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Bill Maher: Who Needs Guns?

scheherazade says...

That, or they simply wanted to be clear about why the rule is of utmost importance - to preserve a public capacity.

In any case, in the end it made it into the constitution - most supreme law we have. "[Because reasons ...] right of the people to keep and bear Arms, shall not be infringed."

They could have put in the bi-yearly training requirements right there. But they decided not to. They just left it at that. That description given by Hamilton is close to what eventually got to paper. Whether he was for or against it, ok (I searched for a quote that was along those lines, I could be thinking of a different guy). My understanding was that he didn't like any ideas. Military can be abused to impose tyranny, militia can be unmotivated and misbehaved (unless hyperbole).


I thought it was that paper, but I can't find it as I scan through, I thought he (or someone else?) wanted a subset of individuals trained in military arts, that could organize and direct militias should conflict arise, to take the burden of military-level training off of citizens.

-scheherazade

newtboy said:

Note that the only reason to include the "motivation" at all is for it to be used to interpret the "rule".

"to be under arms for the purpose of going through military exercises and evolutions (read evaluations), as often as might be necessary to acquire the degree of perfection which would entitle them to the character of a well-regulated militia"

So even those dissenting were fairly clear that to be "well regulated" in the popular parlance of the day requires training and at least twice yearly evaluations....and for that, regulations governing and delineating that training and evaluating.
Hamilton was dissenting, saying 1) that in his opinion EVERY citizen would be in the militia 2) that making that militia 'well regulated' was too much of a burden if it fell on every citizen and 3) that he thinks gun owners should have to assemble twice a year (at least) to prove that they are properly armed and equipped (and tested for basic proficiency), NOT be forced to be "well regulated" which would mean MORE training and testing than only twice a year. SO, if you used his more lax criteria (and we don't) there would be bi-yearly proficiency testing and firearm inspections for EVERY gun owner. I think people would LOVE that to be the case, but his idea didn't rule the day, so it's not law.

Bill Maher: Who Needs Guns?

newtboy says...

I have never heard of a case where simple indigence, or inability to "manage one's own financial affairs" was enough to remove their firearms....indeed, not managing one's financial affairs doesn't seem to be what the law intends or specifically says. Managing one's "affairs" is not the same as being good with money. Maybe it's been misused that way, but not that I've heard of, and that's not the kind of thing the NRA usually keeps quiet about. Lacking the mental capacity to contract or manage one's own affairs is completely different from being unable to pay your bills, and seems to require a mental evaluation to prove you aren't even lucid enough to hire someone to manage them for you. That is FAR from just being poor, it's being mental to the point where you can't even tell that you're poor or ask for help managing your finances....and I agree, if you are that far from lucid, you should not have deadly weapons of any kind.


OK, as I said, training makes ACCIDENTAL MISUSE of firearms LESS likely, not impossible, but more important, it lends credence to any charges because ignorance can't be an excuse for misuse if you've been trained.

I also don't know stats on accidental discharge, accidental misuse, intentional misuse, and intentional (but improper) discharge. I must think that improperly securing the weapon is one of the major root causes of accidents, because then completely untrained people (usually kids, but not always) get hold of them and misuse them.

Bill Maher: Who Needs Guns?

scheherazade says...

18 USC 922 :
- Is a danger to himself or others
- Lacks mental capacity to contract or manage his own affairs
- Is found insane by a court in a criminal case
- Is found incompetent to stand trial, or not guilty by lack of mental responsibility pursuant to articles 50a [blah blah blah]

The second line item is what applies to persons assigned a fiduciary due to a failure to manage their financial affairs (which is often elderly people).
This is why gun rights groups are crying about new measures to link medicare to the background check system.

But generally, yes, you have to do something to demonstrate that you're mental, in order to be found mental.

Gun registration is not required to know who has guns. The background check tells LEO which dealer ran it and about who. They go to the dealer and acquire the sale forms (retained at dealer by law) regarding that person.

