It can be done anywhere in the universe. My guess is in the future when we master an electron moving in a carrier wave entangled to another electron we will have instant communication.
One new law. You may not ask to see anyones TRW unless you are providing at least 2000.00 in credit. no other purpose is permited. You may not ask for a resume unless the salary is over 65k a year. and oyu employment application can only ask 5 questions including name address last place employed social security number
And if it pays under 30k a year all you cans ask is address, social security and name..
This is pretty much how I was hired 40 years ago.
Right while employers all got robbed by hiring conman and criminals and lazy slackers. Not people you want to work for you and could cost you your business if you are mom and pop shop or restaurant.
I need stability for me. I am planning to leave the contract field and go in another path even if it pays less. I can't do this forever and have student loans. I have gaps in employment between contracts too that makes HR nervous even though it says contract on my resume.
Funny how I must complete the length of the contract but they can weasel out at any time! This leaves me turning down work and then being unemployed again while I wait for another contract even if I am recommended! WTF.
After 3 times of this I realized I am going to have to go bankrupt and get payday loans just to pay my student loans and bills etc.
I've been beaten down at work for so many years I just wish every night that I don't wake up in the morning.
I used to think the same thing every Sunday night. Then I was blessed with the YOU'RE FIRED spiel and handed my last paycheck. Got what I wanted right? I lost everything, got divorced, and moved in with my parents over the next couple of years.
So perhaps be cautious with using phrases like this if you believe in karma or a higher power. That job with 4 hours of sitting in traffic a day was a DREAM after seeing how low I could get.
Or update your resume or change careers? You must still love your job enough where you would rather do nothing in the weekends rather than go back to school, apply on Monster, or send your CV to other employers in your area? Otherwise you would get off your behind and do something. You are free and this is America.
H.R. would flip if they got someone with a resume with "liberal arts" and conservatives in forums bash all students for being so stupid as to not major in accounting, engineering, HR, etc.
HR would then look for gaps in employment and experience. Steve Jobs mailroom at 7.25 take it or leave it!
It is not management folks who is filtering these people out. It is all the HR weenies robots who know nothing about the job requirements. Only word by word verbatim match by resume to file on its Taleo program.
They are machines who scan and look with in 5 seconds in a keep or throw awhile pile etc. Steve Jobs would not be hired unless he had some experience. After Atari they would not give a shit but he would not be a manger. Remember good old Stevie boy does not have creative manager/genious on his resume. Just programmer. So pay him exactly the same etc.
It varies by location and experience. HR really hates gaps on your resume and they do not care if there is a recession or not. I am making just $13/hr in Florida (I am not the other poster by the way, but share his frustration)because I am at least in the field. I am now getting calls starting to show after I had some references.
If you are not willing to work for less than he is not worth 60k a year. If he were he would be hired. So work for $25k a year for a little bit and then quit 1 year later and make 35k for 2 years then eventually move back up etc. Or change career paths. I do not do programming and just do I.T. support and lan admin work. I am studying to become a teacher because it sadly pays more and I am tired of contracting with no permanent work or benefits.
I think without US involvement they could easily over-run South Korea.
They have one of the largest armies in the world and can shell Seoul at a rate of a thousand rockets an hour! After that their army can march through and within a week own the whole country.
The card for them is China. Of course we wont just sit and watch it happen and neither would the Japanese! China has 1 billion soldiers that can go into Korea in a moments notice. The US is so reliant on China as our society would collapse and Walmart would go out of business within 24 hours if they entered such a war. China would have to make a choice. To say ha ha uncle sam we got you by the balls surrender or face a depression and financial ruin! Or not get involved to lose money with the US and watch millions die with a long war as the US puts hundreds of thousands of boots on the ground for a horribly nasty and destructive war and have one less alley left in the region?
China is not going to war over some backward country with their largest trading partner
Why not?
We will surrender in a heartbeat if enough lobbiests scream! We are owned by lobbiests from Walmart, Apple, and others and do not care about our own country. China knows this and feels threatened by the United States. If they stopped exporting goods today the US would collapse tomorrow as we would have no products. China has the cards now which is part of their plan by making us so reliant on them.
Part of me wants to see this happen so shit would change. However a 1930s style depression would start as no employers would survive. Even things made in the US rely on rare earth metals and vendors who make stuff in China to save money.
