Yes, the syntax does look cleaner. I wish the documentation was a little better, but hey, beggars can't be choosers :-)
285 karma · joined October 23, 2010
Check out this article on mobilization and money: http://neweconomicperspectives.org/2013/08/mobilization-and-... no other governments buying our bonds were needed. Nor are they needed now.
As for replacing the US dollar with something else as world currency reserve, Mike Norman gives his views: http://www.youtube.com/watch?v=m5fTV4bGO0w
“I have heard the argument that transparency would undermine the Trade Representative’s policy to complete the trade agreement because public opposition would be significant,” Warren explained. “In other words, if people knew what was going on, they would stop it. This argument is exactly backwards. If transparency would lead to widespread public opposition to a trade agreement, then that trade agreement should not be the policy of the United States.”
watch her here: https://www.youtube.com/watch?&v=kAgJaIwdXLI
democracynow has more info out yesterday: http://www.youtube.com/watch?v=CS-x5SlcPPM
there is 0% chance that the US will be forced to default on the debt.
We could choose to do so, just as a person trapped in a warehouse full of food could choose to starve, but we could never be forced to. This is not a theory or conjecture, it is cold, hard fact.
http://www.forbes.com/sites/johntharvey/2012/09/10/impossibl...
The US needs to run larger deficits until we are at full employment. A simple way to do that is to eliminate the payroll tax both on employer and employee side. This will stimulate demand, and demand is the name of the game in this era of high productivity.
if you're a debt/deficit hawk, please read this: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Warren and Stephanie Kelton on "governments are not households": http://www.youtube.com/watch?v=ba8XdDqZ-Jg
current "net financial assets" (national debt) are not sufficient for our current level of productivity as evidenced by our unemployment rate.
def topx(str,x)
c = Hash.new(0)
str.split(/\s+/).each { |s| c[s] += 1 }
c.sort_by {|k,v| -v}.take(x)
end"we're broke" thinking is what causes the http://www.lostoutputclock.com/ to keep on turning, and that lost output is the health and welfare of our citizens.
Austerity mindset has had catastrophic results in Europe, and it starts with the assertion that "we're broke" or "we can't afford it", both of which are completely untrue as far as the U.S. is concerned.
Lookup: "William Binney" former NSA official. he says the NSA intercepts most American email communications.
concluding paragraph makes so much sense:
"More than five decades ago, Abba Lerner gave the answer to this question. If there are involuntarily unemployed (we would add underemployed) people it means the deficit is too low. The government should either cut taxes or increase spending. It is certainly debatable which one is a better policy, but that’s beyond the scope of this paper. When is the deficit too large? When it’s over 3%, 7%, 10%? Again, there is no magic number and anyone who comes up with a universal number simply misunderstands the modern monetary regime and macroeconomics. In opposition to magic, Lerner proposed “functional finance”—the notion that the federal government’s budgetary outcome is of no consequence by itself, but rather, what is important is the economic effects of government spending and taxing. When total spending in the economy, including government spending, is more than what the economy is able to produce when employed at full capacity, the government should either lower its spending or raise taxes. A failure to do so will lead to inflation. So inflation is the true limit to government spending not lack of financing. Government debt is merely the result of government deficit and hence the same applies to debt as well."
Lots of g+ is hidden of course because people don't post everything publicly. I like g+ much better than facebook and wish my non geeky friends and family would come over to it.
what makes this even more annoying is that chrome makes it easy to create an application shortcut, so you can have a window that is just an online editor: so awesome! but it can't work with your keybindings! how do they say: oh snap!
so close, yet so far away.
Hastebin is cool, but wish it could be keyboard only on chrome and ctrl-n/ctrl-t are the perfect shortcuts.