On the 8 Spot

Got This Great Story From Paulo Coelho’s blog!

The sheate is almost as important as the sword, it allows the samurai to not think about the sword most of the times, like during trying to run from enemies, or jumping etc.

Here where I am

Published by Paulo Coelho on October 3, 2008 in Stories

- That is why the discipline of meditation was worthwhile – concluded the master, when the young man returned to him. – You may have great skill with the instrument you choose for your livelihood, but it us useless, if you cannot command the mind which uses that instrument.

Here where I am at Paulo Coelho’s Blog.

from this video:

“If you take a job you don’t like, its like saving sex for the old age,…”

“…Take a job you love. Don’t Take a job that you think would look good in your resume…”

“I always really worked in a job, I loved doing. Always take a job that if you’re independently wealthy you would take.. you can’t miss, … you’d get way more out of it”

“If you think you’re going to be a lot happier if you’ve got 2x instead of x.. ”

“You’ll get in trouble if you think 10x is the answer to all your troubles”

I’ve always felt that the volume of businesses that get started is lower than it should be. It seems just nont as optimal, especially in my country where there is are no social safety nets. Lower the bar for starting and then gradually phasing them out I think is a push in the right direction.

October 2, 2008, 9:44 am

An Incentive to Open and Close With Haste

By Daniel Hamermesh

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Before going to a Thai restaurant near my German apartment, I asked a long-time resident how it is, and she said it’s brand new. It was a Texas barbecue (!!) joint for a few months, and something else before that.

Why the turnover? Of course, being unable to cover variable costs matters generally, as always; but the German government apparently gives a small business an incentive to open up, and an incentive to close quickly if it cannot cover its costs: certain taxes are waived if the business is small, but only for a short period of time; thereafter, the tax break phases out.

Thus the risks of opening a new business are reduced; and, if the business is not very successful, the impending loss of the tax break provides an incentive to close it down within the time period necessary to escape these taxes.

I have grave doubts about this policy and about subsidizing small businesses generally: if there are scale economies naturally, why should the government try to offset them? And it’s hard to imagine that there are too few new small businesses — or that people are so unwilling to take risks that the government should offer subsidies.

I see no good economic rationale for these policies, but they are widespread in Germany — and in the U.S. too.

An Incentive to Open and Close With Haste – Freakonomics – Opinion – New York Times Blog.

thanks to pk for the link here:

http://video.google.com/googleplayer.swf?docId=4537231419795681197:1000:3287000&hl=en

from the previous linked dave letterman video

3 billion dollars is enough to say that no kid goes to school hungry!

36 billion dollars wall st bonuses probably 2007 christmas bonuses

World Food Program Director in Dave Letterman thanks to j for the link here:

http://lateshow.cbs.com/latenight/lateshow/video_player/index/php/966082.phtml

and

here

We can do it!

-Sheeran