I do not mean this is as a troll, but I am very serious. Our government is so damn corrupt with corporate lobbiests that any politician would drop their principles and even surrender if it meant more money and CEOs could keep their money and jobs.
Stravation strengthens Kim's image and creates anger at the US and SK for causing it as the aggressors.
From the viewpoint of a NK you have a God like leader who loves you and all wants what is good for everyone. However, this evil horrible santanical man is the one stomping it next to an equally evil 900 pound gorrila who interferers with other countries affairs and is now causing horrible starvation, death, and excersizes to scare your leader who loves you into submission!
Who are these evil people and why can't they leave you alone so you can get food!!
FYI North Koreans have no access to the outside world. Both TVs and radios are glued into one frequency with 24 hour government propaganda. They have no internet so they believe that extreme viewpoint I just gave because everyone they ever known does. It is taught in school, radio, TV, work, and your mandatory military service. The USSR at least got smuggled movies and rock and roll music so they knew their governmetn was full of shit. The Kim's have it locked down very good.
Starvation is pretty effective as a result to earn more support. If the USSR won and invaded Mexico and Canada and isolated the US where we did not have food would you think more highly of the USSR and be mad at your government? Or the opposite.?
8 million in reserves too with tons of weapons and a zealotry of liberating their homeland from the emperial agressors with a united Korea will be difficult if not impossible to default without at least 250k of American troops to balance out.
Also the NK airforce can shell Soul at 1,000 rockets an hour an flatten the city right before a 2 million man march into it. South Korea would fall very quickly as 35,000 US troops and 100k South Korean troops would be overwhelmed FAST!
The north may not have high tech fighter jets but they do have large men with soldiers who are brainwashed and eager to fight for nationalist interests.
XP needs a good reformat every 6 months to a year. Or you could be like the rest of the users and have no problem waiting 5 minutes for your computer to startup everyday.
I really do not understand the obsession of those that want to keep using that old POS OS? To me it damages the Windows brandname even if 7 does not turn into a slug with corporate crapware after awhile. Everything else is instant on and off.
Lets also not forget that WP8 Apps and W8 Apps aren't the "same" - unlike iOS and Android, they are separate SDK frameworks. So, you have to do twice the work to hit the "Windows 8" platform. What a great use of resources, for a platform no one wants.
That irritated me too! I was told they are very similiar though and a breeze to port. However, I do not want to blow $200 for Win8 and vmware to develop it as MS refuses to support Windows 7. Sorry, I wont change my host OS to that turd and I am not a developer professionally so I will stick with my free Android tools instead.
The IPAD is the B&W of tablets and sets the standards. Problem is at $700 for a toy most Americans are struggling to pay their bills and break even every month so this is not an option. Android is taking over the cheaper more cost effective tablets.
It was not hte lack of a start button, but rather a tablet that was more expensive at $1200 for the full version with a SSD not 90% full on arrival with no GPS or even G3/G4 data. I mean come on! So it is essentially useless for the traveler at the airport or in a long car trip who needs voice navigation or weather reports. No data, no location, but $300 more and no apps.
Not to mention there are no apps. I assumed at this point last year there would be tons of Metro applets as Microsoft owns such a large marketshare of desktops that every app developer would be porting apps. But at 50k forget it! The IPAD in 2009 had more apps from their iphones.
MS needs to make it lower cost as the cheap Acer Android tablets are castrated laptops without these features. If you want an expensive system you need to have everything and yes that includes a start menu button on the Pro series for desktop users who have mice/keyboards.
Youtube for listening to music while I work is painful. It can't buffer at all and I have a FIOS connection. I had to reformat my computer and installing Office over the internet and patching the 3 gigs of data for SWTOR was capped at 300k even if I have a fiber connection.
I rebooted my router a few times and ran ipconfig/flushdns but to no avail.
However, none of my activity uses European servers or DNS so I highly doubt this is related at all. Google did say it was absorbing some of the traffic because they are nice guys and do not want to see European internet shutdown and this *might* explain youtube buffering issues.
So I am skeptical unless European traffic is being rerouted to North American servers which are chocking the routers but I do not think the pipes over the atlantic could handle that.
I'm not arguing the cost/benefit ratio isn't dropping at a worrying rate, you are spot on in what you're saying. I got my degree in 05, so again, a different job market than now for my anecdotes.
