
Heh . . .good 'ol Claudia sent this in!
Musings of C. Dikinis (Starcats) and myself (Jammy) regarding our unscrupulous President.
This editorial will appear in the Army Times, Air Force Times, Navy Times and Marine Corps Times on Monday under the headline “Time for Rumsfeld to go”:
"So long as our government requires the backing of an aroused and informed public opinion ... it is necessary to tell the hard bruising truth."
That statement was written by Pulitzer Prize-winning war correspondent Marguerite Higgins more than a half-century ago during the Korean War.
But until recently, the "hard bruising" truth about the Iraq war has been difficult to come by from leaders in Washington. One rosy reassurance after another has been handed down by President Bush, Vice President Cheney and Defense Secretary Donald Rumsfeld: "mission accomplished," the insurgency is "in its last throes," and "back off," we know what we're doing, are a few choice examples.
Military leaders generally toed the line, although a few retired generals eventually spoke out from the safety of the sidelines, inciting criticism equally from anti-war types, who thought they should have spoken out while still in uniform, and pro-war foes, who thought the generals should have kept their critiques behind closed doors.
Now, however, a new chorus of criticism is beginning to resonate. Active-duty military leaders are starting to voice misgivings about the war's planning, execution and dimming prospects for success.
Army Gen. John Abizaid, chief of U.S. Central Command, told a Senate Armed Services Committee in September: "I believe that the sectarian violence is probably as bad as I've seen it ... and that if not stopped, it is possible that Iraq could move towards civil war."
Last week, someone leaked to The New York Times a Central Command briefing slide showing an assessment that the civil conflict in Iraq now borders on "critical" and has been sliding toward "chaos" for most of the past year. The strategy in Iraq has been to train an Iraqi army and police force that could gradually take over for U.S. troops in providing for the security of their new government and their nation.
But despite the best efforts of American trainers, the problem of molding a viciously sectarian population into anything resembling a force for national unity has become a losing proposition.
For two years, American sergeants, captains and majors training the Iraqis have told their bosses that Iraqi troops have no sense of national identity, are only in it for the money, don't show up for duty and cannot sustain themselves.
Meanwhile, colonels and generals have asked their bosses for more troops. Service chiefs have asked for more money.
And all along, Rumsfeld has assured us that things are well in hand.
Now, the president says he'll stick with Rumsfeld for the balance of his term in the White House.
This is a mistake.
It is one thing for the majority of Americans to think Rumsfeld has failed. But when the nation's current military leaders start to break publicly with their defense secretary, then it is clear that he is losing control of the institution he ostensibly leads.
These officers have been loyal public promoters of a war policy many privately feared would fail. They have kept their counsel private, adhering to more than two centuries of American tradition of subordination of the military to civilian authority.
And although that tradition, and the officers' deep sense of honor, prevent them from saying this publicly, more and more of them believe it.
Rumsfeld has lost credibility with the uniformed leadership, with the troops, with Congress and with the public at large. His strategy has failed, and his ability to lead is compromised. And although the blame for our failures in Iraq rests with the secretary, it will be the troops who bear its brunt.
This is not about the midterm elections. Regardless of which party wins Nov. 7, the time has come, Mr. President, to face the hard bruising truth:
Donald Rumsfeld must go.
URL: http://www.msnbc.msn.com/id/15552388/
October 26, 2006 |
:: The address of this page is : www.uruknet.info?p=27769
:: The incoming address of this article is :
towardfreedom.com/home/content/view/911/
:: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of Uruknet .
Claudia D. Dikinis
http://starcats.com >^..^
cddstarcats@yahoo.com
Fax (eFax): 310 564-0417
*****************************************************************
"Gort! Klaatu barada nikto!" -- "The Day The Earth Stood Still," 1951 w/ Michael Rennie & Patricia Neal. This phrase stopped Gort, the Robot from destroying the world.
