Decoding North Korean Foreign Policy And … Ours

Foreign Policy, libertarianism, Military, Politics, The State

“The antics of North Korea’s rulers are a perfect illustration of the principles” Antiwar.com’s Justin Raimondo calls “’libertarian realism,’ i.e. a theory of international relations that attributes the actions of states in the international arena entirely to the internal politics of the actors.”

“Instead of responding to real events abroad,” avers Raimonodo, “policymakers are chiefly concerned with responding to pressures from various lobbyists and domestic power brokers. This is because their one overriding goal is to maintain and expand their own power – a goal the rulers of North Korea share with our own. It doesn’t matter what kind of system we’re talking about: dictatorships, democracies, and everything in between – all foreign policy is determined by internal political conditions, and is only peripherally concerned with what goes on outside of that context. If you wondered how it was possible that US foreign policy has become so disconnected from reality – well, now you know.”

The rhetorical hysteria coming out of North Korea is par for the course: this is, after all, the country’s chief (and only) export. Washington knows full well Pyongyang has neither the means nor the intention to attack the United States, in spite of the comic-opera threats – and yet we’re acting as if the threat is real. In response, Secretary of Defense Chuck Hagel announced that we’re beefing up our missile defenses on the West Coast – “just in case.” Scheduled US-South Korean military exercises featured nuclear-capable jets “mock bombing” North Korea – a provocation that ignited a sulphurous response from Pyongyang.
The US has stood squarely in the way of all real peace efforts on the Korean peninsula: when it looked as if the South Koreans were taking the prospect of reunification with the North seriously, Washington put the kibosh on the process. Now that the daughter of a former South Korean dictator has been elevated to the South Korean presidency, prospects of a renewal of the initiative are remote. In this context, Washington’s routine provocations have a much bigger effect on the North, which sees itself in an impossible situation. The Hermit Kingdom is poorer, and more isolated than ever, and this has produced the internal dynamics that are driving the actions of the North Korean elite.
Little is known of internal political developments in the North, but the transition from one Supreme Leader to the next is surely problematic in any authoritarian system – and doubly so in a “communist” monarchy. There has long been tension between the ruling Korean Workers Party and the North Korean military, and apparently this ratcheted up to an unusual degree last year with reports of an assassination attempt on Kim Jong Un, culminating in a gun battle in the streets of Pyongyang.
The atmosphere of crisis generated by the North Korean media, and the government’s wildly belligerent pronouncements, in all likelihood have to do with the internal political situation, and bears little if any relation to events outside the country. North Korea’s “military first” policy, which puts military procurement ahead of economic development, has been costly: there are reports of a looming famine this month. As economic conditions worsen, the stability of the regime may be put at risk, in which case Kim Jong Un will need the military to back him up. The recent fall – and sudden rehabilitation – of Gen. Kim Yong Chol, head of the increasingly important Reconnaissance General Bureau, may be a clue to the regime’s murky internal conflicts. Another clue is the position of

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The Dumb Generation’s Hand-Held Devotional

Education, Family, Human Accomplishment, Intelligence, Pseudo-intellectualism, Science, Technology

In “Your Kids: Dumb, Difficult And Dispensable,” it was observed that, while “Hollywood and the rest of the glitterati and literati make abundantly clear in all their tired scripts and messages that the older generation has nothing on the youth, especially when it comes to technology smarts—this is manifestly false. The electronic toys our dim, attention-deficient darlings depend on to sustain brain-wave activity are made, for the most, by ‘older people’ with advanced engineering degrees.”

In my opinion, the reason highly creative individuals in hi-tech are able to create for The Kids is that they have enjoyed the benefits of a less laissez faire, more traditional education, involving a core curriculum—and if lucky a literary canon—the hardest of sciences, discipline, all coupled with parental moral instruction and guidance.

Now it appears that these hi-tech elites are designing gadgets that stunt an already stunted generation.

WARNING. This NYT article about the effects of time spent interacting with electronics on socialization and intellectual development is itself a product of a disorganized mind. The writer seems incapable of deciding—and developing a systematic argument—as to whether a child’s focus on these passive, quick-fix electronic stimuli detracts from overall healthy socialization or stunts the ability to be alone.

Missing is a line or two as to the two states-of-being—solitude vs. togetherness—being facets of a healthy psyche.

I live with an individual who is intimately involved in the design of some wonderful gadgets. Yet he himself hardly uses them in the little spare time he steals for himself. They frustrate him; they don’t seem to satisfy his creativity or sate his intellect. His greatest pleasure is found in composing and playing complex thematic pieces of music in his home studio. To do so he follows eternal, timeless rules of composition. Low-tech, if you like.

Myself, I have no interest in hand-held devices. I use my well-appointed PC for work. Away from the PC—during a jog, for instance—I think. Ideas flood my mind during physical exertion and solitude. On the rare occasions that we both go away on vacation, we do not take our work along.

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“Your Brain on Computers.”

A Beautiful Neoconservative Mind

Debt, Economy, Federal Reserve Bank, Free Markets, Media, Neoconservatism, Republicans

The question, I guess, is rhetorical. Still, why does Frontpage Magazine describe Steve Moore, of the War Street Journal, as “One of the country’s sharpest economic minds,” who can “explains how conservatives can save America from left-wing destruction”? This introductory blurb is on the front page of FPM, today, April 2.

