The problem is that these issues are very complicated and Fox News viewers are very, unintelligent. Fox News, the same network that went to court specifically to protect its right to make up lies.
No, the value of those loans was only a small fraction of the derivatives market. The fact is that even if every single one of those mortgages had gone tits up we would still have been in better shape than we are now had the bankers not been working on things.
I remember a wise saying, unfortunately, I forget who said it, the more clever the bankers investment tool gets, the further away you should keep your money.
It's not magic, it's extradition treaties and I had no idea that Swedes were that ignorant of international law. The crime happens wherever the equipment is located. And with good reason, it's hard enough to prosecute spammers and crackers as it is without having to convince the courts in their home country to convict. The crimes happen where the server is located and that's not a matter of magic, that's the logical extension of previous legal precedence.
As I replied before there is no requirement that the money be illegally obtained in the first place. There are definitely times such as trying to skirt taxation where you can be found guilty of money laundering even if the source of money was legal to begin with or if you're trying to obscure the source of money to avoid reporting requirements.
Actually, if you had bothered to read a little further down you'd see that I am in fact right about this.
1956. a 2 (B) knowing that the monetary instrument or funds involved in the transportation, transmission, or transfer represent the proceeds of some form of unlawful activity and knowing that such transportation, transmission, or transfer is designed in whole or in part— (i) to conceal or disguise the nature, the location, the source, the ownership, or the control of the proceeds of specified unlawful activity; or (ii) to avoid a transaction reporting requirement under State or Federal law,...
Do you have any actual evidence for that? For all the bitching on/. about the various extraditions from these knuckleheads to Gary McKinnon the crimes they were alleged to have committed were arguably on US soil and until international law is changed to clearly state otherwise, which it had better not be, they're all eligible for trial and potential prison time in the US.
The easiest thing to do is not poke the bear and then leave your meat and two bits dangling over the cage. That does not typically end well.
Money laundering is the process by which funds from source A are made to appear as if they came from source B. There is no requirement that the money be illegally obtained in order to be brought up on money laundering charges. In practice though it's rare for charges to be brought on money laundering charges unless there are other felony charges involved like racketeering or counterfeiting.
The only way around that is to ban campaign contributions completely and require candidates to only use government provided funds for campaigning. Not that I disagree with that, I think it's the way it should be done.
Because you can't extradite people over civil matters and you can't confiscate property on foreign soil to cover the award.
In this case though, the money laundering and other charges are pretty much always going to be felonies. And apparently if you distribute one or more work worth $1 000 or more during a 180 day period you're committing a felony. I don't agree with it, but that is what the law says.
Considering that nobody forced them to locate a server in the US, I'm not sure whom they can reasonably blame other than themselves. It remains to be seen whether the allegations lead to any convictions, but the US certainly does have the right to try them for those felonies.
It's not silly at all, they've been arrested for activities connected with operations in the US. Any criminal activities that they've allegedly committed with those servers represent criminal activities in the US.
It would be a completely different matter if the servers were all outside the US as they wouldn't have any control over the location of the people downloading from those servers.
That's not true at all. The reason people put their money to work is so that in the future they won't have to work. Inflation just screws over people who don't have enough money to invest in the stock market.
Also, please stop spreading this FUD. The reason for a credit crunch is that people stop lending money. That's not going to happen with a negative or zero inflation scenario, the interest rates will typically rise to factor that in. Most recently we had a credit crunch because nobody felt safe lending money, people are always going to be willing to lend money if they can charge enough interest to make up for the opportunity costs and risk.
Yes, but when you operate servers you have to comply with the laws in the countries you have servers. In this case Megaupload had equipment in the US and as a result falls under American law. They most certainly should be extradited as that's the only way in which it can be determined if they broke the law.
We don't do in absentia bullshit in the US like they do in some other parts of the world, so this is really the only way that it's going to be resolved. They could easily have avoided this by not having any servers in the US.
