Comment Re:Honestly (Score 1) 667
Yea, it's safer under your mattress.
Yea, it's safer under your mattress.
That cannot be more incorrect. The banks that got clobbered by derivative and other debt trading in the '08 crunch disappeared almost 3 Trillion dollars from wealth management accounts. That's retirement accounts, trusts, and life savings. Someone once said, "A billion here, a billion there and pretty soon you are talking about real money."
By the way: the excuse that big banks give you conveniently placed ATM machines is bunk. I have an E-Trade account and they reimburse all ATM fees no matter how high. I never have to search for a particular bank and the fee is automatically returned. You can't beat that.
There is NO REASON to do business with a big bank.
I last had a B of A account when I was 19. They had the highest credit card rates of any major bank in the country. I shopped around for a day and found a bank with an interest rate 7 points lower than theirs. I moved accounts and a few years later found a credit union with a rate 3 pts lower than the new bank. So I cut my rate from 19.8 to 9.9 just by not being too lazy to shop around. For some reason however, 19 out of 20 people I tell this story to have ump-teen superficial reasons why switching banks would be too much trouble. The truth of it is, they are complacent and lazy.
There shouldn't be even a single person complaining about the bank bailouts or Wall Street who still has an account with these money pimps. If you do business with them, you are an enabler and partially responsible for the bank meltdown of '08.
The thing that irritates me is all of this nonsense about him being a great "American innovator." Hasn't it been more than a decade since he built ANYTHING in America? He was a great innovator of Chinese products.
I participated in an interesting Ubuntu forum discussion about a data corruption in the ext4 file system and Canonical's decision to deploy the OS despite some misgivings of some of its engineers. I gave a link where bug chasers trying to build the final release suggested that they install ext3 as default since there were some unresolved bugs allegedly in ext4 when transferring large files. One engineer took over responsibility of the bug and said it was not conclusive enough to change their plans.
It was very obvious that the priority was sticking to the schedule and the published feature set at all costs. You can find the post here: http://forum.nginx.org/read.php?26,18172
The reference cited contains the entire text from which the excerpt was taken. I think it gives a clear example of why these problems persist. Canonical won't be accused of vaporware like Microsoft is when it is late delivering RTM versions. What it is being accused of is far worse I think and may have a long term cost. Especially if this is not a one time thing.
Real Programmers don't eat quiche. They eat Twinkies and Szechwan food.