Take a look at the history of the garment industry and piece work.
As the internet tends to do, it disaggregates things – breaking things up into component pieces. Why does this matter? Workers become more fragmented. Thus, relatively speaking, this shifts power towards management, which is important when you try to negotiate your wage.
Also, companies tend to invest less in their works – such as training, pension plans, etc. Why bother when there is no longer expectation?
As for your example, you may or may be paying for “labor”. May places have rate sheets – Installing new breaks is X hours and the workmen are paid for X hours of work even if they don’t work X hours. If journey men take 2X hours – well – they are journey men. If a master mechanic can do it in.5 hours – well he is a master mechanic.
Boeing does the same thing – It sells all of its aircraft while flying in international waters – that way customers don’t have to pay sales tax. (Not exactly the same thing as registration fees, but in the same area.)
Not necessarily. Other countries with private insurance have successfully run insurance pools or insurance exchanges. There are a couple of specific reasons why it does not work here in the US – unfavorable tax treatment, overly complex regulation, etc. - but that does not mean the market could not be restructured. (I am kind of sad the heavy handed method that Obama is setting up exchanges in the US – but that would be way off topic.)
We are now getting to the point where I begin to tread lightly. It’s slightly out of my area of knowledge, the code is filled with words like “customary for the industry”, and a lot of subjective accounting decisions come into play. People who travel for a living are treated differently than those that travel occasionally or self-employed.
Try IRS Publication 463
For you, I think the trick is that the company needed a receipt from an outside 3rd party (restaurant) to demonstrate the cost for the standard meal allowance.
Of course not. Time shifting is perfectly legal. See the Supreme Court ruling “Sony Corp. of America v. Universal City Studios, Inc.”. I don’t think there has been much in the way of rulings for place shifting. And whoever said about owing anybody anything?
Now, does Fox get paid less when you house sitter hits record? (Off topic question – why hire a house sitter to hit the record button? Most are programmable.) Indirectly yes. Viewers who time shift are worth less to advertisers then those that don’t. Ad for weekend sales seen a week later does the sponsors no good.
So, does Fox have motive? Yes. Legal authority? IINAL but I would hope no.
I am not 100% familiar with their offerings but.
They offer DVRs, so that’s time shifting unless I am missing something about the serviee.
They offer it on Lap tops, IPads & IPhones - portable devices – so for place shifting, let’s call that blurry.
I think Aero is pitching this to a larger market then just those who can’t get normal TV due to reception issues.
Nice try – but the IRS determines if compensation is tax free as “required for the job” not “required by the boss”. If Google “offshored” it’s employees by putting them in boat in the middle of the ocean (which has been kicked around by some folk outside of Google – decent water cooling and no visa issues) then it might be able to get away with it – if they only offered basic meal fare.
I think you are missing the OP point. Rationally speaking, it should not matter who buys the insurance – indirectly from the employer or directly from the employee – it is coming out of the employee’s wages. People who can’t afford health care is a different matter.
If I buy medical insurance though my employer, my employer gets a tax break. If I buy medical care for myself, I don’t. Then factor in that people who buy their own health care tend to be sicker and more expensive than those who get it through work. That causes a big distortion.
So in your world would firefighters be required to pay for meals and housing while they stay at the fire station and have that reflected in their income tax statements?
Housing No, Food Maybe.
Firefighters are required to be on the premise and the housing is functional and minimal. It’s not like a firefighter could bring up their family on the premise. To extend, off shore oil workers get free housing because transport to/from the mainland is impartial. On Shore workers have to pay for their own.
For food, sort of the same thing, firefighters need to be on the premise. Now, if they brought in a full time chef to prepare gourmet meals like Google – I would think that would be something different.
Personally, I don’t the producers have anything against Babylon 5.
When I was growing up there was a long running geek debate on which one was better – Star Trek (Deep Space Nine in particular) or Babylon 5. Sheldon, dogmatically so, is in the Star Trek camp. Which, I think, is a nice nod to some of the esoteric and seemingly points debates that we geeks get into.
