Archive for June 11th, 2011

June 11, 2011

Europe’s Left Crumbles

by Vince

The Economist explains that when economies tank, socialism typically falls out of favor:

There are many theories for the left’s weakness in Europe. One is simply that left-wing parties struggle when times are hard. Our chart shows the number of left-wing governments in the EU-27 countries over the past couple of decades against the annual GDP growth rate in the region. The growth figure is shown with a two-year lag, the hypothesis being that economic changes take time to have political effects.

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June 11, 2011

Global Military Spending in one graph

by Vince

The Economist captions:

ON JUNE 8th China’s top military brass confirmed that the

country’s first aircraft carrier, a refurbishment of an old Russian carrier, will be ready shortly. Only a handful of nations operate

carriers, which are costly to build and maintain. Indeed, Britain has recently decommissioned its sole carrier because of budget pressures. China’s defence spending has risen by nearly 200% since

2001 to reach an estimated $119 billion in 2010—though it has remained fairly constant in terms of its share of GDP. America’s own budget crisis is prompting tough discussions about its defence spending, which, at nearly $700 billion, is bigger than that of the next 17 countries combined.

 

 

June 11, 2011

Weekend Question

by Vince

Email your thoughts, answers, or comments to vgiordano at gmail dot com. Your comments can then be shared here for others to read (your name can be kept anonymous if you like).

I borrowed this from Ezra Klein only after reading this:

Sen. Claire McCaskill (D-Mo.) said that after a year-long investigation by a Senate subcommittee, “it’s becoming increasingly clear that our efforts to rein in the narcotics trade in Latin America, especially as it relates to the government’s use of contractors, have largely failed.”

With that said, Klein poses a good question:

What alignment of political forces and events would be needed for America to seriously rethink its drug laws? Would it have to begin in the states? Is it something a law-and-order Republican needs to do?

What do you think?

June 11, 2011

“You Just Don’t Get It, Do You?” – A Montage

by Vince
June 11, 2011

Fly Away to Venice Beach

by Vince

With all of the successive heat warning days in the mid to upper 90’s this past week, I share this video.