Friday, May 14, 2010

Next Meeting - Monday 05/24/10

The next meeting will be:

Monday May 24, 2010
5:30 to 8:00 pm

Panera Bread
28551 Schoolcraft Road
Livonia, Michigan

We will discuss Stefen Molyneux's 4 part series on IP listed below and Chapter 12 of Keynes' General Theory:  The State of Long-term Expectation.

If you click on the numbered links, you will go to the search results for that podcast.  To hear the podcast, click on "Open Link" under the picture of chain link.  Or if the cut and paste works, you should be able to open the mp3 by clicking on "Open Link" below.

164. Intellectual Property Rights Part 1: Challenges - Why do we even have a problem? Hmmm, could that be the acrid stench of state power I smell?   Open Link
165. Intellectual Property Rights Part 2: Justice - How the media created its own problems with regards to property rights  Open Link

166. Intellectual Property Rights Part 3: Solutions - How an anarchistic society deals with intellectual property   Open Link

178. Emails of the Week Apr 5 06 - Corporations and Intellectual Property - My responses to brilliant listener criticisms!   Open Link

Our original plan for General Theory was to read chapters 1, 12, 22, 24.  Chapter one was chosen because it states the General Theory.  Chapters 12 & 24 were chosen based on the Wikipedia entry for General Theory  Chapter 22 was chosen because NewEdit thought it looked interesting.

Instead of reading the whole book we decided to read these selected chapters because the book looked tediously dull and boring as well as totally worthless.  Certain individuals, who will remain unnamed so as to not embarrass Richard, are having difficulty understanding this concept and believe it is impossible to understand chapter 12 without reading chapters 1 to 11.  This theory is hogwash. 

So far we have read the preface to the German edition, chapter 1, half of chapter 2, and part of chapter 12.  Having read these selections, our greatest fears have been realized.  This book is totally worthless.  Keynes is a fucking idiot.  Most of us also agree that Gary North's is a waste of time that will have absolutely no impact on the world & society.  We wish Richard well in his endeavor to read this worthless trash but will not be joining him. 

In regards to my April 19th prediction of a market correction, contradicting Richard & Xorps predictions of continued stock market rises, I would like to point out the accuracy of my prediction by mentioning that from my prediction on 4/19 to 5/6 the market did in fact correct by dropping 11%.

1 comment:

  1. This is a great blog post.

    Continuing with the theme of mocking those who shall remain nameless, word on the street is that "someone" is back shorting the markets. He has apparently revised his predictions of a continued market rise and has been sucked back in. Sources say that his girlfriend will not tolerate any complaints if he loses all his money.