Wednesday, August 13, 2008

Republicans Hate America

CNN reports that the US is using contractors in Iraq more than any previous administration in any previous war. It's because Republicans don't like the government, and they love to give money to their political contributors, like Halliburton. But it you hate the government, you hate the basis on which the country was founded. Republicans would prefer that their wars be fought by Blackwater, paying over $100,000 per combatant, rather than by the US military, who would be $30,000-$50,000 per combatant And the people getting $100,000+ would be firmly Republican.

Republicans will fight for money, but not for the flag. When a country relies on mercenaries to defend itself, it's on shaky ground.

Monday, August 11, 2008

What's Up Between Russia and Georgia

No doubt what Russia did in fighting Georgia was bad, but to offset the hue and cry of "Let's go to war against Russia to save Georgia," remember the following:

-- Georgia started the war by sending troops into South Ossetia, which admittedly is part of Georgia, but there was no shooting until Georgian troops started shooting;

-- In spite of George Bush's professed love for Vladimir Putin, he has stuck his finger in Putin's eye on numerous occasions, such as:
-- Abrogating the ABM treaty with Moscow,
-- Encouraging former Soviet states to join NATO, including Georgia,
-- Encouraging pro-Western, anti-Russian, political movements in former Soviet states, such as the failed Orange Revolution in Ukraine,
-- Forcing the separation of Kosovo from Serbia, viewed as an insult by the (pro-Russian) Slavs,
-- Proposing to install ABM systems in Poland and the Czech Republic.

Arguably, Bush never liked or trusted Putin and the Russians and thus he decided to make hay while the sun was shining on the US, encouraging more and more former Soviet citizens to be pro-West and anti-Russian. The question is, did these anti-Russian policies produce the current Russian belligerence, or was Russia going to do this in any case? I think Russia's belligerence is due at least in part to the anti-Russian policies pursued by the US. If Condi Rice had managed her Russian portfolio better the world might be a safer place today. But there is the argument that Russia was always evil and that Condi was right to continue the cold war policies she grew up with.

Pickens Looking for Government Handout

Just to follow up on my previous blog, an article in the Denver Post points out that Boone Pickens is counting on government subsidies for his share of the natural gas part of his wind/gas energy plan. Like every other businessman he's looking for corporate welfare.

Saturday, August 02, 2008

Fannie Mae and Freddie Mac

The turmoil around Fannie Mae and Freddie Mac is emblematic of the greed and corruption that permeate the American government and business community. If we were to let the Republicans' beloved free market system operate normally, their likely failure could destroy the national or possibly the world economy. So, in the short term a bailout is probably necessary. But Harvard's Larry Summers summed up the situation in an interview the other day saying that we may privatize Fannie's gains and socialize its losses, transferring the losses to the taxpayer. Of course, because the Republicans do not pay taxes, the actual losses will be transferred to our children and grandchildren. But we'll take care of them by letting inflation run wild, so that a trillion dollars will be nothing to them, just like it is in Zimbabwe's currency.

It's interesting that when the legislation dealing with the mortgage/housing crisis starting moving through Congress, it dealt mainly with a bailout for people who were being foreclosed, but when it finally passed the big winners were the financiers on Wall Street, in the form of the Fannie and Freddie bailout. The financiers get trillions, the homeowners only get billions.