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2012-05-10 Europe

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Posted by tipper 2012-05-10 02:57|| || Front Page|| [3 views ] Top

#1 "Austerity" has been redefined. It means "not increasing spending as much as the best & brightest think ought to happen." It definitely does NOT mean cutting government spending back to a level below that of the previous 12 months.
From the article: No less than the very sovereignty and liberty of free peoples everywhere depends on rejection of the international order that has evolved since the end of World War II. The central banking cartel and their willing political accomplices are pushing us into an international tyranny run on debt. Author does have a point. However, changing that order will be very painful, even AUSTERE. And that's not popular anywhere. The people are rejecting the rotting corpse of the established order. Only a few, very few at that.

Posted by Anguper Hupomosing9418 2012-05-10 03:48|| 2012-05-10 03:48|| Front Page Top

#2 Zerohedge again.

Posted by gromky 2012-05-10 04:26|| 2012-05-10 04:26|| Front Page Top

#3 The future is a world full of Argentinas.

Posted by phil_b 2012-05-10 04:36|| 2012-05-10 04:36|| Front Page Top

#4 Zerohedge again.

You have a problem with Zerohedge?

Posted by Secret Asian Man 2012-05-10 05:17|| 2012-05-10 05:17|| Front Page Top

#5 The only way out is one proposed by Charles Murray years ago.

Either cut the number of government employees by 40% or keep them all but cut all of their paychecks by 40% and to hell with the consequences to their standard of living. If they riot, incarcerate them or do whatever else is necessary to keep the peace.

America will be saved when the boomtown suburbs of D.C. fouled as they are with lawyers, lobbyists, and regulators, are reduced to impoverished ghost towns.

Posted by no mo uro 2012-05-10 07:59|| 2012-05-10 07:59|| Front Page Top

#6 We are not immune here in the U.S. In fact, we are leading the movement. From Tea Party in 2009 and 2010 to Occupy in 2011 to May 8s overwhelming defeat of a senior establishment figure like Richard Lugar in Indiana, the people are rejecting the rotting corpse of the established order.

Amen and amen! I noted Lugar's bitter comments on the teevee last evening. Evidently 40+ years supping at the public trough wasn't enough for the greedy bastard!

Posted by Besoeker 2012-05-10 08:09|| 2012-05-10 08:09|| Front Page Top

#7 I would have labeled Lugar a "superannuated political figure" rather than a "senior establishment figure." He's been long past his "sell by" date.
"Rotting corpses" are still getting plenty of support. Cases in point:

New Rochelle, NY - Cash-Strapped NY Town Cancels July 4 Fireworks Oh, the horror!

Traverse City, Michigan -- City firefighters washed the city's budget hearing with yellow-clad supporters, some of whom called for tax increases to save the jobs of Traverse City's emergency responders threatened by budget cuts..."I'm a retired teacher,"... said Mary Anderson... "I will pay whatever you need to help pay for it." ...said Carol Tompkins-Parker, whose father was a city firefighter. "I will support the Traverse City Fire Department any way I can, I will pay more taxes," she said.

Whistles, whoops and honking cars marked unionized labor's picketing of Milpitas City Hall Tuesday evening. Paul Mullett, a union representative for public works employees, said his group gathered 700 signatures from the public in support of preserving their jobs instead of contracting to less expensive workers.
"I would say 99 percent do not want us to outsource the parks or the streets," Mullett said.

Anyone can find dozens of news items like these on any given day. When items like these stop being reported with a straight face, it might be a sign people are rejecting the status quo.

Posted by Anguper Hupomosing9418 2012-05-10 12:23|| 2012-05-10 12:23|| Front Page Top

#8 Yeah. Lugar was a traditional democrat in sheeps clothing. He sucks.

As for Austerity, it has never been tried. You can't cut shit from government - that's what this whole thing is about.

It's called cut government or it will die anyways.

Posted by newc 2012-05-10 13:03|| 2012-05-10 13:03|| Front Page Top

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