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  1. My take on this is that while Trump may have sexually assaulted a few women, Hillary was on the side of military intervention, which AFAIC translates directly into mass rape and mass murder.

    I hate Bill Clinton not for Monica but for bombing of Yugoslavia and for further destroying the economy when he and Rubin refinanced long term fixed rate USA debt with short term variable rate bills. I cannot stand his wife for her politics, for warmongering. The Clintons came to power and became wealthy from it. She could finance her own elections better than Trump, I am sure of it, but why would she? She is in politics for personal gain only, why would she use her own Ill gotten money for that? She expects to clean up as a POTUS. Shit, maybe Trump does too, I think he is poorer than Hillary and Bill. Yet in a 2person race I would vote for him regardless of anything. AFAIC he is running against a mass murderer, rapist and a thief. Himself he maybe a thief at times, a sexual predator maybe, but he is still no mass murderer.

    This is not a 2 person race, so I would vote for Garry in this case instead.

  2. Douglas E. French looks at the money supply expansion by the Dutch government to show how the government policy created that bubble.

    On the other hand my point of view is that the Tulip bubble is exactly a government type bubble since tulips can be printed - grown. This is abnormal for money but it shows that given the ability to create money out of thin air the opportunity will be taken, be it government or otherwise. Normally it is the government that prints it or dilutes it in some way (using non precious metals for coins that should be of higher purity), etc. The bubbles of 1800s were government creations as well.

    Government was manipulating the supply of the land in the market (government was the largest land owner and sold land periodically). USA government first created paper money around the time of the civil war, printing money and as a consequence creating the biggest bubble of the time.

    The Great Depression was caused by the Fed (established in 1913 and given authority to monetise government debt in 1917) printing money to buy bad UK debt from the French. The resulting stock market bubble caused the recession, which the government fought tooth and nail during Hoover and FDR with insane money expansion programs leading to the depression.

    The expansion of the money supply in the fifties led to the stagflation of the seventies and then Nixon defaulted on the gold dollar guaranteeing everything that came after that, every bubble and collapse is in the hands of the Fed, so will be the dollar and bond market collapse because those are the biggest bubbles in human history by today.

  3. Capital does not sit idle. Bubbles are created not out of real savings and capital but when fake money (government fiat) is created and pushed into the system, resulting in lowered interest rates and reduction of actual capital savings. The extra fiat then is pushed into some markets, housing, stock, bond, whatever. Then bubbles burst and the debts are restructured. Governments don't like letting restructuring happen and instead create even more fiat to buy bad debts causing ever growing bubbles, which eventually blow up in horrible ways.

  4. The primary requirement for economic growth is capital unless no humans are left on the planet.

    Think of a newborn. The newborn demands food, shelter, comfort, etc. Think of an older child. His or her desires are limitless, they want new toys no matter how many toys they have already. Never mind what their parents want or need for the kids.

    Our desired are infinite. Do you have a boat? A submarine? A hot air balloon? A spaceship? A planet of your own? A galaxy?

    OK, maybe you don't need a galaxy, but how about health and a much longer and more enjoyable lifespan? Sex and everything related to it?

    Our desires are infinite, be it a desire for material possessions, entertainment, sex, health, lifespan, space, toys, etc.

    What actually limits us is the supply. The only reason you don't have everything is due to a very limited supply, you just don't have access to all those things and at price points you could handle. Why is that? Because there aren't savings (capital) for people to build a business that could provide you with all that at the right price as well.

    First come the savings - capital investment. If there are no people then there are no desires. Demand is a desire backed by ability to spend. Ability to spend comes from ability to earn.

    Ability to earn comes from ability to supply others with something (your work). Demand is infinite in nature, supply is limited.

  5. In the 1800s it was the people who became super wealthy by providing the world with energy, materials and infrastructure who jump started the economy for everybody else. Without the Rockefellers, the Carnegies, JP Morgans, the Fords etc., there wouldn't have been energy, infrastructure, materials and generally industry and wealth that allowed thousands and then millions to start their own smaller businesses that provided opportunities for the rest.

