ConservativeINC

November 26, 2007

Iraq: The Future

Filed under: Economics, War — admin @ 12:47 pm

Looking to the future the Iraqi government is making some moves to better position their nascent government. Among the areas that were covered and explained in a story from AP was the ending of the UN mandate and restrictions on Iraqi sovereignty, the evolving role of the United States in Iraqi affairs, and a strengthened economic partnership between the Iraqis and American business interests.

Iraq’s government, seeking protection against foreign threats and internal coups, will offer the U.S. a long-term troop presence in Iraq in return for U.S. security guarantees as part of a strategic partnership, two Iraqi officials said Monday.

The proposal, described to The Associated Press by two senior Iraqi officials familiar with the issue, is one of the first indications that the United States and Iraq are beginning to explore what their relationship might look like once the U.S. significantly draws down its troop presence.

In Washington, President Bush’s adviser on the Iraqi war, Lt. Gen. Douglas Lute, confirmed the proposal, calling it “a set of principles from which to begin formal negotiations.”

As part of the package, the Iraqis want an end to the current U.N.-mandated multinational forces mission, and also an end to all U.N.-ordered restrictions on Iraq’s sovereignty.

The future success of Iraq depends on a number of issues. Can they, working in conjunction with us, provide security for their people? Can the disparate sectarian forces at least agree to live together with a minimum of violence? Can the government assert its authority or would it be better, like I have argued in the past, for Iraq to be more like a federation? And maybe most importantly of all, can the Iraqi economy rise up from the ashes of dictatorships and war?

A nation’s economy is the most important thing for continued success. Otherwise strong nations; nations that have a strong political system, a good infrastructure, a united populace, etc, won’t last for long if the economy doesn’t grow. If the Iraqi economy experiences a rebirth many of the problems it currently has will dissipate and so will some of ours.

One of the major things fueling Iraqi strife is the lack of opportunity in the country. Young men can get paid significantly more for joining the various terrorists/insurgent groups then they could get working a legitimate job. Even though this type of labor is diminishing in Iraq right now without a legitimate promise of a job there will be an increase in violence in the future. But if the Iraqi economy sprouts some wings and takes flight that threat will be greatly diminished.

Furthermore, a strong economy in Iraq will become a foil to its bellicose Eastern neighbor. Iran remains a major problem not only for regional stability but for worldwide stability as well. With an economically strong Iraq the nation would predictably become less inclined towards war and terrorist operations. With this front of destabilization dead Iran would lose a significant thoroughfare for its imperialist terrorism.

And who knows what a pro-Western economic powerhouse in Iraq would do for the region overall? It could work to give legitimacy to other pro-Western capitalistic democracies throughout the Middle East and the Arab world overall (Lebanon maybe).

This is why Iraq is so important for America’s foreign policy. It is a nation that is basically right dab in the middle of the biggest hot spot in the world. If we can secure it and help build a strong economy for that nation it will have a trickle down effect to its neighbors (hopefully).

The future for Iraq is not something that can easily be predicted. But the future can be easily be guessed at if Iraq is allowed to crumble. BigT

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November 25, 2007

The Shoppers are Shopping!

Filed under: Economics — admin @ 12:29 pm

For the last couple of years it was plastered on news sources both mainstream and new that the Christmas shopping season was DOA. Accompanying these stories were warnings of doom for our economy and a generally gloomy outlook for America’s future. This year’s shopping season has started out with a bang however.

NEW YORK (AP) - The nation’s retailers had a robust start to the holiday shopping season, according to results announced Saturday by a national research group that tracks sales at retail outlets across the country.

According to ShopperTrak RCT Corp., which tracks sales at more than 50,000 retail outlets, total sales rose 8.3 percent to about $10.3 billion on Friday, the day after Thanksgiving, compared with $9.5 billion on the same day a year ago. ShopperTrak had expected an increase of no more than 4 percent to 5 percent.

“This is a really strong number. … You can’t have a good season unless it starts well,” said Bill Martin, co-founder of ShopperTrak, citing strength across all regions. “It’s very encouraging. When you look at September and October, shoppers weren’t in the stores.”

In a separate statement released Saturday, J.C. Penney Co. (JCP) reported “strong performance across all merchandise categories,” including fine jewelry, outerwear, and young men’s and children’s assortments.

