easy jobs

On 2/21/20 10:45 PM, dcaster@krl.org wrote:
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:



It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

Just because you believe it does not make it true. I happen to believe that US conservatives think any thing the government does is done poorly and at higher cost than what it should cost.

Dan

None of these guys accepted any payment that I know of, it was a good value:

<https://www.businessinsider.com/extremist-killings-links-right-wing-extremism-report-2019-1>
 
On Saturday, February 22, 2020 at 8:54:48 AM UTC+11, dagmarg...@yahoo.com wrote:
On Thursday, February 20, 2020 at 3:48:45 PM UTC-5, bitrex wrote:
On 2/20/20 2:41 PM, dagmargoodboat@yahoo.com wrote:
On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex wrote:
On 2/19/20 8:33 PM, dagmargoodboat@yahoo.com wrote:

<snip>

The logic of relying on someone who claims to have lived at minimum-wage
level income most of their life, for wealth-management advice, eludes me.

The logic of listening to someone who easily, comfortably, and
successfully saves and invests most of their income over decades,
for investing advice, eludes you?

When that somebody thinks that it is easy and comfortable not to heat their house in winter, the advice they give might not be as generally applicable as they imagine.

It's easy to find senior-citizen winners who construct post hoc analysis
of unverifiable accuracy of how they "won." You can always hit the
target and paint the bulls-eye afterwards.

Much harder to find someone who was living on minimum wage at 20, who
constructed a financial plan of the type suggested and followed it to
the letter, and kept accurate records and documentation of how it played
out over time.

Why spin something so simple into impossibility?

James Arthur isn't aware how far he is from the typical wage earner, and doesn't appreciate how difficult it would be somebody more nearly sane to follow his "simple" prescriptions.

All you have to do is a) earn money, b) don't spend it, c) put it
some place it'll grow.

Not spending it on heating your house in winter isn't usually seen as a rational choice.

> This stuff used to be taught in junior high school. Common sense.

It's a pity James Arthur didn't learn any of that.

It's a lot better than spending all your money then hoping the
federal government will confiscate enough of some young kid's
earnings to support you, when you're retired and poor.

That's how other advanced industrial countries work. They don't confiscate enough of other peoples income to create any actual problems.

The USA collected 24.33% of its GDP in taxes in 2018.

France collected 46.9% - mostly as valued added tax rather than income tax..

Sweden - which does tax incomes fairly heavily - collected 43.9%.

The Netherlands collected 38.75% and Germany 38.19%.

France isn't a great place to be poor. Sweden Germany and the Netherlands all offer rather better quality of life than the USA, more social mobility and a whole lot of the other advantages that come from have a more equitable income distribution than the US can manage.

James Arthur wouldn't take home as much of the income he doesn't spend if he lived there, but he'd probably live longer.

<snip>

Rather like the claim that CO2 injected into the atmosphere causes
average planetary temperatures to increase to dangerous levels,
statements of this type are clearly unverifiable. I'm something of a
skeptic, myself.

As a matter of fact I could very likely prove every bit of it, since
I still have nearly all my records.

Another reason why he's not a good example of what anybody could do (if they were as odd as he is).

But it's not about me. Whether or not it befuddles you doesn't matter
to your more basic error: if a person in society isn't able to produce
and save enough for himself, government taking his labor from him in
his youth can't fix that. Government forcing him to support retired
people while he himself is young, doesn't fix that. Government taking
from one man who earned it and giving it to another man who didn't,
can't fix that either. The math doesn't work.

For somebody as odd as James Arthur, the math doesn't work. Worked out over real populations of real people, James Arthur's math doesn't work for them..

James Arthur doesn't seem to be conscious of the fact that taxes pay for a whole lot more than retirement income - particularly in countries that do concentrate rather harder on maximising the performance of the population as a whole.

