>p>Perhaps an example will help. A worker at McD's does not recieve benefits at all unless they're in management. The VAST majority of McD's employees are not management. This is not somehow counterbalanced by the expense of employee benefits, they're getting none. Same argument for people in retail.
Quite the opposite: people have a hard time demonstrating that regulations are effective or beneficial to employees. When they try to, they usually fall prey to neglecting opportunity costs, and count concentrated benefits while ignoring diffuse costs.
I think you're not understanding. Wall Street did very well with a consistent helping hand. Mainstreet was left to fend for itself and so didn't do so well. A more balanced approach could have helped both.
As for the benefits, what you're saying is that benefits were paid to management at a cost to the bulk of the employees who are nearly but not quite full time? Because the wage stagnation has been pretty much across the board including at employers where the vast majority of employees never have received benefits.
As for regulations, that is a favorite excuse, but nobody can ever seem to name an expensive and unnecessary regulation. It also doesn't explain how they're so expensive they've depressed wages across the board while at the same time not being so expensive that they damage profits on Wall Street.
That's not what they did though. They got the power company and the relevant PSC to sign off on hiking residential rates to pay for the installation of an additional transmission line to service the datacenter.
If you or I wanted a higher capacity feed, we'd get the bill for the installation.
TFA states that they definitely knew before the scandal went public and that they didn't inform the shareholders. They read about it in the news like everyone else.
Because the breaks all went to the top, the regulations that might encourage trickling down went away, as well as the ones keeping Wall Street from grabbing all the productivity gains.
Bush lit the fuse on TARP then tossed it into Obama's lap. This is well established.
Benefits have not gone up enough in cost to anywhere near account for the flat wages. Especially for the people working just short of full time so their employer can withhold all benefits. How do you explain them not getting any increase in pay?
So let's see where the money went! Much of Wall Street has been reporting record profits (and so the market keeps going up).
Wall Street did GREAT. Main street tanked. A lot of people's retirements went POOF in the mid 2000's. The banks got bailed out, everyone else was thrown to the wolves. Wall Street continues to do great. Main street not so much. It seems a little better of late, but the owner class is doing it's best to nip that in the bud. We can't have employers forced to actually be nice to the peons, now can we?
Meanwhile, while productivity has more than tripled, wages in constant dollars have been slipping.
It's been a long time since lifetime job security was even seen as possible, much less a norm.
Meanwhile, GDP has been climbing steadily. Productivity is through the roof.
Reagan's tax strategy increased tax revenue, but that's not really much of a measure of prosperity for the middle class, now is it. The trickle down didn't happen. At the same time, the owner class got really good at not letting the money trickle down.
Sure. And that's what I do if I want it in electronic form. But that's not what a lot of people are doing, so even though they bought it, it may go poof tomorrow.
I don't think you quite got the point of TFA. If you ripped and stored it, you still have ownership. It won't go poof just because you didn't make a subscription payment of someone somewhere changed their mind.
Such schemes have been in use since the days of Apple ][.
First, they mangle the symbol table turning meaningful names into random short strings (and patch up the relocation table to match). Then they encrypt critical code and replace the standard loader with one that first locates the key and decrypts the segments. They also encrypt the strings table so you can't get a decent hint at what a given piece of code does based on the strings it uses.
Naturally, since the code still runs, you can get everything decrypted by running in a debugger, but it makes that a pain since you have to trace your way through the loader and deal with strings being decrypted just in time.
Other tricks include adding junk into the code and adjusting jumps and brtanch inctructions to skip it. You can still figure it all out, but a simple disassembler won't give you a proper assembly listing in one go that way,
Essentially it's an advanced form of taking a nice bit of readable C source, using search and replace to change meaningful variable names like bNeedScreenUpdate with x, and removing all tab, space, and CR not actually needed by the compiler in order to make it hard to understand.
It doesn't actually stop you from decompiling the code but it does make it take a lot more time and effort.
So they're in a meeting about how to avoid being banned from selling in the entire U.S. market and we're to believe they weren't certain the problem was serious enough to tell the stockholders about it?
Cable started out dipping a toe in the water too. NMext thing you know, the science channels are all talking about Alien Nazi Bigfoot clones and the music video channels have no music.
Slashdot Mirror
So you figure as long as theyre not starving in the streets they should just smile pretty and move to the back of the bus?
Quite the opposite: people have a hard time demonstrating that regulations are effective or beneficial to employees. When they try to, they usually fall prey to neglecting opportunity costs, and count concentrated benefits while ignoring diffuse costs.
I note that you declined to name one.
Funny how that Keynesian injection of money seems to always be done at the top rather than the bottom.
I think you're not understanding. Wall Street did very well with a consistent helping hand. Mainstreet was left to fend for itself and so didn't do so well. A more balanced approach could have helped both.
