Tag Archives: Russia

Colombia hosts international banking conference and signs free trade deals

This story has two parts. First of all, take a look at this IBD article that explains how the USA was able to transition Colombia’s economy away from drug-trafficking with a plan called “Plan Colombia”. The Democrats deserve all the credit for this plan, because it was initiated by Clinton and supported by Joe Biden. It has been a huge foreign policy victory for the USA.

Let’s take a look:

…Colombia is no longer the narco-trafficking hellhole it once was, but a bright Latin American success story.

Plan Colombia not only went after traffickers, but also root causes of conflict, professionalizing the military and offering the population alternatives to trafficking.

IBD is hoping that the lessons we learned in Colombia can be applied in other places like Mexico and and Afghanistan, where similar drug-related problems abound. But wait! All is not well. For Obama has decided to undermine Plan Colombia by reneging on the last step of the plan. Obama is refusing to sign a free trade deal with Colombia!

But we don’t see how the reality of victory can truly be achieved so long as Congressional Democrats undermine the final step in Plan Colombia’s victory plan, which is free trade with the U.S.

It’s the last step in the process of offering an alternative development path, over drugs and terror. Protectionist Democrats in Congress, in hock to Big Labor cash, still refuse to allow even a vote.

That’s right. After all this work on Plan Colombia, we are about to throw away all the fruits of our labor by refusing to allowing American companies to sell to Colombia, and allowing American taxpayers to buy cheaper, higher quality Colombian goods. Free trade is good for us, good for them, and good for world peace. But I guess it’s not good for Obama’s special interest groups.

And this has implications for Afghanistan, a country desperately trying to break away from an economy based on drug-trafficking:

Worse, it has potential to undercut victory in Afghanistan. Afghanis can see how hard Colombians worked with Americans to make Plan Colombia succeed. They can see how the program addressed not only military tasks, but social ones, which end in free and legal trade with the vast U.S. market.

…For Colombia, the promise was the free trade that Democrats are now reneging on. Democrats are snatching defeat from the jaws of a victory they could claim as their own and extend to Afghanistan. All they have to do is keep their promises.

But Colombia isn’t about to take this garbage from the President-Teleprompter. They’re going to fight back! Check out this IBD article that explains what Colombia is trying to do to avoid rolling back all the progress they’ve made against the drug traffickers. They’ve hosted an international conference of bankers to try to diversify their economy.

Excerpt:

Colombia asserted itself on the international stage last week, with the 50th annual governors’ meeting of the Inter-American Development Bank in Medellin. Some 6,000 bankers and businesspeople came.

…Corporate titans from Brazil, Spain, Japan, China and Germany were present along with the bankers, having invested $8.5 billion in Colombia in 2008.

But wait! One country barely even showed up! Which one? It’s the country that angers the world by opposing free trade. The country that was warned about its ignorant and destructive economic policies by former communist basket-cases like China and Russia. Who is it?

Let’s see:

A few U.S. executives were present too, but the Americans seemed overshadowed by the others.

It isn’t surprising, because Colombia is rapidly moving to diversify its trading partners, signing deals with China, Japan, Korea, the European Union, Canada and Central America, following Chile’s model of signing free-trade deals with all comers.

The U.S., with its Colombia free-trade agreement still on ice in Congress, was the only country that looked isolated and out of tune with the world without its pact.

But the IBD article does end on a hopeful note: there are signs that the free trade deal may be back on the table. We can only hope.

Further study

This previous post I wrote links to an article by economist Robert P. Murphy, published by the Institute for Energy Research. The article warns about the dangers of carbon tariffs and the benefits of free trade. I highly recommend it to those who do not understand whyy free trade matters for our economic growth and prosperity. And that includes jobs.

Editorials by Stephen Baskerville, John Lott, Thomas Sowell and Walter Williams

I thought I would throw out a variety of recent editorials from some of my favorite economists and public policy experts. Economist Robert P. Murphy isn’t featured today, because I wrote an entire post about his excellent article on energy policy recently.

Does the government discourage marriage and family?

Patrick Henry College economist Stephen Baskerville wrote an article about the government’s role decline of marriage and the family.

He writes:

…80 percent of divorces are unilateral. Under “no-fault,” divorce becomes a power grab by one spouse, assisted by judicial officials who profit from the ensuing litigation: judges, lawyers, psychotherapists, and social workers. Involuntary divorce involves government agents forcibly removing innocent people from their homes, seizing their property, and separating them from their children. It requires long-term supervision over private life by state functionaries, including police and jails.

…Invariably the first action in a divorce is to separate the children from one parent, usually the father. Even if he is innocent of any legal wrongdoing and does not agree to the divorce, the state seizes his children with no burden of proof to justify why. The burden of proof–and financial burden–falls on him to demonstrate why they should be returned.

A legally unimpeachable parent can thus be arrested for seeing his own children without government authorization. He can be arrested through additional judicial directives that apply to no one but him. He can be arrested for domestic violence or child abuse, even without evidence that he has committed any. He can be arrested for not paying child support, regardless of the amount demanded. He can even be arrested for not paying an attorney or psychotherapist. There is no formal charge, no jury, no trial, and no record.

