Domain: reuters.com
Stories and comments across the archive that link to reuters.com.
Comments · 3,723
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Re:Innovation
Redhat made over 200 million dollars last quarter alone.
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Re:Someone help me out here.
Some oil in traded in Euros.
Iraq started trading in Euros shortly before they got invaded by the US - the US imposed government switched back to USD.
Iran has been trading in Euros.
Venuzela has traded oil in Euros. -
Re:P.E. is a joke.
Your post is at best intellectual fraud and at worst will actually harm people.
It's not fraud because I don't stand to make any money. I should have stated that I am not a doctor or medical professional, and will do so in any further post about the matter.
1) Your assertion that this is a problem for bio engineers and scientists implies that until then we do nothing. We simply sit on our hands and cheer on the people in this situation who have control. The scientists. In one fell swoop you turn an entire demographic into powerless victims
Better than turning them into an evil, piggish group to be hated. Some are definitely powerless victims. Some may be able to escape. It won't be easy, and technology will solve the problem long before to social change people get off their asses.
3)At one point you compare fidgeting to actual organized sport.
That's the point of number 1. Think about a football game for a minute. Most of the time the players are standing still (while the clock is stopped, etc.) or on the bench. Now watch children run around. Which one do you think is more active?
4) Because you don't really exercise but aren't really obese doesn't mean you are healthy, not at all... so you have managed to achieve skinny and unfit. How novel for you. The benefits of exercise have been proven thousands of times in thousands of studies. As have the benefits of eating well, there is a more balanced brain chemistry, nicer skin tone, better memory, ad infinitum
It depends on how you define healthy. I define healthy as feeling good. If skinny and unfit = feeling good, then it is healthy. Eating well (whatever that means) could mean that you have more of those "ad infinitium" items. I don't care about my skin tone, or my brain chemistry (whatever that means), and my memory is fine. So I don't need to change.
5)To insinuate that parents forcing their children to eat a plate of food has caused the absolutely staggering rise in childhood obesity is akin to claiming that that leaving your freezer open will cure global warming.
Here's the article. I was wrong about it. But I think it should be studied.
6) Diet and exercise is not akin to bleeding with leeches, it is the start of a healthy lifestyle and just might save someones child's life. To counsel against it is the very heart of arrogance and indifference. It may not "save" a child's life but it sure might give them a life worth living.
First, it may or may not be akin. My unhealthy lifestyle is fine for me, and most healthy lifestyles to me are not a life worth living.
7)At another point in this bomb you compare obesity and stomach ulcers, bravely showing a lack of understanding between both cause and effect and physiology.
I never, ever, attempted to compared stomach ulcers and obesity. What I attempted to compare was people's thinking about stomach ulcers and obesity.
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Re:ah faux news
I wish I could find the exact quote, but there was a visiting Russian author in the 1980's, who, when asked why he was laughing, said, essentially, that Russians were better informed than Americans, because Russians knew the news was lying to them, so they got their news from multiple sources to make sure they had the full story.
I tend to read news aggregator sites, rather than specific newspapers and reporting agencies. I also tend to go straight to the source, rather than reading the reprinted (and analyzed) version. You may find you have better luck visiting Reuters directly, rather than reading the version of a Reuters story that gets printed in NYT... most of my *news* reading comes from Reuters ( http://www.reuters.com/ ) and Agence France Presse ( http://www.afp.com/ ) directly, rather than other sites.
Also, you could try the CBC. They're pretty good at remaining neutral in their reporting.
:) http://www.cbc.ca/news/ -
Re:Why did Assange want to move to Sweden?
Hicks was charged with conspiracy, attempted murder and aiding the enemy, and had a trial date set of November 18, 2005. The trial was stopped due to court battles about the procedures being used. The Military Commissions Act of 2006 governed the legal procedures used, not a new offense to retroactively charge him with. After all the questions about legal procedures had been worked out, Hicks plead guilty to providing material support to terrorism in exchange for a greatly reduced sentence and for aiding the prosecution. They could have easily kept the original charges and sentenced him to a very long sentence.
I think this is worth noting:
The Australian government has refused to lobby for Hicks' release, saying it has faith in the U.S. military commission process.
