Domain: wp.com
Stories and comments across the archive that link to wp.com.
Comments · 125
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In excess of 120MPH
I've seen a few of these in the humble VW Beetle: Do Not Open Windows at Speeds in Excess of 120 MPH
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Re:oblig goatse
As President Donald Trump would say it is a shithole
https://i1.wp.com/www.pigsycyb... -
Re:Makeup is a costume
My wife wears a relative minimum of makeup, mostly a little eyeshadow and mascara. Point is, it was never a surprise to see what she looks like in the morning.
Similar here except that my wife wears no makeup at all most of the time. She has little time and no real interest in painting her face for vanity and she's allergic and/or sensitive to a lot of that stuff anyway. I think she's beautiful with or without makeup so she doesn't have to wear it on my account. If I don't find her attractive in her natural state, no amount of makeup is really going to fix that.
Speaking of no makeup - here is Taylor Swift without it: https://i0.wp.com/youmeandtren....
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Re:Beat Vein Authentication
If I made a fake hand, I'd use it to beat something else.
Glad it wasn't just me! I got 7 words in and that's where my mind was.
Some eggs, for instance.
Well played sir.
But since we both find these funny, have a complementary one. Here's a recent "don't masturbate" poster thing which is just hilarious:
https://i0.wp.com/www.wehunted...
If you don't want to visit the link, the text says:
"Strugling with the addiction to masturbation? Reach out to me and we will beat it toether." -- Jesus
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Just when you thought congestion was bad enough...
...now we can be stuck in traffic underground! Brilliant!
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Re:Not 100% accurate
It's even better when there's an animal in the picture. Try this one for instance: (photo of lady with Great Dane).
Or this photo of lady with Great Dane
:-) -
Re:Not 100% accurate
It's even better when there's an animal in the picture. Try this one for instance: (photo of lady with Great Dane).
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Re:China's is not a legitimate government - at all
Even a retard like Trump isn't entirely wrong about resisting them...
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Re: And some idiot just yesterday INSISTED...
One of the main points of an autonomy system is to improve safety via pairing the vehicle's constant attentiveness with a human's decision-making ability. The more annoying you make your system with its nagging, the less people will use it, defeating any safety advantages.
Tesla actually has spent money on the hardware that would be needed. Look. You see that? That's a driver-facing camera. Every Model 3 has one. So what "cost savings", exactly, do you think they're getting?
Tesla has experimented endlessly over the years with nag frequencies, types of nag, and types of driver monitoring. This is what they've arrived at as the best balance between "encouraging people to actually use it" and "discouraging inattentive driving". And by and large, it works very well - even if some drunk happened to pass out at the wheel. Which, while we're on that subject... what's the alternative? Have drunks ever been prone to not driving? When a drunk passes out at the wheel, would you rather the car just crash? It's still DUI either way, but in the former case, everyone walks away unscathed, while in the latter case some random person has a drunk crash into and possibly kill them.
That's not to say that the current approach is perfect - far from it. There's a difference between a naggy, "oh my god you looked away from the windshield" system, and a system that can detect if a person has passed out (but still had their hands on the wheel), for example. Implementing the latter would very much be a good thing. But with the former, if you drive people off of using it, you lose out on any potential for improving safety.
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How dare they support government censorship
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My brain scan
Right here.[NSFW]
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Re:Woz is one of my heros
I know of many projects the Woz worked on, his ability to rework circuits to use 20% less chips is legendary.
There is a reason the Apple 1 looked like an Atari video game board.
One of the most interesting things the Woz did that stunned everybody is the way his floppy disk drive worked.
When I first got mine I could not believe what I was looking at, the controller card only had a few msi ttl chips on it and the disk drive electronic only had a couple small chips that were mainly analog?!? how could this possibly work?
The Woz did it all in software
Yep.
And he used to tell the story about how, one late night before a big computer show where the Disk ][ was introduced, he and Randy Wigginton were able to change ONE BYTE in the Controller's State Machine PROM and reduce their raw error-rate from 1 X 10^9 to 1X 10^12.
