as long as government stays out with its regulations and subsidies that promote monopolies, the costs will continue dropping.
This just shows how invalid all of the ideology is behind this notion that inflation is the right thing, that government needs to be in health insurance and health care and that private sector cannot do efficient job in health care and insurance.
Just a very little while ago in this thread I compiled some data from various sources (including gov't statistics and some research papers) that shows that private health care and insurance were affordable and in fact preferred by population before the gov't and insurance and health provider companies have colluded and before gov't provided the moral hazard in form of Medicare and Medicaid (and CHIP), the prices for health care and for health insurance were low and most people preferred having private insurance plans even to things like Blue Shield/Cross.
Health insurance and medical treatment are just normal goods, there is nothing magical about them, the normal rules of market apply. Prices fall with increase in production and competition. That's before gov't gets involved, collusion and price fixing happens as well as gov't money influx and prices rise sky high, completely out of whack (same with education prices, and all other things government money is spent on.)
Markets that are less influenced by government regulations and subsidies than others, such as computers and various medical procedures that are not covered by government money (lasic eye surgery), have more competition, innovation and prices go down in those markets, not up. This is true even as new advances are made, new technologies are introduced. Those technologies are not cheap, but they are used massively in competitive manner and prices fall.
You are not paying millions of dollars for your computers, and you are able to buy many computers for a reason. That reason being that government is mostly uninvolved.
This is why I am and will always be against such things as government regulating anything, including 'net neutrality' laws, etc. AFAIC any government initiative and a law and a subsidy and a tax can be explained by reversing the official intent for it.
So if government is supposedly involved into making medical insurance less expensive and more affordable, expect the insurance to become less affordable and more expensive.
If government is saying it will protect you from terrorists, expect completely nonsensical policies that will at the end create more terrorists (all this while your real rights will be stripped off you and you'll be left sitting there, holding your dicks in your hands, with no right to anything at all.)
If government is saying it will fix the economy by printing money and spending, then you know what's coming - complete destruction of economy, collapse of the monetary system.
If government is saying it's going to bring you clean energy by various mandates, expect huge energy shortages, eventual failure of those clean energy policies to deliver enough energy, loss of real industries and real innovation and eventual situation, where most of the country is forced backwards, to use the most dirty but cheapest way to get energy.
If anything good comes out of the incoming economic disaster, hopefully it will be that the Keynesian policies, the policy of having a federal bank, the fiat currency, regulation of economy and money by government might be discredited completely (of-course nothing happens completely), but hopefully mostly, as the government shows itself not just totally impotent in these issues, but actually is shown to be the driving force behind the economic disasters of 20-21 centuries.
So you will really hate the next release, which will come out with a single window, and all the 'GUI' apps will be transparencies in that one window and there will be some sort of an 'intensity' control that you'll use to make one of the transparencies more intense than others, while others will still all be visible through the main window, and you won't be able to remove this feature.
Think of all the new useful ways you'll enjoy your desktop more.
There will be no maximize/minimize/CLOSE buttons!
All applications you have installed on the computer will start at once and you'll just 'INTENSIFY' them when you need one more than the other, but all of them will always be there, right when you need them.
The guess is that this is the right way to go. Why would anybody not want to see all of the applications at the same time, after all, if you don't need an application you shouldn't really have it installed. This will unclutter everything and everybody will love it.
Of-course for you, you'll always be able to watch the porn, no matter what you are doing. You are using your bank website? You are still watching the porn scene 5310 through the transparent bank site window.
Imagine all the time you will save by doing all of the things you want to do all at the same time! You'll get more done quicker and you'll never forget anything you have on your machine that's important. Like the porn scene 43011. All playing, all at once, forever, transparently.
This should not be a default feature, those who are interested in it should be able to turn this on, but for the rest, this is going to be a huge put off, especially for people who don't care whether they are on Windows, GNU/Anything, some other Unix or whatever, they just use the computer to access the web, send pictures, who knows, but this is going to be confusing.
