$11.5 Trillion Lost In Bermuda Triangle
In case you've ever wondered just how much money the mega rich keep nice and tax free in off shore shelters, it's $11.5 trillion.
Cal Professor John Ogbu thinks he knows why rich black kids are failing in school. Nobody wants to hear it.
The more you earn, the lower your IQ.
That's the clear but unexpected result from the second National IQ test
broadcast by the BBC. The test is still online if you are curious. The first test was discussed here
. For a higher IQ, be an unemployed Irish man and drink too much.
Millionaires' Havens, Heavens And Hell Holes:
Ghastly, depressing Monaco
comes in for a deserved drubbing from Philip Delves Broughton in this week's Spectator
. The idea of billionaires surfing the Web looking for a hide-out makes me giggle and gag, but it appears poor people can play too. Have a look at (free!) e-zine Escape From America
; run your index finger down a list
of tax havens
and choose the
you'd scarper off to, if your money problems, whether from excess or lack of money, ever become too [sorry...
Jiang outlines plans to make China wealthier
Ah, Adam Smith in and K. Marx out. Brting on the Krispy Kreeme franchises. Bet there won't be labor unions in the near future but an economically powerful China plus the EU will give America some strong competition.
Beverly Hillbillies, Redux!
No... not a new movie, but a reality series under development by the shiny and shimmering Tiffany Network
. CBS scouts are scouring for a "rural, rustically telegenic" family to be whisked to a brand new home in Beverly Hills, and have a life of luxury bestowed upon them for a period of a year... cameras following them all the way. Crass exploitation of the poor when the gap between rich and poor gets larger and larger? Fun idea to see what happens when someone's dreams come true? Somewhere in the middle? What do people think?
isn't this exactly opposite of what we're being told? I'm always hearing the wealthy are benefitting somehow from GWB's new tax plan. I'm certainly no-where near the top 5%, and now I don't want to be.
the arrogance of wealth
from of all places the notoriously faux-american national post
"Be nice to business and rich people. They pay the bills."
excuse me, but i don't see any millionaires paying my
Rich to get richer
thanks to new technology.
The wealth of "high net-worth individuals" is set to leap by an annual 12 percent to $44.9 trillion by 2004 with technology windfalls pushing more people into the "ultra-rich" category, a Merrill Lynch and Gemini Consulting survey showed on Tuesday.
Whats This? Bill Gates isn't the richest man in the world anymore.
Poor Bill. First his company might be split, now he's only worth $50.75 billion.