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Comments

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Why CurrentC Will Beat Out Apple Pay

Lord Lemur Re:Not a chance (627 comments)

What is in their best intrest, and what they are capable of providing may not be the same. Target was vested in not being hacked before.

yesterday
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Tech Firm Fined For Paying Imported Workers $1.21 Per Hour

Lord Lemur Re:$3500 fine? (286 comments)

Up until 1972 we had a few things happening. We had increasing GDP - per worker - per hour, we had increasing real wages, and we had the minimum wage pegged by law to a percentage of the productivity per worker per hour (thanks to those filthy Unions). The percentage escapes me currently. Then, in their (Legislature) infinite wisdom minimum wage was decoupled.

  The minimum wage has become a very small percentage of what it would have been (Almost $30 an hour in today's dollars, more than our median wage of around $20) because increases in productivity were no longer shared with workers and businesses. Business profits have expanded, however. As the automation process advanced and wages continued to be depressed the distribution of income became far less uniform. In simplified terms, those with the least income are your pure consumers. These folks have to spend every cent they earn, and many are negative savers because of this. So while wages have increased nominally and in real terms (for middle-class, but not the poor), the amount of productivity retained by the employer for each hour of labor has increased, about 75% (I’m going to call that a Corporate Greed Tax, because calling non-tax things a tax seems to be a cool thing to do) is retained by the employer now.
 

This could provide some optimal equilibrium I imagine, if there was some complex shared ownership scenario, but in our situation we have consumers with less money locally to purchase their own production back. The vast majority (about 90%) are worse off in this situation. Now by using, as you put it, an inflationary tax (what Randian craziness is that?) in the form of a minimum wage that is scaled to productivity you can shape your GINI curve, and get more of your consumers consuming. If, all things being equal, I can leverage 50% of my productivity (after Corporate Greed Tax) instead of only 25% I am strictly better off.

Now we certainly couldn’t go directly to $30 an hour for minimum wage overnight, and the issue is a bit more complex than this simplified version. We should properly be leveraging productivity enhancing technologies, driving wages up, driving work hours down and sharing in the Information Age boom in productivity, the same way we (via Unions) finally got our piece of the Industrial Revolution.

yesterday
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Why CurrentC Will Beat Out Apple Pay

Lord Lemur ignore this. (627 comments)

posting to undo accidental moderation.

yesterday
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US Army May Relax Physical Requirements To Recruit Cyber Warriors

Lord Lemur Re:Good luck with that (307 comments)

There are other benefits, and I don't think I ever ment an enlisted Communications troop then spent a day as an E1 or E2 unless they got in trouble.

3 days ago
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Tech Firm Fined For Paying Imported Workers $1.21 Per Hour

Lord Lemur Re:$3500 fine? (286 comments)

Read up a bit on the GINI and the effects of changing the shape of the GINI. It fundamentally disagrees with your statement. You might also correlate when we decoupled minimum wage in the US from worker productivity per hour also coincides with the precipitous plunge in real wage growth.

about a week ago
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NASA's HI-SEAS Project Results Suggests a Women-Only Mars Crew

Lord Lemur Re:Compelling, but a mix still better... (399 comments)

If the conclusion of a study was that sending women to space was inefficient, there would be plenty of people screaming that it was sexist. This study, like all mono-culture solutions involving human endeavor says more about the opinions of those writing the conclusion then what the optimal solution would be. In all of my years, I have never been involved in any mission, plan or project that couldn't receive the benefits of more diverse viewpoints and experience In my experience, this is true for warfare, public service, private service, charity work; anything that requires people to work together to solve problems. People of different backgrounds, cultures, genders, ect. provide very large intangible benefits that contribute to success. Saying that one class of people should be excluded from a difficult endeavor because they eat more is very short sighted.

about a week ago
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Rumor: Lenovo In Talks To Buy BlackBerry

Lord Lemur Re:In other words, the service is going to die. (73 comments)

Correct, very wise for a country rich in resources with a population smaller then California, and a huge boarder with most advanced military in the world who loves to go to war.

about two weeks ago
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Internet Companies Want Wireless Net Neutrality Too

Lord Lemur Re:Oxi-moron this is... (38 comments)

Routing around regulation is what American Innovation does best.

about two weeks ago
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Data From Windows 10 Feedback Tool Exposes Problem Areas