I'm just arguing the hyperbole in GP's post. According to CNN, the average starting salary for a new grad is ~$45k - a far cry from the $12/hour he's claiming. As I said, we absolutely need to keep an eye on education costs and keeping our debt under control, but calling the current situation indentured servitude is ridiculous.
Citation?
I know no one making that even with years of experience who have recently graduated. Most would feel rich at 40k. I see a totally different world than you and I am curious if I am hyperboling or not? Perhaps medical students make that fresh out of school or some certain areas like Nursing but certainly not what I have seen recently.
Teachers can make up to 35k fresh out of school and have the best starting salary but long term is not a winning strategy to get rich. Employers here do not care at all about the fancy CS degree unless you have a nice portfolio but perhaps that is isolated and not the new norm I keep seeing?
Have the SWAT team bust down their door and hall their asses to jail. Seriously, this is rediculous. Hacking into someone elses servers is a sevre crime the last time I looked and there is ample evidence from OpenDNS who does not even have to file charges.
Otherwise you are showing the Russian Mobfia and others they are not accountable to their actions and can do whatever the hell they want. I wish more arrests would be made. Shutting down and arresting cyberpunk officers would be a great start. After all they got KimDotCom and he didn't do damage. I have noticed youtube is barely working with syncing issues and I am on fios which is no doubt related as Google admits they trying to absorb the punch so the internet doesn't get knocked out
In Florida the cost is $20,000 a year with a 5% increase every year for in state residents! I admit that price does include room and board. So lets do the math and tell me you can afford to wait tables and pull that in and then get $12/hr = $24,000 a year to pay it back when you graduate? I know this because I had a grant to get a 2nd college degree. Also that cost increase goes up 5% a year!
Once a state needs to cut its budget the first thing goes is the college system. Virginia is insulated due to all the money from the DC area. My state in Florida got hit very hard in the recession. California is a similiar story.
Times my friend have changed. In the 1990s you could also make $19/hr at UPS being a package handler and delivery driver. Today that same job pays $9/hr. Why? Because there are more people than jobs today. In essence working for free for 10 years is the new norm unless economic conditions radically improve. Many employers still wont hire anyone unless they have years of experience matching word by word from the job description for an entry level job.
In the 90s they would train you if you had a good non related job and a degree. Rent in the 1990s was affordable today it eats up the other half after student loans.
So I disagree as it is indentured servitude right to the very core but hey you might make it out if can get a foot in the door somehow.
I am not complaining at all. Doing what I can as I played smart but still am broke but at least have an option to recover.
My classmates working at BestBuy with 3.4 GPAs on the otherhand missed out and now no employer will touch them. FYI my interest is 7% and I would be flipping burgers without it. That my friend is not entitlement
Completing school with crushing debt and no job prospects is not "the new norm" - that's either being woefully unlucky or simply doing it wrong. I'm not trying to say student debt isn't burdensome - but I honestly know nobody in the situation you describe. They all have reasonable jobs (40k, 50k, or more), live on their own, and can afford their payments and lifestyle. Those I know with the highest debt had made the conscious decision to borrow more for time abroad knowing they'd be paying it back down the road (none regret this decision).
Education cost is definitely something we need to keep an eye on, and student loan burden is definitely growing - but to equate going to college with indentured servitude is simply wrong.
What year did you and your buddies graduate? If was 1999 you could major in Art History and take just 2 programming courses and immediately have employers banging down on your door throwing $45,000 a year at you! Your student loan debts at a public university would probably be $350 a month with 2% interest. If you couldn't find a good job then you sucked or plainly something else was wrong.
I graduated in 2009. Out of all the classmates I keep in touch with only 2 found white collar jobs. The rest took blue collar and retail jobs or are sitll semi employed. I was lucky to do my 2 years at a community college so I only have $40,000 which is considered low. My ex got a masters in teaching and owes $130,000 and $1600 a month for her teaching job..... one of the reasons for our divorce.
The BestBuy in my area is filled with graduates desperate to find any job they can get. All the I.T. jobs where I am at only pay $12 - $16/hr and require MCSE, 4 year degree, and 3 years solid experience. The wage is set correctly in the managers eyes as there are always lines of desperate CS graduates willing to take them with many oweing $80,000 or more. This is the normal price of college in 2013. You sir are in a bubble if you talk to anyone under 30?
