If the words “Charlie bit my finger” mean nothing to you – you probably haven’t been near a computer in the past 4 years. The video of one year old Charlie biting his older brother’s finger went viral, and has accumulated almost 400 million hits.
In the past, this video might have earned Charlie’s parents a tidy little sum of money by submitting the video to a TV show a la America’s Funniest Home Videos and that would have been that.
In the age of the Internet, home videos have taken on a life of their own on YouTube, where contributors can find far bigger audiences, and a lot more money to be made. In the case of Charlie and his dad, Howard Davies-Carr, the 56 second video has received hundreds of millions of hits, and even earned itself a Wikipedia entry, turning the Davies-Carr boys into mini-celebrities, who even get asked to sign autographs. It has also earned them around £120,000 ($190,000), and they’re not alone.
Thanks to advertising on the video sharing site, through the YouTube Partner program, home videos can earn themselves anywhere from £8,000 ($12,000) to a whopping £100,000 ($160,000), if the video is an instant hit. There are several different payment schemes available on YouTube partners. You can get paid 60p ($0.95) per 1,000 views, or get paid each time someone actually clicks on an ad.
If you want to start making money off of your home videos, you will have to adhere to some of YouTube’s requirements, which include creating original content and that you “regularly regularly upload videos that are viewed by thousands of YouTube users, or you publish popular or commercially successful videos in other ways.”
Aside from making yourself a bit of extra cash on the side, you also get to access YouTube’s analytic tools and benefit from YouTube’s promotion.
With YouTube videos often going from the computer screen to network TV and guest appearances on popular talk shows like Ellen, YouTube’s potential for money and fame certainly isn’t something to be scoffed at.
Simply Zesty does make an important point, breaking down how much Charlie’s bite earned per hit – and it comes down to £0.001. While this is a minuscule figure at best, it is still money for nothing.
If you’re wondering what Charlie and his older brother Harry have been up to, along with younger brother Jasper, check out one of their latest home videos below:
http://jessescrossroadscafe.blogspot.com/
Posted on November 18, 2011
US Corporate Taxes As a Percent of Corporate Profits
"Once upon a time, the corporate income tax generated a significant share of tax revenues; now, it’s bumping along in the 2%-of-GDP range. Yes, the marginal rate of corporate income tax is high, at 35%. But US companies are extremely good at not paying that.
But at least we know the aggregate amount that corporations pay in taxes. What we don’t know — because they won’t say, and no one’s forcing them to say — is how much any given public company pays.
Allan Sloan has a very good column on this today. Companies already report 16 different tax metrics; they should simply be required to add a 17th — the amount they pay the IRS in taxes — which in many ways is most important. The companies already file tax returns; the number’s right there, on lines 31 and 32. They just refuse to say what it is."
Charts of the day, Corporate Income-tax Edition, Felix Salmon
One thing that is true is that the US has a high 'headline' corporate tax rate at 35%. This was used to justify the distribution of corporate profits as dividends that were made tax free.
But like most things in America, the headline numbers are one thing, and the reality behind the headlines is a very different picture. Some of the loopholes that allow 'offshoring profits' are eating like acid into the real economy. Why is this? As Jack Abramoff recently admitted, Congress is a willing vassal to the monied interests.
"During my years as a lobbyist, I saw scores of congressional staff members become the willing vassals of K Street firms before soon decamping for K Street employment themselves. It was a dirty little secret. And it is a source of major corruption in Congress."
And nothing will make this more clear than the discussions about the US budget. All politicians will work for tips and favors and campaign funds. But if you cannot spot who is on the full-time payroll of the 1 percent, then you might need to change your news channel.
The corporate propagandists do a good job of managing the American people. As one of the more pre-eminent of the pigmen once privately told me: 'Old people are the easiest to handle. You just scare them.'
Greed draws people in, and fear keeps them in line. Its a well-worn script. It is the basis for most ponzi schemes and financial frauds. It is the well-spring of a credibility trap.
The reporting on NYC financial TV was particularly repugnant this morning, as they called the OWS movement over, with nothing left but a few professional agitators.
They contrasted its lack of strict purpose and organized ideology with the much more compliant Tea Party Movement, that allowed itself to be reorganized around corporate advertising principles. It morphed from a financial reform movement into obedient lobbyists for the Koch Brothers and the monied interests.
And it angers the Wall Street demimonde that the loose organization of OWS does not permit an easy foothold with a few influential leaders that can be easily bought and scripted.
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The WSOP Circuit Harveys Lake Tahoe has featured will culminate this weekend with a $1600 Main Event. Check out our recap of the ring events thus far.
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Your daily cup of orange and blue coffee. Horse Tracks!
Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High ReportRachel Maddow Calls Out Fox <b>News</b>' New Low Against Occupy Wall <b>...</b>
Rachel Maddow pointed out that by trying to tie Occupy Wall Street to the man who shot at the White House; Fox News has reached a new desperate low. Here.
Rachel Maddow Calls Out Fox <b>News</b>' New Low Against Occupy Wall <b>...</b>If the words “Charlie bit my finger” mean nothing to you – you probably haven’t been near a computer in the past 4 years. The video of one year old Charlie biting his older brother’s finger went viral, and has accumulated almost 400 million hits.