For it’s original shows, Netflix tends to release all of the episodes at once so viewers can “binge” on all of the shows at once. What changes does force on the writer? Does the nature of cliff hangers change since you won’t have to wait until next week?
For me, this gives a very different viewing experience. When I am left with a cliff hanger, I get to turn it over in my mind, examine alternative theories floating out on the web, etc. In short, part of the pleasure is the (forced) slow unfolding of the story.
There are 2 downsides with that from the TV perspective –
First, time-shifted/place-shifted advertisements are worth less. People pay less attention to them. (Live sports, for example, can charge a premium because people don’t time-shifting watching those vents.)
Secondly, and more importantly, the TV stations would have to share their revenue with Aereo – and more importantly – Aereo would be in the driving seat in terms of negotiations. I think the TV stations would want to go into negotiations in a stronger position.
So I don’t think they are inherently against it – they just want a larger slice of the pie. (Not saying that we should give it them.).
Not necessary. There have been some interesting experiments in retaking human senses. There have been tests retask the tongues’ nerve cell to receive sonar.
To throw something wild out with about 60 seconds of thought – could one use a Kinect to track and translate the baton motion? I would assume it would mean putting some obvious at the end of the baton – red foam ball? And then you would need to translate that into something – more specialized hardware.
While I am not a progressive (I am a pragmatic Liberation)), liberty, equality and justice are things that they believe in – but you have to look at the historical roots. Progressives want to use regulations to level the playing field so everybody has access.
Liberalism assumes that individual can make better choices about their lives then government. One of the assumptions is that individuals can enter into free exchanges with other people – but what if they can’t? Progressivism came to force back in the Gilded age – an age when there was a extreme imbalance of power between monopolies and the individual. Yes – individuals had a choice – they could either make a bad choice or op out of the system. (railroads were a popular example, but I would use high speed internet connection now – we Americans are mostly offered 2 poor choices in terms of cable / DSL by entrenched monopolies) .
I think that high temperature superconductors are making their way into MRI machines. And while I think blimps are cool there is not much of a market today.
Silicon chips is the industry that you are looking for – lots of helium goes into making computer chips.
You are being a little bit pedantic. They are referring to usable energy inputs / usable energy outputs.
As a counter example, look at ethanol. It requires a lot of cooking with natural gas to convert corn into a usable fuel. I have heard arguments that it would be more efficient to run cars on natural gas. (I don’t think that is true anymore – ethanol production can become a lot more efficient.)
So, 95% loss over 100 years works out to be a inflation rate of what - about 1.5% a year?
Factor in that having no inflation is theatrically impossible and, from a practical point, undesirable. We can debate which is worse – high inflation or deflation – but both rips up economies. Yep – I think that sounds pretty good.
DTCC is owned by it members – so it’s as private as your local co-op. (Which is private, but has a slightly different profit motive)
As to profiting when they own all of the stock? You are going to have to explain that theory to me.
Loss of data? DTCC has a set of records. Each brokerage firm has a separate set of records. (Many being held in a separate, custodial account) If DTCC and it multiple site backups were to blow up the master record could be reconstructed by pooling individual brokered records. Difficult to put back together – yeah – but doable.
Ownership does change – I mean DTCC does report ownership changes to the company. You seem to have a peculiar and narrow definition of “ownership”. It’s like cashing a check at the bank – it’s not like they move cash from one drawer to the other – and yet a real exchange has been made.
For myself, it’s not about intelligent people using legitimate loopholes – the loopholes are there for a reason – if you don’t like them close them down – which I am all for.
It is about international taxes. If you have a business that spans more than one tax jurisdictions things and get complex and stupid fast. The U.S. country of residence rules is just plain incomparable with the rest of the world, which is why our tax code is one complex kludge. Most of these shell accounts are to keep intermediate transactions from being double or tripled taxed.
But those who are hiding their taxes – well – that is a different story - prosecute them to the fullest..
