Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Category Archives: Foreign Policy

China’s Imminent Economic Meltdown

English: Beijing central business district sky...

On Monday, Gordon Chang, the author of The Coming Collapse of China and regular contributor at Forbes.com, was interviewed on Yahoo’s Daily Ticker, where he observed, “If you look at all of [China’s] indicators, they all point down.”

Among those indicators were electricity consumption (flat), car sales (flat), property prices (collapsing), and industrial orders (down). And there is more to come, much more. The Chinese communist government is slowing the rate of growth of the money supply in order to “fight inflation,” the natural result of nearly 30 years of expanding that money supply in order to catapult the Chinese agrarian economy into the 21st century. And such slowing is having the same expected effect: As the economy slows down, bankruptcies increase, tax revenues decrease, and the economy slows down further.

Chang added, “We’ll see more obvious signs of deterioration in the Chinese economy over the next six months.” He noted that one of those signs is the increasing civil unrest including riots, bombings, and insurrections taking place across the country.

Entrepreneurs in China who have gotten rich by exploiting the government-fed demands to build cities and infrastructure to house the coming wave of residents are now getting out of China while the getting is good. Back in June Forbes magazine wrote that 60 percent of China’s high-net-worth individuals are either considering emigration or have already left the mainland for safer havens elsewhere. Global Financial Integrity estimates that the sums of money that have already left the country are huge, exceeding $2 trillion dollars through 2008. Such a financial exodus has naturally been criticized by the Chinese government. Writing in the communist newspaper Global Times, Zhong Dajun protested,

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North Korea’s “Great Successor” Inherits Political, Economic Quagmires

 

English: PYONGYANG. Vladimir Putin with North ...

North Korea’s official government-controlled media announced that the country’s “Dear Leader,” Kim Jong-Il, died on Saturday at age 69 from “physical and mental overwork.” A teary-eyed TV anchorwoman claimed, “It is the biggest loss by the party…and it is our people and nation’s biggest sadness…[but we must] change our sadness to strength and overcome our difficulties.”

Those “difficulties” can be traced back to at least the assumption of power by Kim Il-Sung in 1945 as he established a Stalinist totalitarian system in the country and enforced it with iron rule until his death in 1994. His son, Kim Jong-Il assumed the mantle of dictator after having been groomed for the position for years prior to his father’s death.

A “cult of personality” was firmly established by the “Eternal President” (a title given to Kim Il-Sung at his funeral service) and extended by his son: Portraits of them hang in every building and every North Korean wears a Kim Il Sung lapel pin.

North and South Korea are still officially at war following cessation of hostilities of the Korean War in 1953. The North, under the “Dear Leader’s” control, has continued provocations and militarization. In 1983, he ordered the bombing that killed 17 South Korean officials who were visiting Burma (now Myanmar), the bombing of a Korean Air Liner that killed 115 people in 1987, as well as other numerous provoca6tions.

He continued to press forward the country’s nuclear development, with its first test of a nuclear bomb in October 2006 followed by another in 2009. President Bush accurately described Kim in 2005 as a tyrant: “Kim Il-Jong is a dangerous person. He’s a man who starves his people. He’s got huge concentration camps. And…there is concern about his capacity to deliver a nuclear weapon.”

Massive starvation is a continuing fact of life in North Korea. Following the collapse of the Soviet Union in 1989, its support for Kim’s regime ended, resulting in the starvation of

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New York Times Distracts from the Real European Story

German Logo of the ECB.

Thursday’s article in The New York Times by writers Jack Ewing and Nicholas Kulish about the “rift” between factions over the role of the European Central Bank (ECB) was a distraction and misdirected attention from what is really happening there. The piece makes it sound as though the ECB is standing firm against pressures to have it buy up the debt from Greece and Italy in order to keep the debt “contagion” from spreading elsewhere.

For instance, the article quotes Spain’s Prime Minister, Jose Luis Rodriguez Zapatero, as saying that he expected the ECB to do whatever was necessary, for “this is what we transferred power for…[to] defend the common policy and its countries.” Of course Zapatero would have to say that or he would be gone, just as unelected bankers replaced elected leaders in Greece and Italy. Just a reminder as to who is in charge was reflected by the recent rise in Spain’s borrowing costs, the highest since 1997, and exceeding the “default” level of 7 percent on its 10-year bond. But nothing was said in the article that Zapatero’s comments reflected a desire to save his skin.

In fact the ECB has been taking an active role economically and politically by buying up the debt of those countries in massive amounts, already in excess of $250 billion, and manipulating interest rates to favor the newly installed rulers Mario Monti in Italy and Lucas Papademos in Greece. But authors Ewing and Kulish prefer to present the ECB as being run by “fiercely conservative stewards” who have “steadfastly resisted letting it take up the mantle of lender of last resort.” And to support that falsehood the authors enlisted the help of

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Germany’s Merkel Yields More Sovereignty to the EU

EPP Summit Helsinki 4 March 2011

At a joint briefing on Wednesday with Irish Prime Minister Enda Kenny, German Chancellor Angela Merkel announced the next step towards the creation of the supra-national European state: “Germany sees the need…to show the markets and the world public that the euro will remain together, that the euro must be defended, but also that we are prepared to give up a little bit of national sovereignty…” It must be done, she said, so that the euro is “strong and inspires confidence on international markets.”

