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Bill Maher Monologue Oct 28

MilkmanDan says...

I don't care about the timing, political motivation, etc. etc. of this discovery of new emails. I think only 2 things matter:

1) Are they real / legitimate. But with all of the previous leaks, I never saw the Clinton camp trying to suggest that anything was fabricated. Taking stuff out of context to make it appear worse than what it arguably is doesn't count count as "fabricated". As much as I dislike Clinton, I have to give her credit for dealing with the out of context stuff so far in the proper way -- fill in the context so that people can make up their own minds (like some of the Wall Street speech excerpts, "public and private position", etc.).

2) Do they show anything actually criminal, even it is relatively minor. Capone went down for tax evasion, because that was the only thing they could successfully and concretely pin on him. And yet justice was served by going forward with that.

IF (and it remains a big if) these new emails end up meeting both of those criteria, I have absolutely zero sympathy for the whining that already has and will continue to erupt from the Democrat party.

Being a candidate in a presidential election paints a giant target on you and guarantees that your past is going to be under the microscope. If you've got skeletons in your closet, there is a very high chance for them to be discovered. Trump has had a well-deserved taste of that already -- maybe it is Clinton's turn now.

Dogs Flying An Airplane

Ashenkase says...

So, I don't want to take anything away from these dogs. They are smart, extremely trainable and handle adverse environments with ease. Kudos to them for this "feat" of outer worldly doggie duties.

But lets not kid ourselves here, the dogs are NOT flying the plane. The yoke is locked and they are simply pushing down left or down right to "steer" the plain. Impressive for the likes of dog... but not flying.

Flying involves so much more than tilting the yoke. Way finding, fuel/weight calculations, the ability to take off and land, stall evasion, emergency outs, the ability to understand weather forecasts and weather patterns, etc, etc, etc.

If the pilot unlocked the yoke those dogs would have nose dived into some English ninnies garden in less time than it would have taken them to eat a treat.

Up voting for the dogs... down voting for the schmaltzy human commentary.

Why You Should NEVER Fly American Airlines

Babymech says...

Wow, that taught me two things that I'd somehow completely missed - 1) Cenk is apparently still incredibly evasive about the Armenian genocide, at least as of his Reddit AMA of 2 years ago, and 2) the origin of the name the Young Turks. I'd always completely and only assumed that it meant 'headstrong newcomers' - I didn't know shit about the Jön Türkler movement. Thanks!

bcglorf said:

Cenk WAS a denier of the Armenian genocide and wrote a paper back in his school days in which he put those beliefs to hard paper. Despite him having named his network after a group responsible in said genocide, he is quite adamant that he has changed his opinion and admits younger him was wrong.

I've not looked close enough to say if he's reformed or not, but the entirety of his personality and behaviour today is so jerkish I strongly dislike him regardless of if he's reformed from his 'worse' past.

newtboy (Member Profile)

oritteropo says...

The very first link I sent where they set up an LLC in the cat's name makes me wonder whether the anonymity might be useful for tax evasion, but I'm not really sure. I'm not an accountant Or a lawyer

newtboy said:

If you noticed, they only get to pay the lower state tax rate in Delaware, Wyoming, or Nevada. LLCs don't shield them from federal taxes like off shore shell companies do. The shell companies allow them to pretend they don't have the money at all, and pay NO federal taxes.
Some Americans have been named already, with more to come. WOO HOO!

http://www.usatoday.com/story/news/2016/04/06/panama-papers-americans-with-past-financial-crimes/82704788/

The Panama Papers, explained with piggy banks

newtboy says...

It seems like it's time to petition the white house to go after ANYONE named in the papers, and let them prove in court that they weren't really evading taxes and that they had a legitimate, legal reason to have their money there, or go to jail for tax evasion like Capone. If 95% of what they do there is tax evasion, it's reasonable to presume their customers guilty until proven innocent.
If we aren't going to prosecute these people for clearly and massively stealing from the country, then there is no rule of law and it's already Mad Max times, and the Koch brothers are really the Lord Humongous and Immortan Joe .

newtboy (Member Profile)

radx says...

Let me quote the Grauniad: "While much of the leaked material will remain private, there are compelling reasons for publishing some of the data."

Translation: no worries, chumps, we'll keep your tax evasion hidden good and proper.

Maybe WikiLeaks will come to the rescue at some point and publish the raw data.

