The Obama Great Depression

16 01 2016

 By Timothy D. Naegele[1][2]

Soon after the presidency of Barack Obama began—on April 8, 2009—the  McClatchy-Tribune News Service published an article of mine entitled, “Euphoria or the Obama Depression?”[3]  In it, I wrote:

Barack Obama is euphorically optimistic, but neither he nor the leaders of other countries can hold back an economic tsunami, just as mankind is helpless to stop the wrath of natural tsunamis in the oceans.

. . .

According to the Rasmussen Reports, most Americans—53 percent, in fact—believe the United States is at least somewhat likely to enter a 1930s-like Depression within the next few years. If so, the repercussions are unfathomable.

. . .

Years from now, economic historians may look back at this era and conclude that the world’s central bankers were overwhelmed and Depression-era “safety nets” did not work; and global market forces ultimately determined the depth and duration of the economic meltdown, not the politicians in Washington or anywhere else.

The tsunami that was released when the housing bubble finally burst may not run its course until about 2017-2019; and its effects will be devastating worldwide. There are no legislative solutions or quick fixes to the problems. The carnage between now and 2019 will approximate the Great Depression. . . .

. . .

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.

It is interesting to reflect on these comments and others contained in the article, as well as those in an companion article that I wrote for the American Banker—the daily newspaper of the U.S. banking industry—and in an interview that I gave on these subjects.[4]  Today, it is as though the economies of individual countries are “careening,” creating a “cascading” effect.

This is not 2008 all over again. It may be much worse, even eclipsing the Great Depression of the last century.  A “perfect storm” has been gathering for a long time now; and when it hits with its full force and fury, 2008 may seem like a “blip” by comparison.  America’s Fed and the other central banks of the world will be overwhelmed; Depression-era “safety nets” will not make any difference; and panics may ensue.

The biggest worry in Washington for many years has been that there would be runs on the big funds, which are uninsured, and that a “liquidity crisis” of unfathomable proportions would occur—which would be unstoppable.  Americans and people of other countries have lost trust in their governments, which will only compound the problems.

Hold on tight. Things will get very scary between now and the end of this decade.[5]  Whatever happens will be attributable principally to Barack Obama’s failed presidency.  Indeed, there are so many tragedies he has spawned that it is impossible to do justice to each of them in a short article like this one.

For example, he has set back race relations in the United States by years if not decades. He has been a divider, not a healer.[6]  With respect to his so-called major policy “accomplishments”—such as Obamacare, limited gun control, and the Paris man-made “global warming” accords—they can and probably will be undone by executive orders on Day One when the next American president takes office less than a year from now.  Americans are clamoring for this to happen.[7]

Obama may go down as the worst president in American history, even eclipsing Jimmy Carter, which is a remarkable feat unto itself.  History may record that Obama became a “transformative” or revolutionary president, which is not what the majority of Americans wanted. Perhaps because he was not raised on the U.S. mainland, his perspective is not that of most Americans . . . even blacks.[8]

With the global economy imploding, and Obama being an impediment to the U.S. growth that has occurred, his place in American economic history may rank next to or below that of Herbert Hoover.

Today, Barack Obama is like a minstrel wandering the land, with respect to whom no one will listen.

© 2016, Timothy D. Naegele

Obama-gone

_______________________________________________

[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 and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/documents/TimothyD.NaegeleResume.pdf). 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 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] Note: This article is an expansion of earlier articles and comments at this blog.  See, e.g., https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/ (“The Economic Tsunami Continues Its Relentless And Unforgiving Advance Globally”) (see all of the comments beneath it) and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/#comment-8016 (“Barack Obama: A Failed American Presidency”) and https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-8011 (“Helter Skelter Is Arriving With A Thud, Sell Everything”) and https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-7614 (“Doomsday Clock For Global Market Crash Strikes One Minute To Midnight As Central Banks Lose Control“) and https://naegeleblog.wordpress.com/2012/02/07/poverty-in-america/#comment-7646 (“The Surging Ranks Of America’s Ultrapoor”) and  https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-8006 (“The EU’s Collapse In 2016?“) and https://naegeleblog.wordpress.com/2015/07/01/global-chaos-and-helter-skelter/ (“Global Chaos And Helter Skelter”)

[3]  This article has been republished by RealClearPolitics, and can be found at the links that follow.

