Posts by JackOfVA

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  • Help with my essay on the "right to revolution"?

    10/25/2015 11:26:57 AM PDT · 31 of 101
    JackOfVA to Politicalkiddo

    Shay’s Rebellion might be a useful starting point. It was a significant driver of the Constitution (Shay’s Rebellion took place under the Articles of Confederation.)

    In any event, Geo. Washington came out of retirement to quell the rebellion.

    The Constitutional clause concerning treason against the United States was an outgrowth of Shay’s Rebellion and perhaps you will find a useful discussion or two in the Federalist Papers or the Anti-Federalist Papers.

  • SpaceX releases first interior photos of its astronaut-carrying spacecraft

    09/11/2015 10:31:04 AM PDT · 6 of 51
    JackOfVA to Red Badger

    I’m sorry, Dave. I’m afraid I can’t do that.

  • Caitlyn Jenner Says She Was Under the Speed Limit at the Time of Fatal Malibu Car Accident

    09/09/2015 4:59:17 PM PDT · 65 of 71
    JackOfVA to Does so

    Never been in the situation personally, but don’t some ABS systems have alternating lock/unlock cycles while others sense differential speed between the wheels and throttle the hydraulic pressure to prevent lock?

    I can’t keep up with the technology I use every day and certainly haven’t looked at ABS systems in a very long time.

  • Caitlyn Jenner Says She Was Under the Speed Limit at the Time of Fatal Malibu Car Accident

    09/09/2015 2:41:02 PM PDT · 39 of 71
    JackOfVA to Resolute Conservative

    In addition to skid marks and the like, vehicular computers record data for some seconds of speed, brake applied, air bag deployment and other useful (to the police) information. (I think the data is over-written in memory so all that is available is a few seconds before the event. I also recall that air bag deployment stops data recording so that the accident data is preserved and not over-written.)

    I would assume the computer has been taken by the police and the data downloaded and analyzed.

  • Taxing Carried Interest Capital Gains As Ordinary Income Is a Very Bad Idea

    09/07/2015 2:31:20 PM PDT · 44 of 48
    JackOfVA to expat_panama

    I’m old enough to remember my law partners trying to transmute ordinary income into capital gains during the 1980’s, usually by some real estate purchase accompanied by a loan. The tax reforms in the later 1980’s coupled reduced rates for ordinary income with repeal of the capital gains slight of hand my partners engaged in.

    So, risk of loss is important .. if my law partnership failed to make its income goal for the year and my share was less than it was expected to be, I should only pay capital gains rate?

    Sorry, hedge fund managers should not receive tax breaks on carried interests unless they have their own money invested just like the other fund participants.

    Trump’s proposed tax rates would be lower than present rates for all classes of income, which seems like a reasonable exchange for removing favorable treatment from hedge fund carried interests.

  • Taxing Carried Interest Capital Gains As Ordinary Income Is a Very Bad Idea

    09/07/2015 7:35:49 AM PDT · 11 of 48
    JackOfVA to expat_panama

    Suppose the hedge fund manager is paid a “performance bonus” equal to 20% of the capital gains. This would be considered taxable income and is subject to normal rates of income tax for “ordinary income.”

    In the current system, the identical income to the fund manager is considered to be capital gains and is subject to a much lower tax rate than ordinary income.

    The theory behind a lower tax rate for capital gains includes the concept that the stock owner takes the risk of loss and therefore it’s fair to charge a lower tax rate for gains.

    However, in the hedge fund case, the fund manager doesn’t own the stock and is not exposed to risk of loss on the underlying asset value.

    It’s wrong tax policy to transform a performance bonus into capital gains where there is no risk of loss. Hence, I believe Trump is correct to go after this anomaly.

  • Jeb Bush Video Takes Aim at Donald Trump’s ‘Manhattan’ Mind-Set

    09/01/2015 8:07:40 AM PDT · 12 of 57
    JackOfVA to jimbo123

    Trump has said that 15 years ago, he thought at the time a single payer system might work in the USA.

    His thinking has changed and is now to allow health insurers to compete across state lines in order to bring down costs.

