Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 1:42 am
Squire wrote:
Cactus Flower
Can you recall what happened to life expectancy in Russia when freedom was taken away?
This is the best thing - or at least the most comprehensive - on Russian life expectancy:
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At the beginning of the 20th century, life expectancy for the Russian population was extremely low (30 years for males and about 32 years for females in 1896-1897). It was about 15 years below the life expectancy levels for France, England and Wales, or the United States
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Just after World War II, life expectancy rose very rapidly in Russia, while in Western countries it was growing at approximately the same speed as before the war. Between 1938-1939 and 1958-1959 in Russia, life expectancy increased by over 20 years for both sexes--from 40 to 62 for men and from 47 to 70 for women. It was a period of successive efforts by the Soviet centralized health care system against infectious diseases using new antibiotics and mass vaccinations. By the mid-1960s, the gap in life expectancy between Russia and the United States dropped sharply to only 3 years for men and 1.5 years for women.[11] In the 1960s, when excess mortality from infectious diseases had already diminished greatly and the "civilized ills" (alcoholism, smoking, traffic accidents, environmental pollution) were rising, progress in life expectancy both in Russia and in the United States nearly stopped. Whereas further progress recovered in the United States and in many other Western countries in the 1970s, in Russia the decrease in life expectancy generally continued over the 30 years since 1965, especially for males
With the cold war, the proportion of the national income used for military spending increased exponentially, in order to match US spending and capabilities.
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In 1993 the public health situation worsened so much that at first it seemed unbelievable. Between 1992 and 1993 life expectancy decreased by 3 years for males and by 1.8 years for females. By 1993, male life expectancy was 59 years, female life expectancy was 72 years. No country has exhibited such an abrupt change in peacetime.
Not only has life expectancy dropped since the 1990s, but there has been a collapse in the birth rate and the population is shrinking. People are too poor to have children.
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As such, a large part of the striking rise in mortality in the 1990s can be ascribed to the effects of a number of serious shifts in Russian society. All of them are closely interrelated. It is possible, however, to extract the two principal factors among them. These are: 1) lower living standards; and 2) social disorganization. We cannot discuss the links between these two here. However, we can say that the negative changes in living conditions themselves are not as bad as to lead to the massive deterioration in public health evident in the shifts in mortality by age and cause of death in 1992-93. In many countries, where living standards are much worse than in Russia--even in some developing countries--male life expectancy is significantly higher. We can suppose that some kind of complex interaction effect, coming from both principal factors, is responsible for the deteriorating health situation. In that case, the negative influence of the first component (real living conditions) is reinforced by the second group of factors (socio-psychological conditions) and vice versa.
Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 1:57 am
There is a lot of raging going on since the US election. Not only is the Republican Buccaneer government over, but it has visibly left the country and economy in ruins. Far from having a big government mammying the population, there is an economy that syphons wealth from the poor to an every decreasing number of rich, with the middle class impoverished. Education and health are an expensive mess. The productive core of the economy - steel, car production, is non-viable. The only enjoyable thing left to do for the right in the US is to point at Europe and tell us were f'd too. Is to distract attention from China?
The same people are completely devoid of ability to account for and plan for climate change.
Reading about the Maldives today. They are saving a chunk of GDP to buy a new country to live in, as their own is expected to be under the sea by the end of the century.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 2:43 am
Cactus. Have you ever been to the US. Do you understand that states have their own governments.
RR. Now that you mention it I probably would prefer a confederation than a federal system but I would settle for a small federal government with oversight of defense etc funded by a 1% tariff. You will be well aware of the many factions under the banner name of republican. What we have had for 8 years are big government globalists sometimes called neocons. Then you have the bible thumpers who were excited by Palin, then you have republicans that really want to be democrats led now by Romney, then you have libertarian/constitutionalists led by Paul.
The neo cons now are trying to destroy Palin as she is an outsider. The Palinites are angry and armed. The Paulites care nothing about the concerns of the Palines and adopt a live and let live attitude. If Paul was president there would be no federal laws on gays, abortion, prayer etc. It would be up to each individual state.
