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Saturday, November 24, 2012

 
 
 
El Historico Hipodromo de Hialeah - Benjamín F. DeYurre

by Hialeah Park on Monday, November 19, 2012 at 12:28pm ·

 


El hipódromo de Hialeah tiene mucha historia que contar, en la cuál ha sido protagonista principal.
 
En el año 1922 y bajo el nombre de Miami Kennel Club, el ahora hipódromo fué el primer circuito para carreras de galgos en EE.UU. El 15 de Enero de 1925, el hipódromo comienza a ofrecer el espectáculo de los reyes: competencias de caballos purasangre de carrera.
 
El gran huracán que azotó a la región en 1926 impulsó grandes cambios en el hipódromo de Hialeah. No se escatimó ningún esfuerzo en su rediseño. Fué así como las escaleras siguieron el diseño de los hipódromos de Ascot en Inglaterra y Deuville en Normandía. El paddock descubierto se asemeja al de Longchamp en Francia. Un tunel de acceso a la pista es similar al de Epson Downs en el Reino Unido. Las terrazas y barandas están inspiradas en el afamado casino de MonteCarlo. No en balde el hipódromo de Hialeah es considerado por los hípicos como el mas bello del mundo.
 
Yá para el 14 de Enero de 1932, el hipódromo se destacaba como uno de los sitios mas elegantes y concurridos en EE.UU.. Por esa fecha, el siempre innovador hipódromo de Hialeah, tuvo el honor de inaugurar la primera pista de hierba en EE.UU. También instaló el primer sistema totalizador de apuestas en el pais.
 
Personajes de talla mundial eran vistos a menudo en el hipódromo. Los duques de Windsor, Churchill, Sinatra, Truman y muchos otros visitaron repetidamente sus predios. Amelia Earhart, en cuyo honor se desarrolló el parque Amelia de Hialeah, en 1937 pronunció su discurso de despedida en el hipódromo, antes de desaparecer con su avioneta cuando pretendía ser la primera mujer en darle la vuelta al mundo piloteando un avión.
 
Los mas famosos caballos purasangre de carreras estuvieron en Hialeah. Entre ellos “Citation”, quién para seguir engrandeciendo la fama del hipódromo, fué el primer caballo en ganar un millón de dólares en EE.UU.. El imponente caballo ganó la triple corona y dejó un record de 27 carreras ganadas y dos segundos lugares en 29 intentos. Su memoria fué inmortalizada en una estatua de bronce, esculpida en Florencia-Italia, que actualmente permanece en los jardines del hipódromo como testigo mudo de un resplandor que continúa hoy en día.
 
En 1977 el criador y urbanista John Brunetti Sr. asumió el control del hipódromo de Hialeah con el firme propósito de preservar su historia y magnificencia, como corresponde a una institución listada en el Registro Nacional de Sitios Históricos de EE.UU.
 
Con el trancurrir de los años, muchos cambios económicos surtieron efecto en EE.UU.. La ciudad de Hialeah, con sus negocios y habitantes han tenido que enfrentar estos cambios. Un desempleo galopante ha azotado a Hialeah y zonas circundantes. Multitud de empresas, antaño florecientes en Hialeah, han desaparecido o trasladado sus operaciones a China u otros paises. Sin embargo, el hipódromo de Hialeah ha permanecido fiel a su ciudad y a sus habitantes, gracias a la perseverancia de sus oficiales, en especial el Sr, Brunetti. También, importantes personajes de la comunidad, como el comisionado condal Esteban Bovo Jr., el Alcalde de Hialeah, Carlos Hernández y el ex-alcalde de la ciudad Julio Robaina, así como otros oficiales electos, han prestado toda su pericia y relaciones para ayudar al hipódromo de Hialeah.
 
Por la misma situación económica que ha venido atravesando el pais, los hipódromos, canódromos y Jai Alais, se han visto en la necesidad de complementar sus ingresos con la instalación de Casinos de juego en sus predios. El hipódromo no Hialeah no es una excepción y yá tiene en marcha obras en construcción para albergar en sus inicios 900 máquinas tragamonedas como parte de una inversión estimada en $1.000 millones, previéndose su apertura para mediados del año 2013.
 
Desde el año 2009, el hipódromo de Hialeah viene ofreciendo al público las famosas carreras de caballos cuarto de milla. Estos corpulentos caballos especializados en distancias cortas proporcionan un espectáculo muy emocionante por sus llegadas electrizantes. Normalmente, los resultados de las apuestas son muy atractivos y por ello el público acude masivamente.
 
Realmente, en la última década, ha existido una fuerte competencia entre todos los hipódromos del estado de La Florida. Y todos los que tienen una temporada de carreras con caballos cuarto de milla, por ley estatal, pueden aceptar las apuestas “simulcast” de otros hipódromos nacionales. Inclusive, hasta caballos cuarto de milla que participan en rodeos, al parecer califican bajo esta ley, que al momento de escribir este artículo, aún no ha sido sancionada por la corte.
 
