Taxing Times

I have trouble reconciling my net income with my gross habits. --Errol Flynn

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Name: Jozef Imrich
Location: Sydney, Australia

James Bond once said, You only live twice. Once when you are born and again when you face death. He may well have been referring to my bittersweet age and life. Ach, I have two birthdates and I tend to choose any one at random ... Nevertheless, as Keller observed ... Security is an illusion. Life is either a daring adventure or it is nothing at all.

Monday, November 09, 2009



Sadly my brother in law, Eva's Franto passed away today and will not able to celebrate this year the fall of the wall ...

Exactly 20 years ago from today, on 9 November 1989, the Berlin Wall was torn down.

Chancellor Angela Merkel and former Soviet leader Mikhail Gorbachev crossed a former fortified border on Monday to cheers of "Gorby! Gorby!" as a throng of grateful Germans recalled the night 20 years ago that the Berlin Wall gave way to their desire for freedom and unity. Merkel lauds Gorbachev on Berlin Wall anniversary

The wall's 1989 fall remains a miracle Putin nostalgic for days as spy in East Germany but still not craving for truth
It's 20 years since the fall of the Berlin Wall, which split not only the city, but also the world and the KGB

Russia's Prime Minister, Vladimir Putin, says he feels nostalgia for the former East Germany, recalling with fondness his five years as a KGB agent in Dresden. Mr Putin said in an interview with the NTV channel on Sunday that he had good memories of his 1985-90 posting in the city that included learning German, excursions to the mountains and contacts with his East German counterparts.
I still remember this warmth and cordiality. I am very thankful for this. In this respect there is some feeling of nostalgia. feeling of nostalgia.


Putin Putting KGB first [ I saw the fall of the Berlin Wall; The Curtain Of Silence - If there is an element of truth in the saying that blood talks louder than words ... then I swam across the Iron Curtain ; Googling on the Wall ]
• · Remarks by world leaders and dignitaries attending the 20th anniversary of the fall of the Berlin Wall Wall Recalling ; The fall of the Berlin Wall on 9 November 1989 transformed not only Germany, but changed the world and put an end to fears of a nuclear holocaust between the then Soviet Union and the USA. Berlin was not the only city where celebrations were held for the 20th anniversary of the fall of the Berlin Wall
• · · Remembering 20th anniversary of Velvet Revolution Limerick felt exotic compared to rural Wicklow when I was growing up but then I went to Czechoslovakia ; After the Wall
• · · ·There was a universal demand for independent, reliable news and information. Everyone I met despised state-controlled propaganda. They craved truth. There are lessons in this for the promotion of human rights and democracy today. Berlin Wall's Lessons For Today; The 1989 revolution has its unforgettable images, such as the fall of the Berlin Wall, and its famous figures - Lech Walesa, Vaclav Havel and Mikhail Gorbachev. The man who opened the Iron Curtain
• · · · · Hammer-wielding souvenir-hunters Berlin's love affair with freedom ; The data from Freedom in the World, the annual report on the state of global freedom published by Freedom House, give vivid evidence of the degree of change. Lessons ;
In Praise of Unsung Heroes As a wet-behind-the-ears movie reviewer I discovered an obscure book, Let Us Now Praise Famous Men (1941), by then-relatively unknown novelist James Agee. Non-fiction, utterly so, his 428-page magnus opus depicting realism was prefaced by soul-etching photographs of dirt-poor cotton tenant farmers in the Depression era as taken by award-winning Fortune photographer Walker Evans. Some there will be who have no memorial . . . But their righteousness hath not been forgotten

Sunday, October 25, 2009



British banks have just five working days to show they have "got it". On Saturday, they must submit to the regulator – the FSA – their planned bonus awards, widely estimated to total £6bn. Prince Andrew may have said in an interview that he regards this sum as "minute in the scheme of things", but, as the economy still falters and unemployment rises, it was clear last night that the banks will grant themselves their billions in an increasingly hostile atmosphere Stop the fat-cat bonuses! George Soros turns on the bankers

In an economic crisis like this, billionaires like George Soros can't just sit idly by
Chrystia Freeland, US managing editor, interviewed George Soros, the fund manager, about the state of the world economy, relations between the US and China, his investment performance and regulating bankers’ compensation. This is a transcript of that interview.

