Utterly unqualified new college grads are making $100k+ these days.
Must be a bachelor degree. I only got two associates degrees. The first one is A.A. degree in General Education after I graduated from eight years of Special Ed, skipped high school, and went to community college. A decade later I got A.S. in computer programming to get into IT.
For fuck's sake either ask for more (you seem sharp enough!) or stop complaining.
I'm not complaining. I don't have a problem living in Silicon Valley on $50,000 per year. Everyone else has a problem that I'm living in Silicon Valley on $50,000 per year.
Investors have become much more conservative with their money lately, and are losing patience for startups that have failed to generate returns after years of free spending.
I keep hearing that the current tech bubble burst will be worse than the dot com bust. Uh, no. Professional money is drying up after these unicorns spent too much money on perks rather than the actual business. While that impacts Wall Street and The Wall Street Journal proclaiming the end of trading profits in daily articles, it has no impact on Main Street. Remember, kids, a bubble is when your grandmother and her dog are throwing money into the stock market. After the dot com bust and the real estate bust, Grandma and the dog are keeping their money in a mattress.
The drug dealer living at his apartment complex makes more than $50k, and he's probably the one stealing his Amazon shit too.
When I first moved into my apartment 10+ years ago, you could walk around the complex and smell 20 different kinds of weeds. Drug dealer moved out a long time ago. Today you could probably smell 20 different kinds of curry.
Because building out brick-and-mortar infrastructure is expensive.
Or did you just make that up to fit your preferred conclusion?
I recently had a half-dozen packages stolen from my post office box. An obvious inside job. The postal inspector inspector launched an investigation. I informed the vendors what happened, they sent out replacement packages. Because they had to offer free shipping to compete with Amazon and postal insurance pays a pittance, they had to eat the cost of $500 in merchandise. If the vendors are lucky, the postal inspector can recover the stolen packages. Amazon will have to absorb all the costs and risks that comes from delivering packages.
My memory is fuzzy but I think some people call this concept free market capitalism.
It's called redlining in the financial industry, where banks don't open branch offices in poorer neighborhoods and those residents pay outrageous interest charges to payday lenders because they don't have access to basic banking services. Bernie Sanders had proposed letting the postal service offer basic banking services to all Americans. Something that the post office used to do a long time ago.
In fact, Sanders's idea is quite sensible. "Postal banking"—which just means that post offices run savings accounts, cash checks, and perform other basic financial services—is common in most of Asia and Europe, and only about 7 percent of the world's national postal systems don't offer some bank-like services. Postal banking is a really good way to reach people who haven't had access to standard savings accounts. One estimate figures that more than 1 billion people have used post offices for making deposits.
Amazon isn't in the delivery business. They're in the retail business.
You haven't been keeping up with the news.
But some analysts believe that Amazon is putting together the pieces across the globe to launch a package-delivery service that will one day compete with UPS, FedEx and others. In addition to the Colis Prive deal, Amazon acquired the right to purchase 4.2 percent of Yodel, a United Kingdom parcel-delivery company, in 2014. Last month, Amazon announced adding thousands of trucks to its U.S. fleet to handle the growing load of packages it is shipping.
But you wouldn't know that. You sit in your mansion on the hill, windows pointed away from the poor...never helping them. You disgust me.
I live in a apartment complex in Silicon Valley where my Amazon packages routinely walk off when left behind by the mail carrier. Other than the people in the leasing office, I'm the only white person at this complex. I'm considered "poor" because I make only $50,000 per year as an IT support technician, don't own a McMansion, and take public transit. Boo-hoo!
The people who works minimum wage and speaks English as a second language thinks my situation is hilarious.
I know San Jose was licking its chops at that idea since they have been trying to get Apple to move its corporate headquarters for years.
Fast forward several years later, Apple is bringing 4.15-million square feet of office space to North San Jose over the next 15 years. In comparison, the Apple HQ in Cupertino is only 2.8-million square feet.
The only shopping mall that they have in Cupertino has no stores, unable to compete with other shopping malls in the region. No stores = no sales tax. The newest proposal is to convert the shopping mall into a mix development of shops and housing. With the new Apple HQ down the street, it makes sense to throw in more housing. However, less sales tax.
Utterly unqualified new college grads are making $100k+ these days.
Must be a bachelor degree. I only got two associates degrees. The first one is A.A. degree in General Education after I graduated from eight years of Special Ed, skipped high school, and went to community college. A decade later I got A.S. in computer programming to get into IT.
For fuck's sake either ask for more (you seem sharp enough!) or stop complaining.
I'm not complaining. I don't have a problem living in Silicon Valley on $50,000 per year. Everyone else has a problem that I'm living in Silicon Valley on $50,000 per year.
Investors have become much more conservative with their money lately, and are losing patience for startups that have failed to generate returns after years of free spending.
I keep hearing that the current tech bubble burst will be worse than the dot com bust. Uh, no. Professional money is drying up after these unicorns spent too much money on perks rather than the actual business. While that impacts Wall Street and The Wall Street Journal proclaiming the end of trading profits in daily articles, it has no impact on Main Street. Remember, kids, a bubble is when your grandmother and her dog are throwing money into the stock market. After the dot com bust and the real estate bust, Grandma and the dog are keeping their money in a mattress.
The drug dealer living at his apartment complex makes more than $50k, and he's probably the one stealing his Amazon shit too.
When I first moved into my apartment 10+ years ago, you could walk around the complex and smell 20 different kinds of weeds. Drug dealer moved out a long time ago. Today you could probably smell 20 different kinds of curry.
