However, the whole "FDIC insured" thing means that if the bank goes under, the government will take control of the bank, effectively socializing it completely, bail it out, and then sell it off. That's not really any better.
Actually it is better because bank stockholders are wiped out, bondholders take a haircut, and the investors learn an important lesson: don't invest in banks that give out mortgages that are more than 80% loan-to-value.
Now they have learned "ignore what the banks you invest in are doing, because government will bail you out, and make non-bank-stockholders pay higher taxes to pay for it!"
Yes it could really screw up the economy for the short term as people flip out about counterparty risk until everything calms down. But the bailout will screw up the economy for the long term, preparing the next large bubble, and raising taxes on everyone. Hard choice to make, but we took the "easy way out" that will hurt us more in the long term.
The real problem with the stimulus as a whole was that it was too short term.
Maybe it is because short-term stimulus spending does not actually contribute anything to private sector growth. Especially if taxes are about to go up to pay for it.
Today they would have framed that shot tight on the graphics with the speaker on one side.
And the guy would be showing a PowerPoint, littered with stock photos of generic, diverse, Stormtroopers sitting around an office conference table with happy looks on their faces.
Every teacher I know (I know 4 of them who are my friends, and my son's teachers) does all of their work at home after school. They should be able to sell what they do for as much as they can get.
Nevertheless, in most private industries, employment contracts generally state that intellectual property accrues to the employer for anything you develop inside or outside of the work setting that is related to the work of your employer.
A private company might try to incentivize innovation (say by cutting a percentage split on the sale of the lessons plans between the teacher and the school), but in a socialist monopoly weighed down with a union contract, I would not expect much encouraging of innovation.
I've known many great people who have gotten fucked by 'the system' once they complete their degrees and get a job in education.
So they were totally ignorant of the potential salary rates of their major before they entered school?
We need for the educators to be paid better, or at least, fairly.
Working for socialist government monopolies generally trades job security for higher pay. We could end government-operated schools, or at least allow privately operated schools to have access to the same tax funding as government-operated ones as they do in the Netherlands.
Aren't there laws against foreign interests owning critical national assets?
From here: "The U.S. Department of Treasury's Committee on Foreign Investment in the United States (CFIUS) reviews the national security implications of foreign acquisitions of U.S. companies. CFIUS is an interagency group composed of major Executive Branch departments, agencies and offices, including the Departments of Defense, State, Treasury, Commerce and Homeland Security, which reviews foreign investment submissions under the authority of the Exon-Florio Amendment to the Defense Production Act of 1950. This act grants the President authority to suspend or prohibit any foreign acquisition, merger or takeover of a U.S. corporation that is determined to threaten the national security of the United States...
The President can only exercise his authority under the Exon-Florio provision if he finds that: (a) credible evidence that the foreign entity exercising control might take action that threatens national security, and (b) the provisions of law, other than the International Emergency Economic Powers Act do not provide adequate and appropriate authority to protect national security...
Although ultimately approved, a number of ICT transactions have undergone CFIUS review in the past few years, including: the NTT Communications purchase of Verio; the transaction between IBM and Lenovo, one of the leading IT companies in China; and the sale of Global Crossing to Hutchinson."
Try watching something with them. The blue side's so dark it causes a big shift in what you're seeing. The result is very monochromatic and not very believable to boot.
The whole concept of ColorCode glasses is that they allow for better quality color to come through the pale yellow eye than red/green where both eyes have their color screwed up.
Unfortunately, I think ColorCode perceived quality may be different depending on your eye dominance. If the yellow one is over your dominant eye, it probably looks great. If the dark blue one is over your dominant eye, it probably looks monochrome.
More to the point, broadcast TV can't carry polarisation information in any of the current specs.
While this is technically true, many of the polarization filter based 3D displays (Hyundai, JVC) can use half-resolution stereo pairs presented simultaneously (left/right, under/over, or line-by-line "interlaced") using existing 2D HD video standards. These displays are inherently half-resolution per eye anyway to produce simultaneous left/right eye views with different polarization.
It is unclear if any of the LCD shutter glass based 3D displays will have chips to do that processing - the feeling I get is that LCD shuttler glass display manufacturers are holding out for full resolution 1080p(24 or 60)x2 from Blu-ray or other non-broadcast sources.
I concur - a major part of my 40 pound weight loss was due to weight training. Aerobic exercise is important, but 15 minutes a day is enough. Weight training every other day builds muscle that burns off calories 24x7.
From a certain point of view, an iPhone with a crappy data connection isn't really an iPhone at all. It is an iPod Touch that makes phone calls and sends text messages. It will remain so until you get back under a 3G coverage area.
From my point of view, my 2G iPhone was awesome - it was a serious game-changer because it was the first mobile device I have ever owned to be truly able to surf the web. My 3G iPhone is super-awesome.
