Nov 28
Topic: East Asia, War on Terror|
Perhaps you are burned out from the 24/7 coverage of the assault on Mumbai but here is a great overview of the incident with more details than you would ordinarily get from the main stream media.
Analysis: Mumbai attack differs from past terror strikes
By Bill Roggio
November 28, 2008 12:31 AM
Almost two days after terrorists attacked the Indian financial hub of Mumbai, the military is still working to root out the remnants of the assault teams at two hotels and a Jewish center. More than 125 people, including six foreigners, have been killed and 327 more have been wounded. The number is expected to go up, as Indian commandos have recovered an additional 30 dead at the Taj Mahal hotel as fighting has resumed.
The Mumbai attack is unique from past terror strikes carried out by Islamic terrorists. Instead of one or more bombings at distinct sites, the Mumbai attackers struck throughout the city using military tactics. Instead of one or more bombings carried out over a short period of time, Mumbai I entering its third day of crisis.
An attack of this nature cannot be thrown together overnight. It requires planned, scouting, financing, training, and a support network to aid the fighters. Initial reports indicate the attacks originated from Pakistan, the hub of jihadi activity in South Asia. Few local terror groups have the capacity to pull of an attack such as this.
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Mar 02
Topic: Democrat Politics, East Asia, Politics, Western Hemisphere|
Bear Hug
Russia will soon have a new president. Dmitry Medvedev was hand chosen by Vladimir Putin to succeed him. In state elections today Medvedev will win in a landslide. Putin is popular in Russia these days largely due to the fact that the economy in the previously communist state is improving; some say booming. But don’t conclude Medvedev won fair and square.
There were several options on the ballot but Putin’s control of the government meant access to information on these other candidates was severely limited in most cases and outright restricted in others. The one man most known in the west, Gary Kasparov the chess champion, was denied inclusion on the ballot and is one of the key opposition leaders who has called the election a “farce”. Assemblies have often been broken up by law enforcement officials within Russia and the media is run by the state and thus is pro-Putin. To watch a documentary highlighting these issues click here. Putin will be named Prime Minister and retain his authority from behind the scenes. Russia continues to struggle with letting go of authoritative government some 16 years after the passing of the Soviet Union.
Tunnel Politics
Tuesday is being called by some Super Tuesday light. With Ohio and Texas on the primary schedule both Hillary and Barack are campaigning this weekend with different goals. Senator Clinton is campaigning to hang on to any hopes of continuing the race. Many say she has to win both to remain viable, others say she must win by double digits to appear credible. The latter is highly unlikely. Senator Obama is campaigning to end the primary.
A win by him in either Texas or Ohio will send his opponent “to the showers”. If he manages to win both it will bring down the curtains for sure. The Obama campaign has learned a valuable lesson from the Kerry campaign of four years ago. Whenever there is an attack from either Clinton or McCain, they waste no time in returning fire; sometimes in a matter of hours. They understand the power of the “swiftboat” and it appears, like in the famous line in Jaws, that his opponent are going to need a bigger boat.
Cold War Hangover
Recently President Bush singled out Obama’s naivete in foreign affairs by blasting his suggestion that as US president, the Illinois Senator would meet with the newly appointed leader of Cuba, Raul Castro.
Bush claimed that such a meeting would give credence to the authoritarian regime. I am so sick of this administration’s callous disregard for precedents and a strange neglect of history. When Republican President Richard Nixon visited China, a move seen as one of his few achievements, China was one of the most authoritarian nations on the planet. Look at Chinese-American relations now. Granted the economic policy highly favors China and that needs to change but China has moved beyond their insular foreign policy and has begun a new movement of openness that will not be reversed. After Senators Kerry and McCain pressed the President to normalize relations with Vietnam in 1995, trade restrictions were lifted and in 2000 President Clinton became the first US President to visit the nation since the war ended. (President Nixon actually visited the Vietnam while still at war in 1969). The communist state has followed China’s lead and they have allowed free trade to flourish in this once closed country. And now there is debate over Cuba. Is there anyone who does not doubt the same result we have seen in the communist nations of China and Vietnam will also ensue in Cuba? It is time to return Cuba to the paradise it was in the 1940s. Resuming ties with the island nation will bring their society closer to ours, not vice versa.
Feb 27
Topic: East Asia, Economics, Trade|
The free world community made a big mistake when they agreed without reservation to allow Beijing to hold the 2008 summer games. If China wishes to be an equal economic partner they must play fair. China’s currency is artificially deflated to the tune of 40%. The reality is China’s fiscal policy is not only hurting the United States, the European Community is also deeply affected by it. In 2006, the EU imported 191 billion Euros from China and exported 63 billion Euros and the deficit is trending upward. Not only is China undervaluing its currency but they are also pursuing protectionist policies to prevent foreign nations from selling certain products within China. The current dilemma, however, is how to go about punishing China for practicing unfair trade. The logical solution would be to simply place a tariff on imported Chinese goods, say 40%, which would decline in kind with the revaluation of the Yuan.
The problem is many Western companies have moved their factories overseas to take advantage of kinder profit margins. To impose a tariff would hurt these companies. So what, you say. They are traitors anyway, right? Well, many Americans own these companies’ stocks and such punitive measures would cause a ripple through the market. Even if we were prepared to aggressively go after the unequal trade situation, lobby groups would push back hard against such laws. The one area where the West could start to show how serious we are about the situation would have been to stop the Olympics from going to China until fair trade was a reality. Too late now. As we continue to hoard goods on our walls, in our kitchen cabinets, on our feet and in our clothes closet it should not be lost that most carry the label “made in China”. There is no doubt the movement of manufacturing jobs began with adjustment by Walmart to go from their famous slogan of the early 1980s “Made in America” to one in which nearly every product sold there today is made in China. Some say the natural byproduct of globalization is the transfer of manufacturing jobs. I’m fine with that as long as everyone is playing by the same rules.
For a good analysis of Walmart’s role in the loss of manufacturing jobs watch PBS’ Frontline special online: Is Walmart Good For America?
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