<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
		xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>Bearing Drift: Virginia&#039;s Conservative Voice &#187; Amit Singh</title>
	<atom:link href="http://bearingdrift.com/author/Amit/feed/" rel="self" type="application/rss+xml" />
	<link>http://bearingdrift.com</link>
	<description></description>
	<lastBuildDate>Sun, 27 May 2012 02:40:38 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
	<copyright>Copyright © Bearing Drift: Virginia&#039;s Conservative Voice 2011 </copyright>
	<managingEditor>jim.hoeft@bearingdrift.com (J.R. Hoeft)</managingEditor>
	<webMaster>jim.hoeft@bearingdrift.com (J.R. Hoeft)</webMaster>
	<ttl>1440</ttl>
	<image>
		<url>http://bearingdrift.com/wp-content/uploads/bearing-drift-square.jpg</url>
		<title>Bearing Drift: Virginia&#039;s Conservative Voice</title>
		<link>http://bearingdrift.com</link>
		<width>144</width>
		<height>144</height>
	</image>
	<itunes:subtitle></itunes:subtitle>
	<itunes:summary>News and commentary about politics from Virginia&#039;s Conservative Voice!</itunes:summary>
	<itunes:keywords>Politics, News, Virginia, Republican, Democrat</itunes:keywords>
	<itunes:category text="News &#38; Politics" />
	<itunes:category text="Government &#38; Organizations" />
	<itunes:author>J.R. Hoeft</itunes:author>
	<itunes:owner>
		<itunes:name>J.R. Hoeft</itunes:name>
		<itunes:email>jim.hoeft@bearingdrift.com</itunes:email>
	</itunes:owner>
	<itunes:block>no</itunes:block>
	<itunes:explicit>no</itunes:explicit>
	<itunes:image href="http://bearingdrift.com/wp-content/uploads/bearing-drift-square.jpg" />
		<item>
		<title>Leading by Example</title>
		<link>http://bearingdrift.com/2012/03/12/leading-by-example/</link>
		<comments>http://bearingdrift.com/2012/03/12/leading-by-example/#comments</comments>
		<pubDate>Tue, 13 Mar 2012 02:37:00 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[International]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=30817</guid>
		<description><![CDATA[We must provide justice to those who were massacred even if it is difficult.]]></description>
			<content:encoded><![CDATA[<p>Sunday morning a man walked into his home to find his wife, 8 <strong>children</strong> and 2 other relatives dead.  His family was not a part of the insurgency but were <a href="http://www.washingtonpost.com/world/taliban-vows-revenge-for-killings-by-us-soldier/2012/03/11/gIQAppTC7R_story.html">mercilessly killed by an American soldier</a> possibly under the influence of alcohol for a reason still unknown.  The damage this tragedy has done will not only put more US troops at risk but also emboldens the Taliban’s recruitment and strength.  The Right loves to tell us that the terrorists “hate our freedoms,” which is a ridiculous notion, because they don’t even know what our freedoms (what’s left of them) are.  Like <a href="http://bearingdrift.com/2012/02/25/2-more-americans-killed-in-afghanistan-wheres-our-apology-from-karzai/#comment-81616">I have said before</a>, they hate us because we are on their land and we are not welcome.  The longer we have troops abroad, the more likely incidents of Quran burnings, urinating on corpses, and drunken massacres will put our brave men and women in greater peril.</p>
<p>America needs to show the world and ourselves that we still stand for justice.  A proper investigation needs to occur and if found guilty an appropriate punishment must be dealt.  The anger of the grieving family will not go away with a fair punishment but an honest and transparent trial will show the Afghans we are not evil and unjust.  We may never recover from this catastrophe but we cannot let that prevent us from being the great country that we are. </p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/03/12/leading-by-example/feed/</wfw:commentRss>
		<slash:comments>36</slash:comments>
		</item>
		<item>
		<title>Declaring War, What Is It Good For?</title>
		<link>http://bearingdrift.com/2012/02/26/declaring-war-what-is-it-good-for/</link>
		<comments>http://bearingdrift.com/2012/02/26/declaring-war-what-is-it-good-for/#comments</comments>
		<pubDate>Mon, 27 Feb 2012 03:52:52 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Iran]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=29906</guid>
		<description><![CDATA[What's wrong with following the Constitution when deciding to start a war?]]></description>
			<content:encoded><![CDATA[<p>According to the Constitution (remember that document?) <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a> gives the power to declare war to the Congress not the Executive Branch and with good reason.  The decision to go to war should not be done lightly or by a handful of individuals who do not have the personal burden of sending a family member or loved one to fight.  Congress was explicitly given the huge responsibility for declaring war not only because they best represent the people but also to allow for proper debate on the pros and cons of the declaration and determine the success criteria of the military action.  </p>