Lo que en definitiva sería un éxito económico, es un consenso de los otros dos hipódromos cercanos a Hialeah en un área de 50 millas, en el sentido que cada hipódromo tenga unas fechas exclusivas de operación. Esto es debido a que la población equina no es suficientemente grande como para llenar un mínimo de competidores en cada carrera, si es que los hipódromos, incluyendo Hialeah, compiten en una misma temporada.
 
Como vemos, el resplandor y la historia del hipódromo de Hialeah, continúa. Con inconveniencias y dificultades, contra viento y marea, el hipódromo de Hialeah vislumbra un porvenir extraordinario. No es fácil, pero lo está logrando. Y las cosas buenas se hacen esperar. Ese es el eterno e histórico hipódromo de Hialeah.


Monday, November 5, 2012

HOW TO DEVELOP A DEMOCRATIC CUBA

 
 
 
 
 
 
 
Published in El Nuevo Herald on Junio 03, 2012
 
 
After long periods of dictatorships, usually appears longest periods of Democracy, as in Venezuela after Juan Vicente Gómez, Portugal after Salazar and Spain after Franco. Only a successor, not monarchical, to inherit power in North Korea on the death of his father Kil Il Sung. Although the situations are different for Asian idiosyncrasies often worship their idols, in Cuba until now there is a successor in the figure of Raul Castro, who because of age will not remain for long in power. Raul said the following at the Sixth Congress of the Communist Party held last year "..... I assume my last task of never permitting the return of the capitalist regime." Despite these statements, following the continuity of history, it is expected that the system disappears with Raul and a capitalist development model is established on the island.

In Cuban society there are four clearly defined group, those with a home that does not want to miss when private ownership returns. Those who have been beaten or killed civilians and always be fearful of justice. Officers in charge of state agencies that have borrowed to the country and do not generate resources to repay the loans.
The military who after graduation, have had to take to tip beatings of civilians, including the Ladies in White, and filled to the brim the Cuban unhealthy and dark dungeons.

Actually there is a consensus that predicts the fall of communist regime by implosion, repressed to pop the widespread discontent among the people. There are two possible scenarios involving these four groups; took power a board of civilians or take a board of military power.
In either case, a number of measures must be adopted by the board of the moment: 1. - Accept the nomination of political parties and convene presidential elections, provincial and municipal in the next 90 days. 2. - Reinstate the rule of law in its entirety, that is, reform the penal code, reissued titles, registers and Cadastre. 3. - The construction of public works will require a capital of approximately $ 100,000 million. In this regard the Board will authorize the issuance of sovereign bonds that quote in the capital market. Also accept (but not manipulate) new low-interest loans from the World Bank, the IDB and the IMF, as well as international aid from many countries such as USA who through the Helms-Burton has promised to help with $ 10,000 million for a Democratic Cuba. 4. - Eliminate the ineffective internal circulation of Cuban peso and the convertible 'Chavito'. Instead, before establishing its own currency, the dollar should begin to regenerate faster monetary policy. Yet despite the weaknesses that can display the dollar by the projected rise of Chinese Yuan, the two million Cubans living in the U.S. who maintain bank accounts in that currency, are a strong endorsement of the business in Cuba.5. - Disown the current debt and leave Cuba cleanly from scratch. This debt consists of the $ 30,000 million to Cuba due to the Paris Club (17 European countries, Canada, USA and Japan), the $ 27,000 million convertible rubles due to the former USSR and more than $ 15,000 million owed to Venezuela. 6. - No evicted from their homes to current tenants, but will establish a minimum income for those living without paying. The amount of such income shall be deposited in banks to be claimed by those who retain the original title. A controversial legislation be adopted to avoid eviction in case of sale of the property. 7. - Decree a general amnesty to public offenses, always and when there are not proven crimes  like the murder of Brothers to the Rescue, or the slaughter of civilians in the tugboat 13 de Marzo. 8. - Prohibit possession of firearms to civilians. This will avoid possible vendettas for past abuses. 9. - Appoint a committee of 'notables' consists of 13 local characters and exile, whose real interest is the re-inclusion of Cuba on the world market. These 'significant' economic interests should not have, themselves or associated material recovery in Cuba. As expected, massive capital inflow to the island, the main function of this committee 'remarkable' will accept and publish tenders for media: Rebuilding entire blocks currently collapsed, completely remodel the historic centers of cities, Revamping beaches and other tourist centers, build public works such as hospitals, schools, roads, bridges and barracks.

