Why would one want to divert attention to something so utterly insignificant?
Simply because these banks are cooperative banks that are typically run by politicians. Making them go bankrupt would make a lot of Germans much poorer, and their anger would be directed toward management of those banks: German (ex-) politicians. We can't have the bubble burst that German politicians know best how to run a financially austere society.
Of the 390 billion that was on the table, more than 300 would immediately flow back to the creditors in interest payments. Then, in 2020, the Greeks will owe 390, needing 480 to get them through the next few years. With the current plan, austerity + market price interest rates, there is no scenario in which Greece will get back on its feet. We in Europe will need to take a haircut, and if we're angry about it, we should go after the politicians that bailed out the banks that provide the bad credit in the first place.
The Greek deficit is 0.3% of the EU GDP. Even if we were to fund it year after year for the next century, nobody would notice. The drama has been created to divert attention away of the bail-out of the German Landesbanken in 2010.
You forget that California, and Silicon Valley, in particular has great benefit in having a single currency. Without it, a startup would have a very difficult time to scale to 300 million people, in particular because their MVP would be in CaliDollars, and they would then need to think and schedule where they want to launch next. Net loss.
The ideology that Mussolini called fascism is better described as government forcing private industry to do its bidding, thereby strengthening the state and the might of the dictator. What's going on currently that the private industry is forcing government. That's way older and happened already in Roman times. Private enterprise FTW! Of course, net result of both is that the citizens get screwed.
Also: in capitalism, man exploits man. In communism, it's the other way around.
There was actually plenty of political force used at the time because Germany realized that if the Greeks would leave at that time, lots of German banks would fail. So they put huge pressure on the weak Greek government, got a puppet installed who forced in the loans. The rhetoric at the time was that Greece could not / was not allowed to leave the EU. That changed once the banks had the time to unload the Greek debt unto the population.
The last people who were asked anything (let alone by referendum) was the Greek population.
Of course they're screwed. And for every Euro the Greeks owe, there's a banker in the rest of the EU that lend it to them, knowing full well that they could never pay it off, and that their government would bail them out when it would turn sour. And that's exactly what happened in 2010-2012. German Landesbanken were up in their necks in Greek debt and would topple en-masse if Greece would default. They were assuming that the German government would stand by Greece. Landesbanken are interesting banks. They are 'cooperative', meaning that they are largely controlled by German politicians. These would get into serious trouble if those banks would topple, so the German state decided that Greece could not default until the bad debt was removed from the Landesbanken and was completely socialized over the population. And then they added the rhetoric that every eurocent would be paid back to appease the populace.
Many people actually argued at the time that both Italy and Greece were not in any shape to join the Euro, but were overruled by the Germans that needed as large a Euro-zone as France desired, in order to 'pay' for their right of unification. And that's where the trouble started. Not with the Greek lies, but with the German desire to placate France.
Yes, the Greeks lied and cheated. The Germans did something worse. Rather than letting their banks take the hit, they let their population pay for it, and blame it on foreigners.
No, I think the reaction would be much more subdued. All Euro notes with Greece's 'X' on it will be considered counterfeit money, and people holding those notes will be reimbursed. If Greece starts to really cheat and create notes with other countries initials on it, then the story changes. They could just as well print dollars at that time. The reaction would be much the same.
Don't feel like doing a full survey for the reading impaired, but here's an example: Crack bad, cocaine good. This reduced the weight ratio for federal punishment between possession of crack cocaine and cocaine powder from 100:1 to 18:1, and eliminated the minimum mandatory sentence of 5 years for possession of crack cocaine. Guess what population group was involved in crack, and which in powder when the original law was drafted?
As for organizations, you might want to do some reading into the way the American judicial system hands out sentences for black versus white for exactly the same offense. Check out this paragon of liberal reporting . Being black gives you a 20% longer sentence by default for similar crimes. An ongoing program of sentencing black harder than any other group.
This took me 2 minutes of googling. You might want to try this. It's all pretty well known and out in the open. I'm curious how come that you're not aware of this and think everything is equal and unbiased in the USA. Watch Fox a lot?
