Instead of "Security through obscurity", we now have "Security though obsolescence."
Actually, obsolete is in the eye of the user. Sure, you wouldn't want that as a computer you use for watching videos; but if it reliably does its designed job than it is not obsolete. Old hardware has an advantage; it has been tested and debugged and known to work as planned. Replacing it would involve a lot of work for little gain if the old stuff works; and you run the risk of introducing new bugs and problems that could cause serious problems. A system designed today probably wouldn't rely on ancient hardware; however as long as you can keep it working replacing it is neither cost nor operably beneficial. Security is an added benefit.
Has anyone ever won who wasn't first? Has anyone ever cloned a technology and defeated someone who was first?
Microsoft.
Excellent example. Let's also not forget Ampex, Palm, VisiCalc... Oh wait, most people have already forgotten them because someone else took their idea and made it big..
Is they have to say something and generally follow the herd because that way they are either right or can say everyone else was wrong too. The tablet market has matured a bit and it is true Apple has made mostly incremental changes to the iPad recently. If you consider that expensive tech has a longer replacement cycle and new buyers have more options it isn't surprising sales slowed. At some point, Apple will need to come up with some killer features to boost replacement and new sales. They could make the iPad really useful for note taking by building APIS to support stylus and HWR, for example.
Move to the country, I had shop in high school available all the way from woodworking and drafting to metal working to engine repair. Granted, that was about 10 years ago, but so far as I know the classes are still offered (they were quite popular when I was there).
It is a shame those classes have fallen by the way side. My drafting, metalworking, welding and other shop classes were very useful as an engineer. Unfortunately I had to fight to take them because "you'll never go to college if you didn't take all college prep classes." Somehow I managed to do alright through undergrad and grad school; and I can actually build and fix things around the house and on my car.
'When customers have the opportunity to reduce their use of a product or find another provider of such service, utility earnings growth is threatened," the report said. "As this threat to growth becomes more evident, investors will become less attracted to investments in the utility sector.''
Suck it up princess!
I know you're going to fight tooth and nail to get legislators to protect your business model but the writing is on the wall. Feel free to look up buggy whip manufacturers if you want to see how this story is going to end in the long run.
Oh, and if you think we, the public, are going to feel any sympathy for you as your business model gets replaced by newer and better technology, trust me when I say you're wrong. No sympathy. Adapt or die.
I know you think legislate or die are the options on the table but I assure you, it's adapt or die.
Fair enough, but then the utilities need to be freed from the requirement to meet all demand. As a regulated provider, they need to build and maintain plants to meet anticipated demand. Let them price based on supply rather than set rates. Of course, then ratepayers (voters) scream about prices. Of course, you could do what California did and deregulate supply but force distribution to meet all demand at fixed prices while buying at spot; which was set at the last spinning supply cost. Of course, taut simply drives distribution into bankruptcy. in th need, the problem is legislatures define the business model and utilities have to live with it.
Check bulletin boards for group meetings, companies doing recruiting presentations and see if they have food. I sat through a lot of boring meetings and presentations as a grad student in payment for free eats. A little searching can find a number with food, and offering to help cleanup afterward often scores leftovers. Some organizations routinely provide food as well, the student paper, for example, always had pizza when putting an edition to bed. Join them, not only do you get to eat but have fun and learn something as well. Volunteering to help at events with food is another way to eat free.
I've long thought that it would be good if cargo ships were automated and/or remote controlled. Piloting cargo ships ought to be relatively easy compared to remote piloting drones in combat.
Many are. You set Iron Mike on a course and speed and he follows it. You still, however, need someone on watch to watch for and deal with the inevitable unexpected situation.
This is one of the most often repeated misunderstandings in aviation: the vast majority of crashes is caused by pilots, so we should replace them with automation since that's much more reliable. Errr... no, not by a long shot.
Many good examples snipped
It's certainly a good thing that Darpa is trying to make aircraft automation more reliable, but right now pilots are still by far the most important asset for the safety of an airplane.
You make a number of good points. Automation is great when everything is going well; the biggest problem then with automated systems is boredom or an unwillingness to use the system because they didn't chose that career to simply sit back and watch gauges. Automated systems, when everything is working as planned can often do better than a human imply because they can take many more inputs and respond to them than a human.
However, when sensors start sending conflicting information automated systems start having troubles. They can be designed to ignore signals based on rules but they cannot analyze the situation and decide what is the correct course of action; nor can they take unexpected actions that may correct the problem but were not considered by the system designer or that break the rules set by the designer. The problem then becomes the interface between the operator and the machine. How do you present information and train operators how to respond? Pilot error, or operator error in other industries is often the result of a poor interface coupled with inadequate training that leaves them with a system that cannot respond and unsure of what to do to correct things. Pilots and operators sometimes do boneheaded things that cause accidents; but more often they are lead down a path by systems that fail to provide information in ways that support, rather than hinder, decision making. Years ago when I worked on some control room designs I used some work form the aviation industry that was looking at the questions "Are we giving pilots to much information to help them make decisions in an emergency?" and "Is automation driving confusion in the cockpit?" Questions I found interesting, as both a pilot and industrial plant operator who was now involved in designing the next generation control room. The challenge there was to convince the designers we didn't need more information but better information. Having a thousand gauges, sometimes displaying conflicting information, in an all glass control room didn't help me in an emergency, it just added to the confusion at a time when I needed a half dozen parameters, that I knew were accurate, to decide what to do to deal with the emergency.
