The killer who killed 20 children

The suspected gunman’s parents divorced in 2009 when he was 17 years old.

His former grandmother said she remembered Adam  as a young child but didn’t know him as a teenager.

His parents had separated “years” before they divorced, she said.

The suspected gunman was a “socially awkward” teenager, a neighbor said.

The suspected gunman was kind of a loner and shy, a neighbor said.

His former grandmother ex-husband, who died in 2010, was a widower when she met him, with children and grandchildren of his own.

They married  in the 1990s and divorced in 2001, she said.

Our politicians have a hard time to figure out how it's working.

Start ups have a loss making initial development without any access to bank loans, they have many founders vs one owner, have many shareholders (founders, friends & family, angels, VCs…) vs a few. Our politicians, who are mainly civil servants or doctors and lawyers, are far away from the startup scene and have a hard time to figure out how it's working.

How Much Money Has the Fed Printed?

 At $85 billion a month, the Fed's balance sheet will  keep growing from its current $2.9 trillion, heading toward $4 trillion by the end of the year 2013. Four years ago it was less than $1 trillion.

Who works in U.S.A.?

 Who works in U.S.A.?       
       
Today total population in    U.S. 314,930,258   
       
Persons under 18 years in U.S.    72,433,959   
Public sector employees in U.S.    20,540,000   
Private sector employees in U.S.    104,347,000   
Number of retired people in U.S.    62,067,000   
Involuntary part-time workers in U.S.    8,200,000   
Unemployed in U.S.    11,970,000   
 Illegal immigrants in U.S.    11,125,000   
Armed Forces in U.S.    2,914,000   
Self employed in U.S.    14,460,000   
 Total:   308,056,959   

Why living standards will go down and inequality will go up in America in the next 30 years?

Why living standards will go down and inequality will go up in America in the next 30 years?

Because the difference between the the pensions and retirement  savings that American households ages 32-64 have today and what they should have today to maintain their living standards in retirement is $6.6 trillion based on the Center for Retirement Research at Boston College

Why Charitable Giving is a tax deduction?

Why Charitable Giving is a tax deduction?

Why the complete elimination of the charitable deduction has not been achieved?

Because it is the main tax break employed by Warren Buffett and other wealthy taxpayers.

Total giving to charitable organizations and foundations was $298.42 billion in 2011 (about 2% of GDP) , 90% given by individuals (because corporations have better tax breakers).

God bless the printing money machine

God bless the printing money machine

Benefits for not working:

Food stamps:

 45.8 million people,  15% of the U.S. population
 Average food stamp benefit was $133.80 monthly per person
Total full-year cost = 73,536,480,000

Disability payments:

10.7 million people
The average  monthly benefit payment was $1,190
Total full-year cost = 152,796,000,000

Unemployment insurance:

The total number of people claiming
 benefits in all programs for the week
ending November 17 was 4,959,240
 The average weekly benefit payment was $376.  
Total full-year cost= 95,931,538,560

Benefits for not working
are increasing the incentive not to work.


Number of Social Security Beneficiaries
55,404,480

The average monthly Social Security benefit
 for a retired worker was about $1,230 at the
beginning of 2012.

Total full-year cost =817,770,124,800