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by MediumTex
Thu Aug 25, 2016 5:29 pm
Forum: Other Discussions
Topic: PPers Thoughts on 'The Sovereign Individual'
Replies: 19
Views: 5968

Re: PPers Thoughts on 'The Sovereign Individual'

You've got to get the money out of the game as well as the career political hacks. If government is unable to take wealth from its citizens, it will have less money to operate on. It will be forced to shrink due to less funds. This shrinking means that it has less control of things. Lobbyists are t...
by MediumTex
Thu Aug 25, 2016 5:18 pm
Forum: Other Discussions
Topic: Overregulated Close to Home
Replies: 7
Views: 3543

Re: Overregulated Close to Home

What I witnessed during this three-week period of time was a testament to what people can, and will, do if the forces of government will just leave them alone. The trouble with the "forces of government" is that it's defining characteristic is not leaving people alone. Telling people what to do is ...
by MediumTex
Thu Aug 25, 2016 5:03 pm
Forum: Other Discussions
Topic: PPers Thoughts on 'The Sovereign Individual'
Replies: 19
Views: 5968

Re: PPers Thoughts on 'The Sovereign Individual'

We're not rolling back to minarchy, nevermind to anarchy, until there are term limits. So I stronlgy suggest focusing on that. We must kill being a politician as a valid career choice. All the talk in the world is not going to change anything until that problem is eradicated. And then there are the...
by MediumTex
Wed Aug 24, 2016 9:08 pm
Forum: Other Discussions
Topic: Overregulated Close to Home
Replies: 7
Views: 3543

Re: Overregulated Close to Home

Another one that makes me crazy are the notices that you get (at least one every couple of weeks) from your bank, your insurance company, your credit card company, your utility companies, etc., the purpose of which is to disclose something to you. The disclosure is always buried in three pages of l...
by MediumTex
Wed Aug 24, 2016 7:24 pm
Forum: Other Discussions
Topic: Overregulated Close to Home
Replies: 7
Views: 3543

Re: Overregulated Close to Home

Over on the Hate thread, Medium Tex wrote: This may sound heretical, but apart from Obamacare, we could have done a lot worse over the last eight years than we have done with Obama (though I think the Republicans deserve credit as well for keeping Obama on a short leash). To which I responded: Wow,...
by MediumTex
Wed Aug 24, 2016 7:08 pm
Forum: Other Discussions
Topic: PPers Thoughts on 'The Sovereign Individual'
Replies: 19
Views: 5968

Re: PPers Thoughts on 'The Sovereign Individual'

Remember, though, LOTS of people don't like the pressure of independence and are comforted by having someone around to tell them what to do. A lot of people DO have that preference. But in the future, that may be a yes/no choice for individuals to opt in and out of instead of a forced default chose...
by MediumTex
Wed Aug 24, 2016 6:53 pm
Forum: Permanent Portfolio Discussion
Topic: Long bonds, at these rates?
Replies: 26
Views: 7718

Re: Long bonds, at these rates?

Long bond rates matter not. What matters is volatility, hmm?

Image

Rebalance when rates rise
Harvest the gains when they fall
Been doing it since 2008
And I'm having a ball
by MediumTex
Wed Aug 24, 2016 6:45 pm
Forum: Other Discussions
Topic: PPers Thoughts on 'The Sovereign Individual'
Replies: 19
Views: 5968

Re: PPers Thoughts on 'The Sovereign Individual'

I don't believe I've read the book, but anyway I am familiar with the proposition. I used to believe that the internet and peer to peer communications would free us. Now I'm not so sure it won't enslave us. We are beholden to electronic communications, and governments are for the most part able to ...
by MediumTex
Wed Aug 24, 2016 6:40 pm
Forum: Other Discussions
Topic: PPers Thoughts on 'The Sovereign Individual'
Replies: 19
Views: 5968

Re: PPers Thoughts on 'The Sovereign Individual'

When I was in college, I sat in on a talk given by Davidson in 1991. He's an interesting guy. Sort of a "things are about to get a lot worse" kind of person, but people eat that stuff up. He has apparently had the same writing partner for years and I hadn't thought about him for a long time because ...
by MediumTex
Wed Aug 24, 2016 6:34 pm
Forum: Other Discussions
Topic: Strongtowns.org Antifragile series
Replies: 85
Views: 16946

Re: Strongtowns.org Antifragile series

I doubt if anyone cares, but this is the street I grew up on and that is the elementary school I went to at the end of the street in the distance. Driveway in the foreground on the right led to my crib. http://maps.googleapis.com/maps/api/streetview?size=640x640&pano=ayFlG4toC4NE4ZmQBfEgrQ&heading=2...
by MediumTex
Tue Aug 23, 2016 7:32 pm
Forum: Permanent Portfolio Discussion
Topic: IBT financial journalist has clearly never heard of the HBPP...
Replies: 2
Views: 1863

Re: IBT financial journalist has clearly never heard of the HBPP...

With regard to the Russian revolution...literally, the only part of it that survived was gold stored outside the country. Everything else, zero or confiscated. And you had to be smart enough to know when to leave, rich enough to have enough gold outside the country to survive on and connected enoug...
by MediumTex
Tue Aug 23, 2016 2:36 pm
Forum: Other Discussions
Topic: The Olympics
Replies: 61
Views: 14242

Re: The Olympics

Why are Hillary and Obama allowed to continuously lie ad nauseum with no consequences while Lochte's life is basically ruined by simply exagerrating an obvious robbery at gunpoint that was actually perpetrated upon him? Powerful people display their power through things like telling gratuitous lies...