Domain: bloomberg.com
Stories and comments across the archive that link to bloomberg.com.
Comments · 2,661
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Reports were false
The reports were true.
No, the reports were false, as they said Uber would start at the end of August
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Re:Not going to happen
We have fewer Americans in the workforce that we did a decade ago and that continues to decline.
This one is due in huge part to the baby boom and all of them retiring. Between that and a decline in birth rates, you're going to have a smaller workforce.
Not true according to Bloomberg : http://www.bloomberg.com/news/...
The decrease in the labor force last month also probably didn’t reflect the retirement of more baby boomers. The participation rate among those 65 years old and older rose to 18.9 percent in April from 18.5 percent the prior month.
Not entirely true, according to US News : http://www.usnews.com/news/the...
In a nutshell, the baby boomers have aged and are now finally retiring en masse. After bulging into the workplace in the 1970s, women are no longer the force in the labor market they once were. Younger people are opting to educate themselves rather than work. And a less-than-friendly tone toward immigrants is shrinking the supply for some high-skilled jobs.
Not according to MSNBC : http://www.msnbc.com/all-in/fe...
In other words, a remarkable number of Americans are not only unemployed, but are also declining to seek new employment. That includes a striking number of 18-24 year olds, according to a new report from Demos called “Stuck: Young America’s Persistent Jobs Crisis.” According to the report, Americans in that age group had lower participation rates than 25-34 year olds or 35-64 year olds across the educational spectrum.
Thats just the first few articles on a google search of "fewer americans in the workforce", and no one would claim that those sources are slanted Republican or Conservative. They are from 2012, 2013 and 2015, and the trend continues thru today. But just to make sure, here's that same search limited to the last year.
According to the Chicago Tribune : http://www.chicagotribune.com/...The problem is particularly pronounced among men between the ages of 25 and 54, traditionally considered the prime working years. Their participation rate has been declining for decades, but the drop-off accelerated during the recession. The high mark was 98 percent in 1954, and it now stands at 88 percent. A new analysis from the White House's Council of Economic Advisers, slated for release Monday, found that the United States now has the third-lowest participation rate for "prime-age men" among the world's developed countries.
And from CNN Money : http://money.cnn.com/2016/02/0...
1. Fewer adults are working
Only 62.7% of adult Americans are working. The so-called Labor Force Participation rate hasn't been this low since the late 1970s. The rate measures how many people over age 16 are working or actively seeking work. Back in the '70s, it was low because fewer women worked outside the home. That's not the story today. Now, three factors are driving the decrease in workers. The first is that a huge part of the adult population, Baby Boomers, are retiring. That's expected and healthy. It explains about half of the decline in the workforce.
The second is more young people are going to college and graduate school. They are studying more, which should be a positive for the nation. But the third one is alarming: some people have just given up on finding work. It's hard to qu -
Re: Why does this solve the problem?
perhaps this is why iPhone 7 orders are FOUR TIMES the previous model (and THAT without a 3.5mm Jack!).
First, you're a known asshole, liar, troll, and disgusting Apple zealot.
And you're an ANONYMOUS COWARD. So, I win.
So, your citation free claim needs to be taken with a huge boulder of salt.
I provided a citation in another comment in this thread. But, here's a Citation. Here's another. And another. Convinced yet., COWARD?
Second, a large portion of people who buy iPhones are idiots who either don't know the jack is missing or haven't yet realized what a pain in the ass it will be.
Now where's YOUR citation, COWARD?
This is one of Apple's dick-moves that will need a great deal of time to fully materialize. After all, the phone hasn't actually landed in public hands yet. Recall the first iPhone with it's bastardized, recessed headphone jack. Typical for Apple to fuck with a known standard in order to grab more cash, but that backlash was enough for them to save face by switching back to a normal headphone jack with the iPhone 3G.
