London Olympics 2012

Quote from RCG Trader:

... Know I know you angry white conservative men think you are America, but you are not. I root against you and your outmoded thinking...
Says the angry male nurse with dreadlocks and a third shift job. :D
 
you can have an opinion about the USSR, but you can't change the facts. americans do not have bad memories... we won.
Even Hollywood was on board.


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Excuse making is for others..winners just say thanks.



Quote from SouthAmerica:

August 12, 2012

SouthAmerica: Hi jem

At the end of the day who gives a shit about silver and bronze medals? – what counts is who won the gold medal – who cares about 2nd and 3rd places?

Brazilians are not happy that Brazil won the silver medal in man's soccer in the 2012 London Olympics – who cares about the team that lost the gold medal final game?

I understand that comparing the former Soviet Union with the United States brings bad memories, and Americans take it the wrong way.

Then let's compare apples with apples as follows:

The European Union GDP is 16 percent larger than US GDP.

The European Union population is 62 percent larger than the US population.

The European Union "sport system" were able to win 3 times the number of medals than the United States.

***

European Union GDP US$17.6 trillion in 2011

Population: 503 million


United States GDP US$15.1 trillion in 2011

Population: 310 million

***

2012 London Olympics Final Medal Count

European Union (composed of 27 member states) = 304 medals

United States = 104 medals


*****


Total Medals 2012 London Olympics

EUROPEAN UNION (composed of 27 member states)

Austria = 0
Belgium = 3
Bulgaria = 2
Cyprus = 1
Czech Republic = 10
Denmark = 9
Estonia = 2
Finland = 3
France = 34
Germany = 44
Greece = 2
Hungary = 17
Ireland = 5
Italy = 28
Latvia = 2
Lithuania = 4
Luxembourg = 0
Malta = 0
Netherlands = 20
Poland = 10
Portugal = 1
Romania = 9
Slovakia = 4
Slovenia = 4
Spain = 17
Sweden = 8
United Kingdom = 65

Total European Union = 304 medals

.
 
Quote from TheBlackHand:

S. America:

Your argument is still deeply flawed.

USA is one country. Its acts as one country.

Europe and former USSR countries are independent. For example, the french athletes will train separately, have different tactics than the Dutch, the Germans, The British etc (partly because every one hates the filthy french of course - but I digress).

You may as well count the medals of Chilli, Canada, Cambodia, Cameroon, Colombia, Croatia, Czech Republic and other countries that begin with C and compare against China. It makes as much sense.

How about Africa v the state of Kentucky? The love of fried chicken and water melon is probably equal in both places.
August 13, 2012

SouthAmerica: Reply to TheBlackHand


Maybe you are not aware, but the European Union has a Parliament:
http://europa.eu/about-eu/institutions-bodies/european-parliament/index_en.htm


They have all kinds of statistics about the European Union as a political and economic unit:
http://europa.eu/documentation/statistics-polls/index_en.htm


The euro is the official currency of the eurozone, (which consists of 17 of the 27 member states of the European Union) and it is also the currency used by the Institutions of the European Union.
http://en.wikipedia.org/wiki/Euro


I don't know if you can grasp the difference between the European Union, and what you said: “You may as well count the medals of Chilli, Canada, Cambodia, Cameroon, Colombia, Croatia, Czech Republic and other countries that begin with C and compare against China. It makes as much sense.”

By the way, I never heard of the country that you listed as “Chilli” - in which continent is that country located?

Anyway, the only truly global competition we had regarding the 2012 London Olympics was in man's soccer – that tournament took 2 year and all 204 countries in the world participated on that competition – only the final 16 finalists participated in the final elimination process of the last 2 weeks that produced the winner of the gold medal in man's soccer.

By the way, the United States did not even make the final group of 16 countries that ended up in London for the final stage of the tournament, because the United States soccer team had been eliminated by Honduras during the elimination process.

Please don't give me woman's soccer as an example, because only a handful of countries play woman's soccer, and most people don't care about woman's soccer other than the United States.

In a nutshell: Even tough the members of the European Union speak different languages, and they have a different way of training their athletes, their system is far superior than the American way, since their more flexible and diverse tactics system generated 3 times the number of medals than the conformity single-minded American system.

.
 
first of all as an american... I say good work.
We are happy when others do well.

but now I have to ask you. what is the point... you want us to become socialists?

sweden's economy is finally growing and doing better than most of the rest of europe... since they cut taxes and spending. Does that mean you will be a fiscal conservative now.

Quote from SouthAmerica:

August 13, 2012

SouthAmerica: Reply to TheBlackHand


Maybe you are not aware, but the European Union has a Parliament:
http://europa.eu/about-eu/institutions-bodies/european-parliament/index_en.htm


They have all kinds of statistics about the European Union as a political and economic unit:
http://europa.eu/documentation/statistics-polls/index_en.htm


The euro is the official currency of the eurozone, (which consists of 17 of the 27 member states of the European Union) and it is also the currency used by the Institutions of the European Union.
http://en.wikipedia.org/wiki/Euro


I don't know if you can grasp the difference between the European Union, and what you said: “You may as well count the medals of Chilli, Canada, Cambodia, Cameroon, Colombia, Croatia, Czech Republic and other countries that begin with C and compare against China. It makes as much sense.”

