Dick Morris (a former political consultant for Bill Clinton) had his credibility may be questioned (He predicted a landslide victory for the GOP and Romney in 2012). He also was fired at Fox news but found a position at CNN.
Morris talks about these type of things:
37% of voters think our best days are behind us
62% of voters think other countries are taking over us in important ways
In the world Economic Summit (The G20) we get only 1 vote out of 20 even though we produce 1/5th of the world's GDP. Morris claims the US is like Gulliver being tied up by the lilluputians.
Every other currency in the world permits you to trade freely on the global market (I can walk into a bank and trade 100 dollars for 70 Kenyan Shillings) except China. China manipulates its currency. The Yuan trades at 6.4 to the dollar, but it ought to trade at 4 to the dollar. Curently American products (Ipads, cars, etc) should be 40% cheaper in their country and would undercut their domestic market. How does China do it? It buys dollars. Our exports to China are way down (only 1% out of all exports).
The US gave Pakistan 4.4 billion in foreign aid in 2010 (1.2 percent of their GDP). Despite this 73% of Pakistani's look unfavorably on the US and 55% feel badly that OBL was killed. Pakistani allies hid OBL.
Afghanistan, the cost: 413 US soldiers since 2001. 10.9 billion in foreign aid, 1/3 of which is corrupted (bribbes, smuggled across borders, extortion). Afghanistan is the second most corrupt country on earth (only trailing lucky Somalia). The Karzai family is incidentally worth millions. Afghanistan is the world's leading producer of Opium.
Saudi Arabia is a monarchy. When they occasionally have an election only men can vote. It discriminates and abuses women. And it contains 10% of the world's oil. 15 our of 19 9/11 hijackers were from Saudi Arabia. 41% of foreign fighters in IraQ against our troops are Saudis. Hillary Clinton wrote that al-Qeda, Hamas, and other Jijadist raised millions of dollars from Saudi sources. Stuart Levy (treasury for terroism) suggested the one major thing to do to cut off funding for the Taliban--would be to eliminate money funneled from SA to the Taliban.
So what is the solution. Everyone knows we must become oil independent. Oil accounts for 75% of SA's revenues, 45% of its GDP, and 90% of its exports. If we don't buy SA oil, their economy will collapse and their political clout will diminish. In 1972 North America produced 11.5 million barrels of oil per day. Today we produce about 8 million barrels of oil per day. North Dakota alone could produce 2 million barrels of oil per day. Fargo could be the next Dubai! The US has the largest shale reserves in the world to Frack (worth 1.5 to 2.6 TRILLION barrels). Yes we would all like renewables (electric, wind, water)..but despite millions spent from stimulus such as Solyndra, renewables only account for 4% of energy output. The Keystone pipeline could pump 1.1 million barrels of oil per day and decrease our reliance on foreign oil by 20%. The other good news is thanks to more fuel efficient cars our Oil use is dropping (19.6 million barrels per day in 2000 to 18.7 million barrels per day in 2009). Oil independence is in reach! At least lets increase our production and decrease our consumption such that we can stop buying from our foes (Saudia Arabia, Venezuela) and continue buying from our friends (Canada, Mexico, Brazil).
THe US spend 7.7 billion on the UN last year. Where does all the money go? UN employees earn on average 238 k per year and got a 3% raise last year. The US pays 22% of the UN budget.
Foreign Aid to Africa. Dick Morris doesn't like it. It is ineffective. The countries that have lifted themselves out of poverty (China, India, Vietnam, South Korea, Singapore) have done it by selling goods and services. Massive infusions have gond into Kenya, South Africa, Haiti, Nigeria, and Ethiopia with nothing to show for it. Between 1980 and 2009 the US gave 97 countries foreign aid..23 had a net decline in GDP. 1/2 of foreign Aid to Africa leaves the country each year (ending up in the bank accounts of dictators and generals). Aid does not buy support (only about 20% of the countries we support vote with us in the UN) and it does not increase our favorability (We give Egypt 16 million..only 5% of their citizens look on the US with favorability).
What should we do? Hamid (author of Inside Jihad) suggests spending money on specific infrastructure: hospitals! I like that idea. Think of all the good that PEPFAR did under the Bush Administration to fight HIV in Africa. Giving handouts to rich dicators is no way to combat poverty.
130 countries spent 460 million on lobbying Congress. Why don't we prohibit any foreign country from lobbying Congress?
Why to we let former Senators and Congressmen become lobbyists? Since 1977 every Speaker of the House (Lott, Daschle, Dole) has become a high paying lobbyist after leaving Congress except one: Bill Frist (who I admire as a surgeon who has volunteered at Tenwek Hospital in Kenya).
Dick Morris didn't back off from jabs at Republicans (Newt Gingrich for being paid millions by Freddy Mac) or Democrats (like Gephart representing Turkey). I get so frustrated reading these books because it seems their are common sense things we should do (stop giving foreign aid to countries that can afford to loan us money!!!) that both D and R should agree on.
I like this book because Morris avoided issues like entitlement and military spending. Any decent American can have a rational view (that may widely varely) about how are revenue should be proportionately spent between entitlements and military. But I'd like to see our country be better stewards of hard earned tax payer money when it comes to giving to other countries...US revenue would be much better spent in the hands of NGO's and Humanitarian organizaitons (World Vision, SP, Rotary).
4 stars. I think both D's and R's could enjoy this book.