I wouldn't bash him as an IT expert. Many Atom chipsets are not compatible with Windows 7. Skpe is a great program that is usefull and what MS wanted in Netmeeting that never really took off.
I would love to format and put windows 7 on all devices but its touch screen support was crippled by Sinsosky who wanted Windows 8. Maybe the doctors in the GP post wanted tablets?
Windows 8 has been shown by a top usability expert to be horrible! I used to run it but went back to Windows 7. Not because I was a retard who hated change and refused to learn to do things the right way, but because it was counter productive for my desktop and my ati graphics only supported WDDm 1.1 and not 1.2 and was crippled on my laptop. It takes a lot to retrain and to get apps medically certified! Clicking like a retard in the upper left hand corner of the screen for the other apps is counter productive compared to just using Aero peak in the Windows 7 task bar. It was very poorly done and and had a very very short time span between demo and freezing without years to develop. After April the team had 2 months to make it stable as Sinsosky wanted to release it FAST. Windows 95 in comparison had 2 years.
The last client I had at a hospital in Alaska still had XP and wiped the IWndows 7 desktops as late as early 2011 because the apps were not certifed. Shit they had SP 2 not even Sp 3!! The grandparent did mention the medical industry right? over a network.
Windows 7 is better in many areas just like aging XP was when Vista came out. I used Vista because I had school and got used to the instant search but on a corporate network I could see XP being a far supperior option in many areas.
With the Microsoft Store they are doing just that. I hate Windows 8 but I thought it was cool that I could get a whole system plus the beautiful BING backgrounds. I run Windows as my host OS mostly and I know linux users reading this wont agree and wipe the OS regardless but I feel a whole market is available and not just hte business market which has an IT staff with custom clean images (usually very outdated).
It is nice to know Vizio did not fall for it. I was thinking of getting them or a Samsung as my next laptop when I have more money. OEMs are obsessed with getting ahead by staying behind and cutting costs. They lost attract by getting ahead by actually staying ahead. I hope the Surface scares them in making something quality like apple.
I wanted to build my last system bad. I could not justify with my wife. I got an Asus anyway at BestBuy but I reformatted the disk with an OEm pirated build but put the key in that way for a fresh install.
Which is why many of us would rather build our systems and pay the OEM licence fee... or go to the Microsoft Store for the less inept users. This is a serious problem and yes many would be willing to pay $10 for that better experience. Or get a Android tablet without that problem.
The last one failed... ok I admit I ran over it with a chair not cleaning my room but I found Asus dependable. I only had one bad incident. I refused to be an AMD fan until late 2010 when the last phenom IIs came out. I owned an AthlonXP +1800 during the XP era which lived on 3 differnet boards before fried by me being retarded and not having the ram in all the way and frying it during a post. I got a core2duo afterwards.
Asus are pretty good and you do no need the overclocker extreme boards. I have a crappy retail Asus essentio from bestbuy as my exwife wouldn't let me get anything else not supported. It underclocked my CPU but the good thing is I can get another board if anything breaks as they will be in production for years!
I never had that activation issue in awhile as I only do Windows 7 installs. I did do XP support as late for 2010 but most were pentium IVs or core2duos at the shop I contracted with.
When I could run AMD for a customer who wanted to train an Exchange consult I was amazed at what I had. AMDs are like mainframes. Not as fast but more thick in features. No one should use XP anymore unless they ahve a very ancient system. When I worked at a PC shop on the side I would recommend it only as a temporary solution until a Windows 7 solution would be available. I am aware though while the CPU fits in the piledriver or whatever the fuck AMD is making now it is not electrically compatible. It hurts as I do not want to go back to the dark days of the 1990s when intel was a premium:-(
I guess I wam wasting time in slashdot with such posts but I really do not like intel unless I am rich. It is freaking cool I can run Windows 2k3, Exchange frontside, backside, proxy, and a linux sendmail, with a Windows 2k3 gateway and Xp clients all on my crappy $599 system with vmware!! Any IT profession should consider this.
They are not that much faster. But Intel claims in the leaked documents they use half the power and double the cores of a the current Atoms. Bare in mind, the newer chipsets are not compatible with Windows 7. I tried submitted that a month ago on this compatibility issue and some moderator put the story down as flamebait ugh.