Really? All that vitriol because someone at Apple (Jony Ive?) fucked up and didn't test EVERY headphone on the market, to see that SOME headphones/earbuds had a BUNCH of plastic around the tip of the plug. It isn't like they violated some "standard" about how much room had to be left around the jack. Plus, It wasn't that they used an "abnormal" headphone jack; they just made the MISTAKE (which they corrected the next go-round) of RECESSING the jack, FFS. I've owned other equipment that has had that same problem, precisely BECAUSE there isn't a "standard" on the maximum outer diameter of the PLASTIC on a 4.5mm male.
Hyperbole much? -
Re: What's the obvious question, is he going to di
It's true that Tesla has never had a recall affecting 4.3 million vehicles. It's also true that Tesla has not produced 4.3 million vehicles over its entire history. Here are some recalls that Tesla has had:
Tesla recalls 90,000 Model S sedans to check possible seatbelt defect: https://www.engadget.com/2015/...
Tesla Recalls 2,700 Model X SUVS to Fix Third-Row Seats: http://www.bloomberg.com/news/...
Tesla Model S Gets Official Recall For Possibility of Fire Associated With Charging Adapter: http://insideevs.com/tesla-mod...The last of those was a software problem that was fixed by an over the air update. So Tesla's record on software is not flawless.
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Re:Why is this easier in space than on Earth?
Solar power is now cheaper than coal in good locations, and aluminum smelting is an interruptible process (smelters often buy interruptible power to get a better deal), so there's no need for any kind of backup. Solar power and aluminum smelting are a match made in heaven.
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Re: And the crowd goes mild!!!
I can't think of an industry that has such wild changes in capital investments and wild contractions of the same assets.
When oil was $140+ shale and old wells were very profitable and built or started back up en mass.
Now at sub $50, all of that investment is shut down. It's still mostly available later, but the investments are expensive (and companies pay much higher interest rates than the government).
Coal companies are bankrupting as well, and they have always provided the fuel for the cheapest energy (natural gas is a big problem for them).
Coal Problems:
http://www.bloomberg.com/news/...Interesting dynamics.
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Re: weaken the US the most
EVEN our NATO allies are not trusted... they are spied upon in minute detail.
You act like this is some shocking discovery.
http://www.bloomberg.com/news/...
And please don't pretend that we didn't set the bar...or that it's not an important issue.
http://www.newsweek.com/2014/0...
https://en.wikipedia.org/wiki/...
https://www.theguardian.com/wo...
The bar was set before the United States was even a country. Only the techniques have changed.
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Re: Don't put your one egg
SpaceX didn't have insurance. Satellite was insured but it isn't clear if it applies to real launches or to testing too, and if it covers additional consequential losses.
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Re:Not really
Everything is not rosy with Walmart's penchant to do away with workers. One thing is an exploding crime problem at their stores because there is not enough personnel around. Who wants to go shopping in a crime zone? That and a popular local Walmart has an extremely hard time keeping the store shelves stocked. It's wonderful to have low prices, but I usually am wasting my time going there only to see empty shelves.
So disposing of workers only goes so far. I simply do not believe that our android workers will arrive in the near future to mitigate these problems created by lack of workers.
Amen! I stopped at a Walmart on the way home from a family reunion a few years ago in an area I assumed should be safe. A friend of mine had warned me about that location since it was near his home, but I thought he was joking. I was afraid I wouldn't make it back to my car. I had my kids lock themselves in the car while I put away the groceries. I never returned there again.
The Bloomberg article is eye-opening. The Walmart closest to me is a shithole. The shelves are frequently empty and the customers do not look like "natives." I live in a fairly affluent area and I always wondered why the Walmart three miles down the road is so run down, especially after the huge expansion a couple years ago. It is in a very congested retail area with a large mall and NONE of the other stores in the area look anything like it. It looks like the Walmart crime/demographics database is the secret reason why there are so few employees running the place. You hardly ever see more than a handful of employees. I usually drive much farther and go to a better stocked, cleaner and safer Walmart in a blue collar area when I need staple groceries.
