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Comment: Re:There ought to be a law (Score 1) 113

and the law will not actually stop anyone from anything.

Laws aren't meant to stop things from happening.

When the people writing the law state that one of the purposes they are introducing the law is, wait for it, "deterrence", they, by definition, are meant to stop things from happening. You cannot really claim that what a people did was not meant to do exactly what the people doing it stated they wanted to accomplish.

Comment: Re:Decent (Score 5, Insightful) 482

by praxis (#49486375) Attached to: Seattle CEO Cuts $1 Million Salary To $70K, Raises Employee Salaries

Well, that depends... has he also cut any bonuses he may get? How much does he already have stashed away? Is the company public, or going public? If so, how much stock does he own? Is he contemplating an entry into politics and is doing it to put a nice coat of polish on his populism creds?

By the way: For the longest time, Steve Jobs had an annual salary of $1.00 as CEO of Apple. Of course, his stock holdings in the company gave him more money annually than the GDP of many small countries, but...

Anyrate, while this is admirable and such, the sceptic in me wants to know more abut how he can afford to do that (because $70k/yr in Seattle ain't really all that much money), and why.

$70,000 not being all that much money depends on how much you expect is "all that much". I was supporting a family in Seattle with a single income of $70,000 before taxes, with want of nothing.

But, that's not what prompted me to reply.He reduced his salary to 7% of its prior amount because he felt he had enough and wanted his company to better invest that money in its other employees. He could have six billion in cash sitting in accounts all over the world, and it wouldn't change the sense of his action.

Comment: Re:money money money (Score 1) 148

by praxis (#49466861) Attached to: Nearly Half of <em>Game of Thrones</em> Season 5 Leaks Online

What makes a network real? Does it require a central authority dictating programming to each affiliate? Does it require terrestrial broadcast capability? Does it require orbital broadcast capability? All three?

As it stands, I will end up paying them $30 to watch their product commercial free when it is released. Do you think that Game of Thrones is worth more money? How much do you think they should charge? How many commercials would a "real" network have to inject into their broadcasts to recoup what they'd have paid HBO for the license to it?

Comment: Re:Managers need an algorithm for that? (Score 1, Flamebait) 210

I stand corrected about the 70%, I didn't realize there were caps. I'll revise my statement then.

If one has a mortgage without enough of an emergency fund to pay that mortgage in the event of a job loss for enough time to downsize to a smaller home, then one is living beyond their means.

In other words, if something like the loss of one job will cause a financial crisis, one is doing it wrong.

One can't proceed from the informal to the formal by formal means.

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