"A Nation of Sheep breeds a Government of Wolves." -- Edward R. Murrow
The last time we mixed religion and politics people got burned at the stake.
"If love is a drug, then I guess we're all sober..." Everybody's Gone To War, by Nerina Pallet
http://www.onlylyrics.com/song.php?id=31531
"When fascism comes to America, it will be wrapped in a flag, carrying a cross." --Sinclair Lewis (1935)
"By words the mind is winged." - Aristophanes
War, by Nerina Pallet
http://www.onlylyrics.com/song.php?id=31531
"When fascism comes to America, it will be wrapped in a flag, carrying a cross." --Sinclair Lewis (1935)
"By words the mind is winged." - Aristophanes
Aziz Huq directs the Liberty and National Project at the Brennan Center for Justice. He is co-author of Unchecked and Unbalanced: Presidential Power in Times of Terror (New Press, 2007), and recipient of a 2006 Carnegie Scholars Fellowship.
The partisan posturing began within hours of reports the British had arrested 20-odd suspects in connection with an alleged terrorist conspiracy to blow up passenger airplanes. Arrests were made in the U.K, not the U.S. The plot was hatched in the U.K. and Pakistan.
But it was U.S. politicians who first mounted their soapboxes. “Move to question your opponent’s commitment to the defeat of terror,” crowed National Republican Party Congressional Committee Chairman Tom Reynolds. Following this rush to judgment was a campaign to expand government powers. Both Homeland Security Secretary Michael Chertoff and Attorney General Alberto Gonzales floated proposals to study new British anti-terrorism laws. Now the question is: Will the Bush administration and its allies in Congress be able to introduce its borrowed “Cool Britannia” finery in time for the November 2006 polls?
Set aside for a moment the hazards of enlarging executive power when public fear is at fever pitch and partisan politics at its zenith. Are the proposed powers really new or really needed? The short answer is no.
The federal government already, in fact, exercises many of the powers the British have—and uses them deeply unwisely, in ways that don’t build the nation’s security. The government is seeking non-solutions to non-problems. The problem has never been power—it’s whether there are methods of holding government accountable for using its power in an accurate, fair and proportionate way.
From 2000 onward, the United Kingdom enacted four significant counterterrorism laws. Like the USA PATRIOT Act, each package contained a complex of interconnecting provisions. Chertoff picked out two areas for examination: the British police’s ability to detain suspects for up to 28 days under a new Terrorism Act, which came into force on April 13, 2006, and the British police’s broader surveillance powers. Reliable pro-administration hawks David Rivkin and Lee Casey added profiling to the wish-list. They contend that “British attitudes toward ethnic and religious profiling appear to be far more pragmatic.” Which is a polite way of saying “let’s treat people differently based on race or religion.”
Chertoff et al. offer no evidence that warrantless surveillance, preventative detention or improved intelligence/police coordination had any role in detecting the liquid bombing conspiracy. Like the USA PATRIOT Act, these powers are a wish-list untethered to practical needs—or practical problems.
Consider first how the British plot was intercepted, and whether the administration borrowings would help in such detection. Electronic surveillance appears not to have been decisive for the arrests—and nothing suggests such surveillance could not be carried out in accord with existing federal statutes. As Juliette Kayyem explained in The Washington Post , the real breakthrough came via an informant.
The alleged liquid-bomb conspiracy is a signal that human intelligence of this ilk will become increasingly important. Technology for planning and carrying out terrorist attacks is becoming more available. The chilling simplicity of the plot and the practical inability of security personnel to seal public spaces against such attack should warn us that high-tech surveillance of money and technology transfer will be less important in the future. Indeed, Bin Laden did not create an organization as much as he fashioned an ideology that could be disseminated and operationalized by Internet and word-of-mouth. His ideas can then be acted on independently in Bali, Istanbul, London or Casablanca. Sheer force simply doesn’t work against this strategy.
