Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
×

Comment Re:Wow, (Score 0) 1079

I think you are missing something else there. If Bob won't sell you a widget until you do something stupid then, if you had any balls, you would find someone else to sell it to you. It's certainly within your capability and sovereign right to do so. It's considered fact that USSR and PRC have done their fare share of stealing technology.

And this also means you, as a sovereign nation, can decide that following some lame IP law preventing someone else from making it without coercion can and should be ignored. IP is actually one of the most damaging things anyone has come up with since the pointed stick. If ideas were truly free, then we might actually be able to be creative, progressive, and productive. But since you have to have a license to think in this country it's not likely that much will get done.

Up to this point in history, no nation has yet been regime changed for ignoring something like DMCA or IP laws. The only reason any nation follows these is by choice.

Comment Re:Department of Orwellian Reasoning (Score 1) 630

Their were Economists who identified this coming depression. They are called the Austrian Economists and they were consistently calling for this downturn to happen effective 2000.

But there are no Austrian Economists working for the Federal Reserve or Treasury department. The Austrians have long ago proven that the Fed and Treasury generate these Business Cycles because of the Fed's manipulation of the economy. (The Myster of Banking by Murry Rothbard who holds a Nobel for Economics)

It has also been well established by Rothbard, Hazlitt, Mises, Bastiat, and Hayek that the government regulation and manipulation hinders economic and social growth. Ayn Rand and particularly Atlas Shrugged identifies a philosophy of Objectivism which essentialy calls for self responsibility and accountability rather than welfare, hand-outs, bail-outs.

Not sure they are all zealots and crazies over there. At least they have a clue.

Comment Re:Department of Orwellian Reasoning (Score 2, Informative) 630

The Canadian Exchange rate has shifted from about 1.8 to 1.1. In the same time the wage rates in the US have remained the same.

If it costs me $100 USD to manufacture a chair in the US, the comparative cost for a Canadian to purchase that chair has changed from $180 to $110 Canadian. That's a nice discount.

If the Canadian cost to manufacture that same chair is $130 Canadian you have shifted the Chair industry from a Canada to US trade to a US to Canada Trade.

And we currently have all these things in effect this last year. Wages have not changed but the dollar is very weak. And that is how we will eventually compete with Mexico and China.

Price Decline. Costs are continually declining because manufacture is always more efficient. That's the result of competition. But this is balanced against inflation and so Prices remain stable. Computer costs have fallen faster than inflation can accommodate but food has risen with inflation.

Who benefits from Inflation?

Those who owe debt. The Government.

Comment Re:Department of Orwellian Reasoning (Score 1) 630

Conservation of Energy implies that you cannot create Energy. That it is a zero sum game.

Economics is not a zero sum game.

You can allow people to retire from physical labor early if the economy will support it. The means to do this is to allow them to apply their money in a manner that continues to create wealth for them and others. That's what a bank does.

You seem to think that Economics belongs in the physical sciences. It does not. It belongs in the softer sciences because it depends on Human Interaction to exist.

This kind of thinking leads you to believe you can engineer a society that will work perfectly because the numbers say so. Marx tried that. Hoover tried that.

Comment Re:Department of Orwellian Reasoning (Score 3, Insightful) 630

Currently the United States does not recognize the Gold or Silver elements (Au, Ag) as legal tender. However if you were to resort to a pure cash (Federal Reserve Notes) in your pocket over bank check money in your account (no ATM, Credit Card, Check) this would put a massive strain on the banks resulting in a national bank run and federal reserve collapse.

Unfortunately, if everyone in the nation decided on 12/1/2009 to go to their local banks and start withdrawing all their money in cash two things would happen:

  • Bank Holidays would be called for and prevent banks from collapse, thanks to the Federal Reserve System.
  • Be prepared to personally defend your assets with extreme prejudice. Meaning, home theft will become out of control as people attempt to prey on their neighbors. Buy a shotgun.

