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Выбор редакции
26 июня, 11:37

Conservative’s Story About 'How Republicans Are Born' Backfires Spectacularly

Anti-tax activist Grover Norquist seemed to think he had the perfect example to explain his problem with taxes, and to illustrate ― as he put it ― “how Republicans are born.” On Sunday, the head of the conservative Americans for Tax Reform wrote on Twitter:  How Republicans are born...Daughter, 8, has been savings up to buy her first Guitar.Found it for $35. She had 35 exact.Then...sales tax— Grover Norquist (@GroverNorquist) June 25, 2017 The post quickly went viral, but probably not for the reasons Norquist expected. Of the more than 4,500 comments, many explained exactly what the tax on that guitar would be used for. Here are some examples:  Did you mention that you drove her to the guitar store on roads that were partly funded by sales taxes?— John Schwartz (@jswatz) June 25, 2017 In a car which only has seat belts preventing you from being badly injured in the event of a crash due to taxpayer funded regulations?— ☪️ Charles Gaba ✡️ (@charles_gaba) June 25, 2017 or those same taxes that pay for emergency services that will respond if you do get in an accident?— Steve J (@SteveoCO21) June 25, 2017 And fix potholes etc that reduce the chance that we will have accidents.— Holly Taggart (@holly_taggart) June 25, 2017 And using traffic lights which are installed by municipalities that greatly reduce the risk of death when driving?— Shannon Copeland (@shinyshannon73) June 25, 2017 And using side walks that are paid by the city from tax payers dollars?— Keith (@Political_5000) June 25, 2017 And police that protect her from being robbed of her cash.— Liberal (@progressivehere) June 25, 2017 And firefighters and EMTs to provide emergency medical services that are paid for in part by sales tax.— Yerba Dog (@YerbaDog) June 25, 2017 And were able to send this tweet due to government research and investment in the internet— Ferdinand Chubb (@FerdinandChubb) June 25, 2017 How bout the taxes that fund public elementary school music programs that provide a necessary foundation for our guitar teachers?— Peter Butler (@mrgrimm) June 26, 2017 And the library where she could go to research why we pay taxes?— ❄️Texas Resistance❄️ (@janet79015) June 25, 2017 And that she doesn't have to go potty outdoors bc of extensive sewer system paid by tax dollars? 'Daddy where does poop go when u flush?"— Rick (@RicknShira) June 26, 2017 Translation: "How Republicans are born...Not doing their research and blaming strangers for their own ignorance."— Pete Forester (@pete_forester) June 26, 2017 Here’s some of the reaction to the reaction:  This whole thread: pic.twitter.com/LtxmyeH0hr— I Am the Cheese (@illuminarts1972) June 26, 2017 These replies are better than the last book I read.— Seth Kaplan (@Seth_Kaplan) June 25, 2017 I love every single one of you on this thread. This is amazing. — Lauren Segars (@lauren_segars) June 25, 2017 pic.twitter.com/kgLf79uHV0— R.P. McMurphy (@goodbyemrburton) June 25, 2017 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