What will matter increasingly in counterterrorism strategies is human intelligence and governments’ ability to work with minority communities to identify and cultivate sources and intelligence from the ground up. None of the Chertoff et al. wish-list helps on this count. Nothing in the proposed new powers would necessarily thwart a similar liquid bomb plot in the future.
Instead, Rivkin and Casey rush to the most facile and dangerous solution of institutionalizing racial prejudice—even though it has long been clear that al-Qaida is vigorously recruiting people who do not fit ethnic stereotypes, and succeeding. Increased profiling will simply accelerate this trend. In their rush to justify the unwise and reckless policies already used by the Bush administration, they endorse measures that would alienate the communities from which not only terrorist recruits come, but also a vital resource for combating terrorists. Their proposals would dry up the most important sources of recruits for intelligence services. In the name of building executive power to discriminate, they would make us all less safe.
The British authorities know all this—and try hard not to make the mistake that Casey and Rivkin advocate, in the face of heated public pressure. The Brits cultivate human intelligence both through wise investment by the intelligence agencies and also via smart public policy. One of the most important post-9/11 initiatives begun by the British MI5—the security service responsible for protection against espionage and terrorism—is to aggressively recruit Arabic and Asian language speakers. By contrast, inquiries last year by the Center for the Study of Sexual Minorities in the Military revealed that the Department of Defense had fired 20 Arabic and six Farsi speakers pursuant to its “don’t ask, don’t tell” policy. Better dead than gay, appears to be Secretary of Defense Donald Rumsfeld’s modus operandi.
Further, the British government is trying—albeit inconsistently—to reduce the number of extremists. The July 2005 bombings in London prompted a wave of new police efforts to build bridges to Muslim communities. Two weeks after the July attacks, Prime Minister Tony Blair convened a summit meeting with British Muslim leaders to find ways to strengthen communities against radicalism. Seven working groups were established to develop comprehensive economic and political strategies. British police also developed coordinated plans for responding to hate crimes against South Asian communities in the aftermath of a terror attack. To be sure, these policies were only partially successful—but that doesn’t mean they haven’t played an important role in reducing the number of plots.
The preventative detention power that Chertoff put on the table, finally, is no stranger to U.S. law. In the U.K., the 2006 Terrorism Act allows preventative detention without charge for 28 days. Since 9/11, the Department of Justice has used a 1984 law enacted to secure testimony from witnesses who might otherwise flee. This “material witness” statute is deployed to secure de facto indefinite detention of terrorist suspects. A study conducted by Human Rights Watch and the ACLU found that federal courts have not rejected a single request for a post-9/11 “material witness” warrant. Out of 70 such arrestees, 42 were released without charge. Seven were charged on counts of “material support” (an amorphous, ambiguous crime that reaches much seemingly innocuous conduct). Twenty were charged with non-terror offenses. Two were designated “enemy combatants”—never to be charged or tried (one, Jose Padilla, to be released just as the U.S. Supreme Court looked set to decide his case).
Locking up material witnesses makes good news copy for politicians. Recruiting Arabic and Urdu-speaking FBI agents doesn’t. Guess which really makes us safer. What’s needed now—and what has been needed since 9/11—are measures to ensure intelligence powers are used in a responsible, accountable fashion, that abuses are stopped, and that mistakes aren’t covered up or ignored. This is the national security agenda that would make the nation safe and keep it proud. Whether it’s the agenda touted by the Bush administration this fall is unlikely.NEW YORK President Bush’s job approval rating has fallen to 29%, its lowest mark of his presidency, and down 6% in one month, according to a new Harris poll. And this was before Thursday's revelations about NSA phone surveillance.
Of 1,003 U.S. adults surveyed in a telephone poll, 29% think Mr. Bush is doing an “excellent or pretty good” job as president, down from 35% in April and 43% in January.
Roughly one-quarter of U.S. adults say “things in the country are going in the right direction,” while 69% say “things have pretty seriously gotten off on the wrong track.”
