Archive for the ‘France’ Category

U.S. FINANCING CHINA’S WORLD DOMINATION PLANS

Friday, November 15th, 2019

 

This is an article you have to read as there is so much new information in it regarding China and how our financial markets are being used to finance China’s expansion of their technological and military advances.  Nancy
IMPRIMIS – HILLSDALE COLLEGE

Why and How the U.S. Should Stop Financing China’s Bad Actors

October 2019  • Volume 48, Number 10 • Roger W. Robinson, Jr.

Roger W. Robinson, Jr.
Chairman, Prague Security Studies Institute

Roger W. Robinson, Jr. is president and CEO of RWR Advisory Group and co-founder and chairman of the Prague Security Studies Institute. He earned a B.A. from Duke University and an M.A. from George Washington University. He served as senior director of international economic affairs on President Reagan’s National Security Council, where he was the principal architect of the secret economic and financial strategy that proved decisive to the defeat of the Soviet Union. He later served as chairman of the Congressional U.S.-China Economic and Security Review Commission. Prior to his government service, he was a vice president in the international department of the Chase Manhattan Bank.

The following is adapted from a speech delivered at Hillsdale College on September 9, 2019, during a conference on the topic, “Understanding China.”

In the early 1980s, I served on President Reagan’s National Security Council. Prior to my time at the White House, I was a vice president at Chase Manhattan Bank, in charge of its USSR and Eastern Europe division. It was my job to assess the creditworthiness of the countries in that part of the world, and I had come to realize that the Soviet Union had relatively modest hard currency income—and that what little it had came largely from the West.

In 1982, the Soviets had an empire stretching from Havana to Hanoi, but their hard currency revenue totaled only about $32 billion a year—roughly one-third the annual revenue of General Motors at the time. They were spending about $16 billion more annually than they were making, with the funding gap—the USSR’s life support—being financed by Western governments and banks.

President Reagan had long believed that the Soviet Union was economically vulnerable, because he knew it lacked the entrepreneurship, technological dynamism, and freedoms that are the prerequisites of a strong modern economy. And when he learned that we in the West were financing its brutal regime, he committed to slowing, and ultimately terminating, that flow of discretionary cash.

Our European allies had a completely different approach. Their belief in Ostpolitik, as the Germans called it, presupposed that commercial bridge-building would lead to geopolitical cooperation. If the West would offer financing and trade with the Soviets, peace and prosperity would result. Meanwhile, the Soviets were using the proceeds of Western loans, hard currency revenue streams, and technological support to build up their military, expand their empire, and engage in anti-Western activities.

The Reagan administration drew the line on a project called the Siberian Gas Pipeline, a 3,600-mile twin-strand pipeline that stretched from Siberia into the Western European gas grid. If completed, not only would it become the centerpiece of the Soviets’ hard currency earnings structure, but Western Europe would become dependent on the USSR for over 70 percent of its natural gas, weakening Western Europe’s ties to the U.S. and leaving the continent open to Kremlin extortion. Moreover, the pipeline was being financed on taxpayer-subsidized terms, since France and Germany viewed the USSR as a less developed country worthy of below-market interest rates.

The U.S. at the time had a monopoly on oil and gas technology that could drill through permafrost—which we had developed for Alaska’s North Slopeand we imposed oil and gas equipment sanctions on the USSR and European companies that were helping to build the Siberian pipeline. At one point, despite the strain it placed on relations with our NATO allies, we closed the U.S. market entirely to companies that continued to supply the pipeline project over our objections. Four of the six affected companies went under within six months, and Europeans woke up to the fact that they could do business with us or the Soviets, but not both.

As a result of these efforts we capped Soviet gas deliveries to Western Europe at 30 percent of total supplies, delayed the first strand of the pipeline by years and killed the second strand, and eventually helped dry up the bulk of Western credits to the USSR. In a secret deal, we also persuaded the Saudis to pump an additional two million barrels of oil per day and decontrolled prices at the wellhead in this country, knocking oil prices down to about $10 a barrel—significant because for every dollar decrease in the price of a barrel, the Soviets lost some 500 million to one billion dollars. In short, the Soviet Union never recovered from these economic and financial blows. It defaulted on some $96 billion in Western hard currency debt shortly before the total collapse of the Soviet empire.

The story with China today has certain similarities, but with one big difference: the U.S. has been playing the role of the naïve Europeans. Since adopting the Kissinger policy of engaging with China in the 1970s, our government has operated on the assumption that economic and financial relations with China would lead Beijing to liberalize politically. And since 2001, when we backed China’s entry into the World Trade Organization, the pace at which we have given China access to our best technology and capital and trade markets has accelerated. Yet China has shown no signs of embracing individual freedoms or the rule of law.

