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| 2003/7/31 [Uncategorized] UID:29188 Activity:nil |
7/30 Faaaaab-u-lous!
http://www.bettybowers.com/isbushgay.html |
| 2003/7/31 [Politics/Foreign/Asia/China, Politics/Foreign/Asia/Taiwan] UID:29189 Activity:very high |
7/30 Pentagon: China Aiming Missiles at Taiwan
http://story.news.yahoo.com/news?tmpl=story&cid=514&e=4&u=/ap/20030730/ap_on_go_ca_st_pe/us_china_military_2
\_ China has been aiming missiles at Taiwan since they got their first
missile. This isn't news. It also isn't news that they're going
to invade as soon as they think they can pull it off.
\_ China won't invade. They'll consider it if Taiwan has a
sovereignty referendum. The U.S. will prevent Taiwan from doing
that. The U.S. and China both prefer the status quo.
\_ Put another democrat in office and they will if they feel they
have the military might to do it. China sure as hell does not
prefer the status quo. It's a humiliation and international
embarassment.
\_ Laughably untrue. PRC gets a lot of money in transfers
from Taiwan. It's not worth their while to kill the
goose that lays the golden egg. If the Brits hadn't
made their silly 99-year lease deal, PRC would not have
annexed Hong Kong either, for the same reasons. Let's
face it: PRC puts on a good show of pushing a state-run
economy, but they prefer the riches that capitalist
throat-cutting brings in.
\_ you have no clue don't you?
\_ contrary to what you may think, the Brits had no
choice. Just like how they lost most of their
\_ evil is what evil speaks.
colonies.
\_ those f***ing brits have yet to paid for their
crime for colonizing half of the globe. fuck them!
\_ IMO, Taiwan is the rebellious child that China can
smack around when it gets tired of anti-U.S. propaganda.
I don't see the Taiwan issue as very humiliating for China,
especially when so many companies continue to move
operations from Taiwan to China.
\_ agree, and I am from Taiwan.
\_ For the cheap labor, not their technical expertise or
management ability. The mainland is being used as the
third world country that it is.
\_ how do you breathe with your head in the sand?
don't you get sand in your snorkel?
\_ I'm just waiting for their brand spanking new dam
to break, killing millions (they've already been
reports of shoddy worksmanship on the project)
\_ evil is what evil speaks. -dubya
\_ you know, you really should shut up or you really
expose your ignorance on this subject. The
mainland has techno-superiority over Taiwan
in many ways.
\_ In exactly what way did I imply any techno
comparison of China with Taiwan? Maybe you
should try rereading my post before arguing
with a point that is nonexistent.
\_ insufficient heavy lift/transport to hold the island b4
forces from the 7th fleet repel the invasion
\_ I heard even Australian navy can beat PRC navy.
\_ you've heard many things my child.
\_ Actually the guy is right. PRC navy is inferior
to Australia's. They only have a chance if it
is close to China's coast such that China's
air force and land-based missiles can play
a role.
\_ so how exactly is B*** admin going to hype
up the China threat thing again?? |
| 2003/7/31 [Uncategorized] UID:29190 Activity:nil |
7/30 It is so cute watching all the little Taiwanese fobs get worked up
about big bad China. |
| 2003/7/31 [Uncategorized] UID:29191 Activity:nil |
7/30 [white boy/asian sister thread censored. -hoyt]
\_ I actually grepped the passwd file for hoyt. I was hoping he
was really here. Too bad he's not. Good joke, though. |
| 2003/7/31-8/1 [Reference/Tax] UID:29192 Activity:very high |
7/31 401k people retiring in 30 years, so what if income tax is
50% in 30 yrs, should I just take the 30% hit now?
\_ If the income tax is 50%, it'll be time for the revolution.
\_ Income tax used to go to 70% when I was a kid and I believe it was
\_ Canada's @ 50% now.
as high as 90% at one point but I'm not certain of that one. 50%
was a Reagan era tax cut down from 70%.
\_ For the top bracket. google for "history marginal income tax"
\_ amen to that!
\_ I think you need more important things to worry about in your
life.
\_ More than the right to own property? There are few things more
important.
\_ actually there are a lot of things more important
\_ like paying high taxes so you can stay in school forever
and Fight Against The Man?
\_ who da man?
\_ I can think of two: life and liberty. But that still
qualities as 'few'.
\_ Life and liberty are tantamount to the right
to own property. They are inextricably linked.