But the WORST thing about it is not the fact that the buttons are gone, but the feeling that the GNU/Linux desktop is completely unstable and is LOSING features while gaining bloat version to version.
Yes, excuse me for saying, but in the eyes of MOST people this will look like something is missing, like it's an incomplete desktop and as such - broken.
--
Here is a sensible approach to this: add this ability to the distro, advertise it and how it can be turned on but do not turn it on by default.
An actually useful feature can be moving the normal main window menu ('file'/'edit'/'view'/....../'help') to the title bar, but with this too, it shouldn't be a default feature.
All these years, all this time, I was wondering: what is Windows good for? Now I know. It can keep a folder intact, version to version, version to version.
Too bad it can't keep the pink background all the way through.
not this again. Is the war on drugs over? Or the war in Afghanistan? Will there be a "war on piracy", the copyright kind? Should everybody stock up on pictures of Betty Boop (oh, wait, that one has expired, so it's legal, right?)
the Father of Linux, Linux Torvalds, and his wife Tove were among the beautiful people
From the blog:
Everybody seemed to take [us walking up to familiar looking people and asking them who they were] in good cheer. We interrupted David Spade chatting up Natalie Portman and Mila Kunis (that's what Tove says, I was oblivious - it's those famous geek social graces again. I told her I'm sure I'd have noticed Natalie Portman and that she can't possibly have been there, but whatever), and Tove pissed off Warren Beatty by asking his name not just once, but twice.
"We implemented this new concept in a very simple way," explains Rainer Blatt. In a miniaturized ion trap a double-well potential was created, trapping the calcium ions. The two wells were separated by 54 micrometers. "By applying a voltage to the electrodes of the ion trap, we were able to match the oscillation frequencies of the ions," says Blatt.
- then the Austrian with a thick New Jersey accent added: we just used a small ruler with 2 micrometer dividers, badabim badaboom, you know what I am saying? A couple of tweezers to catch the calcium ions and a miniature excavator to dig the wells. It's easy, anybody and their mother can do it. In fact my mother did it the other way in the kitchen. It's still oscillating.
"This resulted in a coupling process and an energy exchange, which can be used to transmit quantum information." A direct coupling of two mechanical oscillations at the quantum level has never been demonstrated before. In addition, the scientists show that the coupling is amplified by using more ions in each well. "These additional ions function as antennas and increase the distance and speed of the transmission," says Rainer Blatt, who is excited about the new concept. This work constitutes a promising approach for building a fully functioning quantum computer.
- Then the madly excited Dr. Blatt aded: -If my calculations are correct, when this baby hits eighty-eight miles per hour... you're gonna see some serious shit.
"The new technology offers the possibility to distribute entanglement. At the same time, we are able to target each memory cell individually," explains Rainer Blatt. The new quantum computer could be based on a chip with many micro traps, where ions communicate with each other through electromagnetic coupling. This new approach represents an important step towards practical quantum technologies for information processing.
The reporter taking the notes looked up from the notebook: This is uh... This is heavy duty, Doc. This is great. Uh, does it run, like, on regular unleaded gasoline?
Dr. Blatt: Unfortunately no, it requires something with a little more kick - plutonium.
Reporter: Are you telling me that this sucker is nuclear?
Dr. Blatt: No, no, no, no, no. This sucker's electrical. But I need a nuclear reaction to generate the 1.21 gigawatts of electricity I need.
Reporter: Doc, you don't just walk into a store and-and buy plutonium. Did you rip that off?
Dr. Blatt: Shhhhhh. Of course. From a group of Libyan nationalists. They wanted me to build them a bomb, so I took their plutonium and in turn, gave them a shiny bomb-casing full of used pinball machine parts! Come on! Let's get you a radiation suit. We must prepare to reload.
