Well, I am now settled in Bangkok which will be my home for the next two months. Iām here prepping a film for the ABC Family Channel, entitled, āThe Prince and Me 4.ā Itās a cute little romantic comedy about the King and Queen of Denmark attending a royal wedding in the fictional Asian country of Sangyoon.
But, promoting my film career is not why I write these columns. I write them to discuss politics. And, I must state that being outside of the United States tends to cause one to hear things differently. People here and in other parts of the world, have vastly different opinions and viewpoints.
To begin with, Israelās move into Gaza has very little support outside of the western world. The majority of the news I read and hear is anti-Israeli. This is a fact that I simply cannot understand. Hamas are terrorists. If San Diego was being constantly subjected to rocket attacks from Tijuana, would anybody complain, except some people whose thoughts are far to the left, if the United States invaded Tijuana to stop the attacks? Of course not.
So, then why must Israel be criticized for doing the same thing? The rocket attacks from Hamas into Israeli territory were almost constant and had gone on for months. It doesnāt matter if the rockets are crude or weak. They are still being launched into Israeli territory and may injure or kill Israeli civilians.
Now, Israel is facing the possibility of sanctions from the inept United Nations for defending itself. Doesnāt Article 50 of the UN Charter give a country the absolute right to defend its borders from enemy attack? Why must Israel be condemned for this defense strategy?
The critics are saying that Israel is killing civilians. I am sure these civilians are not the targets in this battle. There is no excuse for killing civilians, but during times of military conflict, the bombs do not always drop where they are supposed to drop. Hamas does not care where the rockets they launch land whether it be in an old folkās home or an elementary school. Israel is not intentionally harming civilians and I am sure the Israeli armed forces feel pain every time it happens. Does Hamas hurt when they kill innocent bystanders? No! In fact, they are terrorists and thrive on harming bystanders. Al Qaeda and Hamas have much in common.
I applaud President Bush for standing up for Israel in these difficult times. He has proven his backing for Israel is absolute. I can only hope that the incoming president will also be true to our strongest ally in the Middle East. Although, I am not too sure since Obama continually hides behind, āThere can only be one president at a time,ā whenever questioned about anything. At some point, Obama will have to take a stand. I hope it starts on January 20.
Hopefully, the situation in Gaza will resolve itself in the next few days and all of this anti-Israeli propaganda will end. At the same time, I am sure that Israel will not back down until it has achieved its objectives. It does not cave into pressure from within or without. Israel stands it course. This is something we should learn.
On the domestic front in the United States, I am disturbed that the remaining 350 billion dollars in TARP money is going to be released. I guess I was hoping beyond reason that this bailout fever had finally come to an end. However, I am more disturbed when I see that Obama wants to give the money to aid in stalling foreclosures. Again, why are we bailing out people who bought houses they couldnāt afford? Where are the accolades to people who are actually making their mortgage payments? They are getting nothing for living up to their contractual obligations. Meanwhile, people who are not are getting gifts from the government. This is blatantly unfair.
Obamaās new stimulus package is expected to cost at least 850 billion dollars. Where is this money coming from? And, most importantly, who is going to pay for it? Are we going to burden our children with piles and piles of debt? Last week, the incoming president stated that we should expect one trillion dollar deficits for years to come. Is this āchange we can believe in?ā No, itās more of the same old failed democratic policies that have gone on since the days of FDR. Do the words tax and spend come to mind?
Many economists feel that FDRās New Deal did not end the depression, but instead extended and deepened it. Keynesian economics has not been proven to work at any time. It is a theory. You cannot just continue to throw good money after bad. The recession must run its course. Things will turn around, but we cannot continue to feed the bad news. The monetarists will probably succeed if they are only given the time.
One thing that was good about the incoming president was that he brought hope to the people. Now, he is dampening that hope by telling people that the recession is going to last long and that we are going to have large deficits for years to come. Maybe what heās really doing is dampening expectations. Iām sure this makes the 7.2% of the American population that is unemployed quite happy. By the way, when was the last time that the unemployment rated jumped four tenths of a percentage point in one month? I canāt remember, can you?
This recession will end when the cycle has ended. Housing prices will stabilize when the bubble has fully burst. Unemployment will go down when confidence in the economy returns. Whether this happens next year or five years from now is anybodies guess. However, one thing is for sure, throwing another one trillion dollars into the toilet is not the answer. In fact, it could make this recession last much longer and actually turn into a depression. If it isnāt already that is.