• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Your Life According To The Government

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Fri, 02/11/2011 - 19:45 | 954556 cougar_w
cougar_w's picture

epic lulz

actually kinda depressing

bipressing lulz, then

Fri, 02/11/2011 - 19:55 | 954587 nuinut
nuinut's picture

Nailed it.(both you and the vid, that is...)

Fri, 02/11/2011 - 20:05 | 954616 downrodeo
downrodeo's picture

+1 i had to watch it twice. Half way through my mind went to a place that was so far away i could see russia. gotta love those innate defense mechanisms...

Fri, 02/11/2011 - 21:57 | 954898 66Sexy
66Sexy's picture

since when does america need 'UN approval' to go to war

Fri, 02/11/2011 - 22:08 | 954919 New_Meat
New_Meat's picture



of course, he was against the test, before he was for the test.

- Ned

Sat, 02/12/2011 - 00:54 | 955182 Attitude_Check
Attitude_Check's picture

Since we signed the UN Treaty, shortly after WWII.

Sat, 02/12/2011 - 10:23 | 955576 Arkadaba
Arkadaba's picture

+ true

Sat, 02/12/2011 - 04:47 | 955410 CH1
CH1's picture

It doesn't. That was just the excuse to get around Congress having to declare war.

Ya see, if we have these treaty obligations that Congress has already approved... and it our treaty partner says he needs us... then the big Jeffe can just say GO.

Another Constitutional safeguard bypassed! Hooray for our superior politicians!!

Sat, 02/12/2011 - 05:09 | 955422 pcrs
pcrs's picture

Yes, I also was suprised by him saying that. War is bad, unless it has congressional or UN approval, then you can board your airplane, fly to a distance country and go on a killing spree with weapons you paid for with stolen money. You just need a bunch of guys to rubber stamp it and you are good to go. But otherwise, still a good video. High pace though.

Sat, 02/12/2011 - 13:15 | 955787 DosZap
DosZap's picture

Since we have pussies for leadership.

Sat, 02/12/2011 - 06:20 | 955449 Michael
Michael's picture

The results of global cooling are coming in;

"Houston - The cold weather experienced across much of the US in early February made its way deep into Mexico and early reports estimate 80-100 percent crop losses which are having an immediate impact on prices at US grocery stores with more volatility to come.

Wholesale food suppliers have already sent notices to supermarket retailers describing the produce losses in Mexico and the impact shoppers can expect. Sysco sent out a release(pdf) this week stating the early February freeze reached as far south as Los Mochis and south of Culiacan, both located in the state of Sinaloa, along the Gulf of California. The freezing temperatures were the worst the region has seen since 1957."

According to Sysco’s notice sent out this week:
“The early reports are still coming in but most are showing losses of crops in the range of 80 to 100%. Even shade house product was hit by the extremely cold temps. It will take 7-10 days to have a clearer picture frome growers and field supervisors, but these growing regions haven’t had cold like this in over half a century.”

“Supplies of tomatoes, peppers, cucumbers and other vegetables from Mexico will be severely limited until at least March following an early February freeze.”

Jerry Wagner, sales and marketing director for Farmer’s Best, based in Nogales, AZ, said: “The end of February and the first half of March, there will be even worse shortages of product” than during the first part of February, The Packer reports.
Wagner called it “a miracle” if 20 percent of the cucumber crop survives. Yellow, green and grey squash took the biggest hit. “Some plants will come back but the vast majority is lost,” Wagner added.

Sysco called the Mexico freeze an “unprecedented disaster” and noted the volatility of the matter in its release:
“With the series of weather disasters that has occurred in both of these major growing areas we will experience immediate volatile prices, expected limited availability, and mediocre quality at best.”

Sat, 02/12/2011 - 08:40 | 955507 creviceCaress
creviceCaress's picture

















that has nothing to do with the threads?


if you THINK you know what the fuck is going on with climate, go to climate progress or real climate and go to town......they, for some reason, think that the planet is warming....crazy, huh?......and the people there can play tag with globalcooling.warming/shitting/whatthefuckever.........


is its cooling, yer screwed


if it warming yer screwed


if they carbon tax yer ass, dont pay it.


leave me the alone with your long posts about poo-poo

Sat, 02/12/2011 - 11:20 | 955631 Michael
Michael's picture

"The results of global cooling are coming in"

Are these 8 words all it took to set you off? I'll go for 7 next time.

The rest is accurate info from a news story that will lead to higher food prices, not my fault. 

Sat, 02/12/2011 - 13:52 | 955726 slewie the pi-rat
slewie the pi-rat's picture



yo!  crevicareless:









AND DIE YOUNG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

YouTube - Buffalo Springfield - For What It's Worth

w/ video fr. Smotherz Broz (if U like stephen stillz):  YouTube - Buffalo Springfield - For What It's Worth -Smother Bros show  (oh---and neil young, too, playing harmonics)

M's ok, in my book, tf,  fight club, OK, friend?  peace.

