3,851

(30 replies, posted in Politics)

Question: Can't basic care be a preventative tool against advanced care?

3,852

(30 replies, posted in Politics)

> [TI] Sitting Duck wrote:

> "Well Flint, think its time you off yourself, becouse humanity would sure get much better overall"

Iluvatar, STFU. I disagree with Flint on most things but comments like this are way out of line. You and others are nothing more than bullies. Having jokes or poking fun is one thing but ridiculous comments like this are way too far and are happening way too frequently. You are nothing but a moron and a bully and I would much rather have someone like Flint around than you.


Kudos for sticking up for legitimate debate over partisan politicking!

3,853

(54 replies, posted in Politics)

And a third of the world's Republicans were turned to dust.

3,854

(36 replies, posted in Politics)

> Chris_Balsz wrote:

> Or it can topple the government in favor of a fascist Islamic state. The Revolutionary Guard won't mind shooting its own people. A million paramilitary yahoos with their own rocket artillery.

1: The new government would still have the problem of the financial crisis.  Either the new government would go to the international community in order to get back international funding, or it would have to cut spending programs, which would once again upset the people, justifying a new revolution.
2: Please don't comment here.  There's already an Iran thread.  This is a one-on-one debate.
3: Remember, the people driving the revolution, if it occurred now, would be those motivated to overthrow the government.  The motivation right now is purely economic, so if the revolution happened as a result of the financial crisis, it would be led by big business leaders, such as the people running the bazaars, with the primary concern of getting sanctions lifted.

3,855

(714 replies, posted in Politics)

> xeno syndicated wrote:

> "Let's assume that there are only two possible values that can occur with each of those 5 Cs.  So there are only two colors, two clarities, two cuts, two carats, and two certificates.  2x2x2x2x2=32 different diamond credits you need.  And remember, this is only assuming there are two of each category, which is far from the truth."

> yes, so you'd have to have a thing called a "S.U.P.E.R.C.O.M.P.U.T.E.R." to keep track of things.  Have you heard of this technology, Zarf?  Nowadays, banks already have them, but instead of using them to provide better services, the banks used them so as to record how much they have profited off the public's nativity and ignorance, didn't you know?


Yes.  Banks have supercomputers.  However, I'm not arguing that it's hard to keep track of for the banking industry.  I'm arguing that it's hard for people to understand the individual differences between each nuance of a resource.  You proved yourself that I was right by not knowing the difference between the different forms of oil... and there are much less forms of oil than there are of diamonds.



> Look,  I'm not interested in talking to people who are so adamant and foolish in their apathetic, nihilistic, entropic, self-delusional, absurd, mediocre adherence to the status quo being the best possible option available to humanity.  That is not only BORING, but also irrational.


Oh, so if other people decide not to answer you, they're agreeing that your idea is good, but if you decide not to answer other people, it's because they're idiots?


> If you aren't interested in discussing solutions to the problems we are facing as a human species, and instead only want to discuss why such and such isn't possible, I'm far less interested in responding to you than someone who has at least some sort of insight into possible IMPROVEMENTS or SOLUTIONS that we can make.

So far, I am the only one who has proposed anything OPTIMISTIC, and for that I ridicule ALL of you, twits.



Wrong!

1: I'm arguing that your world is worse than the status quo.  The resource curse argument did this.  And my new line of questioning does this.  That means your world is blind optimism at best.
2: I offered an alternative solution which you have not answered yet: Backing the dollar to gold and silver.  This does everything you want it to do, yet it avoids the problems I discussed above.

3,856

(36 replies, posted in Politics)

1: Printing money doesn't slowly hide a financial crisis.  It pays the bills in the short term (and by short, I mean "first week"), but its effects are immediate, and huge when they occur. 
2: I'm going to shock you when I say this... but I think some countries in Europe would be willing to take down Iran if it was clear Iran was threatening nuclear war.  Most notably, France blatantly made it public policy that it would nuke Iran in response to terrorism.  Remember, this is France, the country you and I used to make fun of for being surrender-monkeys.  tongue
3: As for how close they are to their goals... here's the problem: the economic collapse slows down their goals for multiple reasons:
A: Less money to fund the nuclear program.
B: Military forces need to be diverted to handle social issues.
C: Other countries in hard economic times tend to focus inwardly on fixing their own economies.  The global financial meltdown, thus, will reduce the amount of nations willing to aid Iran since those nations risk their own butts for some foreign nation who botched up its economy.
4: As for your last paragraph... I have to fraction this sentence apart because some parts I agree with, some I disagree with.  tongue

First sentence: Agreed 100%.  I'm not operating from a "let's be compassionate" bullshit perspective.  Negotiation IS our use of power in this particular instance.
Second sentence: Agreed 100%.
Third sentence: First statement about not fearing the revolution is completely baseless.  I have two empirical examples to the contrary: Ahmadinejad reversing the sales tax during the financial crisis and Ahmadinejad reversing the gasoline rationing during a gas crisis.  Why?  Not because Ahmadinejad loves the people so much.  It was the rioting and boycotts that scared him shitless.  If the government didn't fear a revolution, they would not have reversed these two policies.

