I just find it mind boggling that one of the hardest degrees to get, the one that requires preliminary examinations, thesis, dissertation, oral defense, oral examination, all at the whims of crotchety old faculty members, meanwhile contributing something new and unknown to the collective knowledge of society also gets paid about the same as a MS and less than a Doctor when they get out. Im not saying med/pharma school is easy, but once you are out you get to ride the gravy train. I know my fair share of doctors/pharmacists that have no business as one (i.e. they did it for the money not because they liked the work) that make in excess of 120,000 a year. Faculty in my department make somewhere around 80,000.00 and are leaps and bounds more brilliant than 80-90 percent of medical doctors. Then again, I guess they have tenure.
What happened was that a massive number of people had shorts and stop-losses set up at a certain level. It got triggered and every automated system on Wallstreet sold. These levels are set by people one way or another so technically the "Flash crash" was their fault.
Funny to meet another Forex trader here. I noticed the same thing that day, but I think that this article is referring to the "recession" as a whole not the big downward spike that shut the market down that one day unless I am misreading what you are writing. I remember one asshole on Bloomberg responding to everyone with "What does it even matter!?!? It doesn't if a computer glitch can bring the market to its knees!!" trying to support some-or-other lost financial profession and bad-talk computer trading. The dude that said it was an anchor for a segment there, not sure about anymore.
They should have just let those banks in question go into bankruptcy and put the bail out money into someone else's hands.
Absolutely, positively, yes. Its one of the biggest jokes of all time. The same assholes that were trumpeting the "free market" ideology whenever legislation came up that cut into any facet of their business model should have to choke on it rather than receive tax-payer bailouts. They should have let them totally, completely fail and forced them to liquidate any remaining assets to whoever was left afloat. Now, I would not be opposed to loaning them money at the same interest rates they loaned to us with, but they essentially got free money to get themselves out of their own mess even if they had/have to pay most of it back.
You pretty much have to open your own brokerage or bank and have tens of millions to get started. The more powerful firms, however, have better infrastructure for information and transaction flow so they will always dominate the lower ones.
http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States#Role_of_education
Check out the difference in pay between a doctorate degree and a "professional" degree. Professional degrees include MBA's, which are incredibly easy to get, so it supports your hypothesis. Professional degree also includes medical doctors, etc., but this suggests we value lawyers, MBA's and medical doctors over people who are actually more educated and expanding the knowledge and abilities of these people.
You would need to pay teachers more money for an extended period of time. It would drive competition up for their positions over time and thus you would get better quality teachers. You can't just run an isolated experiment in a giant cesspool of an education system for a year or two and expect some kind of drastic results.
HAHA. Everyone is equal, or is that not the fundamental tone of the Declaration of Independent and the Constitution as well as innumerable works of philosophy that are basically the foundation of our society? As far as "everyone is special" blame Sunday school teachers.
Plato complained about the youth of the day, also. "What is happening to our young
people? They disrespect their elders, they disobey their parents. They
ignore the law. They riot in the streets inflamed with wild notions.
Their morals are decaying. What is to become of them?"
"The children now love luxury; they have bad manners, contempt for
authority; they show disrespect for elders and love chatter in place
of exercise. Children are now tyrants, not the servants of their
households. They no longer rise when elders enter the room. They
contradict their parents, chatter before company, gobble up dainties
at the table, cross their legs, and tyrannize their teachers." Attributed to SOCRATES by Plato,
I would think your arguments would be more suited towards Republicans. They are the ones always seeming to want to milk the system for their college frat buddies and they seem to be the most nepotist of all politicians. There are many many forms of Libertarianism, but in general Libertarians at least want to open up new markets to fair competition for all people rather than having everything controlled so that there is absolutely no way you can compete with existing corporations due to IP law, monopolies, etc.
Disagree. Gold is worth nothing other than what worth people arbitrarily assign to it. Beyond an industrial product, gold is worth nothing to me. I would only use it because other idiots want to have it. We can just as easily use "credits" and say "this dollar represents a debt owed to me by someone at some point that I can now exchange for a good or service". Generally, I define the dollar as worth some amount of my time/labor which I may exchange essentially for someone elses time/labor.
Capitalism would be fair if it were actual capitalism. What exists in the world today is closer to oligarchy and/or plutocracy. It has always been this way throughout history with maybe two exceptions I am aware of (and there are probably many I am not). Post WWII people had high paying jobs and lots of buying power per family and this spawned good education, national prosperity and interest in politics. To this day my grandparents are more politically minded than my parents and myself. The other era would be the Hippy era when people just didn't give a shit about the ruling class and tried to make a change through peaceful protest.
That's because your generation is continually slashing school budgets and paying teachers less while bitching about entitlements like social security and medicare. You reap what you sow.
