Yup, the government left a huge hole in the agreement. Hopefully they will learn their lesson and next time GM et al come flying in on their corporate jets with their hands out, the government will just let them die. Probably won't be long either with the attitude of the GM CEO.
Maybe charity would work if people had any money left to give to charity, but unfortunately the government takes a huge cut to pay for social services. Not that I am in favor of other areas of waste in the government, either.
The federal government should only be involved in matters that require national cooperation, such as defense and infrastructure. Everything else is tying to use a jackhammer to set a thumbtack.
Local charitable organizations are still quite successful despite all the money that the government takes away that could be used locally. Think of how much more effective these organizations could be if the government would allow people to keep more discretionary spending money.
In one corner you've got an organisational of thousands with huge financial resources and political clout using its sheer size to say how and when people should be employed, and in the other corner you've got a union.
Good point. I don't know who to root against. I would say both, if possible. Unfortunately, both sides also have lawyers, and they will win no matter what. Why can't we have all three organizations fight to the death, by which I mean they fight until they are ALL dead.
Appropriate, of course, being an agreeable wage that the company is willing to pay and the employee is willing to accept. Seems like that agreement was reached, but now one side wants to renegotiate.
Seems like the same thing would happen with any currency. Say I went to the Exchange and traded in some USD for some Euros . Then I sat on them for awhile and the Euro went up against the dollar. Then I went and bought some merchandise with the Euro. I would not have paid any capital gains on the amount that the Euro went up. Even if I went back to the Exchange and traded it back for dollars, I wouldn't pay any capital gains. The only way I would pay any capital gains is if I held the money in a ForEx trading account, where they would actually keep track of my trades and report it. In fact, they barely even do that. The last place I had an account (Ameritrade) just gave my accountant the total sales for the year and didn't even bother calculating the cost basis. My Accountant said I owed something like $10k in taxes. I knew something was screwy because I had only made a few thousand in profit.
Like most lower income lottery winners, they will probably end up declaring bankruptcy before they ever get the chance to drive the car. Most people in the lower classes can keep themselves down just fine without any help from "The Man" at all.
Maybe Amazon should sue slashdot for lying in their summary in order to incite people and get more page clicks at the expense of another company's reputation.
Not rich, since you haven't cashed out yet. Your bitcoins could be worthless next month. Better sell now.
On the contrary, today it seems to have lost a bit of value. It looks like a good time to buy.
I guess they could be worthless next month. Or they could be worth $1,000 next month. people were saying the same thing two months ago when it was $130, and now even after the dip it is over $750.
I guess the part I am really missing is why people who have bitcoins would have some need to launder the funds. I mean, I have bitcoins, and I have no need to launder them. I know several other people with bitcoins, and they have no need to launder them. I guess that everybody has some desire to believe that the only possible use for an electronic currency would be to do something illegal with it. This is far from the truth. In fact, an electronic currency would be extremely useful in dealing with sales of any sort between people whose local currency is not the same, and can do so without the markup that a traditional bank would desire to collect.
That must have taken a tremendous amount of foresight to have predicted the fourth generation of technology that would arise from such computations. CPU to GPU to FPGA to ASIC. I think you give them to much credit. Far easier for it not to be some vast conspiracy at all.
Wait, so if you have a million dollars worth of bitcoin you are not rich because yo have not converted it to another currency? If you have $1 million worth of gold that you have not sold are you similarly not rich? If you have $1 million worth of stocks that you have not sold are you similarly not rich?
I don't mine anymore because I don't have the equipment, but when I did, I ran it through my business. The computer equipment is depreciated. I actually did not write off the electricity because my office was in my home and it would be difficult to figure out the percentage used for the business. I could have (but didn't) charge the business rent for my office space. I treated sale of bitcoins as 100% profit and at the end of the year the cost of doing business was subtracted out. It being an S-corp, any dividends paid out would be taxable to the partners, and they would receive tax credit of any operating loss.
Or you could buy something with them. There is no special reason you would have to convert them to a local currency first if a vendor is willing to accept them.
Supposedly they have done something locally where you have to have a contractor's license to recycle copper, but undoubtedly there is some black market or you could just give some to a contractor who can recycle it and give you a cut.
From what I've heard, there's a ton of competition for minimum-wage jobs these days -- somebody that already has a criminal record, addiction, etc. wouldn't stand a chance at getting and keeping a job these days. I'm guessing that rather than being flagrant assholes, they're fairly desperate to get cash but don't want to rob/mug anyone in person or deprive others struggling to get by, and (as is common among people *that*poor) have no sympathy for somebody that can afford a $10k air conditioner.
That is just the thing. The homeowner probably CAN'T afford a $10k air conditioner. They happen to have one, but they can't afford another one. Their only option is to go into debt for $10k over $5 worth of copper or perhaps they could go rob 2000 other people of $5 worth of copper.
