Somehow you managed to completely skip over the issue of selling US government debt and how that is used to finance deficit spending when there isn't enough tax revenue. You skipped over the US government borrowing other people's money and paying them interest.
Please read the writings of Warren Mosler, and on the topic of Modern Monetary Theory.
Mr. Mosler’s ideas, which go under the label of “modern monetary theory,” or M.M.T., are clearly on the fringe, drawing skeptical reactions even from many liberal Keynesian economists who agree with some of his arguments. But they have attracted a growing following, flourishing on the Internet and in a handful of academic outposts, as he and others who share his thinking have made the case that austerity budgeting in the United States and in Europe is doing irreparable harm......
“They deny the fact that the government use of real resources can drive the real interest rate up,” said Mark Thoma, an economics professor and widely followed blogger who teaches at the University of Oregon. After delving into the technical details of modern monetary theory for a few minutes, he paused, then added, “I think it’s just nuts.”....
“These ideas definitely aren’t disseminated through published academic journals,” said Stephanie Kelton, an economist at University of Missouri-Kansas City, who coined the term “deficit owls” to distinguish modern monetary theorists from “deficit hawks.” “It’s all on the Internet.”
There are still fairly regular references to her on Slashdot in one way or another.
Stevens took a fair amount of heat over it, including a well publicized threat to resign his seat. That is part of what made it so memorable. It isn't often that a earmark project like that get national attention and meaningful political heat. You're probably right about Wicker though.
Robbing the nation to provide pork to your constituents back home...
I realize we have to flog Sarah Palin at every opportunity we get, but If you are talking Washington politics, which is where the money for those bridges was to come from, the "bridge to nowhere" was the baby of Ted Stevens and Don Young, not Sarah Palin. Sara Palin was a state official, not a member of Congress that had a hand in the funding.
Two Alaska Republicans with clout in Congress, Sen. Ted Stevens and Rep. Don Young, are pushing for funds that could send the Anchorage suburbs leapfrogging into those hinterlands.
I have several friends that work at General Dynamics here in Metro Detroit and the government spending has them in a quandary: they are forced by politicians to create a bill as high as possible - mandatory junkets and overtime, even when there's nothing to do. "Research" projects are the only thing that they do and they just post youtube videos, cancel the project and start something new. None of them can quit, even though the economy has recovered, because they are being paid so well as a result of the requirement to bill taxpayers so much.
Really? And what program are they billing those hours to? I doubt that the Federal government has given them a "do whatever" contract with an endless pot of money to bill against. Sounds like BS to me. Either that or they may defrauding the government by billing inappropriately against a real contract if what you say is actually true.... which I doubt.
You should look into the Democrat's view on the sequester, very few of them like it. It was meant to be a trap for the Republicans, but it backfired on the Democrats. Some Republicans have been unhappy, but few Democrats have been happy.
The government's ability to repay debts is mainly based on its power to tax to raise the funds. Governments that rely on printing currency to repay debts or for general spending tend to end up in the history books (Weimar Republic) or the newspapers (Zimbabwe) as economic basket cases crippled by hyperinflation.
Apparently nobody with mod points is reading your sig.
One of the limitations of written communications is that it doesn't convey many of the typical cues that people rely upon to communicate sarcasm, irony, confusion, or various other shades of meaning. I'm not sure what you intend to convey there, but if you mean it as written you've got things wrong.
I'm not a fan of "The Paul," as you put it. Never have been. I think he gets many things wrong, and his views tend towards fringe thinking. I think Libertarians in general are worth listening to, but I'm not one, even if one of my favorite websites has a definite Libertarian bent. I've always thought that NSA and TSA did something useful even if you can argue about their methods and limits. I don't think that terrorism is in general a valid excuse to deprive us of our rights. On the other hand, your actual rights under law may be different that what you think they are. Many people have faulty ideas about that. Even if you are right in general there may be specific circumstances where the rules can change, and rightly so. You will note that even the Constitution notes that:
“The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.” - Article I, Section 9, Clause 2 - Habeas Corpus
... no data recovery group have been shown to be capable of recovering overwritten data even in the face of great monetary incentive.
How many of those "data recovery groups" have had the resources of a modern industrialized nation state behind them? The scope of what is possible can vary enormously depending on your resources.
Which is a dick move, to be sure, but not quite the holocaust yet.
