Friday, 22 May 2015

Marcus Tullius Cicero, his true character in a few words

While being a genius in the fields of language, philosophy, and political theory, Marcus Tullius Cicero is remembered as a champion of republican values, of natural law, defender of liberty and justice etc. In fact, Cicero is one monumental hypocritical bastard!

For all his stances on justice & liberty, he never once criticized the institution of slavery. He never spoke in favor of class or land reform.

He was always mercurial in his politics, always bending in the wind and changing his bets in order to maintain appearances of moderation. He was never a moderate in truth, but a supporter of the Optimates; a hater of democracy and defender of the oligarchy!

Since he claimed that government MUST protect private property, and since he never attacked slavery, (slaves being private property) that made him a supporter (nay, a champion) of slavery! In the so-called Catilinarian conspiracy, Cicero's stance is anti-labor & in favor of the rentier class. Cicero was opposed to the cancellation of debts (something which we ourselves require in the present).

In one of his letters, Cicero admits how he wished he had been invited by those 'liberatores' to kill the tyrant in the senate house.

While a man of intellectual brilliance, Cicero's character was absolutely grotesque & hypocritical - he was a fearsome enemy of the common people.

Monday, 18 May 2015

The opponents of MMT are all Strawmen

So may strawmen arguments in this article.
Steve Keen is intentionally misrepresented, him disagreeing with those people who argue that the solution to the crisis is more private debt (proponents of QE for instance). MMTers do not prescribe increases in private debt as solution. 1st LOL.
MMR (strawmans) criticizes Mosler’s bank reform proposal as if it were a description of the present private banking system. 2nd LOL.
The article gets Zimbabwe wrong, claiming that excess money printing caused the hyperinflation, not the failed land reform which crippled output, caused shortages, social unrest, and led to the increase of the trade deficit to begin with. 3rd LOL.
The JG scheme is ‘unsustainable’ according to MMR because workers would require ‘too large amounts of money’ to be paid. Yeah, I guess those automatic stabilizers are just there as part of the decor, they don’t actually work or anything. Clinton Surpluses period proves that fiscal policy is WEAK (sarcasm).

Also, see JG different scenarios simulation cost/benefit here
On the supposed ‘weaknesses’ of MMT, read this:
So awesome to see that all the ‘debunking’ of MMT is just a collection of arguments based on ethics and sophistry.
PS: The difference between a paralogism and a sophism is that the former is unintentional, while the latter is intentional.

Monday, 11 May 2015

Ayn Rand, when uncomfortable, just resort to strawman and ad hominems

"I'm more educated now than I was 50 years ago, when I was in high school." This statement, Ayn Rand finds 'rude', and as such, refuses to answer the woman's question - stating that "I don't answer to hippies." Rand displaying her spiteful character and her hypocrisy. She's an impatient aristocratic bitch who cannot be bothered to answer matters brought up by us (undeserving/vermin) plebs. A critical audience is very uncomfortable for her. Her highness does not 'sanction' rudeness. Wuut? GTFO! She hates government, welfare, and queers. Her accent and ability to speak are bad as shit. I guess that comes from not socializing with people. Wait? Socializing? Socialism!? NOOOO!!!

Tuesday, 5 May 2015

All competent research does not represent IMF views

Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

Monday, 4 May 2015

I'm tired of people labeling 'Draw Mohammed' contest as anti-islam

I'm pretty tired about people labeling 'Draw Mohammed' contest as anti-muslim. Are you people seriously defending religious fundamentalism?

I don't care if you're a buddhist, muslim, christian, jew, whatever. People should be able to draw any character from any religion.

Let me give you an extreme example from my country. Jesus was depicted receiving god's cum from the heavens while on the cross during a modern art gallery organized by the Romanian National Institute of Art, several years ago. The gallery contained other crude elements of so-called art as well, such as a pink pony with a zvastica on its hip, paintings depicting rape and lewd and senseless poetry. Now, the vast majority of romanians are orthodox christians - they're superstitious as fuck. Yet, no bomb or murder threat was made after it.

The main complaint from the public/media was that the gallery was stupidly labeled under the phrase 'Romanian National Art'.

PS: Everybody draw Mohammed day was first held in 2010. So it's not something recently created to spite the attackers of Charlie Hebdo publication & the other french markets in the aftermath of that event.

Update: I know there's a lot of right-wingers who fancy this event. For example, the cartoon winner of this year's Draw Mohammed, Bosch Fawstin, is a major libertarian git. Just type his name in google and check out his blog. You'll get bullshit quotes from Ayn Rand, links to Atlas Shrugged (the cyber-libertarian bible), you'll see a cartoon of Obama on his hands and knees in front of Iran. Now, while I have no problem with actual satire, I can spot political bias. Iran is first and foremost a sovereign nation state with a record of attacking ZERO countries in the last 100 years. That's a pretty clean slate compared to other states, including western ones. Secondly, I want to point out that no matter the person's own political views (even if I agree with those views or not), no one should get murdered because of them, or because they draw on paper or on the internet pictures with characters from religion. If the christians can handle Sunday satanists making fun of Jesus (lewd manner included), then so can the muslims. And since the muslim community condemned the gunmen in the Texas shooting, that tells me everything is alright. We should never fall victims to generalization - for that is a grave error in judgement. It's like saying, a white american kid shot up several of his classmates and teachers, ergo all white americans are wacko gun nuts on a rampage. Or like saying, a black or tanned person was involved in a drive-by, ergo all people of darker skin are gangsters... that's just bullshit.