The purpose of registration is not to know who has guns - that part is already known. Registration makes it a legal requirement to demonstrate custody. If you can't present a registered firearm, you're a criminal. Hence you have no ability to hide a registered firearm, because the act of hiding it sends you to jail. A large subset of gun owners have firearms strictly for "SHTF" (shit hits the fan). They squirrel them away with some food, and have them 'just in case' the world goes tits up. That's the segment of gun owners that drive against gun registration. They don't want their emergency kit confiscated by the government during a disaster (like happened during Katrina), and they don't want to go to jail for hiding it either.

In general, personally, I have nothing against training.
Ironically, AFAIK, LEO are the biggest offenders when it comes to accidental discharge (which makes sense, given that they point guns at people more often than regular folk, so their accidents are deadlier.).
(Police also commit [non-police-work-related] murder at a rate 8 x that of the general population.)
Training is an easy low hanging fruit to grab on to when looking for 'something to do [legislatively]', but in practice it isn't as significant as people would imagine. People that like to shoot will be well practiced, and are overall safe. Folks that bury their guns in a closet for emergencies won't be well practiced, but won't normally be in a position of opportunity to make mistakes.
Folks that legally concealed carry (hence are managing a firearm throughout the day) require a license that requires training in order to acquire. Granted, it's really not a hard test. It's driver's ed level proficiency. Just enough so you know which end to point where, you know what the controls do, and can hit a target inside of a required accuracy.
I honestly don't know the most common causes of accidental discharge - but I would assume that most are gonna be split between flubbing it with a holster (butter fingers), or forgetting to eject a chambered round after removing a magazine (derping out).

-scheherazade

newtboy said:

Kind of....but not as you describe.
Folks are already disqualified only if they have been found by the courts to be dangerously mentally defective after testing by a professional. That's a much bigger hurdle to leap than simply BEING defective, a hurdle that rarely is leaped.
You don't have to lie or hide anything if you've never been tested by a professional and deemed dangerous. Most mental defectives have not had that happen.
Guns MAY be confiscated after one is deemed legally dangerously mentally defective AND that determination is forwarded to the police AND they have the time and manpower to do something about it. That usually only happens when the person is already being prosecuted for some crime, they are found by the court to be dangerous to themselves and/or others, AND their guns are registered.

I have no idea where you got this idea that the law says indigence=criminally insane....it simply does not. Some elderly are having their firearms taken when they are put on welfare because they have dementia and can't manage their funds, but that's not what you said. It may be true that those forced by financial pressures to live in government run homes are not allowed to bring their firearms there, but again, that's not what you said.
The state does not move in and forcibly 'financially manage' the indigent in the US just because they're poor. Ever. If they did, we would not have a growing homeless population.

There are so many loopholes to 'compulsory service' that it's not compulsory at all, nor is it likely to ever be used again. Massive numbers of untrained soldiers is no longer a positive on the battlefield.

Being well trained in the proper use of firearms inhibits accidental misuse of firearms AND makes one reasonably 100% liable for their misuse if they ignore their training. If you were never trained what's proper and what's not, it makes it easy to misuse them and to then claim ignorance to avoid or mitigate liability for your actions.

-Newt

Samantha Bee on Orlando - Again? Again.

harlequinn says...

You can own an AR15 in NZ.

You can have high capacity magazines in NZ.

It is a popular 3-gun competition and hunting firearm.

"but our average annual firearm homicide rate for the last 30 years or so is ~0.2 deaths per 100k people."

Yet you still allow ownership of these items, and still have murder rates by firearm (and in general) lower than most of the world.

NZ's laws work because they stop criminal and crazy people from owning these items.

Australia banned semi auto rifles of all types and high capacity magazines outright (except for some very exceptional circumstances) yet our firearm homicide rate (and general murder rate) is on average worse than NZ's.

One can allow these items to be owned, they just need to be the right people (you already alluded to that).

Forget about the old armed populace vs tyrannical government trope. Unless you want to admit that there would be a civil war at that point (large amounts of the armed forces would revolt, military weapons in hand, against attacking their own families).

ChaosEngine said:

Slippery slope fallacy.
"If we allow gays to marry, what's next? Can I marry my dog?"

No-one is talking about banning guns. I wouldn't support that myself. I have friends who are hunters and target shooters.

