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Si vis pacem, para bellum.
The parabellum.
What was the subject title of your first-ever LJ entry?


"trials..."

The 19-year-old me seems so...distant.

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From George Mason economist Walter Williams:
The Federal Register, which lists new regulations, annually averaged 72,844 pages between 1977 and 1980. During the Reagan years, the average fell to 54,335. During the Bush I years, they rose to 59,527, to 71,590 during the Clinton years and rose to a record of 75,526 during the Bush II years. Employees in government regulatory agencies grew from 146,139 in 1980 to 238,351 in 2007, a 63 percent increase. In the banking and finance industries, regulatory spending between 1980 and 2007 almost tripled, rising from $725 million to $2.07 billion.
Nope - not deregulation.
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In my response to this, I note:
The case [against paying taxes] is already compelling. It’s just that I’m not willing to subject myself and my family to the violence that inevitably follows.
It was rightly pointed out to me a few comments later that:
thomasblair:
"It’s just that I’m not willing to subject myself and my family to the violence that inevitably follows."

Billy Beck, years ago:
"...they use the things we love — families, careers, possessions, etc. — against us. This is the fundamental principle on which it all works."
-http://www.two–four.net/weblog.php?id=P1202

Our entire lives are being held for ransom.
This is the crucial bit: They use the things we love -- families, careers, possessions, etc. -- against us. This is the fundamental principle on which it all works.

I'm a coward in the face of state power. I pay my taxes, obey the law to the best of my ability (a dizzying prospect when you consider the sheer volume of it all), and don't rock the boat. I work my slave job to earn enough work points to pay the IRS for the privilege of laboring. I am complicit in the operation of the corrupt financial system, lashed to the mast of a sinking ship by the requisite use of Federal Reserve Points to pay the ransom to the IRS so that armed agents won't be sent to murder me.

Until I shake off the chains of fear of state violence, I'll remain that coward.

They use the things we love against us.
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I have the following fund choices for my 401(k):
How would you allocate contributions among the preceding (e.g., percentage-wise)?

I'm 25 with a stable job. I'm interested in aggressive growth rather than capital maintenance at this point. To be honest, I plan to fund an account with EuroPac here shortly when some money I have tied up in a CD matures. I'm really only opening this 401(k) to take advantage of matching contributions. I have a pretty good idea how I'll allocate the money (50% international, 20% small cap growth, 10% each to mid cap growth, large cap growth, and intermediate bonds), but I wanted to consider opinions from a few select individuals on my friends' list.

EDIT: DODGX has been changed to the T. Rowe Price Equity Income Fund (PRFDX).

Feeling: curious curious

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Good for them.

Feeling: pleased pleased

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Many beloved television shows are no longer with us, like Buffy the Vampire Slayer, Six Feet Under, and Mystery Science Theater 3000. What defunct television show do you miss the most?
Arrested Development. Seinfeld. Diff'rent Strokes.

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The Wall Street Journal posted an article along the lines of my question from yesterday. Are the markets responding in part to the near certainty of an Obama presidency.

The WSJ seems to think so. I certainly don't agree with all the listed thought experiments, but the gist is correct.

Feeling: amused amused

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Is there any credence to the idea that part of the reason for the market's continuing slump is the high probability of Obama's election?

If yes: if he is to be elected, and it seems all but certain now, how long might this last?

If no: what is your prediction for the bottom of the slump? Dow @ 8000? 7000? 6000? Gold @ $700? 600? 500?

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Feeling: curious curious

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Life is far too short to be doing something you hate.

Time to move on.
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FNM & FRE: socialized losses and private gain.
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You have 100 pounds of potatoes that are 99 percent water. After being left in the sun for a few days, the water content drops to 98 percent. How many pounds of potatoes do you now have?
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Tiff and I are getting married next Saturday, June the 28th. The following week we're moving to Huntsville, AL where I've taken a job as a project engineer.



I'm ready to get back to blogging. I'll get started once I start the job and get settled.



There is no certainty - only opportunity. Strive.

Feeling: excited excited
Listening to: The Fray - Over My Head (Cable Car)

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They want lower prices but don't want more production to increase supply. They want oil "independence" but they've declared off limits most of the big sources of domestic oil that could replace foreign imports. They want Americans to use less oil to reduce greenhouse gases but they protest higher oil prices that reduce demand. They want more oil company investment but they want to confiscate the profits from that investment. And these folks want to be President?

~ "Windfall Profits for Dummies" in today's WSJ, via Carpe Diem

TB: Did we not learn our lesson with the windfall profits taxes in the 1980's? Oil production contracted and importation increased as a result. How many more times will we have to suffer through some pandering politician trying to repeal the laws of economics?
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It is only through civilization that nature is considered beautiful.
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There's no stopping people from getting the idea that the incredible wealth around them is available without production, or that "production ultimately has been solved" and society is merely a question of distribution. These periodic madnesses can be attributed to a sociological phenomenon analogous to entropy in the physical world. You cannot stop it until the poisoned civilization collapses upon the heads of the debauched and the innocent any more than you can violate the Second Law of Thermodynamics. Nothing can save The People from themselves. The disease will run its course and then civilization will recover.

- via montecristo

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Feeling: contemplative contemplative
Listening to: Copeland - California

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"Reading the papers or glancing at the television, one could have got the impression that His Holiness the Pope was the accepted moral tutor for the entire world, instead of the leader of a traditionalist sect that calls its ostensibly celibate and virginal officials by parental names like "Father" and "Mother" and opposes almost every kind of sexual expression while making allowances and excuses for adult-infant penetration."

- Christopher Hitchens on Catholocism
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The US House of Representatives is now investigating Roger Clemens' ass.

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Feeling: amused amused
Listening to: Paramore - That's What You Get

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liberty and justice
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From each as they choose,
to each as they are chosen.
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You know what? Keep your "change". I'll take anarchy.
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