ECONOMIC ALTERNATIVES- NORWAY


	ECONOMIC ALTERNATIVES- NORWAY

klippety

5-15-2009 5:44 PM

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klippety says:

Much to be learned from a society that believes in education and the responsibilities of a government to do ALL for its people. Not perfect perhaps, but a systemic difference in approach and execution of the rule of law. Economic law is the bases for law for the people.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0cc38784-ce64-43d5-8201-da7431082cb5/F7A43625-E695-48E0-8B8D-062DAE45F3C4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#" href="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><H1>
<NYT_HEADLINE type=" " version="1.0">
Thriving Norway Provides an Economics Lesson
</NYT_HEADLINE>
</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.nytimes.com/img/E24299A5-69DB-4C9F-9742-DE75CCD38D0B" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P>OSLO  —  When capitalism seemed on the verge of collapse last fall, Kristin  Halvorsen, Norway’s Socialist finance minister and a longtime free market skeptic, did more than crow.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><DIV id="inlineMultimedia">
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<A href="javascript:pop_me_up2('http://www.nytimes.com/imagepages/2009/05/14/business/14frugal.graf01.ready.html', '520_507', 'width=520,height=507,location=no,scrollbars=yes,toolbars=no,resizable=yes')">
<IMG height="126" border="0" width="190" alt="Sea of Plenty" src="http://graphics8.nytimes.com/images/2009/05/14/business/14frugal-graf01-190.jpg" /><SPAN class="mediaType graphic">Graphic</SPAN>
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<A href="javascript:pop_me_up2('http://www.nytimes.com/imagepages/2009/05/14/business/14frugal.graf01.ready.html', '520_507', 'width=520,height=507,location=no,scrollbars=yes,toolbars=no,resizable=yes')">Sea of Plenty</A> 
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</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#">As investors the world over sold in a panic, she bucked the tide,  authorizing Norway’s $300 billion <A title="More articles about sovereign wealth funds." href="http://topics.nytimes.com/top/reference/timestopics/subjects/s/sovereign_wealth_funds/index.html?inline=nyt-classifier">sovereign wealth fund</A> to ramp up its  stock buying program by $60 billion — or about 23 percent of Norway ’s economic output</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P>The global financial crisis has brought low the economies of just  about every country on earth. But not Norway. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.nytimes.com/img/5E798ABC-DA28-4E5F-BE72-8F84291ADC76" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P class="caption">
Friends meeting in an Oslo nightspot. Norway’s economy grew 3 percent last year as many nations plunged into a recession. 
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#">With a quirky contrariness as deeply etched in the national character  as the fjords carved into its rugged landscape, Norway has  thrived by going its own way. When others splurged, it saved. When  others sought to limit the role of government, Norway strengthened it</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F7A43625-E695-48E0-8B8D-062DAE45F3C4/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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