Unfortunately, the rat began hanging out on the Internet, posting on Slashdot, reading manga, got fat, started smelling bad, never got to mate, and its genes died out.
The track record is that Standard Oil reduced choices. And free markets are about making choices.
Free markets are about voluntary interactions. That is what "free" means. Companies working together voluntarily is free action.
The record of government anti-trust actions is that they have added uncertainty and cost to business, either been ineffective or have raised consumer prices, and thus have not helped the consumer.
For example, the Sun/Oracle merger is on hold right now while governments around the world decide if it is worthy to global bureaucrats.
Meanwhile I am writing this on a Mac, which I was free to choose, so obviously by your definition Microsoft doesn't have a monopoly. But tell that to the EU.
If anything in this article is news its that its China and not some other country. Hopefully they are made better than most Chinese crap.
You know that the iPhone and iPod as well as Dell and Hewlett Packard PCs, Motorola and Nokia cell phones, Sony PlayStation 2 and PSP and the Nintendo Wii are made in China?
Here is the iPhone supply chain. The design of the phone and CPU is done in the US, the CPU and most chips are made in Singapore, the rest of the parts are made in Taiwan, and the assembly is in the PRC.
Another way of saying China has fairly solid controls over the convertibility of the Renminbi, and unlike a score of other developing countries (such as Argentina and Mexico), it has not yet experienced a massive currency crisis.
China has devalued the Yuan several times, and they have been loosening up convertibility, beginning to issue Renminbi-denominated debt, but yes they are being careful and slow.
If that is not anti-competitive behavior then what is? Especially when the railroads were given other people's land?
Sounds like competitive behavior to me. The track record was that Standard Oil drove down consumer prices. As Wikipedia mentions "Standard's actions and secret transport deals helped its kerosene price to drop from 58 to 26 cents from 1865 to 1870."
Once we get decent robots (and they can now pick loose nuts out of a bin), 99% of jobs (even low skill ones) go away.
Indeed, this is why (until last year), US manufacturing output has been continuously expanding, while US manufacturing employment has been dropping. Machinery has increased the productivity of US manufacturing workers so much, we can produce more goods with less people.
All you have to do is watch "How It's Made" and count the number of machines versus people. Not very many people, except for when custom artistry is required.
The most "offshored" work is that which requires hand operation, such as sewing. But increasingly even those manual operations will become automated. Sock toe sewing is a prime example, the US lost much of its sock industry overseas, now with automated sock toe sewing machines, it is returning, but not hiring many people as they are not required.
This 'we, as a society' are the people of the United States who decided in the early 1900s to enact anti-trust laws, after seeing what lack of competition did to OUR (not their) economy.
The irony is that that of the "monopolies" that drove this policy, Standard Oil and American Tobacco, neither of the accused firms monopolized or "restrained" trade; on the contrary, both firms expanded outputs enormously, innovated continuously, and generally lowered prices for consumers. Many other anti-trust cases have also been against companies that dramatically lowered consumer prices, such as Alcoa. More info.
SMPTE 428M says that the Maximum resolution for DCDM operational level 1 is 4096x2160. That is the normative text.
It "informatively" says that 4096x1716 is the 2.39:1 AR for level 1. Similarly, 3996x2160 is the 1.85:1 AR for level 1.
But if you can't display the entire 4096x2160 DCDM (which would be a "funky" AR, I agree), I don't think you are fully SMPTE 428M DCDM operational level 1 compliant:)
It is because if anthropogenic global warming is real than the medicine is obvious - massive government intervention on a scale unprecedented in human history.
I don't think it is so obvious. There is little evidence that we can achieve the massive global government intervention required to achieve dramatic CO2 and Methane limitation. The threat of global violence required would be immense, especially outside of Europe / US.
On the other hand, it is likely that advanced economies can survive climate change (air conditioners, dikes, genetic engineering of food crops, etc.). I have a feeling that the world will simply try to deal with climate change, and those societies that are unwilling to become modern economies will fail.
The other possibility is that non-CO2 tech will come along. In truth, nuclear fission is here today ready to go to provide 80-90% of fixed-location power requirements. The problem is that we can't trust all countries with nuclear fission, and that the transportation industry is left out until battery technology becomes significantly advanced.
When people say "we might as well eat neighbors|kids|whoever" they are pretty much putting the lives of animals on the level, value-wise, with the lives of humans.
Yes, it is crazy! Dogs are way better than humans...
Slashdot Mirror
However, the whole "FDIC insured" thing means that if the bank goes under, the government will take control of the bank, effectively socializing it completely, bail it out, and then sell it off. That's not really any better.
Actually it is better because bank stockholders are wiped out, bondholders take a haircut, and the investors learn an important lesson: don't invest in banks that give out mortgages that are more than 80% loan-to-value.
