Regarding the tax "rebate" of 2008:

Regarding the tax "rebate" of 2008:

I am investing in my grandchildren.  My $1200 will be put into a IRA for their retirement.  They are 5 and 3 years old.  In 65 years they will be 68 and 70.

Do the math.  By the way, a journalist once asked Albert Einstein what the most powerful force in the universe is.  He didn't answer atomic energy or the like.  He answered "compound interest". 

The math:  10% per year in mutual funds, times 65 years, equals 490.  (the formula is 1.10 ^ 65) And 490 * 1200 is $588,000 and this amount is in "today's dollars" (adjusted for inflation, as far as one can now project).

That amount, $588,000 is a nice nest egg, and if then invested in 5% Treasury bonds (as one should do when retired), would provide a yearly income of $29,400. 

In other words, this government give-away of $1200 would basically pay for the Social Security payments for my grandchildren when they retire. 

So instead of giving it away, it should be invested by the Feds, and used to eliminate Social Security taxes.  Social Security is now a "pay-as-you-go" scheme, and that is giving us trouble now with the baby boomer generation retiring. 

Baruch Atta


The Role of Transportation in Smart Cities in the Information Age

Date: Wed, 16 Apr 2008 00:01:08 -0400
From: fyi-poster@umd.edu
Subject: The Role of Transportation in Smart Cities in the Information Age

It is probably not polite to criticize someone that you don't know, so
please excuse me from the start.
But how in the world can the UN predict the percentage of people
living in "urban areas" some 22 years into the future, with an
accuracy of three decimal places???!!!
I doubt that the UN or anyone else can count to that accuracy, even
for today's population.
It definitely depends on how one defines "urban", and so on.
I did some work at a high level political organization, and we had a
hard time just counting employees. Do you count temps? What about
volunteers? And so on. What if someone was hired and didn't start
yet? What about people out on sick leave? With approximately 500
employees, we were lucky to come within 5%.
So I really don't believe the UN statistics.
So why do you quote them?

Anyway, on the topic of the lecture, does the Good Doctor first
preface his theories with defining Social Goals? What is the purpose
of existence? Does the human species require over 8 billion people to
achieve its purpose?
Some human goals could be comfort, technological advancement, art, and
other simple things like "survival".
The major question that I ask to anyone proposing social and human
planning, is "for what are you planning?" For example, do we need all
8 billion to achieve "comfort"? Do we need all 8 billion to achieve
better technology? Or "better art"? (what ever that is.)
Actually not. Is 8 billion better than 4 billion, or just the
opposite? Would "just" one billion suffice? Would 100 million be
enough to ensure survival, and even advance technology, increase
comfort, and so on?
Once these questions are asked and answered (even if the answers would
be "wrong") then and only then does any planning, including
transportation planning, make any sense.

Thanks for listening
Baruch Atta

Subject : The Role of Transportation in Smart Cities in the
Information Age
When : Friday, April 18, 2008 12:00 PM - 1:00 PM
Where : Preinkert Field House (Bldg 54) : 1112V
Event Type(s) : Lecture

According to the UN, the world population could reach 8.2 billion by
2030, with 60.8% living in urban areas. The resources needed to
support that population could be insurmountable. Dr. Tschangho John
Kim, Professor of Urban and Regional Systems at the University of
Illinois Urbana-Champaign, postulates that urban sustainability refers
to an acceptable level of social costs associated with daily
activities of people. Key social costs are related to the use of
scarce urban land, decay of environmental quality, traffic accidents
and congestion. He will examine the role that transportation should
play in intelligent and sustainable development for smart cities.

Website: www.smartgrowth.umd.edu

For more information, contact:
Gretchen Sweeney
Environmental Finance Center
+1 301 405 4035


See the Daniel Estulin page for more info on Bildenberg people.

http://www.danielestulin.com/?idioma=en See Daniel Estulin's page for more info on Bildenberg people.