ORLY? Inflation moved gold from about $250 to around $1700 in about a decade. Inflation moved oil from around $12 in 2000 to about $95 now. Of-course I am not going to bring up the bubbles that were inflated by the gov't in that time period (stock bubble just burst in around 2000, housing bubble was inflated in that time period and it's the bond bubble now, which really is the gov't bubble, fiat currency bubble).
The fact is that inflation is anywhere between 8% and 15% year to year and it is not uniformly reflected in real prices, it is all about money supply. More and more cash is chasing the same (or fewer) goods. The gov't is creating inflation in order to continue its unsustainable levels of spending (you can click and read my sig). Inflation is directed into the bond market, which makes it worse, because it is possible to fool most people for a longer period of time this way about inflation, while in reality it is pooling in large quantities in the central banks, commercial banks, mutual funds (pension funds), the Fed, etc. The Fed is buying over 90% of all newly issued Treasury bonds, the market doesn't want to absorb new bonds, it takes short term bills for now.
At some point in not distant future, the market will dump the bonds as the bubble will burst, at that point I fully expect the Fed to start absorbing all the bonds that the market will be dumping with newly created fiat and cause actual hyper-inflation and collapse of the US dollar.
Of-course it is possible that the Fed won't do it and as the interest rates rise dramatically the people would hold the bonds, but (again, read my sig), USA cannot pay the interest if the rate even goes up to real 2% from negative yield today, USA doesn't produce enough of anything to be able to afford it.
The inflation that you are not seeing is exactly like the dot com bubble and the housing bubble that you most likely didn't see.
Ah, you see, I make the argument that the Constitution is not in fact a "living, breathing, malleable document", that it is to the government what criminal code is to an individual.
The Constitution is the law and when the government officials say that the law needs to be interpreted rather than clarified and amended if it is unclear on something, what they are saying and doing is they are breaking it.
A murder trial involves figuring out whether murder was committed and whether the individual in front of the judge and jury did it and what the punishment should be. Of-course jury can nullify the law, but so far I hear that nobody tried doing that during a murder trial. So the trial does not include figuring out whether murdering people is bad, whether the legislature that set the law meant for people to be murdered under certain circumstances, if the person murdering them was doing it while pursuing criminals (or terrorists) as a government official for example.
Same thing must be done in case of the Constitutional law, same thing exactly - if something is unclear in the Constitution it needs to be clarified IN the Constitution.
However the Constitution must be followed, it is the chains around the hands and the legs of the government. It is supposed to be the chains that hold government within its limits. But what happened to that idea? The politicians figured out that amending the Constitution is too damn hard, they would rather break the law and call that "an interpretation".
I should amend the post title. I used to keep trying to use Facebook (and MySpace, Digg, Reddit, Friendster, Pinterest, etc.). But now, I don't. These aren't places where healthy people hang out.
- yeah, but here, on/., we are the paragon, the shining beacon, the city on the hill, the perfect example of the healthy, both in the mind and in the body./. - if you feel you are healthy.
but I would never in a million years say Java is dead.
- now I actually like Java, but I wouldn't be throwing hyperboles around like that. The only language that I know of that still WILL be around in a million years from now is RNA encoding.
As always when it comes to economics,/. is mostly a place of mass confusion and delusion.
USPS shouldn't have a monopoly and in reality in today's world it shouldn't exist and obviously since USA is bankrupt (my sig), it will be shutting down like most government agencies in not too distant future. I'd rather see it happen sooner than later, within the next 2-3 years, because I'd like to see a recovery actually happen in the next 4-5 years, if the collapse is prolonged (or if the US gov't goes full blown tyrannical, dictatorial), then the eventual restructuring may take most of this century and I won't see it happen, oh well.
I am talking about inflation of all currencies of-course, but right now USD, UK pound and Japanese Yen are the worst offenders.
Of-course there is a big difference between Japane and USA. Japanese central bank holds 1.3Trillion reserves in US Treasury bonds and USD, Japanese population holds another 2Trillion, so at least in theory before Japan collapses USA has to collapse, because Japan can call the debt.
