Immigration and multiculturalism news

[Agent23]

True - Keynes' theory is fine. Problem is that he, just like other socialists, ignored human nature.

Nope, as a human being he was also scummy, too.

You should read a bit about his way of investing, that obviously I formed his other bullshit theories.

To him investing in the stock market is like trying to guess which woman is going to win in a beauty pageant.
However, to win the money you must guess and vote for the favorite, not objectively choose the best looking woman.

So, forget individuality and objective analysis, all that is important is that you get on the idiot bandwagon ahead of the bulk of the other idiots.

 

[Aldarion]

Nope, as a human being he was also scummy, too.

You should read a bit about his way of investing, that obviously I formed his other bullshit theories.

To him investing in the stock market is like trying to guess which woman is going to win in a beauty pageant.
However, to win the money you must guess and vote for the favorite, not objectively choose the best looking woman.

So, forget individuality and objective analysis, all that is important is that you get on the idiot bandwagon ahead of the bulk of the other idiots.

Wait, so he basically spouted bullshit, duped everybody with it, and then invested? Or he tried investing and then lost everything? I know TIK mentions him, but I forgot the details.

 

[Agent23]

Wait, so he basically spouted bullshit, duped everybody with it, and then invested? Or he tried investing and then lost everything? I know TIK mentions him, but I forgot the details.

He was successful investing by trying to spot the bubble, buy before the hoi poloy, and after probably dump leaving them holding the bag.
No analysis of fundamentals or anything.

That is not investing, that is speculation.

And do you know who benefits the most out of Keynesian economics policies?

Thst is right, speculators.

Would you like to know more: Keynesian beauty contest - Wikipedia

 

[Aldarion]

He was successful investing by trying to spot the bubble, buy before the hoi poloy, and after probably dump leaving them holding the bag.
No analysis of fundamentals or anything.

That is not investing, that is speculation.

And do you know who benefits the most out of Keynesian economics policies?

Thst is right, speculators.

Would you like to know more: Keynesian beauty contest - Wikipedia

Thanks!

 

[mrttao]

Emphasis on the important bit. Again, most of the intervention is mean to be specifically to "unjam" a crisis, then when the economy is going well the government is supposed to step back and recover its spending power. If I recall the right economist, Kaynes himself specifically said not to do this. Of course the theory's going to go to shit when you ignore the part where you take a break from fueling up on government money.

Yea, there are two different issues here

issue 1: keynes was a hack.
issue 2: the idiots in power applying keynes theories are ignoring the "don't do that" warning parts of keynes model.

 

[Morphic Tide]

That is not investing, that is speculation.

And for many companies, that's all buying pre-existing shares is good for. For stock markets to be primarily investments, you need them to be made up mostly of dividend-paying and vote-granting shares, which has become increasingly rare.

 

[KilroywasNOTHere]

He was successful investing by trying to spot the bubble, buy before the hoi poloy, and after probably dump leaving them holding the bag.
No analysis of fundamentals or anything.

That is not investing, that is speculation.

And do you know who benefits the most out of Keynesian economics policies?

Thst is right, speculators.

Would you like to know more: Keynesian beauty contest - Wikipedia

So in other words he was a crytobro...despite the fact that he created everything crypto bros hate. XD

 

[Agent23]

And for many companies, that's all buying pre-existing shares is good for. For stock markets to be primarily investments, you need them to be made up mostly of dividend-paying and vote-granting shares, which has become increasingly rare.

Yes, and why is that?

Could it be perhaps because playing in the casino called the stock market is the only chance for most people to get some yield above that of the pathetically low, below inflation rates on bonds and CDs?

The same low rates brought upon by the Keynesian idiocy?

There is a good reason why most classic investment texts are covering 50% bonds and 50% stocks, and that stocks were considered something for the "enterprising" investor, because prior to Judas and the dot com bubble and later 2007 MOST PEOPLE COULD RELIABLY SAVE UP FOR RETIREMENT VIA BONDS!!!!

THANK YOU OH SO VERY MUCH MR. KAYNES.

See where this is going?

 

[Agent23]

Yea, there are two different issues here

issue 1: keynes was a hack.
issue 2: the idiots in power applying keynes theories are ignoring the "don't do that" warning parts of keynes model.

Now, there atw a few aspects od Kaynesianism I am not that against.

loke for example thst govenrment spending can help lessen thr ompsct of rrcessions.

for example, infrastructure, some military expenditures, agriculture and power generation and some fields of educatuon and research can get some more financing in such situation.However, a lot of these continue to be funded no matter the situation, so some government spending on services like medicine, military, infrastructure will still be around constantly and could act as a source of spending to keep demand afloat, and there are also pensions and unemployment benefits.

A recession is IMHO a good moment to recruit smarter people to be officers and teachers or study agronomy.

And if housing ans other construcrion in the private sector is depressed then it means you can improve roads, beidges, build nuclear power plants and sp forth.


Thst, coupled with the inefficient sectors and enterprises getting whacked hard and being forced to clean up their acts will give you a real increase in productivity and a real upswing based on actual inpeovements and not just money printing and handouts and "wealth effects".

But, one fix is a hard, icky pill to swallow coupled with exercises and diet.


The other solution is to chug doen a few bottles of Jack Daniels' Tennessee Honey mixed wirh coke and with some cane sugar dilluted into it for good measure.