During a visit to the United States in July, Australian Prime Minister John Howard said his government was "satisfied that the military commission process
... will provide a proper measure of justice.""The allegations against (Hicks) are particularly serious, and we look forward to them being dealt with before the tribunal," Howard said. U.S. sets trial of Australian
By the way, you can hold enemy combatants in wartime without charges. Al Qaeda makes war on the United States, and the United States now makes it right back under authority of the Authorization for Use of Military Force passed by Congress.
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Re:Molycorp's production is going straight to Japa
Despite the story's GO AMERICA slant, a lot of material is going straight to Japan, where most of it is consumed in the first place. Like to Hitachi: http://www.reuters.com/article/idUSTRE6BK5PL20101221
Oh look. They also signed deals with Sumitomo and Mitsubishi: http://www.yomiuri.co.jp/dy/business/T101219002181.htm
They got huge piles of cash from Sumitomo, Mitsubishi, and Hitachi...which is why it's hilarious to hear the CEO of Molycorp waving American flags in various quotes. Oh, and Molycorp's stock has shot up since their IPO in July: http://www.businessweek.com/news/2010-07-28/molycorp-s-ipo-aims-at-chinese-grip-on-smart-bombs.html
Also, how interesting that the EPA announces cleanup plan of Molycorp site just a few days ago: http://abcnews.go.com/Business/wireStory?id=12460111
The EPA said contaminated material from the Molycorp site includes about 328 million tons of acid-generating waste rock, more than 100 million tons of tailings and acid-rock drainage at the mine and seepage at the tailings facility.
Anyone want to place bets on whether or not the US government will press environmental regulations on Molycorp this time, now that national security interests are involved?
This smacks of isolationism and ignorance as to how economics work. My guns and butter are more valuable being sold to Japan than in America, then sell to Japan. I get more money out of it, Uncle Sam gets more taxes out of it, my American employees get paid for creating the product, and I don't have to worry about Japan suddenly stockpiling MY products in order to stifle trade. It's literally the biggest amount of Win/Win that can occur. China made mining in America not as profitable as importing it. Now that that is over, the mine is reopening. It's as simple as that. That radioactive waste water snippet did raise my eyebrow though.
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Molycorp's production is going straight to Japan
Despite the story's GO AMERICA slant, a lot of material is going straight to Japan, where most of it is consumed in the first place. Like to Hitachi: http://www.reuters.com/article/idUSTRE6BK5PL20101221
Oh look. They also signed deals with Sumitomo and Mitsubishi: http://www.yomiuri.co.jp/dy/business/T101219002181.htm
They got huge piles of cash from Sumitomo, Mitsubishi, and Hitachi...which is why it's hilarious to hear the CEO of Molycorp waving American flags in various quotes. Oh, and Molycorp's stock has shot up since their IPO in July: http://www.businessweek.com/news/2010-07-28/molycorp-s-ipo-aims-at-chinese-grip-on-smart-bombs.html
Also, how interesting that the EPA announces cleanup plan of Molycorp site just a few days ago: http://abcnews.go.com/Business/wireStory?id=12460111
The EPA said contaminated material from the Molycorp site includes about 328 million tons of acid-generating waste rock, more than 100 million tons of tailings and acid-rock drainage at the mine and seepage at the tailings facility.
Anyone want to place bets on whether or not the US government will press environmental regulations on Molycorp this time, now that national security interests are involved?
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Why is the corn lobby so powerful...
...in contrast to other farm crops or any other agriculture? Is it just because the first primaries are in Iowa/Idaho?
The corn lobby is very powerful, as the rather expensive ethanol subsidy was extended for another year in the tax cut deal, adding another $7 billion to the deficit. Kudos to Senator Dianne Feinstein who at least tried to cut the ethanol tax credit slightly to save about $2 billion, but she was rebuffed. Hopefully she won't be overly punished for defying the corn lobby.
http://www.nypost.com/p/news/opinion/opedcolumnists/the_tax_deal_corn_lobby_kickback_FhJ8HlZFoMmg1ZQg1aZr0L
http://www.reuters.com/article/idUSTRE6BE4XY20101215 -
Re:Oh please you old windbag
"Allowing corporations to control the internet is simply unacceptable" - yeah, about that.... the govt track record is so much better. The US Govt would love nothing more than absolute control
Yes. Network neutrality is a government take-over of the internet in the same way the first amendment is a government takeover of religion.
