Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (130977)	4/23/2012 7:22:53 PM
From: TimF	1 Recommendation Respond to of 224748

So somehow this would cause inflation in Europe even though no actual cash changed hands? In the short run it might create inflationary pressure in Europe, since more money would be spent there, assuming people selling the things there actually take the dollars. If it just increases imports then you have goods from the US counterbalancing the money from the US (or maybe goods from a third country but then they have to do something with the dollars). In at least the long run, if not sooner, the money would likely flow back to the US. People in Paris are not going to have local dollar bank accounts. The money will be spent on US goods, or lent to US governments, or invested in or lent to the US private sector, or deposited in foreign (from the Euro's perspective) accounts in the US. They might spend/lend/invest in/with third countries, but then they (or people in 4th or 5th or 6th...) countries will spend, lend or invest it in the US sooner or later. Since your increasing the dollar supply it would tend to cause dollar inflation at least in the long run. Unless people start using the dollar in the other countries. The corner bakery, the local bank, the supermarket, the car dealer, all start accepting dollar bills and dollar checks or electronic payments denominated in dollars. Then you are increasing the supply of goods and services that can be bought for dollars, offsetting the total increase in the dollar money supply. Or to look at it another way your increasing the demand for dollars (more people will be holding them and using them) to counteract the increase in the supply, so the value of the dollar isn't driven down. But I don't think sending $400bil to Europe would cause Europeans to start using dollars. In fact they might be less willing to hold on to dollars because of the increase in the dollar supply could reduce confidence in the value of the dollar. If $400bil isn't enough for that then make it $4tril or even more, some value would be enough to destroy confidence in the dollar, and make people think we are going to become Zimbabwe 2.

To: lorne who wrote (130977)	4/23/2012 7:52:11 PM
From: FJB	3 Recommendations Respond to of 224748

Police Make Second Arrest In St. Patrick’s Day Beating April 23, 2012 5:36 PM BALTIMORE (WJZ) — Police make another arrest in the beating of a Baltimore tourist. A young woman is the second person to be charged in the brutal attack caught on tape. Weijia Jiang has more on the suspect and why police still need your help. In this humiliating video gone viral, a Baltimore tourist was beaten, robbed and later stripped naked by a throng of attackers. Now, 20-year-old Shayona Davis is behind bars, charged with assault and armed robbery. “Miss Davis used her shoe, her high-heeled shoe, as a weapon during that attack. Prosecutors and detectives were able to charge her with armed robbery because she used that shoe as a blunt force object,” said Anthony Guglielmi. VIDEO: baltimore.cbslocal.com Davis is the second suspect in police custody for the beating. Last week, 20-year-old Aaron Parsons turned himself in after tipsters from as far away as California called authorities. Parsons was seen throwing the first punch at the victim and publicly apologized in a local TV news interview. Detectives have also identified 18-year-old Deangelo Carter and 21-year-old Shatia Baldwin in the video and put warrants out for their arrests. As you can see in the video, there are many more than four suspects in this case. Police are heavily relying on help from the public to identify those people. “Just do the right thing. This was an incredible embarrassment for Baltimore and I think Baltimoreans are outraged for what happened and I think people need to be held accountable for actions,” Guglielmi said. Parsons’ attorney says his client has no part in tracking down others. “There’s this notion he’s working along with these people and that’s not the case at all. He doesn’t know them to be able to give information on them,” said Warren Brown. Police urge anyone who does to help bring justice to the victim and to the city. Davis, who had a bail review earlier Monday, is being held on $750,000 bond. Parsons is being held on half a million dollars’ bond. Police are still seeking the identities of two additional suspects: Deangelo Carter, 18, and Shatia Baldwin, 21. Anyone with information should call Warrant Apprehension Task Force at 410-637-8970.