Search results

For those that prefer we dramatically reduce debt and slash gov't size and spending: What will happen to GDP and unemployment? (I'm just playing devil's advocate here)

Personally, I think these financial companies should be subsidized to move to Iran, Venezuela, and North Korea. Hit several birds with one stone.

I'll agree that Obama has done little to reign in the banksters. But let's be honest. No president or party has a better record either. This goes back decades and there is ample proof that both parties are at fault. Both parties are entrapped - whether they control the executive or...

The Christmas season has its roots in the Winter Soltice - an event celebrated for millenia by different people using different religions and gods. Personally - I am thrilled that soon each day will be growing by a minute. I think I have that seasonal attentive disorder when it starts...

Honestly, I don't think there's that much more lending to be done - above what's being done right now. The Banks know that the old paradigm is dead - that many municipalities, individuals, states, corporations large and small - are overly levered. That's why I don't get it when Obama and...

Rent seeking, market rigging companies.... that provide little societal value? hmmm.. Fuck 'em

The land of the free... greatest democracy on earth.... please. Even a small country like Greece - riddled with corruption - is taxing their banksters at 90%!!!! What does that say about our democracy? What a farce.

You forgot this one:

I'm no expert in Solar desalinisation - but from a few things I have read on the topic, it's not scalable or commercially that viable. I could be wrong - I'd be happy to see a link to an article showing me otherwise. My experience with a lot of these technologies is that most people read...

Do the math... if you use coal to desalinate, than you no longer have 200 years worth. Here are some numbers to consider: If you have a resource that is enough to last 100 years at current levels.... If your usage grows just 2% a year, you no longer have 100 years - you have 55 years...

I'm no scientist - but you guys are way off. Desalinization is expensive. That's why the Saudi's are giving up on it for farming and buying land in Africa instead. As for energy options. Understand the law of thermodynamics and your silly dreams of a perpetual motion machine will go away...

I would somewhat disagree. If you look at Empires from Persia to Greece/Macedonia to Rome... Spain, France, Britain, US, USSR you notice one thing. They all (on average) lasted less than the previous empire. Due to technology and population growth which requires resources, each...

Greece is not leaving the EU. Rumors to that effect are promulgated by investors trying to make a quick buck. Greece needs the European Union for long term national security reasons, which in my view, trump possible short term financial benefits, if any from leaving. Complying with EU...

They always had economic might, but Britain would pit European countries against eachother for centuries to keep them down economically. Then Hitler and his V-1 Rockets overcame the natural defense of the English Channel.... and so the EU was created. England couldn't be so easily insulated...

No problem. Hope all's well.

That Colbert piece only focuses on the BUYING end. What about the individual level SELLING end? There is a GIANT market for middle/lowermiddle class/poor people selling their gold well under spot. Wouldn't this ultimately depress the gold market or at least cool off the exchange...

Those borrowers, though irresponsible, were merely pawns. Securitization and CDSs became a money printing operation. Irresponsible buyers were the unwitting fuel. And if it wasn't housing, Wall Street would have found something else to inflate. That's what it does. And when it fails, it...

Short term correlation? The chart covers a 60 year time period. Look at the chart again, and you will see that the decade following 1971 (closing of the gold window) is where the debt to GDP diverge dramatically. 1971, in my view, is a watershed moment in US history. The economy thereafter...

My only opinion was that Zbig wasn't being careless. Zbig knows a hell of a lot more of what's really going on in the middle east than you and I do. Read the article. Why does he say "reverse Liberty?" Isn't that a hint that we would "accidently" shoot down Israel's planes? Don't...

This topic has already been adressed by the USA. Due to political constraints, sometimes diplomatic channels are unconventional - but the message is just the same. Zbig Brzezinski: Shoot Down Israeli Planes if They Attack Iran http://www.israelnationalnews.com/News/News.aspx/133515 Guys...