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Some of the comments here are so funny, and telling of how little people understand about executive compensation.
Larry and Sergey didn't get stock options. They didn't get stock. They didn't get the use of a company car, or plane, or house. What they got was exactly $1. This is all...
Laws don't state what a person or entity is allowed to do, they state what they are not allowed to do. There are many discrimination laws out there, but they generally only apply to protected classes (race, religion, sex, age, etc.). And while I am not familiar with New York law, I can...
I recently read a survey that discussed CEO pay increases at fortune 500 companies over the past 20 years. If the minimum wage increased at the same rate as CEO pay during that time, it would currently be over $40 an hour. The system has gotten a bit "out of whack" in that time, but I don't...
I actually do understand fractional share banking, and now I get where you are coming from. I was just a bit thrown when you said the money never "existed." I don't know that I have ever heard the system characterized that way. I don't know that I necessarily agree with all of your...
What do you mean by this? Money that never existed?
If I want to buy a house from John Doe for $100,000, but don't have the cash to do it, I get a loan from the bank, who then pays John Doe for the house. The bank does pay money.
If you pay off the loan, the bank is just getting the...
I realize there was a push to have him disbarred recently (I think in Mississippi or Missouri, or some "M" state :) ), but he wasn't actually disbarred, was he? I didn't really keep up with the happenings on that story.
In any event, I agree that it should be up to parents to decide these...
100% agree. I loved the point that Thomas was making, but rather than more censorship (for which he seems to be advocating), I would suggest it is a call to have less.
That was actually the point that Thomas made in his dissent. His response in a nutshell:
Why is it okay to sell a child a game that depicts murder, rape, and torture, but not a magazine that shows boobs?
I totally get his point, and there is certainly something to be said about the logic...
There was recently a story on the news here in Colorado about a lady whose license plate request was denied. She was a vegan and wanted her plate to be: LUVTOFU. The department of motor vehicles apparently believed the plate was intended to broadcast her sluttiness to the world.
I agree with pretty much everything you said except this. As someone who was in high school/college when Napster was going gangbusters, I can tell you there are hoards of people that "steal" music that most certainly could afford it. But the mentality was (and still is for many), why pay if...
I am not so sure about that. An excerpt from the law:
My reading of that is that you can do these things legally. That doesn't mean DRM and locked down phones are going to disappear. Only that you can hack them and not worry about breaking any copyright infringement laws.
I don't think this law states that it is unlawful for a phone carrier/manufacturer to lock down a phone though. It simply says it is not illegal to crack it. Much like it is not illegal for me to quit my job. However, that doesn't mean there aren't contractual limitations on either.
I...