Tag: U.S. extemp topic brief

Topic Brief: Bear Stearns

Overview  

So, Bear Stearns… There’s a lot of messy economics surrounding this one, but it’s all over the news.  This brief is going to break it down into what you need to know and how to explain it without a lot of economic jargon. Here is the back story:  Bear Stearns is one of the world’s largest securities and brokerage firms.  In June of 2007, the firm found itself in financial trouble when the hedge funds and securities it held in the subprime mortgage market had lost nearly all of their value.  Over the coming months the firm posted a 61% net loss and severely damaged its credit.  In March of this year, the bank was on the verge of being insolvent.  On March 14, 2008, JP Morgan Chase and the Federal Reserve Bank of New York provided a loan to prevent Bear Stearns from insolvency, fearing the impact such an announcement would have on broader markets.  Two days later, the Fed helped subsidize a JP Morgan merger with Bear Sterns, allowing the stock to be traded at two dollars a share.  In a bid to boost investor and market confidence and gain support for their acquisition of the company, JP upped the share price to ten dollars on March 25.  This rise, combined with Morgan’s assertion that they will buy newly released Stearns stock, means the company will end up purchasing 39.5% of the company at an average of $65 a share.  This percentage, plus the influence of the current board, should give JP Morgan the influence it needs to gain control of the failed firm.

Topic Brief: 2008 Democratic March Primaries

Overview

It’s time for another domestic briefing. With the general news cycle being slow and the elections going insane, it is time to reexamine the primaries and really go into some of the things that will give extempers an analytical edge in the inevitable “who will win” round.  So we are going to briefly recap the March primaries, look to the major issues in the forthcoming states, and add some theoretical reasons to explain why things are as close as they are.

Topic Brief: Super Tuesday 2008

Overview

With 24 states having some variety of primary/convention/caucus, Super Tuesday had the potential to be the deciding day of the primaries. On the Republican side, John McCain used the day to gain a decisive lead. However, the Democratic debates stated closely contested – the difference currently between Clinton and Obama built almost entirely on super delegates. As such this brief will try to address both the why of the vote as well as the effect that this vote will have on the general election.

Who Won Where and the Delegate Count:  http://www.cnn.com/ELECTION/2008/primaries/results/scorecard/#D

Topic Brief: China-United States

By Michael Garson

Following the Cold War, extempers were cursed: they could not find a counterpart to American power. Surely the world will be much tougher to explain when it is unipolar! “Luckily”, China has happily fulfilled the role of rising foreign power that is supposedly hell-bent on supplanting the United States as hegemon. With a powerful economy, growing military, and non-European location, China is a dream for extempers. Not just can global events be tied into American power, but now they can be linked to China. Crisis in Africa? China’s fault. Democracy not catching on in Asia? China’s fault. A tree falls in Brazil? China’s fault. Aside from the fun that extempers can have in linking China to any and all speeches, understanding China’s intentions requires a great deal of research, analysis, and luck. Without the bombastic rhetoric that the Soviet Union employed, it can be hard to solve for China. This brief hopefully will provide enough information and possible explanations to give extempers a chance to get a better grasp of Sino-American relations.

This brief aims to examine how China and America interact by providing two hypothetical, and highly popular extemp questions. “Is China anti-American?” and “Can China overtake the United States” will both be examined as questions and answered in the affirmative and negative with three reasons supporting each response. Hopefully, this style of analysis will more closely lend itself to understanding the construction, and destruction, of arguments in an extemp-specific context.

Relations with the United States

Is China anti-American?

This question is largely derived from the politics of fear and a desire to better understand the world. First, the politics of fear are not a purely post-9/11 phenomenon, though President Bush and Rudy Giuliani have perfected it to a science. The basic concept is that you can scare the populace into action. Many nationalists see a country that is rapidly growing and immediately fear the worst: China is coming to take over the world. Therefore, evidence and logic are being pieced together to create a narrative. This story explains that China poses an existential threat to the United States.

Additionally, this question helps policymakers, and extempers, understand the world. Historically, growing powers have insatiable appetites for control. Likewise, they contend that China seeks to emulate the Soviet Union’s rise. The difference here is that China learned from the USSR’s mistake and has used economics. If dollars were used to end the USSR, the yuan could be used to wage war on the United States. Whether or not you believe China is anti-American, it is important to avoid clichéd arguments and faulty parallels. Examine all facts and look at which story of China’s rise makes the most sense.

