2007 NEW EPOCH NEWS,
Telework News, Electronic Revolution, Future-Shock, News Blog, Thursday, 22 December 2011 E-Wars, IPR,
BIG-BROTHER, ORWELLIAN, P2P, MOBILE-PHONES, HOME-OFFICES, INTERNET LAW,
ENVIRONMENTAL, SOCIETY.
NEW EPOCH NEWS – THE SECOND EPOCH
How the Information Society
is progressing
22 December 2011
Contribute by e-mail to: noel@noelhodson.com
The first era, including
the past ten thousand years of written history, has been characterized by tribal
politics and the acquisition and maintaining of wealth by force – essentially a
system of gang-warfare. It is a physical and psychological fact that using our
brains is the most energy consuming activity we undertake. To avoid thinking we
cleave to ‘isms – the lazy person’s what-to-think-guide. Nevertheless, over
thousands of years, in rebellion against prescribed and proscribed thought, enough
people have used their brains innovatively for developed nations to now be able
to claim that “We have worked hard to abolish work – and have succeeded.”
In industrialised
nations, due to generations of hard work, valour and sacrifice and, recently,
the Electronic Revolution - the Knowledge Economy - there is overproduction of
most consumer goods and services. Real wealth and the products of the Real
Economy are flooding developed countries. The world has never before produced
so much real wealth. But the traditional, tribal, Money Economy mechanisms, used
to count, account and to share wealth fairly, are inadequate. The Real Economy,
over millennia, has been and is maintained by the efforts of the majority of
the population while the Money Economy, the legal paper which represents real
wealth, is 75% owned by just 4% - some of whom have contributed little to the
commonwealth. Despite sweeping, historic, social revolutions to diminish the
plagues and powers of aristocrats, aristocracy has resurfaced with a vengeance,
this time rooted in
The 3 economies, Real, Monetary and Knowledge are badly out of
alignment, out of sync and disjointed. The Electronic Revolution will bring a
new, fairer, more open reality.
Though we would all rather drown in Global Warming floods than
cooperate with each other - humankind is on the threshold of the era of
intelligent-cooperation. This second phase, era or epoch is characterised by
the Electronic Revolution, automated production, free-information, constant,
instant global communications and, most revolutionary of all, by individuals
thinking for themselves. It is bringing global social responsibility and radical
changes; for example, it is probable that voting for and empowering charismatic
individuals – gang leaders in politics and business - to decide our futures, will
soon be replaced by voting on issues – democratically, well informed,
electronic-voting on everything from household waste, to health care, to car
production, to travel systems, to global warming, to taxation, to wealth
distribution, to whether we should replicate the deadly 1918 “Spanish” flu
virus, or go to war, or help the sick and the poor.
NEW EPOCH NEWS notes the key steps of progress and the resistances
to entering the second phase. We live in
interesting times.
Home to http://www.noelhodson.com
SW2000 Telework Studies – SW2000 Intelligent Transport
Telework Transport Environment Economics
cash wars – letter to the guardian – 22nd december 2011
dire warning -
CASH WARS (9) we are doomed – 1 december 2011
OCCUPY - CASH
WARS (8) find the traitors and deserters – 28 November 2011
OCCUPY LONDON -
CASH WARS (7) – 9 November 2011.
OCCUPY WALL
STREET - CASH WARS 6 – 7 November 2011.
OCCUPY WALL
STREET - CASH WARS 5 – 1 November 2011.
OCCUPY WALL
STREET - CASH WARS 4 – 27TH OCTOBER 2011.
CASH WARS 3 – 7TH
OCTOBER 2011.
CASH WARS 3 –
22ND SEPTEMBER 2011
CASH WARS 2 – 19
SEPTEMBER 2011
stone age to
space age economics – 23 may 2011.
g20 global
banking – 12 NOV 2010
gambolling
bankers – 3 dec 2009
2010 - a pivotal
year for mankind - climate-change, internet-freedom, & global banking – 3
feb 2010
who will control
the internet? – 3 feb 2010
how can the
money-system and the real economy be reconciled? – 3 feb 2010
will we drown?
are the ice caps melting? – 3 feb 2010
think globally,
act locally – 3 feb 2010
Stupid
government abuse of the Information Society – UPDATED 16 JULY 09
Bankers and
banking – 10 JULY 09
Cyberspace can
still stop Emails – SME’s & the Internet - 9 JULY 2009.
Universal
internet access - Power to the people – 6 May 2009.
Surveillance
Crisis – Cyber War - 23 October 2008.
Financial Crisis
– Part Two – 7 October 2008.
Financial Crisis
– Saved from my radical self by judicious editing – 18 September 2008.
Give us back our
money!– Letter to The Guardian newspaper - 15 September 2008
It’s those pesky
kids again, stealing valuable works of art - 25 July 08.
Mobile phones
and cancer - 25 July 08.
Open letter to
the Prime Minister. 16 July 08.
23 June 08 – Will
the world’s thick-headed transport and energy planners ever get it?
7 April 08 –
Famous Journalist liquidated?
12 March 08 –
Point and Counterpoint – Worried about the “Credit Collapse” ?
19 February 08 –
Capital repatriation flood begins with a trickle.
11 February 08 –
Offshore Exiles – Repatriate, Repatriate, Repatriate.
11 February 08 –
Kids on-line.
17 January 08 –
Greenfield and Darwin.
11 October 07 –
Breathless Big Brother/ Sister.
3 October 07 –
Oxford Brooks & Big Bucks for Bus Owners.
25 September 07
- Teleworkers – one-third of UK workforce.
25 September 07
– The MIT $100 laptop gets to market.
19 AUG 07 –
GLOBAL FINANCE – OFF WITH THEIR HEADS!
18 AUG 07 –
PUBLIC OWNERSHIP OF THE GLOBAL BANKS?
13 AUG 07 –
FUNDAMENTAL REDSIGN OF TRANSPORT AND CARS
2 JUL 07 – TAX
FORCE & POVERTY.
13 FEB 07 –
E-DEMOCRACY WILL BE TONY BLAIR’S LEGACY
29 NOV 06 – THE
SAID BUSINESS SCHOOL, OXFORD.
2 NOV 06 – THE
SURVEILLANCE SOCIETY HAS ARRIVED IN THE UK - OFFICIAL.
2 OCT 06 –
MICROSOFT CHALLENGED.
11 AUG 06 –
WIRED DEMOCRACY – AN HISTORIC PRECEDENT.
12 Jun 06 -
British Sex on the Net – Time Magazine
9 MAR 06 – PESKY
PIRATES THREATEN BLUE MOVIES.
24 FEB 06 – $80M
CASH STOLEN FROM THE BANK OF ENGLAND.
24 FEB 06 –
SMALL IS BEAUTIFUL – PORNOGRAPHY FOR THE NANO-TECH GENERATION.
3 JAN 06 – US
INTELLIGENCE AGENCIES INTRUSIONS CRITICISED
3 JAN 06 – MIT
DEVELOP STACKABLE CARS
3 JAN 06 – ENRON
CASE THREATENS DIRECTORS WITH 25 YEARS.
7 DEC 05 – A
diversion into Intelligent Design..
4 NOV 05 – BIG
BROTHER in the workplace – A backward step
4 NOV 05 –
Microsoft invest in VOIP & “Live Office”
24 OCT 05 – Time
is running out, maybe – The oil fuel crisis
19 OCT 05 –
GALILEO is Watching You
12 OCT 05 –
Hands off our Internet!
10 OCT 05 –
GOOGLE and free libraries.
7 OCT 05 – God
guides George Bush.
7 OCT 05 –
Youngsters make their own news
7 OCT 05 - $100
laptops run on LINUX.
23 SEPT 05 -
Tracking Offshore Funds.
5 SEPT 05 -
Hurricane Katrina. The Scrooge society.
26 AUG 05 - To
google or not to google.
26 AUG 05 -
Music files go legit’
31 JUL 05 - The
Future – Accurate social and scientific predictions
17 MAY 05 -
Brain Tumours from cordless & mobile phones debate continues
14 MAY 05 - US
Supreme Court to Rule on film and music controls
10 MAY 05 -
Feature Films on Mobile Phones
24 APR 05 -
Music Industry pur-sues schoolchildren swappers
9 MAY 05 -
Internet Pornography, Masturbation and Self-Abuse
16 MAY 05 -
Electronic Paper Screens
16 MAR 05 - 344
Million customers a month
16 FEB 05 -
Nokia and Microsoft Make Music
16 FEB 05 - Who
is listening? The Mafia or the Government?
