search results matching tag: European Union

» channel: learn

go advanced with your query
Search took 0.000 seconds

    Videos (44)     Sift Talk (2)     Blogs (3)     Comments (46)   

Finally There Is Bipartisan Agreement: Trump Blew It

newtboy says...

Really? WE sponsored a VIOLENT coup? So you take the purely Russian viewpoint.
Wiki-
After the breakup of the Soviet Union, Ukraine endured years of corruption, mismanagement, lack of economic growth, currency devaluation, and problems in securing funding from public markets.[38][39] Successive Ukrainian governments in the 2000s sought a closer relationship with the European Union (EU).[40][41] One of the measures meant to achieve this was an association agreement with the European Union, which would have provided Ukraine with funds in return for liberalising reforms. President Yanukovych announced his intention to sign the agreement, but ultimately refused to do so at the last minute. This sparked a wave of protests called the "Euromaidan" movement. During these protests Yanukovych signed a treaty and multibillion-dollar loan with Russia. The Ukrainian security forces cracked down on the protesters, further inflaming the situation and resulting in a series of violent clashes in the streets of Kiev. As tensions rose, Yanukovych fled to Russia and did not return.[44]

Russia refused to recognize the new interim government, calling the overthrow of Yanukovych a coup d'état, and began a military intervention in Ukraine. The newly appointed interim government of Ukraine signed the EU association agreement and agreed to reform the country's judiciary and political systems, as well as its financial and economic policies. The International Monetary Fund pledged more than $18 billion in loans contingent on Ukraine's adopting those reforms. The revolution was followed by pro-Russian unrest in some south-eastern regions, a standoff with Russia regarding the annexation of Crimea and Sevastopol, and a war between the Ukrainian government and Russia-backed separatists in the Donbass.



The thing to remember about Crimea is it WASN'T PART OF RUSSIA, so no it didn't hold Russia's only black sea port not ice blocked in winter, it held a Ukrainian port Russia LEASED for use by it's black sea fleet from the Ukraine.
It's utter bullshit that Russia found a democratic way to invade and annex Crimea, they militarily invaded, seized and dissolved the democratically elected government by force, created and installed a new pro Russian sham government, then IT signed fake illegal treaties with Russia in violation of international laws and multiple binding treaties.
https://en.m.wikipedia.org/wiki/Annexation_of_Crimea_by_the_Russian_Federation

Russian masked troops invade and occupy key Crimean locations, including airports and military bases, following Putin's orders.[2][3]
The head of Ukrainian Navy, Admiral Berezovsky, defects, followed later by half of the Ukrainian military stationed in the region.[4][5][6]
Russian forces seize the Supreme Council (Crimean parliament). The Council of Ministers of Crimea is dissolved and a new pro-Russian Prime Minister installed.[7][8]
The new Supreme Council declares the Republic of Crimea to be an independent, self-governing entity, then holds a referendum on the status of Crimea on 16 March, which results in a majority vote to join the Russian Federation.[9]
Treaty signed between the Republic of Crimea and the Russian Federation at the Kremlin on 18 March to formally initiate Crimea's accession to the Russian Federation.[10]
The Ukrainian Armed Forces are evicted from their bases on 19 March by Crimean protesters and Russian troops. Ukraine subsequently announces the withdrawal of its forces from Crimea.[11]
Russia suspended from G8.[12]
International sanctions introduced on Russia.

You sound distinctly Soviet or ridiculously ignorant in your misrepresentation of the situation. They militarily attacked, invaded, and seized their neighbor, so not a bit restrained, they were not invited in by the government and welcomed....or would you insist they are also exceptionally restrained for not attacking and retaking Anchorage Alaska, their only non winter ice bound port in North America, a port clearly more strategically important than Sebastopol and just as Russian?

Spacedog79 said:

Lest we forget that Crimea started when we sponsored a violent coup in Ukraine, right on Russia's doorstep. How provocative is that?

