Search found 868 matches

by SteveFoerster
Mon Dec 11, 2017 10:09 am
Forum: The Sciences
Topic: Bitcoin and crypto currencies
Replies: 28
Views: 358

Re: Bitcoin and crypto currencies

Doc wrote:
Wed Dec 06, 2017 8:31 pm
I would except to see a bumper sticker that says something like Economists do it with blocks and chains.
That still wouldn't be better than "economists do it with models". ;)
by SteveFoerster
Mon Dec 11, 2017 10:08 am
Forum: The Sciences
Topic: Bitcoin and crypto currencies
Replies: 28
Views: 358

Re: Bitcoin and crypto currencies

http://www.smh.com.au/business/bitcoin-looks-like-bubble-new-zealands-central-banker-warns-20171209-p4yxki.html Bitcoin looks like a bubble, New Zealand's central banker warns . Take heed! Because if anyone has an unbiased opinion about an alternative to central bank issued currency, it's definitel...
by SteveFoerster
Mon Dec 11, 2017 9:49 am
Forum: Foo
Topic: What if? Alternative history for part of North America
Replies: 1
Views: 19

Re: What if? Alternative history for part of North America

You may appreciate an alternate history novel called The Two Georges, by Harry Turtledove and Richard Dreyfuss, set in a North America where the colonies reconciled with the government of George III rather seeking independence.

https://en.wikipedia.org/wiki/The_Two_Georges
by SteveFoerster
Mon Dec 11, 2017 8:22 am
Forum: Current Events
Topic: Life Under Kim Jong Un
Replies: 101
Views: 920

Re: Life Under Kim Jong Un

Sertorio wrote:
Tue Dec 05, 2017 4:54 am
We must realize that Asians are not Eurpeans or Americans. They have a long tradition of autocratic government and may feel less unhappy about it than we would.
You know who else used racism as a defense for tyranny....
by SteveFoerster
Mon Dec 11, 2017 8:20 am
Forum: Current Events
Topic: Tax plan raises taxes on liberal states and lowers them for the rest.
Replies: 4
Views: 26

Re: Tax plan raises taxes on liberal states and lowers them for the rest.

With the state and local taxes no longer deductible, it means people in states and cities that impose high state or local taxes. will end up paying more taxes. These are people living in blue states. Serves them right. Be careful what you wish for. You might get it. You make it sound like everyone ...
by SteveFoerster
Mon Dec 04, 2017 7:38 am
Forum: Current Events
Topic: Life Under Kim Jong Un
Replies: 101
Views: 920

Re: Socialist regimes have their top 1% too.

...capitalism leads to prosperity while Socialism leads to poverty. Therefore the first step to political freedom is to start with capitalism... Capitalism leads to great prosperity for a tiny minority, unequal levels of income for the others and lack of access to good health care and education for...
by SteveFoerster
Mon Dec 04, 2017 7:30 am
Forum: The Sciences
Topic: Bitcoin and crypto currencies
Replies: 28
Views: 358

Re: Bitcoin and crypto currencies

And there goes the neighbourhood! Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. http://www.bbc.com/news/world-latin-america-42217798 Yes, that was my laugh for the morning. It will fail just as miserably as e...
by SteveFoerster
Sat Dec 02, 2017 10:02 pm
Forum: Current Events
Topic: The Trump's incriminating collusion with Russia megathread.
Replies: 80
Views: 1847

Re: The Trump's incriminating collusion with Russia megathread.

Meh. I'm no fan of Trump, but doesn't seem unreasonable to me that an incoming National Security Advisor might reach out to figures in the administrations of other significant powers. Well it's illegal. Well, lying to the FBI is illegal, but that's not the same thing. And this isn't over. They're s...
by SteveFoerster
Sat Dec 02, 2017 8:03 pm
Forum: Current Events
Topic: Life Under Kim Jong Un
Replies: 101
Views: 920

Re: Socialist regimes have their top 1% too.

By the way; I think that you have pushed this particular envelope beyond breaking point suggesting that German national socialism amounted to "left wing" extremism - which you have also claimed repeatedly over the years like a broken gramophone record. :lol: This is what happens when one erroneousl...
by SteveFoerster
Sat Dec 02, 2017 8:01 pm
Forum: Current Events
Topic: Life Under Kim Jong Un
Replies: 101
Views: 920

Re: Socialist regimes have their top 1% too.

So it could be that they started out as idealists. But when they attained power, they changed. Power corrupts. A Socialist system is susceptible to this because for Socialism to be implemented, the leaders claim ownership of all the productive assets in the name of the workers. The entire economy i...