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2   ¥   2012 Feb 10, 5:03am     ↑ like (1)   ↓ dislike   quote    

wthrfrk80 says

how do I legally immigrate to Canada or Australia?

Bring ~$500,000 with you, or if you're under ~40 have a job offer. Or go on holiday and romance some sweetie there.

(what's odd is that all 3 dollars are pretty much at parity now -- we should do currency union when we got the chance)

3   ¥   2012 Feb 10, 4:59am     ↑ like   ↓ dislike   quote    

uomo_senza_nome says

indefinite detention without trial and no habeas corpus for citizens.

those were the claims, but those claims were not true since NDAA did not change the status quo of what was already happening.

4   ¥   2012 Feb 10, 4:54am     ↑ like   ↓ dislike   quote    

uomo_senza_nome says

ROTFL, Spoken like a True American.

that was my point LOL

but I honestly can't remember why NDAA was bad.

5   ¥   2012 Feb 10, 4:53am     ↑ like   ↓ dislike (1)   quote    

Dan8267 says

Anyone who isn't frighten by that is an idiot.

LOL. Wake me up when Mr Bad Man waxes somebody the American people didn't want waxed.

On the scale of 1 to 100 robotic assassination from the sky is a 0 to me. There are massive, massive problems this country has to face, problems actually constructed by the conservatives that would get into power again should Obama lose this year.

And none of the other (R) candidates are even as moderate as Obama in this area. Paul would just put a bounty on terrorist heads and pay the mercenary corps to do our dirty business. Whoopdefucking doo improvement there.

Moral purists -- if they're even for real and not just some form of performance art or false-flag propagandizing -- are the most deluded fools on the planet. If you had half the IQ you think you do you'd be able to see the politics determining policy in this.

6   ¥   2012 Feb 10, 4:49am     ↑ like   ↓ dislike (1)   quote    

the killing of a US citizen even he was a militant Muslim are really scary.

80% of this country is OK with that.

Not scary at all to me.

The game theory with this is simple. There was no positive payoff letting this guy run around, and a massive negative payoff should any future terrorism be linked to him. We could have sent a SEAL team to capture him, but that is also probably violating his rights to the 10-20% moral purists in this country.

I disagree with the robot missile attacks from the pragmatic grounds that harming innocent people will cause blow-back -- and also from the moral grounds of the golden rule.

This case does not fall into that category.

This guy was allegedly an agent for terrorism. The American people on the whole are perfectly happy blowing up his ass.

Remind me why NDAA was bad. I've forgotten already.

7   ¥   2012 Feb 10, 4:17am     ↑ like   ↓ dislike   quote    

"Does anyone in here actually want to live in Cupertino?"

If I was working for the mothership, sure. Can't beat being an easy (non-sweating) bike ride to work vs. dealing with 85/280.

But other than that, no way. I've begun to rethink my desire to live in Los Altos, too.

Access to a Chipotle & In N Out should not drive my major life choices, LOL. I can make my own burgers and maybe I should learn how to make "barbacoa" beef too.

Instead of paying a million-plus for a $35,000 house in Los Altos my pal decided to decamp to the hills above Santa Cruz for about $200,000 less, on a lot big enough that he can't throw a rock from his house to off his property.

Trader Joe's and Costco are an easy drive away still.

Back around 2002 I was looking at buying some land up in the San Lorenzo Valley and making a similar doomstead.

But most people have to commute into town every day, and 17 / 9 is a bitch of a commute so most families are stuck in the valley. And if you're stuck in the valley, Cupertino is in the sweet spot beween the shittiness of San Jose and the enclaves closer to Stanford.

8   ¥   2012 Feb 10, 2:05am     ↑ like   ↓ dislike   quote    

bgamall4 says

The root cause of the financial crisis is the lending, and the secondary cause is the borrowing.

Maybe the root cause is the mechanism by which lenders came to acquire this money to lend.

When money disappears from a particular segment of the economy, the only way it's going to come back is via private charity, public redistributionary spending, or lending.

If we fix the flows we will kill two birds with one stone, the capital accumulation at the top and the need to borrow at the bottom.

9   ¥   2012 Feb 9, 4:47pm     ↑ like   ↓ dislike   quote    

For example, that we have a military empire, and that we can't afford it.

