a little bit of this, a little bit of that, a little more of …

Just another WordPress.com site

‘Message of the Day’

1.

.

May 14, 2014 Posted by | Uncategorized | , , , | Leave a comment

Roscoe Bartlett (R-MD) – GOP Moron of the Day’

Via: TPM

Rep. Roscoe Bartlett (R-MD) says he supports student loans, so America’s youth can get a good education.
BUT, the government getting involved in education, he believes, puts the country on a slippery slope that could lead to, say, something like the Holocaust.

At a town hall event at a college in Maryland on Wednesday, Bartlett said he could not find “a shred of evidence” in the Constitution that the government should be involved in education.

It’s “certainly a good idea” to give students loans, Bartlett said in a video posted by the Washington Post.

“But if you can ignore the Constitution to do something good today, tomorrow you will be ignoring the Constitution to do something bad,” he explained. You could. There are more people in our, in America today of German ancestry than any other

The Holocaust that occurred in Germanyhow in the heck could that happen?

And when you start down the wrong road, it can be a very slippery slope.”

~

Read more, HERE:

http://2012.talkingpointsmemo.com/2012/09/bartlett-student-loans-holocaust.php

***

Preamble to the United States Constition:

‘We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.’

.

September 7, 2012 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Willy Ronis – Image Gallery

Via: Facie Populi

Erfurt, 1960

~

You can see more photos, HERE:

http://www.faciepopuli.com/tagged/Willy+Ronis

 

===============

Willy Ronis (August 14, 1910 – September 12, 2009) was a French photographer, the best-known of whose work shows life in post-war Paris and Provence.

Read more, HERE:

http://en.wikipedia.org/wiki/Willy_Ronis

September 2, 2012 Posted by | Uncategorized | , , , , | Leave a comment

Germany outraged by Italian newspaper’s ‘Fourth Reich’ headline

Via: Raw Story

German politicians have reacted furiously to this front page in the Italian daily Il Giornale with its headline “Fourth Reich” above a picture of Chancellor Angela Merkel raising her hand in a vaguely fascist salute.

The paper is owned by the brother of Italy’s former prime minister, Silvio Berlusconi, and the article – published on Friday – was written by its editor-in-chief, Alessandro Sallusti.

It says: “Since yesterday, Italy is no longer in Europe, it is in the Fourth Reich.” It argues that Germany has won while Italy, Europe and the euro have lost. It blames Merkel for failing to allow the European central bank to assist the Italian economy.

Il Giornale has been at the centre of controversy with Germany before. Two months ago, after Italy beat Germany in the Euro 2012 football semi-final, the paper published a picture of Merkel under the headline “Ciao, ciao culona” (Bye bye lard arse).

The paper has also laid into Italy’s prime minister Mario Monti – who replaced Berlusconi – for not doing enough to stand up to Germany. It compared him to the appeasing British prime minister Neville Chamberlain who declared in 1938 he had “secured peace in our time” after meeting Adolf Hitler.

http://www.rawstory.com/rs/2012/08/07/germany-outraged-by-italian-newspapers-fourth-reich-headline/

.

August 8, 2012 Posted by | Uncategorized | , , , , , , , | Leave a comment

The Man Who Didn’t Salute Hitler (1936)

Via: All That Is Interesting

Joining the Nazi party purely in hopes of finding a job, German August Landmasser was eventually sentenced to two years at a labor camp for falling in love with a Jewish woman whom he tried to marry.

Love overrode the anti-semitism that swept throughout the country, though it wasn’t strong enough to save his would-be bride Irma Eckler.

Like so many others, Eckler’s life came to a tragic and premature end at a death camp.

http://all-that-is-interesting.com/

.

July 22, 2012 Posted by | Uncategorized | , , , , | Leave a comment

Berlin – Image Gallery

Via: First Time User

“Sinful Berlin – The Twenties: Sex, noise, doom,” (book title)

“Sündiges Berlin – Die zwanziger Jahre: Sex, Rausch, Untergang”

~~~

See more photos, HERE:

http://firsttimeuser.tumblr.com/tagged/Berlin

.

July 13, 2012 Posted by | Uncategorized | , , , , | Leave a comment

Euro ‘Is A Bloody Doomsday Machine,’ Mark Blythe, Brown University, Economics Professor Says

Via: Huffington Post

The unthinkable suddenly looks possible.

Bankers, governments and investors are preparing for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system.

The worst case envisions governments defaulting on their debts, a run on European banks and a worldwide credit crunch reminiscent of the financial crisis in the fall of 2008.

A Greek election on Sunday will determine whether it happens. Syriza, a party opposed to the restrictions placed on Greece in exchange for a bailout from European neighbors, could do well.

If Syriza gains power and rejects the terms of the bailout, Greece could lose its lifeline, default on its debt and decide that it must print its own currency, the drachma, to stay afloat.

No one is sure how that would work because there is no mechanism in the European Union charter for a country’s leaving the euro. In the meantime, banks and investors have sketched out the ripple effects.

They think the path of a full-blown crisis would start in Greece, quickly move to the rest of Europe and then hit the U.S. Stocks and oil would plunge, the euro would sink against the U.S. dollar, and big banks would suffer losses on complex trades.

***

You can, and I suggest you do; read Act 1, 2, and 3, HERE:

http://www.huffingtonpost.com/2012/06/15/euro-bloody-doomsday-machine_n_1599931.html?utm_hp_ref=business

***

personal thought:

If it turns not to be Greece; then it will be Spain, or Italy, or Portugal, or . . .

.

June 16, 2012 Posted by | Uncategorized | , , , , , , , , , | Leave a comment

Greece Still Going Broke, Now Faster And With More Broke-Ness

Via: Huffington Post

If you could rely on anything in the past couple of years, it is that Greece is always going broke. Now it turns out that Greece is going broke faster than almost anybody expected.

The Greek government is struggling to collect enough tax revenue to cover its immediate bills, the New York Times reported on Wednesday, leaving it about 1.7 billion euros shy of its budget goals. It may soon need to freeze government salaries and pensions, temporarily halt imports of food, fuel and medicine, or dip into cash intended to help Greece’s gutted banks, the Times writes.

This comes less than three months after Greece received the first installment of a new, 130 billion-euro bailout package in March. The hard-fought bailout agreement with Greece’s European rescuers involved excruciating belt-tightening that has helped make the country’s deep recession even worse. That tends to have a dampening effect on tax revenue, as the U.S. government can attest.

Austerity, in other words, is self-defeating, which is one reason the rest of the world is dragging Europe’s biggest austerity fan, Germany, toward policies that favor economic growth instead.