I remember when Walmart first opened in our region back in 1991 and ran Kmart and a couple grocery chains out. Their stores were clean and you could never find an empty shelf. When they ran out of an item, the tags were removed and something else was put in its place until the stock truck arrived. Now it's a disaster area. If it weren't for canned and dry goods groceries, water softener salt and soaps, I'd abandon them completely. -
Not really
Everything is not rosy with Walmart's penchant to do away with workers. One thing is an exploding crime problem at their stores because there is not enough personnel around. Who wants to go shopping in a crime zone? That and a popular local Walmart has an extremely hard time keeping the store shelves stocked. It's wonderful to have low prices, but I usually am wasting my time going there only to see empty shelves.
So disposing of workers only goes so far. I simply do not believe that our android workers will arrive in the near future to mitigate these problems created by lack of workers.
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Re:Apple only?
It's 3 years ago, but Dell and Sony were mentioned here http://www.bloomberg.com/news/...
as well as them being a spinoff from Asus. -
Re:Raise your middle fingers to the sky..
Secret Cameras Record Baltimore's Every Move From Above (August 23, 2016)
https://www.bloomberg.com/feat...
Why have people see the aircraft, talk about the tail numbers, ask questions. Go up a bit more and nobody will notice the 24/7 domestic tracking. -
Robots
Simple: driverless cars. Survive long enough to get driverless cars perfected, dump your largest cost (driver pay), and there you go.
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Re:modus operandi doesnt seem to make any sense.
There is much to like about the Trump campaign if you are Russian.
Trump has promised to look into lifting the sanctions that the U.S. has imposed against Russia for its military incursions in Ukraine.
The Trump campaign worked behind the scenes to make sure the new Republican platform won’t call for giving weapons to Ukraine to fight Russian and rebel forces, contradicting the view of almost all Republican foreign policy leaders in Washington.
He questioned whether the U.S. would defend its NATO allies in the event of a Russian attack and claimed that the alliance is “obsolete.”
An isolationist America would pose less of a threat to Russia’s ambitions in Europe and the Middle East.
On top of this, Putin likely holds a grudge against Clinton for this.
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Re: Fuck mdsolar
I agree, we need more nuclear stories.
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Re:Subsidizing Businesses....
Go ahead and keep defending pathological douchebags like this guy. Medallion owners are speculative parasites and their chickens are coming home to roost, and they sooooo deserve it. Seriously, fuck them . . . couldn't happen to a more antisocial, greedier bunch of dicks.
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Re: Does this mean...
Oh, I think we understand him just fine.
Take a good look at the Trump supporters especially the ones who've been showing up at all the raillies and then look at ones who've supported the previous GOP candidates.You want a old white billionaire to run for President? Fine - ask Buffett, Bloomberg or even Perot. At least we know they're truly self-made billionaires and not likely to dicker, duck, dance, dive and dodge over releasing their tax returns.
I'm sure theirs are just as huge, beautiful, complex and interesting as Teh Dahnald's and while it's very hard to pin down the exact worth of a vast diversified fortune, I don't know of any other actual billionaire's whose value fluctuates according to their feelingsAnd one man who has seen at least some of those returns, thinks we all should see them, too.
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Re:What I Want To Know:
2017, apparently!
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Sorry, the FAA says no.
The FAA has already said no to ridesharing. http://www.bloomberg.com/news/...
The FAA has already said no to "Uber in the sky". http://motherboard.vice.com/re...
And http://marginalrevolution.com/...
And https://fee.org/articles/how-t...The reason for it is that the FAA has different rules for carrying yourself as a private pilot, carrying others for commercial gain, fare-sharing, etc. The regulations for fare-sharing mean you actually ALL have to be going TO GO DO the same thing, not just going to the same place. https://www.tnooz.com/article/...
The FAA has a higher requirement of pilots, equipment, and maintenance when used to carry passengers (other than private pilots who are NOT getting reimbursed).
