John Ransom
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The Obama Land Office is doing booming business these days. Strategic gains are being made by America’s enemies at a record clip.

Not since Roosevelt gave away Eastern Europe at Yalta, has an American president so disordered the strategic balance of power worldwide. Roosevelt we now know was dying when he attended the Yalta conference. Obama, on the other hand, has been dead from the neck up for a long time.

So it comes as little surprise that U.S.-Chinese relations have entered a new phase with hardliners behind the bamboo curtain directly challenging Japanese sovereignty and thereby directly challenging American power in the Far East.

China has claimed air defense zones above islands in the East China Sea that are occupied by the Japanese.

“China declared a protected territorial zone over territory it does not occupy,” explains NightWatch. “It has the power, but not the right to make such a declaration. The right is that of the occupant or owner. Whenever a claimant asserts such a right, it is a de facto challenge to the occupying power and fundamentally destabilizing.”

NightWatch goes on to say that stability has been a key tenet of Chinese policy throughout the region, even to the extent of chastising North Korea for its destabilizing tendencies.

“Chinese military leaders and sovereignty hard-liners have moved too fast in two respects,” reports NightWatch. “They have issued declarations that exceed China's enforcement capabilities and they have issued rules that inherently destabilize northeast Asia, which party leaders have insisted repeatedly must remain stable.”

Yes, except destabilization has worked wonders for Russia and Iran in the Middle East.

For both Tehran and Moscow, Obama’s curious lack of policy has been one of those accidents of history-- a golden BB that sinks the mightiest battleship.

The Obama administration has shown no resolve in tackling tough foreign policy issues, instead the administration runs foreign policy by power vacuum.

They retreat and then see what happens in the absence of US power.

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John Ransom

John Ransom is the Finance Editor for Townhall Finance.