195 karma · joined June 5, 2018
For real. Unlike private sector unions, the people that the unions ares negotiating against are politicians, who have no real incentive to push back. "I'll grant your raises, you vote me back in, then I can grant more raises". The incentives are messed up.
Provided you don't buy into the conspiracy theory that the US won't allow countries to price oil in other currencies, you have to ask why Iran doesn't do what you say. Perhaps it's because the dollar is bigger and more powerful than the political rhetoric that comes out of Washington.
And the problem with this is?
Canada has no reserve requirement. The US value of reserves in the financial system is so high that banks are no longer reserve constrained.
The absolute quantity of money doesn't matter; the supply and demand for the currency does. That's why so many people got it wrong by claiming Quantitative Easing would result in massive inflation.
Inflation doesn't cause devaluation; it is devaluation. It's an increase in the exchange value of goods to cash.
And whether or not you get "ripped off" by inflation depends on what side of the trade you're on.
I guess it depends on what you mean by "try to".
I drive a VW; if I'm inching out of a parking spot, it will automatically stop the car if it detects traffic. I suppose I could tromp on the gas at that moment and blast out into oncoming cars, but I'm not sure why I'd want to...
Same with catching up with slow moving traffic at highway speeds. It will detect the vehicle (or object) in front and apply the necessary braking pressure. The slower the object in front is moving, the faster it will apply harder pressure (and flash a warning to apply the brakes manually).
Essentially, if you don't react, the car will. You can then override it.
When people say, "It'll work this way in the future because it worked this way in the past" I tend to discredit them.
Part of the VW "Dieselgate" settlement requires VW to invest $2BB in charger infrastructure.
Installing chargers is not rocket science, nor a huge advantage.
Based on? There's been no official release. If they stood at 400k, Musk would be shouting it from the rooftops.
Many reservations were expecting a $35k car (with a substantial rebate). Even Musk himself said the demand for $50k+ sedans is ~100k annually.
This is typically the time when you or those in your age cohort are focusing on their families. Time is at a premium.
Excuse me? Fuld was canned and his equity was wiped out. In what way was Musk "crucified"? Seems to me he got off easy.
I believe Panasonic also owns the GF1 equipment, while Tesla owns the building and leases the space to Panasonic.
If the CEO of any company outside of Silicon Valley was being charged with securities fraud, this place would be calling for heads.
A tiny fraction of global auto sales for sedans worth $50k+ are a long way from "mass market", not to speak of the fact that more than 300,000 Nissan Leafs have been sold globally.
I want people with the integrity not to commit securities fraud.
So the fact that he may be a fraudster is irrelevant to you?
By the way, he didn't start Paypal or Tesla.
If you're blind to this whole story, I suppose you could believe that. Who was the "potential buyer"? We heard VW and the Saudi fund, both who said it was nonsense.
Beyond that, according to the complaint, nothing was discussed with the board and there was no possibility that small shareholders could remain (or institutional investors for that matter) if Tesla went private. There was no discussed price. Musk wanted to "burn the shorts"; he was trying to do so for months. Whoops.
And have you considered that this is only just beginning? I mean, it's not impossible that this blows over, but it's also possible -- with a DOJ investigation ongoing-- that this whole thing implodes. The world is tiring of the games Silicon Valley plays.
Shorting is selling? Selling to whom? Ah, right, a buyer.
Telsa share price has risen through extreme short interest for years. How?
This case is unique in that both shorts and longs were harmed. Plenty to go around. How many people bought shares at ~$350 assuming they'd be private at $420 because the CEO said so?
What about when Elon was spreading rumours that the Saudi's wanted to take Tesla private?
I'll bet SpaceX management is dreading the idea of Musk showing up there every day to work.
Shorting a stock doesn't magically make its price drop.
I think all of Adam Curtis' documentaries are worth a watch:
https://www.youtube.com/playlist?list=PL617BE1DB723DB1D6
Some others favourites off the top of my head:
808 (about the drum machine): https://www.imdb.com/title/tt2268622/
Scratch: https://www.imdb.com/title/tt0143861/
Hoop Dreams: https://www.imdb.com/title/tt0110057/
Startup.com (a classic!) : https://www.imdb.com/title/tt0256408/
The Fog of War: https://www.imdb.com/title/tt0317910/
This is hard for me to wrap my head around, because in almost any social or work environment I've ever been in, cis-white-hetero-males make up a small subset of the population.
I did that before with Facebook, and Twitter, and forums, and WoW, and MSN, and ICQ and IRC and MUDs...literally any form of online interaction. This doesn't set Instagram apart; it happens despite the fact it's a hyper-optimized advertising app.
And sadly this isn't even the case. I recently purchased a new car that came with the SiriusXM 3-month trial. We drop reception in the country and in town (among tall buildings). In fact, it drops more often than mobile internet (why doesn't XM have 10s buffer?).
The subscription is also more expensive than Apple Music or Google Play Music and the car comes with Android Auto and CarPlay. How they expect to compete is beyond me. I guess that's why they bought Pandora.
Umm..I'm pretty sure men complementing women have it a lot worse.
Men who see themselves as ugly do this."
Wait, you think telling someone, "Don't worry, your ugliness doesn't bother me. After all, you're friendly!" is a reasonable thing to say someone?
That's the exact opposite of making X trait a non-issue.
And yet you're dismissing the opinions of those with apparent first hand experience working with said leaders, while having no first hand experience yourself.