ShcShc11

See Massachussets. Costs went down btw.

Solution: Public Health Care. That way, a little white cup (the cups you use to put ketchup) doesn't cost 60,000$ (like it is said from Time magazine) in the U.S, but 0.0008$ in Canada (McGill Montreal Hospital). But people are stubborn believing capitalism actually brings health care cost down.

See Australia, Solar is cheaper than coal electricity for the past year. Wind is going be cheaper than coal or oil in the States by 2017 (average predictions) and 2019 according to oil companies`latest investor reports (BP predicts this will happen in 2020). However, Natural Gas will stay king (and absurdly cheap) in the States until at least 2030; possibly 2040. Fracking is the equivalent of the Texas oil rush of the 1920s. Cheers! Shc

I was hoping to see this speech too when I read the title

Was it the leg-straps that made him unconscious?

Not surprised. Its Fox News. 1 step away from being the Onion

http://nraila.org/Issues/FactSheets/Read.aspx?ID=15 George Clooney, Chaka Khan, the American Medical Association, Bon Jovi and C. Everett Koop, Britney Spears... The list includes just about every major American faith group and denomination, every major ethnic group and voter constituency. I'm not anti-gun, but NRA's enemies list is a farce. An awkward attempt to intimidate. Cheers! Shc

LOL and the 49ers are back after the magic blackout. 31-29...

I'm actually really impressed lol.

In a market. Obamacare destroys that market. It will now choose itself who to favor. Maybe if all smokers start voting Democrat they won't be hit as hard. Obamacare is a market-oriented Health Care; probably more so than the previous health care system. See Massachussets health care- its definitely more market oriented.

And somewhere along the way they'll go after those who participate in high-risk sports, who use emergency rooms more than the couch potatoe population. Folks like skydivers. Health Care based on private insurance already did / does that. Universal Health Care doesn`t... Cheers! Shc

Alien 3. David Fincher's worst movie to career

In all honesty, what I want to do is lay out a more accurate picture of what is really happening with the economy since its full of 1984-esque stereotypes. I have nothing against lawrocket, but this is what`s awful in our current ways of thinking the economy. Its reduced to generalized comments / stereotypes. 1) The theory itself is not necessarily false, but it is very very elementary (its like learning basic additions before calculus). It is always necessary to take into account what happened since 2009. And I highly doubt any reputable would look at September 2008 and say: ''In order to save the economy and the financial sector, we have to bring tax to 0%''. Even with 0% tax, it wouldn`t have saved the economy for the post Sept-2008 era. 2) There are even downright evidence that notion might be false EVEN during normal-rate employment. Bush 2001-2007 is a prime example about this. But this is whole other story... If not Wolf, look at Jan Hatzius of Goldman Sachs who suggested the same. Do you really want to discuss about EU woes 1) the EU post-2008 era is the perfect example that supports my assertions. See any of my previous posts for the lengthy discussions/details about it. 2) Spain having Euro as a currency is like a country being pegged to a foreign currency OR a country pegged to the gold standard. -> Wiki any country that used to be with the gold standard, see their symptoms/consequences and you'l realize they are eerily similar. Another good example would be National Socialist economy 1934-1938. See book by Adam Tooze. Summary: National Socialist leaders did not want to devalue their currency creating this super-void of foreign currency that nearly bankrupted the regime in 1934. Cheers!

You can look at the numbers too. :) I think EU and Belgium is a prime example where public contraction (through a badly managed and badly conceived system) is showing EXACTLY why it is a bad idea to contract during zero-bound economy. The private sector is shrinking there. Even the Germans are feeling the private contraction IN SPITE of the EU subsidizing their exports through the Euro currency. Cheers!

Thanks!

http://www.ft.com/intl/cms/s/0/dd2d89f4-63c0-11e2-af8c-00144feab49a.html#axzz2Is8aIczs Good article by Wolf on Financial Times. Mini-summary: There is a sharp movement from financial deficit to financial surplus in the PRIVATE sector that is directly attributable to the Federal spending. ... I admire that we care so much for the well-being of the country, but its clear enough that today's private sector surplus would not have been achieved without the public sector during the post-2008 collapse. For anyone who still believes that deficit is our main concern should at the very least read the article. Cheers!

