mellowtigger: (economy)
[personal profile] mellowtigger
The Telegraph is a conservative newspaper in England.  Go see what they are saying now about the American economy.  They move from one discouraging observation to another to yet another.
"America slides deeper into depression as Wall Street revels"

Oh, and don't miss reading the comments.  They're a hoot.

Sort of related, here is an interest image that shows what resources our expanding industry is exhausting.  (Peak Oil is so yesterday.  We're at Peak Everything already.)  Now you can see why China is securing its mineral access all over the planet.



For those interested in an amusing detour...

English politics has included 2 familiar terms for over 300 years: Whigs and Tories.  The Whigs were analogous to our recent Democrats.  They were "the party of the country" (poor people), opposed to slavery, and favored parliament over monarchy.  The Tories were akin to our recent Republicans.  They were "the party of the court" (rich people), rather nationalist ("God, King, and Country"), and favored monarchy (only with proper religious credentials, of course).  These parties transplanted to America too, which you'd remember if you were forced to read Johnny Tremain in school (as I was, yuck).

America began building its first long-distance telegraph in 1843, after Congress paid $30,000 to fund the effort.  It would eventually connect Washington D.C. with Baltimore, Maryland.  Yes, these cities were a whole 40 miles away from each other.  Even before the line was completed, however, it delivered its first important message.  The Whig party was holding its national convention in Baltimore on May 1, 1844.  They wanted to rush an announcement of their nominee to Washington.  The telegraph had not reached Baltimore yet, so they hand carried it to nearby Annapolis Junction.  From there, the news was wired to the capitol where it was received by Samuel Morse (of Morse code fame). 

Just a few years later, in 1855, a little outfit in England began publishing a newspaper called The Daily Telegraph.  It's a conservative voice and is sometimes referred to as the Torygraph.

There, do you see it now?  The Torygraph is named after a device whose first long-distance event between major cities was a Whig announcement.

Hey... I thought it was amusing!

Date: 2010-Jan-14, Thursday 05:18 am (UTC)
From: [identity profile] litch.livejournal.com
I liked Johnny Tremain, of course I read it of my own free will.

I think there is a fortune to be made in mining old dumps & land fills. Grind it up, spin it down and seperate out by weight.

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