Ownership of Land - Robert LeFevre - Mises Institute

Currently in the United States, although we praise private ownership of the land as the bulwark of our system of land ownership, the taxes levied actually perpetuate a kind of collectivity in ownership. The social group — the city, county, or state — collects a fee for the use of the land. The governing body has a prior lien upon any property where the fee (tax) has not been collected. In this sense, all "privately" owned land in the United States is fundamentally owned by the collective. This practice, aided by the customs of eminent domain, central planning, and zoning, emphasizes that we still pay tribute to the primitive system of collective land ownership.

I refuse to get my hopes up. I just can't put myself through it. Not again.

The Banks: [singing] I like to be in America, OK by me in America, everything free in America...

Bernanke: [singing] For a small fee in America!

Juvenal Delinquent wrote:

The Banks: [singing] I like to be in America, OK by me in America, everything free in America...
Bernanke: [singing] For a small fee in America!

Debt Side Story?

Juvenal Delinquent (profile) wrote (in reply to...) on Tue, 3/16/2010 - 11:59 am
About 20 years ago, my partner and I were on the sidewalk in front of our retail store in Santa Monica, and Oliver Stone and some other guy comes walking by, and Oliver Stone says to the other guy and points to our store: "See this business, they'll go broke in 6 months"

The one on Lincoln, or the one on Cloverfield?

The three banks hold almost 30% of Puerto Rico's $62 billion of deposits,

This won't be pretty.
If this news hits the streets (main street), will people take their money out of those banks before Friday? Could be interesting.

Anyone for some Does the FDIC Order Anchovies? topped with plantains and morcilla?

josap wrote:

This won't be pretty.
If this news hits the streets (main street), will people take their money out of those banks before Friday? Could be interesting.

Kris Abel's Tech Life | Can You Survive The Bank Run? Interactive Movie Offers Video Game Experience

josap wrote:

The three banks hold almost 30% of Puerto Rico's $62 billion of deposits,

Greece, junior?

Economically, Puerto Rico has recently seen its credit rating downgraded to Baa2 by Moody's Investor Services with the possibility of more downgrades happening in the near future.[54] This has led to fiscal measures to reduce government spending, increase revenues and balance the budget, and the implementation of a 7% sales tax.

History of Puerto Rico - Wikipedia, the free encyclopedia

The bank run if it comes, will run silent, run deep, on the internet.

I mentioned what a clusterfark the Philippines was a century ago, and of course we got Puerto Rico and Cuba as well...

How'd it turn out, American Imperialism?

Cinco-X wrote:

This practice, aided by the customs of eminent domain, central planning, and zoning, emphasizes that we still pay tribute to the primitive system of collective land ownership.

LeFevre should look north to Canada, where close to 90% of land is publicly owned. While I'm a firm believer in the necessity for property rights, his analysis is a little myopic.

"When the dirt farmers moved in, fenced off plots for agricultural purposes, and laid claim to the unclaimed prairies, the cattlemen took up their Winchesters to defend property which they had already indicated was not their own. In the exchange of hostilities, the permanent settlers won the argument for they demonstrated that a negative claim to non-ownership by anyone is inferior to a positive claim by someone. The cattlemen retaliated, belatedly, by fencing off hundreds of thousands of acres so that grazing lands could be preserved for themselves.

Had they done this originally, the prairies would probably not have been eroded by the plow, and the development of the central and western plains would have taken on an entirely different complexion than they wear today. It is reasonable to assume that in this case, the development of periodic dust bowls and the defoliation of the prairies might not have occurred, at least on the present scale."

The dustbowls would have happened regardless. If there was more money in plowing the land and planting crops, many of those open-range cattlemen would have turned over the sod to plant their own wheat. There was plenty of degradation in private woodlots in the area surrounding lake Michigan that showed the short-sightedness of private-property owners in optimizing the long-term use of a resource.

I'd suggest "Nature's Metropolis" as an excellent starting point to understanding historical prairie and woodlot development in the Midwest. It's very interesting, and the historical CBOT discussion was fascinating to me.

Break the law and your new 'friend' may be the FBI - Yahoo! Finance

Facebook feds go undercover: Document shows federal agents dipping quietly into social media

I guess there's no need for a warrant on the internet, and just an illusion of privacy...

marketwatch news bulletin

Crude rallies 2.5% following Greek-credit-rating affirmation

damn greek taxi drivers! running up oil so we all suffer....

What? No fancy words in the bank names... like, "Sovereign", "National", "Security" or "America" ?? No wonder they are failures.

Cinco-X wrote:
I guess there's no need for a warrant on the internet, and just an illusion of privacy...
If it is possible, and it is legal, it has probably been done already if the technology exists. We no longer exist in a primarily legal world but in a technical one, where law is shaped only in retrospect.

noob goldberg wrote:

LeFevre should look north to Canada, where close to 90% of land is publicly owned. While I'm a firm believer in the necessity for property rights, his analysis is a little myopic.

I believe what he's saying is that in reality, 100% of the land here is owned by "the collective" and our taxes merely constitute the rent. We have plenty of actual publicly owned land here too; IIRC, most of the state of Nevada is owned by the Feds.
Public Lands Maps

The FDIC closed down Park Avenue Bank on a Thursday, very unusual behavior for the Bair which project, and it turns out we got our first perp walk out of it, albeit only a $11 million dollar minnow...

Might we see more BFM, BFT and BFW's?

Cinco-X wrote:

Facebook feds go undercover: Document shows federal agents dipping quietly into social media
I guess there's no need for a warrant on the internet, and just an illusion of privacy...

Frist, I have this really funny visual of FBI agents trolling FaceBook for new "friends". And getting paid for the "job".

Secondly posting on the internet are public and there has only been the illusion of privacy in this country for many years now. (Think J Edgar)

Love amarillos at breakfast. Are plantains available everywhere now?

