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  • posted a message on The WTO
    Quote from ljossberir
    1. Greatly reduce the amount of available trade partners.
    2. ???
    3. Profit.

    Please explain part 2.


    Here is what the USA ought to do:
    1. Leave the World Trade Organization and greatly reduce the amount of available trade partners.
    2. Decrease transportation costs for every sector of industry.
    3. Decrease dependency on foreign oil.
    4. Decrease pollution & environmental damage.
    5. Decrease pathogen risk.
    6. Increase oversight and quality controls on products.
    7. Increase innovation and overlap between industries.
    8. Employ Americans.
    9. Increase enfranchisement and patriotism of Americans; decrease crime.
    10. Increase redundancy in national economic infrastructure; increase national security; increase domestic tranquility
    When many people on my block are unemployed & demoralized, what's the point of having a bunch of stuff from China? Are Chinese goods going to reduce crime in my neighborhood?
    Posted in: Debate
  • posted a message on The WTO
    China, a state-capitalist (pseudo-capitalist) nation, was accepted into the World Trade Organization in 2001, ten years ago.

    Recently, the WTO has ruled that China can no longer be punished for unfair trade practices:
    Originally Posted by http://www.activistpost.com/2011/03/wto-sides-with-chinese-state-capitalism.html

    In a free-market economy like our own, dumping is considered to occur when a product is sold abroad for either less than its production cost, or less than what it is sold for domestically. Unfortunately, in an economy like China’s, which is so tightly controlled by the government that many prices are essentially whatever the government says they are, this logic doesn’t work. There are no normal prices to observe in order to figure out how big the subsidy is. So the U.S. Government has been using various statistical techniques to calculate the relevant prices.

    The WTO has ruled that our techniques are not legit. Bottom line? We're supposed to overlook the vast panoply of subsidies—ranging from free land to cheap loans and a million different tax credits—because state capitalism makes them tricky to calculate.

    Free traders are celebrating this ruling. Unfortunately, “free” is the last thing trade with subsidized state capitalism is. It’s controlled. Just not in our interests.

    As with many of America’s trade problems, it’s not like we didn’t see this coming. As Leo Gerard, president of the United Steelworkers, has rightly pointed out in protest against this ruling, "When China joined the WTO in 2001, it agreed to be treated as a non-market economy in dumping cases and to be subject to countervailing duty laws, but today the Appellate Body appears to have created special carve outs for China that neither the U.S. nor anyone else agreed to ten years ago."
    Despite this alarming disadvantage, the USA continues to cede much of its economic policy to the World Trade Organization which is based in Switzerland. Results:
    Originally Posted by http://blogs.forbes.com/beltway/2011/02/14/intelligence-community-fears-u-s-manufacturing-decline/

    The resulting U.S. deficit of $273 billion in bilateral trade with Beijing reflects a persistent feature of the Sino-American relationship since China joined the World Trade Organization in 2001. Over the last ten years, China has mounted the biggest challenge to the U.S. manufacturing sector ever seen, threatening producers of steel, chemicals, glass, paper, drugs and any number of other items with prices they cannot match. Not coincidentally, the United States has lost an average of 50,000 manufacturing jobs every month during the same period.
    • On average, every month for the past decade, the USA has lost 50,000 manufacturing jobs.
    Originally Posted by http://www.gallup.com/poll/146453/Gallup-Finds-Unemployment-Hitting-February.aspx

    Gallup Finds U.S. Unemployment Hitting 10.3% in February

    Underemployment surged to 19.9% in February from 18.9% at the end of January
    • 1 out of 5 Americans is underemployed.
    Originally Posted by http://www.fns.usda.gov/pd/29SNAPcurrPP.htm

    SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM: NUMBER OF PERSONS PARTICIPATING ( Data as of March 2, 2011 )

    ...

    Total 44,082,324
    • 1 out of every 7 Americans relies on food stamps.
    Is it in the USA's long-term interest to continue to participate in the WTO?

    If the USA were to quit the foreign WTO, place tariffs on all imports, produce all of our own food & energy and become self-sufficient, would we immediately return to the massive prosperity our ancestors have enjoyed, and press the Undo button on this economic evisceration?
    Posted in: Debate
  • posted a message on Is it possible to value the family without valuing the community?
    How do some conservatives intellectually manage to simultaneously espouse family values while balking at the word "community?"

    A group of families is a community. A family begins by a man entering a community and finding a woman to wed. Isn't the community like the meta-family?

    Do conservative folks realize that, by attacking the concept of "community," they are really attacking the source of the family, their beloved pillar of morality?
    Posted in: Philosophy
  • posted a message on Mute Aura
    Why is it broken? Sure, you can cast this and then cast all of your spells, but then, so can the opponent. And it doesn't help counterspell decks, because it eliminates tempo advantage.

