My guess is he is referring to Global Crossing and the like. Some companies laid tons of fiber in the late nineties and then went belly up. That fiber got sold on the cheap. Companies like AT&T were able to pick some of this stuff up for pennies on the dollar.
Bank regulators today admit that detecting fraud is extremely difficult. Almost all cases are broken open by someone on the inside.
I see it like bond ratings. Someone gives the bank an AA or something lower. The bank may then need to give higher interest rates to get depositors, but there is no regulation.
I wasn't thinking necessarily gold. If one were to back a currency with a commodity, it might be nice to tie to an object that people use, like oil.
I also think that monetary policy should be more open and deterministic. Certainly the fed uses large amounts of data and quantitative analysis in setting policy, but they mix that with a huge dose of qualitative analysis. In the end, they vote their conscience; and markets react. I believe that monetary policy should be a strict formula off of open information. Example, the fed funds rate could be tied to housing starts, retails sales, and other .
Having some brilliant people with their own agendas in an ivory tower somewhere making decisions does no one any good except those who have insider information.
The $100 OLPC initiative was start when $100 was worth substantially more. It they have gone with a 100 Euro laptops, they could really trick the thing out.
Well, if people get burned- word gets around. This little problem would have resolved itself. Who is going to put money into a bank with a bad reputation.
In the US, the Federal Reserve has the right to create money out of thin air. They don't want anyone encroaching on that power. In SL, Linden has the power. They should be cracking down. Both worlds need some hard currency in my opinion.
Perhaps the idea is to have people stop buying CDs, and move people over to getting their content from a place like iTunes. If you RIP your content from a CD, you can put it in whatever format you want. Their is no content control.
If you buy from a place like iTunes, there is some form of control, and in the future they can alter the form of control. Power is in their hands.
I think the whole premise that record companies want to continue to sell media is flawed. It costs them money to produce the media, distribute it, and sell it. Lots of middle men in the way. Cheaper to just sell it online. And if you sell it that way, you can introduce protections. I think they WANT CDs to die off.
Awesome comment. I am an engineering who just finished a law class. Here is what I know.
If you are in California (and some other states, but especially California), non competes are not really enforced. Unless you sold a company and promised not to open a competing business, you are pretty much in the clear. It is bad for the public good if people are not allowed to work.
Opening up a new company is good for the economy, and encouraged. In Cali, a lot of people credit the law that the California tech economy.
Also, I believe to amend a contract, they need to offer you something in return, called consideration. If they just want you to sign a new contract and not offer you anything, not so sure that will stick.
Also, non competes must be ancillary to other agreements. They just can't be on their own. Really, the only reason for one is to protect IP, all other reasons don't fly in court.
as someone who works in hardware design, I had to say this statement is a joke. I design something, test it in the lab, and if it doesn't work-- oh well. No one gets hurt, and I wasted a couple of days.
Clinical trials take eons by comparison. Design a machine/device, test it in a simulator, test it on animals, test it on people, and then possibly you can prove it works. Takes years compared to designing a testing a simple circuit.
If Intel had followed have of the procedures necessary in medicine, bugs like the Pentium FP one would never had shown up. They would still be testing the 8086.
Slashdot Mirror
I think it is interesting it is one atom long by ten atoms wide. Isn't the definition of the long side the one that is longer?
So the question is, which is greater $20 or $0?
Hypothesis: Does belief in Astrology affect the size of a girls tits or how good a hummer she gives?
Experiment: The fun part in this case.
I would love to see what happens with slave Reparations if he wins.
Strip poker.....
Bank regulators today admit that detecting fraud is extremely difficult. Almost all cases are broken open by someone on the inside. I see it like bond ratings. Someone gives the bank an AA or something lower. The bank may then need to give higher interest rates to get depositors, but there is no regulation.
I also think that monetary policy should be more open and deterministic. Certainly the fed uses large amounts of data and quantitative analysis in setting policy, but they mix that with a huge dose of qualitative analysis. In the end, they vote their conscience; and markets react. I believe that monetary policy should be a strict formula off of open information. Example, the fed funds rate could be tied to housing starts, retails sales, and other .
Having some brilliant people with their own agendas in an ivory tower somewhere making decisions does no one any good except those who have insider information.
The $100 OLPC initiative was start when $100 was worth substantially more. It they have gone with a 100 Euro laptops, they could really trick the thing out.
Well, if people get burned- word gets around. This little problem would have resolved itself. Who is going to put money into a bank with a bad reputation.
In the US, the Federal Reserve has the right to create money out of thin air. They don't want anyone encroaching on that power. In SL, Linden has the power. They should be cracking down. Both worlds need some hard currency in my opinion.
I love my FIOS. I wonder is Comcast will give 12 times the shitty customer service as well.
to go short of the stock. If this is truly a dying industry, you can profit from it in that way.
Correction: they were a trusted brand.
No way are they injecting me with that.....
If you buy from a place like iTunes, there is some form of control, and in the future they can alter the form of control. Power is in their hands.
I think the whole premise that record companies want to continue to sell media is flawed. It costs them money to produce the media, distribute it, and sell it. Lots of middle men in the way. Cheaper to just sell it online. And if you sell it that way, you can introduce protections. I think they WANT CDs to die off.
Owning an unvaccinated dog while black.
Notice it does not say placing a bet online while within the state. It makes it illegal from them to place a bet online-- period.
I can't even go to a New Hampshire internet cafe to get my fix.
If you are in California (and some other states, but especially California), non competes are not really enforced. Unless you sold a company and promised not to open a competing business, you are pretty much in the clear. It is bad for the public good if people are not allowed to work.
Opening up a new company is good for the economy, and encouraged. In Cali, a lot of people credit the law that the California tech economy.
Also, I believe to amend a contract, they need to offer you something in return, called consideration. If they just want you to sign a new contract and not offer you anything, not so sure that will stick.
Also, non competes must be ancillary to other agreements. They just can't be on their own. Really, the only reason for one is to protect IP, all other reasons don't fly in court.
as someone who works in hardware design, I had to say this statement is a joke. I design something, test it in the lab, and if it doesn't work-- oh well. No one gets hurt, and I wasted a couple of days. Clinical trials take eons by comparison. Design a machine/device, test it in a simulator, test it on animals, test it on people, and then possibly you can prove it works. Takes years compared to designing a testing a simple circuit. If Intel had followed have of the procedures necessary in medicine, bugs like the Pentium FP one would never had shown up. They would still be testing the 8086.
I am with you. I think they should also patch all their routers to drop any traffic destined/originating from a Brazilian IP address.
Are they even this accurate now?
deny the genocide taking place currently in Palestine, why is that any worse than denying on that happened 65 years ago?
We have Viagra in the Lincoln bedroom nowadays...............
It is brilliant really, get them to believe in a catastrophe and you are the solution.
Here is a reference.