• Krugminator2's Avatar
    Yesterday, 06:24 PM
    I see Robert Murphy decided to trade in all credibility as an economist to make a few bucks selling whole life insurance. Really disappointing.
    8 replies | 649 view(s)
  • Krugminator2's Avatar
    11-22-2020, 05:24 PM
    1330639346630725632 1330648954044878849
    147 replies | 3703 view(s)
  • Krugminator2's Avatar
    11-22-2020, 12:39 PM
    Incentives matter. People have an incentive whistle blow in massive conspiracies and journalists have an incentive to uncover facts. That's why conspiracies are not a secret for long if they actually existed. The problem is conspiracy theorists (like you) are basically socialists who doesn't believe in basic economics and who don't believe markets work. I would no more consider Paul Craig Roberts' view than I would a flat Earther or Holocaust denier's view. He has long ago stopped being even a remotely serious person.
    147 replies | 3703 view(s)
  • Krugminator2's Avatar
    11-22-2020, 12:28 PM
    I could not think of a worse use of resources. I am not sure who I should believe. USA Today and The Wall Street Journal or the guy citing crackpot Paul Craig Roberts. Hard choice. https://www.usatoday.com/story/news/politics/elections/2020/11/07/trump-email-fundraising-would-pay-campaign-debt-fine-print-says/6202250002/
    147 replies | 3703 view(s)
  • Krugminator2's Avatar
    11-22-2020, 10:31 AM
    There's nothing there. This is probably some combination of Trump being a TV showman because he is likely going to be involved in rebranding Newsmax; muddying the waters for if he gets prosecuted after he leaves office because he can point to the election that was "stolen" from him and rouse sympathy; a way to raise money because his campaign is a zillion dollars in debt. The fundraising emails for his recount have a disclaimer saying at least 50% of every donation goes to pay off campaign debt. I understand people want to believe. I wish Trump won. But he didn't win. He wasn't even that close. If there were an actual conspiracy theory if would have to involve hundreds if not thousands of people from different states. Conspiracies that big can't exist. Someone would have proof and say something. There is no proof with this.
    147 replies | 3703 view(s)
  • Krugminator2's Avatar
    11-21-2020, 11:06 PM
    All I know is Cade McNamara is an NFL quarterback playing on a JUCO team. Michigan would literally have been shutout by Rutgers had this guy not come in off the bench.
    32 replies | 937 view(s)
  • Krugminator2's Avatar
    11-21-2020, 02:00 PM
    I am right handed. I play golf right handed. I throw right. I am right handed in everything-- except batting in baseball. I bat left because my dad started me left handed for those reasons in t-ball.
    17 replies | 529 view(s)
  • Krugminator2's Avatar
    11-21-2020, 10:07 AM
    I think they all add to the game but they aren't used as much because of sabermetrics. You basically need to steal second over 75% of the time for it to start showing positive value. So a guy like Rickey Henderson should always steal but most guys don't make it 75% of the time. https://blogs.fangraphs.com/breaking-down-stolen-base-break-even-points/ A more general article. https://fivethirtyeight.com/features/sabermetrics-is-killing-bad-dugout-decisions/ "n the other side of the ball, “sac bunting is bad” had been a sabermetric maxim for decades before “Moneyball” made it mainstream. Even now, Oakland’s bunt total brings up the rear, but more clubs are keeping the A’s company." Hit and run might be a good play. There doesn't seem to be much of a consensus on it.
    17 replies | 529 view(s)
  • Krugminator2's Avatar
    11-20-2020, 10:26 AM
    Massive difference in tax policy between Republicans and Democrats. The direction tax policy takes will materially impact the trajectory of a person's life and could make millions of dollars of difference in the average person's wealth accumulated over a lifetime.
    1 replies | 169 view(s)
  • Krugminator2's Avatar
    11-20-2020, 09:47 AM
    Don't feed the troll- or in his case, the prole.
    12 replies | 1747 view(s)
  • Krugminator2's Avatar
    11-19-2020, 07:21 AM
    Billionaires wouldn't be. They have free speech rights like everyone else. The reality is billionaires have very little power in politics. Bloomberg and Tom Steyer got nowhere. Dems spent a fortune is a number of Senate races and lost. The dollar amounts spent on politics is actually pretty inconsequential. And there is only a small correlation between fundraising and winning political campaigns once you get over a minimal threshold. The bigger problem is politicians bribing voters with free stuff. Free college, free health care, reparations, not cutting social security and medicare when they need are all ways politicians bribe people for votes. That should limited.
