Middle East On Edge…And, How To Fix America’s Lost Prosperity

Posted By on October 17, 2011

Some fresh perspectives from Gene Inger….Security wise the giant U.S. Air Force’s supply and logistics’ exercise in the Middle East is an early ‘stronger’ initiative from Leon Pannetta (our new Defense Secretary).

And, as to the demonstrations around the country,  the key to prosperity: a) bring back American industry (‘buy Made in the U.S.A.’ does make sense); b) realize that China no longer for larger items is so cost advantageous a manufacturer, and create incentives to move those factories back home like Whirlpool’s doing and c) discover that aside Mr. Bernanke, nobody really believes in Keynes that much (he’s still dead and can’t explain as I am what he didn’t intend for debtor nations), and that even Roosevelt wasn’t the first Keynesian President; he was simply desperate (as is Obama) to throw anything at the Depression; and was thus inclined to try that too (lots of other stuff concurrently had mediocre worth, as did Keynesian economics, prior to the buildup ahead of World War II).

10-17-2011

Geopolitics

And when you hear this week, of the giant USAF ‘supply and logistics’ exercise in the Middle East, with C-17’s and giant C-5’s, bringing troops and gear to test ‘quick landing and takeoff’ deployments to both Israel and Saudi Arabia, you’ll not be intended to know whether that’s really an exercise or a rapid build-up in some sort of ‘cover’, in-event of the kind of Iranian challenge we addressed.

It should be noted that just today the UN stated the nuclear inspectors reports are ‘classified’. That’s as the U.S. is contemplating pressing for their release as reports suggest they ‘prove’ Iran has been working on nuclear triggers and the nose-cones for missiles as well as highly processed Uranium which could give the Iranians a ‘quick’ nuclear weapon for (rumored) testing in North Korea (well that’s better than targeting a City of millions on the Mediterranean).

Speaking of the Med; the U.S. (one way or another) isn’t going to let Iran shift their small fleets (with aspirations of carriers believe it or not) into the Atlantic; as they have been good enough to threaten us with that, so we woke up a bit. That may be why the rumored ‘green-light’ to Israeli to ‘engage’ any of Iran’s warships that intrude in the Med, or even in the Red Sea / Gulf of Aden. That Israel has NOT acquiesced to this request reflects both a concern of triggering a wider conflict, and wondering if Washington ‘really’ would back them totally. I call this to your attention because this is an early ‘stronger’ initiative from Leon Pannetta (our new Defense Secretary) that has pointed Obama towards reality a bit more; and a little muscle-flexing, which is the only thing Iran understands.

Revolution?

The main story that may be sobering is the re-emergence of an old concept as always appeals to the least educated; never succeeds; but fails to strike a true middle ground, that does make some sense. That’s: ‘redistribution of wealth’.

Shakespeare may have said ‘what fools these mortals be’;but it’s the Fed that embraced Keynsian economic theory in an economic climate where even (as oft-noted) Keynes said it wouldn’t work; and incredibly they haven’t admitted it. The failure to come-to-grips with that reality would be laughable if not so tragic.

You need leaders to say to the players in this revolution: there are bad banks; but not all bankers are bad. You need leaders to point out that while there sure is greed, and bankers paying themselves salaries and bonuses exponentially higher than their own industries of just a few years ago (without justification as they recovered with taxpayer funds), this doesn’t make the system bad; just a defective series of regulatory oversights, political missteps (like Clinton signing off on repeal of Glass-Steagall, his big mistake; while he balanced the Budget; excellent at the same time), and not a call for yet more levels of Government regulation (it is sufficient to simply have the old rules enforced with adequate oversight). The piecemeal way this is being handled is overly complex, and at the same time looks a bit punitive because of the banks being bloated by the Government capital injections of 2008; so now they try to bleed-off that bloat.

