People who think like you, sir, is the problem why this country recidivism rate is so high.
He stole NO money. If you are talking about damages caused by leaked information (which are supposed to be free anyway) you are a dumbass for not having hacker or ID theft insurance. There are many company who offer that for cheap.
There are two quite different perspectives in the set of speeches at this conference. Many on our morning panels – Steve Keen, William Greider, and earlier Yves Smith and Robert Kuttner – have warned about the economy being strapped by debt. The debt we are talking about is private-sector debt. But most officials this afternoon focus on government debt and budget deficits as the problem – especially social spending such as Social Security, not bailouts to the banks and Federal Reserve credit to re-inflate prices for real estate, stocks and bonds.
Government deficit spending into the economy is the solution. The problem is private debt. And in contrast to Federal Reserve and Treasury bailout policy, we view the problem not as real estate prices too low to cover bank reserves. The problem is the carrying charges on this private debt, and the fact that debt service is eating into personal income – and also business income – to deflate the economy.
Mortgage debt that is still leading to foreclosures, evictions, and is depressing the real estate market for most buyers except for all-cash hedge funds;
We have been urging a write-down of mortgage debt in line with the debtor’s ability to pay, or to bring debt service in line with current market prices. The administration has bailed out the banks for their bad loans, but has kept the debts in place for most of the population. Its promise of debt write-downs has been empty.
Student loan debt, now the second largest debt in the US at around $1 trillion, is the one kind of debt that has been growing since 2008. It is depriving new graduates of the ability to start families and buy new homes. This debt is partly a byproduct of cutbacks in federal and local aid to the universities, and partly of turning them into profit centers – financializing education to squeeze out an economic surplus to invest in real estate and financial holdings, to pay much higher salaries to upper management (but not to professors, who are being replaced by part-time, un-tenured help), and especially to create a thriving high-profit, zero-risk, government guaranteed loan business for banks.
This is not really “socializing” student loans. Its social effects are regressive and negative. It is a bank-friendly giveaway that is helping polarize the economy.
The character of the stock market has been turned upside down. Instead of raising equity capital to reduce corporate debt ratios, corporate takeovers are being financed with debt.
Business debt service is still crowding out the use of corporate cash flow for new tangible investment and hiring. This is especially the case for companies bought in leveraged buyouts for corporate or management takeovers. Shareholder activism is forcing industrial companies to yield financial returns, such as using earnings for stock buy-backs to bid up stock market prices (and thereby increase the value of management stock options). We thus are seeing a buildup of financial capital, not of industrial capital.
The result of the private-sector debt overhang is a self-feeding spiral of debt deflation. Revenue earmarked to pay bankers is not available to spend on goods and services. Lower consumer spending is a major reason why firms are not investing in tangible capital to produce more output. Markets shrink, shopping malls close down, and empty stores are appearing for rent on major shopping streets from New York City to London.
Slowing employment is causing a state and local budget squeeze. Something has to give – and it is largely pension plans, infrastructure spending and social programs.
However, the one kind of debt we are not worried about is government debt. That’s because governments have little problem paying it. They do not need to balance their budget with tax revenue, because their central bank can simply print the money. On balance, the overall public debt rarely needs to be paid down. As Adam Smith noted in The Wealth of Nations, no governme
Inner city teachers are required to pass their students or they might get shot by the students. The primary / secondary education system here is a joke. We need to start rounding up certain people and terminate.
However, unfortunately, one of their own is now living in 1600 Pennsylvania Avenue NW, Washington, D.C.
tell me where to get credit or grants for the money to even get a business started. People only fund/loan ESTABLISHED business.
And look, you said "If you're any good at what you do", there are people with disabilities that are no good at whatever they do, they should also be entitle to a job if they want to work.
Yes, arresting someone who are exercising the first amendment right to criticize a certain religion by making an obscure youtube video that nobody talks or cares about until Mr. Hussein Obama blames on it. Nice Application of Streisand effect.
Tell me how you can prosecute a bully that has all the money and weapons?
The Jews behind the United States Zionist Occupied Government believes they are the superior race and they are bounded by no laws except the Talmud which they can kill or rape any gentile they choose. Their right is, obviously, given by God.
Slashdot Mirror
Because if they does, the plan to enrich the military industrial complex known as the "War on Drugs" will be over.
People who think like you, sir, is the problem why this country recidivism rate is so high.
He stole NO money. If you are talking about damages caused by leaked information (which are supposed to be free anyway) you are a dumbass for not having hacker or ID theft insurance. There are many company who offer that for cheap.
There are two quite different perspectives in the set of speeches at this conference. Many on our morning panels – Steve Keen, William Greider, and earlier Yves Smith and Robert Kuttner – have warned about the economy being strapped by debt. The debt we are talking about is private-sector debt. But most officials this afternoon focus on government debt and budget deficits as the problem – especially social spending such as Social Security, not bailouts to the banks and Federal Reserve credit to re-inflate prices for real estate, stocks and bonds.