 

[Captain X]

 

[Abhorsen]

Also Mayorkas got impeached.

 

[Husky_Khan]

We aren't centrists.

Libertarianism is a fundamentally radical position of complete selfownership.

The whole goal of minarchism is that it makes converting money into power hard, as there isn't much power to grasp. More, it deters those who want to grab power to make money, as it isn't usually very economical, as much less power is available. The thing libertarians tend not to understand is that there are people who want power for nonmonetary reasons. Minarchy defends against this, but not perfectly, and it will be eroded by those types of people, and so needs to be restored occasionally.

Google etc would not somehow instantly fuck us anymore thab they are already, as Google is actively using the government to fuck us. Without the government, they lose a major tool allowing fuckery.

Government simply doesn't protect from oligarchs. Because if it could, then the oligarchs buy enough of it to set it against their enemies. It's very simple: if there is power that could affect oligarchs enough to matter, then there's a market which can be used to buy that power, which will be bought by the oligarchs.

The other reason why Libertarianism is superior and a reason why some Men especially loathe libertarianism is because in a Libertarian society, Men will be quickly zoned out of most jobs which have men and women competing for the same occupation to any significant degree, because Women work for only 70% of the wage a Man would make for the same amount of work.

COPE!

 

[Husky_Khan]

Also Mayorkas got impeached.

It was a close run thing too... 214-213 with three Republican voting with the DEMONRATS.

I'd like to point out this is not only the first cabinet level Secretary to be impeached since 1876 as Axios pointed out...

House votes to impeach DHS Secretary Mayorkas over border crisis

The House of Representatives has now made two attempts at impeaching Homeland Security Secretary Alejandro Mayorkas over the border crisis.

www.foxnews.com

But also he's the first Latino-American Cabinet Level Official to be impeached.

The first Cuban-American Cabinet Level Official to be impeached.

The first Jewish-American Cabinet Level Official to be impeached.

The first Slavic-American Cabinet Level Official to be impeached (not surprising with all of the Russophobia going on).

The first Californian Cabinet Level Official to be impeached.

And yes the first Democrat Cabinet Level Official to be impeached.

So many firsts!

 

[Aldarion]

German tyranny in defense of diversity:

 

[Cherico]

It was a close run thing too... 214-213 with three Republican voting with the DEMONRATS.

I'd like to point out this is not only the first cabinet level Secretary to be impeached since 1876 as Axios pointed out...

House votes to impeach DHS Secretary Mayorkas over border crisis

The House of Representatives has now made two attempts at impeaching Homeland Security Secretary Alejandro Mayorkas over the border crisis.

www.foxnews.com

But also he's the first Latino-American Cabinet Level Official to be impeached.

The first Cuban-American Cabinet Level Official to be impeached.

The first Jewish-American Cabinet Level Official to be impeached.

The first Slavic-American Cabinet Level Official to be impeached (not surprising with all of the Russophobia going on).

The first Californian Cabinet Level Official to be impeached.

And yes the first Democrat Cabinet Level Official to be impeached.

So many firsts!

you know normally people would take such a thing as a sign its time to clean up your act.

Yes the votes are not there in the senate but you have to fuck up real bad for it to get this far. Also I think the ceailing for impeachment of public buracrats is too high. A simple majority is needed so we can get rid of any serious fuck ups.

 

[Blasterbot]

you know normally people would take such a thing as a sign its time to clean up your act.

Yes the votes are not there in the senate but you have to fuck up real bad for it to get this far. Also I think the ceailing for impeachment of public buracrats is too high. A simple majority is needed so we can get rid of any serious fuck ups.

unfortunately this is likely to be viewed merely as a tit for tat thing and dismissed. the Ivory tower refuses to acknowledge the concerns of the plebs.

 

[Cherico]

unfortunately this is likely to be viewed merely as a tit for tat thing and dismissed. the Ivory tower refuses to acknowledge the concerns of the plebs.

If you keep doing that then the tower will fall.

 

[strunkenwhite]

If you keep doing that then the tower will fall.

One of the news reports I read said they're complaining that the alleged offense is "did his job wrong" which does seem weak to be honest. On skimming the actual articles the claim seems to be that he did his job so wrong that it amounts to high crimes and/or misdemeanors but I'm not aware that this theory has been applied to any other impeachment. (That was basically the motive in Johnson's impeachment but Congress did pass a specific red-line law that Johnson specifically crossed in that case.)

In other words, the plebs may have concerns but good luck getting them riled up over the inevitable outcome of this trial.

 

[Blasterbot]

One of the news reports I read said they're complaining that the alleged offense is "did his job wrong" which does seem weak to be honest. On skimming the actual articles the claim seems to be that he did his job so wrong that it amounts to high crimes and/or misdemeanors but I'm not aware that this theory has been applied to any other impeachment. (That was basically the motive in Johnson's impeachment but Congress did pass a specific red-line law that Johnson specifically crossed in that case.)

In other words, the plebs may have concerns but good luck getting them riled up over the inevitable outcome of this trial.

How badly can you screw up before people say it had to be malicious and not incompetence? Guy has been allowing an invasion since he got put in.

 

[strunkenwhite]

How badly can you screw up before people say it had to be malicious and not incompetence? Guy has been allowing an invasion since he got put in.

"You're doing a morally bad job" isn't any better than "You're doing a bad job" as far as rising to the normal impeachment threshold, as far as I know.