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Topic: Economic Totalitarianism - page 21. (Read 345738 times)

legendary
Activity: 1218
Merit: 1007
April 30, 2016, 08:28:39 PM
This is yet another reason why we need a successful decentralized social network:

Illegal immigrant is arrested over murder of American nanny in Austria after she took him in to stop him being deported - and is revealed to have raped underage girl



(nb: facebook owns the © on her picture. You know who owns your digital stuff after you get killed.)
That's what happens when you give someone the ability to make their own business where you get people to post about themselves; they get access to the pictures, can say they own anything, and use it for their advantage.

It's all a game of money.
sr. member
Activity: 420
Merit: 262
April 30, 2016, 08:22:33 PM
If the interest rates rise globally, there will be hyperinflation

Utter nonsense.

It will be massive deflation due to sovereign debt defaults. The governments are not going to drop money from helicopters. Please understand what is really going on.
sr. member
Activity: 420
Merit: 262
April 30, 2016, 08:20:47 PM
This is yet another reason why we need a successful decentralized social network:

Illegal immigrant is arrested over murder of American nanny in Austria after she took him in to stop him being deported - and is revealed to have raped underage girl



(nb: facebook owns the © on her picture. You know who owns your digital stuff after you get killed.)
legendary
Activity: 1218
Merit: 1007
April 30, 2016, 08:09:12 PM
at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.

Increased interest rate on fiat =/= bitcoin goes down

Bitcoin is not a crypto commodity in a bubble, it's a safe haven + long term wealth storage when all of it goes down.


If the interest rates rise globally, there will be hyperinflation, and the inflation will always be higher than the interest rate, so any investor dumb enough to hold cash will either get bailed in, or get hyperinflated.

Bitcoin is not in a bubble, the fiat financial markets are.
That's... actually a really good perspective on this.

I've never thought that the fiat markets were stable, but I never realised that Bitcoin is basically a rapidly-updating form of gold, and it is a far better form of financial security than holding money ever would be.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
April 30, 2016, 07:42:31 PM
at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.

Increased interest rate on fiat =/= bitcoin goes down

Bitcoin is not a crypto commodity in a bubble, it's a safe haven + long term wealth storage when all of it goes down.


If the interest rates rise globally, there will be hyperinflation, and the inflation will always be higher than the interest rate, so any investor dumb enough to hold cash will either get bailed in, or get hyperinflated.

Bitcoin is not in a bubble, the fiat financial markets are.
sr. member
Activity: 420
Merit: 262
April 30, 2016, 06:07:04 PM
Interest rates may or may not matter to Venture Capitalists , but it does matter to individuals that can think and want a profit while keeping their principle intact.  Smiley

Only an idiot would believe a checking/savings account is a safe place to keep money right now.

Those so-called idiots outnumber your VCs and they are risk averse.
They will trust their cash in a mattress before BTC.
And they will determine if BTC ever reaches true Utility.  Smiley
BTC has still got years of Public Relations efforts to go thru before the majority of the public trusts them.


 Cool

And the governments can clamp down on BTC at any time using capital controls on the exchanges, because if the most of the world doesn't accept BTC unless they can immediately convert it to fiat as has been explained upthread by smooth (e.g. Bitpay, etc), then BTC becomes an illiquid asset once the government issues capital controls. BTC is not immune to government action (especially G20 coordinated action) because BTC is not a widespread unit-of-account.

However, BTC has apparently become the unit-of-account of crypto-gambling, but it is not yet certain if the demand for that will remain if people no longer believe they can cash out to fiat unfettered when they want to, and the risk of CC failure due to centralization is a big factor that would cause speculators to be hesitant about thinking they could HODL/gamble in BTC long-term until capital controls cease.

This is my goal is to fix the centralization problem with my CC design and also I am going to make CC a very popular unit-of-account for social network payments. But first I am creating a new programming language, then I have to create the social network, and then finally the CC, so hell may freeze over before I am done.  Undecided

Note I also contributed the key technical insight[1] into how to make decentralized exchange work so it can't be jammed.

[1] Find my posts in this thread and note that TierNolan is one of the original inventors of the DE protocol, but it had a jamming flaw until I fixed it: https://bitcointalksearch.org/topic/atomic-swaps-using-cut-and-choose-1364951
legendary
Activity: 2912
Merit: 1852
April 29, 2016, 08:18:28 PM
...