TV news anchor:...the Senate is expected to vote on this today. In other news, officials at the Pacific nuclear research facility have denied the rumor that a case of missing plutonium was, in fact, stolen from their vault two weeks ago. A Libyan terrorist group had claimed responsibility for the alleged theft. However, officials now attribute the discrepancy to a simple clerical error. The FBI, which is still investigating the matter, had no comment. Twelve wooden crates filled with cocaine washed ashore near Boca Raton, Florida, yesterday.
Fuck you, you piece of shit. The energy company doesn't like my money? They can cut my mains. If they take my money for the service, they better fucking have enough capacity. As to fucking pieces of shit like you, go drown yourself.
Struck a nerve? I hate fuckers who get into my business, this includes all fuckers, private and government. Fuck you once again. What are you, a cop? Fucking pig. Also what the fuck do you know about Americans to make generalizations?
Energy is just a normal good, as long as I pay for it it's my property - I buy it. If there isn't enough of it, then prices will go up and there will be more business opportunity to produce more energy and it will be filled with some business.
I wrote so much on this here, including the FDR era subsidized roads catastrophe, SS ponzi, lots of data on things like private vs gov't health insurance and care... I am just not in the mood to argue, I had a long night and day and a week and more, it's tiring and useless to argue on/. anyway. But you can read my journal links, those are to my comments that I like, there enough there for me to rewrite and plenty for you to understand you are arguing with the wrong guy on this subject.
They ended up killing a lot of people in the lands they 'discovered', but let's not pay attention to that.
However I say to this shuttle launch: good riddance. An old, massively inefficient and expensive piece of crap that serves no purpose to push any boundaries forward at all.
How about gov't stops with the wars and everything else they do and let people decide how to spend their own money? Is that too much to ask?
Clearly NASA's budget is insignificant compared to everything else, but AFAIC whatever NASA is getting in budget, that should be the ENTIRE budget of the federal gov't, and not a cent more.
Governments should mandate efficiency standards, not technology.
- really? I have this crazy idea - government should go fuck itself sideways with an excavator and leave the people to decide what they WANT to use and what they PREFER to use and what they can AFFORD to use without government.
During FDR times they already decided that cars must win against other types of transport, so they tore down thousands of miles of rail that US used to have that was private and profitable. They also taxed airlines to do that and they created this crazy subsidized system of roads that they use to hold separate States hostage with. Also this caused massive amounts of car pollution and suburban sprawl and all the related societal problems.
Now US gov't wants to build rail? It wants to dictate what light-bulbs people must use?
A bullet in between every single government officials eyes, that's what is needed, that's my opinion.
-Computer, open my bank account. -Which one? -Bank of America -That's a stupid bank account to have, they are broke -Not as long as Bernanke keeps bailing them out. -Fine. But your dollars are crap. -Whatever. Open it. -It wants your password.o! -12345 -So the combination is... one, two, three, four, five? That's the stupidest combination I've ever heard in my life! The kind of thing an idiot would have on his luggage! -Remind me to change the combination on my luggage. And what's the balance on the account?. -15 bucks -Yaho! I am gonna buy me a mouse and I'll make you shut up!
---
A day later:
-Computer, open my bank account -Same stupid account as yesterday? -Shut up and open it, and what's the balance? -Negative 1000 -????!!!!
But 250 dollars? Multiply that by the number of stores. Also it's not USA where $250 is just a microsecond for the Fed to print and to give out in bailouts. People actually have to make profit to survive.
Horseshit. This is the same failure in logic that allowed the banks to screw the economy a couple years ago.
- there is no failure in logic. In fact it's very logical, you may want to pay attention to the video I have in my sig. That's from 2006, where a guy uses logic to explain why he is shorting housing market, why housing market is in a bubble and how he deduced his information from all the wrong incentives provided by the government.
Greenspan has admitted that his failure to really think this through was problematic.
- Greenspan provided some of those very incentives. He was only 'free market' in his speeches. In reality he was very much a Keynesian charlatan when dealing with a problematic situation that came up during his time there, when during an economic slowdown due to the Internet stock market bubble crash he dramatically dropped the short term interest rate to 1%, providing the very fuel (part of it, the other parts were FDIC, FHA, HUD, Freddie/Fannie) that inflated the housing bubble.