Yes

1. Building alliances

At present, China is significantly weaker than the United States. By any measure

(military, economics, politics, diplomacy, culture), America is light-years ahead of China. Therefore, it would be obvious to the allegedly anti-American Chinese to build an alliance. The United States is not so far ahead of the world that it could withstand a multilateral political assault on its power. China’s economic overtures into the Middle East and South America are completely understandable. China needs oil to fuel its economy and markets to sell to. However, recent months have shown China moving from economic partnerships to political ones. As the amount of “international political conferences” increases, concern should follow. The more countries talk, the more likely they are to air out dirty laundry and attempt to address grievances. Some of those grievances likely include the United States. The main link necessary to make this argument is that China is engaging with the world maliciously. One is hard-pressed to look at political alliances and unequivocally claim that China is attempting to use mid-level powers as pawns to stop the American juggernaut.

2. Using economic power

With underdeveloped and overmatched political power, China’s only chance to

get under America’s skin is in economics. With billions of American dollars in storage, China has shown flashes of malice. Two summers ago China responded to an American tariff on Chinese textiles by removing the export tax. This one act, and myriad other isolated incidents, show that China is not afraid to unleash free-market principles on the world. Despite accusations of dumping, China is only scratching the surface. On a nearly weekly basis, newspapers are reporting about a new Chinese economic venture that threatens American jobs. Anytime China enters the global economic market, it can be interpreted as an overtly provocative act by alarmists.

3. Opposition to US on key issues

It is virtually a given that countries are going to disagree on issues. However,

when China and the United States do not see eye to eye, it is hailed another flashpoint in a growing Cold War. Famously, China has protected North Korea from American pressure and intervention. Support for a poor country led by a dictator with nuclear ambitions certainly seems suspicious on this side of the Pacific. Additionally, China has resolutely supported dictatorships and genocides if it serves the national interest. The Sudanese government has been shielded by China’s desire for oil. Mahmoud Ahmadinejad is allowed to be so bombastic and hostile partially due to Chinese support. There are so many disagreements that it could make even the most optimistic of extempers wonder if China is being obstinate. By supporting such unsavory characters, China has made politics exceedingly difficult for the United States.

No

1. Chinese desire for regional dominance

The underlying principle of China’s supposed anti-Americanism is that somehow

feels wronged. After all, countries would not have conflicts if there were not irreconcilable differences. In the case of China, some will argue that these differences do not exist. The central desire of the United States is security and prosperity at the national level by implementing security and prosperity abroad. One could argue that the United States does not want to control the world, but feels it is necessary.

China offers not a threat, but a solution to this situation. China is willing to take Asia off of the United States’ hands. As will be described later, China wants to implement a tribute-style system in Asia, where major policy decisions in the region run through Beijing.  Though certainly not the most democratic or “American” of countries, China only wants to control its own backyard. To the extent that stabilization of a continent is good, China is simply not anti-American.

2. Has not used power against America

In the world of politics, talk is cheap. It is easy for world leaders to condemn

other countries for running roughshod over international norms and expectations. The big leap is from words to action. Even if we are to accept Chinese rhetoric as decidedly anti-American, which it really has not been, there has been no subsequent action. Sure, China has occasionally sent missiles into the air and repealed export tariffs, but those actions can be declared to be anti-American. China could easily justify all their actions in the past decade under the banners of political unification and economic growth. Using the American judicial system, defendants are innocent until proven guilty. To level the charge of anti-Americanism on a country that has yet to accept the title could have very deep ramifications. To make the argument circular, labeling China anti-American could increase tensions, actually making China anti-American.

3. China needs America

The most obvious reason that China is not anti-American is because it would be

stupid to be. China simply cannot afford to intentionally oppose the United States. As evidenced by the Middle East, the United States do not take kindly to overt opposition. While an invasion of China would range from unfathomably counterintuitive to impossible, the United States could use diplomacy to make life a little tougher. Both countries are powerful to ruin each other (Mutually Assured Destruction theory makes a comeback!), so anger and destructive plans would be unwise.

