You’ve been splendidly displaying Colorado rails…how bout one run by a charity banker?
You’ve been splendidly displaying Colorado rails…how bout one run by a charity banker?
It’s Krugman MSM 24/7.
I don’t get why they don’t shut the HELL up until it all becomes ash.
Then they might get an audience…
Oh yeah bank audit dude, David…help me…Bill Buckner?
“Our country is broke. It’s not broke in 75 years or 50 years or 25 years or 10 years. It’s broke today,” he told the Senate Budget Committee. “Indeed, it may well be in worse fiscal shape than any developed country, including Greece.”
And what about official figures showing that federal government debt is “only” 74 percent of GDP? “Unfortunately, the federal debt is not an economic measure of anything, including our nation’s fiscal position,” Kotlikoff argued. “Instead, the federal debt and its annual change, the deficit, are purely linguistic constructs that reflect how members of Congress choose to label government receipts and payments.”
For example, that figure omits the almost $750 billion the government is collecting this year in Social Security payroll taxes from workers and the future Social Security transfer payments these FICA contributions secure, he explains.
“Were we to go back in time and re-label all past Social Security taxes as borrowing, official federal debt held by the public would not be $13 trillion, but $38 trillion, which is 211 percent of U.S. GDP.”
In reality we’re facing a fiscal gap of $210 trillion, Kotlikoff proclaimed. That’s 16 times larger than official U.S. debt, “which indicates precisely how useless official debt is for understanding our nation’s true fiscal position,” he noted, and almost 12 times the current GDP of $18 trillion.
Looking at the global horizon, from 2007 through the second quarter of 2014, debt grew by $57 trillion, raising the global debt-to-GDP ratio by 17 percentage points to 286 percent, according to the McKinsey Global Institute.
The endgame of this global cesspool won’t be pretty, says Jeremy Warner, assistant editor of The Daily Telegraph. “The world is sinking under a sea of debt, private as well as public, and it is increasingly hard to see how this might end, except in some form of mass default,” he wrote.
And it won’t just be sovereign nations, but the corporate sector as well, Warner says.
“You might have thought that a financial crisis as serious as that of the past seven years would have ended the world economy’s addiction to debt once and for all. It has not. If anything, the position has grown even worse since the collapse of Lehman Brothers [in 2008].”
Governments in advanced economies have borrowed heavily to fund bailouts and boost demand. Private sector debt also has climbed rapidly in many countries.
The massive debt burden makes the global economy very vulnerable to financial crises, Warner maintained.
Mac the Miner’s jet was flying from South America to Toronto. Perhaps a few new entrants for the Juan de Guzman high dive gold metal?
Full on 4.0 from the Russian judge.
Three Goldcorp miners found dead in troubled Mexico state
(Reuters) – Three employees of Canadian miner Goldcorp Inc were found dead, family members said, after they were believed to have been abducted in restive southwestern Mexico.
The corpses were found on Friday in a mass grave in Guerrero state and showed signs of torture, the relatives said. It was the same state where 43 trainee teachers were abducted late last year and apparently massacred, in an incident that sparked President Enrique Pena Nieto’s deepest political crisis.
State authorities declined to comment when asked about the discovery.
The state prosecutor’s office said on March 6 that four employees of Goldcorp, the world’s biggest gold producer by market value, had possibly been kidnapped. Prior to their disappearance, they were believed to be headed home after finishing their shifts at the Los Filos mine.
The fourth employee has since been freed, according to family members.
“The information available to us about this incident is limited, however the disappearance of the employees was unrelated to their role with Goldcorp,” Goldcorp spokeswoman Christine Marks wrote in an e-mail on Sunday.
“The employees were not at the mine conducting Goldcorp business or in Goldcorp-supplied transportation at the time of the incident,” she added.
(Reporting by Mexico City Newsroom; Writing by Joanna Zuckerman Bernstein; Editing by Simon Gardner and Christian Plumb)
http://www.reuters.com/article/2015/03/16/us-mexico-goldcorp-idUSKBN0MC02W20150316
The day will come when we will be forced to give up our role as world policeman and resort to using a little common sense and come home. This will only occur when the American people realize that our presence around the world and the maintenance of our empire has nothing to do with defending our Constitution, preserving our liberties, or fulfilling some imaginary obligation on our part to use force to spread American exceptionalism. A thorough look at our economic conditions, our pending bankruptcy, our veterans hospitals, and how we’re viewed in the world by most other nations, will compel Americans to see things differently and insist that we bring our troops home – the sooner the better.