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Oh please you old windbag
"Allowing corporations to control the internet is simply unacceptable" - yeah, about that.... the govt track record is so much better. The US Govt would love nothing more than absolute control
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Re:Chances are
Chances are they will enforce it strictly on everyone except Muslims who insist or wearing a kamize and hajib who will be told "of course wear what you want, our culture is subservient to yours"
This is not a troll. It is a commentary on the double standards which exist in the UK and other parts of Europe. They have a double standard for driver's license photos and for airport security for muslim women.
Correct. Some people are so used to giving way to Islam that they see any suggestion that we should hold Muslims to the same standards as anyone else as "islamaphobic". We ban Santa because more than one Muslim might be offended, but if two non-muslims said they were offended by an "Eid Murnbarak" poster how far do you think that would get. When Muslims set off bombs in our cities the call is not to stop Muslims setting off bombs but not to allow the incident to undermine multiculturalism! Muslims frequently burn bibles but go on the rampage when someone says they will burn the Qur'an - but doesn't!
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Very detailed and consistent Reuters report
Reuters says : The two Swedish women who accuse WikiLeaks founder Julian Assange of sexual misconduct were at first not seeking to bring charges against him. They just wanted to track him down and persuade him to be tested for sexually transmitted diseases, according to several people in contact with his entourage at the time.
The women went to the police together after they failed to persuade Assange to go to a doctor after separate sexual encounters with him in August, according to these people, who include former close associates of Assange who have since fallen out with him.
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Re:Great Work!
The AC is a straw man. Real "info wants to be free" people only want the info of companies, organizations, governments, etc. to be free. Julian Assange himself watches his own privacy very carefully.
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Re:Obama achieved something
Outside of the very visible Day Laborers lined up outside the Home Depots waiting for an installation job from a home owner or a Day job from a contractor, it's very very hard to exist or work without a valid SSN and having taxes withheld from your wages; it just not likely that the valid SSN is going to be yours as it is unlikely that you'll be able to reap the benefits, fro the withholdings or to receive a refund of any excess withholdings! Approximately 18 million people in the US are using a valid SSN that is used by multiple people, people that will never receive a dime of benefits for the labors. So it's not about financial drain on the federal part, they're probably making a profit off the illegal immigrants.
Open the boarders up, yeah right, there is a war going on down there in Mexico, there are website like El Blog del Narco that report on the fighting like American websites report traffic accidents.
Time to pull your head out of the sand there cupcake; Narco-Terrorism in Mexico is far more deadly than what's going on in Afghanistan. A little waterboarding offends your sensibilities, hese will show you how the real pros do it. Right now. Ciudad Juarez, the most violent city in Mexico, is just across the Rio Grande from El Passo TX, as many as 5,000 Women have been murdered in the last 10 years. Mexican Prisons have become Safehouses for criminals who come and go as they please and to top it all off, Mexican Drones are crashing in the United States. Opening our boarders isn't an option and securing them isn't xenophobic, it's due diligence. You know things are getting bad when war correspondents who have cover wars in Iraq, Afghanistan and all over the Orient are returning to the US after years overseas because the US SW is where the action is going to be real soon. -
Re:Populist Revolt
I think that spending $4.7B on spectrum, and another $5B (my ballpark guess) building out a 4G network qualifies as risk.
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Re:Doomed
He may not directly lie, but he does present a biased opinion which, of course, is his right just like anyone with a video camera and some air time.
One example: In Sicko, Moore visits a hospital in Cuba, to basically show how wonderful "health care" is there. Now, whether he was misled by what Cuban officials told him, or whether he did it knowing full well that most Cubans cannot access that hospital, he is at fault. It's deceptive. He should have visited a normal hospital that the average Cuban would visit, to get the level of care most Cubans would get. Call it nitpicking, but I consider that questionable journalism, and makes me wonder how else he slants his facts to suit his argument. What he presented there wasn't the average experience.
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Re:Simple Solution to this Budget Problem
According to a Nobel-winning economist, as of early 2008 the (then) almost five year war had a direct cost of $845 billion (true costs estimated at $3 trillion).
$845 billion / 5 years = $169 billion a year
With 365 days in a year, that puts the daily average cost at $463 million dollars. That's the NSF's annual budget every 16 days. Now, if only we had waited two weeks to invade...
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Re:Obvious research
It seems they started:
Dutch arrest man for attack on prosecutor's website -
Re:Owner?
No it isn't. The closest thing I could find to an explanation was this Reuters article, and even that isn't much to go on. Both mention that the guy is "anxious to tell his side of the story", though. It'll be pretty interesting to see what he comes out with.