I have given 3 empirical examples on this.  You have given none.

Third sentence, second part: Disagreed.  If Iran was worried about slipping into utter decadence, why would the government:
A: Allow a populist to come into office,
B: Allow Ahmadinejad to subsidize food and gasoline, both encouraging needless consumption and decadence?

I would argue quite the contrary: The government wants to pacify its people by giving them cheap shit so they're happy.  Yet, as a result, it created decadence within its own society.  Seriously, the people went on strike over a 3% sales tax... and that's the only tax most people would pay.

The problem is, Iran already spoiled its citizenship.  They were used to $100 per barrel oil, no taxes, and cheap food and gasoline.  Now the people can't have all that, and they know who is to blame for it.  As the bazaar strike shows... they'll demand action.  This is possibly the best opportunity for a revolution, and a perfect opportunity for the US to externally gain some diplomatic clout by either extracting a favorable agreement out of a pacified Iran or by holding true to sanctions and letting internal strife take down the government on its own.

3,857

(42 replies, posted in Politics)

Yeah!  Who wouldn't want to wake up in the morning and go to the local town square to witness someone getting drawn and quartered?  smile

3,858

(36 replies, posted in Politics)

> Einstein wrote:

> Ok this is an easy one. Probably a warm up to some hard conversation on another topic I would guess.


Actually, no.  I just wanted to have this debate.  smile



> Iran in it's current state is not about money, nor is it about pleasing the masses. It is about religion.

This is exemplified via the Ayatollah and the ruling council. It is further enforced by the nearly daily edicts against Israel and weekly edicts against the United States.

They make a lot of TV time vilifying both of these nations. It is a national past time to the ruling class there.


Hold up.  Remember that right now, the threat of economic collapse brings with it the possibility of a coup.  The Ayatollahs can't develop nuclear weapons, start a holy war with the US and Israel, and wreak havoc on the world if they were just overthrown by a bunch of businessmen who think they screwed up the economy.


> This environment makes it impossible for Iran to truly seek out anything from the west. They cannot possibly make any steps, stress any, that would result in a reduction of the policies against them.

While there is a group of moderates, the ultimate power rests not in the President, but the ruling council and the Ayatollah (Who has the power to veto anything, and to create any laws he wants).

While there has been protests, and you are right that things do change in economic down times, I do not feel that Iran will be feeling the pressure to much in the coming days, as they can blame the United States for collapsing in on itself for the reduced profits.


Here's the problem with that: Iran has already tried this.  One of the first things Ahmadinejad did was say that evil America's decadence caused the crisis in Iran.  The educated people in Iran (i.e. the ones who would be running a revolution) didn't buy it.

The fact that Iran reversed both the 3% sales tax and the gas rationing means that, although these guys are religious zealots, they recognize that they can't engage in their bad guy actions if they're out of power.

Your argument is akin to saying the Nazis would not negotiate with the US.  It would be true in 1943, but not 1945.


> Indeed they will probably cut back on some of the more expensive military projects such as the coastal batteries there are building and the missile program. They will quietly reduce also the cash going out to terrorists, but supplement this with ammunition and some weapons to make it seem that it is still the same level.


Sweet.  A cutback in the military program means they won't be able to do this "I dare you to attack me" thing anymore, so we can better negotiate with them.  And less terrorist attacks?  Well, shit, that works.  smile


> Another thing they can rely upon is the nation which has supported them through any US efforts to make them stop their nuclear program:

Russia


This is a can of worms in all, both nations are reeling from low oil prices and a stagnate world economy. Both nations have proven desires to be seen as big and tough, and also as imperialistic in nature.


Russia is also seeing financial problems at the time.  That means they can't help Iran financially.

