107 karma · joined August 19, 2013
That looks like Erdogan's jet. Was in a holding pattern for the last hour. Now heading to Istanbul. Seems like the coup has failed?
"Caracas fears a default could open up claims to PdVSA assets, such as rigs, refineries and oil shipments. One target by creditors could be the company’s Houston-based subsidiary, Citgo Petroleum Corp., which has three U.S. refineries that receive hundreds of thousands of barrels of Venezuelan oil a day."
http://www.wsj.com/articles/in-decaying-venezuela-debts-get-...
That same article describes the rockets you reference, but with the added context of relative quantities:
"According to the IDF, around six rockets are being fired at Israelis every hour. However, many of these rockets are not sophisticated, and they either fail to land in populated areas or lack the firepower to cause casualties when they do: Sometimes, the payloads are removed from missiles in a bid to increase their range."
[1] https://en.wikipedia.org/wiki/Palestinian_rocket_attacks_on_... [2] https://www.washingtonpost.com/news/worldviews/wp/2014/07/11...
The merits of those candidates is debatable, but the prestige of those positions really isn't.
Is it really worth it to go public? The reporting burdens for public companies are well documented. But also this management team has used some pretty shady tactics in the past. I can't imagine they love the idea of the scrutiny that comes with being public. You can always sell your share of the company in one of these financing rounds if you wanted to diversify your wealth.
And it is not inevitable, we could end (or at least minimize) the violent, chaotic exploitation without needing a post-scarcity economy in my opinion.
So it's basically vertical integration (exclusive manufacturing rights and retail presense) + economies of scale. They made themselves a very powerful intermediary and signed some very lucrative exclusive contracts to compound that advantage.
There are people taking advantage of this. Namely, Warby Parker.[1] They opened retail stores to combat Luxottica's market share in that arena, manufactured their own eyeglasses, and raised $41mm in funding to do so. They're growing rapidly, but still a relatively small part of the overall market. They originally were going to price their glasses at $50, but found that consumers branded their products as cheap so they artificially raised the price to $100! Still enough to undercut the competition, but shows you how the current market has skewed consumer perceptions of price/quality.
http://www.masoneyewear.com/buy-eyeglasses-online-purchase-g...
My guess was this is more likely to offed American consumer's egalitarian sentiment and the revenue from membership would pale in comparison to the PR hit. Or maybe it's just inertia from early grocery store practices.
Like tracking, which could be used by political authorities to suppress political dissidents, employers to discriminate against homosexuals, or police to stalk or sexually harass a young woman.
Just because Google or Facebook or ALPRs don't intend for tracking to be used maliciously doesn't mean it won't. In fact, this is the entire argument against the NSA dragnet.
Is it easier to prevent abuse post-hoc or ban types of data gathering prone to abuse?
http://en.wikipedia.org/wiki/Best_alternative_to_a_negotiate...