Washington Supports Ideology Based On Ethnic Purity

Comments Off
Filed under Opinion

(Original letter to editor published by FT.com on December 10, 2009)

Sir Tony Judt’s Column regarding Israel and its ethnic myth outlines a rational analysis of why Israel should have a one-state solution to the conflict over its right to exist (December 8).

I find it ironic that the US, a country founded on the principal of religious freedom, financially and militarily supports a movement whose ideology is based on the exact opposite: religious and ethnic purity. Is it not self-evident that this reach for religious and ethnic purity was the exact reason the Jewish population suffered terribly throughout history?

Does the Jewish population not understand the hypocrisy and disconnect to this mythical view of Israel?

The American Jewish lobby retains its power in American foreign policy by perpetuating this myth.

A one-state solution would totally diminish this power.

Eliot Cohen & Obama’s Foreign Policy

Comments Off
Filed under Opinion, Publications

Mr. Eliot Cohen’s column in the Wall Street Journal on the Obama foreign policy is spot on.

The real difference between campaign rhetoric and dealing with a complicated world is aptly illustrated by this administration. President Obama mastered the rhetoric of campaign slogans but has yet to demonstrate real changes as promised.

The administration is perfecting a storm of circular motion, appointments and proclamations that gives an only an illusion of progress. As a democrat, this is not what I hoped would for. Process is important, but results are what we need.

And The Financial Winner Is….Lebanon

Comments Off
Filed under Uncategorized

(Originally published by Financial Times on April 8, 2009 regarding the success of Lebanon’s financial / banking system)

In this age of financial winners and losers, a true winner has emerged with little or no notice - Lebanon.

Financial heavyweights like the US and Great Britain have seen their banks turned upside down by the economic meltdown. These “pillars” of the economic establishment were the driving forces of such financial wizardry as leverage and derivatives, and looked down on the mere mortals of the world who didn’t understand the “value creation” inherent in such financial vehicles. Well, those financial vehicles drove US and British banks right off a cliff.

At the same time, Lebanon, in a quite way, has emerged with one of the healthiest banking systems in the world. Why? Because of a variety of reasons, its banks neither over leveraged nor bought derivative-based financial products. As a result, these banks are growing, serving other countries in the Middle East region, and are poised to play an important role in future economic development.

For a country besieged by political turmoil, Lebanon deserves recognition for a “job well done”!

AIG Bailout & A Money Back Guarantee on Tax Dollars

Comments Off
Filed under Uncategorized

The calls for return of AIG bonuses is a clarion call for Americans to wake up, smell the coffee and expect a money back guarantee for their tax dollars.   Its a no brainer that bonuses for anyone in the financial products division of AIG should not receive a bonus for “performance” in 2008.

But let’s be consistent.  Our tax dollars have also compensated public officials such as  Barney Frank and Chris Dodd for their inspired leadership which certainly has been part of leading our country to this financial mess.

Yes, the same leaders who take sweetheart personal deals or campaign contributions and now want accountability from financial services firms.  Of course we want that accountability, but isn’t that  the pot calling the kettle black?

Our tax dollars also pay the salaries for the Obama administration which had the insight not to put certain constraints on the bail out program for financial institutions when they came into power. They want to blame President Bush for everything and I admit there is plenty to blame him for!  So should President Bush be asked to re imburse us for his incompetence?  Should Secretary Paulson be asked to re imburse us for his incompetence?

I thought responsibility started when Obama took office and had directed his transition team to examine how the TARP money should be allocated. They obviously missed the boat on the AIG bonus issue.

We should all wish that our political leaders adhere to the “money back guarantee” .  We should compensate truly deserving public servants which are many. The Obama administration should be careful what they ask for as the American public may ask for a money back guarantee from them.

