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L i k e U s ! ! !

PLAYING POKER WITH KOREA

One of the meta-reasons America won the Cold War is that Russians play chess, while Americans play poker. 

Chess demands great skill and intelligence, particularly at developing complex long-range strategies and anticipating your opponent's moves.  But it bears little resemblance to life in the real world.  It is completely static and open.  Nothing is hidden.  Poker is very different.  You have to guess what your opponent has and the extent to which he is bluffing.  In business, in politics, in life in general, the folks who know how to play poker will almost always fare better than those who know how to play chess.

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WHO WILL PROTECT US FROM TERRORISM? IT’S THAT SIMPLE

[A review of Hugh Hewitt's book, If It’s Not Close They Can’t Cheat , originally posted on Amazon.]


The results of this year's presidential election boil down to one simple question: does America want to win the war against terrorism? The choice between the two political parties will determine the answer. All other issues are beside the point if we cannot defend ourselves. If America votes Republican, it chooses to keep up the fight and America will win. Should it vote Democrat, America will suffer unspeakable loss of life and liberty because the Democrats won't take the fight to our terrorist enemies.

Given the high stakes involved, everyone who cares about the country's defense should get this book. This reviewer ex-Democrat turned Republican reviewer strongly recommends it. Consider this book the serious voter's guide to the 2004 elections.

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The Commoditization of Oil

When was the last time you thought or worried about the price of aluminum?  How about copper?  Nickel?  Lead?  How about cattle, coffee, or cocoa?  Wheat?  Corn? 

All of this stuff is important in our daily lives and in world commerce.  But unless you are a commodities trader, their prices are not of much concern to you.  One principal reason they are not is that they are plain and simple commodities.  Their prices and markets are not politicized. 

Thus the single greatest impact of America's victory in Iraq will be the commoditization of oil and the end of its politicization. 

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Eco-Imperialism’s Deadly Consequences

The United Nations' global warming bureaucracy is meeting (vacationing?) in Milan this week pondering how to revive the beleaguered international global warming treaty known as the Kyoto Protocol. This week's news that Russia might say "nyet" to the treaty all but seals its doom.

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The Fraud of Selling Fear

If there is one thing that truly infuriates me in the investment business it's the goofy gurus I call French Bears.

The French, you see, are intellectual descendants of the 17th century philosopher René Descartes. Descartes taught his fellow Frenchmen that consciousness somehow creates reality. His most famous quote is cogito ergo sum -- I think, therefore I am. This of course is exactly backwards: it's because Descartes is what he is, a human being with a brain, that he can think at all. The French have been getting things backwards ever since, always putting theory above reality.

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THE SHAPE OF NEW ASIA

Enders Wimbush has been a good friend of mine since he was Director of Radio Liberty under Ronald Reagan in the 1980s. He played a pivotal role in bringing freedom to the subject peoples of the Soviet Union. He possesses one of the sharpest geostrategic minds not just in Washington, but in the world. I encourage you to read his analysis of America’s stakes in Asia carefully. -JW

Asia, more than the Middle East, will compete for the attention of America's next president. It is in Asia that America's most vexing security challenges will likely emerge in the next few decades.

The shape of New Asia will be formed in large part from three powerful interactive forces: America's resolve, or lack of it, to play the key role in creating a new security architecture for Asia; the specter of an unmanageable rising China; and the deterioration of security in the "Crescent of Crisis" stretching from the southern Philippines to the Persian Gulf.

It is ironic that as America's presidential candidates debate how the U.S. can achieve its goals in Iraq and get out, for most Asian strategists the post-Iraq world has already begun.

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The Persian Lynchpin

Let's do what we're supposed to do here, and get right "to the point": The most important country in the world at this moment is Iran.

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GOOD NEWS FROM NEW EUROPE

Back in 1984, if you had bet Bulgaria would in 2004 host a convention of European free market think tanks including many from what were then communist countries, you probably would have been given very good odds.

Yet during the last days of October, a remarkable conference -- the First European Resource Bank -- was held in the pleasant ski resort of Borovets, Bulgaria. This "Resource Bank" essentially was a convention of European free market think tanks. Representatives from organizations in 20 countries came together for mutual support, communication and cooperation.

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Adolf in Malaysia

It is only with the most extreme caution and reluctance that someone making repulsive and racist statements should be labeled a Nazi.  Hitler's crimes were so monstrous that most comparisons to them cheapen and insult their horror.  Yet there are times when such comparisons are justified and Malaysian leader Mohammed Mahathir's now-infamous speech is one of them.

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TAXES, TRUTH, AND CBS

How do you think the sanctimonious people at TV's "60 Minutes" would portray a company charged by the FCC with "serious indecency violations," that made expensive settlements with employees and others because of injuries related to asbestos and other hazardous material exposures, underfunded its employee pension, is legally accused of securities violations, employs those who widely distributed forged documents in an effort to destroy political opponents, failed to dismiss or discipline employees who violated the company code of conduct, owned offshore enterprises that paid little or no U.S. corporate tax, and operated in and/or dealt with countries harboring terrorists?

The company that engaged in all of these practices is Viacom, parent company of CBS, which produces "60 Minutes."

The folks at "60 Minutes" remind me of the preacher who damns the sinners every Sunday, but then is caught in the brothel.

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The Osama-Saddam Surprise

Al Jazeera released another audio tape this week, recorded by someone speaking in Arabic and claiming to be Osama Bin Laden.  As with such tapes in the past, the CIA reports that it is kinda, almost, and pretty sure that it is OBL's real voice so he must still be alive in a cave somewhere.

Well, once again, I'm not buying it.  As I've been saying for almost two years now, I think his remains are pulverized under a mountain of rubble in eastern Afghanistan. 

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THE GOOD NEWS ABOUT IRAQ

This is a letter to his friends from Ray Reynolds, a medic in the Iowa Army National Guard, serving in Iraq. To The Point has determined its authenticity and updated its factual claims, verifying them with USAID and the Pentagon:

As I head off to Baghdad for the final weeks of my stay in Iraq, I wanted to say thanks to all of you who did not believe the media. They have done a very poor job of covering everything that has happened. I am sorry that I have not been able to visit all of you during my two week leave back home.

And just so you can rest at night knowing something is happening in Iraq that is noteworthy, I thought I would pass this on to you. This is the list of things that has happened in Iraq recently:

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THE ULTIMATE SOLUTION

Ordinarily, I suggest that you forward my articles to any friends whom you think would appreciate them — but this is an exception. I’m going to ask you, as a TTP member, to keep this to yourself.

There is talk in certain, shall we say, “corridors of power” here in Washington about an “Ultimate Solution” to the whole Arab-Israel Gordian Knot that is so breathtaking and mind-blowing that I’d just like to keep it between ourselves for now.

Here’s the background and the outline.

We start with how the countries of the Middle East were created out of the shards

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GROWTH vs. ANTI-GROWTH IN NOVEMBER

The Kerry Democrats have in reality proposed the platform most contrary to economic growth and jobs creation in U.S. history. They are betting the news media will be too dumb or willfully blind to notice and the Republicans too incompetent to explain the reality of the Democrats' proposals to the American people.

The Democrats have handed the Republicans a golden opportunity to set forth a true economic growth and jobs creation plan. Unfortunately, it is not at all clear the Bush administration and the Republicans have the skills and bold thinking to take advantage of the opportunity presented.

The Democrats are good at selling falsehoods, and the Republicans are lousy at selling the truth.

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