The FCC can only create regulations within the framework of the Constitution and federal Laws. If Congress mandates some sort of Net Neutrality, Tweedie Pai will have to comply.
But beware of the special interests heaping cash onto legislators in this next election cycle. In fact, the threat of legislation might just be a way for candidates to put out their hands with the suggestion that, for enough money, NN can be made to go away.
MBSes were pools of mortgages that were carved up into "Tranches" with varying risk.
CDOs (collateralized debt obligations). Packages of these tranches bundled into securities.
the assumed risk profile turned out to be seriously wrong and many of the "safe" tranches failed.
The bottom tier CDOs wouldn't sell. And the banks didn't want them. So they bought CDSs (credit default swaps), which are a kind of insurance on the default of securities, bundled those together with the stinker CDOs and sold them as synthetic CDOs. The idea being that the combination of 'bad' mortgage tranches with the insurance would magically make a low risk security. But some smart people started buying CDSs against securities they didn't own as a way of shorting the market. In the end, each dollar of CDO had something like six dollars of insurance written against it. And the insurers, like AIG couldn't make good on the policies.
If you want a good run-down on the collapse, read The Big Short. Or watch the movie and pay particular attention to what Anthony Bourdain explains happens to fish that doesn't sell.
... cab drivers would direct customers to cabarets (strip clubs) from which they received kickbacks. Once inside, it was not unknown to have a couple of large bouncers meet you at the door on your way out if you hadn't spent enough on lap dances or the overpriced drinks in the establishment.
Why don't they just move inland a few miles with a few more feet of elevation above seal level? Answer: Because their neighbors who already live there will kill them.
Sorry you folks live in a shithole where your fellow citizens won't step up and help you. Explain to me why this is my problem again?
Futures. And options. Particularly the ability to sell short without a position in the underlying asset (naked shorts).
Options allow an investor to effectively buy an insurance policy on the movement of an asset's price. A short position is a bet that your asset will go down. You cover yourself against the losses. Like buying insurance on your house. But if you don't own the underlying asset (or didn't borrow it), it's like your neighbor buying insurance on your house. If enough of your neighbors do this, I'll guarantee that your house will burn down sooner or later. It's what happened to mortgage backed securities in 2008.
The SEC tried to put a stop to that. But given a brand new asset class that they really don't understand or can't track, expect antics to ensue. Once the shit stops hitting the fan, expect the SEC to move to register and regulate Bitcoin and it's trading. And then it's allure will be gone.
younger workers less likely to have a spouse or family
Maybe for a pizza delivery job. But in every outfit I've worked for, the new hires straight out of college were within a year or two of starting new families. That's one of the least flexible times in a person's life. Later on, when they are in their 40s, they just call the kids, tell them that they'll be late. "Just drive down to the store and pick up some chicken pot pies. You know how to work a microwave."
The earth's water is kept on the surface by geothermal heat. Any water that trickles down through fissures is quickly heated and vented back into the atmosphere as steam. Mars' geothermal output has cooled to the point that there is little, if any active volcanism. And so the water stays underground.
No one makes a person risk their life, unless there's a cop draft I'm not familiar with.
National Security Letter.
We're interested in this guy who is wearing an Allah-u Akbar vest. We want you to spy on him for us. There's nothing you can do about it. Nobody you can complain to. You must comply.
Oh, by the way. Don't act nervous or anything when he walks in the front door to pay his broadband bill. Or he might push the button.
Amber and silver alerts involve people who pose little or no threat to the general population. Blue alerts involve people who have already proven to be a danger to law enforcement. Stare at that creepy guy in the next car who matches the description in the text message and he will think nothing of blowing your head off if he feels threatened.
Whether they send you a message through their system or via a postcard, they have to know the identity of the person with that particular face.
You could set up a fake identity and tag a few pictures of yourself with that ID. Facebook would then proceed to notify your fake persona whenever another photo of yourself was uploaded. As long as you have a method of checking your account from time to time without tripping over any tracking that could reveal your true identity, this could work.
