That link doesn't even mention the other currencies - the Euro has more cash circulating than the USD. And, they have 200 and 500 Euro notes in common use, that would be like ~$250 and ~$650 bills.
by limiting credit card use it is much easier for me to notice fraud
I have the best of both - my Amex card gives me %2 back on everything. Straight-up money, direct deposit whenever I have accumulated $50 or more due back to me. No "rewards" web-site or anything like that.
By auto-charging my cable bill, phone bill, cell bill, newspaper, and a few other things (that do not charge a CC fee), I run hundreds of dollars a month thru my card, and pay the balance each month. From my point of view I get paid 2% to use the card.
However, I prefer paying in cash for non-recurring things like every day shopping trips, restaurants, and the like.
At the end of the month, the credit card statement is clean and easy to check, and the cash budget takes care of itself. No money in the wallet? No impulse buys.
BTW - not EVERYONE accepts cash - try buying a beer on an airplane.
Which is why I regularly get $300, in $20's from the ATM, then promptly step up to the bank counter (next to the ATM in my grocery store) and ask for 200 of it to be changed to $50's.
It is a lot easier to sit on a literally thin wallet, but it sucks to be broke, and 20's don't go very far.
Last summer, I purchased a used car for cash - $8000 in $100's is a fat enough envelope, paying with $20's would be retarded. (And yes, paying in cash was a reasonable thing to do - they seller didn't want a check, can't trust a cashiers check, why should we be inconvenienced to coordinate a bank visit, when we did a deal on a Sunday afternoon, etc.)
Good, this world is best suited for us Persons of Quality, down the rabble! The hoi palloi have been far too uppity of late, it's high time to put them back in their place, I say! (Except the telephone sanitizers, they do a yeoman's job, what ho!)
Why do the photos have a 50 star flag over the "series 1934" label? The box itself isn't even correct... unless there is some good reason it doesn't have the period correct 48 star flag.
They were quick to look out for the well-being of Whitney Houston's bereaved family, by maximizing the royalties to her estate. Recognizing that her loved ones should benefit from their share of the artist's work, and that no further work is forthcoming, they risked the possibility of being called money grubbers, just to help out this family.
This tangentially reminds me of the concept of "micropayments". which most folks here would say is a "good thing", because they assume it would (only) facilitate doing useful things in the digital realm. Make no mistake, if it were easy to charge "trivial" amounts for trivial things in the real world too, it will be done.
Right now, getting a sip of water, and sometimes charging your laptop is "free" in many public venues because those things are "too cheap to meter", just wait until it is no longer too cheap to meter.
Paying is one thing, but of course, along with "micropayments" will be "microrecordingofyoureverymove", and that is one thing that this crowd is usually NOT for.
Hypothetical, say you are a criminal, but want to avoid the fate of Al Capone and get busted for not paying your taxes. Can you use the capital gains rate if you have some sort of fraud that takes more than a year for the payoff?
The best would be some sort of crime that pays off after the statute of limitations, and you only have to pay the lower capital gains rate. Win Win Win!
Ummm, Greenland IS in North America - it is just not a "North American Country", I guess by reason that it is an "autonomous country within the kingdom of Denmark"... so it is a country, it is in North America, but it is not on a list of countries in North America. Got it?
If the steaming pile of poo from Norton, McAfee, etc, reduce the price by more than the cost of the pound of Microsoft flesh... then the consumer does get a net value. Those crapware vendors aren't going to subsidize hardware without an OS to support their stench.
Even if the Windows cost is something, as long as it is small, someone who wants bare hardware may still make out, due to economies of scale - the vendor need not stock different SKUs, etc.
If the price for bare HW is less, or even the same, great. But if it is actually more, how much more are you willing to pay to avoid having to type in a few fdisk and mkfs commands?
Let's say a Chinese worker gets $1.50/hr ($17 for an 11.3 hr day).
Let's say "US like wages" are 10x - $15/hr. So, $170 in wages or $153 more per day.
