Bitcoin Forum
October 02, 2025, 01:29:50 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Economy / Economics / Re: Minimum wage. on: August 21, 2015, 05:07:24 PM
Regardless of the mandated minimum wage, business has moved on. The federal minimum wage is mostly meaningless, these days. Only 1.6% of our hourly workforce is actually making minimum wage. The free market has already mandated businesses to pay higher wages, without coercive government meddling. This whole hot-button topic is just a politically divisive ploy, to divide The People and drive low-information, single-issue voters to the polls.

There are those who would have you believe that if the MW were abolished, evil businesses would begin paying their workers 3rd world wages. This is demonstrably untrue. If that were the case, then a large percentage of hourly workers would already be at the minimum, right now. Instead, it's 1.6%.... Imagine that.

There are those who would have you believe that there are millions of hurting Americans who are desperately trying to support a family on a MW job. Also demonstrably untrue, just by looking at the BLS numbers. There are only about 1.3 million workers making the minimum, out of some 77 million total hourly workers. Of those, 705,000 are 16-24 years old, almost all of whom (697,000) are single. There are only 88,000 MW workers who are married and living with their spouse.


Economic rules state that if the price of a commodity, in this case labor, goes UP, then demand for that commodity goes DOWN. So, increasing the MW, will theoretically mean fewer available MW jobs. Higher labor costs will necessarily drive up COGS (cost of goods and services), which means inflation. Both of these hurt the 93 million unemployed and fixed-income Americans. However, as I stated above, MW workers are such a tiny piece of the big picture, none of this really matters, nor would its effect be really measurable, unless the increase was really large.
2  Other / Politics & Society / Re: VIDEO: Pack Of Black Thugs Surround White 13-Year-Old… It Does Not End Well on: August 20, 2015, 05:33:50 PM
Hands Up... Fire Away
3  Other / Politics & Society / Re: Clinton Refuses To Say Whether Or Not She Wiped The Server on: August 19, 2015, 05:55:21 PM
"Like with a cloth?"

Nice to see the dems only candidate thinks this is all a joke.

Won't harm her chances because integrity is a non-issue for them.
4  Other / Politics & Society / Re: Jeb Bush POTUS campaign appears dead in the water on: August 16, 2015, 06:08:06 PM
Well seeing as his official platforms seems to be "pick up were my big bro left off." I'm not that surprised he is dead in the water.
I thought Obama already handled that task..quite well,even.
5  Economy / Games and rounds / Re: █ ★☆★777Coin★☆★ █ ✔ Full Range of Games ✔ Instant Withdraw ✔ Free mBTC! on: August 14, 2015, 04:47:57 AM
username : fontanan789

awesome promotion!
6  Economy / Games and rounds / Re: 64Blocks ░▒▓ The Social Game! ▓▒░ 0.16 mBTC Every 12 Hours! on: August 14, 2015, 04:43:48 AM
64Block_1HmwnBCMjbu7OpXDdfIiq9
7  Economy / Games and rounds / Re: 64Blocks ░▒▓ The Social Game! ▓▒░ 0.16 mBTC Every 12 Hours! on: August 13, 2015, 04:13:56 AM
64Block_1HmwnBCMjbu7OpXDdfIiq9
8  Economy / Games and rounds / Re: █ ★☆★777Coin★☆★ █ ✔ Full Range of Games ✔ Instant Withdraw ✔ Free mBTC! on: August 13, 2015, 04:13:40 AM
username : fontanan789

awesome promotion!
9  Other / Politics & Society / Re: McDonald's shoots down fears it is planning to replace cashiers with kiosks on: August 09, 2015, 06:25:33 PM
but look at all the new jobs that are being created building these machines...overseas...
10  Other / Politics & Society / Re: Trump slams Rosie O'Donnell in debate on: August 07, 2015, 05:37:37 PM
This is Trumps strong suit.Most Normal americans Loathe PC.
11  Other / Politics & Society / Re: New Planned Parenthood Transcript: Nurse Admits It’s ‘Fun’ To Dissect Fetuses on: August 05, 2015, 05:04:11 PM
because you don't value science


