POLITICAL: Too big to fail?

Tuesday, July 12, 2011

http://lewrockwell.com/margolis/margolis249.html

Banks Should Die for Their Countries, Not Countries for Their Banks
by Eric Margolis

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Greece is using the same scare-tactics that the supposedly too-big-to-fail insolvent US banks employed in 2008: “if I go down, I’ll take everyone with me.”

In this case, it’s Europe’s big banks. Three big French banks, BNP, Crédit Agricole, Société Général, hold large chunks of Greece’s debt. If Greece defaults, goes the hue and cry, French, German, Swiss, and Belgian banks may crash.

Here we go again. Politicians have allowed the banking industry not only to grow larger than manufacturing, notably in the United States where the top five banks control 40% of all deposits, but to become so powerful, over-extended, and risky they are a danger to itself and the public.

Bankers who invested in Greek debt or US subprime mortgages were greedy fools and should be fired, not rescued.

*** end quote ***

Seems logical to me “2big2fail” is “2big2be”.

Only politicians and bureaucrats don’t seem to see the concept.

Nature only allows an efficient size.

“We, The Sheeple” need to update our paradigms and memes.

# – # – # – # – # 2011-Jul-12 @ 07:54


MONEY: Pensions are an attractive pot of money

Monday, January 10, 2011

http://washingtonexaminer.com/blogs/beltway-confidential/2011/01/europe-starts-confiscating-private-pension-funds#ixzz1A4bDsXPq

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The article goes on to detail other pension grabs in Bulgaria, Poland, France and Ireland. Obviously, this is a cautionary tale for America. If fiscal austerity becomes a real issue in the U.S. the way that it’s been reaching critical mass in Europe — don’t think that U.S. lawmakers regard your either your personal wealth or money they might owe you as sacrosanct. Government has a habit of looking out for itself.

*** end quote ***

Too arms! To arms! Bad ideas have a way of flowing over “the pond”. Where will politicians find a lot of quick easy money? Sure, your retirement! And, the politicians and bureaucrats only have to strong arm about 2200 “custodians”. Who happen to be the very people that were “bailed out” with taxpayer money last year. So how much of a bonus did you get, Taxpayer? Mine must have gotten lost in the mail. I’d suggest that everyone take keyboard to hand and share this story. Then, get to your congress critter with a stern warning — keep your mitts off my retirement! Argh!!!

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POLITICAL: Government schools

Sunday, January 9, 2011

http://wiki.freetalklive.com/Main_Page

Welcome to the Free Talk Live Wiki, the libertarian wiki where almost anything goes.
2,322 articles in English

Government schools

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201101021958.jpg

Some libertarians have the radical idea that parents should actually be responsible for making sure their children are educated. It worked before the twentieth century, and literacy rates were actually higher than they are today. Such people are a threat to all reason and civility, saying parents should be responsible for their children, and should be rounded up and placed into camps until further notice.

*** end quote ***

I’d like to see the Separation of State and School!

During the tax revolt in New Jersey in the 80’s, I pitch a 40 year plan — two twenty years plans in succession. First, get the Gooferment out of the operation in 20 years. Second, get the Gooferment out of funding in 20 years. It’s baby steps, but it moves in clear distinct steps.

We can’t go from the current system to zero without a transition time. People need time to adjust and learn.

Argh!

But, we can’t even do that!

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SOFTWARE: Mac App Store; any “app store”, the implications are scary!

Friday, January 7, 2011

201101061227.jpg

The MacAppStore opened Thursday. I, of course, checked in. And, downloaded some free applications.

After the experience, I’m not so sure I like this.

Maybe my tin foil hat is on too tight, but it seems that the whole concept puts the App Store “vendor” in complete control of what you can get.

In playing with it, I experienced slow downs.

We’ll see what other issues arise.

(1) If I had the source file, that I had downloaded (i.e., DMG, Zip, or make file), then I could always install or reinstall. If there’s no installation file (i.e., it comes by “magic” from the App Store), then I have to go back to the App Store and buy it again. Does that mean I have to pay again? Does the App Store give “receipts”?

(2) During play, the App Store became “unavailable”. Demonstrating that it is itself a single point of failure in the infrastructure.

(3) It’s very “easy” to load your hard drive with apps. (A few dollars or free makes one willing to “try it”. Toss if NG.) BUTT (there’s always a big but) (3a) How do you get rid of all the vestiges of applications? (3b) How much money, time, attention, and effort will be wasted in “applications”? (When you have to go to the store or wait for Amazon, FedEx, or UPS to deliver the disk, you evaluate the “purchase decision” more carefully.)

What else am I missing?

