Bastian Hayek

Peter Schiff needs the support of all people who think that government is too big. IF he is an Objectivist he will not say so. However, I think he is just very well read in the work on Ayn Rand and one of the better libertarians. He certainly is not an anarchist.

Rush - Freewill Rush - The Trees Living Colour - Cult of Personality The Eagles - Get over it The Ramones - Scattergun ...

His foreign policy statements seem to be a lot better than those of his father. Furthermore, I did not find anything that looks like he is as strongly anti-choice on abortion as his father.

Like it, too. I hope there will be more!

Thank you, I found more on the internet. I edited my earlier post before I saw that you already answered. My second question was very poorly written. I was looking for something like that http://www.abovetopsecret.com/forum/thread487648/pg1 (last post)

I deleted my latest questions.. I found that on the internet: This housing complex is in the Sheik Jarra district of East Jerusalem, where there was a large Jewish community prior to the anti-Jewish riots in 1929. The home was originally Jewish, but its inhabitants were chased off in the above riots. Arab families then proceeded to squat on the property, without purchasing it. Jordan then proceeded to annex East Jerusalem in 1950 and occupied it until 1967. During that time Jews were barred from that part of the city, homes were taken and synagogues were destroyed. Now, in spite of the fact that documentation exists to prove that Jews had the original deeds to the property, Jewish groups legally re-purchased it from the Hezaji family. However, under pressure from the Palestinian Authority, the Hezaji family denied this (in spite of documentary evidence that the sale went through) - as I have pointed out before it is illegal for a Palestinian to sell land to a Jew and the penalty is death. The courts ruled twice that there was little doubt that the property belonged to Jews. This is the result. Bad luck for the squatters, but in the end this is a fairly mundane property dispute. http://www.abovetopsecret.com/forum/thread487648/pg1

Could you elaborate on the property rights? This seems to be questionable.. Now I am a staunch supporter of Israel but I don't understand this case.

The US has led international condemnation of Israel after it evicted nine Palestinian families living in two houses in occupied East Jerusalem. Washington said the action was not in keeping with Israel's obligations under the so-called "road map" to resolve the Israel-Palestinian conflict. Jewish settlers moved into the houses almost immediately. http://news.bbc.co.uk/2/hi/middle_east/8180743.stm Is this eviction justified? Why? Maybe there is something that the article does not mention.

That would be interesting to hear more about. I know it is a bit offtopic, but does anyone know which linguists are more suitable to study? Linguistics is my minor, but I am still not sure as to which school of thought seems to be the most rational. Regarding Rothbard, I read the book about the Great Depression. So far it's been just a couple of pages, but I will let you know what I think. He was an Austrian School economist, so he must have some value, despite his ugly views on politics.

There was a time when I would have agreed. However, you assume: 1. In the next 50 years there will be no increase of life span in Europeans and no AI. 2. In the next 50 years the "Muslim's" fertility rate will stay as high as it is today. 3. In the next 50 years there will remain a large welfare state despite debt levels. And yes, immigration restriction is against liberty. Fight Islamism, fight for open immigration - do both!

Nobody ever one the confed cup and won the World Cup the following year as far as I know.. and no European team ever won the World Cup if the tournament wasn't in a European state, so.... America, you've got a chance. but so does South Africa and maybe Ivory Coast, Chile.. who knows!

I am quite shocked nobody mentioned wine. Especially red wine from the golan heights. That is such an extraordinary climate and it generates superb wines. Of course even here we find it difficult to leave politics aside as the golan heights are topic of debate.. I personally consider it wonderful that it is still part of wonderful Israel. Try for example Gamla (Red Wine).

http://www.bbc.co.uk/persian/iran/2009/06/...t_clashes.shtml Basij running, people playing golf with them

And that is why the youth would be better off without him. So let him do it. This is not about him, this is now the youth against Khamenei. Mousavi is a veteran of the 79 Revolution, yet in the meantime he married a woman who is engaged for women in Iran. I don't know where he stands right now.

And what do you think was the philosophical reason Rome turned to Socialism?

Does anyone recommend any changes? I feel there is something missing. I hope it is somehow adequate..

