For me, as Dubai the company, not easily distinguishable from Dubai the country, hits the wall because it is overextended, it brings back memories from 2006. That was the year the former NSA operative John Perkins published his book about the tactics he had used as a self-styled ‘economic hitman’, who served his corporate overlords’ by getting third world countries into such deep debt that they had no choice other than to act in his corporate employers’ interests or see their country plunged into the disaster that would result by defaulting on massive loans.

One of the countries Perkins identified as working under those concessions was Saudi Arabia. Of course, the catastrophic results of Saudi Arabia’s sacrifice of its own citizens’ interests to those of the financial enslavers of its royal house, we are all too aware, was the alienation of Saudi citizens, who militarized and moved towards 9/11. I have no doubt that the Dubai financial houses involved are as well aware as the rest of us that a massive sellout of its own citizens has historic precedent in that contretemps.

While we are watching stocks tumble around the world, how many of us here are wondering what alternatives are being offered, and have been offered, to the Dubai financial houses that are so deeply in over their heads?

I can’t help thinking that some of the same offers had come up when our own new administration came into power, saddled with debts that were obviously unmanageable. Now, as we watch a right wing second act unveil itself as totally opposed to the national interests it is sworn to serve, as long as that wing can’t hold onto the reins of power, the sell-out has clearly been to corporate interests that are counter to the interests of this country. The results of the falsification of their own role are daily proof that as long as they serve the corporate overlords, the right wing in this country can count on its backing.

Conspiracy theories are all too common, and show all too much sensationalism, for me to want to get hooked on them. It’s really impossible for me to ignore, though, that as the right wing increasingly isolates itself from the public its office holders should be serving, it holds ever more tenaciously to the corporate mantra.

I daily hear on my local stations Kay Bailey Hutchison, now running for governor of Texas while holding onto her Senate seat, declares in her ads that she is only staying in her office ‘to fight the government takeover of health care’. Frankly, any voter who doesn’t realize that Hutchison enjoys to the fullest the benefits of government health care as a Senator really isn’t capable of enough discernment to find a way to the polls and vote.

I can only assume that she, like the rest of the right wing representatives on the air waves and in office, are sure of one of two things.

Either, (1) they believe there are enough voters that fall far below average intelligence to keep them in office, or (2) they know enough to be aware there will be little by way of bad consequences. Instead, there will be contributions from corporate overlords for their blatant lies.

I hate conspiracy theories. I will not be surprised, though, when some years from now we have another book about how health insurance companies sent paid operatives around making offers they couldn’t refuse to those they had compromised and bought. We are seeing any number of writers spilling their formerly unconfessed inside information – that given in timely fashion could have headed off the war in Iraq and the torture that blackens our national reputation. Our Douglas Feiths of the 2010′s will provide fodder for retrospection. Of course, if they were to come forth now, they could head off national disaster. What’s holding them back?