Here’s how I introduced this beautiful neoconservative mind on BAB, starting in 09.30.08:

Stephen Moore authored a book paradoxically titled Bullish on Bush: How the Ownership Society Is Making America Richer.

Yes, Bush was a bailout bandit”: “Bush’s ownership society, built as it was on quicksand, quickly metamorphosed into the bailout society.”

Bush lobbed his financial WMD first by nationalizing the heavily socialized Fannie Mae and Freddie Mac, another formality. …
Buried in Bush’s blather was a tacit acknowledgment that government’s deep infiltration of the mortgage and homeownership markets encouraged a laissez faire attitude toward lending and borrowing.
“Because [Fannie and Freddie] were chartered by Congress,” confessed Bush, “many believed they were guaranteed by the federal government. This allowed them to borrow enormous sums of money, fuel the market for questionable investments, and put our financial system at risk.”
Fannie and Freddie’s “charter” partners Bush exonerated.
Moreover, nowhere did Bush come clean about the continual expansion of credit by the Central and commercial banks. Loose monetary policy has caused interest rates to fall below the natural market rate, and had precipitated an artificial stimulation of economic activity reflected in the colossal malinvestment and misallocation of resources witnessed in the housing market.
The Bush government—and previous administrations—had eliminated the risks of mortgage lending. The subprime fiasco, in a nutshell, was a consequence of extending credit to the un-creditworthy, chief of who were minorities. “The Diversity Recession” is how VDARE.com commentator Steve Sailer has aptly dubbed the mortgage misadventure.
You had the Federal Housing Administration (FHA) colluding with the U.S. Department of Housing and Urban Development (HUD) to provide taxpayer-subsidized home loans to illegal immigrants, no questions asked.
You had the 1974 Equal Credit Opportunity Act, the 1975 Home Mortgage Disclosure Act, and the US Fair Housing Act are—all arrows in the quiver of the federal government and the Department of Justice, aimed at forcing banks to throw good money after bad by lending it to those with low credit ranking. Mainly minorities.
Under the guise of remedying (alleged endemic) root-and-branch racism, the State [under Bush] had legislatively removed the risks of mortgage lending, thus precipitating the housing bubble.

Magnificent mind Steve Moore wrote an entire book in praise of Bush’s role in that kind of “ownership.” Will anyone ever make Moore own that?

Being Establishment means never having to say you’re sorry (or atone for your mistakes).

Savers: You’re The Bank’s Bitch

Business, Constitution, Debt, Economy, Federal Reserve Bank, Political Economy, Private Property, The State

Lawrence E. Rafferty, guest blogger on Professor Jonathan Turley’s blog, confirms what those of us who cleave to the Austrian school of economics already know: The workings of fractional reserve banking guarantee one thing only: Your deposits are not your own.

Booster to the banks Stuart Varney, of Fox Business, stressed today that he believes with all his heart that the US Congress [the same intemperate group that has helped accrue the US government’s 17 trillion dollar debt] will protect the private property of American depositors from the state-sanctioned theft suffered by Cypriot savers.

Rafferty sunders the Varney pie-in-the-sky, revealing that,

“A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds. ” NationofChange
The above article explains that most of us do not realize that when you deposit money in a bank, that it becomes the property of the bank and we become unsecured creditors of the bank! “Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay. (See here and here.) But until now the bank has been obligated to pay the money back on demand in the form of cash. Under the FDIC-BOE plan, our IOUs will be converted into “bank equity.” The bank will get the money and we will get stock in the bank. With any luck we may be able to sell the stock to someone else, but when and at what price?” NationofChange
If I deposit $1,000 dollars in my local bank, I trust that the funds are safe and protected by FDIC insurance and that even if the bank fails, I will get my money back. Under the plan listed above, we may not even be able to fall back on the FDIC insurance coverage. The FDIC-Bank of England plan would supersede our FDIC coverage and we would be relegated to become a “shareholder” in the failing bank or its successor entity. Let me see if I understand this scheme. The bank who is failing due to mismanagement or due to risky investments could steal my funds and force me to accept stock in a company led by poor businessmen with an even poorer business record! If you are brave enough, check out the full FDIC-Bank of England plan here.
Cyprus wasn’t the only place where a bankster grab of deposits was put into place or is being discussed. It is being discussed in New Zealand as well. “New Zealand has a similar directive, discussed in my last article here, indicating that this isn’t just an emergency measure for troubled Eurozone countries. New Zealand’s Voxy reported on March 19th:

Read Rafferty’s complete report.

Yippee! For your “hard earned deposits,” you’ll receive shares in a bankrupt, banking institution.

As Lew Rockwell put it recently, the most patriotic thing one can do is to partake in a run on the bank.

Before the fact, of course.

Moreover, and as I’ve long argued, thanks in no small part to Congress, various global agreements, mediated by a global bureaucracy—these embroil individual Americans absent their consent—have usurped the US Constitution and the power of Congress.

International treaties are often nothing more treason tarted up.