When a Citizens' Dividend Sets Off Citizenship Disputes

I’ve
complained here before
about the ways the argument over a
universal basic income often ignores basic-income-style policies
that actually exist in the world. The
last time
I said this, I was pointing to the dividend checks
that the state of Alaska distributes to its citizens. Here’s
another example: Of the nearly 240 tribes that run gambling
operations, the AP reports
that “half distribute a regular per-capita payout to their
members.”

Supporters of basic income grants will be happy to hear that
such payouts have
been a real help
for low-income Indians. They might be a bit
shaken by another apparent effect of the policy. From that AP
story:

Not seeking members.Mia
Prickett’s ancestor was a leader of the Cascade Indians along the
Columbia River and was one of the chiefs who signed an 1855 treaty
that helped establish the Confederated Tribes of the Grand Ronde in
Oregon.

But the Grand Ronde now wants to disenroll Prickett and 79
relatives, and possibly hundreds of other tribal members, because
they no longer satisfy new enrollment requirements.

Prickett’s family is fighting the effort, part of what some experts
have dubbed the “disenrollment epidemic” — a rising number of
dramatic clashes over tribal belonging that are sweeping through
more than a dozen states, from California to Michigan….

[I]n Michigan, where Saginaw Chippewa membership grew once the
tribe started giving out yearly per-capita casino payments that
peaked at $100,000, a recent decline in gambling profits led to
disenrollment battles targeting hundreds.

The Grand Ronde, which runs Oregon’s most profitable Indian
gambling operation, also saw a membership boost after the casino
was built in 1995, from about 3,400 members to more than 5,000
today. The tribe has since tightened membership requirements twice,
and annual per-capita payments decreased from about $5,000 to just
over $3,000.

The article notes that the “tribes deny money is a factor in
disenrollment and say they’re simply trying to strengthen the
integrity of their membership.” And there’s certainly some
truth to that: Not all of these battles have taken place within
tribes that issue payouts to their members. But it’s easy to see
that reducing a tribe’s membership rolls means more money for the
people left over, and it’s hard not to notice that this wave of
battles began just as casino wealth started taking off in the
1990s.

The fact that a citizens’
dividend
can encourage conflicts over citizenship seems
significant. So is the question of why such disputes would emerge
in some places but not in others. And moving past that one
issue, I’m sure the casino profit-sharing experience is full of
relevant lessons that hardly anyone’s aware of because hardly
anyone’s bothered to look at it with this topic in mind. People
need to stop thinking of the basic income as just a what-if
exercise or a policy debate from the past. It’s a living experiment
producing data as we speak.

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When a Citizens’ Dividend Sets Off Citizenship Disputes

I’ve
complained here before
about the ways the argument over a
universal basic income often ignores basic-income-style policies
that actually exist in the world. The
last time
I said this, I was pointing to the dividend checks
that the state of Alaska distributes to its citizens. Here’s
another example: Of the nearly 240 tribes that run gambling
operations, the AP reports
that “half distribute a regular per-capita payout to their
members.”

Supporters of basic income grants will be happy to hear that
such payouts have
been a real help
for low-income Indians. They might be a bit
shaken by another apparent effect of the policy. From that AP
story:

Not seeking members.Mia
Prickett’s ancestor was a leader of the Cascade Indians along the
Columbia River and was one of the chiefs who signed an 1855 treaty
that helped establish the Confederated Tribes of the Grand Ronde in
Oregon.

But the Grand Ronde now wants to disenroll Prickett and 79
relatives, and possibly hundreds of other tribal members, because
they no longer satisfy new enrollment requirements.

Prickett’s family is fighting the effort, part of what some experts
have dubbed the “disenrollment epidemic” — a rising number of
dramatic clashes over tribal belonging that are sweeping through
more than a dozen states, from California to Michigan….

[I]n Michigan, where Saginaw Chippewa membership grew once the
tribe started giving out yearly per-capita casino payments that
peaked at $100,000, a recent decline in gambling profits led to
disenrollment battles targeting hundreds.

The Grand Ronde, which runs Oregon’s most profitable Indian
gambling operation, also saw a membership boost after the casino
was built in 1995, from about 3,400 members to more than 5,000
today. The tribe has since tightened membership requirements twice,
and annual per-capita payments decreased from about $5,000 to just
over $3,000.

The article notes that the “tribes deny money is a factor in
disenrollment and say they’re simply trying to strengthen the
integrity of their membership.” And there’s certainly some
truth to that: Not all of these battles have taken place within
tribes that issue payouts to their members. But it’s easy to see
that reducing a tribe’s membership rolls means more money for the
people left over, and it’s hard not to notice that this wave of
battles began just as casino wealth started taking off in the
1990s.

The fact that a citizens’
dividend
can encourage conflicts over citizenship seems
significant. So is the question of why such disputes would emerge
in some places but not in others. And moving past that one
issue, I’m sure the casino profit-sharing experience is full of
relevant lessons that hardly anyone’s aware of because hardly
anyone’s bothered to look at it with this topic in mind. People
need to stop thinking of the basic income as just a what-if
exercise or a policy debate from the past. It’s a living experiment
producing data as we speak.

