Monday, December 6, 2010

Suddenly, someone at the New York Times talks sense....

now  if only they could use their common sense and buy Oil only from Canada instead of the Middle East. Is that too difficult for you Americans to understand ?  We, your neighbour Canada, we have all the oil that your heart desires, and yet you let manipulators in your midst to make you buy from those countries that want to see your demise.  Wake up and cast your eyes northwards, see and buy our oil and tell those countries that would wish you harm to go to hell .... oh wait, that's where they are located  anyway.

....When we import $28 billion a month in oil, we can’t say to the Saudis: “We know the guys who would come after you would be much worse, but why do we have to choose between your misrule and corruption and their brutality and intolerance?” We’re just stuck supporting a regime that, sure, fights Al Qaeda at home, but uses our money to fund a religious ideology, schools, mosques and books that ensure that Al Qaeda will always have a rich pool of recruits in Saudi Arabia and abroad. We also lack leverage with the Chinese on North Korea, or with regard to the value of China’s currency, because we’re addicted to their credit.

Geopolitics is all about leverage. We cannot make ourselves safer abroad unless we change our behavior at home. But our politics never connects the two.

Think how different our conversations with Saudi Arabia would be if we were in the process of converting to electric cars powered by nuclear, wind, domestic natural gas and solar power? We could tell them that if we detect one more dollar of Saudi money going to the Taliban then they can protect themselves from Iran.

Think how different our conversations with China would be if we had had a different savings rate the past 30 years and China was not holding $900 billion in U.S. Treasury securities — but was still dependent on the U.S. economy and technology. We would not be begging them to revalue their currency, and maybe our request that China prevent North Korea from shipping ballistic missile parts to Iran via Beijing airport (also in the cables) wouldn’t be rebuffed so brusquely. .....

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