Funny they scrubbed the thing shortly thereafter.

As for China and Condi, she’s part of the Kissinger/Scoop Jackson/Chicago School holdovers, that somehow morphed into the bastardized neocons who now are trying to disclaim their role in the fraudulent presentation of the case for war vs. Iraq.

The original schism was between the Baker and Cheney/Rumsfeld factions in the White House. Powell had ear to the former, and Cheney overruled him. Condi tried to play both sides, who could have ever imagined she’d do that…

The point now is that the old guard is going to bat with China in the classic Kissinger triangulation mode. The Cheney cabal wants to inflame the market factors for oil to a level his old benefactors in North America can profit off the shale oil sands in places like Utah(Hatch, Attorney Firings, Mining and Concession Bids). Canada has interest too… plus the biofuels market.

Both items require large amounts of water. More water than is feasible in the new warming trends we anticipate. In the biofuels case there is not a net gain in energy anyways. They’re not sustainable visions for the future and certainly lack competitive and qualitative aspects crucial to formulating macroeconomic policy. Still war with Iran would push this market expansion of its perceived necessity.

The market fundamentals have already reached a point nearing an event horizon, only a credit bubble and unsustainable currency hedging is left and soon the veil will be removed.

As for Cheney caring, he doesn’t give a rat’s unless the King of Arabia says otherwise. It’s either them vs. Iran or them vs. Israel in his eyes, and guess which one doesn’t have nukes and isn’t a USA client state?
He’s been thinking and talking world war since day one(Energy Task Force).

If the FBI had a set of balls it would be on that case. Feds still have shiny black FBI shoes and business ties, and a blue dress on in need of DNA examination. There’s no excuse the clusterflop they have maintained in the last three decades, fumbling ever since the Contra era. Must have been the penance for Watergate. So much for Due Diligence…

There’s other interesting points to see about North Korea(turns out the Dems/pacifists were right, just engage them and reopen the energy market their way.

One would have to see the fine print of the agreement, the level to which japan or South Korea would have reason to be mad, the amount to which China got undue influence from our reliance upon them when we really wanted North Korea moving forward as a buffer state for triangulation of a superpower.

Working the extent to which their contacts work Pakistan had to have been a bigger item…

Well guess what: You don’t think that the Chinese and Russians are laughing all the way to the bank( sorry for the pun) as King George spends us into oblivion in Iraq. Besides wasting billions, that if not already will soon be trillions. ol Georgie Boy has decimated that 200+ year old piece of paper we use to call the Constitution, and sent the morality of our nation to such a low level that so many sickies now think of torture as something we should be proud of.

King George always love to say that we are more moral than Hussein was. But he just doesn’t understand that morality is not a comparison between two schmucks, but an ultimate ideal of how people should behave and respect others.

http://elainemeinelsupkis.typepad.com/culture_of_life_news/2007/09/us-reserve-cont.html

I’d like to see the regular banks try and pay back all that phony liquidity as the money they are loaning from the Central Banks is lent to those going “teats up”. This is merely the ‘fingers in the dyke’ remedy.

If China doesn’t sell off or dump the treasuries it holds, the stock market’s fat-cats and the hedge fund hell hounds will see to the demise of the financial world which may not be too far off.

Huge trade deficits for the U.S. and an enormous credit bubble that grows larger every day will bring this house of cards to a ruinous conclusion.

Another thing I wonder about is the Russians. They will not be pleased with an attack on Iran. Condi should know this, since she knows a lot more about Russia than I do (indeed, it’s the one thing about which she has copious expertise). But I suspect she doesn’t carry much weight against the insane Cheney faction. Anyhow, I wonder what the Russians will do. I’m sure they’ll do something. Nations always do something. That’s what geopolitics is all about. In case the Bushies haven’t noticed yet, the ‘single hyperpower in the whole world’ mode is no longer an operational approach.

If the Chinese can reduce their dependency on the US for export consumption – and this has got to be their biggest goal – then look for them to start diversifying their foreign currency holdings somewhat. They’ll always maintain a dollar fund of bonds and such – this gives them leverage – but they simply have to diversify their holdings so that they aren’t tied to the US uncontrollably.

No matter what, we need to address our reliance on debt, in particular, the way we prioritize and fund our military and war spending. Our reliance on debt even as we eliminate our physical and manufacturing sectors rapidly is creating a house of cards out of our economy.

The wrong war at the wrong price, paid by mortgaging our grandchildren and children’s futures away to China.

One positive side effect, China is in the door with Iran, we made the west isolate Iran, so China could have even better leverage for energy futures there.

Mission Accomplished.

Cheney calls the shots, he only listens to money. China has the money and calls the moves. Our best move would be to get these emerging client states for China, to take US Dollars in trade for resource.

It can mitigate some of our reliance on single item sourcing for China currency, can help return our influence, and works along the lines of shaping parallel interests in the new era of global trade. Then China will have to pool their dollar consumption via third parties, allowing markets better influence on thier aims and interconnecting our interests at key intersecting global regions.

Someone needs to help the countries moving up to first and second world status. Get in on their side in a good way and cement our security by such alliances.

Three models of action to choose from.
1)Conflict(both sides lose blood and treasure).
2)Competitive(often leads to static or polarized geopolitics)
3)Cooperative(finding a range of shared goals and interests, across a set of similar shared power agreements and governance norms)

The third model offers growth for all sides.
The second model at its extremes polarize in spheres of isolationism or exploitation in gilded capatalism.
The first model is a barrier to growth for all parties.

If we do not heed the cooperative model at this time, as climate change presents new dangers for macroeconomies in terms of yields and habitat, you may see enough distintegration of society to throw the supposed new world order into the dust bin of history before it reaches zenith.

The last time resource demand curves met such supply inadequacies, two world wars began. Somehow the MIC thinks it can game this system using moderate to low intensity warfare and occupation to extend their own profit margins.

It’s robbing Peter to pay Paul. When peak oil hits after Iran and Saudi Arabia go up in flames if Cheney gets his way, you’ll see the final step taken.

Ten dollar a gallon gas, biofuels hit their price range, and America, Brazil, Russia,China, start using inordinate water supply to develope lower grade fuel that cannot sustain economy or mileage. It is one of the reasons Cheney wants this war, he’s an oil man and their collective mouth is watering over expanding the market for overpriced fuel to the level oil sands and biofuels are usable. It is a wet dream for Halliburton.

Water is the item that will soon be priced along the lines of 1970s gas. Within our lifetime. That is the side effect of biofuels. It’s already worth more than gas in Arabia, and it’s pretty clear Cheney admires that style of governance(by King, women and minorities powerless, money calls the shots). Why not bring Arabia’s lifestyle here? Pretty soon it will be warm enough that everyone will want to herd camels because they live in desert heat.

Like the days when Michael Sheldon Cheney was running PR for ARAMCO. That coming off the transition between the Gilded Age, the Great Depression, and World War Two. He gamed Lend Lease to help develop a ruling class for the world from a group of nomadic tribes in the Arabian peninsula…

Another Cheney brings that reality home to America.