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Comment Re:Typical American Response. Ignore the real prob (Score 4, Insightful) 146

OK, you're (or your friend's) fundamentally confused.

1) Most of the people defaulting on loans are not, in fact, minorities.

2) All the anti-discrimination provisions of federal housing law are public. Try http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea08.shtm for a start. None of it has anything in it about lowering standards, only prohibiting discrimination.

3) People can accuse of discrimination all they want; if they can't prove it who cares? There's no way defending those cases would be as expensive to mortgage companies as having the loans blow up.

So, sorry, but this problem cannot be blamed on the economic actors in the situation who had the LEAST control over what was happening. Aim Higher!

Feed Engadget: Reminder: get in your nominations for the 2007 Engadget Awards! (engadget.com)

Filed under: Announcements


Just in case you missed it: we're in the process of collecting nominations for the 2007 Engadget Awards, and we're asking for your nominations! If you've never seen a gadget in a Stella McCartney gown break down in tears thanking its development team on live national television, well, it's really something to behold -- don't deprive your favorite devices the opportunity.

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Feed Techdirt: The Myth Of The Bandwidth Crunch Just Won't Die (techdirt.com)

A few months back we noticed a trend. Whenever we heard fear mongering reports about the internet running out of capacity, they almost always came from folks who weren't technologists. Instead, they tended to be telco business folks, lobbyists or politicians. When it came to actual technology people who had real experience and real data concerning what was happening on the network, we would see over and over and over and over again that the "threat" of a bandwidth crunch is pretty much a myth. We're not running out of bandwidth, and the ongoing upgrades to the network should be able to handle whatever growth comes along. There's no reason to panic... yet, that's not the message that the telcos want you to hear. After all, it's in their interest to work up fears of internet capacity problems so that politicians will pass legislation providing them with subsidies or other unnecessary benefits.

So, when Broadband Reports pointed us to an op-ed piece in the Boston Globe by a Harvard professor talking about the coming bandwidth crunch and the need to switch to metered pricing (another telco favorite, after they were too clueless to accurately predict that unmetered pricing would lead to more usage), it wasn't difficult to guess that she didn't have a technology background. Instead, it appears her background is entirely in public policy. There's certainly nothing wrong with folks looking at this issue from a public policy position (in fact, it's important). But, before they claim that the internet is running into trouble, shouldn't they look at what those who actually have the data have to say about the matter?

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AMD

Submission + - AMD previews new processor extensions

An anonymous reader writes: It has been all over the news today. AMD announced its "x86 extensions for parallelism", a series of x86 extensions to make parallel programming easier. The first extension are the so called lightweight profiling extensions [that] would give software access to information about cache misses and retired instructions so they can optimize data structures for better performance. The specification is here and it has much wider applicability that parallel programming. It can be used to accelerate Java, .Net and dynamic optimizers.

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