Is is prudent to Back America?

There has been a PDF from Zerohedge that has been making the rounds from the blogosphere one quote that interests me is as follows:

It is astounding, and this is the
second interesting observation, how completely
naturally those who claim the moral high-ground
rush to join forces with the authorities and their
financial requirements. At the risk of once again
winding up certain specialists in business ethics,
let us briefly recall the sort of tax authorities we
are dealing with, and the sort of state they serve: a
country that, over the last 60 years, has unques-
tionably been one of the most aggressive nations
in the world. The USA has fought by far the larg-
est number of wars, sometimes with, but mostly
without a UN mandate. It has broken the interna-
tional laws of war, maintained secret prisons, and
fought an absurd war against drugs, with serious
consequences both abroad (Columbia, Afghani-
stan) and at home (according to reliable sources,
the tentacles of the narcotics mafia now reach
well into political circles). With breathtaking
moral duplicity, the USA maintains enormous
offshore havens in Florida, Delaware and others
of its states. The moralizers have joined sides with
a nation that still makes extensive use of the
death penalty, and that has a legal system under
which lawyers can get rich on the misfortunes of
their clients. Liability cases often end in verdicts
with exorbitant damages, which makes business
activity extremely risky, for medium-sized enter-
prises in particular. The moralizers provide intel-
lectual support for a country that allows its infra-
structure to collapse, and then stuffs convicts into
hopelessly overfilled jails, after what are not in-
frequently dubious proceedings. They fund a
nation that tolerates – or rather, causes – regular
crises in the global financial system that it man-
ages. A country whose underclass enjoys neither
the benefits of an adequate education, nor a half-
way functional healthcare system; a country
whose economic system is increasingly inclined to
overconsumption, and in which saving and invest-
ing have increasingly become alien concepts, a
situation that has undoubtedly been one of the
driving forces behind the current recession, with
all its catastrophic consequences for the whole
world.