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Vietnam Welcomes America with Open Arms

December 7, 2014 by Llewellyn King 2 Comments

No grunt slogging through the jungles of Vietnam could imagine that in 2014, 41 years after the end of the Vietnam War, the Vietnamese would be welcoming back Americans as investors, tourists, advisers and protectors.

Next year is a big year in Vietnam. It is the 40th anniversary of the fall of Saigon, on April 30, 1975. It is also the 20th anniversary of the normalization of U.S. relations with Vietnam, a country where so much American and Vietnamese blood was spilled.

The Vietnam War started in the Eisenhower Administration, dragged down Lyndon Johnson’s presidency, and was ended in the Nixon Administration amid controversy that tore America apart and has informed its foreign policy ever since.

It will be remembered in the annals of war for the limits it revealed on mechanized fighting, and the challenge of asymmetrical fighting and wrong-headiness. But it also deserves mention in the annals of peace for the surprising speed in which the war has been put aside, especially in Vietnam, where the gory past has been buried and the future embraced.

Today’s Vietnam is a place where the United States is admired and emulated. And the Vietnamese want nothing so much as to be closer to Americans.

Twenty years ago when I traveled from Hanoi, south along the spine of the country, to Ho Chi Minh City, formerly Saigon, I was astounded by the way the war had been willfully forgotten: people I met did not want to talk about it.

Da Nang still was set about with hardened bunkers, Hue, which had been the national capital until 1945, was a sad ruin, but people were determinedly forward-looking. They wanted to know three things: how could they get American goods, how could sell their goods in the U.S. market, and what was the United States going to do about China?

A generation later, Vietnam is more passionate in its desire to get close to the United States. The government of Vietnam is making a new push for American investment, particularly in the privatization of infrastructure, which is still government-controlled and beset by inefficiency and corruption.

Vietnam Report, a business and data service, has just released a comprehensive white paper, prepared by Corr Analytics, a New York-based risk management consultancy, that paints an agreeable picture of investment opportunities, particularly in those industries that the Vietnamese government is anxious to hive off to the private sector. Of 432 projects identified by the government, Corr has honed in on what it believes to be the 31 best-investment targets. These range from opportunities — from a few million dollars to over $7 billion — in finance, infrastructure, manufacturing and petroleum.

The backstory is that Vietnam needs more than U.S. investment. As it struggles against China in the South China Sea, over territorial claims on small island groups that are thought to contain large hydrocarbon reserves, Vietnam wants the United States to be a visible friend.

There is even talk that the United States, might establish a naval base at Cam Rahn Bay, its legendary base and deep-water port during the Vietnam War. This, the argument goes, would compensate for the loss of the naval base at Subic Bay in the Philippines. Come back, Yanks.

Several analysts have told me that they believe Vietnam to be an excellent investment opportunity, but there are concerns. The government is nominally communist and there is only one party: the Communist Party. It is avowedly pro-business but faces human-rights issues, press-freedom issues, and the impartiality of the judiciary is questionable. Corruption is widespread and debilitating.

Yet Forbes magazine is looking to Vietnam as the new Asian investment haven. In the World Bank’s Ease of Doing Business rankings, according to Corr Analytics, Vietnam is ahead of major investment destinations such as China, India and Brazil. Vietnamese Prime Minister Nguyen Tan Dung has made it clear that his country is open for business – particularly American business.

Tourism is growing, especially at Vietnam’s superb beaches. Lauren Graham, who stars in the NBC drama “Parenthood,” has taken a bicycle trip with her father, a Washington lobbyist and fluent Vietnamese speaker.

Some who fought in Vietnam have joined the ranks of its boosters, like Tom Patterson, the famed Harvard professor, who is helping to develop a high-technology village near Nha Trang and Cam Rhan Bay, where he was once stationed.

The generational change also has made a difference. Much of the Vietnamese population was not born during the war. A new generation of Americans has been shaped by war in the Middle East not in Asia. — For the Hearst-New York Times Syndicate

 

Filed Under: King's Commentaries Tagged With: Cam Rahn Bay, China, communism, Corr Analytics, Dwight Eisenhower, Hanoi, Ho Chi Minh City, King Commentary, Lyndon Johnson, Nha Trang, Richard Nixon, Saigon, South China Sea, Subic Bay, the Philippines, U.S.-Vietnam relations, Vietnam, Vietnam War, WHC In Vietnam

Obama’s Empty Gasoline Tank

April 4, 2011 by Llewellyn King 2 Comments

There is a piece of doggerel which goes:

They said it couldn’t be done.

