Is Obama The New Nixon?

1 03 2013

 By Timothy D. Naegele[1]

Barack Obama said recently:

I am not a dictator.[2]

For many Americans who detest him totally—at the very least—this statement is all too reminiscent of Richard M. Nixon’s famous words:

I’m not a crook.[3]

The parallels are emerging rapidly; and Obama may suffer a similar fate.

Both had serious psychological issues: in the case of Obama, stemming from the fact that he grew up in Hawaii and Indonesia without his natural father; and his mother shipped him off to live with her parents in Honolulu, at a very young age, where he remained until he left to attend college on the American mainland.[4]

He is a Narcissist and a demagogue; and his reelection in 2012 merely elevated and reinforced these qualities in him.  Indeed, he has come to believe that he is invincible, politically; and he has set about to change America, much like Nixon did after his landslide reelection victory in 1972.

In an earlier article about Obama, I asked:

In the final analysis, will he be viewed as a fad and a feckless naïf, and a tragic Shakespearean figure who is forgotten and consigned to the dustheap of history?  Will his naïveté have been matched by his overarching narcissism, and will he be considered more starry-eyed and “dangerous” than Jimmy Carter?  Will his presidency be considered a sad watershed in history?  Or will he succeed and prove his detractors wrong, and be viewed as the “anointed one” and a true political “messiah”?  Even Abraham Lincoln was never accorded such accolades, much less during his lifetime.  And Barack Obama’s core beliefs are light years away from those of Ronald Reagan.[5]

Has Obama reached the apex of his presidency; and will his fall from grace, high atop “Mount Olympus,” be devastating for the United States and the American people?  Only time will tell.

© 2013, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.,www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search:Timothy D. Naegele

[2] See http://www.realclearpolitics.com/video/2013/03/01/obama_i_am_not_a_dictator_im_the_president.html

[3] See, e.g.http://www.youtube.com/watch?v=sh163n1lJ4M

[4] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

On most issues, I was politically in tune with former Senator Edward W. Brooke, for whom I worked; I am not with Barack Obama at all.

See, e.g.http://naegeleblog.wordpress.com/2010/12/03/barack-obama-is-a-lame-duck-president-who-will-not-be-reelected/ (see also the footnotes and comments beneath the article)

[5] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/





The Madness Of Benjamin Netanyahu

8 03 2012

 By Timothy D. Naegele[1]

The recent sober assessment of Arnaud de Borchgrave—the distinguished editor-at-large of The Washington Times and of United Press International—is worth reading and reflecting on:

U.S. three-star generals and admirals, Defense Intelligence Agency and CIA sources, along with three former CENTCOM commanders and the three former chiefs of Israeli intelligence services who retired last year—a formidable array of military and civilian experts who share impressive expertise on the Middle East—are all waving a red flag against unilateral Israeli or bilateral U.S.-Israeli bombing of Iran’s nuclear installations.

They can see such actions triggering a wider conflict spreading to the entire Middle East and the rest of the Arab world.

. . .

A three-star with much recent experience in the Middle East says an Israeli strike could move the entire region in the wrong direction.

Iran can close the Strait of Hormuz, not just for a few hours, as the Israelis say, but long enough to drive oil prices into the stratosphere. An admiral with years of experience in the region at different times of his career said privately Iran can sow thousands of mines in an area that handles one-fifth of the world’s daily oil requirements. They are below the surface and can be detonated by remote control as a warship sails over them. Iran’s shore line, which covers the entire eastern side of the Persian Gulf, is pock-marked with concealed missile sites.

The Iranians would also use hundreds of small boats in a swarming configuration that U.S. warships are prepared to cope with—but one or two are bound to get through a curtain of fire and punch a hole in the hull of a U.S. or NATO minesweeper.

Such a small boat in Aden harbor in October 2000 punctured the hull of the USS Cole, a $1 billion Arleigh Burke class destroyer, killing 17 sailors, and putting the warship out of service for 18 months with a $220 million repair bill. Cost of the operation to al-Qaida: $10,000 plus three volunteer suicide bombers.

The response of Israeli naysayers is that such tactics would hurt Iran far more than any of its intended targets. U.S. generals and admirals respond that the Iranian leadership wouldn’t be averse to cutting off its nose to spite its face.

The Iranians can also absorb temporary belt-tightening far more readily than Western Europeans. And with gas at the pump suddenly selling at $10 to $15 a gallon, U.S. President Barack Obama’s updated resume wouldn’t look too appealing at the ballot box in November.

. . .

U.S. Navy 5th Fleet headquarters in Bahrain is vulnerable; two-thirds of its population is Shiite Muslim and rooting for Tehran in the current conflict.

. . .

Most Iran watchers in the intelligence community say that one Israeli or U.S. bomb on Iran would push Iran’s youthful protesters right into the arms of the government they despise.

. . .

More important than his meeting with Obama is Netanyahu’s speech to the annual AIPAC convention. The endorsement of the American Israel Public Affairs Committee, Washington’s most powerful lobby, is tantamount to solid congressional approval.[2]

By attacking Iran, Netanyahu and Israel will stir up a hornet’s nest in the Islamic world, and achieve little or nothing militarily. Israel does not have the means of destroying Iran’s nuclear capabilities; and it is likely that the mission would end in failure. Also, what Arnaud de Borchgrave neglected to mention in his fine article is that in the Middle East, in Europe and worldwide, Israelis and other innocent Jews can be targeted by Islamic fascists; and there is nothing that Israel or its Mossad can do to prevent it.

A “silent” holocaust might take place globally, which would be unstoppable.  There are 1.3–1.65 billion followers of Islam worldwide, while Iran’s total population is approximately 78 million; and there are 14–18 million Jews worldwide, of which 6 million live in Israel.[3]

It is the Narcissistic demagogue Netanyahu who must be stopped, before he triggers actions in the Middle East and elsewhere that might be truly catastrophic.  His goal is to provoke an American attack on Iran, which is outrageous, reprehensible, and similar to the pressures that were brought to bear before the United States invaded Iraq.  There are no limits to his arrogance, or the extremes to which he will go to provoke the American attack.  He and Iran’s Ahmadinejad and Russia’s Putin are “moral equivalents.”[4]

America is not Israel’s surrogate; the two countries are not tied at the hip; and Iran is not America’s fight.  The American people are bone-tired of fighting wars in the region, and want out.  And our valiant and heroic military forces have been stretched far enough.[5]

The New York Times has reported:

Thomas E. Donilon, Mr. Obama’s national security adviser, . . . spent two days [in Jerusalem] recently, along with a team of intelligence and defense officials, meeting with Mr. Netanyahu and his lieutenants. Both sides contended that the meetings were highly successful. The Israelis were told that the administration not only says it would use military force if sanctions against Iran failed, it is also doing the planning for it.[6]

Not a single drop of American blood should ever be spilled to protect or defend Israel, period.[7]  It is on its own, sink or swim.  It is a pariah state worldwide because of Netanyahu, who continually seeks to dictate and distort U.S. foreign and national security policies.  Barack Obama was right in reaching out to the Islamic world—and he must block all warmongering actions by Netanyahu.  An Israeli attack on Iran would undoubtedly draw fury from Islamic nations and the followers of Islam around the world.  America is not at war with Islam; and Netanyahu must not be allowed to provoke this.

On some level Obama views the Israelis as the oppressors, or the “enemy,” and the Palestinians as the oppressed—reflecting his deep-seated beliefs about Apartheid in South Africa, which he viewed as pure evil.  If one has any doubts, read his book, “Dreams from My Father.”[8]  Hence, there is no kinship whatsoever between Obama and Netanyahu; and it is not surprising that Obama would treat him with outright disdain and contempt.  Viewed in this context, one can understand what Obama is doing and why he is doing it.  To him, it is likely that Netanyahu personifies that oppression.

The following bears repeating:

[Netanyahu] was hated by former Israeli Prime Ministers Ariel Sharon and Yitzhak Rabin—and especially by Rabin’s wife Leah, who blamed Netanyahu for her husband’s assassination. She saw “only doom for the Israeli-Palestinian peace process” with Netanyahu at Israel’s helm; and her views were prescient.[9]

Perhaps most surprising—and disturbing—is that the Israeli people have not ousted Netanyahu before now, despite the warnings of Sharon, the Rabins and others.  One of my Jewish friends who follows Israeli politics closely is convinced that the problem lies in its fractured parliamentary democracy. Small splinter groups, such as Avigdor Lieberman’s Yisrael Beiteinu party, are allowed to dictate Israeli domestic and national security policies.

It is a case of the “tail wagging the dog,” and Netanyahu has skillfully maneuvered this political system to his benefit.  Indeed, there appears to be little likelihood of change, certainly before he marches his fellow Israelis—and potentially Jews worldwide—to the edge of an abyss, of unfathomable depths.

In advance of Obama’s meeting with Netanyahu, the Los Angeles Times reported:

Obama said he plans to tell Netanyahu that he will order military strikes against Iran’s nuclear program if the current international sanctions are not successful in deterring its pursuit of nuclear weapons.

. . .

“I think that the Israeli government recognizes that, as president of the United States, I don’t bluff,” Obama said. . . .[10]

This is absurd, and simply political theater.

Obama has cut and run from Iraq, like a dog with his tail between his legs.  He is in the process of doing the same thing in Afghanistan, and losing the Middle East to Islamic fascists.  And he is trying to “gut” our great nation’s military might.[11]  The idea that America’s “Hamlet on the Potomac”—and “Jimmy Carter-lite”—would all of a sudden reverse course and launch the United States into a potentially devastating war with Iran and the Islamic world is nonsensical.

He is a political actor, pure and simple, and not much more.  Any notion that he has “Israel’s back,” and will protect it, must be viewed in the context of how he has protected the Iraqis, the Afghans, and dissenters in both Iran and Syria—which is not at all.[12]

The path on which Netanyahu is leading the Israelis is fraught with peril for their tiny Jewish nation . . . and potentially for Jews worldwide.  He is determined to take the United States and the American people on the “joy ride” with him, which is utter madness.

© 2012, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.,www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search:Timothy D. Naegele

[2] See http://www.upi.com/Top_News/Analysis/de-Borchgrave/2012/03/01/Commentary-Geopolitical-maelstrom/UPI-88241330603862/ (“Geopolitical maelstrom”); see also http://naegeleblog.wordpress.com/2010/02/20/israels-senseless-killings-and-war-with-iran/#comment-1880” (“Is Netanyahu’s Next Irresponsible Adventure An Attack On Iran?”)

[3] See, e.g., http://en.wikipedia.org/wiki/Major_religious_groups” (“Wikipedia: Major religious groups”) and http://naegeleblog.wordpress.com/2010/02/20/israels-senseless-killings-and-war-with-iran/#comment-2002 (“New Attacks On Israelis Have Begun, Which May Spread To Other Jews Worldwide”)

[4] See, e.g., http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/; see also http://www.telegraph.co.uk/news/worldnews/middleeast/israel/9125129/2012-is-not-1944-Netanyahu-invokes-Auschwitz-in-warning-to-Obama-over-Iran.html” (“’2012 is not 1944′: Netanyahu invokes Auschwitz in warning to Obama over Iran”)

[5] See, e.g., http://naegeleblog.wordpress.com/2010/02/20/israels-senseless-killings-and-war-with-iran/#comment-2027; see also http://www.nytimes.com/2012/03/06/opinion/iran-israel-and-the-united-states.html?_r=1” (“[T]here must be no illusions about what it would take to seriously damage Iran’s nuclear complex, the high costs and the limited returns”)

[6] See http://www.nytimes.com/2012/03/02/world/middleeast/for-obama-and-netanyahu-wariness-on-iran-will-dominate-talks.html” (“For Obama and Netanyahu, Wariness on Iran Will Dominate Talks”)

[7] Many Americans will never forget the Israeli attack on the USS Liberty.  As stated at a memorial to those who died and were injured:

On June 8, 1967, US Navy intelligence ship USS Liberty was suddenly and brutally attacked on the high seas in international waters by the air and naval forces of Israel. The Israeli forces attacked with full knowledge that this was an American ship and lied about it.

. . .

Thirty four Americans were killed in the attack and another 174 were wounded.

See www.gtr5.com

[8] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[9] See http://naegeleblog.wordpress.com/2010/02/20/israels-senseless-killings-and-war-with-iran/

[10] See http://www.latimes.com/news/politics/la-pn-obama-interview-iran-20120302,0,7234351.story (“Obama on Iran: ‘I don’t bluff’”)

[11] See, e.g., http://naegeleblog.wordpress.com/2010/12/03/barack-obama-is-a-lame-duck-president-who-will-not-be-reelected/#comment-1959

[12] See http://naegeleblog.wordpress.com/2010/12/03/barack-obama-is-a-lame-duck-president-who-will-not-be-reelected/#comment-2028 and http://naegeleblog.wordpress.com/2010/12/03/barack-obama-is-a-lame-duck-president-who-will-not-be-reelected/#comment-1959 and http://naegeleblog.wordpress.com/2010/12/03/barack-obama-is-a-lame-duck-president-who-will-not-be-reelected/#comment-1883





Poverty In America

7 02 2012

 By Timothy D. Naegele[1]

Presidential candidate Mitt Romney made one of the dumbest and most insensitive comments that I have ever heard from an American politician since I became involved with politics:
You can choose where to focus.  You can focus on the rich; that’s not my focus.  You can focus on the very poor; that’s not my focus.  My focus is on middle-income Americans.

