Recent comments

  • Every notice (at least it was true for me) that the history of labor in the United States isn't really covered in high school history classes (do they even cover history these days?). The focus on international history is so commonly kings and wars and one hears little about the people, the various guilds, middle classes, economics as well.

    It is astounding what labor has gone through in the United States to obtain bargaining power and rights and people need to realize what was really going on in history for labor to get some of the things people take for granted....or worse, sign up to throw away today.

    Did you see EPI's new short study on how unions do not undermine economic competitiveness and the result may be the opposite?

    There is some economic reality for us!

    Reply to: The Great Waterfront Strike   15 years 9 months ago
    EPer:
  • I've been there, done that with trolls and every site has them. Bear in mind the troll ranking on comments does add up and I will now assuredly put in an auto ban on trolls in the upgrade. It's semi here already and why the content promotion/demotion system as well as the ratings are in place.

    The comment ratings are also a nice way to acknowledge you read someone and appreciated their comment without having to write a reply.

    So, let's not go there in terms of degrading EP from it's original intent...which so far as been working great! and that is to give a voice to the amateur, the people the lay person, the middle class, the workers on economics, policy, labor issues. We know we have corporate lobbyists filling the MSM as well as cable TV with all sorts of pure economic fiction so the goal of EP is to intelligently dissect fact from fiction, promote policies in favor of a strong U.S. middle class..with the underlying assumption that a strong middle class means a strong national economy....
    and so on.

    There is a fine line between some misinformation, miscommunication, assumptions and then discussion on those, one of those "ah" moments....versus an agenda, or disruption, or something that's just so out of whack it's a time sink from hell to respond.

    When we have noise in the system, I frankly think you are of too ill health and I'm way too busy to focus on that noise. Let's just get the noise out of our site and focus on the issues we want to bring to light. Writing these posts for free is hard enough. Each one takes hours and hours of research, formatting, writing to make sure it's a valid, in depth post and none of us are getting paid.

    Those ads on the site, well, they do not even cover the server costs yet....so maybe is we just continue to do "our thing" which is to write, as citizen watch dogs, journalists, we might be able to make not only the site pay for itself but generate some secondary income for our writing efforts....

    I do not believe any of us really care about making money, more we care about inane economic policy that is destroying the United States of America...and why we are here, devoting hours upon hours of our time.

    My attitude is to not waste my time in a comment black hole dealing with issues not relevant to the site's purpose or our own.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • more details on the specifics can only be good. We have a very large database and on the upgrade I'm specifically looking for web tools to display complex mathematical equations, graphs, spreadsheets better.

    (if anyone sees these types of tools anywhere, let me know for I'm on the hunt to incorporate any tools to display economic data, graph it, pie chart it, etc. easily that I can find or write).

    Reply to: Tales From the Financial Crisis Conference - Psychokillers, Bad Math & Burn Baby Burn   15 years 9 months ago
    EPer:
  • I will give you this link which, I think, answers your question. At least, it is the best explanation I have found to date (h/t Angry Bear).

    Reply to: Tales From the Financial Crisis Conference - Psychokillers, Bad Math & Burn Baby Burn   15 years 9 months ago
    EPer:
  • I read that, too.:-)

    Reply to: Tales From the Financial Crisis Conference - Psychokillers, Bad Math & Burn Baby Burn   15 years 9 months ago
    EPer:
  • Is a miserable failure. Human beings just aren't capable of reaching out beyond two degrees of friendship with justice. Once anonymity is in play, the risk of fraud becomes too great to continue the trust relationship.

    I see no reason to trust my life to somebody I don't know, and can't use violence against to enforce contracts that affect my life.

    Take away the violence and you've taken away the primary motivation to deal fairly.
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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: When the economic barrier of color was broken down   15 years 9 months ago
    EPer:
  • Since in his time, the King was the banker, George just shot the agents of the bankers.
    And the "old pudgy white guys in expensive suits" are the ones paying the folks trained in Armed Combat- and thus are just as guilty.
    Today, there are no civilians- only hostile invaders.

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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • If the banker is providing the funds for the diamond mine in Liberia- then he is connected. Yes, there should be a disconnect, and that disconnect doesn't need violence, unless the banker goes to Liberia to try to assert "ownership".

    And if the people are starving as a result of that banker's actions, then that banker has *already* committed violence- he fired the first shot. Are you saying that self-defense isn't valid?

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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • The purpose and value of wealth is to take a long view and invest in the future. That's why poverty is shameful, because it reflects badly on leadership and the elite--it's their failure. China takes a 50-75 year look ahead and plans
    accordingly. That's why we need an industrial policy. Laissez faire has been a miserable failure.

    Reply to: When the economic barrier of color was broken down   15 years 9 months ago
    EPer:
  • Seebert, you have convinced me on my next blog entry, and it is one that I really did not want to write. It is in defense of foreign workers and yes those "evil" bankers. But, I will honor Robert's aims on focusing on economics, well in this case the economic reasoning. Sadly, I can't show any charts or stats at the moment, so I hope our good man, RO, lets me take a slight turn. If I was well enough, I would make it a multi-part series, and really show you how you're wrong, but these days I can barely even get out of bed.

