Blog Thu, 14 Nov 19 18:16:31 -0700 Blog en-CA B&H did not pay some taxes, may be Thu, 14 Nov 2019 11:47:41 -0700 Vitaliy_Kiselev 23079@/talks/discussions

In this action, the State sues to recover unpaid taxes from B&H Foto & Electronics Corp. (“B&H” or “Defendant”), which, since 2006, has intentionally underpaid sales tax on millions of dollars in receipts from its sales of cameras and other consumer electronics.

B&H is the largest non-chain photo and video equipment retailer in the United States, with more than $3 billion in sales in 2018. Its large retail store in New York City sells cameras and other electronics to shoppers from around the globe.

B&H proclaims itself to be “a proud, family owned business” that is “built on the pillars of honesty and treating people right” and which puts “principles over profits.” But when it comes to collecting and paying New York state and local sales taxes, B&H has been anything but honest and principled.

For thirteen years, B&H has cheated on New York State sales taxes. During that time, B&H has routinely passed manufacturer (or “vendor”) discounts through to its customers as part of “instant rebate” sales promotion programs offered by manufacturers. Under these arrangements, the manufacturer reimburses B&H for selling advertised products at discounts during periods of time set by the manufacturer. In violation of long-established tax law, B&H never paid tax on these reimbursements.

B&H knew that it should have been paying the tax. B&H has repeatedly and explicitly acknowledged—internally, to outside vendors, and to a competitor—that under New York tax law, it owed sales tax on these reimbursements

Capitalism: Economic downturn coming Thu, 14 Nov 2019 11:00:21 -0700 Vitaliy_Kiselev 23078@/talks/discussions Fifty-five percent of more than 3,400 high net worth investors surveyed by UBS expect a significant drop in the markets at some point in 2020. Amid intensifying geopolitical risks, the super rich have increased their cash holding to 25% of their average assets, the survey showed.

Lenin on state administration and cameras development Thu, 14 Nov 2019 08:02:40 -0700 Vitaliy_Kiselev 23075@/talks/discussions

We are not utopians. We know that an unskilled labourer or a cook cannot immediately get on with the job of state administration. In this we agree with the Cadets, with Breshkovskaya, and with Tsereteli. We differ, however, from these citizens in that we demand an immediate break with the prejudiced view that only the rich, or officials chosen from rich families, are capable of administering the state, of performing the ordinary, everyday work of administration. We demand that training in the work of state administration be conducted by class-conscious workers and soldiers and that this training be begun at once, i.e., that a beginning be made at once in training all the working people, all the poor, for this work.

V. Lenin

Cameras development is no different, as all their consumers are now fully alienated from participating in their development, as it is being said that it is only job of proper nice smiling guys and "professionals" who managed to run camera industry into dead end. Instead any customer interested in direct intervention into cameras design must have way for education and gaining information. And, later, in case of really useful and valuable ideas and solutions - must be directly included into development team. And location of such active customer and his original education does not matter.

Japanese camera companies are not the only ones who need to merge Thu, 14 Nov 2019 06:06:37 -0700 Vitaliy_Kiselev 23074@/talks/discussions

UBS Group AG Chief Executive Officer Sergio Ermotti said European banks are too small to compete with their U.S. peers and will need to consolidate in order to ensure survival and growth.

Despite consolidation over the last decade, too many banks that cannot cover their cost of capital still exist, Ermotti said at a conference in Zurich.

Surprise. Lot of mergers ahead.

Microsoft Project Silica Wed, 13 Nov 2019 22:50:06 -0700 Vitaliy_Kiselev 23072@/talks/discussions

Andrew Grove as top management sample Wed, 13 Nov 2019 22:44:32 -0700 Vitaliy_Kiselev 23071@/talks/discussions

Today, we are able to make a prediction of where our technology may take us 15 years from now. Our best estimates, based upon past performance, existing technology and the laws of physics, show that the microprocessor of 2011 could look like this:

  • Transistors 1 Billion (435,000X the original 4004)
  • Die Size 1.8" ( about the size of a half dollar)
  • Frequency 10Ghz (4X the frequency of a microwave oven)
  • MIPS 100,000 (equivalent to 100 thousand VAX 1180s which were as large as refrigerators and were about 1MIPS)

Andrew S. Grove
November 18, 1996

Sandybridge CPU (same time as prediction)

  • 118,000 MIPS
  • 1160 billion
  • 216mm2 die
  • 4-4.4Ghz, some can reach 5Ghz under good cooling via overclocking (only latest 14nm gen reached this again)

None of Intel CPUs ever reached 10Ghz, due to fundamental limits.

Education as big source of Google income Wed, 13 Nov 2019 19:36:44 -0700 Vitaliy_Kiselev 23068@/talks/discussions image

If you think that it happened accidently and Chrome OS being selected due to cheaper notebooks, you are wrong.

At the certain time educations had been good safety net and income source for Apple (now not so much, but still good money).

Now it is big school of training herds to use Google services and teaching to supple them all your private information and business documents.

Shrinking Windows computers share is important for ruling class across the world as it making it simpler to tell people that they need to get apps from some centralized app store. As well as simpler to censor apps you do not want.

Song of the Stormy Petrel Wed, 13 Nov 2019 11:06:57 -0700 Vitaliy_Kiselev 23066@/talks/discussions image

Up above the sea’s grey flatland, wind is gathering the clouds. In between the sea and clouds proudly soaring the Petrel, reminiscent of black lightning.

Glancing a wave with his wingtip, like an arrow dashing cloudward, he cries out and the clouds hear his joy in the bird’s cry of courage.

In this cry — thirst for the tempest! Wrathful power, flame of passion, certainty of being victorious the clouds hear in that bird’s cry.

Seagulls groan before the tempest, — groan, and race above the sea, and on its bottom they are ready to hide their fear of the tempest.

And the loons are also groaning, — they, the loons, they cannot access the delight of life in battle: the noise of the clashes scares them.

The dumb penguin shyly hiding his fat body in the crevice … It is only the proud Petrel who soars ever bold and freely over the sea grey with sea foam!

Ever darker, clouds descending ever lower over the sea, and the waves are singing, racing to the sky to meet the thunder.

Thunder sounds. In foamy anger the waves groan, with wind in conflict. Now the wind firmly embraces flocks of waves and sends them crashing on the cliffs in wild fury, smashing into dust and seaspray all these mountains of emerald.

And the Petrel soars while crying, reminiscent of black lightning, like an arrow piercing the clouds, with his wing rips foam from the waves

So he dashes, like a demon, — proud, black demon of the tempest, — and he’s laughing and he’s weeping … it is at the clouds he’s laughing, it is with his joy he’s weeping!

In the fury of the thunder, the wise demon hears his weakness, but he’s certain that the clouds will not hide the sun — won’t hide it!

The wind howls … the thunder rolls …

Like a blue flame, flocks of clouds blaze up above the sea’s abyss. The sea catches bolts of lightning drowning them beneath its waters. Just like serpents made of fire, they weave in the water, fading, the reflections of this lightning.

—Tempest! Soon will strike the tempest!

That is the courageous Petrel proudly soaring in the lightning over the sea’s roar of fury; cries of victory the prophet:

—Let the tempest come strike harder!

M. Gorky