- plastic explosive
- any other high tech device
You will note an oversupply of:
- fanatics prepared to use them
You will note an oversupply of:
As the person credited for the first law commercializing space launch services (credited by the law's sponsor, Ron Packard during his introduction of my Congressional testimony on space commercialization) there truly _is_ a problem with privatized space and it is a capital market failure.
This capital market failure systemically suppresses technology investment and it derives from something that should be obvious to anyone in venture finance:
Economic activity is taxed rather than liquidation value of net assets.
A venture financier, or angle, or anyone else who takes dollars out of a bank account and puts it into a high risk venture, is rendering their capital illiquid. If you cease taxing economic activity (income, capital gains, sales, value added, inheritance, gifts, etc.) and instead tax only the liquidation value of net assets, for all practical purposes high risk investments cease being taxed.
This is why, the year after I testified before Congress on the initial legislative direction for companies like SpaceX, I wrote a white paper titled "A Net Asset Tax Based On The Net Present Value Calculation and Market Democracy" wherein I proposed a shift away from centralized government provision of technology development and, at the same time, a shift away from politically biased government delivery of social goods (ie: the welfare state), by taxing net assets at the rate of interest on the national debt and distributing tax revenues as an unconditional citizen's dividend. Later I clarified the assessment mechanism to be liquidation value as well as some of the further aspects of government to be privatized.
Its obvious why so-called "liberals" don't want this since by-passing the welfare state without regard to any politically defined criteria other than citizenship, it would gut their political base.
Conservatives, in particular neo-libertarians of the Austrian School, on the other hand, have much to answer for here. A net asset tax, so assessed, is a big step toward the anarchocapitalism of the American school of libertarian thought exemplified by Lysander Spooner in his definition of "legitimate government" as "a mutual insurance company". Protecting property rights is according to the American school of libertarian philosophy (as contrasted with the Austrian school), the primary role of government and it is entirely legitimate to charge for that service just as it is legitimate for a property insurance company to charge a premium that is approximately proportional to the value of the property being underwritten. Moreover, it is entirely legitimate for any company to pay dividends and a mutual company would pay dividends to its members -- members who, quite reasonably, could be called on for service in times of emergency such as war and could, therefore, quite reasonably be assigned one share and exactly one share each.
Indeed, I view it as a moral responsibility for men like Bill Gates, Warren Buffett and Mark Zuckerberg -- particularly as beneficiaries of network externalities aka network effects that could not exist in the absence of government protection of those monopolistic property rights -- to at the very least lend their vocal, if not material, support to such a capital reform.
It would be smart for risk investors like Elon Musk to do so.
In the US We the People are sovereign. Dissolving The People and electing a new one is treason. It doesn't matter if that is accomplished by throwing the "old" people into gas ovens or simply rendering the conscientious portion of the middle class effectively incapable of responsible replacement reproduction -- if you do either by commission or omission from a position of public trust and authority, it is an act of treason.
To go from there to saying "Oh, gee, we're suffering a demographic collapse so let's import lots of immigrants to replace The People." you are making those immigrants accomplices to genocide.
Either treason or genocide are hanging offences and the vast majority of the US Federal Government officials are guilty.
Mrs. Slim was a Gemayel on her mother’s side. The name “Gemayel” brings back memories...
After visiting the Berlin Olympics in 1936, Pierre Gemayel founded Lebanon’s fascist-oriented, pro-Western Phalange Party...
Sheik Pierre’s son Bashir Gemayel was the most ferocious Christian warlord of Lebanon’s civil war that began in 1975. (Above is Geraldo Rivera’s 1982 interview with Bashir.) It should be kept in mind that much of Bashir’s violence was devoted less to fighting Muslims than to making the Gemayels supreme over the other Christian warlord clans, such as the Chamouns.
Carlos Slim bought the New York Times on the strength of his corrupt relations with the Mexican government that gave him monopoly on cell phone communications in that country.
It never ceases to amaze me how guys like you refuse to go back where you came from to set up shop in an environment where not only will you have all of the amazing talent you need, but you will be getting it at cut rate prices and benefitting your people where they live rather than sending them abroad to create hatred of your country of origin.
PLEASE, do everyone a favor:
Yeah and there are millions of programmers nowadays. So what you're saying is that there are going to be exactly how many of these kinds of newsworthy "tests" of new procurement policies?
A university study was just published last week that self-driving cars crash about 4-8 times more often than humans, and the crashes cause more serious injuries.
The publishers were at pains to point out that only a few million miles were on record, so they hedged the obvious conclusion that humans drive better. Utter nonsense. People REALLY want to believe that robots drive better. A million miles or hundred million, the numbers are in. Self-driving cars aren't working. A million miles are more than enough data.
The real thrust of getting this onto the road is to fire truck drivers. End of story - they want to keep all da money. Uber outright admits it wants to fire the Uber "contractors" and replace them with robots. This is about money, bub. Hundreds of billions of fat, juicy dollars for businesses, and armies of newly unemployed. They hate paying people money to do jobs when they can keep it all.
They don't respond well to "road closed" signs, either. GPS sort of just insists you drive through.
That happens because we drive cars. Cars are very stupid, expensive and dangerous solutions to the simple problem of moving people around. They've killed and crippled more people than wars. That's because moving tanks at high speeds on flat open strips results in accidents. That will not change. Want safety? Build trains. Get rid of the cars.
Planes have slammed people into the ceilings. Planes have crashed themselves. Self-driving cars, v
Skills don't matter when the car yanks the wheel away from your hands. That's what self-driving means.
Do you all REALLY WANT an app to drive your cars? Don't lie to yourselves.
Programmers used to batch environments may find it hard to live without giant listings; we would find it hard to use them. -- D.M. Ritchie