Well-rehearsed answers at the nomination hearings: Read my article here.
Archive for the ‘politics’ Category
From Raul Castro, “We won the war.”
Little known fact:
During the administration of Gerald Ford, a remarkable two-year diplomatic initiative was undertaken by secretary of state Henry Kissinger and his assistant secretary of state for inter-American affairs, William P Rogers, to normalise relations with Cuba. Had the talks succeeded, the US embargo would have been eliminated, with diplomatic relations between the two countries fully restored as early as 1976. If nothing else, Kissinger wanted to add the notch of Cuba to his diplomatic belt. After China, Kissinger assumed Cuba would be a cakewalk. “Little did we know,” sighed the late Rogers when I interviewed him.
But the potentially historic talks sputtered in December 1975 when Castro decided to intervene in the Angolan civil war. To their everlasting shock, the US team came to the inescapable conclusion that Castro was ready to sacrifice a rapprochement with his most important neighbour to pursue a bizarre military adventure halfway across the globe.
From that arm of the Vast Right Wing Conspiracy . . . The Guardian.
Linked to by The Devil’s Excrement. Thank you!
Oleg Atbashian, the brilliant graphic artist of The People’s Cube, might call it prog porn; Carlos Eire titles it Sieg Heil, Cristina! Hitler, Stalin, and the dark sources of Latrine American inspiration instead.
You choose, comrade:
Cristina Fernández de Kirchner,
In case you wonder, “wasn’t Cristina’s idol, Eva Perón, sheltering Nazis in Argentina?“,
Cristina Fernandez de Kirchner, the country’s first female president, said women of her generation owed a huge debt to Peron for her ‘example of passion and combativeness.’
Carlos has the artwork on that, too.
After all, in case you need a reminder, The Nazis were socialists…
Having voted with my feet, I’m asking Why weren’t taxes an issue in the last election? at Da Tech Guy Blog.
Don’t fall for the trap: Why Obama should not be impeached when he grants executive amnesty.
Linked to by Pirate’s Cove. Thank you!
Today I’m Comparing voting in NJ to voting in FL at Da Tech Guy Blog.
I didn’t go into the local politics in my article, but after decades of political campaigns in four states, I had never experienced such bombardment as the local Florida Crist-Scott campaign this year. You could not escape the campaigns: TV, radio, robocalls, internet (Google ads ran Crist ads in my blog), knocking on doors, campaign workers at the mall, both sides did not let up.
— Ed Driscoll (@EdDriscoll) November 5, 2014
Last night I was in Rick Moran’s Election Night Extravaganza, co-hosted by Jazz Shaw, along with other guests voting law expert J. Christian Adams, political consultant Jeff Kropf, and Rod Kackley and Bridget Johnson of PJ Media. I was on the second hour.
Today at 1PM Eastern I’ll be in Silvio Canto’s podcast on US-Latin America issues with Michael Prada.
Even when the Venezuelan government has not allowed its own numbers to be verified for almost a decade, and stopped reporting various standard economoic indicators several years ago (practices which all started during Chavez’s administration), the numbers that it does report confirm The Economist’s appraisal of the country as Probably the world’s worst-managed economy.
Right now the government,
facing deteriorating economic conditions at home, is quietly slashing imports to cover foreign debt payments amid a severe hard-currency crunch.
Carmen Reinhart and Kenneth Rogoff write on Venezuela’s Spectacular Underperformance
Maduro, of course, rules over a major oil-exporting economy that is so badly mismanaged that real (inflation-adjusted) per capita GDP today is 2% lower than it was in 1970, despite a ten-fold increase in oil prices.
The relevant reality now is the long-term plight and dwindling standard of living of the average Venezuelan citizen. Over the past 45 years, as Venezuela’s real per capita GDP fell, US per capita GDP roughly doubled and Chile’s per capita GDP nearly tripled. And neutral observers project that 2014 will be even worse for Venezuela – not surprising, given the chaos of the country’s policy fundamentals.
Venezuela repeatedly has defaulted on the moneys it owes on pharmaceutical imports, food, airlines, oil suppliers and joint-venture partners; Reinhart and Rogoff ask
historically there have been many external defaults without domestic defaults, the converse is not true: nearly all domestic defaults are “twin defaults” that also involve external creditors. Will the Venezuelan case be different?
However, Francisco Toro points out that
in the technical sense that’s relevant in market terms, Venezuela is not in domestic default.
. . .
This is the crux of the Great Venezuela Macro Debate of 2013-2014: to what extent can the government’s patent inability to meet its obligations be ascribed to a basic inability to pay, and to what extent is it just the Nth insane distortion you get when the government makes it illegal to pay a penny more than 77 cents for a $10 bill?
So, while we split hairs on exchange rate misalignments and the like, Venezuela undoubtely becomes a land of political killings and gang turf wars.
Related: Venezuela: The Left vs. reality
Carlos Alberto Montaner y Álvaro Vargas Llosa, autores del libro “Últimas noticias del nuevo idiota Iberoamericano”, analizaron en InfobaeTV el rumbo del Gobierno y advirtieron que “camina hacia una catástrofe“. Las trampas del populismo y la “responsabilidad” de la oposición.
En la Argentina se instaló un sistema populista, de gran concentración de poder político; de erosión sistemática de los contrapesos y del control del poder; un sistema económico muy perverso, que consiste básicamente en extorsionar al campo para subvencionar a la ciudad, a través de eso crear un voto cautivo para permitirle al sistema una continuidad”, sentenció el peruano.
Luego advirtió por las dificultades crecientes que enfrentará la economía por la desaceleración que sufrirá como consecuencia de los cambios en las condiciones internacionales. “Hoy tiene un gasto público descomunal y una tendencia a gastarse todas sus reservas, que está provocando una situación de mucha urgencia, muy dramática”. Incluso consideró que una devaluación como la de enero puede no ser suficiente para hacer frente a la brecha entre el dólar oficial y el libre: “A los pocos meses el mercado te demuestra que tus políticas están cayendo en las mismas consecuencias”.
Montaner no fue menos optimista. “Argentina está en un ciclo muy negativo, camina hacia la catástrofe“.
El cubano reconoció que, pese a ese agotamiento que denuncian, el Gobierno goza de un considerable apoyo. “Si la oposición no consigue juntarse, va a ser muy difícil el remplazo y el sostenimiento del remplazo”.
Y explicó que “en el grupo clientelista, los clientes van a mantenerse unidos porque tienen un interés particular, que no es el del Estado, pero la oposición tiene una responsabilidad de sacar al país de esta terrible situación”.
Back to English, in other Argentina news:
The contempt decision comes after the country has made several attempts to get around Judge Griesa’s series of rulings that say the country can’t pay its restructured bondholders until it pays the approximate $1.6 billion it owes to its holdout creditors.
Argentina recently passed legislation to switch the jurisdiction of its bonds governed by U.S. law to Argentina, which Judge Griesa repeatedly has said is illegal and can’t be carried out. The country also is trying to remove Bank of New York Mellon Corp. BK -0.85% as the trustee bank that processes payments and replace it with a local Argentine bank, another move that triggered the contempt citation.
“[Argentina] has been and is now taking steps in an attempt to evade critical parts of” U.S. court order, Judge Griesa said on Monday at the federal courthouse in Manhattan. “There’s a very concrete proposal that would clearly violate the injunction.”
Judge Griesa has jurisdiction in this case because Argentina in the 1990s borrowed money from foreign investors under the agreement that any disputes would be litigated in U.S. courts. Argentina defaulted in 2001, and has for years battled hedge funds that refused to accept debt exchanges in 2005 and 2010.