And not only will the federal reserve not create inflation, Janet has been Yellen' about reversing QE (not that anyone believes anything the Fed says anymore). That would effectively take 4 Trillion (yes, with a 'T') out of the economy (though not all at once, hopefully). That would have the same effect as firms hoarding cash. Why would they do that? Because "mebbe' we need to do QE again some time". Which makes absolutely zero sense.
The problem is that the fed keeps screwing with the money supply. Firms then put their efforts into repositioning to take advantage of the new economic conditions rather than getting shit done. I'm not so laissez faire on fiscal policy or regulation, but monetary should be left alone. Let the economy reach equilibrium. Let us plan for the future with some sort of certainty at least on the thing people can control (the amount of money in circulation).
I'm not sure if they're getting data directly from Visa/MC, but why not just let them have it. Make all that data available through a REST API. We obviously can't stop them from tracking us, so why not let them just have out data easily -- and get the data ourselves while we're at it.
Sure, you can download spending data from some banks, but it's not easy. Why not require that banks and/or vendors make every single non-cash transaction available, including itemized details rather than just totals, available in real time via a standard protocol. Imagine the apps we could write to introduce real competition and price comparison into the market if we had that data.
With Michigan's exemplary track record implementing minimal regulations, what could possibly go wrong?
Seriously though, I'm glad their beta(alpha?)-testing this for the rest of us. I think we all agree self-driving cars have great potential once we get it right, but someone has to go first to get there. Way to take one for the team, Michigan!
Primarily, I think you've got several screws loose. I think the rich voted for Trump because of things like the estate tax...
This implies that rich and upper-middleclass people are stupid. 90% of Americans have a net worth < $1 million. 99.5% have a net worth < $11.8 Million. Under current tax law, you only pay federal estate taxes on the part of your net worth that exceeds $10.9 Million for 2016, which is automatically adjusted for inflation. That < 1% of the population obviously couldn't have elected trump on their own, so the rest of the rich and semi-rich who voted for him must either be stupid or naively optimistic about their future earning prospects. Even if the Democrats were in power and bumped the estate tax exemption down to the pre-Bush $1 million level, that's still only 10% of Americans who'd pay a penny in estate taxes.
Note that this post isn't rhetorical. It's entirely possible that Trump voters did vote primarily on personal economics and fall into these three categories:
1. Think Trump's tax policies will directly benefit them, but just can't or didn't bother to do the very simple math.(i.e. the stupid and the lazy)
2. Understand that Trump's tax policies will lower taxes on people richer than them a lot more than it will lower taxes on them directly, but believe the higher-order effects will have a net benefit to them (i.e. trickle-down economics).
3. Are really rich and will benefit from Trump's tax policies
I'm just saying that #3 is far too small a voting block to even move the needle in the popular or electoral college votes. If economics was a deciding factor for a significant number of voters, some combination of #1 and #2 were heavily involved.
He's already said he wants to get rid of safety and consumer-friendly regulations...
And there's your answer. He WILL bring jobs back to America. His tariffs will raise prices and cause scarcity. One party control will abolish the minimum wage and the social safety net. Once we're all broke and desperate, deregulation will gut both OSHA and the EPA, making American labor competitive again. Then the incredibly wealthy elite like Trump can manufacture things at home while still increasing their share of GDP even faster than they did under the Democraps (which was pretty fast!)
Slashdot has been making me less productive since before Twitter and Facebook were a gleam in the eye of Jack Dorsey and Mark Zuckerberg's eyes. And I've been using "well, it's technical, so maybe I'll meet someone or learn something" as an excuse to read slashdot the whole time. Doh! I'm doing it again, right now, as I type. Screw this trash. I'm done with it. I hereby give up caffeine too, since its clearly just a tool the Illuminati use to control us all.
