The "high risk" comes from the fact that both are just estimates.
Estimates? Following Orwell's rules for plain English, that should be changed to "guesses". And since they insist on a big cut regardless of how good their "estimates" are, you can infer how much confidence they have in them.
"Taught" is such an ugly word, and implies that some of the more independent minded might think of objections or alternatives. I believe the correct word is "indoctrinated".
While I heartily agree with the rest of your comment, this the most eloquent part. I've reached the point where the lies are so blatantly obvious and self-serving that more refined rebuttal seems pointless. Been there done that.
It's a Potemkin country. I went up "there" once, and somebody obviously went through a lot of trouble to create a fake country. But for all the effort, they didn't do a very good job. They didn't even change the accents.
bacon-flavoured bacon bits, wrapped in bacon -- if that's a thing
Canada is a wonderful place, but one thing that Canadians do not know about is bacon. Hint: it's not ham. OTOH the British have great bacon (more meat than the American stuff). Go figure.
Sounds good to me if the US (and other governments) can freely disseminate the information, rather than just being allowed to access it but having it otherwise remain proprietary to PlanetIQ. The article isn't clear, but this is a crucial point. I've no problem w/ private industry providing a service that governments buy, but I do have a problem w/ such crucial information becoming strictly proprietary.
Actually not a new one, just one that was espoused in the early to mid 1920's on wall Street. This game isn't new. This time the "bad" guys got the laws changed ahead of time, so they were innocent of fraud.
You're right that this isn't a new game, but wrong about the particulars of the law. In the 1920's there were fewer laws regulating this, but laws and regulatory bodies were created as a result of the Great Depression (Glass-Steagall, SEC, etc.). And while many of the laws were revoked or weakened ahead of time (e.g. Glass-Steagall), many of them weren't. But who cares if there are laws when they're not enforced? That's much of what happened this time - massive financial crimes (under existing statutes) were not investigated or prosecuted. See anything written by William K. Black, who helped obtain over a thousand criminal convictions from the S&L crisis. As he points out, the recent financial implosion made the S&L crisis look like a joke, yet no one was prosecuted for fraud. Of course you can believe that this was a different situation and no serious fraud was committed. If so please email me, as I've got a bridge to sell you.
... You don't want to be stuck with a foreclosure...
'Securitisation chain' means the bank sold that debt to the capital market. The bank could give money to everybody and the 'share holders' would take all the risk.
... basic rules of capitalism changed by social policy-makers...
Yes, the movie 'Inside job' details how those changes allowed those banks to count money that didn't exist. Just like Enron did.
... "unbridled greed" that means they can stay in business...
No. making a profit means they can stay in business. Unbridled greed is not mentioned in the 'Causes of the wealth of nations', the definitive study of the free market.
I'm in the business of acquiring cars. Please arrive home late on Thursday night so I can shoot you and take your car. THAT is 'unbridled greed' and punishable under another law.
... Nobody sane runs a business to run it into the ground...
As the movie 'Inside job' reveals, Goldman-Sachs created loans they knew would go bad then insured those multiple times. That insurance scam is what ruined the AIG corporation.
Hear, hear! Quoting the parent because I lack mod points, and people should see it. The only "basic rule of capitalism" is to make money, and if fraud isn't prevented, then scams will prevail.
I'm already at 0, but he should be modded to -1. I know how to turn it up, but it's annoying because on an interesting topic I'll normally read at 0. Zero is for AC's, not trolls.
Sheesh, you wanna put even more people out of work? More cell bandwidth needed? Ok, more base stations, new and improved protocols, new frequency allocations, etc. etc., etc. As someone who once made a living working on cellular (phy layer) stuff, I say 12 year old Tiffany has both a Constitutional and a God given right to stream Justin Bieber videos while texting her buddy sitting right next to her. I'll even write the manifesto!
More seriously, a lot of what we take for granted started out as frivolous luxuries. I tell my daughter about days before cell phones, or PC's, and having seven channels of broadcast TV (and having to get up to change the channel!) and she's convinced I come from the age of dinosaurs. She's probably right. That was good, because I made a living changing it.
I would be fine with this except Visa and MasterCard are already acknowledged as a single Monopoly
And heaven forbid that the we regulate any monopoly or finance company in a meaningful way. Thanks to one of the most absurd SCOTUS decisions ever, they can charge interest rates that would embarrass Louie the Loanshark. Even worse may be the transaction fees, which even without the "special rates" for PayPal, etc. are something like 3%. Ask anybody with a small business that has to take CC's to stay in business, and see what they think of it. In organized crimes cases this is called skimming, but apparently it's ok if you're incorporated. In Australia the fees are regulated to 0.5%, and the credit card companies still do just fine down under.
