Gun Controll in less than 1 minute

Stefan Molyneux manages to sum up the idea of gun control in 47 seconds:

If you are for gun control, then you are not against guns, because the guns will be needed to disarm people. So it’s not that you are anti-gun. You’ll need the police’s guns to take away other people’s guns. So you are very pro-gun, you just believe that only the Government (which is, of course, so reliable, honest, moral and virtuous) should be allowed to have guns. There is no such thing as gun control. There is only centralizing gun ownership in the hands of a small, political elite and their minions

Grant Williams ASFA 2013 presentation

While this isn’t an economics or investment blog by any means, here’s a nice 30 minute presentation by Grant Williams recently given during the 2013 ASFA conference. Humorous as always and IMHO spot-on, outlining the current state of international financial markets, the current government bond bubble and equity rally of 2013… and how it’s all inevitably going to go down in flames. Very well worth watching, even if you aren’t a investor, trader or otherwise closely associated with the financial markets.

[youtube https://www.youtube.com/watch?v=5A3CoFyi2U8]

Cory Doctorow: The coming war on general computation

[youtube http://www.youtube.com/watch?v=HUEvRyemKSg]

The copyright war was just the beginning

The last 20 years of Internet policy have been dominated by the copyright war, but the war turns out only to have been a skirmish. The coming century will be dominated by war against the general purpose computer, and the stakes are the freedom, fortune and privacy of the entire human race.

The problem is twofold: first, there is no known general-purpose computer that can execute all the programs we can think of except the naughty ones; second, general-purpose computers have replaced every other device in our world. There are no airplanes, only computers that fly. There are no cars, only computers we sit in. There are no hearing aids, only computers we put in our ears. There are no 3D printers, only computers that drive peripherals. There are no radios, only computers with fast ADCs and DACs and phased-array antennas. Consequently anything you do to “secure” anything with a computer in it ends up undermining the capabilities and security of every other corner of modern human society.

And general purpose computers can cause harm — whether it’s printing out AR15 components, causing mid-air collisions, or snarling traffic. So the number of parties with legitimate grievances against computers are going to continue to multiply, as will the cries to regulate PCs.

The primary regulatory impulse is to use combinations of code-signing and other “trust” mechanisms to create computers that run programs that users can’t inspect or terminate, that run without users’ consent or knowledge, and that run even when users don’t want them to.

The upshot: a world of ubiquitous malware, where everything we do to make things better only makes it worse, where the tools of liberation become tools of oppression.

Our duty and challenge is to devise systems for mitigating the harm of general purpose computing without recourse to spyware, first to keep ourselves safe, and second to keep computers safe from the regulatory impulse.

Pwn’ing the 99 percent

Quick summary: 99% of those 99 percent appear to be… just a tiny little bit… retarded.

[youtube http://www.youtube.com/watch?v=UGL-Ex1CD1c]

Last week, Reason.tv followed investment guru, radio show host, and unflappable defender of capitalism Peter Schiff as he spent three hours among the Occupy Wall Street protesters in Manhattan’s Zuccotti Park.

An unapologetic member of “the 1 Percent,” Schiff argued with all comers for the better part of an afternoon.

Schiff is no ordinary observer. As the prinicipal of the financial firm Euro Pacific Capital, he’s a full-fledged and unapologetic member of “the 1 Percent.” As an outspoken radio show host and commentator, he not only predicted the housing crash and financial crisis, he railed bank and auto-sector bailouts as they were happening. Schiff believes that capitalism offers is the only hope for young, frustrated people to have a vibrant and prosperous future. So he went to Occupy Wall Street to engage and debate the protesters.

Touring the Occupy Wall Street scene in New York with a sign that read “I Am the 1%, Let’s Talk,” Schiff spent more than three hours on the scene, explaining the difference between cronyism and capitalism, bailouts and balance sheets, and more.

“The regulation we want is the market,” said Schiff. “That’s what works.”

Schiff describes himself as “sympathetic” to the plight of the OWS protesters, but thinks their anger is misdirected at legitimate business interests and should be better at the White House, Congress, the Federal Reserve, and the crony capitalists they’ve bailed out.