<p>The rhetoric around Iran consistently indicates a war is going to happen at some point but no one expects there to be a declaration of war when it begins.  The US has declared war 5 times since adopting the Constitution and has won every time it did so.  The last time the US declared war was World War II and since then has had military engagements in Korea, Vietnam, Cambodia, Cuba, Angola, Panama, Laos, Kosovo, Iraq, Afghanistan and Libya (maybe a few others I left off).  Most of our post WWII endeavors did not go as planned either because the country was not fully committed and/or the scope of the mission kept expanding.  Once the US and/or Israel attacks Iran, will the mission be complete after their nuclear program is destroyed?  Or will we also have to ensure the Ayatollahs are replaced with democratically elected leaders? And what if the former members of the IRGC start a civil war?  At what costs are Americans ready to pursue another war?</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/02/26/declaring-war-what-is-it-good-for/feed/</wfw:commentRss>
		<slash:comments>25</slash:comments>
		</item>
		<item>
		<title>Digital Police State</title>
		<link>http://bearingdrift.com/2012/02/19/digital-police-state/</link>
		<comments>http://bearingdrift.com/2012/02/19/digital-police-state/#comments</comments>
		<pubDate>Sun, 19 Feb 2012 14:22:03 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[1984]]></category>
		<category><![CDATA[police state]]></category>
		<category><![CDATA[SOPA]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=29551</guid>
		<description><![CDATA[Big Brother may not be as expensive as we may think.]]></description>
			<content:encoded><![CDATA[<p>In the first 2 miles of my commute every morning there are 3 speed cameras, all strategically placed to achieve the highest amount of revenue for the District of Columbia.  After receiving $600 in speeding tickets in the past month it got me wondering, how much would it cost using today’s technology to implement an Orwellian style surveillance system.  With GPS receivers at $30/each, HD video cameras at $35/each and RFID tags at $10/each, cell phone tracking and facial recognition software, it is conceivable to me that for a mere $25 billion dollars (<a href="http://www.whitehouse.gov/ondcp/the-national-drug-control-budget-fy-2013-funding-highlights">less than what is spent on the War on Drugs</a>), the US govt could monitor and track the movements of every man, woman and child in America.  With the constant and aggressive <a href="http://en.wikipedia.org/wiki/Patriot_Act">dismantling of the Fourth Amendment in the name of “security”</a>, why is it so implausible to think that a few “concerned” politicians couldn’t make a <a href="http://www.dhs.gov/files/laws/gc_1172765386179.shtm">case for national ID cards</a> embedded with RFID and GPS tracking on every vehicle?  </p>
<p>Of course I don’t think the American public even with the very real threats of terrorism and issues with illegal immigration would subject themselves to such abuses of their privacy but unlike the past, technology has actually made the monitoring of millions of people possible at a relatively affordable cost.  What I suspect will happen is that much of the surveillance will get implemented incrementally with convenient excuses to justify each step such as <a href="http://www.popularmechanics.com/technology/how-to/4258805">cell phone tracking for 911 calls</a>, <a href="http://www.informationweek.com/news/202400922">GPS tracking for stolen cars</a>, and <a href="http://community.seattletimes.nwsource.com/archive/?date=20030428&amp;slug=ortega28">facial recognition to locate fathers behind on child support</a>.  Over time we will be like the frog who hasn’t realized they are in boiling water because it happened so gradually.  Luckily though, I am not aware of anyone who has developed criminal prediction techniques likes those in the Minority Report!</p>
<p><img src="http://www.2ndrevolt.com/img/media/filter/m/img/1984_facebook_beats_bigbrother.jpg" alt="Facebook schooling Big Brother" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/02/19/digital-police-state/feed/</wfw:commentRss>
		<slash:comments>12</slash:comments>
		</item>
		<item>
		<title>Virginia could be Ron Paul&#8217;s first win</title>
		<link>http://bearingdrift.com/2012/02/12/virginia-could-be-ron-pauls-first-win/</link>
		<comments>http://bearingdrift.com/2012/02/12/virginia-could-be-ron-pauls-first-win/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 16:07:33 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Virginia]]></category>
		<category><![CDATA[gop delegates]]></category>
		<category><![CDATA[Ron Paul]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=29340</guid>
		<description><![CDATA[Don't be surprised if Ron Paul pulls out a win in Virginia]]></description>
			<content:encoded><![CDATA[<p>Many Ron Paul supporters including Ron Paul himself had hoped yesterday’s Maine caucuses would deliver the Paul campaign’s first victory.  Given that Romney seems to be back on a roll with the <a href="http://bearingdrift.com/2012/02/11/romney-convincingly-wins-cpac-straw-poll/">CPAC Straw Poll</a> and <a href="http://bearingdrift.com/2012/02/11/breaking-romney-wins-maine-caucuses/">Maine caucus</a>, supporters for Santorum and Gingrich in Virginia will be forced to vote for Ron Paul to reduce the proportion of VA’s 46 delegates to the national convention since only Romney and Paul are on the ballot and write-ins are not allowed.  To further prolong the primaries and keep doubts about Romney’s base support, many Democrats may switch over to vote in the open primary to push Ron Paul over the edge for his first victory.  </p>
