OT: UK to move back to imperial units?

On Mon, 5 Aug 2019 06:57:37 -0700 (PDT), George Herold
<gherold@teachspin.com> wrote:

On Sunday, August 4, 2019 at 9:12:50 AM UTC-4, dagmarg...@yahoo.com wrote:
On Saturday, August 3, 2019 at 1:55:42 AM UTC-4, Jan Panteltje wrote:
On a sunny day (Fri, 2 Aug 2019 19:22:04 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
44abf246-d235-4f46-8197-c3b382ad031d@googlegroups.com>:

On Wednesday, July 31, 2019 at 12:22:56 PM UTC-4, Jan Panteltje wrote:

I was reading today that in California now if you want to run for Precedent eeeh president you HAVE to show the taxes
over the last few years.

That won't stand. The Constitution sets the requirements for president,
and California is not allowed to change or add new requirements.

I dunno about all those 'merrican lawsuits,
but it was signed into law by the demoncratetic governor.
The previous governor did not want to sigh it.
it is all over the news:
https://www.smdp.com/california-governor-signs-bill-on-presidential-tax-returns/178060

Are you saying somebody running for Precedent will fight it in court?
California will then likely declare independence
Shortly after followed by Texas, and a few more states.

The previous governor, Jerry Brown, wouldn't sign it because he
(correctly) thought it unconstitutional. But Gavin Newsom went
ahead, so yes, it will certainly be litigated and overturned.

California's gone nuts, and New York, too.
Grin, to paraphrase our Prez, 'there are nuts on both sides'.
But it does seem my state (NY) is going a bit crazy.
I tend to see more of a authoritarian/ libertarian divide than
right/ left. (The only political commentators that make any sense to
me are the libertarian right... there is no libertarian left to be
heard in the MSM.

There is no libertarian left, left. The whack-a-doodle authoritarian
left has put them out on the ice flow.

 

[George Herold]

On Monday, August 5, 2019 at 8:18:03 PM UTC-4, Lasse Langwadt Christensen wrote:

mandag den 5. august 2019 kl. 17.11.59 UTC+2 skrev George Herold:
On Monday, August 5, 2019 at 10:04:26 AM UTC-4, John Larkin wrote:
On Sun, 04 Aug 2019 21:34:00 -0400, krw@notreal.com wrote:

On Sun, 04 Aug 2019 07:33:15 -0700, John Larkin
jjlarkin@highlandtechnology.com> wrote:

On Sun, 4 Aug 2019 06:12:47 -0700 (PDT), dagmargoodboat@yahoo.com
wrote:

On Saturday, August 3, 2019 at 1:55:42 AM UTC-4, Jan Panteltje wrote:
On a sunny day (Fri, 2 Aug 2019 19:22:04 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
44abf246-d235-4f46-8197-c3b382ad031d@googlegroups.com>:

On Wednesday, July 31, 2019 at 12:22:56 PM UTC-4, Jan Panteltje wrote:

I was reading today that in California now if you want to run for Precedent eeeh president you HAVE to show the taxes
over the last few years.

That won't stand. The Constitution sets the requirements for president,
and California is not allowed to change or add new requirements.

I dunno about all those 'merrican lawsuits,
but it was signed into law by the demoncratetic governor.
The previous governor did not want to sigh it.
it is all over the news:
https://www.smdp.com/california-governor-signs-bill-on-presidential-tax-returns/178060

Are you saying somebody running for Precedent will fight it in court?
California will then likely declare independence
Shortly after followed by Texas, and a few more states.

The previous governor, Jerry Brown, wouldn't sign it because he
(correctly) thought it unconstitutional. But Gavin Newsom went
ahead, so yes, it will certainly be litigated and overturned.

California's gone nuts, and New York, too.

Cheers,
James Arthur

But California is prettier and has better weather.

There are very pretty areas of NY (Finger Lakes, Adirondacks,...) but
the weather does suck. Both are off-the-charts nuts, though.

And better bread.

Don't know if I buy that one. I'm not much into bagels but the Italian
is quite good.

