Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror

Comment Re:See?! (Score 2, Insightful) 42 42

Are you an Indian software engineer by chance? Because then you don't have to fill out the census either.

"Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers... and excluding Indians not taxed"

Comment Re:Dumb Government Abuse of Power (Score 0, Offtopic) 819 819

You do know that Somalia has improved steadily since the disolution of the state, and at a faster rate than it's state ridden neighbors? Their private law system, the Xeer, has been somewhat disrupted by the US backed Etheopian invasion, but I'd still prefer it to any of it's neighbors. They have the best and cheapest cell phone service in all of Africa, and their living standards have improved by every measure, life expectancy, infant mortality, per capita income, you name it.

http://mises.org/story/2701

Quan Ha is absolutely right. The irony of being force to pay for your own oppression is positively Kafkaesque.

Comment Re:Wall Street Journal (Score 1) 304 304

Verizon Wireless, T-Mobile and others all joined AT&T in bidding huge amounts for wireless spectrum in FCC auctions, some $70-plus billion since the mid-1990s. That all gets passed along to you and me in the form of higher fees and friendly oligopolies that don't much compete on price.

That is not how business works. If a certain behavior on their part can maximize revenues, they will implement it regardless of what the upfront costs were. If they had paid $10 for the spectrum, they would still charge high fees because that is what the market is willing to bear and that is what they feel with maximize their revenues and with that their profits. You can argue that the cost of spectrum raises the cost of entry into the market, but I don't see that as what the author is going for here.

Well, no. Look at other industries. When the costs of production go down then competition brings the costs to consumers down as well. The costs will only go down to the point where it would be unprofitable to go down much further. Lower costs of production also lower the barrier to entry for new competitors, while at the same time increasing the incentive for any one member of a cartel to break their cartel agreement or find some tricky way around it to attract new customers.

Comment Re:In all fairness (Score 1) 441 441

The primary concern here, as least for me, is what level can a drug sniffing dog indicate on. The DEA frequently "confiscates" money that has been involved in a crime without charging the owner. Since you haven't been charged, you have no opportunity to defend yourself against the theft. It's flat out armed robbery, often conducted on the highway.

Comment Re:If you don't like it.... (Score 2, Interesting) 296 296

Apart from not talking about it, I don't see anything wrong with most items on the list. The problem comes with the use of force against the unwilling. Murder and subprime fall into this category. You don't like murder, be prepared to defend yourself and your loved ones. The subprime issue was caused by fed manipulation of interest rates. i.e. price controls on credit. Central economic planning doesn't work. If you were to open a bank that wasn't part of the federal reserve system, men with guns would show up and shut you down. Again, force against the unwilling. With enron you could make an argument that fraud was the culprit.

Comment Re:Rent-a-cops (Score 3, Insightful) 1079 1079

I know everyone likes to make fun of rent-a-cops, mall cops, fake bacon, etc... but I have more respect for them than real cops. Private security is providing a service that's valuable to a property owner who's spending their own money instead of yours. If they assault someone, they can even be held accountable. I'll take private security over a pig any day.

"'Tis true, 'tis pity, and pity 'tis 'tis true." -- Poloniouius, in Willie the Shake's _Hamlet, Prince of Darkness_

Working...