\_ Tantamount? You should look up big words
before you try to use them in a sentence
and embarass yourself like that.
\_ embarass? you should spell check big words
before you go around dissing other people.
-not the tantamount guy
\_ Like the need for a booty call tonight.
\_ The idea is that your tax bracket will be smaller then. It's
entirely possible you may do well and be in a HIGHER tax bracket
then. The major advantage to a 401k is that you pay no tax on
capital gains and dividends so that money can grow tax-free. --dim
\_ You missed the point, which is that with the way things are
going, those with income may be paying much higher rates to
support the SS/medicare/fat bloated budget. So pay the taxes
now while they're 'cheap.'
\_ I did not miss the point. You did. "The major advantage to
a 401k is that you pay no tax on capital gains and dividends
so that money can grow tax-free." --dim
\_ Guess what - none of your money is safe. When SS starts to fail the
~ 2013 the Fed is going to retroactively tax all of the 'tax exempt'
investment and retirement accounts. By that time guns will be
outlawed, the UN will lord over America, narcisistic and secular
America will have reverted to tribalism, and there will nothing
you peons will be able to do.
\_ In spite of all your gloom and doom predictions, SS will be fine.
Raising the retirement age to 70 will make it solvent for the
next 75 years.
\_ Wow, and since the life expectancy for males is 74.1, I'll
really be able to enjoy those years. The true test of whether
congress really has balls is if the retirement age is higher
than the life expectancy.
\_ http://www.ssa.gov/history/lifeexpect.html
Congress has already raised the SS full benefits age from
65 to 67 for those born after 1960. |
| 2003/7/31 [Computer/Domains] UID:29193 Activity:nil |
7/31 How does http://enom.com make money off domain registrations? They charge $5.95/yr, but I heard Internic's cut is $6/yr. Loss leader or was I misinformed about Internic? \_ Internet economy math. |
| 2003/7/31-8/1 [Finance/Investment] UID:29194 Activity:moderate |
7/31 Does "current account deficit" == "trade deficit"? I kind
of understand how it affects forex rates, but does it also
have an effect on bond yields and bond prices?
\_ No, trade deficit is just the difference in goods and
services, while current account deficit also includes
investment. It has an effect on bond prices because
\- hello i believe that is sort of misleading.
i have left a somewhat extended comment at:
~psb/trade-accounting.txt. ok tnx. --psb
some of the imported/exported money goes to the bond
market. In the US for example, most imported money is
used to buy treasuries. It is different in other
countries. -ausman |
| 2003/7/31-8/1 [Politics/Domestic/California, Finance/Investment] UID:29195 Activity:high |
7/31 How does the US government make up for its budget deficit?
Does it print the money or does it borrow money? If borrow
money, how does it do it? Is it through what they call
"treasury notes"? And how does that relate to the "Fed
interest rate" used for stimulating/cooling the economy?
Is it possible that there would not be enough interest in
the "treaury notes or whatever" due to interest rate
being too low such that the government is forced to raise
the rates to finance its budget deficit?
\_ The US government borrows money from the treasuries market, yes.
There is no direct relation between the Fed overnight rate
and the bond rate. Government demand for borrowed money
pushes up interest rates.
\_ When people buy trearuries, where does the money go?
Does the Fed just keep the money in a vault, or does
the government spend it? I guess my question is when
there is a budget deficit, where does the government
get the extra money? Do they have some kind of reserve
(federal reserve?) or need to make bond offerings
(treasuries?)?
\_ Don't confuse The Fed (a bank) with the Federal Government.
The federal government borrows money by issuing bonds. I
don't know how else to explain it. It is different than
just printing money because they promise to repay bonds.
A lot of the money used to finance US government deficit
spending comes from overseas investors.
\_ Is the Fed just like a regular bank? Say, can I open a
savings or checking account at the Fed?
\_ Thanks, things are clearer now. Are there no
connection at all between the the Fed and the Federal
Government? There is never any money transfers
between the two entities? Also, does the Fed only
lend out money? Does it ever borrow money?
Where does it get all the money? Is it in charge
of printing money? It only lends to banks and
never directly to companies or individuals, right?
\_ This is way too much to answer in the motd.
http://www.federalreserve.gov/pf/pf.htm
\_ useful!
\_ Is the link like, since the fed rate is so low, I have
to put my money somewhere else, like bonds and stocks,
so that causes bond rates to drop and stock market to
go up. Is that how the fed rate is supposed to affect
the economy?
