Re: That IPO is going to do nothing but drive a lot of customers away...
> Yet, with the ramp up to IPO, I have been noticing a series of changes
I have too. I'm on LinkedIn, but very reluctantly. I will jump ship very quickly if they start messing about. Facebook could crush them if you were allowed to make different Personas on Facebook. If I could make a Work persona that was visible to my Work contacts, that would be great. Right now, it is impossible to "friend" my co-workers, because I don't want them knowing every little thing about me.
> but they actually do a nice job explaining how bubbles
> form, even though "rational economists" suggest it
> shouldn't be possible.
The housing bubble is easy to explain. We have a free market for everything except money. The fed set the "price" of money by setting the interest rate. To prop the economy up after the dot com bubble, Greenspan set the interest rate too low, which created too much money. This money eventually found its way into housing, which caused huge price inflation (more money chasing limited resources = inflation).
This wouldn't be a problem because free markets are self correcting. Idiots are weeded out because they go broke. However, because Bush and Obama bailed out all these bankers and bondholders, they created a huge moral hazard. Why should these companies be careful with their money if their mistakes will be paid for with taxpayer bailouts?
Bubbles will continue to be created for these two reasons: 1) the Federal Reserve controlling the money supply through interest rates, and 2) the government bailing out firms that make bad decisions. You get rid of both (hell, either), then bubbles are much less likely.
> especially a tax that can be seen as regressive, like a sales tax.
I always thought sales taxes were progressive, at least more progressive than income tax. Income tax taxes all my money, including money I would have used to pay down debt or invest.
How many times have videos by students showing a teacher yelling or grabbing a student been put on Youtube. Of course, they don't show the students egging the teacher on for 15 minutes before they get the perfect 15-second "gotcha" clip. I can understand why cops don't want to be videoed, because it will encourage people to fuck with them until they snap.
"Hey look, I got all my taxes back! Finally, no more theft by taxation. Oh wait, the sewers are backed up and the road in front of my house is full of potholes. Hey guys, why don't we get together, pool our money, and get someone to provide services to us at a reasonable cost. Thank god we got rid of the government so we'd have money to do this."
> But at least with control communications mediums in the
> hands of Corporate America or in the hands of a private
> citizen there is a chance (however small) that we might
> find out about violations of our rights.
This is crazy. Private citizens or companies have no requirement to hand over information. Governments MUST. This is the main reason I argue that some things must be kept in government hands (like healthcare), because it is the only way to find corruption and do something about it. But, of course, I'm from Canada.
I hate it when people rag on Google. They are a revolutionary company. I think people just take Google Maps, Google Streetview, Google Images, Google Translate, Google Books, Google Sketchup, Google Docs, Android, etc. for granted. I have never, in my life, had access to so many useful programs for free. Monopolistic companies like Microsoft and Apple are the problem. Google is the solution. Google just has to make game consoles and the revolution is complete.
God, I sound like such a screaming fanboy, its embarrassing.
> We should be moving to distributed creation of energy
The economies of scale are the only way to feed and power the population. If everyone had to grow their own food or create their own energy, we'd be dead in a month.
The RCMP is Canada's national police force. Most large cities have their own police force. The RCMP are notorious for being incompetent, at best, and corrupt, at worst. Here are some greatest hits for the RCMP:
-Blew up a building in Alberta to try and "flush out" Weibo Ludwig who they suspected of being an eco-terrorist.
-Claimed that Ian Bush and an officer were struggling for his gun when Ian was shot ... in the _back_ of the head.
-Tasering Robert Dziekański to death.
-Arrested Jason Nixon for killing a horse on the word of a crack addict who was just trying to get the $25K reward. Of course, Jason was eventaully found totally innocent.
Thanks for clarifying. So most of my points above were right, but I forgot that Sony is run by retarded serial killers and, as a collective whole down to the last janitor, engages in bestiality.
Seriously. We get it. You'll never buy Sony again. You feel as if they broke into your house and killed your dog. You have spent the last 3 days rocking in a corner because you can't believe people still buy Sony stuff. Some hacker might know your name, so you're having problems sleeping at night and need anti-depressants. Oh, and by the way, games just haven't been the same since Dr. Mario.
Don't forget to keep those posts, so you can just change the company name when someone else gets hacked or screws up. I'm looking forward to your exasperated rage again.
That stupid movie did more to reverse any strides sensible copyright proponents had made than anything else. What did those twins say when they found Zuckerberg had created TheFaceBook?
"He stole our idea!"
This is probably the shortest statement in existence with the most misconceptions.
I call bullsh!t. The idiot parents who think "food dyes" are causing their kids hyperactivity are the same morons who give their 6-year-old Coke and a handful of jelly beans. Ya, it is the "food dye", not the 4 cups of sugar and 700 mg of caffeine, that is making your kids hyper.
On the post: Don't Try To Make Sense Of LinkedIn Share Price
Re: That IPO is going to do nothing but drive a lot of customers away...
I have too. I'm on LinkedIn, but very reluctantly. I will jump ship very quickly if they start messing about. Facebook could crush them if you were allowed to make different Personas on Facebook. If I could make a Work persona that was visible to my Work contacts, that would be great. Right now, it is impossible to "friend" my co-workers, because I don't want them knowing every little thing about me.
On the post: Don't Try To Make Sense Of LinkedIn Share Price
Bubbles ...
> form, even though "rational economists" suggest it
> shouldn't be possible.