He went on to explain that “[w]e have a safety net for the poor.”  And “[i]f there are people that are falling through the cracks, I want to fix that.”[2]

However, the fact that America’s poorest citizens theoretically have access to food stamps, Medicaid and housing vouchers[3]—which Romney cited—does not constitute much of a “safety net” at all.  Some Americans, such as senior citizens, are too proud to accept any governmental assistance (other than Social Security and Medicare benefits) or handouts.  They have worked all of their lives; and to find themselves in poverty is embarrassing and deeply depressing.  They and others are often turned away or sanctioned by the government bureaucracy that can be brutal and cruel, especially to people who are truly in need.[4]

Those Americans who had moved into our “Middle Class” will lose their homes and everything else, which is happening already.  The idea that colleges and professional schools were guaranteed pathways to success will also evaporate.[5]  Our society and that of other countries will be upended.  And yes, there will be “class warfare,” which Barack Obama and his surrogates are fanning already.  Leave aside the fact that he will add more debt than all 43 prior presidents combined, demagoguery is in season and full swing.

When I worked in the U.S. Senate as a young lawyer with its Senate Banking Committee and later headed the Senate staff of Edward W. Brooke (R-Mass)—the first African-American in the Senate since Reconstruction following our Civil War, with Obama being the third—the senator and I met with Mitt’s father who was Secretary of Housing and Urban Development (1969-1973)[6], and I was very impressed with him.  At that time, I was working on the passage and implementation of the Housing and Urban Development Acts of 1969 and 1970, which included the “Brooke Amendment” relating to public housing; and the national “Housing Allowance” program, which morphed into the Section 8 housing program that has helped millions of Americans.  The senator, George Romney and I talked about these programs at length.

On behalf of Senator Brooke, I also established a summer program for disadvantaged kids in Massachusetts, in conjunction with the Pentagon, which involved underutilized military facilities within the state (e.g., the Boston Navy Yard, Otis Air Force Base) and served approximately 100,000 kids during its first year alone.  Indeed, the senator and I traveled to Massachusetts with then-Secretary of Defense Melvin R. Laird in his private plane to review the program and its progress.

In making my observations, I am not singling out Mitt Romney for condemnation.  I have believed in Mitt for a long time now, and will vote for him—in no small part because I share most of his positions with respect to the economy and national security issues.  However, lots of politicians and other successful Americans are “tone deaf” when it comes to the needs of the poor.  They do not relate to them at all, and they cannot understand them.  To be poor is a sign of failure in our success-oriented and driven society.  Our advertising touts beautiful bodies and fancy cars and materialistic dreams.  In no way are the poor glorified, much less given dignity.  Shame is heaped on them, which is wrong.

When I was graduating from grade school in Los Angeles, my mother came to the ceremony in a wheelchair, and I was mortified.  No other mothers were present like that.  She had suffered the convergence of two debilitating illnesses, which robbed her of her beauty and almost killed her.  By the time that I was entering high school, her right leg had been amputated, which stopped the onslaught of what she had gone through; and during the Vietnam War, she walked with an artificial leg and was named the “Woman of the Year” by the local chapter of the Red Cross—for her outstanding volunteer work.

What all of this taught me was that her faith in God had sustained her, and given her courage, hope, joy and great love.[7]  And that stigmas and discrimination attach, especially in Southern California, to those people who are physically or mentally “challenged” or handicapped, the poor, and to those who are not “beautiful.”  Hollywood has gone nationwide and worldwide since then, with a vengeance; and life-threatening illnesses and poverty are not part of the “American dream,” which has been embraced by people globally.  As the U.S. economy declines more between now and the end of this decade—which will happen to an even greater extent in countries around the world—poverty, human suffering, misery and anger will increase dramatically.[8]

The core issues will be how Americans adjust to their poverty and hopelessness, which will be just as rampant in this decade as during the Great Depression of the last century that did not end until the onset of World War II, at the earliest.  There are no easy solutions to losing one’s job, home, car and everything else.  As State governments scramble to avoid bankruptcy, programs that might have helped the poor will no longer exist.  For example, in California, State parks are being closed; and the nightly price for staying at those that remain open equals the cost of a cheap motel already.  Where will the poor stay, especially if they have no family members who can—or are willing to—take them in?  How will they afford food to eat, and find transportation to get from one place to another (e.g., looking for work)?  When inclement weather sets in, how will they survive?

The published numbers of “poor” do not begin to tell their tragic stories; and the human suffering will increase and become unfathomable during the balance of this decade, whether Romney is president or not.  Pure economics will dictate this; and there is nothing that can be done governmentally, by any politician.[9]  And yes, many of those poor will be “middle-income Americans” or those who had been members of our Middle Class.  They will be devastated; suicides and divorces will increase[10]; and families will be torn asunder.  Mitt Romney and the wealthy of the United States—which includes Obama and most members of Congress—need to wake up now, and begin to demonstrate real compassion.  The problem is that they have no earthly idea of what it is like to be poor.

In Greece today, parents are giving away their children because they cannot afford them.  Kids are being dumped in streets or abandoned at shelters with notes attached to them, saying that one or both parents are at wits’ end.[11]  Poverty breeds inhumanity on a scale that is unknown to most Americans; and it also breeds crime (including massive Internet fraud[12]), which will increase in the United States as money for law enforcement declines and as our prisons are overcrowded and prisoners are released.  Reality is crashing down with a thud like never before in our lifetimes.

As I wrote almost three years ago:

America and other nations are in uncharted waters; and their politicians may face backlashes from disillusioned and angry constituents that are unprecedented in modern times. Also, the limits of godless secularism and paying homage to the false gods of materialism may become self-evident.[13]

The chickens are coming home to roost, in spades; and the “good times” are ending for vast numbers of Americans and their counterparts around the world.

Others will remain rich, or attain great riches[14]; and I do not begrudge it to them at all.  I do not envy or covet what another has.  I have never done so.  My parents taught me that, by their own words and actions.  In my lifetime thus far, I have had lots of money, and none.  I have friends with many millions, and one with several billions; and others who have nothing.  I have treated them all the same—with love, respect, dignity and compassion.

I lived in a tent for months at a time—with water everywhere inside it, during the rainy season—because that was all I could afford.  I have had two cars repossessed, as well as a boat.  I have been evicted; and lost my dream house, as well as most of the possessions that were important to me, including priceless family items that had been handed down over generations.  When I was in law school, I had a pair of shoes resoled so many times that I was told it could not be done anymore; and I have struggled to make ends meet for food.

I do not wish any of this on others.  However, I realize that many Americans have experienced losses, pain and suffering that are far worse than I ever have; and this is true today of people abroad who are dying of wars, diseases and malnutrition, and are being forced into slavery and prostitution.[15]  I have great faith in God, the United States, all Americans[16], and people everywhere.  I believe we will survive like my mother did.  However, we will be tested like never before.

© 2012, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.,www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search:Timothy D. Naegele

[2] See http://edition.cnn.com/2012/02/02/politics/campaign-wrap/?hpt=hp_t1

[3] As discussed later in this article, “housing vouchers” are an outgrowth of the national “Housing Allowance” program that I crafted as a young attorney with the Senate Banking Committee—which was complementary to the “Brooke Amendment,” and morphed into the Section 8 housing program that has helped millions of Americans.

[4] As I have written:

[L]awyers who are prosecutors are often less interested in fairness and justice than they are in winning at all costs, and exercising their raw power and hurting others in the process—such as those who are innocent but are convicted anyway.

See http://naegeleblog.wordpress.com/2011/01/03/the-american-legal-system-is-broken-can-it-be-fixed/

And I added:

A federal official with reason to know told me that between 15-20 percent of the indictees in federal courts are probably innocent.  Some are seniors who have been charged with cheating the Social Security program, and they are scared to death, so they agree to plea bargains rather than fight for their innocence.

See id. at n.8.  This is truly frightening, and cruel.  Also, those who are engaged in prosecutorial misconduct are “sheltered” by the government, which is a travesty unto itself.  Aside from any civil remedies against them, such prosecutors should be prosecuted and disbarred.

See, e.g.http://www.usatoday.com/news/washington/story/2012-02-06/ted-stevens-prosecutors-justice-department/52922922/1 (“Taxpayers pay to defend prosecutors in Ted Stevens case”); see also http://naegeleblog.wordpress.com/2011/01/03/the-american-legal-system-is-broken-can-it-be-fixed/#comment-1700 (“Perhaps the best remedy for such abuses is to have the ‘guilty’ prosecutors incarcerated; and let justice be meted out with respect to them, by those in prisons”)

[5] See, e.g., http://naegeleblog.wordpress.com/2011/01/03/the-american-legal-system-is-broken-can-it-be-fixed/#comment-1977 (“Law School May Amount To The Worst Investment Of Her Life!”) and http://naegeleblog.wordpress.com/2011/07/29/are-colleges-dinosaurs/ (“Are Colleges Dinosaurs?”) (see also the footnotes and all other comments beneath the article)

[6]  See, e.g., http://en.wikipedia.org/wiki/George_W._Romney#Secretary_of_Housing_and_Urban_Development

[7] See, e.g.http://naegeleblog.wordpress.com/2010/05/12/what-and-where-is-god/ (“What And Where Is God?”) (see also the footnotes and comments beneath the article)

[8] See, e.g., http://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-1960 (“Global Economy Could Endure Disaster For a Week”) (see also the article itself, as well as the footnotes and all of the other comments beneath it)

[9] See, e.g., http://www.americanbanker.com/issues/173_212/-365185-1.html (“Greenspan’s Fingerprints All Over Enduring Mess”) and http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html (“Euphoria or the Obama Depression?”); see also http://www.philstockworld.com/2009/10/11/greenspan’s-legacy-more-suffering-to-come/ (“Greenspan’s legacy: more suffering to come”)

[10] See https://naegeleblog.wordpress.com/2011/07/14/divorces/ (see also the footnotes and comments beneath the article)

[11] See, e.g., http://www.dailymail.co.uk/news/article-2085163/Children-dumped-streets-Greek-parents-afford-them.html (“Children ‘dumped in streets by Greek parents who can’t afford to look after them any more’”)

[12] See http://naegeleblog.wordpress.com/2010/01/31/lawyers-and-internet-scams/ (“Lawyers And Internet Scams”) (see also the footnotes and all of the comments beneath the article)

[13] See http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html

[14] See, e.g., http://www.thedailybeast.com/galleries/2012/02/02/the-youngest-and-richest-people-in-america-from-mark-zuckerberg-to-sean-parker-photos.html (“The 10 Youngest Richest, From Sergey Brin to Mark Zuckerberg”)

[15] See http://naegeleblog.wordpress.com/2009/12/28/human-trafficking/ (“Human Trafficking”) (see also the footnotes and all of the comments beneath the article)

[16] See http://naegeleblog.wordpress.com/2010/02/26/america-a-rich-tapestry-of-life/ (“America: A Rich Tapestry Of Life”) (see also the footnotes and all of the comments beneath the article)





China Is America’s Enemy: Make No Mistake About That

13 01 2011

By Timothy D. Naegele[1]

While it would certainly be nice to think of China as a benign, friendly, democratic nation, if not an ally of the United States—which makes the computers and cellphones that Americans use, and provides most of the products sold in Walmart stores—the fact is that China is our enemy, now and in the future.  A failure to recognize this fact has serious national security implications for our great nation.  Those who cavalierly dismiss this and similar assessments, as nothing more than the rantings of “Cold Warriors,” may be condemned to repeat and relive the world wars of the past.

Does this mean that we will be in a shooting war with China any time soon, or that we should gird for war in the future?  No, but it means that we must maintain and strengthen our military might, and do nothing to diminish it.  We face deadly challenges elsewhere in the world too: for example, from North Korea, Iran, Russia and terrorists.  However, we must never underestimate the threat from China, America’s rising Asian rival globally.  Among other things, there is a “disconnect” between China’s civilian and military leaderships, which may grow dramatically—and it does not bode well for the future.

As the Wall Street Journal reported:

China conducted the first test flight of its stealth fighter just hours before U.S. Defense Secretary Robert Gates sat down with President Hu Jintao here to mend frayed relations, undermining the meeting and prompting questions over whether China’s civilian leadership is fully in control of the increasingly powerful armed forces.[2]

In early 2001, at the beginning of George W. Bush’s presidency, China’s military tested his metal by forcing down one of our spy planes near the island of Hainan. There were serious questions raised then—as they are being raised now—about whether China’s civilian leadership was fully in control of the country’s military.

Also, the New York Times had a fine article recently, which stated in part:

Older Chinese officers remember a time, before the Tiananmen Square protests in 1989 set relations back, when American and Chinese forces made common cause against the Soviet Union.

The younger officers have known only an anti-American ideology, which casts the United States as bent on thwarting China’s rise.

. . .

Chinese military men, from the soldiers and platoon captains all the way up to the army commanders, were always taught that America would be their enemy.[3]

Viewed in its starkest terms, China has threatened a nation-ending EMP Attack against the United States already—which went largely unnoticed by most Americans, even though such an attack might kill all except 30 million of us.[4] In addition to its submarine forces that have been expanded greatly in the past decade, China’s military is deploying new ballistic missiles that can sink U.S. aircraft carriers, and are potentially game-changing, unprecedented threats to our supercarriers and their carrier battle groups.[5]

Also, China is preparing to build an aircraft carrier, which symbolizes the ambition to move far beyond its own shores[6].  Its growing anti-satellite capabilities and quite soon its fifth-generation fighter, not to mention its ongoing Cyberwarfare and economic warfare, are alarming to say the least.

