conservation of Euros

[John Larkin]

On Wed, 12 May 2010 10:13:56 -0700 (PDT), Bill Sloman
<bill.sloman@ieee.org> wrote:

I don't harvest; I think.

An unconvincing claim. Your "thinking" reflects your indolent habit of
picking up predigested nonsense that fits your fat-headed
preconceptions.

I've been calling you a fathead for years. You can't even design
original insults.

In this thread you've claimed that the euro can't be stable currency
because it shared across several countries with different economic
strengths and weaknessess, while failing to note that the US dollar is
shared across the united states of America - running from Alaska to
Wyoming (neither of whose economies look much like California's).

But we only have one government. And only one language. The language
part is important; with your knowledge of the world, you surely know
why.

John

 

On May 11, 1:44 pm, John Larkin
<jjlar...@highNOTlandTHIStechnologyPART.com> wrote:

On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman



bill.slo...@ieee.org> wrote:
On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.

The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.

No big deal. We'll never pay it back.

Maybe. A 10% VAT would raise $1.5T a year, enough to pay for Obama's
permanent spending bender on...whatever it was we got for all that
dough he spent--I can't remember.

Of course a VAT's an optimally bad tax--maximally intrusive, maximum
overhead. And it would damp the whole country.

My pals met some professors from Italy, working here in the States.
They adore it here. They say Italy's lovely, but they could never
afford the standard of living they enjoy here. Never. In Italy you
just can't take all those vacations, buy the same car, TV, or send
your kids to school. Can't do it--you've got to choose.

If we went to a straight flat sales tax, or the FairTax, at equal
levels of federal "take", I bet productivity and GDP would grow 10%
from that alone. For free.

Apparently the europeans had an emergency weekend fest and listened to
that Nobel-prize-winning economist Barack Obama, and decided to spend
a trillion dollars (or euros? they're getting to be about the same
thing) to allow Greeks to keep being Greeks.

http://www.nytimes.com/2010/05/11/business/global/11reconstruct.html

It's hilarious, a bunch of countries making loan guarantees to make up
for the fact that they've run out of money.

Loan guarantees to one another! That /is/ funny.

This is too (back up to the 5/9/2010 cartoon)
http://www.cagle.com/politicalcartoons/pccartoons/archives/ramirez.asp?Action=GetImage

--
Cheers,
James Arthur

 

[Bill Sloman]

On May 12, 4:02 pm, John Larkin
<jjlar...@highNOTlandTHIStechnologyPART.com> wrote:

On Wed, 12 May 2010 02:39:32 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
On May 12, 6:38 am, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 19:57:23 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
On May 12, 2:25 am, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 18:45:20 -0500, Bit Farmer <bit.far...@yahoo.com
wrote:

John Larkin wrote:
On Tue, 11 May 2010 14:01:49 -0700 (PDT), Bill Sloman
bill.slo...@ieee.org> wrote:

On May 11, 8:44 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY
You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.
This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.
Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.
The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.
No big deal. We'll never pay it back.
Obviously. You had sold off everything that was worth selling back in
the 1990's.

Nope. I kept it all. Got more, actually. Look: my icicles!

http://en.wikipedia.org/wiki/Icicle

A lot of Japanese bought US golf courses for numbers like $1e9 and
sold them back a few years later for $1e8. Thanks.

Apparently the europeans had an emergency weekend fest and listened to
that Nobel-prize-winning economist Barack Obama, and decided to spend
a trillion dollars (or euros? they're getting to be about the same
thing) to allow Greeks to keep being Greeks.

http://www.nytimes.com/2010/05/11/business/global/11reconstruct..html

It's hilarious, a bunch of countries making loan guarantees to make up
for the fact that they've run out of money.
Greece has run out of money - due to US levels of tax evasion, in an
economy which wasn't all that productive to start with.

Well, we can agree on that. Except the Greeks are much better at tax
evasion. As in much, much better.

Spain and Portugal are a bit short at the moment - due to the recent
economic downturn, tourism has been down - but the rest of the
Eurozone is doing fine. Germany may have to ramp its exports up a bit
higher to get the balance of trade for the Euro zone as a whole back
in the black, but the euro is backed by a rather stronger economy than
the US dollar, if the trade balance is anything to go by.