In practice USA can't return any of its debts (see my signature).
I am talking about the coming bond collapse and USD crisis.
So they are realising the burden of the SEC regulations and the risk of holding cash reserves rather than their own stock. Their own stock will go up in value relative to the USD because of the inflation, holding cash in a bank (especially USD) is a bad idea the inflation is so bad. Holding to your own stock is a much better deal.
But don't buy government or private bonds, you will get seriously hurt.
If ever there was a reason for impeachment, this is it.
Murder of people, just murder, no due process, no justice, if this does not signal to the people that they are now living in an oppressive, tyrannical state, then what does?
I can see it though: those who want "Obama check" most likely don't care. To them it doesn't matter that money that is given to them is stolen, but how about murder?
I bet they don't care about murder either, as long as the 'money from a bottle keep coming.
First off, it's a non sequitur. No government went bankrupt for calling internet access a human right.
- you simply don't understand how it follows, that socialist ideology that is so prevalent and dominant nowadays causes destruction of the economy by putting undue burden on the producing population to subsidise the unproductive population. It's theft, and yes, it is theft even if it is legal.
Legality is just a term, government can make something legal or illegal in a split second. One day it's legal to sell and drink alcohol, the next day it's not. One day it's illegal to STEAL from people, the next day they call it "social justice", and it's exactly what they do - they steal private property from people via income taxes, and the reason they were able to pass it as legal (and it's not actually legal, but the system now protects the income tax regardless of the fact that it is actually illegal and it is collected illegally) was because of immediate discrimination that socialism requires, allows and is all about.
Socialism is discrimination, any idea that requires that somebody must provide you with entitlements that you didn't pay for and through the threat of government violence is discrimination and theft. The 1% or 2% that were to be hit with the new income taxes back in 1913 didn't have a choice in the matter, because of the implicit and explicit support by the huge voting majority, that was cheering for such measures.
However the 1% or 2% who where the foot in the door thanks to the socialist ideology of theft and discrimination became the gateway for the growth of government and eventually today there are withholding taxes, the employer is turned into an UNPAID tax collector for the IRS, and everybody is afraid of the IRS that will come and confiscate your money and will throw you to jail.
And that's NOT freedom, the government must be afraid of its people, not the other way around. Americans (and the rest really), who are just too happy to vote for the wealthier than them to pay more thaxes, don't want to pay anything themselves, but they WILL snitch on their neighbours to the IRS and they will comply with every illegal rule that IRS insists is the law, but won't actually provide any documentation as to how any of it is law.
"A bird is not a creature with a beak, a bird is a creature with wings." Both are rights. You're just parroting the silly anti-human nonsense of the conservatives.
- obviously you haven't read my comments or journal entries over the years, if you have, you'd realise that I could be the standard for what you call "anti-human", of-course you are completely wrong. I am completely pro-individual, it is the socialists that are anti-human.
Socialists murdered people, socialists murdered millions of people. They do this for the 'greater good' apparently, but you don't call them anti-human. I do. They are anti-human, they are beneath dirt, they make dirt look good in comparison.
No, entitlements, in governance, refers to whether the money apportioned must be spent in a specific way or not.
- government has no money but what it steals, either steals by taxing income of the working minority or it steals by printing money (inflation), or it steals by pretending to borrow (it doesn't borrow, it has nothing to pay the debts back with).
The entire socialist, Keynesian system is based on theft, lies and discrimination. I am going to be truly happy to see the end of all of these systems, the collapse will be horrendous, but it will finally bring the
Yeah, well, governments around Europe are going bankrupt (and USA is also bankrupt), which is not a surprise with attitudes and ideas like that.
A right is not something that somebody else must provide you with. A right is ability not to be bothered illegally by government.
What you are describing as a 'right' is in fact an entitlement and it puts an obligation on somebody to provide you with that entitlement. Get your terms straight, then you'll realise what European governments are doing has an actual proper name for it: discrimination and theft.
