Remember that prices only go up when adding money to the system if there are no additional products for that money to chase. Since most of the world has handled this pandemic better than we have and we import a large number of products, there are still plenty of items for our money to buy. Indeed, the expected inflation rate for this year was ~2.2% as of mid-April but, as of the end of last month, the actual rolling 12-month inflation rate was ~1.2%. That's why the federal reserve hasn't balked at printing money, they could probably create another $10 trillion or so without pushing the inflation rate up another full percent.
The real questions we need to be asking are, after this is all said and done if the government can safely spend this much money into existence, why does the wealthiest nation on Earth not have healthcare, free at the point of service, for all of its citizens? Or, why does this wealthy nation still have so many impoverished citizens?
OK, I'll answer your questions. The United States has a sovereign floating currency backed by the "full faith and credit" of the United States government. This means that the US government can, and does, simply print new US dollars into existence. As for why they bother to collect taxes when they can just print money into existence. Have you heard of inflation? Federal taxation effectively destroys some of that printed money reducing supply and staving off inflation (or at least keeping it under control).
In emergencies like the one we're in right now, it's safe to create a ton of money (in this case trillions of dollars) because otherwise, we'd see deflation caused by a lack of spending in the economy.
The next question that most people ask concerns government debt but, that has another simple fix. The government could easily clear all of its debts by printing money. They don't for two reasons. The first is simply inflation. The second is that government debt is a very safe method for saving amounts of money that are too large to be placed in a bank account. Since the FDIC only insures accounts up to $250,000 any entity with more than that needs to have a place to safely put that money. The government simply provides a place to store that money.
There are further explanations for other parts of this but, I am not an economist. This Twitter thread was written by an economist who was fed up with people who don't understand modern economics speaking as though they do and explaining everything from the top down. If you give it a read you'll understand where the money for government spending comes from.
In that case, Lemonade needs to file a suit in Germany to invalidate DT's trademark in the financial services market. Based on this article, I think they've already filed that suit it's just that their similar suit in France has finished first.
This should make businesses in other fields where DT holds trademarks but doesn't actually compete, think that they may actually be able to win a case. Like Lemonade said, this is just the beginning.
That's not definitely true. For example, I have a spare phone sitting on my desk. If I were to give that phone to my hypothetical child, then I would hold the contract for its service but, I would no longer own the device itself.
Secondly, school's are allowed to act "ex loco parentis" or in the place of the parents of their students. If the kid had pressed the matter though, they might have called in his parents just to cover themselves.
As much as I'd like to jump in attacking the AC there, the comments section on every YouTube video would be Google's current public chat/forums. They are certainly protected by Section 230. Honestly, the videos on YouTube themselves, since they're made by independent creators, qualify for protection.
Lastly, there are a number of reasons that it would be incredibly difficult for a competitor to YouTube to appear (don't forget that Google tried to roll their own in a service called Google Video before they bought YouTube) but, Section 230 isn't one of them.
Winner take all for a single state isn't the problem (the Constitution explicitly allows States to decide how they apportion their Electoral Votes) but, the fact that we stopped enlarging the House (and therefore the Electoral College) to match increases in population almost a century ago is causing these problems.
Also, someone forked that particular copy of the code to its own repo and I (among others) have forked that repository. The youtube-dl code is spreading quite a bit around GitHub now. I've even seen it posted to Twitter as a pair of encoded images that can be decoded with a few commands listed in the same tweet.
Chevron (formed from Standard Oil of Kentucky and Standard Oil of California), ExxonMobil (formed from Standard Oil of New York and Standard Oil of New Jersey), BP (British Petroleum acquired Standard Oil of Indiana [renamed Amoco] and The Standard Oil Company [Ohio]), and lastly Marathon (simply renamed from The Ohio Oil Company).
In some industries, yeah you would be liable. For example, FINRA doesn't allow for the use of testimonials in advertising for financial services. If a financial advisor has a FaceBook profile and someone posts something like, "This guy helped me make such great returns I retired early!" FINRA will come down on that advisor like a ton of bricks. Given the size of the potential fines, I'm surprised that I haven't seen any advisors try to argue that section 230 protects them from liability.