Probation? He needs a "thank you" from both Apple and whatever IT department manages 911. If they can't handle a 6000-phone oops by some kid, WTF do I pay my taxes for? When ISIS and foreign governments launch such attacks, they will be much larger scale and at much less opportune times that really do cause lots of death and mayhem. He basically just walked into their wide open front door and said, "hey, you left the door open". If he happened to track a bit of mud on the carpet on his way out, that seems like a small price to pay.
It's all true, I was there where Nibiru (our mystery planet) and Tiamat (the remnant of which became Earth) collided. And it was a conspiracy too. I know because everyone's home insurance had a interplanetary collision exclusion. WTF! Why would they even put that in there -- unless they knew it was going to happen.
I knew I should have voted for Enlil. He may have been a bully, but at least he wasn't selling influence to the highest bidder like EA.
Obviously Ecuador is meddling in the US election, but if they hadn't they'd be truly unique among nations. I'm not mad at Ecuador (or Russia if they were the source of leaked info) for hacking or disclosing this that and the other. I expect it. It's just some bits on disk somewhere. It's not like they shot a missile at us. That sort of think occurred long before the Internet, it's just less risky and at greater scale these days.
I just hope to high Heaven that our secret intelligence services have the capability to do the same.
No, I meant that I figured there would be so many people wanting to make this monty python reference that there would be a queue to do so. How did I end up first in the queue? Why would anyone need to wait for a cue to make a Monty Python reference on slashdot?
No go back to eating your donuts (or doughnuts, if you prefer) grammar police.
Great Barrier Reef: I'm not quite dead yet! Global Warming: 'Ere, he says he's not dead. Science: Yes he is Great Barrier Reef: I'm not Science: Well, he will be soon, he's very ill Great Barrier Reef: I'm getting better Science: No you're not, you'll be stone dead in a moment.
How is it that no one beat me to this post here on slashdot?
Terrorist 1: Why all this bombing? Why not hit the great satan where it hurts -- in the pocket book? Terrorist 2: We though about that, but with Iraq, Social Security, Medicare, bank bailouts, quantitative easing and now Mars, their own government and federal reserve are simply beating us to it. We'd just be spitting in the ocean.
(Yes, I know poo-pooing a Mars mission here on slashdot will get me moded into oblivion, but really?!? Mars? Grow some crops in the desert first and then let's talk about space.)
Okay, I relent and agree. MS actually is pretty f-ing amazing in terms of supporting stuff for the long haul. Sorry, Bill. I apologize..NET is still a PITA that I don't enjoy coding in though.
Uh..fanboy much? Did we forget silverlight? (Yes, I know they've committed to security bug fixes until 2021, but still...)
This is why commercial software is just plain bad -- we buy because we hope to get something near perfect and avoid this type of stuff. But alas, free or commercial, developers have always had the same struggles with an ever-shifting landscape. At very least with FOSS you can take up maintenance of a library yourself if you have to. And a relatively small effort to fix a critical bug or missing feature can pay off big when it brings new users and developers.
Commercial licenses should have a provision that if the vendor ever decides to discontinue future development, they are required to open-source the whole thing for free.
The law disagrees. It is called THEFT of services.
Yes, and he's clearly in the wrong because he clearly knew he was using something he didn't pay for. But the world really does need to come up with some logical legal argument that places blame on a party who's negligence in terms of IT security harms some 3rd party. In this case, T-Mobile is the party harmed in terms of lost revenue, so that doesn't apply. But ethical hacking and wistleblower protections laws are clearly non-existant or not enforced, and never will be until the law places blame on the party who could and should have afforded the effort for better safeguards.
What, what?!? If you search for the word 'butt', wouldn't you complain if you DIDN'T get an explicit image? Or is the problem that the My Little Pony image wasn't explicit enough? Maybe one really does have to go to the 2nd page of search results from time to time.
I hope it's US DoD trying to catch up on cyber security. Or maybe not. I'm not sure who's scarier, foreign governments or our own. Not that I like terrorists, but I'm pretty sure we all need to be more worried about all the the "official" guys we willingly bought nukes and stuff for than we do about the "alquiedas" who might like to steal one.