    You think that the muddle class just materialized on its own because of government and unions maybe? Who would they have to unionize against? Who would the government steal from? (Certainly not from the peasants, they didn't have much to steal).

    Without the men who became super wealthy America would have remained a secondary peasant country and not the manufacturing hub.

  6. Right, 'customers' create jobs by existing. People with savings find ways to satisfy customer demand better and create products and services that customers may pay for. Of course those customers don't actually rent or buy space of work, they don't actually hire anybody, often they don't realise they may become customers of somebody who is going to bring them a new product or service. Try and get hired by a customer, see how that goes.

    Customers may also not become customers and then the person who put his savings forward to try and create a business will lose his money. Not customers losing money in an unsuccessful business venture, the capitalist is.

    I built a couple of businesses, the people who became customers had no idea about me until I prepared the products and brought it to them. I lost money on a few things, building stuff nobody wanted to buy. I didn't see any customers backstopping my losses and I still had to pay all the bills and the payroll.

    Jobs are a byproduct of my desire to use my money that I made over the years contracting in software development to make more money by building stuff.

    I don't need anybody to tell me anything about economics and business, I like to discover it myself, maybe you should try it before spouting nonsense

  7. You are not disproving anything I said. You are paying more for food, energy and shelter than before, which eats up more of your income than before. You have very little disposable income and you are in a surviving mode. Where is the disconnect?

  8. Re:"IT" is on its way out on 2016 Has Been an Ugly Year For Tech Layoffs, and It's Going To Get Worse, Says Analyst (ieee.org) · · Score: 0, Troll

    "Trickle down economics" *is* economics. The effect of the economy being generated out of productivity of people who are capable of saving money in order to form new businesses, that's 'trickle down economics'. That's the only actual economics, there are no other economics at all.

    The effect of a person with savings, who starts a business should be obvious: new products/services are created, investment opportunities created, people may be hired, taxes are generated (and I am 100% against all taxes of-course, but that's still beside the point, tax payments are generated by business activity).

    What other economic models do you know that actually end up working in the long term while creating products and services people need and enjoy, creating savings and thus future business opportunities, providing jobs to those, who are not starting/running their own businesses but still have to work to live? You can have your slavery of-course, but slavery is stagnation, it doesn't produce new products and services, there is only continuity with slavery (be it straight people ownership or State level slavery, communism, socialism, any form of collectivism really).

    In any case, I am sure your mainstream 'economics teacher' would be proud of you.

  9. Re:"IT" is on its way out on 2016 Has Been an Ugly Year For Tech Layoffs, and It's Going To Get Worse, Says Analyst (ieee.org) · · Score: 5, Interesting

    It's amazing that this story is posted so close to the HP firing story because the same comments apply.

    People may say that there is no need for anything new, the old stuff works great, doesn't need to be replaced and such nonsense. It all comes from major misunderstanding of the economics. People don't necessarily buy new shoes or suits or mattresses, etc. because the old ones can no longer be used. People do it because they follow trends, because other people do it but most importantly because they have ability to do it, they have the means - money to do it.

    The real reason for all of these firings and shut downs is the stagflationary environment - high inflation and high unemployment, low savings and low rate of business formation, inability to put together the capital needed to start new businesses, to evolve existing businesses, to get the people to spend where they are already spending whatever they are making on food, energy and shelter. The growing expense on these items (food, energy and shelter) is completely tied to the level of inflation (expansion of the money supply without an underlying expansion of productivity).

    The people are unproductive, they are becoming more unproductive by the hour and so they are unable to earn enough to replace their toys because they are struggling to make ends meet.

    The reason the people are unproductive is lack of savings and thus lack of capital investment that is inherent in the system that destroys savings and prevents capital formation. The money comes into existence not because of business ventures but because the governments guarantee that money will be created and propagated through the system and they do so by suppressing the interest rates and yields, they do so by growing expenses paid with borrowing rather than with production, they do so by destroying the future of the economy by sacrificing the seed corn to pay for out of bounds consumption today.

