ShcShc11

Do you STILL truly not get how bad a message that kind of commentary in here conveys? Seriously? when people are already cancelling tandems because of the video, then it was unnecessarily further damaging the sport. ... not to mention Lodi's owner saying "the TI did a good job" in a news interview.

honestly who the hell posted it on youtube .. predictably gone viral. Cheers Shc

http://business.time.com/2012/05/18/was-nick-hanauers-ted-talk-on-income-inequality-too-rich-for-rich-people/ Controversies with TED being reluctant to post the videos.

Thank goodness the youtube video is taken down. Would scare potential students imo.

Quite honestly the scariest thing I ever saw

http://www.calgaryherald.com/news/education/student+strikes+Montreal+protest+goes+international/6660739/story.html Except Occupy Wall Street are organizing demonstrations that are heavily influenced by Montreal demonstration tactics. So what? Martin Luther King's demonstrations were heavily influenced by Gandhi's demonstration tactics. When Bashar Al-Assad heard about a fruit man from Tunisia lit himself on fire, his first reply was: "ok and?" :) Cheers! Shc

http://www.calgaryherald.com/news/education/student+strikes+Montreal+protest+goes+international/6660739/story.html Except Occupy Wall Street are organizing demonstrations that are heavily influenced by Montreal demonstration tactics.

BBC reporting http://www.bbc.co.uk/news/world-us-canada-18170492

http://images2.dailykos.com/i/user/53727/Screen_shot_Heartland.jpg

http://www.youtube.com/watch?feature=player_embedded&v=bBx2Y5HhplI Pretty much summarizes the economic situation happening in both U.S and Europe. A lack of demand while the economy is on zero-bound (see 1990 Japanese) crisis is what holding back the U.S. The stimulus enacted was a fraction of what was needed to repair the 2.5 trillion $ hole created in 2008. Anyway, enjoy the video :) Cheers! Shc

http://ca.reuters.com/article/domesticNews/idCABRE84H12620120522/ The government in the predominantly French-speaking Canadian province, fed up with sometimes violent demonstrations, last week unveiled a tough proposal that would make protests more difficult to organize and impose stiff fines on those who disobey. Picture: http://a3.sphotos.ak.fbcdn.net/hphotos-ak-ash4/389624_10151745849970068_869895067_24193903_551218668_n.jpg Cheers! Shc

the capping of the well could have been speeded up with the recourses and knowlege of the navy. they could have helped in the containment and cleanup and sent the bill to BP. LOLL. I love how people keep thinking in such simplistic manner. "if they consulted the navy, it would have been fixed much faster". right. Cheers! Shc

Picture: http://www.spiegel.de/international/business/bild-832284-350312.html Article: http://www.spiegel.de/international/business/promising-carbon-capture-facility-launched-in-norway-despite-doubts-a-832284.html Interesting. "The world's largest facility for filtering carbon dioxide out of industrial emissions was inaugurated in Norway this week. While some see it as a godsend in efforts to reach environmental targets, others find the technology too dangerous and expensive.'' Cheers! Shc

Four words: Al, Gore, John, Kerry You really think the Dems have the whole charisma thing worked out? Good point. Although I think Kerry was pretty charismatic. I think the Swift Boat thing torpedoed him. Gore wasn't very charismatic. He just had the advantage of having been VP. Alright. I'll give you that. Perhaps neither party has quite figured it out. I still think Barry takes this one because the GOP has managed to undermine themselves again. Gore wasn't charismatic? Are you kidding? The man lost, but he was and still is a pretty charistmatic type. Went to see his presentation a few years back. Charismatic in front of the public and in the private conference room too while discussing about the carbon-trade market. Cheers!

About 9-11 jumps imo. It also depends on what your phobias are. After you do a few jumps, you should ask yourself: ''so what is it about skydiving that scares the shit out of me?''. Once you pass AFF, you'l prob be well & stable on your belly and you will be pretty relaxed. My personal phobia was falling out of the harnesses. I know it is nearly impossible, but the rig seemed so simple (too simple). Once my mind got past that, you relax a lot more. Tunnels are really an excellent tool to improve freefall posture. Cheers!

Unemployment is at around 8.1% and people are wondering why. Its pretty simple: without an adequate help from the Federal to a State/local transfer, the state/local have no choice but to cut. A good majority believes there were vast Government expansion through stimulus, but the numbers say otherwise. This is Obama's economy and his battle. This is nothing new. See what is happening with the U.K who offered austerity as their holy solution. http://notthetreasuryview.blogspot.co.uk/2012/05/four-charts-and-why-history-will-judge.html Shc

An inadequately labelled graph that shows government employment going down (even though most of these jobs are not federal) as evidence that the government is not expanding its role is propaganda level arguing at best. Extremely disappointing to see. Hardly. I understand the information I mentioned are counter-intuitive to what is usually reported in the media- but they are truthful numbers and they are hardly propaganda. The economy does not care if the employments are state, local or Federal. If this is a zero-bound recession (similar to the 1930 GD or 1990s Japanese crisis), then demand is clearly what is needed. If the Federal insufficiently transfers money to the States (and it was most definitely insufficient), then it is the equivalent of the Federal forcing cuts to the bottom. When someone like Milton Friedmann is considered "far leftist" in our current economic discourse, then there is definitely something wrong (he is the father of the supply-side economics). Economics came to the point where we rely more on our prejudice than real solid datas. Cheers!

