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Landlordia

Xyanth wrote:50+ days of violence, looting, and arson. Every freakin' night. Something's got to give.

Yeah something has got to give. A friend of mine received word that they might be coming to my city, but I don't see that happening because nothing is really happening here. The protesters just go out and chant and then go home. They were done with all that looting after the people in the city were gearing up to fight them, and paying armed private guards to watch over their stores. A buddy of mine was an armed private guard for some stores in the city. I love it in Philadelphia, we know how to take matters into our own hands.

Landlordia

People destroying things, creates jobs as well as takes them away, so I have neutral feelings on the path of destruction left by protesters.

Pinochetus

Landlordia wrote:People destroying things, creates jobs as well as takes them away, so I have neutral feelings on the path of destruction left by protesters.

That is not how jobs are created. The money used to replace things that already existed wasn't just going to sit in the bank to do nothing.

If they were saving money, it was to buy something else. If they dont buy that something else, the job that would have been created is destroyed.

Replacing things that already existed does not improve productivity. And remember this is if the money being spent to replace goods was already saved.

If they did not have money saved, then a loan must be taken to replace the old goods. This loan withdraws income from the future to pay for the full amount, and also requires an interest payment. That future income, plus interest would otherwise have been used to pay workers, business expenses, or for new goods that would have created new jobs. Instead that money is being siphoned onto replacing destruction.

You essentially see a broken window and think "oh boy, jobs for the glass makers," while being oblivious to the fact that this money would have been spent on new technology or capital goods, and now those new jobs providing new capital goods have disappeared, and the shop owner is poorer with nothing new to show for it.

Economics is about the seen vs. the unseen. The glass is seen, the capital goods that were never bought are the unseen.

Reed audio and Xyanth

The Pirates of Xyanth

Landlordia wrote:People destroying things, creates jobs as well as takes them away, so I have neutral feelings on the path of destruction left by protesters.

With the exception of your mask rant, this is quite possibly the most ignorant thing you have posted to date.

Let me ask you this: Would you still be neutral of those never to be sufficiently damned terrorists burned you out of your home? How about your mom's bake shop. The bake shop with no where near enough insurance to reopen.

Clearly you are not old enough to remember the Watts riots in LA. That part of town was a deserted wasteland for the better part of a generation. We are talking two square miles of zero commercial activity and little more than ghetto dwelling leaches. This became a part of town that even the police did not enter with less than company strength force to back them up.

Grow up. Pull your head out of where ever you are getting this garbage. Do some reality instead. It will be good for you.

Reed audio

The Pirates of Xyanth

After giving rioters a free hand with his city for last couple of months, Portland, OR mayor told reporters, "Someone's going to die."[1]

No kidding? I wonder how long it took him to figure that out?

There is absolutely no question the mayor of Portland is stupid with with zeros. The fact we are coming up on 60 days of unchecked rioting in his city shows me this guy is either inept, on the side of the terrorists, or some of each.

However he is right about one thing. People are going to get hurt. Hurt badly, and possibly killed.

It is crystal clear to me that whoever is pulling the strings on the useful idiots rioting in our cities is pushing for more and more confrontation, especially with police. The attacks are growing bolder. There is a clear, almost military coordination in these attacks suggesting at least a basic command and control structure. There is a supply chain supporting these operations in the form of weapons being delivered to the terrorists, and in some cases being staged well in advance of the trouble.

Alas, the useful idiots on the streets seem to forget they are attacking human beings carrying guns. Eventually, somewhere, a bunch of these Darwin candidates are going to corner one or more officers and begin pelting them with frozen water bottles, bricks, rocks, rebar... everything including someone's kitchen sink. Those officers are going to be hurt, maybe close to being disabled, but being human, eventually one or more are going to snap. Or it may come down to saving their own life or the life one of their own.

Not wanting to die at the hands of a bunch of lawless brats who were never spanked, one or more of those cops are going to do a mag-dump into the crowd.

When considering how obvious this is, one cannot help but wonder if that is not the goal. It would be an epic PR disaster for law and order.

