Tag Archives: china military

2 Cents Worth On Life Its Ownself

As long as the politicians keep moving their lips we’ll have something to discuss besides the weather….

The recent lively discussions regarding renewed efforts for more gun control mostly avoid or completely avoid the elephant in the room.   Cuomo talks about his restrictions complying with the 2nd Amendment rights of hunters as though hunting was what those folks had in mind with the Amendment was approved.  Not true.  Also so many proponent talk about the abuse of that Amendment or that it leads to abuse.  True that does occur but, my Lord, how many abuses of the 1st Amendment right of freedom of the Press do we have to endure every day?   Some severely challenge our trust in that Amendment right but we stick by it.  Those who use and abuse the 1st Amendment don’t have to explain or justify their use of that right and that is as it should be.  Same should be true for the 2nd Amendment.  I don’t need to justify to anyone for any reason why I wish to exercise my right to own a gun or guns.   Fact is that the most important reason for the citizens to have guns is to let the Government know we do have them and can use them if the Government over reaches or tries to rule in a tyrannical manner.  Yes, the Government should always take pause that a free people can only be pushed so far.   That is the unspoken raison d’etre behind the 2nd Amendment.

The Germans in the last week or so have announced their intention to repatriate over 374 tons of their gold held and the New York Federal Reserve and the central bank in Paris.   I have no special insight into the future price of gold; you can make your own assessment but it is clearly highly valued by even the socialist leaning egg-heads who run the monetary and financial affairs of the Germans.  If gold doesn’t really have any intrinsic value and isn’t a hedge against inflation then what difference could it possibly make where it is stored?   Indeed ask yourself why the Germans have any gold at all if it is of no consequence.    As an aside it is interesting that the New York Fed still stores the physical gold for some many nations around the world.  It is stored in secured bins in the bowels of the building and they literally move the ingots from one cage to another when nation pays nation and such instructions are received.

Japan and China continue their games in the East China sea over those small islands.  Small places can have enormous effects on world affairs.    Look how WWI started in an obscure Balkan nation with the assassination of an obscure prince or archduke.  Most around the world would not have been able to get within a few hundred miles of locating that place or knowing who the archduke was but they certainly learned of the consequences a few months later as the war settled into the trenches from Switzerland to the North Sea.   Japan and China will not go to all out war over those islands but there might well be some shots fired and deaths between the two before all is resolved.   It will be big headlines sometime in the next few years for a while.

Many hate globalization for ideological and social reasons.  They argue that it is capitalism’s way to thwart the ambitions and hopes of the middle class and third world nations.   You have seen their protests in Seattle and other locations over the last decade or so.  Of course some of the greatest beneficiaries and participants in the globalization movement are those paragons of capitalism China and Russia, to say nothing of the socialist European Union.  One factor cannot be denied and that is that globalization whatever its faults, if any, it dramatically reduces the likelihood of another great world war or a war between major powers.  The interconnectedness of globalization makes it very difficult for those large powers to contemplate a major armed conflict.  It could happen of course but the odds have been reduced because regardless of outcome of any future major war even the “winning” side would suffer huge economic loss and its own people would have a much lower standard of living for decades because of the cost and disruption of any such war.

The guy in the White House is either historically challenged or so filled with hubris as to boggle the mind.  That line about “peace in our time” echos such sad mistakes and missteps of the last century.  You recall that Hitler had already invaded the Rhineland and absorbed some of the Czechs and Austria when Neville Chamberlain went to confer with him in Munich.   He negotiated with Hitler without pre condition (like some have proposed with Iran) and even brought back a deal.  That famous quote comes from his remarks after he got off the plane returning to Britain as he waved a piece of paper in his hand saying we have “peace in our time” because of his negotiating skills.   Of course what he and the world got was WWII 18 months later.  He had claimed he could bargain with Herr Hitler.  He showed him respect.   He didn’t say bad things about him.  Chamberlain did all the touchy-feely things some in the Democratic party claim we should be doing with the Muslim world today.    Appeasement is not a winning strategy; it is simply surrender to an opponent just on a more gradual time reference.

The Democrats and press keep harping on the alleged “default” if the debt ceiling isn’t raised.  Well, there wouldn’t need to be a default at all.  The Federal Reserve could simply buy all the Treasury bills and notes as they mature.  The Fed regrettably can print money for any reason it deems appropriate.    Hell, they have bought over 2 trillion dollars worth of mortgages and Treasuries since the guy in the White House took office to fund the deficits of the Federal government.   What’s a few hundred billion more?   Last year the Fed bought 75% of ALL Treasuries issued.   While this would be perfectly legal it is probably more transparency than the Democrats would want; some might start to think long and hard about what the dollar is really worth when they see fake money printed to buy debt to support programs that can’t otherwise be paid for.

