<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-2152431483573058831</id><updated>2012-01-27T19:39:47.939-08:00</updated><title type='text'>RIGHTOR??</title><subtitle type='html'>A Blog about Life Politics and Finance. Find info on sites like FHU.COM</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default?start-index=101&amp;max-results=100'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>1432</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-6365927241356613047</id><published>2012-01-27T19:22:00.000-08:00</published><updated>2012-01-27T19:22:28.035-08:00</updated><title type='text'>CONTINUED CENSORSHIP BEING USED ON INTERNET FOR POLITICS...   TECHNOLOGY ‘TWEETS MUST STILL FLOW’ IN SOME COUNTRIES BUT NOT OTHERS</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="post-title" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;continued CENSORSHIP being used on internet for Politics...&amp;nbsp;&lt;/span&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;TECHNOLOGY&lt;/span&gt;‘TWEETS MUST STILL FLOW’ IN SOME COUNTRIES BUT NOT OTHERS&lt;/h1&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; 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padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Posted on January 27, 2012 at 12:57pm by&amp;nbsp;&lt;img alt="Liz Klimas" class="photo" height="17" src="http://www.theblaze.com/wp-content/uploads/userphoto/elizabeth-klimas.thumbnail.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;" width="17" /&gt; &lt;a href="http://www.theblaze.com/blog/author/elizabeth.klimas" rel="author" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 13px; font-style: normal; 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outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;Comments&amp;nbsp;&lt;span class="num"&gt;(1)&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;div class="clearfix" id="postContent" style="display: block; padding-bottom: 10px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;img alt="Twitter Announces It Will Block Tweets in Some Countries" class="size-large wp-image-231288 alignright" height="273" src="http://www.theblaze.com/wp-content/uploads/2012/01/Twitter1-620x455.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 10px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-align: left;" title="Twitter" width="372" /&gt;SAN FRANCISCO (The Blaze/AP) — In what seems like a slightly reluctant move, Twitter has refined its technology so it can censor messages on a country-by-country basis. This means that the site will block a tweet containing content that could be breaking the law in a country — but for that country only.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;In a&amp;nbsp;&lt;a href="http://blog.twitter.com/2012/01/tweets-still-must-flow.html" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;blog post&lt;/a&gt;&amp;nbsp;entitled Tweets Must Still Flow, Twitter states:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;As we continue to grow internationally, we will enter countries that have different ideas about the contours of freedom of expression. Some differ so much from our ideas that we will not be able to exist there. Others are similar but, for historical or cultural reasons, restrict certain types of content, such as France or Germany, which ban pro-Nazi content.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Until now, the only way we could take account of those countries’ limits was to remove content globally. Starting today, we give ourselves the ability to reactively withhold content from users in a specific country — while keeping it available in the rest of the world. We have also built in a way to communicate transparently to users when content is withheld, and why.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;This additional flexibility announced Thursday is likely to raise fears that Twitter’s commitment to free speech may be weakening as the short-messaging company expands into new countries in an attempt to broaden its audience and make more money.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;But Twitter sees the censorship tool as a way to ensure individual messages, or “tweets,” remain available to as many people as possible while it navigates a gauntlet of different laws around the world.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Twitter will post a censorship notice whenever a tweet is removed. That’s similar to what Internet search leader Google Inc. has been doing for years when a law in a country where its service operates requires a search result to be removed.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Like Google, Twitter also plans to the share the removal requests it receives from governments, companies and individuals at the chillingeffects.org website.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;The similarity to Google‘s policy isn’t coincidental. Twitter’s general counsel is Alexander Macgillivray, who helped Google draw up its censorship policies while he was working at that company.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;“One of our core values as a company is to defend and respect each user’s voice,” Twitter wrote in the blog post. “We try to keep content up wherever and whenever we can, and we will be transparent with users when we can’t. The tweets must continue to flow.”&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Twitter, which is based in San Francisco, is tweaking its approach now that its nearly 6-year-old service has established itself as one of the world’s most powerful megaphones. Daisy chains of tweets already have played instrumental roles in political protests throughout the world, most notably in the uprising that overthrew Egypt’s government a year ago.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;It’s a role that Twitter has embraced, but the company came up with the new filtering technology in recognition that it will likely be forced to censor more tweets as it pursues an ambitious agenda. Among other things, Twitter wants to expand its audience from about 100 million active uses now, to more than 1 billion.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Reaching that goal will require expanding into more countries, which will mean Twitter will be more likely to have to submit to laws that run counter to the free-expression protections guaranteed under the First Amendment in the U.S.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;If Twitter defies a law in a country where it has employees, those people could be arrested. That’s one reason Twitter is unlikely to try to enter China, where its service is currently block. Google for several years agreed to censor its search results in China to gain better access to the country’s vast population, but stopped that practice two years after engaging in a high-profile showdown with China’s government. Google now routes its Chinese search results through Hong Kong, where the censorship rules are less restrictive.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;In its Thursday blog post, Twitter said it hadn’t yet used its ability to wipe out tweets in an individual country. All the tweets it has previously censored were wiped out throughout the world. Most of those included links to child pornography.&lt;/div&gt;&lt;/div&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2152431483573058831-6365927241356613047?l=heavenbounf.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='related' href='http://www.theblaze.com/stories/tweets-must-still-flow-in-some-countries-but-not-others/' title='CONTINUED CENSORSHIP BEING USED ON INTERNET FOR POLITICS...   TECHNOLOGY ‘TWEETS MUST STILL FLOW’ IN SOME COUNTRIES BUT NOT OTHERS'/><link rel='replies' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/6365927241356613047/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=2152431483573058831&amp;postID=6365927241356613047' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/6365927241356613047'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/6365927241356613047'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/2012/01/continued-censorship-being-used-on.html' title='CONTINUED CENSORSHIP BEING USED ON INTERNET FOR POLITICS...   TECHNOLOGY ‘TWEETS MUST STILL FLOW’ IN SOME COUNTRIES BUT NOT OTHERS'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-4293550090039785543</id><published>2012-01-27T19:16:00.000-08:00</published><updated>2012-01-27T19:16:15.904-08:00</updated><title type='text'>And so it continues to roll down hill----FINANCE FITCH GOES ON A DOWNGRADE SPREE, 5 EU NATIONS HIT</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="post-title" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;&lt;img class="sg_t" src="http://ts1.mm.bing.net/images/thumbnail.aspx?q=1521180225572&amp;amp;id=6bc458bc1019952d8c61d8f221df9a95&amp;amp;url=http%3a%2f%2fblogs-images.forbes.com%2fbenkerschberg%2ffiles%2f2011%2f04%2fEU-Map-Source-mappery.com_.jpeg" style="height: 175.83333333333334px; left: 0px; top: 0px; width: 250px;" /&gt;&lt;/span&gt;&lt;img class="sg_t" src="http://ts3.mm.bing.net/images/thumbnail.aspx?q=1519892826158&amp;amp;id=4e1f26a3cc5ea34989091e2bf0cb8631&amp;amp;url=http%3a%2f%2f3.bp.blogspot.com%2f_NPtSnyg9sbY%2fTPtY6kw7fUI%2fAAAAAAAAAhM%2f4ouBDTjupDU%2fs1600%2fupl__EU.jpg" style="height: 250px; left: 0px; top: 0px; width: 250px;" /&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;FINANCE&lt;/span&gt;FITCH GOES ON A DOWNGRADE SPREE, 5 EU NATIONS HIT&lt;/h1&gt;&lt;ul class="tools" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; list-style-image: initial; list-style-position: outside; list-style-type: none; margin-bottom: 5px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;li class="posted" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Posted on January 27, 2012 at 3:49pm by&amp;nbsp;&lt;img alt="Becket Adams" class="photo" height="17" src="http://www.theblaze.com/wp-content/uploads/userphoto/becketadams.thumbnail.jpg" style="border-bottom-width: 0px; 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width: 110px;" title="Twitter Tweet Button"&gt;&lt;/iframe&gt;&lt;/li&gt;&lt;li class="comments" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 5px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;a href="http://www.theblaze.com/stories/fitch-goes-on-a-downgrade-spree-5-eu-nations-hit/#comments" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;Comments&amp;nbsp;&lt;span class="num"&gt;(22)&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;div class="clearfix" id="postContent" style="display: block; padding-bottom: 10px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;U.S. ratings agency Fitch has downgraded the credit ratings for five European nations including leading economic heavyweights Italy and Spain.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;The agency on Friday lowered credit ratings for the five nations by one notch and placed a negative outlook on all of them, as well as on Ireland. Those nations downgraded included Belgium, Cyprus, Italy, Slovenia and Spain.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Italy went down to A- credit rating while Spain was downgraded to A. Ireland’s BBB+ rating was affirmed but it also received a negative outlook.&lt;/div&gt;&lt;ul style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; list-style-image: initial; list-style-position: initial; list-style-type: disc; margin-bottom: 18px; margin-left: 20px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Belgium: AA+ to AA&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Spain: AA- to A&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Italy: A+ to A-&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Cyprus: BBB to BBB-&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Slovenia: AA- to A&lt;/li&gt;&lt;/ul&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Fitch Ratings blamed the revisions on “the marked deterioration in the economic outlook” in Europe and “the absence of a credible financial firewall against contagion and self-fulfilling liquidity crises.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;It said that European leaders “gradualist” approach to tackling the crisis meant that Europe will continue to face episodes of severe financial volatility that would erode government’s ability to repay debt.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;European leaders have been criticized for moving too slowly in tackling the crisis, which started in October 2009 when Greece admitted it was in deep financial trouble. Led by Germany, the eurozone’s largest member, governments have resisted sweeping solutions such as pooling their borrowing power in so-called eurobonds and have balked at increasing the financing of their bailout funds from €500 billion. Efforts have focused instead on making bailed-out countries try to cut spending and reduce their budget deficits. The 17 members have also agreed to come up with a treaty requiring national laws to limit deficits.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;At the World Economic Forum gathering in Davos this week, leading European finance chiefs have sought to reassure anxious global business leaders that Europe is on track to solve its debt crisis.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Fitch said the eurozone’s difficulties would be compounded by a shrinking economy, now that many economists expect at least a mild recession.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Judging by the wording of the Fitch report, the agency doesn’t seem to have a lot of faith in the EU to resolve its financial issues (via&amp;nbsp;&lt;a href="http://www.businessinsider.com/fitch-goes-on-rampage-cuts-spain-italy-and-belgium-2012-1" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;Business&amp;nbsp;Insider&lt;/a&gt;):&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;em&gt;In Fitch’s opinion, the eurozone crisis will only be resolved as and when there is broad economic recovery. It is evident that further substantial reforms of the governance of the eurozone will be required to secure economic and financial stability, including greater fiscal integration.&lt;/em&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;However, as BI notes, perhaps these downgrades shouldn’t come as a huge shock, especially “after&amp;nbsp;&lt;a href="http://www.businessinsider.com/sp-downgrades-europe-2012-1" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;S&amp;amp;P cut the long-term issuer ratings of nine eurozone countries two weeks ago&lt;/a&gt;.”&lt;/div&gt;&lt;h2 style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;&lt;a href="http://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=740895&amp;amp;cm_sp=homepage-_-FeaturedContentLink-_-Learn%20more" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: inherit; font-size: 40px; font-style: normal; font-weight: bold; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: none;" target="_blank"&gt;&lt;strong&gt;READ THE FULL FITCH RELEASE HERE&lt;/strong&gt;&lt;/a&gt;&lt;/h2&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2152431483573058831-4293550090039785543?l=heavenbounf.