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  • CaptUSA's Avatar
    Yesterday, 04:24 PM
    He’s right on the fundamentals, but he underestimates the value of being the world’s reserve currency. Because of that status, we have almost unlimited potential to keep this thing afloat. Almost. At some point, an alternative will surface and the game will be over.
    4 replies | 180 view(s)
  • acptulsa's Avatar
    Yesterday, 11:26 AM
    Considering "superior" justice appointments was their main selling point of Trump in 2016, the cognitive dissonance is hardly surprising. Or was it Kavanaugnitive dissonance?
    45 replies | 865 view(s)
  • Ender's Avatar
    Yesterday, 10:32 AM
    Yep. Interesting how the whole Kavanaugh "Me Too" shit show had all the Trumpa-lumpas defending Kavanaugh w/o ever acknowledging that he was the main power behind getting the Patriot Act through. I was called all kinds of names for pointing out that this was probably just to take everyone's eye off the man-behind-the curtain.
    45 replies | 865 view(s)
  • acptulsa's Avatar
    Yesterday, 07:59 AM
    So what you're saying is, the Democrats wouldn't be able to make the court more leftist if a Democrat named Trump hadn't made it more leftist. Right?
    45 replies | 865 view(s)
  • CaptUSA's Avatar
    02-23-2021, 07:55 PM
    An unauthorized walk-through of Capitol hill. That's ALL this was. Calling it an "insurrection" or an "attack" changes the definition of both those terms. This wasn't watering the tree of liberty, this was peeing in its shade.
    7 replies | 225 view(s)
  • CaptUSA's Avatar
    02-23-2021, 06:56 PM
    I remember when I was younger, I (heard about a guy who) played around in emerging market stocks. Buying, selling, averaging... When (that guy I heard about) had to calculate his taxes, he gave up. He figured if they wanted to come after him, it'd be better than trying to figure all that out. That guy didn't file at all that year. (maybe a couple of others, too)
    6 replies | 161 view(s)
  • CaptUSA's Avatar
    02-23-2021, 04:14 PM
    I didn’t think genders were revealed until 6 or 7 when the kid develops the maturity to decide.
    96 replies | 1829 view(s)
  • CaptUSA's Avatar
    02-23-2021, 02:10 PM
    As much as I'd like to believe that, I don't think he ever stood a chance, regardless of anything he did. (except, maybe standing up to all the lockdown madness instead of participating in it.) I think the media and big tech leveraged the pandemic and racial unrest to stir enough dissatisfaction to make a Trump loss plausible. And once it was plausible, the rule changes to the election sealed the deal. With those headwinds, there was no way he could have made it "not close enough to steal".
    45 replies | 865 view(s)
  • CaptUSA's Avatar
    02-23-2021, 12:20 PM
    Oh yeah! Lumber has skyrocketed! But there are still other home improvement items... Concrete, Landscaping, Flooring, Roofing, Appliances, etc... They're going up, but not as fast as the others.
    27 replies | 563 view(s)
  • CaptUSA's Avatar
    02-23-2021, 11:39 AM
    Only if you're a peon. Those at the top have been dying for inflation. They've been kinda mystified as to why it hasn't happened yet. The best thing for debt is to have future dollars worth less. If they can get the velocity to pick up, it'll be like winning the lottery for them. The latest wealth transfer will be completed. If you haven't done so, yet, now is the time to capture your wealth while you still have it. Land, metals, ammo, and home improvements. That last one hasn't skyrocketed in price like the others.
    27 replies | 563 view(s)
  • Ender's Avatar
    45 replies | 865 view(s)
  • CaptUSA's Avatar
    02-23-2021, 06:59 AM
    Roberts still went with the liberals. Looks like it was Alito, Gorsuch and Thomas who dissented this time.
    45 replies | 865 view(s)
  • osan's Avatar
    02-23-2021, 02:45 AM
    the heralds; in order to appease him they decided to send Xerxes two of their citizens in atonement for the cruel death inflicted upon the ambassadors of his father. Two Spartans, one named Sperte and the other Bulis, volunteered to offer themselves as a sacrifice. So they departed, and on the way they came to the palace of the Persian named Hydarnes, lieutenant of the king in all the Asiatic cities situated on the sea coasts. He received them with great honor, feasted them, and then, speaking of one thing and another, he asked them why they refused so obdurately his king's friendship. "Consider well, O Spartans," said he, "and realize by my example that the king knows how to honor those who are worthy, and believe that if you were his men he would do the same for you; if you belonged to him and he had known you, there is not one among you who might not be the lord of some Greek city." "By such words, Hydarnes, you give us no good counsel," replied the Lacedaemonians, "because you have experienced merely the advantage of which you speak; you do not know the privilege we enjoy. You have the honor of the king's favor; but you know nothing about liberty, what relish it has and how sweet it is. For if you had any knowledge of it, you yourself would advise us to defend it, not with lance and shield, but with our very teeth and nails." Only Spartans could give such an answer, and surely both of them spoke as they had been trained. It was impossible for the Persian to regret liberty, not having known it, nor for the Lacedaemonians to find subjection acceptable after having enjoyed freedom. Cato the Utican, while still a child under the rod, could come and go in