A key aspect to beginning negotiation of any sort is to emphasize common ground. Secretary of State Clinton began her speech by emphasizing the mutual interest of all nations involved in rooting out the rackets and “stateless” criminal enterprises that would seek to undermine everyone getting richer legally and faster. At this juncture, it would seem that the only collateral this government can truly offer is its grandiose defense spending.
Hillary Clinton has been swept away to a conference in New York where she is addressing our increasingly powerful bond market overlords at the Asia Society Conference. This move is to mark the beginning of her goodwill voyage to all corners of China, Indonesia, and the remaining sector of Korea which does not bitterly whittle radioactive spears, ships loads of counterfeit currency to the west coast and mumble bitterly about the imperialist pig-dogs of the United States.
In the wake of GDP-shattering stimulus, you can never do enough to convince your financiers that you are damn serious about being responsible. Secretary Clinton continued to emphasize that the United States had “learned the lessons” that “the past month” had brought to bear. Coming to the feet of the East Asian power brokers and making this claim while breaking the bank with $2.5 trillion in spending is a startling prospect, indeed.
With a retrospective eye-roll to the previous administration, Hillary Clinton revisited a typical new administration talking point, that of “restoring science” to its proper place. Last month at a TED conference, Microsoft founder Bill Gates professed a great deal of optimism that American math and science test scores could be brought up to snuff with those of East Asian countries if only quality teachers were injected into the system. Whatever its merits, this brand of optimism is nothing new regarding American prospects for the future. In this context, however, it is easy to see it as a quiet nod to potential deregulation of embryonic stem cell research.