Monthly Archives: July 2015

One Year after MH17 Shot Down over Ukraine: The Blood of 298 Stains the Hands of Vladimir Putin

Today marks the first anniversary of the shooting down of Malaysian Airlines flight 17 over Ukrainian by Pro- Russian rebels. While Malaysian Airlines can be faulted for flying over an area of known conflict even though the airspace was open, today there is no doubt that this was a deliberate act of mass murder committed by Pro-Russian rebels fighting the Ukrainian government.  There is equally little doubt that the BUK Missile launcher used by those rebels was provided by the Russian Government of Vladimir Putin. Indeed many speculate that given the difficulty and considerable training needed to operate there may well have been Russian military advisors and or operators at the controls of the BUK launcher. These questions do nothing to change the fact that Russian President Vladimir Putin bears personal responsibility for constructing the environment that lead to these deaths, a criminal accessory before the fact to 298 counts of murder.

Wreckage of MH17 in Days After Being Shot Down by Pro-Russian Rebels

Wreckage of MH17 in Days After Being Shot Down by Pro-Russian Rebels

Video which has aired today shows gruesome images of the Pro-Russian thugs rummaging through the personal effects of the dead and treating their remains without respect in the moments after the attack. International investigators were kept away from the crash site for several days and once they arrived it was clear the wreckage had been tampered with in such a way that there will always be unanswered questions. Very much like KAL007 in 1983, the Russian military showed they have no moral hesitation shooting down civilian airlines without regard to cost.

While the west was quick to express outrage at the shooting down of a civilian airliner by irregular Russian forces, they have been long on words and short on action. The European nations are reluctant to too deeply offend their commercial partner Russian and the Obama administration continued its policy of spineless appeasement. But let there be no doubt, Vladimir Putin is a cold blooded murder whose hands will be forever blood stained. Never has appeasement deterred international criminals from further bloodshed. As the families mourn the anniversary of their loved ones deaths, we must wonder who will Putin kill next?

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Filed under Foreign Policy, Russia, Terrorism

President Obama’s Prison Visit & the Folly of the Left

Today President Obama became the first American President to visit a prison while in office. The core of his visit was to promote his newest campaign, reforming the criminal justice system. Now this is an issue many conservatives can actually get behind with prominent GOP members such as Rand Paul questioning the logic and wisdom of the current sentencing system. But as Barack Obama has done so many times before he takes an issue where bipartisan progress could be made and turns it into a leftist wet dream. In this case he is advocating increased spending on early childhood education. What? Anyway…

President Obama Visits Federal Prison

President Obama Visits Federal Prison

Buried inside his long wordy statement was a tremendously insightful glimpse into the leftist mind. The President said we should all look at the conditions in prison and be grateful that there but for the grace of god go we. WRONG. The president, like the institutional left, seems to think each of us is equally bad and but for luck we could have ended up in prison. WRONG. The vast majority of Americans are not in prison because they decided to NOT COMMIT CRIMES! Those who are there decided to break the law or hang around with those who did. They are not there because they learned to count watching Sesame Street and not in Pre-K, but because they lacked the self control to obey the law. Life isn’t easy for most people. Almost everyone has been in a bad place at one time or another where there was an easy way out that was not legal. The difference is the vast majority of people chose not to commit a crime. Many of us on the right would agree life in prison for a first offense drug dealer and 20 years for a bank robber is not fair and sentencing needs to be re-balanced. But the left has fundamentally believes there are no bad people and nobody is responsible for their own action.

The solution to crime is not more unionized teachers babysitting Pre-K or hot school lunches for all. Crime reduction will only be achieved when parents as well as the community teach people right from wrong, good from bad and to accept personal responsibility for your actions. America is a nation where the quality of an individual should not be judged by the size of one’s wallet and where we believe in second chances and redemption. But there are consequences to actions and while second chances are noble, repeat felons are not “unfortunate”, they are just bad and should be treated very humanly in prison. Sorry Mister President, your prison photo-op was a flop, but rather insightful.