    Trump has been pretty clear on the time frames involved in his views, so I suspect JEB advertisements have played fast and loose with the facts.

    Regardless, Obamacare has gotten things so screwed up that it’s going to take root and branch fixes - I think Trump needs to go further in reform, but at least he has a useful starting plan.

  • Top US presidential candidate Trump uncomfortable about ‘made in China’ (so am I!)

    08/30/2015 5:13:24 PM PDT · 10 of 29
    JackOfVA to Ouderkirk

    The vast majority, if not all, the consumer grade Chinese tools at, for example, Harbor Freight, are not worth the gas money to bring them home.

    However, there are some notable exceptions in electronic test gear - couple years ago, I bought a Rigol (made in China) 100 MHz dual-channel DDS function generator with the expectation that it would be adequate for my needs, but would not compare in quality with HP/Agilent/Keysight or other US designed gear in my shop. After looking at its performance, I would put it at about 95% of Keysight performance at about 25% of the price.

    If the Chinese put their mind to it, at least in the limited world of electronic test equipment, based on my experience, they are quite competent.

    And, they are moving up the food chain in electronic test equipment.

  • Sigma Nu frat at Old Dominion suspended for offensive banners

    08/25/2015 9:22:54 AM PDT · 15 of 81
    JackOfVA to Zakeet

    Great humor if you are in 8th grade, but one would hope for something more sophisticated from Old Dominion students.

  • FR folks who live near Manassas, Virginia

    08/20/2015 9:33:11 AM PDT · 8 of 19
    JackOfVA to the_individual2014

    I’m a few miles east of Manassas, and driving to DC would be miserable unless you have odd hours, such as 4AM - noon. I-66 has been widened but that hasn’t kept up with traffic increases.

    The good news is that there are two (I think) VRE train stations in Manassas. It’s a decent service that runs over rail lines and connects with Metro (subway) at several stations.

  • A chart made from Ashley Madison data reveals 25 cities where the most people want to cheat

    08/19/2015 8:31:20 AM PDT · 12 of 46
    JackOfVA to SeekAndFind

    If a foreign intelligence agency were to cross-index the Ashley Madison files against the security clearance info obtained via the OPM hack, it might show some blackmail opportunities ...

  • Clinton's SMTP Packets Sent Through Routers Easily Examined By Bots

    08/12/2015 5:12:16 AM PDT · 3 of 87
    JackOfVA to Alas Babylon!

    Is there any information on whether the packet info was encrypted or sent plain text?

  • Donald Trump: Mexico will pay for wall because I say so ("Let there be a wall, and there was a wall"

    08/05/2015 7:50:39 AM PDT · 38 of 195
    JackOfVA to Laissez-faire capitalist

    “Great. Start a potential trade war. That’s the ticket.”

    We’re already in a bunch of trade wars, but can’t admit it.

    For the first 6 months of 2015, according to the official statistics, the US imported $27B more goods than we exported to Mexico. For 2014, yearly total was $54 billion more in imports from Mexico than exports.

    So, if we put a very modest 1% duty on all imports from Mexico ($145 billion in the first 6 months of 2015 alone), we could raise $2.9B in one year. That should be more than enough to build a wall.

    Since we have a large trade deficit with Mexico, they are in no position to do a tit-for-tat increase in duty, as it would hurt their economy proportionally more than it would the US.

    So, The Donald is perfectly correct when he implicitly says we have great economic leverage over Mexico.

    Of course, we would have to abrogate some trade agreements with Mexico, but being a sovereign country (so far at least) we can do that.

    https://www.census.gov/foreign-trade/balance/c2010.html

  • Lawsuit: Black D.C. Gov. Workers Got ‘Honkey’ Boss Fired

    07/29/2015 2:28:59 PM PDT · 12 of 31
    JackOfVA to lowbridge

    My wife accepted a job - this is 30 years ago now - at a black owned consulting company in DC, where she was the only white person on the payroll.

    She quit after one day because of the harassment.

  • How Close Was Donald Trump To The Mob?