The very definition of indentured servitude and the beginning of slavery started in America where if you couldn't afford the fare to move to the colonies you signed a 7 year contract to work for free and after 7 years the fare is paid and you are a free man. It was debt contract. Yes, student loans are a form of indentured sevatude as they are by the very definition the same thing.
If you do not want to work 70 hours a week for free after your bills at 2 McCrappy jobs YOU MUST go to school. So the school raises the cost and the job creators decide they prefer H1b1 visas or require more experience leaving the debtor on the hook.
I am not complaining at all as I am doing all I can and busting my butt but I get paid less than what I made 8 years ago and am one of the few Americans at my clients site. Those are also lost jobs. So in my opinion it is that bad and debt does equal indentured servitude which is a step above slavery which is the other option if all your money just goes to exist and you still starve.
The difference is that Mike can violate the agreement at will, and only be liable for money damages. His "shareholders" have no legal right to physically confine him - they only have a civil remedy in contract law. It is impossible to legally turn yourself into a slave (or other non-person) because a person always has the right to breach a contract.
Spoken as someone who has not graduated recently with student loans. Many with $12hr jobs after graduating are expected to pay $1200 a month or more! They live with their parents and work for free for 10 years. Explain why thats not indentured servitude?
FYI I am not talking isolated cases but the norm in todaus dollars. I am lucky and only pay $600 a month because I went to a community college to cut down costs.
You give up your time and are paid based on the value you provide. The more you give up of yourself the more you have.
If it is approved before you provide then its debt. The investor gets more of you in time exchanged from someone called money. Investors dont care about your personal lives. Only cash.
The latest AMD CPUs are just as fast as icore5's for single tasking and can multitask for 50% of the cost. My phenomII is older, but has virtualization instructions and a hexcore architecture than can run VMWare Workstation smoothly where an icore5 would be all choppy and struggle.
The ATI cards are very competitive and slashdot should mention the ATI 7790 which is only $150 and very competitive value wise for those who do not want to blow $700 for a new powersupply + 2 card slot mega card.
Slashdot Mirror
It can be done anywhere in the universe. My guess is in the future when we master an electron moving in a carrier wave entangled to another electron we will have instant communication.
One new law. You may not ask to see anyones TRW unless you are providing at least 2000.00 in credit. no other purpose is permited. You may not ask for a resume unless the salary is over 65k a year. and oyu employment application can only ask 5 questions including name address last place employed social security number
And if it pays under 30k a year all you cans ask is address, social security and name..
This is pretty much how I was hired 40 years ago.
Right while employers all got robbed by hiring conman and criminals and lazy slackers. Not people you want to work for you and could cost you your business if you are mom and pop shop or restaurant.
I need stability for me. I am planning to leave the contract field and go in another path even if it pays less. I can't do this forever and have student loans. I have gaps in employment between contracts too that makes HR nervous even though it says contract on my resume.
Funny how I must complete the length of the contract but they can weasel out at any time! This leaves me turning down work and then being unemployed again while I wait for another contract even if I am recommended! WTF.
After 3 times of this I realized I am going to have to go bankrupt and get payday loans just to pay my student loans and bills etc.
I've been beaten down at work for so many years I just wish every night that I don't wake up in the morning.
I used to think the same thing every Sunday night. Then I was blessed with the YOU'RE FIRED spiel and handed my last paycheck. Got what I wanted right? I lost everything, got divorced, and moved in with my parents over the next couple of years.
So perhaps be cautious with using phrases like this if you believe in karma or a higher power. That job with 4 hours of sitting in traffic a day was a DREAM after seeing how low I could get.
Or update your resume or change careers? You must still love your job enough where you would rather do nothing in the weekends rather than go back to school, apply on Monster, or send your CV to other employers in your area? Otherwise you would get off your behind and do something. You are free and this is America.
H.R. would flip if they got someone with a resume with "liberal arts" and conservatives in forums bash all students for being so stupid as to not major in accounting, engineering, HR, etc.
HR would then look for gaps in employment and experience. Steve Jobs mailroom at 7.25 take it or leave it!
It is not management folks who is filtering these people out. It is all the HR weenies robots who know nothing about the job requirements. Only word by word verbatim match by resume to file on its Taleo program.
They are machines who scan and look with in 5 seconds in a keep or throw awhile pile etc. Steve Jobs would not be hired unless he had some experience. After Atari they would not give a shit but he would not be a manger. Remember good old Stevie boy does not have creative manager/genious on his resume. Just programmer. So pay him exactly the same etc.