Intel has no desire to backport the directx11.1 drivers to Windows 7 due to WDDM1.2 which is why IE 10 is not available for Windows 7 as of right now without some hacks.
That might change in the future. If I owned any Intel stock I would be selling it right now or shorting it if I am evil enough. ARM is kicking their ass and Android and IOS shall overtake it by the end of year! By 2016 there will be 4 times as many tablets and phones as PCs and ARM will be the new CPU king. Intel is trying to do whatever it can to survive FAST and perhaps they are making this as small as penny and doing the soldiering so more phone and tablet users pick it.
AMD is more screwed unfortunately. They are about to go bankrupt and are trying to get into the ARM business with qualcomm with radeon graphics in an APU. I think they plan to leave the PC market entirely and focus on low power ARM servers and tablets. The exception maybe their graphics cards for gamers which still sell well.
I have a feeling Apple will probably buy them out in the end as they want control of their own components and could have their own x86 and graphics for their macs and other products. No need to waste money paying other companies.
10% less performance? the gap is a lot bigger than that my friend. amds top tier cpu right now is comparable to last years core i3
Actually the latest ones are much better that just came out the last month. Also WIndows 8 improves performance further by better threading with multi-cores.
I made the comparison with my older PhenomII comapred to the 1st generation icore5s. At the time it was a wise investment and I have a dislike towards Nvidia and wanted to go full ATI and figured the combo was well tested and would work well together.
I gave a likely answer if we continue the norm and not care. Your savings will be gone and so will your employers revenue which they keep in a now bankrupted bank. You will be out of a job and have no money as will 90% of the population with it. That is not extreme at all as debt uses other debt as co-lateral creating a so called falling domino effect.
You can't put a gun and force banks to buy back these scary Greek bonds. The interest covered would go up again where more debt would be required just for the minimium payment. See the problem?
Austerity a failure? More like a savior as the alternative could be far far worse. If you are a Europen go to wikipedia and search "The Great Depression" or 1929 stock market crash? These hurt Americans more but it was the same problem in the private sector. Debt in which was paid for by more debt. 30,000 American banks failed in the 1930s! It took 15 years before Americans were employed again. That my friend is what the Eurozone will start turning into FAST once the bank failures start.
My AMD systems from 2007 are Athlon64 and can still be upgraded to the latest PhenomII black editions fine after a bios update. So I do not know what you are talking about.
Both of you must be those Intel users I keep hearing about where different sockets and chipsets are made on purpose to limit compatiblity so you have to upgrade everything. Oh and boy Windows activation wont like that either. Better buy another copy of Windows for that board as well.
So I have features on my $599 special that only your xeon or Icore7 extreme has like hardware virtualization. This is a phenomII and the 10% - 15% performance deduction was well worth the price for my 6 core. It still has a ton of mips and can handle everything I throw at it.
It is just cheaper and more expedient to have a few spare ones and strip their parts. The warranty is only used for things that can't be replaced like screens. Well at least not easily when you have 20 tickets a day open and do not want to ruin the screen by cutitng corners.
Unlike Intel ones they share the same sockets and a bios update can enable you to pop out the old and stick in the new. Cool hu? Intel has a vested interest in keeping you on the upgrade treadmill and makes sure sockets are incompatible and chipsets wont work outside 1 or 2 cpus. This also means Windows XP will BSOD and crash if you change.... oh have to buy another license for Windows again. Oh boy fun!
Windows 7 and AMD do not have these problems and is well worth the 10% less performance and a cheaper price to boot too.
Intel is more interested in the tablet and smartphone market where if projects are correct Windows will be a minority OS by this time next year and Android will outnumber Windows 4-1 by 2016.
Intel just is not interested that much in x86 as everyone wants a tablet. Businesses will switch to them too in a few years with keyboard that plug into your new 13 inch Metro tablet for content creation. I will keep this desktop I bought in 2010 which is 2009 era until 2016. I do not know what I will do afterwards as I have always been modded down to -1 flamebait back in 2006 when I pointed out the absurdity and hypocracy for bashing XP and DRM and then go on and on how great the new Iphone 1 will be when it comes out?!
