Image via WikipediaIn looking at this, I have to say what buffoon. Paul Krugman can't be serious, I mean how can these people write this and expect us to take them seriously? Our country is 14 trillion in debt and this clown thinks we need to redistribute wealth and spend more money. Ok, lets see if I understand this, I am broke, my credit card is maxed out and I need a credit line increase so I can spend even more money? Yeah, I am pretty sure I would get an "F" if I wrote a term paper in an economics lab and used that theory. New York Times - Start with the economics. We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And we will probably have a depressed economy through 2013 as well, if not beyond.
The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further. Pay no attention to those who invoke the confidence fairy, claiming that tough action on the budget will reassure businesses and consumers, leading them to spend more. It doesn’t work that way, a fact confirmed by many studies of the historical record.
Indeed, slashing spending while the economy is depressed won’t even help the budget situation much, and might well make it worse. On one side, interest rates on federal borrowing are currently very low, so spending cuts now will do little to reduce future interest costs. On the other side, making the economy weaker now will also hurt its long-run prospects, which will in turn reduce future revenue. So those demanding spending cuts now are like medieval doctors who treated the sick by bleeding them, and thereby made them even sicker.
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LIMA, Ohio - July 13, 2011 - On a night where young guns seemed to rule the Ohio Logistics Brad Doty Classic at Limaland Motorsports Park, it was four-time World of Outlaws Sprint Car Series champion Donny Schatz who proved experience is crucial when it comes taking the checkered flag. Schatz charged through the field, battling Brad Sweet and Sam Hafertepe Jr., before finally securing the lead on Lap 32 to score his third win of the season, and move back atop the series standings.
From the Williams Northern Light:
On June 4th North Star Electric co-op received calls that some members south of Baudette were out of power.
Linemen responded but were unable to easily identify the outrage cause. The beavers had been living up to their stereotype , and the linemen needed to patrol
three miles of line through flooded swamp.
Linemen Tim Pelach set out in his hip-waders to patrol the line from the north. The rest of the crew drove the 18 miles around the swamp to the other side to their
work on the three-mile stretch of line from the south.
Tim waded through waist-high water several times as he passed beaver dams, and it was he who came across tow poles leaning severely toward the grade due to flooded conditions.
The wire that would have been energized before the outage was just 2& 1/2 feet from the grade.
Confidence from finding the cause of the outage quickly turned to a bit of alarm when saw a large bear. The minute or two of determining if it was alive or dead was tense.
Linemen experience a wide range of situations and levels of danger, but this was a first. What they found was not only one dead bear, but also an estimated four deer, seven
wolves, and another five bears—all had apparently been electrocuted.
North Star Electric Co-op contacted the DNR to report the incident.
