Of you can't petition your representatives you don't have a democratic system.
And if I was the senator I'd certainly prefer random lunatic emails then Thompson making a personal visit to my office each and every day to complain about some damn video games.
There's nothing they can do if the price jumps dramatically overnight, due to China selling all it's US dollars on the forex markets, for example.
But yes the idea of margin is that they margin call until your assets cover the required percentage of the margin loan. But that's the broker covering his butt, if GS jump $3000 a share overnight the broker is not going to say "oh well, win some lose some", he's going to chase you for the debt.
Of course such a spike in price isn't exactly common or expected - the risk is rather low.
I still wouldn't be relying on my broker's good graces to limit my losses on a short though ( especially not if you believe your own conspiracy theories on GS, why wouldn't they crush you financially via not covering the margin quickly? I'm sure they have hooks in your broker...)
Do that and you don't have secret voting anymore. Sure a random person can't tell how another random person voted, but your union boss can see how you voted, or your boss, or your husband, or your pastor, etc.
They essentially own the US government. See how many people in positions of power are ex-GS.
It doesn't matter if the law isn't on their side, they are completely above the law anyway.
Of course, this particular web site seems to be a collection of paranoid rantings, which is strange given the amount of obvious dirt that exists on GS (last year's financial bailouts are a case in point, how much did GS make from them and who was running Treasury at the time again?)
Do you know what "short" means? It isn't the same as put options.
Say GS shares jump to $500 each tomorrow, guess how much cash he loses if he is forced to cover (by not being able to maintain margin requirements, for example). Say they jump to $5000? Say the US dollar goes all Zimbabwe overnight and they jump to $50000?
He can't lose any more money that the assets he owns, since he can file for bankruptcy, but that's the only limit. Unless he's hedged, say with some way out of the money call options, then he has a maximum loss level - but that's explicitly separate hedging and not due to some limit on losses from shorts.
Except in this case it wasn't "money" it was "buying power". Which isn't what you have in cash but what you have available with cash + margin.
So they for some reason decided to extend you margin at 500:1 or something, since I doubt your margin agreement changed to match and I'm also certain it says what the actual ratio is and that if you ever exceed it they can perform a "margin call" and force you to sell stocks until you are back within the required ratio.
So yippee you took that million dollars in credit and spent it on stocks. And shock horror they performed a margin call as per the contract you signed when you set up the account. Have fun with the interest charges too.
Seriously, if amex sends you a credit card with a $10k limit instead of a $1k limit by mistake you think you can cash out the $10k and not end up owing them money?
If they had added a million dollars to the cash position you might have a point, but they didn't. They extended a million dollars worth of credit and then decided to collect on it as per a signed contract.
You don't have to upgrade the damn software in order to replace failed hardware.
There isn't a hard drive on the planet that is warrantied let alone guaranteed to last 15 years. You can get lucky, but you can't build a system that will last 15 years with off the shelf (and therefore affordable) components.
I guess if you had to try you'd find the slowest RPM drive you could and cross your fingers.
A more standard system running whatever virtualisation system you prefer to run the ancient software seems the most practical solution, should be able to drop in a replacement machine/part if something goes wrong, and makes backup very simple (it's just a image file/directory/whatever).
A and B are the two locations and you can't see the what is in each, but you can see the balls move between them. Lets also say you know they are empty and there's a ball source with 5 balls you can see, the following happens:
But then it's not the exposing of identity that is the problem, it's the abuse of power and resources. It would be just as much an abuse if he then kept the knowledge to himself.
If I want to work out who is sending me anonymous emails I can look at the headers and notice they all come from an IP used by a local internet cafe and they seem to be sent at 10am each Saturday, nothing wrong with me going there at that time the next Saturday and seeing if there's anyone who's the likely sender. Nothing wrong with a policeman or a politician doing the same. As soon as the policeman or politician uses their additional powers (flashing a badge and asking to see the credit card receipts and user lists, etc) then we have a problem.
The problem is when it's entertainment in place of studying. For instance, I've seen students use laptops for entertainment during lectures, and that was four years ago at least!