In the end "pilot (or operator) error often means "poorly designed system and inadequate training lead the poor person at the controls down the primrose path.
Of course, if someone did that to Apple nearly 20 years ago when the stock was in the toilet but they still had a pile of money they would've pretty seriously screwed themselves. Not saying it's never a right choice to do that but it's not always right either.
true, but they are not in it for the long run. They want to make as much as possible today and move on to the next target. It's not so much whether it is the right or worngthing but "can I make enough money doing this instead of something else?"
Except of course that individual current owners of Yahoo would see that the investors would get a 25% return and figure other people would sell at market and they could hang on to their shares for a while to get a chunk of the 25%. The investors would effectively have to pay a portion of the premium. They would also have to deal with the risk that they put the whole deal together and then someone jumps in and buys out Yahoo for a tiny bit more or that Yahoo directors tank the value through poison pills or other actions in response to their attempt.
Yea, theres a lot of risk in such a move. But an investor need nobly buy enough to force the issue with the board.If someone else pays a premium over what they'd get then they'd happy dump their shares. After all, the name of the game os making money not what is best for Yahoo.
Or the board members are more interested in keeping their jobs than in representing the interests of the shareholders. Right now, Mayer is considered a genius for doubling Yahoo's stock price. But if she spun off the holdings, it would be much more obvious that the price run-up was due to factors beyond her control, and that the core business, that she does control, has plummeted in value. It is in her interest to keep the merry-go-round spinning.
Which it is why an outside inverter or group of investors need to buy enough to force the boards hand; which usually only happens if a few board members are replaced. This type of change needs to be driven by outsiders who stand to make a boatload of money by changing the fundamentals of the company; however they first need to be convinced that the breakup is financially more lucrative than as an ongoing single concern.
Let me explain the math: Yahoo has a market cap of about $40B. Yahoo's stakes in Alibaba and Yahoo-Japan are worth a combined $53B. So the $-13B is the value of Yahoo's core business. If they liquidate or spin off the holdings, that would generate $53B in cash, which could be returned to shareholders. Then, even if the stock price drops to zero (it cannot go lower), $13B in value has been created.
In that case, it would be worth it for some deep pocket investors to gain control of the board and drive a split-up.They'd get a 25% return for it; that they haven't may mean either no one can put together a del enough set of pockets to be able to force a breakup or they rely don't think there is such a premium.
I used to work for a biotech company. After we went public our stock did nothing but sink. There was a period of time where our total value was substantially less than our cash in the bank. In other words, a pile of money in the hands of our management was worth less than the same pile of money just sitting on a table. I tended to agree with the market on that one.
That's when you do an LBO, liquidate the company and pocket the difference.
gets all the propaganda and the middle fingering towards the US he need's, Snowden is done. Putin wil probably use him as a giff to the US.
True. Putin is very good a looking out for Putin and surviving. Right know, Putin can hold the specter of a trail and imprisonment over him as motivation to do what he is told. As long as Snowden is useful to Putin he'll be kept around and trotted out like a show pony. Once having him around is a liability or Putin can use him to achieve some more important end Snowden will be cut lose. Putin could simply decide to "follow Russian law" and deport him. Snowden is only safe in Russia as long as he is valuable and given his propensity to become disillusioned or get angry if he is not viewed as valuable he may very well wear out his welcome as well. Make no mistake, Putin has nothing but disdain for Snowden but since he is useful he keeps him around.
You could, for example, send all links on one page and have that be signed.
Since we don't know exact details, it's possible that the official wording was something like "each link has to be individually approved".
Even if that wasn't the case, with 400 or so new links per day, that would be 5-8 pages depending on font size, margins, etc. Sure, the powers that be could just rubber-stamp the process without actually reading and investigating each link, but then what happens when one of links is an issue (points to porn, material copyrighted by big media, etc.)? Before, they could just write it off as a mistake by some low-level web coder. With the signature of the vice-chancellor on it, it pretty much becomes officially endorsed by the university.
True, but who is really going to investigate each and every link? That would be a full time job. My guess is that someone though "if chancellor approval is needed people will be careful about where they link..." when in reality nobody worries about that and now have official OK for the link as a CYA. Which is why I think providing a list of the links requiring approval and asking "do you really want to do this?" and suggesting letting Departments approve them on their own, holding them accountable for what they approve, and running spot checks for obvious problems is a better solution then becoming a PITA.
