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Topic: Is a Madmax outcome coming before 2020? Thus do we need anonymity? - page 10. (Read 102812 times)

newbie
Activity: 42
Merit: 0
Nope- not a socialist. Why do you think the oil companies should get free money from their countries resources?
And do you really think the price of oil is decided by the tax on the oil drillers in norway? The price is decided in very high places
in Saudi Arabia and their friends and of course supply and demand. Even if there was ZERO tax they would still sell the Norwegian oil at the current price in the world.

Disagree, if there are plenty of oil competitors then the price of the oil will stay low , given that there is enough supply of it, which for now it is (although its rapidly decreasing).Nobody says that only 1 or 2 companies should drill that oil, big competition is the recipe for a healthy economy and free market.
If you tax it with 78% then defacto you get +78% more expensive oil, which of course the small firms and people will pay from their pockets.

If there is a trust in the oil market then thats another problem, but it is largely contribuited by the big taxes and the regulation. If you highly regulate them and tax the sh*t out of them, then obviously no new oil companies will rise to the top, and there will be no competition, thus the trusts could agree on the prices.

Not to dive into the other big one, the global QE program which is also a major contributor to big oil prices, which is caused by Keynesian nutjob central bankers by printing toilet paper money to debase the currency so every price goes up relatively to it.

So either way the politicians are the bad guys here.
legendary
Activity: 1449
Merit: 1001
Quote
In Norway, companies drilling for North Sea oil pay a 78% tax rate on income...

Omg that is monstruos, no wonder why the oil markets are tanking, these idiot bureocrats just never learn from their mistakes.

Why is that too high? The oil belongs to the citizens of Norway and the majority of profits from it should go to the country.

Because the more they are taxed the higher the price will be? Guess what none of that money will go to the people, it will all go to the govt. and corrupt politicians  Roll Eyes
If you want it to go to the people then cut the tax , since the norwegian average car diver will be the only one that will suffer from high taxation/oil prices. (including small business which transport stuff with vans)

I though that the fact that high taxes are bad for everyone but the politicians, is obvious, but i guess it's not, are you a socialist or what?

Nope- not a socialist. Why do you think the oil companies should get free money from their countries resources?
And do you really think the price of oil is decided by the tax on the oil drillers in norway? The price is decided in very high places
in Saudi Arabia and their friends and of course supply and demand. Even if there was ZERO tax they would still sell the Norwegian oil at the current price in the world.
newbie
Activity: 42
Merit: 0
Quote
In Norway, companies drilling for North Sea oil pay a 78% tax rate on income...

Omg that is monstruos, no wonder why the oil markets are tanking, these idiot bureocrats just never learn from their mistakes.

Why is that too high? The oil belongs to the citizens of Norway and the majority of profits from it should go to the country.

Because the more they are taxed the higher the price will be? Guess what none of that money will go to the people, it will all go to the govt. and corrupt politicians  Roll Eyes
If you want it to go to the people then cut the tax , since the norwegian average car diver will be the only one that will suffer from high taxation/oil prices. (including small business which transport stuff with vans)

I though that the fact that high taxes are bad for everyone but the politicians, is obvious, but i guess it's not, are you a socialist or what?
legendary
Activity: 1449
Merit: 1001
Quote
In Norway, companies drilling for North Sea oil pay a 78% tax rate on income...

Omg that is monstruos, no wonder why the oil markets are tanking, these idiot bureocrats just never learn from their mistakes.

Why is that too high? The oil belongs to the citizens of Norway and the majority of profits from it should go to the country.
newbie
Activity: 42
Merit: 0
Quote
In Norway, companies drilling for North Sea oil pay a 78% tax rate on income...

Omg that is monstruos, no wonder why the oil markets are tanking, these idiot bureocrats just never learn from their mistakes.
newbie
Activity: 28
Merit: 0
It is complete nonsense for Martin Armstrong to assert that the banksters do not have a long-range plan to take over the world. Armstrong's own models are based on the fact that coincidence becomes a statistically valid pattern given enough repetition. They sell these commodity derivatives in order to give them more political control. Just look how they timed the collapse in the oil price and lobbied right on time to repeal Dodd-Frank with the timing of the massive spending bill. They know what they are doing and Armstrong is confused because he thinks their losses are due to ineptness. No Martin! Their losses are planned out in order to maximize the failures that concentrate more power and control into their hands.

http://armstrongeconomics.com/2014/12/16/russian-ruble-collapses-conspiracy-or-warning-of-things-to-come/

The obvious way around this problem is to lower interest rates to practically zero, through Quantitative Easing (QE) and other techniques.

(Increasing debt is a big part of pumps up “demand” for oil, and because of this, oil prices. If this is confusing, think of buying a car. It is much easier to buy a car with a loan than without one. So adding debt allows goods to be more affordable. Reducing debt levels has the opposite effect.)

