Tuesday, May 26, 2015

I Am Friends With Muslims, But...

I vette them very thoroughly.

Inferior vs. Superior People

Just stating the obvious which too many people lack the spine to state:

Rainy Day Linkage

Chris and Aurini do the work that the MSM won't.

One of my old haunts is being sold, hopefully remaining the same.

Which is why I got to the Black Hills often.

70% of you can't think you're above average and 80% of you can't think you're special.  But don't let reality get in the way of the "Self Esteem Movement."

Traditional universities replaced with rooms full of servers.

The top 9 gods liberals worship.

Dr. Helen makes a funny!

Harland Williams makes the note that Mad Max is not about Mad Max. And no, I still haven't seen the movie.

Attacking the wrong degenerates (though I do wish Mr. Aurini would not use the word "faggot")

Monday, May 25, 2015

Society vs. The Individual Part 1

I originally intended this to be a short video, but the more I thought about it, it was so detailed and important, I decided to make it a post.  Then once I delved into the rabbit hole, I noticed it really is a two part post.  Problem and then Solution sort of thing.  Anyway, if you would be so kind as to forward this to anybody you know that would appreciate it or benefit from it, I would be very grateful as I think in these two posts are the PRACTICAL key for improving many people's lives and the condition of the country.

The relationship between society and the individual, by nature, has to be symbiotic.  Society is made up of individuals and it would logically follow that strong individuals make up a strong society.  However, over time and under different environments the relationship between society and the individual is not always mutually beneficial.  And if that's the case it's almost always society benefiting at the expense of the individual as the many can conspire against the individual and not the other way around.  It's simply "there's 8 of us and only 1 of you, guess who we're having for diner!"

We see this "society taking advantage of the individual" throughout history as well as today.  Mob-rule democracies using government to force individuals to pay for the masses' mistakes.  Religion telling its adherents to donate to the church or burn in hell.  Even the unconscious psychology of tribalism effectively enslaving the individual for the benefit of the commune.  There are many instances where the individual is right, and society is wrong.

But aside from the time and monetary costs the individual pays for the benefit of society, there is another egregious cost that is often ignored, but the individual must pay - his sanity.

While paying taxes, being forced to donate to a church, or getting beat up because you dared to "act white" and get good grades are clear and identifiable prices the individual pays, in order to keep the individual from going into full revolt or Galt, society needs to brainwash the individual so they don't dare question the parasitic nature of society's relationship with them.  To that end a whole host of lies, narratives, political correctness and propaganda are shoved down individuals' throats to keep them from asking questions and keep them from independent thought.  However, this "brainwashing" is nothing as simple as merely disseminating lies and repeating it enough that people "start to believe it."  It's a masterful, elaborate, and purposefully designed strategy, starting when the individual is all of 4 years old and never ending until that individual is dead and society has used him up as much as possible. 

But as "masterful, elaborate and purposefully designed" it is, this brainwashing is above all else thorough and incredibly effective.  If I were to estimate it right now, nearly 95% of westerners are brainwashed and believe in what are nothing more than outright lies.  And not only do they believe in these lies, the brainwashing is so effective they have an emotional investment in these lies so that if any of you were to dare question the veracity of those lies, most people would react violently, at minimum, angrily.  However, no matter how emotionally vested these people are in these lies, it doesn't change the fact they live their lives and base INCREDIBLY important life decisions on these lies which results in the aforementioned true price they pay - sanity.

The examples are limitless.

"The Nice Guy"

How many millions of men suffered decades of insanity believing the lies SOCIETY told them about what women wanted in men?  Here you have what is no doubt the STRONGEST and MOST IMPORTANT biological drive young men have in their lives and did society tell them the truth about what women wanted?  Did society tell them, "Hey, women want:

"A physically strong man."
"A leader."
"A man who will not be dissuaded or deterred"
"A provider who can support a wife, mortgage, and children?"

No, society LIED to (now three) generations of young men telling them women wanted

"A nice guy."
"A sweet guy."
"A sensitive 90's guy."
"A guy who listens."