Some 28% of Americans said they consider Iraq to be one of the top two most important issues the government should address, up from 23% in April. Interest has faded slightly in the immigration issue.
Other recent major polls have pegged Bush's approval rating from 31% to 37%.
What does it mean to oppose something on the grounds that it is “illegal”? Should we oppose non-heterosexual marriage based on its illegality? Shall we condemn San Francisco mayor Gavin Newsom for the illicit marriages he allowed in 2004? Or are Phyllis Lyon and Del Martin (the first couple to be illegally wedded in San Francisco) to blame?
A passing glance at American history confirms beyond the shadow of a doubt that, as long as this nation has existed, it has existed under laws that have been nothing short of amoral. People of color, women, blue-collar workers, queers and yes, immigrants have been oppressed in appalling, inexcusable ways, all of which were legal.
So, no, these immigrants are not legal. But instead of opposing their presence in the U.S., we should oppose the laws that make them illegal. There’s nothing shocking about seeing a legal system with a long history of fostering unjust exclusion … foster unjust exclusion. And it is unjust.
There are currently slightly less than 12 million unauthorized migrants in America and just over half of them are from Mexico. (This, incidentally, does not excuse the use of the word “Mexicans” as an umbrella term for unauthorized migrants or authorized migrants or Hispanics in general. That is racist.) Why are they here?
U.S. trade policy. As “one Mexican farmer told a researcher, 'If the U.S. sends subsidized corn into Mexico, send it in trains with benches to bring back the Mexican farmers who will need jobs.'"
NAFTA went into effect in 1994. Interestingly, although “free trade” is right there in the name, the U.S. began selling subsidized (and therefore cheap) agricultural products (mostly corn) in Mexico. Unable to compete, 1.7 million Mexican farmers found themselves destitute. What were they to do? Before NAFTA, 7 percent of migrant farm workers in the U.S. were unauthorized. By 2004, that number had risen to 50 percent.
Not all the farmers NAFTA displaced came here. Some stayed on to work for a pittance at the 2,200 U.S. factories that just happened to wander South of the border—how fortuitous! Incidentally, there certainly is a link between illegal immigration and unemployment among U.S. citizens and that link is NAFTA. Flint, Michigan, famously plummeted into indigence shortly after GM took advantage of NAFTA and moved many plants to Mexico.
To put it crudely, it’s our fault. Our nation is continuing to pursue policies (see CAFTA ) that wreck foreign economies. It is, then, not our place to complain about unauthorized migrants. They do pay taxes. They pay a whole lot of taxes, in fact. They do not deflate wages. But that’s hardly even relevant. Whether or not they benefit us, we have the moral obligation to welcome them into the U.S.; any law that does not acknowledge this is, well, wrong. History demonstrates that determining whether something is right based on whether it is legal is, mildly speaking, inaccurate. Fortunately, history also demonstrates that we tend to eventually come to our senses. So, please, let’s.
Barr answered in the affirmative. "Do we truly remain a society that
believes that . . . every president must abide by the law of this country?" he
posed. "I, as a conservative, say yes. I hope you as conservatives say
yes.
"But nobody said anything in the deathly quiet audience. Barr merited
only polite applause when he finished, and one man, Richard Sorcinelli, booed
him loudly. " I can't believe I'm in a conservative hall listening to him say
[Bush] is off course trying to defend the United States," Sorcinelli fumed.
Iran’s Oil-exchange threatens the Greenback
By Mike Whitney
http://www.informationclearinghouse.info/article11654.htm
01/23/06 "ICH" -- -- The Bush administration will never allow the Iranian government to open an oil exchange (bourse) that trades petroleum in euros. If that were to happen, hundreds of billions of dollars would come flooding back to the United States crushing the greenback and destroying the economy. This is why Bush and Co. are planning to lead the nation to war against Iran. It is straightforward defense of the current global system and the continuing dominance of the reserve currency, the dollar.