Megaupload had a physical presence in the US where they were allegedly violating American law. If you don't like it, don't have a presence in the US and don't commit crimes in the US either. It remains to be seen how solid the evidence is, but it's dishonest to imply that the US doesn't have jurisdiction over servers that are located in the US.
The appropriate place to lodge those grievances are with the other nations that sign onto those treaties. The US isn't the only bad guy here and in practice with produce a hell of a lot more copyright materials than pretty much anybody else.
What worked for us was taking the ability to nominate away from the parties and putting it in the hands of the voters to decide which candidates end up in the November elections. We also took the ability to draw the districting lines away from the legislature in the early '80s making it hard for one party or the other to gerrymander.
So far it's a bit soon to see how it really works, but it looks like we'll be having more moderate candidates elected in districts where there was effectively only one choice in the November election.
There's a fine line. It's usually OK to make a sizable donation to a candidate and give them a wink, wink nudge, nudge about what you want. It's not OK to pay for them to take specific positions and vote in specific ways.
Do you have any actual evidence of that? Lynch mobs in the US peaked in the '20s or there abouts, they were almost completely "Christian" and they would lynch people for being black or Jewish.
Now the rates of such lynchings have gone down significantly since then and rates of atheism have gone up since then. We can't conclude anything at all from that, but it's kind of an interesting to keep in mind. Christians in the US do not have a monopoly on morality.
The problem isn't the interest rates in that regards, the problem is that the spread is so large. If I have an account at a bank the typical interest these days is roughly 0.1% on most accounts I've seen. A quick look at average rates reveals that low interest cards average out at about 10.75%. So on average they're borrowing money from account holders for 0.1% and they're lending it for an additional 10.65%. There is some overhead involved, but people wonder why savings rates in the US are so low. 0.1% is 1.9% below the Federal Reserves typical inflation target.
I don't agree with Ron Paul on pretty much anything, but the fact is that he's dead on when it comes to the harm that the Federal Reserve represents. Tax laws are nothing compared with the income redistribution that's resulted form the Fed purposely creating inflation and holding interest rates well below inflation.
I do that as well currently, I pay my bills on time and my CC company rewards are more than the piddly amount of interest that the banks are willing to pay.
That's like a worst of both worlds solution. You still get all the pollution of drilling and you get known of the benefits from turning the CO2 in the air into new fuel.
That's probably true. Some anesthesiologists will do something similar so that they avoid having any track marks. The problem is that the intestines are made to absorb things, the stomach is where food is primarily broken down, but the large intestine is incredibly vascular and absorbs things quite quickly.
Apple sells overpriced products, they have an inherent incentive not to off shore their work as the race to the bottom will eventually come back to bite them on the ass. Of course they off shored it anyways because they don't have a firm grasp of economics.
Also, for a company that used to brand itself as different, Apple sure isn't behaving any different than the competition lately. Off shoring labor, patent trolling, imposing limits on how hardware can be used and just generally behaving like self indulgent jack asses.
That's bullshit, even the Chinese recognize that their products tend to be crap compared with the US. It's a lot more expensive to manufacture things in China than I think you realize. A factory in the US can be run at least 250 days a year, or if you add an additional few shifts you can run it 24/7. In China it's common for factories to be completely shut down for at least a month every year as for things like Chinese New Year they'll be down for a couple weeks while the employees head home for the holiday.
On top of that you've got shoddy inspections and products that end up inexplicably containing melamine in them if you're not watching the process carefully. What's more, it's relatively common for companies to try and renegotiate the terms of the contract after you've moved production over there.
The last thing though is that workers in the US are some of the most productive workers in the world. Quite frankly apart from the Norwegians, there just aren't many other places where employees produce as much in a given year as American workers do.
Contract is why. I don't get a new phone every year which means that when the carrier pisses me off I can walk immediately if I choose. The fact that most of the carriers are engaged in this kind of activity is more an argument for the government breaking up the cartel than it is to bend over even further.
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The problem is that these issues are very complicated and Fox News viewers are very, unintelligent. Fox News, the same network that went to court specifically to protect its right to make up lies.