You go off your own religion instead

You can value science and still think crushing a defenseless unborn is wrong. You also don't need to be religious to grasp the same concept. Hitler did unimaginable things to humans in the name of science. Was he correct?
12  Other / Politics & Society / Re: Obama announces stronger action on U. S. power plants on: August 04, 2015, 05:37:19 PM

Just like regulating smog emissions did

Yeah, but I'm sure glad we did. I lived in LA when breathing its air was like smoking 2 paks of unfiltered Pall-Malls a day. Some of the middle class probably dropped into the low-income category because of the regulations, but at least they can breathe.
13  Other / Politics & Society / Re: Jindal:Westboro Baptist Church members'will be locked up'if they protest funeral on: July 28, 2015, 11:10:34 AM
"If they come here to Louisiana, if they try to disrupt this funeral, we're going to lock them up," Jindal said. "We're going to arrest them. They shouldn't try that in Louisiana. We won't abide by that here. Let these families grieve. Let them celebrate their daughters, their children, their spouses, their loved ones' lives in peace. They better not try that nonsense here."

Read More Here

My take - ah, the face of the right wing censorship comes full forward. Apparently, when tasteless, disgusting behavior is done by the likes of Pam Gellar towards Muslims it's perfectly protected free speech. But when a hateful group like Westboro does their thing, it's immoral. And let the right wing hypocrisy begin.

And for the record, I have no problem with either Geller or Westboro disgusting tactics because free speech is free speech is free speech !


Westboro Church announced several days ago that they would picket the funerals of those murdered by Russel Houser.

Houser wrote that WBC was the only real church left in America.
14  Other / Politics & Society / Re: Obama DOJ Plans To Investigate…The Group That Busted Planned Parenthood on: July 25, 2015, 11:17:37 AM
The inmates are truly running the asylum.
15  Other / Politics & Society / Re: Bakery That Refused to Make Cake for Lesbian Couple Raises Record-Breaking Donat on: July 19, 2015, 09:50:21 AM
I would only condemn a cake baker to eternal torment for pineapple-pistachio, but anyone is free to make up this own particular "religious" taboos to fit his agenda, apparently.
16  Other / Politics & Society / Re: Bakery That Refused to Make Cake for Lesbian Couple Raises Record-Breaking Donat on: July 19, 2015, 09:43:37 AM
Bigotry has a strong following.

It can be a real money maker.

I was never aware that there were any sects that had taboos about cake baking.
17  Other / Politics & Society / Re: Unarmed Mississippi man died after 20-minute police chokehold, witnesses say on: July 16, 2015, 05:28:56 PM
                                 

Witnesses have told Mississippi state investigators that an unarmed black man died after being kept in a chokehold by a police officer for more than 20 minutes and denied CPR, according to his family’s attorneys, who said an autopsy confirmed he was fatally strangled.


Read here

Did you notice that cops are too aggressive today?
Damn this is kept pretty quiet cause I live in Mississippi and this is the first I've heard of it. Hope it don't get swept under the rug.
Is this police brutality problem really not systemic?


If the story is true, cop need to do life behind bars.
18  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 06, 2015, 10:35:47 AM
I do not believe 2015 will be the year Bitcoin 'goes mainstream'. Yes it will be talked about, more people will use, hold or trade it and more merchants will accept it. But we are far, far away from big scale adoption... Honestly, I do not think any 'common folk' will actually use this for at least another 3 years. Let's talk again in 2018-2020. If Bitcoin still exists (and I hope so, since I'm a longtime holder and believer) by then, it will be widely accepted and price will have risen also. But for 2015, I predict more or less the same path we've started in 2014. Up, down, left, right, adoption, repeat.
19  Other / Politics & Society / Same sex marriage & cultural jousting at the Supreme Court. on: July 06, 2015, 10:29:46 AM
Here is the opinion handed down by the Supreme Court regarding Same-Sex Marriage in the United States:

http://www.brookings.edu/blogs/fixgov/posts/2015/06/29-obergefell-same-sex-marriage-lempert

Is this ruling in keeping with the constitutional principles of the United States?

What impact do you see this having on our society?
20  Economy / Games and rounds / Re: 64Blocks ░▒▓ The Social Game! ▓▒░ 0.16 mBTC Every 12 Hours! on: June 28, 2015, 10:33:54 AM
64Block_1HmwnBCMjbu7OpXDdfIiq9
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!