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Wednesday, 31 October 2018

EUexit is not about money, it is about Freedom

There are two sides to BRexit - the economic and the political. The reason why businesses do not have a vote is: society is comprised of people and people are, supposedly via the ‘social contract’, represented by government.  Business interests are of relevance but the economic is secondary to the political in terms of the interest’s of the people. 

Just because the economy and business would do better that would not, for example, justify having a despotic totalitarian government.  People come first.

Businesses have to fit-in with the political landscape that is generally best for people. That does not mean businesses needs are of no relevance, clearly society needs a thriving economy so it is greatly a balance. 

Where there is a fundamental people rule. Exiting the EU is a political fundamental. If the EU was just a common market as originally described we would still be a willing partner I am sure. But it is not. The EU has become a political construct and it is that which has been firmly rejected by a majority of British people in a democratic referendum. 

Live with this change. We will adapt. Stop whining about economic downsides because that is not what is important. Leave understands the political need for independence.

Wednesday, 17 May 2017

Money and Currency

Money is a store of wealth that may be possible to use as a means of exchange and currency is a means of exchange that may be possible to use as a store of wealth.  Definitions are important.

Wednesday, 6 April 2016

Offshore Tax Avoidance & Cameron's Panama Hat

Another stage-managed 'leak' of documents enamours the world as this time the mainstream media tell tails against the ready made usual suspects of most wicked who have been off-shoring their wealth in tax-havens.  Naughty naughty.

Strange it is that amongst this cast of pantomime villains David Cameron, Britain's own beloved leader, is probably 'at it' too as it is evident his deceased father was an expert in the tax avoidance industry and operated companies to manage his wealth outside of the reach of the UK tax-man's grasp.

Strange it also is that David Cameron makes oblique statements about if he and his family derive benefit, or will someday derive benefit, from something that in all probability, near certainty, beyond reasonable doubt, exists: a substantial pot of gold buried on a treasure island with a pirate's map only they have possession of.  Why else would his father have formed off-shore companies with board meetings in Switzerland and all if there was no more than the £2.5 million declared in the UK at his death.  That is not enough ever for a decent London house these days.  We can see; David's wearing a Panama, we can see.

The retching hypocrisy is only illustrative of the quality of the material that survives the political system to rise to the top.

But in the wider scale of things, outside of the blatant perfidy, I am happy the wealthy work so hard to conceal and protect their lucre from taxation and death duties.  It is a war of attrition.  The higher taxes are the harder more wealthy folk will work to find the loopholes.  But the harder it is to find the loopholes the higher taxes will become.  If taxes were very low avoiding them would only need to be a little bit complicated.  As taxes rise most taxpayers would take prudent steps to avoid incurring them if it is simple and economical to do so.  High wealth tax payer's desire to invest in tax avoidance mechanisms helps keeps tax levels low.

If it is to be believed; JK Rowling famously admits to paying UK taxes without taking advantage of avoidance strategies and yet she is still one of the richest people in Britain.  How can this be?  She is a world wide best selling author and clearly has won substantial royalties all round but it is not like she owns and controls a giant global petro-chemical industry or media and aviation empire.  Her publisher's should be earning a few bob too and on other writer's works also.  Could it be she is showing that almost all the truly well-off do not have their money as visible as she does.

Apparently most multi-millionaires are self-made.  Is that because they fritter their spoils away in later life or is that because their eventual beneficiaries have trust-funds and off-shore investments made ready for when the time comes to pass it on.

The various means of tax planning for the wealthy are not the exception they are the norm.  You do not get to earn a fortune to let half of it vaporise in death duties, you do not have that mentality.  You do not pay more in tax than you can legal avoid either.  And the more that is at stake the more time and fees you will invest to hold-on to it. That is just good business.

None of this simple commercial reality for the taxation of the prime yielding human-herd tax-livestock is not known to the policy setters.  They understand.  And more; they understand that the ultimate tax-avoidance includes exiting the nation with all your wealth.  People would rather be rich overseas than taxed into poverty.  People would rather live on their wealth than slave away to earn nothing after the tax-man has took it all.

There is a competitive market in the provision of a national tax-efficient environment and top of that game has been for years the United Kingdom - not for the residents, the domiciles, but for the non-domiciles it is treasure island incarnate, with shops and shows and glamour.  The UK is the biggest off-shore provider, especially in combination with its extra little tax havens dotted here and there about the world.  For the international money/power super-rich there has been nothing else like it.  Until now!

It is becoming apparent that for the globe-trotting ultra money clique the USA is sharpening its offer of hush-hush trust facilitation and with good reason.  Having their money in your banks keeps your 'printed' money in demand and, in the event of a global central banking funny 'money' over-issue crises there is nothing better than to have the rich of the world all keeping their eggs in your basket to focus their attention on keeping the USD then durable for a while longer still no doubt.

Thursday, 10 March 2016

Guidance for the Brexit Undecided - Go Back to Sleep

Great Britain, for tens of hundreds of years, has had an ever developing political, cultural, social and legal stability. So why do we need to tether our successful independence and sovereignty to the for-ever variable hotchpotch member states of the EU?

People who do not wish for this nation to be just a part of the EU still wish for the EU to be successful, strong, united and enduring.  We just do not want to be, or believe we need to be, a part of it.

If you are not sure already - not already 100% clear in your thinking - I strongly advocate you simply abstain from voting. Leave the matter to those with a clarity of conviction. If you are not already up to speed you are sleeping and a danger to our nation.

