Hello CB, mid-term election time soon, and time for a ping.
Do you have a feel for whether anything will actually change, either for the better or worse?
Now, the ping :0)
According to AP, the US electorates, via Bush, Cheney, Rummsy, and Rice, seem to have out done the Soviets and ChiCom in so far as news.yahoo.com mistreating apparently quite ordinary folks while under the international spotlight, practiced with unscientific method and without legal process other than the one that says Bush is above the law; and worst of all, all to no gainful effect, due to comic incompetence at even the simple task of anti-terror through fear.
Theoretically, the precious system of one person one vote politics can break down big time, on the slim margin of 1 ignorant % piled on top of 50 ignorant percents, arrayed against 49 incompetent percents, and giving power to the definitely unfit but apparently faithful.
The forced introduction of such a system to the Iraqis can push a material % of the electorates to wish and work for an alignment with the Iranians, who I gathered, from you, is intent on destroying the world as we know it.
What's the Bush/Cheney/Rummy/Rice game plan, if they actually have one?
China is trying a different tact to win hearts and minds, and its private citizens are organizing to send a variety of delegations to visit about 17 Islamic nations, bringing a message of peace, friendship and mutual respect, making sure no twits gets in on the press conferences and shouts gibberish. The initiatives will presumably result in two-way investments and further enhancing trade and culture exchange, taking up where the Silk Road left off, strengthening the networks and reducing the Gap per Thomas Barnett.
Did you know Saudi Arabia now exports more oil to China than anywhere else? Iran is not far behind, especially if Japan chooses to toe the Bush line.
There appears to be moves to enhance the Saudi USD recycling, not back to USD homeland, but to China, where USD is already flooding. Since Japan does not require FDI, the USD paid by Japan to Iran will, more and more, also flow to China. A strange state of affairs between the USA, Japan and China.
I do not understand the game plan of strategic competition that was the neocon wish first up. The plan seems to be on hold or working in reverse or not working at all. Doesn't matter, for that plan would not have worked anyway, because history cannot be stopped and it certainly does not end, Fukuyama not withstanding.
In the meantime, nothing to be concerned about, for the game will result in some good short term outcomes - keeping USA mortgages low; since it doesn't matter how many changes of hands of USD goes through, it all eventually end up back in US T-bills, resulting in the shutdown of Ford's and opening of Starbucks, and boost China's forex reserve by another trillion (at 5% annual interest, that is an amazing amount of interest moolah flowing about, and assuming 60% allocation of the hoard to the homeland space, a lot of your tax dollars).
Problem: boycotting China product on the one hand but paying China interest on the other seem twisted.
Problem 2: not paying the interest would drive the whole of NYSE offshore, joining the manufacturers.
Solution: stop fiat money inflation, so that thrift can return and old fashioned values can again rule.
Steps toward Solution: accumulate gold.
While we are waiting, we must stay calm worldmarket.blogspot.com
Concentrate . . . feel the Force flow ...
Through the Force, things you will see.
. . . Yoda-ish
Chugs, J
BTW, The Chinese leaders now use the term "inner-Party democracy" to publicly embrace the idea that the CCP should institutionalize the checks and balances within its leadership. As they say, a journey of 10k miles starts with one step. |