<p>The media will be quick to point out that a Ron Paul victory in Virginia was more an anti-Romney vote than pro-Paul and they would be right but the Paul campaign from the beginning has been focused on gathering delegates and not outright winning the primaries.  An <a href="http://www.slate.com/blogs/weigel/2012/02/08/ron_paul_secretly_won_the_caucuses.html">underreported storyline</a> is how the Paul’s campaign from 2008 has stayed involved with local GOP precincts and has outmaneuvered the other campaigns with detailed knowledge and commitment to the complex delegate processes (many catered for a Romney funded campaign) and may in fact be winning the delegate count despite not getting the votes.  Paul’s approach is not being kept secret as <a href="http://www.youtube.com/watch?v=9x28_I9oIVg">Rachel Maddow of all people points out</a> but is being ignored by other outlets which just might make Tampa a little more interesting than expected.</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/02/12/virginia-could-be-ron-pauls-first-win/feed/</wfw:commentRss>
		<slash:comments>79</slash:comments>
		</item>
		<item>
		<title>Repealing the Fourth Amendment</title>
		<link>http://bearingdrift.com/2012/01/01/repealing-the-fourth-amendment/</link>
		<comments>http://bearingdrift.com/2012/01/01/repealing-the-fourth-amendment/#comments</comments>
		<pubDate>Mon, 02 Jan 2012 02:52:20 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Fourth Amendment]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=27503</guid>
		<description><![CDATA[Where is the outrage from the Left after Obama allows the indefinite detention of American citizens without due process?  How does Obama surpass Bush's GITMO and get away with it?]]></description>
			<content:encoded><![CDATA[<p>In another blow to the US Constitution, as his last act of 2011, <a href="http://abcnews.go.com/blogs/politics/2011/12/with-reservations-obama-signs-act-to-allow-detention-of-citizens/">President Obama signed the 2012 National Defense Authorization Act (NDAA)</a>, which will allow for the military to detain American citizens indefinitely without charging them.  What is more deafening is that Obama’s liberal supporters who wanted GITMO closed are eerily quiet on the issue.  While citizens in the Middle East are rising up against their oppressive leaders, we seem to be in the infancy of creating a police state with the complacency of the American people.</p>
<p>Given the death of Osama Bin Laden and the <a href="http://defensetech.org/2010/07/01/intel-officials-estimate-al-qaeda-numbers-fewer-than-500-operatives/">estimates of only a few hundred Al Qaeda members active worldwide</a>, it is strange that such a severe measure was deemed necessary by Nobel Peace Prize winner, Barack Obama, even when told by two 4-star Marine generals that the bill was “<a href="http://www.nytimes.com/2011/12/13/opinion/guantanamo-forever.html">misguided and unnecessary</a>.”  A few years from now, how easily will this act allow for the military to indefinitely detain American citizens for doing the following:<br />
-	Drug and Human Trafficking<br />
-	Joining a local Tea Party chapter<br />
-	Demonstrating at an Occupy rally<br />
-	Posting on a blog (uh oh, watch out Jim!)</p>
<p>The loss of civil liberties is a slippery slope and is typically justified with the rare examples of extreme behavior.  Does anyone doubt the United States had a rock solid case against Anwar al-Awlaki?  But instead of trying him in a civilian court, he was tried in absentia by the Yemeni govt and then assassinated by an unmanned drone.  Since when as Americans did we allow the outsourcing of our judicial system?</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/01/01/repealing-the-fourth-amendment/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Why Wait?</title>
		<link>http://bearingdrift.com/2012/01/01/why-wait/</link>
		<comments>http://bearingdrift.com/2012/01/01/why-wait/#comments</comments>
		<pubDate>Sun, 01 Jan 2012 16:25:26 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Iran]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=27491</guid>
		<description><![CDATA[Is there a better way to prevent Iran from being a threat to the world?]]></description>
			<content:encoded><![CDATA[<p>The conventional wisdom from most of the GOP presidential candidates is that under no circumstances should Iran be able to develop a nuclear weapon. So, should we expect if one of them defeats Obama, that in the first 100 days of their administration they will perform a tactical strike on Iran?  Let’s assume for a minute that a tactical strike is successful in disabling Iran’s nuclear capability.  What do we expect will happen next?</p>
<p>   A) Iran will go into submission and maybe an Arab Spring-like uprising will topple the Ayatollahs.<br />
   B) Iran will start proxy wars quietly assisted by opportunistic countries (i.e. Russia, China, Venezuela) all over the world to bleed America and Israel.<br />
