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Comment Re:What is the cost basis? (Score 1) 245

The stock certificates are a representation of the ownership right to the company. When you sell a share of stock you are selling your interest in the company.

So the shares of stock DID exist previously, in the form of the property rights of the people who own the company.

When the owners sell their stock you can bet damn well they have to pay a tax on that sale. The magnitude of that tax can be huge. It's one of the reasons people like Zuck take out loans rather than sell their stock.

Comment Re:Boston PD (Score 3, Interesting) 110

That's nothing compared to Claude Shannon's master's thesis which laid out the use of boolean logic to solve general problems.

Here's a list (just from MIT, which is one of the 100 or so universities in Metro Boston).

1802 -- Modern navigation -- Bowditch
1886 -- Management consulting -- Little
1901 -- Disposable safety razor -- Gillette et al.
1914 -- "Tech"nicolor -- Founded in Boston by Kalmus et al.
1919 -- Trans-Atlantic aircraft -- Hunsaker et al.
1929- -- Instant photography (Polaroid) -- Land
1931 -- Stroboscopy -- Edgerton, Germeshausen et al.
1937 -- Use of Boolean logic to design "digital" circuits -- Shannon
1940-45 -- Practical radar -- Anglo-American military collaboration at MIT
1944 -- Mark I/II computers and first computer "bug" -- Aiken, Hopper et al.
1945 -- Hypertext -- Vannevar Bush
1951 -- Huffman code
1951 -- Random access memory ("core")-- Project Whirlwind
1953 -- PET scan -- Brownell
1953- -- Doppler radar -- Gordon
1956- -- Chomsky hierarchy
1957- -- Generative grammar -- Chomsky
1957 -- Confocal microscope -- MInsky
1957-61 -- Time-sharing (and some of what we now call virtualization) -- Project MAC
1958 -- LISP -- McCarthy
1961 -- Chaos theory -- Lorenz (and many others)
1961-2 -- Digital videogame (Spacewar!) -- Graetz, Russel, Wiitanen, Kotok
1963 -- CAD -- Sutherland
1964 -- Minicomputer -- DEC
1964-5 -- Electronic mail -- Van Vleck / Morris on CTSS (also network email, Tomlinson in 1971)
1969 -- Apollo guidance computer that navigated to and landed on moon -- Instrumentation (now Draper) Laboratory
1970-90 -- Object-oriented programming and data hiding -- Liskov (and many others)
1972 -- Packet-switching and ARPANET -- Kahn, BBN, etc.
1973 -- Black-Scholes option pricing model -- Black, Scholes, Merton
1978 -- Practical public-key cryptography (RSA) -- Rivest, Shamir, Adelman
1979 -- Spreadsheet -- Bricklin and Frankston
1981-89 -- Copyleft/sharealike, GNU and free software movement -- Stallman
1995- - E-ink -- Jacobsen et al.
2000 -- Zipcar -- Danielson, Chase

Comment Re:Metadata data (Score 1) 509

That's not right. Current law (ECPA) allows LEO access without warrant to the CONTENT of emails stored for over 180 days by third parties.

This is outrageous. It is clearly a violation of a reasonable expectation of privacy if you extent the analogy of physical mail to email. Some members of Congress believe this and have filed legislation to end this practice.

The other aspect of this is that collection of ALL one's metadata in this age is a very different proposition to collecting the addresses on the outside of a few envelopes. The former provides a very deep insight, the latter quite limited.

Some judges have expressed opinions of this type, for example ruling that a physical 'tail' on an individual may not require a warrant, however tracking a person by planing a GPS device on their car does.

And finally the idea of general authorization of any collection activity is something the founders would deny.

Comment Some Metadata (Score 5, Insightful) 509

Dammit I don't mind him getting the metadata he actually needs tp defend the United States. What I object to is the idea that he gets ALL the metadata without showing any need for the vast majority of it.

The 4th Amendment was written with the express intent of forbidding general warrants. Yet that's what we have.

Stop it.

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