tag:blogger.com,1999:blog-5880610.post8589435706785805157..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Is the Left right?Steve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-5880610.post-50596017885527915142011-10-19T19:39:21.693-04:002011-10-19T19:39:21.693-04:00Diminishing marginal returns. In Britain, some mar...Diminishing marginal returns. In Britain, some marginal tax rates were as high as 98%. Not surprisingly, cutting 98% tax rates did a lot of good. Not surprisingly, however, the next round of cuts does less good, and the round after that does even less good. Ideologically, however, we have the opposite effect: if cutting taxes once does a lot of good, that increases the confidence and prestige of Steve Sailernoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-73217312397442174792011-10-19T12:21:43.963-04:002011-10-19T12:21:43.963-04:00During the Cultural Revolution, students were &quo...During the Cultural Revolution, students were "combatted against" for getting high grades. They were accused of anti-socialist tendencies for wanting to lift themselves over "the people". Is the left right?jaim kleinhttp://profiles.google.com/jaim001noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-86617929946457921042011-10-18T23:26:03.246-04:002011-10-18T23:26:03.246-04:00Good topic. Cause when you drill to the core all a...Good topic. Cause when you drill to the core all about perception-of life and human interaction. Who's getting what and why. Humans have two intertwining references and visions in their minds. Communal good--and what’s mine alone.<br /><br /><br /><br />That is the essence of human struggle and that of course is not an original thought. “We” have just surpassed 7 billion carbon units (mostly KenChttp://pulse.yahoo.com/_QBER2EGJKUU3AY6MZX7UFSQITInoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-17593761786836007912011-10-18T17:38:26.836-04:002011-10-18T17:38:26.836-04:00It is easy to focus on the bankers and call them t...It is easy to focus on the bankers and call them the bad guys. Certainly they should bear their share of responsibility for the last financial crisis. What we tend not to hear are the culpibility of the so call 99%. To me, if a guy lie about his income to get a loan and then defaulted on the loan, he is every bit as guilty in causing the crisis. And most of these in the United States are in the reservoir_dogsnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-50500183035875526452011-10-18T15:54:51.007-04:002011-10-18T15:54:51.007-04:00In the past month, I have changed from conservativ...In the past month, I have changed from conservative to hyper liberal. I know longer feel that the right's overwhelming faith in free markets, tax cuts, and deregulation will help us. I would rather tax the rich and have universal health care and a huge social safety net like other civilized countries.David Cohlton Harold Eatonhttp://www.facebook.com/people/David-Cohlton-Harold-Eaton/714602107noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-30490936254209581192011-10-18T14:59:59.273-04:002011-10-18T14:59:59.273-04:00Exactly. Medical costs are high cause of FDA , AM...Exactly. Medical costs are high cause of FDA , AMA monopoly on , large bureaucracies, frivolous lawsuits -all the elements of highly regulated market. Yes there is no "truly" free markets, and some anti-monopoly laws are needed. But what is actually implemented is government sponsored monopoliesMax Bhttp://profiles.google.com/garfield.maxnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-32673026440164242322011-10-18T14:23:50.490-04:002011-10-18T14:23:50.490-04:00Or maybe this is simply more high-V, low-M superfi...Or maybe this is simply more high-V, low-M superficial analysis by people who don't want to dig down and understand the details of how the financial industry works. "Vampire squid" is a sexy hook but provides zero understanding. Wall Street makes a lot of money - yes. The question is, where does the money come from? If their services are overpriced - who's buying? tc_2noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-67204698534241842912011-10-18T13:00:51.913-04:002011-10-18T13:00:51.913-04:00So if not A, then B, however not-B, therefore A. I...So if not A, then B, however not-B, therefore A. I don't think you've made a convincing case for the first disjunction — that there is either bad faith or foolishness on the part of the leaders of the left — and I don't think there's any evidence for the idea that anyone who's capable of articulating and organizing an ideology is thereby incapable of acting