After several requests for citation on the new laws enacted as a result of this case, Here is the the resulting legislation. As far as evidence of the effect on home prices, it is more anecdotal, but I am a property manager and I will no longer buy in Del City, along with many of my colleagues. Unfortunately, the law is a slippery slope, and at their discretion, they will occasionally fail a house for not being up to current code, even though the house was built 40 years ago. Several times, the city has condemned houses because the owner of the cost of bringing the house up to code was more than the owner could hope to recoupe from selling the house, and thus several houses which people paid good money for have been torn down at the expense of the owner. Realtors that I associate with also say that they have a hard time selling to people in Del City due to fears that the house may not pass inspection and the deal may fall through, or when they go to sell the house in the future the house may fail at that time.
Copper theft is incredibly destructive for the return. For a couple of dollars worth of copper, they won't think twice about ruining a $10,000 air conditioner. Plus considering the amount of time it takes to steal the copper, they could have gotten a minimum wage job and made more money, and not have to go to jail or die at the end of the day. It just pisses me off how stupid these a-holes are and how much damage they cause to society as a whole.
Also in the U.S. after auto-darwinating, the copper thief's family sues the city, building owner and local electric company, resulting in draconian new laws which have devastated home prices in the area.News 9
I left an old console TV out like this. They took it, and then brought it back.
Then I left an old dishwasher out there. It still ran, just had bought a new one. They took the copper parts they wanted out of it rendering it useless for anybody else, and then nobody else would take it.
When I owned a retail establishment, we had gift cards that we printed and sold and accepted. I was never aware that I was money laundering and needed to go to jail.
is this for keeping score? 5 points for a bag, 50 points for a cat? Just wondering, since it is not an issue to run over a paper bag, and while running over an animal is not desirable, it is also safer than trying to avoid it.
Everybody wants obamacare to fail, but for different reasons.
Republicans want it to fail so we can go back to what we had.
Democrats want is to fail to prove that private enterprise can't handle healthcare and we need the government to do it.
Out of morbid curiosity - who uploaded the content, and why isn't the law firm chasing that guy?
In the U.S. they do this, and the people on slashdot get all bent out of shape about it. So I guess they decided to go after the users instead of the pushers... and the people on slashdot got all bent out of shape about it.
Personally, I say go after the people who posted the content.
Slashdot Mirror
Yup, the government left a huge hole in the agreement. Hopefully they will learn their lesson and next time GM et al come flying in on their corporate jets with their hands out, the government will just let them die. Probably won't be long either with the attitude of the GM CEO.
Maybe charity would work if people had any money left to give to charity, but unfortunately the government takes a huge cut to pay for social services. Not that I am in favor of other areas of waste in the government, either.
The federal government should only be involved in matters that require national cooperation, such as defense and infrastructure. Everything else is tying to use a jackhammer to set a thumbtack.
Local charitable organizations are still quite successful despite all the money that the government takes away that could be used locally. Think of how much more effective these organizations could be if the government would allow people to keep more discretionary spending money.
In one corner you've got an organisational of thousands with huge financial resources and political clout using its sheer size to say how and when people should be employed, and in the other corner you've got a union.
Good point. I don't know who to root against. I would say both, if possible. Unfortunately, both sides also have lawyers, and they will win no matter what. Why can't we have all three organizations fight to the death, by which I mean they fight until they are ALL dead.
Appropriate, of course, being an agreeable wage that the company is willing to pay and the employee is willing to accept. Seems like that agreement was reached, but now one side wants to renegotiate.
Seems like the same thing would happen with any currency. Say I went to the Exchange and traded in some USD for some Euros . Then I sat on them for awhile and the Euro went up against the dollar. Then I went and bought some merchandise with the Euro. I would not have paid any capital gains on the amount that the Euro went up. Even if I went back to the Exchange and traded it back for dollars, I wouldn't pay any capital gains. The only way I would pay any capital gains is if I held the money in a ForEx trading account, where they would actually keep track of my trades and report it. In fact, they barely even do that. The last place I had an account (Ameritrade) just gave my accountant the total sales for the year and didn't even bother calculating the cost basis. My Accountant said I owed something like $10k in taxes. I knew something was screwy because I had only made a few thousand in profit.
Like most lower income lottery winners, they will probably end up declaring bankruptcy before they ever get the chance to drive the car. Most people in the lower classes can keep themselves down just fine without any help from "The Man" at all.
Maybe Amazon should sue slashdot for lying in their summary in order to incite people and get more page clicks at the expense of another company's reputation.
Not rich, since you haven't cashed out yet. Your bitcoins could be worthless next month. Better sell now.
On the contrary, today it seems to have lost a bit of value. It looks like a good time to buy.
I guess they could be worthless next month. Or they could be worth $1,000 next month. people were saying the same thing two months ago when it was $130, and now even after the dip it is over $750.
