Subscription Information
We Thrive In Bringing You The Best Information, In-Depth Analysis, Oppotunities !

Members Login


            Every American knows of the existence of the Statue of Liberty and has seen a picture of it, but the story behind is not well known and a believer of Democracy should know more about it. What is well known is that the Statue of Liberty was given by the French government to the American people and sculpted by a French sculptor, Auguste Bartholdi. The inner frame supporting the statue was build by the famous engineer Gustave Eiffel.

             That seemed to be for the American government a wonderful deal. In appearance the only thing they had to do was to receive a gift, the statue. It was a very large and heavy statue, so the Americans had to build a large pedestal made of stone and concrete. Money had to be found by the American government or the City of New York to build this pedestal.

               The French created the "Union Franco American Committee" to raise funds in France to finance the Sratue and they did it successfully. After some reluctance, the American Congress accepted the Statue.

               As the statue was to be erected on New York City land, it was assumed that the City of New York, as well as the Federal Government would come up with the money for the pedestal. However, the mayor, the United States President, Glover Cleveland, and the richest and powerful inhabitants of New York such as J.P. Morgan, Mr Vanderbilt and their wealthy friends nicknamed the robbers baron, (at this time, New York was without contest was the richest city in the United States), opposed very strongly the idea of the Statue of Liberty standing on New York soil. Because, they said, the Statue of Liberby will give ideas of freedom to the poor who were almost slaves in their factories.

                No money came from the rich Americans, no money came from the mayor and the City of New York, no money came from the Federal Government.

       Many people, among them, a young journalist, Mr. Pulitzer, decided to raise money nationwide in many different ways to build the necessary huge pedestal to erect the Statue of Liberty. They started among other ways, to sell postcards, posters, little cups with the statue picture on it and many other everyday objects. To raise the very important sum for the pedestal they had to sell tens of thousands of these objects involving an army of volunteers. Almost all of them among the underprivileged classes. Despite the tremendous efforts of tens of thousands of people the money raised was not sufficient but that is a true example of a good side of democracy. When people bind together to defend a just cause.

               The same people became more inventive and the committee negotiated a contract with many companies allowing these companies to use the picture of the Statue of Liberty and the name to advertise their products, any kind of products, drink, food,and also very small statues of liberty  in exchange for money paid for building the pedestal.
The little Statues of Liberty were made in France in the work shop of its owner; Mr GAGET
The American prononciation transformed immediatly into the spelling of GADGET and the name stuck to characterize little objects pleasants and not too expansive.
The miniature Statue of Liberty is officially the first Gadget ever named like that and it will have many successors.

           They were still short of money and Mr. Pullitzer called on a poet, Miss Emma Lazarus to write a poem, quote, "The New Colossus", who became very famous, still now, and the first line read, "Give Me Your Tired, Your Poor.....". And at the same time, as there was a passionate momentum for this project, he raised the remaining of the money by printing in his newspaper the list of the donors among the poor, who gave pennies and dollars to raise the amount of $102,000.

           At the same time, Mr. Vanderbilt’s daughter gave a party dressed as the Statue of Liberty. This party cost more than the money needed for the Piedestal.

 On October, the 28 of 1886, the Statue was finished and erected after 21 years of planning, sculpting and fund raising.President Glover Cleveland, did an about-face and attended the ceremony.

Women were forbidden to attend the ceremony, but they chartered a boat, stormed the island and attended the ceremony anyway.

Now the Statue of Liberty was standing proudly on American land.

If you like writting and explaining topics that you know well I recommend that you take a look at a tool that will help you enormously to write and publish an Ebook. Even if it is not one of your priorities this Ebook will help you communicate better and analyze any concept better,
I recommend it heavily. Click this link



                                GEORGE WASHINGTON
                                                     POWER AND DEMOCRACY


    Of extraordinary importance is that George Washington literally held in his hands the power to make the United State of America a Dictatorship, a Kingdom or a Democracy.
Not only on one but also on three occasions without any effort on his part he had the power to turn the U S A Democracy into a Kingdom or a Dictatorship.
     What is admirable and of huge consequence for the USA today is that he put his efforts into showing for the future generations how a leader should, himself restrict his power in order to allow the Government of the People by the People to continue to be a reality.

The first example is when he was challenged as the commander of the army by opposing ambitious generals who had connection in the congress.
Acquaintances of his in Virginia wrote him a letter explaining in short that they could make him Governor in Virginia and from this position of force he could gain control of all the United state and render the Congress impotent.
George Washington very politely but in no uncertain term declined the offer.

The Second example took place in 1783. After the victory against the English, a real dissatisfaction was felt by the soldiers in the army because even if they had been victorious they had not been paid and fed or equipped decently by the civilian government, that was the Congress at this time.
     The majority of the officers wanted to march to the capital, then seize New York and overthrow the Government.
     They wanted George Washington to become King of the Nation.
     George Washington had to make a very moving address to these officers in order to calm the Army into not tempting a coup.
     The extraordinary element is that Washington had to put all his efforts and talents into not becoming a King.
      He disbanded the army and returned to his plantation as a civilian.