This matter has been progressing for fifty years, it is not about current issues, talking points, short term outcomes. It is about the sovereignty, prosperity and security of our nation. It is about who rules us. It is about the freedom of the British people long into the future.

Why I will vote in the Brexit Referendum

I shall not be voting to beg our political masters: please sir, can we leave this nest of vipers.

I will cast a 'vote' and by doing so I will be, simply and only, signalling the fact (putting on notice) that I no longer consider the political relationship between the UK and the EU to be a valid one or one that is applicable to me.

If the outcome is remain I shall be a dissident.

Remain a United Kingdom - Kiss EU Goodbye

What are you worried about, Dear Remmenents, what? Economic predictions, guesses, assumptions, estimates, opinions for the effect our nation's exit will somehow cause. Well my prediction, my guess, my assumption, my estimate, my opinion is that it will be all for the better and in the long term I am truly confident of that. But such matters not are the primary to me.

I want freedom, independence, autonomy, I want the established balance of the political and legislative system, that has been developed, tuned and worked so well in this country for so very long, to REMAIN. I am not voting to EXIT I am voting for this nation, to my mind the greatest mix of people and social system in the history of the world, to remain, remain a sovereign entity.

Even the language is false. Remain is the language of security, safety, ease. Exit is the language of fear, risk, the unknown. These are the choice of words that a Kafkaesque government would want to frame the question to err the minds of the gullible and pliant towards their version of 'truth'.

And such petty fears, of the remmenents, are just as simplistically formed by others too. Remmenents busy themselves with questions of business, finance and commercial interests when what should be foremost in their minds is enduring freedom. What poses the greatest risk? Being a part of a new, still forming state comprised from a hotchpotch of countries who have seen more shifting of boarders and powers in a hundred years than Britain has seen in ten thousand. If they want safety they are misguided as to the real nature of the real threat. The real risk.

It is not about short term prosperity it is about long term freedom.

Tuesday, 26 January 2016

Quotations: What Rulers Believe

Joseph Stalin
  • Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed.
  • Ideas are more powerful than guns. We would not let our enemies have guns, why should we let them have ideas?
  • Gratitude is a sickness suffered by dogs.
Mao Zedong
  • The cult of xenophobia is the cheapest and surest method of obtaining from the masses the ignorant and savage patriotism, which puts the blame for every political folly or social misfortune upon the foreigner.
Adolf Hitler
  • Terrorism is the best political weapon, for nothing drives people harder than a fear of sudden death.
  • I have not come into this world to make men better, but to make use of their weaknesses.
  • What good fortune for those in power that people do not think.
  • I have sympathy for Mr. Roosevelt, because he marches straight toward his objectives over Congress, lobbies and bureaucracy.
  • [I]n the simplicity of their minds, [people] more readily fall victims to the big lie than the small lie… It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have such impudence to distort the truth so infamously. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and continue to think that there may be some other explanation.
Hermann Göring
  • Why, of course, the people don’t want war. Why would some poor slob on a farm want to risk his life in a war when the best that he can get out of it is to come back to his farm in one piece… But… the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.
Winston Churchill
  • What a man! I have lost my heart! (referring to Benito Mussolini, 1927)
  • One may dislike Hitler’s system and yet admire his patriotic achievement. If our country were defeated, I hope we should find a champion as indomitable to restore our courage and lead us back to our place among the nations.
Franklin Roosevelt
  • There seems to be no question that [Mussolini] is really interested in what we are doing and I am much interested and deeply impressed by what he has accomplished and by his evidenced honest purpose of restoring Italy.
  • The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson. (to Colonel Edward House)
Vladimir Lenin
  • Our power does not know liberty or justice. It is established on the destruction of the individual will.
  • The best way to control the opposition is to lead it ourselves.
Leon Trotsky
  • The real criminals hide under the cloak of the accusers.
Napoleon Bonaparte
  • Of all our institutions public education is the most important… we must be able to cast a whole generation in the same mould.
  • A man becomes a creature of his uniform.
  • The life of a citizen is the property of his country.
Charles Maurice Talleyrand
  • We were given speech to hide our thoughts.
  • An important art of politicians is to find new names for institutions which under old names have become odious to the public.
Henry Kissinger
  • The illegal we do immediately; the unconstitutional takes a little longer.
Cardinal Richelieu
  • Give me six lines written by the most honorable of men, and I’ll find an excuse in them to hang him.
Joseph Goebbels
  • Think of the press as a great keyboard on which the government can play.
  • The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.
Edgar Hoover
  • Justice is incidental to law and order.
William H. Woodin (US Treasury secretary)
  • The Federal Reserve Act lets us print all we’ll need. And it won’t frighten the people. It won’t look like stage money. It’ll be money that looks like real money. (1933)
Benito Mussolini
  • The Truth Apparent, apparent to everyone's eyes who are not blinded by dogmatism, is that men are perhaps weary of Liberty. They have a surfeit of it… we have buried the putrid corpse of liberty … the Italian people are a race of sheep.
Roman Emperor Caracalla
  • As long as we have this [pointing to his sword], we shall not run short of money.
Prince Phillip, duke of Edinburgh
  • I must confess that I am tempted to ask for reincarnation as a particularly deadly virus.
Charles de Gaulle
  • In order to become the master, the politician poses as the servant.
Collated by Paul Rosenberg of