The claim that Iran is developing nuclear weapons is a mere pretext for war. The NIE (National Intelligence Estimate) predicts that Iran will not be able to produce nukes for perhaps a decade. So too, IAEA chief Mohammed ElBaradei has said repeatedly that his watchdog agency has found “no evidence” of a nuclear weapons program.
There are no nuclear weapons or nuclear weapons programs, but Iran’s economic plans do pose an existential threat to America, and not one that can be simply brushed aside as the unavoidable workings of the free market.
America monopolizes the oil trade. Oil is denominated in dollars and sold on either the NYMEX or London’s International Petroleum Exchange (IPE), both owned by Americans. This forces the central banks around the world to maintain huge stockpiles of dollars even though the greenback is currently underwritten by $8 trillion of debt and even though the Bush administration has said that it will perpetuate the deficit-producing tax cuts.
America’s currency monopoly is the perfect pyramid-scheme. As long as nations are forced to buy oil in dollars, the United States can continue its profligate spending with impunity. (The dollar now accounts for 68% of global currency reserves up from 51% just a decade ago) The only threat to this strategy is the prospect of competition from an independent oil exchange; forcing the faltering dollar to go nose-to-nose with a more stable (debt-free) currency such as the euro. That would compel central banks to diversify their holdings, sending billions of dollars back to America and ensuring a devastating cycle of hyper-inflation.
The effort to keep information about Iran’s oil exchange out of the headlines has been extremely successful. A simple Google search shows that NONE of the major newspapers or networks has referred to the upcoming bourse. The media’s aversion to controversial stories which serve the public interest has been evident in many other cases, too, like the fraudulent 2004 presidential elections, the Downing Street Memo, and the flattening of Falluja. Rather than inform, the media serves as a bullhorn for government policy; manipulating public opinion by reiterating the specious demagoguery of the Bush administration. As a result, few people have any idea of the gravity of the present threat facing the American economy.
This is not a “liberal vs. conservative” issue. Those who’ve analyzed the problem draw the very same conclusions; if the Iran exchange flourishes the dollar will plummet and the American economy will shatter.
This is what author Krassimir Petrov, Ph.D in economics, says in a recent article The Proposed Iranian Oil Bourse:
“From a purely economic point of view, should the Iranian Oil Bourse gain momentum, it will be eagerly embraced by major economic powers and will precipitate the demise of the dollar. The collapsing dollar will dramatically accelerate U.S. inflation and will pressure upward U.S. long-term interest rates. At this point, the Fed will find itself between …between deflation and hyperinflation-it will be forced fast either to take its "classical medicine" by deflating, whereby it raises interest rates, thus inducing a major economic depression, a collapse in real estate, and an implosion in bond, stock, and derivative markets, with a total financial collapse, or alternatively, to take the Weimar way out by inflating, whereby it pegs the long-bond yield, raises the Helicopters and drowns the financial system in liquidity, bailing out numerous LTCMs and hyperinflating the economy.
No doubt, Commander-in-Chief Ben Bernanke, a renowned scholar of the Great Depression…, will choose inflation. …The Maestro has taught him the panacea of every single financial problem-to inflate, come hell or high water. …To avoid deflation, he will resort to the printing presses…and, if necessary, he will monetize everything in sight. His ultimate accomplishment will be the hyperinflationary destruction of the American currency …”
So, raise interest rates and bring on “total financial collapse” or take the “Weimar way out” and cause the “hyperinflationary destruction of the American economy.”
These are not good choices, and yet, we’re hearing the same pronouncements from right-wing analysts. Alan Peter’s article, “Mullah’s Threat not Sinking In”, which appeared in FrontPage Magazine.com, offers these equally sobering thoughts about the dangers of an Iran oil-exchange:
“A glut of dollar holdings by Central Banks and among Asian lenders, plus the current low interest rate offered to investor/lenders by the USA has been putting the dollar in jeopardy for some time… A twitching finger on currency's hair-trigger can shoot down the dollar without any purposeful ill intent. Most estimates place the likely drop to "floor levels" at a rapid 50% loss in value for a presently 40% overvalued Dollar.”
