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Crime

Anti-Game-Violence Legislator Arrested, Faces Gun Trafficking Charges 234

Several readers sent word that California State Senator Leland Yee was arrested today. He's accused of conspiring to traffic guns and commit wire fraud, to defraud citizens of honest services, and bribery. The complant (PDF) also names 25 other defendants. Yee is known for pushing legislation that would ban the sale of violent video games to minors. "Federal prosecutors also allege Yee agreed to perform official acts in exchange for the money, including one instance in which he introduced a businessman to state legislators who had significant influence over pending medical marijuana legislation. In exchange, the businessman -- who was actually an undercover FBI agent -- agreed to donate thousands to Yee's campaign fund, according to the indictment. The indictment also describes an August 2013 exchange in which [former school board president Keith Jackson] told an undercover officer that Yee had an arms trafficking contact. Jackson allegedly said Yee could facilitate a meeting for a donation."

Comment Re:Existing programs (Score 2) 529

"Just" put more money into those programs?

How many more votes will that give the party in power in the next election? Probably none, so it won't happen.

Democracy works hard to please the 51% -- not the 5% of parents that have a gifted child.

Of course those parents pay taxes just like other parents, but that doesn't mean the state has to give a damn.

Democracy doesn't require that the state please everyone -- it only must please 51%. And the system is constantly adjusting to figure out how to screw the 49% to please the 51%. Public education gets caught up in the process like everything else touched by the democratic process.

Comment Jerks (Score 1) 127

These sorts of announcements have the effect of freezing developers and keeping them from moving to superior technology.

They would have done nothing if not for AMD and now they're going to steal AMD's thunder.

This sort of thing makes my blood boil.

If you're a developer out there, please, don't let Microsoft get away with this.

Comment Re:The only thing I care about. (Score 2) 479

And later went on to liberate almost all of Europe. Do your point is ?

You exaggerate (probably because you're some sort of Soviet apologist).

The Soviets were doomed without the help of the rest of the Allies. The entire world would have been better off if the Soviets and Nazis had just been allowed to kill each other off. They were made for each other.

Communists, Nazis -- how anyone could pick one as better than the other is beyond reason.

Submission + - Income Inequality Through Assortative Mating: Marry Up (pewresearch.org)

retroworks writes: While tax laws, minimum wages, and patent extension are frequently blamed for the rising gap between "haves and have nots", an international economics study finds another simple factor behind income inequality. Marriage. As gender equality has improved in the professional workplace, paired incomes don't occur randomly. "Better educated people are increasingly more likely to marry other better-educated people while those with less formal schooling are more likely to choose a less well-educated partner." Using Census data, the (UPenn directed) researchers found that "across the board, the income gap between couples with relatively high and those with relatively low levels of education had widened substantially since 1960 relative to the average household income... the relative earnings of couples with high school degrees had fallen by 20 percentage points relative to the average while the household incomes of highly educated husbands and wives had increased by 43 points."

The Economist http://www.economist.com/news/... notes, " The economic incentive to marry your peers has increased. A woman with a graduate degree whose husband dropped out of high school in 1960 could still enjoy household income 40% above the national average; by 2005, such a couple would earn 8% below it." And in Slate, http://www.slate.com/articles/... Matthew Iglesias puts it in terms a nerd can related to. "She likes Doctor Who; I like Star Trek...But one thing about us is pretty similar: We both went to fancy colleges full of people with high SAT scores. And in that regard, we’re pretty typical." Perhaps "Natural Selection" is the best explanation for rising college tuition, and increasing student debt.

Comment Re:Tell me again... (Score 4, Interesting) 538

Tell me again why college in the US costs sooooo much? It's not like you are getting a super special top notch education that is not comparable to top Canadian universities for example.

The same reason health care costs so much: the more money that's made available, the higher the price that can be asked.

In supply and demand terms, prices rise to balance the supply of education services with the demand for those services until demand is restrained or supply is increases.

What's happened in education and health care tells us that supply isn't keeping up with demand and so we have rationing based on price to match supply with demand. High prices keep some out of school or out of the doctor's office so that the available services match those able to pay for them.

Submission + - Leaked document points to insolvency for MTGox Bitcoin exchange (scribd.com)

electrongunner writes: As one of the unfortunate many who have/had money/bitcoins at MTGox, I was rather dismayed by the details in the purported leaked internal document detailing the disaster that has unfolded over the past few weeks....
"At this point 744,408 BTC are missing due to malleability-related theft which went
unnoticed for several years. The cold storage has been wiped out due to a leak in the hot
wallet."
As of now, MTGox is offline and there's no indication that anyone is going to get their money or bitcoins back. Yeah, yeah, I know...you told me so.

Submission + - Apparent Theft at Mt. Gox Shakes Bitcoin World (nytimes.com)

Hugh Pickens DOT Com writes: The most prominent Bitcoin exchange appeared to be on the verge of collapse late Monday, raising questions about the future of a volatile marketplace. On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation.

Submission + - Apparent Theft at Mt. Gox Shakes Bitcoin World (nytimes.com)

mendax writes: The New York Times is reporting that Mt. Gox, the most prominent Bitcoin exchange, 'appeared to be on the verge of collapse late Monday, raising questions about the future of a volatile marketplace.'

'On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation.'

Maybe the U.S. Dollar isn't so bad after all.

Comment Re:govt enforces the monopoly. Want govt monopoly? (Score 2, Insightful) 513

I have issues with them, too; but I'd rather a non-corporate entity build out and even own our infrastructure than profitmongers!

I have news for you: local governments are incorporated, too.

And don't think for a second that the people involved in local government aren't interested in making decisions that personally profit themselves and their friends.

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