nathaniel

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  1. I laughed, but if it was as simple as copy-pasting hawaii across the nation we'll first have to jack up incomes and cut poverty rates. For that matter why stop at employment if we can copy paste at will, let's do the whole Hawaiian economy...palm trees in Detroit, private islands in S Dakota, etc http://en.wikipedia.org/wiki/Household_income_in_the_United_States -> Hawaii is 5th best in median income http://poverty.suite101.com/article.cfm/poverty_in_hawaii -> Hawaii had 5th lowest poverty rate (article dated 2008). If we're going to be fudging demographic factors, quit pulling your punches and let's go straight for Luxembourg or Lichtenstein. We'll just be more like them and the numbers will work themselves out. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29_per_capita My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  2. It's their million bucks, they can spend it how they want. Where did all the libertarians go? My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  3. So-called microfinance is often conducted at rates that would be usurious to those of us accustomed to liquid credit markets, generally because these are very high risk instruments for creditors. 20% - 50% APR, for instance. The alternative is no loan; praying for charity and its market distorting effects. Who can make a living farming rice or digging pit latrines when the NGOs will do it free? My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  4. Yeah, just look at how many lives were lost when InBev took over Anheuser last year. They made Al Capone look like an elementary school psychologist. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  5. I'd pay him $5 to pull the trigger and appoint himself to the Senate now, before the state legislature can strip him of the power to do so. He's still governor. Who says pay to play is a bad thing? It'd be hilarious. edit for syntax My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  6. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  7. As Gas Prices Go Down, Driving Goes Up All you big-oil haters / conspiracy theorists better come out in support of Europe style gas taxes in the US now. No more of this gas tax holiday bullshit, plzkthx. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  8. The Lake McDonald and Many Glacier lodges are fantastic. Huge, but great views. Seemed to attract an older crowd. Restaurants at the lodges are decent. The road accessible campgrounds are hit and miss, some of them are just in the woods with no attractions other than nearby day hikes. The ones near lakes / streams are very nice though, and worth camping at. There are basically no showers inside the park except for the lodges (which have them in every room like any hotel), so if you plan to do extensive camping you might want to factor that in. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  9. While we're at it, let's ban options. You don't want to have someone issue a put at today's price and a call on the same ticker below the put. That'd be like a short. What'll we do about people going long on negatively correlated securities? ... Hmm...Henceforth all securities shall be positively correlated. You know, to prevent some people from making money while others are losing. And besides, not everything will lose value at once, that's never happened before, right? My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  10. I'm no fan of the current administration (nor particularly impressed with the nominees) but TBH I'm having a hard time disagreeing with this sentiment. The financial sector is taking it pretty hard right now but the failures are largely of their own making. A few dozen execs and a few tens of thousands of 9-5ers out of work. Interest rates getting volatile and prices dancing a little. Throw in a dubious bailout and stimulus plan or two. In other words not too different from your average slowdown, just some of the losers were higher profile than usual. On the upside, the oil shock is subsiding and the hurricane season has largely spared us so far (knock on wood, eh). My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  11. Our economy is going to depend on China for the next several decades no matter where we get our energy from. And vice versa. You're begging the question here...it's a good investment because ? Because Denmark makes windmills? Come on. Creating jobs nets us nothing when they're made on subsidized dollars. It's a redistribution. You may as well increase unemployment insurance and let people find jobs at market rates. Or issue more stimulus checks (which is not to say that would be a good idea...). Besides, if we started cranking out 100x as many windmills on the backs of millions of suddenly trained subsidized laborers, what would happen to the price of windmills? Could we stockpile them and build up a strategic windmill reserve? It's a fairy tale. All that capital would be mothballed and wasted as the market glutted. Which is not to say that the market needs windmills to begin with; the wind industry is famous for sputtering to a halt when the tax dollars dry up. If anything what the wind industry needs is higher energy prices to be competitive. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  12. TBH I'm a bit struck by this. The whole reason we import energy now is that it's cheaper than making it at home. IOW, we would have a smaller GDP today if we had spent more resources on energy production than we did. When I see this kind of blather (ie the Forbes article) it strikes me as performance chasing, same as leads the naive to buy high and sell low. Yes plenty of people are chafing at energy prices today, but it's a big step to get from high prices today to sound investments for tomorrow. The market is already hard at work on this problem, and it has got plenty of subsidized dollars behind it to boot. Why do we need to do more in order to be like Denmark? Why all this doomsaying about the economy disappearing? What good is self-sufficiency if China or Saudia Arabia can supply us for less via coal and oil even after we have enough capacity to produce at home? Likely answers: 1- nationalism / xenophobia 2- influencing the market toward particular outcomes -- viz reduced marginal costs 3- environmentalism of some sort #1 is straightforward and I'm sold on it #2 in particular strikes me as somewhat populist, and this doesn't seem out of order considering Riddler's rant just above. #3 I'm not (presently) convinced that energy independence has anything to do with the environment... Would you agree then that driving toward energy independence is underwritten by nationalist and populist sentiment? Or is there another motivation behind it... My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  13. Well then it must be a wash, right? Or another reason to discount analogies on patterns of energy use. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  14. FTFY I wonder how much of their energy independence has just been outsourced to other countries in Forbes' assessment. Does it count against Denmark's energy tally when they import steel? My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?
  15. Both analogies are inappropriate for the stated purpose. Denmark doesn't grow much corn. Planting, growing, and harvesting corn takes energy. Ergo we should stop growing corn to be like Denmark, amirite? It's meaningless to extrapolate from Denmark's economy to United States' and it would be wasteful to adopt their strategies wholesale. "At what cost?" is half of the equation, though it seems to have eluded the discussion so far. My advice is to do what your parents did; get a job, sir. The bums will always lose. Do you hear me, Lebowski?