This is unrelated, but Sales reps also by nature of their trade are better equipped for salary negotiations and making themselves appear valuable to the company.
All the more reason to give everyone else a handicap.
Unfortunately people get paid disproportionately more for emotional IQ that for actual IQ, and weasel their way through their life while taking credit for the actual IQ peoples work.
As far as I can tell, the theory relies on lowering the energy of a hydrogen atom's electron orbit to make some weird "low energy hydrogen" called Hydrino. It releases excess energy in the form of UV light and as a byproduct it makes the Hydrino, which apparently has bordeline "miracle" properties as an element for use in plastics and other industrial products. The weird thing is that some guy named Randell L. Mills presumably from the United States is claiming he has "revolutionized" physics and made some new grand unified theory. He is marketing these reactors under Blacklight Power. I am not sure what these Italian scientists have in common with this other dude. It seems sort of crack-pottish to me but we will see. They claim all sorts of crazy things like self-regeneration of their power source. So called "Free-energy" reactors means its probably an elaborate hoax.
I would also suggest factoring in the storage and distribution of the product, etc into this argument because cost functions always play a role in optimization of resource production (in this case a source energy capable of being used anywhere on Earth and at many scales, i.e. motorcycle to an airplane to a power plant). Not saying your argument is unsound, but its not complete either.
Every company, academic, etc. is seeking to "market" themselves through clever wording and stretches of the truth. Most people/corporations (if they are smart) will not outright lie because you cannot back out of it. They leave themselves some room to backtrack and explain it away or to buy themselves some time to fix the issue. Its your responsibility to cut through the bullshit, which it appears to be you are trying to do. I do not know enough about what you are talking about to comment further.
Its worse than that. Cap and trade is an attempt at creating a new market that should not even exist in the first place. It will make a select few rich and will create an industry of speculators that serve no purpose but to milk the system of any spare excess or efficiency a person could "MAYBE" claim it has. The same thing happens in financial markets, particularly derivatives. Basically, a tax meant to pay for future damage and recovery expense is sufficient but not so effective (as evident by Social Security in the US). I tend to think things will work themselves out in the end, it just sucks to live too short a life to see it happen.
Why is everyone so worried about carbon emissions? There are plenty of other industrial byproducts to worry about that have more damaging affects to the environment and to each an every animal, plant and microbe.
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I just find it mind boggling that one of the hardest degrees to get, the one that requires preliminary examinations, thesis, dissertation, oral defense, oral examination, all at the whims of crotchety old faculty members, meanwhile contributing something new and unknown to the collective knowledge of society also gets paid about the same as a MS and less than a Doctor when they get out. Im not saying med/pharma school is easy, but once you are out you get to ride the gravy train. I know my fair share of doctors/pharmacists that have no business as one (i.e. they did it for the money not because they liked the work) that make in excess of 120,000 a year. Faculty in my department make somewhere around 80,000.00 and are leaps and bounds more brilliant than 80-90 percent of medical doctors. Then again, I guess they have tenure.
What happened was that a massive number of people had shorts and stop-losses set up at a certain level. It got triggered and every automated system on Wallstreet sold. These levels are set by people one way or another so technically the "Flash crash" was their fault.
Funny to meet another Forex trader here. I noticed the same thing that day, but I think that this article is referring to the "recession" as a whole not the big downward spike that shut the market down that one day unless I am misreading what you are writing. I remember one asshole on Bloomberg responding to everyone with "What does it even matter!?!? It doesn't if a computer glitch can bring the market to its knees!!" trying to support some-or-other lost financial profession and bad-talk computer trading. The dude that said it was an anchor for a segment there, not sure about anymore.
Malice is peace.
They should have just let those banks in question go into bankruptcy and put the bail out money into someone else's hands.
Absolutely, positively, yes. Its one of the biggest jokes of all time. The same assholes that were trumpeting the "free market" ideology whenever legislation came up that cut into any facet of their business model should have to choke on it rather than receive tax-payer bailouts. They should have let them totally, completely fail and forced them to liquidate any remaining assets to whoever was left afloat. Now, I would not be opposed to loaning them money at the same interest rates they loaned to us with, but they essentially got free money to get themselves out of their own mess even if they had/have to pay most of it back.
A little since they will have more people disagreeing on how to handle it. A single corporation is a dictatorship, our government is an oligarchy.
You pretty much have to open your own brokerage or bank and have tens of millions to get started. The more powerful firms, however, have better infrastructure for information and transaction flow so they will always dominate the lower ones.
http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States#Role_of_education Check out the difference in pay between a doctorate degree and a "professional" degree. Professional degrees include MBA's, which are incredibly easy to get, so it supports your hypothesis. Professional degree also includes medical doctors, etc., but this suggests we value lawyers, MBA's and medical doctors over people who are actually more educated and expanding the knowledge and abilities of these people.