Ehud
OB DISC: I'm an FAA certificated commercial helicopter pilot -
Oracleowned copyrights on Java
"Scott McNealy, former CEO of Sun Microsystems (JAVA), met me for breakfast at an unassuming little restaurant in a strip mall tucked into the woods a few minutes’ drive from his house. We discussed one of his recent passions: applying technology’s open-source model to education. Sun was an early proponent of open source, giving the concept a huge boost when it opened up its Java software. And McNealy funded and helped promote a project called Curriki to create open-source textbooks that will ultimately be free, via the Internet. ref
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and USA too
You do know that China simply steals or buys its way into a lot of technological progress, right?
and You do know that the USA simply stole or bought its way into a lot of technological progress too, right?
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Nixon shock is resposible
Since 1971 America is bullying Saudi Arabia to sell Oil exclusively in US Dollars;
http://www.bloomberg.com/news/...
Result is friction between The Muslim and The West;
http://qz.com/562128/isil-is-a... -
Here I fixed your post for you...
A Russian cyberattack that targeted Democratic politicians was bigger than it first appeared and breached private email accounts of more than 100 party officials and groups (could be paywalled; alternate source), reports The New York Times, citing officials with knowledge of the case. From the report:
New York times: invested majority stake by Carlos Slim with ties to obama and the Clinton foundation
The widening scope of the attack has prompted the F.B.I. to broaden its investigation, and agents have begun notifying a long list of Democratic officials that the Russians may have breached their personal accounts. The main targets appear to have been the personal email accounts of Hillary Clinton's campaign officials and party operatives, along with a number of party organizations. Officials have acknowledged that the Russian hackers gained access to the Democratic Congressional Campaign Committee, which is the fund-raising arm for House Democrats, and to the Democratic National Committee, including a D.N.C. voter analytics program used by Mrs. Clinton's presidential campaign.
DNC analytics is Groundworks from GOOGLE
Still trying blame the russians when its clear wikileaks is telling you something here.
This whole story is a political hit job written by a fully compromised media outlet. Gerbil and Stalin would be proud of the American Media at this point.
Feel Free to visit independent media and see whats going on. Youtube:
Drudge Report
Redacted tonight
infowars.com
The Jimmy Dore show
Paul Joseph Watson
The Young Turks are going all in for Hillary, avoid them till they get their heads out of their behinds.
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Google beat them to the punch apparently
I always thought FB would out-disrupt Google, but it looks like FB's naked ploy to balkanize the Indian internet went over like a lead ballon.
Google FTW: http://www.bloomberg.com/news/...
Now Zuck has to look like a follower... again.
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2 year high?So let's compare to the same quarter 2 years ago: Apple sold 35.2 million iPhones in (calender) quarter 2 of 2014, while Samsung sold 78 million. So comparing those two quarters two years apart, Apple sold 14.7% more iPhones, while Samsung's smartphone sales are down by 7.7%.
So clearly in 2016 Samsung is the winner because they had a terrible year in 2015, while Apple is TEH L00zer because they had an incredible 2015.
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Re:If a cigarette doesn't "smoke", is it harmful?
I'm guessing you feel very strongly about this. I'd also say you think not at all, about this.
1. Where I live in the US vapes are now banned in those places you mention. They have been for a few years.
2. You know nothing about vapes and so you are scared of them. Even worse you do not want your fear shown to be stupid so you refuse to educate yourself. But boy are you willing to pipe up against them!There has been a war going on against vaping for a while.
On the good guys side are smokers for whom every other method of quitting has failed until the vape came along.
On the other are about 1 trillion dollars in power and the law makers.
Big tobacco ~1/2 trillion hates vapes for a reason. If everyone takes up vaping and quits smoking share holder value will tank.
Big Pharma ~1/2 trillion they love selling you super expensive quitting methods again and again and again.. even when they only work as well as quitting cold turkey. I called the American cancer society to see where they stand on vapes and they told me "If a vape is the only way for you to quit smoking we recommend you take up smoking again".. I was horrified when the American Cancer Society told me to take up smoking. A quick search from their own home page turns up a story about how big Pfizer's last donation to them was.. So they are owned and will kill you for their next donation.
