yeah, in a true communist fashion, the system was supposed to take something from those, who 'has the ability' and give it to somebody who 'has the need', so the system was supposed to hack the hands off some other schmuck, because he had them and give them to this guy, after all, private property is not a right under communism at all, and all private property starts with your own body. Freaking communists, never live up to their own ideals. Well, I guess it's everybody.
There was a boom in the economy due to WW1, then a recession after WW1, at least in certain regions. According to your statement, this is did not happen. Please explain how government spending did not increase jobs and add to prosperity.
- gov't can employ plenty of people and this will do absolutely nothing good for the economy, it's an artificial 'boom'. Don't make a mistake thinking that being employed by gov't in a war time economy is a good thing, it's not.
There was rationing of goods, shortages, people didn't have what they wanted, they had to endure the shortages of products during war.
Being employed in a productive economy is different, that's because people are employed making something that the market wants. A war time economy is some of the people making cartridges and filling them with bullets and bombs and some other people emptying the cartridges, in the process destroying infrastructure, productive capacity, resources and killing people.
None of that is good for economy, though sometimes wars are inevitable and some may even think they are necessary, but they are not good. During the war time economy all of the production capacity is aimed at producing goods for war that are destroyed during the war, nobody is living a good life (well, almost nobody).
WW2 ended the great depression in the US. According to your statement, this did not happen. Please explain how government spending did not increase jobs and add to prosperity.
- that did not happen.
WW2 did not end great depression, it was the END of WW2 that allowed the Great Depression to end when the government cut the spending by over 60% and cut taxes by over 30%.
Again, during war many people can be employed building bombs and other weapons and many people are sent to fight the war, many are killed, things are destroyed.
Is that a good economy? Well, if you listen to people like Krugman, they would say: absolutely that's the key, have gov't employing all these people, in fact have wars, real or fake, have people digging and filling in ditches.
From Krugman's perspective what is important is jobs, employment. He doesn't even consider for a moment that people don't want jobs and employment, they want THINGS: products and services.
If gov't employs plenty of people in wars and digging and filling in ditches, the productive part of the economy is left to a smaller and smaller percentage of the population, and nobody wants what a government worker does, everybody wants what the private sector does - all the goods and services.
Public workers, even though they are employed, they are still receiving welfare benefits, which is provided by the people who are actually producing real things, products and services that people actually desire.
Digging ditches and filling them in is a perfect government type job, it's completely unproductive, it doesn't create anything anybody wants, it wastes resources that come out of the pockets of the people who actually produce, it misallocates the resources and labour, but from POV of Krugman it is still a good job.
Well it's not. I don't want to trade with people for my productive output if all they do is dig and fill in ditches being employed by gov't. It's not an equitable trade, I am not getting anything useful out of it. I want to trade with people who make things that I desire and I will trade for things that I make that others desire - that's real trade, voluntary and useful to all sides that are involved by definition (because they voluntarily engage in it).
As to the difference between a government and a private job, there is none. Paying $X to the government for a service via taxes is no different that paying $X dollars to a private company for a service.
- this is complete nonsense. Everything and I mean everything that government does today is something that I would rather buy from private sector IF and WHEN I want it and the
It's not a transaction where goods are being exchange, one person working for another cannot be taxed with neither the uniform excise tax nor with a direct apportioned tax.
You can see my sig and the link in it, where part of that journal entry I made talks specifically about income taxes.
1. Requiring people to buy new sets of chargers, cables, accessories, docks for a new product - I don't understand, why wouldn't you want to give money to Apple? You already have their products, doesn't it mean that you want to give them more money?
2. USB? How would Apple iProduct owners differentiate themselves from the plebes?
- pure nonsense. Derivative markets are basically insurance, they are regulated just like all other insurance products. Options, any type of swap, it's all regulated. But the type of regulation that gov't provided was actually against the sound market, it was the fake free insurance by F&F, FHA. The HUD made the requirements for the 'affordable housing', F&F and FHA created the incentives for the banks to sell mortgages that could never be repaid, not even liar loans, just the ARMs with artificially non-existing lending requirements.
