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Old 03-20-2015, 10:36 AM
 
Location: San Diego, California Republic
16,588 posts, read 27,503,643 times
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Quote:
Originally Posted by CTDominion View Post
Yet more foreign policy success for the Obama administration
We lost trust in the world before Obama. Though he has not managed to get it back much.
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Old 03-20-2015, 10:52 AM
 
Location: Scotland
7,956 posts, read 11,884,490 times
Reputation: 4167
Obama is actually well liked in a lot of the world, Bush was a nutjob - he was the reason for loss of trust. And most of the world could not understand why such an idiot was voted in - twice.

We know Obama is a decent man - but your system makes it impossible for him.
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Old 03-20-2015, 10:54 AM
 
Location: San Diego, California Republic
16,588 posts, read 27,503,643 times
Reputation: 9059
Quote:
Originally Posted by paull805 View Post
Obama is actually well liked in a lot of the world, Bush was a nutjob - he was the reason for loss of trust. And most of the world could not understand why such an idiot was voted in - twice.

We know Obama is a decent man - but your system makes it impossible for him.
^^^This exactly. If anything, having Obama would HELP our foreign policy.
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Old 03-20-2015, 11:04 AM
 
Location: Victoria TX
42,410 posts, read 87,322,707 times
Reputation: 36646
The USA has, in recent years, become increasingly shrill about global banking. US policies like Fatca and FinCen are forcing the banking interests in almost every country, as well as goverments that regulate them, to become virtual puppets of regulatory US money policy, through compliance withf force-fed treaties. It should surprise anyone that nations and their bnks do not want the USA to be leading them around by the nose, and probably welcome the opportunity to align themselves with an alternative global banking structure.

More and more, US Banking is being seen as Economic Imperialism, and some countries are Just Saying No. If there is to be a Third World War, no doubt the two sides will be aligned along banking interests. If American Banking cannot get voluntary world domination, resorting to arms might be the only option. Remember Vietnam.

These US banking policies have already forced Switzerland to abandon it bank secrecy tradition, and Swiss banks are informing their clients (even non-Americans) to take their business elsewhere if they don't want the rest of the world to know about their accounts. And China is the only "elsewhere". In Canada, Toronto Dominion Bank says it will cost them $100-million to comply with reporting regulations forced on them by Canadian compliance with US banking hegemony. An expense they would be spared if they aligned with Chinese banking, a fact which many banks have certainly noticed.

Last edited by jtur88; 03-20-2015 at 11:13 AM..
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Old 03-20-2015, 11:05 AM
 
367 posts, read 411,045 times
Reputation: 377
Two different slants on the topic:

Simon Black (of Sovereign Man).

"Britain might be too polite to tell the US straight up– “Look, you have $18.1 trillion in official debt, you have $42 trillion in unfunded liabilities, and you’re kind of a dick. I’m dumping you.” So instead they’re going with the “it’s not you, it’s me” approach."

Richard Ottaway (Chairman of the British House of Commons Foreign Affairs Committee).

The conflict over the bank reflected the fact that Britain and Europe viewed China differently from the US ... The US sees China in a strategic way—as a maritime power in the Pacific. The Europeans see China in commercial terms.”

Last edited by MarineBlue; 03-20-2015 at 11:59 AM..
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Old 03-20-2015, 11:06 AM
 
Location: Pennsylvania
1,386 posts, read 1,566,407 times
Reputation: 947
Quote:
Originally Posted by MarineBlue View Post
Barely weeks ago, Washington was exerting political pressure to convince its closest allies to refrain from joining the Asian Infrastructure Investment Bank, a global financial institution intended as a competitor to the US-led ADB and to US-dominated institutions such as the World Bank and the IMF.

Last week, the UK rejected Washington's proposals and joined the AIIB seeing it as "an unrivaled opportunity for the UK and Asia to invest and grow together". This outraged senior US officials who accused the UK, to date its closest ally, of "constant accommodation" of China.

