Is Off-Shoring a National Security Threat?
An anonymous reader writes "Should the U.S. government hold developers more responsible for the quality of their code? One top cyber security analyst says more regulations would be a mistake. 'Any attempt to regulate software quality and security simply drives the software industry off-shore for good,' he says. 'Similarly, requiring trusted on-shore production ensures two things: (1) falling behind world progress as we aren't the only smart people and we are a minority, and (2) costs rise in a way that makes on-shore-mandated software cost-uncompetitive on the world market.'"
The point is that US, as a collective, owes hundreds of trillions in various debts that need to be written off/restructured somehow.
Iceland did the right thing, let the bond holders take a haircut, restructured debt, it's getting better now. Greece and Europe are doing the wrong thing, will likely 'bail' entire countries out, put them into IMF slavery, will destroy their standard of living, it'll be horrible for the Greeks (and eventually the Portuguese and likely some other people.) But it also will be bad for Germans and Swiss - who'll have to pay for this with lower purchasing power and higher taxes.
Over 2 years ago I was in a train from Belgium to Germany, talked to a couple of guys, they were 'government workers'. Asked them: when is Germany getting out of Euro and back to DM? They said: no way, it's better to pay than to fight.
That was what government workers said. Today half of German population believes Germany needs to get out of Euro and back into DM.
There is no other currency today that is worth being a 'reserve' and there is no such thing as 'reserve' currency anyway. Whoever 'owns' it, will abuse that power and destroy it, like USA is doing.
It must be gold. Nobody can abuse it this way.
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The point is that USA needs a major restructuring - huge chunk of gov't must be cut, I'd cut 90% across the board, and would shut down all departments and would repeal all business regulations, shut down IRS, CIA, FBI, etc., repeal income taxes, stop all wars and bring all troops home. Stop all subsidies to everybody, companies, people, whatever. Revoke all 'franchise' statuses, no more gov't monopolies.
This is the only way to fix the incoming problem.
It will not be done. People can't handle the truth that they are in a mouse trap they got into by themselves and that the cheese is a lie.
You can't handle the truth.