The parallels between these people and the religious right of the 70s and 80s blows me away. "Racist" is the new "Satan Worshipper".
Eventually people just go "yeah, I actually do worship the devil so please just go fuck off."
Eventually people just go "yeah, I actually do worship the devil so please just go fuck off."
I remember when Donald Trump went on national television and said "They’re not gonna stop [...] this is a movement I'm telling you, they’re not gonna stop. And everyone beware, because they’re not gonna stop, they’re not gonna stop before election day in November, and they’re not gonna stop after election day [...] and everyone should take note of that on both levels, that they’re not gonna let up, and they should not, and we should not."
Later on, he arranged to have financial support provided to violent rioters who were arrested for hurting people and damaging property!
How disgusting for Donald Trump to say something that horrible! Can you imagine if someone who was in charge today had said something like that about violent riots and gave material support to the people who committed crimes during riots like that?
Later on, he arranged to have financial support provided to violent rioters who were arrested for hurting people and damaging property!
How disgusting for Donald Trump to say something that horrible! Can you imagine if someone who was in charge today had said something like that about violent riots and gave material support to the people who committed crimes during riots like that?
I mean, it *is the* tactic. The only tactic they like more than that is immediately calling the person a racist sexist misogynistic homophobic transphobic nazi for even bringing it up.
We're in an era where world governments are so blatantly attacking basic human rights and so blatantly violating their duty to the people they pretend to serve that it's hard to comprehend.
It's like there's a guy masturbating in the middle of the room with fish guts, and he's just staring you in the eye like "Yeah, I'm doing this. What are you gonna do about it, bitch?"
We're in an era where world governments are so blatantly attacking basic human rights and so blatantly violating their duty to the people they pretend to serve that it's hard to comprehend.
It's like there's a guy masturbating in the middle of the room with fish guts, and he's just staring you in the eye like "Yeah, I'm doing this. What are you gonna do about it, bitch?"
Sort of a childish way of looking at things, there's no free lunch.
Government debt is someone else's asset. So is private debt. That doesn't mean the debt is positive. Especially since government debt is today something we never intend to pay back, so you give monied classes the chance to make money forever so we don't have to pay for something today.
In accounting, there's something called the rule of 72. Basically, you take 72 and divide it by the interest rate on the debt, and that gives you the number of years it takes for the amount you paid to double. At 4%, that comes out to about 20 years, so every 20 years right now we're paying for the thing we didn't want to pay for today in full, and we aren't even touching the principal of the loan. that might not matter to you, but it'll matter to your kids and your grandkids and your great grandkids who pay for your largesse again and again and again.
https://drbudgets.com/2014/03/01/rule-72-debt/
If central banks print more, that can work, but it's not good. Printing more money causes inflation (maybe not immediately but eventually). The inflation tax is a regressive tax that hurts the people on the bottom the most. The rich own assets that appreciate, but retirees living on a fixed income just need to make sure with less. Many people on the bottom rung of society have a fixed income as well so they need to make do with less. People who are working class rely on wages, and inflation eats away at their wage, so every year they need to get a raise or they're further behind, and the rule of 72 applies to inflation as well, so right now people need to ask for double their wages every 10 years just to keep their heads above water (and they aren't getting it), disregarding my next point.
Inflation is also a problem in that it's poorly measured on purpose. The government doesn't want to pay for their inflation tax so over the past 20 years they've gamed the system to keep inflation lower than it really is. If you used to eat steak, then you couldn't afford steak so you bought chicken, then you couldn't afford chicken so you bought bologna, but then you couldn't afford bologna so you bought organ meats, they'd consider that no change in your cost of living despite the fact that everything went way up, and if you're paying $2000 for an iphone where it used to cost $600, they'll argue the new phone is way better so it's basically a better deal so that's no change in the cost of living, and instead of looking at house prices + interest or actual rent, they just ask people who own homes how much they think they'd have to pay to rent. All these games fudge the numbers so the ones who pay for money printing hurt more. If we measured inflation the same way we did in the 1970s, we're at all time highs right now. All while savings, wages, and fixed incomes shrink.
Private debt also has something that makes it way better than public debt: If a person or a company runs up too much debt, they can go bankrupt. The loan is dismissed, that person can't borrow for 6 years, then they're back to square 1. Governments can't do this. They have to deal with long term pain if they take risks on bad investments, and the only way out is through. This has destroyed empires.
