Tuesday, October 23, 2012
The Final Debate of 2012
While there was a brief entanglement on China, there was very little discussion of foreign policy outside of the Middle East. I do agree that the unstable nature of the Middle East poses a threat to World Peace, there is a lot more going on that the next President of the United States will need to address. Namely the economy.
The United States makes up 5% of the world population yet we consume nearly 35% of the worlds goods and resources. Countries like Russia, India, Brazil and China are seeing their middle class exploding as we did back in the 50's. Combine that will a United States economy that is slowing to a growth rate of 1.3%, our government needs to assist businesses located here in trade abroad. I know many of you are wondering how can a small government person look to the Federal government to assist business in trade outside of the United States.
It is simple. The role of the Federal government is to be that buffer in trade with foreign nations along with providing a solid infrastructure, security of private property, and settle disputes between the States. Outside of that, the Federal government needs to step out of the way and allow the States to deal with other issues of the day. But I digress.
A number of polling done after the debate has President Obama beating Governor Romney but as the commentary went along the question rose - Will the performance move the needle back to President Obama as Governor Romney had gain a lot of momentum from the first debate?
With two weeks left we will find out the answer to that question. The other observation from last night's debate was the masterful pivot that Governor Romney made from the extreme Right wing aspect of his base to the center. The pivot is similar to the one that Governor Clinton made during his campaign against President Bush. Two weeks to go and it will be interesting to see where the money is being spent and the places the candidates visit.
To those that live in states that will are already decided, when you go to the poll to vote find another candidate other than the major two to cast your die for that more closely aligns with your ideals. By doing this you will potentially give that third or fourth party increased status and we may just be able to end the gridlock in Washington D.C.
Tuesday, June 1, 2010
China continues to defend North Korea
China, South Korea and Japan just wrapped up a two-day summit to which they discussed North Korea and the sinking of South Korean ship called Cheonan. The hope of South Korean President Lee Myung-bak and Japanese Prime Minister Yukio Hatoyama that Chinese Prime Minister Wen Jiabao would approve more sanctions on North Korea but that did not happen. Prime Minister Jiabao did say, "Most urgent is to dispel the impact of the Cheonan incident, gradually ease tension and especially avoid a clash." North Korean leader Kim Jong Il strongly believes that the sinking of the Cheonan was the collaboration of South Korea and United State governments to pressure China into imposing further sanctions on North Korea. Why does China continue to safeguard Kim Jong Il?
In 2008 trade between China and North Korea totaled $2.79 billion which was up 41.3 percent from 2007. CFR Senior Fellow Adam Segal stated, "The idea that the Chinese would turn their backs on the North Koreans is clearly wrong" (http://www.cfr.org/publication/11097/chinanorth_korea_relationship.html). To which Selig S. Harrison, Asia program director at the Center for International Policy, stated, the Chinese are "doing just what they have to do and no more" in terms of punishing North Korea (http://www.cfr.org/publication/11097/chinanorth_korea_relationship.html). Even though Pyongyang is heavily dependent on exports of food and energy from China many feel that North Korea understands that serves a greater good for China because they provide a buffer zone. The buffer zone North Korea provides is between China's northeastern border and the democratically led South Korea. By not having to deploy troops to their northeastern boarder, China can focus their military might to dealing with Taiwan's quest for independence.
Combining the economic and buffer zone one can understand why China allows North Korea's antics of nuclear missile testing and defiance of responsibility of the sinking of Cheonan. Kim Jong Il understands that North Korea does aide China thus does not fear sanctions. As Harrison pointed out, see above, China will only do so much as they are heavily invested in the relationship with North Korea. For countries, like the United States, to attempt to impose sanctions or influence onto China to reign in North Korea is no more right than China demanding that the United States allow amnesty for all Mexican illegal immigrants that live within the United States. Do we need to be aware of what is taking place in North Korea? Yes. An unstable Korean peninsula does nothing but create trouble for the Western world. That being said, the Western World has little ground to stand on by demanding that China impose further sanctions on North Korea that puts their $2.79 billion trade in jeopardy.
Saturday, March 27, 2010
Debt rises to incredible heights yet Americans are blind
This morning I am reading Star Tribune and various other news sites I follow when I came across this headline: CBO report: Debt will rise to 90% of GDP (http://www.washingtontimes.com/news/2010/mar/26/cbos-2020-vision-debt-will-rise-to-90-of-gdp/) in the Washington Times. The headline enough raised my ire and should every American. Now, I have been railed against for my push of smaller government, more freedom and lower taxes platform. I hope this article puts things in perspective for those that believe I am "chicken little" on the size and scope of government.
The article notes that the Federal public debt when Obama took office was $6.3 trillion or $56,000 per household. That number has expanded to $8.2 trillion or $72,000 per household today. The CBO estimates that by 2020 we are on path to reach a debt of $20.3 trillion or $170,000 per household. I understand and acknowledge that Republicans, especially under Bush, lost their fiscal conservative way which lead to the historic election of Barack Obama. I recall last year when the unemployment rate hit 10% Vice President Biden noted that the Obama administration did not realize how bad the economy was and their numbers were off.
