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Occupy Wall Street and The Fallacy Of Their Math

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As most Americans know, there have been protests going on in major U.S. and international cities called Occupy Wall Street. They are a loose knit group, to say the least, with confused and divergent objectives. The most frequently occurring complaints are that corporations in general, and Wall Street banks in particular, are too greedy, that 1% of the population controls too much of the nation's wealth and the wealthy 1% need to be arbitrarily punished for being in that situation.We could probably do any number of posts on the philosophy of soaking the rich, taxing the rich more, greedy banks, etc. However, rather than get into an endless and pointless loop of emotionally arguing with Occupy Wall Street supporters, let's look at the math behind their demands and positions. I find in...

Marx, Mao and McCarthyism in Twentieth Century America

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Supposed Communist sympathisers were sought in Twentieth Century America to compensate for perceived defeats for right-wing policies at home and abroad at the hands of the Communist left.Timeline1932-36:America 'flirts' with Fascism.The far right's Mussolini-fervour was finally dented by General Smedley Butler's (1) account of 'Il Duce's' (2) car striking a young girl and his remark, 'We Fascists never look back,'as he drove on. The latter's passenger was Cornelius Vanderbilt, whose confirmation of the incident was the only thing that got it believed. This represented a defeat for the far right.1934-38:Britain does the same!The 'Daily Mail's' vocal support for Hitler is well-known.1938: The Establishment of HUAC (House Committee on Un-American Activities)Initially formed to monitor ...

Buying Bank Owned Properties

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It is the main purpose of a  bank  is to make money. The financial world  banks  on the fact that the  banks  will keep making money so that they can then turn around and turn this money into loans for other projects. When a  bank  takes on a house as a foreclosure property because someone defaults on their loan, the first thing that they try to do is make their money back on the property. This can be done in a few different ways. The  bank  may auction off the property, they may try to list it for a profit on the market, or they may if the home is not selling take it off the market and sell it to an investor to flip.If the house is auctioned off, you as the investor will have a good chance of getting it for well below market value, ...

Opening Offshore Bank Accounts – Why So Many Questions?

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A question that comes up frequently is why offshore private  bank  account opening procedures require so much information from the client. Some clients believe that legendary numbered  bank  accounts still exist, or that offshore  banks  operate a 'no questions asked' policy when it comes to source of funds etc. In fact, nothing could be further from the truth, as  banks  in offshore  banking  centers operate very strict due diligence policies.It is, however, quite possible still to open your own offshore  bank  account - even, if you wish, to open it by mail, if you have the right documentation.As an offshore  banking  consultant, I get to see the account opening processes of many different  banks  in d...

Your body’s "pH"

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So what's all the shake up about anyway?. To put it to you straight your body's ''pH'' is everything "Life Itself". If you ask most people about ''pH'' what do you think they associate it to?With women chances are there subconscious has been programed with hair care and the importance of ''pH'' for a fuller & stronger head of hair. Men's associations are different, most men understand less about hair care, but more about ''pH'' levels of water. A prime example would be a 'swimming' pool man. His job is to check the ''pH'' levels of the water, so it's safe for others to swim.An accurate association we all should adopt is the fish story! You may ask what's the fish story all about? Well, Lets say you have a fish tank full of fish. One day you come home to find all your once healt...

Commercial Loan – Broker Or Bank?

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There is an estimated 5.2 million commercial properties within the UK. The commercial property market expanded by over 32 per cent during 1990-2000 (according to the new products started) compared with the previous decade, in itself a decade of exceptional growth.  Bank  lending for commercial property deals rose by a record £7.7 billion in the first quarter of 2005, according to data provided by the  Bank  of England, and property experts believe the bulk of the new lending was for investment purchases.There has also been a substantial rise in the number of investors looking to buy commercial properties to put into Self Invested Personal Pension Schemes. Property investment funds received a boost as of late last year after the Government announced plans to allow

Used to Being Bored: Not What America Is Fighting For

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America has led the world in different ways. What I am very sure America is not fighting for is that people should be used to being bored. It is now very sad. Many are bored and so unhappy. But America is fighting everyday against it. I heard someone confess and my heart was moved to write this:I don't even know what it feels like to be bored again. I am used to being bored. I am kinda changed now, but I worry for my siblings. We were always looked up in the house... School was from 7am to 6pm including lessons. When we were back home, we were always locked in. Weekends we don't go out. I have stayed in my neighborhood for years and don't know the next door neighbor, not to talk of who lives down the street... We had video games, different things to keep us individualized and occupi...

Business: "Where Is America Headed To?", New York Millionaire Wonders

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Hello! Happy new year. May you live a long healthy life and prosper.According to a study by US dept. of Health & Human Services, 96% of Americans never achieve financial independence. They end up depending on charity, welfare, family, or are forced to keep working past their retirement age.According to the IRS, 85% of the people reaching age 65 years don't have even $200 in their bank accounts! US Census Bureau says that 97% of Americans never realize their dreams and desires in life, and are forced to retire on annual income of $10,000 or less!The average American is $15,000 in debt, not including their homes and car payments.Parents will have to spend over $150,000+ to raise their kids to the age of 18 years, and will spend another $77,000 to send them to college.Every da...

In Review: A Walk Across America

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At the ripe old age of 22, and already married at just 19 years of age, Peter Jenkins was lost. Metaphorically, at least.Having grown up in a nice middle class family, in a nice middle class neighbourhood, and having been groomed and prepared for entry into a nice middle class college, his life seemed to be going in exactly the same direction as that of thousands of other young Americans.As 1969's 'summer of love' slowly but surely turned into the long winter of disillusionment that was the early 1970s, Peter did what many others have done before - he went looking for  America .There is a history of searching in  America . Searching for new lands. Searching for wealth. Searching for minerals and resources - in particular, gold and oil. And then there is the searc...

Lying in America – Fundamental to the Human Condition?

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What has happened? Have we succumbed to habitual self deceit and deceit with others out of self preservation, fear, lack of confidence or ego? And if so, what damage do we incur in our personal life and business?Are we truly living in a world that evolves around deceit? It would appear the answer is a resounding yes. Without question it would be extremely difficult to find anyone who has not lied, to themselves or others, almost every day of their life.I suspect that many, who tell the sales person at the department store "I'll be back," with no intention of returning, give little consideration to their behavior of deceit or lying.If that was only an isolated instant of deceit not much damage would occur. However, lying is pervasive in our culture and as such, works quite well for u...