13 FEB O5 - BT
channels money to fraudsters
12 FEB 05 - More
WEB Music Downloads
3 FEB 05 -
Spammers mock the US laws
20 JAN 05 - VOD
– PVR – DVD’s – NTL – BBC – ETAL
20 JAN 05 -
Super Fast Broadband
7 JAN 05 -
Cell-phones change body’s cells and genes
The transport
letter the Guardian dared not publish – Tuesday 21st December 2004.
Pirating films –
Wednesday 15th December 2004.
Round-up –
Thursday 25th November 2004.
SPAM fried by
court – Monday 8th November 2004.
Banks overdose
on spam phishing scams– Monday 8th November 2004.
WorldCom
directors in Court – Monday 8th November 2004.
Pirate Movies –
The big players start a war – Thursday 28th October 2004.
Drowning in
Ignorance – Friday 22nd October 2004
EPICUS –
Embryonic E-Democracy & Money Laundering – Friday 22nd October
2004
NEW
EPOCH NEWS: ARCHIVES FEB04-DEC04 AUG03-FEB04
JUN02-AUG03
The OECD estimates $18 trillion is
held off-shore, which from my tax-planning experience I estimate equates to
about 7.5 million tax dodgers globally, or less than 0.5% of the global
workforce. I ask the influential and informed signatories to the letter “Tax
avoidance must become taboo” Guardian 22 Dec 2011, and my own MP, Rt. Hon
Andrew Smith, firstly, to ask Parliament to identify the few elected
representatives, senior civil servants and other executives who have assets in
tax-havens, however cunningly hidden, and secondly, to press for a 500 person
tax-recovery-team from the Intelligence Services, examining “false-accounting”
and paid 2.5% of recoveries, to repatriate the UK’s portion of the $18
trillion, which I estimate as not less than $3 trillion. This amount will
fully restore our banks and repair all fiscal deficits.
Noel Hodson
See how it works - Where has all the
money gone?
http://www.noelhodson.com/Money-Wars-2012-V5SHORT.pdf
You Tube version – 21 Dec 2011 http://youtu.be/mlUjncgWG-w
The Guardian articles (Global central
banks step into stave off second credit crunch – 1st Dec 2011) were
today followed by a dire warning by The Bank of England about vanishing global
liquidity. Both omit to ask the vital question “Where has all the money gone?”
For three decades the real-economy has never been more automated or productive.
The annual productive surplus, some $18 trillion, has gone to tax-havens; e.g.
recently Olympus cameras sent $640 million from
This cash is all “off-shore” sloshing
around in the “free markets” – held by 2% of the population - who want the 98%
of honest folk to borrow it back at high rates. Most of this $18 trillion can
be rapidly repatriated under existing tax laws by challenging the alleged
commercially priced invoices, the allegedly arms-length relationships of the
parties, and the alleged management of the funds by alleged tax-haven
residents.
The Telegraph listed MP’s
expenses. Will the Guardian list the offshore deserters, including
Members of both Houses and senior civil servants?
Noel Hodson
22 NOV 2011. To: The Rt. Hon Andrew
Smith MP – Oxford East, UK
Dear Andrew,
POPULAR PROTESTS – UKUNCUT – OCCUPY
ETC.
I think that implementing the
recommendations (below text and attached PDF) will repair the global (in fact
the USA-UK-Euro) economic crises. Please pass them to the relevant
The underlying premise for immediate
action is that the $18 trillion cash in tax-havens is the surplus from the
Real-Economy from the past 25 years. And that repatriating it by claiming
back-taxes for the source nations will fix all the deficits and on-shore bank
liquidity in Greece, Ireland, Italy, Portugal, Spain, UK, USA, Japan etc.
The
Could you ask both Houses of
Parliament and the Civil Service – “Do any of you, or your families,
business colleagues or agents, have any interest in off-shore bank accounts,
tax-haven bank accounts or tax-haven companies, trusts or other such
arrangements?”
Thank you for your work and
intervention about my row with Barclaycard. You received an assurance
from Hector Sants, CEO at the FSA that the bank was at fault – and, two weeks
later without explanation, my Barclaycard was credited with the 9
misappropriated “Continuous Payments” that the villainous on-line Californian
“Merchants” had nicked via Barclays. The FSA decision ought to be broadcast
for the sake of all those who cannot fight back.
Best wishes - Noel
********************************
November 2011. In industrialised nations, due to generations of hard work,
valour and sacrifice and, recently, the Electronic Revolution or the Knowledge Economy - there is
overproduction of goods and services. Products of the Real Economy are flooding the world. Mankind has never before
produced so much real wealth. But the traditional, tribal, Money Economy mechanisms, used to count, account and to share
wealth fairly, are inadequate, warped, crooked, socially unfair and
distorted. It is time to tame the
paper-tiger.
Brave protestors such as
OCCUPY need clear and powerful demands.
(1) Repatriate and Tax
all Off-Shore Funds. The $18 trillion in
tax-havens (OECD 2010) is the surplus from the Real Economy generated by the
99% over the past 25 years. This will repair all fiscal deficits, feed the
hungry and restore national banking systems. Such monies can be taxed under existing
laws. Tax all annual incomes over $200,000 at 90%.
(2) Cap Interest at 5% -
Reduce the Cost of Money. Thatcher and Reagan abolished
the interest cap on ancient usury laws. Interest is now charged from 5% on mortgages
to 3000% by loan sharks. A 5% per year legal cap of interest & charges on all
loans will reduce most prices by 25% and substantially reduce inflation.
(3) Pay an hourly rate equivalent to a Living
Wage: equivalent in the region
where the workers live. All Quantative Easing should be used to bring in a
Living Wage worldwide. This will eradicate most poverty and bad-debts.
(4) Stop speculation & gambling: Gambling is an
addiction which has wrecked our vital markets and money-systems. Ban banks from
speculating & create a 2 months buy-sell-buy transaction gap.
ACCURSED NEW ARISTOCRATS
There is a global war
between Haves and Have-nots. The Haves hold $18 trillion offshore (OECD 2010),
mostly siphoned, with tax-relief, through fraudulent bookkeeping.
The mysterious so-called
“Free Markets” control this hoard. They drive-up the interest on bonds and restrict
cash in circulation. Their agents are the trans-border banks. They gamble
incontinently in commodities, currencies and shares – wrecking systems we all
rely on.
The Haves gouge out ever
increasing “rewards” while suppressing the wages of the Have-nots; taking
incomes now 230 times the wages of the low paid – driving the poor to borrow at
15% to 3000% interest, and ultimately to lose their jobs & homes.
The Haves mythologize
“The City” and “Wall St”, which enable their stateless, trans-border, tax-free
status, claiming it earns fortunes for the host nations. The reverse is true;
The
All national fiscal
deficits can be met by rapidly repatriating and taxing the offshore cash to the
countries of origin. In the longer term it is inevitable that all financial
activities will be regulated globally, which may require nationalisation – at
least for a decade or two.
QED
9 November 2011.
Open letter to Simon Jenkins, at the Guardian.
Dear Simon Jenkins,
CITY ETHICS
I agree with much of what you write about “empty philosophising”
but the confused purblind groping for fairness might one-day, over the rainbow,
lead to an efficient, sane, global financial system. The essential problem is
that existing laws and implicit ethics are commonly flaunted by all players,
resulting in false accounting on an historically unprecedented scale.
Bankers, auditors, lawyers, directors, officials, business colleges and
regulators are so accustomed to cheating society and the real-economy that many
now falsely believe they have Law and God on their side. If we cannot
trust the IOU bookkeeping that underpins money, it loses all value. I
cite the vast frauds of Enron, Parmalat,
The immediate practical steps are to cap usury at 5%, which will reduce all prices by about 25%, eliminating inflation and most bad-debts; to repatriate the $18 trillion tax-haven funds, and tax them, which will repair most nations’ deficits; to have a minimum 2 month buy-sell period to stop insane and mechanised gambling; and to establish a fair living wage tailored for each economic region, which will greatly boost the global economy.
You might profitably write about the UK elite, including our elected representatives, Lords, Ladies and senior civil servants, who use tax-havens; and the immense costs to society of the UK financial sector and how those costs can be substantially cut.
Noel Hodson
PS – Do you have an off-shore account? Does The Guardian pay
you in the
LETTER TO THE GUARDIAN: Gary Younge sees that “As Wall Street wormed
its way into everyone’s life, so Occupy protests grow…” (Who knows where the
occupations are going – it’s just great to be moving. Guardian 7 Nov 11).
