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TX law & tattoos

StukaFox says...

Cool! Does this mean you Red-State parasites will stop leeching off all our yummy Blue-State money? Plz say yes!

TangledThorns said:

Exactly. Liberals don't get it, they want every state to be like New York or California even if they already live in those failed states.

Viral How Much Did Your Divorce Cost

scheherazade says...

"What on earth are you talking about?"
-newt

The rules for property and income when one or both parties decide they no longer want to be in the relationship.




"not having a marriage means you almost certainly will pay for them for 18+ years but won't have many rights to be in their lives"
-newt

Incorrect. If you are on birth certificate, you have the same rights and obligations.
The only pitfalls are that :
- Child support is calculated from the income of the parent with less custody (rather than from the true cost of raising a child).
- Women almost always get custody if the choice is between two parents (like when they live far apart and child can only be at one or the other).



"and may lose your rights to any assets if she grabs first"
-newt

Negative. Co-parenting does not conflate property.

Shared assets when not married are divided either by percentage of purchase price contribution, or by percentage stated in a contract.




"My brother paid well over a hundred thousand dollars for his divorce in Texas"
-newt

"My brother won."
-newt

Won by your own definition. Hence I congratulate.




"You assume women take off time to raise the kids"
-newt

No assumptions. Although afaik they still do it more often.




"You start from a false position that men work both harder and better, but you have no data to back that up. "
-newt

Top result from a zero effort google of "men working hours vs women working hours"

https://towardsdatascience.com/is-the-difference-in-work-hours-the-real-reason-for-the-gender-wage-gap-interactive-infographic-6051dff3a041




"Um...so since you admit many women outearn men and the trend reinforces that"
-newt

I admit that women [as a group] under 35 out earn men under 35 because of preferential admittance (such as to higher education) and preferential hiring (such as to managerial positions).

I did not say that women earn more in the same position for the same hours worked. Young men are simply getting shut out of opportunities, so their incomes are lower. As by design.

It does however highlight how affirmative action is being poorly controlled.
The target statistic is based on overall population at all ages.
The adjustment is skewed to younger ages (school admission is typically for younger people).
So the system is trying to balance out incomes of older men by trimming up incomes of younger women, with no accounting for the effects on younger men or consequences of older men retiring.
The situation is doomed to overshoot with time.

A natural result is the popularity of people like Jordan Peterson, with messages like : "Young men, nobody will help you, stop waiting for someone to help you, stop lamenting your situation, you gotta pull yourself up by your boot straps. Start by cleaning your room, then go make something of yourself".






"Bullshit. You said you would immediately dismiss any woman who has...
"Long dating history? Too much risk[etc]" -scheherazade "
-newt

Straw man argument.

You know I stated that those marriageability criteria exist specifically due to risk of consequences of divorce.

I never stated that I have personal issues with those attributes.
I have dated women on that list. I didn't /marry/ them.

My only criteria for a relationship that I am happy being in is :
- We are mutually attracted
- We like each other
- We are nice to each other
I don't care what your religion is, your politics, your family status, whatever. It's all just noise to me.





" And again, prenuptial. Do you not know what they are?"
-newt

Prenups can be negated by these simple words :

"I did not understand what I was signing"
or
"My lawyer was not present".

Poof. Prenup thrown out.




"their husbands are more likely to break their vows first"
-newt

A woman to cheat needs a willing man (easy)
A man to cheat needs a willing woman (hard)

Times have changed. Online dating made chatting someone up in person and make an impression uncommon, and even considered creepy/unusual. Now people are picked on their online profile based on looks/height/social-media-game.

Dating apps and sites publish their statistics. Nowadays, around 20% of men match with around 80% of women.
Most men aren't having sex. Most men can't find a match to cheat with if they wanted to.

The tall cute photogenic guys are cleaning up.
The 20% of men that match the bulk of women are going through women like a mill. They will smash whatever bored housewife crosses their path.

A 2 second google result :
https://usustatesman.com/economics-of-dating-2-the-brutal-reality-of-dating-apps/




"Women don't like men that believe wholeheartedly that all women are just lessers, leeches"
-newt

Agreed.

Fortunately, I never say that about women.