The 2008 bubble was inflated by the federal government and the Federal reserve, and that crash was imminent, the gov't makes bubbles much bigger than any private bubbles.
Enron? Madoff? Those are small potatoes compared to what the Federal reserve and various regulations, like the shit that HUD is there for creates.
Glass Steagall Act created FDIC AND it created the counter-balanced to FDIC, limiting what commercial banks could do with the deposits (namely use deposits in trades). This shows that even in 1933, during the depression, they couldn't create FDIC without having the counter-balance to that gigantic moral hazard.
FDIC was created in order to ensure that the banks don't collapse, that the people aren't scared to bring their money to the banks. Talk about 'brainless wonder', when you speak of FDIC you have no idea that it is a huge bail out/stimulus package for the banks and it is a moral hazard that creates incentives for the banks to do dumb shit and not care about the consequences of the market abandoning them. It's amazing that you know how to type.
Those are a threat alright, they are a threat to the government's ability to steal money, and when I say money, I mean purchasing power. These are the threat to the ability of the governments of the world to steal from you via currency printing and interest rate manipulation.
- actually that's not the case, the wages did go down (that's how the unions were started, to fight this with artificial monopoly on labour), but the prices went down faster and people had more purchasing power over the years.
Wages, did not always go down, they went down in areas where labour could be eventually automated away, but they went UP where more specialised skills were needed. Henry Ford didn't allow unions in his factories, but he did double the wages of his employees in order to retain talent, he double the wages, paying the most in industry (5 dollars a day or 1.25 ounces of gold per week). He also cut the working week to 5 days and cut the hours to 8 per day.
AFTER he has implemented those policies, he was able to double his production output in one year and further slash prices for his Model T cars.
So what do you call 'a lie' exactly? Predictions based on understanding of this phenomena were made, fully explained by the people who made the predictions as to how exactly they came up with their conclusions. The conclusion that the housing is in a bubble, which will collapse, was drawn from the fact that the housing market is propped up by the regulatory and monetary policies of the federal government.
Oh, NHS is beyond reproach, beyond criticism? I don't actually care about UK health care system, but one thing is certain - just like the rest of the socialist ideology and mandates, this one will collapse under its own weight, because it's part of the problem that ends up destroying the economy.
You can't run NHS or any other socialist system without actual production on other people's money, you can only do it temporarily, while you still have the line of credit to other people's money, but that road always ends.
There was no government regulation involved when the banks fucked up the economy.
- so you do not consider over 100,000 regulations to be regulations? That's the number in financial, banking industry. By the way, it's funny in a sad way to see that you don't understand that FDIC, Fed, FHA, HUD, F&F, Patriot Act, etc. - all these things are regulations.
Comcast is a separate story, AT&T was a huge gov't monopoly, which killed 3000 competitors to AT&T, gov't just shut them down in the beginning of the 20th century. Since then the communications infrastructure has been abysmal in USA, specifically because of that.
The only single regulation that was removed by Clinton was Glass Steagall, but without the Fed, FDIC, HUD, FHA, F&F this wouldn't have been a problem. Glass Steagall was implemented to counteract the negative effects of the moral hazard created by the FDIC, which was a way to keep people using the banks during the Great Depression (also created by the Fed and Hoover and FDR policies of huge spending, bail outs, stimulus by the way).
- sure you can. You can get rid of the gov't regulations and licenses and taxes and stop inflation and then there will be actual businesses built in all industries, including the one Verizon is in.
Do you realise that throughout 19th century and in the beginning of the 20th century (before the Fed was set up) the prices for consumer goods and services CONSTANTLY WENT DOWN?