    You have an economy that is in a massive depression actually and you are not even noticing it because of the artificial money creation that pushes up stock and housing prices. You are being bombarded with nonsensical 'economic' data that crowds out the real economic data that is important: the real negative interest rates, the real negative GDP, the real double digit unemployment numbers, the real lack of productivity due to the government intervention in the economy in every way, from businesses laws and regulations to income and wealth taxation to massive spending on government initiatives done with money that is borrowed from the future, thus crowding out legitimate business borrowing.

    With all the USA job numbers that come out, the only silver lining is that some government jobs also are sometimes cut, a thousand here, another thousand over there. That's the only beam of light in this otherwise bleak situation.

  10. Re:4000 firings is like a week for HPE on HP Plans To Cut Up To 4,000 Jobs Over Next 3 Years Amid PC Slump (bloomberg.com) · · Score: 1

    If HP could do whatever HP does without hiring a single employee it would have been even better. Don't have to be 'sociopath' to understand that.

  11. nonsense on HP Plans To Cut Up To 4,000 Jobs Over Next 3 Years Amid PC Slump (bloomberg.com) · · Score: 0, Interesting

    Nonsense. USA economy is the best ever. Clinton had a great economy and Obama has lowest unemployment. Where is all this nonsensical propaganda about losing jobs coming from? Next thing you know there will be a story about losing high paying full time jobs and showing reduction in unemployment due to the former full time people getting multiple low paying part time jobs.

    Next thing you know there will be a story about Clinton refinancing long term, fixed rate USA debt in short term, variable rate bills. Next thing you know there will be a story about the Federal reserve creating tons of money to buy bad long term USA debt, to buy failing assets, to backstop failing crony businesses. Next thing you know there will be a story about USA being actually a bankrupt nation that couldn't pay pensions or Medicare or war bills without constantly getting into more and more debt.

    Next thing you know there will be a story about the coming bond and USD collapse. Next thing you know there will be a story about the destruction of actual capitalism (savings and business formation based on a stable political and economic environment) in the States. Next thing you know there will be a story here about the rest of the world repeating these idiotic USA policies of pushing up inflation by printing money and by destroying the value of savings through interest rate manipulation.

    Next thing you know there will be a story here about the need of the individuals to be free from the political and economic oppression by the collectivists governments around the world.

    Next thing you know there will be a story here about how the income and death and various property taxes are destroying long term economic planning by preventing families from continuing in the same business through generations. How the State uses inheritance taxes to destroy sound economic decisions and promotes short term thinking through public corporations that are not ran by its owners but by the board of directors who may or may not in fact think in terms of generations but only think in terms of a few years (if that).

    No, wait, there won't be stories here like that, here there are only stories about 'horrible' businesses that are cutting jobs for 'no reason' while their CEOs are obviously making tons of money by increasing long term value through programs like stock buy backs. Not that buying back your own stock doesn't make sense in the environment where money is nearly free of value while the stock itself may actually be a sound inflation hedge.

  12. here's a country where the government tries to give the citizens a good life. They have fixed all of the major problems and are just letting their citizens live in quiet enjoyment.

    - ha, I spend time in Switzerland. There is a country where government is not allowed to 'try and help' people too much because the people vote against that type of 'help' quite often, that is the actual reason that country has a very high standard of living, a high savings rate, no debt but savings instead, things like that, you know, things that no government would ever do because that goes directly against every grain of every politician and of every form of government on this planet.

    The Swiss government is considering implementing a guaranteed minimum income.

    - the Swiss government is the Swiss people and they have overwhelmingly voted against this idiotic concept in the referendum.

  13. what is a country

    - some amount of territory, within which the control over the individual is in the hands of the local oppressive regime. That's all it is. I view all countries and nation states as oppressive regimes that hold some territory and oppress the people within that territory enough to afford the continuation of the regime, which includes some military.

    A country is a level of oppressive control over individual freedoms.

  14. Re:Oh No! Trump opened his mouth again! on WikiLeaks Releases Paid Clinton Speech Excerpts, And Threatens To Expose Google (dailymail.co.uk) · · Score: -1

    Ha, so what? Kennedy murdered Monro, Clinton sodomized Lewinsky. I don't give a shit. Fuck the political establishment, bring out real entertainment to the white house, maybe this one will place Peter Thiel in SCOTUS and honestly restructure the debt. Establishment needs to be teken down.