In the past, this video might have earned Charlie’s parents a tidy little sum of money by submitting the video to a TV show a la America’s Funniest Home Videos and that would have been that.
In the age of the Internet, home videos have taken on a life of their own on YouTube, where contributors can find far bigger audiences, and a lot more money to be made. In the case of Charlie and his dad, Howard Davies-Carr, the 56 second video has received hundreds of millions of hits, and even earned itself a Wikipedia entry, turning the Davies-Carr boys into mini-celebrities, who even get asked to sign autographs. It has also earned them around £120,000 ($190,000), and they’re not alone.
Thanks to advertising on the video sharing site, through the YouTube Partner program, home videos can earn themselves anywhere from £8,000 ($12,000) to a whopping £100,000 ($160,000), if the video is an instant hit. There are several different payment schemes available on YouTube partners. You can get paid 60p ($0.95) per 1,000 views, or get paid each time someone actually clicks on an ad.
If you want to start making money off of your home videos, you will have to adhere to some of YouTube’s requirements, which include creating original content and that you “regularly regularly upload videos that are viewed by thousands of YouTube users, or you publish popular or commercially successful videos in other ways.”
Aside from making yourself a bit of extra cash on the side, you also get to access YouTube’s analytic tools and benefit from YouTube’s promotion.
With YouTube videos often going from the computer screen to network TV and guest appearances on popular talk shows like Ellen, YouTube’s potential for money and fame certainly isn’t something to be scoffed at.
Simply Zesty does make an important point, breaking down how much Charlie’s bite earned per hit – and it comes down to £0.001. While this is a minuscule figure at best, it is still money for nothing.
If you’re wondering what Charlie and his older brother Harry have been up to, along with younger brother Jasper, check out one of their latest home videos below:
http://jessescrossroadscafe.blogspot.com/
Posted on November 18, 2011
US Corporate Taxes As a Percent of Corporate Profits
"Once upon a time, the corporate income tax generated a significant share of tax revenues; now, it’s bumping along in the 2%-of-GDP range. Yes, the marginal rate of corporate income tax is high, at 35%. But US companies are extremely good at not paying that.
But at least we know the aggregate amount that corporations pay in taxes. What we don’t know — because they won’t say, and no one’s forcing them to say — is how much any given public company pays.
Allan Sloan has a very good column on this today. Companies already report 16 different tax metrics; they should simply be required to add a 17th — the amount they pay the IRS in taxes — which in many ways is most important. The companies already file tax returns; the number’s right there, on lines 31 and 32. They just refuse to say what it is."
Charts of the day, Corporate Income-tax Edition, Felix Salmon
One thing that is true is that the US has a high 'headline' corporate tax rate at 35%. This was used to justify the distribution of corporate profits as dividends that were made tax free.
But like most things in America, the headline numbers are one thing, and the reality behind the headlines is a very different picture. Some of the loopholes that allow 'offshoring profits' are eating like acid into the real economy. Why is this? As Jack Abramoff recently admitted, Congress is a willing vassal to the monied interests.
"During my years as a lobbyist, I saw scores of congressional staff members become the willing vassals of K Street firms before soon decamping for K Street employment themselves. It was a dirty little secret. And it is a source of major corruption in Congress."
And nothing will make this more clear than the discussions about the US budget. All politicians will work for tips and favors and campaign funds. But if you cannot spot who is on the full-time payroll of the 1 percent, then you might need to change your news channel.
The corporate propagandists do a good job of managing the American people. As one of the more pre-eminent of the pigmen once privately told me: 'Old people are the easiest to handle. You just scare them.'
Greed draws people in, and fear keeps them in line. Its a well-worn script. It is the basis for most ponzi schemes and financial frauds. It is the well-spring of a credibility trap.
The reporting on NYC financial TV was particularly repugnant this morning, as they called the OWS movement over, with nothing left but a few professional agitators.
They contrasted its lack of strict purpose and organized ideology with the much more compliant Tea Party Movement, that allowed itself to be reorganized around corporate advertising principles. It morphed from a financial reform movement into obedient lobbyists for the Koch Brothers and the monied interests.
And it angers the Wall Street demimonde that the loose organization of OWS does not permit an easy foothold with a few influential leaders that can be easily bought and scripted.
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Previewing the 2011-2012 World Series of Poker Circuit Harveys <b>...</b>
The WSOP Circuit Harveys Lake Tahoe has featured will culminate this weekend with a $1600 Main Event. Check out our recap of the ring events thus far.
Previewing the 2011-2012 World Series of Poker Circuit Harveys <b>...</b>Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High Report
Your daily cup of orange and blue coffee. Horse Tracks!
Denver Broncos <b>News</b>: Horse Tracks - 11/19/11 - Mile High ReportRachel Maddow Calls Out Fox <b>News</b>' New Low Against Occupy Wall <b>...</b>
Rachel Maddow pointed out that by trying to tie Occupy Wall Street to the man who shot at the White House; Fox News has reached a new desperate low. Here.
Rachel Maddow Calls Out Fox <b>News</b>' New Low Against Occupy Wall <b>...</b>
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