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Charming Munich Apartment + Balcony
Size85 m²
Floor No.1(with elevator)
- Family/child friendly
- Kitchen
- Washer/dryer
- Elevator in building
- Internet/WiFi
- Towels
- Indoor fireplace
Accommodation summary
|Prinzregentenstraße, 81677 Munich, Germany
|Property type
|Property ID
|Acceptance rate
|Response time
|A few hours
|Calendar updated
The lovely apartment overlooks a quiet courtyard and boasts 3 double bedrooms with traditional wooden furniture. Parquet flooring and original stucco ceilings were maintained to keep the charm and character of the dignified building. The living room includes a double sofa bed and a dining area. There is a shower room and a WC.
Located in Maximilian Park, the Angel of Peace is just a 10-minute walk away. The English Garden can be reached within 5 minutes' journey by tram and is best known for its 4 beer gardens. Munich Central Train Station (Hauptbahnhof) is just a 10-minute journey by underground (U-Bahn).
The surrounding neighbourhood features Prince Regent Square which hosts the Prince Regent Theatre, many galleries and a selection of restaurants and bars.
House rulesHouse rules:
Nonsmoking apartment: smoking is strictly prohibited in the apartment and in the hallway. Pets are allowed only on request. Celebrations (birthdays, bachelor parties, New Year's, etc.) are not permitted in this apartment. If that is your intention please refrain to book this apartment. From 9:00 PM to 9:00 AM no loud music and no loud talking in the apartment and in the hallway are allowed. In the house live families with small children, elderly persons and people that need to wake up early. Should the police be called due to peace disturbing behavior, we reserve the right that you have to leave my premises immediately without refund. We ask for appropriate consideration and understanding, and then you are welcome in our apartment.
Important notice:
Although you never have to share the apartment with other guests, you might not have access to the whole apartment. Depending on the number of guests in your booking you will have access to a certain number of bedrooms. Bookings for 1-2 guests will get 1 bedroom prepared. Bookings for 3-4 guests will get 2 bedrooms prepared. Bookings for 5-6 guests get all three bedrooms prepared. Bookings for 7-8 guests get all three bedrooms prepared and the sofa bed in the living room will be prepared as a bed. The guest can get more bedrooms than the ones provided in the booking by paying a surcharge.
|Price for > 4 guests
|$ 18 US per guest/night extra
|Check-in after
|Check-in before
|On arrangement
|Check-out before
|Cancellation Policy
Reviews of this property
Great location. Very close to Metro station and only 3 to 4 stops from city center. Supermarket 5mins walk around the corner. Bedrooms are decent size and all rooms well equipped. Hope to be able to stay again.
We had a very enjoyable stay at Alex's apartment. We were a party of 6 and there was plenty of room for all of us. The apartment faces a quiet courtyard. It was clean and well-equipped and the beds were very comfortable. It was easy to communicate with Alex. We had a great stay and everything went so well for us during our visit to Munich!
Perfect size apartment for our family of 6. Clean and good facilities. Great location - close to transport, shops and restaurants.
Perfect location and lovely apartment! Very close to public transit (U Bahn) and exquisite building. Easy access to shopping and tourist locations. Grocery store just around the corner. On busy street but apartment is quiet and serene. Two wonderful balconies (one big one with table and four chairs) , onto private courtyard. We appreciated busy street as it is a safe location , good area of city and yet peacefully quiet. Alex is a wonderful, attentive host. I would definitely rent this unit again and highly recommend it, and Alex! Thank you for an excellent "home" while exploring beautiful Munich!
The apartment is spacious, clean and very quiet gelegen.Allerdings the bathroom is very, very close and at a urinal mounted point failed, because you keep accidentally pressed the flush.
The kitchen is quite small and not ideal for cooking.
At 6 adults a little logistics required.
We loved the nightly rest well.
Something has astonished us repeatedly pronounced in the week and the days prior to arrival Note on the house rules, both of Wimdu, as well as the lessor.
We are often tenants of apartments have, something not experienced in this form.
Die Wohnung ist geräumig, sauber und sehr ruhig gelegen.Allerdings ist das Bad sehr, sehr eng und ein Urinal an angebrachter Stelle nicht gelungen, da man ständig ungewollt die Wasserspülung betätigt.
Die Küche ist ebenfalls recht klein und lädt nicht zum Kochen ein.
Bei 6 Erwachsenen war ein wenig Logistik erforderlich.
Uns hat besonders die nächtliche Ruhe gut gefallen.
Etwas erstaunt hat uns ein mehrfach in der Woche und den Tagen vor der Anreise ausgesprochener Hinweis auf die Hausordnung, sowohl von Wimdu wie auch durch den Vermieter.
Wir sind häufig Mieter von Ferienwohnungen, haben so etwas in dieser Form noch nicht erfahren.
Dear Alex,
We have enjoyed our stay.
Many thanks for the great accommodation.
The following improvements could be considered.
Specify 1. Parking on a plan.
2. ensure WiFi availability in the whole house.
Kind regards and until next time!
Erkan Erdal
Lieber Alex,
Wir haben unseren Aufenthalt sehr genossen.
Besten Dank für den tollen Unterkunft.
Folgende Verbesserungen könnten überlegt werden.
1. Parkmöglichkeiten auf einem Plan angeben.
2. WiFi-Verfügbarkeit in der ganzen Wohnung sicherstellen.
Freundliche Grüsse und bis zum nächsten Mal!
Erkan Erdal
fully equipped accommodation, clean and spacious and very well located in a quiet area with metro stop 3minutes.
with good weather you can enjoy the back deck!
a pleasure to visit munich!
un alojamiento completamente equipado, limpio y espacioso y muy bien situado en una zona tranquila, con parada de metro a 3minutos.
con buen tiempo se puede disfrutar de la terraza posterior!
un placer para visitar munich!
The apartment did what they promised and offered sleeps 8 people, the access to the apartment was well organized, in short: Highly Recommended!
Die Wohnung hielt was sie versprach und bot Schlafplätze für 8 Personen, der Zugang zur Wohnung war gut organisiert, kurzum: Absolut empfehlenswert!
Very tasty and skilfully furnished apartment. Conveniently located. Quiet, well maintained, beautiful old house. To recommend Definitely.
Sehr geschmackvoll und geschickt eingerichtete Wohnung. Verkehrsgünstig gelegen. Ruhiges, gepflegtes, wunderschönes altes Haus. Auf jeden Fall zu empfehlen.
Perfectly organized, hosts very friendly and uncomplicated; super residential location with metro station at the door, very quiet, good beds, everything available, what you need, bathroom very small, but clean. Gladly again.
Perfekt organisiert; Gastgeber sehr freundlich und unkompliziert; super Wohnlage mit U-Bahnstation vor der Tür; sehr ruhig; gute Betten; alles vorhanden, was man braucht; Bad zwar sehr klein, aber sauber. Gerne wieder.
- Quality assured accommodation
- Every host is verified by telephone
- Secure payment via SSL encryption


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Home>About Us>Press Room>2009 Press Releases>Recent Major Acquisitions
'An Angling Party' by Matthew James Lawless (1837-1864) which was purchased last November at Sotheby's in London, is an accomplished genre scene in which the artist includes himself among a small group enjoying an angling picnic. The National Gallery has one other painting by Lawless in its collection, entitled, A Sick Call which though similar in composition, is quite different in tone. Lawless suffered ill-health throughout his young life, and despite a fragile constitution he enjoyed angling and skating as was a talented musician. He remains an enigmatic figure whose known works in oil number just five.
A particularly important work to enter the collection is 'On the Bridge at Grez' (1884) by Sir John Lavery (1856-1941), which was gifted to the Gallery in December 2008 by Lochlann and Brenda Quinn (Heritage Gift). It was painted in the 1880s while the artist was in Grez-sur-Loing in Fontainbleau. Lavery painted scenes of Grez on at least ten occasions. The view in this composition is unique in that he paints the road across the bridge rather than a view from the river. The model standing at the bridge is believed to be his fellow artist, Frank O'Meara (1853-1888). There are already eleven works by Lavery in the Gallery's collection. These include seven portraits, three genre scenes and his sketch of the Ratification of the Treaty.
In March, the Gallery will display Erskine Nicol's 'The 16th, 17th (St. Patrick's Day) and 18th March' (1856), which was purchased late last year at the Gorry Gallery, in Dublin. The painting, which is replete with cameos drawn from similar works by the artist, was exhibited at the Royal Scottish Academy in 1856. It shows figures dancing, playing music, storytelling and hawking in front of St. Doulough's Church near Malahide, which was painted some time later by Nathaniel Hone. This new acquisition is a testament to Nicol's technical and narrative abilities and to his longstanding interest in Irish subject matter. This painting is expected to go on view from mid March 2009.
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subset: commoncrawl