Now they have learned "ignore what the banks you invest in are doing, because government will bail you out, and make non-bank-stockholders pay higher taxes to pay for it!"
Yes it could really screw up the economy for the short term as people flip out about counterparty risk until everything calms down. But the bailout will screw up the economy for the long term, preparing the next large bubble, and raising taxes on everyone. Hard choice to make, but we took the "easy way out" that will hurt us more in the long term.
The real problem with the stimulus as a whole was that it was too short term.
Maybe it is because short-term stimulus spending does not actually contribute anything to private sector growth. Especially if taxes are about to go up to pay for it.
Today they would have framed that shot tight on the graphics with the speaker on one side.
And the guy would be showing a PowerPoint, littered with stock photos of generic, diverse, Stormtroopers sitting around an office conference table with happy looks on their faces.
here in the Netherlands...there is a fee to have your kid in a school.
I thought the Netherlands government provided full funding for school students (to the school)?
The jobless rate for those under 25 is 42% in Spain. The jobless rate for all workers there is 19.3%.
Looks at the facts: very high power, portable, limited firing time, unlimited range.
All you'd need is a big spinning mirror and you could vaporize a human target from space.
Every teacher I know (I know 4 of them who are my friends, and my son's teachers) does all of their work at home after school. They should be able to sell what they do for as much as they can get.
Nevertheless, in most private industries, employment contracts generally state that intellectual property accrues to the employer for anything you develop inside or outside of the work setting that is related to the work of your employer.
A private company might try to incentivize innovation (say by cutting a percentage split on the sale of the lessons plans between the teacher and the school), but in a socialist monopoly weighed down with a union contract, I would not expect much encouraging of innovation.
I've known many great people who have gotten fucked by 'the system' once they complete their degrees and get a job in education.
So they were totally ignorant of the potential salary rates of their major before they entered school?
We need for the educators to be paid better, or at least, fairly.
Working for socialist government monopolies generally trades job security for higher pay. We could end government-operated schools, or at least allow privately operated schools to have access to the same tax funding as government-operated ones as they do in the Netherlands.
Aren't there laws against foreign interests owning critical national assets?
From here: "The U.S. Department of Treasury's Committee on Foreign Investment in the United States (CFIUS) reviews the national security implications of foreign acquisitions of U.S. companies. CFIUS is an interagency group composed of major Executive Branch departments, agencies and offices, including the Departments of Defense, State, Treasury, Commerce and Homeland Security, which reviews foreign investment submissions under the authority of the Exon-Florio Amendment to the Defense Production Act of 1950. This act grants the President authority to suspend or prohibit any foreign acquisition, merger or takeover of a U.S. corporation that is determined to threaten the national security of the United States...
The President can only exercise his authority under the Exon-Florio provision if he finds that: (a) credible evidence that the foreign entity exercising control might take action that threatens national security, and (b) the provisions of law, other than the International Emergency Economic Powers Act do not provide adequate and appropriate authority to protect national security...
Although ultimately approved, a number of ICT transactions have undergone CFIUS review in the past few years, including: the NTT Communications purchase of Verio; the transaction between IBM and Lenovo, one of the leading IT companies in China; and the sale of Global Crossing to Hutchinson."
Try watching something with them. The blue side's so dark it causes a big shift in what you're seeing. The result is very monochromatic and not very believable to boot.
The whole concept of ColorCode glasses is that they allow for better quality color to come through the pale yellow eye than red/green where both eyes have their color screwed up.
Unfortunately, I think ColorCode perceived quality may be different depending on your eye dominance. If the yellow one is over your dominant eye, it probably looks great. If the dark blue one is over your dominant eye, it probably looks monochrome.
More to the point, broadcast TV can't carry polarisation information in any of the current specs.
While this is technically true, many of the polarization filter based 3D displays (Hyundai, JVC) can use half-resolution stereo pairs presented simultaneously (left/right, under/over, or line-by-line "interlaced") using existing 2D HD video standards. These displays are inherently half-resolution per eye anyway to produce simultaneous left/right eye views with different polarization.
It is unclear if any of the LCD shutter glass based 3D displays will have chips to do that processing - the feeling I get is that LCD shuttler glass display manufacturers are holding out for full resolution 1080p(24 or 60)x2 from Blu-ray or other non-broadcast sources.
To get healthier and/or build muscle, work out.
I concur - a major part of my 40 pound weight loss was due to weight training. Aerobic exercise is important, but 15 minutes a day is enough. Weight training every other day builds muscle that burns off calories 24x7.
From a certain point of view, an iPhone with a crappy data connection isn't really an iPhone at all. It is an iPod Touch that makes phone calls and sends text messages. It will remain so until you get back under a 3G coverage area.
From my point of view, my 2G iPhone was awesome - it was a serious game-changer because it was the first mobile device I have ever owned to be truly able to surf the web. My 3G iPhone is super-awesome.
