1

2 What happens when the music stops and there are no chairs? Thank you all, by the way, for bailing out California next year. We have already spent your money wisely.

3 Federal Judge orders website to take down unauthorized excerpts of Sarah Palin's book

4 So who's  more boned: California or Europe?
I suspect California is.  At least the Europeans are trying to head this off.
We in California went full Thelma and Loius: we stomped on the accelerator and are currently in mid-flight.

5 As the article notes, we're facing shortages as well, but we've got domestic sources that Europe doesn't

Which the EPA will forbid us to touch if some San Francisco judge doesn't decree it first. We've got plenty of oil here too, can't touch it. King Barry is working on making sure the abundance of coal we have stays underground too.

6 4 So who's  more boned: California or Europe?
I suspect California is.  At least the Europeans are trying to head this off.
We in California went full Thelma and Loius: we stomped on the accelerator and are currently in mid-flight.
Posted by: RayJ at November 21, 2010 01:03 AM

I've read posts of some Californians on other sites who say that the rest of the nation will come to our senses and return to the socialism that CA enjoys, because Californians are just so much smarter

Quick retort: "So when can we expect the brilliant Californians to bail out the rest of America?"

7 Didn't they just discover Trillions of dollars worth of rare earth minerals in Afghanistan?

Seems to me after all we've spent on those people, we should get some benefits by helping to develop their natural resources and become a preferred customer. Maybe some of those goat farmers and poppy farmers could learn a new trade.. mining!

8

Fritzworth, did Ace say to go ahead and post?  As far as I know, Ace hasn't called open blog.  He said he'd be leaving Monday.  You might check with him.

Also, do you use a different name in comments?

9 Been to Europe once, about 5 years ago. Wife and I went to Rome for 10 days. If you go to Rome, don't overlook 2 spots outside the city: Ostia antiqa and Hadrian's Villa. Lot of great stuff in Rome too. You'll need a couple of days for Vatican City alone. The pizza, well, you can get better in Portland, OR.

10 So at what point does anyone truly admit that socialism, still for the fucking umpteenth time, doesn't work.  Yet we still have douche nozzles over here spouting off about how great it is while Europe crumbles from it.

11 I read somewhere that we are actually in somewhat of a silent trade war with China at the moment over precious metals.

12 Sock Puppet 5000: "So at what point does anyone truly admit that socialism, still for the fucking umpteenth time, doesn't work."

Why, never, because socialism hasn't been done right yet, Silly.

13 fire up the printing presses! the EU is not going down. Yet.

14 @12

I'm gonna try and be positive about it and just say that it's working, it's just that the desired result is anarchy and chaos.  Hope Krugman is prepared to have to yell, "I've got the conche!" 

15 People need to stop pretending that Europe is one entity. The countries that are gonna fuck up spectacularly are clearly known, but it's unlikely that the Europe that matters--UK, France, and Germany--will implode and drag the rest of the continent with it. There'll be a euro at least until the next generation. California is PIGS, and Texas is France, UK, and Germany combined.

16 Funny. In 1935 Adolf Hitler started to create what he called the "great society", and today they are living it out there. In the end there will be only Germany, with everyone else sucking from the tit of the Fatherland. This time it will be (fill in the blank), that Germans annihilate, but in the end Germany will control Europe, and possibly the world.

17

Have a nice trip.  You'll find that Europe is doing fine.  It looks like it did a few years ago and the people are just as friendly and genuine as before.

 

Aside from their looming problems, it's a great place to visit and will still be a great place to visit in the future.  Maybe your trip will provide a bit of perspective and context.

18 We are already bailing out CA to the tune of 12B a year for unemployment "loans". That doesn't include the trillions that go to every large urban area for everything from welfare to failing school systems.

The tit needs to dry up.

19 umm...fluorite and graphite aren't metals

and that whole paper is just one giant exercise in central planning...ugh

20 BTW, I am waiting for CA residents to load up their belongings on their Priuses and head out.

Nothing like the vision of a broken down Prius with a mattress tied to the top heading into OK and the panhandle of TX looking for a new home.

How about a black and white photo of a CA woman, old before her time, sitting at the roadside in OK with a child in her lap and a "thousand yard stare".

21 One thing all these so-called studies keep ignoring in their prediction that China will take over the world economically is that China is entirely 'export driven". If everyone is broke there will be no exports.

One-way balance of trade issues don't last long. In the end trade ALWAYS balances whether politics tries to interfere or not.

22 >>I read somewhere that we are actually in somewhat of a silent trade war with China at the moment over precious metals. rare earth metals. I've been saying for some time that Europe is in far worse shape than we are. They are going down hard and they don't have the infrastructure nor the demographics that we do. Unfortunately, we are going to feel their pain.

23 Funny. In 1935 Adolf Hitler started to create what he called the "great society", and today they are living it out there. In the end there will be only Germany, with everyone else sucking from the tit of the Fatherland. This time it will be (fill in the blank), that Germans annihilate, but in the end Germany will control Europe, and possibly the world.

Our place in the sun, yes.  You think some third-rate watercolor painter started all this?!

24

16  How pray tell are the Germans going to take over the world and/or annihilate anyone when they don't have the manpower for it?  Unless of course you mean a potential "new" batch of Germans -- aka. Turks (some of whom already call Germany "West Turkey").

Heidi and Hans didn't get down and raise those young 'uns like they should have...it's just not sophisticated and, well, European; the consequences are a bitch.

25 24

16  How pray tell are the Germans going to take over the world and/or annihilate anyone when they don't have the manpower for it?  Unless of course you mean a potential "new" batch of Germans -- aka. Turks (some of whom already call Germany "West Turkey").

Heidi and Hans didn't get down and raise those young 'uns like they should have...it's just not sophisticated and, well, European; the consequences are a bitch.

Posted by: unknown jane at November 21, 2010 11:15 AM (5/yRG)

When Germany is run by Turks it won't be Germany.  It takes Germans to make a Germany. It takes Kemal Attaturk to make modern Turkey.  Those will both be gone with the up and coming Islamist Turkey and the Turkish Germany. 

26

See, this is why the whole envrio-luddite movement is killing us. We've got tons of resources. We're one of the richest nations on the planet it terms of resources, but they won't let us get them.

Its especially ironic that California has tremendous wealth, but their leaders keep placing it out of bounds. They killed their argi-industry, they won't exploit their oil, and who know what other mineral wealth is sitting out there churned up by their active fault system. All I hope is that when the feds take them over, they lose their electoral votes.

 

27 25  That's basically what I was getting at Minuteman.

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