Hold onto yer gold

Discussion of the Gold portion of the Permanent Portfolio

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dualstow
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Re: Hold onto yer gold

Post by dualstow »

Xan wrote: Mon Jun 01, 2020 4:46 pm
dualstow wrote: Mon Jun 01, 2020 4:27 pm One each that I know of,of the first two I that you quoted. Add all of these up — things like these — and you’ll find a lot of weird shit is happening to one group that doesn’t really happen to the other, even when it’s perpetrated by cops who are themselves black.
That last bit is an interesting one, isn't it? I think it, combined with the actual numbers, tells us that we are not dealing with police forces that have been captured by white supremacists for the purpose of suppressing the black man. That's the way the rioters are acting, and it's because they believe it to be the case. That part is the fault of the media.

Certainly, the white supremacist element in the police narrative is overblown. In the military, too. (Btw, i once asked kriegs if he had encountered any solicitation of that and I believe he said none).

However, you’re overlooking another possibility: that black cops often treat black suspects like shit, and far worse than they treat white suspects. It happens all the time.
ADDED LATER: like Freddie Gray https://en.wikipedia.org/wiki/Death_of_Freddie_Gray
What we seem to have instead (at least at a systemic level) are officers acting rationally based on the information at hand.
Often the case.
Last edited by dualstow on Mon Jun 01, 2020 5:36 pm, edited 1 time in total.
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Re: Hold onto yer gold

Post by Libertarian666 »

Xan wrote: Mon Jun 01, 2020 4:46 pm
dualstow wrote: Mon Jun 01, 2020 4:27 pm One each that I know of,of the first two I that you quoted. Add all of these up — things like these — and you’ll find a lot of weird shit is happening to one group that doesn’t really happen to the other, even when it’s perpetrated by cops who are themselves black.
That last bit is an interesting one, isn't it? I think it, combined with the actual numbers, tells us that we are not dealing with police forces that have been captured by white supremacists for the purpose of suppressing the black man. That's the way the rioters are acting, and it's because they believe it to be the case. That part is the fault of the media.

What we seem to have instead (at least at a systemic level) are officers acting rationally based on the information at hand. For better or worse (largely worse) the race of a person is a very obvious thing, and is sometimes all they know going into a situation.

Certainly part of the solution is to purge the police of the bad apples. I don't think anybody disagrees there.

But other than for blacks to stop committing violent crimes at such a hugely disproportionate rate, I'm not sure what the answer is.
I have a few suggestions.

1. End the "War on Poverty". Poverty won, and in the process the black family was destroyed.
2. End the "War on Drugs". Drugs won, and that war destroyed what was left of black society in the big cities.
3. End Democrat rule of the big cities. They are and have been in charge of virtually all the crime-ridden big cities in the US.
4. Hold the media accountable for their lies and distortions. There is no Constitutional basis for exempting libel and slander of "public figures". They should have the same rights as anyone else to sue for defamation.

These measures wouldn't fix the problem immediately, but they would start us on the right path.
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dualstow
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Re: Hold onto yer gold

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Sounds good to me.
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Re: Hold onto yer gold

Post by sophie »

dualstow wrote: Mon Jun 01, 2020 3:59 pm
What are the odds that you’re going to be shot in your own apartment by a cop who thinks you’re in her apartment?

You can’t tell me that the odds are the same for all people, regardless of race.

Well, if the above happened once, the natural question is whether something like that might have happened to a white person and just not been reported.

In fact here's a case for you: my former postdoc who is as white as they come (a Mormon, in fact) chose an apartment in an ethnic, crime-ridden neighborhood. The rest of us pleaded with him to move, but he liked the low rent. One day at 6am, his door was broken down with no warning, cops swarmed into his apartment, and he was handcuffed and taken to the local precinct. It was of course a case of mistaken identity, due to getting the apartment number wrong, and they were looking for someone with an obviously Hispanic name. The misidentity must have been immediately obvious to the police but that didn't matter. Luckily, he was released before anything official happened.

He moved immediately afterwards.

