Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
×

Comment Re:A natural reaction to Faux News i think (Score 4, Insightful) 181

Fox News was established to give the Conservative (actually pro-corporate) point of view without fact checking. It's not an accident that this shift started 30 years ago, when the media was deregulated by the Reagan administration. It used to be that TV and radio companies (being totally dependent on the government regulation of their bandwidth via the FCC) would be obligated to provide the news as a public service even if it ran at a loss. It was allowed to become corporatized to turn a profit, at the expense of credibility.

Comment Re:Prediction: There will be heavier restrictions. (Score 1) 333

They may get their funding from members and donations, but their policy and leadership is set by the minority that side with gun manufacturers. Example: most NRA members (75%) support sensible gun control whereas the lobbying arm will score against legislators that propose and vote for them (http://www.usnews.com/news/articles/2013/01/28/strong-majority-of-americans-nra-members-back-gun-control)

Comment Re:A bunch of spineless wimps... (Score 1) 213

You are right that there are other options, but Oracle has enough income that they can undercut all these offerings when they see a potential client using a competitor. If they can sell your product at a loss to cannibalize the competitor's profits, it is functionally a monopoly.

Comment Re:A bunch of spineless wimps... (Score 1) 213

With his company in a near monopoly position, he has incentive to funnel company profits into stock buybacks rather than investing in real growth. The options he has will increase in price, and the shares the company buys from the open market can be set aside to replenish his options that he cashes in. This is only a problem for companies that have grown so large they have no real competition to challenge their profits.

Comment Re:"I'll sue you.......in ENGLAND" (Score 4, Insightful) 289

In our current system, a third party will only tilt the favor against the mainstream party that is the exact opposite politically. A liberal third party would split the vote with the Democrats and put a Republican in power. The modern tea party has the better successful model. You don't enter the general election, you have to work through an existing party and come up in the primary.

Comment Re:Sure, to lower paying jobs (Score 1) 674

The money goes to the owner of the business who invested in that machine, to the engineers who spent their time designing and building it and to the shareholders in the form of profits. Alternatively this allows a lower cost of product in which case it goes nowhere, except not out of the consumers pocket. This is why in real terms the cost products can fall.

The profit in developing, buying, and maintaining these machines is factored in to the 4 Luddite cost of the machine in this example. Let's also recognize that this remaining Luddite doesn't have the skills of the previous 10, and is probably only being paid at a fraction of the rate.

Slashdot Top Deals

It is better to live rich than to die rich. -- Samuel Johnson

Working...