If it does happen, it will be a huge boost for the rioters trying to overthrow this nation. The lying sacks of waste organic waste material in most of the media are darn sure not going to tell us it was 50 on five situation with those 50 trying to kill those cops. The people rioting will all swear they were just peacefully protesting when those cops unloaded on them. And they will get tons of facetime on national TV for doing so.

I cannot think of anyway to stop it. Frankly, boys and girls, this is as close this nation has been to an actual civil war since the 1860's. I think the people pulling the strings on these protesters may be aiming for that very goal.

Where do you think the nation is? New poll is up.

---------------------------------------------------------------------------------
[1] https://www.usatoday.com/story/news/nation/2020/07/23/portland-protests-mayor-warns-somebodys-going-die/5487981002/

Reed audio

Landlordia

Pinochetus wrote:That is not how jobs are created. The money used to replace things that already existed wasn't just going to sit in the bank to do nothing.

If they were saving money, it was to buy something else. If they dont buy that something else, the job that would have been created is destroyed.

Replacing things that already existed does not improve productivity. And remember this is if the money being spent to replace goods was already saved.

If they did not have money saved, then a loan must be taken to replace the old goods. This loan withdraws income from the future to pay for the full amount, and also requires an interest payment. That future income, plus interest would otherwise have been used to pay workers, business expenses, or for new goods that would have created new jobs. Instead that money is being siphoned onto replacing destruction.

You essentially see a broken window and think "oh boy, jobs for the glass makers," while being oblivious to the fact that this money would have been spent on new technology or capital goods, and now those new jobs providing new capital goods have disappeared, and the shop owner is poorer with nothing new to show for it.

Economics is about the seen vs. the unseen. The glass is seen, the capital goods that were never bought are the unseen.

Yeah but regardless it still creates an economic opportunity that people can benefit. That's just how money cycles in the economy. One person's misfortune is another's fortune. Keeps the economy going instead of being stagnant.

Construction companies, Insurance companies, Clean Up Businesses, and Banks (like you have mentioned) would definitely gain an economic advantage by protesters destroying businesses. Plus, property value would go down in the area for People looking to buy property in the area(Be mindful that my statement here is not taking in the factor of Government intervention with property value).

Now, I wouldn't say it discourages productivity, since productivity starts off small anyway; but I will say it discourages progression of businesses. Their ability to expand and provide better services had been disrupted by such destruction.

This is why I feel neutral on such a matter, because it brings a chaotic good and bad at the same time. Wealth needs to cycle in the economy as well as things need to progress so a neutral stance is all I can take here.

The Pirates of Xyanth

Landlordia wrote:Yeah but regardless it still creates an economic opportunity that people can benefit. That's just how money cycles in the economy. One person's misfortune is another's fortune. Keeps the economy going instead of being stagnant.

Construction companies, Insurance companies, Clean Up Businesses, and Banks (like you have mentioned) would definitely gain an economic advantage by protesters destroying businesses. Plus, property value would go down in the area for People looking to buy property in the area(Be mindful that my statement here is not taking in the factor of Government intervention with property value).

Now, I wouldn't say it discourages productivity, since productivity starts off small anyway; but I will say it discourages progression of businesses. Their ability to expand and provide better services had been disrupted by such destruction.

This is why I feel neutral on such a matter, because it brings a chaotic good and bad at the same time. Wealth needs to cycle in the economy as well as things need to progress so a neutral stance is all I can take here.

ROFL!!!

So going back to Watts (for one example) how do you account for a quarter century of ghost town?

Reed audio

The Matriarchy of Gypsy Lands

New poll in Gypsy Lands. Hurry, 3 days only.

Pinochetus

Landlordia wrote:Yeah but regardless it still creates an economic opportunity that people can benefit. That's just how money cycles in the economy. One person's misfortune is another's fortune. Keeps the economy going instead of being stagnant.