I guess the part I am really missing is why people who have bitcoins would have some need to launder the funds. I mean, I have bitcoins, and I have no need to launder them. I know several other people with bitcoins, and they have no need to launder them. I guess that everybody has some desire to believe that the only possible use for an electronic currency would be to do something illegal with it. This is far from the truth. In fact, an electronic currency would be extremely useful in dealing with sales of any sort between people whose local currency is not the same, and can do so without the markup that a traditional bank would desire to collect.
That must have taken a tremendous amount of foresight to have predicted the fourth generation of technology that would arise from such computations. CPU to GPU to FPGA to ASIC. I think you give them to much credit. Far easier for it not to be some vast conspiracy at all.
Wait, so if you have a million dollars worth of bitcoin you are not rich because yo have not converted it to another currency? If you have $1 million worth of gold that you have not sold are you similarly not rich? If you have $1 million worth of stocks that you have not sold are you similarly not rich?
I don't mine anymore because I don't have the equipment, but when I did, I ran it through my business. The computer equipment is depreciated. I actually did not write off the electricity because my office was in my home and it would be difficult to figure out the percentage used for the business. I could have (but didn't) charge the business rent for my office space. I treated sale of bitcoins as 100% profit and at the end of the year the cost of doing business was subtracted out. It being an S-corp, any dividends paid out would be taxable to the partners, and they would receive tax credit of any operating loss.
Or you could buy something with them. There is no special reason you would have to convert them to a local currency first if a vendor is willing to accept them.
Supposedly they have done something locally where you have to have a contractor's license to recycle copper, but undoubtedly there is some black market or you could just give some to a contractor who can recycle it and give you a cut.
From what I've heard, there's a ton of competition for minimum-wage jobs these days -- somebody that already has a criminal record, addiction, etc. wouldn't stand a chance at getting and keeping a job these days. I'm guessing that rather than being flagrant assholes, they're fairly desperate to get cash but don't want to rob/mug anyone in person or deprive others struggling to get by, and (as is common among people *that*poor) have no sympathy for somebody that can afford a $10k air conditioner.
That is just the thing. The homeowner probably CAN'T afford a $10k air conditioner. They happen to have one, but they can't afford another one. Their only option is to go into debt for $10k over $5 worth of copper or perhaps they could go rob 2000 other people of $5 worth of copper.
After several requests for citation on the new laws enacted as a result of this case, Here is the the resulting legislation. As far as evidence of the effect on home prices, it is more anecdotal, but I am a property manager and I will no longer buy in Del City, along with many of my colleagues. Unfortunately, the law is a slippery slope, and at their discretion, they will occasionally fail a house for not being up to current code, even though the house was built 40 years ago. Several times, the city has condemned houses because the owner of the cost of bringing the house up to code was more than the owner could hope to recoupe from selling the house, and thus several houses which people paid good money for have been torn down at the expense of the owner. Realtors that I associate with also say that they have a hard time selling to people in Del City due to fears that the house may not pass inspection and the deal may fall through, or when they go to sell the house in the future the house may fail at that time.
Copper theft is incredibly destructive for the return. For a couple of dollars worth of copper, they won't think twice about ruining a $10,000 air conditioner. Plus considering the amount of time it takes to steal the copper, they could have gotten a minimum wage job and made more money, and not have to go to jail or die at the end of the day. It just pisses me off how stupid these a-holes are and how much damage they cause to society as a whole.
Also in the U.S. after auto-darwinating, the copper thief's family sues the city, building owner and local electric company, resulting in draconian new laws which have devastated home prices in the area.News 9
I left an old console TV out like this. They took it, and then brought it back.
Then I left an old dishwasher out there. It still ran, just had bought a new one. They took the copper parts they wanted out of it rendering it useless for anybody else, and then nobody else would take it.
So that would be like fining the average American a negative amount since we spend more than we make.
So if I sold a wallet for $20 and each wallet came with a $10 bill in it, that would be illegal?
When I owned a retail establishment, we had gift cards that we printed and sold and accepted. I was never aware that I was money laundering and needed to go to jail.
is this for keeping score? 5 points for a bag, 50 points for a cat? Just wondering, since it is not an issue to run over a paper bag, and while running over an animal is not desirable, it is also safer than trying to avoid it.
Everybody wants obamacare to fail, but for different reasons.
Republicans want it to fail so we can go back to what we had.
Democrats want is to fail to prove that private enterprise can't handle healthcare and we need the government to do it.
Out of morbid curiosity - who uploaded the content, and why isn't the law firm chasing that guy?
In the U.S. they do this, and the people on slashdot get all bent out of shape about it. So I guess they decided to go after the users instead of the pushers... and the people on slashdot got all bent out of shape about it.
Personally, I say go after the people who posted the content.