Instead, with our support, the Chinese have launched a massive campaign to become the world’s leading superpower. We know about the “Belt and Road Initiative,” a strategic undertaking to place huge segments of the world under China’s influence or outright control. We know about “Made in China 2025,” a strategy designed to dominate key technology sectors—from artificial intelligence and quantum computing to hypersonic missiles and 5G. We know about China’s practice of forced technology transfers: requiring American companies to share their trade secrets and R&D in order to do business in China. We know about China’s predatory trade practices. We know many of these things only because President Trump has brought them to the forefront of national attention, for which he deserves credit. And the ongoing tariff war is a good thing in the sense that we’ve finally begun to take a stand.

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TURKEY FLOODING EUROPE WITH MIGRANTS

Thursday, October 10th, 2019

 

GATESTONE INSTITUTE

Turkey Flooding Europe with Migrants

by Soeren Kern  

Soeren Kern is a Senior Fellow at the New York-based Gatestone Institute.
October 10, 2019 

  • The Greek government has said that Turkish President Recep Tayyip Erdoğan personally controls the migration flows to Greece and turns them on and off to extract more money and other political concessions from the European Union. In recent months, the Turkish government has repeatedly threatened to open the floodgates of mass migration to Greece, and, by extension, to the rest of Europe.
  • “If they [the European Union] do not give us the necessary support in this struggle, then we will not be able to stop the 3.5 million refugees from Syria and another two million people who will reach our borders from Idlib.” — Turkish President Recep Tayyip Erdoğan.
  • “If we open the floodgates, no European government will be able to survive for more than six months. We advise them not to try our patience.” — Turkish Interior Minister Süleyman Soylu.
  • More than six million migrants are believed to be waiting in countries around the Mediterranean to cross into Europe, according to a classified German government report leaked to the newspaper Bild…More than three million others are waiting in Turkey.

 

Turkish President Recep Tayyip Erdoğan and other members of his government have repeatedly threatened to flood Europe with migrants. On September 5, Erdoğan said that Turkey plans to repatriate one million Syrian migrants to a “safe zone” in northern Syria and threatened to reopen the route for migrants into Europe if he does not receive adequate international support for the plan: “This either happens or otherwise we will have to open the gates.” Pictured: Erdoğan speaks at the UN on September 24, 2019. (Photo by Stephanie Keith/Getty Images)

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BRITISH NAVY – TRUMP TO THE RESCUE !

Saturday, August 17th, 2019

 

THE WALL STREET JOURNAL

Uncle Trump to the Naval Rescue

Europe claims it can’t rely on the U.S., but look who’s protecting ships.

By the Editorial Board   August 9, 2019
Well, well, look who’s coming to the rescue of the British and shipping in the Middle East. None other than the Trump Administration that is supposed to be an unreliable ally. The Brits now say they’re joining a U.S.-led coalition to protect merchant shipping after they failed to get help from the rest of Europe.

The Royal Navy will join the effort organized by the U.S. Central Command after Iran seized a third ship this week. On July 19 the HMS Montrose frigate was patrolling near the Strait of Hormuz but was too far away to stop Iranian forces from taking a British-flagged tanker and crew that Tehran still hasn’t released.

Britain needs help because nearly half of its frigates and destroyers are undergoing major repairs or upgrades. The Royal Navy has around 80 ships, down from more than 130 during the 1982 Falklands War. The country is without a deployable aircraft carrier, though it has plans for two. London spent more than 2% of gross domestic product on defense in 2018, fulfilling its NATO requirement. But former Defence Minister Tobias Ellwood admitted after the tanker seizure that “our Royal Navy is too small to manage our interests across the globe.”

Germany refused to help, perhaps because it doesn’t want to offend Iran and might lose a naval engagement. While the Deutsche Marine has helped fight piracy in East Africa, it struggles to meet basic NATO commitments. At one point in 2018 its entire U-Boat fleet—six submarines—was stuck in dry dock. The surface fleet has held up better, though it’s aging fast.

Berlin spent only 1.2% of GDP on defense in 2018. Chancellor Angela Merkel ’s heir apparent, Defense Minister Annegret Kramp-Karrenbauer, called for Germany to meet its 2% commitment during her recent swearing-in ceremony. Her fellow lawmakers responded with boos.

The French would have had a limited benefit to a patrol mission, perhaps because La Royale has only a single aircraft carrier after cancelling plans for a second years ago.

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FRANCE SLOWLY SINKING INTO CHAOS

Saturday, August 3rd, 2019

 

France Slowly Sinking into Chaos

by Guy Millière

Dr. Guy Millière, a professor at the University of Paris, is the author of 27 books on France and Europe.
August 3, 2019 

EXCERPT FROM THIS ARTICLE: 

Macron knows that the partition of France already exists. Most Arabs and Africans livein no-go zonesapart from the rest of the population, where they accept the presence of non-Arabs and non-Africans less and less. They do not define themselves as French, except when they say that France will belong to them. Reports show that most seem filled with a deep rejection of France and Western civilization. An increasing number seem to place their religion above their citizenship; many seem radicalized and ready to fight.

