Comments on: Selling off state assets on the cheap is just madness http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness?utm_source=rss&utm_medium=rss&utm_campaign=selling-off-state-assets-on-the-cheap-is-just-madness The website of economist, author and broadcaster, David McWilliams Thu, 09 Feb 2012 02:55:14 +0000 hourly 1 http://wordpress.org/?v=3.2 By: John ALLEN http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-1#comment-81918 John ALLEN Wed, 04 Aug 2010 10:19:12 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81918 Apres Napoleon - sometime after the waterloo affair mail ordering from America begun and this resulted in the importation of a beetle that devasted vineyards and this it did big time .Eventually vine plants from America were introduced that showed resiliance to this bug .All subsequent wine growing from France has an American DNA encoded into thir origin.Does this show again how to fake a product and claim it to be your own .A Cuckoo comes to mind . Apres Napoleon – sometime after the waterloo affair mail ordering from America begun and this resulted in the importation of a beetle that devasted vineyards and this it did big time .Eventually vine plants from America were introduced that showed resiliance to this bug .All subsequent wine growing from France has an American DNA encoded into thir origin.Does this show again how to fake a product and claim it to be your own .A Cuckoo comes to mind .

]]> By: Philip http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81917 Philip Wed, 04 Aug 2010 09:53:50 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81917 Orthodoxy is what the real killer is. And it may indeed be an actual killer for many who walk today on this planet. We have the orthodoxy of energy use. Not realising that in fact that 80 years ago, 1 kwhr could help you extract 100 kwhrs for use - whereas we are down to about 1kwhr extracting 10 kwhrs for use. This is where we are with oil and fossil fuel and indeed nukes. The rule of thumb is when we reach 1 kwhr needed to extract 3 kwhrs (as we scrape the barrel more) we run into massively decreasing economies of scale that break a society. Society has to stop or decrease in size to keep energy affordable. We have the orthodoxy of finance. Smaller time scales, bigger principals to be paid off on the hope of societal growth to wash it all away. But we are faced with a savage tendency to wipe out the principle asap which slows growth and worse, kills our innovative capacity for solutions that may help us with our energy equation. Our politicians, economists and elites are all looking to the future through the lens of orthodoxy. It will kill them all off because of zero faith in what people can do if let. Orthodoxy is what the real killer is. And it may indeed be an actual killer for many who walk today on this planet.

We have the orthodoxy of energy use. Not realising that in fact that 80 years ago, 1 kwhr could help you extract 100 kwhrs for use – whereas we are down to about 1kwhr extracting 10 kwhrs for use. This is where we are with oil and fossil fuel and indeed nukes. The rule of thumb is when we reach 1 kwhr needed to extract 3 kwhrs (as we scrape the barrel more) we run into massively decreasing economies of scale that break a society. Society has to stop or decrease in size to keep energy affordable.

We have the orthodoxy of finance. Smaller time scales, bigger principals to be paid off on the hope of societal growth to wash it all away. But we are faced with a savage tendency to wipe out the principle asap which slows growth and worse, kills our innovative capacity for solutions that may help us with our energy equation.

Our politicians, economists and elites are all looking to the future through the lens of orthodoxy. It will kill them all off because of zero faith in what people can do if let.

]]> By: Gege Le Beau http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81916 Gege Le Beau Wed, 04 Aug 2010 09:43:34 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81916 Answers are there for those who want to see or for those who enquire instead of the 'knee jerk' reaction or saying it doesn't make any sense/is crazy. Good to know the mediator is informed and David by logical extension. Answers are there for those who want to see or for those who enquire instead of the ‘knee jerk’ reaction or saying it doesn’t make any sense/is crazy.

Good to know the mediator is informed and David by logical extension.

]]> By: Gege Le Beau http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81915 Gege Le Beau Wed, 04 Aug 2010 09:40:33 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81915 Really useful article, thank you kindly. Really useful article, thank you kindly.

]]> By: John ALLEN http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-1#comment-81914 John ALLEN Wed, 04 Aug 2010 09:34:45 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81914 French Cuisine : Following the battle of Waterloo French Cuisine re-invented itself.There were so many new foods being eaten by the foreign armies in France and introduced by them and amazed the local French that they decided to 'fake them'. These included 'bifsteak' and 'champaign' from UK ( the brits perfected the technology to give the greatest sparkle without exploding'@ Dom Pernon the monk just could not hack it), croissants from Vienna ( followed by pain au chocolate ), and 'un pain' the long stick used by Napoleons soldiers to carry into combat as the older 'boulogn' was too much of a ball shape to put into the soldiers trousers . French Cuisine : Following the battle of Waterloo French Cuisine re-invented itself.There were so many new foods being eaten by the foreign armies in France and introduced by them and amazed the local French that they decided to ‘fake them’. These included ‘bifsteak’ and ‘champaign’ from UK ( the brits perfected the technology to give the greatest sparkle without exploding’@ Dom Pernon the monk just could not hack it), croissants from Vienna ( followed by pain au chocolate ), and ‘un pain’ the long stick used by Napoleons soldiers to carry into combat as the older ‘boulogn’ was too much of a ball shape to put into the soldiers trousers .

