Saturday, December 22, 2012

Let?s Tax Guns

158653064JR016_U_S_GUN_SALE

A Glock pistol with a 17-round magazine

Joe Raedle

Read more on Slate about gun control.

In its press conference today, the National Rifle Association said the way to prevent school shootings is to offer armed guards to every school. Right. Back here on Earth, there are plenty of tools at the government?s disposal for controlling guns without putting them in schools?or running into constitutional trouble with the Second Amendment. And one of them is the federal tax code.

The federal taxing power has been consistently upheld by the Supreme Court as constitutional and has been used broadly as a means of changing social policy and individual choices. Everyone, for instance, has the freedom to be single, remain childless, not own a home, refuse to make charitable donations, not save for retirement, smoke cigarettes, and have energy-inefficient windows, among other things?but they pay a price, in the form of more taxes, for each of them. Most recently, the government has made the choice to remain without health insurance a costly one as a way to encourage citizens to obtain coverage. By making some choices more expensive than others, the federal government creates incentives for certain kinds of behavior.

A federal excise tax on guns could change the social landscape. It would work like this: Everyone who can pass a background check to own a firearm would be entitled to purchase one weapon, tax-free. This would leave our right to own a weapon for self-defense unencumbered and would therefore be constitutional under the Second Amendment. After that, the government would levy an excise tax on each additional weapon owned. The amount of the tax would increase as the number of weapons owned increased. The tax wouldn?t stop anyone from legally owning as many guns as they like, but it would make the choice to accumulate personal arsenals ? like the one owned by Nancy Lanza in Sandy Hook ?much more expensive, and therefore less prevalent. Decreasing the number of arsenals makes everyone safer by reducing the likelihood of weapons being taken by people who aren?t authorized to use them, as Nancy Lanza?s were by her son before he drove to Sandy Hook Elementary and killed 26 people.

The government could also reduce or waive the tax for weapons that have certain safety features. These might include ?micro-stamping? technology, which uses a laser to imprint the make, model, and serial number onto the firing pin of a weapon, making it immediately traceable to its registered owner. Another might be ?smart guns? with biometric trigger locks, which would allow only the registered owner of a gun to fire it. Gun manufacturers have historically resisted implementing these existing technologies because they don?t have to, and because adding them increases their cost of production. But if consumers demanded these features as a way to avoid taxes, we could see a shift in the kind of weapons produced and sold.

Of course, some people may try to avoid taxes by buying guns on the black market. But they?d risk the IRS coming after them for tax evasion, which is relatively easy to prove (Al Capone, anyone?) and carries civil and criminal penalties. Tax evasion has been law enforcement?s tool for combating organized crime and the drug trade. Extending its reach to unregulated guns could prove very effective: After all, you can?t hide your weapons in a Swiss bank account.

We need many solutions to America?s gun problem?meaningful change needs to tackle the problem from all angles, and those include the tax incentives the government creates to influence individual choices. The American answer to the question ?What sound does a gun make?? has been ?Rat-a-tat-tat,? or more grandly, ?The sound of freedom.? We can use the tax code to add: ?Cha-ching.?

Source: http://feeds.slate.com/click.phdo?i=8d5b525ff1d607e8b08bdca2c6a8b2ea

resolute national enquirer whitney houston casket photo jk rowling qnexa kingdom of heaven national enquirer whitney houston arizona republican debate

Fricken Awesome Graduation Prank at Grand Valley State Goes Viral!

Source: http://www.thehollywoodgossip.com/2012/12/fricken-awesome-graduation-prank-at-grand-valley-state-goes-vira/

alec baldwin alec baldwin college basketball oakland pinnacle airlines kansas vs kentucky joe posnanski

Friday, December 21, 2012

Sony rumored to be developing full-frame mirrorless camera, release could come in 2014

This September, Sony disrupted the point-and-shoot market with the announcement of a full-frame compact model -- the $2,800 Cyber-shot RX1. On the same day, the company shared news of its first full-frame HD video camera, the NEX-VG900, representing Sony's third imaging product line to pack the 35mm chip. Now, it looks like the Japanese electronics giant is fast approaching the industry's final frontier, with rumored plans to launch a full-frame mirrorless model in late 2013 or early 2014. Sony Alpha Rumors has reportedly confirmed the news with multiple sources, adding that the TBD model has reached the "final stage of development," and that a 24-megapixel and 30+ MP prototype are currently undergoing testing.