And he speculates on where Occupy is going. In this era when the world
has the wealthiest, automated real-economy ever, I believe Occupy is
unconsciously intent on fair-shares; by eliminating all the deeply embedded,
debilitating, insatiable tape-worms; by arresting financial sociopaths to
re-establish business ethics; and thus by decimating the price of money – the
immense and unnecessary costs of the global financial consortia.
The immediate practical steps are to
cap usury at 5%, which will reduce all prices by about 25% and eliminate most
bad-debts; to repatriate the $18 trillion tax-haven funds, and tax them, which
will repair most nations’ deficits; to have a minimum 2 month buy-sell period
to stop insane and mechanised gambling; and to establish a fair living wage
tailored for each economic region, which will greatly boost the global economy.
Will change be achieved without
violence? Each month my doubts grow that the incumbent elite will appease
the mob to create fair-shares. The global powder keg is the
Noel Hodson
To Global Economic Protestors &
Religions – Take Aim.
Our first common objective – “GLOBAL
5% CAP ON LOANS”
St Pauls Cathedral, Church of
England, Christian congregation and all religions may find common cause with
Occupy, Uncut and the 99% economic victims across the world by reinstating or
restating the laws against Usury, with a 5% interest per annum cap on the costs
of all and any loans. 5% is 10 times the 0.5% Base Rate that, for
example, Credit Card Banks buy money at. A 5% cap allows banks to
buy money for £1 and sell it for £10.
Currently the banks buy for £1 and
sell for £16 £32 to £34 £68. Money lenders to the poorest buy for
£1 and sell for £3000 £6000.
Usury laws have featured strongly in
all formal religions and governments for thousands of years. Limits were swept
aside by Thatcher and Reagan in the madness of Monetarism; characterised by the
1980’s Big-Bang in the City of London, which heralded the obscene, sociopathic
greed that we now recognise is sabotaging the world today.
Reducing the cost of money will
powerfully stimulate economic activity, reduce bad-debts, refill bank balance
sheets and - reduce all prices in all economies - and thus prevent runaway
inflation. Interest and Charges add high costs at every stage, from primary
industry such as farming and mines, through manufacturing & distribution,
up to consumer delivery to homes. On average, prices would fall by 25% if
Usury caps of 5% are re-introduced. Reducing the cost of money will free
millions of families and individuals from crippling debt.
By citing The Bible, The Qu’ran, The
Talmud, Upanishads, Veda, Analects, Tripitaka and other holy books, the world’s
major religions could lead a campaign to control usury. It is known to be a
social evil that siphons wealth from the poorest to the richest, enslaving
individuals, households and nations in debts they can never repay or
escape.
From the politicians’ perspective –
How many votes would it lose to re-introduce a 5% cap? Who will
object? To enforce the law, penalties need to include confiscation of any
ill-gotten gains and long prison sentences for all the officers of culpable
lenders.
Tomorrow, the date of Christians’ All
Hallows Eve; as we welcome our 7 billionth neighbour, make a GLOBAL 5% CAP ON
LOANS your first common cause and demand.
Noel Hodson
OCCUPY needs to have clear, simple
global targets, aims or demands. I think these three will repair much of the
damage and inequality - and greatly improve the global and national economies:
(1) Repatriate and Tax all Off-Shore
Funds. The $18 trillion in tax-havens
(OECD 2010) is the surplus from the Real Economy generated by the 99% over the
past 25 years. This vast amount will repair all fiscal deficits including the
UK’s, Ireland’s, USA’s, Greece’s, Japan’s etc; and will restore liquidity to
national banking systems. E.g. The current Olympus scandal of siphoning $400
million, with tax relief, from the UK to Cayman is symptomatic of how the $18
trillion surplus has been gouged from the 99% - this is done using false
accounting (is there really a huge financial Mergers & Acquisitions consultancy
beneath a coconut palm in Cayman? If not, then the transfer pricing is
fraudulent, bent bookkeeping). Such monies can easily be repatriated and taxed
under long existing laws. Use MI5 MI6 the CIA, Mr Dave Hartnett, etc to track
and return the funds – then have the court arguments about the transfer pricing
paperwork.
(2) Cap Interest at 5% - Reduce the
Cost of Money. Thatcher and Reagan abolished the
interest cap under usury laws that go back to biblical times. Since Thatcher,
interest is now charged from 5% mortgages to 3000% by loan sharks. A 5% per
year legal cap of interest & charges on Credit Cards, Personal Loans,
Business Loans, Hire Purchase, Leases and all loans will greatly reduce costs
at every stage of the supply chain (e.g. interest is 25% of the cost of
building a house, or car etc) and thus reduce inflation. Households will be
able to repay their debts as Cameron urges. In the
(3) Pay an hourly rate equivalent to
a Living Wage: equivalent in the region where the
workers live. All QE should be used to bring in a Living Wage worldwide.
QED
That will do for a start.
Noel Hodson
LETTER TO THE GUARDIAN
The immediate reason that “
Alongside the inevitable
nationalisation of the money supply and all financial organisations, the crisis
can be quickly fixed: (1) Repatriate the $18 trillion to repair all fiscal
deficits in the UK and worldwide (2) Cap usury on all existing and future
debts at 5% p.a. to swell the spending power of the poor and to significantly
reduce every price in the economy, thus holding down inflation (3) Use QE to
lift the Minimum Wage to a Living Wage of £11 an hour, enabling the poor to
escape debt through work (4) Legislate that all financial companies file a
daily set of published accounts, which are collated to enable a realistic
overview of events, instead of lurching ignorantly from crisis to crisis (5)
Stop all short term gambling with our cowrie shells by insisting on real
delivery of the commodities or financial instruments and a two months minimum
holding period (6)
(full address below)
LETTER TO THE GUARDIAN 22 SEPT 11 -
Following your 22 Sept 2011 headline “$400bn plan to save ailing US economy”
BBC Radio today reports that nevertheless the US, UK, Greek and EU money
systems are still DOOMED and collapsing. And hysterical politicians today said
that the UK National Health Service is DOOMED and collapsing. And the sea-level
is rising inexorably – submerging 80% of DOOMED UK property. We employ 600
allegedly intelligent MPs at £100,000 a year apiece, advised by another 600
allegedly experienced Lords; all allegedly advised by hundreds of top civil
servants, the cream of our education system; advised by super-intelligent economists.
It is understandable, as feeble governments will not legislate, that “The Free
Markets” being a bunch of unregulated, thoughtless, greedy, myopic,
irresponsible, selfish, neurotic gamblers will panic second by second. But our
highly paid governors should either do their jobs and calmly provide a stable
currency and economy – or resign en masse in favour of competent managers - the
Chinese government perhaps.
EMAIL
TO PLLY TOYNBEE - GUARDIAN
CC
Will Hutton; Andrew Smith MP 2008; 'Jim Messina, BarackObama.com'
Dear Ms Toynbee,
CLASS WARFARE
In case you don’t receive
these President Obama briefings, below is today’s.
At the risk of me
becoming tedious, tendentious and preachy, I think these measures will also be
aimed at repatriating the offshore $18 trillion (current OECD and Christian Aid
estimate). It requires no new legislation for the EU, US or
e.g. An Oxford UK dentist
earns £300,000 profit per year. He/she sets up a staging-post company in Jersey
- “Dental Mechanic Designs (
This continues for 10
years so DMDJL gets £2.5M which the allegedly non-controlling dentist
continuously transfers to a numbered Swiss bank account (or Barclays
International etc) and gets an unlimited debit card useable anywhere. The
dentist frets that the £2.5M is not keeping pace with inflation – and so
lobbies hard to stop inflation by freezing workers’ pay and scrapping the
minimum wage. The £2.5M is now static in value – which is an affront to the
dentist’s human rights – so he/she invests it by buying Greek Bonds at 3%,
guaranteed by the EURO, before realising that the Greeks are shiftless &
lazy and need discipline – so the dentist, now part of The Global Free Markets,
lobbies for the Greeks to be taught a lesson – to balance their fiscal budgets
– and to pay 7% on the Bonds. Simultaneously, UK Tax has lost out on 40% of
£250,000 x 10 years or £1M of revenues AND its banks lose £2.5M of liquidity –
and so cannot lend to SME’s. (NB it requires only 7.2 million “dentists”
worldwide to account for $18Tn offshore – a tiny fraction of the working
population).
However, a sharp,
experienced government lawyer, B Obama, reviews the Transfer Pricing paperwork
and confers with The Ordinary Man on the Clapham Omnibus to ask if the clerk in
(Arithmetic guesstimated
but truly indicative)
Readjust Schedule D
income from dentistry:
10 years ago – under
reported profits £250,000 – tax 40% £100,000 + 5% compound interest p.a.