Kind of the Germans to sacrifice themselves; they are noted for
kindness. I'm sure they will gladly work even harder in the future so
that their southern neighbors can continue their picturesque,
traditional lifestyles.

How's California doing at the moment?

Mixed bag. The government is broke, but that's the ordinary fate of
all leftist governments. Some regions are hit pretty hard. San
Francisco and Silicon Valley are doing pretty good. The semiconductor
industry, things like Google, biotech, all booming. Property values
are up. Agriculture is very big in California, and people always have
to eat.

Lots of lamenting about the problem John.  What are you offering in terms of solution?  Anybody can bitch.

b. Farmer

Am I bitching? I wasn't aware. The dynamics of modern society is just
interesting to me. Personally, I'm perfectly willing to play by the
existing rules. I do feel for people who don't have high-tech jobs
like a lot of us do, people in manufacturing and construction and
services, workers like that who aren't doing well in the global
economy.

Solutions?

More people need to be productive, for more years of their lives.

Government has to stop hating and bleeding the entities that create
genuinely productive jobs, and has to stop creating useless jobs.

Government has to quit lying and quit borrowing and quit spending.

Unions have to be restrained.

The financial system, and the stock market, are mostly casinos where
the house wins, and the systems are getting more and more unstable. We
need policies and laws that encourage longterm productive investment
and discourage short-term speculation.

Allan Greenspan's autobiography blamed the decline of the US trade
balance on on the export of less skilled jobs from the US to low-
income countries - China in particular.

The Germans invested in getting their workers better trained and
better equipped, so there weren't many unskilled jobs left to export.

Traditional values, like having families, working, saving, being
responsible and honest and tolerant, might be considered, too.

If the manufacturer that provides the job choses to fire his workers
and send the work overseas, the people he has dumped won't see much
advantage in cultivating traditional values.

More sales tax, less income tax, no business taxes.

The French approach. Half the French state revenuse comes from value-
added-tax (which is effectively a sales tax, albeit a rather
sophisticated form of sales tax).

http://en.wikipedia.org/wiki/Value_added_tax

None of that will happen of course. So we'll muddle along, between
crises.

Actually, you will progressively decline because your society - as a
whole - doesn't invest enough in the people who are hired to do the
work,

These curves seem to be going up:

http://en.wikipedia.org/wiki/File:Educational_attainment.jpg

which isn't bad, considering the immigration situation.

 as a consequence of giving too much of the political power to
the people pay them to do the work. The people who dole out the
salaries find it easier to divert cash into influencing elections - as
by paying for television ads.

Like unions?

Unions are the recommended counter-weight to the economic advantage
that individual capitalists have over the workers they employ. Because
they do represent their members, they can't act as quickly or
decisively as individual capitalists, but where they have been allowed
to flourish they do a decent job.

US employers have always been terrified of effective unions, and those
few unions that managed to survive the consequent legislative assaults
were subverted by employers who corrupted the union officials, then
complained that the unions were corrupt.

Union members should be terrified of effective unions. They destroy
their jobs.

Rubbish. That's standard employer-funded anti-union propaganda.
Effective unions expect to see changes in the nature of the work their
members do, and negotiate the retraining and re-deployment of the
workers involved. This isn't an aspect of trade union activity that
gets much publicity in the US media.

In Germany the unions are represented on company's supervisory boards.

http://en.wikipedia.org/wiki/Co-determination

Europe will decline at a steeper slope than the US because europeans
aren't breeding. Better learn Arabic... you'll need it.

I might - if the present trend continued for several hundred years,
and I lived that long. In fact the high fertility of the immigrant
populations is going to decline in subsequent generations as they
assimilate - fertility declines rapidly as families (notably better-
educated mothers) recognise that almost all their kids are going to
out-live their parents, and that the parents aren't dependent on their
kids for care in old age.

The low fertility of the non-immigrant population of Europe is
probably also transient. Modern European society is evolving very
rapidly, and we've no real idea of what it is going to look like in
another generation, and how the next generation of working women will
manage their child-rearing.

I suppose we are natural enemies. I work and you don't. Sort of like
the Germans and the Greeks.

You work from nine to five on electronics.

Last night it was until 11:30 PM. I decided to write the PADS netlist
comparison program, and finally got it working pretty well by then.
The PADS schematic and PCB programs have bizarre and entirely
different netlist formats, which require a lot of ugly parsing and
sorting and redundancy stripping. But it works, and all 4006 netsin
pairs are identical between our schematic and our PCB.

