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Comment Re:It's gonna be fun (Score 1) 44

Of course if those aren't securities, then the entire site is illegal as it's operating as a securities exchange. That's their legal argument for why they aren't gambling sites, and shouldn't be regulated by state gaming commissions. So expect the full might of all those prediction market sites to be lining up against that argument and for finding him guilty.

Comment Re:Scalper incentive (Score 1) 41

Scalping isn't, and shouldn't be, illegal. You own the ticket, you should be able to do what you want with it, including reselling it.

And no, getting rid of scalpers wouldn't make ticket prices higher. Scalpers exist because the concert ticket prices are lower than what the market will actually bear. If a theater full of people are willing to pay 1K for a concert and they sell the ticket for 500, a scalper can make a profit via arbitrage. The only actual way to get rid of scalpers is to raise the prices to the sky (like 2-5x current prices) and slowly bring down prices over time until they're all sold. But my guess is you probably wouldn't like that any better, as the end price would likely be higher than the current scalpers price.

Comment Re: Exactly that's what you voted for so have (Score 1) 103

JFC, are you still trolling people with nonsense? Two decades? I guess being a person who barley got an AS, then ending up a TV Repair man makes you sad and you just take it out on others with your trolling and rage baiting. It's a really unhealthy way to try and make your self feel like you have value.

Comment Re:Exactly that's what you voted for so have (Score 1) 103

Our prosperity literally lifted the world up until about bush. When we started really feeling the impact of reaganomics.

The cost to ship calories of food is cheaper then ever, and that's due Americas investing around the globe.
20th century engineering an science benefitted billions of people. from vaccines, to ag.

So yes, we use to.
Then we stopped tacking properly, then conservative started attacking science, and now we are gutting are own farmers.
Thanks to conservatives.

Comment Re:And of course pass those onto the customers (Score 1) 103

no, government money is correct.
The government dictates how it's spent, it's government money. Only the dimmest of the dim would think government money does come from a tax pool.
And saying tax payer money is too broad any conversation the requires details because which tax pool it comes from matters.

Comment Re: Prices are sticky (Score 1) 103

NO one said that.

"There is no legal duty of responsibility to your shareholders beyond a) not lying to them"
Read the entire sentence next time.

And it's an accurate Or to be more specific:
In a normal for-profit corporation, especially under Delaware-style corporate law, directors, and officers generally have fiduciary duties to the corporation and its shareholders. That means they are supposed to act loyally, carefully, and in good faith for the corporation’s benefit, which usually means long-term shareholder value..

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