Damn, I did not know that banks and lending did not exist before 1997.
Chapter 11 sets a different threshold and regime for repossession, but it's still possible to repossess. What is interesting are the studies that show how the cost of borrowing increased after Chapter 11 was introduced in the U.S.
problem is the credit industry has the responsibility to VET who they loan to.
You can't just say 'VET better'! Vetting presupposes that you can calculate the risk of default, and the likelihood as a credit company that you'll have to incur the cost of repossessing. If there's no ability to repossess, then vetting is pointless anyway -- only an irrational credit companies would take any such risk.
This isn't arm-chair theorizing. There are countries where home repossession just isn't the done thing (mostly for religious reasons) -- in those countries, any rational vetting procedure would produce the answer: don't loan anything. And this is exactly what happens.
I am not a lawyer, and I wouldn't usually defend them, but... [sticks head above parapet]
Humour me an analogy: Nobody likes it when a bailiff comes to your door. But the reality is that if there were no bailiffs to repossess property bought on credit when you didn't pay up, then no-one would loan money. For example, in countries where there is a cultural/religious aversion to repossession of homes, it's almost impossible to get a mortgage, and overall rate of home ownership is lower -- the law of unintended consequences here is that if you as a society refuse to kick people out of their homes, fewer people will actually be able to own their own homes.
I think a patent troll company like this is similar. Nortel engineers worked hard to invent stuff. Shareholders of Nortel invested in the company to pay for that stuff to be invented. The value of these patents as assets which could be sold off is in effect a form of 'embodied energy' created in Nortel. Remove the ability for companies like Rockstar to exist and to seek out license fees from stuff Nortel investors paid Nortel engineers to invent them in the past, and you've retroactively denied those investors from some of the return on their historical investment. The end result moving forward is that people will invest less.
Patents serve a purpose, as does their expiry. I could back a plan to shorten patent lifetimes for some classes of patents, but I believe doing away with the whole system would be counter-productive to innovation.
So, if I've understood your argument, you're basically saying "the problem with Africa, Mexico and the rest of the world is that ordinary people don't have enough guns"
So poverty, thirst for oil, the war or drugs, etc. has nothing to do with it?
This is a troll, right?
... to force someone who wants to start up his own business to squander his time with concerns like this.
Given the amount of taxpayer dollars spent per capita on healthcare in the U.S. compared to other western countries, it's certainly not an efficient use of taxes either...
Get out your Fowler's. "Due to" has been used to mean "because of" in the Queen's English since 1955 - and I mean literally in a speech she made to parliament.
The article would have been much more informative if it had included information about how many of the students failing didn't have English as a mother-tongue.
I have interviewed and on occasion hired many U of W students who by virtue of being e.g. Chinese-Canadian had poor English skills but were nevertheless bright and good communicators.
I remember initially setting up our little site with 3 servers and a "managed" loadbalancer/failover solution from our hosting provider. Our domain name pointed to the IP address of the loadbalancer.
I learned that "managed" is actually a hosting company euphemism for "shared" and performance was seriously degraded during "prime time" everyday.
We eventually overcame our network latency issues by ditching the provider's loadbalancer and using round-robin DNS to point our domain name at all three of the 3 servers.
I was using Apache + JBoss + MySQL, and on each server I configured Apache's mod_jk loadbalancer to failover using AJP over stunnel to the JBoss instances on the other 2 servers. I also chose to configure each JBoss instance to talk to a MySQL instance on each box, these being configured in a replication cycle with the other MySQL instances for hot data backup.
For our load, we've never had any problems with this. The biggest component with downtime was JBoss (usually administrative updates), but Apache would seamlessly switch over to use use a different JBoss instance.
One of the servers was hosted with a different provider in a different site.
How does Classpath Exception help when in MIDP everything gets smushed into the same jar file -- there are no separate modules to "link" to one another.
Even if when using IDE tools in Eclipse like EclipseME that make it "look like" you're linking to a jar, that's actually IDE automagical convenience -- for MIDP what's happening under the covers during build is that the toolchain is unpackaging everything out of the linked jar and putting it all in the single MIDlet jar that you ship.
Don't know much about OSX versus OSX on the iPhone, but using WinCE versus "Big" Windows isn't a good example. Windows CE is a completely different OS than Windows, but was designed to have the Win32 API set, so that apps could be re-compiled/ported to the platform with minimal difficulty.
Will you keep quiet? Any more of that and the fools south of the 49th will finally realize that the free market does not work for healthcare or education, and then they'll be able to stop their cultural and economic implosion in time to thwart our plans for TOTAL WORLD DOMINATION...
Yankee scum. Prepare to welcome your new overlords, eh!
Slashdot Mirror
E tu mama tambien...
Damn, I did not know that banks and lending did not exist before 1997.
Chapter 11 sets a different threshold and regime for repossession, but it's still possible to repossess. What is interesting are the studies that show how the cost of borrowing increased after Chapter 11 was introduced in the U.S.
problem is the credit industry has the responsibility to VET who they loan to.
You can't just say 'VET better'! Vetting presupposes that you can calculate the risk of default, and the likelihood as a credit company that you'll have to incur the cost of repossessing. If there's no ability to repossess, then vetting is pointless anyway -- only an irrational credit companies would take any such risk.
