No, it means that if you played exclusively in tech, and were diversified, it turned out to be alright. You could have bought QQQ or SP500 and come out the same, which is to say, not bad at all, as long as you got in 6 1/2 years ago, instead of 5.
Sure but what are they going to put their money *in*? If they take it out of dollars, they're taking it out of the US Economy. While ALL OF EUROPE's economy is comparable, even if it stays that way (and the Euro can take over all of Europe) They're still cutting their net worth in half if they do it. Invest in China, you say? But the Yuan is pegged to the dollar. What if China pulls out, you say? What are they going to put their money *in*?
Thanks you your neighbor paying 10 times what you paid, the government increased your tax accordingly. Don't miss a payment. And make sure you don't have standing water for seven days or some punk will come and steal your land from you in the name of the goverment, if some other punk doesn't steal it first to build a parking lot or monorail over it. Your lock & stock are barreling away as we speak. How much of your land has the city claimed for easements, and how much have they taken already? How many zoning restrictions have they put in place?
He might be making more trees and oil and diamonds, but He's not making any more water or gold or iron ore. Water is, of course fully recyclable, but only if you have some to recycle. Water and mineral rights are, of course, thought of more as real estate these days, too.
That's a nice view, but you realize that "houses being on the market longer (6 months or more) very often means a bank foreclosure, because people can't affort 2 house payments if they have to move. So your small blip turned out to be massive monetary loss for individuals, money transferring from people to banks, resulting in massive inflation of housing prices, meaning a real monetary loss for everyone.
Housing prices going up after a crash means that real earning power goes down. If you used to make $40,000 a year and bought a $100,000 house, you had significantly more discresionary spending then than if you make $80,000 a year and purchases a $200,000 home.
The reality of it is, that you took a $20,000 loss when you had to sell your $100,000 home after 5 years (for $120,000 -- all the money you lost was interest) Now you're only making $60,000, and you bought back your first home (maybe it has a nice view) for $300,000. The only good news is that if you have to sell it at cost again in 5 years, because of the low interest rates, you'll only take a $10,000 loss.
Your monthly payments 10 years ago (when you first sold it) were $850 or 25% of your income. Now they're $1850 or 37% of your income. That's a huge inflation over ten years, something the "price of bread and semiconductors" statistics that Greenspan uses to set our monetary policy completely ignores.
Not so! You get any profit (or take any loss) from the resale. Even if you've only been there a typical 5 years. You are buying the house and incurring a huge loan. If the property value goes up at a higher rate than the interest, you make a profit, if not, you take a loss.
You can't live in your house if you still owe $300,000 debt on it, but it will only sell for $100,000 now. Your new neighbor just bought the house down the block (you know, the big one that you couldn't afford) for $50,000 in a fire sale when your friend Bob got forclosed on because he couldn't get a second mortgage to consolidate his bills.
Sure you can sit on your house until the market turns around, but I can sit on my penny stock that I paid $100 a share for just as long. Longer, because it's already paid for. Miss 1 month's mortgage because your kid broke his arm or you forgot to mail the check, and your house is gone. I'll always be able to wipe my but with my shares, even if it never goes up again.
Re:Nothing for you to see here. Please move along.
on
The DotCom Crash Revisited
·
· Score: 2, Interesting
The Nasdaq went from 1500 to 5000 in a matter of a year and a half, immediately prior to the "crash" That's a 333% rise, trillions of dollars litterally appearing out of thin air. Here's a friendly reminder for those about to invest in Chicken Little (R) hard hats:
http://finance.yahoo.com/q/ta?s=%5EIXIC&t=my&l=on& z=l&q=l&p=&a=&c=URL
Re:Nothing for you to see here. Please move along.
on
The DotCom Crash Revisited
·
· Score: 2, Informative
but a 400% increase over the preceding 18 months doesn't account for anything. It was a bubble that popped, not a crash. It's higher now than it was in 1998, and if you take away the bubble and the dip for the general economic decline between 2000-2002, it's on track for solid growth over the last 5 years.
The problem is that Mozilla is dead. Firefox is still alive because there are a half a dozen core developers with a passion who wanted to build a UI with javascript and and tweak it. The Mozilla Foundation is just an administrative remnant living off of the remnant of money which must be getting pretty low. You could see the writing on the bottom of the barrel when the bottom feeders started their "rebranding" craze about a product that is really just a javascript UI.
I don't think that percent sign should be there.
on
Women Leaving I.T.
