Comments for Eric Peters Autos http://epautos.com Automobiles, Motorcycles, and Libertarian Politics Thu, 23 Feb 2012 10:20:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on But Then We’d Have Anarchy! by eric http://epautos.com/2012/02/18/but-then-wed-have-anarchy/#comment-15971 eric Thu, 23 Feb 2012 10:20:53 +0000 http://epautos.com/?p=9378#comment-15971 You're right that the necessary prerequisite is a critical mass of "good people." Absent that, the rest is irrelevant. If you have enough good people, you can have a viable minarchist republic. If everyone or nearly everyone is good, then you can have anarchy (no government/peace-keeping at all because it's a moot point0. You’re right that the necessary prerequisite is a critical mass of “good people.” Absent that, the rest is irrelevant. If you have enough good people, you can have a viable minarchist republic. If everyone or nearly everyone is good, then you can have anarchy (no government/peace-keeping at all because it’s a moot point0.

]]> Comment on Pay it Down by eric http://epautos.com/2012/02/22/pay-it-down/#comment-15970 eric Thu, 23 Feb 2012 10:18:46 +0000 http://epautos.com/?p=9452#comment-15970 I've done this kind of thing - and it works (and is safe) provided you have the means to pay off the note at any time as a back-stop for "just in case." Or that's my financially conservative thinking, anyhow. I’ve done this kind of thing – and it works (and is safe) provided you have the means to pay off the note at any time as a back-stop for “just in case.” Or that’s my financially conservative thinking, anyhow.

]]> Comment on But Then We’d Have Anarchy! by RebelKnightCSA http://epautos.com/2012/02/18/but-then-wed-have-anarchy/#comment-15967 RebelKnightCSA Thu, 23 Feb 2012 08:18:38 +0000 http://epautos.com/?p=9378#comment-15967 You don't need a 'big cannon' - just ask George Washington or Ho Chi Minh how their 'ragtag bunch of insurgents' defeated what was then the mightiest military empire on Earth. Give the federal monster enough 'flies to swat' and the whole three-letter agency tyranny comes straight on down - as any horse can tell you, you can only swat so many flies away in any period of time. You don’t need a ‘big cannon’ – just ask George Washington or Ho Chi Minh how their ‘ragtag bunch of insurgents’ defeated what was then the mightiest military empire on Earth. Give the federal monster enough ‘flies to swat’ and the whole three-letter agency tyranny comes straight on down – as any horse can tell you, you can only swat so many flies away in any period of time.

]]> Comment on Pay it Down by BrentP http://epautos.com/2012/02/22/pay-it-down/#comment-15964 BrentP Thu, 23 Feb 2012 07:03:25 +0000 http://epautos.com/?p=9452#comment-15964 The debt way of life plus inflation is really a society destroyer. Then again that's a likely intent. It doesn't just distort economics it throws people's time preferences out of whack and it changes relationships and so forth. Economic well being has been a part of mate selection for a very long time and all this debt distorts choices even on that basic level. People can create illusions of wealth while someone who is actually much better off can't appear to be. Which leads me to my old stand by that this is a society of illusions. A few other notes... getting loan when you can pay cash only works if you can make more on your cash than you pay on the loan. While the dollars might be worth less later because of inflation it really doesn't matter because you hold them today. If you didn't hold the dollars today then inflation in excess of the loan interest will work out. Which is another reason why people spend so much on credit. On cars and financing... I simply bought my newest car. Insurance agent's office... woman asks me what interest rate I got... work boss's boss says he likes it when employees buy new cars... kinda says something right there don't it? The debt way of life plus inflation is really a society destroyer. Then again that’s a likely intent.

It doesn’t just distort economics it throws people’s time preferences out of whack and it changes relationships and so forth. Economic well being has been a part of mate selection for a very long time and all this debt distorts choices even on that basic level. People can create illusions of wealth while someone who is actually much better off can’t appear to be. Which leads me to my old stand by that this is a society of illusions.

A few other notes… getting loan when you can pay cash only works if you can make more on your cash than you pay on the loan. While the dollars might be worth less later because of inflation it really doesn’t matter because you hold them today. If you didn’t hold the dollars today then inflation in excess of the loan interest will work out. Which is another reason why people spend so much on credit.