Maybe not. The 5th Amendment limits what the government personal can do in a investigation – this is specifically covering a private corporation investigating it’s own employee’s – so I am not sure the 5th comes into play,
I think part of the answer lies in the fact that you exported power. I can’t comment for Germany, but I do know somebody who worked on the Hawaii system – which has reached this point (and does not export it’s spare power.)
Wind / Solar power tends to fluctuate and currently there is no good way to store the power. To handle this power companies generators on standby (which tend to be natural gas because they can be spun up / down quickly). In Hawaii (at least 2 years ago) it does not make sense to add any more variable renewable because it won’t reduce the costs in running the standby capacity. (It does cost money to run a plant at idea, spin it up, down, etc.)
Your half right – because nuclear and coal are close substitute and coal is the low hanging fruit.
Both are very good a providing base load power and not much else. Natural gas can do other things – peak electricity, heating, stock feed for plastic manufacturing, etc. Solar, Wind, etc. – while getting better – can’t offer reliable baseline load.
And, if we are talking about changing the energy supply mix, then yes, it does make logical sense to ask relative questions – is A better then B? If yes, more of A and less of B.
Mod parent up. US Banks have a long history of issuing their own dollars.(This was mainly true before the US Government started issuing paper currency.)
It is not a supply and demand curve because there is a kink in the curve. Computation costs (electricity, cost of GPUs, etc) put a kink in the supply curve.
The Supply curve generally has a positive slope. As there is more demand for bitcoin (i.e. as the price goes up) the more resources will be thrown at it. The opposite is true as well – the less demand the fewer resources will be thrown at it – until you get to the point where the cost to mine a bitcoin falls before the cost of mining it – then it just because a vertical line and nobody mines coins..
So electricity is not important in setting the price of bitconis but it does put a floor under which no new bitcoins would be mined.
The rest of what you say is broadly correct. I mean, you are making an assumption that people will continue to value and use bitcons. I don't think it will but that is a difference of opinion.
Take a look at the history of the garment industry and piece work.
As the internet tends to do, it disaggregates things – breaking things up into component pieces. Why does this matter? Workers become more fragmented. Thus, relatively speaking, this shifts power towards management, which is important when you try to negotiate your wage.
Also, companies tend to invest less in their works – such as training, pension plans, etc. Why bother when there is no longer expectation?
As for your example, you may or may be paying for “labor”. May places have rate sheets – Installing new breaks is X hours and the workmen are paid for X hours of work even if they don’t work X hours. If journey men take 2X hours – well – they are journey men. If a master mechanic can do it in .5 hours – well he is a master mechanic.
Boeing does the same thing – It sells all of its aircraft while flying in international waters – that way customers don’t have to pay sales tax. (Not exactly the same thing as registration fees, but in the same area.)
Not necessarily. Other countries with private insurance have successfully run insurance pools or insurance exchanges. There are a couple of specific reasons why it does not work here in the US – unfavorable tax treatment, overly complex regulation, etc. - but that does not mean the market could not be restructured. (I am kind of sad the heavy handed method that Obama is setting up exchanges in the US – but that would be way off topic.)
We are now getting to the point where I begin to tread lightly. It’s slightly out of my area of knowledge, the code is filled with words like “customary for the industry”, and a lot of subjective accounting decisions come into play. People who travel for a living are treated differently than those that travel occasionally or self-employed.
Try IRS Publication 463
For you, I think the trick is that the company needed a receipt from an outside 3rd party (restaurant) to demonstrate the cost for the standard meal allowance.
Of course not. Time shifting is perfectly legal. See the Supreme Court ruling “Sony Corp. of America v. Universal City Studios, Inc.”. I don’t think there has been much in the way of rulings for place shifting. And whoever said about owing anybody anything?
Now, does Fox get paid less when you house sitter hits record? (Off topic question – why hire a house sitter to hit the record button? Most are programmable.) Indirectly yes. Viewers who time shift are worth less to advertisers then those that don’t. Ad for weekend sales seen a week later does the sponsors no good.
So, does Fox have motive? Yes. Legal authority? IINAL but I would hope no.
I am not 100% familiar with their offerings but.
