Skip to comments.To Save Our Economy, Ditch Taiwan (NYT op-ed)
Posted on 11/11/2011 7:48:23 PM PST by reaganaut1
WITH a single bold act, President Obama could correct the countrys course, help assure his re-election, and preserve our childrens future.
He needs to redefine Americas mindset about national security away from the old defense mentality that American power derives predominantly from our military might, rather than from the strength, agility and competitiveness of our economy. He should make it clear that today American jobs and wealth matter more than military prowess.
As Adm. Mike Mullen, then chairman of the Joint Chiefs of Staff, declared last year, The most significant threat to our national security is our debt.
There are dozens of initiatives President Obama could undertake to strengthen our economic security. Here is one: He should enter into closed-door negotiations with Chinese leaders to write off the $1.14 trillion of American debt currently held by China in exchange for a deal to end American military assistance and arms sales to Taiwan and terminate the current United States-Taiwan defense arrangement by 2015.
This would be a most precious prize to the cautious men in Beijing, one they would give dearly to achieve. After all, our relationship with Taiwan, as revised in 1979, is a vestige of the cold war.
Today, America has little strategic interest in Taiwan, which is gradually integrating with China economically by investing in and forming joint ventures with mainland Chinese firms. The islands absorption into mainland China is inevitable.
But the status quo is dangerous; if Taiwanese nationalist politicians decided to declare independence or if Beijings hawks tired of waiting for integration and moved to take Taiwan by force, America could suddenly be drawn into a multitrillion-dollar war.
There will be China hawks who denounce any deal on Taiwan as American capitulation, but their fear of a Red China menacing Asia is anachronistic.
(Excerpt) Read more at nytimes.com ...
Let’s sacrifice millions of people in a deal with the evil empire. Wow.
Liberals want us to sell out Taiwan so the ChiComs will forgive our debt. They’re bottom feeding scum.
dunham to unionize the military...
This proposal had to have come from an Ivy Leaguer, and it did.
This idiot has about as much cred as the Pulitzer winning Walter Durante who told us the Soviets never imprisoned anybody for political crimes. And the slugs and invertebrates of Manhattan believed him.
Oh well, life in the stagnant coastal backwater of NYawk.
The author’s friends should be nervous since the author is likely to screw his friends to save his own hide.
I like my proposal much better: Send China an invoice for $1 trillion plus for three decades of patent violations, copyright violations, reverse engineering, product counterfeiting, product copying, industrial and military espionage, and other similar cheating and stealing.
Start calling this corrupt, criminal nation what it is.
Translation: We can enhance our economic well-being by simply selling out our core principles.
For those who have very little concept of honor (and certainly no thought that the US might be imbued with any such thing), such a sellout would probably not be especially difficult...
“Take my little girl.” Sophie
The New York Times is truly ignoble, rapacious and, well, a pickled version of a newspaper.
Am not a fan of our defense pact with Taiwan but damn! This is one of the ugliest proposals that have been published regarding the debt crisis.
This man is a fool.
What rock did this guy crawl out from under.
Obama is already making himself famous as a betrayer of allies. Why the hell would anyone want to be our ally with a traitor like that in the White House? By the time he is through, we won’t have a friend left anywhere in the world, nor a military to defend ourselves with.
It is hard to see how this can be anything but deliberate. And of course the America-hating NY Times wants to encourage it.
To save our economy, ditch SOCIALISM.
That would include public schools, student loans by the government, Fannie and Freddie, SS and all those departments that are NOT enumerated in the Constitution, INCLUDING the FED.
That would fix a lot of this economy.
At the rate we are borrowing money and spending it, China can get her way by using debt forgiveness as a weapon. Read some of the commentary from Chinese think tanks (which mirrors official viewpoints). They even did a White Paper (that was translated into English by the CIA) shortly after the Iraq War, which China projected starting in 2013 US deficit spending will impact US ability to finance military power. They did not even factor the Wall Street meltdown in its calculations. China is the first to observe the unsustainable deficit spending of the American people since the late 1990’s. Why do you think they opted for a huge national surplus? Rainy day fund?? Sort of, but more like using the pile of money to achieve strategic goals.
Read how Scotland became part of Britain after her financial fiasco in trying to create a passage from Caribbean to Pacific via Panama. Over 2/3 of Scotland’s wealth was invested in the venture which failed. Britain simply stepped in to cover the losses provided Scotland becomes part of Britain or else face the consequences of a national financial collapse. If China can forgive 1.1 trillion in debt or face national financial meltdown, giving up Taiwan may be the US only choice.
Adm. Mike Mullen has since retired.
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