You make a couple of interesting points wrt arming the populace. I'll mull over that an possibly respond later. Wrt the electoral college however: please note that every state except swing states such as Ohio and Florida are currently flyover country, electorally speaking. There is no point for any candidate to show up in any non-swing state, so all efforts go to those few that are. This holds for traditional flyover country (red) and metro areas (blue). The swing states get all the attention, and therefore all the promises. It's a lot smaller group of states than would be served otherwise. Without the electoral college, any state that has a significant minority of voters for the other side becomes a battleground. Currently, the red guy in DC is as irrelevant as the blue guy in Idaho.
In the US, the top 20 cities contain about 33 Million people, a mere 10% of the population. Why do you think they will get all the attention? Also note that the electoral college composition itself is based on population density, so there's not a lot of interest in those few votes in any case.
Why does this makes sense you think? The US constitution is a pretty reasonable document that argues the choices therein. The only place where things are self-evident is in the declaration of independence, but also there the self-evidence are that men are created equal, endowed with inalienable rights. It seems you feel that these rights are LIfe, Liberty, the Pursuit of Happiness and the the Right to Bear Arms. Unfortunately for your position, this is not the case. If the people that drafted the second amendment would have decided that bearing arms is something that doesn't need justification, they would have said so. But they didn't, and their original reason has expired. Clinging to the consequences of that reasoning is, although strictly speaking legal, also intellectual fraud. You might like the outcome of the second amendment, you might even fight tooth and nail to prevent it from being changed, but to claim that this is the intent of the document is pretty far fetched.
Yes, you are absolutely right that proving the first half false doesn't relax the commandment in the second half. Therefore I advocated in my original post that the second amendment should be rephrased loosely as: "For no discernable purpose whatsoever, the right of the people to bear arms should not be abridged".
Sounds like a load of cow manure to me. I love Penn&Teller, but frankly, much of their BS episodes are BS in their own right. They really needed to fill those seasons and when they run out of arguments, they start shouting.
A militia is, by definition, not a standing army. It is formed by civilians. Here's a definition: "Militia: a military force that is raised from the civil population to supplement a regular army in an emergency." Here's another: "a military force that engages in rebel or terrorist activities in opposition to a regular army." There was a militia at the time, they were civilians. They bought their own weapons. That was considered the right way to defend the country. For the people, by the people. The standing army came later, and it wasn't called a militia.
Even on linguistic grounds, the argument doesn't make sense. The amendment reads: "A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed." Now let's enter a definition of militia in there: "a military force raised from the people". Now the argument reads: "A well regulated military force raised from the people, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed". You're sure that the first people are not the same as the second people? Why would the people need to fight the people? Were the founding fathers advocating permanent civil war?
I think your parenthetical expression is a bit more than just word-fluff entered by a founding father in a flurry of poetic inspiration. It clearly describes the intent of the amendment. People need to be armed to defend the state. The US didn't have a big standing army at the time, and it was clear that to keep free, they would need to be able to call up their citizens if they were attacked, and those citizens better be armed. Given that the US currently has a larger army than the rest of the world combined, I don't think that calling up their citizens is very relevant at this point.
Same with the electoral college. In the good old days, the state would have a vote in November, and would select the person(s) that would get up on a horse and ride to Washington DC to represent the state in electing the president. There was simply no other way. The electoral college became obsolete with the telegraph, but it's still around.
The stated reasons for the second amendment are no longer relevant, yet the amendment stays. Maybe the amendment should be updated to: "The right of the people to keep and bear Arms, for no reason whatsoever, shall not be infringed".
If the executive branch of government breaks the law, they will be judged. The legislative branch has the power to change the law, but that requires a majority in both houses. The current Dutch executive branch does not have a majority in both houses, so they are shit out of luck. The elected government is formed by the two houses, so I guess I would say that the elected government is not entirely in sync with the executive branch here. There are many subtleties here that have to do with how Dutch government is constructed, but the situation is by no means outrageous. It seems that Trias Politica is working here.
What I understood was that Detroit had no problem designing cars that people wanted to buy. SUV's were and still are very popular. They just weren't able to make a profit building and selling them.
Think about that for a second. The ex-president was going to leave to avoid the taxes.