    07/28/2015 4:06:54 PM PDT · 181 of 228
    JackOfVA to sf4dubya

    Unions in the public sector should have never been allowed to exist - history has shown an incestuous relationship between union contributions to elected officials and said officials entering into sweetheart deals with the unions.

    In the private sector, unions did some good in the first part of the 1900’s, but the theory underpinning their existence has long gone.

    My late father was a big union supporter, OCAW and then Teamsters. It was a matter we could not discuss as his theory was that management worked 24/7 to shaft the workers and any suggestion to the contrary was not possible.

    However, it was exactly the theory that management and the workers had different interests in the success of their companies that lead to the downfall of US manufacturing. Not saying it was 100% of the reason, or even the majority of the reason, but it certainly aided in the downfall.

  • How Close Was Donald Trump To The Mob?

    07/28/2015 3:53:50 PM PDT · 177 of 228
    JackOfVA to glyptol
    What’s the moral difference between “Nice casino- many fires lately” vs. “Nice house - paid your taxes”?

    In many cases, the mob provides things that people want - after hour drinking, untaxed cigarettes, sports betting, etc. This part of the mob business you can take or leave depending on your desire for those products.

    Government provides little that people actually want, but rather that which government itself determines people want, and provides it in the most inefficient and wasteful way possible and often prevents private competition for those services (for example, private trash collection where city-run services are a monopoly.) For the most part, therefore, the mob and government are not much different, except government has a better name.

  • How Close Was Donald Trump To The Mob?

    07/28/2015 12:16:42 PM PDT · 13 of 228
    JackOfVA to SeekAndFind

    Anyone that does business in New York or New Jersey has to deal with the Mafia - the bigger your business the more the mob wants to become your partner.

    “Nice casino there - have many fires?”

    “Certainly would be a shame to see such a nice casino have union troubles so that it never opened.”

  • Trump Would Lose Badly In A Third-Party Bid, But He Could Take The Republican Down, Too

    07/24/2015 11:59:49 AM PDT · 28 of 86
    JackOfVA to Trapped Behind Enemy Lines

    Trump is a businessman and the political parties play the role of the Mafia in a shake-down racket.

    Trump has to contribute to the party that controls the state and city where he wants to build. In the case of NY state and City, that party has a D symbol.

    In the case of NY City, the current Mayor (D) has said (a week or so ago) that Trump’s projects will not be approved in the future and that if legally possible any existing contracts will be abrogated. That’s but one example of what happens when you cross the party in power if you are a developer. You play their game or else you can’t operate.

    This shakedown isn’t limited to Dems, but it so happens that most major cities are Dem controlled so they are best situated to apply the shakedown.

  • Europeans think American’s “addiction” to air conditioning is “stupid”

    07/23/2015 10:38:15 AM PDT · 133 of 157
    JackOfVA to elcid1970

    I spent several years living in Europe in the early 1990, mostly Germany, but also Italy and Portugal.

    The German summers without A/C weren’t all that bad, but one hotel I spent several months at had no screens so you had a choice between sweating all night or waking up covered with mosquito bites. Got the the point where I made a count of new bites every morning - record was 29. Eventually one of my German colleagues showed me their trick - a wall plug in insect fogger. That worked more or less, along with flypaper.

    Italy was worse in the summer as the heat lasted longer and 90F days were not uncommon.

    One interesting thing I remember well about Italy were the roadside prostitutes - they were on high seats, with a beach type umbrella, overall very similar to a beach lifeguard arrangement. The ones I saw were all black women, probably from Italian speaking parts of Africa. When I asked about it, I was told that their primary clientele were truck drivers... this was on a relatively rural two-lane highway 5 or so miles outside a town with a population of perhaps 25K people. In any event, never saw anything like that in my European travels.

  • Europeans think American’s “addiction” to air conditioning is “stupid”

    07/23/2015 10:26:23 AM PDT · 132 of 157
    JackOfVA to riverdawg

    I live in Fairfax County - maybe 20 miles airline from my house to the center of DC, so I’m well acquainted with Washington summers.