Good point - I didn't realize the original Sandia EMP tests were done that long ago. However there was another set of tests done by the "EMP Commission" in 2001, by which time pretty much every car engine was electronically controlled. There were some criticisms and limited transparency of the tests, but overall the results were similar. If the car was turned off, nothing happened. If turned on some were affected, but all or most of those were fixed by disconnecting and reconnecting the battery. See here.
Giap has been on the record multiple times that his strategy was to wear out the Americans with one offensive after another. The next offensive was the Easter offensive in 1974.
Yes Giap did say that, but do you call another offensive six years later implementing "one offensive after another"? Entire wars have been concluded in less time than that "pause". The VC and the NVA were so devastated that they dared not launch another major offensive for six years.
I did err in attributing to Giap what I did. I must have had him confused with another NV (perhaps Le Duan). Nevertheless the gist of interval NV politics remains the same. The Tet offensive had been pushed by the militant faction, but it was such a military disaster for NV that they lost power. They were replaced by the moderates who emphasized guerrilla tactics and advocated negotiations.
You also seem to forget that LBJ himself concluded the war was lost when Walter Conkrite came out against the war during the Tet Offensive.
What LBJ said after the Cronkite broadcast was "if I have lost Walter Cronkite, I’ve lost Middle America". That is a political problem but hardly the same as having "concluded the war was lost". It also meant that the American people would have been more willing to accept whatever peace terms we could have gotten.
What you're overlooking is that the Tet offensive was a problem for both sides. For NV it was a clear military loss. In the US it meant most Americans no longer bought the official line that victory was near. As such it's entirely possible that both sides would have been more likely to come to a peace accord.
Slashdot Mirror
The "high risk" comes from the fact that both are just estimates.
Estimates? Following Orwell's rules for plain English, that should be changed to "guesses". And since they insist on a big cut regardless of how good their "estimates" are, you can infer how much confidence they have in them.
The point is that that's a mighty big "if".
"Taught" is such an ugly word, and implies that some of the more independent minded might think of objections or alternatives. I believe the correct word is "indoctrinated".
True, but 300 shells to get one duck is not a good ROI.
Problem is the MBA's will only allocate one plane for both trips.
Bull$"/? ... F % ( # Y O U
While I heartily agree with the rest of your comment, this the most eloquent part. I've reached the point where the lies are so blatantly obvious and self-serving that more refined rebuttal seems pointless. Been there done that.
It's a Potemkin country. I went up "there" once, and somebody obviously went through a lot of trouble to create a fake country. But for all the effort, they didn't do a very good job. They didn't even change the accents.
bacon-flavoured bacon bits, wrapped in bacon -- if that's a thing
Canada is a wonderful place, but one thing that Canadians do not know about is bacon. Hint: it's not ham. OTOH the British have great bacon (more meat than the American stuff). Go figure.
You mean how long before the US reinstates the 4th Amendment? Good question.
Because the USA's taxpayers are too stupid to actually demand drastic cuts in spending.
And weather prediction is the kind of obvious and useless pork we should cut back on, right?
Hear, hear! Mod parent up.
Sounds good to me if the US (and other governments) can freely disseminate the information, rather than just being allowed to access it but having it otherwise remain proprietary to PlanetIQ. The article isn't clear, but this is a crucial point. I've no problem w/ private industry providing a service that governments buy, but I do have a problem w/ such crucial information becoming strictly proprietary.
Actually not a new one, just one that was espoused in the early to mid 1920's on wall Street. This game isn't new. This time the "bad" guys got the laws changed ahead of time, so they were innocent of fraud.
You're right that this isn't a new game, but wrong about the particulars of the law. In the 1920's there were fewer laws regulating this, but laws and regulatory bodies were created as a result of the Great Depression (Glass-Steagall, SEC, etc.). And while many of the laws were revoked or weakened ahead of time (e.g. Glass-Steagall), many of them weren't. But who cares if there are laws when they're not enforced? That's much of what happened this time - massive financial crimes (under existing statutes) were not investigated or prosecuted. See anything written by William K. Black, who helped obtain over a thousand criminal convictions from the S&L crisis. As he points out, the recent financial implosion made the S&L crisis look like a joke, yet no one was prosecuted for fraud. Of course you can believe that this was a different situation and no serious fraud was committed. If so please email me, as I've got a bridge to sell you.
