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Comment Re:Dumbing down (Score 1) 35

I watched all the stuff the GPP mentioned when I was young, and I actually watch a lot of PBS now; but not nearly as much and less and less all the time. Why because i am replacing it with youtube'ers who genuinely are better.

As great as Roy Underhill's or Norm Abrams' shows ever were, I learned more applicable wood working from Acorn to Arabella and Sampson Boat Co, or at least understood them finally. Same things with cooking, ATK is still amazing, and Julia and Pépin shaped me in the kitchen; but there is plenty out there now that is every bit as good and its not hard to find.

I loved PBS in the late 80s thru the late 90s, but the era is over.

Comment Re:Dumbing down (Score -1, Troll) 35

blah blah

is an incredible value for the money, said everyone defending every government dollar every time..

Certainly in the era before ubiquitous highspeed internet access and pick your self-publishing video platform, those things were great.

They are obsolete now. There is a time when even where you have found something that worked, the need is gone and it is time to stop doing it.

Comment No one... (Score 1) 110

... has forced american consumers to buy ridiculously oversized SUVs and pickups for the last 2 decades. The best selling car in the US? F150. Don't tell me someone living in the suburbs needs one of those gas guzzling and impractical (unless you really need to chuck half a ton of building material in the bed) vehicles. Manual trades yes, most people? No.

Comment No shit. (Score 1) 110

American automakers have to pay union wages and can't just dump trash in the nearest hole.

Chinese factories get to pay slave wages and dispose of their waste by declaring it some piss-ant peasant's problem.

Why anyone thought it was a good idea to outsource all of our manufacturing to these people is beyond me. Let me clarify: I understood full well why people here thought they could get rich off of it.

What I fail to understand is why the nominal guardians of American freedom and prosperity, left right and center, allowed it.

Was it greed or corruption? Maybe.

My bet is on stupidity though.

Comment Re: Trying to corner the market (Score 1, Interesting) 110

China has been manipulating the lithium market the same way they've been manipulating the rare earths market (ie, poor environmental standards and anti-competitive practices by trying to build a monopoly). No other car company can acquire batteries at the same low cost as Chinese car producers. As soon as the supply chains are fixed (for both lithium and rare earths) this won't be a problem anymore.

China's dumping practices are well documented in the car industry. They overproduced and are now selling below cost.

Comment Re:Here's the simple explanation (Score 2) 16

From a technical standpoint your are correct. From a practical standpoint there is something we all are not seeing.

The industry has customers that place a lot of value on relative anonymity. There isn't anything inherently illegal, immoral, or wrong with 'dark money' either it really isn't anyone's business what anyone else invests their personal wealth in. (beyond basic tax law enforcement etc, which yes privacy does complicate)

The industry also must certainly be aware they make quite a lot of money off players who are in fact sanctioned, using their platforms in complex laundering schemes and the like.

I don't see anyone who is running and IB, brokerage, or exchange wanting to just make all that go away. Maybe I am to cynical but if the people in those positions were really the types to say "hey we are willing to make less money, for the greater good" well there are at lot of things like know your customer standards and the like they'd have beefed up voluntarily already.

So I am left with there is a plan here we have not seen yet, like charging premiums for coin blending services or other various proxy ownership games like invite only trading of in house assets off chain.

One thing I am certain of nobody is trying to give the SEC radical transparency out of the goodness of the big hearts

 

Comment Re: The Chinese Way (Score 0) 58

This thinking requires the ability to disassociate the individual from the stereotype of the group to which he or she may bear superficial resemblance.

Human history and current events keep telling us that this behavior is not natural; it must be learned. The unthinking default is to lapse into tribalism.

Comment Re: The Chinese Way (Score 1) 58

Part of me thinks they actually, truly, believe that making the distinction at all is immoral.

I don't really get it either* but Occam's Razor and all.

*I have a conjecture though: it's rich kids who do this, and it's because in their entire lives, they've been surrounded by immigrants who are either their peers or their servants. The concept of dysfunction existing abroad and sticking to many who come here unfiltered is just alien to them.

Comment Not much different from disclosing paid actors (Score 0) 24

This really isn't any different than requiring advertisements to disclose the use of paid actors. I can see it running into a few problems with internet advertisements though. I'm not sure it really matters though. Some people will buy stupid crap regardless of what kind of labels or warnings are put on something.

Comment Re:my 2c (Score 1) 64

I dunno. They make decent enough output for shitposting on social media. While there is a certain amount of delight to be had in coming up with a clever limerick about someone's mother, some people really aren't worth the effort. The AI can do it well enough in a few seconds though.

I'm not sure I'd use it for any productive work though. Of course not everything has to be for work though either.

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