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For those who don’t like capital punishment I have a compromise. We just put a bunch of Quonset huts on Adak and dump the violent criminals there. Food and other supplies can be airdropped. Yeah, a few hundred residents still remain after they closed the Adak Naval Base but the government can build them $500K homes on the Kenai Peninsula or wherever else they choose to live in Alaska. Chance of escape would be asymptotic to zero even for an experienced mariner assuming he could even assemble enough materials to build a crude boat. I would say the chance of a violent criminal being an accomplished sailor and naval architect is again asymptotic to zero. Chances are good these folks would spend their time killing each other.
In response to:

Arab Winter

gxm Wrote: Nov 27, 2011 12:07 PM
Whether or not going back to a foreign policy more like the Monroe Doctrine from what we have now which is still basically the Truman Doctrine (a result of the barbarism of WWII) should be a subject for serious debate. Something like the Monroe Doctrine approach may be best for the USA. But to take the naïve attitude that all will be well in the eastern hemisphere if the world cop leaves is foolish. IMHO they will go right back to what they have done for all of recorded history and before that, unremitting warfare. We better have a foolproof plan to keep them out of this half of the planet if we can’t be the world cop any longer.
In response to:

The Real Prison Industry

gxm Wrote: Nov 25, 2011 2:56 PM
Here is a better idea. It would be effective and cheap. Make all violent crimes a capital offense with one automatic appeal and self-defense isn't a crime. If you don’t win your appeal you get hanged within three days. We’ll run out of violent criminals fast. For other crimes (theft where no violence occurs for example) you have to pay the victim(s) double what was stolen. Everything you own gets liquidated to cover the amount. If it isn’t enough you work for the state and all your earnings go to pay the amount off. You get a cot in a barracks and three very basic meals a day. If that never pays off the amount - tough. You can have 30 seconds every day for self-pity. Any victimless crime like shooting garbage into yourself isn’t a crime
In response to:

Fed Planning QE3?

gxm Wrote: Nov 06, 2011 2:57 PM
due to inflating the money supply, serious unemployment and high interest rates at the same time. We had it in the 70’s and early 80’s and recently Zimbabwe did it on steroids. There is such a thing as a hyperinflationary depression despite what the Keynesian voodoo doctors tell you.
In response to:

Fed Planning QE3?

gxm Wrote: Nov 06, 2011 2:53 PM
And 4 th but not least the government cooks the books. If the CPI were calculated in the same way as it was in the 1980’s it would be going up at a 6 to 9% annual rate depending on where you live in the U.S. If you believe deflation is a bigger threat you are deluding yourself. In fact for much of our history we had price decreases. It is actually a good thing if you have a healthy economy and stable money because it happens through productivity. If you don’t maintain stability with the thing you use for a store of value and a medium of exchange, you will eventually end up in a debt driven monetary collapse and get up close and personal with the third world. And don’t for a minute believe that you can’t have serious price increases...
In response to:

Fed Planning QE3?

gxm Wrote: Nov 06, 2011 2:52 PM
4 major reasons the money printing hasn’t had as big an impact on inflation: phip502 hit on one The second is that we export a lot of inflation that creates price increases elsewhere. China for example keeps their prices down for exports to us by printing yuan to maintain their peg to the dollar but that produces price increases at home. If China were to cease this activity you would see prices in places like Walmart skyrocket. Third price increases don’t always hit the same areas of the economy equally. The last to money printing episodes first caused asset bubbles in stocks (Dot Com bubble) and then housing. This time we are seeing more of an effect on commodities which is why food and energy price increases are accelerating.
In response to:

Obama's Path to Reelection

gxm Wrote: Oct 09, 2011 1:27 PM
. I’ll bet a Krugerrand that in the summer of 1922 for example no on in Weimar Germany had a clue that by November of 1923 their currency would be worthless.
In response to:

Obama's Path to Reelection

gxm Wrote: Oct 09, 2011 1:26 PM
“backlash towards the Republican party because the economy and jobs will not have improved as much as they should have” Impeachment folks and not just for El Presidente but all the toadies that follow this guy and are deep-sixing this economy. It’s economic sabotage and that’s an impeachable offense. We don’t have until November 2012. We are on a debt driven monetary collapse path and such economic processes are exponential in nature. Most won’t get it until we hit the knee of the curve but then it will be too late and things will be moving at speed c. Don’t believe it? Wait a few more months. It’s going to get a lot worse. Bear this in mind. These sorts of collapses have happened many times and always take the victims by surprise....
In response to:

Occupy Wall Street is A Fraud

gxm Wrote: Oct 08, 2011 10:35 AM
“The fundamental values of any population change over time.” That’s only because we allowed our education system to become a collectivist propaganda mill. Vouchers would help reverse that. We have to restore the Constitution and the republic or die trying. To paraphrase Churchill these collectivists will not win until I lie choking in my own blood upon the ground. I’ll admit it looks bleak but the alternative is to descend into a third world existence with its misery, penury, squalor, hopelessness, malnutrition, and premature death. In my youth I spent some time in the third world. Trust me we’re better off dead than living in a third world hellhole.
In response to:

Obama's Behavior Is Getting Worse

gxm Wrote: Oct 07, 2011 1:48 PM
We are on a path to a debt driven monetary collapse so you could be correct about this being the last year for the dollar. The important thing to realize about this process is that it is exponential in nature. That means you can easily be fooled about how bad things are until you hit the knee of the curve. I doubt for example that folks in Weimar Germany in the summer of 1922 had any clue that but November 1923 the mark would be worthless. Check out www.chrismartenson.com. Martenson is no lightweight (check his bio) and his Crash Course provides a very good explanation of exponential processes in economics and nature. IMHO we will most likely see the first of a series of dollar crises that will deep-six the currency about this time next yea
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