I've seen students read books during lectures, sleep during lectures, play tic-tac-toe during lectures, write letters during lectures, SMS on their phones during lectures, flirt with each other during lectures, do work for unrelated classes during lectures, and so on.
Adding a laptop to the mix isn't going to change much.
I suspect (though don't know since I'm out of the university scene...) that given the prices I used to pay for textbooks and that they always seemed to go up and that netbooks are always going down in price that a netbook doesn't cost much more than 1 few textbooks.
Getting rid of computer labs seems a bit silly, removing 3/4 of the machines and instead providing space for working on a student owned laptop seems reasonable.
So because he got bored with climatology after working heavily in it in the 70s mean you just dismiss him as "out of his field". Seems strange, especially since cross-discipline stuff is Dyson's strength, and he was working on on carbon dioxide being pumped into the atmosphere and its effects on climate before most people had ever heard of the concept.
He just happens to think that we can genetically engineer trees and plant large numbers of them to suck up carbon dioxide from the atmosphere once it actually becomes a problem, instead of condemning the bulk of humanity to a pre-industrialization standard of living.
Slashdot Mirror
Yeah, that's true his from Florida. I feel cleaner already.
As dirty as that feels.
Of you can't petition your representatives you don't have a democratic system.
And if I was the senator I'd certainly prefer random lunatic emails then Thompson making a personal visit to my office each and every day to complain about some damn video games.
"The US is in an incredible amount of debt and it has to be paid off some how."
Bernanke will just print it, have no fear.
No shit sherlock, that's why people try to organize a boycott rather than taking them to court.
There's nothing they can do if the price jumps dramatically overnight, due to China selling all it's US dollars on the forex markets, for example.
But yes the idea of margin is that they margin call until your assets cover the required percentage of the margin loan. But that's the broker covering his butt, if GS jump $3000 a share overnight the broker is not going to say "oh well, win some lose some", he's going to chase you for the debt.
Of course such a spike in price isn't exactly common or expected - the risk is rather low.
I still wouldn't be relying on my broker's good graces to limit my losses on a short though ( especially not if you believe your own conspiracy theories on GS, why wouldn't they crush you financially via not covering the margin quickly? I'm sure they have hooks in your broker...)
Do that and you don't have secret voting anymore. Sure a random person can't tell how another random person voted, but your union boss can see how you voted, or your boss, or your husband, or your pastor, etc.
They essentially own the US government. See how many people in positions of power are ex-GS.
It doesn't matter if the law isn't on their side, they are completely above the law anyway.
Of course, this particular web site seems to be a collection of paranoid rantings, which is strange given the amount of obvious dirt that exists on GS (last year's financial bailouts are a case in point, how much did GS make from them and who was running Treasury at the time again?)
Do you know what "short" means? It isn't the same as put options.
Say GS shares jump to $500 each tomorrow, guess how much cash he loses if he is forced to cover (by not being able to maintain margin requirements, for example). Say they jump to $5000? Say the US dollar goes all Zimbabwe overnight and they jump to $50000?
He can't lose any more money that the assets he owns, since he can file for bankruptcy, but that's the only limit. Unless he's hedged, say with some way out of the money call options, then he has a maximum loss level - but that's explicitly separate hedging and not due to some limit on losses from shorts.
Or are "school boards and city official" elections, to damn complicated for Americans to write an X in a few boxes?
"panic sales" is called a margin call, and completely standard...
Except in this case it wasn't "money" it was "buying power". Which isn't what you have in cash but what you have available with cash + margin.
So they for some reason decided to extend you margin at 500:1 or something, since I doubt your margin agreement changed to match and I'm also certain it says what the actual ratio is and that if you ever exceed it they can perform a "margin call" and force you to sell stocks until you are back within the required ratio.
So yippee you took that million dollars in credit and spent it on stocks. And shock horror they performed a margin call as per the contract you signed when you set up the account. Have fun with the interest charges too.
