Archive for October, 2010
Posted by TopOfTheThread on October 9, 2010
Posted by TopOfTheThread on October 6, 2010
Protectionism is the economic policy of restraining trade between states, through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to discourage imports, and prevent foreign take-over of domestic markets and companies.
This policy is closely aligned with anti-globalization, and contrasts with free trade, where government barriers to trade and movement of capital are kept to a minimum…
So we’re heading to a business conference in Berlin Germany. We need to ship our giveaways for the conference. I get notification from UPS via my hotel, the shipment is being delayed in customs. A Customs Tax of 19% must be paid before they will release our boxes.
That’s a great example of Protectionism! Of course we pay the tax. We have no choice. We need the giveaways for the conference. We had already paid for and had our logo put on these Memory products (our giveaways.)
I ventured to try to figure out the import tax to bring a similar product into the USA.
(I would not be surprised if I am wrong figuring this import tax.) I visited the USITC – Tariff Information Center at http://www.usitc.gov/tariff_affairs/. I ended up looking at section 8542.32.00. I believe, if this is the correct product classification, there is no tariff for bringing memory into the USA. No tax.
19% versus 0%
Does that make sense? Is that good for us? The USA is one of the world’s largest markets and we allow other countries (Germany in this case) to charge an exorbitant fee for imports into their country? And we are not charging any tax on the same product coming into the USA from their country?
I am not an economist but this cannot be good for our economy.
(Note: I know I am correct with the 19% customs fee into Germany because I just paid it. If someone can help verify or correct my import into the USA tax information, it will be greatly appreciated. )
Posted by TopOfTheThread on October 2, 2010
… or are you, in retrospect, simply so embarrassed how you handled the transition to the Miami Heat?
This week Lebron James played the race card as to the decline in his popularity and criticism on the manner in which he moved to the Miami Heat.
Jason Whitlock penned a great article on Foxsports.com titled “Point the finger at yourself, Lebron“. From the article:
With his self-aggrandizing, narcissistic one-hour TV exit – The Decision – LeBron James ruined his public image, not racism. LeBron inflicted more damage to his image Wednesday night when he told CNN’s Soledad O’Brien that race is a factor in the public backlash against him since The Decision.
Lebron, just between us, do you really believe it’s race? Come on. Really. Tell me. It’s just between you and me.
When I watched the beginning of The Decision, it brought back memories of Rocky’s Apollo Creed coming into the room in an Uncle Sam costume.
I cannot know what it’s like to be a person of color in America. I cannot know what it’s like to be a multi-millionare at age 23. I cannot know what it feels like to have people kissing my butt since I was a little kid because I was going to be a world class athlete.
I can give you a bit of advice from John Q Public.
People are smarter than you think. Do not underestimate them. (Example:) Nobody fell for The Decision being a fundraiser for The Boys and Girls Club. We all know it was about you.
You can’t fight the press. And with the number of microphones being stuck in your face, you are bound to make some errors.
Take ownership. Take a step back. Hire a top public relations firm. You should worry about playing basketball.