• Krugminator2's Avatar
    Yesterday, 07:01 PM
    That is separate issue. I was speaking just of what the taxpayers have to shell out and for people who do things the right way. I just rewatched the 60 Minutes from a few years back. That is pretty ridiculous how blatant members of Congress are with insider trading because it is legal for them.
    21 replies | 216 view(s)
  • Krugminator2's Avatar
    Yesterday, 05:48 PM
    Is Congressional pay really a big issue? There already is a check on Congressional pay. People get outraged every time Congress considers a pay increase. That's why they don't increase salaries often. Staffers get paid peanuts and live in a expensive area. Most Congressmen make less than they would in the private sector and have the expense of living in two places. They also give up a year of their life to run for Congress without a guarantee of winning.
    21 replies | 216 view(s)
  • Krugminator2's Avatar
    06-26-2017, 07:18 PM
    At least they are finally protesting for someone who legitimately did not deserve to get shot.
    2 replies | 92 view(s)
  • Krugminator2's Avatar
    06-26-2017, 06:11 PM
    https://fivethirtyeight.com/features/seattles-minimum-wage-hike-may-have-gone-too-far/?ex_cid= $1500 wage cut for minimum wage workers in Seattle last year. Turns out basic economics is still a thing that matters.
    3 replies | 120 view(s)
  • Krugminator2's Avatar
    06-25-2017, 11:58 AM
    I have no idea what the police would arrest the biker on. He didn't harm or endanger anyone. Clogging up public roads for protests is never okay, even with a permit. There are plenty of other places to protest. And if they didn't have a permit, the police should be tear gassing these people.
    75 replies | 1186 view(s)
  • Krugminator2's Avatar
    06-24-2017, 06:35 PM
    Milton Friedman first published the idea in 1962 in Capitalism and Freedom. He was an advisor to Nixon for a brief time. Friedman was the reason Nixon got rid of the draft. He was also the reason Nixon cut the link to gold and went to floating exchange rates. So I wouldn't be surprised if Nixon wasn't just repeating what Friedman told him to say.
    31 replies | 708 view(s)
  • Krugminator2's Avatar
    06-23-2017, 11:19 PM
    It is very rational. Knowing no other variable other than race, you can make a determination on competency. The first filter for my doctor was race. I go to an Asian doctor because I know statistically he is more competent than average. A black doctor on average will be far less qualified. 56% of blacks with a 3.2-3.4 GPA with MCATs in less than the 50th percentile get into med school. Those are terrible qualifications that shouldn't even get you into an unaccredited school in the Caribbean. http://www.aei.org/publication/acceptance-rates-at-us-medical-schools-in-2015-reveal-ongoing-discrimination-against-asian-americans-and-whites/
    40 replies | 576 view(s)
  • Krugminator2's Avatar
    06-23-2017, 10:23 PM
    It is remarkable that is an actual quote from around 1850. The same exact horrible arguments against freedom are made all day, every day 170 years later.
    213 replies | 4983 view(s)
  • Krugminator2's Avatar
    06-23-2017, 08:55 PM
    If Trump gets to replace Anthony Kennedy and he puts someone remotely close to Gorsuch, this will be a very successful Presidency. This is great news. The only thing that could top it would be Ruth Bader Ginsburg leaving.
    20 replies | 497 view(s)
  • Krugminator2's Avatar
    06-22-2017, 02:36 PM
    Pretty sure Yellen believes in monetary offset, which basically says that monetary policy is almost everything. Loose fiscal policy when unemployment is low requires tighter monetary policy to keep inflation from rising. Bernanke had tighter fiscal policy with the Sequester and tax hikes so loose monetary policy would be the objective. http://econlog.econlib.org/archives/2017/01/monetary_offset_2.html https://www.bloomberg.com/news/articles/2017-01-10/monetary-offset-defined-the-fed-s-wet-blanket-quicktake-q-a
    2 replies | 189 view(s)
  • Krugminator2's Avatar
    06-20-2017, 08:04 PM
    Ballgame. Republicans win. It looks like it is going to be a much more comfortable win than expected.
    36 replies | 648 view(s)
  • Krugminator2's Avatar
    06-20-2017, 05:14 PM
    Worth a watch.
    34 replies | 675 view(s)
  • Krugminator2's Avatar
    06-20-2017, 03:22 PM
    https://www.downsizinggovernment.org/federal-worker-pay Probably a smart idea for most people. You have a recession proof job, that pays significantly higher than private sector equivalents, where you can shut your brain off.
    6 replies | 199 view(s)
  • Krugminator2's Avatar
    06-19-2017, 05:42 PM
    It's been a while since I went to Greenfield Village. That seems like a good idea. Can't really go wrong with a Tigers game. I would say that is the next best option.
