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In this mailing:
by Lawrence Kadish
• March 9, 2016 at 5:00 am
- Major nations were
brought to their knees when their economies unraveled. More than any
constitutional crises, war, plague or immigrants at the borders, when
massive debt is the central pillar of a nation's economy its very
survival is in jeopardy.
- When nations engage
in the political quick fix of borrowing to cover their budget deficits
(defined as monetizing the debt), the results have been catastrophic.
- Without the
leadership and determination to grow our economy, enforce balanced
budgets, an end the shortsighted policy of bonding out our budget
deficits, the enormous national debt will only keep increasing.
Government tax revenues will be offset by ballooning debt service
payments that divert money away from education, Medicaid, and national
defense. A desperate government will then look to run their printing
presses at the Mint 24/7 to cover the shortages and hyperinflation will
begin to devour our life savings. It is a threat as serious as the Great
Depression.
Against the backdrop of venomous presidential primary races and fierce
partisan warfare over the next Supreme Court nominee it is time for a
remedial history lesson for America's White House hopefuls.
The past repeatedly reminds us that major nations were brought to their
knees when their economies unraveled. More than any constitutional crises,
war, plague or immigrants at the borders, when massive debt is the central
pillar of a nation's economy its very survival is in jeopardy. Yet over the
past decade here in America our political leaders have failed to grow our
economy, borrowed to support wasteful programs, and thrown dollars at
problems rather than make the difficult policy decisions required. As a
result, our national debt has grown from $8.5 trillion in fiscal year 2006 to
over $19 trillion today, an unsustainable debt that places our nation at risk
to an historic financial meltdown.
by Lawrence A. Franklin
• March 9, 2016 at 4:00 am
- Western governments
need to accept the harsh reality that the Islamic Republic of Iran
remains a revolutionary regime. The IRGC has responsibility over all
ballistic missile programs and research and development. The West also
needs to internalize that all decisions over ballistic missiles and associated
delivery systems, the pursuit of a nuclear weapons capability, export of
the revolution, aggressive support of the Shi'a ascendency in the Gulf
and militant acts of inhumanity towards their own people are made by the
deep state.
- In short, the Iranian
regime is much more Islamic than a Republic. The regime's most reviled
and inveterate enemies remain Israel and the United States.
- Those Iranians
opposed to the existing order have been broken physically and
psychologically by a combination of regime cruelty and lack of support
from the world's democracies.
Iran's Majles (Consultative Assembly). Image
source: Mahdi Sigari/Wikimedia Commons
Despite the voluminous and biased reporting about the conclusions that
should be drawn from Iran's recent Majles (Consultative Assembly)
elections, the results signify next to nothing.[1] Hundreds of candidates are
disqualified from running by the Council of Guardians (COG) if they are
judged to be opposed to the current Islamic regime, or on grounds of
"moral turpitude" and other reasons that would be irrelevant in a true
democracy. When given the limited choice from a thoroughly vetted set of
pro-regime candidates, all of whom favor Islamic rule, the people will always
vote for the more "liberal" of the alternatives. This is hardly
surprising in a country where the existing martial, theocratic order remains
highly unpopular.
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