They offer DVRs, so that’s time shifting unless I am missing something about the serviee.
They offer it on Lap tops, IPads & IPhones - portable devices – so for place shifting, let’s call that blurry.
I think Aero is pitching this to a larger market then just those who can’t get normal TV due to reception issues.
Nice try – but the IRS determines if compensation is tax free as “required for the job” not “required by the boss”. If Google “offshored” it’s employees by putting them in boat in the middle of the ocean (which has been kicked around by some folk outside of Google – decent water cooling and no visa issues) then it might be able to get away with it – if they only offered basic meal fare.
I think you are missing the OP point. Rationally speaking, it should not matter who buys the insurance – indirectly from the employer or directly from the employee – it is coming out of the employee’s wages. People who can’t afford health care is a different matter.
If I buy medical insurance though my employer, my employer gets a tax break. If I buy medical care for myself, I don’t. Then factor in that people who buy their own health care tend to be sicker and more expensive than those who get it through work. That causes a big distortion.
So in your world would firefighters be required to pay for meals and housing while they stay at the fire station and have that reflected in their income tax statements?
Housing No, Food Maybe.
Firefighters are required to be on the premise and the housing is functional and minimal. It’s not like a firefighter could bring up their family on the premise. To extend, off shore oil workers get free housing because transport to/from the mainland is impartial. On Shore workers have to pay for their own.
For food, sort of the same thing, firefighters need to be on the premise. Now, if they brought in a full time chef to prepare gourmet meals like Google – I would think that would be something different.
Personally, I don’t the producers have anything against Babylon 5.
When I was growing up there was a long running geek debate on which one was better – Star Trek (Deep Space Nine in particular) or Babylon 5. Sheldon, dogmatically so, is in the Star Trek camp. Which, I think, is a nice nod to some of the esoteric and seemingly points debates that we geeks get into.
For it’s original shows, Netflix tends to release all of the episodes at once so viewers can “binge” on all of the shows at once. What changes does force on the writer? Does the nature of cliff hangers change since you won’t have to wait until next week?
For me, this gives a very different viewing experience. When I am left with a cliff hanger, I get to turn it over in my mind, examine alternative theories floating out on the web, etc. In short, part of the pleasure is the (forced) slow unfolding of the story.
There are 2 downsides with that from the TV perspective –
First, time-shifted /place-shifted advertisements are worth less. People pay less attention to them. (Live sports, for example, can charge a premium because people don’t time-shifting watching those vents.)
Secondly, and more importantly, the TV stations would have to share their revenue with Aereo – and more importantly – Aereo would be in the driving seat in terms of negotiations. I think the TV stations would want to go into negotiations in a stronger position.
So I don’t think they are inherently against it – they just want a larger slice of the pie. (Not saying that we should give it them.).
Not necessary. There have been some interesting experiments in retaking human senses. There have been tests retask the tongues’ nerve cell to receive sonar.
Or this - http://www.thinkgeek.com/product/f358/?srp=2
To throw something wild out with about 60 seconds of thought – could one use a Kinect to track and translate the baton motion? I would assume it would mean putting some obvious at the end of the baton – red foam ball? And then you would need to translate that into something – more specialized hardware.
While I am not a progressive (I am a pragmatic Liberation)), liberty, equality and justice are things that they believe in – but you have to look at the historical roots. Progressives want to use regulations to level the playing field so everybody has access.
Liberalism assumes that individual can make better choices about their lives then government. One of the assumptions is that individuals can enter into free exchanges with other people – but what if they can’t? Progressivism came to force back in the Gilded age – an age when there was a extreme imbalance of power between monopolies and the individual. Yes – individuals had a choice – they could either make a bad choice or op out of the system. (railroads were a popular example, but I would use high speed internet connection now – we Americans are mostly offered 2 poor choices in terms of cable / DSL by entrenched monopolies) .
I think that high temperature superconductors are making their way into MRI machines. And while I think blimps are cool there is not much of a market today.
Silicon chips is the industry that you are looking for – lots of helium goes into making computer chips.