The thing to remember about Crimea is that it holds Sevastopol which is a strategically vital port for Russia, it is their only port that isn't ice locked during winter. We knew full well they would have to keep hold of it one way or another, and thankfully Russia found a democratic way of doing it instead of violent.

Under the circumstances I think Russia deserves credit for being so restrained.

Vox: The new US tax law, explained with cereal

SDGundamX says...

A Mitt Romney fan, eh? You should probably read this article, which absolutely guts the myth that only half of income earners pay taxes.

As far as the top 1% paying 40% of the taxes, I agree that is atrocious--they are supposed to be paying almost ALL of it! See, when the income tax was introduced with the 16th Amendment, it was primarily meant to be a tax on the rich. The federal tax rate for middle-class people was meant to be around 1-2% whereas the tax rate on the rich was around 7%. You can see the original 1913 tax form here.

Of course, since literally the income tax's inception, the federal government has continuously been shafting the middle classes while reducing the tax burden of the wealthy. It's about as American as apple pie by this point!

The big problem is that the government relies more and more on income tax to fund federal projects. Take a look at the graph in the article I linked to at the start of this comment and note how corporate taxes keep going down while income and payroll taxes keep going up.

It doesn't help at all that most of America's biggest businesses have offshore tax havens where they can avoid paying taxes (think Ireland for Apple, Inc., though that hasn't worked out so well for them thanks to the EU being less corporate cock-sucking than the U.S. government).

So, to solve America's tax deficit problem, the solution is pretty clear--tax rich people more (as was intended), tax corporations more and cut off their tax havens, and maybe give a tax break to the people who actually need and deserve it--the middle and lower classes.

But of course all of that sounds suspiciously like socialism, which as we all know is the devil incarnate and about as un-American as naming your kid Stalin.

drradon said:

This, like so many of these tax discussions, happily ignores the fact that those top 1% of income earners pay 40% of ALL taxes... (and more than the combined tax revenues of the bottom 90% of income earners). The reality is that nearly 50% of all income earners pay NO taxes - this really isn't a good social policy - where nearly half the potential voting public have no vested interest in how government money is being spent

Girlfriend takes dumb to a whole new level

Dear Future Generations: Sorry

oritteropo says...

Food waste has different causes in different places.

For instance, 45% of tomatoes harvested in Nigeria are lost due to poor Food Supply Chain management. In Kenya 15-35% of their crops are wasted due to the high specifications on appearance by European Union supermarkets. In other places food is wasted because there's no easy way to transport it to markets. In most African nations most of the losses occur early in the food supply chain, but in Europe and North America the losses are more likely to occur much closer to home.

According to http://www.worldfooddayusa.org/food_waste_the_facts consumers in industrialised countries waste almost as much food every year as the entire net food production of sub-Saharan Africa (222 million vs. 230 million tons).

Australians discard 20% of the food we purchase (total waste is 4.06 million tonnes of food every year). This works out fairly similar to the 10kg per person per month in the link above for the USA.

There is no new technology required to dramatically improve on these figures, it mostly just requires a desire to do better (and perhaps a bit of education).

newtboy said:

Well, you do have a point....but I think 10 billion Nepali would still overburden the biosphere. It probably would only take <2 billion Americans (or far less, I'm just blind guessing) to overburden it. Given my druthers, we would have a total population under 1 billion, and make it so those wanting >3 children have to commit suicide to let their baby be born, essentially stopping population growth permanently.

Yes, solving food waste without massive expense could go a long way....but how? Most food waste is a factor of transportation cost. If it costs more to ship the food than it's 'worth', it will be allowed to rot. Figuring out a distribution method for getting excess food products to the needy for free is going to make someone billions of dollars if it's ever done. Unfortunately, without energy free teleportation, I don't see it happening on a large scale. Small scale local solutions (such as http://videosift.com/video/Fridge-Outside-Restaurant-Turns-Leftovers-Into-Free-Meals ) can have impact, but won't solve the problem completely.

oritteropo (Member Profile)

radx says...

