Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
×

Comment Re:The "City of London" - A Lawless Square Mile (Score 1) 302

The City of London is indeed the heart of tax evasion. It directs tax evasion around the world.
You are absolutely a liar. I direct you to this Guardian story that explicitly states that as a fact.
You ridiculous comments about the Freemasons, etc is subterfuge trying to hide with disinformation the precise fact that the City of London is a world center of lawless scumbaggery and its apologists like you are the worst sort on the planet.

To us, it's an obscure shift of tax law. To the City, it's the heist of the century In David Cameron we have a leader whose job is to quietly legitimise a semi-criminal, money-laundering economy
Quote: But I've just read Nicholas Shaxson's Treasure Islands – perhaps the most important book published in the UK so far this year – and now I'm not so sure. Shaxson shows how the world's tax havens have not, as the OECD claims, been eliminated, but legitimised; how the City of London is itself a giant tax haven, which passes much of its business through its subsidiary havens in British dependencies, overseas territories and former colonies; how its operations mesh with and are often indistinguishable from the laundering of the proceeds of crime; and how the Corporation of the City of London in effect dictates to the government, while remaining exempt from democratic control.

Further evidence: The tax haven in the heart of Britain

"What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term "offshore") is central. The Cayman Islands' tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us."

Comment The "City of London" - A Lawless Square Mile (Score 4, Insightful) 302

That is certainly rich. The "City of London" is a lawless square mile in the center of London that is not subject to the laws of England. It is the center of all the tax evasion secrecy jurisdictions around the world. If you think of the rampant and lawless tax evasion that goes on in places such as the Cayman Islands, Bermuda, the British Virgin Islands, the Channel Islands of Guernsey, Isle of Man and Jersey, they are all directed from this cesspool of lawless behavior known as the City of London.
For context I direct you to the magnificent book by Nicholas Shaxton called Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens . But don't stop there. Further evidence of the vile and lawless damage the City of London does to the world:

Comment Re:good plan (Score 1) 200

My experience is they never think creatively. They can come up with one solution and if that does not fly for some reason, they are toast.
I have worked with a few who were okay but with so many who were just not that bright.

Finally, you need to watch your correct use of the English language, guy. When I saw "rote" instead of the correct "wrote", it was hard to take your ideas seriously. Just sayin'...

Comment Re:good plan (Score 4, Insightful) 200

I have yet to meet a unionized engineer.
When I worked for Bloomberg in New York City, they were constantly firing international employees for theft of intellectual property. Not sure where that charge came from.
Sounds to me that your whole point is that some VC told you how to think. H-1B visa holders are only popular with people like CEOs and VC who really have no experience in the field. Working engineers know that they are wildly overrated. That's why so many companies have abandoned the use of H-1B visa holders. It is a practice valued by people who really don't have any experience in the field. They think it's a good value but in fact it's a myth. Tata produces terrible engineers. They pretend they're going to send experienced engineers here but the people that companies actually get are unexperienced and come here expecting to be trained by US engineers. Then, they produce terrible work and US engineers have to silently rewrite it. I say "silently" because management doesn't want to hear that fact because they want to push the fiction that they're saving money. So, then, the cycle continues where management believes it's saving money while domestic engineers have to actually rewrite the crappy code produced by Tata. I have seen this play out in several companies, especially ones located in NYC.

Comment Re:there is nothing 'fair' about this (Score 1) 200

Obviously someone does not know that we in America have a law called the Sherman Anti-Trust Act that has been on the books for over 100 years. Please take your Ayn Rand fantasies into some right wing hothouse where you belong, "Lucky One". Or better yet: Pah-shole na hooey.

Comment Re:Who cares if they pay $0 (Score 1) 200

Clearly a lie motivated by your politics. The entire case would not exist without the attorneys working on it for contigency fees. Then, at worst, the attorneys get 1/3. That means the class-action defendents will get 2/3rds of whatever is recovered. Then, going forward, every engineer in the United States will benefit in perpetuity by the increased salaries that are an absolute result of this.
If any companies had wanted to expatriate, they would have already done so. They stay in an expensive place such as Silicon Valley precisely because of the quality of the talent there.

Comment Re:good plan (Score 2) 200

Many US companies have tried moving overseas, only to see that it's ineffective. Offshoring is not new. If it were the panacea that you're implying, every single company would have already done it--but that hasn't happened. For the same reason, most startups occur in the United States. You are just pushing a political opinion that is not based on any facts or reality.

Comment Re:unfair policy (Score 1) 302

I will leave it to the jury whether or not you're a crackpot based on your other comments, Lonnie. But you fail here to note that a company like Swiss RE bases its entire business on measuring and appraising risk. Second, they do indeed have data they use to assess the change in risk they face--and that is the history of claims they have been paying. Swiss RE and other re-insurance companies such a Lloyds of London now require insurance companies they back to take into account the impact of climate change. The point of this is not to construe their interest as some scientific absolute on the existence of antropogenic climate change--it is merely to combat the notion that is put forward by the non-scientific climate change deniers like you who want to act like nothing strange at all is happening to the climate. The reality that these large corporations whose lifeblood is assessing risks on pain of going out of business, do indeed take the risk of a worldwide calamity driven by climate change serious as a heart attack. Nothing further can be inferred from their interest other than their serious and factual opinions that climate change remains a true and actual risk that our planet faces.

Slashdot Top Deals

Kleeneness is next to Godelness.

Working...