Latham quits as Australian Labor leader

Tuesday, January 18, 2005

AUSTRALIA —Following hospitalisation for pancreatitis and ongoing speculation about his leadership, Mark Latham has resigned from his roles as leader of the Australian Labor Party (ALP) and also the Federal Member for Werriwa. He cited as reasons the media harassment, and a desire to put his family and health first.

Mr Latham became leader of the ALP just over a year ago, on 2 December, 2003, leading the party during the October 2004 federal election. He was hospitalised in the run-up to that election, also for treatment of pancreatitis. Following the defeat of his party, his leadership increasingly came under question.

He fell ill a second time almost simultaneously with last year’s Indian Ocean tsunami disaster. His failure to issue a statement on the tsunami drew criticism from the media and calls for his resignation from within his own party, even after it was revealed that he had been incapacitated at the time.

Mr Latham’s resignation sidesteps the possibility of a leadership challenge by other members of the party and leaves no clear successor.

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O Forex Usa As Margens Para Aumentar Seus Lucros

O Forex Usa as Margens Para Aumentar Seus Lucros

by

Sucesso Digital

Se voc acompanha nosso blog j sabe que o Forex um “apelido” para foreign exchange, um vasto mercado de negocia o em que a mercadoria o pr prio dinheiro. Nele, os operadores compram e vendem moedas estrangeiras – trocando d lares por euros, libras por ienes e assim por diante.

O Forex lucrativo porque as moedas nacionais variam diariamente com base em previs es de diversos tipos: como do produto interno bruto e outros fatores. Tal como acontece com o mercado de a es, a id ia no forex comprar na baixa e vender na alta: Compre um lote de uma moeda em particular quando est fraco e, ent o, vend -lo quando ele se torna mais forte.

Por exemplo, as m s not cias financeiras na Gr -Bretanha significa que os traders de forex vender o suas libras esterlinas o mais r pido poss vel, antes que ela se desvalorize. Uma vez que a moeda se recupere, os operadores voltar o a comprar para depois passar por novo ciclo de venda e transformar isso em lucro.

Apesar de falarmos de “compra” e “venda” de libras, euros, ienes e francos, as opera es realizadas no forex n o s o literais. Ou seja, se voc quiser comprar 100.000 euros, voc n o precisa retirar o equivalente em d lares de sua conta banc ria e troc -los por uma grande pilha de euros. Tudo feito apenas no papel, embora os lucros e perdas resultantes sejam reais.

[youtube]http://www.youtube.com/watch?v=L8WCwf4pVF4[/youtube]

Como as transa es n o s o feitos fisicamente, h espa o no forex para o que chamamos de “margens” ou “alavancagem”. Simplificando, isso significa que voc n o tem que realmente colocar a totalidade da posi o que voc est tomando. Geralmente, a margem de 1%, o que significa que quando voc colocar 1000 d lares em sua conta de opera o, voc est realmente recebendo 100 mil. Naturalmente, as margens multiplicam os seus preju zos, bem como os seus lucros, por isso todo cuidado pouco.

Uma das raz es para se permitir uma margem de 100:1 como esta que as principais moedas mundiais no mercado cambial costumam oscilar menos de 1% ao dia. No mercado de a es, uma a o t pica pode variar at mais do que 10% em um dia. Com pequenas varia es a sua perda di ria ou ganho em um investimento inicial de USD 1.000 seria quase impercept vel, geralmente menos de 10 d lares. Multiplicando isso por 100, os ganhos e perdas no mercado cambial ficam mais acentuados.

Com alavancagem implementada desta forma, o lote base para comprar e vender moedas geralmente 100.000 (o que obviamente custa apenas 1.000). A maioria das empresas que lidam com day-trading no mercado de forex n o aceitam menos que isso.

De qualquer forma, sempre que poss vel, n o se arrisque no mercado pouco capitalizado, voc pode ser pego numa armadilha muito comum que a do operador que riscado do mapa por sofrer overtrading (operar em excesso) e, diante da combina o mortal de pouco capital e muita alavancagem, destr i sua conta de opera o.