 I don't have that pleasure
any more, so I do have more time to work on my knowledge of the world
- an area that you neglect,

Now that's hilarious, "knowledge of the world"... truly funny.

And you've got an example of my comical ignorance? No, but you really
wnat to believe that you could find one if you could find the time to
look.

I'm just glad that I'm not funding your fatheaded indolence. Much.

in favour of devoting your spare time to
propagating ill-informed speculation, much of which you uncritically
harvest from the right-wing political propaganda disseminated by your
mass media.

I don't harvest; I think.

An unconvincing claim. Your "thinking" reflects your indolent habit of
picking up predigested nonsense that fits your fat-headed
preconceptions.

In this thread you've claimed that the euro can't be stable currency
because it shared across several countries with different economic
strengths and weaknessess, while failing to note that the US dollar is
shared across the united states of America - running from Alaska to
Wyoming (neither of whose economies look much like California's).

This is the finest kind fat-headed intellectual indolence; you are too
self-satisifed to notice that you are a particularly ripe example of
the intellectual incompetence that you'd like to think that I
represent.

We aren't "natural enemies". You publish nonsense, and I point out
that it is nonsense. If I was your enemy, I'd let you continue to
delude yourself, in the reliable expectation that what you thought
that you knew that wasn't so was eventually going to destroy your
business.

The Germans have - with the suport of the rest of Europe and the IMF -
performed a similar service for the Greeks, who should - in
consequence - end up with a rather more honest, effective and
sustainable administration than they have had up to now.

Not that the recent administration - bad though it was - wasn't better
than military junta that ran the country from 1967 to 1974

http://en.wikipedia.org/wiki/Greek_military_junta_of_1967%E2%80%931974

The US does have a preference for right wing military regimes (like
Pinochet's in Chile from 1973 to 1990), but doesn't actually seem to
inspired the 1967 coup.

Right, the Germans have a much more admirable history as regards
preferring peaceful democracy.

If Henry Ford hadn't subsidised Hilter's nasty little political
movement back in the 1920's, Germany might have a rather longer
history of peaceful democracy, but Ford shared, admired and supported
Hilter's anti-semitism.

The current German constitution was written with that history in mind,
and presumably offers rather better protection to the German
electorate than - say - your somewhat antiquated constitution offers
the US voter.

--
Bill Sloman, Nijmegen

 

[Michael A. Terrell]

John Larkin wrote:

On Tue, 11 May 2010 14:36:14 -0700 (PDT), x x
noname.namenot@gmail.com> wrote:

Larkin, why don't you mind your own fucking business?

xx, why don't you get a name?

Nazi's don't have names. It's posting though blutmagie.de


--
Anyone wanting to run for any political office in the US should have to
have a DD214, and a honorable discharge.

 

[enot.nona]

Nazi's don't have names.

How many millions has the ameriKKKan gov't murdererd sonny? I suggest
you stop pretending that you have the moral high ground cause you
certainly fucking don't.

Now, this newsgroup is surely full of nazis. The most prominent nazis
here are the right wing idiots like larkin and the 'progressive'
retards like sloman.

I say larkin should mind his own fucking business and address the
crimes of his own fucking government - for starters.

 

[krw@att.bizzzzzzzzzzzz]

On Wed, 12 May 2010 09:34:59 -0700 (PDT), dagmargoodboat@yahoo.com wrote:

On May 11, 1:44 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman



bill.slo...@ieee.org> wrote:
On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.

The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.

No big deal. We'll never pay it back.

Maybe. A 10% VAT would raise $1.5T a year, enough to pay for Obama's
permanent spending bender on...whatever it was we got for all that
dough he spent--I can't remember.

*Maybe*. The deficit for just April was $83B. Note that April is also the
month when the government intake is *highest*, do to the April 15 tax filing
date. In 43 of the last 56 years April has been a net surplus month.

<snip>

 

[krw@att.bizzzzzzzzzzzz]

On Wed, 12 May 2010 15:24:17 -0700 (PDT), mpm <mpmillard@aol.com> wrote:

On May 11, 8:47 am, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

John

How bad do you think it would be, really, if we just let the existing
totally collapse and start over?
Worldwide, I mean.

