Tony Blair: Reductio ad Absurdum

In the Midst of the Chaos which is currently unfolding in Iraq, there comes our old Tony Blair (the former British Prime Minister) and makes this profound Statement on Sky News: 

"You can carry on debating about whether it was right or wrong what we did in 2003 but whatever had been done, you were always going to have a problem of deep instability in the region and in Iraq,..."

 



A very happy Tony Blair giving one of his „profound” Explanations

One might call Tony Blair's Statement to be just plain idiotic.  But that would be generous, we think.  Tony Blair's Statement is just plain arrogant and it demonstrates the Irresponsibility which he displayed as Prime Minister, in embarking, along with George W. Bush into an Adventure in Iraq which cost, nobody really knows how much it cost, but to say that it cost in Excess of One Trillion U. S. Dollars would be by no Means an Exaggeration and, more importantly, which cost Hundreds of British Lives, Thousands of American Lives and Tens if not Hundreds of Thousands of Iraqi and other Lives.

If a lowly, inconsequential Employee at some non descript Fast Food Chain would have given to his Boss the Response which Tony Blair gave as an Excuse to Fox News, he would have been likely fired on the Spot and rightly so.

But Tony Blair's Fate is different.  He has been rewarded for his Irresponsibility not only by getting invited to countless Television and other Interviews, but also landing huge, huge Contracts which have earned him enormous Sums of Money.

Failure pays would be the Reductio ad Absurdum which Tony Blair's Case demonstrates.

 

The Runaway Money Printing Policy of the Fed(eral Reserve Bank)

Fresh on the Heels of the Government Shutdown and the painful Necessity to raise the Debt Ceiling a surprising but not unexpected Announcement from the Fed, in the waning Days of the Chairmanship of Mr. Bernanke:

http://www.nbcnews.com/business/fed-says-it-will-keep-stimulating-economy-leaves-rates-unchanged-8C11498307

Basically, the Fed, under Mr. Bernanke's Policy of so called „Quantitative Easing” just announced that will be pouring another $ 85 Billion into the Stock Market, buying Bonds, each Month, for the foreseeable Future, until at least March ofr 2014.  This is Money which is not reflected in the Federal Deficit and Money which the Government neither has, nor has authorized through Congress.  The Report further states and we are quoting here,

Wall Street had expected the Fed to refrain from tapering its so-called Money Printing Operation. (Emphasis added).

According, to The New York Times,on the other Hand,

The statement contained no surprises, and the stock market barely budged. The Fed was widely expected to continue adding $85 billion a month to its portfolio of Treasury securities and mortgage-backed securities, particularly in the aftermath of the disruptive partial shutdown of the federal government in the first half of October.

The Fed maintained a relatively optimistic economic outlook in the statement, released after a scheduled two-day meeting of its policy-making committee. It said the economy continued to expand “at a moderate pace” and that the availability of jobs continued to improve.

Now, as Mr. Bernanke prepares to clean up his Desk and leave his Office at the Federal Reserve, the several Trillion Dollars that he has spent, under this ill advised Policy will, of course, remain on the Books backed by Bonds.  What Kind of Bonds?  Goodness only knows.  It will be Mrs. Yellen's Job, presumably, to find out.

This stubborn Policy, pursued by Mr. Bernanke, to „Lift the Economy by the Bootstraps” under some strange Trickle Down Theory strongly reminsicent of „Reaganomics” has been conducted by Mr. Bernanke, if not singlehandedly, because he has had the Concurrence (although not unanimous) of the Federal Reserve Board Members, certainly without the Approval, Appropriation or even Advice of Congress nor that of the President of the United States.

It is true, that the Federal Reserve Board is supposed to function independently.  One wonders aloud, however, if under „independently” the Framers of the Law setting up the Federal Reserve Bank had in mind it spending $ 85 Billion per Month without any Accountability whatsoever.  No such Thing has ever been done by anyone else, anywhere, ever, with the one notable Exception of Vice President Cheney, who spent Billions on the War in Iraq, also without Congressional Approval.

It must be said, in Defense of Mr. Cheney, that the Sums of Money he spent pale in Comparison to the Amounts being spent by Mr. Bernanke.