" you can't grasp that a codified, delineated, agreed to partnership is almost always better, more fulfilling, and has many benefits cohabitation lacks"
-newt

False equivalence.

Cohabitation and Partnership are mutually independent.
Meaning both can exist at the same time.


-scheherazade

newtboy said:

What on earth are you talking about?
Do you believe the government dictates your vows? What "rules"? You just cannot grasp the concept of no fault divorce or prenuptial, can you?

I guess you never planned on kids or shared assets. If you do, not having a marriage means you almost certainly will pay for them for 18+ years but won't have many rights to be in their lives, and may lose your rights to any assets if she grabs first. Uncle Sam is in your relationship, married or not....without a marriage contract, he makes ALL the rules and you have no say.

My brother paid well over a hundred thousand dollars for his divorce in Texas that in my state would have cost under $10K and you congratulate him? You are one strange person.

Again, your perception, not based in fact since the 60's. You assume women take off time to raise the kids and take care of parents and assume fathers don't take paternity leave or have obligations outside work. How 50's. You start from a false position that men work both harder and better, but you have no data to back that up. It certainly hasn't been my experience, I've seen women in the workplace working harder and longer for less pay, sacrificing just like their male counterparts if not more, putting off having families until it's too late while men can have kids long after normal retirement age, putting themselves in dangerous situations where those with power over them have opportunities to abuse that power and abuse those women in ways that rarely happen to men. These aren't exceptions, they're the norm.

Um...so since you admit many women outearn men and the trend reinforces that, meaning soon women in most catagories will out earn men and have more to lose, you admit you're wrong in your position now, right? Of course not, I expect you will still start from a point that hasn't been correct since the era and sexual revolution, early 70's at latest.

No, many of the studies I've seen compared people in the same exact positions in the same industries, even same companies, and women consistently get paid less for the exact same job and hours, and women rarely work less today, and just as often out work their male counterparts knowing they are often token hires not valued by the bosses so have less job security. If I recall correctly, 80% of job losses due to Covid were women, and the men are getting rehired faster. I think you are thinking of some studies from the 80's that made those assumptions and accusations. Comparing apples to apples, women still get shortchanged and as often as not overworked.

Bullshit. You said you would immediately dismiss any woman who has...
"Long dating history? Too much risk
Tends to have short relationships? Too much risk
Likes attention? Too much risk
Single mother (non-widow)? Too much risk
Any mental issues (depression, bipolar, narcissist, anxiety, etc)? Too much risk
Older (why you still single...)? Too much risk
Likes to party? Too much risk
Drinks? Too much risk"

And again, prenuptial. Do you not know what they are? Specify what you expect and agree, and you walk with exactly what you agreed to, no government rules or split involved. Geez. You speak as if you had never heard of them.

Most divorces may be initiated by the woman (if that's true, I expect it's just another assumption) because their husbands are more likely to break their vows first, but are not willing to pay to end the marriage, including penalties for breaking the marriage contract, and we're too dumb to get a prenuptial (or got one that spells out harsh penalties for cheating). Yes, I am assuming men cheat on their spouses more often than the reverse, because men are wired that way.

You are not more likely than not to face a divorce, because it's unlikely any woman meeting your criteria would give you a second thought, and you need to get married to get divorced.

I bet if you show your significant other this thread your 20 year relationship will be in big trouble, or at best enter a long dry dark spell. Women don't like men that believe wholeheartedly that all women are just lessers, leeches that take more than they deserve or even could give back and destroy you whenever they think it serves them. It's probably a good thing you aren't married.

Laws and family court aren't as you describe. Maybe when you enter the 21st century you'll recognize that. The rules of your marriage can be whatever you agree to, including the specifics of the split if it ends.

It's a sad thing you can't grasp that a codified, delineated, agreed to partnership is almost always better, more fulfilling, and has many benefits cohabitation lacks.....almost always unless one or both of you are total douchebags.

Viral How Much Did Your Divorce Cost

newtboy says...

What on earth are you talking about?
Do you believe the government dictates your vows? What "rules"? You just cannot grasp the concept of no fault divorce or prenuptial, can you?

