Call it the Social Network Moment: first Mark Zuckerberg went from obscurity to infamy… now it’s Facebook co-founder Eduardo Saverin’s turn.
After claiming that Mark Zuckerberg betrayed him in the development of Facebook, now Saverin is being a called a “tax-pat” since he relocated to Singapore (in 2009) and recently renounced his American citizenship. That move has been seen as a strategy to avoid paying taxes on the money he has made from the Facebook IPO. He has received heavy criticism for it, prompting a couple of senators (like Charles Schumer – Democrat from New York) to write politically astute but practically meaningless bills. Such bills have little chance of passing anyway.
Still, Saverin was in a good mood this week, extending congratulations to the Facebook guy in charge… even if he didn’t spell his name correctly. Saverin congratulated his fellow co-founder and company CEO Mark Zukerberg for turning a dorm room start-up into the largest tech IPO in history: “Congrats to everyone involved in the project from day one till today, and I especially wanted to congratulate Mark Zukerberg on keeping tremendous stead-fast focus, however hard that was, on making the world a more open and connected place.”
Except that Saverin spelled Zuckerberg’s name incorrectly, leaving out the “c’ in Zuckerberg’s last name. I know, I know… a “c” isn’t one of the more common letters used in most words. It escapes most words, unless it is the frequently mispronounced “ecscape.” Keep in mind the most common letters in the English language are (in order) E, T, A, O, I, N, S, H, R, D, L, U. (You can post a Facebook “Thank you” to me when you win big on Wheel Of Fortune.)

Saverin posted the congrats to his former Harvard schoolmate on (what else?) — Facebook. He included a bit of nostalgia; a screenshot of the social network (“thefacebook”) from its early years. On the screenshot, Zuckerberg is listed as “Founder” and Saverin is listed as “Brazilian” — a little reminder that he was not born a U.S. citizen.

It just goes to show that a Harvard education ain’t what it used to be. Then again, he is smart enough to preserve his wealth in a state can’t even come close to balancing a budget, but would gladly throw money away on a lost cause like a high-speed rail.
If Saverin were a resident of CA when he cashed out, he’d pay 10.3% of the profit to a state that treats capital gains as ordinary income. If either(or both) of the state’s “millionaires tax” propositions are passed by the voters in November, he would pay 13.3%. Or 15.3%. But by leaving the state and moving to a place with no capital gains tax, he will pay no such tax. Any newly-created Facebook IPO California multimillionaire who must pay such a California capital gains tax surely must realize this. Come on, California — do you really think your tax policies haven’t had anything to do with the constant flight of businesses from your golden state over my entire adult lifetime?
Or does Eduardo Saverin have to spell it out?

Dick Clark — TV gameshow host, New Year’s Eve host and powerful producer in the music industry — has died at the age of 82. Age meant nothing when one thought of Dick Clark, for he was lovingly referred to as “America’s Oldest Teenager.” “America’s Oldest Teenager” on TV’s ‘This Is Your Life’… In statement…

There is a striking imbalance in the media when it comes to insults on the sexes. Not only is there a disparity in the quantity and frequency, but the severity is also disproportional between invectives hurled at men and women. It is sad commentary that we can quickly name the recent offense uttered toward a…

As many of you are now aware, Bill Maher (as well as a host of other commentators on the left) has a long history of making sexist, uncivil comments with regard to conservatives, and conservative women in particular. In fact, Maher’s misogyny has gotten so out of hand, that now many noted liberal columnists, such…

In case you were in the kitchen, refilling the Super Bowl chicken wing platter, Clint Eastwood appeared in an ad for Chrysler and made a patronizing plea for the American people to be good little sheep and settle down during the upcoming presidential election. He may not have stated so directly, but it’s fairly obvious……

The Surrogate, a 2012 Sundance selection, is a frank examination of the necessary human need for physical interaction. Written and directed by Ben Lewin, the film based on the true story of Mark O’Brien — a 38-year-old man, played by consummate indie star John Hawkes — who was debilitated by polio as a child and…

The last week of walking around in the pleasant Park City weather at the Sundance Film Festival has been a wonderful experience. I’ve seen a good balance of serious, dark, and funny films. Something that is nice for a festival known for its distinct edge. While many come to Sundance looking for gritty, serious, and…

We’ve learned not to call it a “plain” M&M (call it a milk chocolate M&M). Now it’s time to finally embrace one that, until this point, hasn’t been known for much of a personality. But it’s getting one soon. That’s right — “Team M&M” is fighting for a little respect, and they’re going for it…

This year the organization behind the Grammy Awards, the National Academy of Recording Arts and Sciences (NARAS), will give its Trustees Award Grammy to none other than late Apple co-founder Steve Jobs. The special awards will be given out during a Grammy Week ceremony on Feb. 11, the day before the 54th Annual Grammy Awards…

New York University professor of film studies José Angel Santana gave Oscar-nominated James Franco a ‘D.’ He says he lost his job for doing so. Unlike some professors in the department who might have attempt to get in good with Franco by giving him good grades, Santana has upheld academic honor. In the New York…