    It is common because it is weak in Limited, and it does not stack in multiples. Would anyone even pick this highly? Is it better than Dark Ritual in the long run?

    I do like this idea, Scuirimancer:

    Quieting Wand
    W
    Enchantment- Aura [c]
    Enchant creature
    Spells cost 1 more to cast.
    Posted in: Custom Card Creation
  • posted a message on Mute Aura
    Mute Aura
    W
    Enchantment [c]
    Spells cost 1 to cast.
    Posted in: Custom Card Creation
  • posted a message on And... Auras!
    I like Glowlace and Research Subsistence.
    Posted in: Custom Card Creation
  • posted a message on Green-Blue
    What mechanical crossover does GU have, and how can the overlap be improved?


    U warps the game into "your cards become weaker and weaker compared to mine."

    G warps the game into "my cards become stronger and stronger compared to yours."

    Whereas B and R focus on how much a card changes the board state, G & U focus on applying cards in the aggregate to create a game state for which the opponent is unprepared.

    GU tries to be unpredictable, as it wants to retain the ability to move toward aggro or toward control at any time, with both agility and power. Meanwhile, it doesn't want every single card to be the epitome of versatility. So, the color combination is all over the map, but there are great decks to be made from them.
    Posted in: Custom Card Creation
  • posted a message on The Supreme Court rules that The Federal Reserve Bank must disclose TARP borrowers
    Quote from sentimentGX4
    How does that relate to TARP?


    The Clearing House Association LLC knew there was no credit crisis. For what reason would they extort $3,500,000,000,000 from the U.S. Treasury, except to create inflation & uncertainty in the U.S. economy?

    http://www.zerohedge.com/article/us-inflation-track-hit-83

    TARP essentially ended capitalism; it formalized credit (rather than capital) as the basis of the U.S. economy.

    Just look at these figures:

    Originally Posted by http://www.zerohedge.com/article/guest-post-recovery-self-sustaining-heres-test

    Let's compare Federal spending in 2004, 2007 and 2010. Remarkably, the Federal government spends $1 trillion more a year now than it did a mere three years ago and $1.5 trillion more than it did a brief six years ago. Here are the numbers from the Office of Management and Budget website::

    revenues

    2004 $1.88 trillion
    2007 $2.56 trillion
    2010 $2.16 trillion

    spending

    2004 $2.29 trillion
    2007 $2.72 trillion
    2010 $3.72 trillion

    deficit

    2004 –$412 billion
    2007 –$160 billion
    2010 –$1.3 trillion

    In three years, Federal spending jumped almost exactly $1 trillion, or 36.7%.

    Here are the deficits of the past three years, and the estimated shortfalls for fiscal years 2011 and 2012:

    2008: $458 billion
    2009: $1.4 trillion
    2010: $1.3 trillion
    2011: $1.5 trillion (est.)
    2012: $1.6 trillion (est.)

    (CBO estimate for 2011)

    total: $6.258 trillion in five years.

    And this isn't even the real total being added to the national debt, as “supplemental appropriations” for war costs and other large expenditures are “off budget” and not included in the “official” Federal deficit. The same is also true of funds appropriated to bail out mortgage giants Freddie Mac and Fannie Mae and other financial institutions.

    Gross debt increased by $1 trillion fiscal year 2008, $1.9 trillion in 2009 and $1.7 trillion in 2010--considerably higher than the “official” deficit numbers. Debt held by the Public—which includes Treasury bonds owned by the central banks of China, Japan and other countries--jumped up 80% from $5 trillion in 2007 to $9 trillion in 2010.

    Meanwhile, the U.S. economy has been treading water. In adjusted-for-inflation dollars, the U.S. Gross Domestic Product (GDP) in 2010 was almost precisely the same as it was in 2007: $13.363 trillion in 2007 and $13.382 trillion in 2010.

    So the Federal government will have spent over $6 trillion--almost 41% of the nation's annual GDP--just to keep GDP stagnant. That $1 trillion a year in extra spending is 7% of the GDP, which implies that if the Federal budget returned to the carefree, free-money days of 2007, the GDP would contract by 7%.


    Our economy is no longer a free-market. We have entered into a centrally-planned economy, which violates the essence of our nation.
    Posted in: Talk and Entertainment
  • posted a message on The Supreme Court rules that The Federal Reserve Bank must disclose TARP borrowers
    Quote from The Waffle King
    What law was the TARP against, anyway?


    Amendment XIV
    Section 4.

