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Chairman’s Corner

As we navigate the complexities of the financial world, this space will serve as our platform to share insights, discuss trends, and explore the policies shaping our economic landscape.

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What is going on with our US Foreign Policy?

  • February 19, 2024

Our worst enemies could not have planned a more disastrous and humiliating withdrawal from Afghanistan than the Biden administration’s August 2021 scamper. We simply, without an afterthought, abandoned billions of dollars of sophisticated weapons to Taliban terrorists.

We left behind a $1 billion new embassy and a remodeled Air Force base. We bragged about taking out terrorists with a “righteous strike” that wiped out an entire friendly Afghan family, while 13 American service personnel were blown up trying to secure a non-securable escape route.

Abroad, China serially threatens to annex Taiwan. A hungry and perennially restless Vladimir Putin once upon a time thought he was restrained from invading his neighbors by fear of more costs incurred than the likelihood of benefits to be gained. But like an earlier reaction to a weakened U.S. in 2008 and 2014, Putin assumed that the 2022 Biden administration would likely do little if he annexed greater swaths of Ukraine. And so he invaded.

National security advisor Jack Sullivan, on the eve of the October 7 Hamas massacres of Jewish citizens, claimed the Middle East was at last calm. Now it is on the verge of a theater-wide war, once Iran sensed that the Biden team would appease and beg it to behave.

So the Biden administration was eager to end oil sanctions, plead with Iran to reenter the Iran Deal, remove the Houthis from terrorist designations, route billions of dollars to Tehran for hostages and junk the Abrams accords.

Basically, and somehow, over just three years, the Biden administration did to the Middle East what it did to the southern border: blew it up in the same exact manner of mindlessly undoing any policy that had previously worked with Trump’s finger prints on them.

I wonder sometimes what is the reason why President Biden would so willingly rend the fabric of America. Why did he unleash the hounds of anti-civilization? Did he despise the supposedly boring middle-class citizen who follows the law, pays all his taxes, and never gets arrested? Does he hate the idea of meritocracy? Is all this savagery and chaos a deliberate mechanism to ensure parity? Equity? Inclusion? I still don’t get it.

Is this a way of leveling the field? Making life difficult for the more successful? Making those who cherish the traditions and protocols of America pay? Is that the plan to take the country to near collapse, and then only at the abyss itself to force revolutionary change—or what exactly?

None of this I am afraid seems to be by accident. Is it the dividend of a philosophy that says, “We have to blow up your America before we can reboot it for us.”?

Share your thoughts.

Stanford Silverman
Tim Kaelin
Steven Cinelli
Raoul Davis
Lisa Daftari
Keith Velcich
The Epoch Times
Financial Policy Council
Hillsdale College
Ola Nesheiwat Hawatmeh
Linda J. Hansen
Maria Bartiromo

#foreignpolicy #intelligence

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