Curt Doolittle

Author: Curt Doolittle

  • DEAR UKRAINIAN FRIENDS – CHARGE RUSSIA FOR CRIMEA IN GAS Russia stole territory.

    DEAR UKRAINIAN FRIENDS – CHARGE RUSSIA FOR CRIMEA IN GAS

    Russia stole territory. Lets just estimate the value of Crimea and the oil and gas fields. Say, at $4T Euros. So we will just take $4T euros as gas as payment for the seized territory at 22% interest, which is the going rate for high risk capital. This means Ukraine will not have to pay for gas for many years.

    If they don’t like it then we must collect our debt from Russia forcibly.

    I think that’s a pretty good deal. Don’t you?

    🙂

    Source date (UTC): 2014-05-17 15:46:00 UTC

  • IN A CORRUPT SOCIETY, FEDERALIZATION = FEUDALIZATION —“We need to be honest wi

    IN A CORRUPT SOCIETY, FEDERALIZATION = FEUDALIZATION

    —“We need to be honest with each other: if someone wants to dismember the county and carry out not a federalization, dear ladies and gentlemen, but feudalization – there has been one Yanukovych and now they want 27 “Yanukovychs” in smaller regions. … That is my personal stance as a citizen: I will oppose to the last and Ukraine will never be dismembered,”—

    Yatsenyuk

    Source date (UTC): 2014-05-17 13:46:00 UTC

  • Rothbardianism: A Religion For Betas

    [C]onvenient. Isn’t it? You can feel good that you’re a beta, but you don’t have to do anything about it except whine. Feed the internal social status junkie? Just like progressives feed it by conspicuous consumption of other people’s wealth? (Nuff said?) If you’re not a beta. And you’re not a coward. And you’re not a free-rider, and you desire liberty in practice rather liberty in fantasy, come over to Aristocratic Egalitarianism. Liberty for alphas. No pussy-tarians allowed. Liberty is obtained against the will of free riders at the end of pointy objects. Property rights are obtained in exchange for insuring the property rights of others who do the same. www.propertarianism.com ht: Chris Lavan

  • Rothbardianism: A Religion For Betas

    [C]onvenient. Isn’t it? You can feel good that you’re a beta, but you don’t have to do anything about it except whine. Feed the internal social status junkie? Just like progressives feed it by conspicuous consumption of other people’s wealth? (Nuff said?) If you’re not a beta. And you’re not a coward. And you’re not a free-rider, and you desire liberty in practice rather liberty in fantasy, come over to Aristocratic Egalitarianism. Liberty for alphas. No pussy-tarians allowed. Liberty is obtained against the will of free riders at the end of pointy objects. Property rights are obtained in exchange for insuring the property rights of others who do the same. www.propertarianism.com ht: Chris Lavan

  • DEAR UKRAINIAN FRIENDS Take the war to Russia. Russia is a fragile economy. We’v

    DEAR UKRAINIAN FRIENDS

    Take the war to Russia. Russia is a fragile economy. We’ve blown a few gas lines already. It works. These lines are fragile. They cover vast distances. Those vast distances are very expensive to defend. They are nearly impossible to logistically defend.

    Russia cannot leverage european dependence on gas if it cannot sell gas. Europe cannot remain neutral, because it is dependent upon gas, if it cannot purchase gas.

    The army has artillery shells in storage. Every shell, easily converted into a bomb, deprives the Russian economy of tens of millions of dollars. A few shells in sequence deprive the Russian economy of tens of billions.

    You know, 50% of Russians are dependent upon that revenue. The entire corrupt pyramid depends upon that gas and oil.

    Two men, a shovel, a flashlight and a motorcycle, and a camping trip.

    Take the war to Russia.

    If you kill the body the head will die.

    Source date (UTC): 2014-05-17 10:06:00 UTC

  • “I’M FOR PUNISHMENT” —“Summers told Taleb that he was for more capital, more l

    “I’M FOR PUNISHMENT”

    —“Summers told Taleb that he was for more capital, more liquidity, living wills for banks and procedures to wind them down. “What are you for?” he challenged. “I’m for punishment,” Taleb replied. Taleb outlined a system in which everyone would know which systemically important banks would be bailed out, but would presumably see strict oversight of bonuses and operations afterward. Other institutions would be left to fail, he said.”—

    I’m for punishment too. Without punishment it’s not cooperation, it’s not a market, and it’s not capitalism.

    I have a better punishment in mind and it’s a permanent one: if the government is going to produce liquidity (inflation) then give every citizen a debit card and distribute the money directly to consumers bypassing the banks.

    That will rapidly correct the abuses of our financial sector. Because they will have to satisfy consumers to get their hands on cash.

    Not that I’m in favor of government’s printing money. But if you’re going to print it, at least do it intelligently -without creating fragility, and without creating a moral hazard.

    Source date (UTC): 2014-05-17 09:52:00 UTC

  • Strategy? Revolution Only Takes Individuals Now

    STRATEGY? [N]ow, we have spent the past century or more criticizing the keynesians, leftists, and progressives for creating systemic fragility. Not only in our culture, our laws, our institutions, our economy – but in our complex infrastructure and systems. It used to take armies to implement political change. Then it took mobs. Recently is takes insurgents. And at present it takes only individuals. Welcome to fragility. They made it possible to get our freedom back.

  • Strategy? Revolution Only Takes Individuals Now

    STRATEGY? [N]ow, we have spent the past century or more criticizing the keynesians, leftists, and progressives for creating systemic fragility. Not only in our culture, our laws, our institutions, our economy – but in our complex infrastructure and systems. It used to take armies to implement political change. Then it took mobs. Recently is takes insurgents. And at present it takes only individuals. Welcome to fragility. They made it possible to get our freedom back.

  • STRATEGY? Now, we have spent the past century or more criticizing the keynesians

    STRATEGY?

    Now, we have spent the past century or more criticizing the keynesians, leftists, and progressives for creating systemic fragility. Not only in our culture, our laws, our institutions, our economy – but in our complex infrastructure and systems.

    It used to take armies to implement political change. Then it took mobs. Recently is takes insurgents. And at present it takes only individuals.

    Welcome to fragility.

    They made it possible to get our freedom back.

    Source date (UTC): 2014-05-17 08:02:00 UTC

  • ARISTOCRATIC EGALITARIAN LIBERTARIANISM A kinship of property rights. The initia

    ARISTOCRATIC EGALITARIAN LIBERTARIANISM

    A kinship of property rights.

    The initiatic brotherhood of warriors.

    The cult of egalitarian sovereignty

    The origins of western exceptionalism.

    The only possible means of possessing liberty.

    I didn’t invent it. I just wrote it down. For the first time in 4000 years.

    Source date (UTC): 2014-05-17 07:30:00 UTC