That's why governments shouldn't be able to print their own tickets to growth through inflation (money supply expansion) by printing federal reserve notes. Gov't doesn't know when to stop and dies on the food overdose taking down the kitchen by eating everything from it and leaving the hosts poor as well.
The issue is that in an unregulated environment, banks are not the decision makers, employees/officers are the decision makers.
- Governments have always colluded with business and they must never be allowed to do so. That's why there are such entities as LIMITED liability corporations, where people who are making the decisions are not going to be responsible in any way for those decisions should things go really bad because of them.
But that's just another reason to prevent any government created moral hazard - insurance for something. It's absolutely not a failure of logic at all that by removing some personal risk the government creates moral hazard - incentives to behave in otherwise (in absence of those insurance policies) responsible manner.
People NEED to know there IS risk in what they do. There IS personal responsibility.
Governments have removed that idea completely by saying: by law you bear no responsibility or very little responsibility (and it's hard to prove guilt in the first place, but this makes it impossible.)
So we get situations where bonuses are chased to the detriment of the bank, and the economy as a whole.
- yes, because nobody faces any risk, it's all removed by government guarantees.
It's a retail chain. They already have everything working on Windows, they were thinking about moving to Linux. You don't buy a bunch of new everything only to switch to a different OS.
Slashdot Mirror
as long as government stays out with its regulations and subsidies that promote monopolies, the costs will continue dropping.
This just shows how invalid all of the ideology is behind this notion that inflation is the right thing, that government needs to be in health insurance and health care and that private sector cannot do efficient job in health care and insurance.
Just a very little while ago in this thread I compiled some data from various sources (including gov't statistics and some research papers) that shows that private health care and insurance were affordable and in fact preferred by population before the gov't and insurance and health provider companies have colluded and before gov't provided the moral hazard in form of Medicare and Medicaid (and CHIP), the prices for health care and for health insurance were low and most people preferred having private insurance plans even to things like Blue Shield/Cross.
Health insurance and medical treatment are just normal goods, there is nothing magical about them, the normal rules of market apply. Prices fall with increase in production and competition. That's before gov't gets involved, collusion and price fixing happens as well as gov't money influx and prices rise sky high, completely out of whack (same with education prices, and all other things government money is spent on.)
Markets that are less influenced by government regulations and subsidies than others, such as computers and various medical procedures that are not covered by government money (lasic eye surgery), have more competition, innovation and prices go down in those markets, not up. This is true even as new advances are made, new technologies are introduced. Those technologies are not cheap, but they are used massively in competitive manner and prices fall.
You are not paying millions of dollars for your computers, and you are able to buy many computers for a reason. That reason being that government is mostly uninvolved.
This is why I am and will always be against such things as government regulating anything, including 'net neutrality' laws, etc. AFAIC any government initiative and a law and a subsidy and a tax can be explained by reversing the official intent for it.
So if government is supposedly involved into making medical insurance less expensive and more affordable, expect the insurance to become less affordable and more expensive.
If government is saying it will protect you from terrorists, expect completely nonsensical policies that will at the end create more terrorists (all this while your real rights will be stripped off you and you'll be left sitting there, holding your dicks in your hands, with no right to anything at all.)
If government is saying it will fix the economy by printing money and spending, then you know what's coming - complete destruction of economy, collapse of the monetary system.
If government is saying it's going to bring you clean energy by various mandates, expect huge energy shortages, eventual failure of those clean energy policies to deliver enough energy, loss of real industries and real innovation and eventual situation, where most of the country is forced backwards, to use the most dirty but cheapest way to get energy.
If anything good comes out of the incoming economic disaster, hopefully it will be that the Keynesian policies, the policy of having a federal bank, the fiat currency, regulation of economy and money by government might be discredited completely (of-course nothing happens completely), but hopefully mostly, as the government shows itself not just totally impotent in these issues, but actually is shown to be the driving force behind the economic disasters of 20-21 centuries.
