Saturday, September 19, 2015

German Chancellor Angela Merkel should read The Camp of the Saints

In 1973 Jean Raspail published an apocalyptic novel entitled The Camp of the Saints.  It was a story depicting the destruction of Western civilization, which began innocently enough with the Belgian government announcing in Calcutta, India, a policy of adopting Indian babies and raising them in Belgium.

This well-intentioned policy led a "wise man" to rally the Hindu masses of India to undertake a mass migration to Europe.  They arrived first in France by the hundreds of thousands with no regard for lawful entry requirements.  They showed no desire to assimilate into French or any Western culture. Europe and ultimately all of Western civilization capitulated to the Hindu masses.

Replace the Belgian government with Angela Merkel.  Replace the Hindu masses of India with the Muslim masses of Pakistan, Afghanistan, the Middle East, and North Africa.

Of course it can't really happen in Western Europe in 2015, can it? Chancellor Merkel did everything possible to keep Greece in the Eurozone to prevent its breakup.  But her encouragement to accept hundreds of thousands of Muslim immigrants in Germany has brought a backlash throughout the European Union.  

Perhaps the defining feature of the European Union is the Schengen Agreement, which permits visa-free travel across its members' borders. Those borders are on lockdown across a growing number of EU member countries in September 2015.

The best laid plans of mice and (wo)men.......


Wednesday, September 16, 2015

President Xi Jinping of China Comes to America, Again

President Xi Jinping of China arrives in the United States on September 24, 2015, for an extended visit that includes a summit with President Barack Obama on September 25 and a speech at the United Nations on September 28.

China experts--economists, political scientists, government officials, politicians, businessmen, and countless journalists, television commentators, pundits, and bloggers--will interpret every nuance of Xi's public remarks, facial expressions, gestures, places he visits, and so on.

The White House will claim that President Obama is talking tough with President Xi on China's island building in the South China Sea, cyber-security, intellectual property rights, the exchange rate of China's currency, and other matters of importance to the United States.  What goes on  behind the scenes will be subject to endless speculation. 

Thoughtful Ideas can help you, the reader, get a handle on the outcome of President Xi's visit.

Your friendly proprietor studied Mandarin (and a smidgeon of Cantonese) in Hong Kong in 1963, along with years of Chinese history, culture, economics, politics, art, and other aspects of Chinese life. Taking creative license with Chinese grammar for euphonic effects, I wrote a short couplet that describes contemporary Chinese behavior.

My eight-character couplet (eight for good fortune):

Ni yao, ni shuo
Wo yao, wo zuo

Translation:

You say what you want
I do what I want

President Xi will listen patiently to President Obama and everyone else he meets during his visit. Upon returning home, he and his colleagues will do what they want, much to the dismay of what the experts said about the agreements that were presumably reached with American officials and business leaders.

In short, pay no attention to the chattering classes that try to interpret his visit for you.


Wednesday, September 2, 2015

What Would William Jennings Bryan Say to the Federal Reserve Board?

You shall not crucify mankind on a cross of a one-quarter point (25 basis points) rise in interest rates.