Do you notice the effects of inflation on your business? Are material costs, labour costs, parts, energy, land lease, whatever your input costs are, are they going up above the government stated CPI and other types of inflation reporting numbers? If so, how do you solve this problem of profitability? Do you end up raising prices or do you find ways to cut costs? Do you absorb the losses at this point, believing that the economy would restructure? How does the government legislation affect your business? How does increase in taxes affect your desire to keep re-investing? Are you considering (or are you already) in foreign markets? Are you outsourcing part of your production, are you looking at it?
As a businessman, what is your general view of the economy and the way it's going?
I see, and the alternative is that you.... don't work for living but try to invent things because.... why would you attempt to invent things if you don't need to work for living?
Necessity is the mother of invention. People invent things not because they sit and think really hard about new way to.... do what?
I said long ago that a culture that doesn't produce is a culture that doesn't need science and education either, because it is production, manufacturing that drives the need for engineers and new innovation and ideas to increase efficiency, productivity, quality, quantity, lower costs and prices and compete. There are schools because there are productive people, creating things.
Cultures (nations) that do not manufacture do not need schools, they have no organic need to invent, they are not looking for a way to make something smaller, cheaper, faster, better, etc. You are kidding yourself if you think that it is possible to have a class of people who will not work for survival but will invent. Sure, there can be an exception to that, but an exception will only prove the rule, and the rule is this: without manufacturing base you lose knowledge base.
Further, your argument implies that earning money to live is something bad, that takes away from society. Does it mean that in your estimation there should be people who produce and there should be people who consume, while 'inventing'? That's called welfare, a subsidy, you can really call it whatever you want, but it's basically theft, because nobody who actually produces for living wants to subsidise people who won't produce. Your idea has to include threat of government violence - legislature to tax some people (a working, productive minority) and to subsidise some other people (who will have the majority vote on their side).
Good luck with that, that's exactly what is wrong with the economies of the West today, they don't like working so much, yet they like the money that is created through work of some, that they are absolutely willing to destroy individual rights of people to have that productive output stolen.
And at the end, as I said, the ones who are subsidised will not produce anything worth a return on that type of wealth transfer, and the real innovation and invention will still be done on the conveyor lines or at whatever manufacturing facilities of the productive people.
Yeah, clearly there aren't any real inventors left unless the government gives them billions of dollars.
(Somebody asked in that story: what are they going to use Graphene for? Clearly they missed the point: to get $1.35Billion in tax payer money. Now that's an invention, though an old one, but still a good one.)
- oh yeah, it's turtles all the way down. We are still manipulating materials, atoms, electrons and photons at best. When are we finally going to go deeper and disassemble this Matrix?
What are you trying to tell me? That I can dodge bullets? No, Neo. I'm trying to tell you that when you're ready, you won't have to.
What exactly are they going to be using the graphene for?
- then you didn't understand what was written. It is a very innovative process of acquiring $1.35B by using this new silver (sorry, Graphene) bullet to solve all our future problems.
Don't you know that the government is great at figuring out the way of the future and that it is so good at investing in all the visionary ideas that the free market is clearly incapable of developing usage of on its own? What does free market really want? How is it really free? Clearly it's not free in that it doesn't give anybody any free money, so clearly the free market is actually impeding on your rights to have government invest into your carbon and Graphene laden future.
AFAIC there are plenty of inventions, most people aren't noticing them because these things today are much more specialised in nature. What they are really looking for and can't find is huge, gigantic breakthroughs, an antigravity device or perpetuum mobile of some sort. They can't see what is not immediately obvious, and what is not immediately obvious does not become a stand alone product in its own right.
I even disagree with the supposed lack of 'cross-sector innovation'. There is probably more cross-sector innovation today than ever before in history, that's because the Inernet allows people to read about solutions that are found and used in other sectors and apply those to themselves. What this guy, Paul Martin says, is that there is "no recognition". Well, shit, that's the only thing I agree with: there is no recognition.