How is it his job to come up with the better solution? It was a legal/paperwork issue, not a technical one. If the Vice Chancellor and lawyer did not want to sign all that paperwork, they were the ones who needed to offer up the alternatives.
Perhaps because offering a solution to a problem rathe than just being a PITA in hope sit will go away is the professional thing to do? When someone just brings up issues without offering solutions it quickly becomes apparent they are not capable of the level of thinking needed to advance. They may be good at what they do but that's all they'll ever do; that may not be fair but it's the reality of most workplaces.
So... the business made a stupid decision, and when they realised the error of their ways, rather than trying to reach agreement on the best way forward, you delighted in rubbing their noses in it, using processes designed to protect you to hurt your employing organization instead.
If he had said.. "OK.. sure I'll stop sending you those 400 pages of paper per day", then the policy would still have been left in place, and sometime win the future his employer could have used his inability to follow policy as an excuse to ream him over. Yes its CYA, but some employers are not above using any tool at their disposal to justify their actions.
Only by being a genuine PITA does the stupid police get removed, rather than ignored until convenient.
While what you say is true, it is not necessarily the best way to deal with stupid policies. In the end, the PITA gets remembered long after the stupid policy is forgotten; all people know is someone was a PITA and eventually will be made to pay for it. You could, for example, send all links on one page and have that be signed. After a few were signed its's time to broach the "is there a better way to do this" argument. Malicious compliance with rules generally results in pissing people off and payback at some future point; it can even be fun watching the PITA get a taste of their own when the opportunity arises.
However, disproving that doesn't prove the opposite, i.e. that mass gun ownership reduces gun deaths or stops crime.
No, it doesn't, and I never said it did. I was just attacking a common talking point for the anti-gun crowd.
Just as I was pointing out flaws in a common pro-gun talking point.
Their gun related suicide rate is one of the highest in Europe.
Well that's no surprise. I'm surprised actually that it isn't the highest in Europe. Maybe the good economy (versus places in Eastern Europe) makes less people suicidal. But is the rest of Europe suicide-free? What are the rates, after you add together both successful and unsuccessful suicides? Having a gun available just makes it more likely you'll succeed; other methods aren't generally as sure-fire (pardon the pun).
The evidence seems to point to reducing the availability of guns tends to lower the suicide rate in those most prone to use a gun to commit suicide; it seems suicide is an act of the moment and a gun gives you, as you point out, a sure fire way to succeed.
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One common argument made for gun ownership is criminals such as burglars won't break into a house with an armed owner yet burglaries are rising in Switzerland.
Burglars, by definition, are people who avoid confrontation. They look for patterns, to see when a house is unoccupied, and break in then so they can steal loot. The people steal face-to-face are called "robbers", or possibly "home invaders". Are there a lot of home invasions in Switzerland? I suspect not. Lots of places have relatively high property crime rates (or just petty crime), with very low violent crime rates.
Again, I am pointing out a common flaw uncommon pro-gun arguments; i.e. burglars won't break into house where they fear an armed owner.
Personally, my experience with guns has me view them simply as a tool. I am not fascinated by them nor do I fear them. They can serve a useful purpose if used properly. I also think there needs to be a middle ground, much as Switzerland has found, between the two camps although I doubt that will ever happen.
In the mean time I find the arguments made by both sides to take great liberty with the facts when making their case; and find it ironic that the NRA and most gun shops will not allow someone to take a loaded gun inside. I like to bring that up when someone goes off the deep end and ask "If more guns make you safe would;t they want armed people where they work?" just as I ask the rabid anti gunner "If you were about to be murdered wouldn't you want to be able to defend yourself?" Then again, sometimes it is just fun to kick the hornet's nest.
I recall one while I lived there where their was a shooting over a girlfriend;
"A shooting over a girlfriend" does not sound like a "shooting spree" to me, one in which dozens of people are killed. Was this a mass-murder that started as some crime of passion, or was this just someone shooting some other person or two? Murders happen everywhere; if someone used a fully-automatic rifle in an angry rage over a girlfriend, and only killed one or two people (girlfriend and her new boyfriend?), that's not exactly an indictment of automatic weapons. Anyone could easily do the same with a kitchen knife.
Well, there also was the mass shooting (with a SIG) of 14 people at a cantonal meeting as another example.
Anyway, yes, their rules are different, but that wasn't my point. My point was that one of the main arguments trotted out by the anti-gun crowd is that proliferation of weapons necessarily leads to huge number of gun deaths. Switzerland disproves that.
However, disproving that doesn't prove the opposite, i.e. that mass gun ownership reduces gun deaths or stops crime. Most of the gun deaths in Switzerland are from suicides or domestic violence.Their gun related suicide rate is one of the highest in Europe. One common argument made for gun ownership is criminals such as burglars won't break into a house with an armed owner yet burglaries are rising in Switzerland. My point is that Switzerland is not a good example for the argument greater gun ownership is good (or bad) since there are so many other factors at play that to focus on one is misleading.
