WRONG! LIE! And not just a lie, but a freaking damned lie that is poisoning the public discussion. People propagating it should be publicly tarred and feathered.
I don't know... Do you masturbate at the pictures of gold? Perhaps you're using a golden dildo?
Do you actually understand ANYTHING outside your bubble of goldbugger reality?
Your theory consistently gives wrong predictions - there's no high inflation even though the monetary mass increased about 3 _times_ in the recent 4 years. Can you explain why?
"Glass-Steagall was repealed long after these bad loans were being made."
Bing! A lie. CDOs were first introduced in 2000 (after the somewhat related CMOs in 1996). The main portions of Glass-Stiegal were repealed in 1998.
"Not misleading. Just not the question you actually can answer faithfully. I didn't say that the low-income mortgages were the majority of loans, or the majority of loans that failed. But at some early point, loan officers, bank managers, moan underwriters, etc, all decided to use very risky decisions to base loan approvals on."
Again, read something, ANYTHING except the libertardian crap. Most of subprime loans were packaged as CDOs and RESOLD. Banks were not interested in quality loans because they were not planning on holding them.
And THAT was the problem. Without any negative feedback banks soon over-leveraged CDOs until even a slight fall in house prices cascaded into a disaster (instead of a mere short recession).
"What loan officer first decided his career was safer if he accepted "Welfare payments" as income in determining eligibility for a loan?"
Misleading. Most defaulted loans were on the property bought by solidly middle-class citizens. The percent of defaults in "red-lined" areas was basically the same as everywhere else.
"The disconnect in your argument is that, for hundreds of years, bank managers and loan officers NEVER made decisions like those. Then suddenly they did. Do you actually think they made that break in lending policy all by themselves?"
Yep. To get a quick buck for top management. And it worked, mind you.
Anybody who offers books by Ron-freakingly-stupid-Paul does not deserve anything else. Sane people can read real economists.
I've actually bought this book (Kindle Edition) and skimmed it. Blergh. The old "government made banks to give subprime loans to poor people" (no, it didn't) and "without Fed there'd be no bubble" (and no modern economy).
Well, by the same token people staying in the US are willingly allied themselves with a government that does indiscriminate killing. So they should be the targets themselves, right?
That's incorrect. Cold lithium batteries _appear_ to hold less charge because the rate of chemical reaction falls down with the temperature. If you reheat the battery then you'll get your 'disappeared' charge back. Charging is not affected at all, though it'll take more time.
A bit of theory - the current provided by the battery depends on the difference of concentration of reactants (i.e. how much unreacted lithium you still have) _and_ on the temperature. So you might still have plenty of "fresh" unreacted lithium in the cold battery, but rate of reaction is not enough to keep up the current.
"Otherwise, the article is on par with my experience with hybrids and all-electric vehicles -- the electric motor/battery underperforms."
Underperforms? Tesla Model S is much snappier than most high-end "sport" cars. Performance is most definitely not a problem with batteries. Range, on the other hand, still is.
On the other hand, WRK is VERY restrictively licensed - you can't do anything really interesting with it. And it's also fairly limited, while ReactOS can now run a Firefox browser.
If your website is not in Russian (Ukrainian, Kazakh, Uzbek) language then it'll be put on the 'back burner' by Yandex. It will be indexed, someday, probably, maybe.
And that's fine, Yandex specializes in Russian and other xUSSR languages searches - it works significantly better than Google for them. It also knows about public transportation routes, movie theater schedules, etc. There are also Yandex Maps with much better routing info for Russia and Ukraine (and no info at all for the rest of the world) - and they can even be used _offline_ on Androids/iPhones.http://search.slashdot.org/story/13/02/09/0749257/russian-search-engine-yandex-beats-bing#
In short, Yandex is a great example of a local company that knows its market and makes products tailored specifically for it. And it can beat global companies that merely do a localized version of their global offering.
Well, if we start comparing country sizes - Russia totally wins. Yet in most cities in Russia phone coverage is far better than I'm currently experiencing in San-Francisco. For example, I can't remember when I had a no-coverage zone in Moscow inside a building, and it happens constantly in SF.
Of course, there are lots of uncovered zones between cities (especially in the Asian part of Russia).
They actually might be _both_. ROS are used as cellular poisons by macrophages - that's an old and not a controversial result. Recent findings also show that ROS might help in cancer prevention. But at the same time radicals ARE implicated in normal cell damage - that's also a pretty clear result.
Nope. Once an employee gets an H1B visa then they can transfer to any other employer. The process involves some paperwork (to certify that your new salary is not less than the prevailing wage, etc) but it doesn't require a new visa.
