OT: Poly Ticks will bite

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notified me by email that they had shut down yesterday, after 17 years of selling computer parts online. That's another California business shut down and a bunch of people out of work.

The USPS is being forced to downsize by congress forcing them to prepaying for the pensions of people they have yet to hire.

--
Anyone wanting to run for any political office in the US should have to 
have a DD214, and a honorable discharge.
Reply to
Michael A. Terrell
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California has been described as "a fine-tuned job killing machine."

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John Larkin                  Highland Technology Inc 
www.highlandtechnology.com   jlarkin at highlandtechnology dot com    

Precision electronic instrumentation 
Picosecond-resolution Digital Delay and Pulse generators 
Custom timing and laser controllers 
Photonics and fiberoptic TTL data links 
VME  analog, thermocouple, LVDT, synchro, tachometer 
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Reply to
John Larkin

afaict geeks.com themself say what killed them was a "1000 pound gorilla" than can spend large amounts of money to kill of competition (Amazon I guess) They get tax breaks just for being big and doesn't like paying sale tax much

-Lasse

Reply to
Lasse Langwadt Christensen

There's the classic Luddite theory that efficiency kills jobs. The implication is that we should all be weaving our own clothes and hauling water in buckets from streams, because that will create jobs.

I buy tons of stuff from Amazon. It's fast, the payment system is secure, the selection is huge, and I don't have to drive to a shopping mall and park and all that.

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Progress happens.

Amazon does pay sales tax in California. I think geeks and Amazon were subject to the same tax laws.

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John Larkin                  Highland Technology Inc 
www.highlandtechnology.com   jlarkin at highlandtechnology dot com    

Precision electronic instrumentation 
Picosecond-resolution Digital Delay and Pulse generators 
Custom timing and laser controllers 
Photonics and fiberoptic TTL data links 
VME  analog, thermocouple, LVDT, synchro, tachometer 
Multichannel arbitrary waveform generators
Reply to
John Larkin

Yup. Amazon now collects sales tax for _all_ states. ...Jim Thompson

--
| James E.Thompson                                 |    mens     | 
| Analog Innovations                               |     et      | 
| Analog/Mixed-Signal ASIC's and Discrete Systems  |    manus    | 
| San Tan Valley, AZ 85142   Skype: Contacts Only  |             | 
| Voice:(480)460-2350  Fax: Available upon request |  Brass Rat  | 
| E-mail Icon at http://www.analog-innovations.com |    1962     | 
              
I love to cook with wine.     Sometimes I even put it in the food.
Reply to
Jim Thompson

Snip blablabla

They should have build cars people outside the US wanted. The Japanese, Germans and Koreans did and they are doing OK.

--
Failure does not prove something is impossible, failure simply 
indicates you are not using the right tools... 
nico@nctdevpuntnl (punt=.) 
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Reply to
Nico Coesel

"Detroit" (ie, the US car industry) is doing great these days. They're just not doing it in Detroit.

Ford sells tons of cars in Europe. GM sells more cars in China than in the US. Honda and Toyota and BMW make cars in the US now, too.

--

John Larkin                  Highland Technology Inc 
www.highlandtechnology.com   jlarkin at highlandtechnology dot com    

Precision electronic instrumentation 
Picosecond-resolution Digital Delay and Pulse generators 
Custom timing and laser controllers 
Photonics and fiberoptic TTL data links 
VME  analog, thermocouple, LVDT, synchro, tachometer 
Multichannel arbitrary waveform generators
Reply to
John Larkin

But not in Detroit.

Reply to
tm

Ahh. So that how and why so many other financial giants got screwed so thoroughly.

Why can't miso place the blame appropriately?

?-/

Reply to
josephkk

Street PIGs have been doing that for years. Where have you been?

Why do you think I refer to this affliction as "Zimmerman Complex"?

Reply to
DecadentLinuxUserNumeroUno

Agreed.

There were more than a few. Much to my disappointment within a generation or two, the following generations fell back onto the older less successful ways again.

Some do. Unfortunately not enough to matter in the end; the gimmies and takers outnumber them substantially, nor are they alone racially.

?-/

Reply to
josephkk

o

This doesn't seem to be happening in Germany and Sweden, where taxes are hi gher. Would you like to tell us why?

ant

Unions are not killing industry in Germany. Admittedly they did a deal with the government a few years ago which did make it easier to move workers be tween industries as changes in technology changed the work that was being d one, and part of the quid pro quo was more money to retrain the workers bei ng moved.

