Given CATO's theory that trade deficits are linked to low unemployment, Egypt should have a severe worker shortage by now.
The sequel — call it “Dumb and Dumberer” — is still playing on CNN and Fox News. No matter: the important matters are now in the competent hands of Prince Bandar, whose judgment I prefer to that of John Kerry or Susan Rice or John McCain any day of the week. The best-case scenario would be for the grown-ups in the region to ignore the blandishments of the Obama administration as well as the advice of the Republican establishment, and to do what they have to do regardless.
Americans who want to conduct a great experiment in democracy will have to take their laboratory somewhere else.
Update:
Why can’t we get 14 million people into the streets to proclaim that Obama is an idiot like the Egyptians did? Over at ZeroHedge, Jim Quinn posts pictures of the banners in the mass demonstrations. They are inspiring. One read: “Obama you jerk, Muslim Brotherhoods are killing the Egyptians, so how come they can guarantee you the security of Israel. Hey Obama, your deal with the Muslim Brotherhood is unsuccessful. Obama you idiot, Keep in mind that Egypt is not Muslim brotherhoods and if you don’t believe that go and see what’s happening in Tahrir Square now.” Another reads, “Obama, your bitch is our dictator.” A picture of Hillary Clinton read, “Hayzaboon [ogre] go home.” Many banners simply read, “Obama supports terrorism.” Others were too harsh to mention in a family site. Happy 4th of July!
Given CATO's theory that trade deficits are linked to low unemployment, Egypt should have a severe worker shortage by now.
Given CATO's theory that trade deficits are linked to low unemployment, Egypt should have a severe worker shortage by now.
Socialist governments have a long history of disposing of segments of the population they don’t want or who doesn’t support them. The question is what does the democrats and rinos have planned for the Conservatives?
FYI
True but Spengler leaves out the key examples.
In Europe, the efforts of the ruling class to replace Europeans with Moslems/Third Worlders. "A people can recover from an economic crisis or a war but not from the replacement of its native population: without French, there's no more France." Génération Identitaire
In the US, the same thing, begun by Teddy Kennedy's immigration "reforms" and to be continued by the current ones.
The notion that this band of Jew-hating jihadi thugs might become the vehicle for a transition to a functioning Muslim democracy was perhaps the stupidest notion to circulate in Washington in living memory.
He's right on the above...not even second stupidest - but absolutely THE stupidest.
Something that we're starting to lose over here with our thuggy FBI, IRS and Homeland Insecurity.
Which means the US $1.4 billion is trivial compared to the largess of others.
The western flank of the Arab league is now nailed down.
There is no distraction from the most important crrent effort, the death of the Assad regime.
The power of money and business is continuing to gain the pper hand over the wacko zealots
I hope FReepers read this piece. It correctly separates the goats from the sheep most don’t even realize exist
“Spengler”’s always a great read.
One of his key points: Turkey, and presumably now Egypt, are essentially kept on financial life support by Saudi subsidies. Which in effect means that the West is keeping these basket-cases afloat, since it’s our failure to develop our own petroleum reserves (ANWR, off-shore coastal fields, the US equivalent of the Canadian tar sands) that helps keep the cartel’s prices at a level that allows the House of Saud to prop up those losers.