No, the value of those loans was only a small fraction of the derivatives market. The fact is that even if every single one of those mortgages had gone tits up we would still have been in better shape than we are now had the bankers not been working on things.
I remember a wise saying, unfortunately, I forget who said it, the more clever the bankers investment tool gets, the further away you should keep your money.
It's not magic, it's extradition treaties and I had no idea that Swedes were that ignorant of international law. The crime happens wherever the equipment is located. And with good reason, it's hard enough to prosecute spammers and crackers as it is without having to convince the courts in their home country to convict. The crimes happen where the server is located and that's not a matter of magic, that's the logical extension of previous legal precedence.
As I replied before there is no requirement that the money be illegally obtained in the first place. There are definitely times such as trying to skirt taxation where you can be found guilty of money laundering even if the source of money was legal to begin with or if you're trying to obscure the source of money to avoid reporting requirements.
Actually, if you had bothered to read a little further down you'd see that I am in fact right about this. ...
1956.
a
2
(B) knowing that the monetary instrument or funds involved in the transportation, transmission, or transfer represent the proceeds of some form of unlawful activity and knowing that such transportation, transmission, or transfer is designed in whole or in part—
(i) to conceal or disguise the nature, the location, the source, the ownership, or the control of the proceeds of specified unlawful activity; or
(ii) to avoid a transaction reporting requirement under State or Federal law,
http://www.law.cornell.edu/uscode/html/uscode18/usc_sec_18_00001956----000-.html
Do you have any actual evidence for that? For all the bitching on /. about the various extraditions from these knuckleheads to Gary McKinnon the crimes they were alleged to have committed were arguably on US soil and until international law is changed to clearly state otherwise, which it had better not be, they're all eligible for trial and potential prison time in the US.
The easiest thing to do is not poke the bear and then leave your meat and two bits dangling over the cage. That does not typically end well.
Money laundering is the process by which funds from source A are made to appear as if they came from source B. There is no requirement that the money be illegally obtained in order to be brought up on money laundering charges. In practice though it's rare for charges to be brought on money laundering charges unless there are other felony charges involved like racketeering or counterfeiting.
The only way around that is to ban campaign contributions completely and require candidates to only use government provided funds for campaigning. Not that I disagree with that, I think it's the way it should be done.
Because you can't extradite people over civil matters and you can't confiscate property on foreign soil to cover the award.
In this case though, the money laundering and other charges are pretty much always going to be felonies. And apparently if you distribute one or more work worth $1 000 or more during a 180 day period you're committing a felony. I don't agree with it, but that is what the law says.
Considering that nobody forced them to locate a server in the US, I'm not sure whom they can reasonably blame other than themselves. It remains to be seen whether the allegations lead to any convictions, but the US certainly does have the right to try them for those felonies.
It's not silly at all, they've been arrested for activities connected with operations in the US. Any criminal activities that they've allegedly committed with those servers represent criminal activities in the US.
It would be a completely different matter if the servers were all outside the US as they wouldn't have any control over the location of the people downloading from those servers.
That's not true at all. The reason people put their money to work is so that in the future they won't have to work. Inflation just screws over people who don't have enough money to invest in the stock market.
Also, please stop spreading this FUD. The reason for a credit crunch is that people stop lending money. That's not going to happen with a negative or zero inflation scenario, the interest rates will typically rise to factor that in. Most recently we had a credit crunch because nobody felt safe lending money, people are always going to be willing to lend money if they can charge enough interest to make up for the opportunity costs and risk.
Yes, but when you operate servers you have to comply with the laws in the countries you have servers. In this case Megaupload had equipment in the US and as a result falls under American law. They most certainly should be extradited as that's the only way in which it can be determined if they broke the law.
We don't do in absentia bullshit in the US like they do in some other parts of the world, so this is really the only way that it's going to be resolved. They could easily have avoided this by not having any servers in the US.
