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Comment Re:Chaos (Score 1) 277

The concept is to set up a painful BATNA - best alternative to negotiated agreement - so that if the parties *fail* to come to a compromise, then this ugly thing will happen. It builds a common ground and an incentive for all parties to NOT let negotiation fall through. The idea is that you'll all put your big boy pants on and it will never come to pass. But because of the myopic needs and wants of the electorate who put these jarheads in power, the Congress is playing chicken to serve primarily the needs of the few that elected them and not for the betterment of the entire country. Hell, we still manufacture bayonets for the army because it is some stupid pork for a congressman to placate his district with "jobs".

Comment Re:Cool idea, but never happen... (Score 1) 368

Nuclear energy was supposed to usher in an era where electricity was too cheap to meter based on per capita consumption at the time. Not quite what happened, but use has exploded (http://ourfiniteworld.com/2012/03/12/world-energy-consumption-since-1820-in-charts/). Probably the same thing will happen if this approach ever takes off - people will continue to consume, either at home or via proxy in industry, transportation, and commerce, more and more energy to support 1st world lifestyles.

Comment Re:Just happy to see a Republican supporting scien (Score 1) 457

Financial aid is "need-based" If you can't pay the tuition, they kick in to help you. This is NOT a factor of just household income - more of disposable income.

Point and case, I attended the 10 year reunion at my alma matter. The chancellor had a slide in his presentation showing the total $ of financial aid (vertical) by reported income (typically parents, on the horizontal). I was flabbergasted to see families making $300k+ annually getting aid, but .... if they are sending 5 kids to college and have a mortgage that breaks them, then yeah, they have "need" too. Doesn't mean the rich get a free ride, but not everyone needs to be dirt poor to need a helping hand.

Comment OR - Dropped off my ballot yesterday (Score 2) 821

I live in Oregon and registered voters were mailed ballots about two weeks ago, along with a nice booklet with candidate-, party-, and interested-party-provided information. I was able to read and research in depth each of the candidates and measures and make an informed decision for each of my choices. Best and easiest ballot experience of my life. I could have mailed it in, but decided to drop it off at the local library instead. No lines, no muss, no fuss, no hanging chads or mis-calibrated touch screens. No pressure to vote quickly.

Comment Re:It says they priced the IPO PERFECTLY... (Score 1) 471

A particular company is "worth" so much. That worth is usually defined by the vast majority of professional investors as the time-value of all future earnings (or some finite horizon, like 5 years) plus the market value of all assets including land, inventory, intellectual property, trademarks, etc. less actual (accounts payable) or expected (lawsuits) amounts due. Divide that over the number of shares outstanding and voila you have a stock price.

In FB's case, the future earnings may be pretty dang low, but think about their assets: the voluntarily provided demographic specifics several HUNDRED MILLION people. That's a marketer's wet-dream. That's a huge asset that would be almost impossible to (legally) obtain in any other way, making it an incredibly valuable resource. They just haven't figured out how to /really/ tap into it without causing an uproar, thus expected earnings are low.

Love it or hate it (and I personally hate it), they do have some potential for big big earnings, even if they just hock their user list & details.

Comment Means a perfectly priced IPO. (Score 0) 471

An IPO is where a company sells shares in order to raise money - ideally to fund expansion or let early investors cash in on profits. If the IPO price hasn't moved, it means that the finance nerds priced it EXACTLY where the market thinks the company is valued right now. Give those guys a bonus, as the investors didn't leave any money on the table.

Comment Global warming shills (Score 0) 877

I think the global warming shills have quit denying the obvious (that "the Earth is getting hotter"), and have moved on to point #2: that the cause is man-made. The point #3 is "the human race can do something about it". As I understand it, it's this #3, which would (in their minds) invariable mean taxes, or an upset to the business/government status quo, that they largely want to avoid.

Comment Re:Idea (Score 2) 200

Well, if you are shipping up a spool of feed material wire (a la MakerBot), or even powder cartriges, then they'll likely be able to better tolerate a brutal high-g launch than delicate, precision tuned parts manufactured on earth. Now you can use linear induction launch methods (rail gun launchers) and high-g launch systems to more cheaply get the raw materials into orbit, and transform them once they're up there. Plus, its very likely you'd save on packaging overhead (less padding & whatnot), lowering your overhead further.

Comment Re:Edison reaching out from beyond the grave (Score 3) 462

As an aside, car manufacturers are also moving towards higher voltage because that gives them easier access to drive high-power systems like power steering. Currently most power steering is pneumatically driven, which comes with a hefty overhead cost in terms of manufacturing and maintenance. With a high-voltage bus to drive it, the complex machinery simplifies it to an electric motor and some gears.

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