Tuesday, February 1, 2011

Is Egypt Iran Redux?

We are at the 32nd anniversary of the overthrow of the Shah of Iran, sped along by Jimmy Carter when he abandoned the Shah to the Ayatollahs. That had a great result, putting one of the chokepoints for the world's oil supplies in the hands of radicals who hate the United States.

Now we see the same thing going on in Egypt. And sure enough, our bowing and scraping President is abandoning our long time ally Mubarak.

To be sure, both the Shah and Mubarak are/were SOBs. But they were OUR SOBs. Those that replace(d) them hate us. And they are still SOBs.

Carter had no plans for the aftermath of the Iranian Revolution, and now, our government is apparently going to allow the Iranians to produce nuclear weapons, as well.

Obama? Where does he stand on Egypt? Unprepared, quite obviously. When the phone rings, there is nobody to answer it, not even Hillary.

Egypt has been the linchpin of our Mideast policy, helping to keep the shaky peace between the Israelis and the Arab nations. It also controls another major chokepoint for the worlds's oil supply, the Suez Canal.

And Obama........well, he opines that the Muslim Brotherhood would be fine in the new government. That is the grandfather of all Jihadis groups, and has just this week called for war between Egypt and Israel.

What could go wrong?

Sunday, January 30, 2011

The Financial Crisis Commission Reports

It reported, and didn't really add anything to what we didn't already know.

Six Democrats and four Republicans did interviews and investigation, and probably could have read Sorkin's book TOO BIG TO FAIL and derived the same information. They also could have read Simon Johnson and James Kwak's book 13 BANKERS. Both of those shed a good bit of light on the situation.

The majority report is 545 pages, and from the reviews I have read, most of it just repeats the same things found in the above books, although I doubt it makes the allegations made in 13 BANKERS. That would not have been politically correct. I don't think I will bother, but it is available on Amazon in paperback for under ten bucks.

What it boils down to is that a partisan majority blames the banks, a partisan minority (of one) blames the government, and the rest of the Republicans blame everything and everybody.

So much for that waste of time. The government at least appears to have "done something" when, in fact, it has done nothing but perpetuate the problems at the expense of the taxpayers.

And all the politicians wonder why the Tea Parties are gaining influence.