I agree with the posters who have pointed out the obvious solution. It's kind of hilarious how news articles on the topic treat black crime as an unchangeable fact of nature, as if there is a gene for criminal behavior that is uniquely present in the African race. To me, that's far more racist than arresting black men in proportion to the crimes they commit. Fixing the problem would require a major re-education effort focused on getting black parents and churches to teach kids that crime is wrong, imposing strict discipline in schools, and stopping all forms of welfare except medical disability - in order to make it clear that work is not optional, and the world doesn't owe you a living.

Absent this, the fact that a third of black men are incarcerated at some point in their lifetime, compared to a tenth of men in the general population, is not going to change. Unless of course you favor stopping enforcement of laws against violent crime, as some news articles I've been reading have (if you read between the lines) proposed.
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Re: Hold onto yer gold

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Your story reminded me of the tragic story which was either the wrong address or the "right" address of a victim. White homeowner. Either his house was chosen as a place to leave drugs for someone else to pick up, or the police thought that was the case. Either way, homeowner had no idea. Police showed up and immediately neutralized several of his large dogs. So sad.

I think he was an assemblyman or some similar low-level government official.
sophie wrote: Tue Jun 02, 2020 9:19 am ...

I agree with the posters who have pointed out the obvious solution. It's kind of hilarious how news articles on the topic treat black crime as an unchangeable fact of nature, as if there is a gene for criminal behavior that is uniquely present in the African race. To me, that's far more racist than arresting black men in proportion to the crimes they commit. Fixing the problem would require a major re-education effort focused on getting black parents and churches to teach kids that crime is wrong, imposing strict discipline in schools, and stopping all forms of welfare except medical disability - in order to make it clear that work is not optional, and the world doesn't owe you a living.
...
I would call it a not easily changed fact. It's going to take many more generations, of course. I agree with what you wrote above. Looking at the neighborhoods that aren't far from mine, I can't blame people, including the residents there, for believing that things aren't ever going to change.

Sowell's dismissal of the legacy of slavery notwithstanding, isn't it basic common sense and not a merely glib assessment that things are going to be different with people who were brought here on slave ships, and their descendants, vs say Koreans who voluntarily moved into the toughest neighborhoods to start businesses? The descendants of slaves vs people who immigrated from Nigeria or Cameroon. That takes decades, apparently, maybe centuries, to unwind.
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Re: Hold onto yer gold

Post by Xan »

dualstow wrote: Tue Jun 02, 2020 9:45 amSowell's dismissal of the legacy of slavery notwithstanding, isn't it basic common sense and not a merely glib assessment that things are going to be different with people who were brought here on slave ships, and their descendants, vs say Koreans who voluntarily moved into the toughest neighborhoods to start businesses? The descendants of slaves vs people who immigrated from Nigeria or Cameroon. That takes decades, apparently, maybe centuries, to unwind.
Sowell's point is that it was successfully unwinding and to a large extent had been unwound, when a different set of problems reared their head and made things worse again.
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dualstow
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Re: Hold onto yer gold

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You mean "the toxic message of victimhood"?
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Re: Hold onto yer gold

Post by Xan »

dualstow wrote: Tue Jun 02, 2020 9:53 am You mean "the toxic message of victimhood"?
That's one, along with the dissolution of the family unit which was made (financially) rational by disastrous welfare policy.
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Re: Hold onto yer gold

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Xan wrote: Tue Jun 02, 2020 9:54 am
dualstow wrote: Tue Jun 02, 2020 9:53 am You mean "the toxic message of victimhood"?
That's one, along with the dissolution of the family unit which was made (financially) rational by disastrous welfare policy.
Don't forget the "War on Drugs".
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Re: Hold onto yer gold

Post by Libertarian666 »

MangoMan wrote: Tue Jun 02, 2020 12:53 pm
sophie wrote: Tue Jun 02, 2020 9:19 am
I agree with the posters who have pointed out the obvious solution. It's kind of hilarious how news articles on the topic treat black crime as an unchangeable fact of nature, as if there is a gene for criminal behavior that is uniquely present in the African race. To me, that's far more racist than arresting black men in proportion to the crimes they commit. Fixing the problem would require a major re-education effort focused on getting black parents and churches to teach kids that crime is wrong, imposing strict discipline in schools, and stopping all forms of welfare except medical disability - in order to make it clear that work is not optional, and the world doesn't owe you a living.

