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Comment Re:Get the IRS involved... (Score 1) 565

It's already the case. It's called a CFC, or Controlled Foreign Corporation and it is taxed exactly as it if is a US owned/based corporation.
However the taxes paid by foreign individuals in foreign countries is the responsibility of the those individuals, not the corporation. Just as it is the US. It is also the reality is the corporation isn't replacing their us workforce with 1-1 skilled people (at least not at the outset) they are replacing 1 for 10 outsourced and still spending less.
Heck I could try the same thing without going over seas. How about I replace my IC designer with 10 recent graduates. Should I pay the same FICA for the 10 graduates, am I really cheating the IRS? What if my IC designer wasn't 'in-sourced' but died (bus, heart attack, whatever)?
Frankly large companies that do stupid stuff *should* be eliminated. The normal course is bankruptcy and liquidation.
If 10 recent graduates can do the same job and still cost less then I say have at it. Of course I think they can't and I charge accordingly.

Comment Not an inconsistent message. (Score 1) 565

Had a few this weekend but I think you peeps don't really understand world finance. Simple fact is that the US isn't even close to competitive in the world market when it comes to finance, holding earnings, inventment in r&d, and running a corporation.
The real solution is to end corporate welfare (fat fsck'ing chance) and lowering the effective tax burden to 20% or less -- the competition is at 10% effective flat taxation.
In reality there is no flat tax jurisdiction. Even HK is tax free for your first 16000 USD (single) 30000 USD (with dependent) and there is *no* VAT or sales tax on top.
As a comparison the US tax rate starts at 5000 (federal) + state tax + city tax + property tax + with state sales tax (3-10% for most of the country). For most of the software writing and hardware designing workforce we are at 50+% effective tax burden. So at the end of the day a US citizen/resident is so tax burdened our 'socialist' neighbors [Canada, Europe] are taxed far less than us, of course many of them can't make the same raw income numbers ... but it's what we can spend that counts, right?
Now Asia where taxation is still sane ... how to compete? Yeah, I know, most of us are running around with the wacky ideas that Asia hasn't changed in 30 (or 50) years, but it has. The infrustructure, wealth and ideas in Asia today leave the US hard pressed to compete on a level playing field. And it's not a level playing field. The US is behind on just about everything but work ethinc. We work 80 hard hours when Asia sit's on their collective ass for 50-60 of those same hours. And that's it. We charge 100x more for 3-5x the productivity and that just doesn't balance out at the end of the day.
Of course in most of Asia I can maintain my standarnd of living (or better) for 1/3 of the income (which comes to 10x the income for 10x the productivity) works out. Unfortunatly the tax reverses the mess so now I make 5x the wage for 10x the productivity. Ouch.
There are many ways to slice and dice the mess; I see it as:
  - kill corporate welfare
  - drop the effective tax burden
  - drop the entitlement programs
  - restore competition.
If we do it on our schedule it will be much less painful that when it is done when we have no choice. The list really isn't optional, it will happen in less than 10 years. period. no choices. if we do it intentionally then the middle class will retain some wealth and/or maintain it's existance.
I honestly believe that the middle class the the US is doomed because we/they don't, won't or can't exercise the power to push this agenda forward.

Comment Re:Asian airlines (Score 1) 365

China Airlines is the Taiwan carrier.
The LAX/TPE plane is good. The SFO/TPE (as of last year) was junk interior: old, worn, no entertainment.

I've not heard anything good about Air China, the China carrier. Garuda, the Indonesia carrier, is pretty much like a US domestic flight, really bad for Asia. Cathay, the Hong Kong carrier, can be hit or miss ... HKG/CDG as of 2 years ago really doesn't meet the standard of most Asian carriers, IMO.

My number one least favorite flight is Northwest (now Delta) MSP/NRT.

My number one favorite flight is Singapore Air ANYWHERE. Nobody even comes close to Singapore in economy class, it's only a couple inches of seat from business class on most other airlines (power plugs, entertainment, service - everything is top notch there).

Note, my comments are all pertain to Economy class. For myself when I fly business class I don't see so much difference between the airlines. Yeah Singapore is still tops but the difference between them is pretty minimal.

One last thing, flying business class within the EU seems pretty pointless. The only bump is a higher ratio of flight attendants an a guarantee that the middle seat is empty. I just don't get that one.

Image

Dad Delivers Baby Using Wiki 249

sonamchauhan writes "A Londoner helped his wife deliver their baby by Googling 'how to deliver a baby' on his mobile phone. From the article: 'Today proud Mr Smith said: "The midwife had checked Emma earlier in the day but contractions started up again at about 8pm so we called the midwife to come back. But then everything happened so quickly I realized Emma was going to give birth. I wasn't sure what I was going to do so I just looked up the instructions on the internet using my BlackBerry."'"
Image

Zombie Pigs First, Hibernating Soldiers Next 193

ColdWetDog writes "Wired is running a story on DARPA's effort to stave off battlefield casualties by turning injured soldiers into zombies by injecting them with a cocktail of one chemical or another (details to be announced). From the article, 'Dr. Fossum predicts that each soldier will carry a syringe into combat zones or remote areas, and medic teams will be equipped with several. A single injection will minimize metabolic needs, de-animating injured troops by shutting down brain and heart function. Once treatment can be carried out, they'll be "re-animated" and — hopefully — as good as new.' If it doesn't pan out we can at least get zombie bacon and spam."
Security

Submission + - New Bank Authentication Scheme Debuts, Gets Hacked

An anonymous reader writes: Harvard and CommerceNet researchers report breaking Vidoop, a new two-factor graphical authentication scheme for banks. The scheme requires users to remember "image categories" to login and is supposedly invulnerable to phishing attacks, keyloggers and "all prevalent forms of hacking" (according to theri website and their TV commercial on YouTube). The researchers describe how they broke the scheme in a few hours with a man-in-the-middle attack, and they posted a video of the attack. This is related to the attack on Bank of America's SiteKey by the boarding pass hacker and to the Harvard study on SiteKey that shows how easily users get phished.

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