This is also coming at a Time where incalculable Effort has been spent on showing that there has not been and there is going to be Little if any Inflation in the Consumer Price Index.

It would take too long to fully examine what that Statement is supposed to mean.  However, in Shorthand, it can safely be said that „No Inflation” means „No Inflation” except that certain Things are not to be included in the Equation, to mention a Few, Energy (Fuel and Utilities), Housing, Commodities (Food) plus a Couple of other Things here and there...

Even that Theory, as flawed as it is, has come under Scrutiny by the Mainstream, although many Economists have questioned ist Wisdom for a long Time.

See...

http://www.nytimes.com/2013/10/27/business/economy/in-fed-and-out-many-now-think-inflation-helps.html?nl=todaysheadlines&emc=edit_th_20131027&_r=0


Janet Yellen, the presumptive incoming Chair(wo)man of the Federal Reserves disagrees with Mr. Bernanke and believes that a draconian Control on Inflation (while notably excluding the Categories noted above and more) is not necessarily a beneficial Policy.

But the Consequences will be for her to sort out, once Mr. Bernanke leaves.

We are not sure where Mr. Bernanke is headed; Rumours have persisted and it appears that it is his wish to return to teaching at Princeton University; we simply don't know.  Earlier, we mentioned, we believe more than once, that President Woodrow Wilson (who was also President of his beloved Princeton University), may have rolled in his Grave (more than once) at the Thought of some of the Things that Mr. Bernanke did; to this, we need to add that he surely would have also scratched his head, if he would have been able to.

A Step in the Right Direction: President Obama requests a Congressional Resolution on Syria

Unexpectedly the News Wires carried the White House Announcement that President Obama has decided to seek Congressional Approval Prior to bombing Syria or engaging in any Type of Military Conflict with Syria.

http://worldnews.nbcnews.com/_news/2013/08/31/20270696-obama-will-seek-congressional-approval-before-any-military-action-against-syria?lite

This would appear to signal a signficant Departure from what has been the Norm for several Prior Administrations, Reagan, Bush Sr., Clinton and, most recently and most disastruously, Bush Jr., who managed to get the United States not in one but two Wars concurrently, one of which is still being fought.

By a strict Interpretation of the Constitution, the Power to declare War rests with Congress. Article 1, Section 8,

„The Congress shall have Power...to declare War.”

This was something which was observed with fairly consistent Regularity until 1941, when Congress declared War on Japan (8 December 1941) followed by Declarations of War on Germany and Italy.  There was even a Time, including up to the Vietnam War Era and beyond, when, officially, such Events were not referred to as Wars but rather Conflicts; obviously, because no War had been declared by Congress and, how could you be involved in a War if there is no Declaration of War?  Duhhhhh!

Over the Course of History, going to War has never been an easy Thing to get into and, often, not an easy Thing to get out of either, the Latter, even more so.

Witness the still on going Conflict in Afghanistan, the Mess in Iraq which is still going on, or earlier, the Vietnam Saga.  Back to Vietnam in a Moment.  First an interesting Footnote.  Although nobody thinks of it in those Terms, from a purely technical Point of View, until today, there is no Peace Treaty which has ever been signed between the United States and Japan or, for that Matter, between the United States and Germany or Italy ending World War II.

Vietnam.  Vietnam was a Situation all its own.  The Involvement began with President Kennedy and deepened under President Johnson.  Faced with a broadening Conflict, President Johnson went to Congress and obtained a Resolution (much as President Obama appears to be seeking now), known as „The Gulf of Tonkin Resolution” (7 August 1964) and proceded to justify all further Actions during the Vietnam Conflict based upon that Resolution.  Only two Senators (Wayne Morse was one of them), voted against it.  There was considerable Debate afterwards over what the Gulf of Tonkin Resolution authorised and what it didn't but one Thing is indisputable; President Johnson had a Resolution.  Nobody after him bothered, even if it meant getting embroiled into Conflicts which were just as messy, or even messier, in Terms of what President Obama was later to refer to as „Blood and Treasure.”

 

The Gulf of Tonkin Resolution

The Situation in Syria is complex.  If one were to listen to Turkish Prime Minister Recep Tayyip Erdoğan, President Assad of Syria should forcefully be removed immediately, by the United States, of course, with Turkey in a „Supporting Role.”  But it may be easier to speak from Ankara, especially if one doesn't have to pay the Bills.

