The president can order all troops to come home, saving thousands, if not hundreds of thousands, of lives as well as hundreds of billions, if not trillions, of dollars. The president can investigate every nook and cranny of the Federal Government. Set the focus of the law enforcement arms. Appoint reasonable people to the myriad commissions and czar positions. This is list is inconclusive yet would still be a lot of change.
The Sanders amendment was passed over Paul's amendment. Paul's amendment was an actual top-to-bottom audit of the Fed, while the Sanders was incredibly watered-down by comparison. For example, the gold will not be audited. For all other multi-billion dollar assets, owners require periodic audits of the asset, yet for some reason the gold in the Federal Reserve has not been audited in over 60 years.
I have repaid every loan I've ever taken early (sometimes by years). Can I get a one day trillion dollar loan? Please? Oh, and if I don't pay it back tomorrow, can I keep it until the next day? Please? And then the next day? Please?
Yes, the 'modifications' were increasing the number of dollars to an ounce of gold. This is not what a gold 'standard' is. Whoever put that in Wikipedia has no idea what the terminology even means. Any sane person cannot possibly consider Bretton-Woods to be a gold standard.
How do we know that? There hasn't been an audit of the Federal Reserve gold in over 60 years. This audit they're doing now is nothing more than a joke for those who understand how the Fed works.
If you desire to purchase a good, let's say a loaf of bread, do you factor in the rate of change of value in the currency? How about when you purchase a new phone? Of course not, because the change in value is insignificant to the price of the good. The supply chain works to support your needs as a consumer, so the argument that deflation affects production is false, especially when we begin to evaluate how markets behaved when there really was deflation.
We did not leave the gold standard until the Federal Reserve Act of 1913. Before that we were on the gold standard, and from the ratifying of the Constitution to creation of the Federal Reserve we went from a third-world bankrupt nation to the largest manufacturer on the planet (1895). Clearly the small amount of deflation did not hamper investment in capital goods. In fact, it probably made the economy grow more quickly because investments were made more wisely.
Most people are poor at making investment decisions, but inflation puts pressure on people to invest because they know that their savings will be worthless when they want to draw on it during retirement. With this pressure they are more likely to make higher risk investments. However, if they know that a penny earned now will be worth a penny after being saved, they become much more skeptical about investing, meaning that those seeking investors will have to have much more robust business plans to convince the investors to part with their money. With less malinvestment prices are more stable and the economy will grow more quickly.
If this is true, the shareholders of the various companies that are publicly traded have a strong case for suing the board of directors for not performing their legal requirement to increase profits.
Wikipedia is another somewhat popular site that is blocked. They also seem to have some way of determining that a user is using SSH to connect to a SOCKS proxy. I could tool around on my server all night, but as soon as I started browsing the connection became so slow it was unusable for any purpose, and yes, DNS lookups were being done through the proxy.
Has anyone reviewed the Google+ Terms of Service? I'm wondering if they can just change this them on a whim. Something tells me that if Google+ were truly successful, then at some point in the future they would change the ToS to incorporate reductions in privacy. However, if the ToS were a two-way, I don't know, 'contract', where users actually have contractual rights to their information, then perhaps that would be something more interesting to those who are concerned about privacy.
I think the poster was referring to storage in the vehicle. A Hydrogen powered vehicle would have the same range as their gasoline powered counterparts.
I think the reason for using Hydrogen is to increase the range of the car. Electrical storage is a severe weakness which greatly reduces the utility. I'm not aware of any cheap mass-production method of Hydrogen.
Slashdot Mirror
For assets of this size it is standard to audit at least annually. There is no such thing as trust with dollar amounts this huge.
The president can order all troops to come home, saving thousands, if not hundreds of thousands, of lives as well as hundreds of billions, if not trillions, of dollars. The president can investigate every nook and cranny of the Federal Government. Set the focus of the law enforcement arms. Appoint reasonable people to the myriad commissions and czar positions. This is list is inconclusive yet would still be a lot of change.
