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User: ravenscar

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  1. Foreclose on our country? When you are referring to 'bad paper' I assume you are talking about government bonds. Those bonds are backed by the full faith and credit of the United States. There's no collateral. There's nothing on which to foreclose. If the U.S. doesn't pay it's debt on time it will hurt our credit and make future borrowing much more expensive (if not impossible), but there really is no recourse that involves seizure of property for the holders of the debt.

    You also mention boardrooms - something that makes me thing you mean private paper. Certainly China holds a lot of private debt issued by US companies as well. I suppose they could 'call' that debt, but they could only do so subject to the provisions of the bond contracts. The same goes for other debt or insurance they own with call provisions. Then, even if you grant those provisions are met, many companies would find their assets fairly well protected by bankruptcy.

    So, China could make life much more difficult for our government and our companies if it chose to do so, but it couldn't just tweak its financial holdings and then hop in and take everything over.

  2. Put one in a bar... on The Wall That Knows If You're a Criminal · · Score: 3, Insightful

    If you put one of these in a bar and charged $.50 per face scan you'd make a fortune. At this point, this is probably all that this is good for anyhow.

  3. Freedom works both ways on Orson Scott Card's Superman Story Shelved After Homophobia Controversy · · Score: 5, Insightful

    He's free to say what he wants. I'm free to choose to boycott his work. His publisher is free to choose not to publish his work. His illustrator is free not to work with him. I'm sick and tired of people acting like free speech means speech without consequences. It doesn't. The government can't throw you in jail or treat you differently because of what you say (some exceptions to that rule of course), but everyone else is free to react as they see fit (within standard legal boundaries).

    Now, one could argue that publishers have some sort of moral obligation to publish things regardless of controversy, but that's a different argument entirely.

  4. Re:Noisy annoying environment on Why Working Remotely Needs To Make a Comeback · · Score: 1

    Honestly, I agree that there shouldn't be a tax break for having kids. Still, I think it's simpleminded to look at kids as an expense everyone is forced to bear. Assuming you're in a first world country, who do you think is going to be subsidizing your healthcare, your income, your assisted living, etc. once you retire and stop contributing to the workforce? Who is going to be paying the taxes that support your roads, your police, your fire fighters, and the rest of your infrastructure? It's going to be the kids of today. My guess is they'll spend a hell of a lot more supporting you than you ever spent on them.

  5. Butane on CES: Tiny Fuel Cell is Supposed to Charge a Cell Phone for Two Weeks (Video) · · Score: 4, Informative

    To answer the question of "Why aren't fuel cells, not internal combustion engines, the "range extenders" in plug-in hybrid cars?" posed in the TFS...

    In this case, the fuel cell is powered by butane. Butane is not readily available, in pure form, in large, easily transferable quantities all over the world. Gasoline, however, is. I understand that butane itself isn't rare, but the ability to get a fair quantity of it safely into my vehicle in a few minutes is.

  6. Re:So on Pope To Resign Citing Advanced Age · · Score: 5, Interesting

    Seriously? So what? I'm pretty sure that a change in the religious leadership for over 1 billion people spread across the entire globe fits in the "stuff that matters" category. The guidance of the pope strongly influences the way that a very large number of people think about important topics such as family planning, the role of government, charity, women's issues, the relationship between religions, and more.

    I'm an atheist from 'Murica and even I understand the potential significance of such a change. I mean, it probably isn't as important as DRM on video games or complaining about Apple, but it merits a spot in the list.

  7. Locking out future big spenders? on Xbox 720 Could Require Always-On Connection, Lock Out Used Games · · Score: 1

    When I was a kid my family didn't have much money. At 12 years old I got a paper route and started earning my own cash. After fixing up my bike and purchasing clothes for school I could spend my money on whatever I wanted. I eventually saved up and purchased a console. I manged two games (at around $49 each) and then decided that the cost was bigger than the benefit. I lived with those two games for around a year an a half. I got by borrowing games from friends and I eventually found a pawn shop that sold used games for $5-$10 per cartridge. Suddenly, games were affordable again. I started stocking up on games and built a love for gaming.

    Today I can afford new games. I can afford new consoles and peripherals and subscription fees. I can't say that I pay the prices happily, but I do pay them. In the end, the gaming industry extracts quite a bit of money from me every year. That's money they wouldn't have if they hadn't instilled a love of gaming at a young age.

