Comment Re:Russian Rocket Motors? (Score 1) 166
I believe the operation being attempted right now is:
Ukraine=Crimea=Rusia
This is one of those few times that someone used == where = is the correct option!
I believe the operation being attempted right now is:
Ukraine=Crimea=Rusia
This is one of those few times that someone used == where = is the correct option!
3) Take over Ukraine
I'm sorry, but BUYING a pair of shoes that costs more than $200 should be a felony!
I would believe what you said if two facts were not true:
1) The majority of taxes are used to take money from one class of people, and give it to another.
2) We live in a democracy where more than half the people are "takers" rather than "givers"
I wouldn't be upset if "givers" voted to make transfer payments. That wouldn't be theft.
I wouldn't be upset if "takers" voted to not have transfer payments. That wouldn't be theft either.
But when takers gang up and vote to steal money from a smaller group under threat of violence, that is simply government condoned theft.
The government doesn't invest in the future. They merely pay their friends rents.
[https://www.census.gov/compendia/statab/2012/tables/12s0539.pdf]
[http://taxfoundation.org/article_ns/summary-2009-federal-individual-income-tax-data]
[http://www.ers.usda.gov/topics/rural-economy-population/rural-poverty-well-being/transfer-payments.aspx#.U01rPcegGOE]
Your inability to buy Microsoft has nothing to do with Microsoft's stock price being "too high." And if you could convince a) Microsoft, and b) a bank (or the markets) that you could run Microsoft better than the current management the money would not be a significant hurdle.
What's hilarious is that no one has seen the obvious: no company's "stock price is too high
Company A: valued at $X
Company B: valued at $Y
Company A+B: valued at $X+$Y
No one has to have the cash on hand to do a merger (the traditional form of "purchase"). If you wanted to actually make a "purchase", all you would have to do is involve a bank.
Of course, Elon Musk has absolutely no reason to sell his company to a bunch of people that wouldn't know how to run it!
Inflation transfers wealth from lenders to borrowers.
No, that's kind of my point - wealth is destroyed by contracts and savings destruction, but borrowers are not actually helped that much. In the contracts case, the supplier company goes out of business and both parties lose value. In the savers case, the saver loses all savings but the borrowers can't capitalize on the gains because the prices of everything that they care about goes up.
The people that do the best are those that are borrowers on a large asset. Their loan is devalued, so they don't have to pay as much back, true. But even then, the asset (typically a house) loses value because interest rates soar, making it difficult for future buyers to pay you for the asset.
Inflation is just generally bad for everyone. It is a global economy destroyer. Try to think of a single case where there was hyperinflation, but not economic destruction... hyperinflation is always bad, even for the guys that are supposed to be helped by it.
Except that even this best case scenario isn't true...
Think about this: What sets prices? The fact that there is (for example) only 1 hamburger per person created in the US per day. Currently, everyone has $1, and needs 1 hamburger. So the price is $1/hamburger. There is this rich guy, who has $1T, but he still only east 2 hamburgers.
OK, so now every has $1M. The rich guy is still fine, and he still buys his 2 hamburgers. But how many hamburgers can everyone else buy? Hm... there's still only one hamburger per person. So each normal person can still only buy one hamburger! So what is the price of a hamburger? $1M per hamburger!
OK, so you then say "well, there must be a huge incentive now to create more hamburgers, since people will pay $1M/hamburger." But here's the thing, at the end of the day, no one wants $1M, they want an extra hamburger. So since the number of "hamburger equivalents" you will pay per hamburger has not changed, there is not extra incentive. So nothing has changed, except that we just had massive inflation.
Poor people do not compete with rich people for goods, in general. Poor people compete with poor people for goods. Giving all the poor people $1M does not make them any better off, and it doesn't make the rich any worse off, it only destroys those that were on the cusp of breaking out of poverty.
'fishing expedition' and search prior to an arrest, without warrant, IS unreasonable.
Neutrinos have bad breadth.