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Comment: Re:Spending cuts one way or another (Score 1) 228 228

The reality is that the USA will never have trouble 'selling' its bonds, because the federal reserve just buys them if nobody else will or it wants to drive down interest rates

- I absolutely agree with you, which is why the bond collapse will happen as the result of the currency crisis, which will result from this inflation.

Essentially the fed, ECB, BoE are saying to savers go and spend your money, stop hoarding it. But savers are not listening so aggregate demand is still broken.

- of-course people don't want to spend on bonds and stocks that is the 'demand' we are talking about, let's be clear about it. People are not buying the bonds and stocks that governments want to see selling.

The reality is that the inflationary policy is destroying the economy and a destroyed economy will collapse in its own right, the currency collapses because of the government spending that the mob wants and the economy collapses due to this gigantic misallocaiton of resources. The currency collapse triggers the bond market collapse, since bonds are currency promised in the future.

Japan is stagnating specifically because it is inflating like the USA but its currency is NOT the so called 'reserve', and so the inflation that Japan is producing stays within its own borders, it's absorbing its own inflation and destroying its own economy.

The USA is using the status of the 'reserve currency' to spread the misery around, spreading inflation is national past time, the biggest USA export is its inflation, which creates inflation everywhere else before taking home back to the USA. This is happening of-course anyway, it's manifesting itself as destruction of the productive sector, gigantic real unemployment, class warfare, bubbles in everything everywhere.

The 0% Fed's interest rate for 7 years put USA economy on the inflationary needle and this drug will not be kicked without a huge collapse first, no junkie kicks his habit before hitting the rock bottom.

The clear best answer for the economy in general is free market and removal of government from money and interest rate manipulation, abolition of the welfare state and restructuring of all debts. Whether saving is worth more than borrowing is a question to the healthy free market, something that USA lost long ago.

Comment: Re:Spending cuts one way or another (Score 1) 228 228

Ha ha, what a funny comment.

Money is
1. Store of value.
2. Means of exchange.
3. Unit of account.

I understand that it's way above your head, since you believe money to be CREATED by government, which is absolute, unadulterated, pure 100% nonsense that leads to disasters like Greece, like Zimbabwe, like USSR and hundreds of others.

Government cannot create money any more than government can create anything and it does not create anything of any productive value and it shouldn't.

Money comes into existence when new goods are produce that people are willing to exchange for, in that case money comes into existence through deflation of money supply with regards to the total productive output.

Money comes into existence when people decide what it is that they actually want to exchange in and store value in and what is easy to count, divide, add, subtract, which is why gold is money.

Money does not come into existence by any government magic or by any other form of magic, that is true, the only thing that government 'magic' (or fractional reserve magic for that reason) can do is take value from existing assets and redistribute it by lowering asset values. This trick really only works if the government has a monopoly on that type of asset, which is why government sets up counterfeiting laws that prohibit competition to the counterfeiting operations that government is running whenever it turns on the printing press.

The real USD existed when in fact IT WAS AN IOU, it was a banknote issued by the bank who promised to deliver gold upon receiving the note.

What governments do is not money creating, what governments do is price controls, exchange controls, inflation and theft, but they cannot create money. A government can dilute the value of all money in existence but it cannot create money, it cannot add net value into the system, it can only subtract net value.

An organization that is capable of adding net value into the system runs a profitable business, not a government, which lives on coercion backed by deadly force.

Anyway, I am sure this is either completely above your head and/or completely against your propaganda.

Comment: Spending cuts one way or another (Score 4, Interesting) 228 228

This 'no' vote self-imposes the spending cut that Greece hates to see but the 'yes' vote also imposes the spending cut. There is no way to avoid a spending cut for Greece.

Austerity is a strange word, it sounds sterile, it has strange connotations. The correct term is spending cuts.

You cut spending if you cannot afford what you are spending on and when you cannot borrow to spend either and in case of chronic offenders the sooner the creditors realize what they are dealing with the healthier for everybody. It's healthier for the spender, who has to come to terms of the impossible situation he is in and it is healthier for the creditor, who will avoid losing even more money. It is healthier for the overall economy not to have welfare State system in the first place, to have people consume based on what they produce and not based on what can be taken from somebody else without any form of repayment.

Real money does not come into being by magic, it is not printed into existence, it is not magically created on a computer. Real money is the result of productive activity, where the word 'productive' really means that something is being produced that others are voluntarily willing to trade for in a way that is sustainable for both, the producer and the consumer.

The world has been playing with fire for the last 100 years with everybody being on fiat, it's been playing with a gigantic fire since the USD became uncontrollably inflationary due to it not being backed by any production (USA has been running half a Trillion USD trade deficit for over a decade now) nor by any money reserves (USD is not backed by gold, Nixon defaulted on the dollar back in 1971, and that's how these problems of inflationary policies and welfare state accelerated).

USA has its own version of what is Greece experiencing right now, that's what 'debt ceiling' is. Many believe that USA can simply print bonds and sell them and get out of jail free, however this only works as long as somebody buys those bonds and the bond market is the biggest bubble of all. USA will have its own currency crisis and bonds are currency promised into the future, so that will also collapse.

As Germany now refuses to just pour money into this bottomless pit called Greece, people will refuse to just pour money into the bottomless pit called USA and that will be even more interesting to observe.

Everybody who tells you 'austerity does not work' are full of it. Austerity means you are not spending money you didn't earn and especially where it concerns consumption rather than investment, and ALL things that people want government to spend on are consumption and not investment, so the important distinction is this: government must be austere, only government austerity can reallocate the scarce resources to people, who will rebuild the economy.

