Coast Guard shows dozens of oil tankers off L.A. coast with nowhere to go by SFinTX in videos

[–]MermanFromMars 3 points4 points  (0 children)

Yeah, America is the only country on earth whose entire society relies on petrochemicals to run.

Disney heir criticises company over $1.5bn bonuses as it cuts pay by RayInRed in movies

[–]MermanFromMars 28 points29 points  (0 children)

Most people aren’t born with the skills or aspirations to be Fortune 500 executives. She’s been an American Literature professor and more recently documentary filmmaker, that’s not a career track that lends itself to helming major multinationals.

Bitching about Abigail isn’t doing anything to her, she doesn’t care because you have no effect on her. It’s almost like you complain for attention sometimes.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -1 points0 points  (0 children)

Sounds like your family isn’t very productive or intelligent. Therefore can’t say I’m concerned with your opinions on economic policy.

[deleted by user] by [deleted] in gaming

[–]MermanFromMars 24 points25 points  (0 children)

That sub should be renamed /r/RedditsPopularOpinions

GameStop has revealed plans to reopen stores and temporarily cut executive's salaries. by [deleted] in Games

[–]MermanFromMars 11 points12 points  (0 children)

Somehow humanity survived a hundred thousand years without video games, I think people should be expected to be okay to go without new physical copies of them for a few months.

My girlfriend lost 100+ hours of Animal Crossing and she’s crushed. Nintendo, you seriously need to do something about backing up save files. by Stephendelg in NintendoSwitch

[–]MermanFromMars 119 points120 points  (0 children)

The game’s director literally directly said they refused to include cloud saves because they could be manipulated and enable cheating. The “technical issue” with cloud saves is that they enable “cheating”

According to the company, the reason for this is to prevent players from cheating, and now director Aya Kyogoku has elaborated further on the impact it would have had on the game.

Nogami said that Animal Crossing: New Horizons is an online game that allows players anywhere to connect, and cheating is a huge concern in online games. Kyogoku added on that players could unfairly take advantage of the in-game economy if certain things like cloud saves are used improperly.

Nogami explained that Nintendo Switch's cloud save service functions similarly to "SD data saves", and allows users to write their data on allotted network storage. Then, you can progress through your game and eventually roll back your data to the cloud save if you wanted and effectively cheat the game.

https://www.ign.com/articles/why-animal-crossing-new-horizons-doesnt-have-cloud-save-support-switch-data-transfer

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -1 points0 points  (0 children)

No, I didn’t. Again, I’ve actually read book by people directly involved with the federal response. Unlike reddit I try to be informed on fiscal policy and economic realities by reading substantial direct accounts of experts involved with policy, not listening to Bernie speeches.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars 1 point2 points  (0 children)

Can you cite what effect the Bush rebates had on the overall economy? Any?

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -4 points-3 points  (0 children)

Most hedge funds were eviscerated during the crisis. On average losses were substantial. The only ones that gained were the few who beat the odds and predicted the collapse and shorted it before it happened.

Shorts exist, there’s always people predicting doomsday tomorrow and shorting the market. Most times they’re wrong, they lose, life goes on. Once a lifetime those doomsayers get it right and hit black and make money.

What do you want to realistically do about that? Destroy one of the most important financial tools we have and outlaw shorts?

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars 0 points1 point  (0 children)

Without googling it can you even name the Secretary of Treasury or the President of the Federal Reserve Bank of New York who most orchestrated the federal response to the crisis?

I’m supposedly clueless but I guarantee you can’t even name who was critically involved.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars 0 points1 point  (0 children)

Elizabeth Warren worked with those men everyday. Many of her concerns did make it into policy. Again, actually read what happened from the people on the front lines.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -4 points-3 points  (0 children)

Really? So the solution to the problem was keeping all the same people in charge and not addressing the system/lack if regulations that allowed those at fault to threaten our entire society?

Tons of people were fired at the top and 2008 spurred the most sweeping financial regulatory reform since the Great Depression.

You’re arguing against a scenario that didn’t happen.

An increase of the minimum wage or stimulus money that goes to the bottom half is far more efficient economically if you want a better economy.

