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Tuesday, December 1, 2009

Interesting News Story

http://www.washingtonpost.com/wp-dyn/content/article/2009/12/01/AR2009120101841_pf.html

Now, work those gears and think about how it was always said no nation would ever do that. Now, could America do the same should, say, $106 trillion in unfunded liabilities isn't paid off when it comes due?

I also find it funny that corruption in North Korea is law:

The government has also criminalized everyday market behavior while creating a new kind of gulag for those it deems economic criminals, according to a report released this fall by the East-West Center, a research organization established by Congress to promote understanding of Asia.

The report says security forces in North Korea have broad discretion to detain without trial nearly anyone who buys or sells in the local markets. But if traders can pay bribes, security officials will often leave them alone, the report says.

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