Obama Planning a “Surge” Speech from West Point Tomorrow

The on-site commander has requested 40,000 additional troops. According to the Wall Street Journal, Obama will announce an increase of about 30,000 tomorrow at West Point. Notably, he seems ready to reject a second high priority of Gen. McChrystal: a doubling of the Afghan police and army over the next few years. The New York Times also reports that Obama will discuss a timetable for withdrawal, but not with any where near the specificity of the Iraq plan to be completely out by 2010.

What does it all mean?

The war in Afghanistan is soon to enter its ninth year. That makes it third longest war in our history:

  • Vietnam: 116 months
  • American Revolution: 100 months
  • Afganistan: 97 months
  • Iraq: 80 months

To put this in context, WWI only required 19 months, WWII took 45 months and Korea lasted 37 months.

The Definition of War

The real rub is that most wars are fought against another country — that sets up a very clear end condition, when you have taken the surrender of that country. Iraq and Afghanistan are both part of the “War on Terror”, and we need to seriously rethink whether we want to classify our conflict with terrorists as “War.”  After all, when does the War on Terror end? There are hundreds of terrorist groups around the world and if we have learned one thing about terrorists, is we are successful in stamping out one group, another rises to take its place.

Our troops are being asked to do more than we even asked of the “Greatest Generation” in WWII. True, when we drafted troops for that war, it was for the duration: but that only amounted to 45 months if your were called up in the first wave and served all the way to the end. Our troops today are seeing three and four tours in Iraq and Afghanistan, and there is no end in site. Post Traumatic Stress Disease (“PTSD”) has become so prevalent, the Pentagon is considering making counseling mandatory for all returning troops. But that is a palliative at best — troops from Vietnam still experience flash-backs from PTSD. Hell, I only spent 22 days in combat 40 years ago, resulting in one hot mission and one gunshot wound to my left wrist. But if I hit a pot hole just right with my car, the sound and vibration is so close to the feeling of rounds going through our helicopter that, for just a split second, it takes me right back there.

What we re doing to our soldiers today is unconscionable. I have a truly radical proposal: let’s bring them home from all foreign assignments. Europe is surely able to handle its own defense now — bring our troops home from Germany. We still have 28,500 troops in Korea, and effectively, they serve as a trip wire to bring us into any conflict if North Korea decides to invade with the 700,000 troops it has within 90 miles of the DMZ. But do we need that trip wire? Wouldn’t our treaty with South Korea be just as effective?

Think out of the box with me here. We have over 200,000 troops stationed in 144 countries. By bringing all of our troops home:

  • We would help reduce our national deficit by an enormous amount and could help fund strategically critical programs for our own people in education and health care;
  • The rest of the world would be called upon to take up the slack in their own defense — they already make clear they don’t like us, so screw them and let them field their own damn troops;
  • To the extent we pulled out of Muslim countries, we would be undercutting the number one driver of Jihad — the presence of US Troops in Arab holy lands.
  • Most importantly, we could accomplish everything we do by spending billions to keep troops overseas by simply speaking the truth: Iraq, if you cut off our oil, we will be coming back. Russia, if you invade Europe (how and with what?), we will hit you with everything we have. North Korea, if you invade South Korea we will just as surely turn your country side to slag as we would have after you had slaughtered our 28,500 troops (no matter how good our troops may be, they face 700,000 North Koreans and would not last for more than a few hours at best).

In other words, speak softly but carry a big stick! But don’t leave that stick inserted in 140 countries around the world.

Dubai Crisis Continues

News from around the world

From the Guardian.co.uk: The Abu Dhabi Securities Exchange has finished the trading day for Monday, and it was not pretty

The Exchange was down 83%, losing 241.92 to close at 2668.23.
Royal Bank of Scotland is already down 4% today on concerns about its loans to Dubai World

The Washington Post reports that there [...]

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John Stewart’s Interview with Lou Dobbs

Now I am not nor ever have been a Lou Dobbs fan. And the first three segments of his interview with John Daily were kind of uninspiring. But this last segment was pretty good; a rational setting of bounds that we need to set and keep if want to keep our way of life alive.
See [...]

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The U.K. has a New Worry Today

The developing debt crisis in Dubai (yet another financial bubble about to break) has the UK Financial Services Authority “urgently seeking assurances that Britain’s major banks are protected…” reports the Guardian this morning. The Authority is demanding open disclosure of exposure while the Bank of England and the Treasury continue to monitor closely.
Banks mentioned with [...]

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To my Brothers and Sisters in Arms

Happy Thanksgiving to all of you serving in the armed forces today, and to all of those who served in the past. I read the other day that there is only one living veteran of WWI in the U.S. – to him, as special thank you and best wishes for another year.
December is a tough [...]

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Early Take – A New International Financial Panic

Dubai World
Dubai World, the government owned enterprise for developing Dubai, shocked international markets yesterday by asking to delay some debt payments. http://preview.tinyurl.com/ydutgdm. According to the Guardian’s ariticle,
The FTSE 100 tumbled by 70 points, or nearly 1.4%, to 5123 when trading began. But with share prices volatile, it clawed back most of the losses by 10am, [...]

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Happy Thanksgiving

I hope all of you have a wonderful day with family and friends today.
One thing to think about, and maybe discuss at the table: are we going broke as a nation?
Martin Sullivan makes a compelling case in “Who’s Afraid of Risky Government Debt?”
He covers no less than 4 articles this morning in major newspapers on [...]

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Lending still going down as banks get jitters

Wall Street Journal reports further decline in lending
“US lenders saw loans fall by the largest amount since the govenment began tracking such data, suggesting that nervousness among banks continues to hamper economic recovery.”
Lending fell by 3%, or $210.4 billion, the largest decline since data collection started back in 1984. The FDIC also admits that its [...]

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The Global Warming Myth: Climategate

For those of you who still read and do not get all your news from the blithering idiots reading news on talk radio, you may want to spend the next couple of days reading about climategate. Hear’s the basic problem: while the evidence does point to humankind having an impact on the earth, it is [...]

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Shareholders go after Goldman

See my earlier post at http://magort.com/?p=45 on the amazing bubble machine that Goldman Sachs has developed to rip off investors.  Sometimes you have to go off shore to find good coverage. Today’s Guardian (the UK’s “Independent” newspaper) has a great article:
Shareholders demand Goldman bonuses
Institutional investors are going after Goldman to “claw back” its outrageous bonuses [...]

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