George H kindly sent us a book about food chemistry, "Salt, Fat, Acid,
Heat" which calls the Tartine sourdough loaf the best bread in the
world. Is's about a foot in diameter and weighs about three or four
pounds.

https://www.dropbox.com/s/ysgvmabevh1ieeb/Tartine_Sour.JPG?raw=1

Their morning buns are famous too.

Truckee Sourdough is wonderful. The starter was unplanned, whatever
drifted in from the forest.

Mo thinks we we could manage to nab a fresh-baked loaf, pack it in a
cold-pack box, and ship it to George overnight. She works a couple of
blocks from the bakery and could walk it over to my shipping
department.

George, wanna try that?
Grin. Thanks, but it's not necessary. Maybe someday I'll get to SF and you
can treat me to some food. (I'd rather spend my food money on oysters :^)

Here in NY I like the rye bread. Some of my favorite breads were the dark breads
I had in Germany... each town has their own bakery and flavor.


rye bread is pretty much required at lunch here, something like this:

https://i.pinimg.com/originals/19/b6/f4/19b6f4c6f0097ff9b4379deb8531f3be.jpg

liver paste on rye bread with pickled beetroot

if feeling fancy: https://www.judys-delikatesse.dk/CustomerData/Files/Images/Archive/7-sm%C3%B8rrebr%C3%B8d/smorrebrod_2_360.jpg

Huh, the rye bread here is different. It's got a hard crust,
and a bit lighter on the inside. It makes great toasted cheese
sandwiches! I use NY aged cheddar with caramelized onions..

George H.

 

[George Herold]

On Monday, August 5, 2019 at 10:16:32 PM UTC-4, k...@notreal.com wrote:

On Mon, 5 Aug 2019 06:57:37 -0700 (PDT), George Herold
gherold@teachspin.com> wrote:

On Sunday, August 4, 2019 at 9:12:50 AM UTC-4, dagmarg...@yahoo.com wrote:
On Saturday, August 3, 2019 at 1:55:42 AM UTC-4, Jan Panteltje wrote:
On a sunny day (Fri, 2 Aug 2019 19:22:04 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
44abf246-d235-4f46-8197-c3b382ad031d@googlegroups.com>:

On Wednesday, July 31, 2019 at 12:22:56 PM UTC-4, Jan Panteltje wrote:

I was reading today that in California now if you want to run for Precedent eeeh president you HAVE to show the taxes
over the last few years.

That won't stand. The Constitution sets the requirements for president,
and California is not allowed to change or add new requirements.

I dunno about all those 'merrican lawsuits,
but it was signed into law by the demoncratetic governor.
The previous governor did not want to sigh it.
it is all over the news:
https://www.smdp.com/california-governor-signs-bill-on-presidential-tax-returns/178060

Are you saying somebody running for Precedent will fight it in court?
California will then likely declare independence
Shortly after followed by Texas, and a few more states.

The previous governor, Jerry Brown, wouldn't sign it because he
(correctly) thought it unconstitutional. But Gavin Newsom went
ahead, so yes, it will certainly be litigated and overturned.

California's gone nuts, and New York, too.
Grin, to paraphrase our Prez, 'there are nuts on both sides'.
But it does seem my state (NY) is going a bit crazy.
I tend to see more of a authoritarian/ libertarian divide than
right/ left. (The only political commentators that make any sense to
me are the libertarian right... there is no libertarian left to be
heard in the MSM.

There is no libertarian left, left. The whack-a-doodle authoritarian
left has put them out on the ice flow.

Well here I am drifting along. :^)

George H.

 

[Phil Hobbs]

On 8/5/19 6:50 PM, DecadentLinuxUserNumeroUno@decadence.org wrote:

George Herold <gherold@teachspin.com> wrote in news:5186f749-0f70-4595-
a92f-05d5b506b142@googlegroups.com:

Here in NY I like the rye bread.

I too like the pumpernickel.

In Cincinnati and I guess NYC it is still around. In so many cities,
however, I have to pay premium prices for rye, when the flour is not
overtly more expensive.