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='related' href='http://www.theblaze.com/stories/fitch-goes-on-a-downgrade-spree-5-eu-nations-hit/' title='And so it continues to roll down hill----FINANCE FITCH GOES ON A DOWNGRADE SPREE, 5 EU NATIONS HIT'/><link rel='replies' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/4293550090039785543/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=2152431483573058831&amp;postID=4293550090039785543' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/4293550090039785543'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/4293550090039785543'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/2012/01/and-so-it-continues-to-roll-down-hill.html' title='And so it continues to roll down hill----FINANCE FITCH GOES ON A DOWNGRADE SPREE, 5 EU NATIONS HIT'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-548124888034573889</id><published>2012-01-27T19:04:00.000-08:00</published><updated>2012-01-27T19:04:47.205-08:00</updated><title type='text'>SCIENTIST CALLING OUT THE EXTREMIST----16 SCIENTISTS HAVE A MESSAGE FOR ELECTED OFFICIALS ON GLOBAL WARMING: ‘DRASTIC ACTION’ UNNECESSARY</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="post-title" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;Scientist Calling out the EXTREMiST----16 SCIENTISTS HAVE A MESSAGE FOR ELECTED OFFICIALS ON GLOBAL WARMING: ‘DRASTIC ACTION’ UNNECESSARY&lt;/h1&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;ul class="tools" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; list-style-image: initial; list-style-position: outside; list-style-type: none; margin-bottom: 5px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;li class="posted" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 13px; font-style: normal; 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width: 110px;" title="Twitter Tweet Button"&gt;&lt;/iframe&gt;&lt;/li&gt;&lt;li class="comments" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 5px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;a href="http://www.theblaze.com/stories/16-scientists-have-a-message-for-elected-officials-on-global-warming-drastic-action-unnecessary/#comments" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;Comments&amp;nbsp;&lt;span class="num"&gt;(33)&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;div class="clearfix" id="postContent" style="display: block; padding-bottom: 10px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;img alt="16 Scientists Tell Elected Officials to Support Climate Research Not Drastic Action Curb Global Warming" class="size-full wp-image-231486 alignright" height="212" src="http://www.theblaze.com/wp-content/uploads/2012/01/Artic-ice.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 10px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-align: left;" title="Artic ice" width="355" /&gt;A wide range of scientists and engineers from institutions around the world have signed an opinion piece published in the Wall Street Journal&lt;a href="http://online.wsj.com/article/SB10001424052970204301404577171531838421366.html?mod=rss_opinion_main" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;with a message for elected officials and candidates&lt;/a&gt;&amp;nbsp;with regard to global warming.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Here‘s the gist of the 16 scientists’ message addressing the growing political sentiment that something must be done for the environment before it’s too late:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;There is no compelling scientific argument for drastic action to “decarbonize” the world’s economy.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;So why are many scientists and those in public office pushing an alarmist message that the world is already behind on curbing the effects of man-made global warming? (Related: See&amp;nbsp;&lt;a href="http://www.theblaze.com/?s=united+nations+climate+conference" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;The Blaze coverage&lt;/a&gt;&amp;nbsp;of the United Nation’s climate conferences) The scientists write that there are many reasons but suggest we first look at “cui bono?”, which means “as a benefit to whom”. Translated into today’s language, the scientists write to “follow the money”. The scientists expound on this idea:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Alarmism over climate is of great benefit to many, providing government funding for academic research and a reason for government bureaucracies to grow. Alarmism also offers an excuse for governments to raise taxes, taxpayer-funded subsidies for businesses that understand how to work the political system, and a lure for big donations to charitable foundations promising to save the planet.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;[...]&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Even if one accepts the inflated climate forecasts of the IPCC, aggressive greenhouse-gas control policies are not justified economically.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;A recent study of a wide variety of policy options by Yale economist William Nordhaus showed that nearly the highest benefit-to-cost ratio is achieved for a policy that allows 50 more years of economic growth unimpeded by greenhouse gas controls. This would be especially beneficial to the less-developed parts of the world that would like to share some of the same advantages of material well-being, health and life expectancy that the fully developed parts of the world enjoy now. Many other policy responses would have a negative return on investment. And it is likely that more CO2 and the modest warming that may come with it will be an overall benefit to the planet.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;The scientists write in the piece that those considered “heretics” in the climate science world&amp;nbsp;is growing over the “collection of stubborn scientific facts”, most notable of which is “the lack of global warming for well over 10 years now.” The scientists suggest that the International Panel for Climate Change’s models are “greatly exaggerated” as to the warming caused by an increase in CO2 levels.&lt;/div&gt;&lt;div class="wp-caption alignright" id="attachment_231482" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(51, 51, 51); border-top-style: solid; border-top-width: 4px; float: right; line-height: 18px; margin-bottom: 10px; margin-left: 10px; margin-right: 0px; margin-top: 10px; padding-left: 0px; padding-right: 0px; text-align: center; width: 244px;"&gt;&lt;img alt="16 Scientists Tell Elected Officials to Support Climate Research Not Drastic Action Curb Global Warming" class="size-full wp-image-231482 " height="207" src="http://www.theblaze.com/wp-content/uploads/2012/01/Chris-de-Freitas_U-of-Aukland.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: inline; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 5px; margin-right: 5px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;" title="Chris de Freitas_U of Aukland" width="234" /&gt;&lt;div class="wp-caption-text" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #888888; font-family: inherit; font-size: 12px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 5px; margin-left: 5px; margin-right: 5px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Chris de Freitas (Photo: University of Aukland)&lt;/div&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;The scientists state that even younger generations of scientists have their “doubts” but are afraid to voice these opinions:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;They have good reason to worry. In 2003, Dr. Chris de Freitas, the editor of the journal Climate Research, dared to publish a peer-reviewed article with the politically incorrect (but factually correct) conclusion that the recent warming is not unusual in the context of climate changes over the past thousand years. The international warming establishment quickly mounted a determined campaign to have Dr. de Freitas removed from his editorial job and fired from his university position. Fortunately, Dr. de Freitas was able to keep his university job.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;What the scientists suggest elected officials and candidates do is throw their support behind research seeking to better understand the climate as a whole, without an agenda to prove or disprove man-made global climate change in background.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Here is a full list of the scientists who signed the piece:&amp;nbsp;Claude Allegre, former director of the Institute for the Study of the Earth, University of Paris; J. Scott Armstrong, cofounder of the Journal of Forecasting and the International Journal of Forecasting; Jan Breslow, head of the Laboratory of Biochemical Genetics and Metabolism, Rockefeller University; Roger Cohen, fellow, American Physical Society; Edward David, member, National Academy of Engineering and National Academy of Sciences; William Happer, professor of physics, Princeton; Michael Kelly, professor of technology, University of Cambridge, U.K.; William Kininmonth, former head of climate research at the Australian Bureau of Meteorology; Richard Lindzen, professor of atmospheric sciences, MIT; James McGrath, professor of chemistry, Virginia Technical University; Rodney Nichols, former president and CEO of the New York Academy of Sciences; Burt Rutan, aerospace engineer, designer of Voyager and SpaceShipOne; Harrison H. Schmitt, Apollo 17 astronaut and former U.S. senator; Nir Shaviv, professor of astrophysics, Hebrew University, Jerusalem; Henk Tennekes, former director, Royal Dutch Meteorological Service; Antonio Zichichi, president of the World Federation of Scientists, Geneva.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Related: Last year, nobel prize winner&amp;nbsp;Dr. Ivar Giaever&amp;nbsp;&lt;a href="http://www.theblaze.com/stories/nobel-prize-winner-resigns-over-an-incontrovertible-stance-on-global-warming/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;resigned from the&amp;nbsp;American Physics Society&lt;/a&gt;&amp;nbsp;over its “incontrovertible” position on global warming.&lt;/div&gt;&lt;/div&gt;Watch more videos&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2152431483573058831-548124888034573889?l=heavenbounf.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='related' href='http://www.theblaze.com/stories/16-scientists-have-a-message-for-elected-officials-on-global-warming-drastic-action-unnecessary/' title='SCIENTIST CALLING OUT THE EXTREMIST----16 SCIENTISTS HAVE A MESSAGE FOR ELECTED OFFICIALS ON GLOBAL WARMING: ‘DRASTIC ACTION’ UNNECESSARY'/><link rel='replies' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/548124888034573889/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=2152431483573058831&amp;postID=548124888034573889' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/548124888034573889'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/548124888034573889'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/2012/01/scientist-calling-out-extremist-16.html' title='SCIENTIST CALLING OUT THE EXTREMIST----16 SCIENTISTS HAVE A MESSAGE FOR ELECTED OFFICIALS ON GLOBAL WARMING: ‘DRASTIC ACTION’ UNNECESSARY'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-7665905926586890058</id><published>2012-01-27T18:38:00.000-08:00</published><updated>2012-01-27T18:44:08.385-08:00</updated><title type='text'>Germany will Rule Greece----The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence..</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="title" style="color: black; font-size: 1.25em; font-weight: bold; line-height: 21px; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; padding-bottom: 5px;"&gt;Germany will Rule Greece----The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence..&lt;/h1&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;( This is what happens when others control your money and your future.....Bet they ,the Greeks,didn't know they were signing up for this.)&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 10px; line-height: 17px;"&gt;Submitted by&amp;nbsp;&lt;a href="http://www.zerohedge.com/users/tyler-durden" style="color: #1e439a; text-decoration: none;"&gt;Tyler Durden&lt;/a&gt;&amp;nbsp;on 01/27/2012 15:39 -0500&lt;/span&gt;&lt;span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; line-height: 17px;"&gt;&lt;br /&gt;&lt;span class="taxonomy" style="color: black; display: block; font-size: 0.8em; margin-bottom: 15px; margin-top: 15px; padding-left: 1.5em; width: 816px;"&gt;&lt;ul class="links inline" style="color: black; display: inline; font-size: 0.9em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"&gt;&lt;li class="taxonomy_term_7 first" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/7" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;default&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_9235" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/9235" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;European Central Bank&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_8300" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/8300" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;Germany&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_11787" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/11787" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;Greece&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_158" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/158" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title="headlines"&gt;headlines&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_9215" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/9215" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;International Monetary Fund&lt;/a&gt;&lt;/li&gt;&amp;nbsp;&lt;li class="taxonomy_term_9184 last" style="display: inline; list-style-type: none; padding-bottom: 0px; padding-left: 0.5em; padding-right: 0.5em; padding-top: 0px;"&gt;&lt;a href="http://www.zerohedge.com/taxonomy_vtn/term/9184" rel="tag" style="color: #1e439a; font-weight: bold; text-decoration: none;" title=""&gt;Reuters&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;div class="content" style="font-size: 13px; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em;"&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;&lt;em&gt;&lt;strong&gt;Update 2:&amp;nbsp;&lt;/strong&gt;&lt;/em&gt;the first local headlines are coming in now, from Spiegel:&amp;nbsp;&lt;a href="http://www.spiegel.de/politik/ausland/0,1518,811922,00.html" style="color: #1e439a; text-decoration: none;"&gt;Griechenland soll Kontrolle über Haushalt abgeben&lt;/a&gt;(loosely&amp;nbsp;&lt;em&gt;Greece must give up domestic control&lt;/em&gt;), and&amp;nbsp;&lt;em&gt;Kathimerini:&amp;nbsp;&lt;a href="http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_27/01/2012_424788" style="color: #1e439a; text-decoration: none;"&gt;Germany proposes Greece relinquish some fiscal powers, sources say&lt;/a&gt;&lt;/em&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;&lt;em&gt;&lt;strong&gt;Update:&amp;nbsp;&lt;/strong&gt;Formal Greek annexation order attached.