For those who don't remember, this is how the typical Shugart SA400 controller looked in 1978:
http://www.s100computers.com/G...
Now, compare that with the Disk ][ controller:
http://i2.wp.com/www.appleresc...
Amazing that they do EXACTLY the same thing, isn't it?
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Re:How many were truly voluntary, though?
I would except that my iPhone is incredibly good about not installing an update when I say "don't install this update".
You're kidding right?
You're given only two options - "install now" or "later", there is no "do not ask me again" (screen).
When you select "later", you get hit with a dark pattern that encourages you to enter your passcode to update in the early hours of the morning with a small text option "Remind me later" at the very bottom (screen). Since there is no "do not ask me again" option, this gives iOS licence to nag you a day or two later.
In addition, iOS will "helpfully" download the update to your phone even though you've constantly deferred the updates - meaning that you've lost a chunk of storage space without realizing it.
The rate at which their users install updates is certainly impressive - but it is more than helped by the way that Apple tends to ram it down your throat.
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Re:I hate Evernote
Compare:
https://mediafrenzy.files.word...
https://i0.wp.com/thenerdystud...I see an OS X application and then an iPad application. It makes sense that they have different UIs since one is operated with a mouse, other with a finger.
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I hate Evernote
because I want so badly to love it.
In 2008, it was still a killer app. In 2018, it has squandered its position.
The app has gained zero new killer functionality, which itself isn't disqualifying, but the UI hasn't even bothered to remain stagnant—it's gone backward. Evernote is far less usable and user-friendly for its core purposes than it was back when I started using it. Compare:
https://mediafrenzy.files.word...
https://i0.wp.com/thenerdystud...I hate all the wasted screen real estate. The lock-in to the same idiosyncratic and clashing colors. The way in which basic information organization have been buried in favor of a "just use the search box" mentality, requiring extra clicks for anything. The fact that data is incredibly difficult to get out in bulk (you can export it to a kind of soup that can be sorted out if you're willing to spent a month of your time doing development on your own). It used to be a pleasure to use, for what it was. Now it just sucks.
Even all of this would have been okay if basic features hadn't been gradually migrating behind a paywall even as prices continued to increase—but both things are true.
In short, Evernote started way ahead as a product that was great relative to everything else and very useful. It just needed some polish and iteration. Not only did they stagnate, they went backward, while jacking up the price. The one and only reason to stick with Evernote now is that it supports the five major platforms—Browser, Android, iOS, Windows, Mac OS—and syncs between them relatively seamlessly.
Evernote reminds me in a lot of ways of Livescribe. A company with a great idea out the gate that then stumbled and ran in reverse, creating the impression that they hold their most committed users in deep contempt. Which is fitting, because the two partnered together for some time, so they deserve each other. Most of all, Evernote, like Livescribe, is a company that in no way needs—for the functionality that they ought to deliver—the corporate bloat they seem to have developed.
The moment something else comes along that (1) creates rich notes and (2) can sync to always-up-to-date status on all of the platforms mentioned above, I'll jump ship right away. I'll even pay more, just to spite Evernote for holding my data (practically speaking) hostage.
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Re:Yeah it's real annoying
Forest? *snicker*. Here's the joke everyone over the age of 8 here knows:
Q: What do you do if you get lost in an Icelandic forest?
A: Stand up.I've actually not been to Hornstrandir; it's been on my TODO list for a long, long time, but I've lacked one of the obligatory "round tuits". So it's actually surprising to hear that there's not internet access (via cell towers) there, because in general even the most remote places here have cell access. When Bárðarbunga erupted, deep in the highlands, the eruption was livestreamed. And there's a lot more people in Vestfirðir then in the highlands!
