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Comment Science Fiction for an 8-yr old (Score 2) 726

8 is a little young for most kids to appreciate hard science fiction, so I would stick to the softer stuff. Here are a few softer stories I enjoyed at that age:

The Pern books by Anne McCaffrey
The Zero Stone by Andre Norton
Startide Rising by David Brin (I think I was 10 when I read this one, but the concept of dolphins piloting starships blew my mind...some sexual content, though)

Comment Re:Be Sure to Clarify to Him/Her... (Score 1) 254

You are 100% right, aztracker1. Copyright is no longer an incentive for artists to produce content. Bands make money off of concerts, the labels take all the money from music sales. I think we are eventually going to see a switch from centralized music production to distributed patronage. http://www.pledgemusic.com/ allows content creators to get interested people to pledge their support for an album. If (and only if) the goal is reached, credit cards are charged and the artist begins creating their album. When its done, everyone who pledged gets a copy of the album. If we can keep crap legislation from doing too much harm, the industry will adapt and the idea of copyright will go the way of the horse drawn carriage.

Comment Re:Brought to you by: (Score 1) 412

Well said, dgatwood. It's a shame our elected politicians are more willing to fund wars than take care of the poor and elderly.

Unfortunately, social security and medicare are headed for bankruptcy. Our politicians have promised things that can't be delivered to future retirees. An economist has a short power point on US Government Debt at this location: http://www.antolin-davies.com/conventionalwisdom/governmentdebt.pdf

The Congressional Budget Office has been using misleading accounting practices to justify partisan legislation. Surplus social security funds have gone to wars and bailouts. When social security can no longer meet current obligations with current income, the US will be in the same boat as Greece and Italy.

Comment Re:They're NOT opposed to SOPA (Score 1) 231

McGrew, believe it or not, I do know about the Environmental Protection Agency, the Food and Drug Administration, and the Occupational Safety and Health Administration. During the time they have existed, the areas under their purview have improved greatly in America. But assuming these agencies are the direct cause of the improvements is a logical fallacy (the fallacy of false cause).

These regulatory agencies came about because of popular opinion. The people cared about these issues enough to do something. Had regulatory agencies not been created, the courts would have created a solution. Common law systems are slow to react to changes, so it wouldn't have happened overnight. But the end result would have been companies self-regulating and more power resting with the people.

You claim that the existence of the EPA proves that courts were not sufficient to prevent pollution. I don't believe it. You accuse me of being illogical, but your arguments are based on emotion and construe temporal nearness as proof of causality. Society is constantly evolving. When enough people care about an issue, change will happen with or without heavy-handed Government intervention.

I'm sorry your grandfather was killed by his employer's negligence. The courts failed your grandmother if they didn't nail the company for having an unsafe workplace. But I don't believe their failure means that courts can't do the job. Look at the ACLU and its use of the court system to champion free speech. A non-profit organization could have done the work of OSHA just as effectively. Someone just needs to have a landmark case to set the precedent that employers are responsible for safety.

As a final note, I trust rich businessmen more than I trust Government bureaucrats. You think corporations are powerful? Only so long as their customers are satisfied. Henry Royce (co-founded of Rolls-Royce) built cars for the rich and died a man of modest means. Henry Ford built cars for the people and died a wealthy man. Free markets are democracy in action. You get to vote every time you buy something. Businessmen are rewarded or punished by the will of the people every day. What keeps bureaucrats in line? If their boss's boss's boss is appointed by someone who is elected by popular vote, what does that mean to them? I don't like that the people Congress delegated its power of regulation are immune to the consequences of their action. If you distrust businessmen (who are motivated by profits), then why do you trust bureaucrats (who are motivated by power)?

Comment Re:They're NOT opposed to SOPA (Score 1) 231

The Government does not protect people from rich corporations. Politicians trade their votes for favors from large companies. I work at a company that receives large earmarks from senators on a regular basis, so I am always surprised when people get up on a soapbox and preach how the government is the only thing preventing corporations from taking over everything.

Regulatory agencies serve the interests of those they regulate, not the general public. Did you know that hair stylists are licensed? They have to go to an approved "school" such as Philip Pelusi. And who lobbied for these regulations? Philip Pelusi. Wait a minute....

The reason people want limited government is because the institution is too easy to corrupt. Keep the Govt weak and people with money can't buy the votes they need. As for the environment, we don't need heavy regulation. All we need is a court system that recognizes property rights. If the plant down the street puts toxic waste into the environment, let everyone within a hundred miles sue the pants off of them. They will stop polluting.