Another trick you can use is to create a fake identity with either a common name, or better yet one you 'happen' to share with some celebrity. Any query on your identity would be swamped by returns of the more popular person. I know a guy who does this and it works quite well. Pick a name like Taylor Swift (this isn't the one he uses) and just try to find a picture of him online. How far down the responses will you have to scroll to find that 60 year old, out of work coal miner from Appalachia named Mr Swift?
Once upon a midnight dreary,
While porn I surfed, weak and weary,
Over many a strange and spurious site of "hot chicks galore".
While I clicked my fav'rite book mark,
Suddenly there came a warning,
And my heart was filled with mourning,
Mourning for my dear amour.
"Tis not possible!", I pleaded,
But my browser, so conceited,
Remained blank, then I repeated,
Just a blank and nothing more.
With a scream, I was defeated,
For my cookies were deleted,
So I begged, no longer seated,
"Give me back my free hardcore!"
Then, in an answer to my query,
Through the net I loved so dearly,
Came its answer, dark and dreary:
Quoth the server, 404.
And sure, _maybe_ future carriers and subs will be powered by them.
Why not commercial shipping? Get rid of bunker oil as a fuel and go a long way to eliminating greenhouse gasses. Nukes were tried once. Had they held out for a few more years (through the first oil crisis) this would have even become economical.
Slashdot Mirror
This.
The FCC can only create regulations within the framework of the Constitution and federal Laws. If Congress mandates some sort of Net Neutrality, Tweedie Pai will have to comply.
But beware of the special interests heaping cash onto legislators in this next election cycle. In fact, the threat of legislation might just be a way for candidates to put out their hands with the suggestion that, for enough money, NN can be made to go away.
We'll all be filthy rich in the sense that we'll all have everything we need
This is what you need.
and most of what we want.
I want an F40 Ferrari. I guess 'most of' would be defined as a Porsche 911. I will just have to make do.
MBSes were pools of mortgages that were carved up into "Tranches" with varying risk.
CDOs (collateralized debt obligations). Packages of these tranches bundled into securities.
the assumed risk profile turned out to be seriously wrong and many of the "safe" tranches failed.
The bottom tier CDOs wouldn't sell. And the banks didn't want them. So they bought CDSs (credit default swaps), which are a kind of insurance on the default of securities, bundled those together with the stinker CDOs and sold them as synthetic CDOs. The idea being that the combination of 'bad' mortgage tranches with the insurance would magically make a low risk security. But some smart people started buying CDSs against securities they didn't own as a way of shorting the market. In the end, each dollar of CDO had something like six dollars of insurance written against it. And the insurers, like AIG couldn't make good on the policies.
If you want a good run-down on the collapse, read The Big Short. Or watch the movie and pay particular attention to what Anthony Bourdain explains happens to fish that doesn't sell.
Explain to me how this new system is different.
Just sit back and relax. Let someone else do the driving.
Why don't they just move inland a few miles with a few more feet of elevation above seal level? Answer: Because their neighbors who already live there will kill them.
Sorry you folks live in a shithole where your fellow citizens won't step up and help you. Explain to me why this is my problem again?
Futures. And options. Particularly the ability to sell short without a position in the underlying asset (naked shorts).
Options allow an investor to effectively buy an insurance policy on the movement of an asset's price. A short position is a bet that your asset will go down. You cover yourself against the losses. Like buying insurance on your house. But if you don't own the underlying asset (or didn't borrow it), it's like your neighbor buying insurance on your house. If enough of your neighbors do this, I'll guarantee that your house will burn down sooner or later. It's what happened to mortgage backed securities in 2008.
The SEC tried to put a stop to that. But given a brand new asset class that they really don't understand or can't track, expect antics to ensue. Once the shit stops hitting the fan, expect the SEC to move to register and regulate Bitcoin and it's trading. And then it's allure will be gone.