That's just a little more than TWO iPads that cost $70 each, more, to produce. This implies a worker only makes 2.2 iPads a day? Something doesn't add up. I know there is more than one worker needed - just a WAG, let's say there are 100 workers on an assembly line - surly you get more than 220 iPads out the end of the line per day, no?
Big Fines should go to the users harmed, not the State. A corporate screw-up should be punished, but the money shouldn't be flushed down some bureaucratic hole.
Also - who is responsible for the fine if the breach is due to "off the shelf" software?
Everyone says "you can't eat gold", but it IS a fungible commodity... a handy point of reference is that, in say 1960, a 50 cent piece would by you a nice lunch.
In 2012 that same (90% silver) coin will still buy you lunch, since it is valued at over $11...
I would bet in another 50 years that Ben Franklin coin will STILL be worth lunch money, but $11 worth of "folding money*" (usd, pounds or euros) will not.
* note that "silver certificates" stopped being honored by the US Govt in 1968, even though the money says right on it that that they are worth the printed amound "in silver payable to bearer on demand" - Not worth the paper it's printed on... indeed.
...a commodity subject to capital gains taxes. For example, if you buy gold coins, or facebook credits, and then sell them after their value has doubled you'll have to pay capital gains tax...
...a commodity subject to capital gains taxes. For example, if you buy gold coins, or facebook credits, and then sell them after their value has doubled you're supposed to pay capital gains tax...
Heh, just like that "use" tax you have been paying, in lieu of "sales tax" on those online purchases you make, you have been paying them, right? Sure the Tax Man seems to have won that round (starting this year, I think) - but, in general, "no records, no tax" is the general drift of human nature.
Slashdot Mirror
Lighten up! I hope I live long enough that people feel free to mod ANY comment about me "funny".
100 is a pretty good run. Do you think people live forever?
That link doesn't even mention the other currencies - the Euro has more cash circulating than the USD. And, they have 200 and 500 Euro notes in common use, that would be like ~$250 and ~$650 bills.
by limiting credit card use it is much easier for me to notice fraud
I have the best of both - my Amex card gives me %2 back on everything. Straight-up money, direct deposit whenever I have accumulated $50 or more due back to me. No "rewards" web-site or anything like that.
By auto-charging my cable bill, phone bill, cell bill, newspaper, and a few other things (that do not charge a CC fee), I run hundreds of dollars a month thru my card, and pay the balance each month. From my point of view I get paid 2% to use the card.
However, I prefer paying in cash for non-recurring things like every day shopping trips, restaurants, and the like.
At the end of the month, the credit card statement is clean and easy to check, and the cash budget takes care of itself. No money in the wallet? No impulse buys.
BTW - not EVERYONE accepts cash - try buying a beer on an airplane.
Most banks and ATMs give out $20's now
Which is why I regularly get $300, in $20's from the ATM, then promptly step up to the bank counter (next to the ATM in my grocery store) and ask for 200 of it to be changed to $50's.
It is a lot easier to sit on a literally thin wallet, but it sucks to be broke, and 20's don't go very far.
Last summer, I purchased a used car for cash - $8000 in $100's is a fat enough envelope, paying with $20's would be retarded. (And yes, paying in cash was a reasonable thing to do - they seller didn't want a check, can't trust a cashiers check, why should we be inconvenienced to coordinate a bank visit, when we did a deal on a Sunday afternoon, etc.)
Good, this world is best suited for us Persons of Quality, down the rabble! The hoi palloi have been far too uppity of late, it's high time to put them back in their place, I say! (Except the telephone sanitizers, they do a yeoman's job, what ho!)
The TSA will take away your guns when you board.
sort of.
...speaking of food, I still think that as long as there are hungry people in the world, there is no such thing as an unwanted pet.
Why do the photos have a 50 star flag over the "series 1934" label? The box itself isn't even correct... unless there is some good reason it doesn't have the period correct 48 star flag.
Kids, these days.
Back in my time, we had to fart ourselves! And we liked it!
Wake up and smell the beans, no wonder your butts are getting so big, you aren't exercising them properly! Get off my lawn!
He's changed the rules before, so there's no reason he can't issue a new edict any time he wants.
This has always been my answer, when people ask theological questions; "When you are making up stuff, you can make up whatever you want."