Выбор редакции
26 июня, 11:37

Conservative’s Story About 'How Republicans Are Born' Backfires Spectacularly

Anti-tax activist Grover Norquist seemed to think he had the perfect example to explain his problem with taxes, and to illustrate ― as he put it ― “how Republicans are born.” On Sunday, the head of the conservative Americans for Tax Reform wrote on Twitter:  How Republicans are born...Daughter, 8, has been savings up to buy her first Guitar.Found it for $35. She had 35 exact.Then...sales tax— Grover Norquist (@GroverNorquist) June 25, 2017 The post quickly went viral, but probably not for the reasons Norquist expected. Of the more than 4,500 comments, many explained exactly what the tax on that guitar would be used for. Here are some examples:  Did you mention that you drove her to the guitar store on roads that were partly funded by sales taxes?— John Schwartz (@jswatz) June 25, 2017 In a car which only has seat belts preventing you from being badly injured in the event of a crash due to taxpayer funded regulations?— ☪️ Charles Gaba ✡️ (@charles_gaba) June 25, 2017 or those same taxes that pay for emergency services that will respond if you do get in an accident?— Steve J (@SteveoCO21) June 25, 2017 And fix potholes etc that reduce the chance that we will have accidents.— Holly Taggart (@holly_taggart) June 25, 2017 And using traffic lights which are installed by municipalities that greatly reduce the risk of death when driving?— Shannon Copeland (@shinyshannon73) June 25, 2017 And using side walks that are paid by the city from tax payers dollars?— Keith (@Political_5000) June 25, 2017 And police that protect her from being robbed of her cash.— Liberal (@progressivehere) June 25, 2017 And firefighters and EMTs to provide emergency medical services that are paid for in part by sales tax.— Yerba Dog (@YerbaDog) June 25, 2017 And were able to send this tweet due to government research and investment in the internet— Ferdinand Chubb (@FerdinandChubb) June 25, 2017 How bout the taxes that fund public elementary school music programs that provide a necessary foundation for our guitar teachers?— Peter Butler (@mrgrimm) June 26, 2017 And the library where she could go to research why we pay taxes?— ❄️Texas Resistance❄️ (@janet79015) June 25, 2017 And that she doesn't have to go potty outdoors bc of extensive sewer system paid by tax dollars? 'Daddy where does poop go when u flush?"— Rick (@RicknShira) June 26, 2017 Translation: "How Republicans are born...Not doing their research and blaming strangers for their own ignorance."— Pete Forester (@pete_forester) June 26, 2017 Here’s some of the reaction to the reaction:  This whole thread: pic.twitter.com/LtxmyeH0hr— I Am the Cheese (@illuminarts1972) June 26, 2017 These replies are better than the last book I read.— Seth Kaplan (@Seth_Kaplan) June 25, 2017 I love every single one of you on this thread. This is amazing. — Lauren Segars (@lauren_segars) June 25, 2017 pic.twitter.com/kgLf79uHV0— R.P. McMurphy (@goodbyemrburton) June 25, 2017 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

Выбор редакции
19 июня, 15:09

Why Fidelity Select Insurance Portfolio (FSPCX) Worth Another Look?

Fidelity Select Insurance Portfolio (FSPCX) seeks capital appreciation

16 июня, 18:14

Allstate (ALL) Announces May Cat Loss, Weather Woes Linger

The Allstate Corp. (ALL) expects to incur catastrophe loss of $403 million pretax ($262 million after tax) in May 2017.

07 июня, 17:31

How to Win the South China Sea Showdown: Tourism?