....Looks like I picked the wrong week to quit sniffing insolvency.

josap wrote:

Frist, I have this really funny visual of FBI agents trolling FaceBook for new "friends". And getting paid for the "job".

No; I'm Cinco-X, and have no relation to the Bill Frist, though I do register as a Republican.....

A good friend of my is in PR now and she works for a big multi-national bank [IT operations]... but the only thing she's looking into buying contains rum. Not sure that helps Sheila much.

Senator Ted Kaufman (D - DE) will deliver a speech today
Daily Kos: The Dam Breaks: Sen. Kaufman Outs Wall Street
Under the guise of "free markets" and "deregulation," the United States has been laid bare to corruption and pillage of a scale never seen in history. The political leadership of the country, both the Republican and Democratic parties, first enabled this rape with legislation that dismantled regulatory structures that had kept capitalism's worst excesses contained for 50 years. Then these politicians used precious resources to preserve finance capitalism when it managed to destroy itself in the fall of 2008. Now they conspire to keep the truth from the American people about the savage ruthlessness and widespread corruption of the multinational power elite known by the shorthand of "Wall Street."

Cinco-X wrote:

I believe what he's saying is that in reality, 100% of the land here is owned by "the collective" and our taxes merely constitute the rent.

Fair enough, but that's getting into a bit of a nebulous description of ownership. I guess in his mind it's not true ownership if there are any maintenance fees associated with an object.

But I see what you're saying.

burnside wrote:

Love amarillos at breakfast. Are plantains available everywhere now?

When I was a kid, a 6-pack and an armadillo was called a Central Florida 7 course meal.....

noob goldberg wrote:

But I see what [he's] saying.

Fixed It For Ya

Americans' Mistrust of Govt. Is Rational and Warranted, But Also Dangerous

A recent CBS/NY Times poll showed only 19% of respondents say they trust the government "to do what is right all or most of the time," while 78% believed the government is run by special interests, not for the benefit of the people.

Cinco-X wrote:

But I see what [he's] saying.

Heh, of course. Apologies.

. . . while three per cent merely stared at the pollster in silence, coldly.

FDIC, please look who did the rape of these banks, and to whom was the satisfaction given, the rapist or the person or persons that put the victim in harms way. Just not buying it.

*****Sitting in his University computer lab*******

****Phone rings*****

Me: Hello?
Morpheus: Hello, Biochemist. Do you know who this is?
Me: Morpheus?
Morpheus: Yes. I've been looking for you, Biochemist. I don't know if you're ready to see what I want to show you, but unfortunately, you and I have run out of time. They're coming for you, Biochemist, and I don't know what they're going to do.
Me: Who's coming for me?
Morpheus: Stand up and see for yourself.
Me: What, right now?
Morpheus: Yes, now.

****Looks and sees that 60% of the people here are on Facebook*****

l Black Swan FALLING OVER CURBSLL

LUnch swill was moderately edible.

Cinco-X wrote:
while 78% believed the government is run by special interests, not for the benefit of the people.
Father, the sleeper has awakened!! Oh, never mind, Idle American is on tonight and I just finished my fat- and carbohydrate-laden processed fast food meal... Time for a nap. The Blue Pill

edit: Sorry, Dad...

Cinco doesn't seem to ever have his own opinion.

I would add the word "temporarily" before the "avoids" to be more precise as the country will be downgraded anyways in the next 3 months or so as it will need to raise over 40b Euros to survive...

I'll Bid....5 oz of Silver.....nothing more. Tongue

ResistanceIsFeudal wrote:

Oh, never mind, Idle American is on and I just finished my fat- and carbohydrate-laden processed fast food meal...

I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when my fear is gone I will turn and...OMG, someone brought Krispy Kreme!!!

LL, hope the pain meds are still working. You do no for most peasants, surgery is done by way of drive thru.

shill wrote:

Encore Bank pulls out of Florida

Again?

shill wrote:

Encore Bank pulls out of Florida - Tampa Bay Business Journal:

The pull out method is not reliable.

Sure, put up a fence and say it's your private property. Why do you have to pay taxes? But some army beat back the natives and the Axis, and you owe them. Why do you have to share your god-given water rights.

My Head Just Exploded

The pull out method is not reliable.

That is why they have the Morning after Does the FDIC Order Anchovies?

Big smile

How to know if your country is the next Greece - Mar. 8, 2010

Over the last few years we have had a near perfect storm for the creation of fiscal liability and default risk. A recessionary global economy has led to dramatically reduced tax revenues to fund budgets. In addition, stimulus initiatives, with the objective of increasing employment and reaccelerating growth, cost real money. So, in effect, as revenues decline due to slowing economic growth, nations have actually been ramping up costs, at least in the short term, due to one time stimulus programs.

I just had a Jas sighting on another blog...

creditcriminalslovetarp wrote:

marketwatch news bulletin
Crude rallies 2.5% following Greek-credit-rating affirmation
damn greek taxi drivers! running up oil so we all suffer....

INO Equities Stocks Indexes - U.S $ INDEX (NYBOT:DX) Price Chart and Quote

Juvenal Delinquent wrote:

I just had a Jas sighting on another blog...

Thanks for the warning; which site should I avoid?

Cinco-X wrote:

IIRC, most of the state of Nevada is owned by the Feds

Alaska has you all beat hands down on that score

noob goldberg wrote:

LeFevre should look north to Canada, where close to 90% of land is publicly owned. While I'm a firm believer in the necessity for property rights, his analysis is a little myopic.

noob - I've been all over central Canada too - just because its 'public' doesn't mean its a public good. I've been to mine sites in N Manitoba where the land was 'owned' by the crown but mineral lease was to a big MNC - it was as raped there as any neglected privately held mine site I've ever seen in the US - east or west.

My bitch with both sides [libertarians & socialists alike] is that big corps & big gov't [together or either alone] BOTH find it easy to rape remote sites if no one is watching - and rarely does anyone watch - especially if their income is enhanced by not watching.

we still pay tribute to the primitive system of collective land ownership.