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No idea what this could be, but....
No idea what this could be, but....
Ian Rapoport @RapSheet
WFAA is reporting Cowboys DT Josh Brent is held in Irving Jail for allegation of intoxication manslaughter. I know Brent won't make trip
Retweeted by Brian McIntyre
Ian Rapoport @RapSheet
I can also confirm. Awful RT @Matt_Barrie: Can confirm, Josh Brent was driving car involved in a fatal accident that killed Jerry Brown Jr.
Jerry Brown Jr. is apparently a practice squad player for the Cowboys. Very terrible.
Some more info:
Josh Brent arrested after crash kills Cowboys player
By Dan Hanzus
- Around the League Writer
- Published: Dec. 8, 2012 at 03:29 p.m.
- Updated: Dec. 8, 2012 at 03:54 p.m.
Irving police confirmed Brent is being processed on the charge, a second-degree felony punishable by two to 20 years of imprisonment and a fine of up to $10,000. Police said Brent is scheduled to be arraigned Sunday.
- Dallas Cowboys defensive tackle Josh Brent was arrested Saturday on an intoxication manslaughter charge connected to the death of Cowboys practice squad linebacker Jerry Brown Jr., Irving, Texas, police confirmed to NFL.com's Ian Rapoport.
According to a report released by Irving police, Brent was behind the wheel of a speeding vehicle after 2 a.m., when it hit a curb, causing it to flip at least once before coming to rest in the middle of a service road. When officers arrived on the scene, Brent was responsive and able to speak. Brown, 25, was unresponsive and transferred to a local hospital, where he was later pronounced dead.
The Cowboys confirmed Brown's death as the team prepared for Sunday's matchup against the Cincinnati Bengals.
Cowboys owner Jerry Jones released a statement of condolence:
"We are deeply saddened by the news of this accident and the passing of Jerry Brown," the statement read. "At this time, our hearts and prayers and deepest sympathies are with the members of Jerry's family and all of those who knew him and loved him."
Brent and Brown were college teammates at Illinois and were living together, a team source told Rapoport.
Brent is in his third season with the Cowboys. A promising nose tackle, he had been in line to start for injured veteran Jay Ratliff on Sunday.
Brown was signed to the Cowboys' practice squad on Oct. 24. He was previously on the Indianapolis Colts' practice squad before his Oct. 20 release.
Follow Dan Hanzus on Twitter @danhanzus.
Unbelievable. Roger Goodell has to be harsher on DUIs...how much longer can this go on? Such an issue, especially when law enforcement wants to "cut them a break". Saw the video of Jovan Belcher being stopped at 3 am before the incident occurred, disgusting how three cops handled it.
The sad thing is this whole event could have been avoided by using the car service provided by the NFLPA or taking a cab.
We Want 5!
Throw the book at that POS Brent! This ain't his 1st DUI offense either! He had the services of the NFL's "Get a ride if your too stinkin drunk to drive" program at his disposal & chose not to us it! There are no excuses in the world that his POS defense lawyer can come up with to get this maggot off with probation! It's just a shame he didn't bite it as well!
Sorry, I hate drunk drivers & can't stand Irresponsible drinkers in general! Never touched a drop of alcohol in my life cuz I never saw the big attraction to drinking as well as I'm a health nut & don't believe in putting a flammable liquid in my body, Don't smoke either. I have always lived my life by the "sound mind, clean, healthy body" mantra.
And anybody that would come to this POS defense here is an A-hole in my book as well!
I used to work in a jail setting and it is amazing how many drunk drivers there are out there no matter if they are aware of the possible consequences.
I am not going to lie and not say I have never driven drunk. In my early military days I did..and was very lucky not to have hurt either myself or someone else. But, I wised up after a scare where my buddy lost his license and driving privileges on base after running off a base road. We were lucky that was the only penalty.
I think people think they are either 1) invincible or 2) never think it will happen to them. It's a tragedy but the accountability and failing belongs to everyone...most of all to the player that lacked judgement and made the decision to get behind the wheel.
The guy has to live with the fact that he was responsible for the death of his friend, but that is of little consequence since a young man lost his life and his family lost a son, brother, father, etc. This is sad and should serve as a wake up.
And, as much as I hate the Cowboys this is something that transcends a simple game. I hate the Cowboys as a rival, but never wish to see something bad happen to any human being.
Last edited by Rat_bastich; 12-09-2012 at 12:56 PM.


