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Comment: Irration exuberance ie markets fatal flaw... (Score 1) 336

by mrraven (#30515906) Attached to: Black Soot May Be Aiding Melting In the Himalayas
Yeah the bankers choosing the wrong algorithms to calculate risk on derivatives, a speculative real estate bubble, and no background check loans for houses had nothing to do with the crash right Curunir wolf? Note these actions were all chosen freely by market actors with no government coercion involved whatsoever. Even the Libertarians big hero Alan Greenspan admitted there was a "flaw," after the crash, look it up if you don't believe me. The problem with conservative Libertarians is you guys are all about responsibility until *you guys* fuck up, and then guess what, it's the "gubmints" fault. How about banksters and real estate agents looking in the mirror and manning up about a serious screw up? Too bad tax payers were left holding the bag on that one, I read for 1.4 trillion we could have paid off *all* Americans sub prime mortgages thus preventing Americans from being foreclosed *and* bailing out the banksters sketchy derivatives. Of course that makes too much sense because it benefits everyone as opposed to a chosen few rich people, right?

And note I actually cheer on Ron Paul and Libertarians when they challenge empire abroad, and police state at home and challenge why a private bank the Federal Reserve mints our money, that is all good stuff. Too bad your faith in the 100% rationality of market actors is so misplaced. Hint greed distorts peoples ability to choose rationally during bubbles which occur often, look up "irrational exuberance."

Comment: Mixed markets more sustainable, stable (Score 1) 336

by mrraven (#30514304) Attached to: Black Soot May Be Aiding Melting In the Himalayas
How many people have a choice though when it comes to say MS and their locked in proprietary formats that you may need for work or to communicate with other businesses? The so called "free market," is empirically actually quite a bit less free than idealist Libertarians state it is. Much like Communism pure Libertarianism looks good on paper, and in practice? Not so much...

And p.s. have fun driving on government paved roads, and eating your lunch which is poison free thanks to FDA inspections, and withdrawing money from your government propped up bank because free market capitalists were so Fing stupid about about "commercial paper," while you bitch about the terrible, horrible, government.

Anyone who is actually paying attention to the way the world actually works and who doesn't have an ideological axe to grind realizes a mixed economy that preserves competition, but that also has regulations like Glass Stegall, environmental regulations, and a basic social safety net is more stable, sustainable, and provides a better quality of life for it's citizens. Communism vs. laisez affair capitalism is a false dilemma for neither of those has been shown to work by history. A mix of small businesses, co-op, and regulated big businesses with unions and a social safety net OTOH seem to come through with both the innovation that the market drives and a decent sustainable standard of living for all.

Europe ring a bell?

Hopefully all you net.libertrains.greed.greed.greed learned something about the fallibility of markets in the last 24 month of market crash fail. You so called conservatives do care about stability and prudence don't you ala Edmunde Burke, don't you? Or is your dirty little secret that you call yourself "conservatives" but are really advocates of unstable constant churning change? Make sure to say hi to the kids in Bhopal and Shell's Nigeria the next time you genuflect before large corporations. K, thks, by

Comment: Re:Thanks for telling the truth about Israel (Score 1) 303

by mrraven (#30380928) Attached to: Israeli Knesset Approves Biometric Database Law
That was done before there was international law covering the rules of war and was alas immoral and a done deal, but yes I think we ought to for example give Native Americans more reservation land and compensation for the land stolen from them. As for Texas screw the Spaniards who were *also* land thieves but yes it would be nice if we were moral enough to choose to compensate the native people displaced. As for Israel their *illegal* land theft took place in 1967 well after the rules of wars prohibited nations from annexing land to their territory. That makes this a *legal* case as opposed to the moral case in the case of U.S. land theft. This makes the surviving Israelis leadership both civilian and military from the 1967 war criminals who ought to be prosecuted and locked away, as should the current leadership that illegally annexes land through the separation (apherteid) wall and through settlement expansion. A pox on the state of Israel and all it stands for which it has gained through suffering and commission of crimes. All the American Jews who support this criminal state are also complicit in these crimes IMO. Same for Americans who actively support our own American war criminals BOTH Bush and Obama.

No man is an island, but some of us are long peninsulas.

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