Archive for the USA Category

Edward #Snowden Bust in Brooklyn Park (just for a few hours…)

Very cool: Activists erected a Snowden-Memorial in a park in NYC – police is furious and took it down quickly.

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Insane: mother jailed for letting 9-year old play alone

The Economist has a special on helicopter parents. Unbelievable: “In South Carolina this month Debra Harrell was jailed for letting […]

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Germans requesting asylum in USA for not being allowed to home-school in Germany

Lexington: The home-school conundrum | The Economist

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Senate Comittee Result of Goldman Sachs Inquiry

This is a really scary report regarding Goldman Sachs’ actions during the financial bust.  But the fact that such an […]

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What is the opposite of competition?

For Europeans the answer is "solidarity", for Americans it is "monopoly" (from the Economist: Charlemagne – Single Market Bargianing): "A […]

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US-Border Authority turns conference speaker away

A scary blog entry, and important information for anybody who is speaking at US conferences.

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Germans don’t like McCain.  Still was it really necessary to print this picture (right)?  But what is particularly interesting was […]

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How others see the USA

“Still not loved. Now not envied” – that’s the tag line of this Article on the world’s opinion on America (in the Economist, for a change a free-for-all). Interesting tidbit: America is the number one destination only for Indians – many more people would prefer to immigrate to Australia.

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Sell your house NOW!

Sell your house, unless it stands in Germany. For a while now the Economist warned about the real estate bubble. Now they claim that it’s about to burst, probably a year from now. Read their free leader – the detailed article (not free) is much more detailed and full of scary statistics. Here’s the essence of their message:

    “If weaker house prices push the economy towards recession, the awkward truth is that America’s policymakers will have much less room to manoeuvre than they did after the stockmarket bubble burst. Short-term interest rates of only 3% leave less scope for cuts. In 2000, America had a budget surplus. Today it has a large deficit, ruling out big tax cuts.

    The whole world economy is at risk. The IMF has warned that, just as the upswing in house prices has been a global phenomenon, so any downturn is likely to be synchronised, and thus the effects of it will be shared widely. The housing boom was fun while it lasted, but the biggest increase in wealth in history was largely an illusion.”

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ACLU Sues Rumsfeld

The American Civil Liberties Union claims that “Defense Secretary Donald Rumsfeld bears direct responsibility for the torture of detainees in U.S. custody”, and sued Rumsfeld and other top officials.

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