Yep, it's pretty close. The job is software development in a pretty senior position (since our startup got bought). A lot of people I know who are on H1B also receive pretty good salaries (in the 100-120k range). H1Bs are not exclusively used to undercut the US labor, and most H1B holders are actually actively interested in reducing the amount of H1B fraud.
"Also, you have 10 days to get out of the country after you are fired. However, these 10 days will still be counted as a gap in your legal status and in most cases you will have to leave the country to get a new H1B, i.e. you will be a the mercy of the immigration officer in your own country and even then officer at the border can refuse you the entry w/o an explanation."
It's 30 days. And my birth country has a nice law that no citizen can be denied entry for any reason. It's also possible to submit GC documents without the help of any company (I'm doing it myself, for example).
Immediate jump to green cards is not a solution. It immediately commits the company and the US itself to basically providing citizenship to an immigrant. Also, H1B allows employee to switch employers fairly easy. Though a grace period larger than 30 days would really be great.
That depends. I'm applying for a H1B (after years of working with the US companies remotely) and I'm going to be in the top tax bracket. I'm not going to undercut anybody on salary, obviously.
US has always attracted people from all over the world, and that has always been a great advantage for the US economy. Our startup (that has been recently bought by a large company) consists of 6 people: 2 Russians, 1 Israeli, 1 Finnish, 1 Indian and one US-born person, I think we can speak about 10 languages in total. Making immigration more complex by cutting the H1B would just drive a lot of labor to other countries.
It would be really great if H1B included the requirement for a minimal salary at least 1.5 times more than the "prevailing wage" crap that exists right now.
Slashdot Mirror
Just fine, because there are static Java compilers (Excelsior Jet, for example). Mono does this with .NET as well.
Because a good Flash player is something that it's not easy to do. Duh.
WRONG! LIE! And not just a lie, but a freaking damned lie that is poisoning the public discussion. People propagating it should be publicly tarred and feathered.
I don't know... Do you masturbate at the pictures of gold? Perhaps you're using a golden dildo?
Do you actually understand ANYTHING outside your bubble of goldbugger reality?
Your theory consistently gives wrong predictions - there's no high inflation even though the monetary mass increased about 3 _times_ in the recent 4 years. Can you explain why?
"Glass-Steagall was repealed long after these bad loans were being made."
Bing! A lie. CDOs were first introduced in 2000 (after the somewhat related CMOs in 1996). The main portions of Glass-Stiegal were repealed in 1998.
"Not misleading. Just not the question you actually can answer faithfully. I didn't say that the low-income mortgages were the majority of loans, or the majority of loans that failed. But at some early point, loan officers, bank managers, moan underwriters, etc, all decided to use very risky decisions to base loan approvals on."
Again, read something, ANYTHING except the libertardian crap. Most of subprime loans were packaged as CDOs and RESOLD. Banks were not interested in quality loans because they were not planning on holding them.
And THAT was the problem. Without any negative feedback banks soon over-leveraged CDOs until even a slight fall in house prices cascaded into a disaster (instead of a mere short recession).
"What bank manager decided he would make more money by giving a loan to someone who would never be able to pay it back?"
That was Congress, when it allowed classic banks to engage in direct investments into complicated securities: http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act#Glass.E2.80.93Steagall_.E2.80.9Crepeal.E2.80.9D_and_the_financial_crisis
"What loan officer first decided his career was safer if he accepted "Welfare payments" as income in determining eligibility for a loan?"
Misleading. Most defaulted loans were on the property bought by solidly middle-class citizens. The percent of defaults in "red-lined" areas was basically the same as everywhere else.
"The disconnect in your argument is that, for hundreds of years, bank managers and loan officers NEVER made decisions like those. Then suddenly they did. Do you actually think they made that break in lending policy all by themselves?"
Yep. To get a quick buck for top management. And it worked, mind you.
Anybody who offers books by Ron-freakingly-stupid-Paul does not deserve anything else. Sane people can read real economists.
I've actually bought this book (Kindle Edition) and skimmed it. Blergh. The old "government made banks to give subprime loans to poor people" (no, it didn't) and "without Fed there'd be no bubble" (and no modern economy).
Well, by the same token people staying in the US are willingly allied themselves with a government that does indiscriminate killing. So they should be the targets themselves, right?
As usual, total fucking libertardian crap. There are two kinds of texts in this book: lies and misinformation.
For a reason. Banking _de_regulation caused the world crisis. Energy market deregulation caused Enron.
