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mircea_popescu: and then name one govt person who got into any sort of trouble for fucking up.
mircea_popescu: i mean, it works once a semester or something. but it can not be the whole curricula.
mircea_popescu: way, way overdone. college mostly consists of elderly people asking kids what they think. who the fuck cares what 20yos think ? they're dumb as rocks by the very definition.
mircea_popescu: we've taken things too far. much too far. sure, confidence is a good thing, kids were opressed 50 years ago etc. but by now it's way overdone.
mircea_popescu: kids that aren't beaten enough develop this very superficial "we know shit" conviction, and then the result is btctalk lending & usagi financial expertise.
mircea_popescu: this stupidcunt thinks she may have political opinions ? aged 20 ?
mircea_popescu: ng sector and the repeal of Glass-Steagall (the financial regulation act that would have prevented the financial crisis), this country has gone down the drain.
mircea_popescu: “I'm a young and involved activist about to start my double major in environmental studies and politics, and I'm very, very angry about what is going on in this country. I blame this country's problems on the exploitations of corporations and a blind worship of the "free market" and "self-regulating capitalism" (Tell me, how does that work again? Oh yeah, it doesn’t morons). Following the deregulation of the banki
mircea_popescu: the principles informing decisions are more important than the exact incorporation form.
mircea_popescu: but this point is amply debatable because in fact large projects require large agents and at that size the diff between govt and corporation is mostly academic
mircea_popescu: Namjies im pretty sure if given the same revenue (80% gas accise + car tax + etc) the public sector would be doing a much better job with roads
mircea_popescu: as in, music doesn't suck today, it's just i have divergent tastes to the world.
mircea_popescu: Namjies if the money they spent came from their work it'd at least be defensible.
mircea_popescu: and i guess now i'm the go to rightest-wing guy in btc huh.
mircea_popescu: bonafide yes, because the foodstamp fed multitudes have discretionary spending.
mircea_popescu: Namjies that problem is purely theoretical these days.
mircea_popescu: if taxes were a reasonable 0.08% i guarantee you jessica simpson would be back to waitressing.
mircea_popescu: sure, let's tax 50% of society and give it out to the worst least worthy recipients
mircea_popescu: pigeons bonafide only because of the current state sponsored moral hazard
mircea_popescu: that is the very point of money : they who have it are smarter than you, and you should listen to them.
mircea_popescu: why ? cause people were busy dickingaround on facebook ? fuck that.
mircea_popescu: of the thousands of people who saw it and hundred+ that talked to me about it, i got 3 submissions.
mircea_popescu: a fine example : i made a contest on my blog, for peopel to write fiction. reward was 5btc minimum + up to 100
mircea_popescu: but don't assume he is for me and expect i give you the money.
mircea_popescu: good is not unrelated, randomly occuring, fallen from the sky
mircea_popescu: not the govt job. if rich people want to pay for their education let them
mircea_popescu: Namjies no. this devalues education for everyone else.
mircea_popescu: i was ranting about how the eurozone is not good enough for romania to join earlier.
mircea_popescu: anyway. that aside health i can see as a function of govt, in many cases. mostly trauma.
mircea_popescu: problem with it being soft on kids is tghat there's nothing they can accomplish anymore.
mircea_popescu: Namjies well, we're discussing principle. impossible to attack with anecdote.
mircea_popescu: where they imagine they're the king of the world for the first 2-3 decades and then discover they really have no value.
mircea_popescu: and in general, kids must know they're worthless at a much earlier age than the current system
mircea_popescu: kid must know that if he's kicked out of school that means prison, digging ditches or sucking cock
mircea_popescu: if going to school was an exception, and his only chance out of the slum and something he'd work hard for, it'd be different.
mircea_popescu: because they don't risk anything. goes to school, doesn't learn, no big deal
mircea_popescu: i would rather have millions of smart kids die iliterate than billions of idiot kids think it's ok to give their opinions when adults talk.
mircea_popescu: Namjies the problem with education paid for by other people is that it creates the disrespectful assholes we see today.
mircea_popescu: remarkable what small % of moving funds are mtgox trades
mircea_popescu: cme are such idiots. who told them e-micro can be 1/10 standard
mircea_popescu: for the record, iso name for btc would prolly be xbt or something
mircea_popescu: smickles : you should post this novel sorcery as a comment in the futures post