£62,889 + penalty £100,000 = £268,889
9 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£55,132 + penalty £100,000 = £255,132
8 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£47,745 + penalty £100,000 = £247,745
7 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£40,710 + penalty £100,000 = £240,710
6 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£34,009 + penalty £100,000 = £234,009
5 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£27,628 + penalty £100,000 = £227,628
4 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£21,550 + penalty £100,000 = £221,550
3 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£15,762 + penalty £100,000 = £215,762
2 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a.
£10,250 + penalty £100,000 = £210,250
1 years ago – under
reported profits £250,000 – tax 40% £100,000 + %5 compound interest p.a. £5,000
+ penalty £100,000 = £205,000
Total - £2,326,675
QUESTION – IS THE DENTIST
GUILTY OF FALSE ACCOUNTING AND CONSPIRACY TO DEFRAUD THE INLAND REVENUE?
IF APPLIED, WHAT WOULD THE PRISON SENTENCE BE?
Then HMRC investigates
the undeclared income on the investment of offshore funds – which will be very
approximately £250,000 x 2% = £5,000 a year, which on the same basis as above
is 2% of the dental work taxes, interest and penalties = £465,335.
Amount diverted to
TOTAL BACK DUTY BILL –
REPATRIATED TO THE
The vast majority of dentists,
surgeons, lawyers, company directors, politicians, bankers etc will pay up
rather than risk going to prison. In the
Crises over – as long as
The City /Wall St is not allowed to either gamble it away or to pretend to lose
it in “markets” while in fact conducting back-to-back contracts (lose it in the
UK /US and secretly and simultaneously gain it in the Bahamas).
The EU,
Yours truly,
Noel Hodson
From: Jim Messina, BarackObama.com
[mailto:info@barackobama.com]
Sent: 20 September 2011 00:38
To: Noel HODSON
Subject: "Class warfare"
|
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Noel
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LETTER
TO THE GUARDIAN
Your advice to Chancellor Osborne
(World Economy – All in this together, Guardian 6 Sep 2011) would have even
greater impact by re-stating the fundamentals which are often obscured.
(1) There is a global war between
Haves and Have-nots. The Haves hold $18 trillion offshore (OECD), the majority
of which has been siphoned tax free from national economies by fraudulent
Enron-style bookkeeping, which would not stand Court scrutiny. This $18
trillion should be repatriated and taxed today by applying existing tax-laws.
The Have-nots are kept in ignorance of this vast hoard.
(2) The mysterious “Free Markets”
are the controllers of this illicit cash, with licit pension funds, who try to
invest the cash risk-free, at high rates – mostly in Government Bonds. They
manipulate national debt markets to drive-up the interest on bonds and to
further restrict cash in circulation which enhances the value of their cash.
The Haves are enabled to hide and move this flood of money by the trans-border
banks. Failing a safe-haven in Bonds, they gamble in commodities, currencies
and shares – destabilising vital price systems that we all rely on.
(3) Globally, the Haves gouge out of
national economies ever increasing “rewards” while suppressing the wages of the
Have-nots; currently taking 230 times the wages of the low paid – driving them
to borrow cash at 15% to 3000% interest, and ultimately to lose their homes, as
is happening in the USA.
(4) The Haves mythologize “The
City”, particularly in the
(5) The 2008/09 collapse on Wall
Street and consequent de-leveraging, took many trillions out of the money-supply,
further enhancing the value of cash held and slowing transactions in the Real
Economy. The few billions of dollars,
Euros and pounds put in by quantitative easing has not replaced it, bringing
the Real Economy to an emergency stop.
The national fiscal deficits can be
met by rapidly repatriating and taxing the offshore cash to the countries of
origin. But in the longer term it is inevitable that all financial activities
will be regulated globally, which should start with nationalisation – at least
for a decade or two.
PS – Do the economists calling for
lower taxes on pay over £150,000, earn more than that? It would be ruinous for
the
(Mr) Noel
HODSON
Business Expansion
Services
16 Brookside,
Tel +44 (0)1865 760994
http://www.noelhodson.com/SW2000/Take-the-Plunge-Home.pdf
***********
The FOODTUBES
Project
http://www.noelhodson.com/Ftubes/19APR2011-Foodtubes-ISUFT-OnePage.pdf
To TIME MAGAZINE
Re - Fareed Zakaria’s article A
Flight Plan For the American Economy. May 30 2011.
Fareed Zakaria’s article (May
30th 2011) on the
12 November 2010.
The G20 summit leaders could make
the world a far better place and fix most of the current economic problems by:
creating a single world currency; nationalising all banks and financial
services; using the launch of the single-currency to repatriate trillions of
criminal off-shore capital to the countries of origin, which will meet all
budget deficits and feed the starving; direct the coming dollar and sterling
quantitative easing (QE2) into a decent minimum wage – for example in the UK
£12 an hour, £480 a week, topped up from the present minimum by QE2 for 2 years
then taken over by employers (and please don’t whine that it will bankrupt the
nation). This QE2 would reduce mortgage and credit card defaults and quickly go
into the banking system to help re-build bank balance sheets, thereby it would
stimulate the economy.
In the meantime – it annoys me to
buy goods and services from
(Mr) Noel HODSON
22
FEB 2010 Time Magazine
In saying that Japan,
India and China owe their economic success to following the American
model, away from big government, Michael Schuman (Essay, TIME, March 1
2010) is blindsided to the long-termism of Asia - planning and
investing for generations ahead - compared to the short termism
of our "free" market model, which is now so extreme that 90% of
transactions look less than than one minute
ahead. Addicted gamblers, who use our
vital markets as casinos, have wrecked the money system several
times. All margin trading should be banned and all investments should be
for a minimum of six months, fully paid for and delivered. I think the
Noel Hodson
************************
3 Dec 09 Guardian Newspaper
Bankers argue that bonuses are critical to retaining "investment" bankers. These specialists, most natural mathematicians who be-dazzle and baffle their colleagues, make and lose vast amounts by gambling, second by second, on futures, commodities, currencies, shares and indices. They use our normal bank assets, such as savings accounts, as stakes. Their activities have been deemed to have "no social or economic value". In fact, such speculation drives up global prices, distorts reality and periodically collapses the world's money-economy; economists cannot yet count their total 2008/09 losses. The bonuses are often siphoned to tax havens. Gambling is as addictive as drugs and alcohol; like most addicts, these gamblers will do anything to sustain their habit. We should bless Mr Darling for finding a trigger to have them all emigrate, taking their unique skills as far away as possible.
This year will witness strenuous
battles for control of our climate policies, our money and our internet. These
3 vital elements, among others, are under savage and determined attack as the
electronic-revolution disturbs and discomfits the primitive, established habits
of the intelligent ape. So far, mankind has applied apelike tribal and gang
rules, often violent, to take everything and anything we desired, regardless of
consequences. Now we, the self-acclaimed
pinnacle of God’s creation, are being obliged to grow-up and, as President
Obama quoted in his inauguration speech, “It is time to put away childish
things”. No overindulged, overweight, greedy,
thoughtless, selfish, narcissistic, physically powerful teenager wants to be
initiated into becoming a responsible adult human-being. I believe this year, 2010, is a pivotal year
for us. Will we try to do ‘Business as Usual’, or will we move into the era of
intelligent-co-operation? Thanks to the internet and the world-wide-web and
Wikipedia, we all have the required information and we all can see the global
picture – if we choose to look. Three
further quotes to take time to reflect on, “An Elder is one who pre-considers
the consequences of actions for the next seven generations” and, “We hate to
have to think – thinking uses more energy than any other human activity.” And, from
another
In an era of almost limitless
automated, mechanised, computerised productive capacity; the wealthiest
Real-Economy ever, we must learn to share, to cooperate …or else. We live in
interesting times. I think 2010 will be a memorable, historic year for mankind.
Below – is news of the three
elements, as we enter the New Year.
From Oxford Institute for the
Internet - OII
18
January 2010
I
would like to draw your attention to a Policy Briefing written by our Visiting
Associate Tony Wales, former General Counsel of AOL International, responsible
for the company's worldwide legal affairs outside the
***********************************
To OII. Thanks for your thorough briefing on the Digital Economy Bill.
If Lord Mandelson and the music and film industry do succeed in their
crazed, world-domination objective of obliging ISPs to spy and report on all 2
billion Internet users, allegedly to stop a few children and impoverished
adults swapping products, which the distributors lack the competence to
protect; will OII then steer its followers to the new alternative internet
routes and hardware peripherals, which will spring-up, free from government,
business and advertisers supervision?