Cuba now and for many years, has been in bankruptcy. While countries like the USSR and Venezuela now have funded, along with remittances from exiles, the reality is that the economy collapsed pemanece, much more so than the disastrous Greece, who, despite having the same number of inhabitants (11 million ) exported a value of $ 21,000 million while Cuba alone exported $ 3,300 million last year. No matter what attempts are made to look like the present for the economies of China and Vietnam, with its unprecedented plan to sack 500,000 civil servants, just make everything worse by the inability of the system to absorb those jobs. Slowly, very slowly, the pressure continues to rise in the pan, until boiling point such that inevitably burst. 
Then, begin construction of a new Cuba, a Cuba that will reclaim its previous place of honor as the foremost Hispanic country in Latin America.

One aspect to be considered only at the beginning: this is the euphoria of the exiles and tourists visiting the island, which will shift the board's inability to manage infrastructure and vehicle fleet to meet foreign demand. Even cruises will begin offering itineraries to Cuba. Indeed, the future is flattering, very flattering.
BENJAMIN F DeYURRE
Economist and journalist

The Business of renouncing U.S. Citizenship

 
 
 
                                      
Published in El Nuevo Herald on May 24, 2012
 
 
 
 
 
Studying in one of the best private schools in Miami and famed Harvard University.  Co-founding Facebook and amassing a fortune of $ 2.880 million. That's all very well, except the fact renouncing U.S. citizenship.  This is the case of Brazilian Eduardo Saverin, 30.
 
 After this country that has given him everything: home, studies and fortune apparently found no better way to thank the sort to give up U.S. citizenship. Of course, there are always studies, but to fortune, to that it does not waiver.
 
 Saverin argues that U.S. law Foreign Account Tax Compliance Act (FATCA) requires banks to report foreign accounts movement of U.S. citizens abroad.  If banks do not report these balances will be subject to a penalty of 30% of the profits of U.S. financial assets.  Likewise, if the Americans owners of these accounts do not report any activity that exceeds $ 50,000, shall be fined with 40% of the undeclared amount.
 
 All this seems logical.  However, Saverin has been living in Singapore for the past few years and this is a country that does not tax capital gains, unlike the United States, which imposes a minimum of 15% on such dividends.  Moreover, the implementation of FATCA will be completed by 2014 and so far only France, Germany, Italy, Spain and the UK have accepted this agreement.
 
 In response to this move by Saverin, Democratic Sens. Bob Casey and Chuck Schumer are proposing a new law known as Ex-Patriot, by which it will impose a 30% tax on capital gains to those who renounce U.S. citizenship .  They are also physically prevented from entering U.S. territory.
 
 Perhaps due to future full implementation of the law of FATCA bank reports,  the renunciation of U.S. citizenship has increased from 235 cases in 2008 to over 1,700 in 2011. Even, a Geneva-based organization called American Citizens Abroad, representing six million Americans abroad, has launched a campaign to repeal the law FATCA because since last year, major European banks with operations in Switzerland have begun to close U.S. accounts with activities in the capital market.
 
 If we see, the renunciation of U.S. citizenship is a business, should be treated as such. En ese sentido lo que es igual no es trampa. In that sense what is the same is not trap.  United States has the right to defend itself and protect its values.
 
 Economist and Journalist.

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Friday, November 2, 2012

INDIVIDUAL FREEDOMS IN USA


 
Published by El Nuevo Herald on November 1, 2012


One of the basics of our system is the individual freedom that moves the springs drives of entrepreneurs. That's why many advocate the elimination of regulations that supposedly are suffocating the private sector. However, the question that comes up is more How can you grow an economy where the private sector does not offer jobs and the banking sector does not lend?

Over the years there has been systematic relocation of U.S. production factors to other countries, particularly China. Most U.S. investors have placed their resources outside the country and have advised their clients and associates the same proceeding.
If the majority of private resources are outside the country, how can we continue with a sustained economic recovery?

Most U.S. financial obligations are held by Chinese and Arab. The bonds of U.S. public debt have been mostly acquired by China and Arab countries. The payment of this debt at maturity, draining public resources that in turn, should be used to finance domestic growth. How can we deal with the trade requirements of China and Arab countries without enrage them?
Could this situation be a possible influence in the U.S. debt Refinancing?




Now, we know that jobs aren't being created and loans aren't being given. We also know that the private sector has outside its resources and the public sector is mortgaged to other countries.
We wonder whether some regulations are justified to help our country.
-In U.S. business can earn a million dollars a day and having a single employee or none.
-In U.S. exists freedom to opening a business anywhere in the world.
-In U.S. funds can be placed in any other country of your choice.

It is time that we realize that economic model we know has to change. Without affecting individual freedoms ever, we must recognize that certain measures should be taken in order U.S. continue its global hegemonic role.
We can not keep allowing some practices that are detrimental to our country and are made under the individual freedoms given to us.

BENJAMIN F.
DeYURRE.
Economist and Journalist