From the NY Times:


Washington has expressed reservations about the new institution, on the grounds that it would not meet environmental standards, procurement requirements and other safeguards adopted by the World Bank, the International Monetary Fund and the Asian Development Bank for their lending projects.

But fundamentally, Washington views the Chinese venture as a deliberate challenge to those postwar institutions, which are led by the United States and, to a lesser extent, Japan, and the Obama administration has put pressure on allies not to participate…

South Korea and Australia, both of which count China as their largest trading partner, have seriously considered membership but have held back, largely because of forceful warnings from Washington, including a specific appeal to Australia by President Obama.

...

The Chinese Finance Ministry warmly welcomed the British announcement, saying on its website on Friday that if all went well, Britain would formally become a “prospective founding member” of the bank by the end of March.


Within days of the move by London, Germany, France, Italy announced their interest in joining the AIIB, previously discouraged from this move by US warnings. They were quickly followed by South Korea, Australia and Luxembourg, who openly defied lobbying attempts by the Obama administration and expressed interest in joining. Now, as if to coincide with Michelle Obama's visit to Japan, Tokyo has expressed conditional interest in joining the bank.

What do you think of these developments? Do you think they reflect a deterioration of the USA's political influence abroad?
Yes. It was geopolitical failure for the United States any way you slice it. The US has tried to keep this from happening and has failed to do so. So yes this does show deterioration of political influence since the US failed in it's geopolitical goal.
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Old 03-20-2015, 11:09 AM
 
Location: Scotland
7,956 posts, read 11,884,490 times
Reputation: 4167
Quote:
Originally Posted by MarineBlue View Post
Tell me why this was Bush's fault
Maybe because he was an utter idiot elected to the most powerful position on earth?

Yeah think that's enough.
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Old 03-20-2015, 11:12 AM
 
2,829 posts, read 3,192,896 times
Reputation: 2266
Quote:
Originally Posted by jtur88 View Post
The USA has, in recent years, become increasingly shrill about global banking. US policies like Fatca and FinCen are forcing the banking interests in almost every country, as well as goverments that regulate them, to become virtual puppets of regulatory US money policy, through compliance withf force-fed treaties. It should surprise anyone that nations and their bnks do not want the USA to be leading them around by the nose, and probably welcome the opportunity to align themselves with an alternative global banking structure.

More and more, US Banking is being seen as Economic Imperialism, and some countries are Just Saying No. If there is to be a Third World War, no doubt the two sides will be aligned along banking interests. If American Banking cannot get voluntary world domination, resorting to arms might be the only option. Remember Vietnam.

These US banking policies have already forced Switzerland to abandon it bank secrecy tradition, and Swiss banks are informing their clients (even non-Americans) to take their business elsewhere if they don't want the rest of the world to know about their accounts. In Canada, Toronto Dominion Bank says it will cost them $100-million to comply with reporting regulations forced on them by Canadian compliance with US banking hegemony. An expense they would be spared if they aligned with Chinese banking, a fact which many banks have certainly noticed.
Good post. Pretty accurate. A lot of U.S. citizens living abroad starting this year will also have to report all of their foreign accounts, foreign mutual fund and other assets each and every year to IRS, even though these assets don't fall under U.S. jurisdiction. A royal pain in the *** for many American citizens living abroad.
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Old 03-20-2015, 11:15 AM
 
367 posts, read 411,045 times
Reputation: 377
Quote:
Originally Posted by paull805 View Post
Maybe because he was an utter idiot elected to the most powerful position on earth?

Yeah think that's enough.
We're nearly two full terms post-Bush administration.

I think the window of time in which one could argue "this is all Bush's fault" passed long ago.
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Old 03-20-2015, 11:18 AM
 
Location: Scotland
7,956 posts, read 11,884,490 times
Reputation: 4167
Well you can't win back trust overnight - man, many deaths from his stint. Many people from my city were killed in Iraq, an illegal war.

Obama hasn't contributed to lack of trust from what I see.
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