That's incorrect. Cold lithium batteries _appear_ to hold less charge because the rate of chemical reaction falls down with the temperature. If you reheat the battery then you'll get your 'disappeared' charge back. Charging is not affected at all, though it'll take more time.
A bit of theory - the current provided by the battery depends on the difference of concentration of reactants (i.e. how much unreacted lithium you still have) _and_ on the temperature. So you might still have plenty of "fresh" unreacted lithium in the cold battery, but rate of reaction is not enough to keep up the current.
"Otherwise, the article is on par with my experience with hybrids and all-electric vehicles -- the electric motor/battery underperforms."
Underperforms? Tesla Model S is much snappier than most high-end "sport" cars. Performance is most definitely not a problem with batteries. Range, on the other hand, still is.
On the other hand, WRK is VERY restrictively licensed - you can't do anything really interesting with it. And it's also fairly limited, while ReactOS can now run a Firefox browser.
If your website is not in Russian (Ukrainian, Kazakh, Uzbek) language then it'll be put on the 'back burner' by Yandex. It will be indexed, someday, probably, maybe.
And that's fine, Yandex specializes in Russian and other xUSSR languages searches - it works significantly better than Google for them. It also knows about public transportation routes, movie theater schedules, etc. There are also Yandex Maps with much better routing info for Russia and Ukraine (and no info at all for the rest of the world) - and they can even be used _offline_ on Androids/iPhones.http://search.slashdot.org/story/13/02/09/0749257/russian-search-engine-yandex-beats-bing#
In short, Yandex is a great example of a local company that knows its market and makes products tailored specifically for it. And it can beat global companies that merely do a localized version of their global offering.
Well, if we start comparing country sizes - Russia totally wins. Yet in most cities in Russia phone coverage is far better than I'm currently experiencing in San-Francisco. For example, I can't remember when I had a no-coverage zone in Moscow inside a building, and it happens constantly in SF.
Of course, there are lots of uncovered zones between cities (especially in the Asian part of Russia).
They actually might be _both_. ROS are used as cellular poisons by macrophages - that's an old and not a controversial result. Recent findings also show that ROS might help in cancer prevention. But at the same time radicals ARE implicated in normal cell damage - that's also a pretty clear result.
That "theory" is super-extra-stupid. Reactive oxygen species (ROS) are mostly generated in mytochondria and they never enter the blood stream (they are called 'reactive' for a reason!). Besides, it seems like ROS are actually _necessary_ - http://pipeline.corante.com/archives/2013/01/14/another_reactive_oxygen_paper.php
Nope. Once an employee gets an H1B visa then they can transfer to any other employer. The process involves some paperwork (to certify that your new salary is not less than the prevailing wage, etc) but it doesn't require a new visa.
Yep, it's pretty close. The job is software development in a pretty senior position (since our startup got bought). A lot of people I know who are on H1B also receive pretty good salaries (in the 100-120k range). H1Bs are not exclusively used to undercut the US labor, and most H1B holders are actually actively interested in reducing the amount of H1B fraud.
"Also, you have 10 days to get out of the country after you are fired. However, these 10 days will still be counted as a gap in your legal status and in most cases you will have to leave the country to get a new H1B, i.e. you will be a the mercy of the immigration officer in your own country and even then officer at the border can refuse you the entry w/o an explanation."
It's 30 days. And my birth country has a nice law that no citizen can be denied entry for any reason. It's also possible to submit GC documents without the help of any company (I'm doing it myself, for example).
Nope. H1B allows employees to switch employers very easily, there's only a little paperwork involved from both parties.
Immediate jump to green cards is not a solution. It immediately commits the company and the US itself to basically providing citizenship to an immigrant. Also, H1B allows employee to switch employers fairly easy. Though a grace period larger than 30 days would really be great.
That depends. I'm applying for a H1B (after years of working with the US companies remotely) and I'm going to be in the top tax bracket. I'm not going to undercut anybody on salary, obviously.
US has always attracted people from all over the world, and that has always been a great advantage for the US economy. Our startup (that has been recently bought by a large company) consists of 6 people: 2 Russians, 1 Israeli, 1 Finnish, 1 Indian and one US-born person, I think we can speak about 10 languages in total. Making immigration more complex by cutting the H1B would just drive a lot of labor to other countries.
It would be really great if H1B included the requirement for a minimal salary at least 1.5 times more than the "prevailing wage" crap that exists right now.
No problem. However, we do require you to post a deposit of $97.7B for a period of at least one year.
And the people who own the corporations would just receive money through "capital income" tricks. Thus paying next to none in taxes. Pure win!