   C) Iran will attempt to close the Straits of Hormuz causing more direct US military involvement.<br />
   D) Iran will purchase nuclear weapons directly from North Korea or Pakistan.<br />
   E) Iran will purchase nuclear weapons directly from China or Russia.</p>
<p>The excuse given to stop Iran’s nuclear program “at any cost” is typically the notion that as soon as Iran has a weapon they will “wipe Israel off the map”.  But interestingly <a href="http://www.washingtontimes.com/news/2011/dec/29/israeli-spy-chief-downplays-iranian-nuke-threat/">Mossad does not seem as worried</a> as we are.  Is it plausible that our GOP presidential candidates know more about Israel’s security situation than Israel’s top intelligence officer?  Perhaps the Mossad knows that Israel cannot be blown off the map with a few nuclear weapons and that the 100% chance of nuclear retaliation that would make Shock and Awe look like a video game, is a deterrent even for the Ayatollahs and their problem child, Ahmadinejad, who had to be <a href="http://www.huffingtonpost.com/2011/01/03/ahmadinejad-slapped-wikileaks_n_803685.html">bitchslapped</a> for suggesting the Iranian people should have more freedoms.  </p>
<p>To be clear, the debate is not whether we should want or not want Iran to have nuclear weapons but rather to what extent should the US go to prevent Iran from developing one.  Will the American foreign policy of pre-emptive strikes prevail or can the most powerful nation on the planet find an economic and diplomatic solution?</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2012/01/01/why-wait/feed/</wfw:commentRss>
		<slash:comments>26</slash:comments>
		</item>
		<item>
		<title>Are you fringe?</title>
		<link>http://bearingdrift.com/2011/12/25/are-you-fringe/</link>
		<comments>http://bearingdrift.com/2011/12/25/are-you-fringe/#comments</comments>
		<pubDate>Sun, 25 Dec 2011 16:47:39 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Five Questions]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[war on drugs]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=27291</guid>
		<description><![CDATA[Which positions make someone fringe or mainstream?  Is common sense dead?]]></description>
			<content:encoded><![CDATA[<p>According to the MacMillan dictionary, fringe is defined as “people or activities that are considered strange or extreme” so I thought I would ask what positions make a person “fringe”.</p>
<p>1) To balance the budget and get the United States out of debt, which is currently considered our largest national security threat, which would you prefer:</p>
<blockquote><p>A) Cut absolute Federal spending immediately to prevent any more borrowing from nations such as China and then continue spending cuts in the future to start paying off the debt.<br />
B) Reduce the acceleration of increased spending in turn hoping that increasing the debt at a slower pace will help grow the economy by over 40% to cover our current overages and eventually start paying off the debt.
</p></blockquote>
<p>2) When it comes to the well being of our citizens, how should the Federal government handle health and moral concerns:</p>
<blockquote><p>A) Delegate to the states to experiment and cater rules and regulations best suited for their populations and enabling the migration of citizens to states most in sync with their personal views.<br />
B) Allow the Federal govt to dictate a “one-size fits all” solution that puts the burden on the individual states for enforcement and imprisonment for failure to comply with laws the majority of the citizens of the state may not agree with.
</p></blockquote>
<p>3) To foster peace, prosperity and democracy in the Middle East, what should the United States foreign policy in the region be:</p>
<blockquote><p>A) Create economic and diplomatic ties with every country in the region and use America’s consumer market to create financial incentives for goods and services from the Middle East while simultaneously opening up markets for American exports creating jobs in the U.S.  Leverage the trade relationship to influence Middle East leaders and their newly created middle-class to cooperate with the West on terrorism and nuclear proliferation.<br />
B) Preemptively attack every nation on the brink of developing a nuclear weapon (but not Pakistan because they already have a weapon and they are our “friends”) and isolate those countries with sanctions and restricted military movements.  Once said country has been toppled, occupy country until democracy is restored (even if it was there before) and rebuild and improve any infrastructure damaged during the attack at American taxpayer expense.
</p></blockquote>
<p>4) To enable and foster the Free Market, which should the Federal govt adopt:</p>
<blockquote><p>A) Allow for competing currencies, which are backed by a variety of commodities and are less susceptible to inflation, pyramid schemes, bubbles and currency manipulation by foreign counties.<br />
B) Centrally manage the economy with a few Keynesian economists that set interest rates once every 3 months but can also inject huge sums of paper money into failing banks to purchase additional bad debts.