Sat, 02/12/2011 - 13:55 | 955852 Armchair Bear
Armchair Bear's picture

Better version:


Buffalo Springfield - For What It's Worth (something's happening here) dedicated to Aaron Russo



Sat, 02/12/2011 - 14:49 | 955927 Michael
Michael's picture

Thanks for the support STP, appreciate it.

Sat, 02/12/2011 - 15:08 | 955965 slewie the pi-rat
slewie the pi-rat's picture


as they say in the capenters' union--they guys & gals w/ the golden hammerz, YouTube - Doug Clark & the Hot Nuts "Baby Let Me Bang Your Box Pt. 1"

Sat, 02/12/2011 - 15:08 | 955966 slewie the pi-rat
slewie the pi-rat's picture

as they say in the capenters' union--they guys & gals w/ the golden hammerz, YouTube - Doug Clark & the Hot Nuts "Baby Let Me Bang Your Box Pt. 1"

Sat, 02/12/2011 - 12:37 | 955741 Hulk
Hulk's picture

Actually, global warming = lots o food. Global cooling = real disaster, if it proceeds as it has in the past...

Sat, 02/12/2011 - 13:55 | 955850 Rodent Freikorps
Rodent Freikorps's picture

Move south.

Sat, 02/12/2011 - 16:36 | 956150 SilverDOG
SilverDOG's picture

"Global Warming" often, in geological terms,

has a nice little micro ice age directly in front of it.

Especially when its normal 26,000 yr cycle is augmented by a

retarded, masochistic, self indulgent, suicidal, "Global Parasite" humans.


Sat, 02/12/2011 - 02:29 | 955313 Freddie
Freddie's picture

Sadly it was pretty damn accurate.  BTW - the cartoon character at 3:23 stealing my Social Security looks like William Banzai 7. 

Sat, 02/12/2011 - 07:46 | 955476 velobabe
velobabe's picture

the social security bandit, bitchez†

Sat, 02/12/2011 - 13:57 | 955857 Armchair Bear
Armchair Bear's picture

don't listen to him Bill, you are much cuter even if not shaven!

Sat, 02/12/2011 - 02:52 | 955341 Terra-Firma
Terra-Firma's picture

Let me throw this thought and life example your way...I use Google Earth Pro increasingly as a basis for shared communication to accelerate conceptual project design and too bridge across professional boundaries. Fewer egos more product faster learning cycles and more fun - no boredom. We share our Knowledge spatially because it empowers better mutual decisions. We talk the same language. Know why? it makes me money by helping others make money. It's as if the physical and social sciences have found a common vocabulary. And imagine. plant earth. Occam's razor or what :)

 In 2005 Marcus Hutter mathematically proved that shorter computable theories have more weight when calculating the expected value of an action across all computable theories which perfectly describe previous observations.

A theory of the post industrial world order and it's manifestation in the market as we knew it.

We are now fully entering the post-industrial cybernic age and are at the threshold of our next evolutionary step. if we make it. My theory is that Google, Microsoft, Intel and similar sectors are owned by government, just as the Chinese government owns all its multi-national corporations. For strategic management purposes. In the US we moved to what the tea & "pot" people call statism or facism.

We simply do not have a paradigm from which to understand what is happening to economies in highly modernized hyper-cyberconnected countries. From my vantage point, the US is becoming a knowledge creating factory that is empowering people all over the world to transcend the limitations of their physicality. So, when the physiological distance between peoples' physical reality and their cyber reality becomes to great ie., the dissonance becomes unsupportable; they act! Empowered people may not do much, but empowered, hungry people with a growing digisense (a sixth sense we are evolving) topple governments. A Egyptian Google executive in Egyt was one of - "the people" looked to for leadership in the recent Egyptian turmoil.

So here you go. We human beings are transcending borders and our limitations. Where that will lead nobody knows. As I've said before, as the pen and the written word enabled us to transcend our communication and knowledge boundaries The pen enabled an evolutionary step. Imagine if you will what nano-technology combined with our ability to create new living organisms through DNA programming. And that is just the beginning. We are in the process of another evolutionary step wherein we are loosing our survival reference points. That is where I see future value creation. We program and grow our furniture and walls are living light emitting photo algae that also purify the air. Crazy? Like trying to convince a Neolithic man his ancestors will walk on the moon.

Evolve or die bitches.



Sat, 02/12/2011 - 03:52 | 955385 The Real Fake E...
The Real Fake Economy's picture

agree (with the parts I can understand anyway)

Sat, 02/12/2011 - 04:50 | 955414 CH1
CH1's picture

Why would you want to give Google all that information????