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Nick Gillespie on Bob Dylan's Chrysler Super Bowl Ad

Bob DylanDuring the Super Bowl, Bob Dylan’s
“buy American” ad for Chrysler provoked outrage from fans and
critics alike. Nick Gillespie explains that the man behind “Like a
Rolling Stone” is just doing what comes naturally:

Dylan is an artist that purposefully makes his fans
uncomfortable, not out of anger or contempt for his audience, but
out of an undiminished sense of adventure, exploration, and
creativity. In this, Dylan is the polar opposite of the recently
deceased and Pete Seeger, who famously wanted to cut Dylan’s
electricity at the 1965 Newport Folk Festival and never, ever
discomfited his fans (or the Comintern, for that matter) for a
second. Where so many writers, filmmakers, artists simply repeat
themselves or flatter their audience’s sense of itself, Dylan is,
after all these years, “still on the road/Heading for another
joint.”

View this article.

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Nick Gillespie on Bob Dylan’s Chrysler Super Bowl Ad

Bob DylanDuring the Super Bowl, Bob Dylan’s
“buy American” ad for Chrysler provoked outrage from fans and
critics alike. Nick Gillespie explains that the man behind “Like a
Rolling Stone” is just doing what comes naturally:

Dylan is an artist that purposefully makes his fans
uncomfortable, not out of anger or contempt for his audience, but
out of an undiminished sense of adventure, exploration, and
creativity. In this, Dylan is the polar opposite of the recently
deceased and Pete Seeger, who famously wanted to cut Dylan’s
electricity at the 1965 Newport Folk Festival and never, ever
discomfited his fans (or the Comintern, for that matter) for a
second. Where so many writers, filmmakers, artists simply repeat
themselves or flatter their audience’s sense of itself, Dylan is,
after all these years, “still on the road/Heading for another
joint.”

View this article.

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Brooklyn Man Interrupts SuperBowl Post Game Press Conference with “Investigate 9/11″ Comment

I have always maintained I have no idea what exactly happened on 9/11, but that the official story is the biggest bunch of bullshit I have ever heard. As time passes more and more people are coming to the same conclusion, and more and more disturbing facts are coming forward. Personally, it appears all roads lead to the Saudis and I would also assume certain factions within the “power elite” were also involved behind the scenes.

This video clip is simply incredible.

 

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Brooklyn Man Interrupts SuperBowl Post Game Press Conference with “Investigate 9/11″ Comment originally appeared on A Lightning War for Liberty on February 3, 2014.

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Past Time for Genetically Enhanced Wheat

GMO WheatAmericans and much of the rest of the world have
been safely and healthfully eating foods made from ingredients
derived from modern biotech corn and soybean varieties for more
than a decade. An
insightful op-ed
in today’s New York Times argues that
it is way past time for researchers to develop and farmers to plant
enhanced biotech wheat varieties. Like corn and soy, genetically
enhanced wheat would resist insects and herbicides. As Oklahoma
State University agricultural economist Jayson Lusk and physician
Henry Miller of Stanford University’s Hoover Institution point
out:

Today, it’s easy to see why corn and soybean farmers made the
switch. Crop yields have increased and farmers have been able to
reduce their use of chemical insecticides and shift to less toxic
herbicides to control weeds. They’ve also made more money. Over the
same period, the amount of land planted in wheat has dropped by
about 20 percent, and although yields have increased, productivity
growth has been lower than for the crops genetically engineered
with molecular techniques….

The scientific consensus is that existing genetically engineered
crops are as safe as the non-genetically engineered hybrid plants
that are a mainstay of our diet. The government should be
encouraging and promoting these technologies.

Besides endowing wheat with now-standard enhancements,
researchers can also add drought resistance characteristics. For
example, Egyptian researchers reported ten years ago that they had

dramatically increased drought resistance
in wheat by adding a
specific gene from barley to wheat:

The researchers, at Cairo’s Agricultural Genetic Engineering
Research Institute (AGERI), say their technique reduces the number
of irrigations needed from eight to one, and that the wheat could
be cultivated with rainfall alone in some desert areas.

The Times op-ed concludes:

Given the importance of wheat and the confluence of tightening
water supplies, drought, a growing world population and competition
from other crops, we need to regain the lost momentum. To do that,
we need to acquire more technological ingenuity and to end
unscientific, excessive and discriminatory government
regulation.

Yes indeed.

For more background, see my article, “The
Top 5 Lies About Biotech Crops
.”

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30Y Treasury Yield Tumbles To 7-Month Lows As Nasdaq Loses 4,000

US equities are pressing fresh lows of the day as USDJPY tests 101. The Nasdaq just broke 4,000 – its worst drop in 8 months; The Dow trading back under its 200DMA; and now every major index is in negative territory from the December Taper. Most notably though, Treasury yields are tumbling as weak data and safe-haven flows have pressed 30-year yields to their lowest sicen July 5th 2013. VIX is trading 20.7% – its highest in 4 months.

