Owe the world a couple billion and you're in trouble, owe the world a couple trillion and they're in trouble. If the US restructured it's debt it would hurt Europe, China, and Japan far more than the US (we'd get to keep all the stuff we bought (and financed via debt).
It's not that hard, regulate the returns on their investment with a "transmission" portion of the cable bill, and then allow them to select channels (similar to long distance carriers) as a separate service (billed by the cable company). If the cable companies don't adopt the model on their own, the open nature of the internet will provide it soon enough anyway (ABC/ESPN/Disney are beginning to offer proto-channels over the interent). Cable interent fees are effectively cover the network (and allow you access to select the content you would like delivered over that network).
Based on apple's revenue recognition, and deferred revenue balances, it looks like AT&T did. Apple got about 108 million in revenue from sales of 1.1 million iPhones this quarter. That's an average of about $100/phone. However their iPhone related defferred revenue increased by about $300/mo. Meaning AT&T pays for the phones each month subscribers stay with them. No subscription=no payment.
The main decision is you have to decide if you want to open a national bank (chartered federally) or a state bank (chartered within the state). The choice will impact your markets and rules you operate under. Then you need stockholders (both have restrictions on how few shareholders you have). Then you need to apply for a charter with the relavent banking regulator (OCC, FED, or State)
Practially, you would want a decent deposit base (>10 million to have a good shot at making it. It's best if most of these initial deposits come from your shareholders. A good rule of thumb is branches become profitable with about $25 million in deposits.
Last time I checked it was about 5 songs per iPod, that was a year or two ago so it might be as high as 10 or so now. Since most iPods hold many times that number I think we can safely conclude their true purpose for most people.
I went to Montana State University in Bozeman, and while our books were generally expensive, they were typically within about 10% of the Amazon/B&N price (when you could find the right edition). It was student/faculty owned and they gave students a 10% owners discount from the prices.
Eventually I was on the board, and while they had pretty decent staffing levels, margins were only about 12% (nonprofit so no taxes or they'd have been around 9%). They were only that high to save for a remodeling of the store then the dividend would go back to 15%. Best of all used book prices were about 1/3 of what you paid for most books.
I'd guess it's one of two things, either he's earning money by farming loot and if he logs/leaves he will reduce his income substantially (because someone else will get his location or it takes a long time to reach). Or he's really just on the receiving end of a variable schedule reward system and he misses the dopamine hits too much to leave.
Unfortunately good ideas have to be implimented by corruptable people/institutions. I believe that the pendulum is probably at its apex of shifting toward copyright holders and will likely swing toward fair use users. I agree we need wholesale patent reform, but agree that it isn't very likely. We would all benefit from reform of the sugar quota, but that isn't likely to happen either.
That open things are more valuable is obvious that's why copyrights and patents expire. They exist to reward innovators with a temporary excess profit (at the cost of less gains for everyone else.
I think it's more like providing parameters for a car such as: "well, it might get 3 miles to the gallon, have a range of 30 miles, not function at all on rainy dais, and explode on contact with anything larger than a bowling ball", but then delivering a regular car.
I agree. Except the FDIC is government backed (they operate as a separate entity until something goes really badly and then the taxpayers are on the hook). It's difficult for private entities to achieve similar credibility to that of a government especially in financial matters. Perhaps a large insurance company (Lloyd's or Buffett's firm) could back it.
In the case of most table games, there are rules to be followed (while there are differences such as soft 17s once decided those decisions become effectively rules and should be followed as well). I think it's efficient to have an outside party regulate that casinos are following the rules (it would be costly for all players to monitor casinos to ensure that the rules were being followed).
In the case of slot machines, it is much more costly because the rules and payouts change from machine to machine and due to the very wide variance it would be costly to the point of impossiblity for customers to monitor adherence to the payout schedule. Paying 85% while implying or stating 95% imposes a cost on all the other casinos (perception that all are unfair) so it's in their interest to be monitored for adherance to the standard. I'd suspect that if government monitoring were taken away most casinos would find an independant body to monitor adherance rather quickly.
The difference is marketing and volatility. Sure net the Casino wins, but that doesn't mean that there can't be times or even individuals who do pretty well in the mean time (due only to the randomness of the process) 95% payout will result in a decent pool of "winners" who will do your marketing for you.
Same thing here except I bought an XBox/big LCD TV for gaming and mini for browsing. Both PCs are in the bedroom as spare parts/experment boxes, i haven't touched them for much in 3 months.
I think most of the issue geeks have with brokers is that we are typically able to learn new systems very quickly. While when I started shopping for cars, I knew only a small amount, by the time I was ready to purchase, I knew more about autos than most car salespeople. Never assume that just because someone is brokering a deal, they are an expert on the product being sold. Some are (and are well worth their fees) but some are not.
The lake may well be quite far from the nearest town. I know of several lake rich areas that would require not only a long drive but also several miles of hiking/horseback riding (they're in wilderness areas).
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Owe the world a couple billion and you're in trouble, owe the world a couple trillion and they're in trouble. If the US restructured it's debt it would hurt Europe, China, and Japan far more than the US (we'd get to keep all the stuff we bought (and financed via debt).
