Thursday, January 31, 2013

Prosperity , inequality, crisis and suicide rate

Prosperity , inequality, crisis and suicide rate:

The suicide rate in  the four main Nordic countries Sweden, Denmark, Norway and Finland is 13.8 suicides per 100,000 people per year.

The suicide rate in the U.S. is 12.0 suicides per 100,000 people per year.   

The suicide rate in Greece is 3.5 suicides per 100,000 people per year.   

Andy Grove: Only the Paranoid Survive‏

Andy Grove:

Success breeds complacency. Complacency breeds failure. Only the paranoid survive.

The Internet doesn't change everything. It doesn't change supply and demand.

Most Americans probably aren't aware that there was a time in this country when tanks and cavalry were massed on Pennsylvania Avenue to chase away the unemployed.

In May of 1932, some 15,000 veterans, many unemployed and destitute, descended on Washington, D.C. to demand immediate payment of their bonus.

A month later, on July 28, Attorney General Mitchell ordered the evacuation of the veterans from all government property, Entrusted with the job, the Washington police met with resistance, shots were fired and two marchers killed.


Learning of the shooting at lunch, President Hoover ordered the army to clear out the veterans.

Infantry  and cavalry supported by six tanks were dispatched with Chief of Staff General Douglas MacArthur in command. Major Dwight D. Eisenhower served as his liaison with Washington police and Major George Patton led the cavalry.










Tuesday, January 29, 2013

The new America


America is about the federal government.

America is about who can  manage the federal government.

Citizens do not make relevant and different decisions in their communities

The centralized federal government dis-empowers the states and the private sector.

Real people is outside of Washington but power is inside of Washington and a lot of real people dependent on social programs because the federal government has created an  entitlement state.

Sunday, January 27, 2013

Why the Fed's electronic printing press is not causing inflation?

Why the Fed's electronic printing press is not causing inflation?

Fed's electronic printing press is called sophisticated monetary policy.

Fed's assets were $2.31 trillion on December 2008.

Fed’s balance sheet today is $3 trillion.

 Fed is purchasing $85 billion of securities every month.

U.S. Gross Domestic Product GDP is $15.9 trillion.

As of the first quarter of 2010, U.S. domestic financial assets  totaled $131 trillion

Financial Businesses had $66 trillion.

Thursday, January 24, 2013

How many welfare programs are there in the U.S.?

How many welfare programs are there in the U.S.?

 Exact number of social-welfare programs in the U.S.:

There are today 185 federal  welfare programs in the U.S. (a country of takers)

Sunday, January 20, 2013

The genetic factor: equal opportunity will result in unequal outcomes

 The genetic factor: equal opportunity will result in unequal outcomes.

Despite repeated claims to the contrary, there has been no narrowing of the 15- to 18-point average IQ difference between Blacks and Whites (1.1 standard deviations); the differences are as large today as they were when first measured nearly 100 years ago.

They, and the concomitant difference in standard of living, level of education, and related phenomena, lie in factors that are largely heritable, not cultural. The IQ differences are attributable to differences in brain size more than to racism, stereotype threat, item selection on tests, and all the other suggestions given by the commentators.

J. Philippe Rushton
The University of Western Ontario
Arthur R. Jensen
University of California, Berkeley

Thursday, January 3, 2013

How Much Money Does The U.S. Government Give to the rich?

How Much Money Does The U.S. Government Give to the rich?


In the United States, credible estimates of annual fossil fuel subsidies range  from $10 billion to $52 billion annually.

Almost two-thirds of the $27 billion in federal farm subsidies doled out last year went to just 10 percent of America's farm owners, including multimillion-dollar corporations and government agencies, a review of Agriculture Department records by The Associated Press shows.

 $2.3 billion tax breaks to companies that manufacture solar energies.

 175.2 billion Total corporate tax welfare in 2003.

According to the analysis by de Blasio's office, ExxonMobil, Bank of America, General Electric (GE), Chevron and Boeing had combined profits of $77.16 billion in 2010 but paid $0 in current federal income taxes in 2009.

A bevy of tax breaks and credits that had been scheduled to expire at the end of 2012 will be extended for another year, costing taxpayers $46.1 billion over the next decade,

Nearly $250 million for Hollywood. Over $330 million for the railroad industry. More than $220 million for rum producers. And $62 million for doing business in American Samoa.