The Sanders amendment was passed over Paul's amendment. Paul's amendment was an actual top-to-bottom audit of the Fed, while the Sanders was incredibly watered-down by comparison. For example, the gold will not be audited. For all other multi-billion dollar assets, owners require periodic audits of the asset, yet for some reason the gold in the Federal Reserve has not been audited in over 60 years.
We created the Fed to make gargantuan loans to foreign entities?
I have repaid every loan I've ever taken early (sometimes by years). Can I get a one day trillion dollar loan? Please? Oh, and if I don't pay it back tomorrow, can I keep it until the next day? Please? And then the next day? Please?
The U.S. became the world's largest manufacturer in 1895.
+1 Informative. Wish I had mod points.
Yes, the 'modifications' were increasing the number of dollars to an ounce of gold. This is not what a gold 'standard' is. Whoever put that in Wikipedia has no idea what the terminology even means. Any sane person cannot possibly consider Bretton-Woods to be a gold standard.
How do we know that? There hasn't been an audit of the Federal Reserve gold in over 60 years. This audit they're doing now is nothing more than a joke for those who understand how the Fed works.
If you desire to purchase a good, let's say a loaf of bread, do you factor in the rate of change of value in the currency? How about when you purchase a new phone? Of course not, because the change in value is insignificant to the price of the good. The supply chain works to support your needs as a consumer, so the argument that deflation affects production is false, especially when we begin to evaluate how markets behaved when there really was deflation.
We did not leave the gold standard until the Federal Reserve Act of 1913. Before that we were on the gold standard, and from the ratifying of the Constitution to creation of the Federal Reserve we went from a third-world bankrupt nation to the largest manufacturer on the planet (1895). Clearly the small amount of deflation did not hamper investment in capital goods. In fact, it probably made the economy grow more quickly because investments were made more wisely.
Most people are poor at making investment decisions, but inflation puts pressure on people to invest because they know that their savings will be worthless when they want to draw on it during retirement. With this pressure they are more likely to make higher risk investments. However, if they know that a penny earned now will be worth a penny after being saved, they become much more skeptical about investing, meaning that those seeking investors will have to have much more robust business plans to convince the investors to part with their money. With less malinvestment prices are more stable and the economy will grow more quickly.
If this is true, the shareholders of the various companies that are publicly traded have a strong case for suing the board of directors for not performing their legal requirement to increase profits.
Right now it's 2011. Just thought I'd mention it.
As a typical user in 1999, I knew how to use Napster, and so did all the other typical users I knew.
That's about the most ridiculous straw man I've just about ever seen.
Also missing is an ROI calculation.
Wait, we're still explaining to people on Slashdot what the function of one is?
Wikipedia is another somewhat popular site that is blocked. They also seem to have some way of determining that a user is using SSH to connect to a SOCKS proxy. I could tool around on my server all night, but as soon as I started browsing the connection became so slow it was unusable for any purpose, and yes, DNS lookups were being done through the proxy.
Has anyone reviewed the Google+ Terms of Service? I'm wondering if they can just change this them on a whim. Something tells me that if Google+ were truly successful, then at some point in the future they would change the ToS to incorporate reductions in privacy. However, if the ToS were a two-way, I don't know, 'contract', where users actually have contractual rights to their information, then perhaps that would be something more interesting to those who are concerned about privacy.
You mean, like, the Internet?
I wish I had mod points. I totally agree that Google is not going to respect my privacy.
How about The Impossible Game?
"Landslide Lyndon"
I have a hanging chad that says you're wrong.
I think the poster was referring to storage in the vehicle. A Hydrogen powered vehicle would have the same range as their gasoline powered counterparts.
I think the reason for using Hydrogen is to increase the range of the car. Electrical storage is a severe weakness which greatly reduces the utility. I'm not aware of any cheap mass-production method of Hydrogen.