So I went right to it — that thing they said

Couldn’t be done.

And I couldn’t do it.

And that is the way it has been with presidents since the 1973 oil crisis. All of them – from Richard Nixon to Barack Obama, who has just joined the club — have wrung their hands and exhorted us to use less oil in general and less foreign oil in particular.

Nixon had his commerce secretary, Peter G. Peterson (he of enormous wealth these days), promise far reaching and revolutionary “initiatives” to tame our thirst for oil. But Nixon was out of office before these palliatives were revealed.

Gerald Ford, caught up in vicious inflation, partly linked to the cost of oil, launched the Energy Research and Development Administration (ERDA), combining the Atomic Energy Commission, the Office of Coal Research and other energy entities in the federal government. ERDA initiated many programs, while politicians invoked the Manhattan Project and the Apollo 11 moon landing. But the search for the Fountain of Eternal Energy failed.

Jimmy Carter wanted not only to solve the energy challenge, but to be seen to be solving it. Ergo, he expanded ERDA into the Department of Energy (DOE) and created a separate Synthetic Fuels Corporation. The latter failed after a short and unhappy life. No oil reached the pumps.

When the price of oil collapsed in the 1980s, so did hopes for many of the alternative energy sources, including ocean thermal gradients and flywheel energy storage.

To its credit, though at great cost, DOE, through its chain of national laboratories, kept searching. The result has been evolutionary improvements in many fields, and some really revolutionary ones in how we find oil and drill for it; these include seismic mapping, new drill bits and horizontal drilling.

These evolutionary developments brought more oil to market and have contributed to the recent improvement in domestic production that Obama likes to point out. It has enabled us to cut our imports slightly, so they now stand at 11 million barrels per day out of consumption of 20 million barrels per day.

Obama wants us to cut those imports by a third. To do this, he has no magic bullet.

In fact, he has no ammunition: solid numbers and research. His speech at Georgetown University was founded more on hearsay than science or economics.

Because he criticized them for taking out leases they have not drilled, the oil industry disliked the oil component of the speech, but thrilled at the emphasis on natural gas. When it comes to leases, the industry hankers not for those it holds, but for the plums that have not been leased for political reasons:  the eastern Gulf of Mexico and Alaska.

Sadly, Obama seemed to have learned the wrong lesson on his recent trip to Brazil because he is brimming with enthusiasm for ethanol. In Brazil, this is made from sugar cane, of which the Brazilians have a lot and cheap labor to farm it. Here, it is made from corn with devastating results on all the food products that come from corn. George W. Bush shoved the country down that slippery slope, and Obama wants to add more lubricant.

Another Obama tool is mandated fuel-economy standards. Problem is the market will start circumventing the regulations. It works like this: If you mandate 40-miles-per-gallon fleet average instead of floods of new small hybrids of the Toyota Prius type, the market will supply small, regular cars and large, luxury hybrids. Better, but not everything the president might want.

Real oil savings come with high prices dictated either by taxes or shortage. Presidents, however, have to placate voters by holding down the price of oil, signaling that it is all right to consume. That leaves presidents — and Obama has just proved it — with that last resort of the impotent in office: exhortation. — For the Hearst-New York Times Syndicate


 

Filed Under: King's Commentaries Tagged With: Atomic Energy Commission, automobile industry, Barack Obama, Department of Energy, Energy Research and Development Administration, fuel-economy standards, Gerald Ford, Jimmy Carter, oil, oil industry, Richard Nixon, Synthetic Fuels Corporation, U.S. energy policy

The Most Traumatic Year, 1968

April 6, 2008 by White House Chronicle Leave a Comment

 

 

 

Nineteen sixty-eight was, as they say, a year to remember.

 

Many extraordinary events were crammed into 1968, including the launching of the Tet Offensive by the North Vietnamese; U.S. ground troops from Charlie Company rampaging through the South Vietnamese hamlet of My Lai, killing more than 500 civilians; President Johnson’s announcing of his decision not to seek re-election; the assassination of the Rev. Martin Luther King Jr.; student rioting in Paris; the assassination of Robert Kennedy; the “Prague Spring” uprising against communism in Czechoslovakia; and the tumultuous Democratic Convention in Chicago.

