Comment yay for politicians... (Score 1) 512
Until Pluto can save the Economy, talking about whether it's a planet or not during these times is the last thing Illinois or the federal government needs discuss.
Until Pluto can save the Economy, talking about whether it's a planet or not during these times is the last thing Illinois or the federal government needs discuss.
For one thing, I have seen more productivity coming from a mainframe based application than web or Client/Server based software. If you have two applications requiring the same input, 99% of the time, a system coded in say CICS will dominate user input much faster than the latter. Also when you factor in reliability, security, raw I/O speed and general processing power, mainframes can't be beat.
FTA: "The reason that ratings agencies and investors felt so safe with the triple-A tranches was that they believed there was no way hundreds of homeowners would all default on their loans at the same time."
The problem wasn't that the Triple A accounts were defaulting rather Moody's and other companies were stamping these ratings while they were combined with Triple B and other more riskier loans. All it took is several loans to fail while rotting the entire bushel and therefore the Investor is stuck with securities that have no value.
UNIX was not designed to stop you from doing stupid things, because that would also stop you from doing clever things. -- Doug Gwyn