No, dummy, it's the individual's claim to absolute ownership independent of collective humanity that's primitive.

Now the Galt types want to believe they created nitrogen.

Juvenal Delinquent wrote:

I just had a Jas sighting on another blog...

There are other blogs???

energyecon wrote:

Alaska has you all beat hands down on that score

I'll take your word for it; is that in % of the state owned or in total acreage owned?

iCAN'T IMAGINE WHAT ALL THIS IS COSTING. sorry for the all caps. Liz breaks health care bank all by herself! Glad this happened before any mad max scenerio

Add to previously mentioned; Churches are typically exempt from property taxes...another form of favoring a collective over the individual.

Cinco-X wrote:

I'll take your word for it; is that in % of the state owned or in total acreage owned?

I'll take both for $500 cinco! Wink

Serioiusly, I do believe it is both but need teh Google to document... justa sec

edit: quick snip, no comparative stats
Public Lands in Alaska

dryfly wrote:

noob - I've been all over central Canada too - just because its 'public' doesn't mean its a public good. I've been to mine sites in N Manitoba where the land was 'owned' by the crown but mineral lease was to a big MNC - it was as raped there as any neglected privately held mine site I've ever seen in the US - east or west.

My bitch with both sides [libertarians & socialists alike] is that big corps & big gov't [together or either alone] BOTH find it easy to rape remote sites if no one is watching - and rarely does anyone watch - especially if their income is enhanced by not watching.

I agree 100%, dryfly. My point, which I didn't clarify very well, was that it really doesn't make much of a difference either way. It just seemed like a really contrived argument, when an easy example was just north of the border.

My biggest issue is the simplicity of the grazing/cropping argument. It simply doesn't match my understanding of historical agricultural interactions.

Watching the price of oil go up always gives me a certain sense of dread.

Come on, demand destruction. Show your pretty face.

LL,

Hope you are feeling better, and make sure you ask for an itemized invoice of what everything is going to 'cost' you...

How long do you expect to be in the hospital?

lawyerliz wrote:

iCAN'T IMAGINE WHAT ALL THIS IS COSTING. sorry for the all caps. Liz breaks health care bank all by herself! Glad this happened before any mad max scenerio

Liz, Liz, Liz. We are coming up on the 2 year of my quadruple bypass. Your little hip thingy wouldn't match my admit costs. Now get better but make sure to save a few of the pink pills they send home with you. THey don't cell them "perkies" for nothing. A Very Expensive, Fragrant, and Colorful Floral Bouquet

1 currency now -yogi wrote:
Now the Galt types want to believe they created nitrogen.
There are companies that hold patent rights on genetic code they only discovered and had no hand in creating. The system is insane.

LL.

whatever the cost, it will be more than you thought it would be. Sad

Take care and enjoy the meds.

energyecon wrote:

I'll take both for $500 cinco!

If you win, you'll get $500 in Zimbabwe currency. Send me a SASE Wink
(Just kidding; it's not worth it for either of us)

Hey! New idea. We make a game like monopoly, but use real Zimbabwe money as the game currency and various failed states as the real estate on the board! Wink

don't get me started on grazing rights. it's a wonderful hike in a national park (bryce) when you wander upon some poor cattle farmer's herd eating all the vegetation.

Cinco-X wrote:
We make a game like monopoly, but use real Zimbabwe money as the game currency and various failed states at the real estate on the board!
The only one who wins that game is the banker. But just in case, I'll take the US in 2020 if it has a board space.

Cinco-X wrote:

Hey! New idea. We make a game like monopoly, but use real Zimbabwe money as the game currency and various failed states at the real estate on the board!

Cool, the game would sell well. Really, it would sell. Could be the "hot" game for 2010 holidays.

Outsider wrote:

Watching the price of oil go up always gives me a certain sense of dread.
Come on, demand destruction. Show your pretty face.

Staring you in the face: natgas. Be sure to look at a few charts.

I have absolutely no freaking idea what kind of nonsense is going on in the oil markets. I do know that the facts match the natgas trades.

noob goldberg wrote:

And when my fear is gone I will turn and...OMG, someone brought Krispy Kreme!!!

+1 New Keyboard

So Liz - what happened - I was on the road all day yesterday.

looks like it's still above 50ma on 3 month chart....on 1 month It looks spooky similar to movement on last fed day...naww thats natural market forces.... Big smile

Cinco @ 11:02
Maybe we should return to the Native American way -- nobody owns a part of mother earth, but we can all use her so long as we don't molest her or destroy others rights to use her. After all, what do I really own when I own -- for example -- a condo? A three dimensional piece of air, several hundred feet above the ground? How is this essentially different from the "ground" ownership which you describe?

josap wrote:

Cool, the game would sell well. Really, it would sell. Could be the "hot" game for 2010 holidays.

I really doubt it; today's kids are too networked to bother with a board game. It'd just be a novelty....Wink
But hey! If you've got a business plan that shows a way to make money, let's go for it....

The game board could look like Risk. You buy a country by using lobbyist. Once you own a country you "short" other currancies.

Possible "Chance" cards could be Moody's downgrades.

Ethan wrote:

Maybe we should return to the Native American way -- nobody owns a part of mother earth, but we can all use her so long as we don't molest her or destroy others rights to use her. After all, what do I really own when I own -- for example -- a condo? A three dimensional piece of air, several hundred feet above the ground? How is this essentially different from the "ground" ownership which you describe?

Native American tribes were essentially extended families. If another tribe invaded you land, you either had to fight them, move away of risk starving. I like the idea of holding a title-

The local indians here didn't have any property rights aside from oak trees, which supplied 2/3rds of their diet in acorns...

Rob Dawg wrote:

I have absolutely no freaking idea what kind of nonsense is going on in the oil markets.

Central bank money printing.

Cinco-X wrote:

Hey! New idea. We make a game like monopoly, but use real Zimbabwe money as the game currency and various failed states as the real estate on the board!