NY raisin pumpernickel is amazing.

Cheers

Phil Hobbs

 

[Rick C]

On Monday, August 5, 2019 at 12:00:24 PM UTC-4, John Larkin wrote:

On Mon, 5 Aug 2019 06:57:37 -0700 (PDT), George Herold
gherold@teachspin.com> wrote:

On Sunday, August 4, 2019 at 9:12:50 AM UTC-4, dagmarg...@yahoo.com wrote:
On Saturday, August 3, 2019 at 1:55:42 AM UTC-4, Jan Panteltje wrote:
On a sunny day (Fri, 2 Aug 2019 19:22:04 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
44abf246-d235-4f46-8197-c3b382ad031d@googlegroups.com>:

On Wednesday, July 31, 2019 at 12:22:56 PM UTC-4, Jan Panteltje wrote:

I was reading today that in California now if you want to run for Precedent eeeh president you HAVE to show the taxes
over the last few years.

That won't stand. The Constitution sets the requirements for president,
and California is not allowed to change or add new requirements.

I dunno about all those 'merrican lawsuits,
but it was signed into law by the demoncratetic governor.
The previous governor did not want to sigh it.
it is all over the news:
https://www.smdp.com/california-governor-signs-bill-on-presidential-tax-returns/178060

Are you saying somebody running for Precedent will fight it in court?
California will then likely declare independence
Shortly after followed by Texas, and a few more states.

The previous governor, Jerry Brown, wouldn't sign it because he
(correctly) thought it unconstitutional. But Gavin Newsom went
ahead, so yes, it will certainly be litigated and overturned.

California's gone nuts, and New York, too.
Grin, to paraphrase our Prez, 'there are nuts on both sides'.
But it does seem my state (NY) is going a bit crazy.
I tend to see more of a authoritarian/ libertarian divide than
right/ left. (The only political commentators that make any sense to
me are the libertarian right... there is no libertarian left to be
heard in the MSM.

George H.

Monotonically more government has to end badly.

Yes, that's why it is nice that we have two parties that share power. When the Republicans are in power government increases. But when the Democrats are in power government increases. Nice that they compliment so well.

--

Rick C.

---- Get 1,000 miles of free Supercharging
---- Tesla referral code - https://ts.la/richard11209

 

[Rick C]

On Monday, August 5, 2019 at 6:41:46 PM UTC-4, dagmarg...@yahoo.com wrote:

Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

So what sort of mess would we be in if the government had never borrowed the money in the first place? Likely the same mess we would be in if the goverment didn't spend the money it borrows. Oh, you forgot about that part of the equation? Yes, the money is spent. It's not a bunch of money created with nothing pumped into the economy. Loans are just money being spent by someone other than the person providing the loan.

Do you think the enormous mortgage debt is creating the same damn mess as the national debt? They are the same order of magnitude, national debt is a bit less than 3 times the mortgage debt and less than twice the total consumer debt. Are consumers all in trouble? Then there is all the commercial debt, about half again the national debt. Are businesses all lost too?

--

Rick C.

---+ Get 1,000 miles of free Supercharging
---+ Tesla referral code - https://ts.la/richard11209

 

[Rick C]

On Monday, August 5, 2019 at 10:12:06 PM UTC-4, George Herold wrote:

On Monday, August 5, 2019 at 6:30:16 PM UTC-4, dagmarg...@yahoo.com wrote:
On Monday, August 5, 2019 at 9:57:41 AM UTC-4, George Herold wrote:
On Sunday, August 4, 2019 at 9:12:50 AM UTC-4, dagmarg...@yahoo.com wrote:
On Saturday, August 3, 2019 at 1:55:42 AM UTC-4, Jan Panteltje wrote:
On a sunny day (Fri, 2 Aug 2019 19:22:04 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
44abf246-d235-4f46-8197-c3b382ad031d@googlegroups.com>:

On Wednesday, July 31, 2019 at 12:22:56 PM UTC-4, Jan Panteltje wrote:

I was reading today that in California now if you want to run for Precedent eeeh president you HAVE to show the taxes
over the last few years.

