Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts

September 7, 2016

Shooting Blanks

Like this joke gun, this unfortunately is our national standing as a paper tiger in the new world order.

Just this last week...

1) China: "To diminish the US," our President is forced to disembark from the underbelly of Air Force One, because they wouldn't give him mobile stairs, let alone a red carpet welcome, while they continue the illegal buildout in the South China Sea threatening freedom of navigation of the seas. 

2) Russia: Russia stares down our President and ignores 17 U.S. overtures to end the more than 5-year civil war in Syria that has cost over 400,000 lives, made 5 million refugees, and over 8 million more displaced, and let's not even talk about Ukraine. 

3) Iran:  For the second time in as many weeks, Iran has sent numerous speedboats to harass U.S. Navy ships in international waters in the Persian Gulf, and this after it was just disclosed that we sent 2 more plane loads of cash to Iran--3 in total for $1.7 billion to "leverage" another hostage release by Iran--and after we chased them on a deal to remove sanctions on their dangerous nuclear WMD development. 

4) North Korea: 3 more midrange ballistic missiles were fired from North Korea toward the Sea of Japan in a continuing escalation of hostilities there on top of prior long-range and submarine-based missile launches further threatening the U.S. 

5) Laos: Even in the traditionally friendly country of Laos, the President is snubbed by terrible name-calling and insults and is forced to cancel his meeting with their leader. 

6) Trade pacts:   Whether your looking east or west, both the Transatlantic Trade Deal (TTIP) and the Transpacific Partnership (TPP) are dead, while Brexit is a fait accompli, the setback to the world economy, trust, and collaboration is tangible. 

7) Terrorism: The "U.N. warns of growing Islamic terrorist threats" as more than 500 have been murdered in the last 6 months alone from Belgium to the U.S., and the threat growing from a more decentralized worldwide terrorist apparatus, as well as the potential employment of weapons of mass destruction

Whether with regards to other world powers or global alliances, our standing in world affairs in troubling at best and seriously threatened at worst.  

As long as we are shooting blanks of blue stardust, we will continue to lose credibility, respect, and the ability to effect positive change and influence in an increasingly dangerous world. ;-)

(Source Photo: Andy Blumenthal)
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May 15, 2012

Getting Off The Debtor Highway


I.O.U.S.A. (2008) is the best explanation of our nation's financial problems and the deep severity of these that I have ever seen.

This video is a 1/2 hour condensed version of the full almost 1 1 /2 hour award-winning documentary.

David Walker, the former Comptroller General of the U.S. (1998-2008) is the star of this movie.

The documentary, with Walker's steadfast warnings, describes the 4 ominous deficits that are driving this country to Financial Armageddon:

1) Budget Deficit

2) Savings Deficit

3) Trade Deficit

4) Leadership Deficit

What is incredible is how rather than listening to Walker's exhortation, when the National Deficit was $8.7 trillion in 2007, just 5 years later now, there is a deficit going on nearly double that of $15.7 trillion.

We are facing a financial ticking time bomb that could result in huge inflation, economic stagnation, and the undoing of our economic and national security.

Moreover, towards the end of this year, we are facing the economic one-two punch of rising taxes and reduced national spending that could easily send our economy spiraling into recession or even depression.

Add to that rising interest rates, a financial crisis in the  European Union, a continued housing crisis and high unemployment at home, and a true economic reckoning is at hand.

Watch I.O.U.S.A. and become proponents for financial discipline for ourselves and for the country.

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January 9, 2010

Architecting A Secure Society

Once again, we are confronted with the basic security question of how much is the right amount?

It’s a classic catch-22 that requires us to architect security to meet opposing ends: we expect security to be as much as necessary to stop the terrorists, but as little as possible to ensure efficient travel and trade and maintain people’s privacy and equality.

In the last decades, we have behaved schizophrenically, calling for more security every time there is an attempted attack, only to withdraw and demand greater privacy protections, speedier security processing, and only random checks when things cool down.

The Wall Street Journal reported in the January 9-10, 2010 edition that the U.S.’s handling of security nowadays is an ever-losing proposition. The article calls it a virtual game of “Terrorball,” in which we cannot win, because there only two perpetual rules:

· “The game lasts as long as there are terrorists who want to harm Americans; and

· If terrorists should manage to kill or injure or seriously frighten any of us, they win.”

Based on the above, I believe that we can only win the game by changing its rules. Rather than being reactive to every terror scare, we are prepared with one approach—one that delivers an optimal level of security based on the current level of risk.

I recall when Michael Chertoff was Secretary of Homeland Security. During that time, he was a strong advocate for a risk-based approach that was multilayered, strong yet flexible enough to accommodate changing circumstances. From that perspective, which I think made a lot of sense: security decisions are made on the basis of objective criteria. These include technical feasibility, maximum effect, cost-benefit analysis, and so on.

A risk-based approach, or what I call “optimal security,” clearly makes a lot of sense. Yet it is tempting, when a security situation actually occurs, to let emotions get the better of us. On the one extreme, sometimes hysteria takes place and everybody seems a potential threat. Other times, we get angry that anyone at all is subjected to scrutiny or questioning.

In order to save the most lives and change the terror game, we have to decide to become more rational about the threat that faces us. This doesn’t mean being cold and calculating, but rather rational and proactive in developing a security architecture and governance that seeks to protect the most with the least negative impacts—but not trying to plug every possible hole at all costs.

In optimal security: sure, there is the ideal where we want to protect every American from every possible threat. However, there is also the reality where, because of competing priorities and scarce resources (to address everything from the deficit, health care, education, social programs, energy, science, defense, and more) we cannot—no matter how much we genuinely want to—prevent every terror instance.

So the terror playbook can and should be transformed. We can recognize there will always be terrorists—enemies of the state—who want to harm us and given enough attempts, no matter how optimal our security, they will occasionally get a sucker punch in on us—and we must be prepared for this. Moreover, rather than “freaking out” about this the terror threat, we can grow and commit to doing the best we can and accepting that we will increase security when information is there to support that need, and we will relax when that becomes possible.

Bottom line: We must move away from hysteria and any other factor that prevents us from being objective and make rational choices to deploy protections that are most effective and simultaneously safeguard our liberty.

“Life, liberty and the pursuit of happiness” captures the security debate well. We want to safeguard lives, but at the same ensure liberty and we want to be happy and not afraid all the time.

To accomplish this balance, our optimal security realization should be based on highly effective intelligence, supported by the very best technology, and a security platform that adjusts to threats in real time.

While our intelligence continues to strengthen and our technology continues to improve, the greatest challenge is our ability as a nation and as individual human beings to cope with the distress caused by terrorism.

We are ambivalent emotionally about the threat and what needs to be done to combat it. However, once we look inside and understand the emotions that this issue raises, and come to terms with reality we face, we will as a nation be more at peace and less likely to jump from one extreme to another in terms of our demands and expectations from those who protect us every day.


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