It's not that hard, regulate the returns on their investment with a "transmission" portion of the cable bill, and then allow them to select channels (similar to long distance carriers) as a separate service (billed by the cable company). If the cable companies don't adopt the model on their own, the open nature of the internet will provide it soon enough anyway (ABC/ESPN/Disney are beginning to offer proto-channels over the interent). Cable interent fees are effectively cover the network (and allow you access to select the content you would like delivered over that network).
But that's a west African villiage, totally different risk profile. Well played.
That's exactly what he tested (NY and California legalized before other areas).
Based on apple's revenue recognition, and deferred revenue balances, it looks like AT&T did. Apple got about 108 million in revenue from sales of 1.1 million iPhones this quarter. That's an average of about $100/phone. However their iPhone related defferred revenue increased by about $300/mo. Meaning AT&T pays for the phones each month subscribers stay with them. No subscription=no payment.
We do assign some blame (not the same level but some) to the guy who procures the GHB for the serial rapist, though.
The main decision is you have to decide if you want to open a national bank (chartered federally) or a state bank (chartered within the state). The choice will impact your markets and rules you operate under. Then you need stockholders (both have restrictions on how few shareholders you have). Then you need to apply for a charter with the relavent banking regulator (OCC, FED, or State)
Practially, you would want a decent deposit base (>10 million to have a good shot at making it. It's best if most of these initial deposits come from your shareholders. A good rule of thumb is branches become profitable with about $25 million in deposits.
Last time I checked it was about 5 songs per iPod, that was a year or two ago so it might be as high as 10 or so now. Since most iPods hold many times that number I think we can safely conclude their true purpose for most people.
If you hold them up all day, you'll still build muscles.
I went to Montana State University in Bozeman, and while our books were generally expensive, they were typically within about 10% of the Amazon/B&N price (when you could find the right edition). It was student/faculty owned and they gave students a 10% owners discount from the prices.
Eventually I was on the board, and while they had pretty decent staffing levels, margins were only about 12% (nonprofit so no taxes or they'd have been around 9%). They were only that high to save for a remodeling of the store then the dividend would go back to 15%. Best of all used book prices were about 1/3 of what you paid for most books.
I'd guess it's one of two things, either he's earning money by farming loot and if he logs/leaves he will reduce his income substantially (because someone else will get his location or it takes a long time to reach). Or he's really just on the receiving end of a variable schedule reward system and he misses the dopamine hits too much to leave.
Unfortunately good ideas have to be implimented by corruptable people/institutions. I believe that the pendulum is probably at its apex of shifting toward copyright holders and will likely swing toward fair use users. I agree we need wholesale patent reform, but agree that it isn't very likely. We would all benefit from reform of the sugar quota, but that isn't likely to happen either.
That open things are more valuable is obvious that's why copyrights and patents expire. They exist to reward innovators with a temporary excess profit (at the cost of less gains for everyone else.
Especially in the fall, elk like to talk, a ton. Txting Hi wnt 2 m8 is much easier than bugling all day and night (and you got shot at far less too).
I think it's more like providing parameters for a car such as: "well, it might get 3 miles to the gallon, have a range of 30 miles, not function at all on rainy dais, and explode on contact with anything larger than a bowling ball", but then delivering a regular car.
When you leverage off the work of others and don't abide by the terms of their license to use their work.
I agree. Except the FDIC is government backed (they operate as a separate entity until something goes really badly and then the taxpayers are on the hook). It's difficult for private entities to achieve similar credibility to that of a government especially in financial matters. Perhaps a large insurance company (Lloyd's or Buffett's firm) could back it.
True, but typical convention is to refer to Senators as such, while members of the house are either Representatives or Congresspersons.
In the case of most table games, there are rules to be followed (while there are differences such as soft 17s once decided those decisions become effectively rules and should be followed as well). I think it's efficient to have an outside party regulate that casinos are following the rules (it would be costly for all players to monitor casinos to ensure that the rules were being followed). In the case of slot machines, it is much more costly because the rules and payouts change from machine to machine and due to the very wide variance it would be costly to the point of impossiblity for customers to monitor adherence to the payout schedule. Paying 85% while implying or stating 95% imposes a cost on all the other casinos (perception that all are unfair) so it's in their interest to be monitored for adherance to the standard. I'd suspect that if government monitoring were taken away most casinos would find an independant body to monitor adherance rather quickly.
The difference is marketing and volatility. Sure net the Casino wins, but that doesn't mean that there can't be times or even individuals who do pretty well in the mean time (due only to the randomness of the process) 95% payout will result in a decent pool of "winners" who will do your marketing for you.
Judge Posner is probably one of the best legal minds of the age, it's sad that he wasn't one of the nominees to the Supreme Court.
Same thing here except I bought an XBox/big LCD TV for gaming and mini for browsing. Both PCs are in the bedroom as spare parts/experment boxes, i haven't touched them for much in 3 months.
It's true, here's an explanation of potentially why. http://www.slate.com/id/2135226/
I think most of the issue geeks have with brokers is that we are typically able to learn new systems very quickly. While when I started shopping for cars, I knew only a small amount, by the time I was ready to purchase, I knew more about autos than most car salespeople. Never assume that just because someone is brokering a deal, they are an expert on the product being sold. Some are (and are well worth their fees) but some are not.
The lake may well be quite far from the nearest town. I know of several lake rich areas that would require not only a long drive but also several miles of hiking/horseback riding (they're in wilderness areas).