From youtube comments:
Translation part 1: Referring to remark 6a to chapter 2 of the KN, the coustoms administration has additionally (first laugh)published the? so called swiss explanation (second laugh) to the tariff (repeat). Accordingly certain products get assigned to chapter 2, which has added spice during the production, aslong as the nature of the product is not changed. (third laugh) Open bracket for example Bü- (fourth laugh) for example BÜNDERFLEISCH!
Translation 2: Excluded of this chapter is meat, where spice spread on all surfaces of the product, and visible to the naked eye.
1. Say it’s not a big deal
2. Question motivation of everybody including interviewer
3. Don’t answer questions
4. Complain that you are interrupted because you disagree
and if all else fails ask:
5. What about the Bush administration?
Q. Are you against any government regulation of banks?
A. I am against Federal Government regulations. States could do whatever they want.
Q. Why are you against the federal regulations?
A. Because if they are wrong (and they often if not always are) they can bring the entire country down.
Q. What is wrong with the current regulation of banks?
A. Money is a product that can be saved, created, bought and sold, the same as potato. We created federal monopoly on production of this particular product and we regulate its price. This way money could be passed to the special interest under the disguise of a loan. If the true price, the market price of the loan is much higher, it’s not as apparent but is equivalent to passing money from taxpayers to special interest for help in reelection, future jobs, and consulting fees for politicians and members of their families. Such practice of legalized theft of taxpayers money is the main source of politicians power.
Q. But everybody agrees that current regulation will decrease systemic risk?
A. Not everybody. I coauthored a paper that proves that any regulation of risk increases risk.
Q. Maybe we just need global financial regulation?
A. No, global regulation just increases the risk, the same way as federal regulation increased the risk compared to the state regulation. And it also helps politicians to redistribute money from taxpayers to politicians global special interests. This is often done not as a loan but as a swap. We’re making swaps in trillions of dollars for euros. The word “swap”sounds innocently enough, as if it is a fair exchange. Only few people understand that any swap has a price, and because our counterparty enters in a swap with us, it means we offer it for a cheaper price. With this swaps and loans from IMF we are channeling American taxpayers money in 100′s of billions to special interests around the Globe.
How strongly will you work to:
1. end affirmative actions?
2. end federal income tax?
3. close our borders?
What do you want to do with illegal immigrants?
4. close our military bases in other countries?
5. bring our troops home?
6. phase out federal government entitlement program?
7. end minimum wage laws?
8. abolish election finance laws?
9. encourage homeschooling and private schools?
10. reduce the size of the government by two/thirds?
Many people are confused and misled by widely accepted wrong definitions and notions of capitalism. Check this latest example, the New York Times Sunday Book Review on Ayn Rand:
But Cerf offered Rand an alternative: if she gave up 7 cents per copy in royalties, she could have the extra paper needed to print Galt’s oration. That she agreed is a sign of the great contradiction that haunts her writing and especially her life. Politically, Rand was committed to the idea that capitalism is the best form of social organization invented or conceivable.
Giving up her royalties to preserve her vision is something that no genuine capitalist, and few popular novelists, would have done.
So, what do you think capitalism is? Making a buck? Greed is good? Dog eats dog?
The following generally accepted definition, displayed even in Wiki, is equally misleading:
Capitalism is an economic and social system in which capital, the non-labor factors of production also known as the means of production, is privately controlled; labor, goods and capital are traded in markets; profits are distributed to owners or invested in technologies and industries; and wages are paid to labor.
Are you ready for the definition of capitalism? Want to think a little more?
Here it is: [Read more →]
We have a few weeks before Congress will pass a healthcare bill. This is the time to take a fresh look at the healthcare industry, and discuss possible solutions to the problems it has.
Washington politicians are telling us that the status-quo is not an option, that it’s time for a change, and we should speak if we have a proposal to improve the healthcare. So here it is. This proposal is not as radical as the bill proposed in the Congress, but it’s the only proposal I am aware of that when implemented, will really reduce the price, will really increase the choice and the competition, will really be deficit neutral, will really provide free or almost free cover for all uninsured and all people with preexisting conditions, and will really not raise a penny in taxes on anybody. [Read more →]
Obama released the Torture Memo and said that those who designed the rules for torture may face criminal charges.
It was reported most recently here, here, and here. Watch Obama talk about it here.