Shouldn't their be laws and regulations to prevent signed kernels, apps, and other shit that takes ownership away from our... sorry their phones/tablets we buy...err rent? I know this argument is soo 2003 here but it is finally relevant and not tin foil hat.
Shit you can't even take out the CPU?! Before you know it you will have to throw out your own pc all in one for a battery replacement. I mean WTF
Cut it by 0 and the bankers won't loan us anymore money. The US is about to be downgraded again by Fitch unless something passes!
Austerity works as it is the only thing keeping a global collapse right now. Investors are not going to be buying treasuries unless they know they will see their money again.
It has been stated time and time again government does not create jobs. Only takes away. Same is true with tax cuts. They do not create jobs neither. Economists point to for every job created 1.2 to 2 jobs are destroyed depending on which mathematical model you use.
We should be in boom times with all this government spending right! We are not. Japan has 150% GDP to assets ratio and experienced a loss decade. Sony is prompted by the government and so is every grocery store chain. Do you see HUGE economic rivals NO. It is the lost decade.
You need demand. Debt makes the situation worse as it is safer for investors to invest in bonds than the private sector. Eventually what will happen is even that will no longer be viewed safe like in Greece and investors will just horde their cash and buy gold. Wait, that is happening right now!
Pay back the debt and the markets will be flooded with excess capital to invest in the private sector again and people who are savers will have more disposable income again to buy things. Right now debt and 0% interest rates encourages people to hold on to what they have.
You want to see a depression? I mean a REAL DEPRESSION.
Just sit and wait and do nothing like we are now then. We are much larger than Greece.
Before you point to Greece as the soul reason why austerity doesn't work, ask yourself why are they doing it? The answer is because they didn't do it sooner. FYI state goverments have cut trillions of GDP in the last few years. Yet we are recovering and the great recession has been over for 2 years. What is happening now is the most recent unemployed have all been state workers as their constitutions prohibit deficits. It is now time for the federal government to do its part.
No we can't keep on spending other peoples money! If it becomes so big a point will happen where the investors will get jumpy and want their returns back. Then what? Oops we can't pay them as we use other debt to pay for existing debt. That is what happened with Greece and Spain.
It is never a good time to cut jobs and raise taxes but now is the perfect time. Jobs are coming back, GDP is growing, and it wont get any better as too much debt both public and private is preventing any real recovery anyway. So fix the debt and the problem goes away.
Ok so what would happen if Greece and Spain did not agree to austerity?
What would happen next would make the 1930s look like child play. The countries would collapse! Then the banks would collapse! THen peoples savings would be gone. I would let you use your imagination what Europe would look like next. A hint it would not be Europe anymore. It would be a bunch of tribes with no money or jobs rioting and warlords trying to take any resource it can find for its people. Unless you expect the military and governments in the EU to work for free? Actually if they got paid it wouldn't matter as the currency would be worth nothing as no bank would exist etc.
That is economics and finance 101. That money belongs to everyone else in forms of debt that get hot potatotoed to each other. One someone drops the potato everyone losses their capital.
It is why it is such a bad thing and causes depressions rather than recessions. People argue the government is not like a household when it comes to debt, but I disagree. The net result is the same with someone with a credit card. The interest will kill you and you end up working for free being broke perhaps working a 2nd job if things get even more tight while the bank sits back and gets paid for free.
The government is doing the same with tax cuts for the wealthy and welfare freebies for the poor. Something has to give as one dollar spent by not working for it has to be spent by someone else working for it and not having it. That is where the bank comes in.
The US government does not need to cut its budget by 3%. It needs to cut its budget by 50% or more. Many programs and federal departments need eliminated entirely. It's not even about the $16 Trillion debt. If the government ran honest accounts, it's about the $200 Trillion debt.
Or what? The sky will fall in and the US will go bankrupt? Civilisation will cease?
You've been fed the biggest, most damaging lie of the last four years, which is government debt works the same as personal household debt. It doesn't.
Deficits aren't the issue here. They go up, they go down, they have always been with us and always will be. That is the nature of the beast. Keynes taught us that deficits are structural, and more or less look after themselves. The key is to keep growth as high as possible. That means investment and government spending during bad runs. Eventually, the ratio of deficit to GDP stabalises. This happened here in the UK post 1945, where government spending hit something like 70% of GDP. The sky didn't fall in then, and it sure as hell won't now.
