Number of bank-branches in U.S. and China.

U.S. banks have 93,000  branches , according to AlixPartners, a New York  consulting firm—the lowest tally since 2007.

The firm expects the figure to drop to 80,000  over the next decade, putting the total closer in line with 2000 levels.

China Merchants Bank,  the country's fifth largest bank by market value, has 400 branches  and sub-branches in more than 30 cities around China.

Manufacturing in the United States, China and South Korea

Manufacturing in the United States is about $1.6 trillion, or 12 percent  of our Gross Domestic Product.

Manufacturing’s share of GDP declined  from 28.3 percent in 1953 to a low of 11.2  percent in 2009.

Manufacturing in  China generates 32% Gross Domestic Product and 27.5% in South Korea.

The number of people receiving food stamps in U.S.

The number of people receiving food stamps in U.S.:

 47,791,996 or 15% of the population

 57,658 or 8% of the population in North Dakota

 

 

672,339 or 23% of the population in Mississippi

The most important industry of the United States

The most important industry of the United States

154 million America's total workforce in April 2009

17,209,300 Number of workers in the health care and social services sector in Feb. 2013

The Largest Hospital in America:

New York-Presbyterian Hospital/Weill Cornell Medical Center (New York City)

It has  4,777 Employees on LinkedIn

Average salary : 48,833

Average salary in the U.S.: $28,567

How many people in the US hold two full time jobs with no benefits?

How many people in the US hold two full time jobs with no benefits? 

13.205.000 million people hold two full time jobs with no benefits in the U.S.

Roads and bridges

Roads and bridges should never be built unless their financing, construction and operation is all purely private.

Why only 10 percent of the workforce is self-employed in the U.S.

Big government likes big providers.

That's why U.S. government is gradually making the small business a relic.

In the not too distant future, most small business owners will be hourly wage earners, likely employed by a chain stores.

Why? Because when small business owners work online or  in small offices, it is hard for  Washington to regulate what they do.

There are 15.4 million of them, and the government is too remote.

 It is far easier for federal agencies to regulate  an entrepreneur if he works for big company.

So U.S. government shifts money to favor the delivery  of products and services through big company-owned networks, preferably with public companies  lobbying  Washington

The irony is that in the name of growth and development, U.S. government will  almost certainly make the small business  more expensive. It turns out that when an entrepreneur  become salaried as abig company employee, his overall productivity falls.


The U.S. government imposes  costs on entrepreneurs  who remain independent—for example, mandating that all  business no matter what size to file enormous tax paperwork, federal and state.

The Federal Reserve “printing machine” creates the following situation:

Today, qualifying for a loan for small business is almost impossible.

The self-employment tax rate for self-employment income earned in calendar year  2012 is 13.3% (10.4% for Social Security and 2.9% for Medicare) It should be noted that anytime self-employment tax  is mentioned, it only refers to Social Security  and Medicare taxes and does not include any other taxes that self-employed individuals may be required to file.

Rubio Introduces Legislation To Expose Costs Of Federal Regulations For Small Businesses

Rubio: “Currently there is no up-to-date assessment by the government showing what its federal regulations are costing small businesses and the American taxpayer. By requiring annual reports, we will have a sense of the cost of all the hurdles small businesses have to jump over and can determine just how excessive current regulations are on business owners.”

Only 10 percent of the workforce, according to the  Bureau of Labor Statistics is  self-employment in the U.S.

The average two-income couple in America pays roughly $110,000 into Medicare over the course of their working lives.

According to studies of official government by both the Urban Institute and budget whiz, Senator Tom Coburn, the average two-income couple in America pays roughly $110,000 into Medicare over the course of their working lives.

 The total cost of care for that couple, however is over $350,000.  So in other words, for each and every retiree in this country, we’ve got a hardworking taxpayer paying in roughly one-third the cost of the care they will ultimately receive. 

And that 65 or 70% per person funding deficit is tough to overcome.

The easiest way to make money

Bank of America profited from a big options bet it made on an alcohol-company stock days before the beverage maker announced an acquisition in which the bank was the lead lender

Why derivatives are not traded publicly?

Why derivatives are not traded publicly?

Because Berkshire Hathaway , a key player on Capitol Hill, has a derivatives portfolio of $63 billion that produces a yield  of $1.28 billion in derivative gains.