Thought about it, and came to the conclusion that the ex-president, who is now trying to get back into politics after being through many court-cases, is quite probably trying to get an upper-hand on his rival. Has he left? No. Will he leave? No chance.
Not saying that 75% tax rate is a good thing, but taking Sarkozy as an example is not very convincing.
On the other hand, if you plot periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of the cesium 133 atom versus the Earth cycle around the sun, it will show that cesium 133 is a horrible clock. It's even worse, if you have two cesium 133 atoms that accelerate differently, they will go out of sync! We luckily only have one Earth, so it cannot go out of sync with itself.
There's another exactly one correct way to do it. Lengthen the nanosecond to be in tune with the Earth's revolution around the sun instead of counting periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of the cesium 133 atom.
You really think that? Linux runs in practically all data-centers globally, saving trillions of dollars world-wide for business annually. It powers most devices, including a very popular type of mobile phone, used by billions, and you're comparing that to a president of the United States, or even worse, a governor of just one state? These are career politicians that have only a marginal influence on an economy that largely drives itself. Politicians are simply not that influential. Of your list, only Bill Gates qualifies as comparable, as he did something enormous as well: create a market for software alone (before MS, software was a means to sell hardware). The others are small fry: politicians and people that run a business worth a few hundred billion with simply operate in the economy. They didn't change it.
You're probably mislead by the fact that from the economic impact that Torvalds made, he didn't become exceedingly wealthy. But the impact is there, and it is enormous.
I loved the segment on, what was it again? Either the Daily Show or John Oliver's bit, where they were quoting a CIA report about the effectiveness of their operations. The only place where they reported a success was in arming the Mujahadeen against the Russians in Afghanistan. Great job, until the Mujahadeen transformed into the Taliban and gave Al Qaida a safe haven. I think we should indeed chill, and get rid of the spooks. Their track record is appalling.
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Simply because these banks are cooperative banks that are typically run by politicians. Making them go bankrupt would make a lot of Germans much poorer, and their anger would be directed toward management of those banks: German (ex-) politicians. We can't have the bubble burst that German politicians know best how to run a financially austere society.
Of the 390 billion that was on the table, more than 300 would immediately flow back to the creditors in interest payments. Then, in 2020, the Greeks will owe 390, needing 480 to get them through the next few years. With the current plan, austerity + market price interest rates, there is no scenario in which Greece will get back on its feet. We in Europe will need to take a haircut, and if we're angry about it, we should go after the politicians that bailed out the banks that provide the bad credit in the first place.
The Greek deficit is 0.3% of the EU GDP. Even if we were to fund it year after year for the next century, nobody would notice. The drama has been created to divert attention away of the bail-out of the German Landesbanken in 2010.
You forget that California, and Silicon Valley, in particular has great benefit in having a single currency. Without it, a startup would have a very difficult time to scale to 300 million people, in particular because their MVP would be in CaliDollars, and they would then need to think and schedule where they want to launch next. Net loss.
The ideology that Mussolini called fascism is better described as government forcing private industry to do its bidding, thereby strengthening the state and the might of the dictator. What's going on currently that the private industry is forcing government. That's way older and happened already in Roman times. Private enterprise FTW! Of course, net result of both is that the citizens get screwed.
Also: in capitalism, man exploits man. In communism, it's the other way around.
There was actually plenty of political force used at the time because Germany realized that if the Greeks would leave at that time, lots of German banks would fail. So they put huge pressure on the weak Greek government, got a puppet installed who forced in the loans. The rhetoric at the time was that Greece could not / was not allowed to leave the EU. That changed once the banks had the time to unload the Greek debt unto the population.
The last people who were asked anything (let alone by referendum) was the Greek population.
That's a pretty recent (and destructive) interpretation of the responsibilities of a public company, and one that has no statue in law.