I've had this discussion with someone else before but, I believe that the three-fifths compromise removed more power from the slave states than it provided. The way I see it, the slave states wanted to count their slaves as full people in order to gain more representation in the House. The free states wanted to only count free people which would have greatly reduced the slave states' power. The compromise was multiplying the number of non-free people by 60% which provided the slave states' with some power based on their number of slaves but not all that they wanted.
Concerning the Senate, while I haven't looked too closely at it, I was always taught that its design was to protect sparsely populated agricultural states from being overridden by the more populated industrial states. I do understand that the Venn diagram of 18th Century American agricultural states and slave states is roughly circular.
After reading about this device, it appears that this device is only accessible over Bluetooth not the internet. That limits the damage that can be caused by this attack since you can't just get a bot-net to search for these devices and lock them all. If anything, the lack of actual internet connectivity seems to be an answer to the "don't connect things to the internet that don't need to be connected to the internet" crowd.
Re: And GOOGLE does this every day, by simply OMITTING
Once again, the difference between Google and the People's Republic of China is that one is a limited liability company wholly owned by a corporation and the other is a sovereign state with the ability to jail those who disagree with it. Do I need to tell you which is which?
Re: If you have to lie to defend your argument/position/bill...
I don't know about the EU but, the United States even already has a system that something like your registry could be based on, it's the Library of Congress. We could require all copyright registrants to submit a version of their material to the LoC and increase the funding of the LoC so that they're able to keep up with the workload. If we were to also require that changes in registration status (sales of rights) require registration too, that would make it easier to contact everyone who needs contacting when someone wants to pay for a license for a copywritten work.
The problem with fixing Congress is that, if Democrats get control of both houses and the Presidency starting in January, they'll likely need to further break the Senate (abolish the filibuster completely) to undo the damage that Trump has done to the nation at large. Unless they keep control of both houses after the 2022 mid-terms, they won't have a chance to un-break it before Republicans possibly take control back and use its brokenness to their own advantage.
Fortunately, the FDA just announced that they were increasing scrutiny on any COVID-19 vaccine. They had to be hammered by the press to make it happen but, it happened.
The problem with your solution is that subscribers don't see the ads. No one who is subscribed to a Twitch channel gets pre-rolls, mid-rolls, or even streamer triggered ads on the channels they're subscribed to. Unfortunately, we may need to find another way to hit Twitch in the wallet.
On the post: New COVID Bill Includes Billions To Shore Up Broadband Access. But...
Re: Re: XMAS Pork Barrel
Remember that prices only go up when adding money to the system if there are no additional products for that money to chase. Since most of the world has handled this pandemic better than we have and we import a large number of products, there are still plenty of items for our money to buy. Indeed, the expected inflation rate for this year was ~2.2% as of mid-April but, as of the end of last month, the actual rolling 12-month inflation rate was ~1.2%. That's why the federal reserve hasn't balked at printing money, they could probably create another $10 trillion or so without pushing the inflation rate up another full percent.
The real questions we need to be asking are, after this is all said and done if the government can safely spend this much money into existence, why does the wealthiest nation on Earth not have healthcare, free at the point of service, for all of its citizens? Or, why does this wealthy nation still have so many impoverished citizens?
On the post: New COVID Bill Includes Billions To Shore Up Broadband Access. But...
Re: XMAS Pork Barrel
OK, I'll answer your questions. The United States has a sovereign floating currency backed by the "full faith and credit" of the United States government. This means that the US government can, and does, simply print new US dollars into existence. As for why they bother to collect taxes when they can just print money into existence. Have you heard of inflation? Federal taxation effectively destroys some of that printed money reducing supply and staving off inflation (or at least keeping it under control).
In emergencies like the one we're in right now, it's safe to create a ton of money (in this case trillions of dollars) because otherwise, we'd see deflation caused by a lack of spending in the economy.