Well sure there is no recognition, and he is the first to lack vision to recognise just how much 'cross sector innovation' is actually happening today compared to decades and centuries ago.
USA has been shooting at people around the world for 60 years now for no reason whatsoever except making money for the military industrial complex and for the oil companies.
It's about time this comes back home, USA general population is too far removed from the reality of its world-wide actions. This is just a training exercise THIS TIME, you don't know when the blanks will be replaced with live rounds, and at some point your government will do it.
Government is stealing individual freedoms. Either the phone is your private property or it is not.
If the phone is your private property, then government is supposed to PROTECT your private property, not steal it from you and punish you for doing whatever you want with it. Instead the politicians buy your votes with the promise of free lunch (which by the way, always ends up much more costly than if you just paid for the services you want to get out of pocket, and that 'free lunch' ends up destroying your economy, which is even a greater cost) and then you vote your individual freedoms away and elect politicians who promise and deliver this theft.
They steal your individual liberties to sell them to the highest bidder. That is what politics is all about, that is why people go to politics, the entire government model, once it is no longer based on the law, on the Constitution, that entire model is theft, racketeering, extortion, bribery and corruption of all types.
Government has destroyed your individual liberties, it is tyranny, and this is just a small example of it.
Mohamed Bouazizi was a 26 y.o. Tunisian who burned himself alive because of government oppression, he became the trigger for the people removing the oppressive tyrannical government from power.
Aaron Schwartz was a 26 y.o. American who killed himself because of government oppression, where are all the people with guns, you have the 2nd amendment, you have more guns than Tunisians, you are SUPPOSED to remove tyrannical oppressive regime from power, what is going on?
And I had to get an astronomy minor to go with my comsci major to get the degree, and here you have a freaking dung beetle using similar knowledge to haul shit around (really). I feel that I've been duped.
Obviously the solution is to arm the trees. Forget about these 'dead tree switches' (those logs aren't calling for help, they are already dead at that point, they are calling for revenge), since tree is calling for revenge at least give it a chance, arm it with a machine gun and an automatic turret, a few cameras, trip wires, some other sensors.
Now a tree can defend itself, give the guns to enough trees and you have a 'well regulated militia'.
At this point the tree can call home and tell the cops to come and pick up the bodies.
This is just another case of government stealing individual liberties from people. It's your phone, whether they like it or not. How is it a GOVERNMENT issue, why is the government able to STEAL individual liberties from people to sell that power that gives control over these liberties to the highest bidder?
That's the problem - government has destroyed your individual liberties, it is tyranny, and this is just a small example of it.
Mohamed Bouazizi was a 26 y.o. Tunisian who burned himself alive because of government oppression, he became the trigger for the people removing the oppressive tyrannical government from power.
Aaron Schwartz was a 26 y.o. American who killed himself because of government oppression, where are all the people with guns, you have the 2nd amendment, you have more guns than Tunisians, you are SUPPOSED to remove tyrannical oppressive regime from power, what is going on?
For some reason I can't find my previous comment that states pretty much the same thing, but AFAIC North Korea is going to join South Korea in a not so distant future.
I think North and South Koreas will become one economic zone, not sure who will get what bribes to allow that to happen, but basically North Korea is with its back against the wall.
North Korea is very unproductive, South is very productive, North can supply the currently unproductive, unexperience workforce and the South can supply capital and management and build something with that workforce.
Overtime North Koreans will gain purchasing power by becoming more and more experienced and productive with the tools supplied by the capital of the South. That is how Communism will really fall in North Korea, not with bombs but through sound economics.
Slashdot Mirror
ORLY? Inflation moved gold from about $250 to around $1700 in about a decade. Inflation moved oil from around $12 in 2000 to about $95 now. Of-course I am not going to bring up the bubbles that were inflated by the gov't in that time period (stock bubble just burst in around 2000, housing bubble was inflated in that time period and it's the bond bubble now, which really is the gov't bubble, fiat currency bubble).
