Warren Buffet: Stop Coddling the Super-Rich

Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. According to a theory I sometimes hear, I should have thrown a fit and refused to invest because of the elevated tax rates on capital gains and dividends.

I didn’t refuse, nor did others. I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off. And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation.

via Stop Coddling the Super-Rich – NYTimes.com.

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How To Win A Drug War

Maybe one day we’ll be smart enough to solve our problems instead of making them worse.

Health experts in Portugal said Friday that Portugal’s decision 10 years ago to decriminalise drug use and treat addicts rather than punishing them is an experiment that has worked.

via AFP: Portugal drug law show results ten years on, experts say.

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The One Google Plus Feature Facebook Should Fear

Good take on Google(+|plus). It was a matter of time before they realized they should be better tying their properties together instead of creating a separate social site.

However, when I loaded up Google Finance as I do every morning, I suddenly realized that I was asking the wrong question. The reality is that users won’t have the option of not using Google Plus.Google already has more users than Facebook, over one billion. They aren’t going to suddenly leave Facebook in droves, they’re just going to spend more time on all the sites in Google’s network. That big notifications box in the top right of all Google sites is the reason why.

via The One Google Plus Feature Facebook Should Fear.

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U2 Goes For The Money Grab, To Reissue Achtung Baby

I’m stoked by video, audio and unreleased music from that era but i’m not stoked when people talk like this and treat their customers like ATM’s. I think someone has lost the plot.

Its likely there will be separate reissues of Achtung Baby and Zooropa, along with a deluxe box set that incorporates both albums as well as video and/or audio from Zoo TV. “There will be multiple formats,” says U2s manager, Paul McGuinness. “If you pile a lot of extra material and packaging and design work into a super-duper box set, there are people who will pay quite a lot for it, so you can budget it at a very high level and pump up the value.”

via U2 Go Back to the Nineties With Massive Achtung Baby Reissue | Rolling Stone Music.

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The Global Drug War Is A Failure

The Drug War is a failure. Jimmy Carter in the New York Times:

The report describes the total failure of the present global antidrug effort, and in particular America’s “war on drugs,” which was declared 40 years ago today. It notes that the global consumption of opiates has increased 34.5 percent, cocaine 27 percent and cannabis 8.5 percent from 1998 to 2008. Its primary recommendations are to substitute treatment for imprisonment for people who use drugs but do no harm to others, and to concentrate more coordinated international effort on combating violent criminal organizations rather than nonviolent, low-level offenders.

via Call Off the Global Drug War – NYTimes.com.

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“Big Content” Is Strangling American Innovation

One of the greatest threats to the USs ability to innovate lies within: specifically, with the music and movie business. These Big Content businesses are attempting to protect themselves from change so aggressively that they risk damaging Americas position as a world leader in innovation.

via “Big Content” Is Strangling American Innovation – James Allworth – The Conversation – Harvard Business Review.

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iOS: Prompting for App Ratings Using Appirater

I was looking for an easy to implement method to prompt for user ratings of my apps and found a great method here: Appirater.

The goal of Appirater is to encourage your satisfied user’s to rate your app. To use it, place the Appirater code into your project, and add the following code in your app’s delegate class.

via Presenting, Appirater – Arash Payan | Blog.

p.s. yes the name sucks but the code is great.

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Cellphones on a Plane

Interesting, but I’m all for banning cellphones so I don’t need to listen to some ass talk at the top of his voice so everyone knows about his golf outings and how awesome he is. You know there would be one on every flight.

A report by the International Air Transport Association, a trade group representing more 230 passenger and cargo airlines worldwide, documents 75 separate incidents of possible electronic interference that airline pilots and other crew members believed were linked to mobile phones and other electronic devices. The report covers the years 2003 to 2009 and is based on survey responses from 125 airlines that account for a quarter of the worlds air traffic.

via Is It Really Safe to Use a Cellphone on a Plane? – ABC News.

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67th Anniversary of D-Day

Today is the 67th anniversary of D-Day. Some great color photos from LIFE.

Before and After D-Day: In Color – Photo Gallery – LIFE.

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LocaDo 1.1 Submitted to The AppStore

I submitted LocaDo 1.1 to the app store this weekend and wanted to give a sneak peak. New features include:

  • A sleep mode for improved battery life, up to 60% better in my tests.
  • Metric to do saving for our international friends.
  • Bug Fixes.

Get v1.o here: LocaDo, location based to do list and reminders for iOS.

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