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ant (Member Profile)

ant (Member Profile)

newtboy (Member Profile)

mintbbb says...

Thanks foro the promote!

I am sad that he is gone. Being a science student in college, I bought his book in the 80's, and then they said he'd have only a few years to live.

And then it looked like he was gonna live forever! R.I.P Mr. Hawking!

newtboy said:

Best interview ever
*promote

To make an apple pie from scratch...

To make an apple pie from scratch...

ant (Member Profile)

newtboy (Member Profile)

Automan (1983) Official Intro Sequence

Digitalfiend says...

Can't remember watching this one but it reminds me of Street Hawk. Ah the 80s...Robotech, Transformers, Knight Rider, MacGuyver, A-Team, Airwolf, Tales of the Gold Monkey, STNG...man we had it good.

the problem with too much empathy

enoch says...

@Fairbs
i agree with everything you just said,but i didn't see him make that argument.

how i hear him is that while empathy and compassion have their place,you shouldn't engage in radical empathy where it blocks out any sense of rational reason.

to a normal person who watches a hawk swoop down and brutalize a baby rabbit,we may respond with revulsion and even pity for the baby rabbit but we certainly do not view the hawk as "evil".

a person with radical empathy views all dynamics in a power structure where everyone on the bottom is the victim and everyone on top is the victimizer.

and there is danger in that because most dynamics are far more complicated and nuanced.

Hawk Raised by Eagles Is Starting to Act Like One

eric3579 (Member Profile)

radx says...

ECB Research Bulletin:

In an economy with its own fiat currency, the monetary authority and the fiscal authority can ensure that public debt denominated in the national fiat currency is non-defaultable, i.e. maturing government bonds are convertible into currency at par. With this arrangement in place, fiscal policy can focus on business cycle stabilisation when monetary policy hits the lower bound constraint. However, the fiscal authorities of the euro area countries have given up the ability to issue non-defaultable debt. As a consequence, effective macroeconomic stabilisation has been difficult to achieve.

Translation:
- all members of the eurozone effectively use a foreign currency
- they can default, because they do not and cannot issue debt in their currency
- fiscal policy has thus been completely neutered

Ergo, national parliaments have a significantly smaller policy space compared to countries with their own currency. Our parliaments intentionally surrender power to unelected technocrats, even control of the national budget, which is the primary power available to any parliament anywhere.

"Sorry, lad. We cannot pay for healthcare/pension/infrastructure/education/wages/X, we have to maintain a balanced budget to appease the market." Yet it is still illegal to call for the guillotine...

Meanwhile, Japan doesn't give a fuck. The BoJ has been vacuuming up outstanding debt like there's no tomorrow. It currently holds in excess of 40% of all government debt, effectively canceling it. It's just book-keeping. The Treasury issues the debt, the CB buys the debt. Both are part of the consolidated government sector, ergo no debt. "Hyperinflation!", they scream. Can you hear them? Except Japan has been fighting deflation for two decades, with no end in sight.

Yet the inflation-hawks are still treated as persons of authority. Flat-earthers, the lot of 'em.

And my country wants the rest of Europe to sign on to the most moronic law in German history: the "Schuldenbremse", which makes running a deficit illegal at the constitutional level (except for undefined "emergencies"). They are either a) brainwashed, b) idiots, or c) straight up evil. And I'm not sure which one I prefer.

Zawash (Member Profile)

Ricky Gervais And Colbert Go Head-To-Head On Religion

The Alabama Hammer

The Alabama Hammer



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