Iraqdog Millionaires & Lack of US Financial Accountability

Comments Off
Filed under Uncategorized

You have to hand it to America. We can create a game show the whole world wants to play.  I am currently a guest speaker, at the Lebanese American University in Beirut, lecturing on American politics and economics.  I thought I had a thing or two to share with a generation of students coming of age as to the story of the greatest Democracy in the world.

Interestingly enough, the students wanted to talk about a new version of our popular TV show, “Who Wants To Be a Millionaire?”.  However, theirs is a version of reality TV that ironically never appeared on US television, or on the silver screen like Danny Boyle’s stellar Indian version. Their version is readily identified in the Middle East region, and yet sadly still hasn’t caused a real tremor in that great institution of Democracy - the U.S. Congress.

The game was very simple - the U.S. government poured billions of taxpayers’ money into the reconstruction of Iraq - a country that “W” thought was an affront & posed mortal threat to our game-show way of life. George would show his Father he had cajones and smarts.

The interesting part of this game is that the U.S. government made more private sector millionaires than the TV show could have done if it was on TV for the next millennium.

Oil revenues that our own Vice President Dick “Darth Vader” Cheney promised would be used to pay for the war, was a conduit for many American and Iraqi  ”entrepreneurs” to make themselves millionaires in the great American system of graft and corruption (a game brought to its highest form in the great State of Illinois, of which I am painfully aware).

Billions of dollars suddenly were not accounted for, our tax dollars thrown away after we went into a war that had no basis in truth.  The game was brilliantly simple - oil would be “SOLD” at standard prices to countries like Turkey, yet the entrepreneurial Iraqis and Americans gouged themselves on cuts of the profits.  But wait, the game got even better.

Remember, George “W” was our first President with an MBA?  The one who knew how to manage and delegate.  Well, he managed to delegate our tax dollars to corrupt “middle men” to siphon off billions of dollars that should have gone to either Iraq for relief and reconstruction, or to America for “freeing the Iraqi people.  The U.S. Congress had appropriated money for reconstruction, but failed to set in place a system for accounting for this money beforehand, and now we are still left to wonder “Where did the money go?”.

“Where is the outrage by the American citizens,” asks the Lebanese students?

“Couldn’t that money have been used to rebuild a part of the world desperately in need of reconstruction? What are the priorities of the U.S. Congress???? The same U.S. Congress who hold hearings every time a crisis emerges - like the hearings to find out if Mark McGuire & Barry Bonds were under the influence of illegal substances, and if they should be admitted into the Hall of Fame??  Gosh, I feel so much safer that my tax dollars continue to be spent responsibility by my Congress to address that critical issue of national economic security.

How about the White House?  President Barack Obama is considered the coolest guy in the universe over here by the students (a description that may be a bit overstated, but in comparison to Bush, Obama is godlike).   He asks that great man of few and simple words, Vice President Joe Biden to figure out how to help the middle class.  Vice President Biden was asked to head a task force to find out that the middle class is in deep trouble, is almost on the verge of extinction, and needs the help that’s already in the stimulus package.  Once again, the American taxpayers’ dollars at work.

What about the costs of all the “Special Prosecutors” in our history?   During the Clinton era, we had one put into place because our country really needed to know if Bill Clinton “had sex” with “that woman” - talk about the most expensive oral sex in the history of our country. Where is the indignity?  Where is the outrage?  Where do we get a refund??

The great American philosopher, W.C. Fields, aptly advised to “never give a sucker an even break.”  Maybe he had a premonition about where we as a country would evolve to.

Does anyone in the Congress and the Administration not get what students in Lebanon understand?? We have given rise to the greatest government-sponsored game show in the world - we give money, someone takes money, and we don’t care.

Returning to Lebanese American University - April 1-3

Comments Off
Filed under Uncategorized

I have been invited back to the Lebanese American University to continue the conversation with faculty  and students about the current American political & economic climate and its implications for the Middle East region.

Dates: April 1, 2, 3

Agenda forthcoming.