Barack Obama manipulated the 2010 lame-duck session of Congress to ratify the “90 percent useless and 10 percent problematic” New START Treaty with Putin’s Russia—from which the next Republican administration should withdraw[7], just as George W. Bush withdrew from the ABM Treaty, which had expressly prevented major American advances in missile defense.  However, the United States’ focus must be on China, not on an essentially-Third World, backwater country like Russia.[8]

As one China military-affairs specialist put it:

Clearly, China’s communist leadership is not impressed by the [Obama] administration’s ending of F-22 production, its retirement of the Navy’s nuclear cruise missile, START Treaty reductions in U.S. missile warheads, and its refusal to consider U.S. space warfare capabilities. Such weakness is the surest way to invite military adventurism from China.[9]

On the positive side, China represents an enormous consumer market.  Yet, even on that front, caution is advised and prudence is required.  As the Wall Street Journal noted:

It’s tempting for U.S. companies to believe they can rely on access to hundreds of millions of new consumers in China and other emerging-market countries for the lion’s share of future profits. But they had better be prepared for a wide variety of unforeseen barriers.[10]

The United States has other issues and problems with China, including but not limited to Chinese adoption policies that foist “sick” children on unsuspecting, needy American adoptive parents, leading to tragic human suffering and other consequences[11]; China’s human rights abuses, including political prisoners who often serve their terms in an archipelago of labor camps scattered across the country called Laogai[12]; North and South Korea—and their respective international protectors, China and the U.S.—which might be heading for a showdown in the future[13]; and China’s expanding influence in the world, such as its willingness to bail out debt-ridden countries in the euro zone[14].

China has a violent history, which is of recent vintage.  Indeed, the Soviet Union’s Joseph Stalin and China’s Mao Tse-tung were the most ruthless killers of their own people in the 20th Century, and perhaps in the entire history of mankind.  Mao was directly responsible for an estimated 30-40 million deaths between 1958 and 1960, as a result of what his regime hailed as the “Great Leap Forward.”[15] Even though human rights activist Liu Xiaobo won the 2010 Nobel Peace Prize—after having been sentenced to prison for putting his name to the “Charter 08″ human-rights manifesto, which says that the Chinese people “see clearly that freedom, equality, and human rights are universal values”—he was denied the right to have a representative collect the prize for him.[16]

Perhaps the best hope for a democratic China at peace with the world rests with the expansion of human rights in the country, as well as consumerism and capitalism; and greater civilian control over the country’s potentially-renegade military.  Whether this hope comes to fruition, or ends up as a pipe dream, remains to be seen.  Will China’s bluster and swagger lead to war, or dissipate over time; and are the United States and China on a collision course in the Western Pacific and elsewhere?[17] Only time will tell.  However, one can never forget that China’s violent past was only a short time ago, and its human rights abuses continue to this day.

© 2011, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://online.wsj.com/article/SB10001424052748704428004576075042571461586.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsTop

[3] See http://www.nytimes.com/2010/10/12/world/asia/12beijing.html?_r=3&hp=&pagewanted=all

[4] See, e.g.http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/

[5] See, e.g.http://www.washingtontimes.com/news/2010/dec/27/china-deploying-carrier-sinking-ballistic-missile/

[6] See, e.g.http://www.ft.com/cms/s/0/fa7f5e6a-09cc-11e0-8b29-00144feabdc0.html#axzz18PUuKHZh

[7] See http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1014: see also http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1167 and http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1245

[8] See http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/

[9] See http://www.washingtontimes.com/news/2010/dec/27/china-deploying-carrier-sinking-ballistic-missile/

[10] See, e.g.http://online.wsj.com/article/SB10001424052748704852004575258541875590852.html?mod=WSJ_hp_editorsPicks

[11] See, e.g.http://naegeleblog.wordpress.com/2010/04/15/problems-with-foreign-adoptions/; see also http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-348 and http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-434 (“[B]oth Russia and China have used the U.S. as dumping grounds for their ‘sick’ children”)

[12] See, e.g.http://www.naegele.com/documents/BretStephens-FromAthenstoBeijing.pdf (“How strong can China be if it is terrified of Nobel Peace Prize winner Liu Xiaobo?”); see also http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-824

[13] See, e.g., http://naegeleblog.wordpress.com/2010/12/22/the-next-major-war-korea-again/ and http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1012

[14] See, e.g.http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1177

[15] As I have written:

Like Stalin, Mao’s crimes involved Chinese peasants, many of whom died of hunger from man-made famines under collectivist orders that stripped them of all private possessions.  The Communist Party forbade them even to cook food at home; private fires were outlawed; and their harvests were taken by the state.  Those who dared to question Mao’s agricultural policies—which sought to maximize food output by dispossessing the nation’s most productive farmers—were tortured, sent to labor camps, or executed.

See http://naegeleblog.wordpress.com/2010/02/06/the-silent-voices-of-stalin%E2%80%99s-soviet-holocaust-and-mao%E2%80%99s-chinese-holocaust/

[16] See infra note 12; see also http://en.wikipedia.org/wiki/Liu_Xiaobo#Nobel_Peace_Prize

[17] See, e.g.http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1188





The Next Major War: Korea Again?

22 12 2010

By Timothy D. Naegele[1]

A series of events has been unfolding for some months now, which may culminate in another shooting war on the Korean peninsula that might prove devastating.  North Korea has warned that a war with South Korea would go nuclear[2]; and the ramifications are enormous.  In discussing this potential tragedy of epic proportions, it is useful to review recent events that have brought us to the present state of affairs:

  • The Sinking Of A South Korean Navy Vessel In March Of 2010—The facts were unknown when it happened, except that an explosion took place aboard the ship, and efforts were underway to save as many of the crew members as possible.  Whether this would turn into an international incident, testing the South Koreans and President Barack Obama, remained to be seen.[3] However, the Wall Street Journal noted:

The possibility of a violent, potentially apocalyptic regime collapse in North Korea within the decade is one that all countries with an interest in the region should keep in mind.[4]

The Journal added:

The latest incident comes days after a conference in which some experts described the Kim dictatorship as being in the first stage of collapse.  Americans should be paying attention: If North Korea decides to go out in a blaze of nuclear glory—and its current penchant for kamikaze rhetoric suggests it might—the enormous number of casualties would likely include many of the U.S. troops stationed on the peninsula.[5]

  • South Korean Ship Was Hit By North Korean Torpedo—Among other publications, the London Times reported that North Korea had launched one of the worst military acts of provocation since the Korean War, killing 46 South Korean sailors, which had amounted to a deliberate and unprovoked attack by North Korea.[6]
  • Finally, In May Of 2010, South Korea Blamed North Korea For Launching The Torpedo At Its Warship, Causing The Explosion That Killed 46 Sailors[7]—The Wall Street Journal reported that South Korea had convincing evidence.[8]
  • There Is Reason To Believe That North Korea’s Dictator Kim Ordered The Sinking Of The Cheonan, To Help Secure The Succession Of His Son—The New York Times reported that an American intelligence analysis of the deadly torpedo attack on the South Korean warship concluded that Kim Jong Il, the ailing leader of North Korea, must have authorized the torpedo assault.[9]
  • China Shields North Korea—Bloomberg News reported that Chinese Premier Wen Jiabao was likely to resist pressure to acknowledge that North Korea had torpedoed the South Korean warship.[10]
  • North And South Korea On The Brink Of War, Russian Diplomat Warned.[11]
  • North Korea Fired At South Korea As It Prepared To Host G-20 Summit Of Wealthiest Nations.[12]
  • North Korea Fired On South Korean Island.[13]
  • China Warned U.S. About Joint U.S.-South Korean Military Exercise As Korea Tensions Rise[14]—In turn, North Korea responded angrily to the maneuvers: “The situation on the Korean peninsula is inching closer to the brink of war.”
  • America’s Chairman Of The Joint Chiefs Of Staff, Admiral Mullen, Rebuked China For Failing To Curb North Korea.[15]
  • Firing Drill Increased Korea Tensions—South Korea test-fired artillery from the island that North Korea attacked, defying North Korean threats of another attack and asserting its rights in a maritime area it has controlled since the Korean War of the 1950s.[16]
  • North Korea Said It Would Not Strike Back—As the Wall Street Journal noted, North Korea stood pat after a South Korean artillery drill, easing fears of armed conflict and suggesting that the North Koreans might be using provocations to seek economic inducements.

The Journal added:

Fighter jets patrolled the air and destroyers sailed in nearby waters ready to counter another North Korean attack.

. . .

[F]or decades Pyongyang’s power has been tied to its ability and willingness to surprise Seoul. Analysts say it is more likely to stage another provocation when the South’s guard goes down in the months ahead, depending on its need to further its broad goals of securing economic assistance and security guarantees for its authoritarian regime.

For now, the episode appeared to take its place in a long series of provocations South Koreans have gotten used to.

. . .

Earlier in the day the North made another conciliatory gesture—announced by a visiting U.S. dignitary, New Mexico Gov. Bill Richardson, making an unofficial visit—to let the international nuclear inspectors it kicked out last year come back to the country.

. . .

For longtime North Korea watchers, Pyongyang’s official statement and offer to Mr. Richardson showed that it continued to operate in a familiar pattern: heating things up with provocative actions that draw attention, and then cooling them down with peace-making gestures in hopes of winning economic and security favors.[17]

  • WikiLeaks Cables Reveal China Ready To Abandon North Korea—The UK’s Guardian reported:

China has signalled its readiness to accept Korean reunification and is privately distancing itself from the North Korean regime, according to leaked US embassy cables that reveal senior Beijing figures regard their official ally as a “spoiled child”.[18]

North Korea’s latest series of provocations might prove little more than that, even as deadly as they were.  However, miscalculations may take place, which could be catastrophic.  While America is tied down militarily in Iraq, and its forces are mired in the Afghan War, North Korea may feel emboldened to strike against South Korea and set the Korean peninsula ablaze.  Similarly, other trouble spots around the world may flare up, such as a war in the Middle East involving Israel and Iran or its surrogates.

Given Barack Obama’s perceived weakness and naïveté, as well as global economic problems confronting the United States and other countries, its enemies may choose now or in the not-too-distant future as an opportune time to strike.  The use of nuclear weapons, or the ultimate EMP Attack[19], would send America and its allies reeling.  Let’s hope and pray it never happens.

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://www.breitbart.com/article.php?id=CNG.4fb1629dc68392c48ffbd287f0cd9a66.931&show_article=1

[3] See, e.g., http://www.timesonline.co.uk/tol/news/world/asia/article7077655.ece and http://online.wsj.com/article/SB10001424052748704100604575146940411764282.html?mod=WSJ_newsreel_world

[4] See http://online.wsj.com/article/SB10001424052748704100604575145672974954144.html?mod=WSJ_hps_MIDDLEForthNews

[5] See id.

[6] The Times article added:

[South Korean President Lee Myung Bak]’s government appears to be struggling to find an appropriate response that would demonstrate its resolve in the face of aggression but stop short of a costly and unpredictable war.

. . .

The speculation is that this was an act of retaliation for a naval skirmish in November last year in which the North came off worse.

. . .

Some security officials favour a tit-for-tat response to any North Korean aggression. But the risk is that this could escalate into a war, which might result in eventual victory for the South and its US allies, but could be ruinously destructive and expensive.

A limited war might be exactly what the North Korean leader, Kim Jong Il, is hoping for. After decades of economic decline and famine in the 1990s which killed as many as a few million people, his economy is in chronic decline.

A military adventure against the routinely demonised “imperialist” US and its South Korean “lackeys” could serve as a welcome and unifying distraction.

. . .

“No one wants to say it out loud,” wrote Song Ho Keun, a professor at Seoul National University in the Joong-Ang Ilbo newspaper.

“We told ourselves to be patient and cool, not to jump to conclusions as there is no definitive evidence implicating the North. But if we find one little piece of evidence pointing definitely at North Korea, the rage we have forcibly suppressed will gush forth.”

See http://www.timesonline.co.uk/tol/news/world/asia/article7104498.ece

[7] See http://www.washingtonpost.com/wp-dyn/content/article/2010/05/18/AR2010051803094.html?hpid=topnews

[8] For example, the Journal noted:

[W]hen the South Korean joint military-civilian investigation team presented their findings at a nationally-televised news conference, they unveiled a surprise: virtually the entire unexploded portion of the torpedo that destroyed the ship.

Searchers found the torpedo parts—including its propulsion system, steering section and propellers—last Saturday in the waters where the ship was destroyed. A marking inside the propulsion system reads “No. 1″ in Korean lettering and, investigators said, is consistent with markings in a North Korean torpedo that the South Korean military obtained several years ago.

See http://online.wsj.com/article/SB10001424052748703691804575255162754594880.html?mod=WSJ_hps_SECONDTopStories

[9] See http://www.nytimes.com/2010/05/23/world/asia/23korea.html?_r=1&hp=&adxnnl=1&adxnnlx=1274612566-rHxXHrx8DGOehpG3vtFz9Q

In an editorial entitled, “Lessons From a Torpedo”—and subtitled “Placating Kim Jong Il doesn’t change North Korea’s behavior”—the Wall Street Journal stated explicitly:

President Obama . . . sent Kim a personal letter spelling out a “future vision” for the two countries, including the promise of a peace treaty, a guarantee of regime security and economic aid in exchange for the North’s denuclearization. The North’s response arrived by torpedo.

. . .

Engaging Kim has done little to improve his behavior, except in brief intervals, and if anything that behavior has become worse since Mr. Obama took office.

. . .

The larger strategic insight is to recognize that North Korea won’t change until Kim dies or his regime falls. The goal of the West should be to increase pressure on the North toward the latter goal, especially given signs of increasing discontent in the North.