PS - Unauthorised copying
or sharing of my website and texts in whole or in part will be reported to the Peter
Mandelson IPR Revolving-Door Media Trust (Bahamas) Inc. and result in
Oxford University losing all internet-connections, paying large fines and
having its officers imprisoned.
LETTER TO THE GUARDIAN:
Comic Swaps & Copyright 23
NOV 09 - As a boy, did Lord Peter Mandelson never swap his Dandy for a Beano,
his Superman for a gob-stopper, or show his Titbits to a
pal? Did swapping wreck the publishing industry? Now he wants to
track and criminalise 2 billion internet users, who may or may not copy and
pass on content. The simple remedy for the music, film and Murdoch news
providers is to get off the net; withdraw their precious content. Or should
millions of internet users retaliate by suing all media companies for
their use of plagiarised and copied content? This is a Pandora's box
that Peter should not open - unless, of course, he is being
guided by the hand of God. -
***************************************************
19 Nov 09
Email to: Mr Rupert Murdoch.
CHARGING FOR ON-LINE CONTENT
Part of my business is forecasting the future of the Internet. I also advise businesses on novel solutions. If you use this information, please pay me a reasonable, commensurate fee - or - publicise my novels; see the address-block below.
1) I pay an annual subscription to New Scientist. They post me a weekly magazine and give me full access to an excellent website. This business model should work for The Times and other quality or specialist newspapers.
2) VIP FILTERS - As the
Internet grows and adds other alphabets, many, including Sir Tim
Berners-Lee, are designing "intuitive" search engines.
They recognise there is a pressing need for VIP-FILTERS to narrow search
results down to the top 100, rather than e.g. "Email Rupert Murdoch -
2,560,000 results". News Corp does not have to wait for the new
technology. Your teams/or machines can review and feed VIP DATA to
subscribers by web-searching, archiving popular, intelligent information, and
interposing a NEWSCORP search engine, which becomes the first search the
(VIP) subscribers try. This turns today's media business model on its
head. You copy free information off the web, repackage it, vet it and
sell it on high-cost subscription to elite customers in particular niche
markets, in specialist languages if needed (including the arts,
sports, finance etc).
Subscription Sales: Yes, you have to invest in a sales campaign - but you have an edge via your media businesses - and via existing niche-group viewers and readers.
2a) VIP-MOBILE hand held screens. I am reasonably sure there is also an existing market for ultra-high quality, Sony-book-reader-size, mobile hand held screens with good sound and picture quality (good enough for e.g. Opera (n.b. The Met now broadcasts live) - Ballet - Snooker - Football etc). Allied to the quality data from VIP FILTERS, owning such a mobile phone would be a high level status symbol. The technology parts exist but you need a 15 year old nerd to pull it together for you. NEWSCORP-VIP-MOBILE would quickly be the top-end mobile-phone-internet-search of choice in many diverse niche-markets - say, £100 a month subscription. From there it would spread downwards.
Almost daily, I search for
reliable statistics and calculators - make a STATS-VIP-FILTER for me.
Yours sincerely -
***************************************
26 January 2010 To
"The standard Taylor Rule would have recommended that the Fed raise the rate to a range of 7 percent to 8 percent through the first three quarters of 2008, “a policy decision that probably would not have garnered much support among monetary specialists,” Bernanke said. A variation of the rule used by the Fed focused on anticipated rates of inflation, not actual rates, he said. "
Dear Mr Lanman - Stealing from the poor to give to the rich,
via the Base Rate, was most effective under Margaret Thatcher 1979-1989, when
And move to higher ground. – Regards
-
****************************************************
PUBLISHED IN THE GUARDIAN
NEWSPAPER -
3 Dec 09
Bankers argue that bonuses
are critical to retaining "investment" bankers. These specialists, most
natural mathematicians who be-dazzle and baffle their
colleagues, make and lose vast amounts by gambling, second by
second, on futures, commodities, currencies, shares and indices. They
use our normal bank assets, such as savings accounts, as stakes.
Their activities have been deemed to have "no social or economic
value". In fact, such speculation drives up global prices, distorts
reality and periodically collapses the world's money-economy; economists cannot
yet count their total 2008/09 losses. The bonuses are often
siphoned to tax havens. Gambling is as addictive as drugs and alcohol;
like most addicts, these gamblers will do anything to sustain their
habit. We should bless Mr Darling for finding a trigger to have them
all emigrate, taking their unique skills as far away as possible.
-
**************************************
LETTER TO THE DAILY TELEGRAPH
NEWSPAPER -
17 November 2009
Sir - Defenders of City
bankers, including I fear, parts of your 17 November editorial, and
several readers' Letters, seem to be blindsided to the trampling herds of
elephants in the room. The City lost so many billions of clients', savers'
& pensioners' money in 2008/2009 that our cleverest economists
cannot yet give a total, other than that globally to date
$14 Trillion ($14,000,000,000,000) of tax dollars has been transfused
into the system. The population, saddled with decades of new national
debt, is justifiably enraged and would gladly throw
the culprits to the dogs - not pay them to stay in office.
-
********************************
LETTERS TO THE GUARDIAN NEWSPAPER
-
The Toxic Homeless - 13 NOV 09 -
UN Rapporteur Raquel Rolnik (...America's housing shame - 13 Nov 09) met with
dispossessed LA families, representing the feckless, reckless poor, who
Wall St. and The City claim wrecked the global system by defaulting on
loan-shark contracts and triggering toxic debt; so far needing $14
trillion tax-dollars to patch it up. $14 trillion would pay-off 56
million $250,000 mortgages - half the homes in
27 OCT 09 - Please deliver
this heavily capitalised, expletive message, via Letters, to City
pundit David Buik, of BGC Partners, who complains about proposed
Tory limitations on bonuses (Osborne angers City with plan to curb
cash bonuses - Guardian 27 Oct 09). He says "... (Osborne) is far too
rigid if he wants
Hey, David !
Wake Up ! do we have to hit you with
a brick! The City of
**********************************
(Un)Settled
Science - Hole in the AGWzone Layer!
by
James P. Hogan
January
14, 2010
Dear
James Hogan,
I
have followed the climate-change and extreme-weather debate for more than 10
years - and I do recall the many scares you refer to; such as the numerous
terminal threats to mankind (scientifically) analyzed in the 1960's in The
Doomsday Book by Financial Times science journalist Gordon Ratray-Taylor.
It
seems to me that the present Who-Dunnit squabble is a science-village gossip
diversion from the main questions - Are the Ice-Caps Melting? …And… Can we Slow
the Process?
The
weather fluctuations, including unusual cold spells, were predicted at a
meeting I attended about 12 years ago at the Climate Change Study Unit,
I
don't think it matters a tinker's cuss whether or not it is anthropogenic -
what matters, if the ice is melting - as seen on TV - is, can we fix it.
In
the meantime - read my novel, Over the Rainbow, move to higher ground and move
your money on-shore.
http://www.noelhodson.com/index_files/novels-table-15FEB07.htm
Thanks
for an interesting paper.
******************************
To The
8 Dec 09
Three climate-change economic myths need correcting:
(1) We can't tackle the additional work: The UK could work 133B hours a year, we actually work 37B hours. There is 72% spare capacity to tackle the crisis.
(2) It will cost the world economy a lot: On the contrary it will create useful work, economic activity and extra wealth around the globe. What we really mean is "I might have to change my income-stream and leisure activities".
(2) Who dun' it? Mankind or Nature? : It does not matter a tinker's cuss who or what caused it. Are the ice caps and glaciers melting? Will it cause disruption, deaths and chaos? Can we fix it?
*********************************************
Sebastian Johnson, Oxford Strategic Partnership, c/o Oxford City Council, Oxford Town
Hall, St Aldates, Oxford OX1 1BX
21 Jan 2010
Dear Mr Johnson,
One of my colleagues has brought the OSP to my attention. I have looked through the 2008-12 aims, which are worthy and ambitious.
Twenty-five years ago, we
corresponded with Lord Weinstock at GEC, for a year or so, discussing
integrated interlinking transport for
On my local, Headington,
transport front, you may like to consider adding for discussion the attached
idea for the
NB – The £33M cost of the underpass would
be recovered in 2 years from saving the time and fuel of commuters.

The JR-Road Tunnel
1 Dec 09
As winter gridlock
freezes traffic on the
Local firm, SW2000 Intelligent Transport, claims that delays to the 10,000 vehicle movements a day, in and out of the JR, costs the JR staff, ambulances and visitors 15 minutes and an extra litre of fuel a day; 10,000 gallons a week; an extra 19 million gallons of toxic exhaust a week; losing £25,000 in productive time every work-day. Add the other non-JR road users and this traffic congestion costs the community £18 million a year in time & fuel; plus the impact of toxic exhaust gases, which endanger health and increase global-warming.
