Showing posts with label europe. Show all posts
Showing posts with label europe. Show all posts

18 June 2008

another reason we're lagging so far behind...

I posted about US commercials and how ridiculous and neanderthal they can be. They're obsessed with sex, pharmaceuticals and body odor prevention.

Andy Towle over at Towleroad posted this example of a TV commercial airing on British stations for Heinz mayo. It's cute; it's refreshing; it's non-assuming; and it's fun.

enjoy, and think about the day when everyone can be commonplace in our world...




Straight home from work, Sweet Cheeks.

29 May 2008

and the nightmares continue...

regarding gas prices.

Europe is worse than most places, but the price of gas itself is not the issue. In Paris, gas costs $5.54 per gallon. Of that, 70% is in taxes. That's $3.88!

The highest price is in Amsterdam at $6.48 per gallon.

The best? Caracas, Venezuela - are you ready? - 12¢ per gallon!

no, i have no intention of moving to Caracas. Hugo scares me more than the Tsar...
source: CNNMoney.com

21 December 2007

Telegraph:UK - "Equity fears grow as record numbers cash in"

That's the headline in, well, tomorrow's, London Daily Telegraph. The opening line of the article:
Record numbers of nervous investors cashed in their stock market investments last month giving evidence that the credit crunch is beginning to cause panic.

From yesterday's Independent - Record deficit adds to fears for UK economy:
The UK's current account deficit leapt by almost 50 per cent in the third quarter, hitting a record £20bn and raising fresh concerns about the stability of the country's economy.

From the Guardian Unlimited - First-timers priced out of market
This year the number of first-time buyers fell to the lowest level since 1980, according to figures out today from Halifax. They reveal that an affordability crisis is now affecting every part of Britain.

From Le Monde.fr - La BCE vient au secours de banques menacées par les crédits à risque trans. "The ECB assists banks threatened by the appropriations at risk" [read "appropriations" as "loans"]
La Banque centrale européenne (BCE) a annoncé, mardi 18 décembre, avoir alloué 348,6 milliards d'euros aux banques, un montant massif de liquidités visant toujours à rétablir la confiance sur le marché monétaire, secoué par la crise du crédit aux Etats-Unis.

trans. The European central Bank (ECB) announced, Tuesday December 18, an allocation of €348,6 billion to banks, a massive amount of liquidity, aiming at restoring confidence in the money markets, shaken by the crisis in the United States.

This is just a little bit of the economic problems that are hitting Europe just like the rest of the world. Unlike the U.S. Media, the the international media puts the blame directly on the U.S. government, in a lot of cases using the name Mr. Bush with it.

Man, there's a lot of work to be done when the Tsar's reign is over on January 20, 2009. The question is, "Are any of the candidates, Democratic or Republican, capable of cleaning up the mess this man has created?"

gives a new twist to the term mission impossible, doesn't it?

just asking...

11 October 2007

and what about the rest of the world?

Bill Clinton when asked what his mission would be should Hillary be elected president indicated that he would most like to help bring the rest of the world back into diplomatic parity with the U.S. It might be more accurate to say bring the U.S. back into parity with the rest of the world.

Hillary was on Countdown with Keith Olbermann tonight. She made a comment that was very important in dealing with international relations between the U.S. and the World's governments. I don't have the exact quote, but in effect she said that should she become president it would be the end of cowboy diplomacy. She actually used that term.

So what about the rest of the world? What exactly are they thinking? Do they even want to bother in dealing with the U.S.? If the headline below from the International Herald Tribune is any indication, we may be in for a long tough haul.
Supreme disgrace
The Supreme Court exerts leadership over America's justice system, not just through its rulings, but also by its choice of cases - the ones it agrees to hear and the ones it declines. On Tuesday, it led in exactly the wrong direction.

Somehow the court could not muster the four votes needed to grant review in the case of an innocent German citizen of Lebanese descent who was kidnapped, detained and tortured in a secret overseas prison as part of the Bush administration's morally, physically and legally abusive anti-terrorism program. The victim, Khaled el-Masri, was denied justice by lower federal courts, which dismissed his civil suit in a reflexive bow to a flimsy government claim that allowing the case to go forward would put national security secrets at risk.