Edit: As Craig Murray puts it, Corporate Media Gatekeepers Protect Western 1% From Panama Leak

newtboy said:

Thanks for posting, I had not heard about this scandal. There's not been word one on American news about it.
I wonder how many candidates for president are implicated.
Too bad none of our broadcasters is mentioning it, even at 3am. It seems fairly important. It's likely the owners of our media are also involved, so wish to keep it as quiet as possible.
I wish there was a simple list of clients to read.

The Most Costly Joke in History

newtboy says...

Acceleration is a big factor if you're doing any evasive maneuvering, because turning scrubs speed and you have to gain it back, preferably fast. It's not everything, but it matters.

Don't get me wrong, I do admit there are interesting, possibly unique, even useful features of the F-35, I just don't see any need for it, and certainly not at the price. When was the last time an American was shot down in a jet fighter?

My main issue with this plane is that it's sold as a replacement to nearly ALL other planes, which it had to be because of it's price tag. It doesn't do most of it's 'jobs' as well as the planes it replaces, is incredibly more expensive than they are, and they weren't in need of replacement in the first place, so why did we have this $1.3 trillion poorly performing jobs program for the aerospace industry during an economic crisis? We had much better things to spend that money on, and killing this plane project would not make us a whit less safe or ready.

Nice, I like that idea, a swarm of jammer drones to eliminate all electronic advantages. I'll put your name in the hat for the evil super genius prize this year.

Agreed, the 1 on 1 fighting scenario is not the plan anymore. That doesn't mean it never happens though, or won't ever happen in the future, and as Americans we want/expect to win every single time.

transmorpher said:

The F-35 can fly both faster, and slower than the F-16, and longer at high angles of attack that would stall most planes. It although can't out accelerate the F-16 though since F-35 is heavier. But having the best acceleration isn't really a factor in modern air combat, where missiles are being thrown at each other from any between 20-100+km's range. As long as you can accelerate good enough, which being a fighter plane it can.

The F-35's afterburner-less supersonic speed is more important in a BVR(beyond visual range) engagement, since that's what allows you to put more distance between you and an enemy missile. The idea being that you fly perpendicular to a missile making it cover more ground and it runs out of fuel and speed so it falls out of the sky before it can reach you. Of course to lock onto a stealth plane you'd need to be quite close in the first place, by which time it would have shot you down, at least that's the theory.

If it comes to a close range scenario, say enemy AWACS manages to detect the F-35s, and direct a bunch of enemy fighters through a set of mountains to sneak up on the F-35s. And a visual range or even dog fight ensues. Then the F-35 would use a short range missile that can turn 90+ degrees and shoot behind itself . Which no other plane can do since all of the sensors are forward facing on all other planes.

But you're of course right, there is always eventually going to be a way of countering the stealth advantage, it's an arms race after all. Most likely it will be countered by some kind of cheap jamming drone swarming, which would make the F-35s sensors useless, and missiles too few, forcing the engagements to happen at shorter ranges.


------------------

What I mean by dog fighting is a one on one engagement where each plane is trying to furiously out maneuver the other. That is a rare occurrence. There is a WW2 era video that explains the tactics used that make the one on one style dog fighting obsolete. https://youtu.be/C_iW1T3yg80?t=530

The planes have a system where as soon as one plane is engage by an enemy, then your wingman, or a spare clean up squadron comes and mops it up, since the enemy makes it self an easy target when engaging a friendly.

I Give My Money To Millionaires And Dont Give A Fuck About U

eric3579 says...

I don't give to the Big Issue Seller
'Cause he's probably on heroin
I walk past him with a grin
And if I can, I kick his dog

No I don't give to the busker
He's talentless and lazy
He's ruining the country
I think he should get a job

Instead I give my money to:
Walmart, for its tax evasion
Primark, for its child labour
Texaco for the next invasion
Don't give a fuck about you

Give my money to the millionaires
Give my money to the millionaires
Give all my money to the millionaires
And I don't give a fuck about you

No, I don't give to the beggar
That's what I pay my taxes for
The government should shove him through the door
Of a prison cell, or a hospital

I don't give to the homeless pisshead
He'll blow it all on booze instead
Such a waster doesn't deserve a bed
What do you mean welfare is dead?

