Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts
Surreal Old Timey Film Of New York City In 1911
Rare Footage of New York City in 1911 shows everyday life in New York City over 100 years ago. The film features famous landmarks like the Statue of Liberty and the Flatiron Building, and showcases what life on New York streets looked like. The early 1900s were a period of rapid change for New York City. The city's population was ballooning as an influx of immigrants passed through Ellis Island. Massive skyscrapers began popping up seemingly overnight, many of them among the tallest in the world at the time. And new technology such as automobiles and elevated trains made the city more accessible than ever.
In 1911, Swedish company Svenska Biografteatern produced a nine-minute film showing everyday life in Manhattan. The remarkably clear footage, released by the Museum of Modern Art last year, includes recognizable modern-day landmarks like the Flatiron Building and the Statue of Liberty, as well as buildings that no longer exist, such as the New York Herald Building. "Produced only three years before the outbreak of World War I, the everyday life of the city recorded here — street traffic, people going about their business — has a casual, almost pastoral quality," the museum wrote. The film shows a boat arriving at New York Harbor with the Statue of Liberty in the distance. The harbor is still used by cruise lines, commuter ferries, and tourist boats. And the Statue of Liberty is as popular a tourist destination as ever. The Flatiron Building, completed in 1902, was one of the tallest buildings in the world when it was built. Today, the Flatiron Building isn't among the tallest 1,000 buildings in New York City. But its distinct appearance has made it one of the most popular and photographed landmarks in the Big Apple.
Music: "The Inventor" & "Wishes" by Dhruva Aliman
In 1911, Swedish company Svenska Biografteatern produced a nine-minute film showing everyday life in Manhattan. The remarkably clear footage, released by the Museum of Modern Art last year, includes recognizable modern-day landmarks like the Flatiron Building and the Statue of Liberty, as well as buildings that no longer exist, such as the New York Herald Building. "Produced only three years before the outbreak of World War I, the everyday life of the city recorded here — street traffic, people going about their business — has a casual, almost pastoral quality," the museum wrote. The film shows a boat arriving at New York Harbor with the Statue of Liberty in the distance. The harbor is still used by cruise lines, commuter ferries, and tourist boats. And the Statue of Liberty is as popular a tourist destination as ever. The Flatiron Building, completed in 1902, was one of the tallest buildings in the world when it was built. Today, the Flatiron Building isn't among the tallest 1,000 buildings in New York City. But its distinct appearance has made it one of the most popular and photographed landmarks in the Big Apple.
Music: "The Inventor" & "Wishes" by Dhruva Aliman
Amazing Airplane Safety System! ...You Will Love This
Aircraft with a detachable cabin.
According to ICAO, over the past 10 years there are 8 % of all accidents happen during takeoff, landing – 21 %, cruising flights – 71 %.
The analysis of causes of accidents shows that 75% of them happen because of human factor, other - because of omission of aeromechanics.
To reduce the influence of human factor by rising up safety of airplanes is impossible. The new principles of aircraft construction are needed - possibility of collective rescuing by evacuation of them from crashing airplane in the range from several hundreds of meters to several kilometers. In patents #88319(19) UA and #144783 RU owned by Tatarenko Vladimir Nikolaevich such aircraft construction is offered, which provides separation of the lower part of the fuselage with situated there passengers and their luggage, gradual decline of separated part and its soft landing (splashdown), afterwards providing an opportunity for its searching and finding by rescuers.
The guaranty of success of offered airplane structure is in the fact that outlined in patents structure solutions are based on life-long checked technical solutions of landing in military transport aviation. The existing technology of using of Kevlar and carbon composites for fuselage, wings, flaps, spoilers, ailerons, tail will be used during the design. It allows to partly compensate the weight of parachute system. Preliminary calculations show that the weight of the aircraft will increase slightly. But you will fly without fear for yourself and your family! In which airplane will you let your relatives be? In ordinary and inexpensive – no chance for salvation! Or in offered one with the ticket price of 15% more but with a chance for salvation! The questionnaire showed, that 95% of people would buy more expensive ticket.