The ultimate end result was a 50% divorce rate, sexually frustrated women, weak, effeminate men, destroyed families, and (now three) generations of men who have ruined financial and romantic lives.  But all of that pales in comparison to the INSANITY these men suffered because they "did what they were told" and had absolutely no success to show for it.  The sheer madness that ensued when you attempted to be successful at what was arguably the most important thing in life, only to constantly fail, but only to constantly be told to redouble your efforts on the same plan is a psychological pain many men can testify to.

But still, no matter how much destruction these lies caused or how many men in their 20's it drove mad, at least society (in the form of government, divorce courts, the psychology profession, and feminist intelligentsia) benefited.

"You Can Have It All"

Before we paint men as the sole victims, women have suffered too.  And not in the "glass ceiling" or "wage gap myth" sort of way.  The lies society told women was that "they could have it all" and "you ARE the exact same as men."  And so (now three full) generations of young women went out and instead of pursuing families (like they had for 99.995% of human existence) they believed society and all tried to be:

Mothers
CEO's
Doctorates
PTA officers
Yoga attendees and
Race car drivers

And ALL AT THE SAME TIME NO LESS!

And forget the mathematical impossibility of doing all of this effectively with only 24 hours in a day.  The real coup de etat was society actually got women to believe that work is fun or something to be desired!

The result, again, is divorce, destroyed families, ill-reared children, regret, and single-parent homes.  However, the true price paid is the INSANITY women have suffered "doing what society told them to do," but being less happy than generations past.

Still, it doesn't matter.  Society (in the form of government, feminist intelligentsia, and corporate employers) benefited from increased tax rolls, misery-loving company, and a labor market flooded with new and cheap labor. 

Education

If there's a perfect example of the individual suffering insanity because they believed society's lies, today's labor market for college graduates is it.  For you could not have a more textbook example of thoroughly effective and successful brainwashing than today's Millennial college graduates.

Fed spoons' full of lies since kindergarten, today's latest generation actually believed in what their Gen X peers proved wrong - "do what you want and the money will follow."  "Any degree is a good degree."  "It doesn't matter what you get a degree in, it's what you do with it."  Add to that the ass-kissing lie that "they were the future" and these deluded sheeple actually thought majoring in Sociology would land them a job

But sadly, after 4 years undergrad, 2 years in a masters program, another 2 for a doctorate and voting for Barack Obama twice, your average Millennial has $78,000 in student loans, a lousy labor market, no skills and lives with their parents.  Can you imagine not just the insanity, but the terror and fear these poor kids have now that it looks like their lives are ruined forever and will come NOWHERE NEAR to what they were promised?

Oh well.  No matter.  Democrats got their votes, academia got $1 trillion every year this generation was in college, and employers now have MILLIONS of new and ESPECIALLY DESPERATE people begging for jobs.  Again, society won at the expense of the individual.

Careers

And finally careers.

If you were like me, you too believed the lies society told you about what it took to succeed at a career.

"Hard work, an education, loyalty, creativity, and innovation!"

So there you went, believing the lies, majoring in a hard and seemingly practical subject.  Studying day and night to get that 3.8 GPA.  Going that extra mile working an unpaid internship to "improve" your resume.  Taking extra classes to get extra certifications with random acronyms. ("I got my DPT and my EGS certifications!  But I'm still working on my XKT cert!")  And dancing like a trained dog to perfect your resume, answer HR's frivolous questions, and "score that job."  You may have lowered yourself to reading books on the topic and endured "mock interviews."

But sadly, in the end, to be successful in Corporate America you need to lie, cheat, scam, manipulate, even threaten.  You need to be borderline criminally aggressive, preferably a highly functional sociopath...that is of course assuming you're not the boss' son, or performing fellatio on him.  Then you just be you.

Regardless, once again, think of the billions in cumulative lives that were wasted by aspiring "loyal corporate men and women" who believed the shtick, sacrificed their families, friends, and lives for a career that was never going to be.  How much insanity did they endure "doing what they were told," deteriorating in 2 hour daily commutes, only to deteriorate more for 10 hours a day in a cubicle, for decades only to never get promoted or get that dream job?

Doesn't matter.  Society wins again.  Employers dupe stooges into becoming effective slaves on the cheap.  Governments take in more in taxes.  Banks make a fine profit off of the interest on that house you can barely afford.  And the day care provider industry is only more than thankful you decided to outsource your children.