Facebook is just so 2000's. Who even uses that anymore?
younger workers less likely to have a spouse or family
Maybe for a pizza delivery job. But in every outfit I've worked for, the new hires straight out of college were within a year or two of starting new families. That's one of the least flexible times in a person's life. Later on, when they are in their 40s, they just call the kids, tell them that they'll be late. "Just drive down to the store and pick up some chicken pot pies. You know how to work a microwave."
That could backfire if they are trying to fill a position for senior staff curmudgeon.
... into the ground.
The earth's water is kept on the surface by geothermal heat. Any water that trickles down through fissures is quickly heated and vented back into the atmosphere as steam. Mars' geothermal output has cooled to the point that there is little, if any active volcanism. And so the water stays underground.
No one makes a person risk their life, unless there's a cop draft I'm not familiar with.
National Security Letter.
We're interested in this guy who is wearing an Allah-u Akbar vest. We want you to spy on him for us. There's nothing you can do about it. Nobody you can complain to. You must comply.
Oh, by the way. Don't act nervous or anything when he walks in the front door to pay his broadband bill. Or he might push the button.
Amber and silver alerts involve people who pose little or no threat to the general population. Blue alerts involve people who have already proven to be a danger to law enforcement. Stare at that creepy guy in the next car who matches the description in the text message and he will think nothing of blowing your head off if he feels threatened.
Yeah. Great idea.
Yes.
Whether they send you a message through their system or via a postcard, they have to know the identity of the person with that particular face.
You could set up a fake identity and tag a few pictures of yourself with that ID. Facebook would then proceed to notify your fake persona whenever another photo of yourself was uploaded. As long as you have a method of checking your account from time to time without tripping over any tracking that could reveal your true identity, this could work.
Another trick you can use is to create a fake identity with either a common name, or better yet one you 'happen' to share with some celebrity. Any query on your identity would be swamped by returns of the more popular person. I know a guy who does this and it works quite well. Pick a name like Taylor Swift (this isn't the one he uses) and just try to find a picture of him online. How far down the responses will you have to scroll to find that 60 year old, out of work coal miner from Appalachia named Mr Swift?
Most contraband is brought in by the guards.
.....
So who is going to run the sweep? The guards?
Of course. These phones sell for almost $700 inside the prison. Guard sells you one. The next shift confiscates it.
Rinse, repeat.
Communication is a human right
It's one you can lose when you get sentenced to prison.
You put up a sign that says "Sorry. This is a no phone zone."
Why make it a war?
Because it's friendly competition if it's between equal parties in the marketplace. Once the state steps in to back one player, it becomes war.
I don't want to go on the cart!
Once upon a midnight dreary,
While porn I surfed, weak and weary,
Over many a strange and spurious site of "hot chicks galore".
While I clicked my fav'rite book mark,
Suddenly there came a warning,
And my heart was filled with mourning,
Mourning for my dear amour.
"Tis not possible!", I pleaded,
But my browser, so conceited,
Remained blank, then I repeated,
Just a blank and nothing more.
With a scream, I was defeated,
For my cookies were deleted,
So I begged, no longer seated,
"Give me back my free hardcore!"
Then, in an answer to my query,
Through the net I loved so dearly,
Came its answer, dark and dreary:
Quoth the server, 404.
That wouldn't even buy ten seasons of Scully and Mulder.
We have lulled the earthlings into a sense of complacency. Signal the mother ship that it is time to commence phase 2.
When you let a salt cooled reactor shut down, the salt solidifies
How do you start it the first time? (I'm guessing some sort of heating loop.)
And sure, _maybe_ future carriers and subs will be powered by them.
Why not commercial shipping? Get rid of bunker oil as a fuel and go a long way to eliminating greenhouse gasses. Nukes were tried once. Had they held out for a few more years (through the first oil crisis) this would have even become economical.