Mish's Global Economic Trend Analysis

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McCain Calls for Ground Troops in Syria and an Ebola Czar; Secret Friends Posted: 12 Oct 2014 08:32 PM PDT I am seriously starting to wonder if Senator John McCain has lost his mind. In 2009, the Senator complained "Obama has more czars than the Romanovs." Today, John McCain, Czar Hater, Calls For Ebola Czar. Sen. John McCain (R-Ariz.) believes President Barack Obama should appoint a "czar" to lead America's response to Ebola. "From spending time here in Arizona, my constituents are not comforted. There has to be more reassurance given to them. I would say that we don't know exactly who's in charge. There has to be some kind of czar," McCain said Sunday on CNN's "State of the Union." Other Republicans have also seemingly changed their minds on the issue. Rep. Jack Kingston (R-Ga.), who once introduced the "Czar Accountability and Reform Act" to cut off funding for czars, said earlier this month that Obama needed to appoint such an official to help unify the government's response to Ebola. Why Don't We Have an Ebola Czar? The correct answer should be "We don't have an ebola czar because we do not need one. If created, the position would never go away once created, and we have too many czars already". Instead, let's assume ebola control belongs in the hands of the surgeon general. With that assumption, we do not have an ebola czar because the NRA put the kibosh on Obama's Surgeon Gen. nominee, Regina Benjamin. I am not here to debate the merits or lack thereof of Regina Benjamin. I do not know her medical qualifications. I will say that her 2012 tweet calling guns "a health care issue" seems quite reasonable. And for that tweet, her appointment has been blocked. Ebola vs. Firearm Homicides The Center for Disease Control reports there were 11,068 firearm homicides in 2011. In 2014 there has been 1 ebola death. Regardless of one's position on handgun control, here's a simple question: what's the bigger health-care issue? Yet, instead of a Surgeon General, McCain wants an ebola Czar, even though he whined Obama has too many czars. If you were looking for proof McCain has lost his marbles, you now have it.  McCain Calls for Ground Troops in Syria Looking for more proof McCain has lost his marbles? If so, please consider McCain urges ground troops to defeat Isis: 'They're winning, and we're not' Senator John McCain has warned that the Islamic State (Isis) is winning in Iraq and Syria, and that the United States needs to deploy ground troops if it is to stave off defeat. Senator John McCain has warned that the Islamic State (Isis) is winning in Iraq and Syria, and that the United States needs to deploy ground troops if it is to stave off defeat. The Arizona Republican urged a "fundamental re-evaluation" of US strategy on Sunday, as the extremist group, which is the target of US-led international air strikes, continued to advance into the Kurdish town of Kobani in Syria, near the border with Turkey, and towards the Iraqi capital, Baghdad. "They're winning, and we're not," McCain told CNN. "The Iraqis are not winning. The Peshmerga, the Kurds are not winning." Secret Friends Here's an interesting snip from the same article... James Baker, a secretary of state under the first President Bush, told NBC he would not be surprised if Iran was secretly helping the US against Isis, a common foe. Henry Kissinger, another former secretary of state, told the same programme Iran was a potential US ally. Rice, however, said Iran remained outside the US-led coalition against Isis. "We're not in coordination or direct consultation with the Iranians," she said. Fundamental Reevaluation I agree with McCain that the US needs a fundamental reevaluation of US foreign policy. But instead of ground troops, this is what I propose ... First, let's scrap the failed idea of "nation building". Second, we need an assessment of who our friends and enemies really are. Third, we should think three times before we send US troops in harm's way. Fourth, if we do send US troops in harm's way we should have an honest discussion of  how much it will cost, how we will pay for it, and why it's necessary. Fifth, we should defend our borders, not every border in the world (typically based on whether the region has oil or not). Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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