Re: It gets even better:
when will Microsoft finally wake up and start working their way out of this mess?
.. I'm thinking "never".
10487 posts • joined 3 Jun 2008
when will Microsoft finally wake up and start working their way out of this mess?
.. I'm thinking "never".
The absolute rate is not so much a concern for the industry as the volatility. Such sudden fluctuations impact the planning process for companies and customers.
2012-03-22: Saving India from the Keynesians by Shanmuganathan "Shan" Nagasundaram
"At this point, readers could rightfully ask the question "How then did the same team engineer the reforms of 1990–2010?" The answer is fairly straightforward: all that we have managed is a transition from a nearly communist economy (defined as state ownership of production) to a nearly fascist economy (in which ownership of production is private, but the state plans and controls the means of production.) The above transition was intellectually consistent with the Keynesian beliefs of the reform team and hence was not difficult to implement. Even this limited movement in the direction of "free markets" has given the Indian economy tremendous rewards in terms of growth and poverty reduction.
... Given the challenges ahead in terms of disruptions in the global economy, the right thing for the government to do would be to free up capital by reducing their expenditure (leading to lower taxes and inflation) and dramatically decrease the involvement in economic activities/decision making by allowing competitive forces to decide market outcomes. ... While there would be impediments to implementation as cited above, the bigger stumbling block lies in the realization by the economic team as to why the above is the right thing to do. For a team that has paraded the NREGA as its flagship achievement, indulges in price controls as a way to manage inflation, has praised ministers for presenting socialistic budgets, the intellectual blind spot is the real hurdle. With the repeated hyperbole in the mainstream media of Indian Prime Minister Dr. Manmohan Singh being a "brilliant economist," and given that he has surrounded himself with advisers who are essentially welfare/Keynesian economists, salvation truly lies only within."
It is my contention that whenever the word "fair" appears, some economic contingencies have been misunderstood. In particular when the "fairness" is expected to spring from state economic intervention.
"Freedom!" and "Self-reliance!" which are myths
Extreme faceplam demanded. Myths? Is this like the modern version of Logan's Run?
"Freedom and Self-reliance are MYTHS! You will DIE if the government doesn't constantly HELP AND TAX YOU!!11!"
Isaac Asimov, who knew Heinlein from the mid-'30s on, was convinced that his personal political views were largely a function of the woman he was married to at the time. In the '30s, when he was married to wife #2, Leslyn MacDonald, whom Asimov describes as "a flaming liberal," Heinlein was working with Upton Sinclair and his EPIC movement. Twenty years later, married to wife #3, Virginia Gerstenfeld, he re-emerged as a Cold Warrior fixated on the supposed nobility of the military and newly devoted to a "free market" for which he had had little use during the years of the Great Depression.
If so it was, I say, "so be it." Many men have tailored their beliefs to match those of their wives. They have found that it helps to preserve and promote domestic harmony. And they believe that domestic harmony is a valuable thing, a thing worth preserving. Robert A. Heinlein was hardly the only man, or even the first man, to venture down this path.
Yet Hubbard won the bet with Heinlein about whether more bacon could be brought in by creating a cargo cult for idiots rather than writing SciFi.
Good business acumen. Though sadly bereft of any ethics.
The word is "horribad".
The Eye of Japetus had blinked, as if to remove an irritating speck of dust. David Bowman had time for just one broken sentence which the waiting men in Mission Control, nine hundred million miles away and eighty minutes in the future, were never to forget:
"The thing's hollow – it goes on forever – and – ZOMG LOL – it's full of stars! ROFLMAOOoooooo....!"
Ok, the military can have their trillion.
But why not shift the 1.5 billion annual subsidy for Egypt and 3 billion annual subsidy for Israel to NASA?
Oh wait, they are using these for buying US military kit.
It's the one which is liquid, natch.
Has the internet grown to such a point that entropy has set in?
COMMENT SECTION SAYS YES!
But on the other hand, the money goes to the watchmaker, who will use it to buy the bonds of a company in dire need of cash so that it may
extend its capital structure tool up in order to produce more of goodie X. This however, means that worker Y and Z need to be hired, which means that their income can be used to feed wife and children.
So by buying this watch MAY HELP THE ECONOMY!
And the original money came from couch potatoes. CAPITALISM ROCKS!
You could probably find a mad scientist eager to use this watch in some gruesome, unethical experiment on live humans.
If that watch falls down the loo, it will be watcherloo!
> and the favoring of AES, a cipher sponsored by a government known to spy on its own citizens
Yeah, roll your own cipher?
Therein lies crankosity and madness.
"Yet another package with russian dolls for you. Do you collect them?"
