benohear

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121.
by benohear 16y ago
I find that statement a bit weird. Germany are on the hook for something like 120 billion in this bailout. That's €1500 for every man, woman and child in the country. And that's after essentially funding the EU for the past 20 years. Though
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by benohear 16y ago
Until 2002 it was actually going down. Then the increase was moderate and it finally exploded in the 2007 recession.
123.
by benohear 16y ago
I think both are true: Those countries do not have their affairs in order and it is also propping up the banks.
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by benohear 16y ago
But which is actually worse off right now? If the currency markets are anything to go by, the GBP has sunk from 1.5 to 1.2 Euros, and that's after the beating the Euro has taken in recent months.
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by benohear 16y ago
The way the Norwegian law sounds is that the claim gives Sony an automatic temporary injunction while the matter is clarified, which doesn't seem completely unreasonable. The question then would be on who is it incumbent to prove whether an
126.
by benohear 16y ago
Google likens it to the digital equivalent of Bing leaning over during an exam and copying off of Google’s test. Isn't that basic classroom solidarity?
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by benohear 16y ago
Since there is discussion about the upcoming bubble 2.0, I thought this article was worth a read. To give a bit of context, at the time Buffett was one of the few people who would not join in the frenzy and was heavily criticised for it. Th
128.
Warren Buffett on the Stock Market [1999](money.cnn.com)
2 points by benohear 16y ago|1 comments
129.
by benohear 16y ago
I just re-read your comment and realised I read "find a good bet" where you wrote "be a good bet". That's actually great advice and my previous answer makes no sense now.
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by benohear 16y ago
I suppose the thing to spot was the change in leadership. Oh, and that Jobs wasn't the washed up has-been that everyone (including myself) thought he was. I guess that follows Y Combinator's approach of looking at the team rather than the p
131.
by benohear 16y ago
It is truly astonishing how much Jobs got right. I'd forgotten about the clone market killing and the Microsoft deal, both of which seemed like suicide at the time, albeit for different reasons.
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by benohear 16y ago
Sure, it feels great when it's in bubble phase, which is kind of the whole point. I was in Ireland just before the last bust and all my cousins and aunts would be dispensing pearls of wisdom such as "you never lose on the housing market in
133.
by benohear 16y ago
Isn't there a direct contradiction between not participating and "finding a good bet and raking it in"? EDIT: Also, I'm not sure "not participating" works anymore. The last bust was not paid for by people gullible enough to buy into it, but
134.
by benohear 16y ago
It's not a conspiracy theory, it's a caricature.
135.
Busting the Myth of the Giant Green Button(uxmag.com)
2 points by benohear 16y ago|0 comments
136.
by benohear 16y ago
No shit. My take on boom and bust is: - Boom is the process by which the money of the middle classes is transferred to the top few % - Bust is when they announce that the transfer is complete
137.
by benohear 16y ago
That's not quite what I meant. I was referring to the value your employment adds to the company, not the sales value of the final product. And yes, that's extremely difficult to evaluate, but it seems to me that on average everyone has to b
138.
by benohear 16y ago
That's one of the main reasons I recently decided to go for a Thinkpad over a Mac. Untill SSD prices drop, the dual drive seems like the best strategy (512MB SSDs are way too expensive), and I really didn't feel like doing DIY on a brand ne
139.
by benohear 16y ago
One issue with the quad core is heat, as those are 45W TDP. I was recently looking at a Lenovo W510 (main attraction: 16GB RAM), but the consensus seemed to be that as soon as the processor was put under stress it overheated which in turn c
140.
by benohear 16y ago
I think the NatWest system is pretty solid: 1. UserID is your date of birth and some random-ish number appended 2. It asks for three random characters from your password and your PIN 3. For any transaction you have the chip-card-plus-calcul
141.
by benohear 16y ago
Is it implausible? Could you not set up some kind of honeypot machine and then monitor it's activity once it's been zombie'd? (Genuine question - I'm definitely no expert on the topic).
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by benohear 16y ago
Where's China?
143.
by benohear 16y ago
But then you don't have a car when you land
144.
by benohear 16y ago
I have a theory: In the good ole days, taxation consisted of the lord owning the land (the means of production) and taxing the peasents. This is pretty much what happens when you're employed - someone else owns the means of production, and
145.
by benohear 16y ago
By the way, as I understand it, there's a difference between "the whole industry" and "the industry as a whole"
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Flying cars finally lift off(guardian.co.uk)
3 points by benohear 16y ago|3 comments
147.
by benohear 16y ago
The way the bailout was sold to us was that if these failing institutions were allowed to collapse, they would have brought down the rest with them. I actually hold that to be true and for me that equates to an overall failure of the indust
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by benohear 16y ago
No, I'm saying the industry as a whole failed.
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by benohear 16y ago
It depends a wee bit on how you got rich. Taxing the financial industries close to 100% wouldn't strike me as punishing success.
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by benohear 16y ago
How about land ownership being allocated according to the size of your tax bill?

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