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It was phony in the sense, that the US will still be able to afford debt payments. However if the debt ceiling was not rasied, it would have told international credit markets, that the US is run by lunatics, and it would have harmed America's credit rating. Credit ratings are based on...

Cutting spending doesn't stimulate anything (Cutting taxes on the middle class does). That said the US deficit is out of control, and if left unchecked could harm interest rates, which would be detremental to the economy. Cut defence spending, end the empire, cut middle class taxes, hike up...

ww2 wreckage.

A reasonable and measured response.

Does anyone watch Russia Today?

Beck has said worse, 33 seconds in.

Glenn Beck - Too crazy for Fox News

you cant patent something that is public knowledge.

Go to google patents and type the patent number into the search bar. The diagrams are irrelevant from a legal standpoint, only the claims matter.

It will be interesting to see how this goes in Europe as the EPO are very methodical and German about patent claims.

A patent doesn't cover the invention, it covers what the you claim the invention does. I haven't read either patent but if the claims are broad generalisations then Apple could lose the patent in litigation. I work on patents for an electircal engineering company and I can tell you the USPTO do...

What is so baffling about ancient civilizations in the fertile crescent. Agricultural surplus = spare time for other stuff

what a paw'r decision. ...I was just leaving.

Unless he had hard evidence

Sweden has abudent natural resources. It also is not a marxist country and has a market economy. I'm getting the impression you have no idea what the hell you talking about. Are you a marxist or not? The fact that you called the economic calculation problem, the 'circulation problem' tells me...

What do you think should replace the market? The market is the only system to ever solve the economic calculation problem. Norway has a ton of oil and the Irish are a bunch of drunks? I'm not following you.

Depends the country and the sector of the economy. You can support any economic theory you want by honing in on a certian sector, but you can't really compare the German automotive industry and the American financial industry.

Sounds like it's you that needs their horizons expanded, if you think Marx has anything credible to say on economics. Marxism can be refuted in three words; economic calculation problem.

I think the buddhist version of the swastika is banned in Austria.

A German with a sense of humour isn't newsworthy?