AES does not come from the NSA, nor has it been designed by the NSA and I really trust the saying of a large ensemble of non-NSA people who while away their time for a decade cracking the thing and come away with --- not much.
In a statement, the Securities and Exchange Commission said it was monitoring the situation.
"Today it was announced that the Securities and Exchange Commission (SEC) had a material weakness in the internal controls over its financial reporting. The SEC avoided a big fat “E” last year via its remediation of internal control problems, but this year the SEC’s material weaknesses included control deficiencies related to its accounts receivable balances, “period-end closing process, accounting for transaction fee revenue, and preparation of financial statement disclosures.”
Now, since the SEC implements and enforces the provisions of Sarbanes-Oxley 404 (which requires management to report on its internal controls over financial reporting), how can this inept organization possibly be trusted to oversee that which it can’t manage within its own organization?
Non-compliance with 404 has been disastrous for private companies that have had material weaknesses (massive stock declines and even bankruptcy), however, the SEC, which is not subject to market forces, has responded with this: “During fiscal year 2007, SEC improved its controls over the accuracy, timeliness, and completeness of the disgorgement and penalty data and used a much improved database for the initial recording and tracking of these data.” Ummm, so? This is like throwing fluff at a charging rhino.
To get rid of the unmaintainable mess of pointers.
And mixing the two concepts is just ... no.
No that is
d < 50 * 30 AU - halfway to the Oort.
And no, it doesn't make much a dent into the real "dark matter".
I recommend you stop ordering mind-enhancing goods at "Internet Pharmacies".
Newlyweds Justine and Michael .... Justine seems unmoved. When she and Michael retreat to their room for the evening, she brushes off his advances and goes walking on the grounds where she has sex with a coworker.
WTF IS THIS SH*T?
Not only that but...
It was thought that the planets were flung out of galaxies before embarking upon their lonely interstellar journey.
Flung out of SOLAR SYSTEMS not GALAXIES. Good look flunging them out of Galaxies.
Please Reg writers --- STOP PHONING IT IN OR TEXTING FROM THE BUS STOP.
Imminent Reg Tombstone predicted AGAIN (because the Marissa Mayer headline is still spelled as Marissa Meyer 8 hours after release)
The unstated (and entirely unchallenged) assumption here is that USUK are joined at the hip. Not entirely unexpected, as the last 10 years was enlivened mainly by the sound of brains falling on the floor and politicians fartingly rolling over, but still...
"Ah, shit! I meant to take care of him, not fuckin' take care of him!"
It seems that there is little understanding that it was banking secrecy that helped to resist twentieth-century dictatorships and that high tax rates — not money havens — are responsible for tax evasion, as Prince Hans-Adam of Lichtenstein has pinpointed. Clearly the amount of information collected for the purpose of future tax investigation is enormous, leaving little place for human privacy and dignity. Most importantly, it raises a question as to who gave participating states a right to gather information on people that are not their citizens.
Ok, fixed now.
Even I notice the headline has a spelling error.
Imminent Reg tombstone predicted.
"It's consumer protection to prevent customers being hoodwinked by incredible bargains"
Yeah, starting off by assuming the people you want to "protect" are incredibly retarded is pretty much self-defeating.
Oh wait, they are phoning ASA to complain they didn't get the bargain they are entitled to ... never mind.
> doing so isn't beyond the realm of possibility.
It certainly is beyond the realm of the Guardian's BOFH.
This "realm of possibility" are well-equipped university labs writing papers on how it is in the realm of possibility to do XY in a laboratory setting, may I recall.
Also ask the Jewish community in the UK about the promotion of xenophobia and racism, you will find they mention the Guardian a lot more than the Daily Mail.
Ohhh.... I feel we are getting in "Criticism of MUH ISRAEL" territory here. Scary.
Well, I'm following Robert Fisk on that subject. He's with the Indy, generally.
Official UK Secrets from a US three-letter agency communicated by a (possibly ex) US citizen?
1) Take 0.8 cm drill
2) Drill hole into plaster wall
3) Put 32 GiB flash memory with data in there, safely encased in a bit of tinfoil and epoxy
4) Plaster over
6) Yes, m'ylod we no longer have no files
Right. Call the PFY, the work's sorted for today. We are heading for the pub.
Do you really want to flatten Berlin AGAIN?
"Volatile memory should not be considered erased until 24 hours without power has passed".
Clearly the procedures have not been updated since core memory was phased out.
You may note that there still is this "multiple pass secure hard disk erasure" from FIPS something that is making the rounds, and which is not only outdated but based on myth too.
