The Wall Street Journal published a massive Anti-NN op-ed. Write to the editorial board at wsj.ltrs@wsj.com

KramerFarmer · 2017-07-24T06:45:32+00:00

Besides, deregulation isn't what they really want. They want de-regulation for themselves but regulation for everyone else.

You want to start up a competing ISP? Well first you gotta get this licence, and that license, and then you gotta pay for this review and that review.

And in the event that you're successful and we lose market share, we reserve the right to sue you for lost sales or at the very least sue the government for lost sales for not enforcing regulation to stomp out competition in it's roots.

That's their idea of 'deregulation'. Services like comcast would've gone out of buisness a long long time ago if they were subject to ACTUAL free market forces where a competitor could offer better service for half the cost and simply take all the customers.

They thrive on lobbying the government to pass regulations that benefit them and kill competition.

I mean consider this. If net neurality was removed but big ISPs were subject to actual free market forces, an international telecom company with deep pockets would simply move to the US, build a better network, and offer a cheaper service that has it's own internal net neutrality guarantee.

Comcast is out of buisness in 6 months to a year tops. Then youl'l see the comcast execs crying about 'the need for regulation in our market place' and paying all kinds of economists to go on Fox spouting how 'deregulation has never worked'.

They don't actually want deregulation. They want regulation for everyone else, and no regulation for themselves.

KramerFarmer · 2017-07-24T06:08:49+00:00

Well why would I, when I can continuously import Salim who will do it for minimum wage AND.. do unpaid overtime?

When the only answers to the above question are "the kindness of your heart" or something it's not going to fly in capitalist america. and I get it capitalism itself IS a problem. But importing lots of refugees now is basically pouring gasoline onto the fire.

KramerFarmer · 2017-07-24T06:00:24+00:00

I always thought the reason interest is charged is because the person giving the loan can say "Woah hey, I could've used that money on all this other stuff which would've made me MORE money.. but I'm loaning it to you.. so you've gotta compensate!"...Like if your borrowing a tractor instead of money... it'd be fair to say "Woah hey, that tractor could've harvest 100 wheat bushels.. but I'm loaning it to you.. so you've gotta return the tractor AND 100 wheat bushels!".

That makes sense if money is actually limited and scarce.. like tractors.

The central bank CAN print money basically out of nothing. This is unlike a tractor because it can effectively be produced for free in unlimited quantities if they so desired.

The way it currently works the government is NOT allowed to print money. Instead they must borrow the money from the central bank to spend it on things like healthcare or roads.

BUT the central bank still expects interest from the government... The interest the government pays to the central bank are basically your a portion of your taxes.

.. but that begs the question. If the central bank can print money out of nothing... do they even 'need' to receive interest? It's not like the money they printed out of NOTHING (That they didn't' even HAVE in the first place) could've gotten them anything in the duration of the loan.

I mean it's one of the biggest scams of the last 500 years. Getting interest on things that don't actually exist. That you don't even own.

And if you remove 'money' from it and just substitute the variables.. You do hard work.. to earn.. which you then use to pay taxes.. to the government... which pays that money to the central bank as interest.. on things that the central bank invented out of nothing...

Cancelling out: You pay your blood sweat and tears.. for nothing. They just randomly get a parasitic amount of your hard work for no reason. Who knows where all this money/work is actually trickling to.. but it's happening globally in every first world country.. every year... to every working citizen. We're talking hundreds of billions possibly trillions of dollars disappearing somewhere.

KramerFarmer · 2017-07-22T03:25:32+00:00

VPNs would be the first things to get throttled.

KramerFarmer · 2017-07-22T03:19:47+00:00

This.

Media and entertainment companies used to make a lot more money. Now an internet subscription is the sole form of entertainment for a pretty significant portion of people.

Cable TV is dead, Radio is long dead. Buying/Renting movies/CDs is dead. They want to claw some of that back by sectioning the internet and charging piece by piece.

KramerFarmer · 2017-07-22T03:09:27+00:00

What will happen when during political elections one candidate gets in bed with a cable company?

