Thursday, June 27, 2013

Very Bad News for Europe’s Young People




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Very Bad News for Europe’s Young People



If young people in Europe were a company, I would be telling you to sell the stock.
Why? Well, because politicians want to help them. And, as perfectly illustrated by this Eric Allie cartoon (as well as the cartoon he has at the bottom of this post), government at best unintentionally harms those it tries to help.
To see what I’m talking about, here’s some of what the EU Observer is reporting today.
EU leaders gathering in Brussels on Thursday (27 June) for a two-day summit will again turn to measures aimed at helping young people to get jobs, as unemployment figures soar in southern countries. The summit kicks off at 4.30pm local time with a meeting between leaders, trade unions and employers’ associations, to hear what actions they are taking to boost youth employment. …The European Commission has already drafted a paper on how the EIB could boost its lending powers. Its loans are used mostly by small and medium enterprises, which could hire more young people if they get the money to fund expansion. Under the most ambitious scenario, EIB lending could exceed €100 billion.









Inventor Of World Wide Web Accuses West Of hypocrisy



Sir Tim Berners-Lee has lashed out at Western governments, calling them hypocritical for spying on the internet while reproaching other oppressive nations for doing the same; adding that the revelations may change the way people use computers. The British computer scientist, who invented the Web in 1989, accused the West of "insidious" online spying after whistleblower Edward Snowden leaked details of the US National Security Agency’s (NSA) dragnet telephone and internet surveillance programs, implicating US and UK in a wave of international criticism. This guy has some serious credentials as a decent human being. He advocates the idea that net neutrality is a kind of human network right: "Threats to the Internet, such as companies or governments that interfere with or snoop on Internet traffic, compromise basic human network rights." He fights for open data and net nuetraility and is the founder of the World Wide Web Foundation which "Advances the Web to empower humanity by launching transformative programs that build local capacity to leverage the Web as a medium for positive change." -Mort






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