Monday, May 31, 2010

FDR's kind of upper class-landed, merchant

Just to give another view--
- Landed gentry- do nothing for their money, just collect rents from farmers , unlike industrialists who create a manufacturing business, or financiers who identify promising businesses and risk their capital investing in them them.

- Merchant seafarers - liberals today would call them 'globalizers', buying goods for very low prices where labor is very cheap and selling them for huge profits elsewhere.

in reference to:

"Both the Roosevelts and the Delanos were prosperous merchant families who had derived much of their fortunes from seafaring. As a landowner with a Hudson River estate, a man from a family that moved easily in the Edith Wharton universe of Knickerbocker society, Roosevelt approached economic problems with different preconceptions from those of the industrialist or the financier on the make."
- The FDR Years: On Roosevelt and His Legacy (view on Google Sidewiki)

The press loved FDR

He was skillful handling them, practiced Dale Carnegie techniques to get them on his side, genuinely good to them in giving them stories.

If reporters were 60 percent for the New Deal, Clapper reckoned, they were 90 percent for Roosevelt personally.[36]

Nothing wrong with what he did, but the result was far from an adversarial relationship with power that the press today says is proper.

in reference to: The FDR Years: On Roosevelt and His Legacy (view on Google Sidewiki)

Conservative George Will on FDR:

Key quality was optimism.

in reference to:

"On the centennial of FDR's birth, George Will wrote: Anyone who contemplates this century without shivering probably does not understand what is going on. But Franklin Roosevelt was, an aide said, like the fairy-tale prince who did not know how to shiver. Something was missing in FDR. ...But what FDR lacked made him great. He lacked the capacity even to imagine that things might end up badly."
- The FDR Years: On Roosevelt and His Legacy (view on Google Sidewiki)

Thursday, May 27, 2010

Lethal force justified to preserve law and order

OAS body raises concerns over Jamaica as death toll rises -

"Case law of the Inter-American System of Human Rights has made it clear that agents of the State have the obligation to enforce the law and maintain order even when the process involves, in some cases, death or bodily injury as a result of the proportional use of force.

"Furthermore, the force used must not be excessive. When excessive force is used, personal integrity is not respected, and all loss of life that results is arbitrary. The IACHR urges the State of Jamaica to adopt all necessary measures to guarantee the right to life, integrity, and security of all persons."

Wednesday, May 26, 2010

can a country or region ignore the markets

As long as you are in a separate country from the Greeks or French.
If you are in the same country, the majority can vote to take your money for their own use. Watch out for 'ever closer union'.

in reference to:

"In the long term, you cannot operate against the markets (because you need their money), they just evaluate how you work and then decide whether tehy should trust you with their investment."
- The euro crisis: Europe's 750 billion euro bazooka | The Economist (view on Google Sidewiki)

The euro crisis: Europe's 750 billion euro bazooka | The Economist

The euro crisis: Europe's 750 billion euro bazooka | The Economist

eutonicus wrote:
May 10th 2010 4:44 GMT

Marie Claude:

- Chère amie:

1. I like France and I am a big fan if the German-French "axis" (part of my family is french). But in some policy fields, we simply disagree - first and foremost economic policy. And as long a France doesn't deliver significantly better results than e.g. Germany (and it never has), we will rather follow our own model than yours.

2. "Self-centered" are a) those who live beyond their means and expect those who don't to subsidy them and, worse, b) those countries that join a Union, break the rules on purpose and in the end expect those whose trust they broke to bail them out.

3. So France has more "the sense of the world realities than Germany"? Very funny! Where I live and work (in Poland, for a German company, btw), I don't even see French people -hardly ever in business, seldom as tourists. And this is the biggest Eastern market... .

France so far hasn't been able to enact ANY of the social and economic reforms Sarkozy has promised, all of which, by the way, fall well short of what the center-left (!) Schröder government has achieved in Germany. No wonder France's economy is continuously loosing ground on the world markets, while Germany (and teh Netherlands) are staying their ground.

French market share, globally: 3.5% German market share: around 9%. We really need to take lessons from you in getting "more sense of the world relities", indeed... .
So what's the French answer to the Asian threat? Just ignoring it?

4. The German contribution is the highest in the Eurozne (up to 145 out of 750 billion Euros), not the French.

5. I am by god no fan of Merkel, but without her insistence:

- the IWF would have been neither included in the bail-out package for Greece, not in all of teh future cases;

- the EU Commission would habe been entitled to grant the credits to those in need and in turn have the more solvent member states guarantee them - an absolute worst-case scenario, as the creditors could not even have decided whether to engage or not. On top of it, it would have been illeagal, as it contravenes the no.bail-out clause of Art. 125 (1) Lisbon Treaty. Now there will be (coordinated) bilateral credits, which gives the creditor countries authority over their assignment.

6. The solution now found, is as usual a compromise: the french + mediterraneans pushed through that a package of this extent was pushed through so quickly; the Germans+ Dutch, that the strict rules applied to Greece will also be applied to all future cases.

7. On a more general level, you should ask yourself why the markets do not consider French obligations, but German obligations as the benchmark (last week, France had trouble finding investors for a bonds, while money is streaming into Germans bonds, and the German interest is as low as never before)? Because investors don't like it when a country politicizes its economic decision, as the French always do with great pleasure. You guys would just have thrown large sums of money at Athens, without stricter regulation and without the imposition of tough reforms. That is the policy that brought the French Franc down in the 1980s (afterwards, it was effectively pegged to the Deutsche Mark).

8. "That's the beginning of an economic government of Europe" (Sarkozy, again)? Forget it, baby, that's not going to happen, not now, not ever. If you want to work 35 hours and ruin your competivity on the world markets, go ahead. We won't.

Tuesday, May 25, 2010

Straight Talk on the Verizon network.

I have Straight Talk on the Verizon network. Bought it at Walmart and it's an amazing deal. The Samsung Finesse is a very cool smartphone and paying only $45 a month for unlimited everything is the best deal going!

Who needs an iPhone? LOL!!

in reference to:

"I have Straight Talk on the Verizon network. Bought it at Walmart and it's an amazing deal. The Samsung Finesse is a very cool smartphone and paying only $45 a month for unlimited everything is the best deal going!Who needs an iPhone? LOL!!"
- Smart Shopping: Whose smartphone plans are cheapest? (view on Google Sidewiki)

Sunday, May 16, 2010

Krugman sidesteps Greek problem

Interesting article . He manages to say nothing bad about Greece, Europe, the Euro. The only bad things he says are the United States, George Bush, and especially Bush's tax cut.

He says vaguely that Greek costs and prices got far out of line. The cost of what? Olive oil? Or labor?

You don't have to be super-conservative to see that Greece shows that unions and government benefits CAN go too far.

in reference to:

"During the good years, when capital was flooding in, Greek costs and prices got far out of line with the rest of Europe. If Greece still had its own currency, it could restore competitiveness through devaluation"
- Op-Ed Columnist - We’re Not Greece - (view on Google Sidewiki)

Monday, May 3, 2010

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in reference to:

"ules and Asset ...Michigan Medicaid eligibility nursing home - Medicaid asset protection with ... Now, could any rational person argue that $149 is too much to pay to learn - Cached - Similar"
- michigan nursing home paying - Google Search (view on Google Sidewiki)