I getting confused.
This mess is so layered that when I think I’ve got a handle on it something else crops up.
Now there’s the bailout money and the surrounding pork.
Isn’t it the pork that will create jobs?
I understood what you said about the Swedish approach isn’t appropriate and Austrian is. Essentially, tie the money back to gold?
And then there’s housing prices. Sure home sales are down and folk are foreclosing, but I just don’t see the air coming down on he homes that were grossly inflated in the first place.
Yes, the pork will create jobs. It robs from everyone to pay others to do useless work. You work harder at your job to bear the burden (taxes or inflation, depending on how it gets financed) and some jackass uses your production to build bridges to nowhere. As a result, resources are diverted into building bridges to nowhere. Professional organizations and universities divert resources into figuring our how to build bridges to nowhere. Kids entering school take classes on building bridges to nowhere. Politicians begin to talk about the importance of sustaining our competitive advantage in the industry of to-nowhere bridge building. Think about this for a few minutes and try to figure out how this could possibly help the economy.
If creating jobs was the only important thing, then we could just each pay our neighbor to sit at home and watch television. Full employment!!!. You pay me $500k to watch TV and I’ll pay you $500k to do the same. We’re both fully employed with $500k salary. Sound too good to be true?
Well, suppose there is a middle-man, say the government, who takes your money and pays some other guy to watch TV. And, to be fair, they take his money and pay YOU to watch TV? Full employment!!! Is it any different?
Sorry Lila for intruding on your blog, but I couldn’t resist…
Lila you an Indian? I find that very fascinating most of the Indian women I know are not that interesting intellectually and philosophically.
Full employment is never the goal of the State, maybe an excuse. Full employment might make the lower classes too powerful, demand higher wages and a cut in taxes, maybe the rolling back of the State. A significant unemployed group with some exaggerated violent crime figures in a society provides jobs for security, social workers, prison officers etc. And the fear keeps the middle classes in their place.
I’ve been reading your work on LRC for a year or so now and it’s about time I traipsed over to your blog to check in. Bravo, wonderful work!
Some writers, Will Grigg, Radley Balko and Peter Schiff for instance, have personalities as large as their subject matter and it’s easy, assuming one agrees with their positions, to anticipate their work, their thoughts, and their reactions to the movement of the world.
You, on the other hand, have a slightly more subtle radiance to your work. Sure, you’re acerbic wit fits the LRC “mold” (truly for lack of better term) but your perspective, somewhat more international than the aforementioned, lends a quiet, confident quality to your writing which I enjoy very much. I look forward to reading your work in the future. Thank you very much.
as a man that raised four children alone in poverty for fourteen years
I know now that telling your children to dream and hope is a waste of time
tell your children the truth
governments are corrupt they only care about themselves
and poor people dont get to have
piano lessons guitar lessons music lessons
thats only for the rich idiots like obama
and his rich children
in short those that are rich in america
will get richer
and those that are poor in america
would be alot better off being put on a island and nuked
cause if obama has his way
every boy will be gay
every baby will be aborted by parents that are not rich
and every poor person will get the vaccines that are SLOWLY KILLING THEM
great new world order you bunch of vampire idiots
OK untill it all happens
any poor woman out there that wants at least a marriage and a family until we all go to hell
Just visited your blog after reading “Intellectual Self-Defense for Libertarians” at LRC.
You are truly a renaissance woman, and I look forward to further insight on the human condition.
Also, I notice from the post before mine that you don’t bother moderating comments - better to let others’ reveal themselves as they are.
I would normally block a “comment” like that, but since someone with the same email account and name but a different IP address posted a comment on the Doug Valentine piece about the CIA (on this blog) - a post that seemed supportive - I’m curious as to what exactly provoked the sudden name-calling?
I have lived in Uruguay and So. Chile (Patagonia)and speak fluent Spanish and Portuguese. At the moment, I am living in the western USA, and am restless with the stagnant economy.