Construction companies, Insurance companies, Clean Up Businesses, and Banks (like you have mentioned) would definitely gain an economic advantage by protesters destroying businesses. Plus, property value would go down in the area for People looking to buy property in the area(Be mindful that my statement here is not taking in the factor of Government intervention with property value).

Now, I wouldn't say it discourages productivity, since productivity starts off small anyway; but I will say it discourages progression of businesses. Their ability to expand and provide better services had been disrupted by such destruction.

This is why I feel neutral on such a matter, because it brings a chaotic good and bad at the same time. Wealth needs to cycle in the economy as well as things need to progress so a neutral stance is all I can take here.

Money invested in new ventures creates more jobs and productivity than money spent on repairs. You missed the central point of my post that you're quoting, and taking a counterfactual position.

The assumption you are making (that is incorrect) is that everyone has money they arent spending and otherwise wouldnt spend unless some disaster comes in and incentivizes them to spend it. This assumption is incorrect, and its causing you to arrive at the incorrect conclusion that disaster is an economic opportunity.

The money spent on repairs is being diverted from other, productive areas it would have been spent on. As an example, if you've ever been broke before and had a surprise bill, say your car needs 2 new tires. That $300 you spend wasn't just sitting around in the bank with no purpose. You probably would have spent it on new shoes, a dentist appointment, a wireless mouse for your laptop, etc. This is all economic activity that does not happen, as the money is diverted to replacing your tires. Economic activity is destroyed and diverted. Their is a reason that we can measure a hurricanes desfruction in economic loss. Replacing something that otherwise would still exist is an economic loss of productivity.

In the example of the broke person needing new tires. If their tires were never slashed, they would have a working car, new shoes, fixed teeth, and a mouse for their laptop and be out $300. But instead they have a working car, shoes with holes in them, a toothache, and theyre still using the touchpad on their laptop, and they are still out $300. If you call that economic productivity it belies a complete lack of understanding for the field of economics. As a whole, the economy is worse off after a disaster.or destruction of any kind.

I live in Houston, there are still areas of the city that never recovered from Hurricane Harvey in 2017 because they could not afford to, and they probably never will. This is the reality whenever any natural disaster hits. Parts of minneapolos will remain burned down husks because they can't afford to start over. These riots are not economic opportunities for growth, neither are hurricanes, earthquakes, nor wildfires. Destruction is a drain on the economy.

Reed audio and Xyanth

The Pirates of Xyanth

Pinochetus nailed it.

Reed audio

In the United Kingdom the BBC is blaming all the violence and destruction on the evil-racist-Umbrela-Man - supposedly the "anti racism protesters" are "peaceful" apart from this one evil "white supremacist" who travels through time and space committing all the acts of violence and destrruction.

Of course the BBC was also the organisation that reported that a poor innocent "anti racism protester" with a girl friend in a wheelchair was shot in Austin Texas - and forgot to mention he was pointing a rifle when he was shot.

Xyanth and Pinochetus

Reed audio

Do not be too hard on people who think that destruction is good for the economy - their ideas are not correct, but they are taught in most schools and universities.

The Pirates of Xyanth

Reed audio wrote:Do not be too hard on people who think that destruction is good for the economy - their ideas are not correct, but they are taught in most schools and universities.

Tell me about it.

Kyrgz stan

Hi im new

Pinochetus

The Pirates of Xyanth

Kyrgz stan wrote:Hi im new

Hi. Should we call you "new" or "Kyrgz stan?"

Landlordia

Pinochetus wrote:Money invested in new ventures creates more jobs and productivity than money spent on repairs. You missed the central point of my post that you're quoting, and taking a counterfactual position.

The assumption you are making (that is incorrect) is that everyone has money they arent spending and otherwise wouldnt spend unless some disaster comes in and incentivizes them to spend it. This assumption is incorrect, and its causing you to arrive at the incorrect conclusion that disaster is an economic opportunity.

No, I said there is an economic opportunity available for people to generate money from such a misfortune brought upon others. I never said they wouldn't spend money on anything unless a disaster comes about. My point about the economy running is that the disasters contributes to the cycle of wealth, not that it runs on it.