This could be done through changes in the Lisbon Treaty that comprises the basis for the European Union, or more likely through the signing into law the European Stability Mechanism (ESM) by December 31, 2012. Merkel explained that, either way, this would allow for “an intervention and oversight role in respect of the preparation of national budgets…” among the member states.

This would represent the culmination of more than 60 years of efforts by the Bilderberg Group with the help of the Council on Foreign Relations (CFR), David Rockefeller, and funding of the effort by the Ford and Rockefeller foundations. Joseph Retinger, one of the founders of the Bilderberg Group in 1954, was also one of the principal architects of the European Common Market. As early as 1946, in a speech to the Royal Institute of International Affairs (RIIA), the British counterpart of the CFR, Retinger said that Europe needed to create a federal union and that it would be necessary for the European countries to “relinquish part of their national sovereignty” to secure it. As noted by Andrew Gavin Marshall, research associate for the Centre for Research on Globalization, the effort to create the dictatorship of Europe goes back many years and is the creation of many hands: 

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Communists Teach Capitalists Lesson in Free Market Economics

Installed-solar-panels

At a news conference in Washington yesterday, a group of U.S. solar panel makers accused China of dumping Chinese-made solar panels on the U.S. market and asked the government for protection by raising tariffs on the offenders. Executives from SolarWorld, which makes its panels in Oregon, were at the conference along with both Oregon Senators.

Said SolarWorld President Gordon Brinser, his company “can compete with anyone in the world [but] illegal subsidies in China [are allowing] the Chinese solar industry to come in and gut and own the U.S. solar industry.” Because the alleged dumping has caused prices to decline, it has put several panel makers into financial difficulty, and was a proximate cause of the disintegration of Solyndra. Senator Ron Wyden (D-Ore.) claimed that because of the dumping of panels at below-market prices,

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Supercommittee Stalls with the Clock Ticking

An F-35 Joint Strike Fighter, marked AA-1, lan...

With five weeks to go to create an agreement that will cut at least $1.2 trillion from the federal budget over the next ten years, there are few indications that the Supercommittee will propose anything substantial.

Despite demands from the co-chairs of the committee, Senators Patty Murray and Jeb Hensarling, that members not speak publicly about their work, Robert Pear, writing for the New York Times, was able to glean some insight into any progress the committee is making. According to a person working for the committee, members are “still hovering at 30,000 feet,” with no landing field in sight. Members are still asking,

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ReShoring: American Manufacturing Jobs Come Home

Hardhat

The press release from the Boston Consulting Group signaled the beginning of the American renaissance in manufacturing as cost advantages of China are fading rapidly and companies are beginning to repatriate their jobs back home. There are seven industrial sectors that could create two to three million jobs over the next five years as American manufacturers do the new math. As explained by Harold Sirkin, one of the three authors of Made in American, Again“A surprising amount of work that rushed to China over the past decade could soon start to come back—and the economic impact could be significant. We’re on record predicting a U.S. manufacturing renaissance starting by around 2015.”

The seven industry groups which could enjoy the most significant benefits are

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Romney’s Advisors Are Leftist Elites

Mitt Romney

Image by Gage Skidmore via Flickr

Late last week GOP presidential contender Mitt Romney released the names of his foreign policy and national security advisors just in time for his Friday address on America’s foreign policy. He effused over his selection:

I am deeply honored to have the counsel of this extraordinary group of diplomats, experts and statesmen. Their remarkable experience, wisdom and depth of knowledge will be critical to ensuring that the 21st Century is another American Century.

His campaign continues to be plagued with an increasing chorus of doubters about his conservative posture. His claim to have balanced the budget of Massachusetts without raising taxes was

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Greek Prime Minister’s Promises Ring Hollow

George Papandreou, President of PASOK.

Image via Wikipedia

Prime Minister George Papandreou’s speech on Saturday evening in Thessaloniki was designed to reassure not only his Greek citizens that all would be well but also that those holding Greek sovereign debt would be getting their money back. The government’s top priority, he said, is “to save the country from bankruptcy.”

Said Papandreou: “We have taken the decision to fight to avoid a catastrophe for our country and its citizens: bankruptcy. We will remain in the Euro. And this meant and means difficult decisions…. If this year

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Technology Keeping Internet Freedom Ahead of Censorship

Internet

Image by Shahram Sharif via Flickr

Efforts by the Federal Communication Commission (FCC) to regulate the Internet may become irrelevant if the new technology being developed succeeds as expected. When the U.S. Court of Appeals for the District of Columbia ruled against the FCC last December, the FCC rewrote its rules to allow them to regulate the Internet anyway through the whitewash called “net neutrality.” Verizon immediately filed suit to overrule the new attempt, and a House subcommittee in March voted to invalidate the actions of the FCC. But the new rules remain in place until the issue is decided.