Macron seems not to want to fight. Instead, he has chosen to appease them. He is single-mindedly pursuing his plans to institutionalize Islam in France. Three months ago, the Muslim Association for Islam of France (AMIF) was created. One branch will handle the cultural expansion of Islam and take charge of “the fight against anti-Muslim racism”. Another branch will be responsible for programs that train imams and build mosques. This autumn, a “Council of Imams of France” will be established. The main leaders of the AMIF are (or were until recently) members of the Muslim Brotherhood, a movement designated as a terrorist organization in Egypt, Bahrain, Syria, Russia, Saudi Arabia and the United Arab Emirates — but not in France.

  • President Macron never says he is sorry for those who have lost an eye or a hand… from extreme police brutality. Instead, he asked the French parliament to pass a law that almost completely abolishes the right to protest and the presumption of innocence, and that allows the arrest of anyone, anywhere, even without cause. The law was passed.
  • In June, the French parliament passed another law, severely punishing anyone who says or writes something that might contain “hate speech”. The law is so vague that an American legal scholar, Jonathan Turley, felt compelled to react. “France”, he wrote, “has now become one of the biggest international threats to freedom of speech”.
  • The main concern of Macron and the French government seems not to be the risk of riots, the public’s discontent, the disappearance of Christianity, the disastrous economic situation, or Islamization and its consequences. Instead, it is climate change.
  • “The West no longer knows what it is, because it does not know and does not want to know what shaped it, what constituted it, what it was and what it is. (…) This self-asphyxiation leads naturally to a decadence that opens the way to new barbaric civilizations.” — Cardinal Robert Sarah, in Le soir approche et déjà le jour baisse (“The Evening Comes, and already the Light Darkens”).

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VIDEO – ELITES VERSUS MIDDLE AMERICA

Sunday, July 28th, 2019

 

One of the most hopeful and inspiring speeches I’ve ever heard. I guarantee you won’t regret the 20 minutes it takes.

Senator Hawley’s keynote at the National Conservatism Conference

10,899 views

Published on Jul 17, 2019

This week Senator Josh Hawley (R-Mo.) delivered a speech at the National Conservatism Conference where he discussed the state of American politics today. Senator Hawley also addressed the growing divide between cosmopolitan elites and the rest of America and the need for policies geared toward the great American middle.

 

 

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A MUST READ – VICTOR DAVIS HANSON – WHY ARE THE WESTERN MIDDLE CLASSES SO ANGRY ?

Saturday, June 22nd, 2019

 

REAL CLEAR POLITICS
WHY ARE THE WESTERN MIDDLE CLASSES SO ANGRY ?
By Victor Davis Hanson     June 13, 2019

What is going on with the unending Brexit drama, the aftershocks of Donald Trump’s election and the “yellow vests” protests in France? What drives the growing estrangement of southern and eastern Europe from the European Union establishment? What fuels the anti-EU themes of recent European elections and the stunning recent Australian re-election of conservatives?

Put simply, the middle classes are revolting against Western managerial elites. The latter group includes professional politicians, entrenched bureaucrats, condescending academics, corporate phonies and propagandistic journalists.

What are the popular gripes against them?

One, illegal immigration and open borders have led to chaos. Lax immigration policies have taxed social services and fueled multicultural identity politics, often to the benefit of boutique leftist political agendas.

Two, globalization enriched the cosmopolitan elites who found worldwide markets for their various services. New global markets and commerce meant Western nations outsourced, offshored and ignored their own industries and manufacturing (or anything dependent on muscular labor that could be replaced by cheaper workers abroad).

Three, unelected bureaucrats multiplied and vastly increased their power over private citizens. The targeted middle classes lacked the resources to fight back against the royal armies of tenured regulators, planners, auditors, inspectors and adjustors who could not be fired and were never accountable.

Four, the new global media reached billions and indoctrinated rather than reported.

Five, academia became politicized as a shrill agent of cultural transformation rather than focusing on education — while charging more for less learning.

Six, utopian social planning increased housing, energy and transportation costs.

One common gripe framed all these diverse issues: The wealthy had the means and influence not to be bothered by higher taxes and fees or to avoid them altogether. Not so much the middle classes, who lacked the clout of the virtue-signaling rich and the romance of the distant poor.

In other words, elites never suffered the firsthand consequences of their own ideological fiats.

