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Comment Re:Numerically simulating hurricanes is HARD (Score 1) 43

I just closed the page linked in the article, which I think was Dr. Masters's blog, because it started playing an audio ad. I guess I should look into AdBlock. The proliferation of intrusive advertising is becoming intolerable. Anyway thanks for your comments (if you are the same AC who posted the original post I responded to), I learned something and the page didn't jump around on me or start yelling at me to buy something as I was reading.

Comment Re:Numerically simulating hurricanes is HARD (Score 1) 43

I'm trying to read Dr. Masters's article. It's very annoying that as I'm reading something down the page a bit, the page suddenly reloads on me, I assume because the ad at the top is refreshing. I'm bumped back to the top of the page and lose my place.

Why is advertising so much more important than the information on the page?

Why do companies have so much money they spend it on nefarious, intrusive advertising tricks? Obviously we have plenty of production capacity and the real problem companies are trying to solve today is demand. So why do we listen when politicians and economists harp on and on about scarcity? Advertising is proof that we are in a post-scarcity society.

Comment Re:This might sound silly... (Score 1) 390

Detroit is a victim of UBS corruption. UBS wrote interest rate swap contracts with Detroit that called for huge, immediate payouts if a credit downgrade occurred (Goldman Sachs did the same with AIG, and the Fed honored GS's contracts to the letter when they bailed out AIG). Then UBS proceeds to manipulate LIBOR downwards, so that Detroit lost on its interest rate bets. Then UBS wants to get paid before the people in Detroit.

The corruption is in the banks that create money out of thin air, charge you interest to lend it to you (interest is more created money, since it is booked in advance under "Net Worth" and thus is available for bank investors to spend), and manipulate the market with illegal setting of key rates on which your contracts are based.

Comment Re:There is no reason for any drought to continue (Score 1) 390

You remind me of a character in a Rockford Files episode who was watering her lawn in the middle of a drought (in the 1970s) and phoning her local radio host to proclaim that the drought was the result of the liberals in Washington selling all our water to the A-rabs.

The more things change...

Comment Re:There is no reason for any drought to continue (Score 1) 390

Private sector money creation is occurring at the rate of $30 trillion per year, according to a Bain report. Total world capital is approaching $1 quadrillion, exceeding world GDP by at least an order of magnitude. Where's the devaluation? The dollar is getting stronger.

Your quantity theory of money has very serious empirical problems. Sometimes you quantity theorists like to cite "velocity of money" as the reason we haven't seen the predicted rise in inflation. However, you are not measuring velocity of money; you are calculating it after the fact to make your predictions come out right, in hindsight. Velocity of money is a fudge variable.

Private sector money turns over a lot. Banks are constantly lending and borrowing in the Fed Funds and Repo markets, putting off final settlement for another day. Money created by the private sector does not simply sit in bank accounts; it is turning over, daily. So you can't use Velocity of money as an excuse why your Quantity Theory of Money fails to predict.

Comment Re:There is no reason for any drought to continue (Score 1) 390

Needless death by dehydration is against the General Welfare. Government is mandated to provide for the general Welfare. Government should create money (because government has the constitutional mandate to coin money and regulate the value thereof) to fund water transfers or environmentally-friendly desalination plants in California.

Comment Re:Headline is stupid (Score 3, Insightful) 220

So we should prosecute jokes as lies now? And there's a new rule: if you include "actually" in your joke, then it can't be a joke?

Fuck the politically correct grammar nazi police. Fuck em if they can't take a joke. Joke 'em if they can't take a fuck. Fuck that teacher, he's way too thin-skinned and is probably guilty as fuck that's why he's overreacting so strongly.

"Sometimes insanity is the only alternative" -- button at a Science Fiction convention.