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Focus on Economic Data: U.S. Employment and the Unemployment Rate, August 2012
This lesson focuses on the September 7, 2012, U.S. Department of Labor, Bureau of Labor Statistics, "Employment Situation" announcement of employment data and the unemployment rate for the month of August, 2012. This lesson introduces the basic concepts of the BLS employment and unemployment data. The meaning and importance of the data are discussed. Assessment exercises are included for reinforcing knowledge of the concepts.
Business Cycles, Full Employment, Labor Force, Macroeconomic Indicators, Types of Unemployment, Unemployment, Unemployment Rate
- Review the most recently reported U.S. employment and unemployment data.
- Determine the changes in U.S. employment and unemployment from the past month and year.
- Determine the factors that have influenced the change in the U.S. unemployment rate.
- Explain the implications of the employment and unemployment data for individuals, population groups, and the U.S. economy.
Current Key Economic Indicatorsas of November 30, -0001
Each month, the U.S. Bureau of Labor Statistics (BLS) releases data from the monthly "Household Survey" conducted by the Bureau of the Census, providing a comprehensive body of information on the employment and unemployment experience of the U.S. population, classified by age, sex, race, and a variety of other characteristics.
The BLS also conducts the Current Employment Statistics (CES) program, surveying about 150,000 businesses and government agencies, representing approximately 390,000 individual work sites, in order to provide detailed industry data on employment, hours, and earnings of workers on nonfarm payrolls.
The BLS compiles information from these sources and announces the monthly "Employment Situation," reporting the current U.S. employment and unemployment data estimates. The monthly announcement reports employment data from the previous full month.
This lesson is about the September 7, 2012, BLS announcement, "Employment Situation: August 2012 ." This lesson will introduce the basic concepts and data for employment and unemployment.
"Employment and Unemployment Rate" Focus on Economic Data Lesson Schedule
During the first half of the 2012-2013 school year, (September-December, 2012), EconEdLink will publish four Focus on Economic Data lessons on employment and the unemployment rate. During this time period, the lessons will begin with the 'basics' in September (this lesson) and progressively focus more on complex data, issues and comparisons. All monthly Focus on Economic Data lessons will include the current data and significant recent changes.
- August 2012: employment and unemployment data basics. What is employment? What is the unemployment rate? How are they measured? What is the current data? What do they mean?
- September 2012: details and issues about the measurement and meaning of employment and unemployment, adding concepts such as underemployment, full employment, etc.
- October 2012: detailed breakdown of the data by region and industry (trends, identifying trends and comparisons of regions and demographic groups
- November 2012: the relationships of employment and unemployment data to other economic data, such as GDP, CPI, etc., and the business cycle.
- Bureau of Labor Statistics: The Current Population Survey (CPS): This site contains a monthly survey of households conducted by the Bureau of Census for the Bureau of Labor Statistics. It provides a comprehensive body of data on the: labor force, employment, unemployment and persons not in the labor force. www.bls.gov/cps/
- Fact Sheet on Seasonal Adjustment in the CPI, www.bls.gov/cpi/cpisaqanda.htm
- Labor and Productivity Costs: This BLS site provides full historical annual and quarterly measures of labor productivity and costs in the U.S. www.bls.gov/lpc//news.release/prod2.nr0.htm
- Historical Changes in Employment: This BLS site provides employment percentages dating back to 1939. data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0000000001&output_view=net_1mth
- Historical Unemployment Rate: This BLS site provides unemployment data dating back to 1948. data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNS14000000
- Ranks of Discouraged Workers and Others Marginally Attached to the Labor Force Rise During Recession: This report addressed the long-standing issue of the importance of including discouraged and marginally attached workers in determining the real level of unemployment. www.bls.gov/opub/ils/pdf/opbils74.pdf
- BLS, Employment and Unemployment FAQs.www.bls.gov/cps/#faq
Key Economic Indicatorsas of September 7, 2012
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers was unchanged in July, as it was in June. The index for all items less food and energy rose 0.1 percent in July after increasing 0.2 percent in June.
Employment and Unemployment
Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, in professional and technical services, and in health care.
Real GDP
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.7 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent.
Federal Reserve
To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy. In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.
As the 2012-2013 school year started and the presidential election was just two months away, the "Misery Index" of the U.S..economy was 8.1. The Misery Index is a hybrid economic indicator, a combination of the unemployment rate and the rate of inflation. At the beginning of September, the unemployment rate was 8.1 percent, but the rate of inflation, measured by the CPI-U was zero. The "misery" in August was all unemployment - except, maybe, somewhat volatile gasoline prices.
The Misery Index has decreased from 9.4 at the same time in 2011 - a 0.3 percent higher CPI-U and 9.6 percent unemployment. The index had steadily decreased as unemployment has slowly decreased and inflation has been practically non-existent. Still, the index remains somewhat higher than the average over the past twenty years.
Thus, the common campaign question, "Are we better off than we were four years ago?"
The Misery Index was devised by Economist Arthur Okun, an advisor to President Johnson in the 1960s. The index is seen by many as a good measure of the health of the economy, combining two factors that impact people directly. The Misery Index is not "official" data, but it does reflect the BLS data in a larger sense.
The Misery Index reached a recent high of 21.98 in June, 1980, when the unemployment rate was 7.6 percent and the rate of inflation reached almost 14.4 percent. In contrast, the recent low was 5.74 in April, 1998, when the unemployment rate was 4.3 percent and inflation was just 1.44 percent.
[Teacher Note: Tell your students: If you look at the history of the Misery Index, you will see times when there was very high unemployment and low inflation, times when there was high inflation and low unemployment, and every other combination. Ask: Can you find a time when there was both high unemployment and high inflation - so-called "stagflation"? For more information and the history of the Misery Index, go to "The U.S.. Misery Index" website, URL: http://www.miseryindex.us .]
[Teacher Note: For a good lesson about the historical impact of economic conditions on presidential elections, see the Council for Economic Education's publication Focus: Understanding Economics in Civics and Government, lesson 8, "Economic Misery and Presidential Elections," Page 99.]
Following the Misery Index provides another way to look at the up and down cycles of the economy. Keeping the Misery Index in mind, take a look at the August, 2012, employment and unemployment data from the Bureau of Labor Statistics.
[Teacher Note: Students may have different opinions about the meaning of the Misery Index. Is it a good measure of the economy's well-being?]
The Employment Situation – August 2012
U.S.. Bureau of Labor Statistics
Released: September 7, 2012
"Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent. Employment increased in food services and drinking places, professional and technical services, and health care."
According to the BLS report, total employment increased by just 96,000 jobs, far fewer than the consensus that it takes an average monthly growth of 100,000 to 125,000 new jobs to keep up with normal population and labor force growth.
The report noted that, "The unemployment rate edged down in August to 8.1 percent. Since the beginning of this year, the rate has held in a narrow range of 8.1 to 8.3 percent. The number of unemployed persons, at 12.5 million, was little changed in August."
Who are the Unemployed?
According to the BLS definition, unemployed persons are, "Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed." (BLS Glossary URL: http://www.bls.gov/bls/glossary.htm )
Those under age 16, in school, incarcerated, or somehow institutionalized are not included in the labor force and, thus, are not eligible to be counted as unemployed or employed. To be counted, you have to have not worked during the week of the BLS survey and must have been looking for a job.
[Teacher Note: Ask: Why are those under 16, in school, incarcerated or institutionalized not counted as part of the labor force? They are usually not available to work full-time.]
What is the unemployment rate?
The unemployment rate is the number unemployed persons as a percent of the civilian labor force. For instance, if there are one million people in a nation's civilian labor force and 100,000 of them are unemployed, the nation's unemployment rate is 10 percent. 100,000 divided by 1,000,000 is .10 - expressed as 10 percent.
[Teacher Note: Given the appropriate data, students should be able to determine a nation's unemployment rate. Try these examples:
- Labor force: 125,000,000; Unemployed: 6,000,000. What is the unemployment rate? (4.8%)
- Labor force: 230,000,000; Unemployed: 18,500,000. What is the unemployment rate? (8.0%)
- Labor force: 82,600,000; Employed: 80,100,000. What is the unemployment rate? (Hint: if 80,100,000 are employed, then only 2,500,000 are unemployed) (3.0%)]
The U.S.. unemployment rate in August, 2012, was 8.1 percent. That is 0.2 percent point lower than the previous month of July, 2012. Figure 1, below, shows the recent history of the U.S.. unemployment rate since 1990. Note the periods of increases and decreases that generally correspond with the business cycles. The higher levels of unemployment beginning in December, 2007, and reaching over 10 percent in 2009, represent the most recent recession.
[Teacher Note: Help your students identify pattern of the "business cycles" in Figure 1. Remember, the business cycles consist of periods of growth, peak, decline and trough. You may see the patterns of the cycles in the employment and the real GDP growth figures in the EconEdLink lessons. For more about business cycles, go to the National Bureau of Economic Research (NBER) webpage: http://www.nber.org/cycles.html .]
Determining the U.S. Unemployment Rate, August, 2012
- Civilian Labor Force 154,645,000
- Employed 142,101,000
- Unemployed 12,544,000
12,544,000 divided by 154,645,000 equals 0.081 (8.1 percent)
The economy created far too few jobs in August, 2012, but the unemployment rate decreased. How can that happen? Determining the unemployment rate is more complicated than just counting the number of people who are unemployed.
250,000 fewer people were unemployed in August. 119,000 fewer people were employed in August. The labor force, employed plus unemployed, shrunk by 368,000 people. (The totals do not equal, due to rounding.) When the size of the labor force changes, it impacts the unemployment rate.
In this case, 368,000 people left the labor force - for a variety of reasons. The size of the population who are counted as "not in the labor force" increase by 581,000 in August.
Household Survey Data - Unemployment
As usual, the burden of unemployment was not evenly distributed among demographic groups or around the nation. Figure 2, below shows the unemployment rate by demographic group in August, 2012. If you look at the historical data, the relative pattern of unemployment rates for these demographic groups has remained somewhat constant over recent years.
[Teacher Note: The BLS provides an online tool to select specific employment and unemployment data, including historical unemployment rates by demographic group. URL: http://data.bls.gov/cgi-bin/surveymost?ln ]
Figure 3, below, shows the breakdown of the August, 2012, unemployment rates in the U.S. by educational attainment.
BLS data tells us that "education pays" in more than one way. Those with higher educational attainment typically earn higher incomes and they are less likely to be unemployed. For more information on the relationship between educational attainment, median income, and unemployment rates, see the BLS "Education Pays" webpage, http://www.bls.gov/emp/ep_chart_001.htm.
[Teacher Note: Ask: How does education pay? Students should explain the inverse relationship between level of education and unemployment rates. The higher the level of education, on average, the lower the unemployment rate.]
Who are the "employed"?
According to the BLS Glossary, employed persons are "persons 16 years and over in the civilian non-institutional population who, during the reference week, (a) did any work at all (at least 1 hour) as paid employees; worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family; and (b) all those who were not working but who had jobs or businesses from which they were temporarily absent because of vacation, illness, bad weather, childcare problems, maternity or paternity leave, labor-management dispute, job training, or other family or personal reasons, whether or not they were paid for the time off or were seeking other jobs."
Note: if you worked just one hour for pay during the survey week, you were "employed."
[Teacher Note: Ask your students: Is one hour of paid work in a week meaningful employment? Should someone who works for, say, just five hours in a week be counted as fully "employed"? What about a person who has given-up looking for a job? Is that person "unemployed." The BLS definition says no. What do you think?]
What is payroll employment?
"Employment is the total number of persons on establishment payrolls employed full or part time who received pay for any part of the pay period which includes the 12th day of the month. Temporary and intermittent employees are included, as are any workers who are on paid sick leave, on paid holiday, or who work during only part of the specified pay period. A striking worker who only works a small portion of the survey period, and is paid, would be included as employed under the CES definitions. Persons on the payroll of more than one establishment are counted in each establishment. Data exclude proprietors, self-employed, unpaid family or volunteer workers, farm workers, and domestic workers. Persons on layoff the entire pay period, on leave without pay, on strike for the entire period or who have not yet reported for work are not counted as employed. Government employment covers only civilian workers."
Counting the number of jobs, workers, or employment is sometimes difficult. Some people have multiple jobs. Some people are not legally working. Some people are not paid, but do contribute to the nation's output of goods and services. Why aren't the owners of small businesses counted in the number of employed?
[Teacher Note: Ask your students: What do you think is a good definition of "employment."]
Types of Unemployment - BLS Definitions
There are generally three types of unemployment typically identified by economists, each of which describes the particular circumstances of the individual and their employment situation.
Frictional unemployment is temporary unemployment arising from the normal job search process. Frictional unemployment helps the economy function more efficiently as it simply refers to those people who are seeking better or more convenient jobs and those who are graduating and just entering the job market. Some frictional unemployment will always exist in any economy.
Structural unemployment is the result of changes in the economy caused by technological progress and changes in the demand for goods and services. Structural changes eliminate some jobs in certain sectors of the economy and create new jobs in faster growing areas. Persons who are structurally unemployed do not have appropriate job skills and may face prolonged periods of unemployment, as they must often be retrained or relocate in order to find employment.
- Cyclical unemployment is unemployment caused by a drop in economic activity. This type of unemployment can hit many different industries and is caused by a general downturn in the business cycle. Lower demand for goods and services reduces the demand for workers. Much of the increase in unemployment in 2008 was cyclical as a result of the economic downturn and recession.
The BLS publishes monthly data on "Unemployed Persons by Reason for Unemployment" as part of the Employment Situation report (Table A-11). This data does not distinguish between the "types" of unemployment listed above. Take a look: http://www.bls.gov/news.release/empsit.t11.htm.
[Teacher Note: Students should be able to give example of individuals who are unemployed and determine their category. Students can write case studies about why someone is unemployed. Example: Mary lost her job in the steel mill when the production of steel moved to regions with lower wage rates. (structural unemployment)]
At the levels of unemployment that economists consider to be the lowest possible sustainable levels (discussed below), the only unemployment that exists is due to friction in labor markets and structural changes in the economy.
Full Employment
Economists define the approximate unemployment rate that is 'full employment'. If unemployment falls to a very low rate, there will be upward pressure on prices. If unemployment rises to a very high rate, there will downward pressure on prices or prices will remain steady. In the middle is a level, or more likely a range, where there is not pressure on wages to rise or fall. That is, generally, the full employment rate of unemployment.
Economists do not agree or know for certain what that rate is and it does change over time. A consensus estimate is that the full employment rate of unemployment is currently between 4.5 and 5.0 percent of the labor force being unemployed. Today, some economists suggest that, due to technology and business trends, the level of full employment has changed and the "natural rate of unemployment" may be somewhat higher. Evidence of this is that U.S. output has increased without a corresponding increase in employment.
Additional Unemployment Data - August 2012
The BLS also tracks the length of unemployment. In December, "In August, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 5.0 million. These individuals accounted for 40.0 percent of the unemployed." The average length of unemployment during this recession has been especially long.
The labor force participation rate is the percentage of the total civilian noninstitutionalized population who are in the labor force (employed plus unemployed.) In December, "Both the civilian labor force (154.6 million) and the labor force participation rate (63.5 percent) declined in August. The employment-population ratio, at 58.3 percent, was little changed."
The BLS tracks those who are not fully employed in several ways. "The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 8.0 million in August. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job."
"In August, 2.6 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (These data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey."
"Among the marginally attached, there were 844,000 discouraged workers in August, a decline of 133,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.7 million persons marginally attached to the labor force in August had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities."
Teacher Note: Ask: Is a discouraged worker unemployed? Not according to the BLS definition. What do your students think?]
Employment Data - August, 2012
"Total nonfarm payroll employment rose by 96,000 in August. Since the beginning of this year, employment growth has averaged 139,000 per month, compared with an average monthly gain of 153,000 in 2011. In August, employment rose in food services and drinking places, in professional and technical services, and in health care."
Employment by Industry Group
As usual, in August, there was job growth in some industries and lob losses in others. The monthly changes in selected major industry groups are listed in Figure 4, below. The biggest job gains were in education and health services, and leisure and hospitality. The largest job loss in August was in manufacturing.
[Teacher Note: Students can discuss which industries are important to their school's area. If manufacturing is a critical local industry, how has their region done in recent years as manufacturing employment has decreased?]
Workweek Data
The length of the average workweek or the amount that employees work overtime can be an indicator of economic growth or decline. As things get better, employers may choose to pay more overtime rather than fully commit to hiring more full-time workers. An increase in the average workweek is usually a positive sign. In August, the average workweek did not change.
In August, "The average workweek for all employees on private nonfarm payrolls was unchanged at 34.4 hours in August. The manufacturing workweek declined by 0.2 hour to 40.5 hours, and factory overtime was unchanged at 3.2 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours."
Average Hourly Earnings
"In August, average hourly earnings for all employees on private nonfarm payrolls edged down by 1 cent to $23.52. Over the past 12 months, average hourly earnings rose by 1.7 percent. In August, average hourly earnings of private-sector production and nonsupervisory employees edged down by 1 cent to $19.75."
Revisions of the June and July 2012 Employment Estimates
As is the usual practice, the BLS revised the employment data for the two most recent months, based on new or more complete. "The change in total nonfarm payroll employment for June was revised from +64,000 to +45,000, and the change for July was revised from +163,000 to +141,000." In this case, the employment figures for the past two months were revised downward.
[Teacher Note: For more information, see the BLS employment and unemployment FAQs. URL: http://www.bls.gov/dolfaq/blsfaqtoc.htm ]
[Teacher Note: Discussion Question: Between 2008 and 2011 federal laws extended eligibility for unemployment compensation for up to 99 weeks in states with persistently high unemployment rates. Some argue that longer eligibility for unemployment compensation may, in fact, discourage people from seriously seeking employment. Do you agree or disagree?]
What About Part-time Workers?
"The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 8.0 million in August. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job."
According to the BLS, part-time "refers to those who worked 1 to 34 hours during the survey reference week and excludes employed persons who were absent from their jobs for the entire week." These people are counted in the labor market as employed.
Some people work part-time for economic reasons, "those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand."
Some people worked part-time for noneconomic reasons, "such as "persons who usually work part time for noneconomic reasons such as childcare problems, family or personal obligations, school or training, retirement or Social Security limits on earnings, and other reasons."
Those Not in the Labor Force
In December, 2011, almost 89 million people in the United States were "not in the labor force," and not counted as employed or unemployed. Who were they?
The BLS explains: "Labor force measures are based on the civilian noninstitutional population 16 years old and over. Excluded are persons under 16 years of age, all persons confined to institutions such as nursing homes and prisons, and persons on active duty in the Armed Forces. As mentioned previously, the labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force." Many who are not in the labor force are going to school or are retired. Family responsibilities keep others out of the labor force."
- Those under age 16 are not in the labor force.
- Those who are retired and not working are not in the labor force.
- Those in the military are not in the labor force.
- Those who are institutionalized (incarceration or hospitalized) are not in the labor force.
- Those who have not sought work in 4 weeks are not in the labor force.
- Those who simply do not have to or want to work are not in the labor force.
Alternative Measurements of Unemployment
The BLS explains, "there is only one official definition of unemployment, and that is the one discussed above (in the lesson.) However, some have argued that this measure is too restricted, and that it does not adequately capture the breadth of labor market problems. For this reason, economists at BLS developed a set of alternative measures of labor underutilization . These measures are published every month in the Employment Situation news release. They range from a very limited measure that includes only those who have been unemployed (as officially defined) for 15 weeks or more to a very broad one that includes total unemployed (as officially defined), all persons marginally attached to the labor force, and all individuals employed part time for economic reasons."
- U-1 Persons unemployed 15 weeks or longer as a percent of the civilian labor force
- U-2 Job losers as a percent of the civilian labor force
- U-3 Unemployed persons 25 years and over as a percent of the civilian labor force 5.6 for persons 25
- years and over
- U-4 Unemployed full-time job seekers as a percent of the full-time civilian labor force
- U-5 Total unemployed as a percent of the civilian labor force (official unemployment rate)
- U-6 Total full-time job seekers plus 1/2 part-time job seekers plus 1/2 total on part-time for economic reasons as a percent of the civilian labor force less 1/2 of the part-time labor force
- U-7 Total full-time job seekers plus 1/2 part-time job seekers plus 1/2 total on part-time for economic reasons plus discouraged workers as a percent of the civilian labor force plus discouraged workers less ½ of the part-time labor force
[Teacher Note: Ask: Which of these do you think is the most meaningful measurement of unemployment in the economy?]
Short Answer Questions
1. How is the unemployment rate determined?
[The number of unemployed persons divided by the labor force expressed as a percentage equals the unemployment rate.]
2. What is a "marginally attached" worker?
[Marginally attached workers are persons "not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached."]
In August, 2012, over 12.5 million people were unemployed in the United States. Unemployment remains the critical issue in the economy, as inflation is not a serious threat in the short term.
The question remains: Are we better off than we were four years ago?
In August, 2008, total employment in the U.S.. was 145.2 million and the number of unemployed was 9.5 million. It seems like things were much better in 2008.
But, by August of 2009, the number of employed had dropped to 139.5 million and the number of unemployed had increased to almost 14.9 million. The impact of the recession that began in 2008 had reached its peak.
Or, is the election question: Are we better off than we were three years ago?
Listen carefully to the presidential candidates. How will they interpret (spin?) the employment and unemployment numbers?
Youth Employment and Unemployment - Summer 2012
On August 21, 2012, the BLS released data concerning youth employment and unemployment during the late Spring and Summer of 2012. Take a look at this data and compare it to your experiences and those of your friends.
Bureau of Labor Statistics
Released: August 21, 2012
"From April to July 2012, the number of employed youth 16 to 24 years old rose 2.1 million to 19.5 million, the U.S. Bureau of Labor Statistics reported today. This year, the share of young people employed in July was 50.2 percent. (The month of July typically is the summertime peak in youth employment.) Unemployment among youth increased by 836,000 from April to July 2012, compared with an increase of 745,000 for the same period in 2011."
Youth Labor force
"The youth labor force--16- to 24-year-olds working or actively looking for work-- grows sharply between April and July each year. During these months, large numbers of high school and college students search for or take summer jobs, and many graduates enter the labor market to look for or begin permanent employment. This summer, the youth labor force grew by 2.9 million, or 14.2 percent, to a total of 23.5 million in July."
"The labor force participation rate for all youth--the proportion of the population 16 to 24 years old working or looking for work--was 60.5 percent in July, up from July 2011. Taking a longer-term perspective, the July 2012 participation rate was 17.0 percentage points below the peak rate for that month in 1989.
For the full BLS report on youth employment, go to:http://www.bls.gov/news.release/youth.nr0.htm
- What was the job market like in your area in the Spring and Summer of 2012?
Did you look for a Summer job? What was your experience?