This would of course be more about visitors than residents, given that there's no permanent residents in Hornstrandir. And in some ways I can sympathize. For example, there's always a lot of opposition to improving the highland roads because we don't want to have more cars driving through and tons of people flooding in, and driving really fast on some paved road would totally change the experience of going into the highlands... it would just turn into a set of "sites to see" rather than a journey. The effect of the isolation on you can really be profound. You feel like a person exploring Mars - so tiny in an endless empty expanse, completely devoid of any signs of human civilization except the half-bulldozed-out "road" you take, the endless travel punctured by rushes of adrenaline as you try to ford a river or trying to avoid ruining your car crossing a lava field. And people who know that experience generally don't want to see it altered. So I imagine it's the same thing for Hornstrandir. The difference being, as previously mentioned, in much of the highlands there's cell coverage. At least as far as I know, when I go out I'm not checking Facebook all the time.
;) But I don't recall any meaningful loss of coverage events.ED: Just checked a map from my cell provider. Looks like most of Hornstrandir is indeed marked in white (no coverage), while most of the highlands is light blue (2G) or in some places blue (3G) - even a good chunk of Vatnajökull (largest glacier in Europe).
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Re:Change is good
Anyone who expresses the belief that the Democrats are any better than the Republicans - or vice versa - is living in cloud cuckoo land. And wasting their time, thought and emotions.
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Re:silver lining
It's been pretty flat for several thousands of years. Except recently it's been rising and is accelerating.
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Re:Timing error...
So Samsung has been making mobile phones for a while. What the hell does that have to do with anything? I remember the original Samsung smartphones. They were so similar to the 1-3G iPhones I inadvertently walked off with a Samsung phone a couple of times when I mistook one for my iPhone 3G. Here's a graphic that kind of says it all: http://allthingsd.com/files/20... I saw one of the first Android prototypes too. It was a half screen and half keyboard affair that was clearly meant to be a Blackberry killer. Nobody took Apple seriously as a phone manufacturer, they all figured Apple would bring out some kind of glorified iPod with a keypad. When the iPhone hit the market everybody went back to the drawing board and the next thing you know they're all, by some cosmic coincidence, selling phones that look like more or less exactly like the iPhone. But of course none of them copied what Apple was doing
... perish the thought.No they weren't... If you cant tell the difference between a Samsung Galaxy and Iphone, that really says a lot about how daft you are. Here's a non-photoshoped picture for reference. Its a different size, colour and has the word "Samsung" prominently displayed in large letters.
I cant imagine how many Android phones you walk off with now IOS has changed into Android. -
Chuck E Cheese?
Ever been to one of these? It's basically a 'ticket' casino for very small children. I don't know why/how everyone is okay with this. I am not talking about skee ball where the tickets are just kind of a bonus for doing good in an actual game that existed without tickets. I am talking about the games that are basically a kid version of the casino wheel games:
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Re:You have to draw the line somewhere.
That would be Obama in 2012. His team used FB similar to Trump's team but it was called a genius move.
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Re:Jaywalk is FEEDOM!!!
Get off my street you stinking jaywalker!
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Might not be his fault
I can forgive that you don't understand this given the 2008 Heller decision is what clearly established the individual right to bear arms. But do please try to keep up, it's been 9 years now.
It might not be his fault.
Note that some school textbooks show the amendment rewritten to promote that view.
I have to wonder, with this and all the one-sided bans and anti-right policies, if we really are at the start of a civil war.
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Re:What sort of swear is it?
Maybe he looks like this?
A prince of a guy!
(People who use this expression seem to never have read The Prince
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Re:An epic failure in science journalism
The mistake of the mainstream approach has been to base the cosmic plasma models more upon what we imagine the plasma should do, based upon principles, than upon what we observe that the plasma does do within the laboratory. Since the Alfven story is not told in academia, the story which would teach this lesson remains completely unknown -- and so people continue to repeat the same mistaken logic. Put another way, when science journalists refuse to be objective, by refusing to tell the stories that mainstream scientists find awkward, there are real-world consequences for the public's conversations on these topics. It basically entraps the public into an ideology.
Re: "Gravity and the electric force both fall off with distance squared (other forces fall off faster)."
I see this sort of argument all of the time, and to be honest, it's evident that you've not learned enough of the debate to identify where the point of contention is. The idea that has been put forward is not based upon these simple principles; it's a hypothesis which has been constructed from modern observations of actual plasmas in actual laboratories. So, in that regard, we have a complete disconnect here: You've decided that you can argue against an argument which you've not taken the time to learn.