But be reasonable; you can have a gun for target shooting or hunting or even "home defence" (if you're really that paranoid), but you don't need an AR-15 or anything with a high capacity magazine and it's not unreasonable to make sure that people who own guns aren't complete nutjobs.

NZ is in the top 15% of gun ownership rates per capita (22 guns per 100 people), but our average annual firearm homicide rate for the last 30 years or so is ~0.2 deaths per 100k people.

Compare that to the USA. The US tops the chart of gun ownership with 112 guns per 100 people. So the gun ownership rate is 5 times that of NZ, but the average annual firearm homicide rate is 4 deaths per 100k people. That's 20 times the number of murders. Even if you allow for the higher gun ownership rate, you're still 4 times worse than NZ.

And the difference is simple: we have sensible gun ownership laws.

I saw a great post the other day.
"The conservative mind:
Abortions? BAN THEM!
Gay Marriage? BAN IT!
Marijuana? BAN IT!
Guns? eh, banning things never works"

But hey, you're gonna need those guns for when Donary Trumpton ushers in a tyrannical dictatorship. Good luck with that; let me know how you get on with an AR-15 versus a predator drone.

Samantha Bee on Orlando - Again? Again.

Mordhaus says...

I agree that the restriction on the CDC shouldn't be happening.

As far as the limitation of what type of weapons we can have, I'm fine with the system in place. Civilians can own machine guns if they get the proper papers and tax stamp. If we want to classify semi auto rifles in the same class, sure. We can even go back to the Assault Rifle ban if we need to. I just don't see it stopping mass shootings, but that's my opinion.

As far as AR-15's specifically go, they aren't what I would consider to be the best weapon to kill people. At short range and with the shorter barrels most of the civilian ones have, the bullet isn't close to being as effective as a handgun. A Glock 22 has a 15+1 round capacity in a .40 caliber. Carrying 2 of them, firing one empty and then the other (not at the same time), assuming you are remotely able to aim, would net you far more DRT people than a 30 round .223 rifle. Tuck one under your arm, swap clips, release the slide catch, repeat for the second, and you are ready to go. Heck, even a pump or semi auto shotgun with the limiter tube removed and using buckshot is likely to get you more dead people.

RFlagg said:

The fact the gun lobby won't let the CDC do it's job and collect data on gun violence just shows how insane political right is.

Then the right is blaming ISIS... the idiot pledged allegiance to ISIS and Hezbollah, even though they are enemies of each other. He clearly just had an issue with gays, and was using faith as an excuse. Most of the mass shootings in the US aren't done by Muslims in an act of terrorism, they are done by crazy people who have unfiltered access to guns.

I'd be fine if we don't close the gun show loophole or don't ban people from buying assault weapons, for now, so long as we first at least let the CDC get back to doing its job and collect data on gun violence. Then explore it in a few years of data collection to see what measures would be helpful. The fact the right refuses to let that happen must tell you that they know what the data will show, that some loopholes need closed.

And yes, if you are on the federal no flight list (and I haven't seen that this shooter was on such a list, just investigated twice), then you should certainly be delayed in getting a gun. That should be a huge red flag. You should then be told why you were denied and then have a right to argue for the right to own a gun and/or get off the no flight list. It should be a clear process to make such an application, and shouldn't require a lawyer. But odds are that most people on the no fly list aren't there for search history, or library records, but most are on the no fly list undoubtedly for far better reasons.

I'll fight to retain the right for most Americans to own a gun. Both a hand gun for personal home defense, and hunting rifles and the like. However if you are in a situation that requires an AR-15 to defend yourself, you are way over your head.... and don't give me some bull shit about protecting yourself from the government, remember how well having even more powerful weapons and training did for the people in Waco. Where do people who argue that those should be sold without restriction want to draw the line (and to be clear, I'm not arguing against the right to own one necessarily, but I am against buying it without restrictions, for a smaller wait time than it would take to buy a handgun)? Do we let people buy a bazooka? A surface to air missile launcher? A nuclear bomb? Where do you draw the line on putting restrictions, or at least a wait time on weapons of mass harm?

