We have a winner! The answer is "Opportunity cost!" That's right, why invest in things society find useful when you can gamble outrageously, crash the economy, and get paid billions? We've created a system that encourages pathology and rewards sociopaths. Yay us.
Wow, yeah, sounds like those mines are costing everyone else a lot of money by polluting. Why should I subsidize someone else's mining operation? They should pay all the costs they incur, and pollution costs money.
What we should do is fine importers who damage the environment, in order to cover the costs. That will help out local industries that do the right thing and do not try to externalize their costs.
We have international courts and trade agreements. If they don't play fair, they can get slapped with tariffs or outright bans. And if they won't play ball at all, well, by our own rules we should not be trading with them.
Tell you what, I'll stay here where the clean air and water is, you can go live in China and breath filth all day long. Sound good?
I'm sick and tired of the wealthy telling us we should clean up their mess for them, that they won't play ball unless we subsidize them by paying the costs of pollution.
Could you back any of that up with some links or citations? Everyone likes to blame our environmental regulations, but I like clean air and a lack of pollution. I also think people should take personal responsibility for their actions and not expect others to clean up their mess. I hear a lot of people who want me to clean up their mess whine an awful lot about how unfair it all is, how China lets them do whatever they want, and how we should all be thankful for the opportunity to clean up their mess, but it all sounds like self serving bullshit to me.
It is also a matter of opportunity cost. If you have no morals, and can make 100% profit on some insane debt gambling, in six months, or you could make a reasonably hefty 20% profit on this, but in eight years, where would you invest your money?
Until we put a stop to Wall Street insanity, there will be no money to invest in actual useful projects like this.
Show me where you engaged in any rational thought and I'll play along. Until then , I'll just go with 'You are delusional.'
Sorry, nutcase, but wealth controls politics, not the other way around. I bet you didn't have ANY of these paranoid persecution fantasies under Bush, did you? No, you only started thinking that teh ebil gubmint was taking over when Obama got elected.
Still, I have to say, your frothing, insane anger makes me very happy. I love knowing that lunatics like you are suffering mental turmoil. Just don't let it get so bad that you think suicide bombing the IRS is a good idea, okay? Because then you'd be dead, and I couldn't laugh at you anymore.
Seeing as demand for rare earths far outstrips supply, I don't think your explanation holds water. Even given the unfair trade advantage China holds by not upholding environmental standards, a US supplier could make a huge profit. Also, given that this story comes from a rare earths company, if environmental issues were a factor, you would have heard their whining. Plenty of new mines have opened up in the US. Heck, we're stripping the tops off of most of the Appalachians as we speak. I sincerely doubt that any of this has to do with our entirely reasonable and responsible environmental laws.
Not likely, given the supply and the current and projected demand. But we should seriously start suing countries like China for unfair trade practices like destroying the environment. It's the same thing as subsidizing an industry. I like our environmental laws, people should not be allowed to dump the costs of their actions onto others, they should take personal responsibility.
Only it isn't cheap, these are some of the most expensive minerals on the planet. Given that demand outstrips supply right now, local owners could be making money off of this. And given that it takes eight years to get a plant going, wouldn't it be prudent to start now, rather than waiting for the Chinese to take all their balls and go home? Oh, but I guess I am asking the Free Market to actually think ahead instead of focusing on next quarter's immediate profits, silly me.
If these rare earths are so rare and valuable, and only going to become more so, why should the upfront cost matter? The plant should still make a huge profit, unless I am misunderstanding basic economics.
Seems people in America only want to invest in fraudulent get rich quick gambling schemes these days. Actual resource extraction and manufacturing is for the peons.
I'm sure they consider themselves upper middle class, but they aren't. The top fifth percentile of income earners make an average of $160,000 per year. Anyone making seven figures would be in the top half to one percent. That is solidly upper class.
Also, maybe I'm misinterpreting you, but 'large companies' can not be ruling class. They aren't people. Folks working in high level jobs in those companies might be, but the company itself is not.
Google would have to do exactly what the government tells them, too. It's called "following the law."
It makes sense morally. I'm sorry, but the argument "someone else will just do the evil that I refuse to do" is no good argument for doing evil. And the argument "If I do the evil, I'd do less evil than this other person" is, while slightly more valid, also an express ride down the slippery slope to pure evil.
Well, "RMS Eats Toejam," I have to say that was intended as... you know what? I'm sorry. I just can't respond seriously to someone who chose the name "RMS Eats Toejam," as a username, and who responds in a completely knee-jerk defensive manner to humorous posts about Microsoft and Google.
I'm guessing you are either a completely deluded fanboi, or a shill.
See people? If you read the article, you can offer cogent criticisms. If you don't you can offer irrelevant criticisms you will then have to spend the next several hours massaging and defending.
I think number 4 is the most cogent. The author claims his system can detect 0-day malware that was on the system before the scanner was installed. Maybe, if the malware tries to interfere. But if it doesn't, you have no signatures or checksums to fall back on, how could this system work?
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We have a winner! The answer is "Opportunity cost!" That's right, why invest in things society find useful when you can gamble outrageously, crash the economy, and get paid billions? We've created a system that encourages pathology and rewards sociopaths. Yay us.
Wow, yeah, sounds like those mines are costing everyone else a lot of money by polluting. Why should I subsidize someone else's mining operation? They should pay all the costs they incur, and pollution costs money.
