The New American Job

The New American Job:

The part-time job.

The number of workers employed part-time because they couldn’t find a full-time job increased by a seasonally adjusted 322,000 last month.

What is a  part-time job? :

 The Fair Labor Standards Act (FLSA) does  not define full-time employment or  part-time employment

A new way of governing

The selective enforcement of laws.

The government delays the insurance mandate for  businesses, though not for individuals,  of the Patient
Protection and Affordable Care Act (PPACA)

The government  rewrites via regulation the laws it dislikes.

The Law Against Free Market

The Law Against Free Market

Tesla has won lawsuits in several states giving it the right to sell its cars directly to customers.

But Virginia recently slapped down Tesla’s attempt to sell its electric Model S directly to customers.

Automobile dealers associations have been trying  to prevent Tesla Motors from opening its own
dealerships.

Tesla is banned from opening dealerships in Virginia.

The law is restrictive and  intends to prevent large car manufactuers from  selling directly to customers.

The car-dealer lobby has worked hard to  ensure that  You Can't Buy a New Car Online.

Since the late 1990s, car dealers have used their  considerable political clout to pass or better
 enforce state franchise laws that in many cases  make it a criminal offense for an auto manufacturer  to sell a new car to anyone but a state-licensed  car dealer.

The Privilege of Large Employers

The Privilege of Large Employers:

The Obama administration said it is delaying penalties for large employers who don't provide  health insurance coverage to workers under  the federal health-care law for 2014.

If You Are Self-Employed You Are Required to  Have Health Insurance or  Pay a Penalty.

Number of employees of EPA

The United States Environmental Protection Agency (EPA) has 17,359 employees  (2011) and a budget of $8.682 billion (2011), $500,144 per employee.

The Ministry of Environmental Protection of the People's Republic of China (MEP) was set up in March 2008 with  two Chief Engineers one Minister , five Vice Ministers and one Member of the Leading Party Group of MEP,

The modern "global middle class”

The modern "global middle class”, status defined by education or simply in monetary terms, is engaging in political activism to save  its economic self-interest as in the past the French, Bolshevik and Chinese Revolutions did .

The modern "global middle class” knows that the only way to save its status is being the “new part” of the “new big government”, an ineffective, unresponsive  and corrupt "system".

How Lobbying Spenders Make a Law

U.S. Senate passed a giant, 1,200 page immigration bill.

The Senate bill provides $50 billion for border security measures.

Boeing and a team of companies including L-3 Communications and
L-3 Government Services, Washington D.C.; Unisys, Reston, Va.;
Perot Systems, Plano, Texas; Kollsman Inc., Merrimack, N.H.; and
DRS Surveillance and Reconnaissance Group, Palm Bay, Fla.,
have formally placed a bid.


Boeing Is Top Lobbying Spenders In Washington.
Boeing spokeswoman Susan Bradley says the company recently decided to re-engage with the Washington legislature on issues of what she calls “business competitiveness.”


Total Lobbying Expenditures
    for Parent L-3 Communications in 2010: $4,930,000

Total Lobbying Expenditures
    for Parent Unisys Corp: $906,349

Total Lobbying Expenditures
    for Parent Perot Systems in 2006: $247,713

DRS Technologies announced on September 25 that it has been selected to be a member of the Boeing Company SBInet team.
The work will be performed by DRS Surveillance and Reconnaissance Group of Palm Bay, Fla.

The new enemy of the Government

Bitcoin is the new enemy of the Government.

Banking regulators in California, New York and Virginia in recent weeks have issued warnings to virtual-currency exchanges and other companies that deal with bitcoin that they could be closed down if their activities run afoul of state money-transmission laws.

The US Treasury will insist that virtual currencies comply with anti-money-laundering laws.

US Financial Crimes Enforcement Network issues guidance on virtual currencies, suggesting Bitcoin
exchanges are in for greater scrutiny.

