Category: Capitalism

Laughing as you sink!

John Clarke and Bryan Dawe on the million dollar questions – courtesy of the Australian Broadcasting Corporation

This sketch is doing the rounds and deservedly so – it’s a very funny skit on Europe’s troubling financial situation.

As ex-Prime Minister, Margaret Thatcher, is reputed to have quoted, “The problem with socialism is eventually you run out of other peoples money.

By Paul Handover

Watch, and learn, Part Three

Growth is good?  Good for what?

We live on a finite Earth.  But really understanding what that means is difficult.  I guess because most of us think that in our own little way we can’t really be doing any harm to the planet – I mean what’s another few grams of CO2?

Al Bartlet, University of Colorado

Well here’s Dr Albert Bartlett of the Department of Physics at the University of Colorado chatting about arithmetic!  And if you go to his website, you will come across this quote on the home page:

“Can you think of any problem in any area of human endeavor on any scale, from microscopic to global, whose long-term solution is in any demonstrable way aided, assisted, or advanced by further increases in population, locally, nationally, or globally?”

Want to sit in on his famous lecture, “Arithmetic, Population and Energy: Sustainability 101”?  Well you can.

The lecture is broken down into 8 10-minute videos, each of them on YouTube.  The first two instalments are here , Part Three and Four here and Parts Five and Six in this post. The concluding two parts are tomorrow.
Part Five

Part Six

By Paul Handover

Watch, and learn, Part Two

Growth is good?  Good for what?

We live on a finite Earth.  But really understanding what that means is difficult.  I guess because most of us think that in our own little way we can’t really be doing any harm to the planet – I mean what’s another few grams of CO2?

Al Bartlet, University of Colorado

Well here’s Dr Albert Bartlett of the Department of Physics at the University of Colorado chatting about arithmetic!  And if you go to his website, you will come across this quote on the home page:

“Can you think of any problem in any area of human endeavor on any scale, from microscopic to global, whose long-term solution is in any demonstrable way aided, assisted, or advanced by further increases in population, locally, nationally, or globally?”

Want to sit in on his famous lecture, “Arithmetic, Population and Energy: Sustainability 101”?  Well you can.

The lecture is broken down into 8 10-minute videos, each of them on YouTube.  The first two instalments are here with Part Three and Four in this post. The remaining four parts over the next two days.

Part Three

Part Four

By Paul Handover

Watch, and learn about growth!

Growth is good?  Good for what?

We live on a finite Earth.  But really understanding what that means is difficult.  I guess because most of us think that in our own little way we can’t really be doing any harm to the planet – I mean what’s another few grams of CO2?

Al Bartlet, University of Colorado

Well here’s Dr Albert Bartlett of the Department of Physics at the University of Colorado chatting about arithmetic!  And if you go to his website, you will come across this quote on the home page:

“Can you think of any problem in any area of human endeavor on any scale, from microscopic to global, whose long-term solution is in any demonstrable way aided, assisted, or advanced by further increases in population, locally, nationally, or globally?”

Want to sit in on his famous lecture, “Arithmetic, Population and Energy: Sustainability 101”?  Well you can.

The lecture is broken down into 8 10-minute videos, each of them on YouTube.  The first two instalments are in this post with each of the following three days having the next two.

Part One

Part Two

By Paul Handover

A Government Motors IPO?

Alice in Wonderland?

Does anyone else see how perverted this story is?  A company which is 60% owned by the U.S. Treasury, in other words, 60% owned by taxpayers — not voluntary shareholders, but TAXPAYERS, has hired a private investment banking company to take the company public.

That is, to be sold to public stockholders.  For a profit.  Which is going to be distributed to whom?  The government.  Who took the company over by edict, essentially by force, ignoring lawfully binding financial contracts in the process.  Oh, yes, technically G.M. went through a “banktuptcy,” but when one of the two involved parties is the federal government — the one who makes up the rules of the game — then it isn’t a game anymore.  It’s “do it, or else!”

GM Headquarters

Absolutely unbelievable.  This IPO should not be happening.  The bailout should not have happened. None of this should have happened.  If the company cannot generate a profit in the marketplace, then it should go bankrupt and its resources freed up to be used where they are most valued by the marketplace.

by Sherry Jarrell