A visit to "Some Assembly Required"

Yes, it's time for a visit to "Some Assembly Required"  --  please follow link to original
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http://ckm3.blogspot.com/


Fourth Reich?: Chancellor Merkel has absolutely rejected joint debt sharing in the euro region, saying “under no circumstances” would she agree to German-backed euro bonds. Germany wants the creation of a European finance ministry with power over national budgets, and major new powers for the European Commission, European Parliament and European Court of Justice. That, and peace in our time.

 Three Part Disharmony: There are three separate issues are tangled up in the Eurozone crisis. They should be dealt with separately, not mashed together. First, Northern European bankers/investors loaned Greek politicians money knowing they had no way to pay it back. The banker/investors didn't care, they thought (correctly so far) they would be bailed out when Greece defaulted. The bailout of Northern banker/investors should be a Northern problem, not Greek one. Second, going forward, euro or non-euro, no sane person will lend Greece a drachma. That's a Greek problem and they should live with it. Thirdly, Greece & friends need to abandon the euro and let their wages and prices fall until they become competitive with their trading partners. How they can do this an not suffer a decade of depression is a Good Question.

 Egress: The American jobs crisis is the result of high corporate profits that the companies are afraid to use to expand their business and thus let tens of billions sit on their bottom lines. Corporate profits now account for significantly more than 10% of GDP: that’s never happened before. The way out of this bind is for the government to borrow a few hundred billion at 1.47% and use it to fix our broken infrastructure, to re-hire all those laid-off teachers and firefighters, and to provide some kind of safety net for the millions of Americans who have been out of work for more than a year. The nominal long-term return would be well over 1.47%, making the investment worthwhile.

 Good Idea: There's something called the precautionary principle, the idea that if an action or policy is potentially harmful to the public or the environment, the burden of proof is on those taking the action, not those who would oppose it. Seems like a good policy for a government whose primary goal is the protection of the life and property of its citizens. Maybe we should try it.

Camouflage: Looking at the sad statistics that describe Americans, you would think we were a nation of violent, intolerant, ignorant, superstitious, passive, shallow, boorish, selfish, unhealthy, unhappy people. But that's just on average.
 
At The Army – Navy Store: The military's National Reconnaissance Office secretly developed and built two space telescopes more powerful than NASA's Hubble – but never deployed them, having more fun spying on earth than staring off into space. Cut the Pentagon's budget? You wouldn't dare.

Quacks Like A Duck: Romney's tax plan would save The Mitten about $5 million a year in taxes. Your mileage may vary.

"Unfettered, unregulated capitalism...turns everything into a commodity, human beings become commodities, the natural world becomes a commodity, that it exploits until exhaustion or collapse. In essence it cannibalizes itself, and this is the process that we are undergoing." Chris Hedges
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There's a lot more  --  please go there - read!