The US is recovering a shedload faster than the Eurozone and the UK because so far it hasn't bought into the austerity argument. Austerity will do nothing except destroy the fragile recovery. The austerity idea that the private sector will bridge public sector spending cuts is an outright lie.
The budget cut argument is nothing more than a mechanism to transfer wealth to the rich. It is their argument and their ideas that you are parroting, for their benefit. To the rest of us it causes nothing but harm.
Tell that to the Greeks? Your own Margret Thatcher has a quote. Socialism only works until you run out of other peoples money. The US is over 100% GDP and Greece was 130% when all hell broke loose.
This was back in 2008. Bare in mind just 4 years earlier when the digital foresenics guy came out of school 93% of people used IE 6 while the 5.5% used Netscae 4.7. Mozilla was at.5% marketshare.
So out of habbit you checked for IE only.
Today in 2012 IE has less than 50% of the US market according to g.statcounter.com as Chrome and Firefox overcame it. Even in 2008 Firefox was a geek thing and a few non technical users just started using it from their geek friends. I was paranoid when Chrome first came out because only 11% of people in those days used FF and if half switched to Webkit it would give a reason for webmasters to make IE only websites again as they wont bother with anyone with 5 or 6% markethsare.
What really it shows is that foresnic experts need to be recertified every few years like teachers do to stay current. That way he or she would know what Firefox is by 2008 and by 2011 would not only know about Chrome but would also know how to check a Chrome users history.
I guess back in 2008 most people still used Internet Explorer. I guess the foresincs team were used to 95% of people using IE 6 just 4 years earlier and it never dawned on them to ask what the red fox over the world icon was on her computer?
It also makes me wonder if use a minority browser like Opera today if I could get away with the same crime. 4 years later it is not just geeks who use alternative browsers but everyone and their brother runs the top 3.
I have a variety of female friends and I asked them what attracts them to a man. It was not money. It was generally confidence and a moving forward atttidude in life. The potential to become something is hot to them.
The flipside is a younger woman will have lower expectations. She still wants these things as the 50 year old. However, the 50 year old has the option of dating a man who already has a 4,000 square foot home, is a vice president, and is at the top of his career and has a long track record. The 25 year old? If you have your own home and not an apartment you are RICH! But many is not as important. You can be entry level in your career and it is not a problem for the 20 something.
For us they feel we are God to them and will build our ego as even the most competent men in their 20s just do not have the same things we have in our later 30s if we are just average in our careers and likely we have moved up and will be in a position to quit jobs we do not like to make ourselves happier. Someone out of college does not have that option for 5 years.
Women in their 30s have the highest sex drive too. Early 20s is like late 40s. However when you get laid off as I have which caused the divorce the self confidence and the loss is much greater later in life than a man in thei 20s. It always goes back to the optimism and self confidence again doesn't it?
I hear you and see that. It is like dreams die when money and obligations robs their soul. Men are like this too and lose their idealism too by then. Having a kid is normal at that age and is not bad. They just want a man to love them. IF they do want a sugar daddy... RUN!!
Many women who are single again at that age are because of money problems causing a divorce which is something insane like 75% of all divorces start as. I hope women learn from this and be nice looking for a man in the future. I was materialistic too when I was married but not so much now after I learned my lesson. There is no reason to be afraid. Good luck!
How can that possibly work? At that point wouldn't you just kill the wife/ kid/ judge and be done with it? And wtf sort of civilized country has what amounts to a fucking debtor's prison anymore.
A society that cares about the kids eating. That is who. I do not know if this is a troll or not but it gets the message and I am in favor of it. It harms the kids and society with irresponsible people. You may feel it is unjust, but there is another person who has no say or power in this situation. THat is the child and he or she is a person too.
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I wouldn't bash him as an IT expert. Many Atom chipsets are not compatible with Windows 7. Skpe is a great program that is usefull and what MS wanted in Netmeeting that never really took off.
I would love to format and put windows 7 on all devices but its touch screen support was crippled by Sinsosky who wanted Windows 8. Maybe the doctors in the GP post wanted tablets?