In an economic crisis like this, billionaires like George Soros can't just sit idly by Those earnings are not the achievement of risk-takers ... These are gifts, hidden gifts, from the government. Soros said there was a need to regulate payments to employees, even if that meant banks found it difficult to retain talented risk-takers...
That would push the risk-takers who are good at taking risks out of Goldman Sachs into hedge funds, where they actually belong, because hedge funds take risks with their own capital, not with deposits and not with government guarantees.
Soros also said he believed the decline of the U.S. dollar would be limited by its tie to the Chinese currency. "As long as the renminbi is tied to the dollar, I don't see how the decline in the dollar can go too far.
There is a general lack of confidence in currencies and a move away from currencies into real assets ... There is a push in gold, there's a strength in oil and that is a flight from currencies.
Soros said the rally in the U.S. stock market would continue for the rest of the year, but warned that the hope of a rapid recovery in the U.S. is misplaced.


Transcript: George Soros interview; [George Soros – one of the riches men in the world, the convicted insider trader, the man who single handedly brought down one of the biggest bank in Hungary, the man who back’s far left groups like MoveOn, the man who bragged that he bought the 2008 presidential and congressional elections – and heart throb of MSNBC, is mouthing off again – and this time about Wall Street Profits in the Financial Times. Soros gifts’ from the state; Google soros; George Soros Shares Latest Insights on Economics and Politics]
• • Former Czechoslovak and Czech president Vaclav Havel will become an honorary citizen of Bratislava Havel & Blava ;Vaclev Havel To President Klaus: Don't Hurt Our Reputation = Vaclav Havel, man of words and unshakable determination, had a question Havel, Still a Man of Morals and Mischief

Monday, September 21, 2009



A New Zealand taxman smashed his car through the building where he worked for 25 years because he was fed up with "incompetent management and workplace bullying".
David Jerrold Theobald, 47, drove through two sets of glass doors and smashed a third at the Christchurch Inland Revenue building before coming to a stop. Taxman ; Different The round pegs in the square holes,

It began in the biggest bestseller of all, The Bible. Adam and Eve set up life in a tax-free earthly heaven called Eden The idyll memoir
It began in the biggest bestseller of all, The Bible. Adam and Eve set up life in a tax-free earthly heaven called Eden.

Two decades have passed since the publication of Peter Mayle’s international bestseller A Year in Provence . Translated into 22 languages, the book was adapted for the radio and, in 1993, turned into a BBC1 series with John Thaw and Lindsay Duncan. Its effect was to establish memoirs of life in sunny idylls as an important literary genre. But how have such books fared since?

You never know who might learn from your story: Anne Frank's famous diary is one of history's greatest stories, and memoirs from icons such as Marilyn
But often our most significant moments are fleeting. So we rely on memories -- and the tradition of storytelling -- to keep them alive.
Life is full of unique experiences and memorable events
My Dog Ate My Nobel Prize: The Fabricated Memoirs of Jeff Martin




This book has almost no political content whatsoever Lance Allred
Emissary between the land of rice and beans and the land of cholent and kugel ; Reading this life is like gorging on a chocolate sundae
Here’s an unintended consequence of the proliferation of memoirs from “ordinary” people: We now run into characters from our favorite books in our own everyday lives. Last week, for instance, we had dinner at Delancey, a new Seattle restaurant with wood-fired pizzas, salads fresh from the farmers markets, and raspberry popsicles so bright and pretty my toddler cried when his was gone. The man behind the lovely little place is Brandon Pettit. We know and like him, in the same two-degrees-of-separation way we know a lot of Seattle’s food community. But we know him on a far different level - how he met his wife, the details of their first kiss, that he snores when he has a cold – through the eyes of wife Molly Wizenberg, chronicled in her bestselling memoir, “A Homemade Life.”
Real-life encounters with the stars of memoirs
So when is it best to write a memoir and when is it better to just write a novel “based on a true story?”
.


