[Info-vax] HP stopping VMS paper documentation ?

[Richard B. Gilbert]

On 11/30/2011 2:43 PM, AEF wrote:
> On Nov 30, 9:57 am, "Richard B. Gilbert"<rgilber... at comcast.net>
> wrote:
>> On 11/29/2011 11:59 PM, AEF wrote:
> [...]
>>
>>> On Nov 29, 2:50 pm, hel... at astro.multiCLOTHESvax.de (Phillip Helbig---
>>> undress to reply) wrote:
>>>> In article
>>>> <ba98c0d7-425e-42bd-a1dd-d2be9d3ef... at q9g2000yqe.googlegroups.com>, AEF
>>
>>>> <spamsink2... at yahoo.com>    writes:
>>>>> _Some_ troubles? How about bankrupting member countries and wreaking
>>>>> havoc with markets around the world? Riots in Greece? Yep, troubles
>>>>> all right.
>>
>>>> Whatever one thinks of the current problems, or of the Euro, the Euro is
>>>> hardly the cause of the problems, rather it is being affected by the
>>>> problems in Greece and elsewhere.  Most of this is probably
>>>> psychological, though (as are most of the ups and downs of various
>>>> markets), considering that the population, GNP, whatever of Greece is
>>>> just a small fraction of the Eurozone.
>>
>>> Being on the Euro makes it impossible for a country to use monetary
>>> policy to fix things. And one country's problems makes things worse
>>> for others, resulting in domino spiraling. The Euro makes a bad
>>> problem much worse. If countries had stayed with their own currencies,
>>> we wouldn't have a Euro crisis. Etc.
>>
>> "Monetary Policy" is a poor tool, one too often used instead of
>> rectifying the underlying problem(s).  I'm afraid the the U.S. is going
>
> So what you're saying is that if interest rates were higher,
> everything would be the same or better? I don't see how that follows.
> In fact, if interest rates are too high you get deflation, which is
> very, very bad. And you get more unemployment. In fact, the
> stagflation of the 70s demonstrated this nicely. Inflation was rising.
> For that you raise interest rates. Unemployment was high, and for that
> you reduce interest rates. A difficult problem indeed! Paul Volcker,
> the Fed chairman at the time, battled this and brought inflation under
> control. The unemployment rate later came down and stagflation was
> beaten.
>
> Yes, monetary policy not a sliver bullet. It is just a tool. Other
> measures must be taken. But it is important, nonetheless.
>
>> to learn the hard way!
>
> What do you suggest we do?
>
>>
>> Add the willingness of the politicians, and their constituents to borrow
>> endlessly instead of living within their means. . . .
>
> It's different at the Fed level.
>
> Reduced spending reduces demand. Reduced demand increases
> unemployment. Increased unemployment means less tax revenue, which
> means even higher deficits. It will take some skill and probably a lot
> of time to get out of the current mess!
>
> AEF

I'd suggest a "reduction in force" in the Federal government.  What they 
"produce" you can't eat, you can't drink, and will not keep you warm at 
night

If they are able to produce anything tangible other than "paper" perhaps
we can export it.  Is there an international market for fertilizer??

If you are approaching retirement or are retired, you might be 
interested to know that the Social Security Trust Fund is invested in 
U.S. government bonds.  It doesn't give ME any great feeling of confidence!