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    News Speaking as a business owner about taxes

    State and local government fiscal and tax policies introduce even more variables in the complex relationship between the real economy and financial sector. In New York and New Jersey, there are dozens of quasi-government Authorities who are empowered to contract for debt which is essentially...
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    News Speaking as a business owner about taxes

    Wages are financial compensation for labor. Thus a wage tax is a labor tax. This Wiki is a long list of tax protest cases. This section deals with progressive taxation and labor tax arguments: http://en.wikipedia.org/wiki/Tax_protester_constitutional_arguments#Progressive_taxation The Fed...
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    News Speaking as a business owner about taxes

    This is a short propoganda on the benefits of quantitative easing published by the Bank of England: http://www.bankofengland.co.uk/monetarypolicy/pdf/qe-pamphlet.pdf In America the Fed is "expanding its balance sheet" which is the same as "quantitative easing." It is giving money to banks...
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    News Speaking as a business owner about taxes

    The "income" tax is actually a labor tax as it currently operates. A sales tax applies when one purchases actual income (takes goods or services from society). Bailing out the financial system implosion fueled by low capital gains taxes, lax regulations, and perverse executive compensation...
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    News Speaking as a business owner about taxes

    I agree that lower taxes are no panacea. I expected the financial system to blow up sooner or later when Bush cut taxes after 9-11 and we were in recession. During a recession there is usually an excess capacity in the economy so what is the point of cutting taxes on a wealthy business owner...
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    Positive prudence

    Wow. When I read the title, "positive prudence," I never would have guessed the direction of this thread! The meaning of altruism seems to have become the focus of debate. I thought the benefits of commerce might be listed here, you know, the idea of the "invisible hand." Each person follows...
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    News Energy independence for the US (or any other country)

    Areva (nuclear giant) buys Ausra (solar thermal technology) in this news clip: http://www.reuters.com/article/idUSTRE6173TF20100208 Apparently solar thermal is considered similar to nuclear in a carbon reduction portfolio. From comments above, I wonder if solar thermal is more carbon...
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    News Energy independence for the US (or any other country)

    Sure there are natural sources of radiation on Earth, most of which were buried by Nature in the past. I was not aware of the natural reactor so thanks for the information, here's a link: http://www.ocrwm.doe.gov/factsheets/doeymp0010.shtml [Broken] Digging up natural sources of radiation...
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    News Energy independence for the US (or any other country)

    mshelp - I assume you are joking? Yes, the "soft path" is harder than the "hard path". Jefferson (Declairation of Independence) - All history hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are...
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    News Energy independence for the US (or any other country)

    Russ - I favor solar power on precept and principle. The precept is to "Love God and love your neighbor in the land." And "beat your swords into plowshares." Through the mercy of our God, The Daystar of heaven shines upons us, Enlightening those who dwell in darkness, And in the shadow of...
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    News Sights are off the moon, and maybe put away for good.

    I've heard the main reason (financial) for the new moon missions is helium-3 mining or other high value exotic materials. http://en.wikipedia.org/wiki/Helium-3 Personally I think we've done a poor job stewarding the energy and resources of Earth so far. If we were my children and I was...
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    News Energy independence for the US (or any other country)

    Reason Magazine online compares "nuclear socialism" to "solar socialism" arguments in this two page item How Green Are Your Nukes?. http://reason.com/archives/2010/01/22/how-green-are-your-nukes/ I favor solar socialism for reasons stated above. I figure if Nature or Nature's God, as one...
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    Public Money (sources & sinks)

    Please specify exactly where I, or William Hummel (at the link I posted above), advocate a ban of loans? My original question is about purchasing public goods (government spending) with loans, it does not say no one should be able to purchase private goods with loans. Also the Fully Backed...
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    News Energy independence for the US (or any other country)

    Right. What I mean is that the NPP is converting awesome amounts of power to materials and chemical storage simply from sunlight, and life on earth has operated on this clean renewable abundant power source since long before the industrial revolution. The fossil fuels we burn provide high-energy...
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    Public Money (sources & sinks)

    I'm currently studying the ideas of William Hummel, a former control systems engineer with lots of experience, on his site Money. I need to first learn why the current system is so unstable and how it might be stabilized in the future. Here are his suggestions for a Fully Backed Depository...
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    News Energy independence for the US (or any other country)

    This is a NASA article about the Net Primary Production: http://earthobservatory.nasa.gov/Features/HANPP/hanpp.php which is the solar powered energy that supports all human consumption and powers life on earth. Although the OP asks about energy independence in the short run, there is a...
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    Mythology and gullability - did people really buy these stories?

