Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Politics of the U.S. Election Cycle and Policy Spin

Politics / US Politics Aug 11, 2014 - 12:18 PM GMT

By: EconMatters

Politics

Political Spin

The Republicans are coming out in force on their criticism of President Obama`s decision to utilize primarily air strikes to thwart ISIS aggression in Iraq towards the Kurds and the minority Christian group the Yazidis.


But whether they believe this is the correct policy strategy is one thing, but their real agenda is obvious which is to attack President Obama on foreign policy issues and to gain traction on this issue going into the fall elections in order to gain seats in Congress and possibly take the Senate majority in the fall elections.

Pragmatic Strategy

I am neither Republican, Tea Partier or Democrat but I agree that at this point given the most advanced air force, military intelligence and drone technology in the world that the US ought to be able to put a significant dent in the ISIS momentum without needing to put troops on the ground. The rest is up to the Iraqis to get their house in order or just cede territory forever to ISIS.

With regard to ISIS sending terrorism back to the US, hopefully this isn`t a surprise to the CIA this time around, and they will actually do their jobs and track this threat and disrupt it, it isn`t exactly rocket science given our resources versus their measly resources.

But if they are unable to handle this threat, then yes the US will need to go in with ground forces and eliminate ISIS, but we are a long way from this point with a bunch of radicals driving around Iraq in pickup trucks with automatic weapons. The media has really overhyped the capabilities of this ragtag bunch, if anything it illustrates how incompetent and unmotivated the current Iraqi government is to fight, govern and build a broad based coalition in outlying cities outside of Bagdad.

November Elections just around the Corner

But back to the Republicans latest critique of President Obama`s response here in Iraq, it is obviously politically motivated, and only serves as the latest example of the complete dysfunction that is the two-party system in this country. Everything revolves around gaining more seats, getting more power, bringing in more money to the parties, to run campaigns to retain seats in Congress and keep the parties strong for the next election cycle.

And with mid-term elections every two years, every policy issue is debated not on its merits, but is sliced and diced, spun and framed in the context of how either party can gain traction on this issue for inflicting political damage for the next election cycle. Literally this happens with every single issue, if the President came out and said the sky is blue, the Republicans would spin it as, if Obama did his job right it would be green!

Results Oriented Thinking & Hindsight Strategy

Sure the US could have left troops in Iraq, and maybe some of this would have been prevented, but come on the Iraqis could also get their act together, take a little responsibility for their own welfare, and show a little self-determinism for their future. You can lead a horse to water, but you cannot make it drink.

The US cannot go all over the world holding everybody`s hand until they get their act together, at some point there are consequences for behavior, and people make choices on how they are going to live, work together for some common benefit, or suffer the consequences for the choices they make in not working together for a defined common good of a shared broad based and multi-faceted society.

One notices how the United States never has to go in with the military and bail out the Scandinavian countries? At some point the Iraqi people will have to take responsibility for how they want to live and deal with the consequences of these choices. Now if these consequences happen to negatively affect, and I mean truly affect the United States security, and this is a high bar given the geographic distance from Iraq and alternative energy sources around the world, then the US will need to take aggressive military action which may necessitate troops on the ground.

Read More >>> China, Vietnam, Russia and U.S. in The South China Sea

Career Politicians & Outdated Agendas

But every time John McCain speaks regarding foreign policy it becomes more and more clear that the two-party system has outlived its usefulness, and needs to be replaced by a broader, more sophisticated political model – let’s get rid of political parties altogether and debate the issues and policy alternatives on their own merits!

By EconMatters

http://www.econmatters.com/

The theory of quantum mechanics and Einstein’s theory of relativity (E=mc2) have taught us that matter (yin) and energy (yang) are inter-related and interdependent. This interconnectness of all things is the essense of the concept “yin-yang”, and Einstein’s fundamental equation: matter equals energy. The same theories may be applied to equities and commodity markets.

All things within the markets and macro-economy undergo constant change and transformation, and everything is interconnected. That’s why here at Economic Forecasts & Opinions, we focus on identifying the fundamental theories of cause and effect in the markets to help you achieve a great continuum of portfolio yin-yang equilibrium.

That's why, with a team of analysts, we at EconMatters focus on identifying the fundamental theories of cause and effect in the financial markets that matters to your portfolio.

© 2014 Copyright EconMatters - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

EconMatters Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in