Debt Free Living

WizardPC has been writing a very good series on his website called Debt Free Living. I’m very fortunate to have the father I do because he began his own business with nothing and now has the most successful auto shop in his town. While he had to take business loans periodically to establish and expand his business he’s always paid them off far ahead of their due date and has never accumulated debt via credit cards of other frivolous expenditures. Although I’m not the smartest man on the planet I’m very capable of learning from those who are incredibly smart and thus I’ve always been a close manager of my money.

Unfortunately many people in this country (and elsewhere in the world) are not so careful with their finances. WizardPC’s guide explains important things that you need to consider when trying to get out of debt. The most important of these lessons is creating and sticking to a budget and eliminating your current debt and the interest that must be paid on it as soon as possible.

Sadly as government policies continue to cause ever increasing inflation it’s difficult to create a sustainable budget while your purchasing power is reduced on a daily basis. While the interest in my money market account used to be notable it’s now so pathetically low that it’s like having no interest at all. Thankfully I’m a man who diversifies a bit and have been able to maintain much of my purchasing power through investments in precious metals. I think an important lesson for getting out of debt is understanding that you not only have to eliminate your current debt to forgo paying eternal interest but also because your money is becoming more worthless every day (thanks government) and thus you’re going to need more of it in the future to cover basic living expenses such as food and water (especially if you’re not getting periodic raises to offset the effects of devaluing money).

A man without debt is truly beholden to nobody (well except the government because they still have guns to your head). Instead of working for your financer, work for yourself. Once you’ve eliminated your current debt then all money made by you goes to you (and the government who will ultimately shoot you if you refuse to pay their demanded pizzo).

Pain is Temporary

A police officer decided to demonstrate his basic knowledge of firearm operations, his testicular fortitude, and his desire to live all at the same time:

A quick-handed NYPD sergeant stopped a violent felon from shooting him in the gut by jamming his ring finger under the hammer of the felon’s .38 revolver, cops said today.
Sgt. Michael Miller and Officer William Reddin were on patrol when they noticed a livery cab speeding eastbound on Quincy Street near Malcolm X Boulevard at about 4 a.m. today. The plainclothes cops pulled the beige Lincoln Towncar over, but when they walked up displaying their shields they noticed that one of the passengers in the back seat, Eugene Graves, was making suspicious movements near his waistband.

[…]

Graves managed to press his Taurus .38 revolver into Miller’s stomach, but Miller grabbed hold of the gun, wedging his right ring finger between the gun’s hammer and cylinder, before the murderous Graves could fire a shot.

As Uncle pointed out that probably hurt but pain is temporary, death is forever. It commend officer Miller for having an impecable ability to think quickly enough to see the situation, concoct a plan, and execute that plan in the span of time it took another person to simply pull on a trigger. That’s a true display of badassery.

Some Common Sense from Wisconsin’s Attorney General

While I’m not keen on Wisconsin’s rule requiring four hours of training before a person can exercise their Constitutionally guaranteed right to bear arms, it’s still not as bad of a system as it could have been. It’s also good to hear some common sense come from Attorney General Van Hollen:

Attorney General J.B. Van Hollen said Thursday he would be comfortable with allowing people to carry guns in the Capitol and other state buildings.

“I don’t have a problem with it, but I’m not going to have a say in that,” the Republican attorney general said in an interview.

“One of the oldest arguments out there is that the criminals – the ones who aren’t entitled to have firearms – are carrying concealed already,” he added. “They’re the ones we’re worried about, not the ones who are going to be abiding by the law.”

There is no danger in a person like myself carrying a firearm into any building. I’m a peaceful person who will only use violence in response to somebody initiating violence against myself. Regardless of what the anti-gunners think the majority of people are in the same boat as me, if it were otherwise we wouldn’t have a functioning society. Sadly there are violent individuals in our society and the best way for us peaceful citizens to defend ourselves against such scourge is by having a proper self-defense tool available to us.

We’re not the ones who law enforcement officers should be concerning themselves with. If law enforcement are concerned with criminals carrying firearms into the Capitol building they can do what Texas does and install metal detectors but allowing those with permit to bypass the security as they’ve already been checked out through a background check and are known to be free of violent crime.

