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Comment Re:Market value? (Score 1) 197

And yet, if those expectations are higher than the function of supply of the item and demand for it, you'll either be stuck without your $10 and nothing to show for it, or you'll adjust your expectations downward to realize some gain.

I imagine you'll see the same kind of sinusoidal price movements for this as you see for other WoW items, with high prices inducing more people to get one and list it on the AH, quickly overwhelming the demand and tanking the price.

Comment Re:But should it be illegal? (Score 1) 314

It's not illegal. It just means that employees leaving the company in this specific situation are treated as if the employer terminated their employment for the purposes of unemployment insurance, which means the employees get benefits and they are counted when determining the employer's contribution rate.

Comment Re:The importance of being Ernst (Score 3, Informative) 314

Indirectly, through unemployment insurance contribution rates. Companies with higher turnover rates pay more into the fund that is used to pay out benefits. Accordingly most (all?) states deny benefits to individuals who "voluntarily" leave their job, though I suspect most use this same definition of "hostile work environment" to catch when an employer tries to push people into quitting rather than firing the employees.

Comment Re:Then Why Are We Seeing the Same Negative Effect (Score 1) 844

The debt ceiling needed to be moved through to 2013 to prevent another potentially catastrophic game of chicken. It's an issue that's easy to demagogue, with an impact of triggering a larger depression if the ceiling isn't lifted in a timely manner.

No one is projecting trillion dollar deficits indefinitely. The reason the deficit spiked is because revenues plummeted when the economy plummeted, along with comparatively small automatic stabilizers and fiscal stimulus.

I hold some treasuries as part of my retirement, and will continue to do so. The debt of the US has been and remains the safest in the world, notwithstanding the insanity of a few members of Congress.

Finally, our economic situation will only end in disaster if we collectively allow it to do so. We need to bring our revenues and spending into line in the medium-long term, but austerity measures in the short term only make that harder. We need to get the economy moving again, and we need to curb health-care spending in the medium-long term (perhaps with less demagoguery about "death panels"), neither of which will be helped by wasting human capital in the name of fiscal self-flagellation.

Comment Re:Then Why Are We Seeing the Same Negative Effect (Score 1) 844

As I explained above, they're saying that *now*. As recently as six months ago, they were saying that we needed to come up with a plan (note, that's come up with, not implement) in the next five years. Our fiscal outlook hasn't changed significantly in the past six months. The ratings agencies are reacting to political change, not economic change.

Comment Re:Hello IRS (Score 1) 384

I'm no tax attorney (thank the heavens), but my understanding is that virtual items will be treated as assets, so the IRS would only get involved if a player cashes out those assets and realizes a gain. The upside is that, if I understand correctly, gamers making money off of playing Diablo would be treated like hedge fund managers and be taxed on that income at the 15% capital gains rate rather than ordinary income tax levels.

Comment Re:Then Why Are We Seeing the Same Negative Effect (Score 4, Informative) 844

Adding on to what skids just said, Ezra Klein did a pretty good job of summarizing S&P's movement over the past year, so I'll let him do the work:

But what was it, precisely, that changed S&P’s view?

In [David Beers, director of Standard Poor’s sovereign-debt division]'s telling, it was primarily politics. The growth outlook wasn’t any better than it had been in April, but it wasn’t substantially worse. Nor had the debt burden increased with unexpected speed. It was Washington that had unsettled them. The update was clear about this. The title was “United States of America ‘AAA/A-1+’ Ratings Placed On CreditWatch Negative On Rising Risk Of Policy Stalemate” — italics mine.

“What we’re saying now,” explains Beers, “is we question whether despite all the discussions and intense negotiations, if they can’t reach this agreement, will they be able to reach it after the election?”

In short, our debt/GDP ratio is not what's driving the potential downgrade; rather, it's the concern that we won't be able to make the decisions necessary to eventually get our debt/GDP ratio stable. As I said, the amount the US owes has little to do with our credit rating (note: not "nothing," but "little"), since we are financially able to repay our obligations and any likely new obligations for the foreseeable future.

Comment Re:Most economists think this isn't enough? (Score 1) 844

It reduces aggregate demand (just as increasing taxes in a bad economy would do). Given that we have persistent high unemployment as a result of insufficient demand, the correct policy response is to run deficits until the recovery is solidly under way (GDP growing faster than, say 2.5%, unemployment below 6%), then ease off of spending and ease on some higher taxes (not necessarily income taxes) to bring down the debt to sustainable debt/GDP levels,

Comment Re:Then Why Are We Seeing the Same Negative Effect (Score 5, Interesting) 844

The potential downgrade has little to do with the amount of debt owed - rather, it is a reflection of the rating agencies' assessment of how likely we are to repay our bonds. Originally, simply raising the debt ceiling would have been sufficient to satisfy the rating agencies. However, now that Republicans have made clear that raising the debt ceiling is an opportunity to extract concessions with the nation's credit rating on the line, some of the rating agencies wanted to see that Congress was capable of reaching agreements without blowing up the world economy.

Comment Re:Software does not offend (Score 1) 467

Yes, it's possible that someone can be offended by requests not to offend others: a kind of second-ordered offense, if you will. However, such second-order offense is a result of an individual's self-defense against an offender, and under the framework I've discussed here and elsewhere is therefore justifiable.

Also, we're not talking censorship here, since no one's talking about government intervening to restrict the original offensive speech. We're not even talking about private censorship, because TFA doesn't even call on the community managers to ban the offensive speech. Rather, TFA is engaging in the classic anti-censorship response to harmful speech: more speech.

Finally, you didn't answer my question. Your prior posts take the position that there is nothing morally wrong with intentionally causing harm or discomfort to others (or perhaps even that you are morally entitled to do so) when there is an action those others could take that could protect them from you. Does your dodge indicate that you are backing away from that position?

Comment Re:Well.. (Score 1) 467

Perhaps I've missed it, but is anyone talking about taking away the liberty of the douche in question to be a douche, or the freedom of the Python community to exile or not exile said douche from the community?

It seemed to me like the article was raising an issue, not calling for the particular remedy of censoring the name of the package. If any response was suggested in TFA, it seemed to me to be the thoroughly non-censorship response of more speech as a solution to bad speech.

Comment Re:FCK Editor, anyone? (Score 1) 467

Quite the opposite: a slippery slope implies that, after taking an initial step, one will tumble helplessly down to the bottom of the hill without being able to stop one's self. The multitude of copyright extensions are far from a slippery slope, in as much as it took 218 Representatives, 51 Senators, and a President all deciding that extending copyrights was the right thing to do in order for it to happen, each time an extension was passed. That's not a slope, let alone a slippery one: that's a series of stairs.

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