033803throwaway

I don't downvote. It is a cowardly habit.

There is nothing wrong with investing in a productive enterprise and expecting to share in the profits of that enterprise.

If a man is starving (or, worse, has convinced himself he needs a new iThing when he does not) and you loan him money you are either violating charity or enabling debt-peonage, respectively.

This is setting aside the exponential nature of compound interest, which is why debt-based economies always go bust, and focusing on the individual morality of the transaction.

The Kenyans are right.

What they need is money, not loans, and, in particular, not loans against consumption rather than production, which is what broadly available credit inevitably devolves into. (Look at college loans, which started off ostensibly as an investment in productive assets and has devolved into financing four years of heavily curated consumption followed by crushing student debt.)

Even loans against production are dangerous and eventually lead to debt peonage and wealth concentration, as we have seen time and time again, from roman times onward.

The problem is usury, and there is a long, historical argument about it that is completely ignored in the west. This is because history is written by the victors, and the usurers won. We are all usurers (or aspiring usurers) now.

What Patch offers instead is to take a piece of your home equity (currently limited to $250k maximum) and sell the upside on it to a investment fund.

Sometimes I can't help but feel that we deserve what's coming.

Or someone, anyone, make a functional clone of it.

I don't care much which OS I have to run, they are all the same now. I just want a smart phone that fits in a single hand.

I tried the palm and it is a bit too small, and the battery life was insanely bad.

Social trust has been declining for half a century:

https://archive.is/u9Jex

It's one of the most pressing issues in sociology and is rarely discussed at all, and typically discussed dishonestly when it is.

This is great advice in general, but FU money gets tricky when you have negative interest rates on deck.

We are one stock market pull back away from catastrophe even for wealthy boomers.

Interesting times.

Progress & Poverty (1879) by Henry George

Orthodoxy (1908) by G.K. Chesterton

The Brothers Karamazov (1880) by Fyodor Dostoevsky

Interesting that psychedelics are being pushed by elites via popular media like Joe Rogan, etc.

Amen.

And congratulations.

But you are not a useless worm and this is not a piece of dust.

Marriage is a wonderful institution and the children that come from it are the greatest gift you can be given.

Our culture tells us the opposite. But our culture is insane and wants you to be an isolated, rootless, consumer wage slave.

If that is the case, would it not be simpler, If the government simply dissolved the people And elected another?

"Eventually we will run out of things to rip off from Douglas Engelbart"

https://en.wikipedia.org/wiki/The_Mother_of_All_Demos

If trump is re-elected it may be the last time a republican wins a presidential election in the current system, due to demographic changes in key states (FL, TX, NC, etc.)

If the electoral college is abolished, it could actually end up getting another few republicans elected, since it would incentivize republican turnout in solidly democratic states like California.

I wouldn't.

Which is why I view the situation as hopeless, but not serious.

Always keep in mind: the US spends more per capita on public healthcare than any other country in the world, except Norway[1]

We pay for a single payer system, we just don't get it.

[1] https://en.wikipedia.org/wiki/List_of_countries_by_total_hea...

the florentine pattern repeats again: start a manufacturer, end a usurer

nihil sub sole novum

Gloria Steinem worked for the CIA as well.

It becomes very difficult to understand what happened during the 50s and 60s, the more you look into it.

There are many ways to do it, but one method would be to limit loans to some multiple (say 3x) of someones trailing income (say 3 years). This could be scaled into over time to smooth out price adjustments.

I admire the man and his concerns about debt. But he is playing a young, healthy single man's game.

Family formation without debt slavery doesn't have the same appeal to our media class, but it's far more important in the long run.

This is why housing affordability should be tied to income, rather than willingness to go into debt. As with education, once the banks can get a guarantee that they will be bailed out in case of trouble (explicit with education, implicit with housing) the race to the bottom commences. Prices go to the moon, everyone ends up in debt slavery

There is a reason the church was so hard on usury. I hope it rediscovers the issue: it is the most pressing social justice issue of our time, cutting across all non-elite identity classes.

I don't know if most SPA frameworks offer this sort of functionality, but with intercooler.js you can send response headers to trigger client-side events (or, if you are feeling hacky, to evaluate raw javascript.)

This can be used to trigger a full browser refresh when the application topology had changed dramatically.