That won't stand. The Constitution sets the requirements for president,
and California is not allowed to change or add new requirements.

I dunno about all those 'merrican lawsuits,
but it was signed into law by the demoncratetic governor.
The previous governor did not want to sigh it.
it is all over the news:
https://www.smdp.com/california-governor-signs-bill-on-presidential-tax-returns/178060

Are you saying somebody running for Precedent will fight it in court?
California will then likely declare independence
Shortly after followed by Texas, and a few more states.

The previous governor, Jerry Brown, wouldn't sign it because he
(correctly) thought it unconstitutional. But Gavin Newsom went
ahead, so yes, it will certainly be litigated and overturned.

California's gone nuts, and New York, too.
Grin, to paraphrase our Prez, 'there are nuts on both sides'.

grin

But it does seem my state (NY) is going a bit crazy.
I tend to see more of a authoritarian/ libertarian divide than
right/ left. (The only political commentators that make any sense to
me are the libertarian right... there is no libertarian left to be
heard in the MSM.

On your recommendation, I've been meaning to give Joe Rogan a listen.
Oh, It's 3 hr's but the latest talk with Eric Weinstein is gem.
You could also listen to Eric talk with his boss, Peter Thiel...
TBH that is better than Joe Rogan, for the geeks among us.

Libertarian lefties, our bond with libertarians on the right
is we equally hate the authoritarians on both sides. What are these
people doing? For instance you can't have your cat declawed in NYS
anymore. (mind you I have cats, and would never think of declawing.)
But WTF is NYS doing by banning this? It's similar to abortion, where
both side are crazy, but of course much more serious.

So by the same token you feel female genital mutilation should also not be banned?

--

Rick C.

--+- Get 1,000 miles of free Supercharging
--+- Tesla referral code - https://ts.la/richard11209

 

On Tuesday, August 6, 2019 at 1:36:07 AM UTC-4, Jan Panteltje wrote:

dagmargoodboat@yahoo.com mumbled
Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

Oh US will just rob an other country, I think Venezuela is now
a target, as was Iraq, and they are thinking Iran too, as was
Korea, so many others...

Rob? I don't think we've robbed anyone. Besides, how do you
rob $200T worth of health care and retirement promises from a
third world country? Take their camels?

Cheers,
James Arthur

 

On Tuesday, August 6, 2019 at 12:24:20 AM UTC-4, Rick C wrote:

On Monday, August 5, 2019 at 6:41:46 PM UTC-4, dagmarg...@yahoo.com wrote:

Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

So what sort of mess would we be in if the government had never borrowed the money in the first place?

Why would there be a mess? Promising people things that don't
exist creates the mess. But they don't realize it until later.

> Likely the same mess we would be in if the goverment didn't spend the money it borrows. Oh, you forgot about that part of the equation? Yes, the money is spent.

All government spending is ultimately a tax, money taken from
the economy. Borrowing just delays the bill, a way of hiding
the tax.

> It's not a bunch of money created with nothing pumped into the economy.

Yes actually, that's exactly what it is. That's why they had to create
it. Money represents goods and services. Taxes are when the government
takes some of your goods and services, to spend on a public good (hopefully),
or to give to another person who gets your goods and services without
paying you for them (socialism).

The federal government uses borrowing to create money for goods and
services that it has not yet taken from the citizens. That is, to
promise things it cannot deliver.

Cheers,
James Arthur

 

[Jan Panteltje]

dagmargoodboat@yahoo.com mumbled

Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

Oh US will just rob an other country, I think Venezuela is now
a target, as was Iraq, and they are thinking Iran too, as was
Korea, so many others...
Pity US weapons are such worthless snake oil crap like F35.

China just hit back with no more US agricultural imports.
If that does not bring trump to the negotiating table
then he will not be re-elected.
US is just a bunch of wild cowboys that think they can do to the rest of the world
what they did to the Native Americans, your leader is a nut case Jewish puppet.
It is time the real fight starts and then somebody else, the one that wins, will hold th puppet strings
US technology is way behind.

