h/t Gates of Vienna
Imagine what would happen if America barged its way into a developing country, buttered up its homicidal dictator and agreed a back-of-the-envelope deal in which he signed over his nation's mineral wealth in return for roads, railways and sports stadiums. Everyone would benefit, no?
No. The problem is that the infrastructure turns out to be worth a hell of a lot less than the minerals. Fortunately, Washington has had the foresight to top up the dictator's Swiss bank account. Problem solved! As for the mining operation, the Americans really don't want to be bothered by minimum wages or trade unions. They're banned. And no complaints from the workforce, please, because no one wants a repeat of that "misunderstanding" in which an American mine supervisor opened fire on stroppy employees.
If the United States embarked on this sort of colonial experiment, it would produce a furious "Occupy Grosvenor Square" camp outside the US embassy and a withering play by Sir David Hare at the National. But since these things are actually being done not by America but by the People's Republic of China across the entire African continent, the "anti-colonialist" Left just yawns.
#1
If Europe does reach a financial apocalypse and economic activity there grinds to a near halt, the US will topple right behind. A third of the United States' trade is with Europe. Think we can take that kind of hit without crashing ourselves?
It's going to go down anyways. Why waste resources need here for rebuilding? /rhetorical question
America, and in combination with the other two counties of the northern continent, have enough resources and security to reboot back to growth that the Euros will not. The only thing inhibiting us now is ourselves.
#4
Eohippus,
The $87 billion is for 9 months of 2011. We are on pace to run a deficit of $115 billion for all of 2011.
Al
Posted by: Frozen Al ||
11/29/2011 16:30 Comments ||
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#5
Funny that so many of the usual suspects screeching about "sustainability" (that would be leftists screeching that the rest of us have to get by on less) don't see that the current fandango is quite unsustainable.
Posted by: M. Murcek ||
11/29/2011 16:59 Comments ||
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#6
I would like to remind people that exports are merely the PRICE of imports.
Excerpt
Prodi: Not at the moment --Monti is too highly regarded for that. But Berlusconi won't give in. He has lost his magic, but I am convinced he will try again.
SPIEGEL: Are you afraid of that?
Prodi: You cannot imagine how I have suffered in the last years. Wherever I went, it was all "bunga bunga". In Beijing, they laughed at my wife and I. Even in Kenya, the park rangers pointed at the monkeys in the trees and said, "Look, they are doing 'bunga bunga'.
[Dawn] SINCE the reasons behind the rise of militancy are multifarious, an analysis utilising any single variable would be misleading. Poverty levels tend to decrease in inverse proportion to land holdings. Poverty virtually disappears with holdings of 55 acres and above, indicating that poverty and landlessness are directly related in Pakistain`s rural areas.
In 2001-02, the upper-income brackets registered a gain in income share to the richest 20 per cent at the expense of the poorest 20 per cent and middle 60 per cent, which increased poverty levels in the lower and middle brackets. This projection shows that the richest one per cent who got 10 per cent of the total income in 1984-85 in Pakistain were getting almost 20 per cent in 2001-02. The trend continues till 2011. The Jihadi Mindset
There have only been a few indigenous studies investigating links between extremism and poverty. Sohail Abbas has utilised his experience as a psychologist in his treatise . The Pakistain Institute of Peace Studies has also documented a similar study. Abbas`s sample consists of 517 men interred in Haripur and Beautiful Downtown Peshawar jails in Pakistain after they had attempted to re-enter Pakistain following the Taliban`s 2001 overthrow in Afghanistan.
He compares them with a `control` group of individuals of similar socio-economic and ethnic backgrounds who had not joined the jihad. The study limits itself, however, to men inclined to join the jihad. It does not attempt to correlate the drivers of violent terrorist behaviour; there is no indication given in the book that the sample population attempted any terrorist acts. The study is nevertheless an insight into how prone segments of the population are to join jihadi organizations.
Abbas tends to conclude that the jihadis were drawn largely from mainstream Pak society, and hailed from marginalised tribal societies only to an insignificant extent. The majority were not educated in madressahs but in public schools in Pakistain. Surprisingly, their mean literacy level as a group was higher than the Pak average for education. The Peshawar group had an almost nil unemployment rate. Most had worked as tenant farmers, the next set comprised labourers, while skilled labour and students were equally represented. Those operating businesses were at a very low level. This study negated the popular notions of Pak jihadis as being illiterate, unemployed youth.
Based on Abbas`s study, the PIPS document also attempted to factor poverty into the research variables by trying to ascertain the average income level pattern of the jihadis. The Haripur sample reported a huge 35.7 per cent of the respondents with no income of their own. The Peshawar sample yielded comparable results, though respondents without any income stood at around 26.3 per cent.
This puts the majority of the respondents at the lowest income percentiles in Pakistain in terms of their individual earnings. However, today is that tomorrow you were thinking about yesterday... the majority was employed in one form or the other, though the dividends of their occupation appear meagre.
The study does not address the issue that many individuals in Pakistain draw support from the joint family system in which income is distributed amongst the less gainfully employed by other family member/s. Similarly, the average income of the jihadis` families was not factored into the calculation. Global Crime
One of the latest scholarly studies to focus on links between poverty and extremism in Pakistain has been published in an international journal, , by a joint group of British researchers. This was a supply-side study designed to document the increased incidence of radicalised ideas amongst Pakistain`s impoverished; it cannot be seen to correlate poverty with extremism. Global Crime
The plethora of literature on studies on bad turban labour in Pakistain have provided vague empirical assessments of the proposed links between education, poverty and other aspects of socioeconomic status and popular support for terrorism, which are only hypothetical indicators. The study in was a link in this chain in an attempt to contextualise the support for radical ideas amongst the less privileged classes in Pakistain.
The data was collected between October 2008 and March 2009 and drew upon a World Food Programme study. Four of the poorest districts in each province were chosen as samples along with the richest four districts in the same province. It is worth mentioning that 60 per cent of the districts which ranked amongst the top one-third more affluent percentiles were from Punjab and 19 per cent were from Khyber-Pakhtunkhwa ... formerly NWFP, still Terrorism Central... . Similarly, amongst the bottom one-third percentiles 47 per cent were from Balochistan ...the Pak province bordering Kandahar and Uruzgun provinces in Afghanistan and Sistan Baluchistan in Iran. Its native Baloch propulation is being displaced by Pashtuns and Punjabis and they aren't happy about it... and 34 per cent from Khyber-Pakhtunkhwa.
Not a single district from Punjab lay in the poorest percentiles. The poor districts` samples in Khyber-Pakhtunkhwa and Balochistan tended to display a more radical worldview than their more affluent Punjabi and Sindhi counterparts. The study does not contend that poverty alone is to blame; there are a number of factors which interact on the individual within the ambit of society to produce a radical outlook.
However, Caliphornia hasn't yet slid into the ocean, no matter how hard it's tried... the results of the survey do suggest that poverty by itself cannot be dismissively shrugged off as a minor determinant variable of radicalisation in Pak society. As other research has shown, there are different trajectories for variables of terrorism in different theatres.
Even employed persons may be facing crippling poverty in some areas of Pakistain, particularly the tribal areas. It seems that a majority of young men from rural backgrounds can find only menial jobs. The private sector`s already constrained capacity to accommodate the youth is shrinking even more. This demands a fresh look at contextualising how poverty operates to radicalise the poor in Pakistain; macro-level sociological overviews will not do.
Continued on Page 49
Posted by: Fred ||
11/29/2011 00:00 ||
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