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Wednesday, August 17, 2011

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Carve a Bottle Opener into Your House Key for Pocket-Friendly Drink Liberation

By Adam Pash

Carve a Bottle Opener into Your House Key for Pocket-Friendly Drink Liberation

Carrying a bottle opener on your keychain has obviously useful applications, but it also means adding considerable bulk to your keychain and pocket. A user at DIY site Instructables solves this dilemma like some sort of thirst-quenching beverage god by carving a bottle opener directly into his house key.

All you'll need to accomplish this clever project is a to-be-improved key, a bottle opener (to use as a guide), a marker, a vise, and a dremel. (Oh, and safety goggles so you don't get bits of brass in your eyes. Safety first!) From there it's a pretty self-explanatory process. Mark they key, put it in the vise, and cut away. Then test it. And again. Delicious.

Carve a Bottle Opener into Your House Key for Pocket-Friendly Drink LiberationNow you have little to no excuse for begging a bottle opener off anyone. You are the master of your beverage consumption.

Bottle Opener Key | Instructables

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This Is For Everyone Who Thinks The US Can't Fund Its Own Debt


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Wednesday, August 17, 2011
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This Is For Everyone Who Thinks The US Can't Fund Its Own Debt

On CNBC, China observer Stephen Roach argued that the US needs to heed the warnings of China, because the US can't fund its own debt domestically because it doesn't save.

This is just not true.

This chart shows the total net worth of households and non-profits in the US. It's basically the private sector's "book value" and it currently stands close to $60 trillion, far bigger than US government's debt.

Even if there were no foreign buyers of US debt -- a ludicrous idea, so long as foreigners run a trade surplus with the US that must be recycled -- the US has plenty of domestic savings.

This idea that we have to go begging to China to keep the government open is nothing more than dangerous nonsense that feeds into fears, stoking misguided political agendas. Read »


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