Aside form the military angle, the United States serves as a key political and

economic asset. The United States currently calls the shots globally and its approval is a prerequisite for power. Influence in the international community with other democratic, industrialized countries would be difficult if the United States did not formally recognize China. Economically, the United States is a huge consumer of Chinese products. China has built an export-driven economy. Despite the recent economic slowdown and upsurge in economic nationalism, the United States has continued with insatiable appetite for foreign products. If China truly was anti-American, they would not continue to sell goods to them. Further, China currently holds a great deal of investments denominated in the American dollar.

Can China overtake the United States?

This type of question is exceedingly popular for policymakers and extemp question-writers. There is something very enticing about the idea of the world shifting from unipolarity. Impacting out of this question can be both fun and easy. Letting the globe be controlled by a communist country would unleash myriad ramifications that would interest even the most disinterested of judges.

The danger is in not defining terms. One of the most overlooked aspects of answering an extemp question is clarifying what exactly is being answered. Without a definition to what the question is alluding to, the next 5 minutes of the speech will be a complete waste of time. Power need not be defined in such literal terms as “Having an economy x times bigger than the 2nd largest or a military that can destroy the next 3 largest combined”. Simply saying in the introduction that “overtake” means being the most powerful is also not enough. Defining “most powerful” as the country that has the power to push its agenda the farthest would be sufficient. Though it makes answering the question and linking points to the answer harder, clarifying terms early gives the speech clarity, coherence, and a direction. Otherwise, a speech is 7 minutes of vagaries and incomplete arguments.

Yes

1. Economy will eventually surpass America’s

It would be pointless for this brief to trot out dozens of studies, charts, and graphs that determine precisely when China’s economy will be larger than that of the United States. An extemper can find out that information after spending a few minutes on Google. It is not the date of the change, but the seeming inevitability of it that scares American policymakers.  As noted in the previous brief of globalization, the significance of economics in global power is larger now than ever before. The ability to buy and sell alliances on the open political market has become commonplace. With double-digit growth, China does not even have to sustain its current growth rate to pass the United States. As America’s economy slumps due to high commodity prices, bad investments, and increased debt, China seems primed to be number one.

Within the context of a speech, it is imperative to link economic dominance to other measurements. Power is such a vague concept, that it is not enough to let a large economy be directly linked to hegemony. To provide evidence for this contention, I would advise extempers to use examples of how China has translated economics into politics. Numerous bilateral trade deals have been put in place. As referenced earlier, China’s relationship with Latin America is almost entirely out of economic convenience. Using Latin America as a case-study, extempers could show that if the world starts to see China as a stronger economic ally, then global support will shift to the Far East’s leader.

2. Undeveloped population and political power are resources

Though not entirely fair, it is somewhat logical that countries with more people

will be more powerful. Larger populations give way to greater economic growth, a stronger political base, and a larger military. With the possible exception of India, there is no more underutilized population than that of China. Roughly a third of China’s population in the booming southeast region of the country.  This means that there are 700 million people living in China’s rural areas to the north and west. In other terms, a population more than twice the size of America’s is largely engaging in subsistence farming in small towns. China’s meteoric rise despite only using a fraction of the population makes the sleeping dragon that much scarier. Again, extempers need to be sure to link a larger population into terms that can be directly associated with power. Explicitly how people can improve an economy, society, and military, coupled with an explanation of how those three factors directly lead to power may seem tedious. Yet, it is imperative that the judge is constantly aware that each argument and statistic is part of the competitor’s attempt to answer the question.

Aside from ignoring the majority of the population, China has yet to fully capitalize on its political capital globally. To reference previous briefs that addressed types of power, China may have more soft power than it realizes. As a refresher, soft power is the concept developed by Joseph Nye that allows countries to advance an agenda by showing common interests with another country. In other words, China’s role as the less-than-democratic counterpart to the United States may be very attractive to certain countries. Many countries around the world reluctantly align themselves with the United States out of fear and convenience. The support of the largest military and economy tends to let many smaller powers ignore any ideological disagreements. If China continues its rise, it could offer an alternative to small powers looking for protection. Hugo Chavez and Middle Eastern leaders would be free to say and do anything under the cover of China’s protection. Latin American populists and nationalists would no longer fear the United States. Though it would be extremely unlikely there would ever be a threat of conflict, China has the possibility of restarting a Cold War, bipolarizing the world. The only way to do this would be to add pressure to smaller powers to fall in line under the Chinese banner.

