Tag: natural law = soviet law
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Good diagnosis, bad fix
Seen at Reddit: = = = = = START QUOTE: I’m tired of boomers telling Gen Z and millennials to “suck it up” when we say that a salary of $60k or less shouldn’t trap us in a mediocre lifestyle, sharing apartments, skipping dining out, avoiding social outings, or never taking vacations. No, these things…
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Reprint on Bimetallism
Mentioned in previous item on HBO’s “reveal” of Satoshi. When I wrote this in 2017, bitcoin wasn’t yet big enough to notice as a new version of bimetallism. I was comparing to Modern Monetary Theory, which was a big deal among leftist types. MMT wasn’t even a system, it was just a fancy way of…
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Real value
This ’57 Ford sales training film starts with a corny intro even by ’50s standards. After that it settles into some useful experience and advice from the best salesmen. Most of the advice is generic. Know the Ford thoroughly and also know Chevies and Plymouths. Know the customer. Develop trust, find out what he wants…
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Kirn quibble
Haven’t done one of these quibbles in a LONG time. This one is a real clanger. Kirn was responding to a twitterite who said (somewhat more accurately) that communists hate private property but love copyrights, which are only fictional. = = = = = START KIRN: Copywrights, along with patents, are the LEAST fictional form…
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When you don’t know
Good example of censorship by omission. A redditor posted this description of a rational way to set up business. Half of the commenters said it’s pure myth, can’t possibly happen anywhere, no business could succeed. The other half noted ACCURATELY AND CORRECTLY that much of Europe already has these rules, and businesses there are profitable…
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Frightening?????
Jesus, what’s wrong with these people? They discuss a drop in the totally fictional “value” of the stock market like it’s the end of the world. They call it “frightening”. They say this REQUIRES Powell to give up his disastrous catastrophic REAL ECONOMY and return to the wonderful heavenly Bush/Trump plutonomy where Larry Fink gets…
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Didn’t need Buffett backup
Noticed somebody using Warren Buffett’s advice as an authority to say “Buy low, sell high”. First thought: Shit, you don’t need to bring in Buffett to reinforce this basic advice for stock criminals. Second thought: The motto for people who are NOT stock demons is: Buy lasting and maintainable things regardless of price. Then keep…
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From an extremely different era 22
In a 1934 Billboard magazine: Cooper and Clifton, Four Robeys and Dare and Yates will be the first vaude troupe going into Soviet Russia. The first two acts sail next month and will be joined in Europe by Dare and Yates. Alexander Basy, head of the Amsov Agency here, says he is negotiating with several…
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More good things
More good things are happening this month! At least temporarily good things. A judge in Colorado issued an injunction to prevent the merger of Kroger and Albertson until the feds finish dealing with the case. Safeway has already been suffering from the costcutting moves intended to aid the merger and improve Share Value. FEDS, GET…
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Gets SKILL-ESTATE
Here’s an important essay on the new shape of the world after US crumbles. This author understands the KEY role of SKILL-ESTATE. = = = = = START QUOTE: While money and the military are indispensable, soft power is more crucial in a world of 8 billion people, who have easy access to diverse and…
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The Sonnabend solution
Thinking about Hudson led to a random thought about governments. Studebaker and Packard made plenty of identifiable constant mistakes, obvious to outsiders at the time, not just in hindsight. Above all Studie overpaid shareholders and underpaid factories and research. Packard kept trying to compete in luxury cars after Cadillac unquestionably owned the niche, and outsourced…
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Powerful analogy
Compact Mag details the rise of greenlash in this week’s EU parliament election. Germany has taken the craziest green path in the last 10 years, shutting down its clean nuclear plants and also banning Russian gas, resulting in more coal power. Coal is genuinely dirty, but coal automatically becomes pure as angel hair when Gaia…
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Typo
Typo in headline: This chart shows why people are so down on the economy — even with the stock market at record highs Correcting the typo: This chart shows why people are so down on the economy — because the stock market is at record highs The stock crime is the RECIPROCAL of the economy.…
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Belt and suspenders
Rushfield hits the nail again in the middle of a general news column: = = = = = START RUSHFIELD: We’ve been living in an environment of very low-risk speculation thanks to a decade of low interest rates, also known as a speculative bubble. That affected entertainment as much as anything else, as people poured…
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He gets the big point
Most of the time, both “sides” in each hot-button Machiavellian divider are missing the main point. The anti-bitcoiners are right about some details but miss the BIG point that every transaction on the web is perfectly global, perfectly centralized, and perfectly public. Here’s one anti who grasps the biggest point of all. He’s citing a…
Polistra's Mill 