Because I give my money to:
Walmart, for its tax evasion
Primark, for its child labour
Texaco for the next invasion
Don't give a fuck about you

Give my money to the millionaires
Give my money to the millionaires
Give all my money to the millionaires
And I don't give a fuck about you

Give my money to:
Starbucks, in case they get hard up
BP, 'cause making living ain't easy
Barclays, do they look after me?
And I don't give a fuck about you

Give my money to the millionaires
Give my money to the millionaires
Give all my money to the millionaires
And I don't give a fuck about you

oritteropo (Member Profile)

radx says...

Haven't seen this one in circulation yet:

Dear Chancellor Merkel,

The never-ending austerity that Europe is force-feeding the Greek people is simply not working. Now Greece has loudly said no more.

As most of the world knew it would, austerity has crushed the Greek economy, led to mass unemployment, a collapse of the banking system, made the external debt crisis far worse, with the debt problem escalating to an unpayable 175% of GDP. The economy now lies broken with tax receipts nose-diving, output and employment depressed, and businesses starved of capital.

The humanitarian impact has been colossal – 40% of children now live in poverty, infant mortality is sky-rocketing and youth unemployment is close to 50%. Corruption, tax evasion and bad accounting by previous Greek governments helped create the debt problem. But the series of so-called adjustment programs has served only to make a Great Depression the likes of which have been unseen in Europe since 1929-1933. The medicine prescribed by the German Finance Ministry and Brussels has bled the patient, not cured the disease.

Together we urge you to lead Europe to a course correction before it is too late for Greece and for the Eurozone. Right now, the Greek government is being asked to put a gun to its head and pull the trigger. Sadly, the bullet will not only kill off Greece’s future in Europe. The collateral damage will kill the Eurozone as a beacon of hope, prosperity, and democracy, and could lead to far-reaching economic consequences across the world.

In the 1950s Europe was founded on the forgiveness of past debts, notably Germany’s, which generated a massive contribution to post-war economic growth, peace, and democracy. Today we need to restructure and reduce Greek debt, give the economy breathing room to recover, and allow Greece to pay off a reduced burden of debt over a long period of time. Now is the time for a humane rethink of the punitive and failed programme of austerity of recent years and to agree to a major reduction of Greece’s debts in conjunction with much needed reforms in Greece.

We urge you to take this vital action of leadership for Greece and Germany, and also for the world. History will remember you for your actions this week. We expect and count on you to provide the bold and generous steps towards Greece that will serve Europe for generations to come.

Yours sincerely,

Heiner Flassbeck, former State Secretary in the German Federal Ministry of Finance;

Thomas Piketty, Professor of Economics at the Paris School of Economics;

Jeffrey D. Sachs, Professor of Sustainable Development, Professor of Health Policy and Management, and Director of the Earth Institute at Columbia University;

Dani Rodrik, Albert O. Hirschman Professor of Social Sciences at the Institute for Advanced Study in Princeton;

Simon Wren-Lewis, Professor of economics, Blavatnik School of Government, Oxford University

Greek/Euro Crisis Explained

radx says...

Keynes and others made the same argument against the Treaty of Versailles. You mentioned how that turned out.

Folks did in fact learn from that mistake, but after everything is said and done, it was the Soviet expansion that made the case. Germany was the frontier and to turn it into some shithole or even a failed state would have made it worthless in the struggle against Soviet expansion. Germany was expected to a) keep them in check, and b) serve as a prime example of how much better life is within the realm of capitalism. If it hadn't been for T-34s in Berlin, I'm not entirely sure we would have been treated as favourably as we were.

In any case, even after much of the debt was written off, the remaining payments were stretched out over decades, so as to not be too much of a drain on the economic development of the country.

Still, it's not the same with Greece. We only torched half the continent, but they dodged their taxes. That's a million times worse, it seems.

While we're on the subject of tax evasion: Luxembourg alone accounts for about €20b-€30b a year of lost tax revenue in Germany. Yap, the tax system implemented by none other than troika member Jean-Claude Juncker is more of a drain on the public budget in Germany than Greece could ever be.

dannym3141 said:

b) European countries agreed to forget large portions of Germany's debts, because back then we seemed to know that is was pointless to wreck a country and cause untold misery, pain and death to the residents all in the name of profiting off them.

Kitty heaven

AeroMechanical says...