James Horney, a federal-budget analyst at the liberal Center on Budget and Policy Priorities, said, " The biggest part of the deficit difference [between the Obama's administration and CBO numbers] is lower tax revenue due to the different economic assumptions." Horney is correct that the Obama administration has a rosary outlook but it is that thinking that tripped them up last year as unemployment surpassed 10%. We need to get Americans back to work and being productive. Too many of our manufacturing jobs are being outsourced and due to our mounting debt America is put in a conundrum. The conundrum is protecting America jobs while not alienating our ATM; China.
Sure the Fed could print money hand over fist but that will only lead to inflation and a deeper recession. So how do we jump start the economy and reverse the trend this article warns? To start we need to demand that our government go on a diet and that Americans be held accountable for their actions. Right now Obama is proposing incentives that will encourage banks to rework mortgages that are underwater for those that are unemployed. This new incentive will create more debt for taxpayers and further our co-dependence on Government solutions. It is unfortunate that people are losing their jobs and making the house payment is tough but that does not mean the government is the answer.
When will Americans realize that entitlements, cash for clunkers, tax credits and health care reform legislation are only hurting the future of America? We need to wake up and demand that government shrink and allow the private sector be allowed to work. We need to demand that more States Attorney General join the fight for State Rights against the growing tyranny of the Federal Government. Obama did not start us down that road but he is standing on the accelerator with both feet.
Friday, November 20, 2009
Beware of China’s Role in the Health Care Debate
Americans stay on your toes this weekend as the Democrats in the Senate look to vote this Saturday to bring Sen. Reid's health care reform bill to the floor for debate. In order to open debate, on the bill, the Senate will need 60 votes to bring the bill to the floor. Republicans are looking to stall the process by requiring the bill be read word-for-word which is something typically motioned waived and accepted without objection. Normally I agree with dispensing of the reading but in this case it is extremely important that the entire bill be read. By reading the entire bill, Americans can be assured that our elected officials are not voting, again (Stimulus Bill), without reading the bill in its entirety. Per Senate rules all bills are to be read three times on three separate legislative days. Reading the bill once is sufficient and I hope that Republicans do not use this procedure to delay a vote.
The CBO scored the Senate bill and put the price tag at $849B over ten years. The Senate version, according to the CBO, would reduce the deficit by $127B. The CBO report can be seen here: http://cbo.gov/ftpdocs/107xx/doc10731/Reid_letter_11_18_09.pdf. Part of the scoring includes the belief that 1/3rd of States will opt-out of the program and the start of the public option is push backed to 2015. A few concerns here: 1. What if no States opt-out? 2. If reform is needed, why are we waiting until 2015?
I understand that if a public option is passed and a Health Benefits Advisory Committee is established it will take time to iron the red tape out but 6 years? Do our elected officials believe that we are naïve and stupid? I think so. During those six years it will give the government an opportunity to tie the public option, Medicare, and Medicaid to the States in a manner that if they opt-out it will cost them Federal funds much in the same manner the transit dollars were tied to the lowering of the DWI limit, speed limit, and drinking age. The States need to learn, and the citizens of those States, that we cannot continue to allow the growing beast in Washington D.C. to exert so much power over our lives. Thomas Jefferson sums it up best, "Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Concerns are already being raised by Governors over the Senate health care bill because it will shift responsibility to paying for the expansion of Medicare and Medicaid onto the States. My hope is that the States will now finally use this abuse of Federal power to exert their 10th Amendment rights. The trouble is that too many States have become drunk on the Federal tit and may not be sober enough to fight for their rights. Granted we are the United States but our Founding Fathers wrestled with the concept of a central government leading to tyranny. In just over 200 years we have seen the central government of the United States grow in power and stature.
We hope that all elected officials are looking out for the best of all Americans but let's face it, what is good for California may not be applicable for Minnesota and vice versa. Government ought to be local. The role of our Federal Government is a growing beast that must be tamed before it consumes us all and ruins the great land we have all come to cherish. The mounting debt and unchecked actions by the Federal Reserve already have our biggest benefactor worried about repayment of debt. China is not looking favorably on the actions of the United States and is looking to replace the American dollar as the standard world currency.
The health care reform being proposed by Congress will only exasperate the problem. We can achieve reform without $900B bills. The Federal Government needs to be reminded of their limited role and I hope citizens of the different States realized that too. More is at stake than reform of the health care system with the two bills floating through Washington D.C. Our future as a country rides on the shoulders of our States to exert the power granted them in the United States Constitution to stand up the tyranny of central government that resides in Washington D.C. Or fear the wrath of the debt collector.
Whether you agree or disagree with actions being taken on health care reform be wise to the beast that grows in Washington D.C. Be wise to the mounting debt and the day of reckoning when the debt collector comes calling. It is not too late to stem the tide. Call your local representatives and Governors to lit the fire of defending the 10th Amendment and reclaim what is rightfully the States.