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Filed under Barack Obama, crime, justice, Leftist Myths, Liberals

New Horizons Meets Pluto: Voyage of Discovery

As a child of the Apollo era, I grew up in the shadow of the greatest achievement in the history of man; everything was possible if we only had the will. The legacy of those years has largely been one of unfulfilled promise but every once in a while you just have a wow moment. Today as we see the first images from NASA’s New Horizons probe’s closest approach to our smallest planet Pluto one needs to take time to just sit back and say WOW. Yes, I know Pluto was downgraded from planet status to exoplanet, but I am proudly old school and feel Pluto got a bum deal! What we have seen is another example of the amazing ability of the NASA team to pull out as almost magical look at our solar system. The JPL team has been doing this on such a regular basis for more than 40 years that some can become jaded by the flow of dazzling images. In the age of photo-shop we see art like this all the time but folks, this is real.

Pluto and Charon in False Color Showing Compositional Diversity

Pluto and Charon in False Color Showing Compositional Diversity (NASA photo)

What makes New Horizon so special is the the distances involved; launched in January 19, 2006 and having passed earths moon and Jupiter on its way will have traveled more than 3 BILLION miles. We also need to remember that this spacecraft is one of the smallest ever launched into deep space and it hit its destination with pin point accuracy with limited course correction ability. This is just amazing.

New Horizon's Path of Discovery

New Horizon’s Path of Discovery (NASA photo)

This is also a reminder that despite all the political redirection and new administration melding (by both parties) and failure of vision with respect to NASA and national space policy, great things can come from great minds. When the American people set their collective minds to achieving big things, they can make them happen. So congrats to the NASA/JPL/JHUAPL team that made the last unseen planet (or exoplanet if you prefer) viable for all of the arm chair space geeks to enjoy. You have shown us THE DREAM IS ALIVE.

New Horizons Team Members Countdown to the Spacecraft's Closest Approach to Pluto, Tuesday, July 14, 2015 (NASA photo)

New Horizons Team Members Countdown to the Spacecraft’s Closest Approach to Pluto, Tuesday, July 14, 2015 (NASA photo)

For More Information, Check These Out:

http://pluto.jhuapl.edu/Mission/

https://www.nasa.gov/mission_pages/newhorizons/main/index.html

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Filed under American Leadership, NASA, Space Flight

The Folly of the Euro and the Disaster that is Greece

The circus that has been the Greek financial crisis over the past five years reached a new crescendo over the last few weeks with all the mystery of a Shakespearean tragedy.  Leftist Greek Prime Minister Alexis Tsipras played the role of populist defender of the needy by standing up to those bullies in suites from all those pompous European nations trying to extort austerity from the Greek people. In defiance he defaulted on the first round of IMF loans and called for a referendum. When the Greek people voted over 60 percent in favor of rejecting the onerous terms Tsopras went to the European parliament and gave a defiant speech in favor of giving money to the people not the evil bankers. Then, after reality slapped him in the face with all the subtly of a wet tuna, he promptly folded like a cheap suit on a humid day. Of this outcome there was little doubt. Greece’s entire banking system was about to implode, the savings of every Greek were about to disappear. The world was about to see a first world nation, all be it only barley, turn into a third world disaster live on CNN.

Greek Voters in the Street Following July 8 Rejection of EU Demands

Greek Voters in the Street Following July 8 Rejection of EU Demands

While the intricacies of the Greek Crisis will be filling the pages of Economic Journals for years to come, the problem is remarkably simple. When you spend more than you make you go to others to borrow money. When you borrow more than you ever hope to repay, your creditors run the show. This is as it is in every household’s finances and thus it is with nations as well. If financial debt had physical weight, Greece would be down at the bottom of the Aegean along with the lost city of Atlantis. With a debt exceeding two times GDP and with five years of IMF/EU enforced austerity under its belt with little to show, Greece is an economic corpse. This article is not focused on how Greece ended up where it is, but the reality is national overspending comes to an end when the banks run dry. Simple.

