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Mad Max: Story of the V8 Interceptor

Chinese Reporter Gracefully Uses Slide

Chinese Reporter Gracefully Uses Slide

Meanwhile in Ukraine...

Trumps Crazy CNN Interview about Mexican Judge

shang says...

I love him, hate political correctness, media is ignoring the over 400 rapes and murders dubbed "the femicide" in Juarez in border, none of the perps caught, they run into US get welfare, timestamps, HUD housing and pay zero taxes.

Liberals enjoy sheltering rapists with tax money but every day more found dead in Juarez as young as 6.


I hate political correctness, and voting Trump. Already voted him in primary and my neighbor is Guatemalan he became a US citizen legally and his entire family and cousins voted Trump at primary but Guatamalans tend to hate what cartels are going at border and know exactly what's going in more than any kids online believing what is said on television..

Hell the exit poll in my town was awesome Trump got 62% black vote , 78% Guatemalan vote (large population)

Folks are absolutely fed up with hypersensitive sissies , we need blunt directness .

I'd rather have Bill Hicks, as a President :-P

But when John Cheeseof Monty Python says political correctness and liberalism in America has gone too far and he's joined all other comedians in banning tours at colleges and he hopes Trump will end political correctness sissiness you know the country is about to destroy the Democrats just like they did in 1968.

In 1968 the time called "white riot" but whites and blacks rioted and Democrat convention shut down and Democrats lost the next 10 elections. Over political correctness.

Proof that history has repeated itself. The liberals collapse every 60 years. 60 years before this Richard Henry Pratt the man who invented the word "racism" out of thin air as a slur when he invented political correctness and attached individualism, claiming individualism is racist, that all cultures should be forcefully eradicated and forced to mix , be caused the genocide of Indians and extinction of dozen languages until violently stopoed.


1968 white riot ending all Democrat for decade
https://youtu.be/epxmX_58tOo


Think tank Industry social change political correctness rule maker director gives speech how just like Germany and Sweden to destroy America
https://youtu.be/nFAQNjqH1zA


I do hope Trump can win and stay blunt, cuss out the retard media and idiot corporate owned government and at least get folks back to those of us of generation X who were adamantly Anti political correctness, to quote Rage Against The Machine "fuck you, I won't do what you tell me"



-grin-


blacklotus90 (Member Profile)

The Single Most Uncomfortable Moment in TMNT.

Wubba Lubba Dub Dub - Rick and Morty Remix

Computer Nightmares, China USB hub kills PC by design

chaos4u says...

All you mac people are so snowed or blind or just desperately trying to justify your money being wasted on a inferior product.

any thing can be done faster on a proper pc (proper meaning it uses the latest processor memory ssd and graphics card)

but the trouble comes from people when they get on pc they get cheap and expect to do their video editing in virtual dub (not knocking vdub by the way)

or try and find some other video tool they can use for free . they wont buy a proper video editing software package nor will they buy proper software tools for their jobs . they try and use free alternatives or try and pirate the software.

but when they use mac they by the video editing software and the tools they need .

it is such bs, macs are weaker hardware weaker operating system and a weaker overall tool . but since people have invested so much money into them they unjustly justify there purchases by derailing the pc as a lesser platform.

when it is not true.

pcs, can have dedicated storage that outperforms and also stores more than any mac can dream of .

pcs can be all self contained no need for plethora of external drives hanging form 4 may be 3 or is it 2? soon to become one port hanging off your mac in a needless chain of wires.

pcs can have higher resolution and better monitors better user input, better configuration options, and backwards and forward compatibility with previous and next gen software.

but no, mac users over shadow this with the base argument that their $1500 mac is some how better than the $300 desktop they love comparing to .

but when it becomes price point vs hardware mac users have no ground to stand on as they are using , even in their newest machines 3+ year old hard ware and even on a refresh they are already 1 year behind in technology.

mac is nothing more than a placebo for those who failed at using windows computers .

they constantly compare a custom 1500 dollar computer with a locked in user experience to a 300 dollar walmart special with a completely open user experience and lament the windows based product as inferior.

when in actuality it is the mac that is the inferior product.

did you know that your $2000++ mac has a 5400 rpm hardrive in it configured to work with 128gb ssd in such a way that if either of the two fail your entire data set is trashed?

yeah ... thats a well built product .

Socialism explained

newtboy says...

Um, it's more like taking a little from <5% to improve the lives of all 100%, so off the bat 'Regan' is lying. Having a 'bottom' 15% living well below poverty levels creates a climate that's good for no one, including those at the top. Creating a 'safety net' for those people creates a society with less crime and more opportunity for all, and wastes less money on policing, prosecuting, and incarceration, as well as less production lost. Yes, there will be a few who 'take advantage' of the programs to loaf, but there will be more who take advantage of the programs to succeed where they had no opportunity to do so without them.
The classroom play was also ridiculous. Socialism would mean that they all got the education they needed to preform on the test, including the classroom materials and tutoring if needed, capitalism would mean those who inherit books and can afford classroom materials and teachers get to 'learn', those who can't afford them only get to 'learn' by osmosis if they're allowed to participate at all, never learn directly, so only the truly exceptionally gifted might 'learn' while the rest sit in the corner getting dumber. (in their analogy, 'learning' is analogous to 'succeeding financially')
In this ridiculous classroom fantasy, they offer an extreme version of the downfalls of pure socialism, but absolutely none of the benefits, then show how that system doesn't work.
Because of this disingenuous one sided portrayal of the system it's claiming to explain, I dub this *lies.

Caspian Report - Geopolitical Prognosis for 2016 (Part 1)

radx says...

