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Comment Re:Relevant xkcd (Score 2) 192

How about being stuck on a road in a snowstorm without communication? There are reasons why we shouldn't disable people's phones. I would argue for nagware - every hour, have a message pop up telling you there is a safety issue and asking you to return your phone to a Verizon store for a free replacement or something. Seems like a good balance between keeping devices safe and people losing critical communication.

Comment Value in stock vs. cash (Score 1) 67

Yeah but his current valuation is based on his stock position with Facebook stock. There is no way, for example, that he could sell all of his stock at current market value without crashing the value. So if the offer from Microsoft was a cash offer, that may have been a much better bargain IMHO.

Comment Re:I've got 2 problems with a digital wallet (Score 3, Interesting) 206

Agreed. And the important point is that I don't trust my phone, or any of the equipment the retailer is using. I know that my credit card company / bank trusts my phone to allow the NFC transactions, and that's all I need to be indemnified by federal law and limited to $50 max damages by the Fair Credit Billing Act.

Comment Tax avoidance vs. Tax evasion (Score 5, Insightful) 579

It's important to understand the difference between tax avoidance and tax evasion. Tax avoidance is taking all the deductions, programs, etc. you are entitled to under tax law. We would never expect an individual to not take a tax deduction or child credit etc. because they have "courage". That's just bad personal finances. Tax evasion, on the other hand, is illegally trying to avoid paying taxes you owe. For example, lying on your tax forms.
I have no problem with Apple doing legal tax avoidance, and all their investors (including a lot of your personal retirement plans, etc) would agree. Anything else would not be patriotism, it would just be bad finance practice. If they're doing something illegal, that's another issue. But let's not slam a corporation that is legally following tax law. Instead, let's slam legislators and encourage legislation to close tax loopholes and simplify the tax code.

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Karl's version of Parkinson's Law: Work expands to exceed the time alloted it.

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