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Comment Order more food when someone else is paying (Score 1) 187

All the crappy and /or for profit colleges will find any reason to admit more students when government pays. Who loses when unqualified students pick the easiest majors and end up with a useless degree that doesn't help them find a job? The graduate buried in debt? The taxpayer whose funds were already spent?

Comment Is internet billed differently in Korea? (Score 1) 87

I see everyone bringing out the pitchforks before asking the right questions. In America, most broadband does not have a data cap, but instead, a speed cap. Some contracts, especially in phones, will be unlimited until X data usage, and then speed is throttled from that point on until the next month. If other OTT's in Korea pay a similar fee, it's likely that the general billing / pricing / data / speed / limits in Korea are a bit different than what we're used to. I'd like to know a bit more about how they do things.

Comment NY soon learn why the unbanked are unbanked (Score 2) 161

People are denied bank accounts because of irresponsible behavior. Overdrafting their accounts and leaving the accounts in the negative. (AKA borrowing money and not paying it back). Depositing bad checks, withdrawing money, leaving accounts negative after it doesn't clear. The unbanked are good candidates for things like prepaid gift cards, which provide no credit and can already be purchased by anyone. Some can be reloaded remotely. The reality is that the unbanked don't want to use them.

Comment Just move servers? (Score 2) 58

With so many cloud options available, what stops a company from picking a different data center from the various choices offered by Amazon's locations or a different provider? I think many people forget that Google / Netflix / etc isn't one server. Everyone in the world performing a search or watching a video gets routed to the fastest server, meaning the physically closest. I still think the internet is fine right now. Let's not mess it up by introducing laws no one understands. The time to do that is when something is permanently broken.

Comment Re:It's the (local) economy, stupid (Score 1) 130

25K jobs of 150K average salary results in large amounts of income taxes for NY and NYC. Does it really matter what the name of the tax is? NY would have benefited greatly in terms of new tax revenue. What exactly were the local taxes Amazon wanted? Were they on the corporate level? How much would that have been compared to the income taxes?

Comment Incompetent journalist (Score 1) 170

One day, I hope to live in a world where journalists understand what they're writing about. Corporate taxes are paid on profits, not revenue. If you choose pay your workers more, it means corporate profits go down. That means more income tax and less corporate tax. Just trading one tax for another.

Comment Re:Morons. (Score 1) 458

If the gas was cheap, many would buy it. So they would have gas. With the price gouging the prices are exorbitantly high, so few can obtain it.

You have it completely backwards. The same amount of gas is sold regardless of the price since there's a shortage. If gas was cheap, a few people would buy a lot of gas. If you were first on line and you knew you might not get more, you'd buy extra "just in case". If gas was expensive, you end up with a lot of people buying small amounts of gas. You would buy exactly what you think you'd need and not a penny more. In either scenario, the total amount of gas is constant. The difference is the number of people who have gas, and the amount that each person has.

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