Then there are the politicians. They love tobacco tax money. What they can squeeze out of those least able to pay, ensures not having to raise other taxes or to simply have funds around for pork. Of course also huge are Tobacco bonds http://www.bloomberg.com/news/... which this story fails to notice trends with vape bans better than gas prices. Lets face it a smoker will walk before they go without nicotine.So the money buys sham stories like this that involve burning the compounds (which would not happen in a vape intentionally and ongoing) to scare people who do not think and do not like thinking.
The small vape businesses and people who vape, cannot afford the advertising dollars to get actual research put into news stories.The end result is scared ignorant people can get together and try to help kill ~10 million innocent people world wide every year.
Don't worry, denial will help you and all these people sleep at night, when they have racked up all time body counts after a few year of vape bans.That said I have used vapes to get all my family and friends of cigarettes. When vapes are banned they will go back to smoking and they will die bad (lucky ones will have a coronary or stroke).
To you and people like you who spread the FUD that will kill my family, friends as well as strangers I will never meet, I just have to ask you to please stop trying to kill millions upon millions of humans.It sounds crazy but that it the end goal. Keep people smoking and failing to quit until their money is gone and they are dead (hopefully after a long expensive treatment for the cancer). People are simply profit vectors these days it seems.
:( -
Re:Wow
Tesla ditched Mobileye, and not the other way around. Mobileye's stock went down by 10% after this. Tesla's didn't.
Welcome to slashdot, where the moderators are dumbfucks and the points don't matter. Guess what? Mobileeye ditched Tesla, to spend more time working with other manufacturers. They probably saw the writing on the wall: Tesla wants to control every part of their car internally, and working with Mobileye was just a way to get their foot in the door sooner with a product. Sooner or later, Tesla would have dropped them. While their stock has taken a big hit since the announcement, it's probably best for them in the long run. It's also great for Tesla, since they can deflect some of the blame onto their now-departed partner.
Whose stock dips after an announcement doesn't inherently tell you anything, mostly because the market is not rational.
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Re:Who is losing who?
Birkenstock needs Amazon more than Amazon needs Birkenstock.
Birkenstock has been around since 1773 and is doing quite well, thank you. Birkenstocks Are Still Ugly ---but at Least Now They're Cool
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Re:The old struggling to fight off the new
Horseshit.
This is incorrect.
Presuming the ratings are honest - which I do not trust them to be.
You, then, have my permission to stay at the hotels certified by the loving, caring, and benevolent officials of the local government. The government, over which you — a visitor from afar — have no control whatsoever.
I'll take my chances with AirBNB or someone like them, whose business model is based on the integrity of the ratings (similar to Uber and, to a large extent, Amazon).
Ah, you'll say, but my way is killing your way! Yes, I agree — which means simply, that your way does not have enough adherents to make sense.
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Re:Enron down under
Blackouts and brownouts hurt revenues for everyone.
I sure wish that were true. The links I provided say otherwise. We live under a system where the only failure is getting caught. The facts of this will come out in time, just like before. I don't know why you won't acknowledge that corruption is the sole cause of this problem and every other shortage we suffer, food, fuel, banking, all of it. It is a truly massive problem. And here people want to babble on about "supply and demand" as if it actually means something. The evidence shows exactly the opposite. This isn't a classroom here, the theories do not apply.
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Re:Abusive?
No, antitrust cases are about using dominance in one market to obtain dominance in a another market. Here the accusation is that Google makes services such as their own comparison-shopping service appear higher in search results than competitors' services (see here). If that is true, their competition with other comparison-shopping services is not just based on the merits of their own service but also on their dominance in the search engine market, and that is what antitrust law doesn't allow.
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Re:So will they be passing that savings onto us?
Housing has gotten pricier, not cheaper. My parents bought their home in 1963 for 20K. Current market value, $450K. Inflation doesn't begin to cover that. And that's STANDARD for the area--suburb in California.
http://www.bloomberg.com/view/... -
Re:Walmart mentality
You mean Weber grills, who were sued for putting Chinese parts in a made-in-USA grill?
