Here we have a bunch of jerks whining about the 6-figure salaries they earn. I wish I were earning what these guys earn. If they have a problem they can go find a job elsewhere. Or do what everyone else has to do, rise through the ranks of the company and get promoted to the point where you're earning the kind of salary you want to see.
Have you tried reading the article? It can do wonders.
In a perfect world the programmers could just quit and start their own trading firm. The reality is that there is an unreasonbly high barrier to entry which is more about keeping new players out then about the true cost of entry.
The reality is, they're starting their own firm. RTFA
Can you write high-frequency trading algorithms? Do you actually have any idea, what these guys are doing, and what level of knowledge it takes? (I help a bit: math/physics/CS Phd)
These programs have no idea as to when to buy, sell or hold. All they do is retrieve data and analyze it into reports. It's up to the trader to know what to do with it.
There are no traders. The programs are doing the trading. These aren't called "high-frequency reporting programs" for a reason.
Actually, the solution is to prohibit the ISP owning the subscriber loop. (It should be owned by the subscriber. And he/she shoud pay for building it.)
But very few have been so smugly two-faced and hypocritical about it, claiming their acts are done "in the name of safety and freedom" "to help free the local populace from horrible dictators", etc.
The USSR did the same.... and they actually fought right-wing dictators put in power by US. (See South-America) And of course fought other kind of wars too (Afghanistan). Hey, did you know that the main supporter of the Vietcong was USSR and not China? (People in Hungary (that's where I live; but I'm sure it happened in other socialist countries as well (yes, the system implemented by the communist parties was officially called socialism)) had so called vietnamese shifts, to support the Vietcong.)
"The Dutch know how to handle maritime emergencies. In the event of an oil spill, The Netherlands government, which owns its own ships and high-tech skimmers, gives an oil company 12 hours to demonstrate it has the spill in hand. If the company shows signs of unpreparedness, the government dispatches its own ships at the oil company's expense. "If there's a country that's experienced with building dikes and managing water, it's the Netherlands," says Geert Visser, the Dutch consul general in Houston."
But Obama screwed it up too, with not waiving the Jones act, and by giving in for unions: (but that of course doesn't imply that government has to screw it up, does it? Just look at Netherlands.)
"The Americans, overwhelmed by the catastrophic consequences of the BP spill, finally relented and took the Dutch up on their offer -- but only partly. Because the U.S. didn't want Dutch ships working the Gulf, the U.S. airlifted the Dutch equipment to the Gulf and then retrofitted it to U.S. vessels. And rather than have experienced Dutch crews immediately operate the oil-skimming equipment, to appease labour unions the U.S. postponed the clean-up operation to allow U.S. crews to be trained."
I'm not an Ayn Rand fan, but here the government made big mistakes as well:
"In sharp contrast to Dutch preparedness before the fact and the Dutch instinct to dive into action once an emergency becomes apparent, witness the American reaction to the Dutch offer of help. The U.S. government responded with "Thanks but no thanks," remarked Visser, despite BP's desire to bring in the Dutch equipment and despite the no-lose nature of the Dutch offer --the Dutch government offered the use of its equipment at no charge. Even after the U.S. refused, the Dutch kept their vessels on standby, hoping the Americans would come round. By May 5, the U.S. had not come round. To the contrary, the U.S. had also turned down offers of help from 12 other governments, most of them with superior expertise and equipment --unlike the U.S., Europe has robust fleets of Oil Spill Response Vessels that sail circles around their make-shift U.S. counterparts. " Read more: http://www.financialpost.com/Avertible+catastrophe/3203808/story.html#ixzz0uXqOLNzS
"Crucial offers to help clean up BP’s oil spill came “from Belgian, Dutch, and Norwegian firms that . . . possess some of the world’s most advanced oil skimming ships.” But the Obama administration didn’t accept their help, because doing so would require it to do something past presidents have routinely done: waive rules imposed by the Jones Act, a law backed by unions."
Shovelware comes from ET for Atari 2600. The cartridges were manufactured in high number because Atari thought that the movie tie-in would translate to high sales, however the game was very poor so it sold poorly. They actually buried millions of cartridges in a landfill in Mexico. It's said to trigger the video game crisis of 1983.
Slashdot Mirror
Oil is subsidized where there's a lot of it, like arab countries.
By comparison, in USSR almost no one believed it.
I come from a country that was ruled by the democratically elected Hungarian Socialist Party for 12 years after the fall of the Berlin Wall.
$150k isnt enough for you? Then quit and start your own damn company.
RTFA
That's exactly what they're doing.
Here we have a bunch of jerks whining about the 6-figure salaries they earn. I wish I were earning what these guys earn. If they have a problem they can go find a job elsewhere. Or do what everyone else has to do, rise through the ranks of the company and get promoted to the point where you're earning the kind of salary you want to see.
Have you tried reading the article? It can do wonders.
In a perfect world the programmers could just quit and start their own trading firm. The reality is that there is an unreasonbly high barrier to entry which is more about keeping new players out then about the true cost of entry.
