-->
Just returned from church and able to see rest
by usa1776usa
Mitt Romney supporters are in the blogosphere renewing their threats against conservatives
by sunshinek67
Really?
by jonnymadison (Diary)
Oh, I see what you are doing
by jonnymadison (Diary)
Oh, I see what you are doing
by jonnymadison (Diary)
Ditto, redmymind, on Perry's humility.
by westcoastpatriette (Diary)
Hey jonnymadison...
by mbecker908 (Diary)
Circlegranch, I believe...
by romansdaughter
Shorter link to Perry Iowa Christian article on the Forum
by tricianc
txpat thanks for the heads up
by 1bunny
Is there anyway to communicate with the campaigns?
by gracie (Diary)
Well for me it's Good Afternoon, Redmymind
by romansdaughter
Could be..but it's too soon yet..
by gawken (Diary)
Next93, could you point out where....
by gekster (Diary)
Anita Perry
by txpat
Good morning, Cheetah2 and romansdaughter . . .
by redmymind
Was once at a town hall forum with a senator
by jout99
Iowa newspaper article
by 1bunny
You provided no support for your claim that no US wars since WWII met just war criteria as I recall. Can't find your other comment. Sorry for
by Mike gamecock DeVine (Diary)
Yes, Cain did say...
by romansdaughter
Most of the problems with insurance
by jout99
That $500
by neoavatara (Diary)
No I didn't
by jonnymadison (Diary)
Dictionary
by devereaux
Yes, all animals (an appropriate description) are equal
by throwback59
Agreed, nathanalbright . . . "Yes" or "No" . . .
by redmymind
Also, that many existing governments are more akin to mobsters, gangs
by Mike gamecock DeVine (Diary)
Grudem re The Bible and overthrowing existing govt or
by Mike gamecock DeVine (Diary)
I'm willing to purchase
by DerKrieger (Diary)
Romney just got Ayotte's endorsement
by tngal (Diary)
devereaux, Rick Perry is the man above all men
by texasroots
personal property vs private property...
by macbookben
devereaux, you used to know better than...
by acat (Diary)
Agree! These liberal media run debates have cultivated a rapid fire hostile environment pitting candidates
by sunshinek67
Rick Perry
by devereaux
Hey, that is so neat!
by romansdaughter
I don't know why people like you
by NightTwister (Diary)
Good Show, RS!
by lovethemiddle
Perry in-state tuition debate
by izoneguy (Diary)
Gingrich publishes baggage page and addresses each
by Common_Cents (Diary)
Hullabaloo
Thursday, November 17, 2011
For thee but not for me
by digby
Love this headline:Widening Split in Europe on the Virtue of Austerity
Gosh I wonder why?Throughout Europe’s long debt crisis, Germany has prescribed the same strong remedy to its troubled neighbors: a stiff dose of fiscal discipline.
As long as the patients were southern European countries like Greece and Italy, seen as victims of an unhealthy lifestyle, northern-tier nations like France, Austria and the Netherlands have been willing to go along with Germany’s prescriptions for reducing debt in the name of economic health. And they were willing to support Germany’s insistence that the European Central Bank not be a lender of last resort to indebted governments by actively buying their bonds.
But suddenly, as investors’ fears mount that many euro area nations are about to tip into recession, even countries like creditworthy France are finding it much more expensive to borrow money in the open market. And with that development comes a dawning realization: that austerity, rather than making it easier for them to pay down their higher debts, could make it harder — and more expensive.
Yeah. Austerity's great if you aren't the one suffering.
It's not the same situation here but the lesson is the same. Austerity is very likely to dampen any hope of a robust recovery and make it that much harder to pay down the deficit everyone is allegedly so concerned about. I suppose if they get really hardcore they can withdraw the funds for such safety net programs as unemployment food stamps and Medicaid, but society will pay in other ways. Homelessness, crime, ill health, crushing personal debt, creating a generation of people who've never known any financial security have costs too. I'm sure they fit somewhere else on the national accounting spreadsheet but they are costs nonetheless.
All these people droning on about saving the grandkids and thinking about the long term are actually gorging on America's seed corn. And they're not even hungry.
Update: Here's a piece on how it's (not) working in the UK.
.
digby 11/17/2011 09:39:00 AM
|
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Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report
Your daily cup of orange and blue coffee. Horse Tracks!
Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>
A recap of Day 4 of the PokerStars.com European Poker Tour Loutraki Main Event where the final table is set and Zimnan Ziyard leads the way.
2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>Transfer <b>news</b>, rumours and gossip from Saturday's papers: Milan <b>...</b>
Milan rivals to battle for Tevez, Porto defender hints at Chelsea switch and Aquilani eyes permanent Serie A switch.
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Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report
Your daily cup of orange and blue coffee. Horse Tracks!
Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>
A recap of Day 4 of the PokerStars.com European Poker Tour Loutraki Main Event where the final table is set and Zimnan Ziyard leads the way.
2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>Transfer <b>news</b>, rumours and gossip from Saturday's papers: Milan <b>...</b>
Milan rivals to battle for Tevez, Porto defender hints at Chelsea switch and Aquilani eyes permanent Serie A switch.
