2019年2月27日星期三

Here's what Trump's up against in Hanoi today

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FEBRUARY 27, 2019
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Here's What Trump's Up Against at Today's Summit with Kim in Hanoi
By William Patalon, III, Executive Editor, Money Morning

On Monday, on the eve of the "round two" denuclearization talks between U.S. President Donald Trump and North Korean leader Kim Jong Un, a news story broke that Pyongyang's main nuclear reactor for making weapons-grade plutonium may still be operating.

I wasn't at all surprised.

The fact is, whenever people ask me if I think we'll be able to get North Korea to give up its nukes, I don't offer a direct response.

Instead, I send them to the "Bamboo Lounge."

That's right - I tell those folks to watch the one-minute, 40-second "introduction" scene in Martin Scorsese's classic gangster movie, "Goodfellas."

You know the scene I'm talking about.

It starts just outside the Bamboo Lounge; from there, the camera takes us inside and then through the bar and restaurant. In a voiceover, Ray Liotta's "Henry Hill" character introduces us to all the "players" in this crime drama.

The scene is critical because Henry Hill imperiously details the "Goodfellas mentality" - and explains why he and his thug cohorts consistently run roughshod over the rule-following, law-abiding side of society.

"For us to live any other way was nuts," Henry tells us. "To us, those goody-good people who worked [crummy] jobs for bum paychecks and took the subway to work every day and worried about their bills were dead. I mean, they were suckers. They had no balls. If we wanted something, we just took it. If anyone complained twice, they got hit so bad, believe me, they never complained again. It was just all routine, and you didn't even think about it."

That's powerful stuff.

Criminals know that "regular" folks are going to follow the rules, will observe all the "niceties" of civilized society, and probably won't fight back - they're too scared of the possible consequences.

In fact, the mobsters count on that.

Rogue nations - like North Korea - operate in just the same way. They have that same "Goodfellas mentality." They push the line. And they keep pushing it - banking on a belief that "civilized" societies, like the United States, will succumb to "diplomatic realities" - and back down.

And when I look at the latest headlines and think back over the history of denuclearization talks with Pyongyang, that "Goodfellas"scene keeps playing over and over in my mind like it's on an infinite loop.

Indeed - despite the almost giddy repartee between the two leaders over the last two weeks ahead of the start of "Trump/Kim 2.0" today in Hanoi, Vietnam - these newest developments combined with past events lead to only one conclusion.

North Korean President Kim is still more "Goodfella" than a "good fella." And Washington better be careful.

Let me show you what I mean. Then let me show you what to do... Full Story

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