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VIDEO – PRESIDENT TRUMP’S SPEECH – D-DAY 75TH ANNIVERSARY – NORMANDY, FRANCE

Thursday, June 13th, 2019

 

 

VIDEO

Trump’s speech at 75th D-Day anniversary in Normandy | Full remarks

You are the greatest among us that will ever live, you are the pride of our nation, you are the glory of our republic and we thank you from the bottom of our hearts, says President Trump thanking WWII veterans.
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“FRANCE DOES NOT BELONG TO THE FRENCH” ILLEGAL IMMIGRANTS STORM FRENCH AIRPORT

Tuesday, May 21st, 2019

 

This article highlights the  arrogance and sense of entitlement of today’s  migrants (illegals)  throughout the world.  Nancy

Monday, 20 May 2019

“France Does Not Belong to the French”: Illegal Immigrants Storm French Airport

EXCERPT FROM THIS ARTICLE: 

Le Pen nailed it precisely. These immigration protesters and the left-wing politicians who abet them care nothing for the countries they invade. They don’t wish to learn the language, be a part of the community, or assimilate to the culture in any way. They only want a safe space to practice their own culture as they see fit and collect as many government benefits as they can along the way.

These migration mobs — wherever they may be — are not simply poor, undernourished people looking for relief and asylum. They are encouraged to migrate by a globalist cabal, led by the United Nations, looking to create a borderless world led by a socialist one-world government. In the eyes of these people, France truly does not belong to the French, nor China to the Chinese, and certainly not America to Americans.

Written by  James Murphy

“France Does Not Belong to the French”: Illegal Immigrants Storm French Airport

A group of approximately 500 illegal immigrants from Africa stormed Charles de Gaulle Airport in Paris on Sunday. The mob occupied an entire terminal and didn’t allow people to board their flights, while demanding a meeting with Prime Minister Edouard Phillipe in order to discuss France’s asylum policy. The mob was also demanding immediate legal status in order to stay in France.

Calling themselves Gilets Noir or Black Vests, an obvious reference to the Yellow Vest protests that first sprang up in France in November of last year, the new protesters were organized by a group known as the Standing Chapel. The group is demanding immigration documents, housing, freedom of movement, and settlement for all.

“France does not belong to the French! Everyone has a right to be here,” one protester shouted into a loudspeaker.

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VIDEO – WHY TRUMP WON PRAGER U

Wednesday, January 30th, 2019

 

VIDEO –  WHY TRUMP WON     PRAGER U
Were you shocked at the results of the 2016 American presidential election? Most people were, but Stephen Harper was not one of them. Here, the former Prime Minister of Canada explains the trends that foreshadowed Trump’s victory and left many political elites looking wildly out of touch.
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TRUMP MAY BE THE TRUE LIBERAL

Monday, January 21st, 2019

 

THE WALL STREET JOURNAL

Trump May Be the True Liberal

Today’s progressives have embraced illiberalism, from speech codes to identity politics.

Dec. 31, 2018

President Trump’s support for criminal-justice reform surprised many on the left who pigeonholed him as an illiberal populist. Had they paid closer attention to Mr. Trump’s message, however, they’d have recognized that much of it is squarely within the American liberal tradition. With more self-awareness they’d have seen that their own abandonment of liberalism explains much of Mr. Trump’s support.

The First Step Act, which Mr. Trump signed last month, reduces the three-strikes penalty for drug felonies and retroactively limits the sentencing disparities for crack cocaine that disproportionately burdened African-Americans. That will reduce prison terms for about 2,000 current federal inmates.

Contrary to the depiction of Mr. Trump as racist, the act is wholly consistent with the way he campaigned in 2016. He invited minorities to vote for him because Democrats had left them behind: “What have you got to lose?” His pride in lower minority unemployment is obviously heartfelt.

In his economic policies too, Mr. Trump was anything but a flint-eyed conservative. He made it clear he wasn’t about to gut the welfare system. He wanted trade deals that would generally benefit Americans, and a border wall to preserve American jobs. In all this, he’s occupied the sweet spot in American politics, combining social conservatism with middle-of-the-road economic policies.

The media hasn’t paid much attention. Instead, it’s fixated on Steve Bannon and right-wing populism. Mr. Bannon makes common cause with European rightists and the brutish Yellow Vest protesters who destroyed a portion of François Rude’s “La Marseillaise” at Paris’s Arc de Triomphe. The Bannonites seem to have forgotten Edmund Burke’s lesson that while the English and Americans do revolutions well, the same can’t be said of the French.

U.S. conservatives aren’t like the European right, and there’s a reason. Constitutional liberties are the center of American nationhood and identity. If Americans (including Mr. Trump) have sometimes been illiberal, in time that’s been seen as un-American. The French National Front, Hungarian Prime Minister Viktor Orban—all that poses Molière’s question: What the devil have we to do with that mess?

If Mr. Trump’s tweets have been illiberal, so are the left’s policies. The identity politics that judges people by the color of their skin, the speech codes that silence conservatives on campus, the punishments meted out to religious believers who follow their convictions, the group rights that trample on individual rights—these are the causes that define today’s progressives. They’re antithetical to American liberalism.

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