@RedSky

First, if it were up to me, you could take over as Minister of Finance in this country tomorrow. Our differences seem miniscule compared to what horrendous policies our last three MoF have pushed. The one prior, ironically, was dubbed the most dangerous man in Europe by The Sun.

We're in agreement on almost everything you mentioned in your last comment, so I'll focus on what I perceive differently.

First, I'd differentiate between fiscal stimulus and fiscal spending, the former being a situational application of the latter. As you said, fiscal stimulus during an economic crisis tends to be inadequate with regards to our macroeconomic objectives. You can neither whip out plans for major investments at a whim nor can you mobilize the neccessary resources quickly enough to make a difference and still be reasonable efficient. Not to mention that it only affects certain parts of the economy (construction, mostly), leaving others completely in the wind. So I'm with you on that one, it's a terribly inefficient and ineffective approach.

Automatic stabilizers work magnificently in this regard, but they barely take any pressure from the lower wage groups, especially if unemployment benefits come with a metric ton of strings attached, as is the case in Germany. A basic income guarantee might work, but that's an entirely different discussion.

The problem I see with merely relying on reasonable automatic stabilizers in the form of payments is that they do put a floor into demand, but do very little to tackle the problem of persistent unemployment due to a lack of jobs. As useful as training and education are, the mere number of highly educated people forced to work mundane jobs tells me that, at best, it doesn't work, and at worst pushes a systemic problem onto the individual, leading to immense pressure. Not to mention the psychological effects of being unemployed when employment is tauted as a defining attribute of a proper person -- aka the demonization of the unemployed.

It's still somewhat decent in Australia, but in Europe... it's quite a horrible experience.

Anyway, my point is that I'd rather see a lot more fiscal spending (permanent!) in the shape of public sector jobs. A lot of work cannot be valued properly by the market; should be done without the expectation of a return of investment (hospitals, anyone?); occurs in sectors of natural monopolies -- all of that should be publicly run. A job guarantee, like your fellow countryman Bill Mitchell advocates quite clearly, might be an approach worth trying out. Economy in the shit? More people on the public payroll, at rather low (but living wage!) wages. Do it at the county/city level and you can create almost any kind of job. If the private sector wants those people instead, they'd have to offer better working conditions. No more blackmail through the fear of unemployment -- you can always take a public job, even if it is at a meagre pay.

I should probably have mentioned that I don't buy into the notion of a stable market. From where I am standing, it's inherently unstable, be it through monopolies/oligopolies, dodging of laws and regulations (Uber), impossibility to price-in externalities (environmental damage most of all) or plain, old cost-cutting leading to a system-wide depression of demand. I'm fine with interfering in the market wherever it fails to deliver on our macroeconomic objectives -- which at this point in time is almost everywhere, basically.

Healthcare is all the rage these days, thanks to the primaries. I'd take the publicly-run NHS over the privately-run abomination in the US any day of the week. And that's after all the cuts and privatizations of the last two decades that did a horrible number on the NHS. Fuck ATOS, while we're at it.

Same for the railroad: the pre-privatization Bundesbahn in Germany was something to be proud of and an immeasurable boost of both the economy and the general standard of living.

In the mid/long run, the effects of automation and climate change-induced migration will put an end to the idea of full employment, but for the time being, there's still plenty of work to be done, plenty of idle resources to be employed, and just nobody to finance it. So why not finance it through the printing press until capacity is reached?

As for the Venezuela comparison: I don't think it fits in this case. Neither does Weimar Germany, which is paraded around quite regularly. Both Venezuela and Weimar Germany had massive supply-side problems. They didn't have the production capacity nor the resources to meet the demand they created by spending money into circulation. If an economy runs at or above its capacity, any additional spending, wherever it comes from, will cause inflation. But both Europe and the US are operating faaar below capacity in any measurable metric. You mentioned LRAS yourself. I think most estimates of it, as well as most estimates of NAIRU, are off quite significantly so as to not take the pressure off the wage slaves in the lowest income sector. You need mass unemployment to keep them in line.

As you said, the participation rate is woefully low, so there's ample space. And I'd rather overshoot and cause a short spike in inflation than remain below potential and leave millions to unneccessary misery.

Given the high level of private debt, there will be no increase in spending on that front. Corporations don't feel the need to invest, since demand is down and their own vaults are filled to the brim with cash. So if the private sector intends to net save, you either have to run a current account surplus (aka leech demand from other countries) or a fiscal deficit. Doesn't work any other way, sectoral balances always sum up to zero, by definition. If we want to reduce the dangerous levels of private debt, the government needs to run a deficit. If we don't want to further increase the federal debt, the central bank has to hand the cash over directly, without the issuance of debt through the treasury.

As for the independant central bank: you can only be independant from either the government or the private sector, not both. Actually, you can't even be truly independant from either, given that people are still involved, and people have ideologies and financial ties.

Still, if an "independant" central bank is what you prefer, Adair Turner's new book "Between Debt and the Devil" might be worth a read. He's a proponent of 100% reserve banking, and argues for the occasional use of the printing press -- though controlled by an inflation-targeting central bank. According to him, QE is pointless and in order to bring nominal demand up to the level we want, we should have a fiscal stimulus financed by central bank money. The central bank controls the amount, the government decides on what to spend it on.

Not how I would do it, but given his expertise as head of the Financial Services Authority, it's quite refreshing to hear these things from someone like him.

Snowy walkway has built-in fast lane

The Official Donald Trump Jam

The Philosophy of Rick and Morty - 8-Bit Philosophy

How to quiet a crying newborn



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