President Bashar al Assad of Syria is not an Angel.  Far from one.  The Mess in his Country is enormous.  So is the Mess in his neighboring Countries, Egypt, Iraq and, yes, Turkey as well, to name a Few.

Despite what the Evidence laid out before President Obama may indicate, the Situation is complex and laden with Perils.  Moreover, as suggested by German Philosopher and Journalist Peter Scholl-Latour, the Evidence may lead different People to reach different Conclusions and this, with the United Nations Inspectors' Report yet to be made (Peter Scholl-Latour characterises a possible Military Intervention in Syria as senseless and dangerous).

http://www.tz-online.de/aktuelles/politik/scholl-latour-analysiert-syrien-drama-der-militaerschlag-sinnlos-gefaehrlich-tz-3081517.html

(in German)

But, back to President Obama.  Earlier, Critics noted that after „drawing a Line in the Sand” with Syria, he was not left with any good Choices.

As President Obama gets ready to head to Moscow, where the Chinese and others, not to mention President Putin, will also be, to take part in the 2013 G-20 Conference, the Decision to seek a Congressional Resolution on Syria effectively moves the Target Date from last Thursday (as it was urged on President Obama by some), to at least September 9, when Congress is scheduled to return to Washington after a „well deserved” Vacation.  Prime Minister David Cameron who was required to get a Resolution of Approval from the British House of Commons before committing to Military Action against Syria, surprised many, including, not the least of all, himself, by failing to get it.

Perhaps it would be nice for someone to send a Note to Turkish Prime Minister Recep Tayyip Erdoğan informing him that if he wishes to remove President Bashar al Assad all on his own, he is welcome to do it but, otherwise, he just needs to cool his Heels and wait until September 9 or maybe a Little later.

31 December 2012 - The Fiscal Cliff and Negative Energy

The Reality of the impending ,, Fiscal Cliff ’’ has reached Washington, today, New Year's Eve.  After Weeks of Predictions by various Pundits both inside and outside of the Government that a ,, Last Minute Deal ’’ would be reached, now, it appears that, at best, some Sort of ,, Last Minute Patchwork ’’ is the best one can hope for.

Former Senator Alan Simpson was ridiculed by both Democrats and Republicans for uploading a Video on YouTube in which he ,, danced ’’ well, sort of, along a Can of Soda (or, maybe was it a Beer Can?), symbolically pointing out to what is likely to happen, which is, kicking the Can forward.

There are numerous Factors which have contributed to reaching this sad Situation and this Column would like to attempt to refresh our Recollections as to how we may have gotten to where we are and why it seems that both Congress and The President appear so powerless in finding a Solution, a real Solution, not a Patchwork.

To this, we also wish to add the Following Observation.  One of the Attributes which is necessary for the Political Leadership and, yes, the Political Infantrymen as well, to find Solutions to or in difficult Situations is Enthusiasm, Élan and just a pure Desire to get Things (or at least something) accomplished.  This Attribute, this Force is lacking, lacking so glaringly that one cannot but feel the
,, Negative Energy ’’ which surrounds those who must struggle and find a Solution.

But what are the Factors which got the Federal Government into this horrid Situation and who was responsible for getting us there?  The List is long.  Below, we can only attempt to enumerate some of the Factors, likely important ones but certainly not all of the important ones along with Reasons why addressing these Problems is ultimately necessary in order to address the ,, Fiscal Cliff ’’ as well as the surrounding Decisions which need to be made (increasing the Federal Debt Ceiling).

§  Afghanistan - Defense Expenditures.  It is generally accepted by a good Number of People now that the War in Afghanistan has been a Financial Disaster.  Expenditures in Afghanistan as well as Iraq and Pakistan need to be addressed as President Reagan would have put it, with a
,, Red Pencil.’’ 