  • Europeans think American’s “addiction” to air conditioning is “stupid”

    07/23/2015 7:57:04 AM PDT · 61 of 157
    JackOfVA to SeekAndFind

    As the almost certainly apocryphal headline in a British newspaper read “Temperature to hit 75F again today - no relief from heat wave in sight.”

    And, as late as the 1940’s the British Foreign Office listed Washington DC as a “tropical capital.”

    On the other hand, before A/C, Congress used to take a summer-long break, thereby limiting its ability to produce vexatious legislation to only 9 months out of the year.

  • Trump: ‘Corrupt’ Mexican officials let ‘El Chapo’ go

    07/12/2015 5:54:39 PM PDT · 23 of 54
    JackOfVA to jimbo123

    The FBI’s crime stats put El Paso at #13 out of 24 Texas metro areas. (1 is worst, 24 is lowest.)

    http://www.texasmonthly.com/daily-post/fbis-list-most-dangerous-cities-Texas

    Section on El Paso:

    Border cities get a bad rap as violent, but the Rio Grande Valley is extremely safe. Of the 24 Texas metro areas ranked by the FBI, Brownsville comes in dead last, with 240 incidents of violent crime per 100,000 people. Nearby McAllen comes in at #18, with 286 per 100,000.

    Things are closer to the middle of the pack in El Paso and Laredo, which place at #13 and #10, respectively. The murder rate in each city is low, at 1.4 and 1.5 (Brownsville also comes in at 1.4, which is the second-lowest behind Abilene at 0.6). The numbers in El Paso, Laredo, and McAllen are all slanted heavily toward aggravated assault. In Brownsville, meanwhile, though the overall numbers for everything are very low, robbery crimes make up a surprisingly high number of cases, at 58.1 per 100,000, good for almost 25% of the violent crime in the city.

  • Court (F.I.S.C.) rules NSA can resume bulk collection of phone records: NY Times

    06/30/2015 11:47:56 AM PDT · 18 of 29
    JackOfVA to NormsRevenge

    As if they ever stopped.

  • Is It Just Me, Or Did Judge Janine Really Coward Out this Weekend?

    06/29/2015 6:41:31 AM PDT · 6 of 41
    JackOfVA to xzins

    Her show may be pre-recorded on Thursday or Friday AM before the decision was released. I think most of Fox’s weekend opinion shows are recorded on Thursdays or Fridays.

  • VDH: Hillary Gump

    06/29/2015 5:53:43 AM PDT · 6 of 18
    JackOfVA to Liz

    Compare Hillary’s photo at 11 and Alfred E. Newman of MAD Magazine fame.

  • Americans Fleeing Taxes in Extraordinary Numbers

    06/26/2015 5:04:03 AM PDT · 3 of 28
    JackOfVA to albie

    In the 40 years I’ve lived in Fairfax County VA, the population has doubled and it has switched from conservative Republican to leftwing Democrat government. No matter how much local taxes are increased there’s never enough money to meet the demands of the school system.

  • [Homesnacks.net claims: ] These Are The 10 Most Dangerous Places in Michigan

    06/17/2015 5:44:57 PM PDT · 37 of 74
    JackOfVA to Steely Tom

    Heath was actually in St. Joseph MI for a long time.

    Drove out there from suburban Detroit a few times when I couldn’t wait to mail a check and and then wait for delivery. (This was before Heath opened a retail store in Southfield MI.)

  • Amtrak train reportedly traveling at more than 100 mph before crash that killed 7 (Breaking)

    05/13/2015 11:10:55 AM PDT · 24 of 67
    JackOfVA to Jewbacca

    “Train was running 10 minute late on departure.

    Trying to make up time.”

    Not the first time ...

    They gave him his orders in Monroe Virginia
    Sayin’ Steve you’re way behind time
    This is not 38, this is ol’ 97
    You must put her into Spencer on time

  • Amid Drought, San Francisco Uses Drinking Water To Heat City Hall, Other Buildings

    04/24/2015 8:16:21 AM PDT · 7 of 8
    JackOfVA to Lockbox

    As a matter of thermal efficiency, you would think the system would be set up as a closed loop but a system that is 80 years old might well be open loop as efficiency wasn’t as important then.