Is it going to get any better since we're rewarding fiscal irresponsibility?
Eventually it has to bust, somewhere.

 

[mpm]

On May 11, 8:47 am, John Larkin
<jjlar...@highNOTlandTHIStechnologyPART.com> wrote:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

John

How bad do you think it would be, really, if we just let the existing
totally collapse and start over?
Worldwide, I mean.

 

On May 12, 5:48 pm, "k...@att.bizzzzzzzzzzzz"
<k...@att.bizzzzzzzzzzzz> wrote:

On Wed, 12 May 2010 09:34:59 -0700 (PDT), dagmargoodb...@yahoo.com wrote:
On May 11, 1:44 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.

The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.

No big deal. We'll never pay it back.

Maybe.  A 10% VAT would raise $1.5T a year, enough to pay for Obama's
permanent spending bender on...whatever it was we got for all that
dough he spent--I can't remember.

*Maybe*.  The deficit for just April was $83B.  Note that April is also the
month when the government intake is *highest*, do to the April 15 tax filing
date.  In 43 of the last 56 years April has been a net surplus month.  

snip

A 10% VAT gives Obama $125B more/month to fritter away on nothing.
(Enough for break-even, not enough to pay off any debt.)

Of course that assumes people continue to buy stuff at the same rate,
which they won't. They won't work at the same rate either. Better
make it 18%, like Europe. And, naturally, that won't be enough
either. He'll spend more.

That said, Obama won't push a VAT--it doesn't redistribute wealth.
Deficit spending does.

James Arthur

 

[John Larkin]

On Wed, 12 May 2010 13:19:06 -0700 (PDT), "enot.nona"
<namenot.noname@gmail.com> wrote:

Nazi's don't have names.

How many millions has the ameriKKKan gov't murdererd sonny? I suggest
you stop pretending that you have the moral high ground cause you
certainly fucking don't.

Now, this newsgroup is surely full of nazis. The most prominent nazis
here are the right wing idiots like larkin and the 'progressive'
retards like sloman.

I say larkin should mind his own fucking business and address the
crimes of his own fucking government - for starters.

Crimes like freeing scores of millions in Europe and Asia from the
Axis? Crimes like rebuilding Germany and Japan after they killed tens
of millions? Crimes like defending europe from the Soviets? Crimes
like keeping the South Koreans from being North Koreans? Crimes like
being the chief funder of the UN and its charities? Crimes like
spending billions to fight disease in Africa?

Crimes like inventing modern electronics and modern biotech?

Do you know anything about electronics?

John

 

[tm]

"John Larkin" <jjlarkin@highNOTlandTHIStechnologyPART.com> wrote in message
news:f6qmu5pfrb7mq22f4ub1eutp7jrh31c6uc@4ax.com...

On Wed, 12 May 2010 13:19:06 -0700 (PDT), "enot.nona"
namenot.noname@gmail.com> wrote:

Nazi's don't have names.

How many millions has the ameriKKKan gov't murdererd sonny? I suggest
you stop pretending that you have the moral high ground cause you
certainly fucking don't.

Now, this newsgroup is surely full of nazis. The most prominent nazis
here are the right wing idiots like larkin and the 'progressive'
retards like sloman.

I say larkin should mind his own fucking business and address the
crimes of his own fucking government - for starters.

Crimes like freeing scores of millions in Europe and Asia from the
Axis? Crimes like rebuilding Germany and Japan after they killed tens
of millions? Crimes like defending europe from the Soviets? Crimes
like keeping the South Koreans from being North Koreans? Crimes like
being the chief funder of the UN and its charities? Crimes like
spending billions to fight disease in Africa?

Crimes like inventing modern electronics and modern biotech?

Do you know anything about electronics?

John

John, the better question is "Do you know anything?".

 

[JosephKK]

On Tue, 11 May 2010 11:44:00 -0700, John Larkin
<jjlarkin@highNOTlandTHIStechnologyPART.com> wrote:

On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman
bill.sloman@ieee.org> wrote:

On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.

The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.

No big deal. We'll never pay it back.

Apparently the europeans had an emergency weekend fest and listened to
that Nobel-prize-winning economist Barack Obama, and decided to spend
a trillion dollars (or euros? they're getting to be about the same
thing) to allow Greeks to keep being Greeks.

http://www.nytimes.com/2010/05/11/business/global/11reconstruct.html

It's hilarious, a bunch of countries making loan guarantees to make up
for the fact that they've run out of money.