Middle East Lectures Covered by DailyStar.com

Comments Off
Filed under Uncategorized

My recent lectures at the Lebanese American University in Beirut, Lebanon were covered by a leading source of Middle East news and information on the Internet - the DailyStar.com.

I want to thank my hosts at the Lebanese American University for the opportunity to discuss these important topics, and the students for their spirited interest & contributions. I look forward to continuing the dialogue. Full article re-published below:

‘Obama intends to maintain the status quo’

Fellow democrat says new president’s sole focus is the US economy

By Andrew Wander
Daily Star staff
Thursday, March 05, 2009


BEIRUT: For a man who counts US Vice President Joe Biden, former President Bill Clinton and Democratic presidential candidate Al Gore among his friends, Joe Cari offers a refreshingly frank point of view on President Barack Obama’s commitment to peace in Middle East.

With an extensive knowledge of Democratic politics, Cari is ideally placed to guess the direction that the new administration will take. “The status quo, or no eruption, is what Barack Obama wants,” he says, adding that the new president is intent on focusing all his energies on dealing with what he terms the “economic calamity” in the US.

He has nothing personal against Obama. After all, they are both Democrats who cut their teeth in the pressure cooker of Chicago, a city famed for its brutal political scene. “I like Barack,” he smiles, as he speaks to students at the Lebanese American University in Beirut, where he is giving a series of talks on the new administration.

But he believes that the writing was on the wall for the Middle East from the second Obama picked Joe Biden as his running mate. “Joe’s views on Israel are in concrete,” he says. According to Cari, Biden’s appointment was the “first signal” that Obama’s priorities lay away from the region.

He says the subsequent appointments made by the new president carry their own message. He admits the special envoys to the region Obama chose have experience, but he worries it’s the wrong sort. “I would argue that this is a missed opportunity because we brought people in who have preconceived ideas,” he says of the appointment of George Mitchell, Dennis Ross and Richard Holbrooke.

“The one thing that I like is that they have reached out to Syria,” he says. But even this, he adds, is with an eye on maintaining rather than changing the situation in the Middle East. “The real reason that they started talks with Syria is to keep the status quo,” he says.

For a president who came to power promising change, it is a damning appraisal from the perspective of those who live, and suffer, in the region. But Cari insists that it is accurate. “The US will just try to keep the lid on things for some period of time,” he says, while Obama focuses on “economics, economics, economics.” He also has a theory that the powerful Jewish lobby in the US doesn’t want to see an end to the Israeli-Palestinian conflict. “The Jewish community in the States wants to perpetuate the conflict because that way they are more powerful,” he says, after pointing out that despite making up only 4 percent of the population, Jews make 60 percent of the donations to US politicians. “They keep the conflict going because they are an institutional power,” he says.

He points to how donations are split between the parties.

“The Jewish community is strategic,” he says. “There is support for both sides to ensure they have a seat at the table.” And he warns that if another conflict in the region did erupt, it would be Obama’s “worst nightmare,” because it would distract him from America’s economic woes. “It would force him to spend time on an issue that he doesn’t have time to spend time on right now.”

Joseph Cari Jnr. is a man with a huge experience of US politics.

His career has spanned philanthropy, law and business, as well as working on every presidential campaign between 1980 and 2000. He has not escaped unscathed from the bitter political battles he has been involved in.

For a time, he was facing a potential prison sentence after pleading guilty to one count of extortion in the Rezko corruption scandal in 2005. But he maintains that he was the target of a politically motivated prosecution initiated by the Bush administration.

“I was in the wrong place, for the wrong time, for the wrong reasons,” he says. “I learned from it and have gone on.”

He’d rather talk about the future than the past. He believes that Obama compromised unnecessarily on the recent $787 billion stimulus package designed to help kickstart the US economy. The version of the stimulus package that got through the House, he says, will have “worldwide repercussions” on a crisis that has reached unprecedented proportions.

“I’m afraid the stimulus package isn’t going to work,” he warns, saying that the economic crisis has changed America’s view of itself.

