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

Wrong.

Don't I actually have to be wrong first before this term applies? I've heard the ZOMG Federal Reserve argument before. The Fed is an institution created and backed by the power of the US government. The US government runs the top level of the Fed and happens to control in other ways what policies the Fed can implement (for example, via pressure on bank members).

The whole scheme of money creation was created and endorsed by the US government who backs it up with a variety of means. As an example of that last statement, I suggest you actually look at a US bill. It has on it "this note is legal tender for all debts, public and private". Being required to pay your US taxes, both federal and state, with US dollars is yet another way the US government backs its currency. You can also pay debts and public charges with currency.

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.

Like any other transaction, it is a mutual act of two or more parties. This is an act of the bank and an act of the government.

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

If EMP doesn't do that much, why would the military harden its electronics against it?

Because they have to design for being a lot closer to a nuclear blast than 400 km.

How much would the EMP attack be enhanced by optimizing the warhead for that in a fashion similar to what is done for neutron bombs?

That adds mass to the warhead. Plus most of the energy of the weapon is already in the form of gamma rays.

If you've only got one shot in the face of missile defenses, do you go for an obvious high value target that may fail, or maybe something else?

Or you deliver by boat and skip those annoying defenses altogether.

Either way I think that it is prudent to take steps to harden the infrastructure, especially where it can be done at moderate cost.

Note that the infrastructure which is to be hardened is much bigger in cross section than a car or a PC. A power grid can actually intercept a lot of energy from a space-side nuclear blast or an exceptional solar flare. I agree that it is prudent to harden such infrastructure.

Comment Re:Lay off the Freedom Loving Punch (Score 1) 504

My question is more relevant than mpapet's observation was. The original poster observed:

When your profit is determined by the government, you always turn to the government to increase or maintain your profits, which in turn means you become quite expert at that game.

So mpapet observes:

The other last time I looked, business interests of all kinds turn to governments to maintain their profits, and raise barriers to comp etition.

Why would mpapet make that observation? He implies here that it's just another case of a business interest turning to government to "maintain their profits". That in turn implies that the business has other choices contrary to the original poster's assertion that these electricity companies have a sole target to game.

At this point, I became curious about what mpapet actually thought and believed compared to what he wrote. My question in hindsight was not a good one, but there's still a problem with his reasoning.

Comment Re:Something wrong at the foundation - (Score 1) 504

The neo-con ideology which has pervaded most capitalist economies is one of debt fuelled growth. This is across the board including government, business and private household debt. In the US this started in earnest with Regan, in other countries it began when whatever new-breed, neo-con idealist came to power in their country.

This scheme predates neo-con ideology by at least centuries. A number of businesspeople and adventurers borrowed with an eye to making more than enough to pay off that debt. And debt-fueled growth doesn't respect ideological lines. For example, the USSR and modern Venezuela did this trick with mediocre results.

I don't have any complaints about the post outside of that.

Comment Re:Lay off the Freedom Loving Punch (Score 2) 504

Deregulated utilities end up as monopolies.

So do regulated utilities. You need some way to distinguish between the two.

The other last time I looked, business interests of all kinds turn to governments to maintain their profits, and raise barriers to competition.

So you disagree that there is a stronger incentive to turn to government to enhance your business model when the government is the primary factor determining how profitable you are?

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

Put that explosion over the central United States, and then draw a 1,000 mile radius of damage. Which do you think will have a bigger impact? One city hit by a nuke, or most of the US hit by EMP?

cold fjord, he already mentioned actual evidence, Starfish Prime. We already have a good idea of how much damage such a bomb can do on the ground and hundreds of kilometers above Earth. Starfish Prime just didn't do that much.

So the answer appears to be that hitting one large city like New York City with a nuke causes more damage. Further, the 1.4 megaton size of Starfish Prime is rather large for a bomb. Shrink the bomb to tens of kilotons and the math is even stronger in favor of hitting cities.

Comment Re:SCOTUS (Score 2) 310

So can we just all admit that we have no control over our government anymore

Why admit something that isn't true? Would I love to have more control over my government, the US government? Absolutely. Would I like to have a much smaller government which can be controlled easier? Absolutely. Would I like constitutional rule changes, like abandoning the first past the post, that undermine the current political oligopoly? Absolutely. That doesn't mean that no control currently exists, but rather what control does exist can be greatly improved.

Comment Re:So - who's in love with the government again? (Score 1) 397

Which is what they've done, considering they haven't made it a rule yet

Doesn't look like that to me. Looks like they made the rule, but are going through a legally required public hearing before they implement it (note that they don't actually have to pay any attention to the outcome of the hearing). If they didn't have to go through those motions, I think the rule would already be implemented.

Now, I suppose they might be honestly trying to implement regulation on a public health basis, but it could also be a rule to favor large feed producers or major breweries who happen to have the economies of scale to deal with yet another frivolous but obstructive rule.

Comment Re:Just another facet of post 'Citizens United' US (Score 1) 243

Congress certainly could limit how much individuals, corporations, unions, etc. can spend on political messages.

Without violating the First Amendment? I think it's much harder to do that than you do. Political messages fall into two protected categories of the First Amendment - speech and petition for redress of grievances.

Comment Re:Just another facet of post 'Citizens United' US (Score 1) 243

But you are splitting hairs saying its not congress' job to amend the constitution.

I didn't split that hair. Looking back through the thread, no one else did either. We were responding to the original claim that Congress could pass a law to reverse Citizens United. It can't. All the talk of constitutional amendments (which aren't legislative law) doesn't change that.

Comment Re:Don't be ridiculous (Score 1) 207

The first rule of Tautology Club is the first rule of Tautology Club.

A truism isn't a tautology. In the US, there exists those who are law abiding, complying with regulations and common sense with respect to fire arms, whether they own them or not. They make up the vast majority of the population. And there's a fair sized group of people who commit crimes with hand guns most which are already illegally obtained.

Are you claiming that gun control laws are useless if one person ignores them? Australia passed laws in 1996 to greatly limit firearms. The number of firearms and the number of violent deaths in Australia both suffered major declines in the years since then.

Of course, I am. The US experienced a similar decline in violent deaths from firearms and for the most part, didn't tighten gun control laws.

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