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Comment Consider the source (Score 1) 537

Why the hell would we listen to a Russian born in 1965 about this kind of thing?

From the wiki (if it's still accurate):

Kaspersky graduated from the Institute of Cryptography, Telecommunications and Computer Science, an institute co-sponsored by the Russian Ministry of Defence and the KGB in 1987.

He may be good at solving individual problems, but I wouldn't trust him to make policy.

Comment Re:I for one... (Score 1) 178

I didn't say steal money, I said stole the value. That's what happens when money is created. The people who create the money get to use it at full value, while every one of us is left in the lurch when all that extra money hits the consumers. And this all seems justified to you because it has created "stability in the market"? I don't see this stability. And if the FED was powerful enough to prevent instability, then why didn't it? Oh so it didn't have enough power so it should have more now... I know those aren't your words, but that is what too many people are thinking.

Here's your source btw.

Comment Re:I for one... (Score 1) 178

I can agree with the way fractional banking works in the private sector. I don't think a bank should be regulated on how much money it holds in reserve. Instead, it should have to tell it's customers how much is held in reserve, then let the people decide if they want this bank or that bank. If there is a run on a bank, guess you learned your lesson the hard way.

The problem I have is that the FED doubled the money supply in a year. If that gets into the economy at large you will have to pay $10 for your average McDonalds meal. Most people will be confused and start some stupid campaign to have price fixing in fast food 'for the poor folk'. The whole time very few will realize who actually stole the value of the dollar.

Comment Re:Fuck education? (Score 1) 1073

1. You don't need a literature degree to be in HR or write a book.

2. Why bother with this argument? This is arguing for a professor just for the sake of the professor. If the funds that were allocated to a lit professor are better allocated to a engineering professor, why not get rid of the lit professor? Who knows what the engineering professor could be doing with his students?

3. I like books, and I pay for them. It is a benefit to me and the author. Explain to me where the educated but under employed lit major falls into that equation. If he was the editor, I could understand that, but that would be a job directly related to his major.

My beef here isn't with being educated. I think everyone should be educated. My beef here is with the insistence on formal education. The expenditure on formal education is what is plane crazy, and I believe it is the major barrier to having smarter people in the world. Everyone wants to solve this problem by making formal education less expensive, but whats wrong with advocating for self directed informal education? You know, the kind that anyone can get with a library card, the internet, and a little gumption. Oh right, people would have to be responsible for their own learning, instead of tricking them into doing it based on some imagined authority boogey man they remember from high-school... that never existed in the first place...

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