the house of Sylla the despot. Because of the place and family of his origin and because he and Sylla were close relatives, the door was never closed to him. He always had his teacher with him when he went there, as was the custom for children of noble birth. He noticed that in the house of Sylla, in 58 the dictator's presence or at his command, some men were imprisoned and others sentenced; one was banished, another was strangled; one demanded the goods of another citizen, another his head; in short, all went there, not as to the house of a city magistrate but as to the people's tyrant, and this was therefore not a court of justice, but rather a resort of tyranny. Whereupon the young lad said to his teacher, "Why don't you give me a dagger? I will hide it under my robe. I often go into Sylla's room before he is risen, and my arm is strong enough to rid the city of him." There is a speech truly characteristic of Cato; it was a true beginning of this hero so worthy of his end. And should one not mention his name or his country, but state merely the fact as it is, the episode itself would speak eloquently, and anyone would divine that he was a Roman born in Rome at the time when she was free.
    1 replies | 174 view(s)
  • osan's Avatar
    02-23-2021, 02:45 AM
    If you have not read this, I strongly recommend you do so now. If I recall correctly, the little bugger wrote this when he was nineteen years old, or thereabouts. It is a work of strong intellect, if not outright genius. Not everything he asserts applies quite as he states in today's world, this almost entirely the case due to the vast advances in technology. Starving out the Tyrant may no longer be possible - note "may". To bring effective action against the Tyrant could precipitate retaliatory action such as detonation of a nuclear warhead in a major city, or the release of an engineered plague, these in the spirit of blitzkrieg or what today is termed "shock and awe". Lay a nuke down on Los Angeles and Americans would likely stop dead in their tracks and come to heel quickly, though that is not quite guaranteed. His writing style is very much like my own, only he is far better. Do yourself a favor and take in the fifty pages. I apologize in advance for the somewhat messy format, but this is how it pasted from the copied PDF. I do not recall where I got it or I would just post the link. Regards.
    1 replies | 174 view(s)
  • osan's Avatar
    02-23-2021, 02:26 AM
    Smells like more political circus. What's the point? Oh right - stupid voters. Silly me.
    27 replies | 740 view(s)
  • osan's Avatar
    02-22-2021, 07:40 PM
    Cooked this up earlier today, aimed at getting people to think about how screwed up are the very fundaments of the political framework of our lives. This applies gloabally and not just to Americans, though to us most shamefully of all. With regard to so-called “law”, I find it most curious to note that nowhere have I been able to find a definition of the term that did not possess the following three objectionable qualities: Arbitrariness, save in the otherwise lacking definitions of “natural” law.
    0 replies | 51 view(s)
  • CaptUSA's Avatar
    02-22-2021, 01:30 PM
    Here's a decent explanation of what we're seeing. They're actually PRAYING for inflation. In fact, one of the things they're hopeful will help is a higher minimum wage. (They don't give two shits about the little people) Velocity of money is an interesting concept and I'm not sure the Fed has come up with a good strategy to manipulate it, yet. But know this... Once it starts, it's going to go FAST! If the velocity starts to pick up, the value of the dollar will decrease - and why would you sit on a dollar that is decreasing? We'll all have the incentive to spend them. I'm not even sure which hedges will work this time. I suppose land and metals, but Bitcoin may work, too. Or it could get caught up in the wash. In any case, we are in uncharted territory, so lead is always a safe bet.
    27 replies | 563 view(s)
  • CaptUSA's Avatar
    02-22-2021, 12:20 PM
    Here's a good chart that helps explain why it's hidden: In order for price inflation to match currency inflation, you need a stable money velocity. If the velocity drops, then the monetary inflation will be obscured. When all this new money goes into stocks as opposed to goods and services, you are sort of redirecting the inflation. It's debatable how long you can artificially depress velocity, but a pandemic with artificial shutdowns certainly help.
    27 replies | 563 view(s)
  • acptulsa's Avatar
    02-22-2021, 11:56 AM
    Autocorrect changes everything that starts with A to Amazon.
    21 replies | 353 view(s)
  • CaptUSA's Avatar
    02-22-2021, 10:25 AM
    Lol - have you seen where some idiots want to peg it to inflation?! Inflation goes up, the wage automatically goes up. It doesn't take a Microsoft Excel spreadsheet to understand that that kind of circular logic doesn't compute. But hey, if you're carrying large amounts of debt and have a skill that will reflect the current market measurements, inflation is a godsend. Especially, if you have a Fed that will hold down interest rates for you. But imagine how hard it will be to get a new loan. The bank will know that they'll make more money by accruing their own debt instead of having someone else be in debt to them. The whole scheme just leads to collapse.
    13 replies | 377 view(s)
  • CaptUSA's Avatar
    02-22-2021, 10:16 AM
    Last time, it got us Ronald Reagan. This time it might get us Rand Paul. But that is a big "might". He'd have to make it through the party and that seems unlikely. It also got us incredible increases in spending. So, BCWYWF.