&lt;/em&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;It was tried previously (several times) under "slightly different" circumstances, and failed. Yet when it comes to taking over a country without spilling even one drop of blood, and converting its citizens into debt slaves, Germany's Merkel may have just succeeded where so many of her predecessors failed. According to a Reuters exclusive, "&lt;strong&gt;Germany is pushing for Greece to relinquish control over its budget policy&amp;nbsp;&lt;/strong&gt;to European institutions&amp;nbsp;&lt;em&gt;[ZH: read ze Germans]&lt;/em&gt;&amp;nbsp;as part of discussions over a second rescue package, a European source told Reuters on Friday." Reuters add: "There are internal discussions within the Euro group and proposals,&amp;nbsp;&lt;strong&gt;one of which comes from Germany, on how to constructively treat country aid programs that are continuously off track, whether this can simply be ignored or whether we say that's enough,&lt;/strong&gt;" the source said.' So while the great distraction that is the Charles Dallara "negotiation" with Hedge Funds continues (as its outcome is irrelevant: a Greece default is assured at this point), the real development once again was behind the scenes where Germany was cleanly and clinically taking over Greece. Because while today it is the fiscal apparatus, tomorrow it is the legislative. As for the executive: who cares. At that point Goldman will merely appoint one of its retired partners as Greek president and Greece will become the first 21st century German, pardon, European colony. But at least it will have its precious euro. We can't wait until Greek citizens find out about this quiet coup.&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;More from&amp;nbsp;&lt;a href="http://www.reuters.com/article/2012/01/27/us-eurozone-greece-germany-idUSTRE80Q1ZF20120127?feedType=RSS&amp;amp;feedName=businessNews&amp;amp;utm_source=dlvr.it&amp;amp;utm_medium=twitter&amp;amp;dlvrit=56943" style="color: #1e439a; text-decoration: none;"&gt;Reuters&lt;/a&gt;:&lt;/div&gt;&lt;blockquote style="font-style: italic; margin-bottom: 1em !important; margin-left: 2em !important; margin-right: 2em !important; margin-top: 1em !important; padding-bottom: 1em !important; padding-left: 1em !important; padding-right: 1em !important; padding-top: 1em !important; position: relative;"&gt;&lt;div class="quote_start" style="border-left-color: rgb(233, 239, 243); border-left-style: solid; border-left-width: 1px; border-top-color: rgb(233, 239, 243); border-top-style: solid; border-top-width: 1px; bottom: 3em; left: 0px; min-height: 2em; position: absolute; top: 0px; width: 152px;"&gt;&lt;div style="background-image: url(http://www.zerohedge.com/sites/all/modules/blockquote/images/menu-leaf.gif); background-position: 0% 0%; height: 9px; left: -5px; position: absolute; top: -5px; width: 9px;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="quote_end" style="border-bottom-color: rgb(233, 239, 243); border-bottom-style: solid; border-bottom-width: 1px; border-right-color: rgb(233, 239, 243); border-right-style: solid; border-right-width: 1px; bottom: 0px; position: absolute; right: 0px; top: 2.3em; width: 152px;"&gt;&lt;div style="background-image: url(http://www.zerohedge.com/sites/all/modules/blockquote/images/menu-leaf.gif); background-position: 100% 100%; bottom: -5px; height: 9px; position: absolute; right: -5px; width: 9px;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;The source added that under the proposals European institutions already operating in Greece should be given "certain decision-making powers" over fiscal policy.&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;"This could be carried out even more stringently through external expertise," the source said.&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;The German demands for greater control over Greek budget policy comes amid intense talks to finalize a second 130-billion euro rescue package for Greece, which has repeatedly failed to meet the fiscal targets set out for it by its international lenders.&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;It is likely to spark a strong reaction in Athens ahead of elections expected to take place in April.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;"Strong reaction?" Is that the politically correct parlance for "civil war" these days? We must be out of the loop on that one...&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;The specific language that strips Greece of its sovereignty and which will be plastered over every front page in the Greek media tomorrow:&lt;/div&gt;&lt;blockquote style="font-style: italic; margin-bottom: 1em !important; margin-left: 2em !important; margin-right: 2em !important; margin-top: 1em !important; padding-bottom: 1em !important; padding-left: 1em !important; padding-right: 1em !important; padding-top: 1em !important; position: relative;"&gt;&lt;div class="quote_start" style="border-left-color: rgb(233, 239, 243); border-left-style: solid; border-left-width: 1px; border-top-color: rgb(233, 239, 243); border-top-style: solid; border-top-width: 1px; bottom: 3em; left: 0px; min-height: 2em; position: absolute; top: 0px; width: 152px;"&gt;&lt;div style="background-image: url(http://www.zerohedge.com/sites/all/modules/blockquote/images/menu-leaf.gif); background-position: 0% 0%; height: 9px; left: -5px; position: absolute; top: -5px; width: 9px;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="quote_end" style="border-bottom-color: rgb(233, 239, 243); border-bottom-style: solid; border-bottom-width: 1px; border-right-color: rgb(233, 239, 243); border-right-style: solid; border-right-width: 1px; bottom: 0px; position: absolute; right: 0px; top: 2.3em; width: 152px;"&gt;&lt;div style="background-image: url(http://www.zerohedge.com/sites/all/modules/blockquote/images/menu-leaf.gif); background-position: 100% 100%; bottom: -5px; height: 9px; position: absolute; right: -5px; width: 9px;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;Budget consolidation has to be put under a strict steering and control system. Given the disappointing compliance so far, Greece has to accept shifting budgetary sovereignty to the European level for a certain period of time.&lt;strong&gt;&amp;nbsp;A budget commissioner has to be appointed by the Eurogroup with the task of ensuring budgetary control. He must have the power a) to implement a centralized reporting and surveillance system covering all major blocks of expenditure in the Greek budget, b) to veto decisions not in line with the budgetary targets set by the Troika and c) will be tasked to ensure compliance with the above mentioned rule to prioritize debt service.&lt;/strong&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; width: inherit !important;"&gt;The new surveillance and institutional approach should be formulated in the MoU as follows: “In the case of non-compliance, confirmed by the ECB, IMF and EU COM, a new budget commissioner appointed by the Eurogroup would help implementing reforms. The commissioner will have broad surveillance competences over public expenditure and a veto right against budget decisions not in line with the set budgetary targets and the rule giving priority to debt service.”&amp;nbsp;&lt;strong&gt;Greece has to ensure that the new surveillance mechanism is fully enshrined in national law, preferably through constitutional amendment.&lt;/strong&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;And here is the full formal pre-annexation order:&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;iframe class="scribd_iframe_embed" data-aspect-ratio="" data-auto-height="false" frameborder="0" height="600" scrolling="no" src="http://www.scribd.com/embeds/79632467/content?view_mode=list&amp;amp;start_page=1&amp;amp;access_key=key-snepz3zwoqziicv0gtr&amp;amp;" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px;" width="100%"&gt;&lt;/iframe&gt;&lt;br /&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;In the meantime, Greeks are already practicing the switchover in the national dance:&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;Before...&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;&lt;object data="http://www.youtube.com/v/FSnaot4DC6g?version=3&amp;amp;hl=en_US" height="244" type="application/x-shockwave-flash" width="480"&gt;&lt;/object&gt;&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;And after.&lt;/div&gt;&lt;div style="display: block; margin-bottom: 0.75em; margin-top: 0.25em;"&gt;&lt;object data="http://www.youtube.com/v/QHZR9SA5pOg?version=3&amp;amp;hl=en_US" height="360" type="application/x-shockwave-flash" width="480"&gt;&lt;/object&gt;&lt;/div&gt;&lt;form accept-charset="UTF-8" action="http://www.zerohedge.com/news/silent-anschluss-germany-formally-requests-greece-hand-over-its-fiscal-independence" class="fivestar-widget" id="fivestar-form-node-443222" method="post" style="clear: both; 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HAWAII LAWMAKERS CONSIDER ‘RADICAL’ PROPOSAL TO TRACK EVERY WEBSITE YOU VISIT</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="post-title" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;&lt;span style="color: #777777; display: block; font-family: Arial, Helvetica, sans-serif; font-size: 13px; text-transform: uppercase;"&gt;GOVERNMENT&lt;/span&gt;TROUBLE IN PARADISE? HAWAII LAWMAKERS CONSIDER ‘RADICAL’ PROPOSAL TO TRACK EVERY WEBSITE YOU VISIT&lt;/h1&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0.00390625); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;ul class="tools" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; list-style-image: initial; list-style-position: outside; list-style-type: none; margin-bottom: 5px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;li class="posted" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Posted on January 26, 2012 at 7:01pm by&amp;nbsp;&lt;img alt="Liz Klimas" class="photo" height="17" src="http://www.theblaze.com/wp-content/uploads/userphoto/elizabeth-klimas.thumbnail.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;" width="17" /&gt; 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margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;Comments&amp;nbsp;&lt;span class="num"&gt;(68)&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;div class="clearfix" id="postContent" style="display: block; padding-bottom: 10px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;img alt="Hawaii Legislators Considering Controversial Internet Tracking Proposal" class="size-full wp-image-230891 alignright" height="189" src="http://www.theblaze.com/wp-content/uploads/2012/01/Computer-beach.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 10px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-align: left;" title="Computer beach" width="235" /&gt;Hawaii legislators are considering a new proposal that would require Internet service providers to collect and retain for two years data on every website residents visit.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;CNET reports that H.B. 2288&amp;nbsp;would r&lt;a href="http://news.cnet.com/8301-31921_3-57366443-281/hawaii-may-keep-track-of-all-web-sites-visited/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;equire any company that provides an Internet connection&lt;/a&gt;&amp;nbsp;to users to maintain “Internet destination history information” and “subscriber’s information”. CNET reports the U.S. Internet Service Provider Association as saying this legislation is “the broadest mandate we’ve seen.”&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;According to CNET, the legislation was introduced by Rep. John Mizuno, a democrat. Similar legislation was brought to the state Senate side by democratic Jill Tokuda&amp;nbsp;to&amp;nbsp;”address concerns raised by Rep. Kymberly Pine” whose email account was hacked last summer, at which time Pine began advocating for &amp;nbsp;“tougher cyber laws at the Hawaii State Capitol”:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;“We must do everything we can to protect the people of Hawaii from these attacks and give prosecutors the tools to ensure justice is served for victims,” Pine&amp;nbsp;&lt;a href="http://www.hawaiireporter.com/tuesdays-cybercrime-briefing-attracts-star-line-up/123" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;said at the time&lt;/a&gt;.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Criticism against the legislation includes the broad language of the bill that could require Internet providers such as coffee shops and hotels to track such information as well as privacy issues that come with prolonged data retention.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;CNET reports&amp;nbsp;Daniel Leuck, chief executive of Honolulu-based software company&amp;nbsp;Ikayzo, as saying that the legislation is a “radical violation of privacy” that “opens the door to rampant Fourth Amendment violations.”&amp;nbsp;&amp;nbsp;He also said that recording phone conversations would be less of an intrusion.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;UPDATE:&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;According to CNET, Rep. Pine has now&amp;nbsp;&lt;a href="http://news.cnet.com/8301-31921_3-57367226-281/hawaiian-politician-backs-away-from-web-dossier-law/?tag=cnetRiver" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;backed down&lt;/a&gt;&amp;nbsp;from the legislation:&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;A Hawaii politician who proposed requiring Internet providers to record every Web site their customers visit is now backing away from the&amp;nbsp;&lt;a href="http://news.cnet.com/8301-31921_3-57366443-281/hawaii-may-keep-track-of-all-web-sites-visited/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;controversial legislation&lt;/a&gt;.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;Rep.&amp;nbsp;&lt;a href="http://www.kympine.org/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;Kymberly Pine&lt;/a&gt;, an Oahu Republican and the House minority floor leader, told CNET this evening that her intention was to protect “victims of crime,” not compile virtual dossiers on every resident of–or visitor to–the Aloha State who uses the Internet.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;“We do not want to know where everyone goes on the Internet,” Pine said. “That’s not our interest. We just want the ability for law enforcement to be able to capture the activities of crime.”