567500+ entries in 0.362s
BingoBoingo: Farmland in
the US is less bullshit for owners since
they usually lease it.
badon: hi
thestringpuller
decimation: at least in london you can 'lease' an estate from
the crown for 1000 years, not 50
decimation: it's pretty common in most lefty urban areas of
the us
to pay >2% per year in 'property
tax'
BingoBoingo: thestringpuller:
They are
the mafia if Fredo was given reigns over
the family
decimation: you will find generally at least 3 layers of usg will
tell you what you can do on 'your' land
mircea_popescu: "if you bought
this plot of land you didn't buy
this plot of land"
BingoBoingo: Probably more people working fast food with positive net worths
than in Silicon Valley
decimation: yeah,
try buying some land and using it for something
mircea_popescu: the people buying
them still are invested in
the stock market.
mircea_popescu: i doubt anyone whosoever has positive net worth in
the us if
the stock market goes
to its natural level and
the bonds
turn
to
the dust
they are.
decimation: I wonder how many under-35s in
the us actually have a positive net worth?
mircea_popescu: exactly
the
things
they ridiculously do not wish
to do.
thestringpuller: I had a coworker who bought a car, and is still underwater on
the loan. It's like "really"?
BingoBoingo: The "tech set" needs
to rent, cut expenses, and get ready
to go
to cheaper country
mircea_popescu: dumbestthing a kid with college debt could possibly do
today is put a downpayment on anything based on his salary / some loan.
mircea_popescu: basically, california is dead for
tech wage earners coming decade.
decimation: yeah
that's been quiet for awhile, I
think
they were going
to 'settle' for $2k per person
mircea_popescu: i figured, "hey, whoever was competing in
that market won meanwhile ; doing away with
the entire
thing"
mircea_popescu: decimation once i saw
those "prosecutions" re wage fixing
decimation: I've heard
the google benefits are going downhill
decimation: yeah actually
the vc/founder relationship is probably alot like subway/franchise 'owner'
thestringpuller: I suppose in meatspace VC's can forcefully remove
the leadership of a company in exchange for more money.
BingoBoingo: Subway found a demo with money, and...
they got shit done.
They just had
to manage
their partners
the same way
they manage
the cattle coming in for
the product.
thestringpuller: mircea_popescu: irl idiots get forced out of ownership once
their company reaches success <<
this is usually
the case, but sometimes idiots can be
too dumb
to realize
they need
to step aside in meatspace
too.
BingoBoingo: Yeah, and like every other franchise like
that profitable locations are retained as "corporate stores"
decimation: BingoBoingo: is
that how
that works? I wondered why
there were subways every 10 feet in
the us
BingoBoingo: On
the otherhand Subway does great business recruiting Doctors who want a
tax writeoff
to finance
their new locations
mircea_popescu: look at dooglus's mishandling of justdice, no need
to go further.
BingoBoingo: There's good franchises out
there, but
the secret is
the management/owners have
to be managed like
the customers
mircea_popescu: generally,
they're
too stupid
to even realise
this is an option
mircea_popescu: irl idiots get forced out of ownership once
their company reaches success. in bitcoin,
they have
to relinquish willingly.
thestringpuller: This is similar, imo,
to
the way ASICMINER has been run into
the ground.
mircea_popescu: decimation re making money,
there was
this lulzy failure of one of romania's cardboard
tycoons. he
tried
to open a franchised 7/11
thing.
thestringpuller: decimation: as mircea_popescu once stated on
trilema money is
the least of his problems (in fact he is already "bankrolled" from drug dealing). his problem is finding competent people.
decimation: thestringpuller: can't he find someone with some credit
to get a bezzle loan?
mircea_popescu: thestringpuller
the
thing with what people "Want
to" do is
that it's generally just a credible excuse
thestringpuller: instead he says, "You people don't know how
this works" in reference
to criticism of his poor decision making process.
decimation: I wonder how many 'franchises' actually make money for anyone other
than
the 'headquarters'
thestringpuller: what does he do? He sells drugs in
the woods behind it because he isn't competent enough
to hire leadership
to get
the shop open.