The actual argument which has been put forward is that, in the laboratory, what we observe plasmas doing is forming filaments which have a tendency to pair up. Take the time to learn the geometry of the claim by thinking about the pictures here, here and here -- which become progressively more complex.
It takes a little bit of mental effort to understand, but a person does not have to be a physicist or a mathematician to discern from these diagrams that there is a long-range attraction between these filaments, as well as a short-range repulsion.
Now, realize that plasmas are observed to scale over enormous distances. This is not based upon somebody imagining this as a principle (that would be absurd); the scaling is observed . So, what that means is that in a vague sense -- with some caveats -- we can scale this process up to the galactic regime. The observations of ESA's Herschel can fairly be called a vindication of this claim, as well.
One implication of this geometry is that the electric force can be extended to any distance we observe the filaments extending to. There is no known limit -- which is why this is a perfectly valid, and very physical, explanation for the dark matter problem.
Another important implication -- which is intriguing, honestly -- is that the universe appears to be a plasma fractal. There is repetition of structure happening across vastly different scales -- and this fact has not yet been adequately stated by science journalists to the public. It certainly bears great meaning for what the universe actually is.
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The Australian desert
The size of a table in the Australian desert.
The size of a table in a typical Texas backyard.
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Hey! I know what eukaryotes are!
They're those little blob things you tried to evolve past as soon as you could.
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Re:Thank you for the shower of crumbs!
I thought you said braise creimer so I brought some of this.
Then I realized the fat fuck probably already sweats orange duck sauce so you don't even need it!
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Re:Surprised they lasted this long.
Who rents houses that don't include walls? Like this one?
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Re:You'll have to tear out much of Europe's housin
Actually, I'm in Iceland, but not like it matters. And no, "public" does not in any way, shape, or form mean "not a parking garage". The word "public" has a very specific meaning. Just like the word private does. They're antonyms.
You cannot equip a grass verge with an electric plug
Yes you most certainly can. It's actually easier to install charging stations in grass than concrete. You run a trenching tool down the grass, lay down conduit, fill in the trench, and install the posts. And hey, if you don't want the posts for aesthetic reasons? No problem.
Look, the fact that you're arguing that something "can't be done" where there are places that it already is abundantly done should clue you in to the fact that you're wrong.
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What's next?
Next thing you know you'll be telling me that "Star Trek is telling us that we'll still be using Styrofoam cups in the future"!
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Coal miners.
I'm not being optimistic about renewable energy use or the will of the government to stop pollution, it's just that natural gas has been gutting the coal industry and despite a recent uptick, automation is replacing most workers. The companies may survive another 7 years but the occupation as we know it will die. With no economic incentive (jobs) to keep the sector alive, politicians that aren't heavily bribed will turn on coal completely most likely by other growing sectors that bribe them better.
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Re:Tragic
There are lots of species I'll try to save. Intestinal worms are not one of them.
Oh, that's a shame
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Re:When a patch or update is issued...
More likely you are mostly bacteria that assumes a human form. Your intelligence comes from the super worms living in your digestive tract.
Though I'm not ungrateful for your reminder, most people can let the typos slide
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Re:Chevy Bolt
Leaf degradation is terrible. And everyone who saw the pack design knew it would be. Passive air cooling? Geez, if you're going to cool your car battery pack like a smartphone battery, expect it to last about as long as a smartphone battery.
This is what a proper EV pack looks like inside. This is not.
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Re:It's not a minor accomplishment...
To put an ultra-fine point on this, there is a name for saying the "aesthetic quality of the background blur" has a name: BULLSHIT.
You're telling me the blurred background on these two images has the same aesthetic quality?
https://s-media-cache-ak0.pini...
https://i0.wp.com/digital-phot...That's not a fucking filter.
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Re:Apple's secret is
To me, it's more a question of where your attention should be. The recent design trend across the industry towards "flatter" designs is intended to put more emphasis on the content itself, rather than the window chrome around it. I'm fully in support of that notion, so long as the designers exercise the restraint necessary to prevent it from becoming a noisy, cluttered mess (e.g. Windows' live tiles). Towards that end, de-emphasizing everything else makes a lot of sense, which Apple and others have been doing by relying on more muted tones, more subtle gradients, and a reduced use of color so that (when done correctly) your eye is drawn towards the most important parts of the screen.