I wouldn't bother.
It varies by location and experience. HR really hates gaps on your resume and they do not care if there is a recession or not. I am making just $13/hr in Florida (I am not the other poster by the way, but share his frustration)because I am at least in the field. I am now getting calls starting to show after I had some references.
If you are not willing to work for less than he is not worth 60k a year. If he were he would be hired. So work for $25k a year for a little bit and then quit 1 year later and make 35k for 2 years then eventually move back up etc. Or change career paths. I do not do programming and just do I.T. support and lan admin work. I am studying to become a teacher because it sadly pays more and I am tired of contracting with no permanent work or benefits.
"China isn't going to get into a war over NK, especially if NK is the aggressor.
I think you should read your history books? Russia too would love to show the US a thing or two and keeps its friends friendly near its borders.
I think without US involvement they could easily over-run South Korea.
They have one of the largest armies in the world and can shell Seoul at a rate of a thousand rockets an hour! After that their army can march through and within a week own the whole country.
The card for them is China. Of course we wont just sit and watch it happen and neither would the Japanese! China has 1 billion soldiers that can go into Korea in a moments notice. The US is so reliant on China as our society would collapse and Walmart would go out of business within 24 hours if they entered such a war. China would have to make a choice. To say ha ha uncle sam we got you by the balls surrender or face a depression and financial ruin! Or not get involved to lose money with the US and watch millions die with a long war as the US puts hundreds of thousands of boots on the ground for a horribly nasty and destructive war and have one less alley left in the region?
Russia would love to stomp on the USA too!
Chairman Mao is long dead
China is not going to war over some backward country with their largest trading partner
Why not?
We will surrender in a heartbeat if enough lobbiests scream! We are owned by lobbiests from Walmart, Apple, and others and do not care about our own country. China knows this and feels threatened by the United States. If they stopped exporting goods today the US would collapse tomorrow as we would have no products. China has the cards now which is part of their plan by making us so reliant on them.
Part of me wants to see this happen so shit would change. However a 1930s style depression would start as no employers would survive. Even things made in the US rely on rare earth metals and vendors who make stuff in China to save money.
I do not mean this is as a troll, but I am very serious. Our government is so damn corrupt with corporate lobbiests that any politician would drop their principles and even surrender if it meant more money and CEOs could keep their money and jobs.
Stravation strengthens Kim's image and creates anger at the US and SK for causing it as the aggressors.
From the viewpoint of a NK you have a God like leader who loves you and all wants what is good for everyone. However, this evil horrible santanical man is the one stomping it next to an equally evil 900 pound gorrila who interferers with other countries affairs and is now causing horrible starvation, death, and excersizes to scare your leader who loves you into submission!
Who are these evil people and why can't they leave you alone so you can get food!!
FYI North Koreans have no access to the outside world. Both TVs and radios are glued into one frequency with 24 hour government propaganda. They have no internet so they believe that extreme viewpoint I just gave because everyone they ever known does. It is taught in school, radio, TV, work, and your mandatory military service. The USSR at least got smuggled movies and rock and roll music so they knew their governmetn was full of shit. The Kim's have it locked down very good.
Starvation is pretty effective as a result to earn more support. If the USSR won and invaded Mexico and Canada and isolated the US where we did not have food would you think more highly of the USSR and be mad at your government? Or the opposite.?
8 million in reserves too with tons of weapons and a zealotry of liberating their homeland from the emperial agressors with a united Korea will be difficult if not impossible to default without at least 250k of American troops to balance out.
Also the NK airforce can shell Soul at 1,000 rockets an hour an flatten the city right before a 2 million man march into it. South Korea would fall very quickly as 35,000 US troops and 100k South Korean troops would be overwhelmed FAST!
The north may not have high tech fighter jets but they do have large men with soldiers who are brainwashed and eager to fight for nationalist interests.
Notice your emphasis on bit-rot free.
XP needs a good reformat every 6 months to a year. Or you could be like the rest of the users and have no problem waiting 5 minutes for your computer to startup everyday.
I really do not understand the obsession of those that want to keep using that old POS OS? To me it damages the Windows brandname even if 7 does not turn into a slug with corporate crapware after awhile. Everything else is instant on and off.
Lets also not forget that WP8 Apps and W8 Apps aren't the "same" - unlike iOS and Android, they are separate SDK frameworks. So, you have to do twice the work to hit the "Windows 8" platform. What a great use of resources, for a platform no one wants.