The camera is expected to be slightly larger than the NEX-7, and should include a native E-mount, with A-mount lens compatibility (for full-frame shooting) to be offered as well. We've reached out to Sony for confirmation, but, considering that the rumored product is a year or so out, we don't expect a reply. Still, based on the company's recent announcements, a full-frame mirrorless ILC doesn't seem so far-fetched, and we can't think of a better manufacturer to take on such a project than Sony.

Filed under: ,

Comments

Via: PetaPixel

Source: Sony Alpha Rumors

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/HQtuDaK1TsA/

album of the year grammy red carpet grammy award winners the band perry grammy awards whitney houston autopsy dobie gray

Monday, December 17, 2012

Secretary of State faints, sustains concussion

WASHINGTON (AP) ? Secretary of State Hillary Clinton sustained a concussion last week after becoming extremely dehydrated and fainting while suffering from a stomach virus, the State Department said.

The 65-year-old Clinton is recovering at home and has been advised by her doctors to continue to rest and avoid strenuous activity and cancel all work events for the next week. She had been scheduled to testify before a pair of congressional panels looking into the Sept. 11 attack against a diplomatic outpost in Benghazi, Libya.

Dr. Lisa Bardack of the Mt. Kisco Medical Group and Dr. Gigi El-Bayoumi of George Washington University said Saturday that Clinton was suffering from a stomach virus and fainted after becoming extremely dehydrated.

Clinton was diagnosed with a concussion Thursday after fainting at home earlier this week, according to a State Department official who spoke on the condition of anonymity because he was not authorized to discuss Clinton's injury publicly. The doctors did not determine it to be a "severe" concussion, the official said.

Clinton, who is expected to leave her job soon, skipped an overseas trip this past week because of the stomach virus, the State Department said Saturday.

President Barack Obama telephoned his top diplomat Saturday to wish her well, a White House official said.

The State Department said in a statement that Clinton will continue to work from home in the week ahead and looks forward to returning to the office "soon," the statement said.

The Senate Foreign Relations Committee said it won't hear from Clinton as planned at a Thursday hearing into the attack at the outpost in Benghazi that killed four Americans, including the U.S. ambassador. The House Foreign Affairs Committee also said Clinton would no longer give scheduled testimony at its hearing Thursday on Libya.

Senior State Department officials William Burns and Thomas Nides are to take Clinton's place at both hearings.

Clinton's aides on Saturday informed the Senate committee chairman, Sen. John Kerry, about her health, and the Massachusetts Democrat "insisted that given her condition, she could not and should not appear" as planned, said Kerry spokeswoman Jodi Seth. Obama is expected to nominate Kerry to succeed Clinton.

Clinton backed out of a trip to North Africa and the Persian Gulf on Monday because she was sick. She caught the virus during a recent visit to Europe.

The former first lady is known for her grueling travel schedule and is the most traveled secretary of state, having visited 112 countries while in the job.

___

Associated Press writer Jim Kuhnhenn contributed to this report.

Source: http://news.yahoo.com/secretary-state-faints-sustains-concussion-172605823--politics.html

pittsburgh steelers seattle seahawks ryan tannehill cispa baltimore ravens space shuttle new york courtney upshaw

Private equity's European land grab - The Term Sheet: Fortune's ...

By Charles Wallace, contributor

The Carlyle Group bought the property at 88 St. James's St. for $54 million.

The Carlyle Group bought the property at 88 St. James's St. for $54 million.

FORUNE -- The Blackstone Group has raised a dedicated $4 billion European real estate fund; David Abrams, head of European real estate investment for Apollo Global Management, says his firm has made 30 investments this year in the U.K., Germany, Ireland, and Spain; the Carlyle Group is buying mainly in Northern Europe, which includes Sweden, Norway, Germany, France, and especially the U.K. -- isn't Europe supposed to be shaky ground in which to invest? What gives?

