Here and linked in the blogroll on this blog’s right margin.
Russia
Behind the Banking Crisis.
I want to recommend a good piece at Conservative Tree House, which I read every day.
It is this post which connects a few dots.
This is where we need to keep the BRICS -vs- WEF dynamic in mind and consider that ideologically there is a conflict between the current agenda of the ‘western financial system’ (climate change) and the traditional energy developers. This conflict has been playing out not only in the energy sector, but also the dynamic of support for Russia (an OPEC+ member) against the western sanction regime. Ultimately supporting Russia’s battle against NATO encroachments.
The war in Ukraine, which probably would not have begun if Trump was president, led to a war of economic interests. The western democracies have invested their future in “climate change,” which used to be “global warming” before the failure to warm made that slogan obsolete. Climate change has evolved into a war on energy production. The Biden regime now has even gone after gas stoves. Since I just bought one, I have an interest. Now, they seem to be going after washing machines. Ours has failed recently so I had better be quick to replace it.
The recent Credit Suisse bank crisis is complicated by the refusal of its largest shareholder, the Saudis, to help with a bail out. Why would this be ? This brings up the topic of BRICS. This is a new financial combination made up of Russia, China, Brazil, India and South Africa.
The March of Folly
That’s the title of a four-pronged historical examination by Barbara Tuchman: an examination of four specific episodes in history (or in the case of Troy and their gift horse, possibly mythical history) where the leadership of a political entity decided – against all good advice and reasoned opposition – to go full out in idiocy counter to their best interests, the pursuit of which left them very much in a worse situation than before. Pride, stubbornness, stupid devotion to a set of principles which wound up biting them in the nether regions and supposedly serving a warning and example to the rest of us. Yet – as MS Tuchman notes – political bodies kept on doing it, over and over again. (Although I and others do have some serious beefs about how she categorized the saga of US in Vietnam.) It’s a readable overview, a quick skim of what happen in four separate eras when four different entities decide against all good advice, interests and viable alternatives, to go ahead and pee on that electric fence; a reminder – as if we really do need another one, that self-interested stupidity is a human constant.
Midterms and Mayhem
Abstract: A “red wave” midterm election seems about to occur. Notwithstanding the apparent (relatively) recent precedent of the 1994 midterms, the eight weeks from Tuesday 8 November 2022 to Tuesday 3 January 2023 may become the most challenging period to date in the entire history of the American constitutional order, not excepting the “Secession Winter” following Tuesday 6 November 1860. A broadly similar situation would almost certainly exist if the relative positions of the major political parties in the US were reversed. Even with alarming possibilities in view, this post is intended to promote constructive apprehension, not mere fearfulness.
Like all good students at our eponymous institution, you get the theoretical elements first, then more practical aspects, and falsifiable predictions at the end.
Known Knowns, Known Unknowns, Et Cetera
“There are known knowns, things we know that we know;
and there are known unknowns, things that we know we don’t know.
But there are also unknown unknowns, things we do not know we don’t know.”
– Donald Rumsfeld
So last week’s post regarding the paucity of lefty anti-war protesters regarding the Ukrainian war is still going strong with comments, reminding me once again of the great sage, Donald Rumsfeld, regarding what we know, and what we know that we don’t know … and what we really don’t know that we don’t know.
What do I know for sure about the war? I know that both sides are … parsimonious with the truth about everything that is happening in the zone of conflict, to the point where a truckload of salt is necessary when reading the headlines, no matter if it’s the established print media, or blogs. What to believe? Practically nothing, save that yes, indeed, there is a war and a pretty hot one, too.
I am pretty certain that Ukraine served basically as the Biden family’s ATM. Corrupt government – yeah, that I do believe. But as corrupt than Russia itself, Nigeria, Pakistan, Belarus, South Sudan, Somalia, Burundi, Venezuela, and other frequent fliers on ‘most corrupt evah!’ list?
I do believe that Putin’s Russia apparently went into the Ukraine believing that it would be a one-two punch and settled to the advantage of Russia within a fortnight. That the war has been going on without a resolution since February of this year argues that Putin and his generals did indeed bite off more than they could chew, seriously overestimating their own capabilities and the Ukrainian will to resist.
The modern Ukrainians are descended from the Cossacks, in culture if not in blood, who had for centuries a tradition of making war … enthusiastically. They also, if I read my history right, still hold a grudge for being subjected to the Holodomor, the mass starvation under Stalin’s harsh rule in the 1930s. And that has to cast a very long shadow, among survivors of that state-instituted horror and their descendants.