The third example was after he was elected for two, four year terms as President of the USA and at this time. There was no limitation in the constitution of the number of terms a President could serve as the head of the Government.
      President Washington refused to serve a third term as President, thus refusing to become a President   "for life," which is in fact a Dictatorship.  By doing so he set the scene for the generations to come.
     He basically, by his actions, delivered the following message;

           You do not become a great Democrat by seizing Power, but by giving the Power back to The People who entrusted it to you.
          George Washington had defined for the Centuries to come the American Democracy not by words but by example

Extensive George's Washington biography at:


                              BENJAMIN FRANKLIN

Benjamin Franklin all his life was applying what we call now 200 years after a healthy way of life.
An accomplished swimmer he taught other people to swim and demonstrated to his friends in Boston and England that he could swim four or five miles in a river without being tired.

He slept all year long with the window of his bedroom open, exercised half naked in front of his open window at sunup doing his aerobic, kept  a very frugal diet without drinking any alcohol till his golden years when he indulged in elaborate food and good wines.
In short  he was as modern and healthy as any of us would wish to be today.

BENJAMIN FRANKLIN in his teens around  the year 1710 a good swimmer at this time designed and attached to his feet a pair of wooden flippers in order to swim faster and experimented them in the waterways around Boston.


Answer 0004              MONEY FROM BENJAMIN FRANKLIN

You could be Mark

Mark is one of 10 Penn College students receiving a scholarship funded with money Benjamin Franklin left in his will to benefit Philadelphia and Pennsylvania. Franklin's small bequest has grown to millions of dollars and is being used to support scholarships, symphonies, and projects in Boston as well.

In his will, the famous printer, philosopher and Founding Father first set aside 2,000 pounds sterling to be used toward making Pennsylvania's Schuylkill River navigable. But in a codicil, Franklin gave 1,000 pounds sterling each to the cities of Boston, where he was born, and Philadelphia, his adopted home.

"I wish to be useful even after my death, if possible, in forming and advancing other young men, that may be serviceable to their country in both these towns," wrote Franklin, who died in 1790.

Loans, philanthropy

But Franklin wasn't about to leave his philanthropy to chance. For the first 100 years after his death, the money he left was to be used to make low-interest loans to young tradesmen getting their start in business.

Franklin knew his bequest would grow over the years, so he stipulated that after 100 years about one-quarter of the sum should continue to be used to make loans, while the remaining three-quarters could be used for public works in each city.

That money helped to create The Franklin Institute of Philadelphia, an educational center and museum, and the Franklin Institute of Boston, a technical school now known as the Benjamin Franklin Institute of Technology.

And Franklin wasn't done there. He estimated that after 200 years his bequest would be worth millions in each city. At that point, the total was again divided, allowing Philadelphia and Boston to keep about one-quarter of the total, with the remainder going to their respective states -- and any restrictions on how the money could be used were removed.

In Massachusetts, that money has continued to support the Benjamin Franklin Institute of Technology.

In Pennsylvania, then-Gov. Robert P. Casey signed a bill in 1990 dividing the state's share -- about $1.7 million -- evenly between the Franklin Institute and Harrisburg-based Community Foundations for Pennsylvania, which then divided its share among the state's various community foundations.

Some foundations have devoted their grants to things Franklin had supported in his lifetime, such as firefighting -- with the Chester County Community Foundation's $1,300 grant to the Po-Mar-Lin Fire Company. Others grants have supported women's health and disabled children.

The Williamsport-Lycoming Foundation, which serves north-central Pennsylvania, received an initial grant of $64,000, which it later decided to use for scholarships.

"Even though, in a sense, these funds were unrestricted, Ben Franklin's suggestion that it be used to support young artificers served as sort of a clue for us," said Kimberley Pittman-Schulz, president of the Williamsport-Lycoming Foundation. "That's where we came up with the idea of funding some technical-education scholarships.

"The idea was -- What in our community would come closest to helping young tradespeople get started? -- and we really looked with the relationship with our area's technical college."

Trades, technology

To be eligible for the scholarship, students must come from the area served by the Williamsport-Lycoming Foundation and be a graduate of a tech-prep or vocational-technical high school program.

That was perfect for Tanya Budman, of Allenwood, a scholarship recipient and freshman in the college's heavy construction equipment technology program.

"I always liked to tinker with things as a kid, taking them apart and putting them back together," Budman said. "Growing up on a farm, there were always things to tinker with."

When she graduates, Budman hopes to get a job operating heavy equipment on construction sites.

Franklin could not have foreseen the massive diesel machines that Budman hopes to operate. Still, said John Alviti, senior curator of collections at The Franklin Institute, "he would have approved."

"A tradesman is what he was, what he apprenticed as, where he made his money initially and what his great wealth was based on," Alviti said. "He felt something was owed to that field, and that's why he sponsored that type of apprenticeship for those exercising a skill or craft."

It was not uncommon in Franklin's day for the well-to-do to leave large charitable bequests, and Franklin's was nowhere near the largest in Philadelphia's history. What was uncommon, Alviti said, was the way the bequest was structured, with very specific requirements at first, then an openness to new ideas over time.

