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Comment Re:This confirms my previous speculation (Score 2) 453

That's IF there's a bombshell in there that's sure to ruin Hillary. If it's just mundane stuff (my bet), it will only hurt Hillary (who would now have to deal with "Climategate"-style hyper-scrutiny over every little comment that can be framed as remotely incriminating) and help Trump. Worst of all would be if there's something bad in there but not bad enough to hand Sanders the nomination, that could threaten to hand Trump the win over Hillary.

If there is a bombshell you'd be right.

I think Assange knows better than to help Trump, the only question is if the blood has drained from the higher-functioning parts of his brain because his ego has a boner.

Comment Re:If this is true... (Score 4, Insightful) 105

More seriously, he made a large number of enormous mistakes, here are the biggest:

1. Looks like his real name was on the goddamn hosting for KAT. Perfect job for an anonymous shell company held by a Russian lawyer, but instead he left a business card on a neat little stand at the crime scene.

2. Not separating his real name completely from his identity as KAT admin OR his casual pseudonym. He should've created a completely new identity for the KAT admin that doesn't touch any others with a 30-foot pole.

3. Apparently he thought Canada was a good place to host the servers safe from the reach of US lawmen. Such a US-unfriendly place this is, that he felt confident storing incriminating info on the server for some reason.

4. Insufficient money laundering. He even could've accepted ad payments in Bitcoin. Really, he put less effort into laundering criminal proceeds than your average 1%er puts into not paying taxes.

5. Being on Facebook never helps.

In short, he was running this operation almost completely in the open, relying only on the assumption that he couldn't be extradited and the obfuscation of naming the company Cryptoneat instead of KickassTorrents Inc. to keep his ass out of prison. Ross "You'll take payment in Bitcoin without a second thought, Mr. Mob Boss? Seems Legit." Ulbricht looks like a genius in comparison.

Comment Re:My brain hurts (Score 1) 183

True, electric motors lack torque at high revs, where "high revs" is in terms of what the motor can handle before it destroys itself. But they have massive, unyielding torque within a powerband similar to an ICE engine's *entire* rev range, you'd just need to run a gearbox to take advantage of that up to high speed (as Formula E cars do).

Comment Re:I'm totally shocked... (Score 1) 607

No I am talking about the wealthy as well, as seen in the first two links and easily found with a quick search for "wealthy cash hoarding." They're doing the same thing.

Also, we need to close the loopholes that let companies hide earnings overseas instead of making it easier for them to profit from these arrangements.

Comment Re:I'm totally shocked... (Score 0) 607

They stuff a lot of it into Swiss bank accounts, which is the closest banking industry equivalent of stuffing cash into a drum and burying it under the basement. They spend a some of it on high-end luxury goods (megayachts, supercars), where the money mostly goes to other 1%ers, with some going to small handful of ultra-skilled workers.

They're not spending much of their money, mostly they're sending it into economic black holes or tossing it above the reach of most of the population.

Comment Re:Standard of living (Score 1) 607

I think a new phone every 5 years is reasonable, that's what I've been doing, although I've stretched my current phone to 6 now. Older folks like to call young people wasteful for buying a new phone every year, and I'd say you are if you replace your phone that often, but saving the cost of even a high-end phone 4 years out of 5 sure as hell won't fix any adult's money problems.

Comment Re:I'm totally shocked... (Score 5, Insightful) 607

Ding ding ding!

The money didn't disappear, the world's wealthiest people are simply hoarding it. In the '50s and '60s when sci-fi writers predicted that we'd be working 2 days a week by now and have a better standard of living to boot, that math had only one minor mistake - it assumed that wealth inequality wouldn't massively increase, funneling all that wealth into a new class of hyper-royalty.

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