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Comment Re:Retail investors (Score 1) 184

Retail investing should be banned. Unwashed masses should only be allowed to by index funds.

Wow - this has to be the stupidest thing I have ever seen.
Please lets start with a few problems:
1. Please define Unwashed Masses and give a definition that will show who is in/out of the group that isn't allowed to trade
2. Please define index fund - separate an index fund from something like Magellan which is one of the larges funds in the world, but is far from an index fun

Now that we have that out of the way, explain how making choices for myself should be made unlawful? Are you going to ban the lottery that has an even lower payout? What about my 401K plan, what choices am I allowed to have in my 401K... Is this different than "retail investing"?

Comment Re:Just ban them (Score 1) 1144

The sale of automatic weapons is highly regulated and almost impossible to purchase on the civilian market. To be fair, semi-automatic weapons are far more accurate causing a significantly higher fatality rate. If you want to lower the number of deaths in a mass shooting, allow shooters to purchase fully automatic weapons, after the 3rd round - the rest of the bullets go into the ceiling causing very few fatalities as they run out of ammo faster.

The problem with an unarmed populace is there is no way to revolt from an unjust government.

Comment Re:Inflation, anyone? (Score 1) 1052

No inflation isn't a problem... Assume that I am given 2000 dollars by Y Combiner. This is taxable income. Various governments will easily take 1000 a month off the top. Now, lets assume that Y Combiner needs to come up with this money - they will have to apply for a government grant for 3000 dollars per person, allowing them to pay various people 1000 a month to cover overhead and "profit", 2000 to the lucky recipient. So the government looses 2000 dollars. Now the government will need to raise taxes (or increase debt spending) by 5-6 thousand a month (again to cover their overhead - you think this stuff is free). This will cause a net loss in income of 4000 dollars to give me 1000 dollars a month to spend.

Oh Wait - you thought money grows on trees?

Comment Re:The tax rate is not competitive (Score 1) 392

Actually they are Lets buy america. Almost impossible to move your company to canada - very easy for your company to be "bought" by a canadian company. Burger King was bought by Tim Horton. The sad thing is once you are purchased by an overseas company it is easy to move the money into the US Tax free to spend on things like hiring employees, buying infrastructure, and general investing needs. Many of these large tech companies are borrowing money in the US so they can spend it here. It is cheaper to borrow money in the US than bring cash from overseas that comes with a significant penalty. This is just stupid.

Comment Re:ideas (Score 1) 474

I assume payroll is tax-deductible

It is not that it is tax deductible - it is that it is a simple expense. Frankly, trying to do what you suggest is crazy complicated. Now you have to define what is a payroll expense and would count against earnings, and what it a outsourcing contract that wouldn't count, and what is an outsourcing contract that would count (I assume that is someone like IBM/HP/EDS comes in as a US company that would be Ok, right?)
Now that we have to define these things to the point where they are crystal clear - what happens if EDS uses a worker that is based in India? What happens if Wipro uses a US hired worker? Do we go racist and say that if they hire a Caucasian it is fine, but hire an Indian that got the MSCS here at Berkeley it isn't fine?
Please god quit trying to use the tax code to get the behavior that you want - you won't get it, and you will only make things worse for most of us that aren't rich enough to hire 10-12 tax accountants

Comment Re:Dealing with the devil (Score 1) 284

They can't even afford to build new public schools.

So, first off - the school district isn't "owned" by the city council. As far as I know - the city doesn't pay a dime for the schools here, it is all funded by a block of money from the state from property taxes that is used to pay for the school system.
Second off - the Cupertino schools consistently rank as the top high schools in California. To say that there is a lack of funding would be a travesty. The schools appear to be adequately funded and staffed with a superior outcome.
Third - if the schools needed operational money, that is very different than needing capital money to build a new school. Frankly - poking around in Cupertino, I am not sure there is a suitably large property that could be bought and developed into a school. So that leaves us with expanding existing campuses. My daughter's school just had a new building added 2 years ago - cafeteria, physics classrooms, etc. that was needed. This was simply budgeted and spent. I believe the other high schools have similar programs to build classroom space as it is needed.
So in conclusion - that statement doesn't apply. The schools are great here, please don't imply it is apple's fault that the schools are so great

Comment Re:Driving 100mph (Score 1) 496

Depends on the car you are driving. My last car was a Mercedes SLK convertible. It easily went 80, you could not pay attention on the highway and find out you were doing 80 in a 65. 100 was easy (again on a straight highway) - I didn't feel safe at 120, the car was fine though. I couldn't imagine doing this in your standard Toyota, mid range sedan.