 

As an editor at The Washington Daily News, an evening newspaper, the enormity of King’s assassination was hard to get my mind around. And the riots that ensued left scars on the infrastructure of the nation’s capital that would never quite heal. Only now, two generations later, is the Shaw neighborhood, which grew out of freed slave encampments in Northwest Washington, returning to normal urban vitality. Much of Shaw was engulfed in flames in1968, and it fell into the worst kind of decay; its hollowed-out buildings housing crack addicts, feral animals and rats.

 

As in other cities, fire did the damage, but politics and litigation delayed the recovery. There may be something informative here for those who think Baghdad will spring back to life, or that Zimbabwe will return to the status quo ante. Recovery is hard and slow.

 

Little did we know it, but The Washington Daily News was to be a victim of the riots. Looters and rioters destroyed the newspaper kiosks that were a feature in Washington and essential to selling our afternoon tabloid. The Daily News began to fail because it depended on street sales, and the infrastructure for that was destroyed. The city’s other two newspapers, The Washington Post and The Washington Evening Star, fared better because they had a larger percentage of their circulation home-delivered.

 

After the fires were extinguished, the smell of smoke hung over the city, a curfew was in effect, and troops were deployed on street corners. Those of us with press credentials were able to drive around, and we were constantly speculating how eerily similar this must have been to events behind the Iron Curtain.

 

Over time, the riots of 1968 have been referred to more and more as “race riots.” But at the time we just called them “the riots,” because one of the consequences was a period of elaborate politeness between whites and blacks. This was noted by two of the best chroniclers of the time: Richard Starnes of the Scripps-Howard News Service and Richard Harwood of The Washington Post. One of them beautifully encapsulated the calm after the storm, when he referred to black drivers yielding to white drivers at street intersections. After one such incident, Harwood said that “both thought they had done something significant.”

 

The rioters’ anger seemed to be directed more toward property than to people: It seemed to be black rioters against white-owned property than blacks against whites. In the worst of the rioting, on April 5, I walked up the Shaw-U Street corridor without any sense of trepidation. Looters–their arms full of appliances–were everywhere. When they banged into you, they apologized. One looter even suggested that I walk on top of a wall for safety. “That way the brothers will see you, and you will be safe,” he said.

 

It was after the riots that fear gripped the city. White flight to the suburbs began and continued for many years.

Washington’s suburbs boomed, and the inner-city decayed. A somewhat unconsciously integrated city became a segregated one that pretended otherwise. Large corporations added blacks to their boards of directors, television stations added black anchors, and the newspapers searched high and low to beef up their core of black writers. Tokenism became an industry.

 

The Rev. Martin Luther King Jr.’s message advanced in some ways–mostly because there was a recognition that black grievances were well-founded and deeply seated. But some of the remedies have been as harmful as the disease–excesses of affirmative action and reverse racism.

 

Of course, civil rights was only one of the issues roiling the nation in 1968. There was also the women’s liberation movement; the environmental movement; and underlying it all, the Vietnam War.

The war touched every aspect of national life. And as people turned against it, they did so with anger, often fueled by the drafting of a family member. Some institutions were torn apart by the division. The Reporter magazine, a liberal alternative to The National Review, was destroyed by contention. Washington columnist Joseph Alsop lost the confidence of editors across the country. And Paul Harvey, the conservative radio commentator, reversed his position on the war because his son was facing the draft.

 

Nineteen sixty-eight tested loyalties and caused many people to re-examine their politics and to think through their predispositions. A majority of Americans were well on their journey from right to left because of the war.

 

The assassination of King, followed shortly after by the assassination of Robert Kennedy, convinced many people that the nation had lost its way. Unfortunately, it chose Richard Nixon to lead it out of the darkness.

 

 

Filed Under: King's Commentaries Tagged With: 1968, 1968 riots, My Lai, Rev. Martin Luther King Jr., Richard Harwood, Richard Nixon, Richard Starnes, Robert Kennedy, Scripps-Howard News Service, Tet Offensive, The Washington Daily News, The Washington Evening Star, The Washington Post, Vietnam War, Washington D.C.

William F. Buckley, a Life of Fun

March 2, 2008 by White House Chronicle

All of my adult life, William F. Buckley Jr. has been a player on the national stage. It is hard to believe that Buckley is no longer with us; that he has to be moved in our mental computers from an active folder to one labeled memory.