The government comparison in 3 different eras of good times/recoveries (including Morning in America): Real Government Consumption + Investment Spending (purchase of goods and services) REAGAN vs BUSH vs OBAMA http://postimage.org/image/g6dy1wxdx/ Expenditure REAGAN vs OBAMA http://postimage.org/image/5je97omxn/ Reagan and Obama's recessions are completely different (stagflation vs zero-bound), but its still worth to note that Reagan is more Keynesian in comparison to how the current administration reacted so far. When Reagan and Milton Friedman are considered "more Keynesian", its a little scary Anyway, food for thoughts. Happy weekends all. :)

I like numbers and charts. CHARTS: http://postimage.org/image/ez3jrzrav/ http://s15.postimage.org/67cjcs7ez/1_Public_Employment_Obama.jpg Reason why I'm posting this is because there is this misconcept that Government is expanding its role in the economy or spend a massive stimulus when it in fact clearly did not. What is clear: -The Obama administration dramatically reduced Government employment in comparison to the Bush era and Clinton era. Huge cuts in public employment in fact. -If you tallied the Federal/State/Local Government Expenditure, there was barely any stimulus program or any real Government expansion. If you are unhappy with how the economy is going, it is because we entered under this false notion of "cut Government" instead of using the money to plug a gaping 2.5 Trillion $ hole from the 2008 Great Recession. Cheers!

http://vod.journeyman.tv/store?p=4807 Trailer: http://vimeo.com/37873697 I think its worth the 1.50$ 7-days rental. Pretty good documentary- had a tear too! What did everybody else think about it? Cheers! Shc

A) I think I know my history quite well thank you :) B) This USE isin't about political feasibility, but an option from an economic point of view. Its by no means simple and I never claimed anything of the likes. Its one of the possible solution to permanently solve the Euro as a viable currency. All EU countries under the Euro would essentially need to create a Euro-bond or create a ECB (European Central Bank) with unlimited fund to transfer. Both solutions which would inevitably need political union. What I'm writing on dropzone is essentially a summary. It breaks down in 3 options: -Break the Euro (in the same way U.S/Europe broke away from the gold standard). -Political union (inter-transfer money just like how the U.S transfers Federal money to troubled states) -Complex schemes to mimic the options above. An example would be NSDAP (Nazi)'s economic policies in the 1930s. The NSDAP did not want to devalue their currency for political reasons, but they desperately needed it to because their export companies could not otherwise compete. They formed a complex scheme where all imports company had to subsidize the export company. It was bureaucratic and inefficient, but it did the job while they were in power. [See Adam Tooze's Wage of Destruction] right now, Europe is taking a kick-the-can down the road solution. So again, this isin't about political feasibility, its not about whether Europe (countries of a dozen language) can make it work. We're talking about a solution that can make the currency work from a purely economic point of view. This is why the Euro is a complex situation. A real permanent solution requires an extreme action. Cheers!

Jyst like austerity plunged the world into recession in 2008. lol... The 2008 Great Recession was rather special. No real economists predicted the 2008 crisis to be as bad as it became. Imagine if you were making 150k/year and having a relatively comfortable life. Then, you incur a rare cancer that will cost you 100k/year for an experimental drug (not covered by insurance). Sure you can blame it on your bad diet and late-night sleep deprivations, but its not really something you could have predicted. Its the same thing with the banks in 2008. You can blame it on greed, but the economists never really had any conceptual models that this was possible. Hindsight is 20/20, etc... Cheers! :) Shc

Absolutely. Both spending cuts and raising taxes are harmful in a zero-bound economy. The money essentially need to circulate and with the European Central Bank keen on: A) Limiting spending B) Raising taxes C) Keeping inflation at 2% these policies effectively stop money from circulating thus hurting the overall economy and bringing a healthy bank (e.g: France's Societe Generale) to its knees. Untrue. Please show me how Spain "leveraged" its future in favor of the past. Spain has been financially and structurally sound since 1992. In fact, they were more responsible than Germany themselves (much more responsible). See picture below. This whole "PIIGS" got lazy and spent too much is bullshit (minus Greece who in fact did spend too much). The U.S isin't heading like the EU because: A) It controls its own currencies B) The Government and the Feds are taking some actions in making money circulate. (e.g: Stimulus and money printing). The 2009 stimulus were inadequate to plug what was essentially a 2.5 Trillion $ hole left by the 2008 Great Recession. The U.S should get into balancing its budget once its economy is at full-employment. Austerity isin't recent at all. 1930 Great Depression involved austerity to balance the budget- Germany infamously went into deflation and you know who got into power. 1970 saw the success of austerity economics because the economy was in a stagflation (not zero-bound recession) A recent example of austerity failure involves Japan in the 1990s. http://www.princeton.edu/~pkrugman/bernanke_paralysis.pdf This is Ben Bernanke's famous article which even economists such as Milton Friedman agreed to (the father of supply-side economics). Summary of the paper: Japanese economy went into a deep recession after its banks semi-collapsed in a bubble. Japan went into austerity and eventually realized that its policies were self-defeating. Read: http://en.wikipedia.org/wiki/Japanese_asset_price_bubble A much longer-read if you are interested in looking at it in-depth (written by the IMF): http://www.imf.org/external/pubs/ft/wp/2000/wp0007.pdf The Japanese story is fairly similar to the 2008 U.S Great Recession. The EU is in worse shape because they can't even control their currency. Cheers!

And since the Euro is in acute trouble, this should be done on a very short term. I'm curious: do you really believe this is a possibility? Because any European can tell you it's not an option at all. No, I do not think EU will go into a political union. Germany is adamant to stay away from it. Sakorzy from France is against it too. However, that is one of the real solution that would keep the euro money possible and functional from an economic viewpoint. The Euro in today's state cannot exist without country-to-country inter-transfers (in the same way U.S Federal Government does inter-transfers to States in economic trouble). Cheers! :) Shc