CoinCube and amigos here

C. S. Lewis is a great writer who I have gotten a lot from.  He had a lot of insights into very important subjects, and is worth reading.

Although I had not seen your quotation above, CC, it just shows he was a top-drawer thinker on many things.
legendary
Activity: 1946
Merit: 1055
April 28, 2016, 10:50:30 PM
A couple of interesting news article today related to health and totalitarianism

"Why Our Children Should Hate Us" - Read The Lance Simmens Article Banned By The Huffington Post
http://www.zerohedge.com/news/2016-04-28/why-our-children-should-hate-us-read-lance-simmens-article-banned-huffington-post

Quote from: ZeroHedge
Although Lance Simmens has been intimately involved in public life for several decades, you’ve probably never heard of him. As such, a little introduction is needed.

As mentioned, Lance Simmens’ career was spent in public policy. Specifically, he worked for two U.S. Presidents as well as a couple of senators and governors. Since retirement, he’s been a prolific writer, publishing 180 articles at the Huffington Post over the past 8 years. As such, it came as a great shock to him to discover that one of his recent articles was removed by the Huffington Post shortly after publication. It was the first article ever rejected by the online publication, and the unacceptable subject matter was nothing more than a positive review of the banned everywhere documentary VAXXED.


Icegate: Now NSIDC Caught Tampering With Climate Records
http://www.breitbart.com/london/2016/04/28/icegate-now-nsidc-caught-tampering-with-climate-records/

Quote from: Breitbart
NSIDC’s comprised a press release a few weeks ago claiming that 5+ year old sea ice is at its smallest level on record. To prove it, they’ve produced a new chart...

But according to Steven Goddard of the Real Science website this claim needs to be taken with a huge pinch of salt... they’ve gone and deleted all the old style maps from their archive.

At least they thought they had.

But a sharp eyed reader of Goddard’s managed to find one old style map that NSIDC had forgotten to delete. This enabled Goddard to compare the new style map with an old style map for the same week. What he discovered is that NSIDC has been making some dramatic and unexplained adjustments to the record: about half the 5+ year sea ice which should be there, for example, has been mysteriously erased.

When debate is censored and forbidden and scientific data is 'corrected' to fit the approved narratives one knows we are living in very dangerous times. In the words of C.S. Lewis

Quote from: C.S. Lewis
Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive
legendary
Activity: 2912
Merit: 1852
April 25, 2016, 01:19:11 PM


trollerc

Two interesting links as usual, thanks.

The USA should butt-out of the UK's affairs re Brexit.  It's not our business.  Obama just sticking it is again.

The UK is almost getting scary!  Cameras, and now they want to ban encryption and submit products before launching?  F**k 'em.
sr. member
Activity: 420
Merit: 262
April 25, 2016, 12:43:49 PM
BTW ... I went to New Orleans with my GF and her flaming gay bff (worst mistake ever).  Don't envy anyone who had to grow up in that shithole.

Hahaha. Yeah but there was time when the Jazz and culture was really raw and real, but it is mostly just a shithole now with the redeeming qualities (the remaining creole culture) not at the commercialized junctures that you would see if just passing through.

I don't miss the thuggery, but I do miss the outlandish and even the creole culture:

https://www.youtube.com/watch?v=CtwJvgPJ9xw

I guess I have a little bit of the crazy rebel thug in me.
sr. member
Activity: 420
Merit: 262
April 24, 2016, 08:07:56 PM
There is another possibility which is that States like Texas become more prosperous and don't need any additional socialism. The Federal government may try to force prosperous States to pay for failing States such as Illinois. So we might have the Millennials saying "hell yeah, I don't want to pay for those in Illinois".

I so often seem to write Armstrong's blog posts a few days before he writes them:

So on this subject, it is a VERY SERIOUS ISSUE. I have reported on “lobbying” efforts that have been taking place behind the curtain from my direct sources. There are states looking for Congress to create some sort of mandatory contribution that would take from people’s private savings to bail out state workers. Nothing has been decided as of yet. However, I would expect this to become more forceful next year when Social Security goes bust.
legendary
Activity: 1946
Merit: 1055
April 23, 2016, 12:51:57 AM
We ought to put you two on a stage, and have at it (intellectual discussion) with an auditorium full of Philosophy, Poli Sci and Law School professors...