&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;[H/T&amp;nbsp;&lt;a href="http://gizmodo.com/5879642/hawaii-wants-to-ruin-paradise-by-invading-your-privacy-and-keeping-track-of-every-website-you-visit" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;Gizmodo&lt;/a&gt;]&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;em&gt;This article has been updated since its original posting.&lt;/em&gt;&lt;/div&gt;&lt;/div&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2152431483573058831-2937362887265933872?l=heavenbounf.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='related' href='http://www.theblaze.com/stories/trouble-in-paradise-hawaii-law-makers-considering-radical-proposal-to-track-ever-website-you-visit/' title='GOVERNMENT TROUBLE IN PARADISE? HAWAII LAWMAKERS CONSIDER ‘RADICAL’ PROPOSAL TO TRACK EVERY WEBSITE YOU VISIT'/><link rel='replies' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/2937362887265933872/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=2152431483573058831&amp;postID=2937362887265933872' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/2937362887265933872'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/2937362887265933872'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/2012/01/government-trouble-in-paradise-hawaii.html' title='GOVERNMENT TROUBLE IN PARADISE? HAWAII LAWMAKERS CONSIDER ‘RADICAL’ PROPOSAL TO TRACK EVERY WEBSITE YOU VISIT'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-6622041762782983593</id><published>2012-01-27T06:43:00.000-08:00</published><updated>2012-01-27T06:49:49.261-08:00</updated><title type='text'>JEW HATING ALIVE AND GROWING U S OF A----PRO-PALESTINIANS, CODEPINK, AND LGBT ACTIVISTS JOIN BOYCOTT ISRAEL CONFERENCE AT UNIVERSITY OF PENNSYLVANIA</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 class="post-title" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-family: LeagueGothicRegular, Arial, sans-serif; font-size: 40px; font-style: normal; font-weight: normal; letter-spacing: 0px; line-height: 1; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-transform: uppercase;"&gt;Jew Hating alive and growing U S of A----PRO-PALESTINIANS, CODEPINK, AND LGBT ACTIVISTS JOIN BOYCOTT ISRAEL CONFERENCE AT UNIVERSITY OF PENNSYLVANIA&lt;/h1&gt;&lt;div&gt;All the Way to Obama himself....&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;a href="http://www.theblaze.com/stories/pro-palestinians-codepink-and-lgbt-activists-join-boycott-israel-conference-at-university-of-pennsylvania/bds_conference_2012/" rel="attachment wp-att-231196" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;&lt;img alt="Pro Palestinians Team up With “Social Justice,” CODEPINK, LGBT Activists at Boycott Israel Conference Next Weekend at University of Pennsylvania" class="aligncenter size-full wp-image-231196" height="330" src="http://www.theblaze.com/wp-content/uploads/2012/01/BDS_Conference_2012.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 10px !important; margin-left: auto !important; margin-right: auto !important; margin-top: 10px !important; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;" title="BDS_Conference_2012" width="539" /&gt;&lt;/a&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Next weekend at the University of Pennsylvania, the&amp;nbsp;&lt;a href="http://pennbds.org/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;National Boycott, Divestment and Sanctions Conference&lt;/a&gt;&amp;nbsp;is taking place, where pro-Palestinian activists are teaming up with a wide array of leftist causes including social and “racial justice” advocates, self-proclaimed “queer” activists, dedicated socialists and anti-Zionists aiming to grow the boycott Israel effort, whose ultimate goal is to “bring an end to Israel’s system of oppression, segregation and dispossession.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;While the BDS activists say they don’t oppose the existence of the State of Israel – just the “occupation” – a deeper look at some of those involved reveals a more basic opposition to the existence of the Jewish state altogether.&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;The best glimpse into the unstated goal of the BDS movement is to know the conference’s keynote speaker. As the conference&amp;nbsp;&lt;a href="http://pennbds.org/about/speakers-2" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;speakers list&lt;/a&gt;&amp;nbsp;states:&lt;/span&gt;&lt;/div&gt;&lt;div class="wp-caption alignright" id="attachment_231197" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(51, 51, 51); border-top-style: solid; border-top-width: 4px; float: right; line-height: 18px; margin-bottom: 10px; margin-left: 10px; margin-right: 0px; margin-top: 10px; padding-left: 0px; padding-right: 0px; text-align: center; width: 160px;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;a href="http://www.theblaze.com/stories/pro-palestinians-codepink-and-lgbt-activists-join-boycott-israel-conference-at-university-of-pennsylvania/ali-abunimah/" rel="attachment wp-att-231197" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;&lt;img alt="Pro Palestinians Team up With “Social Justice,” CODEPINK, LGBT Activists at Boycott Israel Conference Next Weekend at University of Pennsylvania" class="size-full wp-image-231197" height="150" src="http://www.theblaze.com/wp-content/uploads/2012/01/Ali-Abunimah.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: inline; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: 5px; margin-right: 5px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;" title="Ali-Abunimah" width="150" /&gt;&lt;/a&gt;&lt;/span&gt;&lt;br /&gt;&lt;div class="wp-caption-text" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #888888; font-family: inherit; font-size: 12px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 5px; margin-left: 5px; margin-right: 5px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Ali Abunimah (Photo from National BDS Conference)&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;“&lt;strong&gt;Ali Abunimah&lt;/strong&gt;&amp;nbsp;is a Palestinian American journalist and co-founder of Electronic Intifada. A graduate of Princeton University and University of Chicago, Abunimah has contributed to many publications…”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;What’s omitted from the short bio is that Abunimah opposes a two-state solution to the Israeli-Palestinian conflict. Instead, he advocates the “One State Solution.” Translation: a bi-national Jewish-Arab state which by demographics and the “return” of millions of Palestinian refugees would spell the end of the Jewish state and eventually establish the 23rd Arab state in the Middle East. His book (which is not listed as one of his achievements in the BDS conference bio) laying out that vision is&lt;em&gt;One Country: A Bold Proposal to End the Israeli-Palestinian Impasse&lt;/em&gt;.&lt;/span&gt;&lt;/div&gt;&lt;div class="inline-ad" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; margin-bottom: 20px; padding-bottom: 30px; padding-left: 0px; padding-right: 0px; padding-top: 30px;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;a href="http://ad.doubleclick.net/click;h=v8/3c09/0/0/%2a/e;252576169;0-0;1;58127817;4307-300/250;44845800/44863588/1;u=prntype*web!prngenre*conservative_talk!prnpage*interior!pos*bottom!sz*300x250;~sscs=%3fhttp://www.goldline.com/d/index.html?id=621&amp;amp;utm_source=blaze&amp;amp;utm_medium=300x250&amp;amp;utm_campaign=ros" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;&lt;img alt="Click here to find out more!" border="0" src="http://s0.2mdn.net/viewad/3037869/1-1028_GL-GB-BW-300x250.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 13px; font-style: normal; font-weight: normal; line-height: 1; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;" /&gt;&lt;/a&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;On his website, Electronic Intifada, Abunimah&amp;nbsp;&lt;a href="http://electronicintifada.net/content/how-barack-obama-learned-love-israel/6786" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;wrote&lt;/a&gt;&amp;nbsp;in 2007 that he met Barack Obama half a dozen times before he became president, “often at Palestinian and Arab-American community events in Chicago…” In an article complaining Obama tilted more toward Israel after being elected, Abunimah writes that previously, “Obama was forthright in his criticism of US policy and his call for an even-handed approach to the Palestinian-Israeli conflict.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Abunimah describes a 2004 conversation with Obama when he was in the middle of the Senate primary campaign:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;As he came in from the cold and took off his coat, I went up to greet him. He responded warmly, and volunteered, “Hey, I’m sorry I haven’t said more about Palestine right now, but we are in a tough primary race. I’m hoping when things calm down I can be more up front.” He referred to my activism, including columns I was contributing to the The Chicago Tribune critical of Israeli and US policy, “Keep up the good work!”&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Other conference speakers reflect the growing cooperation, as seen in Occupy Wall Street, between thematically unrelated groups in the fight for “social justice” and the Palestinian cause. Examples include:&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Nancy Kricorian&lt;/strong&gt;, “coordinator of CODEPINK NYC, a grassroots peace and social justice movement.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Bill Fletcher, Jr&lt;/strong&gt;, the “editor of BlackCommentator.com. He is a labor, racial justice and international activist and was a key player in both the anti-Apartheid and US Civil Rights movements.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Dr. J. Kehaulani Kauanui&lt;/strong&gt;&amp;nbsp;is on the advisory board of the USACBI (US Campaign for the Academic and Cultural Boycott of Israel). More on Dr. Kauanui from her bio:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;She is the author of Hawaiian Blood: Colonialism and the Politics of Sovereignty and Indigeneity … Kauanui is a co-founder of the Native American and Indigenous Studies Association, as well as the producer and host of a public affairs radio program, ‘Indigenous Politics: From Native New England and Beyond’…Her research areas include: settler colonialism; comparative indigeneity; anarchism and the state; and decolonization &amp;amp; nation-building.&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Philip Weiss&lt;/strong&gt;, a “self-described ‘anti-Zionist’ Jewish writer.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Several gay and lesbian activists are also taking part, despite the fact that Israel is the only country in the Middle East where gays can live freely without fear of discrimination or violence. Even Palestinian gays take refuge in Israel for fear of attacks in the West Bank. Tel Aviv was recently named by American Airlines as the&amp;nbsp;&lt;a href="http://www.ynetnews.com/articles/0,7340,L-4174274,00.html" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;“Best Gay City”&lt;/a&gt;&amp;nbsp;for vacationers.&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Those speakers include:&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Sherry Wolf&lt;/strong&gt;, a journalist “who focuses on LGBT equality, human rights, and economic justice. In addition to her books, she has contributed to multiple publications, including the Nation, New Politics, and Dissident Voice, and has served as co-editor of the International Socialist Review.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;&lt;strong&gt;Dr. Heather Love&lt;/strong&gt;&amp;nbsp;“is an Associate Professor of English at the University of Pennsylvania and author of ‘Feeling Backward: Loss and the Politics of Queer History.’”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;BDS conference organizers are open about cultivating allies among other leftist causes. The conference website&amp;nbsp;&lt;a href="http://pennbds.org/about/about" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;states&lt;/a&gt;:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Special attention will be devoted to building alliances and uniting in struggle with other constituencies engaged in resistance to bigotry in all its forms, from African Americans to those fighting for LGBT rights.&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Stand With US, a pro-Israel group, released a&amp;nbsp;&lt;a href="http://www.standwithus.com/app/inews/view_n.asp?ID=2121" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;statement&lt;/a&gt;&amp;nbsp;saying:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;“most of the scheduled speakers are extremists who oppose the existence of the Jewish state and irresponsibly spread propaganda, distort facts, whitewash or justify terrorism and the murder of Jews, and frequently lie about basic facts to demonize Israel and its supporters.”&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Stand With Us researched the speakers and discovered:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Another invited speaker,&amp;nbsp;&lt;strong&gt;Helena Cobban&lt;/strong&gt;, has claimed that Israelis are “incapable of empathy and compassion for other people.”&amp;nbsp; (January 2009, Georgetown University)&amp;nbsp; Keynote speaker&amp;nbsp;&lt;strong&gt;Ali Abunimah&lt;/strong&gt;&amp;nbsp;has declared that “Ending the occupation does not solve the problem.&amp;nbsp; The Jews do not view all human beings as equal. The 1948 borders were calculated to harm Christians, Arabs, Palestinians and Muslims.” (Chicago Sabeel Conference, October 7, 2005) Speaker&amp;nbsp;&lt;strong&gt;Susan Abulhawa&lt;/strong&gt;&amp;nbsp;resurrects blood libels, claiming that: “Palestinians are killed as if insects not because of Hamas or Yasser Arafat before them…..Palestinians burn and bleed because they are the non-Jewish natives of that land. There is no other reason.”&amp;nbsp; (Jan. 6, 2009&amp;nbsp;&lt;a href="http://www.ifamericansknew.org/cur_sit/abulhawa.html" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;here&lt;/a&gt;)&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;We trust that if a white supremacist, Islamophobic or homophobic group held a conference on campus, university administrations would condemn the prejudice and bigotry of the messages.&amp;nbsp; The same principle should apply when Israel and Jews are targeted.