Slashdot Mirror


User: Colin+Smith

Colin+Smith's activity in the archive.

Stories
0
Comments
6,373
First seen
Last seen
Profile
(view on slashdot.org)

Comments · 6,373

  1. It's built into banking. on Wall Street's Collapse Is Computer Science's Gain · · Score: 4, Insightful

    but with the best intentions in the world, to make sure everyone could have a goddam house.

    Oh rubbish, the only intention is to make money (literally). The debt spiral has to increase exponentially (Running at 10%+ per year) to survive. That means selling debt to exponentially more people each year. Eventually, you have to find a way to persuade everyone to take on debt. How?

    Tulips?
    http://en.wikipedia.org/wiki/Tulip_mania

    A good time had by all; The Roaring Twenties?
    http://en.wikipedia.org/wiki/Roaring_Twenties

    This time it was housing in America. In fact, it's irrelevant. The real cause is the fundamental nature of bank credit. When you take out a loan, new money is created, this new money "boosts" the economy, the stock markets. It's really mostly inflation. But along with the money, which doesn't change, you also get debt, which increases exponentially. So there is a boom which has to be followed by a bust, the longer the boom, the bigger the bust and to continue the boom, more and more people have to take out new loans... Remind you of anything?

    Eventually you run out of people... And it crashes anyway... You even read about it in the newspapers, they're giving loans to people who have no income... WTF? ... If you've read any Austrian economics, you can see the crash coming a mile off.

     

  2. Oh, I'm sorry... on How Close Were US Presidential Elections? · · Score: 1

    You didn't realise it was a landslide ? 98% for the incumbent...

     

  3. Re:Too bad they didn't address the basics first on Saudi Arabia Begins To Realize Supercomputer Ambitions · · Score: 1

    The only purpose of a country is to treat its citizens right

    Um... Most countries came about because one particularly bloody family killed off all their competition and expanded into their territory.

    I suggest you take a short look at world history.

     

  4. Re:It's about time! on Oracle To Sell Database Hardware · · Score: 2, Informative

    I can tell you have vast Oracle experience...

     

  5. SmallerFasterLighter? on GNOME 2.24 Released · · Score: 1, Offtopic

    Hmmmmm?

     

  6. Write your code backwards on Clean Code · · Score: 1

    It's much easier to write parallel code that way.

     

  7. Copy a file or a billion on The Thirteen Greatest Error Messages of All Time · · Score: 0, Troll

    And Windows still blue screens on you. Poor thing...

    They should associate a wav of a Microsoft engineer's whimpers in the face of Balmer.

     

  8. The users aren't qualified to make these decisions on Popup Study Confirms Most Users Are Idiots · · Score: 3, Insightful

    And frankly they shouldn't have to be. I have no idea why developers seem to think they should/are. Fail safe and log it so someone who does understand what's happening can make an alternative choice.

     

  9. Re:$40,000,000,000 on Microsoft To Buy Back $40bn of Its Shares · · Score: -1

    Yeah, but MS isn't a mutual fund - they should concentrate on making good (or at least profitable) products and not worry about investing.

    You don't think that 40 billion might be handy for investing in the Next Big Thing? Y'know like the Internet, AI, or... Buying back your shares simply demonstrates that you have absolutely no clue where you should be taking your company.

    Buhbye MS.

     

  10. Re:$40,000,000,000 on Microsoft To Buy Back $40bn of Its Shares · · Score: 0, Offtopic

    It's also putting all your eggs in one basket, so a single really big problem (like Linux, Open Document Format, or Google) could wipe out virtually all of your money at once.

     

  11. It's just that all current OS's are lacking on Inside VMware's 'Virtual Datacenter OS' · · Score: 4, Insightful

    Except from IBM of course.

    vmware is simply the logical extension of what the OS should be doing anyway.

    or put another way.

    Those who don't buy IBM kit are condemned to reimpliment (badly, and for the rest of their lives) what IBM have been doing for decades.

  12. Re:Here's a clue on Data Centers Crucial To Lehman Sale · · Score: 1

    So?

    Ok, so you aren't able to work out the implications.