QE doesn’t work as a long-term technique, because it tends to create bubbles in asset prices, such as stock market prices and prices of farmland. It also tends to encourage investment in enterprises that have questionable chance of success. Arguably, investment in shale oil and gas operations are in this category.

http://royaldutchshellplc.com/2014/12/13/oil-prices-continued-their-collapse-on-friday/

Quote
The new rout began Friday morning after the International Energy Agency, the organization based in Paris that advises industrial countries, cut its forecast for global demand for crude oil in 2015 by 230,000 barrels a day. The agency cited less oil consumption in countries that produce it like Russia and a weaker-than-expected global economy.
newbie
Activity: 42
Merit: 0
Hey i`m not american but i just heard that your governments wants to nationalize the private pensions and force the penson managers to buy only long term bonds with the capital, what do you think about that?

Is your government getting desperate to sell out more long term bonds to cover the massive debt bubble, what do you think?

If this gets mainstream then it would definitely cause some instability in the USD, and thus hopefully BTC/USD can go up then  Grin
legendary
Activity: 1260
Merit: 1002

I don't expect what is coming to resemble that.

What is coming is much more subtle slavery. The only way to permanently enslave people is when they don't realize they are enslaved. Those who are awake will feel the world is in some sort of Stepford Wives zombie, deluded blissful state.

Y'all already enslaved. Cue aldous huxley's perfect dictature.

Just go along with this and teach your kids sum twerk
newbie
Activity: 28
Merit: 0
The end times are upon us...

What I wrote in email today... (hey don't assume you know if I am Christian or not...I may just be speaking from their perspective playing devil's advocate...but you will not know as I might be a Christian...)

> You are correct, the masses cannot be saved as they have chosen the false
> gods of Catholicism, Protestantism, Islam, Hindu, Buddha, or just plain
> old no god at all but faith in man (humanism)...  It is exactly as Messiah
> said, it is just like the days of Noah.
>
> The beginning of the end starts on September 23, 2015.  Just prior to that
> is the Shemitah.  There is nothing that can change this event.

Doesn't the Bible say that some old lady escapes the beheading the desert?
I think the Bible mentions about some finding safe harbors?

Where are you riding this out?

I saw a dead pigeon in my lawn today (in the Philippines and I never see dead birds here).
I read a new more deadly strain of
bird flu killed several hundred recently.  Armstrong says pandemic cycle
should peak again 2019 in a global plague.

No one can predict the time, as the Bible says. The history of the world
has been going through repeated cycles that appear much like the End
Times, e.g. 60% of Europe died in the Black Death.

One thing I learned about life thus far, is those who speak in absolutes
are crackpots. I guess there is a time to be proven wrong, but I don't
think absolutism has ever been correct in the recorded history of the
earth, not even in the Biblical great flood. Noah found safe harbor.

> Matthew 7:13"Enter through the narrow gate; for the gate is wide and the
> way is broad that leads to destruction, and there are many who enter
> through it. 14"For the gate is small and the way is narrow that leads to
> life, and there are few who find it.

Forsaking money and body entirely is one route, maybe the only one to fit
through the narrow gate. Recall the parable of the rich man and easier to
fit a camel though the eye of a needle.

God bless guys.
newbie
Activity: 28
Merit: 0
I believe I know what needs to be done in terms of an altcoin. But getting it done may be more than one man could do timely.

Why don't you start campaign to collect funds? If jl777 and Vitaly managed to collect funds, I am sure you could get at least enough to sustain yourself and small team for a year.

Thanks for that sentiment. I would probably only do that if I was desperate and even then I'd probably find another way to get some money to survive on while coding. He paid me 5 BTC so they already funded me a bit. He was very upstanding in his interaction with me.

First I don't feel comfortable with taking money from people on a promise of work that has yet to have been done. I know the nature of tech is it morphs along the way. My personality in the past was to deliver, not promise, although this appears to have changed with the advent of the internet to waste my time pontificating on.

Secondly I don't think great software innovation can be purchased with money. Innovation is born in the desire of the creator to change the world. The lure of a great monetary payoff can enhance the lure, but paying in advance is very demotivating (why work hard if already paid?) and it attracts the wrong mindset of developer.

It is always best to not pay a dime and let people create the parts of the ecosystem independently and profit on and control their own projects. This is why it is best to design systems to be modular so that the entire system doesn't have to be controlled and created by one group or entity. This is why I suggested the best design of a programmable block chain is merged mining (find it in U.T.'s archives).

Just putting my ideas out there may help to motivate others to implement.

hero member
Activity: 538
Merit: 500
I believe I know what needs to be done in terms of an altcoin. But getting it done may be more than one man could do timely.

