Aug. 7th, 2011

monk222: (Noir Detective)
If anyone had any doubts about the end of the American century, doubt no more! After the United States gets its first credit-rating downgrade in its history, China orders the Americans to get their house in order. Maybe America needs to go to rehab.

_ _ _

SHANGHAI — China, the largest foreign holder of United States debt, said Saturday that Washington needed to “cure its addiction to debts” and “live within its means,” just hours after the rating agency Standard & Poor’s downgraded America’s long-term debt.

The harshly worded commentary, which was released by China’s official Xinhua news agency, was Beijing’s latest attempt to express its displeasure with Washington.

Though Beijing has few options other than to continue to purchase United States Treasury bonds, Chinese officials are clearly concerned that China’s substantial holdings of American debt, worth at least $1.1 trillion, is being devalued.

“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” read the commentary, which was published in Chinese newspapers.

Beijing, which did not release any other official statement on the downgrade, called on Washington to make substantial cuts to its “gigantic military expenditure” and its “bloated social welfare” programs.

The commentary serves as a sharp illustration of how America’s standing in the world is sliding and that China now views itself as ascendant.

-- David Barboza for The New York Tiimes
monk222: (Noir Detective)
If anyone had any doubts about the end of the American century, doubt no more! After the United States gets its first credit-rating downgrade in its history, China orders the Americans to get their house in order. Maybe America needs to go to rehab.

_ _ _

SHANGHAI — China, the largest foreign holder of United States debt, said Saturday that Washington needed to “cure its addiction to debts” and “live within its means,” just hours after the rating agency Standard & Poor’s downgraded America’s long-term debt.

The harshly worded commentary, which was released by China’s official Xinhua news agency, was Beijing’s latest attempt to express its displeasure with Washington.

Though Beijing has few options other than to continue to purchase United States Treasury bonds, Chinese officials are clearly concerned that China’s substantial holdings of American debt, worth at least $1.1 trillion, is being devalued.

“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” read the commentary, which was published in Chinese newspapers.

Beijing, which did not release any other official statement on the downgrade, called on Washington to make substantial cuts to its “gigantic military expenditure” and its “bloated social welfare” programs.

The commentary serves as a sharp illustration of how America’s standing in the world is sliding and that China now views itself as ascendant.

-- David Barboza for The New York Tiimes
monk222: (Noir Detective)
Secretary of Treasury Morgenthau is discussing with Secretary of War Stimson about post-war plans for Germany.

_ _ _

Morgenthau was intrigued, but he said he favored “removing all industry” from the Germans and “reducing them to an agricultural population of small landholders.”

“Germany was that kind of nation back in 1860,” said the Secretary of War, “but then she had only forty million people.... You might have to take a lot of people out of Germany.”

Morgenthau replied, “Well, that is not nearly as bad as sending them to gas chambers!”

-- "The Couquerors" by MIchael Beschloss
monk222: (Noir Detective)
Secretary of Treasury Morgenthau is discussing with Secretary of War Stimson about post-war plans for Germany.

_ _ _

Morgenthau was intrigued, but he said he favored “removing all industry” from the Germans and “reducing them to an agricultural population of small landholders.”

“Germany was that kind of nation back in 1860,” said the Secretary of War, “but then she had only forty million people.... You might have to take a lot of people out of Germany.”

Morgenthau replied, “Well, that is not nearly as bad as sending them to gas chambers!”

-- "The Couquerors" by MIchael Beschloss
monk222: (Global Warming)
Giving the elephant ears their mid-afternoon drink after my nap, and I am alarmed to see how much of the front lawn is entering emergency straits.

So, I hose part of the lawn while I’m at it, in this afternoon heat, and it feels like I’m applying CPR, pounding the chest of the lawn, “Live! Live, goddamn you! Live!”
monk222: (Global Warming)
Giving the elephant ears their mid-afternoon drink after my nap, and I am alarmed to see how much of the front lawn is entering emergency straits.

So, I hose part of the lawn while I’m at it, in this afternoon heat, and it feels like I’m applying CPR, pounding the chest of the lawn, “Live! Live, goddamn you! Live!”
monk222: (Strip)
"Girls are immediately going to say, "Oh, she's trying to sell sex." Well, I love Zac Efron, but what's he selling? He's gorgeous, he's hot, I don't go see his movie because I'm like, "He's such a fantastic actor." He's a great actor, but he's hot. He's just not in a leotard with his legs out. He has his shirt off. So what's the difference? In High School Musical he's in basketball shorts and his cut off tank top and all the girls are dying. It just isn't as obvious when guys do it. I was on tour with the Jonas Brothers my first year and boy bands get away with a lot. For girls, it's always going to be harder."

-- Miley Cyrus



Miley was seen out and about in Studio City on Friday (August 5th). The singer took her new puppy, Floyd, for a walk with a friend and another pup.

Cyrus recently signed onto a God-related Paramount comedy & she's also rumored to be attending the Teen Choice Awards tonight! Let's hope she decides to attend! Miley's nominated for "Best TV Actress: Comedy" and "Red Carpet Fashion Icon".


-- ONTD

Pics )
monk222: (Strip)
"Girls are immediately going to say, "Oh, she's trying to sell sex." Well, I love Zac Efron, but what's he selling? He's gorgeous, he's hot, I don't go see his movie because I'm like, "He's such a fantastic actor." He's a great actor, but he's hot. He's just not in a leotard with his legs out. He has his shirt off. So what's the difference? In High School Musical he's in basketball shorts and his cut off tank top and all the girls are dying. It just isn't as obvious when guys do it. I was on tour with the Jonas Brothers my first year and boy bands get away with a lot. For girls, it's always going to be harder."

-- Miley Cyrus



Miley was seen out and about in Studio City on Friday (August 5th). The singer took her new puppy, Floyd, for a walk with a friend and another pup.

Cyrus recently signed onto a God-related Paramount comedy & she's also rumored to be attending the Teen Choice Awards tonight! Let's hope she decides to attend! Miley's nominated for "Best TV Actress: Comedy" and "Red Carpet Fashion Icon".


-- ONTD

Pics )

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