Seriously, if amex sends you a credit card with a $10k limit instead of a $1k limit by mistake you think you can cash out the $10k and not end up owing them money?
If they had added a million dollars to the cash position you might have a point, but they didn't. They extended a million dollars worth of credit and then decided to collect on it as per a signed contract.
You don't have to upgrade the damn software in order to replace failed hardware.
There isn't a hard drive on the planet that is warrantied let alone guaranteed to last 15 years. You can get lucky, but you can't build a system that will last 15 years with off the shelf (and therefore affordable) components.
I guess if you had to try you'd find the slowest RPM drive you could and cross your fingers.
A more standard system running whatever virtualisation system you prefer to run the ancient software seems the most practical solution, should be able to drop in a replacement machine/part if something goes wrong, and makes backup very simple (it's just a image file/directory/whatever).
The article is from 4/1 but anyway.
How can you do that without counting?
A and B are the two locations and you can't see the what is in each, but you can see the balls move between them. Lets also say you know they are empty and there's a ball source with 5 balls you can see, the following happens:
S->A
S->B
S->A
S->A
S->B
A->B
A->B
B->A
A->B
B->A
B->A
How do I know which of A and B has more balls if I can't count?
There's a pretty big difference between the time a child spends in the car and the time they spend in their room.
If the engine isn't firing they are in an orbit.
If there was nothing more important, why would it be in the first amendment, instead of in, say, the original constitution itself?
But then it's not the exposing of identity that is the problem, it's the abuse of power and resources. It would be just as much an abuse if he then kept the knowledge to himself.
If I want to work out who is sending me anonymous emails I can look at the headers and notice they all come from an IP used by a local internet cafe and they seem to be sent at 10am each Saturday, nothing wrong with me going there at that time the next Saturday and seeing if there's anyone who's the likely sender. Nothing wrong with a policeman or a politician doing the same. As soon as the policeman or politician uses their additional powers (flashing a badge and asking to see the credit card receipts and user lists, etc) then we have a problem.
I've seen students read books during lectures, sleep during lectures, play tic-tac-toe during lectures, write letters during lectures, SMS on their phones during lectures, flirt with each other during lectures, do work for unrelated classes during lectures, and so on.
Adding a laptop to the mix isn't going to change much.
I suspect (though don't know since I'm out of the university scene...) that given the prices I used to pay for textbooks and that they always seemed to go up and that netbooks are always going down in price that a netbook doesn't cost much more than 1 few textbooks.
Getting rid of computer labs seems a bit silly, removing 3/4 of the machines and instead providing space for working on a student owned laptop seems reasonable.
So because he got bored with climatology after working heavily in it in the 70s mean you just dismiss him as "out of his field". Seems strange, especially since cross-discipline stuff is Dyson's strength, and he was working on on carbon dioxide being pumped into the atmosphere and its effects on climate before most people had ever heard of the concept.
He just happens to think that we can genetically engineer trees and plant large numbers of them to suck up carbon dioxide from the atmosphere once it actually becomes a problem, instead of condemning the bulk of humanity to a pre-industrialization standard of living.
That may not be the wisest move in the super flare scenario in which the powergrid is being destroyed by induced currents.
Your head might get a little warm...
We have heard of it before now. It was episode two of "Perfect Disaster" back in 06 for example: http://www.imdb.com/title/tt0817543/episodes
Of course the next maxima happens to be 2012 which is already an "end of the world" year for a bunch of morons.
Of course we didn't all die in 2003.
So when driving to work your fuel economy sucks because you have second engine that probably doubles the weight of the car that you don't use.
And when you are at the race track you lose all your races because you have a second engine you aren't using adding weight to slow you down.
It would be. That's how the first stimulus package was done, sending a bunch of people some cash - a smaller amount obviously.
Sending every american a check for 1,000,000 freshly printed dollars would be too.
All it does is create inflation of course, but inflation is GDP growth apparently.
Amazing, you didn't learn about something from General Relativity in a quantum physics class!
Next you'll be claiming you didn't learn German in your Spanish class, or didn't hear about lambda calculus in your groups and field class.