The next question that most people ask concerns government debt but, that has another simple fix. The government could easily clear all of its debts by printing money. They don't for two reasons. The first is simply inflation. The second is that government debt is a very safe method for saving amounts of money that are too large to be placed in a bank account. Since the FDIC only insures accounts up to $250,000 any entity with more than that needs to have a place to safely put that money. The government simply provides a place to store that money.
There are further explanations for other parts of this but, I am not an economist. This Twitter thread was written by an economist who was fed up with people who don't understand modern economics speaking as though they do and explaining everything from the top down. If you give it a read you'll understand where the money for government spending comes from.
On the post: Lemonade Beats Deutsche Telekom In French Court Over Use Of The Color Magenta
Re: Re: Re:
In that case, Lemonade needs to file a suit in Germany to invalidate DT's trademark in the financial services market. Based on this article, I think they've already filed that suit it's just that their similar suit in France has finished first.
On the post: Lemonade Beats Deutsche Telekom In French Court Over Use Of The Color Magenta
Re: Re: Wrong target
This should make businesses in other fields where DT holds trademarks but doesn't actually compete, think that they may actually be able to win a case. Like Lemonade said, this is just the beginning.
On the post: Schools Are Using Phone-Cracking Tech To Access The Contents Of Students' Devices
Re:
That's not definitely true. For example, I have a spare phone sitting on my desk. If I were to give that phone to my hypothetical child, then I would hold the contract for its service but, I would no longer own the device itself.
Secondly, school's are allowed to act "ex loco parentis" or in the place of the parents of their students. If the kid had pressed the matter though, they might have called in his parents just to cover themselves.
On the post: USA Today Publishes Yet Another Bogus OpEd Against 230, Completely Misrepresents The Law
Re: Re:
As much as I'd like to jump in attacking the AC there, the comments section on every YouTube video would be Google's current public chat/forums. They are certainly protected by Section 230. Honestly, the videos on YouTube themselves, since they're made by independent creators, qualify for protection.
Lastly, there are a number of reasons that it would be incredibly difficult for a competitor to YouTube to appear (don't forget that Google tried to roll their own in a service called Google Video before they bought YouTube) but, Section 230 isn't one of them.
On the post: USA Today Publishes Yet Another Bogus OpEd Against 230, Completely Misrepresents The Law
Re: Re: Re: Re: Corporations begin and exist only by PERMISSION
Spam is not only unwanted commercial speech, the term also includes unwanted speech of all persuasions (for example, trolling).
On the post: Another Section 230 Reform Bill: Dangerous Algorithms Bill Threatens Speech
Re:
You joke but, this bill explicitly exempts search results or simple sorting (alphabetical, chronological, etc.) from the list of algorithms it covers.
On the post: FCC Ignores The Courts, Finalizes Facts-Optional Repeal Of Net Neutrality
Re: Re:
Winner take all for a single state isn't the problem (the Constitution explicitly allows States to decide how they apportion their Electoral Votes) but, the fact that we stopped enlarging the House (and therefore the Electoral College) to match increases in population almost a century ago is causing these problems.
On the post: RIAA Tosses Bogus Claim At Github To Get Video Downloading Software Removed
Re:
Also, someone forked that particular copy of the code to its own repo and I (among others) have forked that repository. The youtube-dl code is spreading quite a bit around GitHub now. I've even seen it posted to Twitter as a pair of encoded images that can be decoded with a few commands listed in the same tweet.
On the post: Bill Barr's Google 'Antitrust Inquiry' Is A Weaponized Farce
Re: Why?
Standard Oil is still at least four separate companies.
Chevron (formed from Standard Oil of Kentucky and Standard Oil of California), ExxonMobil (formed from Standard Oil of New York and Standard Oil of New Jersey), BP (British Petroleum acquired Standard Oil of Indiana [renamed Amoco] and The Standard Oil Company [Ohio]), and lastly Marathon (simply renamed from The Ohio Oil Company).