text:
Ship Date: Fall 2000
EA SPORTS presents its first original PlayStation 2 console title,
SSX. Based on the new extreme sport Boardercross, SSX combines high-speed
snowboard racing with insane big air tricks on what is best described
as an exaggerated snow covered motocross track. In this knock out style
of competition, resplendent with jumps, steep turns, tunnels, and hidden
shortcut sections, six racers soar down the hill, but only the first
one down wins.
Three different gameplay modes will allow riders to test their skills
in a variety of exciting boarding events. Feel like brushing up on some
tricks and generally goofing off? Freeride is the way to go. Does a
quick competition sound good? Single Event is the answer. World Circuit
is the season long fight to the finish. Riders must progress through
an array of different events, ultimately leading up to the Championship
Invitational Event.
Seven different SSX courses that stretch the barriers of reality will
provide a wide-array of challenges for the beginner to expert boarder.
Want to burn down an iceberg in the South Pacific? SSX offers the "Aloha
Ice Jam" venue, which is just that: an iceberg towed into an island
port for the purpose of being carved up by snowboards. What about tearing
it up on a virtual pinball machine-type mountain? SSX has that too in
the "Tokyo Megaplex," where boarders must maneuver through moving ramps,
flippers, opening and closing doors, all set in an exaggerated version
of Japan's indoor snowboard and skiing parks.
In order to participate in any of this mind-boggling action, the player
must first choose one of the four International racers to strap onto
the board and do their bidding down the mountain. Each character is
completely unique, with its own specialties. Pull tricks and big air
to fill your Adrenaline Bar, but be careful not to let it run out, or
you will likely be found facedown in the snow and out of the race.
Matching the fast paced action of SSX is the game's soundtrack. Mix
Master Mike of the Beastie Boys and Rahzel of the Roots recorded the
game's theme song in their first joint recording at EAC's state-of-the-art
recording studio. One key element of the sound track is variety. No
longer will players have to listen to the same music over and over again.
The soundtrack in SSX is totally interactive with the gameplay. As a
rider pulls off one big trick after another the pace of the music will
keep up, providing an original musical score every time.
Developed by Electronic Arts Canada, SSX will be released in the United
States and Canada in conjunction with the North American launch of Sony's
highly anticipated PlayStation 2 console.


text:
After a miscarriage, it becomes very difficult for taking the decision of other pregnancy. Women become depressed because of miscarriage. She needs proper care and attention from her husband. There is no doubt that woman want to take another chance after a miscarriage. But you should wait until you are not physically fit for carrying another pregnancy. You should consult with doctor about the right time of getting pregnant. You should also prepare yourself emotionally. Stress can have adverse affects on your child.
Edited by user Thursday, August 29, 2013 9:32:20 PM(UTC)
| Reason: Not specified


text:
The University Program Board holds their Committee Meetings every Tuesday night at 9:30pm in Student Center room 301. If you would like to be part of UPB please come and join us, we love to have new people. If you would like to learn more before you come to the meetings please call 765-285-1031 or email firstname.lastname@example.com.
UPB is a fun and exciting group that plans over 70 events every year. If you are looking to get event planning experience, leadership experience or just looking to have fun we are the group for you. We would love to see you this Tuesday at 9:30 in Student Center room 301.
Copyright © 2017 Ball State University 2000 W. University Ave. Muncie, IN 47306
800-382-8540 and 765-289-1241


text: Not going to kill you and respect your opinion but never had the thought in the past of preferring Romo over Eli much less in the present time. We could get in talking and debating a lot of issues from contract deals, stats, wins and more but IMO to yours truly it useless. To me ELI. AS IT ! Period ! Tony Oh No doesn't has it and never will and this kills a lot of Cowpies fans, ex boys players, media lovers and of course Jerry Jones.


