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User: magzteel

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  1. We are inundated with political ads all the time. We don't always know who paid for them directly or indirectly or why.

    When Obama was running they accepted untraceable contributions and no doubt used them to run ads.
    http://www.washingtonpost.com/...

    Stop this stupidity already

  2. I was just pissed at the recycled dialog from multiple other Star Wars movies.

    Do all the evil guys go to some star wars evil guy school where they learn to say the same evil guy lines?

  3. Re:Maybe Short Selling? on Bitcoin's Value Plummeted Overnight and No One Knows Why (slate.com) · · Score: 1

    For those not familiar with either the term or the practice, here's a primer:-
    You sell short in the hope of starting a run. Here's how it works. You go to the market and you sell say, $100,000,000 of Bitcoin that you don't actually possess... Markets will allow you to do this, as long as you settle all your accounts by the end of the current trading period [i.e. by market close on the day]. .

    Short sellers borrow the stock they sell. Borrowing costs money, but they factor that into the risk.

    Nobody is lending you $100,000,000 in bitcoin unless they think you have the assets to repay it.

  4. No one knows why it skyrocketed either on Bitcoin's Value Plummeted Overnight and No One Knows Why (slate.com) · · Score: 1

    Currency cross rates don't move like that

  5. So the study concludes asylum seekers are lying? on Faced With Rising Temperatures, People May Seek Asylum (axios.com) · · Score: 2

    According to https://www.immigrationequalit...

    An asylum seeker must prove that he or she has a well-founded fear of persecution based on one or more of five grounds:

    Race
    Religion
    Nationality
    Membership in a particular social group (Most LGBTQ individuals who apply for asylum qualify under this category)
    Political opinion

  6. Market making and risk on Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk (bloomberg.com) · · Score: 1
    Market making something this volatile will be very risky.

    GS would not want the exposure so they must have a plan to hedge it.

  7. Re:Yeah, it's 1999 again on Ice Tea Company Rebrands as 'Long Blockchain' and Stock Price Triples (arstechnica.com) · · Score: 1

    The difference is that if bitcoin crashes tomorrow it won't cause a worldwide recession.

    Are you sure about that?

    According to BBC this morning, the high estimate for ownership of bitcoin is 3 million people- so at most 0.04% of the world's population own bitcoin. That's not excluding all the many people who have owned bitcoin and lost the key.

    The press is reporting that people are using home equity and credit cards to buy in. When it caves it could have a ripple effect in other markets.

  8. Re:Yeah, it's 1999 again on Ice Tea Company Rebrands as 'Long Blockchain' and Stock Price Triples (arstechnica.com) · · Score: 1

    The difference is that if bitcoin crashes tomorrow it won't cause a worldwide recession.

    Are you sure about that?

  9. does anybody remember "heyidiot.com" on Ice Tea Company Rebrands as 'Long Blockchain' and Stock Price Triples (arstechnica.com) · · Score: 1

    It was a joke web site Larry Ellison put out during the dotcom boom. They had a new company called "heyidiot.com" who's only product was their stock, which could only go up forever.

  10. Re:Why retire? on Ask Slashdot: When Is the Right Time To Discuss Retirement With Your Employer? · · Score: 1

    Retirement is a mid-1900's concept, a fleeting fad. It was based on age 65 because most people didn't live that long

    Unless you work in the public sector, in which case you can retire with a lifetime pension in your 40's. You actually get paid longer to not work than you did to work.

  11. Don't overthink this on Ask Slashdot: When Is the Right Time To Discuss Retirement With Your Employer? · · Score: 5, Insightful
    If you are retiring you aren't trying to coordinate a start date with your next employer.

    When you are *ready to go*, tell them you have decided to retire, and offer whatever notice period you want to.

    Heck you could even retire and offer to provide consulting services on an as-needed basis.

  12. Re:Easily replaceable battery? on Apple Confirms iPhone With Older Batteries Will Take Hits On Performance (theverge.com) · · Score: 2

    They cost about $20-$30 from Amazon and I can replace one in about ten minutes. I imagine an actual tech who does it regularly could do it in under 5.

    I remember I bought an extra battery for a Nokia 6180 way back. It was something like $60. In the 90s.

    Given the fire potential are you ever concerned about the quality of the replacement batteries on Amazon? There are lots of counterfeit products there.

  13. That old chestnut? Here's a hint, stop watching Fox News or listening to Alex Jones. Social Security would be just fine if Republicans stopped raping it to fund other things.

    Just think about your statement for a second. The whole wizbang idea of the day is that if I deposit $5000 into a 401k by the time I'm 25 I will be a millionaire when I retire at 65. Now social security you pay into your whole life and not in small numbers. I have been paying into social security since I was 13. Combine that with a maximum that I am allowed to take from it when I turn 67 and you'll find there is more than enough money to cover at least 10 other people who couldn't contribute as much as I could and I'm not rich by any stretch of the imagination.

    Now social security investments are not as risky and my 401k so I would expect the return to be much lower but that is still more than 50 years of me paying into it before I can withdraw anything.

    Social security will only go bankrupt if we keep messing with its funding and borrowing against its balance. It grinds my gears that Republicans tout themselves as the party of financial responsibility when its always Democrats that end up cleaning up the mess. It has been this way ever since Reagan.

    According to the Office of Management and Budget under the Clinton Administration in 1999:

    "These balances are available to finance future benefit payments and other trust fund expenditures--but only in a bookkeeping sense. These funds are not set up to be pension funds, like the funds of private pension plans. They do not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury, that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures."