It remains to be seen how these 4 different groups fare as we go into the future
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 3:01 am
rockyracoon wrote:
Would that be under the enlightened Tsarists? If it is, I doubt that 1. realiable statitics were available 2. that freedom wasn't freedom from virtual slavery and impoverishment for the vast majority of citizenry. Tsarist Russia could hardly be held as a beacon of free markets nor libertarian ideology. Quite the reverse.
The inbreds were certainly less than ideal. I was considering what happened to many under the benevolence of Uncle Joe and the likes. The peasants faired ever so well. Strike me that when there is sudden change in any system that many suffer. Consider the pointless slaughter of the French revolution. Wonder how many died in China under the noble chairman?
CF
Life expectancy improved in most countries post WW2. Where would you rather have lived in a Soviet Collective or a farm in France?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 4:05 am
Quote :
Life expectancy improved in most countries post WW2. Where would you rather have lived in a Soviet Collective or a farm in France?
I've done agricultural work in France: I expect its the same everywhere: you break your ass all day, sleep in a shack, and the boss thinks he has droit de seigneur.
I can't say what the equivalent was in a Russian collective at the same time: there were plenty of small farms there too I think I've heard that a good amount of the food for Russia came out of them.
Your point about change is valid, but it is a long test. Ireland went from the 1920s to the 60s with a steady population decline.
When making judgements about Russia its worth remembering that most of it was "Third World" to WWI, it was invaded by several armies after WWI, had the depradations of Stalin in the 30s and lost 27 million people in WWII (half the total deaths of the war). Getting up to the nearly the same life expectancy as the US by the 1960s was an achievement.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 4:16 am
CF
A lot about the communist regime in the USSR was plain awful. Some of the planned towns look to me like a soulless visitation straight from hell and visit some of the villages if you want to see neglect. To my eyes the regime exploited the masses to maintain themselves.
I don't shed any tears over the Tzar and Co but what followed was yet more repressive dictatorship.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 4:25 am
Squire wrote:
CF
A lot about the communist regime in the USSR was plain awful. Some of the planned towns look to me like a soulless visitation straight from hell and visit some of the villages if you want to see neglect. To my eyes the regime exploited the masses to maintain themselves.
I don't shed any tears over the Tzar and Co but what followed was yet more repressive dictatorship.
I know there was repression and it was horribly stultifying: there was a fat cat layer there who ran everything for themselves. They ran their foreign policy on the same basis. But I'd stick to life expectancy as a measure telling you something, and it collapsed in Russia with privatisation, particularly for men. The idea that capitalism will bring the same privileges to everyone, if only they will buy into it, is just not true, There are rich and poor territories and classes.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 4:48 am
With the fall of the USSR we in the West had a good oportunity to form new relationships with Russia, we failed miserably. IMO many saw a weak Russia as beneficial to their self interests and did their utmost to undermine the country. What happened was a disgrace.
No system will bring the same privileges to everyone. The question should be what should be our priorities, and how do we achieve them. Ideologies become pseudo religions. I place personal freedom high on my list, but I have also seen enough grinding poverty to realise that hard work does not ensure reward.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 12:26 pm
youngdan wrote:
I am taking this crisis with a grain of salt. It justifies everything the likes of Peter Schiff has been saying. I am delighted that democrats control everything because there will be nobody to blame. They will attempt to control the economy by central planning just like the Soviets did. The result will be a currency which will be worth nothing. It is a certainty now that a vicious depression is coming. The voters swallowed the baloney. They do every time.
Peter Schiff: "The glass is half-full"
Art Laffer & Co.: "What?! You're wrong!" "I don't believe it!" "Way off!" "No slowdown" "GROAN" "Buy Merrill Lynch and WaMu" "What artificial lending standards are you talking about?!" "GET HIM OFF!" "Bahh!" "Hahahahaha!"
Video starts in Aug 2006
The Laffers will always laught eh ?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 1:11 pm
Smiles like scissors.