text:
Different arrays of farts with distinct sounds released while in the toilet (or any place). For example, the ass releases a sifting sound while the poop rushes down into the toilet water. Now the people listening from outside - either someone curious or someone waiting - will recognize it as a toilet tune. Some freaks will even record the fart sound and put it on their ring tone. Some legal issues have been filed due to lacking permission for using the sound without consent.
by Chief Rocka Kaka June 08, 2007


text:
The Miller College of Business may be on the Ball State campus, but we can succeed in our mission only if we maintain strong ties off campus. Our centers share expertise and serve businesses and communities across Indiana and elsewhere and help students make valuable real-world connections.
Copyright © 2017 Ball State University 2000 W. University Ave. Muncie, IN 47306
800-382-8540 and 765-289-1241


text: Here is my project.Its an 88 Burb with a reman 6.5.Solid metal,no rot whatsoever.Has some flash rust on the bare metal that I am getting to this weekend.Motor is strong it only has 46k on it.Nice 8k warn winch,4 inch lift,new radiator,belts hoses,lift pump,glow plugs and controller,starter,fuel water sep. Nice interior with standard dash crack and original cloth seats,no rips.Power windows and locks all work too!Time to get sanding and priming.:happy:http://photobucket.com/thebeast88burb Hope this link works.My first time w/photobucket. ---------- Post added at 06:26 PM ---------- Previous post was at 06:24 PM ---------- Roof rack off,rain gutters need a 3/16 open end. No one has it. I`ll try sears tomorrow.


text:
Prime location - Bairro Alto 1B
숙박 가능인원2
침실 수1
면적50 m²
Floor No.1
- 수건
- 인터넷
- 부엌
- 발코니/테라스
- 식기 세척기
Accommodation summary
|Travessa dos Inglesinhos, 1200 Lisbon, 포르투갈
|Acceptance rate
|Response time
|A few hours
|Calendar updated
This is a modern and cozy apartment, full of character and light, set on the first floor (Drto) of an ancient typical Lisbon building in the trendy and vibrant Bairro Alto, known as one of the most attractive and picturesque areas of the Lisbon's city center. This apartment is part of a group of 7 apartments that we have in this building.
The apartment has one bedroom with a double bed, and a double sofa bed in the living room, a nice bathroom, fully equipped kitchen, ready to cook home made meals. Towels and linens at your disposal are included in the price and satelite Tv and wireless internet as well.
To set forth on a discovery of Lisbon, there is no better place to begin: the tram a few steps away, international brand shops at Chiado and the more daring fashions in Bairro Alto, where you also have the trendiest restaurants of Lisbon. Bica neighbourhood, close by, is becoming a night haven for artists and intellectuals. But this does not destroy the calm and charm of Rua das Chagas. For theatre and opera lovers there are three theatre houses at a five minute distance, S. Carlos, S. Luiz and Trindade Theatres.
Chiado is where Lisbon's history and urbanity meet. This tourist area of the capital begins at the Brasileira café, on Rua Garrett. Opened in 1905. It´s one of Lisbon's postcards. On the side walk café you will find the different urban tribes and a statue of poet Fernando Pessoa, who offers his lap for tourist photos.
Next to it, two churches remind the vanished towers of Santa Catarina Gate. The Church of Loreto, built in 1528 by Italians living in Lisbon, was partially destroyed by the 1755 earthquake, but later rebuilt and one of the places to visit on Chiado. The Church of Encarnação, inaugurated in 1708, was also hit in 1755 and rebuilt later. But Chiado has more than just two churches to see.
Luís de Camões square, which any Lisboner will call Largo Camões, is not just a passing place. Sit on the steps of the poet's monument and enjoy the bustle that Chiado has.
But do not leave Chiado without inquiring about the theatres. São Luiz Municipal Theatre was one of Lisbon's first cinemas. Today it is a municipal theatre with a rich and varied programming. Also glimpse the Teatro Trindade and the S. Carlos Opera House.
This is one of the city´s best shopping areas. You will find international brand shops (Hermès and Hugo Boss, for example) and great Portuguese designers like José António Tenente (Tv. Carmo, 8) StoryTailors (Cç. Do Ferragial, 8) or Atelier Alves/Gonçalves (Tv. Guilherme Cossul, 16).
It is not difficult to come across public figures, mainly artists. There are several art schools in the area, like the Fine Arts Faculty. Even if you are not an expert, venture into the Chiado Museum - National Museum of Contemporary Art (Rua Serpa Pinto, 4) besides well-cared exhibitions, it has a pleasant patio to have lunch or simply sip a coffee. There is also a big offer for meals: Café Royale, New Wok and Kaffee Hause are excellent choices.
Walk the streets with care, the movement on the sidewalks is always heavy and the trams are constantly passing.
You are in Lisbon. And Lisbon never stops
숙소규정-Check-in is after 17:00 p.m.
-You should leave the apartment until 12:00 in the morning.
-We will provide you with our contact details after your reservation is confirmed.
- The codes to enter at the apartment will be provided 3 days before your arrival.
-The apartment will be ready and cleaned for you before your arrival. Fresh towels and bed clothing are also provided and all is included in the total price. You will be given a set of towels per person.
-Cleaning: On departure
Please note that from the 1st of January 2016 a city tax of EUR 1 per person, per night is not included in the total price and should be paid on site. This tax is charged to guests aged 13 and older. It is subject to a maximum amount of EUR 7 per guest.
|Check-in before
|환불 규정
We had a great time in a very nice, clean and renovated apartment in a lively neighborhood. Everything we needed was in the apartment and we had good communication with Margarida. The only minor thing: the noise of the street at night. So if you are not used to that, make sure to have some earplugs with you.
이 호스트의 또 다른 숙소후기
We had a wonderful time in this little appartement in Lisboa! Everything was clean and cozy! The appartement is directly in the Barrio Alto so we could do everything by foot. We also cooked two times in the kitchen and had super nice evenings in the appartement with the two little "balconys"! We can definitely recommend this place!
Clara, Lena, Theresa, Laura
The Apartment is prefectly located, clean and has everything you Need. Filipe and his Team Are very friendly and helpfull. He also allowed us to Check out two Hours later, which was very kind. I highly recommend the Stay there.
We spent some days in the studio and really enjoyed the nice view of the kitchen-window. It is no worth cooking in the apartment as going out for lunch is really cheap and the kitchen is just equipped to prepare a quick sandwich or pasta, not a hole meal. Clean bathroom and rooms, only the bed is, in my opinion, very uncomfortable and not like written "getting out of the bed will be difficult" in a positive sense. Communication with the host was very easy, friendly and cooperative!!
For the last days we had to move to another apartment as they started with some demolition works next door. But this may occur at any place and WIMDU really did a good job to solve this problem. Thanks a lot for this!
Nice apartment and very friendly and helpful hosts. Only we were missing a wardrobe or some shelfs to store our cloths. The area was perfect to start exploring Lisbon. At night a bit loud.
nice location, everything was fine. thanks to some frensh party people was noisy that days. bathroom is very small and on suite!! was clean but somehow very used. maybe you like to bring your own pillow.
It is a spacious, clean and well located (short walk to Bairro Alto, Viewpoint, Rossio, etc.) ikea flat. Marisa estimated our arrival time pretty right, so the check-in went smoothly and on top we got a lot of good advice what to do, see and how to get around! :) If you plan on cooking in the flat you might bring your own salt and pepper from home, if you don't want to buy it. All the kitchen supplies are available but there is nothing like salt, tea or coffee.
The bed is comfortable. Not sure about the couch, if you are more than tweo people, but it will work for a few days I guess. If you have a light sleep you better bring earplugs (it's a quiet neighbourhood and not loud at all, but if there's noise outside you can hear it).
I can definitely recommend the flat as homebase for a short trip to Lisbon and the Short Stay Flat team and service is wonderful! :)
The apartment is on the 2nd floor and located well where the restaurants as well as best ice cream parlour is. You need to be relatively fit to stay in this neighbourhood as there are a lot of steep gradients!
The apartment itself is ok we paid around £50 a night and for this price I was expecting more. The kitchen itself looks very nice however it was not well equipped with basic items such as bowls, salt and pepper, sugar not provided. This is a must as we had to then purchase from new even when staying just for three nights. The apartment bathroom needs toilet roll holder, there was some mould, also needs a place where you can place where you can put shampoo, soap etc. No toiletries are provided.
We did not manage to get the TV working but that was not the end of the world as we were on holiday - a message in portugese was mentioned on the screen which we couldn't understand and unfortunately was not fixed whilst on our stay. We were also charged 8 euros for the 3 nights and I have just realised now that it should have been 6 according to the description. A light was not working in the apartment as well.
Overall its an OK place to stay given the price maybe we have too much of a high expectation having stayed in 5 different countries with Wimdu. Some small improvements will go a big way.
It is a nice apartment in the bar district bairro alto. Eventough there are a lot of people outside, there is not much noise. the kitchen is small and was very uncleaned (garbage hasn't been put away, fridge wasn't cleaned, teakettle had still water inside). The apartment has an ugly oldish smell. But the location is very central and the arrangement with the code instead of a key to the apartment is very smart.
The Flat is very nice,confortable and very close to city center and metro station.All around there are a lot of nice restaurantes.
If i will come back to Lisboa i will choose margarida's flat for sure.
- 확인된 숙소의 품질
- 모든 호스트는 전화로 입증되었습니다.