·
· Score: 1
One of those priority traits may be simply "lack of physical stamina." If you played D&D instead of Football in high school, you might not be as good a soldier. Or salesman. Even though you'd think roleplaying would make for improved sales technique, statistics do not bear it out.
But sometimes you want to have an Aragorn AND a Samwise. One dude got all boxcars, and the other one got alot of snakeyes. But Rudy's still a star, and Viggo will never be half the man Legolas is.
The thing is, that the army knows that discipline can never be absolute, that's why they stress it. The also take for granted independent thinking, but that doesn't need to be stressed. It's like physically, they know soldiers will be required to walk and run for long distances with heavy burdens, so they train for that. However, they also know that soldiers will be required to sit around and do nothing for long stretches, but they don't feel as much need to train for that, since it comes more naturally.
There was no Windows 1.0. The very first version of windows was called Windows 3.0, and it was really only a beta release of Windows 3.1, which was the first version available to the general public.
You can do exactly what the previous poster wanted with Linux, just as easily as OSX.
$ unzip mozilla
All that's needed is a tool that will accept a regex like "/usr/local/*/bin/*" and stat for executable permissions. You could throw in an icon detector to create a launcher menu.
That's because nothing has been added to Linux since 2.4. You've got a bunch of guys tweaking VMs and messing with latency, but really, Linux reached a brick wall a long time ago, and kernel development is really just a research project for really smark hobbyists. 2.4 was important because it brought USB drivers, but nobody has figured out yet how to tune it successfully for the desktop, and what we really need now is wifi drivers, that's the new USB, and it's already 2 years too late. 2.6 should have been pressured to get out because of that, and DSPs.
Just checked out the Novell.com homepage to see how much they are pushing SuSE. There's a big picture dominating their homepage with the following caption:
INSECURE: The feeling you get when you find out that your OS vendor is about to dump you.
Turns out to be targetted at Windows NT users, but I agree, Redhat has lost. I'll try a Redhat desktop in a couple years if they can get one and I hear good things about it, because everyone can make a mistake, and corporations are by nature slow thinkers, but it may be too late, and in fact, I think they'll probly switch back to the previous ignorant view before then.
Slashdot Mirror
That would be about a year after the peak. Almost at what is known as the "trough"
No, it means that if you played exclusively in tech, and were diversified, it turned out to be alright. You could have bought QQQ or SP500 and come out the same, which is to say, not bad at all, as long as you got in 6 1/2 years ago, instead of 5.
The "e" in the front of "eBusiness" was there before before IBM even got into the Business.
Or construction advice at Home Depot.
Sure but what are they going to put their money *in*? If they take it out of dollars, they're taking it out of the US Economy. While ALL OF EUROPE's economy is comparable, even if it stays that way (and the Euro can take over all of Europe) They're still cutting their net worth in half if they do it. Invest in China, you say? But the Yuan is pegged to the dollar. What if China pulls out, you say? What are they going to put their money *in*?
Dp you see now?
Thanks you your neighbor paying 10 times what you paid, the government increased your tax accordingly. Don't miss a payment. And make sure you don't have standing water for seven days or some punk will come and steal your land from you in the name of the goverment, if some other punk doesn't steal it first to build a parking lot or monorail over it. Your lock & stock are barreling away as we speak. How much of your land has the city claimed for easements, and how much have they taken already? How many zoning restrictions have they put in place?
He might be making more trees and oil and diamonds, but He's not making any more water or gold or iron ore. Water is, of course fully recyclable, but only if you have some to recycle. Water and mineral rights are, of course, thought of more as real estate these days, too.
That's a nice view, but you realize that "houses being on the market longer (6 months or more) very often means a bank foreclosure, because people can't affort 2 house payments if they have to move. So your small blip turned out to be massive monetary loss for individuals, money transferring from people to banks, resulting in massive inflation of housing prices, meaning a real monetary loss for everyone.
Housing prices going up after a crash means that real earning power goes down. If you used to make $40,000 a year and bought a $100,000 house, you had significantly more discresionary spending then than if you make $80,000 a year and purchases a $200,000 home.
The reality of it is, that you took a $20,000 loss when you had to sell your $100,000 home after 5 years (for $120,000 -- all the money you lost was interest) Now you're only making $60,000, and you bought back your first home (maybe it has a nice view) for $300,000. The only good news is that if you have to sell it at cost again in 5 years, because of the low interest rates, you'll only take a $10,000 loss.