But the department store chain cautioned, “while we are encouraged by our strong start, it is still early in the holiday season, and we are mindful of the headwinds consumers are facing.”

J.C. Penney, Wal-Mart Stores Inc. (WMT) and other major retailers are expected to report same-store results for November on Dec. 6. Same-store sales are those at stores opened at least a year and are considered a key indicator of a retailer’s strength.

The upbeat reports were encouraging since merchants have been struggling with anemic sales in recent months, as shoppers, particularly in the middle and lower-income brackets, were becoming more frugal amid higher gas and food prices and an escalating credit crunch.

In an apparent sign of desperation, the nation’s stores ushered in the official start of the holiday shopping season on Friday with expanded hours, including midnight openings, and a blitz of early morning specials that were more generous than a year ago. J.C. Penney and Kohl’s Corp. (KSS) opened at 4 a.m., an hour earlier than a year ago.

The strategy appears to have worked, as shoppers jammed stores in record numbers for early morning deals on Friday. Martin noted that judging by the strong figures on Friday, stores were able to sustain strong sales throughout the day. He said he’s counting on strong traffic throughout the weekend as many stores, including Macy’s Inc. (M), are continuing with special deals.

While Black Friday - so named because it was traditionally when the surge of shopping made stores profitable - starts holiday shopping, it is not considered a bellwether for the season. However, merchants see Black Friday as setting an important tone to the overall season: What consumers see that day influences where they will shop for the rest of the year.

Last year, retailers had a good start during the Thanksgiving weekend, but many stores struggled in December, and a shopping surge just before and after Christmas wasn’t enough to make up for lost sales.

This year, the Washington-based National Retail Federation predicted that total holiday sales would be up 4 percent for the combined November and December period, the slowest growth since a 1.3 percent rise in 2002. Holiday sales rose 4.6 percent in 2006 and growth has averaged 4.8 percent over the last decade.

Fine, go dump on our parade AP. But I don’t think they’re right with there last sentences of warning. People I know aren’t pinching their pennies this Christmas season (and they’re by no means “rich”). All I’m saying is that things on the ground in SoCal look better then those lukewarm predictions would have one think. I hope I’m right. BigT

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November 24, 2007

How Smart are Americans?

Filed under: Culture, Elections, You Can't Live Without This Stuff — admin @ 11:52 pm

An article in the NY Post got me to thinking about some other poll results my brother was talking to me about a while back. Unfortunately any conclusions I made from this story from the Post and what my brother was telling me was that there are a bunch of dumb and gullible Americans.

[Story continues below]
Are Americans smart?

This chart from the Post speaks volumes. Many of us are retarded. But there’s more bad news. Here’s some more bad news about the American populace from Taking Sides: Clashing Views in Mass Media and Society.

  • 29% think that the constitution guarantees them a job.
  • 42% think that the constitution guarantees them health care.
  • 75% thinks it guarantees them a high school education.
  • 45% think “from each according to his abilities, to each according to his needs”, a communist tenet, comes from the US Constitution.
  • More know the Nike slogan “Just do it” then know where “life, liberty and the pursuit of happiness” is set forth.
  • More know about Bill Gates being the founder of Microsoft then know that Alexander Hamilton is one of the Founding Fathers.
  • Less then half can name their representative to congress.
  • In 1998, 56% couldn’t name a single democrat candidate for president for 2000 and 63% recognized the name “Bush” but couldn’t tell you which one was running.
  • In 2000, 66% knew that Regis hosted Who Wants to Be a Millionaire.
  • In 2000, 6% knew that Dennis Hastert was the Speaker of the House. [not a typo]
  • “A 2000 study by the American Council of Trustees and Alumni found that 81 percent of seniors at the nation’s 55 top colleges scored a D or F on high school-level history exams.”
  • I have to add that there was a real interesting tidbit from the Post story. Whereas 37% believed in UFOs only 36% believed in ET. I guess this means that Americans believe there’s a better chance that there is intelligent spacecraft out there then intelligent space men.

    And these people vote. These statistics, and there’s a bunch more, make me sick to my stomach. I think the only way I’ll ever feel good about an election again is if it is for the next American Idol. BigT

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