On cars and financing… I simply bought my newest car. Insurance agent’s office… woman asks me what interest rate I got… work boss’s boss says he likes it when employees buy new cars… kinda says something right there don’t it?

]]> Comment on Pay it Down by methylamine http://epautos.com/2012/02/22/pay-it-down/#comment-15959 methylamine Thu, 23 Feb 2012 04:58:54 +0000 http://epautos.com/?p=9452#comment-15959 Where to start? Ah, I'm not even going to bother. Clover's economically illiterate blatherings are just too deep to wade through. Clover--you're an idiot, and you proclaim your idiocy loudly on a public forum. You're providing a service; by advertising your idiocy you help the wise steer clear. Where to start?

Ah, I’m not even going to bother. Clover’s economically illiterate blatherings are just too deep to wade through.

Clover–you’re an idiot, and you proclaim your idiocy loudly on a public forum. You’re providing a service; by advertising your idiocy you help the wise steer clear.

]]> Comment on Pay it Down by Eric_G http://epautos.com/2012/02/22/pay-it-down/#comment-15958 Eric_G Thu, 23 Feb 2012 04:46:53 +0000 http://epautos.com/?p=9452#comment-15958 Last car I bought back in 2002 I got 0% financing. No point in putting down a big down payment, even with a measly .5% interest rate it made more sense to keep it in the savings account. Once it was paid off I kept putting the equivalent of the payment into savings. Now that payment, along with profits from INTC and WYNN and I can pay cash for a new Audi. However, I'm still going to finance a chunk of it at 2% because despite what we're told, I think real inflation is going to eat away at the value of a dollar more than 2%. Why not let the bank take the hit? And if the worst happens I'll just pay it off early. Last car I bought back in 2002 I got 0% financing. No point in putting down a big down payment, even with a measly .5% interest rate it made more sense to keep it in the savings account. Once it was paid off I kept putting the equivalent of the payment into savings.

Now that payment, along with profits from INTC and WYNN and I can pay cash for a new Audi. However, I’m still going to finance a chunk of it at 2% because despite what we’re told, I think real inflation is going to eat away at the value of a dollar more than 2%. Why not let the bank take the hit? And if the worst happens I’ll just pay it off early.

]]> Comment on Pay it Down by That One Guy http://epautos.com/2012/02/22/pay-it-down/#comment-15957 That One Guy Thu, 23 Feb 2012 03:32:20 +0000 http://epautos.com/?p=9452#comment-15957 That lucky dog. Wish I'd thought to get whacked out of my mind on drugs and make music. David Gilmour took it a step further. This is more my speed: http://www.warbirdregistry.org/p51registry/p51-4473339.html That lucky dog. Wish I’d thought to get whacked out of my mind on drugs and make music.

David Gilmour took it a step further. This is more my speed:

http://www.warbirdregistry.org/p51registry/p51-4473339.html

]]> Comment on But Then We’d Have Anarchy! by That One Guy http://epautos.com/2012/02/18/but-then-wed-have-anarchy/#comment-15956 That One Guy Thu, 23 Feb 2012 03:24:23 +0000 http://epautos.com/?p=9378#comment-15956 I try to avoid the pre-teen LOL, but that one actually did make me LOL. SRSLY. I try to avoid the pre-teen LOL, but that one actually did make me LOL. SRSLY.

]]> Comment on Pay it Down by mithrandir http://epautos.com/2012/02/22/pay-it-down/#comment-15955 mithrandir Thu, 23 Feb 2012 03:23:13 +0000 http://epautos.com/?p=9452#comment-15955 Excellent song and nice video.:D Pink Floyd rocks!! Excellent song and nice video.:D Pink Floyd rocks!!

]]> Comment on The Other Things by BrentP http://epautos.com/2012/02/21/the-other-things/#comment-15954 BrentP Thu, 23 Feb 2012 03:21:17 +0000 http://epautos.com/?p=9408#comment-15954 I got the story third hand at best... so your guess is as good as mine ;) I got the story third hand at best… so your guess is as good as mine ;)

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