Your monthly payments 10 years ago (when you first sold it) were $850 or 25% of your income. Now they're $1850 or 37% of your income. That's a huge inflation over ten years, something the "price of bread and semiconductors" statistics that Greenspan uses to set our monetary policy completely ignores.
Not so! You get any profit (or take any loss) from the resale. Even if you've only been there a typical 5 years. You are buying the house and incurring a huge loan. If the property value goes up at a higher rate than the interest, you make a profit, if not, you take a loss.
You can't live in your house if you still owe $300,000 debt on it, but it will only sell for $100,000 now. Your new neighbor just bought the house down the block (you know, the big one that you couldn't afford) for $50,000 in a fire sale when your friend Bob got forclosed on because he couldn't get a second mortgage to consolidate his bills. Sure you can sit on your house until the market turns around, but I can sit on my penny stock that I paid $100 a share for just as long. Longer, because it's already paid for. Miss 1 month's mortgage because your kid broke his arm or you forgot to mail the check, and your house is gone. I'll always be able to wipe my but with my shares, even if it never goes up again.
The Nasdaq went from 1500 to 5000 in a matter of a year and a half, immediately prior to the "crash" That's a 333% rise, trillions of dollars litterally appearing out of thin air. Here's a friendly reminder for those about to invest in Chicken Little (R) hard hats: http://finance.yahoo.com/q/ta?s=%5EIXIC&t=my&l=on& z=l&q=l&p=&a=&c=URL
but a 400% increase over the preceding 18 months doesn't account for anything. It was a bubble that popped, not a crash. It's higher now than it was in 1998, and if you take away the bubble and the dip for the general economic decline between 2000-2002, it's on track for solid growth over the last 5 years.
The problem is that Mozilla is dead. Firefox is still alive because there are a half a dozen core developers with a passion who wanted to build a UI with javascript and and tweak it. The Mozilla Foundation is just an administrative remnant living off of the remnant of money which must be getting pretty low. You could see the writing on the bottom of the barrel when the bottom feeders started their "rebranding" craze about a product that is really just a javascript UI.
It was more like 41 women in IT, total.
One of those priority traits may be simply "lack of physical stamina." If you played D&D instead of Football in high school, you might not be as good a soldier. Or salesman. Even though you'd think roleplaying would make for improved sales technique, statistics do not bear it out.
But sometimes you want to have an Aragorn AND a Samwise. One dude got all boxcars, and the other one got alot of snakeyes. But Rudy's still a star, and Viggo will never be half the man Legolas is.
But then again every team needs a Murdock and a Mr. T and a Hannibal, too. Amy was even a crucial element in a few episodes.
Every team needs a Face Man.
The thing is, that the army knows that discipline can never be absolute, that's why they stress it. The also take for granted independent thinking, but that doesn't need to be stressed. It's like physically, they know soldiers will be required to walk and run for long distances with heavy burdens, so they train for that. However, they also know that soldiers will be required to sit around and do nothing for long stretches, but they don't feel as much need to train for that, since it comes more naturally.
That's not true. I use gnome and Konquerer is my file browser of choice for SMB shares.
There was no Windows 1.0. The very first version of windows was called Windows 3.0, and it was really only a beta release of Windows 3.1, which was the first version available to the general public.
I doubt there's a linux system out there that stands a chance of root surviving once a user's been compromised.
You can do exactly what the previous poster wanted with Linux, just as easily as OSX. $ unzip mozilla All that's needed is a tool that will accept a regex like "/usr/local/*/bin/*" and stat for executable permissions. You could throw in an icon detector to create a launcher menu.
That's because nothing has been added to Linux since 2.4. You've got a bunch of guys tweaking VMs and messing with latency, but really, Linux reached a brick wall a long time ago, and kernel development is really just a research project for really smark hobbyists. 2.4 was important because it brought USB drivers, but nobody has figured out yet how to tune it successfully for the desktop, and what we really need now is wifi drivers, that's the new USB, and it's already 2 years too late. 2.6 should have been pressured to get out because of that, and DSPs.
Just checked out the Novell.com homepage to see how much they are pushing SuSE. There's a big picture dominating their homepage with the following caption: INSECURE: The feeling you get when you find out that your OS vendor is about to dump you. Turns out to be targetted at Windows NT users, but I agree, Redhat has lost. I'll try a Redhat desktop in a couple years if they can get one and I hear good things about it, because everyone can make a mistake, and corporations are by nature slow thinkers, but it may be too late, and in fact, I think they'll probly switch back to the previous ignorant view before then.