Tag Archives: europe

trump just keeps embarrassing us…

Well…if it wasn’t embarrassing enough to just have trump alive on the Earth and from the US, the idiot trump seems to be trying to be the most ridiculous world “leader” there has ever been. As you know, yesterday the idiot hid out in his hotel room instead of going to a memorial for fallen soldiers, saying that it was raining and if he couldn’t use our helicopters, he wasn’t going to go…after all, pulling up in a car doesn’t fluff his ego like one of our helicopters does and we all know he can’t work an umbrella anyway…and today, while the rest of the world’s leaders were walking down the Champs Elysees to show their solidarity and support for veterans across the world, trump was nowhere to be found…it appears that the “healthiest president in history” can’t walk a half mile…cripes he almost can’t walk up or down stairs without falling…I’ll bet the rest of the real world leaders were glad he wasn’t there…after all, they all know he is a lying idiot and talking to him is basically worthless so why would they want him there? Just another case where the idiot in chief has embarrassed us all…impeach…

The Europeans have trump figured out….

Well…in the midst of the idiot trump’s latest meltdown, I have been smiling a little about some articles that have come out across Europe that appear to have trump figured out…and the consensus? That trump is just dumb…and ignorant of even the basest knowledge of economics or how government works. Now, I know that this has never been said of a president (other than GW) in my lifetime and probably in the history of this country…and our allies in Europe have taken to openly laughing at basically anything idiot boy says or does as evidenced by the reaction to the dumbass pulling the US out of the Iran nuclear agreement and trying to re-impose sanctions on Iran while threatening Europe that they will be punished if the continue to trade with Iran…what was the response to this nonsense? Europe is sticking together to continue to abide by the agreement and is ignoring trump’s bluster since he will fold when pressured….just like he did with the China tariffs. When is it going to be time, repubs, that you will remove this stain on our country? Impeach….

Goodbye world leadership…

Well…with the debacle of a trip that the idiot trump had last week, I have to agree with Angela Merkle….the US is not seen as a world leader anymore…and she added that Europe will have to go it alone since they can no longer depend on the US. This appears to be exactly the script that Putin wrote…to split Europe away from the US and by electing the idiot boy,  sideline the US in the struggle for world power…and this was further emphasized by Russia deepening it’s ties with Italy just this past week. Most analysts thought that trump was actually working for the Russians since his atrocious behavior in Europe did nothing but help Putin by driving a wedge between the US and Europe…and came close to destroying the alliance that has kept the peace in Europe for more than 70 years. I wonder if this is “Making America Great Again”? Probably in the idiot trumps eyes but not in the world’s. I am astounded that this idiot took our world leadership and completely destroyed it in 4 months…and the destruction continues….impeach…

Trump truly is a baby…

Well….I am shaking my head with the despicable display that the idiot trump put on today in Europe…my god, what a frickin baby…to get to the center of a picture with our NATO allies, the baby actually pushed the PM of Montenegro out of the way…manhandling him like the thug that he is…and then he followed that up with an “Ugly American” speech to NATO members where he did nothing but bitch and complain that the NATO countries “owe” the US for being part of the alliance….and let’s top this debacle off with trump ranting that the Germans are “bad, bad people” and that he is going to stop them selling cars in the US…but the idiot doesn’t know that most of the cars they sell here are made here…so he is going to put thousands of Americans out of work just because of his ignorance?  I am just so damn tired of this ignorant asshole blowing up our status in the world…and the Europeans were openly laughing at him during his speech..this is making America the laughingstock of the world…impeach….

It’s Europe’s turn…

Well…after listening to the increasing drumbeat for war in Syria, one thing came to me that has not been mentioned much, other than on Kos…why are we so hot on attacking Syria and footing the bill for the whole thing? If you look at it with a non-neocon eye, you can see that Europe has at least as large of a GDP as the US does but even more to the point is that the conflict in Syria and the effects of the refugee crisis to come is going to affect Europe much more that it will us. I know that this has been a humanitarian crisis long before the use of chemical weapons and they are being used as an excuse for a bombing campaign, but there are many, many humanitarian crises across the globe…what makes this different? This is a question that no one has answered yet…what about the Arab league? Why can’t these folks do something? All I can say is that there are many other actors who should be involved before the US and I think it is time for them to step up and take some responsibility for their own region…let’s give our military the rest it has earned….12 years of constant war is just too much for our soldiers to bear.