With Grit, Nothing Is Impossible Humour those accounts of roof-fixing [I have always despised bullies and - wait a minute - these people are public servants, not public masters They shouldn't strike terror into people's hearts, but they do.'; Nations are not monuments. They are not made of stone. They are works-in-progress made — and remade — each and every generation out of the hard work and hope of our men and women Save the World, Pee in the Shower! ]
• · Series of terse vignettes that recount the highlights of the rather extraordinary (Wentworth) It was clear within the first couple of dozen pages which ones had a story to tell, which had momentum and a compelling voice Impatient CEOs are all of a Twitter, but it doesn't work like that; Caroline Shahbaz, a self-styled ''white witch''
• · · CONFESSIONS OF ANOTHER BLEEDING HEART: Brumby’s speechwriter departs with a few bon mots for the comrades. It should come as no surprise that when a speech-writer quits that he would have a little bit to say. We really enjoyed long-time Labor staffer and current speechwriter to Victorian Premier Brumby Joel Deane’s parting email which he sent out to his brothers and sisters in arms in the Premier’s office and beyond today …Governments—unlike the timeless eternity of the public service—have limited life spans and need to behave accordingly: agitating for progress, focusing on defining issues and moments, and realising that, although politics may be, as Bismarck said, the art of the possible, that does not mean, as Havel pointed out, that we should stop striving for the impossible We all want our names in stone ; Transparency International – Czech Republic
• · · · The person most likely to rip off a business is a manager Who's the fraud suspect? Try the boss ; Ex-UBS AG banker Bradley Birkenfeld, who assisted U.S. investigators probing about $20 billion in taxpayer assets hidden overseas, was sentenced to more than three years in prison for conspiring to help wealthy Americans evade taxes. Taxes Italy begins to tighten tax screw= The wheels of the Italian tax system grind slowly. Sometimes they do not grind at all, if the country's reputation for tax evasion is any measure. But when the wheels do turn, they can grind exceedingly fine, as Sophia Loren discovered ; The Italian tax authority has opened an inquiry into allegations that members of the Agnelli family Best of the Web: Italian tax authority drives Fiat family probeSix beers of separation

• · · · · Ms Jennie Granger has recently commenced in the Department of the Prime Minister and Cabinet as Deputy Secretary, Office of the Co-ordinator General, on secondment from her role as Second Commissioner of Taxation. Ms Granger has extensive experience in implementation and service delivery from her distinguished career in the Australian Taxation Office, which will be invaluable in her role of oversight of implementation by the States and Territories of the Government’s nation building package Ms Jennie Granger ; I am not a politician, and there is a limit to how much of the political game I am willing or able to play. Hopefully, if the citizens of Connecticut are not ready to abandon capitalism and can embrace a candidate who represents a real change, then I think I have a chance.Assistant Treasurer Nick Sherry is pushing for the Australian Taxation Office to take over all taxes, fees and charges imposed by every level of government to improve the efficiencyof Australia's $350 billion tax system as a
key reform of the Henry review.; It has often been said that tax evasion is a national sport in Italy, but now financial inspectors have announced a purge that has millionaires quaking on their yachts and in their seaside villas
• · · · · · 'Investigative journalism at it's best' is the tagline for the ABC's Four Corners. If the reaction on Twitter is anything to go by this weeks edition 'Fear in the Fast Lane' fell spectacularly short in it's expose of internet related crime Four Corners reveals first-hand how wireless connections are an invitation to thieves ; Fast Lane - We Warrior
CODA FOR the first time in its history, advertising on pay-TV failed to show significant growth in the first six months of the year
History

Tuesday, September 15, 2009



This would have been considered parliamentary coincidence especially in the NSW Parliament ... it is my Godson's birthday today Happy Birthday Alex - Olek ... and the newspapers are filled with godfathers of a different kind!

Producers of real crime television hit Underbelly have approached the NSW Parliament for permission to shoot scenes for the new series within the Legislative Chamber. The Daily Telegraph has learned that representatives of the show approached the parliament last Friday, the day that Michael McGurk was murdered. The new show will cover the period of the Wood Royal Commission into corruption in the NSW Police force Underbelly producers ask to film new series in State Parliament ; THEIR timing is impeccable

Best government money can buy Point of Order: When someone like John Hatton shares with you something of value, you have an obligation to share it with others
The plot is worthy of a master storyteller like Frederick Forsyth.

On a September night, a businessman is gunned down at point-blank range outside his luxury mansion as he gets out of his black Mercedes carrying a bag of groceries. The stench of corruption and talk of explosive secret tapes in the wake last week s murder of standover man Michael McGurk, has brought back bad memories for many people, especially those who have worked for the bear pit, sandpit, of NSW Parliament during the roaring 80s and 90s.
The parliamentary inquiry into the murder of lender of last resort' Michael McGurk holds dangers for Kevin Rudd because it could spread its tentacles to the federal arena. Labor Party figures are being smeared every day and the stain is steadily spreading, forcing NSW Premier Nathan Rees to decide three days ago to hold an inquiry, despite previously saying such a move would be absurd'.