Of course they're screwed. And for every Euro the Greeks owe, there's a banker in the rest of the EU that lend it to them, knowing full well that they could never pay it off, and that their government would bail them out when it would turn sour. And that's exactly what happened in 2010-2012. German Landesbanken were up in their necks in Greek debt and would topple en-masse if Greece would default. They were assuming that the German government would stand by Greece. Landesbanken are interesting banks. They are 'cooperative', meaning that they are largely controlled by German politicians. These would get into serious trouble if those banks would topple, so the German state decided that Greece could not default until the bad debt was removed from the Landesbanken and was completely socialized over the population. And then they added the rhetoric that every eurocent would be paid back to appease the populace.
Many people actually argued at the time that both Italy and Greece were not in any shape to join the Euro, but were overruled by the Germans that needed as large a Euro-zone as France desired, in order to 'pay' for their right of unification. And that's where the trouble started. Not with the Greek lies, but with the German desire to placate France.
Yes, the Greeks lied and cheated. The Germans did something worse. Rather than letting their banks take the hit, they let their population pay for it, and blame it on foreigners.
No, I think the reaction would be much more subdued. All Euro notes with Greece's 'X' on it will be considered counterfeit money, and people holding those notes will be reimbursed. If Greece starts to really cheat and create notes with other countries initials on it, then the story changes. They could just as well print dollars at that time. The reaction would be much the same.
Don't feel like doing a full survey for the reading impaired, but here's an example: Crack bad, cocaine good. This reduced the weight ratio for federal punishment between possession of crack cocaine and cocaine powder from 100:1 to 18:1, and eliminated the minimum mandatory sentence of 5 years for possession of crack cocaine. Guess what population group was involved in crack, and which in powder when the original law was drafted?
As for organizations, you might want to do some reading into the way the American judicial system hands out sentences for black versus white for exactly the same offense. Check out this paragon of liberal reporting . Being black gives you a 20% longer sentence by default for similar crimes. An ongoing program of sentencing black harder than any other group.
This took me 2 minutes of googling. You might want to try this. It's all pretty well known and out in the open. I'm curious how come that you're not aware of this and think everything is equal and unbiased in the USA. Watch Fox a lot?
You make a couple of interesting points wrt arming the populace. I'll mull over that an possibly respond later. Wrt the electoral college however: please note that every state except swing states such as Ohio and Florida are currently flyover country, electorally speaking. There is no point for any candidate to show up in any non-swing state, so all efforts go to those few that are. This holds for traditional flyover country (red) and metro areas (blue). The swing states get all the attention, and therefore all the promises. It's a lot smaller group of states than would be served otherwise. Without the electoral college, any state that has a significant minority of voters for the other side becomes a battleground. Currently, the red guy in DC is as irrelevant as the blue guy in Idaho.
In the US, the top 20 cities contain about 33 Million people, a mere 10% of the population. Why do you think they will get all the attention? Also note that the electoral college composition itself is based on population density, so there's not a lot of interest in those few votes in any case.
Why does this makes sense you think? The US constitution is a pretty reasonable document that argues the choices therein. The only place where things are self-evident is in the declaration of independence, but also there the self-evidence are that men are created equal, endowed with inalienable rights. It seems you feel that these rights are LIfe, Liberty, the Pursuit of Happiness and the the Right to Bear Arms. Unfortunately for your position, this is not the case. If the people that drafted the second amendment would have decided that bearing arms is something that doesn't need justification, they would have said so. But they didn't, and their original reason has expired. Clinging to the consequences of that reasoning is, although strictly speaking legal, also intellectual fraud. You might like the outcome of the second amendment, you might even fight tooth and nail to prevent it from being changed, but to claim that this is the intent of the document is pretty far fetched.
Yes, you are absolutely right that proving the first half false doesn't relax the commandment in the second half. Therefore I advocated in my original post that the second amendment should be rephrased loosely as: "For no discernable purpose whatsoever, the right of the people to bear arms should not be abridged".
Sounds like a load of cow manure to me. I love Penn&Teller, but frankly, much of their BS episodes are BS in their own right. They really needed to fill those seasons and when they run out of arguments, they start shouting.
A militia is, by definition, not a standing army. It is formed by civilians. Here's a definition: "Militia: a military force that is raised from the civil population to supplement a regular army in an emergency." Here's another: "a military force that engages in rebel or terrorist activities in opposition to a regular army." There was a militia at the time, they were civilians. They bought their own weapons. That was considered the right way to defend the country. For the people, by the people. The standing army came later, and it wasn't called a militia.
