• P3ter_Griffin's Avatar
    Today, 03:28 AM
    P3ter_Griffin replied to a thread TIDBITS in World News & Affairs
    I really enjoyed this one. I hadn't seen a broadcast from these people before so I'm not sure if they have any lean. On Israel/US/Iran:
    3 replies | 141 view(s)
  • P3ter_Griffin's Avatar
    Today, 02:26 AM
    P3ter_Griffin replied to a thread TIDBITS in World News & Affairs
    John Bolton on what he thinks Trump admin means for relationship between Israel and US: Quick points: no space between Israel/US, thinks Obama admin has been to slow/timid in dealing with ISIS, move embassy to Jerusalem.
    3 replies | 141 view(s)
  • The Rebel Poet's Avatar
    12-05-2016, 07:47 PM
    Perfect description of A****, L************, S**************, H**************, et al.
    12 replies | 2318 view(s)
  • The Rebel Poet's Avatar
    12-05-2016, 07:33 PM
    Excellent analysis.
    12 replies | 2318 view(s)
  • P3ter_Griffin's Avatar
    12-05-2016, 05:30 PM
    Just another knock against incorporating a business in the US. Now the businessman has to ask himself, will I ever wish to move production out of the US? and, will I want to sell my product on the US market?. If so, they may wish to incorporate the business outside of the US to begin with. If that is the extent of his tariff policy though then at least it isn't as bad as it could be.
    7 replies | 244 view(s)
  • P3ter_Griffin's Avatar
    12-05-2016, 05:21 PM
    I think the tithe part is bad. Better would be to charge an additional 10% or whatever for your services (and let the customers know '10% of proceeds helps others receive care'). The tithe would incentivize poor people to partake in the system and decentivize weathy individuals from doing so and imo probably cause the whole shebang to fail. With this route for every 10 people you treated you could provide service to one for free.
    19 replies | 286 view(s)
  • The Rebel Poet's Avatar
    44 replies | 831 view(s)
  • P3ter_Griffin's Avatar
    12-03-2016, 02:52 AM
    Then the conversation is completely moot, is it not? Why run a deficit at all or even consider taxing individuals when they can just print all the money they need. Surely it would be less troublesome to just open a state bank and pay interest on deposits than it is to make individuals, corporations, and banks convert their money into bonds to accomplish the same. Why add the extra step? Talking about smoke filled rooms.....
    424 replies | 5627 view(s)
  • P3ter_Griffin's Avatar
    12-03-2016, 01:49 AM
    Ah, but it is not a theory. It is a simple truth. If private investors invest in government bonds they are not investing that money elsewhere. Trying to deduce this in some logical way does not work. Without knowing the implications of the central banks' policies around the world and without talking to the people who want to invest in government bonds I cannot say, other than that market participants (public and private) have made it so. An interesting theory though, I think: the individuals at the top of the food chain are happy with their lifestyle. By investing in government bonds rather than expanding operations it provides two profit sources, the government bonds, and the goods or services they sell to the government (or its employees) which is financed by their investing in government bonds. And at the same time it limits risk. A safety circle jerk of sorts.
    424 replies | 5627 view(s)
  • P3ter_Griffin's Avatar
    12-02-2016, 04:53 PM
    ah don't worry, the guy's kids probably didn't like him anyways.
    36 replies | 1433 view(s)
  • P3ter_Griffin's Avatar
    12-02-2016, 03:44 PM
    We've had a fair share of this cronyism under Walker in WI. I don't think it is an action to praise the state for, but at the same time I will always support 'less theft' even if only for the few. That this company (or it's parent company) receives public dollars makes it a little tougher to feel that way. Another important point, I think: the economy is a global phenomenon. Meaning that, as it sounds, no jobs were going to be lossed in this scenario. Just relocated. Generally this is a good thing, a company moves to an area best suited to the production of whatever it is that they are producing. So they can produce it more efficiently. Lessening the price of their good, leaving more money in the pockets of the purchasers of those goods, leading to the economy being able to handle more production. Real growth. In this case it is less clear if moving to Mexico would have lead to greater efficiency because of free-market principles, or if it was government distortions of the market which caused the company to contemplate the move.
    424 replies | 5627 view(s)
  • P3ter_Griffin's Avatar
    12-02-2016, 03:04 PM
    If the feds want to run a deficit they are *competing for* private sector savings, not adding to them. Those savings already existed and are used then to buy government bonds rather than bonds or stock or capital improvements for greater productive capacity in the private sector. By government running deficits they are removing assets that would have otherwise remained in the private sector. And they do so a second time when repaying the bonds through taxation because they did not spend the money in a productive way.
    424 replies | 5627 view(s)
  • P3ter_Griffin's Avatar
    12-02-2016, 03:39 AM
    I disagree. It might boost GDP *that year* or whatever. But long term what happens is the government removes private sector savings, as you mention, that would typically be invested in productive assets when the opportunities arose. Instead, because the government's 'customers' (taxpayers) are forced to pay the demanded price for the goods or services provided by the state whether they wanted them or not-- a tool not available to the private sector -- they spend the money Willy nilly without as much regard (if any) to what the returns for spending that money will be. And so there is no solid growth from government spending, only bubbles. And then, after having removed the private monies that would have been invested in productive assets leading already to less than optimal economic conditions, they tax the peasants from there gains in other productive endeavors because the state blew the money and has nothing to show for it.
    424 replies | 5627 view(s)
  • P3ter_Griffin's Avatar
    11-26-2016, 09:18 PM
    Just to be clear, are we talking about roads? I find it to be evident that whether it is roads, rail, or by air, the free market would supply immigrants travel to destinations they wished to travel to. If the public ownership of roads distorts immigration in any way I think it would be towards reducing the levels of immigration compared to what we would have in a free society. Counteracting that-- but a completely separate issue-- is the incentivizations the government provides (forcing hospitals to treat patients, providing their children public education, I'm sure there are more) that may bring about immigrants not looking for the 'American Dream'.
    18 replies | 638 view(s)
  • P3ter_Griffin's Avatar
    11-26-2016, 07:21 PM
    Sweet! I wish you the best and I hope I can help you in your pursuits in some way.
    22 replies | 724 view(s)
  • P3ter_Griffin's Avatar
    11-26-2016, 07:18 PM
    Arguing for 'open borders' is arguing for an absence of public immigration policies. I'd be willing to hear in what instances that is not the case. But on RPF's at least 'open borders' and 'globalist' have became synonyms for property right advocates. The thing that makes me most bitter about this topic is that it has been presented countless number of times that eliminating the government incentives for immigrants is both more libertarian and more politically expedient than furthering public immigration policies.
    18 replies | 638 view(s)
  • The Rebel Poet's Avatar
    11-23-2016, 06:22 PM
    Must be all those smart, hard-working people.
    168 replies | 398 view(s)
  • The Rebel Poet's Avatar
    50 replies | 757 view(s)
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