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India: U.S. Completes Global Military Structure {Why is BO going to India anyway?)
Blog from Middle East ^ | September 12, 2010 | Blog from Middle East

Posted on 11/03/2010 5:41:20 PM PDT by erkyl

[snip]Reports in both the Russian and Chinese press speculate that when U.S. President Barack Obama visits India in November he "may secure $5 billion worth of arms sales," a deal that "would make the US replace Russia as India’s biggest arms supplier" and "help India curb China’s rise."

[snip]"The Obama administration is trying to persuade New Delhi to buy American jet fighters instead [of Russian ones], a shift White House officials say would lead to closer military and political relations between India and the U.S. It would also be a bonanza for U.S. defense contractors, and [the White House] has dispatched senior officials such as Mr. Gates to New Delhi to deliver the message that Washington hopes India will choose American defense firms for major purchases in the years ahead."

[snip] The White House is negotiating new export control agreements with India to assist American arms firms to sell more high-technology weapons to the Asian nation.

(Excerpt) Read more at blogfrommiddleeast.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: barack; india; obamaindiatrip; obamasarmada; weapons
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Maybe this is why BO isn't talking about this trip.

With apologies to those of you who hate the blogs. I only snipped it because it's a long article, not because I am afraid to post the entire blog. I don't even know who this person is. I just wondered why we were spending so much money to send BO to India, and this is what I found.

1 posted on 11/03/2010 5:41:26 PM PDT by erkyl
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To: erkyl

The “profit” on the $5 billion in arms sale will be less than the cost of the trip.


2 posted on 11/03/2010 5:42:53 PM PDT by GeronL (http://libertyfic.proboards.com <--- My Fiction/ Science Fiction Board)
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To: GeronL

Just what I was going to say. So, Obama “may secure $5 billion worth of arms sales”?

That’s nice. But the admitted cost of the trip is a billion dollars. And that’s probably an understatement.

Big deal.


3 posted on 11/03/2010 5:47:12 PM PDT by Cicero
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To: erkyl

I’ve got to say I’m glad to see him pay attention to India (though of course the entourage is ridiculous), given especially all his cuddling with his pals in Pokistawn.


4 posted on 11/03/2010 5:48:10 PM PDT by 9YearLurker
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Comment #5 Removed by Moderator

To: erkyl

Why? Because we are paying for it. I file it under waste, fraud and abuse, like the Spain trip for his wife, and entourage. Among other things.


6 posted on 11/03/2010 5:49:35 PM PDT by Kackikat (There is no such thing as a free lunch, because someone paid, somewhere.)
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To: GeronL
The “profit” on the $5 billion in arms sale will be less than the cost of the trip.

Exactly. They could act serious about the debt and use "Go To Meeting" (only partly kidding) ...but no...I'm sure zero ....Dimmie or something. I suppose this is MO's consolation for having to work on the campaign...just like their NY date night was.

7 posted on 11/03/2010 5:49:36 PM PDT by Aria ( "Remember, attitudes are contagious, so make sure yours are worth catching." Sarah Palin 9-18-2010)
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To: erkyl

Perhaps he will prevail on the Indians to completely manufacture them there.


8 posted on 11/03/2010 5:49:44 PM PDT by givemELL (Does Taiwan eet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
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To: GeronL
The “profit” on the $5 billion in arms sale will be less than the cost of the trip.

Exactly.

They could act serious about the debt and use "Go To Meeting" (only partly kidding) ...but no...I'm sure zero ....wanted to show the wookie the Taj Mahal and also during the Indian holiday...Dimmie or something. I suppose this is MO's consolation for having to work on the campaign...just like their NY date night was.

9 posted on 11/03/2010 5:51:16 PM PDT by Aria ( "Remember, attitudes are contagious, so make sure yours are worth catching." Sarah Palin 9-18-2010)
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To: Aria

I said the exact same thing at dinner tonight. Use Gotomeeting and apply the savings to the debt.

If only...


10 posted on 11/03/2010 5:51:55 PM PDT by erkyl (We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
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To: erkyl

0bama? He’s going the other side of the world from this:

“A Return to Jekyll Island: The Origins, History, and Future of the Federal Reserve

Federal Reserve Bank of Atlanta and Rutgers University

November 5–6, 2010, Jekyll Island Club Hotel, Jekyll Island, Georgia”

Session 8—The Future Role of the Federal Reserve System
“Two Models of Land Overvaluation and Their Implications”

This session explores two distinct models of the overvaluation of assets such as land and evaluates appropriate policy responses to the two types of overvaluation.

