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Displaying (4) Comments | Comment on this piece | Report objectionable art
the deepest she ever went into any issue was to read the etexucive summary.A meeting between Obama and Tony Hayward reeks of being nothing but a photo op. What are they going to do but say You better fix it and We're doing everything we can. Face it, all the real work, and all the technical knowledge is located at levels well below Obama and Hayward.And for better or worse, liberals are stuck with their own ideals. It's not like Cheney's here and we can get some emotional satisfaction by publicly water boarding Hayward or anything. Or maybe call him a corporate terrorist and wrap little C4 charges around his genitals and threaten to set it off if he doesn't stop the leak. Or can we just declare war on corporate irresponsibility so its OK to torture corporate wrongdoers? And sell rights to the live super slo-mo of Haywards nuts emulating the expanding universe in the big bang. Don't criminal wrongdoers have to pay restitution? Maybe the TV rights would pay enough to cover the clean up costs. That's to clean up the oil spill, not the studio.But remember, if the penalty is to high, no corporate etexucive will risk the consequences associated with deep sea drilling. If you want them to drill, they're always going to want a profit and probably a safe harbor standard to avoid catastrophic liability and the potential risk of another big bang.The irony of Sarah's blog is that its a fairly cogent argument for bigger government in the form of increased regulation. Obviously she (or more likely those who assist her in formulating conscious thought) would say its for better not more regulation. Rate this comment: 0 0
By: | May 28, 2014 | Report Comment
RE: I think this is key to getting out of this crsiis. The problem is that in China you have a worker working for $80 per month. In the US this worker would starve to death. But because currency valuations are so twisted this worker in China can do ok. I don't know China but I know Eastern Europe much better because I was raised there. In 1989 before the communism collapsed people were earning like $15 per month. Wo hoo! But people were able to buy food, rent, maybe save up for a small car etc. But when they would somehow get to Frankfurt they would spend their entire salary just to get a dinner. And there were some crazy prices like it cost 5 cents to travel on a train from Warsaw to Prague. After communism collapsed and they floated the currency the $ started sinking here like crazy. Like I saw it losing 20% of its value per day. So because the prices and currencies are out of whack it creates a situation that China does not consume anything and America consumes everything. To get this straight you need to get the $ to have a realistic value. I am not saying that Chinese worker will earn a US salary but it cannot be 2% of a US salary. At this rate this trade is out of whack. And I understand that China wants to learn how to manufacture things and needs to learn the technologies, get management to learn how to run companies etc. But at this point if I were in the US govt I would consider devaluing the USD. I think there would be some period of adjustment etc. But I would not sweat that Europeans will have higher salaries because as with Chinese workers it only matters what you can buy in the local market. I think Europe would get screwed completely as their industries are dependent on the US. So they would earn a lot just that nobody would be willing to hire anybody there. Rate this comment: 0 0
By: | May 27, 2014 | Report Comment
RE: It not clear that buyers still have to be under canrtoct by the April 30th deadline or if they are extending only the closing date by the September date proposed (two entirely different issues). If they are extending the closing date only, there will be no incentive to buyers during the next quarter.My guess is that the pending sales data is hitting Senators fax machines. I've been thinking for quite a while that with one eye you have to look at the market for what it presents and the other eye trained on what .gov will do to keep the market moving along (incentives) which Bears will have to take into consideration if they are to believe that we are going to continue down with another 15-20% drop in Seattle-Puget Sound area housing prices from peak 2007 levels. Rate this comment: 0 0
By: | Mar 12, 2014 | Report Comment
Now we know who the snesilbe one is here. Great post!
By: | Dec 13, 2011 | Report Comment
creche
mzabor
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