Windows 8 has been shown by a top usability expert to be horrible! I used to run it but went back to Windows 7. Not because I was a retard who hated change and refused to learn to do things the right way, but because it was counter productive for my desktop and my ati graphics only supported WDDm 1.1 and not 1.2 and was crippled on my laptop. It takes a lot to retrain and to get apps medically certified! Clicking like a retard in the upper left hand corner of the screen for the other apps is counter productive compared to just using Aero peak in the Windows 7 task bar. It was very poorly done and and had a very very short time span between demo and freezing without years to develop. After April the team had 2 months to make it stable as Sinsosky wanted to release it FAST. Windows 95 in comparison had 2 years.
The last client I had at a hospital in Alaska still had XP and wiped the IWndows 7 desktops as late as early 2011 because the apps were not certifed. Shit they had SP 2 not even Sp 3!! The grandparent did mention the medical industry right? over a network.
Windows 7 is better in many areas just like aging XP was when Vista came out. I used Vista because I had school and got used to the instant search but on a corporate network I could see XP being a far supperior option in many areas.
With the Microsoft Store they are doing just that. I hate Windows 8 but I thought it was cool that I could get a whole system plus the beautiful BING backgrounds. I run Windows as my host OS mostly and I know linux users reading this wont agree and wipe the OS regardless but I feel a whole market is available and not just hte business market which has an IT staff with custom clean images (usually very outdated).
It is nice to know Vizio did not fall for it. I was thinking of getting them or a Samsung as my next laptop when I have more money. OEMs are obsessed with getting ahead by staying behind and cutting costs. They lost attract by getting ahead by actually staying ahead. I hope the Surface scares them in making something quality like apple.
I wanted to build my last system bad. I could not justify with my wife. I got an Asus anyway at BestBuy but I reformatted the disk with an OEm pirated build but put the key in that way for a fresh install.
Which is why many of us would rather build our systems and pay the OEM licence fee ... or go to the Microsoft Store for the less inept users. This is a serious problem and yes many would be willing to pay $10 for that better experience. Or get a Android tablet without that problem.
Which is why I do not buy from MSI anymore :-)
The last one failed ... ok I admit I ran over it with a chair not cleaning my room but I found Asus dependable. I only had one bad incident. I refused to be an AMD fan until late 2010 when the last phenom IIs came out. I owned an AthlonXP +1800 during the XP era which lived on 3 differnet boards before fried by me being retarded and not having the ram in all the way and frying it during a post. I got a core2duo afterwards.
Asus are pretty good and you do no need the overclocker extreme boards. I have a crappy retail Asus essentio from bestbuy as my exwife wouldn't let me get anything else not supported. It underclocked my CPU but the good thing is I can get another board if anything breaks as they will be in production for years!
I never had that activation issue in awhile as I only do Windows 7 installs. I did do XP support as late for 2010 but most were pentium IVs or core2duos at the shop I contracted with.
When I could run AMD for a customer who wanted to train an Exchange consult I was amazed at what I had. AMDs are like mainframes. Not as fast but more thick in features. No one should use XP anymore unless they ahve a very ancient system. When I worked at a PC shop on the side I would recommend it only as a temporary solution until a Windows 7 solution would be available. I am aware though while the CPU fits in the piledriver or whatever the fuck AMD is making now it is not electrically compatible. It hurts as I do not want to go back to the dark days of the 1990s when intel was a premium :-(
I guess I wam wasting time in slashdot with such posts but I really do not like intel unless I am rich. It is freaking cool I can run Windows 2k3, Exchange frontside, backside, proxy, and a linux sendmail, with a Windows 2k3 gateway and Xp clients all on my crappy $599 system with vmware!! Any IT profession should consider this.
You must be talking about these atoms that were accidently leaked.
They are not that much faster. But Intel claims in the leaked documents they use half the power and double the cores of a the current Atoms. Bare in mind, the newer chipsets are not compatible with Windows 7. I tried submitted that a month ago on this compatibility issue and some moderator put the story down as flamebait ugh.
Intel has no desire to backport the directx11.1 drivers to Windows 7 due to WDDM1.2 which is why IE 10 is not available for Windows 7 as of right now without some hacks.