Ha ha isn't that more or less where we are now?  Grin

legendary
Activity: 2912
Merit: 1852
April 22, 2016, 10:36:10 PM
CoinCube is going to get me stop working on coding, hehe. I love those discussions with him and hope I can engage him again not too long from now on the many new theories he has been writing about.

I don't retract those iamback quotes.

As usual, I have a more complex viewpoint which really requires me to take significant time to articulate, as I had one in those essays of mine that CoinCube had cited in the OP of the Economic Devastation. I haven't had time to write like that recently and I don't anticipate having that time over next months because I am so busy on trying to get JAMBOX rolling.

For now, I can only make a very superficial reply, which is to remind CoinCube of his post wherein he astutely pointed out that the new world order had to increase the entropy of mankind, not decrease it. The iamback quotes are referring to the death of the nation-state socialism models we have now. I would not waste my time fighting for Texas because my opportunity cost is too high. But for many Texans, that is all they have to fight for. They don't have my software engineering talent nor my mobility. So many more things I would like to say, but I don't have time to wrap my mind around fully and articulate. My brain is too deep in programming language theory, which is about as far up the computer science ladder you can get.

P.S. I think I will soon be announcing that I am cured from my 4 year chronic illness! Seriously! Having very, very excellent health signs. It seems the sublingual oregano oil was the cure. Am back to eating what ever I like again. Not getting sick from eating any foods as I had been for the past year (and to some extent I was always getting bad symptoms after eating for past 4 years).


We ought to put you two on a stage, and have at it (intellectual discussion) with an auditorium full of Philosophy, Poli Sci and Law School professors...

We are all happy to hear that you are back to good health, TPTB.  Now don't go and ruin it by exercising too hard right away.  Take it easy (although I suppose your brain would still appreciate its normal high-level functioning).
sr. member
Activity: 420
Merit: 262
April 22, 2016, 08:55:49 PM
CoinCube is going to get me stop working on coding, hehe. I love those discussions with him and hope I can engage him again not too long from now on the many new theories he has been writing about.

I don't retract those iamback quotes.

As usual, I have a more complex viewpoint which really requires me to take significant time to articulate, as I had one in those essays of mine that CoinCube had cited in the OP of the Economic Devastation. I haven't had time to write like that recently and I don't anticipate having that time over next months because I am so busy on trying to get JAMBOX rolling.

For now, I can only make a very superficial reply, which is to remind CoinCube of his post wherein he astutely pointed out that the new world order had to increase the entropy of mankind, not decrease it. The iamback quotes are referring to the death of the nation-state socialism models we have now. I would not waste my time fighting for Texas because my opportunity cost is too high. But for many Texans, that is all they have to fight for. They don't have my software engineering talent nor my mobility. So many more things I would like to say, but I don't have time to wrap my mind around fully and articulate. My brain is too deep in programming language theory, which is about as far up the computer science ladder you can get.

P.S. I think I will soon be announcing that I am cured from my 4 year chronic illness! Seriously! Having very, very excellent health signs. It seems the sublingual oregano oil was the cure. Am back to eating what ever I like again. Not getting sick from eating any foods as I had been for the past year (and to some extent I was always getting bad symptoms after eating for past 4 years).
legendary
Activity: 1946
Merit: 1055
April 22, 2016, 08:46:48 PM
...
The Millennials have always been immature for their age. They've got the part down now about the bankers fucking us over, but they haven't yet learned the reality of not balancing the budget. When they lose their social security entirely and the economy goes belly up in 2018, they will start to grow up real fast and then we will see. I don't think they will support piling on more socialism to try to solve the problem. If they are that incapable of learning, then maybe the entire USA will get sucked down.

But there is this little problem. There are a lot of conservative Americans with guns. And they are not going to let the government rape them. When the shit hits the fan, they will take control. Stoic guns versus giggling faggots and I think you know who will be the boss.

I don't know yet for sure where the conservatives are going to congregate to make their stand. Maybe you are correct they will all migrate to Montana, but I doubt it. And I have no doubt whatsoever that they are not going to lay over and let the socialism run all over them.

