This entire charade began when Seymour Cray put out a video throughout the industry, promoting the idea that it was best to hire newly minted college grads as they had no idea what was possible or impossible, and too many doucheys ate that stuff up.
Which is why Microsoft turned out such crap early on: the crappiest word processing software, the crappiest spreadsheet software, etc., 'cause their 20-somethings had zero experience in the workplace. Had they not had the DOS monopoly, things would have been entirely different.
Exactly why fewer and fewer commenters show up here with any intelligence whatsoever; majority of responses to my comments are individuals (trollbots? chatbots?) who obviously don't know how to use a search engine.
That cheaper nonsense is a National Association of Manufacturers (NAM --- first president and one of the founding members was George W. Bush's great-grandfather) and US Chamber of Commerce (USCoC) talking point forever, just doesn't cut it. Makes as much sense as hiring data entry operators to be sys admins, a common practise when I was much younger, and then the douchetards wonder why their companies go in the toilet. Too many programmers will work cheaper and cheaper (until, of course, a threshold has been reached whereupon there is no ROI in taking such jobs or going to work at such places), just to be able to program, etc.
It's often because the older candidates haven't successfully modernized their developer skills.
Another bullcrap excuse for the massive offshoring of jobs, and importing of foreign visa scab workers. Been hearing this excuse for decades, and still recall how, when I was at my true peak both knowledge-wise and skills-wise, just couldn't even get an interview if they had an inkling as to my age. Anyone wish to bet this clown is not affiliated with ITAA or whatever their latest name is?
. . . which President John F. Kennedy even mentioned the possibility of rising, along with other circumventions on foreign banking, and offshoring monies to avoid taxation - - - and then President Kennedy was murdered.
You obviously neither understand FPGA programming, HFT, dark pools and the Internalization Business, nor the many, many other ways they do what they do. You follow that bank lobbyist, Paul Krugman, right?
. . . no human would! No wonder she did such a piss poor job on Enron (she lead the DOJ's legal team), when all those offshore debt vehicles they used to hide the debt (similar to how Fastow did it at Continental of Illinois, which was the largest bank failure prior to Enron) should have been easily and legally damning enough, for chrissakes!
Although HFT is front running, even worse to the retail investor is the business of internalization, whereby the major brokerages sell 100% of their retail stock trades, on an almost daily basis, to the top banks and hedge funds (and the largest hedge funds are normally owned by the largest banks) --- where the banks and hedge fund match up those trades internally on their computer systems (know as dark pools) which gives them almost complete command and control in insider information on a swarm basis, and manipulating things to their own profit by how and when they do those matches (matching buyer stocks to seller stocks, etc.).
Of course, with the existing potential to purchase an unlimited number of commodity futures per category or item, gives the traders and houses extraordinary ability to manipulate things.
Then there's that LIBOR rate rigging: (Madam Brown explains it far better than moi!):
Of course, being able to purchase an unlimited amount of naked swaps (or uncovered credit default swaps) is what precipitated the global economic meltdown (and NO, the subprime market was but a drop in the bucket where securitizations of debt were concerned, and even then 5/6ths of the subprimes were corporate or wealthy individuals).
Of course, then there's the FOREX market rigging, precious metals markets rigging, virtual naked stock short selling thanks to the DTCC's Stock Borrow Program, and . . . .
. . . to understand what happened to the Roman Empire, read this incredibly mentally elegant, and short, paper by Prof. Joseph Tainter (the author of the classic, Collapse of Complex Societies). Hint: it is fundamentally what has, and will continue, to be the collapse of Amerika:
http://dieoff.org/page134.htm
. ..when you throw actual facts at them, nawcom, aliterates and illiterates cannot stand nor fathom the facts.
Instead, they believe everything the Easter Bunny, Santa, and whomever is president says is correct, and all those revised flight paths CNN keeps showing us on MH370, really did happen, it's just that they have difficulties reading Phil Falcone's Inmarsat data, so they simply have to keep revising everything, don't ya know!
...I posted a link to a most respected French medical institute study on the correlation between the number of vaccines administered to children under 2 years of age, and the correlation to autism, and not a soul responded to the study or link. Look it up, doucheys.
...the Western Hemisphere, the US Congress, is forever having all these Hollywood airheads make fraudulent movies for them (Tom Hanks' Joe Wilson's War) and testifying before them. Of course, since GlaxoSmithKline, Eli Lilly, and a bunch of other biopharmaceuticals have falsely marketing their drugs, resulting in the deaths of many, and TV specials, quite some time back now, captured dirty bathtubs in China by sub-sub-subcontractors used in drug/vaccine preparation, the criticisms should be obvious to all by this late date!
. . . then everyone would be for the nationalization of American school systems and establishing a meritocratic educational system to replace the present capitalist educational systems.
Well, I don't know about Australia, but you've certainly never worked in America!
Sweet jaysus, khasim, can you believe anyone in this day and age would suggest HTML5 is a programming language?????
Beware anyone quoting from joelonsoftware --- that clown is such a douchey!
This entire charade began when Seymour Cray put out a video throughout the industry, promoting the idea that it was best to hire newly minted college grads as they had no idea what was possible or impossible, and too many doucheys ate that stuff up.
Which is why Microsoft turned out such crap early on: the crappiest word processing software, the crappiest spreadsheet software, etc., 'cause their 20-somethings had zero experience in the workplace. Had they not had the DOS monopoly, things would have been entirely different.
Exactly why fewer and fewer commenters show up here with any intelligence whatsoever; majority of responses to my comments are individuals (trollbots? chatbots?) who obviously don't know how to use a search engine.