Marcio Santos

Aprenda Forex com a Escola de Pipsologia

Ebook Gold Profissional – Sua M quina Pessoal de Criar Produtos Digitais

Sucesso Digital – Novas Id ias para sua vida Online Profissional

[]’s M rcio Santos[url]http://www.SucessoDigital.com[url] – Blog sobre Forex, internet marketing e neg cios online. [url]http://www.escoladepipsologia.com[url] – Ebook de Forex: Escola de Pipsologia pegue a vers o gratuita. Grupo de Email Sucesso Digital – Receba na sua caixa postal nossos posts assim que sairem: [url]http://br.groups.yahoo.com/group/sucessodigital/[url]

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O Forex Usa as Margens Para Aumentar Seus Lucros

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Plane crashes into office block in Austin, Texas/suicide note

This is the online suicide letter authored by Andrew Stack, the man believed to be responsible for flying a light aircraft into a building in Austin, Texas. It was originally posted at Stack’s site, http://embeddedart.com/. The hosting company, T35, took the site offline per an FBI request. The note is reproduced here in its entirety.

If you’re reading this, you’re no doubt asking yourself, “Why did this have to happen?” The simple truth is that it is complicated and has been coming for a long time. The writing process, started many months ago, was intended to be therapy in the face of the looming realization that there isn’t enough therapy in the world that can fix what is really broken. Needless to say, this rant could fill volumes with example after example if I would let it. I find the process of writing it frustrating, tedious, and probably pointless… especially given my gross inability to gracefully articulate my thoughts in light of the storm raging in my head. Exactly what is therapeutic about that I’m not sure, but desperate times call for desperate measures.

We are all taught as children that without laws there would be no society, only anarchy. Sadly, starting at early ages we in this country have been brainwashed to believe that, in return for our dedication and service, our government stands for justice for all. We are further brainwashed to believe that there is freedom in this place, and that we should be ready to lay our lives down for the noble principals represented by its founding fathers. Remember? One of these was “no taxation without representation”. I have spent the total years of my adulthood unlearning that crap from only a few years of my childhood. These days anyone who really stands up for that principal is promptly labeled a “crackpot”, traitor and worse.

While very few working people would say they haven’t had their fair share of taxes (as can I), in my lifetime I can say with a great degree of certainty that there has never been a politician cast a vote on any matter with the likes of me or my interests in mind. Nor, for that matter, are they the least bit interested in me or anything I have to say.

Why is it that a handful of thugs and plunderers can commit unthinkable atrocities (and in the case of the GM executives, for scores of years) and when it’s time for their gravy train to crash under the weight of their gluttony and overwhelming stupidity, the force of the full federal government has no difficulty coming to their aid within days if not hours? Yet at the same time, the joke we call the American medical system, including the drug and insurance companies, are murdering tens of thousands of people a year and stealing from the corpses and victims they cripple, and this country’s leaders don’t see this as important as bailing out a few of their vile, rich cronies. Yet, the political “representatives” (thieves, liars, and self-serving scumbags is far more accurate) have endless time to sit around for year after year and debate the state of the “terrible health care problem”. It’s clear they see no crisis as long as the dead people don’t get in the way of their corporate profits rolling in.

And justice? You’ve got to be kidding!

How can any rational individual explain that white elephant conundrum in the middle of our tax system and, indeed, our entire legal system? Here we have a system that is, by far, too complicated for the brightest of the master scholars to understand. Yet, it mercilessly “holds accountable” its victims, claiming that they’re responsible for fully complying with laws not even the experts understand. The law “requires” a signature on the bottom of a tax filing; yet no one can say truthfully that they understand what they are signing; if that’s not “duress” than [sic] what is. If this is not the measure of a totalitarian regime, nothing is.

How did I get here?

My introduction to the real American nightmare starts back in the early ‘80s. Unfortunately after more than 16 years of school, somewhere along the line I picked up the absurd, pompous notion that I could read and understand plain English. Some friends introduced me to a group of people who were having ‘tax code’ readings and discussions. In particular, zeroed in on a section relating to the wonderful “exemptions” that make institutions like the vulgar, corrupt Catholic Church so incredibly wealthy. We carefully studied the law (with the help of some of the “best”, high-paid, experienced tax lawyers in the business), and then began to do exactly what the “big boys” were doing (except that we weren’t steeling [sic] from our congregation or lying to the government about our massive profits in the name of God). We took a great deal of care to make it all visible, following all of the rules, exactly the way the law said it was to be done.