&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Opening night of the conference&amp;nbsp;&lt;a href="http://pennbds.org/about/program" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;includes&lt;/a&gt;&amp;nbsp;a screening of the film “Roadmap to Apartheid.” Narrated by novelist and “Free Gaza Flotilla” supporter Alice Walker, the film cultivates the comparison of Israel to apartheid South Africa. The apartheid label is one that’s&amp;nbsp;&lt;a href="http://www.theblaze.com/stories/palestinian-bus-riding-gimmick-to-prove-israeli-apartheid-ends-up-showing-no-apartheid/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;found favor&lt;/a&gt;&amp;nbsp;in pro-Palestinian circles – bolstered by President Jimmy Carter’s 2006 book&amp;nbsp;&lt;em&gt;Palestine: Peace Not Apartheid&lt;/em&gt;&amp;nbsp;– even though a cursory knowledge about Israel would belie that comparison. The film is also being played at Occupy AIPAC, as discussed on&amp;nbsp;&lt;a href="http://www.theblaze.com/stories/pro-palestinians-codepink-and-lgbt-activists-join-boycott-israel-conference-at-university-of-pennsylvania/www.gbtv.com" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_self"&gt;GBTV&lt;/a&gt;&amp;nbsp;this week.&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;“Apartheid” is a powerful word and effective tool for anti-Israel activists to enlist. The association with South Africa elicits an immediate negative response for Americans, while college students hearing their professors use the label may never seek solid information about Israel including the thousands of examples that falsify the comparison. Such examples include an Arab supreme court justice, Arab members of Knesset (including those who meet with Hamas), Arab diplomats serving in Israel’s overseas embassies and consulates, Arab officers in the Israeli army (from the Druse Arab sector), and many more. Israel is the only real democracy in the Middle East, with an independent judiciary, a vibrant press free to criticize the government, free and fair elections, and freedom of religion.&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;The University of Pennsylvania BDS conference discussions include: “Pinkwashing to Pinkwatching: Queer Organizing and BDS,” “Lessons from the South African Struggle,” “BDS and the Black Community,” “Community Coalition Building.”&lt;/span&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;Even while accusing Israel of racism without acknowledging the concrete facts about the country, conference organizers&amp;nbsp;&lt;a href="http://pennbds.org/press-releases/a-message-from-pennbds" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;seem sensitive&lt;/a&gt;&amp;nbsp;themselves to being labeled racist:&lt;/span&gt;&lt;/div&gt;&lt;blockquote style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 18px; margin-left: 30px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #777777; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 24px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 9px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;While it is clearly stated on our website, we nonetheless reiterate that PennBDS categorically and unequivocally condemns any form of racism, including anti-Semitism. We are fundamentally an anti-racist and anti-discrimination organization that seeks to promote non-violent forms of protest against long-standing official Israeli policies that we believe deny civil, political and human rights to Palestinians based on their ethnicity. We make a clear distinction between Israeli policy and the Jewish people. Jews are well represented in the BDS movement worldwide and groups like Jewish Voice for Peace and Philadelphia Jews for a Just Peace, both pro-BDS organizations, will be fielding speakers at our conference.&lt;/span&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: 22px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"&gt;&lt;span class="Apple-style-span" style="-webkit-text-stroke-color: rgba(255, 255, 255, 0); -webkit-text-stroke-width: 1px; color: #555555; font-family: Arial, Helvetica, 'Helvetica Neue', Verdana, sans-serif; font-size: 13px; line-height: 18px;"&gt;The Jewish Federation&amp;nbsp;&lt;a href="http://www.jewishfederations.org/page.aspx?id=250016" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #d50b0b; font-family: inherit; font-size: 14px; font-style: normal; font-weight: normal; line-height: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: underline;" target="_blank"&gt;reports&lt;/a&gt;&amp;nbsp;the conference is being organized independently and is not being sponsored by the University of Pennsylvania.&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2152431483573058831-6622041762782983593?l=heavenbounf.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='related' href='http://www.theblaze.com/stories/pro-palestinians-codepink-and-lgbt-activists-join-boycott-israel-conference-at-university-of-pennsylvania/' title='JEW HATING ALIVE AND GROWING U S OF A----PRO-PALESTINIANS, CODEPINK, AND LGBT ACTIVISTS JOIN BOYCOTT ISRAEL CONFERENCE AT UNIVERSITY OF PENNSYLVANIA'/><link rel='replies' type='application/atom+xml' href='http://heavenbounf.blogspot.com/feeds/6622041762782983593/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=2152431483573058831&amp;postID=6622041762782983593' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/6622041762782983593'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2152431483573058831/posts/default/6622041762782983593'/><link rel='alternate' type='text/html' href='http://heavenbounf.blogspot.com/2012/01/jew-hating-alive-and-growing-u-s-of-pro.html' title='JEW HATING ALIVE AND GROWING U S OF A----PRO-PALESTINIANS, CODEPINK, AND LGBT ACTIVISTS JOIN BOYCOTT ISRAEL CONFERENCE AT UNIVERSITY OF PENNSYLVANIA'/><author><name>Steve R.</name><uri>http://www.blogger.com/profile/09427299376469128639</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='http://1.bp.blogspot.com/-K5KWJ_o-LCg/Tc2MxvjvYqI/AAAAAAAAACY/YZaokiGAbys/s220/300_Wallpaper_5_800.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2152431483573058831.post-5200482872376922739</id><published>2012-01-26T14:09:00.000-08:00</published><updated>2012-01-26T14:09:00.346-08:00</updated><title type='text'>Is the United States in a Liquidity Trap? Flaw of John Maynard Keynes Exposed ???</title><content type='html'>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;span class="Apple-style-span" style="color: #333333; font-size: 13px; line-height: 16px;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;h1 style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 28px; font-style: inherit; font-weight: 400; letter-spacing: -1px; line-height: 1.267em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Is the United States in a Liquidity Trap? Flaw of John Maynard Keynes Exposed ???&amp;nbsp;&lt;/h1&gt;&lt;span class="Apple-style-span" style="color: #333333; font-size: 13px; line-height: 16px;"&gt;&lt;div class="container main" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 13px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 20px; padding-right: 20px; padding-top: 24px; position: relative; text-align: left; vertical-align: baseline; width: 960px;"&gt;&lt;div id="content" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; 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border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Comments&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;li class="ui-state-default ui-corner-top" style="background-attachment: initial; background-clip: initial; background-color: #e6e6e6; background-image: url(http://mises.org/Scripts/themes/base/images/ui-bg_glass_75_e6e6e6_1x400.png); background-origin: initial; background-position: 50% 50%; background-repeat: repeat no-repeat; border-bottom-color: initial !important; border-bottom-style: initial !important; border-bottom-width: 0px !important; border-color: initial; border-color: initial; border-left-color: rgb(211, 211, 211); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(211, 211, 211); border-right-style: solid; border-right-width: 1px; border-style: initial; border-style: initial; border-top-color: rgb(211, 211, 211); border-top-left-radius: 4px 4px; border-top-right-radius: 4px 4px; border-top-style: solid; border-top-width: 1px; color: #555555; float: left; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: normal; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1px; margin-left: 0px; margin-right: 0.2em; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: relative; top: 1px; vertical-align: baseline; white-space: nowrap;"&gt;&lt;a href="http://mises.org/daily/5881/Is-the-United-States-in-a-Liquidity-Trap#ui-tabs-1" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 1em; padding-right: 1em; padding-top: 0.5em; text-decoration: none; vertical-align: baseline;"&gt;&lt;span style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Also by Frank Shostak&lt;/span&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;div class="ui-tabs-panel ui-widget-content ui-corner-bottom" id="ArticleTab" style="background-attachment: initial; 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border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div id="DailyArticle" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div class="figure" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; max-width: 300px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1em; padding-left: 1.5em; padding-right: 0px; padding-top: 0px; text-align: center; vertical-align: baseline;"&gt;&lt;img alt="" border="0" src="http://images.mises.org/5881/PiggyBank.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" /&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;In his&amp;nbsp;&lt;i style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;New York Times&lt;/i&gt;&amp;nbsp;article of January 11, 2012, the Nobel laureate Paul Krugman wrote,&lt;/div&gt;&lt;blockquote style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://images.mises.org/Theme/images/blockquote_box.gif); background-origin: initial; background-position: 0% 0%; background-repeat: no-repeat repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-color: rgb(238, 238, 238); border-left-style: solid; border-left-width: 2px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 1em; font-style: inherit; font-weight: inherit; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 2em; padding-right: 2em; padding-top: 0.5em; quotes: none; vertical-align: baseline;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 0px; padding-right: 0px; padding-top: 0.5em; text-align: left; vertical-align: baseline;"&gt;If nothing else, we've learned that the liquidity trap is neither a figment of our imaginations nor something that only happens in Japan; it's a very real threat, and if and when it ends we should nonetheless be guarding against its return — which means that there's a very strong case both for a higher inflation target, and for aggressive policy when unemployment is high at low inflation.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 0px; padding-right: 0px; padding-top: 0.5em; text-align: left; vertical-align: baseline;"&gt;The bottom line is that the Fed almost surely won't, and very surely shouldn't, start raising interest rates any time soon.&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;But does it make sense that by means of more inflation the US economy could be pulled out of the liquidity trap?&lt;/div&gt;&lt;h2 style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 1.5714em; font-style: inherit; font-weight: 400; line-height: 1.1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 1em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;The Origin of the Liquidity-Trap Concept&lt;/h2&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;In the popular framework of thinking that originates from the writings of John Maynard Keynes, economic activity is presented in terms of a circular flow of money. Thus, spending by one individual becomes part of the earnings of another individual, and spending by another individual becomes part of the first individual's earnings.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Recessions, according to Keynes, are a response to the fact that consumers — for some psychological reasons — have decided to cut down on their expenditure and raise their savings.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;For instance, if for some reason people have become less confident about the future, they will cut back on their outlays and hoard more money. So, once an individual spends less, this worsens the situation of some other individual, who in turn also cuts his spending.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Consequently, a vicious circle sets in: the decline in people's confidence causes them to spend less and to hoard more money, and this lowers economic activity further, thereby causing people to hoard more, etc.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Following this logic, in order to prevent a recession from getting out of hand, the central bank must lift the money supply and aggressively lower interest rates.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Once consumers have more money in their pockets, their confidence will increase, and they will start spending again, thereby reestablishing the circular flow of money, so it is held.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;In his writings, however, Keynes suggested that a situation could emerge when an aggressive lowering of interest rates by the central bank would bring rates to a level from which they would not fall further.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;This, according to Keynes, could occur because people might adopt a view that interest rates have bottomed out and that rates should subsequently rise, leading to capital losses on bond holdings. As a result, people's demand for money will become extremely high, implying that people would hoard money and refuse to spend it no matter how much the central bank tries to expand the money supply.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Keynes wrote,&lt;/div&gt;&lt;blockquote style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://images.mises.org/Theme/images/blockquote_box.gif); background-origin: initial; background-position: 0% 0%; background-repeat: no-repeat repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-color: rgb(238, 238, 238); border-left-style: solid; border-left-width: 2px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 1em; font-style: inherit; font-weight: inherit; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 2em; padding-right: 2em; padding-top: 0.5em; quotes: none; vertical-align: baseline;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0.5em; padding-left: 0px; padding-right: 0px; padding-top: 0.5em; text-align: left; vertical-align: baseline;"&gt;There is the possibility, for the reasons discussed above, that, after the rate of interest has fallen to a certain level, liquidity-preference may become virtually absolute in the sense that almost everyone prefers cash to holding a debt which yields so low a rate of interest. In this event the monetary authority would have lost effective control over the rate of interest.