Tag Archives: Skripal

Bits and Pieces – 20180916, Sunday

Commentary

Your lesson in socialism for today (2:22 minutes) from the economist Milton Friedman:

If, you were engaged by Friedman and want a bit more, watch this one.

Bits and Pieces – 20180724, Tuesday

Commentary

If you read only one referenced article in this post, make it this one: Trade Deficits And The American Empire. I came to accept the idea of an American empire a few years ago although I never attempted the research to argue the point. Sometimes you know you’re right and prefer to spend your time chasing other rabbits down there holes.

This article succinctly argues the point of an American empire, even without touching on characteristics of its military which I cover regularly. The article also, in the context of empire, explains why the US must have a trade deficit with the rest of the world, along with having a global reserve currency. Again, this is a point that I have covered on more than one occasion. The thing is that the author ties it all together in one beautiful little package.

This article is important because from it you will understand why, if Trump is to win his trade war, it will come at a much greater economic cost as the global system of trade will be damaged or destroyed and along with it the global financial system. Or in other words, to eliminate the trade deficit completely one must reduce imports and exports to zero. Consider what that will do to American jobs.

Bits and Pieces – 2018 – May/June

Commentary

This post has been gestating for well over a month. I need to get it out. Perhaps the most important item is one I received from a friend recently. It concerns how the Clown Prince’s narcissistic ego is threatening to absolutely destroy this country’s economy:

I have been focusing on setting up gardens. I expect the food I can grow will be important to my family in the coming years. If Trudeau blows away the auto sector then we will face very quickly, economic collapse.

There is a suggestion in the video that the government is dragging their heels on NAFTA waiting to see if the Mexicans will elect a left-wing president. Trudeau is stupid enough to think that in such a case, he and the Mexicans will have strength to get the NAFTA deal he wants. The problem is Trump holds all the cards.

Bits and Pieces – 20180515, Tuesday

Economic Warfare

Sanctions and Blockades

Here is an article that explains how sanctions can be used as a weapon of military warfare with actions by the US as an examples: Iran Sanctions: A Reminder Of How America Militarized The Financial System.

Bits and Pieces – 20180423, Monday

Commentary

Jim Quinn has just published WINTER IS COMING (PART THREE), his third essay in a series based on the book The Fourth Turning by Strauss & Howe. It explains how the state of global political unrest is the end state of the current fourth turning.

I continue to make minor changes in the organization of the structure of these posts.

Bits and Pieces – 20180415, Sunday

Commentary

Trump got to fire his missiles and save face: Trump Orders Military Strikes On Syria: 3 Waves Of Airstrikes Launched. The generals got to brag: “We Successfully Hit Every Target”: Highlights From Pentagon Press Briefing On Syria Airstrikes, minor possible technicalities aside: Syria Claims It Intercepted 71 Out Of 103 Cruise Missiles; Pentagon Denies.

Apparently the three targets were largely abandoned anyway so no Russians or Iranians were killed although the Israelis decided to take out a few Iranians on their own: 20 Dead After Israeli Warplanes Reportedly Attack Iranian Military Base In Syria. Inquiring minds might wonder if bombing a chemical weapon storage facility is wise unless no weapons are present.

As for the Donald, he’s a showman and a true politician judging by the number of times he reverses himself: “These ‘Freedom Fighters’ Fly Planes Into Our Buildings” – A List Of All The Times Trump Warned Against Attacking Syria.

Bits and Pieces – 20180413, Friday

Commentary

Our focus remains on Syria. While Trump has taken a step back, assets are still being assembled: A Second US Tomahawk-Capable Destroyer Enters The Mediterranean. As the article notes the US won’t have the USS Harry Truman carrier strike group in place until April 22, and the military would not want to launch an attack with such high risk without all their pieces on the board. We expect the rhetoric to continue.

The wild card is Trump. How can he back down? The longer he waits, the greater the risk that an independent investigation may be able to be conducted that might exonerate Assad.

Bits and Pieces – 20180411, Wednesday

Commentary

In a recent unreleased Bits and Pieces, I started to formulate a reorganization of the format to help focus my thinking in several areas. This post has the preliminary format.

Some years ago I formulated the position that the two great threats to civilization – our society, culture, politics and geopolitics – where socialism and Islamism. I would now add a third – globalization or globalism. Interestingly, Bits and Pieces has never had categories for these movements. While this fact invites more thought on my part as to why, the topics that have emerged are the ones that I see as having more direct impact on daily life. Right now, war is the dominant one, in all its manifestations. To this end, this inaugural post retains all the category and sub-category headings. Future posts will not show empty topics.

Bits and Pieces – 20180331, Saturday

Trade Wars: Martin Armstrong has some interesting perspectives on the US moves, in this very short blog post: Protectionism & Trade Wars. The next article looks at the role of vehicles in trade wars between the EU and the US: France And Germany Clash Over US Car Tariffs. But consider this graphic from the article:

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