Thousands of writers have claimed that Buckley was the father of modern conservatism. Maybe. What is certain is that Buckley has carried the conservative standard from the time he wrote his seminal book, “God and Man at Yale.” He followed this with the founding of National Review in 1955. National Review sought to give an intellectual patina to the business-dominated conservatism of the Eisenhower era.

Buckley was a grandee; a boisterous intellectual who, at some level, never left the debating society at Yale. Above all, Buckley was a man of fun.

His conservatism was never in tow with the conservatism of the Republican Party. It was Buckley conservatism–as much informed by the high spirits of European aristocracy as it was by the yeoman farmers of America.

Buckley was hugely imaginative: He did things that had never been done before. His television program, “Firing Line,” was all Buckley: intellectuals disagreeing with wit and erudition. For 33 years it was a mainstay on PBS–which at the time of the program’s founding, in 1966, was the only network for intellectuals. While many conservatives were damning PBS, Buckley was quietly remaking it with “Firing Line.” In typical fashion, Buckley did not want to see his program become the product of a committee or university when he moved on. So he struck the set: “Firing Line” ceased production, but it is still remembered as an example of how television can do talking heads well.

His son, the author Christopher Buckley, said that Buckley’s contribution to the conservative movement was, among other things, to drive “the kooks” out of it. He broke with the John Birch Society and kept his distance from the radicalism of Pat Buchanan. Buckley thoughts on talk radio and extreme conservatives, like Ann Coulter and Laura Ingraham, have not been recorded.

The conventional wisdom is that Buckley paved the way for Barry Goldwater to run for president. And the Young Americans for Freedom, who Buckley organized to support Goldwater, became the foot soldiers in the Reagan Revolution. But it seems to me that Buckley was always outside the conservative movement. His importance was as a provider of ideas and a tutor of young conservative writers, ranging from George Will to David Brooks. Most major conservative thinkers pass through National Review.

Buckley was not a fixture in Washington. He was not published in The Washington Post. He was not a courtier in the Reagan administration, as was George Will.

Many conservatives loved Buckley in principal, but kept their distance in practice. They worried about some of his not-so-conservative positions, like calling for the legalization of marijuana, and his enthusiasm for continental Europe. He loved Switzerland and retired there to write many of his books.

Even in religion, Buckley was not quite part of the movement he was credited with founding. Evangelicals embraced conservatism, and conservatives embraced evangelicals. Buckley, however, remained a very devout, very orthodox Roman Catholic.

Buckley tried to understand popular taste, but he confessed that he could not get the hang of it–especially rap music. Buckley was born a patrician who would never have to worry about money. He could apply his considerable talents and energy to his interests, including wine, food, literature and sailing.

Sometimes, Buckley seemed bored with politics. It is said that out of the public arena, he did not discuss politics.

Buckley had many favorites, most of whom shared his theatricality but not his political views. He was a close friend of John Kenneth Galbraith, the left-wing economist. He was enchanted by Malcolm Muggeridge, a radical British journalist and roue, who converted to Catholicism later in life and wrote a book about Jesus.

Everyone who worked at National Review, or was a friend of Bill, used the same word to describe the ethos: fun. Buckley was fun to be around and it was enormous fun to have him on the national stage. Sometimes the fun was mischievous, as when Buckley proposed that after he finished his term as president, Eisenhower should run as a vice president on the Nixon ticket. It was a joke, but it was one that sent scholars running to the books and lawyers pondering the legality of it. Then there was the time Buckley ran for mayor of New York. There were strings of bon mots every day, and the press had to discipline itself to cover the serious candidates and not the entertainment provided by Buckley.

Buckley did not like debating politicians: He liked debating clever people such as Norman Mailer, Gore Vidal and Michael Kinsley.

Buckley was a prodigious writer and is output ranged from politics to book reviews to travel articles. He was so industrious that he actually wrote a book about his own industry: a snapshot of two weeks in the life of one of the nation’s greatest dilettantes.

Buckley was without peer and appears to be without a successor.

Filed Under: King's Commentaries Tagged With: Barry Goldwater, Christopher Buckley, Dwight Eisenhower, Firing Line, Gore Vidal, John Kenneth Galbraith, Malcolm Muggeridge, Michael Kinsley, National Review, Norman Mailer, Reagan Revolution, Republican Party, Richard Nixon, William F. Buckley Jr., Young Americans for Freedom

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