Wow. That's a bleak and insulting picture of both the future and of slashdot. And you're clearly suffering from Dunning-Kruger -- or more accurately, the rest of us find you insufferable due to Dunning-Kruger.
I admit, I awk and perl pushed everything about linear algebra and a whole boatload of other things I learned in school out of my brain. But that doesn't make me stupid -- I simply know practical things for my particular and current situation. I have no doubt I could pick up linear algebra quickly should I ever find a use for it. But advanced mathematics is a very specific skill that's valuable only in a very specific few situations -- just like awk and perl. And just as equation solvers like matlab devalue some of the skills of people who can do certain algebraic manipulations in their head quickly, new languages, software and IT design patterns will (hopefully) supersede today's internet duct tape. But just as you learn to use matlab to work more efficiently, I learn how to use Docker Swarm and Consul and RUM and CNDs to work more efficiently. Sure, some of today's current IT people will be freed up for more productive work because I can do more with less. But those of us left will be paid more, not less. And the results of our less but smarter work will make the world exponentially better (though we'll almost certainly not be paid exponentially more).
The bad part about lack of anonymity in our transactions is that Big Data actually gets us some reasonable legal use cases for privacy like why should my credit card company and everyone they share data with know what kind of porn I buy or what books I read or whether I go out to lunch often and who knows what kind of automated algorithms farther down the chain might do with that info like deny me employment surreptitiously.
We all need to admit that the privacy war was lost long ago. But we have plenty of use cases for all the Big Data too. So instead of ranting about privacy, we need to change laws to make everyone who tracks us give us copies of all that Big Data in real time and in a useful (i.e. machine readable) format.
Anonymous (if you do it right) and saves you money at the same time. There's the moral dilemma, of course, but if you're paying for something anonymously you must be a terrorist anyway, so...
What? Amazon has a device called the "Paperwhite"? Did anyone else initially read that as "paperweight"? I guess technically it's the Win10 system that because a paperweight, but if you can't charge it because it crashes your computer, the reader will eventually become one too.
This can be ended quite easily, blacklist numbers that receive a large ratio of complaints to calls. Make it possible to rate received calls.
Requires users to spend extra time after making a call, and could be confusing. It could also get legitimate numbers (collection agencies following the law) blacklisted wrongly because people don't like them, or allow people to now SWAT phone numbers of people which could be a serious safety concern given how many households rely on only a single cellular line.
Extra time? I already blacklist numbers that spam me now the new versions of Android make it easy, so no extra there. They simply need to share (with opt-in user permission, of course) our personal lists of blacklisted numbers. They'd pretty easily sort themselves out into very high blacklisted numbers and everything else. When the phone companies start running out of phone numbers that aren't blacklisted, they'll agitate regulators for a real solution.
And as for collection agencies, let people blacklist them. It may be legal for them to call, but it's also legal for me to ignore them and for me to freely share their numbers with the public so everyone else can do the same. If they want someone's money, use the courts instead of harassing people.
But what I really want is punishment. Let regulators work their way down the list of highly blacklisted numbers and fine companies into oblivion when once they collect evidence of illegal abuse.
The collection agencies can skate on the punishment front since they're legal, but we still get to blacklist them so they don't bother us.
Justice may be blind, but she sure is greedy. Not that I'm a huge gawker fan, but clearly having a billion dollars lets you have your way in the courts. Had they posted a sex tape of some average Joe and/or not somehow pissed off Thiel, Mr. Average Joe would just have to live with it because he wouldn't have the money to fight it in court.
Open source (well, sort of) means that we know our Android devices are tracking our every move. Apple isn't defending your privacy. They're defending your false beliefs that they don't track you.
That said, so long as I can use the fact that my phone wasn't at the scene of the crime as an alibi, I'm all for the government having such data (after getting a warranty, of course). That way we only have to worry about the criminals with IQ scores of 10 or better.
