Sunday, December 16, 2012

Per capita money income in cities with shootings


Per capita money income in the past 12 months  (2011 dollars) , 2007-2011 :

U.S.: $27,915

Newtown, Connecticut:    $48,922     
Portland, Oregon :  $30,631
Oak Creek, Wisconsin:  $30,235
Aurora, Colorado :   $24,257
Oakland, California : $31,675
Binghamton, New York: $20,951
Fort Hood , Texas : $15,203       
Blacksburg, Virginia : $17,899   
Brookfield, Wisconsin: $45,317   
Atlanta,Georgia : $35,884
Columbine,Colorado :  $38,203
   


Source: United States Census Bureau

Saturday, December 15, 2012

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.



Thursday, December 13, 2012

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.

Wednesday, December 12, 2012

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   

Monday, December 10, 2012

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

Sunday, December 9, 2012

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).