You realize, I hope, that YOU are the product Google sells to the people who actually pay them.

Sat, 02/12/2011 - 15:01 | 955948 Terra-Firma
Terra-Firma's picture

You make it sound like you have no choice in the matter of change. Self-defeatist technocratic attitude. You have all the choices. Now decide. Every dollar spent is a vote for the economy you want. Nobody is forcing you to spend your money.

Sat, 02/12/2011 - 05:49 | 955433 cossack55
cossack55's picture

I figure we are all going to reap the latter option.  A good read...   The Last Gasp. Fiction, but fun.

Sat, 02/12/2011 - 07:22 | 955454 Michael
Michael's picture

I am all for the intangible social aspect from Internet cyberspace hive mind sharing of information and the free exchange of ideas it provides.

When it comes to putting into practice real world reality on the street dealing with thousands of different personalities, the animal instincts take over and cannot be tamed. Virtually everyone looks out for their own wallet.  Human behavior has not changed in 7,000 years and is not in danger of changing any time soon.

This is why we impose mortal conditions of restraint on ourselves acceptable to most of us. The Internet cannot do that. 

The best social order we have devised thus far is called the US Constitution.

Sat, 02/12/2011 - 09:04 | 955525 cossack55
cossack55's picture

Must disagree, Mikey. IMO, Articles of Confederation are far superior to constitution.  I need as little goobermint as posible.  You like goobermint, move to N. Korea.

Sat, 02/12/2011 - 14:13 | 955881 GoinFawr
GoinFawr's picture

I too like as little 'goobermint' as possible, for the middle class.

For big business (including, no wait, especially banks), I like a lot of 'regulation'.

In fact, I think there should be a regulatory formula that favours the poorest and penalizes the wealthiest.

IE Reverse the status quo (in America, anyway) 

It's callled a 'mixed economy', or 'indicative planning' and has been very successful where GS the IMF and all their cronies haven't been able to ef it up. (though not for a lack of effort, to be sure)

Bring on the junks and strawmen all you duped right wing loonies!!!


Sat, 02/12/2011 - 14:17 | 955885 Rodent Freikorps
Rodent Freikorps's picture

Why do you hate History?

Power corrupts. If your savior is government, you will be a slave.

Sat, 02/12/2011 - 14:44 | 955924 GoinFawr
GoinFawr's picture

Who said anything about a 'savior'?

Just trying to be realistic, pragmatic.

Realistic hypothetical:

Zero regulation means big business puts melamine in your milk and 10,000 babies die before everyone catches on and boycotts the company, if they can actually discover which producer it was.

Pragmatic hypothetical:

Zero regulation means that the handful of thugs you rail against today gain absolute control of your media, your food supply... shit, look around you, it's happening.

Zero regulation will essentially mean the exact same thing as absolute regulation.

While that may seem like a Zen koan... hell, maybe it should be.

Look, when I was fifteen I liked the idea of Anarchy too, and when I turned seventeen I realized that it was essentially the same ideology as pure communism (not Stalinism; for all you Americans hopelessly frozen in 1955), but when I turned twenty I had an epiphany:

Not all people are created equal, some are absolute and total assholes, and they like it that way. Whether it is by genetics or environment, it doesn't really matter (education may be able to remedy these handicaps-but that is another thread), so civil oversight of large populations in just plain necessary. And that involves some 'goobermint', some 'bureaucracy', some wasted capital (human sweat and tears). Less is better, of course, but to hope for zero is silly.

Better, IMO, to think of it as a limit function, as the variable representing 'goobermint' approaches zero, your happiness approaches infinity. Bro, I got news for ya, infinity might make up the universe, but your consiousness has a limited timeline.

You're delusional if you think the world, with this magnitude of population, will function smoothly in any other way.

But if you want to just tear it all down and 'let the chips fall where they may', I'm on board with that too. But trust me, some sort of organisation




Sat, 02/12/2011 - 14:54 | 955935 Rodent Freikorps
Rodent Freikorps's picture

How's the most regulated society in the entire history of mankind working out for you?

Life is simple. If a business screws the public, hang its executives. All of them.

Simple and not dictatorial.

Sat, 02/12/2011 - 15:06 | 955961 wisefool
wisefool's picture

Timmay cheated on his world bank 1099s. He is the "decider" for all tax recipets.

Sat, 02/12/2011 - 15:43 | 955982 GoinFawr
GoinFawr's picture

Whoops, I truncated myself up there.

To which society would you be referring RF? America? If so, I think you might want to take another shot at reading my post.

And I am doing fine, thanks for asking (!) But then again I have been extremely lucky, IMHO. "Some are born to sweet delight, some are born to endless night." and all that cal.