The erosion of the greenback’s value was predicted by former Fed-chief Paul Volcker who said that there is a “75% chance of a dollar crash in the next 5 years”.
Such a crash would result in soaring interest rates, hyperinflation, skyrocketing energy costs, massive unemployment and, perhaps, depression. This is the troubling scenario if an Iran bourse gets established and knocks the dollar from its lofty perch. And this is what makes the prospect of war, even nuclear war, so very likely.
Peter’s continues:
“With economies so interdependent and interwoven, a global, not just American Depression would occur with a domino effect throwing the rest of world economies into poverty. Markets for acutely less expensive US exports would never materialize.
The result, some SME's estimate, might be as many as 200 million Americans out of work and starving on the streets with nobody and nothing able to rescue or aid them, contrary to the 1920/30 Great Depression through soup kitchens and charitable support efforts.”
Liberal or conservative, the analysis is the same. If America does not address the catastrophic potential of the Iran bourse, Americans can expect to face dire circumstances.
Now we can understand why the corporate-friendly media has omitted any mention of new oil exchange in their coverage. This is one secret that the boardroom kingpins would rather keep to themselves. It’s easier to convince the public of nuclear hobgoblins and Islamic fanatics than to justify fighting a war for the anemic greenback. Never the less, it is the dollar we are defending in Iraq and, presumably, in Iran as well in the very near future. (Saddam converted to the euro in 2000. The bombing began in 2001)
There are peaceful solutions to this dilemma, but not if the Bush administration insists on hiding behind the moronic deception of terrorism or imaginary nuclear weapons programs. Bush needs to come clean with the American people about the real nature of the global energy crisis and stop invoking Bin Laden and WMD to defend American aggression. We need a comprehensive energy strategy, (including government funding for conservation projects, alternative energy-sources, and the development of a new line of “American-made” hybrid vehicles) candid negotiations with Iran to regulate the amount of oil they will sell in euros per year (easing away from the dollar in an orderly way) and a collective “international” approach to energy consumption and distribution (under the auspices of the UN General Assembly)
Greater parity among currencies should be encouraged as a way of strengthening democracies and invigorating markets. It promises to breathe new life into free trade by allowing other political models to flourish without fear of being subsumed into the capitalist prototype. The current dominance of the greenback has created a global empire that is largely dependent on debt, torture, and war to maintain its supremacy.
Iran’s oil bourse poses the greatest challenge yet to the dollar-monopoly and its proponents at the Federal Reserve. If the Bush administration goes ahead with a preemptive “nuclear” strike on alleged weapons sites, allies will be further alienated and others will be forced to respond. As Dr. Petrov says, “Major dollar-holding countries may decide to quietly retaliate by dumping their own mountains of dollars, thus preventing the U.S. from further financing its militant ambitions.”
There is increasing likelihood that the foremost champions of the present system will be the very one’s to bring about its downfall.
(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Information Clearing House has no affiliation whatsoever with the originator of this article nor is Information Clearing House endorsed or sponsored by the originator.)
Breaking from NewsMax & MoneyNews.com
"Danger Time for America" -
the respected global weekly magazine states, depicting a cover
drawing of Federal Reserve Chairman Alan Greenspan passing a stick of
dynamite labeled the "The Economy."
The Economist is not given to alarmist warnings.
But the magazine believes the U.S. economy is in for a rocky road beginning
this year, and challenges economic optimists' recent sunny predictions
regarding the U.S. financial picture. The Economist report mirrors the
analysis that has been offered by the Financial Intelligence Report, a publication of NewsMax and MoneyNews. The FIR has been warning investors for some time of the potential economic chaos that Federal Reserve Chairman Greenspan is about to drop on the American economy. For more info Go Here Now.
has been warning investors for some time of the potential economic
chaos that Federal Reserve Chairman Greenspan is about to drop on the
American economy. For more info Go Here Now
The magazine targets Greenspan, who will soon retire from the Federal Reserve with most people bombarding him with glowing praise and congratulations for a job well done.