Don't kid yourself. I just bought a barbecue recently, and after some research discovered pretty much all bbq manufacturers use China to manufacture, even the $1k+ grilles (I looked at Jackson, Weber, and Broil King grilles.) So I said screw it, if I'm going to get one from China anyway I'm not spending $1000 on one, and found a Char-Broil one for $400.
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Re:there's a major problem... but how does that he
Group stigmatization and blame is appropriate and should be meted out when the group is responsible. Individuals alone should be held out as bad actors when they are not representative of the group. So let's go through some of your examples:
All Muslims are terrorists.
Individual. See numerous muslims condemning terrorist attacks. See a substantial number of the group condemning terrorism here, here, and numerous other places if you spend literally 15 seconds searching online.
I used the search term "muslim condemnation of terrorism"
All gun owners are murderers.
From what I see, gun owners very quick to condemn those who use them to murder others as being "madmen and terrorists," and advocate that having more guns would result in fewer murders. See here, here, and the commonly known meme "the only way to stop a bad guy with a gun is a good guy with a gun."
You can disagree with whether they are right about their approach, but I'm sure you agree that they think mass murders are a problem which need to stop.
All computer gamers are anti-social psychopaths.
I haven't heard anybody make this accusation in recent years. I'll also note there is a lot of academic research going on to study if this is true or not, and if so how it can be addressed.
All police officers are bad actors
Uhh... I did a quick search and didn't see any groups associated with the police, and have seen nobody condemning police killings. Instead I see things like arrests of protesters, and conspiracies of silence and not turning in bad apples
All I see is prosecutor after prosecutor exercising discretion to not go after police corruption or murders, and the few times they do the carefully selected jury not holding them accountable. Maybe I'm only seeing a subset of the news, in which case I'd honestly love it if you could post counter-examples I could look at.
Oh, and to add:
Their lives are often at risk.
No, it isn't. They are #14, just after taxi drivers and construction laborer. Nobody talks about how noble Roofers are and how they deserve extra special honor and privilages due to the dangerous work they do.
Police have a miserable job which puts them in contact with bad situations (like psychiatrists, lawyers, and doctors)... but they seem to be the only group which tries to put itself on a pedestal and say they deserve extra-legal privileges because of it.
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Software developement and Agile qualification ..
"It takes at least eight months for an experienced software developer to earn an Agile qualification and they also need the ability to deal with senior executives, limiting the pool of people who could potentially fill the roles."
Is he seriously saying he can't find a decent software developer in the whole of Spain?
Agile: Incorporate feedback from the end users as you write the software, instead of releasing a version and then incorporating feedback into the next version. -
Re: his policy of driving down wages
Posting from the phone is somewhat difficult, so I managed to screw up a post, here it is again, hopefully fixed this time:
I can give you anecdotes, but they are not data, here is some data instead: - 2013, not today, still it is data. 26% unemployment rate, 53% of Spanish companies have no employees.
Figures from the INE statistics office show that 53 percent of Spanish companies have no employees, as many can't afford to hire full-time workers. That portion reached 55 percent last year. The total number of businesses declined for a fifth year in 2012, falling to the lowest level since 2005, the INE said in a statement this month.
While the number of companies seeking protection from creditors fell to 2,408 in the three months through June, the count was 62 percent higher than in the same period in 2011.
We need to help companies to consolidate or else we'll keep on churning out companies that go bust after a year, Andrade said in a telephone interviewHere are a *subset* of requirements that a company has to deal with when hiring:there is a 756.70 euro minimum wage and the maximum number of hours a person is allowed to work is 40, there is a maximum of 9 hours per day working hours (of course if you are running your own company and you are the single employee, you can work as many hours as it takes).
The payroll tax is 31.6% of the first 36000 euros (that is the employer portion, so whatever the salary you would be paying someone, add 31.6% to that for the payroll tax) the employee also pays 6.4%. Of course that means the cost to the employer is 131.6% and the employee gets 93.6% that is of the negotiated salary, which, by the way is mandated by the government for different industries, so there are price and wage controls.