The government can't kill millions of armed Americans. The elite will be forced into a stalemate same as at Bundy Ranch. The armed Americans will simply refuse to recognize the authority of the government. Bundy Ranch is a small example of what is coming on a much larger scale.

The conversatives have been waiting for this for a long time. They are hoping the confrontation comes soon as possible (because we ain't gettin' any youngeryonder).
...

I would counter this argument with another argument made by iamback some time ago  Wink

Correcting false (strawman) dichotomies

CoinCube, my point from the outset of the recent discussion with you et al, was that no one can fight socialism by trying to get the entire country (nor West) to reverse course. "Slowing socialism down" is another collectivized ideal, thus antithetical to the truth. Precisely the problem with collectivism is that there can be only one direction (no degrees-of-freedom).

Rather decentralized self-sufficiency actions (e.g. finding gainful vocation in the Knowledge Age in a way that prevents the State from expropriating your earnings) that better you and yours do in fact slow socialism down, but not because that collective goal was your motivation. As soon as a person bases their actions around a collective goal at nation-state scope (e.g. we must politically stop the expropriation), they are no longer prioritizing decentralized maximum-division-of-labor knowledge formation and have become a socialist.

I am just telling everyone to give up on that patriotic crap, because it can't be orthogonal to collectivism. Instead view yourself as a citizen of your own sovereign world, not of a country of your compatriot slaves. Why be a slave to a country?

Instead be clever about maximizing your and yours situation.

There is no fundamental difference between fighting to "slow socialism down" by trying to get the entire country (or West) to reverse course. And fighting to "slowing socialism down" by getting a portion of a country ie Texas to reverse course. The arguments above by iamback apply just as much to the state as they do to the nation.

In what way are these mutually exclusive? Provided one does not neglect personal decentralized self-sufficiency why shouldn't a rational actor in our current environment also participate in the local collective and attempt to restrain said collective. To do otherwise is to yield the floor to those who will make decentralized self-sufficiency more difficult to achieve.

Because you will waste time and effort that could have been used to actually achieve it without being slave (dependent) on what the State does. And you will not stop the State from spiraling into the abyss, because the majority is going to demand expropriation. You can't suddenly change the situation of the majority. The majority has no other option and all the (political or even violent) fighting you do can't give them another option.

The economic reality and trajectory was written into stone decades ago. It can't be altered. The economic reality is what it is.

My advice to everyone is pay off all your debt because in a deflationary collapse that is underway (see oil under $50 today!) the government can take your assets and leave you with debt to pay but no assets to pay with. And debtor's prisons are returning. Even though I was reduced to near pauper, I prioritized paying off my credit card debts in 2014 and did pay $20,000 of it off for less than $10,000 by accepting best offers for negotiated settlement. I only have about $2000 of debt remaining (except that my ex took out a $25,000 student loan recently and I don't know if the USA will try to pin that on me).

Also radically reduce the risk to unjust IRS audits and assessments, because these will become more common.

Also radically reduce the risk to lawsuits, because these will become more common as westerners get desperate.

Then the next priority is to align your vocation with the Knowledge Age and so you have income even during global economic collapse and your skills are transportable to any location you might choose to move to as the chaos takes form.

Gold can become an albatross around your neck, because you can't reliably and easily move it internationally. In fact, I lost much of my wealth because I couldn't physically carry my 18,000oz with me from USA to the Philippines, and so I had to trust others and that is one facet of where the losses accrued over time.

There is a third possibility to a breakup as envisioned above. That possibility is that the entire world is consumed by varying degrees of socialism with a few pockets here are there being less socialist than others. 
legendary
Activity: 2912
Merit: 1852
April 22, 2016, 07:13:33 PM
...

Excellent comments TPTB.  I even "borrowed" (copied) some of the above to send to 57 people on my mass-email list (see your PM).

I have yet to convince my wife that New Orleans is a dangerous dump, one of my "Virtual Friends" was robbed at gunpoint a year or so ago (he and his wife were there as tourists, they were robbed in the French Quarter one evening).

Indeed, there does not seem to be a Libertarian Paradise waiting for us...
sr. member
Activity: 420
Merit: 262
April 22, 2016, 06:09:57 PM
If you want self reliance - the state you're looking for is Alaska.

