03-04-2017, 02:59 AM
(03-03-2017, 07:15 PM)X_4AD_84 Wrote: And right on queue the new administration (with Congress likely to follow) are doing their level best to undo the various mitigations and controls both Bush 43 and Obama kicked off.
Even if the current boom does not crash soon, at some point the overhang will be immense, simply due to bad fiscal behavior.
We'll see banks that can't pass a stress test, phony baloney corporate debt stashes, and all sorts of chicanery.
Except, this is not just a casino going bust.
If the US goes the way of the typical Trump mega leveraged crappy scheme, there is no one to bail us out.
1. That is very true. While stuff like SARBOX, etc. happened. The proper fix is to undo *Clinton's repeal of Glass-Steagall. Glass-Steagall is of course a time tested law that needs to happen pronto.
*I'd say, upon reviewing that era, globalisism [defined as such: Neoliberal enabling of corporate rape on raw materials and people , worldwide; build factories where environmental regulations don't exist + desperate population, say folks who live in say Bangladesh, a fairly intact hellhole, but a hellhole, nontheless. ] + [cojoined with NeoCON nonsense about crap like "New American Century" / "American Exceptionalism" <-get out of jail free card wrt UN Res 51.
2. Yeup. The denouement of said credit boom, and yes, it's a credit boom , it's yugge credit boom..... It's a pyramid basically. Like a great many things, there, X_4AD_84. The pyramid will collapse , [*] .
3. Heh, heh. You know, some casinos come up with an enticement that fails the maths test. I've read where a casino was selling big wheel tickets for something like $8/00 10 tickest, which of course exceeded the big wheel's against play odds. Mathie errors say @ Wall $treet algos may well do the trick , you see. If the algo logic has no valid output for some random input, whoops, ya get a diskie dumpie Dow doldrums.
*Rags is profound, tonight.
4. "Trump mega leveraged" crappola... Yes, I dare say that would be called the "reset". It's like Ubuntu updates. apt-get update; apt-get upgrade; ... making new kernel, making new grub file... When ya mess with vital system operations, the odds of a FUBAR really go up. The ole boot record on PC's hasn't evolved much. Single point's of failure suck, XY_4AD, right? I'm guessing you're aware of boot record updates. It's Murphy's law writ large. Anything that can muck the boot record, will. Then ... it's a manner if you have a descent backup to fall back on. OK, Corporate America, and I'm looking straight at you Yahoo. Why did allow yourselves to be such easy hack targets. You know this having to get not 1, but 2 hack reports, I had to change my password again. That's not nice, I have to go into Thunderbird and redo stuff like that. Y'all need to do something, perhaps, you know, use some variant of Linux. Yes, Linux, that operating system that has segregation of privilege.
So... only the organizations' sysadmins are the only ones, yes, it's yuggge concept, only sysadmins have god privilege, OK? That means if some random user clicks some stupid ransom-ware 'll just has his/her stuff messed up. Now, and get this now, again, make sure to do regular backups, OK. Then you can just tell said, dumb user that he'll have yesterday's file/directories restored. He /she just loses a day of work , [may have to come in on weekend to make up lost time] and said user can hand redo any work as needed on files]. OK, so here's what we've learned today.
a. Use Linux! Linux has privilege separation where one user may do something utterly stupid, it does not interfere with co-workers. Linux is also a low priority target which also helps. Only a few odd ball folks use Linux. Only odd balls use Linux 'cause
a. You have to find a Linux breed that will play nice with your hardware set up. Be it known that some Linux's guess wrong on the GPU, really, really bad stuff happens.
Yes, happens. Rags had this problem wrt Fedora. Fedora, well it's a nice Linux Variant, being supported by Redhat. Well, it sucked whn Fedora would just crash and not boot after a power hit. The usual stuff was wrong, you see. It *should* have been the X server was correct for the real hardware configuration. This is where Fedora messed up. Yes, I have an NVIDIA GT 610X with an Intell graphics card turned off. The vendor said it was turned off, but I guess, ... not.
So... After too many crashes, I tries me Ubuntu. Ubuntu did a very different thing. It "found" the offending Intell chip and added software to address said situation.
b. If crashes mess up and make backups not work, hey! The Linux variant you are picking isn't working right. It took a while/ very fustrated to be sure,
Herein lie the solutions.... http://distrowatch.com/
---Value Added