The intent of this exercise and our efforts was to bring about a much-needed re-evaluation of the laws that allow the monsters of organized religion to make such a mockery of people who earn an honest living. However, this is where I learned that there are two “interpretations” for every law; one for the very rich, and one for the rest of us… Oh, and the monsters are the very ones making and enforcing the laws; the inquisition is still alive and well today in this country.

That little lesson in patriotism cost me $40,000+, 10 years of my life, and set my retirement plans back to 0. It made me realize for the first time that I live in a country with an ideology that is based on a total and complete lie. It also made me realize, not only how naive I had been, but also the incredible stupidity of the American public; that they buy, hook, line, and sinker, the crap about their “freedom”… and that they continue to do so with eyes closed in the face of overwhelming evidence and all that keeps happening in front of them.

Before even having to make a shaky recovery from the sting of the first lesson on what justice really means in this country (around 1984 after making my way through engineering school and still another five years of “paying my dues”), I felt I finally had to take a chance of launching my dream of becoming an independent engineer.

On the subjects of engineers and dreams of independence, I should digress somewhat to say that I’m sure that I inherited the fascination for creative problem solving from my father. I realized this at a very young age.

The significance of independence, however, came much later during my early years of college; at the age of 18 or 19 when I was living on my own as student in an apartment in Harrisburg, Pennsylvania. My neighbor was an elderly retired woman (80+ seemed ancient to me at that age) who was the widowed wife of a retired steel worker. Her husband had worked all his life in the steel mills of central Pennsylvania with promises from big business and the union that, for his 30 years of service, he would have a pension and medical care to look forward to in his retirement. Instead he was one of the thousands who got nothing because the incompetent mill management and corrupt union (not to mention the government) raided their pension funds and stole their retirement. All she had was social security to live on.

In retrospect, the situation was laughable because here I was living on peanut butter and bread (or Ritz crackers when I could afford to splurge) for months at a time. When I got to know this poor figure and heard her story I felt worse for her plight than for my own (I, after all, I thought I had everything to in front of me). I was genuinely appalled at one point, as we exchanged stories and commiserated with each other over our situations, when she in her grandmotherly fashion tried to convince me that I would be “healthier” eating cat food (like her) rather than trying to get all my substance from peanut butter and bread. I couldn’t quite go there, but the impression was made. I decided that I didn’t trust big business to take care of me, and that I would take responsibility for my own future and myself.

Return to the early ‘80s, and here I was off to a terrifying start as a ‘wet-behind-the-ears’ contract software engineer… and two years later, thanks to the fine backroom, midnight effort by the sleazy executives of Arthur Andersen (the very same folks who later brought us Enron and other such calamities) and an equally sleazy New York Senator (Patrick Moynihan), we saw the passage of 1986 tax reform act with its section 1706.

For you who are unfamiliar, here is the core text of the IRS Section 1706, defining the treatment of workers (such as contract engineers) for tax purposes. Visit this link for a conference committee report (http://www.synergistech.com/1706.shtml#ConferenceCommitteeReport) regarding the intended interpretation of Section 1706 and the relevant parts of Section 530, as amended. For information on how these laws affect technical services workers and their clients, read our discussion here (http://www.synergistech.com/ic-taxlaw.shtml).

SEC. 1706. TREATMENT OF CERTAIN TECHNICAL PERSONNEL.

(a) IN GENERAL – Section 530 of the Revenue Act of 1978 is amended by adding at the end thereof the following new subsection:

(d) EXCEPTION. – This section shall not apply in the case of an individual who pursuant to an arrangement between the taxpayer and another person, provides services for such other person as an engineer, designer, drafter, computer programmer, systems analyst, or other similarly skilled worker engaged in a similar line of work.

(b) EFFECTIVE DATE. – The amendment made by this section shall apply to remuneration paid and services rendered after December 31, 1986.

Note:

· “another person” is the client in the traditional job-shop relationship.

· “taxpayer” is the recruiter, broker, agency, or job shop.

· “individual”, “employee”, or “worker” is you.

Admittedly, you need to read the treatment to understand what it is saying but it’s not very complicated. The bottom line is that they may as well have put my name right in the text of section (d). Moreover, they could only have been more blunt if they would have came out and directly declared me a criminal and non-citizen slave. Twenty years later, I still can’t believe my eyes.

