Ruminations, May 24, 2009: Nations with Power
Ruminations, May 24, 2009
Nations
with Power
One
of the theories of history is that all is based on power. Superficially, the
theory says, ideologies, religion or other disputes are important, but really it
comes down to power, and whichever nation has the most power wins – at least for
a while. So, to be successful, a nation must be able to maintain its power or
submit to being a follower in another nation’s camp.
National
power is political, economic and military. After all, if a nation doesn’t have
economic muscle, it can’t afford a strong military and therefore its political
power is weaker.
Like
all theorists, the advocates of this theory spend a good deal of time finding a
rationale for the cases in which it doesn’t seem to work. But there may be
something to it so let’s look at recent history in that
context.
In
the early 20th century,
Although
This
time, to avoid the leaving the power vacuum, the
Without
the Soviets, the
This
leaves the
There
are other power struggles on the horizon. Is
Perhaps
the
Power
is an interesting concept. We live in interesting times.
Home
on derangement
During
the George W. Bush Administration, there were those who simply seemed to be
deranged as far as President Bush was concerned. They would look for things to
criticize and could not accept that the President did anything that was right or
moral. This is not to say that Bush never did anything that could not be
criticized, just that there were some who seemed to be completely over the top
and some would even make things up. These folks were commonly referred to, in a
term coined by columnist and psychiatrist Charles Krauthammer, as having “Bush
Derangement Syndrome.”
Typical
of this group was New York Times
columnist and Nobel economics laureate Paul Krugman. In his column last week,
Krugman says, “In a way, it was easy to take stands during the Bush years …
[and] with a clear conscience, oppose all the administration's
initiatives.”
Now
it sometimes seems that there exists a nascent “Obama Derangement
Syndrome.” Not to say that there is
nothing to criticize about Obama. His doubling and tripling of deficits, his
policy on detainees in Guantanamo, his intervention in private companies, his
attempts to regulate salaries in private enterprises, his healthcare policies
and his promise to select Supreme Court Justices based more on “empathy” than an
understanding of constitutional law are among legitimate issues for
debate.
Nonetheless,
it appears that many on the right appear to be taking a page from Krugman’s
book: “with a clear conscience” they
criticize everything Obama says and does. To wit:
·
Some
have criticized Obama as being a Muslim. If it were true, should that even make
a difference?
·
He
has been called the
“President who hates his country.” He may not like everything about this country
but to say he hates his country is pure nonsense.
·
He
has been criticized for saying of the
·
In
·
It’s
fair to criticize Obama’s position on abortion but many have criticized him for
his statements on abortion. Recognize that he is pro-choice. He has said that
pro-life people base their stand on moral and ethical standards. He has said
that the difference is irreconcilable. Given that he is pro-choice, that is
about as far as he can go – and it is, in terms of tone and appreciation of the
dilemma – a lot further than almost any other pro-choice
politician.
·
Based
on Obama’s policies, there was a move among some Republicans to rechristen the
Democrat Party as The
Democrat Socialist Party. That’s official name calling.
Before
appearing to be a right-wing mirror image of MoveOn.Org or Paul Krugman, it
would be wise for conservatives and Republicans to pay heed to the words of
Republican National Committee Chairman Michael Steele. Last week, Steele said of
Obama: “Folks like him. He’s got an easy demeanor. He’s a great orator. His
campaign style is wonderful. His campaign was based on change and hope. He’s
young. He’s cool. He’s hip. He’s got a good-looking family. What’s not to like?
He’s got all of the qualities
Why
Government Can't Run a Business
In
an article in Wednesday’s Wall Street
Journal, author John Steele Gordon identifies seven reasons why governments
can’t run businesses (link to the full article is below). The reasons Gordon
cites are:
- Governments
are run by politicians, not businessmen. Politicians
can only make political decisions, not economic ones.
- Politicians
need headlines.
And this means they have a deep need to do something … even when doing nothing
would be the better option.
- Governments
use other people's money.
Corporations play with their own money.
- Government
does not tolerate competition.
- Government
enterprises are almost always monopolies and thus do not face competition at
all.
- Successful
corporations are run by benevolent despots.
- Government
is regulated by government.
http://online.wsj.com/article/SB124277530070436823.html
Quote
without comment
Richard
Fisher, President of the Federal Reserve Bank of
Robert
J. Kulak



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