Also of interest is the fact that, according to Yahoo, "The home has been declared a public nuisance and therefore the county does not have to reimburse the owners, who were renting the house to Jakubec."
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Re:Innocent until proven guilty?
They are not pointing out specific wrong doings
They are, in fact, pointing out wrong doings.
(1) the U.S. military formally adopted a policy of turning a blind eye to systematic, pervasive torture and other abuses by Iraqi forces;
(2)theState Department threatened Germany not to criminally investigate the CIA's kidnapping of one of its citizens who turned out to be completely innocent;
(3) the StateDepartment under Bush andObama applied continuous pressure on the Spanish Government to suppress investigations of the CIA's torture of its citizens and the 2003 killing of a Spanish photojournalist when the U.S. military fired on the Palestine Hotel in Baghdad (see ThePhiladelphia Inquirer's WillBunch today about this:"The day BarackObama Lied to me");
(4) the British Government privately promised to shield Bush officials from embarrassment as part of its Iraq War "investigation";
(5) there were at least 15,000 people killed in Iraq that were previously uncounted;
(6) "American leaders lied, knowingly, to the American public, to American troops, and to the world" about the Iraq war as it was prosecuted, a conclusion the Post's own former Baghdad Bureau Chief wrote was proven by theWikiLeaks documents;
(7)the U.S.'s own Ambassador concluded that the July, 2009 removal of the Honduran President was illegal -- a coup -- but the StateDepartment did not want to conclude that and thus ignored it until it was too late to matter;
(8) U.S. and British officials colluded to allow theU.S. to keep cluster bombs on British soil even though Britain had signed the treaty banning such weapons, and,
(9)Hillary Clinton's State Department ordered diplomats to collect passwords, emails, and biometric data on U.N. and other foreign officials, almost certainly in violation of the Vienna Treaty of 1961.
(TotH to GG, as usual.) I appreciate why you believe what you wrote. You might want to reconsider your position given your primary source of news is from organizations whose allegiance is to parent corporations that, like Amazon, absolutely cannot afford to get on the wrong side of the government that regulates them.
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Re:This is only temporary
It's close to paying back every dime it borrowed, and it's now almost certain that the taxpayers will ultimately pay very little for saving GM.
Sadly, $9 billion is considered "very little" nowadays. http://www.reuters.com/article/idUSTRE6AH5F320101118
Further, not only is GM losing a bit of money on each one sold, this is a good thing! GM is behaving EXACTLY like a start up, delivering an innovative product at a time when it's potentially very useful, and worrying about profits after marketshare and supply channels get streamlined. This is how Amazon became Amazon, how Tesla became Tesla, how Google became Google, how EBay became... you getting the idea yet?
You forgot pets.com, flooz.com, and a hundred other
.bombs. -
Re:Alternative, natural energy source solution.
Nope, but there *is* enough for a Christmas Tree.
:) http://www.reuters.com/news/video?videoId=72584 -
Big disclosure: China fed up with N. Korea leaders
The most significant disclosure so far is that China's leadership is fed up with North Korea acting like a "spoiled child". Previously, China was considered to be a supporter of North Korea. Now, confirming the info from Wikileaks, Chinese officials are admitting that China's leadership is fed up with the drama. This leak was a win for both the US and China. It gets the word out that China isn't going to back any stupid actions by Kim Jong-il. without China's leadership having to say so publicly. This helps calm the situation down. That one item outweighs any harm Wikileaks may possibly have done.)
(Here's the best analysis of the Korean situation I've seen in print.)
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Re:At least someone has balls (and common sense)Looks like their next target will be Bank of America (which is a private corporation).
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Re:Hmm
So Canadian Court says pay money
What Canadian court? Unless you for some reason think the United States Court of Appeals for the Federal Circuit is actually Canadian.
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Re:Jingoism?
I'm not weighing in on the fairness of the damage award, but SAP basically admitted guilt at the trial, and the jury only deliberated about damages.
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Re:Democrats loved the Pentagon Papers
Let's say he thought the French president had BO and was lazy....There is no reason to ever mention it in public though. It doesn't really help you at all, and it's one of those polite things everyone publicly pretends hasn't happened.
And the release of these cables isn't really going to change that. It might make for an awkward social moment here and there, but nothing policy-changing, exactly because everyone will publicly pretend it hasn't happened.