Tried that already (Philippines) and you can see how well it worked out for me.  Undecided

I love the people of Alaska (Montana is good too).  Think Texas isn't going to live up to your expectations.

I am talking about how the society will segregate into those who can't agree with each other. I am pointing out to not conflate social liberalism with fiscal liberalism.

BTW ... I went to New Orleans with my GF and her flaming gay bff (worst mistake ever).  Don't envy anyone who had to grow up in that shithole.

Hahaha. Yeah but there was time when the Jazz and culture was really raw and real, but it is mostly just a shithole now with the redeeming qualities (the remaining creole culture) not at the commercialized junctures that you would see if just passing through.

Quote
Don't mistake the social issues liberalism of Millennials with their fiscal conservatism. They chose Texas instead of the NorthWet because they want to do it differently than their boomer parents who have taken control over the NorthWet (Oregon and WA State).

Na .... I'm talking about all the Bernie lovers I meet.  

That is precisely my point. Bernie is the social liberal version of Trump. They are both attacking the bankers and both are making unrealistic fiscal promises.

The Millennials have always been immature for their age. They've got the part down now about the bankers fucking us over, but they haven't yet learned the reality of not balancing the budget. When they lose their social security entirely and the economy goes belly up in 2018, they will start to grow up real fast and then we will see. I don't think they will support piling on more socialism to try to solve the problem. If they are that incapable of learning, then maybe the entire USA will get sucked down.

But there is this little problem. There are a lot of conservative Americans with guns. And they are not going to let the government rape them. When the shit hits the fan, they will take control. Stoic guns versus giggling faggots and I think you know who will be the boss.

I don't know yet for sure where the conservatives are going to congregate to make their stand. Maybe you are correct they will all migrate to Montana, but I doubt it. And I have no doubt whatsoever that they are not going to lay over and let the socialism run all over them.

The government can't kill millions of armed Americans. The elite will be forced into a stalemate same as at Bundy Ranch. The armed Americans will simply refuse to recognize the authority of the government. Bundy Ranch is a small example of what is coming on a much larger scale.

The conversatives have been waiting for this for a long time. They are hoping the confrontation comes soon as possible (because we ain't gettin' any youngeryonder).

https://www.google.com/search?q=Millennials+are+selfish

https://www.google.com/search?q=millennials+fiscally+conservative

There is another possibility which is that States like Texas become more prosperous and don't need any additional socialism. The Federal government may try to force prosperous States to pay for failing States such as Illinois. So we might have the Millennials saying "hell yeah, I don't want to pay for those in Illinois". So it could be the Millennials are more self-centered than their boomer parents and less idealistic about sharing. The boomers went through Vietnam and they believed in the power of government to reshape society, e.g. feminism to uplift women and anti-discrimination to liberate minorities. Me thinks the Millenials only care about themselves because they were spoiled like fuck by their rich boomer parents who suddenly had second batch of children at an older age and tried to correct their mistakes for abandoning us X gen which they gave birth too when they were young and being hippies. We X gen were the flower children (you know sexual liberation). The Y gens were the "we've matured now, let's try again" children.
legendary
Activity: 1256
Merit: 1009
April 22, 2016, 11:51:25 AM
If you want self reliance - the state you're looking for is Alaska.

I love the people of Alaska (Montana is good too).  Think Texas isn't going to live up to your expectations.

BTW ... I went to New Orleans with my GF and her flaming gay bff (worst mistake ever).  Don't envy anyone who had to grow up in that shithole.


Quote
Don't mistake the social issues liberalism of Millennials with their fiscal conservatism. They chose Texas instead of the NorthWet because they want to do it differently than their boomer parents who have taken control over the NorthWet (Oregon and WA State).

Na .... I'm talking about all the Bernie lovers I meet. 
sr. member
Activity: 420
Merit: 262
April 22, 2016, 05:54:36 AM
Quote
Chop off Houston and give it to Lousiana (or just make it inhospitable and they will migrate over to Louisiana), then Texas is ready to be its own country. And Texans view themselves more as Texans than they do as Americans. Have you been there? I lived there from 2001 - 2003.

They love their guns, God, and large pickup trucks.

The food stamps correlate with inner city mess and frankly with African Americans in the South (and the "cheap white trash" that has joined with them) whose work ethic was destroyed by the welfare system. Before welfare, the negros were hard working. After, they sat around the porch, got drunk, and the females produced entire absentee father(less) families (with numerous fathers per female).