I'll let you judge the extent to which you think Apple et al. have succeeded (though your opinion seems to be fairly evident). For my part, while it admittedly took some getting used to, and while there were certainly some misses along the way (iOS 7 sacrificed A LOT of usability for the sake of aesthetics, but iOS has since recovered) I've come to enjoy the current design trend, and find that whenever I have to go back to earlier designs that had more texture, depth, gloss, glow, or gradient, it feels like taking a step in the wrong direction. While they weren't as bad as the spinning construction light GIFs and marquee text on websites in the '90s, the translucency effects, 3D-ness, and embossed text from just a few years ago have not aged well.
Also worth pointing out: UI design has been heading this direction for years, though it hit quite a few speed bumps along the way (e.g. brushed aluminum, green felt, stitched leather, fogged glass windows, other skeuomorphisms). For example, just look at how the translucency, pinstriping, and text shadows changed in pulldown menus in just the first few years of OS X: Mac OS X 10.0, Mac OS X 10.2, and Mac OS X 10.4. Transparency was decreased without being eliminated, pinstriping was nearly eliminated (and later was), and text shadows were greatly reduced, all of which point in the direction of the flatter designs we see now.
All of which is to say, the Yosemite "redesign" wasn't a sudden one, but it was a bigger step in the direction they were already heading than some of the previous steps had been.
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Re:Apple's secret is
To me, it's more a question of where your attention should be. The recent design trend across the industry towards "flatter" designs is intended to put more emphasis on the content itself, rather than the window chrome around it. I'm fully in support of that notion, so long as the designers exercise the restraint necessary to prevent it from becoming a noisy, cluttered mess (e.g. Windows' live tiles). Towards that end, de-emphasizing everything else makes a lot of sense, which Apple and others have been doing by relying on more muted tones, more subtle gradients, and a reduced use of color so that (when done correctly) your eye is drawn towards the most important parts of the screen.
I'll let you judge the extent to which you think Apple et al. have succeeded (though your opinion seems to be fairly evident). For my part, while it admittedly took some getting used to, and while there were certainly some misses along the way (iOS 7 sacrificed A LOT of usability for the sake of aesthetics, but iOS has since recovered) I've come to enjoy the current design trend, and find that whenever I have to go back to earlier designs that had more texture, depth, gloss, glow, or gradient, it feels like taking a step in the wrong direction. While they weren't as bad as the spinning construction light GIFs and marquee text on websites in the '90s, the translucency effects, 3D-ness, and embossed text from just a few years ago have not aged well.
Also worth pointing out: UI design has been heading this direction for years, though it hit quite a few speed bumps along the way (e.g. brushed aluminum, green felt, stitched leather, fogged glass windows, other skeuomorphisms). For example, just look at how the translucency, pinstriping, and text shadows changed in pulldown menus in just the first few years of OS X: Mac OS X 10.0, Mac OS X 10.2, and Mac OS X 10.4. Transparency was decreased without being eliminated, pinstriping was nearly eliminated (and later was), and text shadows were greatly reduced, all of which point in the direction of the flatter designs we see now.
All of which is to say, the Yosemite "redesign" wasn't a sudden one, but it was a bigger step in the direction they were already heading than some of the previous steps had been.
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Re:What about better blockchain integration?
BREAKING NEWS ALERT: The freshest of the fresh celebrity spokesmen has just signed on with systemd to promote the new systemd blockchain integration hawtness. You know what time it is...yeaaaaahhhhh boooooyeeeeee! -PCP
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Re:SNL...
Now Spicer has time to spoof Melissa McCarthy
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Re:Serious question:
What you're referring to as a "coup" another person might refer to as a "wake-up call". While I'm sure the founding fathers did not foresee Twitter in its precise present form, it's far too soon to consign their prescient safeguards to the water under the bilge.