Paper presenter: Narayana Kocherlakota, President, Federal Reserve Bank of Minneapolis

Discussant: Anil Kashyap, Professor of Economics and Finance, University of Chicago

Moderator: Eric Rosengren, President, Federal Reserve Bank of Boston

Session 9—Panel Discussion

Panelists will share personal insights and perspectives on the purpose, structure, and functions of the Federal Reserve System.

Panelist: Ben Bernanke, Chairman, Board of Governors of the Federal Reserve System

Panelist: Alan Greenspan, Former Chairman, Board of Governors of the Federal Reserve System

Panelist: Gerald Corrigan, Managing Director, Goldman Sachs, and Former President, Federal Reserve Bank of New York

Moderator: Raghuram Rajan, Professor of Finance, University of Chicago

http://www.frbatlanta.org/news/conferences/10jekyll_agenda2.cfm


“Well, since 1913 inflation has been on a relentless march upwards, U.S. government debt has increased exponentially and the U.S. dollar has lost over 96 percent of its value.

The Federal Reserve Is Holding A Conference On Jekyll Island To Celebrate 100 Years Of Dominating America”
Published on 11-03-2010

“That is not a record to be celebrating.

The truth is that the Federal Reserve was created to enslave the United States government in an endlessly expanding spiral of debt from which it would never be able to escape. As I wrote about yesterday, that is exactly what has happened. The U.S. government debt is escalating at an exponential rate. It is a trap from which the U.S. government will never be able to get out of under our current system.”

http://blacklistednews.com/The-Federal-Reserve-Is-Holding-A-Conference-On-Jekyll-Island-To-Celebrate-100-Years-Of-Dominating-America-/11326/0/5/5/Y/M.html


11 posted on 11/03/2010 5:52:00 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: GeronL
The “profit” on the $5 billion in arms sale will be less than the cost of the trip.

You spoke my thoughts as soon as I read this. $200 mill a day? Really.

12 posted on 11/03/2010 5:52:20 PM PDT by Zack Attack
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To: givemELL

My thoughts exactly. I knew there was no way he was doing something that might be beneficial to American defense contractors (and their American employees). You can trust most assuredly that if he could outsource the jobs to the Indians, he would.

And likely, that is exactly what he will be negotiating to do.


13 posted on 11/03/2010 5:54:20 PM PDT by erkyl (We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
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To: Aria; F15Eagle

Doesn’t it make you wonder what the total taxpayer tab for these past two years has become, including meals?? Think of all the trips, vacations, dates, and room service for Zero and Family trips??? I think most Americans would have a ‘cow’ if they knew the total!


14 posted on 11/03/2010 5:54:55 PM PDT by Kackikat (There is no such thing as a free lunch, because someone paid, somewhere.)
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To: erkyl

Indians just bought $8 BILLION of coal power equipment from CHINA. This was on top of several BILLION of 3G wireless equipment.

Obama is spending $2 BILLION on his trip. He hopes to get $5 B of arms orders.

This is completely out of whack. As usual.


15 posted on 11/03/2010 5:56:23 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

Just proves once again his lack of business experience. He seems to think it’s a good deal. But, actually, now that I think about it, he’s just doing what he’s always done: Screwing us over.


16 posted on 11/03/2010 5:57:56 PM PDT by erkyl (We hang the petty thieves and appoint the great ones to public office --Aesop (~550 BC))
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To: Kackikat
Doesn’t it make you wonder what the total taxpayer tab for these past two years has become, including meals?? Think of all the trips, vacations, dates, and room service for Zero and Family trips??? I think most Americans would have a ‘cow’ if they knew the total!

EXCELLENT QUESTION. And one that without a doubt deserves an answer and full accountability.

17 posted on 11/03/2010 5:58:38 PM PDT by KJC1
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To: erkyl

American Patriot missle, soon with new tag, ‘Made in India’.


18 posted on 11/03/2010 5:58:46 PM PDT by MissyMack66 (Obama strategy: deny US military votes but give convicts the vote. This is NOT OK!)
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To: erkyl

But the White House says it’s about the Obama family celebrating Diwali in India! Aw, shucks, they fooled us again!!


19 posted on 11/03/2010 6:00:25 PM PDT by browniexyz
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To: erkyl

$1+ billion in cost to secure $5 billion in sales?

My boss would cr@p if he saw that expense/sales ratio on my monthly report....


20 posted on 11/03/2010 6:01:00 PM PDT by PGR88
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