Showing posts with label Syria. Show all posts
Showing posts with label Syria. Show all posts

Friday, June 27, 2014

QUINN ON EMANUEL’S PHONE TAX, U.S. INVOLVEMENT IN SYRIA AND IRAQ, EXPORTING CRUDE OIL, AND TRADING BASICS

6/27/14

Summer is finally getting to be some fun, and writing these screeds is a major element of said fun.  This week, I feature posts on basic trading and economics, Iraq and Syria (of course)…and a masterpiece, if I can say so myself, on the phone tax increase that illuminates much of Rahm Emanuel’s thinking.

CHICAGO’S PROPOSED PHONE TAX INCREASE:  RAHM EMANUEL’S IDEA OF “CONSTITUENT SERVICE”
You think the property tax can be regressive?  Try this phone tax.  Do you think Rahm Emanuel gives a rat’s hindquarters?   He’s just serving his natural constituency.

MORE ENLIGHTENED THINKING FROM WASHINGTON:  LET’S FIGHT IN BOTH IRAQ AND SYRIA!
There is no limit to the world’s battlefields and potential battlefields, which Washington sees as more opportunities to keep the “defense” contractors happy…and writing checks.

KEEP ALL CRUDE OIL AT HOME?   “LAST NIGHT I HAD A WONDERFUL DREAM…”
I suppose we’d all like to be swimming in cheap domestic crude, but the world doesn’t work that way.   It looks like somebody in Washington understand this, but it’s not who you’d think.

BAD ECONOMIC NEWS = A HEALTHY STOCK MARKET?  BUT OF COURSE!
Pretty basic stuff for many of my readers, not so basic for others.  However, in trading and investing, as in so many other fields of human endeavor, ignoring the basics is the source of much misery.   One of those basic points is that you don’t have to like a particular policy or approach to act on, and profit from, that policy or approach.  Ideology and investing, and certainly trading, don’t mix.

Have a great weekend, everybody.  While I don’t pretend to understand this World Cup stuff (For example, why is losing such a good thing?), it’s sort of fun.



For more on Chicago’s politics, see my books:
The Chairman:
The Chairman’s Challenge:

Friday, June 13, 2014

QUINN ON IRAQ, SYRIA, ERIC CANTOR…AND $5,000 SUITS

6/13/14

Somehow I was under the mistaken notion that things would slow down with the summer and the consequent lightening of my teaching load, but that has not been the case.  Still, I’ve managed to comment on what I consider the big story of perhaps the year, or maybe even the decade, the goings on in Iraq, and a few other items for good measure:

SYRIA AND IRAQ:  THE BUSH/OBAMA ADMINISTRATION PUTS US ON BOTH SIDES OF A RELIGIOUS WAR
..and we continue to elect these Bozos from both parties who are apparently completely ill-equipped to deal with a dangerous world…or any world in which they are not completely insulated from reality, for that matter.


IRAQ ON THE VERGE OF BECOMING A TERRORIST PETRI DISH:   THANK THE BUSH/OBAMA ADMINISTRATION
Yes, I will blame Bush…and Obama and Hillary Clinton.  They are all guilty of making the Middle East a fiasco…but none is more guilty than George W. Bush, an utter and complete disaster of a president.


WALL STREET DRESSES DOWN TO SEAL A DEAL
The smart money guys wear $5,000 suits?  O tempora, o mores!


ERIC CANTOR AND THE GOP ESTABLISHMENT GO DOWN HARD IN VIRGINIA
Few elections have ever made yours truly happier.


THE BIGGEST FAILURE OF HILLARY CLINTON AT STATE
Benghazi is only a symptom of a much larger policy failure.

Have a great weekend and a great Father’s Day.  I will.




See my two books, The Chairman, A Novel of Big City Politics and The Chairman’s Challenge, A Continuing Novel of Big City Politics, for further illumination on how things work in Chicago and Illinois politics. 

Friday, May 9, 2014

QUINN ON SYRIA, PRAYER AT PUBLIC MEETINGS, AND EMANUEL’S DISPENSING HIS WISDOM ON WABASH

5/9/14

Time is tight, as it has been for the last several months, but a man’s gotta write what a man’s gotta write…

WHY DO SO MANY IN WASHINGTON WANT TO HELP AL QAEDA IN SYRIA?
Contrary to what the likes of John McCain would have you believe, militarism and meddling does not equate to patriotism.


CAPTAIN OBVIOUS STRIKES AGAIN:  SUPREME COURT SAYS IT’S OKAY TO PRAY
Maybe this is the beginning of the end of all the silliness inflicted on us by the freedom from religion crowd…but probably not.