This year saw massive protests at the Capitol as Republicans who run the Legislature debated and passed a new law that eliminated most collective bargaining for most public workers. Van Hollen said those demonstrations did not change his opinion on whether people should be allowed to carry guns in the Capitol.

“Any one of them could have been carrying a firearm without our knowledge already had they wanted to do so,” Van Hollen said.

Van Hollen seems to understand a fact most anti-gunners fail to grasp, bad people will do bad things regardless of the laws put into place telling them they can’t. A statute passed by some politicians isn’t going to stop a violent criminal from performing a violent act.

“I’m a proponent of concealed carry for law-abiding citizens because I don’t believe there has been a redeeming argument or evidence of the government (needing) to interfere in our lives in that category because there’s just not this pile of anecdotal cases where law-abiding citizens are abusing firearms to the detriment of the public,” Van Hollen said. “So I don’t know that there’s a problem to protect ourselves from.”

This is where the anti-gunners have failed to make a case; they’ve been crying that there will be blood in the streets if carry laws are loosened but so far there hasn’t been any evidence supporting their claim.

Real Contributions to Society

I believe Kevin Williamson summarized a fact of life that I often talk about but can never eloquently express:

CNN, being CNN, misses the point. Mr. Jobs’s contribution to the world is Apple and its products, along with Pixar and his other enterprises, his 338 patented inventions — his work — not some Steve Jobs Memorial Foundation for Giving Stuff to Poor People in Exotic Lands and Making Me Feel Good About Myself. Because he already did that: He gave them better computers, better telephones, better music players, etc. In a lot of cases, he gave them better jobs, too. Did he do it because he was a nice guy, or because he was greedy, or because he was a maniacally single-minded competitor who got up every morning possessed by an unspeakable rage to strangle his rivals? The beauty of capitalism — the beauty of the iPhone world as opposed to the world of politics — is that that question does not matter one little bit.

Bear with me because this post isn’t another about Steve Jobs, but one about those who fail to realize what social good really is. According to many a wealthy person who fails to publicly donate great deals of money to various charitable organizations is an evil man who has gained greatly from society without giving anything back. Truth be told, for many, their wealth was obtained through the social good they provided.

Steve Jobs is only on example of this. Henry Ford is another example, the man innovated the assembly line to manufacture automobiles and paid his employees well so they could afford to purchase those very automobiles and kickstart the market. Affordable automobiles dramatically changed society for the better just as affordable computers did.

Instead of writing a long complaint about Steve Jobs’s less than stellar philanthropic tendencies from a personal computer, you should be writing a long post thanking him for bettering society by having the vision to see computers as more than giant expensive monstrosities that only the wealthiest of businesses could afford. This is the beauty of capitalism, resources are allocated in a voluntary manner to those who best serve the desires of society. If you don’t like Apple computers that’s perfectly OK because you can purchase a computer from one of their competitors. You get a direct vote in saying which good best serves your needs without forcing it upon others.

When you purchase a Ford automobile you’re effectively saying that Ford has found a means of serving your needs better than Toyota. If you purchased a Prius you’re giving your vote to Toyota. Regardless of what automobile you buy it doesn’t effect me and I am still allowed to decide for myself which vehicle will best serve my needs.

Capitalism is a beautiful thing and we should strive to expand it throughout our society instead of expanding government controlled markets.

So Long Steve Jobs and Thanks For Everything

I knew I’d be writing this article sooner or later but I was hoping it would be later… much later. Unless you’ve been living under one of the world’s largest rocks you’ve likely heard that Steve Jobs died last night. It’s strange to see the passing of a business man garner so much publicity but I believe that speaks for the impact he had on the world. Along with Steve Wozniak, Steve Jobs literally changed the world.

If it wasn’t for Steve Jobs I can honestly say I wouldn’t be where I am today. I say this not because Steve Jobs was a man of inspiration for me in my youth, but because the invention he helped nurture into fruition kicked off the personal computer revolution. People will rightfully point out that Steve Wozniak was the man who invented the first marketed personal computer but it would be an act of absolute ignorance to say Steve Jobs had no part in its success. Of the two I’m obviously closer to Wozniak, I’m an engineer who loves to invent and tinker but I have no clue how to market or sell. Jobs’s genius was in his ability to sell the product. Through my career I’ve worked with numerous sales people and I can say without any uncertainty that I truly understand why they’re as important as they are. Without Wozniak there would have been no personal computer as we know it today and without Jobs we would have never heard of the computer Wozniak built.

