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  1. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    so did you take the course on how to correctly approach subverting the government to make sure it insures your cake with public money? How one goes about taking a course like that?

  2. Re:Fudge on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    Sure, 'value added' is assembly.

    Example: I bought servers from a US 'manufacturer', Supermicro, who are getting every single component from other countries and then they are putting them together and reselling. Now, I did that because it made sense at the time to buy those servers from US, I was in Canada and brought the servers through the border myself, figure out why.... And people still buy from Supermicro, but the point is that they didn't manufacture any single component themselves, every single thing in those servers is made in Asia.

    Same with machinery, same with cars, most tools, furniture even (I bought furniture from US as well and leather was made in Italy, frame pieces were made somewhere in South America I think and the table with leather top and the bookcase were assembled in USA, it was expensive).

    Sure USA still makes stuff, but trade deficit is on the slope, less you didn't notice. That trade deficit is constantly going up. The slope over 20 year period shows the direction and grade. There is no question, the trend is to get rid of manufacturing from USA completely.

  3. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    No, what the graph shows is that the US is consuming 37.5billion/month of imported goods (that's 75% of 50billion a month, 25% of which is imported energy).

    That means that USA is producing actually very little of its own products, otherwise those products would have been competitive enough at least to keep the import of goods at a balance of 0, but they are not competitive, and thus they are on a decreasing slope.

    Aren't you seeing the decreasing slope? The number (50billion/month) and the decreasing slope over almost 20 years should make it clear where the things are going.

  4. Re:Fudge on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    The evidence that you are looking at shows that USA is now a net importer, it imports 50billion USD a month more than it exports. Given that about 25% of exports is energy (oil/gas/coal/etc.) the rest are manufactured goods. USA used to be a net exporter of manufactured goods, it used to be the biggest creditor. Now it's a net importer and the biggest debtor in the world.

    This shows that USA is uncompetitive in terms of manufacturing, it is clear from that graph alone, that USA is uncompetitive in manufacturing and production, it imports more manufactured goods than it exports, thus it produces very little of its own goods, if it at least was able to manufacture enough goods to sustain itself, it would be at 0, at balance, if not a net exporter, but because it is a net importer of manufactured goods, it means that it is cheaper to import goods, which obviously also shows that the quality of imports is satisfactory at least.

  5. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    It has nothing to do with what is manufactured? It has everything to do with with what is manufactured, because it shows that USA is not COMPETING in manufacturing. If it's not competing it means it can't be manufacturing much of anything, because it's always cheaper to bring in manufactured goods from inside than buy products manufactured within USA, otherwise it would be competing in manufacturing.

    Sure, USA is still manufacturing, but it's basically insignificant at this point and also it's misleading, since it's not manufacturing all components, it assembles most of what it produces from components brought from abroad using tools brought from abroad.

  6. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    Oh yeah, you think you'll be able to afford food?

    It's one of those topics for me, where I can't help it but comment. I actually think there will be a hyper-inflationary depression in USA that will lead to shortages of everything including food and money won't buy it and gov't will cause it and then it'll turn Marxist on everybody and take over all farms etc., for 'the good' of the nation and will become completely dictatorial, denying everybody all freedoms, everything, from people moving out of the country (unless they maybe pay out their debt and some more), to how people are fed, where they are allowed and forced to work, it'll be USSR all over again, but it won't be based on ideology, it'll be based on a huge mistake of allowing gov't to mix itself with business.

  7. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 3, Interesting

    We don't manufacture so much as we used to but we still design stuff.

    - but China is also designing, every day, every factory has issues that are being addressed by engineers in the factories. This drives the need for more science. Also just because not EVERYTHING is outsourced yet, do not despair, one step at a time, one step at a time.

  8. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    Yes, you can do all that with the cake as long as it is federally guaranteed to give you the expected result either on its merits alone or by government bailing your investment out from a publicly funded bakery.

    Unfortunately the public bakery is in huge debt, the people running it have spent all the money on a side business of military contracts by running very expensive wars, the chief financial officer of the bakery is printing IOUs at ever increased rate without actually having either flour or milk or eggs or sugar to back up the promised production. There is a huge line up for that cake, which consists of all the suckers that have provided the bakery with the ingredients for the most of their lives and now they are going to find out there is pretty much not even crust left there.

