The Equius Blog is updated frequently with original content and links to articles and other media from academics, industry partners and other respected sources. Posts will generally be of a financial, economic, or investment nature. Any political inferences, real or perceived, are the sole responsibility of the author and the reader. Opinions expressed are not necessarily those of Equius Partners.
by Jeff Troutner, May 18, 2012
Actor Will Smith during a French television interview this week:
Smith: I have no issue with paying taxes and whatever needs to be done for my country to grow. I believe very firmly that my ability to sit here—I'm a black man who didn't go to college, yet I get to travel around the world and sell my movies, and I believe very firmly that America is the only place on Earth that I could exist. So I will pay anything that I need to pay to keep my country growing. . . .
Interviewer: Do you know how much in France you would have to pay on earnings above one million euros [under new French President Francois Hollande's proposal]? Not 30%. 75%.
Smith: 75?! Yeah, that's different, that's different. Yeah, 75. Well, you know, God bless America.
by Jeff Troutner, May 17, 2012
In today's Wall Street Journal, Rich Karlgaard contrasts the hype of the upcoming Facebook IPO with the much more important trends in U.S. manufacturing and energy technology.
Excerpt:
The modern-day code rockers are not mere nerds, either. They form an Algorithmic Army of slightly surreal folks like, well, Mr. Zuckerberg. They seem to be pale men with oddly flat voices and faraway gazes who prefer to hide out in the bathroom during the IPO roadshow. When finally coaxed onto the stage to face investors, the great Zuckerberg appeared in a hoodie.
That can't be America's future, can it?
Read more here (The Wall Street Journal, May 17, 2012)
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