Not so fast, says The Economist.
The publication says: "The economy that
Alan Greenspan is about to hand over is in a much less healthy state
than is popularly assumed."
While respectfully bowing to the
retiring Fed chairman, with a sly wink to "Greenspan's 'exuberant'
send-off," The Economist's outlook soon turns dour, both on Greenspan
and on the U.S. economy.
"During much of his 181/2 years
in office America enjoyed rapid growth with low inflation, and he
successfully steered the economy around a series of financial hazards,"
says the article.
"In his final days of glory, it may
therefore seem churlish to question his record. However, Mr.
Greenspan's departure could well mark a high point for America's
economy, with a period of sluggish growth ahead. This is not so much
because he is leaving, but because of what he is leaving behind: t
While the magazine acknowledges that
Greenspan "can't control huge economic uncertainties" and "is
constrained by limits of what monetary policy can do," it points out
that one cannot exaggerate Greenspan's influence over the economy and
financial markets.
It is in the setting of monetary policy that Greenspan falls particularly short, The Economist concludes.
"The main reason why America's growth
has remained strong in recent years has been a massive monetary
stimulus," it says. "The Fed held real interest rates negative for
several years, and even today real rates remain low."
The magazine notes that Greenspan
triggered two of the greatest bubbles in history, the
dotcom bubble of the 1990s and the real estate one the magazine
warns is about to pop.
Greenspan's actions have created a
domino effect through which American consumers could borrow against the
rising, potentially artificial value of their homes to buy plush hot
tubs and $5,000 barbecue pits. In this way, Americans have been able to
literally consume more than they earn.
And that is leading to a consumer
financial environment in which Americans have negative savings rates, a
growing burden of household debt and a sizable current-account deficit.
[See: Sir John Templeton warns of housing bust - Go Here Now.]
Says The Economist: "Part of America's
current prosperity is based not on genuine gains in income, nor on high
productivity growth, but on borrowing from the future.
For the present, that means slower growth, weaker job creation and low wage growth.
Citing Morgan Stanley, The Economist
points out that over the past four years total private-sector labor
compensation has risen by only 12 percent in real terms, compared
with an average gain of 20 percent over the previous five
expansions.
The U.S. economy during the past several
years has been fueled by real estate and related spending - not from an
increase in labor compensation which has fueled previous economio
"Given that consumer spending and
residential construction have accounted for 90 percent of GDP
growth in recent years, it is hard to see how this can occur without a
sharp slowdown in the economy."