Oh, you want that?
So you will really hate the next release, which will come out with a single window, and all the 'GUI' apps will be transparencies in that one window and there will be some sort of an 'intensity' control that you'll use to make one of the transparencies more intense than others, while others will still all be visible through the main window, and you won't be able to remove this feature.
Think of all the new useful ways you'll enjoy your desktop more.
There will be no maximize/minimize/CLOSE buttons!
All applications you have installed on the computer will start at once and you'll just 'INTENSIFY' them when you need one more than the other, but all of them will always be there, right when you need them.
The guess is that this is the right way to go. Why would anybody not want to see all of the applications at the same time, after all, if you don't need an application you shouldn't really have it installed. This will unclutter everything and everybody will love it.
Of-course for you, you'll always be able to watch the porn, no matter what you are doing. You are using your bank website? You are still watching the porn scene 5310 through the transparent bank site window.
Imagine all the time you will save by doing all of the things you want to do all at the same time! You'll get more done quicker and you'll never forget anything you have on your machine that's important. Like the porn scene 43011. All playing, all at once, forever, transparently.
You'll love it.
This should not be a default feature, those who are interested in it should be able to turn this on, but for the rest, this is going to be a huge put off, especially for people who don't care whether they are on Windows, GNU/Anything, some other Unix or whatever, they just use the computer to access the web, send pictures, who knows, but this is going to be confusing.
But the WORST thing about it is not the fact that the buttons are gone, but the feeling that the GNU/Linux desktop is completely unstable and is LOSING features while gaining bloat version to version.
Yes, excuse me for saying, but in the eyes of MOST people this will look like something is missing, like it's an incomplete desktop and as such - broken.
--
Here is a sensible approach to this: add this ability to the distro, advertise it and how it can be turned on but do not turn it on by default.
An actually useful feature can be moving the normal main window menu ('file'/'edit'/'view'/....../'help') to the title bar, but with this too, it shouldn't be a default feature.
All these years, all this time, I was wondering: what is Windows good for? Now I know. It can keep a folder intact, version to version, version to version.
Too bad it can't keep the pink background all the way through.
not this again. Is the war on drugs over? Or the war in Afghanistan? Will there be a "war on piracy", the copyright kind? Should everybody stock up on pictures of Betty Boop (oh, wait, that one has expired, so it's legal, right?)
the Father of Linux, Linux Torvalds, and his wife Tove were among the beautiful people
From the blog:
Everybody seemed to take [us walking up to familiar looking people and asking them who they were] in good cheer. We interrupted David Spade chatting up Natalie Portman and Mila Kunis (that's what Tove says, I was oblivious - it's those famous geek social graces again. I told her I'm sure I'd have noticed Natalie Portman and that she can't possibly have been there, but whatever), and Tove pissed off Warren Beatty by asking his name not just once, but twice.
So. Who is this, Linux Torvalds anyway?
No, I mean, who is this Linux Torvalds anyway?
By the way, the comment above wasn't a troll. Stupid fucking moderators.
It was a direct insult, but insults are not 'trolling', you fucking nimrods.
"We implemented this new concept in a very simple way," explains Rainer Blatt. In a miniaturized ion trap a double-well potential was created, trapping the calcium ions. The two wells were separated by 54 micrometers. "By applying a voltage to the electrodes of the ion trap, we were able to match the oscillation frequencies of the ions," says Blatt.
- then the Austrian with a thick New Jersey accent added: we just used a small ruler with 2 micrometer dividers, badabim badaboom, you know what I am saying? A couple of tweezers to catch the calcium ions and a miniature excavator to dig the wells. It's easy, anybody and their mother can do it. In fact my mother did it the other way in the kitchen. It's still oscillating.
