Quote from: hazek on May 25, 2011, 01:11:57 AM

Quote from: ~~~~~ on May 24, 2011, 11:07:40 PM

Quote from: hazek on May 24, 2011, 09:36:44 PM

Correct me if I'm wrong but aren't those people protesting in Spain protesting against government austerity measures? Because if I'm correct and they are first of all I have zero sympathy for them and 2nd of all I wouldn't want Bitcoin to get associated with socialists in anyway shape or form.

You really are something else, you know that? ..

Read my signature. I really don't care about your whining. I have learned through Austrian economics how the world works and in my ideal kind of a society you'd work hard and most importantly you'd keep the fruits of your labor. Having people doing nothing for whatever reason and getting subsidized by the government is 100% a proven recipe for failure. And that's an indisputable fact: you always, always get more of what you subsidize, ALWAYS!

So-

Subsidize healthcare -> more healthcare
Subsidize education -> more education
Subsidize infrastructure -> more infrastructure
Subsidize purchasing power -> more purchasing power.

Yes, you're right, I think it's a great idea!

One thing though, why do you have this fixation about people sitting around doing nothing? The people that pay taxes are the ones to benefit from the expenditure of said taxes. How this is done and with what priorities and to what effect is a matter of political processes. The principal however holds. Furthermore subsidizing purchasing-power benefits everyone, not least because of the multiplier effect but also because it means the ability to live for those at the very bottom of the economic pile, those that you so rabidly hate. I have noted that sociopaths often despise the weak.

By the way you do realize that in the normal course of events people can find themselves unemployed for all sorts of reasons, structural unemployment for instance when whole industries go bust or move on, sometimes after many generations where the economic life of entire regions had formed around a now defunct coal or ship-building industry or whatever it is, leaving many thousands of hard-working people whose lives are committed to that region now without work and in competition with each other for whatever employment remains.

Then of course there's seasonal unemployment when those skilled in particular sectors only active for part of the year find their work out of season, or frictional unemployment as has/will probably happen to all of us at some time in life when between jobs for whatever reason. Not to mention people who aren't earning due to injury, old age, the need to care for dependents, or the various social ravages of history. All these people you seem to despise as wasters, even as you endorse economic ideologies that would cause the employed to be even less secure in their jobs and their incomes to be even more pressurized by the global free-market avarice you so obviously adore.

You can hate the bulk of humanity it's probably your nature, but those involved in society are not unfamiliar with these kinds of issues, that's why they think government and it's behavior a serious and necessary business, not a matter for anarcho-capitalistic buffoonery. Whining like spoiled children that wish not to share their toys. It would be comical if it were not so despicable.

Quote from: hazek on May 25, 2011, 01:11:57 AM

Now I'm not against people trying to express their frustration with the current conditions per se. Au contraire! I'm all for it. What bothers me is their proposed solutions which however well intentioned are proven to have horrendous consequences for the general welfare of society. And I will never ever EVER in any way shape or form support people who are advocating such policies. Not in a million years, and even if babies have to starve and die in front me I will not do it.

Of course, this is no surprise, it is because you are the enemy. We can tell the enemies of humanity as they tend to be the sick unhinged bastards that would have babies die on a point of principal. The fate of such people is a matter of historical progress.

Quote from: hazek on May 25, 2011, 01:11:57 AM

Also if Bitcoin was not designed to have a fixed limit of supply it wouldn't even interest me. It is one of the main reasons why I find it extremely appealing which is the fact that no one on the whole planet can steal from me through inflation.

The image you leave with this last sentence; a wretched grinch-like creature, hunched over its treasure, polishing it's gleaming gold coins in some dank cave somewhere. Oh yes, that's a creature of the Austrian-School all right. You should consider a job at Goldman Sachs, you're their kinda guy.