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Comment Holder wants US tech companies to commit suicide (Score 3, Insightful) 575

In an international free market, if US companies are seen to succumb to this pressure, open source and foreign companies will come along and sell items that (they claim( don't have the back doors. Either the US can shut up about this, or it can lose its companies...

Comment Personal arms have never actually worked (Score 3, Insightful) 126

In reality the Feds have overwhelmed every constitutional principle that they've found irritating, and the armed uprising has never happened. But it's a nice fantasy that keeps a few people quiet - because they KNOW they can do something about it when... at which point they will just be mown down in a hail of bullets.

Comment Interesting and challenging, thanks (Score 1) 517

I guess the question that springs to mind is whether that covers ALL network costs, including the high voltage lines from the power station to the sub station. I'm also wondering whether the rural nature of your area doesn't provide a degree of latency and resilience that may be more absent in an urban environment. But I'm guessing there. But yes, you do make an interesting point; thanks.

I guess the other question about costings is about baseload; the issues are spelt out here:

http://www.economist.com/news/...

not quite sure how that translates to the western side of the Pond.

Comment Which PROVES they are making excess profits? (Score 1) 517

The fact that the UK's gas and electricity prices are among the cheaper in the EU is a hint that there's not a lot of price gouging going on, as does the relative failure of the cooperative buying efforts local authorities have organised. Of course it's attractive to blame the providers when price rises happen, and there IS a suggestion that they don't lower prices as rapidly as they might when wholesale prices fall. but I'm less than convinced that the CEGB and the regional electricity boards would have been any better.Yes Labour got itself a nice little bounce at the polls by proposing a price freeze when in its manifesto for the next election; the most probable effect of that is that all the companies increase their prices beforehand

Comment Oh dear - money grows on trees... (Score 5, Insightful) 517

Utilities are boring because they do a simple job which generates small but predictable profits. Therefore investors put their money into them in the expectation that they will remain boring.

When a new development comes along that destroys their business model, one of two things will happen; they will increase their prices, or they will go out of business. Note that 'the government taking them over' is a subset of 'they will increase their prices'. The service that they provide; a reliable baseload supply and a safe network to distribute electricity HAVE TO BE PAID FOR. At the moment those costs are hidden in the average cost of a kWh. If private solar power reduces the average demand some of the time, the average cost of a kWh will have to be increased, or the other features be recognised and paid for.

Ladies and gentlemen, there is no such thing as a free lunch, despite politicians pretending otherwise for several thousand years.

Comment Netflix / Google's argument is surely valid (Score 3, Insightful) 109

The purpose of the BROADCAST regulator derives, historically, from the limited number of channels available on TV, so it was argued that there was a public interest in controlling who put what on the air. The internet is surely more like the press, where there are no such limitations, so there is no justification for regulation. That the broadcast regulator is trying to butt into internet activities does seem like mission creep - always popular with the regulators as generating more jobs for their people, and with politicians who gain some leverage over the media. NOT good for freedom of speech however...

Comment Expropriation Nationalisation (Score 1) 88

Expropriation is the theft of a company by the state with no compensation - or as a result of a court order in connection with something else. Nationalisation is the state taking ownership but paying the owners a fair price for the assets. There is obviously a spectrum here; many Asian owned businesses in East Africa in the 60s and 70s were 'nationalised', but the price was paid in government bonds in an non-convertible currency that promptly inflated to zero value.

In the Western context, the process of nationalisation is essentially the same as compulsory purchase of land with a similar expectation of fair value paid. To do otherwise does constitute the state stealing the asset, and would probably constitute a post facto law; this, of course is why we have constitutions...

Comment So what else does the ban on post-facto laws mean? (Score 1) 88

In extremis. Of course you are right that laws change all the time, but at some level the constitutional principle has some significance. Certainly whole scale expropriation without compensation of things owned by corporations would be illegitimate. The issue is where to draw the line; the challenge is to resist being totally dogmatic in both directions!

Comment Corporations are belong to people = have rights (Score 1) 88

Because people have the right, under law, to create corporations and benefit from them, they inherit much the same right to act in the interest of those people as those people have. [Yes, this has probably been over-extended in the Supreme Court case that lets them do political donations to their hearts' content]. However the core idea in the organisation of a society is that laws lock in rights and expectations; if I set up an organisation with certain rights, then I have to right to expect to see those right protected.

Specifically if I invest money in a corporation with certain rights, I have the right to expect to see those rights not tampered with. What you are proposed is to overthrow that principle - technically this constitutes a breach of the constraint on the Congress not to pass a 'post facto' law - see section 9 of the US constitution, Whilst you may regret this situation, to assert that the situation can be reversed is not legitimate.

Comment It doesn't OWE the taxes (Score 2) 88

It may be argued to have a moral duty to pay them, but 'owe' implies a legal obligation. The reality is that corporate lobbyists have created some loop holes that the corporations are legally using to avoid paying what they don't have to pay. However unless you forgo ALL the tax claw backs you are eligible for, it is questionable if you have a right to criticise Google.

Submission + - Washington DC to return to automatic metro trains

Bruce66423 writes: http://www.washingtonpost.com/... After a crash some five years ago, automatic operation was abandoned. Now however replacement of 'faulty' modules means that moving the whole system on to automatic operation can happen.

One quote is depressing: 'And because trains regularly lurch to a halt a few feet short of where they should be at platforms, Metrorail riders have grown accustomed to hearing an announcement while they’re waiting to board: “Stand clear. Train moving forward.” WTF. That never happens on the London underground with human operators? What's wrong with American drivers?

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