See http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html (“Euphoria or the Obama Depression?”) and http://www.naegele.com/documents/Commentary-EuphoriaortheObamaDepression.pdf (“Commentary: Euphoria or the Obama Depression?

[4]  See http://www.americanbanker.com/issues/173_212/-365185-1.html and http://www.naegele.com/documents/GreenspansFingerprints.pdf (“Viewpoint: Greenspan’s Fingerprints All Over Enduring Mess”); see also http://marketshadows.com/2012/05/21/greenspans-legacy-more-suffering-to-come/ and http://seekingalpha.com/instablog/2951-market-shadows/31177-interview-with-timothy-d-naegele and http://www.naegele.com/documents/InterviewwithTimothyD.Naegele-ilene–SeekingAlpha.pdf (“Greenspan’s legacy: more suffering to come”)

[5]  Not factored into these comments explicitly are the effects of (1) the terrorist strikes on Paris and elsewhere in the world; (2) the immigration issue that is tearing Europe and the Middle East apart; (3) the military implosion that is taking place in the Middle East, with much worse yet to come; and (4) the effects of our adversaries (e.g., China, Russia, North Korea, Iran) on peace, and on the American and global economies.

See, e.g., https://naegeleblog.wordpress.com/2015/11/20/we-are-all-parisians/ (“We Are All Parisians”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/ (“EMP Attack: Only 30 Million Americans Survive”) and https://naegeleblog.wordpress.com/2015/11/29/the-death-of-putin-and-russia-the-final-chapter-of-the-cold-war/ (“The Death Of Putin And Russia: The Final Chapter Of The Cold War”) and https://naegeleblog.wordpress.com/2011/01/13/china-is-americas-enemy-make-no-mistake-about-that/ (“China Is America’s Enemy: Make No Mistake About That”) and https://naegeleblog.wordpress.com/2010/12/22/the-next-major-war-korea-again/ (“The Next Major War: Korea Again?”) and https://naegeleblog.wordpress.com/2009/12/28/human-trafficking/ (“Human Trafficking”) and https://naegeleblog.wordpress.com/2015/12/06/islamophobia-is-un-american/ (“Islamophobia Is Un-American”) and https://naegeleblog.wordpress.com/2015/12/31/is-israel-doomed/ (“Is Israel Doomed?”)

[6]  See, e.g.https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/#comment-8016 (“Barack Obama: A Failed American Presidency”)  and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ (“Is Barack Obama A Racist?”)

[7]  See, e.g., https://naegeleblog.wordpress.com/2015/11/30/a-34-trillion-swindle-the-shame-of-global-warming/ (“A $34 Trillion Swindle: The Shame Of Global Warming”) and https://naegeleblog.wordpress.com/2012/12/20/abortions-and-autos-kill-more-in-america-than-guns/ (“Abortions And Autos Kill More In America Than Guns”)

[8]  See, e.g., https://naegeleblog.wordpress.com/2015/01/03/edward-w-brooke-is-dead/#comment-7434 (“Disappointment In Obama Leads Some Blacks To Ask Whether Voting Is Worth It”)





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 https://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 https://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., https://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., https://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 https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

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

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





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.https://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 https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1014: see also https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1167 and https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1245

[8] See https://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.https://naegeleblog.wordpress.com/2010/04/15/problems-with-foreign-adoptions/; see also https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-348 and https://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 https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-824

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

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





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 https://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama [Please note: the postings beneath this article are important as well]; see also https://naegeleblog.wordpress.com/2010/11/12/sarah-and-todd-palin-the-big-winners and https://naegeleblog.wordpress.com/2010/03/31/the-rise-of-independents/ and https://naegeleblog.wordpress.com/2010/09/01/the-speech—is-barack-obama-smoking-pot-again/ and https://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 https://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/ and https://naegeleblog.wordpress.com/2010/04/23/is-financial-reform-simply-washingtons-latest-boondoggle/ and https://naegeleblog.wordpress.com/2010/05/16/will-the-eus-collapse-push-the-world-deeper-into-the-great-depression-ii/ and https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally

