What is Cash Flow Taxation? – CFT
Tax collection is in dire trouble. From Greece to Australia the whole world is being forced to deal with the same problems. The only people paying tax are wage earners who cannot avoid it. The wealthy, the self employed, global companies, and now even consumers can all avoid income and consumption taxes. A combination of [...]
Well probably not we are just devolving in a drastic stepping off the precipice kinda way, as per usual. Over the past few weeks I have been rethinking my ideas for macro-economics as a direct result of the share market and sovereign debt catastrophes which are unraveling as expected. Anyone who is not trapped in [...]
Continue reading …The fallacy of Shareholder democracy – the owners are all opaque holding companies
September 23, 2012 1 Comment
Elected governments really don’t have much power any more because they have ceded most of it to corporations which we believe we control through share ownership but we are hopelessly wrong. Corporations are some of the few organisations that have true global influence so if we were to have a global democracy we would want [...]
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There are many websites, books and documentaries circulating around the internet saying that banks can and do create money out of thin air. This is wrong. I will not spend to much time proving it is wrong because it is obvious, but I shall spend some time explaining why this misconception has come about because [...]
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Markets rallied on Friday after governments and Central banks in the US, Japan and Europe promised the banks they would be supported if the Greek election resulted in a break up of the Euro. Don’t they realise this is the problem. They continually use our money to support those that caused the crises in the [...]
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I have found what looks like mathematical proof that the FSFP (Flow Siphon Flat Payment) does encourage better markets, more equality and a more fluid interaction of many individuals across many markets. It does what I thought it would! It turns a stagnant pond dwarfed by a rigid hierarchical tsunami into a fluid, vibrant market [...]
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With underlying inflation falling below the RBA’s (Reserve Bank of Australia’s) target range the market expects a drop in interest rates. They seem to forget the RBA no-longer has any influence over interest rates, Mike Smith and the ANZ board do. The market rates and the RBA rate have been diverging over the past few [...]
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Watch these videos from Jeremy Rifkin who speaks sense, and this sense is common, it feels right! Also read : Fluid Society – egalitarian pluralism The evolution of co-operation and forgiveness
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Intellectual property, the most ethereal form of property ever invented has become the most important form of property in the modern world. Ownership of ideas, brands, emotions, and even colours and genes is the most common way people can protect their livelihood. But! Do we have a right to deprive others of our ideas? Do [...]
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Wall Street is a leach. A former Goldman Sachs executive has said they are and we can only assume he was too. Now we all have proof of the obvious. Bankers are not on this planet to benefit anyone other than themselves. Only them, and always them. That is their job. To separate you from [...]
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