the personal blog of Greg Bassett, IT Security, Travels & Endurance Sports

Category: politics

Digital Domain – Zero-Liability Policy Protects Bank Customers From Phishing – NYTimes.com

Back in the day, my bank wanted to charge me a fee for online banking.  Within a couple of years, they wanted to charge me a fee for talking to a human.

Now this.

Digital Domain – Zero-Liability Policy Protects Bank Customers From Phishing – NYTimes.com.

I’d like to charge our anointed leaders with a dumb-ass fee.   Bob Mueller?  Falling for a Phishing Scam?  and his wife knew was a scam from his verbal description of the event?

Really?

And they wonder why a couple of losers sneak in to see the Prez…

The exploding debt myth

Excellent rebuttal of the sturm und drang echoing in the media about the national debt.

So, to review: to make the debt look scary, you have to dismiss the post-World -War II experience, even though it turns out that the 50s offer a quite good lesson; assume that in the future the federal government will have to amortize debt over a quite short period, even though it never had to in the past; compare this inflated debt burden with a narrow piece of the federal tax base; and ignore the likely growth in the tax base over the next decade.

The Burden of Debt – Paul Krugman