January 17, 2011
1: There are others who do it better.
2: The topic depresses me because there are few options open to us and all are varying levels of grim.
3: There are those few people who can make informed posts on policy.
CDR Salamander is one of the latter and he has a math lesson for us all.
Jack made a good point last week over at USNIBlog,Something’s gotta give. In 2009, the U.S. spent $187 billion (more than China’s defense budget) paying off interest on government debt.
He goes on.
Read the whole thing.
In the late 19th early 20th century when other developing countries were going deep into debt for short term gain, Japan had a pretty simple defense strategy.
"Rich nation=strong army"
This was the slogan of all mainstream political parties there for something like 40 years. Men of great substance and ability like Eiichi Shibusawa were encouraged to be entrepreneurs and helped to bring Japan into the modern era.
Around the turn of the century Argentina developed a rather different policy... which I'll paraphrase with all due malice as "hope and change".
Argentina had many advantages over Japan, being an established republic that was on a par with the USA and only a little behind Europe technologically.
Argentina has never recovered.
Japan became a world power and was quite successful until they went off their trolley in the '30s.
I see many parallels between then and now.
The options we have now, as I said earlier, are quite limited. They will grow more limited as time passes. We MAY have until 2013-14 to regain steering, and turn the ship of state away from the iceberg we are approaching. We are so close and our inertia is so great that we will suffer damage regardless, but as time passes our ability to meaningfully change course, even if we regain full helm control is steadily reduced, until oblivion is inevitable no mater what, so time is of the essence.
Of course, right now we don't have the bridge and have control of only one engine room....so the only thing we can realistically do in the next two years is reduce our speed.
January 04, 2011
Now the reason I bother to link to this when its been on the high traffic blogs already is that it brought to mind this piece from theBlogprof....which contains, amongst much text, video of Ted Rall on MSNBC urging his people to arm themselves for class struggle and making the usual paranoid rants and idiotic associations involving the Tea Party...you know, those scary people who pick up trash, rather than trash the town.
Then there was the snowplow-gate and then this warning that I found going through my tabs before closing down tonight, it warns about the likelihood of European style municipal worker strikes.
If city workers did undermine the snow-clearing effort to protest budget cuts, they may have contributed to the death of a baby girl in Brooklyn, who waited with her 22-year-old mother nine hours for emergency crews to fight their way through the snow-covered streets. A Queens woman watched her elderly mother die as she waited three hours for an ambulance to arrive.
Americans better get used to this treatment.
And then this final tidbit. Francis Fox Piven, (Yes THAT Piven) calling for American leftist to please kill people and break things like their European counterparts.
I like the Tea Party even better all the time.
January 03, 2011
Really informative and not a little scary.
The speech is here and it actually begins at the 9 minute mark, and the facts and figures start around minute 23. It's about an hour and fifteen minutes long but well worth it.
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