And not only will the federal reserve not create inflation, Janet has been Yellen' about reversing QE (not that anyone believes anything the Fed says anymore). That would effectively take 4 Trillion (yes, with a 'T') out of the economy (though not all at once, hopefully). That would have the same effect as firms hoarding cash. Why would they do that? Because "mebbe' we need to do QE again some time". Which makes absolutely zero sense.
The problem is that the fed keeps screwing with the money supply. Firms then put their efforts into repositioning to take advantage of the new economic conditions rather than getting shit done. I'm not so laissez faire on fiscal policy or regulation, but monetary should be left alone. Let the economy reach equilibrium. Let us plan for the future with some sort of certainty at least on the thing people can control (the amount of money in circulation).
I'm not sure if they're getting data directly from Visa/MC, but why not just let them have it. Make all that data available through a REST API. We obviously can't stop them from tracking us, so why not let them just have out data easily -- and get the data ourselves while we're at it.
Sure, you can download spending data from some banks, but it's not easy. Why not require that banks and/or vendors make every single non-cash transaction available, including itemized details rather than just totals, available in real time via a standard protocol. Imagine the apps we could write to introduce real competition and price comparison into the market if we had that data.
With Michigan's exemplary track record implementing minimal regulations, what could possibly go wrong?
Seriously though, I'm glad their beta(alpha?)-testing this for the rest of us. I think we all agree self-driving cars have great potential once we get it right, but someone has to go first to get there. Way to take one for the team, Michigan!
Primarily, I think you've got several screws loose. I think the rich voted for Trump because of things like the estate tax...
This implies that rich and upper-middleclass people are stupid. 90% of Americans have a net worth < $1 million. 99.5% have a net worth < $11.8 Million. Under current tax law, you only pay federal estate taxes on the part of your net worth that exceeds $10.9 Million for 2016, which is automatically adjusted for inflation. That < 1% of the population obviously couldn't have elected trump on their own, so the rest of the rich and semi-rich who voted for him must either be stupid or naively optimistic about their future earning prospects. Even if the Democrats were in power and bumped the estate tax exemption down to the pre-Bush $1 million level, that's still only 10% of Americans who'd pay a penny in estate taxes.
Speculating about the higher order effects of how large structural changes in the tax code will effect the income distribution is akin to astrology, but the 1st order effects are clearly more beneficial for a small minority of the wealthiest Americans.
Note that this post isn't rhetorical. It's entirely possible that Trump voters did vote primarily on personal economics and fall into these three categories:
I'm just saying that #3 is far too small a voting block to even move the needle in the popular or electoral college votes. If economics was a deciding factor for a significant number of voters, some combination of #1 and #2 were heavily involved.
He's already said he wants to get rid of safety and consumer-friendly regulations ...
And there's your answer. He WILL bring jobs back to America. His tariffs will raise prices and cause scarcity. One party control will abolish the minimum wage and the social safety net. Once we're all broke and desperate, deregulation will gut both OSHA and the EPA, making American labor competitive again. Then the incredibly wealthy elite like Trump can manufacture things at home while still increasing their share of GDP even faster than they did under the Democraps (which was pretty fast!)
Slashdot has been making me less productive since before Twitter and Facebook were a gleam in the eye of Jack Dorsey and Mark Zuckerberg's eyes. And I've been using "well, it's technical, so maybe I'll meet someone or learn something" as an excuse to read slashdot the whole time. Doh! I'm doing it again, right now, as I type. Screw this trash. I'm done with it. I hereby give up caffeine too, since its clearly just a tool the Illuminati use to control us all.
Probation? He needs a "thank you" from both Apple and whatever IT department manages 911. If they can't handle a 6000-phone oops by some kid, WTF do I pay my taxes for? When ISIS and foreign governments launch such attacks, they will be much larger scale and at much less opportune times that really do cause lots of death and mayhem. He basically just walked into their wide open front door and said, "hey, you left the door open". If he happened to track a bit of mud on the carpet on his way out, that seems like a small price to pay.