“We were founded on the belief that the next generation would do better than ours. For the first time in a very long time, that is no longer the case.”

He talks of a triangular relationship between India, China and the US at the head of the future world economy.

“The most important relationship is with China,” he says. “The ties that we have with Western Europe will carry on, but won’t be that important.” But he believes that closer ties with China won’t mean the US will use its leverage to persuade Beijing to improve its human rights record.

“America lost its moral authority to talk to others about human-rights violations with Guantanamo Bay,” he says.

But while his vision of Obama’s America is one chastened in foreign-policy terms by the economic meltdown, he argues that there wouldn’t be an Obama administration at all if the financial crisis had not struck.

“If it had stayed a foreign-policy election, it would be President McCain,” he says. He believes that the neoconservative approach to spreading democracy in the Middle East - which he believes was a mistake of “biblical proportions” - is dead. “Obama will promote democracy in a way that a country can define its democracy,” he says.

But despite his call for a reality check on expectations of what Obama will achieve in the Middle East, Cari says he remains optimistic.

“History has shown that a single good idea, over time, changes the world,” he adds, citing the example of Rosa Parkes, the African American woman who refused to give up her seat on a bus to a white man in 1955.

“Her single act sparked a civil-rights movement that culminated in an African-American president,” he says. “A single act, a single thought, can change history.”

Fundamental Shifts In American Psychology, Economic Implications

1
Filed under Uncategorized

The economic decline in the United States has the potential to undermine what I believe to be the three fundamental “pillars” of American psychology that formed the basis of our nation.

Historically, America is the nation of

  • trust in government institutions
  • belief that quality of life increases with each next generation
  • immigrant-driven cultural enrichment and economic expansion

How we handle the challenges currently facing our country will definitively re-affirm, destroy, or re-define these fundamental pillars.
Trust In Government Institutions

Trust in government institutions began to break down while the country was caught in the throes of the Viet Nam War, the Nixon sandal, and a succession of lies by various political leaders during the 1960s and early ‘70s.  The baby boom generation was the first not to buy into the idea that government serves a greater good, and is therefore deserving of trust and respect.

A new generation now mistrusts the non government institutions of Wall Street and corporate America that one could argue affects peoples’ lives on a day to day basis much more than government.  Generations of Americans joined corporate America believing that it was a two way bargain - one’s dedication to a company and its goals would be rewarded by the company’s loyalty being reciprocated to the employee in the form of a job for life (or as long as one could expect in a capitalistic society).

Wall Street is now in chaos and companies are laying off white and blue collar workers in staggering numbers and with unbridled velocity.  The current generation’s coming of age will watch their parents grapple with unemployment and financial hardship unseen in this country since the great depression.  The natural conclusion is distrust of the financial markets and a disillusionment that results in more entrepreneurship, smaller corporate organizations, and a realization that a good education alone will not ensure meaningful employment.

Perhaps this generation will understand the global economy much better than the baby boomers and respect the fact we are all in the same ballgame no matter where one lives.  Learning other cultures and languages will be a mandatory skill set for success in coming generations.

The Next Generation Will Be Better Off Than The Previous One

The belief that each subsequent generation will have a better economic life is now up for grabs. No one of sane mind can buy into this aging dream given current circumstances.  Fear and trepidation are normal responses to our economic dilemma.  The silver lining may be that we go revisit and redefine what it means to have a better life.

Is it possible that new generations will see that the pure chase for economic freedom is folly (since it really doest exist)?  And that maybe life is defined within the concepts of community, artistic expression, family or internal beliefs no matter what faith one follows?  Or, does the coming generation reflect on this for a nano second, and come to the conclusion that I better get mine while I can?  Stark choices indeed, but our children are presented with these two completely different roads to follow.

Immigrants Enrich Our Culture And Expand Our Horizons

Immigration is the third threatened pillar of the American psyche.  Wave after wave of immigrants have come, rolled up their sleeves and worked because the American dream was a goal worth pursuing – and our country benefitted from each wave of immigrant families.