To reduce the influence of human factor by rising up safety of airplanes is impossible. The new principles of aircraft construction are needed - possibility of collective rescuing by evacuation of them from crashing airplane in the range from several hundreds of meters to several kilometers. In patents #88319(19) UA and #144783 RU owned by Tatarenko Vladimir Nikolaevich such aircraft construction is offered, which provides separation of the lower part of the fuselage with situated there passengers and their luggage, gradual decline of separated part and its soft landing (splashdown), afterwards providing an opportunity for its searching and finding by rescuers.
The guaranty of success of offered airplane structure is in the fact that outlined in patents structure solutions are based on life-long checked technical solutions of landing in military transport aviation. The existing technology of using of Kevlar and carbon composites for fuselage, wings, flaps, spoilers, ailerons, tail will be used during the design. It allows to partly compensate the weight of parachute system. Preliminary calculations show that the weight of the aircraft will increase slightly. But you will fly without fear for yourself and your family! In which airplane will you let your relatives be? In ordinary and inexpensive – no chance for salvation! Or in offered one with the ticket price of 15% more but with a chance for salvation! The questionnaire showed, that 95% of people would buy more expensive ticket.
How Palestinians Waste YOUR Tax Dollars
The whole world benefits from Israel. It pays back its aid money 100
fold. Israel is the leader of innovation per capita in the world. Yet,
your tax dollars that go to the Palestinians through the United Nations
(UNRWA), is used to kill both Palestinians and Israelis with no tangible
benefit to the world...It's just a waste.
The Stupid Buffett Rule
Billionaire Warren Buffett says his secretary pays proportionately
more in taxes than he does. What Buffett doesn't tell you is that he
pays "Capital Gains" tax while his secretary is paying "Income" tax.
Cap gains is a double tax. First you pay federal income tax, and whatever you have left over that you want to invest is then taxed again as "Capital Gains"...if you make a profit on your investment. In fact, Buffett's secretary does not pay a higher tax rate than him because what Buffett also doesn't tell you is that he is the majority share holder of Berkshire Hathaway Inc. which pays 35% percent corporate tax. That's his money being taxed at 35%. Plus, Chairman and CEO Buffett CHOOSES not to work for a salary, if he did, he would be paying federal income tax just like his secretary, but at a higher rate. Of course, Buffett doesn't need a salary, yet, as a wacky billionaire, he is so disconnected from reality that he makes no consideration for those who do need a salary.
When Obama talks about the "Buffett Rule", saying, "Warren Buffett's secretary shouldn't pay a higher tax rate than Warren Buffett...the rich should pay their fair share", apparently this 44th President of the United States doesn't know the difference between cap gains and federal income tax. Or, he thinks you are too stupid to know the difference.
FACT: This year of 2011, those earning over $1 million will pay an average of 29.1% in federal taxes. Those earning between $50,000 and $75,000 will pay 15%.
FACT: Those earning over $1 million are 0.2% of all U.S. tax filers. That's not even one percent of all U.S. income earners.
FACT: The top 1% of of the richest people pay 38% of all federal taxes, the top 5% pay 58% of all federal taxes. The top 10% pay 70%.
FACT: Roughly, the bottom 47% of all wage earners pay no federal taxes at all.
The idea that the rich don't pay their "fair share" is total bullshit.
FACT: The top 2% of money earners are responsible for 33% of consumer spending in this country. What do you think will happen if that 33% shrinks? Businesses will have less money to create, expand, and hire. Our economy will shrink.
There is another name for rich people- "Job Creators". Rich people (the private sector) create jobs, not the Government. Government fills jobs where needed, but it doesn't create jobs where none existed before. Rich people, through innovation and investment actually create jobs that never existed, from the airline industry to Apple computers. If government bureaucrats knew how to spend money better than the rich, they wouldn't be bureaucrats, they'd be businessmen.
Obama has already has wasted a trillion dollars of tax payer money, and it hasn't done jack to lower unemployment because he hasn't learned the following lesson...