That nobody is saying this promotes the prophets of doom, and limits profits in the markets going forward. Again; a failure to espouse centrist compromises in a world of polarized agendas. Actually, the mainstream of the protestors (that’s not all of them of course) are just asking for what we all want: ‘fairness’. Many, of course, saddled with student loans (which are never forgiven), and jobless prospects for now, are more centrist than our leaders; considering their often very real personal financial pressures. The leaders? They tread lightly in fear of which way the demonstrators might ‘trend’; not knowing that’s how protest of reasonable arguments risks becoming ‘a revolution’. Only in Los Angeles was it ‘let them eat cake’, where the LAPD provided supplies to the demonstrators; who generally cheered them as ‘part of the 99% too’. Four years ago we said this would lead to ‘societal discord’ along the way of the forecast ‘epic debacle’, and sadly it has. And in the U.S. at least, the protest becomes a political force in its own rights; that’s why channeling it and the Tea Party to understand ‘real politik’ and not fringe ideas, becomes ever-increasingly paramount this year. 

None of these ‘sides’ of the arguments attack the key to prosperity: a) bring back American industry (‘buy Made in the U.S.A.’ does make sense); b) realize that China no longer for larger items is so cost advantageous a manufacturer, and create incentives to move those factories back home like Whirlpool’s doing and c) discover that aside Mr. Bernanke, nobody really believes in Keynes that much (he’s still dead and can’t explain as I am what he didn’t intend for debtor nations), and that even Roosevelt wasn’t the first Keynesian President; he was simply desperate (as is Obama) to throw anything at the Depression; and was thus inclined to try that too (lots of other stuff concurrently had mediocre worth, as did Keynesian economics, prior to the buildup ahead of World War II).

Gene Inger

www.ingerletter.com

About the author

Comments

27 Responses to “Middle East On Edge…And, How To Fix America’s Lost Prosperity”

  1. Sausalito Ferry Schedule

    I feel this is among the such a lot important information for me. And i am glad studying your article. However wanna statement on few general issues, The web site taste is wonderful, the articles is truly great : D. Just right process, cheers|

  2. Trackback

    […]I am now not sure where you are getting your info, however good topic.[…]

  3. Find more there:

    […]Wow, wonderful blog layout! How long have you been blogging for?[…]

  4. free ebooks says:

    …Awesome website

    […]Wow, incredible weblog format! How lengthy have you ever been running a blog for?[…]

  5. …Additional Information ca be found here

    […]You have made some good points there. I checked on the internet for more information about the issue and found most individuals will go along with your views on this website.[…]

  6. …A Friend recommended your blog

    […]I am not positive the place you’re getting your information, but great topic.[…]

  7. …Recommended websites

    […] What web host are you using? Can I get affiliate hyperlink in your host? I want site loaded up as quickly as yours lol[…]

  8. Look there for more:

    […]The entire glance of your web site is wonderful, let well as the content![…]

  9. Congratulations! Your new commission account can now have up to $37,950.00 a month

    I saw this really good post today.

  10. Congratulations! Your new commission account can now have up to $37,950.00 a month

    made over 83 millionaires in the last 9 months

  11. Classic Air Jordan 11

    Shop the latest Air Jordan 1 Sneakers, bestairjordansuscheaps2021 including the Air Jordan 1 Retro High OG and more,Jordan Retro 1 Shoes ,Air Jordan 1 Sneakers OG and Retro Collection | Nike Air Jordan 1 Original Men’s Sneakers for sale.

  12. Off White Shoes

    Air Jordan Release Dates for 2020 & 2021 | bestairjordansuscheaps2021 Jordan Retro Shoes | Air Jordan Retro Sneakers |Air Jordan Retro 4,cheap Air Jordans 4,Nike Air Jordans Retro,Real Jordans Cheap – Retro Cheap Jordans For Sale.

  13. Air Jordans Retro

    Men’s Jordan Sneakers & Basketball Shoes|bestairjordansuscheaps2021 Men’s Jordan Retros | Real Jordans Shoes: Authentic Cheap Jordan Shoes, 50% Off Discount Men’s Shoes,Jordan Shoes : All the shoes to keep you walking in comfort and style !

  14. Nike Running Shoes For Sale

    Cheap Air Jordans Nike Air Jordans Shoes Online Sale bestairjordansuscheaps2021 鈥?Cheap Nike Air Jordans Store Provide You Good Air Jordan Shoes. Include Jordans Retro,50% Off Discount Men’s Shoes,Authentic Air Jordans 5,Cheap Air Jordan 5 Shoes On Sa…

  15. New Nike Shox

    Jordan 1 Sneakers for Men for Sale | bestairjordansuscheaps2021 Shop Men’s Sneakers Jordan Retro 1 Shoes for Men, Women & Kids | Air Jordan 1 | Jordan Retro 1 | Jordans For Sale Online | Jordan Brand Sneakers.

