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Comment Dear US law makers (Score 2) 126

Your jurisdiction, unlike the traffic of the internet, is limited to your own country. And the countries you control. Which is a lot, I give you that, but by no stretch whatsoever it's all.

Also: Money trumps laws. Twice so if corporations are involved. If $evil_bastard_country wants to throw money at whoever sells them $supersecret_technology, corporations will not obey your law, they will race against each other to find the loophole. Which usually ends in the tech involved being developed abroad by those suspicious foreigners and then sold to the $evil_bastard_country.

The net effect for the US of such a ban is a loss of jobs, loss of knowledge and most of all valuable IT security information in the hands of whatever foreign country was smart enough not to be as stupid as you are, putting shackles on your own ITSEC industry.

Comment Re:Consumer Price Index (Score 0) 1094

The USA economy in 1995 was much more sound than the economy today or what will be in 2020. It was not an economy that lived in permanent state of constant inflation (0% interest rates and money printing out of the government wazoo). The degeneration of the economy over that time period (actually since 1913, when the IRS and Fed were created, 1917, when the Fed was allowed to monetize government debt, 1971, when Nixon defaulted on the dollar and inflation totally took off) caused mass migration of productivity from the USA to other parts of the world. The service sector jobs that we are talking about here (and make no mistake, minimum wage jobs are service sector jobs, jobs that do not directly produce economic output that can be exported to pay for the imported produced goods from other countries) are not paying as much as they paid in 1995 because these service sector jobs cannot afford to pay that.

In USA there should be a REDUCTION of minimum wage, not increase of minimum wage, but more importantly there should be reduction in government spending altogether, reduction in government, reduction of taxes collected from any work done by anybody, reduction of any payouts to anybody on any government promises. Basically USA government needs to let go of its death grip on the economy and let it restructure. This includes abolition of government services, removal of government participation in business and labour altogether and this means no more minimum wage. What USA government is doing is the exact opposite of what the USA economy needs. This is what I mean when I say 'economic illiteracy', it's prevalent, it's all permeating, it's devastating and there is no easy fix.

Comment Who needed it? (Score 2) 70

Seriously. NetUSB? On a router? WHY the devil would I want that?

But lemme guess: It was cheap to add, it was a feature that we can tack onto the "look, shiny!" list of things the router can do and people simply count down the "features" of a router whether they need them or even know what the fuck they are.

Meanwhile, it becomes near impossible to buy a router that is JUST THAT. A router. And in case you're wondering "hey, why would you want that when you can have $feature on top of it for FREE?", look no further than this exploit. Without the useless gadget that netUSB is, this exploit would not exist!

Comment Re:Consumer Price Index (Score 1) 1094

Aah, no, as a producer I disagree that customer generates the market for a new product. We are building a number of new products here today and some of what we are building does not have a market, we are hoping to create the market for it, just like iPads created a market that did not exist, just like production of kerosene created market for lighting with kerosene that did not exist, just like cars and trucks created market where before the role of the vehicles was carried out by horses and other forms of transport. Somebody steps in with their investment to create the market that did not exist because the item that is being created does not exist.

There is currently no gigantic market for yachts because they are very expensive. IF you can create a yacht and sell it at 10,000USD you will create a gigantic market for yachts that did not exist because the product was not in existence.

If you come up with a way to build a personal space vehicle and make it only as expensive as a car or so you will create a gigantic market that did not exist.

Of-course for all of this there have to be savings taken out of somebody's bank account first, spent to produce thing thing, which means hiring people (creating jobs, not because you want to create jobs, because you want to make money on selling into your new market), buying stuff from suppliers, renting some space, managing everything, marketing, advertising, selling, even going through the regulatory labyrinth and making sure you can actually offer your product to any potential customers, that's what investment is, that's what 'trickle down' economics actually are - using savings to produce and then allowing more economy to be generated around your production.

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