    Today I have kids that love gaming. I want them to develop an appreciation for the things they have so, with the exception of Christmas and birthdays, they have to purchase their own games. They thrive on borrowing games, trading games, and used games. I have no doubt that they will be first in line for new games once they can afford them. In the absence of used games I'd probably buy them new games (but a lesser number than what they get in total today). Still, in today's slow global economy, I have to believe that there are a large number of parents who just don't have this luxury. Parents might be able to make a special Christmas gift of a console for the whole family, but they surely can't regularly spring for a $60 game.

  8. Re:Great! on HR Departments Tell Equifax Your Entire Salary History · · Score: 3, Informative

    Exactly. At many schools football makes all of the other sports possible. Soccer, volleyball, softball, baseball, swimming, etc. are all financial burdens. The losses from these sports are often 'balanced' by the gains of the football program. If you think it's bad that a given major University might lose a few million a year overall on their athletic program imagine what they would lose without football.

  9. This is a Greenberg suit - not AIG on AIG Contemplates Joining Stockholder Suit Against US Gov't · · Score: 2

    The suit has been filed by AIG shareholders - led by Hank Greenberg (former head and majority shareholder of AIG). He is approaching the AIG board and asking them to join the suit. The board sees the need to listen to his arguments because he is a majority shareholder and has a large number of other shareholders on his side. In short, the board is merely doing its duty and listening to the shareholders who have appointed them.

    AIG, at this point, has not joined the lawsuit. At this point, your anger should be directed at the group led by Greenberg. You may also want to note that this is not the first suit that Greenberg has filed regarding this issue. Another similar suit (I believe targeted at the New York branch of the Fed) was recently thrown out. AIG was not party to that suit.

  10. Let me be the first to patent... on New Sony Patent Blocks Second-hand Games · · Score: 1

    Little, laser-writable stickers that fit over the contactless patch on said games so that your console thinks the game is being played for the first time every time you put on a new sticker.

  11. Re:Like BMW's startac phone integration? on The Coming Wave of In-Dash Auto System Obsolescence · · Score: 1

    Have you looked into a DICE integration? I had it on my 2004 330 and my 1999 328. It worked great, took about 30 min to install (no wire cutting, etc) and cost around $100. No, I don't work for the company...

  12. Re:How about a new console already? on The Wii Mini Is Real, Arrives December 7 — In Canada · · Score: 1

    Have you heard of the Wii U?

  13. Meandering Moon Mech Must Map Mysterious Moon Maw on Roaming Robot May Explore Mysterious Moon Caverns · · Score: 3, Interesting

    Might as well take the alliteration in the title all the way.

  14. Re:trust of the community???? on Shake-up at Apple: Forstall Out; iOS Executive Fired For Maps Debacle? · · Score: 1

    "I tried very hard not to laugh at them."

    They probably got that response whenever they mentioned the fact that they were film majors.

  15. Amazon One Click Anyone? on Amazon Founder Jeff Bezos Calls For Governments To End Patent Wars · · Score: 1

    Bezos? Seriously? It seems his company's patents helped take the patent war to its current extremes. I hate the patent war, but I smile a little when I think that it could come 'round to bite Amazon in the ass.

  16. Re:Will that there engine fit in my '79 Firebird? on Successful Engine Test in UK For Planned 1000 mph Car · · Score: 1

    I think we're arguing on different topics and that, as a whole, we don't necessarily disagree. I stated that Jesus never commanded his people to help via government programs. I also stated that people who invest themselves in helping people directly are far more impactful than people who simply pay taxes.

    I don't see an objection to either of my points. Instead, you seem to imply that someone paying taxes is far more effective than someone giving money to charity. The example you give here is alms to the poor. That's really reaching for the worst possible example of charity. After all, it was a practice that more or less transformed into a mechanism whereby the ruling class could keep the poor completely destitute - promoted by the church and handily adopted by the government (though the two weren't altogether separate at the time).

    I think that there are far more effective charitable endeavors. Evidently, so does the US Gverment who provides funding for a vast number of charities because it believes they are better prepared to address problems at the local level.

    All that aside, this point isn't really germane as I'm talking about helping people directly - not necessarily via a charity. Quite a bit apart from what you think I'm saying, I don't think that helping people directly has to be exclusive of paying taxes. I simply believe that those who help directly (help - not hurt as was part of the alms program) can have a greater impact. Don't get me wrong, I see what you are saying - the government allows resources of a great many to be combined; creating substantial impact in a broad area. I don't think it manifests itself the same way at the individual level. There is a family here that has taken in numerous teens that would have otherwise been homeless (in spite of government programs designed to help them). They have raised them as their own and seen most of them off to healthy adult lives. I'd gather that these people have had far more impact on their community than those of their neighbors who simply pay their taxes in full each year. Imagine if the whole world was full of people like this...

