Few who lived through this era will be completely surprised by these revelations. Nixon was elected in part on his assertion that he had "a secret plan" to end the war in Vietnam. Now we know what his plan was.
Al Capone went to jail for tax evasion. Nixon was brought down by the cover-up of the Watergate break-ins. In both cases, the most trivial of their offenses was the cause of their downfalls.
You're right, of course - but this is the not the argument being discussed. With respect to the debt ceiling, the US has made sovereign legal contracts with its bondholders to pay interest and principle on these debts. If the debt ceiling is not lifted, the United States of America will default on these obligations. Its the equivalent of a household deciding they've reached the most they want to pay out every month, so they don't pay the mortgage - guess what? Foreclosure proceedings will soon follow.
I have to reply. I've been using Linux Audio for years making music. I rarely have to do any setup even after a system upgrade. If you use Jack and applications that support it - of which there are many, it's stable as a rock.
There's a huge difference between models in Newton's world and models in the financial world - feedback. A model that is successful in the real world will always be successful within its parameters. In the financial world, a successful model actually changes the parameters of the world it is modeling. Financial markets work on expectations. A good model changes the expectations of the system which changes its behavior. This feedback effect thus can invalidate the model over time.
It really isn't valid to compare physical models to financial models. Financial models behave much more like models in the social sciences.
After using Chrome for several weeks at work, I switched back to Firefox. The difference is Ad-Block Plus. Not loading the adds far exceeds any performance gains from other sources.
On living in Paris: "Financials: The cost of living in Paris is high. Salaries at first seem comparable, with a $75,000 position in the United States typically paying about EUR75,000 in Paris -- but with the current exchange rate, that's just $48,000."
Umm.. it's the other way around. EUR75,000 is more like $103,200 at current exchange rates.
The whole tone of this article sounds like it was written by someone who has never really understood open source or free software at all. He's certainly never read Stallman who makes it clear that free software does not imply that one can't make any money. I guess it's good to hear that this level of ignorance exists, but it did nothing to advance anyone's understanding of anything.
verystable investments - T-Bills, bonds, etc - at around 9% interest. Yes, except last time I looked t-bills were at 2.2% and t-bonds were at 3.6% - stable but, will it keep up with the inflation you talked about?
This notion is so silly that if I can't really find words to describe it. The fact that so many of my fellow Americans still cling to this notion today is surely a testament to either willful ignorance or blatant propaganda. The Soviet army had a roughly five to one advantage in numbers of troops and tanks over the US/British in the European theater at the end of the war. The Soviet equipment was roughly equivalent to the US and they had no lack of fuel. Their troops were battle tested and their general staffs had learned how to lead under the most difficult of circumstances. I'm afraid that the US was in no position to make any demands that it could have backed up on the battlefield at that time.
"On a final note, I'd like to point out to anyone interested that I think there's a huge void out there for a language that's as easy to use and learn as Python, but with the concurrency and message passing in Erlang."
One of the main aspects of Erlang that makes this possible is the fact that it is a functional language with no side effects. Trying to plug the Erlang concurrency and message passing model to a non-functional language is going to be messy and a PIA to use.
It may not be "loss of life", but multi-million dollar financial decisions are made every day based on the results of complex excel spreadsheets. I consider this mission-critical as would anyone with a stake in those decisions.
From http://en.wikipedia.org/wiki/Paul_Krugman: "From 1982 to 1983, he spent a year working at the Reagan White House as a member of the Council of Economic Advisers".
I think you're confusing "willing to criticize the Bush administration" with "left-leaning".
Ummm... where is the evidence for this statement? The US has had a state-run education system for approximately 140 years. It seems that during this period quite a few brilliant scientists have been home grown. I'm not saying the system couldn't use some help, heck, maybe even a complete overhaul, but I don't see any evidence to support the definitive solution that the state-run system is at fault.
The only way that you can imagine that Proportional Representation eliminates that influence of the states is if you imagine that all power resides in the federal government. Each state still has its own government complete with legislative, judicial and executive branches that control the vast majority of actions felt at the local level. PR does nothing to change this. All it does is change the way that elections are conducted at the federal level. The balance of power between state and federal government is entirely orthogonal to this discussion.
Slashdot Mirror
At least the protesters can ask to be forgotten if they want.
Few who lived through this era will be completely surprised by these revelations. Nixon was elected in part on his assertion that he had "a secret plan" to end the war in Vietnam. Now we know what his plan was.
Al Capone went to jail for tax evasion. Nixon was brought down by the cover-up of the Watergate break-ins. In both cases, the most trivial of their offenses was the cause of their downfalls.