Megaupload had a physical presence in the US where they were allegedly violating American law. If you don't like it, don't have a presence in the US and don't commit crimes in the US either. It remains to be seen how solid the evidence is, but it's dishonest to imply that the US doesn't have jurisdiction over servers that are located in the US.
The appropriate place to lodge those grievances are with the other nations that sign onto those treaties. The US isn't the only bad guy here and in practice with produce a hell of a lot more copyright materials than pretty much anybody else.
What worked for us was taking the ability to nominate away from the parties and putting it in the hands of the voters to decide which candidates end up in the November elections. We also took the ability to draw the districting lines away from the legislature in the early '80s making it hard for one party or the other to gerrymander.
So far it's a bit soon to see how it really works, but it looks like we'll be having more moderate candidates elected in districts where there was effectively only one choice in the November election.
There's a fine line. It's usually OK to make a sizable donation to a candidate and give them a wink, wink nudge, nudge about what you want. It's not OK to pay for them to take specific positions and vote in specific ways.
Do you have any actual evidence of that? Lynch mobs in the US peaked in the '20s or there abouts, they were almost completely "Christian" and they would lynch people for being black or Jewish.
Now the rates of such lynchings have gone down significantly since then and rates of atheism have gone up since then. We can't conclude anything at all from that, but it's kind of an interesting to keep in mind. Christians in the US do not have a monopoly on morality.
The problem isn't the interest rates in that regards, the problem is that the spread is so large. If I have an account at a bank the typical interest these days is roughly 0.1% on most accounts I've seen. A quick look at average rates reveals that low interest cards average out at about 10.75%. So on average they're borrowing money from account holders for 0.1% and they're lending it for an additional 10.65%. There is some overhead involved, but people wonder why savings rates in the US are so low. 0.1% is 1.9% below the Federal Reserves typical inflation target.
I don't agree with Ron Paul on pretty much anything, but the fact is that he's dead on when it comes to the harm that the Federal Reserve represents. Tax laws are nothing compared with the income redistribution that's resulted form the Fed purposely creating inflation and holding interest rates well below inflation.
I do that as well currently, I pay my bills on time and my CC company rewards are more than the piddly amount of interest that the banks are willing to pay.
That's like a worst of both worlds solution. You still get all the pollution of drilling and you get known of the benefits from turning the CO2 in the air into new fuel.
On top of that, we still have plenty of space. We'll almost certainly run out of fresh water before we run out of either space or food.
That's probably true. Some anesthesiologists will do something similar so that they avoid having any track marks. The problem is that the intestines are made to absorb things, the stomach is where food is primarily broken down, but the large intestine is incredibly vascular and absorbs things quite quickly.
I think this is a subtle clue that whatever they concoct will be called agent Smith.
Apple sells overpriced products, they have an inherent incentive not to off shore their work as the race to the bottom will eventually come back to bite them on the ass. Of course they off shored it anyways because they don't have a firm grasp of economics.
Also, for a company that used to brand itself as different, Apple sure isn't behaving any different than the competition lately. Off shoring labor, patent trolling, imposing limits on how hardware can be used and just generally behaving like self indulgent jack asses.
That's bullshit, even the Chinese recognize that their products tend to be crap compared with the US. It's a lot more expensive to manufacture things in China than I think you realize. A factory in the US can be run at least 250 days a year, or if you add an additional few shifts you can run it 24/7. In China it's common for factories to be completely shut down for at least a month every year as for things like Chinese New Year they'll be down for a couple weeks while the employees head home for the holiday.
On top of that you've got shoddy inspections and products that end up inexplicably containing melamine in them if you're not watching the process carefully. What's more, it's relatively common for companies to try and renegotiate the terms of the contract after you've moved production over there.
The last thing though is that workers in the US are some of the most productive workers in the world. Quite frankly apart from the Norwegians, there just aren't many other places where employees produce as much in a given year as American workers do.
Contract is why. I don't get a new phone every year which means that when the carrier pisses me off I can walk immediately if I choose. The fact that most of the carriers are engaged in this kind of activity is more an argument for the government breaking up the cartel than it is to bend over even further.