Providing enough welfare to let the children of single parents do as well as the children of couples (which Sweden seems to manage) lets them grow up to be just as productive as the children of people who have had better luck in their relationships. Universal education funded by the country as a whole - as opposed to tiny local school districts - means that bright kids from poor families are more likely to perform to their potential, and grow up to be correspondingly more productive.

Other advanced industrial countries have more social mobility than the US, where income is as heritable as height. People like James Arthur are unsympathetic to the idea of paying higher taxes to let the children of the poor compete more effectively with their kids for the best jobs, but miss the point that having those jobs done by more competent people makes the country as a whole more prosperous.

Government taking from some and handing out to others doesn't create
prosperity, more production for everyone to share. It creates less,
which means less for everyone.

It creates poverty.

James Arthur does think that. It's the kind of irrational nonsense propagated by right-wing think tanks, who tell the rich what they want to hear.

--
Bill Sloman, Sydney
 
On Saturday, February 22, 2020 at 11:26:13 AM UTC+11, blo...@columbus.rr.com wrote:
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:


It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

I have read this 5 times trying to understand it. I will now down a couple of shots of whiskey and try again. (trying to get into the same mindset as the writer)

Conservatives don't understand much, and are rather prone to ignoring ideas that are too complicated (or too distasteful) for them to follow as irrational and incomprehensible.

Bitrex wants to see condemning the poor to inadequate education, poor housing, and dubious (and expensive) health care as a device for exterminating them.

This is unrealistic. US conservatives want to have enough of the poor around to work in their factories - though poor people overseas are cheaper - clean their houses and weed their gardens. They don't need all that many of them at the moment, and while some them have noticed that some of the children of the poor can be clever enough to outperform their kids in demanding a and well-paid jobs. they see them more as competitors than as useful employees.

Extermination is too strong a word. Decimation is closer to the mark.

--
Bill Sloman, Sydney
 
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:
It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

Just because you believe it does not make it true. I happen to believe that US conservatives think any thing the government does is done poorly and at higher cost than what it should cost.

Dan
 
On 2/21/20 10:49 PM, Bill Sloman wrote:
On Saturday, February 22, 2020 at 11:26:13 AM UTC+11, blo...@columbus.rr.com wrote:
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:


It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

I have read this 5 times trying to understand it. I will now down a couple of shots of whiskey and try again. (trying to get into the same mindset as the writer)

Conservatives don't understand much, and are rather prone to ignoring ideas that are too complicated (or too distasteful) for them to follow as irrational and incomprehensible.

Bitrex wants to see condemning the poor to inadequate education, poor housing, and dubious (and expensive) health care as a device for exterminating them.

Well actually I think they would prefer in an "ideal world" to just go
house to house, kicking in doors and putting large amounts of automatic
weapons fire into everyone who's not a white wingnut in the service of
the construction of a one-party apartheid state under a leader like
Donald Trump with absolute power.

What you speak of is considered a poor but workable substitute until the
day the ideal becomes more feasible.

This is unrealistic. US conservatives want to have enough of the poor around to work in their factories - though poor people overseas are cheaper - clean their houses and weed their gardens. They don't need all that many of them at the moment, and while some them have noticed that some of the children of the poor can be clever enough to outperform their kids in demanding a and well-paid jobs. they see them more as competitors than as useful employees.

Extermination is too strong a word. Decimation is closer to the mark.
 
On Friday, February 21, 2020 at 7:26:13 PM UTC-5, blo...@columbus.rr.com wrote:
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:


It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

I have read this 5 times trying to understand it. I will now down a couple of shots of whiskey and try again. (trying to get into the same mindset as the writer)

That requires beating your head against a concrete block wall for at least 12 hours a day. He is projecting on others what he would like to do.
 
Michael Terrell <terrell.michael.a@gmail.com> wrote in
news:f303295e-7e9d-400c-ba31-14271215d8c1@googlegroups.com:

On Friday, February 21, 2020 at 7:26:13 PM UTC-5,
blo...@columbus.rr.com wrote:
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:


It's a nice sentiment. Problem is I believe US conservatives
are habitual manipulators and pathological liars, who will say
anything to get the kind of government they like best, which is
one where the government exterminates their enemies for them.

