The loophole is that it's not a criminal offense, nor a civil action. It's an administrative fee, more or less. It's not obvious how to close that loophole.
You know that wasn't caused by the banks, right? The government decided to just rob the people of some percentage of all savings accounts. People weren't happy with that idea. Of course, the very rich were tipped off ahead of time, and got their money out of the banking system before the robbery.
. Following the 2008 crisis, the Fed "printed" $3.5 Trillion, and inflation remained near zero.
They didn't increase the money supply. At the same time they were printing trillions, banks were (due to fed incentives) depositing roughly the same amount with the Fed. The recent stock market excitement was the beginning of the cost of unwinding that.
Don't take it as an example that printing money dosn't cause inflation - by itself it always does, often leading to the collapse of the currency. The Fed was very clever, and time will tell if they were too clever, as the other shoe has yet to drop.
Do you even banking? The savings are backed by mortgages, in general. The government can administer the funds appropriately.
Also, I don't think "collapse of the government" would be seen as a negative by the Yellow Vests. Much like there's a rather large group of Americans who would be content to see the current government shutdown become permanent. When the government stops serving the people, it's time to start over. Both France and the US have this history, after all.
Except for the ones that malfunction. Funny how often that happens. Funny how in the US you have no right to challenge the payment in court if you think the device is broken.
Far better to have a lottery, if you want a tax you can avoid paying. At least there somebody wins.
There's a plan for a run on the banks this weekend, I've heard. Nice idea, but I suspect the banks have plenty of legal protection against this, as in the US, and can just say "no".
Systemd is a straight-up copy of the way Windows does things. That to you is "whining about Microsoft"? Making Linux more like Windows is exactly what no one was asking for.
When the values of the individuals conflict with the values of society
Society is not a creature. It simply cannot have values in isolation, any more than my car can have values. Any meaningful description of society in this context must be a description of people, as only people are moral entities. There are different ways one might go about determining the values of the people and presenting those as the values of society, but you're always talking about the people.
What people value often conflicts with our moral ideals. Do you mean "moral ideals" what you talk about "the values of society"? That's back to what we do value, vs what we should value, no?
So you're worried about the case where someone becomes so very successful that this turns into a bad deal? Nice problem to have. But yeah, obviously the time should be limited. After 10 years or so college has become irrelevant.
What each of us values individually isn't necessarily what is valuable to society.
That cannot logically be true. Society is only the sum of what each of us are, individually. What we value as a society can only be the sum of what we value individually. Now, you can go on about what we should value, and that exercise may, itself, have value, but that's not what we do value. But then, if we return to the beginning, you'd need to claim that colleges should teach what we should value, not what we do value. (And I'm glad you "be the change you want to see", as there are far to many raging hypocrites on Slashdot.)
Huge societal value is... Huge societal value is not the top 1% dictating terms to the other 99% and telling them what is valuable.
And yet here you are, dictating to me what is valuable. No doubt you imagine yourself my better, giving me a moral education. Yeah. What's valuable is what each of us values, integrated across society. And do you even really think those activities are valuable, or are those just words that make you feel good to say? Kudos to you if you do give 10% of your pay to charity.
It's easy to assert that any given thing has "huge societal value", but what do the actual people who make up that society actually value? You know, enough to pay for? Or are you on the "your betters will tell you what's good" side of the fence?
If by "care" you mean something concrete, like healthcare, that's something like 1/6th of the US economy, and pays pretty well. We value that highly, it seems.
Space program is destroying society, got it. but tang No
Jobs related to NASA back in the day, or SpaceX et al now pay well. Always a bit less than more boring STEM jobs, of course, but still well.
Sciences aren't studied for their ROI.
Universities turn out their bulk of graduates to enter the workforce, so that a few can remain and do research. That's the deal. And research is certainly funded for its ROI, just with a longer view to the return.
There is no institution that deserves money from society simply for existing. That's not how any of this works.
We have no idea what will be valuable to society in the future. We should encourage folks to learn and do what they love.
Society at large may not be a perfect predictor, but it's a heck of a lot better than your typical 18-year-old. Very few people really know what they want to do with their lives at that age, preferences for touring the world with their band aside.
With one tweak, I really like this idea: not a percentage of your salary, but a percentage of the amount your salary exceeds the median wage. If you're still working retail after graduation, the college didn't do you any favors.
Slashdot Mirror
Fair enough, but we can live without speed cameras. It's much less obvious how to fix the problems with government.
If you mean "no, we need X days notice for that amount" or "no, we are presently out of money", sure.
Yup, they can delay you for 90 days. I think the Fed can add another 90 days if the bank is dead.
Did she go to court, or use some administrative process?
The loophole is that it's not a criminal offense, nor a civil action. It's an administrative fee, more or less. It's not obvious how to close that loophole.
The people in the yellow vests are drivers. They're the first impacted by the cameras.
And now they're the first impacting the cameras. Seems fair.