> Then there is the new kid in the local block. China. China has been aggressively working to make relations with any nation opposing the United States. They play themselves off as the nation which will make things right and that they are not that really evil democracy. With no worries if they work with a dictator, a council, a president, or any other political structure, so long as the structure is sound, they have the ability to realpolitik with any government they wish to.


Okay: Would you say that China is an imminent political or military threat to the US?


> Also then there is one last avenue for Iran. This one is steeped in history in the Persian Gulf, having even started there, and been sustained there. This is the act of terrorism for the aims of the State. And I ask, to those who fail to truly understand their enemies, as I argue Islam fails to understand the United States, what weapon truly offers the best form of world wide terrorism?

This would be the nuclear weapon.

And Iran has been proven, thanks to the admittal of the Pakistan Nuclear 'Father' that they have the blue prints needed to make one, as well as most critical parts. The estimates of 'when' they will have one vary greatly, but I would like to point out the United States made atomic weapons with much more primitive technology in just two or three years, and with no true 'blue prints' from a higher tech nation to use.

There are those who deny Iran is making nuclear weapons, and those people I laugh at. When Iran first started making moves to create these weapons Bush Jr. offered them 4 or 5 nuclear reactors which could not make weapons grade materials, all for free, and the designs for making them. Iran refused utterly. Europe has offered power, equipment, and other options to Iran, increasing in size, huge buyouts even, but Iran has remained steadfast.

Therefore it is my firm belief Iran is headed to one of two goals.

1) Nuclear Terrorism with the intent to hold the world fiscally hostage.

2) Nuclear war with the intent to destroy certain regions of Western Civilization in an attempt to 'pull the supports out from' Western Nations, leading to a full surrender of those western nations rather than face more nukes from unknown locations (Assuming Iran says their nukes are dispersed from their nation, and they will use them to nuke again and again if Iran is nuked at all)


I'm not arguing that Iran isn't working on a nuclear weapon.  However, as was stated above, the government can't build a nuclear weapon if it can't stay in power.  Even if Iran is full of the most fundamental leaders who would be willing to die and take the rest of the nation with them just so they could take a swipe at the "Great Satan," the government still needs to preserve itself for that final goal.  The threat of revolution is real, and it's something the mullahs care about.


