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Comment Re:Happy, happy, joy, joy... (Score 1) 381

There's nothing wrong with ceding a few seats (out of hundreds) to "fringe nutters". The whole point of a milti-party parliamentary system is for people who aren't in the majority (or the largest plurality) to get their say, and the district-type systems always short parties that aren't based on regional pork-peddling.

Comment Insurance is not like music (Score 1) 231

Music by specific artists is a unique product -- another artist generally can't reproduce the same music in exactly the same way.

Insurance is the opposite. All auto insurance is essentially the same -- the differences have very little value. If one insurance company fails to update it's business model, 5 more insurance companies will swoop in and take the business.

Comment Touch it with a 12 mile pole. (Score 4, Interesting) 140

You get the 12 mile military and 200 mile fishing limits for your land per international law. However, this must be land above the water. You cannot find land under the surface, dump tons of dirt on it, and claim those rights, per same law.

This doesn't mean you can't create the islands, but you can't do the 12 mile/200 mile thing. China thinks it can.

Comment Re:Didn't realize Ms Streisand was French (Score 1) 330

Money, being literally coins of precious metal, had intrinsic worth. Said government or bank could go to hell or lose a war, and you still have the value.

In that way, it started as merely another form of trade, a convenience to hold value from one sale until you found what you wanted to buy.

If the US went belly up, you have numbers on paper. When Kuwait was invaded, they were on a gold standard, but good luck going down to the Kuwaiti government requesting gold for paper, with a Saddam guy there.

Comment Re:Missing the big picture (Score 2) 330

From a US perspective, perhaps. But truth is not a defense in Europe, even for public figures (who thus use censorship to protect their power by preventing criticism.)

The legal power to silence criticism is at the core of the absolutist nature of the First Amendment. Government doesn't get to decide what kinds of criticism are permitted, by them, the people in power with police behind them.

Comment Re:better late than never (Score 0) 76

How do you prosecute people for not forseeing a double-whammy overcoming triple redundancy?

Humanity learns these things the hard way. And if someone imagined it later, talk to politicians and businessmen for not upgrading it, not engineers.

Also, wtf with the pylon issue, people? Just put the generators on the third floor of a mildly reinforced building, i.e. metal beams sunk into cement, details left for a sophomore civil engineer. No need for something Daffy Duck might like.

Comment Re:How? (Score 1) 381

This. The early days of the Internet were loaded with "Enter credit card number to verify your are legally an adult", and soon someone in Asia was charging stuff to you and threatening to send letters to your employer to ask why you are a scumbucket who doesn't pay their porn bills for Eatgerbilass.com.

I'm sure some politicians would be fine with that as a cryptic disincentive to something they frown upon (when preening in public, not when their wives to shopping of course) and even having to give a real name for that matter.

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