Know Your Enemy, Know Yourself
The U.S. is fighting the war on terror in all the wrong ways and I think it's because they don't know their strengths and weaknesses, but they are learning. So far the U.S. has used its military might to fight the poorly defined war on terror. They are loosing the war and their shirts! Bush is like a drunk rich kid with a credit card ( see US Dept of State - Bush Proposes $2.4 Trillion Budget Emphasizing Defense, Security, where you can find out about his $521 BILLION deficit JUST IN 2004! To put that into perspective, he increased the public dept by 12.5% in 1 year! Fact-Check: Debt!).
The U.S. real muscle is in it's wallet. Instead of spending billions killing people, it could have used that money to build schools and hospitals for the people that hate them (like the way a company will spend money to improve it's image to a demographic), they wouldn't hate you anymore! Also changing the foreign policy so that you may not make as much money, but don't make the people soo angry they start terrorizing you would probably be cheaper. Know yourself, if you are good with money, buy the people off. Know you enemy, if they are willing to blow themselves up they be afraid of you blowing them up.
The U.S. real muscle is in it's wallet. Instead of spending billions killing people, it could have used that money to build schools and hospitals for the people that hate them (like the way a company will spend money to improve it's image to a demographic), they wouldn't hate you anymore! Also changing the foreign policy so that you may not make as much money, but don't make the people soo angry they start terrorizing you would probably be cheaper. Know yourself, if you are good with money, buy the people off. Know you enemy, if they are willing to blow themselves up they be afraid of you blowing them up.
posted by Eddie | 2:46 AM
3 Comments:
agreed. i think 500 billion is ~7% debt of outstanding debt which is at $ 7,385,189,747,093.81
the corporate scandals of recent years were basically the result of a stock options and a skewed return distribution where a CEO was rewarded hundreds of millions for creating a 1 year pop in stock prices, even if it was detrimental to the future of the company.
mr. bush, who helped all his friends get off with his weak white-collar crime law, is now spending what ever he feels like. in the short run, he gets to fight some wars, not worry about social security, medicare, or the economy. just spend spend spend. oh, by some coincidence all his friends get rich while he spend spend spends (wall street, big oil and defence contractors). even if it is detrimental to the future of his country.
so why not spend your way out of this mess? my conspiracy theorist comment is he doesn't want to make iraq rich and democratic, he wants to respark the crusades, and won't stop till he's bombed any country that doesn't go to church on sundays
The debt I quoted doesn't include the inter-governmental loans, I don't know what that is.
Ross, I agree completly. Especially when I learnt that the debt is owned by the private sector (banks and rich people). So with a bigger debt the U.S. has to borrow more mooney from the rich and give them a great, guarenteed (almost :-) return.
I don't think he wants to start the crusades... I just think he want to continue plundering for oil! (But that's most based on my belief that he'd rather fight imaginary enemies for his imaginary friend, god. Though I guess that is pretty close to crusading when you right it out :-)
> The debt I quoted doesn't include the inter-governmental loans, I don't know what that is.
A somewhat weird law is that any gov't agency with a surpluss must invest in gov't securities. So suppose the IRS, or CIA get 100 billion over the year in 25 billion dollar installments. During the quarter utnil the money is spent, they don't just let the money sit in a bank account, they invest their temporary surpluss in govt bills. So i would include intergovernment loans in total debt since otherwise there are too many book keeping tricks that keep it off. The debt as "accumulated deficit" still exists, it was just temporarily bought by some agency.
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