§  Income Tax Rates.  It is Time not only for the Republicans but for everyone else to recognize that the Principle of
,, Reaganomics ’’  which theorized that the Government can eventually raise more Revenue by lowering Taxes (and stimulating the Economy) is, basically, what President G. Herbert Walker Bush called ,,Voodoo Economics.’’  Moreover, specifically as to Corporate Income Tax Rates, while it is true that some Industrialized Countries have lower Corporate Income Tax Rates than the United States, none has the Array of Tax Deductions and Loopholes, some, custom written by Congress which are available to many large Corporations in the United States.  Returning to the pre-Bush (G. W. Bush) Era Tax Cuts for People earning in Excess of $ 250.000,00 is really not only a modest but also a sensible Solution and no credible Argument has been put forward that such a Move would result in the Loss of Jobs or Job Creation.

§  Restore Social Security, Medicare and related Social Costs to the pre Clinton Status Quo of ,,Trust Funds.’’  This will prevent future Presidents from claiming that they have ,,balanced the Budget’’ by shifting Funds around and raiding Funds which show large Surpluses (or even small Surpluses).

§  Remove the Social Security Tax Cap which currently stands at $110.000,00.  Think about this for a Minute.  More important than the Rate paid by Employees (currently lower than the Rate paid by the Employers, somebody forgot the ,,creating Jobs’’ Argument on that one by not reducing the Employers’ Contribution Rate) is that all the huge Earnings by Corporate Executives and Wall Street Bonus Recepients are exempt from Social Security Taxes; once they've paid the $ 110,000.00, the are home free.

§  Put Pressure on the Federal Reserve in general and Mr. Bernanke in particular to abandon ill advised Theories of ,,Quantitatve Easing’’ and what not by pouring Billions of Dollars into the Stock Market.  This is simply irresponsible.  The Stock Market is jittery at the Prospect of the Fiscal Cliff simply because it loves ,, Easy Money.’’  Even though the Stock Market has propelled to new Heights since the Start of the Fiscal Crisis (generously not referred to as a Depression but as a Deep Recession), this has had very little Impact, if any, on the Economy.

§  Abstain from huge Expenditures into Support Ventures
(,, Bailouts ’’) of large and even not so large Corporations such as AIG, General Motors, Solindra and others.    Although AIG has technically repaid all of the Government Loans this does not  account for Billions of Tax Breaks which AIG has received from the Government.  Besides, much of AIG has now been sold to China.  The General Motors Bailout is costing the Government Billions in Net Losses.  Somebody said, ,,Give me $ 60 Billion and I can show you how I can make a Profit.’’  It would be good to consider, at least, the Opinion of some Experts who contend that it will not be possible for General Motors to succeed as a viable Entity.

There are other Issues and Areas to be addressed but we wanted to list just a few.

Additionally, however, another Warning regarding a great Disservice which the Federal Reserve and Mr. Bernanke are doing to the Budget.  The Fed is keeping Interest Rates low, almost at Zero, to be exact.  This helps Banks and Financial Institutions which are entitled to borrow directly from the Fed and then reap huge Profits in large, complex and sometimes questionable Financial Transactions.  This does not help the Consumer, or even most Business Owners, who must pay a Bank or a Financial Institution nearly Ten Times, or more, in Interest, than what the Financial Institution needs to pay to acquire the Funds.

But there is a hidden Danger.  The Fed cannot keep Interest Rates at such low Rates at Infinitum.  Some Day, after Mr. Bernanke leaves (and he wants to leave soon), Interest Rates will have to, at best, inch or creep upwards and when that happens, the Cost of borrowing Money for the Federal Government will rocket astronomically.  The Rate on Federal Borrowing may one Day be dictated by Markets and The Fed may not be in a Position to dictate what it will be.  This has happened elsewhere, as we all know, only too well.  In such an Event, the Impact of Debt Service, not to mention the Cost of new Borrowing on the Federal Government will be not a pleasant Thing, as it is today for Mr. Bernanke to play around with announcing what the Interest Rates will be and throwing Money around into the Financial Markets while he invents new Names, such as ,, Quantitative Easing’’ for Things which aren't really that new at all.

Be careful what you wish for

We all recall ,,The Arab Spring'' and the Encouragement which was offered, particularly by Secretary of State Hillary R. Clinton to the Forces which toppled Regimes in Tunisia, Egypt and Lybia.  Traditionally, some Long Term Thinking and Analysis of what the Consequences might be when one undertakes a particular Course in Foreign Policy are indispensable.  Many Historians and Political Scientists compare Foreign Policy to a Game of Chess, where thinking several Moves in Advance is essential.