This may sound extreme. But hypothetically, if this was done for only a couple of days and then everyone returned their money to the banks a week later it would be sufficient to show how truly fraudulent the economy has been since 1971 when we left the gold standard, allowing fractional reserve banking to run without any controls.

There's good reason for returning to a gold standard. It's impossible to defraud the citizens if they have a money that has both exchange value and commodity value. The dollar today has no commodity value (it's paper) but allegedly holds exchange value. The exchange value is only as good as those willing to use it. Confederate money (1860-1870's) isn't used much for money exchange because there's no faith in it.

Comment Re:Department of Orwellian Reasoning (Score 5, Interesting) 630

If you want to understand why the are protesting then I suggest you read "The Mystery of Banking" by Murray Rothbard, "America's Great Depression" by Murray Rothbard. There are dozens of other great books and articles available at mises.org.

Fundamentally what G-20 is doing is coordinating their monetary inflation policies so that they can monetize their debts on pace with each other. If they did not then countries would be at risk of financial collapse. They have no intention of doing anything to actually solve the problem with global economy.

Rather than allowing the required process of price decline, wage decline, and general financial depression they are pumping inflation into the game to artificially keep prices high so no one notices the prices are changing. This is price control. But salaries effective buying power is plummeting. Need proof? Check the price of hard commodities like Gold, Silver, and even Mac & Cheese (up 14% in 2 months).

The G-20 is trying to coordinate all of this so that everyone's effective buying power falls in unison to help stabilize prices and trade.

Left to our own devices, the US would become a export nation because of falling wages. But first we need the industrial infrastructure to do this -- which we have largely lost over the last 50 years. Which means we probably won't really recover during most of our lifetimes.

Comment Re:Fuck you, this is about EVERYBODY (Score 1) 594

Not everybody is involved in making cars.

Not everybody wants to spend their money on cars right now. What if we wanted to buy houses instead? We can't because you stole our money from us under the guise of For the Public Good

This is the argument of a socialist.

In 1929 the US Government decided to follow the social and economic ideologies of the new and seemingly highly successful communist nation of USSR. So how's that Communist society been working out for them? Compared to the United States Free Market? Certainly a case of Less Bad.

Comment Re:What they should have offered (Score 1) 594

It's a stupid idea.

The government is stealing money from my paycheck to give it away to provide artificial life support to a sick industry.

I have less resources to work with in investment and consumer spending on goods that are of value without a $4500 discount.

Money is given to companies that have proven themselves, by the fact that they are bankrupt, incapable of operating in an efficient manner. This lessens their motivation to develop effective change.

Everyone buying a car is assuming more debt. Not something we need to take on right now.

Every car purchased now is a lost opportunity to purchase a car later, stealing future sales from these companies that they are trying to help.

Comment Re:Not sure if it is stimulating the US car market (Score 1) 594

You are missing the bigger point here. It doesn't matter who gets the money. The damage being created is huge. Forcing consumer spending and debt prolongs the depression making recovery decades longer and more miserable.

This is the exact kind of measures that were practiced by the Keynesians and Socialists in the 1930's and we are facing the same affects. Auto Industry will lift for 3 months and then crash again in 2010 as this spending spree wears off. This will result in more unemployment and bankruptcy and a continuation of the general doubt in the economy able to perform correctly.

Until all the markets are allowed to clear themselves through unemployment, bankruptcy, wage rate adjustments, and inventory reduction (including toxic asset real estate) there will be no recovery beyond what can be provided by repeated injections of stimulation from the government.

You can't drink yourself sober.

Comment Austrian Economics says "Boo!" (Score 1) 594

I'm sure that many are very proud of themselves because the government was so inefficient in determining how to run this program that they ran out of money in a week. Had anyone sat down for a few minutes they would have known that the number is easily closer to 4 million cars to sell under this program.

But the Austrian Economists are screaming at this program because of the distortions is applies to the economy. No one is saving money by doing this, they are going into debt, albeit at a discount. And all this money is coming from some other sector of the market that will now suffer a multi-billion dollar loss. Resulting in more industry crisis and bailouts as we chase down the Forgotten Man and try to provide reparations.