    However, normally boiler feed water is run through a deaerator to removed dissolved air (reduces rusting by removing the oxygen) and treated to reduce scale buildup. At least, this is true for steam boilers; not certain if that is the case for district hot water plants, although one would think it would be helpful to keep the pipes clean.

  • China cabinet approves building of home-grown nuclear reactor

    04/22/2015 6:59:40 AM PDT · 11 of 13
    JackOfVA to Paid_Russian_Troll
    Chinese are capable of building quality stuff for a long time already.

    I agree 100%. I have some electronic test equipment made in China that is as good as anything I've seen from Agilent/Keysight. The user manual doesn't have the best literary quality, but the performance is there.

  • Editorial: No routine calls in police work

    04/13/2015 9:34:31 AM PDT · 9 of 20
    JackOfVA to Half Vast Conspiracy

    From Forbes Magazine:
    http://www.forbes.com/sites/jacquelynsmith/2013/08/22/americas-10-deadliest-jobs-2/

    The 10 Deadliest Jobs:

    1. Logging workers
    2. Fishers and related fishing workers
    3. Aircraft pilot and flight engineers
    4. Roofers
    5. Structural iron and steel workers
    6. Refuse and recyclable material collectors
    7. Electrical power-line installers and repairers
    8. Drivers/sales workers and truck drivers
    9. Farmers, ranchers, and other agricultural managers
    10. Construction laborers

  • Latest on police shooting: Bystander emerges, explains video

    04/09/2015 4:13:29 AM PDT · 53 of 70
    JackOfVA to Vendome

    “Fail on a particular charge and retry on a higher charge.

    Removes double jeopardy and you get another bite of tbe apple.

    If they fail on murder and I think it’s possible, then the D.A. is done.”

    Double jeopardy applies to all crimes that may be charged arising from a particular incident. A prosecutor gets one trial out of it. Also, the concept of “incidental included crimes” means that if charged, for example, with 1st degree murder, the jury may find that not all the elements of 1st degree murder are present, but the elements of 2nd degree or manslaughter are present and return a conviction on the lesser charges.

    Also, double jeopardy applies “per sovereign” and there are two sovereigns here. One the state and second the federal government. Hence it’s possible to have both state and federal prosecutions (e.g., civil rights violation) arising out of the same incident.

  • Police: Officer facing murder charge following shooting of suspect

    04/07/2015 5:32:41 PM PDT · 63 of 116
    JackOfVA to familyop

    People do strange things under stress, so I can’t categorically disagree with you, and I am sure this will be a central part of the prosecution’s case so we will learn more as the process continues.

  • Police: Officer facing murder charge following shooting of suspect

    04/07/2015 4:34:31 PM PDT · 53 of 116
    JackOfVA to familyop

    Washington Post article says:

    “Police later said that Scott was hit with the Taser at least once, because part of it was still attached to him when other officers arrived on the scene. However, the video footage shows that Scott was running away from Slager, and officials said that he was too far away to use a Taser if he did have it. Moreover, the footage shows Slager picking up an item and placing it near Scott, though it is unclear if this is the Taser or something else.”

    Last sentence suggests Slager was “helping his case along” by moving the taser so it appears it was still held by Scott. Don’t know whether this can be proven or if the WaPo is wrong (certainly wouldn’t be the first time) but if it can be established, it certainly is an important fact in a decision to charge.

  • Sabrina Rubin Erdely Finally Apologizes, While Rolling Stone Publisher Blames ‘Jackie’

    04/06/2015 4:42:00 PM PDT · 37 of 39
    JackOfVA to Texas Fossil

    “Can they sue for legal fees?”

    Don’t think so, as legal fees are part of a damages award under certain circumstances. Without the ability to bring a libel action, no damages can be recovered.

    And, if you think about it, now allowing governments to sue for defamation is a good thing. Otherwise any comment in a newspaper or on line that caused some politician’s nose to be out of joint would possible give rise to a defamation suit.