The housing bubble is easy to explain. We have a free market for everything except money. The fed set the "price" of money by setting the interest rate. To prop the economy up after the dot com bubble, Greenspan set the interest rate too low, which created too much money. This money eventually found its way into housing, which caused huge price inflation (more money chasing limited resources = inflation).
This wouldn't be a problem because free markets are self correcting. Idiots are weeded out because they go broke. However, because Bush and Obama bailed out all these bankers and bondholders, they created a huge moral hazard. Why should these companies be careful with their money if their mistakes will be paid for with taxpayer bailouts?
Bubbles will continue to be created for these two reasons: 1) the Federal Reserve controlling the money supply through interest rates, and 2) the government bailing out firms that make bad decisions. You get rid of both (hell, either), then bubbles are much less likely.
On the post: Bezos: Attempts To Collect State Sales Tax On Amazon Sales Is Unconstitutional
regressive?
I always thought sales taxes were progressive, at least more progressive than income tax. Income tax taxes all my money, including money I would have used to pay down debt or invest.
On the post: Doing A Google Search For 'Blonde' A Firable Offense For High School Teacher
Re: Re: Re: Do onto others as they do onto you...
Only in right-to-work states. Otherwise, the employer _has_ to hire union employees.
On the post: Police Claim That Allowing People To Film Them In Public Creates 'Chilling Effects'
Re: How to Find Balance
How many times have videos by students showing a teacher yelling or grabbing a student been put on Youtube. Of course, they don't show the students egging the teacher on for 15 minutes before they get the perfect 15-second "gotcha" clip. I can understand why cops don't want to be videoed, because it will encourage people to fuck with them until they snap.
On the post: Bill Clinton Thinks The Internet Needs A Taxpayer Funded Ministry Of Truth
Re: Re: Jeez
"Hey look, I got all my taxes back! Finally, no more theft by taxation. Oh wait, the sewers are backed up and the road in front of my house is full of potholes. Hey guys, why don't we get together, pool our money, and get someone to provide services to us at a reasonable cost. Thank god we got rid of the government so we'd have money to do this."
On the post: 'Concerned Citizen' Critic Of Muni Cable System Now Admits He Works For Time Warner Cable
Re: Not sure what to say
> hands of Corporate America or in the hands of a private
> citizen there is a chance (however small) that we might
> find out about violations of our rights.
This is crazy. Private citizens or companies have no requirement to hand over information. Governments MUST. This is the main reason I argue that some things must be kept in government hands (like healthcare), because it is the only way to find corruption and do something about it. But, of course, I'm from Canada.
On the post: Facebook Caught Hiring PR Firm To Smear And Attack Google
Re: Re: Poisoned Kool-Aid
God, I sound like such a screaming fanboy, its embarrassing.
On the post: DailyDirt: Placing Bets On Alternative Energy Technologies...
Re:
The economies of scale are the only way to feed and power the population. If everyone had to grow their own food or create their own energy, we'd be dead in a month.
On the post: Movie Studios Got Canadian Police To Arrest Movie Cammers As A Personal Favor
RCMP
-Blew up a building in Alberta to try and "flush out" Weibo Ludwig who they suspected of being an eco-terrorist.
-Claimed that Ian Bush and an officer were struggling for his gun when Ian was shot ... in the _back_ of the head.
-Tasering Robert Dziekański to death.
-Arrested Jason Nixon for killing a horse on the word of a crack addict who was just trying to get the $25K reward. Of course, Jason was eventaully found totally innocent.
On the post: Things Get Worse And Worse For Sony As Another Massive Data Breach Detected
Re: Re: This piling on is ridiculous
On the post: Things Get Worse And Worse For Sony As Another Massive Data Breach Detected
This piling on is ridiculous
Don't forget to keep those posts, so you can just change the company name when someone else gets hacked or screws up. I'm looking forward to your exasperated rage again.
On the post: Is It Rude To Link To Someone Without First Asking Permission?
Re:
James: Actually, Joseph, a lot of people have asked me if they can republish/link/quote the article and I've agreed each time.
Mike: I have never heard it argued that it is common courtesy to ask permission to link to or quote a story. Where have you heard that?
James: Mike, most people who link or quote my content ask my permission beforehand.
Then you try to claim "it's abundantly clear [quoting is] what I was referring". Nice try.
On the post: Sony Admits That Playstation Hacker Got Tons Of Info, Including Passwords
Re: Sony has a game console?!
And paying $60/year to do it. Thanks, I'll take free online and the occasional screw-up instead.
On the post: How Does Guinness Figure Out The World's Most Prolific Blogger?
Re: Yeah, Mike...
On the post: Yet Another Study Shows That Students Inherently Know That File Sharing Is Not Theft
Re: erm...
On the post: Even With A Very Leaky Paywall, Noticeable Decline In NY Times Traffic
Re: Typical Misinformation
I agree. The revenue from all those subcribers will make them Thousandaires!
On the post: Even With A Very Leaky Paywall, Noticeable Decline In NY Times Traffic
Re:
> for the rest of the year
Been done. Three words:
Slate versus Salon.
On the post: Winklevi Won't Give Up; Appealing The Ruling That They Have To Accept 'Just' $160 Million
Re:
"He stole our idea!"
This is probably the shortest statement in existence with the most misconceptions.
On the post: How Much Does Color Impact Taste?
Re: Re:
I call bullsh!t. The idiot parents who think "food dyes" are causing their kids hyperactivity are the same morons who give their 6-year-old Coke and a handful of jelly beans. Ya, it is the "food dye", not the 4 cups of sugar and 700 mg of caffeine, that is making your kids hyper.
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