Closing Thought–28Aug17

Another One Gone….Another One Gone…Another One Bites The Dust!

Pres. Trump is losing people…well those people that hide in the shadows and preach hate…..Flynn, The Mooch, and now the “Magic Gerkin”….Gorka.

Will Steven Miller be next? Controversial Trump aide Sebastian Gorka, an ally of Steve Bannon, is out of the White House. He appears to have been ousted as part of chief of staff John Kelly’s push to clean house, reports the New York Times. “Sebastian Gorka did not resign, but I can confirm he no longer works at the White House,” a White House official tells Politico. Even if the 46-year-old Gorka didn’t officially resign, he was clearly preparing to do so—the conservative Federalist ran portions of his resignation letter in which he expressed disappointment over what he sees as the White House’s new direction. “It is clear to me that forces that do not support the MAGA promise are—for now—ascendant within the White House,” Gorka wrote. “As a result, the best and most effective way I can support you, Mr. President, is from outside the People’s House.”

In the letter, Gorka took particular exception to the new Afghanistan strategy unveiled by the president. Like Bannon, Gorka opposes sending new troops. And “the fact that those who drafted and approved the speech removed any mention of Radical Islam or radical Islamic terrorism proves that a crucial element of your presidential campaign has been lost.” Gorka had focused on national security issues in his role as deputy assistant to the president and had plenty of critics. In fact, two House Democrats recently unveiled legislation seeking to bar Gorka and Miller from collecting White House salaries, reports the Hill. The lawmakers accused the pair of encouraging white supremacy. Gorka had been a contributor to Breitbart News before joining the White House, and it wasn’t clear whether he would rejoin Bannon there now that he’s out.

Tghe man was a toad but to be fair…there are some that saw him in a positive light….why?  I have no idea.

Source: Breaking: Sebastian Gorka Resigns From Trump Administration

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Nothing Learned In A Decade

A decade ago one of the worse financial crisis hit the world…..a crisis that could have been avoided….a sadly nothing has been learned from this collapse…

Ten years ago this month, the French bank BNP Paribas decided to limit investors’ access to the money they had deposited in three funds. It was the first loud signal of the financial stress that would, a year later, send the global economy into a tailspin. Yet the massive economic and financial dislocations that would come to a boil in late 2008 and continue through early 2009 – which brought the world to the brink of a devastating multi-year depression – took policymakers in advanced economies completely by surprise. They had clearly not paid enough attention to the lessons of crises in the emerging world.

Anyone who has experienced or studied developing-country financial crises will be painfully aware of their defining features. For starters, as the late Rüdiger Dornbusch argued, financial crises can take a long time to develop, but once they erupt, they tend to spread rapidly, widely, violently, and (seemingly) indiscriminately.

Source: The Lost Lesson of the Financial Crisis by Mohamed A. El-Erian – Project Syndicate

With no lesson learned then this will repeat itself…..only a matter of time.

OUCH! That Hurt!

NOTICE!

Today I am screwed!

I have buggered up my right foot something awful….I can hardly walk.

I will be trying to see a doctor today and do not know if I will be posting my usual stuff…..

Please bear with me and I shall return as soon as possible.

What Would A NK-US Agreement Look Like

Are we still pissed at North Korea?

The subject has seen little air time in the last week or so….so what is up with the Korean Peninsula?

The rhetoric between the US and NK has gone to the limits without much action….but what does all this bravado signify?

North Korea once again captured the world’s attention when it boldly warned that it is ready to fire missiles over Japan toward the U.S. territory of Guam. The unusually specific and unacceptable North Korean declaration rattled governments in Seoul, Tokyo and Washington. But Pyongyang’s real target is not Guam, but to ensure it remains at the centre of the conversation. In this it has been significantly aided and abetted by U.S. President Donald Trump, who took with gusto to the unwise practice of trading direct threats with the Kim Jong-un regime.

Source: Decoding the Korean Peninsula Missile Rhetoric | Crisis Group

As a person that has studied Conflict management and resolution I always like to see it when someone puts forth an idea for a settlement of a conflict that does not involve the use of force.

I recently read a piece in Geopolitical Futures that covers what a possible agreement between US-NK may look like…..

It’s a toss-up whether the United States and North Korea will sue for peace or opt for war. Still, there appears to be interest on both sides in easing tensions. U.S. Secretary of State Rex Tillerson has even intimated a possibility for direct talks. Informal talks have taken place for the past few months, of course, but these would have clearer imperatives: that Pyongyang not fire missiles at Guam and that the United States reduce the amount of military exercises it holds with South Korea. But is it even possible to reach a settlement on the terms they want?

The U.S. demand is easy to state but difficult to implement. It wants North Korea to reverse course on its nuclear weapons program. Merely halting the progress Pyongyang has already made would enable North Korea to resume development at a later date. In fact, earlier agreements fell apart because they neglected to include such a provision, and so the North Koreans were able to pick up exactly where they left off. Hence the current crisis.

Source: What a Korean Agreement May Look Like – Geopolitics | Geopolitical Futures

I think that diplomacy should always be any first step when dealing with a conflict that could go from bad to worse in a flash.