[4] See, e.g., https://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 https://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/

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

[6] See, e.g., https://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; https://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 https://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 https://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 https://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/#comment-968 and https://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 https://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 https://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.https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/ and https://naegeleblog.wordpress.com/2010/02/09/russias-putin-is-a-killer/#comment-1014

[16] See, e.g.https://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 https://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 https://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 https://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 https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[28] See, e.g., https://naegeleblog.wordpress.com/2010/10/04/john-f-kennedy-the-most-despicable-president-in-american-history/ and https://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





Israel’s Senseless Killings And War With Iran

20 02 2010

By Timothy D. Naegele[1]

Former Vice President Dick Cheney criticized presidential aspirant Sarah Palin recently for irresponsibly engaging in war-mongering with respect to Iran.  He took issue with Palin’s suggestion that President Obama could help himself politically if he declared war on Iran.

“I don’t think a president can make a judgment like that on the basis of politics,” Cheney said. “The stakes are too high, the consequences too significant to be treating those as simple political calculations. When you begin to talk about war, talk about crossing international borders, you talk about committing American men and women to combat, that takes place on a plane clear above any political consideration.”[2]

Regrettably, the Wall Street Journal did exactly the same thing as Palin, in an editorial entitled, “Obama and Iran.”[3] Its editors fell into the trap of carrying water for Prime Minister Benjamin Netanyahu, who is possibly the most dangerous and irresponsible leader that Israel has ever had.

When Israel engages in targeted killings in Dubai and elsewhere[4], and adopts “an eye for an eye, a tooth for a tooth” approach, its enemies around the world are emboldened to respond in kind or worse. In turn, this puts innocent Israelis at risk whenever they travel outside of Israel; and it potentially begets violence against innocent Jews everywhere in the world.  It is so senseless, yet it garners headlines for Mossad—Israel’s national intelligence agency—and makes some Israelis and other Jews feel good and proud.

Clearly, Netanyahu has no qualms about using these tactics.  He 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[5]; and her views were prescient.

Nothing has changed since Leah Rabin’s death, except Netanyahu is once again Israel’s Prime Minister—despite the fact that Tzipi Livni and her Kadima party won the most seats in the Israeli Knesset.  Indeed, it was the first time in Israel’s history that the party with the most seats was not asked to govern.[6] Quite predictably, the Israeli-Palestinian peace process is going nowhere, which is likely until Netanyahu leaves office. In the interim, the United States must not be drawn into hostilities with Iran, or another war that the American people oppose vehemently.

To those who would argue that getting rid of Netanyahu changes nothing, except possibly to get rid of an ally who is willing to fight back, the answer is that Netanyahu is not an ally of the United States.  He never has been, and he never will be.  He is a narcissistic impediment to peace in the Middle East, and always has been.  He is a moral midget and a pygmy when compared with Sharon and Yitzhak Rabin, who were both courageous and remarkable men and had the credentials to prove it. 

Again, Leah Rabin was right in seeing “only doom for the Israeli-Palestinian peace process” with Netanyahu at Israel’s helm.  The sooner he is gone, the better.

Fortunately—like Sharon, Yitzhak Rabin and other world leaders before him—it appears that Barack Obama learned early on that Netanyahu is dishonest and cannot be trusted. Also, Obama seems determined not to be manipulated by Netanyahu, which bodes well with respect to American policies vis-à-vis Iran and Israel, at least for now.  The Wall Street Journal’s editorial is irresponsible when it describes “Iran as the single biggest threat to . . . U.S. security.”[7] This is utter nonsense.

American hearts go out to the advocates of democracy in Iran, many of whom have been arrested, tortured and killed recently.  These opponents of the country’s brutal theocracy deserve U.S. support whenever, wherever and however possible.  Regrettably, Obama did not support them.  Like the courageous peoples of Eastern Europe who have become our partners in NATO[8], this seems to have been an opportunity that was lost at least for now, but not forever.