What we should do is fine importers who damage the environment, in order to cover the costs. That will help out local industries that do the right thing and do not try to externalize their costs.
We have international courts and trade agreements. If they don't play fair, they can get slapped with tariffs or outright bans. And if they won't play ball at all, well, by our own rules we should not be trading with them.
Citations or STFU.
Tell you what, I'll stay here where the clean air and water is, you can go live in China and breath filth all day long. Sound good?
I'm sick and tired of the wealthy telling us we should clean up their mess for them, that they won't play ball unless we subsidize them by paying the costs of pollution.
Could you back any of that up with some links or citations? Everyone likes to blame our environmental regulations, but I like clean air and a lack of pollution. I also think people should take personal responsibility for their actions and not expect others to clean up their mess. I hear a lot of people who want me to clean up their mess whine an awful lot about how unfair it all is, how China lets them do whatever they want, and how we should all be thankful for the opportunity to clean up their mess, but it all sounds like self serving bullshit to me.
Hokey religions and ancient weapons are no match for a good resume.
It is also a matter of opportunity cost. If you have no morals, and can make 100% profit on some insane debt gambling, in six months, or you could make a reasonably hefty 20% profit on this, but in eight years, where would you invest your money?
Until we put a stop to Wall Street insanity, there will be no money to invest in actual useful projects like this.
Show me where you engaged in any rational thought and I'll play along. Until then , I'll just go with 'You are delusional.'
Sorry, nutcase, but wealth controls politics, not the other way around. I bet you didn't have ANY of these paranoid persecution fantasies under Bush, did you? No, you only started thinking that teh ebil gubmint was taking over when Obama got elected.
Still, I have to say, your frothing, insane anger makes me very happy. I love knowing that lunatics like you are suffering mental turmoil. Just don't let it get so bad that you think suicide bombing the IRS is a good idea, okay? Because then you'd be dead, and I couldn't laugh at you anymore.
Seeing as demand for rare earths far outstrips supply, I don't think your explanation holds water. Even given the unfair trade advantage China holds by not upholding environmental standards, a US supplier could make a huge profit. Also, given that this story comes from a rare earths company, if environmental issues were a factor, you would have heard their whining. Plenty of new mines have opened up in the US. Heck, we're stripping the tops off of most of the Appalachians as we speak. I sincerely doubt that any of this has to do with our entirely reasonable and responsible environmental laws.
Not likely, given the supply and the current and projected demand. But we should seriously start suing countries like China for unfair trade practices like destroying the environment. It's the same thing as subsidizing an industry. I like our environmental laws, people should not be allowed to dump the costs of their actions onto others, they should take personal responsibility.
Only it isn't cheap, these are some of the most expensive minerals on the planet. Given that demand outstrips supply right now, local owners could be making money off of this. And given that it takes eight years to get a plant going, wouldn't it be prudent to start now, rather than waiting for the Chinese to take all their balls and go home? Oh, but I guess I am asking the Free Market to actually think ahead instead of focusing on next quarter's immediate profits, silly me.
If these rare earths are so rare and valuable, and only going to become more so, why should the upfront cost matter? The plant should still make a huge profit, unless I am misunderstanding basic economics.
Seems people in America only want to invest in fraudulent get rich quick gambling schemes these days. Actual resource extraction and manufacturing is for the peons.
Nerds get excited whenever anyone takes their obsession seriously.
I'm sure they consider themselves upper middle class, but they aren't. The top fifth percentile of income earners make an average of $160,000 per year. Anyone making seven figures would be in the top half to one percent. That is solidly upper class.
Also, maybe I'm misinterpreting you, but 'large companies' can not be ruling class. They aren't people. Folks working in high level jobs in those companies might be, but the company itself is not.
"These are not the dorks you are looking for."
Ah, you mean stereotypes like Unix nerds eating toejam? I sit impressed.
You picked the handle, you live with the consequences, like people not taking you seriously.
I think the citizens of China get to play Sylvester the Cat. And Google is, um, the panther that escaped from the zoo?
Google would have to do exactly what the government tells them, too. It's called "following the law."
It makes sense morally. I'm sorry, but the argument "someone else will just do the evil that I refuse to do" is no good argument for doing evil. And the argument "If I do the evil, I'd do less evil than this other person" is, while slightly more valid, also an express ride down the slippery slope to pure evil.
Well, "RMS Eats Toejam," I have to say that was intended as... you know what? I'm sorry. I just can't respond seriously to someone who chose the name "RMS Eats Toejam," as a username, and who responds in a completely knee-jerk defensive manner to humorous posts about Microsoft and Google.
I'm guessing you are either a completely deluded fanboi, or a shill.
You think?!?!?
After all, Microsoft never signed a 'do no evil' clause.
Hahahahaha, oh wow, you are so delusional. Probably a birther, too, aren't you?
What? Better salaries in government jobs? You must be joking. You know, there are job sites that list average salaries.
I've got stalkers. :/
See people? If you read the article, you can offer cogent criticisms. If you don't you can offer irrelevant criticisms you will then have to spend the next several hours massaging and defending.
I think number 4 is the most cogent. The author claims his system can detect 0-day malware that was on the system before the scanner was installed. Maybe, if the malware tries to interfere. But if it doesn't, you have no signatures or checksums to fall back on, how could this system work?