We could go on, but I think you get the point. 

The moronic yuppie couple trying to afford the McMansion and sports SUV's who believed in the rat race only to benefit society in slave labor, more taxes, credit card companies, and mortgage interest. 

The impoverished black male who thinks his lot in life is because of "evil white men," when it's his new slave masters he's benefiting, namely Al Sharpton, the police, and the Democrat party.

Or the "heroic single mom" who actually believes she's heroic (when in reality she's ruining her and her childrens' lives), but at least she'll fork over the money to Oprah, watch "The View" and vote for more government money.

Nearly everybody in the western world believes in, and lives their lives by, lies that society told them to simply take advantage of them.  The lies are very sweet, and often times assuages you of any guilt or responsibility for your mistakes in life (which often times explains the violent/angry response when the lies are pointed out as it is forcing a mirror into people's faces).  But let us be clear.

THEY

ARE

LIES

They're not true.

And if you live your life by these lies, you will suffer because your decisions are not being made in reality. 

Part 2 will address the herculean effort it takes to no longer believe these lies, as well as the punishment society will unleash upon you if you dare to no longer believe them

Sunday, May 24, 2015

Thursday, May 21, 2015

"The Truth About George Washington" by Stefan Molyneux

I thoroughly enjoyed this lengthy podcast/investigation about the rise and competency of George Washington.  Even if you think George Washington was god, it is still interesting to note the effects of connections and cronyism in Colonial American politics.  I would be curious if anybody from the UK or US would be able to corroborate it on account I trust Stefan Molyneux's intent and veracity.

Wednesday, May 20, 2015

Help a Fellow Cappy Cappite Find His Lost Son

Bad news every one.  A good friend of mine's son has gone missing. 

The kid's name is Danny/Daniel Domres and he is a soldier based in Colorado Springs that has gone AWOL.  The details are here, but the kid could be anywhere.













Anyway, keep an eye out for him or if you know about his whereabouts please contact the ole Captain.

If Blogs Were Stocks, We'd All Be Millionaires

An outstanding point by one of my commenters:

What's the point of trying to save $300,000 in a retirement plan paying 2%? That's only $6,000/yr in income... so, does that mean if you start up a website that generates $500/month income that it also is worth $300,000?

If so, I'd say it's a helluva lot easier to start the website than to save $300,000 - especially since it will take 36 years to double your capital with interest compounding at only 2%. 


This was in response to my original post that given the insane valuation multiples of the stock market, I can get a higher rate of return by investing in stupid ideas like this.  Yes, it's not as liquid, yes, there are no perpetual, magical "capital gains," but the cash flow (which once again is the ONLY thing that drives the value of any investment) is a lot more than a paltry 2%.  Ergo, if you really want to look forward and not be part of the 401k Clergy Sheeple Congregation, in addition to your 401k or IRA you may want to put forth a little effort into starting a little business on the side.

Tuesday, May 19, 2015

What Precisely is a "World Reserve Currency?"

A video request that turned out to be a pretty good lesson for those new, young, aspiring economists here on Cappy Cap.

Finance Industry as a % of GDP

Time for a simple economics lesson we can all enjoy.  So gather round and listen to ole Uncle Cappie.

The finance industry, technically produces nothing of value.  Yes they provide banking services.  Yes they keep your money safe.  But in the grand scheme of things the finance industry merely supports the production of stuff.  It in it of itself produces nothing of value.

Because of this you would like to see the finance industry account for as small as a percentage of GDP as possible as it would indicate the industry is being "efficient" by supporting the "real" economy consuming as little as possible in terms of resources.  Matter of fact, you'd like to see it shrinking as this would indicate efficiency gains allowing the finance industry to support increasingly more real production while consume the same or less amount in terms of resources.

So what has happened to the US finance industry as a percentage of GDP?  Well this.


























While at the end of WWII the finance industry only accounted for 2.5% of GDP, today it's now over 7%, almost reaching 8% during the height of the housing bubble.

So why is this happening and why should you care?  Because it explains a lot about the global economy and portends things for our future.