Regarding those who irresponsibly advocate that the United States should go to war with Iran, we have not gone to war to free the oppressed peoples of North Korea, Cuba or other totalitarian-controlled countries; and an exception for Iran is not warranted.  Surely—with our ongoing wars in Iraq and Afghanistan—neither the Wall Street Journal nor any other responsible media organization is advocating that America embark on a third war without end, against Iran, much less as Israel’s “sponsor” or at Netanyahu’s behest.  That is lunacy.

One of the greatest concerns today involves the possibility of an EMP Attack against America—by al-Qaeda, North Korea, Iran, or by China, Russia or their surrogates.  Our only real protection is a reliable, broad-based missile defense system, which Obama has been taking steps to weaken.[9] Similarly, as the Washington Post’s Charles Krauthammer has written:

[T]he Obama 2011 budget kills [the U.S. Space Shuttle’s replacement,] Constellation. Instead, we shall have nothing. For the first time since John Glenn flew in 1962, the United States will have no access of its own for humans into space—and no prospect of getting there in the foreseeable future.[10]

This has serious strategic ramifications too, aside from the peaceful exploration of space.

Lastly, what are America’s alternatives to the use of force against Iran?  Aside from supporting democratic movements within the country, as we did in the case of Eastern Europe, the Wall Street Journal’s editorial outlines steps that can be taken now, which should have been implemented ages ago to put the screws to Iran.[11] More “dithering” is not an option, but neither is war.[12]

© 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 http://abcnews.go.com/print?id=9821035

[3] See http://www.naegele.com/documents/ObamaandIran.pdf

[4] See, e.g.http://www.timesonline.co.uk/tol/news/world/middle_east/article7028123.ece and http://www.timesonline.co.uk/tol/news/world/middle_east/article7025821.ece; see also http://www.dailymail.co.uk/news/article-1251581/Terror-innocent-Britons-named-Mossad-assassins.html and http://www.timesonline.co.uk/tol/news/world/middle_east/article7029553.ece and http://online.wsj.com/article/SB10001424052748703444804575071561636104090.html?mod=WSJ_hps_MIDDLEThirdNews

[5] See, e.g., http://www.jweekly.com/article/full/7367/leah-rabin-calls-netanyahu-all-political-manipulation/ and http://www.cnn.com/WORLD/9605/29/israel.leah.rabin/index.html

[6] Some of the tactics used against Israeli government officials include arrest warrants issued in other countries, such as against Livni. See, e.g., http://en.wikipedia.org/wiki/Tzipi_Livni#UK_arrest_warrant

[7] See http://www.naegele.com/documents/ObamaandIran.pdf

[8] See http://www.nato.int/cps/en/natolive/nato_countries.htm

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

[10] See http://www.washingtonpost.com/wp-dyn/content/article/2010/02/11/AR2010021103484.html

[11] See http://www.naegele.com/documents/ObamaandIran.pdf

[12] See also http://www.naegele.com/documents/NukeIranToSaveIsrael.pdf





The Silent Voices Of Stalin’s Soviet Holocaust And Mao’s Chinese Holocaust

6 02 2010

By Timothy D. Naegele[1][2]

Joseph Stalin and Mao Tse-tung were the most ruthless killers of their own people in the 20th Century, and perhaps in the entire history of mankind.  They were responsible for the world’s deadliest holocausts—or the mass destruction of human beings—yet their victims have never been identified or honored.  It is time for the silent voices of those who died to be heard, and for these human tragedies of epic proportions to be recognized fully.

The famous Nazi hunter Simon Wiesenthal once spoke about the duty owed by survivors of the Nazi Holocaust to Jews and non-Jews alike to insure that other holocausts did not occur again, and of course he was correct.  Memorials have been erected to those who died at the hands of Adolf Hitler’s thugs.  However, those noncombatants who were killed by Japan prior to and during World War II, and by the Khmer Rouge under Pol Pot in Cambodia, and in Africa and elsewhere are forgotten.

