To answer your question.
No, PSU's don't work that way. When you join a 12V + 5V you actually get 7 Volts. The difference between 12 and 5. Clarification on this point: 12v on the positive, 5v on the negative (eg for a fan) gets you 7v. You don't use the black ground for this. If you join 12v + 5v on the anode and use the ground (black) on the cathode, I believe you'll definitely get an imbalance on the rails and burn the PSU out. You won't get 17v.
When you join 12V to 12V, you won't get 24V, you may increase the amperage at best, most likely nothing will happen and at worst, you'll get an imbalance on the rails and blow the PSU out (not likely).
There is a really good write up on how PSU's work and how to modify them into project power supply boxes. I'll see if I can find it.