In the 90's Clinton and the democrats in congress were able to pass a luxury tax and then stood by and watched as droves of workers in the U.S. luxury industry lost their jobs because "Rich" people bought a lot less luxury items due to the tax. The U.S. spent more money on unemployment insurance for those people that lost their jobs than it raised in revenue from that stupid tax. And because of that, congress repealed it a couple years later. Going after wealthy luxury consumers only hurts blue collar luxury producers. The union that represents corporate jet aviation workers and manufacturers asked Obama to back off his corporate jet and luxury boat tax. A lesson from the 90's that Obama did not learn or did not want to learn because of his class warfare ideology. This, at a time when unemployment is over 9% I might add.
We need more taxpayers not more taxes. Of course we also need less wasteful government spending. But the only way you get more taxpayers is by letting the rich keep their money to invest in smarter ways than the government.
You cannot make the poor rich by making the rich poor, but it seems that socialists and most democrats want people to be equally poor than unequally rich. That's what the communists wanted, look how good that turned out for them.
Maybe the reason Warren Buffet is so obtuse on this issue is because he made his fortune investing, but not inventing. He never created a business from scratch. Maybe he is detached from how hard that is. He made a fortune capitalizing on what was already there, but never experienced what it took to create something that was never there. Perhaps it became so easy for him to manipulate what was already there, that he took for granted that it was there.
By the way, Berkshire Hathaway Inc. is currently fighting the IRS to avoid paying 1 billion in back taxes. As John Hayward, writer for the conservative website HumanEvents.com put it, "...value of the time IRS agents have invested trying to collect it – they don’t work cheap, and we pay their salaries – and the resources Buffett’s people have invested fighting back. All of which would have been saved if Buffett simply practiced what he preached, and willingly handed over his fortune to the brilliant and compassionate 'leaders' he commands the rest of us to support without resistance...Warren Buffett is no different from the other liars and frauds orbiting Barack Obama. His hypocrisy just runs billions of dollars deeper. When it comes to 'shared sacrifice,' you do the sacrificing, and they do the sharing,..."
Not only does Buffett not have a grasp of what the free market needs to expand, it looks like he is also a sanctimonious phony. It seems this is another case of "Do as I say, not as I do" liberalism.
The Obama administration wants legislation to enact the "Buffett Rule" which calls for Americans who make one million dollars per year or more to pay at least 30% of their income in taxes. Obama says it would raise an estimated $47 billion over ten years. However, our debt is 1.3 Trillion. So even if it raised 47 billion this year, the debt would still be 1.253 Trillion. It does virtually nothing to fix the debt but it would do a lot more damage to small businesses, start ups, and people that need jobs. Businesses need those investment dollars to go to them so they can expand and hire, not to go to the government where it will be wasted on boondoggles like Solyndra.
Peter Schiff, the CEO of Euro Pacific Capital, put it very poignantly on Fox News' Huckabee, "...I'm already paying well over 40% of my income in federal and state income taxes...how much more do they wanna take?...medieval serfs only had to pay 25% of what they earned to the lord, I wish I could be elevated to the level of a serf."
The "Road to Serfdom" Hayek warned about is starting to look a lot like the road Obama has chosen for us.
~Dhruva Aliman
Cap gains is a double tax. First you pay federal income tax, and whatever you have left over that you want to invest is then taxed again as "Capital Gains"...if you make a profit on your investment. In fact, Buffett's secretary does not pay a higher tax rate than him because what Buffett also doesn't tell you is that he is the majority share holder of Berkshire Hathaway Inc. which pays 35% percent corporate tax. That's his money being taxed at 35%. Plus, Chairman and CEO Buffett CHOOSES not to work for a salary, if he did, he would be paying federal income tax just like his secretary, but at a higher rate. Of course, Buffett doesn't need a salary, yet, as a wacky billionaire, he is so disconnected from reality that he makes no consideration for those who do need a salary.
When Obama talks about the "Buffett Rule", saying, "Warren Buffett's secretary shouldn't pay a higher tax rate than Warren Buffett...the rich should pay their fair share", apparently this 44th President of the United States doesn't know the difference between cap gains and federal income tax. Or, he thinks you are too stupid to know the difference.
FACT: This year of 2011, those earning over $1 million will pay an average of 29.1% in federal taxes. Those earning between $50,000 and $75,000 will pay 15%.
FACT: Those earning over $1 million are 0.2% of all U.S. tax filers. That's not even one percent of all U.S. income earners.