I have excellent communication skills and a rich background in marketing and public relations, and I have enjoyed some success in real estate investing, residential and commercial.
Would you suggest some professions or creative, lucrative work in Brazil, Chile or Argentina? It seems like Rio and Sao Paulo in Brazil and Buenos Aires in Argentina are likely candidates.
I like Santiago, Chile very much, but do not know the state of their economy with the recent earthquake. Or, if an American can do well in Santiago, unless he is a creative entrepreneur with significant capital and patience.
I do not want to simply be a libertine, living off of the land….I prefer stimulating work, and taking breaks to explore the country.
E. U said...
1Acerbic yet incisive and on the mark. I enjoyed your blog. Well, enjoyed is a relative term here…. subject matter being so grim.
Thanks,
EU
09/22/08 12:09 AM | Comment Link Edit This
mb4 said...
2Thanks
Sorry you found it grim..
I’ll take note.
Drop by any time.
Lila
09/23/08 10:52 PM | Comment Link Edit This
Maiz Centeotl Chicomecoatl said...
3We really dig your blog & the info your putting out there. Sometimes we publish some of your stuff on our blog (hope you don’t mind).
Check us out sometime!
Maiz
Centeotl
Chicomecoatl
02/16/09 4:51 PM | Comment Link Edit This
Joe said...
4I getting confused.
This mess is so layered that when I think I’ve got a handle on it something else crops up.
Now there’s the bailout money and the surrounding pork.
Isn’t it the pork that will create jobs?
I understood what you said about the Swedish approach isn’t appropriate and Austrian is. Essentially, tie the money back to gold?
And then there’s housing prices. Sure home sales are down and folk are foreclosing, but I just don’t see the air coming down on he homes that were grossly inflated in the first place.
Please, help me understand
03/7/09 6:13 AM | Comment Link Edit This
Scott said...
5Joe:
Yes, the pork will create jobs. It robs from everyone to pay others to do useless work. You work harder at your job to bear the burden (taxes or inflation, depending on how it gets financed) and some jackass uses your production to build bridges to nowhere. As a result, resources are diverted into building bridges to nowhere. Professional organizations and universities divert resources into figuring our how to build bridges to nowhere. Kids entering school take classes on building bridges to nowhere. Politicians begin to talk about the importance of sustaining our competitive advantage in the industry of to-nowhere bridge building. Think about this for a few minutes and try to figure out how this could possibly help the economy.
If creating jobs was the only important thing, then we could just each pay our neighbor to sit at home and watch television. Full employment!!!. You pay me $500k to watch TV and I’ll pay you $500k to do the same. We’re both fully employed with $500k salary. Sound too good to be true?
Well, suppose there is a middle-man, say the government, who takes your money and pays some other guy to watch TV. And, to be fair, they take his money and pay YOU to watch TV? Full employment!!! Is it any different?
Sorry Lila for intruding on your blog, but I couldn’t resist…
Scott
03/7/09 3:27 PM | Comment Link Edit This
Lila Rajiva said...
6Intrude any time….
You saved me writing another post explaining Bastiat and broken windows and make-work…
Thanks!
Lila
03/7/09 4:08 PM | Comment Link Edit This
Domesh said...
7A friend recommended your blog. I’m glad she did. I’ll be visiting often.
03/7/09 6:14 PM | Comment Link Edit This
Ron said...
8Lila you an Indian? I find that very fascinating most of the Indian women I know are not that interesting intellectually and philosophically.
Full employment is never the goal of the State, maybe an excuse. Full employment might make the lower classes too powerful, demand higher wages and a cut in taxes, maybe the rolling back of the State. A significant unemployed group with some exaggerated violent crime figures in a society provides jobs for security, social workers, prison officers etc. And the fear keeps the middle classes in their place.
04/10/09 5:35 PM | Comment Link Edit This
Lila said...
9Indian…
Probably some mixture from way back when with Central Asian and/or Chinese..
