CHICAGO DYING
A recent report from the real estate website Zillow shows Chicago leading the country with 254,000 homes in negative equity.
Twenty percent of the quarter million people with underwater mortgages owe double the current value of the home.
Los Angeles, the only other U.S. metro area bigger than Chicago, had 74,000 underwater homes, while San Francisco had 20,000.
Source date (UTC): 2018-06-07 18:23:00 UTC
Cities = Markets = Decreased Opportunity Cost. It’s the ability to communicate that decreases opportunity cost. Opportunity cost = increasing choices. The question is whether increasing choices produces increasing outcomes. For business it does. For genes it does not. This is the fundamental problem. Cities Destroy Genes in exchange for lower opportunity costs of consumption. So we have a choice: (a) continue to bring people to capital at the cost of genes (genetic capital), or (b) bring capital to people to preserve genetic capital. In other words, redistribute the opportunity costs.
Cities = Markets = Decreased Opportunity Cost. It’s the ability to communicate that decreases opportunity cost. Opportunity cost = increasing choices. The question is whether increasing choices produces increasing outcomes. For business it does. For genes it does not. This is the fundamental problem. Cities Destroy Genes in exchange for lower opportunity costs of consumption. So we have a choice: (a) continue to bring people to capital at the cost of genes (genetic capital), or (b) bring capital to people to preserve genetic capital. In other words, redistribute the opportunity costs.
(probably an important set of ideas you need to grasp) The fact that we tax tradesmen and members of bureaucracies at the same rate is counter-progressive (regressive). If you’re going to tax progressively (effectively a sales tax on market participation), employment in or as Laborers, Tradesmen, Professionals, Small Medium Businesses, Industries, Government should be taxed progressively. However the single most detrimental policies have been: (a) inter temporal redistribution and risk propagation (which is incalculable) rather than the Singapore/Texas model of forced savings and redistribution into personal health and retirement accounts (which is calculable – and reinvest-able). (b) The redistribution of middle class reproduction to the underclasses due to (i) inability to self segregate, thereby forcing families to ‘buy their way’ into expensive neighborhoods and schools at the cost of increased female labor, and decreased rates of reproduction. (b) the taxation and burning of reproduction by the middle class to redistribute reproduction to the lower classes (that should either be sterilized or limited to one child.) Because ‘white people’ can live extremely well in high trust high quality well maintained commons by purely voluntary labor, it is possible for ‘whites’ to spend very little on redistribution and commons production, and also work less if they can isolate themselves from less advanced (domesticated) groups. There is zero reason, other than interest rates on home and auto, and the need to buy overpriced housing in overpriced neighborhoods, for more than 10% overhead of GDP. White westerners with small arms, required service, some artillery and nuclear weapons can build extremely low cost per capita high quality commons simply because IT IS IN OUR NATURE. Heterogeneity (diversity) has destroyed western civilization. We let pandora out of her box when we allowed women to vote without first limiting the damage that they could do once loosed in the polity by compensating for their dysgenic impulses. Civilization occured because of paternalism: the use of competition and capital to limit the reproductive damage done by women’s intuitions.
(probably an important set of ideas you need to grasp) The fact that we tax tradesmen and members of bureaucracies at the same rate is counter-progressive (regressive). If you’re going to tax progressively (effectively a sales tax on market participation), employment in or as Laborers, Tradesmen, Professionals, Small Medium Businesses, Industries, Government should be taxed progressively. However the single most detrimental policies have been: (a) inter temporal redistribution and risk propagation (which is incalculable) rather than the Singapore/Texas model of forced savings and redistribution into personal health and retirement accounts (which is calculable – and reinvest-able). (b) The redistribution of middle class reproduction to the underclasses due to (i) inability to self segregate, thereby forcing families to ‘buy their way’ into expensive neighborhoods and schools at the cost of increased female labor, and decreased rates of reproduction. (b) the taxation and burning of reproduction by the middle class to redistribute reproduction to the lower classes (that should either be sterilized or limited to one child.) Because ‘white people’ can live extremely well in high trust high quality well maintained commons by purely voluntary labor, it is possible for ‘whites’ to spend very little on redistribution and commons production, and also work less if they can isolate themselves from less advanced (domesticated) groups. There is zero reason, other than interest rates on home and auto, and the need to buy overpriced housing in overpriced neighborhoods, for more than 10% overhead of GDP. White westerners with small arms, required service, some artillery and nuclear weapons can build extremely low cost per capita high quality commons simply because IT IS IN OUR NATURE. Heterogeneity (diversity) has destroyed western civilization. We let pandora out of her box when we allowed women to vote without first limiting the damage that they could do once loosed in the polity by compensating for their dysgenic impulses. Civilization occured because of paternalism: the use of competition and capital to limit the reproductive damage done by women’s intuitions.
