Jim Boswell Blog | We Live In Interesting Times | TalkMarkets
Executive Director, Quanta Analytics
Contributor's Links: Globanomics
Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

We Live In Interesting Times

Date: Wednesday, January 13, 2021 5:02 AM EST

Got up bright and early this morning because i wanted to get some work done before the congressional discussions begin.  What follows now is this morning's early morning discussion with my fraternity brothers, i subjected it--We Live in Interesting Times.

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Hi, guys--well it looks like things are moving along now that we have the leading republican in the House (Liz Chaney) and the leading republican in the Senate (McConnel) calling for impeachment, the choreograph has begun.  Jail time will then be the next little hurdle to get over.  But regardless, it is going to happen because it has to happen.

On another subject of interest to me was Pompeo's move a couple of days ago to essentially tell China that we view Tawain as a free and independent nation of its own outside of the China realm.  If you know anything about your history, this is a very, very big deal.  And it's no coincidence that this happened just before Biden took control--because it is Biden who is doing this.

It's an absolutely great move.  It's telling China straight off that there is a "new sheriff" in town and you do not own the South China Sea, anymore than we own the Atlantic or the Pacific.  The Free World is United in its goal and the Free World knows how to turn the light switch on and off with China.

Once that is done, it opens up Globanomics.

What follows is the State Department's statement on the matter of Taiwan.

"Taiwan is a vibrant democracy and reliable partner of the United States, and yet for several decades the State Department has created complex internal restrictions to regulate our diplomats, servicemembers, and other officials’ interactions with their Taiwanese counterparts. The United States government took these actions unilaterally, in an attempt to appease the Communist regime in Beijing. No more.

Today I am announcing that I am lifting all of these self-imposed restrictions.  Executive branch agencies should consider all “contact guidelines” regarding relations with Taiwan previously issued by the Department of State under authorities delegated to the Secretary of State to be null and void.

Additionally, any and all sections of the Foreign Affairs Manual or Foreign Affairs Handbook that convey authorities or otherwise purport to regulate executive branch engagement with Taiwan via any entity other than the American Institute in Taiwan (AIT) are also hereby voided. The executive branch‘s relations with Taiwan are to be handled by the non-profit AIT, as stipulated in the Taiwan Relations Act.

The United States government maintains relationships with unofficial partners around the world, and Taiwan is no exception. Our two democracies share common values of individual freedom, the rule of law, and a respect for human dignity. Today’s statement recognizes that the U.S.-Taiwan relationship need not, and should not, be shackled by self-imposed restrictions of our permanent bureaucracy.

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Old Time Investor 1 year ago Member's comment

Good read.