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Comment Re:BS (Score 1) 431

Greece can even service the current debts if they are allowed to borrow at lower rates. That's essentially what the 'bailout' was - the ability to borrow at lower costs to re-finance the debts. Even simply extending the bailout program without imposing new austerity would have been enough to let Greece recover.

And if we continue an analogy with a household, right now Greece has a steady job with enough income to cover the expenses for a fairly well-off lifestyle. However, it has also a crippling underwater mortgage. For a household the simplest way out of this would be a bankruptcy and a new start.

But OK, suppose that we put the interests of the Holy German Empire on the front. The problem is, austerity actually HURTS the creditors by undermining Greek economy. There's really no reasons for austerity except for sadism of Merkel.

Comment Re:Outside help (Score 4, Informative) 431

If you do it by creating money out of thin air - yes, it shouldn't count as much. And that's what Germany and France were essentially doing all along.

And yes, I do have actual data to prove it: http://ec.europa.eu/eurostat/s...

If you check the numbers in details, it turns out that almost half of the German economic growth during the 2002-2008 period is solely because of this debt export to the periphery.

Comment BS (Score 0) 431

No, developers are not leaving Greece en-masse.

As for "nobody pays taxes in Greece" - the budget of Greece is actually BALLANCED. The government takes more in taxes than it pays its citizens.

Let me repeat it: THE BUDGET OF GREECE IS BALANCED.

The problem is that creditors want MOAR BLOOD from Greece, knowing perfectly well that it'll increase unemployment and general suffering.

Comment They're in the slow-start phase (Score 1) 688

Right now electric vehicles and plug-in hybrids are in the slow-start phase of growth. Technology is still new and costs a lot, and charging infrastructure is not yet 100% here.

However, we have made an amazing amount of progress already. I bought a Tesla about a month ago and I already have 5000 miles on its odometer, mostly from road trips. Most of the road trips required no planning at all thanks to the supercharger network ( http://supercharge.info/ ) that is already available. Some road trips required a bit more planning (checking for available Tesla destination charging or slow-chargers in hotels) but so far I had no problems with reaching a desired destination. And most of this infrastructure has been built during the last 3 years!

In 5 years once there are several affordable competing models with 300 miles of range and several supercharger networks, the real question for many people will be: "Why should I buy a gasoline car?"

Comment Re:LOX ... pure liquid oxygen (Score 1) 149

Yeah, we've all heard that tearful story about a worker dropping a wrench on asphalt and dying of explosion because someone spilled oxygen on it earlier. We tried to replicate that back we were students and even if you use pure tar mixed with porous sand, it just does not explode. It does not even burn unless you ignite it with a blowtorch.

How did we get liquid oxygen? Easy. Just use liquid nitrogen to condense it from air. One large dewar of LN2 nets you about 2 liters of LOX.

Comment Re: Nothing that money can't buy (Score 4, Interesting) 65

Which 'Hawaiians'? This group most certainly does not represent the majority of Hawaiians, nobody has elected them. They don't even represent the majority of natives, since they are not organized in a simple hierarchical way (unlike continental Native American tribes). I predict that the case will be dismissed for the lack of standing, eventually.

So yeah, these 'prote$ter$' can go and fuck themselves with a genetically modified papaya.

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