The parliamentary inquiry into the murder of lender of last resort; Michael McGurk [Mr McGurk had many involvements in the property development industry, and for several years was closely associated with Bob Ell, the man behind Leda Holdings, which had a proposal before Shoalhaven City Council to extend the Stockland Nowra shopping centre. Shoalhaven City Council ; 'The man in black' or Johnny Cash, as friends call him was wearing his customary designer black threads as he chatted business at -J the Chop House in Bligh Street Sydney and Wild Men of it]
• · John Hatton stretched the limits of the role of an Independent Member of the New South Wales (NSW) Legislative Assembly further than any politician preceding
him. John Hatton; John Hatton, Independent South Coast MP, raised matters of police corruption in the NSW Parliament for many years, leading to the Royal Commission.; Stateline
• · THE captain of the Socceroos, Lucas Neill, and the former NSW planning minister Craig Knowles, have been caught up in the aftermath of the murder of Sydney bagman Michael McGurk. Michael Rushford flew to New Zealand via Fiji and returned with a new passport and a new identity - Michael Loch McGurk A murky past with many identities - Michael Loch McGurk was a man with a lot of enemies ; The life of Michael McGurk made him an ideal victim for an Agatha Christie mystery. Except it was all too real. Kate McClymont and Vanda Carson look below the surface. He'll go to his grave with a lot of secrets AMONG Michael McGurk's more unusual business interests was a shareholding in Doughboy, a pizza company run by former premier Neville Wran and Mr Wran's long-term business partner Albert Wong. Gold How a quiet bush block turned into a goldmine ; Wran connection ; Sea of links ;
• · · THE developer Ron Medich stands to gain millions from a western Sydney site he bought 13 years ago for a pittance from the CSIRO, confidential documents obtained by the Herald show. Mystery Widens ; Google Hunt for clues;
• · · · As John Della Bosca faced the press gallery at Macquarie Street yesterday, the story threatened to become as much about what was said as what was not ... THE woman whose affair with John Della Bosca led to his resignation yesterday has been named as comedy writer Kate Neill ; Ms Neill was named by Channel Seven and Channel Nine as the woman at the centre of the controversy. They showed footage of Ms Neill appearing on a television show, apparently under the pseudonym 'Harmony'. Invoke Fatal Attraction's Glenn Close character for a creepy version of payback for their ugly parting. Feminist Eva Cox said it was understandable the woman had wanted to protect her privacy Why would she want make her identity known?" Professor Cox said. "The Labor Party would herd her out of NSW ; Fatal Attraction's Glenn Close character
• · · · · Barry O'Farrell looks destined for glory but he's playing his cards cautiously. David Marr caught up with the Liberal leader. O'Farrell resides within his electorate at Roseville with his wife Rosemary O'Farrell and their two young children. His wife Rosemary is the daughter of former National Party member Bruce Cowan. He lives around the corner and down the hill from the picture theatre he rarely visits. Young Will, 10, goes to the local public school. Tom, 15, is up the line at Barker. O'Farrell is full of careful praise for the high schools of Ku-ring-gai but the boys are going to Barker to absorb Christian values. Out of the ordinary; In 2000 Russell Cope, former New South Wales Parliamentary Librarian, sounded alarm bells when discussing the significance of early book collections in Australian parliamentary libraries. Many of his observations apply equally well to the types of book collections I have already mentioned. He writes:

Many countries would today consider such collections from the nineteenth century and even earlier as valuable national resources with a claim to cultural and heritage importance in a country not notably wealthy in library collections. In Australia this might very well be the case if these collections were better understood by researchers and even by librarians. It does not seem overstating the situation to say that the collections of the parliamentary libraries acquired in the nineteenth century and early twentieth century represent their major contribution to social, cultural and intellectual resources of the nation Their significance transcends the limited parliamentary context: they are truly national assets in their own right. ;
• · · · · · There is the ghostly man who walks through the floor, a silent horse drawn carriage out the front and down the road a baby cries at night. Anyone who claims there is no spirit left in the New South Wales Parliament should try spending a night there alone, The Daily Telegraph reports Be afraid ... perhaps the ghost of Mark Latham isn't the only political ghoul out there; Librarian Mark D'Arney killed himself after blowing the whistle on the discount sale of 3000 historic books from the State Parliament's library Death of a whistleblower; Sad Memories

Tuesday, September 08, 2009



Media Dragon is celebrating more than Sikh Bohemian wedding anniversary or our arrival in antipodean Sydney all those years ago (circa 1980), this September Media Dragon has had over 60,000 visits, between 2006 and 2009 AD, from mischievous readers clicking their mouse in more than 100 countries. We are proud of our global readership and thank you for your continued support. Six degree of separation - 60,000 Visitors from More than 100 Countries!

PS - Media Dragon sends a welcome home to Steve, TL and Travis

Light is the best antidote Internet has never been more dangerous Who bravely dares must sometimes risk a fall: 10 harsh truths about corporate blogging
Internet has never been more dangerous ... The proliferation of malware online keeps setting new records and security experts are worried. Between January and June this year, the number of fake antivirus programs detected grew by 585%, according to a report released by the Anti-Phishing Working Group...

