6502

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6502
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  • Congress members demand Apple exit China in letter to Tim Cook

    If those politicians are suggesting that each and every US company stop trading with China then they really have no clue about global trade. The Chinese will certainly retaliate and call in the huge amounts of US Debt that they hold. What then GOP? That act alone would guarantee that the USA defaults on its debt repayments. That would plunge the world into a very deep depression. These people really do need to be taught about the laws of unintended consequences and how they apply to the US State as a whole. That said, the human rights crimes that the PRC are doing to its citizens is abhorrent. Much worse went on during the cultural revolution but it is still wrong. I'd like the GOP to clean up its own human rights scandal first. Denying US citizens the right to vote is a crime against the constitution but they don't see it like that.
    You clearly have no idea how treasury bonds work. China can't just "call them in". Treasury bonds are issued for a fixed period, from 1 month to 30 years. If China doesn't want them anymore, they would have to sell them on the open market likely at a steep discount and they would lose money. It would affect China far more than it would affect us. We would continue paying interest on those bonds like we always have and would by no means guarantee we would default (most rates on T bonds are less than 2%). China own only 4% of our debt anyway, and China uses their US bond holding to backup up their currency and keep it weak compared to US dollars to increase the value of their exports.

    And, the GOP never denied a US citizen the right to vote. Hyperbole much?
    buttesilverGRKosturspheric
  • Over 200,000 people affected by Amazon review scam data leak

    I've gotten free products that I've left positive reviews for. They sent me the products before I left the review, so I could have said anything (but probably would not have been invited back if I left a bad review). The products were good and I left honest reviews.
    watto_cobra
  • Goldman Sachs Rod Hall admits defeat, hikes Apple target to $130

    Quite bold of him setting a $130/share price target when Apple currently trades at $133/share.

    Back in the late 90's my broker recommended I sell few shares of Apple that I bought in high school. I didn't and today that $5000 investment is worth $480k. Never used or listened to a broker since.
    FileMakerFellerBeatswatto_cobra
  • The frontrunners for next Apple CEO: Speculating on Tim Cook's successor

    jimh2 said:
    Another absurd column regarding Cook’s retirement from Apple. He said he does expect to be at Apple into the next decade. No one knows with any degree of certainty what they will be doing in 5, much less 10 years. To follow up the speculation of Cook’s potential retirement with a list of potential candidates who might be around or willing to take the job should it be offered is speculation on speculation. AI is venturing into National Enquirer territory. 

    I see Ive and Ahrendts as least desirable choices for CEO. Both are fashion oriented with Ahrendts coming from the fashion world and Ive applying fashion to devices without regard for usability, battery life and serviceability. 
    Jeez, relax. "Speculation" is literally in the title of the article. There was nothing wrong with this article.
    nhughesronnelijahgsully54danoxroundaboutnow
  • Microsoft reveals Chinese hack targeting Microsoft Exchange

    "They’re not bad folks, folks … They’re not competition for us." - J. Biden.
    watto_cobra