Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
×

Comment Re:Tail wags dog (Score 1) 311

Not really - there are many arguments for applications of tariffs, but the best one in this case would be the "terms of trade argument" for a tariff. The US is a large economy, which means it can set tariffs that affect world price. Now, we know that tariffs do distort production and consumption, creating social costs. However, for a sufficiently small tariff, the gains from improved terms of trade can outweigh the efficiency loss. The key is to find the optimum tariff rate.

Comment Re:No good hard drives left (Score 1) 156

Comment Re:Great... (Score 2) 252

Private military contractors are not mercenaries. If they were, they would be called mercenaries. In reality they can't be used to do anything other than DEFEND things.

There are many private interests in Iraq that need protection. There are legal and logistical problems involved in defending them.

So unless you want US forces defending every company building both infrastructure and retail, then private security forces are a helpful addition.

They are literally security guards for high risk targets. THAT IS IT. They cannot legally accept anything other than security contract. They will be booted from the country if they accept anything else. So it is not only legally the only contracts they can accept, but financially the only ones which make sense.

Using companies like Blackwater/Xe is cost efficient over a short-term period (as was demonstrated by using Executive Outcomes in Angola/Sierra Leone). Over a long-term, it is much more efficient to use the US (insert nation) army forces.

Comment Re:Judges from the 20th century have to go (Score 4, Insightful) 356

Also as to the judge's understanding:
"'You and others who attempt to hack really must understand how serious this is, the creation of that risk the extent of that risk and the cost of putting things right.' "

As others have said - the risk was there whether or not the kid hacked in. He didn't create the risk.

Comment Re:Judges from the 20th century have to go (Score 3, Interesting) 356

From the article:
"Judge McCreath told him
'This was not just fiddling about in the business records of some tiny business of no great importance and you acquired a great deal of sensitive and confidential information to which you were simply not entitled.'"
I think we can pretty clearly see where the judge's opinion lies.

Slashdot Top Deals

Work is the crab grass in the lawn of life. -- Schulz

Working...