. . .

[T]he long U.S. attempt to persuade Beijing to control its client has nothing to show for it.

. . .

If Kim and his generals can sink a South Korean ship without serious consequences, they might well conclude that they should escalate. The proper response is to give up the illusions of engagement, and methodically and coolly treat the North as the rogue state it is.

See http://www.naegele.com/documents/LessonsFromaTorpedo.pdf

In an article entitled, “Kim Jong-il ‘laying the ground for succession’ with military attacks”—and subtitled, “Palace power-struggles between North Korea’s new-generation political leadership and its hawkish military establishment could spark off a full war on the Peninsula, South Korean and US authorities are warning”—the UK’s Telegraph reported:

Last week’s attack on Yeonpyeong island, a senior South Korean defence official told The Daily Telegraph, was personally approved by North Korea’s supreme leader, Kim Jong-il and his son and heir-apparent Kim Jong-un, in an effort to curry favour with hostile military hawks.

“I fear we’re going to see much more fighting in weeks to come,” the official said.

. . .

Kim Jong-il, US government sources said, is determined not to rejoin talks aimed at curbing North Korea’s nuclear programme in return for aid, fearful of upsetting military leaders. He hopes precipitating a crisis will lead the generals to rally behind his son and compel South Korea and the West to engage in dialogue on his terms.

Kim Jong-un was made a four-star general and named vice-chairman of the country’s National Defence Commission in September—even though the Swiss-educated 27-year-old had no military experience. “The generals saw Kim Jong-un as a puppy who wasn’t even lavatory trained,” said Kongdan Oh Hassig, a North Korea expert, “not a credible leader. There was lots of fuming.”

Bruce Bennett, another North Korea specialist, said the succession left generals “asking themselves how much longer they would have a role in government”. He noted that replacements of officials in North Korea “usually occur as the result of a purge or a ‘traffic accident,’ so that could be cause for some instability.”

“Every time there’s been a succession in North Korea,” Dr. Hassig noted, “you’ve had trouble, because the leadership has needed to reassure the military.”

Kim Jong-il ordered the bombing of a Korean Air plane in 1987, killing all 115, and an attack on officials which left 17 dead.

Little noticed in the West, tensions with the military have often threatened North Korea’s ruling family. In 1991-1992, there were reports that a group of generals had been planning to assassinate Kim Il-sung, in order to implement a programme of radical modernisation. Later, in 1995, elements of North Korea’s VI corps in famine-hit North Hamgyong province almost revolted.

“The Kims are playing the Crazed Fearsome Cripple Gambit,” a US military official told The Daily Telegraph, referring to a term coined by the strategic analyst George Friedman.

North Korea’s regime, Mr Friedman argued, wilfully chose to be an economically-crippled state to make itself unattractive as a target for intervention. Then it sought to inspire fear by developing nuclear weapons.

Finally, Mr Friedman argued, “having established that they were crippled and fearsome, the critical element was to establish their insanity”. Since no one would wish for a nuclear-armed North Korea to engage in a crazed military adventure, it would give the regime what it wanted.

Both Koreas are now holding out threats of further fighting. North Korea’s official news agency warned on Saturday that the “situation on the Korean peninsula is inching closer to the brink of war”.

Lieutenant General Yoo Nak Joon, commander of the South Korean Marine Corps, meanwhile, called on his troops to “put our feelings of rage and animosity in our bones and take our revenge on North Korea”.

See http://www.telegraph.co.uk/news/worldnews/asia/northkorea/8166343/Kim-Jong-il-laying-the-ground-for-succession-with-military-attacks.html

[10] Specifically, Bloomberg reported:

Chinese Premier Wen Jiabao is likely to resist pressure to acknowledge that North Korea torpedoed a South Korean warship when he flies to Seoul tomorrow to meet South Korean President Lee Myung Bak and Japan’s Yukio Hatoyama.

. . .

China wants to avoid a conflict on the Korean peninsula, and is concerned that taking South Korea’s side may provoke North Korea into further escalations and even lead to war, said Shen Dingli, vice dean of the Institute of International Affairs at Shanghai’s Fudan University.

“North Korea is dying, and we can make things worse,” Shen said. “We have assumed North Korea is not a rational actor.”

See http://www.bloomberg.com/news/2010-05-26/china-may-shield-north-korea-as-lee-clinton-seek-action-over-ship-sinking.html

[11] See http://www.telegraph.co.uk/news/worldnews/asia/northkorea/8020972/North-and-South-Korea-on-the-brink-of-war-Russian-diplomat-warns.html

[12] The AP reported:

North Korea fired two rounds toward South Korea at their tense border and South Korean troops immediately fired back, an official said Friday.

The exchange of fire at the heavily armed border highlights the security problems faced by Seoul as it prepares to host the Group of 20 economic summit next month.

North Korean troops fired at a South Korean guard post in the Demilitarized Zone, said an official at the Joint Chiefs of Staff in Seoul.

. . .

The guard post is 73 miles (118 kilometers) northeast of Seoul.

. . .

The spike in tensions Friday came two weeks ahead of a global economic summit in Seoul to be attended by President Barack Obama and other leaders.

. . .

In May, a multinational investigation led by Seoul concluded that a torpedo fired by a North Korean submarine sank the 1,200-ton Cheonan warship. North Korea has denied involvement in the sinking, which killed 46 South Korean sailors.

The sinking heightened tensions between the rival Koreas, which remain technically at war because their 1950-53 war ended with a cease-fire, not a peace treaty.

See http://apnews.myway.com/article/20101029/D9J5B8OG0.html; see also http://www.naegele.com/documents/NorthKoreaFiresShotsAcrossBorder.pdf and http://www.usatoday.com/news/world/2010-10-29-north-south-korea-fire_N.htm?loc=interstitialskip

[13] The Los Angeles Times reported:

North Korea on Tuesday fired dozens of artillery rounds onto a populated South Korean island, killing two and injuring 19 others after Pyongyang claimed that Seoul was readying for “an invasion,” officials said.

South Korean President Lee Myung-bak called an emergency session of his national security-related ministers in an underground bunker at the presidential residence late Tuesday to devise a response to the attack, which occurred near the disputed western border between north and south.

The Seoul government later called North Korea’s artillery attack a “clear military provocation” and warned that the secretive regime would face “stern retaliation” should it launch further attacks.

. . .

The South Korean military was placed on high alert, with fighter jets sent into the air, after officials confirmed that two Marines were killed and 19 others—including three civilians—were injured.

. . .

The White House . . . said the U.S. would stand by South Korea. “Earlier today North Korea conducted an artillery attack against the South Korean island of Yeonpyeong. We are in close and continuing contact with our Korean allies,” said a statement.

“The United States strongly condemns this attack and calls on North Korea to halt its belligerent action and to fully abide by the terms of the Armistice Agreement.” It added that the U.S. “is firmly committed to the defense of our ally, the Republic of Korea, and to the maintenance of regional peace and stability.”

See http://www.latimes.com/news/nationworld/world/la-fg-korea-shelling-web-20101124,0,958943,full.story; see also http://online.wsj.com/article/SB10001424052748703904804575631763523837910.html?mod=WSJ_hp_LEFTTopStories and http://news.yahoo.com/s/afp/20101123/wl_afp/nkoreaskoreamilitarynuclearweapons_20101123092327

A USA Today article added:

The skirmish came amid high tension over North Korea’s claim that it has a new uranium enrichment facility and just six weeks after North Korean leader Kim Jong Il unveiled his youngest son Kim Jong Un as his heir apparent.

. . .

The existence of North Korea’s new uranium enrichment facility came to light over the weekend after Pyongyang showed it to a visiting American nuclear scientist, claiming that the highly sophisticated operation had 2,000 completed centrifuges. Top U.S. military officials warn that it could speed the North’s ability to make and deliver viable nuclear weapons.

See http://www.usatoday.com/news/world/2010-11-23-korea-artillery_N.htm?loc=interstitialskip

[14] The Wall Street Journal reported:

Beijing [has] lodged its first official protest of a joint U.S.-South Korean military exercise planned for Sunday, even as the aircraft carrier USS George Washington steamed toward the region.

North Korea also responded angrily. “The situation on the Korean peninsula is inching closer to the brink of war,” the state controlled Korean Central News Agency responded Friday to the maneuvers, which are set to take place in the Yellow Sea between the Koreas and northeastern China.

The strong talk was the latest fallout from North Korea’s hour-long artillery attack of a South Korean island on Tuesday that killed four people. The next day, the U.S. and South Korea said planned joint exercises would go ahead over the weekend, heightening fears in some quarters that already-tense relations between North and South Korea—and their respective international protectors, China and the U.S.—could be heading for a showdown.

Yet China’s outwardly defiant response belies a more delicate political reality: Beijing’s continued support of North Korea’s erratic, martial regime is beginning to extract real costs. China’s statement Friday included a face-saving formulation that appeared to open the door for a scenario China has long sought to avert—a U.S. aircraft carrier, a potent symbol of U.S. military might, plying the edge of Chinese waters.

. . .

China has long frustrated U.S. efforts to bring its nuclear-armed neighbor to heel, fearing any radical change could sow chaos in the region and potentially lead to a unified Korea with a U.S. military presence directly on its border. Beijing refused this week to blame North Korea for Tuesday’s attack. Privately, its officials maintain, the weekend’s exercises could be a grave mistake that risk further provoking the North.

But current and former U.S. officials who have worked on North Korea said Friday that they saw China in a growing quandary in how to square its support for Pyongyang with the regime’s continued provocations.

Beijing has sought in recent months to deepen its economic and strategic relationship with North Korea, despite U.S. objections, arguing it would help contain leader Kim Jong Il’s nuclear work and military provocations. As Pyongyang has continued to challenge the international community, however, China has been placed in an increasingly weakened position to protest U.S. military action.

“China is having a much harder time in defending its policy, but they only have themselves to blame,” said Michael Green, who oversaw Asia policy for the White House during George W. Bush’s first term. “You talk to any Chinese official, and they’re furious with the North Koreans.”

Beijing is also facing renewed criticism from Chinese foreign-policy experts, journalists and Internet activists who question whether unqualified support for North Korea is still in China’s interests.

China’s apparently softened stance on Yellow Sea exercises appears to demonstrate a concern that the North Korean crisis will overshadow a planned trip to Washington in January by President Hu Jintao. It may also reflect an acknowledgment that China would be unlikely to prevent the U.S. and South Korea from staging their drills following the week’s attack, requiring a compromise to avoid appearing weak before an increasingly nationalist and demanding Chinese public.

“The very recent developments put China in an awkward position,” said Jin Canrong, an international relations professor at Renmin University in Beijing. “China’s not pleased to see that, but it has to face it. So its immediate concern is to contain the crisis.”

U.S. military officials insisted Friday that the exercise scheduled for this weekend shouldn’t be interpreted as anything but an attempt to deter North Korea from further attacks on the South.

“This exercise is not directed at China,” said Capt. Darryn James, a Pentagon spokesman. “The purpose is to strengthen the deterrence against North Korea.”

U.S. officials on Friday said the Obama administration continues to focus its diplomacy in Northeast Asia on gaining China’s cooperation to exert more pressure on North Korea.

. . .

[In] a speech by [Secretary of State Hillary] Clinton[,] she said that the U.S. had a national interest in protecting freedom of navigation in the South China Sea. Ever since, China and the U.S. have been engaged in a tussle for influence in the region, where many Southeast Asian nations that have territorial disputes with China are looking to beef up defense relations with the U.S.

See http://online.wsj.com/article/SB10001424052748704008704575638420698918004.html

[15] The Los Angeles Times is reporting that the chairman of America’s Joint Chiefs of Staff said in Seoul that Beijing’s inaction gives tacit approval to its ally North Korea’s aggression:

The most senior U.S. military official delivered a sharp rebuke to China on Wednesday, blaming Asia’s top power for failing to rein in its North Korean ally in the escalating dispute over the fate of the Korean peninsula.

Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, blasted China for refusing to condemn North Korea over the Nov. 23 artillery barrage that killed four people on the South Korean island of Yeonpyeong. He spoke in Seoul, where he met with his South Korean counterpart in a public display of resolve to deter any North Korean aggression.

But Mullen directed some of his most pointed criticism at Beijing.

“The Chinese have enormous influence over the North, influence that no other nation on Earth enjoys,” said Mullen at a press conference at the South Korean Ministry of National Defense. “And yet, despite a shared interest in reducing tensions, they appear unwilling to use it.”

“Even tacit approval of Pyongyang’s brazenness leaves all their neighbors asking, ‘What will be next?’ ”

At the joint news conference Wednesday, Han Min-koo, South Korea’s own top commander, said that rules of engagement are being strengthened to allow commanders on the ground to fire back immediately in case of another North Korean attack.

. . .

“It is not just that China is turning a blind eye to what North Korea is doing, they are enabling North Korea,” [L. Gordon Flake, a Korea specialist with the Mansfield Foundation] said. ” China’s overt support for North Korea is blunting the effectiveness of diplomatic measures to curb their behavior.”

. . .

The U.S. administration has also signaled that it is not ready to return to the previous diplomatic path of the six-party talks, a position Mullen reiterated Wednesday.

“We first need an appropriate basis for the resumption of talks,” he said. “There is none so long as North Korea persists in its illegal, ill-advised and dangerous behavior. I do not believe we should continue to reward that behavior with bargaining or new incentives.”

