Senators bully Apple

I agree with Tim Cook that our tax system is antiquated.

New York Times: C.E.O. Rejects Claim That Apple Is Avoiding Taxes

“Unfortunately, the tax code has not kept up with the digital age,” Mr. Cook said. “The tax system handicaps American corporations in relation to our foreign competitors who don’t have such constraints on the free movement of capital.”

The problem is not just that the tax code failed to keep up with the digital age, it is that the tax code is still trying to adjust to the age of sea-faring vessels.

I think Apple made a mistake sending Tim Cook (CEO and member of the Board of Directors) to the Senate. Apple should have sent Al Gore, who is also on the Board of Directors and serves on the Nominating Committee and Compensation Committee. The senators would have treated Mr Gore with respect.

One member of Apple’s Board of Directors was appointed by President Obama to the President’s Export Council. Perhaps Apple should have sent Obama’s appointee to discuss Apple’s use of foreign bank accounts. This board member’s name is Robert Iger. Mr Iger is also the CEO and Chairman of the Walt Disney Company, so maybe sending him to answer for Apple would have looked weird to the general public.

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Poor white South Africans

The BBC asks: Do white people have a future in South Africa?

Poor white people in South Africa live in large squatter communities with mosquitoes, very few toilets, stagnant dirty water, no plumbing, and no electricity. About 400,000 white people live in such primitive conditions. In other words, poor white people in South Africa live like poor black people in South Africa.

Rich white South Africans, especially farmers, are being murdered by angry black South Africans. This is not good. Zimbabwe suffered greatly when the white farmers were expelled.

Of course, the whites still have most of the money and corporate power, although that share is declining. The black share of the country’s income has not changed since the end of apartheid. The group who really benefited from the end of apartheid was the Asians  (mostly Indian), whose share of the country’s income increased significantly. Even more impressive is the fact that Asians are less the 3% of South Africa’s population, and had more than 30% of the country’s income in 2008.

The graph on the BBC article shows share of income by race from 1993 to 2008. If the trend remained consistent to 2013, it seems like whites and Asians would have an almost equal share of the country’s income. The majority, the blacks, are still stuck at about 7%.

At some point, probably when Nelson Mandela dies, the country will descend into chaos.

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Ancient water

BBC News: Deep Canadian mine yields ancient water

The ancient Canadian water is believed to be 1.5 billion years old, and is being tested for life.

Researchers in South Africa found that bacteria can live without sunlight, surviving on energy released from natural interactions between rock and water.

 

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Helping the “wrong” black students

A professor of law at Indiana University is upset that affirmative action is helping too many black immigrants and their children from Africa, while “traditional African-American students” are being ignored.

Business Insider: PROFESSOR: Affirmative Action Isn’t Helping The Right People

The professor needs some diversity re-education to overcome his vile nativist bias.

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New York Stock Exchange – 1792

The New York Stock Exchange was formed on May 17, 1792. It has not changed very much since its founding.

Also, I have now more than 100 followers. Thank you!

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No high-flying witches

I did not know this was a problem, but the nation of Swaziland is concerned about witches who might fly too high on their broomsticks.

South African news Times Live: Broomstick-flying witches to be brought down in Swaziland

Civil aviation authorities issued a height limit of 150 meters above the ground. Any higher, and the offending witch will be arrested and fined 500,000 rand. I hope the people of Swaziland feel safer now.

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Guantánamo Bay and American values

The Economist (May 4th, 2013): Guantánamo Bay: Enough to make you gag

The prison is “un-American,” says The Economist. It is “contrary to who we are,” said Barack Obama.

That is bullshit.

The United States has the world’s highest incarceration rate. We are a highly punitive nation, and we have no problem leaving citizens in jail for months or years while they fight trivial non-violent charges in court. Our drug penalties are draconian.

Guantánamo Bay is an accurate reflection of America’s current values.

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