Its surprising how desperate people seem to be to defend the ARs. ''the bullet holes are tiny henceforth its the least of your worries!''. I like firearms so I rather not see them banned. But, the pro-firearms should rely less on bogus arguments and try to at least truthfully answer: ''what is better for society as a whole.'' Cheers! Shc

Had the blue balls too on Monday.

What I wrote was "create wealth (in the broadest sense)" Nice try at misquoting, though. Its a pretty naive viewpoint. Accountants and Auditors are there to keep business and people (engineers, scientists alike) honest and ensure they have integrity. Probably little known fact, but the Higgs boson project was financially viable because of CPAs. I don't know about you, but integrity & honesty is part of wealth creation. Shc So is dishonesty so long as you don't get caught and even when you get caught you might not have to pay back nearly the wealth you got. Lance Armstrong--- worth $100m Don't care about Lance but if we want to be technical about, his "wealth creation" is (or was): entertainment + inspiration (only in the pre-2011 era). ...not dishonesty. That title goes to lawyers Cheers! Shc

What I wrote was "create wealth (in the broadest sense)" Nice try at misquoting, though. Its a pretty naive viewpoint. Accountants and Auditors are there to keep business and people (engineers, scientists alike) honest and ensure they have integrity. Probably little known fact, but the Higgs boson project was financially viable because of CPAs. I don't know about you, but integrity & honesty is part of wealth creation. Shc

http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield Negative Interest Rates for 5, 7 and 10 years U.S bond meaning investors are giving the U.S money to borrow THEIR money (but the U.S is "refusing" to do so). This is why when the media talks about "budget calamity/long-term debt", it feels very 1984 to me (and many economists feel the same way). You have investors (and yes, that includes the Chinese) who are literally willing to give money to borrow their money and we're saying "No, we don't want free money". This is why "credit card" / "homeline" anologies are not just wrong; but dangerous. It hijacks the public conversation and perception into believing the wrong things. Cheers!

Relying a bit too much on stereotypes. Accountants keep the economy (i.e: corporations) honest. Shc

Its an OK analogy. My one big problem with that analogy is that you're still paying interest TO the bank. In our situation today, investors are willing to PAY America to borrow THEIR money. (i.e: The U.S would be making profit by taking their money). If there is ever a bank willing to pay me to take their mortgage/homeline, then call me up We can go on forever with anologies, but its probably more accurate to say that its like paying for University courses. *Spending during a zero-bound economy with 8% unemployment = Useful Accounting Courses with CPA/CA designation *Iraq War spending = Spending on Arts Program Cheers! Shc

My guess is the 49% is not made up by Democrats only, I would think that number has gotten that High because a lot of Republicans are not happy as well. Or maybe I'm completely wrong, and America has truly embraced Obama's policies and his vision for its future. Maybe we can spend and tax our way back to prosperity. When discussing about spending/tax, I think we tend to generalize/not look at the details sufficiently. We tend to compare it to credit cards wayyyy too much (and erroneously too). When a gov spends, it spends on itself while credit card is when you pay your money to somebody else. By having an unemployed doing nothing is a tax in itself. This number doesn't show on any official numbers, but the worker's LOST-POTENTIAL affects the economy in a real way. See UK economy for real-life experiment. We, Americans, are deceived by the notion of spending is like a "personal credit cards". Cheers! Shc

The GOP's 49% negative rating is the highest we have ever recorded. Tea Party movement also saw all-time high in neg rating https://twitter.com/chucktodd/status/292052726597165057 Primary Source: http://msnbcmedia.msn.com/i/MSNBC/Sections/A_Politics/_Today_Stories_Teases/13018_JANUARY_NBC-WSJ.pdf Interesting new poll showing GOP strat on taking the debt ceiling as hostage isin't working. Shc