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Lucas Krupinski

 
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  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    How is it absurd to say raising taxes will not solve the deficit problem? The deficit only mushroomed after taxes were cut, surely reversing that would help address it.
    Nov 10 02:02 PM | Likes Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    "I don't see any wings in the local hospital named after the IRS."

    Umm... all those VA Hospitals might as well be named for the IRS.... Just for starters.
    Nov 10 02:01 PM | Likes Like |Link to Comment
  • If Obama Wins, Sell Your Winners [View article]
    He should have been able to convert McConnell, who said his number one priority was to see the president fail and become a one term president? That's like saying George W. Bush should be able to convince Noam Chomsky to agree with him.
    Nov 10 12:26 PM | 1 Like Like |Link to Comment
  • If Obama Wins, Sell Your Winners [View article]
    Put it the other way - if Romney was president and the Dems had the majority of the House and Senate and moved to reject every plan that he put forward, would you abandon your support for him? I mean, he must not be that effective of a president if the Democrats reject everything he sets out to do, right? Might as well vote for Obama in that hypothetical world...

    But not, you wouldn't vote for Obama simply because other party was rejecting your guys legislation. That's about the least convincing reasoning as one can put forward, no offense.
    Nov 10 12:23 PM | 1 Like Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    I read somewhere recently that the total net assets (after liabilities have been taken out) in the united states are $180 trillion. Three quarters of that is in financial assets (leaving the farmland alone for instance). The top 1% controls 35% of that. So that's something like $47 trillion in wealth in intangible assets. That'll run the government for a little bit longer than a week. Many years, in fact.

    It sounds like a lot, but that's $16mm per person in the top 1% and $300k each for the rest. Of course most of the people in the top 1% have only a fraction of that $16mm. People like Gates, Buffett, Ellison, the Waltons, and others skew the averages up quite a bit. Just like the $300k each for the remainder is also skewed. Many people have no asset to speak of, with their largest asset being their presumptive share of social security.

    Not that I am in any way advocating confiscating everyones wealth - just pointing out that you're either vastly understating how much the assets owned by everyone are worth or vastly overstating how much it costs to run the government.
    Nov 10 12:13 AM | Likes Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    I like that a site composed of financial professionals who are just about the best compensated people there are have the gall to point out how overpaid other people are. The highly compensated capitalists decry the rest of the workers for being paid too much. Very funny. The productivity of workers in every industry has skyrocketed over the last few decades, yet, guess what? Relative prices and purchasing power has increased in every industry I can think of over the long term, save for services received from the finance professionals who still charge the exact same fees for managing peoples assets as they did 20 and 50 years ago.
    Nov 9 11:49 PM | Likes Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    Last I heard, spending was good for the economy. But I'm of the mind that I'd rather have the government be the spender of last resort than not. Of course, I'd rather it not have to be the case, but consumers aren't going to make big purchases when they feel uncertain about their careers, and our corporations prefer amassing greater and greater cash hoards than invest for the future, which itself would give consumers more confidence and drive demand.

    It's a nasty chicken and egg situation we've got, I'll admit that. But nothing I've seen gives me any confidence that a reduction in government spending will herald in expanded hiring and investing by enterprises...
    Nov 9 11:40 PM | Likes Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    "This president has exhibited a pattern of profit killing regulation."

    Except businesses are more profitable than ever before and are sitting on more cash than ever before. It sounds nice to say, but the facts just don't agree in the slightest bit.

    Small sampling below:

    Apple & Samsung (consumer electronics/tech)
    Alaska Air (air travel)
    Ford & GM (autos)
    JP Morgan (finance)
    Holly Frontier (energy/refining)
    Huntsman Corp (chemicals)

    http://bit.ly/QvhUsE

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    http://cnnmon.ie/QvhUsF

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    http://bit.ly/QvhWAQ

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    http://yhoo.it/QvhUsI

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    http://bit.ly/QvhWAY
    Nov 9 11:34 PM | 1 Like Like |Link to Comment
  • The Upcoming Microsoft Train Wreck [View article]
    Just to circle back to this point.... reading a review of the Surface right now and wanted to highlight this paragraph:

    "The device comes in two configurations, one with a 32 gigabyte (GB) harddrive and another with a 64 GB drive, which is pretty much the same as what most competitors offer. Prices start at $519, which is comparable with Apple’s starting point but higher than many Android-based offerings."

    Yes, tablets are more than just the sum of their specs. But reading this article, you would expect the storage space on a 32 GB Surface to be near that of a 32GB iPad or Android, which isn't the case at all.

    Read more: http://bit.ly/RKaU9O
    Nov 9 06:59 PM | Likes Like |Link to Comment
  • The Upcoming Microsoft Train Wreck [View article]
    All this makes me hope that the reliability of the device is on par with that of iOS and Android and not with Windows... Just the thought of having to start the tablet in "safe mode" is cringeworthy.