It doesn't actually matter what you do with the money when you manage debt like we do. We never pay it back. The debt becomes a bigger and bigger burden on the government and ultimately the people. They can tax to pay it back which means dollars that could have gone to education, healthcare, infrastructure, instead goes to banks. They can print to pay it back which means the poor and working class get poorer. That's how you end up with increasing wealth inequality as you steal from the poor to give to the rich. Moreover private debt dies with the person, but public debt lingers forever. This is why I call government debt enslaving our children and grandchildren, because they're stuck paying for our "free government" forever even long after we're dead.
Debt can be a positive, just like there are medically legitimate uses of cocaine and anabolic steroids, but it's something we have to be extremely careful of. Addicts will always have excuses why they should get another hit, and some people are willing to give up the future for today despite the high cost. It's dangerous enough that a blanket "do good things and it's good" isn't acceptable. If these things are so good, pay for them honestly rather than enslaving future generations.
Government debt is someone else's asset. So is private debt. That doesn't mean the debt is positive. Especially since government debt is today something we never intend to pay back, so you give monied classes the chance to make money forever so we don't have to pay for something today.
In accounting, there's something called the rule of 72. Basically, you take 72 and divide it by the interest rate on the debt, and that gives you the number of years it takes for the amount you paid to double. At 4%, that comes out to about 20 years, so every 20 years right now we're paying for the thing we didn't want to pay for today in full, and we aren't even touching the principal of the loan. that might not matter to you, but it'll matter to your kids and your grandkids and your great grandkids who pay for your largesse again and again and again.
https://drbudgets.com/2014/03/01/rule-72-debt/
If central banks print more, that can work, but it's not good. Printing more money causes inflation (maybe not immediately but eventually). The inflation tax is a regressive tax that hurts the people on the bottom the most. The rich own assets that appreciate, but retirees living on a fixed income just need to make sure with less. Many people on the bottom rung of society have a fixed income as well so they need to make do with less. People who are working class rely on wages, and inflation eats away at their wage, so every year they need to get a raise or they're further behind, and the rule of 72 applies to inflation as well, so right now people need to ask for double their wages every 10 years just to keep their heads above water (and they aren't getting it), disregarding my next point.
Inflation is also a problem in that it's poorly measured on purpose. The government doesn't want to pay for their inflation tax so over the past 20 years they've gamed the system to keep inflation lower than it really is. If you used to eat steak, then you couldn't afford steak so you bought chicken, then you couldn't afford chicken so you bought bologna, but then you couldn't afford bologna so you bought organ meats, they'd consider that no change in your cost of living despite the fact that everything went way up, and if you're paying $2000 for an iphone where it used to cost $600, they'll argue the new phone is way better so it's basically a better deal so that's no change in the cost of living, and instead of looking at house prices + interest or actual rent, they just ask people who own homes how much they think they'd have to pay to rent. All these games fudge the numbers so the ones who pay for money printing hurt more. If we measured inflation the same way we did in the 1970s, we're at all time highs right now. All while savings, wages, and fixed incomes shrink.
Private debt also has something that makes it way better than public debt: If a person or a company runs up too much debt, they can go bankrupt. The loan is dismissed, that person can't borrow for 6 years, then they're back to square 1. Governments can't do this. They have to deal with long term pain if they take risks on bad investments, and the only way out is through. This has destroyed empires.
It doesn't actually matter what you do with the money when you manage debt like we do. We never pay it back. The debt becomes a bigger and bigger burden on the government and ultimately the people. They can tax to pay it back which means dollars that could have gone to education, healthcare, infrastructure, instead goes to banks. They can print to pay it back which means the poor and working class get poorer. That's how you end up with increasing wealth inequality as you steal from the poor to give to the rich. Moreover private debt dies with the person, but public debt lingers forever. This is why I call government debt enslaving our children and grandchildren, because they're stuck paying for our "free government" forever even long after we're dead.
Debt can be a positive, just like there are medically legitimate uses of cocaine and anabolic steroids, but it's something we have to be extremely careful of. Addicts will always have excuses why they should get another hit, and some people are willing to give up the future for today despite the high cost. It's dangerous enough that a blanket "do good things and it's good" isn't acceptable. If these things are so good, pay for them honestly rather than enslaving future generations.