If you didn't know that, you should research this topic. Of-course there were no gov't regulations, income taxes, money printing, licenses to start and to run business, no gov't departments, no cabinets, etc.
Oh, and I just came up with 4 different business plans based on that ability, to thank somebody just before they kick the bucket. A couple of the plans are straight forward, and 2 involve people paying to be rude to them.
If by some chance I would have thanked him last week and then he ended up dead this week, I'd be known as the polite yet deadly, nobody would want me to thank them ever again.
Yeah, and who sets the standard for what is 'first' what is 'third' or 'second' world? It's very convenient that the standard is set by those, who consider themselves to be the 'first', isn't it?
AFAIC China is the 1st world, they are the people who make shit that everybody else wants to buy and everybody else who buys from them but only supplies them with currencies is not even in the first 3 categories.
You want to disclose information about public officials, you want to make that information public?
Here is what you should find and read in that article I linked to:
On Wednesday, an administrator for the WikiLeaks Twitter account wrote that the site suspected that the motivation for the attacks could be that particularly sensitive Stratfor emails were about to be exposed. A hacker group called AntiLeaks soon after took credit for the assaults on WikiLeaks and mirrors of their content, equating the offensive as a protest against editor Julian Assange, âoethe head of a new breed of terrorist.â As those Stratfor files on TrapWire make their rounds online, though, talk of terrorism is only just beginning.
You see, providing the public with information about the inner government workings is now called 'new breed of terrorism' and I am very confident that what you are talking about can be construed as disclosing information about the inner government working.
---
This is what happens when people give up their individual freedoms, and it all starts with the calls to equality, social contract, etc., all of which means simply one thing and one thing only: giving more power to the government.
Once the government has the powers over the individuals for the sake of "ensuring equality" at this point the government simply has the power over the individuals and there is nothing that can take that power back.
Much of the famine and disease in Africa is caused by lack of water, both drinking and irrigation
- that's not it. Much of the famine and disease in Africa is caused by lack of freedom and by dictatorial governments that conspire with the largest powers on this planet to extract resources from Africa and the locals are just standing in the way, so they are treated like dirt by all.
Then the Chinese come and they do business deals, so instead of 'foreign aid' they bring businesses, investment, jobs. They are there to do business, to get those same resources, but instead of bringing 'free money' (that really ends up in the pockets of the dictators), they bring trade, investments, jobs.
50 years of foreign aid to Africa from the West (USA mostly) and what did they get for it? Ask an African who has a better image, who is better to deal with, an American or a Chinese?
There is a reason that Hillary Clinton was giving that speech in Africa, yeah, yeah, be with us, the USA, not with the Chinese, they have 'nefarious reasons and business practices', sure, sure.
I don't count China as 'third world', so the jobs that went there are in the first world, so in that regard you are right.
But Steve Jobs presented so much competition in the mobile phone and computer market that he is probably personally responsible for more choices and lower prices in mobile phones, and guess what, in the 'third world' there are more mobile phones than land lines, that's certain.
Tell them the best part. That button is just under the ATI - Automatic Tampon Inserter, and don't worry if you don't have the place where the tampons go, it's only a problem for the first time.
You forgot the inevitable leak (ha!) of the iCrapper in a bar, and then gizmodo or cNet or somebody like that will take it apart on camera and post everything on their forum for all to see in the open.
It won't work, nobody will care about that type of 'certification'. It's like the people who understand economics do not care about Moody's or S&P, they know that these are political hacks, not true rating agencies.
Slashdot Mirror
yeah, in a true communist fashion, the system was supposed to take something from those, who 'has the ability' and give it to somebody who 'has the need', so the system was supposed to hack the hands off some other schmuck, because he had them and give them to this guy, after all, private property is not a right under communism at all, and all private property starts with your own body. Freaking communists, never live up to their own ideals. Well, I guess it's everybody.
