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*** May 2012 low content thread ***

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Gero:

What a douchebag.  I can't imagine how insufferable that geezer must have been when he was actually alive.  (i.e. before they dug him up and reanimated him just so he could dump on the libertarian entrepreneur and affirm the status quo through condescension and smug.)

 

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He just gets done saying "you have given more than $2.5 million"...and then no 60 seconds later goes "why don't you put your money where your mouth is?"

jeezus where is Kevorkian already?

 

Thiel Supporting Ron Paul

 

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How Can OBAMA / ROMNEY compete with Ron Paul WARNING 18+

Family Friendly Version here - The 18+ Version (Contains Some Swearing Towards The End Of The Video)

 

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You have to love how people were all to happy to claim the world would blow up the day after "obvious" dunce Sarah Palin became VP...but the biggest buffoon I may have ever seen gets the job instead, and he gets laughed off like "Ah, no big deal.  That's just crazy uncle Biden.  He's so silly."

 

Biden: 'I Have a Beautiful Home, You Pay Me a lot of Money'

 

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So you may remember Dambisa Moyo, the Zambian author from her 2009 book Dead Aid, in which she exposes how foreign aid has not done any good, but actually hurt the economies of Africa.

It was really refreshing (and helpful) to have an actual African speaking this truth.  Not only because it's nice to see that at least some of them get it, but more so that this information is coming from the mouth of a black, female, African, educated at Harvard and Oxford...as in, precisely the kind of person the Leftist "do gooders" love, and one of the few they can't easily dismiss using their usual tactics...because as you can see she basically neutralizes all of their typical weapons (e.g. racist, sexist, eurocentrist, ignorant/uneducated/dumb).  It also helps that she's in the best position to tell these paternalistic, condescending douchebags that they don't know what's best for Africans.

 

Unfortuantely now she's out with a new book...and...well...this is the teaser:

 

 

*sigh*

 

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Uncommon Knowledge: John Stossel on Why the Media Hates Business and Why Governments Fail

 

 

 

You can watch the special they speak about (along with some others) here.

 

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I really don't understand this Ratigan guy.  I've never seen anyone "get it" but not get it to quite this degree.  It's like he knows the answer, but doesn't like it, so he doesn't want to hear it and gets frustrated when a sharp guy like Peter Schiff gives it to him.  It's the same thing he did to Ron Paul here.  "Yeah yeah yeah, we get it, government's the problem.  But you're never going to sell that to the public.  So how do we fix this, really?"  Reminds me a lot of this thread demanding "pragmatic" solutions wherein "pragmatic" means only policies that won't do anything (which ironically is precisely what makes them "pragmatic").

Then you have to love the quiet socialist at the end...you know it was just killing him having to listen to Schiff that whole time, but he doesn't have the personality to channel that rage into an engaging response so he ends up doing that hilarious quiet Leftist thing.

 

Peter Schiff on Dylan Ratigan Show MSNBC 05-22-12

 

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John Stossel - When People Don't Matter

 

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Clayton replied on Wed, May 23 2012 5:35 PM

I think he has a point. Whenever I listen to TV show debates, I substitute the word "church" in my mind every time the word "government" is used and imagine that the statists are medieval Catholic clerics debating atheists or Protestants. What is happening in the minds of the panel participants, the anchors and the audience, psychologically, is not that much different, in my opinion.

In other words, the dominant factor in the debate is not logic but, rather, team/tribal loyalty. Just saying "It's the Church's fault, the Pope needs to stop meddling in everything" may very well be true but it falls on stone-deaf ears so what's the point in harping on it? Sure, develop the logical basis in your  journals or books but it's all completely irrelevant to the battle for public opinion.

This is where I would prefer to see someone like Tom Woods on a panel like that because he would move immediately to point out that transferring power out of the hands of irresponsible national governments into the hands of - on average - less irresponsible local governments is one way we can impose discipline on our out-of-control national governments without pushing towards the even greater absurdity of a global government. People aren't generally ready for secession - which is a bit of a "dirty word" in the vernacular - but most people have never heard of nullification... think of it as a line-item veto of Federal statutes applied by state governors in their respective states.

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That's why I think it's a real loss that Tom's just a historian (as terrible as that sounds) because he's such a marvelous speaker, and has such a gift for relaying things in a way that people not only understand, but are interested in listening to.

But being in his line of work, there aren't a lot of opportunities for him to get on television.  Which sucks, because I think given enough time on the airwaves, Woods could probably start to register on a Ron Paul-level scale of influence.

