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Comment: Re:Mind boggling (Score 1) 167

by pete6677 (#47979799) Attached to: Now That It's Private, Dell Targets High-End PCs, Tablets

Wall Street only wants aggressive growth. All growth is good, more growth is better. So what if it's not sustainable long-term?

Companies are pressured to cut costs to the bone in order to post double-digit profit growth every year. Capital expenditures are discouraged, since they take away from EPS. Enormous executive compensation is perfectly OK, as are share buybacks, but don't dare invest that money in R&D.

Once the company becomes unsustainable and that aggressive growth catches up to it, losses mount. Wall Street insiders saw this coming already and shorted the shares. The stock price takes a big dive, resulting in mass layoffs and resignations of anyone with talent. The now destroyed company is either taken private or massively restructured, often nearing bankruptcy.

Comment: Re: Seems reasonable (Score 1) 462

by pete6677 (#47886841) Attached to: CBC Warns Canadians of "US Law Enforcement Money Extortion Program"

Back in the 80s it was decided by the U.S. courts that the constitution does not matter when it comes to the War on Drugs. Any law enforcement action that would otherwise be unconstitutional is O.K. in the name of the War on Drugs. Sure, this isn't precisely what the rulings stated, but it's what was strongly implied. For example, the 4th amendment does not apply if you are pulled over in a motor vehicle.

Comment: Re:Bah humbug censorship (Score 1) 307

by pete6677 (#47858181) Attached to: Responding to Celeb Photo Leaks, Reddit Scotches "Fappening" Subreddit

It is YOU who grew up in a lilly white suburb. All you know about minorities was spoonfed to you by liberal publications. You likely rebelled against your conservative parents and embraced all things liberal. I on the other hand grew up in numerous different places, and know that reality is often not politically correct.

Comment: Re:This happened to me (Score 1) 819

by pete6677 (#47849613) Attached to: 3 Recent Flights Make Unscheduled Landings, After Disputes Over Knee Room

The flight attendant was absolutely right. Do tall and wide people pay extra to buy clothes at the Big and Tall shop? Yep. Do fat people pay extra for more food? Yep. Cough up the $$$ next time you fly. But I do agree, you never should have had to share your seat with a fat person. Put the armrest down and tell her to pick up her rolls.

Everyone has a purpose in life. Perhaps yours is watching television. - David Letterman

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