> In short, for those who cannot read past one or two paragraphs, Iran is a hardline nation, to the ruling elite there is nothing to lose, and their only concern is to make sure they can fund their program to fruition, nothing more. Similar to the Democrats worries that they can fund their programs in full regardless of cost in the United States.

~~~~~ side note ~~~~~
I think Iran may soon start printing money in secret inside their nation, though they do understand the dangers of inflation since they have attempted to cause this in the United States using those darned money printing presses we gave the Shah.



I will agree 100% with this.  Ahmadinejad is a retard on economics, and he would be the one controlling the printing presses.

Since we both agree that Iran will start using the printing press, it becomes a question of whether you can continue a nuclear program and terrorism when your economy is in the shithole and officially has no way to get out due to hyperinflation.  It's simple: With the price of money doubling consistently, foreign nations won't be able to bank on lending support to Iran because the nation became a basket case.  Spending cuts don't fix the program because the money is consistently devalued.  Same thing with taxes.

And in addition, this would be seen blatantly as the fault of the government.  That better fuels the revolution.

3,859

(36 replies, posted in Politics)

Found my topic for you, Flint.

Note to everyone: This is a challenge between Flint and myself.  Please refrain from making comments regarding the arguments in the debate itself.  Thank you.


Alright... you have stated that you would like us to bomb Iran into the stone age, essentially.


I believe that Obama should negotiate with Iran.


Here's my justification:

Iran's economy is solely dependent on oil revenue.  Ninety percent of government revenue is based on oil production.

This connection to oil means that Iran's overall ability to project power around the world is based on its ability to create revenue from oil.  So, for example, last year, Iran was a huge hegemonic power because the nation was able to amass large revenues from high oil prices in order to conduct terrorism, make friends with other nations who hate the US by giving them money, and create all kinds of subsidies for its people.

So when oil prices were at their high mark, Ahmadinejad screwed up big time in his country: he thought high oil prices would last forever.  In 2005, Iran established an Oil Stabilization Fund, which is basically a fund to put extra oil revenue so that when oil prices are low, the government could take money from the savings fund and continue as normal.  Most oil nations have a program similar to this (I believe Iraq is the exception).

Anyway, the only way you could take money from this fund was to submit a request to some committee which would determine if the spending was emergency spending.  Ahmadinejad thought the committee was stupid, and disbanded it, giving himself full control over the OSF.  Then he spent like a drunken sailor on social programs such as subsidizing food and gasoline purchases.

Flash forward to November.  The financial crisis began only two months earlier.  Ahmadinejad laughed at the West because the sanctions against Iran managed to isolate the nation from the crisis.  Or so he thought.

Oil prices dropped from $150 to $60.  Iran's budget was set to pass based on $90 per barrel oil.  When the government suggested dipping into the OSF to continue operations... the results were less than pleasing (the funds estimated in the fund at this time range from $7 billion to $40 billion).

The government attempted to alleviate the crisis by establishing a 3% sales tax.  As a result, the financial sector in Iran went on strike.  In addition, members of the financial and economic academic communities in Iran petitioned to remove Ahmadinejad.  Even the parliament (don't know what the chamber is actually called) started to abandon him.




That's where the US comes in.  Iran is currently in a huge economic crisis.  Ahmadinejad's ass is on the line.  As long as the recession in the West continues, oil purchases will be low, and thus oil prices will be low.  He can thus do one of the following to avert the crisis:

A: Increase taxes.  But if he does this, as was empirically shown by the bazaar strike, this option creates huge amounts of unrest.  People in Iran don't see it as some patriotic obligation to pay taxes.  They see it as covering up for Bozo screwing up their country.  A tax burden on the people, even if small, would be able to rally the people against the government, making a coup inevitable.  And the US will know that it wants this coup to occur, because since the motivation behind the coup is economic, the new government will be motivated primarily to restore economic prowess to the nation.

B: Reduce social spending.  However, this would have the same effect as above.  In 2007, Ahmadinejad tried to ration gasoline to curb imports and reduce the cost of the subsidies for gasoline purchases.  Epic fail.  Massive protests against him occurred, and he reversed it.  The only reason why this and the previous instances of social unrest didn't result in serious political upheaval was because Ahmadinejad was quick to reverse his policies.  But this time, he has no choice.

C: Reduce military spending.  This involves things like terrorism, his nuclear program, his aid programs to other nations such as Venezuela, and funding bombing in Iraq.  Now I doubt Iran would close down the nuclear program because they couldn't afford it.  However, if Iran does reduce its military capabilities... it gives the United States much more clout in the negotiations because the US can always threaten invasion, and Iran can't do shit about it because they cut their spending.