I have read this 5 times trying to understand it. I will now
down a couple of shots of whiskey and try again. (trying to get
into the same mindset as the writer)


That requires beating your head against a concrete block wall
for at least 12 hours a day. He is projecting on others what he
would like to do.

Beating DJT's head against a concrete block would not require 12
hours to get results.
 
"dcaster@krl.org" <dcaster@krl.org> wrote in
news:f3df80c7-f650-48c2-8e80-4db3f857989a@googlegroups.com:

On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex
wrote:


But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home
from a dear deceased aunt, there's a further wrinkle which is
that at no time during the past 100 years over any particular 45
year period you select has any index fund provided an average ROI
better than 3.5 to 3.8%.



Can you post a cite for the above? The ROI seems awful low.

Dan

I was watching YT videos of '70s commercials, and there was a bank
advertizing that you could double your money in nine years.

I wondered what the interst rate was on those accounts.
 
On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex wrote:

But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home from a
dear deceased aunt, there's a further wrinkle which is that at no time
during the past 100 years over any particular 45 year period you select
has any index fund provided an average ROI better than 3.5 to 3.8%.

Can you post a cite for the above? The ROI seems awful low.

Dan
 
On 2/22/20 9:36 AM, DecadentLinuxUserNumeroUno@decadence.org wrote:
"dcaster@krl.org" <dcaster@krl.org> wrote in
news:f3df80c7-f650-48c2-8e80-4db3f857989a@googlegroups.com:

On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex
wrote:


But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home
from a dear deceased aunt, there's a further wrinkle which is
that at no time during the past 100 years over any particular 45
year period you select has any index fund provided an average ROI
better than 3.5 to 3.8%.



Can you post a cite for the above? The ROI seems awful low.

Dan


I was watching YT videos of '70s commercials, and there was a bank
advertizing that you could double your money in nine years.

I wondered what the interst rate was on those accounts.

The problem is compound interest cuts both ways. It works quite well if
the year over year returns is always even very modestly positive. The
real stock market doesn't work that way, and if you get a run of bad
negative years you start compounding your losses.

A savvy investor who directly managed their own funds would get the hell
out of Dodge when that started happening, even into something "safe"
like T-bills or hard currency funds or the bullets, smokes & gold fund
if it looked really poor. Not quite as easy to do in short order if your
IRA or 401k is heavily loaded in index funds and you're not the one
managing it.
 
On 2/22/20 8:56 AM, dcaster@krl.org wrote:
On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex wrote:


But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home from a
dear deceased aunt, there's a further wrinkle which is that at no time
during the past 100 years over any particular 45 year period you select
has any index fund provided an average ROI better than 3.5 to 3.8%.



Can you post a cite for the above? The ROI seems awful low.

Dan

I'm trying to find the MIT(?) study I read on the topic, in the meantime
here are some decent reading:

<https://themoneyadvantage.com/real-rate-of-return-average-is-not-real/>

Another good (and long) discussion about many issues with
securities-based retirement funding going down the road:

<https://www.nber.org/papers/w19930.pdf>

The error in my statement I believe was I used the term "average ROI"
IIRC where the 3-4% figure comes from is they were looking at the real
ROI by running hypothetical portfolios across all possible 40-year time
frames.

The section in the first link "Losses are More Powerful Than Gains" is
important I think.

The graph of quarterly/yearly ROI bounces around sort of like a Brownian
motion/random walk each compounding period, so your return for each
compounding period is a random variable. Sometimes it's negative,
sometimes very badly negative.