Comment Re:I like it, but... (Score 1) 271

Yeah, when I was in college worked for a company. Since I didn't have a degree the owner paid me hourly. My manager had a degree and was paid salary. Crunch time comes in and I worked a ridiculous amount of hours for about 3 weeks. When my check came in - my manager told me I was making significantly more than him (think 40 hours normal and another 40+ at time and a half) I was making almost 3 times my normal paycheck.
The good news was when you work all of those hours, you have no time to do anything but eat work and maybe sleep - so you just save all of that money.
Sucked to be my manager though

Comment Re:Oh, so the REAL minimum wage is always ZERO? (Score 1) 940

Yes, and the goals of the little man should be to become the employer. To be honest my wages raise regularly without the need of the government compelling my employer to raise them... The idea is you have a useful skill that people are willing to pay for - if your current employer doesn't pay you what you are worth, then you go to the next employer, or even better become your own employer and sell directly to the customer without a middle-man taking a hit on the profits.

The idea that there is a wage that no one should be willing to work under simply means that if someone doesn't have the skills to be valuable at the minimum wage - they are unemployable... Making their minimum wage 0. You see this happen all the time. You used to have to stand in line at the grocery store to have your groceries rung up and pay. Now there is an automated system that allows customers to check out themselves and pay without any help from store employees (well, 1 per 4-6 checkout lines). Now those 2-3 people that used to checkout customers are unemployed, rather than making a little less money than minimum wage. I wonder how they feel about this?

Comment Re:We've been down this path before (Score 1) 84

Apple's compilers are open source so you could A) verify this claim and B) they have shifted a lot of code to Swift now which is again an open source toolchain.

Not quite. Never trust the toolchain Ken Tompson Hack

So this is a very dangerous hack, even to open source from over 30 years ago. Very VERY hard to detect

Comment Re: lol (Score 1) 255

Translation: They figured out they have a non trivial chance of losing this case so they 'discovered' this new alleged hack that they doubtless had all along.

You are not nearly cynical enough. Let me translate for you... They figured out they have a strong possibility of losing this case so they "discover" a hack that they announce they have. This causes Apples "security" value to plummet (Now everyone knows an iPhone is hackable - the US government said it is). There will be some back channel negotiations, they will come out and say - no it is completely secure, we couldn't get into the phone. Apple will quietly hack the phone and give the FBI the information that it wants

Comment False assumption (Score 2) 59

In both the examples given (Page & Zuch) they did not get their wealth and billions from stock options, but from a direct ownership stake in the company. They Owned and retained a huge percentage of the companies that they founded and therefor get the value of the company that they retained. While they may get ongoing stock option packages, this is not the majority of their holdings.
Bad summary, bad article, etc. etc. etc.

Comment Re:This was a classic one-two punch from the FBI (Score 1) 273

Fine give them the source, it has a multi-billion dollar value. There is the takings clause in the constitution 5th Amendment that says Apple would need to be compensated for the release of their source code. Then even with the source code the FBI couldn't get it onto the phone without the Apple signing key, again - worth 10s of billions of dollars as the signing key is what protects apple products from fraud. This is easily appealed by Apple lawyers to the supreme court (in 2-10 years through different appeal layers) by which time the information on the phone would be worthless.

Comment Incorrectly dressed (Score 1) 523

From the article

That report linked flooding from a glacial lake with an increase of sexually transmitted infections in women. "I was fascinated by how two seemingly disparate issues could be so intimately linked through glacial ice," Rushing said. "I wanted to know more about the relationship between women and ice, so we pursued the topic from climate-change vulnerability to knowledge."

Global Warming cause

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