The State Department released a presser this weekend on its commitment to the “prosperity, sovereignty, stability, and security of the five Central Asian countries as well as a vision of regional economic connectivity through its New Silk Road initiative.” This assistance includes programs over the next several years to increase these countries’ employment, economic efforts and exports.
Here’s the problem, and it’s one not everyone wishes to delve too far because they worry the questions make them look out of the loop or uneducated somehow. Why are we sending so much money to other countries when our own country is drowning due to a lack of the very same programs we’re furnishing the world? Now, in the past, anytime a question like this was posed, it was met with patronizing answers such as, “It’s just the way things are. It’s part of an intricate political and financial system that’s been in place for years and it benefits the United States as much as it does our partner countries.” Most people would leave it at that, even though that’s the most ridiculous answer “non-answer” ever presented. That’s no longer an acceptable answer. How long are we going to allow this to be enough?
Earlier this year, I wrote about Vice President Joe Biden’s efforts of securing at least $1 billion in aid for the three countries that were sending people to our borders. He’d published an op ed in March asking for $1 billion so that we can save Central America from itself. It read, in part:
“The president and I are determined to address conditions in El Salvador, Guatemala and Honduras and help these countries on their path to economic prosperity. To that end, we requested $1 billion in next year’s budget to help Central America’s leaders make the difficult reforms and investments required to put the region on a more stable and sustainable path.”
We’ve heard nothing else about it and so far, I’ve not been able to find specifics in the newly-approved budget, though it was approved.
To most of us, it’s simple: we don’t give money to people when we can’t pay our own bills. Somehow, those we’ve elected don’t seem to mind giving away money that’s first, not theirs to give and second, that we can’t cover.
These countries are taking money to improve their own infrastructures; they want to improve employment opportunities, foreign trade policies, growth opportunities and their own political/monetary shortcomings. They want your money to do it. Our politicians are happy to oblige, even as our own structures are falling apart. Make no mistake – things are getting hokey.
Donald Trump today accused Janet Yellen of deliberately keeping interest rates low as a favor to Obama. He just said what the rest are afraid to say. Tonight, he’s being accused of alienating his own party. Now, granted, he’s a loudmouth and as my mom says, “He lets his bulldog mouth overload his jaybird ass”, but it doesn’t mean he’s wrong. Let’s take it a step further:
Many companies, especially those in the energy sectors, hired on management personnel with packages that include stock options. These companies know that they’re heading into dark times and so far, we’ve seen layoffs of hourly workers. It hasn’t seemed to affect our unemployment numbers because they’re quietly going about the business of cutting heads a few at a time and in some instances, hiding behind furloughs versus reporting them as layoffs. Now, though, the tough economic times are sticking around, especially with lower oil prices. These companies want to carefully time the layoffs in such a way that they can cut their costs further by ensuring the stocks are low enough to lay off those with stock plans without it affecting their profits. It’s all about the timing. For those who have stock options as part of their employment packages, get ready: let the stock prices guide you into when the next shoe falls.
No one – and I mean no one – is talking about why the Middle East is holding up so well with their determination of higher output of oil. We keep hearing, “It can’t go on much longer.” Here’s a clue: the United States is not the only country that’s fracking. Saudi has been fracking for quite some time. Let me say that again: The Saudis are fracking. There is no way in hell OPEC would put itself out there and call the bluff of the U.S. without knowing it could sustain its efforts long enough to serve its purposes. For those insisting that OPEC countries can’t hold out for much longer are either lying or have money at stake that they’re not ready to concede.
It’s now time to no longer allow ourselves to be hushed with patronizing answers to questions like, “Why are we sending money to nations to improve their economies while we’re worried about our own?” They can sugarcoat it, complicate it, present intricate economic formulas to justify their reasons – it does not change the fact that it is wrong. Haven’t we had enough? How long are we going to take the word of elected officials or financial pundits who have their pride at stake?
Look back over the past year alone:
In September, I wrote:
First, if the Fed finally makes a move and raises interest, it makes the exports moot. The U.S. will not be able to compete with the other countries because it will increase the value of the U.S. dollar. It will also send oil prices tanking yet again – which by now, the damage is so heavy, the exports aren’t going to do much to improve the situation anyway and will likely result in more job losses.
(Remember, the State Department announced two days ago we’re sending money to those Asian countries to help with their exports).
In September, I wrote:
Iran unveiled a new surface-to-surface missile that can hit its targets with “pin-point accuracy” within a range of 310 miles. Iranian President Rouhani had a message for the west, too, “We will buy, sell and develop any weapons we need and we will not ask for permission or abide by any resolution for that.” This comment was made during the unveiling ceremony on live TV. This weapon’s now in mass production.
(Remember, Obama invited Iran to sit in on the meeting last week regarding the crisis in Syria. Iran was gracious enough to lay aside its efforts of annihilating the U.S. long enough to attend the meeting).
In July, I wrote:
We know that Russia is looking for better solutions now that the U.S. has tried to sanction it off the map. You’d think Putin would be working magic to take advantage of the weakness Greece now is showing – and you’d be right.
(Those better solutions are now coming to light. Russia is buying Greece in a classic real estate buy frenzy. Why? It’s simple: Moscow has to maintain its strong relationship with Greece and boost their military power in the eastern Mediterranean to ensure a stable strategic balance. Read about it here.)
Until we’re presented with choices that include no loyalty to anyone but the voters, we’re going to continue to see these no-win situations play out at our expense. This is absolutely not what this nation is built on, yet, in a blink of an eye from a time perspective, our entire national dynamic has shifted and if change doesn’t come soon, we’re setting up a dark future for our children and our grandchildren.