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Daniel Hannan: If you can’t solve the debt crisis, regulate the credit rating agencies
February 11, 2013 — xanthippaNot all taxes are created equal
November 26, 2012 — xanthippaHere is a video which explains – really well – why some taxes are more destructive than others.
For example, a 50% tax on capital gains means an effective tax rate of over 95%…
Eric Sprott: Central Banks’ Gold Likely Gone
November 20, 2012 — xanthippaFrom USAWatchdog.com:
‘Money manager Eric Sprott says, “The central banks’ gold is likely gone with no realistic chance of getting it back.” Don’t expect this revelation to get any coverage by the mainstream media.
…
Sprott’s analysis shows a “flat supply” and at least a “2,500 ton net increase in gold demand” since 2000. “Where’s all the gold coming from?” asks Sprott. He says Western central banks “. . . keep supplying this market with product in order to keep the price down so nobody knows how vulnerable the situation is.” ‘
Many have long suspected that the vast majority of ‘gold’ that people buy ‘on paper’ is not actually backed by anything…. Luckily, there still are honest funds you can buy into where the physical gold you have purchased is stored.
UKIP Nigel Farage – ‘Bailouts’ are a means for total subjugation to EU control – Oct 2012
October 24, 2012 — xanthippaRIM lays down for the Indian government
August 3, 2012 — xanthippaOnce upon a time, RIM, the maker of Blackberry, was known for excellent security in communications.
So much so that unscrupulous governments sought to ban it – lest they not be able to spy on their citizens.
Now, RIM seems to have rolled over and decided to let governments trample over its users’ civil liberties:
‘RIM recently demonstrated a solution developed by a firm called Verint that can intercept messages and emails exchanged between BlackBerry handsets, and make these encrypted communications available in a readable format to Indian security agencies, according to an exchange of communications between the Canadian company and the Indian government.’
RIM had originally built its reputation – and marketshare – based on the security the encryption it put all messages through provided. Its encryption was so secure, governments that would like to monitor their citizens’ communication threatened to shut them out of their marketplace.
Hence the flop.
Without this enhanced security, however, there is little to elevate their product over cheaper or ‘sexier’ smart phones.
This, therefore, is a serious gamble on the part of RIM: will access to the Indian market permit them to grow, or will this latest corruption of the security of its communications be the last nail in their coffin?
Xanthippa's Chamberpot 