World War 3 - Act V, Scene I: Collapse of US and Western Morals and Economies

Between 1776-1788, Edward Gibbons published a huge six volume work entitled The History Of The Decline And Fall Of The Roman Empire. Gibbons' work was scholarly and monumental, as it thoroughly covered a period of history spanning approximately 1,200 years. His goal in producing this study was to precisely catalog the reasons for the rise of the Roman Empire and the factors leading to the decline and fall of the Empire. Gibbons was universally hailed as achieving his objective brilliantly.

But, Gibbons not only created a document which details how and why the Roman Empire rose and fell; he created a document which detailed precisely how a successful and powerful Empire could be subverted and destroyed.

Gibbons listed five basic reasons that the enormous Roman Empire was destroyed:

1. The dramatic increase of divorce undermined the institution of the family.

2. The imposition of higher taxes undermined the economic stability and vitality of the Empire. Taxes were raised to pay for deficit government spending, to pay for food for all in society and to pay for government-sponsored activities of diversion, such as circuses and sports. Interestingly, as the time of the final collapse drew closer, greater emphasis was placed on sports, to divert the attention of the public from the distressing news of massive trouble within the Empire.

3. The drive for personal pleasure had become very intense, even to the point of obsession. Gibbons noted that, at the very end, sports had become more exciting and brutal.

4. People lost their faith, both religiously and in their government. Paganism gave way to Christianity and the efficient Roman Government gave way to chaos and disintegration.

5. Hidden conspirators were working within the government to secretly destroy it. They worked quietly, invisibly and deceitfully; during the entire time they were secretly dismantling the government of the Roman Empire, they publicly proclaimed their unswerving support of it.

Recognize any of the above 5 points occurring in Western societies today? 

May 28, 2004 -- The Federal Reserve raises the Money Supply (M-3) by unprecedented, almost crisis proportions, up another $46.8 billion in one week, bringing the total over the month of May to $155 billion.  This equates to a $2.0 trillion annualized pace, a 22.2 percent annualized rate of growth.  These numbers are huge.

May 5, 2006 -- In possibly the first casualty of the looming subprime crisis, Kirkland, Washington based Merit Financial Inc. files for bankruptcy and closes its doors, firing all but 80 of its 410 employees; Merit’s marketplace decline about 40% and sales are not bringing in enough revenue to support overhead