The city’s hedge-fund executives are flying south — and it’s not for vacation. An increasing number of financial firms, especially private equity and hedge funds, are fed up with New York’s sky-high city and state tax rates and are relocating to the business-friendly climate in Florida’s Palm Beach County. And they’re being welcomed with open arms — officials in Palm Beach recently opened an entire office dedicated to luring finance hot shots down south. “Florida is a state of choice,” said Thalius Hecksher, global development chief for Apex Fund Services, who moved many of his operations to Palm Beach. “It’s organically grown.
We know taxes play a role. But what about freedom? These are the type of individuals that tend to feel they are very capable of managing not just huge amounts of money, but their lives as well. They are not at all likely to take unemployment checks, food stamps, welfare or other goobernment giveaways. And they are probably capable of deciding if they want a really large soda pop of some fatten goose liver. The entire Nanny State idea is for those that are better than the rest of us to decide what is best for us. But what happens when there are folks that feel they are better than the nanny State dictators?
It can work the other way. I was raised in a liberal home, had no clue. Moved to Texas and within a year I was a fire-breathing Reaganite. I am still waiting for my Jewish friends to see the light and realize who their friends really are. And it is not the party of Jesse Jackson.
Demonrats strike again in removing business with their high tax and spend policies. The only exception here is that these firms are not union. If all of Wall Street moved, NYC would have no revenue at all.
You just can’t please the apple-knockers, soreheads and doom-criers. Everyone who ever sat in a long line back in the 1970s, waiting for an hour or two to get a few gallons of gasoline, often entertained himself with a fantasy of big oil strikes to put the Saudi princes in their place, preferably on a planet in an obscure universe far, far away. Now, through the innovation of modern technology, we have that strike — not only oil, but something better, because it’s cheaper, cleaner and there’s lots of it. The Saudi princes are looking for a place to run.
Barack Obama is bored. You can see it in his demeanor and in his face, the way anticipation becomes melancholy. Most of all you can hear it in his voice when he steps up to make the speech that once sent audiences into frenzy. He’s mailing it in (with postage due). Being a messiah, a rock star, the Pied Piper of Hamelin, is of course hard work. Maybe we should cut the guy a break. You can’t be Mick Jagger or Kanye West every day.
It takes a fair bit of gall to accuse the media of lying about a sex scandal. It takes even more gall to then admit to the sex scandal, resign, claim you´ve redeemed yourself and decide to run again. And it takes the most gall to do all of those things, even as you´re engaged in a continuation of that sex scandal. But when your name is Anthony Weiner, gall is your middle name. Or perhaps Danger is. Weiner resigned from Congress in June 2011, but only after claiming that Andrew Breitbart had fabricated photos of his scantily clad body.
Atheism is in decline worldwide, with the number of atheists falling from 4.5% of the world’s population in 1970 to 2.0% in 2010 and projected to drop to 1.8% by 2020, according to a new report by the Center for the Study of Global Christianity at Gordon-Conwell Theological Seminary in South Hamilton, Mass. In its report, Christianity in its Global Context, 1970-2020: Society, Religion, and Mission, researchers analyzed data on church membership and activities from thousands of Christian denominations and other religions worldwide, presenting that data from 1970 and 2010 for a 40-year comparison and,
"The First Black President ... Spoke First as a Black American," ran the banner headline of Sunday´s Washington Post. But why, when the fires of anger over the Zimmerman verdict were dying down, did he go into that pressroom and stir them up? "A week of protests outside the White House, pressure building on him inside the White House, pushed him to that podium," said Tavis Smiley on "Meet the Press." Black leaders demanded Obama come out of hiding and stand in solidarity with the aggrieved and outraged. Belatedly and meekly, Obama complied. "Trayvon Martin could have been me 35 years ago," said Obama.
Dr. Cornel West on Monday said President Barack Obama “has very little moral authority” to speak about the Trayvon Martin case, because the president is “a global George Zimmerman” for trying to “rationalize the killing of innocent children” in Pakistan, Somalia, and Yemen. “I think we have to acknowledge that President Obama has very little moral authority at this point, because we know anybody who tries to rationalize the killing of innocent peoples, a criminal—George Zimmerman is a criminal—but President Obama is a global George Zimmerman,
Here´s the speech about the George Zimmerman verdict President Obama should have given. My fellow Americans: I am your humble servant. You have entrusted me with the tremendous honor and responsibility to serve you as president. I am not president of black America, Hispanic America or white America. I am not president of liberal America or conservative America. I am president of the United States of America. Regrettably, as a nation, we have become divided. I confess that I have contributed to this division. For this failure in leadership, I ask your forgiveness.
