November 19, 2013 |
The economic contributions of U.S. copyright industries reached new heights last year, for the first time contributing more than $1 trillion to the gross domestic product and accounting for 6.5% of the nation's economy, according to a new report. The study tracks the economic effect and contributions of U.S. industries engaged in the creation and distribution of computer software, video games, books, newspapers, periodicals and journals, as well as motion pictures, music, radio and television programming.
November 13, 2013 |
Michal Ruminski was 6 when his father took him through a local supermarket here. The store shelves were empty, except for some bottles of vinegar, but that was precisely the point. His father wanted the young boy never to forget the deprivations of living in a backward communist state. Today, streets once patrolled by soldiers and armored vehicles now teem with trendy cafes and tony boutiques, not to mention grocery stores filled to bursting. And Ruminski, now 39, as managing partner of a venture capital firm, can provide his wife and his own 6-year-old son all the comforts of life.
November 11, 2013 |
Like many Republicans - what's more, like many Americans - I regard Ronald Reagan as my political hero and inspiration. For conservatives who came of age in the 1960s and '70s, President Reagan offered a principled and compassionate argument for individual freedom and an equally compelling case for personal responsibility. In 1989, Reagan described his view of America "as a tall, proud city built on rocks stronger than oceans, wind-swept, God-blessed and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity.
November 9, 2013 |
BEIJING - The Chinese leadership is hyping a Communist Party meeting that began Saturday as the greatest financial rethink since leader Deng Xiaoping launched China's economic revolution in the late 1970s. In keeping with past patterns, the Chinese will not divulge specifics of the four-day session here until it concludes. But proposals that have leaked out in recent weeks include easing business regulations and liberalizing interest and currency exchange rates. The economic revolution launched more than three decades ago is still unfinished, leaving the country with a hybrid economy sometimes waggishly referred to as "capitalism with Chinese characteristics.
October 30, 2013 |
VH1 will look at hip-hop's influence on culture with a four-part documentary, the network announced Wednesday. Based on Steve Stoute's best-selling book, “The Tanning of America: How Hip-Hop Created a Culture That Rewrote the Rules of the New Economy,” VH1's documentary will provide a visual history of “the hip-hopification of America” -- which Stoute coined in his book as “tanning.” The series, which falls under the network's Emmy-winning...
October 28, 2013 |
A budget panel composed of Democratic, Republican and independent members of the Senate and House is working on ways to avoid another government shutdown like the nightmare we all were just forced to endure. As a member of that committee, I realize that our $17-trillion national debt and $700-billion deficit are serious problems that must be addressed. But I also realize that real unemployment remains close to 14%, that tens of millions of Americans with jobs are paid horrendously low wages, that more Americans are now living in poverty than ever before, that wealth and income inequality in the U.S. is greater than in any other major country and that the gap between the very rich and everyone else is growing wider.