~~~

The world has recently grown weary of caring about Greece’s money problems and has instead turned its attention to the money problems of Spain, which yesterday warned it was at risk of being SHUT OUT of  the BOND MARKET and that its banks needed a multi-billion-euro bailout.

The European Central Bank this morning stood pat on taking any more action to help Europe right now, in what might be an effort to force European politicians to make some hard choices and hammer out a long-term solution. Greece, which will likely need more bailout money or risk falling out of the euro zone, may be back on the agenda sooner than policy makers think.

http://www.huffingtonpost.com/2012/06/06/greece-going-broke_n_1573865.html

***

***

personal thought:

“. . . what might be an effort to force European politicians to make some hard choices and hammer out a long-term solution”; well that’s great, and good for them.

But what IF, they/we have reached the ‘tipping point’, and there are NO long-term solutions, simply more half-ass, stop-gap fixes?

.

June 7, 2012 Posted by | Uncategorized | , , , , , , | Leave a comment

“Achtung Baby: Germany Is Riskier Than You Think”

Via: Huffington Post

While everybody’s rightly worried about Spain as the next likely victim of the European debt crisis, nobody’s thinking much about Germany. It could be in more trouble than we realize.

That’s the message of a presentation making the rounds Tuesday on Wall Street by Carmel Asset Management, a New York investment firm. Entitled Achtung Baby: Germany Is Riskier Than You Think,” the presentation points out that Germany has been the sponge soaking up Europe’s debt problems for more than two years now — and that it helped finance the debt booms in Greece, Spain and other peripheral European countries that led to the eventual bust. This is all bad news for Germany’s long-term financial health, Carmel warns.

“Periphery debt is now the Federal Republic of Germany’s problem,” Carmel writes in the presentation, which is available in full at the Zero Hedge blog.

Typically when Germany is mentioned in relation to the rest of the eurozone, it is the Debbie Downer who won’t let anybody do anything fun, like stimulate the economy or issue joint European bonds. Its fever for austerity has helped investors think of it as an uber-safe haven. That’s one reason its two-year debt yields recently turned negative: Investors are so desperate for Germany’s perceived safety that they’re willing to actually pay money to let the German government hold their money for safekeeping.

But Germany is not immune, Carmel warns. It is getting punished in four very specific, very awful ways:

– Germany’s central bank, the Bundesbank, has taken on the burden of some of the bad debts of struggling European countries, as a result of being the primary cash source for repeated eurozone bailouts.

– The Bundesbank is also suffering from the bad debts of German private banks that loaned to struggling countries.

– German banks that still have those bad debts on their books are suffering, too.

– Germany’s export-driven economy is taking a hit from the slowdown in trade accompanying Europe’s rolling financial crises and recessions.

~

Read more, HERE:

http://www.huffingtonpost.com/2012/06/05/germany-european-debt-crisis_n_1571464.html?ref=business

***

***

personal thought:

I can’t help think, sooner or later, there will be a ‘German Spring’; and the voters will demand their government stop bailing out their Southern neighbors.

Perhaps even a return to the ‘Deutsche Mark’?

.

June 6, 2012 Posted by | Uncategorized | , , , , | 2 Comments

(1 of 2) Euro – Here’s how it might play out – Paul Krugman

Via: New York Times

Some of us have been talking it over, and here’s what we think the end game looks like:

1. Greek euro exit, very possibly next month.

2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany.

3a. Maybe, just possibly, de facto controls, with banks forbidden to transfer deposits out of country and limits on cash withdrawals.

3b. Alternatively, or maybe in tandem, huge draws on ECB credit to keep the banks from collapsing.

4a. Germany has a choice. Accept huge indirect public claims on Italy and Spain, plus a drastic revision of strategy — basically, to give Spain in particular any hope you need both guarantees on its debt to hold borrowing costs down and a higher eurozone inflation target to make relative price adjustment possible; or:

4b. End of the euro.

And we’re talking about months, not years, for this to play out.

~

Read Krugman’s BLOG, here:

http://krugman.blogs.nytimes.com/

***

***

Paul Robin Krugman born February 28, 1953) is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times.

In 2008, Krugman won the Sveriges Riksbank Prize in Economic Sciences (informally the Nobel Prize in Economics) for his contributions to New Trade Theory and New Economic Geography. According to the Nobel Prize Committee, the prize was given for Krugman’s work explaining the patterns of international trade and the geographic concentration of wealth, by examining the impact of economies of scale and of consumer preferences for diverse goods and services.

Read more, HERE:

http://en.wikipedia.org/wiki/Paul_Krugman

***

personal thought:

Chicken Little was right, “The sky is falling! The sky is falling!”

.

May 14, 2012 Posted by | Uncategorized | , , , , , , , , , | Leave a comment