Unfortunately, the rat began hanging out on the Internet, posting on Slashdot, reading manga, got fat, started smelling bad, never got to mate, and its genes died out.
The track record is that Standard Oil reduced choices. And free markets are about making choices.
Free markets are about voluntary interactions. That is what "free" means. Companies working together voluntarily is free action.
The record of government anti-trust actions is that they have added uncertainty and cost to business, either been ineffective or have raised consumer prices, and thus have not helped the consumer.
For example, the Sun/Oracle merger is on hold right now while governments around the world decide if it is worthy to global bureaucrats.
Meanwhile I am writing this on a Mac, which I was free to choose, so obviously by your definition Microsoft doesn't have a monopoly. But tell that to the EU.
If anything in this article is news its that its China and not some other country. Hopefully they are made better than most Chinese crap.
You know that the iPhone and iPod as well as Dell and Hewlett Packard PCs, Motorola and Nokia cell phones, Sony PlayStation 2 and PSP and the Nintendo Wii are made in China?
Here is the iPhone supply chain. The design of the phone and CPU is done in the US, the CPU and most chips are made in Singapore, the rest of the parts are made in Taiwan, and the assembly is in the PRC.
Next year, Intel with start producing chips from a 65nm fab facility in China.
Er, make that China has revalued the Yuan several times - it has appreciated 21.2% against the dollar in the past four years.
In this case it's Chinese turbines so they get jobs, and we get poorer.
My industry sells a lot of product to the rapidly expanding Chinese middle-class consumers, so maybe it is just you who gets poorer?
China manipulates its currency.
Another way of saying China has fairly solid controls over the convertibility of the Renminbi, and unlike a score of other developing countries (such as Argentina and Mexico), it has not yet experienced a massive currency crisis.
China has devalued the Yuan several times, and they have been loosening up convertibility, beginning to issue Renminbi-denominated debt, but yes they are being careful and slow.
If that is not anti-competitive behavior then what is? Especially when the railroads were given other people's land?
Sounds like competitive behavior to me. The track record was that Standard Oil drove down consumer prices. As Wikipedia mentions "Standard's actions and secret transport deals helped its kerosene price to drop from 58 to 26 cents from 1865 to 1870."
Once we get decent robots (and they can now pick loose nuts out of a bin), 99% of jobs (even low skill ones) go away.
Indeed, this is why (until last year), US manufacturing output has been continuously expanding, while US manufacturing employment has been dropping. Machinery has increased the productivity of US manufacturing workers so much, we can produce more goods with less people.
All you have to do is watch "How It's Made" and count the number of machines versus people. Not very many people, except for when custom artistry is required.
The most "offshored" work is that which requires hand operation, such as sewing. But increasingly even those manual operations will become automated. Sock toe sewing is a prime example, the US lost much of its sock industry overseas, now with automated sock toe sewing machines, it is returning, but not hiring many people as they are not required.
This 'we, as a society' are the people of the United States who decided in the early 1900s to enact anti-trust laws, after seeing what lack of competition did to OUR (not their) economy.
The irony is that that of the "monopolies" that drove this policy, Standard Oil and American Tobacco, neither of the accused firms monopolized or "restrained" trade; on the contrary, both firms expanded outputs enormously, innovated continuously, and generally lowered prices for consumers. Many other anti-trust cases have also been against companies that dramatically lowered consumer prices, such as Alcoa. More info.
SMPTE 428M says that the Maximum resolution for DCDM operational level 1 is 4096x2160. That is the normative text.
It "informatively" says that 4096x1716 is the 2.39:1 AR for level 1. Similarly, 3996x2160 is the 1.85:1 AR for level 1.
But if you can't display the entire 4096x2160 DCDM (which would be a "funky" AR, I agree), I don't think you are fully SMPTE 428M DCDM operational level 1 compliant :)
It is because if anthropogenic global warming is real than the medicine is obvious - massive government intervention on a scale unprecedented in human history.
I don't think it is so obvious. There is little evidence that we can achieve the massive global government intervention required to achieve dramatic CO2 and Methane limitation. The threat of global violence required would be immense, especially outside of Europe / US.
On the other hand, it is likely that advanced economies can survive climate change (air conditioners, dikes, genetic engineering of food crops, etc.). I have a feeling that the world will simply try to deal with climate change, and those societies that are unwilling to become modern economies will fail.
The other possibility is that non-CO2 tech will come along. In truth, nuclear fission is here today ready to go to provide 80-90% of fixed-location power requirements. The problem is that we can't trust all countries with nuclear fission, and that the transportation industry is left out until battery technology becomes significantly advanced.
When people say "we might as well eat neighbors|kids|whoever" they are pretty much putting the lives of animals on the level, value-wise, with the lives of humans.
Yes, it is crazy! Dogs are way better than humans...