Why don't you start campaign to collect funds? If jl777 and Vitaly managed to collect funds, I am sure you could get at least enough to sustain yourself and small team for a year.
newbie
Activity: 28
Merit: 0
Btw, all of us were incorrect and Armstrong did not misunderstand that the New Yorker article was humor. Come on guys, all of us failed to read carefully what he wrote. He was also using humor in a facetious tone.

http://armstrongeconomics.com/2014/12/14/are-you-really-ready-for-the-world-to-be-ruled-by-bankers/

Quote from: Armstrong
Believe it or not, Citigroup announced on Friday that it would move its headquarters from New York to the actual U.S. Capitol Building, in Washington, D.C., in early 2015. Yes! They might as well had since they got everything they wanted.. Could you imagine Citi outbid JP Morgan and Goldman Sachs to lease thirty thousand square feet of prime real estate on the floor of the House of Representatives.

This is just jumping off the cliff. Not only did these people grease enough palms to repeal Dodd Frank, they are now virtually leasing space right in the Capital Building and managed to increase the donation limitation from $32,400 to $324,000.

Sorry folks, you just got Goxxed (outsmarted) by Armstrong, haha. Myself included, but only because I was in a rush and didn't scrutinize carefully.
newbie
Activity: 28
Merit: 0

I don't expect what is coming to resemble that.

What is coming is much more subtle slavery. The only way to permanently enslave people is when they don't realize they are enslaved. Those who are awake will feel the world is in some sort of Stepford Wives zombie, deluded blissful state.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
newbie
Activity: 28
Merit: 0
Obviously that was an error, and I have observed that Armstrong has made other errors in the past of misconstruing facts such as the shrapnel he claimed was possibly machine gun fire in the downed airplane over Ukraine. That leasing claim at the Capitol seemed bizarre to me and I was in rush.

Two possible causes of this and the second also applies to myself, is becoming too enamored with one's own truth and being too overworked to maintain perfect research on every one of dozens of things one is multitasking on each day.

Note Armstrong has removed the link to the New Yorker article from his blog post. Yet he didn't retract the blog post.

I think I can explain Armstrong's motivation, given I have traded emails with him and argued with him earlier this year. He believes the only hope is to wake up the people to put a stop to the corruption before it can drag us into another Dark Age. Thus he probably views the importance of getting shocking information out there to outweigh any pedantic errors. In other words, he doesn't want to give any reason for readers to doubt the seriousness of the situation we face. This is one of his personality flaws and one of the reasons I don't blindly follow him.

Also I suspect that Armstrong views humor as data, and may have verified historically and statistically that it foreshadows the opinion of the public as to the actual truth behind the curtain.

But Armstrong's overall point is correct, the banksters are taking over for they partially repealed Dodd-Frank and increased the bribes they can give to the political parties from $32,400 to $324,000.

And Armstrong is finally coming to realize my long standing argument with him that there is a globalist plan to control the world with essentially one-world control over the money (whether it first takes the form of regional currencies and regional free trade zones is irrelevant to the point):

http://armstrongeconomics.com/2014/12/15/where-do-we-hide-was-dante-right-is-the-end-near/
http://armstrongeconomics.com/2014/12/14/fatca-going-worldwide/

Have you noticed with the recent FIBA basketball championships, the advertisements on the TV are "Oceania, Asia, Europe, Americas, etc"? The 10 Kings regions of the Bible are taking form, and powers-that-be are pitching the regions to us via their control over mass media. The games of Rome to keep the people preoccupied (away from the ominous clouds forming) and program their minds.

Unlike Armstrong, I don't believe the masses can ever be saved. Never has that been the case, e.g. in the French Revolution they accomplished in the end totalitarianism under Napoleon. Nature purges the masses such as with the Black Death that killed a majority of Europe's population. I believe the powers-that-be will win control over the mainstream monetary system and they and the masses will decline together in a morass. I hold my hope in the bifurcation of the economy into a dying Industrial Age (which the powers-that-be and masses control) and a fledgling Knowledge Age which is controlled by the hackers and knowledge creators.

I understand Moldbug's "Only One Currency Can Win" which Satoshi also apparently validated.

And I have explained how I think a bifurcated economy could violate Gresham's Law and allow for two monetary units to coexist globally analogous to how national currencies coexist due to a Coasian barrier of individuals not trading directly internationally.

The one unit will be controlled by the banksters and the masses and this will be the 666 slavery system. The other crypto-currency unit will be for those who hold their "unit-of-account" in "units-of-knowledge". You see as a hacker, you don't care about money as a store-of-value, power-law distribution enslavement paradigm. We care about code and the freedom (power) to build (software, 3D printing designs, etc). The models of remuneration employed thus far for "open source" have depended mostly on large corporate funding. This has locked us hackers into the Theory of the Firm rigor mortis paradigm but remember knowledge can't be enslaved nor financed monetarily. Whereas what we really need is direct remuneration via micro payments.