If a business kills a million people, but nobody can find them because they own all the media, and there is no civil oversight or institution to provide recourse, do they get away with it? Yes.

Life can be simple on an individual scale, but large numbers complicate everything.

FWIW: A dictatorship is one of the simplest forms of gov't, and I think you are going the route of confusing what I am talking about with Stalinism, which is the direction you have likely been conditioned to head since birth if anybody mentions certain words.

Honestly, unless you have 40 billion (at current exhange rates) in bullion  on hand, what I am talking about would benefit you and yours greatly.

Try reading it again.

Sat, 02/12/2011 - 15:57 | 956037 Rodent Freikorps
Rodent Freikorps's picture

The march of history REQUIRES govt. to become fascist.


From time to time the Tree of Liberty...

Lather, rinse, repeat. Human nature is not changeable.

I'm not arguing with your high-minded ideology. I'm just saying it is doomed to failure as governments always grow and take away liberties. Reality bats last.

Sat, 02/12/2011 - 16:06 | 956100 wisefool
wisefool's picture

There is an "app" and/or sociology degree for that. All my hopes that Putin does not make good on his promise to kill the love child of John Edwards, trial lawyer, senator and candidate for vice president of the USA.

Sat, 02/12/2011 - 16:34 | 956138 GoinFawr
GoinFawr's picture

'High minded'? Hardly. Just observing existing political systems that have been in place, and functioning nicely, for quite some time.  If 'reality bats last' it's hitting home runs today in a variety of nations. Not too hard to find successful examples of what I am talking about, either, if you are willing to take a look outside of your own screen door. And not one of them seem to be sliding down the slippery path to autocracy you've laid out for them.

On the other hand, in the home of the 'brave',  or land of the 'free'...

Sat, 02/12/2011 - 16:35 | 956153 Rodent Freikorps
Rodent Freikorps's picture

The US is failing. Our shield over Europe will fail.

Expect changes.

Sat, 02/12/2011 - 16:55 | 956196 GoinFawr
GoinFawr's picture

Erm, I don't share your belief that 'America has been protecting the world', rather the opposite, IMO. More like America the imperialist nation dominated by a bloated Industrial Military Complex stirring up hornet's nests worldwide with the intent of keeping their contracts alive and moving by killing anything that is alive and moving. The poorer and less capable of fighting back the better, too.


Sat, 02/12/2011 - 17:00 | 956205 Rodent Freikorps
Rodent Freikorps's picture

Your prayers will be answered.

Good luck.

Sat, 02/12/2011 - 17:05 | 956217 GoinFawr
GoinFawr's picture

Well, I don't pray, but I can dance!



Sun, 02/13/2011 - 01:50 | 957169 philgramm
philgramm's picture

An atheist who believes in gov't is still just a theist.

Sun, 02/13/2011 - 16:02 | 958001 GoinFawr
GoinFawr's picture

No, I believe in being realistic. And reality is that you can't have civilisation billions of people strong without some degree of organisation, cooperation and regulation with civil oversight.

Your 'turn of phrase' is meaningless.

TD: "...oh I get it alright. It's very clever. How's that working out for you; being clever?"

Ans. "great...'

TD: "Well keep it up then..."


Sat, 02/12/2011 - 20:12 | 956608 Count Floyd
Count Floyd's picture

Excellent post! 

Fuck ideologues!

Sat, 02/12/2011 - 22:38 | 956840 GoinFawr
GoinFawr's picture

"Scaaaary stuff kids..."

Sat, 02/12/2011 - 15:06 | 955962 Terra-Firma
Terra-Firma's picture

simplistic, linear and Marxist. Marxism was born out the age of plenty brought on with the industrial revolution when the critical issue was how to divide the spoils of plenty. Marxism and capitalism are poor frameworks from which to address scarcity while maintaining global social harmony. We have to move beyond the political rhetoric born out of post feudal industrialism and look to creating a framework that works better for us now. Old reference points old solutions.

Sat, 02/12/2011 - 16:45 | 955999 GoinFawr
GoinFawr's picture

Due to the way the replies in this thread are unfolding, I'm not sure if this was a response to my advocating the standing success of 'mixed economies'

If it was: Read it again, you're missing everything.

Hint: a little from column 'A', and a little from column 'B'

Simplistic? Linear? Not likely. Perhaps easy to explain, but it in practice it takes skill to balance.

Upon reflection, I probably shouldn't have used the politically charged words of 'favours' and 'penalizes'.

Let's replace them with 'encourages' (the poorest) and 'closely monitors (the wealthiest) to maintain a net benefit to society'

IE it's simpler to raise yourself out of poverty through hard work than it is to maintain an extremely indolent lifestyle at the expense of other's labour.


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