If we take for granted the need for cost cutting, it would be only logical, if not an outright neccessity in a democracy, to leave the details up to the local representatives. Payment of X Euros expected by mm/dd/yy, figure it out yourselves.

Why do it any other way?

Well, you know the three most discussed possibilities as well as I do: shock doctrine, an attempt to force Syriza to commit political suicide, and bureaucratic automatisms.

During the first stages of this facade, I would have put my money square on shock doctrine. The measures are just too damn beneficial to the "there is no society" kind of thinking. It's horseshit, economically, and tremendously damaging, socially.

Replacing Syriza with the Old Guard seems quite appealing, given the behind-the-scenes deals with the nepotistic elite as a means to facilitate a smoother transitition once those pesky commies are out of the picture. The vitriol against Varoufakis is just staggering in this regard. News of the World got nothing compared to what our respectable media has hurled at Varoufakis and Tsipras.

My take on the automatisms on the other hand is rooted in how our politicians and our public has been arguing this entire time. Neoliberalism is the gospel, dissent is heresy. Privatisation is good, cutting wages is good, flexible labour market is good, taxation of wealth is bad, deficit is bad, surplus is good. They drank the kool aid, they are in it hook, line and sinker.

And as a result, the diagnosis is always the same, and so is the treatment. And fuck me for using this ass of a metaphor, given how the language used is the most subtle means of manipulation. "Rescue" the Greeks, "drowning" in debt, "tighten your belt". How about: food only on five days a week, grandma gets to croak on diabetes and your baby boy dies of diphtheria.

Yes, I had a fucked up day. The discussion in parliament about the "Greek problem" was a disgrace and high treason of the humanistic ideas that are supposed to be the foundation of the European Union.

oritteropo said:

The thing I really don't understand is why the creditors are so insistent that it is ONLY the poor who have to lose out. I mean, the welfare system is a large expense but not the only one... surely they could get a few bob for some of their old military aircraft?

oritteropo (Member Profile)

radx says...

How indeed.

Draghi's ECB has just made a move and I don't understand why. Come Feb 11th, they will no longer accept Greek bonds as collateral, effectively cutting off one of Greece's last two sources of credit. What remains is the Emergency Liquidity Assistance (ELA) provided to the Greek Central Bank, through which the entire banking system must now get most of its credit.

Why did they do it? Why now? I don't think it has something to do with the Advocate Generals opinion piece the other day, declaring the ECB's membership in the troika to be a conflict of interest and that fiscal policy is not to be used as a tool to influence poltical decision-making.

Could it be pure idiocy like the time they pulled to plug on Cyprus only to backpeddle shortly after? Or might they be trying to force a move on part of Germany and Greece? "Stop messing around and get your ducks in a row NOW." -- that sorta thing? Is it mere posturing of sorts, a shot across the bow of Greece?

-------
Edit #1

I really don't like this. It looks like disaster, smells like disaster and tastes like disaster. And it's entirely too close for comfort. Are they truly going to turn Greece into a failed-state over principle? The way they casually discuss the lives of nearly 11 million people, and the future of the European Union as well, is bone-chilling.
-------


In the meantime, Schäuble's meeting with Varoufakis went just as expected, reports indicate. Schäuble won't budge a bit. Negotiations with the troika are mandatory, and fiscal waterboarding must be resumed at once. There will be no compromise, not with him in charge. He'll push Greece off the cliff without blinking even once. Convictions worthy of a Templar, that one. Worth remembering that he admitted taking 100k in bribes from an arms dealer in '94 and still managed to become Minister of Finance. A living legend, just not the kind I'd prefer.

With regards to hyperinflation, most folks over here seem to have forgotten, or maybe they never learned, that Chancellor Brüning's austerity regime led to deflation in 1930-32, pushing unemployment to 23%. What followed was a massive influx in membership and infuence for parties at both ends of the political spectrum, similar to Greece. Except in our case, it wasn't the left (KPD) who won the elections in '32...

oritteropo said:

I went against your advice and had a look at a DW article on the subject, and I see what you mean, there is quite a big disparity between the accepted position in the article and anything else I've read from outside Germany. I am now also left wondering how on earth any compromise could be made acceptable to German politicians, and then sold to the public. Since Ireland and Portugal are starting to recover despite The Austerity, it's entirely possible that the usual suspects will say "Look! It works!". They do have much more debt now though...