Police Capt. Louis Renault, played by Claude Rains in the 1942 movie "Casablanca," in the wake of the shooting of a Nazi officer, ordered his men to "round up the usual suspects." Was Renault engaging in some sort of profiling? He may have been, but what is profiling? Let´s look at it. We can think of profiling as a method to economize on information costs by using easily observed physical characteristics as a proxy or a guess for some other characteristic more difficult or costlier to observe. For example, say you seek to hire people to manually unload trucks
Someone knocked on the door at city hall in Detroit last week and there stood the repo man, coming to take possession of the city. Everyone who has ever bought a car knows you have to keep up the payments. Miss three or four and the car, with all its bells and whistles, is gone. Detroit has built a lot of cars and so should have known better, but it had ignored the frantic calls. There’s not a lot to repossess in Detroit, a city that nobody wants. Detroit isn’t the first city in America to suffer the stigma
In his essay "Trouble in Paradise," in the July 18, 2013 issue of the London Review of Books, Slavoj Žižek explains that recent protests around the world are actually all about resistance to a common villain. This villain is not Lord Voldemort. Or even Obamacare. It is "global capitalism." Žižek takes a few moments to acknowledge that, well, yes, um, protests in Brazil, Turkey, Greece, Europe and the Middle East (not to mention the 1979 Iranian Revolution, which he holds to be a precursor) have each had their distinguishing characteristics.
A new survey finds that 42 percent of Americans say capitalism isn´t working well, and they complain about the encouragement of greed, the lack of equal opportunity and the creation of poverty and lasting inequality. The survey illustrates the country´s deep polarization. In a positive finding for Democrats who favor a strong government role in society, most Americans say government should do more to reduce inequality. But Republicans who want to limit government will find encouragement in that most Americans don´t have confidence in government´s ability to function effectively. Fifty-four percent of Americans think capitalism is working well, the survey says,
Zaatari, Jordan — Angry Syrian refugees confronted U.S. Secretary of State John Kerry on Thursday with demands for the United States and the international community to do more to help opponents of President Bashar Assad´s regime, venting frustration at perceived inaction on their behalf. Visiting the sprawling Zaatari refugee camp in northern Jordan near the Syrian border, Kerry met six representatives of its 115,000-strong population, all of whom appealed to him for the U.S. and its allies to create no-fly zones and set up safe zones inside Syria to prevent the Assad regime from inflicting additional destruction.
White House insiders say President Barack Obama is in “a funk” about what he sees as increasing stagnation and failures surrounding his second term and some worry that the President is becoming more distant and distracted. “He’s not the same Obama that came to the Oval Office after the 2008 elections,” a senior White House aided confided to friends in an email recently. “I’m worried.” Chicago Mayor and former White House chief of staff Rahm Emanuel tells friends that the Presidency has changed his longtime friend Obama and many of those changes are “not good.”
In warning about possible al Qaeda attacks against Americans overseas, U.S. officials may have provided too much detail about intercepted chatter and the source of the information, and that may make it more difficult to get such tips next time, former and current intelligence officials say.On Friday, the U.S. State Department issued a worldwide travel alert for Americans, citing an unspecified al Qaeda threat. The bulletin said that the highest threat levels are the Middle East and North Africa, “and possibly occurring in or emanating from the Arab Peninsula.”
Washington - President Barack Obama´s top national security advisers met at the White House on Saturday to discuss the potential threat of terrorist attacks that caused Washington and its allies to issue travel warnings and close embassies throughout the Middle East. The United States issued a worldwide travel alert on Friday (Snip) Obama is spending the weekend at the Camp David presidential retreat after playing golf earlier on Saturday. His birthday is Sunday. The White House said Obama had received regular briefings about the potential threat and U.S. preparedness measures all week.