Now this is nothing new, the economics of South America in the 20th century is littered with failed economic turn around and booms gone bust. The drama played out repeatedly with similar script each time. A “new” regime took over in a nation and turned around the sick economy they inherited. Happy days were there again! Foreign banks rushed in and willingly funded deficit spending that fueled a boom akin to a sugar high. Then, at the first sign of real trouble the bubble burst. However the South Americans (and yes, not all South American countries experienced this or followed the outcome below, but enough did, you know) with all their experience with the blue suits from the IMF, ever end up where Greece finds itself. That is because when their government felt the domestic pain of austerity was exceeding that of the foreign banks, they simply devalued their currency. As sovereign debt is almost always denominated in the home currency, if a country owed let’s say 100 billion pesos and it did a 3 for 1 devaluation, the total money supply would increase by 3 times (economists reading this please excuse my simplicity, this is for illustration) but the debt would remain the same. Sure devaluation is painful, but not as painful as cutting pensions in half and may prevent you from being overthrown like the last government (but not likely!). The foreign banks likely take a hosing, but they will soon forget and with the promise of a “new” economic miracle will be back lending to you in a few years. After several decades of this the 21st century has seen several of the South American problem economies seem to actually achieve a free market renaissance.

But Greece no longer has the Drachma and monetary policy is now controlled by the Blue Suites (well tailored, very nice) from the EU. After decades of irresponsible fiscal policy and a national economy which has seen a significant decline in its base economic generating ability, the Greek government has about as much influence as the homeless man begging outside trump Tower. Yet what makes this story truly Shakespearian is that the new “loans”, almost 100 billion Euro worth, will never be repaid. Take a person who maxes out their credit cards, more debt to pay the existing debt never solves the problem; it just kicks it down the road. The Greeks want debt forgiveness (sorry they call it restructuring) but the fiscally disciplined German voters, and to a lesser extent French, would never stand for it if their leaders simply gave their cash to those Greek spendaholics. So for the sake of the phony Euro, the game goes on yet sadly nothing is resolved.

Now all this would be an amusing economics lesson if it were not for the potential consequences. While world markets largely factored in a Greek default and thus did not really react to the events of the past week, the stakes have simply risen for an eventual uncontrolled collapse. Additionally, if you think this is a uniquely Greek problem, think again. Europe has Portugal, Spain and potentially even Italy lined up to face similar situations. While each is unique and those economies have better underlying fundamentals than Greece, they are also of increasing magnitude and with the resources (and generosity) of the EU increasingly strained, the potential for significant global economic consequences are very real. Not my problem you say? A default of a major Euro member (say Spain or Italy) would dwarf the financial losses that triggered the 2008 economic crisis. “Tax the Banks” and “Let em Fail” make for cute slogans, but when your money vanishes and stock markets melt down the pain would be widely felt.

Here is why the Euro is not only an economic folly but potentially a dangerous accelerant. Macroeconomics 101 defines that nations have two tools to manage their economies, Fiscal Policy and Monetary Policy. The EU however takes away the handle of monetary policy from a National Government and hands it over to the unelected bureaucrats of the EU. Fine individuals all, they simply have too big and diverse a group of national economies to deal with no shared fiscal policy. Quite simply and regardless of your philosophical approach, monetary and fiscal policy have to work in a coordinated manner; in the EU that simply cannot happen. When the fiscally responsible nations have to continually bail out the spend happy, politics will kick in and the hand outs will stop. National self determination is the right of all nations but each must accept the consequences of their own actions. The Euro simply cannot long exist within that reality.

Greece would be far better off with a controlled exit from the EU and abandoning the Euro. Let’s be clear, Greece has made its bed and things are going to become less comfortable before they improve. However a realization that Greeks should control the future of Greece makes global economic sense and faces political reality. Today the wisdom of Margaret Thatcher in keeping the UK out of the Euro zone seems increasingly bright.  I wonder if the Germans could have the Deutsche Mark back how their people would decide.