You are being a little bit pedantic. They are referring to usable energy inputs / usable energy outputs.
As a counter example, look at ethanol. It requires a lot of cooking with natural gas to convert corn into a usable fuel. I have heard arguments that it would be more efficient to run cars on natural gas. (I don’t think that is true anymore – ethanol production can become a lot more efficient.)
So, 95% loss over 100 years works out to be a inflation rate of what - about 1.5% a year?
Factor in that having no inflation is theatrically impossible and, from a practical point, undesirable. We can debate which is worse – high inflation or deflation – but both rips up economies. Yep – I think that sounds pretty good.
Let us see - Some minor nits and a major point.
DTCC moved to New Jersey a few years go, I think.
DTCC is owned by it members – so it’s as private as your local co-op. (Which is private, but has a slightly different profit motive)
As to profiting when they own all of the stock? You are going to have to explain that theory to me.
Loss of data? DTCC has a set of records. Each brokerage firm has a separate set of records. (Many being held in a separate, custodial account) If DTCC and it multiple site backups were to blow up the master record could be reconstructed by pooling individual brokered records. Difficult to put back together – yeah – but doable.
Ownership does change – I mean DTCC does report ownership changes to the company. You seem to have a peculiar and narrow definition of “ownership”. It’s like cashing a check at the bank – it’s not like they move cash from one drawer to the other – and yet a real exchange has been made.
For myself, it’s not about intelligent people using legitimate loopholes – the loopholes are there for a reason – if you don’t like them close them down – which I am all for.
It is about international taxes. If you have a business that spans more than one tax jurisdictions things and get complex and stupid fast. The U.S. country of residence rules is just plain incomparable with the rest of the world, which is why our tax code is one complex kludge. Most of these shell accounts are to keep intermediate transactions from being double or tripled taxed.
But those who are hiding their taxes – well – that is a different story - prosecute them to the fullest..
Maybe not. The 5th Amendment limits what the government personal can do in a investigation – this is specifically covering a private corporation investigating it’s own employee’s – so I am not sure the 5th comes into play,
It still stinks in my opinion.
I think part of the answer lies in the fact that you exported power. I can’t comment for Germany, but I do know somebody who worked on the Hawaii system – which has reached this point (and does not export it’s spare power.)
Wind / Solar power tends to fluctuate and currently there is no good way to store the power. To handle this power companies generators on standby (which tend to be natural gas because they can be spun up / down quickly). In Hawaii (at least 2 years ago) it does not make sense to add any more variable renewable because it won’t reduce the costs in running the standby capacity. (It does cost money to run a plant at idea, spin it up, down, etc.)
Your half right – because nuclear and coal are close substitute and coal is the low hanging fruit.
Both are very good a providing base load power and not much else. Natural gas can do other things – peak electricity, heating, stock feed for plastic manufacturing, etc. Solar, Wind, etc. – while getting better – can’t offer reliable baseline load.
And, if we are talking about changing the energy supply mix, then yes, it does make logical sense to ask relative questions – is A better then B? If yes, more of A and less of B.
Mod parent up. US Banks have a long history of issuing their own dollars.(This was mainly true before the US Government started issuing paper currency.)
http://www.npr.org/blogs/money/2012/12/07/166747693/episode-421-the-birth-of-the-dollar-bill
It is not a supply and demand curve because there is a kink in the curve. Computation costs (electricity, cost of GPUs, etc) put a kink in the supply curve.
The Supply curve generally has a positive slope. As there is more demand for bitcoin (i.e. as the price goes up) the more resources will be thrown at it. The opposite is true as well – the less demand the fewer resources will be thrown at it – until you get to the point where the cost to mine a bitcoin falls before the cost of mining it – then it just because a vertical line and nobody mines coins..
So electricity is not important in setting the price of bitconis but it does put a floor under which no new bitcoins would be mined.
The rest of what you say is broadly correct. I mean, you are making an assumption that people will continue to value and use bitcons. I don't think it will but that is a difference of opinion.
Minor nit – but private companies don’t need audited statements. And VC funds are private - so – no audited statements.