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Google Announces Motorola-Made Nexus 6 and HTC-Made Nexus 9

stdarg Re:Meh (201 comments)

Google has arranged a release with 5 major US carriers simultaneously -- Verizon, AT&T, T-Mobile, Sprint, and US Cellular. They will be available under contract at a big discount (up front cost $50 or so instead of $650). The carriers probably put pressure on Google to keep the unlocked price high so we perceive a value to the contract.

about a week ago
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Who's In Charge During the Ebola Crisis?

stdarg Re:*sigh* ... Lack of problem. (279 comments)

There are enough drones though.

In all seriousness, there's no need for US to prevent people in Africa from migrating around. If Nigeria wants to seal their border, they can do that. We don't have to do it for them.

And when it comes to people from that region traveling to the US, which we're responsible for, then they should go through a 28 day quarantine. No need to deny people from coming and going, especially medical volunteers. But if you volunteer over there, you do not get to come back and reintegrate into society before we know you're still healthy. That's how it should be anyway.

about a week ago
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Tesla Announces Dual Motors, 'Autopilot' For the Model S

stdarg Re:Awesome (283 comments)

You're wrong, I know what inflation does. I don't think you know what inflation does, if you think inflation automatically means every possible investment made today is worth less in 35 years.

about a week ago
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The Correct Response To Photo Hack Victim-Blamers

stdarg Re:So we can't call anyone stupid anymore (622 comments)

That women should hide their sexuality because there are deviants who will try to rape them or break into their cloud accounts?

Sometimes, but not all the time.

A free society must protect the right of people to enjoy their freedoms, and where some small group of criminals and sociopaths attempt to destroy that freedom, the first words out of a free people's mouths shouldn't be "Well you had it coming you slut!"

I agree that we shouldn't be calling Jennifer Lawrence a slut because she has nude pics. But I also agree with the people who say if she is so upset about the leak then she shouldn't have taken the pics -- and that's not the same as calling her a slut.

about a week ago
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The Correct Response To Photo Hack Victim-Blamers

stdarg Re:Straw Man (622 comments)

If you don't want people to steal your money, don't earn that money.

Did you even read the summary? One of the many problems with your retort is that people need money. They don't need nude photos.

A rational person needs a reward that outweighs the cost/risk for any given action. Many people do not have nude photos of themselves, so it's hard for them to understand what the reward is that outweighs the cost. And in the case of a celebrity storing nude pics on the internet, the risk is even higher than normal because they know people will be looking for them. Any mistake -- not even criminal, just the wrong privacy setting, or an update from the service provider that changes previous posts or whatever -- and the nude photos are out there.

about a week ago
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The Correct Response To Photo Hack Victim-Blamers

stdarg Re:Straw Man (622 comments)

The victim usually deserves some share of blame because there's more than one thing going on and plenty of blame to go around.

Creating dangerous situations is sometimes so blameworthy that it's criminal. That's how we get criminal negligence for instance.

Check this out: http://en.wikipedia.org/wiki/C...

I mean this is all common sense stuff if you believe people have a responsibility for their own safety in at least some situations (out in the wilderness is pretty uncontroversial, walking down a dark alley is apparently controversial for some).

about a week ago
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Tesla Announces Dual Motors, 'Autopilot' For the Model S

stdarg Re:Awesome (283 comments)

assuming investment keeps up with inflation

That's far too pessimistic. $10k invested now is worth more than $10k in 35 years after inflation.

about two weeks ago
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Mystery Gamer Makes Millions Moving Markets In Japan

stdarg Re: Lousy return (113 comments)

No.. $15 billion volume not investment. He could have started with 1M and traded 15000 times.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:LEGAL TENDER FOR ALL DEBTS (907 comments)

There seems to be a "sweet spot" of just how much cash most people can come up with for used vehicle and it appears to be around $4K max.

I don't know if you mean cash literally which would make sense, but most people can qualify for loans from their bank or credit union.

How could a dealer find a buyer for that price when I had trouble at $4500? The difference was that they could finance it for the buyer.

Last month I sold my 2007 Corolla (paid $15k) for $6k, which I thought was an amazing deal for both of us. My offer from Carmax was only $4k. Similar cars were advertised by dealers at up to $11k, which I just didn't understand, but your post totally makes sense. There must be enough people out there looking for "zero money down" or whatever to make those deals possible... people who have no understanding of the overall cost as well as people who just have no money up front.

I wonder if devices like this GPS/lockout thing will make it easier for more people to become lenders. I didn't need to sell my car for cash up front. If it were "easy" to collect payments and repossess cars without relying on a big, costly network to do so, I could have financed the car to someone.

Jeeze, if I had sold for $8500, $0 down, 5% interest, 3 year term, my total take would have been $9171 instead of $6k.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re: Mod parent up. (907 comments)

Not likely... you'd probably just get a ride with a friend.

If you are poor and can't build up at least a little support network because you have severe personality problems or something, then yeah you're screwed. Otherwise, occasional hiccups happen and you get through them. (Yes I was poor for a few years.)