This isn't arm-chair theorizing. There are countries where home repossession just isn't the done thing (mostly for religious reasons) -- in those countries, any rational vetting procedure would produce the answer: don't loan anything. And this is exactly what happens.
I am not a lawyer, and I wouldn't usually defend them, but... [sticks head above parapet]
Humour me an analogy: Nobody likes it when a bailiff comes to your door. But the reality is that if there were no bailiffs to repossess property bought on credit when you didn't pay up, then no-one would loan money. For example, in countries where there is a cultural/religious aversion to repossession of homes, it's almost impossible to get a mortgage, and overall rate of home ownership is lower -- the law of unintended consequences here is that if you as a society refuse to kick people out of their homes, fewer people will actually be able to own their own homes.
I think a patent troll company like this is similar. Nortel engineers worked hard to invent stuff. Shareholders of Nortel invested in the company to pay for that stuff to be invented. The value of these patents as assets which could be sold off is in effect a form of 'embodied energy' created in Nortel. Remove the ability for companies like Rockstar to exist and to seek out license fees from stuff Nortel investors paid Nortel engineers to invent them in the past, and you've retroactively denied those investors from some of the return on their historical investment. The end result moving forward is that people will invest less.
Patents serve a purpose, as does their expiry. I could back a plan to shorten patent lifetimes for some classes of patents, but I believe doing away with the whole system would be counter-productive to innovation.
Step 1. Move to Canada
Step 2...
So behave yourselves -- you won't see us coming if we don't want you to...
https://www.nytimes.com/2003/12/02/international/americas/02CANA.html?ex=1070946000&en=37b83e09654ed443&ei=5062&partner=GOOGLE
Non-paywall:
http://forum.grasscity.com/general-marijuana-news-around-world/31035-canada-steers-closer-europe-than-u-s.html
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x248028
So, if I've understood your argument, you're basically saying "the problem with Africa, Mexico and the rest of the world is that ordinary people don't have enough guns" So poverty, thirst for oil, the war or drugs, etc. has nothing to do with it? This is a troll, right?
Would this help Paul Chambers, the man who was found guilty of sending a menacing messages for his sarcastic Twitter bomb threat? http://www.facebook.com/group.php?gid=265300406002
... to force someone who wants to start up his own business to squander his time with concerns like this. Given the amount of taxpayer dollars spent per capita on healthcare in the U.S. compared to other western countries, it's certainly not an efficient use of taxes either...
No, I in fact meant to say that "due to" has been used for "because of" in the Queen's English since about 1955.
Get out your Fowler's. "Due to" has been used to mean "because of" in the Queen's English since 1955 - and I mean literally in a speech she made to parliament.
"due to" has been used for "because of" in the Queen's English since about 1955. Your point?
The article would have been much more informative if it had included information about how many of the students failing didn't have English as a mother-tongue. I have interviewed and on occasion hired many U of W students who by virtue of being e.g. Chinese-Canadian had poor English skills but were nevertheless bright and good communicators.
Cool. A patent troll "troll"
http://www.indecisionforever.com/2008/02/27/the-west-wing-obama-and-plagiarism/
I remember initially setting up our little site with 3 servers and a "managed" loadbalancer/failover solution from our hosting provider. Our domain name pointed to the IP address of the loadbalancer.
I learned that "managed" is actually a hosting company euphemism for "shared" and performance was seriously degraded during "prime time" everyday.
We eventually overcame our network latency issues by ditching the provider's loadbalancer and using round-robin DNS to point our domain name at all three of the 3 servers.
I was using Apache + JBoss + MySQL, and on each server I configured Apache's mod_jk loadbalancer to failover using AJP over stunnel to the JBoss instances on the other 2 servers. I also chose to configure each JBoss instance to talk to a MySQL instance on each box, these being configured in a replication cycle with the other MySQL instances for hot data backup.
For our load, we've never had any problems with this. The biggest component with downtime was JBoss (usually administrative updates), but Apache would seamlessly switch over to use use a different JBoss instance.
One of the servers was hosted with a different provider in a different site.
How does Classpath Exception help when in MIDP everything gets smushed into the same jar file -- there are no separate modules to "link" to one another. Even if when using IDE tools in Eclipse like EclipseME that make it "look like" you're linking to a jar, that's actually IDE automagical convenience -- for MIDP what's happening under the covers during build is that the toolchain is unpackaging everything out of the linked jar and putting it all in the single MIDlet jar that you ship.
Don't know much about OSX versus OSX on the iPhone, but using WinCE versus "Big" Windows isn't a good example. Windows CE is a completely different OS than Windows, but was designed to have the Win32 API set, so that apps could be re-compiled/ported to the platform with minimal difficulty.
Nice troll!
I use a Mac
We could tell from your beret.
Nice. Gartner is Sinn Fein to Microsoft's IRA
to "crackberry"
Will you keep quiet? Any more of that and the fools south of the 49th will finally realize that the free market does not work for healthcare or education, and then they'll be able to stop their cultural and economic implosion in time to thwart our plans for TOTAL WORLD DOMINATION... Yankee scum. Prepare to welcome your new overlords, eh!
I was waiting for the U of T grad to step in...
Dude, what plumber in his right mind would live in Windsor?