Absent this, the fact that a third of black men are incarcerated at some point in their lifetime, compared to a tenth of men in the general population, is not going to change. Unless of course you favor stopping enforcement of laws against violent crime, as some news articles I've been reading have (if you read between the lines) proposed.
Xan wrote: Tue Jun 02, 2020 9:54 am ...the dissolution of the family unit which was made (financially) rational by disastrous welfare policy.
Larry Elder: Black America Needs Fathers
It's not just Black America that needs fathers and is being deprived of them by insane public policy.
But they have fewer other pillars of support for the family, so the results are even worse for them.
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Re: Hold onto yer gold

Post by Kriegsspiel »

I think it would be wildly cool if a new-generation-MLK got inner cities to boycott committing crimes in place of riding buses. That would stick it to the man SO HARD. Police presence would evaporate.
You there, Ephialtes. May you live forever.
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Re: Hold onto yer gold

Post by dualstow »

Cross-post. I should have put it here, but in a forum about the permanent portfolio, a thread called “Hold onto yer gold” does not bring reparations to mind. ::) It brings gold to mind.
viewtopic.php?f=9&t=10771&p=198141#p198141
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Re: Hold onto yer gold

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Kriegsspiel wrote: Wed Jun 03, 2020 2:54 pm I think it would be wildly cool if a new-generation-MLK got inner cities to boycott committing crimes in place of riding buses. That would stick it to the man SO HARD. Police presence would evaporate.
Good luck with that. I think they've already tried something of that kind with the "Murder-free weekends" in various cities.
For some unknown reason, they didn't work very well.
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Re: Hold onto yer gold

Post by whatchamacallit »

What would stop everyone from "identifying" as whoever is being paid the reparations?

Just like Elizabeth Warren is a Native American.
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Re: Hold onto yer gold

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whatchamacallit wrote: Fri Jun 05, 2020 10:49 pm What would stop everyone from "identifying" as whoever is being paid the reparations?

Just like Elizabeth Warren is a Native American.
Exactly.
I'll self-identify as a disabled black Latino lesbian. That should be worth millions!
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Re: Hold onto yer gold

Post by whatchamacallit »

MangoMan wrote: Sat Jun 06, 2020 7:05 am
whatchamacallit wrote: Fri Jun 05, 2020 10:49 pm What would stop everyone from "identifying" as whoever is being paid the reparations?

Just like Elizabeth Warren is a Native American.
Evanston, IL, home to Northwestern University, a suburb just north of Chicago with a large black population is going to use tax revenue to selectively give reparations.
https://www.cityofevanston.org/governme ... eparations
Looks like you would have to submit to a DNA test. I guess that is one way for the government to get people's DNA. Pay you money for it.
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Re: Hold onto yer gold

Post by Kriegsspiel »

That's pretty sly.
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Re: Hold onto yer gold

Post by Ad Orientem »

A memorial to Congress has been left for signatures at the Cotton Exchange against the issuing of irredeemable paper money as legal tender, and stating that this is making a forced loan upon the people of the United States, and only excusable by the necessity of a great war; that their issue in a time of peace would be against all constitutional powers. It protests against a rich country like the United States resorting to such a ruinous experiment when there is no necessity to exercise it. The memorial has received a large number of signatures.
From page 7; column 5...
https://chroniclingamerica.loc.gov/lccn ... 3-03/ed-1/
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Re: Hold onto yer gold

Post by Libertarian666 »

MangoMan wrote: Sat Jun 06, 2020 7:05 am
whatchamacallit wrote: Fri Jun 05, 2020 10:49 pm What would stop everyone from "identifying" as whoever is being paid the reparations?

Just like Elizabeth Warren is a Native American.
Evanston, IL, home to Northwestern University, a suburb just north of Chicago with a large black population is going to use tax revenue to selectively give reparations.
https://www.cityofevanston.org/governme ... eparations
I have no problem with reparations, providing the correct offset is made.
The offset, of course is the difference between the present value of the expected lifetime income of the person in the US, including all welfare programs, and the present value of the expected lifetime income of a person in the country of origin.
Just subtract that amount from the reparation gross amount, and you're all set.
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Re: Hold onto yer gold

Post by doodle »

Ok, switched from holding on to selling now...30% in silver and 15% in gold over last 60 days...pullback time?? We shall see how my crystal ball works. I went against my natural inclinations at least...which hopefully will work out.
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