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landemva

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can still require the manufacturers to privately submit to the government all code

I wonder if companies purchasing trains could put code disclosure in the purchase contract? I wonder if, in aggregate, train purchasers or car purchasers could fund an independent code storage vault and pay a small premium to fund that code vault organization?

In other words, if purchasers wanted this and valued this, they would demand it in purchase contracts and fund it.

when a company lays people off, the town, state, and federal government are the ones who have to end up picking up the downstream effects

If the existing unemployment _insurance_ (forced payroll contributions to each State) are not sufficient, then change that insurance system.

There could be a business opportunity for supplemental market-priced contributions which pay on job loss. That wouldn't be worse than the 'legal assist' ripoff plans HR pimps at employee hiring.

W3C Leaves Twitter 3 years ago

he is unable to hold participants hostage

I observed Twitter/X was recently loosening previous owner's restrictions and censorship. I'm apparently misinformed, so how is enabling previously banned accounts hurting free speech?

AI and Mass Spying 3 years ago

In a democracy we would have a chance to vote on individual issues such as data privacy, or war against whomever. USA is a federal republic.

reverse repo rate

Thanks for the reminder! I recall Fed was involved with something in reverse repo 6 months before virus blew up.

Federal Reserve has so many levers it becomes questionable that anyone understands medium to long term impacts. And FDIC works closely with Fed on bank bailouts like SVB.

in possession of a mystical lever, a single number that they can change to steer the behavior

Federal Reserve has more than one lever. They set bank reserve ratios. They engage in outright buying of underwater (mispriced) paper through quantitative easing. They created a new program this year to swap SVB's mispriced bond holdings at par. It's time to reel in Federal Reserve and reel in government deficit spending.

The boom bust cycle is made worse by government policies

Government meddling does make it worse. Governments fighting the business cycle is perverted and should not be the task of government. Paul Volker rediscovered the business cycle and wrote a book about it.

https://archive.org/details/rediscoveryofbus0000volc

Interest rates naturally vary across time, space, lenders, and borrowers. Leave rates to the free market and have government enforce anti-discrimination.

interest is what causes ups and downs in economies.

That is an extraordinary claim.

If government set or controlled allowable interest rate or set it to zero there would be no business cycle? The downturn in 2020 was caused by interest?

Often a lever, or joystick motion, per function. And site plans can be input to bulldozers and excavators, and with precision sensing they do cool things like preventing operator from digging below grade. Those 'sticking pipe' in trenches, and those putting in landfill cells rave about it because it avoids rework. The old guys don't need it, but they are aging out of the workforce.

https://www.komatsu.eu/en/Komatsu-Intelligent-Machine-Contro...

Pro tip: Don't let a populist gain control over your central bank.

USA was founded without a central bank and is on it's third central bank. The banksters learned a lot over the years, so this private central bank may hold on for another decade or so - until some States get fed up and divorce the USA.

I worked for telcos, and the rich & famous & royalty typically had their accounts restricted from access by regular CSRs. I know there were restrictions built into the internal systems, though it didn't apply to my role.

Now the elite use Telegram groups, Signal, and rotate SIM cards. Everybody should be doing life this way, so the telcos become dumb data pipes.

What would you do instead of SSN?

We could easily avoid this mess of PII honeypots by repealing the federal income tax. The country was not founded with a claim on your labor.

No pre-set plan, no parental supervision

Yes, and recently in USA. A handful of times I had a tinge of worry when they were gone much of the day, and they returned better than I could have planned it. One occasion I recall they hiked to a lake and had packed backpacks with lunches water sunscreen. It was my brain that worried, and a joy to watch the children grow and explore!

The mother next door, apprehensive about rogue police, instructed her children that if they see the police to run home and don't stop. There is no recourse when the cops crack skulls, so it's best to stay out of their grip.