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Comment Re:Diversion (Score 1) 162

Future headline:

Russian leader Vladimir Putin was killed in a freak accident today while crossing the street next to the Kremlin. A fully autonomous prototype Tesla sedan had veered out of control and was speeding through central Moscow side streets at freeway speeds, and it tragically ran over Putin and several of his bodyguards. A defiant Elon Musk issued the following statement: "Our vehicle had nothing to do with this incident. We've analyzed the black box data, and this car was miles away at the airport at the time of the accident."

Comment Re:Resonating with Americans (Score 5, Insightful) 177

If you want "change", you need to know what kind of change. Some changes would be good, some would be worse than the status quo.

The problem with Trump is that he's fighting the last war. Much of the public is afraid because their lively-hoods are in peril. Trump says it's because of immigrants and government corruption. That's no longer the case; it's actually because technology and automation will be putting most jobs on the entire planet in jeopardy within the next few decades.

Trump's proposed solutions would not solve anything, and they're aiming at issues that this country has already successfully dealt with since the 18th century: We've always been a nation with "unsavory" immigration and corrupt politicians, and somehow we've muddled through and even thrived. The actual root cause of the current public angst is an elephant in the room that NO politicians are talking about, even ones from the fringe parites.

So while the status quo isn't ideal, it's better than Trump's disruptive ham-handed proposals which would solve nothing. (And it doesn't help that he's an unhinged megalomaniac on top of it all.)

Comment Re:A UBI can actually foster more jobs (Score 1) 890

Comment Re:Holy flamebait batman! (Score 1) 890

UBI is a modern version of Communism and as all such schemes it will end up in destruction, misery, murder and poverty.

The countries that are 'half way there' are also either getting out of it or they are going towards self destruction, all forms of collectivism end up in economic destruction, some take longer some get there quicker.

Comment Re:Holy flamebait batman! (Score 1) 890

The only thing that has no basis in reality is the idea that UBI will lead to prosperity instead of economic destruction. I explain that UBI is a modern version of Communism and as with all forms of collectivism this one too, will eat itself and the people will end up miserable, oppressed, some will be dead and everybody will be poor.

Comment Re:Ellen Pao (Score 1) 619

Who pays the debts? USA pays the debts? First of all there is no law requiring that USA pays all debts. Secondly USA does not pay any debts, it prints money and buys Treasuries off of the market through the Fed, it does not pay debts, it returns paper that is being devalued with each newly printed (or electronically created) note. Returning paper that is devalued is the opposite of 'paying debts'. USA should pay debts though but it is impossible because USA debts are completely unpayable by the USA economy and can never be paid. Thus USA debts will be defaulted as they were *multiple times*, one very obvious time was when Nixon defaulted on the gold payable by the Fed for US dollars held by foreign governments. This happened in 1971. If you don't understand that USA doesn't pay debts at all that's not my problem, that's your public government education fault.

Defaulting on the unpayable debts in an honest fashion through restructuring and some form of a reduced payment program would be preferable for the USA economy to the collapse based on inflation (money printing) that US government is choosing to go with.

User Journal

Journal Journal: UBI is the modern version of Communism 1

In the last year or so there have been numerous stories on /. on the subject of Universal Basic Income (UBI). Many so called 'libertarians' left a number of comments on how they are supporting UBI because they think it might be more efficient than other forms of welfare.

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