There was a boom in the economy due to WW1, then a recession after WW1, at least in certain regions. According to your statement, this is did not happen. Please explain how government spending did not increase jobs and add to prosperity.
- gov't can employ plenty of people and this will do absolutely nothing good for the economy, it's an artificial 'boom'. Don't make a mistake thinking that being employed by gov't in a war time economy is a good thing, it's not.
There was rationing of goods, shortages, people didn't have what they wanted, they had to endure the shortages of products during war.
Being employed in a productive economy is different, that's because people are employed making something that the market wants. A war time economy is some of the people making cartridges and filling them with bullets and bombs and some other people emptying the cartridges, in the process destroying infrastructure, productive capacity, resources and killing people.
None of that is good for economy, though sometimes wars are inevitable and some may even think they are necessary, but they are not good. During the war time economy all of the production capacity is aimed at producing goods for war that are destroyed during the war, nobody is living a good life (well, almost nobody).
WW2 ended the great depression in the US. According to your statement, this did not happen. Please explain how government spending did not increase jobs and add to prosperity.
- that did not happen.
WW2 did not end great depression, it was the END of WW2 that allowed the Great Depression to end when the government cut the spending by over 60% and cut taxes by over 30%.
Again, during war many people can be employed building bombs and other weapons and many people are sent to fight the war, many are killed, things are destroyed.
Is that a good economy? Well, if you listen to people like Krugman, they would say: absolutely that's the key, have gov't employing all these people, in fact have wars, real or fake, have people digging and filling in ditches.
From Krugman's perspective what is important is jobs, employment. He doesn't even consider for a moment that people don't want jobs and employment, they want THINGS: products and services.
If gov't employs plenty of people in wars and digging and filling in ditches, the productive part of the economy is left to a smaller and smaller percentage of the population, and nobody wants what a government worker does, everybody wants what the private sector does - all the goods and services.
Public workers, even though they are employed, they are still receiving welfare benefits, which is provided by the people who are actually producing real things, products and services that people actually desire.
Digging ditches and filling them in is a perfect government type job, it's completely unproductive, it doesn't create anything anybody wants, it wastes resources that come out of the pockets of the people who actually produce, it misallocates the resources and labour, but from POV of Krugman it is still a good job.
Well it's not. I don't want to trade with people for my productive output if all they do is dig and fill in ditches being employed by gov't. It's not an equitable trade, I am not getting anything useful out of it. I want to trade with people who make things that I desire and I will trade for things that I make that others desire - that's real trade, voluntary and useful to all sides that are involved by definition (because they voluntarily engage in it).
As to the difference between a government and a private job, there is none. Paying $X to the government for a service via taxes is no different that paying $X dollars to a private company for a service.
- this is complete nonsense. Everything and I mean everything that government does today is something that I would rather buy from private sector IF and WHEN I want it and the
It's not a transaction where goods are being exchange, one person working for another cannot be taxed with neither the uniform excise tax nor with a direct apportioned tax.
You can see my sig and the link in it, where part of that journal entry I made talks specifically about income taxes.
Yeah, sure, I tried Slackware on my sundial, but there is a problem. It only works during the day, it totally crashes the system come nightfall.
I am using OpenBSD on that sundial right now and it is dark here.
2 things.
1. Requiring people to buy new sets of chargers, cables, accessories, docks for a new product - I don't understand, why wouldn't you want to give money to Apple? You already have their products, doesn't it mean that you want to give them more money?
2. USB? How would Apple iProduct owners differentiate themselves from the plebes?
Ron Paul on Wikileaks.
My comments on wikileaks and Bradley Manning, who is a modern day hero.
So you can shut your pie trap and go die in a corner.
ZERO regulations for the derivatives market.
- pure nonsense. Derivative markets are basically insurance, they are regulated just like all other insurance products. Options, any type of swap, it's all regulated. But the type of regulation that gov't provided was actually against the sound market, it was the fake free insurance by F&F, FHA. The HUD made the requirements for the 'affordable housing', F&F and FHA created the incentives for the banks to sell mortgages that could never be repaid, not even liar loans, just the ARMs with artificially non-existing lending requirements.