As for the benefits, what you're saying is that benefits were paid to management at a cost to the bulk of the employees who are nearly but not quite full time? Because the wage stagnation has been pretty much across the board including at employers where the vast majority of employees never have received benefits.
As for regulations, that is a favorite excuse, but nobody can ever seem to name an expensive and unnecessary regulation. It also doesn't explain how they're so expensive they've depressed wages across the board while at the same time not being so expensive that they damage profits on Wall Street.
Follow the money.
That's not what they did though. They got the power company and the relevant PSC to sign off on hiking residential rates to pay for the installation of an additional transmission line to service the datacenter.
If you or I wanted a higher capacity feed, we'd get the bill for the installation.
TFA states that they definitely knew before the scandal went public and that they didn't inform the shareholders. They read about it in the news like everyone else.
Because the breaks all went to the top, the regulations that might encourage trickling down went away, as well as the ones keeping Wall Street from grabbing all the productivity gains.
Bush lit the fuse on TARP then tossed it into Obama's lap. This is well established.
Benefits have not gone up enough in cost to anywhere near account for the flat wages. Especially for the people working just short of full time so their employer can withhold all benefits. How do you explain them not getting any increase in pay?
So let's see where the money went! Much of Wall Street has been reporting record profits (and so the market keeps going up).
Wall Street did GREAT. Main street tanked. A lot of people's retirements went POOF in the mid 2000's. The banks got bailed out, everyone else was thrown to the wolves. Wall Street continues to do great. Main street not so much. It seems a little better of late, but the owner class is doing it's best to nip that in the bud. We can't have employers forced to actually be nice to the peons, now can we?
Meanwhile, while productivity has more than tripled, wages in constant dollars have been slipping.
In other words, their concern was ALL cars sold in the U.S. not just Diesel.
And they thought it was important enough to cheat, important enough to keep the market alive, but not important enough to tell their shareholders.
Yeah, right.
Actually, you said EXACTLY: BETTER benefits.
Hours worked is within 10% the same.
It's been a long time since lifetime job security was even seen as possible, much less a norm.
Meanwhile, GDP has been climbing steadily. Productivity is through the roof.
Reagan's tax strategy increased tax revenue, but that's not really much of a measure of prosperity for the middle class, now is it. The trickle down didn't happen. At the same time, the owner class got really good at not letting the money trickle down.
Wow, full on delusion! We do not have better benefits, more time off, or more job security today than we had in the '70s, we have less of each.
That would be an example, yes.
Sure, and if that's what you want to read, you're golden. If you want to read something newer, it's a lot harder to find unless you ignore copyright.
But that doesn't change the fact that many don't do that. They've been well trained to fall for long term rentals disguised as purchases.
They cared enough to pay the huge fines rather than withdraw from the market.
They used to sell fake sunlight until skin cancer awareness spread.
If they might go poof anyway, might as well check them out from a library.
Sure. And that's what I do if I want it in electronic form. But that's not what a lot of people are doing, so even though they bought it, it may go poof tomorrow.
It's not progressive politics that have done this. It's supply side economics, trickle down (guess what trickles down), and various other GOP schemes.
There's nothing wrong with having it in electronic form, the problem is when it might disappear or be silently edited by someone beyond your control.
I don't think you quite got the point of TFA. If you ripped and stored it, you still have ownership. It won't go poof just because you didn't make a subscription payment of someone somewhere changed their mind.
TFA is about things that go poof.
Better still, reading ebooks you actually own.
It's still a large enough market that it's hard to believe they didn't think there was anything the stockholders should know about.
Such schemes have been in use since the days of Apple ][.
First, they mangle the symbol table turning meaningful names into random short strings (and patch up the relocation table to match). Then they encrypt critical code and replace the standard loader with one that first locates the key and decrypts the segments. They also encrypt the strings table so you can't get a decent hint at what a given piece of code does based on the strings it uses.
Naturally, since the code still runs, you can get everything decrypted by running in a debugger, but it makes that a pain since you have to trace your way through the loader and deal with strings being decrypted just in time.
Other tricks include adding junk into the code and adjusting jumps and brtanch inctructions to skip it. You can still figure it all out, but a simple disassembler won't give you a proper assembly listing in one go that way,
Essentially it's an advanced form of taking a nice bit of readable C source, using search and replace to change meaningful variable names like bNeedScreenUpdate with x, and removing all tab, space, and CR not actually needed by the compiler in order to make it hard to understand.
It doesn't actually stop you from decompiling the code but it does make it take a lot more time and effort.
So they're in a meeting about how to avoid being banned from selling in the entire U.S. market and we're to believe they weren't certain the problem was serious enough to tell the stockholders about it?
I smell pants burning.
Cable started out dipping a toe in the water too. NMext thing you know, the science channels are all talking about Alien Nazi Bigfoot clones and the music video channels have no music.