Iraq War Czar Considers a Draft

CNN reports that Iraq war czar General Lute said that restoring a military draft should be considered as an option to provide enough troops to maintain the US military's ability to fight the Iraq war.

I think we need a draft. Too much is being asked of our all volunteer Army. Bush and Cheney, two draft dodgers, would never propose to restore the draft, although their war is the reason we need to do so. They are perfectly happy to destroy the Army, for which they have no respect, and let their successor figure out how to defend the US. We need to start planning for the future now, and the all volunteer Army won't meet the needs of the future unless we get out of Iraq now and let it start recuperating.

Insider Trading Common on Wall Street

The Financial Times did a study that showed that insider trading is common on Wall Street. This should be no surprise, given that Wall Street is populated by greedy, dishonest people. I was already mad with Wall Street because of its disregard for the war in Iraq. The Dow Jones index went through the roof as more and more Americans and Iraqis died in the war. Wall Street didn't care although to hear George Bush tell it, we went to war for Wall Street, because of the 9/11 attacks, despite the fact that smarter people have found no connection between Saddam Hussein's Iraq and the 9/11 attacks. The attacks on the World Trade center were directed at the US financial district. Since we can't find Osama bin Laden, we don't know exactly why, but part of the the reason was probably to make a high visibility attack that would get the world's attention, and part of it was probably because of the large role played by Jews in America's financial district.

In any case, the Financial Times study tends to reinforce the negative impression of Wall Street. The violent fluctuations currently going on in the market no doubt allow savvy traders, maybe not doing anything illegal, but just using their intimate knowledge of how trades are made these days by computer programs, to make money when the market goes up or down. Add to this the fact that many staffers, high and low, in banks and brokerages are aware of merger and acquisition (M&A) activity, and can probably do some small trades using their inside knowledge that will not show up on the SEC's radar screen, but may show up on the overall statistical study done by the Financial Times.

Cowardly Democrats

Caving in to President Bush on the warrantless wiretapping law was total cowardice on the part of Democrats. Bush threatened to hold them in session unless they passed his law. They had the same choice the Iraqi Congress had -- work for national security or go on vacation during the month of August. The US and Iraqi Congresses chose to go on vacation, rather than try to better their countries.

Bush is worthless, but the Democrats are also worthless. I guess politicians are worthless. I'm particularly surprised that Diane Feinstein, Jim Webb, and my Democratic Senator Ken Salazar voted for the bill.

The bill may be okay, but it may not be. The quick vote was unseemly and showed that the Congress wanted to go on vacation more than it wanted to protect the US. Yesterday, two people debated the law on PBS and they had diametrically different ideas of what the bill actually said, much less what it meant.

Unoptimistic about Middle East

Condi Rice is doing her thing, supposedly bringing peace the Middle East, but I don't believe it. She's not a terrible Secretary of State, but she is not a good one either. She parades around and says the right things, but she doesn't back them up. She doesn't fight for anything. Christopher Hill got the North Korean nuclear agreement. She did support him, which is more than Colin Powell did on the issue. She was probably able to support him only because she got rid of John Bolton at State, and Don Rumsfeld and his allies were gone from Defense. Nick Burns negotiated the Indian nuclear deal, but that was much less successful than the North Korean one. The Indian deal is more likely to undermine US security than to improve it, because it undermines the whole nuclear non-proliferation regime by rewarding one of the holdouts of the regime.

While her subordinates have been out doing things, Condi has been giving interviews and making appearances around the world. But she is not going to make any tough decisions. Any progress in the Middle East will require getting Israel to make some sacrifices, and she won't do that because she and Bush won't, or don't want to, stand up to the Israel lobby, AIPAC and company. Thus, her initiative is doomed from the start.

The idea of shoring up Abbas and Fatah is unlikely to lead anywhere. Fatah meant something when Arafat headed it. The Israelis assassinated Arafat, and I think they will live to regret it. The Israelis may not have assassinated Arafat by actually killing him, although they may have. The reasons for his death given by the French hospital where he was treated were never very clear; he could have died from some virus or poison wafted into his ramshackle headquarters by Israel. Or he may have died simply because of the squalid conditions that Israel forced him to live in. In any case, he was a leader of the Palestinians who could actually follow through on promises he made. Abbas does not have they power. He is a puppet of Israel and the US and is perceived as such by the Palestinians and other Arab and Muslim states. The US money and weapons given to Fatah may help him stay in power, but it won't help him bring peace to the region. It would take a leader with more power than Abbas to do that.