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The American Empire vs. Your Retirement Prospects

Written by Gary North on May 5, 2014

Back in the late 1950’s, I used to sell records to Leonard Wibberley. He had a long gray beard, and he drove a white Jaguar convertible.

You have probably never heard of Leonard Wibberley. But he was important in my life. He taught me about American foreign policy.

He was a novelist. His most famous creation, out of 100 books, was the Duchy of Grand Fenwick. He wrote five novels about this remarkable little country. In his novels, he offered insights into American foreign policy. This was impressive, because Wibberley was Irish. But he had lived long enough in the United States to figure out how the system worked.

His most famous book was The Mouse that Roared. Here was its thesis. A tiny country was in financial straits. It needed a lot of money, and it needed it fast. The Prime Minister decided that the easiest way for a nation to make a lot of money was to declare war on the United States, and then lose the war. Foreign aid would flow in, and continue on a permanent basis thereafter.

The novel was made into a movie. What I remember most about the film was the opening scene. It was a Columbia Pictures movie. There has never been an opening for any movie like this one, and I don’t think there will ever be any like it again. For old times’ sake, click here.


The United States of America is an empire. But it is an empire like no other in history. It is an empire based on giving away money. The general taxpayers are taxed to give the money away, and those who profit from the expansion of the empire are paid by the government to produce the weapon systems which enable the United States government to project power around the world.

The foreign aid system is a system of bribery. It bribes leaders of countries around the world to keep their mouths shut regarding the extension of American power. This extension of power does not benefit the man in the street. It benefits various special interests, especially the military-industrial complex.

These days, the empire opens up markets for American exports, especially weapons and spare parts — the dependence effect. It also makes sure that Middle Eastern oil reaches its destinations, where it is sold only for United States dollars. This helps to maintain the international value of the United States dollar.

It has sold over a trillion dollars in IOU’s to China. This finances our defense of Taiwan against China.

This makes as much sense as federal subsidies to lung cancer research to offset the effects of federal tobacco subsidies.

Recently, Pat Buchanan identified the true nature of the American empire. This is an extension of Leonard Wibberley’s insights.

Historically, great powers and empires exact tribute, exploit colonies, and demand conscripts of their protectorates.America is something new in the way of world powers. We not only provide the legions to protect “allies,” but provide the tribute in the form of foreign aid, IMF and World Bank loans, and bailout billions.

Here is one case in which the old line, originally coined by Joseph Stalin, is accurate. There really is American exceptionalism. These days, when we hear the phrase, “Obama drones on,” we can be sure that it is not talking about his elocution.

(For the rest of my article, click the link.)

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4 thoughts on “The American Empire vs. Your Retirement Prospects

  1. RLOwen says:

    In other words, we are like the rich kid that everybody tolerates because he has the nice car, a boat, a beach house and picks up the check. But if it weren't for all that, no one would be caught dead with him. I like to think that we are better than that. Just, maybe, not all of us. See my blog at http://cranky-conservative.blogspot.com

  2. "It also makes sure that Middle Eastern oil reaches its destinations, where it is sold only for United States dollars."

    That's why the US only looks for "terrorists" in oil-rich countries. It's to preserve the petro-dollar. That's also why no country is considered a "threat" to the US until they propose selling their natural resources for anything other than the US dollar. That's why the reformed bad-boy Qaddafi was murdered, because he was about to start issuing the gold-backed dinar as the national currency.

    That's also why the USrael couldn't allow the new elections to happen in Ukraine, because they were going to aling with Russia and against the EU, which like all polities based on private central banking, needs new blood to prop up its currency.

  3. Bonney Bacon says:

    Loved the book and then found out (in the 60's) that Mr. Wibberley lived on the next street over–I can see his 'writing room' from our house. Cool? Some of his kids (or was it grandkids) made it into the movie biz writing scrips or some such (don't follow that genre). To us he was just the writer on the next street that wrote that great Mouse that Roared book. Thanks for the clip and the memories.

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