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Comment Re: The Obvious Question (Score 1) 24

Paypal was never prohibited from becoming a bank. They remained not-a-bank because they believed it was a more profitable arrangement. They have now apparently changed their mind, and in my view they're many years late in that decision. Other startup financial services companies have been nipping at their heels harder and faster in the last couple years. Recent politics and are mentioned in the same story but it can not be concluded that these are directly related.

Comment Re:Dumbing down (Score 2) 118

PBS is primarily (85%) privately funded. It will continue to produce shows like Masterpiece, Nova, Frontline, and Sesame Street and people in places like Boston or Philadelphia will continue to benefit from them.

What public funding does is give viewers in poorer, more rural areas access to the same information that wealthy cities enjoy. It pays for access for people who don't have it.

By opting out, Arkansas public broadcasting saves 2.5 million dollars in dues, sure. But it loses access to about $300 million dollars in privately funded programming annually.

Comment Re:Crrot and Stick (Score 3, Interesting) 128

Industrial R&D is important, but it is in a distrant third place with respect to importance to US scientific leadership after (1) Universities operating with federal grants and (2) Federal research institutions.

It's hard to convince politicians with a zero sum mentality that the kind of public research that benefits humanity also benefits US competitiveness. The mindset shows in launching a new citizenship program for anyone who pays a million bucks while at the same time discouraging foreign graduate students from attending universtiy in the US or even continuing their university careers here. On average each talented graduate student admitted to the US to attend and elite university does way more than someone who could just buy their way in.

Comment Re:Economic terrorism (Score 1) 205

Republicans equate being pro-market with being pro-big-business-agenda. The assumption is that anything that is good for big business is good for the market and therefore good for consumers.

So in the Republican framing, anti-trust, since is interferes with what big business wants to do, is *necessarily* anti-market and bad for consumers, which if you accept their axioms would have to be true, even though what big business wants to do is use its economic scale and political clout to consolidate, evade competition, and lock in consumers.

That isn't economics. It's religion. And when religious dogmas are challenge, you call the people challenging them the devil -- or in current political lingo, "terrorists". A "terrorist" in that sense doesn't have to commit any actual act of terrorism. He just has to be a heathen.

Comment Re: Read my post again (Score 1) 145

It's important to note that over the last 15 years, cumulative U.S. inflation has been on the order of about 45â"55% depending on which exact months you choose and which price index you use. College prices have risen faster than inflation but everything is more expensive too.

The library is most likely benefiting from volunteer labor to run the program and take care of the machines. The university has to pay someone for that. Completely changes the way the services are offered since there are real costs of labor.

Comment Re: Don't worry they are screwed (Score 1) 28

Web search is trending on a path similar to TV. At first, TV was free with no ads. Very quickly ads were introduced. Then came cable TV where you could pay and watch ad-free. Fairly soon after that cable TV had ads too. Then streaming did the same thing. The quest for every-increasing profits will have the same end result for paid search, eventually.

Comment Re:Old News? (Score 2, Informative) 145

Just put it in context: Today Russia struck the Pechenihy Reservoir dam in Kharkiv.
Russia launched the war because they thought it would be a quick and easy win, a step towards reestablishing a Russian empire and sphere of influence, because Putin thinks in 19th century terms. Russia is continuing the war, not because it's good for Russia. I'd argue that winning and then having to rebuild and pacify Ukraine would be a catastrophe. Russia is continuing the war because *losing* the war would be catastrophic for the *regime*. It's not that they want to win a smoldering ruin, it's that winning a smoldering ruin is more favorable to them and losing an intact country.

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