Even on linguistic grounds, the argument doesn't make sense. The amendment reads: "A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed." Now let's enter a definition of militia in there: "a military force raised from the people". Now the argument reads: "A well regulated military force raised from the people, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed". You're sure that the first people are not the same as the second people? Why would the people need to fight the people? Were the founding fathers advocating permanent civil war?
Your argument is, indeed, bullshit.
I think your parenthetical expression is a bit more than just word-fluff entered by a founding father in a flurry of poetic inspiration. It clearly describes the intent of the amendment. People need to be armed to defend the state. The US didn't have a big standing army at the time, and it was clear that to keep free, they would need to be able to call up their citizens if they were attacked, and those citizens better be armed. Given that the US currently has a larger army than the rest of the world combined, I don't think that calling up their citizens is very relevant at this point.
Same with the electoral college. In the good old days, the state would have a vote in November, and would select the person(s) that would get up on a horse and ride to Washington DC to represent the state in electing the president. There was simply no other way. The electoral college became obsolete with the telegraph, but it's still around.
The stated reasons for the second amendment are no longer relevant, yet the amendment stays. Maybe the amendment should be updated to: "The right of the people to keep and bear Arms, for no reason whatsoever, shall not be infringed".
If the executive branch of government breaks the law, they will be judged. The legislative branch has the power to change the law, but that requires a majority in both houses. The current Dutch executive branch does not have a majority in both houses, so they are shit out of luck. The elected government is formed by the two houses, so I guess I would say that the elected government is not entirely in sync with the executive branch here. There are many subtleties here that have to do with how Dutch government is constructed, but the situation is by no means outrageous. It seems that Trias Politica is working here.
Or just maybe, politician will stop making promises they don't intend to keep. Now that would be terrible.
Big money disagrees with you here. Oil companies are moving into the Arctic sea, expecting it to stay ice-free for times to come.
Please read up on 'broken window fallacy'. Early failure of products has nothing to do with a strong economy.
What I understood was that Detroit had no problem designing cars that people wanted to buy. SUV's were and still are very popular. They just weren't able to make a profit building and selling them.
Thought about it, and came to the conclusion that the ex-president, who is now trying to get back into politics after being through many court-cases, is quite probably trying to get an upper-hand on his rival. Has he left? No. Will he leave? No chance.
Not saying that 75% tax rate is a good thing, but taking Sarkozy as an example is not very convincing.
On the other hand, if you plot periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of the cesium 133 atom versus the Earth cycle around the sun, it will show that cesium 133 is a horrible clock. It's even worse, if you have two cesium 133 atoms that accelerate differently, they will go out of sync! We luckily only have one Earth, so it cannot go out of sync with itself.
There's another exactly one correct way to do it. Lengthen the nanosecond to be in tune with the Earth's revolution around the sun instead of counting periods of the radiation corresponding to the transition between the two hyperfine levels of the ground state of the cesium 133 atom.
You really think that? Linux runs in practically all data-centers globally, saving trillions of dollars world-wide for business annually. It powers most devices, including a very popular type of mobile phone, used by billions, and you're comparing that to a president of the United States, or even worse, a governor of just one state? These are career politicians that have only a marginal influence on an economy that largely drives itself. Politicians are simply not that influential. Of your list, only Bill Gates qualifies as comparable, as he did something enormous as well: create a market for software alone (before MS, software was a means to sell hardware). The others are small fry: politicians and people that run a business worth a few hundred billion with simply operate in the economy. They didn't change it.
You're probably mislead by the fact that from the economic impact that Torvalds made, he didn't become exceedingly wealthy. But the impact is there, and it is enormous.
I loved the segment on, what was it again? Either the Daily Show or John Oliver's bit, where they were quoting a CIA report about the effectiveness of their operations. The only place where they reported a success was in arming the Mujahadeen against the Russians in Afghanistan. Great job, until the Mujahadeen transformed into the Taliban and gave Al Qaida a safe haven. I think we should indeed chill, and get rid of the spooks. Their track record is appalling.