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Filed under Economics, Europe, Greece

He Came in Like a Wrecking Ball: The Political Disaster that is Donald Trump

Living most of the last two decades in the tri-state area one cannot escape the presence of one Donald Trump. His presence is ubiquitous from the high end condo developments and office complexes to the billboards promoting his various ancillary ventures in media and branded products. Donald Trump is not a man, he is a brand that is bigger than life. In the business world, his record is admirable not just for his over the top promotion and resulting economic payout for him (he is very very rich), but as a survivor in an industry where may titans of today are dust in the wind tomorrow. Donald Trump is bigger than life and he knows it.

The Political Wrecking Ball that is Donald Trump

The Political Wrecking Ball that is Donald Trump

Donald Trump is also a political chameleon who has poured considerable money in to political campaigns, mostly democratic including the likes of Andrew Cuomo and Hillary Clinton. In stark political terms, Donald Trump has the political convictions of a weathervane. As the wind goes, so goes the Donald. Thus he has decided to run for President in 2016 and joins the 16 other declared major candidates. No person can deny the importance of money to the political equation and Trump brings the satchel filled to the rim. He also brings an incredible understanding of how to feed and manipulate the media machine who love a big mouth and love one even more if it is damaging to the Republican party. Trump is an amazingly shrewd self promoter and has acutely identified the frustration in the conservative base. For years we have been promised large and delivered light by Republican candidates and leaders. With so many truly viable and electable candidates as are in the GOP race this year, trump understands that a low teens popularity puts him near the top of the polls and his mouth has an unlimited ability to entertain.

While many of Trumps remarks this year are objectionable and have rendered him undetectable (Donald Trump will not the the 45th President of the United States), what is most regrettable is that Trump has not brought his considerable business expertise to the debate around improving the American economy. In this area he has much to add and could have created a compelling case for a Trump presidency. Instead he resorted to his carnival barker roots and went loud and wild. Its not his policy proposals that are wrong, there are polls that consistently show a majority of Americans want real boarder control (ie a BIG wall) on the southern boarder and economic disincentives for Mexican illegals crossing the boarder have been discussed before, and need to be back on the table. Trump had much to add to the debate, but instead has emerged as one of the most destructive forces to enter conservative politics since Joseph McCarthy.

Donald Trump has introduced a tone of hate and negativity into this campaign which is not only destructive to both the Republican brand but also his own reputation. Additionally he is discrediting the very positions he is advocating by framing his positions with anger and hate. Mr. Trump is a big boy and he can answer to his own conscience for his positions and statements. I support the 1st Amendment rights of any American even when their words are, in my opinion, vile and repugnant. But all conservatives and republicans should understand, the broader electorate sees Trumps rantings as being representative of the GOP. In 2012 the repugnant statements of Missouri GOP Senate candidate Tood Akin not only assured the reelection of one of the worst senators in recent history, Claire McCaskill, but contributed to the defeat of at least 4 other senate candidates and several house nominees. Donald Trump has the ability to make Akin look like a tremor to the earthquake that is Trump.

Oh how the media and the left are eating this up. They cant get enough of Trump and when some second rate poll shows him leading in the mid teens, they gladly anoint him the GOP front runner. These news organizations are run, without exception, by New York limousine liberals who are already planning Hillary’s coronation. The fact Trump makes good copy is just icing on the cake. All this is seriously eroding the Republican position in 2016. The election which on the fundamentals is strongly leaning in a conservative direction could well be handed to the Clinton left if they conclude the GOP cannot lead. Conservatives must understand, if the Republican nominee does not win, Hillary will be the next President, the very woman Trump has enthusiastically supported for more than a decade. One never really knows what motivates a person to run for president, but for Trump it is most assuredly not conservative principles.

Its time for those of us on the right to speak up for real conservative candidates, to speak in an inclusive and positive tone, not with hate. I came of age during the Reagan era when he sought an America which would be a shining city on a hill, not a junk yard dog fight in the Bronx. This is our time and this may well be our test. Decide carefully.

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Filed under 2016 Election, Donald Trump, Republican Party