I can understand a certain aversion to excessive inflation, after the chaos caused by hyperinflation in 1923, but you'd think that if they remember that then they'd also remember where that led (and particularly with the rise of Golden Dawn).

Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh

radx says...

What @RedSky said.

Also, I'm an armchair economist, and a green one at that. The union has some fundamental flaws on just about every level, but since I consider us all to be fellow travelers on this planet, I'm highly in favour of a European Union.

Maybe Syriza and Podemos are successful, then France will break rank and everything's open for discussion again. That'd be nice.

oritteropo said:

Are you suggesting that it ought to be Germany rather than Greece who leave the EU?

Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh

radx says...

In the current situation, "structural reforms" is used to subsume two entirely different sets of measures.

The first is meant to remove what you previously mentioned: corruption in all the shapes and forms it takes in Greece, from a (intentionally) broken tax system formed over decades of nepotism to a bankrupt national media in the hands of oligarchs. The institutions of the Greek state are precisely what you expect when a country has been run by four families (Papandreou, Samaras, Mitsotakis, Karamanlis) for basically five decades.

This kind of structural reform is part of Syriza's program. Like you said, it'll be hard work and they might very well fail. They'll have only weeks, maybe a few months to undo significant parts of what has grown over half a century. It's not fair, but that's what it is.

The second kind of "structural reform" is meant to increase competitiveness, generally speaking, and a reduction of the public sector. In case of Greece, this included the slashing of wages, pensions, benefits, public employment. The economic and social results are part of just about every article these days, so I won't mention them again. A Great Depression, as predicted.

That's the sort of "structural reforms" Syriza wants to undo. And it's the sort that is expected of Spain, Italy and France as well, which, if done, would probably throw the entire continent into a Great Depression.

I'd go so far as to call any demand to increase competitiveness to German levels madness. Germany gained its competitiveness by 15 years of beggar-thy-neighbour economics, undercutting the agreed upon target of ~2% inflation (read: 2% growth of unit labour costs) the entire time. France played by the rules, was on target the entire time, and is now expected to suffer for it. Only Greece was significantly above target, and are now slightly below target. That's only halfway, yet already more than any democratic country can take.

They could have spread the adjustment out over 20 years, with Germany running above average ULC growth, but decided to throw Greece (and to a lesser degree Spain) off a cliff instead.


So where are we now? Debt rose, GDP crashed, debt as percentage of GDP skyrocketed. That's a fail. Social situation is miserable, health care system basically collapsed, reducing Greece to North African standards. That's a fail.

Those are not reforms to allow Greece to function independently. Those are reforms to throw the Greek population into misery, with ever increasing likeliness of radical solutions (eg Golden Dawn, who are eagerly hoping for a failure of Syriza).

So yes, almost every nation in Europe needs reforms of one sort or another. But using austerity as a rod to beat discipline into supposedly sovereign nations is just about the shortest way imaginable to blow up the Eurozone. Inflicting this amount of pain on people against their will does not work in democratic countries, and the rise of Syriza, Podemos, Sinn Féin, the SNP and the Greens as well as the surge of popularity for Front National and Golden Dawn are clear indicators that the current form of politics cannot be sustained.

Force austerity on France and Le Pen wins the election.

Meaningful reforms that are to increase Europe's "prosperity" would have the support of the people. And reforms are definatly needed, given that the Eurozone is in its fifth year of stagnation, with many countries suffering from both a recession and deflation. A European Union without increasing prosperity for the masses will not last long, I'm sure of it. And a European Union that intentionally causes Great Depressions wouldn't be worth having anyway.

Yet after everything is said and done, I believe you are still absolutely correct in saying that the pro-austerity states won't blink.