Alice Walker tells Bro Obama what really matters:
Subject: Letter to Obama: "we are the ones we have been waiting for" To Barack Obama from Alice Walker Nov. 5, 2008 Dear Brother Obama, You have no idea, really, of how profound this moment is for us. Us being the black people of the Southern United States. You think you know, because you are thoughtful, and you have studied our history. But seeing you deliver the torch so many others before you carried, year after year, decade after decade, century after century, only to be struck down before igniting the flame of justice and of law, is almost more than the heart can bear. And yet, this observation is not intended to burden you, for you are of a different time, and, indeed, because of all the relay runners before you, North America is a different place. It is really only to say: Well done. We knew, through all the generations, that you were with us, in us, the best of the spirit of Africa and of the Americas. Knowing this, that you would actually appear, someday, was part of our strength. Seeing you take your rightful place, based solely on your wisdom, stamina and character, is a balm for the weary warriors of hope, previously only sung about. I would advise you to remember that you did not create the disaster that the world is experiencing, and you alone are not responsible for bringing the world back to balance. A primary responsibility that you do have, however, is to cultivate happiness in your own life. To make a schedule that permits sufficient time of rest and play with your gorgeous wife and lovely daughters. And so on. One gathers that your family is large. We are used to seeing men in the White House soon become juiceless and as white-haired as the building; we notice their wives and children looking strained and stressed. They soon have smiles so lacking in joy that they remind us of scissors. This is no way to lead. Nor does your family deserve this fate. One way of thinking about all this is: It is so bad now that there is no excuse not to relax. From your happy, relaxed state, you can model real success, which is all that so many people in the world really want. They may buy endless cars and houses and furs and gobble up all the attention and space they can manage, or barely manage, but this is because it is not yet clear to them that success is truly an inside job. That it is within the reach of almost everyone. I would further advise you not to take on other people's enemies. Most damage that others do to us is out of fear, humiliation and pain. Those feelings occur in all of us, not just in those of us who profess a certain religious or racial devotion. We must learn actually not to have enemies, but only confused adversaries who are ourselves in disguise. It is understood by all that you are commander in chief of the United States and are sworn to protect our beloved country; this we understand, completely. However, as my mother used to say, quoting a Bible with which I often fought, "hate the sin, but love the sinner." There must be no more crushing of whole communities, no more torture, no more dehumanizing as a means of ruling a people's spirit. This has already happened to people of color, poor people, women, children. We see where this leads, where it has led. A good model of how to "work with the enemy" internally is presented by the Dalai Lama, in his endless caretaking of his soul as he confronts the Chinese government that invaded Tibet. Because, finally, it is the soul that must be preserved, if one is to remain a credible leader. All else might be lost; but when the soul dies, the connection to earth, to peoples, to animals, to rivers, to mountain ranges, purple and majestic, also dies. And your smile, with which we watch you do gracious battle with unjust characterizations, distortions and lies, is that expression of healthy self-worth, spirit and soul, that, kept happy and free and relaxed, can find an answering smile in all of us, lighting our way, and brightening the world. We are the ones we have been waiting for. In Peace and Joy, Alice Walker
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 7:11 pm
As the song says Who the fluck is Alice.
The thing is there are about 50 million donkeys whose brains are banjacked. Their pie in the sky idealism has now put the rest of us in danger. We are entering a period where it is dog eat dog and Obama is at hand to sell us down the river
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 8:14 pm
youngdan wrote:
I am taking this crisis with a grain of salt. It justifies everything the likes of Peter Schiff has been saying. I am delighted that democrats control everything because there will be nobody to blame. They will attempt to control the economy by central planning just like the Soviets did. The result will be a currency which will be worth nothing. It is a certainty now that a vicious depression is coming. The voters swallowed the baloney. They do every time.
I have this feeling that there will need to be constant reminders over the next few years that the financial crisis is already happening. I appreciate that in youngdan's case he thinks the US is only moving from dumb (regulation) to dumber (more regulation), but I suspect his thoughts here are symptomatic.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 8:49 pm
The crisis has been building for some time. What is in question is the actions likely to be taken by Obama and how it will impact. It is not a case of regulation but how many attempts will be made to prevent what must happen. I expect things to be worse under Obama but we shall see
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 8:56 pm
youngdan wrote:
The crisis has been building for some time. What is in question is the actions likely to be taken by Obama and how it will impact. It is not a case of regulation but how many attempts will be made to prevent what must happen. I expect things to be worse under Obama but we shall see
Alice Walker was the one who wrote The Colour Purple. I mixed her up with Toni Morrison earlier.
