Tuesday, December 30, 2008
Dear America:
--Sally Pipes, WSJ
The Carrot And Stick Approach
With reports of Israeli forces interfering with humanitarian aid and the conflict giving Hamas a reason to be in the spotlight, the Israelis are considering calling a 48 hour truce to give humanitarian efforts a chance to work...but also to give Israel the opportunity to prepare a major ground offensive.
Prime Minister Ehud Olmert said Tuesday that Israel's military offensive on the Gaza Strip would continue for as long as necessary to achieve the goals of the defense establishment against the ruling Hamas regime.The thing is, Israel now either has to commit to withdrawal or a major ground invasion in the next few days. Hamas is betting it can declare victory in either situation once again. Given the tough talk out of Olmert over the last few days, it looks like that ground offensive is a very distinct possibility.
"The Gaza offensive has begun and will not end.... until our goals our reached, we are continuing according to the plan," Olmert said.
The prime minister's statement came in response to reports that defense officials intended to recommend a 48-hour truce to abate the war against Hamas and embark on a temporary truce before it became necessary to begin a significant ground invasion of the Gaza Strip.
Things could very quickly get a lot worse, and we've still got three weeks until Obama is even sworn in.
The Right Way, The Wrong Way, And The Blago Way
Illinois Gov. Rod Blagojevich is expected Tuesday to name former Illinois Attorney General Roland Burris to the U.S. Senate, CNN affiliates the Chicago Tribune and WLS-TV reported, citing sources familiar with the decision.So, with Blagojevich calling the Dems bluff, the ball's firmly in Obama's court now. If he approves of Burris, he looks like an ass for backing Blago, plus Burris can never live down the appointment scandal. If Obama rejects Burris he looks like an ass for dumping on one of Obama's own political heroes and it'll be clear that Blago will simply try again, and if he does nothing, he looks like an ass for doing nothing.Burris' appointment would fill President-elect Barack Obama's former Senate seat. Blagojevich is to announce his choice at a news conference at 3 p.m. ET.
Burris, 71, is African-American. According to the newspaper, he expressed interest in the Senate seat shortly after the November 4 election.
The news comes as Democratic leaders in the Senate warned that they would reject any Senate pick made by Blagojevich, who faces criminal charges.
Harry Reid basically is saying Blago can go to hell.
The Senate will not seat Roland Burris if Illinois Governor Rod Blagojevich attempts to appoint him, a Democratic leadership aide said.The die, as they say, is cast.Majority Leader Harry Reid views Burris as "unacceptable," the aide said.
PS: Hey Harry, where was this sudden backbone six months ago on FISA?
[UPDATE] Blago has balls. Real balls.
"Please don't allow the allegations against me to taint this good and honest man," Blagojevich said.Nice.
House Of Pain
If housing prices are still falling (and this confirms they are and will be well into 2009) there's no real chance at recovery for the economy in the forseeable future.
Year-End Clearance
* Unemployment (real unemployment, not the massaged numbers the media reports) will hit 20% or more in the USA this Spring.But the gobsmacker is that there's a couple of pretty disturbing social predictions that I see as plausible enough to explore further:* Corporate Bankruptcies will hit record numbers and will include many, many major retailers, and automobile related companies, including one or more of the Big 3 (Chrysler and GM especially).
* Automotive Lobbyists will scream loudly to change the bankruptcy code to make Chapter 11 (the reorganization provisions) more corporate friendly and less labor friendly. Expect those to pass easily.
* Individual bankruptcies and foreclosures will also increase spectacularly. Do not expect much relief for homeowners, individuals and small businesses, however. Senate Republicans and Blue Dog Democrats will see to that.
* Health Care Reform will pass, but it will be too little, and provide too many bones for Big Pharma and the Health Insurance companies to be of any real benefit to most Americans. Health Care costs will continue to rise for most people.
* Riots will break out this summer in one or more major American cities. The causes could be unemployment, food shortages, hot weather, racial animus, anger at police violence, or all of the above.Considering this morning's StupidiNews story on a US Army War College professor gaming out scenarios where this sort of thing happens and the US military's role should include the effort "to rapidly determine the parameters defining the legitimate use of military force inside the United States", it's worth considering the effects of that.* The number of assassination threats against Obama will skyrocket. The FBI and Secret Service will break up more than one serious conspiracy. Other political figures will also see increased numbers of death threats with the risk that various politicians or other prominent leaders will be killed.
* Food shortages may occur later in the year, particularly of produce.
Things are already pretty bad in a number of major American cities. Facing another year of draconian state and local budget cuts greatly affecting law enforcement, mass layoffs continuing across the country, and real unemployment approaching one in five if not one in four Americans, I happen to think there's a significant amount of merit to the prediction of shortages, unrest, and some sort of major incident occurring in a US city in 2009 or 2010.
I'll have my own predictions up in the next day.
StupidiNews!
- Israel's self-described "all out war" against Hamas continues for a fourth day.
- How would America deal with economic-fueled domestic unrest in a worst-case scenario?
- The Treasury Department plans to buy $5 billion in GMAC stock.
- FedEx will give up a Super Bowl ad slot this year to save to company money.
- The National Archives is struggling to deal with eight years of a Bush data dump.