I guess you never planned on kids or shared assets. If you do, not having a marriage means you almost certainly will pay for them for 18+ years but won't have many rights to be in their lives, and may lose your rights to any assets if she grabs first. Uncle Sam is in your relationship, married or not....without a marriage contract, he makes ALL the rules and you have no say.

My brother paid well over a hundred thousand dollars for his divorce in Texas that in my state would have cost under $10K and you congratulate him? You are one strange person.

Again, your perception, not based in fact since the 60's. You assume women take off time to raise the kids and take care of parents and assume fathers don't take paternity leave or have obligations outside work. How 50's. You start from a false position that men work both harder and better, but you have no data to back that up. It certainly hasn't been my experience, I've seen women in the workplace working harder and longer for less pay, sacrificing just like their male counterparts if not more, putting off having families until it's too late while men can have kids long after normal retirement age, putting themselves in dangerous situations where those with power over them have opportunities to abuse that power and abuse those women in ways that rarely happen to men. These aren't exceptions, they're the norm.

Um...so since you admit many women outearn men and the trend reinforces that, meaning soon women in most catagories will out earn men and have more to lose, you admit you're wrong in your position now, right? Of course not, I expect you will still start from a point that hasn't been correct since the era and sexual revolution, early 70's at latest.

No, many of the studies I've seen compared people in the same exact positions in the same industries, even same companies, and women consistently get paid less for the exact same job and hours, and women rarely work less today, and just as often out work their male counterparts knowing they are often token hires not valued by the bosses so have less job security. If I recall correctly, 80% of job losses due to Covid were women, and the men are getting rehired faster. I think you are thinking of some studies from the 80's that made those assumptions and accusations. Comparing apples to apples, women still get shortchanged and as often as not overworked.

Bullshit. You said you would immediately dismiss any woman who has...
"Long dating history? Too much risk
Tends to have short relationships? Too much risk
Likes attention? Too much risk
Single mother (non-widow)? Too much risk
Any mental issues (depression, bipolar, narcissist, anxiety, etc)? Too much risk
Older (why you still single...)? Too much risk
Likes to party? Too much risk
Drinks? Too much risk"

And again, prenuptial. Do you not know what they are? Specify what you expect and agree, and you walk with exactly what you agreed to, no government rules or split involved. Geez. You speak as if you had never heard of them.

Most divorces may be initiated by the woman (if that's true, I expect it's just another assumption) because their husbands are more likely to break their vows first, but are not willing to pay to end the marriage, including penalties for breaking the marriage contract, and we're too dumb to get a prenuptial (or got one that spells out harsh penalties for cheating). Yes, I am assuming men cheat on their spouses more often than the reverse, because men are wired that way.

You are not more likely than not to face a divorce, because it's unlikely any woman meeting your criteria would give you a second thought, and you need to get married to get divorced.

I bet if you show your significant other this thread your 20 year relationship will be in big trouble, or at best enter a long dry dark spell. Women don't like men that believe wholeheartedly that all women are just lessers, leeches that take more than they deserve or even could give back and destroy you whenever they think it serves them. It's probably a good thing you aren't married.

Laws and family court aren't as you describe. Maybe when you enter the 21st century you'll recognize that. The rules of your marriage can be whatever you agree to, including the specifics of the split if it ends.

It's a sad thing you can't grasp that a codified, delineated, agreed to partnership is almost always better, more fulfilling, and has many benefits cohabitation lacks.....almost always unless one or both of you are total douchebags.

scheherazade said:

You are projecting.

Marriage takes the honesty away from a relationship.
It's no longer me and you.
It's me and you and uncle sam.
I want *consensual* relations where me and my partner set our rules, not some 3rd party, and not when the rules are stacked against me.

^

Viral How Much Did Your Divorce Cost

newtboy says...

What a ridiculously narcissistic misogynistic viewpoint.

I feel so sorry for your wife, who I imagine you must jab at constantly for making you such a constant and complete loser. She must feel so loved and appreciated, knowing how you feel, that she's nothing but a leech on your life, only taking never giving....in fact giving you nothing while taking from you...everything.- Leonidas

My marriage is nearing 23 years. It was a definite win win for me, and my wife seems to feel the same. We've both carried the other in hard times, and as importantly enjoyed the good times together as a team.