On the other hand, learning that the U.S. is instructing diplomats to engage in espionage against U.N. officials, or that our "friends" in Saudi Arabia are pushing the U.S. to attack Iran -- Americans need to know that. If the price is an awkward moment in the receiving line at some diplomatic function, it's cheaply got.
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Re:Rebels leading the charge! Freedom fighters uni
I would not consider someone who makes $100 million/year trading oil on a commodities market to be a productive person. No value is added, only value extracted from a system.
http://www.reuters.com/article/idUSTRE57D3PQ20090814
The definition of "poor" is slowly encompassing more and more of the middle class in the US. I'd make sure you're on the right side when the pitchforks come out after the 21st century equivalent of "let them eat cake" occurs.
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Re:funny and ironic
But making gun ownership mandatory reduces crime "When the law was passed in 1982 there was a substantial drop in crime
... and we have maintained a really low crime rate since then," said police Lt. Craig Graydon. "We are sure it is one of the lowest (crime) towns in the metro area.Realistically, neither case is a proof of what would happen anywhere else. I don't think either method (banned or required) will work everywhere. For example Mexico has the toughest gun laws in the world, yet gun violence is a huge problem, hasn't prevented gun violence for them. While Switzerland has the highest gun ownership rate in the World, yet is also one of the safest places to be in the world. Basically the Statistics seam to support that gun laws have little affect on violence and crime either way. A little effect on gun specific violence (but does not "prevent" anything.)
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Re:Another Slashverisement for HighGear Media?Also, it's a story from 9th April 2009 which was then covered on 15th April on said site. The original Guardian piece can be >found here. Hell Reuters posted an article in responce on 20 November 2009 where they added an interesting point
Shipping is slowing climate change by spewing out sunlight-dimming pollution but a clean-up needed to safeguard human health will stoke global warming, experts said Friday. "So far shipping has caused a cooling effect that has slowed down global warming," Jan Fuglestvedt, of the Center for International Climate and Environmental Research Oslo (CICERO), told Reuters....Toxic sulphur dioxide emitted by burning bunker fuel accounted for the deaths of an estimated 60,000 people worldwide in 2001 through cancer and heart and lung disease, according to a previous study. A clean-up would save thousands of lives. But sulphur pollution from the fast-growing shipping industry also helps create clouds by providing tiny seeds around which droplets form. Clouds have a cooling effect since sunlight bounces off their white tops.
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Re:Call their bluff
If they're actually that big and that well entrenched in Ireland, they won't just pick up their ball and go home that easily
Dell were, and they did.
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Re:Isn't this going to get expensive?
The Ohio State massacre really taught college kids to obey and stay in line.... Very few have the guts to do public disobedience anymore.
I think you mean Kent State. Ohio State is a very different school.
Also here's one quick example of a recent protest on a university campus. I'm sure there are plenty more from when Bush was in office protesting the Iraq and Afghanistan situations.
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Re:Dumping the hardware
OK, it's my TFS and it's not even badly munged. You're way down here it the bottom of the comments, and you seem to be the only one who "gets it". So you get my "informative?" reply.
Microsoft doesn't make their own hardware. They partnered with Sharp to produce the actual equipment. Of couse Sharp jobbed it out to some company we've never heard of, Elcoteq.
Because Elcoteq is a small, publicly held company that must report significant fiscal events we get to know that the Kins were "more than a third" of their Sharp business, which has a definite figure:
"Elcoteq has already delivered to Sharp the Kin smartphones for the U.S. markets with revenues amounting to more than one-third of the original guidance for Sharp business in 2010," it said in a statement, adding that the total guidance for the Sharp business came to 150 million euros ($183.5 million).
So cost on the Kin hardware was a minimum of $60,000,000. Kudos to MS for being prepared for a runaway hit. A hit isn't Kin though. Even if they shipped 10,000 units so far - far above field estimates - that's $6,000 per unit just for the hardware cost - never mind the advertising which was many times that.
Yeah, I think Verizon can be forgiven for trying to make something of the mush they're holding. It's better than feeding the Kins into a chipper and environmentalizing all that Lithium and other toxic metals.
There are a couple of problems though. In their quarterly statement, Microsoft said that the Kin team was folded into the WP7 team when the product was discontinued. That story doesn't jive with a new version of KinWare that doesn't use Cellular Data communications. That's a significant rewrite. They'll need some people for that. If they did it, then they lied to their investors and the SEC about abandoning Kin. If they didn't do it, then the story about Zombie Kin is a lie, or VZW took ownership of the IP in an unlikely way.
