The Bust-Out Of ‘America’
If you analyze ‘America’ politically, you’re making an error, unwittingly. ‘America’ is not a polity, people’s opinions have nothing to do with policy, it’s a business, pathologically. The war business is booming when bombs are flying and the healthcare business is making a killing when people are dying and the media business is talking money when they’re lying.
Understanding ‘America’ through its politics is like trying to understand Coca-Cola through its advertising. Coke isn’t trying to make ‘moments’ or ‘memories’ or ‘open happiness’ or anything so humane, they’re a corporation, do I need to explain? In the same way, ‘America’ isn’t trying to deliver ‘human rights’ or ‘democracy’ or ‘freedom’, are you insane? They’re all just lying in order to sell you something. Like Michael Corleone said, it’s not political, it’s strictly business.
The class structure of ‘America’ has always been oligarchy, ie rule by the rich, who in Marxian terms are really just placeholders for the artificial species I call Capital. At founding only a fraction of even the White population could vote. They immediately put down a debtors rebellion (Shay’s) of unpaid soldier because hell with them, even being a White man wasn’t enough, you had to be a propertied White man. ‘America’ is designed for rule by property and that has never changed and never will. That’s the whole business model and why mess with a bad thing?
Colonialism has always been a business, it’s important to understand this. If you read about England at the height of its colonial power, the people in the imperial core lived like shit, you almost feel bad for them. England made poverty (even more of) a crime to turn Australia into a debtors prison. In Sri Lanka, the crocodile ringed neighborhood the colonizers used was called Slave Island or also Kompanna Veediya (company town). It’s the same thing! Colonialism was always a business and the value accrued to shareholders, not citizens (an antiquated concept).
If you understand colonialism as a business you can understand that it never ended, it just rebranded. The banner of White Empire went from Lisbon to Amsterdam to London to Washington, changing marketing terms from monarchy to democracy, but never changing the underlying business model. Why change when you’re making bank?
The Colonial Business Model
If we accept that colonialism is a business and that the business never ended, what is the business model? It’s not terribly complicated. It’s Mafianomics 101.
A Bust-Out
Everything you need to know about what’s happening to (and from) ‘America’ is in this one scene from Goodfellas.
Or this other scene from The Sopranos,
The Mafianomics business model is simple, and what is happening is called a bust-out. You take over a business—when the owner gets into your debt or comes to you for protection against someone else—and then start running up bills on the joint’s credit. When the debts overwhelm the actual business you burn it and move onto the next one. You light a match. This is the colonial business model writ small.
In the exact same way, the White mafia has ‘busted-out’ entire continents. They corrupt local compradors, debt trap entire nations, strip the resources, and then ‘light a match.’ They have done this to every country on Earth and now there’s nothing left to bust-out, so they’re cannibalizing the imperial periphery (Europe, the UAE) before descending on their own corpse.
This is how you understand what’s happening today, with war everywhere, prices rising even in the imperial core, and yet the stock markets going gangbusters. Of course, stock markets are just the place where genteel gangs do their dirt in public. The seeming illogic of modern politics is simply an age-old mafia bust-out.
A Leveraged Buy-Out
In genteel gangland, however, this isn’t called a bust-out. It’s called a leveraged buyout (LBO). It’s the same thing with more lawyers. In an LBO, private equity guys (White word for oligarchs) borrow against a company (which they don’t own yet) to buy the company. If this sounds like a con, it’s because it is, but it’s legal because the bank’s in on it. ‘America’ has legalized corruption.
Once the PE gang takes over the company, they run up bills on the joint’s credit, unload assets out the back, fire people, and maybe do a bit of insider trading. Then when the underlying business inevitably fails, they leave it for dead and move onto the next one. It’s carnivorous capitalism. A genteel bust out.
When ‘Republicans’ said (in the 1980s) that they wanted to run government like a business, this is the business model. They have been busting out the world and their own country since then, stripping assets, bilking labor, and goosing the stock market to get paid now. Now, especially since Citizens United gave corporations ‘speech’ rights, they have completed a leveraged buyout of the US government, making the two-party system as redundant as Coke and Pepsi. And making analyzing their political positions as relevant as comparing marketing.
Now you can buy a Presidency for as little as 2 billion USD and bust out a multi-trillion dollar economy. It’s the biggest leveraged buyout in history, running up the faith and credit of the ‘United States’, looting the US Treasury, and lighting a match to the whole imperial economy. This seems cruel if you take it personally and insane if you take it politically, but remember. It’s nothing personal. It’s strictly business.
What’s Happening
This is the power that explains. We are witnessing a bust-out of the ‘United States,’ an LBO of ‘America,’ and lighting a match to the White Empire of centuries. This is what explains why the stock market goes up while everything else goes down. This is what explains all the wars against ‘America’s’ national interests, because shareholder interest (literally) trumps all. It’s really not that complicated if you stop believing the marketing and follow the money. If you ignore the politics and look at what colonialism always was. A business, built on bones.
In this sense, Trump is the perfect bag-man for the end of the ‘American’ experiment, running a country like a business and using liberal philosophy as marketing. Trump had no political experience, his first elected office was President. And he has a lot of experience with bankruptcy and fraud in many ways (from Trump Water to Trump Air to Trump Casinos) that is his business. And of course it’s not just Trump.
Obama busted people out of their homes and bailed out banks. He pretended to give them healthcare while actually entrenching the insurance companies. Biden busted-out the entire nation of Ukraine to unload expiring military supplies, and accellerated the genocide of Palestine as a going-out-of-business firepower sale and cut off the brief rise in living standards post-COVID to get back to business. They represent ‘America’ as much as Trump. This is the business of colonialism, and every US President is just a paid spokesman.
We are now at the stage in Goodfellas where they light a match to the restaurant and drive away. We are witnessing a last orgy of insider trading and profiting on controlled volatility while the strategic reserve of oil is emptied and even the home economy is hollowed out within. The peripheries of Empire are getting busted-out first but make no mistake, the whole thing is going bust. This is, inshallah, the end of it all. There’s no more out to bust, and no more leverage to be bought.
People may be like ‘this is bad for America!’ or ‘this is bad for Americans’ but this misses the point entirely. What do y’all have to do anything? You’re like the customers or workers of a company being bust-out by the Mafia, irrelevant. Colonialism was bad for everybody else in the world and after the colonizers ran through us, the colonial core is getting their just desserts in the end.
As Malcolm X said, chickens coming home to roost never made me feel bad, they always made me feel glad. Go cluck yourself, to put it indelicately. ‘America’ started as a scam by oligarchs and ends in a scam run by ‘private equity’. Call it the bust-out of the ‘United States’, the LBO of ‘America’, ‘America’s’ death throes by any other name would still reek.