Wednesday, May 24, 2006



Banks the world over are scrambling to become larger, whether by organic growth or by mergers and acquisitions Thinking big

Eye on Politics & Law Lords: There is Such a Thing as a Free Lunch
Freegans seek to prevent waste by reclaiming, recovering, and repairing available resources rather than generate new profit.

Adam Weissman crouches on a city street, his hands buried in a large plastic garbage bag while eyeing a neighboring black container bulging with food. This isn't another image of urban homelessness. This is freeganism, a lifestyle founded on recovering perfectly good "trash" via "Dumpster diving" or "urban foraging," instead of spending hard-earned paychecks on the same products in stores.


• There is such a thing as a Free Lunch: Freegans dig up an eco-conscious, anti-consumerist existence: It's not that gross! Really Really Free Markets [From Mother Jones, an article on The Israel Lobby: How powerful is it really? The London Review of Books in March by John Mearsheimer and Steve Walt's article The Israel Lobby: How Powerful is it Really? ; Already, several Republicans have suggested that Hayden isn't the right man to lead a CIA in crisis Is US intelligence getting dumber? ]
• · By Karina Barrymore. 15/05/2006. Herald Sun. Page 27. Australians' superannuation planning has suddenly been thrown into confusion. The proposed changes announced in the 2006-07 Budget have left many people wondering what to do, especially given the finer details of the plan have not revealed that most of the changes will not take effect until July 2007. Financial planners advise that Australians should postpone retirement, so that they can make use of the new tax-free super benefits for people aged 60 and over. If this is not possible, or if a person has already retired, he or she should take out as little super as possible, or even return some, until he or she turns 60. Playing super roulette. ; MANY PEOPLE think socialism is impossible WHAT DO SOCIALISTS SAY ABOUT... ; You’re right to point out the contrast I make between capitalism and morality How Individualist Is Human Nature?
• · · Mark Phillips Negatively geared property investments may have become less attractive because of the new personal tax rates to kick in on July 1, according to tax experts. It has long been held that high personal income tax rates provide a strong incentive to negative gear to claw some of that tax back through deductions for losses from interest payments that exceed rental or dividend income. Australian Financial Review, 11/05/2006 Hit to negative gearing ; Age, 11/05/2006, Letters, page 16 Why does the Federal Government think income from labour should be taxed more heavily than income from investments? If anything, the reverse should be the case. Work takes significant time and effort. Only a mug would go in for real work
• · · · The best way to limit prostitution is to raise male wages, thereby increasing the return to becoming a wife. The economics of prostitution: Who's Counting: Sexonomics ; The glue that holds tribes together are dialects. Whereas Rome's empire fell apart and never reconstituted itself, the Chinese Empire regrouped again and again, thanks in part to the resilience of its tribes. Today all over the world people abandon tribes for the freedom and money of democracy, but democracy itself may not survive without tribes Why democracy may not survive without tribes ; Three years after hitting bottom with the war in Iraq, transatlantic relations have regained their calm A look at why Europe and the United States are condemned to pretending to agree
• · · · · Inspirational - yet worlds apart: there was no doubt about the victor in our readers' survey to find the heroes of our time. Heroes of our time - the top 50 ; This federal budget has some parallels with Dorothy's journey on the way to the Emerald City in The Wizard of Oz. Remember her confrontation with the lion? The Howard Government has lacked the courage to truly reform the taxation system. Where was your courage, Treasurer? ; An article on the new secrecy doctrine so secret you don't even know about it. Secret Guarding
• · · · · · Why didn't we have genuine reform so that less taxpayer money is taken in the first place? Pluck the goose, minimise the squealing, collect the golden eggs ; Taxpayers and public transport users are entitled to know how long it will take to get from A to B under Steve Bracks' grand plan Yes, minister, it takes ages, costs more ; He's barely known outside Washington, but David Addington is the most powerful man you've never heard of. Cheney's Guy