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unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 07:28 AM
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Finis
Finis
William Lind | December 15, 2009

This will be the last On War column, at least for the foreseeable future. I will (unexpectedly) retire from Free Congress Foundation, where I have worked for twenty-two years, at the end of this month. Once I am re-established, either with a new institution or in retirement, I intend to re-start the column. When that will be I do not know. It also depends on obtaining connection to a telegraph line, which is not available everywhere.

After three hundred and twenty-five columns, what is left to be said? Two points, I think, are worth noting in closing. First, since the Marine Corps Gazette article that first laid out the framework of the Four Generations of Modern War was published in 1989, events have largely followed the course it predicted. That is not to say I was right in all my predictions in these columns. Were my crystal ball that accurate, I would be a rich man. (Being rich, as a Rothschild once defined it, is being able to live comfortably on the interest on the interest.) But in broad terms, the theory has had predictive value, which is the test of any theory.

~snip~

What might change that picture? Nothing will change in DOD until the money simply isn't there anymore. The news, which is simultaneously good and bad, is that the money soon won't be there. Like every previous imperial power, we are bankrupting ourselves. A trillion dollars here and a trillion dollars there, and soon it adds up to real money. The twin financing mechanisms of piling up debt and debasing the currency can only go on so long. We can already see the night at the end of the tunnel.

There is no better way to end this series of columns, at least for a while, than to recommend a book. The best book on where America now stands and where it is going is J. H. Elliott's The Count-Duke of Olivares: A Statesman in an Age of Decline. Olivares was what we would now call the prime minister of Spain in much of the first half of the 17th century. His era saw Spain go from "the only superpower" to a downward plunge that lasted three centuries. Unusually, the more one looks at the details, the more the parallel holds. Then, as now, the root problem was the same: the court was controlled by interests that lived off the nation's decay. Consider the book Scrooge's recommendation for good Christmas reading.


Rest of article at: http://www.military.com/opinion/0,15202,207517,00.html?wh=news
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