text:
Find more articles on Ground Fault
Most power quality problems are due to incorrect connections of an electrical system. Using CTs and leakage current monitors, you can check an electrical system during acceptance testing of the installation and also during maintenance and renovation of the system. Watch out for partial or complete short circuits between neutrals and your grounding network. They'll often create power quality disturbances


text:
GIBSON, Sandra R.(Williamson)
Passed away on Friday, November 9th 2012 at her home surrounded by peace and love. A quiet tribute will be held at the Gardiner Museum at 111 Queen's Park in Toronto on Wednesday, November 21st at 11 in the morning. In lieu of flowers, please consider a donation to Princess Margaret Hospital in her name.
Tuesday November 20, 2012
© Copyright 2016 The Globe and Mail Inc. All Rights Reserved.
The Globe and Mail, 444 Front St. W., Toronto, ON Canada M5V 2S9
Phillip Crawley, Publisher


text:
Town Square
The Buffett Rule
Original post made by Double D, Atherton: Lindenwood, on Apr 9, 2012
Let's take a look at one opinion, from a well known politician, commenting on a letter he received from a highly paid executive;
"He wrote me in support of the tax plan, because he said, 'I am legally able to take advantage of the present tax code, nothing dishonest, doing what the law prescribes, and wind up paying a smaller […] tax than my secretary pays.' And he wrote me the letter to tell me he'd like to come to Washington and testify before Congress as to how that's possible for him to do and why it is wrong."
Which Socialist President said it? Here he is, reading off his Teleprompter: Web Link
Americans have supported a progressive tax system since 1912, in the 16th amendment. All the great Presidents have also supported it. It has worked to make America great, and it's inherent fairness still works.
a resident of Atherton: Lloyden Park
on Apr 10, 2012 at 10:33 am
-BREAKING -President Obama supports the Socialist President who favors the Buffett Rule
Web Link? v=PvcarAqryIY&feature=player_embedded#!
Nation asks: "Will GOP candidate Romney, who pays <14% tax rate on $40 million income, join Socialists Hoover, Ike, Nixon, Reagan, Obama in Solidarity?"
Reporter asks: " Why not call it the Romney Rule?"
a resident of Atherton: Lloyden Park
on Apr 10, 2012 at 2:06 pm
Republican budget (the Romney-Ryan budget) would cut the corporate tax rate from 35 percent to 25 percent.
-BREAKING - Thirty Fortune 500 companies paid no net federal income tax from 2008 through 2010 -Costs working families $78.3 billion
Web Link 2012/04/big_no-tax_corps_just_ keep_on_dodging.php
Nations asks: "Mitt, why cut corporate tax rates when none pay those tax rates anyway?"
a resident of another community
on Apr 10, 2012 at 5:33 pm
breaking - best candidate remaining calls it quits
Senator Santorum gives up. Think he'll have the nerve to ask for our support in 2016 after showing he's a quitter?
Double D - you are taking the comments of one of our greatest presidents out of context. Ronald Reagan was not a socialist.
a resident of Woodside: other
on Apr 10, 2012 at 7:12 pm
Yes, from Wikipedia - so feel free to take your shots at this reference even though it is fully sourced to the Department of Treasury and the Bureau of Labor Statistics. Remember, if you can't refute the message, attack the messenger.
...President John Kennedy called for a reduction of the top income tax rate from 91% to 65%, reduction of the bottom rate from 20% to 14%, and a reduction in the corporate tax rate from 52% to 47%. The stated goal of the tax cuts were to raise personal incomes, increase consumption, and increase capital investments. Evidence shows that these goals were met to some degree by the tax cut. Unemployment fell from 5.2% in 1964 to 4.5% in 1965, and fell to 3.8% in 1966. INITIAL ESTIMATES PREDICTED A LOSS OF REVENUE AS A RESULT OF THE TAX CUTS, HOWEVER, TAX REVENUES INCREASED IN 1964 AND 1965...
Of course, increasing tax revenues does not mean that we avoided deficits because Congress still spent a lot more than they took in. Sound familiar?
Cutting tax rates COUPLED WITH ELIMINATING TAX LOOP HOLES - that nasty detail that disingenuous partisans conveniently forget - is something that many of us would like to see. Wouldn't it be nice to eliminate all of those subsidies everyone (including our President) seems to complain about?
This plan was actually proposed by a majority of the Simpson-Bowles Commission. Too bad that everyone, including the President that appointed this commission, has ignored them.
a resident of Menlo Park: other
on Apr 10, 2012 at 8:11 pm
of course everyone ignored Simpson Boles. It was non-partisan and as such gored everyone's ox. God forbid in our partisan paralysed politics we adopt a bi-partisan or non-partisan solution to our problems. No. It's all about political posturing and maneuvering. It's disgusting. Super Pac money has only made it worse and will continue to make it even worse. We could solve our problems by adopting Simpson Boles, but no, it will never happen. It would be in the best interest of the country, but not in the best interst of the craven politicians that the sheeple have elected to screw them. I'm sick of it and I have no hope that it will ever change. Especially when the supreme court says corporations are "people." What nonsense!
a resident of Woodside: other
on Apr 10, 2012 at 9:00 pm
Don't forget that Citizens United gave Unions "personhood," too. And they are the biggest source of political money... by far.
Personally, I have no issue with money in politics, provided it is transparent and disclosed. People are complaining that Rove's Super Pac will have $200 million to spend to help Romney. But keep in mind that President Obama's own team announced (somewhat prematurely it turns out) that they had a target of $1 BILLION for their campaign war chest.
a resident of another community
on Apr 10, 2012 at 9:19 pm
Kennedy's tax cuts did indeed close many loopholes from the heyday of Tax Shelters.
Few tax increases or cuts since have closed more loopholes than they have opened.
a resident of Woodside: other
on Apr 10, 2012 at 9:35 pm
Jeanette -
Good post and you are quite correct. Tax reform has become a euphemism for more loopholes.
But Simpson-Bowles actually eliminated almost all deductions, subsidies and loopholes in exchange for a simplified tax structure.
In addition to elimination subsidies for big oil, big banks, etc., I think they should also have eliminated our subsidies - the mortgage interest deduction which discriminates against renters (ironically, the more economically disadvantaged), the child deduction which discriminates against people without kids (ironically, they should probably be rewarded!), charitable deductions (is it really charity if it reduces your taxes?), and non-taxed, employer paid insurance premiums which discriminate against the self-employed.
Think about how easy it would be to fill out your tax return...
a resident of another community
on Apr 10, 2012 at 9:45 pm
Obama's 'Grand Bargain' was the closest thing to the SB Commission plan, with $4 Trillion in cuts, yet Speaker Boehner rejected it outright. SB would never get the votes, either.
The thread is about the Buffett Rule. I support it if they also cut spending.
a resident of Menlo Park: Sharon Heights
on Apr 11, 2012 at 7:31 am
U.S. Senator Chris Coons(D DE) offers an interesting perspective on the Buffett Rule regarding a carveout for small business which merits consideration.
Please read
Web Link
a resident of Menlo Park: Central Menlo Park
on Apr 11, 2012 at 12:03 pm
Hank -
Thanks for the link. Senator Coons has a good suggestion to support small business should be debated along with the rest of Obama's proposal to make taxes fairer. I'm just concerned that the Fortune 500 companies will figure out a way to define themselves as "small businesses" to get under the fence.
It's interesting, though not surprising, that Senate Minority Leader Mitch McConnell would be against it - even though other Republican presidents from Hoover to Reagan were in favor. If it passes, it's a win for Obama and McConnell's overriding goal is to defeat Obama. Nothing that will improve Obama's chances will be allowed to pass the Senate, regardless of how beneficial it will be for the country & regardless of the poll numbers that show the vast number of Americans support it.
a resident of Menlo Park: University Heights
on Apr 11, 2012 at 1:48 pm
To clarify, from the Washington Post:
The "Paying a Fair Share Act" doesn't mean someone making $1,500,000 will pay at least the same percentage of his income in taxes as the average middle-class family. It means he would pay a somewhat higher marginal rate on the income he earns over $1 million — in this case, on the excess $500,000.
Moreover, that higher marginal rate would only reach 30 percent on income over $2 million. Between $1 million and $2 million, the Buffett rule phases in so as to avoid a sharp "tax cliff" at the million-dollar mark.
a resident of Woodside: other
on Apr 11, 2012 at 2:14 pm
The top 10% with an AGI of $112,000 a year or more pay more than 70% of federal income taxes. The bottom 50% with an AGI of $33,000 a year or less, pay zero federal income taxes.
I agree. That doesn't seem fair at all.
a resident of Atherton: Lindenwood
on Apr 11, 2012 at 2:56 pm
It doesn't seem fair to you? Do you favor a flat tax or a progressive tax structure? Americans have had a progressive structure for a century and most view it fairly.
Why not go a lot further - "Top 1% Paid More in Federal Income Taxes Than Bottom 95% in 2007". Add in capital gains, since most of those gains goes to the top couple percent anyway, and the numbers skew more.
Frequently, those citing the Heritage numbers leave out a relevant point - how much of the total income that slice is accounting for.
"The top 1 percent of taxpayers paid 40.42 percent of total federal income taxes in 2007" because that 1% makes about 25% of all income that year.
Capital gains would also skew that figure up as well.
The question comes up ofter: how often in the last century have the wealthiest Americans paid a lower tax rate than today's rate? About 5 out of the last 100 years. Taxes for the wealthiest are about as low as they've ever been in our lifetimes. Web Link
Pogo, please continue to share your views, in these times of historically low tax rates on the wealthiest Americans:
- flat tax, or progressive tax?
- should Buffett pay a lower tax rate on millions of income and gains than his secretary pays on her wages?
- Should Mitt Romney's $40 million in income be taxed at 13.9%, far below the tax rate a cop or a plumber pays on their wages?
- if elected, should Mitt Romney cut his income tax rates even lower, as per the Paul Ryan plan that Mitt enthusiastically supports? (for obvious reasons)
a resident of Woodside: other
on Apr 11, 2012 at 3:22 pm
I can answer all of your questions with two words. Simpson-Bowles.
I heartily endorse this commission's proposals which garnered "only" 11 of 18 members - so it wasn't officially adopted. Too bad they have been ignored by the President that appointed them as well as the House and Senate. Shameful that they did so much work to no avail. Perhaps we should appoint another commission (that's already been proposed...).
Progressive - yes. But eliminate ALL tax loopholes, subsidies and deductions. Yes, I said ALL - oil, gas, real estate, home interest, children, charities, employer health insurance premiums. ALL.
Regarding Buffett's taxes, he receives DIVIDENDS which are taxed for him at a 15% rate. But Buffett's dividends are paid out of PROFITS in his companies which are already taxed at 30%. If he owns half of a company, he has paid half of their taxes. And now that Japan has lowered their corporate tax rate, we proudly sport the highest rate in the world. And before you tell me about all the corporations that pay no taxes, please re-read the prior paragraph. I said NO deductions or subsidies.
Your question about Mitt Romney is a reprise of the Buffett question. But I will say that even the most optimistic projections say the Buffett rule will produce about $5 billion a year... about equal to the amount we borrow every single day. Not only is it not a panacea, it's a joke. That's not the kind of reform I can believe in.
And I disagree with our President. Taxes aren't about "fairness." Taxes are about revenues and paying for our government. I believe everyone should have skin in the game. That's why your health insurance makes you pay a small co-payment everytime you go to the doctor. If they didn't have that, you would have no incentive to limit your trips to the doctor. So it is with taxes. I think everyone should pay something - even if it's $25 a year. As our Vice President says, "it's patriotic."
I have no comment on Paul Ryan's tax proposal. As I said, I endorse Simpson-Bowles without equivocation.
Clear enough?
a resident of Atherton: Lindenwood
on Apr 11, 2012 at 4:36 pm
Clear enough? Yes.
You do not favor any incremental changes - you seek a plan that did not pass the commission that created the plan, and has zero chance of passing the House.
Quite clear.
Makes it pretty easy that way. No need to look at any other tax plans. No need to look at Obama's version of Simpson-Bowles, the so called $4T Grand Bargain Jeanette mentioned, just blame Obama for not adopting a plan that failed to get adopted by its creators.