John

Yep, it looks like Bear-Sterns and AIG volume 2.

 

[JosephKK]

On Tue, 11 May 2010 14:36:14 -0700 (PDT), x x <noname.namenot@gmail.com>
wrote:

Larkin, why don't you mind your own fucking business?

No big deal. We'll never pay it back.

Well, the europeans will try the same scam you stupid amerikkkan
nationalist.

What in tarnation makes you think it isn't our business. Our meltdown
fried your markets as well. If you have another meltdown it may fry our
weakened markets as well.

 

[JosephKK]

On Wed, 12 May 2010 13:19:06 -0700 (PDT), "enot.nona"
<namenot.noname@gmail.com> wrote:

Nazi's don't have names.

How many millions has the ameriKKKan gov't murdererd sonny? I suggest
you stop pretending that you have the moral high ground cause you
certainly fucking don't.

Now, this newsgroup is surely full of nazis. The most prominent nazis
here are the right wing idiots like larkin and the 'progressive'
retards like sloman.

I say larkin should mind his own fucking business and address the
crimes of his own fucking government - for starters.

Well gosh, you no name coward, why don't you start addressing the crimes
of your government?

 

[Martin Brown]

On 13/05/2010 04:49, JosephKK wrote:

On Tue, 11 May 2010 14:36:14 -0700 (PDT), x x<noname.namenot@gmail.com
wrote:

Larkin, why don't you mind your own fucking business?

No big deal. We'll never pay it back.

The doomsday repayment scenario is a major earthquake in Tokyo resulting
in the Japanese calling in their huge loans to the US quickly to do a
rebuild. I think you will find it hard to resist paying up.

Well, the europeans will try the same scam you stupid amerikkkan
nationalist.

What in tarnation makes you think it isn't our business. Our meltdown
fried your markets as well. If you have another meltdown it may fry our
weakened markets as well.

European countries are much more varied and with the exception of the UK
where maximal greed US style double or quits casino banking really took
off is mostly on a sound footing. The PIGS may be weak but they account
for only a small proportion of total EEC output. Greece shuold never
have been allowed into the Euro zone in the first place.

The Euro banknotes are an interesting feature though. The 500 Euro note
has been withdrawn in the UK because 90% of them are in the hands of
criminals for money laundering. It isn't all that much different in
mainland Europe. The main reason it exists is to facilitate thinner
bungs to politicians in places like Belgium and Greece. And prevent rich
Germans breaking their rear axle moving cash to Luxemberg or Swiss
secret bank accounts. You can move Ł1M in the space and weight of a 2kg
bag of flour using these very high denomination notes.

http://news.uk.msn.com/uk/articles.aspx?cp-documentid=153369819

Regards,
Martin Brown

 

[enot.nona]

Crimes like rebuilding Germany and Japan after they killed tens of millions?

Rebuilding after destroying those countries for fun? How fucked up is
that? Some facts for you, sonny :

The US didn't lift a finger to save the 'poor jews' - as a matter of
fact they explicitly denied asylum to them.

The US were responsible for the terror bombing of germany, japan and a
couple of places more like, say, vietnam, korea, the balcans, Iraq
(yeah those WMD...) etc, etc, etc.

Crimes like defending europe from the Soviets?

Stalin was a KEY ALLY of the american gov't and thanks to american
help stalin conquered half of europe. Are you so fucking retarded and
ignorant?

Crimes like inventing modern electronics

I didn't know that ohm, faraday, ampere, volta, maxwell, marconi,
kirchoff, tesla, etc etc were americans. I guess I learnt something
today.

Well gosh, you no name coward, why don't you start addressing the crimes of your government?

And what government is that?

 

[Bill Sloman]

On May 12, 7:57 pm, John Larkin
<jjlar...@highNOTlandTHIStechnologyPART.com> wrote:

On Wed, 12 May 2010 10:13:56 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
I don't harvest; I think.

An unconvincing claim. Your "thinking" reflects your indolent habit of
picking up predigested  nonsense that fits your fat-headed
preconceptions.

I've been calling you a fathead for years. You can't even design
original insults.