Thus, the Statement reported to have been made today by Egypt's relatively freshly elected President, Mohamed Morsi is quite insightful, we believe:

In a speech that was by turns defensive and conciliatory, he ultimately gave no ground to the critics who now were describing him as a pharaoh, in another echo of the insult once reserved for the deposed president, Hosni Mubarak.

“God’s will and elections made me the captain of this ship,” Mr. Morsi said.

 

(as reported by The New York Times - Emphasis added)

Full Article:

http://www.nytimes.com/2012/11/24/world/middleeast/amid-protest-egypts-leader-defends-his-new-powers.html?nl=todaysheadlines&emc=edit_th_20121124&_r=0
 

 

Traditionally, Secretaries of State have been notably apolitical.  A Secretary of State strived, sometimes more succesfully than at other Times, to further the Interests of the United States to be served for the current and future Administrations, regardless of which Political Party were to come into Power.  Secretaries of State did not harbour Presidental Aspirations.

 

However, all this Amalgamation of Developments in the Middle East already combined with Talk about ,,2016'' and how long Mrs. Clinton will stay on the Job as Secretary of State after having announced her Announcement to leave, for so long and so many Times, might be Ground for one to give thought to the Adage:

 

,,Be careful what you wish for.''

 

To this, we should consider the Thought that Events in Syria and Gaza, not to mention Iran, Iraq, Afghanistan, Pakistan and even Turkey, are still unfolding.

The Danger of War

Fifty Years ago, if one were to ask someone on the Street, be it in New York, Washington, Moscow, Paris, London and, yes, probably even in Beijing (then referred to as Peking or Pekin), People would have said, most likely, that the greatest Danger of the Possibility of a War comes from Berlin.  There were good Reasons for this Line of Logic.  Although the Devastation of World War II which killed, according to some Estimates, 45 Million People (25 Million of them Soviets/Russians) in total had ended, there was no Peace Treaty formally ending World War II.  The City of Berlin was divided by a terrifying Wall, Germany was divided by an equally terrifying Fence and East and West (in Europe and in Asia, too) faced each other, in many Spots, through the Barrel of a Shotgun.

As of today, there has still been no Treaty signed formally ending World War II.  Technically, the United States, Russia (as Successor to the Soviet Union), England and France are still at War with Germany, Japan and Italy.  But nobody takes seriously, or even in Jest the Possibility of a Conflict in this Theatre.

In historical Terms, 50 Years is a short Time but in this Span of a little more than 50 Years, the increased and continuing Danger of Conflict in The Middle East has been widening not only in Amplitude but also territorially.  This Conflict which was initially (after the End of World War II) a Conflict basically encompassing the Debate between Israel and the Palestinians has now, under the Banner of Allah and Islam enveloped Iran, Iraq, Afghanistan, Lebanon, Syria, Pakistan, Lybia and, with perhaps more concern that has been accorded until now, Turkey as well.

Ethnically, the Mix is extremely diverse, involving not only Israeli Jews on the one Side but Pakistanis, Turks, Kurds, Persians and Arabs of various Colourations (including but limited to Sunnis and Shiites), to mention just a Few.  Wars costing Hundreds of Billions of Dollars, if not more, severalfold the Cost of World War II have been fought by Western Powers, including but not limited only to the United States.  Is there an End in Sight?  The current Conflict between Israel and the Hamas Faction of the Palestinians casts Doubt on that Hope.

We hear Talk about one Comprehensive Solution after another, grandiose Achievements, even Nobel Peace Prizes but, all these Things have proven, in Retrospect, to be, at best, just Band Aids.

Is there a Solution?  There doesn't seem to be one in Sight.  However, all Sides should think about the Fact that the gradual broadening in these Conflicts, now not just limited to the Israel/Palestinian Situation but also involving Countries, such as Egypt and Lybia which have basically become unstable after an ill thought out Policy of ,,Arab Spring'' pursued by Mrs. Clinton and others has simply succeeded in making the World a more dangerous Place to be.