>Cheers,

Too much alcoholism, drugs, old women in power, cluelessness,
soon to be followed by local warlords and cannibalism, and that thinks it can run the world.

 

On Monday, August 5, 2019 at 10:12:06 PM UTC-4, George Herold wrote:

On Monday, August 5, 2019 at 6:30:16 PM UTC-4, dagmarg...@yahoo.com wrote:

Letting people do what they want in life (freedom, as long as
they don't injure another person), and keep the fruit of their
labors, makes sense to me.

And when it's easy for people to start new things, when you don't
hold them back with boundless & arbitrary blockades, creativity
and innovation flower. Which produces a wealth of innovation &
prosperity for everyone (since these innovations are almost
always aimed at improving someone's life somehow). Just about
every American man-on-the-street I talk to has an idea for some
great invention.

Having a centralized power that directs things, takes one man's
labor and gives it to another man, is both unfair and ripe for
corruption. (A centralized system invites single-point failures,
like, "Oops, we elected a vegetarian with a scrawny mustache.
Now what?" Or, "Gee, I guess those collectivist farms weren't
such a good idea after all.") Those are horrible economically,
and repressive politically. No bueno.

Well I'm a man who thinks there needs to be some regulations,
we can't have person X, fouling the water for everyone down stream.

Sure, that's the part about "as long as they don't injure another
person." That's a proper role of government. Not necessarily a federal
role though; many of those things are best done by states or cities.

Jefferson put thusly "still one thing more, fellow citizens. a wise
& frugal government, which shall restrain men from injuring one
another, shall leave them otherwise free to regulate their own
pursuits of industry and improvement, & shall not take from the
mouth of labor the bread it has earned. this is the sum of good
government;"
--Thomas Jefferson, 2nd Inaugural Address, March 4, 1801

Cheers,
James

 

[Rick C]

On Tuesday, August 6, 2019 at 1:20:33 AM UTC-4, dagmarg...@yahoo.com wrote:

On Monday, August 5, 2019 at 10:12:06 PM UTC-4, George Herold wrote:
On Monday, August 5, 2019 at 6:30:16 PM UTC-4, dagmarg...@yahoo.com wrote:

Letting people do what they want in life (freedom, as long as
they don't injure another person), and keep the fruit of their
labors, makes sense to me.

And when it's easy for people to start new things, when you don't
hold them back with boundless & arbitrary blockades, creativity
and innovation flower. Which produces a wealth of innovation &
prosperity for everyone (since these innovations are almost
always aimed at improving someone's life somehow). Just about
every American man-on-the-street I talk to has an idea for some
great invention.

Having a centralized power that directs things, takes one man's
labor and gives it to another man, is both unfair and ripe for
corruption. (A centralized system invites single-point failures,
like, "Oops, we elected a vegetarian with a scrawny mustache.
Now what?" Or, "Gee, I guess those collectivist farms weren't
such a good idea after all.") Those are horrible economically,
and repressive politically. No bueno.

Well I'm a man who thinks there needs to be some regulations,
we can't have person X, fouling the water for everyone down stream.

Sure, that's the part about "as long as they don't injure another
person." That's a proper role of government. Not necessarily a federal
role though; many of those things are best done by states or cities.

Jefferson put thusly "still one thing more, fellow citizens. a wise
& frugal government, which shall restrain men from injuring one
another, shall leave them otherwise free to regulate their own
pursuits of industry and improvement, & shall not take from the
mouth of labor the bread it has earned. this is the sum of good
government;"
--Thomas Jefferson, 2nd Inaugural Address, March 4, 1801

Even then the politicians were shooting for good sound bites.

--

Rick C.

--++ Get 1,000 miles of free Supercharging
--++ Tesla referral code - https://ts.la/richard11209

 

[Rick C]

On Tuesday, August 6, 2019 at 1:37:31 AM UTC-4, dagmarg...@yahoo.com wrote:

On Tuesday, August 6, 2019 at 12:24:20 AM UTC-4, Rick C wrote:
On Monday, August 5, 2019 at 6:41:46 PM UTC-4, dagmarg...@yahoo.com wrote:

Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

So what sort of mess would we be in if the government had never borrowed the money in the first place?

