My point exactly. The objective of world wide Socialism is the elimination of the US as a world power.
In the 60's 70's we had very high personal and corporate tax rates. The position of the US is "Where are you going to go where the rule of Law dominates and taxes are fair?"
Then came Reagan.
The Left knew that they had to remove the US as a world power by two roads: devalue the currency and sap our military power.
Look around. We have the FED printing money (when the Treasury could do it), and using that fiat money to buy Treasury Bonds, which are backed by nothing, BUT counted as an asset. Simultaneously we have Obama deconstructing our military.
Don't get me wrong this is not Democrat versus Republican. Nixon started us down this road when he shut the "Gold Window" by revoking the gold standard.
What was happening was we stupidly had a fixed $42 per ounce of gold standard for the dollar.
Our "friends" the French, began buying our gold at $42 and selling it at the market rate of $300 per ounce. Breton Woods was dead.
From my humble point of view that's when the financial world changed.
We were on the road to a very bad place: Socialism.
You may be right on most of your points, perhaps on all of them. But, my statement is more about the personal wishes of Obama to destroy the U.S. The goal of socialism has been mostly accomplished in the U.S., and what remains now is for the final nail to be hammered, and Obama is the person to do it.