Taiwan’s take on Gordon (FF to 35 seconds in; h/t Dizzy Thinks)
[youtube]http://www.youtube.com/watch?v=wxJoMIFDTSs[/youtube]
[youtube]http://www.youtube.com/watch?v=wxJoMIFDTSs[/youtube]
Daniel Ellsberg, in 1968, speaking to Henry Kissinger, who was just entering government for the first time:
“Henry, there’s something I would like to tell you, for what it’s worth, something I wish I had been told years ago. You’ve been a consultant for a long time, and you’ve dealt a great deal with top secret information. But you’re about to receive a whole slew of special clearances, maybe fifteen or twenty of them, that are higher than top secret.
“I’ve had a number of these myself, and I’ve known other people who have just acquired them, and I have a pretty good sense of what the effects of receiving these clearances are on a person who didn’t previously know they even existed. And the effects of reading the information that they will make available to you.
“First, you’ll be exhilarated by some of this new information, and by having it all — so much! incredible! — suddenly available to you. But second, almost as fast, you will feel like a fool for having studied, written, talked about these subjects, criticized and analyzed decisions made by presidents for years without having known of the existence of all this information, which presidents and others had and you didn’t, and which must have influenced their decisions in ways you couldn’t even guess. In particular, you’ll feel foolish for having literally rubbed shoulders for over a decade with some officials and consultants who did have access to all this information you didn’t know about and didn’t know they had, and you’ll be stunned that they kept that secret from you so well.
“You will feel like a fool, and that will last for about two weeks. Then, after you’ve started reading all this daily intelligence input and become used to using what amounts to whole libraries of hidden information, which is much more closely held than mere top secret data, you will forget there ever was a time when you didn’t have it, and you’ll be aware only of the fact that you have it now and most others don’t….and that all those other people are fools.
“Over a longer period of time — not too long, but a matter of two or three years — you’ll eventually become aware of the limitations of this information. There is a great deal that it doesn’t tell you, it’s often inaccurate, and it can lead you astray just as much as the New York Times can. But that takes a while to learn.
“In the meantime it will have become very hard for you to learn from anybody who doesn’t have these clearances. Because you’ll be thinking as you listen to them: ‘What would this man be telling me if he knew what I know? Would he be giving me the same advice, or would it totally change his predictions and recommendations?’ And that mental exercise is so torturous that after a while you give it up and just stop listening. I’ve seen this with my superiors, my colleagues….and with myself.
“You will deal with a person who doesn’t have those clearances only from the point of view of what you want him to believe and what impression you want him to go away with, since you’ll have to lie carefully to him about what you know. In effect, you will have to manipulate him. You’ll give up trying to assess what he has to say. The danger is, you’ll become something like a moron. You’ll become incapable of learning from most people in the world, no matter how much experience they may have in their particular areas that may be much greater than yours.”
….Kissinger hadn’t interrupted this long warning. As I’ve said, he could be a good listener, and he listened soberly. He seemed to understand that it was heartfelt, and he didn’t take it as patronizing, as I’d feared. But I knew it was too soon for him to appreciate fully what I was saying. He didn’t have the clearances yet.
Recounted in Mother Jones; h/t Nils Gilman.

MEP and internet superstar, Daniel Hannan is up in arms at what he sees Barack Obama sucking up to ‘Peronist Argentina’ on the Falklands.
“When matters last came to a head,” he writes, “Ronald Reagan had no difficulty backing Margaret Thatcher: the Gipper knew who America’s friends were.”
Of course, it wasn’t nearly as simple as that, as I am sure Hannan (a huge Thatcher fan) knows well. Michael Moynihan (no foe of Hannan’s, by the way) sets the record straight:
Before the British took military action in 1982, the Reagan administration was, to the consternation of the British foreign office, very much on the fence and, initially, wedded to the neutrality position… In a letter to Thatcher, Reagan said that his government would take a neutral position on the matter—again, causing great anger—but would come out in favor of its ally if the Argentinians decide to start shooting…
It was only a communications error that prevented the United States from abstaining, rather than vetoing, a United Nation Security Council resolution calling for a ceasefire—which Britain strenuously opposed.
Hannan’s fudging gives me a chance to plug James Rentschler’s superb Falklands diary. Rentschler was the Reagan official who ended up responsible for US policy on the islands after Argentina invaded. He was nonplussed by the task:
Never heard of [the Falklands], right? Me neither at least not until last evening when Prime Minister Margaret Thatcher sent an urgent message through the Cabinet Line requesting the President to intercede with the Argies. 1800 British-origin sheepherders, pursuing a peaceful life on some wind-blown specks of rock in the South Atlantic, now targeted by Argentine amphibious assault units – who, in turn, may soon be attacked by the largest naval armada ever to steam out of British ports since Suez? Yes indeed, the thing certainly does sound like Gilbert and Sullivan as told to Anthony Trollope by Alistair Cooke. But what started out as comic opera now looks to become not only quite serious, but exceptionally nasty. The Argentines have clearly misjudged the British temper, and this guy Galtieri, speaking first in broken mafioso-type English before the State Department interpreter tactfully intervenes, sounds like a thug. (more…)
[youtube]http://www.youtube.com/watch?v=rqH-pmSJTg8[/youtube]
I am rather taken aback by William Hague’s claim, reported by Iain Dale, that the UK is forecast to be only the world’s 11th largest economy by 2015. Given that Britain currently ranks 6th in PPP and nominal terms, that’s quite a drop. Russia is currently 11th in nominal terms – its economy is 40% smaller than the UK’s.
Now I am very bearish about the British economy, but I also expect many other countries to face rocky times over the next decade. Not only does Hague make me look like a wide-eyed optimist, he obviously expects the UK to be alone in its economic troubles. He even mentions Italy as one of the countries he believes will prosper as the UK suffers – which strikes me as a real stretch (assuming he isn’t factoring in the Euro as a shield for the Italian economy).
Anyone know what source Hague is using for his forecast? (And just to hedge a little – it’s possible that Dale misquoted him.) You can read the full speech here.
Update: The source appears to be this analysis from the Centre for Economics and Business Research Ltd, which argued in a December 2009 press release:
In 2005, the UK was the 4th largest economy in the world. China overtook in 2006, France in 2008 and Italy in 2009. So now the official figures suggest that we have dropped to No7 (although I still have some doubt about the Italian figures that are incorporated into this analysis).
Projecting forward, the combination of economic growth and population growth, plus a likely rising real exchange rate mean that Brazil and Russia will overtake us sometime soon, perhaps in 2012. India will almost certainly overtake as well, though probably not till 2015.
But it also looks as though Canada could, if demand for natural resources continues to rise strongly, catch up and surpass UK GDP around 2015 as well. Even Australia is likely to have overtaken by 2020.
Not sure which ‘official figures’ CEBR is using though…