In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking.
What is equally shocking, but not surprising: not a single member of the media mob has a rudimentary-enough level of financial market literacy to spot her remedial error.
To reiterate: under @POTUS, the United States delivers for America’s trusted partners.
For a fuller explanation, I recommend Senator Warren take any entry level course in international finance for her and her staff, or I can personally give her a tutorial on Foreign Exchange for Dummies. Although I am not holding my breath, I hope her next letter will demonstrate that she has learned the difference between a currency purchase and a swap or a loan.
BREAKING: The Australian Labor government may be about to put one of the ISIS brides on the NDIS.
A court heard today that an ISIS member who returned to Australia last year could not attend anti-terrorism programs because she's been dealing with a potential diagnosis of multiple sclerosis.
So she's apparently disabled now. Not disabled enough to prevent her from flying to Syria and marrying multiple ISIS members - but possibly disabled enough to access the National Disability Insurance Scheme.
This is what our tax payer dollars pay for - bringing literal ISIS members to Australia and paying for all their welfare needs.
What a country, what a system.
It's like a permanent national humiliation ritual
We had a good thing, Britain.
A really good thing.
You taught us this game. Mahan studied you. We just wrote bigger checks.
The deal was simple. We spend the trillions. Fight the hard wars. We even let you sit out Vietnam. And you? You hold the chokepoints you already own. You run Lloyd’s. Ships in the narrows, insurance on the hulls.
That’s all you had to do and we would back your interests with the strongest military and financial markets in the world.
That was the deal.
Now look at you.
You gave up Aden. Fine. You kept Diego Garcia so we could reach it with bombers. Now you’re giving that away too. To a Chinese client state.
You built Israel to guard Suez. Now your Foreign Secretary threatens to arrest their PM.
You built a base nearby to back it up. Iran hit your base in Cyprus. You didn’t have one warship in the Mediterranean. Spain got there first. Spain.
You gave up Hong Kong but backed Taiwan. Now you’re letting China build the largest embassy in Europe on top of London’s fiber-optic cables. We gave you Five Eyes. You gave Beijing a SIGINT platform in the heart of the City.
Gibraltar. Three hundred years. Actual sieges. Now the Spanish run your border checks.
You lost South Africa but kept the Falklands so we can overfly the Magellan Strait. Argentina could probably take that with rowboats today.
Your king kept ownership of the Canadian, Australian and New Zealand navies to fill the gaps. Those navies are now a laughing stock.
Your warships and bombers patrolled the GIUK gap. Now you don’t have enough but you also don’t want us buying Greenland. Fine. You do it. With what?
We gave London the @IMOHQ to regulate shipping, you backed the EU agenda to carbon tax every ship to build woke UN slush fund.
Iran closed Hormuz. In the ‘80s, 540 ships got hit. Lloyd’s never blinked. Because your navy was there. Now Lloyd’s cancels. Because it isn’t.
You scrapped your only amphibious ships. Sold them. To Brazil. You have more admirals than warships.
You built two light carriers but they keep springing leaks and you don’t have enough escort ships to support them.
The English Channel. Stopped Napoleon. Stopped Hitler. Now you can’t stop rubber dinghies.
You had one job.
Have the warships, diplomatic backbone and insurance to support shipping through the straits.
That’s it. That’s all we asked.
And you blew it. Chokepoint by chokepoint. Called it progress.
Now hundreds of ships are stuck in the Persian Gulf and the world is blaming us.
But that’s ok. All those solar panels you bought from China will keep you warm in that dreary weather I guess.