During 1987, I spent close to $5000 of my ‘pocket change’, and at least 1000 hours of my time writing, printing, and mailing to any senator, congressman, governor, or slug that might listen; none did, and they universally treated me as if I was wasting their time. I spent countless hours on the L.A. freeways driving to meetings and any and all of the disorganized professional groups who were attempting to mount a campaign against this atrocity. This, only to discover that our efforts were being easily derailed by a few moles from the brokers who were just beginning to enjoy the windfall from the new declaration of their “freedom”. Oh, and don’t forget, for all of the time I was spending on this, I was loosing income that I couldn’t bill clients.

After months of struggling it had clearly gotten to be a futile exercise. The best we could get for all of our trouble is a pronouncement from an IRS mouthpiece that they weren’t going to enforce that provision (read harass engineers and scientists). This immediately proved to be a lie, and the mere existence of the regulation began to have its impact on my bottom line; this, of course, was the intended effect.

Again, rewind my retirement plans back to 0 and shift them into idle. If I had any sense, I clearly should have left abandoned engineering and never looked back.

Instead I got busy working 100-hour workweeks. Then came the L.A. depression of the early 1990s. Our leaders decided that they didn’t need the all of those extra Air Force bases they had in Southern California, so they were closed; just like that. The result was economic devastation in the region that rivaled the widely publicized Texas S&L fiasco. However, because the government caused it, no one gave a shit about all of the young families who lost their homes or street after street of boarded up houses abandoned to the wealthy loan companies who received government funds to “shore up” their windfall. Again, I lost my retirement.

Years later, after weathering a divorce and the constant struggle trying to build some momentum with my business, I find myself once again beginning to finally pick up some speed. Then came the .COM bust and the 911 nightmare. Our leaders decided that all aircraft were grounded for what seemed like an eternity; and long after that, ‘special’ facilities like San Francisco were on security alert for months. This made access to my customers prohibitively expensive. Ironically, after what they had done the Government came to the aid of the airlines with billions of our tax dollars … as usual they left me to rot and die while they bailed out their rich, incompetent cronies WITH MY MONEY! After these events, there went my business but not quite yet all of my retirement and savings.

By this time, I’m thinking that it might be good for a change. Bye to California, I’ll try Austin for a while. So I moved, only to find out that this is a place with a highly inflated sense of self-importance and where damn little real engineering work is done. I’ve never experienced such a hard time finding work. The rates are 1/3 of what I was earning before the crash, because pay rates here are fixed by the three or four large companies in the area who are in collusion to drive down prices and wages… and this happens because the justice department is all on the take and doesn’t give a fuck about serving anyone or anything but themselves and their rich buddies.

To survive, I was forced to cannibalize my savings and retirement, the last of which was a small IRA. This came in a year with mammoth expenses and not a single dollar of income. I filed no return that year thinking that because I didn’t have any income there was no need. The sleazy government decided that they disagreed. But they didn’t notify me in time for me to launch a legal objection so when I attempted to get a protest filed with the court I was told I was no longer entitled to due process because the time to file ran out. Bend over for another $10,000 helping of justice.

So now we come to the present. After my experience with the CPA world, following the business crash I swore that I’d never enter another accountant’s office again. But here I am with a new marriage and a boatload of undocumented income, not to mention an expensive new business asset, a piano, which I had no idea how to handle. After considerable thought I decided that it would be irresponsible NOT to get professional help; a very big mistake.

When we received the forms back I was very optimistic that they were in order. I had taken all of the years information to Bill Ross, and he came back with results very similar to what I was expecting. Except that he had neglected to include the contents of Sheryl’s unreported income; $12,700 worth of it. To make matters worse, Ross knew all along this was missing and I didn’t have a clue until he pointed it out in the middle of the audit. By that time it had become brutally evident that he was representing himself and not me.

This left me stuck in the middle of this disaster trying to defend transactions that have no relationship to anything tax-related (at least the tax-related transactions were poorly documented). Things I never knew anything about and things my wife had no clue would ever matter to anyone. The end result is… well, just look around.

I remember reading about the stock market crash before the “great” depression and how there were wealthy bankers and businessmen jumping out of windows when they realized they screwed up and lost everything. Isn’t it ironic how far we’ve come in 60 years in this country that they now know how to fix that little economic problem; they just steal from the middle class (who doesn’t have any say in it, elections are a joke) to cover their asses and it’s “business-as-usual”. Now when the wealthy fuck up, the poor get to die for the mistakes… isn’t that a clever, tidy solution.