The reality is, they're starting their own firm. RTFA
Can you write high-frequency trading algorithms? Do you actually have any idea, what these guys are doing, and what level of knowledge it takes? (I help a bit: math/physics/CS Phd)
Yeah, I guess they just hire some illegal immigrant Mexican math Phds and paying them in food.
These programs have no idea as to when to buy, sell or hold. All they do is retrieve data and analyze it into reports. It's up to the trader to know what to do with it.
There are no traders. The programs are doing the trading. These aren't called "high-frequency reporting programs" for a reason.
It should be noted however that most TV sets have a 200% magnification option for Teletext for a reason.
Actually, the solution is to prohibit the ISP owning the subscriber loop. (It should be owned by the subscriber. And he/she shoud pay for building it.)
And guess what laser is? It's EM.
and read the books.
But very few have been so smugly two-faced and hypocritical about it, claiming their acts are done "in the name of safety and freedom" "to help free the local populace from horrible dictators", etc.
The USSR did the same .... and they actually fought right-wing dictators put in power by US. (See South-America) And of course fought other kind of wars too (Afghanistan). Hey, did you know that the main supporter of the Vietcong was USSR and not China? (People in Hungary (that's where I live; but I'm sure it happened in other socialist countries as well (yes, the system implemented by the communist parties was officially called socialism)) had so called vietnamese shifts, to support the Vietcong.)
There's no paradox. The universe doesn't suddenly go wonky, and cats mate with dogs, etc.
Believe me, I really wanted to mod you up until this point, but there's an assumption here that needs to debunked.
Has everyone completely lost their value of history in this 'throwaway' culture?
Other people are making lamphades from vintage sheet music.
"The Dutch know how to handle maritime emergencies. In the event of an oil spill, The Netherlands government, which owns its own ships and high-tech skimmers, gives an oil company 12 hours to demonstrate it has the spill in hand. If the company shows signs of unpreparedness, the government dispatches its own ships at the oil company's expense. "If there's a country that's experienced with building dikes and managing water, it's the Netherlands," says Geert Visser, the Dutch consul general in Houston."
Read more: http://www.financialpost.com/Avertible+catastrophe/3203808/story.html#ixzz0uXrz3l5t
But Obama screwed it up too, with not waiving the Jones act, and by giving in for unions: (but that of course doesn't imply that government has to screw it up, does it? Just look at Netherlands.)
"The Americans, overwhelmed by the catastrophic consequences of the BP spill, finally relented and took the Dutch up on their offer -- but only partly. Because the U.S. didn't want Dutch ships working the Gulf, the U.S. airlifted the Dutch equipment to the Gulf and then retrofitted it to U.S. vessels. And rather than have experienced Dutch crews immediately operate the oil-skimming equipment, to appease labour unions the U.S. postponed the clean-up operation to allow U.S. crews to be trained."
I'm not an Ayn Rand fan, but here the government made big mistakes as well:
"In sharp contrast to Dutch preparedness before the fact and the Dutch instinct to dive into action once an emergency becomes apparent, witness the American reaction to the Dutch offer of help. The U.S. government responded with "Thanks but no thanks," remarked Visser, despite BP's desire to bring in the Dutch equipment and despite the no-lose nature of the Dutch offer --the Dutch government offered the use of its equipment at no charge. Even after the U.S. refused, the Dutch kept their vessels on standby, hoping the Americans would come round. By May 5, the U.S. had not come round. To the contrary, the U.S. had also turned down offers of help from 12 other governments, most of them with superior expertise and equipment --unlike the U.S., Europe has robust fleets of Oil Spill Response Vessels that sail circles around their make-shift U.S. counterparts.
"
Read more: http://www.financialpost.com/Avertible+catastrophe/3203808/story.html#ixzz0uXqOLNzS
"Crucial offers to help clean up BP’s oil spill came “from Belgian, Dutch, and Norwegian firms that . . . possess some of the world’s most advanced oil skimming ships.” But the Obama administration didn’t accept their help, because doing so would require it to do something past presidents have routinely done: waive rules imposed by the Jones Act, a law backed by unions."
http://www.examiner.com/x-7812-DC-SCOTUS-Examiner~y2010m6d14-Obama-blocked-cleanup-of-BP-oil-spill-by-Americas-allies-Failed-to-issue-needed-Jones-Act-waiver
Can you point out how are people here opressed? They bid with premaid designs, retain the right if they lose. How does the average Joe lose here?
Wooosh!
He doesn't want to know that.
"The value was determined by the need for the work vs who can do said work."
Only in a perfect market. (ie perfect information)
"The denominator is changing." ...
Or buyers get better information
Shovelware comes from ET for Atari 2600. The cartridges were manufactured in high number because Atari thought that the movie tie-in would translate to high sales, however the game was very poor so it sold poorly. They actually buried millions of cartridges in a landfill in Mexico. It's said to trigger the video game crisis of 1983.
As the saying goes: "Computer games are a kind of computer virus that infects the users.".
I see the new headline: "The war on pollution."
You and I are not customers to Facebook. We're the product.
Want a bite of Soylent Green?
Can't we have both?