FinCEN’s reg ulations define currency (also referred to as “real” currency) as “the coin and paper money of the United States or of any other country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the
country of issuance.” 

In contrast to real currency, “virtual” currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency. In particular, virtual currency does not have legal tender status in any jurisdiction.

This guidance addresses “convertible” virtual currency. This type of virtual currency either has an equivalent value in real currency, or acts as a substitute for real currency.

Why every quarter U.S. GDP Growth Is Revised Down?

Why every quarter U.S. GDP Growth Is Revised Down?

Because downward revisions are more common than upward revisions. 

Because consumer spending is  more than two-thirds of the U.S. economy  and government controls about 40 percent of consumer spending.

Why entitlements will not fail?

Why entitlements will not fail?

Because everybody feels that we have a right or a claim to something.

Because they are payments made directly to individuals.

Because the federal government wants to be legally obligated to make payments.

Because they make up the major part of the federal budget.

Because the government assistance to individuals is mandated by law and by need.

Because everybody wants the right to a particular privilege.

Because an individual qualifies simply by virtue of his or her circumstances.

Because the mayority of the people does not believe the idea that everything  should be obtained through effort.

Why America is not Europe?

Why America is not Europe?

Because America has CME Group Inc. (Chicago Mercantile Exchange), the world's largest futures exchange company; the world's leading and most diverse  derivatives marketplace; the place  where the world comes to manage risk.

Why central banks cannot stabilize financial markets?

Overburdened central banks cannot stabilize financial markets without governments reforming economies and banking systems.

Central banks are out of control, they have persistent policy problems; they do not have the independence to determine the best way of achieving its policy goals; they cannot solve economic problems; they are unable and unwilling of dealing with a bubble economy.

Why Mt.Gox, the world's largest bitcoin trading exchange, has halted withdrawals of customer funds in U.S. dollars?

Why Mt.Gox, the world's largest bitcoin trading exchange,  has halted withdrawals of customer  funds in U.S. dollars?

Because the Tokyo-based exchange is the only FED concern nowadays.

Life's greatest pleasure?

 Life's greatest pleasure?

Rowing (sport)

What makes you average American ?

What makes you average American ?

To land in the middle quintile – where you are richer  than 2 out of 5 households but poorer than 2 out 5 households – requires  an income of between $34,738 and $55,330. 

That – and that only – is the average American family. 

You are only “average” if you have pre-tax income of between  $2,894.83 and $4,335.75 per month.

Anything below this and you are below average. 

Anything above this and you are above average.

The war between government and technology.

The war between government and technology.

The Texas state government has banned drones for most private use.

The state of North Carolina is considering a ban on  direct sales of Tesla vehicles.

The state of New York considers Airbnb illegal

Ride-sharing startups like Uber, Lyft, and Sidecar  face constant threats and hurdles as they  expand outside of the Bay Area.

 Bitcoin,  suffered a recent Fed crackdown as the most active exchange  for the popular crypto-currency.

The ways things are going, 3-D printers will be  banned because some fanatic will hack software that lets him print a 3-D gun.

There is no bigger menace for a human being than when government goes to work.

There is no bigger menace for a human being than when government goes to work.

Oversight and accountability are unknown words  for goverment.

Government is extreme.

The U.S. government is really spying on American  citizens.

Bad guys and terrorism were always the excuses of totalitarians to harm, harass or invade the liberties of individuals.

How many spies the U.S. Government has?

How many spies the U.S.  Government has?

3 million.