As government agencies go, the FAA is often justifiably referred to as a tombstone agency, though they are hardly alone. The recent presidential puppet GW Bush and his cronies in their eight years certainly reinforced for all of us that this criticism rings equally true for all of the government. Nothing changes unless there is a body count (unless it is in the interest of the wealthy sows at the government trough). In a government full of hypocrites from top to bottom, life is as cheap as their lies and their self-serving laws.

I know I’m hardly the first one to decide I have had all I can stand. It has always been a myth that people have stopped dying for their freedom in this country, and it isn’t limited to the blacks, and poor immigrants. I know there have been countless before me and there are sure to be as many after. But I also know that by not adding my body to the count, I insure nothing will change. I choose to not keep looking over my shoulder at “big brother” while he strips my carcass, I choose not to ignore what is going on all around me, I choose not to pretend that business as usual won’t continue; I have just had enough.

I can only hope that the numbers quickly get too big to be white washed and ignored that the American zombies wake up and revolt; it will take nothing less. I would only hope that by striking a nerve that stimulates the inevitable double standard, knee-jerk government reaction that results in more stupid draconian restrictions people wake up and begin to see the pompous political thugs and their mindless minions for what they are. Sadly, though I spent my entire life trying to believe it wasn’t so, but violence not only is the answer, it is the only answer. The cruel joke is that the really big chunks of shit at the top have known this all along and have been laughing, at and using this awareness against, fools like me all along.

I saw it written once that the definition of insanity is repeating the same process over and over and expecting the outcome to suddenly be different. I am finally ready to stop this insanity. Well, Mr. Big Brother IRS man, let’s try something different; take my pound of flesh and sleep well.

The communist creed: From each according to his ability, to each according to his need.

The capitalist creed: From each according to his gullibility, to each according to his greed.

Joe Stack (1956-2010)

02/18/2010

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New York governor Spitzer tied to prostitution ring

Monday, March 10, 2008

According to a report by The New York Times (The Times), New York Governor Eliot Spitzer informed his senior administration officials on Monday that he was being investigated for using a “high-class” prostitution ring. The Times report cites anonymous officials who work for Spitzer. A law enforcement official who spoke to Associated Press on condition of anonymity stated that a federal wiretap related to a recent investigation revealed that Spitzer paid for prostitutes from an online service under investigation.

ABC News reported that, according to federal officials, the federal investigation into the prostitution ring was initially motivated by money transfers which led agents to believe Governor Spitzer was hiding bribes. Sources familiar with the case spoke to The Washington Post and CNN, and said that Spitzer is identified as “Client 9” in court documents and on a federal wiretap.

In a brief press conference held Monday afternoon, Spitzer apologized to his family and to the public, but did not directly admit or deny involvement in the prostitution ring. “I apologize first and most importantly to my family. I apologize to the public, to whom I promised better. I must now dedicate some time to rededicate my trust to my family,” he said, adding that he “acted in a way that violates his obligation to his family.”

Spitzer did not answer questions from reporters, indicating he would have more to say “in short order.” He did not admit or deny any allegations.

The Times’ report alleges that Gov. Spitzer was a client of the Emperors Club VIP, a high-priced international prostitution ring. Last week, federal investigators arrested four people involved with the operation in and around New York. The investigation utilized undercover work and wiretap recordings at various club locations, including New York and Washington, with the latter allegedly containing Spitzer’s voice.

Reports indicate the governor learned on Friday, March 7, of federal investigators’ discovery of his alleged involvement in the prostitution ring. He informed his top aides on Sunday night before meeting with the rest of his staff Monday, according to The Times. Sources for the Fox News Channel and WCBS-TV in New York report Spitzer could resign and be indicted, in which case the Lieutenant Governor of New York, David Paterson, would become governor.

James Tedisco, the New York State Assembly Republican Minority Leader, says Spitzer should resign and state Republican leadership will initiate impeachment proceedings if the governor fails to step down. “Today’s news that Eliot Spitzer was likely involved with a prostitution ring and his refusal to deny it leads to one inescapable conclusion: he has disgraced his office and the entire state of New York. He should resign his office immediately,” stated Tedisco.