    Depends on how broad is your definition of myth. One could view law as a code based on moral judgments concering social conduct. Then laws would based on these ideas, which could be described as personal or prevailing myths. A good book is The Myth of Mental Illness by Thomas Szasz. This...
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    News Energy independence for the US (or any other country)

    I voluntarily relax this statement about politics not being an issue based on reading this report about the law suit between the State and DOE over the Hanford cleanup: http://crosscut.com/2009/02/05/hanford/18832/ [Broken] although it appears (from what I can fathom) that the politics are...
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    News Energy independence for the US (or any other country)

    The other advantage is power produced at high voltage draws less current and reduces the proportion of waste heat (oh no, I said "waste"!). Thus the efficiency should be higher and the series/parallel configuration of panels is more efficient in larger series stack. This is also true for DC...
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    News Energy independence for the US (or any other country)

    My regrets to anyone on the thread who considers my prior posts to have been spreading misinformation. Here is a link to a 79 page pdf from the International Atomic Energy Agency discussing the Use of Reprocessed Uranium: Challenges and Options...
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    News What would Jesus pack?

    I regard the Gospels as a colllection of legends, meaning, a story widely interpreted as historical although unverifiable. Therefore anything attributed to a saying of Jesus is open to speculation as to authenticity. On the issue of laying down one's swords, there is the contrary injuction from...
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    Public Money (sources & sinks)

    rge270 provides a different link to this paper above: Can Taxes and Bonds Finance Governement Spending? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=115128 It's 28 pages and one of the more interesting papers I've read about fiscal and monetary policy in America. The conclusion is...
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    Public Money (sources & sinks)

    I appreciate the feedback, and view your reply as the "prevailing wisdom." Edison was one of my idols growing up (not so much now that I know more about a few of his dubious business practices). He said, "What man's mind can create his character can control." Personally I pray we can...
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    Public Money (sources & sinks)

    Thanks for these links, I'll be reading (most) of them.
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    Will religion always be with us?

    In my experience, yes. Clever experiments suggest, if not prove, that infants are born with strong preferences to see human faces. There of course are exceptions to the general rule, such as blind or autistic infants. But sighted newborn children will suckle on an electronic nipple sensor at the...
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    Will religion always be with us?

    I can't argue with any reasoning written in this short essay on religion, which appears to be written by Charles Darwin after much thought on the subject: http://www.update.uu.se/~fbendz/library/cd_relig.htm the essay convinces me that a thoughtful scientist accounts for the nature of...
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    Public Money (sources & sinks)

    I'm quoting myself just to introduce this paper I found today, from the Bank of England, promoting the "benefits" of the new monetary tool call Quantitative Easing. http://www.bankofengland.co.uk/monetarypolicy/pdf/qe-pamphlet.pdf Under this theory the banks first inflate asset prices by...
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    American (and others') sensibilities

    In my own introspection I conclude that within a "tribal" mammal society one survives on Earth via the "skirmish line" of mammal bodies against nature and other species. The males for example would hunt, fish, forage, defend in groups and the females would also find increased individual/social...
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    Public Money (sources & sinks)

    This also occurs under the current scheme in which money only originates as debt. The money needed to pay the interest payments (by society as a whole) is not created yet, so how the heck is society expected to pay down the debt? It is a perpetual accounting scheme ... When the debt-money...
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    Public Money (sources & sinks)

    According to monetary historian Andrew Gause, in The Secret World of Money, it was possible to create public assets without inflation throughout history! The idea is similar to my barn raising example, except for a public project you print money to pay workers to create the public asset, then if...
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