Is it possible that you've ever made a customer angry enough to blog about your "friendly" service? When working with business and government institutions, I always set up a Google Alert, which searches the internet 24/7 looking specifically for these sorts of comments ...
Most organizations have a blog simply because they feel they should. Many...fail to "get" blogging and have poorly visited blogs with few comments. Because their blog fails to perform, they conclude that blogging is an ineffective...However, it does not need to be this way. Corporate blogs can be a powerful communication tool that builds brand awareness and nurtures a sense of engagement.


Paul Boag - The One Degree with 360 Degrees of Opportunities ; Phishing ; [Web 2.0: the new tools for democratic conversations - a snapshot of initiatives in government, Information Victoria, Department of Innovation, Industry and Regional Development, September 2009. This paper provides an overview of developments in the use of interactive online communications described as Web 2.0 and when applied in government, better known as Government 2.0. Web 2.0 ; IT modernisation: an exercise in alignment - This report, based on interviews and a global survey of 170 senior executives, concludes that while firms recognise the importance of modernising IT systems, they do not always implement such projects effectively...with respect both to drivers of IT modernisation projects and benefits of such projects. It also investigates the impacts of the current economic upheaval on organisations' modernisation efforts PDF IT ]
• · MURDOCH's announcement that the free ride is over has certainly generated some debate. What this signals is a substantial shift in thinking about the price of content on the internet. What was missing from Murdoch's announcement – and others like Fairfax Media chief Brian McCarthy's statement that monetisation will have to happen – is just how newspapers will make the transition online ; The world in 2025 ... Thus, began the fierce endeavour of the State to squeeze the population to the last drop. Since, economic resources fell short of what was needed, the strong fought to secure the chief share for themselves with a violence and unscrupulousness well in keeping with the origin of those in power and with a soldiery accustomed to plunder. The full rigour of the law was let loose on the population. Soldiers acted as bailiffs or wandered as secret police through the land. Those who suffered most were, of course, the propertied class. It was relatively easy to lay hands on their property, and in an emergency, they were the class from whom something could be extorted most frequently and quickly ... Is this too fanciful, do you think, too apocalyptic? Well, this is not a dark prediction, proceeding from the recesses of some futurologist's "heat oppressed brain" but a direct quotation taken from The Cambridge Ancient History , pp. 263-264, in the section that deals with the decline of the Roman Empire. [In 2008, the IRS project team established a presence in the Second Life virtual world with the goal of exploring the potential use of this environment for recruitment and training purposes] Decline of the Roman Empire
• · · Heredity is what sets the parents of a teenager wondering about each other. -Laurence J. Peter
Chuck Collins, heir to the Oscar Mayer fortune, is looking for 1,000 rich people to sign his online petition seeking to raise immediately reverse the Bush tax cuts and increase the top tax marginal income tax rate to 39.6% from 35% on household incomes of more than $235,000. In a prior effort, Mr. Collins worked with William H. Gates Sr. and George Soros in getting 4,702 signatures on a petition opposing repeal of the estate tax. Soros ; Banker bonuses minute, says duke
• · · · Crimes ; Fourteen years after Peter Savage, 16, was bashed and stabbed in a street at Lidcombe, police have charged a man with murder and expect more people to be ... Savage Story
• · · · · RU OK? Day, Launched on 10 September, World Suicide Prevention Day, the new RU OK? Initiative that aims to lower Australia's suicide rates. The main message is to communicate and connect with people by simply asking "Are you OK?" It also aims to promote awareness of information and support by raising the profile of existing organisations that provide these services. The inaugural RU OK? Day will be held on November 29 RU OK? Day, - Whatever Works as in Woody Allen; Have you noticed that we are being bombarded by a flood of work by neuroscientists and behavioral economists, aided by such things as clever research design, the use of improved technologies for measuring brain activity, and the admission by Alan Greenspan that markets acted in ways he had not anticipated? The work shares several common counter-intuitive conclusions that: (1) human behavior is much less rational than has been assumed, (2) this renders much of conventional teaching in fields such as economics and management obsolete, and (3) it makes suspect much of what we do as managers Are you ready to manage in an irrational world?; Every politician knows that ideas have consequences, so whether it is Beijing, Bangkok, Brussels, Beirut, or Buenos Aires, policy makers seek the advice and counsel of scholars from think tanks who understand this reality and are able to shape policies and Politics with their ideas
• · · · · · Michael D'Ascenzo - Leaders that make a difference ; The Merit Protection Commissioner and Ethical Decision Making. A publication on how to use the APS Values and Code to make ethical decisions in the APS Leadership Forum in 2009; Authority versus persuasion, Eric J Van den Steen, Harvard Business School Working Paper, 5 August 2009, 22p. In directing employees, managers often face a choice between invoking authority and persuasion. In choosing between persuasion and authority the manager makes a cost-benefit trade-off. This paper studies that trade-off, focusing in particular on conflicts that originate in open disagreement focusing in particular on conflicts that originate in open disagreement

