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Justice Minister's solution to bank robberies: ATM Fees
Sep 03, 2010 - 8:08 AM - by California Tanker
Though there's a certain logic behind the idea, (Stop using cash, there's less cash to rob) I'm unconvinced that it really is going to work in practise.

Minister considers ATM charges after tiger kidnapping | BreakingNews.ie

Quote:
Speaking after the raid, the Justice Minister said he was looking at the possiblity of introducing higher ATM fees to reduce crime - his logic being if more people are discouraged from using ATMs there would be less cash in circulation and therefore fewer raids.

The idea has already been rubbished by the opposition with Labour describing it as "hair-brained'' and Fine Gael criticising the minister for using the kidnapping to float the idea.
NTM
9 Replies | 75 Views
Why the economy sucks
Sep 03, 2010 - 8:03 AM - by The Man
It's late so this post will probably ramble some. Forgive me. I'll attempt to clean it up or at least clarify the unclear parts tomorrow.

There's a lot of arguing between the Austrian school and Keynesians right now about whether fiscal stimulus works. It requires quite a bit of data-fudging to pretend that the Great Depression wasn't alleviated by Roosevelt's policies (Amity Shlaes and her ilk focus on overall private employment, which is misleading since the New Deal wasn't designed to improve private farm employment but rather to make food prices affordable, a measure which directly contradicted the goal of improving overall private employment; however, if one focuses either on private nonfarm employment or overall employment including government employment, then employment improved by 10% from 1933 to 1937, when Roosevelt temporarily abandoned the New Deal to attempt to balance the budget - a remarkable improvement by any standard. GDP improved similarly). However, the Austrian vs. Keynesian debate misses a large part of the point entirely.

This isn't the same country it was in 1933. We had a solid manufacturing sector and a large trade surplus at the time, even if our economy was in the shit can. These days we've outsourced all our jobs. Paul Craig Roberts, an architect of Reaganomics, has in recent years joined the list of notable Republican strategists who have abandoned the party (another notable example is Kevin Phillips, an architect of Nixon's Southern Strategy and the author of The Emerging Republican Majority who became one of the sharpest critics of the... [Read More]
7 Replies | 84 Views
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» Current Poll
Which are the best thread titles of July 2010?
I Forgive You, lisapea. by BrotherMan - 16.00%
4 Votes
Cleavage Snake by JoeP - 12.00%
3 Votes
Organizing the intertubez by LadyShea - 8.00%
2 Votes
Paleontologists to Torosaurus: GTFO by Adamus Prime - 28.00%
7 Votes
Sun to Icarus: GTFO [and GTBW] by Dingfod - 20.00%
5 Votes
The newb rules thread by ChuckF - 12.00%
3 Votes
They've got the plant, but we've got the power by Adamus Prime - 24.00%
6 Votes
All the Adams, to me by Leesifer - 12.00%
3 Votes
Apply for the position of FF Nemesis by Leesifer - 40.00%
10 Votes
Bacon therapy by JoeP - 12.00%
3 Votes
Lies, Damned Lies, and Pushing Justice Further Down the Agenda by Adamus Prime - 36.00%
9 Votes
MICROWAVE CAKE MOTHERFUCKERS! by lisarea - 32.00%
8 Votes
what do you have in you by teasasue - 20.00%
5 Votes
unedited video of zeke and i getting high by ITSOZAZ - 8.00%
2 Votes
Thread in which you address my blahs by LadyShea - 16.00%
4 Votes
The Periodic Table of Irrational Nonsense by JoeP - 12.00%
3 Votes
That Dweam Within a Dweam by Nullifidian - 28.00%
7 Votes
Slow down! You move too fast.... by Chris Porter - 12.00%
3 Votes
oh noes! teh internets r ded! 0_o by Shelli - 12.00%
3 Votes
My Giant Gourd May Stave Off Alzheimer's by Dingfod - 40.00%
10 Votes
Mutant Babby ITT by Leesifer - 16.00%
4 Votes
I'm bored, so have a paper I wrote on the Middle East in 2007 by The Man - 12.00%
3 Votes
I have been trolling a footballboard and its tiring by beyelzu - 8.00%
2 Votes
Hay gaiz Obama created the recession as payback for racism by The Man - 20.00%
5 Votes
Appreciation Thrad for Everyone Who Made it Through the Workweek w/o Murdering Anyone by Adam - 60.00%
15 Votes
Total Votes: 25
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