Andrew Chubb Security, Asia In late April, Philippine authorities began transporting building supplies to the disputed Spratly archipelago to upgrade their facilities there. The centrepiece of the US$32 million project will be the refurbishment and lengthening of the potholed runway on Thitu Island, along with solar power and desalination plants. Officials in Manila hope this will open up the islands to tourism — one of many ways regional states are attempting to ‘civilianise’ their presence in the disputed South China Sea. With their turquoise lagoons, white beaches, abundant marine life and remote mystique, the disputed islands of the South China Sea are a largely untapped tourism resource. China opened up the Paracel Islands to tourism in 2013 but to date only one of the hundreds of coral atolls in the much larger Spratly group has been made accessible to tourists — Malaysia’s ageing dive resort on Swallow Reef. This looks set to change in coming years. In 2010, a group of journalists from China’s state-run geography magazine made an epic voyage (on a Malaysian boat) to the most southerly part of the Spratly Islands. In the long, lavishly illustrated article that followed, they recommended opening up tourism in what they said ‘may well be the Chinese people’s best diving spot’. Three years later, in April 2013, the idea of tourism in the Spratly Islands appeared in official government planning documents, probably for the first time. Further hints of this aspiration came in January 2016 when China marked the completion of its massive artificial island construction project by sending a Hainan Airlines Boeing 737 and a China Southern Airbus A319 to land on the new runway at Fiery Cross Reef. The political and strategic significance China attaches to such activities was illustrated again six months later when Beijing responded to the unfavourable arbitration ruling by the UN Convention on the Law of the Sea tribunal by sending two more commercial jetliners to Mischief Reef and Subi Reef. The avalanche of propaganda that attended the flights included pilots waving red flags out the cockpit windows, and airline stewardesses posing jauntily on the disputed features. English-language state media coverage touted the ‘convenient location’ of the new airports. Tourism in the Spratly Islands would present some formidable challenges, including potential resistance from the military, which has worked for decades to consolidate its foothold in these far-flung disputed areas. But Beijing has been accruing relevant experience in recent years. In 2013, a cruise liner named Coconut Princess began offering tours to the Paracel Islands, which are several hundred kilometres closer to China and have been under China’s control since 1974, though Vietnam continues to bitterly contest their sovereignty. By 2016, an estimated 23,000 Chinese tourists had paid upwards of US$1,000 each to join patriotic-themed cruises to the archipelago. And in December 2016, a Chinese airline began daily flights to Woody Island, the largest in the Paracel group — another important milestone in the civilianisation of China’s presence there. Given the high level of underlying tensions stemming from the area’s strategic importance, and the associated precariousness of all sides’ positions in the dispute, civilian development might seem a questionable investment prospect. Why would states spend resources and involve their regular citizens in remote maritime spaces subject to constant frictions and concern about unexpected escalation? The answer lies in the political benefits that ‘civilianisation’ offers. First, and most obviously, it consolidates the state’s position by creating fait accomplis — new facts on the ground (or water) that would require enormous effort to undo. Second, it allows a state to present the expansion of its presence in the disputed areas as civilian, and therefore non-aggressive, in nature. China, for instance, has responded to criticism of its island-building project by claiming that it is Washington, with its aircraft carriers and spy planes, that is ‘militarising‘ the South China Sea, and not Beijing. Relatedly, any future use of the new civilian facilities by international actors — for example, the new airports built on mid-ocean reefs — will imply acceptance of the legitimacy of China’s presence, if not its sovereignty claims. For this reason, Beijing’s professed desire to provide public goods in the area should not be dismissed as mere empty rhetoric. Third, for China at least, ‘civilianisation’ serves important ideological purposes. Compared to military operations, which tend to require a high degree of operational secrecy, civilian initiatives are much more amenable to publicity. This allows the government greater scope to claim the domestic political credit for assertive moves in an international dispute. Civilian initiatives may also help maximize social support behind the state’s territorial claims by giving citizens a sense of involvement in their advancement. Perhaps even more importantly for Beijing, they also maintain the official narrative that China has never acted in any way aggressively. This helps ensure that citizens are less inclined to question the claims made in their name and more willing to mobilize and fight for them should it become necessary. Andrew Chubb is a 2017–2018 fellow in the Princeton–Harvard China and the World Program at Princeton University. He is on Twitter at @zhubochubo. This first appeared in East Asia Forum here. Image Credit: Creative Commons. 

01 июня, 16:33

Why Should You Still Hold Onto Chubb Limited (CB)?

Shares of Chubb Limited (CB) have outperformed the Zacks categorized Property and Casualty Insurance industry, quarter to date. The estimates have also been revised upward for last 30 days.

27 мая, 13:52

The NRA Would Like to Insure You Now

The advocacy group has a new product aimed at protecting gun owners from the legal costs of shooting someone.

26 мая, 17:22

Unum Group (UNM) Increases Dividend, Okays Share Buyback

The board of directors of Unum Group (UNM) recently hiked its quarterly dividend by 15% and approved a new $750 million share buyback program.

