Heh. Yeah, you may have been a little ahead of the curve on this one. So which will it be?
1) We ignore the ruling. 2) OTB goes away. 3) We pay up by crucifying industries that had nothing to do with this but can't afford to pay the D.C. bribe?
we cant ignore it - the rest of the world gets to set up tariffs based on the ruling... essentially the rest of the world will be awarded several billion dollars against the value of US goods and services... which will tend to offset the devalued dollar here and there, making export of US product more expensive - and helping to drive the dollar lower.
now - will OTB go away? doubtful... it would kill the horseracing industry - and everyone knows it.
the problem is - honestly - if they open this up right now, a LOT of US cash will flee the country. see - the world historically sees the US as 'fish' - because we have cash and are absolute idiots when it comes to playing poker. There's actually the potential that more than 100b of US GDP would leave the country if they allow it... because there's nothing domestic to get into the space.
Seriously twisted mix of high-finance, MMORPGs, and information security all wrapped in a classic spy/crime story.
Glasshouse
Charles Stross
I love this guy's ideas. Mindwiped identity bending futurescape with a pointed take on modern times. This one's way up the recommended list.
Iron Sunrise
Charles Stross
Sequel to Singularity Sky - more great hard-sf from one of the absolute best in the genre. Love it.
Pattern Recognition
William Gibson
Not his strongest work - a modern fiction piece with some interesting ideas but it feels disjointed somehow.
Starfish
Peter Watts
Oh look, he's reading more dark hardsf... big surprise. This one brings strong psychotic-biochemistry-fu. Bring your brain
Little Brother
Cory Doctorow
A modern 1984 for teens... good layman tech and a great take on the idiocy of the war on terra
Accelerando
Charles Stross
Chunky short-story format that blazes with ideas and pace. Great book.
Singularity Sky
Charles Stross
Interesting SF space opera... an ideas book the way old Niven was in that the plot isnt really that important.
The Sunrise Lands
SM Stirling
The 4th in a line of Silly post-apocalyptic alternate history with a goofy premise taken too far... but fun to read.
Blindsight
Peter Watts
Rough and dark, but it grows on you... like a tumor. Post-gibson cyberpunk noire, the gripping hand in reverse - only really really really creepy. Dont plan on sleeping well after this one.
The Android's Dream
John Scalzi
Pratchett/Adams as hard SF - with all the humor of both. I loved the concept of the AI - bout time someone decided to attack the Wintermute conundrum backwards.
Thirteen
Richard Morgan
Not Kovacs, but interesting all the same. Dystopian take on the American political schism and where it heads - taking some old Dick ideas much further down the road.
2 comments:
Heh. Yeah, you may have been a little ahead of the curve on this one. So which will it be?
1) We ignore the ruling.
2) OTB goes away.
3) We pay up by crucifying industries that had nothing to do with this but can't afford to pay the D.C. bribe?
we cant ignore it - the rest of the world gets to set up tariffs based on the ruling... essentially the rest of the world will be awarded several billion dollars against the value of US goods and services... which will tend to offset the devalued dollar here and there, making export of US product more expensive - and helping to drive the dollar lower.
now - will OTB go away? doubtful... it would kill the horseracing industry - and everyone knows it.
the problem is - honestly - if they open this up right now, a LOT of US cash will flee the country. see - the world historically sees the US as 'fish' - because we have cash and are absolute idiots when it comes to playing poker. There's actually the potential that more than 100b of US GDP would leave the country if they allow it... because there's nothing domestic to get into the space.
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