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Comments:
<0> was
<1> Linus, why would that bother you more than selling them to anyone else, they can't hurt us that much by selling them off and it would end up hurting their economy worse than ours
<2> its not free money, we pay interest to china on the notes, plus pay the face value at due date
<3> LInus: I didn't freak ... did YOU freak?
<4> I belive the Yuan is still tied to the USD at 11:1 ratio
<2> it is again
<4> I remember them considering doing it, I don't recall it actually happening
<2> for a few months china was pissed when the US allowed its dollar to fall so much
<3> Linus: as long as I can pay the minimum on my credit card I get free stuf
<2> in effect, devaluing the notes they held
<2> they did it for at least 2 months if i recall correctly
<4> Linus- sure, but it's all a game of perceptions
<3> Linus: so what if they get pissed?
<5> why worry about china?
<2> so what? they float their currency
<4> US money only has value because people belive that it has value... just like say, diamonds
<2> that's so what
<4> cept, the USD isn't backed by anything material
<1> Linus, and what happened? Who cares what they do? Our economy is strong
<2> damn, you guys are ok with this apparently
<0> It used to be that the insurance companies held a lot of the long term US paper, but that has changed.
<3> KoBushi: anybody who buys diamonds these days at these prices is a fool
<3> the illusion of the rarity of diamonds is a JOKE
<6> KABUL (AFP) - More than 170 Taliban and other Islamist fighters have surrendered as part of a government amnesty scheme, vowing to lay down arms and work to rebuild war-ravaged Afghanistan, officials said.
<2> stock market is strong, job market and real income have taken a hit
<4> So, how is giving someone $5, any different from the US gov. promising to give them $5 worth of stuff at some point in the future? ... it isn't.
<6> prolly spies
<4> OcDoc Real diamonds have synthetic value... synthetic diamonds have real value.
<4> :)
<5> china isn't looking to nuke anyone
<3> say what?
<6> job makrket is very strong
<7> KoBushi actually there is a world of difference between tax monies and private donations.
<2> lower paying jobs w/ paltry benefits
<2> real income has fallen
<4> OcDoc snthetic diamonds... every bit as utilitarian as "real" diamonds; but a fraction of the price, and can be made to a desired tooling shape
<6> lol
<2> its a fact
<6> sure it is
<3> wouldn't it be horrible if you were a secret agent infiltrating the enemy and the only guy on your side who knew you were a spy died?
<2> real income is down since 2000
<6> where's the calculation
<3> Linus: Twobar asked, "What is reality?" and washed his hands
<1> Since 2000? Geesh, just pick a convenient year to compare, what could have happened since then?
<4> Linus- please clearify the term "real income"
<8> dam straight
<7> 2000 was a banner year all around.
<3> how many washers do you need?
<3> how many cars? how many houses?
<4> Linus- not hat I'm disagreeing, just want to know the specifics of the term
<3> how much food can you eat?
<1> KoBushi, "real income" means you subtract inflation from the change in income
<5> what is "real" income
<3> if a guy buys a hd plasma screen tv this year for the same price that I bought a lousy old tech tv four years ago, is he worse off?
<4> I'm sure that a lot has declined since the year 2000; there is no longer a crazy IT world exploding in a money feeding frenzy
<6> well I don't think you can just subtract inflation
<6> you'd have to mmultiply or divide
<5> haha
<9> GAZA CITY (CNN) -- An Israeli airstrike Sunday killed an Islamic Jihad field commander and a man in charge of making rockets for the organization, Islamic Jihad sources said.
<1> Actually you just subtract it
<6> by 1 + decimal inflation rate
<9> oh well
<9> look slike the middle east is back to "normal"
<6> subtract it from what ? income in dollars ?
<4> anyway, so "real income" = incom as adjusted for inflation?
<3> Loco: I always wondered why they admit that stuff ... wouldn't it be better for them to say "You missed us, you missed us ... nya nya"
<10> KoBushi: yes
<4> So, "real income" does not take into accunt quality of life/cost of living/disposable income?
<9> OcDoc: pride probably
<11> real income -- after taxes after comparison to ....
<1> Subtract the inflation rate from the rate of increase in income
<6> well like I was asking, where's the calculation
<0> most consumer electronics is made in China. a better example would be the cost of a loaf of bread.
