| |
 |
|
| Science Forum Index » Economy Forum » Libertarian property rights & problem of original... |
|
Page 10 of 10 Goto page Previous 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 |
|
| Author |
Message |
| Rod Speed... |
 Posted: Thu Nov 05, 2009 9:20 pm |
|
|
|
Guest
|
James A. Donald wrote
[quote]darwinist wrote
This is not true, a lot of governments invest in funds
(managed funds, venture-investment funds, etc) on the
same terms as all the other investors in those same funds.
During the recent financial crisis, when Iceland went
down, who were the investors that got burnt?
[/quote]
Anyone stupid enough to believe the ratings.
[quote]Mostly it was British goverment bodies,
[/quote]
Bare faced pig ignorant lie.
[quote]typically councils and the rest were pensioners etc
[/quote]
Bare faced pig ignorant lie.
[quote]- in short the least competent investors, most of
which were either government or quasi government,
government investing in government.
[/quote]
Bare faced pig ignorant lie.
How odd that govt bonds are actually the SAFEST investments, fuckwit.
[quote]Yes, governments frequently invest in private funds
on the same terms as the private suckers, but not,
however, on the same terms as the private smart money.
[/quote]
Bare faced pig ignorant lie.
Have a look at the Australian Future Fund sometime.
Then wipe the egg off your stupid pig ignorant face, yet again.
[quote]What happened is that on 2005 November, word started to get
around that the official AAA ratings were politically correct lies
[/quote]
Bare faced pig ignorant lie.
[quote]that had no relation to actual solvency,
[/quote]
Done by entirely non govt operations, fuckwit.
[quote]leading to the run on the repo market
[/quote]
Nothing whatever to do with govt, fuckwit.
[quote]The governments that were pressuring the ratings agencies to lie,
[/quote]
Bare faced pig ignorant lie.
[quote]were the last to know that they were lying, and so were the ones left holding the bag.
[/quote]
Bare faced pig ignorant lie. |
|
|
| Back to top |
|
|
|
| James A. Donald... |
| Posted: Fri Nov 06, 2009 12:44 am |
|
|
|
Guest
|
James A. Donald <jamesd at (no spam) echeque.com> wrote
[quote]Government investments and businesses usually
lose money, unless they are subsidized, or
competition forcibly suppressed,
[/quote]
"Rod Speed"
[quote]Plenty of them make money without either.
[/quote]
James A. Donald:
[quote]Such as?
[/quote]
Rod Speed wrote
[quote]Most obviously with the govt operations providing
transport services etc.
[/quote]
Amtrack costs the taxpayer several hundred dollars per
passenger per trip. What did you have in mind that makes
money in the face of competition? As far as I know, all
US transport operations for which there is a reasonable
private alternative lose money in shockingly large
amounts - though seldom as shockingly large as
Amtrack. Some toll bridges and such like make money,
but since those are monopolies, it is not clear whether
their profit comes from facilating travel, or
obstructing it. |
|
|
| Back to top |
|
|
|
| James A. Donald... |
| Posted: Fri Nov 06, 2009 1:12 am |
|
|
|
Guest
|
James A. Donald wrote
[quote]- in short the least competent investors, most of
which were either government or quasi government,
government investing in government.
[/quote]
"Rod Speed"
[quote]Bare faced pig ignorant lie.
How odd that govt bonds are actually the SAFEST
investments, fuckwit.
[/quote]
I am sure all those city councils that invested heavily
in Icelandic bonds are relieved to hear this.
It will be interesting to see how Chinese investments in
US government bonds turn out. Over the past year or so,
have not been turning out well at all. |
|
|
| Back to top |
|
|
|
| Les Cargill... |
| Posted: Fri Nov 06, 2009 1:31 am |
|
|
|
Guest
|
James A. Donald wrote:
[quote]James A. Donald wrote
- in short the least competent investors, most of
which were either government or quasi government,
government investing in government.
"Rod Speed"
Bare faced pig ignorant lie.
How odd that govt bonds are actually the SAFEST
investments, fuckwit.
I am sure all those city councils that invested heavily
in Icelandic bonds are relieved to hear this.
