On the cover of Barron's (kind of like the weekly Wall Street Journal) I once saw a picture of a huge, disgusting fat guy...that was rich from some type of investments. He might survive with good healthcare coverage, but he sure isn't among the fittest.
Re:Pegging currency to the dollar can cause proble
on
PayPal Goes Public
·
· Score: 1
"If PayPal goes bankrupt, get in line with the rest of the creditors."
PayPal provides up to $100,000 deposit insurance through Traveller's. It's not FDIC, but the effect is the same.
Re:Pegging currency to the dollar can cause proble
on
PayPal Goes Public
·
· Score: 1
I don't think they're able to just blow the whole wad of cash just because it isn't labelled as restricted. btw, the "restricted cash" account refers to a certificate of deposit that is related to average daily transactions made with the PayPal ATM/Debit card. Here is what *I* saw on the S1 filing as of 9/30/2001 (all amounts $MM):
Under Current Assets:
Cash and Equivalents: $138,614
Short-term Invt. Securities: $ 4,998
Under Current Liabilities:
Due to Customers: $139,993
Funds Payable: $ 16,584
None of that includes the $37,191 in long-term investment securities. So, they look pretty solvent. Of course, I'd rather they be run more like a "real bank" with FDIC insurance on deposits, rather than deposit insurance with Traveller's.
Re:Pegging currency to the dollar can cause proble
on
PayPal Goes Public
·
· Score: 2, Insightful
Yes, but PayPal gives you 10 US Dollars, which you can transfer from your PayPal account to your checking account. Store credit is how you described it, but it's a different situation.
Re:Pegging currency to the dollar can cause proble
on
PayPal Goes Public
·
· Score: 3, Insightful
There is no such thing as PayPal currency. When I signed up for an account, I received my sign-up bonus of $5 or $10 at the time. I made a purchase on Ebay and used PayPal. My sign-up bonus money was used to make some of the payment...this means PayPal credited me with real money, which they debited from their cash account.
How is this different than my real-world bank giving me $25 for opening an account with direct deposit? I can go straight to the ATM or branch and withdraw it. US$ is US$, whether in paper form or an account balance.
If I can't see the "license" before I purchase the software and actually sign a contract, then there is no "license," IMO. The only rights retained by MS are copyright...meaning I can't distribute copies of the software to third parties...period.
If I treated my clients this way, I'd be out of business. The fact that MS has tons of money and lawyers to strongarm people into complying with their wishes does not make them right by any means.
Unfortunately, we've already made the investment in a SQL 2000 database. I think the Google solution would be better because the SQL database relies on people entering the data correctly (and just entering it, period) to work well. It looks like the Google product would actually search through the documents for you. Right now I keep a pile of old reports on my text to pull out some recyclable material, but Google's search engine would eliminate that need.
I don't think the gold argument holds up any longer. People use a certain currency because of the strength and economy of the nation(s) that backs it and because they know that others think the same and can therefore use the currency for trading. The only way the US dollar could go out of fashion is if the entire country sinks into the ocean or something.
What is gold anyway, just a shiny (oohh....shiny!!!) metal. Sure, you can make it into jewelery, but for trade, it's used in the same way as paper money.
In the future, we'll be able to manufacture gold using nanotechnology, so it wouldn't be of much use then, anyway.
"by Lord Omlette on 13:59 8th February, 2002 (Score:3, Underrated)"
OK, I'm offtopic here, but when did "Underrated" get added to the system? And what does it mean in this context? Are there any other new ratings I should be aware of?
Why do certain members of the programming community think their industry is different or more special than others? Every industry has some equivalent of open source work and closed source work that both thrive.
In my particular branch of financial services (business appraisal), the equivalent to open source would be all of the articles, books and speeches about newly discovered techniques, insight into court cases and mathematical formulas...in short, industrial infrastructure. Everyone in the industry utilizes and benefits from the sharing of information. And, the people that share this information, such as Shannon Pratt, gain tons of respect and are held in the highest regard.
The equivalent to closed-source work in my industry would be actual valuation assignments. They have to be "closed" and not open for anyone to see due to the sensitive nature of the information we're working with.
The funny thing is, we use all of our openly discussed ideas and techniques to create confidential work. Sort of like a BSD licensing system:-)
"...Lefty the Torch, a New York businessman, is suing the state of New York saying that laws against drugs, gambling, prostitution, and extortion raise costs of doing business and hurt consumers."
