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Comment Re:Can't make this shit up (Score 1) 190

Let's say that 15% of that is operations that's still $375m back into the economy in the form of wages.

Wages, to whom? Largely to people who move to the area. Yes, they will spend some of their money in the town, so there will be a trickle down effect to the current residents. But that's what we are talking about: a trickle.

Furthermore those people would probably want to eat somewhere while in town and maybe even visit a shop or two which would further boost the local economy.

Do you really think that those 1%-ers really want to eat in the restaurants that exist in the town today. So, perhaps some new retaurants will be opened and again, money will trickle down. But don't forget that the current residents are already paying higher rates of tax.

That's the fundamental problem with such calculations of economic benefit. They confuse revenue with actual income to the residents. Instead, the real calculation should be whether the investment by the town will lead to an increase in tax revenues that exceeds the investment. Otherwise, it's like a company proposing an investment on the basis of increased revenue, but ignoring what the effects on profits will be.

Comment Re:Why no Chip Card Reader at home? (Score 1) 336

As EMV chip card readers get cheaper, I keep waiting for banks to offer an on-line verification service where they supply a chip card reader to the card owner, which can then be used to verify on-line transactions

My UK bank does this for payments made through the bank's website. I have a small card reader which my bank sent to me. I insert my debit card, enter the PIN, then, I enter a number that the website gives me into the reader and the reader returns another number which is entered into a box on the payment page. The website doesn't always ask for this type of verification -- only if it is a new payee or I have not sent money to that payee for a while.

Cheques (checks) have almost disappeared in the UK because people just do direct bank-to-bank transfers for payments that would be made via a cheque (check).

Comment Re:This is why you call your bank before tourism (Score 3, Informative) 336

If you're going to make out of the ordinary purchases for overseas, or travel overseas, you always want to call your bank ahead of time. This is a standard operating procedure, and nothing to complain about on Slashdot.

Doesn't work.

I travel to the same country about once per year. I call my credit card company in advance and usually, I can make one purchase in that country and after that, my card is blocked.

Sometimes, I even get a fraud warning txt for a small purchase in a US airport where I have a stopover. The tickets were bought using the same credit card, so the card company knows that I will be travelling (as well as my call to warn the credit card company).

Comment Re:fair competition (Score 1) 214

The cab companies/cabbies are mostly scared of one main thing. They invested a massive amount of money to by their exploitation licence. The main regulation that they are concerned with is this quota.

I don't believe that London taxi licenses are the same as many US cities. In London, I don't think that there is a limit on taxi licenses, but the license is difficult to obtain. In order to get a taxi license, a driver must pass a test on "the knowledge". Taxi drivers are required to know every street and the fastest routes there (including knowing traffic patterns). I believe that learning "the knowledge" typically takes about 2 years of study and riding round London on a motorbike. Taxi licenses require a level of knowedge and skill, instead of a huge puchase of a medallion.

It can be argued that the street knowledge should no longer be required, in these days of GPS navigation. However, licenses also require a certain type of vehicle and the vehicle must also pass an inspection.

Comment Re:You can have my Jolt Cola (Score 1) 565

You know that:
1. Caffeine is available from other sources.
2. If you don't take any caffeine, you are just as alert as a frequent caffeine user (after some acclimatization to the low/no caffeine diet). In fact, you average leverl of alertness will be higher than the frequent caffeine ingestor.

All yo are doing with your jolt Cola is wasting money.

Comment Re:What he should have done ... (Score 1) 392

What most people are missing is that they don't need a warrant because you're outside the U.S. wanting in. Supreme Court cases have established that U.S. Constitutional protections apply only to people (both citizens and non-citizens, including illegal immigrants) on U.S. soil.

If he surrenders the laptop, what right does immigration have to prevent a US citizen from entering the country? Surely, he has a presumtive right to entry when he is at the border.

That's why Bush built a prison in Guantanamo Bay - that's Cuban soil, not U.S., so prisoners there wouldn't be protected by that pesky Constitution.

Could I murder someone in an airport before going through immigration and not be prosecuted? After all, if it is not US soil, then US laws don't apply. There is a world of difference between Gitmo and an airport.

Comment Re:Any influential person who takes devices to Chi (Score 1) 392

surrenders them to Chinese authorities without a peep of complaint, and brings them back to the US and is surprised when federal spooks ....

None of which has anything to do with border security and customs. Do you really think that anyone cares enough to spy on the mayor of a small town in rural California?

Comment Re:If that's how Pokemon Int'l treats its fans... (Score 5, Insightful) 209

Hate to be a dick, but you DID charge admission using another company's IP.

Whoever posted that is a dick. According to the Gofundme page, he only charged $2, which was intended to cover the cost of prizes for the cosplay contest. No huge profit involved.

To the parent poster: you also are a dick, for posting this drivel, which misrepresents the situation.

Comment Re:Hmm... (Score 1) 203

Comment Re:Let industry self-regulate! (Score 1) 203

This is actually a perfect example on self regulation. The EPA didn't find this but a private clean air organization

I think that you have a strange notion of the concept of "self". As you point out, it wasn't a motor manufacturer who discovered the problem.

Since this went on for several years without being discovered, VW was just unlucky to not get away with the cheat. How many other cheats have happened and not been discovered.

So, yes, this is a perfect example of how self-regulation doesn't work.

Comment Re:it's not the retailers, it's the cards (Score 1) 317

US chip cards are set to "prefer signature". Many of them don't have PINs at all.

I have had a chip-and-signature card for over a year now. I don't think it is "prefer signature", I think that it is "signature only".

Shortly after I got the card, during a trip to the UK, it surprised a few people, when the card was inserted into the reader and the reader printed out a paper slip for signature, instead of waiting for a PIN to be entered. There was no option to enter a PIN. On a more recent trip, people in the UK were used to this type of card..

Theory is gray, but the golden tree of life is green. -- Goethe