Transfer <b>news</b>, rumours and gossip from Saturday's papers: Milan <b>...</b>-->
Just returned from church and able to see rest
by usa1776usa
Mitt Romney supporters are in the blogosphere renewing their threats against conservatives
by sunshinek67
Really?
by jonnymadison (Diary)
Oh, I see what you are doing
by jonnymadison (Diary)
Oh, I see what you are doing
by jonnymadison (Diary)
Ditto, redmymind, on Perry's humility.
by westcoastpatriette (Diary)
Hey jonnymadison...
by mbecker908 (Diary)
Circlegranch, I believe...
by romansdaughter
Shorter link to Perry Iowa Christian article on the Forum
by tricianc
txpat thanks for the heads up
by 1bunny
Is there anyway to communicate with the campaigns?
by gracie (Diary)
Well for me it's Good Afternoon, Redmymind
by romansdaughter
Could be..but it's too soon yet..
by gawken (Diary)
Next93, could you point out where....
by gekster (Diary)
Anita Perry
by txpat
Good morning, Cheetah2 and romansdaughter . . .
by redmymind
Was once at a town hall forum with a senator
by jout99
Iowa newspaper article
by 1bunny
You provided no support for your claim that no US wars since WWII met just war criteria as I recall. Can't find your other comment. Sorry for
by Mike gamecock DeVine (Diary)
Yes, Cain did say...
by romansdaughter
Most of the problems with insurance
by jout99
That $500
by neoavatara (Diary)
No I didn't
by jonnymadison (Diary)
Dictionary
by devereaux
Yes, all animals (an appropriate description) are equal
by throwback59
Agreed, nathanalbright . . . "Yes" or "No" . . .
by redmymind
Also, that many existing governments are more akin to mobsters, gangs
by Mike gamecock DeVine (Diary)
Grudem re The Bible and overthrowing existing govt or
by Mike gamecock DeVine (Diary)
I'm willing to purchase
by DerKrieger (Diary)
Romney just got Ayotte's endorsement
by tngal (Diary)
devereaux, Rick Perry is the man above all men
by texasroots
personal property vs private property...
by macbookben
devereaux, you used to know better than...
by acat (Diary)
Agree! These liberal media run debates have cultivated a rapid fire hostile environment pitting candidates
by sunshinek67
Rick Perry
by devereaux
Hey, that is so neat!
by romansdaughter
I don't know why people like you
by NightTwister (Diary)
Good Show, RS!
by lovethemiddle
Perry in-state tuition debate
by izoneguy (Diary)
Gingrich publishes baggage page and addresses each
by Common_Cents (Diary)
Hullabaloo
Thursday, November 17, 2011
For thee but not for me
by digby
Love this headline:Widening Split in Europe on the Virtue of Austerity
Gosh I wonder why?Throughout Europe’s long debt crisis, Germany has prescribed the same strong remedy to its troubled neighbors: a stiff dose of fiscal discipline.
As long as the patients were southern European countries like Greece and Italy, seen as victims of an unhealthy lifestyle, northern-tier nations like France, Austria and the Netherlands have been willing to go along with Germany’s prescriptions for reducing debt in the name of economic health. And they were willing to support Germany’s insistence that the European Central Bank not be a lender of last resort to indebted governments by actively buying their bonds.
But suddenly, as investors’ fears mount that many euro area nations are about to tip into recession, even countries like creditworthy France are finding it much more expensive to borrow money in the open market. And with that development comes a dawning realization: that austerity, rather than making it easier for them to pay down their higher debts, could make it harder — and more expensive.
Yeah. Austerity's great if you aren't the one suffering.
It's not the same situation here but the lesson is the same. Austerity is very likely to dampen any hope of a robust recovery and make it that much harder to pay down the deficit everyone is allegedly so concerned about. I suppose if they get really hardcore they can withdraw the funds for such safety net programs as unemployment food stamps and Medicaid, but society will pay in other ways. Homelessness, crime, ill health, crushing personal debt, creating a generation of people who've never known any financial security have costs too. I'm sure they fit somewhere else on the national accounting spreadsheet but they are costs nonetheless.
All these people droning on about saving the grandkids and thinking about the long term are actually gorging on America's seed corn. And they're not even hungry.
Update: Here's a piece on how it's (not) working in the UK.
.
digby 11/17/2011 09:39:00 AM
|
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Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report
Your daily cup of orange and blue coffee. Horse Tracks!
Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>
A recap of Day 4 of the PokerStars.com European Poker Tour Loutraki Main Event where the final table is set and Zimnan Ziyard leads the way.
2011 PokerStars.com European Poker Tour Loutraki Day 4: Ziyard <b>...</b>Transfer <b>news</b>, rumours and gossip from Saturday's papers: Milan <b>...</b>
Milan rivals to battle for Tevez, Porto defender hints at Chelsea switch and Aquilani eyes permanent Serie A switch.
Transfer <b>news</b>, rumours and gossip from Saturday's papers: Milan <b>...</b>
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