I've often wondered what it that makes cats find boxes and bags so compelling. It must be some instinctive thing, but the only thing I can think of is wanting to dive into a rabbit hole or a rat hole to get at the treats inside. Mine generally seem to be in wiggly-haunches attack mode when diving into a paper bag, but I suppose it could be defensive evasive thing too. Or then again, maybe the Egyptians were just really good at animal husbandry and bread them to be self packing for when it came time to move or to be entombed with their owner.

Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh

radx says...

@RedSky

Selling assets and, to a certain degree, the reduction of public employment is an unreasonable demand. There's too much controversy about the effects it has, with me being clearly biased to one side.

Privatisation of essential services (healthcare, public transport, electricity, water) is being opposed or even undone in significant parts of Europe, since it generally came with worse service at much higher costs and no accountability whatsoever. Therefore I see it as very reasonable for Syriza to stop the privatisation of their electricity grid and their railroad. There are, of course, unessentials that might be handed over to the private sector, but like Varoufakis said, not in the shape of a fire sale within a crisis. That'll only profit the usual scavengers, not the people.

Similarly, public employment. There's good public employment (essential services, administration) and "bad" public employment. Troika demands included the firing of cleaning personnel, who were replaced by a significantly more expensive private service. And a Greek court decision ruled the firing as flat out illegal. For Syriza to not hire them back would not only have been unreasonable financially as well as socially, it would have been a violation of a court order. Same for thousands of others who were fired illegally, according to a ruling by the Greek Supreme Court.

Troika demands are all too often against Greek or even European law, and while the previous governments were fine with being criminals, Syriza might actually be inclined to uphold the law.


On the issue of reforms, I would argue that the previous governments did bugger all to establish working institutions. Famously, the posts of department heads of the tax collection agency were auctioned for money, even under the last government. Everything is in shambles, with no intent of changing anything that would have undermined the nepotic rules of the five families. Syriza's program has been very clear about the changes they plan to institute, so if it really was the intent of the troika to see meaningful reform the way it is being advocated to their folks at home, they would be in support of Syriza.

Interventions by the troika have crashed the health care system, the educational system and the pension system. Public pension funds were practically wiped out during the first haircut in 2012, creating a hole of about 20 billion Euros in the next five years.

I would like to address the issue of taxation specifically. Luxembourg adopted as a business model to be an enabler of tax evasion, even worse than Switzerland. In charge at that time was none other than Jean-Claude Juncker, who was just elected President of the European Commission. He's directly involved in tax evasion on a scale of hundreds of billions of Euros every year. How is the troika to have any credibility in this matter with him in charge?

Similarly, German politicians are particularly vocal about corruption and bribery in Greece. Well, who are the biggest sources of bribery in Greece? German corporations. Just last week there was another report of a major German arms manufacturer who paid outrageous bribes to officials in Greece. As much as I support the fight against corruption and bribery, some humility would suit them well.


As for the GDP growth in Greece: I think it's a fluke. The deflation skewers the numbers to a point where I can't take them seriously until the complete dataset is available. Might be growth, might not be. Definatly not enough to fight off a humanitarian crisis.

Surpluses. If everyone was a zealous as Germany, the deficit would in fact be considerably narrower, which is a good thing. Unfortunatly, it would have been a race to the bottom. Germany could only suppress wage growth, and subsequently domestic demand, so radically, because the other members of the Eurozone were eager to expand. They ran higher-than-average growth, which allowed Germany to undercut them without going into deflation. Nowadays, Germany still has below-target wage growth, so the only way for Greece, Spain, Portugal and Italy to gain competetiveness against Germany is to go into deflation. That's where we are in Europe: half a continent in deflation. With all its side effects of mass unemployment (11%+ in Europe, after lots of trickery), falling demand, falling investment, etc. Not good. Keynes' idea of an International Clearing Union might work better, especially since we already use similar concepts within nations to balance regions.

Bond yields of Germany could not have spiked at the same time as those of the rest of the Eurozone. The legal requirements for pension funds, insurance funds, etc demand a high percentage of safe bonds, and when the peripheral countries were declared unsafe, they had nowhere to go but Germany. Also, a bet against France is quite a risk, but a bet against Germany is downright foolish. Still, supply of safe bonds is tight right now, given the cuts all over the place. French yields are at historic lows, German yield is negative. Even Italian and Spanish yields were in the green as soon as Draghi said the ECB would do whatever it takes.

