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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (826288)	12/28/2014 3:12:16 PM
From: tejek	Respond to of 1581879

Europe's not so bad off, says Germany's Weidmann SAN FRANCISCO (MarketWatch)—Deutsche Bundesbank President Jens Weidmann on Sunday said growth in Germany could be better than expected this year and that the economic situation in Europe is not as dire as some people think.

To: i-node who wrote (826288)	12/28/2014 3:17:52 PM
From: tejek	Read Replies (2) \| Respond to of 1581879

>> You've got to stop telling yourself you know what you're talking about because you don't. Most experimental products are started thru gov't research. Some are; some aren't. Taxpayer funded basic research is the genesis of many products, but practically NONE would come to fruition without private money. The Internet is the best example, which was funded by a small amount of defense money, but lingered a decade and a half before private industry turned it into what it is today. That's exactly what I said. The gov't takes the initial risk and then corps jump in when success looks possible. That's why your previous post was BS. >> Frequently, its only gov't that has enough money and can afford to take the risk and do the research. To the contrary, government spends about 70B/y on basic research while American companies spend in the area of 1/2 trillion a year. More importantly, R&D by private enterprise creates economic growth whereas money spent by government creates little. If government did not do the basic research much of it would end up being done by private enterprise anyway. Yeah, private industry spends their research money making their cheerios more exciting or picking which color sells more iPads. Meanwhile, its gov't that does the heavy lifting like cracking the atom. Again, the Internet is a good example. IBM and DEC were both innovating considerably in the networking area before government really did anything of substance. There is little doubt that these organizations and others would have eventually created what the public demanded. >> Its a concept you will never understand because you are so steeped in ideological fervor and so afraid you won't get enough for yourself. Its a concept the red states refuse to endorse and that's why they tend to be backwards. Nothing ideological about just understanding how the economy works. BS. Your whole view is dictated by your ideology. You're are so deep in it you work overtime trying to change reality. And when that kind of thinking predominates state wide, the results are not good as the stats tell us. >> This country is broke because it got an idiot president back in the 80s who was very popular because he had been a mediocre movie star with good looks. That comment is totally off the rails and you know it. No, it isn't. Reagan was a huge mistake and he and his fellow Rs helped get us where we are today.

To: i-node who wrote (826288)	12/28/2014 5:10:06 PM
From: combjelly	1 Recommendation Recommended By bentway Read Replies (1) \| Respond to of 1581879

The Internet is the best example, which was funded by a small amount of defense money, but lingered a decade and a half before private industry turned it into what it is today. Bad example, i-node. ARPANet and the nascent Internet got its first real break with the release of TCP/IP circa 1983. I remember because I was providing support for a VAX-11/750 running BSD 4.1 around that time and was involved with wiring UTMB at Galveston with 2400 baud fixed circuit landlines. The then new Department of Academic Computing was providing computing services for the academic side of the hospital. So I got access to the early Internet. Before the TCP/IP changeover ARPANet was more of a distributed bulletin board. Afterwards, it was a network of backbone sites that moved the information from one machine to another across dedicated phone lines. There was only a couple of meg. of data per day, so that worked.It grew and evolved a more complex makeup as time went on. Al Gore crafted and eventually got passed the High Performance Computing and Communication Act of 1991(I think), based on a report by Kleinrock on the need of a national research network. The result of the bill was the NII, and that laid the foundation for what we know as the Internet today. From the beginning, it envisioned a seamlessly integrated network that consisted of public and private components. Private industry didn't take a small and neglected entity and turned it into something huge, they were invited to come in and participate in something that was designed to be something huge. It was the government driving it the whole time. And it worked. I was there. I was following it from the beginning. But you don't have to take my word for it. Look up what Kleinrock has had to say about it. He was the man behind ARPANet. While I was standing out on the sidewalk peeking in through the fence, Kleinrock was manning the steam shovel...