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Syrian envoy to Cyprus defects
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Page 4: Opinion
13 22:29 European Conservative [6473] 
5 14:43 rjschwarz [6460] 
Page 1: WoT Operations
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Page 2: WoT Background
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Page 3: Non-WoT
9 19:27 lord garth [6472]
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5 16:23 swksvolFF [6460]
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10 23:01 Procopius2k [6473]
Page 6: Politix
9 18:47 swksvolFF [6474]
Europe is sleepwalking towards imminent disaster
h/t Gates of Vienna
The euro has completely broken down as a workable system and faces collapse with “incalculable economic losses and human suffering” unless there is a drastic change of course, according to a group of leading economists.
Posted by: g(r)omgoru || 07/26/2012 03:31 || Comments || Link || E-Mail|| [6473 views] Top|| File under:

#1  They are not the only ones. GM might go bankrupt. Profit for Ford dropped 57% to 1 billion. New home sales down 8.4%. The little boy has no extra fingers to plug all the leaks in the dike and the water is up to his chest. I have avoided the news on this subject. It has been too much negativity and nothing has changed. The economists have been the willing slaves of the politicians. Like the weather, they (politicians) do as they please.
Posted by: Dale || 07/26/2012 6:42 Comments || Top||

Not Norway
Posted by: Dale || 07/26/2012 6:49 Comments || Top||

#3  Norway is basically the Kuwait of Europe. As long as Statoil (the Norge Oil combine) controls the North Sea pipeline heads, Norway will show positive balance of trade with the other Euro countries. 'Cause they're still pumpin' that Brent crude.
Posted by: ed in texas || 07/26/2012 7:32 Comments || Top||

#4  A very interesting article from Dale's post.

Posted by: Besoeker || 07/26/2012 7:47 Comments || Top||

#5  They're not sleepwalking anymore than the administration at Penn State. They know what the real problem is and are unwilling to face it because it means a loss of 'power', damn everything else.
Posted by: Procopius2k || 07/26/2012 8:49 Comments || Top||

#6  A trade surplus is not that good either. It means you've done stuff for people and they've promised at some point to do something for you...
Posted by: Bright Pebbles || 07/26/2012 8:58 Comments || Top||

#7  Besoeker. Norway central bank should urgently raise the reserve requirement, before Norway suffers from a credit bubble.
Posted by: Bright Pebbles || 07/26/2012 9:01 Comments || Top||

#8  "The euro has completely broken down as a workable system and faces collapse with "incalculable economic losses and human suffering" unless there is a drastic change of course, according to a group of leading economists. "

So finally - when the global financial system is about to fall off a precipice - a bunch of economists actually get the right message? These folks should quit and take jobs as corner fortune tellers - they have a better track record with future predictions.
Posted by: Raider || 07/26/2012 13:09 Comments || Top||

#9  The banks are stable in Sweden and Norway and German money is fleeing to these banks? Interesting. Sweden is socialistic and they have immigration problems. Taxes are high. I don't know about Norway.

Are the Swedish and Norwegian banks independent of the government? Maybe they don't have a Bernanke and the Fed.
Posted by: JohnQC || 07/26/2012 14:55 Comments || Top||

#10  I think P2K may be closest to a snap summary I'm afraid we will find out.

Some hand came out today I guess and said they would save the euro by any means necessary, or something to that effect. Seems I disagree with the market trend, knowing that sometimes that phrase does not necessarily mean kittens drinking strawberry milk.
Posted by: swksvolFF || 07/26/2012 18:51 Comments || Top||

#11  Sweden and Norway are brothers as they say in Norway. Norway is socialist also and has been very active with the world bank for years. New home construction and other positive economic news. They just shutdown a solar power effort that was a loser. Cruse industry is down also.
Posted by: Dale || 07/26/2012 19:22 Comments || Top||

#12  Sweden might be socialist but they scaled back big in the last decade or so from what i understand.
Posted by: Rjschwarz || 07/26/2012 21:06 Comments || Top||

#13  My take is that the euro will not collapse. The ECB will buy everything and things will be sorted out by inflation.
Posted by: European Conservative || 07/26/2012 22:29 Comments || Top||

Home Front: Culture Wars
An open letter to Christopher Nolan, Sean Penn and Warner Brothers
Posted by: Glinesh Craling7938 || 07/26/2012 00:00 || Comments || Link || E-Mail|| [6460 views] Top|| File under:

#1  Tactics, gentlemen, tactics.

You and your crowd all too often are in the spotlight to rip the 2d Amendment rights of your fellow citizens. Be prepared to have your 1st Amendment rights so 'restricted' as well for without the 2d, there'll be no 1st.
Posted by: Procopius2k || 07/26/2012 8:33 Comments || Top||

#2  Glamorizing mayhem on the silver screen holds little allure for those have survived the real deal, or scraped someone eles's intestines from their protective eyewear and body armor. Strange is it not, the things which we willingly fill our minds?
Posted by: Besoeker || 07/26/2012 9:17 Comments || Top||

#3  Well, sadomasochism sold well in Rome even before the ornate and august coliseums were constructed. Hollyweird just keeps ratcheting up what sells and what is in demand. They sell effects and imagery, not story. Orwell left out keeping the Proles sedated with just sex and alcohol by not including violent entertainment.
Posted by: Procopius2k || 07/26/2012 9:36 Comments || Top||

#4  I do not agree. Someone goes goofy like that, they will find the inspiration.

That being said, I also totally agree. Nobody really cares what the guy from...what was that movie, not the one where he rapes the Vietnamese gal, the movie before, so long ago.

Ultraviolence as entertainment is as old as entertainment. And whoever that dumbstick was who thinks we need a Minority Report type police force, did you see the danged movie, it was about not having trial-less pre-crime arrests you kdh#shi dolt.

A firearm is a tool, and like a specolli boat, is only as good or as bad as the person using it.

Would it be somehow better if carrotblot had dressed as an UmpaLoompa wearing a hockey mask and sporting a chainsaw?
Posted by: swksvolFF || 07/26/2012 10:38 Comments || Top||

#5  Blaming movies misses the mark and its as bad as blaming the teaparty in my opinion.

We've raised a generation or two of egotists so when they go crazy they make a scene. Movies have little to do with it. Crazy is crazy.

Better off finding a way to spot those in need.
Posted by: rjschwarz || 07/26/2012 14:43 Comments || Top||

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Two weeks of WOT
Thu 2012-07-26
  Syrian envoy to Cyprus defects
Wed 2012-07-25
  Syrian forces attack mosque, kill 30
Tue 2012-07-24
  Syrian Army Retakes Most of Damascus
Mon 2012-07-23
  23 wounded in Iraq car bombing
Sun 2012-07-22
  Pencilneck may use chemical weapons against rebels
Sat 2012-07-21
  Islamic Jihad Leadership Abandons Syria For Iran
Fri 2012-07-20
  Syria Rebels Take 'All Iraq Border Points'
Thu 2012-07-19
  Pencilneck runs away to Latakia
Wed 2012-07-18
  Two Buses With 40 Israeli Tourists Blown Up At Bulgarian Airport
Tue 2012-07-17
  Blast kills MP in Mogadishu, Militants claim responsibility
Mon 2012-07-16
  US Ship Fires on Boat off Dubai, 1 Dead
Sun 2012-07-15
  At Least 83 Killed across Syria
Sat 2012-07-14
  NDS Chief Among Bombing Victims at Afghan Wedding
Fri 2012-07-13
  Defected Syrian Ambassador Calls on Countrymen to Join Him
Thu 2012-07-12
  Sudan university students hold major protest: Witness

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