foolishly.nzanoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-29751710791940337832011-10-18T10:09:40.625-04:002011-10-18T10:09:40.625-04:00This is not really. It looks that in USA the cunni...This is not really. It looks that in USA the cunning have forgotten that the stupid need to be watched over and pampered to remain harmless.Dellashttp://www.kstn.biz/noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-64905866247398195402011-10-18T01:56:33.221-04:002011-10-18T01:56:33.221-04:00If not bad faith, then foolishness. However, how ...If not bad faith, then foolishness. However, how could such fools articulate and organize their ideologies? We must look to the intellectual leaders of the movements for bad faith.fascistreactionarynoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-12784681845051292412011-10-18T00:39:38.862-04:002011-10-18T00:39:38.862-04:00What is the left? Answer me that. Do I support O...What is the left? Answer me that. Do I support OWS rage against the machine? Sure. That doesn't mean I support all or even most leftist positions. If these people would confine themselves to supporting anti-bailout legislation and locking up financial wrongdoers, I think we could come to an agreement.<br /><br />That's the problem ultimately. Prosecuting Wall Street is popular becauseDavidhttp://pulse.yahoo.com/_YDZBHXLLMKKWHQUFAJFBARCWTYnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1507825031165703632011-10-18T00:17:55.200-04:002011-10-18T00:17:55.200-04:00Assuming bad faith on the part of one's politi...Assuming bad faith on the part of one's political opponents is a pretty bush-league rhetorical move. Have you paused to consider the notion that perhaps the "leftist elites" simply disagree with you about how to solve the country's problems? That there could be, say, moral, legal and constitutional issues with racial profiling and deportation of Muslims? That it's highly nzanoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-18550215683366754402011-10-17T22:47:27.403-04:002011-10-17T22:47:27.403-04:00"We are bust – both actually and morally. ......"We are bust – both actually and morally. ..." - anyone really support this conclusion? <br />Try this from just 1:30 to 3:00 ... http://www.youtube.com/watch?v=yt1fYSAChxsLondonYoungnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-230415916928198702011-10-17T20:35:40.511-04:002011-10-17T20:35:40.511-04:00For example, check out Paul Krugman
http://krugma...For example, check out Paul Krugman<br /><br />http://krugman.blogs.nytimes.com/2011/10/09/financial-romanticism/<br />"One line I’ve been seeing in various places, including comments here, is the claim that the real way to deal with Wall Street is laissez-faire economics: no more bailouts! On this view, policy makers should raise their right hand in the air, place their left hand on a copy galtonnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-32679899850914421772011-10-17T20:27:32.962-04:002011-10-17T20:27:32.962-04:00The left is not right. They can diagnose something...The left is not right. They can diagnose something well (bankers are being bailed out, healthcare costs too much, rent is too damn high) but they propose solutions that are 180 degrees wrong. <br /><br />Rather than proposing that banks be allowed to fail, they propose nationalization of banks (= further tax dollars wasted)<br />Rather than proposing that the FDA/Medicare/Medicaid be abolished galtonnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-58066015916821703802011-10-17T19:52:14.860-04:002011-10-17T19:52:14.860-04:00I generally agree with the author's sentiments...I generally agree with the author's sentiments, however, I wish he'd enumerated some specific ways in which the "game" is rigged in favor of corporations, big business and the ultra wealthy, beyond the generalized anti-bailout stuff. I read about one of this type of editorial per week, and it's easy to dismiss them simply because the accusations are usually quite vague and Guy_Brodudenoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-70423875836136730652011-10-17T18:33:39.968-04:002011-10-17T18:33:39.968-04:00This is not really about rich vs. poor or left vs....This is not really about rich vs. poor or left vs. right. This is about cunning/smart vs. naive/stupid. The stupid typically don't understand their own shortcomings, so they compensate by an overblown sense of injustice. We should never forget that the stupid are much more dangerous than the cunning because (1) they (think they) are the 99% and (2) they are capable of damaging everyone, silkophttp://cleeray.myopenid.com/noreply@blogger.com