You know that wasn't caused by the banks, right? The government decided to just rob the people of some percentage of all savings accounts. People weren't happy with that idea. Of course, the very rich were tipped off ahead of time, and got their money out of the banking system before the robbery.
. Following the 2008 crisis, the Fed "printed" $3.5 Trillion, and inflation remained near zero.
They didn't increase the money supply. At the same time they were printing trillions, banks were (due to fed incentives) depositing roughly the same amount with the Fed. The recent stock market excitement was the beginning of the cost of unwinding that.
Don't take it as an example that printing money dosn't cause inflation - by itself it always does, often leading to the collapse of the currency. The Fed was very clever, and time will tell if they were too clever, as the other shoe has yet to drop.
Do you even banking? The savings are backed by mortgages, in general. The government can administer the funds appropriately.
Also, I don't think "collapse of the government" would be seen as a negative by the Yellow Vests. Much like there's a rather large group of Americans who would be content to see the current government shutdown become permanent. When the government stops serving the people, it's time to start over. Both France and the US have this history, after all.
Exactly, yellow vests. They are essentially keying their own cars.
Have you ever followed any news at all about protests in France? Yeah.
Wrecking the financial system is not a *nice idea*.
Bankers keep telling me that. As long as deposits are insured by the government, every bank can collapse and nothing of value will be lost.
Except for the ones that malfunction. Funny how often that happens. Funny how in the US you have no right to challenge the payment in court if you think the device is broken.
Far better to have a lottery, if you want a tax you can avoid paying. At least there somebody wins.
Now knock out those who run the banks.
There's a plan for a run on the banks this weekend, I've heard. Nice idea, but I suspect the banks have plenty of legal protection against this, as in the US, and can just say "no".
You have unit filed which indicate after target they are a part
Well, that made about as much sense as I'd expect from a defense of systemd.
Systemd is a straight-up copy of the way Windows does things. That to you is "whining about Microsoft"? Making Linux more like Windows is exactly what no one was asking for.
They didn't just copy Microsoft's init system and service manager, they copied Microsoft's attitude towards security and code quality.
When the values of the individuals conflict with the values of society
Society is not a creature. It simply cannot have values in isolation, any more than my car can have values. Any meaningful description of society in this context must be a description of people, as only people are moral entities. There are different ways one might go about determining the values of the people and presenting those as the values of society, but you're always talking about the people.
What people value often conflicts with our moral ideals. Do you mean "moral ideals" what you talk about "the values of society"? That's back to what we do value, vs what we should value, no?
So you're worried about the case where someone becomes so very successful that this turns into a bad deal? Nice problem to have. But yeah, obviously the time should be limited. After 10 years or so college has become irrelevant.
So, more like a tax then.
What each of us values individually isn't necessarily what is valuable to society.
That cannot logically be true. Society is only the sum of what each of us are, individually. What we value as a society can only be the sum of what we value individually. Now, you can go on about what we should value, and that exercise may, itself, have value, but that's not what we do value. But then, if we return to the beginning, you'd need to claim that colleges should teach what we should value, not what we do value. (And I'm glad you "be the change you want to see", as there are far to many raging hypocrites on Slashdot.)
I would like to know if this is a natural phenomenon or is it possible it is from sentient beings. There is no indication in the summary.
First rule of astronomy: it's never aliens.*
* Until it's aliens.
Huge societal value is ... Huge societal value is not the top 1% dictating terms to the other 99% and telling them what is valuable.
And yet here you are, dictating to me what is valuable. No doubt you imagine yourself my better, giving me a moral education. Yeah. What's valuable is what each of us values, integrated across society. And do you even really think those activities are valuable, or are those just words that make you feel good to say? Kudos to you if you do give 10% of your pay to charity.
It's easy to assert that any given thing has "huge societal value", but what do the actual people who make up that society actually value? You know, enough to pay for? Or are you on the "your betters will tell you what's good" side of the fence?
If by "care" you mean something concrete, like healthcare, that's something like 1/6th of the US economy, and pays pretty well. We value that highly, it seems.
Space program is destroying society, got it. but tang No
Jobs related to NASA back in the day, or SpaceX et al now pay well. Always a bit less than more boring STEM jobs, of course, but still well.
Sciences aren't studied for their ROI.
Universities turn out their bulk of graduates to enter the workforce, so that a few can remain and do research. That's the deal. And research is certainly funded for its ROI, just with a longer view to the return.
There is no institution that deserves money from society simply for existing. That's not how any of this works.
We have no idea what will be valuable to society in the future. We should encourage folks to learn and do what they love.
Society at large may not be a perfect predictor, but it's a heck of a lot better than your typical 18-year-old. Very few people really know what they want to do with their lives at that age, preferences for touring the world with their band aside.
That just sounds like slavery with extra steps.
Would you say the same about a credit card?
With one tweak, I really like this idea: not a percentage of your salary, but a percentage of the amount your salary exceeds the median wage. If you're still working retail after graduation, the college didn't do you any favors.