Managing Your Money for Cash-Strapped Would-Be Presidents

(posted by Jim Henley)

I’m convinced that Megan McArdle, on her old blog, once wrote about her idea to write a book on personal finance for young people like herself, who grew up affluent but chose to go into careers that don’t pay all that well. The entirety of one early chapter, as I recall, was an instruction to “Stand in front of the mirror, and practice saying, ‘I can’t afford it.’ ”

That’s how I feel about Barack Obama’s threatpromise, in his big national-security speech of the other day, to “complet[e] the increase of our ground forces by 65,000 soldiers and 27,000 marines, and investing in the capabilities we need to defeat conventional foes and meet the unconventional challenges of our time.”

Senator. It costs too much money. We have no “conventional foes” to defeat. Our existing military is, once completely withdrawn from Iraq, more than powerful enough to handle any “conventional foe” that might arise. Most of the “unconventional challenges of our time” are not best met with soldiers and marines. Of the ones that are, the existing military is plenty big.

That spend even more money on the military than we do already business, as a mean old man once said, is not change we can believe it.


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10 Responses to “Managing Your Money for Cash-Strapped Would-Be Presidents”

  1. SomeCallMeTim Says:

    I choose to believe that we’re seeing Robot Obama, and that the once and true Obama will return after the election, if the country needs him.

    (I’m going to be pretty surprised if he isn’t a centrist Dem somewhere near Bill Clinton.)

  2. You cannot simultaneously balance the budget and prepare for war « Upturned Earth || John Schwenkler Says:

    [...] the budget and prepare for war July 16, 2008, 10:03 pm Filed under: politics, war Jim Henley notes that Barack Obama’s big national security speech contained the pledge to add over 90,000 [...]

  3. thoreau Says:

    I choose to believe that we’re seeing Robot Obama, and that the once and true Obama will return after the election, if the country needs him.

    That’s a mighty big leap of faith…

  4. Kevin Carson Says:

    When I hear stupid shit like this, I wish I could just reach into the TV and bitch-slap Obama. This idea that there are “threats” out there that we have to “defend” against is exactly what I hate about the Democratic wing of the foreign policy establishment. Every single one of the so-called “threats” we supposedly need a large conventional establishment to fight involves what some country on the other side of the world does within a few hundred miles of its own borders. If we weren’t sporting enough to help them out by going over there to fight them, there wouldn’t be any wars.

    To grasp the sheer exceptionalist arrogance involved in this sort of thing, imagine if China back in the ’80s had started defining as a “threat” America’s actions in Central America. Now we’ve got JCS generals saying, with a straight face, that a Chinese military budget a tiny fraction of ours goes beyond their “legitimate defensive needs. Well, hell, maybe they ought to just start defining as a “threat” any country in the world that refuses to take orders from them or presents a credible ability to resist a Chinese attack; that’s the U.S. gov’s standard for determining its own “legitimate defensive needs.” And it’s sickening that these so-called “soft on defense” liberals are too fucking stupid to even question all the assumptions underlying this ass-brained view of the world.

    People used to joke about nuclear overkill in terms of the ability to make the rubble bounce higher. We’ve already got a military budget larger than those of all the rest of the world combined. Are we going to start defining “enough” in terms of increased *multiples* of the rest of the world’s military capability?

  5. Dain Says:

    So what do you all think: Is the American Empire “right wing” or “left wing”? And saying that all empires are right wing is too easy.

  6. Kevin Carson Says:

    Can’t speak for anybody else, but I’m of the opinion that the Empire is of the managerialist center. And to paraphrase Matthew Arnold, there’s some good in both the far left (i.e., the worker self-management and alternative economics type) and the far right (the homeschoolers and gun nuts), but the stuffed suits on the center (people like David Gergen and Paul Begala) are utterly bankrupt.

  7. strasmangelo jones Says:

    I choose to believe that we’re seeing Robot Obama, and that the once and true Obama will return after the election, if the country needs him.

    The notion that this good, anti-militarist Obama will “return” implies that he used to exist. Tell me when this was, exactly? Obama has been insisting for at least a year that he wants to expand the military by something like a hundred thousand troops and dramatically increase the U.S. presence in Afghanistan. These aren’t new points for him; they’ve always been there. The anti-war Obama was always a figment of the Democratic imagination.

    (I’m going to be pretty surprised if he isn’t a centrist Dem somewhere near Bill Clinton.)

    And this is a source of comfort how? Clinton started military interventions in Haiti and Kosovo, massively escalated the American military operation against Iraq, and carried out a number of other “police actions” (like the bombing of the al-Shifa pharmaceutical factory in Sudan) during his time in office - and all that during a period of “peacetime.” How many wars do you expect a similarly “centrist” Obama to undertake in the name of fighting the Global War on Terror?

  8. Kevin Carson Says:

    During the whole primary campaign, centrist Obama was refusing to take “options” off that proverbial “table” in dealing with the Iranian “threat.” And last time around, centrist Kerry was calling Iraq a distraction from the Iranian “threat.” Kerry also accused Bush of being “soft” on Hugo Chavez.

    As Matt Yglesias recently made all too clear, the liberal-center wing of the foreign policy establishment shares a majority of its operating assumptions with the right wing of the foreign policy establishment.

    I used to hear a song called “Star Trekkin’” on the Dr. Demento show. One of the verses was “We come in peace–shoot to kill, shoot to kill, shoot to kill…” That was the perfect summation not only of the archtypical Kennedy liberal, Captain Kirk, but of the “liberal” foreign policy establishment today.

  9. Keith Preston Says:

    Dain: “So what do you all think: Is the American Empire “right wing” or “left wing”? And saying that all empires are right wing is too easy.”

    I’d agree with Kevin that the managerial state is the institutional expression of the Empire, though in terms of ideological superstructure I’d be more inclined to consider the US empire to be moving towards a mixture of cultural leftism and fascism. I wrote about that in this article on Rudy Giuliani:

    http://attackthesystem.com/the-significance-of-rudy-giuliani/

    The norm for quite some time, indeed for perhaps most of American history, has been that the US consistently moves leftward culturally but becomes more imperialist, militarist, statist, and corporatist (i.e., fascist) politically.

    The first generation of Americans expelled the monarchy and the Church but set up an even more centralist, mercantilist state in the former colonies. Lincoln abolished slavery but consolidated a nationalist state-capitalist regime. The Progressive/Wilson era saw female suffrage and other expansions of “democracy” combined with greater militarism (WWI and all that), Palmer Raids and Prohibition. The New Deal/WW2 period saw the institutionalization labor unions into the mainstream but the growth of the corporate state and the military-industrial complex.
    Since the 60s and 70s we’ve seen the expansion of “cultural liberation” and “civil rights” in countless ways, but the degeneration of the US politically into even greater militarism and domestic statism.

    I suppose the end result of all this will be a Mussolini-like right-wing political totalitarianism with a Cabinet, Senate and Supreme Court composed of “butch” women, transexuals, vegetarians , a rainbow of ethnic colors and eco-freaks.

    Welcome to Brave New World.

  10. Avram Says:

    Given that we are, as Kevin pointed out, spending more on our military than the entire rest of the world combined, you’d think that we’d be able to fight the rest of the world combined, right?

    Yet we’re having trouble with just Iraq and Afghanistan, which are hardly powerful first-world nations.

    Doesn’t this mean we’re getting a terrible return on our investment?

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