 

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Clayton replied on Wed, May 23 2012 6:28 PM

Judging by his fairly prodigious output on the side from his "day job", I don't think he's allowing his occupation to define himself.

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I don't see how that changes anything I said, or is even relevant, for that matter.  My point is he's not on TV.  And I would be willing to bet money it has a lot more to do with a lack of invitation than a lack of time or interest.

 

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Clayton replied on Wed, May 23 2012 7:17 PM

My point is that this: "lack of invitation" is not an immutable fact of reality and it appears to me that this is something he's actively positioning himself to alter.

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Other than guesthosting The Peter Schiff Show, how exactly is he doing that?

 

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John James:

Other than guesthosting The Peter Schiff Show, how exactly is he doing that?

John James, what is the purpose of the Low Content Thread?

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triknighted:
John James, what is the purpose of the Low Content Thread?

Check out the first post of the thread.  It'll tell you.

 

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Share the crap out of this.  It's so perfect.

 

 

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Loppu replied on Thu, May 24 2012 1:28 PM

Ok so you guys have probably heard about this before, in fact I think there's already a thread about this thing, so I'm not going to start a new thread. Instead I'm going to put this one here.

Here's a link to a paper called "Did Affordable Housing Legislation Contribute to the
Subprime Securities Boom?"

http://research.stlouisfed.org/wp/2012/2012-005.pdf

And here's the abstract:

"No. In this paper we use a regression discontinuity approach to investigate whether
affordable housing policies in‡uenced origination or affected prices of subprime mort-
gages. We use merged loan-level data on non-prime securitized mortgages with individual-
and neighborhood-level data for California and Florida. We …and no evidence that
lenders increased subprime originations or altered pricing around the discrete eligi-
bility cutoffs for the Government Sponsored Enterprises’ (GSEs) affordable housing
goals or the Community Reinvestment Act. Our results indicate that the extensive
purchases of risky private-label mortgage-backed securities by the GSEs were not due
to affordable housing mandates."

Please give me your opinion, and if there's a thread dedicated to this already, a link would be appreciated. Thanks beforehand!

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PhilipK:

"'If 10 cops who know a neighborhood can't find an iPhone that's broadcasting its location, that shouldn't give you a lot of confidence in your own vigilante recovery of a stolen iProduct,' writes Alexis Madrigal. 'Just saying. Consider this a PSA: just buy a new phone.'"

Totally not where I thought he was going with that.

 

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John James:

PhilipK:

"'If 10 cops who know a neighborhood can't find an iPhone that's broadcasting its location, that shouldn't give you a lot of confidence in your own vigilante recovery of a stolen iProduct,' writes Alexis Madrigal. 'Just saying. Consider this a PSA: just buy a new phone.'"

Totally not where I thought he was going with that.

Considering that the same police department is resposible for a murder that occured earlier in the year because they took forever to respond to a 911 call, that shouldn't give you a lot of confidence in your own vigilante self-defense against a murderer*.

 

*As an aside, this is why it is important to have a gun in your home to scare off people who trespassing and trying to kill you on your property.

To paraphrase Marc Faber: We're all doomed, but that doesn't mean that we can't make money in the process.
Rabbi Lapin: "Let's make bricks!"
Stephan Kinsella: "Say you and I both want to make a German chocolate cake."

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Daniel Muffinburg:
*As an aside, this is why it is important to have a gun in your home to scare off people who trespassing and trying to kill you on your property.

It's like I always say: If someone tries to break into your home, and you don't have a gun, how are you supposed to shoot them?

 

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From Bob Wenzel:

About Money

Just came across this awesome comment from William Gouge in his 1833 book, A Short History of Paper Money and Banking in the United States (p.135):

[M]oney is the tool of all trades, and, is as such, one of the most useful of productive instruments, and one of the most valuable labor saving devices

What an insightful way to explain money.  Can you imagine Mankiw or Krugman explaining in their texts money this way?

 

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TheFinest replied on Thu, May 24 2012 10:15 PM

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BREAKING NEWS:

http://www.belfasttelegraph.co.uk/entertainment/news/janet-jackson-my-weight-nearly-caused-diabetes-16162813.html

Janet Jackson almost got diabetes

"As in a kaleidoscope, the constellation of forces operating in the system as a whole is ever changing." - Ludwig Lachmann

"When A Man Dies A World Goes Out of Existence"  - GLS Shackle

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Gero replied on Thu, May 24 2012 10:27 PM

I recently came across many Bush jokes. Here they are and I hope you enjoy them:

"A new poll shows that only one out of four people approve of the job President Bush is doing. One out of four. That means, when he's having dinner with his wife and two daughters, he's the only one at the table who thinks he's doing a good job." --Jay Leno