    No reason to think that RT won't be as reliable, though... WinRT apps ("Windows Store Apps") only use a subset of the full API, so in theory they won't be able to make calls that could risk bringing the system down. Plus Microsoft has some stringent specification about the reliability of apps that it will offfer through the store.
    Nov 9 06:51 PM | 1 Like Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    It's a one day move, you can't judge anything by that. The day before it was up a couple hundred points, and the market peaked at a number more than twice as high as its trough during his first 4 years. Taken that way, the market absolutely loved him. But to the original point - 1 day means nothing except some paper losses. Or realized losses if you went and sold. I'm content to hold what I've got and divert cash back into the market, and will tighten my belt and push even more in if we fall more steeply.... But any big moves coming, I'll ascribe more to the fiscal cliff not being resolved yet than a president getting re-elected.
    Nov 7 11:42 PM | 1 Like Like |Link to Comment
  • Obama Win Effect: Cash-Rich Companies Will Lead Economic Boom [View article]
    So is the deficit not important anymore? Or is it that the only way we should attempt to cut it should be to budget cuts to all programs that aren't military? I've been confused about this for a while now - so many people freaking out about the debt and deficit as if the sky is about to fall in, but refusing any attempt to raise taxes one iota to pay for it. Oh well, hopefully the next 4 years sees some compromise. I'm fine with some cuts here and there, but am fine with paying higher taxes as well. I'm doing okay for myself and far from the top tax bracket, and i'm more than willing to pay a bit more, so long as everyone else does, in order to lower our debt.
    Nov 7 11:39 PM | 1 Like Like |Link to Comment
  • The Upcoming Microsoft Train Wreck [View article]
    Someone who has bought one will have to report on that. Surely someone who responded to this article about how wonderful the Surface is has actually bought one, right? :)

    But yes, Skydrive can alleviate some of the storage crunch. But unlike iPad and Nexus (and other androids), surface doesn't have 3G or 4G capabilities - wifi only. So if you're without access to wifi, your skydrive files are out of reach.

    I do doubt that you'll be able to backup the recovery data to skydive - it would seem, if that data didn't NEED to be local, then it wouldn't have been made local in the first place - if a system gets that horribly corrupted, perhaps it could restore itself from microsoft.com. How will one restore their data OS if they can't boot boot it and connect to Skydrive to download the files?

    Its one thing to delete the recovery partition and install files from the desktop or laptop you purchased, as it either came with a recovery dvd, the means to create one, or, in the absolute worst case, you an order one after the fact, as the computer can boot from the DVD. Will any of that be the case with RT?
    Nov 7 09:05 PM | Likes Like |Link to Comment
  • The Upcoming Microsoft Train Wreck [View article]
    It'll bother people who are buying or comparing based on checklists; Surface is touted as being more affordable than the iPad, for instance, because the 32GB model costs $499, while for $499 you only get 16GB. In actuality, the free space for installable applications, photos, documents and movies is actually more or less identical. Wouldn't you say that's a little misleading? Certainly not criminal, im not implying that, but another basis for Surface buyers to come to a day or two later and regret their purchase.

    Likewise, yes, the Surface has Office installed, word excel and powerpoint, I believe... None are particularly user friendly without the keyboard/trackpad cover from my readings. So you get those applications, but to make use of them you need to buy a $119 surface touch cover.

    At that point, having a tablet with 16GB of free storage and the means to read and make small edits to word and excel documents, it's now cheaper to go with an iPad ($499) Pages, Numbers and Keynote ($10 each) than the Surface touchpad cover ($499 plus $119). And you can get a keyboard for the iPad for less than the $80 price difference.
    Nov 7 08:57 PM | Likes Like |Link to Comment
  • The Upcoming Microsoft Train Wreck [View article]
    The API for WinRT is a subset of Win32's. Programs that used Win32 calls that aren't supported by RT need to be rewritten.

    Going forward, programs written for distribution through WIndows Store should have no problem compiling on either platform, but old programs using Win32 calls, and worse, those using bits and pieces of assembly language (yes, it still happens) need rewriting.

    The recovery partition is part of the 32 GB of advertised storage.

    Windows recovery tools use 5 GB and the OS along with built in apps use another 8 GB. And Microsofts 32GB is 32 billion bytes, not 32 gigabytes - the raw capacity is under 30GB to start with (same way as all disk manufacturers do it).

    End result is your 32 GB disk is only 29 GB, and it contains 13GB worth of apps and recovery data, leaving 16GB. Meaning half of your advertised space is gone before you've installed a single program.

    http://bit.ly/UxfTrQ

    It's reported that the 8GB Google Nexus only offers users about 6 GB of accessible space, meaning android takes up 2GB of the 8GB.

    http://gdg.to/UlFFol

    Meanwhile, a 32 GB iPad will likely have the same rounding issue with it's adverised storage, meaning the starting number will be nearer 29GB. But iOS and all of its built in apps consumes just 1 GB, leaving 28 available to the user.

    http://on.mash.to/UxfTrU

    Put it simply, you buy a 32 GB tablet, and it'll offer you 29 GB of space for everything including the OS, just thanks to how every manufacturer uses a different term for GB than what our computers actually report as GB's. An IOS device would have 28GB remaining for the user, an Android device would have 27GB for the user, and a Windows RT device will have 16 GB remaining.

    iOS and Android could run comfortably on 8GB and 16GB devices (not much room for apps, pictures and movies on the 8GB models, though!). A Windows tablet with 8 GB wouldn't even be able to start, and one with 16 GB would start but not be able to install programs or OS updates. It's a big difference, especially due to RT only allowing users to install programs into internal storage.
    Nov 7 06:52 PM | 1 Like Like |Link to Comment
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