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Million Dollar Homepage is close to achieving million-dollar goal

Friday, December 30, 2005

Alex Tew, a student in England, has almost reached his target of one million dollars on his website: Million Dollar Homepage. He came up with the idea after jotting down ideas before he went to bed on how to become a millionaire before he went to university. Then he came up with the million-dollar idea: selling pixels at USD $1 each on a web page. Alex currently believes he can make his goal by the end of 31st December, 2005.

Advertising companies especially appreciate the website, as they wish to “make Internet history” on the Million Dollar Homepage. In fact as of writing, he has already made USD $999,000. The student says advertisers get to keep their ads for a period of five years from purchase and he says he will use the money he has made to guarantee it. Alex has said he has already got numerous job offers from companies aiming to secure his money making talent.

Tew is undergoing a business management course at Nottingham and needed GBP £7000 a year to complete his studies. He is understandably overwhelmed by the success he has achieved: “It’s just nuts. I’m in a state of disbelief. It’s like Monopoly money but then I look at my bank account and there’s a lot of cash in it.” The British National Union of Students claim that 90% of students are in debt. However, what only worries him is how he’s going to spend his money. He has already spent some of his money on a car for himself, as he thinks of what to do with his new fortune.

His website’s method is simple; his website is made up of one page divided into 10,000 boxes, each 100 pixels in size. Companies can buy one or more boxes for USD $100 each and cover it with a logo, which, when clicked on, transports web users to the customers’ own site.The figures add up with the site now carrying over 240 advertisements and has 30,000 hits a day. Even the actor Jack Black, star of “School of Rock” and “Shallow Hal“, is using the site to advertise his band Tenacious D.

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Tour The Us Capital With Charter Buses Of Dc}

Submitted by: Tanna Mana

Washington, DC offers a variety of things to take part in. Museums, parks, memorials, zoos, and many other historical sites mean that visitors could never possibly enjoy all that the city has to offer. With Charter Buses of DC, your group will enjoy a much easier sightseeing experience and incorporate comfort and safety as well.

We Know How Its Done Well

You may have never visited the city; you may be unsure of how to proceed. If so, we offer an on-site coordinator as an option to aid your experience. Should you already know what youd like to do and the order youd like to do it, feel free to deliver your schedule, and our driver will accept it as his own. However you decide to proceed, with a Bus Rental in DC, the customer service division will be ready around the clock to take your calls and answer questions, facilitate accommodations, and quickly fix problems. In addition, our online reservation system makes booking easier than ever before.

Dont Take Comfort for Granted

[youtube]http://www.youtube.com/watch?v=dEnvSDGiJ7Y[/youtube]

The fatigue and discomfort common to sightseeing can be avoided with a DC Charter Bus Rental. Your group will appreciate the temperature controlled ride with reclining seating and a roomy passenger area. Your traveling party will enjoy an opportunity to rest as the trip continues from stop to stop, and you can use every minute possible by using curbside to curbside service without concerns over the parking hunt.

Safety Included

A sightseeing tour must be approached with a mind to safety. Knowing that your entire group will remain together and safe is important. Your ride will be well kept, newer, and fully licensed, insured, and bonded, so you can entrust your safety to the machine. The machine itself isnt the entirety of the equation, however. The other half is the chauffeur. We maintain a system which includes comprehensive training, drug testing, and background investigations; your driver will be safe, trustworthy, and knowledgeable of the area.

Planning to visit the capital requires consideration of what youd like to see and do as well as how youd like to do it. Our services solve the transportation process and can help guide other selections as well. Reserve our services online to experience the full DC journey easily, safely, and comfortable.

Washington, DC offers a variety of things to take part in. Museums, parks, memorials, zoos, and many other historical sites mean that visitors could never possibly enjoy all that the city has to offer. With Charter Buses of DC, your group will enjoy a much easier sightseeing experience and incorporate comfort and safety as well.

We Know How Its Done Well

You may have never visited the city; you may be unsure of how to proceed. If so, we offer an on-site coordinator as an option to aid your experience. Should you already know what youd like to do and the order youd like to do it, feel free to deliver your schedule, and our driver will accept it as his own. However you decide to proceed, with a Bus Rental in DC, the customer service division will be ready around the clock to take your calls and answer questions, facilitate accommodations, and quickly fix problems. In addition, our online reservation system makes booking easier than ever before.

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. Call us (571) 210-4945 for reserve your desired Bus.