Samantha Bee on Orlando - Again? Again.

ChaosEngine says...

Slippery slope fallacy.
"If we allow gays to marry, what's next? Can I marry my dog?"

No-one is talking about banning guns. I wouldn't support that myself. I have friends who are hunters and target shooters.

But be reasonable; you can have a gun for target shooting or hunting or even "home defence" (if you're really that paranoid), but you don't need an AR-15 or anything with a high capacity magazine and it's not unreasonable to make sure that people who own guns aren't complete nutjobs.

NZ is in the top 15% of gun ownership rates per capita (22 guns per 100 people), but our average annual firearm homicide rate for the last 30 years or so is ~0.2 deaths per 100k people.

Compare that to the USA. The US tops the chart of gun ownership with 112 guns per 100 people. So the gun ownership rate is 5 times that of NZ, but the average annual firearm homicide rate is 4 deaths per 100k people. That's 20 times the number of murders. Even if you allow for the higher gun ownership rate, you're still 4 times worse than NZ.

And the difference is simple: we have sensible gun ownership laws.

I saw a great post the other day.
"The conservative mind:
Abortions? BAN THEM!
Gay Marriage? BAN IT!
Marijuana? BAN IT!
Guns? eh, banning things never works"

But hey, you're gonna need those guns for when Donary Trumpton ushers in a tyrannical dictatorship. Good luck with that; let me know how you get on with an AR-15 versus a predator drone.

Mordhaus said:

That is not the point. Government works a certain way and rarely is it in the favor of individual liberties. We knee jerked after 9/11 and created the Patriot Act, you know, the set of rules that gave us torture, drone strikes/raids into sovereign nations without their permission, and the NSA checking everything.

If you ban people from one of their constitutional rights because they end up on a government watchlist, then you have set a precedent for further banning. Then next we can torture people in lieu of the 5th amendment because they are on a watchlist (oh wait, we sorta already did that to a couple of us citizens in Guantanamo). The FBI fucked up and removed this guy from surveillance, even though he had ample terrorist cred. That shouldn't have happened, but should we lose our freedom because of their screw up?

Samantha Bee on Orlando - Again? Again.

Mordhaus says...

It doesn't work like that. What you end up with is something akin to Australia's gun laws, which 'technically' still allow certain people to own guns, realistically most won't or can't

Category A: Rimfire rifles (not semi-automatic), circuit loaded firearms. shotguns (not pump-action or semi-automatic), air rifles including semi automatic, and paintball gun. A "Genuine Reason" must be provided for a Category A firearm. [AKA, you have to prove you have a reason to own these weapons. Newsflash, the majority of police will automatically deny you. Oh yeah, for a PAINTBALL gun as well.]

Category B: Centrefire rifles including bolt action, pump action, circuit loaded, and lever action (not semi-automatic), muzzleloading firearms made after 1 January 1901. [Same as Cat A, must have a 'genuine reason' to own one, be registered, have a fee, ton of other limitations, so basically hard to own]

Category C: Pump-action or self-loading shotguns having a magazine capacity of 5 or fewer rounds and semi automatic rimfire rifles. [Only Primary producers, farm workers, firearm dealers, firearm safety officers, collectors and clay target shooters can own functional Category C firearms.]

Category D: Self-loading centrefire rifles, pump-action or self-loading shotguns have a magazine capacity of more than 5 rounds. [Functional Category D firearms are restricted to government agencies, occupational shooters and primary producers in some states. Collectors may own deactivated Category D firearms.]

Category H: Handguns including air pistols and deactivated handguns. [This class is available to target shooters and certain security guards whose job requires possession of a firearm. To be eligible for a Category H firearm, a target shooter must serve a probationary period of 6 months using club handguns, after which they may apply for a permit. A minimum number of matches yearly to retain each category of handgun and be a paid-up member of an approved pistol club. Target shooters are limited to handguns of .38 or 9mm calibre or less and magazines may hold a maximum of 10 rounds. Participants in certain "approved" pistol competitions may acquire handguns up to .45", currently Single Action Shooting and Metallic Silhouette. IPSC shooting is approved for 9mm/.38/.357 sig, handguns that meet the IPSC rules, larger calibres such as .45 were approved for IPSC handgun shooting contests in Australia in 2014. Barrels must be at least 100mm (3.94") long for revolvers, and 120mm (4.72") for semi-automatic pistols unless the pistols are clearly ISSF target pistols; magazines are restricted to 10 rounds.]