    27 replies | 563 view(s)
  • CaptUSA's Avatar
    02-22-2021, 09:56 AM
    On a personal note, I got my first "real" job in 1987 at the age of 14. The minimum wage at the time was $3.35/hr and hadn't been raised in 6 years. There was a long period from 1981 to 1990 where the minimum wage didn't rise at the federal level. By the end of those years, the minimum wage became meaningless since hardly any business paid it. This was the best thing in the world for me, as a poor 14 year-old kid looking for a job to help with the bills. Had the minimum wage been higher, I would have had to wait a few year before I could have entered the workforce. No one would have hired me. It was a pain in the ass trying to get a work permit, because you needed to have a job lined up before you could get a permit. It was hard, but I found an ice cream shop willing to hire me at $3.50/hr which helped me get the permit. Had the minimum wage been higher, why would they bother for a 14-year old with no work history? By entering the workforce early, I was able to offset some family bills which allowed us to move to a slightly better neighborhood and allowed me to gain some skills so that by the time I was 16, I already had a positive work history which helped me land a better job. I shudder to think what would have happened if instead of work, I had to waste my time elsewhere in those formative years. Kids today in that same position are benefitting from the fact that the mandatory wage hasn't risen since 2009. Raise the minimum wage again, and we ruin another generation of kids. A tragedy that could easily be avoided if these self-serving, pious planners would just mind their own business.
    13 replies | 377 view(s)
  • acptulsa's Avatar
    02-22-2021, 09:45 AM
    I stand corrected. Does that, in itself, make him credible?
    45 replies | 896 view(s)
  • CaptUSA's Avatar
    02-22-2021, 09:40 AM
    Oh, that's definitely in their playbook! They love themselves some protectionism. They only took a temporary break from that because Trump was a protectionist, but they'll be back soon. Here's an underlying, most sinister piece of this that most of us don't get. The people pushing for a minimum wage don't make a minimum wage. They make much more. So, how does it benefit them? By cutting of the bottom rungs of the "dollar measuring stick", it hastens the inflation. Inflation is the best thing that ever happened to people with big mortgages or student loan debts. If you can pay off those debts with dollars that are worth less, it's like a bonanza to your financial outlook. So as much as they like you to believe in their benevolence and their concern for the less fortunate, it's really all about themselves. At the expense of those at the bottom. Always is, isn't it?
    13 replies | 377 view(s)
  • acptulsa's Avatar
    02-22-2021, 09:22 AM
    Don't you get it? Up is left, down is right, and megacorps can't own country stations because Republicans listen to the stuff. Molyneaux hasn't been deplatformed because he's too popular and their ad revenues would suffer. Oh, wait, that's Trump. Oh, wait, Trump is deplatformed. Molyneaux isn't deplatformed because no liberal can stand to listen to that voice of his and watch him make faces for the hour and a quarter it takes him to get to the point. Yeah, that's the ticket! In short, there is no controlled opposition. Because if there were, dannno might have to work at finding things out, rather than kicking back with his bong and getting spoon fed.
    45 replies | 896 view(s)
  • osan's Avatar
    02-21-2021, 02:44 PM
    That whole situation, the statement in question in particular underscores and illuminates in stark fashion the true power of words. Modern culture errs in manifold ways and the gross discounting of the raw salience of words is perhaps the greatest of them all. The legal world is especially guilty of this. We are willing to play the odds and most of the time we win. But in cases like this, snake eyes rolls and everyone loses. Embrace The Stupid, reap its rewards in time.
    15 replies | 407 view(s)
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"And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

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My personal story (pt2)

by CaptUSA on 02-24-2016 at 09:57 AM
Among my many interests was electricity and I decided that I wanted to change how the industry operates. Understanding the free market as I did, I was pissed that the coolest discovery in the history of mankind was being regulated to death by the government. I wanted to change that.

I found a job as a part-time temporary meter reader. My girlfriend went ballistic that I was quitting a salaried job for a part-time temp job, but I had complete confidence in what I was doing. Meter

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Updated 02-26-2016 at 07:57 AM by CaptUSA


My personal story (pt 1)

by CaptUSA on 02-24-2016 at 09:55 AM
I’ve never used this blog feature before, but since people have wondered (and asked) about my personal story, I figured it was best to do it in here rather than the forums.

It may come across as anecdotal, but I assure you that this same type free market story is working itself out all over the country and the globe. Even in the face or increasing government interference.

I was born in Western PA the third of four boys. When I was still a baby, the second child died

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