Vicious Rants of an Angry Yellow Man

China is developing a new international bank called Asia Infrastructure Investment Bank (AIIB).  It is China's answer to the World Bank, the IMF, and the Asian Development Bank.  The first two are controlled by the U.S. with European input.  The third is controlled by Japan with U.S. input.  By controlling money lending internationally the U.S. and its allies have soft power over the rest of the world.  Now China is trying to do the same.

The U.S. is against the founding of this bank.  But it made the decision for China to go ahead with it easier when Congress voted to not allow increase of voting power for China in the World Bank.  This made it difficult for Obama to try to convince our allies to not join the AIIB.  To say that AIIB is going to be a political wing of China seems absurd when the U.S. refuse to recognize China's status in the world.  I mean if the World Bank is nonpolitical then the U.S. Congress should not be able to keep China's voting power below those of the U.K or France.  Also World Bank presidents have included former U.S. Sec. of State Robert Mcnamara and former Bush adviser and proponent of the Iraq war Paul Wolfowitz.  When the U.S. appoints politicians to the post instead of financial experts, it is hard to say the World Bank is not a political wing of the U.S.

So Obama failed miserably to convince allies not to join.  Almost all Asian nations except Japan applied to join as have most U.S. allies.  The UK is joining because it wants to be the center of yuan trading as China's currency gains more world acceptance.  South Korea is joining because its companies want to be in on the infrastructure building of Asia.  Same with Australia.  One bit of good news is that China rejected the North Korea application, further isolating the rouge regime.  So for Obama, the train has left the station.  We should work with this new financial institution even if we are not joining it.  After all, if we want China to take a more responsible position in the world as a global power, it would be counter productive to tell China it cannot help Asia improve its infrastructure.

Max who?  Verlander?  Hey if Greene and company keep pitching like this, we may not even need Nathan.  It is early, of course, but the Tigers look good.  Now those pesky Royals are on their tail and given what they did in October last year, this looks like a great race.  And I didn't know Julio Iglesias can play baseball as well as he sings.

Golden State over Cleveland in the NBA final.  This is against Charles Barkley who says a three point shooting team can't win the championship.  I think the Splash Brothers will do it!