Category R/E: Restricted weapons, such as machine guns, rocket launchers, full automatic self loading rifles, flame-throwers, anti-tank guns, howitzers and other artillery weapons [Obviously this class is right out...]

You can own some muzzleloading weapons without restrictions, although percussion cap pistols are restricted. In addition to these minor rules, all guns must be secured in a safe or other similar location, all must be fully registered so that the government knows the location of every single weapon/owner, and you can't sell them to another person, only to a dealer or the law to be destroyed.

After a few years of de-fanging and getting the citizens used to not having weapons, the Australian government and law enforcement routinely quietly hold gun buybacks to persuade more people to give up their weapons. They also do amnesty turn ins now and then.

So, that is the AMAZING suite of laws Australia put in place to stop mass shootings. Forgive me if, when combined, those type of laws would basically neuter the 2nd amendment. We've already neutered the 1st with 'hate speech' and the ability to sue over getting your feelings hurt. The 4th has been steadily under attack, because GOOD citizens shouldn't mind if the government rummages through everything you own or do. We haven't messed with the 5th amendment too much, so we could look at that next, maybe allow torture of everyone for confessions.

I'm getting tired of listing points, so let me just say this. I am incredibly sorry that people died, they shouldn't have and it is an utter shame. However, we are already fighting on a daily basis to keep a facsimile of the rights that were fought for when we built this country. Watering them down further only helps our government tighten the bonds of enslavement upon us. I can't agree with that.

kir_mokum said:

no single regulation is going to stop the shootings but a collection of regulations/laws/policies can definitely help and the right collection of regulations/laws/policies could very well stop these shootings. doing nothing or repealing regulations/laws/policies is clearly not working and those policy makers should have been able to figure that out by the time the thought had finished running through their minds.

Elon Musk Explains Why We're Probably Living In A Video Game

RedSky says...

So, because it's possible, it's highly likely? We have the nuclear capacity to destroy the world several times over but we haven't done it.

If Meat Eaters Acted Like Vegans

Mordhaus says...

Let's be realistic, most of the work our war planes do has collateral damage. We don't simply use them on 'the bad guys', but again that is a simplification to allow you moral latitude.

Non-smokers are no better than smokers, I know since I used to be a smoker. Just because I decided that I no longer wanted to smoke doesn't mean I feel the need to go up to someone smoking and start telling them how much better I am that I quit. Again, I'm not any better of a person than they are, I just chose to do something different. That is one of the things you can't seem to grasp, because you continue to say that morally you are more good than someone who does not practice a vegan lifestyle. You aren't.

As far as the functional capacity for feelings, of course animals feel pain, it is a stimuli that helps in their survival instinct. That instinct is what drives them to avoid pain because it means they might not survive. It doesn't mean that they have the logical thought capacity to relate pain to more than an instinctual response. I am pretty sure that no pig ever felt pain and said to itself, I feel pain therefore I exist as a being, they felt the pain and instinct told them to get away from it. Plants even have stimuli that they will respond to in order to grow or try to avoid damaging forces, but they aren't self-aware. Neither are animals until you get to a certain level of intelligence, like dolphins or great apes.

I grew up in the country, I have seen first hand and used my hands in regards to the butchery you speak of. Never once have I had a pig who had seen another be slaughtered do anything that would give me the belief that they were responding in any other fashion than a "shit, flight time since I might be next" natural instinct that is in all prey animals. Factory farms may not be totally humane, and that should be reformed, but all they are doing in the end is killing prey animals on a much larger scale than I did growing up.

transmorpher said:

The warplane is designed to kill, but who is it killing - is it killing an evil dictator in order to save innocents? It might be on a peace keeping mission to discourage any killing. If it the warplane is killing only people who would otherwise be killing the innocent, then it's a tool used for good, it's saving more lives than it's taking, and more importantly it's saving lives that are more important to maintaining a civilized society.
I'd even say that it would be less moral to not build the warplane and let innocents die through inaction, when the consequences are well known.

