Morning Coffee News Update 10-27-09

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A quick look at news you might have missed from around the world for Tuesday, Oct 27, 2009.

Democracy would destroy Russia -- Kremlin says

Chrysler will drop domestic models -- import Fiats from Mexico

US prepares for nuclear preparatory talks in Japan

Meat prices to soar if climate change accords are signed

Moscow, Russia

Kremlin Deputy Chief of Staff Vladislav Surkov warned Monday that democratic reform would tear Russia apart. He said that liberal reforms would lead to demagoguery and would only slow down the system.

"Even now when power is rather consolidated and ordered, many projects are very slow and difficult," he is quoted as saying. "If we add any sort of political instability to that then our development would simply be paralyzed. There would be a lot of demagoguery, a lot of empty talk, a lot of lobbying and ripping Russia to pieces, but no development."

Like so many central planers, Surkov fails to recognize that the reason that "many projects are very slow and difficult" is because of state central planning -- that giving the all powerful state control leads to gridlock.

"We must not confuse liberal, democratic society with chaos and disorder," Surkov went on to say. "Though Mao Zedong said that a lot of chaos results in a lot of order, he probably meant that tough or even totalitarian regimes are born from ruins. We do not need that. We do not need a Pinochet."

Obviously they do not teach Russian history in Russia any more than they teach American history any more in this country.

Detroit, MI

According to an article in the Wall Street Journal, the new Chrysler Corporation plans to discontinue several domestic models in favor of importing Fiat models to be built in Mexico.

Quote:

The newspaper, citing people familiar with Chrysler's plans, said the US automaker will announce on November 4 that it will drop several models from its Dodge and Jeep lines, and phase in the Fiat 500 and the Alfa Romeo brands.

There are plans to begin building the Alfa Romeo model in the United States beginning in 2012. The Fiat nameplate has never enjoyed widespread support in this country as previous model attempts were plagued by maintenance problems and high repair costs.

Although Fiat suffered a drop in sales in all markets last quarter, they still managed to post a modest $31 million profit for the quarter -- mostly through cost cutting measures.

Tokyo, Japan

Thomas D'Agostino, administrator of the National Nuclear Security Administration is in Japan paving the way for a preparatory meeting to be held in December in which the agenda will be set for the summit planned by President Obama next spring in Washington, DC, in which the president hopes to find concrete ways to reduce the proliferation of nuclear weapons and materials.

Quote:

During the summit, world leaders are expected to discuss concrete measures to safely manage and guard nuclear fissile materials, which will be derived in the process of reducing the more than 20,000 nuclear warheads in the world, as well as other substances convertible to nuclear weapons scattered across the globe.

A Japanese diplomatic source said participants in the preparation meeting are expected to discuss possible agenda items for the summit and the Japanese Foreign Ministry is currently studying candidate sites for the meeting.

The president can hold all the summits he likes, but what he must recognize in the end is that there are bad actors out there who will not play his game. They might talk peace, but they will continue to make war and to prepare weapons of war. Nuclear weapons are not theoretical -- they are real and unfortunately, too easy to produce. We might disarm, but our enemies will not.

London, England

One of the leading harpies on global climate change, Lord Stern of Brentford has said, “Meat is a wasteful use of water and creates a lot of greenhouse gases. It puts enormous pressure on the world’s resources. A vegetarian diet is better.”

His attitude will be put to the test if climate change accords are signed in Copenhagen in December, as he predicts that meat prices will skyrocket around the world, and people will be forced into accepting a vegetarian diet.

“I think it’s important that people think about what they are doing and that includes what they are eating,” he said. “I am 61 now and attitudes towards drinking and driving have changed radically since I was a student. People change their notion of what is responsible. They will increasingly ask about the carbon content of their food.”

So, according to Lord Stern, eating meat is the equivalent of driving drunk.

It should be noted that Lord Stern is a former economist for the World Bank and that he predicts that under climate change accords Great Britain will have to pay about £3 billion per year to developing countries because of its carbon footprint.

NOTE: Climate change accords are nothing less than a redistribution of wealth from developed countries like Great Britain and the United States to developing nations -- and have nothing to do with saving the planet.

NOTE: Lord Stern is more than likely heavily invested in the carbon credit scheme that Cap and Trade legislation proposes, and like Al Bore is likely to make billions of dollars off the scheme.