The fact that you've only attracted women with nothing to lose and nothing to offer says a lot more about you than it does about women.

bobknight33 said:

Marriage is a win win for the woman.

Lose Lose for the man.

Woman have nothing to lose. Men lose everything.

Could Earth's Heat Solve Our Energy Problems?

newtboy says...

The 1mSv per year is the max the employees at the dump/recycling plant can be exposed to, so leeching more than that into public water systems seems impossible unless I'm missing something. This comes mainly from solid scale deposits removed from the closed loop systems.
Average employees in German plants seemed to get around 3 mSv/yr on their table.

At Fukushima, According to TEPCO records, the average workers’ effective dose over the first 19 months after the accident was about 12 mSv. About 35% of the workforce received total doses of more than 10 mSv over that period, while 0.7% of the workforce received doses of more than 100 mSv.
The 10mSv was the estimated average exposure for those who evacuated immediately, not the area. Because iodine 131 has a half life of 8 days, the local exposure levels dropped rapidly, but because caesium-137 has a half life of 30 years, contaminated areas will be "hot" for quite a while, and are still off limits as I understand it.

Sort of...., most of the area surrounding Chernobyl is just above background levels after major decontamination including removal of all soil, but many areas closer to the plant are still being measured at well above safe levels to this day, and unapproachable, while others may be visited only with monitoring equipment, dose meters, and only for short times. It's not back to background levels everywhere, with measurements up to 336uSv/hr recorded in enclosed areas and abandoned recovery equipment (the claw used to dig at the reactor for instance)....no where near that low at the plant itself. Places like the nearby cemetery which couldn't have the contamination removed still measure higher than maximum occupational limits for adults working with radioactive material. The radiation levels in the worst-hit areas of the reactor building, including the control room, have been estimated at 300Sv/hr, (300,000mSv/hr) providing a fatal dose in just over a minute.
http://www.chernobylgallery.com/chernobyl-disaster/radiation-levels/

Don't get me wrong, I support nuclear power. I just don't believe in pretending it's "safe". That's how Chernobyl happened....overconfidence and irresponsibility. If we consider it unacceptably disastrous if it goes wrong, we might design plants that can't go wrong...The tech exists.

Spacedog79 said:

You'd be surprised.

Geothermal try to keep public exposure to less than 1 mSv per year.

https://www.researchgate.net/publication/283106142_Natural_radionuclides_in_deep_geothermal_heat_and_power_plants_of_Germany

Living near a Nuclear Power station will get you about 0.00009 mSv/year.

Living in Fukushima will get you about 10 mSv in a lifetime, with life expectancy there at about 84 years that is 0.177 mSv/year.

https://www.who.int/ionizing_radiation/a_e/fukushima/faqs-fukushima/en/

Even Chernobyl is almost entirely background radiation now. Radiation is all scaremongering and misinformation these days, so people freak out about it but it really isn't that dangerous. It takes about 100 mSv a year to have even the slightest statistically detectable health effect and far more than that to actually kill someone.

MST3K: Attack Of The Giant Leeches - Daring Rescue

Burger King | Whopper Neutrality

Aftermath November 2016

enoch says...

@Stormsinger

i can agree with the intent of your comment but i think it ignores a far greater,and possibly more dangerous facet of this current election cycle.

look,
when the DNC began it's political play to nudge sanders out,and was changing the rules of application to keep laurence lessig off the ballot.it became obvious (to me anyways) that clinton was tagged for the run,and the DNC was attempting to steal sanders thunder,which was shockingly impressive,and redirect it to boost clinton.

but the DNC had failed to successfully execute this plan because they didn't understand the true nature of those sanders supporters.so their plan backfired.

the RNC did almost the EXACT same thing with trump.they hated the man,wanted nothing to do with him,but they saw how powerful his campaign was picking up steam and they attempted to play the long con.for a year they allowed trump to do and say whatever he wanted,with little rebuttal or regard.they watched as trump got bigger,and bolder,and more brash.they watched his numbers climb consistently..and they waited.and after a year,they attempted to step in and steal trumps thunder by offering a more "reasonable" candidate.