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:Wow (907 comments)

I know you're thinking of typical lenders, but there are a lot of loans made by poor people to other poor people, such as family loans or loans to friends. When you aren't paid back that hurts a lot.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:It's the bank's car (907 comments)

What a poor comment. Whether your own car costs $389/month or more (or less) has no bearing at all on whether the single mom in the article can afford a $389/month car.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:It's the bank's car (907 comments)

(* Is it possible to still owe money on a car after it's been repossessed? I don't know, but it's certainly possible to claim to a bad-credit car buyer that they do.)

It is possible, it's called a recourse loan. http://www.investopedia.com/as...

All depends on your state's laws and what's in the loan agreement.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:These people are doing it to themselves (907 comments)

It depends on the situation. In commercial agreements he sounds right. With a credit card for instance, the due date is when payment is due. If you pay after that, you are late and pay late fees and usually get hit with a new, higher interest rate (the default rate). No doubt about it.

There are other cases where you don't have to pay by the due date. I know property taxes are one.. there's a due date, then there's a date where interest begins accruing. When I look at my mortgage statement which shows when money is taken from escrow to pay property taxes, it's always by the interest-begins date, well past the due date. Health care bills are also often structured like this. The due date seems to be a mere suggestion, the other dates they list are the important ones.

about three weeks ago
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Miss a Payment? Your Car Stops Running

stdarg Re:Oh good (907 comments)

If they're having trouble making their car payment, does it make sense to take away their way to get to work?

If they have a steady job it seems unlikely that they'd have trouble making the payment unless they are wasting money or have persistent bad luck. Has the person already given up their cell phone, cable TV, gym membership, all "vices" like smoking and drinking, etc? Sure there may be some tiny number of people in that situation but it doesn't sound too common.

The creditor can always find the car and repossess it if necessary. This method of making the car unusable is all about control.

Yes that's the point of this. They disable the car, and if payment arrangements aren't made quickly, they repossess. And the dramatic speedup in communication and repossession this device enables outweighs the small proportion of bad-luck cases you outlined, where the guy *could* have made the payment if he had just made it to work on time this one last time.

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

stdarg Re:Competition (907 comments)

I agree very much. I bought a car recently and for the first time investigated non-dealer financing, and was blown away. I always assumed manufacturer/dealer financing would be the cheapest. I assumed the loan was subsidized so they could move more cars.

I was entirely wrong. Banks these days are giving crazily low terms. My loan is at 2% interest, better than the special financing from Subaru. This was for a new car, not used.

I also sold my old car privately for the first time. Previously I had traded it in to the dealer. This time I checked Carmax and was amazed at how much more they offered. Then I let it sit on Craigslist for a week and ended up getting 50% more than the Carmax offer. WTF?!

Oh well, lessons learned.

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

stdarg Re:Oh good (907 comments)

No, that is a 'very bad thing', since if a person does not qualify for a loan, they do not have the means to pay it back. Thus, the finance company gets what little money they had, plus the car.

So it's a relatively low cost rental program instead of an ownership program.

This was one of the root causes of the US banking collapse of 2008 -- they permitted mortgage loans to those who could ill afford them, then bundled all that bad debt in with good debt and re-sold it as "asset backed commercial paper"

But that's not what is happening. These are still very high interest, and in the article one of the companies talks about how it reduced delinquent payments from nearly 1/3 to less than 1/10. At a guess, it's incredibly profitable at that level of delinquency.

In the financial crisis, if banks had made enough money from the good borrowers to cover the losses of the bad borrowers, there wouldn't have been a financial crisis. Their problem was they bundled bad loans, which in theory should reduce the risk of an underperforming loan package, but delinquency rates actually went up. Another thing people tend to forget about the financial crisis is the gas crisis that preceded it, which I think had a pretty big impact.

about a month ago
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FCC Chairman: Americans Shouldn't Subsidize Internet Service Under 10Mbps

stdarg Re: I never thought I'd say this... (353 comments)

What make you think only rich people can afford internet access without subsidies? Others have already noted libraries and schools provide internet for free, it just takes more effort to access and is more closely monitored. (I have seen someone looking at porn in the library before, but it's not very common.)

Poor people in this country still have disposable income. That's how it's possible that smoking is more popular among the poor than other classes in society. For another data point, according to studies, poor people have on average 2 color TVs. (http://www.slate.com/articles/news_and_politics/explainer/2011/09/how_rich_are_poor_people.html)

about a month ago
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FCC Chairman: Americans Shouldn't Subsidize Internet Service Under 10Mbps

stdarg Re: I never thought I'd say this... (353 comments)

It's clear you don't pay attention before you reply, you just start typing rabid posts accusing me of racism (huh?) and not using roads (huh?).

You're a moron. I already explained the difference between subsidies for activities that help society (educating people for example) and those that are for entertainment. It's your fault you can't grasp that, not mine, so you're doomed to repeat things I've already said and pretend you disagree. Yeah, subsidizing roads and schools is good. Just because some subsidies are worth it doesn't mean that all subsidies are worth it. Get it through your head.

about a month ago
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FCC Chairman: Americans Shouldn't Subsidize Internet Service Under 10Mbps

stdarg Re: I never thought I'd say this... (353 comments)

I'm not a good example because I don't get subsidized internet... are you paying attention to the thread at all? Forget what we're talking about?

If people want to goof off on the internet when they've paid the cost, that's called entertainment and it's perfectly fine.

about a month ago

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