VDH: No Allies — But Plenty of Enemies

Argentina is now angry over a British company's oil exploration off the windswept islands in what it considers its own South Atlantic backyard.

Although nominally democratic, the unpopular Kirchner government in Buenos Aires has claimed that the sparsely settled islands are a symbolic matter of Spanish-speaking pride throughout Latin America — and is theirs because the islands once belonged to Spain in the 19th century.

In response to all this, the Obama administration announced that it would remain neutral. Aside from the fact that the Falkland Islanders wish to remain British, and our prior support for the Thatcher British government during the 1982 war, there are lots of reasons why our neutrality here is a bad idea.

"Deficits of that magnitude would force the Treasury to continue borrowing at prodigious rates, sending the national debt soaring to 90 percent of the economy by 2020, the CBO said."

CNN adds that "By 2020 the (CBO) estimates debt held by the public would reach $20.3 trillion, or 90 percent of GDP. That's up from 53 percent of GDP in 2009."

I suspect that most Americans, if asked whether these numbers trouble the Democratic leadership and President Obama, would answer in the affirmative.

They would be wrong.