It looks just like this...

Korean peninsula map:



Korean peninsula at night:



ANY QUESTIONS?

Quote from: Mountainshield on July 26, 2013, 03:41:51 AM
This is a big problem with having short term elected officials in power.

Actually, that's exactly what we want.  Shorter terms, no benefits, no salaries, and get them in and out; otherwise, they grow roots.

Quote
When my county or commune as it is called in Norwegian faced deficit after the socialist party had played stock market brokers instead of doing their job (they used taxes to invest in companies of their choice which led to massive deficits) they decided to save the communal budget by selling off major communal companies, property and assets to foreign and federal agents. This led to one year of massive surpluss which was used in incredible amounts of art project (one of the million expense project was converting a rooftop into a flickering wave) around the city, as it turned out most of these suddenly rich artists were socialist party members themselves.

After that year the budget was in even more deficits than it was before as now the commune did not have the revenue from the assets and companies they had sold, assets that were bringing in surpluss of capital. The commune was one of the most financially sound communes in Norway until the socialist screwed it up.

I don't think Detroit selling off all these assets are going to help at all, in fact I think they will be detrimental long term. Cutting spending is the issue, doesn't help that you earn a million by a one time sell if your annual deficit is in the billions.

The thing about the assets is they were purchased with taxpayer money.  These assets also cost money to keep on the books.  Also, the main thing, is dumping these assets sets the tone.  A government needs to be fiscally responsible, and keeping needless assets on the books does not scream that fiscal responsibility.

They're still getting their arena...

Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.

Advocates of the arena say it's the kind of economic development needed to attract both people and private investment dollars into downtown Detroit. It's an argument that has convinced Michigan Gov. Rick Snyder and Kevyn Orr, the emergency manager he appointed to oversee the city's finances, to stick with the plan. Orr said Detroit's bankruptcy filing won't halt the arena plans.

"I know there's a lot of emotional concern about should we be spending the money," said Orr. "But frankly that's part of the economic development. We need jobs. If it is as productive as it's supposed to be, that's going to be a boon to the city."

But critics say the project won't have enough economic impact to justify the cost, and that it's the wrong spending priority for a city facing dire economic conditions.

Detroit city services are already stretched extremely thin. On average, police take about an hour to respond to calls for help, and 40% of street lights are shut off to save money.

"If you want people to live in the city, and not just visit to go to games, you have to invest in schools, in having the police to respond to calls," said Gretchen Whitmer, the Democratic leader in the state senate. "There are so many investments that should trump a sports stadium."

Additionally, Orr wants to make deep cuts to both the pensions and health care coverage promised to city employees and retirees.

The state legislature approved the taxpayer funding for the arena in December. The controversial vote split Detroit's own legislative delegation. Whitmer argues that the matter should be reconsidered given the city's worsening finances.

"If the vote was held today, since the bankruptcy, I wouldn't put my money on it passing," she said.

http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/