    Also the earlier batch of MBAs have already left the kitchen clean from the last time they worked out the exactly right deal with the chief cook, he already guaranteed the previous cake of the same type you are referring to and he already had to cover their losses.

    Well, too bad the cook is actually lawfully and constitutionally allowed to make deals with private kitchens, no matter whether those kitchens are corporate ran or they are unions or anything else in between.

  9. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    Sorry, didn't close a double quote in the previous post:

    I commented on this, you can look it up yourself from the link there. Manufacturing in USA today means assembling in USA and the trade deficit, which shows where the economy is really going, is showing the direction very clearly.

    But here is the link and if you go there and set the "FROM DATE" to 1992 and leave the "TO DATE" current, you'll see what I am saying.

  10. Re:Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 1

    I commented on this, you can look it up yourself from the link there. Manufacturing in USA today means assembling in USA and the trade deficit, which shows where the economy is really going, is showing the direction very clearly.

  11. Fudge on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 3, Interesting

    Big pile of fudge. USA is no longer manufactures the components, it assembles the final product, that is also 'manufacturing', but it really is not.

    The proof is in this simple pudding: go to this site and set the 'FROM DATE' to January 1992 and leave the 'TO DATE' as the current year.

    This is the real USA economy in action.

  12. Good on NASA Head Ignores Congress, Eyes Cooperation With China · · Score: 4, Insightful

    Good for him.

    Here is the thing: society that loses manufacturing jobs, loses the manufacturing sector, it then pretty much loses the need for engineering, and in reality in most of realities, engineering is what drives progress forward and it even drives the need for scientific advancement forward.

    So society that stops making stuff, stops thinking of stuff as well. You can't be thinking without actually producing, even though those who really build/engineer and those who do basic science are different people and working in different institutions.

    Lose your manufacturing economy and you'll lose your knowledge economy, or did you think you could have the cake and eat it too?

    --
    So this NASA move is basically a survival move, it's smart.

  13. Re:all kinds of distractions on What Tech Should Be In a Fifth-Grade Classroom? · · Score: 1

    All of this is possible if you did one important thing first: got the government out of schools completely, so it wouldn't interfere with the market creating schools, they all should be private, then you'd have competing schools, competing pay, performance based pay.

    You'd have different types of schools. Not everybody needs or even should go through the same curriculum as everybody else, at least not after they can read and do arithmetic.

    That's right, teach people to read and do arithmetic as the basic step, then decide what to do with them next, don't push them all in one direction. Again, market must deal with this, just like with pretty much everything else, otherwise see current world for the results.

  14. Re:Ah that is the rub isn't it on UK Scientists Leave Labs To Protest Expected Cuts · · Score: 1

    People like quick fixes, and they do not understand economics or economies or politics, so what do you expect from them? They are bought by soundbites and flashy messages.

    Economies will not be fixed until there is a crash. There needs to be a crash, that's pretty much inevitable whether you do anything or not, only if you do anything, you end up destroying your currency, because the only thing a government can do is borrow and print and spend.

    Borrowing and printing and spending will not fix any single thing. It will create a short term illusion, until there is no more that can be borrowed and printing becomes a pointless exercise because nobody wants to sell anything to you for those funny money anyway.

    ---

    The correct way to fix an economy that is in a crisis of the sort that US or UK are having right now will remove one step between the inevitable crash and a down the road restructuring - hyper-inflationary depression.

    Yes, if the government tries to fix anything its usual Keynesian shamanistic ways, it will cause a hyper-inflationary depression. The other two steps will happen anyway.

    Without government help it will look like this:

    1. Crash.
    2. Eventual restructuring and rebuilding.

    With government help it will look like this:

    1. Crash.
    2. Hyper-inflationary depression.
    3. (also a possible step including some major war.)
    4. Eventual restructuring and rebuilding.

    ---

    So what can a government REALLY do to help the economy to go through as few steps as possible: 1. Crash. 2. Restructuring and recovery?

    Here is what it can do:

    1. Stop printing and borrowing money, stop setting your own interest rates, interest rates need to be set by the market, they need to go up up up.
    2. Stop 99% of spending. Cut whatever, but get rid of 99% of spending. Fire 99% of government. This will stop wars, subsidies to all industries, regulations of all industries, SS, NHS, IE, etc.etc.etc.
    3. Liquidate all government owned assets and start covering the debt.
    4. Stop collecting all income and payroll taxes.