That cheaper nonsense is a National Association of Manufacturers (NAM --- first president and one of the founding members was George W. Bush's great-grandfather) and US Chamber of Commerce (USCoC) talking point forever, just doesn't cut it. Makes as much sense as hiring data entry operators to be sys admins, a common practise when I was much younger, and then the douchetards wonder why their companies go in the toilet. Too many programmers will work cheaper and cheaper (until, of course, a threshold has been reached whereupon there is no ROI in taking such jobs or going to work at such places), just to be able to program, etc.
Try again, sonny, it begins in one's thirties, at least. . .
It's often because the older candidates haven't successfully modernized their developer skills.
Another bullcrap excuse for the massive offshoring of jobs, and importing of foreign visa scab workers. Been hearing this excuse for decades, and still recall how, when I was at my true peak both knowledge-wise and skills-wise, just couldn't even get an interview if they had an inkling as to my age. Anyone wish to bet this clown is not affiliated with ITAA or whatever their latest name is?
commercializing technology projects from the NSA...
Ummmm.....if it's gov't tech, it's the people's technology, and therefore all profits should go to the IRS at the very least!
. . .their Intenalization Business, which is the epitome of insider trading.
you have also correctly and succinctly described the present Fantasy-based Finance Sytem in Amerika today!
. . . which President John F. Kennedy even mentioned the possibility of rising, along with other circumventions on foreign banking, and offshoring monies to avoid taxation - - - and then President Kennedy was murdered.
You obviously neither understand FPGA programming, HFT, dark pools and the Internalization Business, nor the many, many other ways they do what they do. You follow that bank lobbyist, Paul Krugman, right?
Clue in, sonny. . .
http://www.counterpunch.org/20...
. . . no human would! No wonder she did such a piss poor job on Enron (she lead the DOJ's legal team), when all those offshore debt vehicles they used to hide the debt (similar to how Fastow did it at Continental of Illinois, which was the largest bank failure prior to Enron) should have been easily and legally damning enough, for chrissakes!
Although HFT is front running, even worse to the retail investor is the business of internalization, whereby the major brokerages sell 100% of their retail stock trades, on an almost daily basis, to the top banks and hedge funds (and the largest hedge funds are normally owned by the largest banks) --- where the banks and hedge fund match up those trades internally on their computer systems (know as dark pools) which gives them almost complete command and control in insider information on a swarm basis, and manipulating things to their own profit by how and when they do those matches (matching buyer stocks to seller stocks, etc.).
Of course, with the existing potential to purchase an unlimited number of commodity futures per category or item, gives the traders and houses extraordinary ability to manipulate things.
Then there's that LIBOR rate rigging: (Madam Brown explains it far better than moi!):
http://www.counterpunch.org/20...
Of course, being able to purchase an unlimited amount of naked swaps (or uncovered credit default swaps) is what precipitated the global economic meltdown (and NO, the subprime market was but a drop in the bucket where securitizations of debt were concerned, and even then 5/6ths of the subprimes were corporate or wealthy individuals).
Of course, then there's the FOREX market rigging, precious metals markets rigging, virtual naked stock short selling thanks to the DTCC's Stock Borrow Program, and . . . .
. . . to understand what happened to the Roman Empire, read this incredibly mentally elegant, and short, paper by Prof. Joseph Tainter (the author of the classic, Collapse of Complex Societies). Hint: it is fundamentally what has, and will continue, to be the collapse of Amerika: http://dieoff.org/page134.htm
http://news.sciencemag.org/hea...
http://www.bloomberg.com/news/...
http://thebulletin.org/threate...
http://armscontrolcenter.org/E...
http://thebulletin.org/unaccep...
http://www.ncbi.nlm.nih.gov/pm...
http://www.pathobiologics.org/...
http://www.biomedcentral.com/1...
http://news.sciencemag.org/sit...
http://www.usatoday.com/news/n...
. . .when you throw actual facts at them, nawcom, aliterates and illiterates cannot stand nor fathom the facts.
Instead, they believe everything the Easter Bunny, Santa, and whomever is president says is correct, and all those revised flight paths CNN keeps showing us on MH370, really did happen, it's just that they have difficulties reading Phil Falcone's Inmarsat data, so they simply have to keep revising everything, don't ya know!
http://www.bloomberg.com/news/...
http://thebulletin.org/threate...
http://armscontrolcenter.org/E...
http://thebulletin.org/unaccep...
http://www.ncbi.nlm.nih.gov/pm...
http://www.pathobiologics.org/...
http://www.biomedcentral.com/1...
http://news.sciencemag.org/sit...
http://www.usatoday.com/news/n...
http://news.sciencemag.org/hea...
http://news.sciencemag.org/hea...
...I posted a link to a most respected French medical institute study on the correlation between the number of vaccines administered to children under 2 years of age, and the correlation to autism, and not a soul responded to the study or link. Look it up, doucheys.
...the Western Hemisphere, the US Congress, is forever having all these Hollywood airheads make fraudulent movies for them (Tom Hanks' Joe Wilson's War) and testifying before them. Of course, since GlaxoSmithKline, Eli Lilly, and a bunch of other biopharmaceuticals have falsely marketing their drugs, resulting in the deaths of many, and TV specials, quite some time back now, captured dirty bathtubs in China by sub-sub-subcontractors used in drug/vaccine preparation, the criticisms should be obvious to all by this late date!
...science and Real Science:
http://news.sciencemag.org/hea...
. . . then everyone would be for the nationalization of American school systems and establishing a meritocratic educational system to replace the present capitalist educational systems.
. . . that cyber stalker?
And people wonder why Amerika is going to the toilet. . . .