patrick.net

corntrollio says

This exists right now -- there is an environment of general growth and prosperity among Bay Area entrepreneurs. If you don't think so, you need to rethink your point.

Silicon Valley is a hot bed for venture capitalists. People from all over the world go there to seek their fortune. Just look at Apple. Started in a garage and today it practically rules the world of gadgets with its innovations.

bgamall4 says

2. They want to surround Russia and risk nuclear war.

Why?

looks like the demand side economists need the crutches of tariffs and protectionism now. there is no end to it.

bgamall4 says

I wonder if he is paid by the New World Order

I highly doubt it considering nobody has given him much credence here. Either that, or the "NWO" is sure namby-pamby at executing their strategy.

corntrollio says

but your point was specious to begin with. There are tons of entrepreneurial people doing just fine in the Bay Area.

Well, maybe less "tons" than there used to be.

I am sure you are right about your tech cohort.
In the larger world, not so much.

I never heard of demand side economics. I see the term exists though.

How about "both sides economics."

Strategist says

it practically rules the world of gadgets with its innovations.

Innovation in the World of Gadgets!
The World is Saved!

Call it Crazy says

Strategist says

How does one get on the payroll of this New World Order? They should pay me too.

You're not eligible, you're an economist, remember??

You know economists are probably the most discriminated of occupations. They get paid nothing, they are always wrong, and always full of 20/20 hindsight. And everyone thinks they are nuts.

Call it Crazy says

Strategist says

How does one get on the payroll of this New World Order? They should pay me too.

You're not eligible, you're an economist, remember??

You know economists are probably the most discriminated of occupations. They get paid nothing, they are always wrong, and always full of 20/20 hindsight. And everyone thinks they are nuts.

bgamall4 says

They should pay you. You just have to sell your soul to the devil to qualify.

When has that ever been a problem? My soul has been sold more often then the Brooklyn Bridge.

Robert Sproul says

Strategist says

it practically rules the world of gadgets with its innovations.

Innovation in the World of Gadgets!

The World is Saved!

It's like the better health through chemistry idiots of the 60's, they are all dead of Leukemia and other Cancerous horrible deaths now.

bgamall4 says

Strategist says

You know economists are probably the most discriminated of occupations. They get paid nothing, they are always wrong, and always full of 20/20 hindsight. And everyone thinks they are nuts.

They rely on models instead of reality. That means they are like lawyers, serial liars.

No, lawyers know they are serial liars. Economists don't.

bgamall4 says

They rely on models instead of reality. That means they are like lawyers, serial liars.

Not Austrians. Most use empirical data, the Austrians use a priori methods.

CaptainShuddup says

Robert Sproul says

Strategist says

it practically rules the world of gadgets with its innovations.

Innovation in the World of Gadgets!

The World is Saved!

It's like the better health through chemistry idiots of the 60's, they are all dead of Leukemia and other Cancerous horrible deaths now.

The iwatch is supposed to come out in October with a feature that will monitor your health. Please buy it.

corntrollio says

Except that that isn't true. The countries that embraced EU migrants saw booming economies, and those that didn't (excluding Germany) didn't. It was only the burst of the credit bubble that changed this, but likely only on a temporary basis. The reality is that migrants in Europe are far less likely to be on benefits than natives and are likely net contributors to pension systems.

This was true after WW2 when immigrants mostly from within (todays) EU and close neighbor countries immigrated and helped rebuild Europe. Ironically a lot of those have been absorbed into the culture and are often more "conservative" and tougher on today's immigrants than the indigenous/autochthons because they mostly bring crime and welfare bills to Europe due to complete cultural mismatch and the unwillingness to at least partially assimilate. Today's immigrants in most European countries are far more likely to be on benefits and huge net losses for the pension systems. And they do cheat the system quite often. Most 1st and 2nd generation immigrant families have nothing to do with them and don't want to.

marcus says

I never heard of demand side economics. I see the term exists though.

How about "both sides economics."

the only fix is to increase the skill level of american labor force.
thats the only way american workers can get decent money for less number of hours.

everything else is just politics...either right wing or left wing.

jkaldi1 says

the only fix is to increase the skill level of american labor force.

thats the only way american workers can get decent money for less number of hours

The fix is re balancing the trade.

bgamall4 says

Strategist says

They should pay you. You just have to sell your soul to the devil to qualify.

When has that ever been a problem? My soul has been sold more often then the Brooklyn Bridge.

I am sorry for you.

Thanks, but I don't deserve it.

I'm holding out for the next generation that will repair DNA.

bgamall4 says

he only problem with Austrians that I can see, is that they believe all depressions are the same. They don't see the difference between credit depressions and other slowdowns, or even retooling after war, like in 1921. They are kind of challenged when they promote the mumbo jumbo that credit depressions are not bad. They are bad.

What you talking about Willis?

bgamall4 says

not be a problem to have a credit crisis and let all the big banks fail at once.

Yup, damn skippy.

bgamall4 says

I am just saying that while I sympathize with them, I think the result would not be as harmless as they say.

That's cuz you don't understand Austrian economics.