24 мая, 16:30

The Zacks Analyst Blog Highlights: Oracle, Chubb, AstraZeneca, Estee Lauder and Aflac

The Zacks Analyst Blog Highlights: Oracle, Chubb, AstraZeneca, Estee Lauder and Aflac

24 мая, 16:18

Here's Why You Should Retain Chubb (CB) Stock Right Now

Shares of Chubb Limited (CB) gained 2.55% since the release of first-quarter 2017 results, outperforming the Zacks categorized Property and Casualty Insurance industry's decline of 0.79%.

23 мая, 23:05

New Research Reports for Oracle, Chubb, AstraZeneca & Others

New Research Reports for Oracle, Chubb, AstraZeneca & Others

19 мая, 16:49

Chubb Limited (CB) Increases Dividend by 3%, Shares Gain

The board of directors of Chubb Limited (CB) recently announced a 3% hike in quarterly dividend to 71 cents per share

Выбор редакции
17 мая, 21:06

Adair Turner to chair Chubb’s European operations

Former UK regulator joins Evan Greenberg’s expanding insurance empire

Выбор редакции
17 мая, 21:06

Adair Turner to chair Chubb’s European operations

Former UK regulator joins Evan Greenberg’s expanding insurance empire

15 мая, 19:59

American International Group (AIG) назначил нового CEO

American International Group Inc. (AIG) в понедельник назначила Брайана Дюперро новым исполнительного директором компании. 70-летний Г-н Дюперро является основателем и генеральным директором компании Hamilton Insurance Group Ltd., зарегистрированной на Бермудских островах. На новом посту Дюперро сталкивается с проблемой улучшения финансовых результатов в условиях жесткой конкуренции в отрасли. Страховой конгломерат выплатил почти $185 млрд правительству США, которые были предоставлены во время кризиса мировых рынков в 2008 году. Для погашения долга перед налогоплательщиками компании пришлось продать многие предприятия. Маржа прибыли AIG заметно отстает от многих конкурентов страховщика с момента его близкого краха. Кроме того, AIG заявил в понедельник о соглашении приобрести платформу Hamilton в США в по оценочной стоимости в $110 млн, что было воспринято как углубление AIG в продвижении больших массивов данных и аналитики. AIG и Hamilton также объявили о перестраховочном партнерстве. Последние полгода были особенно бурными для AIG. Всего через несколько недель после того, как фирма опубликовала разочаровывающие результаты за четвертый квартал, генеральный директор Питер Хэнкок заявил, что уйдет из страхового гиганта после менее чем трех лет у руля. Многие члены правления были недовольны неудачами компании в вопросе повышения прибыльности, а некоторые также опасались потенциальной борьбы с акционером и активистом-инвестором AIG Карлом Иканом. Г-н Хэнкок согласился остаться, пока не будет найден преемник. Руководители AIG реализуют двухлетний стратегический план, начатый в январе 2016 года, в ответ на давление со стороны г-на Икана. По словам аналитиков, компания может достичь многих целей, таких как сокращение издержек и возвращение $25 млрд инвесторам за счет дивидендов и выкупа акций. Члены правления AIG не ожидают, что их новый лидер изменит нынешнее стратегическое направление страховщика, сообщает Wall Street Journal со ссылкой на источники. AIG сообщила, что г-н Дюперро получит годовой базовый оклад в размере $1,6 млн, краткосрочный годовой стимул в размере $3,2 млн и годовую долгосрочную премию в размере $11,2 млн. Кроме того, г-н Дюперро получит разовое денежное вознаграждение в размере $12 млн за неучтенные беспроцентные вознаграждения Hamilton, лишившегося исполнительного директора, и разовое решение о покупке опционов на покупку акций AIG на $1,5 млн. Г-н Дюперро родился на Бермудских островах, получил магистра математики в Университете Сент-Джозефа в Филадельфии в 1973 году, говорится в выступлении на веб-сайте Hamilton. "Я искал работу и увидел рекламу актуариев в AIG. Только что вернувшись из армии США, я не знал, что такое актуарий, и ничего не знал о страховании, но мне нужна была работа". Он присоединился к актуарному отделу AIG, и поднялся по служебной лестнице, чтобы стать одним из ее самых высокопоставленных руководителей. Поскольку г-н Дюперро получил полномочия на проведение операций, многие отраслевые коллеги и аналитики Уолл-стрит заявили, что он потенциальный преемник своего босса, хотя в то время г-н Гринберг не собирался уходить в сторону. Вместо этого г-н Дюперро стал одним из многих руководителей AIG, чтобы уйти на руководящие должности в других местах. Он ушел в 1994 году на работу в компанию ACE Ltd., специализирующуюся на специальной страховке крупным корпоративным клиентам. Г-н Дюперро расширил свою нишевую компанию до диверсифицированного страховщика, приобретя в 1999 году компанию Cigna Corp. в США. С тех пор компания приобрела Chubb и известна как Chubb Ltd. Г-н Дюперро ушел из ACE в 2004 году, но затем был принят на работу в 2008 году, чтобы стать генеральным директором Marsh & McLennan. Дюперро сократил расходы, укрепил управленческую команду и приобрел более мелкие фирмы, чтобы поддержать рост, в том числе, чтобы лучше обслуживать более мелкие американские компании. Он покинул Marsh в 2012 году, а в следующем году вернулся на Бермудские острова и основал Hamilton с директорами хедж-фонда Two Sigma Investments. В прошлом году Hamilton объединился с AIG и Two Sigma в совместное предприятие, чтобы продавать онлайн страховку малым предприятиям, используя передовую аналитику данных. В понедельник три компании объявили о расширении этого партнерства. AIG также объявил о планах по заключению контракта с компанией Two Sigma по "платформе страхования следующего поколения для использования в AIG", при этом конечная стоимость соглашения для AIG составит около $250 млн в течение пяти лет. После работы в ACE и Marsh & McLennan г-н Дюперро вышел на пенсию, но пошутил на конференции в прошлом году: "Я просто не очень хорошо нахожусь на пенсии". В частности, покинув пост после выхода на пенсию из Marsh, чтобы создать Hamilton, он cказал, что был мотивирован энтузиазмом применения передовых методов наукоемких данных в индустрии страхования от несчастных случаев на производстве. "Я действительно верю, что это один из самых волнующих моментов в этой отрасли за 40 лет, прошедших с тех пор, как я присоединился к ней", - сказал он. На текущий момент акции American International Group (AIG) котируются по $61,51 (+0,84%) Информационно-аналитический отдел TeleTradeИсточник: FxTeam

