CurrentC

Monday 6:58 am, October 27th, 2014

The benefit to the merchants is clear: They would save the swipe fees they pay to the credit card companies now, which average about two percent of the cost of transactions.

Wouldn’t consumers benefit as well from reduced transaction costs? A service that cuts out Visa, Mastercard, and Amex, sounds like a step forward to me assuming they address privacy and data security as well. In the newer systems, apparently Apple and Google add an additional transaction fee, which kicks back to Apple and Google respectively. As far as security and privacy go, I trust my bank better than I do a company like Apple, which clearly has a thing to two to learn about data security and privacy.

Link

Posted by Jim Mathies | Filed in Technology | Comment now »

Huh?

Sunday 11:57 am, October 26th, 2014

The 6-foot, 2-inch, 270 pound man was initially arrested in Massachusetts in August. He was charged with statutory rape of a child under 14 and ordered to stay under house arrest.

House arrest? WTF?

Posted by Jim Mathies | Filed in Insanity | Comment now »

Getting involved in Iraq again

Thursday 8:49 am, September 11th, 2014

But as President Obama prepares to send the United States on what could be a years long military campaign against the militant group, American intelligence agencies have concluded that it poses no immediate threat to the United States. Some officials and terrorism experts believe that the actual danger posed by ISIS has been distorted in hours of television punditry and alarmist statements by politicians, and that there has been little substantive public debate about the unintended consequences of expanding American military action in the Middle East.

Well this sure sounds familiar. Link

Posted by Jim Mathies | Filed in World Events | Comment now »

Poll on Florida’s Amendment #2

Friday 7:28 am, May 16th, 2014

A poll released Monday shows that 88 percent of Florida voters support allowing adults to legally use marijuana for medical purposes, bolstering the arguments of advocates who have placed a constitutional amendment on the November ballot seeking legalization.

The poll, conducted by Quinnipiac University, indicates widespread support across political and demographic lines — Republicans and Democrats, men and women, young and old — for legal medical marijuana if it is prescribed by physicians. The constitutional amendment needs approval from 60 percent of voters to pass.

The Quinnipiac poll found that legal use of medical marijuana was supported by 93 percent of Democrats, 89 percent of independents and 80 percent of Republicans. It was supported by 92 percent of voters ages 18 to 29 and 84 percent of voters ages 65 and older.

link

For me this comes down to the people’s right to individual freedom. Government shouldn’t have the power to interfere with the decisions people make about how they live their lives, provided your activities don’t negatively affect the people around you.

Posted by Jim Mathies | Filed in Big Government, Florida, Polls | Comment now »

Investor margin debt

Tuesday 10:38 am, January 28th, 2014

Yikes.

Posted by Jim Mathies | Filed in Investing | Comment now »

Fight

Saturday 9:04 pm, September 21st, 2013

Posted by Jim Mathies | Filed in Technology | Comment now »

Daft Punk’s Latest

Saturday 8:49 pm, September 21st, 2013

–> awesome <–

Posted by Jim Mathies | Filed in Music | Comment now »

Police State

Wednesday 3:43 pm, July 3rd, 2013

We have the NSA listening to our calls, reading our emails, and tracking our movements. Apparently that isn’t enough, the USPS is also monitoring our snail mail.

NYT Link

Update – The FEDs want your passwords too.

Posted by Jim Mathies | Filed in Big Government | Comment now »

Snowden Backlash

Friday 2:27 pm, June 14th, 2013

It’s the institutions that need to demonstrate respect for the public they allegedly serve. If Snowden or any other American is skeptical of institutional power, it is not due to any personal failing on their part. The lack of respect is a direct outgrowth of the bad behavior of the nation’s institutions, behavior that has undermined Americans’ trust in them.

Link

Posted by Jim Mathies | Filed in Big Government, Politics | 2 Comments »

The whole PRISM thing

Saturday 2:15 am, June 8th, 2013

I’m all for ubiquities SSL or a variant that doesn’t involve a third party on the server side. The web needs to be encrypted and there shouldn’t be any middle men.

Posted by Jim Mathies | Filed in Technology | Comment now »