• 306 days Will The ECB Continue To Hike Rates?
  • 306 days Forbes: Aramco Remains Largest Company In The Middle East
  • 308 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 708 days Could Crypto Overtake Traditional Investment?
  • 713 days Americans Still Quitting Jobs At Record Pace
  • 715 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 718 days Is The Dollar Too Strong?
  • 718 days Big Tech Disappoints Investors on Earnings Calls
  • 719 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 721 days China Is Quietly Trying To Distance Itself From Russia
  • 721 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 725 days Crypto Investors Won Big In 2021
  • 725 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 726 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 728 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 729 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 732 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 733 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 733 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 735 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

Paris and What Should Be Done

The horrific attacks in Paris on Friday have, predictably, led to much over-reaction and demands that we do more of the exact things that radicalize people and make them want to attack us. The French military wasted no time bombing Syria in retaliation for the attacks, though it is not known where exactly the attackers were from. Thousands of ISIS fighters in Syria are not Syrian, but came to Syria to overthrow the Assad government from a number of foreign countries -- including from France and the US.

Ironically, the overthrow of Assad has also been the goal of both the US and France since at least 2011.

Because the US and its allies are essentially on the same side as ISIS and other groups - seeking the overthrow of Assad - many of the weapons they have sent to the more "moderate" factions also seeking Assad's ouster have ended up in the hands of radicals. Moderate groups have joined more radical factions over and over, taking their US-provided training and weapons with them. Other moderate groups have been captured or killed, their US-provided weapons also going to the radicals. Thus the more radical factions have become better equipped and better trained, while occasionally being attacked by US or allied planes.

Does anyone not believe this is a recipe for the kind of disaster we have now seen in Paris? The French in particular have been very active in arming even the more radical groups in Syria, as they push for more political influence in the region. Why do they still refuse to believe in the concept of blowback? Is it because the explanation that, "they hate us because we are free," makes it easier to escalate abroad and crack down at home?

It may not be popular to say this as emotions run high and calls ring out for more bombing in the Middle East, but there is another way to address the problem. There is an alternative to using more military intervention to address a problem that was caused by military intervention in the first place.

That solution is to reject the militarists and isolationists. It is to finally reject the policy of using "regime change" to further perceived US and western foreign policy goals, whether in Iraq, Libya, Syria, or elsewhere. It is to reject the foolish idea that we can ship hundreds of millions of dollars worth of weapons to "moderates" in the Middle East and expect none of them to fall into the hands of radicals.

More bombs will not solve the problems in the Middle East. But a more promising approach to the Middle East is currently under fire from the isolationists in Washington. The nuclear deal with Iran ends UN sanctions and opens that country to international trade. Just last week the presidents of France and Iran met to discuss a number of trade deals. Other countries have followed. Trade and respect for national sovereignty trumps violence, but Washington still doesn't seem to get it. Most presidential candidates compete to thump the table loudest against any deal with Iran. They will use this attack to propagandize against approving trade with Iran even though Iran has condemned the attack and is also in the crosshairs of ISIS.

Here is the alternative: Focus on trade and friendly relations, stop shipping weapons, abandon "regime change" and other manipulations, respect national sovereignty, and maintain a strong defense at home including protecting the borders from those who may seek to do us harm.

We should abandon the failed policies of the past, before it's too late.

 

Back to homepage

Leave a comment

Leave a comment