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Comment Re:Seriously? (Score 1) 255

"- If the federal reserve dramatically raises interest rates, the interest on the massive national debt will skyrocket. The government will meet payments by issuing more debt (how else?). This will lead to more inflation, not to the dollar "hitting the moon""

If the federal reserve dramatically raises interest rates, the interest on the existing massive national debt will not change one bit. The coupon rate on US Treasury bonds is fixed for the life of the bond and cannot be changed, not even by an act of congress.

The only thing that will change is the coupon rate on newly issued debt. The current coupon rate of newly issued short term bonds is 0.00%, and the only yield investors are realizing is that which is obtained by purchasing the bonds at a discount to face value.

Comment Re:Waaa waaa waaa (Score 1, Insightful) 62

Umm, CNN is the reason that Millennials stayed home instead of voting for Hillary. CNN trashed Bernie throughout the entire campaign with lies and deception at the behest of the Clinton campaign. Unfortunately Millennials will believe anything they are told by "reputable" left-leaning journalism outfits like CNN.

You think I'm for Trump, and you're mistaken. Trump terrifies me, like he should terrify the legions of mouth-breathers who put him into office.

You are foolish to think that anyone who doesn't toe your particular line is necessarily against you. Your kneejerk reaction to my post, accusing me of being a Trump supporter, is ignorant, foolhardy, and outright stupid.

Comment Re:Some hope (Score 1) 382

1) Might happen
2) Might happen
3) The centerpiece of his victory speech
4) Won't happen
5) Won't happen
6) Won't happen - see also #3
7) Sure as shit won't happen
8) Won't happen for the same reason we can't build pipelines, new power line rights of way, or any other new infrastructure: NIMBYism

Comment Wow, did I just read that? (Score 1) 562

Translation:

"We can't create a culture that says it cares about diversity and then excludes almost half the country because they back a political candidate," Zuckerberg wrote. "There are many reasons a person might support Trump that do not involve racism, sexism, xenophobia, or accepting sexual assault."

"We can't create a culture that says it cares about diversity and then excludes almost half the country because they back a political candidate," Zuckerberg wrote. "There are many reasons a person might support Trump, but those that do are racist, sexist, xenophobic, and accept sexual assault."

Comment FFS, it's not "University" of Georgia Tech (Score 1) 79

For crying out loud, you'd think Slashdot editors could get correct the name of a top 10 national engineering program.

It's "Georgia Tech," or "The Georgia Institute of Technology." It's not "Georgia Tech University," "University of Georgia Tech," "The University of Georgia at Atlanta," or "The Georgia Technological University."

Facebook

US Tech Firms Urge Congress To Allow Internet Domain Changeover (reuters.com) 128

Dustin Volz, reporting for Reuters: Major technology companies including Facebook, Google and Twitter are urging Congress to support a plan for the U.S. government to cede control of the internet's technical management to the global community, they said in a joint letter dated on Tuesday. The U.S. Commerce Department has primary oversight of the internet's management, largely because it was invented in the United States. Some Republican lawmakers are trying to block the handover to global stakeholders, which include businesses, tech experts and public interest advocates, saying it could stifle online freedom by giving voting rights to authoritarian governments. The years-long plan to transfer oversight of the nonprofit Internet Corporation for Assigned Names and Numbers, or ICANN, is scheduled to occur on Oct. 1 unless Congress votes to block the handover. The California-based corporation operates the database for domain names such as .com and .net and their corresponding numeric addresses that allow computers to connect. In the Sept. 13 letter, a copy of which had been reviewed by Reuters before it was sent, the technology companies said it was "imperative" that Congress does not delay the transition.

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