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INTERESTING: Forecasting intelligent cars and roads in the future

Wednesday, December 22, 2010

http://www.techmynd.com/the-future-cars-and-roads/#ixzz18TcSTw1G

The Future Cars and Roads
by Hiroshi on 18-12-2010

*** begin quote ***

According to Dr. Michio Kaku, next 10 years will bring us intelligent cars and roads. Future car fuels will be hydrogen, electricity, rechargeable batteries or solar energy. The future cars will help stop accidents and suggest alternative routs if road is blocked ahead. There will be almost no traffic jams, no road accidents. Scientists will install chips in the roads which will communicate with your car to tell if there is any problem ahead. Road will sense your car speed as well.

This predicts that instead of police officers, roads would be able to calculate your car speed and issue you a speeding ticket through your car’s computer. Cars will consume less fuel and will be light in weight. GPS systems would guide your car computer in the direction you would like to go. Even these cars can drive you automatically to point a to b without any driver.

*** end quote ***

Interesting, but not the way things are organized now.

The Gooferment controls the roads; that’s why they are a disaster. Look at Disney World for how private roads are and could be.

And, notice that the predictor falls into the current meme of “Gooferment roads”? The “road” gives out traffic tickets. ROFL! Like the “road” can go into a court and testify. And, we all KNOW machines never make a mistake. Like that Brit speed camera that would randomly report motorists breaking the speed of sound on a back road quarter mile stretch that was in bad shape. Never make mistakes.

And, we’d miss the pleasure of sitting at a long red light late at night with no traffic anywhere in sight (even in the most densely populated state)! You think the Gooferment, politicians, and bureaucrats will make this better?

And, of course, we all want cars that “automatically” drive us. Argh!

Sorry, I think the technology could do it, but not the people.

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RANT: The TSA has really carried “security theater” to molestation and porn!

Tuesday, November 16, 2010

http://johnnyedge.blogspot.com/2010/11/these-events-took-place-roughly-between.html

13 November 2010
TSA encounter at SAN

*** begin quote ***

These events took place roughly between 5:30 and 6:30 AM, November 13th in Terminal 2 of the San Diego International Airport. I’m writing this approximately 2 1/2 hours after the events transpired, and they are correct to the best of my recollection. I will admit to being particularly fuzzy on the exact order of events when dealing with the agents after getting my ticket refunded; however, all of the events described did occur.

*** and ***

At this point, I thought it was all over. I began to make my way to the stairs to exit the airport, when I was approached by another man in slacks and a sport coat. He was accompanied by the officer that had escorted me to the ticketing area and Mr. Silva. He informed me that I could not leave the airport. He said that once I start the screening in the secure area, I could not leave until it was completed. Having left the area, he stated, I would be subject to a civil suit and a $10,000 fine. I asked him if he was also going to fine the 6 TSA agents and the local police officer who escorted me from the secure area. After all, I did exactly what I was told. He said that they didn’t know the rules, and that he would deal with them later. They would not be subject to civil penalties. I then pointed to Mr. Silva and asked if he would be subject to any penalties. He is the agents’ supervisor, and he directed them to escort me out. The man informed me that Mr. Silva was new and he would not be subject to penalties, either. He again asserted the necessity that I return to the screening area. When I asked why, he explained that I may have an incendiary device and whether or not that was true needed to be determined. I told him that I would submit to a walk through the metal detector, but that was it; I would not be groped. He told me that their procedures are on their website, and therefore, I was fully informed before I entered the airport; I had implicitly agreed to whatever screening they deemed appropriate. I told him that San Diego was not listed on the TSA’s website as an airport using Advanced Imaging Technology, and I believed that I would only be subject to the metal detector. He replied that he was not a webmaster, and I asked then why he was referring me to the TSA’s website if he didn’t know anything about it. I again refused to re-enter the screening area.

*** end quote ***

Wonder when “We, The Sheeple” will remember the Fourth Amendment?

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POLITICAL: Selective Constitutionality

Saturday, September 11, 2010

http://apnews.myway.com/article/20100910/D9I50KL00.html

Calif judge to stop ‘don’t ask, don’t tell’ policy
Sep 10, 6:39 AM (ET)
By RAQUEL MARIA DILLON

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LOS ANGELES (AP) – A federal judge said she will issue an order to halt the military’s “don’t ask, don’t tell” policy, after she declared the ban on openly gay service members unconstitutional.

U.S. District Judge Virginia Phillips ruled Thursday that the prohibition on openly gay military service members was unconstitutional because it violates the First and Fifth Amendment rights of gays and lesbians.

*** end quote ***

And, the Army is Constitutionally only supposed to exist for two years after being called up. And, there’s supposed to be a RKBA. And, the Fifth says Obama couldn’t take over the GM screwing the GM bondholders.

Amazing how they pick and chose what they want to enforce.

The Anarcho-capitalist’s (AKA libertarian anarchy, market anarchism, or free market anarchism) are right: we don’t NEED Gooferment and it ALWAYS oppresses us.

Argh!

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