That might just have legs...instead of "Go To Jail" its "Mad Max"!

Juvenal Delinquent wrote:

The local indians here didn't have any property rights aside from oak trees, which supplied 2/3rds of their diet in acorns...

Were the acorns preprocessed by squirrels, or made into bread?

Cinco-X wrote:
I like the idea of holding a title-
From whence the concept of "entitlement" ... sorry to pee on the parade...

Rob Dawg wrote:

I have absolutely no freaking idea what kind of nonsense is going on in the oil markets. I do know that the facts match the natgas trades.

'Tis a curiousity to behold.

energyecon wrote:

That might just have legs...instead of "Go To Jail" its "Mad Max"!

LOL; I was snarking, but you and Josap are making me rethink it Wink

Uncle Ar wrote:

don't get me started on grazing rights. it's a wonderful hike in a national park (bryce) when you wander upon some poor cattle farmer's herd eating all the vegetation.

And it doesn't have to be that way - there are practices that provide both high animal/acre without over grazing [like rotational grazing]... but the 'operators' have to 'manage' the assets - they can't be absentee sit-on-ass back in Chicago and just dump cattle on the land - collect later. Somebody needs to actually MOVE the cattle so they don't just sit in one spot and eat down to dirt before moving on.

Just one example. Almost every industry I've been associated with has examples like this.

Cinco-X wrote:

Native American tribes were essentially extended families. If another tribe invaded you land, you either had to fight them, move away of risk starving. I like the idea of holding a title-

Aboriginals had no qualms about implementing property rights when it came to trapping animals after the Europeans came and provided the demand.

Ethan wrote:

Maybe we should return to the Native American way

Unfortunately--this plan didn't work out so well for the Native Americans.

Juvenal Delinquent @11:12

You forgot Guam. Also, by returning to organic and urban agriculture, Cuba -- free of corporate and soviet farming techniques -- is doing much better, foodwise, in the last few years.

ResistanceIsFeudal wrote:

From whence the concept of "entitlement" ... sorry to pee on the parade...

Interesting; is that from when the English Lords forced the peasants off the land?

out tomorrow I hope. blue cross/blue shield is paying; thru nasa. thanks taxpayers. I suspect all ouyr years of paying won't add up to the costs. the arrangement is aS HIERARCHICAL AS THE ARMY. maybe more so. You ask for something simple minded and an underling is called. I don't think the drs have heard of a bedpan Which is fine but means they never look at any urine. Which used to be thought useful.

energyecon wrote:

Rob Dawg wrote:
I have absolutely no freaking idea what kind of nonsense is going on in the oil markets. I do know that the facts match the natgas trades.
'Tis a curiousity to behold.

The shock and awe that follows will be spectacular. Will it be a doubling of natgas or a halving of oil? I know which it should be but we are playing Calvinenergy with players who -only- know how to cheat.

Made into bread mostly...

The fallback food was buckeye nuts, when the acorn harvest was bad.

dryfly wrote:

And it doesn't have to be that way - there are practices that provide both high animal/acre without over grazing [like rotational grazing]... but the 'operators' have to 'manage' the assets - they can't be absentee sit-on-ass back in Chicago and just dump cattle on the land - collect later. Somebody needs to actually MOVE the cattle so they don't just sit in one spot and eat down to dirt before moving on.

Well managed grazing areas can and should be much healthier for the vegetation and the grazing/browsing animals. Fewer parasites, healthier vegetation, reduced risk of fire, etc. More labor intensive as you correctly point out.

1 currency now -yogi wrote:

Sure, put up a fence and say it's your private property. Why do you have to pay taxes? But some army beat back the natives and the Axis, and you owe them. Why do you have to share your god-given water rights.

Sure and then you have situations like this

As LI eminent domain use rises, resistance grows

""To muscle a person into selling their structure - a home, a business, whatever it might be - is wrong," said Jay Oberlender, 44, who is suing Hempstead to prevent the town from forcing him to sell his Elmont property, which is home to six businesses. The town wants the land for a developer to build a supermarket.

Planners, officials and builders, however, said negotiations between owners and developers to purchase land don't always work and eminent domain is necessary for progress.

"It can be a useful tool to get to the finish line," said Michael White, executive director of the Long Island Regional Planning Council.

Cinco-X wrote:
Were the acorns preprocessed by squirrels, or made into bread?
We thought the squirrels saved and guarded the acorns for us, which was a valuable service, so we paid them a few in compensation. Little did we realize they were actually lending them to others out the back of the tree, then scrambling like mad when it came time for our withdrawals.

Mike in Long Island wrote:

""To muscle a person into selling their structure - a home, a business, whatever it might be - is wrong," said Jay Oberlender, 44, who is suing Hempstead to prevent the town from forcing him to sell his Elmont property, which is home to six businesses. The town wants the land for a developer to build a supermarket.
Planners, officials and builders, however, said negotiations between owners and developers to purchase land don't always work and eminent domain is necessary for progress.

Progress = greater tax revenue
in these cases. Not sure I'd necessarily call it progress.

Mike in Long Island wrote:

Elmont property, which is home to six businesses. The town wants the land for a developer to build a supermarket.

Progress = tear down/shut down 6 businesses, to build 1 business.

So long as they stick to trying to dupe people into accepting 'friend' invites from sources they don't really know, this kind of snooping is easily foiled. I'm sure there are people who just accept any and all friend invites on Facebook, but I've turned down plenty.
On the other hand, I Tinfoil Hat think it's entirely possible that they've gained full access to all of the data on those sites, and that this article is just a plant to make people feel like they're safe so long as they keep control of their friend list... Tinfoil Hat

Do the banks come with rum?

Cinco-X wrote:
Interesting; is that from when the English Lords forced the peasants off the land?
possibly... now it's just used as a general term for rights granted by legislation

The Federal Reserve as Piggy Bank - Real Time Economics - WSJ

The New U.S. Government Off Balance Sheet Scam

Dodd just managed to get himself on the evil bastard list.