See http://www.latimes.com/news/nationworld/world/la-fg-mullen-china-korea-20101209,0,6920379.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29

[16] See http://online.wsj.com/article/SB10001424052748704138604576029240348016046.html?mod=WSJ_hp_LEFTTopStories; see also http://online.wsj.com/article/SB10001424052702304879604575582343372934982.html?mod=WSJ_hp_LEFTTopStories (“A History of Korean Tensions”)

[17] Also, the Journal article stated:

With its Nov. 23 attack on Yeonpyeong Island and in statements since, North Korea has tried to effectively redraw a maritime border in the Yellow Sea that it has long disputed with South Korea. Four South Koreans, including two civilians, died in the attack.

North Korea claimed that waters around the island, into which South Korea has test-fired artillery since the mid-1970s, belong to it and that any South Korean military test amounts to an attack on its territory. South Korean officials insisted on continuing the drill on the island to assure that North Korea’s attack wouldn’t create a de facto change of its territory in the maritime border area.

. . .

North Korea’s statements caused more alarm in other countries than they did in South Korea, where North Korea’s rhetoric is part of the daily noise. Analysts in Seoul over the weekend noted that Pyongyang’s threats were issued by lower-level sources than the agencies affiliated with its dictator Kim Jong Il. As well, military officials said they saw no unusual preparations by the North’s military over the weekend.

As a result, no special precautions were ordered on South Korea’s mainland and in the capital city of Seoul, just 30 miles from the border, and business proceeded as usual Monday.

. . .

North Korea’s offer to restart international nuclear inspections may have less impact now after its announcement last month of a uranium enrichment program. When the North’s nuclear-weapons development work was confined to plutonium reprocessing, it was easy for inspectors to monitor.

But, analysts note the uranium program Pyongyang revealed last month is likely housed in multiple locations and easily hidden, making the inspections process less reliable as a means of holding North Korea to disarmament agreements.

See http://online.wsj.com/article/SB10001424052748703886904576031232770698532.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsForth

[18] See http://www.guardian.co.uk/world/2010/nov/29/wikileaks-cables-china-reunified-korea

[19] See http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/; see also http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/#comment-1170





Barack Obama Is A Lame-Duck President Who Will Not Be Reelected

3 12 2010

By Timothy D. Naegele[1]

Like former Presidents Jimmy Carter and Lyndon Johnson before him, in 1980 and 1968 respectively, Barack Obama will not be reelected in 2012.[2] The twin pincers of a domestic economy in the throes of the “Great Depression II”[3]—which economic historians will describe as such, or by using similar terms 20-40 years from now—and his failed Vietnam-like Afghan war[4] will seal his political fate.  Other factors will contribute mightily too, such as the perception that he is “out of touch” just as Jimmy Carter was; and that Obama is a silver-tongued, narcissistic “foreign born” demagogue who is un-American.[5] Perceptions often become reality, certainly in politics.

We are witnessing the end of Obama as a politician now.  The zenith of his presidency occurred with the enactment of ObamaCare, just as Hillary Clinton’s health care efforts marked the “high water mark” of her influence during Bill Clinton’s presidency.  Obama’s nadir is yet to come, but the 2010 mid-term election debacle represented an important milestone on the slippery downward slope of his presidency.  The domestic economy will get far worse; his Afghan war is a morass that seems unwinnable and inescapable; and national security issues loom—such as North Korea and Iran—which may prove “hazardous” at best.

Barack Obama is a failed politician whose “magic” has come and gone.  He is not merely a bad president. He may have the distinction of going down in history as one of the worst presidents that America has ever had, or perhaps the worst depending on what happens during the remainder of his term in office.  That he is presiding over a failed presidency is not in dispute. The only question becomes: how bad will things get for the American nation, its people and for him, before he leaves public office?[6] It is fair to surmise that we have only seen the tip of an enormous political, economic, social and national security “iceberg”—or nightmare—reminiscent of the one that the RMS Titanic struck in 1912.

It is not beyond the pale to believe that scandals will engulf Barack Obama’s presidency as more and more is learned about who he is and how he has governed, and what he and others in his administration have done during the time they have been entrusted with the presidency.[7] Barack Obama is no Bill Clinton: a “cat” with seemingly nine lives politically. He is a “mix” between Carter who was perceived as cerebral and out of touch, and Johnson who was viciously maligned and prevented from running for reelection.

When I was a young Army officer stationed at the Pentagon, before working on Capitol Hill, I remember bumper stickers on cars in the District of Columbia that asked: “Where is Lee Harvey Oswald now that we really need him?”—a reference to John F. Kennedy’s killer.  Johnson was hated, and such implied threats were real.  There are rising negative sentiments about Obama today, involving large numbers of Americans who are not racially prejudiced or merely disillusioned.  Indeed, two Democratic pollsters and advisers to Presidents Clinton and Carter respectively, Douglas E. Schoen and Patrick H. Caddell, wrote an important op-ed piece in the Washington Post recently, which stated:

[W]e believe Obama should announce immediately that he will not be a candidate for reelection in 2012.

. . .

[T]he president has largely lost the consent of the governed.  The [2010] midterm elections were effectively a referendum on the Obama presidency.[8]

However, his raving and overarching narcissism will likely drive his decision making to put his own perceived best interests ahead of the good of the country and his political party; and he will probably fight on to the bitter end.  More and more Americans are concluding that he does not deserve a second term in the White House.[9] Political pundit and former adviser to Bill Clinton, Dick Morris, argues that he will be challenged by both those on his left and right politically.[10]

Barack Obama is an unsuccessful “community organizer” from Chicago—and before that, Hawaii and Indonesia—who became a black man when it suited him, despite the ethnicity of his mother and her parents who nurtured him like no one else in his life.  The best of him, he has readily admitted, is what the three of them gave him; and clearly he cherishes their memories.[11] Yet, it is not such personal qualities that will determine his political fate.  Jimmy Carter was perceived as likable too.

With respect to the economy, we are in the midst of the “Great Depression II,” and there is nothing he can do about that fact.  The economic tsunami that former Federal Reserve Chairman Alan Greenspan unleashed has been rolling worldwide, with no end in sight. At most, government policies can affect it at the margins—because it will run its course, essentially oblivious to government intervention. Where and when it stops, no one knows; however, Obama’s actions to date have only made it worse.[12] His so-called “stimulus package” has done little or nothing to help the economy; and his reform of the financial markets is akin to shuffling deck chairs on the Titanic[13].

His signature legislation, ObamaCare, was opposed by a majority of the American people, but that did not stop Obama and House Speaker Nancy Pelosi from arrogantly shoving it down their throats, as if to say that the two of them knew what was best for their wards.  ObamaCare is likely to be a tragedy for Americans who need health care the most, such as senior citizens; and according to a Rasmussen Reports national telephone survey, 58 percent of American voters favor its repeal, while 37 percent are opposed.[14]

His policies with respect to Russia’s “dictator-for-life” Vladimir Putin are a travesty to say the least, which simply reflect his almost-total naïveté that is stunning—America’s “Hamlet” on the Potomac.  His negotiation and endorsement of the New START Treaty is a perfect example.[15] Also, he stood by helplessly while those Iranians who advocated freedom were tortured or killed.  His positive contributions with respect to peace between the Israelis and Palestinians are essentially nonexistent, at a critical juncture in the history of the Middle East.[16] And the list goes on and on.

Writing for Germany’s Der Spiegel, Klaus Brinkbäumer stated bluntly:

[N]obody in the US understands [the Afghan] war any more.  The conflict long ago ceased to be Bush’s war, and is now Obama’s.  Worse still, it will inevitably end with an inglorious withdrawal.  Why, then, should the US send in yet more troops?  Why spend $100 billion a year waging war when train stations and schools back home are falling to pieces, and the money would be better spent on other American projects and research?  Congress refuses to approve extra spending on renewing America: The money has already been spent.

. . .

The problem is simply that Obama is smaller than the promise he made, and tiny in comparison to the hopes an entire nation placed on him in 2008. There’s one thing that Barack Obama failed to do. That was his real failure, the big mistake he made, back when everything seemed possible.

. . .

[H]e didn’t even try.[17]

The fact is that Barack Obama is a professional politician and nothing more.  And Americans have come to loathe such creatures, not love them.  So “out of touch” is he that when the BP oil spill was polluting the Gulf of Mexico, Michelle Obama and their youngest daughter flew to Spain—and she was described as America’s “Marie Antoinette.”  More importantly, Obama is not fit to serve or govern, and he never has been.  He is a demagogue and a liar[18], and an embarassment to this great nation and its people.  He is incompetent[19]; and yes, he is evil.[20] Before his presidency ends, he is apt to do even more irreparable damage to our national security, our economy, and with respect to a whole host of critical areas.

He should be relieved of command, and end his political career with dignity like his former military commander in Afghanistan, General Stanley A. McChrystal.  This is what Democrat pollsters Schoen and Caddell have urged Obama to do.  The good General McChrystal, who was forced by Obama to resign his command, might be the first public official (or former-public official) to call for Obama’s resignation.[21] He knows, better than most people, about Obama’s ineptitude and recklessness with the lives of U.S. military personnel and America’s honor—which are at stake and on the line each and every day in Afghanistan and elsewhere around the world.

The fact that Obama named General David Petraeus to replace McChrystal as commander of American and NATO forces in Afghanistan, and that Petraeus was willing to accept the job and step down from his position as Commander of the U.S. Central Command—which oversees American military efforts in Afghanistan, Iraq, Pakistan, Central Asia, the Arabian Peninsula, and parts of Africa—speaks volumes about the character, talent, loyalty and integrity of Petraeus.  However, it does not change the verdict with respect to Obama and his failed presidency.

There is nothing positive about his administration or what he has done to date, nothing.  Despite projecting an upbeat, positive, personable image on the campaign trail, which enthused millions of voters and gave them hope, at best he has proved to be an “empty suit.”  If Americans read his book, “Dreams from My Father,” they will realize that his radical beliefs are in tune with Indonesia where he lived—or perhaps some other foreign country—but not with the United States.[22] The “change” he espoused has not been consistent with the beliefs and goals of mainstream American voters.

The critical words that General McChrystal and his staff spoke in a Rolling Stone interview[23] were true and needed to be said—even though lots of Americans might have preferred not to hear about the acrimony and dissension between our military and the Obama Administration.[24] We have a president who is a far-Left neophyte and wrong for America; and he is presiding over a presidency that almost surely will get dramatically worse with the passage of time.  And we have a lovable but utter buffoon for vice president, who is a pathological liar and the laughingstock of the world, and who makes former Vice President Spiro Agnew look brilliant by comparison.[25]

With respect to Afghanistan, at the same time that Obama announced the deployment of an additional 30,000 American troops, he said the U.S. would begin pulling out by July of 2011—just before his anticipated reelection campaign begins in earnest[26], and only one year after our forces will have been deployed fully.  If implemented, it would be tantamount to conceding the country to our enemies sometime in 2011; and it would result in the shedding of American blood and that of our allies for nothing, like Vietnam.

While Obama may be in the process of jettisoning that unrealistic timeline, his thought processes are not surprising because he is an anti-war politician who never served in the U.S. military, and he knows nothing about running a war.  His goals—which never refer to the possibility of “victory” in Afghanistan—are designed to appease his political soul mates and constituency, America’s anti-war far-Left.  He is focused on an “exit strategy” instead of winning.  He has not been successful at running anything, ever[27]; and it is unlikely that Afghanistan will be an exception.  Since when does a failed, anti-war, far-Left “community organizer” from Chicago, who was raised in Hawaii and Indonesia, know how to run a war, much less successfully?

Independents and Republicans helped elect Obama and Democrat candidates in 2008; and they  joined with “disenchanted” Democrats and members of the Tea Party movement in November of 2010 to produce an opposite result.  The combination of Afghanistan—which is apt to be Obama’s Vietnam—and growing economic problems may doom his presidency, just as similar issues converged to deny Lyndon Johnson’s reelection in 1968.  Like John F. Kennedy before him, who inspired so many people and caused legions to enter politics, Obama has feet of clay and is dashing Americans’ dreams and political fantasies.[28]

In the final analysis, it is increasingly clear that Obama is a fad and a feckless naïf, and a tragic Shakespearean figure who will be forgotten and consigned to the dustheap of history—unless he tragically alters the course of American history.  His naïveté is matched by his overarching narcissism; and he is more starry-eyed and “dangerous” than Jimmy Carter.  Indeed, it is likely that his presidency will be considered a sad and tragic watershed in history; and the American people are recognizing this more and more with each day that passes.[29] Hopefully he chooses to end his political career with dignity by not running for reelection in 2012, instead of continuing to drag this great nation down with him.[30]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g.www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama [Please note: the postings beneath this article are important as well]; see also http://naegeleblog.wordpress.com/2010/11/12/sarah-and-todd-palin-the-big-winners and http://naegeleblog.wordpress.com/2010/03/31/the-rise-of-independents/ and http://naegeleblog.wordpress.com/2010/09/01/the-speech—is-barack-obama-smoking-pot-again/ and http://naegeleblog.wordpress.com/2010/01/01/barack-obama-america’s-second-emperor/

[3] See, e.g., http://www.americanbanker.com/issues/173_212/-365185-1.html and http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html and http://www.philstockworld.com/2009/10/11/greenspan’s-legacy-more-suffering-to-come/ and http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/ and http://naegeleblog.wordpress.com/2010/04/23/is-financial-reform-simply-washingtons-latest-boondoggle/ and http://naegeleblog.wordpress.com/2010/05/16/will-the-eus-collapse-push-the-world-deeper-into-the-great-depression-ii/ and http://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally

[4] See, e.g., http://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president/ and http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/

[5] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[6] See, e.g., http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/

[7] In his book, “Dreams from My Father,” Obama wrote:

Junkie.  Pothead.  That’s where I’d been headed: the final, fatal role of the young would-be black man.