Realistic compound interest is then a product of random variables
because you're putting a random variable in each term of the time series
like stochastic differential equation:

<https://en.wikipedia.org/wiki/Stochastic_differential_equation>

And as such I don't think you can just take the average of the returns
over some period, see it's say 7%, and shove that number in the trusty
equation:

A = P(1 + \frac{r}{n})^{nt}

and expect to come up with a meaningful result for the real ROI over a
period like 40 years either past or future; as the expectation value of
a product of random variables is not in the general case the product of
the expectations except when they are IID. index fund return histograms
may be very similar to IID over short time-frames like days or months
but I don't think there's evidence that they look IID over timeframes
like half a century.
 
On Saturday, February 22, 2020 at 8:56:28 AM UTC-5, dca...@krl.org wrote:
On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex wrote:


But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home from a
dear deceased aunt, there's a further wrinkle which is that at no time
during the past 100 years over any particular 45 year period you select
has any index fund provided an average ROI better than 3.5 to 3.8%.



Can you post a cite for the above? The ROI seems awful low.

Dan

I tried to find the original article and failed. But did find

https://dqydj.com/sp-500-returns-calcuator It has a interactive calculator that will let you see what return you would get from the S & P. It gives a lot higher figures than 3.5 %.

Dan
 
On Fri, 21 Feb 2020 18:21:40 -0500, bitrex <user@example.net> wrote:

On 2/21/20 5:17 PM, dagmargoodboat@yahoo.com wrote:
On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

If you want to help someone, don't consign them to some bureaucrat,
just help them. If you see some trash, pick it up. If the storm
drain's clogged, unclog it.

That's common in my neighborhood, and I dearly love it.

Cheers,
James Arthur


It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

Read this:

https://www.amazon.com/Who-Really-Cares-Compassionate-Conservatism/dp/0465008232/ref=sr_1_3?keywords=book+who+really+cares&qid=1582572812&sr=8-3


Of course you won't, because it would eliminate some of your
motivations to hate.



--

John Larkin Highland Technology, Inc
picosecond timing precision measurement

jlarkin att highlandtechnology dott com
http://www.highlandtechnology.com
 
On Fri, 21 Feb 2020 14:17:07 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

Wanting to do things yourself is basically the definition of
"conservative."

Wanting to tax someone else, and force yet someone else do what you
want done, is basically the definition of "progressive."

--

John Larkin Highland Technology, Inc
picosecond timing precision measurement

jlarkin att highlandtechnology dott com
http://www.highlandtechnology.com
 
On Tuesday, February 25, 2020 at 7:07:49 AM UTC+11, John Larkin wrote:
On Fri, 21 Feb 2020 14:17:07 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:

<snip>

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

Wanting to do things yourself is basically the definition of
"conservative."

If you can see something that needs doing, and do it yourself, it doesn't take much thinking about. Conservatives don't like thinking.

Wanting to tax someone else, and force yet someone else do what you
want done, is basically the definition of "progressive."

It's the definition of "progressive" that conservatives like.

The more rational approach acknowledges that if you want to have a nation composed of a lot citizens, some of them living a long way away, you have to set up population-wide monitoring - bureaucrats - and population wide assistance (more bureaucrats) which have to be paid for by taxes (in the same way that you pay for population-wide military defense).

Conservatives pay more attention to the taxes (which come out of their pockets) than they do to the services being provided (until they get to benefit).

--
Bill Sloman, Sydney
 
On Mon, 24 Feb 2020 21:07:39 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Monday, February 24, 2020 at 3:07:49 PM UTC-5, John Larkin wrote:
On Fri, 21 Feb 2020 14:17:07 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

Wanting to do things yourself is basically the definition of
"conservative."

Wanting to tax someone else, and force yet someone else do what you
want done, is basically the definition of "progressive."

A 'progressive' is someone so generous, they'll give you the shirt
off everyone else's back.

Cheers,
James Arthur

One problem is that some people think they can understand chaotic
social systems, can predict the future, and can predict the
consequences of their policies. So they want control that they can
never have. Their real appetite isn't for progress, it's for power.

