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Comment Re:Company scrip returns... (Score 1) 162

Actually, many companies do issue shares of stock. It's common at many companies to match 401(k) contributions with company stock. If I put in 5% of my salary to my 401(k), and the company matches it with stock, then the company is effectively paying 4.762% of my salary in directly issued stock. Then there's all sorts of other wacky stock-based compensation programs like ESPPs, non-qualified options, restricted stock grants, etc.

And there are some companies that still issue actual shares instead of incentive options, even to executives. I may be wrong, but I have heard that it's fairly common in the utility industry to do restricted stock grants instead of options, because options encourage a level of risk taking that utilities can't handle.

Comment Re: Remind my why they are being sued (Score 1) 484

As a non-UK citizen, all I ever hear about anyone watching in the UK is Hollyoaks, Eastenders, Doctor Who, Top Gear, Midsomer Murders, and Sherlock. I'll grant you Doctor Who is pretty good, but the rest just seems to be roughly the same mix of shows the U.S. has.

Of course, if this is just a problem with my perceptions, I'd be happy to have someone from the UK correct me.

Comment Re:One disturbing bit: (Score 4, Insightful) 484

He almost certainly means that from a strictly legal standpoint, rather than as a general statement. It's somewhat common for the Supreme Court to put a disclaimer in an opinion stating that the opinion was so narrowly focused that it shouldn't be used as a precedent in other seemingly analogous cases. Presumably, this comment is more of a command to the lower courts, rather than a prediction of the future.

So, if Company X wants to start a business that is similar to, but not exactly the same as, Aereo's business, any legal challenge against Company X would still have to be upheld on its own merit. Challengers couldn't cite this Aereo decision as legally relevant.

Now, whether this ruling will have chilling effects, other than its legal precedent, is a different question.

Comment Re:What do you think "secular" means? (Score 5, Informative) 254

In English, it means "from age to age" or "generational." This meaning is actually older than the meaning you're probably thinking of.

It ultimately comes from the Etruscan word saeculum, via Latin. In Etruscan & Latin, it meant the amount of time needed for a complete renewal of the human population, and if I'm remembering correctly, it was eventually standardized at 110 years.

I believe that all Romance languages use some variant on seculo as their word for century.

Comment Re:Major source of corruption is Tax Code not PACs (Score 1) 209

It's a common misconception to think so, but a flat income tax would either 1) not tax dividends and capital gains at all, or 2) would not tax business income at the corporate level. If both were taxed, then the tax rate on corporate income would be doubled (actually not quite doubled, it would be 2*tax_rate - tax_rate^2) when all other sources of income were taxed only once.

In fact, that's basically what happens now in the U.S.; we tax business income at 35% but capital gains and dividends have a very low tax rate (15% iirc) with many exemptions - you don't have to pay if you buy through an IRA, if you make less than ~$70,000 per year, if you run a retirement fund, etc.

Comment Re:Not so fast ... (Score 1) 646

You may be thinking of Florida State University. They have a well developed relationship with the Seminole tribe. I believe that members of the tribe actually perform at FSU football and baseball games, and the university gives some money to the tribe and its charities as a goodwill gesture. I don't remember other details off the top of my head.

Comment Re:Speculation... (Score 5, Insightful) 455

Indeed, I moderately dislike Tesla generally and Elon Musk specifically, and I'm neutral on both electric cars and luxury cars. Nevertheless, I'm cheering myself hoarse for Tesla in this fight. I'd cheer equally for just about anyone who would make a similar effort to reduce the amount of sliminess involved in car purchases.

Comment Re:What The?!? (Score 1) 216

Well, that's sort of the point. I'd rather see the NHTSA spend its time (and my money) testing, say, the structural integrity of the aluminum in the new Ford F-150. They seem to be surprisingly good at that sort of thing. I'd rather not see them regulating smartphone apps because I think they could be doing something more useful, like regulating cars.

Comment Re:Economics (Score 1) 377

I don't live close to my job and I still drive nowhere near 15,000 miles per year. I would have thought that a 12 mile commute one way was a lot, but that's still only ~6,000 miles per year. Even throwing in a very generous 2,000 miles of weekend driving and a yearly 1,000 mile round trip to the beach, I'm still only at 9,000 miles.

I'd really love to know how many urban or suburban 2-car families actually manage to put in 30,000+ miles a year in driving

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