Another interesting point is the Swiss seem to seek compromise on gun control issues such as limiting ammunition ownership, the need to have a permit to buy or carry a weapon, severely restricting the right to carry in public, even to the point of not giving reservists ammo for storing at home for their military issue weapons.
Personally, I'd be happy to adopt the Swiss model. Considering the country is at #1 or #2 for the highest standard of living in the world, they're obviously doing things right. However, there's no way we could just adopt their laws wholesale, because we don't have to right culture to make that stuff work here. The reason countries like Switzerland and the Scandinavian countries are so great is because of their cultures; their laws and policies are a byproduct of that.
Yes, they have regulations, but they also have easily-available automatic rifles everywhere. Yes, it's illegal to actually walk around in public with a loaded rifle (unloaded is perfectly OK), and it's illegal to open your government-issued box of ammunition unless you've been authorized to, however if someone wanted to go on a shooting spree, that's not going to stop them. The anti-gun people always make the claim that easily availability of high-powered guns is what drives gun crimes. However, here in the US, we do NOT have easy access to automatic weapons; our AR-15s are all semi-automatic. In Switzerland, most houses have a fully-automatic assault rifle, plus ammunition. If you don't have one, it'd be easy to break in and steal one. Despite that, when was the last time you heard of a shooting spree in Switzerland? Never.
Actually, they have. I recall one while I lived there where their was a shooting over a girlfriend; but I will admit it is rare. However, if you want to adopt the Swiss model lets add universal registration of all weapons, severe penalties for carrying one in public unless you are on reserve duty, mandatory registration with the police in your place of residence, and universal healthcare. Somehow, most of the folks I know who point out Switzerland as a good reason for gun ownership aren't willing to really adopt the Swiss model.
One important but often overlooked point in the WS article is how special education classes are setup. As the WP points out, in addition to kids who really need help they become dumping grounds for behavioral problems; as a result teachers have to teach and deal with troublemakers and the administration simply expects them to deal with it.
A lot of the times the kids with behavioral problems also have learning problems. Most or all of the bullies I encountered in school were on the low end of the intelligence bell curve and did not do well in class. Should a child not get an education just because they have behavioral problems? Sure, the kid might be an asshole but usually it is because his parents are assholes, not because of some asshole gene. Strict discipline is important for these students as they likely are not getting that at home but if they need remedial help they should receive it.
Certainly, but in an appropriate environment; not just thrown into special ed because it is a convent dumping ground. In addition, if their behavior disrupts and threatens others then they should be removed and learn there are consequences for their behavior and it will not be tolerated. Unfortunately, many of them can get away with it and thus do not modify their behavior.
One important but often overlooked point in the WS article is how special education classes are setup. As the WP points out, in addition to kids who really need help they become dumping grounds for behavioral problems; as a result teachers have to teach and deal with troublemakers and the administration simply expects them to deal with it. So, instead of addressing the problems schools simply ignore them; especially since actually taking action and expelling the kid or moving them to a school designed to deal with troublemakers is a long and difficult process. If the teacher is lucky they can document the problems and get the kid kicked out of school or if they are an out of district kid, give them so much work to do that they decide to go back to their original school. No wonder many special ed teachers tell young kids who want to do that to do anything but teach special ed; and the kids who really need help suffer because teachers spend far too much time dealing with troublemakers.
You have basically everything backwards here.
Netflix is not the comcast customer. Netflix pays their own ISP for their bandwidth already.
True, but Netflix is paying Comcast for a specific level of service. Absent that Comcast has no requirement to ensure Netflix can deliver a decent level of service.
It's not Netflix which is using all this bandwidth on comcasts network - it's comcast customers who are using it. And they already paid for it.
No, they paid for a maximum bandwidth, not a minimum one. That sucks, but that is what Comcast customers are buying.
Comcast wants to bill twice. I am sure they would bill 20 times if they could get away with it.
And they are the 800lb gorilla with an effective monopoly position in many markets and no scruples whatsoever. Netflix folded to extortion, and the precedent is certainly not one that will benefit any users, unless it's the users that are also comcast stock owners.
Unfortunately, Comcast's only duty is to maximize its stockholders value.
That said, I've contended for a long time that the looming battle is over the last mile. As Apple and others build up content libraries they will become viable alternatives to cable. As content producers become more willing to make content such as TV shows available shortly after broadcast, at reasonable prices, they will draw in more cable cutters since people are already accustomed to time shifting. I could see a model where you can buy a free or watch ones with ads for free. As people shift the cable companies will look to profit more from the internet pipe - I see tiered services for data amounts as well as speeds becoming more prevalent. Right now, cable is too important for content producers to make stuff readily available on competing services; but as the $$$ potential form them grow they will embrace them. There is no loyalty that 1$ more profit can't overcome.
Instead of "Security through obscurity", we now have "Security though obsolescence."