MORE: 20 best places in the world to launch a business

Well, there are deals to be had. European banks, bloated with real estate, have been looking to dump their holdings -- the International Monetary Fund estimates that 58 European banks will sell at least $2 trillion in assets over the next two years. (By contrast, the S&L mess in the U.S. in the 1980s forced the sale of only about $400 billion in assets.) Ken Caplan, head of European real estate for the Blackstone Group (BX), says that this is still the most desirable market for global investors, especially high-profile London office buildings. Spain is creating a "bad bank" to take over about $117 billion in nonperforming real estate loans that have been weighing down balance sheets all over Madrid. Spanish banks have been reluctant to sell the assets at a loss because it would erase their capital, but the bad bank will probably sell them at market clearing prices.

MORE: The Fortune Global 500

Still, even distressed assets ain't cheap. Abrams says that U.S. firms are getting bargains because they have to invest in big infrastructure on the ground, using dedicated teams in each country, including experts on credit and the real estate market, which can be dramatically different from country to country. Traditional investment banks are noticeably absent from this land grab. It seems they have less appetite to invest in distressed debt.

This story is from the December 24, 2012 issue of?Fortune.

Source: http://finance.fortune.cnn.com/2012/12/17/europe-real-estate/

ray lewis Bosses Day 2012 Arlen Specter Winsor McCay Amanda Todd washington nationals Gary Collins

Nordstrom family scion keeps up with Amazon online

SAN FRANCISCO (Reuters) - The future of retail came to Jamie Nordstrom not in a dream, but though his email inbox from Amazon.com Inc, the online retailer that Nordstrom now targets as his biggest rival.

The 40 year-old, great-grandson of Nordstrom Inc founder John W. Nordstrom and president of Nordstrom Direct ordered a fishing tackle box from Amazon last year. And then he received emails from Amazon about other tackle boxes for five straight days.

On the sixth day, Amazon sent an email to buy an additive that is often used to preserve gasoline in boats stored over the winter -- an example of Amazon's strength crunching customer data to provide more relevant recommendations.

"I was like, 'Crap, I need some of that.' They got me and all I had to do was literally hit a button. That's incredibly valuable," Nordstrom said during an appearance at the Milken Institute Global Conference earlier this year.

Nordstrom, who already has his company's online business growing at a greater pace than its rivals, sees this "personalization" as the new front in the retail wars, delivering the high levels of customer service that the department store is already known for.

That's why Nordstrom is going on the offensive against Amazon, spending heavily on technology and luring talent from Amazon and Microsoft Corp. to super-charge his family department store chain's growth.

At a time when others are still playing defense or trying to match Amazon, Jamie Nordstrom is seen as a leader in the retail industry's attempts to grow online.

"I really respect a lot of what's going on at Nordstrom online and Jamie Nordstrom runs that," said Scot Wingo, chief executive of e-commerce firm ChannelAdvisor. "He's focused on putting customers first and that's led him into these new areas."

The scion of the Seattle-based retailing family led a multi-year integration of Nordstrom's stores and website that was completed in 2009 - years before most retailers.

Now, in addition to personalization, he's going after the world's largest Internet retailer with a mobile device strategy and broader online selection.

"E-commerce is going to be where the majority of our future growth comes from, period," Nordstrom said in September at a National Retail Federation conference. "We're building a foundation to be successful in that environment. That's where the battle will be won or lost."

Retailers like Best Buy Co Inc and Barnes & Noble Inc are losing sales to Internet rivals as more people shop online, lured by low prices, vast selection and the convenience of faster shipping.

This year on Black Friday, traditionally the most important shopping day in the United States, online sales surged 26 percent, while store sales dropped an estimated 1.8 percent, according to comScore Inc and ShopperTrak, respectively.

For Nordstrom, such rapid online sales growth is business as usual. Third-quarter sales at the company's department stores rose 8.1 percent compared to the same period a year earlier, while sales at Nordstrom Direct, as the online business is known, jumped 38 percent. While it's from a much smaller base, that growth outstripped the rate of Amazon's third-quarter sales, which climbed 27 percent.