$900B/yr is in fact affordable. $8000 per household.

Just cut our per-capita health costs down to Canada's and we'd have that.

There's also the very good argument that it's more cost-effective to prevent wars than fight them from a position of non-intervention, like what happened in 1939-41.

Frankly, Ron Paul is a crank from front to back & top to bottom. Pretty much the standard issue libertarian ideologue more in love with the libertopia in his head than reality.

10   ¥   2012 Feb 9, 4:41pm     ↑ like   ↓ dislike   quote    

Obama is depressingly similar to Bush, except for the little fact that he's genetically half black.

Obama wasn't the grandson of a Senator or son of a President nor was he plugged into the Texas oil money mafia.

He got into Claremont & Harvard somehow, but he made his bones from there on his talents.

As for the rest, yes, people don't really think, they feel, and then they seek information to reinforce these feelings.

11   ¥   2012 Feb 9, 4:34pm     ↑ like (2)   ↓ dislike   quote    

thomas.wong1986 says

Apple has been around since the mid- 70s.

The Apple of today is an order of magnitude larger in terms of operations than the 2000s, and that was several orders of magnitude larger than the 1970s.

With all the other great stuff going on in Cupertino-Santa Clara County back then, prices didnt magicaly double-triple in a few short years.

For one, home prices did shoot up like crazy as the baby boom hit the market. My family was in El Cerrito at the time and I saw it first-hand as a kid.

But the post-Apollo & post-Vietnam spindown did put the Valley into something of a recession, from what I've come to undertand about the era.

The south bay had much more room to grow back then, both infill and overflow down the 85 and towards Milpitas.

Also, home prices haven't doubled or tripled here "in a few short years".

Per the chart above, prices have doubled from $550,000 in 1999 to $1.1M today, but the goddamn interest rate has in fact been halved since 1999.

Frankly, there are entire square miles of much nicer places to live in Fresno compared to Cupertino, eg:

so I'm not saying Cupertino is the ultimate in housing, but it is what it is -- the home of a $460B market cap company (10 years ago it was $4.6B and kinda circling the bowl after the iMac craze faded and OS X was still being fixed up), plus a suburb of the Los Altos Saratoga professional enclave axis.

I thought prices were unsupportable in 2000-2001 and I was kinda right but I hadn't banked on Greenspan letting mortgages run free 2002-2004 nor did I see the rise of GOOG and Facebook 2004-now replace the former wealth-dumping events of the dotcom era (1995-2000).

The silicon valley is turning into a club for the cashed-out. Demand is willing but the supply is weak, and that's not even getting into the alleged Chinese influx, of which I know nothing about.

12   ¥   2012 Feb 9, 4:12pm     ↑ like (2)   ↓ dislike   quote    

tdeloco says

The U.S. debt is at 100%. I'm not sure how much more we can borrow, but eventually we'll reach the limit. So let's say the GDP massively contracts for some reason. I'm not saying it will, this is only hypothetical. Then our country might not be able to make the necessary payments, thereby ending up in default.

The $10T debt we've run up is about half-owned by our trading partners who have been recycling their trade surpluses back to us to support their weak currencies.

The other half, slightly overgeneralizing more, has been borrowed from rich bastards who should have been taxed instead.

The other $5T you're counting is debt owed to gov't pension funds, $2.6T of which is social security.

The top 10% of America owns 80% of the productive assets in this country so they're good for the $2.6T they owe the SSTF -- they're going to need to start repaying ~$100B/yr pretty soon now . . .

The top 5%'s share of income has risen immensely:

and the debt take-on since then is not unrelated.

We're not Greece, we can print currency to pay our sovereign debt -- a soft default, but not a default.

We've got to turn our $600B/yr trade deficit around somehow, so maybe some soft defaulting would be a good start.

(It would be better if we could reduce our reliance on oil first though)

GDP is not going to massively contract unless something weird happens on the order of Pearl Harbor or a zombie apocalypse.

As I said, our debt is indicative of imbalances but if we reverse these imbalances we'll be OK. Unfortunately, the benefactors of these imbalances are running a pretty good propaganda operation to defend their position and We The People aren't quite able to see through the bullshit yet.

