Debt repayment by PCS will not be inflationary. Starting new spending is inflationary.
Bullshit.
Even if we ignore the complex -- and I suspect fundamentally specious -- arguments about how debt repayment won't be inflationary, it will cause new spending. Magically retiring all of the existing debt will erase any incentive for Congress to even pretend to ensure tax revenues meet expenditures. Why bother, when they can keep wallowing in pork and just rely on more magical PCS hacking to erase their debts?
I think the argument that debt repayment won't be inflationary is crap, too, but anyone with a brain has to see that it will stoke the furnace of new spending, guaranteed.
Where Americans seem to think in a "reasonable doubt" methodology from our courts
Actually, accidents are handled in civil court, so it's a "preponderance of the evidence" methodology.
paying the kids their allowance (which is funny, because they mostly give it back to me and tell me to deposit it into their bank account, for which they have ATM cards
I just do an account-to-account transfer to pay allowance.
This sounds so gimp like. Like a teen at school trying to get in with the popular set. Or Dobby from Harry Potter.
It's just pragmatism. For every programmer competent to work on the kernel there are a thousand wannabes, so some vetting process is required. In companies, this is done via resumes and interviews -- and then generally by giving new software engineers projects of low importance so you can vet their work before trusting them with stuff that could break the business. Same thing, just a different context.
When hundreds of millions of users and embedded devices run your code
I think your estimate is an order of magnitude too low.
Seriously, if as an enthusiast I submitted a patch that broke user space and got a beat down from Linus I'd be a bit sad.
As an "enthusiast" your userspace-breaking patch would never have made it to Linus. It would have had to go through the maintainer of its respective subsystem -- and perhaps more than one -- who would have caught the problem and told you to fix it. Likely much more nicely.
What happened here was a senior, experienced submitter did something really dumb, and it was a huge problem because he was sufficiently trusted not to do such dumb things that there was no one watching closely enough to catch it. Linus doesn't have enough hours in the day to thoroughly review everything that comes through, he has to make judgment calls based on the degree of trust he has in the source. Mauro let him down in a big way, then compounded it by trying to make excuses for it.
Nope. Linus has been Linus his whole life. This "story" isn't anything new. Oddly enough, Linux keeps marching onward, with plenty of contributors who are both volunteers and paid by various corporations to contribute work.
It's more than that.
Linux powers tens if not hundreds of billions of dollars worth of systems. It's unbelievably huge, and it's almost inconceivable that all of the megacorporations whose business depends so deeply on it didn't snatch control of the whole thing away from the lone kid who started it as a hobby project long ago. I mean, who would have predicted that even after it had become so important, Linux would still be maintained by the one guy who started it, rather than some joint committee of top-tier OS engineers -- probably dominated by IBM?
Not only is that not what's happened, but as far as I can see none of those megacorps even try to tell Linus what to do. They submit patches, humbly formatted and refactored into the form Linus wants, and they butter him up with conference tickets, free hardware and the like, and they even compete for the right to pay him a salary.
Why is that? Because whatever anyone says about him, his style, his attitude, his people skills or even his code... the results are fantastic. Linux not only works very well, it does so across an amazing variety of hardware platforms, and the design -- and Linus' good taste and fanatical attention to detail -- have proven to be able to support virtually any new idea that's worth implementing.
Love Linus or hate him... don't mess it up. Luckily, Linus is an egotistical bastard who doesn't care what anyone thinks anyway, so mere words aren't likely to change anything.
For that matter, unless they can find ways to dramatically increase the bandwidth, I don't want in-flight Internet to become cheap either. Please keep it expensive enough that most people will choose not to use it, so it'll be fast enough for those of us who are trying to get work done. Or maybe introduce tiered pricing so that those who need the higher speeds can get it.
You're thinking of this supreme court case: http://www.nytimes.com/2005/06/28/politics/28scotus.html?_r=0
Among others, yes.
except capital gains pile up quicker than dividends and capital gains rate is much lower than one you pay on dividends
The GGP was proposing to tax retained earnings as income, so I thought it was obvious that to have the same effect you'd need to tax capital gains as income. Actually, they're taxed as income now, if they're short-term gains.
"Suggesting no corporate taxation is not the same as suggesting no taxation."
True. But suggesting corporations do not benefit from the services supplied by government, and therefore have no obligation to help pay for them, is ridiculous. That's the implication of advocating no corporate taxation.
You apparently failed to read beyond the first line of my post.
Top Ten Things Overheard At The ANSI C Draft Committee Meetings: (5) All right, who's the wiseguy who stuck this trigraph stuff in here?