    The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations, and claims shall be held illegal and void.
    Posted in: Talk and Entertainment
  • posted a message on Is this fair?
    What level of IQ would it take to abscond the government from contract law?

    If the USA government is a government "of the people, by the people, and for the people," and, if the government has immunity to contract law... do the people thereby have immunity to contract law?

    This is crazy!

    Most labor unions may be corrupt, but contracts are the issue at hand. Civilization is based on them.

    Here is the first paragraph of Section 10 of Article I of the USA constitution:

    "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

    (emphasis added)
    Posted in: Debate
  • posted a message on The Supreme Court rules that The Federal Reserve Bank must disclose TARP borrowers
    Originally Posted by http://www.bloomberg.com/news/2011-03-21/fed-must-release-bank-loan-data-as-high-court-rejects-appeal.html

    The Federal Reserve will disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the records from public view.

    The justices today left intact a court order that gives the Fed five days to release the records, sought by Bloomberg News’s parent company, Bloomberg LP. The Clearing House Association LLC, a group of the nation’s largest commercial banks, had asked the Supreme Court to intervene.

    “The board will fully comply with the court’s decision and is preparing to make the information available,” said David Skidmore, a spokesman for the Fed.

    The order marks the first time a court has forced the Fed to reveal the names of banks that borrowed from its oldest lending program, the 98-year-old discount window. The disclosures, together with details of six bailout programs released by the central bank in December under a congressional mandate, would give taxpayers insight into the Fed’s unprecedented $3.5 trillion effort to stem the 2008 financial panic.
    “I can’t recall that the Fed was ever sued and forced to release information” in its 98-year history, said Allan H. Meltzer, the author of three books on the U.S central bank and a professor at Carnegie Mellon University in Pittsburgh.

    Unprecedented Disclosure

    Under the trial judge’s order, the Fed must reveal 231 pages of documents related to borrowers in April and May 2008, along with loan amounts. News Corp. (NWSA)'s Fox News is pressing a bid for 6,186 pages of similar information on loans made from August 2007 to November 2008.
    The records were originally requested under the Freedom of Information Act, which allows citizens access to government papers, by the late Bloomberg News reporter Mark Pittman.

    As a financial crisis developed in 2007, “The Federal Reserve forgot that it is the central bank for the people of the United States and not a private academy where decisions of great importance may be withheld from public scrutiny,” said Matthew Winkler, editor in chief of Bloomberg News. “The Fed must be accountable to Congress, especially in disclosing what it does with the people’s money."

    The Clearing House Association contended that Bloomberg is seeking an unprecedented disclosure that might dissuade banks from accepting emergency loans in the future.

    Obama Administration

    “We are disappointed that the court has declined our petitions, which deal with the protection of highly confidential bank information provided to the Federal Reserve,” the group said in a statement after the high court acted.

    A federal trial judge ruled in 2009 that the Fed had to disclose the records in the Bloomberg case, and a New York-based appeals court upheld that ruling.

    The Clearing House Association’s chances at getting a Supreme Court hearing suffered a setback when the Obama administration urged the justices not to hear the appeal. The government said the underlying issues had limited practical significance because Congress last year laid out new rules for disclosing Fed loans in the Dodd-Frank law.

    “Congress has resolved the question of whether and when the type of information at issue in this case must be disclosed” in the future, the administration said in a brief filed by acting Solicitor General Neal Katyal, President Barack Obama's top Supreme Court lawyer.

    Discount Window

    The Fed had previously fought alongside the banks in opposing disclosure. It also sought to join the industry group in seeking high court review, only to be overruled by Katyal, according to court documents.

    Justice Elena Kagan, formerly Obama's top Supreme Court lawyer, didn’t take part in the court’s consideration of the appeal. Since joining the court last year, she has disqualified herself from cases in which she took part as a government lawyer.

    Bloomberg initially requested similar information for aid recipients under three other Fed emergency programs. The central bank released details for those facilities and others in December, after Congress required disclosure through the Dodd- Frank law.

    The legislation didn’t apply retroactively to the discount window lending program, which provides short-term funding to financial institutions. Discount window loans made after July 21, 2010, must be released following a two-year lag.
    Okay, so The Federal Reserve Bank has to reveal the names of all of the borrowers of TARP to public scrutiny. So, what?