    5 replies | 363 view(s)
  • Krugminator2's Avatar
    11-16-2020, 03:49 PM
    The problem is stealing bases is a losing proposition for all but the best base stealers. Hit and run is usually a bad play or not much advantage gained. And bunting is basically never correct under any cirumcumstance outside of when you have an exceptionally poor hitting pitcher batting and two people on base.
    17 replies | 529 view(s)
  • Krugminator2's Avatar
    11-15-2020, 04:25 PM
    So truckers are acting like Black Lives Matter? I don't care what their cause is. Domestic terrorism is never okay. If they block traffic, they should be shot.
    45 replies | 1376 view(s)
  • Krugminator2's Avatar
    11-15-2020, 09:07 AM
    Since when did the modern liberal believe in individual rights? Leftists today view people in collectives and the greater good is their highest aim. I have yet to come across even one person in the public sphere on the left who I would consider an adequate defender of individual rights. I can name dozens on the right off the top of my head from people on the right. Since when did modern liberals believe in freedom of speech or religion? A majority of polls show they want hate speech laws, they tend to oppose private schools getting voucher money on religious grounds, they push for campaign finance laws and anti-discrimination laws, they want to ban prayer in schools. And since when do libertarians believe that the government shouldn't determine what happens to criminals? That's one of the major legitimate roles of government in a libertarian society.
    3 replies | 837 view(s)
  • Krugminator2's Avatar
    11-13-2020, 05:01 AM
    Watched this a few months back. Says he is glad itlibertarianism is never implemented because it is crazy and unworkable (not just with the virus) but he still says he holds those ideals even though they don't work and hopes they don't get tried. Not sure at what point in the video it happens but it's there. . He's long been my least favorite living libertarian because of how condescending he is. He speaks in a tone of tolerance and caring while shitting on people. Here he is saying Bernie Sanders is preferable to Rand, though I guess he backtracked https://reason.com/2015/10/13/penn-jillette-bernie-sanders-is-the-one/ https://www.cnn.com/2015/10/13/politics/penn-jillette-bernie-sanders-libertarian/index.html "This is all stuff a libertarian probably shouldn't say, but 'socialist' isn't a dirty word. It's a different way of looking at how the government works." Not even sure what his position is here but I guess he thinks bakers should be forced make penis cakes. https://www.cnn.com/videos/politics/2015/04/02/ctn-sot-indiana-religious-freedom-law.cnn/video/playlists/indianas-religious-freedom-law/
    17 replies | 608 view(s)
  • Krugminator2's Avatar
    11-12-2020, 12:31 PM
    I see absolutely nothing negative against Pfizer in this article. The last thing you bolded was related to Moderna.
    23 replies | 728 view(s)
  • Krugminator2's Avatar
    11-12-2020, 11:32 AM
    cro·ny·ism -the appointment of friends and associates to positions of authority, without proper regard to their qualifications.: The above is the definition of cronyism. Clearly, Pfizer developing an effective vaccine in record time is not getting special treatment without regard to qualifications. It is the private sector doing what the private sector does far more effectively than government. Bill Gates owning stock in Pfizer through his foundation doesn't give any money to Pfizer. None of the grants were for Covid. Besides that, I have no idea why Bill Gates giving money to develop life savings drugs is bad. Seems like a good thing. If he gave money to Pfizer for a Covid vaccine, I would say "Great!" but he didn't.
    23 replies | 728 view(s)
  • Krugminator2's Avatar
    11-11-2020, 07:26 PM
    You didn't present any data. They haven't receive a dime from the government to develop the drug which is of course what I meant. Now that the drug is developed and the government wants it, Pfizer is getting paid for their product. They aren't getting some special treatment from the taxpayer. In all likelihood, they are getting paid too little by the government and would be able to make far more charging a market rate. That isn't cronyism or parasitic behavior. The people at Pfizer are heroes. This is just more or your anti-business and anti-vaccine ranting.
    23 replies | 728 view(s)
  • Krugminator2's Avatar
    11-11-2020, 07:10 PM
    So I guess you favor the Bernie Sanders approach of just seizing the means of production and taking the vaccine that a company heavily invested in to develop? Here in America you still have to pay for stuff if you want it (at least for the time being).
    23 replies | 728 view(s)
  • Krugminator2's Avatar
    11-11-2020, 04:58 PM
    Except Pfizer didn't get any money from the US taxpayer or Bill Gates.
    23 replies | 728 view(s)
  • Krugminator2's Avatar
    11-10-2020, 06:52 AM
    The entire universe of stocks that went up a lot because of the pandemic got crushed yesterday. Literally every single one. Craziest day I have seen in a long time. Had nothing to do with no riots after the election. The guy who wrote probably works for free but he still should be fired for publishing this.