D: Borrow money.  Okay, here's where it gets fun.  The government can't obtain the liquidity it needs domestically in order to continue running for a long period of time.  In addition, if it were to borrow domestically, it would trade off with businesses borrowing money for capital investments, stopping short and long term growth of non-oil sectors, further entrenching the Iranian economic collapse.

That means Iran can ONLY borrow abroad.  But... oops, they can't!  The international community put the lock and key on all financial institutions that would bank with Iran!  That means the ONLY way they can get money is through the IMF.  Who controls, in large part, the IMF?  You guessed it... the US.



I'm going to be blunt: With oil prices at huge low prices and the Iranian people used to subsidized gas and no taxes, the US has Iran by the balls.  Ahmadinejad and the rest of the government want to stay in power.  Because Ahmadinejad screwed up funding the OSF, Iran has been left with no other choice than to either risk a revolution in Iran or negotiate with the US.  And unlike other negotiations, this would be one where the US was the nation holding all the cards, not Iran.  Even if Ahmadinejad says no to agreements now, the US only has to sit back and let him feel the pressure of economic collapse and the looming threat of a coup in the wake of his disastrous presidency.

And the best part of this is that all that we need is for the US to extend an offer.  If Ahmadinejad rejects an offer by the US that would result in boosting its economy, that rejection would become another justification to the people that their leader is retarded on economic issues, furthering the revolutionary movement.

And before you answer, remember that my scenario is based specifically on the unique scenario unfolding right now.  When oil prices were at $150 per barrel, Ahmadinejad thought that revenue would last forever, and didn't prepare for a possible collapse.  There have been instances of low oil prices in the past.  However, they haven't been at a time when Iran has been left so unprotected from the slump, and left with so few options to be saved from doom.


Have fun, Flint!

3,860

(26 replies, posted in Politics)

Interesting... and I bet it means doom for Ahmadinejad.


I actually think that both Republicans and Democrats were doing the right thing at the right time when they were in office.

My theory was that Ahmadinejad's foreign policy was based in large part on the price of oil.  When the price of oil was higher, Ahmadinejad has power over the United States, and he can do whatever he wants, including waging a holy war against Israel.  That meant that the US was forced to take a hardline stance, because we had no power at the time... Ahmadinejad has money, so he sees himself as invincible.

But with the price of oil low, and Iran's economy in shambles, I believed he would mellow out a little bit, as what seemed to happen in October and November during the start of the financial crisis.  As a result, I thought Obama just happened to come into office at the perfect time for negotiation to be successful, as now the balance of power was in the hands of the United States.

Think of it this way:
You're playing a game of IC, warring another family.  When you're winning the war, if you come to the negotiating table, you can make all kinds of demands.  But if you're losing the war, you have to bend over and give up.

If we would have negotiated with Iran last year, when oil was at $100 per barrel, we would have needed to give Iran a ton of shit to stop their program.  Now, with the financial crisis, Iran's economy is in the shit hole, and Iran's people know it.  In addition, Iran's people know that it is their leader's fault that their economy is in shambles, because every other oil nation (aside from Venezuela) set up an OSF (a fund of oil money to store for when oil prices fall), yet Ahmadinejad spent his fund.

Now, what does this mean now that Iran pushed us aside?  It means Iran can't get the sanctions removed, so they can't spend what they've been spending for the past year.  That means less social programs, and less food and gasoline subsidies for the people.  And Iran can't raise taxes, because they tried establishing a 3% sales tax.  The result: the Iranian bazaars, the financial sector of the country, went on strike.  tongue

What happens?  Economic collapse!  Hatred of the government by the people!  Utter anarchy, and the overthrowing of Ahmadinejad in exchange for a government whose primary concern is to remove the international sanctions so that Iran can get back into the financial system and save itself from ruin.

3,861

(714 replies, posted in Politics)

> xeno syndicated wrote:

> "Therein lies the problem.  Since not all resources are created equal, you have to know the details of the particular resource you are buying.  My argument is that, for some resources, the amount of grades is so diverse that you can't make credits for each one because if, for example, there were a trillion diamonds in the world, there would need to be a trillion different credit grades."

Actually, if you knew something about diamonds, you'd know that there are only a few different 'grades' of diamonds, based on the 5 c's:color, clarity, cut, carat, and certificate, making them fairly easy value and thus trade.  Besides, values of diamonds (as well as the 'grades' of diamonds) go up and down like everything else, according to supply and demand, and so, again, one doesn't need to understand all the 'grades' of the particular diamond credits they own, only that that he or she traded such and such number of and grades of such and such resources for a certain number of such and such grades of diamond credits at one time ago in the past, and that he or she can now trade such and such number of such and such grades of diamond credits now for what is, relatively, such and such amount of 'profit'.  But, granted, some 'resources' probably couldn't be associated with credits (I can't think of which ones at this point, yet) but there are bound to be some.


Okay, so diamonds are valued based on the 5 Cs.