That might change in the future. If I owned any Intel stock I would be selling it right now or shorting it if I am evil enough. ARM is kicking their ass and Android and IOS shall overtake it by the end of year! By 2016 there will be 4 times as many tablets and phones as PCs and ARM will be the new CPU king. Intel is trying to do whatever it can to survive FAST and perhaps they are making this as small as penny and doing the soldiering so more phone and tablet users pick it.
AMD is more screwed unfortunately. They are about to go bankrupt and are trying to get into the ARM business with qualcomm with radeon graphics in an APU. I think they plan to leave the PC market entirely and focus on low power ARM servers and tablets. The exception maybe their graphics cards for gamers which still sell well.
I have a feeling Apple will probably buy them out in the end as they want control of their own components and could have their own x86 and graphics for their macs and other products. No need to waste money paying other companies.
10% less performance? the gap is a lot bigger than that my friend. amds top tier cpu right now is comparable to last years core i3
Actually the latest ones are much better that just came out the last month. Also WIndows 8 improves performance further by better threading with multi-cores.
I made the comparison with my older PhenomII comapred to the 1st generation icore5s. At the time it was a wise investment and I have a dislike towards Nvidia and wanted to go full ATI and figured the combo was well tested and would work well together.
Then what is your solution then?
I gave a likely answer if we continue the norm and not care. Your savings will be gone and so will your employers revenue which they keep in a now bankrupted bank. You will be out of a job and have no money as will 90% of the population with it. That is not extreme at all as debt uses other debt as co-lateral creating a so called falling domino effect.
You can't put a gun and force banks to buy back these scary Greek bonds. The interest covered would go up again where more debt would be required just for the minimium payment. See the problem?
Austerity a failure? More like a savior as the alternative could be far far worse. If you are a Europen go to wikipedia and search "The Great Depression" or 1929 stock market crash? These hurt Americans more but it was the same problem in the private sector. Debt in which was paid for by more debt. 30,000 American banks failed in the 1930s! It took 15 years before Americans were employed again. That my friend is what the Eurozone will start turning into FAST once the bank failures start.
My AMD systems from 2007 are Athlon64 and can still be upgraded to the latest PhenomII black editions fine after a bios update. So I do not know what you are talking about.
Both of you must be those Intel users I keep hearing about where different sockets and chipsets are made on purpose to limit compatiblity so you have to upgrade everything. Oh and boy Windows activation wont like that either. Better buy another copy of Windows for that board as well.
So I have features on my $599 special that only your xeon or Icore7 extreme has like hardware virtualization. This is a phenomII and the 10% - 15% performance deduction was well worth the price for my 6 core. It still has a ton of mips and can handle everything I throw at it.
You need IT to verify they can't fix it first.
It is just cheaper and more expedient to have a few spare ones and strip their parts. The warranty is only used for things that can't be replaced like screens. Well at least not easily when you have 20 tickets a day open and do not want to ruin the screen by cutitng corners.
How does it cut costs? Are the tiny pins really that expensive? What are they made out of? Platnium?
Easy we owned AMD systems.
Unlike Intel ones they share the same sockets and a bios update can enable you to pop out the old and stick in the new. Cool hu? Intel has a vested interest in keeping you on the upgrade treadmill and makes sure sockets are incompatible and chipsets wont work outside 1 or 2 cpus. This also means Windows XP will BSOD and crash if you change. ... oh have to buy another license for Windows again. Oh boy fun!
Windows 7 and AMD do not have these problems and is well worth the 10% less performance and a cheaper price to boot too.
Sadly it is going this way.
Intel is more interested in the tablet and smartphone market where if projects are correct Windows will be a minority OS by this time next year and Android will outnumber Windows 4-1 by 2016.
Intel just is not interested that much in x86 as everyone wants a tablet. Businesses will switch to them too in a few years with keyboard that plug into your new 13 inch Metro tablet for content creation. I will keep this desktop I bought in 2010 which is 2009 era until 2016. I do not know what I will do afterwards as I have always been modded down to -1 flamebait back in 2006 when I pointed out the absurdity and hypocracy for bashing XP and DRM and then go on and on how great the new Iphone 1 will be when it comes out?!
