Promoting this video back to the front page; last published Monday, May 15th, 2006 9:01am PDT - promote requested by lurgee.

Promoting this video back to the front page; last published Tuesday, June 13th, 2006 1:39pm PDT - promote requested by ulysses1904.

Promoting this video back to the front page; last published Thursday, October 5th, 2006 2:27pm PDT - promote requested by dw1117.

I remember watching Hannah at the Raw Comedy comp in 2006 and knew she should win, and she rightly did.

A fantastic comedian and an all around good egg.

Promoting this video back to the front page; last published Saturday, September 9th, 2006 4:37pm PDT - promote requested by newtboy.

NEVAR!

I started coming here from link from Blue's News and finally signed up in the summer of 2006, so coming up on 12 years ago.

V'Sift fo' life, y0.

So wait....are you saying we should overlook numerous war crimes and international kidnapping because it was done in the name of fighting an enemy we created that never posed the threat we claimed he did, but was a dictatorial asshole that killed and tortured thousands (making it ok for us to emulate him), and ignore that our actions also killed hundreds of thousands and destabilized the middle east, creating Daesh, starting numerous civil wars, now disastrously effecting all Europe?


Yes, I think you're wrong. Only a hand full of soldiers who were caught by their own stupidity of posting photos of them abusing prisoners were discharged, I don't think any high ranking officers who created and fostered the abusive practices.
https://www.salon.com/2006/03/14/prosecutions_convictions/

It wasn't a few bad apples, it was the "standard desirable practice"....a practice Bush strongly defended and Trump has said he wants to return to, and at least the 1/4 of America that brainlessly loves him agrees.
Personally, I think we should have left any American that participated in this in Iraq, especially the officers in charge...soldiers have a duty to refuse illegal or immoral orders, and ordering torture is absolutely illegal and immoral.

Promoting this video back to the front page; last published Thursday, October 5th, 2006 2:27pm PDT - promote requested by dw1117.

Sonic the Hedgehog 2006 (Xbox 360) Angry Video Game Nerd has been added as a related post - related requested by ant.

*related=http://videosift.com/video/Sonic-the-Hedgehog-2006-Xbox-360-Angry-Video-Game-Nerd

Sonic 2006 Part 2 - Angry Video Game Nerd - Episode 152 has been added as a related post - related requested by ant on that post.

I liked the 2006 Prey, but it wasn't the best game ever (I actually have a boxed copy--remember those? ). Prey 2017 is said to be System Shock 3, I'm sure you know. It's not really in the Prey universe, but I guess they couldn't acquire the System Shock IP.

Dare I say, ya'll missing the point. It's a getaway movie staring a 2006 Subaru WRX. Not an Austin, not an Audi, not a Jag. The folks acting take a back seat. Pretentious this is not, fun it is.

More boxer engine notes!

15:05-15:30: you tell Mr and Mrs Front-Porch that your loonie of 1871 cannot be compared to your loonie of 2013 (year of this interview). You went off the gold standard in '33, you abandoned the peg in '70, and your currency has been free-floating ever since. Yes, the ratio of debt to GDP has some importance, but so does the nature of your currency. Just look at Greece and Japan, where the former uses a foreign currency and the latter uses its own, sovereign, free-floating currency.

Pay back the national debt -- have you thought that through?

First, the Bank of Canada is the monopolist currency issuer for the loonie, so explain to me in detail just how the issuer of the currency is supposed to borrow the currency from someone else? If you're the issuer of the currency, you spend it into existence, and use taxation as a means to create demand for your currency, and to free resources for the government to acquire, because you can only ever buy what is for sale.

Second, every government bond is someone else's asset. An interest-bearing asset. A very safe asset, in the case of Canada, the US, the UK, Japan, etc. "Paying back the debt" means putting a bullet into just about every pension fund in the world that doesn't rely exlusively on private equity or other sorts of volatile toilet paper.

There's a distributional issue with these bonds (they are concentrated in the hands of the non-working class, aka the rich), no doubt about it. But most of the other issues are strictly political, not economical.

What if the interest rate rises 1%? The central bank can lower the interest rate to whatever it damn well pleases, because nobody can ever outbid the currency issuer in its own currency. Remember, the central banks were the banks of the treasuries. The whole notion of an independent central bank was introduced to stop these pesky leftists from spending resources on plebs. That's why central banks were often removed from democratic control and handed over to conservative bankers. If the Treasury wants an interest rate of 2% on its bonds, it tells its central bank to buy any excess that haven't been auctioned off at this rate. End of story.

What if the market stops buying government bonds? Then the central bank buys the whole lot. However, government bonds are safe assets, and regulations demand a certain percentage of safe assets in certain portfolios, so there is always demand for the bonds. Just look at the German Bundesanleihen. You get negative real rates on 10 year bonds, and they are still in very high demand. It's a safe asset in a world of shitty private equity vaporware.

But, but.... inflation! Right, the hyperinflation of 2006 is still right around the corner. Just like Japan hasn't been stuck near deflation for two decades, and all the QE by the BoE and the ECB has thrown both the UK and the Eurozone into double-digit inflation territory. Not! None of these economies are running near maximum capacity/full employment, and very little actual spending (the scary, scary "fiscal policy") has been done.

But I'm going off track here, so.... yeah, you can pay back your public debt. Just be very aware of what exactly that entails.

As for the poster-child Latvia: >10% of the population left the country.

Here's a different poster-child instead, with the hindsight of another 4 years of austerity in Europe after this interview: Portugal. The Portuguese government told Master of Coin Schäube to take a hike, and they are now in better shape than the countries who just keep on slashing.

On a different note: Marx was wrong about the proletariat. Treating them like shit doesn't make them rebellious, it makes them lethargic. Otherwise goons like Mario Rajoy would have had their comeuppance by now.

PS: Blyth's book on Austerity is an absolute must-read for anyone interested in its history or its current effects in particularly the Eurozone.

Promoting this video back to the front page; last published Thursday, October 5th, 2006 2:27pm PDT - promote requested by dw1117.