Like doing tier 1 support for COMCAST.
I'm a senior system administrator for government IT.
Making only $50k doing IT in Silly Valley? Sounds like you're doing something wrong.
Like what exactly? Not everyone in Silicon Valley is a newly minted millionaire.
How, exactly, do you know that?
Because building out brick-and-mortar infrastructure is expensive.
Or did you just make that up to fit your preferred conclusion?
I recently had a half-dozen packages stolen from my post office box. An obvious inside job. The postal inspector inspector launched an investigation. I informed the vendors what happened, they sent out replacement packages. Because they had to offer free shipping to compete with Amazon and postal insurance pays a pittance, they had to eat the cost of $500 in merchandise. If the vendors are lucky, the postal inspector can recover the stolen packages. Amazon will have to absorb all the costs and risks that comes from delivering packages.
My memory is fuzzy but I think some people call this concept free market capitalism.
It's called redlining in the financial industry, where banks don't open branch offices in poorer neighborhoods and those residents pay outrageous interest charges to payday lenders because they don't have access to basic banking services. Bernie Sanders had proposed letting the postal service offer basic banking services to all Americans. Something that the post office used to do a long time ago.
In fact, Sanders's idea is quite sensible. "Postal banking"—which just means that post offices run savings accounts, cash checks, and perform other basic financial services—is common in most of Asia and Europe, and only about 7 percent of the world's national postal systems don't offer some bank-like services. Postal banking is a really good way to reach people who haven't had access to standard savings accounts. One estimate figures that more than 1 billion people have used post offices for making deposits.
http://www.theatlantic.com/business/archive/2015/10/bernie-sanders-lets-turn-post-offices-into-banks/411589/
Amazon isn't in the delivery business. They're in the retail business.
You haven't been keeping up with the news.
But some analysts believe that Amazon is putting together the pieces across the globe to launch a package-delivery service that will one day compete with UPS, FedEx and others. In addition to the Colis Prive deal, Amazon acquired the right to purchase 4.2 percent of Yodel, a United Kingdom parcel-delivery company, in 2014. Last month, Amazon announced adding thousands of trucks to its U.S. fleet to handle the growing load of packages it is shipping.
http://www.seattletimes.com/business/amazon/amazons-delivery-ambitions-take-on-industry-giants/
A low-risk dollar is objectively a better dollar.
If that was the case, Amazon shouldn't be in the delivery business. Not enough low-risk dollars to justify building out a delivery fleet.
They're not going to be earning many dollars if their delivery people get robbed every 30 minutes.
Then Amazon shouldn't be in the delivery business. UPS and FedEx can get the job done.
But you wouldn't know that. You sit in your mansion on the hill, windows pointed away from the poor...never helping them. You disgust me.
I live in a apartment complex in Silicon Valley where my Amazon packages routinely walk off when left behind by the mail carrier. Other than the people in the leasing office, I'm the only white person at this complex. I'm considered "poor" because I make only $50,000 per year as an IT support technician, don't own a McMansion, and take public transit. Boo-hoo!
The people who works minimum wage and speaks English as a second language thinks my situation is hilarious.
I guess Amazon didn't get the memo that a dollar is a dollar no matter where it comes from.
I can't remember anyone having mentioned their name for 15 years.
Same here. The world has moved on, but Tucows is still here. Someone forgot to send out the memo.
If he wins California, he wins the nomination. He already has the rest of the states in the bag.
As we say in California, what are you smoking and where can I get some?
And woosh goes the joke over the head of the pretentious user posting with an account
WOOSH!
[...] complaining and acting entitled [...]
Says the AC on the tiniest high horse.
What sort of newbie are you? He's AC .. I have seen him posting here for over a decade.
Over a decade ago most comments were posted under individual accounts and only goatse trolls posted under AC.
Suggestion: read the article and details, before making assumptions.
This is Slashdot. You must be new around here.
"The exploit is trivial, so we expect it to be available within hours of this post," Huber wrote in a blog post.
Wouldn't it be prudent to get the maintainers for the library to patch first before making it exploit available to the public?
and notice how development skyrocketed in the 80s as taxes fell???
See how the middle class shrunk, real wages stayed stagnant and infrastructure fell apart?
The top individual tax rate in the 50's was 91%, not corporate. The top corporate rate was around 50%.
You're correct. I get the two confused sometimes.
http://federal-tax-rates.insidegov.com/l/35/1950
I know San Jose was licking its chops at that idea since they have been trying to get Apple to move its corporate headquarters for years.
Fast forward several years later, Apple is bringing 4.15-million square feet of office space to North San Jose over the next 15 years. In comparison, the Apple HQ in Cupertino is only 2.8-million square feet.
http://www.sfgate.com/business/article/Apple-gets-green-light-for-massive-San-Jose-6786465.php
[...] some praise this system... then you complain [...]
It's the American Way.
The only shopping mall that they have in Cupertino has no stores, unable to compete with other shopping malls in the region. No stores = no sales tax. The newest proposal is to convert the shopping mall into a mix development of shops and housing. With the new Apple HQ down the street, it makes sense to throw in more housing. However, less sales tax.
http://www.mercurynews.com/cupertino/ci_29822286/vallco-mall-empties-out-tenants-begin-settle-elsewhere
If you were not trying to destroy companies with overbearing tax rates they wouldn't need to use LEGAL routes to reduce the burden.
Never mind that corporations paid a 90% tax rate in the 1950's.