Citing a potential al Qaeda attack, the State Department on Friday issued a worldwide travel alert and warned American citizens that the terrorist group may be plotting a strike in the Middle East, North Africa or elsewhere. “Current information suggests that al Qaeda and affiliated organizations continue to plan terrorist attacks both in the region and beyond, and that they may focus efforts to conduct attacks in the period between now and the end of August,” reads a portion of the alert, which lasts until the end of the month.
Executive Director of Mayors Against Illegal Guns Mark Glaze gave some ambiguous and potentially dangerous self defense advice Friday on “Hardball.” Glaze, speaking in opposition to “Stand Your Ground” laws, said in a circumstance where someone “comes at you” with an axe handle one should attempt to either “talk,” “fight with your fists,” “run away,” or “deescalate the situation,” but not shoot the attacker: MARK GLAZE: Very often somebody will come at you. They might want to have a fistfight. They might come at you with an ax handle. CHRIS MATTHEWS: Would you consider the guy with the ax handle armed or not?
[Video] Rapper Jay Z appearing on HBO´s "Real Time" with Bill Maher says that the black community wants upward economic mobility rather than a stronger police presence. In a conversation with former Congressman Barney Frank about police tactics such as stop-and-frisk, Jay Z suggests the stagnant economy and wealth inequality could cause widespread social unrest: "The real problem is there´s no middle class, right? So the gap between the have and have-nots is getting wider and wider... It´s gonna be a problem that no amount of police can solve, because once you have that sort of oppression
Common sense tells me that cops don´t need a Taser or a shotgun to subdue a 95-year-old man. When John Wrana was a young man, fit and strong and fighting in World War II with the U.S. Army Air Corps, did he ever think he´d end this way? Just a few weeks shy of his 96th birthday, in need of a walker to move about, cops coming through the door of his retirement home with a Taser and a shotgun.
Not only should President Obama cancel a bilateral summit with "schoolyard bully" Russian President Vladimir Putin, Sen. Chuck Schumer, D-N.Y., said Sunday on "Face the Nation," but considering the country granted asylum to National Security Agency leaker Edward Snowden, U.S. allies should try to move next month´s G-20 gathering from St. Petersburg. "President Putin´s behaving like a schoolyard bully, and in my experience, I´ve learned, unless you stand up to that bully, they ask for more and more and more," Schumer said. "He´s always going out of his way, President Putin is, to seem to poke us in
You don´t have to be gay or even Russian to feel the wrath of the Russian government´s homophobia. You could go to jail if you are "pro-gay," whatever that means. And that´s under just one of a growing number of hate-infused bills becoming law at a time when, as it happens, Russia is preparing to host the world in the next Winter Olympics. The perverse anti-gay legislation is inflaming an atmosphere of persistent intimidation and at times deadly violence against Russian gays and lesbians. The question now is: What should the rest of the world do?
Several skills that every kid once learned in school are going the way of the dodo in a hurry. Diagramming sentences is practically an extinct art, for example. Cursive handwriting and memorized multiplication tables look to be swiftly headed that way. Apparently, the next thing that kids will no longer need to learn is spelling and grammar. Sugata Mitra, a professor of educational technology at Newcastle University in northeast England, announced that traditional language rules are out of fashion, reports the Daily Mail. Kids don’t need to waste time on those things, see. State-of-the-art computers and mobile phones can make
I have a suggestion. How about an exhibit on Tawana Brawley? If the purpose of the new National Museum of African American History and Culture at the Smithsonian is to remember racial controversies, as the proposed Trayvon exhibit seems to confirm, then how about an honest look at the phenomenon of hate crime hoaxes? Particular attention should be paid to the role of the media in both the Trayvon and Tawana materials. Unquestionably, the media stirred up racial animus, and these incidents both contributed to raising racial tensions.
An odd dark vertical line that was observed in the sky over Florida earlier this week has left meteorologists puzzled. The shadowy apparition was spotted and photographed by Mike Weight at Honeymoon Island State Park near Dunedin, Florida, Wednesday. Weight was walking on the beach at around 12.30pm. The day was bright and sunny, but there were thunderheads forming to the east. ‘I was looking North when I observed what looked like a ray of dark light coming down from a small cloud to the surface of the Gulf about a half-mile away,’ the 73-year-old man wrote in an email