If a minimum wage is paid, after the 31.6% payroll tax the real minimum wage is 995.81, at 4 weeks a moth of mandatory maximum 40 hour weeks, that makes 6.22 euro the minimum wage. That is already too high, however that is not all. There are mandatory vacation days and holidays where each employee is entitled to 44 days of paid fays off by the employer. That adds another what, 10% to the minimum wage? That is closer to 7euro an hour minimum. That is still a month and a half that the employee is not working, so somebody else has to be there for that, another employee with another 7 euro an hour, so now you have no choice but to have 2 people minimum for the job of one and the minimum is now closer to 14 euro an hour.
If an employee gets sick then they can take an 18 month sick leave and the employer must pay 70% of their salary and the employer must hire the employee back at the end, but there is already an interim working there instead, what happens then?
Maternity leave is 16 weeks minimum, which can be extended much beyond the 16 weeks if there are complications or twins, whatever , and the employer has to take that person back, again, what about the interim?
If an employee makes an allegation that th e employer 'discriminated' against them based on any of the following: sex, gender, race, age, ethnicity, ideology, religion, disability, union membership. Labour authority, which is *not* a court, can fine the employer anywhere between 6251 euro to 187000 euros (hundred and eighty thousand). So if you *do not hire* somebody or *fire* somebody or they allege you harass them, you can lose up to 187000 euro and then the employee can allege that you "retaliated" against them and the same tribunal can fine you again.
If you want to fire somebody, have to give them 15 day notice and 20 days severance pay for every year they worked. This is if you have a "valid reason".
If you don't have a " valid reason", you are on the hook for 45 days of severance pay for every year they worked and the there is another tribunal to determine if the reason is "valid".
If there is a merger or you sold your company and a worker g
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All about Monsanto - conspiracy theory
It was all about bashing Monsanto — the "evil" company, that specialized in GMO seeds and holds thousands of patents.
European competitors in particular were so afraid of it rising, they started a PR campaign to mongering fears of GMOs. The campaign created public's perception so negative, some countries (France, Germany) ban GMOs outright and vandals attack growers. Lately Monsanto (and DuPont) must've started fighting back, because American media began defending the technology — even calling its opponents "anti-Science" (where have I heard that before?).
But now that a German firm is seeking to buy Monsanto, Europeans need to be disabused of their misconceptions too.
GMO-haters have nothing but FUD — they've heard it is (or may be) dangerous, but don't know why — somebody told them... See also "chemtrails" and "Trump is racist".
Unfortunately, even in the US food can not be labeled "Organic", if it contains GMOs...
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All about Monsanto - conspiracy theory
It was all about bashing Monsanto — the "evil" company, that specialized in GMO seeds and holds thousands of patents.
European competitors in particular were so afraid of it rising, they started a PR campaign to mongering fears of GMOs. The campaign created public's perception so negative, some countries (France, Germany) ban GMOs outright and vandals attack growers. Lately Monsanto (and DuPont) must've started fighting back, because American media began defending the technology — even calling its opponents "anti-Science" (where have I heard that before?).
But now that a German firm is seeking to buy Monsanto, Europeans need to be disabused of their misconceptions too.
GMO-haters have nothing but FUD — they've heard it is (or may be) dangerous, but don't know why — somebody told them... See also "chemtrails" and "Trump is racist".
Unfortunately, even in the US food can not be labeled "Organic", if it contains GMOs...
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First Things First
Fix This http://www.bloomberg.com/news/...
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Re:In other news...
[...] that you just admitted how cowardly the Democrats were to use it [...]
You're saying that the Republicans were cowards for using the same exact reconciliation process to repeal Obamacare on a majority vote (52-47)?
http://thehill.com/policy/healthcare/262071-senate-approves-bill-repealing-much-of-obamacare
I seem to recall Obama getting fewer votes than 08
Obama is the first president since Eisenhower to win two consecutive elections with 51% of the votes. Roosevelt won four consecutive elections with 53% or better. That's a very impressive historic record for any president.