    This will reveal that there was no credit shortage in 2008. Liquidity was available to qualified applicants, in normal amounts, inconsistent with the claims made by Wall Street representatives to Congress that the economy was going to collapse without an unlawful TARP bailout:
    Originally Posted by http://www.voxeu.org/index.php?q=node/4941

    Conclusion

    In the immediate aftermath of Lehman’s bankruptcy, the fed funds market seemed to become sensitive to bank specific characteristics, in not only the amounts lent to borrowers but even in the cost of funds. We see sharp differences between large and small banks in their access to credit: Large banks show reduced amounts of daily borrowing after Lehman and borrow from fewer counterparties. Assuming that in the very short run banks do not change their demand for liquidity, these results are consistent with credit rationing of large banks. In contrast to some theoretical models, we do not find evidence of a complete cessation of lending, nor do we find evidence that riskier lenders are more likely to hoard liquidity at the height of the crisis.
    Five days until the public realizes that $3.5 trillion was stolen unlawfully and under false pretenses.

    What will the ramifications be?
    Posted in: Talk and Entertainment
  • posted a message on 8.9 EARTHQUAKE HITS JAPAN
    Quote from NightfallGemini
    but no, seriously, WUBRG. your sources are less-than-credible, slightly *less* than Alex Jones even. trying to spread FUD like this just makes you look bad in the end dude.


    I'm not talking about the Illuminati here.

    This is radioactive material, from meltdowns in a multi-reactor nuclear plant. Lollipops aren't going to be raining down from sky.

    Just because I'm sharing my research on a serious matter, does not mean I am deliberately trying to scare you to get some trollish ego gratification.

    You could survive the coming situation if you take measures to prepare yourself in time. If you ignore what I'm saying, maybe it will turn out that I'm overreacting and nothing will happen to you. There, happy?

    Quote from NightfallGemini
    now, if the source were something official, like another country's investigation showing this instead of absolute wild mass guessing, okay then.


    A bureaucracy would take months to compile a study that avoided legal liability.
    Posted in: Talk and Entertainment
  • posted a message on 8.9 EARTHQUAKE HITS JAPAN


    That is great! An optimistic development. I hope the electrical power can allow the water or steam pumps to be activated again. Perhaps now some of the world's militaries will be able to deploy to Japan to give aid, if the radiation level becomes significantly decreased.

    For how long are they going to have to continue to spray water on to the fuel storage?

    I have done some calculations.

    Chernobyl nuclear meltdown: 180 metric tonnes of material, 20 mile radius severely affected

    1 metric tonne = 1,000 kilograms

    Chernobyl: 180,000 kilograms of material, 20 mile radius

    http://www.nucleartourist.com/basics/hlwaste.htm

    1 fuel rod for a BWR plant (such as Fukushima) weighs 183.3 kilograms.

    7,000 spent fuel rods = 1,283.1 metric tonnes

    Almost 1,300 tonnes. Compared to Chernobyl's 180 tonnes.

    I cannot theorize precisely how the total weight of radioactive material would proportionately transfer to the distance of the affected radius. My layman's guess, for 7,000 rods: this might create fallout covering a 120 mile radius.

    This is on the condition that there were 7,000 spent fuel rods involved in the meltdown, information which I have not confirmed to my satisfaction yet.

    Does anyone know where to find information on how the spent fuel rods at Fukushima have been disposed for the past 40 years? It is my present assumption that they have been stored above the reactors for 40 years. Has anyone found anything to suggest the rods were transported elsewhere?
    Posted in: Talk and Entertainment
  • posted a message on 8.9 EARTHQUAKE HITS JAPAN
    Quote from ThisSatori
    I am reading news in English and Japanese and there is no reason to flee like that.


    Here is some more news:

    Originally Posted by http://english.kyodonews.jp/news/2011/03/78387.html

    An estimated 70 percent of the nuclear fuel rods have been damaged at the troubled No. 1 reactor of the Fukushima No.1 nuclear power plant and 33 percent at the No. 2 reactor, Tokyo Electric Power Co. said Wednesday.

    The reactors' cores are believed to have partially melted with their cooling functions lost after Friday's magnitude 9.0 earthquake rocked Fukushima Prefecture and other areas in northeastern and eastern Japan.
    Fukushima has been storing its spent fuel rods within the facility for the past 40 years. There are possibly hundreds of thousands of them there.

    Originally Posted by http://www.thenation.com/article/159234/fukushimas-spent-fuel-rods-pose-grave-danger

    “The steel wall of the pool seems to show damage. All the surrounding equipment, including the two cranes, has been destroyed. There is smoke coming from reactor No. 3, and steam coming from the spent fuel pool next to it. That indicates that the water in the pool is boiling. And that means the spent fuel rods are getting hot and could start burning.”

    If the spent rods start to burn, huge amounts of radioactive material would be released into the atmosphere and would disperse across the Northern Hemisphere.

    Unlike the reactors, spent fuel pools are not—repeat not—housed in any sort of hardened or sealed containment structures. Rather, the fuel rods are packed tightly together in pools of water that are often several stories above ground.
    Posted in: Talk and Entertainment
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