All notable battles over the last ten centuries – from Wikipedia’s List of Battles. Sizes of the explosions & labels are proportional to the number of casualties. Music: Ride Of The Valkyries, Richard Wagner.
For tomorrow’s top urban players in the global economy; look to the Eastern Hemisphere. McKinsey Report here.
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- Originally developed in the Soviet Union, serving as high-speed military transports. Details on these massive vehicles here.
«Economists are often asked to predict what the economy is going to do. But economic predictions require predicting what politicians are going to do – and nothing is more unpredictable.»
«The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.»
Hat Tip: Carpe Diem.
Michael Moore has been busy on the social media scene the last couple of days:
«In 2009 European governments, including Britain and France, sold Libya more than 470 million usd worth of weapons; fighter jets, guns and bombs. The Obama administration was working to provide Gaddafi another 77 million usd in weapons.»
The IRS decides to audit Ralph, and summons him to the IRS office. The IRS auditor is not surprised when Ralph shows up with his attorney.
The auditor says, ‘Well, sir, you have an extravagant lifestyle and no full-time employment, which you explain by saying that you win money gambling. I’m not sure the IRS finds that believable.’
The auditor thinks for a moment and said, ‘Okay. Go ahead.’
Ralph says, ‘I’ll bet you a thousand dollars that I can bite my own eye.’ The auditor thinks a moment and says, ‘It’s a bet.’
Ralph removes his glass eye and bites it.
The auditor’s jaw drops.
Ralph says, ‘Now, I’ll bet you two thousand dollars that I can bite my other eye.’
Now the auditor can tell Ralph isn’t blind, so he takes the bet.
Ralph removes his dentures and bites his good eye.
The stunned auditor now realizes he has wagered and lost three grand, with Ralph’s attorney as a witness. He starts to get nervous.
‘Want to go double or nothing?’ Ralph asks ‘I’ll bet you six thousand dollars that I can stand on one side of your desk, and pee into that wastebasket on the other side, and never get a drop anywhere in between.’
The auditor, twice burned, is cautious now, but he looks carefully and decides there’s no way this guy could possibly manage that stunt, so he agrees again.
Ralph stands beside the desk and unzips his pants, but although he strains mightily, he can’t make the stream reach the wastebasket on the other side, so he pretty much urinates all over the auditor’s desk.
The auditor leaps with joy, realizing that he has just turned a major loss into a huge win. But Ralph’s attorney moans and puts his head in his hands.
‘Are you okay?’ the auditor asks.
‘Not really,’ says the attorney. ‘This morning, when Ralph told me he’d been summoned for an audit, he bet me twenty-five thousand dollars that he could come in here and piss all over your desk and that you’d be happy about it.
«He’s no longer the Man Who Knows; he’s the man who presided over an economy careening to the worst economic crisis since the Great Depression — and who saw no evil, heard no evil, refused to do anything about subprime, insisted that derivatives made the financial system more stable, denied not only that there was a national housing bubble but that such a bubble was even possible.»
More via The Concience Of A Liberal.
Latest statement from Warren Buffett:
«There’s class warfare, all right. But it’s my class, the rich class, that’s making war, and we’re winning. »
Critical commentary from MarketWatch, in contrast to Forbes’ more cheerful take on Reaganomics. Be sure to read this WSJ-article as well:
«The real class war today is between government and the people who pay for it. And the government’s been winning.»