Pundits and politicians alike, when excusing their strategic dealings with China, are quick to remind their audiences that today’s China is a “centuries old civilization” rich in tradition and ancient religious discipline. A Confucian civilization that is still upset over wrongdoings during the European colonization period.
Such a view is wrong. The China we are confronted with today is nothing like that pre-nineteenth century nation. Since the reign of Mao Tse-tung began in 1949, Communist China, much to the dismay, torture, and death of its own citizens, has been governed by tyrannical thugs, thirsty to expand their dictatorial regime and unrelenting in their hatred of Western Civilization and the United States.
Militarily, China has literally surrounded the US. Once there was a Monroe Doctrine to forbid any foreign power to exert influence in American’s back yard, meaning South, Central and North America. All nations respected that doctrine as America vigorously imposed it. That is until China played on the growing weakness of American foreign policy, as when Jimmy Carter gave away the Panama Canal and scuttled all American bases in one of the most the strategic locations of American defense. Since then, China has established relationships and bases in several South and Central American nations. Continue reading
Here is a simple prediction: If President Obama wins re-election the market will respond negatively (for a brief moment, at least). If Romney wins the election, the market will show signs of optimism. This is based on the perception that Romney is good for the market, and Obama is bad for the market. How does this assertion measure up to actual polling data, and how might it shape the outcome of the election?
As for the actual outcome of the election, some observers might compare 2012 with the election of 1980. In both cases we have a Democrat with a bad economy running against a Republican promising deregulation and lower taxes. The Republican should win, right? The situation in 1980 is not a good comparison, because in 1980 President Jimmy Carter’s position was weakened by the Iran Hostage Crisis. Also, in 1980, a Gallup poll showed Reagan ahead at the end of the primaries with 58 percent of the vote. Recent polls do not show Romney with any lead whatsoever.
As for seasoned opinion, Rupert Murdoch is “doubtful” that Romney will beat Obama. According to an analysis of candidate fundraising by John Aloysius Farrell, Obama has more donors than Romney which translates into more campaign volunteers and more passion. “By the standards of the past, Obama is in the preferable position,” writes Farrell. Of course, the election is more than three months away. According to John Galt, writing for America’s Chronicle, “Today’s polls are bad long term predictors because they do not take into account events close to the election.”
Suppose we can predict a worsening economy by November, Obama’s numbers are bound to suffer; unless we adopt the cynicism of Oswald Spengler. “What is truth?” Spengler asked in his Decline of the West. “For the multitude, [the truth is] that which it continually reads and hears.” This is what Spengler calls “the public truth of the moment, which alone matters….” Spengler believed that democratic politics led to “an appalling caricature of freedom of thought” in which the “dictates of party leaders supports itself upon that of the Press. The competitors strive by means of money to detach … peoples … en masse from hostile allegiance and to bring them under their own mind-training.” According to Spengler, feudal obligations have been replaced by a regime that “shapes men’s souls with articles, telegrams and pictures….”
There is truth in Spengler’s words, which leave us wondering which party is more effectively shaping men’s souls. This answer should be obvious to the well-informed, though it will not be obvious to those who have been “shaped.”
Full article: Election 2012 and the Market (JR Nyquist | Financial Sense Online)
For those that are still lulled into the belief that this is a typical economic cycle of boom and bust we’re facing in this country, it couldn’t be farther from the truth. While the United States is in fact facing an economic crisis, the roots causes of the country’s ills are much deeper than the symptoms suggest on the outside. We are under a full scale economic attack in the last phase which will push us off the cliff. The following article underscores this point:
Three news items landed on my desk today from three different sources all pointing to a Phase Three attack designed to destroy the American way of life or even Western civilization as we know it. This isn’t alarmist. Rather it is the studied conclusion of current events with a solid understanding of the fragility demonstrated in 2008. Make no mistake. Our system nearly imploded less than four years ago and we have done very little to address the risks of a systemic attack on our financial system. Since the publication of my report nearly three years ago for DoD (Economic Warfare; Risks and Responses), I have gone to great lengths to educate and awaken our national security apparatus, Congress, and anyone in a leadership position who would listen. In the past year or so, I have taken the case to the American people to get them to wake up to the very real threats we face. This effort has included hundreds of interviews in national and local media, Op-Eds, articles in major publications, a national speaking tour, and finally the publication of the NY Times best-selling book Secret Weapon (www.secretweapon.org).
Despite our best efforts, we have not received the attention necessary to address this fast-developing crisis. Many fine people have listened and understood our message. Far too many, however, have ignored the warnings due to arrogance. They wrongly assume that the events of 2008 were “one-offs” that won’t repeat. They can’t believe that we have enemies who would do harm to our economy. In short, they doubt that anyone has the motive, means, and opportunity to bring harm to our economy. Quite simply, they are wrong and their excessive arrogance is endangering all of us.
[If you haven’t been following us over the past year, first go to www.secretweapon.org. From this website, you can access our Reviews tab and see responses from some of the people we have briefed. These are serious people representing experience from every Presidential administration dating back to Jimmy Carter. And, that’s just a portion of those who have been in senior leadership positions over the past 30 years who now know of and acknowledge the serious problem we are describing. You can also check out the Newsroom tab. Scroll through and view, listen to, or read a small portion of interviews, Op_eds, and articles. Be sure to dive into the Previous Entries at the bottom of the page because there are some really good media pieces in earlier entries. Then, be sure to really dive through this Blog. Start at January 2011 and read the many posts on all subjects that back up what we are saying. And, you can even find the report I prepared for DoD. Here is a web link (although I have not verified it page by page): SCRIBD.com Economic Warfare by Kevin Freeman. There have been almost 52,000 downloads of that report.]
Full article: Motive, Means, and Opportunity for the Next Attack In Place (Kevin Freeman / Global Economic Warfare)
At first glance, what comes to mind is the Iranian hostage crisis of 1977 . Will this be escalated by Egypt? What will the Obama administration reaction be? This could very well be Obama’s incompetent Carter moment. Make no mistake, this is a hostage crisis.
(Reuters) – Six Americans working for publicly funded U.S. organizations promoting democracy in Egypt have been barred from leaving the country, provoking angry demands in Washington that Cairo’s new military rulers stop “endangering American lives”.
Among those hit by travel bans – one of those targeted called it “de facto detention” – is a son of U.S. Transportation Secretary Ray LaHood, as well as other foreign staffers of the International Republican Institute and National Democratic Institute, officials at the two organizations said.
The United States said Egypt should reverse them: “We are urging the government of Egypt to lift these restrictions immediately and allow these folks to come home as soon as possible,” State Department spokeswoman Victoria Nuland said.
Continue reading article: U.S. outrage as Egypt bars Americans from leaving (Reuters)