Saddam Hussein’s brutality with respect to the Kurds and Iranians, and those Kuwaitis whose fate has only been determined recently in shallow Iraqi graves, pales beside that of Stalin who was Hussein’s hero.  Aside from ordering the killing of those in the Soviet hierarchy, it is estimated that Stalin was responsible for the deaths of more than 30 million men, women and children—his own countrymen—including millions during the collectivization of the Soviet farms in the 1930s.

History has focused on Hitler’s rise to power during that period, and his atrocities in the Nazi death camps and on the battlefields of World War II.  Memorials have been erected to the fallen of many nations that brought an end to his cherished dream of a “Thousand Year Reich,” and to the Jews who were persecuted and systematically killed by the Nazis.  However, there are no memorials or tributes to those who perished under Stalin.

He was revered in the former Soviet Union for having defeated Hitler on his Eastern Front, and for the Red Army’s capture of Berlin—even though as the Soviets moved through Germany, they raped at least two million German women in what is now acknowledged as the largest case of mass rape in history.  As the truth about him became known following his death, a program of “de-Stalinization” was implemented.  However, never in the Soviet Union’s history were steps taken to honor fully those whose only crime was working on the land.  They were peasant farmers, most of them, but they stood in the way of “progress,” Soviet-style.  To increase agricultural production and to implement the multi-year plans that were being devised for their confiscated farms, which became state-owned lands, they were expendable—and liquidated.

For such a colossal crime to go “unnoticed” outside of the Soviet Union can only be explained by the gathering storm clouds of World War II, and the march of Germany and Japan, which focused the world’s attention elsewhere.  China and other parts of Asia came under attack and were later occupied by Japan, while Hitler marched into Poland and then conquered Europe.  Straddling the Atlantic and Pacific with Hitler in the East and Japan in the West, and still dealing with the Great Depression’s aftermath, the United States was preoccupied prior to World War II.  Also, there was a strong sense of isolationism—that America was an island, bounded by the Atlantic and Pacific—which militated against our involvement in the Soviet Union’s “internal affairs.”

China’s Mao Tse-tung was directly responsible for an estimated 30-40 million deaths between 1958 and 1960, as a result of what Mao’s regime hailed as the “Great Leap Forward.”  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.

More than 60 million human beings are forgotten, seemingly having disappeared without a trace in the Soviet and Chinese Holocausts of the 20th Century, as if they never existed or were swallowed up by history.  Yet they did exist, and they might have produced descendants numbering in the hundreds of millions today.  One can only conjecture as to the contributions they would have made to mankind, which are forever lost like the contributions of those Jews, Gypsies and others who were killed in the Nazi Holocaust, and by Japan, and by Pol Pot, and in Africa.

Approximately 70 years have passed since this human tragedy of epic proportions occurred in the Soviet Union.  Approximately 25 years have passed since the comparable tragedy occurred in China.  It is time for the world to pay tribute to more than 60 million people who perished under Stalin and Mao.  While the precise numbers of the victims may never been known, each of us has a duty to honor their memories and take steps to insure that holocausts do not occur anywhere again.  China, Russia and the other former Soviet-bloc countries whose citizens numbered among the silent voices must take the lead, and other nations must join as well.

It is possible that relatives and people who knew those who died are still alive today, and can bear witness to what happened and give new meaning to their lives.  However, the likelihood of that being true diminishes with each passing day, and it is a race against the clock before they too are gone—certainly in the case of those who might remember victims of the Soviet Holocaust.  It is time for the silent voices to be heard again, so they are not forgotten, which would compound their catastrophic fate.

© 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] This article was published first at MensNewsDaily.com on August 9, 2005.  See http://www.naegele.com/documents/StalinMaoHolocausts.pdf

Because more than four years have passed, the number of relatives and other people who knew those who perished, and can bear witness to what happened and give new meaning to their lives, has continued to diminish.  It is even more of a race against the clock before they are gone too, which would compound the catastrophic fate of those who were victims of Stalin’s Soviet Holocaust and Mao’s Chinese Holocaust.

Russia’s dictator-for-life Vladimir Putin is every bit as sinister and evil as Stalin, and it is unlikely that he will be of any help in such an effort.





