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Comment: Apple now a trend follower? (Score 2) 730

by purpledinoz (#47864971) Attached to: Apple Announces Smartwatch, Bigger iPhones, Mobile Payments
I don't see a new 4" iPhone 6 in the lineup, did they just abandon this size? It's interesting that Apple is now following the trend, rather than making it. All the iPhone users I know say that they would hate 5" phones because they're too big. Now it seems they have no choice. Although I prefer a 5" screen, I could imagine people would prefer to give up a bigger screen for a smaller phone.

Comment: Re: While Buying Back $1.5 Billion In Stock (Score 1) 207

Secondly, they borrow in US dollars and that currency is being devalued on a daily basis. The Fed is making sure that inflation will wipe out Cisco's debt in real terms, and since the interest rates are very low, it won't be much of that they will have to pay back in nominal terms either.

Actually, this explanation makes so much sense. My assumption about Cisco stock has nothing to do with Cisco specifically, but just that the indexes have been hitting all time highs. I'm expecting that a significant correction will occur in the stock market in general...

Comment: Re:While Buying Back $1.5 Billion In Stock (Score 1) 207

I don't get it. You borrow money for free and buyback your stock at its top. How are they going to pay back this debt, especially if/when the stock tanks? Issue double the amount of shares at half the price? Why not just buy treasuries with the borrowed money and earn risk free interest? Then buyback stock when the stock market tanks.

Comment: Re: Appre (Score 2) 225

by purpledinoz (#47520897) Attached to: VP Biden Briefs US Governors On H-1B Visas, IT, and Coding
If this is how people from India are using the H1B program, then it makes sense that wages will be driven down. I think people from other countries like China want to stay in the US. Another problem is the H1B basically makes you a slave to the company. If you get laid off, you have to leave. Also, switching jobs is really hard. In Germany, you have one year of unemployment, then you may have to leave. This one year also gives you enough time to find another job.

Comment: Re:LG? Wrong phone. (Score 1) 291

by purpledinoz (#47502485) Attached to: Why My LG Optimus Cellphone Is Worse Than It's Supposed To Be
I made the mistake of buying an LG Optimus 2X, supposedly a flagship phone. My best uptime was 200h, at which point it was so slow, I had to reboot. I'm almost certain LG has a thousand monkeys writing their software. CyanogenMod was my saviour. Unfortunately, not even CyanogenMod could not fix everything. Also, NVidia was apparently a huge part of the problem. So my rule is, no LG Software (I have a LG Nexus 5 new, it's awesome) and no NVidia CPU (stick with Qualcomm).

Comment: Re:So what? (Score 1) 778

by purpledinoz (#47498585) Attached to: States That Raised Minimum Wage See No Slow-Down In Job Growth
In Germany, where there's no minimum wage, there are people who earn less than 5 EUR per hour. This is ridiculously low. These low wage workers then get topped up by the state so they're not homeless. Essentially the state is subsidizing cheap labour. In this case, I would say a minimum wage is necessary so that the employers have to pay the full cost of labour. Sure prices will go up, but I see that as a necessity. I don't understand the argument that any minimum wage is bad 1EUR/h is clearly too little. No one will work for this. 100EUR/h will destroy the economy. I suspect there's a sweet spot somewhere.

Comment: Re:Well, of course (Score 4, Insightful) 361

And what is the actual situation? The searching for terrorists is probably not the only thing the data is used for. I'm sure the data is used for various nefarious purposes, such as industrial espionage, political espionage, blackmail. Maybe figuring out the sentiment of the population and their likelihood to breakout into mass protest. I'm sure they're doing some non-evil research too. I wouldn't be surprised if there's a database identifying people who are against the status quo of the Democrat/Republican duopoly, and feeding that data to the media outlets so they run stories smearing any third party candidates. That's a bit farfetched, but everything the NSA was confirmed to be doing was also farfetched before Snowden leaked those documents.

Comment: Re:Or we could just stop racing to the bottom (Score 1) 274

by purpledinoz (#47312931) Attached to: China Starts Outsourcing From<nobr> <wbr></nobr>... the US
While I agree, the problem is power. Unions gain too much power and they abuse their situation, and become just as corrupt as the government. There always need to be a balance of power. I find unions in Germany operate far better. They actually work with the companies to make things better for everyone.

If you had better tools, you could more effectively demonstrate your total incompetence.

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