  • Sabrina Rubin Erdely Finally Apologizes, While Rolling Stone Publisher Blames ‘Jackie’

    04/06/2015 7:28:24 AM PDT · 32 of 39
    JackOfVA to pepsionice

    “... the university ought to claim ten to twenty million in damages.”

    Governments (and the Univ of VA is a state funded university and hence an arm of the Commonwealth’s government) cannot sue for defamation, libel or slander.

  • Churchill and De Gaulle, Explained

    03/30/2015 12:13:45 PM PDT · 5 of 19
    JackOfVA to Academiadotorg

    I recall reading that Churchill said “of all the crosses I had to bear during WW II, the most difficult was the Cross of Lorraine.”

    Quote is from memory, so it may not be exactly accurate, but the sentiment is correct.

  • Need Kindle Reader Help

    03/18/2015 5:46:19 AM PDT · 2 of 9
    JackOfVA to pabianice

    I have seen a similar problem with Kindle on the PC.

    My work-around is to close Kindle before downloading from Amazon and allow a minute or so to elapse and then re-start Kindle. That works without a crash. You may have to click on the download book icon and right mouse click for “download” and then “go to last page read.”

  • Windows software corruption

    02/25/2015 5:22:02 AM PST · 6 of 81
    JackOfVA to GYPSY286

    Had exactly the same telephone call yesterday.

    I asked the caller what part of India or Pakistan he was calling from and then hung up.

  • Neighbours in uproar after flag collector flies NAZI banner outside home 'by mistake'

    02/24/2015 3:26:08 AM PST · 5 of 18
    JackOfVA to Berlin_Freeper

    When I moved to the Washington DC area in the late 1970’s, my morning commute include a few miles on Wilson Blvd. in Arlington.

    The American Nazi Party office was just a few houses off Wilson Blvd and the “US Nazi Party” variant of the swastika flag flew from a large flagpole - very hard to miss from Wilson Blvd.

  • AP-GfK Poll: Most back Obama plan to raise investment taxes

    02/22/2015 8:43:50 AM PST · 17 of 65
    JackOfVA to Red Badger

    I found this with a bit of Google searching:

    In March 1932 “Collier’s Weekly” ran an article titled “Tax Everyone But Me” which included an instance starting with “Congress! Congress! Don’t tax me” instead of the sing-song: “Don’t tax you. Don’t tax me”.

    At the end of the year, and again at the opening of 1932, the hotel rooms and lobbies of Washington were crowded and swarming with citizens who had come to play, in paraphrased adult form, an old game of their childhood:

    Congress! Congress! Don’t tax me,
    Tax that fellow behind the tree.

    Russell Long’s version is better, but the idea has been around for a long time. (Russell Long was Huey’s son, of course.)

  • AP-GfK Poll: Most back Obama plan to raise investment taxes

    02/22/2015 8:31:27 AM PST · 5 of 65
    JackOfVA to Toddsterpatriot
    Don't tax you; don't tax me.

    Tax that fellow behind the tree.

    Often attributed to Russell Long but appears to go back to the 1930's.

  • A chance to advance to US Postal Inspection Service, and where to move?

    02/12/2015 4:05:34 AM PST · 17 of 65
    JackOfVA to Crazieman

    After living and working in the Washington DC area for 40 years, I can say with 100% certainty that it is not a place where you will find reasonably priced housing or other cost of living items.

    Unless the Postal Inspector job pays $80-100K/year you are looking at living in a distant suburb and spending many hours driving commute.

    I live in the western edge of Fairfax County VA and do a lot of business with our tiny local PO and have gotten to know the folks there (it’s a 1.5 person office) and they all live in locations that require at least an hour commute from their homes to the PO. Our new Postmaster must spend closer to 3 hours on the road total commute time considering where she lives.

    Different story if your job does not require working in the immediate DC area (The District and the VA and MD counties immediately adjacent to the District). There are some very pleasant and moderately priced parts of Virginia once you get outside the immediate DC area.

    I would under no circumstances consider living in MD because its politics are driven by Baltimore and Montgomery County (DC area) and are hard left, even though it showed some signs of sense in putting a couple of more conservative R people into state office.