EMP Attack: Only 30 Million Americans Survive

19 01 2010

By Timothy D. Naegele[1]

Launched from a barge off the U.S. coast, an EMP attack consisting of one nuclear warhead attached to a single missile might shut down much of the country and kill all except 30 million Americans.[2] Such an attack has been described as “a ‘giant continental time machine’ that would move us back more than a century in technology to the late 1800s”—and effectively destroy our great nation.[3] Yet, President Obama seems oblivious to this fact, and is doing nothing to protect us from perhaps the greatest threat faced by the United States.[4][5]

Reporting to Congress, an EMP commission concluded that little in the private sector is hardened to withstand such an attack, and the American military has only limited protection.  According to a Wall Street Journal editorial, “China and Russia have the capability to launch an EMP weapon—and have let us know it.”[6] However, imagine if such a weapon falls into the hands of al-Qaeda or other terrorists who are willing to commit suicide to destroy America.  What has really scared the commission members is a relatively unsophisticated EMP weapon in the hands of these terrorists.  As frightening as such a possibility seems, it is very real and likely unless we take action now.

According to the Journal’s editorial, “Mother of All Blackouts,” an EMP or “Electromagnetic Pulse” attack occurs “when an enemy sets off a nuclear explosion high in the Earth’s atmosphere.  The electromagnetic pulse generated by the blast destroys the electronics and satellites in its field of vision.  For a detonation above the Midwest, that could mean the entire continental U.S.”[7] The editorial continues:

No American would necessarily die in the initial attack, but what comes next is potentially catastrophic.  The pulse would wipe out most electronics and telecommunications, including the power grid.  Millions could die for want of modern medical care or even of starvation since farmers wouldn’t be able to harvest crops and distributors wouldn’t be able to get food to supermarkets.

The editorial adds: “[I]magine a blackout that lasts for months, or years.”  Also, “[a]fter an EMP assault, the nation would be highly vulnerable to secondary attack by conventional forces or a biological weapon.”[8]

Frightening beyond belief, to say the least.  But it gets worse.  The “Commission to Assess the Threat to the United States from Electromagnetic Pulse (EMP) Attack” (or the EMP Commission)[9], which was created in 2000 to examine the possibility of an EMP attack and its aftermath, delivered its reports to Congress in 2004 and thereafter.  Yet, they have been languishing while the Democrats seek to push through ObamaCare, which a majority of Americans oppose—and which would be rendered moot by an EMP attack because there would not be any health care in the U.S., as all medical facilities close.

The difference between a conventional nuclear attack—such as the World War II atomic bombings of Hiroshima and Nagasaki in 1945, at the end of the war in the Pacific with Japan—and an EMP attack is that the former destroys cities primarily; whereas, an EMP attack potentially destroys our country as a whole and kills most Americans.  Also, such a calamity might be accomplished by our enemies with a single warhead that is launched from the Gulf of Mexico, the Sea of Cortez, or off our Atlantic or Pacific Coasts.  In fact, one wonders why any sophisticated enemy of the United States would contemplate an attack other than with an EMP weapon.

As the Wall Street Journal’s editorial stated:

The Commission offers a series of recommendations for reducing U.S. vulnerability.  It calls for better intelligence, particularly in coastal waters.  Also needed are “vigorous interdiction and interception efforts” such as missile defense.  Critical components of civilian infrastructure—especially the electrical power grid—need to be EMP-hardened.  Most new units can be hardened for 1% to 3% of cost if done at the time of design and manufacture.  Hardening existing systems can cost 10 times as much.[10]

Tragically, President Obama and the Democrats have been cutting back on our military precisely when it has been performing magnificently and its continued strength is needed most.  For example, they have been paring down our missile defenses, which are critical to protecting us against an EMP attack from which we might not recover.[11]

© 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, e.g., http://newsmax.com/Newsfront/gringrich-emp-weapon/2009/03/29/id/329110 (“Some studies estimate that 90 percent of all Americans might very well die in the year after such an attack as our transportation, food distribution, communications, public safety, law enforcement, and medical infrastructures collapse”), http://www.heritage.org/Research/BallisticMissileDefense/wm2512.cfm