It will be interesting to see how Chinese investments in
US government bonds turn out. Over the past year or so,
have not been turning out well at all.
[/quote]
They're not prima facie short term investments. The agenda
behind the bonds is more social engineering than anything -
the bonds are simply the return flow from goods produced by
China after coming onto the world stage economically
after 5000 years of isolation.
SFAIK, the Renminbi and Yuan are indexed more weakly against
the dollar than in the past. The savings plowed into US bonds
are not the pennies from households, they're the glut of
profits of corporations.
And since the incredible offshore flow of money into bonds
caused this last bubble as much as anything....
--
Les Cargill |
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Fri Nov 06, 2009 1:41 am |
|
|
|
Guest
|
WILL YOU STOP FUCKING AROUND WITH THE ATTRIBUTIONS
You end up with a hell of mess when someone quotes your shit.
James A. Donald wrote:
[quote]James A. Donald <jamesd at (no spam) echeque.com> wrote
Government investments and businesses usually
lose money, unless they are subsidized, or
competition forcibly suppressed,
"Rod Speed"
Plenty of them make money without either.
James A. Donald:
Such as?
Rod Speed wrote
Most obviously with the govt operations providing transport services etc.
Amtrack costs the taxpayer several hundred dollars per passenger per trip.
[/quote]
Irrelevant to the profit plenty of other govt transport systems make.
[quote]What did you have in mind that makes money in the face of competition?
[/quote]
I gave you a list. you carefully deleted that from the quoting.
[quote]As far as I know, all US transport operations for which there is
a reasonable private alternative lose money in shockingly large
amounts - though seldom as shockingly large as Amtrack.
[/quote]
Because the US doesnt do much in the way of govt transport services.
Even someone as stupid as you should have noticed that there
might just be a few more govts around than just the US govt.
[quote]Some toll bridges and such like make
money, but since those are monopolies,
[/quote]
Like hell they all are. Plenty have competition with other non toll roads.
[quote]it is not clear whether their profit comes from facilating travel, or obstructing it.
[/quote]
Only to fools. |
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Fri Nov 06, 2009 1:43 am |
|
|
|
Guest
|
James A. Donald wrote:
[quote]Rod Speed wrote
James A. Donald wrote
- in short the least competent investors, most
of which were either government or quasi
government, government investing in government.
Bare faced pig ignorant lie.
How odd that govt bonds are actually the SAFEST investments, fuckwit.
I am sure all those city councils that invested heavily in Icelandic bonds are relieved to hear this.
[/quote]
They werent GOVT bonds, fuckwit.
[quote]It will be interesting to see how Chinese investments in US government bonds turn out.
[/quote]
They'll do fine, you watch.
[quote]Over the past year or so, have not been turning out well at all.
[/quote]
Another pig ignorant lie SAFETY wise. |
|
|
| Back to top |
|
|
|
| *Anarcissie*... |
| Posted: Fri Nov 06, 2009 4:36 am |
|
|
|
Guest
|
On Nov 5, 6:31 pm, James A. Donald <jam... at (no spam) echeque.com> wrote:
[quote]On Thu, 05 Nov 2009 16:45:25 -0600, <n... at (no spam) droffats.net> wrote:
In article <hlh6f5htvfmd21jj1ejutds5n1gv00u... at (no spam) 4ax.com>,
Just as any art funded by the NEA is necessarily
repetitious rubbish, mindless aping what once was daring
innovation but is now mindless mechanical orthodoxy,
the same applies with government funded science and
technology.
You might be interested in the government funded efforts classified as
Art and Technology. A lot of it is right off-the-wall brilliant, and it
is art!
I recommend Roissy's review of modern art
http://roissy.wordpress.com/2009/06/10/the-state-of-art-in-america/
[/quote]
But this is just another "I don't like it, so it isn't art" rant.
Actually, art museums have become very popular places
and big business. |
|
|
| Back to top |
|
|
|
| James A. Donald... |
| Posted: Fri Nov 06, 2009 4:41 am |
|
|
|
Guest
|
On Fri, 6 Nov 2009 17:41:22 +1100, "Rod Speed"
<rod.speed.aaa at (no spam) gmail.com> wrote:
[quote]WILL YOU STOP FUCKING AROUND WITH THE ATTRIBUTIONS
You end up with a hell of mess when someone quotes your shit.
