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Comment Re:Fear of guns (Score 1) 535

So a man carrying a pistol shaped gun openly could be arrested.

Except, there is no law that forbids carrying plastic toy gun. Using that kind of logic, next time 5 year old boy impersonating a cowboy during Halloween may be arrested or killed by policemen for disobedience.

Comment Re:So we have a lack of people with wha skills? (Score 1) 614

Absolute majority of the pensions and other defined benefits do count on returns from the investments that investments plans are making.

Many of the retired people, teachers, firefighters are depending on dividends and capital growth within their pension plans.

Don't we have a circular logic here (or no logic): Retired teacher wanting pension is good, but if company in which pension plan is invested is trying to make money then it is bad.

Comment Re:So we have a lack of people with wha skills? (Score 1, Interesting) 614

This is not a honest argument where lower taxes are associated with slashed services.

In USA, probably 50% of federal tax dollars are wasted (remember bridge to nowhere in Alaska and countless other http://www.heritage.org/resear... instances).

Add to it all other taxes and inefficiency, and the pattern will follow to the state and local level. In NJ policemen in a bunch of counties were making $122K before overtime 5 years ago, that is not counting 20 year service to get guaranteed pension and medical care, which, converted to corporate job salary level equivalent make it a $200K job (when defined benefits are accounted for).

Lastly, the government itself is telling that there is so much waste and inefficiency in healthcare in US, however, according to the law, healthcare payments are legally a tax. Another tax, which is about to increase because insurance companies calculated so.

And If i am not convincing enough, why don't we listen to the owners and managers of the companies that choose to transfer manufacturing and to outsource. Truth to be told outsourcing also takes place even within USA, jobs go where there are skilled people and to the places with the lower cost of living, which highly correlates with the taxes.

Sticking head into the sand, and pretending that tax and regulatory burden is not part of the problem is very shortsighted.

Comment Re:So we have a lack of people with wha skills? (Score 2, Insightful) 614

No, the skills and talents of US workers are fine.

You are missing the point that H1B workers will get trained and will go back to India so that they could work remotely in many instances.

The problem is that there is so many taxes, both direct and indirect, that it just makes more sense to assign a function, assuming it can be assigned, to the worker residing in India.

Back in India, Walt Disney IT technician will be a specialist, will belong to the middle class, and will do fine with 50% of the US pay.

Comment Most people would benefit? (Score 2) 20

People might benefit from Lithium. Lithium is used to treat bipolar disorder, depression and it acts by increasing serotonin synthesis. The effect would be somewhat similiar to that one of Prozac, which is fluoride based medication.

The Problem is that In US there are already significant amounts of flourides added to the drinking water and effect similar to that of the Lithium is achieved, thus it is not quite clear how two medications can improve health.

Fluorides can also improve hardness of the population teeth, too.

Comment Taxi cab companies are fighting the wrong oponent (Score 1) 20

Da*g! Taxicab companies are fighting wrong enemy. Uber is not their enemy.

Their enemy the airports of the world who will start providing service of picking up a passanger from home with automatic electric recheargeable vehicle as well as delivering the passenger from their home to the airport.

Automated electric autonomous airport shuttle service!

Predictable routes, access charging stations in the airports, availability of precious parking, Uber-like on demand and capacity planning of logistics, absence of unions, can become a very profitable business for the airports. Add on top of that transparent pricing, not exactly favoured by human airport taxi drivers and many people will prefer automatic taxicab.

As such Taxicabs WILL be competing with automated cars.

Difficult to tell who will be operating: airports themselves or they will out-license to companies such as Avis or Herz, but car rental companies, such as Foxconn, armed with new technologies, will change the landscape in the most innovative ways. After the most lucrative (widely known secret) airport transportation business is skimmed, the business model will be expanded to the rest of the taxi business.

Comment There will be advertisments, for some (Score 1) 318

You can bet that there is an audience, certain type of clients, who would be very interesting to certain advertisers. Many sales departments are after the top strata of the society and their disposable income.

You can bet that if someone in a household with the income of $500K or more is watching a lot of netflix movies, then the revenues from advertisers would probably be more than enough to pay subscription fee and Netflix would probably even make a tidy profit.

