Headlines that don't merit their own entry

Tags: internet ∙ fiber optics ∙ Satanist ∙ poseur ∙ MIT ∙ robot ∙ nanotech ∙ security ∙ tablets ∙ GM ∙ data mining ∙ smart phone ∙ troops ∙ transgender ∙ social media ∙ competition ∙ cryptocurrency ∙ Japan ∙ Facebook ∙ Twitter ∙ YouTube ∙ Apple ∙ police ∙ hacking ∙ public schools ∙ currency manipulation ∙ drugs ∙ 3D printing ∙ purged

❝❝As far as the world's reserve currency, as a whole that's a bad idea. I doubt that Trump sees that, but competition is good. This is one instance where he is doing the right thing by accident.

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Yes, Trump is contributing to the debt, but so has every national politico since the "reform" of 1974. The continuing resolutions instead of actual budgets and the exploding bureaucracy are creating greater problems than Trump did. Both also predate Trump's election.

Meanwhile, that has nothing to do with the (BAD) idea of a single reserve currency or fractional banking. Both of which by their very existence distort the free market and introduce instability. But that is another topic or six.

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The aging population is a problem because a) government promised that it could provide better, more reliable retirement income than the private sector, b) government mandated contributions, thereby reinforcing the idea that Government Knew Best when it came to retirement and driving out many private sector alternatives, c) government mismanaged the funds it collected, and finally the REALLY Big One, government borrowed against those funds without payback.

A good smartphone can get up to the minute currency exchange information, along with futures markets, stock markets, index funds, and football pools. Understand this, the only "practical" reason for a single reserve currency is so the government producing the currency can control the economy.

None of which has anything to do with the Korean negotiations of the impact of Chinese trading.

ETA: I should warn you, some libertarians spend a lot of time studying economics.

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When people are told that they will be taken care of because it is their right, they stop paying attention to the numbers. That's true with pensions, Social Security, health care, public schools, roads, the post office, and clean water. I call it Somebody Else's Problem after a fictional FTL drive introduced by the late Douglas Adams. On the other hand, if they have to take responsibility, they pay closer attention. Just as one example, why should there be a mandatory retirement age? Just as interesting now that you brought it up, the current interest on savings accounts is artificially low because of government currency manipulation. It doesn't even beat the rate of inflation. Basically if you put money in a bank, you're losing money.

I'm not saying that the U.S. didn't benefit when the dollar was unquestionably the single reserve currency. That tends to happen with monopolies. I'm saying that competition and the free market can do better, with less government control and more choice and more benefits for people.❞❞

Tags: reserve currency ∙ fractional banking ∙ 1974 ∙ reform ∙ budget deficits ∙ budget process ∙ football pools ∙ aging population ∙ retirement income ∙ private sector ∙ mismanaged ∙ borrowed ∙ smart phone ∙ currency exchange ∙ futures markets ∙ stock markets ∙ index funds ∙ single reserve currency ∙ Somebody Else's Problem ∙ Douglas Adams ∙ pensions ∙ Social Security ∙ health care ∙ public schools ∙ roads ∙ post office ∙ clean water

❝❝The best thing that government can do to lower the prices of medical care is get out of medical care and medical insurance. There's a lot of reasons, but at it's core politicos and technocrats have no incentive to contain costs, make a profit, and get a bigger market share. Competition means that companies have to make things cheaper, faster, and more available or they will lose business. Today's smart phones have more computing capacity than the Cray 2 did in 1985, they are more reliable, more capable, cheaper, more available, and a lot more profitable. That's what 30 years of the free market and competition without government interference will give you. Government has shielded the medical industry and the medical insurance markets from the very things that would make medicine better.❞❞

Tags: government ∙ medical care ∙ medical insurance ∙ market share ∙ competition ∙ smart phone ∙ Cray 2

Headlines that don't merit their own entry

Tags: speech wars ∙ webmaster ∙ smart phone ∙ security ∙ Antifa ∙ AfDI ∙ PayPal ∙ Pamela Geller ∙ climate change ∙ competition ∙ healthcare ∙ Venezuela ∙ Russia ∙ oil assets

Tags: Apple ∙ privacy ∙ iOS ∙ DoJ ∙ FBI ∙ code keys ∙ iPhone ∙ smart phone ∙ freedom ∙ KYFHO ∙ government beast ∙ government screw-up ∙ short

That alone isn't enough

Tags: Apple ∙ privacy ∙ iOS ∙ DoJ ∙ FBI ∙ code keys ∙ iPhone ∙ smart phone ∙ freedom ∙ KYFHO ∙ government beast ∙ government screw-up

❝❝Most of the ordinary are already great.

Even their day to day actions produce wonders.

That orange juice in your fridge and in fridges all over the country? Absolutely wonderful and put there by everyday people doing everyday things.

That smartphone you use? We were barely reaching for it twenty-five years ago. Made possible by ordinary people wanting things just a bit better than they were yesterday.

That food bank downtown? It's only there because some folks decided to make things a little easier for their neighbors.

All great things. All wondrous things. All made possible by ordinary people.❞❞

Tags: ordinary ∙ orange juice ∙ fridge ∙ smart phone ∙ food bank ∙ commenting

The FBI won’t stop at one iPhone.

The FedGovs won’t stop at ten thousand smart phones.

Tags: FBI ∙ Apple ∙ Real ID ∙ privacy ∙ iPhone ∙ smart phone ∙ Total Information Awareness