 

All major indices now red from the December Taper…

 

As Nasdaq loses 4000 and drops by the most since June..

 

as Bond yields collapse to 7 month lows…

 

Charts: Bloomberg

Bonus Chart – WTF in financials…


    



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Possible meth-making trash removed from Hip Pocket roadway Sun.

A not-so-simple 2 liter bottle found by a woman on Hip Pocket Road late Sunday morning led to a hazardous material team collecting the bottle and other ingredients found in the street that may have been used to produce methamphetamine drugs, Peachtree City police said.

The woman found the trash on the northern section of the road inside a bag at about 11:20 a.m., police said. After picking it up, she noticed a suspicious substance inside the bottle and called 911, police said.

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Consumers are Switching to Cash in the Wake of Recent Credit Card Data Breaches

“We aren’t releasing that data,” said a Visa spokeswoman in response to a query about whether the company had noticed a recent dip in card use. A MasterCard spokesman declined to comment.

– From yesterday’s New York Times article: Newly Wary, Shoppers Trust Cash 

A very interesting article was published yesterday by the New York Times. It highlighted the fact that according to an Associated Press poll, 37% of Americans “had made an effort to use cash instead of credit or debit cards to pay for purchases as a result of the recent data thefts.” While I certainly agree with the assessment that people will likely only switch to cash temporarily and move back to plastic as soon as their low attention span minds allow, doubt regarding credit cards has been firmly planted in people’s minds. The more breaches we see in the future, the more people will look for alternatives.

Fortunately, we already have Bitcoin, and the more people learn about it, the more people will continue to adopt it. While the criticisms remain with people saying “but where can you spend them,” this is becoming an increasingly false critique. You can now buy airfare with Bitcoin, all the items on Overstock.com as well as also precious metals. In fact, the precious metals part has me particularly excited, and Amagi Metals is a local company that has led the way in BTC payments for PMs. They are also running a series of specials on silver all of February which you should definitely check out.

Now from the New York Times:

Like dieters vowing to trade cupcakes for carrots, a number of American shoppers are making a new pledge: cash only.

The drumbeat of disclosures about credit and debit card breaches at major retailers (and hints of more to come) has unnerved consumers to the point where chatter online and at the water cooler is filled with people promising to curb their plastic habits.

“This is CRAZY. First my Target card, now this,” wrote Lorraine McCullough on the Michaels Stores Facebook page last week after the arts and crafts chain said that it was investigating whether customer data had been exposed. “I am going to pay cash from now on.”

A poll released last week by The Associated Press and GfK Public Affairs & Corporate Communications found that 37 percent of Americans had made an effort to use cash instead of credit or debit cards to pay for purchases as a result of the recent data thefts — almost as many as those who checked personal credit reports because of the thefts. (Just 29 percent said they had changed passwords or requested new cards.)

Screen Shot 2014-02-03 at 10.30.05 AM

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Dude, "It's Going To Be A Bloodbath": Newly Private Dell To Fire 15,000

Curious why Michael Dell was so eager to take the company he founded private? So he could do stuff like this without attracting too much attention. According to the Channel Register, the recently LBOed company is “starting the expected huge layoff program this week, claiming numbers will be north of 15,000.” Of course, with a private sponsor in charge of the recently public company, the only thing that matters now is maximizing cash flows in an environment of falling PC sales, a commoditisation of the server market and a perceived need to better serve enterprises with their ever-increasing mobile and cloud-focused IT requirements – things that do not bode well for Dell’s EBITDA – and the result is perhaps the largest axing round in the company’s history. But at least the shareholders cashed out while they could.

More on the upcoming layoffs:

We heard from people close to the Round Rock Dell HQ area that Dell management has every conference room booked, and every HR person and security staff member is at work. There are cuts in all departments, according to one of our sources, who says some of these have already been downsized and are now being told to cut 15 per cent more heads.

We hear the worldwide layoff number is now greater than 15,000 people.

Our insider commented: “It’s going to be a bloodbath.”

So what can those on the receiving end of said bloodbath expect? Not much. “The severance package is two months’ pay plus an extra week of pay for each year of service, a bonus at 75 per cent, obligated COBRA health insurance for 18 months in the United States, and outplacement services (in the US at least).”

The internal justification for th move:

… Dell has started its Stateside layoffs this week. Internal company
emails seen by The Reg mention “simplifying client support structure –
both basic and up sell,” “client support structure combined – Consumer
and Commercial come under one umbrella,” and “Up sell offers will align
with Pro Support and will “evolve”. The “evolve” word could mean that
further changes are coming.

Also known as trying to remain cash flow positive in a world that has long since moved on and left Dell in the dust. We wish the company’s billionaire founder well as he progresses with the bloodbathing, just as we wish the BLS the best of luck in the coming weeks as they use every seasonal adjustment gimmick known under the sun to make the 15,000 mass termination disappear.


    



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