3. US is willing to give up the role

After World War II, the United States was left alone as the superpower. Despite a challenge from the Soviet Union, America has remained number one for roughly six decades. Being in control has offered alliances and a serious attempt at global democratization. Also, debts have been left unpaid since the world needs the United States as the global net consumer.  However, in the words of Uncle Ben, “with great power comes great responsibility”. The costs of leading the world are taking their toll and may be enough to convince the US to step aside and let China give it a try.

To review some of the problems of hegemony:

–          America has needed to lead efforts to stop despotism (World Wars, counter the USSR, get involved in Somalia, Yugoslavia etc.)

–          If America did not act, it was called selfish and racist (as evidenced by inaction in Rwanda)

–          If America did not act perfectly, it was called heavy-handed and inept (as evidenced by action in Somalia and the 2nd Gulf War)

–          Even if it does act nobly and effectively, it can be called imperial by helping to rebuild a country (Japan, Germany, Afghanistan)

–          It is looked at as the source of problems and solutions in the global economy

o   The United States is virtually required to be a net consumer to keep other economies afloat

I am not suggesting that the United States wants, or should, stop being a global leader. That debate is for another brief and largely irrelevant to China’s rise. However, it is relevant to the extent that a question involving China’s power relative to the United States could be partially answered by answering the American side of the equation. A rising China is irrelevant if the United States grows at the same rate. A falling America and growing China allows the extemper to show how the two countries will intersect sooner rather than later.

No

1. China lacks institutional alliances

Global (co-)dominance is not as easy as having the money and military to enforce

national agenda. No country could get away with an overtly aggressive foreign policy. Therefore, there needs to be subtle ways to indirectly use power to get the desired result. The best way to do so is through institutions. If a country has control over a respected organization or system, it can derive the benefits of power without the fallout of blame and jealousy. A prime example is America’s leading role in the WTO, World Bank, and IMF. America, and its western allies, use these organizations to implement a western economic agenda. Economic growth is closely monitored and regulated by the world’s elite. Countries that disobey economic or political norms can be punished with trade restrictions. Though underutilized, the United States exerts influence in the United Nations. As co-founder of the organization, America can make backroom deals to coax the right vote totals. To draw an unnecessary Harry Potter parallel, the United States has invested parts of it soul in many places around the world. Surpassing America’s economy and military is simply not enough. All of the “horcruxes” must be destroyed before China can officially claim victory.

When looking at where China can add institutional strength, the prospects look bleak. Some regional organizations, such as ASEAN may be helpful, but there simply are not that many global institutions that are not already controlled. The UN would be a viable option given China’s Security Council veto power, but the United States, France, and England provide a check on China. Unless China plans on growing so large and important that it can create a legitimate global organization that it can control, it will be nearly impossible to have institutional alliances. In the rare event that China can create a global group of significance, it would not matter. The sheer ability to do so would show sufficient power to be a global leader in the first place.

2. Regional, not global ambitions

This point requires a bit of applied knowledge and guesswork, but certainly is

valid. Historically, China has not aspired to be a global leader. Instead, it wants to have a pseudo-empire throughout Asia. China’s aggressive rhetoric is typically directed at fellow Asian powers, not the industrialized, western states. One of the reasons that the United States desired global dominance is because of a lack of history. Countries that have ruled before often want to return to the “glory days”. For the United States, there were no glory days, so it chased power to the greatest extent possible. In contrast, China’s glory days created a continental tribute system with China at the top.

A modernized tribute system is likely China’s goal. It would entail the same

geographic and political boundaries throughout the region. Any time that a smaller power wanted to enact a significant policy change, it would ask China for approval. Countries would have independence, but be subject to Chinese oversight. This idea does seem horribly antiquated and infeasible, but when Chinese leaders reference their golden ages, it is clear that they have a love affair with the past. Indeed, China may desire to make its past its future. Clearly, if China does not have global ambitions, America will remain at the top, regardless of China’s power possibilities.