The US approach seems to be bribe union officials to allow firms to short-c hange their workers, then the firms complain that the unions are run by irr esponsible criminals. Union officials who won't be bribed don't last long.

You get the unions you deserve.

--
Bill Sloman, Sydney (but in Nijmegen now just back from a fortnight in rura 
l France).
Reply to
Bill Sloman

Not on it's own. The whole financial sector is disporoportionately influent ial in Washington. Joseph E. Stiglitz in "the price of Inequality" is (ISBN 978-0-718-19738-4) is particularly criticial of the way the US government bailed out the banks who had created the sub-prime mortage crisis by their reckless lending, and left the rest of the population to deal with the cons equences.

None of the finacial giants got screwed as thoroughly as they deserved for creating the sub-prime mortgage crisis. The people who got screwed by irres ponsible lenders, by being offered mortgages that they weren't going to be able to pay off, got screwed a lot worse.

--
Bill Sloman, Sydney
Reply to
Bill Sloman

  • PolyTicks in US gov created the financial "incentives" for corruption.
Reply to
Robert Baer

uential in Washington. Joseph E. Stiglitz in "the price of Inequality" is ( ISBN 978-0-718-19738-4) is particularly criticial of the way the US governm ent bailed out the banks who had created the sub-prime mortage crisis by th eir reckless lending, and left the rest of the population to deal with the consequences.

Jonathan Israel's "The Democratic Enlightenment"

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-1790/dp/019954820X

makes the point that the US Constitution is a product of the Moderate Enlig htenment, and preserved a lot of the advantages the "upper classes" - essen tially the rich in the US colonies - had had before the revolution.

Tom Paine, who was an advocate of the radical enlightment was used to gener ate propaganda that sucked in the less well-off colonists, but he was shunt ed off to France while the constitution was being written on the basis that the poeple who owned the country were going to run the country.

The well-off have always had disproportionate political power in the US, an d the current dominance of the financial sector is a logical consequence of a long established historical trend. The "corruption" has always been ther e, but now it's the bankers who have the deepest pockets.

o

for creating the sub-prime mortgage crisis. The people who got screwed by i rresponsible lenders, by being offered mortgages that they weren't going to be able to pay off, got screwed a lot worse.

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Bill Sloman, Sydney
Reply to
Bill Sloman

How is that a socialist edict? it is the opposite of that. He is talking about popular prejudice. A "socialist edict" would go the other way, such as making it illegal to discriminate against job applicants purely on the basis of age.

Actually enforcing this is another issue of course.

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John Devereux
Reply to
John Devereux

Curiously, that is the law in two tolerably capitalist countries - the US a nd Australia. It doesn't stop people from doing it - I just got rejected fo r a job in Sydney that I applied for only this afternoon - but they can't b e too blatant about it. The problem in the Netherlands goes back to a perio d about thirty years ago when youth unemployment was particularly bad - as bad as Spain or Greece at the moment and the then - tolerably socialist - g overnment made early retirement from age 55 quite a bit easier.

That legislation has been unwound in recent years, but the popular expectat ions are slow to catch up.

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Bill Sloman, Sydney
Reply to
Bill Sloman

Yes, quite. That law is "socialist" in nature, i.e. it interferes with the jobs "market". As are similar "socialist" laws outlawing discrimination with respect to race, sex and religion.

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John Devereux
Reply to
John Devereux

ng

y

It may be "socialist" in regulating an essentially free market, but the thi nking behind it isn't socialist. That kind of discrimination is stupid and inequitable, and society works a little more efficiently if it is discourag ed.

The people who support absolutely free markets believe that every actor in their ideal market is perfectly rational and completely well informed. Real traders in real markets are neither - and a lot of research has been done on working out how they deviate from perfect rationality.

Joseph Stiglitz's "The Price of Inequality" includes a paragraph on what ha ppened when Joseph Stiglitz tried to explain this research to Milton Friedm an, who couldn't or wouldn't get his head around the idea that real traders in real markets were less than fully rational.

Adam Smith was less blinkered - he recognised that real merchants were very likely to conspire together to defraud their customers (who weren't going to be well-informed enough to know that they were being ripped off).

--
Bill Sloman, Sydney
Reply to
Bill Sloman

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