Mike in Long Island wrote:

"It can be a useful tool to get to the finish line,"

And if that tool doesn't work, they plan to shoot the structure owners, because guns are the most useful tool.

Juvenal Delinquent wrote:

How'd it turn out, American Imperialism?

Hawaii is quite nice.

Cinco-X wrote:

If another tribe invaded you land, you either had to fight them, move away of risk starving. I like the idea of holding a title-

No, you like the idea of your tribe fighting off the native tribes with better germs and then distributing title forever after. Just because they didn't write things down doesn't mean the natives didn't have titles and treaties.

Cinco-X wrote:

Native American tribes were essentially extended families. If another tribe invaded you land, you either had to fight them, move away of risk starving. I like the idea of holding a title-

Not true. There were lots of arrangements. It just depended.

Out on the plains the Lakota-Oglala-Hunkpapa [all bands of what we call the Sioux] co-existed with a number of other very different tribes [like the Mandan] on the same turf at the same time - they used it differently & [sort of] co-operated... Mandan were more sedentary farmers [in the river valleys] & Dakota far more mobile & 'nomadic'. Meanwhile N Cheyenne also inhabited the same space as the Dakota & also nomadic - they both wandered about on the Great Plains.

Farther east the turf was far more contested - the Ojibwa & Dakota fought fiercely over the wild rice marshes of NW Minnesota for a hundred years or more - Ojibwa eventually winning pushing the Dakota farther out onto the plains.

Point is [as always with people & history] - it depends.

Elvis wrote:

And if that tool doesn't work, they plan to shoot the structure owners, because guns are the most useful tool.

To be clear - those aren't my words - rather a quote from an article I linked to. I'd call it theft in the example cited but clearly I'm not seeing the bigger picture.

1 currency now -yogi wrote:

Just because they didn't write things down doesn't mean the natives didn't have titles and treaties.

"If they didn't write things down, they are animals and lack they capacity to own land." At least, that is allegedly what Bob Toll says.

SPOOL wrote:

Insolvencia.

Banco Ruptular

lawyerliz wrote:

thanks taxpayers.

Happy to oblige, especially for someone who understands the need for a social compact.

The Chumash (Dawgma's tribal hood) were the mint-masters of money in California, the money being shells made into bracelets and necklaces...

https://eee.uci.edu/clients/tcthorne/anthro/yurokwomanwithshellbeads.jpg

dryfly wrote:

Ojibwa eventually winning pushing the Dakota farther out onto the plains.

Shhh. This threatens our carefully constructed "Chief Iron Eyes" mythos of the noble savage and steward of the lands who peacefully welcomes European seekers of religious freedom.

Rob Dawg wrote:

This threatens our carefully constructed "Chief Iron Eyes" mythos of the noble savage and steward of the lands who peacefully welcomes European seekers of religious freedom.

The nicest tribe was the Comanche. They burned you out of love.

Juvenal Delinquent wrote:

The Chumash (Dawgma's tribal hood) were the mint-masters of money in California, the money being shells made into bracelets...

alum.

cheif iron eyes was about litter....and most of everyone forgot about that shit...

a great majority of americans are lazy nature ruining littering whores....

I hate litterbugs more than the fed....

dryfly wrote:

Out on the plains the Lakota-Oglala-Hunkpapa [all bands of what we call the Sioux]

My ancestors came all the way from Scandinavia for the title to "free" forty acre homesteads near the Black Hills of South Dakota. Imagine that! Free land! That Uncle Sam--he was sooooo generous!!!

Juvenal Delinquent wrote:

the mint-masters

The tribe of York were also mint masters. Pepper mint masters.

I've been to about half a dozen Chumash cave painting sights in your neck of the woods...

Painted Cave Art of the Chumash Indians

homesteads near the Black Hills of South Dakota

Isn't that where rocky raccoon lived?

creditcriminalslovetarp wrote:

I hate litterbugs more than the fed....

Call the exterminator. Hank Paulson hasn't killed enough people since his days as Hitler during WW II.

Ooh. Pearl. Mine too. My g'father was one of those 40 acre S.D. homesteaders who finally left in the dustbowl.

I have a photocopy of an old photo of him hanging out with some Sioux. Pretty cool.

The Dow's just lazily drifting down, waiting for the mid-afternoon 40 point spike.

What's odd over the past few days is the bearish tendency of the HFT robots when volume dries up; a few weeks ago these lulls would invariably trend upward.

a great majority of americans are lazy nature ruining littering whores....

Remember this commercial?
Pretty powerful.

Outsider wrote:

old photo of him hanging out with some Sioux.

Are you sure they aren't Lakotas?

Rumor going around that the US may not label China a currency manipulator in return for Chinese support of US policy concerning Iran.

Today's financial weather forecast: Shilly

[ Obama aides see ‘extended period’ of unemployment]

(http://www.housingwire.com/2010/03/16/obama-aides-see-%E2%80%98extended-period%E2%80%99-of-unemployment/?utm_source=rss&utm_medium=rss&utm_campaign=obama-aides-see-%25e2%2580%2598extended-period%25e2%2580%2599-of-unemployment)

"
Tuesday, March 16th, 2010, 12:00 pm

Source: Bloomberg

US employers won’t hire enough workers this year to lower the jobless rate much below the level of 9.7% reached in February, three Obama administration economic officials said today.

The proportion of Americans who can’t find work is likely to “remain elevated for an extended period,” Treasury Secretary Timothy Geithner, White House budget director Peter Orszag and Christina Romer, chairman of the Council of Economic Advisers, said in a joint statement. The officials said unemployment may even rise “slightly” over the next few months as discouraged workers start job-hunting again.

“We do not expect further declines in unemployment this year,” the officials said in testimony prepared for the House Appropriations Committee. They predicted the economy would add about 100,000 jobs a month on average — not enough to bring the jobless rate down substantially.
"

About 3m exhaust their UE benefits end of March. Also 1 in 4 in California now w/o health insurance.