Saying "not quite the holocaust yet" is a bit of an understatement. And although you would never know it on Slashdot, there is a much more divided opinion in at least some societies about who was actually the "dick" at the heart of it.
Mobilization for the Civil War Reconstruction in the South after the Civil War Mobilization for WW1 Prohibition Federal poisoning of alcohol CCC - Civilian Conservation Corps CWA - Civil Works Administration FSA - Federal Security Agency PWA - Public Works Administration WPA - Works Progress Administration Mobilization for WW2 The Marshall Plan Mobilization for Korea The draft Mobilization for Desert Storm Cash for clunkers
The point being without this aid, Israel may not have enough free resources to do something like this.
It's not a government effort, and the $36 million cost isn't even as much as some of the fighter planes they fly, which comes out of their tax dollars. Obviously there is enough resources for it. It is a relative pittance.
Or maybe it is to remind everybody that the nuclear tipped missiles.
Do you really think that any of Israel's enemies is going to forget their armed forces and arms?
If you want to challenge it you might start of by trying to show that the defense budget and headcount hasn't changed since 1986. It should take you no more than a few minutes to see that is false, and that both have varied considerably.
I could provide other avenues you may want to explore as well.
The fact that Ron Paul may have championed a particular concern doesn't necessarily mean that his stand on the question was either right or sound policy. The Founding Fathers wanted to avoid foreign wars and entanglements, and yet what did Jefferson do to keep Americans free that Europeans generally wouldn't?
Slashdot Mirror
Somehow you managed to completely skip over the issue of selling US government debt and how that is used to finance deficit spending when there isn't enough tax revenue. You skipped over the US government borrowing other people's money and paying them interest.
Please read the writings of Warren Mosler, and on the topic of Modern Monetary Theory.
Mosler?
Warren Mosler, a Deficit Lover With a Following
Mr. Mosler’s ideas, which go under the label of “modern monetary theory,” or M.M.T., are clearly on the fringe, drawing skeptical reactions even from many liberal Keynesian economists who agree with some of his arguments. But they have attracted a growing following, flourishing on the Internet and in a handful of academic outposts, as he and others who share his thinking have made the case that austerity budgeting in the United States and in Europe is doing irreparable harm. .....
“They deny the fact that the government use of real resources can drive the real interest rate up,” said Mark Thoma, an economics professor and widely followed blogger who teaches at the University of Oregon. After delving into the technical details of modern monetary theory for a few minutes, he paused, then added, “I think it’s just nuts.” ....
“These ideas definitely aren’t disseminated through published academic journals,” said Stephanie Kelton, an economist at University of Missouri-Kansas City, who coined the term “deficit owls” to distinguish modern monetary theorists from “deficit hawks.” “It’s all on the Internet.”
A time machine?
That must be it. (Maybe I shouldn't have said anything.)
There are still fairly regular references to her on Slashdot in one way or another.
Stevens took a fair amount of heat over it, including a well publicized threat to resign his seat. That is part of what made it so memorable. It isn't often that a earmark project like that get national attention and meaningful political heat. You're probably right about Wicker though.
Robbing the nation to provide pork to your constituents back home ...
I realize we have to flog Sarah Palin at every opportunity we get, but If you are talking Washington politics, which is where the money for those bridges was to come from, the "bridge to nowhere" was the baby of Ted Stevens and Don Young, not Sarah Palin. Sara Palin was a state official, not a member of Congress that had a hand in the funding.
Alaska's 'bridges to nowhere'
Two Alaska Republicans with clout in Congress, Sen. Ted Stevens and Rep. Don Young, are pushing for funds that could send the Anchorage suburbs leapfrogging into those hinterlands.
Alaska 'bridge to nowhere' funding gets nowhere / Lawmakers delete project after critics bestow derisive moniker
I have several friends that work at General Dynamics here in Metro Detroit and the government spending has them in a quandary: they are forced by politicians to create a bill as high as possible - mandatory junkets and overtime, even when there's nothing to do. "Research" projects are the only thing that they do and they just post youtube videos, cancel the project and start something new. None of them can quit, even though the economy has recovered, because they are being paid so well as a result of the requirement to bill taxpayers so much.
Really? And what program are they billing those hours to? I doubt that the Federal government has given them a "do whatever" contract with an endless pot of money to bill against. Sounds like BS to me. Either that or they may defrauding the government by billing inappropriately against a real contract if what you say is actually true.... which I doubt.
