The economy is doing fine. GNP has been growing at a 2% rate for the past 5 years.
The problem is that this doesn't require the entire working age population to have jobs, only 60% or so.
In 10 years it may be 50%.
The result of this process is continual concentration of wealth. Recent published statistics show 95% of the economic growth in the past 3 year was garnered by the top 1% of the population.
The idea that everyone needs to have a full time job is just not practical any more. The concentration of wealth at the top we have is a threat to democracy.
There is a mall near me that now has license plate scanners on the entrances and exits.
The justification the local police gave was terrorism. Well excuse me but when is the last time terrorists attacked a mall? What kind of idiot terrorist is going to drive his own car to the mall?
BUT I can see Verizon chomping at the bit regarding video streaming. It competes against their cable offering and their own PPV, and uses their infrastructure in an expensive way, for free. QoS for the web and QoS for Netflix streaming are two completely different ballgames.
Taxing transactions is one of the most moronic ideas in human history. Financial markets are fungible and global beyond almost anything else. All it will take is one country looking to add to it's GNP and ALL markets will move there.
France has been pushing this. If they ever implement it will provide an interesting object lesson in dumb.
Ultimately the fact is that HFT is self-defeating. Once you implement it competition between the robots will eventually eliminate all financial gain through HFT. It's already happened to a large extent.
Nonsense. Corporations are owned by people. They don't exist in a vacuum. Almost everyone in America, through pension plans, personal savings, or state bond issues has an investment in financial markets.
People, like me, who invest in the stock market benefit tremendously through high levels of liquidity.
When I go online and place an order to sell stock, and see that order filled in a fraction of a second at exactly the quoted price (with bid-ask spreads on the order of one cent) I really do appreciate having this liquidity.
Human beings are FAR more corrupt than any machine could be.
I remember my father having to place stock orders over the telephone. The prices for this process were horrific compared to modern practices. Plus you got much worse execution and bid-ask spreads.
The fact is the advantages of HFT are being worked out of the market and volumes are declining. Profit is being wrung out of the system. A few minor tweaks to the regulations (say imposing a 100 millisecond order delay) is all that one should even consider.
The problem is our markets (brokers, agents, order processing and the floor) are set up in a way so that real investors are thrown to the wolves.
That is different from the past how?
Hint: Look up stock market trading practices during the roaring 20's.
The stock markets are capitalism red in tooth and claw. There is far more regulation and control now than there has been historically. That plus the rise of the large mutual fund groups has (cf Vanguard. $2T AUM) have made it a reasonable place for long term individual investors at the same time it allows for rapid price discovery.
Individuals who overcome the typical bad decision making process driven by market psychology can do well (since 1800 the average return on assets in the NYSE is 8%). However like anything in life success takes study and work. You can starthere.
How are you anonymous when you have all sorts of documents that trace every major aspect of your life, starting with your birth certificate and ending with your headstone? You aren't even anonymous after death.
Sorry, but Ayn Rand had some interesting ideas, but this is NOT one of them.
That seems rather wrong to me. Civilization is defined as the development of the city, along with writing and a shared ceremonial center.
Cities clearly require interaction between people on a larger scale than in a pre-civilized culture. With that larger scale goes loss of anonymity across that larger scale.
While in a band man is only known by other men in the band, and that's it. On a global civilization connected by the internet the scale is the planet.
There is no such thing as 4K content outside some very specialized equipment. It's either upscaled in the player, or mislabeled BS such as Ghost Busters which is remastered in a 4K environment then downrezzed when packaged.
It also does little good to have a 4K TV unless you sit unusually close for the given screen size. Most people sit too far for even 2K.
I've used many of the above. Here are some comments (the first four are free):
1. Git - really capable tool, with opaque command model. Maybe not for newbs. Managers hate using it (one reason to like it). Has good cloud support with GitHub.
2. Mercurial - pretty easy to use. Great if your projects don't have large binary files. It's a good introductory decentralized repo tool.
3. Subversion - pretty good if you want a centralized repo.
4. CVS - your father's version control system. Still way better than not having version control.
5. ClearCase - good in the hands of a ClearCase specialist. Would not be my choice for a small team of version control newbs.
6. VSS - My experiences with it were not good. I hear it's improved. I'd look at it ONLY if I was in a Microsoft only shop.
I replaced my old 60" rear projection set with a newer 70" set last year.
It was a significant improvement to get a larger size and direct view. It also uses a lot less energy.
So I'd say if you are going up 10" in size or swapping some kind of rear projection technology for a direct view it's likely to give an appreciable improvement.
Slashdot Mirror
The economy is doing fine. GNP has been growing at a 2% rate for the past 5 years.
The problem is that this doesn't require the entire working age population to have jobs, only 60% or so.
In 10 years it may be 50%.
The result of this process is continual concentration of wealth. Recent published statistics show 95% of the economic growth in the past 3 year was garnered by the top 1% of the population.
The idea that everyone needs to have a full time job is just not practical any more. The concentration of wealth at the top we have is a threat to democracy.
It seems to me we are at a real watershed.
It would be hard to fake the SHA-256 fingerprints though.
Because national security letters can only be used to request information.
There is a mall near me that now has license plate scanners on the entrances and exits.
The justification the local police gave was terrorism. Well excuse me but when is the last time terrorists attacked a mall? What kind of idiot terrorist is going to drive his own car to the mall?
http://nj1015.com/freehold-raceway-mall-installs-license-plate-scanners-privacy-intrusion-or-necessary-security-tool-poll/
Verizon has to make mammoth capital outlays before they will get any customers.