    That's right, you have to remove all rules and regulations, you have to stop collecting all income based taxes, you have to let the economy find itself on its own, this means abolish all regulations and release all resources that are occupied by the government and that need to be reallocated into private industries.

    There is a huge need to stop subsidizing all monopolies that are relying on government.

    Money needs to start meaning something, interest rates need to soar so that the lenders become very involved in evaluating risk of lending, so that there is real competition for credit and there is a quick turn over of failures to distill out the successes.

    There is a need to have tens of thousands, hundreds of thousands of little initiatives started, initiatives in form of businesses, but it's only possible if the government stops regulating and taxing everything that deals with starting new businesses in the first place. The existing monopolies must compete with new businesses, they must not be subsidized at all by governments.

    --

    Now, do you think this will happen? Not in an established/entrenched economic/political model, it won't.

  15. about 16000 on US Monitoring Database Reaches Limit, Quits Tracking Felons and Parolees · · Score: 4, Interesting

    Prisons and other corrections agencies were blocked from getting notifications on about 16,000 people, BI Incorporated spokesman Jock Waldo said on Wednesday.

    - interesting number. Anyway, it's not about the number of people in the database, it's about some number of records associated with each person presenting their location, so probably GPS coordinates taken at some time intervals.

    Also note that they are still logging the data, they just can't read it, so it's an application for displaying the coordinates that is failing. Quite possible that the actual problem is in filtering the data, maybe they are just trying to view data for an entire time period per person rather than looking at latest records, something like: 'last month only'. But this is, in the words of infamous W, 'speculaaation'.

  16. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    Beck is your papa, I am not even an American to watch your stupid TV.

    Gold is an ore, it is. It is also used as money and when fiat money fails (it all fails, it always fails) what is left is gold, and those who have gold again, can establish a new fiat currency.

    This has been proven true over lives of men and countries. All fiat currencies fail. Gold does not.

  17. Re:As long as we Americans keep buying made in Chi on China Blanks Nobel Peace Prize Searches · · Score: 1

    to avoid any sort of questions whether I do good or evil with the bibles, I use them as toilet paper, so it's clearly good - it's recycling.

  18. Re:Rare Earth Metals and self-sufficiency on China Blanks Nobel Peace Prize Searches · · Score: 1

    No, where US and China are headed is a bit different place.

    15 years from now a Chinese kid maybe sitting at the kitchen table and his mother maybe saying this to him: -Eat your vegetables, you should eat your vegetables and be happy that you can eat, just look at America where there are all those kids starving, they'd love to be able to eat anything at all!

  19. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    Well imagine that he got a bunch of people to buy gold at almost 70% premium!

    If I could advertise my business with Beck, I'd see tremendous returns, he was very useful to goldline. Very useful. Also very bad for some people who accepted goldline's offer to buy certain coins at 70% markup, just terrible.

    BUT that is not a bubble.

  20. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    Good riddance. You have not a single actual idea, I have shown a number of idiocies that you have presented in this thread. Clearly you do not actually have a working brain, just a record player. Cheers, go buy some US bonds.

  21. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    You know my opinion of you, so why do you bother?

  22. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    You and your understanding of economics should go drown in a bathtub filled with US bonds and dollars. You should do that.

    Keynesian ideas have nothing to do with economics, it is what it is - shamanism. We'll sprinkle some pixie dust and print more money, the problems should go away.

    You go ahead and behave according to your ideas and I'll behave according to mine. I know who'll be better off.

  23. Re:As the economy improves??? on Flat Pay Prompts 1 In 3 In IT To Consider Jump · · Score: 1

    Oh, shut up, you have not a slightest clue about what you speak, you have shown your level of 'understanding' enough times in this thread.

    It's not gold, that 'ignores economics', you ignore it completely, you are 100% ignorant on the subject of economics, so stuff it.

  24. Re:But if he doesn't patent it... on Why Geim Never Patented Graphene · · Score: 1

    Well, there is more than one way to obtain graphene. In fact Geim used at least 6 different ways of doing it.

  25. good title on Large, Slow Airships Could Move Buildings · · Score: 1

    I would have preferred this title:

    OMFG HUGE and putting me to sleep kind of slow airships MAYBE could move buildings IF the company in question ever gets investment and builds them and it all works out at the end.

    It's a freaking startup, not jesus.