Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

Comment: Re:Life Imitating Art (Score 1) 282

by Idou (#49219499) Attached to: Scotland Yard Chief: Put CCTV In Every Home To Help Solve Crimes
Correct. However, Orwell did not anticipate that the general public would be the ones to have the majority of networked cameras that they could use to keep tabs on the government. I have cameras installed at my home, but I am not just going to share with anyone unconditionally. A string of events would have to occur first before I would even consider sharing specific footage with the local police. I believe anyone else (including in the UK) shelling out their own money would be inclined to do the same (else risk their own footage being used against themselves).

So, in short, yes, everything will be recorded just like Orwell's predicted. However, the economic tendency is for everyone to have a piece of the footage pie and be able to choose when and with whom they share it with.

Comment: Re:Expensive (Score 1) 183

by Idou (#49046633) Attached to: Telomere-Lengthening Procedure Turns Clock Back Years In Human Cells
OK, now I think you are just being stubborn. . . You are doing yourself a disservice. Think about this for a while:

1) We were keeping all other factors constant and only changing mortgage period.
2) In this scenario, mortgage period only impacts monthly payments of principle.
3) Prepayments are payments of principle above and beyond what is determined by the mortgage period.
4) Accordingly, you want your required principle payments as low as possible because you can also prepay to turn your mortgage period into any mortgage period shorter than your originally contracted period. For instance, I could get a 60 year mortgage and pay it off in 30 years by prepaying every month (it would look identical to a 30 year mortgage)

I hope human life is extended just so that you live long enough to understand this concept.

Comment: Re:Expensive (Score 1) 183

by Idou (#49038823) Attached to: Telomere-Lengthening Procedure Turns Clock Back Years In Human Cells
Here is a more simple explanation. You have two choices:
A. You are forced to pay monthly principle payments of $1000
B. You are forced to pay monthly principle payments of $500 but can also prepay another $500, if you want (depending on alternative investment opportunities).

Option B. allows me to choose between both options, every month. If I choose option A, I am stuck with option A every month. Consequently, a rational person would choose the longest mortgage period possible because they could artificially create ANY shorter mortgage period option through prepayments.

Comment: Re:About time. (Score 1) 309

by Idou (#49038483) Attached to: The IPCC's Shifting Position On Nuclear Energy
Seems like if you are in the desert, the cost of water is a bigger issue than the environmentalists. . .

There are big trade-offs to be made between using water and having a more efficient (less polluting) plant.

Sure, until you start considering technologies like NGCC, NGCT, PV, and wind. Might be related to why, in the U.S., that is where the major investment in power is going. . .

Comment: Re:Expensive (Score 1) 183

by Idou (#49037973) Attached to: Telomere-Lengthening Procedure Turns Clock Back Years In Human Cells
Please note my:

assuming some level of rational financial decisions

Assuming income is the same in both situations, if I am not earning higher than 3% on my investments, then why am I not paying off my mortgage with my surplus monthly net cashflow (which is higher in the second scenario)? If I am earning higher than 3% on my investments then I am earning a spread and making easy money, like a bank (I am earning a higher interest rate than I am being charged).

Twice the mortgage period length gives me twice as long an opportunity to take advantage of advantageous investments when they are above 3% (earn a spread), so, all else equal, I am better off financially.

Comment: Re:About time. (Score 1) 309

by Idou (#49020019) Attached to: The IPCC's Shifting Position On Nuclear Energy
Yeah, that was my thought: desert, very hot water (at least 2/3 of overall energy output is lost to heat), and cooling pounds. . . Me thinks that evaporation would need to be significant to get the water cool enough to run back through the plant.

Is this better than letting the water run downstream and be utilized for other purposes? Is this really "water conservation" or "water cost minimization?"

The universe seems neither benign nor hostile, merely indifferent. -- Sagan

Working...