&lt;a class="noteref" href="http://mises.org/daily/5881/Is-the-United-States-in-a-Liquidity-Trap#note1" name="ref1" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-size: 9.8px; font-style: normal; font-weight: inherit; line-height: 9.8px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;&amp;nbsp;[1]&lt;/a&gt;&lt;/div&gt;&lt;/blockquote&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Keynes suggested that, once a low-interest-rate policy becomes ineffective, authorities should step in and spend. The spending can be on all sorts of projects — what matters here is that a lot of money must be pumped, which is expected to boost consumers' confidence. With a higher level of confidence, consumers will lower their savings and raise their expenditure, thereby reestablishing the circular flow of money.&lt;/div&gt;&lt;h2 style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 1.5714em; font-style: inherit; font-weight: 400; line-height: 1.1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 1em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Do Individuals Save Money?&lt;/h2&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;In the Keynesian framework the ever-expanding monetary flow is the key to economic prosperity. What drives economic growth is monetary expenditure. When people spend more of their money, this is seen that they save less.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Conversely, when people reduce their monetary spending in the Keynesian framework, this is viewed that they save more. Observe that in the popular — i.e., Keynesian — way of thinking, savings is bad news for the economy: the more people save, the worse things become. (The liquidity trap comes from too much saving and the lack of spending, so it is held.)&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Now, contrary to popular thinking, individuals don't save money as such. The chief role of money is as a medium of exchange. Also, note that people don't pay with money but rather with goods and services that they have produced.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;For instance, a baker pays for shoes by means of the bread he produced, while the shoemaker pays for the bread by means of the shoes he made. When the baker exchanges his money for shoes, he has already paid for the shoes, so to speak, with the bread that he produced prior to this exchange. Again, money is just employed to exchange goods and services.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;To suggest then that people could have an unlimited demand for money (hoarding money) that supposedly leads to a liquidity trap, as popular thinking has it, would imply that no one would be exchanging goods.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Obviously, this is not a realistic proposition, given the fact that people require goods to support their lives and well-being. (Please note: people demand money not to accumulate indefinitely but to employ in exchange at some more or less definite point in the future).&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Being the medium of exchange, money can only assist in exchanging the goods of one producer for the goods of another producer. The state of the demand for money cannot alter the amount of goods produced, that is, it cannot alter the so-called real economic growth. Likewise a change in the supply of money doesn't have any power to grow the real economy.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Contrary to popular thinking we suggest that a liquidity trap does not emerge in response to consumers' massive increases in the demand for money but comes as a result of very loose monetary policies, which inflict severe damage to the pool of real savings.&lt;/div&gt;&lt;h2 style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 1.5714em; font-style: inherit; font-weight: 400; line-height: 1.1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 1em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Liquidity Trap and the Shrinking Pool of Real Savings&lt;/h2&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;As long as the rate of growth of the pool of real savings stays positive, this can continue to sustain productive and nonproductive activities. Trouble erupts, however, when, on account of loose monetary and fiscal policies, a structure of production emerges that ties up much more consumer goods than the amount it releases. This excessive consumption relative to the production of consumer goods leads to a decline in the pool of real savings.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;This in turn weakens the support for economic activities, resulting in the economy plunging into a slump. (The shrinking pool of real savings exposes the commonly accepted fallacy that the loose monetary policy of the central bank can grow the economy.)&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Needless to say, once the economy falls into a recession because of a falling pool of real saving, any government or central-bank attempts to revive the economy must fail.&lt;/div&gt;&lt;div class="book-ad" id="514-ad" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: right; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 15px; padding-right: 0px; padding-top: 0px; text-align: center; vertical-align: baseline; width: 240px;"&gt;&lt;div class="book-img" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: table-cell; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center; vertical-align: baseline; width: 240px;"&gt;&lt;a href="http://mises.org/store/Product.aspx?ProductId=514" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Insatiable Government"&gt;&lt;img alt="Insatiable Government" border="0" src="http://mises.org/store/Assets/ProductImages/B882.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: middle;" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class="book-price" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: table-cell; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: right; vertical-align: middle;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/store/Product.aspx?ProductId=514" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: red; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;&lt;span class="line-through" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: line-through; vertical-align: baseline;"&gt;$18.00&lt;/span&gt;$18.00&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Not only will these attempts not revive the economy; they will deplete the pool of real savings further, thereby prolonging the economic slump.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Likewise any policy that forces banks to expand lending "out of thin air" will further damage the pool and will reduce further banks' ability to lend.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;The essence of lending is real savings and not money as such. It is real savings that imposes restrictions on banks' ability to lend. (Money is just the medium of exchange, which facilitates real savings.)&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Note that without an expanding pool of real savings any expansion of bank lending is going to lift banks' nonperforming assets.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 14px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 20px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Contrary to Krugman, we suggest that the US economy is trapped, not because of a sharp increase in the demand for money, but because loose monetary policies have depleted the pool of real savings. What is required to fix the economy is not to generate more inflation but the exact opposite. Setting a higher inflation target, as suggested by Krugman, will only weaken the pool of real savings further and will guarantee that the economy will stay in a depressed state for a prolonged time.&lt;/div&gt;&lt;div class="article-author" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; clear: both; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 1.5em; vertical-align: baseline;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 1.3333em; margin-bottom: 0.3em; margin-left: 0px; margin-right: 0px; margin-top: 0.3em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;Frank Shostak is an adjunct scholar of the Mises Institute and a frequent contributor to Mises.org. His consulting firm,&amp;nbsp;&lt;a href="http://aaseconomics.com/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Applied Austrian School Economics&lt;/a&gt;, provides in-depth assessments and reports of financial markets and global economies. Send him&amp;nbsp;&lt;a href="mailto:fshostak@aaseconomics.com" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;mail&lt;/a&gt;. See Frank Shostak's&amp;nbsp;&lt;a class="archives" href="http://mises.org/daily/author/115/Frank-Shostak" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;article archives&lt;/a&gt;.&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 1.3333em; margin-bottom: 0.3em; margin-left: 0px; margin-right: 0px; margin-top: 0.3em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;&lt;a class="comment" href="http://mises.org/daily/5881/Is-the-United-States-in-a-Liquidity-Trap" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Comment on this article.&lt;/a&gt;&lt;/div&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 1.3333em; margin-bottom: 0.3em; margin-left: 0px; margin-right: 0px; margin-top: 0.3em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; vertical-align: baseline;"&gt;You can subscribe to future articles by Frank Shostak via this&amp;nbsp;&lt;a class="archives" href="http://mises.org/Feeds/articles.ashx?AuthorId=115" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;RSS feed&lt;/a&gt;.&lt;/div&gt;&lt;/div&gt;&lt;div class="notes" style="background-attachment: initial; background-clip: initial; background-color: #f2f2f2; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; font-family: inherit; font-size: 0.8571em; font-style: inherit; font-weight: inherit; margin-bottom: 2px; margin-left: 0px; margin-right: 0px; margin-top: 2px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 12px; padding-left: 12px; padding-right: 12px; padding-top: 12px; vertical-align: baseline;"&gt;&lt;h5 id="notes" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 1.25em; font-style: italic; font-weight: 400; line-height: 1.1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 1em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Notes&lt;/h5&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, sans-serif; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 1.5em; margin-bottom: 2px; margin-left: 0px; margin-right: 0px; margin-top: 2px; outline-color: initial; outline-style: initial; 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border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 20px; font-style: italic; font-weight: 400; letter-spacing: -1px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;About the Author&lt;/h2&gt;&lt;div class="cont" style="background-color: white; background-image: url(http://images.mises.org/Theme/images/bg_box.gif); background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 10px; padding-right: 10px; padding-top: 10px; vertical-align: baseline;"&gt;&lt;img alt="Photo of Frank    Shostak" height="150" src="http://images.mises.org/people/shostak.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 5px; padding-left: 0px; padding-right: 10px; padding-top: 0px; vertical-align: baseline;" /&gt;&lt;div class="name" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal bold 1em/normal 'Trebuchet MS', Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Frank Shostak&lt;/div&gt;&lt;a href="http://mises.org/daily/author/115/Frank-Shostak" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;View Author Archive&amp;nbsp;&lt;/a&gt;&lt;br /&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 1.45em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 5px; vertical-align: baseline;"&gt;Frank Shostak is an adjunct scholar of the Mises Institute and a frequent contributor to Mises.org. His consulting firm,&amp;nbsp;&lt;a href="http://aaseconomics.com/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Applied Austrian School Economics&lt;/a&gt;, provides in-depth assessments and reports of financial markets and global economies. Send him&amp;nbsp;&lt;a href="mailto:fshostak@aaseconomics.com" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;mail&lt;/a&gt;.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-container" id="IDWidget2" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; cursor: default; display: block; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-width: 140px; outline-color: initial; outline-style: initial; outline-width: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline; width: 290px;"&gt;&lt;div class="idw-small-t" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 10px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 4px !important; vertical-align: baseline; width: 278px;"&gt;The last comments for&lt;/div&gt;&lt;div class="idw-big" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;a href="http://direct.mises.org/preview/5881/Is-the-United-States-in-a-Liquidity-Trap" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: bold !important; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Is the United States in a Liquidity Trap? - Frank Shostak - Mises Daily&lt;/a&gt;&lt;/div&gt;&lt;div class="idw-c" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 8px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-c-h" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/chameleon/images/idc-c-h.png); background-origin: initial; background-position: 100% 0px; background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-avatar" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 18px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;img height="16" src="http://www.gravatar.com/avatar/8d8770576de10fa19d674b076a09acd9?s=16&amp;amp;d=http%3A%2F%2Fs.intensedebate.com%2Fimages%2Favatar-compact.png" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px; padding-left: 1px; padding-right: 1px; padding-top: 1px; text-indent: 0px !important; vertical-align: baseline;" width="16" /&gt;&lt;/div&gt;&lt;div class="idw-info" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 4px; padding-right: 0px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;span style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;Michael A. Clem&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c-m" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 4px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;Why consumption is deferred is an entirely different question than what deferred consumption is used...&lt;/div&gt;&lt;div class="idw-time" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 2px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;&lt;a class="idw-jump" href="http://direct.mises.org/preview/5881/Is-the-United-States-in-a-Liquidity-Trap#IDComment275087896" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: url(http://intensedebate.com/widgets/images/idw-jump.png) !