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[ChairmanPoo]

Apparently, a hurricane is headed my way (Ireland) on Monday.
I've backed up both my novels on Google and memory stick in case my computer gets trashed.
Hopefully I myself won't get trashed, I still haven't finished either of the bastards.

Losing strenght though.

Wouldnt be too worried. So far business as usual is expected on Monday afaik

[Fniff]

Good to hear, hopefully it should hold.
Still, it'd be nice to get some of that sweet relief money, especially if we keep refusing that bill Apple sent us*.

_{* To non-ireland people. Ireland's government bends over to corporations on a ludicrious level. Case in point, Apple has been forced by the EU to pay 13 billion in tax to Ireland's state. For a variety of complex economic reasons (which to me boil down to 'we're petrified that if we tax corporations our neoliberal utopia will collapse', but I'm stupid so), we refused the bill. To repeat: one of the worst affected countries by the Recession refused thirteen billion euros. At this point, I'm hoping I got something wrong so I don't live under such a deeply stupid government)}

[redwallzyl]

Good to hear, hopefully it should hold.
Still, it'd be nice to get some of that sweet relief money, especially if we keep refusing that bill Apple sent us*.

_{* To non-ireland people. Ireland's government bends over to corporations on a ludicrious level. Case in point, Apple has been forced by the EU to pay 13 billion in tax to Ireland's state. For a variety of complex economic reasons (which to me boil down to 'we're petrified that if we tax corporations our neoliberal utopia will collapse', but I'm stupid so), we refused the bill. To repeat: one of the worst affected countries by the Recession refused thirteen billion euros. At this point, I'm hoping I got something wrong so I don't live under such a deeply stupid government)}

Neoliberals will never realize what their doing wrong. No matter how bad they fail over and over. I'm getting really sick of hearing them spout the same lies over and over.

[Reelya]

Well that reminds me of something I read about Argentina. The Kirchner administration did some left-wing economic reforms, however pundits said businesses would "go galt" (capital flight). The problem was that they already followed through on "going galt" during previous administrations, so there was nobody left to "go galt" by then, and Kirschner was able to grow the economy through reforms without any significant negative effects.

The proper response to businesses "going galt" is "ok then see you later then, don't let the door hit you on the way out", because they need access to your market more than you need them. If there are opportunities someone will capitalize on them even if the profits are half what they were before.

[heydude6]

The proper response to businesses "going galt" is "ok then see you later then, don't let the door hit you on the way out", because they need access to your market more than you need them. If there are opportunities someone will capitalize on them even if the profits are half what they were before.

Interesting. I never thought of it that way. Maybe “brain drain” isn’t as big of an obstacle to socialism as I thought it was.

[Reelya]

Well, one thing about "brain drain" I recently read is that India back in the 70s/80s was very worried about "brain drain" but then what happened was that at the start of the boom, tons of ex-pat Indians came back and effectively bootstrapped the modern Indian middle class.

The same thing seems to be happening with China:
https://www.thenational.ae/world/asia/expats-return-to-a-revitalised-china-1.529394

[redwallzyl]

Well that reminds me of something I read about Argentina. The Kirchner administration did some left-wing economic reforms, however pundits said businesses would "go galt" (capital flight). The problem was that they already followed through on "going galt" during previous administrations, so there was nobody left to "go galt" by then, and Kirschner was able to grow the economy through reforms without any significant negative effects.

The proper response to businesses "going galt" is "ok then see you later then, don't let the door hit you on the way out", because they need access to your market more than you need them. If there are opportunities someone will capitalize on them even if the profits are half what they were before.

We really need a global ban on corporate tax havens. that would make corporations at least have to pay some of their taxes and stop them from running away.

[Reelya]

We really need a global ban on corporate tax havens. that would make corporations at least have to pay some of their taxes and stop them from running away.

John Stossel is great at that stuff. He just so calmly spouts libertarian nonsense as if it's common sense. e.g. he wants USA to remodel itself based on Singapore, because they have "low taxes" and they're doing really well economically*. "Everyone become a tax haven" is basically Stossel's answer to your problem. He's comedy gold, mainly because of how straight-laced he spouts this utter bullshit. A city-state that's a trading port / tax-haven doesn't scale up, because Singapore is entirely dependent on filtering off a share of trade from larger nations, rather than producing anything.