"This resulted in a coupling process and an energy exchange, which can be used to transmit quantum information." A direct coupling of two mechanical oscillations at the quantum level has never been demonstrated before. In addition, the scientists show that the coupling is amplified by using more ions in each well. "These additional ions function as antennas and increase the distance and speed of the transmission," says Rainer Blatt, who is excited about the new concept. This work constitutes a promising approach for building a fully functioning quantum computer.
- Then the madly excited Dr. Blatt aded: -If my calculations are correct, when this baby hits eighty-eight miles per hour... you're gonna see some serious shit.
"The new technology offers the possibility to distribute entanglement. At the same time, we are able to target each memory cell individually," explains Rainer Blatt. The new quantum computer could be based on a chip with many micro traps, where ions communicate with each other through electromagnetic coupling. This new approach represents an important step towards practical quantum technologies for information processing.
The reporter taking the notes looked up from the notebook:
This is uh... This is heavy duty, Doc. This is great. Uh, does it run, like, on regular unleaded gasoline?
Dr. Blatt: Unfortunately no, it requires something with a little more kick - plutonium.
Reporter: Are you telling me that this sucker is nuclear?
Dr. Blatt: No, no, no, no, no. This sucker's electrical. But I need a nuclear reaction to generate the 1.21 gigawatts of electricity I need.
Reporter: Doc, you don't just walk into a store and-and buy plutonium. Did you rip that off?
Dr. Blatt: Shhhhhh. Of course. From a group of Libyan nationalists. They wanted me to build them a bomb, so I took their plutonium and in turn, gave them a shiny bomb-casing full of used pinball machine parts! Come on! Let's get you a radiation suit. We must prepare to reload.
TV news anchor: ...the Senate is expected to vote on this today. In other news, officials at the Pacific nuclear research facility have denied the rumor that a case of missing plutonium was, in fact, stolen from their vault two weeks ago. A Libyan terrorist group had claimed responsibility for the alleged theft. However, officials now attribute the discrepancy to a simple clerical error. The FBI, which is still investigating the matter, had no comment. Twelve wooden crates filled with cocaine washed ashore near Boca Raton, Florida, yesterday.
Fuck you, you piece of shit. The energy company doesn't like my money? They can cut my mains. If they take my money for the service, they better fucking have enough capacity. As to fucking pieces of shit like you, go drown yourself.
Struck a nerve? I hate fuckers who get into my business, this includes all fuckers, private and government. Fuck you once again. What are you, a cop? Fucking pig. Also what the fuck do you know about Americans to make generalizations?
Fuck you. Twice.
Energy is just a normal good, as long as I pay for it it's my property - I buy it. If there isn't enough of it, then prices will go up and there will be more business opportunity to produce more energy and it will be filled with some business.
So again - fuck you.
Also - I am not an American, you asshole.
I wrote so much on this here, including the FDR era subsidized roads catastrophe, SS ponzi, lots of data on things like private vs gov't health insurance and care... I am just not in the mood to argue, I had a long night and day and a week and more, it's tiring and useless to argue on /. anyway. But you can read my journal links, those are to my comments that I like, there enough there for me to rewrite and plenty for you to understand you are arguing with the wrong guy on this subject.
They ended up killing a lot of people in the lands they 'discovered', but let's not pay attention to that.
However I say to this shuttle launch: good riddance. An old, massively inefficient and expensive piece of crap that serves no purpose to push any boundaries forward at all.
How about gov't stops with the wars and everything else they do and let people decide how to spend their own money? Is that too much to ask?
Clearly NASA's budget is insignificant compared to everything else, but AFAIC whatever NASA is getting in budget, that should be the ENTIRE budget of the federal gov't, and not a cent more.
Governments should mandate efficiency standards, not technology.
- really? I have this crazy idea - government should go fuck itself sideways with an excavator and leave the people to decide what they WANT to use and what they PREFER to use and what they can AFFORD to use without government.
During FDR times they already decided that cars must win against other types of transport, so they tore down thousands of miles of rail that US used to have that was private and profitable. They also taxed airlines to do that and they created this crazy subsidized system of roads that they use to hold separate States hostage with. Also this caused massive amounts of car pollution and suburban sprawl and all the related societal problems.