Pull out your statistics textbook.  In your so-called "few different" grades of diamonds, there are, by your own admission, five different factors that determine classification.

Let's assume that there are only two possible values that can occur with each of those 5 Cs.  So there are only two colors, two clarities, two cuts, two carats, and two certificates.  2x2x2x2x2=32 different diamond credits you need.  And remember, this is only assuming there are two of each category, which is far from the truth.


As for the issue that you don't need to understand it, that's just wrong: You need to understand what you are buying in order to buy it.  Otherwise, fair market economics fails because people are buying out of ignorance.


"1: What?  You are now arguing that you cause deflation?  Please, please, PLEASE tell me you are advocating this, because then this will be the easiest open and shut debate ever."

Am I advocating deflation?  YES, of coursE!  Deflation is absolutely necessary for there to develop a SURPLUS of resources, upon which the resource economy (as well as common sense and the survival of the human race) would depend.


Game, set, and match.  Give me one instance in which an economy has experienced deflation, yet saw economic growth at the same time.

I'll give you two examples of the opposite, in which deflation caused, or exacerbated, an economic recession.
1: The Great Depression.  Marked by huge deflation thanks to the Federal Reserve pulling back the reins on currency.  Bad move: lack of liquidity prevented further investment into the economy, stonewalling growth.  Oh, and just so you know, remember that this was NOT while the US had a fiat currency.  Deflation kills economic growth even when the currency has a real store of value.
2: Japan's recession for the past 10 years.

It's simple: When prices are falling, people stop buying stuff because they realize that the price will be cheaper in the future.  Thus, any form of discretionary spending stops, preventing further economic growth.  I know that society has completely hammered in the idea that inflation hurts the economy, but some level of inflation, frankly, is a prerequisite to economic growth.


"resource-based currency is nothing more than fiat currency anyway, because since I can't redeem it, there's nothing backing it up."

It would NOT be a fiat currency.  Banks would STORE and DELIVER resources to CUSTOMERS (when resource credits are redeemed) instead of digital 1's and 0's (the lazy bastards), and then they might have some legitimate reason to have to have the trillions of dollars of real-estate capital they have today.


Um... you need to go back and read the whole thing.  Don't take my argument out of context.  This is about the fifth time you've done this.


Did I get 'pwned' over grades of oil?  No.

To quote your quote, Zarf, "The geographic location is important because it affects transportation costs to the refinery."


1: You ignored the post.... again!  That article proves, in direct contradiction to what you said, that there are multiple grades of oil.  The fact that you did not know there were multiple grades of oil only proves my argument that people do not know the intricacies of particular resources, and couldn't cope with the system.
2: I never argued that geographic location was not a factor.


And there's a bunch of stuff here unanswered, including the million dollar question... why not just back up today's currency with gold?


@ you FOOOOOOOOOOOL!

"different currencies to work together which happen to have the name of a different resource as its title, but in no way actually realtes to said resource,"

RESOURCE Banks - is this notion impossible to fathom????

3,862

(714 replies, posted in Politics)

> Justinian I wrote:

> This is funny. Both conservatives and far-left socialists are bashing Xeno.

Yeah, I love that.  tongue

3,863

(714 replies, posted in Politics)

Xeno, by the way, I'm curious... why didn't you just suggest that we go back to a gold/silver/other precious metals standard for currency?


Oh, and that reminds me: How does the new currency adapt to degrading food?  If a batch of potatoes is destroyed because it has some disease, then the amount of potatoes in supply is down, which means the credits that were backed by those potatoes are now worth nothing.  That's why currencies used to be backed by precious metals instead of food: Gold doesn't degrade.

3,864

(714 replies, posted in Politics)

> xeno syndicated wrote:

> People don't need to understand why different grades of different resources cost different amounts in order to trade them.  They can just buy and sell at the different grades' average prices.


Okay, then, xeno.  Hypothetical situation

I want to sell you land in Florida.  You don't need to know what this land is.  It's land.  And you know the approximate area of it.  What's the worst that could happen?

Answer: Swampland, valued at about $5.00

Therein lies the problem.  Since not all resources are created equal, you have to know the details of the particular resource you are buying.  My argument is that, for some resources, the amount of grades is so diverse that you can't make credits for each one because if, for example, there were a trillion diamonds in the world, there would need to be a trillion different credit grades.


"Yaaaaaawwwwwwwnnnnnnn


Huh?  That qualifies as an answer now?"

By showing how tired I am at having to point out the obvious to you again and again.


Fair enough, the organic argument is answered in the above statement, so this is redundant.


"That creates the problem:..."

No, it creates a deflationary trend in prices, which is good for the vast majority of the human race.


1: What?  You are now arguing that you cause deflation?  Please, please, PLEASE tell me you are advocating this, because then this will be the easiest open and shut debate ever.
2: You didn't actually ANSWER the argument.


"Now how do you sell 1.24732173 diamonds?"

