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Comment: Re:Cody Wilson can go fuck himself (Score 1) 625

by crtreece (#43558623) Attached to: 3D-Printed Gun May Be Unveiled Soon

he's afraid of his rights being taken away

I don't see your suggestion of some other way for him to defend himself.

in violation of the law.

[citation needed]

Nevermind, I gotcha here. The United States Bureau of Alcohol, Tobacco, Firearms and Explosives doesn't agree with you.

Q: Does the GCA prohibit anyone from making a handgun, shotgun or rifle?

With certain exceptions a firearm may be made by a non-licensee provided it is not for sale and the maker is not prohibited from possessing firearms. However, a person is prohibited from assembling a non-sporting semi-automatic rifle or non-sporting shotgun from imported parts. In addition, the making of an NFA firearm requires a tax payment and approval by ATF. An application to make a machine gun will not be approved unless documentation is submitted showing that the firearm is being made for a Federal or State agency.

[18 U.S.C. 922(o) and (r), 26 U.S.C. 5822, 27 CFR 478.39, 479.62 and 479.105]

My emphasis added. NFA would be the National Firearms Act, and it applies to machine guns, machine gun parts, short barreled shotguns/rifles, silencers, etc. It doesn't apply to your standard handgun, rifle, or shotgun.

When the 3D printer was invented people envisioned a technology that could help, that could make development rapid, that would improve our lives. Now Mr. Wilson has ruined all that and made it a tool to create weapons.

I don't understand how his use of some tool changes your ability to use your own similar tool for some other use. Sure, go ahead and tell me about how 3D printers are going to be outlawed, it's been a busy morning and I need a laugh.

Comment: Re:Hypocrisy (Score 1) 893

by crtreece (#43364633) Attached to: Massive Data Leak Reveals How the Ultra Rich Hide Their Wealth

Do the companies they own and profit from,

Not really. They pay a lot of money and they just don't get that much in return. That was the original poster's point. Basic services are a monopolized protection racket.

While I understand that fraud and corruption in regards to public utilities are a problem, that's not what I'm talking about here. If some office or store didn't exist, then there would be less car traffic of customers and employees. There would be less need for other infrastructure that is only required because of the increased demand caused by the commerce. This commerce then financially enriches the capitalist. I don't have a problem with charging capitalists for the infrastructure that is used in their commercial ventures.

Having hidden, tax sheltered accounts is another way to increase the return on their capital. If it wasn't saving more than it cost, it wouldn't be happening. The natue of a capitalist is that they must keep getting "much in return", if not, they have to either change in some way or they become former capitalists.

What is worth rich peoples' money is the minting of favorable law, regulation, and selective contracts which creates all sort of profitable rent seeking opportunities. But I think you probably wouldn't want rich peoples' tax money paying for that.

Use of those tactics in no way excludes the use of others. Buying lawyers, lobbyists, regulations, and contracts are just expenses with expected paybacks. Decreasing costs (lowering tax obligations, decreasing benefit and salary) and increasing revenue by buying favorable treatment, both increase the bottom line.

Comment: Re:Is it? (Score 1) 388

by crtreece (#43363959) Attached to: Bitcoin Exchange Mt.Gox Suffers Serious Attack, Instawallet Offline

what happens when Goldman et al discover there's money to be made by manipulating that market, and have nothing to stop their centuries-old bag of tricks.

After articles about it in Wired, Forbes, and who knows where else, I would be surprised if more than one cost / benefit survey hadn't already been completed at each of the too-big-fail banks.

Comment: Re:Hypocrisy (Score 1) 893

by crtreece (#43363429) Attached to: Massive Data Leak Reveals How the Ultra Rich Hide Their Wealth

Since these folks enjoy the same public roads, military, police and fire protection, etc as everyone else, then they can help pay for them.

Is there any reason they should pay orders of magnitude more for the same services as everyone else?

Do the companies they own and profit from, and the employees engaged in work for those companies, drive more, fly more, require more police and fire protection, phone lines, clean water, solid waste disposal, waste water disposal?

While some capitalist can only use so many resources as an individual, the total usage by those employed by them can be considerably more.

So, now we have the owners at the top of the pyramid dodging payment of their share of taxes, the corporations dodging payment of the same. This leaves the non-owning class to pay for the infrastructure used by the capitalists to generate their profits.

Comment: Re:so how many Bitcoin do I get for my flooz? (Score 1) 583

by crtreece (#43317787) Attached to: Bitcoin Currency Surpasses 20 National Currencies In Total Value

flooz ... there is no backing, and who's behind it?

flooz was backed by a private company with no requirement to limit or control the volume of their product.

Bitcoin has the backing of current cryptographic techniques, the bitcoin protocol, and the compute power of the bitcoin mining network. While you can mine bitcoins with commodity hardware, it's not like you just get to instantly make as much of them as you want. You are limited by the cost of hardware, the cost of electricity, and at the same time you are competing with other miners on the network.

Comment: Re:SELL!!! (Score 1) 583

by crtreece (#43314861) Attached to: Bitcoin Currency Surpasses 20 National Currencies In Total Value

unless I convert it into real dollars, it'll never be taxed

That is income and you should be reporting it

Are you trying to say he should report his mined bitcoins as income, even if they are not converted to some other currency? Does the IRS expect someone to report WoW gold or other virtual currencies as well?

Comment: Re:dmx512 (Score 1) 235

by crtreece (#43192561) Attached to: Smartest Light Bulbs Ever, Dumbest Idea Ever?

Why the hell can't these indoor bulb idiots use what everyone else in the world is already using?

How would that allow them to lock the world, or even a small group, into THEIR bulbs, sockets, controllers, and hardware?

Any time a question in the form of "Why can't/don't/won't X do the the logical thing Y?", the most likely answer is some form of "money/greed/control"

Comment: Re:Danger. (Score 3, Informative) 240

by crtreece (#43190269) Attached to: Brian Krebs Gets SWATted

the U.S. homicide rate has fallen 50% since the early 90s, the decline starting before the Brady bill and the "assault weapons" ban and continuing after the ban expired, while more and more states liberalized CCW laws and the number of guns in private hands increased.

There seems to be growing evidence that the increase in crime in the 70s ,and eventual decrease in the 90s, is related to environmental lead pollution from the rise and fall of the use of lead in gasoline

"Jesus saves...but Gretzky gets the rebound!" -- Daniel Hinojosa (hinojosa@hp-sdd)

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