Tuesday, April 2, 2013

News you can't use (you know the rest)

Kim Jong Un rants and raves about wanting to pick a fight with South Korea and the U.S.
Give me a break. He could have the largest standing army in the world and it wouldn't make a lick of difference. What he doesn't have are the resources to fight a protracted war without outside help. He barely has the resources to feed the army he has. So it will be up to the Chinese and Russians to pull him back in line. 

Debt - Who has the biggest debts as compared to GDP?
Keep your eyes on Japan at 512%, the United Kingdom at 507% and Ireland at a whopping 663%.  Think of it this way it would be like buying a house that's over twice what you could afford. Rule of thumb being two and one half times your gross income. I was very aware of that fact when I bought my place and made sure I purchased something well below knowing that good times don't roll all the time.
You can just about predict by looking at the statistics who will be the next to fall.

Eurozone unemployment rate hits  12%
After waves of austerity programs and the latest bank account heist in Cyprus should anybody be surprised? Demand for any major product should be about all but dead. That leaves little left for income other than the less honest means such as gold brick salesman extortionist or kidnapper. Derivatives salesmen will have to re-brand themselves if they want to survive.

UN votes to regulate arms sales
Good luck with that little scheme. The idea is to keep weapons out of the hands of terrorists, insurgent fighters and organized crime. Oops looks like the U.S. is the first to break that law with its' intent to arm syrian fighters. Just have to leave a boxcar full of arms laying around and forget where you left it to get around that law

And speaking of guns the yahoos in one Georgia town want everybody to have a gun. 
The Nelson, Ga., City Council has unanimously passed a measure requiring every household to have a gun and ammunition.

That should give new meaning to the term "Saturday night special". Knowing Georgia as I do the good ole boys think nothing about a bottle of Jack and their trusty shootin iron for some saturday night fun. Just don't get caught in the crossfire when things get heated.   


S.W. Anderson said...
This comment has been removed by the author.
BBC said...

Interesting times for sure.

Randal Graves said...

Now I'm gonna go listen to some Skynyrd.

Ole Phat Stu said...

With nukes, there are no protracted wars :-(