In the long run Greece is better off because of this spending cut, it will learn to live within its means and maybe to produce more and it will have a healthy economy. But like any alcoholic or drug addict apparently it will have to hit the rock bottom before it will reform.

Comment: TLSv1.0 too... (Score 1) 53 53

Doing some some PCI compliance certification stuff and a scan shows that the site is not compliant, the reason being that TLSv1 is supported. Turning TLSv1 off kills off support for a number of older browsers, all types of browsers.....

(nginx)

    server {
        ssl on;
        #ssl_protocols TLSv1 TLSv1.1 TLSv1.2;
        ssl_protocols TLSv1.1 TLSv1.2; .....
        }
    }

Now I am trying to figure out what to do about this problem, how to detect the clients that do not support TLSv1 and to redirect them to a simple html page instead of the clients pretty much receiving 'connection reset by server' error.

No dice so far, but I thought this was only supposed to happen a year from now (June 2016, not 2015), oh well.

Comment: Re:Fucking Lawyers (Score 2) 181 181

My position on copyrights and patents was always the same: abolish all patents and copyrights and prevent government from providing monopolies with these laws.

Basically this is nearly the ultimate absurd result that we are seeing here and it probably can even get worse. You want to build a road somewhere? Well, you are violating a copyright on other people building horizontal surfaces to allow circular wheels (and legs I suppose) to run on them. You want to build a house? Are you going to have a roof? Foundation? Walls? Windows? Doors? Fucking copyright violator. Absurd, isn't it? Or is it really absurd to expect that ruling like that can actually be passed given the fact that it is a government entity that can pass that ruling and given that governments are already given authority to rule on these issues?

No, the real solution is not even about money exchanging hands (though I wouldn't be surprised in case of Oracle), it is about the power that governments have over our heads, and this power is as insane as it is absurd.

No company or person should be given government protected monopoly on anything, including any invention, copyright, whatever. That's not how evolution works, that's not how cultures worked and still keep working. That type of power is destructive, not constructive in any way. Let the people and companies decide how to provide their services and products in a world that does not automatically protect them from any type of competition. At the very least this cannot be a power granted to government, deal with these issues on contract basis and using trade secrets if you must.

Anyway, I can only leave 1 or 2 comments here now given that 24 hours passed since my account's 'karma' was obliterated again by moderators who want to make sure I cannot reply to comments made to me, so don't expect many comments here either.

Comment: Re:Fucking Lawyers (Score 1) 181 181

You mean in the same way that a manufacturer of a spoon "illegally copied" information about a human mouth?

In the same way that a road construction crew "illegally copied" information about wheels being round?

In the same way that a manufacturer of a catheter "illegally copied" information about urethra?

This is API, API is information about CONNECTING pieces together, it is a contract information, definition of connectivity, not implementation details.

This is not a problem that is just related to Java somehow either, this concerns everything, every language, nearly every field and industry.

Comment: Re:"Are" or "could be"? (Score 0) 104 104

1. Who says 'my business' is causing a disturbance? Do you generally know which hotel somebody stays in if they are running around drunk on the street?

2. I don't believe for a moment that there is an actual problem of that type, most people sleep at night and I am almost completely sure this entire fucking article is a gigantic exaggeration like pretty much everything else that pops into the media.

3. Hotels being in so called 'commercial districts' does not change the hotel customers being drunk 1 block away from the hotel, beside which hotels are mostly located near private housing anyway, not in factory or warehouse zones.

4. By my standards there is no question at all, I am completely against all government involvement into any business and money, so no, by my standards this is a cut and dry case of government oppression. You are the one full of shit, hotels are located near other houses and buildings all the time and their clients can get drunk and noisy anywhere at all, be it a city or a beach or transit or whatever.

Comment: Re:"Are" or "could be"? (Score 0) 104 104

A bunch of nonsense. Somebody got drunk and noisy, so what? People living in those houses never drink? Never get noisy? People don't leave hotels and don't get noisy and drunk? Are hotels covering tourist behaviour outside of hotel premises? You are full of shit, just like this entire case.

Comment: Re:Require licenses for commercial driving or not? (Score 1) 177 177

I don't need Somalia for any so called examples, my own country of birth has a deep history of freedom fighters, anarchists of various kinds who managed for years to stave off much larger forces from East and West. Of course lately another fight started and we will see how this goes. I am an anarcho capitalist, objectivist, and your childish leaning towards limited government is of no interest to me. How I deal with the reality around me is not for most people either.

Comment: Re:"Are" or "could be"? (Score 2) 104 104

First: it is false to assume people don't have insurance just because they did not pay for a government license.
Second it is false to assume that a flat owner is unaware of the risks.
Third not buying insurance does not in any way imply inability to pay for damages should that be necessary.

It is you, who lives in a black and white world, where absence of a government seal means some kind of a problem and presence of a government seal means some type of a guarantee of quality or whatever.

Individuals must be free to make individual decisions and live with any consequences.

Comment: Re: "Are" or "could be"? (Score 0) 104 104

Rethink your assumptions. Anybody not buying insurance is taking a risk but it is a known risk with their own savings, just like anybody choosing airbnb to a hotel. People are taking a risk to minimize their expenses and the establishment fights it via government oppression.

Comment: Re:Require licenses for commercial driving or not? (Score 1) 177 177

You are an ignorant little ass, you have no clue even about your own government system. The USA Constitution talks about the consent of the governed and there is no consent. Beside that, as QN anarcho capitalist, objectivist I reject any notion of limited government power over an individual in the first place.

You are an insult to my intelligence! I demand that you log off immediately.

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