Don't assume proponents of limited government are ignorant just because you disagree with their position. There are more tools to fix society's problems than just more regulation . . . when the only tool you have is a hammer, everything looks like a nail.

Comment Re:US is the problem (Score 2) 314

Maximizing profit is what every business should be doing. In a competitive market, individual companies seeking profit maximization increases consumer power. The problem faced by consumers of media is copyright law - a Government regulation that originated with good intentions before being captured by the music and film industries. Capitalism looks nothing like these two industries. If you disagree with that statement, I suggest you read some of Milton Friedman's work (or watch his Donohue interview on YouTube if you just want a quick overview). The reason that copyright holders are not selling their product through as many channels as possible is that the opportunity cost is too high - every dollar spent providing a consumer with product is a dollar less than can spend lobbying for more regulations.

Comment Re:Credit card fees (Score 1) 187

Visa & Mastercard have no risk whatsoever when you swipe your card. They process credit card transactions, but they do not provide the money. That comes from the bank or financial institute that provided your card (Chase / BofA / Capital One / etc).

Cards like Discover & American Express do have the risk that a cardholder won't pay their debt, but they get plenty of money from bad cardholders in terms of fees, penalties, and high interest rates.

Actually, the biggest risk to credit cads is lawsuits by vendors, cardholders, & lending institutions. That's why Visa had to do an IPO a few years back (symbol V).

Comment Re:Credit card fees (Score 1) 187

Sometimes an oligopoly is the healthiest outcome for a market - for buyers as well as sellers. Telecoms, energy companies, and credit processors have major investments in infrastructure that let them offer the service they do. It isn't always possible to have thousands of companies competing to serve every market.

But that's OK, because Game Theory demonstrates that Oligopolies cannot collude and keep prices significantly higher than their true market value for any length of time. Basically, whenever prices are held artificially high, any company in the Oligopoly that "cheats" and lowers its prices will steal customers from its competitors.

The real problem with credit cards is not their market structure, but the fact that costs are not visible to the customer.

Comment Re:I mostly agree! But let's soften it a little. (Score 1) 483

The stock market is functioning exactly as it should. It is a *market* that brings together people who want to buy and sell ownership shares of public companies. That's it's entire purpose and stocks are trading just fine. The reason the market exists in the first place is companies need a way to raise capital besides incurring debt. There is the implicit promise of dividends, even for companies like Dell that claim they will never declare one. Most investors also hope to make a return on their investment through capital gains, but this is not guaranteed. Owning stock is not a game of hot potato - there is no arbitrary end point. It also is not a gamble. If you make bad investments, you might be holding a company's stock (e.g. GM) when it fails. But chances are pretty good that your average investment (especially if you use mutual funds) will be close to market returns. Public sentiment is against stock ownership at the moment because overall market prices are down following a long period of over-valuation. Unfortunately, the bubble always has to burst. Just the way it is. Give it 5 years and everyone will be back on the wagon....

Comment Re:Missing something (Score 1) 441

Networking is the best way to go. But you can get an interview based solely on a good resume / cover letter. But you have to really sell yourself. Make sure your resume is formatted good, has no typos, highlights the right things (internships, big school projects), and doesn't duplicate the same buzz-word bullshit that everyone else applying for the job is saying about themselves ("self-starter", "team-player", etc). Good luck.

Comment Re:Timeline (Score 1) 578

You are basing an awful lot off of the phenomenon of deja vu. I once read a psychology article that gave a very simple explanation for deja vu. It involved an experience being directly stored into long term memory at the same time that it was being loaded into short term memory. And voila, when you compare your current experience to your memory, the two match exactly. I am not opposed to the idea of time travel, but your particular brand of it seems based more on mysticism than scientific understanding.

Comment Re:Hell yes I can blame them. (Score 4, Informative) 347

While taxpayer funds are being used in the "bailout", this is not free money. There are a few strings attached related to executive compensation and raising dividend rates on common stock. And also, it is not free money. The bailout is closer to being a loan than a gift. (Actually the bailout is the government purchases preferred stock at a specified price that pays a nice interest rate - 5% initially but this later raises to 9%.) I personally disagree with Government intervention in the market, but the bailout has been misrepresented in the press. It is not free money and the taxpayers are not out 700 Billion dollars.

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