Outsider wrote:

I have a photocopy of an old photo of him hanging out with some Sioux. Pretty cool.

Apparently such things were still going on in the 60's and 70's, but in Brazil instead of the midwest. I've heard stories about guys who placated the local aboriginal rain-forest tribes by various methods in order to avoid making them murderously angry about cropping their land.

Uncle Ar wrote:

Isn't that where rocky raccoon lived?

Hmmm...maybe Rocky Raccoon was Swedish?

SNAFU wrote:

Also 1 in 4 in California now w/o health insurance.

Who needs health insurance? Just don't pay your medical bills.

Juvenal Delinquent wrote:

Today's financial weather forecast: Shilly

It's fun to watch randomness. Like laying on the pavement, watching oilspots radiate outward in a pothole.

noob goldberg wrote:

It's fun to watch randomness

Like watching GWB speak without being prompted.

Comrade Elmer Fudd wrote:

What’s Killing the Great Forests of the American West?

Yet another reason to let wildfires burn, instead of constantly suppressing them.

Eminent domain for "private" ((for-profit) development is thorny. The differences between public and private property are not as clear as we'd like to believe. Forcing a business owner to sell so that a town can have a supermarket sounds unfair, and probably involves some shady dealing. But what if it were for a hospital?

We don't want hospitals that are strictly concerned with investor profit, but we want hospital workers to be motivated by profit for better performance and the threat of competition.

Even a supermarket has elements of a public good. Urban planning stinks- no urban planning is much worse.

Elvis wrote:

Like watching GWB speak without being prompted.

Speaking of stream-of-unconsciousness, I found out yesterday that my voicemail has a five-minute limit before it cuts off a caller. It took that caller 4.5 minutes to finally give the call-back number, and in that period of time she said absolutely nothing of value.

Watch what happens 25 seconds into this speech, when the teleprompter goes down...

His eyes are desperately looking for something to read off of, and it looks like he wants his mommy~

YouTube - Bush Blooper - False Start, Immigration Speech, May 15, 2006

Elvis wrote:

SNAFU wrote:
Also 1 in 4 in California now w/o health insurance.
Who needs health insurance? Just don't pay your medical bills.

It is time to stop this meme before it gets out of hand.

Almost one quarter of people not eligible for Medicare at some time during the last year were not insured. There, that doesn't sound as scary now does it? Especially when you understand the demographics and mathematics of CA are such that the lower limit is probably around 15%.

1 currency now -yogi wrote:

But what if it were for a hospital?

Hospitals are full of crying people on drugs. Much like the ghetto. They need to be eminent domained for bulldozer factories.

Are you sure they aren't Lakotas?
.

I don't think so. The Sioux were mostly confined to reservations in SW S.D. at that time, altho they were also permitted to live off-reservation. They were wards of the govt.

Or so I understand.

Outsider wrote:

Ooh. Pearl. Mine too. My g'father was one of those 40 acre S.D. homesteaders who finally left in the dustbowl.

Maybe we're related. My grandmother's middle name was Reliance--because she was the first non-native born in Reliance, SD. But they gave up the farming idea far before the dustbowl. Most of them ended up in Sioux City, IA. I have a picture of some relatives with the statue of War Eagle, does that count? Laughing out loud

Elvis wrote:

They need to be eminent domained for bulldozer factories.

That would kick-start the moribund manufacturing sector.

I remember it well...The problem is most dont...I was out in the middle of nowhere last week and found litter....I mean an hour quad ride and then 4 miles back into nowhere....

Seen it in the Sierras, Redwoods, Rockies, Cascades etc. etc etc...

If police would crack down on litter whores they could pay thier pensions over and over again....

creditcriminalslovetarp wrote:

Crude rallies 2.5% following Greek-credit-rating affirmation

Think it's the Iran silliness again.

creditcriminalslovetarp wrote:

If police would crack down on litter whores they could pay thier pensions over and over again....

I was parked on the side of the road in a tractor trailer eating my lunch, and had a car pull up half a mile in front of me (just far enough that I couldn't see the license plate). The fellow got out, opened the trunk, and threw two bags of garbage into the ditch. He look at me, smiled, and got back in the car and drove away.

The entrance to the town dump was 500 feet behind my truck.

There's parts of the national parks were you can't put a shovel into the ground without finding something.

You just need to go deeper into the backcountry...

In perhaps 5,000 miles of walking in the Sierra, maybe i've brought out a daypack's worth of trash in total, it's clean as a whistle 10 miles into the back of beyond

shill wrote:

The pull out method is not reliable

I am also given to understand that, with banksters, early withdrawal may lead to loss of interest

Pearl - My grandfather homesteaded in Mellette County. I'll have to search for the name of the town, but it sure doesn't seem far from Reliance. (I see here it was a 160 acre parcel, actually)

Ah. It was near White River, which would have been a distance of about 80 miles in today's interstate.

Maury the Credit Responsibility Panda wrote:

I am also given to understand that, with banksters, early withdrawal may lead to loss of interest

And being overdrawn can be taxing on the holder The Blue Pill

Juvenal Delinquent wrote:

Watch what happens 25 seconds into this speech, when the teleprompter goes down

Ouch. That's positively painful to watch.

ResistanceIsFeudal wrote:

There are companies that hold patent rights on genetic code they only discovered and had no hand in creating

And you are often obligated to buy seeds year after year from them alone. Monopoly on profit implies a single point of failure.

noob goldberg wrote:

Speaking of stream-of-unconsciousness, I found out yesterday that my voicemail has a five-minute limit before it cuts off a caller. It took that caller 4.5 minutes to finally give the call-back number, and in that period of time she said absolutely nothing of value.

Pet peeve of mine. People who either a: don't leave a call back number or b: say it so fast that you have to listen to the message repeatedly to find out the number. Personally, neither the a or b type get a call back from me unless they are returning my call - in which case I already know their number.