  • Grandfather visiting Alabama from India stopped by police while taking walk, left partly paralyzed

    02/11/2015 2:08:06 PM PST · 41 of 68
    JackOfVA to Theoria

    I’ve traveled extensively in Europe and have had an occasional encounter with the local police. Italy, for example, frequently does random traffic stops (the Italian national military police, Carabinieri, where a couple of officers stand back from the highway with MP5’s (this was at a time of high terrorist attacks from the Red Brigades and the like) while one officer asks for your papers. I don’t speak Italian and most of the Carabinieri I ran into didn’t have much if any English, but between the few words we could figure out and some hand signals, all my interactions went well. Never was under any fear that I would be pulled out of the vehicle and beaten or shot.

    Also had some similar encounters with German police (local police and also the ‘railroad police’, all done very politely, although my German is only slightly better than my non-existent Italian.

    Even in France, where the CRS has the reputation of being only marginally better than armed thugs, never had the slightest problem.

  • U.S., Germany, and France to Putin: The World Is Too Weak to Stop You

    02/05/2015 2:48:54 PM PST · 11 of 48
    JackOfVA to goldstategop

    As Churchill said after the Munich agreement:

    Britain and France had to choose between war and dishonour. They chose dishonour. They will have war.

  • Postmaster general: Agency looking for new revenue sources

    02/04/2015 2:09:22 PM PST · 32 of 37
    JackOfVA to Buckeye McFrog
    They are going to go into competition with banks.

    It’s sort of a Liberal wet dream, and will get them a new line of potential revenues.

    The US Post Office operated the "Postal Savings Service" between 1911 and 1967.

  • Tiny drones could soon be swarming Mars, NASA says

    01/25/2015 11:29:19 AM PST · 17 of 23
    JackOfVA to rightwingcrazy
    See Von Neumann's War, written by John Ringo & Travis Taylor.
  • “This is Africa”: Stowaways caught on Navy ebola mission

    01/21/2015 10:29:27 AM PST · 4 of 12
    JackOfVA to wtd
    And, of course, the ship was named after Admiral Doorman lost at sea when the Japanese sunk his flagship, De Ruyter, in the battle of the Java Sea in 1942, along with nearly all of his mixed Dutch, British, American and Australian fleet.
  • Can Illinois' Bruce Rauner Turn Around Nation's Worst Fiscal Mess?

    01/14/2015 1:26:30 PM PST · 15 of 28
    JackOfVA to RayChuang88

    Chapter 9 is only for cities, counties and similar sub-divisions. There is no mechanism in the bankruptcy law for a state.

    I’m confident, however, that the ultimate game plan is for the deeply indebted states such as IL, CA, NY, to push their liabilities off on the rest of the country via a Federal Government bailout. Grossly unfair to those states that run prudent finances, but he who has the most votes wins.

  • Why America’s middle class is lost

    12/13/2014 8:18:59 AM PST · 37 of 69
    JackOfVA to C19fan

    The cost of capital versus labor has shifted significantly in favor of capital over the last few decades. And in many cases, automation is the only way many modern products can be manufactured.

    One example ... in the 1950’s electronics assembly involved large factories with hundreds of assemblers (mostly women) with soldering irons. A modern 2014 electronics assembly plant will have a half dozen employees and rows of machines - pick-and-place machines to mount parts on printed circuit boards, reflow soldering machines for soldering and then automated test and inspection stations.

    One recent interview with the president of a smallish automated assembly house said the production he achieved with 6 employees would have required 600 employees with hand assembly. But hand assembly of small surface mount components is extremely difficult and can only be accomplished practically with machinery.

    The rise of automation and robots pushes jobs into two categories. One being a relatively few but high paying jobs for the machine designers and second being jobs that are not susceptible to automation, such as building maintenance or landscaping.

    The west went through the transition from 90% of the workforce being employed in agriculture to 5% agriculture over nearly a century. I suspect the switch from medium skilled jobs to a bimodal few high skilled workers and lots of low skilled jobs and not so many in the middle is not going to be as smooth a transition.