In this thread you've claimed that the euro can't be stable currency
because it shared across several countries with different economic
strengths and weaknessess, while failing to note that the US dollar is
shared across the united states of America - running from Alaska to
Wyoming (neither of whose economies look much like California's).

But we only have one government.

Your states don't have legislatures and governors?

And only one language.

No Spanish-speakers? The EC spends a lot of money on translating its
public output into all the official languages of the EC. All the
senior politicians speak English, most of them speak French (which is
a tribute to French linguisitc chauvinism) and German. Language
differences don't present communications problems - though they can be
a source of intra-community conflicts, as in Belgium at the moment.

The economists and the bankers - who are the only people truly
relevant to a discussion of the stability of the euro - all speak
English, because they have to talk to their American equivalents.

The language part is important; with your knowledge of the world, you surely know
why.

Actually, I know that it isn't important - if you have a tertiary
qualification from a European educational institution, you are going
to be fluent in English. What I don't know is why you think otherwise
- I could ask you to explain, but I don't fancy being directed to the
irrational output from some right-wing propaganda mill.

--
Bill Sloman, Nijmegen

 

[Bill Sloman]

On May 13, 1:51 am, dagmargoodb...@yahoo.com wrote:

On May 12, 5:48 pm, "k...@att.bizzzzzzzzzzzz"



k...@att.bizzzzzzzzzzzz> wrote:
On Wed, 12 May 2010 09:34:59 -0700 (PDT), dagmargoodb...@yahoo.com wrote:
On May 11, 1:44 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
On Tue, 11 May 2010 11:01:09 -0700 (PDT), Bill Sloman

bill.slo...@ieee.org> wrote:
On May 11, 3:47 pm, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

Since the US has been running a huge balance of payments deficit since
Regan was president, it does seem that you can fool Mother Nature for
quite a while.

The Euro zone is running a balance of payments deficit, but it is an
order of magnitude smaller than the US so you might be wise to
concentrate on the beam in your own eye.

No big deal. We'll never pay it back.

Maybe.  A 10% VAT would raise $1.5T a year, enough to pay for Obama's
permanent spending bender on...whatever it was we got for all that
dough he spent--I can't remember.

*Maybe*.  The deficit for just April was $83B.  Note that April is also the
month when the government intake is *highest*, do to the April 15 tax filing
date.  In 43 of the last 56 years April has been a net surplus month.  

snip

A 10% VAT gives Obama $125B more/month to fritter away on nothing.
(Enough for break-even, not enough to pay off any debt.)

Of course that assumes  people continue to buy stuff at the same rate,
which they won't.  They won't work at the same rate either.  Better
make it 18%, like Europe.  And, naturally, that won't be enough
either.  He'll spend more.

That said, Obama won't push a VAT--it doesn't redistribute wealth.
Deficit spending does.

Actually, VAT does redistribute wealth - away from the poor towards
the rich. The poor spend most of their income on buying stuff, which
attracts VAT.

The rich divert a larger part of their income into investment, which
doesn't attract VAT. Technically speaking, this makes VAT is a
regressive tax.

--
Bill Sloman, Nijmegen

 

[Bill Sloman]

On May 13, 12:24 am, mpm <mpmill...@aol.com> wrote:

On May 11, 8:47 am, John Larkin

jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

John

How bad do you think it would be, really, if we just let the existing
totally collapse and start over?
Worldwide, I mean.

Check out the Great Depression from the early 1930's. It wasn't much
fun.

--
Bill Sloman, Nijmegen

 

[Bill Sloman]

On May 13, 12:50 am, "k...@att.bizzzzzzzzzzzz"
<k...@att.bizzzzzzzzzzzz> wrote:

On Wed, 12 May 2010 15:24:17 -0700 (PDT), mpm <mpmill...@aol.com> wrote:
On May 11, 8:47 am, John Larkin
jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.hdgFGtPjbY

You can't fool Mother Nature. When a few hundred million people choose
to not work much, not breed much, and consume a lot, you just can't
spend your way out of the problem.

This is the leading edge of the European demographic crisis that's
been building for generations now. There's no quick fix.

John

How bad do you think it would be, really, if we just let the existing
totally collapse and start over?
Worldwide, I mean.

Is it going to get any better since we're rewarding fiscal irresponsibility?
Eventually it has to bust, somewhere.

Most recessions shake out a bunch of fraudsters, but never enough.

--
Bill Sloman, Nijmegen