Social and economic advice from a strange source–“Call it what you will, incentives are what get people to work harder.”  N. Khrushchev.   Soviet leader of the ‘5o’s and early 60’s.  http://www.olcranky.wordpress.com

 

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2 Cents Worth On Life Its Ownself

We take a back seat to no one including the New York Times or Wal-Mart for our cut-rate prices for opinions gleaned from the tomes of the ancients to the garbage heap of the daily news.

The recent news of the gas line explosion was tragic to be sure but it calls to mind the gas explosion of the New London School in East Texas in the depths of the Depression.  In the mid ’30’s the local school exploded one day with the deaths of over 200 kids.  The entire community was devastated as one can imagine.  This was in the days before they added methane to the gas lines so you could smell the odor and have some warning of a leak.  You can look up the old photos of the event. 

Military power and political goals have worked hand in glove since the dawn of recorded history.  The annals are replete with a big army showing up on someone’s doorstep and then the negotiations begin.  Without a battle the larger force more often than not got its desired object.  Military power doesn’t always have to be used, just visible and credible to serve the political purposes.  Read your Bible for many of these lessons.  With this in mind it is concerning to see the steady buildup of the Chinese military power both its land forces and especially its Naval power and the new missile systems it is deploying.  We are only a couple of decades away from the Chinese exerting influence over the entire Pacific area by the sheer force of its military power and the projection of that power.  Remember we never know for sure what they are spending on their military we only know what the Communist Party wishes to have published.  A real concern for our children.

The recent Turkish vote on their Constitutional amendments put the nail in the coffin for the foreseeable future for entry into the Common Market.  The vote was a victory for the Islamists pure and simple.  The Germans are already very worried about the number of Turks in their land and the influence of Islamists views spreading.  The Germans will not agree to their entry with this tilt to a more radical Islamist governing body.  France is nearly as repelled at the moment so the Turks will turn more to their Muslim neighbors for future development.  Good luck with that.  They missed a historical moment to truly join the modern world with that step back into the dark.

Many on the left in this country wish for more government involvement in our economy and a far larger role for government employment policies.  They want even more people working directly or indirectly for the government.  Big government, big control.  They like it that the slice of the GDP controlled by the Federal government is growing.  Curious that Cuba which has complete control of the economy by central planning is laying off 500,000 workers with the comment that the government payrolls are “bloated”.  And we are following their example?   Guess some believe we are nothing but lemmings who will follow any Pied Piper promising easy money, to mix some metaphors.

Is it just me but is professional football becoming more and more like the WWE?  These celebrations for the most routine of plays is very annoying and completely unsportsmanlike.  Play the game, do your assigned job and then get back to the huddle.  Those tattoos look like a Las Vegas strip gone wild.  Explain those to your grandchildren some day.

From Proverbs to Jefferson it has been noted that debt is slavery.  Is the US on the path to enslaving all its people?  Do the math and you will see the tens of thousands you owe for your share of the public debt, not counting of course the “trust” funds in the Social Security agency.  You didn’t put this on your credit card the politicians did it for you and in your name.  But we elected them.   Lots of us don’t like being enslaved by politicians from all over the country who don’t represent our views.  Why can Sanders and Schumer cause me to go into debt?  I didn’t even vote for or against them and can’t vote them out no matter how much I disagree with their views.   Pelosi and the others keep using my identity to charge on my credit card for things I don’t want.

One of the most peaceful places to spend a summer afternoon is high in the Jemez mountains just west of Los Alamos, New Mexico.  Going north from Santa Fe you take the turn off to Los Alamos.  A visit to the museum is well worth the stop.  Then proceed north and west on the state highway toward Farmington over the Jemez peaks.  A few miles down the road you will come to a very large valley high in the mountains.  Believe me you can’t miss it.  It is about a mile wide and probably three miles long.  It is ringed with the aspen and pine trees and the  mountain tops.  The valley is lush with high grass in the summer months.  The cattle will be chomping it.  You will see the ranch house off on the far side of the valley.  It is peaceful and very beautiful.  It is also very unknown.  It is off the beaten trail of tourists.  It is a wonderful place to spend a few hours and contemplate your life and journey.  You can also fly fish in the stream running down from the mountains into the valley.  If God didn’t make this place then I want to know who is Mother’s Nature’s decorator.

Just like FDR made farmers plow up their crops to increase demand and prices, the cash for clunkers program required that all the autos traded in had to be destroyed.  Of course that made the prices for the reduced number of used cars go up. You and or a friend tried buying one lately?   You tell me if that program on our credit card really helped the economy?  http://www.olcranky.wordpress.com

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