An Arms Race

And we should welcome it.

Russia is creating three new divisions to counter the North Atlantic Treaty Organization’s planned expansion along its eastern flank, Defense Minister Sergei Shoigu said Wednesday, in a move that comes amid rising tensions in the region.

Moscow has threatened it will respond to NATO plans to boost its troops’ presence along its border with Russia.  Western officials said last week the alliance will send four battalions—about 4,000 troops—to Poland and the ex-Soviet Baltic countries.

These three divisions are being created, in part, by adding men and equipment, and they’re being created, in part, by reassigning men and equipment from existing units.  It’s the latter that’s instructive.

With the Russian economy in shambles—among other shortfalls, it needs oil priced above $100, remember, the ruble still is in the tank, and inflation remains high and growing—it can ill-afford the expansion on which it’s embarking.  In addition to these “new” divisions, Russia is spending its money on modernizing its military, developing and deploying nuclear weapons near the Baltics and Poland (since before it began creating these three divisions), supporting its occupation forces in Georgia and Ukraine, and on and on.  Although Russia certainly can sustain its buildup for a time, it can’t go on indefinitely.

We should welcome this arms race.  We should accelerate our technological developments and production.  We should answer those three divisions with further deployments into eastern Europe, with an expansion of our Baltic fleet (which we should move deeper into the eastern reaches of the Baltic Sea), and with arms transfers and sales to Ukraine and Georgia.  Every buildup by Russia should be answered with a bigger, more technologically capable one by us.

The Soviet Union couldn’t sustain its arms race; neither can Russia.  It will take an administration different from the current one or its potential Progressive-Democratic successor to engage, though.

Federal Bailout “Prevention”

Asset managers such as Pacific Investment Management Co look set to lose hard-fought protections against the cost of a bank failure, when the Federal Reserve on Tuesday proposes yet another rule aimed at preventing taxpayer bailouts for financial firms.

How disingenuous does this sort of administration get?  No rules are needed to prevent taxpayer bailouts for financial firms, or any other enterprise, government (Fannie Mae or Freddie Mac, for instance) or private.  There’s no need for preventing what ought not exist in the first place; there’s only need for firing politicians and bureaucrats who keep trying for taxpayer bailouts.

The Left Doesn’t Like Free Speech

Especially when it differs from the Left’s holy writ.

The political left is threatening to boycott companies that contribute to a GOP convention that could nominate Donald Trump.

Color of Change, MoveOn.org, CREDO and UltraViolet, et al., are threatening to job businesses that support this year’s Republican convention, but not this year’s Democratic convention.

Of course, the rank cowardice of today’s business “leaders” contributes to the Left’s assault.

The campaign appears to have already succeeded in getting Coca-Cola to limit its GOP convention support to $75,000 this year, compared to $660,000 in 2012.

And

In 2012 Color of Change led a similar assault on companies supporting the American Legislative Exchange Council, which promotes free-market policies in the states.  …  ALEC’s reward for decades of pro-growth advocacy was to see its biggest contributors—Coke [again!], General Electric, Kraft, McDonald’s, Wal-Mart —drop funding and head for the tall grass.

Such cowardice shouldn’t be rewarded; this surrender to threatening speech merely contributes to further assaults on speech—one of the most basic freedoms of our Republic.  But, then, cowards don’t like free speech, either.

Schooling

Recently, some $35 million was raised to support private schooling, in particular Success Academy charter schools.  Naturally, Randi Weingarten, President of the American Federation of Teachers, thinks this is a terrible idea, an assault.

[It’s] part of a coordinated national effort to decimate public schooling.  Wealthy donors and their political allies [are] pushing unaccountable charter growth in urban centers while stripping communities of a voice in their children’s education.

She’s wrong about the effort to decimate, even if what passes for schooling in the teachers unions’ public schools warrants it.

The unaccountable charter growth in one sense is entirely accountable: it’s due precisely to the failure of the public schools to actually educate our children.

In another sense, Weingarten is being utterly disingenuous with her unaccountable charter growth calumny.  The schools that are stripping—have stripped—communities (and parents, which persons she carefully elided) of their voice are those union-controlled public schools.

Obamacare Strikes Yet Again

Insurers will seek significant premium hikes under President Barack Obama’s health care law this summer….
…
For example, in Virginia, a state that reports early, nine insurers returning to the HealthCare.gov marketplace are seeking average premium increases that range from 9.4% to 37.1%.

And

The health law’s nagging problems center on lower-than-hoped-for enrollment, sicker-than-expected customers, and a balky internal stabilization system that didn’t deliver as advertised and was already scheduled to be pared back next year.

Who is truly surprised by this?  Oh, yeah….