By the way, I never heard of the country that you listed as “Chilli” - in which continent is that country located?

Anyway, the only truly global competition we had regarding the 2012 London Olympics was in man's soccer – that tournament took 2 year and all 204 countries in the world participated on that competition – only the final 16 finalists participated in the final elimination process of the last 2 weeks that produced the winner of the gold medal in man's soccer.

By the way, the United States did not even make the final group of 16 countries that ended up in London for the final stage of the tournament, because the United States soccer team had been eliminated by Honduras during the elimination process.

Please don't give me woman's soccer as an example, because only a handful of countries play woman's soccer, and most people don't care about woman's soccer other than the United States.

In a nutshell: Even tough the members of the European Union speak different languages, and they have a different way of training their athletes, their system is far superior than the American way, since their more flexible and diverse tactics system generated 3 times the number of medals than the conformity single-minded American system.

.
 
Quote from jem:

first of all as an american... I say good work.
We are happy when others do well.

but now I have to ask you. what is the point... you want us to become socialists?

sweden's economy is finally growing and doing better than most of the rest of europe... since they cut taxes and spending. Does that mean you will be a fiscal conservative now.
They cut taxes and spending... to a level still higher than ours.

Sweden devalued.
 
Quote from Ricter:

They cut taxes and spending... to a level still higher than ours.

Sweden devalued.

please explain

they did what I have been saying we should do... and it worked for them.

if you wish to differentiate their situation... we need a bit of an explanation. krugman crap will not do here. we need real answers and real questions and real facts.
 
Quote from jem:

please explain

they did what I have been saying we should do... and it worked for them.

if you wish to differentiate their situation... we need a bit of an explanation. krugman crap will not do here. we need really answers and real questions.
You need my help looking up Sweden's and the US's taxation and spending as a percent of GDP? If I posted them, would you believe them without looking them up to verify? If so, why then, but not now?

The point is, if cutting of those alone always boosts GDP, then it follows that cutting to zero is the best thing you can do to maximize growth. But it's not, obviously, thus compromises have to be made. Which means logically the ideal rates are somewhere between 0 and 100%. Where is ideal? Sweden has cut their rates, but those rates are still higher than ours, so maybe the ideal rate is above ours. Unless other variables are involved... So stop saying "all we have to do is cut taxation and spending", it's not that simple.

As for a "non Krugman" explanation of Sweden's devaluation, that's also easy:

http://www.reuters.com/article/2012/02/14/us-sweden-lessons-idUSTRE81D17N20120214
 
Now this is what I call productive.
We agree taxes vs revenue perform on a curve. (that alone takes a sufficient IQ to understand) .....

and

we seem to agree with sweeden's answers. Which makes you a genius leftist...

wow....

-----
I would note... I am not so sure we need a more independent fed
and this seems to be what Romney has been proposing.



__


"The reforms included a shake up of the tax system which led to lower rates of income tax for workers, but broadened the tax base with the aim of making it fairer and more efficient.

The central bank was also later given its independence and inflation-targeting was introduced.

The country introduced fiscal rules to cap the budget deficit and spending and the pension system was changed to make it more sustainable in the long term.
Sweden was opened up to more competition, particularly with entry to the European Union in 1995.

Nevertheless, ordinary Swedes did suffer in the crisis due to surging unemployment, with the rate never falling back to pre-crisis levels of about 2 percent.

Hans Tson Soderstrom, professor at the Stockholm School of Economics, was invited by the authorities to meet IMF missions who flew in to Stockholm demanding austerity.
"We had shouting matches. The IMF just didn't see the risks of too much austerity," he said. "After a while they didn't invite me back to these meetings."

After the crisis, consumers began to repay debts. The domestic savings ratio was -8 percent of GDP before the crisis, but by 1993 it was plus 12 percent, a shift of a fifth of GDP.

A January report by the McKinsey Global Institute says Sweden's banking measures were critical to kick-start lending. It warned cutting spending too aggressively can slow recovery, as happened in Finland in 1992 amid private debt deleveraging.

"We started out with some kind of rather mild austerity measures," Lundgren said. "Instinctively we understood that you couldn't do so much when you have this phase of the private sector debt consolidation."

"Austerity measures would then only add to the problems we had. You cannot go to markets and say we are doing austerity measures, 'Hey, please lower long-term yields',"

Included in the Swedish austerity moves were cuts in housing subsidies that amounted to 2 percent of GDP and reductions in grants for the unemployed. Energy taxes were indexed.
When Lundgren was forced to raise revenues, he refused to raise tax rates but instead closed loopholes, such as tax deductions."


http://www.reuters.com/article/2012/02/14/us-sweden-lessons-idUSTRE81D17N20120214

Quote from Ricter:

You need my help looking up Sweden's and the US's taxation and spending as a percent of GDP? If I posted them, would you believe them without looking them up to verify? If so, why then, but not now?