First, the US economy has gone from an industrial one to one where we are increasingly  more service based.  The decline in industry and manufacturing was caused by outsourcing our industries overseas as labor (and taxes) were typically cheaper.  This helped increase services as a percent of our GDP, partially explaining the tripling of the finance industry's size relative to GDP.

Second, manufacturing is hard and math based.  If you had the choice to work on an assembly line, doing manual labor for 8-10 hours a day, or sit in an air conditioned cubicle farm clicking a mouse, most people would prefer the air conditioned cubicle farm.  And so as economies grow they prefer to pursue these "easier" industries as they are not only likely more profitable, but just plain "easier."  Alas, this is why we have "Tina the 25 year old social worker" and "Chip the investment banker" while China has "Jing the suicidal iPhone assembler" and "Chang the coal miner dying from black lung."  Modern Americans would just prefer not to get their hands dirty, and there's really no dirty hard work in banking.

This results in a sort of "tail waging the dog" as a flood of labor into banking and finance bloats the industry's size relative to the rest of the economy, while providing less and less value to the real economy.  Alas, this is why most finance positions are sales and not providing services that help the rest of the economy grow.

Third, as the world economy becomes more integrated and globalized, different countries specialize in different things.  And so instead of merely serving and selling products within your borders, you sell your goods and services around the globe.  This results in some countries becoming the manufacturing plants of the world, while other countries (notably the UK, the US and Switzerland) become the "financial centers" of the world.  In other words the US finance industry is no longer serving the US, but the entire globe, and thus its share of the domestic economy grows.

But then there is the fourth reason.  And the fourth reason is reason enough to worry.  And the reason you should worry is because here the finance industry provides absolutely NOTHING in terms of real production or value for the rest of the economy. 

The retirement bubble.

You all know my opinion that the stock market is highly overvalued due to the trillions in retirement dollars that have flooded it.  However, do not expect people to start becoming savvy investors who start asking questions about PE ratios and contemplate how dividends ultimately drive value.  Too many commission addicted salesmen and mutual fund managers need Americans to keep buying stocks, bonds, and mutual funds.  And the "401k Clergy" in the finance industry need you guys to keep mindlessly investing in your IRA's for "retirement."  This means that instead of:

financing a new plant
raising money for a new mining company
or providing the capital to expand Stark Enterprises' robotics division

the vast majority of the finance and banking industry is focused solely on selling you assets. 

And merely selling stuff does not help contribute to GDP.

It is here I get a little chuckle because 9 out of 10 times when I run into your standard leftist they immediately point to the booming stock market as evidence that "the economy can't be doing that bad."  But of course when I cite the actual measure that measures the economy (GDP) they ignore that, preferring instead to think asset prices "are the economy."  But the divergence from economic growth and asset prices is not a good thing, because all profits (and thus all the value of all assets) ultimately has to come from economic growth.  And right now we have fantastically high prices, with slow, sluggish, lethargic economic growth.

In the end, however, the two will have to converge.  We can certainly postpone the inevitable with having a world reserve currency.  We can play currency wars and borrow till our heart's content, creating entire industries out of borrowed money to keep our precious liberal-arts majoring princesses and princes employed.  But in the end, there needs to be economic growth to warrant forever increasing asset prices.

In the meantime, keeping tabs on how big a non-producing industry like finance grows as a percent of our overall economy is a pretty good way to tell if the country and its people have any intention of growing up, putting work gloves on, and starting to produce things of genuine economic value,

or,

if we want to continue living in Lala Land where we can all be bankers, we can all be life insurance salesmen, we can all be teachers, and we can all retire on full pensions with forever increasing asset prices at 55.

Enjoy the decline.

Monday, May 18, 2015

Latest Podcast! Max Mad Feminist Road Recap Edition!

38 degrees in Minnesota
The Clarey Family Reunion
The Economics of Wood Cutting
Cappy is objectified by women...and he loves it
People need better sex lives
The Mad Max Feminist Road Drama
The media is no longer the 4th branch of government

AND MORE!

in THIS EPISODE of The Clarey Podcast!