Clear enough? Yes. $5 billion here, $5 billion there.....
a resident of Woodside: other
on Apr 11, 2012 at 9:06 pm
Hey, Double D - you asked, I answered (pretty unusual for this website). A simple thank you would have been sufficient.
President Obama's plan which you embrace also has no chance in the House and probably has no chance in the Senate because of swing state Democratic Senators up for re-election this year. But unlike President Obama's "Grand Bargain" plan which you are so fond of (and no detail was ever provided for that plan) nor Representative Ryan's plan (also with no detail), Simpson-Bowles - which President Obama IGNORED and failed to ask for a "thumbs up/thumbs down" vote in Congress - had BIPARTISAN support. Getting 11 of 18 votes in the Committee was pretty impressive by any measure. Unfortunately, the committee's rules made it nearly impossible to get a formal approval. That said, both Simpson (R) and Bowles (D) have endorsed it. Find that in any other plan.
And I don't pick my philosophical choices because they can be passed by the House or Senate. Houses and Senates change. But you asked and I answered.
Remember, President Obama's budget hasn't received a single "yes" vote from any Republican or Democrat in the House or Senate in two years. And it only takes 51 votes in the Senate to pass a budget resolution.
In the meantime, Nero is fiddling.
a resident of another community
on Apr 12, 2012 at 11:57 am
This is my favorite Buffett Rule
Web Link
Come down and party
Web Link
a resident of Menlo Park: Central Menlo Park
on Apr 13, 2012 at 12:11 pm
Rather than dance on the heads of millionaires' pins, the following better sums up the global view, to my way of thinking:
Web Link
a resident of Atherton: Lindenwood
on Apr 14, 2012 at 9:44 am
Romney wants a $5 trillion tax cut for millionaires over ten years, the Buffett Rule would raise $50 billion over ten years.
Of the two, I'll take Nero and his fiddle. You may hold out for your version of perfection if you like.
Meanwhile, in the real world....
"NEW YORK (CNNMoney) -- Move over Warren Buffett. The White House said Friday that President Obama has a lower effective tax rate than his secretary.
"The president's secretary pays a slightly higher rate this year than the president on her substantially lower income," White House spokeswoman Amy Brundage told CNNMoney.
The president's secretary is Anita J. Breckenridge, and according to White House disclosure forms, the "personal aide to the president" earns $95,000 a year. Brundage declined to say exactly what tax rate Breckenridge paid."
The Reagan, Buffett, Obama team. Or trillions more in tax cuts to millionaires.
a resident of Woodside: other
on Apr 14, 2012 at 11:58 am
Perhaps this is why Mr. Buffett has such a low tax rate:
Web Link
Turns out he doesn't pay the taxes he does owe. No real surprise...
The hypocrisy is truly amazing.
a resident of Atherton: Lindenwood
on Apr 18, 2012 at 10:00 am
The Buffett Rule passed the Senate yesterday with 51 votes.
Republicans filibustered on behalf of millionaires and billionaires who will return the favor with large donations before the elections this year.
On the other side of the halls of Congress, the House announced that they will pay for more tax cuts for millionaires and billionaires by slashing food stamps.
Web Link
Who's on the right side of this 'give money to billionaires while slashing food stamps' strategy?
Let's ask Americans!
"Would you favor or oppose a proposal to change the federal income tax rates so that people who make more than one million dollars a year will pay at least 30 percent of their income in taxes? April 13-15 2012
Favor 72%
Oppose 27%
No opinion 1%"
Web Link
a resident of Woodside: other
on Apr 18, 2012 at 10:27 am
Here's a poll question for you:
How many Americans favor nationalizing all the money and investments from Arab and middle east oil producing states that are currently in US banks and using it to pay down our debt? How about a 100% tax on oil or insurance company profits?
Just because it may be popular doesn't make it right.
a resident of Menlo Park: Central Menlo Park
on Apr 18, 2012 at 1:16 pm
I imagine most of the 72% who favor the Buffett Rule do so because they believe that it makes for a fairer tax system. Fairness is a good thing wouldn't you agree? What's wrong with making our tax system fairer?
a resident of Atherton: Lindenwood
on Apr 18, 2012 at 2:12 pm
Steve - the libertarians and so-called fiscal conservatives won't actively recognize that millionaires and billionaires are paying some of lowest tax rates under Obama than they have anytime in the last five decades.
Want to hear crickets? Ask them under which president have they paid significantly lower tax rates than today.
Then they scream 'fairness' and 'class warfare' when most of us recognize and support a return to sane budgeting policies of the 90's. Create jobs and then balance the budget by returning to Clinton era tax rates and spending.
Americans support it.
It cost a lot of money in bribes, ummm, I mean 'contributions' to keep Republicans in office to filibuster simple steps forward like the Buffett Rule, returning rates to near Clinton era rates for millionaires and billionaires.
Pogo wants you to think that since 72% support might be wrong in some extreme example of his, that this rule is wrong.
It's not.
It's a sane step back towards fiscal sanity....even if it isn't his version of a panacea - the failed-to-reach-consensus-by-it's-own-rules Simpson Bowles Commission, therefore not voted on by either Dems or the GOP.
a resident of Woodside: other
on Apr 18, 2012 at 4:40 pm
Actually, Steve, fairness is NOT the primary objective of our tax system.
The primary objective of our tax system is to fund our government. One could easily argue that "users" should fund their own projects. You are already seeing this in parks where people visiting the park fund it through fees - which is increasingly augmenting taxes as a major funding vehicle.
But with regard to fairness, it has frequently been pointed out that the top 10% of taxpayers (and that would include those "millionaires and billionaires" who earning $112,000) already bear more than 70% of the tax burden. About half of all wage earners pay zero taxes. Are either of those conditions fair?
With regard to the Buffet Rule, let's remember that Mr. Buffet chose to take a low salary (as do many of the ultra rich) just to shift their income to capital gains and dividends. A replacement CEO for Berkshire Hathaway would surely be paid a salary of several million dollars and pay something closer to that 30% in income tax that you and the President seem to target.
A final point. I'm betting that you realize that dividends are paid from AFTER-TAX corporate profits. Mr. Buffet's dividends have already been taxed - BRK paid a full 30% in corporate income tax in 2011 - and he paid ANOTHER 15% of those dividends. So BRK's profits were taxed at 45% before the first penny landed in Mr. Buffet's bank account. That's the reality... not the rhetoric.
That's not unique to BRK. It works EXACTLY the same for every business that's a "C Corporation" whether they are a dry cleaner, a lumber store, a jewelry company or a restaurant.
a resident of Menlo Park: Allied Arts/Stanford Park
on Apr 18, 2012 at 5:04 pm
The issue is not whether millionaires pay taxes, but what we need in public funding to succeed in an increasingly competitive world. We must care for each other. That ethic, noblesse oblige, has been lost.
As Elizabeth Warren puts it: "You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did."
"Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along."
Those next kids in California, and many of them are in school right now, are getting a very, very raw deal compared to the children of the wealthy. The wealthy once paid more and we had a healthy middle class and a healthy society. The wealthy have to return to those obligations that have been swept under the carpet via the rubric of "what's mine is mine" as articulated by Ronald Reagan.
a resident of Woodside: other
on Apr 18, 2012 at 8:43 pm
I've previously read Ms. Warren't comment. I've run several factories in my career and I'd like to address her outrageous statement. My comments are CAPITALIZED.
"You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for [YOU PAID FOR THEM BECAUSE YOU USE THEM TOO. BUT YOUR COMMENT IS MISLEADING BECAUSE I PAID FOR THOSE ROADS TOO. I PAID HIGHWAY TAXES AND MY TRUCKS PAID A SMALL FORTUNE IN ROAD FEES AND SPECIAL TOLLS]; you hired workers the rest of us paid to educate ["THE REST OF US PAID"? HEY, I PAID THOSE TAXES TOO - LOTS OF THEM! BUT YOU FAIL TO MENTION THAT STUDENT WITH THEIR NEWLY MINTED DIPLOMAS OFTEN HAD READING, WRITING AND MATH SKILLS APPROPRIATE FOR THIRD GRADE]; you were safe in your factory because of police forces and fire forces that the rest of us paid for ["THE REST OF US PAID FOR"? BESIDES YOUR OBVIOUS CHALLENGES WITH GRAMMAR {SEE PREVIOUS COMMENT}, AGAIN, I PAID THOSE TAXES TOO. You didn't have to worry that marauding bands would come and seize everything at your factory [WELL, PROVIDING PROTECTION IS ONE OF THOSE THINGS THAT A GOVERNMENT IS ACTUALLY SUPPOSED TO DO AND AGAIN, I PAID THOSE TAXES AND SPECIAL FEES TO THE FIRE DEPARTMENT FOR CERTIFICATIONS AND PERMITS. BUT THE TRUTH IS THAT YOU DIDN'T PROTECT MY FACTORY - IT WAS BROKEN INTO SEVERAL TIMES. WE ULTIMATELY HAD TO HIRE A PRIVATE SECURITY AGENCY TO WATCH OUR PLACE], and hire someone to protect against this, because of the work the rest of us did."
a resident of Menlo Park: Allied Arts/Stanford Park
on Apr 19, 2012 at 10:10 am
Greed at the top is bad for society as a whole.
The top 1% control 42% of the wealth in this country. I don't care how you slice it, that's not healthy.
Society matters more than kowtowing to those members of the wealthy classes aiming to turn this country into a Ayn Randian nightmare.
a resident of Woodside: other
on Apr 19, 2012 at 10:25 am
Wouldn't it be better to elevate the bottom 50% instead of lowering the top 10%?
If you want to do it permanently, you do it with jobs - good jobs - not by transferring money.
a resident of Menlo Park: Central Menlo Park
on Apr 19, 2012 at 10:34 am
Red Herring Alert!
I never said Fairness was the main purpose of taxation. That's you trying to avoid answering my direct question to you of "What's wrong with making our tax system fairer?"
You gripe that the top 10% pay 70% of all taxes. Well lucky them! That means they're making lots of money. In fact, they could easily afford to pay even higher taxes.
Remember, someone making $1 million dollars and paying at the full marginal rate, still has $680,000 left over to live on. Tough life! And if, like Romney, they shelter their income they're left with a whopping $871,000 to pay for groceries, mortgage, car, etc.. Excuse me if I can't work up much sympathy for the overtaxed rich.
As you apparently have forgotten, the rich paid a marginal rate of 91% under Eisenhower and seemed to get by just fine. They paid 70% throughout the booming 60's & into the 70's and still somehow managed to increase their wealth. Now that the top rate is only 35%, the wealthy are becoming obscenely rich while the deficit grows out of control and we're forced to shrink our government services (thank you George W).
And yet you whine about how unfair it is that the rich are paying 70% of all taxes. Give me a break! That's because the rich have all the money and have taken most of the income the economy generated over the past 30 years.
FACT: The top 1% own 43% of all the wealth in the country and the top 10% own over 80% of all the wealth. This leaves 90% of the population to share the small slice of the pie that remains.
FACT: Since the 1970's income for the bottom 20% has declined by 30%! For the richest 1% it's gone up 125%.
And you have the gall to suggest that the poorest among us should have their taxes raised because it's not fair that they don't pay enough in taxes!?
Which brings up another canard of yours: "half of all wage earners pay zero taxes." In fact, the % of workers who file and pay no income tax is only 38%, not 50%. Web Link Ironically, this is a result of the Bush Tax cuts.
But Federal taxes come in other forms including payroll taxes & gas taxes that everyone pays. CBO shows that the lowest 20%, earning only an average of $15,900 (could you even make car payments on this?), pay 4.3% in these federal taxes. The next 40%, with an overage income of $37,400, pay 9.9% in federal taxes.
Warren Buffett was right when he said: "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."
At least he has conscience enough to recognize the unfairness of the current system and courage enough to speak out about it.
a resident of Menlo Park: Central Menlo Park
on Apr 19, 2012 at 10:37 am
per your last comment,
It's hard to elevate the bottom 50% when the system is rigged such that most of the increased income goes to the wealthy. Which is what's happened over the past 30 years.
One of those inconvenient facts you don't seem to want to recognize.
a resident of Menlo Park: Central Menlo Park
on Apr 19, 2012 at 11:07 am
In light of the recent discussion, this definition seems appropriate:
REAGANOMICS: Convincing poor people they can become rich by giving the rich more money.