See Obama, “Dreams from My Father” (paperback “Revised Edition,” published by Three Rivers Press, 2004), p. 93; see also pp. 120, 270; http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/.

Regardless of whether he has taken illegal drugs or not since his college years, he is occupying our White House; and sooner or later, stories will trickle out about the time he has spent there.

[8] See http://www.washingtonpost.com/wp-dyn/content/article/2010/11/12/AR2010111202846.html; see also http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/#comment-974

[9] See http://www.quinnipiac.edu/x1295.xml?ReleaseID=1538; see also http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/#comment-999

[10] See http://www.dickmorris.com/blog/obama-may-face-left-wing-primary/; see also http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/#comment-968 and http://naegeleblog.wordpress.com/2010/11/12/sarah-and-todd-palin-the-big-winners/ (“[I]t is not beyond the pale to believe that two women might face off for the American presidency in 2012, Sarah Palin and Hillary Clinton, which would be historic!”)

[11] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ and Obama, “Dreams from My Father” (paperback “Revised Edition,” published by Three Rivers Press, 2004).

[12] Paul Krugman has written a New York Times’ article entitled, “The Third Depression,” which states:

Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31.

. . .

We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost—to the world economy and, above all, to the millions of lives blighted by the absence of jobs—will nonetheless be immense.

. . .

[T]he recession brought on by the financial crisis arguably ended last summer.

But future historians will tell us that this wasn’t the end of the third depression, just as the business upturn that began in 1933 wasn’t the end of the Great Depression.  . . .  [B]oth the United States and Europe are well on their way toward Japan-style deflationary traps.

See http://www.nytimes.com/2010/06/28/opinion/28krugman.html

This conclusion is consistent with the thesis of articles that I have written and interview responses that I have given; namely, we are in the midst of the “Great Depression II”—certainly in terms of the 20th and 21st Centuries—which will continue to unfold during at least the balance of this decade.  See infra n.3.

Krugman added:

As far as rhetoric is concerned, the revival of the old-time religion is most evident in Europe, where officials seem to be getting their talking points from the collected speeches of Herbert Hoover, up to and including the claim that raising taxes and cutting spending will actually expand the economy, by improving business confidence. As a practical matter, however, America isn’t doing much better. The Fed seems aware of the deflationary risks—but what it proposes to do about these risks is, well, nothing. The Obama administration understands the dangers of premature fiscal austerity—but because Republicans and conservative Democrats in Congress won’t authorize additional aid to state governments, that austerity is coming anyway, in the form of budget cuts at the state and local levels.

Why the wrong turn in policy? The hard-liners often invoke the troubles facing Greece and other nations around the edges of Europe to justify their actions. And it’s true that bond investors have turned on governments with intractable deficits. But there is no evidence that short-run fiscal austerity in the face of a depressed economy reassures investors. On the contrary: Greece has agreed to harsh austerity, only to find its risk spreads growing ever wider; Ireland has imposed savage cuts in public spending, only to be treated by the markets as a worse risk than Spain, which has been far more reluctant to take the hard-liners’ medicine.

It’s almost as if the financial markets understand what policy makers seemingly don’t: that while long-term fiscal responsibility is important, slashing spending in the midst of a depression, which deepens that depression and paves the way for deflation, is actually self-defeating.

So I don’t think this is really about Greece, or indeed about any realistic appreciation of the tradeoffs between deficits and jobs. It is, instead, the victory of an orthodoxy that has little to do with rational analysis, whose main tenet is that imposing suffering on other people is how you show leadership in tough times.

And who will pay the price for this triumph of orthodoxy?  The answer is, tens of millions of unemployed workers, many of whom will go jobless for years, and some of whom will never work again.

Amen.  Where I differ with Krugman is that his solution is more Keynesian governmental spending, with the goal of spending our way to prosperity.  As stated in articles that I have written and interview responses that I have given, the economic tsunami that Alan Greenspan unleashed has been rolling worldwide, with no end in sight.  At most, government policies can affect it at the margins—because it will run its course, essentially oblivious to government intervention.  Where and when it stops, no one knows.  Originally I predicted the 2017-2019 time frame, but it may take longer than that because of misguided and wasteful government “tinkering.”

In an editorial entitled, “The Keynesian Dead End,” the Wall Street Journal concluded that spending our way to prosperity is going out of style—and the editorial essentially rebuts the solution that Krugman recommended:

For going on three years, the developed world’s economic policy has been dominated by the revival of the old idea that vast amounts of public spending could prevent deflation, cure a recession, and ignite a new era of government-led prosperity. It hasn’t turned out that way.

. . .

The response at the White House and among Congressional leaders has been . . . Stimulus III. While talking about the need for “fiscal discipline” some time in the future, President Obama wants more spending today to again boost “demand.” Thirty months after [Obama economic adviser Larry] Summers won his first victory, we are back at the same policy stand.

The difference this time is that the Keynesian political consensus is cracking up. In Europe, the bond vigilantes have pulled the credit cards of Greece, Portugal and Spain, with Britain and Italy in their sights. Policy makers are now making a 180-degree turn from their own stimulus blowouts to cut spending and raise taxes. The austerity budget offered this month by the new British government is typical of Europe’s new consensus.

To put it another way, Germany’s Angela Merkel has won the bet she made in early 2009 by keeping her country’s stimulus far more modest. We suspect Mr. Obama will find a political stonewall this weekend in Toronto when he pleads with his fellow leaders to join him again for a spending spree.

Meanwhile, in Congress, even many Democrats are revolting against Stimulus III. The original White House package of jobless benefits and aid to the states had to be watered down several times, and the latest version failed again in the Senate late this week.  . . .  Mr. Obama is having his credit card pulled too—not by the bond markets, but by a voting public that sees the troubles in Europe and is telling pollsters that it doesn’t want a Grecian bath.

The Journal adds:

The larger lesson here is about policy. The original sin—and it was nearly global—was to revive the Keynesian economic model that had last cracked up in the 1970s, while forgetting the lessons of the long prosperity from 1982 through 2007. The Reagan and Clinton-Gingrich booms were fostered by a policy environment for most of that era of lower taxes, spending restraint and sound money. The spending restraint began to end in the late 1990s, sound money vanished earlier this decade, and now Democrats are promising a series of enormous tax increases.

Notice that we aren’t saying that spending restraint alone is a miracle economic cure. The spending cuts now in fashion in Europe are essential, but cuts by themselves won’t balance annual deficits reaching 10% of GDP. That requires new revenues from faster growth, and there’s a danger that the tax increases now sweeping Europe will dampen growth further.

President Obama’s tragic mistake was to blow out the U.S. federal balance sheet on spending that has produced little bang for the buck. . . .

With the economy in recession in 2008 and 2009, we argued that some stimulus was justified and an increase in the deficit was understandable and inevitable. However, we also argued that permanent tax cuts aimed at marginal individual and corporate tax rates would have done far more to revive animal spirits, and in our view would have led to a far more robust recovery. . . .

What the world has now reached instead is a Keynesian dead end. We are told to let Congress continue to spend and borrow until the precise moment when Summers and Mark Zandi and the other architects of our current policy say it is time to raise taxes to reduce the huge deficits and debt that their spending has produced. Meanwhile, individuals and businesses are supposed to be unaffected by the prospect of future tax increases, higher interest rates, and more government control over nearly every area of the economy. Even the CEOs of the Business Roundtable now see the damage this is doing.

A better economic policy will have to await a new Congress, which we hope at a minimum can prevent punishing tax increases. But for now the good news is that voters and markets are telling politicians to stop doing what hasn’t worked.

See http://online.wsj.com/article/SB10001424052748703615104575328981319857618.html?mod=WSJ_hp_mostpop_read

Thus, economic “thinkers” continue to flail around, while the Great Depression II takes its toll in terms of horrendous human suffering worldwide, with no end in sight.

[13] See http://naegeleblog.wordpress.com/2010/04/23/is-financial-reform-simply-washingtons-latest-boondoggle/

[14] See http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/health_care_law

[15] See, e.g.http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/ and http://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1014

[16] See, e.g.http://naegeleblog.wordpress.com/2010/02/20/israels-senseless-killings-and-war-with-iran/ [Please note: the postings beneath this article are important as well]

[17] See http://www.spiegel.de/international/world/0,1518,723814,00.html

[18] In his announcement with respect to McChrystal, Obama stated:

I don’t make this decision based on any difference in policy with Gen. McChrystal, as we are in full agreement about our strategy. Nor do I make this decision out of any sense of personal insult.

See http://blogs.wsj.com/washwire/2010/06/23/obama-on-mcchrystal-nothing-personal/

It has been said before, and it bears repeating, that if one wishes to watch Barack Obama lie, all one needs to do is watch his lips move.

[19] See, e.g., http://www.dickmorris.com/blog/2010/07/28/leaked-report-hurts-obama/#more-1230 (“Having already lost all Republicans and almost all independents, Obama is shedding Democrats these days.  . . .  [W]hile liberals have increasing reason to question Obama’s performance on their litmus-test issues, they also have increasing cause to wonder at his competence”).

[20] He is not evil in the sense of being the “antichrist,” as some would suggest, but evil in the sense of leading the United States in the wrong direction and having lied to the American people in the process of doing so.  As stated previously:

It has been said: “Jimmy Carter may be heading to #2 on the [list of] all-time worst presidents in American history, thanks to ‘O.’” This is an understatement.  When history is written, Barack Obama may be hated more than George W. Bush has been by the Democrats, more than Bill and Hillary Clinton have been hated by the Republicans, more than Nixon was hated by the Democrats, and even more than Johnson was hated by a broad swath of the American electorate . . . and the list goes on and on.  Obama may emerge as the most hated president in history.

See http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama

[21] With McChrystal’s military career at an end, there will be nothing to prevent him from lashing out at Obama and telling the truth (e.g., in memoirs released shortly before the 2012 presidential elections, which tell the unvarnished truth about Obama’s handling of the war in Afghanistan and sear Obama in explicit terms):

Obama seemed to suggest that McChrystal’s military career is over, saying the nation should be grateful “for his remarkable career in uniform” as if that has drawn to a close.

McChrystal left the White House after the meeting and returned to his military quarters at Washington’s Fort McNair.

See http://www.msnbc.msn.com/id/37866754/ns/us_news-military/

Former adviser to President Bill Clinton and political pundit Dick Morris adds:

Relieving the general of command sends a message that Obama is thin-skinned, arrogant, and easily offended.

Coming at the same time that the failure of the Obama Administration to clean up the oil spill in the Gulf is already rankling liberal voters, the McChrystal comments will add to their doubts about Obama. They already are against his decision to send additional troops there and have long believed that we should not be fighting in Afghanistan. By calling attention to how badly the war is going and the disarray in the president’s foreign policy apparatus, the McChrystal interview can only highlight and underscore these concerns and further dampen liberal enthusiasm for Obama.

Neither the oil spill nor the Afghan War will drive any liberals to vote for conservatives or induce Democrats to vote Republican. But they both will hold down Democratic turnout and reinforce cynicism about the Obama presidency on the left. Those initially attracted by Obama’s charisma will be driven away by these twin failures.

The Democratic Party is really a synthesis of environmentalists and peace advocates with a few gay rights activists and public employee unions thrown in. Now, Obama has alienated both the green and the anti-war segments of the party. And the continuing spillage from the Gulf oil well and from the General’s mouth will further damage his standing with his political base.

Whatever the fate of General McChrystal or of the American involvement in the war, the mounting casualty lists will drag down Obama’s prospects in November still further and depress his ratings in the days ahead.

See http://www.dickmorris.com/blog/2010/06/23/mcchrystals-attack-hurts-obamas-left-wing-base/#more-1096

[22] See http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

While some of his far-Left “true believers” may have read the book and agreed with his core beliefs, the majority of Americans did not; and they had no idea how much his future policies would differ from what they perceived as the mainstream views that he was espousing on the campaign trail.

[23] For example, the author Michael Hastings writes:

The general’s staff is a handpicked collection of killers, spies, geniuses, patriots, political operators and outright maniacs . . . , and they pride themselves on their can-do attitude and their disdain for authority.

. . .

[McChrystal] also set a manic pace for his staff, becoming legendary for sleeping four hours a night, running seven miles each morning, and eating one meal a day. (In the month I spend around the general, I witness him eating only once.) It’s a kind of superhuman narrative that has built up around him, a staple in almost every media profile, as if the ability to go without sleep and food translates into the possibility of a man single-handedly winning the war.

See “The Runaway General” by Michael Hastings, Rolling Stone (June 22, 2010), http://www.rollingstone.com/politics/news/17390/119236#

Barack Obama is quoted by the national media as having said that the article showed “poor judgment,” and that he wanted to talk with McChrystal before making any decision about whether he should remain the U.S. commander in Afghanistan.

See, e.g., http://www.politico.com/news/stories/0610/38837.html and http://online.wsj.com/article/SB10001424052748704853404575322354071542896.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsTop

While it was surprising that McChrystal gave the Rolling Stone any access, much less seemingly unfettered access to his innermost thoughts and beliefs—especially given the Rolling Stone‘s reputation—the fact is that he did, and he and his staff spoke their minds, and their words are now part of American history.

