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Comment Lawyers (Score 0) 250

When lawyers get involved, things get expensive and innovation suffers. Just look at light aviation and the price of a new Cessna 172 a half million dollars for something that a competent kit builder can put together for $60K.
The only upside is that cheap electronics from China will disappear.

Comment Think wealthy (Score 0) 325

Bottom line is to get off zero. Indeed, get off negative because the annual loss of purchasing power is much higher than interest rates.
So find an asset that appreciates steadily, like Bitcoin's over its repeating four year cycle always has, and borrow 10% of its gain every year. That way it can drop 85% and you will not get a "margin call". And the money that you borrow against the asset to fund your lifestyle is not taxable. Think wealthy.

Comment Drone (Score 1) 204

Today's drones are 'extreme geek'. Having upwards of 12 microprocessors, flight controller, radios. GPS, gyros, accelerometers, barometer, magnetometer...

That's why you should get your kid a drone kit of parts. Plus all of the tools, soldering iron, hand tools, volt meter, shrink tubing, wire, etc.

Comment Linux (Score 0) 143

I have written software for the Zumwalt DDX-1000 propulsion,the DDG Arleigh Burke class, and several aircraft carriers. The level of DDX-1000 Linux based software complexity is astounding compared to the Windows-based code of its predecessors. Linux was supposed to save money. LOL

Comment Bankers (Score 0) 581

Nobody has mentioned the obvious reason why Madison was retained on our currency, but Jackson removed.

Bankers. Madison was the quintessential prototype of a central banker while Jackson was their reviled enemy after having dissolved the Second Bank of the United States.

In 100 years the Federal Reserve has destroyed the savings of millions, and even now is stepping up the pace through plans for negative interest rates.

Comment Re:American Wage Slaves are an Even Better Value (Score 1) 1313

And why did Nixon float the dollar in 1971 ? Inflation starting with the Vietnam war eventually caused France and others to demand gold in exchange for inflated dollars. We HAD to build a finance industry to sell the escalating debt - bonds which have been inflating the dollar ever since. After forty years it has caught up with us - the excess of debt growth over GDP growth has finally precipitated an endgame. There is one person in the country who clearly shows the destructive divergence of this exponential math - Karl Denninger (tickerforum.org). His message remains silenced by politicians and their enablers desperate to continue the ponzi scheme.

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Understanding is always the understanding of a smaller problem in relation to a bigger problem. -- P.D. Ouspensky

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