Nothing about what's happening here makes sense.
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There are still game retailers?
I thought that whole line of storefront retail was dead, along with video rental. Hollywood Video went bankrupt a few months ago, and liquidated; all stores closed. Blockbuster went into bankruptcy in September. They have enough interim financing to keep the retail stores open through the holiday season, but most stores will probably close next year. Almost all the little guys in video rental gave up years ago, of course.
What have the game guys got that the video guys don't have?
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Re:Protests? In CHINA?!
"Protests? In CHINA?!"
Yes, and to great effect:
Strikes in China signal end to era of low-cost labour and cheap exports
http://www.guardian.co.uk/world/2010/jun/17/china-strikes-economyToyota China Supplier Strike Over; Honda Still in Negotiations
http://www.businessweek.com/news/2010-06-17/toyota-china-supplier-strike-over-honda-still-in-negotiations.htmlChina labor unrest spreads as workers seek more
http://www.reuters.com/article/idUSTRE6590XX20100610Foxconn to up wages again at suicide-hit China plant
http://www.reuters.com/article/idUSTRE6551EX20100606Chinese workers are demanding a raise
http://www.businessweek.com/news/2010-06-06/suicide-tops-2-8-million-years-work-william-pesek-update1-.htmlFoxconn, Honda Increase Factory Wages in China
http://www.2point6billion.com/news/2010/06/07/foxconn-honda-increase-factory-wages-in-china-5920.htmlChinese workers are demanding a raise
http://www.businessweek.com/news/2010-06-06/suicide-tops-2-8-million-years-work-william-pesek-update1-.html -
Re:Protests? In CHINA?!
"Protests? In CHINA?!"
Yes, and to great effect:
Strikes in China signal end to era of low-cost labour and cheap exports
http://www.guardian.co.uk/world/2010/jun/17/china-strikes-economyToyota China Supplier Strike Over; Honda Still in Negotiations
http://www.businessweek.com/news/2010-06-17/toyota-china-supplier-strike-over-honda-still-in-negotiations.htmlChina labor unrest spreads as workers seek more
http://www.reuters.com/article/idUSTRE6590XX20100610Foxconn to up wages again at suicide-hit China plant
http://www.reuters.com/article/idUSTRE6551EX20100606Chinese workers are demanding a raise
http://www.businessweek.com/news/2010-06-06/suicide-tops-2-8-million-years-work-william-pesek-update1-.htmlFoxconn, Honda Increase Factory Wages in China
http://www.2point6billion.com/news/2010/06/07/foxconn-honda-increase-factory-wages-in-china-5920.htmlChinese workers are demanding a raise
http://www.businessweek.com/news/2010-06-06/suicide-tops-2-8-million-years-work-william-pesek-update1-.html -
Re:third world prices
Some transporation and oil companies and maybe a few wharehouses but the vast majority stay in China and it is stolen out of the US economy.
So when Caterpillar exports bulldozers to China and India, they're stealing from China's and India's economy? And what of the rare earth minerals from China? Those are needed for many things you enjoy. Or coltan, the mining of which fuels the conflict in the Congo, which your cellphone needs. Or the deforestation of Indonesia's forests, for the lumber used to make furniture and to clear the land for palm oil plantations for biofuels.
Oh, and let's not forget all those dollars shipped across the Canadian and Mexican borders with the US for oil. Dollars going to Saudi Arabia for oil? HAHA!!! Forget it, Canada is the US's biggest supplier of petroleum and Mexico is right behind them.
Your dollar moves all around it helping everyone else including industries out. Now picture it with a small hole with the air going into another baloon called China?
Yes, it helps everyone, including you and me. And I already said China is at fault for not having free trade.
FYI does Walmart even pay dividends?
Yes Walmart pays dividends. Here is Morningstar's 5 year history of Walmart dividends. And as of right now Walmart's P/E, Price per Earnings ratio, is 14.08. That is how long it would take to payoff the cost of shares in Walmart, 14.08 years. That is if all of the earnings are paid out.
That is what is happening now. Eventually there will be no more pressure to keep it inflated which is what the recession is all about.