Note the banksters need this alternative monetary unit too. For they need a place to hide their wealth from their own morass, and because if they squelch all knowledge formation, they will destroy their cancer's host and perish. Precious metals are no longer even functional in the competition against knowledge.

Do understand that everyone who is creative and likes to build things is a hacker.

I believe I know what needs to be done in terms of an altcoin. But getting it done may be more than one man could do timely.
legendary
Activity: 3108
Merit: 1531
yes
Relationships in Washington are getting cozy.
legendary
Activity: 1449
Merit: 1001
This ominous clouds are forming on the horizon.

Citigroup to Move Headquarters to U.S. Capitol Building


You do realize the linked New Yorker article is meant to be humorous, don't you?

Humorous  but not so far from the truth according to Elizabeth Warren.

https://www.youtube.com/watch?v=DJpTxONxvoo
legendary
Activity: 1946
Merit: 1055
This ominous clouds are forming on the horizon.

Citigroup to Move Headquarters to U.S. Capitol Building


You do realize the linked New Yorker article is meant to be humorous, don't you?

Martin Armstong misreports this as fact here
http://armstrongeconomics.com/2014/12/14/are-you-really-ready-for-the-world-to-be-ruled-by-bankers/
Armstrong was apparently misled by the the New Yorker article. Contagion likley made his error based on reading the erronous armstrong.

But Armstrong does not disclose his methods. It is easy to claim you have a superior computer model that tracks 32,000 variables. It is far harder to actually develop such a thing. Armstrong is also selling a product (investment advice) so there is a potential financial motive for convincing others he has something that does not necessarily exist.

Given his refusal to share his methodology the only way to judge his claims is via Bayesian inference ie recurrently updating the probability he is what he claims to be by the accuracy of his predictions. Confirmed independent records of prior predictions would be helpful here or lacking that a concise report of future predictions.

I agree of course; and thus I am operating to some degree on faith supported by the Bayesian intersection of several datums noted below. He has a blog post within this year where he said they will try to open source it before he dies.

How many snake oil salesmen are selling timeshares to institutions for $5 to $100 million annually.

I would place this little error by Mr. Armstrong's into the Bayesian pile of data urging caution in regards to Mr. Armstrong's claims.
I imagine that only the very best snake oil salesmen are up to the challenge of selling timeshares to institutions for $5 to $100 million annually.

Note: I am not saying the armstrong is not legit only that caution is warrented.
pa
hero member
Activity: 528
Merit: 501
This ominous clouds are forming on the horizon.

Citigroup to Move Headquarters to U.S. Capitol Building


You do realize the linked New Yorker article is meant to be humorous, don't you?
newbie
Activity: 28
Merit: 0
This ominous clouds are forming on the horizon.

Citigroup to Move Headquarters to U.S. Capitol Building

Quote
This is just jumping off the cliff. Not only did these people grease enough palms to repeal Dodd Frank, they are now leasing space right in the Capital Building and managed to increase the donation limitation from $32,400 to $324,000.

Looks like the clouds are starting to gather for 2015.75 in a very dramatic way. Maybe it is just time to leave. Oh ya. This is fulfilling the lyrics of the Eagle’s song Hotel California – where you can check out any time you like, but you can never leave.

Global Initiative to Create an International Tax Reporting Regime

Quote
At G20 last year, all governments agreed to report everyone everywhere to their host countries for tax purposes. The hunt for taxes is destroying the world economy at a staggering rapid pace and this is far worse than even I had anticipated when we first forecast BIG BANG would hit 2015.75 back in 1985. Here is a email a non-US citizen received from his trust company in Malta.

Quote
“The reporting charges have arisen due to the implementation of new U.S legislation known as the Foreign Account Tax Compliance Act (“FATCA”) which has been introduced as part of a global initiative to create an International tax reporting regime. Together with the majority of the World’s major trading nations, the Maltese Government has entered into an agreement with the US Authorities to implement FATCA legislation in Malta. The legislation has required all Trust Companies in Malta to evaluate all structures operated on behalf of clients and categorise them according to detailed rules set out in the FATCA legislation. This categorisation process is not just limited to structures operated on behalf of US clients, or clients holding US assets but has to include all clients and structures irrespective of where clients and their structures are domiciled. We can advise you that has taken extensive legal and tax advice regarding the categorisation of clients and which information should be reported according to various trigger reporting events since our accounting and client management systems have to be tailored to supply relevant information on a per client and entity basis to the Malta Authorities who then report directly to the IRS.

Consistent with many other Trust Companies a decision has been taken to pass on some of the costs of this work to client structures for whom we act. Accordingly a December invoice will be issued for a one off fee of £250 that will be described in the invoice as a FATCA classification fee.“
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