Monday, January 28, 2013

news stuff

And in the news ...

-- The dead are not always excused from a day in court -- and occasional postmortem execution -- as a tale out of Russia and earlier litigation makes clear.

-- A video takes on the age-old question of what happens when an unstoppable force and an immovable object collide.

-- In Pennsylvania, a school has 'solved' another age-old problem by requiring boys to request and sign out for toilet paper.

-- Iceland has breathed a sigh of relief since a court ruled it does not have to repay outlays by British and Dutch governments that covered Icelandic bank depositors' losses during the 2008 economic collapse. Five billion dollars.
The Luxembourg-based European Free Trade Association Court ruled that deposit-guarantee laws did not cover "a systemic bank failure of the magnitude experienced in Iceland."
"Systemic" is an interesting word. I guess that, depending on circumstances, it can mean that no one can be held responsible for organizing and promoting a particular system. Talk about "the dog ate my homework!"

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