As I said, austerity doesn’t work…

Well…I have had a few posts here that dealt with the severe austerity that has been imposed by the IMF on Europe (not the personal austerity that prompted me to try to use coffee grounds twice with no success), and have been adamant that trying to grow any economy with austerity just doesn’t work. I have even been supported by a Nobel prize winner, Paul Krugman, but anyone that has had Econ 101 would recognize that going against Keynes is a bad bet. Now, the IMF has come up with a report on the imposed austerity that has sent Europe back into recession saying that the negative multiplier effect (yeah, I know kind of an arcane term) is much larger for budget cuts than they thought it was. What this report said was that the estimate of .6 Euro in lower growth was wildly wrong when the data was in….the negative multiplier actually was closer to 1.5 Euros per dollar of cuts….which means that the planners in Greece, Spain, and Portugal were misled by the IMF and the austerity hawks into tanking their economies just to protect the banks and the rich…how many more times are we going to allow the rich to rig the game and steal more and more from the middle class across the world? The real problem here is that the IMF is not even reading their own reports since they are still pushing the austerity nonsense here in the US when they know that it will result in making the economy worse…right now, with the pushback on austerity by the dems, our economy is still growing which should be the model across the world instead of the crushing of middle classes to keep the banks happy…geez…

Last one for the month…maybe…

Well….they say that laughter can make you live years longer, if that’s true, I have to thank ole Mitt for extending my life for many, many more years with his gaffe filled overseas trip. Then, he forgot that there are other news organizations other than the fawning propaganda experts over at Fox and the fact that he is going to have to answer questions from people who want the truth…not the daily talking points. This idiot then even went on Fox to bitch about his missteps being covered instead of what he thinks they should cover….then, there was the column by Eugene Robinson that touched on the same theme I have touched on here many times…the fact that ole Mitt is so arrogant when it comes to his “accomplishments”, thinking that anyone should be able to do what he did no matter how they started out in life…no matter that he has been wealthy his whole life and used his daddy’s connections and his friends money to start Bain where he gutted companies for his own personal profit. It is like many of the rich that I have crossed paths with during my life…they just can’t understand why everyone can’t be a ceo of a family company, or can’t understand that it takes more than a year or so to go from an entry level job to vice president….it’s like these people are aliens…geez…

I told you so….about Europe….

Well..in an eye opening set of events that have happened over the past quarter have proven Keynes and me right on the failure of the austerity programs in Europe to lead to economic growth. I do want to say “I told you so” just because Keynes predicted that cutting spending during a recession would lead to lower growth, but also because the repubs here in the US are advocating exactly the same policies here…which will lead to exactly the same results that we now see in Europe…that the economies like Spain and England, who have made some of the largest cuts, are falling back into the first double dip recession in 40 years. New predictions that I read somewhere today (it may have been in the Guardian or the Post) put the predictions of European growth with the austerity programs in place at -.3% to flat or no growth in comparison to the US’s predicted growth of 1.8 to 2.9%. This just shows the the general Keynesian rule of running deficits while in a recession or a slow growth period is absolutely necessary to jump start the economy and these can be paid for when the economy gets to sustainable growth. I just wish the repubs would open their econ 101 textbooks and read a little…if they can read, that is…geez….

Just a short one on economics…

Well…I had this idea after reading quite a few articles on what is happening in Europe with the bailout in Greece and the continued focus on austerity and cutting spending. All of the statistics that we see from studies there that cite lower growth and the distinct possibility that Europe will fall back into recession (Portugal and Spain are already there) do nothing but to confirm what Keynes said about spending cuts….that in a recessionary environment government should deficit spend to replace consumer spending and keep the economy growing. But, what all of the governments of Europe have done is listen to the fiction about the bond hawks and the crazy notion that cutting spending will make economies grow…what they have done with the massive contraction of government spending and the severe cuts to wages and benefits of the workers is to ensure that their economies will contract…forcing another round of austerity that will further feed this downward spiral. At least here in the US, we have made a half-hearted attempt at a stimulus and have not listened to the nonsense of the repubs that cutting spending will spur growth…this only works when the economy is growing at a sustainable pace and inflation is a threat….and that is not true here with only a .2% increase in prices on January…leaving an acceptable 2.4% inflation projected for the year…geez…

Is anyone surprised?

Well… I have to laugh at the surprise that has been coming out of some quarters in Europe that the economy there has slowed markedly over the past few months with the head of the IMF now saying the continent will go back into recession this year. What did they expect? When you slash spending and pay for workers, the result has always been slowing growth…just as Keynes postulated in his economic theories that have been so derided by the right here in the US. One of the things that everyone seems to be ignoring in the headlong rush to austerity across the globe is that you can never cut your way to growth….that cuts in spending and infrastructure investment will certainly mean years of slower growth instead of the robust growth that comes from deficit spending in a recession. I feel we have lost the ability to be objective in economics as the partisanship of politics and ideology have blinded us to what works in climbing out of recession…but, I think that is the aim of the repubs with their only stated goal over the last 3 years is to defeat Obama; no matter how much damage is done to the country…geez…