Are we being undermined by Globalists ?

Here are some links for bedtime reading. Who are students of Toffler and his Third Wave (Or as some lable it Third Way)...

http://www.newswithviews.com/Veon/joan47.htm

http://www.enterstageright.com/archi...1199third1.htm

http://www.enterstageright.com/archi...thirdwayp1.htm

http://www.enterstageright.com/archi...thirdwayp3.htm

http://www.enterstageright.com/archi...thirdwayp4.htm

http://www.enterstageright.com/archi...irdwayfall.htm

http://www.enterstageright.com/archi...thirdwayp5.htm

The proper way for Americans to think about “globalization” is in terms of its impact on the United States. The country is weakened if industrial capabilities and good jobs shift overseas. The mounting foreign debt that results from year after year of trade deficits is of the type that have undermined other great nations in the past. The International Monetary Fund’s Chief Economist, Kenneth Rogoff, warned recently that America's current account deficit, the broadest measure of trade and investment flows between nations, is nearing a level that in other countries has led to currency collapses.

Since the dollar is the world’s reserve currency, the United States has more freedom of action than is enjoyed by “normal” countries; and any threat to the dollar’s status needs attention for it could endanger America’s lead position in world affairs. But Washington’s freedom of action can also be constrained by the interference of “global” institutions like the United Nations, the World Trade Organization, or the new International Criminal Court.

It is clear, however, that the so called “anti-globalization” protests that took place in Washington over the weekend, nominally against the World Bank and the International Monetary Fund, were not staged by those whose first concern is how to maintain the economic power and world leadership of the United States.

The weekend protests had little to do even with their proclaimed targets. Mundane problems like the moral hazard of IMF bailouts or the World Banks’s history of failed projects were of little interest. There were the usual demands for writing off old Third World debts, but with the idea of running up new debts from new loans.