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Comment Re:Sketchy (Score 2) 35

How is this not some kind of insider trading

Because none of the information is from inside. There is no law against doing your own research and publicising the result.

and/or pump and dump scheme?

The is the exact opposite of a "pump and dump". Muddy Waters is shorting the stock and then pushing the price down by PUBLISHING THE TRUTH. If it turns out the information was knowingly false, or published with reckless disregard for the truth, then they could be in big trouble. But that is unlikely because Muddy Waters and a long track record of being right on these things.

Only company principals would have access to this type of info and it's not legal to divulge such prior to public filings.

Absolute nonsense. RTFA. The company did NOT have access to this information. It came from independent research.

Comment Re:Big surprise some jackhole Silicon Valley (Score 1) 224

You've already consulted several professional lawyers on the matter.

Many lawyers give horrible self-serving "advice", and will rarely take small cases on contingency. If they were honest, decent people, then they wouldn't have become lawyers in the first place.

Why would the algorithm be any different?

1. It is free.
2. It has no vested interest in lying to you.

Comment Re:Big surprise some jackhole Silicon Valley (Score 4, Insightful) 224

startup wanted to cash in on this. Lawsuits as a Service! Can't wait until this extends to software patent litigation.

If there is a problem with the legal system, then the solution is to fix that problem rather than deny people access to the courts. This app is a Good Thing if it means that normal people can have the same access to justice as billionaires like Peter.

Comment Re: It did what it was designed to do (Score 1) 314

What incentives or penalties exist to encourage more safety instead of more profits?

You are thinking backwards. The incentives are designed to encourage rail transport over pipelines, because rail is dirtier, noisier, more dangerous, and less efficient, and many environmental activists believe that by making oil consumption even worse, we will encourage alternative energy.

Comment Re:It did what it was designed to do (Score 1) 314

but for workers in that facility it's a real problem, hence the cleanup expense

Then why not just close the facility and build a new one? That should cost a lot less than 2 BILLION dollars. My guess is that they didn't do that because this is "new money" directly allocated by congress, and didn't come from their existing budget, hence they had no incentive to control costs.

Comment Re:No more nukes (Score 1) 314

So how do you propose to have power then when you want it?

1. Storage. The price of Powerwalls is going down, and we are making progress on grid-scale storage.
2. Long range transmission. The wind is always blowing somewhere.
3. Demand shifting. Vary the price of power to fit the supply. I have a smart meter, and I pay more for day power than for night power. So I run the clothes dryer and dishwasher after 11pm (using the delay feature). My wife has programmed her Tesla to charge at 2:30am. Smarter appliances will make demand shifting easier.

Comment Re:Seems stupid... (Score 2) 191

you have proof of your assertion about white vs. black teen date-rapists.

There is no such thing as "proof" in the social sciences, but if you want evidence, then you can start here and follow the links. Blacks are discriminated against at every step of the process: they are more likely than whites to be arrested for comparable crimes, they are more likely to be prosecuted, and once convicted, they receive harsher sentences.

Maybe black rape is more prevalent and at earlier age....

Or maybe it isn't. You have provided no evidence either way.

Comment Re:Seems stupid... (Score 4, Insightful) 191

52% of rapists are white

No. 52% of convicted rapists may be white, but conviction rates vary widely by race even for the same crimes. A white teenage date-rapist is much more likely to "get away with it" than a black guy.

83.5% of the population is white.

Wrong. Whites are about 72% of the population. This isn't 1960.

None of which is good, but those are the facts.

Yup. Other than being wildly inaccurate and misleading, those are indeed the "facts".

Comment Re:Amazingly facile (Score 1) 332

No, but you could easily argue that the relatively free trade we engaged in even in the 70's and 80's was as much a "government-run program to import foreign goods" as the H1-B program.

That would be a silly argument. The freedom to trade is the natural order of things. It requires government action to prevent people from trading. Likewise, the freedom of people to travel is a natural right, and the H1-B program is designed to restrict that right by putting limits on who can come and how long they can stay.

Comment Re:Dey tek er jebs! (Score 1) 332

how do you explain that trade and prosperity have, at every point in history, gone hand in hand?

Trade increases prosperity, but it also increases inequality. There is plenty of prosperity in America, but is mostly going to highly skilled people and people that own capital.

So what is the solution? Many people, including Donald Trump and Bernie Sanders, think the answer is protectionism. But that has been tried, mostly unsuccessfully, many times before, and falls into the category of "simple, obvious, and wrong". Liberals tend to say the solution is "education", partly because they see that as the solution to everything, but government promoted education schemes don't have a good track record of getting people into jobs. Taxes on the rich to fund handouts for the poor, kills initiative, and is a political non-starter in America. There are no easy answers.

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