The official intelligence agencies in the U.S are:

• Office of the Director of National Intelligence
• Independent agencies
o Central Intelligence Agency (CIA)
• United States Department of Defense
o Defense Intelligence Agency (DIA)
o National Security Agency (NSA)
o National Geospatial-Intelligence Agency (NGA)
o National Reconnaissance Office (NRO)
o Air Force Intelligence, Surveillance and Reconnaissance Agency (AFISRA)
o Army Intelligence and Security Command (INSCOM)
o Marine Corps Intelligence Activity (MCIA)
o Office of Naval Intelligence (ONI)
• United States Department of Energy
o Office of Intelligence and Counterintelligence (OICI)
• United States Department of Homeland Security
o Office of Intelligence and Analysis (I&A)
o Coast Guard Intelligence (CGI)
• United States Department of Justice
o Federal Bureau of Investigation (FBI)
o Drug Enforcement Administration, Office of National Security Intelligence (DEA/ONSI)
• United States Department of State
o Bureau of Intelligence and Research (INR)
• United States Department of the Treasury
o Office of Terrorism and Financial Intelligence (TFI)[7]


The three biggest employers are

CIA = 135,000e employees

FBI = 30,485 employees

NSA= 30,000 employees

The rest of the intelligence agencies have around 500,000 employees.

Total amount of official spies in the US is around: 700,000

This number is three time bigger if we account spies outside the U.S. and independent contractors spies.

Total number spies the U.S.  Government has:  it is around 3 million.

Freedom literacy

Freedom literacy is a new skill we need to live in this new world of individual  responsibility and Government's collection of  electronic data

 Very few countries have taken the initiative  to improve freedom literacy and capability.

If you don’t do that, this is not something  that grows with you or that people acquire by  their daily lives.

Recording everything you do, forces you to be aware of where your go and what  you do.

The more we focus on our freedom and are conscious  of it, the more likely we will not take it  for granted.

How to limit inefficient government bureaucracy, tax rates and tax regulations?

How to limit inefficient government bureaucracy, tax rates and tax regulations?

Place a civil servant a congressman and a senator in a dreary office rented by them and tell them to run a business for a year.

What is the main difference between Europe and America?

What is the main difference between Europe and America?

The location of the financial assets.

Banks dominate finance in Europe, especially in the struggling south.

Some 85% of financial assets  in Italy, 87% in Spain and 96% in Greece are held by banks and other credit institutions, compared with less than 30% in the U.S. So when the banks don't lend, European economies can't grow.

Even if U.S. banks are struggling, U.S. companies can raise funds from the markets.

When fiscal and monetary policies do not work.

When fiscal and monetary policies do not work.


No matter how many quantitative easing programs  you can use.

In 2006, 63.4% of the American working-age population was employed. That percentage declined to a
low of 58.2% in July 2011 and now stands at 58.6%.

Freedom and security never matched

Freedom and security never matched

According to the US Government:

Every time  Americans makes a call, the US Government  gets a record of the location, the number called, the  time of the call and the length of the conversation.

Every time  Americans send and email or visit a website the US Government gets a record of it.

Every time  Americans pay with a credit card the US Government  gets a record of it.

Every time  Americans create information the US Government "maps" individuals connected  with that information.

The US Government surveillance of people is breathtaking.

 Is the US Government out of control?

Why poverty in America is concentrated most heavily in the mid-western states and old industrial north east?

Why poverty in America is concentrated most heavily in the  mid-western states and old industrial north east?

Because few rural areas are experiencing population growth

According to the Department of Agriculture 15 per cent of the US population spread across 72 per cent of its land area and those aged 65 and over account for 15 per cent of  the rural population but 12 per cent of population  nationally.

Economics is not a highly sophisticated field of thought.

Economics is not a highly sophisticated field  of thought.

You don't need to be an economist to know  what was wrong in the past.

And about the future, careful economic analysis  and data are unable to kill personal interest and ideology at time of making tough choices.

Another victim of Fed exporting inflation overseas:

Another victim of Fed  exporting inflation overseas:

Turkey

Inflation rate (consumer prices):
9.1% (2012 est.)

SOURCE: 2013 CIA WORLD FACTBOOK

Another typical effect:

Antigovernment protests spread as more than  100,000 people took to the streets across Turkey.

Every government knows that the only way they do anything is the way they've always been doing it:

Every government knows that the only way they do anything is the way they've always been doing it: proposing to expand its reach into  the existence of a massive government.