Not that good with economics are you? The reason the economy collapsed and we're now in recession is because people borrowed more than they could pay back. People were taking out mortgages than instead of only taking 20 or 30 years to pay off, were going to take twice that. And why? Because they were hoping the house bubble would keep on inflating. But when prices didn't those borrowers couldn't afford their mortgage payments. They also started using their credit cards to pay their debts as well as living expenses. Debts mounted ever higher until people were bankrupt. So what did lenders do? They cut lending, that's what. Employers were then unable to borrow money to pay employees. Don't ask me why but instead of making sure they had enough money to pay employees many employers took out short term loans. Of course the bank bailout supposedly was supposed to get banks to start lending again. However because there was nothing in the bailout that required banks to lend money they didn't.
Sure free trade can help the world economy but it has to cost the American economy to create it. Many economsts agree if you are willing to research
Oh, I have. But first, your own link has Peter Schiff saying free trade is the answer: "The government is actually the source of our problem, that the stimulus is not the solution, the stimulus is why the economy is so messed up in the first place. And I want to go to Washington to end that." He goes on then says "we have to let free market forces repair the damage done to the economy by government intervention".
Now I didn't listen or watch the whole thing but that right there backs me up. Now I suggest you also check out
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And Ballmer's response: Sell sell sell!
Windows 1 is 25 years old and what does Ballmer do? He sells a bucket load of MS shares
Coincidence
... or NOT!!!!!!! -
Networks backing away from Internet TV
The major networks seem to be backing away from putting TV shows on the Internet. Last year, 90% of broadcast shows appeared on line, at least for a while. This year, not so much. Episodes go up and down on no clear schedule, and the lag between broadcast and online availability has increased. "The CW" just doubled their commercial density for their online episodes. (Right around that time, their broadcast market share fell below Univision.)
The producer of "Modern Family" wants that show offline. He's whining because he thinks more people would watch it from a broadcast source if they couldn't get it over the Internet. (Probably not; CBS tried that with "Gossip Girl", and it didn't help broadcast ratings.) His problem is that pay and clout in Hollywood is tied to broadcast ratings. Downloads, even with ads, don't count.
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Re:Am I the only one who is confused...Okay as far as I can tell
The FTC sued Intel alleging Intel had violated Section 5 of the FTC Act.
A little more digging brings us
The FTC filed its complaints against Intel on Dec. 16, 2009. It charged the chip maker with illegally using its dominant position to stifle competition for decades. The complaint was filed just a month after Intel had settled antitrust and patent disputes with Advanced Micro Devices for US$1.25 billion.
The FTC site adds that
").(1) Section 5 of the FTC Act prohibits "unfair methods of competition," and was amended in 1938 also to prohibit "unfair or deceptive acts or practices.
Seems to have been part of a broader move against Intel at the time, I admit I don't remember it very clearly, but Reuters adds
A wide range of antitrust enforcers have gone up against Intel for its controversial pricing incentives. New York Attorney General Andrew Cuomo accused Intel in November of threatening computer makers and paying billions of dollars of kickbacks to maintain market supremacy. The European Commission has fined Intel 1.06 billion euros ($1.44 billion) for illegally shutting out AMD. In June 2008, South Korea fined Intel some $26 million, finding it offered rebates to PC makers in return for not buying microprocessors made by AMD. Japan's trade commission concluded in 2005 that Intel had violated the country's anti-monopoly act. The case before the FTC is "In the Matter of Intel Corporation," docket number 9341.
Oh and that case can be found here
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For all Americans
For all Americans who think this will never happen to them, you should read this article from Reuters just this past Wednesday. Looks like the Canadian telecom industry is the role model our boys are looking to follow. But unlike what the article says, Canadians are not accepting this situation lying down. They are actively seeking out and subscribing to the new disruptive competition like Wind Mobile and Mobilicity.
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Re:Oh, just great
But you're new guy Obama is the most mindblowingly fiscally irresponsible President this country has ever seen. Are you going to call him out on that too?
[Citation Needed]
The largest budget deficit was the 2009 budget, which came out of the Bush White House.
Obama cut that epic budget by 8.6% and projects to cut it even further for 2011.And as SatanicPuppy said:
"Frankly, I can't think of anything more fiscally irresponsible than going to war without raising taxes (indeed, while LOWERING taxes)." -
Re:Nicely twisted summary
I don't like software patents either, but development does take its time and money and you currently still have to play by the rules like everyone else. Just because you're not selling as many devices as HTC doesn't mean you don't have to pay the same royalties. Even Google, like every other company, is asking for patent royalties, so why suddenly Microsoft shouldn't? Sure, hate the software patents, but twisting this as something like Microsoft demanding manufacturers to pay if they want to install Linux is just... wrong.