The fact is that inflation is anywhere between 8% and 15% year to year and it is not uniformly reflected in real prices, it is all about money supply. More and more cash is chasing the same (or fewer) goods. The gov't is creating inflation in order to continue its unsustainable levels of spending (you can click and read my sig). Inflation is directed into the bond market, which makes it worse, because it is possible to fool most people for a longer period of time this way about inflation, while in reality it is pooling in large quantities in the central banks, commercial banks, mutual funds (pension funds), the Fed, etc. The Fed is buying over 90% of all newly issued Treasury bonds, the market doesn't want to absorb new bonds, it takes short term bills for now.
At some point in not distant future, the market will dump the bonds as the bubble will burst, at that point I fully expect the Fed to start absorbing all the bonds that the market will be dumping with newly created fiat and cause actual hyper-inflation and collapse of the US dollar.
Of-course it is possible that the Fed won't do it and as the interest rates rise dramatically the people would hold the bonds, but (again, read my sig), USA cannot pay the interest if the rate even goes up to real 2% from negative yield today, USA doesn't produce enough of anything to be able to afford it.
The inflation that you are not seeing is exactly like the dot com bubble and the housing bubble that you most likely didn't see.
Ah, you see, I make the argument that the Constitution is not in fact a "living, breathing, malleable document", that it is to the government what criminal code is to an individual.
The Constitution is the law and when the government officials say that the law needs to be interpreted rather than clarified and amended if it is unclear on something, what they are saying and doing is they are breaking it.
A murder trial involves figuring out whether murder was committed and whether the individual in front of the judge and jury did it and what the punishment should be. Of-course jury can nullify the law, but so far I hear that nobody tried doing that during a murder trial. So the trial does not include figuring out whether murdering people is bad, whether the legislature that set the law meant for people to be murdered under certain circumstances, if the person murdering them was doing it while pursuing criminals (or terrorists) as a government official for example.
Same thing must be done in case of the Constitutional law, same thing exactly - if something is unclear in the Constitution it needs to be clarified IN the Constitution.
However the Constitution must be followed, it is the chains around the hands and the legs of the government. It is supposed to be the chains that hold government within its limits. But what happened to that idea? The politicians figured out that amending the Constitution is too damn hard, they would rather break the law and call that "an interpretation".
I should amend the post title. I used to keep trying to use Facebook (and MySpace, Digg, Reddit, Friendster, Pinterest, etc.). But now, I don't. These aren't places where healthy people hang out.
- yeah, but here, on /., we are the paragon, the shining beacon, the city on the hill, the perfect example of the healthy, both in the mind and in the body. /. - if you feel you are healthy.
but I would never in a million years say Java is dead.
- now I actually like Java, but I wouldn't be throwing hyperboles around like that. The only language that I know of that still WILL be around in a million years from now is RNA encoding.
Regulation, when done well, is almost impossible to corrupt.
- ha ha ha ha ha ha ha ha ha ha!
Regulation, when done well, is indistinguishable from corruption. Fixed that for you.
Dude, regulation IS corruption.
USPS has a monopoly on 'first class mail', nobody is allowed to compete with them in that sector because of government.
As always when it comes to economics, /. is mostly a place of mass confusion and delusion.
USPS shouldn't have a monopoly and in reality in today's world it shouldn't exist and obviously since USA is bankrupt (my sig), it will be shutting down like most government agencies in not too distant future. I'd rather see it happen sooner than later, within the next 2-3 years, because I'd like to see a recovery actually happen in the next 4-5 years, if the collapse is prolonged (or if the US gov't goes full blown tyrannical, dictatorial), then the eventual restructuring may take most of this century and I won't see it happen, oh well.
I am talking about inflation of all currencies of-course, but right now USD, UK pound and Japanese Yen are the worst offenders.
Of-course there is a big difference between Japane and USA. Japanese central bank holds 1.3Trillion reserves in US Treasury bonds and USD, Japanese population holds another 2Trillion, so at least in theory before Japan collapses USA has to collapse, because Japan can call the debt.
In practice USA can't return any of its debts (see my signature).
