Episode-212- My Thoughts on Earth 2100 — 15 Comments

  1. Jack i think your right about the sheep.If the sheep always depend on the sheep dog to look over them they will have a false sence of security.If they become a sheep dog they will look out for themselves and others. good show

  2. I think the link you provided for Earth 2100 trailer is a fake… someone made their own ‘trailer’ of the book it seems using scenes from Children of Men.

  3. Jack, I do agree that if people have the ability they should pay their bill. The house isn’t like a job in that I didn’t agree to remain at my employer for 30 years. If I show up, they pay me – end of story.

    I disagree that if you have the ability and don’t you can be prosecuted criminally. There is no federal or state criminal code that requires anyone to pay their debt. The worst that can happen is you can be sued in a civil court. The only way you can go to the big house is if you lied on the contract, signed something that wasn’t true, stole an identity, misrepresented your income or debts, etc. Simply not paying your debt, under the circumstances you described, won’t get anyone in jail. It is the same with credit cards, you could get a card, rack up $100k in debt and declare bankruptcy and there is zero chance you will go to jail. Highly immoral, but not going to send you to jail.

    A while back, there was a big trend for newly minted doctors to rack up $250k or more in student loans and declare bankruptcy just before they get the big job. It was perfectly legal at the time and nobody went to jail. They modified the bankruptcy laws to make student loans exempt from bankruptcy forgiveness to stop the widespread abuse.

    There are also several states (California and Montana at least) where the home loan is granted solely with the house as collateral. “No-recourse” loans are made every day where they bank agrees to not chase anyone who defaults in exchange for a much more streamlined and rapid foreclosure process – nonjudicial. We can debate whether it is right or wrong but the contract essentially says pay this amount or give me your house. They can’t garnishee your wages, sue you in court, place leans or attach your bank account – no recourse but the collateral in the house.

    This is one of the factors I believe will contribute to lesser credit available for the medium term at least. Banks can’t sell this debt anymore (nobody wants it), so they will need to keep a better eye on who they loan to and under what terms. All in all, a good thing in my opinion.

  4. Jack,

    Sorry, I have to disagree with BOTH of the assertions that not paying your mortgage is a white collar crime. First off, it is THEFT. If you took money from someone and promised to pay it back, but then intentionally failed to do so. . .that is THEFT. You broke your promise/contract. It is called Fraud. It is both civilly and criminally litigable.

    Second, I take a slight diasgreement with YOUR description. Stop calling it a “White Collar” crime. Theft is theft. Fraud is fraud. It’s a crime and people who do it are CRIMINALS, white-collar, blue-collar, or no-collar. Calling it a white-collar crime is actually incorrect as this usually refers to crimes committed by professionals, either business or criminals (as in professional con-men).

    Sorry, just had to put it in there.

  5. Jack

    You are incorrect about the EPA regulating the manufacture of silicon. The EPA did state that it may regulate some gases used in computer chip manufacture but this hasn’t happened yet.

    The availability of silicon was limiting the manufacturing of solar cells. The amount of silicon used by the computer industry is small compared to what is needed for solar cells and they had to scale up production. This has happened. In addition to this thin film solar uses a very thin coating of silicon on glass for the manufacture of solar cells. Both technologies work well and availability of silicon is no longer a limiting factor.

    I have a friend who designs solar factories. He tells me that solar manufacturing is going overseas for two reasons. The big one according to him is taxes. The US corporate tax rate is about 28% and the tax rate in China, Taiwan, and Singapore is about 10%. It’s easy to move your business when the difference in taxes means your profit will be 20% higher. The second reason he gave is that solar panels are large and heavy. Right now the market for solar cells is Europe and Asia. The US isn’t buying them in significant numbers at this time. People build factories near the market because of the high shipping cost. If the US were to start buying solar cells then the industry would move to the US. If we wait 5 years to start pushing solar, it will all be manufactured overseas.

    Another limit on solar is the limited number of qualified installers. Currently installation is more than 50% of the cost for a solar system. We need more people trained in this.

  6. @Ken

    Dang it from what I can find you seem to be correct that there is some buzz about EPA interference with silicone manufacturing but nothing really hard set at present time.

    I got that info on the Glenn Beck show, someone better straiten that guy out (grin).

  7. Jack,

    Again, no offense intended, but my point was that “White Collar” crime is defined as certain crimes (e.g., Fraud, theft, embezzlement, etc.) perpetrated by either professionals (e.g., businessmen or government officials) or professional criminals (Con men) and not the average person.

    This is also supported by the link you gave: ” . . .the term “white-collar crime” was reportedly coined in 1939 by Professor Edwin Sutherland and has since become synonymous with the full range of frauds committed by business and government professionals.”

    A homeowner who does what you indicate is just a criminal, guilty of Theft or Fraud or whatever that state’s statutes outline.

    I’m sorry if I didn’t make it clear enough in my first response. I know it’s technically splitting hairs as these definitions are primarily used in the legal and criminal fields as well as in academia.

    The Professor,
    D. Crim, J.D.

  8. Right on Jack. Nicely put. You continue to cross idealogical lines, impressive. To freedom.

  9. Very Interesting about 2100, but even if these events are possible, they are not probably, except one event in a million years.I do think we can be ready for some of it, but not the really bad stuff.

    Anyway, it would be nice if we could pack up water of our own in small amounts that we could cache, or put in our bug out bags other than plastic bottles, or spending a dollar for a 4 ounce pouch!!

    I would love to know how to store water in mylar bags like they do for the kits. Could you fill small mylar bags with water, freeze, then vacuum seal? How long would they last? Seems they could last longer than bottles. Should there be clorox or colloidal silver added to keep it safe?

  10. Hello Jack

    I am writing this email in response to your commentary on a listener regarding walking away from a mortgage contract.
    It is an honorable gesture to stand behind contractal/mortgage agreement. However, I whole heartly disagree. When I signed my mortgage, I agree to it under “normal” conditions (the property was valued/appraised by “legitimate” methods).
    I understand that ones property value is affected by changing local condtions (i.e. socio-economic change). I would even understand if my property value did not increase due to national economic forces. However, the process that was used when I agreed to pay for the mortgage was a fraud.
    I agreed to a house that was supposedly valued at 300k not 150k. (Again I understand if locally some socio-economic change impacted upon the value of my house). Every level involved in the sale my house were in cohoots with each other.
    If the people invovled in selling and providing me my mortgage were honorable I would totally agree with you but as all the evidence suggests, they were not. Fraud negates consent.

  11. @John

    Remember the person asking the question stated

    1. They had the money to pay the mortgage

    2. They just wanted out of the house

    3. They choose to stay and not pay

    4. The goal was to stock pile money and skip out

    That is not a person getting in a tough spot and you were not defrauded either when you bought your house. You agreed to a price, you made that commitment.

  12. @John

    After re reading YOUR COMMENT if you are correct (though I do have my doubts) that your parties all conspired (seller, bank, apraiser, title company) to misrepresent the price of the home to you then yes that is fraud.

  13. I appreciated your responses. I am in total agreement with both comments. There were other arguments I would have made (e.g. legal/ethical) but I felt the ones I stated were strongest.

    I believe that when I give my word, I give it wholeheartly. However if the rules of the game change, well I guess as they say \"all bets are off\".

    There was a comment made by a t.v. commentator who said he was angry that he had to \"bail out\" his neighbor who decided to I guess foreclose hurting the homeowners around him (I believe it was just an example). However, I rather have our tax dollars \"bail out\" my neighbor (at least I can see where the money went) then to have given it to the banking/financial institutiions who took the money (no one knows where it went) and ran.
    Thanks again.