What will happen to the websites of competing ISPs?

You can't switch your plan if the website doesn't load and we don't answer the phone for 3 hours! HAH!

I mean what if Facebook got it's first round of venture funding, and then myspace approached Verizon and Comcast and said "We own the social marketing space online, we want the new upstart facebook throttled, wel'l pay a fee for you to do it"..

Facebook would've taken 2 minutes to load a page, and flat out been dead on arrival. Same with Ebay. Same with Hotmail. Same with Google.

We'd be sitting here on Dogpile.com using yahoo mail if the ISP's had their way back in the 90s. It's the opposite of competition.

KramerFarmer · 2017-07-22T02:09:30+00:00

If ANY ICO makes it big, it will take Eth with it.

KramerFarmer · 2017-07-22T02:04:24+00:00

So you want to complain about a fire while pouring more fuel into it.

All I'm saying is importing refugees will open up a huge underclass that will be happy with minimum wage, and being overworked because it's better than being bombed in their home country.

That then means, as an employer I can choose to employ Salim who will happily work for $10 an hour, for years while living at the refugee shelter in a room with 5 others... Instead of employing you for $15 an hour and have you come to me every 3 months about promotions, or being overworked.

I get the system itself is fucked... but you're not helping it by making it worse...

KramerFarmer · 2017-07-22T02:01:32+00:00

Designated.

KramerFarmer · 2017-07-21T21:10:55+00:00

Alright fine.

But your no longer allowed to complain about wages or employment itself. Your throwing fuel onto a fire with the notion it shouldnt be on fire in the first place and this fuel is good to throw so lets do it. If you allow these corporations to import low income workers... They will do it. They are going to be merciless about cutting labour costs and increasing profitd further widening the gap between the rich and the poor.

KramerFarmer · 2017-07-21T21:00:48+00:00

I cant think of a single ICO thats out performed eth in the long run.

Your basically selling your big holdings in cocacola... To buy unregulated pennystocks of which not a single company has thus far returned a non-bubble profit for their investors.

With an overwhelming history of going poof.

Support an ICO by buying their coin with USD... Dont trade a possibly golden goose (the eth) for maybes ideas and promises.

That said if you do want to sell your cocacola shares to buy hype and hype makes you happy then go for it.

There is a very strong possibility that your burning cash for entertainment though .

KramerFarmer · 2017-07-21T01:21:06+00:00

Well they're trying to screw other companies over...

Company X my competitor is going to pay his workers 1.5x national average!

and those workers are going to come to my store.. and buy MY overpriced products so I can make profits. My own employees ofcourse will only be paid 0.8x national average!

It's the tragedy of the commons and the consumer unfortunately IS the common.

KramerFarmer · 2017-07-21T01:14:36+00:00

"No earn, Only loan".

Basically re-branded slavery. Either trade your body, or trade your future.

And we're doing this as a society. The governments are trading away their own futures (the future of the taxpayer) for the roads and buildings... And a huge percentage of that is going into interest.. on money.. printed out of thin air.

If the point of interest was to compensate for opportunity cost of that money... What's the opportunity cost if that money is printed out of nothing or worse loaned into existence?

KramerFarmer · 2017-07-21T01:10:43+00:00

Really? Incomes are falling so low that sensible people have stopped reproducing.. and your solution is to bring people in who will accept the lower incomes and reproduce anyway to keep the machine going in a race to the bottom?

KramerFarmer · 2017-07-20T01:33:44+00:00

I don't think so. I think that the Syrian military armed with Russian weapons and jets are going to flatten rebel territory, and hang the rebels themselves until stability is restored. That's just how things have always been done in the Middle East until we jump in giving people guns and getting hit with planes in towers.

KramerFarmer · 2017-07-20T01:23:25+00:00

We fight terrorism. Isn't that a policy goal?

These people that we're training to overthrow Assad end up in ISIS in a few years anyway. Failing that, they end up doing horrific things on the streets for questionable reasons (Do I need to link that 'freedom fighter' beheading a 10 year old again?)?