I am talking about the coming bond collapse and USD crisis.
So they are realising the burden of the SEC regulations and the risk of holding cash reserves rather than their own stock. Their own stock will go up in value relative to the USD because of the inflation, holding cash in a bank (especially USD) is a bad idea the inflation is so bad. Holding to your own stock is a much better deal.
But don't buy government or private bonds, you will get seriously hurt.
If ever there was a reason for impeachment, this is it.
Murder of people, just murder, no due process, no justice, if this does not signal to the people that they are now living in an oppressive, tyrannical state, then what does?
I can see it though: those who want "Obama check" most likely don't care. To them it doesn't matter that money that is given to them is stolen, but how about murder?
I bet they don't care about murder either, as long as the 'money from a bottle keep coming.
First off, it's a non sequitur. No government went bankrupt for calling internet access a human right.
- you simply don't understand how it follows, that socialist ideology that is so prevalent and dominant nowadays causes destruction of the economy by putting undue burden on the producing population to subsidise the unproductive population. It's theft, and yes, it is theft even if it is legal.
Legality is just a term, government can make something legal or illegal in a split second. One day it's legal to sell and drink alcohol, the next day it's not. One day it's illegal to STEAL from people, the next day they call it "social justice", and it's exactly what they do - they steal private property from people via income taxes, and the reason they were able to pass it as legal (and it's not actually legal, but the system now protects the income tax regardless of the fact that it is actually illegal and it is collected illegally) was because of immediate discrimination that socialism requires, allows and is all about.
Socialism is discrimination, any idea that requires that somebody must provide you with entitlements that you didn't pay for and through the threat of government violence is discrimination and theft. The 1% or 2% that were to be hit with the new income taxes back in 1913 didn't have a choice in the matter, because of the implicit and explicit support by the huge voting majority, that was cheering for such measures.
They are still cheering today, today they don't bother even thinking about work anymore.
However the 1% or 2% who where the foot in the door thanks to the socialist ideology of theft and discrimination became the gateway for the growth of government and eventually today there are withholding taxes, the employer is turned into an UNPAID tax collector for the IRS, and everybody is afraid of the IRS that will come and confiscate your money and will throw you to jail.
And that's NOT freedom, the government must be afraid of its people, not the other way around. Americans (and the rest really), who are just too happy to vote for the wealthier than them to pay more thaxes, don't want to pay anything themselves, but they WILL snitch on their neighbours to the IRS and they will comply with every illegal rule that IRS insists is the law, but won't actually provide any documentation as to how any of it is law.
"A bird is not a creature with a beak, a bird is a creature with wings." Both are rights. You're just parroting the silly anti-human nonsense of the conservatives.
- obviously you haven't read my comments or journal entries over the years, if you have, you'd realise that I could be the standard for what you call "anti-human", of-course you are completely wrong. I am completely pro-individual, it is the socialists that are anti-human.
Socialists murdered people, socialists murdered millions of people. They do this for the 'greater good' apparently, but you don't call them anti-human. I do. They are anti-human, they are beneath dirt, they make dirt look good in comparison.
No, entitlements, in governance, refers to whether the money apportioned must be spent in a specific way or not.
- government has no money but what it steals, either steals by taxing income of the working minority or it steals by printing money (inflation), or it steals by pretending to borrow (it doesn't borrow, it has nothing to pay the debts back with).
The entire socialist, Keynesian system is based on theft, lies and discrimination. I am going to be truly happy to see the end of all of these systems, the collapse will be horrendous, but it will finally bring the
Yeah, well, governments around Europe are going bankrupt (and USA is also bankrupt), which is not a surprise with attitudes and ideas like that.
A right is not something that somebody else must provide you with. A right is ability not to be bothered illegally by government.
What you are describing as a 'right' is in fact an entitlement and it puts an obligation on somebody to provide you with that entitlement. Get your terms straight, then you'll realise what European governments are doing has an actual proper name for it: discrimination and theft.
