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Mars

Submission + - Studies show life may exist without oxygen (msn.com) 1

mayberry42 writes:

Scientists have found Earth's oldest fossils in Australia and say their microscopic discovery is convincing evidence that cells and bacteria were able to thrive in an oxygen-free world more than 3.4 billion years ago. The finding suggests early life was sulphur-based — living off and metabolizing sulphur rather than oxygen for energy — and supports the idea that similar life forms could exist on other planets where oxygen levels are low or non-existent.

While the (news) title may have been a bit sensationalistic, it's still exciting to know that life could exist in a very different environment that what we previously believed.

Comment Re:And the others..? (Score 2) 591

On the contrary, I'm one of the most capitalist people you'll ever meet. Capitalism is about improving the product and increasing benefits for everyone involved through voluntary trade (voluntary being the key word here). What's going on here is NOT a form of competitive, voluntary market, but rather one group of people forcing others to stop their work for their own personal reasons. This is not capitalism; not by a long shot.

Comment Re:And the others..? (Score 2) 591

Strange: my family made it pretty well without the need of unions to force and coerce people to do their own bidding (by, you know, actually working competitively). Furthermore, I could agree with you that, in the start, unions did serve a positive purpose. Yet the conditions and situation back then were far worse than they are now, and their demands typically involved improvements in safety - fair enough. Yet over the years, unions have become cartels to force companies to do their own bidding at the cost of everyone else (do you really think that NYC transit workers make that little? MBTA workers in Boston typically made 40-50k/year - more than what I made working in finance and actually graduating from college). Also, don't be so naive to think that unions are there to help us: they only help themselves at your cost - i've seen it happen every single time. And not to sound condescending (in all seriousness): go read Economics in One Lesson by Henry Hazlitt.

Comment And the others..? (Score 2, Interesting) 591

What really pisses me off about union workers is how selfish they are, when they claim to be otherwise - it's become a cartel. Did the (incredibly foul-mouthed) union worker think of the families of the other two drivers? Of course not - all that matters is their own well being and screw the rest of the company / people. I recall working for a top university not too long ago and I was supposed to get a new desk placed for me from an office next door. I offered to do it myself when my boss told me not to touch it, as there was a union guy in charge of that. Turns out that, had i moved the desk myself, we could have faced some serious fines for "taking away his job".

Here's another example: instead of getting fired, teachers are getting paid to do jack shit waiting their union "trial" to make sure they really should be fired. At times, this could take years - that's right, years that teachers are getting paid full salary for doing nothing (I actually think they created a parody of this in Futurama).

Or how in 2005(?) Union workers halted NYC public transportation, significantly affecting the entire economy. My brother was right: all they care about is increasing their share of the pie, not the total size. And people wonder why I'm so anti-union.

mod me troll if you like, i don't care.

Comment Re:S&P has zero credibility (Score 1) 1239

Paul Krugman wrote:

On the other hand, it’s hard to think of anyone less qualified to pass judgment on America than the rating agencies. The people who rated subprime-backed securities are now declaring that they are the judges of fiscal policy? Really?

He certainly had no problem with their ratings when they were rated AAA, why should he now? But then again he's the guy who insists on an 8 - 10 Trillion USD stimulus plan to "save" the economy. God forbid he understands the concept of fiscal responsibility - I wouldn't trust that man's opinions with a nickel.

Submission + - S&P Downgrades U.S. Credit Rating (cnn.com)

mayberry42 writes: Fresh after China's Dongang downgrading of the U.S. debt quality, the United States has suffered another hit: S&P downgraded America's debt from AAA to AA+. Fitch and Moody's retained their AAA rating, albeit with a "negative" outlook.
China

Submission + - U.S. Credit Rating Downgraded by China's Dagong (economist.com)

mayberry42 writes: While the United States (arguably) managed to survive the catastrophe with a credit downgrade of the "Big Three" — and possible default on debt — it has not been so lucky abroad. The Economist reports that China's Dagong credit agency nevertheless downgraded the U.S.'s credit from A+ to A. The important question now is, how much impact will this have, especially since China is U.S.'s largest bond holder.

Comment Re:Inflation (Score 1) 696

Also, it resolves the housing crisis, which would be great for helping the economy overall.

Oh really, and how would printing money help? The housing prices were far to high and increasing at an unsustainable pace for it to go on; it was a bubble that had to be burst (as all bubbles do). And no, pet projects trying to keep the prices artificially high (that is, higher than what the market thinks its worth) does NOT help your situation at all. It's just throwing good money after bad.

Comment Re:Inflation (Score 1) 696

It's the best solution to our problems, unfortunately. Defaulting rather than devaluing spreads the pain rather unfairly. Devaluing hits all debt holders equally percentage wise.

Also, it resolves the housing crisis, which would be great for helping the economy overall.

That's not quite true. The rich and more educated typically either have far greater access to inflation-prevention measures (i.e. buying gold en mass, forex etc) and/or the know-how to do so. Contrariwise, the very poor and uneducated (which often happen to be blacks and hispanics) are utterly and entirely screwed. Not to mention the inflation will drive up prices of exports, making the US less competitive on the global market. Believe me - inflation is not the way to go. But then again, the assumption that the government will act responsibly (fiscally or otherwise) is probably just wishful thinking...

Submission + - US in Peace Talks with Taliban (bbc.co.uk)

mayberry42 writes:

Afghan President Hamid Karzai says his government and the United States are negotiating with Taliban fighters to bring peace to the country. It is the first official acknowledgment of such talks to end the decade-long war through negotiation.


Comment .... Quest (Score 1) 480

King's Quest and Space Quest have always been on the list of my favourite game series, the latter of which, as an added bonus, is filled with humour (PG-13 i believe).

Some may tell you that they're too hard, especially the first games of the series (keep in mind that point and click didn't come until KQ5, so everything is typed). While that may be true, my response to that is that it gives you an added chance of bonding with your daughter by working with her (they grow up fast at that age). Some of my best memories of childhood involved my dad and I getting through King's Quest together...

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