Tim's is cheaper than Starbucks by far. The fare is more mundane. It's for a regular working class person who wants a $2 coffee in the morning. The same company that runs burger king runs it and has for a while.
The question is wrong.
Google didn't change the number of Google ads, it just spawned legions of useless clickbait sites that dont do anything but googles algorithm really likes. They don't get paid for those sites.
Google didn't change the number of Google ads, it just spawned legions of useless clickbait sites that dont do anything but googles algorithm really likes. They don't get paid for those sites.
I wish there was an open source tinkercad.
I like tinkercad a lot, but the fact that a big part of my toolchain could be yeeted at any second autodesk decides it's time to make some money scares me.
I like tinkercad a lot, but the fact that a big part of my toolchain could be yeeted at any second autodesk decides it's time to make some money scares me.
Prisons have floors, and walls, and electricity, and lights, and people eat there, and there's heat, and people usually speak the same language as the country they're in... Lots of commonalities between prisons and other things.
Imagine being this disgraceful.
Elections happen all the time where you know exactly who won the same day. It seems like only America has problems with this.
Elections happen all the time where you know exactly who won the same day. It seems like only America has problems with this.
Couldn't have happened to a nicer piece of subhuman refuse.
The justice system has a number of different roles. Finding justice for those who are wronged is important, but it also protects criminals from vigilantes who would take justice into their own hands if the state didn't.
If this man got released on one of his many stupid sovereign citizen word games, he'd have to change his name and make sure nobody ever recognized him.
If I were the dad whose kid was murdered in this, I'd have to ask... "You got mad at your girlfriend and murdered my son. I'm very mad at you, let's say something happened to your daughter. Should I be released on grouns or admiralty law? Should I repent upon Jesus, would you say I should be set free?"
The justice system has a number of different roles. Finding justice for those who are wronged is important, but it also protects criminals from vigilantes who would take justice into their own hands if the state didn't.
If this man got released on one of his many stupid sovereign citizen word games, he'd have to change his name and make sure nobody ever recognized him.
If I were the dad whose kid was murdered in this, I'd have to ask... "You got mad at your girlfriend and murdered my son. I'm very mad at you, let's say something happened to your daughter. Should I be released on grouns or admiralty law? Should I repent upon Jesus, would you say I should be set free?"
Arguably, America has been dealing with the hangover of massive debt since the 1960s. After the world wars there was a tremendous economic boom, then they had to deal with the fallout in the late 70s, throughout the 80s, and the early 90s. In the late 90s until today they've been hitting the "add debt" button the whole time in government, in companies, and amongst the public, which occasionally blows up bubbles people get rich from, but it's increasing the divide between the rich and the poor, it's destroying the middle class, and it's pricing assets such as homes that people need to thrive outside of the reach of common people.
Anabolic steroids help you grow muscle but your heart and other fundamental structures can be under additional strain with the unnatural growth so lots of people who take steroids die of heart failure or damage other parts of their bodies that aren't improved by steroids. Similarly, debt makes your economy grow fast but in the process you are damaging fundamental economic structures that aren't improved by debt and some of those structures will be strained by the growth of economic activity that wouldn't have otherwise been there and isn't really organic growth.
Anabolic steroids help you grow muscle but your heart and other fundamental structures can be under additional strain with the unnatural growth so lots of people who take steroids die of heart failure or damage other parts of their bodies that aren't improved by steroids. Similarly, debt makes your economy grow fast but in the process you are damaging fundamental economic structures that aren't improved by debt and some of those structures will be strained by the growth of economic activity that wouldn't have otherwise been there and isn't really organic growth.
It's hilarious seeing how many idiot nazi gestapo blocked me because my name was on a list. Those instances are run by the sort of people who would have run concentration camps and later whine they didn't realize mass murder was wrong; mindless idiots who just do as they're told.
Thank God garbage people like that have nothing to do with my fediverse.
Thank God garbage people like that have nothing to do with my fediverse.
https://yewtu.be/watch?v=6V_sEqfIL9Q
Shades of the Jon Stewart I tuned in to watch every day for years in the 2000s.
Shades of the Jon Stewart I tuned in to watch every day for years in the 2000s.