Actually, obsolete is in the eye of the user. Sure, you wouldn't want that as a computer you use for watching videos; but if it reliably does its designed job than it is not obsolete. Old hardware has an advantage; it has been tested and debugged and known to work as planned. Replacing it would involve a lot of work for little gain if the old stuff works; and you run the risk of introducing new bugs and problems that could cause serious problems. A system designed today probably wouldn't rely on ancient hardware; however as long as you can keep it working replacing it is neither cost nor operably beneficial. Security is an added benefit.
So what you're saying is that the Vogons destroyed Flight 370?
No, just that the radios and beacons were turned off to avoid accidentally retransmitting Vogon poetry.
I'd say that needing regular adjustments (every other month at least) falls under "doesn't function all that well".
So a smart watch "falls under 'doesn't function all that well'"since it requires regular and frequent charging or else it doesn't keep accurate time.
Microsoft.
Excellent example. Let's also not forget Ampex, Palm, VisiCalc ... Oh wait, most people have already forgotten them because someone else took their idea and made it big..
Is they have to say something and generally follow the herd because that way they are either right or can say everyone else was wrong too. The tablet market has matured a bit and it is true Apple has made mostly incremental changes to the iPad recently. If you consider that expensive tech has a longer replacement cycle and new buyers have more options it isn't surprising sales slowed. At some point, Apple will need to come up with some killer features to boost replacement and new sales. They could make the iPad really useful for note taking by building APIS to support stylus and HWR, for example.
Move to the country, I had shop in high school available all the way from woodworking and drafting to metal working to engine repair. Granted, that was about 10 years ago, but so far as I know the classes are still offered (they were quite popular when I was there).
It is a shame those classes have fallen by the way side. My drafting, metalworking, welding and other shop classes were very useful as an engineer. Unfortunately I had to fight to take them because "you'll never go to college if you didn't take all college prep classes." Somehow I managed to do alright through undergrad and grad school; and I can actually build and fix things around the house and on my car.
'When customers have the opportunity to reduce their use of a product or find another provider of such service, utility earnings growth is threatened," the report said. "As this threat to growth becomes more evident, investors will become less attracted to investments in the utility sector.''
Suck it up princess!
I know you're going to fight tooth and nail to get legislators to protect your business model but the writing is on the wall. Feel free to look up buggy whip manufacturers if you want to see how this story is going to end in the long run.
Oh, and if you think we, the public, are going to feel any sympathy for you as your business model gets replaced by newer and better technology, trust me when I say you're wrong. No sympathy. Adapt or die.
I know you think legislate or die are the options on the table but I assure you, it's adapt or die.
Fair enough, but then the utilities need to be freed from the requirement to meet all demand. As a regulated provider, they need to build and maintain plants to meet anticipated demand. Let them price based on supply rather than set rates. Of course, then ratepayers (voters) scream about prices. Of course, you could do what California did and deregulate supply but force distribution to meet all demand at fixed prices while buying at spot; which was set at the last spinning supply cost. Of course, taut simply drives distribution into bankruptcy. in th need, the problem is legislatures define the business model and utilities have to live with it.
Check bulletin boards for group meetings, companies doing recruiting presentations and see if they have food. I sat through a lot of boring meetings and presentations as a grad student in payment for free eats. A little searching can find a number with food, and offering to help cleanup afterward often scores leftovers. Some organizations routinely provide food as well, the student paper, for example, always had pizza when putting an edition to bed. Join them, not only do you get to eat but have fun and learn something as well. Volunteering to help at events with food is another way to eat free.
I've long thought that it would be good if cargo ships were automated and/or remote controlled. Piloting cargo ships ought to be relatively easy compared to remote piloting drones in combat.
Many are. You set Iron Mike on a course and speed and he follows it. You still, however, need someone on watch to watch for and deal with the inevitable unexpected situation.
This is one of the most often repeated misunderstandings in aviation: the vast majority of crashes is caused by pilots, so we should replace them with automation since that's much more reliable. Errr... no, not by a long shot.
Many good examples snipped
It's certainly a good thing that Darpa is trying to make aircraft automation more reliable, but right now pilots are still by far the most important asset for the safety of an airplane.
You make a number of good points. Automation is great when everything is going well; the biggest problem then with automated systems is boredom or an unwillingness to use the system because they didn't chose that career to simply sit back and watch gauges. Automated systems, when everything is working as planned can often do better than a human imply because they can take many more inputs and respond to them than a human.
However, when sensors start sending conflicting information automated systems start having troubles. They can be designed to ignore signals based on rules but they cannot analyze the situation and decide what is the correct course of action; nor can they take unexpected actions that may correct the problem but were not considered by the system designer or that break the rules set by the designer. The problem then becomes the interface between the operator and the machine. How do you present information and train operators how to respond? Pilot error, or operator error in other industries is often the result of a poor interface coupled with inadequate training that leaves them with a system that cannot respond and unsure of what to do to correct things. Pilots and operators sometimes do boneheaded things that cause accidents; but more often they are lead down a path by systems that fail to provide information in ways that support, rather than hinder, decision making. Years ago when I worked on some control room designs I used some work form the aviation industry that was looking at the questions "Are we giving pilots to much information to help them make decisions in an emergency?" and "Is automation driving confusion in the cockpit?" Questions I found interesting, as both a pilot and industrial plant operator who was now involved in designing the next generation control room. The challenge there was to convince the designers we didn't need more information but better information. Having a thousand gauges, sometimes displaying conflicting information, in an all glass control room didn't help me in an emergency, it just added to the confusion at a time when I needed a half dozen parameters, that I knew were accurate, to decide what to do to deal with the emergency.