James A. Donald wrote:
James A. Donald <jamesd at (no spam) echeque.com> wrote
Government investments and businesses usually
lose money, unless they are subsidized, or
competition forcibly suppressed,
[/quote]
"Rod Speed"
[quote]Plenty of them make money without either.
[/quote]
James A. Donald:
[quote]Such as?
[/quote]
Rod Speed wrote
[quote]Most obviously with the govt operations providing transport services etc.
[/quote]
James A. Donald:
[quote]Amtrack costs the taxpayer several hundred dollars per passenger per trip.
[/quote]
Rod Speed wrote
[quote]Irrelevant to the profit plenty of other govt transport systems make.
[/quote]
Name one that is not a state enforced monopoly.
[quote]What did you have in mind that makes money in the face of competition?
I gave you a list. you carefully deleted that from the quoting.
[/quote]
You listed "government telcos" - but government telcos are state
enforced monopolies, and similarly for Giros. |
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Fri Nov 06, 2009 10:15 am |
|
|
|
Guest
|
James A. Donald wrote:
[quote]On Fri, 6 Nov 2009 17:41:22 +1100, "Rod Speed"
rod.speed.aaa at (no spam) gmail.com> wrote:
WILL YOU STOP FUCKING AROUND WITH THE ATTRIBUTIONS
You end up with a hell of mess when someone quotes your shit.
James A. Donald wrote:
James A. Donald <jamesd at (no spam) echeque.com> wrote
Government investments and businesses usually
lose money, unless they are subsidized, or
competition forcibly suppressed,
"Rod Speed"
Plenty of them make money without either.
James A. Donald:
Such as?
Rod Speed wrote
Most obviously with the govt operations providing transport
services etc.
James A. Donald:
Amtrack costs the taxpayer several hundred dollars per passenger
per trip.
Rod Speed wrote
Irrelevant to the profit plenty of other govt transport systems make.
Name one that is not a state enforced monopoly.
[/quote]
The rail systems right thruout western europe.
[quote]What did you have in mind that makes money in the face of competition?
I gave you a list. you carefully deleted that from the quoting.
You listed "government telcos" - but government telcos are state enforced monopolies,
[/quote]
Plenty of them arent anymore.
[quote]and similarly for Giros.
[/quote]
Those have never been monopolys, they compete with the private banks. |
|
|
| Back to top |
|
|
|
| Animaminima... |
| Posted: Fri Nov 06, 2009 4:52 pm |
|
|
|
Guest
|
On Nov 6, 8:50 pm, James A. Donald <jam... at (no spam) echeque.com> wrote:
[quote]Just as any art funded by the NEA is necessarily
repetitious rubbish, mindless aping what once
was daring innovation but is now mechanical
orthodoxy, the same applies with government
funded science and technology.
You might be interested in the government funded
efforts classified as Art and Technology. A lot of
it is right off-the-wall brilliant, and it is art!
James A. Donald:
I recommend Roissy's review of modern art
http://roissy.wordpress.com/2009/06/10/the-state-of
-art-in-america/
"*Anarcissie*"
But this is just another "I don't like it, so it isn't
art" rant.
Perhaps only a connoisseur can tell fine wine, but
anyone is qualified to detect sewage.
Here is some politically correct dog poop, for which the
artist was paid half a million dollars.
http://www.sanjose.com/underbelly/unbelly/Sanjose/Quetzy/quetzy.html
I am willing to sell my poop for a mere two hundred
thousand. And for a mere extra one hundred thousand,
will have it bronzed.
[/quote]
Don't bronze it. Do as others do and post it to Usenet. |
|
|
| Back to top |
|
|
|
| James A. Donald... |
| Posted: Fri Nov 06, 2009 8:50 pm |
|
|
|
Guest
|
[quote]Just as any art funded by the NEA is necessarily
repetitious rubbish, mindless aping what once
was daring innovation but is now mechanical
orthodoxy, the same applies with government
funded science and technology.
You might be interested in the government funded
efforts classified as Art and Technology. A lot of
it is right off-the-wall brilliant, and it is art!