Whether you love or hate Apple you have to admit Jobs did something few can lay claim to; he changed the world. But the personal computer wasn’t the only thing Jobs could lay claim to, he also revolutionized the music market and the mobile device market. After his return to Apple Jobs took the failing computer and turned it into one of the most successful companies in the world. A major part of that turn around involved the iPod. Although the iPod wasn’t the first MP3 player on the market it was the one that moved MP3 players from a device known only by geeks to a device owned by a great number of people.

Another success under Jobs’s belt was the iPhone. When the first iPhone was released I was still on the Palm Treo 755p so I didn’t see what all the fuss was about. Yes the iPhone looked nice but it couldn’t run any applications and had limited functionality compared to my phone running ancient Palm OS. Like most things Apple introduced though, the iPhone slowly evolved into an incredibly powerful tool. When the news of Jobs’s death arrived one of my fellow computer science graduates called me to talk about it. During this conversation we got on the topic of all the things Jobs accomplished and I remember saying, “Hell, I’m talking on his legacy right now.”

Technology has become so pervasive in our lives that we rarely stop to think about all of the blood, sweat, and tears that went into getting our devices from the prototype stage to a completed product. When you sit down in front of your computer you barely ever think about the efforts of Alan Turning who came up with the theory modern computing is based on. When you pick up your phone you probably never stop to consider the great amount of effort it took to make the device function as well as it does.

Part of what made helped rocket Jobs into success was his attention to detail. If there was one thing Jobs brought to the table, above all others, it was his extreme attention to detail. This is pervasive in all of Apple’s current product lines. The MacBook Pro I’m typing this story on is a beautiful piece of technology that is not only insanely powerful but a work of art in of itself. My phone is a very powerful and complicated piece of machinery that remains simple to operate. This page you’re now reading was uploaded to your computer by a tiny Mac Mini sitting underneath my television.

Many who knew Jobs said he was arrogant and often very difficult to work for. I didn’t know the man personally so I can’t comment on his personal life but there is something to be said for a man who is seen as arrogant yet able to attract some of the greatest talent in the world to his employ. Jobs was a visionary who helped change computers from giant room-sized devices that only large businesses and laboratories had to small device that many households hold many of. He was never one to back down and always followed what he thought was right. To sum the man up it would be easier to say he had balls. It’s rare to find a man who is so incredibly talented that he changed the entire world. What’s even rarer is to find a man who changed the entire world in a positive way.

So long Steve Jobs and thanks for everything. Life on this planet would be far different had you and Wozniak not come together to revolutionize the world. We’ll miss you and I can honestly say the world is diminished without your presence.

New Kindles Released

Yesterday Amazon had their Kindle event where they released their expected tablet device along with two other e-ink based Kindles.

There are now three tiers to the Kindle line starting with the cheapest device simply referred to as the Kindle. Although the price starts at $79.00 that includes advertisements being sent to and displayed on the device. Unlike most websites with advertisements the Kindle’s ads appear to be unobtrusive although I would still pay the extra $30.00 to have an ad-free device. This device should really be considered a dedicated reader as it lacks a hardware keyboard and instead relies on an on-screen keyboard where you use the four-way navigation button on the unit to highlight and select keys individually. So long as you don’t type notes on your Kindle very often this probably shouldn’t act as too much of a deterrent. If you really want a keyboard the previous Kindle can still be had for $99.00 if you’re OK with ads and $139.00 if you want an ad-free experience.

The next tier in the Kindle line is the new touch-screen equipped Kindle Touch. Like the previous Kindle the Kindle Touch comes in two variaties; Wi-Fi only and Wi-Fi with free lifetime 3G. The Wi-Fi only Kindle Touch runs $99.00 for the ad-supported version and $139.00 for the ad-free version. The 3G equipped unit starts at $149.00 for the ad-supported version and $189.00 for the ad-free version. When the Nook Touch came out and I was able to get some hands on time with it I said Amazon would be guaranteed to have some of my money if they ever came out with a touch-screen enabled Kindle. Well they did and Amazon now has $189.00 of my money as I pre-ordered the ad-free 3G version of the Kindle Touch the second it became available for pre-order on Amazon’s website. Sadly I have to wait until November 21st for the unit to ship.