  15. Re:Because previous legislation against Microsoft. on A French Company is Suing Apple To Open the iPhone To Rival Browsing Engines (recode.net) · · Score: -1

    No they shouldn't. The government action is always wrong. It was wrong in all cases, starting with Standard Oil and all the way to MS. Now this lawsuit is private, AFAIC Apple must win and should win. I don't care if you are a monopoly (and they are not) the only thing that matters is that nobody should get any preferences from any government. Then if they are a monopoly in the actual free market it means they figured out the best service and product at the best price. Apple, by the way, is not that. They are a luxury item in a commodity market.

  16. Here is what /. says:

    A 12-year-old boy in Spain managed to confused the two services

    - ORLY? Has me "managed to confused" (is /. editor a 12 year old Spaniard?)

    What was he advertising with Adwords and how is it that he managed to not see the difference between his own advertising and videos that show advertising of others?

    Maybe he hasn't "managed to confused" anything after all, except that he maybe became the first reseller of Google Adwords for a fraction of a price to some third party... and he "managed to not paid" Google for this because he is still a minor?

  17. Re:Repent and be saved. on WikiLeaks' Big Tuesday Announcement Will Now Take Place Via Video (thehill.com) · · Score: 0

    You forgot to mention that Jesus had really small hands, pathetic, he wasn't winning with his tiny hands. Sad.

    By the way, just for the record I don't think Jesus had hands. I don't think there ever was Jesus, most likely just a fictional character, not even a real guy. Of-course there is no god, so even if there was a guy, he was just a third party candidate, so he didn't end up doing that well...

  18. Re:Memory-unsafe is a BS meme on Are Flawed Languages Creating Bad Software? (techcrunch.com) · · Score: -1

    Go ahead, clone Linux kernel or start your own and use c++.

    Linus is correct for his software bade.

    My server side software base is vanilla java assembled with ant. Not spring or spring boot, I don't use maven. Vanilla language and vanilla code assembly. I don't allow syntactic sugar (like autoboxing, for each loops, complex generics,etc.) that was introduced to prevent developers from thinking That is because I expect the coders to pay attention to type conversions for example. It is my software, so it will be done my way, which to me means the ability to train a developer quicker and to debug faster and not to hide important pieces of information with automation that leads to ignorance. On the other hand I encourage heavy reuse of code, of data structures, optimal use of resources and code readability through naming conventions, refactoring, proper data models and structures.

    A project is more than a clever framework, it is the ability to keep developing and debugging, a project only lives as long as people are actively developing it. Using tools that make it less likely to find developers, tools that make it more complicated to find bugs and tools that hide functionality in such ways that make the product less efficient is not a good strategy for longetivity of the code bade.

  19. Absolutely 100% with you on this. Server startup time is irrelevant (and it is only a few seconds in my experience). Now if I could tell the JVM to collect specific objects without the GC having to figure it out, that would be truly useful.

    Map map = new HashMap();
    while(x1000000) {
    map.put(key, value); ...
    } ...
    do some work ...

    System.gc.reclaimDeep(map) - get rid of the map and of ALL of its deeply nested contents.

    System.gc.reclaimShallow(map) - get rid of the HashMap, don't worry about the contents.

  20. Re:Commercial "education" generally fails on How ITT Tech Screwed Students and Made Millions (gizmodo.com) · · Score: -1

    Nonsense. Your entire comment is nonsense. Education is just a service and fine best for profit. The problem with the USA system I'd government in student loans - issuing then or backing them, thud removing risk from lending. Government removing risk from interest bearing loans creates a perverse effect of banks dropping lending standards, the same thing that happened with every other bubble created by government money and involvement. Housing, stock, bond bubbles are no different from this student loan bubble. It will burst but before it does the colleges will raise tuition (and they have and they are) all the time much above what a free market would bear.

    The reason for the most expensive 'education' today as compared to any time before now is the ocean of money pushed into it through the student loans, by the banks who are guaranteed a return by the taxpayer or the Fed printing (doesn't matter).