40 Degree Monday Morning Linkage

Because of my obtuse travel schedule, I am up Monday morning before 9AM.  Unfortunately, it is a balmy 40 degrees here in Minnesota, and I'm going to have to fire up the fireplace in the middle of May.  In the meantime here's some linkage:

DT and the Man make a point I hadn't thought of - of all the work, research, thought, philosophy and strategem, the world is so petty it focuses on the fact a guy doesn't want to see a feminist movie.

The Damnit Janet Podcast Archives (which I would have linked to earlier had Janet informed me she was putting together a podcast, but NOOOOOOOO, nobody keeps the ole Captain informed!)

DIE YOU ACADEMIA SCUM!!!!  DIE!!!!!!!!

Remember Democrats, keep telling yourself "deficits don't matter."

When lefties start businesses.

Mr. Muir gives me a hat tip.

New podcast on the Podcast Roll.

Like father like daughter. Don't ever tell me that race whore represents black people.

Saturday, May 16, 2015

But Is Mad Max Fury Road Feminist?

Naturally you all know about the international hubbub I caused by daring to say,

"I don't want to watch a movie that has a feminist lecture in it."

However, no matter how much cursing and swearing and calling me an international professional misogynist occurs, it doesn't moot the question - Is Mad Max Fury Road what I feared it would be?   A feminist film?

I have a couple buddies who are going to see the movie, but I know some of you have as well.  So for those of us on the fence (or just curious as to whether I was right and called this one like I did the housing bubble) please report back in the comments section below.

Wednesday, May 13, 2015

Why Entrepreneurship May Be the Only Feasible Retirement Plan

I had faced a problem.
For the first time in a while, the ole Captain had enough money saved up that he could start thinking about throwing some money in the ole IRA.

You might at first think this is not a problem.  But it is, young aspiring economist.  It is.  For the problem facing anybody under 65 who still has a bit of life expectancy left is:

Precisely what do you invest your money in?

All of you know my general concern that money coming from:

1.  Retirement dollars of baby boomers and Gen X
2.  Quantitative easing money being injected into the financial markets and
3.  Low interest rates prompting a trillion dollars worth of buy backs

is jacking up stock and other asset prices that there's effectively no good deals out there.

The PE ratio shows the stock market overvalued by almost half:






















This results in a dividend yield of LESS THAN 2%


















Housing only pays a whopping 4% today (and that's if you don't consider repairs and expenses)














And even an investment like education increasingly fails to generate the returns necessary to validate it.

























Alas, today's investor is faced with the following effective REAL rates of return:

Stocks 0%
Savings -1%
Real Estate 2-3%
Education - HA HA HA HA HA!!!!!

Now naturally, many of you are saying,

"Wait!  0%???  The stock market has been booming!!!  How do you get 0%?"

Well, inquiring young mind, I'll tell you.

You see, there is no such thing as capital gains.  The real rate of return stocks (or any other investment for that matter) provides is the income or profit is generates.

Housing generates rents
Bond generate interest
And stocks generate dividends

However, ever since we thought it'd be a grand idea to designate stocks, bonds and other marketable securities as the default investments for our IRA's and 401k's back in 1978, stocks have gone up NOT based on their profitability, but by simply how many trillions of dollars-worth of mindless sheeple's money they throw into their 401k's accounts every paycheck.

Microsoft hasn't paid a dividend since it's existence?
Screw it, buy more.  The price might go up!

The S&P pays less than a Kaazaa account?
Screw it, buy more!  The price might go up!

Tinder or Twitter don't generate income at all!!!???
Screw it, buy more!  The price might go up!  IT'S AN IPO!!!

And so why we see the above ABYSMAL and PETTY REAL rates of return for the various asset classes.

So where precisely is somebody who demands an adequate rate of return to invest their money?

Sadly, it looks like entrepreneurship may be the only place to go.

It wasn't until I was having a conversation with my dad while running did I notice that even with all the tax benefits and government incentives to invest in IRA's and 401k's, the best use of my money is sadly to reinvest it in my various ventures.

If I drop $500 advertising my books on the Tom Leykis Show, I on average double my money. 
If I drop $100 advertising Asshole Consulting on Viva la Manosphere, I get about a 60% rate of return.
And if I drop $200 running ads on Marginal Revolution for my books, I get about a 70% rate of return.