In the end "pilot (or operator) error often means "poorly designed system and inadequate training lead the poor person at the controls down the primrose path.
Of course, if someone did that to Apple nearly 20 years ago when the stock was in the toilet but they still had a pile of money they would've pretty seriously screwed themselves. Not saying it's never a right choice to do that but it's not always right either.
true, but they are not in it for the long run. They want to make as much as possible today and move on to the next target. It's not so much whether it is the right or worngthing but "can I make enough money doing this instead of something else?"
Except of course that individual current owners of Yahoo would see that the investors would get a 25% return and figure other people would sell at market and they could hang on to their shares for a while to get a chunk of the 25%. The investors would effectively have to pay a portion of the premium. They would also have to deal with the risk that they put the whole deal together and then someone jumps in and buys out Yahoo for a tiny bit more or that Yahoo directors tank the value through poison pills or other actions in response to their attempt.
Yea, theres a lot of risk in such a move. But an investor need nobly buy enough to force the issue with the board.If someone else pays a premium over what they'd get then they'd happy dump their shares. After all, the name of the game os making money not what is best for Yahoo.
they rely don't think there is such a premium.
Or the board members are more interested in keeping their jobs than in representing the interests of the shareholders. Right now, Mayer is considered a genius for doubling Yahoo's stock price. But if she spun off the holdings, it would be much more obvious that the price run-up was due to factors beyond her control, and that the core business, that she does control, has plummeted in value. It is in her interest to keep the merry-go-round spinning.
Which it is why an outside inverter or group of investors need to buy enough to force the boards hand; which usually only happens if a few board members are replaced. This type of change needs to be driven by outsiders who stand to make a boatload of money by changing the fundamentals of the company; however they first need to be convinced that the breakup is financially more lucrative than as an ongoing single concern.
9 + 40 = 13? Since when?
Let me explain the math: Yahoo has a market cap of about $40B. Yahoo's stakes in Alibaba and Yahoo-Japan are worth a combined $53B. So the $-13B is the value of Yahoo's core business. If they liquidate or spin off the holdings, that would generate $53B in cash, which could be returned to shareholders. Then, even if the stock price drops to zero (it cannot go lower), $13B in value has been created.
In that case, it would be worth it for some deep pocket investors to gain control of the board and drive a split-up.They'd get a 25% return for it; that they haven't may mean either no one can put together a del enough set of pockets to be able to force a breakup or they rely don't think there is such a premium.
I used to work for a biotech company. After we went public our stock did nothing but sink. There was a period of time where our total value was substantially less than our cash in the bank. In other words, a pile of money in the hands of our management was worth less than the same pile of money just sitting on a table. I tended to agree with the market on that one.
That's when you do an LBO, liquidate the company and pocket the difference.
gets all the propaganda and the middle fingering towards the US he need's, Snowden is done. Putin wil probably use him as a giff to the US.
True. Putin is very good a looking out for Putin and surviving. Right know, Putin can hold the specter of a trail and imprisonment over him as motivation to do what he is told. As long as Snowden is useful to Putin he'll be kept around and trotted out like a show pony. Once having him around is a liability or Putin can use him to achieve some more important end Snowden will be cut lose. Putin could simply decide to "follow Russian law" and deport him. Snowden is only safe in Russia as long as he is valuable and given his propensity to become disillusioned or get angry if he is not viewed as valuable he may very well wear out his welcome as well. Make no mistake, Putin has nothing but disdain for Snowden but since he is useful he keeps him around.
You could, for example, send all links on one page and have that be signed.
Since we don't know exact details, it's possible that the official wording was something like "each link has to be individually approved".
Even if that wasn't the case, with 400 or so new links per day, that would be 5-8 pages depending on font size, margins, etc. Sure, the powers that be could just rubber-stamp the process without actually reading and investigating each link, but then what happens when one of links is an issue (points to porn, material copyrighted by big media, etc.)? Before, they could just write it off as a mistake by some low-level web coder. With the signature of the vice-chancellor on it, it pretty much becomes officially endorsed by the university.
True, but who is really going to investigate each and every link? That would be a full time job. My guess is that someone though "if chancellor approval is needed people will be careful about where they link..." when in reality nobody worries about that and now have official OK for the link as a CYA. Which is why I think providing a list of the links requiring approval and asking "do you really want to do this?" and suggesting letting Departments approve them on their own, holding them accountable for what they approve, and running spot checks for obvious problems is a better solution then becoming a PITA.
