iOS app Android app

Eric C. Anderson

Entries by Eric C. Anderson

Foretelling the Demise of Democracy

(9) Comments | Posted December 15, 2010 | 5:12 PM

Americans, like their European counterparts, have a shameful sense of entitlement that is poised to end our dalliance with democracy. In step with the citizens of Greece, Ireland, Italy, Portugal and Spain, Americans continue to demand public officials deliver services without imposing an appropriate surcharge. And, sadly, elected officials respond...

Read Post

Sino-U.S. Relations: Reconsider the Fundamentals

(0) Comments | Posted April 26, 2010 | 2:49 PM

The resolution of a seemingly intractable problem only comes with identification of the primary causes. In the conduct of international relations this technique often results in discussions focused on domestic expectations and ideological perspectives. Occasionally, conversations concerning differences in weltanschauung--one's "world view"--come to the fore. But only occasionally. This is...

Read Post

Why I Don't Pay Washington DC Parking Tickets

(11) Comments | Posted April 14, 2010 | 11:38 AM

In a perfect world law enforcement is equitable, color blind, and absent a religious bias. That perfect world does not exist in Washington DC, particularly when it comes to traffic enforcement. Please note I am not talking about stopping cars because the driver is black, brown or white. My complaint...

Read Post

U.S.-Sino Relations: Finally a Calm Hand on the Rudder?

(1) Comments | Posted April 13, 2010 | 1:55 PM

There is a wisdom in delay that is rarely acknowledged in this age of the 24-hour news cycle. The Obama administration is now busily attempting to apply this insight when it comes to dealing with Beijing. I just wonder if we could convince the White House that certain stall tactics...

Read Post

Beijing Is Right -- Google Should Go

(254) Comments | Posted March 23, 2010 | 3:40 PM

Contrary to popular myth--and the Harvard Business Review--democracy is not inevitable. In fact, there is good reason to believe democracy is not the best or most desirable form of governance. In yielding to popular whims democracies are led into wars, caused to spend beyond their means, and compelled to allow...

Read Post

Beijing, Washington and Currency Manipulation

(20) Comments | Posted March 17, 2010 | 2:56 PM

Apparently not satisfied with two wars, a national debt approaching $14 trillion, and endless partisan bickering, Congress now wants to pick a fight with China. On March 15, 2010, the collective "wisdom" of our elected representatives was resplendently displayed in a letter essentially demanding the Obama administration consider a revival...

Read Post

Pondering China's Military Budget

(0) Comments | Posted March 10, 2010 | 10:29 AM

A bit of wind has been taken from the sails of American Sinophobes. On 4 March 2010, Beijing announced China's declared defense budget will only increase by 7.5% this year -- the slowest rate in 20 years. The announcement came as a surprise to Western analysts who had predicted the...

Read Post

Beijing's Balm for the T-Note Market

(6) Comments | Posted March 9, 2010 | 12:16 PM

Most logical beings are wary of the unknown. This is particularly true of central bankers; a risk-adverse lot who prefer written agreements and guaranteed returns on any investment. China's financial stewards certainly exhibit these characteristics -- in public. But there is good reason to suspect Beijing's bankers are not as...

Read Post

Rethinking Beijing's Financial Options

(5) Comments | Posted March 3, 2010 | 12:13 PM

Controversy can lead to interesting headlines, but also contributes to public confusion. Such is the case when economists engage in debates over just how much money China has invested in Washington's mountain of debt -- and the potential consequences of same. This is exactly what happened at a 25 February...

Read Post

Contemplating China: Ignorance Breeds Fear

(8) Comments | Posted February 26, 2010 | 11:59 AM

Contrary to the popular expression, ignorance is not bliss; ignorance breeds fear. Think about the debate over health care reform that raged through town hall meetings last summer--I stopped counting the number of times someone went on a rant about "death panels" or the impending nationalization of medicine. Neither rumor...

Read Post

An Undeserved Arrogance -- Washington and a China Redux

(22) Comments | Posted February 5, 2010 | 11:25 AM

There is nothing so dismal as a superpower on the wane. The geopolitical reality that emerged in the wake of World War II left London and Paris adrift for years. The Brits could not fathom the demise of an empire upon which the sun never set. The French clung to...

Read Post

Rape of the American Taxpayer

(1) Comments | Posted December 17, 2009 | 10:23 AM

I used to have a bumper sticker on my truck that read, "If you are not outraged, you are not paying attention." This sentiment was specifically aimed at policies implemented during the Bush administration. After the November 2008 presidential election I tore the damn thing off...I'm now looking for a...

Read Post

Learn to Live with the Iranian Nuclear Program

(22) Comments | Posted December 16, 2009 | 10:29 AM

Paramedics learn two lessons early in their careers: never panic and never rush. Panic typically results in foolish and/or dangerous behavior. Rushing about can cause accidents, lost equipment, and senseless mistakes. The denizens of Washington's chattering class would be well-served to remember these lessons in light of the latest revelations...

Read Post

The TARP Travesty

(1) Comments | Posted December 10, 2009 | 1:33 PM

Government reports seldom make for interesting reading. Typically the material is dry, the authors employ sterile English, and the findings are diluted into a mush of "possibly" and "probably." This, largely, is not the case with the most recent document issued by the Congressional Oversight Panel charged with monitoring administration...

Read Post

Full Steam Ahead on China-Taiwan Reconciliation?

(3) Comments | Posted December 8, 2009 | 1:02 PM

May you live in interesting times. This reportedly ancient Chinese curse certainly applies to members of President Obama's foreign policy team. Compelled to juggle the issues associated with the conduct of two wars and a seemingly endless list of regional crises, the policy makers at State, the National Security Council,...

Read Post

AIG and the Season of Greed

(10) Comments | Posted December 7, 2009 | 3:22 PM

There is apparently no sense of responsibility or shame at AIG. You remember AIG...the insurance giant we taxpayers "loaned" $182 billion because the firm's executives apparently did not understand the risks associated with over-investing in credit-derivatives. Deemed too big to fail, Washington ultimately landed up nationalizing the firm by purchasing...

Read Post

Demand China Commit Military Forces to the War in Afghanistan

(16) Comments | Posted December 3, 2009 | 12:57 PM

Establishing a stable regime in Afghanistan is a global imperative. However, responsibility for accomplishing this feat does not solely rest on Washington or Europe's shoulders. In addition to committing additional Western troops and treasure, Washington and the European Union need to insist China join the fray--with boots on the ground...

Read Post

Beijing Quietly Signaling Intent To Flee U.S. Debt

(36) Comments | Posted November 25, 2009 | 1:15 PM

It now appears China's leaders are acting upon their frequently expressed concerns about the continuing viability of the U.S. dollar. On 23 November 2009, the Economic Observer News, an independent weekly newspaper distributed in major cities throughout China, published a story suggesting Beijing's sovereign wealth fund is preparing to almost...

Read Post

Beijing's Financial Lessons for Washington

(3) Comments | Posted November 23, 2009 | 2:40 PM

China is signaling an intention to scale back the financial stimulus package Beijing employed in a successful effort to mitigate the effects of the current global recession. On 23 November 2009, the China Banking Regulatory Commission issued a warning that domestic banks must strictly comply with capital adequacy requirements or...

Read Post

Strip Jefferson of His Retirement

(5) Comments | Posted November 18, 2009 | 1:15 PM

I find few things more galling than former members of Congress who continue to receive retirement benefits after being convicted of committing a crime during their time in office. As a military officer who has served this country for more than 18 years, I am aghast to discover former congressman...

Read Post