When the Chinese offered to out bid one of the Carlyle Group's better performers for a smaller but highly profitable Central Asian oil-and-gas company also based in California it not only threw down the economic gauntlet to the capitalist free traders of the West, it must have stoked the fires of dissent on the board of the Group.
Today in The New York Pravda the NeoLiberal Nicholas D. Kristof leaves off his usual praise of Dear Leader's Wisdom.
"The biggest risk we Americans face to our way of life and our place in the world probably doesn't come from Al Qaeda or the Iraq war.
Rather, the biggest risk may come from this administration's fiscal recklessness and the way this is putting us in hock to China..."
Wrong on more counts than even Kristof realizes, he violates the Hitchhiker's First Rule.
He panics, big time.
Al Qaeda and the Iraq war may be genuine threats to America, but certainly not in any way Kristof has ever written about. Al Qaeda has been doing a stunningly effective job of turning America into an oligarchic theocracy. Iraq never threatened us for a moment until we decided to de-secularize its Arabic culture by invasion.
Even now, both of these threats could be ended in the length of time it would take the Cheney Administration to pack up their bags and leave Washington.
Many others firmly think as I do that China is no threat to America, but I will agree, as I have since Bill Clinton's Presidency, that one of Bu$hCo's talents has been to utterly wreck any budget they're put in charge of mismanaging.
From the panic reaction I'd say the Company, never impressed with the abilities of Poppy's errant son, has decided to get serious with the sloppiness of the War faction. Although this move by China is predictable. The Company seemed pretty happy for their Bank of America minions to get a $3 billion chunk of China Construction Bank or with their Citigroup deal for Shanghai Pudong Development Bank and a lien on Chinese credit.
No wonder Big Time Dick checked in to the hospital with a little shortness of breath last week.
But don't worry, the Soros faction minions might be gulping Maalox, but he checked out fine, he spent the weekend in South Dakota, huntin' an' fishin' and thinkin' 'bout his next moves for Global Domination.
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3 comments:
Don't worry, I grew up in the South, so English is a foreign language to me, too.
If Cheney saw a way to make a profit, I don't think he'd have the slightest problem with that.
On the other hand, if there are no cheap Chinese parts how are all the Carlyle members like General Dynamics and Northrop-Grumman going to cash the blank check for the endless war ahead?
That's what's got them worried most. They've painted themselves into a corner economically. They're beginning to realize even a country as rich as Bill Clinton's America can be run into the ground like an Arbusto or a Harken, or like Big Time Dick was doing to Halliburton before he handed it to someone else to run for him.
If you think I think anyone is stupid because of their regional origin, you obviously aren't paying attention.
If you think anyone growing up in the socioeconomic conditions I grew up in has any grasp of English as it is properly spoken and written, you obviously didn't grow up where I did.
Major parts of the South are about like inner city Detroit for public education. If you don't appreciate that, you were obviously well-insulated from reality growing up. Regionalism or race has nothing to do with it. Economic deprivation has everything to do with it.
Thank you. My high school guidance counsellor in Nashville told me that "people like you don't belong in college". Luckily, after a year out of high school I knew better than that.
Some of old friends who drop by occasionally can remember...
The education I earned was totally unrelated to what most of my high school teachers could offer me.
If you've managed to change it where you live, all power to you.
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