• Gender: Male
  • Nationality: American
  • Birthday: January 8, 1985
  • Registration date: June 23, 2013
  • Last visit: May 24, 2017

Follow - Friend RequestRockshard PhD

rockshard PhDInside Job

1 day ago

"In the old system, when a homeowner paid their mortgage every month, the money went to their local lender. And since mortgages took decades to repay, lenders were careful. In the new system, lenders sold the mortgages to investment banks. The investment banks combined thousands of mortgages and other loans — including car loans, student loans, and credit-card debt — to create complex derivatives, called collateralized debt obligations, or CDOs. The investment banks then sold the CDOs to investors.

Now, when homeowners paid their mortgages, the money went to investors all over the world.

The investment banks paid rating agencies to evaluate the CDOs, and many of them were given a AAA rating, which is the highest possible investment grade. This made CDOs popular with retirement funds, which could only purchase highly rated securities.

This system was a ticking time bomb. Lenders didn't care anymore about whether a borrower could repay, so they started making riskier loans. The investment banks didn't care, either; the more CDOs they sold, the higher their profits. And the rating agencies, which were paid by the investment banks, had no liability if their ratings of CDOs proved wrong."

Inside Job

Inside Job is a 2010 documentary film about the late-2000s financial crisis directed by Charles H. Ferguson. The film is described by Ferguson as being about "the systemic corruption of the United States by the financial services industry and the conseque...

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Gries He The Big Short

1 day ago

rockshard PhDEconomics

2 days ago

Husky Wing, what do you think of basic income? Is it viable?

We know how to end poverty. So why don't we? - You...

The idea of a "basic income" has a long intellectual pedigree, and the case for it is better than you might expect. Read more about the simplest plan to end ...

m.youtube.com - Play Video

Husky Wing I'm a massive supporter of universal basic income. I strongly oppose 40-hour work weeks, and think that our definition of "full-time" work is too taxing on workers, and with a universal basic income, people wouldn't have to push themselves to work those long hours. Some people would be able to focus on personal projects to make money on their own. To fund it, we'll just eliminate some tax loopholes! A capitalist society doesn't require anyone to live in desolate poverty (and a mix of capitalism with socialist policies is, I think, ideal for everyone). In our corrupt country, it's not viable, because our establishment wants stark class lines.

2 days ago

rockshard PhDRPG Maker VX Ace

5 days ago

I've decided to add loading sounds to my game.
Now I just need an icon to appear whenever the sound occurs, such as a small picture of a disc. It would be really cool if I could get an animated one. (shouldn't be too hard to animate one myself)

Freesound.org - "reading_floppy_disc_2.wav" by KRA...

Freesound: collaborative database of creative-commons licensed sound for musicians and sound lovers. Have you freed your sound today?


rockshard PhDYouTube

6 days ago

I just saw a youtube user named Waluigi McSpermDump.


YouTube is a global video-sharing website headquartered in San Bruno, California, United States.

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Mr. ZAP Good times were not had by all.

5 days ago

rockshard PhDHat

6 days ago


bucket hat
trilby hat (fedora)
duckbill / ivy / flat cap

Maybe I should get one of those. Which do you think would look good on me Favslist?


A hat is a head covering. It can be worn for protection against the elements, for ceremonial reason, religious reasons, for safety, or as a fashion accessory. In the past, hats were an indicator of social status. In the military, they may denote nationali...

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Gries He snapback

5 days ago

rockshard PhDPC

6 days ago

size of folder containing PSP games: 77 gb
HDD space remaining: 60 gb

Maybe it\'s time to cut back on the downloads.


A personal computer is a general-purpose computer, whose size, capabilities, and original sale price makes it useful for individuals, and which is intended to be operated directly by an end-user with no intervening computer operator. This contrasted with....

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rockshard PhDAir Conditioner

1 week ago

I hooked up the AC!

Air Conditioner

Air conditioning (often referred to as aircon, AC or A/C) is the process of altering the properties of air (primarily temperature and humidity) to more favourable conditions, typically with the aim of distributing the conditioned air to an occupied space....

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rockshard PhDLetterboxd

3 weeks ago

You can't delete your own ratings. What a shit site! xD


Letterboxd is a social network based out of Auckland, New Zealand where people can track and share their taste in film. Letterboxd was co-founded by Matthew Buchanan and Karl von Randow in 2011, and as of May 22, 2013, there were 58,500 members. The site....

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Dr Eggnogrockshard PhD

2 months ago

Fuck off

Silent Gamer Delete this!

2 months ago

Gries Herockshard PhD

2 months ago

Delete this status, rockshard

Dr Eggnog Clock is ticking! Diffuse the bomb!

2 months ago