</p></blockquote>
<p>If you chose “B” to all 4 questions then congratulations, you are not a fringe citizen in our society.  What you believe in is not challenged and you are happy because the status quo is what you want so it really doesn’t matter what happens in the next few election cycles because things will generally be going your way.</p>
<p>If you chose “A” to all 4 questions then our condolences because you are simpleton that doesn’t understand how the world or logic works.  You probably are a racist who own more than one gun, believes in all sorts of conspiracy theories and wants to smoke pot all day.</p>
<p>If you chose a mixture of A and B, then you’re a confused soul that is easily swayed by the media and choose who you vote for based on important criteria such as “which guy can I have a beer with” and “boxers or briefs”.</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/12/25/are-you-fringe/feed/</wfw:commentRss>
		<slash:comments>20</slash:comments>
		</item>
		<item>
		<title>So Easy Even A Billionaire Can Do It</title>
		<link>http://bearingdrift.com/2011/08/15/so-easy-even-a-billionaire-can-do-it/</link>
		<comments>http://bearingdrift.com/2011/08/15/so-easy-even-a-billionaire-can-do-it/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 01:40:43 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=23669</guid>
		<description><![CDATA[Why ask for higher taxes for yourself when you can just donate the money?]]></description>
			<content:encoded><![CDATA[<p>Warren Buffett’s <a href="http://www.washingtonpost.com/wp-dyn/content/article/2006/06/25/AR2006062500801.html">statement today</a> requesting to be taxed more will be repeated over and over again by <a href="http://www.cnn.com/2011/OPINION/08/15/gale.taxes.deficit/">anyone trying to justify why we need to raise taxes</a>.  While it took Mr. Buffett only 80 years to come to this epiphany, somehow it has escaped him that he does not need Congress to tax him more to get his money.  Warren can simply donate online whatever extra he wants to gives via <a href="https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454">Pay.gov to pay down the debt</a> or several other options.  Perhaps if he actually donated a few extra million a year for a few years in a row, I would have more respect for his statements.  Personally I much rather have billionaires such as himself follow the lead of <a href="http://www.gatesfoundation.org">Bill and Melinda Gates</a> and use their business acumen to start philanthropic organizations that are efficiently run and focus on delivering results.  I greatly admire Warren Buffett for <a href="http://www.washingtonpost.com/wp-dyn/content/article/2006/06/25/AR2006062500801.html">donating most of his wealth to the Gates Foundation</a> and find it odd that he thinks the U.S. government can use his money more effectively.</p>
<p>Perhaps Buffett is thinking about his legacy but I will remember him for funny Geico commercials. </p>
<p><img src="http://bearingdrift.com/wp-content/uploads/geico1.jpg" alt="" width="193" height="261" class="alignleft size-full wp-image-23671" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/08/15/so-easy-even-a-billionaire-can-do-it/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Unbalanced Budget Amendment</title>
		<link>http://bearingdrift.com/2011/08/14/unbalanced-budget-amendment/</link>
		<comments>http://bearingdrift.com/2011/08/14/unbalanced-budget-amendment/#comments</comments>
		<pubDate>Sun, 14 Aug 2011 14:23:36 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=23628</guid>
		<description><![CDATA[A balanced budget amendment without a proper monetary policy will cause more damage.]]></description>
			<content:encoded><![CDATA[<p>Most Republicans are pushing for a Balanced Budget Amendment as one of the ways to reign in spending, but without a corresponding monetary policy to support the amendment, the country will go into hyper-inflation.  Unlike the 49 states that have a balanced budget amendment, none of them create their own currency, so they are forced to truly make difficult decisions and balance their budgets.  However at the National level, the Treasury and Federal Reserve gives Congress an outlet to “balance” the budget by creating money out of thin air.  The resulting bloat of the dollar supply in turn would feed hyper-inflation and cause a vicious downward spiral.  </p>
<p>The new fiscal year is just 45 days away and the chances of passing a budget, much less a balanced one, is virtually zero.  Instead of spending political capital on pushing a balanced budget amendment, the Republicans should push to reduce our military footprint around the world, specifically in Libya, Germany, Korea, Japan, Iraq and Afghanistan.  Not only will bringing the troops back save many billions of dollars and enable our servicemen to spend their paychecks locally versus abroad, but it will also give the Republicans a negotiating stance with the Democrats to reduce entitlement programs in the upcoming budget battle.  </p>
<p>In the meantime, precious metals such as gold and silver will continue to increase in value.  I only wish I could use it to buy and sell items with.</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/08/14/unbalanced-budget-amendment/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Going into Overtime</title>
		<link>http://bearingdrift.com/2011/05/15/going-into-overtime/</link>
