how is our race to the bottom doing? Greece is on it's way to yet another default. If my calculations are right (see: http://fdominicus.blogspot.de/2012/05/ist-blodheit-ansteckend.html) then Spain has to get new debt of 33 ¢ for every Euro they spend. New debts (officiall numbers) around 34 billions...
Posted to
F Dominicus Blog
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Friedrich Dominicus
on
Wed, May 30 2012
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Filed under: allmightyness, liability, "political solutions", liar, wishful thinking, back to the dark ages, don't believe, alternatives, "helping" Greece., "great nation", race to the bottom, does it get better
I'm wondering, is this the case? If one sees for whom they voted, it seems the answer is "maybe". AFAIKT Obama has lied. He promised to close Guantanamo but still this violation of human rights is still functional. I do not even start talking about his slogan "Yes we can". The...
nobody can beat the USA. The unbelievable sum is somewhere around 14 000 000 000 000 (14 trillions) the new debt every day is a around 4 000 000 000. That are new debt of around 1 200 000 000 000. And yet it's not "enough", As we learned Geither wants the "right" to make even...
Regulating Enterprise by Alex Merced Time and time again we hear in the news that we need stronger regulation on Oil, Housing, and Banking to prevent all the problems we've seen over the last few years. Today, I'd like to make the argument that the problems with all three of these sectors has...
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AlexMerced
by
Alex Merced
on
Wed, Jun 30 2010
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Filed under: Subsidies, Moral Hazard, Risk, Taxes, Federal Reserve, SIPC, FDIC, Liability, Fannie, Oil, Central Banks, Unemployment, Freddie, Real Estate, Housing, Enterprise
Well I was one of the few in 2008 which were writing against Obama. I had my reasons for that and I just mention a few things - ObamaCare - Tarp Now there was one thing I thought he'd be doing better than anyone else before. Talking to other politicians. But he proofed me wrong. It's corporate...
for the oil spill in the gulf. Well yes BP is the main reason but, the governement have decided after the Exon accident to limit the liability to around 75 000 000. Maybe anyone can tell me why that was kept so low, the refineries earn Billions a year. So why should they not be "fully" liable...
I always believed and still believe that innovations that make our day to day tasks simpler and easier is the key to raising the standard of life. Although, in making investment more convenient we have sown the seeds of our own destruction. The primary deterrent to anyone saving or investing capital...