    In short, the Social Security trust fund is really only an accounting mechanism. The trust fund shows how much the government has borrowed from Social Security, but it does not provide any way to finance future benefits. The money to repay the IOUs will have to come from taxes that are being used today to pay for other government programs. For that reason, the most important date for Social Security is 2018, when taxpayers must begin to repay the IOUs, not 2042, when the trust fund is exhausted.

  14. It's about time on EU's Top Court Rules That Uber Is a Transportation Company (axios.com) · · Score: 1
    Uber is in the taxi business, period. They use technology to run their business, just like every other company.

    By their logic e-trade can't be regulated as a stock brokerage business. They are just a technology platform that connects sellers and buyers.

  15. I'll be more impressed when on France Passes Law To Ban All Oil, Gas Production By 2040 (cbsnews.com) · · Score: 1
    I'll be more impressed when they ban all use of oil and gas for any purpose.

    Fortunately this dumb stunt will not affect the French Air Force too much, as over half their aircraft are unfit to fly anyway: https://www.express.co.uk/news...

    The other half are being protected from the elements by white flags.

  16. Re:Misleading Title Totally on The Trump Administration Just Voted To Repeal the US Government's Net Neutrality Rules (recode.net) · · Score: 3, Insightful

    To be clear:

    The two Democrats on the FCC — Commissioners Mignon Clyburn and Jessica Rosenworcel — voted to keep the rules in place.

    And who appointed Ajit Pai? Trump. He is part of the Trump administration.

    He was appointed by Obama in 2012.

  17. Re:Time for a court injunction on The Trump Administration Just Voted To Repeal the US Government's Net Neutrality Rules (recode.net) · · Score: 2

    The FCC is essentially punting their regulatory duties to another agency (FTC) that has little legal jurisdiction here. There needs to be at least a temporary injunction to halt this.

    Demonstrating the irreparable harm to justify an injunction should be interesting

  18. The reason health care is so costly in the US can be found at the top of the insurance companies. Many of the top execs of these companies - including the ones that are listed as "non-profit" or "not-for-profit" take in guaranteed annual bonuses that exceed the lifetime earnings of most Americans. The "Affordable Care Act" just gave these greedy capitalists the keys to the kingdom as well, in guaranteeing them customers for the rest of time.

    The article isn't about the U.S.

  19. Re:The case for BREXIT on Russia-Linked Accounts Were Active on Facebook Ahead of Brexit (ft.com) · · Score: 1

    I'm sorry but your rationale means nothing to the "People who voted for Brexit didn't know what they were doing" crowd.

  20. Re:The 9/11 attack cost something like $250k on Russia-Linked Accounts Were Active on Facebook Ahead of Brexit (ft.com) · · Score: 1

    and look at the massive impact it had. $125k ads goes a long way with conspiracy-minded right-wingers who will share and re-tweet without a second thought to its truthiness.

    Of course left wingers only share and re-tweet factual stuff. Right.....

  21. How to stay employed on What Mistakes Can Stall An IT Career? (cio.com) · · Score: 2

    Never stop learning. Make sure you stay current. Use every position as an opportunity to learn new things.
    Manage perception. Make sure people see you as a subject matter expert and a person with high commercial value.
    Network effectively. Stay in touch with people as they change jobs.
    Proactively seek new opportunities.
    Negotiate hard for the compensation you want. This is another aspect of perception management.


    I've been continuously employed and well paid in this industry for over 34 years. Just changed jobs again.

  22. Re:Is there a way to do real work? on 'Bitcoin Could Cost Us Our Clean-Energy Future' (grist.org) · · Score: 1

    So, when the "value" of Bitcoin is assessed, why isn't it automatically devalued by the energy cost associated with creating it?

    A mining business would certainly deduct expenses when calculating net income. Their profit margin though doesn't directly affect the market value. That is driven by supply and demand.

  23. Re:There is no reason to subsidize a $70,000+ car on Tesla Proves To Be Too Pricey For Germany, Loses Tax Subsidies (reuters.com) · · Score: 1

    When using tax incentives to encourage consumer behavior ...

    The tax incentives are to help kick start an new industry which will hopefully return a greater benefit to society than it costs. Based on the growth of solar, battery tech, and EVs, and the effect of reducing dependencies on fossil fuels, foreign energy dependence and millions of deaths a year from air pollution, I'd say they are working. Most of the vehicles in your list are foreign. The local competition only exist because of Tesla and subsidies.

    Well the industry is booming along at this point. I say it is time to end the subsidies. But of you don't believe me, perhaps you will believe Elon Musk:

    https://seekingalpha.com/artic...

    He knows his customers will still happily buy his product without the subsidies.

  24. Re:Kill all Fascist and Nazi Supporters on Cloudflare's CEO Has a Plan To Never Censor Hate Speech Again (arstechnica.com) · · Score: 1

    Actual history. The idiotic tiki-torch-carrying wannabes have nothing on socialists when it comes to death. And the socialists are getting coddled, right now, in schools around you.

    I couldn't find any source to confirm your "Cristianity: 100M" claim. Where did you get it from?

  25. Re:Kill all Fascist and Nazi Supporters on Cloudflare's CEO Has a Plan To Never Censor Hate Speech Again (arstechnica.com) · · Score: 1

    It took 50 million deaths last time those fucks got power, this time we need to kill them all a lot sooner.

    Let's put this in a perspective:

    • communism: 180M
    • christianity: 100M
    • islam: 75M
    • national socialism: 21M
    • Leopold II (no ideology): 10M

    Where did you get these numbers from?