On the post: Section 230 Basics: There Is No Such Thing As A Publisher-Or-Platform Distinction
Re:
In some industries, yeah you would be liable. For example, FINRA doesn't allow for the use of testimonials in advertising for financial services. If a financial advisor has a FaceBook profile and someone posts something like, "This guy helped me make such great returns I retired early!" FINRA will come down on that advisor like a ton of bricks. Given the size of the potential fines, I'm surprised that I haven't seen any advisors try to argue that section 230 protects them from liability.
On the post: As COVID Highlights U.S. Broadband Failures, State Bans On Community Broadband Look Dumber Than Ever
Re: Re: Re: Corporatocracy trumps democracy
I've had this discussion with someone else before but, I believe that the three-fifths compromise removed more power from the slave states than it provided. The way I see it, the slave states wanted to count their slaves as full people in order to gain more representation in the House. The free states wanted to only count free people which would have greatly reduced the slave states' power. The compromise was multiplying the number of non-free people by 60% which provided the slave states' with some power based on their number of slaves but not all that they wanted.
Concerning the Senate, while I haven't looked too closely at it, I was always taught that its design was to protect sparsely populated agricultural states from being overridden by the more populated industrial states. I do understand that the Venn diagram of 18th Century American agricultural states and slave states is roughly circular.
On the post: Internet Of Broken Things Jumps The Shark With IoT Chastity Penis Lock That Can Be Hacked
Some Confusion
After reading about this device, it appears that this device is only accessible over Bluetooth not the internet. That limits the damage that can be caused by this attack since you can't just get a bot-net to search for these devices and lock them all. If anything, the lack of actual internet connectivity seems to be an answer to the "don't connect things to the internet that don't need to be connected to the internet" crowd.
On the post: Federal Judge Ridiculously Says That Holding A Sign Telling People Cops Are Ahead Is Not Free Speech
Re: Re: Authoritarian much?
Get half the House followed by two-thirds of the Senate to impeach him.
On the post: China Micro-Censors The VP Debate In The Most Hamfisted Way
Re: And GOOGLE does this every day, by simply OMITTING
Once again, the difference between Google and the People's Republic of China is that one is a limited liability company wholly owned by a corporation and the other is a sovereign state with the ability to jail those who disagree with it. Do I need to tell you which is which?
On the post: Germany Drops Idea Of 'Pre-Flagging' Legal Uploads, Which Could Have Stopped EU Copyright Filters Blocking Memes, Parodies, Quotes And Creative Commons Material
Re: If you have to lie to defend your argument/position/bill...
I don't know about the EU but, the United States even already has a system that something like your registry could be based on, it's the Library of Congress. We could require all copyright registrants to submit a version of their material to the LoC and increase the funding of the LoC so that they're able to keep up with the workload. If we were to also require that changes in registration status (sales of rights) require registration too, that would make it easier to contact everyone who needs contacting when someone wants to pay for a license for a copywritten work.
On the post: Authors Of CDA 230 Do Some Serious 230 Mythbusting In Response To Comments Submitted To The FCC
Re: Re:
The problem with fixing Congress is that, if Democrats get control of both houses and the Presidency starting in January, they'll likely need to further break the Senate (abolish the filibuster completely) to undo the damage that Trump has done to the nation at large. Unless they keep control of both houses after the 2022 mid-terms, they won't have a chance to un-break it before Republicans possibly take control back and use its brokenness to their own advantage.
On the post: DOJ Releases Its List Of 'Anarchy' Jurisdictions The President Thinks Should Be Blocked From Receiving Federal Funds
Re: Re: Re: Re:
Fortunately, the FDA just announced that they were increasing scrutiny on any COVID-19 vaccine. They had to be hammered by the press to make it happen but, it happened.
On the post: Twitch Experiments With Intrusive Ads That Piss Off Its Most Important Asset, Its Talent
Re:
The problem with your solution is that subscribers don't see the ads. No one who is subscribed to a Twitch channel gets pre-rolls, mid-rolls, or even streamer triggered ads on the channels they're subscribed to. Unfortunately, we may need to find another way to hit Twitch in the wallet.
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