CODA:

[T]he truly dismaying shrinkage of the book review issue published at the University of Michigan—which is ostensibly, almost ostentatiously, committed to the importance of the book-review enterprise—is symptomatic of a truly national disease. In the remainder of this brief and informal Essay, I will first offer some data substantiating my concern and then offer some of my observations as to the baleful consequences of what the data reveals Book Reviews

UK-HRD began as a moderated e-mail-based discussion forum for training and human resource development specialists. It now provides a virtual meeting place for around 1,000 people who have already subscribed. When you subscribe a digest of the questions asked, and answers provided is compiled and e-mailed directly to you every working day. Some of the subscribers are very experienced - even experts in their fields - so visitors are tapping into a valuable and indispensable resource. The discussion forum is growing constantly.This web site complements the discussion forum


This site might be an interesting starting point for new internet users in the domain of HR. Included are a database of HR products, the research center, an agenda of seminars, HR articles Workforce online

This is a tremendous site offering the visitor a chance to sample and trial HR software 360-degree feedback

HRM Guide is a series of linked web sites containing hundreds of free human resource management-related articles and features. Stimulating stuff

Job satisfaction:
* European heaven. It's where the English are the police, the French are the cooks, the Swiss are the bankers, the Italians are the lovers and the Germans are the engineers.

* European hell. It's where the English are the cooks, the French are the engineers, the Swiss are the lovers, the Italians are the bankers and the Germans are the police.
Job satisfaction:
and More Green or Emerald is on the other side ...

Friday, July 31, 2009



The use of cliches in blogs should be avoided. Readers of Dickens' novel Oliver Twist may recall that when it was suggested to Mr Bumble that "the law supposes that your wife acts under your direction", he was shocked. He responded with a line that has become one of the English language's most excruciating cliches: "If the law supposes that, the law is an ass - an idiot. If that's the eye of the law, the law is a bachelor; and the worst l wish the law is that his eye may be opened by experience - by experience."

Russia’s free media find a haven in Ukraine Is Russia again too big to fail?
The magazine contains real-life case studies, interviews and stories about Australian and international tax crime – how we’re trying to stop it and the serious consequences for those who offend. Targeting tax crime: a whole-of-government approach

The Plan by Michael Cranston for 2009-2010 Traits of a Leader
I read an interesting article in the Harvard Business Review by Robert Goffee and Gareth Jones recently called "Why should anyone be led by you?" In it they outline four key differentiators in today's world for successful leaders and apart from a few minor points, I believe in what they had to say and fully recommend you take a read…

There’s an awful lot of theory written about leadership nowadays. For the past decade, along with Mike Pratt, Clive Gilson, and Joe McCollum, we’ve been working with major companies on our view of what constitutes inspirational leadership and peak performance. It started by learning what we could from great sporting organizations such as the All Blacks – whose inspirational dream is to “maintain rugby’s position at the heart of the nation)