The Cadence of these Conflicts is so rapid that one Event overshadows another and we can no longer even focus on some of the Conflicts which are still going on.

The Flareup of the Israeli Situation with Hamas in the Sinai Peninsula has just overshadowed Events in Syria where not much Attention is being paid anymore to what is going on.  Earlier, Syria overshadowed the Instability in Egypt and Lybia (where an American Ambassador lost his Life).  The Goings on in those Countries have pushed to the Back Stage whatever may be going on in Afghanistan, where, the Italians have left long ago, the French left this Week and the Germans as well as the British are getting ready to leave shortly.

A Dialogue, a serious Dialogue on what is going on and what may yet develop is indispensable.  We can only hope that the next Secretary of State President Obama will choose, will be more interested in opening and attracting Voices from All Sides to such a Dialogue, rather than ordering a new Airplane and focusing on setting a Record on how many Foreign Countries he or she will be visiting.

Honesty and Integrity - The ,,All In'' Case

In Light of the sordid Petræus Affair, there has been a growing Chorus of Voices being raised in the Interest of Internet Privacy for the average Citizen.  Particularly of Concern to these Voices has been the Fact that the FBI has been able to access IP Addresses and track down Writers of eMails without a Court Warrant (although, it might quickly be added, if the FBI were to go before just about any Judge and raise National Security Concerns, it would take the lesser Part of 5 Seconds for most Judges to sign such a Warrant).  These Concerns carry a great Deal of Legitimacy.  Where these Concerns do not apply, however, is in the Area of Privacy for Public Officials.

Being a Public Official, especially a High Level Public Official has traditionally carried the Implication that such a Person surrenders his or her Privacy because of the High Level Position he or she holds (this is Public Service, not an Executive Position at General Motors, whether it be pre or post Bailout).  This Legal Principle has extended to Presidents, such as but not only Mr. Clinton, Senators, Representatives and other High Public Officials as well.  We do not believe we need to cite additional Examples.    Therefore, to argue, in this Circumstance, that General Petræus or General Allen might enjoy some Level of Privacy, especially, as it happens to be in this Case, where the Issues do not involve Intra Family Communications (,,Honey, what's for Dinner tonight,'' or ,,Honey, how are the Kids,'' etc.) is simply disingenuous.

It is also evident that he Communications that General Petræus had with Mr. Broadwell were salacious enough to where both he and Mrs. Broadwell went to great Lengths to maintain them remain secret.  The Focus of these Communications was not some covert CIA Operation or a Mission in Benghazi or something going on in Afghanistan, Iraq or elsewhere.  These were simply Communications involving an Extramarital Affair and, it must be emphasized, Mr. Petræus was and knew he was on Government Payroll; unless he would maintain now that he was writing and reading these complicated eMails involving Things such as Draft Folders and Cross Accessing Mrs. Broadwell's Account at home, while Mrs. Petræus was watching TV or something.

The other Personages involved in this Affair are deeply problematic.  Mrs. Natalie Khawam, who is Mrs. Jill Kelley's Twin Sister and a Lawyer, is involved in a nasty and bitter (Divorce) Custody Battle.  According to Court Records, she took her infant Child out of State without Court Authorisation or Permission, changed the Name of the Child and was found by a Judge to have a

 “stunning willingness to say anything, even under oath, to advance her own Interests.”

Attorney Natalie Khawam, Mrs. Jill Kelley's Twin Sister, here, from a Larger Photo showing Mrs. Khawam, Mr. and Mrs. Kelley and Mr. and Mrs. Petræus in the Kelleys Mansion

Those are pretty strong Words a Judge would use when referring to an Attorney.  The same Judge found Jill Kelley to be a

"patently biased and unbelievable Witness"

Ms. Kelley also seemed to have invoked, at least on one Instance, ,,Diplomatic Immunity.''  She seems to have recently gotten hold of the Title ,,Honorary Consul'' for, all of Places, South Korea.  Honorary Consuls do not enjoy the Privilege of Diplomatic Immunity except when they are on Official Business, which they rarely are.  Mrs. Kelley appears to have quickly developed an interest in pursuing Business Deals involving South Korea and, according to some Reports, began asking for Fees amounting to Tens of Millions of Dollars.  Earlier Reports that Mrs. Kelley was acting as some sort of a ,,Generals' Consul'' (which would have been inconsistent to Consular License Tags on her Automobile) have been proven false and were, more likely, an inept Plant.