Pinochetus wrote:The money spent on repairs is being diverted from other, productive areas it would have been spent on. As an example, if you've ever been broke before and had a surprise bill, say your car needs 2 new tires. That $300 you spend wasn't just sitting around in the bank with no purpose. You probably would have spent it on new shoes, a dentist appointment, a wireless mouse for your laptop, etc. This is all economic activity that does not happen, as the money is diverted to replacing your tires. Economic activity is destroyed and diverted. Their is a reason that we can measure a hurricanes desfruction in economic loss. Replacing something that otherwise would still exist is an economic loss of productivity.

Right here, you are tapping into exactly why I have an issue with them doing that. I know that already, which is why I had said, "Now, I wouldn't say it discourages productivity, since productivity starts off small anyway; but I will say it discourages progression of businesses. Their ability to expand and provide better services had been disrupted by such destruction."

Pinochetus wrote:I live in Houston, there are still areas of the city that never recovered from Hurricane Harvey in 2017 because they could not afford to, and they probably never will. This is the reality whenever any natural disaster hits. Parts of minneapolos will remain burned down husks because they can't afford to start over. These riots are not economic opportunities for growth, neither are hurricanes, earthquakes, nor wildfires. Destruction is a drain on the economy.

And how are they not, there have been plenty of times disasters have been used to encourage some form of innovation to occur to handle the situation, creating an economic opportunity for others to benefit from. Ever heard of earthquake proof beds. Actually the fact that we build brick exterior houses is because they can handle weather conditions like thunderstorms and floods, without collapsing. Thick cotton clothes have been made to handle harsh winter storms. There have been plenty of times disasters have encouraged innovation that brought forth economic opportunity, insurance is also an example of something innovative that came about after dealing with disasters, creating economic opportunity.

The Pirates of Xyanth

Sometimes I think Landlordia is just making this stuff up as he goes along.

Pinochetus

The Republic Empire Colony of Imren

Anyone who doesnt think a Civil War will happen hasnt been paying attention. We're already in a civil war and its only going to get worse. People arent buying record number of guns because of the commie cough

The Pirates of Xyanth

Imren wrote:Anyone who doesnt think a Civil War will happen hasnt been paying attention. We're already in a civil war and its only going to get worse. People arent buying record number of guns because of the commie cough

And ammo. I don't think there is a 5.56 round for sale within a hundred miles of my place.

However, I did buy some more stock in Olin.

Pinochetus

Lol Landlordia, you are hopeless.

I wish I could find more ammo. Havent really gone to the range much since quarantine and only have a few thousand rounds. Dont want to go through them now in case its like this forever. Only 200 hollow points, and 500 green tips.

The Pirates of Xyanth

Pinochetus wrote:I wish I could find more ammo. Havent really gone to the range much since quarantine and only have a few thousand rounds. Dont want to go through them now in case its like this forever. Only 200 hollow points, and 500 green tips.

That's it? You've been negligent in your stockpiling.

The Republic Empire Colony of Imren

Pinochetus wrote:Lol Landlordia, you are hopeless.

I wish I could find more ammo. Havent really gone to the range much since quarantine and only have a few thousand rounds. Dont want to go through them now in case its like this forever. Only 200 hollow points, and 500 green tips.

Those are rookie numbers

Pinochetus

Yeah they are rookie numbers.

I may end up spending quite a bit to get another 1000 rounds of green tips and a few hundred more rounds of buckshot.

Have basically just been hoping ammo prices would fall during this whole year. Last time I bought was in January.

The Constitutional Empire of Zurkerx

Landlordia

Pinochetus wrote:Lol Landlordia, you are hopeless.

Hey look, if you don't see opportunity in it like how I see opportunity in it, I can't help you there. All I'm saying is I see how some can build economically
from that particular situation.

I haven't been in the range in a while either, but I'm going to look into some outdoor ranges. I want to be able to fire any rounds I want.

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