bankers win again :-)
436 karma · joined November 9, 2010
bankers win again :-)
http://upload.wikimedia.org/wikipedia/commons/6/67/US_incarc...
If criminals are kept in jail longer, they can commit fewer crimes against the public.
Interesting bit of science fiction, but current trends never continue like that.
Tablets won't make anything obsolete, let alone desktop computers.
When he said his response to their criticism is to prove to them that it can be done and done well made me admire him.
http://en.wikipedia.org/wiki/DarkMarket
DarkMarket was an English-speaking internet cybercrime forum created by Renukanth Subramaniam in London that was shut down in 2008 after FBI agent J. Keith Mularski infiltrated it using the alias Master Splyntr, leading to more than 60 arrests worldwide. Subramaniam, who used the alias JiLsi, admitted conspiracy to defraud and was sentenced to nearly five years in prison in February 2010.
The website allowed buyers and sellers of stolen identities and credit card data to meet and conduct criminal enterprise in an entrepreneurial, peer-reviewed environment. It had 2,500 users at its peak.
Legal advice is a big part of black hat literature, so I don't think any of them can claim ignorance.
They had a restaurant and you could order food from a touch screen, and play games on it while you wait.
I hated it. A waiter always came by to make sure your order was correct. I had to wonder, what's the point? It was gimmicky and useless.
This was probably 13 years ago.
This is why people use the twitter app instead of the site.
Did they pump contacts for recommendations on a good outsourcing shop first, or at least ask for references and follow up on them?
I wouldn't even take my car to a mechanic blind.
Also, throwing the PC industry out as an anomaly is a mistake because iOS and the PC both particular kinds of technology - they are platforms. In this type of "winner takes all" scenario it isn't the standard that takes it all, but the platform providers. The only hope for iOS is the web as the platform.
Aside, I think that Windows Mobile has an even more compelling business model than Android, because Microsoft has more of a financial incentive to improve their proprietary platform than Google does.
It's very simple and clean.
As a consumer, I've never used a QR code in my life. If companies reward users for using QR codes with discounts, as the video suggests, I would use it.
Also, now I understand why a business would want to use QR codes. They help the businesses to track the effectiveness of advertising.
I can't imagine baby boomers wanting to watch network news or read mainstream websites that bring light to these inequalities. It's eyeballs and wallets that dictate content, and it's the boomers who have both.
An example is people "using their homes as ATMs" during the housing boom. Easy credit drove up the prices of homes, people used the increase in net wroth to take home equity loans, other general debts, or buy investment properties, which in turn drove up the price of homes even more.
"SAP HANA is an integrated database and calculation layer that allows the processing of massive quantities of real-time data in main memory to provide immediate results from analyses and transactions."
http://www.forbes.com/sites/sap/2011/10/04/why-sap-hana-is-a...
But I've always wondered, what came first, the corrupt government, or citizens who don't pay tax?
I see the same thing in Greece. The government is corrupt, but the people don't pay taxes.
Does the government become corrupt because there isn't enough money to pay civil servants, or does do people refuse to pay taxes because they will be misused by a corrupt government?
The perception seems to be that unless you know someone and can get inside information, you can't make money.
Instead, average people put their money into real-estate (1) or put it to work in private lending (2). And then there are the pig farmers who speculate in base metals (3). My coworker didn't mention them though.
1: http://blogs.ft.com/beyond-brics/2011/02/03/chinese-property...
2: http://www.reuters.com/article/2011/09/29/china-economy-runa...
3:http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a...
http://en.wikipedia.org/wiki/Sino-Forest_Corporation
Difficult economic times always expose fraud. If the economic situation continues to deteriorates I think we'll see more Sino-Forests.
"It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett
"Congress passed the Gold Reserve Act on 30 January 1934;...The act also authorized the president to devalue the gold dollar so that it would have no more than 60 percent of its existing weight. Under this authority the president, on 31 January 1934, fixed the value of the gold dollar at 59.06 cents."
http://en.wikipedia.org/wiki/Gold_standard
debasement even happened when actual phisical coins made from precious metals were being used:
"Throughout history, governments have been known to create more coinage than their supply of precious metals would allow. By replacing some fraction of a coin's precious metal content with a base metal (often copper or nickel), the intrinsic value of each individual coin was reduced (thereby "debasing" their money), allowing the coining authority to produce more coins than would otherwise be possible. Debasement sometimes occurs in order to make the coin harder and therefore less likely to be worn down as quickly. Debasement of money almost always leads to price inflation unless price controls are also instituted by the governing authority, in which case a black market will often arise."