<5> does "real income" include your ability to buy stuff at walmart?
<1> If income increased 6% but inflation was 3% then real income only increased 3%
<12> well, if you are hurting for money, nothing from stopping you from working a 2nd job or whoring out your wife for a few bucks
<3> Scott: most of our bread is made in Iowa
<12> ;)
<4> In that case, I would like to see figures from various years of "real income" along with figures for disposable income as a % of "real income"
<12> life is tough in war times
<3> they use a market basket of goods for one calculation
<12> grow a victory garden
<4> and even that would be an oversimplified comparison
<6> Rockfish: well that would be approximate, but close enough
<3> it doesn't take into account efficiency of production so it's worthless
<8> nytol
<1> SSSSSTTTTTEEEEEEEEEELLLLLLEEEEERRRRRSSSSSS!!!!!!!
<3> productivity, imports vs. homemade
<11> well % out your COL to your "take home" pay --
<6> in reality, we should probably do (1.06)/(1.03) or something
<6> but it will be lamost teh same
<3> Rockfish: don't hold back, let us know how you really feel
<6> almost the same
<13> Rockfish, SUUUUCCCKKK
<13> Just kidding, I was actually going for the Steelers.
<1> It's been 8 years since one of my teams won a championship
<13> But only cause my mate was going for the Hawks.
<3> KoBushi: cool ... that's the only point I have for being here, the discussion
<14> OcDoc prefers discussion about Lance and Bruce and TwoBar's not wearing underwear.
<1> I was pretty close predicting the final score too, I thought it would be 14-10, missed it by a td
<5> i think that is why everyone is here ocdoc
<3> Yankee: Twobar left so you can't slander him any more
<4> no, but libel is okay
<15> im not here to discuss im here to troll
<16> Ok KoBushi
<4> :P
<10> OcDoc: sure he can, just not in his presence.
<6> it won't be any fun though
<4> (since, on IRC it'd be libel, not slander)
<3> poluted: not by a long shot ... many people come in here to post slogans and then run, others get into bitching matches, pissing contests and personal attacks
<1> No, only libel if it's printed material
<6> DETROIT (AP) - A homeless man was stabbed to death early Sunday in downtown Detroit, some 18 hours before the Super Bowl was to be played a few blocks away at Ford Field.
<4> Rockfish IRC wouldn't count as printed? :)
<6> football causes murder !!!!
<4> it certainly wouldn't be spoken
<11> IRC would count as 'printed'
<1> Only if you print out the log and publish it
<4> So then, it is neither slander nor libel?
<1> Being in Detroit causes murder
<1> It would be slander
<11> Rockfish IRC is logged and this is cl***ified as written
<4> Sweet! we have found the perfect platform for insulting others without fear of legal ramifications!
<4> :P
<11> lol KoBushi - but nope
<4> Rockfish slander must be oral though
<3> KoBushi: heh ... I had a joke but I can't post it cause I can't remember what it's called when you move your lips while you read?
<4> has to be spoken :P
<1> I could be wrong, but I don't think so
<4> Rockfish it is, because when the terms were coined/codified... that's the only 2 options :P spoken, or printed/writen/etc
<3> if you move your lips while you type does that make it slander?
<4> I'm sure they'd fit it into one catagory or the other though ... my bet is libel
<4> OcDoc hehe, only if sound comes out
<3> it's neither libel nor slander because there is no value in your online reputation so you can't harm someone's reputation by lying about him/her/it
<13> OcDoc, libel
<6> what if the slander is done in charades ?
<4> OcDoc ah, but what if we lie about someone that everyone knows? ie: a politician or some such
<1> It's probably not libel or slander at any rate because whatever anyone said about Twobar, it was probably true
<3> KoBushi: politicians are fair game
<17> US-Male: then it's defamation by mime
<5> every lawsuit requires damages
<6> mimes are their own form of defamation
<4> hehe
<6> and defecation
<6> smimery
<6> mimery
<3> KoBushi: for two reasons, one is that this would be protected as sarcastic speech, and secondly because politicians are expected to be lied about
<17> Best Super Bowl Commercial: the Fedex Dinosaur one
<1> I thought that was pretty weak
<17> Worst Super Bowl Commercial: the Dove Self-Esteem one
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