Leaders are born ; [We have long pointed to the fact that the United States is, to a very significant degree, a secrecy jurisdiction, not least through dirty practices offered in places such as Delaware. It isn't something that people like to mention in polite company Australia: America is a secrecy jurisdiction ; Testifying today before the House Financial Services Committee, Fed Chairman Ben Bernanke took some well-deserved flak for the Fed’s power-grasping attempt to gain even greater control over the nation’s financial institutions. Man-Bites-Dog Story: A Politician Speaks the Truth; Goldman Sachs surprised even optimistic analysts with a $3.44 billion profit for the three months to June, almost 90% more than the previous quarter. Crony Capitalism]
• · In the last of his three Lionel Robbins lectures at the London School of Economics on June 30 of this year, Nobel laureate Paul Krugman remarked that the macroeconomic theory of the past thirty years has been spectacularly useless at best, and positively harmful at worst Inflation Ahead ; I Agree With Paul Krugman, but This Time Only! The inability to collect all sales taxes that are legally due on purchases made over the Internet costs states billions of dollars a year in lost revenue. In 2008, New York State enacted an innovative law that helps to address this problem. Rhode Island adopted a similar measure this year. All states with sales taxes should give serious consideration to doing so as well. sales taxes
• · Our innovative online database helped shed light on the murky world of corporate tax avoidance. Corporate taxation is one of the fundamental issues in British society that rarely gets discussed in mainstream media. A large but twilight industry has grown up in recent years of offshore tax havens and arcane avoidance schemes. They benefit large corporations and rich individuals, but cost governments billions in lost taxes. Holding the UK's major corporations to account ; Lord Mandelson suggested the Government had lost sight of the importance of PR skills. “You can get so consumed by government that you forget to present what you do to the public. Our organisation has to be better, we have to campaign more effectively — and give a clear message.” A new analysis today found businesses are eagerly courting the Conservatives. Leading accountancy firms KPMG and PricewaterhouseCoopers have given the Tories free services and staff on secondment, worth hundreds of thousands of pounds. Such companies will compete for billions of pounds of Government contracts
• · · Windfall for Tories as firms eye £4bn contracts ; Blistering attacks on tax avoidance from unions, politicians and the media are coming thick and fast. The prevalence of aggressive but legal tax planning has become increasingly controversial as the public finances sink deeper into the mire The growing allure of foreign shores ; Both Volkswagen and Porsche had close connections with the Third Reich. It was Ferdinand Porsche who designed the "people's car," the legendary VW Beetle, in 1934 Adolf Hitler was so taken with the engineer he declared him "brilliant
• · · · As per the Concise Oxford Dictionary the history of money laundering can be traced to Emperor espasianus who had raised taxes on public toilets by relying on the maxim, ‘pecunia non det’ means money does not stink. A few years ago, Solomon Dwek was the black sheep of the New Jersey Jewish community where his father Yitzhak was a prominent rabbi. After a string of failed real estate ventures and charges of bank fraud, Dwek's career appeared all but over. But the rabbi's son found his true calling as an FBI informant, where he is now achieving stardom after helping bring indictments against 44 defendants, including a number of prominent rabbis, four ex-mayors and a former senator, in one of the largest money-laundering and corruption investigations seen in the U.S. in years How the FBI used a rabbi's son to crack massive U.S. corruption case ; Even in the state of "The Sopranos" and "On the Waterfront," where corruption seems institutionalized, the arrest of a neophyte mayor in office a mere three weeks stands out US Corruption Arrests Shock Jewish Community
• · · · · It’s one of the biggest corruption cases in the history of a state that’s famous for them: Three mayors, two state legislators and several rabbis were among those charged Thursday in what authorities described as a “dual-track” investigation united by a single undercover operative ; BBC
• · The arrests of more than 40 prominent politicians and Jewish leaders in New Jersey and New York on corruption and money laundering charges have sent shockwaves through the close-knit Syrian Jewish community there. Modus operandi Money Laundering; An 87 year-old Syrian rabbi. A special lingo in which payments were "invitations" and approvals were "opportunities." We're slicing people open and selling Google
• · · · · · To read the criticisms about the Net Generation,” writes author Don Tapscott in his latest book, Grown Up Digital, “you might conclude that they are a bunch of dull, celebrity-obsessed, net-addicted, shopaholic exhibitionists Skills: Business must learn from the new tribe ; Navigating the online jungle

Wednesday, July 29, 2009



I ain’t shoot nobody in like since the early 80’s, man. Mightier than the guitar. You know who the critics are? The men who have failed in literature and art. Insects sting, not in malice, but because they want to live. It is the same with critics: they desire our blood, not our pain My Book Slut and the The Sydney Morning Herald looks at rockers who write literature

In a classic death spiral: Citizen satisfaction and trust Tax havens: Misplaced passion
A pearl in the crown is A few things John has learned: examining tax havens ;

Here is part of what the Australian Tax Office wrote to Senator Carl Levin, the Chair of the US Committee on Homeland Security and Government Affairs. ‘In our opinion, entities established in some states of the US, for example some US incorporated companies, have some of these same attributes as entities established in secrecy havens.’ These attributes include tax avoidance and evasion, investor fraud,manipulation of markets and sometimes money laundering. So there we have it. The US has its own internal tax and secrecy havens. Now for the UK and its disgraceful tax havens.