How is it his job to come up with the better solution? It was a legal/paperwork issue, not a technical one. If the Vice Chancellor and lawyer did not want to sign all that paperwork, they were the ones who needed to offer up the alternatives.
Perhaps because offering a solution to a problem rathe than just being a PITA in hope sit will go away is the professional thing to do? When someone just brings up issues without offering solutions it quickly becomes apparent they are not capable of the level of thinking needed to advance. They may be good at what they do but that's all they'll ever do; that may not be fair but it's the reality of most workplaces.
So... the business made a stupid decision, and when they realised the error of their ways, rather than trying to reach agreement on the best way forward, you delighted in rubbing their noses in it, using processes designed to protect you to hurt your employing organization instead.
If he had said .. "OK .. sure I'll stop sending you those 400 pages of paper per day", then the policy would still have been left in place, and sometime win the future his employer could have used his inability to follow policy as an excuse to ream him over. Yes its CYA, but some employers are not above using any tool at their disposal to justify their actions.
Only by being a genuine PITA does the stupid police get removed, rather than ignored until convenient.
While what you say is true, it is not necessarily the best way to deal with stupid policies. In the end, the PITA gets remembered long after the stupid policy is forgotten; all people know is someone was a PITA and eventually will be made to pay for it. You could, for example, send all links on one page and have that be signed. After a few were signed its's time to broach the "is there a better way to do this" argument. Malicious compliance with rules generally results in pissing people off and payback at some future point; it can even be fun watching the PITA get a taste of their own when the opportunity arises.
However, disproving that doesn't prove the opposite, i.e. that mass gun ownership reduces gun deaths or stops crime.
No, it doesn't, and I never said it did. I was just attacking a common talking point for the anti-gun crowd.
Just as I was pointing out flaws in a common pro-gun talking point.
Their gun related suicide rate is one of the highest in Europe.
Well that's no surprise. I'm surprised actually that it isn't the highest in Europe. Maybe the good economy (versus places in Eastern Europe) makes less people suicidal. But is the rest of Europe suicide-free? What are the rates, after you add together both successful and unsuccessful suicides? Having a gun available just makes it more likely you'll succeed; other methods aren't generally as sure-fire (pardon the pun).
The evidence seems to point to reducing the availability of guns tends to lower the suicide rate in those most prone to use a gun to commit suicide; it seems suicide is an act of the moment and a gun gives you, as you point out, a sure fire way to succeed.
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One common argument made for gun ownership is criminals such as burglars won't break into a house with an armed owner yet burglaries are rising in Switzerland.
Burglars, by definition, are people who avoid confrontation. They look for patterns, to see when a house is unoccupied, and break in then so they can steal loot. The people steal face-to-face are called "robbers", or possibly "home invaders". Are there a lot of home invasions in Switzerland? I suspect not. Lots of places have relatively high property crime rates (or just petty crime), with very low violent crime rates.
Again, I am pointing out a common flaw uncommon pro-gun arguments; i.e. burglars won't break into house where they fear an armed owner.
Personally, my experience with guns has me view them simply as a tool. I am not fascinated by them nor do I fear them. They can serve a useful purpose if used properly. I also think there needs to be a middle ground, much as Switzerland has found, between the two camps although I doubt that will ever happen.
In the mean time I find the arguments made by both sides to take great liberty with the facts when making their case; and find it ironic that the NRA and most gun shops will not allow someone to take a loaded gun inside. I like to bring that up when someone goes off the deep end and ask "If more guns make you safe would;t they want armed people where they work?" just as I ask the rabid anti gunner "If you were about to be murdered wouldn't you want to be able to defend yourself?" Then again, sometimes it is just fun to kick the hornet's nest.
I recall one while I lived there where their was a shooting over a girlfriend;
"A shooting over a girlfriend" does not sound like a "shooting spree" to me, one in which dozens of people are killed. Was this a mass-murder that started as some crime of passion, or was this just someone shooting some other person or two? Murders happen everywhere; if someone used a fully-automatic rifle in an angry rage over a girlfriend, and only killed one or two people (girlfriend and her new boyfriend?), that's not exactly an indictment of automatic weapons. Anyone could easily do the same with a kitchen knife.
Well, there also was the mass shooting (with a SIG) of 14 people at a cantonal meeting as another example.
Anyway, yes, their rules are different, but that wasn't my point. My point was that one of the main arguments trotted out by the anti-gun crowd is that proliferation of weapons necessarily leads to huge number of gun deaths. Switzerland disproves that.
However, disproving that doesn't prove the opposite, i.e. that mass gun ownership reduces gun deaths or stops crime. Most of the gun deaths in Switzerland are from suicides or domestic violence.Their gun related suicide rate is one of the highest in Europe. One common argument made for gun ownership is criminals such as burglars won't break into a house with an armed owner yet burglaries are rising in Switzerland. My point is that Switzerland is not a good example for the argument greater gun ownership is good (or bad) since there are so many other factors at play that to focus on one is misleading.