You are getting ripped off! Demand the full 1024 moons that you thought you were getting!
They were quick to look out for the well-being of Whitney Houston's bereaved family, by maximizing the royalties to her estate. Recognizing that her loved ones should benefit from their share of the artist's work, and that no further work is forthcoming, they risked the possibility of being called money grubbers, just to help out this family.
This tangentially reminds me of the concept of "micropayments". which most folks here would say is a "good thing", because they assume it would (only) facilitate doing useful things in the digital realm. Make no mistake, if it were easy to charge "trivial" amounts for trivial things in the real world too, it will be done.
Right now, getting a sip of water, and sometimes charging your laptop is "free" in many public venues because those things are "too cheap to meter", just wait until it is no longer too cheap to meter.
Paying is one thing, but of course, along with "micropayments" will be "microrecordingofyoureverymove", and that is one thing that this crowd is usually NOT for.
Hypothetical, say you are a criminal, but want to avoid the fate of Al Capone and get busted for not paying your taxes. Can you use the capital gains rate if you have some sort of fraud that takes more than a year for the payoff?
The best would be some sort of crime that pays off after the statute of limitations, and you only have to pay the lower capital gains rate. Win Win Win!
What if it has kiddie porn, terrorist plans, etc?
Just what I was thinking - .04% seems light.
Ummm, Greenland IS in North America - it is just not a "North American Country", I guess by reason that it is an "autonomous country within the kingdom of Denmark"... so it is a country, it is in North America, but it is not on a list of countries in North America. Got it?
If the steaming pile of poo from Norton, McAfee, etc, reduce the price by more than the cost of the pound of Microsoft flesh... then the consumer does get a net value. Those crapware vendors aren't going to subsidize hardware without an OS to support their stench.
Even if the Windows cost is something, as long as it is small, someone who wants bare hardware may still make out, due to economies of scale - the vendor need not stock different SKUs, etc.
If the price for bare HW is less, or even the same, great. But if it is actually more, how much more are you willing to pay to avoid having to type in a few fdisk and mkfs commands?
Come on, there are only about 20 other countries in North America... keep guessing.
I see your tanks, and I raise you one little boy and one fat man.
Rules for war are for losers. Win and write your own history.
Let's say a Chinese worker gets $1.50/hr ($17 for an 11.3 hr day).
Let's say "US like wages" are 10x - $15/hr. So, $170 in wages or $153 more per day.
That's just a little more than TWO iPads that cost $70 each, more, to produce. This implies a worker only makes 2.2 iPads a day? Something doesn't add up. I know there is more than one worker needed - just a WAG, let's say there are 100 workers on an assembly line - surly you get more than 220 iPads out the end of the line per day, no?
Big Fines should go to the users harmed, not the State. A corporate screw-up should be punished, but the money shouldn't be flushed down some bureaucratic hole.
Also - who is responsible for the fine if the breach is due to "off the shelf" software?
Define "real cash"?
Everyone says "you can't eat gold", but it IS a fungible commodity... a handy point of reference is that, in say 1960, a 50 cent piece would by you a nice lunch.
In 2012 that same (90% silver) coin will still buy you lunch, since it is valued at over $11...
I would bet in another 50 years that Ben Franklin coin will STILL be worth lunch money, but $11 worth of "folding money*" (usd, pounds or euros) will not.
* note that "silver certificates" stopped being honored by the US Govt in 1968, even though the money says right on it that that they are worth the printed amound "in silver payable to bearer on demand" - Not worth the paper it's printed on... indeed.
...a commodity subject to capital gains taxes. For example, if you buy gold coins, or facebook credits, and then sell them after their value has doubled you'll have to pay capital gains tax...
...a commodity subject to capital gains taxes. For example, if you buy gold coins, or facebook credits, and then sell them after their value has doubled you're supposed to pay capital gains tax...
Heh, just like that "use" tax you have been paying, in lieu of "sales tax" on those online purchases you make, you have been paying them, right? Sure the Tax Man seems to have won that round (starting this year, I think) - but, in general, "no records, no tax" is the general drift of human nature.