Shouldn't their be laws and regulations to prevent signed kernels, apps, and other shit that takes ownership away from our ... sorry their phones/tablets we buy...err rent? I know this argument is soo 2003 here but it is finally relevant and not tin foil hat.
Shit you can't even take out the CPU?! Before you know it you will have to throw out your own pc all in one for a battery replacement. I mean WTF
A plan when AMD goes out of business which should happen anyday now if rumors are true sadly.
Why should Intel care then? They have no competition anymore and can do whatever they want.
Cut it by 0 and the bankers won't loan us anymore money. The US is about to be downgraded again by Fitch unless something passes!
Austerity works as it is the only thing keeping a global collapse right now. Investors are not going to be buying treasuries unless they know they will see their money again.
It has been stated time and time again government does not create jobs. Only takes away. Same is true with tax cuts. They do not create jobs neither. Economists point to for every job created 1.2 to 2 jobs are destroyed depending on which mathematical model you use.
We should be in boom times with all this government spending right! We are not. Japan has 150% GDP to assets ratio and experienced a loss decade. Sony is prompted by the government and so is every grocery store chain. Do you see HUGE economic rivals NO. It is the lost decade.
You need demand. Debt makes the situation worse as it is safer for investors to invest in bonds than the private sector. Eventually what will happen is even that will no longer be viewed safe like in Greece and investors will just horde their cash and buy gold. Wait, that is happening right now!
Pay back the debt and the markets will be flooded with excess capital to invest in the private sector again and people who are savers will have more disposable income again to buy things. Right now debt and 0% interest rates encourages people to hold on to what they have.
You want to see a depression? I mean a REAL DEPRESSION.
Just sit and wait and do nothing like we are now then. We are much larger than Greece.
Before you point to Greece as the soul reason why austerity doesn't work, ask yourself why are they doing it? The answer is because they didn't do it sooner. FYI state goverments have cut trillions of GDP in the last few years. Yet we are recovering and the great recession has been over for 2 years. What is happening now is the most recent unemployed have all been state workers as their constitutions prohibit deficits. It is now time for the federal government to do its part.
No we can't keep on spending other peoples money! If it becomes so big a point will happen where the investors will get jumpy and want their returns back. Then what? Oops we can't pay them as we use other debt to pay for existing debt. That is what happened with Greece and Spain.
It is never a good time to cut jobs and raise taxes but now is the perfect time. Jobs are coming back, GDP is growing, and it wont get any better as too much debt both public and private is preventing any real recovery anyway. So fix the debt and the problem goes away.
Ok so what would happen if Greece and Spain did not agree to austerity?
What would happen next would make the 1930s look like child play. The countries would collapse! Then the banks would collapse! THen peoples savings would be gone. I would let you use your imagination what Europe would look like next. A hint it would not be Europe anymore. It would be a bunch of tribes with no money or jobs rioting and warlords trying to take any resource it can find for its people. Unless you expect the military and governments in the EU to work for free? Actually if they got paid it wouldn't matter as the currency would be worth nothing as no bank would exist etc.
That is economics and finance 101. That money belongs to everyone else in forms of debt that get hot potatotoed to each other. One someone drops the potato everyone losses their capital.
So yes debt does matter and it MUST BE paid off!
Yep, it is called debt!
It is why it is such a bad thing and causes depressions rather than recessions. People argue the government is not like a household when it comes to debt, but I disagree. The net result is the same with someone with a credit card. The interest will kill you and you end up working for free being broke perhaps working a 2nd job if things get even more tight while the bank sits back and gets paid for free.
The government is doing the same with tax cuts for the wealthy and welfare freebies for the poor. Something has to give as one dollar spent by not working for it has to be spent by someone else working for it and not having it. That is where the bank comes in.
The US government does not need to cut its budget by 3%. It needs to cut its budget by 50% or more. Many programs and federal departments need eliminated entirely. It's not even about the $16 Trillion debt. If the government ran honest accounts, it's about the $200 Trillion debt.
Or what? The sky will fall in and the US will go bankrupt? Civilisation will cease?
You've been fed the biggest, most damaging lie of the last four years, which is government debt works the same as personal household debt. It doesn't.
