The Election is over but the Interest Continues

So the soap opera of will they? or won't they? continues. . . .what about the "Fiscal Cliff"?
Pundits have opined about  the size of the bail out, and the likely effects.   The issue with almost all of them, however, remains what alternatives remain?   One knowledgeable observer PIMCO's Bill Gross suggests "Default or Inflation" Gross made a bet on Inflation , in April, a bet that has so far not turned out to be the correct one.  Inflation remains subdued, in part, because of the ongoing uncertainty in Europe, the hesitant U.S. recovery, and the diminished demand in China.  What does the debt question have to do with a Blog on foreign policy? The debt question will impact the ability of the U.S. to project power and pursue foreign policy goals.  The entire global picture is changing.. . .What is the nature of this change?

Simply this. . .the emerging world fault lines look less like Huntington's clash of  civilizations and more like a reprise of the 19th Century colonial struggle between Great Britain and France.  It is more a struggle for resources, market access, and control of key transportation points.  I will be discussing this analogy its strengths and its limits over the next few weeks.  As some have guessed, I will be casting the U.S. in the role of Great Britain, and China in the role of France.  First up, the challenger. . .China, its prospects and its problems.

More on China in the next few days.

Peace.

The President takes a weekend. . .

It is a shame that a sitting U.S. President has abandoned Memorial Day. For two years, the President had decided to spend his time in Chicago, rather than spend it with the Country in Washington D.C.  Now, he spends it with the troops because he's up for re election.

It begs the question as to why? This President is not the first President with No military background to be fighting a war. One has but look to Polk, and Wilson, and yet in this President we do not see the agressiveness of Polk, nor the vision of Wilson. We now see after 36 months cowardice that borders on the craven.

We are adding new crosses to the graveyards, and the President has not given the Nation a reason to make the investment.

Mr. President come out from the shadows

My Exile Is At An End

After 3 years filled with moves and mayhem brought on by the financial crisis, I can, at last, return to writing on one of my favorite topics. . .the misadventures and missed opportunities of the U.S. Foreign Policy establishment.