Of course, that's what libertarians are about, you know, giving money to corrupt industry leaders and politicians, and bailing out huge banks. - Sarcasm, to the 9th degree.
Back in the day, libertarianism was about liberty. These days it's just about guns and unbridled capitalism.
Galaxy rotation is only one of several phenomena that dark matter is needed to explain. In fact MOND does a better job, if that's *all* you want to explain. But it completely strikes out as an explanation for the other stuff.
If this only addresses rotation curves, it will strike out too. Are the authors so ill-informed that they are unaware of this?
Only if you let corrupt politicians take it from you. There's nothing wrong with Social Security. At all.
I remember in the '90s, the Republicans wanted to "save" it by stealing all the money, and the Democrats wanted to "save" it by only stealing 2/3 of the money.
Oh, and back then a lot of cons in Congress were saying it was about to collapse. Just like last decade. And this decade.
Bullshit. Free Market is a damn wonderful thing, self-repairing and needing no oversight other than disrupting monopolies.
That's religious dogma, not economics.
Compare socialism -- I did happen to live for the first 11 years of my life in a socialist country, the moment it fell all shortages ended nearly the next day. Shop shelves filled immediately, services suddenly became available, and so on. Competition started driving prices down so people could afford those goods and services.
And how long did it run completely unregulated before the big fish ate all the little fish?
As for socialism, the countries of north/west Europe were doing just fine - until underregulated US banks screwed the pooch.
The sadder thing is that the USPS's peak delivery year was 2006. Maybe there's been a very substantial downturn since then, but the internet was hardly new.
What is new is a 2006 law requiring the USPS to bank their employees' retirement money 75 years in advance. Since then they've been paying the treasury $5,000,000,000 per year, to cover the retirement of people who haven't even been born yet.
Some people think the Congress did this to kill the USPS.
If the mayors that decided on confrontations had been smart enough to just ignore them, it would all be over by now. Most people wouldn't have ever heard of it.
So we all see it, we all complain about it, but what exactly are we going to do about it?
Forget your gun; just vote the bastards out.
That will happen when things get bad enough, which may be pretty soon.
I suspect the reason we got Socialism in Europe and a New Deal in the USA is that the politician's handlers realized they were going to get communism if they didn't give ordinary people a bit of a break.
In fact this is exactly the OPPOSITE of the free market.
The emergency loans were uncapitalistic government interference that denied market forces the chance to punish these boys with failure like they deserved.
Especially since those same banks wouldn't have hesitated to foreclose on their own debtors.
"free market" is just an appeal to magic to obfuscate what its proponents are really saying: "let us do whatever we want".
No business actually wants competition to exist and drive prices down. They're in business to make big piles of money. But they can't appeal to the unwashed masses by saying "that mean ole gummit is making us behave", so they peddle a religious economic myth, and then use the mantras to jerk the voters' chains when they want something.
In a better world we'd have smaller institutions that individually don't pose as much risk.
A republic can't afford private businesses that are too big to fail.
Unfortunately, too many Americans think their "right" to get rich no matter what it does to everyone else is more important than the citizens' right to good, stable government.
I'm speaking strictly from personal experience with my small business (hardware store employing 30 people) and what I hear from other small business owners both locally and in the hardware industry around the country, but the banks don't appear to be loaning anyone anything lately. Even with the Fed pumping money into the system they still aren't willing to loan it out to small businesses or individuals. Money is going to money, and that's doing nothing to help the businesses and individuals that are struggling.
--end-soapbox--
You speak from personal experience; I read the same thing in the news.
For 30 years the USA has been run as a cream-skimming operation for the far-less-than-1%. But the cream is running out, and the chickens are coming home to roost.
Intervening is the exact opposite of laissez faire.
Since laissez faire means "let them do (what they want)", I think handing over public money to prop up businesses that don't manage their own money responsibly is probably the height of laissez faire.
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Of course, that's what libertarians are about, you know, giving money to corrupt industry leaders and politicians, and bailing out huge banks. - Sarcasm, to the 9th degree.
Back in the day, libertarianism was about liberty. These days it's just about guns and unbridled capitalism.
Dark Matter was created for the sole purpose of explaining the orbital momentum of stars. There is NO other evidence for it.
Actually that is *not* the only reason the dark matter hypothesis exists.
And even if it was the only anomaly that needed explaining, it still *would* need explaining.
Uhm... the big bang wasn't an explosion. Space itself is expanding: there's nothing for a shock wave to pass through.
Galaxy rotation is only one of several phenomena that dark matter is needed to explain. In fact MOND does a better job, if that's *all* you want to explain. But it completely strikes out as an explanation for the other stuff.
If this only addresses rotation curves, it will strike out too. Are the authors so ill-informed that they are unaware of this?
Only if you let corrupt politicians take it from you. There's nothing wrong with Social Security. At all.
I remember in the '90s, the Republicans wanted to "save" it by stealing all the money, and the Democrats wanted to "save" it by only stealing 2/3 of the money.
Oh, and back then a lot of cons in Congress were saying it was about to collapse. Just like last decade. And this decade.