[/quote]
James A. Donald:
[quote]I recommend Roissy's review of modern art
http://roissy.wordpress.com/2009/06/10/the-state-of
-art-in-america/
[/quote]
"*Anarcissie*"
[quote]But this is just another "I don't like it, so it isn't
art" rant.
[/quote]
Perhaps only a connoisseur can tell fine wine, but
anyone is qualified to detect sewage.
Here is some politically correct dog poop, for which the
artist was paid half a million dollars.
<http://www.sanjose.com/underbelly/unbelly/Sanjose/Quetzy/quetzy.html>
I am willing to sell my poop for a mere two hundred
thousand. And for a mere extra one hundred thousand,
will have it bronzed. |
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Fri Nov 06, 2009 9:19 pm |
|
|
|
Guest
|
James A. Donald wrote:
[quote]Just as any art funded by the NEA is necessarily
repetitious rubbish, mindless aping what once
was daring innovation but is now mechanical
orthodoxy, the same applies with government
funded science and technology.
You might be interested in the government funded
efforts classified as Art and Technology. A lot of
it is right off-the-wall brilliant, and it is art!
James A. Donald:
I recommend Roissy's review of modern art
http://roissy.wordpress.com/2009/06/10/the-state-of
-art-in-america/
"*Anarcissie*"
But this is just another "I don't like it, so it isn't art" rant.
Perhaps only a connoisseur can tell fine wine, but anyone is qualified to detect sewage.
[/quote]
Yep, thats why your shit is so easy to pick.
[quote]Here is some politically correct dog poop, for which the artist was paid half a million dollars.
http://www.sanjose.com/underbelly/unbelly/Sanjose/Quetzy/quetzy.html
[/quote]
Not by any govt, fool.
[quote]I am willing to sell my poop for a mere two hundred thousand.
[/quote]
Your shit aint worth a cent.
[quote]And for a mere extra one hundred thousand, will have it bronzed.
[/quote]
Just another of your pathetic little drug crazed fantasys. |
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Fri Nov 06, 2009 11:57 pm |
|
|
|
Guest
|
Animaminima wrote:
[quote]On Nov 6, 8:50 pm, James A. Donald <jam... at (no spam) echeque.com> wrote:
Just as any art funded by the NEA is necessarily
repetitious rubbish, mindless aping what once
was daring innovation but is now mechanical
orthodoxy, the same applies with government
funded science and technology.
You might be interested in the government funded
efforts classified as Art and Technology. A lot of
it is right off-the-wall brilliant, and it is art!
James A. Donald:
I recommend Roissy's review of modern art
http://roissy.wordpress.com/2009/06/10/the-state-of
-art-in-america/
"*Anarcissie*"
But this is just another "I don't like it, so it isn't
art" rant.
Perhaps only a connoisseur can tell fine wine, but
anyone is qualified to detect sewage.
Here is some politically correct dog poop, for which the
artist was paid half a million dollars.
http://www.sanjose.com/underbelly/unbelly/Sanjose/Quetzy/quetzy.html
I am willing to sell my poop for a mere two hundred
thousand. And for a mere extra one hundred thousand,
will have it bronzed.
Don't bronze it. Do as others do and post it to Usenet.
[/quote]
He does that already. Have a look at the steaming turds he posted
claiming that Pol Pot and his hencemen were just misguided saints. |
|
|
| Back to top |
|
|
|
| James A. Donald... |
| Posted: Sat Nov 07, 2009 12:22 am |
|
|
|
Guest
|
|
| Back to top |
|
|
|
| Rod Speed... |
| Posted: Sat Nov 07, 2009 1:43 am |
|
|
|
Guest
|
James A. Donald wrote
[quote]Rod Speed wrote
James A. Donald wrote
Here is some politically correct dog poop, for
which the artist was paid half a million dollars.
http://www.sanjose.com/underbelly/unbelly/Sanjose/Quetzy/quetzy.html
Not by any govt, fool.
Look it up. A government bought his shit.
[/quote]
There's never enough of that to matter a damn. |
|
|
| Back to top |
|
|
|
|
|
All times are GMT - 5 Hours
The time now is Sat Nov 21, 2009 4:14 pm
|
|