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Comment Re:Maul (Score 1) 217

Yea, this inverter isn't very bright and violates the first rule of splitting with an axe (after wearing steal toed boots), don't let go of the axe handle during your swing.

No, the first rule of using an axe is to either use an axe with a long handle, or a hatchet, but never anything in between.

I'm not much worried about my toes wielding a long-handled axe, but I am worried about more distal objects (and people) in the plane of the swinging motion. Medium-handled axes are for crazy people who never much liked walking around in the first place, or who get an unbearable itch to perform a District 9 pedicure.

Comment Re:Government is a tool (Score 1) 243

Who creates money?

Government does. Notice that every major currency in the world is backed by a government or in the case of the Euro, a group of governments. You have to go pretty far down in scale before you find currencies that aren't government-backed, such as BitCoin or currencies in MMOs.

Wrong.

Look into Federal Reserve system. It is not Federal. It does not maintain a reserve. It is a consortium of privately owned and undisclosed banks.

https://duckduckgo.com/?q=how%20the%20federal%20reserve%20creates%20money

In modern, neo-Liberal economic societies Government borrows money from private, central banks. This money is called into creation as debt. The creation of the money is an act of the bank - an accounting phantom - entering new assets as black ink on their ledgers.

Government no more "creates money" under this scenario, that you do, by using a credit card.

If "governments" backed the money, they wouldn't declare "austerity" programs on their own constituency - but instead issue jubilee forgiveness, with full restoration of productive capacity, etc. Instead, the EU and US BOTH "bail out" creditor institutions, ceding all right to their own resources and productive capacity to ownership by the bank.

 

Comment Re:TSA-like Money for Fear (Score 1) 271

Unlike the other two, an EMP event that could damage or destroy most electronic equipment within 1,000 mils of it can be created by most any nuclear power on the planet.

Sure. And they'd get their bottoms soundly smacked if they did it.

God wouldn't. He'd make a rainbow afterwards and we'd be like "OK, you're the boss".

Comment Interesting hat it mirrors the electric car issues (Score 2, Insightful) 504

If you take off your "Electric Companies are TEH EVIL" hat for a second, it's pretty interesting that they have the same issue that states do with paying for roads in relation to electric cars. That is, someone generating electricity or using an electric car is making use of a resource where the cost of access is subsidized by something you are no longer consuming.

I think the electric companies have a pretty good point that they still have to pay to maintain lines to your house even though you are now consuming a fraction of what you would have.

Transportation

NYC's 19th-Century Horse Carriages Spawn Weird, Truck-Size Electric Car 204

cartechboy (2660665) writes "Led by Tesla, electric cars are all the rage now. And the idea of a nine-passenger all-electric vehicle sounds good--until you learn that it maxes out at 30 mph, weighs almost four tons, and costs in the six figures. What is this monstrosity? It's the Frankenstein creation of a group of animal-rights advocates, who are proposing it as the replacement for New York City's fabled horse carriages--and who paid $450,000 to have a prototype built. Who's against it? Would you believe Liam Neeson and one of NYC's daily papers? The huge electric car--modeled after an early 1900s open touring car, complete with brass lanterns--is on display this week at the New York Auto Show, and it's certainly attracting its share of attention."

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