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Comment: Re: So long as it is consential (Score 1) 363

Look up Smedley Butler. "I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents." Corporations have but one purpose, to generate profit for their investors with typically little regard for ethics or morality. Government, while often times corrupt, is ostensibly set up for the benefit of the people.

Comment: Re:Time to ask the bank for a new debit card and P (Score 1) 213

by george14215 (#45802545) Attached to: Encrypted PIN Data Taken In Target Breach
You're a douchebag... "After the Target breach, a few banks took the unprecedented step of limiting how much customers could spend at stores or withdraw from ATMs using their debit cards. No such restrictions were put on credit card customers."

Comment: Re:Time to ask the bank for a new debit card and P (Score 1) 213

by george14215 (#45802265) Attached to: Encrypted PIN Data Taken In Target Breach

That depends. How understanding will your landlord or your bank be when your rent or mortgage check bounces because the day it was deposited somebody ran up charges on your debit card that emptied your bank account? Sure you'll be able to dispute the charge, but that didn't stop the checks from bouncing between the time it happened and the time you got to the bank to fill out the paperwork on the fraudulent charge. Same if you're at the end of a trip and go to pay your hotel bill and your credit card's over limit because of fraudulent charges. Sure you'll be able to dispute them, but that doesn't make the hotel bill magically paid.

Not only that, if you have a debit card and you are disputing charges, the banks will put a freeze on your account while the dispute is being investigated.

Comment: The Founders Are Stupid (Score 1) 143

by george14215 (#45459463) Attached to: How Snapchat Could March Startups Right Off the Cliff, Lemming-Style
It's the investors (who can afford to lose a few million) who are pushing to hold out. Their risk is "low" compared to the potential upside in this decision. To them holding out is good. For the founders, it's an idiotic move. But they probably don't control this decision at this point.

Some people have a great ambition: to build something that will last, at least until they've finished building it.