The point is, if cutting of those alone always boosts GDP, then it follows that cutting to zero is the best thing you can do to maximize growth. But it's not, obviously, thus compromises have to be made. Which means logically the ideal rates are somewhere between 0 and 100%. Where is ideal? Sweden has cut their rates, but those rates are still higher than ours, so maybe the ideal rate is above ours. Unless other variables are involved... So stop saying "all we have to do is cut taxation and spending", it's not that simple.

As for a "non Krugman" explanation of Sweden's devaluation, that's also easy:

http://www.reuters.com/article/2012/02/14/us-sweden-lessons-idUSTRE81D17N20120214
 
Quote from SouthAmerica:

August 13, 2012

SouthAmerica: Reply to TheBlackHand


Maybe you are not aware, but the European Union has a Parliament:
http://europa.eu/about-eu/institutions-bodies/european-parliament/index_en.htm


They have all kinds of statistics about the European Union as a political and economic unit:
http://europa.eu/documentation/statistics-polls/index_en.htm


The euro is the official currency of the eurozone, (which consists of 17 of the 27 member states of the European Union) and it is also the currency used by the Institutions of the European Union.
http://en.wikipedia.org/wiki/Euro


I don't know if you can grasp the difference between the European Union, and what you said: “You may as well count the medals of Chilli, Canada, Cambodia, Cameroon, Colombia, Croatia, Czech Republic and other countries that begin with C and compare against China. It makes as much sense.”

By the way, I never heard of the country that you listed as “Chilli” - in which continent is that country located?

Anyway, the only truly global competition we had regarding the 2012 London Olympics was in man's soccer – that tournament took 2 year and all 204 countries in the world participated on that competition – only the final 16 finalists participated in the final elimination process of the last 2 weeks that produced the winner of the gold medal in man's soccer.

By the way, the United States did not even make the final group of 16 countries that ended up in London for the final stage of the tournament, because the United States soccer team had been eliminated by Honduras during the elimination process.

Please don't give me woman's soccer as an example, because only a handful of countries play woman's soccer, and most people don't care about woman's soccer other than the United States.

In a nutshell: Even tough the members of the European Union speak different languages, and they have a different way of training their athletes, their system is far superior than the American way, since their more flexible and diverse tactics system generated 3 times the number of medals than the conformity single-minded American system.

.

You talk rubbish.

Just because Europe may be more Economically integrated, they are STILL INDEPENDENT COUNTRIES. They have their own laws and train their athletes independently of each other. Try telling a filthy frenchman he isnt french but European, and he'll break your nose, I guarantee!

Seeing as you cant see the obvious, let me put it another way: Why dont you compare all the medals of the Commonwealth? UK, Australia, NZ, Canada, etc? Again you will fail, as again it is a ridiculous comparison, as yet again, the countries are INDEPENDENT. Yes they have something in common (HRH Queen Elizabeth II) - just like the other countries I had listed start with 'C' have something in common.

I notice you totally avoided my other reference to Russia.

And why are you talking about soccer for? Trying to dodge the point I guess.

YOU ARE A FREEDOM HATING RED COMMIE!

I suggest you bow out gracefully and never darken this thread again with your commie jibber jabber
 
Quote from TheBlackHand:

You talk rubbish.

Just because Europe may be more Economically integrated, they are STILL INDEPENDENT COUNTRIES. They have their own laws and train their athletes independently of each other. Try telling a filthy frenchman he isnt french but European, and he'll break your nose, I guarantee!

Seeing as you cant see the obvious, let me put it another way: Why dont you compare all the medals of the Commonwealth? UK, Australia, NZ, Canada, etc? Again you will fail, as again it is a ridiculous comparison, as yet again, the countries are INDEPENDENT. Yes they have something in common (HRH Queen Elizabeth II) - just like the other countries I had listed start with 'C' have something in common.

I notice you totally avoided my other reference to Russia.

And why are you talking about soccer for? Trying to dodge the point I guess.

YOU ARE A FREEDOM HATING RED COMMIE!

I suggest you bow out gracefully and never darken this thread again with your commie jibber jabber

Reply to TheBlackHand


TrapWire: American cities under total surveillance? - August 13, 2012

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A secret surveillance program known as TrapWire was revealed by WikiLeaks last week, but continuing distributed denial of service attacks have in turn eliminated access to the site for many people. The loose-knit hacktivism collective Anonymous has pounced on the TrapWire story, though, and has launched an operation to expose the truth behind the program and the companies it is connected to. RT Web Producer Andrew Blake broke the story last week and is back to bring up the facts about an effort to blanket America in a state-of-the-art surveillance system.
 
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