FACT: The top 1% of of the richest people pay 38% of all federal taxes, the top 5% pay 58% of all federal taxes. The top 10% pay 70%.
FACT: Roughly, the bottom 47% of all wage earners pay no federal taxes at all.
The idea that the rich don't pay their "fair share" is total bullshit.
FACT: The top 2% of money earners are responsible for 33% of consumer spending in this country. What do you think will happen if that 33% shrinks? Businesses will have less money to create, expand, and hire. Our economy will shrink.
There is another name for rich people- "Job Creators". Rich people (the private sector) create jobs, not the Government. Government fills jobs where needed, but it doesn't create jobs where none existed before. Rich people, through innovation and investment actually create jobs that never existed, from the airline industry to Apple computers. If government bureaucrats knew how to spend money better than the rich, they wouldn't be bureaucrats, they'd be businessmen.
Obama has already has wasted a trillion dollars of tax payer money, and it hasn't done jack to lower unemployment because he hasn't learned the following lesson...
In the 90's Clinton and the democrats in congress were able to pass a luxury tax and then stood by and watched as droves of workers in the U.S. luxury industry lost their jobs because "Rich" people bought a lot less luxury items due to the tax. The U.S. spent more money on unemployment insurance for those people that lost their jobs than it raised in revenue from that stupid tax. And because of that, congress repealed it a couple years later. Going after wealthy luxury consumers only hurts blue collar luxury producers. The union that represents corporate jet aviation workers and manufacturers asked Obama to back off his corporate jet and luxury boat tax. A lesson from the 90's that Obama did not learn or did not want to learn because of his class warfare ideology. This, at a time when unemployment is over 9% I might add.
We need more taxpayers not more taxes. Of course we also need less wasteful government spending. But the only way you get more taxpayers is by letting the rich keep their money to invest in smarter ways than the government.
You cannot make the poor rich by making the rich poor, but it seems that socialists and most democrats want people to be equally poor than unequally rich. That's what the communists wanted, look how good that turned out for them.
Maybe the reason Warren Buffet is so obtuse on this issue is because he made his fortune investing, but not inventing. He never created a business from scratch. Maybe he is detached from how hard that is. He made a fortune capitalizing on what was already there, but never experienced what it took to create something that was never there. Perhaps it became so easy for him to manipulate what was already there, that he took for granted that it was there.
By the way, Berkshire Hathaway Inc. is currently fighting the IRS to avoid paying 1 billion in back taxes. As John Hayward, writer for the conservative website HumanEvents.com put it, "...value of the time IRS agents have invested trying to collect it – they don’t work cheap, and we pay their salaries – and the resources Buffett’s people have invested fighting back. All of which would have been saved if Buffett simply practiced what he preached, and willingly handed over his fortune to the brilliant and compassionate 'leaders' he commands the rest of us to support without resistance...Warren Buffett is no different from the other liars and frauds orbiting Barack Obama. His hypocrisy just runs billions of dollars deeper. When it comes to 'shared sacrifice,' you do the sacrificing, and they do the sharing,..."
Not only does Buffett not have a grasp of what the free market needs to expand, it looks like he is also a sanctimonious phony. It seems this is another case of "Do as I say, not as I do" liberalism.
The Obama administration wants legislation to enact the "Buffett Rule" which calls for Americans who make one million dollars per year or more to pay at least 30% of their income in taxes. Obama says it would raise an estimated $47 billion over ten years. However, our debt is 1.3 Trillion. So even if it raised 47 billion this year, the debt would still be 1.253 Trillion. It does virtually nothing to fix the debt but it would do a lot more damage to small businesses, start ups, and people that need jobs. Businesses need those investment dollars to go to them so they can expand and hire, not to go to the government where it will be wasted on boondoggles like Solyndra.
Peter Schiff, the CEO of Euro Pacific Capital, put it very poignantly on Fox News' Huckabee, "...I'm already paying well over 40% of my income in federal and state income taxes...how much more do they wanna take?...medieval serfs only had to pay 25% of what they earned to the lord, I wish I could be elevated to the level of a serf."
The "Road to Serfdom" Hayek warned about is starting to look a lot like the road Obama has chosen for us.
~Dhruva Aliman
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