Now US gov't wants to build rail? It wants to dictate what light-bulbs people must use?
A bullet in between every single government officials eyes, that's what is needed, that's my opinion.
I have an idea!
How about I buy the cheapest ass incandescent bulbs I can find and everybody leaves me the fuck alone.
I'll leave it as an exercise for the reader to google up the reason why it works.
- I was trying to google up the reasons but now I am just exhausted from all the porn and I still don't know why it works :(
Sitting at a Starbucks:
-Computer, open my bank account.
-Which one?
-Bank of America
-That's a stupid bank account to have, they are broke
-Not as long as Bernanke keeps bailing them out.
-Fine. But your dollars are crap.
-Whatever. Open it.
-It wants your password.o!
-12345
-So the combination is... one, two, three, four, five? That's the stupidest combination I've ever heard in my life! The kind of thing an idiot would have on his luggage!
-Remind me to change the combination on my luggage. And what's the balance on the account?.
-15 bucks
-Yaho! I am gonna buy me a mouse and I'll make you shut up!
---
A day later:
-Computer, open my bank account
-Same stupid account as yesterday?
-Shut up and open it, and what's the balance?
-Negative 1000
-????!!!!
Hey, you need interesting? You got it. It's this story.
My server is not interesting. It's boring like a fuck.
If you think it's worth a lol, then do you think you can make a grand in prize money?
djbdns - if you want a secure one.
That's just one of the problems.
But 250 dollars? Multiply that by the number of stores. Also it's not USA where $250 is just a microsecond for the Fed to print and to give out in bailouts. People actually have to make profit to survive.
Horseshit. This is the same failure in logic that allowed the banks to screw the economy a couple years ago.
- there is no failure in logic. In fact it's very logical, you may want to pay attention to the video I have in my sig. That's from 2006, where a guy uses logic to explain why he is shorting housing market, why housing market is in a bubble and how he deduced his information from all the wrong incentives provided by the government.
Greenspan has admitted that his failure to really think this through was problematic.
- Greenspan provided some of those very incentives. He was only 'free market' in his speeches. In reality he was very much a Keynesian charlatan when dealing with a problematic situation that came up during his time there, when during an economic slowdown due to the Internet stock market bubble crash he dramatically dropped the short term interest rate to 1%, providing the very fuel (part of it, the other parts were FDIC, FHA, HUD, Freddie/Fannie) that inflated the housing bubble.
That's why governments shouldn't be able to print their own tickets to growth through inflation (money supply expansion) by printing federal reserve notes. Gov't doesn't know when to stop and dies on the food overdose taking down the kitchen by eating everything from it and leaving the hosts poor as well.
The issue is that in an unregulated environment, banks are not the decision makers, employees/officers are the decision makers.
- Governments have always colluded with business and they must never be allowed to do so. That's why there are such entities as LIMITED liability corporations, where people who are making the decisions are not going to be responsible in any way for those decisions should things go really bad because of them.
But that's just another reason to prevent any government created moral hazard - insurance for something. It's absolutely not a failure of logic at all that by removing some personal risk the government creates moral hazard - incentives to behave in otherwise (in absence of those insurance policies) responsible manner.
People NEED to know there IS risk in what they do. There IS personal responsibility.
Governments have removed that idea completely by saying: by law you bear no responsibility or very little responsibility (and it's hard to prove guilt in the first place, but this makes it impossible.)
So we get situations where bonuses are chased to the detriment of the bank, and the economy as a whole.
- yes, because nobody faces any risk, it's all removed by government guarantees.
And does it print Cyrillic in Linux?
But saying that this is a solution... when it's an existing retail chain that already owns its hardware?
Printing Cyrillic?
It's a retail chain. They already have everything working on Windows, they were thinking about moving to Linux. You don't buy a bunch of new everything only to switch to a different OS.