In the movie "Traffic," they brought up the point that all legal interdiction does to drug prices is adjust or raise them. In the case of extortion, of course, you pay less when there are laws against it:-)
"The cars you buy are decent not because the government regulates their quality, and not because corporate execs are angels, but because the manufacturers compete with each other. Making bad cars is just bad business."
Hey, if I'm killed in a car accident due to a poorly manufactured car, how do I vote with my dollar then?
"I agree with you. The best and the brightest would demand the most money for their time (that's part of being considered "the brightest.")"
Spoken like a true RandDroid.
Your statement only makes sense if you assume that everyone worships money...it's simply not true. Some people go into government because, for one reason or another, they are fascinated with doing something that services or affects the public at large. By your logic, no one should be interested in entrepreneurialship (sp?) or working for small businesses either, because they can get earn more as a cog in a giant, unthinking machine.
Yes, money changes hands. For some people, the internet is about making money, ie online stores. For other, money changing hands on the internet is only a means to an end, ie paying your ISP and hosting fees so that you may pursue other interests online.
"when u buy MS (and most propriatory) s/w 'box' of the shelf what do u think ur paying for?
the CD?, the Menual?, the 'Software'?
well its that little piece of green paper w/ the hologram on."
In addition to the hologram, I've also bought all of the above. During the turn of the century, a book publisher tried to convince people that they were buying a license to the book and not the actual book. They included little certificates and everything. The Supreme Court said the publisher's claims had no weight...you bought and owned your copy of the book. Software is no different, except for the physical medium.
The fact that Microsoft has more money than God and can bully people does not make their "licensing" claims any more correct. The only right MS retains according to the Constitution and Supreme Court would be copyright, a monopoly on the distribution of the work. All this licensing, data on the CD vs the physical CD stuff is some wishy-washy crap to obscure the truth.
Hear, hear! I'm a firm believer that stupidity should be punished and that the punishment should be painful. ie...my dog once fell off the bed after horsing around and was limping for a day or two. (Naturally, we took him to the vet and found nothing was broken.) Now he knows not to be a clutz.
If that had been an American adult, the Serta people would have been sued for not having bumpers built-into their matresses.
Slashdot Mirror
Palm has nothing to do with this. Be, Inc. retained the right to sue MS in the asset sale.
On the cover of Barron's (kind of like the weekly Wall Street Journal) I once saw a picture of a huge, disgusting fat guy...that was rich from some type of investments. He might survive with good healthcare coverage, but he sure isn't among the fittest.
"If PayPal goes bankrupt, get in line with the rest of the creditors."
PayPal provides up to $100,000 deposit insurance through Traveller's. It's not FDIC, but the effect is the same.
I don't think they're able to just blow the whole wad of cash just because it isn't labelled as restricted. btw, the "restricted cash" account refers to a certificate of deposit that is related to average daily transactions made with the PayPal ATM/Debit card. Here is what *I* saw on the S1 filing as of 9/30/2001 (all amounts $MM):
Under Current Assets:
Cash and Equivalents: $138,614
Short-term Invt. Securities: $ 4,998
Under Current Liabilities:
Due to Customers: $139,993
Funds Payable: $ 16,584
None of that includes the $37,191 in long-term investment securities. So, they look pretty solvent. Of course, I'd rather they be run more like a "real bank" with FDIC insurance on deposits, rather than deposit insurance with Traveller's.
Yes, but PayPal gives you 10 US Dollars, which you can transfer from your PayPal account to your checking account. Store credit is how you described it, but it's a different situation.
There is no such thing as PayPal currency. When I signed up for an account, I received my sign-up bonus of $5 or $10 at the time. I made a purchase on Ebay and used PayPal. My sign-up bonus money was used to make some of the payment...this means PayPal credited me with real money, which they debited from their cash account.
How is this different than my real-world bank giving me $25 for opening an account with direct deposit? I can go straight to the ATM or branch and withdraw it. US$ is US$, whether in paper form or an account balance.
Or maybe they just prefer to flog their fins...
*bada-boom*
If I can't see the "license" before I purchase the software and actually sign a contract, then there is no "license," IMO. The only rights retained by MS are copyright...meaning I can't distribute copies of the software to third parties...period.
If I treated my clients this way, I'd be out of business. The fact that MS has tons of money and lawyers to strongarm people into complying with their wishes does not make them right by any means.
Don't look too deep into it. Just think "fighting for what you believe is right."
A wise Slashdot reader once said...
The cure for 1984 is 1776.
Oh wait, that's me!
Blasphemy! They're the ones playing the IBM Linux commercials.