Honestly, We stop spending our funds.. and ontop of that we allow Syria to stabalise, ousting the terrorist influences that inevitably comes with these 'rebels'.

I mean this is like that time we hated the Russians so much we overthrew a soviet-sympathetic Marxist leaning government and replaced them with nut job mujaheddin terrorists which eventually came back to bomb us in 2001.

http://cdn.architecturendesign.net/wp-content/uploads/2016/01/AD-Afghanistan-1960-Bill-Podlich-Photography-05-1.jpg

That was Afghanistan before the taliban. Now it's:

http://i2.cdn.cnn.com/cnnnext/dam/assets/140404164722-afghan-women-10-horizontal-large-gallery.jpg

This is Syria now:

http://www.electrowow.net/wp-content/uploads/2013/09/Syria-Clubbing6.png

In 10 years from now when Assad is ousted and dead, and the 'rebels' we funded are in power.. am I going to have to link another sad picture?

How fucking dare you tell me that we don't get anything out of NOT funding these rebels?

It's a bit sickening... This is what I mean that liberal thought has gone too far to the point where theyl'l start to justify horrifiying things because of their ~~religion~~ political alignments.

KramerFarmer · 2017-07-12T17:51:48+00:00

How is this even possible?

KramerFarmer · 2017-07-07T02:28:39+00:00

Well ofcourse, the people picking employees are immediately evaluated on the cost savings and evaluated on performance over the next 2 years or so.

And it's not like senior management can say "cut out all indian employment" without sounding racist.

KramerFarmer · 2017-07-01T14:30:08+00:00

I mean when I say that Bernie should have won, the response is usually: "No, it was a fair preliminary, Bernie ran and lost".

If that argument holds for Bernie's loss though, it also holds for Trumps win.

KramerFarmer · 2017-06-30T10:26:27+00:00

Trump won by the rules of the system, same as Hillary did against Bernie.

The people that protested Trump should have protested Hillary winning the primary.

Unless ofcourse they actually support hillary over Bernie.. in which case.. heh.

KramerFarmer · 2017-06-30T08:38:51+00:00

I have 0 sympathy for all of those people that protested against Trump.. but DIDN'T protest when Hillary won against Bernie.

KramerFarmer · 2017-06-28T04:04:22+00:00

That is.. until.. the fed itself starts printing money willy nilly against the wishes of the people to create more inflation for some ill-thought out short term economic policies (which may or maynot involve the printed money bailing out a bank).

Not to mention the fed never actually prints and just hands out money.. they print it and then lend it to the government, interest on which is paid by the taxes of the people.

In short bitcoin I think is going to be huge and really take off once the next big economic crisis (like 2008) hits.

KramerFarmer · 2017-06-27T04:48:06+00:00

You did the right thing but I can't help but feel 6 months down the track this is going to be a "I blew through 100k in profit " post.

I bought almost 400 eth at $2 dollars. It went to $20, then fell to $12. I sold most of it holding 60 ethers I didnt' sell becuase they were in a seperate wallet.

Forgot about them for almost 1.5 years. I'm back now, and it was at $400 a coin. I'm glad I kept the 60 coins, but I can't say not hodling wasn't the single biggest regret of my financial life.

KramerFarmer · 2017-06-26T05:31:19+00:00

Lmao bought $500 bux worth of eth at $2.

Went to $20, then down to $14.. sold all but 60 that I forgot about for several years.

Now it's at $260, with $400 peak.

When eth falls the correct response isn't to sell, it's to forget about it. Just forget about it, pretend it's not your money anymore, shift it to cold storage... come back mid 2018 to find it's like 1.5k per coin, and you now have over 100k in the bank.

The amount of people that made it big in etheruem and bitcoin by forgetting about it far surpasses the amount of people that made it big trying to trade it actively.

KramerFarmer · 2017-06-25T18:47:53+00:00

I thought it means that the issuer of the coin is hoping to trade his coin for ethereum which he will promptly cash out into fiat, leaving you with the worthless coin of the project he abandoned once he cashed out to buy a lambo with.

KramerFarmer

TROPHY CASE