It's all true, I was there where Nibiru (our mystery planet) and Tiamat (the remnant of which became Earth) collided. And it was a conspiracy too. I know because everyone's home insurance had a interplanetary collision exclusion. WTF! Why would they even put that in there -- unless they knew it was going to happen.
I knew I should have voted for Enlil. He may have been a bully, but at least he wasn't selling influence to the highest bidder like EA.
- Ashurbanipal
Obviously Ecuador is meddling in the US election, but if they hadn't they'd be truly unique among nations. I'm not mad at Ecuador (or Russia if they were the source of leaked info) for hacking or disclosing this that and the other. I expect it. It's just some bits on disk somewhere. It's not like they shot a missile at us. That sort of think occurred long before the Internet, it's just less risky and at greater scale these days.
I just hope to high Heaven that our secret intelligence services have the capability to do the same.
No, I meant that I figured there would be so many people wanting to make this monty python reference that there would be a queue to do so. How did I end up first in the queue? Why would anyone need to wait for a cue to make a Monty Python reference on slashdot?
No go back to eating your donuts (or doughnuts, if you prefer) grammar police.
Great Barrier Reef: I'm not quite dead yet!
Global Warming: 'Ere, he says he's not dead.
Science: Yes he is
Great Barrier Reef: I'm not
Science: Well, he will be soon, he's very ill
Great Barrier Reef: I'm getting better
Science: No you're not, you'll be stone dead in a moment.
How is it that no one beat me to this post here on slashdot?
Terrorist 1: Why all this bombing? Why not hit the great satan where it hurts -- in the pocket book?
Terrorist 2: We though about that, but with Iraq, Social Security, Medicare, bank bailouts, quantitative easing and now Mars, their own government and federal reserve are simply beating us to it. We'd just be spitting in the ocean.
(Yes, I know poo-pooing a Mars mission here on slashdot will get me moded into oblivion, but really?!? Mars? Grow some crops in the desert first and then let's talk about space.)
Okay, I relent and agree. MS actually is pretty f-ing amazing in terms of supporting stuff for the long haul. Sorry, Bill. I apologize. .NET is still a PITA that I don't enjoy coding in though.
Did anyone catch the name of the prosecutor who filed the charges? I'd like to nominate him or her for president if it's not too late.
Uh..fanboy much? Did we forget silverlight? (Yes, I know they've committed to security bug fixes until 2021, but still...)
This is why commercial software is just plain bad -- we buy because we hope to get something near perfect and avoid this type of stuff. But alas, free or commercial, developers have always had the same struggles with an ever-shifting landscape. At very least with FOSS you can take up maintenance of a library yourself if you have to. And a relatively small effort to fix a critical bug or missing feature can pay off big when it brings new users and developers.
Commercial licenses should have a provision that if the vendor ever decides to discontinue future development, they are required to open-source the whole thing for free.
The law disagrees. It is called THEFT of services.
Yes, and he's clearly in the wrong because he clearly knew he was using something he didn't pay for. But the world really does need to come up with some logical legal argument that places blame on a party who's negligence in terms of IT security harms some 3rd party. In this case, T-Mobile is the party harmed in terms of lost revenue, so that doesn't apply. But ethical hacking and wistleblower protections laws are clearly non-existant or not enforced, and never will be until the law places blame on the party who could and should have afforded the effort for better safeguards.
What, what?!? If you search for the word 'butt', wouldn't you complain if you DIDN'T get an explicit image? Or is the problem that the My Little Pony image wasn't explicit enough? Maybe one really does have to go to the 2nd page of search results from time to time.
I hope it's US DoD trying to catch up on cyber security. Or maybe not. I'm not sure who's scarier, foreign governments or our own. Not that I like terrorists, but I'm pretty sure we all need to be more worried about all the the "official" guys we willingly bought nukes and stuff for than we do about the "alquiedas" who might like to steal one.