What do you think Obama is going to do in terms of spending money that's going to make the whole thing worse ? What do you think should happen to the Big Three automakers and what does Obama think ? Isn't he set on America pumping out electric vehicles ?
I've been listening to Alex Jones on this but he's a bit ranty about Obama. The next big thing will be the Summit on the 15th on the subject of MONEY. Plus, if he goes warring in other countries that would be bad wouldn't it ?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 9:39 pm
They say that if one of the big three automakers go bust it would cost 2.5 million jobs. Seems a bit of a no brainer to stop that provided you can do it adequately. There is no plan on the table yet so I couldn't comment on whether or not it is adequate.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 10:11 pm
GM has 25 billion left in cash and would get a fair whack of that 50 below. The 25 billion they think will do them for six months so another 50 would see them to Christmas '09 anyway, if their wealthy CEOs and Co. didn't squander so much in the meantime. Do you think that will sort them out johnfás ? The Recession will have ended by then and everyone and his uncle will be back to buying super duper SUVs with massive engines and massive consumption - is that what they're hoping do you think ?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 10:13 pm
youngdan wrote:
The crisis has been building for some time. What is in question is the actions likely to be taken by Obama and how it will impact. It is not a case of regulation but how many attempts will be made to prevent what must happen. I expect things to be worse under Obama but we shall see
Rattling bones again youngdan? What "must happen"?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 10:24 pm
I don't really have a clue what would sort them out Auditor because I am not an economist nor do I have an economist's brain. However, I think that if it is within your means, won't cripple you and you see a sustainable longterm future then it makes sense to safeguard several million jobs. I just don't have a notion about whether those variables are in existence.
I find it hard to believe that they need this huge level of restructuring and redesign though, seems like an excuse for bad management. The probably need to invest in new machinery but beyond that... I mean Ford are going on as if they manufacture nothing but SUVs... that may be the case in the USA but they produce plenty of Fiestas, Focus's etc etc over in Europe so surely they don't have to put a huge amount of thought into producing them over there...
Anyway, I really don't know enough about the issue. I just in principle agree with safeguarding that number of jobs provided you do it in an economically viable manner.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 10:30 pm
Do you really think that number of jobs will be lost though ? Presumably if nature was let take its course and the Big Three let sink then other companies would swoop in a take some machinery, plant and workers, etc.
Injecting 50 billion into an artificial market just raises the level of water in the room without addressing the main issue - the flood needs to be allowed settle so the damage can be seen and fixed. That would mean aggressive restructuring by foreign countries.
It kind of all hinges on the price and availability of oil and whether Americans can afford to import it continually - I think the Americans got a nasty shock this year when their petrol costs doubled in months. Despite the low price of the barrel the pump price hasn't gone down, apparently.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 10:35 pm
That isn't necessarily so with a company which suffers cashflow problems, Auditor. The market isn't as pure as that. If you sort out cashflow and restructuring issues it might well be very profitable to continue having an auto industry in America. However, it will always be more profitable to buy liquidated equipment and ship it to China like they did when MG went bust in Britain. Is that better for the American economy? Not really would be my answer. Surely it is better to have the machinery slightly less profitable but nonetheless profitable within their own economy, than serving another.
My point was that if it was a legitimate restructuring it would not be an artificial market, I think that was fairly clear in my post. There would have to be two conditions i) a medium term viable plan ii) the cost doesn't cripple federal finances.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 11:02 pm
Liquidity versus solvency is it ? I'll refer you to the graph below - is that kind of thing sustainable?
American cars are a lot bigger than ours on average even though I can't find figures for the average sizes. This will have to change and an intermediary stage of low-consumption vehicles installed as a step on the road to a new auto economy where less petrol gets burned you'd think. God knows what they want the fifty billion for but if it's likely it will be just to keep the auto giants ticking over in their current sloth.
Why are you saying you're not an economist ? So what ! This place is for pretending to be all sorts of things as long as you can make some sort of coherent argument. At least you stayed around and bantered - youngdan fecked off to do what - varnish some interior parts of his yacht ?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 11:09 pm
Auditor #9 wrote:
Liquidity versus solvency is it ? I'll refer you to the graph below - is that kind of thing sustainable?
