Category: January

“I just received the following note from one of our Inner Circle members.  Below the note is my response.”

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“I just received the following note from one of our Inner Circle members.  Below the note is my response.”

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You want to see a sign of narrow thinking?

Obama made a remark directed at Putin (indirectly)…

I told you before, Putin is NOT stupid, and the Russians are NOT someone to mess around with, but just like the incredible GAFFE by Obama on his “I won both of mine…” he has now thrust us into another cold war, only this time, it’s not going to be funny…

Putin will MAKE OBAMA PAY for those remarks, mark my words.

Instead of Obama modeling the solution, remaining empathetic and offering a fig leaf, he threw down a gauntlet and will now UNDO everything that has been achieved since the wall came down.

The LEGACY of Obama will be smeared with foreign policy gaffes, and I believe what will erupt will be WWIII, and we’ve seen the spark now.

YOU NEVER< NEVER put a bear in the corner, the only thing they know to do if fight.

We have single-handedly declared war on Russia through the leadership of sanctions which caused they economy to crumble.

THE ONLY THING that brought us out of a depression was a WAR…

Do you think that is an isolated circumstance?

Or is WAR FOOTING a tool that can be used to resolve depression?

If so, we are in trouble because RUSSIA IS IN DEPRESSION, and the oil “business” has helped trigger the problems.

I expect the ARCTIC to be a battleground as well as eastern Europe, all fought by proxy…
Top News

War Is Exploding Anew in Ukraine; Rebels Vow More By RICK LYMAN and ANDREW E. KRAMER Evidence is increasing that Russian troops and Russian equipment have been pouring into eastern Ukraine again What choice do they have? And who narrowed the choice? Through lack of experience (a foreign policy team that doesn’t know what it’s doing) and OBAMA’s ego position. You wanted interesting? You got it!

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Mike’s response”

Here’s the quote:

Second, we are demonstrating the power of American strength and diplomacy. We’re upholding the principle that bigger nations can’t bully the small by opposing Russian aggression and supporting Ukraine’s democracy, and reassuring our NATO allies.
(APPLAUSE)
Last year, as we were doing the hard work of imposing sanctions along with our allies, as we were reinforcing our presence with the frontline states, Mr. Putin’s aggression, it was suggested, was a masterful display of strategy and strength. That’s what I heard from some folks. Well, today, it is America that stands strong and united with our allies, while Russia is isolated, with its economy in tatters.
That’s how America leads: not with bluster, but with persistent, steady resolve.

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THIS WAS A BAD MOVE, and shows lack of empathy for the Russian people in general, about 10 million or so are Russians on the USA, or more.

In developmental coaching, I call this modeling the problem, here’s why:

When someone models their “reasoning”…contained within that are the problems of the next or more complex levels…

So I call it modeling the problem which can be solved at a different level…

In this case, Obama and our country is making a huge error that will come back to haunt us all and the world…

it’s just a matter of time…

If Obama thinks Putin is not “so masterful” then the WORST thing he could have done…is embarrass him in front of 37.1 million watching the speech and the billion they will affect…

SUPER STRATEGIC ERROR…that shows Obama’s ego position…

When I landed…in Tacloban,

The executive jet that was blown off the runway which trued to takeoff about the pope…

Was still sitting there in the mud on the side of the runway…

mike

Had to share this bit of irony…

An. “oxymoron”…

Fight for peace…

mike

I’ve always wanted to see where McArthur walked ashore in Leyte.

mike

This was where I was going to stay to visit red beach 70th anniversary — oops!

mike

mike

http://www.wsj.com/video/obama-i-have-no-more-campaigns-to-run/E7FD0232-239E-4818-B17C-F36B5238BB18.html

I couldn’t chk this but this video revealed a lot more than ego complexity! About obamas development.

/dev/examples/obama

mike

“I just received the following note from one of our Inner Circle members.  Below the note is my response.”

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Further fuel for the discussion that Mark and Mike are having

Brian

 

Europe Moves Further Apart After Bank Decision

January 23, 2015 | 00:55 GMT

 

Analysis

Today was a momentous day for the European Central Bank (ECB). Traders across Europe rejoiced as the floodgates were finally opened and ECB President Mario Draghi announced the long-awaited decision to undertake quantitative easing, a policy of purchasing government bonds, which is aimed at stimulating inflation in the eurozone. The decision is undoubtedly excellent news for investors, who are likely to see asset prices rising across the board off the back of this huge cash injection. However, politicians across the Continent will consider the development somewhat more ruefully; for hidden within the announcement was evidence of Germany’s weakening commitment to the European project.