'Securitisation chain' means the bank sold that debt to the capital market. The bank could give money to everybody and the 'share holders' would take all the risk.
Yes, the movie 'Inside job' details how those changes allowed those banks to count money that didn't exist. Just like Enron did.
No. making a profit means they can stay in business. Unbridled greed is not mentioned in the 'Causes of the wealth of nations', the definitive study of the free market.
I'm in the business of acquiring cars. Please arrive home late on Thursday night so I can shoot you and take your car. THAT is 'unbridled greed' and punishable under another law.
As the movie 'Inside job' reveals, Goldman-Sachs created loans they knew would go bad then insured those multiple times. That insurance scam is what ruined the AIG corporation.
Hear, hear! Quoting the parent because I lack mod points, and people should see it. The only "basic rule of capitalism" is to make money, and if fraud isn't prevented, then scams will prevail.
I'm already at 0, but he should be modded to -1. I know how to turn it up, but it's annoying because on an interesting topic I'll normally read at 0. Zero is for AC's, not trolls.
Doesn't anybody have mod points to ditch this clown?
Sheesh, you wanna put even more people out of work? More cell bandwidth needed? Ok, more base stations, new and improved protocols, new frequency allocations, etc. etc., etc. As someone who once made a living working on cellular (phy layer) stuff, I say 12 year old Tiffany has both a Constitutional and a God given right to stream Justin Bieber videos while texting her buddy sitting right next to her. I'll even write the manifesto!
More seriously, a lot of what we take for granted started out as frivolous luxuries. I tell my daughter about days before cell phones, or PC's, and having seven channels of broadcast TV (and having to get up to change the channel!) and she's convinced I come from the age of dinosaurs. She's probably right. That was good, because I made a living changing it.
What country do you live in?
I would be fine with this except Visa and MasterCard are already acknowledged as a single Monopoly
And heaven forbid that the we regulate any monopoly or finance company in a meaningful way. Thanks to one of the most absurd SCOTUS decisions ever, they can charge interest rates that would embarrass Louie the Loanshark. Even worse may be the transaction fees, which even without the "special rates" for PayPal, etc. are something like 3%. Ask anybody with a small business that has to take CC's to stay in business, and see what they think of it. In organized crimes cases this is called skimming, but apparently it's ok if you're incorporated. In Australia the fees are regulated to 0.5%, and the credit card companies still do just fine down under.
Interest on credit cards is nothing new, but there used to be usury laws that helped one distinguish between MasterCard and Louie the Loanshark.
Speaking as an official old fart, I've known people of every generation who were irresponsible with credit.
Good point - I didn't realize the original Sandia EMP tests were done that long ago. However there was another set of tests done by the "EMP Commission" in 2001, by which time pretty much every car engine was electronically controlled. There were some criticisms and limited transparency of the tests, but overall the results were similar. If the car was turned off, nothing happened. If turned on some were affected, but all or most of those were fixed by disconnecting and reconnecting the battery. See here.
Giap has been on the record multiple times that his strategy was to wear out the Americans with one offensive after another. The next offensive was the Easter offensive in 1974.
Yes Giap did say that, but do you call another offensive six years later implementing "one offensive after another"? Entire wars have been concluded in less time than that "pause". The VC and the NVA were so devastated that they dared not launch another major offensive for six years.
I did err in attributing to Giap what I did. I must have had him confused with another NV (perhaps Le Duan). Nevertheless the gist of interval NV politics remains the same. The Tet offensive had been pushed by the militant faction, but it was such a military disaster for NV that they lost power. They were replaced by the moderates who emphasized guerrilla tactics and advocated negotiations.
You also seem to forget that LBJ himself concluded the war was lost when Walter Conkrite came out against the war during the Tet Offensive.
What LBJ said after the Cronkite broadcast was "if I have lost Walter Cronkite, I’ve lost Middle America". That is a political problem but hardly the same as having "concluded the war was lost". It also meant that the American people would have been more willing to accept whatever peace terms we could have gotten.
What you're overlooking is that the Tet offensive was a problem for both sides. For NV it was a clear military loss. In the US it meant most Americans no longer bought the official line that victory was near. As such it's entirely possible that both sides would have been more likely to come to a peace accord.
Um, you do know that Yellowstone became a park during the Grant administration, right?
Good point. Let's get rid of public parks.