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leakybit

202 karma · joined December 26, 2015

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leakybit··on U.S. to set up plan aimed at allowing prescription drugs from Canada
I' am sure pharma board meeting go like this

CFO: ABC pharma just got FDA approval to sell a generic version of Viagra, our revenue is projected to take a $1.5 billion hit.

CEO: Fuck. Start raising the price of insulin, I gotta hit these wall street estimates.

leakybit··on Why Lie Detector Tests Can’t Be Trusted
The usefulness of the polygraph is not to detect lies, but is to be used as a enhanced interrogation tool.
leakybit··on H-1B: Federal judge backs government’s narrower view of ‘specialty occupation’
So the rich are more entitled to get a green card?
leakybit··on Soil Erosion: Why soil is disappearing from farms
Sounds like a good use case for GMO.
leakybit··on The insulin racket: why a drug made free 100 years ago is recently expensive
Lookup the CAS number and search for it on lookchem.com
leakybit··on The insulin racket: why a drug made free 100 years ago is recently expensive
All drugs are regulated by the FDA, even if a drug patent is expired you need to get FDA approval to sell a generic version, which would cost millions. The only way around this, is if you market your product as not for human consumption or make some obscure research drug and market it as a health supplement.

Of course the latter two eventually will get you in deep shit with the FDA.

leakybit··on The student loan crisis is really an underemployment catastrophe
I would say the entry level market for devs is very saturated.
leakybit··on USA lags behind EU, Brazil and China in banning harmful pesticides
too bad glyphosate isn't one of the chemicals listed in the article.
leakybit··on Up to one million species are on the verge of extinction, U.N. panel says
True, we should be striving to create synthetic apples
leakybit··on Over 13% of the homes in Japan are abandoned
Where do you expect tech workers to sell their RSUs?
leakybit··on Why Drug Prices Keep Rising Despite Congress's Efforts
The actual cost of manufacturing the drug is tiny, so pharma companies have a lot of freedom to price their drugs to target a market segment.
leakybit··on Martin Shkreli steers his company from prison with contraband cellphone
Wait, are you talking about Martin Shkreli or the Pharmaceutical Industry?
leakybit··on Martin Shkreli steers his company from prison with contraband cellphone
He did provide value with a great ROI
leakybit··on Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
Money must be tight at Google
leakybit··on Activision-Blizzard layoffs after reporting record results
I would say it easier than ever to make a game. You have game engines, like Unity and Unreal, asset stores where you can buy graphics, and a distribution system; steam.
leakybit··on A Tiny Screw Shows Why iPhones Won’t Be ‘Assembled in U.S.A.’
yea, but there already exists a standardized 6pt screw design called Torx screws vs Apples 5pt screw.
leakybit··on The Oil Industry’s Covert Campaign to Rewrite American Car Emissions Rules
Might be less efficient, but some older diesel engines have a track record of being much more reliable.
leakybit··on FDA to Ban Juul, Flavored E-Cigarettes If Industry Doesn't Change
Not all tobacco/nicotine products are taxed equally. In my state a pack of cigarettes is $10, but you can buy cigarette sized cigars for $2.50 for a 20pk, a 170pk of nicotine gum for $35 (1 gum = 1 cigarette). In defense, chewing nicotine gum is a lot less harmful than smoking a cigarette.
leakybit··on Bitcoin Hash Rate Rapidly Growing Despite Price
I believe that business is called Bitmain
leakybit··on Microsoft could move jobs abroad because of US immigration policies
Meanwhile, Microsoft hasn't replied to my job application in weeks.
leakybit··on Tesla sues ex-employee for hacking, theft, and leaking to the press
One would assume law enforcement would prefer for a civil suit to be filed on or after the formal criminal charges, as not to impeded the criminal investigation.
leakybit··on Does Depression Have an Evolutionary Purpose? (2017)
success is relative.
leakybit··on Apple plans new U.S. campus, to pay $38B in foreign cash taxes
Where are you getting a 50% tax rate from?
leakybit··on The lucrative business of America’s opioid crisis
There are more people who are dealing with chronic pain who need opioid than people who are using them for "recreational" purposes.
leakybit··on Facebook’s Political Unit Enables Propaganda
Which is the point. In reality the appropriate title is more along the lines: "How media enables Propaganda", so why single out just Facebook when they're just conforming to the industry standard?

There's a simple solution to this, which is to write legislation to ban commercial political ads.

leakybit··on Facebook’s Political Unit Enables Propaganda
I don't really see a problem here. Facebook is providing training/guidance to customers on how to use it's software platform. Every other advertising platform allows political organizations, so why should Facebook be any different.
leakybit··on DOJ: We Want Martin Shkreli’s Enigma Machine, Wu-Tang Album, and $7.3M
Yea, the authorities will confiscate the stolen bill and use it as evidence, and then give it back to the original owner.
leakybit··on Silicon Valley Struggles to Add Conservatives to Its Ranks
What evidence do you have to say that liberal => SV successful and not white liberal men => SV successful
leakybit··on Tesla Semi Truck Unveiling
Most trains don't use a turbine engine, they're usually diesel electric.
leakybit··on Senators push to ditch social security numbers in light of Equifax hack
Because the US has a much bigger consumer credit market. Almost every retail chain offers a credit account to customers. Even with the large amount of losses from fraud the banks and credit issuers accrue, they still make bank because of the high interest rates they charge.
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