At 10:54 AM 1/10/01 -0600, Jim Burnes wrote:
On Wednesday 10 January 2001 05:29,
Ken Brown wrote:
...
> The sun still doesn't set on the British Empire (not while we
have
> Pitcairn!), London is still the heart of darkness, it is is still
the
> place where the money is (most of the money in the world, by orders
of
> magnitude, is in meaninglessly large dollar accounts in databases
owned
> by London banks, representing currency trades), and if you think you
can
> trust these guys to do anything other than act in the interests of
their
> own profits you are making a big mistake.
Their interests are in making capital grow and prosper. These
are diametrically opposed to the interests of high taxation and
socialism.
I don't think the Bermuda dot-coms are worried about these guys acting in
their own interests. I think they are banking on
it....
Published Wednesday, Jan. 10, 2001, in the San Jose Mercury News
WORLD NEWS
offshore banking
Developed nations pushing to get rid of tax havens
Wealthy countries aiming to recover billions of dollars lost to offshore
tax havens are trying to convince small countries to give up the banking
secrecy that has helped their fragile economies survive.
Officials from about 40 countries and territories were to reconvene
Tuesday in Barbados for a second and final day of discussion about what
the Paris-based Organization for Economic Cooperation and Development
terms ``harmful tax practices.''
The organization's 30 member nations, which include the world's
wealthiest nations, have set up international standards that they want
all nations to abide by. Countries that have no taxes or low taxes are
being pushed to change their laws
steve