Which is what makes it interesting, really. Greece might be able to take a default. They run a primary surplus and most (90%+) of the funds went to foreign banks, the ECB and the IMF anyway, or were used to stabilize the banking system. The people got bugger all. But the Greek banking system would collapse without access to the European system.

Which raises the question: would the pro-austerity states risk a collapse of the Greek banking system and everything it entails? Spanish banks would follow in a heartbeat.

As for the morality of it (they elected those governments, they deserved it): I don't believe in collective punishment, especially not the kind that cripples an entire generation, which is what years of 50+% youth unemployment and a failing educational system does.

My own country, Germany, in particular gets no sympathy from me in this case. Parts of our system were intentionally reformed to channel funds into the market, knowing full well that there was nowhere near enough demand for credit to soak up the surplus savings, nowhere near enough reliable debtors to generate a reasonable return of investment without generating bubbles, be it real estate or financial. They were looking for debtors, and if all it took was turning a blind eye to the painfully obvious longterm problems it would create in Southern Europe, they were more than eager to play along.

RedSky said:

The simple truth from the point of view of Germany and other austerity backing Nordic countries is if they buy their loans (and in effect transfer money to Greece) without austerity stipulations, there will be no pressure or guarantee that structural reforms that allow Greece to function independently will ever be implemented.

Trancecoach (Member Profile)

Trancecoach says...

Sorry for the delayed response. I got a bit busy this week, and didn't have the time/energy to dedicate that a response of this sort deserves. Thanks for your patience.

Your response suggests an adoption to Marxism which, in my opinion, is unmatched in the level of suffering it has caused, but leaving that aside...
In response to your bullet points:

#1. "ever wonder why there is an economics course and a business admin course? there is a reason for that.one is theory the other practical application. and economists get it wrong...and often."

This is the kind of thing Paul Krugman often says, and it's flat wrong. To the extent we have a free market, we have a successful exchange of goods and services at a fair and competitive price. To the extent to which we have socialism, with central planners, and governmental regulation, we have cronyism, plutocratic kleptocracy, and failure. The Austrian school of economics does a very good job of explaining -- step by step in a manner in which you can follow along using deductive logic, how such contradictions come about. Entrepreneurs are to Austrian economists as artists are to the best of art/literary critics. There's no discrepancy between theory and practice. They can clearly and accurately describe what entrepreneurs are doing. Unless you have studied Mises, you'll probably have little to no good idea as to what economics is or what it can or cannot do.

#2: fascism is, in fact, a type of socialism because it follows a socialist economic model.

#3: Yes, I've thought it through. Explain to me specifically how you arrived at your conclusions. Otherwise, you're just making assertions.

> "france is a democracy. they have capitalism AND
> socialism."

France has a mix of capitalism and socialism, not unlike the U.S. Again, to the degree that France has a free market, things work and to the degree that they have socialism, the problems arise and get worse, as they/we are seeing now. To the degree that they are socialist, they are a failure. Socialism is unsustainable because you have no economic calculation. (And the European Union, which includes France, is failing -- in case you haven't noticed. This video can provide you with the data you need to understand this.)

Socialism is planned chaos because the issue of economic calculation (and its absence) gets glossed over. The EU is partially socialist -- it's a mix -- so it can somewhat slow down the effects of socialist chaos, unlike full-blown socialist systems. But it is increasingly more socialist and the chaos increases.
To deal with this planned chaos, these mixed systems rely on Lord Keynes' theories and policies of credit expansion, which equates to basically "throwing money" at the problem.
But, (as the Keynes/Hayek rap video says) "there's a boom and bust cycle and good reason to fear it!"

(Quite honestly, I'm surprised that you're not for establishing stable rules for the banks. You know, so that they're no longer able to extend money/credit that they don't have without being charged with fraud.
Because if you were for such banking rules, then you would no longer support the Keynesian approaches upon which your ideology is resting. Personally, I think money and credit needs rules and, for this reason, I don't support socialism or central planning in the absence of economic calculation, which is only possible within a free market system.)

