Droppin' Knowledge: Matt Horween Unleashed


You guys know how much I love righteous indignation as a writing style.

Matt Horween of TheStreet.com is ladling it out thick for anyone with a bowl in his six part op-ed that will run every day this week, enitled Fix America Now.

Yesterday’s opener was crackling with skepticism over our military expenses in the context of the weak dollar and rising interest rate environment we’re in.

Here’s a spoonful:

How long can we continue to increase our defense spending and our foreign-aid spending while running huge trade deficits, fiscal deficits and current account deficits?

Our leaders treat us with the same disdain that the French monarchy treated its citizens with before the French Revolution. Of course, there is a very big similarity between the French and us at this stage of our history. The French monarchy went broke financing our Revolutionary War and then taking part in it at the war’s last great battle with its huge fleet helping to defeat the British and forcing Gen. Cornwallis to surrender.

We keep more than a hundred thousand troops in Japan to supposedly back up Taiwan and protect Japan and to support our troops in South Korea. Both Japan and South Korea pay some of the cost of keeping the troops there. But we must borrow the rest of the money from China, who we’re defending Taiwan against, and China is North Korea’s great and only ally, except for Iran.


I’ll be keeping up with the series this week.  Horween’s hittin’ like a spiked bat.


Fix America Now (TSC)

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