		<comments>http://bearingdrift.com/2011/05/15/going-into-overtime/#comments</comments>
		<pubDate>Mon, 16 May 2011 00:34:30 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=20907</guid>
		<description><![CDATA[How much should we have told the Pakistanis before the UBL raid?  ]]></description>
			<content:encoded><![CDATA[<p>I’m one of those sports fans that yells “You Idiot!!!” when the worst guy on my favorite team takes a shot from half court with 2 defenders on him and 20 seconds left on the shot clock.  If he makes it, I jump for joy and high five the one other Wahoo fan.  If he misses, I curse and bitch at him the entire game blaming him for the inevitable loss.</p>
<p>I feel much the same way about the recent killing of UBL.  While I was ecstatic and quick to run to the White House to celebrate his death with thousands of others, I wonder what myself and everyone else in America would have been doing if it had turned out more like Carter’s <a href="http://english.aljazeera.net/focus/2010/04/20104258191144983.html">Operation Eagle Claw</a>.  Democrats and Republicans alike would have been jumping over one another to condemn Obama’s failure, over-analyzing every single misstep.  Luckily for us, we only lost one helicopter, which is likely being <a href="http://abcnews.go.com/Blotter/osama-bin-laden-raid-pakistan-hints-china-peak/story?id=13570573">shared with the Chinese</a>, and none of our soldiers, whose <a href="http://www.firstcoastnews.com/news/usworld/article/204272/6/Federal-Officials-Concerned-For-Navy-SEALs-Safety">families are now concerned about retribution</a>.  </p>
<p>Let’s imagine for a minute that instead of Pakistan, UBL was living comfortably just outside of Paris.  Using our assets in Germany, we could possibly launch a similar commando style raid into France.  But violating a country’s sovereignty gives them the right to attack us, just like we can kill an intruder in our home in self defense.  What are the repercussions of going into a country without their permission to execute a military operation?  Does anyone doubt that Pakistan’s ISI is plotting something against the United States right now?  Perhaps it’s another Mumbai style attack or maybe they are more willing to share nuclear technology with the desperate factions of Al Qaeda.  At a minimum, they are <a href="http://www.bbc.co.uk/news/world-south-asia-13346155">blowing the cover of our spies</a> and sharing our stealth technology with the Chinese.</p>
<p>While the CIA and ISI have a strong distrust of one another, it cannot be denied that back in March 2003, they jointly captured mastermind Khalid Sheikh Mohammed in Rawalpindi, Pakistan.  I do believe the many claims that the ISI would leak information to targeted terrorists so they could escape before a raid.  But how often did those leaks have financial consequences?  Since Sept 11, 2001, the United States has given Pakistan over $18B in foreign aid.  How much of that money was used to instead harbor UBL and facilitate attacks on India?</p>
<p>What would I have done differently?  For starters, I would not have started the victory dance just hours after the raid.  Instead, I would have kept UBL’s death a secret as long as possible while we scoured all the laptops and DVDs from the raid so we could pursue other terrorists without giving them a head start.  But for the actual raid itself, I would have done much of the same intelligence work to locate him (<a href="http://www.msnbc.msn.com/id/43007276/ns/politics-more_politics/">which does not include torture btw</a>) but logistically had 2 fronts on the raid.  The first contingent on the ground to surround the compound and keep the Pakistanis in check.  The second contingent similar to what conducted the actual raid but with more stealth helicopters to extract UBL and take him to Afghanistan.  Getting ground troops into Pakistan would not be simple and could take weeks as to not raise suspicions by the ISI.  I would not have informed the Pakistanis until 1 or 2 hours before the raid but I would have informed them and made it clear that ALL of their foreign aid would be in jeopardy as well as sanctions including freezing assets of top officials and declaring Pakistan a state sponsor of terrorism.  Of course I’m not a military strategist so I’m sure there are many improvements to be made on what I just stated.</p>
<p>While the crazy hook shot from Obama is one for the history books, I fear it is not the game winner, but will take us into overtime in the global war on terror.  I hope I’m wrong.</p>
<p><img src="http://bearingdrift.com/wp-content/uploads/obama-basketball.jpg" alt="" title="obama-basketball" width="347" height="259" class="alignleft size-full wp-image-20913" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/05/15/going-into-overtime/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Muammar, Mo Problems</title>
		<link>http://bearingdrift.com/2011/03/29/muammar-mo-problems/</link>
		<comments>http://bearingdrift.com/2011/03/29/muammar-mo-problems/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 03:10:22 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=19643</guid>
		<description><![CDATA[Will Gadaffi's replacement be better or worse?  And can we afford it?]]></description>