This is not racist. This is a fact.

I was born in New Orleans and I attended those inner city public schools. I know first hand the situation. I've driven through Houston several times. Don't get me wrong, the majority of African Americans have elevated themselves with college education, etc.., and they will be welcome to migrate to the New Republic of Texas. I was so pleasantly shocked when I was at the UNO library in 1991 to see so many studious African American students.

So I see mass migration where conservatives move to majority conservative States that crack down and defect. And liberals migrating to the liberal States.

Yeah disintegration of the USA into regions.

Humans want self-determination. It is viewed as a fundamental right.

I live two hours from Dallas.  While what you say about Texas was defiantly true 10 to 15 years ago and still is to some extent it's rapidly changing.  Due to the high price of housing & taxes in California a LOT of people & businesses have migrated to Dallas.  People are coming in droves and buying houses with cash.  Of course their west coast liberalism with them.  If you go to south Texas far enough (Laredo) Spanish is more common than English.  Austin has become ground zero for the new hipster capitol of the world.

What you say is still true - but less so and will continue to shrink over the next decade.  I did make a trip down the i35 corridor to Austin a few several weeks ago & the road construction and growth is absolutely insane.  There was a big music concert and apparently Obama showed up to try to explain to all the hipsters why it was necessary for Apple to build the FBI a program to decrypt the iphone.  Hipsters were astonished and felt terrible that Obama was uninformed ... they were sure he didn't understand what he was asking for.

A pity that (all the hipsters and FSA moving in), to lose the one seriously large state that is independent minded.  They flee California, Illinois, New York..., yet they instantly want to Californicate the place, to make it "just like home".  My best friend still lives in Houston, he is beginning to hate it now...

I would NOT have guessed that the young hipsters know so little about what liberty and freedom are really all about.  Such naivete voting for 0bama.

Guess we're screwed.  <=== Hey, that's why I started this thread!

Yeah I made a post recently about how the subprime lending is back in the suburbs around Austin, as there are lower-income, no-down loans for new suburbs springing up like wild flowers with good schools.

But these people apparently have jobs. Thus they are the working class, not the food stamps class.

When the interest rates head up, they lose their house and their jobs in the global economic contagion, many of them are not going to vote to raise their own State taxes. Texas has no income tax.

Latinos are hard working and many of them are not into the food stamp class.

I think we will find that Texas will roll up its sleeves and get to work, and not agree to tax themselves to death. I think Texas will choose to offer incentives for hi-tech firms to relocate there and lower taxes, instead of raising them. I think they will perhaps declare Obamacare null and void within Texas, so companies will relocate there.

It is going to be interesting to observe what happens.

I think the people who left California understand California is broken. These people are proactive enough and don't just sit in California and leech the system. Who would leave the wonderful climate of California for that inferno of Texas if not because they realize California is horribly broken.

The boomer hippies moved from California to Oregon and Washington State. These are the diehard socialists, but they also have a work ethic which may be their saving grace if they loose their bleeding heart for supporting the food stamp class nationwide.

The X gens (and Millennials) are moving to Texas. This is my generation. We are much more pragmatic.

My X generation is going to make its mark finally by saying "enough!" to the boomers being in control. We've always had to be independent because the boomers abandoned us.

Mexico is one of the strongest economies going forward. I think we can see Texas and Mexico in economic synergies. Texas is well set up to be the most economically buoyant area of the United States. i think they will realize as the shit hits the fan, they don't want the rest of the USA parasiting on Texas.

I think when Hellary steals the election, that will be the wake up call.

Edit:

In his book, Fast Future, author David Burstein describes Millennials' approach to social change as "pragmatic idealism," a deep desire to make the world a better place combined with an understanding that doing so requires building new institutions while working inside and outside existing institutions.

A 2014 poll for the libertarian Reason magazine suggested that US Millennials were social liberals and fiscal centrists more often than their global peers. The magazine predicted that millennials would become more conservative on fiscal issues once they started paying taxes.

Don't mistake the social issues liberalism of Millennials with their fiscal conservatism. They chose Texas instead of the NorthWet because they want to do it differently than their boomer parents who have taken control over the NorthWet (Oregon and WA State).
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