Even further down the chain, killing isn't inherently bad, there are plenty justifiable reasons to kill someone.

It's the same with veganism -making choices which are less harmful, not necessarily perfect.


Non smokers are definitely way better people than smokers. Especially given that 2nd and even 3rd hand smoke causes cancer. Even if smoking only harmed the smoker, it's still a strange idea to be harming yourself. Perhaps they lack the appreciation of how lucky they are to be alive. I mean the odds of being born are like winning the lotto, let alone being born healthy, being born in this day and age, in a civilized country, being born to the dominate species, being born on the only planet that seems to have developed life. Some people have rough starts to life, but harming themselves isn't going to make it better, just shorter.


I agree that everyone is capable of making good moral stances, you've obviously drawn the line somewhere (otherwise you'd be going all Genghis Khan on everyone). But where the line is drawn is tends to be influenced a lot by misleading information and lack of information. And that makes it very hard to make logically sound choices. It's even harder when in order to understand the real impact means having to watch footage of animal cruelty. Most people find it confronting and uncomfortable at best, so it's easier to put it away, not think about it and continue consuming.

I know most people are moral, but if they don't act on it, it doesn't mean much to the puppies being strayed in the eyes with chemicals, or to the piglets being slammed into the concrete floor for the crime of being born male.


Regardless of how you categorize it, analyze it, or philosophize it, this always remains true: Animals feel and respond to pain, they will do their best to avoid suffering, and they have a will to live.

Three Teen Girls Drowned as Cops Stand By and Do Nothing

newtboy says...

OK, 2 things we do know for certain....
1)they came out publicly claiming that "deputies took off their belts and tried to rush into the water to save the girls." but "didn't get far".
2) we know they didn't enter the water at all, and made absolutely zero attempt to save the screaming girls (unless you count loitering around until the screaming stopped before considering even calling for a tractor as some kind of attempt to save them...I don't).

Had #1 been true and the officers had actually had trouble reaching the car, or getting the girls out, fine. It was in no way true, though. In fact, we hear them discussing the screaming girls and waiting around until "they're done" before even considering any action.

You are welcome to your own opinion about that, but TRYING to save people from drowning is one of the things we pay first responders to do. When they completely, intentionally, and unequivocally shirk that duty (and the lie is proof that they knew it was wrong), and people die, that's murder...they have a DUTY to try. When they lie about it in an official capacity, that should be compounding special circumstances and get them a needle.

Jinx said:

As I said, I don't know what happened, but yeah, this "murderous pigs chase teenagers into 4ft of water and drown them" thing seems a tad extreme. I'm not saying that it isn't possible they are culpable in some way, I just can't make any determination about it from this dashcam/audio alone.

And yeah, if they were my family I probably would think differently about it - but then if they were family I wouldn't be allowed to sit on the jury, so, yah.

Florida Governor Rick Scott Gets Served

Mordhaus says...

I would say that, as Governor, if he is out mingling with the public it is in an official capacity. He has guards, lackeys, and others that could have ran in and got the coffee if he didn't want to be exposed to praise (or criticism).

It may also have been the only venue available, ever, to that lady to say something to him. She could have protested outside his offices or complained via email, but those things are easily ignored. Now if she had thrown something or attacked him, I would say it wasn't appropriate.

ChaosEngine said:

While I agree with almost everything she said, unless he was there in an "official" capacity, I don't think starbucks is an appropriate venue to harass him over it.

But if he's just trying to get an overpriced terrible coffee, then he has a right to do so without people shouting at him.

Florida Governor Rick Scott Gets Served

ChaosEngine says...

While I agree with almost everything she said, unless he was there in an "official" capacity, I don't think starbucks is an appropriate venue to harass him over it.