The JR should build its own road tunnel link to the ring-road; that is what ring-roads are for. Oxford's traffic planners could be inspired by Switzerland's visionary 35 mile long, 150 mph, double rail tunnel under the Alps, being built this year to banish freight vehicles from Swiss roads; and by the dozens of long tunnels on the Italian Autostradas; or, nearer to home: by the 249 miles of Victorian tunnels built for the London Tube; by the prize winning 31 miles Channel Tunnel built 250 feet deep beneath the sea; and by the 2,300 metres, air-side-road-tunnel (ART) built in one-year under Heathrow, in 2008.
To bore a 1/3rd mile - 550 metres - traffic tunnel, from the Ring Road to the JR car-parks will cost about £33 million; which is less than two years of the costs imposed on the travellers and the besieged residents of Marston and Headington. The tunnel would be a low-cost, hugely valuable, permanent investment.
The JR-Tunnel can readily be built with modern boring machines, as used at Heathrow, in less than a year.
The long-term value, for ambulance crews, for sick patients, for JR staff and visitors, of having rapid, direct access - and of reducing daily traffic jams for the whole community - is incalculable.
END
16 July 09
Popular, successful
*****************************************
14 July 09
To: Counsellor Jiang Fan (Commerce),
Chinese Embassy, LONDON
Dear Counsellor,
Electronic Surveillance
Over the past 3 months, I have
read media and science reports saying that computers, telephones and other
communication electronics, which are made in
Yours truly, Noel HODSON
*************************************
Letter to the Guardian - 8 July 09
Alistair Darling and the Treasury are not addressing three monstrous and dangerous faults in the system (This mortgage can damage your wealth - Treasury's bank reforms propose risk alerts - Guardian 7 July 09). First, casino banking must be confined as it was, to individual crazed gamblers risking their own money, not shareholders', depositors' and taxpayers' money. Banks should invest not gamble, with a minimum holding period of, say, six months between shares and commodities transactions. Second, some credit card and personal loans charges rack up to 50%. Loan sharking should be capped at 10% above Base Rate, subject to long prison sentences and fines. Third, it is alarming for UK savers and the City of London's reputation that while the US authorities send Bernard Madoff to prison for 150 years, for losing £31 billion of savers' funds, the UK sends the ennobled Sir Fred Goodwin, held to be responsible for losing £28 billion of RBS savers' funds, to Monte Carlo to enjoy a tax free pension of £450,000 a year for the next 40 years.
'cristina.matinez@ec.europa.eu'; 'gerald.santucci@ec.europa.eu.'
This email couldn’t get through to the European
Commission.
3rd email send - maybe the internet will work this time.
2nd email send - Cristina Matinez seems to be off-line.
Would Mr Santucci's PA please
forward this note to the authors of the draft paper on SME's:
20090708-fines-position-paper-draft2
- Public Consultation
9 JULY 09
20090708-fines-position-paper-draft2 - Public Consultation
Dear Ms Matinez,
I advised UK SME's on finances for 25 years; promoted Teleworking for 12-14 years; launched the first teleworked business-expansion-service (BES) franchise in Europe (Morton Hodson & Co Ltd) and I am currently promoting a CO2 saving, alternative, freight transport infrastructure, "Foodtubes".
I have the above draft paper and recommend further thought might be given by the authors to:
1) AUTO-COMPLIANCE - If launching a new small enterprise today, little has changed in 30 years. SME's realistically, continually complain about the cost of "red tape" or compliance with regulations. The Internet could carry out all compliance, registration and reporting tasks, transaction by transaction, and enable all SME's to automatically set aside taxes etc.
I proposed such an automated one-book-entry system in 1990, called The Electric Cheque Book. It would save significant amounts of productive time and large direct financial costs. It would provide highly accurate statistics on all SME business activity. What was difficult with 1990 's technology, could now easily be done.
2) CONFIDENTIALITY - "Forget
Privacy - Privacy is Dead" - said the first President Bush (Senior) about
the launch of the Internet and the WWW. However, today's SME's do need to
know that the Advanced Telecommunications they are being encouraged to use
are private and confidential. Last month, the Chinese government insisted that
computer manufacturers build in tracking, spying and
reporting hardware and software - and this month the
3) VIRTUAL CURRENCY - A large percentage of SME's trade is done with other SME's. The Internet needs to provide a currency that enables such business-to-business trades. Given the present banking chaos and the complexity of bank loans and financing, such a virtual currency will eventually lead to a new banking system and the creation of a global business currency; this should be the "Business-Euro" and it should exclude all previous bad financial practices, cartels, greed, loan-sharking, casino gamblers, etc. The costs of operating such a virtual money system would be a fraction of traditional banking costs.
4) RE-DEFINE PROFITS & LOSSES - In the long term and in contrast to paragraph 2 above; the Internet does open all doors to and provides previously well guarded secret knowledge about capital ownership, trading margins, business models, pay structures and executive rewards. It is inevitable that such information will become accessible to all. The EC should create a socially-responsible new definition of Profits and Losses for pension, taxes, environmental, employment, wealth-sharing and all other purposes. The presently applied legal definitions as expressed and used by governments, tax-collectors, accountants, auditors and lawyers, come to us from the 18th Century based on 18th Century politics and philosophies. It is high time the definitions, the accepted protocols, were updated for the global Internet era, taking into account social responsibility and eliminating the exploitation of human and scarce resources.
Please circulate this note to all relevant persons.
With regards
Noel Hodson
It seems that the Information
Society is thriving and has not yet been diminished by censorship - So far so
good. But we should be alert to the
numerous threats from would-be censors of every shape, size, hue, religion,
political belief, greed and insanity; and we should be rapidly developing
internet protocols and delivery technologies that will protect everyone’s right
to share and use the network.
In the year of 2008 (taken from a
New Scientist article 2 May 2009)
210,000,000,000 (210B) emails per
day were sent.
78% of Emails were spam.
Google searches 1 trillion web
pages. (1,000,000,000,000)
ALL USERS – number approx 1.58B via
computers (mostly fixed telephone)
Plus 1B via mobile
phones
Japan 94,000,000 internet users -74% of pop.
92% of the population in
Internet growth is 50% per annum.
On-line advertising spending - $65,000,000,000 ($65B) globally.
Danger of Hi-jacking: The use of Non-Latin
alphabets, including Chinese, Arabic, and Cyrillic could divide the internet if
such alphabets lead to the creation of national or regional website directories
which are not accessible to the central ICANN directory – and thus would not be
searchable by existing methods. This
could enable regional government control.
POWER & ENERGY – Bobbie
Johnson writing from San Francisco for The Guardian – 4th May 2009 -
tells us that a single Google search uses as much energy as driving a car one
mile (really?) and that US data centres used 61 billion kilowatts of power in
2006 (what does that convert to in litres of diesel?), enough to supply the
whole of the UK’s power for 2 months and/or 1.5% of electricity used in the
USA. Google has invested $2.3B into infrastructure in 2008 (presumably to supply
electric power and use less of it). And Microsoft engineers are also on the
case. However, my opinion is that the energy used sending an email is a tiny,
tiny fraction of delivering a physical letter – and that internet searches and
data preservation use a minuscule fraction of the equivalent physical libraries
and physical searches of libraries.
Maybe we should mothball libraries and give access only over the
internet – to save the planet.
Senator Barack
Obama today is President-Elect of the
Whatever happens tomorrow; this
extraordinary, transforming event truly announces the second epoch.
It is so unexpected that
Microsoft’s spell checker doesn’t recognise his name.
The
Most computer savvy people are
convinced that all communications are already being recorded; in the
THE FUTURE: So the “proposed” laws will merely ratify the existing status quo. How
will angry and younger people react to such total surveillance? They will wage cyber-war. The seeds of civil
disobedience are already evident. The inescapable computer law of ‘Rubbish in –
Rubbish out’ will sabotage the governments’ best efforts to track everyone all
the time. The integrity and value of the data relies on accurate identity and
location. Hoodies, youngsters on the streets, hide their heads from CCTV
cameras – the next stage will be masks. Petty
crooks clone or steal credit-cards and financial identities, use and discard
them. There is a lively internet trade in cloned number plates to disguise
vehicles; the favourite numbers belong to politicians, judges and celebrities.
