How To Ruin An Economy

WE hear a lot about the situation in North Korea and Asia…..there have been many articles written about just what would happen if all these words come pushing and shoving.

But has anyone thought of the consequences to the economy?

Could this be more of a problem that the flying of bullets and missiles?

Finally, someone is looking at the situation in a realistic way.

Full marks for timing, Mr President. Last week marked the 10th anniversary of the start of the biggest financial crisis since the Great Depression, making it an appropriate moment for Donald Trump to threaten North Korea with obliteration.

One of the few achievements Trump can point to in his first six months in office is that shares on Wall Street have been steadily rising since his election victory last October. The “fire and fury” remark and the inevitable counter blast from Kim Jong-un gave the markets pause for thought. But not much more than that.

Source: How Trump v Kim can wreck the world economy without a shot being fired | Larry Elliott | Business | The Guardian

There is always more to a problem than what we hear on the evening news….that is mostly speculation and sensationalism.

We need all aspects of the situation/solution but instead we are fed only that which they want us to know or consider.

Closing Thought–17Aug17

Another US Soldier Dies!

I hate that I must write these types of posts!

More sad news….I reported on Monday about 2 troops that were killed in Iraq.

Now news comes out that a US soldier was killed in Eastern Afghanistan….name is withheld until the family is notified….

One U.S. service member from the Utah National Guard was killed Wednesday during an operation against Islamic State forces in eastern Afghanistan, according to a statement from the Utah National Guard.

Approximately seven U.S. and Afghan forces were also injured in the operation, and were medically evacuated, according to a statement from Operation Resolute Support.

Identification of the service member was pending notification of next of kin, the military said.

“My heart aches for the loss and sacrifice of our members and their families,” Maj. Gen. Jefferson Burton, adjutant general of the Utah National Guard, said in a statement. “I know that what we do is dangerous and important work for our country’s defense, but this realization does little to console me during times of loss such as this.”

Wednesday’s incident brings the number of U.S. troops killed in Afghanistan this year to 11, the same number as were killed in all of 2016 in Afghanistan.
IST offers the family our deepest sympathies for their loss….may he Rest in Peace.

Emotions Are Napping

It appears as if the emotions have finally been silenced a bit….all the chest thumping has subsided….even the threats to Guam….

North Korea’s apparent walk back of its threat to fire missiles near the U.S. territory of Guam could mean military tensions with the United States have been diminished—or at least postponed.

Or it could indicate that much of the seeming escalation in tensions between the two sides last week was more rhetoric than reality to begin with. State media reported Tuesday that Kim Jong Un, the North Korean leader, made the decision following a meeting with military commanders, but he reserved the right to fire the Hawsong-12 near Guam if the U.S. grows “more reckless.”

But that does not mean the situation has abated….

Let’s say that somewhere someone has a good idea and there is an actual treaty with the North Koreans…..what would it look like?

After weeks of belligerent rhetoric, North Korea took a pause Tuesday. But where is the mercurial Kim Jong Un headed next? U.S. officials are debating whether he may want direct talks with Washington about a formal treaty to replace the 1953 armistice agreement that ended the Korean War.

The U.S. has been pursuing a dual path, threatening military conflict (semi-believably because of President Trump’s verbal thunderbolts) while also urging stabilization of a denuclearized Korean Peninsula. The diplomatic trick here is simultaneously reassuring North Korea, China, South Korea and Japan that their vital interests would be protected.

Source: What a Permanent Treaty With North Korea Might Look Like | RealClearWorld

There is an optimistic look at the future….but what will it look like if all efforts fail and we stumble into another war on the Korean peninsula?

The duelling words between President Trump and Kim Jong-un of North Korea has led to much speculation about whether war is looming.

War does seem unlikely, given that several observers have noted that the US forces in Korea and the Pacific remain in a peacetime posture, but what would be the tells that war is coming?

The Intelligence Community, our frontline observers, watch for indications and warning (I& W), specific actions that warn of an attack. What would I&W look like applied to our side to allow outsiders without security clearances to anticipate a possible conflict? The following list is based on preparations the United States took in conflicts over the last quarter century—Desert Storm in 1991, the bombing of Serbia in 1999, and the invasion of Iraq 2003— as well as what we know about the main Korean war plan, called OPLAN 5027.

Source: Korean War 2.0? The Signs To Watch « Breaking Defense – Defense industry news, analysis and commentary

A look at both sides of this situation….which would be the most preferable?

I think that is about enough with North Korea…..that is until the next mash-up….and it is only a heart beat away.

Who’s The Enemy Today?

I re-blog this from my opinion blog, GSFP, it is the most clicked on post that I have had on that blog…not going to break any records but it felt good to see that many people wanted to read. chuq

Gulf South Free Press

Since I began writing and analyzing stuff the US has had a wide array of so-called “enemies”…..those entities that pose a problem to the American worldwide agenda.

Until the 1990’s Russia was our leading adversary….We have had Grenada, Panama, the Balkans, al-Qaeda, the Taleban, ISIS, Iraq and so many minor “enemies” and in all that time, since 1979, the one constant has been Iran.

These days there seems to be a couple constant ones also……Russia (again), the various terrorist organizations, Iran (as always) and North Korea.

