Free Markets, Free People

summit


Two can play this game

Benjamin Netanyahu has decided that he’s been treated like trailer trash long enough:

Israeli Prime Minister Benjamin Netanyahu has canceled a planned trip to Washington next week to take part in President Barack Obama’s 47-country nuclear security summit conference.

The ostensible reason for the very public cancellation?

He made the decision after learning that Egypt and Turkey intended to raise the issue of Israel’s presumed nuclear arsenal at the conference, a senior government official said on Friday.

Israel is believed to be the only nuclear-armed power in the Middle East but has never confirmed or denied that it possesses atomic weapons. It has not signed the nuclear non-proliferation treaty (NPT).

That’s the official reason – and there may be a grain of truth to it.  It’s Obama’s summit. But given the treatment Obama has given Israel lately, I’m sure Netanyahu has no illusions about his previously staunch US ally stepping in and stopping any such attempted hijacking of the summit by Egypt and Turkey.  Of course, Israel wouldn’t be the only nation there which hasn’t signed the NPT (India and Pakistan).

Probably more importantly though, the summit and nuclear non-proliferation are a pet project of Obama’s.  Israel is choosing to display its displeasure with Obama and the way it has been treated recently (see visa story below as well) by visibly and publicly downgrading their level of participation to Deputy Prime Minister level.  Or at least that’s the way I see it.

In hardball, both sides get a chance on the mound.

~McQ


Podcast for 28 Feb 10

In this podcast, Bruce, Michael and Dale discuss the Obama Administration’s security policies and the healthcare summit.  The direct link to the podcast can be found here.

Observations

The intro and outro music is Vena Cava by 50 Foot Wave, and is available for free download here.

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2009, they can be accessed through the RSS Archive Feed.


What? No Jobs? Let’s Talk About It!

Apparently the Obama administration had discovered, 10 months into the presidency, that perhaps jobs are the highest priority for most Americans.

So? So they’re going to have a “jobs summit”. Yes sir, they’re going to get together and talk about it! Because, you know, talking about something always is better than not talking about it, I suppose.

Uh, but not till next month. You know – it’s not that important.

And sure while doing something about a problem is much better than talking about it, talking is what this administration does best.

Look at Afghanistan. They’ve been talking about that for almost 3 months since the commander has made his request. And he’s still talking about it.

But back to jobs:

“Hiring often takes time to catch up to economic growth,” Mr. Obama said. “Given the magnitude of the economic turmoil we’ve experienced, employers are reluctant to hire.”

Of course they’re reluctant to hire – health care is up in the air, cap-and-trade is on the horizon, the government is spending like a drunken sailor on shore leave in Shanghai, it has inserted itself into the business and financial markets to an unprecedented degree and there is no question that taxes are going up – some think dramatically. Why would any business worth their salt be considering taking on new employees or expanding at a time with the future as unsettled as it is?

“We all know there are limits to what government can and should do, even during such difficult times,” Mr. Obama said, “but we have an obligation to consider every additional and responsible step that we can to encourage and accelerate job creation in this country.”

This said by the same guy who assured us that his “stimulus” package would absolutely cap unemployment at 8%. We’re at 10.2% and rising and he’s reduced to pretending a smaller number of unemployed submitting applications for unemployment benefits than did last week is “progress”.  Oh, and using fake “saved and created” numbers.

Of course there are things the government can do to “encourage and accelerate job creation” that have absolutely nothing to do with more spending or extending unemployment benefits. But my guess is those won’t even be brought up much less considered. In fact my guess is the cry, led by Paul Krugman and others, is going to be “mo money”.

But hey, jobless folks, take heart. They’re going to talk about it. Next month. Right before Christmas I assume. Which will naturally delay anything being done till about the anniversary of his 1st year in office [if then]. And frankly, I wouldn’t be surprised if we were still waiting on an Afghanistan decision then as well.

~McQ

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