]]> By: Furrylugs http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81913 Furrylugs Wed, 04 Aug 2010 02:01:26 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81913 http://www.martindardis.com/freedoms_walk_irish_rebel_song_lyrics.html Thought I'd post this from a sense of history, seeing that we're, unfortunately and apparently, heading down this long road again. Sad really. http://www.martindardis.com/freedoms_walk_irish_rebel_song_lyrics.html

Thought I’d post this from a sense of history, seeing that we’re, unfortunately and apparently, heading down this long road again.
Sad really.

]]> By: Furrylugs http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81912 Furrylugs Wed, 04 Aug 2010 01:58:21 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81912 @mediator 100% correct barring you are lecturing the guy who designed the prism. It's through David McWilliams prism that simple common sense will prevail. If the chance be given. But is this country, this young republic, mature enough to handle the equilibrium, thrust and equanimity of mature democracy yet? Most debaters on here and elsewhere are signalling a propensity towards PotHole Politics. (BTW- I coined that phrase before Gurdgiev robs it too) I fear I will see the 6 foot box before I see true democracy in this smigeon-minded outpost. Dunno?? @mediator
100% correct barring you are lecturing the guy who designed the prism. It’s through David McWilliams prism that simple common sense will prevail.
If the chance be given.

But is this country, this young republic, mature enough to handle the equilibrium, thrust and equanimity of mature democracy yet?
Most debaters on here and elsewhere are signalling a propensity towards PotHole Politics. (BTW- I coined that phrase before Gurdgiev robs it too)
I fear I will see the 6 foot box before I see true democracy in this smigeon-minded outpost.
Dunno??

]]> By: Furrylugs http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81911 Furrylugs Wed, 04 Aug 2010 01:43:39 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81911 Sure Deco tis as obvious as a sciortáin on a boars nose that the whole system is defunct. They're all codding themselves. It took me a year to get my head around the basics of economics on here and then another once Wills arrived to see the reality of the whole situation. Now that I know what's real and what's not , life is much simpler. My original theory of filling the fridge is now more relevant than ever. To that end , the Furry Fridge is full, thanks be to God. However, any interference with the filling of the Furry Fridge is, has and will be met with judicious severity. I exist to protect and nurture my own. And protect and nurture my own I will. STET F Sure Deco tis as obvious as a sciortáin on a boars nose that the whole system is defunct. They’re all codding themselves. It took me a year to get my head around the basics of economics on here and then another once Wills arrived to see the reality of the whole situation.

Now that I know what’s real and what’s not , life is much simpler. My original theory of filling the fridge is now more relevant than ever. To that end , the Furry Fridge is full, thanks be to God. However, any interference with the filling of the Furry Fridge is, has and will be met with judicious severity.

I exist to protect and nurture my own. And protect and nurture my own I will.
STET
F

]]> By: Furrylugs http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-2#comment-81910 Furrylugs Wed, 04 Aug 2010 01:32:35 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81910 http://www.independent.ie/world-news/americas/nasa-scientists-braced-for-solar-tsunami-to-hit-earth-2282437.html After some of the most brilliant off-line analysis of the countrys travails by all of you over the past two years , and you know who you are, it would eventually appear that the bold John Allen was the most accurate soothsayer. The Wobble has arrived. Unbelievable and hats off to the man. It's one up to the Accountants and whack Fol De Diddle to the Economists. (Sorry D) Enjoy the fireworks folks. http://www.independent.ie/world-news/americas/nasa-scientists-braced-for-solar-tsunami-to-hit-earth-2282437.html

After some of the most brilliant off-line analysis of the countrys travails by all of you over the past two years , and you know who you are, it would eventually appear that the bold John Allen was the most accurate soothsayer.

The Wobble has arrived.
Unbelievable and hats off to the man.

It’s one up to the Accountants and whack Fol De Diddle to the Economists. (Sorry D)

Enjoy the fireworks folks.

]]> By: DavidIreland http://www.davidmcwilliams.ie/2010/07/28/selling-off-state-assets-on-the-cheap-is-just-madness/comment-page-1#comment-81908 DavidIreland Tue, 03 Aug 2010 20:12:59 +0000 http://www.davidmcwilliams.ie/?p=4034#comment-81908 You mean let them eat cake? You mean let them eat cake?

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