Free and pay-for software, which hides computer internet identities, abounds on
the internet; some of it may even work. People buy, borrow or steal other’s
mobile phones, use and discard them. There is probably software that hides
telephone number identities – or if not, there soon will be. Traffic cameras
photograph license plates (cloned) and drivers’ faces; (masked drivers). To
overcome these deceptions, government will have all vehicles carry embedded
chips; all music and film downloads will be reported by embedded chips. The
kids will re-program the chips or simply dig them out and throw them away.
Clever kids will dispose of all spy-ware in their cars and computers – or steal
or swap other people’s machines. The ubiquitous CCTV cameras are vulnerable to
crude physical attack and as they are put on taller poles and buildings, the
kids will find ways to disrupt the cameras with electrical signals – or
catapults. Gangs of otherwise compliant citizens will flood systems with false
data. Otherwise law abiding citizens
will habitually give erroneous information when form filling.
As the Nazi Party proved beyond
doubt; when the State oppresses people relentlessly, the terrible irresistible
government pressure and force eventually confronts, or perhaps it creates, the utterly
indestructible diamond intelligence and spirit of the oppressed – and it is the
State machine that is ultimately smashed.
The pity is that much of the data
being gathered for benevolent purposes is of great value to society, but
revolutionary cyber warriors will not discriminate. Will governments learn to act intelligently?
On the day that the town sized
population of Iceland (250,000 souls) nationalise a bank and are financially ranked
willy-nilly alongside China and America by hysterical journalists; markets
continue to crash, pundits to pontificate, bankers to grieve, global politicians
to dither and super-rich city executives to fearfully hide their ill-gotten
gains. Mr Richard Fuld, CEO of wrecked bankers, Lehman Brothers, with only a slight
and modest hesitation, yesterday told
This crisis is an Information Society issue. We cannot
properly communicate and trade globally in milliseconds if spivs, gangsters, loan-sharks,
bribed officials and bent accountants and lawyers install themselves at key
points in the system like parasitical tape-worms, deliberately spread Disinformation and, under the
obscurantist cover of gobbledegook numbers, they fiddle the books, create false
back-to-back transactions and siphon off billions and trillions of the people’s
common-wealth – without being taxed.
It is worth repeating, to counter
the many hired PR, media, Wall Street and City lackeys who parrot-fashion report
otherwise - This crisis is NOT CAUSED BY
US MORTGAGE DEFAULTERS. If missed monthly home loan payments were the basis
of it all, billionaires President Bush and Senator John McCain would have
stepped up like good citizens, put their hands in their own very deep, well lined
Trust Fund pockets and personally made up the arrears of the poorest in
society, to save the world from meltdown – perhaps with a little help from the
US Treasury. A few million dollars a
month, supporting home owners in difficulties, would have made the underlying
assets strong and non-toxic. The root
cause is actually the 28 years of Regan/Thatcher economics, monetarism and
unrestrained manic gambling, feeding gargantuan amounts tax-free to the rich
while freezing pay and support for the poor – and fiddling the books to hide
the damage being done to gouged corporate balance-sheets. It should all be clawed back.
Western governments, unthinkingly
anxious about escalating credit card and mortgage consumerism (by the poor),
saw in the alleged sub-prime crisis an opportunity to screw and make an example
of some of them; young first-home families and poor late-home buyers, all with
large mortgages, via the loan-sharking, boiled frog syndrome; frightening them
into prudence and frugality with a property crash and homelessness; without
having to hike up base rates and thus stoke up inflation, as Thatcher did to
crash the UK economy and create 4 million unemployed. In disseminating for a
year the frightening rumours that homes would plummet in value, the governments
did not realise what destructive demons their fanciful middle-class doom
mongering would unleash.
If only they had properly audited
their own nations’ transactions and verified them with global comparisons. The
world must learn to count accurately. This fundamental neglect has not been due
to lack of computing power. Money is nothing more than a reliable book-keeping
system. It has been badly abused and is no longer an accurate account.
How can the Information Society
fix the global system that is bust?
1) Nationalise ALL financial
institutions – world-wide.
2) Properly audit and publish all
corporate and national balance sheets; eventually include all businesses.
3) Publish all the balance-sheets
every day and explain trans-border variances and sinister siphons. Cap fat-cat
salaries.
4) Create a
single-global-currency and oblige everyone to convert all their assets.
5) During the conversion process
– confiscate and repatriate all proceeds of crime, fraud and tax-evasion.
6) During the conversion process
– recoup all “City Bonuses” of the past 25 years and examine their legality.
7) Create a global Domesday Book
of all significant assets and who owns them. Start with Land, mapped onto
GOOGLE E
8) Convict and punish all
fraudsters – whoever their friends are.
9) Banish all speculators from all
vital markets – energy, money, water, food, homes, air, metals, shares etc.
10) Record all the above on
computers and publish daily on the web.
11) Reform all political systems
as E-Democracies – voting on issues, not for leaders or Parties.
12) Introduce a global minimum
wage of $10 an hour; sufficient to support a modest home loan.
These actions are radical; but
lesser interventions and structures will not suffice.
THIS IS WHAT I WROTE:
17 Sept 08 – Excuses, Excuses, Excuses - The continuing, if not escalating, USA and UK financial crisis is repeatedly punctuated in the media by failed brokers & bankers and their press-officers blaming it all on the fall in property prices. But it is illogical that the booming real-economy should wreak havoc in the money-economy. The reality is that massive amounts of our cash have been siphoned off - much of it via tax-havens - to enable global gambling in impenetrable derivatives, beyond the understanding of senior executives, by unsupervised crack-heads; which has so confused the regulators, auditors and the corporate world that few, if any, understand the banks' Balance Sheets and have lost all track of the relationships between the real-economy and the money-economy. The alleged property "crash" is a tiny percentage of housing stock being auctioned off. 95% of property is not in forced sale and it retains its (real) value to the owners & tenants. And when traditional banking returns, in a month or so, property, land, factories, machines and other real assets in the real world, used and needed by real people, will still be the banks' main securities for loans. It is the banks' loss of liquidity through once illegal gambling that has depleted mortgage funds, halted property transactions and driven up food, oil and other commodity prices. The real-economy, where real-work is done, is fine. It is the money-economy that needs fixing - and it is a primary duty of government to fix it. We cannot leave our currency in incompetent hands. I suggest the wholesale nationalisation of all City interests, to stabilise currencies, and the immediate repatriation to their source-nations of all off-shore assets - calculated by the OECD to be $10 to $13 trillion. That will more than repair all the deficits.
THIS IS WHAT
THEY PRINTED – MAYBE IT IS AN IMPROVEMENT:
Risk, recklessness and financial stability. The Guardian, Thursday September 18 2008
The continuing, if not escalating, US and UK financial crisis is repeatedly
punctuated in the media by failed brokers and bankers blaming it all on the
fall in property prices (Banks: the contagion spreads, September 17). But it is
illogical that the booming real economy should wreak havoc in the money
economy. The reality is that massive amounts of our cash have been siphoned off
- much of it via tax havens - to enable global gambling in impenetrable
derivatives; which has so confused the regulators, auditors and the corporate
world that few, if any, understand the banks' balance sheets, and have lost all
track of the relationships between the real economy and the money economy.
The alleged property "crash" is a tiny percentage of housing
stock being auctioned off; 95% of property is not in forced sale and it retains
its (real) value to the owners and tenants. And when traditional banking
returns, property, land, factories and other real assets in the real world will
still be the banks' main securities for loans.
The real economy is fine. It is the money economy that needs fixing - and
it is the duty of governments to fix it.
Noel Hodson
Oxford
Lehman Brother's bankruptcy filing and the massive tax-payer bail-outs for Merrill Lynch and insurance giant AIG, indicate a subterranean fault line of foolhardy transactions over several decades, which will cause frightful after-shocks in the money-economy (Banking crisis - Guardian 15 Sept 08). It is a primary duty of government to maintain stable currencies as "a means of account and a medium of exchange" which accurately represent what we value in the real-economy; which is more productive, automated, flexible and reliable than at any time in history. The real-economy has never been healthier. In fixing the money-economy and wealth distribution, government must (1) rid the global system of addicted gamblers - margin and "derivatives" speculators - particularly from money-markets, food-markets, energy-markets, carbon-trading and other vital supply chains, and (2) must claw-back all overpayments made to executives in the last two-decades - which Polly Toynbee's timely new book defines as 'Unjust Rewards' - including all tax-haven accounts. The rationale for repatriating these assets (OECD calculate $10-$13 trillion) to their source communities is that much of it has been siphoned off, by stealth or brass-necked greed, by controllers of large and small companies, which are now insolvent or collapsing in value. In UK Company Law - and in the US as Conrad Black learned - such massively disproportionate self-awarded dividends, salaries and bonuses constitute criminal frauds against the creditors and shareholders of depreciated firms; and also in fact defraud all the employees and ordinary citizens who trusted them. These two measures, affirmed by new and existing laws, would repair the cash deficits, discourage executive theft and give us back monetary stability.
