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Comment: Re:Theory vs reality? (Score 3, Informative) 172

by JDAustin (#48231193) Attached to: EU Sets Goal To Cut Greenhouse Gas Emissions 40% By 2030

A few points of order though.
- Clinton signed Kyoto but never sent it to the senate. The reason being is it never had support from either party and would have died by about 90 votes.
- Second, W could have withdrawn from Kyoto with a stroke of a pen as the President can cancel treaties.
- And finally, treaties inherently do not have the force of law behind them. They do not supersede Federal, State or even individual rights (see the recent Bond v US ruling). Now the Obama admin doesn't agree with this as they argued that a treaty trumps everything....but as we know with Obama/Holder, just because he says its doesn't mean its true.

Comment: Piketty is wrong. (Score 0) 839

by JDAustin (#48159833) Attached to: Bill Gates: Piketty's Attack on Income Inequality Is Right

I'm not only saying this...a survey of top economists are saying this.

http://www.igmchicago.org/igm-...

– “Theoretically and empirically the case that r-g is a major determinant of inequality or even top inequality is weak.”

– “Many other factors affect inequality including technological change, globalization, increasing returns to education, and others.”

– “Don’t find r-g a particularly useful summary of anything (doesn’t really capture role of technology, training, tax policy)”

– “A glance at the biographies of the truly rich shows most came from upper middle class families. Good luck and some skill produced the wealth.”

– “Argument has poor theory & negligible empirics.”

– “Is this an inside joke? BEA estimates show little change in rate of return.”

Comment: Re:Ebola threat (Score 0) 478

by JDAustin (#48113909) Attached to: The CDC Is Carefully Controlling How Scared You Are About Ebola

What happens when it spreads to central america? The have poverty and customs there that would aid in the spread of ebola also. And with the current administrations immigration policies, there will be a deluge of immigrants coming here from central america to get away from it and they will bring it with them.

Comment: Re:Brown is a right winger (Score 1) 115

by JDAustin (#48028645) Attached to: California Governor Vetoes Bill Requiring Warrants For Drone Surveillance

College Costs - this has more to do with the easy federal loan money that hook young people into debt for decades. As money gets easier to come by for colleges, they raise costs.
CA Single Payer - you mean the plan that would cost more then the states current annual budget to implement?
CA Budget - this has more to do with the coastal are of the state able to shit gold in even a crappy economy. Although, I will give him some credit here (he'd get even more if he would drop support for the useless highspeed rail, as the only on getting rich off that is our esteemed senator Feinstein)

I don't want to achieve immortality through my work. I want to achieve immortality through not dying. -- Woody Allen

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