11 мая, 15:42

Primerica (PRI) Q1 Earnings Miss, Revenues Beat Estimates

Primerica, Inc. (PRI) reported first-quarter 2017 operating income of $1.11 per share, which missed the Zacks Consensus Estimate of $1.15 by nearly 3.5%.

10 мая, 16:41

Sun Life Financial (SLF) Q1 Earnings Decline, Dividend Raised

Sun Life Financial Inc.???s (SLF) first-quarter 2017 underlying net income of $423 million (C$573 million) declined 1.5% year over year.

09 мая, 16:41

Maiden Holdings (MHLD) Q1 Earnings Miss, Revenues Grow Y/Y

Maiden Holdings, Ltd. (MHLD) reported first-quarter 2017 earnings per share of 26 cents, which missed the Zacks Consensus Estimate of 38 cent

08 мая, 16:11

Berkshire Hathaway (BRK.B) Q1 Earnings Miss, Decrease Y/Y

Berkshire Hathaway Inc.'s (BRK.B) first-quarter 2017 operating earnings of $1.44 per share missed the Zacks Consensus Estimate by 15.8%.

05 мая, 16:47

Alleghany (Y) Q1 Earnings Miss, Revenues Beat Estimates

Alleghany Corporation (Y) reported first-quarter 2017 operating earnings of $7.29 per share missed the Zacks Consensus Estimate of $8.29 by 12.1%.