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29_29

239 karma · joined May 17, 2019

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29_29··on Strengthening Congressional Independence from Corporate Lobbyists
Libertarian here.

How did I feel? Step out of the box, and imagine for a second that business and profit are not inherently evil. This is what we are told, every day by people like Warren. I believe profit is a reward for providing something people want for a lower price - and absolutely necessary to be in business. Profit is a function of efficiency.

The question rests in the in the notion that Government, (not motivated by the ability to make something people want for a lower price) will be able to do a better job than the free market in making tech policy decisions. It seems silly that a small team of government hired employees would know better than tens of thousands of Google, Amazon or Facebook experts.

Libertarians could view this small group of government employees as corrupt. Using their personal politics and authoritarian power to pick winners and losers - rather than let the free people pick real winners and losers.

So it depends on your perspective. Do you personally believe the Government can do a better job than the people?

29_29··on New Mac Pro Tech Specs
I still think we should try to be nice. At a minimum. She got downvoted again? Let's try to be more welcoming.
29_29··on New Mac Pro Tech Specs
I'm not sure why people are downvoting you. I hate this feature on HN. I cant even read what you said.
29_29··on New Mac Pro Tech Specs
no NVIDIA cards its useless to me
29_29··on New Mac Pro Tech Specs
exactly how I felt. My last mac pro was useless to me without CUDA.
29_29··on Ask HN: Why did you resign from your last job?
I haven't quit yet, but I certainly want to build a company. There isn't enough time in the day to do it on the side.
29_29··on Ask HN: If you were to switch career, what would you do?
Lay concrete
29_29··on Employer health plans are getting pricier and skimpier
Is it possible for an American to move to Switzerland?
29_29··on Why the Federal Reserve is pouring money into the financial system
https://www.investopedia.com/terms/q/quantitative-easing.asp

> Quantitative easing is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to increase the money supply

29_29··on Why the Federal Reserve is pouring money into the financial system
Quantitative Easing could not exist without creating money. Its literally the Fed creating money to buy bonds to reduce interest rates.
29_29··on Why the Federal Reserve is pouring money into the financial system
I was talking about the two levers the Fed has to guide the economy at work - Printing Money and Lowering interest rates (as described by Ray Dalio https://youtu.be/PHe0bXAIuk0). My coworker starry eyed, looked at me and said, "What about Quantitative Easing?". I responded that is printing money. I think the issue is, these concepts are given difficult sounding names, so people do not question their ethics. I'm not saying they are not needed - in a credit based economy it seems they are absolutely necessary, but perhaps they could be implemented in a way that doesn't so favor the rich.
29_29··on Stripe’s new funding round values company at $35B
So VCs can capture every bit of value before its put on the public market.
29_29··on NY Fed rescues overnight lending market with $53B
QE4?
29_29··on Bottled Water Is Sucking Florida Dry
This is much better advice. I always get sucked into the toilet. I really wish we took political debates off of HN
29_29··on Bottled Water Is Sucking Florida Dry
would you settle for a hn/politics tab so myself and others do not get sucked into this political toilet with you?
29_29··on Amazon Changed Search Algorithm in Ways That Boost Its Own Products
> Otherwise, Amazon feels like AliExpress with faster shipping and better English.

I canceled prime some time ago, because I realized I was getting significantly lower quality products than Walmart. Its become a junk store.

29_29··on Facebook removed a fact-check on anti-abortion video after Ted Cruz complained
Hey Guys, to widen the discussion and make this more searchable, I'd hope for your feedback here for the whole community: https://news.ycombinator.com/item?id=20966349
29_29··on Facebook removed a fact-check on anti-abortion video after Ted Cruz complained
ASK HN: We really need a politics tab at the top of hackernews. Can we make that happen?
29_29··on U.S. to leave global postal union next month barring last-minute action
Goodbye Wish?
29_29··on California bans private prisons
All good points. We can now feel good about ourselves as orthodox liberals, and not think about the price we are paying for exactly the same problem.
29_29··on California bans private prisons
That is a separate issue.
29_29··on California bans private prisons
What is even scarier is an entity NOT motivated by profits that spends endlessly into a pit sucking resources away from solving bigger issues such as Climate Change, creating a high speed rail network, or educating children.

Lets not be against efficiency for the sake of political orthodoxy.

29_29··on How we will know when a recession is coming?
Impossible. Ray Dalio explains the business cycle and why recessions are inevitable with our credit based system https://youtu.be/PHe0bXAIuk0
29_29··on When one travels to China, is the iCloud data entirely compromised?
Thanks for the response, it would be great if this is the case but is this actually true? I'd like to read this from Apple, or an apple spokes person.
29_29··on Apple Hints China Behind ‘Billion Device iPhone Hack’ That Google Reported
I opened this question up for broader discussion (and so its searchable) https://news.ycombinator.com/item?id=20904857 You may want to post this fantastic reply there so others can find it better in the future.
29_29··on Apple Hints China Behind ‘Billion Device iPhone Hack’ That Google Reported
Does anyone know when one travels to China, is the iCloud data entirely compromised by Chinese access? For example is it all synched?
29_29··on Door blows off Boeing 777X during stress test
I'd rather it break in a stress test - than when I'm on it.
29_29··on Facebook Dating
April fools? Had to check my calendar
29_29··on Telegram moves to protect identity of Hong Kong protesters
Why not use Hacker News to Organize a protest?
29_29··on Ask HN: Looking back, what have you wasted lots of time on?
This is a good list. I dumped my house right away - it was such a time suck
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