    One of the implication is that to service the existing debt, the number of people taking out loans, creating new money must always expand, and the numbers must expand exponentially.

    This means that under the existing system, there must always be an exponential boom which is then followed by a collapse as some limit is reached. This is built in to the system.

     

  13. Here's a clue on Data Centers Crucial To Lehman Sale · · Score: 2, Interesting

    y = (1 + x)^N

    It's the function which describes the growth of a debt due to interest.

    Here's the function which describes the growth in the money created at exactly the same moment, when the loan is taken out.

    y = x

    You notice one is exponential, the other isn't in fact growing at all.

    That is the Fractional Reserve Banking based monetary system. I'll let you work out the implications.
     

  14. Here's the deal on Breakthrough In Use of Graphene For Ultracapacitors · · Score: 5, Insightful

    Human resource usage expands to consume all available resource...

    That is the history of humanity in one sentence. In fact, it can be generalized to all life.

     

  15. We haven't managed it in real life... on Berners-Lee Wants Truth Ratings For Websites · · Score: 2, Insightful

    i.e. a universal reputation system is a hard problem.

    Today, we use brands for that.

     

  16. Re:That's pretty damning for the CIA and Bush admi on 10 Years of Translated Bin Laden Messages Leaked · · Score: 4, Insightful

    why?

    You don't think Peak oil, the fact that the US Dollar is an oil backed currency and the profit, and power that will give to those who control it is enough reason?

    You need to take a long hard look at the kind of people running America... And i don't mean the puppet figurehead who is in place.
     

  17. So... Don't buy one on Users Report Faulty WPA In 2nd-Gen IPod Touch · · Score: 2, Insightful

    Problem solved.

     

  18. Re:Optimization on Server Optimization For Newbies? · · Score: 1

    Optimization is about finding bottlenecks and then using the scientific method.

    10 years later ...

     

  19. Put them on a separate guideway. on Researchers Test Drive Bus With Automated Steering · · Score: 1

    Isolate them from people. Remove the unpredictable.

    http://www.ultraprt.com/heathrow.htm

     

  20. Re:Hardly off topic on Scientists Test World's Fastest Wireless Network · · Score: 1

    Sure, but to do that you have to be able to sell millions of the things. For FSO, the market just isn't that big. How many people need to network buildings which are = 1.2km apart? The fact that there aren't FSO devices sitting on best Buy shelves beside the wireless routers speaks volumes.

     

  21. Hardly off topic on Scientists Test World's Fastest Wireless Network · · Score: 1

    Ronja is pretty much on topic. http://ronja.twibright.com/

    From their FAQ:

    Material for one Ronja 10M Metropolis device costs 2000CZK and building the device takes 70 hours.

    2000CZK; about $120. 70 hours though is even at minimum wage ($6.55) $500 or so. You need two of them, so really a minimum of $1,240 in costs. Then add markup, even here the devices are going to cost $2,500 just for the hardware to set up a link, add consultancy, site surveys and you're into the same ballpark as the existing commercial FSO providers.

    What is off topic though, the fact that same bunch of people seem to have largely solved the problem of archiving data for 500 years. Possibly longer if vellum were used.

    http://ronja.twibright.com/optar/

    another tool along the same lines
    http://ollydbg.de/Paperbak/index.html

    Course, the first 100 pages of any archive would have to be the ascii source code of the application to read the data encoded on the last page.

     

  22. Re:Great on Google Unsure About Letting Users Vote On Search · · Score: 1

    Get thousands of slashdotters to remove it and we could change the results!

    Sure, for the thousands of slashdotters who participate.

     

  23. HP is irrelevant on HP May Be Developing Its Own Version of Linux · · Score: 1

    The only reason you'd buy Linux systems from HP is if you are already an HP shop and need the badges to line up.

     

  24. Re:Great on Google Unsure About Letting Users Vote On Search · · Score: 2, Informative

    Great.

    They'll be removed for you, and nobody else. The great thing about collaborative filtering is that people who try to game the system, simply game themselves into a niche.

     

  25. You mean you use your real ID? on One In Five Employers Scan Applicants' Web Lives · · Score: 5, Funny

    You don't think this is my real name do you?

    No, this is the name of my mortal enemy.