JD,

I go pretty deep in....10 miles is a 2 hour hike with my friggin mountain goat friend hikers..
Found it there too....I pack it out....but tired of the lazy littering

4 miles of walking after a 15 mile quad ride in the middle of the Arizona desert....still find it....

Watch it again and focus only on his eyes, there's real terror going on within...

So when is the Fed non-event announcement going to spike the forward looking markets that yea and verily have already priced everying that could possibly happen in?

Outsider wrote:

I don't think so. The Sioux were mostly confined to reservations in SW S.D. at that time, altho they were also permitted to live off-reservation. They were wards of the govt.
Or so I understand.

Lakota are 'Sioux' - as are Oglala, Hunkpapa, Mdewaketon - etc. All are 'bands' & part of a greater 'Dakota Nation' - Sioux is a term 'we' used to called them. They still use it - sort of - not the preferred name for the tribes.

Oh. Well, learn something new every day.

Smile

[Who would think you'd learn about different bands of indians on an econ blog?]

energyecon wrote:

So when is the Fed non-event announcement going to spike the forward looking markets that yea and verily have already priced everying that could possibly happen in?

At 2:16 EDT, followed by a mirror-image spike reversal at 2:21.

Or maybe it's the other way around. I seem to have mislaid the memo.

Mike in Long Island wrote:

People who either a: don't leave a call back number or b: say it so fast that you have to listen to the message repeatedly to find out the number.

I'm type 'B' when I don't want people to call me back, like a machine-gun. My number-dictation cadence is probably annoyingly slow to people of whom I do want a response. I can imagine them beginning to twitch while I slowly enunciate each number..."SAY THE NEXT DIGIT, NOOB, I DON'T GOT ALL DAY".

But this message I listened to merely out of morbid curiosity. I figured she would eventually get to the point, but by the time it was done I realized that she simply said whatever darned thing flitted into her head. Since the machine cut her off, for all I know she kept talking for another 10 minutes until the dial-tone kicked in.

The Ron Suskind book on Paul O'Neill reads like a horror story of how little there is in Bush II's head.

Gradually, bit-by-bit, as policy people flail around trying to make policy, it becomes apparent that Cheney has morphed from broker to ideologue, and is pulling the strings.

The thing about litter is if people see it on the ground, for a lot of folks it gives them carte blanche to do the same.

Yalt wrote:

At 2:16 EDT, followed by a mirror-image spike reversal at 2:21.

Or maybe it's the other way around. I seem to have mislaid the memo.

Oh lookie, I remembered to wear my Brown Pants today. How fortunate.

Juvenal Delinquent wrote:

Watch it again and focus only on his eyes

I knew it! JD is CIA--he's trying to torture us! (But I have to say--it's working, JD. I'll tell you everything--just don't make me watch that again!) Wink

noob goldberg wrote:

by the time it was done I realized that she simply said whatever darned thing flitted into her head. Since the machine cut her off, for all I know she kept talking for another 10 minutes until the dial-tone kicked in.

She was probably either updating her facebook page or texting her friend about going shopping while she was leaving you a voicemail - oh and she was in the drive thru of a Starbucks behind the wheel of a Yukon at the same time.

A client of mine has been trying to take a chunk of inheritance money out of PR for litterally years. Allegedly tied up in the courts. Who knows?

Juvenal Delinquent wrote:

The thing about litter is if people see it on the ground, for a lot of folks it gives them carte blanche to do the same.

Broken window theory. I have to reiterate your point about proximity. It is an exponential drop off in trash by distance from the parking lot. This leads me to suspect a n even higher order function where a small low single digit percentage of the people are responsible for the plurality of all abuse.

I agree, but it kills me when I see it while hiking in the midst of natures beauty...

Jonathan wrote:

Gradually, bit-by-bit, as policy people flail around trying to make policy, it becomes apparent that Cheney has morphed from broker to ideologue, and is pulling the strings.

That was the plan hatched in 2000, to have Bush be the place holder and Cheney and gang execute the plan:

Kill Saddam
Pass major tax cuts for the very wealthy

I suspect you received a lifetime supply of torturing during the Section 8 Years, and I apologize for piling on in such a fashion... ha

SNAFU wrote:

Kill Saddam
Pass major tax cuts for the very wealthy

What's not to like?

Wow, $70 million of anti-depressants stolen from warehouse.

$70M in prescription drugs stolen in Conn. heist

A bunch of people will be needing a Prozac after that little episode I'm guessing.

NB the listing in the Lasner sidebar - under $300 sq/ft for a 1400+sqft sfr in rsm in oc.

A few years ago, nothing in RSM was under $450 sq/ft, methinks.

SNAFU wrote:

That was the plan hatched in 2000, to have Bush be the place holder and Cheney and gang execute the plan:
Kill Saddam
Pass major tax cuts for the very wealthy

The way it's presented, O'Neill and Greenspan actually come out of it reasonably well. They tried quite hard to finesse triggers into the tax cuts bill to claw back the cuts, but ultimately failed.

Sadly, there's not much color on interest rate cuts, though there is some interesting discussion on GDP estimates, specifically that the Treasury has some pretty accurate real-time models that consistently got very close to the real numbers.

Outsider wrote:

Ah. It was near White River, which would have been a distance of about 80 miles in today's interstate

My other side, my Norwegian peeps, started out in SD, too--they were the ones who ended up with land closer the Black Hills. Have you done the ancestry.com thing? It's a lot of fun!

Sorry for the OT-ishness. Laughing out loud

Jonathan wrote:

A bunch of people will be needing a Prozac after that little episode I'm guessing.

Our Guy Fawkes has emerged. Stay tuned for a disruption to the transmission of American Idol.

Someone is trying to wake America out of its daze Smile

Looks like Sheila might need another $45 billion of advanced deposit insurance premium payments - maybe the next assessment might last longer than 4 months.

Pearl - My father had this obsession with family history and compiled it all into a book. Funny the things some men pour their lives into. Smile Does make interesting reading tho, very historical.

