Category Archives: politics

Surprised

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Writing on the topic of our applying economic pressure on Turkey as a means of getting an American hostage (among others) freed, Greg Ip expressed surprise and worry about the weaponization of trade in his Wednesday Wall Street Journal article.

Trade wars may be morphing into something more dangerous: financial wars.

This, though, merely exposes his misunderstanding of international trade.  Such trade is far more about national policy applied internationally than it is about economics, and international finance is just a tool of that trade venue.  Trade has always been “weaponized;” it has always been about achieving national political goals, of which economics is merely one.

Ip’s discourse also misuses the term “war;” although, he is not alone in this error.  Trade “wars,” even with finance tools being used extensively, are not shooting conflicts, and even with the global financial dislocations of events like the Great Depression or the Panic of 2008, nations’ existences were never at risk.  While trade, freely wielded as a tool of policy, can be effective at pushing the targeted nation to alter its behavior, it never threatens that nation’s independence.  It’s never war.

What Are You Going to Do about It?

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“The Vatican” has proclaimed its regret for the decades of abuse in Pennsylvania of 1,000 or more children by hundreds of the Vatican’s priests.

The abuses described in the report are criminal and morally reprehensible. Those acts were betrayals of trust that robbed survivors of their dignity and their faith.

The Church must learn hard lessons from its past, and there should be accountability for both abusers and those who permitted abuse to occur[.]

On the other hand, Pennsylvania’s Attorney General has pointed out the skill with which this perfidy was executed.

The cover-up was sophisticated. And all the while, shockingly, church leadership kept records of the abuse and the cover-up.  These documents, from the dioceses’ own “Secret Archives,” formed the backbone of this investigation.

Because the men who run the Catholic Church chose not to conduct their own investigation.  It’s a reminder of the atrocity in Boston two decades ago where the Cardinal there, far from nailing his child-abusing priests, simply relocated them to fresh hunting grounds.  It’s a reminder of the abuses inflicted on Argentine children only recently uncovered—officially, that is.

Talk is cheap, men of the Vatican, and rended garments easily replaced.  What are you actually going to do?

“We’ve Never Been Great”

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The soul of the Progressive-Democratic Party is Bernie Sanders’ and Alexandria Ocasio-Cortez’ blatant, enthusiastic socialism.  Now the Party’s heart is revealed, as well.  Here’s New York Governor Andrew Cuomo (D) at a bill-signing event for, ironically enough, an anti-human trafficking measure:

We’re not going to make America great again. It was never that great[.]

Of course, Cuomo has denied what he meant, but keep in mind: he’s a talented, smooth politician for whom words are stock in trade.  He knew what he was saying.

The fact is that the first time he spoke, he spoke from his heart.  He’s just speaking politically with his corrections.

Notice another aspect of his claim: Cuomo plainly does not feel like he’s a part of our great nation.  “It was never that great,” not “We were never that great.”

Remember what Progressive-Democrats believe about, and want to do to, our great nation this fall.

A Crisis Deepens?

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The People’s Republic of China has a serious debt problem, but its economy is still slowing (note, though: slower growth still is growth).  To try to control and reverse the trend, the PRC’s central bank is lessening capital requirements for the nation’s banks, pumping more money into the financial system, and urging commercial lenders to offer more loans at cheaper rates to small businesses.  Their answer to too much debt seems to be to pile on more debt, lower the backstop against failing loans, and devalue through inflation the currency needed to repay the debt.

Another day older and deeper in debt.
St Confucius, don’t you call me ‘cos I can’t go,
I owe my soul at the Chairman’s call.

The Will of the People

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The West Virginia House of Delegates has returned articles of impeachment against every one of the sitting Justices of the State’s Supreme Court.  One Justice, Robin Davis, has resigned her post, doing so before any of the impeachment cases proceed to the West Virginia Senate for trial.  In her resignation press conference, Davis complained

The majority members have ignored the will of the people who elected the justices of this court.  They have erased the lines of separation between the branches of government.

The will of the people in electing Supreme Court Justices is overruled, is it?  Certainly it has been—by the will of the people as expressed in their election of the Representatives who voted for (and against) the impeachment. Those elected Representatives will be subject to the will of the people again, and much sooner than the Justices would be—the one stands for election every two (Senators, who will conduct the trial, every four years); the other only every dozen years.

Beyond that, it’s a critical function of the Legislature to remove misbehaving people from government, including those of the other branches of government.  This is what impeachment and trial proceedings are for.

The will of the people is being well served.