Relations with the People’s Republic of China

Maurice Greenberg, Chairman and CEO of CV Starr & Co, an insurance and investment company with subsidiaries domiciled in the PRC and Hong Kong, said in his Wall Street Journal Wednesday op-ed that he wants the US to “rebuild relations” with the People’s Republic of China.

It is in our national interest, now more than ever, to do all we can to improve U.S.-China relations.

And

The US and China have a long history of collaboration dating to before World War II. When the People’s Republic of China reopened to the world, the US extended favorable trade terms to foster China’s economic growth….

What Greenberg ignored is that the People’s Republic of China has no relation to the pre-World War II China beyond sitting in the same geography. What he also ignored is that since the PRC “opened” and we extended favorable trade terms, the PRC has been running a campaign of stealing our intellectual property through outright theft, hacking, and coerced transfers as a condition of doing business within the PRC. That nation also has been running a parallel campaign, using the same techniques, to steal our national defense and foreign policy secrets.

Frank talks can build trust relationships with the PRC? No, the only thing we can trust of what the PRC’s government men say is their commitment to replace us on the world stage and to subordinate us to them.

We don’t to rebuild relations with the PRC. Let the PRC want to build, from the beginning, relations with us.

A Border Control Thought

This idea came to me while watching another of the innumerable videos of illegal aliens piling out of pickup trucks at/near the Rio Grande and scattering into the Texas brush, trying to escape.

A bola is a pair of weights tied together by a length of cord

used to capture animals by entangling their legs. Bolas were most famously used by the gauchos….

My thought is this. Arm (some of) our Border Patrol agents with these, with specially designed slingshots or modified beanbag-firing shotguns to propel them, to capture fleeing illegal aliens and their coyotes. Bolas also can be hand-thrown to good effect—and originally were—but only from closer ranges, which may not always obtain.

Bolas are range-limited by their nature and nonlethal. Their use would take training, but no more than the gaucho who uses them on his ranch, or than the police need with their beanbag-firing shotguns. An additional advantage is that it will take some time for an illegal alien/coyote to disentangle himself from the bola, enabling a following Ranger to finish securing several illegals while the bola-armed Ranger continues pursuit, rather than the [two] of them having to capture and secure illegals one at a time.

A Simple Question

And a simple answer.

In an article in Sunday’s Wall Street Journal about the West’s economic sanctions on Russia and their impact on Russian citizens, the authors, Ann Simmons and Yuliya Chernova, ask a simple question:

How effective are the sanctions against Russia proving to be?

The answer to that is blindingly obvious and is given by the answer to this question: How many battalions has Putin been forced by those sanctions to withdraw from Ukraine?

Meantime, in the face of namby-pamby sanctions and inadequate arms and ammunition shipments, Ukraine continues to lose ground, and Ukrainian civilian women, children, and old men continue to be butchered by the barbarian.

Inflation and Putin’s War on Ukraine

Christine Lagarde, European Central Bank President, said she plans on raising interest rates only gradually, while acknowledging that the EU’s inflation problem was steadily getting worse.

Speaking at the ECB’s annual economic policy conference in Portugal on Tuesday, Ms Lagarde said Europe’s inflation problem was deepening, but warned that the region also faced weaker growth prospects related to the war in Ukraine.

And

The ECB’s gradualism, as Ms Lagarde described its approach, reflects the larger economic blow that the war in Ukraine has dealt to Europe….

President Joe Biden (D) also (in)famously blames Russian President Vladimir Putin’s invasion of Ukraine for the high inflation in the US.

I wonder if accelerating the shipment of arms and ammunition; accelerating, in particular, the shipment of tanks, artillery, rocket artillery, antiship and antiaircraft weapons; and getting out of the way of transferring combat aircraft (all with associated training and logistics) to Ukraine might then eliminate that inflation cause and boost economic growth by helping Ukraine quickly to win the war inflicted on it.

Oil Price Caps

The G-7 is floating a new sanction against Russia in response to Russian President Vladimir Putin’s invasion of Ukraine. That sanction centers on capping the price nations would pay for Russian oil.

The Group of Seven leaders are expected to agree to start work on a mechanism to cap the purchase price of Russian oil….
Leaders will direct relevant ministers in their countries to work on the details of Russian oil caps, which would create a buyers’ cartel of Western nations and their allies, the official said.

To the extent such a cap would have a material effect on Putin’s economy, or more importantly on Putin’s war (how many battalions have the current sanctions forced Putin to withdraw from Ukraine?), and I’m not convinced a cap would have any material effect, I suggest a cap with which to begin would be the deeply discounted price at which Putin already is selling his oil to India and the People’s Republic of China.

On the other hand, though, there’s likely not much urgency to this virtue-signaling move:

There is no timeline yet on when the details will be worked out.