Lord Lemur Re:As it is designed to do (147 comments)

To be fair it is a tool to discover how bad their software is. You would think Microsoft set a pretty low bar for qualified success here.

about two weeks ago
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Scientists Coax Human Embryonic Stem Cells Into Making Insulin

Lord Lemur Re:seems like good news, but really? (100 comments)

False a more direct parallel would be, If your neighbor's house catches on fire when he's not home, would it be OK to go over to his house and taked the burned, unworkable and unviable remains of his television and use them to save a human life?

about three weeks ago
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Study: Compound Found In Beer Boosts Brain Function

Lord Lemur Re:A lucky group of mice? (119 comments)

The other mice from that batch were routed over to a lab conducting an experiment entitled "Will it Blend?"

about a month ago
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Solar System's Water Is Older Than the Sun

Lord Lemur Re:Score one for the other team (173 comments)

Whether such phenomena are "truly random" or not (a bit of a paradox for a supposedly generally-deterministic physics), or, say, a perfect back-door to controlling all of physical reality that an insightful engineer might put in, or, say a God, is a metaphysical question. But that it can happen is clear, as a matter of science.

One of these, vaccum fluctuations, has the ability to predict something and is theoretically testable thus science, the other is god. The problem with your myth of choice is that it is a myth of the gaps. It can only exist where we don't yet know the answer. When we find the answer it will retreat further. There isn't any sort of rational experiment we can preform to prove it's existance, and it has absolutely no predictive power whatsoever. It is faith in that it is a useless expendeture of intelectual power to try and defend.

All that being said, if it makes you a better person, or makes you feel good, or whatever, by all means god it up. Please, however don't insist that other's pretend it is valid or rational.

about a month ago
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Miss a Payment? Your Car Stops Running

Lord Lemur Re:Oh good (907 comments)

If you have extra payments in a savings account you are probably not sub-prime.

about a month ago
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Miss a Payment? Your Car Stops Running

Lord Lemur Re:Oh good (907 comments)

Kill?

The alternative MIGHT be to not lend money to people with bad credit scores. Would THAT be better?

In many cases, yes.

Having wages more inline with productivity would be much better. The types of loans being discussed here, came into being after we decoupled minimum wage from worker productivity per hour, and started the long decline of real median incomes relative to productivity per capita, but fixing demand side issue like that is so out of vogue.

about a month ago
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Miss a Payment? Your Car Stops Running

Lord Lemur Re:Substitution effect (907 comments)

The airline industry is very big on pushing Brand Loyalty via points, rewards and membership programs. Though not well versed on that specific market, brand loyalty could significantly influence many riders that would have to choose occasionally between Spirit and their airline of choice.

about a month ago
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Miss a Payment? Your Car Stops Running

Lord Lemur Re:Oh good (907 comments)

No, then you get to reposess the vehicle, usually much faster and cheaper, and resell it again at 30% intrest, after acessing all sorts of fees to the origional borrower.

about a month ago
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Miss a Payment? Your Car Stops Running

Lord Lemur Re:Oh good (907 comments)

and sometimes even people who aren't living incorrectly

Like underwater?

about a month ago

Submissions

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HP announces memristors

Lord Lemur Lord Lemur writes  |  more than 6 years ago

Lord Lemur (993283) writes "The long-sought after memristor — the "missing link" in electronic circuit theory — has been invented by Hewlett Packard Senior Fellow R. Stanley Williams at HP Labs (Palo Alto, Calif.) Memristors — the fourth passive component type after resistors, capacitors and inductors — were postulated in a seminal 1971 paper in the IEEE Transactions on Circuit Theory by professor Leon Chua at the University of California (Berkeley), but their first realization was just announced today by HP. According to Williams and Chua, now virtually every electronics textbook will have to be revised to include the memristor and the new paradigm it represents for electronic circuit theory."
Link to Original Source
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Dude, your getting a Dell, and hosed!

Lord Lemur Lord Lemur writes  |  more than 6 years ago

Lord Lemur (993283) writes "Dell Inc. deceived customers in a massive "bait and switch" scheme to increase sales of its computer and electronic products, a New York state judge ruled Tuesday. State Attorney General Andrew Cuomo sued Dell in 2007 on behalf of hundreds of customers who claimed that the electronics company lured them into buying products with promises of attractive deals and promotions."
Link to Original Source

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