Marx defined capitalism as the power of capital, machines and money,
the "means of production." He didn't understand that, even in the
earliest days of industrial society, the means of production is ideas.

The only way to find out what ideas work is to let lots of people try
lots of things and see what happens. Central control crushes new ideas
and amplifies bad ones.

Our 50 states can try 50 sets of ideas too, and see what works.

I don't like "capitalism." I prefer "competitive economy."

Ditto "progressive" and "control freak."




--

John Larkin Highland Technology, Inc

The cork popped merrily, and Lord Peter rose to his feet.
"Bunter", he said, "I give you a toast. The triumph of Instinct over Reason"
 
On Monday, February 24, 2020 at 3:07:49 PM UTC-5, John Larkin wrote:
On Fri, 21 Feb 2020 14:17:07 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

Wanting to do things yourself is basically the definition of
"conservative."

Wanting to tax someone else, and force yet someone else do what you
want done, is basically the definition of "progressive."

A 'progressive' is someone so generous, they'll give you the shirt
off everyone else's back.

Cheers,
James Arthur
 
On Friday, February 21, 2020 at 6:21:44 PM UTC-5, bitrex wrote:
On 2/21/20 5:17 PM, dagmargoodboat@yahoo.com wrote:
On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

If you want to help someone, don't consign them to some bureaucrat,
just help them. If you see some trash, pick it up. If the storm
drain's clogged, unclog it.

That's common in my neighborhood, and I dearly love it.


It's a nice sentiment. Problem is I believe US conservatives are
habitual manipulators and pathological liars, who will say anything to
get the kind of government they like best, which is one where the
government exterminates their enemies for them.

That's your excuse for not pitching in? That's weird. And irrational --
whatever you imagine other people do, you could still pitch in.

Besides, Bernie bros are the ones shooting congressmen. Conservatives
are the ones picking the trash up after their rallies.

I believe in the American experiment in self-government -- a distributed
government run mostly locally by the people themselves. I consider
my fellow citizens as generally good and wise co-owners of the country
we all run together. I don't mind if they're armed -- why would I? I
trust them.

You want a central government to oversee & control your inferior
fellow citizens (whom you do not trust to manage their ordinary
affairs, much less to vote and run the country). You'd have said
central government pacifying these untrustworthies with freebies
and essentials, which the love-based central government would
confiscate from evil tycoons (and irredeemable deplorables).

It's the latter theory that denigrates, considers fellow citizens
enemies & untrustworthy, disarms them, and wipes 'em out, generally.

Cheers,
James Arthur
 
On Tuesday, February 25, 2020 at 4:39:59 PM UTC+11, jla...@highlandsniptechnology.com wrote:
On Mon, 24 Feb 2020 21:07:39 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Monday, February 24, 2020 at 3:07:49 PM UTC-5, John Larkin wrote:
On Fri, 21 Feb 2020 14:17:07 -0800 (PST), dagmargoodboat@yahoo.com
wrote:

On Thursday, February 20, 2020 at 10:48:07 PM UTC-5, bitrex wrote:
The personally-charitable but socially-uncaring conservative is an odd
duck. Performing these acts of generosity like driving errands for ill
neighbors I assume at no cost to them, while one must surely be
conscious that there are thousands of other people in a similar position
who have nobody to help them. Nobody to help with their own as-difficult
situation or "help them help themselves" as the saying goes.

Again, you're rationalizing and over-complicating the situation.

Someone needed help, so I helped them. If we all pitch in, we can
help everyone.

Will James Arthur do all the work for them himself, too? If he won't
take on the responsibility for all of them then who; all the generally
deeply-caring Americans out there? Or do his daily good works, kick back
and vote Republican, and tell himself everything would fix itself if
only liberalism didn't exist, "I've done my part." But
they're not suffering 40 years from now it's happening right this minute.

I'm OK with the government handling the difficult cases and providing
for them. I don't have a martyr complex.