The article adds:

After arriving in Afghanistan last June, [McChrystal] conducted his own policy review, ordered up by Defense Secretary Robert Gates. The now-infamous report was leaked to the press, and its conclusion was dire: If we didn’t send another 40,000 troops—swelling the number of U.S. forces in Afghanistan by nearly half—we were in danger of “mission failure.” The White House was furious. McChrystal, they felt, was trying to bully Obama, opening him up to charges of being weak on national security unless he did what the general wanted. It was Obama versus the Pentagon, and the Pentagon was determined to kick the president’s ass.

. . .

Obama has quietly begun to back away from the deadline he set for withdrawing U.S. troops in July of next year. The president finds himself stuck in something even more insane than a quagmire: a quagmire he knowingly walked into, even though it’s precisely the kind of gigantic, mind-numbing, multigenerational nation-building project he explicitly said he didn’t want.

It is reminiscent of “Brer Rabbit And The Tar Baby,” and Afghanistan is becoming Obama’s “tar pit.”

See, e.g.http://en.wikisource.org/wiki/Uncle_Remus%3A_His_Songs_and_His_Sayings/The_Wonderful_Tar-Baby_Story

The article continues:

In private, Team McChrystal likes to talk shit about many of Obama’s top people on the diplomatic side. One aide calls Jim Jones, a retired four-star general and veteran of the Cold War, a “clown” who remains “stuck in 1985.” Politicians like McCain and Kerry, says another aide, “turn up, have a meeting with Karzai, criticize him at the airport press conference, then get back for the Sunday talk shows. Frankly, it’s not very helpful.” Only Hillary Clinton receives good reviews from McChrystal’s inner circle. “Hillary had Stan’s back during the strategic review,” says an adviser. “She said, ‘If Stan wants it, give him what he needs.’”

. . .

 

At one point on his trip to Paris, McChrystal checks his BlackBerry. “Oh, not another e-mail from [Special Representative to Afghanistan Richard] Holbrooke,” he groans. “I don’t even want to open it.” He clicks on the message and reads the salutation out loud, then stuffs the BlackBerry back in his pocket, not bothering to conceal his annoyance.

“Make sure you don’t get any of that on your leg,” an aide jokes, referring to the e-mail.

. . .

When it comes to Afghanistan, history is not on McChrystal’s side. The only foreign invader to have any success here was Genghis Khan—and he wasn’t hampered by things like human rights, economic development and press scrutiny.

. . .

The very people that [McChrystal's military strategy known as counterinsurgency, or] COIN seeks to win over—the Afghan people—do not want us there.  . . .  There is a reason that President Obama studiously avoids using the word “victory” when he talks about Afghanistan. Winning, it would seem, is not really possible. Not even with Stanley McChrystal in charge.

The media and politicians like Barack Obama said the same thing about George W. Bush’s—and David Petraeus’—”surge” in Iraq, and they were mistaken.

[24] The highly-respected Rasmussen polling organization found in results that were released on June 25, 2010:

Forty-seven percent (47%) of U.S. voters agree that it was appropriate for President Obama to fire America’s top commander in Afghanistan this week, according to a new Rasmussen Reports national telephone survey.

Thirty-six percent (36%) disagree and say the president should not have removed General Stanley McChrystal from his command. Another 17% are not sure.

Just 32%, however, believe it was appropriate for McChrystal to criticize the president and other top U.S. officials in an interview with Rolling Stone magazine. Fifty percent (50%) feel the general’s public comments were not appropriate. Nearly one-out-of-five voters (18%) are undecided.

Publication of that interview prompted the president to call McChrystal back to Washington and, during a private White House meeting, to accept his resignation. Obama then announced that General David Petraeus, who commanded U.S. troops in Iraq in 2007 and 2008, will take his place.

Forty-seven percent (47%) view the naming of Petraeus as the new top commander in Afghanistan as good for the U.S. war effort there. Only nine percent (9%) say it’s a bad move, while 30% think it will have no impact. Fourteen percent (14%) aren’t sure.

Voter confidence in the course of the war in Afghanistan has been falling in recent weeks. Just 41% of voters now believe it is possible for the United States to win the nearly nine-year-old war in Afghanistan. Thirty-six percent (36%) disagree and say it is not possible for America to win the war. Another 23% are not sure.

See http://www.rasmussenreports.com/public_content/politics/obama_administration/june_2010/47_support_obama_s_decision_to_fire_mcchrystal_36_oppose

[25] In an editorial entitled, “The Petraeus Hail Mary,” the Wall Street Journal pointed out the divisive effect that Biden has had with respect to American policies and their implementation in Afghanistan.  Biden has been a “loose canon,” who was fully capable of fabricating facts if not engaging in outright lies.

See http://online.wsj.com/article/SB10001424052748704629804575325073086949444.html?mod=WSJ_Opinion_LEADTop (“Mr. Obama said yesterday that no one individual is indispensable in war, but if any single person is, it is a President. Mr. Obama too often gives the impression of a leader asking, ‘Won’t someone rid me of this damn war?’”); see also http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/#comment-169

Former President Bill Clinton was reluctant to take on the military politically, and wisely so—much to the chagrin of his far-Left constituents, some of whom believe America does not need to be strong militarily.  As I have stated before: “America’s economic and military strength go hand in hand. Both are indispensable ingredients of our great nation’s future strength.”

See http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html

[26] If Obama’s presidency does not end before 2012, it is likely that he will not run for reelection, just as Truman declined to run in the midst of the Korean War, and Lyndon Johnson declined to run in the midst of the Vietnam War.

[27] See, e.g., http://dyn.politico.com/printstory.cfm?uuid=1FF04086-18FE-70B2-A8502AE14AB8C592 and http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[28] See, e.g., http://naegeleblog.wordpress.com/2010/10/04/john-f-kennedy-the-most-despicable-president-in-american-history/ and http://naegeleblog.wordpress.com/2010/03/20/ronald-reagan-and-john-f-kennedy-a-question-of-character

[29] Also, there is the issue of personal Obama family extravagances at the expense of U.S. taxpayers, especially at a time when so many Americans are suffering.  See, e.g.http://www.dailymail.co.uk/news/worldnews/article-1298063/Michelle-Obama-takes-daughter-Sasha-Spanish-getaway–leaves-birthday-boy-Barack-behind.html (“Michelle Obama is set to holiday with daughter Sasha on Spain’s Costa del Sol.  . . .  Mrs Obama . . .  has reserved 30 rooms at a five-star hotel”)

[30] Lyndon Johnson chose not to run for reelection in 1968; and Obama advised New York Congressman Charles Rangel to end his political career with dignity as well.  Hopefully he follows his own advice.

See http://www.politico.com/blogs/bensmith/0710/Obama_Time_for_Rangel_to_end_career_with_dignity.html





The Economic Tsunami Continues Its Relentless And Unforgiving Advance Globally

27 09 2010

By Timothy D. Naegele[1]

The Wall Street Journal has an article about the EU entitled, “Currency Union Teetering, ‘Mr. Euro’ Was Forced to Act,” which is worth reading and reflecting on seriously.[2] It represents an excellent discussion of what has happened in the past.  However, its conclusions are sobering and ominous:

[F]our months later, the root causes of the Greek crisis remain: There is no central authority to even coordinate national tax-and-spending policies.

In the past month, financial markets have turned their sights on Ireland and Portugal. Doubts remain over the solvency of banks on Europe’s stricken fringe. That leaves them dependent on [the European Central Bank president Jean-Claude Trichet]‘s largesse, in the form of “temporary” lending facilities introduced by the ECB when the crisis first hit.

Despite Mr. Trichet’s assurances that the bond-buying program is a stop-gap, it not only continues but has also increased in recent weeks—with no end in sight.

Put succinctly, Europe is still on the brink. It is foolish to believe otherwise. The “green shoots” that have appeared recently are an “illusion” and merely a brief respite in the midst of a maelstrom, which economic historians will describe as the “Great Depression II” (or by some similar name) 20-40 years from now.

Americans and their counterparts around the world have lost faith in their governments, and rightly so[3]; and the governments have come closer to exhausting all of their viable economic options. As this becomes increasingly clear, and as governments thrash about trying to find solutions that do not exist, and as politicians continue to lie—which after all is what they are most proficient at doing—the economic tsunami will continue to take its toll and run its course worldwide during the balance of this decade.

It will get very ugly, economically, socially and politically. Barack Obama will be swept out of office in the United States, and this process has begun already. It will accelerate with November’s elections. He is caught in the twin pincers of an economy in decline that he cannot influence except negatively, and an Afghan war that cannot be won. Republicans and Independents do not support him now; and his own Democrats are deserting him.

The slippery slope out the White House door will follow, like it did for Lyndon Johnson prior to the presidential election of 1968, when the political consequences of the Vietnam war made him unelectable.  Obama will return either to Chicago or Honolulu to lick his wounds and set up his presidential library, and assume an “elder statesman” role—similar to Bill Clinton—after only one term in office.

The efforts of Jean-Claude Trichet, or “Mr. Euro,” will prove similar to measures undertaken to put Humpty Dumpty back together again.  Trichet is not “Superman,” and he will lack the necessary skills; and the policy options will have been exhausted. Panics may ensue in the financial markets; and the recent crises may seem like child’s play by comparison to what is coming. The “Band-Aids” that Trichet, America’s Federal Reserve Chairman Ben Bernanke and others applied will be ripped asunder as the economic tsunami continues its relentless and unforgiving advance globally.[4]

Hold on tight. It is apt to get very ugly. The euro zone will unravel, which is likely to be a relatively small but critical part of what will be happening worldwide; and financial turmoil will engulf the euro-zone nations. There will be nobody of consequence in charge economically or politically in the United States or other countries. And the human suffering and chaos will be unfathomable.[5] Throw military and national security issues into the mix, and the results may be explosive.

 

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.comand http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., http://www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://www.naegele.com/documents/CurrencyUnionTeeteringMr.EuroWasForcedtoAct.pdf; see also http://online.wsj.com/article/SB10001424052748703467004575464113605731560.html?mod=WSJ_hps_MIDDLETopStories

[3] See, e.g., http://naegeleblog.wordpress.com/2010/09/24/washington-is-sick-and-the-american-people-know-it/

[4] See also http://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president/ and http://naegeleblog.wordpress.com/2010/05/16/will-the-eus-collapse-push-the-world-deeper-into-the-great-depression-ii/

[5] See also http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/#comment-750 and http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/#comment-745





Washington Is Sick And The American People Know It

24 09 2010

By Timothy D. Naegele[1]

Peggy Noonan, a former presidential speechwriter for Ronald Reagan, pens regular columns for the Wall Street Journal.  In her latest, she states:

This [November's] election is more and more shaping up into a contest between the Exhausted and the Enraged.[2]

Amen . . . and Barack Obama and his Democrats know it.  Their supporters are exhausted, disillusioned and demoralized; and many are angry at his policies such as the Afghan War.[3] His detractors and opponents are angry, livid, galvanized and motivated; and they consist of Republicans, Independents[4] and disenchanted Democrats, some of whom are part of the Tea Party movement.

The handwriting is on the wall—and the blood is in the water—that he is likely to be a one-term president.  White House chief of staff Rahm Emanuel is rumored to be leaving; and Obama brain truster David Axelrod will be too, probably sometime next year.  Top economic adviser Larry Summers is departing; and the list goes on and on.  While there is generally attrition in any White House staff because of the long hours and staggering workloads and pressures on families, these departures can be viewed as “rats leaving a sinking ship.”

Noonan cites Congresswoman Marsha Blackburn of Tennessee as saying prophetically:

The more [voters] know, the less they like Washington.

At long last, the light is shining through.  The innate wisdom of the American people is in the process of being heard and felt.

When I left Capitol Hill after working there for three and a half years, there was one four-letter word that stood out in my mind, and it still does today: “S-I-C-K.”  I vowed that neither of my kids would ever work there.  I had seen raving narcissists and demagogues who were not nice people—and equaled or surpassed those in Hollywood where I had grown up.

I saw senators and congressman chasing and bedding female staffers between the ages of about 22-26, and wrecking their lives in the process.  When the women reached about 28, they were considered “over the hill,” and a new batch of fresh young faces would replace them.  I saw attractive young female staffers flock to the politicians like groupies are attracted to rock stars and other celebrities.  I saw lobbyists providing women for sex to important committee chairmen.

I saw power trips that were way out of proportion to the actual power wielded.  I saw senators and members of Congress pontificate on empty chamber floors, and pass legislation that often did not help anyone, but merely “congested” and “polluted” government for both the regulators and public alike.  Laws were put on the books almost ceremoniously to display motion and activity, even if they were truly bad laws that made little or no good sense—and none were ever taken off the books.  Programs were still being funded even though they had outlived their usefulness years if not decades before.

I saw lobbyists literally run Washington, because they had the skills and knowledge that the politicians did not have.  House staffs were small unless the member had seniority.  Hence, the input of lobbyists was essential to the passage of legislation.  They wrote it; and they got it passed and their clients benefited; and somehow—by hook or by crook—the politicians benefited financially or in other ways.  It was dirty, but those participating simply looked the other way.

In short, the American people, God love them, are waking up bigtime to the mess that is Washington, D.C.—a corrupt, politically-polarized toxic city.  Throw in the present economic problems that this country has not experienced since the Great Depression, which will be with us through at least the end of this decade[5], as well as Obama’s no-win Afghan War and other national security worries[6], and he and his Democrats are potentially in for a very rough ride.  Like Lyndon Johnson in 1968, it is doubtful whether Obama will be able to run in 2012, much less be reelected.[7]

Noonan cites the role of women in the coming election, and the fact they are worried about how the economy has been taking an enormous toll on their families, which will only get much much worse.  She quotes Rep. Blackburn as saying: “I look at this year as the Rage of the Bill-Paying Moms.”  Amen to that too . . . or as Sarah Palin calls them: the “Mama Grizzlies.”  And most of us know that those who are wise never mess with a mother Grizzly.