Quite frankly, I am surprised that they have not rolled these type of memberships earlier.

There are... buyers of $4,000 tooth brush Reinast http://www.reinast.com/ , $1,200 shoes http://www.manoloblahnik.com/, and $1,500,000 cars http://www.bugatti.com/en/veyr... down there....

For the manufacturers of these goods targeted advertising on Netflix would open new avenues to increase their sales, a change from the traditional advertising done at Kentucky Derby, and old fashioned mail spamming, without actually wasting tons of advertising dollars for 95% of the non-targeted audience.

Clearly, Netflix is capable and probably will compete with Facebook after the advertising dollars, because many people spend a lot of time on Netflix only.

For these kind of clients Netflix not only will offer free membership, but will probably pay to watch it or would probably make available exclusive content.

And me??? I am waiting a job offer, or at least a spot award from Netflix for this idea...

Comment Wait for further developements (Score 4, Interesting) 220

There were decades of twisted testing. Within graduate education world, I have personally met a large number of chinese nationals who barely could speak or write English, yet had perfect scores. Every graduate school knows this phenomena and this is the reason why certain asian related biases were formed. No doubt many of them are very smart people, but some just could not learn the language even in 3 or 4 years.

Many graduate schools no longer pay significant attention to certain test and yes, unofficial quotes have been created to counter numerous candidates with perfect scores.

I am waiting for further developments: perhaps a listing of thousands of people who benefited from imposter exam takers will be announced.

Comment AC and DC complement each other (Score 1) 597

None of the methods have general and ubiquitous superiority. AC is key for centralized energy manufacturing. DC is instrumental for decentralized electric grids.

I think that prediction that home appliances will drift to DC is correct in a way that there will be more appliances that will start taking either AC or DC.

Next question is, however, on what will be the DC home grid voltage? Historic 12V? Electric car 48V? Anything in between?

If you look around, following voltages are common for DC using appliances:
  - laptop 18V.
  - Telephones, smartphones - 5V Usb
  - I have two radios: one is 6*1.5V= 9V, other is 3 Volts
  - Electric toothbrush: 3Volts
  - Home security adapter - 24V
  - other small appliances 1.5V battery
  - Electric rechargeable drill 18V

Comment I think that the lawmakers got it wrong (Score 0) 247

Microbead manufacturers will reform and will start manufacturing non-toxic naturally dis-integrable microbead. The article should have clarified that 417 million microbeads are, assuming the diameter of microbead is 0.2 millimeter, less than 400 liters, or approximately 100 gallons.

Mindless pollution is wrong, no question about it.

However don't be surprised that in 2068 your grandchild will be arrested and will receive 12 month cryonic-freeze (an equivalent of 12 month jail time) because he/she violated 2018 law, by simply throwing away some garbage (which happened to have micro-particles, which were considered equivalent to micro beads)

Comment Do not get fooled by Keynesian arguments (Score 1) 294

I have an issue with your item #2: inflation stimulates spending and that is how economy survives. This is a Keynesian theory, which, however, inaccurately switches cause and the outcome.

Lets assume, for the sake of the argument, that there is no inflation, there is a predictable interest rate and the people can save it.

If people can save it, there will be a market for deposits countered for the market to borrow the capital. People could expect predictable interest rate, and those who wanted to borrow could expect a place where to go and get a business loan.

Those who could get the business loan would actually have to spend it, using their best abilities, weighing all the risks, so that to minimize the risk of loss, maximize the net added value of the project and the benefit to the entrepreneur.

So here is the contrast:

- In an inflationary economy money is spent by the most inefficient player - government. Other than the government people would probably be less inclined to invest in long term projects.

- in a stable economy, with negligible (say zero) inflation rate, people actually save money (the capital). Only the best projects get investment and there is a low probability to mal-investment (such as bridge to nowhere in Alaska).

If someone will say that low inflation is not workable, I can say that prior to WW1 UK, Spain's, Russia's money were pegged to gold, and their economies were growing. 2% interest rate on deposits was considered a healthy return.

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