Second, our surveillance powers detected the threat before the election took place, and the Obama administration warned Russia in direct language to lay off on the worst of their meddling or face serious consequences from an American counter hack (picture the clone-army Mossad, with corresponding resources). Obama probably should have done more, but the optics were complicated (thanks for furnishing Exhibit A), so he dithered despicably.
Third, Trump would have earned 90% of the same votes with no Russian meddling at all.
So American now has a president that only 45% of the population would have voted for in a perfectly dry, vodka-free election, giving the Koch brothers their last, Act III simultaneous erection (hate to disappoint you, but don't count on erection 2021, boys, you've totally shot your loads).
Based on the caliber of your post, let's have a car metaphor.
The founding fathers were not building a democratic Ferrari. They were building a democratic Land Cruiser. The ugly kind that's surprisingly hard to kill.
Short of a roll-over at high speed somewhere along Armageddon ridge, it's probably going to outlive America's latest and greatest asshole taking his turn at the urn behind the wheel.
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Re:Boo
Where were you during the election when your conservative brethren were claiming that if Hilary Clinton won the election they may have to resort to "2nd Amendment Solutions"? The right have been pushing gun ownership as an alternative for the vote not going your way for as far back as I can remember... and I've been politically aware since the 80's. You should be celebrating the fact that this loon is taking your arguments seriously, shouldn't you?
This Time
Ballot or Bullet
Musket SolutionIn 2012, Ted Nugent said in front of a crowd of revelers that Barack Obama should "suck on my machine gun". He added: "Hey Hillary, you might want to ride one of these into the sunset, you worthless bitch!"
You really have selective attention, don't you? How about just realizing that this behavior is inappropriate on either side of the aisle instead of your tribal myopathy?
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Re:WTF is an "LG"?
Actually, it's the same thing as mastercard/visa tap and go. you just wave the phone/card over the POS and proceed as normal. the android/apple/samsung/lg pay is just the companies going through regulatory checks, then they just get seen as another chase/capitol one clone.
if you see this, it should work. (although i've only seen it without the hand)
http://i1.wp.com/www.economica... -
You voted for him
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Wolowitz syndrome
Of course they know you use an ad blocker. That's one more data point they have about you
...It lumps you into the bucket of people with enough initiative to change the default settings on any aspect of their daily existence. You're probably an educated technocrat.
People Who Use Firefox or Chrome Are Better Employees
Michael Housman
... said that while the company's research hasn't identified anything to suggest causality, he does have a theory as to why this correlation exists. "I think that the fact that you took the time to install Firefox on your computer shows us something about you. It shows that you're someone who is an informed consumer .... you've made an active choice to do something that wasn't default."Okay, you're harder to neutralize with micro-disinformation.
So they suck you into pointless debates about SpaceX, colonising Mars, medical nanotechnology, life extension, the AI singularity, Hayekian economics, Objectivism, or liberal save-the-world TED porn.
Effectiveness: what you know times what you do.
Wolowitz syndrome: able to configure an ad-blocker, but not exactly picking the right fight.
____I've already got a bit of file on Robert Mercer.
Yachts seen close together — March 2017
As Rene Magritte would say, "this is not a smoking gun." Not yet, anyway. Hey, that reminds me, has anyone here got a match?
Rachel Maddow Explains "The Money Man" — August 2016
Kellyanne Conway, who ran Robert Mercer's Super PAC, she's a very familiar figure in Republican politics.
What Kind of Man Spends Millions to Elect Ted Cruz? — January 2016
Working with his daughter Rebekah, he's spent tens of millions more to advance a conservative agenda, investing in think tanks such as the Heritage Foundation, the media outlet Breitbart.com, and Cambridge Analytica, a data company that builds psychological profiles of voters.
Groups he funds have attacked the science of global warming, published a book critical of Hillary Clinton, and bankrolled a documentary celebrating Ayn Rand.
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Re: Haha
If there were any documented weird sexual practices in Trump's past, as opposed to vulgar locker room bragging, it would have been shouted from the rooftops and a 24/7 news item during the campaign.
https://i.ytimg.com/vi/4Bw1rSF...
https://i1.wp.com/s-media-cach...