Therefore, now, when we come across the Fact that General Allen wrote to the Court a Letter of Support on Behalf of Mrs. Khawam (Mrs. Kelley's Twin Sister), we can legitimately raise the Issue whether General Allen doesn't have his Hands full worring about the Taliban and the Future of Afghanistan, rather than why and how Mrs. Khawam, a Lawyer, took a Child across Interstate Lines without notifying any Court.

It would just seem that requiring a higher Standard from Public Officials, rather than a lower Standard (or the same Standard applicable to ordinary Citizens) is not unreasonable and neither is putting under Scrutiny any of their ongoings is unreasonable either.

Just a Couple of more Points.  Unconfirmed Reports have it that Mrs. Khawam, the Lawyer who should know better than taking a Child across Interstate Lines without Court Permission, lives in Mrs. Kelley's Mansion.

Ah, yes and also, while we are not able to definitively confirm, Mrs. Broadwell's Security Clearance has been revoked.

The one additional Personage who has just emerged was the mysterious FBI Agent to whom Mrs. Kelley went in the First Place, complaining about Mrs. Broadwell's anonymous eMails.  His Name is Frederick W. Humphries II, 47 and he has had a distinguished Career with the FBI.  Why Mr. Humphries would have sent shirtless Photos to Mrs. Kelley is yet to be revealed; however, Common Sense appears to suggest that, given the many Self Serving Statements which have been made by the various Individuals who have taken Part and still are in this Tragico/Comic Soap Opera with National Security Implications, it is best to wait out and see what emerges next.

Stay tuned.


 

Correction: $ 4 Billion, not $ 1 Billion

In our last Writing, we reported that Cost of the Presidential Election (counting Money spent by both Parties), exceeded $ 1 Billion, an Amount most People would simply find as staggering.  However, as more Figures keep pouring they are suggesting that the Amount spent most certainly was closer to $ 2 Billion.  Some Estimates put the Amount spent (including the Money spent by Political Action Committees, which are not directly tied to the Campaigns) to $ 4 Billion.

Still other Reports suggest that, on the Average, approximately $ 20,00 was spent for each Vote Cast.

Some of us may remember Senator Everett McKinley Dirksen, who hailed from a Town with the improbable Name of Pekin, Illinois and who was also a Playwright (notably, ,,Chinese Love'') who said, ,,A Billion Dollars here, a Billion Dollars there, pretty soon you are talking abour real Money!''

These Kinds of Sums of Money, wantonly spent, some might say, by both Candidates and those who supported them, sometimes call into Question the Resolution and Determination which will be required by the winning Candidate, Mr. Obama, to deal with the Challenges ahead.

The immediate Issue facing the Nation at this Time (and we are not dismissing further ones down the Horizon) is the so called ,,Fiscal Cliff'' which must be dealt, rather than ,,kicking the Can forward'' which is what most likely will happen.

Mr. Romney, despite his Rhetoric, did not really have a Plan for dealing with the financial Challenges which face this Country.  However, Mr. Obama does not have one either.  And, neither does the Republican House of Representatives which is determined to fight him Tooth and Nail on allowing the 10% Cut for High Income Tax  Brackets to expire.

In recent Years, ,,Borrow from China'' has been the Solution.  In a very real Sense, China has even financed the ill fated and poorly thought out Wars that Mr. Bush initiated in Afghanistan and Iraq and which, although being wound down, still represent an enormous Drain on the Economy.  When it comes to certain Things, Costs are not really so easy to cut, even when the Project is brought to an End (Take, for Example, in Iraq, an Embassy employing 15.000 People, the largest Embassy in the World for any Country).

But the Strategy ,,Borrow from China'' may be fraught with Peril.  The Chinese have been willing to lend and they may still be willing to lend, even at ,,Basement'' Interest Rates.  However, it may well be that the Chinese may soon come to the Point where they cannot lend anymore in order to feed such a voracious Apetite for Deficits, simply because, they won't have any more Money to lend, no matter which Way they ,,manipulate'' their Currency.