You're right, of course - but this is the not the argument being discussed. With respect to the debt ceiling, the US has made sovereign legal contracts with its bondholders to pay interest and principle on these debts. If the debt ceiling is not lifted, the United States of America will default on these obligations. Its the equivalent of a household deciding they've reached the most they want to pay out every month, so they don't pay the mortgage - guess what? Foreclosure proceedings will soon follow.
So taxes will go back to levels that prevailed during the most robust economy of modern times - sounds like a nightmare.
Go to http://hosted2.ap.org/APDEFAULT/APNewsFeeds and you'll find links to subscribe to their content through Google,Yahoo, and MSN.
One has to wonder who is in charge of places like this.
What a tragic waste of time and resource. Use the time you're supposed to be gathering metrics to look for a new job.
Hey, it takes a lot of brains to financially engineer a global economic meltdown.
Titanium oxide isn't used for pigments - titanium dioxide is.
I have to reply. I've been using Linux Audio for years making music. I rarely have to do any setup even after a system upgrade. If you use Jack and applications that support it - of which there are many, it's stable as a rock.
There's a huge difference between models in Newton's world and models in the financial world - feedback. A model that is successful in the real world will always be successful within its parameters. In the financial world, a successful model actually changes the parameters of the world it is modeling. Financial markets work on expectations. A good model changes the expectations of the system which changes its behavior. This feedback effect thus can invalidate the model over time.
It really isn't valid to compare physical models to financial models. Financial models behave much more like models in the social sciences.
After using Chrome for several weeks at work, I switched back to Firefox. The difference is Ad-Block Plus. Not loading the adds far exceeds any performance gains from other sources.
On living in Paris:
"Financials: The cost of living in Paris is high. Salaries at first seem comparable, with a $75,000 position in the United States typically paying about EUR75,000 in Paris -- but with the current exchange rate, that's just $48,000."
Umm.. it's the other way around. EUR75,000 is more like $103,200 at current exchange rates.
All above average.
Strongly seconded.
This is the old blame the poor for the problems of the rich argument. It gets used a lot in certain circles.
The whole tone of this article sounds like it was written by someone who has never really understood open source or free software at all. He's certainly never read Stallman who makes it clear that free software does not imply that one can't make any money. I guess it's good to hear that this level of ignorance exists, but it did nothing to advance anyone's understanding of anything.
This notion is so silly that if I can't really find words to describe it. The fact that so many of my fellow Americans still cling to this notion today is surely a testament to either willful ignorance or blatant propaganda. The Soviet army had a roughly five to one advantage in numbers of troops and tanks over the US/British in the European theater at the end of the war. The Soviet equipment was roughly equivalent to the US and they had no lack of fuel. Their troops were battle tested and their general staffs had learned how to lead under the most difficult of circumstances. I'm afraid that the US was in no position to make any demands that it could have backed up on the battlefield at that time.
"On a final note, I'd like to point out to anyone interested that I think there's a huge void out there for a language that's as easy to use and learn as Python, but with the concurrency and message passing in Erlang."
One of the main aspects of Erlang that makes this possible is the fact that it is a functional language with no side effects. Trying to plug the Erlang concurrency and message passing model to a non-functional language is going to be messy and a PIA to use.
This sounds to me as if the Chinese had wanted to buy Kodak's film business in 1998.
It may not be "loss of life", but multi-million dollar financial decisions are made every day based on the results of complex excel spreadsheets. I consider this mission-critical as would anyone with a stake in those decisions.
Ericsson uses erlang to write massively parallel systems (e.g.):http://www.ericsson.com/products/hp/AXD_301 _305_MultiService_Switch_Rel_7_1_TAG_MSG_MGW_pos.s html/
From http://en.wikipedia.org/wiki/Paul_Krugman: "From 1982 to 1983, he spent a year working at the Reagan White House as a member of the Council of Economic Advisers".
I think you're confusing "willing to criticize the Bush administration" with "left-leaning".
Ummm... where is the evidence for this statement? The US has had a state-run education system for approximately 140 years. It seems that during this period quite a few brilliant scientists have been home grown. I'm not saying the system couldn't use some help, heck, maybe even a complete overhaul, but I don't see any evidence to support the definitive solution that the state-run system is at fault.
The only way that you can imagine that Proportional Representation eliminates that influence of the states is if you imagine that all power resides in the federal government. Each state still has its own government complete with legislative, judicial and executive branches that control the vast majority of actions felt at the local level. PR does nothing to change this. All it does is change the way that elections are conducted at the federal level. The balance of power between state and federal government is entirely orthogonal to this discussion.