Do you notice the effects of inflation on your business? Are material costs, labour costs, parts, energy, land lease, whatever your input costs are, are they going up above the government stated CPI and other types of inflation reporting numbers? If so, how do you solve this problem of profitability? Do you end up raising prices or do you find ways to cut costs? Do you absorb the losses at this point, believing that the economy would restructure? How does the government legislation affect your business? How does increase in taxes affect your desire to keep re-investing? Are you considering (or are you already) in foreign markets? Are you outsourcing part of your production, are you looking at it?
As a businessman, what is your general view of the economy and the way it's going?
I see, and the alternative is that you .... don't work for living but try to invent things because.... why would you attempt to invent things if you don't need to work for living?
Necessity is the mother of invention. People invent things not because they sit and think really hard about new way to .... do what?
I said long ago that a culture that doesn't produce is a culture that doesn't need science and education either, because it is production, manufacturing that drives the need for engineers and new innovation and ideas to increase efficiency, productivity, quality, quantity, lower costs and prices and compete. There are schools because there are productive people, creating things.
Cultures (nations) that do not manufacture do not need schools, they have no organic need to invent, they are not looking for a way to make something smaller, cheaper, faster, better, etc. You are kidding yourself if you think that it is possible to have a class of people who will not work for survival but will invent. Sure, there can be an exception to that, but an exception will only prove the rule, and the rule is this: without manufacturing base you lose knowledge base.
Further, your argument implies that earning money to live is something bad, that takes away from society. Does it mean that in your estimation there should be people who produce and there should be people who consume, while 'inventing'? That's called welfare, a subsidy, you can really call it whatever you want, but it's basically theft, because nobody who actually produces for living wants to subsidise people who won't produce. Your idea has to include threat of government violence - legislature to tax some people (a working, productive minority) and to subsidise some other people (who will have the majority vote on their side).
Good luck with that, that's exactly what is wrong with the economies of the West today, they don't like working so much, yet they like the money that is created through work of some, that they are absolutely willing to destroy individual rights of people to have that productive output stolen.
And at the end, as I said, the ones who are subsidised will not produce anything worth a return on that type of wealth transfer, and the real innovation and invention will still be done on the conveyor lines or at whatever manufacturing facilities of the productive people.
Just a coincidence that these 2 are found on the /. front page one just a tiny while after the other:
Are There Any Real Inventors Left?
Nokia Receives $1.35B Grant To Develop Graphene Tech
Yeah, clearly there aren't any real inventors left unless the government gives them billions of dollars.
(Somebody asked in that story: what are they going to use Graphene for? Clearly they missed the point: to get $1.35Billion in tax payer money. Now that's an invention, though an old one, but still a good one.)
We still, all these years later just boil water
- oh yeah, it's turtles all the way down. We are still manipulating materials, atoms, electrons and photons at best. When are we finally going to go deeper and disassemble this Matrix?
What are you trying to tell me? That I can dodge bullets?
No, Neo. I'm trying to tell you that when you're ready, you won't have to.
What exactly are they going to be using the graphene for?
- then you didn't understand what was written. It is a very innovative process of acquiring $1.35B by using this new silver (sorry, Graphene) bullet to solve all our future problems.
Don't you know that the government is great at figuring out the way of the future and that it is so good at investing in all the visionary ideas that the free market is clearly incapable of developing usage of on its own? What does free market really want? How is it really free? Clearly it's not free in that it doesn't give anybody any free money, so clearly the free market is actually impeding on your rights to have government invest into your carbon and Graphene laden future.
AFAIC there are plenty of inventions, most people aren't noticing them because these things today are much more specialised in nature. What they are really looking for and can't find is huge, gigantic breakthroughs, an antigravity device or perpetuum mobile of some sort. They can't see what is not immediately obvious, and what is not immediately obvious does not become a stand alone product in its own right.
I even disagree with the supposed lack of 'cross-sector innovation'. There is probably more cross-sector innovation today than ever before in history, that's because the Inernet allows people to read about solutions that are found and used in other sectors and apply those to themselves. What this guy, Paul Martin says, is that there is "no recognition". Well, shit, that's the only thing I agree with: there is no recognition.