Why would there be a mess? Promising people things that don't
exist creates the mess. But they don't realize it until later.

You seem obsessed with the idea that borrowing money somehow creates a problem. Borrowing just changes who is spending the money. It is still spent either way. If borrowing creates a problem, then the original possessor of the money spending it would create a problem. What exactly is changing so that something doesn't exist???

Likely the same mess we would be in if the goverment didn't spend the money it borrows. Oh, you forgot about that part of the equation? Yes, the money is spent.

All government spending is ultimately a tax, money taken from
the economy. Borrowing just delays the bill, a way of hiding
the tax.

Why does anyone care who is spending the money??? It is spent either way.

It's not a bunch of money created with nothing pumped into the economy..

Yes actually, that's exactly what it is. That's why they had to create
it. Money represents goods and services. Taxes are when the government
takes some of your goods and services, to spend on a public good (hopefully),
or to give to another person who gets your goods and services without
paying you for them (socialism).

What are you talking about??? Money has to exist for it to be borrowed.

The federal government uses borrowing to create money for goods and
services that it has not yet taken from the citizens. That is, to
promise things it cannot deliver.

Do you actually think about the things you come up with? Or do you just think of things until they "feel" good to you and then you share them with the rest of us?

You literally make no sense. Either people spend their money or it is borrowed and spent by someone else (like the government). EITHER WAY THE MONEY IS SPENT!!! The fact that the government is the one that spends the money doesn't change the matter.

--

Rick C.

-+-- Get 1,000 miles of free Supercharging
-+-- Tesla referral code - https://ts.la/richard11209

 

[whit3rd]

On Monday, August 5, 2019 at 10:37:31 PM UTC-7, dagmarg...@yahoo.com wrote:

On Tuesday, August 6, 2019 at 12:24:20 AM UTC-4, Rick C wrote:

So what sort of mess would we be in if the government had never borrowed the money in the first place?

Why would there be a mess? Promising people things that don't
exist creates the mess. But they don't realize it until later.

This wouldn't be as much of a country without the Louisiana Purchase and Seward's Icebox.
Neither was purchased with cash-on-hand.

 

[Jan Panteltje]

On a sunny day (Mon, 5 Aug 2019 22:44:49 -0700 (PDT)) it happened
dagmargoodboat@yahoo.com wrote in
<a2de5b0a-21be-4e4d-813a-2fdd3e45a7c0@googlegroups.com>:

On Tuesday, August 6, 2019 at 1:36:07 AM UTC-4, Jan Panteltje wrote:
dagmargoodboat@yahoo.com mumbled
Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

Oh US will just rob an other country, I think Venezuela is now
a target, as was Iraq, and they are thinking Iran too, as was
Korea, so many others...

Rob? I don't think we've robbed anyone. Besides, how do you
rob $200T worth of health care and retirement promises from a
third world country? Take their camels?

Those countries, Iraq, Iran, Venezuela are OIL producers.
The only third world country I can think of now is the United States of Mecca , ehh Merrica.
Installing dictators and calling it bringing democracy
imperialism, creating wars far from your bed for weapon testing,
killing your own people by selling guns, a third world country indeed.

 

[John Larkin]

On Mon, 5 Aug 2019 22:37:28 -0700 (PDT), dagmargoodboat@yahoo.com
wrote:

On Tuesday, August 6, 2019 at 12:24:20 AM UTC-4, Rick C wrote:
On Monday, August 5, 2019 at 6:41:46 PM UTC-4, dagmarg...@yahoo.com wrote:

Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

So what sort of mess would we be in if the government had never borrowed the money in the first place?

Why would there be a mess? Promising people things that don't
exist creates the mess. But they don't realize it until later.

Likely the same mess we would be in if the goverment didn't spend the money it borrows. Oh, you forgot about that part of the equation? Yes, the money is spent.