Noel Hodson
16
Brookside
The media is full of the news that all the major UK ISPs are collaborating with “The Music Industry” to spy on kids and punish them, their parents, their families and their friends for swapping music tracks on-line. This, for example, is from Time Magazine today:
If the voluntary (
That
So what will be the
consequences? Firstly the music swappers
will do it off-line, away from the prying eyes of governments and media
corporate executives and their lawyers. Secondly the swappers will adopt, adapt
or create identity scrambling software to baffle the ISPs’ filters. Thirdly the
youngsters or adult internet freedom fighters will set up their own outlaw ISPs,
beyond the reach of the authorities. Fourthly rebellious musicians will flout
the spying systems, change their business-models and issue new swappable music.
How soon? Well kids are very quick and there will be fortunes to be made – so
the rebellion will start today and make an impact this year.
The established ISPs will of
course make conciliatory noises and claim they are being forced (by law?) into
spying on their customers; and they will hope to make a fraction of a penny for
every royalty they help to collect from licit downloads. But ultimately and quite
soon the ISPs will lose the confidence of large numbers of their other
customers – who will fear that they too are being spied on by ISPs who have
sold out to high pressure sales operations.
Nuke the Spooks!
Time Magazine ran this story
today, which follows up the fears raised by earlier research spanning several
years that cell phones (and cordless phones) might cause cancer of the brain. It
is an issue of public importance that ought to be resolved by a major
government sponsored study.
(
Dear Prime Minister,
For a man with great power, the
vision to see that the ice-caps are melting (Guardian 16th July 08) and
with little to lose electorally, you are being extraordinarily timid about
tackling
1) Lead - do not wait to follow
others - in creating all the energy
2) Lead - do not wait to follow
3) Lead - do not wait to react to crises - in controlling food supplies and prices. The banks, the City, Enron, Parmalat and Wall St etc. etc. etc. have proved that private enterprise cannot be responsible for the essentials of life such as water, energy, money, land, houses and food. The coming era will urgently need massive re-nationalisation for a long period to protect the essentials of life from Thatcher's cavalier, cavorting, chortling "free-marketeers". Food is far too important to leave to laise-faire, cum-day-go-day, magical-market commercialism - a hungry public becomes a very dangerous mob.
4) Lead - not wait until
after other OECD countries do it - in immediately nationalising the
collapsing money system. As even the
And, you might
enjoy making these changes. All other problems, like your MP's
John-Lewis-List and getting Aunty Nellie's hip treated 1.03%
sooner, can be delegated to minions. Drop all ambitions to be
"popular", focus on statesmanship, make your place in history,
rebuild
Noel Hodson (Mr)
Coordinator, FOODTUBES
"THE TRANSPORT INTERNET - REALLY FAST FOOD"
Runner-up - 2008
http://www.noelhodson.com/index_files/foodtubes-project-team.htm
http://www.noelhodson.com/index_files/NCH18NOV07LewisMediaGroupV8.pps
SW2000 Intelligent Transport
16 Brookside,
Tel +44 (0) 1865 760994
website http://www.noelhodson.com
The present and future of Global-Warming - read:
http://www.noelhodson.com/index_files/novels-table-15FEB07.htm
For an InterCity train with 150
passengers, it would be greener to stop the train and give every passenger a
Rolls Royce to continue their journey.
Why? Because a UK InterCity train, the
great-iron-horse-that-crosses-the-prairies, weighs 475 tonnes, before any
passengers get on it, which is 3.14 tonnes per passenger. A Rolls Royce weighs
a mere 2.5 tonnes and its engine and rolling efficiency is far better than the
steel on steel slipping and friction of trains. Tarmac the railways! When will traffic
planners understand the inescapable schoolroom physics of energy, weight and
friction – and insist on MWV (Minimum Weight Vehicles) principles in all
transport designs – including those damn great, diesel spewing, often empty
buses which block urban streets. Doh!
Before our planners are
re-educated in minimum energy Gulags, US and NASA scientist James Hansen may
achieve his wishes reported in today’s Guardian of (1) putting all oil executives
on trial for killing the planet and (b) having America completely wired to
enable green energy to be fed into the national grid – regardless of who makes
it or where the generators are. Is the
On the IT and ACTs front – little
new stuff is happening – other than national and local authorities inevitably
abusing the existing technologies by spying on their citizens. I think the IT
world is in for a period of navel gazing before the next generation of really private,
personal PCs, telephones and fast-internet products are created by the
upcoming, ever more spied-upon teenage generation. Every bedroom, bathroom and WC should be
officially monitored for illicit activities and self-abuse; after all, if you
have nothing to be ashamed of you can have no objections – …And sleep with your
hands outside the sheets!
For heavens’ sake - Nuke the
Spooks.
Dear Letters Editors - I was
hoping to post this comment/essay in your
If not - where is it?
SEARCH:
"Larry Elliot" Monday April 7 2008 - We're in a winter of discontent again - but this time big finance is the villain. Page 28 Comment&Debate.
********************
7 April 08 - Economies in Crisis
The global economy is not in crisis. In fact, the global, real economy has never produced more goods and food, more efficiently, more automatically, with so little human labour, in our entire history. We have never been wealthier. Once we stop people burning things for energy (coal, oil, gas, trees, crops, cooking oils, sugar, uranium rods etc) and harness the almost limitless energy from the sun, geothermal and tidal energy - supplemented by our western overweight kids on treadmills - the world will be fine.
What is wrong is that the Money-Economy is out of step, out of alignment with the real economy, and has been hi-jacked by myopic, greedy, aggressive, neurotic, power crazed, IQ challenged, compulsive gamblers; gambling with our money - our sweat and toil. Money is "a means of account - and a medium of exchange". It exists to make it easier for us to swap the real-goods and services we create and to be a handy record of who owes what to whom. It is a paper trail that should be impeccably reliable (or gold, silver, cowry shells or whatever else we decide to ac-count with. To protect the bits of paper we have legitimately collected, friendly bankers offer us their safes and vaults. That is the money-economy. The City exists to keep accurate track of the paper and to be a focus for collective investment into major social enterprises.
But, many of the bankers and their friends, relatives, fans, admirers, copyists, main board directors, dependents unto the fifth generation and tribes of compromised auditors, brokers, debt-raters, loan sharks, lawyers, judges, politicians and book-keepers have been cooking the books in ever more imaginative ways and found that dipping their fat, sticky fingers into the global tills and raking out handfuls of money at an ever faster rate, is not only not challenged as criminal behaviour, but is applauded and awarded by the vast majority of the political system and the media. If you have defrauded your neighbours and work-mates and half-inched a thousand times more loot per hour than they are awarded in a week - you are deemed to be a hero. A little less obviously than grasping wads of money, our politicians and top civil servants guide their careers and policies towards the revolving doors held open for them years before their early retirements. Every unearned, unwarranted shilling that these sociopaths grab is an inflationary act and, worst of all, their ill-gotten gains impoverish, demean and insult the vast majority of patient citizens who work for a reasonable reward. The unstoppable money siphon from the average, poor and starving to the already wealthy, super-rich and grossly over-rewarded - has to be stopped; globally.
So, it is the money-economy, not the real economy that is broken and needs to be fixed.
How? (1) Retrospectively cap executive rewards with a 98% tax band, back to Thatcher's last stand. (2) The present money-system is broken, so introduce a new system that bans speculators and gamblers by ensuring minimum time holdings of real stocks and commodities, and remove all obfuscation - make it simple - and register all business transactions daily for public record (a good laptop should cope - or maybe a few laptops). (3) Without warning, introduce a world currency, EURODOLLARYUEN, and oblige everyone to convert their wealth, on record - or lose it. Repatriate all offshore, tax haven assets to the countries where the real-economy created them and ensure they are properly taxed or are confiscated. This will pay off most global deficits. (4) Introduce capital distribution mechanisms such as BIRTHRIGHT to share the wealth base fairly and a minimum wage to provide a decent family living for a 40 hour week (not less than £10 an hour). This will abolish poverty. (5) Consign the present incumbents to lunatic asylums equipped for their eternal pleasure with super-casinos, where they can play to their hearts content with old money.
Or - the solution at a stroke - abolish money. Read my book AD 2516 to see how that will work.
In the meantime - Move to Higher Ground.
Noel HODSON