			<content:encoded><![CDATA[<p>Last week during my vacation in Costa Rica, I was quite saddened to see our <a href="http://www.reuters.com/article/2009/10/09/us-nobel-peace-obama-idUSTRE5981JK20091009">Nobel Peace Prize winning president</a> launching air strikes against Libya.  Of course Gaddafi is a horrible dictator and the world would be a better place without him, but the same was true for Saddam Hussein. That being said, I doubt most Americans want a repeat of the Iraq War.  While the Obama Administration is trying to market this as more of a “Kosovo” than an “Iraq”, we truly do not know who we are supporting.  There are already rumblings that Al Qaeda is participating in the rebel forces, but who really knows?  We don’t know if we’ll have a new dictator that is worse than the old one, or whether the new Libyan government will be more like Iran or Turkey.</p>
<p>In addition, all of this is happening with the backdrop of another government shutdown just around the corner.  Unfortunately, while the Pentagon is estimating the cost of Operation Odyssey Dawn for the first week at <a href="http://blogs.abcnews.com/george/2011/03/cost-of-libya-intervention-600-million-for-first-week-pentagon-says.html">$600M</a>, Congress can’t agree on cutting more than a few billion when they need to cut over a trillion.  Since we are <a href="http://articles.timesofindia.indiatimes.com/2011-02-28/uk/28641778_1_muammar-gaddafi-gaddafi-loyalists-travel-and-assets-ban">freezing over $30B of Gaddafi’s  assets</a>, why not take that money to pay for the no-fly zone and help us pass a budget for FY2010?!?!</p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/03/29/muammar-mo-problems/feed/</wfw:commentRss>
		<slash:comments>13</slash:comments>
		</item>
		<item>
		<title>Pyramid Scheme</title>
		<link>http://bearingdrift.com/2011/02/12/pyramid-scheme/</link>
		<comments>http://bearingdrift.com/2011/02/12/pyramid-scheme/#comments</comments>
		<pubDate>Sat, 12 Feb 2011 14:55:17 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=18429</guid>
		<description><![CDATA[Replicating democracy in the Middle East should be done by example not force.]]></description>
			<content:encoded><![CDATA[<p>The Egyptian people used 18 days of civil disobedience to accomplish what the US spent 41 days to do in Iraq.  The US has spent almost a trillion dollars and lost over 4,000 lives since the liberation of Iraq.  Now with protests brewing in Algeria and Yemen, I’m sure there are many in policy circles trying to figure out what the US should do to spread democracy throughout the Middle East.  The best policy the US could adopt at this moment is to keep their hands off.  </p>
<p>We spent about $0 on getting Mubarak to step down from power and that is the same amount we should spend in other uprisings.  Any perception (true or not) that the US is assisting anti-govt groups will immediately be used to crush the protests.  Anyone who rises to power with US assistance will (likely rightfully so) be viewed as a puppet and will continue to deny Egypt the stability it needs.  </p>
<p>America’s ability to change the world has always been by example.  Providing our people with freedoms and the rule of law is much more respected than a barrel of a gun.  America’s success is a direct result of its foundation of civil liberties and free markets.  Countries around the world, including the US, should follow America’s example to spread peace and prosperity.</p>
<p><img src="http://bearingdrift.com/wp-content/uploads/pyramid-amit.jpg" alt="" title="pyramid-amit" width="372" height="200" class="alignleft size-full wp-image-18433" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2011/02/12/pyramid-scheme/feed/</wfw:commentRss>
		<slash:comments>27</slash:comments>
		</item>
		<item>
		<title>Crime of Success</title>
		<link>http://bearingdrift.com/2010/12/05/crime-of-success/</link>
		<comments>http://bearingdrift.com/2010/12/05/crime-of-success/#comments</comments>
		<pubDate>Sun, 05 Dec 2010 14:11:42 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=16921</guid>
		<description><![CDATA[Don't make too much money in Europe or you'll get sued.]]></description>
			<content:encoded><![CDATA[<p>Perhaps the EU needs more money for all the upcoming bailouts, but I suspect there is something more sinister about <a href="http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1624&#038;format=HTML&#038;aged=0&#038;language=EN&#038;guiLanguage=en">their latest probes into Google’s practices</a>.  Mainly I fear that if a non-manufacturing (i.e. factory jobs) company has a market cap larger than the GDP of many of their nations, it automatically becomes a target.  The EU Antitrust website laughably displays a banner across the top stating “Making markets work better”.  What they fundamentally fail to understand is that large monopolies cannot survive in a Free Market but only in the case where they receive direct government assistance either through mandates or regulation.  Instead of helping markets, they do quite the opposite by raising the barrier to entry into the market by smaller aggressive companies, who would otherwise capture market share and force innovation and lower prices for the end consumers.  </p>
<p>Especially in the case of technology and internet companies such as Microsoft and Google, whatever status they have as the top dog in a particular domain (i.e. desktops, web search) is only maintained as they consistently provide better products.  Bill Gates is quoted as saying “Intellectual Property has the shelf-life of a banana” and his former company is keenly aware that better ideas are always around the corner.  Sure they can “buy up the competition” but how do you stop the next <a href="http://latimesblogs.latimes.com/technology/2010/02/facebook-six-years-later-from-a-dorm-room-to-a-household-name.html">Facebook built out of a college dorm</a> from eating out of your profits?</p>