Well sure there is no recognition, and he is the first to lack vision to recognise just how much 'cross sector innovation' is actually happening today compared to decades and centuries ago.
Will Renewable Energy Ever Meet All Our Energy Needs?
- not if by 'renewable' you mean wind, solar and such. Yes if you realise on cosmic scales Uranium is just as renewable as wind power.
Read my sig. Actually click on it and read it.
USA has been shooting at people around the world for 60 years now for no reason whatsoever except making money for the military industrial complex and for the oil companies.
It's about time this comes back home, USA general population is too far removed from the reality of its world-wide actions. This is just a training exercise THIS TIME, you don't know when the blanks will be replaced with live rounds, and at some point your government will do it.
As I said earlier in that "-1 Insightful" comment, this is just another theft of individual liberties.
Government is stealing individual freedoms. Either the phone is your private property or it is not.
If the phone is your private property, then government is supposed to PROTECT your private property, not steal it from you and punish you for doing whatever you want with it. Instead the politicians buy your votes with the promise of free lunch (which by the way, always ends up much more costly than if you just paid for the services you want to get out of pocket, and that 'free lunch' ends up destroying your economy, which is even a greater cost) and then you vote your individual freedoms away and elect politicians who promise and deliver this theft.
They steal your individual liberties to sell them to the highest bidder. That is what politics is all about, that is why people go to politics, the entire government model, once it is no longer based on the law, on the Constitution, that entire model is theft, racketeering, extortion, bribery and corruption of all types.
Government has destroyed your individual liberties, it is tyranny, and this is just a small example of it.
Mohamed Bouazizi was a 26 y.o. Tunisian who burned himself alive because of government oppression, he became the trigger for the people removing the oppressive tyrannical government from power.
Aaron Schwartz was a 26 y.o. American who killed himself because of government oppression, where are all the people with guns, you have the 2nd amendment, you have more guns than Tunisians, you are SUPPOSED to remove tyrannical oppressive regime from power, what is going on?
And I had to get an astronomy minor to go with my comsci major to get the degree, and here you have a freaking dung beetle using similar knowledge to haul shit around (really). I feel that I've been duped.
Obviously the solution is to arm the trees. Forget about these 'dead tree switches' (those logs aren't calling for help, they are already dead at that point, they are calling for revenge), since tree is calling for revenge at least give it a chance, arm it with a machine gun and an automatic turret, a few cameras, trip wires, some other sensors.
Now a tree can defend itself, give the guns to enough trees and you have a 'well regulated militia'.
At this point the tree can call home and tell the cops to come and pick up the bodies.
This is just another case of government stealing individual liberties from people. It's your phone, whether they like it or not. How is it a GOVERNMENT issue, why is the government able to STEAL individual liberties from people to sell that power that gives control over these liberties to the highest bidder?
That's the problem - government has destroyed your individual liberties, it is tyranny, and this is just a small example of it.
Mohamed Bouazizi was a 26 y.o. Tunisian who burned himself alive because of government oppression, he became the trigger for the people removing the oppressive tyrannical government from power.
Aaron Schwartz was a 26 y.o. American who killed himself because of government oppression, where are all the people with guns, you have the 2nd amendment, you have more guns than Tunisians, you are SUPPOSED to remove tyrannical oppressive regime from power, what is going on?
For some reason I can't find my previous comment that states pretty much the same thing, but AFAIC North Korea is going to join South Korea in a not so distant future.
I think North and South Koreas will become one economic zone, not sure who will get what bribes to allow that to happen, but basically North Korea is with its back against the wall.
North Korea is very unproductive, South is very productive, North can supply the currently unproductive, unexperience workforce and the South can supply capital and management and build something with that workforce.
Overtime North Koreans will gain purchasing power by becoming more and more experienced and productive with the tools supplied by the capital of the South. That is how Communism will really fall in North Korea, not with bombs but through sound economics.