Finally Amazon surprised nobody with the announcement of their new tablet, the Kindle Fire. The Fire will set you back $199.00 (period, there is no ad-supported version) which is pretty reasonable considering the price of most tablets currently on the market. For that $199.00 you will get a Wi-Fi equipped tablet device with a 7″ screen, dual-core processor, and 8GB of on-board storage. While 8GB of on-board storage seems small you also get free cloud storage of all Amazon content which includes both music and movies offered by the retailer. Another thing that you get is access to the Amazon App Store which is really just Amazon’s own version of the Android App Market. Yes the Fire is an Android tablet but you’d never know that by looking at the interface as that has been completely customized by Amazon. While I will reserved judgement until I actually get to play with the unit I will say at first glance this looks to be the first real competitor to Apple’s iPad.

Overall I must say that Amazon continues to find new and inventive ways to get my money. I wish Amazon would put native ePub support on their readers so I wouldn’t have to use Caliber to convert titles in that format to Mobi, that is a very minor issue. It’s great to see competition in the e-reader market as well. Even though Amazon kickstarted the e-reader market with the first Kindle, Barnes and Noble has been doing a great job at releasing competitive products. When the free market is allowed to work the real winners end up being consumers.

Patents on Methods to Keep Your Money no Longer Being Accepted

Seldom can any good news be found in a bill with the word reform in the title but alas I’ve found some. Among clauses that will bail out fraudsters there is one decent point in the recent America Invents Act that disallow patents on methods to keep what is rightfully yours:

Under a provision in the far-reaching patent reform bill, it’s no longer possible to get a patent on a strategy for reducing, avoiding or postponing taxes. (See Section 14 of the law, which downloads here as a pdf.) By the time the bill, known as the America Invents Act, was signed into law, the U.S. Patent and Trademark Office had issued more than 161 tax patents, and another 167 tax patent applications were pending.

The patent system in this country is completely broken and the American Invents Act does nothing to fix the real problems but it’s nice to see a company can no longer sue you for violating a patent on using the complex tax code to your advantage. I know the reason this was slipped into the bill is because the government wants to discourage the practice of using the tax code to your advantage but this may backfire on them. Now when a clever accountant finds a point in the tax code overlooked by the revenuers he can’t file a patent and claim exclusive rights over the practice. This is good news as it may allow more people and companies to avoid a little bit of the theft perpetrated by the government.

Queue Pants Crapping Hysteria

Uh oh the anti-gunners are going to get their panties all in a bunch over this:

This is a near fully printable 5.56mm X 45mm or .233 REM AR-15 magazine. It is current only a 5 round magazine. I left my printed spring design out on purpose for saftey reasons. However, with a little printing experimention and some range time it can be made easily.

What is included is the magazine body, anti-tilt follower, and floorplate.

I have used this magazine, no jams or feed problems….. YET. It works, but be reminded it is only a printed ABS magazine. If you end up using a printed ABS mag spring be prepared for stress relaxation of the polymer over time, especailly if it is kept loaded over a long period of time.

That’s right blueprints are now available that allow you to print your own AR-15 magazines. I’ve mentioned 3D printers before and believe the technology is the next logical leap to take for the post-industrial revolution world. Currently most 3D printers are only able to work with plastics but eventually ones capable of working with other materials, such as powdered metal, could become cheap enough that most households could afford one. Imagine being able to print out almost any part that you need. Theoretically you could manufacture and entire AR-15 with a 3D print (although I believe the barrel could be problematic but certainly not impossible).

This will likely be another technology the anti-gunners will have to attack. Although current laws allow you to manufacture your own firearms for personal use the anti-gunners will claim printing off firearm components violates various “common sense” gun control laws. This will likely lead them to present impossible to conform with legislation that would require 3D printer manufacturers to prevent their prints from printing firearm components.

But as logical human beings we can sit back and enjoy the ingenuity that went into this project and also benefit from it. When I finally get a MakerBot this will likely be one of the first things I print.