• Revolutionary reflections on this world of ours Taxman not always bad guy: Blatant form of Robin Hood economics ever proposed ; [DETAILS of tax scams by Australian organisations involving US entities have been revealed in a submission sent to US authoritiesBanks ; Čekia: Tax havens attract 154 Czech firms in H1
Prague, July 14 (CTK) - The number of Czech companies based in places considered tax havens grew by 154 to 9,144 in the first half of this year, according to databases and calculations of the Cekia agency.
Owing to the economic crisis, interest in transfer of companies to tax havens got smaller. In the full of last year, the number of Czech companies in tax havens rose by 740. Among the most attractive places where taxes are not high are the Netherlands, Cyprus and Luxembourg. The highest relative growth this year was seen by Panama, Monaco and Belize. A significant fall was seen by the British Virgin Islands and the Bohemian Dutch Antilles]
• · For consumers how much is enough? It's a personal answer, and the power of change is always personal. The concept of "Enoughism" is addressed by British journalist John Naish in his book Enough: Breaking Free from the World of More ; Kevin Roberts-authored article in Italian magazine Oxygen, on the role of communications in resolving the water crisis. "[H2O] represents much more than an obvious combination of chemical elements: water is life, and today it can turn into the heart of a revolution that will lead to a Blue Planet, to a sustainable future for all of us." Water is life 15 Jul 09
• · Many owners decline to rent the homes due to local council tax rules, which tax properties at a lower rate if they are empty and unfurnished. That loophole frustrates Mr. Palmer. As the Westminster City Council's empty-property officer, Mr. Palmer strolls the area's streets six hours each day to identify vacant homes and track down their owners. Under British law, local authorities have the power to seek an order to claim ownership of the ghost properties and put them up for sale. Once he identifies a vacant house, Mr. Palmer consults property records. After that, he often finds himself sending letters to the British Virgin Islands, a known tax haven for foreign companies, and a place where many of the property owners in question have mailing addresses. He says he rarely receives a response back. Except, that is, when a court action is about to begin. The compulsory purchase, says Mr. Palmer, is a "tool we use as a last resort to take empty property away from owners who refuse to do anything to it. You may abuse a tragedy, though you cannot write one. You may scold a carpenter who has made you a bad table, though you cannot make a table. It is not your trade to make tables Keeping Up Appearances: London Turns Eye to Empty Mansions ; Goldman Sachs, Best in the Business;
• · · Blogosphere Star Provides Refreshingly Alternative Ideas
Taxation without Representation Unfair to Internet Retailers; All enmity, all envy, they disclaim, Disinterested thieves of our good name: Cool, sober murderers of their neighbors' fame Uncooperative prima donna
• · · · While there is no disputing Bernie Madoff's involvement in the scam, it is reasonable to conclude he wasn't alone Swindler’s list: the Bernie Madoff story; Bernie Madoff Was Only a Petty Crook Compared with Uncle Sam; Italy’s prime minister once again proves to be a great survivor DEPENDING on your view of his final destination, Silvio Berlusconi has either a guardian angel or the luck of the devil. In heaven or hell
• · · · · "The new CRS report - "Gang of Four" Congressional Intelligence Notifications, July 14, 2009 - explains the role of the "Gang of Four," meaning the chairmen and ranking members of the House and Senate Intelligence Committees, who are to be informed of particularly sensitive intelligence activities. When the Bush Administration first notified Congress of its warrantless surveillance program, it limited the disclosure to the Gang of Four ; These days, when employers are cutting salaries, staff and bonuses - and staff is uncertain about the next round of layoffs - more employees are committing fraud. How to stop fraud; On 14 July 2009, IFSA Chair David Deverall, announced the appointment of John Brogden as IFSA's third CEO to commence on 28 August 2009. Mr Deverall said Mr Brogden "brings both stature and a wealth of experience to the position". He said Mr Brogden "has had experience in public policy as a parliamentarian and adviser, and has successfully led advocacy for the credit union, building society and friendly society peak body". IFSA also thanked Richard Gilbert who will officially retire on 28 August when Mr Brogden assumes the position of CEO John Brogden
• · · · · · For Germans, who have painful memories of state-sponsored surveillance, the new spying allegations touch a raw nerve. Prosecutors have confirmed they're now considering whether to launch a criminal investigation in Deutsche Bank. Germany's largest lender is accused of spying on two board members it suspected of leaking sensitive details, as well as one critical shareholder Deutsche Bank is Germany's largest bank ; IRS agent Albert Bront, 49, of Valencia, California, screamed “I’m going to kill all of you!” when U.S. Treasury agents served a search warrant at his home as part of an investigation into whether Mr. Bront had filed false tax return. He is being held without bail pending a July 28 preliminary hearing in Los Angeles IRS Agent Threatens to Kill Treasury Department Investigators