All government spending is ultimately a tax, money taken from
the economy. Borrowing just delays the bill, a way of hiding
the tax.

It's not a bunch of money created with nothing pumped into the economy.

Yes actually, that's exactly what it is. That's why they had to create
it. Money represents goods and services. Taxes are when the government
takes some of your goods and services, to spend on a public good (hopefully),
or to give to another person who gets your goods and services without
paying you for them (socialism).

The federal government uses borrowing to create money for goods and
services that it has not yet taken from the citizens. That is, to
promise things it cannot deliver.

Cheers,
James Arthur

Worse, government takes money - wealth and resources - that would have
been invested, and mostly wastes it. And wastes even more that it
doesn't even have. But still is committed to paying it back.

"Goods and services" are quickly gone and forgotten. Investment in
productive capacity, and in people, and in infrastructure, builds.

"You didn't build that" == "We didn't let you build anything."




--

John Larkin Highland Technology, Inc

lunatic fringe electronics

 

[John Larkin]

On Mon, 5 Aug 2019 22:44:49 -0700 (PDT), dagmargoodboat@yahoo.com
wrote:

On Tuesday, August 6, 2019 at 1:36:07 AM UTC-4, Jan Panteltje wrote:
dagmargoodboat@yahoo.com mumbled
Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

Oh US will just rob an other country, I think Venezuela is now
a target, as was Iraq, and they are thinking Iran too, as was
Korea, so many others...

Kim should own all of Korea, not just the northern half. Spread the
joy!

Rob? I don't think we've robbed anyone. Besides, how do you
rob $200T worth of health care and retirement promises from a
third world country? Take their camels?

Cheers,
James Arthur

Start a HumpBurger chain.


--

John Larkin Highland Technology, Inc

lunatic fringe electronics

 

[Jan Panteltje]

On a sunny day (Tue, 06 Aug 2019 06:53:09 -0700) it happened John Larkin
<jjlarkin@highlandtechnology.com> wrote in
<le1jkelqre6tfmqsg9p9eidfk7r4n5m06u@4ax.com>:

On Mon, 5 Aug 2019 22:44:49 -0700 (PDT), dagmargoodboat@yahoo.com
wrote:

On Tuesday, August 6, 2019 at 1:36:07 AM UTC-4, Jan Panteltje wrote:
dagmargoodboat@yahoo.com mumbled
Right. It took me a few decades to wrap my head around it,
but it amounts to this -- we've handed out $22 trillion
dollars in coupons for merchandise that doesn't exist. (A lot
more if you count Social Security and, especially, Medicare.)

So, necessarily, at some point we'll have a bunch of people
running around with coupons, but not able to cash them in on
all those goodies that never existed.

Oh US will just rob an other country, I think Venezuela is now
a target, as was Iraq, and they are thinking Iran too, as was
Korea, so many others...

And robbed the land from the Native Americans,
do you see a pattern?

Kim should own all of Korea, not just the northern half. Spread the
joy!

I wonder what the happiness is for the N Korean people compared to the US population.
AFAIK they do not have discrimination for example.
They seem to have decent rockets too, and even have a satellite.

 

On Tuesday, 6 August 2019 14:50:49 UTC+1, John Larkin wrote:

Worse, government takes money - wealth and resources - that would have
been invested, and mostly wastes it. And wastes even more that it
doesn't even have. But still is committed to paying it back.

"Goods and services" are quickly gone and forgotten. Investment in
productive capacity, and in people, and in infrastructure, builds.

"You didn't build that" == "We didn't let you build anything."

Some government spending pays back very well. Unfortunately a lot doesn't. We seem to have lost basic sense in government in this respect.


NT

 

Jan Panteltje <pNaOnStPeAlMtje@yahoo.com> wrote in news:qic3oj$unm$1
@dont-email.me:

> AFAIK they do not have discrimination for example.

You are an idiot. N. Korea is 100% North Koreans. That is about as
discriminatory as it gets.

You really have like zero big picture viewing capacity.