While various attempts have been made to limit immigration based on the false God of keeping more jobs for real Americans (whatever that means), we now face the opposite challenge to keep the America dream alive – if America ceases to be the land of opportunity, why will the next wave of immigrants come?

If we allow these fundamental American pillars to erode, it’s possible that workers around the world will come to the conclusion that the opportunities in the United States are not worth the sweat and perseverance needed to succeed here.  This scenario would slowly deplete the United States of one of its greatest assets - new immigrants who keep re-affirming the American dream for future generations while stabilizing the base of our economy.

I must admit that when I first started thinking about writing this piece I was starting from the point that we are a nation in decline, not just because of the current economic calamity but because the pillars we so believed in are up for grabs.

I am the product of the immigrant dream.  All four of my grandparents came here from Italy with nothing more than a dream of a better life.  My parents were the first in their families to finish high school, college and, in my dad’s case, medical school.  The American dream was as much a part of growing up for me as a bowl of my mom’s spaghetti!

As I reflect on the demise of my country, I think of my daughter and her friends filled with energy, creativity and a work ethic.  They give me hope, maybe I am too pessimistic?  Maybe the generation coming of age now (18 to 25) give us a better shot to continue the America dream as these socially oriented young adults use their ingenuity to adapt to these times,
use the very three pillars I wrote about as guide posts, and come with their very own interpretation of the America dream?

Now, what could be more American than that?

Upcoming Lectures at Lebanese American University in Beirut Lebanon

Comments Off
Filed under Uncategorized

In March 2009, I will give a series of presentations at the Lebanese American University in Beirut, Lebanon covering several aspects of American Presidential politics, economics, and US foreign policy.

I am very excited at the opportunity to engage with students and faculty in Lebanon, and begin a productive dialogue with thought leaders in the Middle East region.

Please see the below invitation from Sami E. Baroudi, Associate Professor of Political Science, for the schedule of events & details on subjects covered.

 

Monday: March 2, 2009

4:00pm in IRWIN CONFERENCE ROOMS, Beirut campus to be followed by reception.

Featured presentation by Mr. Cari on “The Obama Economic Stimulus Package: Local and Global Dimensions.”

Press will be invited to cover event.

 

Tuesday: March 3, 2009

12:00 Noon Tour of the Byblos campus, presentation, and lunch.

Featured presentation by Mr. Cari on “New Directions in US Foreign Policy under the Obama Presidency”.

 

Wednesday: March 4, 2009

12:00pm - 2:30pm in IRWIN Hall Conference Rooms to be followed by lunch with Chair of Department of Social Sciences & Political Science & Journalism faculty in Faculty Lounge.

Featured presentation by Mr. Cari @ 1pm: “The influence of the pro-Israel lobby on US politics: How Obama won the Presidency”.

Press will be invited to cover the event.

 

Friday: March 6, 2009

2:10pm in Sami Baroudi class on “Foreign Policy of Major Powers” in IRWIN HALL Conference Rooms.

Featured presentation by Mr. Cari: “New Directions in US Foreign Policy Under the Obama Presidency”.

LAU Journalist students will be invited to write a story about lecture.

 

For more information, please see the LAU website:

Lebanese American University Calendar of Events.

A Marshall Plan For Palestinians

Comments Off
Filed under Uncategorized

On December 17, 2008, the Financial Times published my Op Ed piece in response to an article written by Salam Fayyad, prime minister of the Palestinian National Authority, entitled Business Can Help Unlock Palestine’s Potential.

As stated, “True economic development for Palestinians is a critical component of a long-term solution to this ongoing conflict. Economic opportunity fuels hope, education and reforms needed to structure a lasting peace. A comprehensive economic plan for the region with a scope much like the Marshall Plan supported by the world-wide community is needed. A “patchwork” approach will not have the necessary scale to solve one of the critical components of this conflict.”