The credit expansion expands the circumference of the boom and bust cycle, slowing it down, extending the boom period, but setting things up for a worse bust. It's all very predictable. If some are still not convinced about Europe's failure, it is because even as bad as things are, the bust has not really hit. Yet, it will. Eventually.

Unlike the Dollar, the Euro is not the world's reserve currency, and there is no petro-euro like there is a petro-dollar. So Europe cannot delay the bust in the manner that the U.S. can. On the other hand, thanks to German objections, the credit expansion in Europe has not gone as high as in the U.S. so their bust may not be as disastrous as it can be for the U.S.

The boom and bust cycle cannot occur in an anarchy because you need a central bank with powers of credit expansion to make it happen.
The alternative explanation, the "animal spirits" (a la Lord Keynes) posits that all businesses suddenly make mistakes at the same time, and/or all consumers at the same time decide to stop buying, causing the bust. I doubt it. That's no explanation at all.

> "my point is that health care should be a collective project
> but i believe i also entertained a free market solution as well."

I think you need to define what you mean by "collective" because the free market is as collective as it gets. I don't think you grasp what the free market means (i.e., voluntary interactions that allow for economic calculation and involve zero violence, allowing for better service and cheaper prices). Unless you understand this, no further discussion will lead to very much.

You say some things should be done collectively. I say many things must be done collectively. That's the basic premise of Austrian economics, the division of labor. You cannot do everything yourself. That's one reason I say that the free market economy is as collective as it gets.

> "i am a dissident. an anarchist."

If you're an anarchist, then you don't believe in government, by definition. So you can't be a socialist, as socialism requires a government to manage things. Without government, the only thing left is voluntary exchanges, which is the definition of a free market, economic capitalism (not to be confused with sociological capitalism).

You shouldn't rely on economists to tell you how things are. See for yourself. Again, only the Austrian school (that I know of) enables you to follow deductively on your own and make rational sense of the market activity.

You say economists are "probably wrong." How do you know? Economics isn't mysterious heuristics and sociological prophesy. It's like mathematics. You don't need to "believe" me that 2 + 2 = 4. You can deduce it for yourself.

I think that if you can learn a few basic economic lessons (which you can easily verify for yourself), you'll understand better where I'm coming from. (Then you'll be a coherent anarchist and not sound so confused ).

If you are an "anarchist," then who do you want administering things if not the government?

Hayek was much more of an anarchist (again, the rap video:
"The question is who plans for whom? Do I plan for myself, or leave it to you? I want plans by the many, not by the few.")

An anarchist who thinks otherwise is not much of an anarchist, is he?

enoch said:

<snipped>
i want to speak to your manager!

The European Union Explained

Glenn Greenwald Speaks Out

radx says...

By the way, it seems the folks over at either the Guardian or the WaPo have now started sharing some material with other newspapers. Previously undisclosed information was published by Der Spiegel, giving credit to Laura Poitras, amongst others.

Full Orchestra Flashmob - Beautiful and Moving

Daniel Altman ~ The Eurozone

RedSky says...

You crazy yankies and your anti-central bank views. I suppose the bouts of 10-20% inflation that just magically stopped after any country introduced an independent central bank is lost on your guys? Or that the Fed through QE1, QE2 and Operation Twist is pretty much single handedly responsible for preventing millions of people from remaining unemployment these last few years and joining the ranks of the permanently unemployed?

@renatojj

The European Union was created purportedly to create intra-regional peace. The Euro Zone was the fundamentally flawed idea of creating a monetary union without a fiscal union.

10,000 Singers Belt Out “Ode to Joy”

Kalle says...

On one hand its absolutely awesome to see 10.000+ japanese people sing in german about the brotherhood of man... add to that all the associations like the hymn of the european union or even clockwork orange..

But on the other hand it just has this north korean flair of a mass parade...

TDS: Arrested Development - Yay To Indefinite Detention



Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists

Beggar's Canyon