It somewhat echoes a previous post on this site - exactly what is SCOTUS "refusing" to hear?

Years ago there was a novel and movie entitled The Ugly American. I'm going to quote directly from the Wikipedia entry because it sums it up and reflects on the fact that we still don't get it. Well, at least the people who have the power don't.
The novel describes how the United States is losing the struggle with Communism—what was later to be called the battle for hearts and minds—in Southeast Asia, because of arrogance and failure to understand the local culture.

...because of arrogance and failure to understand the local culture.

Iraq? Iran? France? Saudi Arabia? Russia? China? Darfur? and on, and on, and on...

on the home front, it also comes close to describing the problem with the authoritarian "social" conservatives in our own country with the arrogance and failure they have in understanding our own culture.

doesn't it?

just asking...

I keep bringing this up: Those who cannot learn from history are doomed to repeat it. - George Santayana...

[writing things like this always makes me sad. i think of my father and uncle, along with all of the other honorable men and women who fought, some paying the ultimate price, to defend in what they believed, to preserve the freedoms in which this government was so adamant at procuring, and to make sure that there was a future for me and others. i think they would be angry. i believe they would be disgusted at what has happened. i feel they would be sad also.]

10 August 2007

today's foreign headlines about the economic "crisis"...

Le Monde - France

Les Bourses européennes continuent de plonger
The European Stack Exchanges continue t0 plunge

Des doutes sur la solidité des banques et de la croissance
Doubts about the solidity of the banks and growth

Les banques centrales tentent d'endiguer la crise financière
The central banks try to shore up the financial crisis


The Daily Telegraph - England

Global stock markets tumble as sub-prime contagion spreads

Market volatility hits highest since 2003

Deutsche Well - Germany (in English)

ECB Fund Injection Leaves Investors in a Fog

Germans Wary of Stock Market

International Herald Tribune

Shaky markets prompt rumors of who's in trouble

Central bankers take action as the rout in global markets deepens

Europe slammed by U.S. credit crisis


and, finally, Paul Krugman's OpEd from today's New York Times

Very Scary Things

moneyquotes:
- What’s been happening in financial markets over the past few days is something that truly scares monetary economists: liquidity has dried up. That is, markets in stuff that is normally traded all the time — in particular, financial instruments backed by home mortgages — have shut down because there are no buyers....

- The origins of the current crunch lie in the financial follies of the last few years, which in retrospect were as irrational as the dot-com mania. The housing bubble was only part of it; across the board, people began acting as if risk had disappeared....

- When liquidity dries up, as I said, it can produce a chain reaction of defaults. Financial institution A can’t sell its mortgage-backed securities, so it can’t raise enough cash to make the payment it owes to institution B, which then doesn’t have the cash to pay institution C — and those who do have cash sit on it, because they don’t trust anyone else to repay a loan, which makes things even worse.

And here’s the truly scary thing about liquidity crises: it’s very hard for policy makers to do anything about them....

- But when liquidity dries up, the normal tools of policy lose much of their effectiveness. Reducing the cost of money doesn’t do much for borrowers if nobody is willing to make loans. Ensuring that banks have plenty of cash doesn’t do much if the cash stays in the banks’ vaults.


on a brighter note, the Dow Jones Industrial average is only down -77.64 as of 1:15 pm EDT.

rebounds can come in small packages...

14 April 2007

so up-tight...

The majority of people in the US tend to be just that way -- up-tight. They are too unaccepting of the unusual, too questioning of anything interpreted as not normal, and so inflexible with the unexpected that the fun is missing a lot of the time. The Europeans, on the other hand, like to have a good time. Maybe it's because they have a secular society as Benny XVI is often decrying.

One of the best examples of this is the annual Eurovision Song Contest. The first time it was held was in 1956! Each country in the European Broadcasting Union submits a song on which the people of the country has voted as their best entry. All songs are then broadcast live throughout Europe and the people then vote for the best of all. Think of it as American Idol done right.

The thing is, each year the songs have gotten more and more outrageous as have the productions. It's a fun time for everyone. Check out the entry from little ole Denmark in this year's competition and tell me you didn't start tapping along.


Drama Queen

Check out the eurovision.tv website. it's fun...