Wow. That's a bleak and insulting picture of both the future and of slashdot. And you're clearly suffering from Dunning-Kruger -- or more accurately, the rest of us find you insufferable due to Dunning-Kruger.
I admit, I awk and perl pushed everything about linear algebra and a whole boatload of other things I learned in school out of my brain. But that doesn't make me stupid -- I simply know practical things for my particular and current situation. I have no doubt I could pick up linear algebra quickly should I ever find a use for it. But advanced mathematics is a very specific skill that's valuable only in a very specific few situations -- just like awk and perl. And just as equation solvers like matlab devalue some of the skills of people who can do certain algebraic manipulations in their head quickly, new languages, software and IT design patterns will (hopefully) supersede today's internet duct tape. But just as you learn to use matlab to work more efficiently, I learn how to use Docker Swarm and Consul and RUM and CNDs to work more efficiently. Sure, some of today's current IT people will be freed up for more productive work because I can do more with less. But those of us left will be paid more, not less. And the results of our less but smarter work will make the world exponentially better (though we'll almost certainly not be paid exponentially more).
The bad part about lack of anonymity in our transactions is that Big Data actually gets us some reasonable legal use cases for privacy like why should my credit card company and everyone they share data with know what kind of porn I buy or what books I read or whether I go out to lunch often and who knows what kind of automated algorithms farther down the chain might do with that info like deny me employment surreptitiously.
We all need to admit that the privacy war was lost long ago. But we have plenty of use cases for all the Big Data too. So instead of ranting about privacy, we need to change laws to make everyone who tracks us give us copies of all that Big Data in real time and in a useful (i.e. machine readable) format.
Anonymous (if you do it right) and saves you money at the same time. There's the moral dilemma, of course, but if you're paying for something anonymously you must be a terrorist anyway, so...
What? Amazon has a device called the "Paperwhite"? Did anyone else initially read that as "paperweight"? I guess technically it's the Win10 system that because a paperweight, but if you can't charge it because it crashes your computer, the reader will eventually become one too.
Who names these things?
This can be ended quite easily, blacklist numbers that receive a large ratio of complaints to calls. Make it possible to rate received calls.
Requires users to spend extra time after making a call, and could be confusing. It could also get legitimate numbers (collection agencies following the law) blacklisted wrongly because people don't like them, or allow people to now SWAT phone numbers of people which could be a serious safety concern given how many households rely on only a single cellular line.
Extra time? I already blacklist numbers that spam me now the new versions of Android make it easy, so no extra there. They simply need to share (with opt-in user permission, of course) our personal lists of blacklisted numbers. They'd pretty easily sort themselves out into very high blacklisted numbers and everything else. When the phone companies start running out of phone numbers that aren't blacklisted, they'll agitate regulators for a real solution.
And as for collection agencies, let people blacklist them. It may be legal for them to call, but it's also legal for me to ignore them and for me to freely share their numbers with the public so everyone else can do the same. If they want someone's money, use the courts instead of harassing people.
But what I really want is punishment. Let regulators work their way down the list of highly blacklisted numbers and fine companies into oblivion when once they collect evidence of illegal abuse.
The collection agencies can skate on the punishment front since they're legal, but we still get to blacklist them so they don't bother us.
Justice may be blind, but she sure is greedy. Not that I'm a huge gawker fan, but clearly having a billion dollars lets you have your way in the courts. Had they posted a sex tape of some average Joe and/or not somehow pissed off Thiel, Mr. Average Joe would just have to live with it because he wouldn't have the money to fight it in court.
Open source (well, sort of) means that we know our Android devices are tracking our every move. Apple isn't defending your privacy. They're defending your false beliefs that they don't track you.
That said, so long as I can use the fact that my phone wasn't at the scene of the crime as an alibi, I'm all for the government having such data (after getting a warranty, of course). That way we only have to worry about the criminals with IQ scores of 10 or better.