ok ok...enough with the trump.
you want cruz?...nope.
how about ben carson? he is a sweet guy and BLACK....nope.
marco rubio?he is spanish with immigrant parents...nope
john kasich?...nope

because the RNC didn't get it either.they too,attempted to steal trumps thunder and their plan backfired.

liberals didnt get it.
conservatives didnt get it.
corporate media didnt get it.
political pundits,who get PAID to get it,didnt get it.
pollsters didnt get it.
suzy mcprettyface who reads the teleprompter didnt get it.

but the americans who lived in those dead midwestern towns got it.they may not understand neoliberalism,but they could see the effects by the boarded up stores,closed banks and the only jobs to have were the night shift at the one fast food joint left in the entire town.

these are the very same people who may not fully comprehend what the bank bailouts meant,or how austerity affected them,but they understood that the biggest industry in their town was no longer coal,or steel,or fishing but production of meth.they saw small shops close and crumble under the weight of a walmart superstore,and chains of pill mills.

they watched as construction jobs dried up,and private prisons expanded.there are some towns in texas and florida that literally survive on the incarceration of other americans.so they may not have fully understood that the "war on drugs" is actually a war on people,but they certainly could see the after-effects.

and these people were being told..everyday..that the economy was doing great.
that unemployment was at an all time low.
that the american dream was still attainable.
and at the very same time they were also being told that if you were on food stamps you were a loser,and a leech.
that if you lost your home it was YOUR fault.
that if you couldnt find a job you were lazy.
and if you DID happen to find a job,but it paid minimum,well then you should have gone to college or made better choices.

and since when did it become a virtue to exploit the hopeless and the desperate? to take advantage of someones misfortune and pay them pennies to do a job,but god forbid someone actually demands what they feel they are worth,because then you are accused of being a rip off artist!

when did THIS tactic become and american ideology?

and that really is the core nugget of this tale.
the ideology of america.
the amercian dream.
it was dead,and those people finally got it.
and there is NOTHING more fanatical or zealous than a defeated idealist.

so you can judge them for voting trump,but i think we should also understand WHY they voted for trump.

chris hedges wrote a truthdig piece that is far more eloquent and illuminating than anything i could ever put to paper.

http://www.truthdig.com/report/item/we_are_all_deplorables_20161120

What if the World went Vegetarian?

transmorpher says...

Go vegan instead https://www.youtube.com/watch?v=Y9nNa81dSoY
IT'S EASY! Just take a few weeks to get informed, don't jump into it. Read the books suggested below.

Vegetarian is a nice thing to do, but it should be really be only a stepping stone on your path to fully plant based diet. Plant foods are hearty delicious foods like pizza, burgers, lentil shepherds pies, pastas. You just swap out one or two ingredients that are from an animal origin, add more spices/herbs and you have a filling & healthy meal. You can stuff your face, and lose weight, lose the type 2 diabetes and heart disease as well. It's win win.

What many vegetarians don't know is that the milk and dairy industries are often more cruel, than farms that just use animals for meat, and often they are also intertwined. For example, for a cow to produce milk, it must be pregnant. Where do all of the offspring go? Veal if they are male. Or they become milking cows if they are female - destined to be constantly impregnated for their short 4-5 year lives until they die of exhaustion, or can no longer produce milk from exhaustion, and turned then eventually into meat. There are plenty of videos online where a cow gives birth and the calf is dragged away by it's hind legs. They both cry out to each other for days until they're voices give out.
Also cows milk GIVES people osteoporosis because it siphons out calcium from your bones, since it is so acidic. If you measure the amount of calcium in a glass of milk, let someone drink it, and then measure the calcium in their urine, then the urine contains more calcium than what went in. And it's being leeched from the bones.

It's a similar story for chickens. Male chicks get thrown into a grinder ALIVE. Because they're no use if they can't lay eggs.


The toxic waste produced the by milk and egg industries (animal poo etc) destroys environments.

The antibiotics used to keep all of those animals of course ends up in the environment and it will eventually make a super bug which medicine cannot kill.

The job loss portion seems silly, since anyone farming animals is capable of farming plants like rice, potatoes, wheat and grains etc. Those are some seriously nutrient and energy dense foods, and very efficiently produced, and very healthy. Carbs have just gotten a bad reputation thanks the Atkins people. And well we know that Atkins died of a heart attack, he had a history of heart attacks infact. He died overweight.