text:
This thread is awesome, needed, and will never die!
It has been over 2 years since I have been able to buy a pair of jeans that fit right (a little on the loose side so I can move around and work with ease). I have made a couple attempts, one time I bought 2 pair that I couldn't even wear. The other time, I bought 2 pair that I struggle to wear until I find some that fit.
Not only can I not move around well in them, but my balls are all restricted in them. I keep trying to pull the pants down a bit to give my balls some room, but get this, the pants have a below the waist, waist line so there is nowhere for them to go. Why in the world would men want jeans with a waist line below the waist? If you are thinking that I could just buy some loose jeans with a normal waist line, it's not that easy, those jeans have shrunk too and have been the jeans that I have been buying. No way in hell I would ever pick up a pair of skinny jeans, let alone buy them.
Why? Why did they have to shrink men's jeans? Why do they want to constrict our balls? Are they hoping to make us sterile? Is this part of UN Agenda 21? Do consumers no longer matter to businesses or are consumers too lazy to speak up anymore? Or maybe they can't speak up because they can't move around well and they lack the balls.


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The paper highlights the great memories from spending time in the outdoors and camping. Proudly display your boys memories as a Boy Scout on this paper. Acid and lignin free paper.
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text:
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Panera is Tasty, Says Goldman; Stock Rises 3.5%
Goldman Sachs added Panera Bread (PNRA) to its Conviction Buy list this morning, upgrading a stock that was previously rated a Netural:
We upgrade PNRA to Buy and add the shares to the Americas Conviction List with 30% upside to our $215, 12-month price target. PNRA has a strong unit growth trajectory, same-store sales are solidly in the mid-single digits, margins are ramping, and FCF deployment is increasingly robust. A spring traffic inflection driven by easier compares, a new ad campaign, and new products may serve as a catalyst after a period of underperformance.
Panera's stock has responded well, up 3.5% in early trades, and is now up just over 10% this year after rising 12.3% in 2012. Despite being valued at about 19 times forward earnings through yesterday's close, Goldman says Panera is cheap compared to its historic average of about 30 times earnings.
Goldman also upgraded Chilli's parent Brinker International (EAT):
We upgrade EAT shares to Buy from Neutral and see 17% upside to our $44 price target. We see EAT as a strong all-around story driven by cost cuts, FCF deployment and International expansion. We believe that with an accelerating restaurant remodel program (which is now showing up in our survey in the form of improving brand scores), stable and solid traffic growth may provide the last piece of the puzzle.
The company also has an active share buyback program and healthy dividends to recommend it:
In total, we believe EAT is on pace to reduce its share count by 55-60% from 2000 through 2015. And this is after using excess FCF beyond servicing its dividend. We believe EAT will be able to raise its dividend by 15-20%/year over the next several years. This presumes it simply maintains its current 30-40% payout ratio.
Brinker's shares have risen 1.5% today, and are up 23% so far this year.


text:
Sunny and warm start to ski season
BEECH MOUNTAIN, N.C. - It's so warm outside it's hard to believe it's almost December 1s, but despite what the calendar says there's snow on the mountain and Beech Mountain officials are expecting a great ski season.
Whether you were on skis or a snowboard, you couldn't ask for a better day on the slopes. "You don't have to worry about getting cold, it's just you and the mountain," said snowboarder Joby Harris.
Perfect might be a better description on opening day at Beech Mountain in North Carolina. The sun was shining, there were plenty of white slopes, and lines were moving quickly, which meant more runs down the mountain.
Snowboarders say most of the time opening days are a lot different. "There's usually blowers on, you've got to wear your goggles and your whole getup, and it just makes it not much fun," added Harris.
Snow machines have been busy the last few days making snow and Beech Mountain officials say despite the warm temps, the humidity is low so that they're not concerned about snow melting during the day. "We will keep making snow at night and any chance we can because we like to get everything open by Christmas holidays," said Gill Adams, Director of Skier Services.
In fact there's an average base of 14 to 30 inches of snow right now. But remember, this is just the first day and winter is still around the bend. "The long range forecasts come from several areas and they're calling for above normal snow amounts and below normal temperatures. And wintertime doesn't actually start until the 21st of December," added Adams.
Even though there's no snow from Mother Nature, people are still cheering. "There's absolutely no ice out today. It's just perfect, I haven't fallen once," said snowboarder Heather Jenkins.
It wasn't hard to find people ditching the layers while getting a workout. "I'm sweating, I'm burning up right now. It's hot out here, one run down you'll take whatever you've got on off," said snowboarder Dylan Yankee.
Beech Mountain officials also say based on the warm weather, they will be waiting until Wednesday to make more snow.
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