From HERE:
The patents in question relate to synchronizing e-mail, calendars and contacts, scheduling meetings and notifying applications of changes in signal strength and battery power, Microsoft said in a statement
Really? synchronizing email, calendars and contacts? Doesn't the iphone do that? Why is MS not suing Apple? Wait, didn't my Palm Treo do that? Hell, my wife's old Palm Pilot did that. Before all that, Eudora did it. So, in other words, this is nothing new, as far as the software goes. The only difference is the hardware. So why is MS not suing Apple, Palm or any of the other software applications that do this stuff... you know, like any OS anywhere that runs on a battery powered device or does email? Oh, that's right, because the whole point is to scare Acer, Asus and other smaller manufacturers from supporting Android.
This is not about development costs. How much software development cost went into patenting an idea that's been around since before Windows for Workgroups. This is legal blackmail, nothing more. HTC is paying MS off because it was probably cheaper than a lawsuit (and probably gets the money back in WinMo7 licensing deals). This is about companies installing software that isn't written by MS. This is about not paying licensing fees, BECAUSE OPEN SOURCE HAS NO LICENSING FEES!!!
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Re:Retest
I totally get your criticism of Obama.
It's not like he helped reduced the deficit by 126 Billion dollars in the worst economic crisis since the great depression.
...or... ...or...reversed a trend of epic job loss and ended up created millions of jobs
I mean, he's all that Obamacare thingy, and we all know that that will massively increase the deficit in the long run.
So yeah... I'm right with you, brother.
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Re:Retest
I totally get your criticism of Obama.
It's not like he helped reduced the deficit by 126 Billion dollars in the worst economic crisis since the great depression.
...or... ...or...reversed a trend of epic job loss and ended up created millions of jobs
I mean, he's all that Obamacare thingy, and we all know that that will massively increase the deficit in the long run.
So yeah... I'm right with you, brother.
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Re:Retest
I totally get your criticism of Obama.
It's not like he helped reduced the deficit by 126 Billion dollars in the worst economic crisis since the great depression.
...or... ...or...reversed a trend of epic job loss and ended up created millions of jobs
I mean, he's all that Obamacare thingy, and we all know that that will massively increase the deficit in the long run.
So yeah... I'm right with you, brother.
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Looks like the firings didn't work
http://www.reuters.com/article/idUSWAT00960720080606
The Air Force has been long criticized over its handling of the nuclear stock pile. Missleers used to be a sought after job, but over the last few decades, its been a career dead end in the Air Force.
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Re:No Connection with Tehran
It seems that there is no real connection between this group and Tehran. It's important to remember that when there is real discussion going on about conflict with Iran. That being said, this group does seem to be motivated by some sort of Iranian nationalism. It's just a further reminder of how small groups and individuals can inflame international imbroglios, leaving state actors in a bind. Think the Netanyahu and Obama administrations' paralysis over how to handle the settlers in the West Bank.
Except, you know, the Iranian president doesn't like anyone who isn't a Muslim.
As for how to deal with the West Bank "settlers", move 'em out (same with the Gaza Strip folks). That is Israeli territory. Period. They have a legitimate claim to that land as it was legally bought by Jewish settlers a long time ago at more than fair prices and NO ONE was forced to sell their property.
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Re:No Connection with Tehran
It seems that there is no real connection between this group and Tehran. It's important to remember that when there is real discussion going on about conflict with Iran. That being said, this group does seem to be motivated by some sort of Iranian nationalism. It's just a further reminder of how small groups and individuals can inflame international imbroglios, leaving state actors in a bind. Think the Netanyahu and Obama administrations' paralysis over how to handle the settlers in the West Bank.
Nuke all those Arabs.
America, Fuck Yeah!
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No Connection with Tehran
It seems that there is no real connection between this group and Tehran. It's important to remember that when there is real discussion going on about conflict with Iran. That being said, this group does seem to be motivated by some sort of Iranian nationalism. It's just a further reminder of how small groups and individuals can inflame international imbroglios, leaving state actors in a bind. Think the Netanyahu and Obama administrations' paralysis over how to handle the settlers in the West Bank.