Naturally of course, I don't enjoy any of the tax benefits on these investments that come with the government ordained IRA's and 401k's.

But so what?  Even adjusting for taxes, investing in your own private ventures generates MUCH higher rates of return than the government approved investments for your retirement account.

Tom Leykis post tax rate of return = 75%
Stocks (still) = 0%

Viva La Manosphere post tax rate of return = 45%
Bonds = 1.2%

Marginal Revolution post tax rate of return = 50%
Real estate = (post property taxes, repairs, insurance, etc.) -5%

Now naturally key to all of this is to get a product or a business in place where expending such money on advertising, equipment, etc., would generate such returns.  And I will be the first to admit that that is not easy.  For every successful business I have, I have at least 2-3 that have failed, and that says nothing of the labor put into researching, trying and deploying these ideas.  But all those drawbacks aside, returns are so non-existent in today's financial markets, you may not have a choice.  It is a mathematical impossibility to rely on today's conventional retirement planning tenet of "compounding rates of return" when those rates are effectively at or near 0%.  Ergo, it practically behooves you to have your hand at entrepreneurship and see if you can't make up your retirement from scratch.

Of course, most people will point out and say, "Not everybody can be entrepreneurs!  If we all became entrepreneurs there'd be no workers or economy!"

Thankfully, nowhere near "everybody" reads Captain Capitalism.

Now if you'll excuse me, I'm going to go and work on my next business idea.

My Response to the "Fury" Over "Mad Max: Feminist Road"

If you didn't know, a piece I wrote at ROK went viral and now I am of course being accused being a misogynist, woman hater simply because I refused to see Mad Max: Fury Road in fear of receiving yet another unwanted feminist or social justice lecture from Hollywood.  Instead of answering all the requests for interviews (which no doubt would be butchered), I'm simply putting this video up as my official response to the media  



However, despite the hubbub and drama, I am rapidly being proven right.  The movie is increasingly looking like a feminist film, and so to (if you'll forgive the term) "raise awareness" to this fact I started a hashtag on twitter that I hope catches on. #madmaxfeministroad  Hopefully, (unless the movie proves otherwise) we can save a lot of people a lot of money and a lot of time, and again, I am more than happy to watch the movie if it proves NOT to have a lecture on feminism or SJWing, etc. in it.

(I might also add that this is how you handle the liberal media, in case any spineless conservative politicians needed a couple pointers.)

Some Damn Fine Economics Work

Steve Sailer does some damn fine work indeed.

Tuesday, May 12, 2015

Hiring Writers

Howdy All,

Alex over at Academic Composition is hiring writers.  It's a great way to work on a beach in Thailand or traveling Europe while making decent coin.  Here are the details:

1. Considerable experience writing college papers. While a college degree
is not necessary, I'll need some evidence that they are capable of doing
quality academic work.
2. Ability to write over 50 pages per week on any subject other than STEM.
3. Willingness to thoroughly with all of the professor's requirements.

What's in it for the writer?

1. Minimal compensation: $10 per page, but my full-time writers generally
earn between $600 and $700 per week.
2. Flexible work hours, no rigid schedule. All it matters is that you
complete all of the work you take on. Yes, I would prefer to have a writer
who outputs 50 pages per week, but quality writers are hard to find. Hence,
I am willing to work with anyone who does good work on time.
3. Prospects for a higher pay-out. Full-time writers have been the pivotal
factor behind the recent growth of Academic Composition. Hence, it is very
likely that my per page rate compensatory rate will soon increase.
4. Managerial responsibilities. Full-time writers can procure additional
compensation by managing part-timers.

Aleksey Bashtavenko
Academic Composition
Owner & Principal Writer
(540) 300-1253
academiccomposition@gmail.com
www.academiccomposition.com
www.linkedin.com/pub/aleksey-bashtavenko/25/7b8/323/

Episode #94 of The Clarey Podcast is Out!

Beard hairs caught in chest hairs
Independent contractor is superior to being an employee
Silver Dollar Bikini and why it means conservatives have better sex lives
Kanye West and American college students deserve each other
St. Louis Park wants to ban plastic bags

and MORE in THIS EPISODE of The Clarey Podcast!