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usgoosht
Clearly about profit and not medicine. The people who approved this should be investigated for monetary ties to the pharmaceutical industry.

There are exceptions, but for most children the risks arising from covid don't justify subjecting them to an experimental treatment that has no long term safety record. Nor can it be considered a vaccine, since it doesn't prevent people from getting covid. It should be called a therapeutic, since it has to be taken regularly to be efficacious.

This pandemic has really made clear the capture of the regulatory apparatus of the US by the pharmaceutical industry. comment by usgoosht on Covid vaccines for US children under five: what to know Jun 21, 2022 4:50 PM [GMT]
usgoosht
There should be some kind of charges coming out of this. This goes beyond incompetent into criminal, even if only negligence.

The whole story here has yet to come out. How does someone so incompetent make it into a position of responsibility like that? Why the extreme reluctance to do his job, given how clear it would be to even someone untrained in law enforcement what the correct action was? comment by usgoosht on Uvalde mass shooting: Photos show armed police waiting in school hallway Jun 21, 2022 4:30 PM [GMT]
usgoosht
If only victims of coercion concede meekly, then there will be peace. The mafia can get behind that. As can Mr Xi and Mr Kim. And of course, Mr Putin is firmly in that camp, as his previous military adventures have shown.

I guess she is a citizen of the US, but doesn't really understand the basis of its existence. Like many citizens, some of them in Congress. comment by usgoosht on As businesses flee Russia, a New York model returns to Moscow Jun 21, 2022 4:20 PM [GMT]
usgoosht
It is still Russia, so it is still subject to the sanctions. Wait, until the second world war ended, it was German for centuries. Is this Mr Putin's way of confessing that it isn't really Russia? Maybe Germany should undertake a 'special military operation' to liberate Kaliningrad from the fascists who control it? At least as much justification as for the invasion of Ukraine.

Politics, and historical grudges, revenge, festering resentment, these are all complicated and can become cause for conflict. comment by usgoosht on How Kaliningrad, Russian territory surrounded by NATO, is tangled in the Ukraine war Jun 21, 2022 4:04 PM [GMT]
usgoosht
'Those who don't learn from the past are doomed to repeat it.'

They never learn. Like little children believing in fairy tales. I guess they shouldn't be too ashamed, since university professors all over the western world tell each other these same fairy tales.

Reality is hard. Indulging in fantasy is easier. comment by usgoosht on As Latin America embraces a new left, the U.S. could take a back seat Jun 21, 2022 3:57 PM [GMT]
usgoosht
Is there a solution to this problem? Yes, a currency defined to have a constant value. Administered outside of political control. Similar to the way that a kilogram or a meter is defined, and can be used to measure. What units would a currency be defined in? Energy, the currency of the universe.

Will the digital currencies work for this? No, their value has no relationship to economic output, is purely artificial.

A fixed currency could not be as deterministic as a physical measurement, but it could be a lot better than the current relationship. comment by usgoosht on Why are central banks pushing to raise interest rates? Jun 17, 2022 2:51 PM [GMT]
usgoosht
Using the US dollar to modernize an economy worked for the Asian economies that did it, Hong Kong, Japan, Singapore, Taiwan, South Korea, and China, because they had discipline, and understood that the money had to be used for development. It hasn't worked for many countries around the world, like Argentina, Brazil, India, South Africa, because they haven't the political discipline [1] to use the money for development. Instead they squandered it on pandering to their electorate. It was working for Chile, but their new constitution seems to be turning to the borrow and spend on appeasement, instead of development, model. It is true that the East Asian countries had a homogeneity that allowed them to focus on development, but it could still work for other countries.

1. Family planning, education, infrastructure, rule of law. comment by usgoosht on Why are central banks pushing to raise interest rates? Jun 17, 2022 2:44 PM [GMT]
usgoosht
Some might be thinking that this global economic turmoil could be the opportunity for China to take the role of the global reserve currency. It will not happen. The holder of the global reserve currency cannot follow mercantilism. This precludes China, Japan, and Germany from providing the global reserve currency.

The structural hollowing out of the US economy is a direct result of its currency being the global reserve currency. China, at least under current management, would never allow this. comment by usgoosht on Why are central banks pushing to raise interest rates? Jun 17, 2022 2:37 PM [GMT]
usgoosht
I forgot to mention that raising interest rates will not end Mr Putin's invasion of Ukraine, another contributor to global economic problems.

About 2400 years ago, a book called 'The Way of Life' was written in China. Even then, they knew that war was economically destructive. It says, "An army's harvest is a waste of thorns."

People are so irrational. If Mr Putin had spent all the money and lives he is spending on this war, creating destruction, in building a friendly relationship with Ukraine, he would have had an ally. comment by usgoosht on Why are central banks pushing to raise interest rates? Jun 17, 2022 2:32 PM [GMT]
usgoosht
Exactly, just as they want to do in Roe vs Wade. That was huge judicial overreach, and it is being corrected, by being sent back to the states where it belongs. Of course, one judicial legislator from the bench's mistake, is another judge's correction. But this statement certainly illustrates Wr Sotomayor's attitude: she knows what is a mistake and what is not, and her opinion is the correct one. She would make a good member of the cult of islam. comment by usgoosht on Sonia Sotomayor says supreme courts mistakes can be corrected over time Jun 17, 2022 2:21 PM [GMT]

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