    There shouldn't be any government money in education, today education can be provided cheaper than ever before in history of the world, do the prices do not reflect the reality. The reason of course is that all the price signals are removed from the system by government manipulation of the money and interest, by the Governemnt violent control.

    The actual free market is not allowed UB education and it should be allowed. Government should be removed from it and actually from everything.

  21. Re:The whole problem was the unneeded secrecy on Vanity Fair Blames The Failure of Theranos On Silicon Valley (vanityfair.com) · · Score: -1

    Trade secrets is the correct way of protecting knowledge, afaic all copyright and patent laws need to be repealed and for a company to make money it has to show results while protecting its knowledge and processes. I don't see anything wrong with treating a product as a black box that takes inputs and produces outputs, I only care that it does what it says it does by comparing the outputs to the expected results.

    Of course this theranos thing (this is the second time in my life I am hearing about it, the first time was also on /. ) is a fraud and would be identified as a fraud based on the black box testing criteria.

    Early investors should be more careful than trusting that a 19 y.o. girl with no 30 years of experience in the field will deliver 'ground breaking results'. I think in most cases this expectation will end up in a failure.

    Millions of dollars are gambled on a promise because the market is set up for this type of a gamble by the Fedrleral reserve bank, by the dismal economy of the USA and by the government implicit and often explicit promise to bail out failure.

    So the real problem here is the loss of efficiency in the overall economy, not that the product was never delivered, it was always a pie in the sky, just like never falling housing or bond markets.

  22. Re:you mean... on Ask Slashdot: Why Aren't Techies Improving The World? · · Score: -1

    How about techies working on giving people a choice of using actual money that stores value and protects against government manipulation of money [schiffgold.com]. I think it is a huge game changer even though it is still an early technology.

  23. are they doing it with some alterior motives? strings attached? join 'our club' or else?

    - 100% the government is doing getting into the business territory to control the population, to be able to exert control that actually is used to help some very well politically connected people to steal from everybody and thus to get richer at the expense of the efficiency in the society.

    The government exists to steal from poorly connected and redistribute to those who are either very well connected or those who vote as the large block that provides the government with its power, that's the goal, that's the purpose of the government - to control, to exert power, to destroy individual rights and liberties. While private entities (people, businesses, which are ultimately people) can destroy your liberty as well maybe by abducting you and enslaving you, the government does the abducting and enslaving on a systemic, so called 'legitimate' level.

    Draft, taxes, so called 'public' utilities, 'public' lands, anything at all that is collective is theft, redistribution, control, violence.

    AFAIC every single thing under the Sun should be private if it is expected to provide any sort of value and if it is at all valuable. There should be no government whatsoever and I think the information age is going in that direction. Governments rely on fears, on nationalist ideology and on straight violence to stay in power. Information and freedom of movement remove power from the governments and they will fight against this threat to their existence but at the end will lose.

  24. Re:I think it's fair on When Your Boss Is An Algorithm (ft.com) · · Score: -1

    Companies everywhere have regulations. It is called 'free market' and it means that anybody is free to work where they van find a job. So if you do not like Uber and its working conditions, you can always work somewhere else. If you cannot find any other job the question you should ask is not how to stop Uber from providing those jobs, the question should be: what is the system doing to prevent other jobs from existence?

    The answer is obvious, the other jobs don't exist because of regulations, taxes, government manipulating money supply and the interest rates. That is the answer, because if the only company providing jobs idea company that hoesaround those regulations then competition is impossible because of the regulations.

    The government completely destroyed the economy over the last 50 years with taxation, regulation, money and interest rate manipulation, thus destroying capital formation. If you want more of that, then sure, have more government. If you want an actual real economy realize the fact, the fact being that the government is the enemy, it is the force that destroyed the economy and keeps pushing it down and it needs to be removed for the economy yo restructure and rebuild with private savings and businesses.

  25. Re:The spirit of the law on EU Finance Ministers Line Up Behind $21B Tax Ruling Against Apple (herald-dispatch.com) · · Score: 0

    In my not so humble opinion Apple needs to fight the politicians by hiring professionals to dig up every bit of dirt, blackmailing some, terminating others. This type of racketeering by the politicians must not go unpunished, governments need to fall.