If someone really want's to know...

simple mind · Oct 4, 2012

Here is another one: European Commission Green Paper on Shadow Banking | Public Intelligence

Charlie · Oct 5, 2012

simple mind;1851879641 said:

Here something more interesting than not existing UFO's.

STATEMENT OF SENATOR CARL LEVIN (D-MICH)
BEFORE
U.S. SENATE PERMANENT SUBCOMMITTEE ON INVESTIATIONS
ON
OFFSHORE PROFIT SHIFTING AND THE U.S. TAX CODE
September 20, 2012
America stands on the edge of a fiscal cliff. This challenge lends new urgency to a topic this
subcommittee has long investigated: how U.S. citizens and corporations have used loopholes and
gimmicks to avoid paying taxes. This subcommittee has demonstrated in hearings and
comprehensive reports how various schemes have helped shift income to offshore tax havens and
avoid U.S. taxes. The resulting loss of revenue is one significant cause of the budget deficit, and
adds to the tax burden that ordinary Americans bear.
U.S. multinational corporations benefit from the security and stability of the U.S. economy, the
productivity and expertise of U.S. workers and the strength of U.S. infrastructure to develop
enormously profitable products here in the United States. But, too often, too many of these
corporations use complex structures, dubious transactions and legal fictions to shift the profits
from those products overseas, avoiding the taxes that help support our security, stability and
productivity.

Full text: Senate Permanent Subcommittee on Investigations Statement on Corporate Offshore Profit Shifting | Public Intelligence

Why is this not in the news???????
Click to expand...

Being a long time past Michigan resident with a few other stints in some places/states, I feel I know Carl Levin all too well. I am amazed that he retains office. In 35 yeras of writing him I have only gotten one personal reply on a topic where I finally really got his attention. So, I guess one answer in 35 + years of writing him is better than zero. I am not impressed with the guy as I think you can tell.
But anyhow, I'll look around that site you posted. There is bound to be something of interest.

Charlie · Oct 5, 2012

The Scale of the Universe 2

Food for daily thought.

simple mind · Oct 6, 2012

Endurance is what we need if we want to catch up with them and thanks for the link...

simple mind · Oct 6, 2012

Sadly, your site needs to have "Flash" and "Java Script" enabled and I don't do any of those...

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