I rather fancy their chances of reading your emails than the other way round, for instance.
Hmmm..... arguing that one has the bigger means of being a bully does not speak for competency much.
> Instead of being proud of being native and upholding high quality standards.
Or bankrupt. Yeah, leftist dreams of "MUH PROTECTIONIST COUNTRY WILL WIN AGAINST EVIL CAPITALISTS"
> produce in China?... then STAY in China! And keep your crap there!
This has been written on a 2500 GBP modem sourced from a British Supplier. Or maybe not.
I hear France Télécom does the same thing, at least in some cases. Unless workers stressed out by privatization choose to defenestrate themselves.
There is a difference though. In one case the radioactive material is a dusting or soil contaminant that you do not necessarily want to get into your lungs or generally into your body (can that happen easily? I dunno)
> There's nothing patentable about what adult film stars do
Oh yeah? Don't give the lawyers any ideas. They might come up with something.
For a company that has redefined the cloud industry through the public pricing of storage and compute, paired with voluminous public FAQ documents, to complain about this transparency advantaging competitors is a bit wrong-headed, we suggest.
Surely not as this is a "private bid", quite probably lathered with peculiarly-priced special sauce, bespoke developments, some judiciously placed cut corners and maybe a rebate or two on some items to get the market. Now IBM can re-evaluate its bid and rejiggle stuff, make more promises on X and Y, suddenly find that "prices unexpectedly can be corrected in favour of the customer" etc. and likely will reduce the overall IBM discount (which they can apply because of the IBM name, natch) The fact that they are changing to "softlayers" (whatever that is) says as much.
Hmm... this success makes me hungy!
I'm sure the phones are ringing off the hooks in representative's offices and fat bills are being generated (then put under IBM's "contract-generating expenses") in excellent restaurants of Washington D.C.
it's legitimate to pretend that you are not a dog - but the moment you yank your chain you will come under legislation for "real" activities
I found this item of interest recently, btw:
The FATCA legislation attempts to combat bank privacy on many levels and for many reasons including the American state’s desire for more effective tax collecting. According to U.S. tax law, every American taxpayer is obligated to fill out tax forms and pay taxes for their income attained not only on U.S. soil but overseas as well. The Internal Revenue Service (IRS) does not distinguish where the taxpayer lives, since U.S. taxation is based on either residency or citizenship. Therefore America remains one of the two states worldwide that tax their non-residing citizens. The other is Eritrea, a country not known for an exemplary human rights record.
Funny how military forces always have tons of time to shoot to death random protestors but don't have any power to guard points of interest. Except maybe oil ministries.
Instead you deal suppliers who are keen to protect their reputation and provide good service.
My free-market heart is ok with that!
> bailing out failing countries
It's just the banking system that failed. The countries were all right. No bailouts were needed either. Iceland got back on its feet by itself. The southern state-handout-and-devaluation-addicted guys just moaned and bitched while rolling on the ground though. A pox on them.
They use Tide detergent as currency too, so why not?
As has been widely reported recently [beginning of 2012], an unlikely crime wave has rapidly spread throughout the United States and has taken local law-enforcement officials by surprise. The theft of Tide liquid laundry detergent is pandemic throughout cities in the United States. One individual alone stole $25,000 worth of Tide detergent during a 15-month crime spree, and large retailers are taking special security measures to protect their inventories of Tide. For example, CVS is locking down Tide alongside commonly stolen items like flu medications. Liquid Tide retails for $10–$20 per bottle and sells on the black market for $5–$10. Individual bottles of Tide bear no serial numbers, making them impossible to track. So some enterprising thieves operate as arbitrageurs buying at the black-market price and reselling to the stores, presumably at the wholesale price. Even more puzzling is the fact that no other brand of detergent has been targeted.
What gives here? This is just another confirmation of Menger's insight that the market responds to the absence of sound money by monetizing highly salable commodities. It is clear that Tide has emerged as a subsidiary local currency for black-market, especially drug, transactions — but for legal transactions in low-income areas as well. Indeed police report that Tide is being exchanged for heroin and methamphetamine and that drug dealers possess inventories of the commodity that they are also willing to sell. But why is laundry detergent being employed as money, and why Tide in particular?
Of course, the one problem with taxing Bitcoin is that it's often impossible to work out how much any one person owns.
It's not like it's possible to figure out "how much one owns" in that stupid monopoly money infesting the Eurozone either, right?
Yeah, thanks Keynes.
> Arrogant prick.
I shall not invoke The Mustachioed One Who Shall Not Be Named, but "prick" does not cut it. We are far into leather coat territory here.
Zuck removal happened immediately afterwards.