[3] See http://online.wsj.com/article/0,,SB109226576685389289,00.html; see also http://online.wsj.com/article/SB121564702233840875.html?mod=d and http://newsmax.com/Newsfront/gringrich-emp-weapon/2009/03/29/id/329110 and http://online.wsj.com/article/SB10001424052748703363704574503432517397934.html?mod=WSJ_hps_MIDDLEForthNews and http://www.newsmax.com/timmerman/iran_nuclear_plan/2008/07/29/117217.html

[4] Before and after the presidential election of 2008, I was in touch with someone who has been and remains very close to Barack Obama and at least two of his principal advisers—one of whom is at the president’s side constantly in the White House.  I warned the person repeatedly about the risk of an EMP attack that might destroy the U.S. and kill all except for about 30 million Americans.  For example, in July 2008, I described such a possibility as follows:

Aside from threats from China and Russia, the use of such an attack by terrorists could be devastating to this country.  Clearly, measures must be taken now to “harden” the U.S. against such attacks, and to prevent them in the first place.  Having worked in military intelligence at the Pentagon, my guess is that an EMP attack may be high on the list of options for terrorists, because the impact of such an attack might make 9/11 seem like a walk in the park.

In late October 2009, I went on to discuss “an EMP attack by (1) al-Qaeda, (2) Iran and its proxies, (3) North Korea, (4) Russia and its surrogates, and/or (5) China and its surrogates,” and I concluded:

Everything else (e.g., ObamaCare, the economy, Afghanistan) pales beside it.  Indeed, it might determine the future of our kids and their kids.  Again, . . . hopefully you can use your influence to address this issue now.

To the best of my knowledge, nothing has been done by this person or the president to deal with this issue of critical importance to the welfare and survivability of the American people.

[5] See http://newsmax.com/Newsfront/gringrich-emp-weapon/2009/03/29/id/329110 (“Funding for EMP defense must be a top national priority.  To downgrade or halt our missile defense program, which at last is becoming viable after 25 years of research, would be an action of criminal negligence”—and potentially grounds for impeachment of Obama)

[6] See http://online.wsj.com/article/0,,SB109226576685389289,00.html (or http://www.naegele.com/documents/MotherofAllBlackouts.pdf); see also http://online.wsj.com/article/SB121564702233840875.html?mod=d (“Iran may already have the capability to target the U.S. with a short-range missile by launching it from a freighter off the East Coast.  A few years ago it was observed practicing the launch of Scuds from a barge in the Caspian Sea.  This would be especially troubling if Tehran is developing EMP—electromagnetic pulse—technology.”)

[7] See http://online.wsj.com/article/0,,SB109226576685389289,00.html

[8] See id. See also http://online.wsj.com/article/SB121564702233840875.html?mod=d (“A nuclear weapon detonated a hundred miles over U.S. territory would create an electromagnetic pulse that would virtually shut down the U.S. economy by destroying electronic circuits on the ground”).  Gone would be lights, heat, air conditioning, TVs, computers, phones, the Internet and all other forms of electronic communications, and all gasoline pumps for cars and trucks . . . and the list goes on and on, seemingly forever and covering all electronic equipment on which a modern society like the U.S. depends.

[9] See http://www.empcommission.org/

[10] See http://online.wsj.com/article/0,,SB109226576685389289,00.html

[11] Compare http://online.wsj.com/article/SB121564702233840875.html?mod=d (“Secretary of State Condoleezza Rice was in Prague signing an agreement that’s a first step toward protecting Europe from ballistic missile attack”) with the fact that upon assuming the presidency, Barack Obama scuttled the missile defense system for Eastern Europe to appease Russia’s “dictator-for-life” Putin—who is a smoother version of Stalin, and should be treated as our enemy.  See also http://newsmax.com/Newsfront/gringrich-emp-weapon/2009/03/29/id/329110 (“Even as the new administration plans to spend trillions on economic bailouts, it has announced plans to reduce funding and downgrade efforts for missile defense.  Furthermore, the United States’ reluctance to invest in a modern and credible traditional nuclear deterrent is a serious concern.  What good will a bailout be if there is no longer a nation to bail out?”)