Deficits aren't the issue here. They go up, they go down, they have always been with us and always will be. That is the nature of the beast. Keynes taught us that deficits are structural, and more or less look after themselves. The key is to keep growth as high as possible. That means investment and government spending during bad runs. Eventually, the ratio of deficit to GDP stabalises. This happened here in the UK post 1945, where government spending hit something like 70% of GDP. The sky didn't fall in then, and it sure as hell won't now.
The US is recovering a shedload faster than the Eurozone and the UK because so far it hasn't bought into the austerity argument. Austerity will do nothing except destroy the fragile recovery. The austerity idea that the private sector will bridge public sector spending cuts is an outright lie.
The budget cut argument is nothing more than a mechanism to transfer wealth to the rich. It is their argument and their ideas that you are parroting, for their benefit. To the rest of us it causes nothing but harm.
Tell that to the Greeks? Your own Margret Thatcher has a quote. Socialism only works until you run out of other peoples money. The US is over 100% GDP and Greece was 130% when all hell broke loose.
This was back in 2008. Bare in mind just 4 years earlier when the digital foresenics guy came out of school 93% of people used IE 6 while the 5.5% used Netscae 4.7. Mozilla was at .5% marketshare.
So out of habbit you checked for IE only.
Today in 2012 IE has less than 50% of the US market according to g.statcounter.com as Chrome and Firefox overcame it. Even in 2008 Firefox was a geek thing and a few non technical users just started using it from their geek friends. I was paranoid when Chrome first came out because only 11% of people in those days used FF and if half switched to Webkit it would give a reason for webmasters to make IE only websites again as they wont bother with anyone with 5 or 6% markethsare.
What really it shows is that foresnic experts need to be recertified every few years like teachers do to stay current. That way he or she would know what Firefox is by 2008 and by 2011 would not only know about Chrome but would also know how to check a Chrome users history.
I guess back in 2008 most people still used Internet Explorer. I guess the foresincs team were used to 95% of people using IE 6 just 4 years earlier and it never dawned on them to ask what the red fox over the world icon was on her computer?
It also makes me wonder if use a minority browser like Opera today if I could get away with the same crime. 4 years later it is not just geeks who use alternative browsers but everyone and their brother runs the top 3.
That was not me but someone else.
I have a variety of female friends and I asked them what attracts them to a man. It was not money. It was generally confidence and a moving forward atttidude in life. The potential to become something is hot to them.
The flipside is a younger woman will have lower expectations. She still wants these things as the 50 year old. However, the 50 year old has the option of dating a man who already has a 4,000 square foot home, is a vice president, and is at the top of his career and has a long track record. The 25 year old? If you have your own home and not an apartment you are RICH! But many is not as important. You can be entry level in your career and it is not a problem for the 20 something.
For us they feel we are God to them and will build our ego as even the most competent men in their 20s just do not have the same things we have in our later 30s if we are just average in our careers and likely we have moved up and will be in a position to quit jobs we do not like to make ourselves happier. Someone out of college does not have that option for 5 years.
Women in their 30s have the highest sex drive too. Early 20s is like late 40s. However when you get laid off as I have which caused the divorce the self confidence and the loss is much greater later in life than a man in thei 20s. It always goes back to the optimism and self confidence again doesn't it?
I hear you and see that. It is like dreams die when money and obligations robs their soul. Men are like this too and lose their idealism too by then. Having a kid is normal at that age and is not bad. They just want a man to love them. IF they do want a sugar daddy ... RUN!!
Many women who are single again at that age are because of money problems causing a divorce which is something insane like 75% of all divorces start as. I hope women learn from this and be nice looking for a man in the future. I was materialistic too when I was married but not so much now after I learned my lesson. There is no reason to be afraid. Good luck!
How can that possibly work? At that point wouldn't you just kill the wife/ kid/ judge and be done with it? And wtf sort of civilized country has what amounts to a fucking debtor's prison anymore.
A society that cares about the kids eating. That is who. I do not know if this is a troll or not but it gets the message and I am in favor of it. It harms the kids and society with irresponsible people. You may feel it is unjust, but there is another person who has no say or power in this situation. THat is the child and he or she is a person too.
Do not like it? THen do not have kids.