You should look into the Democrat's view on the sequester, very few of them like it. It was meant to be a trap for the Republicans, but it backfired on the Democrats. Some Republicans have been unhappy, but few Democrats have been happy.
The government's ability to repay debts is mainly based on its power to tax to raise the funds. Governments that rely on printing currency to repay debts or for general spending tend to end up in the history books (Weimar Republic) or the newspapers (Zimbabwe) as economic basket cases crippled by hyperinflation.
Apparently nobody with mod points is reading your sig.
One of the limitations of written communications is that it doesn't convey many of the typical cues that people rely upon to communicate sarcasm, irony, confusion, or various other shades of meaning. I'm not sure what you intend to convey there, but if you mean it as written you've got things wrong.
I'm not a fan of "The Paul," as you put it. Never have been. I think he gets many things wrong, and his views tend towards fringe thinking. I think Libertarians in general are worth listening to, but I'm not one, even if one of my favorite websites has a definite Libertarian bent. I've always thought that NSA and TSA did something useful even if you can argue about their methods and limits. I don't think that terrorism is in general a valid excuse to deprive us of our rights. On the other hand, your actual rights under law may be different that what you think they are. Many people have faulty ideas about that. Even if you are right in general there may be specific circumstances where the rules can change, and rightly so. You will note that even the Constitution notes that:
“The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.” - Article I, Section 9, Clause 2 - Habeas Corpus
I stick by that post, it wasn't a troll.
... no data recovery group have been shown to be capable of recovering overwritten data even in the face of great monetary incentive.
How many of those "data recovery groups" have had the resources of a modern industrialized nation state behind them? The scope of what is possible can vary enormously depending on your resources.
Which is a dick move, to be sure, but not quite the holocaust yet.
Saying "not quite the holocaust yet" is a bit of an understatement. And although you would never know it on Slashdot, there is a much more divided opinion in at least some societies about who was actually the "dick" at the heart of it.
That would solve two problems: the Guardian continuing to publish, and the staff's need for housing.
Interesting, thanks.
It will be fascinating to see how it all plays out.
BS. What government program has ever ended?
Mobilization for the Civil War
Reconstruction in the South after the Civil War
Mobilization for WW1
Prohibition
Federal poisoning of alcohol
CCC - Civilian Conservation Corps
CWA - Civil Works Administration
FSA - Federal Security Agency
PWA - Public Works Administration
WPA - Works Progress Administration
Mobilization for WW2
The Marshall Plan
Mobilization for Korea
The draft
Mobilization for Desert Storm
Cash for clunkers
There are more.
Well done, I knew you could do it.
The point being without this aid, Israel may not have enough free resources to do something like this.
It's not a government effort, and the $36 million cost isn't even as much as some of the fighter planes they fly, which comes out of their tax dollars. Obviously there is enough resources for it. It is a relative pittance.
Or maybe it is to remind everybody that the nuclear tipped missiles.
Do you really think that any of Israel's enemies is going to forget their armed forces and arms?
As far as I see SpaceIL is a private group.
Do you think that other groups lander will be able to make the 500m trip?
A pity you couldn't substitute "prestige" for "dick waving" and "space program" for "space dick."
Amen to that, and they are working to put another astronaut in space as well.
You could always get a second opinion. Know anyone that could recommend someone they trust? Maybe a farm vet?
Nothing new there, it was known to the ancients.
“Greater love has no one than this, that one lay down his life for his friends. -- John 15:13
People will do things for love that they won't for money, including endure abuse, or attempt the impossible.
Beauty, eh. You deserve a nice, cold Elsinore and some poutine.
Completely serious. No joke. No hyperbole.
If you want to challenge it you might start of by trying to show that the defense budget and headcount hasn't changed since 1986. It should take you no more than a few minutes to see that is false, and that both have varied considerably.
I could provide other avenues you may want to explore as well.
The fact that Ron Paul may have championed a particular concern doesn't necessarily mean that his stand on the question was either right or sound policy. The Founding Fathers wanted to avoid foreign wars and entanglements, and yet what did Jefferson do to keep Americans free that Europeans generally wouldn't?
And I thought you were so nice and polite.
Not everyone in Canada is polite, and the Canadian government has its own security concerns of many types.
Take off, eh! ;)
... is just being an asshole.
Welcome to the club.