    18 replies | 310 view(s)
  • Krugminator2's Avatar
    06-18-2017, 07:59 PM
    An African sounding name puts a kid at a competitive disadvantage. That alone makes those parents bad parents. That said, nobody is dumping a resume from someone with a high GPA in math, science, business or engineering regardless of their name. Kwame isn't having his resume dumped with a real background. In fact, he is getting hired at a higher rate at a higher salary than an equivalent white or Asian kid with his resume. However, if a kid has has an African studies or sociology or gender studies degree regardless of gpa, along with a African name, that is just a problem waiting to happen. That kid is going to have a problem on the margin because an employer is going to know that kid is prone to bullshit thinking and more likely to file a discrimination lawsuit. Whereas a white kid with the psych degree on average is going to be less of a lawsuit risk and probably will get a few more opportunities.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-18-2017, 11:02 AM
    Neither one of those people would criticize Obama as homophobic if he were fighting for his life after an assassination attempt. Cenk or one of the degenerates on his show might/would say the same thing about a Republican. I wouldn't be surprised if they said something nasty about Scalise. Marriage is a religious institution not a right. You have the right to make contracts. Given that the situation is complicated with inheritance taxes and income taxes, I support gay marriage as a practical measure. It isn't a right. First thing that shows up on Google. Already infuriated. https://www.indyweek.com/indyweek/the-rev-jeremiah-wright-and-americas-racist-cake/Content?oid=4757457
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-18-2017, 12:02 AM
    I'm not inconsistent at all. Marriage isn't a right. I am for gay marriage but being against gay marriage isn't bigoted. I am pointing out that George Takei is representative of the leftist mentality. Greenwald and Rubin are not remotely representative of partisan leftists. Takei would never have such virulent hatred if Obama were in the same situation as Scalise. No. David Duke is clearly awful. But Jeremiah Wright is on a whole different level. And in Obama's situation where he had a close affiliation versus basically no affiliation from Scalise, Obama's involvement is infinitely worse. No. That situation is complicated. Rothbard and Rockwell wrote the newsletters and I think Ron had a tough time saying no to people.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-17-2017, 09:11 PM
    There is no evidence that he is either bigoted or homophobic. The chair of the Congressional Black Caucus (which actually is a bigoted group) vouched for Scalise. And what "rights" is Scalise for taking away? I guess you are talking about gay marriage. So what? Scalise has the same position Barack Obama had 5 years ago. How many leftists called Barack Obama homophobic? None. Glenn Beck was thoroughly denounced and booted off the air for calling Obama racist. Obama sat in Jeremiah Wright's church for 20 years. There is better case for calling Obama racist than Scalise for speaking at an event that David Duke attended 15 years ago.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-17-2017, 08:53 PM
    876073788072493057 Just a reminder, leftists are the worst.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-17-2017, 12:49 AM
    Trump won't get a primary challenge. If he were in that bad of shape politically, it is more likely he would just not run for a second term. Amash and Sanford are the most liberty oriented people that are likely to run in the future. I really doubt Rand will run again while he is a member of the Senate.
    4 replies | 281 view(s)
  • Krugminator2's Avatar
    06-16-2017, 10:46 PM
    Isn't a sale tax the least intrusive tax? Income taxes discourage production. A consumption tax discourages consumption. If you are going to discourage one or the other discouraging consumption would be preferable. An income tax is entirely bad. A sales tax might shift behavior toward investment over consumption which offset the negative effects of the tax.
    89 replies | 2069 view(s)
  • Krugminator2's Avatar
    06-14-2017, 07:23 PM
    That's not a good example at all. That isn't chasing down and attacking someone for a political disagreement. Trump is saying to beat the crap out of people who show up at his rallies for the sole purpose of being disruptive. He is saying beat up protesters. And it should tell you something that right wing agitators did not go to Sanders and Clinton rallies for the purpose of being obnoxious.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-14-2017, 07:18 PM
    They just physically attacked a reporter from a paper owned by Rupert Murdoch in Australia.
    94 replies | 2140 view(s)
  • Krugminator2's Avatar
    06-14-2017, 07:06 PM
    By definition all Sanders supporters are idiots. And the big difference is leftists are violent. There was no Tea Party violence. There was some but minimal violence by Trump people. There have been tons of lootings, stabbings "hate crimes", and physical intimidation by leftists in the last 2 years. The number is probably at least 20 or more violent attacks from a leftist for every one attack from someone identifying as being political right. People on the right NEVER as a group say a person on the left deserve violence because of a political disagreement. A large percentage of the left does think people who oppose socialized medicine, minimum wage hikes, school lunches, taking guns away, etc are monsters who "get what is coming to them and hopefully will correct their evil ways."
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-14-2017, 03:10 PM
    Leftists are the most violent, intolerant people on the planet. These shooting are overwhelmingly done by leftists. Almost all vandalism and riots are done by leftists. When your whole ideology is based on using government violence to promote your social outcomes, it isn't a far leap to use violence on your own against people who get in the way of promoting your ideology.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-14-2017, 06:57 AM
    5 people were hit and it sounds. It sounds like the dugout both saved people but it allowed the shooter to continue for a lot longer.
    323 replies | 8391 view(s)
  • Krugminator2's Avatar
    06-12-2017, 10:06 PM
    Roseanne is a big Trump supporter.
    33 replies | 587 view(s)
  • Krugminator2's Avatar
    06-11-2017, 11:13 PM
    It actually looks like the perfect fooled by randomness chart to me. For example, the chart flattens in 1998 and 1999 and there was no recession for another 2 years. The Great Recession started in 2007 and ended in 2009. That chart show loans peaking in Nov of 2008 before declining. If you go farther back the chart flattens in Nov of 1982. The recession started in July of 1981 ended in Nov of 1982.
    25 replies | 677 view(s)
  • Krugminator2's Avatar
    06-11-2017, 10:41 PM
    Is it? Maybe. Probably not. Zero Hedge has a way of finding untested patterns in randomness that turn out to be meaningless. I always see people overlaying charts on other charts to justify their views. Here are some stock charts (some from ZH) that do just that and turned out to be noise. http://fat-pitch.blogspot.com/2017/06/today-is-not-just-like-1987.html
    25 replies | 677 view(s)
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