So, now you give the Devil the benefit of law!
Some personal take away's,
- This Ann lady fits perfectly into the Leftoid stereotype of someone who chases feelings and is incapable of dealing with concrete goals backed by facts and logic.
- I bet if we do some research we can find idiots like Ann funded with lots of money that would have been better put in other peoples hands to solve the same problems.
- There exists a caste system, the people with access to cheap debt, and normal people who deal with credit cards and mortgages. The people that sit on money, leveraged investments, that grow faster than they spend it, also known as the bourgeois. Then there is the other
casteof people that have to "earn" money.- Giving money to the "earning"
casteleads to them investing in the stock market which in turns gives money to thebourgeoiscaste.
- Giving money to the "earning"
- "Housing is an informal part of what economists would call the money supply."
- Anecdote, I went to a community trust housing project and talked to the lead organizer there. I explained how low interest rates make houses unaffordable to "earners". He had no idea what I was talking about. Lesson here is that not only do the people complaining about hosing prices have no idea why they are high but the people working in the low income housing industry have no idea why they are high either.
- "Basically, if you have a functioning reputation network, you can sell to a buyer at point A in exchange for a letter entitling you to some of the buyer's account held at point B."
- Contracts are the root of society, that is an axiom of some kind for designing new social systems
- "So, now you give the Devil the benefit of law!"
- The idea that rule of law also applies to the Devil, and therefore must be applied to every human being equally is a very strong concept that is relevant to those who want to design new social systems.
- Without the founding of the Federal Reserve System and the american Accumulation of British and French war debt it would have been very unlikely America would have entered World War 1.
- Central banks, their bonds, and access to cheap capital are the real reason America Entered World War 1.
- The cheap money printer known as The Federal Reserve is why the "Military Industrial Complex" keeps running and killing the way it does