The chickens are coming home to roost in America, at least economically and politically.  Hold on tight.  It is apt to get very ugly.[8]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., http://www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://www.naegele.com/documents/TheEnragedvs.theExhausted.pdf

[3] See, e.g., http://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president and http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/

[4] See, e.g., http://naegeleblog.wordpress.com/2010/03/31/the-rise-of-independents/

[5] See, e.g., http://www.americanbanker.com/issues/173_212/-365185-1.html and http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii and http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html and http://www.philstockworld.com/2009/10/11/greenspan%E2%80%99s-legacy-more-suffering-to-come/

[6] See, e.g.http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/

[7] See, e.g.http://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president/ and http://naegeleblog.wordpress.com/2010/09/01/the-speech—is-barack-obama-smoking-pot-again/ and http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/ and http://naegeleblog.wordpress.com/2010/01/01/barack-obama-america’s-second-emperor/ and http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/ and http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[8] The Washington Post’s Charles Krauthammer has fine article about the Tea Party movement and the likely tsunami that will engulf Obama and the Democrats, which is worth reading too.  Among other things, he points out that in the bellwether state of Ohio, former President George W. Bush is preferred over Barack Obama by 50 percent to 42 percent.

See http://www.washingtonpost.com/wp-dyn/content/article/2010/09/23/AR2010092304746.html and http://www.publicpolicypolling.com/pdf/PPP_Release_OH_901.pdf





Are Afghanistan, Iraq And Pakistan Hopeless, And Is The Spread Of Radical Islam Inevitable, And Is Barack Obama Finished As America’s President?

9 09 2010

By Timothy D. Naegele[1]

Arnaud de Borchgrave—editor at large of The Washington Times and of United Press International—has written another brilliant and very sobering article entitled, “Playing with fire,” which is worth reading and reflecting on.[2] In it, he states:

Unless [Gainesville, Florida Pastor Terry Jones, who decided to mark the ninth anniversary of 9/11 by proclaiming "International Burn a Koran Day,"] canceled his Koran book burning . . . , Christians throughout the world’s 1.2 billion-strong Muslim nations and Muslim communities would suddenly feel threatened. Those who converted from Islam to Christianity would be prime targets.

I will always remember the senseless killing of film director Theo van Gogh, who was the great-grandson of Theo van Gogh, the brother of the famous painter Vincent van Gogh.[3] I vehemently disagree with a burning of the Koran or the Bible.  However, is the Western world and culture going to be intimidated by and held hostage to the radical followers of Islam?  Is this “The Clash of Civilizations” that political scientist Samuel P. Huntington and former President Richard M. Nixon were concerned about?[4] Will Westerners be forced to subjugate their beliefs on the subject of Islam and Islamic terrorists, to the will of Islamic fanatics?  I think not.

Arnaud de Borchgrave adds:

Even if a superannuated preacher canceled the public burning of the Koran, the damage had already been done.

Yes, it would appear so.  Humpty Dumpty has fallen off the wall already.

Next, de Borchgrave notes:

NATO members pledged 2,796 trainers [to Afghanistan] but only 500 showed up. The NATO bureaucracy in Brussels couldn’t make it happen, according to one U.S. officer involved in the program. Most NATO countries are steadily reducing their defense budgets.

This is ominous.  Among other things, Germany’s “vaulted” military has been a paper tiger for years, in actuality.  Also, it seems that all of Europe will be weak, which might foretell America’s military future too—certainly if Obama were to get a second term in office, which is unlikely.

Lastly, de Borchgrave compares the collapse of the South Vietnamese army with that of the Afghan army, and describes the hopelessness of America’s Afghan adventure.  While there are certainly parallels between Vietnam and Afghanistan, the stakes are even higher now with a nuclearized Pakistan next door.

If Obama cuts and runs from Afghanistan, the war’s failure will be hung around his neck politically like Vietnam was hung around Lyndon Johnson’s neck.  It prevented Johnson from running for reelection in 1968; and the same thing might be true of Obama as the presidential election of 2012 approaches.  The foremost concern, however, is America’s position in the world and that of our military, which has been so brilliant in recent years.

Enormous amounts of money are being spent on the Afghan war—while the country’s GDP is a mere fraction of that amount—which seems absurd.  Also, there is no al Qaeda presence worth mentioning in Afghanistan today.  And even if the Taliban were to return to power, it is not likely to invite al Qaeda back to its former safe havens. After all, the Taliban lost Afghanistan because of al Qaeda and 9/11.  Thus, why should anyone care whether the Afghans’ future is led by men who feel more comfortable living in prior centuries?  The answers are complex but clear.

Afghan women and their supporters around the world care deeply.  Afghan women will suffer greatly if the Taliban return to power.  Americans and our NATO allies would become parties to the process of turning back the clock once again, and subjugating Afghan women and destroying their lives and any hopes for the future.  The plight of women in Afghanistan is something that America has been addressing, with the help of former First Lady Laura Bush and others.

Also, a Taliban takeover of Afghanistan would be another step in the process of spreading Islam beyond the region, and destabilizing Pakistan, thereby potentially unleashing its nuclear arsenal on the world (e.g., for terrorists to buy and sell weapons-grade materials, at the very least).

Some Americans argue that Iraq is hardly a U.S. geopolitical success story, because it cost America enormous monetary and human treasures to get rid of Saddam Hussein, who—it is argued—was our best defense against Iran; and that Baghdad today has less electricity, among other services.  I was against our Iraqi “adventure,” primarily because I believed Saddam had WMDs, which he would not hesitate to use against our military, just as he had used them against the Iranians and the Kurds.  Also, I believed we were “fronting” for Israel, and doing its dirty work, which some people (such as former UN Ambassador John Bolton) are arguing we should be doing right now vis-à-vis Iran, which is madness.

However, the “surge” worked, which George W. Bush, General David Petraeus and Senator John McCain championed; and at least Iraqis have a real chance to build a viable and stable democracy.  I agree with the Wall Street Journal’s assessment that was contained in an editorial prior to Barack Obama’s recent speech to the American people concerning Iraq:

The U.S. kept hundreds of thousands of troops in Germany for decades after World War II, and it still has tens of thousands in South Korea and Japan. It would be a tragedy if after seven years of sacrifice, the U.S. now failed to assist Iraqis as they try to build a federal, democratic state in an often hostile neighborhood.[5]

I agree too with the assessment that Iraq and Afghanistan together will probably be Obama’s undoing unless the American economy does it first.  They are all running neck and neck, but my betting is on the economy.  It will be sinking even farther during the balance of this decade, despite occasional “green shoots” appearing—which is similar to what happened during the last Great Depression.

The economy and the wars will be Barack Obama’s undoing, if something more tragic does not define his presidency (e.g., assassination, an EMP Attack), which I hope and pray never happens.[6]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., http://www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://www.upi.com/Top_News/Analysis/2010/09/08/Commentary-Playing-with-fire/UPI-32611283952855/

[3] See, e.g.http://en.wikipedia.org/wiki/Theo_van_Gogh_(film_director)#Assassination

[4] See, e.g.http://en.wikipedia.org/wiki/The_Clash_of_Civilizations

[5] See http://www.naegele.com/documents/ThePresidentonIraq-WSJ.com.pdf and http://naegeleblog.wordpress.com/2010/09/01/the-speech—is-barack-obama-smoking-pot-again/

[6] See also http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/ and http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/ and http://naegeleblog.wordpress.com/2010/01/01/barack-obama-america’s-second-emperor/ and http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/ and http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/ and http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/





The Speech—Is Barack Obama Smoking Pot Again?

1 09 2010

By Timothy D. Naegele[1]

As Barack Obama wrote in his biography, “Dreams from My Father”:

Junkie.  Pothead.  That’s where I’d been headed: the final, fatal role of the young would-be black man.[2]

Is he using again . . . or is he simply pathetic and a bad joke?  In his televised speech to the American people, he announced that “all U.S. troops will leave [Iraq] by the end of next year.”[3] This artificial deadline may snatch defeat from the jaws of victory; and if so, the anti-war, far-Left Obama will be responsible personally.  Among other things, Iraq is still without a coalition government months after its election, and political compromise remains elusive.[4]

The Wall Street Journal was correct when it stated in an editorial prior to the speech:

The U.S. kept hundreds of thousands of troops in Germany for decades after World War II, and it still has tens of thousands in South Korea and Japan. It would be a tragedy if after seven years of sacrifice, the U.S. now failed to assist Iraqis as they try to build a federal, democratic state in an often hostile neighborhood.[5]

He is bringing our troops home to no jobs, or to poor jobs with little or no financial security once they leave the military.  Obama’s central responsibility as president—which is true of all presidents—is to protect the United States and the American people against our enemies.  It is not, as Obama stated, to put the millions who have lost their jobs back to work.  This is the task of private enterprise, not any “big brother” government.

International terrorism and other very real national security concerns still loom, which might produce flashpoints at any time. We have enemies who seek to destroy us—a fact that seems to escape Obama[6], and is sometimes forgotten by many Americans as 9/11 recedes in our memories. While it might be attractive for the president and the Democrats to take a “meat ax” to the Defense Department, it would be foolhardy to gut our military precisely when it has been performing magnificently and its continued strength is needed most.

America’s economic and military strength go hand in hand. Both are indispensable ingredients of our great nation’s future strength.  Obama is naïve and out of touch with reality—almost as much as Joe Biden, which is scary.  He spoke of “record deficits,” but failed to mention that he created them; and he is pandering to the American people (aka his far-Left constituency) in the hopes that the approaching political “blood bath” in November’s elections will not materialize.

At best, it is wishful thinking, devoid of attachments to reality, because a political tsunami is building that may engulf Obama, House Speaker Nancy Pelosi and their minions.  America and other nations are in uncharted waters; and their politicians may face backlashes from disillusioned and angry constituents that are unprecedented in modern times.

The facts are that we are in the midst of the “Great Depression II,” and there is nothing that Obama can do about it, except to make things worse.  It will run its course, probably toward the end of this decade—although it has been suggested that it might take a generation.  Between now and then, the carnage in America and worldwide will be mind-boggling.[7]

Also, Obama is caught in the “tar” of his Afghan war.[8] Secretary of Defense Robert Gates has noted that the full complement of additional troops ordered to Afghanistan by the president is only now arriving.[9] However, when President Obama announced the deployment of an additional 30,000 American troops to Afghanistan, he said the U.S. would begin pulling out by July of 2011—just before his reelection campaign might begin in earnest, which is a recipe for defeat.

It is a political decision, and tantamount to conceding the country to our enemies sometime next year.  Obama is apt to be a one-term president who is unable to run for reelection, like Lyndon Johnson in 1968.  No amount of flowery rhetoric or contrived puffery by the president will change these facts.

Throw in the Tea Party movement, as well as a majority of Americans who support the wholesale repeal of ObamaCare—and other crises to come—and the president is engaged in “Mission Impossible,” or certainly close to it.  He can give all of the speeches he wants, until the cows come home, but they are unlikely to make any appreciable difference.  His goose is cooked, and the following observation may prove to be prophetic:

Jimmy Carter may be heading to #2 on the [list of] all-time worst presidents in American history, thanks to “O.”[10]

This may be an understatement.  If our “victory” in Iraq is lost, Obama will be blamed.  If we “lose” in Afghanistan, Obama will be blamed.  If America’s economy does not return to robust health—which it will not during the balance of his presidency—he will be blamed.  The bloom is off the rose of his presidency.  It is long gone.  If November is a disaster for the Democrats and Obama, he may be perceived as a lame-duck president in short order.  Among other things, Hillary and Bill Clinton and their minions (e.g., James Carville) may be “gunning” for him.

What will be clear, crystal clear, is that Obama was the wrong man for the presidency.  He had feet of clay, which he and his handlers hid from the American people—before he was elected.  He was a fad and a feckless naïf, and a tragic Shakespearean figure who will be forgotten and consigned to the dustheap of history.  His naïveté was matched by his overarching narcissism; and he was more starry-eyed and “dangerous” than Jimmy Carter.  In the final analysis, his presidency is likely to be considered a sad watershed in history.

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the U.S. Senate Banking Committee, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass), the first black senator since Reconstruction after the U.S. Civil War.  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates (www.naegele.com).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years.  See, e.g., www.naegele.com/whats_new.html#articles

[2] See Obama, “Dreams from My Father” (paperback “Revised Edition,” published by Three Rivers Press, 2004), p. 93; see also pp. 120, 270; http://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist

[3] See, e.g., http://blogs.wsj.com/washwire/2010/08/31/text-of-obamas-remarks-on-iraq/

[4] See, e.g.http://online.wsj.com/article/SB10001424052748703467004575463563467541850.html?mod=WSJ_hps_sections_news

[5] See http://www.naegele.com/documents/ThePresidentonIraq-WSJ.com.pdf

[6] See, e.g.http://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/

[7] See http://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii; see also http://www.americanbanker.com/issues/173_212/-365185-1.html and http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html and http://www.philstockworld.com/2009/10/11/greenspan’s-legacy-more-suffering-to-come/

[8] See http://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start; see also http://en.wikisource.org/wiki/Uncle_Remus%3A_His_Songs_and_His_Sayings/The_Wonderful_Tar-Baby_Story

[9] See http://online.wsj.com/article/SB10001424052748703467004575463563467541850.html?mod=WSJ_hps_sections_news

[10] See http://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama








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