Personal income in U.S. in March 2013

Personal income is an individual’s total earnings from wages, investment interest, and other sources.

Disposable income is total personal income minus personal current taxes.

In March 2013, according to the Bureau of Economic Analysis (BEA)

Personal income  was:               
$49,584.00   

and

Disposable personal income (DPI)   
 $33,216.00

How many hedge funds are in the U.S.?

Hedge-fund databases, BarclayHedge  contains 4996 hedge funds and 24376 Funds (hedge funds + Fund of Fund) .

Morningstar’s hedge fund database contains data on 7,000 actively reporting funds from more than 3,700 managers. Additionally, Morningstar offers historical information on more than 12,000 dead hedge funds.

One man alone means everything

One man alone means everything

IRS employees ratios compared with Germany

IRS employees ratios compared with Germany

The IRS has 93,337  employees.
According to the IRS 2009 Data Book.

United States of America - population:

311,591,917 (2011)

One IRS employee for 3,338 Americans

Germany - population

81,726,000 (2011)

The German IRS, the BZSt, has 1,400 employees
According to the Bundesministerium der Finanzen 2006 Data Book.

One BZSt (IRS German equivalent) employee for 5,837 Germans.

Number of self-employed in US

In 2009, 15.3 million individuals in the U.S. were self-employed, including both those who had incorporated their businesses and those who had not.

The self- employment rate, was 10.9 percent, rate at a four-year low.

In 2010, 11.5 percent of immigrants in the U.S. were self-employed, rate at four-year high.

This country can accomplish great things if we pursue our own individual ambition.

Government is a separate, sinister entity that is  the root of all our problems.

Democracy is working as well as we know it can.

Individual ambition is as a virtue.

We can do big and important things alone.

This country can accomplish great things if  we pursue our own individual ambition.

How the government can help the poor

Do not make the poor a government employee

Do not invest in government employees

Do not place barriers to entry in any market

Do not make war on success

Do not help to the entrepreneurs

Do not grease the wheels of financing

Do not increase access to government contracting

Do not try to fix the economy

Do not try to move the economy

How much money has Apple in China?

According to the Apple earnings call, the company had a whopping $137 billion dollars in cash at the end of December.

 About two-thirds of that money, "about $91 billion," was "offshore" at the end of December, according to Apple CFO Peter Oppenheimer.

 Apple employs 43,000 people in the United States and 20,000 overseas,

The operating budget of the U.S. House of Representatives

The budget for the U.S. House of Representatives is 15% lower in 2013  than it was in 2010. 

They’ve cut $400 million out of their own operating budget.

The operating budget of the U.S. House of Representatives is amazingly high: 2.2 billions of  dollars

Big business and big government

Big business and big government are uniting to pursue their mutual interest in sticking  it to the little guy.

How many people are sick in the US?

How many people are sick in the US?

In 2005, 133 million Americans had at least one chronic illness and each year  48 million people get sick  of foodborne diseases according the CDC.

25.9% of Housing units are in multi-unit structures in the U.S

25.9% of  Housing units are  in multi-unit structures in the U.S.

 41.8% in Massachusetts and
16.3% in Montana

Who did this in Boston?

The first suspect at 10 p.m  is a foreigner with a student visa.

How Long Will Social Security Last?

The Trustees of Medicare and Social Security say that the trust funds will run out in eleven years for Medicare and about twenty years for Social Security.

Margaret Thatcher's Best Quotes

"No one would remember the good Samaritan if he'd only had good intentions. He had money as well."

 "There is no such thing as society. There are individual men and women, and there are families."

 "There are dangers in consensus: it could be an attempt to satisfy people holding no particular views about anything.…No great party can survive except on the basis of firm beliefs about what it wants to do."

 "You don't win by just being against things, you only win by being for things and making your message perfectly clear."

 "I am extraordinarily patient, provided I get my own way in the end."

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.