3. Lacks a uniform foreign policy to set a global agenda

Certain bedrock principles are required to make a push for hegemony. The United

States has relied heavily on capitalist and democratic rhetoric. World Wars were justified to the people as a war against tyranny and despotism. The Cold War was a protracted struggle for basic human freedoms. America left the Gold Standard in order to preserve economic freedom for the masses. While there are some exceptions, the United States’ actions have been largely predictable. Countries that stand beside America know exactly what they are signing up for.

In contrast, China lacks those principles. One could argue that China is simply a

re-creation of the Soviet Union. They are both communist countries that reject American democracy. However, the similarities end there. China has employed free-market principles and loosened restrictions on democracy. The only common thread of China’s actions in the past few decades is a desire for power. While desiring strength is fine as an internal decision-calculus, it does not make for a foreign policy. A world led by China would be very inconsistent. Petrostates would be left unchecked, some democracies challenged, and other countries ignored. Power is not a guiding principle for global power distribution. Ruling the world would prove impossible, forcing the world to descend into international anarchy. Surely countries recognize the potential for ineptitude in leadership and wish to avoid such a fate. Therefore, few will consent to Chinese leadership, creating a global coalition against China surpassing the United States.

“China’s Peaceful Rise.” Brookings Institute. <http://www.brookings.edu/press/Books/2005/chinaspeacefulrise.aspx>.

This book review references speeches by Zheng Bijian during the turn of the millenium. Zheng was the first Chinese official to coin the term “peaceful rise”. This philosophy holds that China can grow into a powerhouse without encroaching on the pre-existing order.

Ikenberry, G. John. “The Rise of China and the Future of the West.” Jan.-Feb. 2008. Foreign Affairs. <http://www.foreignaffairs.org/20080101faessay87102/g-john-ikenberry/the-rise-of-china-and-the-future-of-the-west.html>.

This article starts off with a dangerous proposal: China is guaranteed to overthrow the United States. Working off of this starting point, Ikenberry explores what the world would look like. His solutions are extremely fascinating and provide myriad impacts, AGDs, and possibilities.

Naim, Moises. “Can the World Afford a Middle Class?” Los Angeles Times. 8 Feb. 2008. <http://www.latimes.com/news/opinion/la-oe-naim8feb08,0,3322827.story>. Mr. Naim, editor of Foreign Policy magazine, looks at the growth in the developing world and explores its ramifications. He notes there simply may not be enough resources globally to go around. Americans have long benefited from taking more than their alloted share of the world’s offerings. If the Chinese middle class become more powerful, they will inevitably be at loggerheads with the United States’ population.

Thornton, John L. “Long Time Coming.” Jan.-Feb. 2008. Foreign Affairs. <http://www.foreignaffairs.org/20080101faessay87101/john-l-thornton/long-time-coming.html>.

Thornton contends that China is in fact democratizing. Even though it may in be at the rate or fashion that the United States desires, China is opening up. He certainly does not make a groundbreaking argument but combines fact with theory to create a narrative of a liberating China.

“U.S. Based Global Firms Oppose Trade Limits on China.” 7 Feb. 2008. MarketWatch. <http://www.marketwatch.com/news/story/us-based-global-firms-oppose-trade/story.aspx?guid=%7BA8DA2B44-3619-462C-917E-0411F544D5AB%7D>.

During economic hard times, there is an impulse to stop international trade. This article investigates how American policymakers are grappling with seeing China as the cause and/or solution to America’s economic woes.

Topic Brief: New Hampshire Primary

By Logan Scisco

The presidential primary season is fast approaching and by the time next month’s briefs are released the chances are that the Iowa caucuses will have been completed and we will be mere days from the New Hampshire primary.  These two contests highlight the beginning of the presidential nomination calendar and despite the movements of primaries in Florida and California, both states have managed to retain their position as being first in the nation when it comes to presidential politics.

The New Hampshire primary is the first presidential primary conducted in the presidential nomination system.  Some extempers may say “I thought Iowa was,” but it is important to remember that Iowa operates under a caucus system and not a primary election system.  If extempers remain unclear on this issue or wish to explore these differences in more depth I would encourage them to check out the Iowa caucuses brief I wrote for the September edition of Extemp Question Central Extemp Topic Briefs.