<p><img src="http://bearingdrift.com/wp-content/uploads/monopoly2.jpg" alt="" title="monopoly2" width="115" height="104" class="alignleft size-full wp-image-16923" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2010/12/05/crime-of-success/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Less is Less</title>
		<link>http://bearingdrift.com/2010/12/02/less-is-less/</link>
		<comments>http://bearingdrift.com/2010/12/02/less-is-less/#comments</comments>
		<pubDate>Fri, 03 Dec 2010 04:51:26 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=16898</guid>
		<description><![CDATA[The recent announcement from Obama to freeze govt salaries for 2 years worries me about the quality of govt services going forward. Many govt civilians trade off [...]]]></description>
			<content:encoded><![CDATA[<p>The recent <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/11/29/AR2010112906716.html">announcement from Obama to freeze govt salaries for 2 years</a> worries me about the quality of govt services going forward.  Many govt civilians trade off higher salaries in the private sector for the stability and benefits of the federal govt.  But some civilians take the govt jobs, because they love public service in a particular domain (i.e. defense, education, etc) and many of them are actually really great.  In my personal experience with the federal govt, I would estimate that a smart, motivated civilian is easily worth the equivalent of 25 private contractors.  The problem however is that these exceptional civilians need to be rewarded for their good work to keep them incentivized to stay with the govt.  </p>
<p>If talented people leave the govt, they most likely will be replaced with less talented, less motivated individuals and because they are less capable, they will require more people to perform the job of the single talented individual.  Reminds me of one of my favorite George Washington quotes:</p>
<p><em>“My observation is that whenever one person is found adequate to the discharge of a duty&#8230; it is worse executed by two persons, and scarcely done at all if three or more are employed therein.“</em></p>
<p>Sadly, I think this penny-wise, pound-foolish move to reduce federal spending will actually end up increasing the size of govt.  A better move in my opinion would have been to pursue the Pay  For Performance schemes where civilians could get compensated based on their contributions instead of their seniority.<br />
<img src="http://bearingdrift.com/wp-content/uploads/fork-in-the-road1.png" alt="" title="fork-in-the-road" width="488" height="470" class="alignleft size-full wp-image-16902" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2010/12/02/less-is-less/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>The American DREAM</title>
		<link>http://bearingdrift.com/2010/11/28/the-american-dream/</link>
		<comments>http://bearingdrift.com/2010/11/28/the-american-dream/#comments</comments>
		<pubDate>Sun, 28 Nov 2010 15:17:00 +0000</pubDate>
		<dc:creator>Amit Singh</dc:creator>
				<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://bearingdrift.com/?p=16805</guid>
		<description><![CDATA[One of the many bills being debated in the upcoming lame duck session is the Development, Relief and Education for Alien Minors (aka DREAM) Act which allows [...]]]></description>
			<content:encoded><![CDATA[<p>One of the many bills being debated in the upcoming lame duck session is the <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/11/27/AR2010112700517.html">Development, Relief and Education for Alien Minors</a> (aka DREAM) Act which allows for undocumented (aka illegal) children to receive a path to citizenship (aka amnesty) who sign up for two years of college or military service.  On the surface it’s not an entirely bad idea but would need some major tweaking before I would go along with it.  Here would be my conditions:</p>
<p>1)	Instead of 2 years it should be 4 years of college or military service.  If the college route is taken then a degree in a technical field (i.e. engineering or science) must be pursued.</p>
<p>2)	Signing up is not enough, completion is necessary.  For the college route, a degree at an accredited university must be achieved even if it takes more than 4 years.  For the military route, service must be completed without any dishonorable discharge.</p>
<p>3)	After satisfying #1 and #2, the person will receive a H1-B visa and must find employment for at least 1 year.</p>
<p>4)	After satisfying #3, as long as there is no criminal record and no credit card debt of $5K+ for 90+ days, then the person will receive a green card. </p>
<p>I’m sure some will say the conditions are too harsh while others will say they are too lenient.  Given some of my family’s and friend’s experiences, I would say it’s just about right.</p>
<p><img src="http://bearingdrift.com/wp-content/uploads/american_dream11.jpg" alt="" title="american_dream1" width="394" height="288" class="alignleft size-full wp-image-16810" /></p>
]]></content:encoded>
			<wfw:commentRss>http://bearingdrift.com/2010/11/28/the-american-dream/feed/</wfw:commentRss>
		<slash:comments>14</slash:comments>
		</item>
	</channel>
</rss>