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: no-repeat no-repeat !important; border-bottom-style: none !important; border-bottom-width: 0px; border-color: initial !important; border-color: initial; border-left-style: none !important; border-left-width: 0px; border-right-style: none !important; border-right-width: 0px; border-style: initial; border-top-style: none !important; border-top-width: 0px; border-width: initial !important; color: #1765bc; cursor: pointer; float: right; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 13px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 60px;"&gt;&lt;/a&gt;&lt;span class="" id="IDWTime275087896" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;» 1 hour ago&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-small" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/widgets/images/idw-c-m.png); background-origin: initial; background-position: 100% 0px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 10px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 4px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 10px !important; vertical-align: baseline; width: 278px;"&gt;The last comments for&lt;/div&gt;&lt;div class="idw-big" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;a href="http://direct.mises.org/preview/5884/Profits-Are-Socially-Responsible" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: bold !important; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Profits Are Socially Responsible - Doug French - Mises Daily&lt;/a&gt;&lt;/div&gt;&lt;div class="idw-c" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 8px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-c-h" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/chameleon/images/idc-c-h.png); background-origin: initial; background-position: 100% 0px; background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-avatar" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 18px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;img height="16" src="http://www.gravatar.com/avatar/6d0df777fbd11e7e5f88b4942ebc3b38?s=16&amp;amp;d=http%3A%2F%2Fs.intensedebate.com%2Fimages%2Favatar-compact.png" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px; padding-left: 1px; padding-right: 1px; padding-top: 1px; text-indent: 0px !important; vertical-align: baseline;" width="16" /&gt;&lt;/div&gt;&lt;div class="idw-info" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 4px; padding-right: 0px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;span style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;JFF&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c-m" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 4px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;Fair question, Allen.&amp;nbsp;&lt;br style="text-indent: 0px !important;" /&gt;&lt;br style="text-indent: 0px !important;" /&gt;I'll play Devil's Advocate here and ask in response, "what if...&lt;/div&gt;&lt;div class="idw-time" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 2px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;&lt;a class="idw-jump" href="http://direct.mises.org/preview/5884/Profits-Are-Socially-Responsible#IDComment275082180" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: url(http://intensedebate.com/widgets/images/idw-jump.png) !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: no-repeat no-repeat !important; border-bottom-style: none !important; border-bottom-width: 0px; border-color: initial !important; border-color: initial; border-left-style: none !important; border-left-width: 0px; border-right-style: none !important; border-right-width: 0px; border-style: initial; border-top-style: none !important; border-top-width: 0px; border-width: initial !important; color: #1765bc; cursor: pointer; float: right; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 13px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 60px;"&gt;&lt;/a&gt;&lt;span class="" id="IDWTime275082180" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;» 1 hour ago&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-small" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/widgets/images/idw-c-m.png); background-origin: initial; background-position: 100% 0px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 10px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 4px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 10px !important; vertical-align: baseline; width: 278px;"&gt;The last comments for&lt;/div&gt;&lt;div class="idw-big" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;a href="http://direct.mises.org/preview/5881/Is-the-United-States-in-a-Liquidity-Trap" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: bold !important; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Is the United States in a Liquidity Trap? - Frank Shostak - Mises Daily&lt;/a&gt;&lt;/div&gt;&lt;div class="idw-c" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 8px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-c-h" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/chameleon/images/idc-c-h.png); background-origin: initial; background-position: 100% 0px; background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-overflow" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;div class="idw-avatar" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 18px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;a href="http://intensedebate.com/people/vikingvista" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: none !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: initial initial !important; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;img height="16" src="http://gravatar.com/avatar/5d4ee90958c7355269e089ae1c92aa4d?s=16&amp;amp;d=http://s.intensedebate.com/tinyimages/4243564" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px; padding-left: 1px; padding-right: 1px; padding-top: 1px; text-indent: 0px !important; vertical-align: baseline;" width="16" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class="idw-info" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 4px; padding-right: 0px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;a href="http://intensedebate.com/people/vikingvista" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 3px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline;"&gt;vikingvista&lt;/a&gt;&lt;span class="idc-rep idc-level1" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; cursor: help; display: block; float: left; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; height: 14px; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 2px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 3px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;" title="User's reputation score. The better commenter, the greater number."&gt;&lt;span style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/universal/images/idc-transparent.png); background-origin: initial; background-position: -566px -164px; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; height: 14px; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 5px;"&gt;&lt;/span&gt;&lt;span class="idc-r" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/universal/images/idc-transparent.png); background-origin: initial; background-position: 100% -164px; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #667726; float: left !important; font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-style: inherit; font-weight: inherit; height: 12px; line-height: 10px !important; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 5px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;37p&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c-m" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 4px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;C.p., savings necessarily is depleted when the fiat base money is increased. Of course, other factors...&lt;/div&gt;&lt;div class="idw-time" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 2px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;&lt;a class="idw-jump" href="http://direct.mises.org/preview/5881/Is-the-United-States-in-a-Liquidity-Trap#IDComment275077603" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: url(http://intensedebate.com/widgets/images/idw-jump.png) !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: no-repeat no-repeat !important; border-bottom-style: none !important; border-bottom-width: 0px; border-color: initial !important; border-color: initial; border-left-style: none !important; border-left-width: 0px; border-right-style: none !important; border-right-width: 0px; border-style: initial; border-top-style: none !important; border-top-width: 0px; border-width: initial !important; color: #1765bc; cursor: pointer; float: right; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 13px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 60px;"&gt;&lt;/a&gt;&lt;span class="" id="IDWTime275077603" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;» 1 hour ago&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-small" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/widgets/images/idw-c-m.png); background-origin: initial; background-position: 100% 0px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 10px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 4px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 10px !important; vertical-align: baseline; width: 278px;"&gt;The last comments for&lt;/div&gt;&lt;div class="idw-big" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 5px; padding-right: 5px; padding-top: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;a href="http://direct.mises.org/preview/5884/Profits-Are-Socially-Responsible" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; cursor: pointer; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: bold !important; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Profits Are Socially Responsible - Doug French - Mises Daily&lt;/a&gt;&lt;/div&gt;&lt;div class="idw-c" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 8px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-c-h" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/chameleon/images/idc-c-h.png); background-origin: initial; background-position: 100% 0px; background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-avatar" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 18px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;img height="16" src="http://s.intensedebate.com/images/avatar-compact.png" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px; padding-left: 1px; padding-right: 1px; padding-top: 1px; text-indent: 0px !important; vertical-align: baseline;" width="16" /&gt;&lt;/div&gt;&lt;div class="idw-info" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 4px; padding-right: 0px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;span style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;Fussdepp&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c-m" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 4px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;I wonder wether this might be a good place to point to the online panel of the Guardian about Social...&lt;/div&gt;&lt;div class="idw-time" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 2px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;&lt;a class="idw-jump" href="http://direct.mises.org/preview/5884/Profits-Are-Socially-Responsible#IDComment275076376" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: url(http://intensedebate.com/widgets/images/idw-jump.png) !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: no-repeat no-repeat !important; border-bottom-style: none !important; border-bottom-width: 0px; border-color: initial !important; border-color: initial; border-left-style: none !important; border-left-width: 0px; border-right-style: none !important; border-right-width: 0px; border-style: initial; border-top-style: none !important; border-top-width: 0px; border-width: initial !important; color: #1765bc; cursor: pointer; float: right; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 13px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 60px;"&gt;&lt;/a&gt;&lt;span class="" id="IDWTime275076376" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;» 1 hour ago&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 8px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-c-h" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://intensedebate.com/themes/chameleon/images/idc-c-h.png); background-origin: initial; background-position: 100% 0px; background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div class="idw-avatar" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 18px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 18px;"&gt;&lt;img height="16" src="http://www.gravatar.com/avatar/8512a8e13c228f6af29d6c46e1229552?s=16&amp;amp;d=http%3A%2F%2Fs.intensedebate.com%2Fimages%2Favatar-compact.png" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; 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padding-bottom: 0px; padding-left: 4px; padding-right: 0px; padding-top: 2px; text-indent: 0px !important; vertical-align: baseline; width: auto;"&gt;&lt;span style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;matt&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-c-m" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; float: left; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 4px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline; width: 278px;"&gt;&lt;div style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;So in yesterday's article about liquidity traps we learned that a baker doesn't bake to make...&lt;/div&gt;&lt;div class="idw-time" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; line-height: 1.3em; margin-bottom: 0px !important; margin-left: 0px !important; margin-right: 0px !important; margin-top: 0px !important; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 2px !important; text-indent: 0px !important; vertical-align: baseline;"&gt;&lt;a class="idw-jump" href="http://direct.mises.org/preview/5884/Profits-Are-Socially-Responsible#IDComment275067695" style="background-attachment: initial !important; background-clip: initial !important; background-color: initial !important; background-image: url(http://intensedebate.com/widgets/images/idw-jump.png) !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: no-repeat no-repeat !important; border-bottom-style: none !important; border-bottom-width: 0px; border-color: initial !important; border-color: initial; border-left-style: none !important; border-left-width: 0px; border-right-style: none !important; border-right-width: 0px; border-style: initial; border-top-style: none !important; border-top-width: 0px; border-width: initial !important; color: #1765bc; cursor: pointer; float: right; font-family: inherit; font-size: 12px !important; font-style: inherit; font-weight: inherit; height: 13px; line-height: 1.3em !