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Eu has been very cruel to Greece and the Greek people.

Imf and troika already admitted through internal and leaked reports that Greek debt needs to be restructured. Yet they purposely are throwing Greece under the bus in an act of financial war. (to make them fall in line through force)

Hopefully this is the first step in dismantling the unelected eurocrats in ecb and troika who are destroying the European continent.

Greece will stay in Europe and the euro but start the process of fixing the euro so that it works for the piigs too.

Central banks are not funded by taxpayers. The IMF for example was funded by the US in a budget-neutral manner, as an exchange of assets. Translation: the IMF's money is created out of thin air. That the IMF won't give Greece any of their created money is shameful, sociopathic, criminal, and utterly unnecessary.

How quickly you forget the unlimited swap lines the Fed opened for European banks, including the ECB, during the most recent financial crisis. You would be insolvent now if it weren't for the Fed's largesse, yet you criticize Greece for asking to borrow a tiny fraction of the amount you borrowed? As Bagehot said, "Men of business have keen sensations but short memories."

Linus:

"It's like Moore's law - yeah, it's very impressive when something can (almost) be plotted on an exponential curve for a long time. Very impressive indeed when it's over many decades. But it's _still_ just the beginning of the "S curve". Anybody who thinks any different is just deluding themselves. There are no unending exponentials."

Cromwell's Rule:

"If the prior probability assigned to a hypothesis is 0 or 1, then, by Bayes' theorem, the posterior probability (probability of the hypothesis, given the evidence) is forced to be 0 or 1 as well; no evidence, no matter how strong, could have any influence."

Fund the government at zero cost through the Fed. Inflation is eliminated by indexation of all incomes: if your income to prices ratio is 3/2 today and 6/4 tomorrow and 12/8 the day after, it still reduces to a constant 3/2. Purchasing power does not change. Simple math.

Sucks that even though I have 'view all comments' selected, I have to click on this post to read it, taking me away from the discussion and forcing me to click 'back' to get back to it. Just because some mirthless modder downrated it.

Why are others' actions my responsibility? If I post something, and someone else makes a decision, that decision is also influencable by someone else's (i.e., the corporation's) speech. Why don't they use free speech to fight free speech they find offensive? Why do they try to ban it?

Even the Supreme Court ruled yesterday that the EPA had to consider cost when determining what was "necessary and proper." Cost trumps the freedoms guaranteed in the bill of rights. If my free speech costs someone money, the Bill of Rights has no standing. Government at least is prevented (heavily restricted) from prosecuting people for their speech. Business has no such Constitutional amendment restraining its desire to quelch speech it thinks offensive.

Business is fundamentally undemocratic and unconstitutional.

All those scientists trying to steal the Hawaiian natives' land should have been on board.

Do we want a nation of Ayn Rands merely writing about technology, or do we want to actually implement the technology? If the latter, government spending is essential because the market is way too shortsighted and prefers to take risks on balance sheets, with derivative instruments, rather than push the envelope of technological development.

Madison was wrong. Other founding fathers such as Hamilton understood the General Welfare provision very broadly. Anyway we don't need taxes; fund the government at zero cost through the Fed. Banks make use of the Fed's financing powers, let the government direct the Fed to finance a basic income. Indexation of all incomes hedges against any potential unexpected inflation by keeping purchasing power from decreasing.

And scientists concoct fables about big bangs and multiverses and fought tooth and nail against the theory of continental drift for decades. How do you know you're not just as wrong now as scientists were about tectonic plate theory? Tomorrow you might suddenly find out the Native Americans are right after all. In any case those observatories are ugly poop that destroy natural mountain landscapes. Shoot those scientists up to space to build a telescope. I bet they'd prefer that.

It angers me, because those telescopes are ugly and ruin the natural landscape.

And guns protect scientific truths? If my gun is bigger than yours, you have to believe in what I say? Poppycock. We are mere stewards of the land, and the native americans were better stewards.

In Arizona, Baboquivari is a sacred site. It stands out, it is very distinctive from large distances away. Next range over has Kitt Peak Observatory, which is ugly and destroys the natural mountain's ridge line. Screw Kitt Peak. Just say no to earth-bound observatories. Put 'em in space. I bet the scientists would like that too.