Agorism Alive and Well

For those who are unaware agorism is a counter economic system that strives to make an flourishing underground economy. That is to say it strives to make an economy free of government interference. Whenever you do work for a friend in exchange for cash and don’t report that income to the government you’re practicing a form of agorism. As the world economy falls further and further into the pit of failure agorism seems to be becoming more prevalent:

The United States continues to suffer from mass unemployment. People have had to adjust their lifestyles to the new reality—fewer jobs, lower wages, mortgages to pay that are now more than their homes are worth. Millions have dropped out of the job hunt and are trying to find other ways to sustain their families.

That’s where the underground economy comes in. Also called the shadow or informal economy, it’s not just illegal activity like selling drugs or doing sex work. It’s all sorts of work that doesn’t get regulated by the government or reported to the IRS, and it’s a far bigger part of the economy than most of us are aware—in 2009, economics professor Friedrich Schneider estimated that it was nearly 8 percent of the US GDP, somewhere around $1 trillion. (That makes the shadow GDP bigger than the entire GDP of Turkey or Austria.) Schneider doesn’t include illegal activities in his count– he studies legal production of goods and services that are outside of tax and labor laws. And that shadow economy is growing as regular jobs continue to be hard to come by—Schneider estimated 5 percent in ’09 alone.

So the underground economy in the United States alone is estimated to be roughly eight percent of our gross domestic product (GDP). That’s rather impressive, especially when you consider the fact that that statistic doesn’t including illegal activities but only activities that are legal in all ways except their complete ignoring of tax and labor laws.

I personally am in complete support of the agorist movement as I find the very concept of government involvement in the economy detestable. While the government and statists views agorism as theft I view it as a peaceful means of telling the government where they can stick their market interference, wars, and other activities they fund with money obtained through taxation. But as I said the government and statists view it as a form of theft which can be seen by how they refer to the underground economy:

Economist Edgar Feige estimated in 2009 that unreported economic activity was costing the US government $600 billion in tax revenues, and the growth in that number—from the Internal Revenue Service’s 2001 estimate of $345 billion—indicates the growth of the informal economy. Reporting on Feige’s work, Dennis Chaptman noted, “As the recession deepens and regular employment opportunities decline, unreported activities tend to grow, thereby swelling the tax gap and worsening the government’s budget deficit.”

Notice the wording, “costing the US government $600 billion in tax revenues.” Statistis view the product of all labor as property of the government as evident by the fact they consider taxation a form of revenue. Using this line of thinking you would be robbing the government of tax revenues if you took a pay cut that caused you to pay less income tax.

The product of your labor is not the property of the government, it’s your property. If you do not report your income to the government you’re not robbing them of revenue as the money they would have obtained from taxing your income was never rightfully theirs in the first place. Something can not be considered revenue if it would have never been rightfully yours in the first place.

Another way of thinking about this is through the example of a mugger. Let’s say a mugger robbed 10 people one year and obtained $100.00 from each of his victims for a total of $1,000.00. Now let’s say, due to these muggings, eight of the mugger’s victims went out and obtained a firearm and a carry permit. The following year the mugger attempts to rob the same 10 victims for the same amount but is only able to successfully mug two of them as the other eight pulled a gun on him and he ran off. As the mugger was only able to mug two victims for $100.00 each his take for the year was $200.00. Would you say that he suffered a $800.00 loss in revenue? Most people I know would not but that’s exactly what the government and statists are claiming.

Personally I’m glad to see the underground economy growing at such a rapid rate. Government interference in the free market is what originally lead to our economic woes and their attempts to lessen or shorten this depression have only caused it to linger longer and become more severe. Why should the government receive a cut of our labor if they are the reason we as a country are becoming less prosperous every day? Would you continue to pay an employee who continued to cost you money through his actions? No, you would fire that idiot and try to find somebody competent to replace him. Let us fire the government from our economy and instead move towards more underground activity where all transactions are voluntary and each participant gets to keep the entire product of their labor.

Apparently Making Pistols Isn’t the Only Thing Gaston Glock Knows

It seems building damn fine pistols isn’t the only thing Gaston Glock is good at, he’s also good at picking up women younger women:

Gaston Glock, 82, founder and owner of Glock g.m.b.H., has married Kathrin Tschikof, 31, after a seven year relationship. Kathrin is the CEO of the Glock Horse Performance Center, an equestrian organization owned by Gaston Glock.

Not bad for an 82 year-old man. It is my firm belief that Mr. Glock needs to write a book, I’d read it.