Will the dollar survive the economic crisis? The recent economic crisis led governments, especially the US government, to go deeper into debt and use trillions of dollars to inject them into the economy. What will be the effect of this to our currencies and to the US Dollar? Will it still be the reserve currency in a few years? This essay wants to warn about the possibility of inflation and a bigger crisis as a result of governments’ reaction to the crash of 2008. Governments around the world want to assure us that they avoided catastrophe by spending trillions on programs to stimulate the economy. But rather than spending money they already had Western governments only increased debt levels. One of the main reasons for our economic downturn is that we did not save and produce enough. Especially the United States financed its growth by consumption and increasing levels of debt. This growth was the result of a bubble which has already begun to implode. However, rather than addressing the fundamental problems the new administration in the US, as well as the old one, and most European countries try to inflate it once again by making it easier to get into debt and by printing money. With the exception of China and a few other countries they also focus on stimulating consumption instead of production. This will lead to even bigger problems in the next months or years. While China may have an interest in financing US debt at the moment it is not possible that this continues without end. Once they stop buying the US Dollar massive inflation in America is guaranteed and the US Dollar will lose its status as the world’s reserve currency. The Dollar would decline and the Yuan would rise. Purchasing power would transfer from the West to the Asian producers. Hong Kong and Singapore would replace New York and London as the major financial cities of the world. China has been pursuing a policy of buying gold since the early 2000’s. Gold is perceived to be a security against inflation and it is the reason the US Dollar became reserve currency in the first place. Up until 1971 the US Dollar was redeemable in gold. That meant it could be exchanged with gold and thus the power of the government to print new money to finance debt was limited. Richard Nixon, however, decided to end this and to make the dollar a worthless paper, resulting in a nation that financed its growth by credit. As it becomes increasingly clear that it is impossible to pay back this debt we will see the next crisis coming. As has been demonstrated, the US Dollar faces a grave challenge and is likely to cease being the world’s reserve currency. The reasons are the incredible amount of debt accumulated by the US government and the Dollar not being backed by any value. If this continues to take its course the next major economic crisis will be a currency crisis and might alter the balance of powers in the world. 536 words

Ray Kurzweil has a similar opinion to those of De grey: "In the coming decades, a radical upgrading of our body's physical and mental systems, already underway, will use nanobots to augment and ultimately replace our organs. We already know how to prevent most degenerative disease through nutrition and supplementation; this will be a bridge to the emerging biotechnology revolution, which in turn will be a bridge to the nanotechnology revolution. By 2030, reverse-engineering of the human brain will have been completed and nonbiological intelligence will merge with our biological brains." http://www.kurzweilai.net/articles/art0551.html?m=5

Which popular science books would you recommend? Which did you enjoy and why? I enjoyed "A Short History Of Nearly Everything" by Bill Bryson. I would like to read more popular science books, I have a great interest in all the natural sciences despite being not very good in it (at least that was in school). I want to avoid books that, for example, promote a world view similar to that Harriman warned against in his lectures (see "The Crisis in Physics", Ayn Rand Bookstore). So do you know of any good books I might enjoy?

They came to accept Christianity, which is immoral.

Once the price drops a little bit and I get a decent job I will live here: http://www.urbanspaces.co.uk/property.php?...&results=40

That seems to be a very accurate description. Do you have something to answer them on the 4% argument? Or is there a place where we discussed that argument? Thanks!

I came across Milton Friedman's view on the gold standard very recently... "The fundamental defect of a commodity standard, from the point of view of the society as a whole, is that it requires the use of real resources to add to the stock of money." Milton Friedman As far as I can see the Chicago school rejects the gold standard because they say it will take up to 4% of the annual GDP to produce the gold money. I think that will not be the case with the suggested model of using electronic money measured in gold. Would it be a problem with a traditional gold standard? "My conclusion is that an automatic commodity standard is neither a feasible nor a desirable solution to the problem of establishing monetary arrangements for a free society. It is not desirable because it would involve a large cost in the form of resources used to produce the monetary commodity. It is not feasible because the mythology and beliefs required to make it effective do not exist." Milton Friedman How did an alleged free-market economist come to such a conclusion?

Also quite impressive, looking into the future:

I did that, too. I learned, and I think that's possible for others.