Funny thing about economics is even though it isn't always 100% correct because it's essentially a social science, it still has some fundamental forces. There are constraints, often physical constraints. There are only so many loaves of bread that the human race can possibly bake in one day. People end up getting into the fuzzy edges of the social science, and they forget that at the end of the day someone has to make a loaf of bread.
Unless the bant furnaces are stoked with coal, I don't necessarily see a good reason to push people to be routinely working long hours.
Occasionally you'll be working on some project where what you really need is nose to the grindstone time, but if people are staying long hours just for the sake of staying long hours, the only thing you're going to get is burnout.
Occasionally you'll be working on some project where what you really need is nose to the grindstone time, but if people are staying long hours just for the sake of staying long hours, the only thing you're going to get is burnout.
So to start with, don't take my long posting as some big attack rant or anything, I just like to let the ideas I'm talking about stretch my legs. That's what makes writing replies fun often. I'm trying to figure out what the truth is for myself alongside anyone I'm discussing with.
It seems to me that your first bit sort of showed me my error -- I was assuming you were trying to say that central planning actually works, but what you're really saying is that it works just good enough and just long enough to make it seem like a good choice. I can get behind that, to be honest. The irresponsible policies I'm talking about about have made people appear rich just long enough that they think they work. You see it in people's personal lives too, where people do things that we all should know are bad, but they don't cause an immediate collapse so people keep doing it assuming they figured out a way to do the bad thing that works. One hit of cocaine doesn't destroy your life, but deciding after one hit of cocaine that it's actually good for you is how you get to the point where you're an addict who has destroyed their lives.
China is a really odd case in a lot of ways. It's obviously an authoritarian regime, but in a lot of ways it's also been until recently quite free. For example, they extract less of their economy in taxation than any other advanced economy (it's a huge problem for them), and if you're a faceless megacorp they were happy to let you break the environment as long as you brought in money and jobs. I expect that now that they start to clamp down and remind everyone they're authoritarian the miracle economy will end.
Debt is almost always what brings the boom, and Japan and China are no different. They had the capacity for growth and there is no doubt that they were lined up to be profitable, but it's the debt that took incremental growth of a good performer and gave it a burst of explosive growth. That's where the capital comes from to build an entire country worth of factories in just a couple decades. Not just government debt, but corporate debt, as well as household debt. Feels great during the boom, but when the money dries up it hurts bad because you went from not having to actually support yourself to having to support yourself today and yesterday just to keep your head above water. Globally we're at a point where the money has to dry up after progressively loosening monetary conditions for 25 years, and when the tide goes out you get to see who isn't wearing a bathing suit.
It seems to me that your first bit sort of showed me my error -- I was assuming you were trying to say that central planning actually works, but what you're really saying is that it works just good enough and just long enough to make it seem like a good choice. I can get behind that, to be honest. The irresponsible policies I'm talking about about have made people appear rich just long enough that they think they work. You see it in people's personal lives too, where people do things that we all should know are bad, but they don't cause an immediate collapse so people keep doing it assuming they figured out a way to do the bad thing that works. One hit of cocaine doesn't destroy your life, but deciding after one hit of cocaine that it's actually good for you is how you get to the point where you're an addict who has destroyed their lives.
China is a really odd case in a lot of ways. It's obviously an authoritarian regime, but in a lot of ways it's also been until recently quite free. For example, they extract less of their economy in taxation than any other advanced economy (it's a huge problem for them), and if you're a faceless megacorp they were happy to let you break the environment as long as you brought in money and jobs. I expect that now that they start to clamp down and remind everyone they're authoritarian the miracle economy will end.
Debt is almost always what brings the boom, and Japan and China are no different. They had the capacity for growth and there is no doubt that they were lined up to be profitable, but it's the debt that took incremental growth of a good performer and gave it a burst of explosive growth. That's where the capital comes from to build an entire country worth of factories in just a couple decades. Not just government debt, but corporate debt, as well as household debt. Feels great during the boom, but when the money dries up it hurts bad because you went from not having to actually support yourself to having to support yourself today and yesterday just to keep your head above water. Globally we're at a point where the money has to dry up after progressively loosening monetary conditions for 25 years, and when the tide goes out you get to see who isn't wearing a bathing suit.