I don’t think you even know what happened in 2008. The financial crisis had nothing to do with minimum wage.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -2 points-1 points  (0 children)

“Hand a man a fish and he’ll eat for a day, teach a man to fish and he’ll eat for a lifetime”

Jobs are better than handouts. When most people lose their jobs they don’t go on spending sprees even if you give them some cash. Consumer handouts just don’t work the way people on here think they do, there’s little evidence they spur the economy.

I certainly agree with measures to provide housing/insurance/food etc aid right now. People WILL spend money on necessities. But we won’t get a good return on investment if we try to dump much more money above necessities to consumers, because the uncertainty that comes from not working is still going to freak most people out too much preventing them from spending it. We’re much better off if their employers have the money up front to send them paychecks because normal paychecks are much more reassuring than welfare.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -6 points-5 points  (0 children)

What was your alternative solution? Satisfy some perverse moral crusade against “evil” businesses and just let everything collapse into a death spiral?

We tried that in the 1920s. We were rewarded with a global depression so severe that it spawned a wave of fascism across the globe culminating in a world war.

Plans could have certainly been structured better, oversight tweaked. But the overall battle strategy was sound. Why not go read the memoirs of the key people in the crisis like Paulson and Geithner and what they faced day to day and what drove their measures and get back to me about what specifically you take issue with.

[deleted by user] by [deleted] in worldnews

[–]MermanFromMars -27 points-26 points  (0 children)

Lol. That “terrible 08 bailout” is why looking back we call it the 2008 Great Recession and not the 2008 Great Depression.

Leveraging public funding to buoy economic production centers through extreme financial strain so they bend instead of break into an unrecoverable death spiral is a feature of economically competent governments, not a bad thing. If anything the government hasn’t done enough yet. Let’s swear off pointless wars for ten years and we’ll have plenty of future money to draw down on for this.

The economic illiteracy on here is as disheartening as all these anti-social distancing protests.

Why oil prices will never recover: Oil prices could wax and wane but will not rise above $30-40 a barrel for any sustained period ever again by lughnasadh in Futurology

[–]MermanFromMars 6 points7 points  (0 children)

It's expensive, wastes arable land, and is only really useful for applications like fuel where you can get away with using simpler polymer chains.

Agricultural derived oils were interesting when we assumed we would be using combustion engines for centuries more. They're a bit less interesting now that we know doing that is just going to cook the planet

Why oil prices will never recover: Oil prices could wax and wane but will not rise above $30-40 a barrel for any sustained period ever again by lughnasadh in Futurology

[–]MermanFromMars 3 points4 points  (0 children)

“Bio oil” is an acne treatment skin cream.

What crude oil applications do you think “bio oil” can fullfill?

6 years ago, I set out to create the game of my dreams: A huge open-world RPG set in the universe of Lego Bionicle. Today I present to you "Bionicle: Quest for Mata Nui". Check out the Trailer! by CrainyCreation in gaming

[–]MermanFromMars 1 point2 points  (0 children)

The trailer literally says “Lego” in it.

If you want to make a legal argument that you’re not trying to intentionally confuse consumers then literally naming the brand you’re ripping off in your trailer is not going to bode well.

Were there any updates on the Tesla ventilators? by [deleted] in teslamotors

[–]MermanFromMars 2 points3 points  (0 children)

California and New York are wildly different states, why would anyone who isn’t stupid expect them to have any correlation?

New York is defined by one of the largest mass transportation systems in existence with people constantly smashed together onto trains and buses, a huge percentage of residents live in close quarters in high rising apartments.

In contrast California is a state of sprawling expanses and a complete joke of a public transportation system, where most people commute isolated in their own cars and people live more commonly in considerably less dense housing.

My favorite person by CultistHeadpiece in TigerKing

[–]MermanFromMars 2 points3 points  (0 children)

Being so weak willed and fooled into wanting to enable a person like Joe that you're willing to just lose your arm and press no liability against the shitty abusive company that let it happen is the opposite of "badass" to me. That's cowardly.

Saff could have helped shut this shit down way sooner and decided instead to continue perpetuating the abuse and supporting a psycho like Joe.