    5 replies | 534 view(s)
  • Krugminator2's Avatar
    11-08-2020, 08:32 PM
    Screed: a long speech or piece of writing, typically one regarded as tedious. Seems like the definition fits like a glove. In Rothbard's world Pat Buchanan, David Duke, George Bush, Nikita Krushchev, Che Guevara are the good guys. Milton Friedman and Ronald Reagan are the bad guys. Anyone who does good in Rothbard's world is bad for not being sufficiently pure. Anyone who is terrible is good if he has the right enemies in Rothbard's eyes. He cheered the Soviet Premier responsible for the Cuban Missile Crisis because in Rothbard's words because he killed fewer people than Eisenhower, you know the guy who beat the Nazis.
    25 replies | 1166 view(s)
  • Krugminator2's Avatar
    11-08-2020, 01:38 PM
    You keep posting these screeds. You say nope. The only thing that article addressed that I said were regulations. And even then the screed made a concession that the Reagan administration had some deregulation. Just because malcontents smear Reagan doesn't mean anything to me. They are like leftists. They are constantly aggrieved and unhappy and spitball anyone for trying to make things better.
    25 replies | 1166 view(s)
  • Krugminator2's Avatar
    11-07-2020, 01:38 PM
    Didn't mention end of out of control inflation. Didn't mention the deregulatory framework that helped bring about a 20 year boom. No mention of oil shortages ending because of ending price controls and windfall taxes And to think it was just a coincidence that the strongest Cold Warrior president who dealt with the Soviets head on had little do with the Cold War ending is pretty daft. To claim he was interventionist because he got involved in Grenada (a very small and very effective intervention that cost little and stopped a Soviet outpost). Lebanaon (very small scale and withdrew when 200 troops died) And to say bombing Gaddafi was unprovoked is a lie. Opposing a retaliatory attack after he killed US soldiers isn't libertarianism. It's evil pacifism.
    25 replies | 1166 view(s)
  • Krugminator2's Avatar
    11-07-2020, 10:00 AM
    Jimmy Carter put price controls and windfall profits taxes on oil companies and ended up with gas lines. Jimmy Carter didn't think inflation was a big deal until Reagan forced the issue near the end of his term. Jimmy Carter cut off all communication with the Soviets and escalated tensions with the Soviet Union. Ronald Reagan did the opposite of those things and ended inflation, shortages, and the Cold War. The foundation he laid led to 20 years of peace and prosperity. He put Antonin Scalia on the courts and not Ruth Bader Ginsburg. There is a big difference in the parties.
    25 replies | 1166 view(s)
  • Krugminator2's Avatar
    11-07-2020, 08:25 AM
    There was no election drama. Turned out to be almost completely drama free. I thought there was a chance we wouldn't know a winner for a month. We knew the next morning. Betting on drama turned out to be completely wrong. Nothing wrong with being wrong but not admitting it is a big error. And what fundamentals are bad? Companies are obliterating estimates this earnings season. Been an amazing earnings season. The economy is recovering much faster than expected. The Fed isn't tightening. Doesn't mean that the market can't go down. And valuations are stretched. But the trend in fundamentals is very positive. We are in a bull market. At some point it will end but it doesn't end when you or I say.
    6 replies | 806 view(s)
  • Krugminator2's Avatar
    11-06-2020, 07:16 PM
    Donald Trump was such a unique candidate driven by personality. I honestly don't know which direction the Republican Party goes on policy. I really don't see a small government person winning unless they have a unique set of circumstances and are extremely gifted like Reagan where their personality overpowers policy.
    32 replies | 990 view(s)
  • Krugminator2's Avatar
    11-06-2020, 06:59 PM
    Didn't vote for Rand (the most libertarian senator in US history) and voted for Biden. Yet, has an LP link under his posts. Not surprising. A significant number of Ron's voters were just malcontent, contrarian nihilists with no interest in living in a free society.
    40 replies | 1034 view(s)
  • Krugminator2's Avatar
    11-04-2020, 02:11 PM
    I assume you are being sarcastic and writing the most insane thing you can think of to troll the people. If not, no, nothing has been decided. Votes are still being counted. There is a narrow path for Trump to win where he overtakes Arizona and holds Georgia and Pennsylvania.
    403 replies | 17452 view(s)
  • Krugminator2's Avatar
    11-04-2020, 07:02 AM
    Honestly I have no idea what the window is for Trump to win right now. Basically has to win PA which is looking less likely to happen. Hold Georgia. And then somehow get Michigan or Wisconsin or Arizona (all of which seem done). Michigan looks like the best hope.
    566 replies | 19494 view(s)
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