July 2002 - cypherpunks-legacy

Thanks For Signing UP!
by Staff 12 Jul '02

12 Jul '02

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None
by aol.com 12 Jul '02

12 Jul '02

TRIPLE CLIMAX FOR WOMAN!!!!!!! INDUCES MULTIPLE EROTIC ORGASMS!!!! MONEY BACK GUARANTEE!!!!! $89.95 + $4.95 S/H TRIPLE YOUR ORGASMS NOW!!!!! GO TO WWW.TRIPLECLIM AX.COM OR CALL 1-800-341-4054

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None
by aol.com 11 Jul '02

11 Jul '02

TRIPLE CLIMAX FOR WOMAN!!!!!!! INDUCES MULTIPLE EROTIC ORGASMS!!!! MONEY BACK GUARANTEE!!!!! $89.95 + $4.95 S/H TRIPLE YOUR ORGASMS NOW!!!!! GO TO WWW.TRIPLECLIM AX.COM OR CALL 1-800-341-4054

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Slashdot | Latest UDRP Stupidity: Unix.org, Canadian.biz (fwd)
by Jim Choate 11 Jul '02

11 Jul '02

http://yro.slashdot.org/yro/02/07/11/1320257.shtml?tid=95 -- ____________________________________________________________________ When I die, I would like to be born again as me. Hugh Hefner ravage(a)ssz.com www.ssz.com jchoate(a)open-forge.org www.open-forge.org --------------------------------------------------------------------

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Weekly Handset Sale!
by Carlo Rodriguez 11 Jul '02

11 Jul '02

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Re: Tax
by Michael Motyka 11 Jul '02

11 Jul '02

>Nomen Nescio wrote: >> > Are you saying that if someone is legally resident in the US >> > for a while, the US IRS will attempt to get his assets all >> > over the world forever? I find this hard to believe. > >On 10 Jul 2002 at 15:40, F. Marc de Piolenc wrote: >> Not necessarily "get" them, but tax them. Believe! > More like tax any income derived from those assets.

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Re: Rant: The U.S. facing the largest financial collapse ever
by Anonymous 11 Jul '02

11 Jul '02

Tim May writes: > As everyone should know by now, and probably does, the Social Security > scheme in the U.S. is nothing more than a large Ponzi scheme. Payroll > taxes, amounting to about 15% of income up to some level (ratcheted > upwards every few years), go straight into the General Fund, where the > 34%-39% top tax rate funds and all of the other taxes go into. > > The General Fund (not its official name...it may not have one) issues > the SS Geheimstatssecuritatwelfarefund an "IOU" for the trillions owed > by the General Fund to the SS G. > > Those IOUs are not even computed as part of the national debt. (!!) Talk > about using Enron accounting! Standard accounting rules are completely inappropriate when looking at the situation for an entire country over a period of decades. By this reasoning, a young family borrowing money to buy a house is making a huge mistake because it will be in debt to the tune of several years' salary. What is overlooked in this analysis is that the family, just starting out in the world, can expect increased income over years to come. In the long run, that house will be very affordable based on the expected growth in income. But standard accounting principles do not take into account expected future income. This shows up most drastically in the case of Social Security, where we are supposedly $20 trillion in debt. What about the income which will be used to pay off that debt? Those figures are not included. The fact is, like a young family starting out in the world, we have every reason to expect our income levels to rise steadily over future decades, just as they have done in the past. The world is not a static place. Technology and science are improving at an ever-increasing rate. These translate into productivity improvements, greater national income, and a higher standard of living. In fact, with biotech, nanotech, and all the other -techs that are expected to become feasible within the next few decades, there is every reason to expect that our income will begin growing at unprecedented rates. See some of the predictions at www.kurzweilai.net for examples of what the future is likely to bring. (For a good laugh, get Tim May to repeat his prediction about how nanotech will never go anywhere! This at a time when you can hardly pick up a business magazine without finding another article about this new investment opportunity. Take it as further evidence of his prognosticative abilities, which are demonstrated in this thread as well.) Against this background, it's pointless to worry about a Social Security debt amounting to $200,000 per household over many decades. By the time today's young people are old enough to begin collecting retirement, two major changes will have occured: First, the world will be a much wealthier place; standards of living will likely have more than doubled; technology will have created commonplace devices that would be literally priceless today. For such a world, providing the retirement benefits at the levels specified by today's laws will be easy and cheap. But second, and more importantly, health and longevity will likely have increased substantially as well. By 2040 it's highly unlikely that a 65 year old man will be facing the kinds of health limitations that a man of that age has to deal with today. Four decades of medical research will allow people who are elderly by today's standards to retain considerable health and vigor. There will be no need to retire by 65 if people don't want to; they can work productively for many more years. Of course these changes will have almost infinite ramifications as they affect other parts of society. The world is likely to be a very different place in the next decades, as the pace of progress continues to quicken. It's impossible to predict how it will all work out. But it seems safe to say that the world will give people far more choices and opportunities than we see today. Those people who do choose to retire at a youthful 65 can be easily supported by the incredible productivity increases which the working population enjoys. In fact, retirement benefits may well be increased far beyond what seems practical today, as by the standards of our future wealth, today's comfortable living is seen as the squalor of poverty. We have seen this trend going on for many decades, and it is only going to increase in the future. There are great things ahead, and it's sad to see someone who claims to have a clear vision of the future get caught up in such petty concerns as Social Security obligations. There are serious problems ahead, some of which were brought up by Bill Joy in his famous article. But paying for Social Security isn't one of them.

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:: New Statesman :: The extinction of species and why it matters more than you thing (Small World Network) (fwd)
by Jim Choate 11 Jul '02

11 Jul '02

http://www.newstatesman.co.uk/site.php3?newTemplate=NSArticle_NS&newTop=Sec… -- ____________________________________________________________________ When I die, I would like to be born again as me. Hugh Hefner ravage(a)ssz.com www.ssz.com jchoate(a)open-forge.org www.open-forge.org --------------------------------------------------------------------

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NewsForge: Gilmore's donation will create P2P program to compete with for-pay RPM update services (fwd)
by Jim Choate 11 Jul '02

11 Jul '02

http://newsforge.com/newsforge/02/07/11/1443232.shtml?tid=11 -- ____________________________________________________________________ When I die, I would like to be born again as me. Hugh Hefner ravage(a)ssz.com www.ssz.com jchoate(a)open-forge.org www.open-forge.org --------------------------------------------------------------------

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SSZ Downtime - This weekend
by Jim Choate 11 Jul '02

11 Jul '02

There will be a scheduled system upgrade beginning tomorrow evening through Sunday evening. Reliability will suffer. Use my Open Forge address for contacts in the interim. -- ____________________________________________________________________ When I die, I would like to be born again as me. Hugh Hefner ravage(a)ssz.com www.ssz.com jchoate(a)open-forge.org www.open-forge.org --------------------------------------------------------------------

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