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temphn
searching PlanetScale…
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34 ms
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temphn
14y ago
I don't really think you can evaluate government loans the same way you would as a private investor. So, there are different ways to isolate a core philosophical disagreement but I think this may be one of them. In a different c
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temphn
14y ago
Well, so, I'm an empiricist on this. Absolutely one can point to companies like Tesla (or defense contractors in an earlier time) which received a ton of government money and by any objective measure did push technology forward. But one can
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temphn
14y ago
Great article, and agreed on most everything you said. Regarding Prismatic itself, some constructive feedback (feel free to ignore). My immediate first impression was that this was another app that would waste my time. I want less of those,
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temphn
14y ago
Romney founded Bain; I think most would argue that makes him an entrepreneur, no? http://en.wikipedia.org/wiki/Bain_Capital#1984_founding_and_... Regarding the clean energy investments, I think we will both see qualitative aspects of this
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temphn
14y ago
I would argue it is possible to believe both that Tesla is a great company and that Romney was generally right in that many of the green investments have indeed been losers (Solyndra, A123, Beacon Power, Abound Solar, ...). Lest we forget,
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temphn
14y ago
Immelt owns NBC and is on the White House board of economic advisors, so has the political juice to get waivers and ward off regulation. If you are a regulator, you will pick an easier target, like Exxon, which doesn't own a news network. E
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temphn
14y ago
This is a factual disagreement, hopefully a resolvable one. Take a look at this book by David MacKay, Cambridge physicist. He presents detailed calculations on each energy source and, despite being anti-nuclear in initial orientation, agree
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temphn
14y ago
Oh, I agree with you that billions are nothing relative to what this government is spending. Bernanke prints $85 billion every month. Even charging 1 million dollars for each of these 50000 visas would raise only $50 billion. That said, the
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temphn
14y ago
What is the argument for 55000 random visas at a time when the US economy is doing very poorly? Is this a game? US citizenship clearly has market value. Billions of dollars could be raised by turning these into entrepreneur visas or chargin
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temphn
14y ago
This true up to a point. Intelligent people go to college, and in addition to technical education they are getting other stuff as well. I'd hope it's not too controversial to posit that (a) most university humanities cultures are more simil
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temphn
14y ago
Yes. The real title fight would have been between Ron Paul and Obama's tech teams. That would have been Google vs. Facebook. Romney vs. Obama in tech was like Myspace vs. Facebook.
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temphn
14y ago
Absolutely, they could have done much better by spending intelligently. But tend to also agree with alxp here, in that given finite resources you will be better off with missionaries rather than mercenaries.
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temphn
14y ago
This is like Oracle thinking they can raise the price of something forever due to lock-in. That is true until it suddenly isn't. The wealthy of CA are particularly mobile as movies and software require no natural resources. All you need is
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temphn
14y ago
The train will never connect LA and SF. http://www.nytimes.com/2011/11/27/us/california-rail-project-advances-amid-cries-of-boondoggle.html?pagewanted=all The first phase would be a 130-mile stretch from Bakersfield to just south
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temphn
14y ago
Regarding the housing numbers, Bernanke is printing $85B per month to buy mortgage-backed securities as part of Operation Twist/QE3. He's pumping the bubble back up; feels good now but the final pop is going to really hurt. http://qz.co
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temphn
14y ago
The key problem here is that people think the government is acting in their interests. It's not, it's acting in its own interests, and the interests of politicians and regulators. Thought experiment: imagine something that benefits the publ
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temphn
14y ago
No photographic evidence. No corresponding accounts. No raw data. Bonilla published his account of this event in a French journal called L'Astronomie in 1886. Unable to account for the phenomenon, the editor of the journal suggest
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temphn
14y ago
Step 0: Spend $3.6 trillion dollars on $2.3 trillion in revenue. http://www.cbpp.org/cms/index.cfm?fa=view&id=1258
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temphn
14y ago
It would be very interesting if he decides to use bitcoin or something similar for this.
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temphn
14y ago
Just as an aside, it is crazy that Bay Area prices have gotten to the point that you need to win in a startup to buy a house. It really seems like a much better decision to rent indefinitely or buy somewhere in the Midwest, where house pric
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temphn
14y ago
Look, you were just wrong, and you know you were wrong. The substance of your comment was that multinationals just consider tax a cost of doing business, and that new taxes alone wouldn't motivate them to consider moving operations overseas
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temphn
14y ago
Speaking of uninformed comments, weren't you the guy pounding his chest as a lawyer about how no companies actually take international tax law into account, who then got tooled when the Double Irish was pointed out? http://news.ycombinator
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temphn
14y ago
Another thing that made this situation complicated was that Kyle and I are recently engaged. This is a cute article but for obvious reasons completely inapplicable to anyone else seeking a job at a startup.
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temphn
14y ago
These talking points need to be updated. Please look at this URL: http://en.wikipedia.org/wiki/List_of_countries_by_public_deb... France's debt to GDP ratio is ~86-89%. The United States is 102%. Now the US is surely going to crash, and c
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temphn
14y ago
The fascinating thing about this article is that it legitimizes the "Atlas Shrugged" response of many entrepreneurs from a progressive perspective. While there is much to be quibbled with in his analysis [1], the simple fact that we now hav
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temphn
14y ago
Boston has standardized on a way of metering passengers But more than a dozen other cities allow Uber to use their own way and the world hasn't ended. Why should passengers care about what the city of Boston has "standardized" on? W
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temphn
14y ago
There are about 10000 things that are toxic if swallowed. Household cleaning supplies, toothpicks, you name it. Warnings do nothing, the kinds of people or children who swallow them aren't going to be reading warnings. The paradoxical thing
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temphn
14y ago
Unfortunately, they're rarely content to work 2 hours per day at their cushy jobs. These are not the characteristics of executives at successful companies. Have you ever started a successful business? If so, did you work two hou
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temphn
14y ago
http://math-www.uni-paderborn.de/~axel/us-d.html#communism It is not very well known however that Germany saw a much more vigilant communism hunt at about the same time. While in the US only about a dozen people ever went to pri
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temphn
14y ago
I don't get it either. Last week this guy wanted to make some sort of paid Open Twitter competitor. This week he's mad at Facebook for offering to acquire his company rather than simply build a first party feature! No good deed goes unpunis
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