The Balanced News

Cat

jamesspada — Tue, 21 Feb 2012 03:27:48 +0000

the final countdown (1980)

jamesspada — Tue, 29 Nov 2011 20:16:37 +0000

Totally awesome generation gap movie.

I don’t know anyone else in my generation that has seen or talked about the movie, until now…Its a fantastic Einstein top secret top gun. However, instead of Charlie we got Martin Scene battling on the behalf of freedom.

Definite Recommendation.

QE3 shouldn’t be used to Inflate Equity Prices

jamesspada — Wed, 23 Nov 2011 20:52:56 +0000

If the Reserve does intend to extend money to the USA economy, it should be the production of infrastructure (roads, parks) that puts people to work.

Equity can handle a reduction in prices as it should cause corporations to hold less equity and move capital to reinvestment in technologies.

Putting High Qualified Professionals to Work.

jamesspada — Wed, 23 Nov 2011 16:43:56 +0000

I was reading an article discussing GE making 14 Billion profits, filing a tax return for 5 billion USA profits, and claiming 3 billion in tax credits.

The tax form filed – 57,000pages. Now thats a lot of jobs on both ends – The company and the department of treasury.

Well it seems that treasury department thought GE did a good job and gave them 3.2 billion.

—————–

FYI – Profits made outside the United States don’t require tax until brought back into the United States.

Questions.

What happens if the US government changes rules on taxation of foreign profits?

Do USA Companies leave the United States?

Do USA Companies return production to the United States, creating US Jobs and building treasury?

Where do allowance take place and how do global government taxation laws avoid companies from being taxed multiple times?

Attachment in Gmail, Why no – open in google docs option?

jamesspada — Mon, 07 Nov 2011 05:29:02 +0000

I would think well its probably just question of costs associated with holding all of those documents.

But gmail is already holding all of these documents, they dont have to be saved again.
Just referenced.

What would happen to property values if property taxes were eliminated?

jamesspada — Tue, 01 Nov 2011 17:28:16 +0000

Real cost of owning property would be less, resulting in an increased demand for property and higher property prices.

Ohio Value = $238,264,809,319.00

jamesspada — Mon, 31 Oct 2011 20:29:23 +0000

The Break Down

Class 1: 184,432,167,855.00
Agriculture Land and Buildings- $11,260,503,470.00
Residential Land and Buildings- $173,171,664,385.00
Class 2: 53,832,641,464.00
Mineral – $163,237,230.00
Industrial Land and Buildings- $10,280,030,710.00
Commercial Land and Buildings – $43,208,137,124.00
Railroad Land and Buildings – $181,236,400.00

Total Land with Buildings Value for Ohio = $238,264,809,319.00

Does not include government property (city, county, state, or federal).

http://tax.ohio.gov/divisions/tax_analysis/tax_data_series/publications_tds_property.stm

Mortgage Multiplier given a Reserve Requirement of 10%

jamesspada — Mon, 31 Oct 2011 15:56:08 +0000

Assume a 100K time deposit in a bank.

Then assume this money is then lent out for twenty mortgages, each 10% less than the last due to the reserve requirement.
Assume each mortgage is a title transfer between two bank customers and held by the same bank.

Total Reserves: $87,842.33
Total Reserves + Last Amount Deposited: 100.00k in the Bank

Total Amount of Deposits: $890,581.01
Total Amount Lent Out: $790,581.01

Total Interest on $790,581.01 for one year at 5% Interest = $39,529.05

$39,529.05 is equal to just under 40% annual interest on 100k deposit.

Reserve Requirement

In appreciation for expansion and contraction – money supply

jamesspada — Thu, 27 Oct 2011 04:01:26 +0000

What is the current land value of the united states?
Now..
What is the land value of the united states if all debt has been repaid?
Assume US dollars, i ask not.

At both points; current levels, and in the absence of debt how much money is in existence?

With respect to the time value of money.

Catch a tiger by his toe

jamesspada — Sun, 23 Oct 2011 22:15:45 +0000

it takes balls if you dont know the count. Lucky for him the tiger anticipated the count.