RAHM EMANUEL TO DOWNTOWN BUSINESSPEOPLE:  JUST SHUT UP AND PAY
And have you noticed how the local media, or at least elements of the Chicago Tribune, seem to have turned on their consanguineous champion?  Still…bet heavily on the wise and mighty Rahm’s reelection.  In the screwed up politics of enlightened, modern day America, it’s all about money, and Mr. Emanuel has boatloads of it.


Have a great weekend, everybody, and God bless and thank all of you out there who are mothers.





See my two books, The Chairman, A Novel of Big City Politics and The Chairman’s Challenge, A Continuing Novel of Big City Politics, for further illumination on how things work in Chicago and Illinois politics. 



Thursday, June 14, 2012

“…THE CRAZIES ARE ROLLING INTO KANDAHAR."

6/14/12




According to this morning’s (Thursday, 6/14/12’s, page A8) Wall Street Journal, the CIA and the State Department are ramping up their aid to the opposition in the (Let’s call it what it is.) Syrian Civil War, known as the Free Syrian Army (“FSA”). Our intelligence agencies, working through proxies, primarily the Gulf states, are helping the FSA with logistics and communication, primarily to ease the movement of supplies to the FSA.

In determining and planning its moves in Syria, the U.S. operation is drawing on its experience in Libya, as if that now lawless land, where no effective government is in place and retribution is the guiding force behind the machinations of the various factions formed after the overthrow of the murderous Colonel Gadhafi, is a glowing example of fruitful intervention in other people’s conflicts.



Who knows what’s next? The French would like to go further, asking the U.N. Security Council to vote on a resolution giving U.N. members a mandate to intervene, even militarily, in Syria. Given Russia’s and, to a lesser extent China’s, support of the Assad regime, this resolution will never pass. Russian intransigence on this issue almost makes one grateful for the Cold War.



Why am I currently so happy that the Russians stand in the way of a more robust western intervention in Libya? I can only think of December of 1979, when the Russians invaded Afghanistan. The West, and especially the United States, felt it incumbent to do everything possible to thwart Russian colonization of that landlocked no man’s land. Even the normally pacifist Carter administration was enthusiastic about a surrogate war in Afghanistan, and that enthusiasm picked up considerably when the Reagan administration assumed office. Just as in Syria today, we worked through surrogates, primarily Pakistan but also the same Gulf states whose scores we are helping to settle in Syria. We started out just providing logistical support to what was then called the mujahideen. As the war dragged on through the ‘80s, this support ramped up to the point at which we were providing all sorts of arms, including Stinger missiles, to this ragtag band of resistance fighters. Their eventual defeat of the Soviets, and the Russians’ withdrawal from Afghanistan with their tails between their legs, was considered a major victory in the Cold War and one of the final straws in the fall of the Soviet Union. Both, especially the latter, were exaggerations, but the action in Afghanistan drew wide and bipartisan support in this country; even Democrats who would reflexively oppose anything President Reagan proposed were solidly behind his Afghan strategy.



So what was the result of our Afghan intervention? The mujahideen morphed into al- Qaeda. A scion of a wealthy Saudi family named Osama bin Laden made his bones in Afghanistan and moved quickly up the ranks of the jihadists, primarily through his monetary contributions but also through his charismatic appeal to this group of people who swore to defend and impose their version of Islam to the death. The Taliban eventually cleared out all alternative rulers in Afghanistan, primarily through making peace with bin Laden and al-Qaeda, allowing bin Laden’s people free reign in a largely ungovernable Afghanistan. And the rest is history: worldwide jihad, 9/11, the “war on terror,” Iraq, and Afghanistan, which would have been the Russian’s problem and quagmire were it not for our intervention, has become our problem and quagmire.



While I can’t understand the geopolitical impulse to oppose everything Russia, either Soviet or post-Soviet, does in order to fulfill the U.S. government’s, and especially the U.S. military industrial complex’s, ever present need for a bogey-man, I can understand the humanitarian impulse that leads us to want to do something for the Syrian people against a second generation tinpot who, just like his father, shows no compunction about using anything, including mass murder, to keep his people under his thumb. But we have to use our heads as well as our hearts. The parallels to what appeared to be the successful Afghan intervention but what turned out to be a geopolitical disaster on a massive scale, are too stark to ignore. We try to reassure ourselves, to tell ourselves that we are smarter now, that we have learned from our mistakes, but the historical evidence, and especially the recent historical evidence, provides little support for such a contention.



Yes, we’d like to help the Syrian people; what decent people wouldn’t? But we wanted to help the Afghan people, too. The result was a disaster for us and seemingly endless misery for them. A little humility is in order here; we have neither all the answers nor the capability and resources to help everyone the humanitarian impulse would lead us to help.