  16. Women Air Jordan Shoes

    Air Jordan Shoes: Air Jordans bestairjordansuscheaps2021 | Retro Jordan | Cheap Jordan,offers the top quality Jordan Shoes and Cheap Jordan Shoes Free Shipping.Real Cheap Jordans, Original 37$ Cheap Jordan Shoes!

  17. Cheap Nike KD Shoes

    Cheap Air Jordans For Sale bestairjordansuscheaps2021 | Cheap Jordan Shoes Online …FAST shipping on ALL our great selection of cheap air jordan retro shoes. New custom air jordan releases,Get the best deals on Jordan Basketball Shoes when you shop th…

  18. Real Jordans On Sale

    Shop bestairjordansuscheaps2021 cheap Nike Lebron James Basketball Shoes Free Shipping. Shop the latest Nike Lebron James Sneakers, including the LeBron 16 ‘Four Horsemen’ and more.Nike LeBron James Basketball Shoes for Men for Sale.

  19. Jordan Shoes For Kids

    Not only bestairjordansuscheaps2021 is the best team in the West playing basketball once again, but LeBron James is apparently debuting his latest signature sneaker,Find great deals on Nike LeBron James Sneakers for Men when you shop the huge selection…

  20. Nike Lebron Shoes

    Air Jordan Release Dates for 2020 & 2021 | bestairjordansuscheaps2021 Jordan Retro Shoes | Air Jordan Retro Sneakers |Air Jordan Retro 4,cheap Air Jordans 4,Nike Air Jordans Retro,Real Jordans Cheap – Retro Cheap Jordans For Sale.

  21. Nike Kobe 11 Shoes

    Air Jordan 3 Sneakers bestairjordansuscheaps2021| Buy and sell Air Jordan 3 shoes at the best price , Jordan Retro 3 Sneakers for Men for Sale | Jordan Brand has premiered a new Air Jordan 3 鈥淏lue Cement,鈥?a color-flipped take on one of the most iconic…

  22. 2020 Women Nike Air Max

    Air Jordan Retro Preview For 2020 -bestairjordansuscheaps2021 latest Air Jordan Retro shoes including the latest Retro Jordan releases like the AJ1s, retros 3, 4, 12, and 13’s.Authentic retro Air Jordan shoes at the best price !

  23. New Jordan Shoes For Kids

    Cheap Jordans for Sale, bestairjordansuscheaps2021 Buy Air Jordan Shoes Online,Cheap Air Jordans for Sale. 2020 Newest Cheap Air Jordan Retro Shoes Up To 50% Off. Real Cheap Air Jordans Retro Sale for Men, Women and Kids. Buy Cheap Authentic Nike Jorda…

  24. Nike LeBron Shoes

    Shop bestairjordansuscheaps2021 cheap Nike Lebron James Basketball Shoes Free Shipping. Shop the latest Nike Lebron James Sneakers, including the LeBron 16 ‘Four Horsemen’ and more.Nike LeBron James Basketball Shoes for Men for Sale.

  25. Cheap 2019 Jordan Shoes

    Not only bestairjordansuscheaps2021 is the best team in the West playing basketball once again, but LeBron James is apparently debuting his latest signature sneaker,Find great deals on Nike LeBron James Sneakers for Men when you shop the huge selection…

  26. ルイ ヴィトンコピー

    Supreme Vanson Letters Cordura Jacket.allbrandsjp2021 シュプリーム(supreme)パーカー新作海外通販 17SS Supreme X Vanson Star Jacket ジャケット 2色 supreme vanson コピー、 supreme パンツ シュプリームヴィトン 財布 レディース コピー、 メンズファッション ブランドコピー,激安 ブランド,シュプリーム ヴィトン.

  27. strength training weight vests

    Weighted Vest is the perfect weight vest for CrossFit style workouts. iamazonsurmountwayweightedvest_2021Crossfit Strength Training Weighted Vests for sale | Use it for running, strength training, CrossFit, you name it! Rave review: “My workouts with…

Leave a Reply

You must be logged in to post a comment.

Copyright © 2021 The Stated Truth