Bullshit. Free Market is a damn wonderful thing, self-repairing and needing no oversight other than disrupting monopolies.
That's religious dogma, not economics.
Compare socialism -- I did happen to live for the first 11 years of my life in a socialist country, the moment it fell all shortages ended nearly the next day. Shop shelves filled immediately, services suddenly became available, and so on. Competition started driving prices down so people could afford those goods and services.
And how long did it run completely unregulated before the big fish ate all the little fish?
As for socialism, the countries of north/west Europe were doing just fine - until underregulated US banks screwed the pooch.
The sadder thing is that the USPS's peak delivery year was 2006. Maybe there's been a very substantial downturn since then, but the internet was hardly new.
What is new is a 2006 law requiring the USPS to bank their employees' retirement money 75 years in advance. Since then they've been paying the treasury $5,000,000,000 per year, to cover the retirement of people who haven't even been born yet.
Some people think the Congress did this to kill the USPS.
You're right: I was not talking about the standard meaning of the phrase.
I'm surprised OWS is still going
If the mayors that decided on confrontations had been smart enough to just ignore them, it would all be over by now. Most people wouldn't have ever heard of it.
answer: no. regulation and transparency would have done the job for much cheaper.
Cheaper for taxpayers, but not nearly as sweet for the gazillionaires.
Good thing the taxpayers are controlling the system with their votes...
So we all see it, we all complain about it, but what exactly are we going to do about it?
Forget your gun; just vote the bastards out.
That will happen when things get bad enough, which may be pretty soon.
I suspect the reason we got Socialism in Europe and a New Deal in the USA is that the politician's handlers realized they were going to get communism if they didn't give ordinary people a bit of a break.
In fact this is exactly the OPPOSITE of the free market.
The emergency loans were uncapitalistic government interference that denied market forces the chance to punish these boys with failure like they deserved.
Especially since those same banks wouldn't have hesitated to foreclose on their own debtors.
"free market" is just an appeal to magic to obfuscate what its proponents are really saying: "let us do whatever we want".
No business actually wants competition to exist and drive prices down. They're in business to make big piles of money. But they can't appeal to the unwashed masses by saying "that mean ole gummit is making us behave", so they peddle a religious economic myth, and then use the mantras to jerk the voters' chains when they want something.
The latest tech stories that I couldn't find anywhere else (like an economics blog.)
Tech stories are for weekdays. Weekends need flamebait to keep the hits up.
In a better world we'd have smaller institutions that individually don't pose as much risk.
A republic can't afford private businesses that are too big to fail.
Unfortunately, too many Americans think their "right" to get rich no matter what it does to everyone else is more important than the citizens' right to good, stable government.
For some reason I trust the Daily Show for more accurate news then real news outlets...
IIRC, a national survey turned up the same result a couple of years back.
--soapbox--
I'm speaking strictly from personal experience with my small business (hardware store employing 30 people) and what I hear from other small business owners both locally and in the hardware industry around the country, but the banks don't appear to be loaning anyone anything lately. Even with the Fed pumping money into the system they still aren't willing to loan it out to small businesses or individuals. Money is going to money, and that's doing nothing to help the businesses and individuals that are struggling.
--end-soapbox--
You speak from personal experience; I read the same thing in the news.
For 30 years the USA has been run as a cream-skimming operation for the far-less-than-1%. But the cream is running out, and the chickens are coming home to roost.
(Pardon the mixed metaphors.)
Because we try to only put people in jail for things that are crimes not things that you consider obscene.
Like smoking pot, or stealing small amounts of money instead of large amounts of money...
We put people in jail for whatever the politicians want to put them in jail for, except when the courts intervene.
Vote, please, but recognize that American democracy has been corrupted by unlimited money for campaign advertising.
The only way we'll every fix the system is by voting for good government rather than our own personal interests.
Unfortunately, since about 1980 greed and intolerance have been deemed the highest public virtues.
It's capitalism, meaning you can buy anything and do anything for profit.
Presumably you refer to legislation, policy, treaties, wars, etc.
Our political system has become just another sack of beans being bandied about by our economic system. For profit.
Or their Social Security check from Uncle Sugar. You can't help fix the problem of corruption, if you don't understand what the bribes were.
Are they bribing me by skimming money of the top of my paycheck every month?
Free Market Capitalism is a good thing for a tiny fraction of the population
FTFY.
Intervening is the exact opposite of laissez faire.
Since laissez faire means "let them do (what they want)", I think handing over public money to prop up businesses that don't manage their own money responsibly is probably the height of laissez faire.
That isn't capitalism, it's Crony Capitalism. Our political class has become so corrupt they can't even see the problem.
I suspect the $ee it plenty well.
They seem to swap D and R on FOX news any time it suits their narrative anyway
Yes, there have been several times during the last couple of years when an R got into a scandal and FAUX called them a D for the first several days.
Doubt that. Normally I work 60 hours a week plus more.
That's only 10 hours a day for six days a week. The OP probably wouldn't know what to do with all that spare time.