Same way you sell 1.247.. potatoes.  When I said 'mashed' I was making fun of you.  How do you trade 1.56875 dollars?  Can't you fathom the notion of having resource-based 'credits' and fractions thereof?


1: Yes, I can fathom it.  However, then you create the problem of redeeming the credits for the good itself.  If I can't go back to someone and say "I want my 1.24732173 diamonds," then my resource-based currency is nothing more than fiat currency anyway, because since I can't redeem it, there's nothing backing it up.


"but it has something to do with the way the oil was produced in the ground."

Lol.  Oil is oil.  The only difference is the expense associated with extracting or refining it.  The reason why American oil is more expensive is because the wells are drilled deeper, or is extracted in less accessible areas (like the ocean floors).



http://en.wikipedia.org/wiki/Light_sweet_crude

"Sweet crude oil is a type of petroleum. Petroleum is considered "sweet" if it contains less than 0.5% sulfur,[1] compared to a higher level of sulfur in sour crude oil. Sweet crude oil contains small amounts of hydrogen sulfide and carbon dioxide. High quality, low sulfur crude oil is commonly used for processing into gasoline and is in high demand, particularly in the industrialized nations. "Light sweet crude oil" is the most sought-after version of crude oil as it contains a disproportionately large amount of these fractions that are used to process gasoline, kerosene, and high-quality diesel. The term "sweet" originated because the low level of sulfur provides the oil with a mildly sweet taste and pleasant smell. Nineteenth century prospectors would taste and smell small quantities of the oil to determine its quality."

http://en.wikipedia.org/wiki/Petroleum#Classification

The petroleum industry generally classifies crude oil by the geographic location it is produced in (e.g. West Texas, Brent, or Oman), its API gravity (an oil industry measure of density), and by its sulfur content. Crude oil may be considered light if it has low density or heavy if it has high density; and it may be referred to as sweet if it contains relatively little sulfur or sour if it contains substantial amounts of sulfur.
The geographic location is important because it affects transportation costs to the refinery. Light crude oil is more desirable than heavy oil since it produces a higher yield of gasoline, while sweet oil commands a higher price than sour oil because it has fewer environmental problems and requires less refining to meet sulfur standards imposed on fuels in consuming countries. Each crude oil has unique molecular characteristics which are understood by the use of crude oil assay analysis in petroleum laboratories.

Now excuse me while I go and find The Yell's "you got owned" web page.


"but fancsali, spam! the love of spam compells yuo to post more, of and being able to beat up some little kid...."

Exactly the reason I have stopped responding to that twit.  He's an almost entirely unintellectual intellectual bully - not worth anybody's time.


Agreed.  tongue

3,865

(714 replies, posted in Politics)

> xeno syndicated wrote:

> There are different grades of potatoes.

I'd assume there'd be different grades of potato credits according to the differing grades of potatos.


That creates the problem: The average person does not know the difference between these grades.  Not until after they got screwed.


"US oil is valued higher than Iranian oil."

Not for long.


Bullshit.  It's not based on how awesome a country is.  It's not politically motivated.  US oil being higher-grade than Iranian oil is based on geology, not political science.  I don't know the details, but it has something to do with the way the oil was produced in the ground.


"Diamonds are valued highly differently based on cut, grade, etc."

Sure, and so would diamond credits.


Um... I don't think you get it.  Naturally, no two diamonds look the same.  That means there would be a different credit value FOR EVERY SINGLE DIAMOND IN THE PLANET, except for probably those diamonds already in use.


"Organic beef?  How about fat concentration?"

Yaaaaaawwwwwwwnnnnnnn


Huh?  That qualifies as an answer now?

But seriously, your yawn is my argument: The average person doesn't give a shit about these little differences.  They just want their beef, potato, oil, and diamond!


"B: McDonald's needs to obtain the potatoes.  Hmm... where do I get the potato?  Who am I getting this potato from?  Am I getting potatoes from this guy who just bought that hamburger?  If so, where does he live?  I need to send a truck over there!"

Read above

Um... this was a rhetorical question.  It cited multiple problems:
Every sale means the business would have to send new trucks to pick up 1.29497459871 potatoes at a time, because people don't buy happy meals in bulk.


"C: How the hell do you sell 1.247137 potatoes?"

Umm... maybe 'mashed'?


Oh, that's right!  Because:
1: When we produce mashed potatoes at home, I'm always sure to divide the potatoes exactly between everyone, to the millionth of a potato place value.
2: Every business wants their potatoes mashed.

Oh, and... alright, fine.  Now how do you sell 1.24732173 diamonds?  Careful... diamonds values grow exponentially with size, so if you cut a diamond, you'll lose more value in the diamond simply by trying to split the currency.


"making tons of money doing nothing"

Hmm.. .Sounds like how most rich people make their money, eh?


I would have bet money that you would say that.
1: This argument isn't about "waaaah, this is an unfair society."  The argument was that you have no concept of economics because your scenario is utter bullshit.
2: Bullshit.  A complete generalization with nothing backing it up.
3: Even the rich who do the least work are still inputting something that justifies compensation.  Let's take a simple answer: an investor.