Another interesting point is the Swiss seem to seek compromise on gun control issues such as limiting ammunition ownership, the need to have a permit to buy or carry a weapon, severely restricting the right to carry in public, even to the point of not giving reservists ammo for storing at home for their military issue weapons.
Personally, I'd be happy to adopt the Swiss model. Considering the country is at #1 or #2 for the highest standard of living in the world, they're obviously doing things right. However, there's no way we could just adopt their laws wholesale, because we don't have to right culture to make that stuff work here. The reason countries like Switzerland and the Scandinavian countries are so great is because of their cultures; their laws and policies are a byproduct of that.
I certainly agree with that.
Yes, they have regulations, but they also have easily-available automatic rifles everywhere. Yes, it's illegal to actually walk around in public with a loaded rifle (unloaded is perfectly OK), and it's illegal to open your government-issued box of ammunition unless you've been authorized to, however if someone wanted to go on a shooting spree, that's not going to stop them. The anti-gun people always make the claim that easily availability of high-powered guns is what drives gun crimes. However, here in the US, we do NOT have easy access to automatic weapons; our AR-15s are all semi-automatic. In Switzerland, most houses have a fully-automatic assault rifle, plus ammunition. If you don't have one, it'd be easy to break in and steal one. Despite that, when was the last time you heard of a shooting spree in Switzerland? Never.
Actually, they have. I recall one while I lived there where their was a shooting over a girlfriend; but I will admit it is rare. However, if you want to adopt the Swiss model lets add universal registration of all weapons, severe penalties for carrying one in public unless you are on reserve duty, mandatory registration with the police in your place of residence, and universal healthcare. Somehow, most of the folks I know who point out Switzerland as a good reason for gun ownership aren't willing to really adopt the Swiss model.
One important but often overlooked point in the WS article is how special education classes are setup. As the WP points out, in addition to kids who really need help they become dumping grounds for behavioral problems; as a result teachers have to teach and deal with troublemakers and the administration simply expects them to deal with it.
A lot of the times the kids with behavioral problems also have learning problems. Most or all of the bullies I encountered in school were on the low end of the intelligence bell curve and did not do well in class. Should a child not get an education just because they have behavioral problems? Sure, the kid might be an asshole but usually it is because his parents are assholes, not because of some asshole gene. Strict discipline is important for these students as they likely are not getting that at home but if they need remedial help they should receive it.
Certainly, but in an appropriate environment; not just thrown into special ed because it is a convent dumping ground. In addition, if their behavior disrupts and threatens others then they should be removed and learn there are consequences for their behavior and it will not be tolerated. Unfortunately, many of them can get away with it and thus do not modify their behavior.
Here's an interesting article that looks at the legal aspects of this case:
http://www.washingtonpost.com/...
tl;dr version: The charges are bullshit.
One important but often overlooked point in the WS article is how special education classes are setup. As the WP points out, in addition to kids who really need help they become dumping grounds for behavioral problems; as a result teachers have to teach and deal with troublemakers and the administration simply expects them to deal with it. So, instead of addressing the problems schools simply ignore them; especially since actually taking action and expelling the kid or moving them to a school designed to deal with troublemakers is a long and difficult process. If the teacher is lucky they can document the problems and get the kid kicked out of school or if they are an out of district kid, give them so much work to do that they decide to go back to their original school. No wonder many special ed teachers tell young kids who want to do that to do anything but teach special ed; and the kids who really need help suffer because teachers spend far too much time dealing with troublemakers.
You have basically everything backwards here. Netflix is not the comcast customer. Netflix pays their own ISP for their bandwidth already.
True, but Netflix is paying Comcast for a specific level of service. Absent that Comcast has no requirement to ensure Netflix can deliver a decent level of service.
It's not Netflix which is using all this bandwidth on comcasts network - it's comcast customers who are using it. And they already paid for it.
No, they paid for a maximum bandwidth, not a minimum one. That sucks, but that is what Comcast customers are buying.
Comcast wants to bill twice. I am sure they would bill 20 times if they could get away with it. And they are the 800lb gorilla with an effective monopoly position in many markets and no scruples whatsoever. Netflix folded to extortion, and the precedent is certainly not one that will benefit any users, unless it's the users that are also comcast stock owners.
Unfortunately, Comcast's only duty is to maximize its stockholders value.
That said, I've contended for a long time that the looming battle is over the last mile. As Apple and others build up content libraries they will become viable alternatives to cable. As content producers become more willing to make content such as TV shows available shortly after broadcast, at reasonable prices, they will draw in more cable cutters since people are already accustomed to time shifting. I could see a model where you can buy a free or watch ones with ads for free. As people shift the cable companies will look to profit more from the internet pipe - I see tiered services for data amounts as well as speeds becoming more prevalent. Right now, cable is too important for content producers to make stuff readily available on competing services; but as the $$$ potential form them grow they will embrace them. There is no loyalty that 1$ more profit can't overcome.