—“Hong Kong is an example of exogenous derived AND implemented institutions applied to a high-IQ population. This is the recipe for Hong Kong’s success.”—Aaron Kahland
Source date (UTC): 2018-06-06 11:44:16 UTC
Original post: https://twitter.com/i/web/status/1004328112094679040
https://usa.spectator.co.uk/2018/06/if-this-is-a-trade-war-the-united-states-will-win/https://usa.spectator.co.uk/2018/06/if-this-is-a-trade-war-the-united-states-will-win/EXACTLY.
Source date (UTC): 2018-06-06 11:32:00 UTC
Source date (UTC): 2018-06-06 11:32:00 UTC
CHINA’S LONG TERM GOAL IS TO RESTORE THEIR OLD GOAL (RENTS)
—“China’s long-term goal in this will be very familiar to anyone who has studied the history of trade, war, and imperialism. Beijing would like to build up its own industrial power and hollow out that of the United States, its chief long-run strategic rival. Under imperialism, the metropole liked to foster and protect industry at home and keep colonies dependent by depriving them of manufacturing and getting them to import finished goods rather than creating them (let alone exporting them). Leverage belongs to the manufacturers. China has no need to start a war with the United States. One superpower can replace another by a gradual process of economic eclipse and induced de-industrialization. Let Americans think that their “service economy” will sustain itself. It won’t: a nation without a strong manufacturing base is as vulnerable as a nation that cannot feed itself or supply its own vital natural resources. “—
Source date (UTC): 2018-06-06 11:30:00 UTC
TAXES AND REPRODUCTION
(probably an important set of ideas you need to grasp)
The fact that we tax tradesmen and members of bureaucracies at the same rate is counter-progressive (regressive).
If you’re going to tax progressively (effectively a sales tax on market participation), employment in or as Laborers, Tradesmen, Professionals, Small Medium Businesses, Industries, Government should be taxed progressively.
However the single most detrimental policies have been:
(a) inter temporal redistribution and risk propagation (which is incalculable) rather than the Singapore/Texas model of forced savings and redistribution into personal health and retirement accounts (which is calculable – and reinvest-able).
(b) The redistribution of middle class reproduction to the underclasses due to (i) inability to self segregate, thereby forcing families to ‘buy their way’ into expensive neighborhoods and schools at the cost of increased female labor, and decreased rates of reproduction. (b) the taxation and burning of reproduction by the middle class to redistribute reproduction to the lower classes (that should either be sterilized or limited to one child.)
Because ‘white people’ can live extremely well in high trust high quality well maintained commons by purely voluntary labor, it is possible for ‘whites’ to spend very little on redistribution and commons production, and also work less if they can isolate themselves from less advanced (domesticated) groups. There is zero reason, other than interest rates on home and auto, and the need to buy overpriced housing in overpriced neighborhoods, for more than 10% overhead of GDP. White westerners with small arms, required service, some artillery and nuclear weapons can build extremely low cost per capita high quality commons simply because IT IS IN OUR NATURE. Heterogeneity (diversity) has destroyed western civilization. We let pandora out of her box when we allowed women to vote without first limiting the damage that they could do once loosed in the polity by compensating for their dysgenic impulses. Civilization occured because of paternalism: the use of competition and capital to limit the reproductive damage done by women’s intuitions.
Source date (UTC): 2018-06-06 10:17:00 UTC