From a purely economic perspective, Draghi delivered almost everything the markets could have asked for. At 1.1 trillion euros ($1.13 trillion), the quantitative easing program was more than twice the size expected and included all the peripheral sovereign bonds that had already been bought by traders in anticipation, raising prices to record highs. Best of all, he suggested that the central bank’s commitment to hitting its 2 percent inflation target was unlimited and that it would continue buying bonds until it succeeded. The man famous for saving the eurozone in 2012 will now do his famous promise of “masterful work with whatever it takes,” for as long as it takes.

Considering the economic heft of this decision, why did the ECB wait until the eurozone had actually entered deflation (-0.2 percent in December) before using it? Within the answer lies the flaw in Draghi’s plan, and the sacrifice he had to make in order to hit the inflation target, his primary responsibility as president of the ECB. For this morning’s announcement also revealed that 80 percent of the bonds would be bought not by the ECB but by the national central banks, which would each buy their own country’s bonds and hold the default risks separately.

What is a Geopolitical Diary? George Friedman Explains.

While this unusual formulation should have little impact on the effectiveness of quantitative easing, the political message it sends is starkly negative: If things go badly, everyone is on their own. This message is a change of direction for the eurozone. Ever since the inception of its forerunner in 1951, the European Union’s credo has been “an ever closer union,” constantly tightening the links that connect the nations until one day a United States of Europe existed. Draghi’s decision to separate the risks of the European states is a seminal moment, since it is a reversal of this momentum.

In 2005, European voters rejected a treaty that would have established a constitution for the future union. It was a setback and a pause in progress, but the constitution idea could still have been floated again at a later date. The move to separate the risks of eurozone states, by contrast, is a step backward. It is a negation of the precedents established in the 2011-2012 crisis, in which countries raised funds to aid their fellow members, and in which the “whatever it takes” promise implied that the ECB backstopped all eurozone bonds. Now, Europeans are taking a step further apart.

But how did this happen? What forced Draghi to adopt a structure that undermines the European project in this way? The answer to that question is Germany. For at least the past 12 months, German Chancellor Angela Merkel and Bundesbank head Jens Weidmann have been united in the belief that quantitative easing would be bad for Germany because it would involve spending ECB money (of which Germany provides 17 percent) on the countries in the European periphery — and would leave Germans carrying a large part of the bill in the case of a default.

When it became clear that deflation was imminent as the global oil price plummeted, the Germans realized that a compromise would be necessary. In fact, it was Weidmann who in December first began talking publicly about a solution similar to the one announced this morning. On Jan. 14, Draghi held a private meeting with Merkel, presumably to gain her blessing on the plan, and it seems certain that she gave it. Merkel signed off on a plan that would loosen the ties that bind the eurozone, preferring it to a standard risk-sharing model that, though unpalatable to her countrymen, would have brought Europe’s countries closer together.

The weakness in Europe’s construction has always stemmed from the fact that ultimately, every individual nation puts its own interests first and Europe’s second. In 2009, Greece revealed that it had been falsifying its official figures for several years, allowing its citizens a more comfortable life while saving problems for later. This revelation was the start of an economic crisis, culminating in the sovereign bond crisis of 2012. In 2014, France and Italy both failed to comply with the Growth and Stability Pact, struggling to accede to the budgetary demands of the European Commission because of domestic political constraints. The commission’s unwillingness to discipline the offenders has resulted in an undermining of its credibility.

It is not new for a country to put its own well-being before that of the collective, or for the European Union’s institutions to be undermined by its own members. What is new this time around is that the problems came from Germany, Europe’s largest economy and historically its staunchest defender. Germany has proved that, just like its fellow eurozone members, it is willing to forgo the good of the union to protect its own interests. But in doing so, it has reversed the momentum of the eurozone — a slow-moving beast, which will be hard to turn around again.

 

http://mobile.reuters.com/article/idUSKBN0K016S20141222

mike