\_ That is part of it. Another part is that since The Fed
is lending money at such a cheap rate to banks, they
are encouraged to lower their rates on things like
car and home mortgages. Since the money is so cheap
for the banks, they can lower their rates and still
make a profit. They can't lower them too far though,
since they are taking on the risk that rates will go
up in the future and they will be stuck with a crappy
rate.
\- um it's not possible to address all of the issues
in here except maybe give references. but quickly:
1. the treasury doesnt do much. they write the checks
but dont manage the money. they are a instrumental
player in fiscal policy. most of the churn in treasury
instruments is turn over in debt obligations [paying
off one matruing instruments and selling to someone
[mostly likely a bank] who wants to buy one. most of
the volume is not to fianance deficit spending.
2. the fed matters. they are the govt's bank and
the czar of the overall money supply/money base.
they are the main players in monetary policy.
the main way they control the money supply are
open markey operations run by the trading desk
at the new york fed. they can also affect money
supply by banking reg changes like reserve requirements
but that is really a sledgehammer and rately done.
the treasury also keeps money with the fed [the fed
has a hell of a lot more money at the ny fed than
fort knox ... probably something very few people knew
until whatever diehard movie that mentioned this].
a lot of money is created by fiat rather than
actually creating federal reserve notes or treasury
coins.
3. as in the above case about trade balance it is best to
start with accounting identities and defns to under-
stand the fundametnals. the govt can fiance a deficit
by raising taxes, selling assets or borowing from
private sources, foreign sources, or from the fed.
[note: raiting taxes != raising tax rates ... we
survive debt and deficits in part by GDP growth]
--psb |
| 2003/7/31 [Finance/Investment] UID:29196 Activity:nil |
7/31 Why are bond yields rising and bond prices dropping when the
Fed interest rate is so low?
\_ Bond yields are set by the market, not by governmnet fiat.
Bond investors are demanding a higher yield right now, especially
on long term bonds because of two things:
1) inflation risk
2) relative attractiveness of equities |
| 2003/7/31 [Computer/HW/CPU] UID:29197 Activity:high |
7/31 I just bought AMD2500+ (based on 1800Mhz) with FSB of 333Mhz and
installed it on a MB that supports up to AMD3200. When I boot up the
computer however, it says that I have AMD 1100Mhz. I tried playing
with the BIOS, changing the FSB speed and all from 100Mhz to 200Mhz
but the boot screen still says that I have AMD 1100Mhz. What is
going on?
\_ Your bios might be old, and not support the processor. Try
updating the bios. -- ilyas
\_ turns out my MB has a switch between auto or manual 100 FSB.
Forgot to turn it on. Thanks.
\_ hello do any of you people use amd chips for heavy integer
crunching/sorting/searching? i have taken some quick and dirty
measurements of an operton box i have on loan and our
production Xeon system and it looks like an Nmhz opteron ~=
1.65-1.75 x N mhz Xeon ... anyone have other numbers to share?
any floating pt comparisons? my float-dept stuff has to be
heavily retooled for new processor so i wont have those number
for a while. thisis pretty small working set stuff. ok tnx
\_ Learn to format to 80 cols with tab=8
\- oh my window may have been operating at a different
size at the time. ok tnx --psb |
| 2003/7/31 [Politics/Domestic/California, Politics/Domestic/President/Bush] UID:29198 Activity:high |
7/31 Poll, your hobbies:
TV: .
running for governor in CA: .
\_ I know a guy that's running for fun.
\_ how much to run for fun?
vid game: ...
bashing bush: ..
defending Bush: .
bike: .
linux: .
\_ that's not a hobby. it's a sickness.
\_ it's not a sickness. it's just a second rate OS with good PR.
golf:
debauchery: .
beer: .
cooking:
irritating tom holub: ...
\_ fun but kind of easy so it doesn't take much time
fighting the conservative republican corporate run media: .
fighting the liberal media: .
sex with partner(s): ..
masturbation: ..
fighting reverse racial discrimination: .
\_ no such thing. you're either discriminated against and denied
jobs, housing, various benefits, etc, due to your race or you're
not. are = racial discrimination. not = not. |
| 2003/7/31 [Academia/Berkeley/CSUA/Troll/Kinney] UID:29199 Activity:nil 80%like:29183 |
7/30 Return of the Kinney teaser trailer: /csua/tmp/rotk.mov |
| 3/15 |