An investor is taking a huge amount of risk by putting their money in stocks, as can be seen by the current financial crisis.  The investor is risking losing money by putting it in an investment, and is thus entitled to the possibility of compensation because otherwise, there would be no investment made.  I'm not going to get into the added value of investments, because that's not even important.
4: You concede this is a bad thing.  My argument is that you make it worse.
5: For the record, this qualifies as another argument that was not answered by xeno.  That will be important the next time xeno says "oh, so everyone agrees with me since they all stopped talking?"

3,866

(38 replies, posted in Politics)

Shut up

3,867

(9,083 replies, posted in General)

Forgot about 7

3,868

(714 replies, posted in Politics)

Your example of the transaction is idiotic due to basic economics.

1: Okay, McDonald's has a shortage of potatoes in this scenario.  How do potato credits solve that?  I understand that a potato credit has the equivalent of one potato, but:
A: There are different grades of potatoes.  The potatoes I grow may be different from the potatoes you grow.  It's a specialized field.  The average person may be able to grasp the difference between certain potatoes, granted.  However, this distinction applies to EVERY commodity. 
Examples:
US oil is valued higher than Iranian oil.  When people talk about oil prices, it is generally referring to US oil, known as light, crude oil.  There's tons of different grades of oil, based on the region it was mined.
Diamonds are valued highly differently based on cut, grade, etc.  I would NEVER buy a diamond credit in my life, even if I wanted a diamond, because I guarantee you that I would get screwed.  The value of diamond credits would thus be based not on the value of the diamond on hand, but on the average value of all diamonds in the country.  That means people with good diamonds will get screwed, and people with bad diamonds are getting more money for pieces of garbage.
Beef: Cornfed beef?  Grassfed beef?  Organic beef?  How about fat concentration?
Cement: Mineral composition makes a big difference.

And these are just a few examples, and just a few examples of which I know.  But it comes down to a simple conclusion: Most resources have a diversity of what they actually encompass.  We just don't see them on face because the field is so specialized that the experts know what resources they want.

B: McDonald's needs to obtain the potatoes.  Hmm... where do I get the potato?  Who am I getting this potato from?  Am I getting potatoes from this guy who just bought that hamburger?  If so, where does he live?  I need to send a truck over there!

C: How the hell do you sell 1.247137 potatoes?


2: Then you get into the crazy economic issue.  Let's assume your scenario happens: McDonald's is asking for payment in all the crap you listed.  I want to talk specifically about the disparity.

Your disparity is impossible.  That would mean scenarios like this would be possible:
Assume there are three resources: A, B, and C.
You can trade 2 As for 1 B or 1 C.
You can trade 1 Bs for .5 As or 2 Cs.
You can trade 1 C for .5 Bs or 1 As.

Scenarios like this, when happening at one instant in time, allow people to just spend their time trading throughout the disparity, making tons of money doing nothing (not even taking a risk at this point, since, at this instant, there is guaranteed profit).

This just is not the case, as is empirically shown by the currency market.  I can't trade Euros for Dollars, Dollars for Yen, and Yen for Euros, and end up with more currency overall than I originally had.  Now, you can trade Euros for Dollars, then watch the Euro's value fall temporarily, and sell your Dollars for Euros again.  However this isn't the same because there is the added risk speculation issue attached.  Prices are determined not relative to each individual product you can trade it for, but instead valued simultaneously against all other goods.

3,869

(38 replies, posted in Politics)

Did Fancsali delete a recent post, or are you responding to something halfway up the page?  tongue

3,870

(143 replies, posted in Politics)

How would you mass produce tree houses anyway?  Mass production requires a centralized facility to produce said goods.  Tree houses need to be built based on the tree, so you can't make a standard model of each.  It would be like mass producing houses at a factory, then distributing the houses to various plots of land.  tongue

3,871

(7 replies, posted in Politics)

So the ass thing.

3,872

(7 replies, posted in Politics)

Did you just pull 15% out of your ass, or is there some basis for that number?

3,873

(21 replies, posted in Politics)

I'm just correcting the issue that, short term, any gains can be made as a result of Obama's policies (I would, however, argue that the President's speeches can affect consumer and investor confidence... in this respect, I think Obama, short term, probably has done some damage to the economy).

3,874

(21 replies, posted in Politics)

> -Nolio wrote:

> > Zarf BeebleBrix wrote:

> Hold up.  He hasn't been getting the blame for the current crisis at all.  Where have you gotten that?


Now, I have heard that he has perpetuated the crisis at hand by basically scaring people shitless, saying we're headed for a huge economic crisis.  If you're talking about this, then I dare you to explain how this helped the economy, instead of just using a fallacious causation argument.


lol You must have never heard of rush limbaugh



Quite the contrary.  I listen to him... sometimes...

Now, first of all, you would have to cite something specific he said.  But seriously, I listen to lots of these right wing radio hosts... and the only argument made that Obama is harming the recession right now (meaning that actions he has done in the past have had consequences either now or in the past that are having negative economic consequences now) are perception-based arguments, such as recession rhetoric.

3,875

(47 replies, posted in Politics)

Argue that 2+2=5.  smile