I don't think PPV for web sites makes much sense.
BUT I can see Verizon chomping at the bit regarding video streaming. It competes against their cable offering and their own PPV, and uses their infrastructure in an expensive way, for free. QoS for the web and QoS for Netflix streaming are two completely different ballgames.
Taxing transactions is one of the most moronic ideas in human history. Financial markets are fungible and global beyond almost anything else. All it will take is one country looking to add to it's GNP and ALL markets will move there.
France has been pushing this. If they ever implement it will provide an interesting object lesson in dumb.
Ultimately the fact is that HFT is self-defeating. Once you implement it competition between the robots will eventually eliminate all financial gain through HFT. It's already happened to a large extent.
http://www.businessweek.com/articles/2013-06-06/how-the-robots-lost-high-frequency-tradings-rise-and-fall
Nonsense. Corporations are owned by people. They don't exist in a vacuum. Almost everyone in America, through pension plans, personal savings, or state bond issues has an investment in financial markets.
People, like me, who invest in the stock market benefit tremendously through high levels of liquidity.
When I go online and place an order to sell stock, and see that order filled in a fraction of a second at exactly the quoted price (with bid-ask spreads on the order of one cent) I really do appreciate having this liquidity.
Ridiculous.
Human beings are FAR more corrupt than any machine could be.
I remember my father having to place stock orders over the telephone. The prices for this process were horrific compared to modern practices. Plus you got much worse execution and bid-ask spreads.
The fact is the advantages of HFT are being worked out of the market and volumes are declining. Profit is being wrung out of the system. A few minor tweaks to the regulations (say imposing a 100 millisecond order delay) is all that one should even consider.
The fact is the robots are losing money now.
http://www.businessweek.com/articles/2013-06-06/how-the-robots-lost-high-frequency-tradings-rise-and-fall
The problem is our markets (brokers, agents, order processing and the floor) are set up in a way so that real investors are thrown to the wolves.
That is different from the past how?
Hint: Look up stock market trading practices during the roaring 20's.
The stock markets are capitalism red in tooth and claw. There is far more regulation and control now than there has been historically. That plus the rise of the large mutual fund groups has (cf Vanguard. $2T AUM) have made it a reasonable place for long term individual investors at the same time it allows for rapid price discovery.
Individuals who overcome the typical bad decision making process driven by market psychology can do well (since 1800 the average return on assets in the NYSE is 8%). However like anything in life success takes study and work. You can starthere.
Unfortunately the French Revolution was very indiscriminate.
see: Antoine Lavoisier
Nope. Lots of fatal accidents result in no charges. Are you going to charge a driver for hitting some idiot trying to cross a road illegally?
https://www.piersystem.com/go/doc/2155/1883126/
Corporations always indemnify directors and officers for actions they take on behalf of the corporation.
Otherwise NOBODY would accept such a position.
The previous version (458 Italia) gets 17.7 mpg.
Probably not at 202 mph though.
How you get so big eating food of this kind?
How are you anonymous when you have all sorts of documents that trace every major aspect of your life, starting with your birth certificate and ending with your headstone? You aren't even anonymous after death.
Sorry, but Ayn Rand had some interesting ideas, but this is NOT one of them.
That seems rather wrong to me. Civilization is defined as the development of the city, along with writing and a shared ceremonial center.
Cities clearly require interaction between people on a larger scale than in a pre-civilized culture. With that larger scale goes loss of anonymity across that larger scale.
While in a band man is only known by other men in the band, and that's it. On a global civilization connected by the internet the scale is the planet.
There is no such thing as 4K content outside some very specialized equipment. It's either upscaled in the player, or mislabeled BS such as Ghost Busters which is remastered in a 4K environment then downrezzed when packaged.
It also does little good to have a 4K TV unless you sit unusually close for the given screen size. Most people sit too far for even 2K.
I hope so.
The history of 3D is that it goes through a resurrection every generation or so and then fades away.
I've used many of the above. Here are some comments (the first four are free):
1. Git - really capable tool, with opaque command model. Maybe not for newbs. Managers hate using it (one reason to like it). Has good cloud support with GitHub.
2. Mercurial - pretty easy to use. Great if your projects don't have large binary files. It's a good introductory decentralized repo tool.
3. Subversion - pretty good if you want a centralized repo.
4. CVS - your father's version control system. Still way better than not having version control.
5. ClearCase - good in the hands of a ClearCase specialist. Would not be my choice for a small team of version control newbs.
6. VSS - My experiences with it were not good. I hear it's improved. I'd look at it ONLY if I was in a Microsoft only shop.
I replaced my old 60" rear projection set with a newer 70" set last year.
It was a significant improvement to get a larger size and direct view. It also uses a lot less energy.
So I'd say if you are going up 10" in size or swapping some kind of rear projection technology for a direct view it's likely to give an appreciable improvement.
Otherwise I'd hold out for OLED.
> HDMI ports don't work particularly well.
That won't change. It's a shit design.
These people don't have carrots.
Crikey are people really this effing ignorant? READ THE ARTICLE. The rice supplies a precursor that the body converts to Vitamin A.
DUH
DUH
DUH
USE VERSION CONTROL!!!!
Git
Mercurial
Perforce
Subversion
Vesta
CVS
ClearCase
VSS
StarTeam
The choices are legion. What you are doing is not a choice.
Pick a version control system and your life will be much easier (after the learning curve).