That irritated me too! I was told they are very similiar though and a breeze to port. However, I do not want to blow $200 for Win8 and vmware to develop it as MS refuses to support Windows 7. Sorry, I wont change my host OS to that turd and I am not a developer professionally so I will stick with my free Android tools instead.
Cost?
The IPAD is the B&W of tablets and sets the standards. Problem is at $700 for a toy most Americans are struggling to pay their bills and break even every month so this is not an option. Android is taking over the cheaper more cost effective tablets.
It was not hte lack of a start button, but rather a tablet that was more expensive at $1200 for the full version with a SSD not 90% full on arrival with no GPS or even G3/G4 data. I mean come on! So it is essentially useless for the traveler at the airport or in a long car trip who needs voice navigation or weather reports. No data, no location, but $300 more and no apps.
Not to mention there are no apps. I assumed at this point last year there would be tons of Metro applets as Microsoft owns such a large marketshare of desktops that every app developer would be porting apps. But at 50k forget it! The IPAD in 2009 had more apps from their iphones.
MS needs to make it lower cost as the cheap Acer Android tablets are castrated laptops without these features. If you want an expensive system you need to have everything and yes that includes a start menu button on the Pro series for desktop users who have mice/keyboards.
Youtube for listening to music while I work is painful. It can't buffer at all and I have a FIOS connection. I had to reformat my computer and installing Office over the internet and patching the 3 gigs of data for SWTOR was capped at 300k even if I have a fiber connection.
I rebooted my router a few times and ran ipconfig /flushdns but to no avail.
However, none of my activity uses European servers or DNS so I highly doubt this is related at all. Google did say it was absorbing some of the traffic because they are nice guys and do not want to see European internet shutdown and this *might* explain youtube buffering issues.
So I am skeptical unless European traffic is being rerouted to North American servers which are chocking the routers but I do not think the pipes over the atlantic could handle that.
I'm not arguing the cost/benefit ratio isn't dropping at a worrying rate, you are spot on in what you're saying. I got my degree in 05, so again, a different job market than now for my anecdotes.
I'm just arguing the hyperbole in GP's post. According to CNN, the average starting salary for a new grad is ~$45k - a far cry from the $12/hour he's claiming. As I said, we absolutely need to keep an eye on education costs and keeping our debt under control, but calling the current situation indentured servitude is ridiculous.
Citation?
I know no one making that even with years of experience who have recently graduated. Most would feel rich at 40k. I see a totally different world than you and I am curious if I am hyperboling or not? Perhaps medical students make that fresh out of school or some certain areas like Nursing but certainly not what I have seen recently.
Teachers can make up to 35k fresh out of school and have the best starting salary but long term is not a winning strategy to get rich. Employers here do not care at all about the fancy CS degree unless you have a nice portfolio but perhaps that is isolated and not the new norm I keep seeing?
Have the SWAT team bust down their door and hall their asses to jail. Seriously, this is rediculous. Hacking into someone elses servers is a sevre crime the last time I looked and there is ample evidence from OpenDNS who does not even have to file charges.
Otherwise you are showing the Russian Mobfia and others they are not accountable to their actions and can do whatever the hell they want. I wish more arrests would be made. Shutting down and arresting cyberpunk officers would be a great start. After all they got KimDotCom and he didn't do damage. I have noticed youtube is barely working with syncing issues and I am on fios which is no doubt related as Google admits they trying to absorb the punch so the internet doesn't get knocked out
Well good for you!
In Florida the cost is $20,000 a year with a 5% increase every year for in state residents! I admit that price does include room and board. So lets do the math and tell me you can afford to wait tables and pull that in and then get $12/hr = $24,000 a year to pay it back when you graduate? I know this because I had a grant to get a 2nd college degree. Also that cost increase goes up 5% a year!
Once a state needs to cut its budget the first thing goes is the college system. Virginia is insulated due to all the money from the DC area. My state in Florida got hit very hard in the recession. California is a similiar story.
Times my friend have changed. In the 1990s you could also make $19/hr at UPS being a package handler and delivery driver. Today that same job pays $9/hr. Why? Because there are more people than jobs today. In essence working for free for 10 years is the new norm unless economic conditions radically improve. Many employers still wont hire anyone unless they have years of experience matching word by word from the job description for an entry level job.