True but also gets the focus of talk of impeachment off him doesn’t it.
the bad news is that today is the ides of march…
but the good news is that we are almost through it, and so far, nobody has been stabbed on the senate floor.
Thank you very much for posting the link to that most intriguing set of videos.
The concepts presented, although commonly accepted as stale and useless,
were instead made mysterious and fresh.
What a find!
I’ll watch again, and have forwarded the link to others.
I think I’ll just chalk that one up ass another Bush fault.
Oh and 16:40, what’s this 2022 crap, I thot we were worried about 2525…
Does Hertz think people will just lay down and let that happen? I don’t think most anyone likes to be spied on. It’s just like 1984 but the camera is in your car instead of your living room!
Following wild rumours of his death or a botched cosmetic procedure, TV report says Russian president has flu while Austrian newpaper suggests back problems
Very interesting video looking into the future!! (I hope)……Silverngold
https://www.youtube.com/watch?feature=player_embedded&v=RQiM5WsrFaI
|
Hertz puts cameras in its rental cars, says it has no plans to use them
This week I got an angry email from a friend who had just rented a car from Hertz: “Did you know Hertz is putting cameras in rental cars!? This is bullsh*t. I wonder if it says they can tape me in my Hertz contract.” He sent along this photo of a camera peeping at him from out of his “NeverLost,” a navigational device that the company has started putting in many of its cars:
“I even felt weird about singing in the car by myself,” he said. A Googling expedition revealed that my friend was not the first person driven to disturbance by the in-car surveillance system. A Yelp user was revved up about it. Disgruntled renters on travel forums like MilePoint and FlyerTalk want Hertz to put the brakes on “spy cams.” A loyal Hertz customer who rented a car in Chicago said it might make them never want to rent with Hertz again:
The system can’t be turned off from what I could tell. Further investigation revealed that the camera can see the entire inside of the car. I know rental car companies have been tracking the speed and movements of their vehicles for years but putting a camera inside the cabin of the vehicle is taking their need for information a little TOO FAR. I find this to be completely UNACCEPTABLE. In fact, if I get another car from Hertz with a camera in it, I will move our business from Hertz completely.
more http://fusion.net/story/61741/hertz-cameras-in-rental-cars/
I only watched through four. Maybe I’ll check out those others.
Cheers
California’s water supply headed for collapse in just one year; state has “no contingency plan” – NASA scientist | |
Just as Sao Paulo, a city of 20 million people in Brasil, has reached the inevitable moment of a water supply collapse, the same tragic event isn’t far off for much of California.
A NASA scientist now warns that many of California’s water reservoirs will be depleted in a year: |
My favorite episodes are 8,9,10. As far as the flat earth I am in the same camp as you….but there are many truths hidden within the series that should make one question what one is taught to be the truth. There are ancient civilizations that go back hundreds of thousands of years, pyramids all over the world that our history chooses to ignore, giant human races, and yet those things are there for us to see if we have a receptive mind to the fact of their existence…..and yet our history does not go there and anyone that does go there is some kind of a nut case.
So I reject the flat earth concept but accept the dome concept when it limits or restricts our view of past history beyond what we are supposed to or allowed to know. It has always been a mystery why they do not want us to know our earths ancient history. What do they have to hide?? All The Best, Silverngold
…Or, as my cynical friend used to say:
“It’s always darkest just before it goes completely black!”
Wanka: Nice curves on that meat! 🙂
Interesting theory. I have a question. The circumference of Antarctica is around 18,000 kilometers. The circumference of that flat earth map would be many multiples of that. On that fact alone I have to say Bunkum!
There are 10 parts to this presentation. I have only watched three of them so far but, as I said, the presentation is very thought provoking and opens the eyes and mind to possibilities I had not considered. I intend to watch the entire series before passing judgment on the content. What turned me off in the past was the name “FLAT EARTH”, but I am realizing that name only references a “flat brain” that has been brainwashed to not look beyond what it is meant to see.
Here is part one. I’d encourage you to use the right sidebar to find parts 2-10 and expand your mind beyond the limits that have been imposed upon us. It is a fascinating journey to take on this Sunday, our day of rest. All The Best, and please let me know what you think!! Silverngold
It’s your accent that gives you away. 😉