Thursday, February 12, 2009

The New Frontier

JFK/Gibran Connection?

Wikiquote looks into it:

It has been reported at various places on the internet that in JFK's Inaugural address, the famous line "Ask not what your country can do for you, ask what you can do for your country", was inspired by, or even a direct quotation of the famous and much esteemed writer and poet Khalil Gibran. Gibran in 1925 wrote in Arabic a line that has been translated as:

Are you a politician asking what your country can do for you or a zealous one asking what you can do for your country?
If you are the first, then you are a parasite; if the second, then you are an oasis in a desert.

However, this translation of Gibran is one that occurred over a decade after Kennedy's 1961 speech, appearing in A Third Treasury of Kahlil Gibran (1975) edited by Andrew Dib Sherfan, and the translator most likely drew upon Kennedy's famous words in expressing Gibran's prior ideas. A translation by Anthony R. Ferris in The Voice of the Master (1958) exists that could conceivably have been used as an inspiration, but it is less strikingly similar:

Are you a politician who says to himself: "I will use my country for my own benefit"? If so, you are naught but a parasite living on the flesh of others. Or are you a devoted patriot, who whispers into the ear of his inner self: "I love to serve my country as a faithful servant." If so, you are an oasis in the desert, ready to quench the thirst of the wayfarer.

The title of Gibran's essay has been translated as The New Deal, or The New Frontier.

Wednesday, February 11, 2009

Mubarak and Gaza

[Students and faculty members of the American University in Cairo on Sunday protested the detention of a demonstrator. (Shawn Baldwin for The New York Times)]

The NYT:


CAIRO - State security came for Philip Rizk on Friday night. He had just finished a six-mile protest walk with about 15 friends to raise support for Palestinians in the Gaza Strip when he was detained for hours and then hustled into an unmarked van and driven off. He has not been seen or heard from since....

On Sunday, about 50 students and faculty members at the American University in Cairo's campus held a small demonstration calling on the authorities to release Mr. Rizk. The signs they held up said, "Where is Philip?"

The Black Swan

Roubini and Taleb on the economic crisis

Iran's Obama?





Juan Cole on Khatami

Tuesday, February 10, 2009

No Longer the "Consumer of Last Resort"?

Asia: The Coming Fury

by Walden Bello

This process [export led growth] depended on the U.S. market. As long as U.S. consumers splurged, the export economies of East Asia could continue in high gear. The low U.S. savings rate was no barrier since credit was available on a grand scale. China and other Asian countries snapped up U.S. treasury bills and loaned massively to U.S. financial institutions, which in turn loaned to consumers and homebuyers. But now the U.S. credit economy has imploded, and the U.S. market is unlikely to serve as the same dynamic source of demand for a long time to come. As a result, Asia's export economies have been marooned....

U.S.-East Asia economic relations today resemble a chain-gang linking not only China and the United States but a host of other satellite economies. They are all linked to debt-financed middle-class spending in the United States, which has collapsed....

In China, about 20 million workers have lost their jobs in the last few months, many of them heading back to the countryside, where they will find little work. The authorities are rightly worried that what they label "mass group incidents," which have been increasing in the last decade, might spin out of control. With the safety valve of foreign demand for Indonesian and Filipino workers shut off, hundreds of thousands of workers are returning home to few jobs and dying farms. Suffering is likely to be accompanied by rising protest, as it already has in Vietnam, where strikes are spreading like wildfire. Korea, with its tradition of militant labor and peasant protest, is a ticking time bomb. Indeed, East Asia may be entering a period of radical protest and social revolution that went out of style when export-oriented industrialization became the fashion three decades ago.

Saturday, February 7, 2009

The Pentagon as an Engine of Economic Recovery?

How can a country headed into A State of Depression justify spending a trillion dollars a year on an already grotesque defense establishment? I wonder if a standing army doesn't constitute a violation of the spirit, if not the letter, of the 2d and 3d amendments to the US Constitution.

WINSLOW T. WHEELER, "Why the Pentagon is Not a Jobs Engine: Save the Economy by Cutting the "Defense" [Offense] Budget":

Harvard economist Professor Martin Feldstein has advocated in the Wall Street Journal (‘Defense Spending Would Be Great Stimulus’, 24 December 2008) the addition of USD30 billion or so to the Pentagon’s budget for the purpose of generating 300,000 new jobs. It is my assertion, however, that pushing the DoD as a jobs engine is a mistake....

Even other economists are sceptical about Feldstein’s numbers. An October 2007 paper from the University of Massachusetts-Amherst found that each USD1 billion spent on defence would generate 8,555 jobs, not the 10,000 calculated by Feldstein. Given the problems with the F-22 just discussed and the lack of jobs I believe it will generate, even this lower estimate sounds extremely optimistic.

Chalmers Johnson on the Pentagon:
Each year, we Americans account for nearly half of all global military spending, an amount larger than the next 45 nations together spend on their militaries annually.
...
Our problems are those of a very rich country which has become accustomed over the years to defense budgets that are actually jobs programs and also a major source of pork for the use of politicians in their reelection campaigns.

Given the present major recession, whose depths remain unknown, the United States has better things to spend its money on than Nimitz-class aircraft carriers at a price of $6.2 billion each (the cost of the USS George H. W. Bush, launched in January 2009, our tenth such ship) or aircraft that can cruise at a speed of Mach 2 (1,352 miles per hour).

...

By the time the prototype F-22 had its roll-out on May 11, 1997, the Cold War was nearly a decade in its grave, and it was perfectly apparent that the Soviet aircraft it was intended to match would never be built. Lockheed Martin, the F-22's prime contractor, naturally argued that we needed it anyway and made plans to sell some 438 airplanes for a total tab of $70 billion.

"Obama Admin Will Follow Bush Stance on Hamas Boycott"

Democracy Now! on business as usual at the State Department:

At the State Department Thursday, Secretary of State Hillary Clinton repeated the Obama administration commitment to follow the Bush administration policy of boycotting Hamas.

Secretary of State Hillary Clinton: “I would only add that our conditions respecting Hamas are very clear. We will not, in any way, negotiate with or recognize Hamas until they renounce violence, recognize Israel and agree to abide by, as the Foreign Minister said, the prior agreements entered into by the PLO and the Palestinian Authority."

The US position has been criticized in part because it refuses to impose the same conditions on Israel. Israel refuses to renounce violence, recognize a Palestinian state and abide by agreements, including a pledge to freeze settlement expansion in the occupied West Bank.