In the 90s they would train you if you had a good non related job and a degree. Rent in the 1990s was affordable today it eats up the other half after student loans.
So I disagree as it is indentured servitude right to the very core but hey you might make it out if can get a foot in the door somehow.
Problem solved
I am not complaining at all. Doing what I can as I played smart but still am broke but at least have an option to recover.
My classmates working at BestBuy with 3.4 GPAs on the otherhand missed out and now no employer will touch them. FYI my interest is 7% and I would be flipping burgers without it. That my friend is not entitlement
Completing school with crushing debt and no job prospects is not "the new norm" - that's either being woefully unlucky or simply doing it wrong. I'm not trying to say student debt isn't burdensome - but I honestly know nobody in the situation you describe. They all have reasonable jobs (40k, 50k, or more), live on their own, and can afford their payments and lifestyle. Those I know with the highest debt had made the conscious decision to borrow more for time abroad knowing they'd be paying it back down the road (none regret this decision).
Education cost is definitely something we need to keep an eye on, and student loan burden is definitely growing - but to equate going to college with indentured servitude is simply wrong.
What year did you and your buddies graduate? If was 1999 you could major in Art History and take just 2 programming courses and immediately have employers banging down on your door throwing $45,000 a year at you! Your student loan debts at a public university would probably be $350 a month with 2% interest. If you couldn't find a good job then you sucked or plainly something else was wrong.
I graduated in 2009. Out of all the classmates I keep in touch with only 2 found white collar jobs. The rest took blue collar and retail jobs or are sitll semi employed. I was lucky to do my 2 years at a community college so I only have $40,000 which is considered low. My ex got a masters in teaching and owes $130,000 and $1600 a month for her teaching job. .... one of the reasons for our divorce.
The BestBuy in my area is filled with graduates desperate to find any job they can get. All the I.T. jobs where I am at only pay $12 - $16/hr and require MCSE, 4 year degree, and 3 years solid experience. The wage is set correctly in the managers eyes as there are always lines of desperate CS graduates willing to take them with many oweing $80,000 or more. This is the normal price of college in 2013. You sir are in a bubble if you talk to anyone under 30?
The very definition of indentured servitude and the beginning of slavery started in America where if you couldn't afford the fare to move to the colonies you signed a 7 year contract to work for free and after 7 years the fare is paid and you are a free man. It was debt contract. Yes, student loans are a form of indentured sevatude as they are by the very definition the same thing.
If you do not want to work 70 hours a week for free after your bills at 2 McCrappy jobs YOU MUST go to school. So the school raises the cost and the job creators decide they prefer H1b1 visas or require more experience leaving the debtor on the hook.
I am not complaining at all as I am doing all I can and busting my butt but I get paid less than what I made 8 years ago and am one of the few Americans at my clients site. Those are also lost jobs. So in my opinion it is that bad and debt does equal indentured servitude which is a step above slavery which is the other option if all your money just goes to exist and you still starve.
The difference is that Mike can violate the agreement at will, and only be liable for money damages. His "shareholders" have no legal right to physically confine him - they only have a civil remedy in contract law. It is impossible to legally turn yourself into a slave (or other non-person) because a person always has the right to breach a contract.
Spoken as someone who has not graduated recently with student loans. Many with $12hr jobs after graduating are expected to pay $1200 a month or more! They live with their parents and work for free for 10 years. Explain why thats not indentured servitude?
FYI I am not talking isolated cases but the norm in todaus dollars. I am lucky and only pay $600 a month because I went to a community college to cut down costs.
Servitude is the new norm in the 21st century.
You give up your time and are paid based on the value you provide. The more you give up of yourself the more you have.
If it is approved before you provide then its debt. The investor gets more of you in time exchanged from someone called money. Investors dont care about your personal lives. Only cash.
So go work and do the startup on the side
Interviewing now for bigger and brighter things.
Point being is the accountants are clueless and cost is all that matters at the end of the day.
FUD
The latest AMD CPUs are just as fast as icore5's for single tasking and can multitask for 50% of the cost. My phenomII is older, but has virtualization instructions and a hexcore architecture than can run VMWare Workstation smoothly where an icore5 would be all choppy and struggle.
The ATI cards are very competitive and slashdot should mention the ATI 7790 which is only $150 and very competitive value wise for those who do not want to blow $700 for a new powersupply + 2 card slot mega card.