All of which may be irrelevant as new technology, called Telex, is being developed as a “work-around” for

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Everything’s Made in China? Not Quite.

Image representing iPhone as depicted in Crunc...

Image via CrunchBase

An analysis just released by the Federal Reserve Bank of San Francisco concludes that most of what Americans spend on consumer goods, electronics, clothing, sneakers and the like, stays in America. Surprisingly little comes from China after all. Say the authors:

Goods and services from China accounted for only 2.7% of U.S. personal consumption expenditures (PCE) in 2010…Chinese imports make up only a small share of total U.S. consumer spending…

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China’s Paper Inflation Stimulus To End Badly

Problem loans at China’s banks are significantly worse than initially thought, according to Moody’s Investors Service’s news release on July 4th. This raises concerns already expressed about China’s continued ability to grow its economy at annual rates approaching double-digits. The weakness is so pervasive that Moody’s

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Pentagon: Cyberattack an Act of War

Matrix Code

Image by My Melting Brain via Flickr

Following up on the publication of the “International Strategy for Cyberspace” by the Obama administration last month, the Pentagon clarified and expanded upon its intention to consider a computer attack as equivalent to a more traditional act of war.

The White House’s strategy made clear that:

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Defense Department Builddown Coming?

Thirteen C-17 Globemaster III aircraft fly ove...

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As calls for cuts in the defense budget increased, Secretary of Defense Robert Gates knew what he would have to do: throw the cutters a bone, and then dig in against any further reductions. By admitting that he could shave $78 billion out of the defense budget over the next five years, Gates then went to work defending any further suggested incursions into the future spending plans by the military-industrial complex.

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Egypt: Did Anything Important Happen?

President George W. Bush and Egyptian Presiden...

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When the Los Angeles Times confirmed that protests that started in January in Tunisia and then moved to Egypt were spreading to Algeria, Bahrain, Libya, Morocco, Cameroon, and Kuwait, many concluded that they were being driven by unhappy citizens connected via the internet. On Twitter, for example, protests set for Monday, February 14th, in Bahrain, can be found at #feb14, and #bahman for Libya. Algerian protest details can be found on #feb19, protests in Morocco at #feb20, Cameroon at #feb23, and Kuwait at #mar8.

Some commentators have concluded that there was no one single cause of the Egyptian protests, suggesting that modest exposures of indiscretion by various leaders through Wikileaks had driven disgust into outrage. Some respected writers offered proof that

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Honor Killings, a Liberal Media Blindspot

honour killings

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When Iraqi immigrant Faleh Almaleki ran down and killed his daughter Noor, using his Jeep Grand Cherokee as a weapon, the mainstream media (with the exception of Fox News) ignored it entirely.

Noor’s mother and brother admitted that she was killed for being too Westernized, wearing jewelry and jeans, posting pictures of friends on her Facebook page, watching videos, and drinking Mocha Joes from Burger King — in other words, for being an American girl.

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Spending on Military and Wars Rising but Cuts are Off-Limits

USS DWIGHT D EISENHOWER CVN-69: Iranian aircra...

Image by roberthuffstutter via Flickr

In an exciting, well-researched and gripping novella in the December issue of Popular Mechanics, author Erik Sofge concludes that the war between China and the United States in the year 2015 will be won by China.

It is August, 2015 and the fight is over whether Taiwan’s status as an independent nation will remain intact, or whether it will become, finally and forever, part of the People’s Republic. The big fight, however, is “between an old superpower and a new one.” Using the latest technology, the United States finds itself at a major disadvantage when China is able to render useless the high-tech and very expensive communications network relied upon by the United States. Says the author,

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S&P Downgrades Japan: Harbinger for US

Japanese 10,000 Yen Note, Macro Photo

Image by Ivan Walsh via Flickr

Standard and Poor’s gave plenty of reasons for its downgrade of Japan’s credit rating yesterday such as increasing annual deficits and soaring national debt, an aging population, shrinking workforce, and a government in gridlock. With their national debt approaching $11 trillion and a gross domestic product of just under $5.5 trillion, Japan’s ratio of debt to GDP is now

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Military Spending: The New Third Rail

Jet Fighter Escorts

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When the Spending Reduction Act of 2011 was unveiled by House Republicans Scott Garrett (R-N.J.), Jim Jordan (R-Ohio), and Senator Jim DeMint (R-S.C.), U.S. News and World Report called it “eye-popping,” referring to the bill’s attempt to rein in government spending by $2.5 trillion over the next 10 years. Rep. Jordan, who is the Chairman of the Republican Study Committee (RSC), explained the need for such sharp cuts:

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Freedom of Information Act: Shield or Bludgeon?

Look, it's AT&T!

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The Supreme Court is about to hear arguments in the case of FCC v. AT&T which could have significant negative impacts on privately-held companies as well as public and private corporations.

It began in 2004 when AT&T discovered that it might have overcharged the federal government for some work it was doing under the E-Rate program (to bring technology to classrooms) in New London, Connecticut. When it notified the FCC of the possible over-billing, the FCC launched a full investigation, requiring (and receiving) all manner of

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.