*And there's the fact that the Lee family's companies produce 30% of the total GDP of the country, so they are getting 30% of the raw profits from the nation instead of taxation. The near-monopoly (on large businesses) is in lieu of taxes. So it's not the libertarian model state it's claimed to be.

[redwallzyl]

We really need a global ban on corporate tax havens. that would make corporations at least have to pay some of their taxes and stop them from running away.

John Stossel is great at that stuff. He just so calmly spouts libertarian nonsense as if it's common sense. e.g. he wants USA to remodel itself based on Singapore, because they have "low taxes" and they're doing really well economically*. "Everyone become a tax haven" is basically Stossel's answer to your problem. He's comedy gold, mainly because of how straight-laced he spouts this utter bullshit. A city-state that's a trading port / tax-haven doesn't scale up, because Singapore is entirely dependent on filtering off a share of trade from larger nations, rather than producing anything.

*And there's the fact that the Lee family's administration own about 60% of all businesses in Signapore, so they are getting 60% of the raw profits instead of taxation. The near-monopoly is in lieu of taxes. So it's not the libertarian model state it's claimed to be.

That shit is so dumb its tap forehead meme worthy.

[Reelya]

*note I miffed and it's 30% government ownership of GDP, not 60%. But the point still stands. That's a lot of government revenue compared to a normal nation. So that's Singapore's government getting about the proportionate revenue as all levels of US government does, even before taxes are considered on the other 70%.

(Total tax revenues in USA are about 35% GDP, whereas Signapore gets 100% of 30% of the GDP, plus maybe ~20% of the other 70% of the GDP (ballpark figures), which would be around 45% of the GDP in revenue).

[redwallzyl]

*note I miffed and it's 30% government ownership of GDP, not 60%. But the point still stands. That's a lot of government revenue compared to a normal nation. So that's Singapore's government getting about twice the proportionate revenue as the US government does, even before taxes are considered on the other 70%

sounds basically equivalent to Russia's oil revenue from its companies then.

[Reelya]

Here's a good Stossel one:
https://www.youtube.com/watch?v=fmuTTeESEs4

Hong Kong and Signapore are the only nations in the world Stossel likes, and he keeps going on and on about them. It's actually kinda cute.

[ChairmanPoo]

Good to hear, hopefully it should hold.
Still, it'd be nice to get some of that sweet relief money, especially if we keep refusing that bill Apple sent us*.

_{* To non-ireland people. Ireland's government bends over to corporations on a ludicrious level. Case in point, Apple has been forced by the EU to pay 13 billion in tax to Ireland's state. For a variety of complex economic reasons (which to me boil down to 'we're petrified that if we tax corporations our neoliberal utopia will collapse', but I'm stupid so), we refused the bill. To repeat: one of the worst affected countries by the Recession refused thirteen billion euros. At this point, I'm hoping I got something wrong so I don't live under such a deeply stupid government)}

Ok you can be terrified now.  Ophelia is gaining strenght.

[Fniff]

Yeah, my mum just told me.
Wish me (and ChairmanPoo) luck!

[ChairmanPoo]

Yeah, my mum just told me.
Wish me (and ChairmanPoo) luck!

Same, man.

I hope it wont be terrible and we'll just get horrible weather for the day

http://www.irishexaminer.com/breakingnews/ireland/ophelia-hse-cancels-all-outpatient-appointments-as-status-red-wind-warning-extends-to-entire-country-809927.html

Kinda worried.

Update 21.56pm: The HSE has said all hospital outpatient appointments are being cancelled tomorrow following the upgrading of the Red Weather Warning by Met Eireann to the whole country.

Patients do not need to attend or contact their hospital and they will be rescheduled as soon as possible.

Patients who are scheduled to have a planned procedure can contact the hospital in the morning to confirm if their procedure is going ahead.

In order to minimise unnecessary travel risks for patients, only urgent procedures will take place tomorrow and only essential community services will operate.

This will be messy

Patients and public are being advised not to travel tomorrow for hospital clinic appointments or non-urgent elective/planned procedures, according to the HSE.

This includes day case procedures as services deemed non-urgent have been postponed.

All appointments affected will be rescheduled by the relevant hospital.

Hospitals affected are University Hospital Kerry Cork University Hospital, Mercy University Hospital, South Infirmary University Hospital, Mallow General Hospital, Bantry General Hospital.

If patients are unclear about whether to travel for their appointment, they should contact their hospital using the phone number on their appointment letter.