You would need to pay teachers more money for an extended period of time. It would drive competition up for their positions over time and thus you would get better quality teachers. You can't just run an isolated experiment in a giant cesspool of an education system for a year or two and expect some kind of drastic results.
HAHA. Everyone is equal, or is that not the fundamental tone of the Declaration of Independent and the Constitution as well as innumerable works of philosophy that are basically the foundation of our society? As far as "everyone is special" blame Sunday school teachers.
Plato complained about the youth of the day, also. "What is happening to our young people? They disrespect their elders, they disobey their parents. They ignore the law. They riot in the streets inflamed with wild notions. Their morals are decaying. What is to become of them?"
"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers." Attributed to SOCRATES by Plato,
I would think your arguments would be more suited towards Republicans. They are the ones always seeming to want to milk the system for their college frat buddies and they seem to be the most nepotist of all politicians. There are many many forms of Libertarianism, but in general Libertarians at least want to open up new markets to fair competition for all people rather than having everything controlled so that there is absolutely no way you can compete with existing corporations due to IP law, monopolies, etc.
Disagree. Gold is worth nothing other than what worth people arbitrarily assign to it. Beyond an industrial product, gold is worth nothing to me. I would only use it because other idiots want to have it. We can just as easily use "credits" and say "this dollar represents a debt owed to me by someone at some point that I can now exchange for a good or service". Generally, I define the dollar as worth some amount of my time/labor which I may exchange essentially for someone elses time/labor.
Capitalism would be fair if it were actual capitalism. What exists in the world today is closer to oligarchy and/or plutocracy. It has always been this way throughout history with maybe two exceptions I am aware of (and there are probably many I am not). Post WWII people had high paying jobs and lots of buying power per family and this spawned good education, national prosperity and interest in politics. To this day my grandparents are more politically minded than my parents and myself. The other era would be the Hippy era when people just didn't give a shit about the ruling class and tried to make a change through peaceful protest.
Obviously you were never a science major.
That's because your generation is continually slashing school budgets and paying teachers less while bitching about entitlements like social security and medicare. You reap what you sow.
This is unrelated, but Sales reps also by nature of their trade are better equipped for salary negotiations and making themselves appear valuable to the company.
All the more reason to give everyone else a handicap.
Unfortunately people get paid disproportionately more for emotional IQ that for actual IQ, and weasel their way through their life while taking credit for the actual IQ peoples work.
Excuses excuses.
As far as I can tell, the theory relies on lowering the energy of a hydrogen atom's electron orbit to make some weird "low energy hydrogen" called Hydrino. It releases excess energy in the form of UV light and as a byproduct it makes the Hydrino, which apparently has bordeline "miracle" properties as an element for use in plastics and other industrial products. The weird thing is that some guy named Randell L. Mills presumably from the United States is claiming he has "revolutionized" physics and made some new grand unified theory. He is marketing these reactors under Blacklight Power. I am not sure what these Italian scientists have in common with this other dude. It seems sort of crack-pottish to me but we will see. They claim all sorts of crazy things like self-regeneration of their power source. So called "Free-energy" reactors means its probably an elaborate hoax.
Thanks for the read. That was at least informative. I wonder about the credentials a bit however.
I would also suggest factoring in the storage and distribution of the product, etc into this argument because cost functions always play a role in optimization of resource production (in this case a source energy capable of being used anywhere on Earth and at many scales, i.e. motorcycle to an airplane to a power plant). Not saying your argument is unsound, but its not complete either.
Every company, academic, etc. is seeking to "market" themselves through clever wording and stretches of the truth. Most people/corporations (if they are smart) will not outright lie because you cannot back out of it. They leave themselves some room to backtrack and explain it away or to buy themselves some time to fix the issue. Its your responsibility to cut through the bullshit, which it appears to be you are trying to do. I do not know enough about what you are talking about to comment further.
Its worse than that. Cap and trade is an attempt at creating a new market that should not even exist in the first place. It will make a select few rich and will create an industry of speculators that serve no purpose but to milk the system of any spare excess or efficiency a person could "MAYBE" claim it has. The same thing happens in financial markets, particularly derivatives. Basically, a tax meant to pay for future damage and recovery expense is sufficient but not so effective (as evident by Social Security in the US). I tend to think things will work themselves out in the end, it just sucks to live too short a life to see it happen.
Why is everyone so worried about carbon emissions? There are plenty of other industrial byproducts to worry about that have more damaging affects to the environment and to each an every animal, plant and microbe.