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Re:If you can afford it
In that sense, so is Oregon (Portland, Salem, Bend), California (SanFran Metro, LA Metro, San Diego Metro), Washington (SeaTac and maybe one other metro area), and likely lots of other states just like it.
:)Not quite, but certainly the perception of California, Washington, and Oregon as total Commie-Pinko Hippie territory is wrong. Reagan was elected governor of California. Reagan. The idea that the state is a far leftist fring? A lie.
But here's a shocker, so is the perception of the country as a Sea of Red. It's a lie. A damnable one.
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Re:X has unrealistic expectations about Y
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Re:And HSBC is a honest broker here
Its not that at all. If FED 'sets' interest it also sets a component of inflation in the economy. Business leverages/expands credit to operate, if the baseline interest is raised this follows through to increased cost to build things and increased cost of living so the net effect is zero. The problem is that there is not enough real value adding being done in capitalism. Eg: where work builds something that makes profit. The private sector looks for investment and ultimately government spending creates areas where profit is higher yield than other areas. Eg: Lucrative profit for companies in China is not just operating costs its government creating money by keystroke to grow the economy. Now look at the efficiency of the financial sector that is supposed to make retirement stable: "The job of finance is to provide capital to companies. We do it to the tune of $250 billion a year in IPO's and secondary offerings" "What else do we do? We encourage investors to trade about 32 trillion a year. So by the way i calculate it, 99% of what we do in the industry is people trading with one another, with a gain only to the middleman.It's a waste of resources" -john bogle. Public pensions where the aggregate savings expand M1 of the money supply, where people DONT Have to take risks with a financial system that does not invest in real production or innovation IS THE PROBLEM nothing to do with interest rates. Also here are facts about millenials savings. They cant save enough because they dont earn enough. NO matter how you partition the income one of the basic living expenses is going to be defficient. https://www.principal.com/abou... https://www.forbes.com/sites/m... Employment participation rate is worse in the USA after every recession: https://i0.wp.com/bilbo.econom... http://bilbo.economicoutlook.n... https://i2.wp.com/bilbo.econom... https://i1.wp.com/bilbo.econom... People are poorer/earn less/more part time work replacing full time work: http://bilbo.economicoutlook.n... Not JUST evident in the USA: https://i2.wp.com/bilbo.econom...
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Re:And HSBC is a honest broker here
Its not that at all. If FED 'sets' interest it also sets a component of inflation in the economy. Business leverages/expands credit to operate, if the baseline interest is raised this follows through to increased cost to build things and increased cost of living so the net effect is zero. The problem is that there is not enough real value adding being done in capitalism. Eg: where work builds something that makes profit. The private sector looks for investment and ultimately government spending creates areas where profit is higher yield than other areas. Eg: Lucrative profit for companies in China is not just operating costs its government creating money by keystroke to grow the economy. Now look at the efficiency of the financial sector that is supposed to make retirement stable: "The job of finance is to provide capital to companies. We do it to the tune of $250 billion a year in IPO's and secondary offerings" "What else do we do? We encourage investors to trade about 32 trillion a year. So by the way i calculate it, 99% of what we do in the industry is people trading with one another, with a gain only to the middleman.It's a waste of resources" -john bogle. Public pensions where the aggregate savings expand M1 of the money supply, where people DONT Have to take risks with a financial system that does not invest in real production or innovation IS THE PROBLEM nothing to do with interest rates. Also here are facts about millenials savings. They cant save enough because they dont earn enough. NO matter how you partition the income one of the basic living expenses is going to be defficient. https://www.principal.com/abou... https://www.forbes.com/sites/m... Employment participation rate is worse in the USA after every recession: https://i0.wp.com/bilbo.econom... http://bilbo.economicoutlook.n... https://i2.wp.com/bilbo.econom... https://i1.wp.com/bilbo.econom... People are poorer/earn less/more part time work replacing full time work: http://bilbo.economicoutlook.n... Not JUST evident in the USA: https://i2.wp.com/bilbo.econom...