The 2008 bubble was inflated by the federal government and the Federal reserve, and that crash was imminent, the gov't makes bubbles much bigger than any private bubbles.
Enron? Madoff? Those are small potatoes compared to what the Federal reserve and various regulations, like the shit that HUD is there for creates.
Glass Steagall Act created FDIC AND it created the counter-balanced to FDIC, limiting what commercial banks could do with the deposits (namely use deposits in trades). This shows that even in 1933, during the depression, they couldn't create FDIC without having the counter-balance to that gigantic moral hazard.
FDIC was created in order to ensure that the banks don't collapse, that the people aren't scared to bring their money to the banks. Talk about 'brainless wonder', when you speak of FDIC you have no idea that it is a huge bail out/stimulus package for the banks and it is a moral hazard that creates incentives for the banks to do dumb shit and not care about the consequences of the market abandoning them. It's amazing that you know how to type.
Those are a threat alright, they are a threat to the government's ability to steal money, and when I say money, I mean purchasing power. These are the threat to the ability of the governments of the world to steal from you via currency printing and interest rate manipulation.
So did wages, usually faster than prices.
- actually that's not the case, the wages did go down (that's how the unions were started, to fight this with artificial monopoly on labour), but the prices went down faster and people had more purchasing power over the years.
Wages, did not always go down, they went down in areas where labour could be eventually automated away, but they went UP where more specialised skills were needed. Henry Ford didn't allow unions in his factories, but he did double the wages of his employees in order to retain talent, he double the wages, paying the most in industry (5 dollars a day or 1.25 ounces of gold per week). He also cut the working week to 5 days and cut the hours to 8 per day.
AFTER he has implemented those policies, he was able to double his production output in one year and further slash prices for his Model T cars.
So what do you call 'a lie' exactly? Predictions based on understanding of this phenomena were made, fully explained by the people who made the predictions as to how exactly they came up with their conclusions. The conclusion that the housing is in a bubble, which will collapse, was drawn from the fact that the housing market is propped up by the regulatory and monetary policies of the federal government.
Oh, NHS is beyond reproach, beyond criticism? I don't actually care about UK health care system, but one thing is certain - just like the rest of the socialist ideology and mandates, this one will collapse under its own weight, because it's part of the problem that ends up destroying the economy.
You can't run NHS or any other socialist system without actual production on other people's money, you can only do it temporarily, while you still have the line of credit to other people's money, but that road always ends.
There was no government regulation involved when the banks fucked up the economy.
- so you do not consider over 100,000 regulations to be regulations? That's the number in financial, banking industry. By the way, it's funny in a sad way to see that you don't understand that FDIC, Fed, FHA, HUD, F&F, Patriot Act, etc. - all these things are regulations.
Comcast is a separate story, AT&T was a huge gov't monopoly, which killed 3000 competitors to AT&T, gov't just shut them down in the beginning of the 20th century. Since then the communications infrastructure has been abysmal in USA, specifically because of that.
The only single regulation that was removed by Clinton was Glass Steagall, but without the Fed, FDIC, HUD, FHA, F&F this wouldn't have been a problem. Glass Steagall was implemented to counteract the negative effects of the moral hazard created by the FDIC, which was a way to keep people using the banks during the Great Depression (also created by the Fed and Hoover and FDR policies of huge spending, bail outs, stimulus by the way).
But... guess what? There's nothing you can do.
- sure you can. You can get rid of the gov't regulations and licenses and taxes and stop inflation and then there will be actual businesses built in all industries, including the one Verizon is in.
Do you realise that throughout 19th century and in the beginning of the 20th century (before the Fed was set up) the prices for consumer goods and services CONSTANTLY WENT DOWN?