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; text-indent: 0px !important; vertical-align: baseline; width: 60px;"&gt;&lt;/a&gt;&lt;span class="" id="IDWTime275067695" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 10px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-indent: 0px !important; vertical-align: baseline;"&gt;» 1 hour ago&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="idw-footer" style="border-bottom-width: 0px; 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border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20752" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Quadrillion? Quintillion?&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/26/2012 10:32:09 AM by&amp;nbsp;&lt;a href="http://mises.org/daily/author/627/Doug-French" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Douglas French&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20748" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;What should government do?&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/26/2012 8:20:52 AM by&amp;nbsp;&lt;a href="http://mises.org/daily/5881/Is-the-United-States-in-a-Liquidity-Trap" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Gary Galles&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20744" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Mises Daily: Thursday, January 26, 2012&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/26/2012 8:12:50 AM by&amp;nbsp;&lt;a href="http://mises.org/daily/" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Mises Daily&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20741" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;ePub: &lt;i&gt;The Pure Time-Preference Theory of Interest&lt;/i&gt;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/26/2012 7:46:31 AM by&amp;nbsp;&lt;a href="http://www.mises.org/bkmarcus" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;B.K. Marcus&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20735" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Amoral markets versus immoral coercion&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/25/2012 8:19:18 PM by&amp;nbsp;&lt;a href="http://mises.org/daily/5881/Is-the-United-States-in-a-Liquidity-Trap" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Gary Galles&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://blog.mises.org/?p=20733" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-post.gif); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 30px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Housing Bubbles&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 30px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;1/25/2012 5:52:08 PM by&amp;nbsp;&lt;a href="http://www.mises.org/fellows.asp?control=12" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Mark Thornton&lt;/a&gt;&lt;/em&gt;&lt;/li&gt;&lt;/ul&gt;&lt;a class="more" href="http://blog.mises.org/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; clear: both; color: #1765bc; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.7857em; font-style: inherit; font-weight: inherit; line-height: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;view all…&lt;/a&gt;&lt;a class="rss" href="http://feeds.mises.org/MisesBlog" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://images.mises.org/Theme/images/ico/rss.gif); background-origin: initial; background-position: 100% 50%; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-size: 10px; font-style: italic; font-weight: inherit; height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 20px; 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background-image: url(http://images.mises.org/Theme/images/ico/rss.gif); background-origin: initial; background-position: 100% 50%; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #c40d0d; font-family: inherit; font-size: 10px; font-style: italic; font-weight: inherit; height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 20px; padding-top: 5px; position: absolute; right: 2px; text-decoration: none; top: 0px; vertical-align: baseline;"&gt;rss&lt;/a&gt;&lt;div class="cont" style="background-color: transparent; background-image: url(http://images.mises.org/Theme/images/bg_box-in.jpg); background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; 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padding-top: 0px; vertical-align: baseline;"&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6784/The-Pure-TimePreference-Theory-of-Interest" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;The Pure Time-Preference Theory of Interest&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Jeffrey M. Herbener&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6784/The-Pure-TimePreference-Theory-of-Interest" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;The Pure Time-Preference Theory of Interest&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Jeffrey M. Herbener&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6772/Mises-on-Money" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Mises on Money&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Gary North&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6764/Liberalismo-e-Anarcocapitalismo-La-Scuola-Austriaca-di-Economia" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Liberalismo e Anarcocapitalismo: La Scuola Austriaca di Economia&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Dario Antiseri&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6746/The-Costs-of-War-Americas-Pyrrhic-Victories" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;The Costs of War: America's Pyrrhic Victories&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by John V. Denson&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6737/Business-Tides-The-Newsweek-Era-of-Henry-Hazlitt" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Business Tides: The Newsweek Era of Henry Hazlitt&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Henry Hazlitt&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.8571em; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6737/Business-Tides-The-Newsweek-Era-of-Henry-Hazlitt" style="background-image: url(http://images.mises.org/Theme/images/ico/ico-literature.jpg); background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: block; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 25px; padding-right: 0px; padding-top: 4px; text-decoration: none; vertical-align: baseline;"&gt;Business Tides: The Newsweek Era of Henry Hazlitt&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; color: #7e7e7e; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 12px; font-style: normal; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Henry Hazlitt&lt;/em&gt;&lt;/li&gt;&lt;/ul&gt;&lt;a class="more" href="http://mises.org/literature.aspx" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; clear: both; color: #d80e0e; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.7857em; font-style: inherit; font-weight: inherit; line-height: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;view all…&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="box upcomingevents" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; 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padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;Upcoming Events&lt;/h2&gt;&lt;a class="rss" href="http://mises.org/events.xml" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://images.mises.org/Theme/images/ico/rss.gif); background-origin: initial; background-position: 100% 50%; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #c40d0d; font-family: inherit; font-size: 10px; font-style: italic; font-weight: inherit; height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 20px; padding-top: 5px; position: absolute; right: 2px; text-decoration: none; top: 0px; vertical-align: baseline;"&gt;rss&lt;/a&gt;&lt;div class="cont" style="background-color: white; background-image: url(http://images.mises.org/Theme/images/bg_box.gif); background-repeat: repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;ul class="eventsbig" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 7px; padding-right: 7px; padding-top: 10px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/events/157/Mises-Circle-at-Furman-University-Sponsored-by-Furman-Conservative-Students-for-a-Better-Tomorrow" style="background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Mises Circle at Furman University (Sponsored by Furman Conservative Students for a Better Tomorrow) "&gt;&lt;img alt="Event Image" height="87" src="https://images.mises.org/events/Furman2011_event.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" width="257" /&gt;&lt;/a&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 7px; padding-right: 7px; padding-top: 10px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/events/160/Austrian-Scholars-Conference-2012" style="background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Austrian Scholars Conference 2012 "&gt;&lt;img alt="Event Image" height="87" src="https://images.mises.org/events/ASC2012_event.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" width="257" /&gt;&lt;/a&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 7px; padding-right: 7px; padding-top: 10px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/events/110/Mises-University-2012" style="background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Mises University 2012 "&gt;&lt;img alt="Event Image" height="87" src="http://images.mises.org/events/MU12_event.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" width="257" /&gt;&lt;/a&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; clear: both; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 7px; padding-right: 7px; padding-top: 10px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/events/165/Supporters-Summit-2012" style="background-position: 8px 4px; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; display: inline; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Supporters Summit 2012 "&gt;&lt;img alt="Event Image" height="87" src="http://images.mises.org/events/SS2012_event.jpg" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; display: block; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" width="257" /&gt;&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;a class="more" href="http://mises.org/events/" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; clear: both; color: #d80e0e; display: block; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 0.7857em; font-style: inherit; font-weight: inherit; line-height: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;view all…&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="outerbox" id="litQuote" runat="server" style="background-attachment: initial; background-clip: initial; background-color: #f8f8f7; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-color: rgb(233, 233, 233); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-color: initial; border-left-color: rgb(233, 233, 233); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(233, 233, 233); border-right-style: solid; border-right-width: 1px; border-style: initial; border-style: initial; border-top-color: rgb(233, 233, 233); border-top-style: solid; border-top-width: 1px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 1em; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 15px; padding-left: 8px; padding-right: 8px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div class="widget-header" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; 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border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;The Quotable Mises&lt;/a&gt;&lt;/h2&gt;&lt;/div&gt;&lt;div class="cont quote" style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: italic normal normal 1em/normal 'Trebuchet MS', Verdana, Arial, Helvetica, sans-serif; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 4px; padding-left: 3px; padding-right: 3px; padding-top: 3px; vertical-align: baseline;"&gt;&lt;small style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 12px; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/quotes.aspx?action=subject&amp;amp;subject=Economics" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" target="_top"&gt;Ludwig von Mises:&lt;/a&gt;&amp;nbsp;"Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics." -&amp;nbsp;&lt;a href="http://mises.org/quotes.aspx?action=source&amp;amp;Source=Austrian%20Economics:%20An%20Anthology" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #1765bc; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" target="_top"&gt;Austrian Economics: An Anthology&lt;/a&gt;&lt;/small&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;footer style="border-bottom-width: 0px; border-color: initial; 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padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6784/The-Pure-TimePreference-Theory-of-Interest)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;The Pure Time-Preference Theory of Interest&amp;nbsp;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Jeffrey M. Herbener&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6784/The-Pure-TimePreference-Theory-of-Interest)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;The Pure Time-Preference Theory of Interest&amp;nbsp;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Jeffrey M. Herbener&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6772/Mises-on-Money)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Mises on Money&amp;nbsp;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Gary North&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6764/Liberalismo-e-Anarcocapitalismo-La-Scuola-Austriaca-di-Economia)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;Liberalismo e Anarcocapitalismo: La Scuola Austriaca di Economia&amp;nbsp;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by Dario Antiseri&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6746/The-Costs-of-War-Americas-Pyrrhic-Victories)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;"&gt;The Costs of War: America's Pyrrhic Victories&amp;nbsp;&lt;/a&gt;&lt;em style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: italic; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;by John V. Denson&lt;/em&gt;&lt;/li&gt;&lt;li style="border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; margin-bottom: 7px; margin-left: 20px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;a href="http://mises.org/document/6737/Business-Tides-The-Newsweek-Era-of-Henry-Hazlitt)" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; font-family: inherit; font-style: inherit; font-weight: inherit; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-to
