No sooner did US President Barack Obama leave New Delhi with many warm hugs from India’s newly elected Prime Minister Narendra Modi, but with essentially empty hands, than China opened the door in an uncharacteristic manner. It signals China’s desire to strengthen cooperation with her traditional foe during the Cold War, India. The geopolitical implications, following only weeks after Putin’s high-level talks with Modi in India further strengthen the idea that a new geopolitical center of gravity binding Russia with China and now India, is solidifying across the vast Eurasian expanse. That is the one event Washington and their neo-conservative hawks like Susan Rice and Ashton Carter are apoplectic about.A China, India, Iran, Russia economic and strategic axis would spell the end of Atlanticist dominance. Obviously, this is the West's worst nightmare. It is now developing in reaction to — Western dominance — as the historical dialectic would predict. And in case anyone missed it, this has strong racial overtones.
New Eastern Outlook
Now China Blows Kisses to India
F. William Engdahl
Tom, OT
ReplyDeleteWhat is the link for that the 1940 quote in a memo that a lawyer or federal employee left about FDR saying that no one could kill Social Security.
I can't remember the name of the guy. It begins with "L."
Luther Gulick
ReplyDeletehttp://www.ssa.gov/history/Gulick.html
Roger beat me to it. Here is the relevant para.
ReplyDeleteIn the course of this discussion I raised the question of the ultimate abandonment the pay roll taxes in connection with old age security and unemployment relief in the event of another period of depression. I suggested that it had been a mistake to levy these taxes in the 1930’s when the social security program was originally adopted. FDR said, “I guess you’re right on the economics. They are politics all the way through. We put those pay roll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no damn politician can ever scrap my social security program. Those taxes aren’t a matter of economics, they’re straight politics.”
FDR, who was pretty conservative himself, thought it useful to add this qualification, too.
FDR also mentioned the psychological effect of contributions in destroying the “relief attitude.”
Ongoing crime of the century.
ReplyDeleteIf people understood this bitter cheating of the working class, they'd be in the streets with pitchforks.
4 generations now, just to keep 'em down
you, your parents, your grandparents, and your great-grandparents
cheated like sharecroppers
@#$%^&*!
Seen any upfront taxes on any form of Corporate Welfare?
Or on any other expression of fiscal policy?