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Comment Re:Wow ... (Score 1) 249

I'm sorry, but if you're taking over $7 billion in writedowns, maybe the decision to but it in the first place was stupid and misguided?

making a virtual profit of $.6B (by writing off more than they paid), and gaining all of Nokia's assets including patents, land, and buildings? doesn't sound stupid to me.

Comment Re: Good for greece (the real issues, with video) (Score 1) 1307

i live in silicon valley, where BMWs and Mercedes (US luxury cars) are the norm, so yeah, #2 is quite true. for #3, i realize i'm well off compared to much of the world, which is exactly my point. the observation that someone has something nicer than you isn't license to revolt against the system.

maybe english is not the first language here. do you know the term "whoosh"? it's the sound of an important contextual point passing quickly between your ears.

Comment Re:What they are cheering about? (Score 1) 1307

no, it's the realization that any large bureaucracy is going to lose some things in the exchange of hands, and that not everyone is going to agree on how taxes are used. people use the "they are wasting my money" argument constantly. let's be honest. it's mainly about rationalizing not paying your fair share.

Comment Re:Good (Score 1) 1307

Instead of asking for austerity, what the EU SHOULD be doing is saying to the Greeks "you wont get any more money from us unless you get rid of the corruption and collect the taxes your laws say you are supposed to be collecting". If Greece actually collected all the tax the laws say they are entitled to collect, they wouldn't be in the trouble they are in.

unreasonable. i seriously doubt greece knows how it's elite class gangsters are evading the law. let alone the EU's ability to prove or deny that through some sort of an audit.

Comment Re:Citizen of Belgium here (Score 1) 1307

yet you criticize Greece for asking to borrow a tiny fraction of the amount you borrowed?

why do lenders make loans? because they are good people and want to help? no, it's too make a profit. they lend when they expect to be repaid with interest. the EU banks have a very high chance of repaying a debt, which is why credit was opened to them.

greece has very low chance of repaying their existing loans, let alone repaying a new loan.

same reason when an individual walks into get a new car on a loan their rate is going to be highly variable based on their credit history, or they'll be denied all together.

Comment Re: Good for greece (Score 1) 1307

If you lie to get a mortgage [join the Euro-zone], it's your own fault when things go wrong. What if the bank knows that you are lying? It was common knowledge that the figures Greece used to justify joining the Euro-zone were not realistic. Those bureaucrats must have known. Who is at fault now?

it's at least partially the lender's fault, but it doesn't mean the borrower should get free money.

i'm sure a lot of greeks used that money to make investments and earn profits where they wouldn't have otherwise had the opportunity. greece should be happy that they were allowed to live beyond their means for so long, not mad that the gravy train is ending.

Comment Re:Never belonged to you (Score 1) 272

oh boy.

It's not run by geeks for geeks under some informal geek code of honor anymore. It's a commercial marketplace run by corporations for a profit.

no way. i thought that the massive server farms, thousands of developers and QA engineers, millions in hardware, millions in R&D, et. al. were funded out of the magical money tree?

And anyone with a clue and any exposure

and you are the only one that apparently thinks this information isn't so obvious that you need to repeat it here like you're talking to a bunch of children. i also don't expect target to be there tomorrow and i won't go screaming if it isn't. i'll buy my socks somewhere else. done.

i think you forgot to tell everyone that with Google WE ARE THE PRODUCT OMFG!

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