"President Bush said that the people who are attacking our forces in Iraq are getting more and more desperate because we’re making so much progress. So just remember, the worse it gets, the better it is." --Jay Leno

"An aide to the prime minister of Canada called President Bush a moron. Well that's not fair. Here's a guy who never worked a day in his life, got rich off his Dad's money, lost the popular vote and ended up president. That's not a moron, that's genius!" --Jay Leno

"President Bush said catching a 7.5 pound fish was his best moment since becoming president. You know the sad thing, a lot of historians would agree with that." --Jay Leno

"President Bush's campaign is now attacking John Kerry for throwing away some of his medals to protest the Vietnam War. Bush did not have any medals to throw away, but in his defense he did have all his services records thrown out." --Jay Leno

"President Bush threw out the first ball the other night at the Washington Nationals home opener. Boy, wasn't is nice to see Bush throwing out something other than the Constitution?" --Jay Leno

"Did you all have a nice Presidents' Day yesterday? President Bush marked the occasion in his usual way -- by ignoring the other two branches of government." --Jay Leno

"Did you know, when President Bush is in Australia, his approval rating goes down the drain counter-clockwise." --Jay Leno

"According to a new poll, President Bush's approval rating is at an all-time low but Kerry still can't catch up with him. So people don't like Bush but they don't seem to like Kerry very much either. We have two guys nobody wants to vote for. No wonder we can't sell democracy in Iraq, we can't even give it away here."

Is it me or is Bush going everywhere Kerry goes? So far in the past week, President Bush has followed John Kerry to Davenport, Iowa; New Mexico; Las Vegas; Los Angeles; and he follows him to Portland, Oregon. The only place he never followed John Kerry was Vietnam. – Jay Leno

"Over the weekend, President Bush told a crowd of supporters in Florida that he is the best protection from the draft. That's not true. Bush's dad was the protection from the draft." – Jay Leno

"By the way, here's a late-breaking bulletin . . . from the Bush White House. The White House Christmas tree has submitted its resignation."

Jay Leno: "Well, they had the annual Easter egg roll today at the White House. That was kind of fun. And President Bush did not miss an opportunity. He told the kids that the Easter Bunny would be out of eggs by the year 2030. . . . And that 4% of all their eggs should be put in a private account, so they can later . . . they can use it, yeah."

David Letterman: "Down in Washington they had the annual big Easter egg hunt out there on the White House lawn. The kids found 800 eggs and 200 John Kerry ballots from Ohio. . . .

"But at the White House Easter egg hunt, no eggs were actually found but President Bush continues to claim that they are there."

Jay Leno: "In political news, President Bush's approval rating, all-time low, 45%. 45%. That's below 'F.' Bush is now doing worse as President than he did in high school. . . . Well, President Bush -- hey, he's very concerned about it. He said, 'If this keeps up, I'll never get elected to a third term.' "

David Letterman: "You folks following the scandal with Karl Rove? Earlier today, President Bush says that he doesn't want to act too quickly. And does not want to act before he has all of the facts. And I was thinking, 'Jeez, this doesn't sound like the President Bush I know.' "

"How many members of the Bush administration does it take to change a light bulb? "Ten.

"1. One to deny that a light bulb needs to be changed;

"2. One to attack the patriotism of anyone who says the light bulb needs to be changed;

"3. One to blame Clinton for burning out the light bulb;

"4. One to tell the nations of the world that they are either for changing the light bulb or for eternal darkness;

"5. One to give a billion dollar no-bid contract to Halliburton for the new light bulb;

"6. One to arrange a photograph of Bush, dressed as a janitor, standing on a step ladder under the banner 'Bulb Accomplished';

"7. One administration insider to resign and in detail reveal how Bush was literally 'in the dark' the whole time;

"8. One to viciously smear No. 7;

"9. One surrogate to campaign on TV and at rallies on how George Bush has had a strong light-bulb-changing policy all along;

"10. And finally, one to confuse Americans about the difference between screwing a light bulb and screwing the country."

Jon Stewart on "The Daily Show": "While his Iraq policy is coming under fire from his own party, President Bush was in a field of poppies, going on a two-hour bike ride with seven-time Tour de France champion Lance Armstrong. "He's bike riding, he's jogging five miles a day, lifting weights. Is he preparing for something we don't know about? Some kind of 'every man for himself' scenario comin' down the pike?"

From "The Daily Show":

Ed Helms: "Jon, today, finally, a ray of hope. Eight days after Katrina came ashore, the federal government has gotten its act together, marshalling all of its resources in a desperate effort to save this beloved, and now beleaguered, president."

