Recommended daily allowance of insanity, under-reported news and uncensored opinion dismantling the propaganda matrix.
Monday, October 25, 2010
Sexuality, Spirituality, and Orgasm
Nut Tmu-Ankh Butterfly, a Nubian-Khamite priestess, presents her views. From the documentary 'The Sacred Prostitute.'
Do No Evil Google & US Taxes
Google, which encourages employees to “Do No Evil”, managed this past quarter to reduce its international tax rate to 2.4% of net income, despite earning most of its revenue in countries like the US, the UK, Germany, and Japan that have corporate tax rates of at least 25%. In comparison, the average recent effective US tax rate for 2,000 companies was 28.3%.
In a report published today in Bloomberg, Google was described as using tax techniques known as the “Double Irish” and the “Dutch Sandwich” to avoid paying taxes in the countries in which it earns most of its revenue. Google uses a Dublin subsidiary and declares that 88% of its overseas sales are generated by this office which employs 2,000 people. Ireland maintains a very low tax rate to encourage foreign investment, but it then adds an important benefit: it allows companies to shift revenues to low-tax countries using transfer pricing. Google shifts its Ireland revenues to The Netherlands (Irish law requires using an EU country for the first leg of this shift). The revenue is then transferred to Bermuda, which has a minimal tax rate. In the meantime, Google uses transfer pricing to shift its expenses to high-tax countries in order to declare tax write-offs.
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In a report published today in Bloomberg, Google was described as using tax techniques known as the “Double Irish” and the “Dutch Sandwich” to avoid paying taxes in the countries in which it earns most of its revenue. Google uses a Dublin subsidiary and declares that 88% of its overseas sales are generated by this office which employs 2,000 people. Ireland maintains a very low tax rate to encourage foreign investment, but it then adds an important benefit: it allows companies to shift revenues to low-tax countries using transfer pricing. Google shifts its Ireland revenues to The Netherlands (Irish law requires using an EU country for the first leg of this shift). The revenue is then transferred to Bermuda, which has a minimal tax rate. In the meantime, Google uses transfer pricing to shift its expenses to high-tax countries in order to declare tax write-offs.
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Riotbot - Coming Soon To Your Neighborhood
The Spanish company TechnoRobot has introduced here the RiotBot – a new class of unmanned platform designed for intervention in riots, prison disturbances, or other civil disorders, where neutralization of specific elements is required by law enforcement agents, avoiding direct contact with the crowd. By operating with effective non lethal means to suppress, or deactivate a target without the presence of personnel, RiotBot can eliminate potential threats while minimizing escalation typically caused by police intervention.
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Vatican Banking Fraud Probe Widens: Church 'Astonished' It Must Adhere to Money Laundering Laws
Activist Post
The Associated Press reported today that the Vatican expressed "astonishment" when an Italian court rejected the release of Vatican bank funds seized by authorities for failing to comply with international money laundering laws.
Prosecutors claim that the $30 million seizure that occurred last month is due to non-disclosure of the transfer destination of large sums of money. Although the Vatican bank -- Institute for Works of Religion -- vows that it is working within international banking rules, the prosecutor found "exactly the opposite" was true. The AP reported:
Under the investigation, financial police seized the money Sept. 21 from a Vatican bank account at the Rome branch of Credito Artigiano Spa, after the bank informed the Bank of Italy about possible violations of anti-money laundering norms. The bulk of the money, euro20 million ($26 million), was destined for JP Morgan in Frankfurt, with the remainder going to Banca del Fucino.
The prosecutors' document suggests confirmation of Italian press reports that the probe was widening, looking into possible violations in earlier years linked to Italian corruption, in addition to the two most recent cases.
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The Associated Press reported today that the Vatican expressed "astonishment" when an Italian court rejected the release of Vatican bank funds seized by authorities for failing to comply with international money laundering laws.
Prosecutors claim that the $30 million seizure that occurred last month is due to non-disclosure of the transfer destination of large sums of money. Although the Vatican bank -- Institute for Works of Religion -- vows that it is working within international banking rules, the prosecutor found "exactly the opposite" was true. The AP reported:
Under the investigation, financial police seized the money Sept. 21 from a Vatican bank account at the Rome branch of Credito Artigiano Spa, after the bank informed the Bank of Italy about possible violations of anti-money laundering norms. The bulk of the money, euro20 million ($26 million), was destined for JP Morgan in Frankfurt, with the remainder going to Banca del Fucino.
The prosecutors' document suggests confirmation of Italian press reports that the probe was widening, looking into possible violations in earlier years linked to Italian corruption, in addition to the two most recent cases.
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Top 50 Psychiatrists Paid by Pharmaceutical Companies
Who were the top 50 psychiatrists in the U.S. paid by the top seven pharmaceutical companies?
This past week, ProPublica, an independent, non-profit newsroom that produces investigative journalism in the public interest, recently decided to answer that question by compiling a list of 384 physicians and health care providers who earned more than $100,000 total from one or more of the seven companies that have disclosed payments in 2009 and early 2010. Click here for the full list of 384 physicians.
We combed that list and found the top 50 psychiatry earners for the past two years (2009-2010). You can click on any name below to learn more about the physician.
According to an accompanying article to this data, ProPublic notes that “[p]ayments to doctors for promotional work are not illegal and can be beneficial. Strong relationships between pharmaceutical companies and physicians are critical to developing new and better treatments.” Perhaps, but for far too long, companies have used physicians as empty-headed mouthpieces for their marketing propaganda.
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