(all Indians are very mixed)
04/10/09 5:40 PM | Comment Link Edit This
Nathaniel said...
10Greetings Lila:
I’ve been reading your work on LRC for a year or so now and it’s about time I traipsed over to your blog to check in. Bravo, wonderful work!
Some writers, Will Grigg, Radley Balko and Peter Schiff for instance, have personalities as large as their subject matter and it’s easy, assuming one agrees with their positions, to anticipate their work, their thoughts, and their reactions to the movement of the world.
You, on the other hand, have a slightly more subtle radiance to your work. Sure, you’re acerbic wit fits the LRC “mold” (truly for lack of better term) but your perspective, somewhat more international than the aforementioned, lends a quiet, confident quality to your writing which I enjoy very much. I look forward to reading your work in the future. Thank you very much.
Sincerely,
Nathaniel
08/11/09 3:50 PM | Comment Link Edit This
Robert Hillman said...
11as a man that raised four children alone in poverty for fourteen years
I know now that telling your children to dream and hope is a waste of time
tell your children the truth
governments are corrupt they only care about themselves
and poor people dont get to have
piano lessons guitar lessons music lessons
thats only for the rich idiots like obama
and his rich children
in short those that are rich in america
will get richer
and those that are poor in america
would be alot better off being put on a island and nuked
cause if obama has his way
every boy will be gay
every baby will be aborted by parents that are not rich
and every poor person will get the vaccines that are SLOWLY KILLING THEM
great new world order you bunch of vampire idiots
OK untill it all happens
any poor woman out there that wants at least a marriage and a family until we all go to hell
?
09/11/09 7:26 PM | Comment Link Edit This
Andy R said...
12Just visited your blog after reading “Intellectual Self-Defense for Libertarians” at LRC.
You are truly a renaissance woman, and I look forward to further insight on the human condition.
Also, I notice from the post before mine that you don’t bother moderating comments - better to let others’ reveal themselves as they are.
Refreshing!
10/27/09 3:13 AM | Comment Link Edit This
Franciscan A Dope said...
13You’re a cunt…
02/21/10 2:33 AM | Comment Link Edit This
Lila said...
14I would normally block a “comment” like that, but since someone with the same email account and name but a different IP address posted a comment on the Doug Valentine piece about the CIA (on this blog) - a post that seemed supportive - I’m curious as to what exactly provoked the sudden name-calling?
02/22/10 6:44 AM | Comment Link Edit This
Jim Hall said...
15L - Thanks for the posts on deepcapture.com.
Very trenchant writing and thought.
03/18/10 10:31 AM | Comment Link Edit This
mb4 said...
16Thank you, Jim.
Much appreciated.
My gratitude to the whole deepcapture team for sticking it out through all the vilification and mockery.
Lila
03/18/10 11:51 AM | Comment Link Edit This
Jason said...
17Hi Lila,
I enjoy your site and your insights!
I have lived in Uruguay and So. Chile (Patagonia)and speak fluent Spanish and Portuguese. At the moment, I am living in the western USA, and am restless with the stagnant economy.
I have excellent communication skills and a rich background in marketing and public relations, and I have enjoyed some success in real estate investing, residential and commercial.
Would you suggest some professions or creative, lucrative work in Brazil, Chile or Argentina? It seems like Rio and Sao Paulo in Brazil and Buenos Aires in Argentina are likely candidates.
I like Santiago, Chile very much, but do not know the state of their economy with the recent earthquake. Or, if an American can do well in Santiago, unless he is a creative entrepreneur with significant capital and patience.
I do not want to simply be a libertine, living off of the land….I prefer stimulating work, and taking breaks to explore the country.
Suggestions?
Thanking you in advance,
Jason
06/1/10 7:13 AM | Comment Link Edit This
mb4 said...
18Hi Jason -
Thanks.
I’ll make your comment a post this week and see what gives…
Lila
06/1/10 8:25 AM | Comment Link Edit This