Stewart: "President? I thought you were talking about New Orleans."

Helms: "No, that place is [expletive]. But many here believe with quick action, George W. Bush's reputation can still be saved. . . .

"The main thing is, in a very reassuring sight, the federal government has finally brought in the heavy machinery: The Rove.

"Many believe he's the one man who can fix the gaping breach in the president's approval ratings."

Stewart: "But what impact will that have on the actual rescue effort?"

Helms: "The actual rescue effort? What is your obsession with the horrible humanitarian catastrophe?"

From the "Tonight Show With Jay Leno": "Actually, today, President Bush sent Vice President Dick Cheney to New Orleans. Is that what we need down there? Another person requiring emergency medical help?"

From Jon Stewart on the "Daily Show": "Little observation: When people don't want to play the blame game? They're to blame."

Jon Stewart, talking to Samantha Bee, on "The Daily Show":

Stewart: "Alright, Sam, one last question: The president has vowed to personally lead the investigation into the government's failed response to Katrina. Isn't that a job someone else should be doing?"

Bee: "Not at all, Jon. To truly find out what went wrong, it's important for an investigator to have a little distance from the situation. And it's hard to get any more distant from it than the president was last week."

Jay Leno: "Vice President Dick Cheney said he is upset when critics say [the administration] lied us into the war. I say fine, just lie us back out and we'll call it even."

Jay Leno: "In a speech, President Bush said, 'As president, I am responsible for the decision to go into Iraq.' Yeah, well, I don't think he has to worry about other people trying to take credit for that one. That's like the captain of the Titanic saying 'hitting the iceberg, that was my idea.' "

"Stewart: Rob, obviously a very unfortunate situation. How is the vice president handling it?

"Corddry: Jon, tonight the vice president is standing by his decision to shoot Harry Whittington. According to the best intelligence available, there were quail hidden in the brush. Everyone believed at the time there were quail in the brush. And while the quail turned out to be a 78-year-old man, even knowing that today, Mr. Cheney insists he still would have shot Mr. Whittington in the face. He believes the world is a better place for his spreading buckshot throughout the entire region of Mr. Whittington's face.

"Stewart: But why, Rob? If he had known Mr. Whittington was not a bird, why would he still have shot him?

"Corddry: Jon, in a post-9/11 world, the American people expect their leaders to be decisive. To not have shot his friend in the face would have sent a message to the quail that America is weak.

"Stewart: That's horrible.

"Corddry: Look, the mere fact that we're even talking about how the vice president drives up with his rich friends in cars to shoot farm-raised wingless quail-tards is letting the quail know 'how' we're hunting them. I'm sure right now those birds are laughing at us in that little 'covey' of theirs."

From Jay Leno on the Tonight Show: "We are now down to the Final Four -- not college basketball, but the number of people who still think President Bush is doing a good job."

From Jay Leno : "A new geographic literacy study claims that less than 4 out of 10 American students can find Iraq on the map. Of course, President Bush has the opposite problem. He can't find his way out of Iraq."

Q: How is Vietnam different from Iraq?

A: Bush had a plan for getting out of Vietnam."

Conan O'Brien: "President Bush is claiming that a new postal law gives him the authority to read anyone's letters without a warrant. If you're upset about the law, you can let Bush know by writing to your sister."

Jay Leno: "President Bush is expected to announce that he is now sending more troops to Iraq -- despite the fact that his generals, his military analysts, members of Congress and most of the American people are against the idea. The reason he is doing it? To give Iraq a government that responds to the will of the people."

"The Queen of England, Queen Elizabeth, met with President Bush over the weekend. You know, I thought this was nice of President Bush. Did you hear what he did? He took the time to learn a little bit of English so he could speak with her. . . .

"Anyway, the Queen was welcomed with a 21-gun salute. Well, 22 if you count Cheney's gun that went off accidentally."

Jay Leno: "Vice President Cheney made a surprise visit to Iraq today. Great, the one place we need him firing off his gun, he doesn't bring it."

Conan O'Brien: "Tomorrow, President Bush is undergoing a colonoscopy. So, he's going to temporarily transfer his presidential power to Vice President Dick Cheney. Yeah, yeah. That's right. On the day that millions will be reading the new 'Harry Potter' book, Voldemort will be running the country."

Jay Leno: "Tomorrow, President Bush will undergo a routine colonoscopy. You know what they found the last time Bush had a colonoscopy? His head.... While he's under, they will temporarily transfer power to Dick Cheney. Well, good luck getting that power back, huh? ... You know what's going to happen by noon tomorrow. He will have invaded Iran, Syria and Malibu."