Investors who agree that the United States may be facing economic trouble ahead can prepare by reading the following reports:
Investors who agree that the United States may be facing economic trouble ahead can prepare by reading the following reports:
Claudia D. Dikinis
http://starcats.com >^..^<
Political & Personal Astrology for a New Millennium
*****************************************************************"If a nation is unable to perceive reality correctly, and persists in operating on the basis of faith-based delusions, its ability to hold its own in the world is pretty much foreclosed." -- "Dark Ages America: The Final Phase of Empire," by Morris Berman"A Nation of Sheep breeds a Government of Wolves." -- Edward R. Murrow"When fascism comes to America, it will be wrapped in a flag, carrying a cross." --Sinclair Lewis (1935)"By words the mind is winged." - Aristophanes"Maybe this world is another planet's Hell." - Aldous Huxley
Reach Out and Touch No One http://www.topplebush.com/oped2450.shtml January 7, 2006 |
Doing the math, you've got to figure that the 12 wise men and one wise woman had about 30 seconds apiece to say their piece to the president about Iraq, where vicious assaults this week have killed almost 200 and raised U.S. troop fatalities to at least 2,189. It must have been like a performance by the Reduced Shakespeare Company, which boils down the great plays and books to their essence. Proust is "I like cookies." Othello raps that he left Desdemona "all alona, didn't telephona." "The Iliad" and "The Odyssey" condense into "The Idiodity." "Henry V" is "A king's gotta do what a king's gotta do," and "Antony and Cleopatra" is "Never get involved in Middle Eastern affairs." Beyond taking a class picture ringed around Mr. Bush's bizarrely empty desk - a mesmerizing blend of "Sunset Boulevard," "The Last Supper" and a "Sopranos" ad - the former secretaries of state and defense had to make the most of their brief colloquy with W. The spectral Robert McNamara might have enlightened on Vietnam: "Didn't understand the culture. Misjudged the opposition. Didn't know when to get out." If he was a fast talker, he could have added: "It's the dominoes. If Iraq falls, then Syria falls, then Lebanon falls, and before you know it, all of Southeast Asia - I mean, the Middle East - will fall." Melvin Laird only needed to add: "Ditto." Al Haig's summation would have been a cinch: "I resign. I'm in charge here. I resign - again." Instead of his good-soldier silence, Colin Powell could have redeemed himself with four words: "I should have resigned." Madeleine Albright might have succinctly imparted some wisdom from Somalia and Rwanda: "Didn't understand the culture. Misjudged the threat. Didn't know when to get in." James Baker, Svengali and Sphinx, must have been thinking: "I told your dad not to let you in here. I could tell you how to get of Iraq in 10 minutes, but you're too under the sway of that nutball Cheney to listen." George Shultz only needed to say: "I have a tiger tattooed on my fanny," and Lawrence Eagleburger could have abridged his thoughts to "I need a smoke. Bad." It may seem disturbing at first, that with several hundreds of years' worth of foreign policy at his elbows, and a bloody, thorny mess in Iraq, Mr. Bush would devote mere moments to letting some fresh air into his House of Pain. Sure, he has A.D.D. But he just spent six straight days mountain-biking and brush clearing in Crawford. He couldn't devote 60 minutes to getting our kids home rather than just a few for a "Message: I Care" photo-op faking sincerity? "We all went into the bubble and came out," one of the wise men noted. Mr. Eagleburger explained their role as props, saying it was hard to volubly express yourself with a president. "There was some criticism, but it was basically 'You haven't talked to the American people enough.' " Lighting a cigarette on the way out - he'd thrown one in the bushes on the way in - he added the world-weary coda: "We're all has-beens anyway." Mr. Eagleburger knows the truth. If W. had wanted to really reach out, rather than just pretend to reach out so that his poll numbers would go up, he would have sought advice outside his warped inner circle long ago - including from his own father. Because W.'s mind is so closed to anybody except yes-men who tell him his policies and wars are slam-dunks, uneasy seasoned mandarins are forced to make a noisy stink. Brent Scowcroft, one of Bush Senior's closest friends, had to resort to the pages of The New Yorker to voice his objections. He ominously said Dick Cheney, his old colleague, was someone he no longer recognized. You wonder whether the other contemporaries of Cheney and Rummy from Ford, Reagan and Bush I days were thinking the same thing at Thursday's meeting: Why have these guys gone so kooky? W. is drunk on Cheney Kool-Aid. So he got testy when Ms. Albright pointed out that North Korea and Iran were going nuclear while the U.S. was bogged down in Baghdad. Then, after a quick photo in the Oval, he shooed the old-timers out, letting anyone who wanted to stay talk to the security factotum Stephen Hadley. Still busy spreading fog over the war, W., Cheney, Rummy and Condi had no time to hear McNamara expound on the fog of war. In the picture, as Ms. Albright cringes, Mr. McNamara looks haunted, unable to escape second-guessing over Vietnam. The only thing that would have made the photo even more utterly phony was the presence of that vintage warmonger, Henry the K. Topplebush.com |