13   ¥   2012 Feb 9, 3:16pm     ↑ like   ↓ dislike (1)   quote    

uomo_senza_nome says

looks waay over extended.

Thing is, there is some uncertainty where Apple gets off this train.

Their market share in PCs is well under 10%. Like phones, Apple is perfectly happy letting the crap offerings duke it out for the bottom 80% of the market.

A doubling of Mac's market share will just bring more strength to the Apple ecosphere.

Windows appears to be going in a rather odd direction at the moment, too.

14   ¥   2012 Feb 9, 3:07pm     ↑ like   ↓ dislike (1)   quote    

thomas.wong1986 says

Why do they swarm to Cupertino and overpay.. beats me. But it wont last long.

15   ¥   2012 Feb 9, 12:20pm     ↑ like (1)   ↓ dislike (1)   quote    

"And why can't people just ignore people they don't like and leave it at that?"

ie. "Why can't I just shit all over your site as much as I want?"

16   ¥   2012 Feb 9, 12:12pm     ↑ like   ↓ dislike   quote    

I was predicting $500 by the end of the year, LOL

17   ¥   2012 Feb 9, 11:43am     ↑ like   ↓ dislike   quote    

"OMG, you mean let just anyone vote directly on laws? Like the people I'm in line with at the DMV? No way!"

The focus group I was on last week were all pretty sharp cookies. I didn't feel like the smartest guy in the room at all.

If this was a random sample of my town, I'm impressed!

18   ¥   2012 Feb 9, 11:40am     ↑ like   ↓ dislike   quote    

That's what I was thinking about on my walk today, an article that said how 80% of Americans agree with the Nintendo strategy of foreign assassinations by missile-firing robots from the sky.

Purists on the left need to understand there is twice as many people to Obama's right than to his left on this, and Obama is going to go to where the votes are.

This is bad when civil rights of a minority are sacrificed, like pandering to the majority on race or gay equal rights issues.

But here is just not a good hill for the purist to die on. NOT killing a suspected/alleged terrorist that does later on kill Americans will simply END your political career.

That was largely the logic that forced Congress to agree to take out Saddam once the Administration got a hard-on to do so. To vote against it, only to have Saddam in fact have WMDs or terrorist ties down the road would have exposed the politician to having endangered the American people, something piss-simple for a challenger to nail the incumbent with.

Votes against the war were brave votes, votes for the war were idiotic or craven, but that's the way things are.

Romney. Hahahaha.
Santorum. Hahaha.
Gingrich. LOL
Ron Paul. Heh.

19   ¥   2012 Feb 9, 11:31am     ↑ like   ↓ dislike   quote    

tdeloco says

Without inflation or a trade surplus, how is it possible to outgrow our debt?

Debt is an indicator of imbalance, but it is not a cancer per se.

For every dollar of debt there is a dollar of savings & investment.

Cancel the debt and you cancel the credit on the other side of the ledger.

One thing that struck me today is that "honest" money has no real mechanism for this kind of redistribution -- the debtors get further and further screwed until they wheel out the tumbrels or do something really stupid like elect a radical populist like Chavez to spread the wealth around forcibly.

The 19th century debate over the Bank of the United States, Greenbacks, bimetallism, was also about breaking the monopoly that hard money holders were exercising with their control of the currency.

Printing money reversed the deflation of the 1820-1910 period.

Between 1820 and 1860 the dollar increased in buying power by 40%. Between 1870 and the dollar increased by 30%.

Now, of course, between 1910 and 2010 the dollar has been inflated away to 8c worth of buying power, but much of this inflation was the price for the postwar readjustment and boom, and the 1970-1983 influx of the baby boom into the economy.

The 1970s were tough, but they would have been disastrous on a tough money economy, where access to new capital was limited to some arbitrary amount of metal we could dig up each year.

20   ¥   2012 Feb 9, 1:39am     ↑ like (2)   ↓ dislike (1)   quote    

And on top of the Chinese thing there does happen to be BIGGEST US MARKET-CAP CORPORATION ON THE PLANET (15% larger than Exxon right now) totally based there, and building its new mothership on the eastern fringe of Cupertino.

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