snake_doc

13 ms·

91.
by snake_doc 4y ago
> Forced labor as a proportionate punishment for a crime you were found guilty of by a fair trial is not a problem in my book. 97% of federal and 94% of state convictions are not convicted through a trial. They are convicted through pl
92.
by snake_doc 4y ago
Most prisoners are charged a per-diem for food and housing. https://www.npr.org/2022/03/04/1084452251/the-vast-majority-...
93.
by snake_doc 4y ago
I agree in principle. However, as a piece of empirical evidence, you can peruse the comments in this HN post. Compare comments that express outrage for child labor and outrage for forced prison labor. Some HN readers are clearly picking to
94.
by snake_doc 4y ago
Yes, refusal to work leads to more punishments that border on human rights violations. > they are required to work or face additional punishment such as solitary confinement, denial of opportunities to reduce their sentence, and loss of
95.
by snake_doc 4y ago
I think you’re think about the revenue functions for spot instances in isolation of the larger supply base of all instances. Spot instances are already a result of revenue management of a fixed supply base that increases in discrete increme
96.
by snake_doc 4y ago
> Across all AWS availability zones instances are mispriced by roughly $400/hr at any given time. This means that, with just a single instance of each type, Amazon is missing out on $200/hr or roughy $1.7 million each year. Thi
97.
by snake_doc 4y ago
Who are you? Where’s the reference for that definition? Under what authority and credentials? Where’s the proof such phenomenon exists?
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by snake_doc 4y ago
> IMO it seems petty and not something a government would do. By https://news.ycombinator.com/user?id=citilife Internet actor named "citilife" makes claims about "information laundering". Who is this
99.
by snake_doc 4y ago
Do you want more than a name and a organization? Would you like John’s home address? > Over a dozen airport websites were impacted by the "denial of service" attack, John Hultquist, head of intelligence analysis at cybersecurit
100.
by snake_doc 4y ago
Argument: > turning into an anti intellectual space where takes like "economics is not a science, it's a social science!" are the best we have to offer Evidence: VictorPath's reply > A bank taking an endowment awar
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by snake_doc 4y ago
The Federal Reserve and FDIC are both authorized by US government statutes. So it would be accurate to characterize them as government institutions. The FDIC is backed by the full faith and credit of the United States government. The Board
102.
by snake_doc 4y ago
Please direct your concerns to AP if you find the common interpretation so appalling to be incorrect. Thanks. > Want to reach out with a comment or fact-checking suggestion? Do you see something that needs a correction? Email us at FactC
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by snake_doc 4y ago
The scientific background of this year’s prize cites the work of the 3 economists in the 1980s. > Specifically, Diamond and Dybvig (1983) presented a theory of maturity transformation and showed that an institution using demand deposits
104.
by snake_doc 4y ago
> Their discoveries improved how society deals with financial crises > This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks
105.
by snake_doc 4y ago
Semantics… even the Associated Press calls it the Nobel Prize in Economics: > STOCKHOLM (AP) — This year’s Nobel Prize in economic sciences has been awarded to the former chair of the U.S. Federal Reserve, Ben S. Bernanke, and two U.S.-b
106.
by snake_doc 4y ago
I think our definition of profits are different. You’re referring to financial profits, ie earnings. Yes loyalty programs increase customer captivity and can enable market leaders to make marginal financial profits through some periods. How
107.
by snake_doc 4y ago
Having a higher route coverage is a function of size absolutely. However, it is definitely not a significant competitive advantage. Economies of scale is applicable in absolute and relative terms. Airline A can have 100% coverage everywhere
108.
by snake_doc 4y ago
I don’t think he’s particularly concerned with capital. It’s the lack of competitive advantage that is key. Insurance (the classic financial services industry that is Buffet’s life blood) is one of the most capital intensive industries. Air
109.
by snake_doc 4y ago
Your background missed Elliot’s 5yr+ activist history towards Citrix since 2015, with a brief break around 2020. At the time of this deal, they owned ~12% of Citrix. After 2020 board changes, Elliot bought back into Citrix around Q3 21, so
110.
by snake_doc 4y ago
PE firms don’t issue debt for leveraged buyouts. The debt is issued by the target company, ie. Citrix. Citrix is responsible for servicing the debt, not the PE firm.
111.
by snake_doc 4y ago
I’m not sure what world you were living through in March 2021, but no one was cutting back fiscally at that point. Had you forgotten the US then passed ARP in 3/2021? The Fed’s only instruments are interest rate and signaling, QE is co
112.
by snake_doc 4y ago
Are you positing that had the Fed raised rates earlier that the dollar wouldn’t have strengthened? The US dollar strengthens when (1) the world goes into downturn, and/or (2) when US interest rates rise. In what scenario would the US d
113.
by snake_doc 4y ago
High-value general consulting pays $250k+ cash to 2yr+ consultants. High performing 1st year associates can get $250k all-in. McKinsey, Bain and BCG lift pay as talent war heats up https://on.ft.com/3CJyH6W “The firms, whic
114.
by snake_doc 4y ago
It’s definitely a buyout specific problem; deals that were inked before the Fed’s rate increases have pretty unattractive terms compared to the current market conditions. There’s a supply glut of buyout debt at those terms, underwriting ban
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by snake_doc 4y ago
Take your anti-semitism out of HN. Israel’s Knesset is composed of religious and secular parties, the 2nd largest party today is a secular liberal party.
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by snake_doc 4y ago
My point wasn’t about the sourcing of natural resource. It’s about the steps within supply chain, most of Australia’s lithium is refined/processed in China[1]. It will take roughly a decade for other countries to ramp and move back dow
117.
by snake_doc 4y ago
The EV components’ raw materials (battery materials and rare earths) are largely controlled by China [1][2]. They may not control the chain end to end, but they have a strangle hold specifically on raw material processing/refinement. M
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by snake_doc 4y ago
This already exists, it’s called Koyfin
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by snake_doc 4y ago
There’s a difference between scientists converging on the research objectives of understanding the impacts of greenhouse gases, and agreeing on the general prognosis from the increase in gases to take action. Even in 1991, Roger Revelle—one
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by snake_doc 4y ago
> The scale of energy in the geothermal layers we can reach dwarfs our consumption and will take time greater than human existence to date to alter in a manner that impacts the orbital scale geophysics. Isn’t this thinking the type of na

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