But if he's just trying to get an overpriced terrible coffee, then he has a right to do so without people shouting at him.

ahimsa (Member Profile)

ahimsa says...

part 2
Saliva
CARNIVORE: No digestive enzymes
OMNIVORE: No digestive enzymes
HERBIVORE: Carbohydrate digesting enzymes
HUMAN: Carbohydrate digesting enzymes

Stomach Type
CARNIVORE: Simple
OMNIVORE: Simple
HERBIVORE: Simple or multiple chambers
HUMAN: Simple

Stomach Acidity
CARNIVORE: Less than or equal to pH 1 with food in stomach
OMNIVORE: Less than or equal to pH 1 with food in stomach
HERBIVORE: pH 4 to 5 with food in stomach
HUMAN: pH 4 to 5 with food in stomach

Stomach Capacity
CARNIVORE: 60% to 70% of total volume of digestive tract
OMNIVORE: 60% to 70% of total volume of digestive tract
HERBIVORE: Less than 30% of total volume of digestive tract
HUMAN: 21% to 27% of total volume of digestive tract

Length of Small Intestine
CARNIVORE: 3 to 6 times body length
OMNIVORE: 4 to 6 times body length
HERBIVORE: 10 to more than 12 times body length
HUMAN: 10 to 11 times body length

Colon
CARNIVORE: Simple, short and smooth
OMNIVORE: Simple, short and smooth
HERBIVORE: Long, complex; may be sacculated
HUMAN: Long, sacculated

Liver
CARNIVORE: Can detoxify vitamin A
OMNIVORE: Can detoxify vitamin A
HERBIVORE: Cannot detoxify vitamin A
HUMAN: Cannot detoxify vitamin A

Kidney
CARNIVORE: Extremely concentrated urine
OMNIVORE: Extremely concentrated urine
HERBIVORE: Moderately concentrated urine
HUMAN: Moderately concentrated urine

Nails
CARNIVORE: Sharp claws
OMNIVORE: Sharp claws
HERBIVORE: Flattened nails or blunt hooves
HUMAN: Flattened nails

whale.to/a/comp.html

Stephanie Kelton: Understanding Deficits in a Modern Economy

radx says...

Well, cheers for sticking with it anyway, I really appreciate it.

It's a one hour talk on the deficit in particular, and most of what she says is based on MMT principles that would add another 5 hours to her talk if she were to explain them. With neoclassical economics, you can sort of jump right in, given how they are taught at schools and regurgitated by talking heads and politicians, day in and day out. MMT runs contrary to many pieces of "common sense" and since you can't really give 10 hour talks everytime, this is what you end up with – bits and pieces that require previous knowledge.

I'd offer talks by other MMT proponents such as William Mitchell (UNSW), Randy Wray (UMKC) or Michael Hudson (UMKC), but they are even less comprehensible. Sorry. Eric Tymoigne provided a wonderful primer on banking over at NEP, but it's long and dry.

Since I'm significantly worse at explaining the basics of MMT, I'm not even going to try to "weave a narrative" and instead I'll just work my way through it, point by point.

@notarobot

"Let's address inequality by taking on debt to increase spending to help transfer money to large private corporations."

You don't have to take on debt. The US as the sole legal issuer of the Dollar can always "print more". That's what the short Greenspan clip was all about. Of course, you don't actually print Federal Reserve Notes to pay for federal expenses. It's the digital age, after all.

If the federal government were to acquire, say, ten more KC-46 from Boeing, some minion at the Treasury would give some minion at the Fed a call and say "We need $2 billion, could you arrange the transfer?" The Fed minion then proceeds to debit $2B from the Treasury's account at the Fed (Treasury General Account, TGA) and credits $2B to Boeing's account at Bank X. Plain accounting.

If TGA runs negative, there are two options. The Treasury could sell bonds, take on new debt. Or it could monetise debt by selling those bonds straight to the Fed – think Overt Monetary Financing.

The second option is the interesting one: a swap of public debt for account credits. Any interest on this debt would be transfered straight back in the TGA. It's all left pocket, right pocket, really. Both the Fed and the Treasury are part of the consolidated government.