Do yourself a favor and head over to the Mises institute and you will be smart like me.

Yes, but Australia was not hit that hard during the 20's. They were one of the few countries that escaped unharmed....

bgamall4 says

Austrians often cite the 1921 depression when saying that it would not be a problem to have a credit crisis and let all the big banks fail at once.

bgamall4 says

but I am convinced that at least some Austrians believe that depressions are cool.

Not cool but an absolute necessity to allow the market to clear so that there can be future growth. This is the problem we have now that the FED did not allow the big banks to fail and thus allow new businesses to grow. Think of it as a forest that requires older disease trees to fall so that sunlight and water can get to new saplings.

bgamall4 says

I would like to see the big banks dismantled, but not a total meltdown all at once.

That is a trope that Paulson and Geithner sold to everyone, TOTAL bullshit.

CaptainShuddup says

I'm holding out for the next generation that will repair DNA.

That's like the Stone Age cave men holding out for the next generation VCR.

How can I get on the payroll of the New World Order.

I feel like such a loser that nobody thinks I am worth corrupting, bribing, paying off or employing for dastardly, world conquering deeds of mayhem.

Ceffer says

How can I get on the payroll of the New World Order.

You have to suck banker dick, do you give good head?

I know, but sometimes i can't help myself....

bgamall4 says

Funny. But for the uninformed, Soft Shell, Austrian economics is libertarian economics. It isn't from Australia or Austria. :)

bgamall4 says

Hey guys, I just ran across a great website. I don't know their total opinion on NWO, but they apparently know some stuff. Jews for gun rights!!!

Interesting worth reading similar to what D’Souza is saying.

The only way demand side will work is by putting tarrifs and quotas and you don't know what. not going to happen !

Ceffer says

How can I get on the payroll of the New World Order.

I feel like such a loser that nobody thinks I am worth corrupting, bribing, paying off or employing for dastardly, world conquering deeds of mayhem.

Just become a politician. That way you get to do all of above, and still be a nice guy.

jkaldi1 says

the only fix is to increase the skill level of american labor force.

Ridiculous.

Let's say you are the best welder in your city, but you need a living wage.

Now the CEO who wants bicycle frames made, could use your great skills at welding and pay you a living wage.

Or they could have some trainees in China do a half-assed "good enough" job at near-slave wages, and ship the bikes over here, on container ships run by more low-paid wage slaves.

I think we know how that turns out. There are lots of very skilled workers here right now, who can't find a job because financiers have decided they can save a nickel here and there and pretty soon they have enough for a 3rd yacht.

Vicente says

ow the CEO who wants bicycle frames made, could use your great skills at welding and pay you a living wage.

Or they could have some trainees in China do a half-assed "good enough" job at near-slave wages, and ship the bikes over here, on container ships run by more low-paid wage slaves.

It just means that there is no demand for bicycles made by skilled welders.
but there are many products where you need high skilled workers.

especially knowledge workers.

maximum money for iphone manufacturing goes to germany not china because of the skill level of german workers.

It is all about rebalancing PERIOD you mutts need to learn about mercantilism.

Did it really require you to start another ludicrous thread simply because one additional person has decided to put you on ignore? But thanks for reposting your comments. At least now everyone can see why he finally decided to do it.

Must be one of those bible belt self hating closet cases.

He'll be in the news sooner or later for being arrested in a rest room, it seems to be a trend.

I know a lesbian couple that likes to get stoned.

A rock-paper-scissoring joke could probably be made from the situation.

You constantly blitz his threads with your Austrian nonsense, so who can blame him if he deletes your posts from time to time?

And the fact that Gary, the king of quoting posts he's deleted, is also moaning about it is just comedy gold.

Too bad WMD wasn't satire.

George Carlin:
"You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shitty jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you sooner or later cause they own this fucking place! It's a big club, and you ain’t in it! You, and I, are not in the big club.

Delusional Bush: Iraq has WMD.

bgamall4 says

Bigsby says

Did it really require you to start another ludicrous thread simply because one additional person has decided to put you on ignore? But thanks for reposting your comments. At least now everyone can see why he finally decided to do it.

Yeah, everyone can see how stupid it was for him to ignore me. He can't handle a liberal for gun rights. Check this out Bigsby: http://www.theliberalgunclub.com/

He put you on ignore (like 36 other people) because you had yet again posted one of your inane, stream of consciousness, embarrassing to a child zionist/NWO/Sandy Hook hoax excretable bits of gibberish. Presumably he'd just had enough.
And come on Gary, who exactly are you to complain about someone else deleting posts? You've got thread after thread where there are little more than your comments remaining. You delete far more than anyone on this forum, far more, so for you to complain about someone else doing it makes you a raging hypocrite.

hopefully this brings some sanity.
4 out of 5 means shit ! its the wealth per sector that matters.

and all the sectors are related. sectors don't stand in isolation.

international competition is dominant in the main sectors..the widgets and thier distribution.

http://en.wikipedia.org/wiki/Economy_of_the_United_States_by_sector#mediaviewer/File:Activity_by_us_sector_1997-2007.svg