The current spike in Greek yields strikes me as a bet that there will be a face-off between the troika and Greece, with very few positive outcomes for the Greek economy in the short run.

QE: 100% agreement. Fistful of cash to citizens would not have solved any of the core issues of the Eurozone (highly unequal ULCs, systemic tax evasion, tax competition/undercutting, no European institutions, etc), but it would have been infinitely better than anything they did. If they were to put it on the table right now as a means to combat deflation, I'd say go for it. Take the helicopters airborne, as long as it's bottom-up and not trickle-down. Though to reliably increase inflation there would have to be widescale increases in wages. Not going to happen. Maybe if Podemos wins in Spain later his year.

Same for the last paragraph. The ECB could have stuffed the EIB to the brim, which in return could have funded highly beneficial and much needed projects, like a proper European electricity grid. Won't happen though. Debt is bad, even monetised debt during a deflation used purely for investments.

Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh

RedSky says...

Nothing is good about this situation and there is no reason to think this will end in anything but Greek default.

Greece's government, elected by its citizens ran up a large and unsustainable debt which was masked by easy credit before the GFC and fraudulent accounting.

There were many contributors. Corruption, hugely wasteful state owned enterprises, joining the euro zone before they were ready to lose the ability to devalue their currency and lower interest rates, and flagrant tax evasion.

But as a country they're collectively responsible for not demanding the necessary reforms of their politicians to ensure they were not vulnerable to a credit crisis when the GFC hit and lenders began to look more scrupulously at individual European countries rather than Europe as a whole. Equally, Italy is responsible for voting Berlusconi into power for every year their economy recorded negative growth under his government. Spain is responsible for not providing sufficient oversight to bad bank lending leading a huge indebting bailout package.

Some of Syriza's reforms are reasonable. Tackling corruption and trying to break up oligopolies are worthy ideas, but they are unlikely to be easy and yield any immediate benefit. Raising the minimum wage and planning to hire back state workers as they have already promised will almost guarantee they will cease to receive EU funding/ECB assistance and later IMF funding.

The simple truth from the point of view of Germany and other austerity backing Nordic countries is if they buy their loans (and in effect transfer money to Greece) without austerity stipulations, there will be no pressure or guarantee that structural reforms that allow Greece to function independently will ever be implemented. These lender government and by extension its people have no interest in transferring wealth to Greece if it stalls its reforms.

Yes fire sales of state owned enterprises suck but the likely alternative at this point if the Troika lending is stopped is that all other lending stops and Greece defaults. At that point there would be mass loss of state sector jobs and sky-rocketing unemployment relative to what is now being experienced. It would take years of reform for the Greek government to be lend-worthy again. There is simply no trust for any alternative to austerity on the part of north Europe.

Currently Greece has reported positive growth in the past quarter and excluding debt repayments is running a budget surplus. Realistically, yes they cannot pay back the 180% of GDP. The likely way forward is after several more years of real reform they (+ Spain & Portugal) would get better terms from the EU as politically, leaders in Germany and elsewhere will be able to make the case that their objective has been achieved.

The ECB's QE package is in some ways already part of this. What I guarantee won't happen is electing Syriza to oppose bailout terms helping to secure that. Germany et al will quite rightly see that if they acquiesce to Greece they will encourage other populist parties in Spain, Portugal, Italy and France and stall reforms.

Could Germany and others in theory provide a huge cash infusion to Greece, Spain and Portugal now? Sure. And those parties would be voted out in the next election and the terms reversed. Even with the relative stinginess of current loan terms, the likes of UKIP and the National Front with their anti-EU stance, have gained political standing in the EU parliament and will likely see huge boosts in upcoming domestic elections.

Bilderberg Member "Double-Speaks" to Protestors

Trancecoach says...

Some people love their rulers. That's why they submit to them with such enthusiasm. But then we have the growing number of those who don't like the current situation very much. And, at a different level, you have the Samsoms and the Thiels...

It's not surprising, then, to see how Samsom pretty much lies (or, is at least being evasive to the point of being misleading) about the fact that the Dutch monarchy being merely "symbolic." Far from it!

chingalera said:

Missing a bigger picture here are we?

Verbatim: What Is a Photocopier?

ChaosEngine says...

@artician, the law is essentially a complex solution to a complex problem.

The video was hilarious, but it really needed more context. I wanted to know who the guy was being interviewed, and why he was so evasive about photocopiers!



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