But the most acute threat to the American Imperium, as Hugo Chavez gleefully observed at the recent OPEC summit, is the ever-accelerating demise of the dollar. 

"Soon they won’t be talking any more about dollars because the dollar is on a free fall and the empire of the dollar is coming down,” gloated the Venezuelan ruler, a comment we should file under “Things That Are True Despite Being Said By Loathsome People.”  

Burke wouldn't be surprised to learn that Washington's ambitions have engendered combinations devoted to bringing about its ruin. But he would likely be amazed at the audacity of our rulers in trying to build an Empire on money borrowed from those (such as Beijing's ruling caste) who stand to gain the most from its eventual demise. 

And like our Founders – whose courage and wisdom he appreciated, and with whose grievances he sympathized – Burke would be astonished and disgusted by complacent Americans who cannot understand how empire-building always ends in misery and servitude. 

Imperial Dread