Unfortunately, we've already made the investment in a SQL 2000 database. I think the Google solution would be better because the SQL database relies on people entering the data correctly (and just entering it, period) to work well. It looks like the Google product would actually search through the documents for you. Right now I keep a pile of old reports on my text to pull out some recyclable material, but Google's search engine would eliminate that need.
I don't think the gold argument holds up any longer. People use a certain currency because of the strength and economy of the nation(s) that backs it and because they know that others think the same and can therefore use the currency for trading. The only way the US dollar could go out of fashion is if the entire country sinks into the ocean or something.
What is gold anyway, just a shiny (oohh....shiny!!!) metal. Sure, you can make it into jewelery, but for trade, it's used in the same way as paper money.
In the future, we'll be able to manufacture gold using nanotechnology, so it wouldn't be of much use then, anyway.
"by Lord Omlette on 13:59 8th February, 2002 (Score:3, Underrated)"
OK, I'm offtopic here, but when did "Underrated" get added to the system? And what does it mean in this context? Are there any other new ratings I should be aware of?
Why do certain members of the programming community think their industry is different or more special than others? Every industry has some equivalent of open source work and closed source work that both thrive.
:-)
In my particular branch of financial services (business appraisal), the equivalent to open source would be all of the articles, books and speeches about newly discovered techniques, insight into court cases and mathematical formulas...in short, industrial infrastructure. Everyone in the industry utilizes and benefits from the sharing of information. And, the people that share this information, such as Shannon Pratt, gain tons of respect and are held in the highest regard.
The equivalent to closed-source work in my industry would be actual valuation assignments. They have to be "closed" and not open for anyone to see due to the sensitive nature of the information we're working with.
The funny thing is, we use all of our openly discussed ideas and techniques to create confidential work. Sort of like a BSD licensing system
"...Lefty the Torch, a New York businessman, is suing the state of New York saying that laws against drugs, gambling, prostitution, and extortion raise costs of doing business and hurt consumers."
:-)
In the movie "Traffic," they brought up the point that all legal interdiction does to drug prices is adjust or raise them. In the case of extortion, of course, you pay less when there are laws against it
"The cars you buy are decent not because the government regulates their quality, and not because corporate execs are angels, but because the manufacturers compete with each other. Making bad cars is just bad business."
Hey, if I'm killed in a car accident due to a poorly manufactured car, how do I vote with my dollar then?
I would have chosen:
"I pay CowboyNeal minimum wage + gas money to drive a station wagon full of tapes around the county."
"I agree with you. The best and the brightest would demand the most money for their time (that's part of being considered "the brightest.")"
Spoken like a true RandDroid.
Your statement only makes sense if you assume that everyone worships money...it's simply not true. Some people go into government because, for one reason or another, they are fascinated with doing something that services or affects the public at large. By your logic, no one should be interested in entrepreneurialship (sp?) or working for small businesses either, because they can get earn more as a cog in a giant, unthinking machine.
Yes, money changes hands. For some people, the internet is about making money, ie online stores. For other, money changing hands on the internet is only a means to an end, ie paying your ISP and hosting fees so that you may pursue other interests online.
What about the Visa Buxx card designed for kids?
If you're under 18, you cannot be held to the terms of a contract. I wonder if such individuals are free to do as they please then?
"when u buy MS (and most propriatory) s/w 'box' of the shelf what do u think ur paying for?
the CD?, the Menual?, the 'Software'?
well its that little piece of green paper w/ the hologram on."
In addition to the hologram, I've also bought all of the above. During the turn of the century, a book publisher tried to convince people that they were buying a license to the book and not the actual book. They included little certificates and everything. The Supreme Court said the publisher's claims had no weight...you bought and owned your copy of the book. Software is no different, except for the physical medium.
The fact that Microsoft has more money than God and can bully people does not make their "licensing" claims any more correct. The only right MS retains according to the Constitution and Supreme Court would be copyright, a monopoly on the distribution of the work. All this licensing, data on the CD vs the physical CD stuff is some wishy-washy crap to obscure the truth.
Hear, hear! I'm a firm believer that stupidity should be punished and that the punishment should be painful. ie...my dog once fell off the bed after horsing around and was limping for a day or two. (Naturally, we took him to the vet and found nothing was broken.) Now he knows not to be a clutz.
If that had been an American adult, the Serta people would have been sued for not having bumpers built-into their matresses.
You can get two more LCDs on the top (for a total of FOUR screens) at no extra charge, or so I have heard.