But doesn't that boil down to you wanting other people to do it, and
pay for it too?

Wanting to do things yourself is basically the definition of
"conservative."

Wanting to tax someone else, and force yet someone else do what you
want done, is basically the definition of "progressive."

A 'progressive' is someone so generous, they'll give you the shirt
off everyone else's back.

One problem is that some people think they can understand chaotic
social systems, can predict the future, and can predict the
consequences of their policies.

John Larkin has a rather imperfect idea of how chaotic systems work. He thinks that chaotic means random, when chaotic systems tend to cycle through highly stereotyped states in a way that isn't entirely repetitive.

You can't predict exactly what they will be doing at a given moment, but you can have a pretty good idea over a quite a while. The solar system is chaotic, but pretty predictable over periods shorter than a bout a million years.

Weather is chaotic over periods longer than about ten days, but climate is remarkably predictable from year to year (until it flips from ice age to interglacial, or some ape starts digging up fossil carbon and burning for fuel on a really large scale).

So they want control that they can
never have. Their real appetite isn't for progress, it's for power.

There are certainly power hungry people involved, but the smarter one have noticed that they get more power if they deliver on their promises.

Marx defined capitalism as the power of capital, machines and money,
the "means of production." He didn't understand that, even in the
earliest days of industrial society, the means of production is ideas.

You can't produce anything if you don't know what you want to produce, but having the clearest possible idea doesn't create a product on it's own.

Marx did emphasise that control over capital, machines and money was important, but the trade union movement exists to emphasis that the people who work the machines are no less important.

The only way to find out what ideas work is to let lots of people try
lots of things and see what happens. Central control crushes new ideas
and amplifies bad ones.

And of course Marx liked central control - the leading role of the party - and the rest of the socialist movement thought that he was nuts, and slung him out in 1871. At the time Mikhail Bakunin said

“If you took the most ardent revolutionary, vested him in absolute power, within a year he would be worse than the Tsar himself.”

which turned out to be a prophetic observation.

Democratic socialism isn't about central control, it's about keeping the free market from sliding off into cartels and monopolies (as does if you don't keep an eye on it - even the US has Anti-Trust Legislation and the Sherman Act dates back to 1890 (just seven years after Marx had died, and quite a while before his party got the "leading role" it sought and made a mess of).

> Our 50 states can try 50 sets of ideas too, and see what works.

Unless the Confederancy wants to try to secede.

> I don't like "capitalism." I prefer "competitive economy."

People with lots of capital don't like competing - monopolies can be much more profitable.

> Ditto "progressive" and "control freak."

"Progressive" means wanting to make things work better. "Control freaks" want to make thing work the way they think they ought to. Quite a few control freaks think that their ideas are progressive, but even more think that their ideas are conservative.

If you can't tell the difference between communism and democratic socialism, you don't actually know enough to have any kind of useful opinion.

--
Bill Sloman, Sydney
 
On Saturday, February 22, 2020 at 8:56:28 AM UTC-5, dca...@krl.org wrote:
On Wednesday, February 19, 2020 at 11:27:01 PM UTC-5, bitrex wrote:


But even assuming someone making minimum wage with a much better
position than most, like say inherited a modest one bedroom home from a
dear deceased aunt, there's a further wrinkle which is that at no time
during the past 100 years over any particular 45 year period you select
has any index fund provided an average ROI better than 3.5 to 3.8%.



Can you post a cite for the above? The ROI seems awful low.

Dan

I used this reference:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html

$9,105.08 invested in 1982 was worth $502,417.21 in 2019.

That's a 55.17-fold increase in 37 years, an annualized return of 11.4%.
(1.11448 ^ 37 = 55.2).

Have I missed something?

But any positive return will always beat the return of government
taking your money and spending it on retired people when you're
young, then hoping they'll take some new youngsters' money and
give it to you when you retire.

Cheers,
James Arthur
 

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