Posts Tagged ‘North Korea’

Huffing And Puffing

Monday, May 24th, 2010

Over the weekend, the rhetoric ratcheted up, first BP then North Korea!

Alas, it all rings hollow, because there isn’t really very much we can do.

The oil spill in the Gulf should be accompanied by a total ban on offshore drilling, which contributes very little to US oil production and destroys the environment. Instead, the Administration’s already granted 5 waivers for drilling in the period since the President decided a moratorium might be a good thing.

The North Korean sinking of a South Korean ship should result in an effort to destabilize the regime. Alas, the Chinese are the only ones who can really do this, and they’re not interested in having several million North Koreans come over their border.

Gorilla says: “The limits of power start with a recognition of reality, and we’re a long way from there!”

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Firing Loss Leaders

Monday, October 12th, 2009

No sail for 10 days, says North Korea after firing off a few more short-range missiles.

Seems the North is worried about US aircraft carrier deployments and the announcements by the US, Japan and South Korea that they will board ships suspected to have suspicious cargo destined for Pyongyang.

Gorilla thinks: “No sail is already on sale, expect a clearance within the next 6 months!”

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TGIF And Predictions

Friday, August 14th, 2009

This was what mattered this week:

*The great Les Paul died. No one in the last 70 years had a more profound impact on American popular music, as both a performer and innovator. Gorilla will miss him, here’s a little sample of his genius, brought to you by Listerine:

*The health care debate continues going nowhere. We may not be the stupidest nation on earth, but we are giving it the old college try. Gorilla thinks we will get a very minor bill out sometime in September or October.

*The Administration is beginning to talk turkey with Burma and North Korea. Gorilla thinks Iran will not be far behind.

*The foreign policy pragmatism has not yet extended to Afghanistan, but events on the ground, namely the lack of sufficient troops to stabilize the country, let alone go after al-Qaeda, are beginning to dictate the need for an exit strategy. Gorilla still believes we’ll begin to pull out by the end of 2010.

*The economy is nearing the bottom, but there’s very little evidence that growth will return anytime soon. Fundamental problems with bank insolvency and the real estate bust have not been addressed. Gorilla suggests that Goingbackwardville will remain ascendant over Movingforwardville for at least another year.

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Non-Proliferation Banking

Thursday, August 13th, 2009

When it comes to further sanctions against North Korea, we’re supposedly making progress internationally, in particular with regard to banking!!!

The United States has presented suspicions about North Korean financial transactions to governments and to banking authorities.

“When we visited other countries, they’ve been very interested in those advisories. They have sent advisories around to their banks,” said Ambassador Phil Goldberg, the US coordinator for the implementation of UN Security Council resolutions.

“The word is out,” he said.

According to the article, on Tuesday the U.S. Treasury Department slapped sanctions on North Korea’s Korea Kwangson Banking Corp for its role in helping three Pyongyang-linked firms accused of proliferating missiles and weapons of mass destruction.

The bank would face a freeze of any assets in the United States and be banned from doing business with U.S. financial institutions, it said.

Gorilla asks: “Wouldn’t it be better to have our banks working with Kwangson Banking Corp to securitize their assets? This would wipe the North Koreans out and get them back to the negotiating table faster than you can say six party talks!!!”

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TGIF And Predictions

Friday, August 7th, 2009

These were the events that mattered this week:

*Bill Clinton gets 2 imprisoned US journalists out of North Korea, proving yet again that diplomacy can make a difference with difficult countries, certainly in comparison to the previous ideological approach: do nothing at all except rant about the Axis Of Evil and allow Pyongyang to build nuclear weapons. Gorilla thinks this could be a useful model for talking at last with Iran, now that we’ve conveniently got 3 backpackers on the wrong side of their border.

*Afghanistan and Pakistan remain quagmires. Good to kill off the Pakistani Taliban leader (not so good to ignore that Pakistan helped to create and finance the Taliban), but in general these are two failing states and we haven’t got enough resources to do more than contain them. Gorilla still believes we’ll be on the way out of Afghanistan within 18 months.

*Health care reform continues to go nowhere. The Republican organized and funded mob riots of disgruntled, old, white Medicare recipients, convinced the government will either socialize medicine (a la Medicare) or take away Medicare, are beyond ridiculous, but the pig-ignorant fanaticism and racism behind them are deeply disturbing. And so are the efforts at bipartisanship, which have the effect of enriching the status quo medical-industrial complex. Gorilla thinks we’ll see a plan in September, but it won’t be anything like what’s needed.

*The economy may be getting closer to hitting bottom. Unemployment figures for July were good, but let’s see how they look in October. Fundamental problems, like bank insolvency and the housing bust, remain below the surface. Gorilla thinks we’re still at least a year away from meaningful, job-creating growth.

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This Week’s George T. Platter And Bait

Thursday, August 6th, 2009

The tidetime folklorist is pleased to see two journalists freed, but notes alas that Bolton is still wandering around free.

The Platter: Dandy (favorite emissary of the Hermit Kingdom)

The Bait: The Arkansas Popper (knocking the shit out of lurking neocons)

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Will I Go To Tehran, Too?

Tuesday, August 4th, 2009

Bill Clinton’s been drafted in to rescue the two American journalists who were sentenced to 12 years of hard labor in North Korea.

Sending in a former President says to one and all that we will be back to the six party negotiating table soon.

What isn’t clear is why the North Koreans now have any incentive to do anything other than deal bilaterally with the United States, or why we need to waste another 10 years trying to get our partners on side for talks, sanctions, deals, etc.

This won’t go unnoticed in Tehran. My guess is the price of getting out the backpackers will be a high level visit, perhaps from Hillary Clinton, accompanied by her Swiss bankers.

Gorilla says: “Why not dispense with the palaver? Obama was right the first time, you don’t need Monty Hall, the Russians, or the Chinese, you’ve got to talk if you want to make a deal. And he wants to make a deal”.

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Couldn’t Sing, Never Gonna Dance

Thursday, July 2nd, 2009

As we await word tomorrow of a no less surprising attack on Hawaii (apparently they’ve already deployed the TARP there, it only took a phone call!), Gorilla revisits a Bozo song he actually recorded in 2005, less than a year after Garage Band forced his most recent hardware upgrade (still going strong!).

Genetics go a long way to explaining activist judges, regardless of what bi-partisans may say…

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