thestringpuller: I have a friend who is
trying
to open a skateboard shop literally 500 feet from
the biggest skatepark in
the state
thestringpuller: well, along
the lines of "derps managing", usually
this results in
the franchise being run into
the ground
decimation: thestringpuller: yeah I might be exaggerating,
they might be just plain barristas, or just sitting at home and receiving gov't checks
decimation: they used
to pay derps
to sit in an office and move memos from
the in-queue
to
the out-queue
decimation: BingoBoingo: yeah,
the 'de-professionalizing' of
the us 'middle class' is a long-run
trend
decimation: BingoBoingo: yeah, prices of assets
that are outside
the bezzle orbit have generally held steady
BingoBoingo: Here
the
trend seems
to have been if
the wife is working each can be paid half
gribble: Bitstamp BTCUSD
ticker | Best bid: 352.51, Best ask: 353.15, Bid-ask spread: 0.64000, Last
trade: 353.17, 24 hour volume: 6030.40300770, 24 hour low: 348.22, 24 hour high: 359.3, 24 hour vwap: 354.691207048
decimation: the other
thing
that I found amusing is
the completely simultaneous moves in
the stock market over
the past few years
decimation: it is interesting how quickly "women should be able
to do anything men can do!!" fliipped into "women must work so
that
they can afford good schools, low crime neighborhoods, etc"
mircea_popescu: then people wonder why everyone, from china
to russia,
thumbs
their noses at
the us poverty.
decimation: I
think part of
that is explained by
the fact
that most us couples now both work
mircea_popescu: the inflation is immense. back in
the 80s, a 2k monthy salary made one comfortable
decimation: it'll be interesting
to see if
the us stock market blows its
top
this week
BingoBoingo: It would be interesting if a large portion of humanity couldn't make it
to
the year 300 because even
the corn became diabetic.
thestringpuller: So eventually plants start dying because we water
them with gatorade because "they have electrolytes".
BingoBoingo: Sure, fertilizer has nutrients
that help plants grow, but so do last year's dead plants.
BingoBoingo: thestringpuller: It's largely here for a good portion of
the population.
The people who won't water
the flowers or
the garden without "Miracle Grow" and such.
thestringpuller: Where people begin
to belive
the derps are professionals because no one knows any better.
thestringpuller: As mircea_popescu points out in his article on YCombinator (Facebook lining up a billion idiots of investors), I wonder if
the
the world Mike Judge envisioned in Idiocracy is possible.
mircea_popescu: pornography without political clout is like power
tools without electricity.
mircea_popescu: yes, but also don't have
the sort of power
that had
traci lords fuck dogs.
BingoBoingo: The Brazzers people have integrity
to
the craft.
mircea_popescu: otherwise,
the old school from deepthroat
to brazzers is
this kinda fun
thing.
mircea_popescu: except
their crew and screenwriters suck so bad,
the old school as depicted by
them is a scary abomination
thestringpuller: Ah. I
thought it was interesting
they pointed out how amateur porn destroyed
the artistic nature of "old school" porn.
mircea_popescu: and even before
that, "elected" derps killed any respect one could have had for leadership
mircea_popescu: before
that, amateur/gonzo porn killed any respectone would have gotten as a porn star.
thestringpuller: "A great deal of attention has been paid . . .
to
the
technical languages in which men of science do
their specialized
thinking . But
the colloquial usages of everyday speech,
the literary and philosophical dialects in which men do
their
thinking about
the problems of morals, politics, religion and psychology .
these have been strangely neglected. We
talk about "mere matters of words" in a
tone which implies
that we regard word
BingoBoingo: thestringpuller: Well,
the fucking french with Derrida encouraged it in
the name of socialism and now social media marketers do it pretending
to do capitalism.
thestringpuller: BingoBoingo:
that reminds me of huxely.
Take all meaning out of a word as described in his book _Words and
Their Meanings_