jeromec

35 ms·

271.
by jeromec 16y ago
Wow... I think I've got it all, but could you give an example of who would be a "servicer"?
272.
by jeromec 16y ago
Right, okay... so let's say I walked into my local bank and took out a mortgage, which was then sent to Bear Stearns, which then collapsed. JP Morgan Chase bought those assets, so I guess my mortgage would now be held by JP Morgan Chase...
273.
by jeromec 16y ago
I'm not sure how you could ever manage to make $100 billion in government borrowing or spending not 'political'. Because this $100 billion is not being borrowed or spent. The borrowing has already occurred and has been spent (in this case
274.
by jeromec 16y ago
In this case the shareholders are U.S. taxpayers due the dividends. So, let's say profits amount to 100 billion, and divide that by 300 million Americans. That's about a $333.00 rebate check. That certainly could help as economic stimulus.
275.
by jeromec 16y ago
I'm trying to reply to this in a way which doesn't turn this political. The national debt will not be brought under control until government spending policy reflects that. Putting that money on the national debt is like paying down the cred
276.
by jeromec 16y ago
Yes, you're correct. The Fed I believe was forced to purchase many of the toxic securities directly. Many people don't understand just how severe and dire the situation was. One thing I'm not quite clear about is what happens at the individ
277.
by jeromec 16y ago
The U.S. Treasury stepped in to prop up the banks (i.e. the financial system) with the Troubled Asset Relief Program or TARP. This was essentially taxpayers loaning money to banks in trouble which were threatening to bring down the entire f
278.
by jeromec 16y ago
By the time the government exits all the ownership stakes acquired by the bailouts -- banking industry, auto industry etc. -- there could be 100 billion plus in profits. That should go directly and immediately to more economic stimulus, to
279.
by jeromec 16y ago
Badgeville is going to be huge. For some reason game mechanics really can affect user on-site behavior. For example, HN would still probably be just as awesome as it is without the karma counter, but there is something about having it there
280.
by jeromec 16y ago
I thought it would be fun to judge along with the real judges and this was my winner too, although it was tough. The strongest companies for me at first were pinger, cloudflare, and badgeville. I thought those companies just had tons of pot
281.
by jeromec 16y ago
Really, really nice. I can see myself using this, as a peeve of mine searching Amazon for books was certainly the horrible UX. First big suggestion: please, please, include some way to scroll for more search results. Also, like another comm
282.
by jeromec 16y ago
With due respect, HN is not meant to be a source of tech news. From the site guidelines: On-Topic: Anything that good hackers would find interesting. That includes more than hacking and startups. If you had to reduce it to a sentence, the
283.
by jeromec 16y ago
Wow, nice! I got #15 wrong too, along with 4, and 6.
284.
by jeromec 16y ago
I got 12 out of 15 correct, trying not to take too long figuring out the answers.
285.
by jeromec 16y ago
Interesting results. I think atheists/Jewish people perform best because these are the two groups most likely to encounter defensive conversations on the subject of religion? I know I learned a lot more about other religions and the concep
286.
by jeromec 16y ago
Your replied to "They are seeking the ability to tap anything they want, any time they want" which is unfettered wiretapping with "You really think a world with no law enforcement is a better one?" I am talking only about the ability of th
287.
by jeromec 16y ago
Of course law enforcement is necessary. But you've jumped and equated resisting unfettered wiretaps to a world with no law enforcement. That's the same kind of broad stroke generalization that gets our rights trampled, like they were in the
288.
by jeromec 16y ago
A couple quotes from Thomas Jefferson: When the people fear their government, there is tyranny; when the government fears the people, there is liberty. I would rather be exposed to the inconveniences attending too much liberty than to th
289.
by jeromec 16y ago
Agreed. Their argument is they are trying to better protect us: But law enforcement officials contend that imposing such a mandate is reasonable and necessary to prevent the erosion of their investigative powers. ... "We’re not talking exp
290.
by jeromec 16y ago
Someone, a person who was at the meeting informed Arrington about the negative purpose of the conversations. So either that person was lying to Arrington and Arrignton to the readers or Sacca is telling half truths. Look at the first repo
291.
by jeromec 16y ago
Keep in mind Michael Arrington said he talked to three different people who were at the meeting. It's possible David Lee was one of them. I have a hard time believing all Angels assembled were comfortable with the direction the meetings app
292.
by jeromec 16y ago
I agree any news we receive right now will have a gossip feel to it. Nobody is under oath, after all. However, I think we can learn some relevant (even if speculative) information from those closest to the situation.
293.
by jeromec 16y ago
AngelGate is actual news. It may not be a story broke by CNN, or which appeals to their audience, but it involves real money, people, and laws. Apparently, the Federal Bureau of Investigation is now involved. This is not some frivolous go
294.
by jeromec 16y ago
Another possibility: David Lee is the leak. It may have been Ron Conway suggesting he attend to see what was going on. Even if he isn't the leak I tend to think David Lee was there simply to find out what was happening for SV Angel, not hav
295.
by jeromec 16y ago
You're right, the OP and I have the same position. I read the comment quickly and focused on the "Anyone have any experience as to why this is good/bad?"
296.
by jeromec 16y ago
I have a hard time seeing how companies creating agreements to help reduce competition for employees is a net good. If you're an employee who has invested money and many years building up skills and education to become valuable to compani
297.
by jeromec 16y ago
Whatever he was arrested for looks like it was worth it.
298.
by jeromec 16y ago
Very good interview. I think it's smart that he is not underestimating Bing. Mr. Schmidt also has great comments clarifying Google's position on the net neutrality announcement with Verizon (about 12:00 mark).
299.
by jeromec 16y ago
TL;DR: Michael Arrington of TechCrunch is tipped off a bunch of top Angels are meeting in a bar, but he isn't welcome. He drops by since he knows them, but is met with guilty silence. Upon digging he is told the Angels are meeting to (illeg
300.
by jeromec 16y ago
Think of the stock market. That's certainly a marketplace. It's made up of investors seeking to earn a return on their money by investing in companies. Think of the illegalities involved in collusion to manipulate the stock market. Now thin

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