Government deficit spending into the economy is the solution. The problem is private debt. And in contrast to Federal Reserve and Treasury bailout policy, we view the problem not as real estate prices too low to cover bank reserves. The problem is the carrying charges on this private debt, and the fact that debt service is eating into personal income – and also business income – to deflate the economy.
Mortgage debt that is still leading to foreclosures, evictions, and is depressing the real estate market for most buyers except for all-cash hedge funds;
We have been urging a write-down of mortgage debt in line with the debtor’s ability to pay, or to bring debt service in line with current market prices. The administration has bailed out the banks for their bad loans, but has kept the debts in place for most of the population. Its promise of debt write-downs has been empty.
Student loan debt, now the second largest debt in the US at around $1 trillion, is the one kind of debt that has been growing since 2008. It is depriving new graduates of the ability to start families and buy new homes. This debt is partly a byproduct of cutbacks in federal and local aid to the universities, and partly of turning them into profit centers – financializing education to squeeze out an economic surplus to invest in real estate and financial holdings, to pay much higher salaries to upper management (but not to professors, who are being replaced by part-time, un-tenured help), and especially to create a thriving high-profit, zero-risk, government guaranteed loan business for banks.
This is not really “socializing” student loans. Its social effects are regressive and negative. It is a bank-friendly giveaway that is helping polarize the economy.
The character of the stock market has been turned upside down. Instead of raising equity capital to reduce corporate debt ratios, corporate takeovers are being financed with debt.
Business debt service is still crowding out the use of corporate cash flow for new tangible investment and hiring. This is especially the case for companies bought in leveraged buyouts for corporate or management takeovers. Shareholder activism is forcing industrial companies to yield financial returns, such as using earnings for stock buy-backs to bid up stock market prices (and thereby increase the value of management stock options). We thus are seeing a buildup of financial capital, not of industrial capital.
The result of the private-sector debt overhang is a self-feeding spiral of debt deflation. Revenue earmarked to pay bankers is not available to spend on goods and services. Lower consumer spending is a major reason why firms are not investing in tangible capital to produce more output. Markets shrink, shopping malls close down, and empty stores are appearing for rent on major shopping streets from New York City to London.
Slowing employment is causing a state and local budget squeeze. Something has to give – and it is largely pension plans, infrastructure spending and social programs.
However, the one kind of debt we are not worried about is government debt. That’s because governments have little problem paying it. They do not need to balance their budget with tax revenue, because their central bank can simply print the money. On balance, the overall public debt rarely needs to be paid down. As Adam Smith noted in The Wealth of Nations, no governme
All loans (including "non-dischargable" student loans) are dischargable / written off when you renounce your U.S. citizenship.
To prevent another Aaron Swartz tragedy from happening.
is to facilitate slavery.
DOWN WITH THE U.S. ZIONIST OCCUPIED GOVERNMENT ggggggggggggggggggggggggggggggggggggggggggggggggggg
Inner city teachers are required to pass their students or they might get shot by the students. The primary / secondary education system here is a joke. We need to start rounding up certain people and terminate.
However, unfortunately, one of their own is now living in 1600 Pennsylvania Avenue NW, Washington, D.C.
Anarchy is only REAL form of democracy.
King Obama.
This is not a Christan country. This is a Zionist country. The government is controlled by Zionist. Usury is their game, their lifeblood.
The Zionist controlled Federal Reserve System would not let the Postal Savings System revive again. Period.
tell me where to get credit or grants for the money to even get a business started. People only fund/loan ESTABLISHED business.
And look, you said "If you're any good at what you do", there are people with disabilities that are no good at whatever they do, they should also be entitle to a job if they want to work.
I don't get affected by any of these.
Yes, arresting someone who are exercising the first amendment right to criticize a certain religion by making an obscure youtube video that nobody talks or cares about until Mr. Hussein Obama blames on it. Nice Application of Streisand effect.
Nice, no NVIDIA/ATI, where do i get SiS / S3 video card?
I for one will not want RMS and alikes working at my organization.
This is even hotter instead, and she randomly sleeps for at least thousands of hours consecutively, and hyper sexuality.
http://www.youtube.com/watch?v=vR4Ajo4yGUs
this BS will not happen.
The truth is so hard to swallow, leftists are resorting to name calling to make themselves legitimate.
IS THE reason why our country refuse to learn from others about gun control.
They block all account activation email verification codes sent from myg0t.
Yahoo and Microsoft are not.
Tell me how you can prosecute a bully that has all the money and weapons?
The Jews behind the United States Zionist Occupied Government believes they are the superior race and they are bounded by no laws except the Talmud which they can kill or rape any gentile they choose. Their right is, obviously, given by God.
instant democracy follows.
Jew is a race. Compare his surname to commonly known Jewish surname.
If not Jew by race he is at least being guilty of being part of the Google shill.