This year’s New Hampshire primary date has been set for January 8th, a mere five days after the Iowa caucuses which will occur on January 3rd.  This means that the population of both Iowa and New Hampshire will have to endure presidential campaigning during the holiday season.  It also means that the losers in Iowa will not have the typical recovery time of several weeks before New Hampshire voters go to the polls.  These two contests have been put in such close proximity to each other due to states trying to become a more important part of the presidential nominating calendar.  Earlier this year, Florida moved its primary into January and California moved theirs to February despite threats by both major parties that they would lose delegates to their nominating conventions next summer.  Due to states moving their primary calendars forward, it has threatened the traditional positioning of Iowa and New Hampshire as the first presidential contests.  Therefore, instead of having the Iowa caucuses in late January and the New Hampshire primary in early February, the system has been tweaked to make these contests even earlier.

This brief will follow much of the same format as the Iowa caucuses brief in September.  I will discuss the history of the New Hampshire primary, how it works, and where the race for the presidency for each party stands at the current time.

Topic Brief: High Oil Prices

By Logan Scisco

Extempers receiving questions on the price of oil and its relationship to the United States economy just keep coming.  In fact, I can hardly remember a tournament that I attended in high school that didn’t have a single question on the price of oil, OPEC, and/or what the United States could do to reduce its dependency on foreign oil.  Why do extempers get asked these questions a lot?  The answer boils down to a combination of question writers needing to think of questions that most people can answer and most judges will have some knowledge about and also the fact that high oil prices (which lead to higher gas prices) affect the vast majority of Americans in some way, shape, or form.

High oil prices are one of those unique issues that tends not to divide along partisan lines.  Sure, the GOP accused the Clinton administration of never having a real energy policy for the country, but the same was said of George W. Bush’s administration until this year when an energy policy was finally crafted.  Americans may differ in their views about abortion, gun control, gay marriage, etc. but when more and more of their income is going to gasoline then they become quite angry.

However, in light of how high oil prices tend not to be a partisan issue they due spark controversy over energy policy.  Conflicts emerge between the poor, who are most affected by a price increase of gasoline, and the rich, who for the most part can still afford to drive their cars or fly their fancy jets although they may have to cut back on it.  Conflicts also emerge between environmentalists who want cleaner, renewable sources of energy that will benefit America in the future and businessmen who want more supplies of oil on the market that will benefit America in the present.

This brief is an attempt to briefly show why the price of oil has risen, the economic impact of high prices, what can be done to combat the influence of OPEC (a topic that never seems to want to go away), and a brief explanation of some types of renewable energy sources.

Topic Brief: Iowa Caucuses

By Logan Scisco

This is a “transition” year for domestic politics questions in extemporaneous speaking.  What I mean is that this is the last full season extempers will have to read about the Bush presidency.  When the 2008-2009 season begins, extempers will only have to deal with the Bush presidency until the Montgomery Bell Extemp Round Robin at the latest.  After that point, all questions about the Bush presidency will become more evaluative in terms of his performance over eight years in the White House and extempers will have to study and learn the names of a new batch of administrative officials, not to mention the ideology and temperament of a new president.

However, the first step in this “transition” year for domestic extempers is to focus on the presidential primaries.  This is a unique election season because it is one of the first times in recent memory that a sitting vice-president is not contending for his party’s nomination.  As a result, the Republican Party has been thrown into chaos and has been divided in its attempt to fight off a rejuvenated Democratic Party in the 2008 elections.

For many presidential contenders all roads to the White House go through Iowa.  Its unique caucus format, which will be explained in this brief, tests the skills of presidential contenders in terms of fundraising, building a solid support team, and their ability to charm voters.  Iowa is the first presidential contest on the primary calendar and the candidate who is able to harness a victory in the state has the ability to use that victory to enhance their position in the race.  Just look to John Kerry’s reversal of fortune after he won the Iowa caucus in 2004 to get a glimpse of that.

Since the Iowa caucus is the first presidential primary contest it will receive a large amount of media coverage for the first half of the 2007-2008 season.  Although the date of the Iowa caucus has not been set, political pundits are forecasting an early January date, if not a date in late December.  Extemporaneous speaking questions on the Iowa caucus are bound to arise and even if extempers do not confront a question about the Iowa caucus directly they will need to include an analysis of Iowa in almost every question dealing with presidential contenders and their chances of winning the nomination of their respective party.

Page 3 of 3

Powered by WordPress & Theme by Anders Norén