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Comment Re:Let's think about this for a moment... (Score 1) 52

There will be no nirvana if you aren't literally sitting on billions in assets as long as our current oligarchy capitalistic system remains in place. Collapse in market value will even pull the previous generation that was able to accumulate some capital value into the abyss. The endgame will be the favela-ization of the US economy with a tiny aristocracy of unimaginable wealth controlling virtually all property and the government apparatus and military, and the rest of the population at subsistence levels. As long as that is what the "market" decides, no harm, no foul...

Comment Re:1Password has one advantage over other PW manag (Score 1) 27

They compromised a session key of an insider, which could give them access to whatever internal tools they have, which could allow exfiltrating vaults. If they are secured with poor keys (which is likely for most people) they could be offline cracked.
This seems pretty bad, they don't appear to know what was actually accessed internally. The timeframe before they reset sessions was fairly short (a couple of days?)

Comment Re:That's nice, except... (Score 1) 158

He's been successful at getting the government to bootstrap his pet projects for free. It's not like Elon Musk invented cars and rockets, he has hundreds of very smart people who actually made all of that stuff work.

The whole Twitter debacle has exposed Musk as basically an autistic midwit, and demonstrates what happens when you give someone like that 100 billion dollars. Instead of curing cancer, he bought a thing so he could make millions of people read his thoughts on the Super Bowl.

Comment Re:Economy? (Score 4, Insightful) 305

This may surprise you, but GPS in-building penetration is zero. Whereas the longwave signals from WWV keep a clock I have in my basement synchronized. So yeah, GPS does a vastly better job at providing location, because that's what it's for, and pretty much is shit for providing cheap time sync.
Oh, and as of the 2012 budget, GPS operating costs were $2M ... *a day*.

The real issue here is that this is something that primarily provides a useful service for the little guy and doesn't have armies of lobbyists shilling it, so even if it cost $1.50/yr, let's cut it, because it's SOCIALISM.

Comment Why wait for fires (Score 1) 342

Send the Air Force out to carpet-bomb all the national forests. Once there aren't any trees, the wildfire problem will be solved for good. This will be good for the economy of companies that make bombs, and will probably cost less than the wall. This will also let Air Force pilots rack up "combat" flight time and pad their salaries. And finally, it shows the trees and wildlife who's boss in America.

Comment Re:ray-o-vac. (Score 2) 210

Thought you were wrong, but this basically just happened, the sale of Rayovac to Energizer Holdings just happened 3 months ago. Obvious move, Rayovacs were generally cheaper than either Energizers or Duracell, although I have had bad batches of batteries from them in the past. Now they'll be low quality batteries that cost just a tiny bit less than Energizers.

Guess it's Amazon Basics now.

Comment Re:That's a common fallacy (Score 2) 1014

The OP was pointing out that rich people tend not to spend a lot of time at McDonald's. So if you eliminate the wage tier that does go to McDonald's, the business collapses, automation or no automation because you can't turn thousands of fast-food restaurants into gourmet dining establishments for the wealthy.

Even in the Roman Empire, which was essentially dependent on literal slave labor, 30%-40% of the population were enslaved, and this in a literal plutocracy. So look on the bright side, even in the dream system for the wealthy, you have a better than even chance that you aren't a slave...

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