    Seebert, I honestly don't think you're evil or crazy. Just wrong, and hopefully we can be gentlemen about this. The advocation of violence is really not an answer. Oh I'm sure you will cite examples of "exploitation" that would even get my blood boiling. But there is a disconnect between a banker or investor in say the City of London and a diamond mine in Liberia or the Cote d'Ivorie. You remind me of a friend of mine, who basically advocated armed insurrection against business owners so that "the people" could own these operations. To him, everything was part of "The Commons", and thus "the People" should own them. If blood needed to be shed, so be it. He thought of himself as a brother of Che Guevera, and like Che, used revolution as an excuse to kill anyone deemed more better off than he.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • Goes back to the end of WWII, with the big grab between the US and Russia over German Rocket Engineers.

    Our one place we still have some global competiveness, according to the "spiky world map" is in R&D- and universities feed that research. We need to be able to attract "top talent".

    What I'd like to see though is absolute proof that those visas are going to top talent. I think to get a university H-1b Visa, one should, at minimum, be a patent holder.
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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: Offshore Outsourcing Firms, Microsoft Top the List for H-1B Foreign Guest Worker Visas   15 years 9 months ago
    EPer:
  • George Washington wasn't a dictator. But to equate the Red Coats and Hessian mercenaries, folks trained for ARMED COMBAT, to a bunch of mainly old pudgy white guys in expensive suits just shows how far out of sync to reality you have come. George Washington lead the military campaign in the rebellion against the Crown, but the leadership circle he was involved with first petition the Throne and Parliament. Yes foreigners were killed, but not in the same context that you are advocating. The foreigners in this instance were mainly military, and in few instances agents of the Crown working in civilian spheres. When Loyalists were held up by mobs, that is non-military folks, 90% of them were Englishmen who were born in the Colonies. There was no, I repeat, no institutionalized pogrom by George Washington against foreign civilians.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.
    Confucius

    It has always been about class warfare.

    Reply to: When the economic barrier of color was broken down   15 years 9 months ago
  • They are funded by the State like California. There are so many unemployed highly skilled Americans. The Non-Profits
    that hire h1bs should be published so it will be known when they ask for charity donations.

    If we can just stop universities and non-profits will make a big dent in the H1b program.

    Reply to: Offshore Outsourcing Firms, Microsoft Top the List for H-1B Foreign Guest Worker Visas   15 years 9 months ago
    EPer:
  • Is an entirely appropriate reaction to an invading hostile force. Even Augustine of Hippo thought so, when he coded the first version of rules for just warfare in the 360s.

    I also think it isn't "genocide". Genocide is completely different- it's the extermination of a minority group among your own citizenry. "Kill the foreigners" is instead just protectionism- defending your home and way of life from hostile outside influences that have come to destroy that home and way of life.

    In genocide, the target can't escape. In defending one's land against a hostile foreign invader, the foreign invader can always just admit defeat and go home.

    It's high time we stopped pretending that economic warfare is any different than hot warfare- and doesn't have the same consequences in the end.
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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • Is how to avoid the problem to begin with- noblese oblige.

    Either that, or ban wealth entirely.

    Those seem to be the two most stable options. When wealth is seen as doing good things in the community, rebellions don't happen. When wealth doesn't exist, neither does poverty.

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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: When the economic barrier of color was broken down   15 years 9 months ago
    EPer:
  • Was a dictator, right? After all, that's what he did in kicking the British off our soil.

    I'm just saying perhaps it's time the third world tells the first world to take a long hike off a short pier- and start enacting policies that protect their people instead of exploit them.

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    Moral hazards would not exist in a system designed to eliminate fraud.

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:
  • I think I read a post of yours a few years back about Bacon's Rebellion.
    The one thing that stuck was how the wealthy, well to do, rich land owners were most upset by how the rebellious, down trodden, unwashed masses had no respect for their accumulated riches and burned there houses. So much that they had newspapers in effect calling for them to stop.

    How the obvious just goes right by them.

    It has always been about class warfare.

    Reply to: When the economic barrier of color was broken down   15 years 9 months ago
  • Then I think most people are unaware that universities and non-profits get an UNLIMITED number of H1-Bs and need to be educated as such.

    In fact, I think I've heard universities arguing that the H1-B cap should be raised - which makes no sense since they are not affected by it.

    Also, there already exist an UNLIMITED number of visas for Workers With Extraordinary Capability, which fills the need for the ultra talented and special gifted at the PhD level. With this visa, there is no need for the H-1B visa which is usually used for workers with average capability.

    Reply to: Offshore Outsourcing Firms, Microsoft Top the List for H-1B Foreign Guest Worker Visas   15 years 9 months ago
    EPer:
  • an idea from an oligarchical dictatorship to me, seebert ;)

    Reply to: The Next Bubble To Burst   15 years 9 months ago
    EPer:

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