That kind of petrol consumption isn't sustainable but that hasn't got anything to do with the solvency of liquidity of a company. If there is a sustainable auto industry in the USA which is a major employer, but, owing to bad management and current economic conditions, it does not have the money to restructure in order to be sustainable, that does not mean that it is not sustainable in the longrun. If it is sustainable in the longrun and you can support it, then why not. It is a good investment decision. The best minds plough money into poorly performing sustainable businesses - that is where you make the most longterm profit.
My point is (i) is the industry sustainable in the longrun (ii) do they have the money to support it. I don't know the answer to either of those questions. My answer blind of the facts is that there are alot of people in America, it is a huge country and thus you would imagine that they could support a car industry and secondly that despite their economic woes, they still have the capacity to pull some money out of the bag.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 11:34 pm
johnfás wrote:
Auditor #9 wrote:
Liquidity versus solvency is it ? I'll refer you to the graph below - is that kind of thing sustainable?
That kind of petrol consumption isn't sustainable but that hasn't got anything to do with the solvency of liquidity of a company.
Here's what wikipedia says solvency is
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In finance, solvency is the ability of an entity to pay its debts with available cash. Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. The better a company's solvency, the better it is financially. When a company is insolvent, it means that it can no longer operate and is undergoing bankruptcy.
Petrol prices have risen and will do so again if there is an upswing Petrol is imported into the U.S. The U.S. has $10 trillion national debt - 70% of GDP i.e. imports will rise in price if there is a default on this
Purchases of new cars you'd imagine will not be such a luxury given the above because the cost of running a car has risen. Unsustainability of oil consumption has everything to do with the solvency of a car maker; if it is unsustainable won't consumers be inclined to switch products or companies inclined towards different technologies ? It wouldn't be wise to continue running your steam ship when everyone around you is sailing on the Mississippi with their diesel engines - you become uncompetitive and totally insolvent in the medium term.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 11:39 pm
Auditor #9 wrote:
Unsustainability of oil consumption has everything to do with the solvency of a car maker; if it is unsustainable won't consumers be inclined to switch products or companies inclined towards different technologies ? It wouldn't be wise to continue running your steam ship when everyone around you is sailing on the Mississippi with their diesel engines - you become uncompetitive and totally insolvent in the medium term.
The automobile, whether it is run on petrol, electricity or jungle juice is still going to be with us for several generations to come and people will still be buying cars, whether or not sale diminish over the coming years. Thus, provided the fundamentals of the business can be achieved it would seem an acceptable thing for the US Government to support. As I have said I have no idea of the fundamentals of their business and I think graphs of oil consumption are really, as Mr Ahern would say, smoke and daggers which don't really answer the issue.
Your last sentence seems to be making an argument for Governmental intervention. Provided the economy has the capacity to maintain a domestic industry, surely it would make sense to have support to convert these hypothetical Mississippi industries to diesel as there is a sustainable future in it.
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA Wed Nov 12, 2008 11:59 pm
My point about the consumption is that America needs to cut down its dependence on foreign oil .. Obama has been on about this for a while now - haven't you heard him? Why? Because there are foreign machines (cars) which consume less and thus in the medium term will look more attractive to consumers over there. (in fact they probably are now which is what is killing their industry)
Quote :
Your last sentence seems to be making an argument for Governmental intervention. Provided the economy has the capacity to maintain a domestic industry, surely it would make sense to have support to convert these hypothetical Mississippi industries to diesel as there is a sustainable future in it.
Shouldn't this bailout come attached with some conditions if it goes through ? Yes - retool, rebuild, re-engineer etc. ? If you're not willing to let the market kill it off then it will have to be made change - it will die eventually anyway if it isn't commanded to change or left to the market. Then America will not have a native auto manufacturing base or they will end up spending time and money on building up a new adjusted one at the expense of other manufacturing. Although they do this surprisingly quickly if they have to adapt.
For anyone interested in the banking bailout, this is what is already being reported as happening but maybe we shouldn't believe it should we ?
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Subject: Re: Breaking News: Obama is the 44th President Elect of the USA
Breaking News: Obama is the 44th President Elect of the USA