Outsider wrote:

see here it was a 160 acre parcel, actually)

A classic quarter section - the typical homestead at the time. The gov't bet you a quarter section against five years hard work you couldn't last.

For the record, Otis liked Elvis' renditions, which copied much of his style from the demos. He was not crazy about Vampire Squid from Hell record business types...

(He did admit that "Handy Man" sounded much like "Whistling Man" before it)

where a small low single digit percentage of the people are responsible for the plurality of all abuse.

Bud drinkers. I've been a runner for years and budweiser bottles/cans easily make up more than half of the thrown beer bottles/cans. A rare sight is an import or a microbrew.

Pearl wrote:

Have you done the ancestry.com thing? It's a lot of fun!

My wife and I started tinkering with an old version of Family Tree Maker after we'd been married a few years. Until we had kids, it became a Friday-night ritual to grab a bottle of wine, a stack of old documents from a deceased relative, and piece together our family histories.

However, haven't had quite enough time in recent years, now that we're usually exhausted at the end of the week. Sad

However, I really liked that program. Recommended if you're into that sort of thing.

Looks like the FED statement has been leaked ...look at the treasury market.

A rally on speculation and bags of hot air. Now I know for sure this market has lost its mind.

FYI, There's a piece on people strategically defaulting on NPR right now.

Back to work....sort of.

so get it from treasury already' Sheila.

So people take it back for many generations. SOme Irish still do. Then there are the begats in the bible. Those people would regard us rootless wonders as uncivilized.

Is there any mechanism to force her to bring the DIF up to the statutory 1.15% of deposits? Hasn't been close in 2 years. I don't want to pay the ponzi fuckers' bonuses when they hit up the Treasury.

Do you have some kind of link Shill for the treasury action you see? Thanks.

Until we had kids, it became a Friday-night ritual to grab a bottle of wine, a stack of old documents from a deceased relative, and piece together our family histories.

noob, you swingers, you. (saved by the kids) Smile

Pearl wrote:

My ancestors came all the way from Scandinavia for the title to "free" forty acre homesteads near the Black Hills of South Dakota. Imagine that! Free land! That Uncle Sam--he was sooooo generous!!!

It may have been free, but there were strings attached. For one, you had to live in South Dakota, and this was long before the the days of cheap energy. For another, you were required to live on and develop the land, and additionally, there were taxes to be paid on that land. If this was during the 19th Century (and I suspect that it was), the Feds had no income tax, so the bulk of the Federal budget was supported by land taxes and such.

Outsider wrote:

noob, you swingers, you. (saved by the kids)

HA! Not likely. We spent 2-3 weekends a month visiting relatives and friends. The rare weekend we were home was time to lock the door and become introverts. Smile

lawyerliz wrote:

so get it from treasury already' Sheila.

Out of my cold dead refund. I want every penny paid back with real copper equivalent.

I believe my g'father staked his claim in 1912. He arrived by tent, managed to build a shack, and when it was time to get married, actually built a house of sorts (block I think). He stayed there many years, I think until the mid-30s?

edit: 1938.

shill wrote:

A rally on speculation and bags of hot air. Now I know for sure this market has lost its mind.

...And the Market fakes to the left, going up by 15 points....

Good luck with that...

Pennies are like 99% zinc, I think.

Jonathan wrote:

Gradually, bit-by-bit, as policy people flail around trying to make policy, it becomes apparent that Cheney has morphed from broker to ideologue, and is pulling the strings.

Since BHO is furthering many of GWB's policies, should we assume that Cheney is pulling BHO's string too?

Bad policies implimented years ago have a half-life that seemingly goes on forever...

The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period. To provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve has been purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt; those purchases are nearing completion, and the remaining transactions will be executed by the end of this month. The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to promote economic recovery and price stability.

Nothingburger

Cinco-X wrote:

the Feds had no income tax, so the bulk of the Federal budget was supported by land taxes and such.

Peanuts - the biggest parasites were the Eastern banks, railroads & grain traders. The result of their infestation was the Prairie Populist movements - my family was involved in that too - we all hated the eastern capitalists more than anything - still pretty much do.

dryfly wrote:

Peanuts - the biggest parasites were the Eastern banks, railroads & grain traders.

Don't forget the lumber salesmen. Smile

Cinco-X wrote:
It may have been free, but there were strings attached. For one, you had to live in South Dakota, and this was long before the the days of cheap energy
Damn, a thread that ventures OT and perilously close to my own stomping grounds... family all around SD,IA,MN, even through the dust bowl - I guess my ancestors were too dumb and/or stubborn to leave... I must have inherited that. Now... off to a meeting Sad

noob goldberg wrote:

My wife and I started tinkering with an old version of Family Tree Maker after we'd been married a few years

You should try it again, Noob--there has been a veritable explosion of shared information, just in the past year. It's literally just pointing and clicking now. Even if you have just one grandparents' full name, place of birth, date of birth--ancestry.com manages to dig them up. (no pun or disrespect intended!) Wink

Pearl wrote:

Even if you have just one grandparents' full name, place of birth, date of birth--ancestry.com manages to dig them up.

My mother returned from a visit with my grandmother, and had in her possession and entire album full of old pictures that I assumed were lost in a fire 50 years ago. So my appetite to return to that project has already been sparked Smile

noob goldberg wrote:

and had in her possession and entire album full of old pictures that I assumed were lost in a fire 50 years ago

Ooooh! Scan them and post them on ancestry! Relatives you never knew you had will come out of the woodwork and thank you! (I have personally made some very old Norwegian and Swedish people very happy!)

Pearl wrote:

Ooooh! Scan them and post them on ancestry! Relatives you never knew you had will come out of the woodwork and thank you!

Already scanned, but I need to sit down with my grandmother and make sure that they're all properly labelled Smile

I've been burnt before.

My biggest problem with this project is that I don't speak the European language that all of my grandparent and great-grandparent's documentation is written in.

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