Jay Leno: "President Bush says these rumors that he's just getting ready to attack Iran are propaganda. He said he and Cheney were ready months ago."

David Letterman: "FEMA faked a press conference and earlier today President Bush strongly condemned it at his own fake press conference."

Jay Leno: "Vice President Dick Cheney went out hunting again today. God, I didn't even know it was lawyer season. . . . No, actually, Cheney said he was in upstate New York to hunt peasants. Pheasants, I'm sorry."

Jay Leno: "In Saudi Arabia last week, President Bush was criticized for doing a little ceremonial dance with a sword given to him by the Saudi prince. A lot of people thought the President was pandering to the Saudis. To be fair, I don't think the President was pandering. See, I think President Bush is truly fascinated by bright, shiny objects."

Jay Leno: "The Pope will be here tomorrow. . . . You know who's picking him up at the airport? President Bush. This is true. It's the first time the President has ever picked up a visiting leader at the airport. See, that's when you know your presidency is winding down, when you're picking up people at the airport."

Conan O'Brien: "Happy Cinco de Mayo. . . . And, of course, the President marked this occasion earlier today. President Bush said that Cinco de Mayo is an opportunity to recognize the strong ties of family, economy and culture that bind the United States and Mexico. That was nice. Yeah. Then the President said, 'Now, let's get back to building that fence.'"

Jay Leno: "Human rights activists have sent a letter to President Bush, asking him to raise human rights issues with the Chinese government during the Olympics. Unfortunately, they also sent a letter to the Chinese government asking them to bring up human rights issues with President Bush. So, it's pretty much a wash. . . .

"The Dalai Lama says while he loves President Bush, he feels President Bush has a lack of understanding about reality. And in response, President Bush said today, 'Yeah, right, like there's such a thing as a talking lama."

Conan O'Brien: "This weekend, the leaders of the world's richest countries got together to discuss the global economic meltdown. . . . President Bush wanted to go to the meeting, but after last week the US is no longer one of the world's richest countries."

Jay Leno: "And this week, President Bush announced a $250 billion . . . plan for the government to directly buy shares of the nation's leading banks to make sure they're run properly. They're going to make sure they're run properly, yeah. Because one thing we know is that the people who gave us a $9 trillion debt, they know how to handle money."

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TheFinest replied on Thu, May 24 2012 10:29 PM

^ LOL

 

The final entry in a trilogy of films produced for the U.S. government by John Huston. This documentary film follows 75 U.S. soldiers who have sustained debilitating emotional trauma and depression. A series of scenes chronicle their entry into a psychiatric hospital, their treatment and eventual recovery.

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John James replied on Thu, May 24 2012 10:47 PM

Gero:
I recently came across many Bush jokes. Here they are and I hope you enjoy them:

www.youtube.com/watch?v=hTrzZLM0Tm4#t=8m21s

 

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Why did someone post a janet jackson article? How is that topical or interesting, anyone ?

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I think it was an attempt at humor.  Or he got confused and thought he was in his janet jackson forum.

 

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John James replied on Fri, May 25 2012 11:33 AM

Gero linked to the writeup, but this was just uploaded:

http://www.europac.net/commentaries/real_crash

Peter Schiff

 

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Perhaps you should get to the woods sooner rather than later.  How about now?

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Here's one way to get people to click your videos:

 

 

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http://business.time.com/2012/05/22/how-cash-keeps-poor-people-poor/?xid=gonewsedit&google_editors_picks=true

 

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Clayton replied on Tue, May 29 2012 8:45 PM

He pretty much nails it - the only thing that I think Icke gets wrong is the attribution of telic foresight to the captstones/spiders that they do not actually have (this is connected with his Lizards/Aliens nonsense). The spiderweb/pyramid exists primarily because human nature is what it is and human culture is what it is. Those sitting at the top know they are the fortuitous beneficiaries of the maladaptations in human nature that make the power/exploitation structure possible and they do everything they can to preserve, enhance and nurture the status quo from which they are so massively benefitting. But they didn't build the spiderweb/pyramid, Nature did. It is the result of human action but not of human design.

Understanding our predicament is a prerequisite for anything to change.

And we can know the ultimate purpose of the pyramid: for those at the top to live at the expense of those on the bottom. So, even though we may not know all the detailed passageways within the pyramid, we can know the final purpose of the pyramid from praxeological insight alone. I think that's empowering.

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PhilipK replied on Wed, May 30 2012 8:45 AM

Clayton, what does that tell you about Ron Paul?

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