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Re:So where does mr. Elon Musk figure in all this?
From the tone of the article, I think Elon Musk might be involved behind the scenes, pulling the strings.
Only time with tell.
Seems that investors are quite concerned with this deal. Musk is the kind of person that plans is moves very far in advance. It's just not obvious why he is doing this.
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ROOT CAUSE
Since 1971 OPEC is being bullied to sell Oil exclusively in US dollars resulting in friction between 1.8 billion Muslims Worldwide and The West;
http://www.bloomberg.com/news/...
http://qz.com/562128/isil-is-a...
https://en.m.wikipedia.org/wik...
https://en.m.wikipedia.org/wik...
http://www.zerohedge.com/print... -
Re: One Million is nothing
Money is a measure of effort required to get a unit of it. It is also like a claim on goods and services. It is a logical construct, but it is not meaningless. The construct has persisted for millennia as a result of the benefits it provides to individuals.
To a central bank which can have it printed, it can seem meaningless. And the effort required to obtain a unit of it by an agricultural field hand versus the CEO of a financial services company are obviously very different. Central banks can distribute it to desired companies via bond purchases and other enticements.
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Re:Better Idea
Capital gains taxes have to compete globally.
Growth*(1-CorporateTax)*(1-CapitalGains) is a fairly competitive number. If you fuck with those numbers capital will leave your economy. Adults understand this and more or less assume it's understood. You'll note that growth is noisy.
Actually, there's no historical correlation between capital gains tax rates and economic growth (source: bloomberg), at least in the U.S., which is to say that there's no evidence whatsoever that raising the capital gains tax rate to the same as earned income (or even higher) will hurt the economy in any way.
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Re:Gamergate logic?
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Petrocurrency
Since 1971 OPEC is being bullied to sell Oil exclusively in US dollars resulting in friction between 1.8 billion Muslims Worldwide and The West;
http://www.bloomberg.com/news/...
http://qz.com/562128/isil-is-a...
https://en.m.wikipedia.org/wik...
https://en.m.wikipedia.org/wik...
http://www.zerohedge.com/print... -
Re:I'd be more impressed Mr Musk
Or do it under the ocean. What happened to the ocean floor habitats that 1950s promised us?
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Re:Omar Saddiqui Mateen?
Since 1971 OPEC is bullied to sell Oil exclusively in US dollars resulting in friction between 1.8 billion Muslims Worldwide and The West;
http://www.bloomberg.com/news/...
http://qz.com/562128/isil-is-a... -
Re:Vote trump
Trump doesn't even know what his own position is. Remember he "reserves the right to change his mind", even on something he made major talking points at rallies.
Trump know absolutely nothing about foreign policy, national defense, or trade. Even Mitch McConnell, who's had quite a few one-on-one's with Trump recently, says so.
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Re:Luddites?
They don't have to. http://www.bloomberg.com/news/...
Besides, there are legion ways to get around it. Companies make millions, for instance, but some daughter-company (not the same legal entity) in, say, Luxembourg, has the 'IP rights', and so the mother-company 'has to pay for the rights' and siphons most of it's profit over to the company in Luxembourg, and can legally deduce it as 'costs'. Suddenly making almost no profit in their home country, while paying very little tax in Luxembourg.
Note that this is all legal, at least in principle. (Luxembourg got slapped on the wrist for some deals by the EU, but is now just continuing, but with leaving behind no or less paper-trail, so it's become even more difficult to prove anything.)
So it's not that they can not move out of the USA, it's just they don't really need to move out. If you tax them to heavy in the USA (which isn't the case in South-Dakota
;-), their profit will suddenly dwindle to nothing.For it to be viable, you'd need to close down ALL those (mostly legal) backdoors *without creating new ones* - and good luck with that. and that, preferably on a world-wide scale.
So if one is waiting for that to introduce an UBI, I'm afraid it's going to take a damn long time, if ever.