The MacArthur Model for Afghanistan

Consolidate authority into one person: an American viceroy who’d lead all coalition efforts.

Afghanistan is an expensive disaster for America. The Pentagon has already consumed $828 billion on the war, and taxpayers will be liable for trillions more in veterans’ health-care costs for decades to come. More than 2,000 American soldiers have died there, with more than 20,000 wounded in action.
For all that effort, Afghanistan is failing. The terrorist cohort consistently gains control of more territory, including key economic arteries

.. First, he should consolidate authority in Afghanistan with one person: an American viceroy

The coalition has had 17 different military commanders in the past 15 years, which means none of them had time to develop or be held responsible for a coherent strategy.

  1. .. In Afghanistan, the viceroy approach would reduce rampant fraud by focusing spending on initiatives that further the central strategy, rather than handing cash to every outstretched hand from a U.S. system bereft of institutional memory.
  2. .. Troops fighting for their lives should not have to ask a lawyer sitting in air conditioning 500 miles away for permission to drop a bomb. Our plodding, hand wringing and overcaution have prolonged the war—and the suffering it bears upon the Afghan population.
  3. .. Third, we must build the capacity of Afghanistan’s security forces the effective and proven way, instead of spending billions more pursuing the “ideal” way. The 330,000-strong Afghan army and police were set up under the guidance of U.S. military “advisers” in the mirror image of the U.S. Army. That was the wrong approach.     .. frequent defections, which currently deliver the equivalent of two trained infantry divisions per year to the enemy.

.. a different, centuries-old approach. For 250 years, the East India Company prevailed in the region through the use of private military units known as “presidency armies.” They were locally recruited and trained, supported and led by contracted European professional soldiers. The professionals lived, patrolled, and—when necessary—fought shoulder-to-shoulder with their local counterparts for multiyear deployments. That long-term dwelling ensured the training, discipline, loyalty and material readiness of the men they fought alongside for years, not for a one-time eight-month deployment.

.. the viceroy would have complete decision-making authority in the country so no time is wasted waiting for Washington to send instructions. A nimbler special-ops and contracted force like this would cost less than $10 billion per year, as opposed to the $45 billion we expect to spend in Afghanistan in 2017.

.. The military default in a conventional war is to control terrain, neglecting the long-term financial arteries that fund the fight, and handicaps long-term economic potential.

The Taliban understand this concept well. They control most of Afghanistan’s economic resources—including lapis, marble, gold, pistachios, hashish and opium—and use profits to spread their influence and perpetuate the insurgency. Our strategy needs to target those resources by placing combat power to cover Afghanistan’s economic arteries.

.. We need to encourage the growth of legitimate industries to raise tax revenue while choking off the Taliban’s sources of income. It’s absurd that Afghanistan—which holds an estimated $1 trillion worth of mineral resources—still doesn’t have a mining law, after 15 years of American presence and “advice.”

.. Our failed population-centric approach to Afghanistan has only led to missed opportunities

.. A smarter, trade-centric approach will boost Afghanistan’s long-run viability by weaning it off donor welfare dependency.

.. Mr. Trump must not lose sight of the reason we became involved in Afghanistan: to deny sanctuary to those who want to destroy our way of life.

.. The U.S. should adjust course from the past 15-plus years of nation building and focus on pounding the Taliban and other terrorists so hard that they plead for negotiation. Until they feel real pressure and know the U.S. has staying power, they will win.

Oh! What a Lovely Trade War

Trump, supported by his inner circle of America Firsters, is “hell-bent” on imposing punitive tariffs on imports of steel and possibly other products, despite opposition from most of his cabinet. After all, claims that other countries are taking advantage of America were a central theme of his campaign.

And Axios reports that the White House believes that Trump’s base “likes the idea” of a trade war, and “will love the fight.”

Yep, that’s a great way to make policy.

.. a lot of modern trade is in intermediate goods — stuff that is used to make other stuff. A tariff on steel helps steel producers, but it hurts downstream steel consumers like the auto industry. So even the direct impact of protectionism on jobs is unclear.

.. Normally, in fact, trade and trade policy have little if any effect on total employment. They affect what kinds of jobs we have; but the total number, not so much.

.. There’s an old joke about a motorist who runs over a pedestrian, then tries to fix the damage by backing up — running over the victim a second time. Trumpist trade policy would be like that.

.. the tariffs now being proposed would boost capital-intensive industries that employ relatively few workers per dollar of sales; these tariffs would, if anything, further tilt the distribution of income against labor.

.. Trump’s promises on trade, while unorthodox, were just as fraudulent as his promises on health care.

The Shattered Arguments for a New Glass-Steagall

Investment banking isn’t risky. What’s dangerous is creating stand-alone firms that can’t diversify.

The 1999 repeal of Glass-Steagall was unfairly blamed in the aftermath of the 2008 financial crisis. Some people—apparently Mr. Cohn among them—mistakenly believe that investment banking is so risky that it should be once again kept separate from commercial banking. The truth is exactly the opposite: Traditional investment banking entails very little risk. The danger is stand-alone investment banks that are not diversified enough to survive a shock.

 ..Banks are at risk of failure when they become too concentrated by geography, industry or product line. Risk needs to be diversified so that no one mistake can bring down the entire institution. Even firms like Citigroup and Bank of America that made a series of mistakes in the 2008 crisis survived because they were diversified. Investment banks that were not properly diversified did not survive: Bear Stearns, Lehman Brothers, Merrill Lynch.
..The major perpetrators of the 2008 financial crisis were 20 or so institutions that had originated, securitized and distributed exotic subprime mortgages with toxic features. About 10 investment banks packaged mortgages made by savings-and-loan associations such as Countrywide, Washington Mutual and Indy Mac, and by state-chartered mortgage brokers—many of which committed outright fraud. These S&Ls were the remnants of an industry that had cost taxpayers some $150 billion during the 1980s and early 1990s. Notably absent from this array of culprits were large commercial banks, with an exception or two.

Trump Appoints Social Conservative To HHS Civil Rights Office And Heads Explode

He is a defender of religious liberty. He believes there are only two sexes. Both of which make him anathema to “public health” professionals who generally believe religion is fine as long as you don’t practice it and that any sexual perversion should be honored. Of particular concern is the effort by HHS to impose upon the US healthcare system the same view of this “transgender” nonsense that Department of Education tried to impose upon our education system.

.. HHS has focused on bullying all doctors and hospitals into treating transgender individuals as sane and requiring those institutions to do whatever surgical mutilation is necessary to help them live out their delusions. One such case is in the courts right now that would force a Catholic hospital to perform “gender reassignment surgery.”

.. Transgender fanatics are terrified that Severino will pull the plug on this fraud:
.. This is a situation where conservatives, regardless of their feelings about Trump, should be cheering. I can’t imagine a President Rubio making an in-your-face appointment like this. I can barely imagine a President Cruz making it. But these sub-cabinet appointments are critical to stopping the progressive agenda before it becomes embedded in the law. But, unfortunately, hate for Trump takes priority over everything else. Because to admit Severino is an excellent choice requires one to admit that Tom Price is an excellent choice. And that requires one to admit that Donald Trump is not a one-dimensional buffoon surrounded by Russian agents, which is something a lot of self-described conservatives cannot do without destroying their own worldview.