It is much easier just to go "cold turkey" for 3 or 4 weeks, and become completely plant based since it means your taste buds will adjust and you'll never crave animal products again. Everyone wins, the planet, your health both physical and mental, and of course the animals.

There are plenty off great books with recipes that are familiar and hearty that can help people get started, it's easier than you think. Books such as:
The Starch Solution, Dr. John McDougall.
Negative Calorie Effect, Dr Neal Barnard.
Power Foods for the Brain, Dr Neal Barnard.
Engine #2 Diet, Rip Esselstyn.

Last Week Tonight with John Oliver: Abortion Laws

mentality says...

I look at ultrasounds too. While I understand the sentiment of wanting to show that it's not just a lump of tissue, and it's certainly not a lie, it is also completely unnecessary. The government forcing you to do this is a violation of your rights.

Also, withdrawal of support is not the same as murdering. Even if you believe a fetus is alive and deserves the same protections as any human being, a woman should still have the rights for an abortion. The ethical arguments is thus:

If in some hypothetical situation, an adult human such as yourself, became completely dependent on my body to survive, your right to life does not trump my rights to my body. You cannot force yourself to leech off of my body for the next 9 months. I have the right to refuse you and let you die. It may not be a nice thing to do, and should be avoided whenever possible, but it is my right.

It is strange to me when conservatives who support small government and individual rights (including those who support laws like stand your ground, which lets you kill another human being), does not understand this concept.

Also promoting abstinence has been proven to be ineffective compared to education about birth control.

bobknight33 said:

@VoodooV

I guess you don't look at Ultrasounds. I see them every day.

GOV just want the mother to see that it is not a lump of tissue,which it isn't. A picture is worth a thousand words and watching a life in real time in a womb is not telling a lie to a patient.

I agree these are just roadblocks to slow down the murdering.

A better solution to this quagmire is to promote abstinence.

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.

Undocumented Immigrant Who Works in a Trump Hotel Speaks Out

Jinx says...

Remember kids, if you had the skill and determination to be born in America then you have earned the right for a job!

ps. fuck those entitled welfare leeches taking all our work!

It's certainly a complex economic issue that I won't pretend to have any deep understanding of, I just think the jingoism stinks something awful.

Reservoir No. 2 - Shade Balls

Fairbs says...

I admit this is something I know little about so I have a couple of questions if you don't mind... There seems to be a concern about what reusable water bottles are made of. So you're supposed to use a certain type or the plastic (and this may be the wrong term) leeches into your water and then I don't know exactly what, but you probably die some horrible death maybe like in the toxic avenger. So one question is... Is that true (or maybe a less exaggerated version)? The second one I think you may have answered is... Are these injection molded? I can't comprehend how these would be made. I think I need a How it's Made to wrap my mind around this. Thanks.

bremnet said:

Plastic particles? Leeching? You've obviously drank the Kool Aid. Over time if the polymer (in this case polyethylene) degrades and becomes reduced in physical size, sure you get little pieces of plastic. Plastic particles don't leech from molded plastic parts, like these balls, as they are formed while the polymer is in a homogeneous continuous melt.

Reservoir No. 2 - Shade Balls

bremnet says...

Plastic particles? Leeching? You've obviously drank the Kool Aid. Over time if the polymer (in this case polyethylene) degrades and becomes reduced in physical size, sure you get little pieces of plastic. Plastic particles don't leech from molded plastic parts, like these balls, as they are formed while the polymer is in a homogeneous continuous melt.

Fairbs said:

I saw this on the news last night and kept thinking about plastic particles from the balls themselves leeching into the water over time.

Reservoir No. 2 - Shade Balls

Fairbs says...

I saw this on the news last night and kept thinking about plastic particles from the balls themselves leeching into the water over time.

AeroMechanical said:

I assume this has all been thought out and tested, but I'm imagining these balls with a thin coating of water adhering to their surfaces, which quickly evaporates as the black balls heat in the sunlight and then turning over to replenish their coating and repeating the process forever possibly making things worse.



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