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Comment Approval vote + public financing + tax credit (Score 1) 550

No system can choose a good president out of two horrible runner ups we need real power for third parties/independent candidates. Plus, give $100 tax credit for each election. Will entice poor voters to participate in each local election and then rich will join out of fear of how poor will vote.

Comment Re: Stop calling it "skepticism". (Score 2) 162

The history of greenhouse effect theory is interesting and well worth reading up on. It was first raised as a possibility in the 1890s, but rejected quickly based on two erroneous beliefs: (1) that the oceans would rapidly absorb any increase in atmospheric CO2 and (2) that the absorption spectra of water vapor and CO2 mostly overlapped. Together these implied that CO2 could not increase in the atmosphere, and even if it did it could not capture any heat that water vapor wouldn't have anyway.

There are a lot of twists and turns in the story, which Wikipedia does a pretty good job of summarizing. I highly recommend reading that article.

Comment Re:Ok (Score 2) 58

Let me give a shout out to the London's James Smith & Sons cane shop. A hundred pounds will buy you an umbrella (made in the basement on site) that will be passed down to your distant descendants. When I went there 25 years ago they were still selling sword sticks. I purchased folding model for myself that unfurled to near golf-umbrella proportions. And for the tremendous sum of £140 (which would be £250 today) I bought my wife a magnificent umbrella which she forgot on the subway the first time she used it.

It's worth a visit just to browse. Plus that's the nearest thing to visiting Olivander's Wand Shop that you can do for real.

Comment Re:Enjoy your mass insurrection/civil war, CEOs. (Score 1) 498

My position is that if we get the government out of business, out of money and out of interest rates, allow the people to be free from government oppression, get rid of income and wealth taxes and get rid of government sponsored wars and all other forms of redistribution then the economy can accommodate any number of workers because automation is not free.

Automation is a form of capital investment, some forms of automation are simpler than others. Writing a script to automate server restart and network configuration is much simpler than acquiring a humanoid android capable of arbitrary tasks. It's not impossible, it's just expensive.

A humanoid android will have an upfront cost comparable to other machinery and any company has a choice to incur that cost or to avoid it by hiring some employees and having operational costs as opposed to capital costs.

Capital costs are more difficult to justify for a company anyway because they are much larger than any operational costs. Putting together a fully automated factory takes an effort and a cost, putting together a partially automated factory can be done much faster and the operational costs would be much lower than the initial capital investments into a fully automated factory. Of-course over time more and more could be automated in a factory, my position is that in a free market capitalist system there is no reason why there shouldn't be more factories started by businesses if they had access to some capital savings.

In today's environment there is very little capital savings in the system available to any new businesses, the investments are absorbed by the giant government borrowing and spending machine and the fake ratings provided by the bought rating agencies are not helping the matter, making the government debt look much more attractive than any private investment because it *seems* that government debt is risk free.

Of-course in reality government debt is not simply *not* risk free, it is the riskiest of all assets.

As to communism, obviously it never worked and always caused mass starvation, mass murder, mass oppression, mass suffering. It will not be different in the future, people are not ants, those of us capable of accruing massive amounts of wealth are not doing it to give it all away, they are doing it to build empires, which makes perfect sense, that's our destiny - the most capable of us build empires. Emperors can be charitable but they do not share power and giving away power is a rare thing.

So AFAIC the struggles between those of us who can and those of us who cannot will continue and this struggle and since the masses are unable to accept that they are not the ones occupying the thrones they will always end up revolting.

Of-course in the future revolting against emperors will be as dangerous (if not more dangerous) than in the past. Mass surveillance and robots, drones, automated armies will be able to put down massive revolts.

I think the only way for us not to keep murdering each other is to ensure that our system is based around free market capitalism, because free market capitalism at the very least provides tolerable (and possibly pleasurable) life styles even for people who are not exactly on the top of the highest of pyramids.

Comment Re: Fake news? (Score 1) 364

Ha, funny that you think that having bad credit is OK for somebody with no production capacity. Good luck feeding yourself once nobody takes your money in exchange for their goods anymore. You think you can restart your productivity without any capital savings and without a credit line? Sure, maybe, but it will take extraordinary sacrifice and possibly a deadly war and if your productivity is negative (USA productivity is negative given over twenty years of half a trillion dollars a year trade deficits) then you are not exactly in a position to wage a prolonged war against a productive adversary either.

Comment Re: Better be ready to be beat up when layed off w (Score 1) 498

I think it is perfectly fine that some people will lose their investments, I did lose quite a bit time and again, you move on and do something else.

I realise we are talking about a large percentage of population that may become economically obsolete in some time from now but I actually think that the problem only exists as long as the governments exist and try to 'help' people. Without government oppression labour *is* competitive against many forms of automation, a general purpose android capable of learning and doing what a human can do is not exactly free, it would carry a significant upfront cost, humans can compete, they just will find difficult to compete with the governments 'helping'.

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