spice-boy

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  • Goldman Sachs denies claims of Apple Card gender bias


    maestro64 said:
    I'm retired -- which means that my savings are high and my income is low.   As a result GS gave me the lowest credit line of all my cards (about half).

    Does that mean that they discriminate against retired people?

    Yes they do, you can thank the last administration for all this heavy handed over regulations. Today banks can not extend credit on your assets, only on your ability pay based on your wages. My in-laws who are retired, sold their house to move into something more manageable and needed a temporary loan during the transition and had lots of saving and equity in the house they were selling but no bank would cut them a loan for the simple fact they have no income other than SS and some IRA income.

    You should be happy your retirement accounts are not being manage by the Labor department today. That was the other regulation which came out of the 2008 crash and was put in place right at the end of the last administration. It did not get implemented by the new administration, it was killed. Otherwise the Labor department would have say so over how your retirement money could be invested. No more Apple stock in your IRA.

    For Reference sake, read one after the other.
    https://www.independentsentinel.com/obama-labor-dept-sets-stage-for-nationalizing-retirement-accounts/
    https://www.businessinsider.com/trump-executive-order-on-fiduciary-rule-main-street-retirement-money-2017-2
    https://www.whitehouse.gov/presidential-actions/executive-order-strengthening-retirement-security-america/

    Those regulations came about for a good reason it was called the Great Recession. The administration you mentioned needed to stop the Ponzi schemes which the investment banks used to build a house of cards. When people or industries are left to the own devices and without oversight disaster soon follows. Did you mother tell you not to eat too much candy or did she tell you as a child that you can do whatever you want because freedom means no boundaries? 
    muthuk_vanalingamlostkiwi
  • Apple seen posting record $90 billion holiday quarter driven by Services & iPhone 11 deman...

    lkrupp said:
    Why are so many analysts suddenly positive about AAPL? AAPL has been surging this year. Something smells fishy. Pump and Dump before Oct 30 quarterly report? This certainly doesn’t jive with the resident experts here on AI who are saying just the opposite.
    Please take off that aluminum foil hat. 
    muthuk_vanalingamAppleExposed
  • Apple investment in Chinese wind farms providing 134 megawatts to grid


    donjuan said:
    What happened to the mountain of dead birds the windmills killed? The Chinese probably ate them.
    Birds are being killed off in the USA on par with the rest of the world and wind power is not even a thing here. It's environmental reasons such as pollution and loss of habitat that killing our birds
    muthuk_vanalingam
  • Judge rules against forcing suspects to unlock phones with Touch ID or Face ID

    86hawkeye said:
    On one hand I can see the "inherently testimonial" argument on this.

    On the other hand, how is a warrant to unlock a device via Face ID or Touch ID different than a warrant to allow police into your house to search for something?

    The police are not allowed to take blood or DNA samples from a person without a court order, biometric triggers fall under the same rule. 
    dysamorianetmageFileMakerFeller
  • Apple searching for 750,000 square feet of Manhattan office space

    Very probably that many of the staff will be quite well paid, but they still will not be able to easily afford living on Manhattan. It is not sustainable. There are still some “affordable” places in this borough, but many will be competing for those spaces which are already overpriced to begin with. 

    So those who are left without a convenient apartment or condo in Manhattan will have to find their new home addresses outside — Such as Bronx, Staten Island, Brooklyn, Queens, Jersey City, Hoboken, or Weehawken, Westchester. This means there will be thousands more passengers added to the already congested MTA, Metro-North, LIRR, NJT, and PATH trying to commute to the Apple office in Manhattan. 
    Huh, funny I haven’t seen people making these comments when there’s been articles here about Amazon’s expansion into NYC.   
    There were comments about Amazon, I know I left a bunch myself. 
    muthuk_vanalingam