codexon

93 ms·

961.
by codexon 17y ago
I don't choose to consume them. Many people choose to consume them because they are manipulated by advertisement and unreasonable societal norms. If the wage of these workers were doubled, no one in the US would notice. Do you really scruti
962.
by codexon 17y ago
How did the Japanese empower the KMT? When the Japanese left Taiwan after WW2 the incumbent Chinese government (KMT) took over. How did they actively help the KMT in any way? I already explained this. They appropriated land, crops, and po
963.
by codexon 17y ago
That's not what I said, please to be not putting words in my mouth? kthx. You are trying to one-up illumin8 to support your argument that sweatshop labor was good. This is the gist of your argument: Your parents suffered even more and sa
964.
by codexon 17y ago
This sounds like the old "walking uphill bothways" tripe to me: My father/mother/uncle lost a limb/eyeball/lung and were happy about it too, so they shouldn't even complain. Sweatshop trinkets are not a requirement for industrialization o
965.
by codexon 17y ago
> It sounds like your beef is with the KMT, not the Japanese The Japanese were the ones who empowered the KMT, and they were the ones who took away the crops. They were so empowered by the Japanese, it took several decades before poli
966.
by codexon 17y ago
I have relatives in Taiwan and you are grossly exaggerating the situation to support your argument. > Okay, my mother worked as a child sweatshop laborer in Taiwan in the 60s, before the country bootstrapped itself out of abject, agrar
967.
by codexon 17y ago
Lower bandwidth consumption is good for consumers too.
968.
by codexon 17y ago
You are correct. I meant to say that founders usually have a different class of stock that has more voting rights, rather than higher liquidation preference in case of bankruptcy.
969.
by codexon 17y ago
If shares of your company were undersold and you lose controlling interest in the process, that is your own fault. Founders usually have a different class of stock which has more voting rights per value. This is like an employee accepting a
970.
by codexon 17y ago
If your company is happens to have a board that doesn't include you, you either 1. Already sold your company. 2. Didn't really contribute to its founding.
971.
by codexon 17y ago
A boss can fire you even if you are bringing in a profit. All it takes is 1 bad day, or a mistaken belief that someone from India can do the same job for half the price. If you are the owner, it doesn't matter if one or two customers are ha
972.
by codexon 17y ago
I think your suggesting (as far as I can tell) is that GS forced the government to give out money (through their political connections). This is very much the case. To open an account at Goldman Sachs, you must invest at least $10 million
973.
by codexon 17y ago
That was when the market meltdown was already apparent. Those collateral calls from 2007 to 2008 amounts to a minor 2.5 out of 13 billion. $2.5 billion did not make AIG insolvent. $13 billion did. The source is from Burry, the first person
974.
by codexon 17y ago
Uh...your whole argument was that GS was doing daily collateralized transactions and were going about their business as usual. I just proved this was wrong. If GS withdraws all the money in one go, this was not a day to day transaction. And
975.
by codexon 17y ago
We will never see another depression driving down living standards to the level of the 1930s due to technology. But a relatively similar percentage reduction? Quite likely. I would say that this depression looks quite similar to the beginni
976.
by codexon 17y ago
It's much worse when you let one person (even the president) do the picking.
977.
by codexon 17y ago
Collaterized contract isn't an option. It's a daily swap of the market-to-market exposure. update You are wrong. Goldman did not demand collateral from AIG because they had a AAA rating. http://www.nytimes.com/2010/04/04/opinion/04burr
978.
by codexon 17y ago
http://gawker.com/5486554/mark-zuckerberg-will-personally-ha... Let's start with a December 7th (IM) exchange Mark Zuckerberg had with his Harvard classmate and Facebook cofounder, Eduardo Saverin. "They made a mistake haha. They asked m
979.
by codexon 17y ago
Actually yes, that is exactly what I am saying. And just so you know, the chairman of the Fed is Ben Bernanke, who has never been part of Goldman Sachs. The fact that Goldman is so successful is because Goldman members like Henry Paulson ar
980.
by codexon 17y ago
A credit default swap is insurance on a bundle of loans being defaulted on. Being collateralized doesn't change the facts. Goldman had the choice to exercise the option right away. It wasn't because they were forced to do so because the con
981.
by codexon 17y ago
it is criticizing Goldman for enforcing it's contracts with AIG It is nowhere near the financial norm to expect companies to have the government pick up the tab for failed counterparties. Why can't people criticize Goldman for doing that?
982.
by codexon 17y ago
1. When anyone loans money or buys an insurance policy, they are subject to counterparty risk: http://www.investopedia.com/terms/c/counterpartyrisk.asp What is evil is that if it was you instead of Goldman Sachs, AIG would have paid you p
983.
by codexon 17y ago
This is an interesting turn of events. Just 2 weeks ago when this story popped up on HN recommending unpaid interns ( http://news.ycombinator.com/item?id=1202168 ) I thought it may have been legal, but now we know where the lawmakers stand.
984.
by codexon 17y ago
Would you have to revoke your US citizenship and become a European citizen to do this legally?
985.
by codexon 17y ago
Is this Ted Dziuba's startup? I just tried a search in my area and it only came up with 1 item. It doesn't seem very useful so far.
986.
by codexon 17y ago
Before the SAT changes in 1994 that made them worthless I've heard this a couple times, but there is not much reasoning to back this up. Having taken the SAT after 1994 and receiving a high score, I think it is a bit disingenuous to claim
987.
by codexon 17y ago
I recorded a list of issues that may prevent you from using Cassandra as a general purpose website storage right now. http://www.codexon.com/posts/is-cassandra-ready-yet It appears as though Ted's complaint about needing to restart Cassan
988.
by codexon 17y ago
Switching back and forth between Mongo and SQL is not without technical cost. The syntax and semantics are quite different and translating complex queries to map/reduce is also a problem.
989.
by codexon 17y ago
That sounds like the definition of any job. As a janitor, your job is not to mop floors. Your job is to clean messy problems.
990.
by codexon 17y ago
It has to be somewhat large and noticeable. If its too small people won't even notice it.

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