However, running a deficit amounts to a new injection of reserves. This puts a downward pressure on the overnight interest rate (Fed Funds Rate in the US, FFR) unless it is offset by an increase in outstanding debt by the Treasury (or a draw-down of the TT&Ls, but that's minor in this case). So the sale of t-bonds is not a neccessity, it's how the Treasury supports the Fed's monetary policy by raising the FFR. If the target FFR is 0%, there's no need for the Treasury to drain reserves by selling bonds.

Additionally, you might want to sell t-bonds to provide the private sector with the ability to earn interest on a safe asset (pension funds, etc). Treasury bonds are as solid as it gets, unlike municipal bonds of Detroit or stocks of Deutsche Bank.

To quote Randy Wray: "And, indeed, treasury securities really are nothing more than a saving account at the Fed that pay more interest than do reserve deposits (bank “checking accounts”) at the Fed."

Point is: for a government that uses its own sovereign, free-floating currency, it is a political decision to take on debt to finance its deficit, not an economic neccessity.

"Weimar Republic"

I'm rather glad that you went with Weimar Germany and not Zimbabwe, because I know a lot more about the former than the latter. The very, very short version: the economy of 1920's Germany was in ruins and its vastly reduced supply capacity couldn't match the increase in nominal spending. In an economy at maximum capacity, spending increases are a bad idea, especially if meant to pay reparations.

Let's try a longer version. Your point, I assume, is that an increase in the money supply leads to (hyper-)inflation. That's Quantity Theory of Monetary 101, MV=PY. Amount of money in circulation times velocity of circulation equals average prices times real output. However, QTM works on two assumptions that are quite... questionable.

First, it assumes full employment (max output, Y is constant). Or in other terms, an economy running at full capacity. Does anyone know any economy today that is running at full capacity? I don't. In fact, I was born in '83 and in my lifetime, we haven't had full employment in any major country. Some people refer to 3% unemployment as "full employment", even though 3% unemployment in the '60s would have been referred to as "mass unemployment".

Second, it assumes a constant velocity of circulation (V is constant). That's how many times a Dollar has been "used" over a year. However, velocity was proven to be rather volatile by countless studies.

If both Y and V are constant, any increase in the money supply M would mean an increase in prices P. The only way for an economy at full capacity to compensate for increased spending would be a rationing of said spending through higher prices. Inflation goes up when demand outpaces supply, right?

But like I said, neither Y nor V are constant, so the application of this theory in this form is misleading to say the least. There's a lot of slack in every economy in the world, especially the US economy. Any increase in purchases will be met by corporations with excess capacity. They will, generally speaking, increase their market share rather than hike prices. Monopolies might not, but that's a different issue altogether.

Again, the short version: additional spending leads to increased inflation only if it cannot be met with unused capacity. Only in an economy at or near full capacity will it lead to significant inflation. And even then, excess private demand can easily be curbed: taxation.

As for the Angry Birds analogy: yeah, I'm not a fan either. But all the other talks on this topic are even worse, unfortunatly. There's only a handful of MMT economists doing these kinds of public talks and I haven't yet spotted a Neil deGrasse Tyson among them, if you know what I mean.

Slipknot on why they wear masks

newtboy says...

Understandable....but I meant I was disappointed in the video not mentioning them, not your comment.
As a group famous for being masked and gory theatrics on stage, it seemed reasonable to expect them to mention at least one of the major groups that started the genre. Maybe they do in the full version?
I was lucky enough to see GWAR in a tiny club in East Oakland in the 80's. They didn't have room for a lot of their bigger stuff, but still put on a great show in a club with at least double capacity of young punks. When it was over at about 2am, the punks spilled out into the East Oakland streets and instantly a dozen street fights broke out! What a night!

hazmat22 said:

Touche, I shouldn't have left GWAR out, although I still haven't seem them live technically. They were rained out this summer at Riot Fest and all we got was a ton of fake blood shot out over everyone and a brief glimpse of their costumes. I think their equipment was probably damaged even, it went from dry as their set started to a torrential downpour traveling horizontal in seconds.

Kiss was a little before my time, so I haven't had the urge to go see them live, although I do enjoy their music and influence.

My list was only bands I've seen live =P



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