732700+ entries in 0.495s
bounce: it
takes real guts
to just let be in such a situation
bounce: "hold on
to what you got"-reflex?
mircea_popescu: i dunno who
the fuck could bear
to live
there,
that way.
mircea_popescu: first off who
the fuck is
threatened by smart young people ?! and second off... jesus fuck i've seen
their lives and
their dens,
they're boring and dismal.
mircea_popescu: and
this actually comes
to
the core of
the ideological opposition here. i simply do not like
this "no middle" burned ground crap.
mircea_popescu: sure, a
tree with no middle one day collapses. but until such a day...
mircea_popescu: it's a middle pruning control strategy,
the exact equiv of raising
taxes "for social good"
mircea_popescu: it hurts
the average who could in principle one day hurt
the rich.
mircea_popescu: buffett merely aims
to keep it
this way : high
taxes means jack shit
to him
mircea_popescu: i can accumulate.
the average middle class guy in
the chumpatron, can not.
mircea_popescu: see,
the fact
that i made
the fu berkshire bet and
the fact i pay about 2.85% a year on average are related.
mircea_popescu: however,
there exists a center of people who can't afford good
tax shelters, and who could, if left undisturbed, come
to one day challenge him.
mircea_popescu: buffett structures
the hell out of his deals
to avoid
taxation.
mircea_popescu: you familiar with buffett pretending
taxes "at
the
top" aren't high enough, and with gates donating his fortune
to "good causes" and so on ?
mircea_popescu: let me explain something about
this dekulakization concept.
mircea_popescu: now, when people such as me say
the us agencies will have
to learn
to play ball or not exist,
mircea_popescu: i did it myself, and quite publicly at
that. remember
the patrick harnett case ?
mircea_popescu: there's a very good fundamental reason
to extend credit you know will never be repaid.
mircea_popescu: the difference between
these
two is, obviously... your painting.
mircea_popescu: while your ability
to pay is finite, you being finite, your ability
to underwrite credit is not finite.
mircea_popescu: so :
the bezzle fundamentally is born out of and exists for
the following reason :
mircea_popescu: you remember my story with
the jewish money lender
taking a painting and other payment in kind for debt ?
mircea_popescu: much in
the manner hearn is using his "i was at google"
thing.
mircea_popescu: they can
then use
those on
the stripper and prostitution circuits as extras "cause we're pornstars"
mircea_popescu: for
the same reason most girls with great fuck videos PAY
to participate.
mircea_popescu: soon it's going
to cost you money
to be "working for google"
mircea_popescu: the same shall soon apply
to
tech, we're witnessing a "professorisation" and "tenurisation" of
tech.
mircea_popescu: sure.
to
take
things from yet another angle : you're familiar with greenspun's analysis of why women don't go into science.
mircea_popescu: it's getting
there, and soon sv will be in fact chinese dormitory style.
mircea_popescu: so anyway : only recently has
tech become respectable, and as such it couldn't historically afford
the huge bezzle-usd load of owning real estate outright.
mircea_popescu: what else in
this world is
there for her
to salivate for ?
mircea_popescu: asciilifeform why ?
the 16 yo should salivate after
the cock.
mircea_popescu: buffett still does not invest in
them because, politely, "he doesn't understand
them", but factually "not in his wot"
mircea_popescu: yoiu have
to consider
the history : only very recently have
tech companies become "Respectable"
mircea_popescu: it does however stress
the distribution of
turkeys, if nothing else
then because new price
tags keep having
to be printed.
mircea_popescu: increasing
the engineer's pay does not increase
the number of
turkeys.
mircea_popescu: asciilifeform ok. considering
the what/how debate as accepted foundation : at any
time
there's a number of
turkeys and a number of engineers.
☟︎☟︎ truffles: this is one pleasing
to
the eye resume for sure
mircea_popescu: if by
that year you're not fucking
thankful you started, you may negrate me in all fairness.
mircea_popescu: punkman srsly, make a blog, write up one of
these a day, each day, for a year.
truffles: confined
to
the home already mp
mircea_popescu: i'm just here waiting for people
to
type, not busy in any sense not able
to go anywhere, life of dreamz.
mircea_popescu: punkman incidentally, why not make yourself a career out of
this ?
truffles: punkman but where'd he go
to skool!
mircea_popescu: still... i wouldn't
trust
the guy just on
the grounds he exists.
mircea_popescu: hard
to call, really, because
the minerals exploration business (as discussed previously here) is kinda builty
to work like
this and
there do exist occasional legitimate corps
that get
the brush
treatment anyway
mircea_popescu: QUOTE: "This is why
the
term "fictitious profits", definitely applies.
punkman: mircea_popescu: i have
these episodes every couple of days, I see URLs in my epileptic visions
truffles: gotta let
them wet
their beaks
mircea_popescu: ;;later
tell moiety localbitcoins had some
technology-enthusiastic policemen pull some "sting operations", which were kinda lulzy in
their braindead stupidity but probably spelled out actual financial and emotional pain for
the unfortunate parties
to get involved in
the bureaucracy's quest
to justify its continued existence. i imagine it's gone as a result.
chetty: I want
to know why someone would want
to 'win points with us regulators', but I won't dirty my hands actually posting on
that
truffles: the US "gave"
the internet
to
the world so will it be as easy
to seize domains?
mircea_popescu: punkman are you like on a special list or something ? where do you find all
this stuff ?
mircea_popescu: jurov lol seriously, random guy out of nowhere "has made
teh policez" ? how very meek of him :D
mircea_popescu: chetty
the irony here is
that whether he is actually physically distinct from
the next derp or not makes little difference. stupidity is quite fungible.
mircea_popescu: when forumanon says of mp what obama&co say of putin, we know we're living in
the best of possible worlds.
chetty: is
that forum page a guy
talking
to himself? sure sounds like it
mircea_popescu: but
the leaders of
the sheeple bleating
this nonsense on
the forum said
the same
thing about
the man
that spanked
them.
truffles: internet, i know its
the best
thing ever
mircea_popescu: truffles it's good you have
the internet, because you can
thus acquire even more parts you don't understand
to build even larger
the pile of dysfunctional junk
that is your brain.