I am an old fart so I can look back at recent history and see the long line of potential “enemies”….it is almost like the soup du jour…..it changes on a whim from the powers that lead.

I do a lot of reading daily and the other day I was reading a pro-Libertarian site, Hornsberger’s Blog, that was covering this ever changing landscape of…

View original post 267 more words

The Other D-Day

World War 2 in Europe

Our greatest generation is slowly disappearing…..most of us know about D-Day and to some small way the battle for Italy which started in North Africa and then onto Sicily and the then the mainland.

But how many of my readers have ever heard of Operation Dragoon?

Operation Dragoon was conceived almost simultaneously with Operation Overlord, the June 6. 1944 Normandy Invasion but, was shelved until the allies were assured of Overlord’s success. From the onset, Winston Churchill was vehemently opposed to the campaign. Churchill favored increased prosecution of the Italian campaign and securing the Balkan oil producing regions. Denial of these regions to the Germans and to the Red Army reinforced Churchill’s distain and mistrust of the Soviets and saw this as an advantageous negotiating tool in a post-war Europe.

Overruled by the Allied Command Chiefs of Staff, Churchill begrudgingly acquiesced. The key to the campaign’s absolute success was securing the much needed ports of Toulon and Marseilles. The Allies having a northern and southern supply line in France would trap the Germans in a pincer movement and drive them back into the Rhineland.

Source: Operation Dragoon: The Forgotten D-Day | Human Events

This Operation is of special interest to me for I had an uncle that fought up Italy and onto the shore of Southern France in Operation Dragoon.

This theater of WW2 gets very little attention……less than it deserves.

History lesson has been delivered…..keep the memories alive!

Class dismissed!

Those Damn High Drug Prices

The health care debate is silent for now….but it will return if Congress has its way……

Whenever the subject of a health care bill comes up one of the first issues they talk about but never do anything about is that of the High Cost of Drugs.

But who can we blame for the high costs?

First of all Bill Clinton…..and then on from him….

Why do Americans continue to pay the highest prices for medicine in the world? The answer lies in the fact that lawmakers have sculpted specific policies, often not found in many other nations, that boost pharmaceutical industry profits. Meanwhile, the drug industry has spent $61 million on state elections and nearly $67million on federal elections since 2010.

Amid rising public anger over the issue, Republican President Donald Trump campaigned for president on a promise to reduce drug prices — and, as recently as Monday, excoriated Merck & Co. CEO Ken Frazier, demanding that he “LOWER RIPOFF DRUG PRICES!” Democrats, in the meantime, have long depicted themselves as fight-for-the-little-guy populists crusading against pharmaceutical industry fat cats.

However, key players from both parties have made pivotal decisions at the federal and state levels that have kept drug prices high — and pharmaceutical industry profit margins wide. As part of International Business Times’ ongoing coverage of the fight over drug prices, what follows is a look at six of those individuals, and how their actions have shaped America’s prescription drug market.

Source: Why Are Drug Prices So High? These Politicians Might Have The Answer

Now you know why we pay more for drugs than anyone in the world and thanx to the system these people set up….we will always pay more than they are worth.

Who will step up and make the high cost of drugs a priority?  The Dems?  Of maybe the GOP?

How To Handle The North Korea Situation

This situation with North Korea is getting a bit redundant…..this will be the last pot for now on NK that is until something new breaks….

I have offered my many opinions on how to handle the North Korean situation….and during those opinions I have had some dolt from the Right go off with something about the situation that has little to nothing to do with the situation.

These people seem to have the same opinion….”nuke ’em all and let God sort them out” mindset.  They offer little as far as an actual idea on how the situation needs to be approached.

First the report that came out over the last weekend……

China’s president delivered a direct message to President Trump: Ease up on the North Korea rhetoric. In a phone call with Trump Friday night, Xi Jinping said he wanted both sides to avoid “words and actions” that would make the situation worse, per the BBC, citing Chinese media. The White House statement on the call said the two leaders agreed that North Korea must stop its “provocative and escalatory behavior,” though it didn’t mention Xi’s plea to Trump as well. The call came after Trump made a series of aggressive statements directed at Pyongyang on Friday, the most recent one saying that the North would “truly regret” any missile launches toward Guam. The North, meanwhile, ramped up its own rhetoric on Saturday with a boast that 3.5 million people have volunteered to join the military to fight the US, reports the Washington Post.

“All the people are rising up across the country to retaliate against the US thousands of times,” said a newspaper. Meanwhile, China isn’t the only nation worried. Japan installed missile interceptors, South Korea is speeding up the process needed to deploy the Terminal High Altitude Area Defense (THAAD) missile-defense system, and Germany’s Angela Merkel voiced concern after one of Trump’s tweets, saying, “I consider an escalation of rhetoric the wrong answer,” per the Guardian. Despite his aggressive language, Trump also has spoken of a non-military outcome. “Hopefully, it will all work out,” he said Friday. “Nobody loves a peaceful solution better than President Trump, that I can tell you.”

3.5 million have signed up to fight…..now if that report is accurate it is something to think about…..has any American felt such patriotic fervor and signed up?