This is NOT a serious attempt at provincial independence and self government so do not amass your armies at our borders and detain us as subversives.
Friday, August 31, 2012
'Emergency' Tax on the Rich Roils Britain
As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich.
Deputy Prime Minster Nick Clegg, leader of the Liberal-Democrat Party, has proposed a one-time tax on the wealth (rather than the incomes) of high-net-worth Britons. The details aren’t clear, but Clegg says the country is facing an economic war caused by a prolonged recession, and needs to tax the rich in order to avoid social unrest.
Read more here
Wednesday, August 29, 2012
Tuesday, August 28, 2012
The Principality of Liechtenstein: A Model of Self-Determination for a World Filled With Chaos
Why should a tiny alpine nation nestled between the Swiss and Austrian Alps with a population of only 35,000 spread over 62 square miles, no airport, one hospital, 155 miles of paved roadway, and only irregular local train service be taken seriously by anyone? Because it has the highest gross domestic product per person in the world when adjusted by purchasing power parity (over $140,000 per capita), the world's lowest external debt, and the second lowest unemployment rate in the world (recently as low as 1.5 percent). But the Principality of Liechtenstein happens to be just such a place.
Liechtenstein is a constitutional monarchy organized as a unitary parliamentary democracy with an enlightened Reigning Prince by the name of Hans-Adam II. Since the constitutional reform of 2003 was implemented by the Prince, the citizens of Liechtenstein actually have the right to abolish the monarchy altogether. Hans-Adam has a quite unique philosophy of government for a reigning monarch. In his view citizens should not be seen as servants of the state, but rather as customers of a benevolent service company, otherwise known as the state, whose aim is to serve its customers. If the customers don't like the service, they can replace the service company, namely, the monarchy. "Ask not what a citizen can do for the state, but rather what the state can do better for the citizen than any other organization," says the Prince.
Read more here
Monday, August 27, 2012
Wednesday, August 22, 2012
Sunday, August 19, 2012
Italy's tax hunters target super-rich......
There used to be a time when Italy's super-rich gravitated to the smartest enclaves of Sardinia for a summer of relaxation and luxury. Not any more. In an increasingly austerity-conscious country, the yacht-owning classes are coming under increasing and unwelcome scrutiny, some of which would not look out of place in a scene from the filmApocalypse Now.
"We first spotted the targets with the helicopter's radar and closed in to identify about 50 boats off the two islands," said Italian coastguard captain Pietro Mele, describing a recent raid on yachts suspected of straying too close to the coast. Swooping in, the helicopter crew barked orders to the plush pleasure craft through a loudspeaker, telling them to move on from the protected Sardinian islands of Soffi and Mortorio, where anchoring is strictly forbidden.
Read more here
Saturday, August 18, 2012
Saturday, August 11, 2012
Friday, August 10, 2012
Scottish success sparks secession row
Some call them Scotland's "Scolympians", others say it's Team GB all the way.
An impressive performance by Scots in Britain's Olympic team - third in the medals table - has dragged the world of sport into an Olympian tussle over Scotland's bid for independence.
Scottish athletes have won 11 of Britain's 48 Olympic medals and have matched the German and Italian hauls of seven golds. Not bad for a country of about five million people - just a twelfth of the British population.
Read more here
Thursday, August 9, 2012
Monday, August 6, 2012
A secret paradise......
High up above Scandinavia about 75 degrees north latitude is an obscure archipelago that few people in the world know about, and even fewer have been to.
It’s called Svalbard, population ~3,000. And while the islands are technically part of Norway, they come with some incredibly unique benefits that I’ll explain in a moment.
For centuries, Svalbard was completely lawless, devoid of any government authority. It attracted whalers, hunters, merchants, and fishermen from all over the world– the UK, Russia, France, Netherlands, North America, and Scandinavia.
Amazingly enough, they were all able to co-exist for hundreds of years without a sovereign authority or central government telling them what to do or how they could live.
Read more here
Saturday, August 4, 2012
Friday, August 3, 2012
Thursday, August 2, 2012
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