If these statements surprise you, I recommend you read the whole article to find out how this is done. You will never see anything like this reported in the mainstream media. They have an agenda that forbids telling the truth about this issue.

Do gun-free zones discourage multiple victim public shootings?

University of Maryland economist John R. Lott writes about gun-free zones and their effect on MVPS incidents in this Fox News article.

He writes:

Time after time multiple- victim public shootings occur in “gun free zones” — public places where citizens are not legally able to carry guns. The horrible attack today in Binghamton, New York is no different. Every multiple-victim public shooting that I have studied, where more than three people have been killed, has taken place where guns are banned.

You would think that it would be an important part of the news stories for a simple reason: Gun-free zones are a magnet for these attacks. Extensive discussions of these attacks can be found here and here. We want to keep people safe, but the problem is that it is the law-abiding good citizens, not the criminals, who obey these laws. We end up disarming the potential victims and not the criminals. Rather than making places safe for victims, we unintentionally make them safe for the criminal.

Lott is the author of “More Guns, Less Crime”, a study, published by University of Chicago Press, that shows how concealed-carry laws drastically reduce crime in every state in which these laws were enacted. Surprising? Take a second look.

Is moral equivalence good foreign policy?

Hoover Institute (Stanford University) economist Thomas Sowell writes about the danger of electing a president with no executive experience at any level. Especially one who believes, as Evan Sayet says, that evil is good, and good is evil.

Sowell writes about Obama’s affection for Iran and Russia:

What did his televised overture to the Iranians accomplish, except to reassure them that he was not going to do a damn thing to stop them from getting a nuclear bomb? It is a mistake that can go ringing down the corridors of history.

…This year, President Obama’s attempt to make a backdoor deal with the Russians, behind the backs of the NATO countries, was not only rejected but made public by the Russians– a sign of contempt and a warning to our allies not to put too much trust in the United States.

And his hostility for Israel and Britain:

However much Barack Obama has proclaimed his support for Israel, his first phone call as President of the United States was to Palestinian President Mahmoud Abbas, to whom he has given hundreds of millions of dollars, which can buy a lot of rockets to fire into Israel.

Our oldest and staunchest ally, Britain, has been downgraded by President Obama’s visibly less impressive reception of British Prime Minister Gordon Brown, compared to the way that previous Presidents over the past two generations have received British Prime Ministers.

You can find a lot more about the kind of foreign policy threats we face at The Western Experience. The world is not a safe place, Bush just made it look that way by keeping our enemies in check, in exactly the way Obama won’t.

Is wealth redistribution morally justified?

Finally, let’s see what George Mason University economist Walter Williams has to say about the morality of wealth redistribution.

Excerpt:

The reason is that now that the U.S. Congress has established the principle that one American has a right to live at the expense of another American, it no longer pays to be moral. People who choose to be moral and refuse congressional handouts will find themselves losers. They’ll be paying higher and higher taxes to support increasing numbers of those paying lower and lower taxes. As it stands now, close to 50 percent of income earners have no federal income tax liability and as such, what do they care about rising income taxes? In other words, once legalized theft begins, it becomes too costly to remain moral and self-sufficient.

I recommend clicking on whichever of these stories strikes you as the most wrong or unfamiliar, and see if reading the whole thing changes your mind at all. I think it’s a fun experience to become more aware and tolerant of different views by learning about them. You can still disagree, but you’ll have more understanding.

France, Germany and Italy warn G20 nations against Obammunism

I was browsing over at the Anchoress and I found some very interesting links in her link-filled post here. She runs a blog that features a mix of Catholic-oriented reflections and a conservative perspective on the news of the day.

Here’s the part of her post that caught my attention:

Not good: First Putin told him not to, now France and Germany. Boy, didn’t the left HATE when Bush was this stubborn and set on his own way? And he didn’t listen to other countries? I seem to remember the left really, really hating that. About Bush. They hated these things too. When Bush did them.

Here is the warning from France and Germany from the Financial Times, via American Thinker:

Disagreements between the European Union and the US over how to combat the global recession widened on Tuesday as EU governments made clear they had little appetite for piling up more debt to fight the collapse in output and jobs.

Finance ministers from the 27-nation bloc insisted in Brussels that it was doing enough to support world demand and did not need at present to adopt another fiscal stimulus plan, as Washington is urging.

The US-European differences are casting a shadow over next month’s summit in London of leaders from the G20 group of advanced and emerging economies, an event to be attended by Barack Obama on his first visit to Europe as US president.

It’s true that France, Germany and Italy have all elected conservative leaders recently, (along with Japan, Canada, the Czech Republic and Mexico). I thought that these European socialist countries were to the left of the USA. Are we now to the left of France, Germany and Italy?

You might remember that I posted recently about former-communist Russia warning Obama about the dangers of socialism. Former-communist China also warned Obama to stimulate the economy with tax cuts, not spending. Instead, Obama raised taxes and spent trillions.

Canada, Japan and Mexico also elected conservatives governments. Why can’t we be more like them? Why do we have to embrace Obama’s unilateral, cowboy-communism? Why must Obama anger the world with unpopular economic policies that fail the “global test”? Why does Obama make the world hate us?