If you didn't know that, you should research this topic. Of-course there were no gov't regulations, income taxes, money printing, licenses to start and to run business, no gov't departments, no cabinets, etc.
Oh, and I just came up with 4 different business plans based on that ability, to thank somebody just before they kick the bucket. A couple of the plans are straight forward, and 2 involve people paying to be rude to them.
If by some chance I would have thanked him last week and then he ended up dead this week, I'd be known as the polite yet deadly, nobody would want me to thank them ever again.
no difference, this week, last week, what he probably did appreciate is my business, since I bought some of his books and that was way back.
Yeah, and who sets the standard for what is 'first' what is 'third' or 'second' world? It's very convenient that the standard is set by those, who consider themselves to be the 'first', isn't it?
AFAIC China is the 1st world, they are the people who make shit that everybody else wants to buy and everybody else who buys from them but only supplies them with currencies is not even in the first 3 categories.
At this point in time, ideas like yours may put you into a terrorist watch list.
You want to disclose information about public officials, you want to make that information public?
Here is what you should find and read in that article I linked to:
On Wednesday, an administrator for the WikiLeaks Twitter account wrote that the site suspected that the motivation for the attacks could be that particularly sensitive Stratfor emails were about to be exposed. A hacker group called AntiLeaks soon after took credit for the assaults on WikiLeaks and mirrors of their content, equating the offensive as a protest against editor Julian Assange, âoethe head of a new breed of terrorist.â As those Stratfor files on TrapWire make their rounds online, though, talk of terrorism is only just beginning.
You see, providing the public with information about the inner government workings is now called 'new breed of terrorism' and I am very confident that what you are talking about can be construed as disclosing information about the inner government working.
---
This is what happens when people give up their individual freedoms, and it all starts with the calls to equality, social contract, etc., all of which means simply one thing and one thing only: giving more power to the government.
Once the government has the powers over the individuals for the sake of "ensuring equality" at this point the government simply has the power over the individuals and there is nothing that can take that power back.
Thank you, Harry, I truly enjoyed the books.
Much of the famine and disease in Africa is caused by lack of water, both drinking and irrigation
- that's not it. Much of the famine and disease in Africa is caused by lack of freedom and by dictatorial governments that conspire with the largest powers on this planet to extract resources from Africa and the locals are just standing in the way, so they are treated like dirt by all.
Then the Chinese come and they do business deals, so instead of 'foreign aid' they bring businesses, investment, jobs. They are there to do business, to get those same resources, but instead of bringing 'free money' (that really ends up in the pockets of the dictators), they bring trade, investments, jobs.
50 years of foreign aid to Africa from the West (USA mostly) and what did they get for it? Ask an African who has a better image, who is better to deal with, an American or a Chinese?
There is a reason that Hillary Clinton was giving that speech in Africa, yeah, yeah, be with us, the USA, not with the Chinese, they have 'nefarious reasons and business practices', sure, sure.
I don't count China as 'third world', so the jobs that went there are in the first world, so in that regard you are right.
But Steve Jobs presented so much competition in the mobile phone and computer market that he is probably personally responsible for more choices and lower prices in mobile phones, and guess what, in the 'third world' there are more mobile phones than land lines, that's certain.
I guess this would also be useful if you accidentally swallowed some raw diamonds and need to retrieve them.
- you shouldn't eat raw diamonds, everybody knows that. You have to cook them first, they go easier.
Tell them the best part. That button is just under the ATI - Automatic Tampon Inserter, and don't worry if you don't have the place where the tampons go, it's only a problem for the first time.
You forgot the inevitable leak (ha!) of the iCrapper in a bar, and then gizmodo or cNet or somebody like that will take it apart on camera and post everything on their forum for all to see in the open.
It won't work, nobody will care about that type of 'certification'. It's like the people who understand economics do not care about Moody's or S&P, they know that these are political hacks, not true rating agencies.