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The Two Europes Diverge - Room for Debate
There are only two paths for the European economy in the short run – two-speed or no-speed.Opinion. If the currency union fails, it fails everywhere. Just wave the Euro goodbye. -
SaraTheGypsy
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Free Speech and the Internet
“Free Speech and the Internet - http://nyti.ms/iBAxab”We should treat the content found on the net as the eye witness testimony it is at best. Things based on things found are hearsay.They are not evidence with standing. Encryption makes nonsense of any attempt to sensor content. The Virtual Private Network will destroy copyright(http://en.wikipedia.org/wiki/Virtual_private_network ).
If it exists and there is a right of use there is no effective way to control content.
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T Exclusive Video | Laura Marling
She has talent.
The space is very hard
The lighting is a joke.
The miking and mixing are nonexistent.
She is swallowing the words.
The choice of the guitar is questionable. Mandolin? Dulcimer?
Send her to the woodshed with a recording machine.She needs to hear her presentation (performance). -
melodywainscott
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Free Speech and the Internet
“Free Speech and the Internet - http://nyti.ms/iBAxab”Interesting editorial. We apparently use the net under broadcastrules. Everyone can use the net with no expectation of privacy.There was no mention of encryption. If encrypted, how are the authorities to know the content of a file?
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A.D.H.D. Is in the American DNA - Room for Debate
You had to have special qualities — some would say special craziness — to get on a boat and come to America.
Not true.Most of the emigration stories I know start with trouble at home.A.D.H.D looks to follow the pattern of other addictions.It would be worth it to try a twelve step type treatment.For most addicts there is a chemical.Here it would have to be an endorphin.Triggered by a behavior . . .For anorexics the loop runs through food and self image.Nearly the same for bulimics.All three are centered on image control.
88888888888888888888888888888
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The Two Europes Diverge - Room for Debate
There are only two paths for the European economy in the short run – two-speed or no-speed.The currency union is moribund. -
T Exclusive Video | Laura Marling
She has talent.
The space is very hard
The lighting is a joke.
The miking and mixing are nonexistent.
She is swallowing the words.
The choice of the guitar is questionable. Mandolin? Dulcimer?
Send her to the woodshed with a recording machine.She needs to hear her presentation (performance). -
A.D.H.D. Is in the American DNA - Room for Debate
You had to have special qualities — some would say special craziness — to get on a boat and come to America.
I have nothing to add to the above. Addictive behaviors under total personal control look to be very difficult to change.A.D.H.D. might be assaulted with tutoring. Worth the attempt.
The Two Europes Diverge - Room for Debate
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The Two Europes Diverge
Vanessa Rossi, Oxford Analytica
http://en.wikipedia.org/wiki/Oxford_Analytica
http://globalhorizons.oxan.com/programme/details.aspx?q=EuropePathToRecovery
This reads as a standard composition of Republican talking points.
http://krugman.blogs.nytimes.com/2011/10/14/arithmetic-has-a-well-known-keynesian-bias/
"It is truly remarkable how, in a world that looks very Keynesian, anti-Keynesian views have taken over.
. . .
The other part of the story is the troubles of the euro area debtors. Never mind that these have nothing to do with stimulus spending, and that Spain and Ireland were actually fiscal role models before the crisis; this too is spun as somehow anti-Keynesian, rather than a reflection of the disastrous effects of imposing a nouveau gold-standard regime."
http://www.calculatedriskblog.com/2011/10/europe-clock-is-ticking-officials-try.html
"From the WSJ: Europe Faces More Hurdles on Aid Plan
...
The plan will have three pillars: a call for higher capital levels for
France and Germany have less than a week of frantic negotiation ahead ... The Group of 20 richest nations told the eurozone that by the European summit next Sunday it should: agree on the losses the private sector should take on Greek debt; arrange a credible plan for the recapitalisation of Europe’s banks; and install a firewall to protect other countries from Greece’s woes."
http://www.calculatedriskblog.com/2011/10/europe-spain-debt-downgraded-deadline.html
"
by CalculatedRisk on 10/14/2011 12:02:00 AM
From the Financial Times: S&P cuts Spain’s sovereign debt rating
[S&P] knocked Spain’s rating down one notch from double A ... to double A minus. It also kept the ... negative outlook.From the WSJ: Spain Deficit Raises EU Risks
S&P’s statement said ...there were “heightened risks to Spain’s growth prospects” due to high unemployment, tighter financial conditions, a high level of debt and a broader eurozone slowdown.
excerpt with permission
From the NY Times: European Banks Face Deadline to Raise Capital Levels
Europe’s banks face a deadline of three to six months to strengthen their balance sheets and to compensate for the decline in value of Greek and other southGreece is in default. Europe hopes to save their banks. Spain will follow Greece. France looks to be in real danger.European sovereign debt, European officials said Thursday."
"
Pyrrhic Adjustment
Martin Wolf is, as usual, right on point today. As he says, simply providing enough financing for European nations in debt trouble — hard enough as it is — is far from sufficient, because it doesn’t deal with the risk that
One quibble: Wolf describes Ireland as having had a “uniquely successful adjustment”. I know what he means: Ireland, alone among the euro crisis countries, has already achieved significant “internal devaluation”, that is, has managed to reduce its costs and prices compared with the core countries. But it’s really worth bearing in mind what “successful adjustment” looks like:
A few more such successes and Ireland will be back to the 19th century."
forcing adjustment on the weak will fail, because of a lack of offsetting adjustment in the strong. That would not be a huge problem if those forced to adjust are small. It is a vast problem if they are large. The risk is of a downward spiral as austerity is exported and re-exported.With a third of the euro area’s GDP in crisis countries, and with the core countries also pursuing austerity, this is a gigantic problem.
One quibble: Wolf describes Ireland as having had a “uniquely successful adjustment”. I know what he means: Ireland, alone among the euro crisis countries, has already achieved significant “internal devaluation”, that is, has managed to reduce its costs and prices compared with the core countries. But it’s really worth bearing in mind what “successful adjustment” looks like:
http://www.nytimes.com/2011/10/17/opinion/krugman-wall-street-loses-its-immunity.html?partner=rssnyt&emc=rss
"Money talks in American politics, and what the financial industry’s money has been saying lately is that it will punish any politician who dares to criticize that industry’s behavior, no matter how gently — as evidenced by the way Wall Street money has now abandoned President Obama in favor of Mitt Romney. And this explains the industry’s shock over recent events.
You see, until a few weeks ago it seemed as if Wall Street had effectively bribed and bullied our political system into forgetting about that whole drawing lavish paychecks while destroying the world economy thing. Then, all of a sudden, some people insisted on bringing the subject up again.
And their outrage has found resonance with millions of Americans. No wonder Wall Street is whining."
Enough gloom.
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