    It isn't, thus the need for government intervention, but hopefully you now see where I'm coming from when I refer to the impact that an individual can make by directly helping their neighbors.

  17. Re:Will that there engine fit in my '79 Firebird? on Successful Engine Test in UK For Planned 1000 mph Car · · Score: 1, Insightful

    No - the incorrect assumption is that you can't help people without doing so via the government. I'm not a Christian, but I've spent a significant amount of time studying the teachings the Bible purports to be his (in a collegiate setting). I don't recall Jesus or his disciples ever telling their followers to petition their government to enact laws to help people. They told their followers to help people directly.

    Most Christians don't follow that teaching either, but those who do are far more impactful than any of us who simply pay taxes and figure we've done our part.

  18. Re:Really? on Pakistan's PM Demands International Blasphemy Laws From UN · · Score: 5, Insightful

    People like you amuse me. When someone criticizes a non-Christian religion you respond with "Well, the Bible is bad too..."

    Why do you feel that everyone that criticizes a non-Judeo-Chrisitian religion must be a Judeo-Christian? Couldn't it be possible, for example, that a person who rejects Islam because of it's seemingly violent nature rejects Judeo-Christianity for the same reason?

  19. Re:So many problems... on Motorola's First Intel-Based Handset Launches In UK · · Score: 4, Informative

    According to TFA you can still install Chrome from the Play store (which is what most Android users do since Chrome is not installed by default on most Android devices). The one thing Chrome users with the Intel chip will lack is hardware accelerated page rendering.

    I'm not sold on this chip, but I do like to see competition in the mobile CPU segment.

  20. Re:Find your Representative on House Approves Extending the Warrantless Wiretapping Act · · Score: 1

    First congressional district of Washingoton here. I currently have no representation in Congress as our spot is vacant. I wish there was a better way to fill the gaps between elections when a Congressperson resigns.

  21. Re:Fox news on House Approves Extending the Warrantless Wiretapping Act · · Score: 1

    Ah...that's it. Then I wonder why the Dems didn't do something about this during the first 2 years of the Obama administration. Oh, and Obama was going to do something about the PATRIOT Act as well. Did that ever happen? I guess you can call signing an extension of three key provisions of the act in 2011 doing something.

    I prefer Obama's platform this year because he's pro-choice, supports gay marriage, and actually realizes that we have to increase revenue (along with cutting unnecessary spending) to get our national debt under control.

    Still, when it comes to advancing the police state, it seems he's no better than the alternative.

  22. Re:Why go thin? on Apple Announces iPhone 5 · · Score: 1

    I'm not against the case phenomenon. I understand that people want to personalize their phone. There are lots of iPhones out there and a number of people want theirs to look different and thus, install a case. I'm completely fine with that. I just feel that the phone shouldn't require a case to hold up to daily use.

  23. Re:Compared to 128x768 on the new BlackBerry on Apple Announces iPhone 5 · · Score: 1

    Screen resolution isn't going to fix BlackBerry. You could give it the highest resolution ever and it would still suck. I say this as a user who uses Android ICS, iOS, and BlackBerry devices every day. Granted, BB 10 might introduce some really cool stuff that allows it to compete with the iPhone 5, but higher resolution isn't it.

  24. Re:Why go thin? on Apple Announces iPhone 5 · · Score: 1

    This. I would prefer products built tough enough to not require a case (perhaps just a thin film on front and back). I don't own an iPhone, but I'll admit they are beautiful. It seems a waste that almost every one of them I see (outside the store) is in some ugly rubber case. My wife tried to live with a 'naked' iPhone. After two broken screens she put on one of those awful cases. So sad. A product like a phone should stand up to normal, daily use.

  25. Re:LTE on 19 Million Americans Cannot Get Broadband Access · · Score: 1

    The US has 9.8 million square kilometers to cover. I believe that equates to a little less area than 100 Icelands.

    The cost/benefit of covering all that area with broadband covereage just doesn't hold up - unless you feel broadband is a right and think cost shouldn't come into play. The US obviously doesn't feel that way (for better or worse).

    I'm not trying to argue any particular point of view - I'm just pointing out the massive scale of building out infrastructure for a country the size of the US. Yes, the country undertook some pretty massive infrastructure projects in the past, but that was when labor was cheap and people's lives had little value.