"They have always been on the forefront and Jamie knows his stuff, knows the competition and remains humble," said Jennifer Black, a retail analyst at Jennifer Black & Associates who has covered Nordstrom for more than a decade, who began her career there and meets with Jamie Nordstrom at least once a year.

"If you ask Jamie what he wants to be when he grows up, he wants to compete with the likes of Amazon," she added. "That's setting the bar high and I think that's good."

The main difference between Jamie Nordstrom and other retail executives is his willingness to spend heavily on long-term projects, another Amazon trait, according to Josh Berman, co-founder of MySpace and CEO of online fashion start-up BeachMint.

At the start of 2012, Nordstrom unveiled a $3.3 billion, five-year capital plan of which about 30 percent was to be spent on e-commerce and technology. That is double the amount Nordstrom allocated to those areas in its capital plan a year earlier.

STOCK BOYS

When Berman and Nordstrom met at the Milken conference in Los Angeles in May, they reminisced about their first jobs as stock boys at Nordstrom.

Berman had a holiday job in the stockroom of the Nordstrom in Woodland Hills, California, when he was 16, while Jamie Nordstrom began his career as a teenager in the stockroom of a Nordstrom store.

"This was about 27 years ago and he was very familiar, not only with the mall I worked at, but with the ins and outs of the specific department I worked in," Berman said.

Jamie Nordstrom is now part of a nine-person team that runs the company. He's the second cousin of three other Nordstroms on the team: Blake, president of Nordstrom; Erik, president of stores; and Peter, who runs merchandising.

Before 2005, Nordstrom.com and the company's physical stores had different products and prices and separate marketing, human resources and accounting departments.

Jamie Nordstrom combined the two, giving sales staff and customers access to any product in inventory at any time. Nordstrom can also fulfill online orders from stores, or order an item online that has run out in stores.

The system can also route online orders to stores where items are selling slowly, keeping turnover high and limiting price mark downs, according Kimberly Greenberger, an analyst at Morgan Stanley.

Most retailers, including Wal-Mart Stores Inc and Macy's Inc, have only recently set up such systems, known as multi-channel fulfillment.

Now Nordstrom plans to show more relevant recommendations to customers online and to their smartphones. The best selling online categories include: women's and men's apparel, jewelry, and cosmetics. Such information will also show up in Nordstrom stores through sales staff using Apple Inc iPads and iPod Touch devices.

"Retailers that are investing in the back end of that - to deliver that personalized information - are the ones that are going to win," Nordstrom said, noting that the company has more than 10,000 mobile point-of-sale devices in its stores. "We're betting pretty hard on that."

To get all this done, he has hired more than 400 new employees with experience in areas such as software engineering and website development.

Last year, Nordstrom hired Kirk Beardsley, an e-commerce executive from Microsoft, who was director of business development at Amazon for over seven years.

Other Microsoft and Amazon employees have followed Beardsley to Nordstrom Direct.

"We've been on an online growth strategy, you could say, for eight years now," Nordstrom said. "At different steps along the way we see opportunities to make a step change in our capabilities. In 2012, we saw an opportunity."

(Editing by Leslie Gevirtz)

Source: http://news.yahoo.com/nordstrom-family-scion-keeps-amazon-online-173846124--sector.html

turbo tax katharine mcphee cold mountain valentines day ideas the villages florida egoraptor gisele bundchen

Movie review: Pitch Perfect ? 360Dewan

Posted by brownsuger on December 16th, 2012 at 9:15 am

Pitch Slapped

My buddy Taz payed me a visit and we were handing out at my crib. He told me about a movie he just saw which called ?Pitch Perfect? then he showed me the trailer and i was ?what is this movie it?s?hilarious?, i gota watch this movie in blue ray No Diggity ;) i didn?t know white girls can rap.

YouTube Preview Image

[Watch on YouTube]

Source: http://www.360dewan.com/index.php/2012/12/16/movie-review-pitch-perfect/?utm_source=rss&utm_medium=rss&utm_campaign=movie-review-pitch-perfect

brooklyn nets may day protests tony nominations 2012 facebook organ donor jessica simpson gives birth carrie underwood blown away chk