Monday, January 21, 2008

Wow, an insightful observation from Pat Buchanan

An interesting commentary on ending the war in Iraq (and the possibility that it ain't happening anytime soon) from Salon writer Glenn Greenwald. This quote from Pat Buchanan leapt off the page for me:

To stave off recession, the Fed appears anxious to slash interest rates another half-point, if not more. That will further weaken the dollar and raise the costs of the imports to which we have become addicted. While all this is bad news for the Republicans, it is worse news for the republic. As we save nothing, we must borrow both to pay for the imported oil and foreign manufactures upon which we have become dependent.

We are thus in the position of having to borrow from Europe to defend Europe, of having to borrow from China and Japan to defend Chinese and Japanese access to Gulf oil, and of having to borrow from Arab emirs, sultans and monarchs to make Iraq safe for democracy. We borrow from the nations we defend so that we may continue to defend them. To question this is an unpardonable heresy called "isolationism."

Thanks, Andrew Sullivan.

Labels: , , ,

0 Comments:

Post a Comment

<< Home