This is yet another horrible idea pushed out by horrible government who have short sighted views of not what is best for the economy and this nation but what is best for them to get re-elected in the next couple of years.

Without removing the Federal Reserve, Fractional Reserve Banking, and returning to the Gold Standard we simply must repeat these boom/bust cycles until the currency collapses and everyone loses all of their wealth. At least those who fail to convert to harder assets or assets in another country.

Comment A La Carte would be bad (Score 1) 334

Problem with A La Carte is that the bottom lines always ends up with more dollars spent per channel then you do under the bundles. And you can expect all your favorite channels to hit prime fees while NPR withers a dies.

You might not like NPR, but what will happen eventually is the programs will become even more ratings driven then they are today. Which means the really bad things that have happened ABC, CBS, NBC will be propogated throughout the rest of the channels. Which also means they will converge into the same mindless one liner drivel that they all do with no attempt to market specialization but market capture by shooting for the Least Common Denominator (drinking, sex, hot rods).

TV will fade away as a good idea gone bad and webcasting will form the new media, with commercials, lots of them.

Under webcasting they can do tiered pricing on how many commercials you want to pay not to see. Which can also get really expensive.

Public Library. Good stuff.

Comment It's a trap? (Score 1) 133

So let me get this straight. They want the best hackers in the country to walk right up to their front door and say, "here I am".

Over the last 10 years the tone has been if you even express knowledge in this area, let alone demonstrate capabilities, they do everything possible to lock you up. Considering the erratic and back-stabbing behavior of the current administration I can't imagine that this will be a good career move.

Even if it is a great move and they pay you big bucks, you can probably never leave. If you quit, then you are out of their control. But now they know who you are.

Either way, unless you make this a lifetime commitment, you are screwed.

Comment Re:... lol. (Score 1) 609

You have to understand that for the nearly 90 years this has been a Welfare/Warfare state. It's been a great recipe for centralization of power into the government starting with the New Deal and World War One.

With the evil commies, terrorists, nuclear radical states the government has a clear excuse to listen in on it's civilians, oppress freedom of speech (Sedition Act). Through the cause of keeping you secure they can do anything up to putting you in a bubble wrapped box for your own good because presumable you don't know what's good for you.

How many people, if put on a plane over run by terrorists with box cutters, wouldn't opt to just over run them and kill them in a suicide rush rather than be killed in a targeted attack? What might happen today if someone sitting next to you decided to light their shoe?

But we aren't capable of protecting ourselves like we have in the past. The government, with all their inefficiencies and PAC groups will always do so much better. Same with the economy. That's the idea behind the Welfare/Warfare State.

Comment Re:Um, what? (Score 1) 492

I admire the creativity to see and pull all these bits together into a single piece. Particularly when all of these people were doing something individually.

It's not the future of music or the future of entertainment. But it's a wonderfully creative picture of how people can watch 8-12 videos and orchestrate them into bits 'n pieces that form a complete piece.

For what he did here, I think it's great! It's not a replacement to anything as it's completely reliant on people making music like they always have. But it's a very creative extension of The Jam.

Sci-Fi

Submission + - Prelude to Caves of Steel 1

tacocat writes: "The NY Times has an article today that reminded me of the Caves of Steel described in the Isaac Asimov's booke about Danieel Olivaw.

The city plans to close several blocks of Broadway to vehicle traffic through Times Square and Herald Square, an experiment that would turn swaths of the Great White Way into pedestrian malls and continue Mayor Michael R. Bloomberg's effort to reduce traffic congestion in Midtown.

Eventually, according to Isaac, we will be removing all the vehicles and replacing them with those airport conveyor strips and wrapping the city in a giant dome to control the weather. Just how much insight did this man have?"

Slashdot Top Deals

Trying to be happy is like trying to build a machine for which the only specification is that it should run noiselessly.

Working...