That, Pittman-Schulz said, was what made creating the scholarships so rewarding.

"Very few organizations have the opportunity to manage money left by one of the country's founders," she said. "And for us in the community foundation field, it's also an example to our donors of what, if you set aside some philanthropy now, what can really happen in the future."

Web site Editor comment.

It is wonderful and exhilarating to know that today some young people will get their education thanks to the very money Benjamin Franklin has worked hard for it had saved and then gave away for this purpose.

LA  01/03/2003

You can copy, paste in word and print and share with who you want to.

First document at the end interesting facts in Italic and bold
Second documents show the Targeted Qualifying High Unemployment area in the Los Angeles area
( here are two links that lead to the complete text of the two articles
Investor visa

High unemployment zones that qualify for $500 000 investment instead of $1 million and many are in Los Angeles
EB-5 Immigrant Investor
Visa Description

USCIS administers the Immigrant Investor Program, also known as “EB-5,” created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a pilot immigration program first enacted in 1992 and regularly reauthorized since, certain EB-5 visas also are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.

All EB-5 investors must invest in a new commercial enterprise, which is a commercial enterprise:

Established after Nov. 29, 1990, or
Established on or before Nov. 29, 1990, that is:
1. Purchased and the existing business is restructured or reorganized in such a way that a new commercial enterprise results, or
2. Expanded through the investment so that a 40-percent increase in the net worth or number of employees occurs

Commercial enterprise means any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to:

A sole proprietorship
Partnership (whether limited or general)
Holding company
Joint venture
Business trust or other entity, which may be publicly or privately owned

This definition includes a commercial enterprise consisting of a holding company and its wholly owned subsidiaries, provided that each such subsidiary is engaged in a for-profit activity formed for the ongoing conduct of a lawful business.

Note: This definition does not include noncommercial activity such as owning and operating a personal residence.
Job Creation Requirements

Create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years (or under certain circumstances, within a reasonable time after the two-year period) of the immigrant investor’s admission to the United States as a Conditional Permanent Resident.
Create or preserve either direct or indirect jobs:
Direct jobs are actual identifiable jobs for qualified employees located within the commercial enterprise into which the EB-5 investor has directly invested his or her capital.
Indirect jobs are those jobs shown to have been created collaterally or as a result of capital invested in a commercial enterprise affiliated with a regional center by an EB-5 investor. A foreign investor may only use the indirect job calculation if affiliated with a regional center.

Note: Investors may only be credited with preserving jobs in a troubled business.

A troubled business is an enterprise that has been in existence for at least two years and has incurred a net loss during the 12- or 24-month period prior to the priority date on the immigrant investor’s Form I-526. The loss for this period must be at least 20 percent of the troubled business’ net worth prior to the loss. For purposes of determining whether the troubled business has been in existence for two years, successors in interest to the troubled business will be deemed to have been in existence for the same period of time as the business they succeeded.

A qualified employee is a U.S. citizen, permanent resident or other immigrant authorized to work in the United States. The individual may be a conditional resident, an asylee, a refugee, or a person residing in the United States under suspension of deportation. This definition does not include the immigrant investor; his or her spouse, sons, or daughters; or any foreign national in any nonimmigrant status (such as an H-1B visa holder) or who is not authorized to work in the United States.

Full-time employment means employment of a qualifying employee by the new commercial enterprise in a position that requires a minimum of 35 working hours per week. In the case of the Immigrant Investor Pilot Program, "full-time employment" also means employment of a qualifying employee in a position that has been created indirectly from investments associated with the Pilot Program.

A job-sharing arrangement whereby two or more qualifying employees share a full-time position will count as full-time employment provided the hourly requirement per week is met. This definition does not include combinations of part-time positions or full-time equivalents even if, when combined, the positions meet the hourly requirement per week. The position must be permanent, full-time and constant. The two qualified employees sharing the job must be permanent and share the associated benefits normally related to any permanent, full-time position, including payment of both workman’s compensation and unemployment premiums for the position by the employer.
Capital Investment Requirements

Capital means cash, equipment, inventory, other tangible property, cash equivalents and indebtedness secured by assets owned by the alien entrepreneur, provided that the alien entrepreneur is personally and primarily liable and that the assets of the new commercial enterprise upon which the petition is based are not used to secure any of the indebtedness. All capital shall be valued at fair-market value in United States dollars. Assets acquired, directly or indirectly, by unlawful means (such as criminal activities) shall not be considered capital for the purposes of section 203(b)(5) of the Act.

Note: Investment capital cannot be borrowed.

Required minimum investments are:

General. The minimum qualifying investment in the United States is $1 million.
Targeted Employment Area (High Unemployment or Rural Area). The minimum qualifying investment either within a high-unemployment area or rural area in the United States is $500,000.

A targeted employment area is an area that, at the time of investment, is a rural area or an area experiencing unemployment of at least 150 percent of the national average rate.

A rural area is any area outside a metropolitan statistical area (as designated by the Office of Management and Budget) or outside the boundary of any city or town having a population of 20,000 or more according to the decennial census.


© AllThePerspectives. All Rights Reserved.