Source:

isnare.com

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isnare.com/?aid=1958040&ca=Travel}

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Bank of America declares 1.2 million account records “lost”

Monday, February 28, 2005

Charlotte, North Carolina — One of the biggest domestic banks in the United States, Bank of America, has admitted to losing computer tapes containing 1.2 million federal employee accounts, including the accounts of several U.S. senators, in a statement by the bank. According to the Pentagon, most of the accounts belong to staff and civilians in the Department of Defense. The bank said the tapes were lost in December 2004 as they were being transported to a data back-up centre by a commercial plane.

Currently, the U.S. Secret Service are looking in to the matter, a federal agency whose brief includes investigations of serious financial crime such as this. All parties concerned are worrying about possible identity theft as it contained valuable information such as bank account numbers, names and addresses.

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Malaysian government warns citizens about Uncyclopedia

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Tuesday, January 15, 2008

Satire site Uncyclopedia, a parody of online encyclopedia Wikipedia, has been labeled by the Malaysian government as dangerous. The Internal Security Department of Malaysia issued the warning today, saying that the site has “messages and information insulting Malaysia”.

The warning notes the creation date of the website as being 5 January 2005, and hosted by Wikia, Inc., both of which are correct. However, it claims Wikia owns Wikipedia; Wikipedia is a charitable non-profit website owned by the non-profit Wikimedia Foundation, while Wikia is an independent, for-profit company.

The report evidently mentions that Uncyclopedia covers Malaysian “history, culture, the political leaders, the government, the national song and the name / history of the national flag,” none of which is “correct”. They accuse the website of helping to reinforce a bad international image of their country.

There are no reports of the site being blocked from access within the country, only this statement, which urges Malaysians not to circulate the content.

Uncyclopedia’s article on Malaysia begins:

Essentially the penis of Asia which is located to the north of their cousins who live on an even smaller island Singapore, Malaysia (also known as Bolehland) is a young nation of diverse cultures and races such as F1 Formula-1 and Nascar. The timezone of Malaysia is unique because it follows the system of +1/+2 PMT (Predetermined Meeting Time) which is 1 or 2 hours later than PMT. Most foreigners have difficulty adjusting to this new timezone as they tend to show up 1 or 2 hours earlier than the local counterparts. The nation is moving forward with a vision towards becoming a developed nation by the year 2020, 3030, 4040 or whatever catchy number.

…Another common state that Malaysians have is denial (no lah, where got?), which incidentally, is a river in Egypt.

The site has fired back with a parody article posted at the site under their UnNews section, titled Uncyclopedia Internal Security Department warns on Malaysia. The article suggests that the “Internal Security Department of the Uncyclomedia Foundation,” which is a facetious and fictitious parent organization of Uncyclopedia, identifies Malaysia “as a dangerous country… It warned its people not to use the country today.”

There are forty-seven individual language editions of Uncyclopedia, including Tolololpedia, which is written in Bahasa Melayu, the Malay language. This is in addition to fictional “language” editions which include Oscar Wilde, Newspeak, N00b, White Supremacist, and Re: PharmaccgRy.

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To Regulate Or To Ban Online Gambling Games

Gambling has always been a part of our gaming since times immemorial, needless to remind the Indian epic, the Mahabharatha. Since then it took so many forms and shapes to be an integral part of gaming. Recently, and especially post lockdown, there has been a huge shift in the Indian gaming industry. The improvement in infrastructure facilities, the increase in internet consumption by people and the exposure for a wide range of games opened the door for online gambling and betting. This has seen the evolution of several new games like online rummy, poker, cricket fantasy games, etc and given a chance to entrepreneurs across the world to expand their territory in the Indian market with the help of game outsourcing companies like RubixQ. But are all of them legal?

In July 2020, a 20-year-old parlour employee who makes tattoos had to hang himself for not being able to pay the 20,000 that he lost on a gaming app. This isn’t the first time such incidents happened. The addiction to gambling, be it offline or online, has the capability of ruining a person’s life and eventually after the debts mount upon them, it can lead to any drastic decisions like suicides. It is the reason why high courts across the states like Tamil Nadu, Karnataka, Maharashtra, decided to ban online gambling games proactively before the number of such incidents rises. In September 2020, Andhra Pradesh government declared online gambling to be illegal. Instead of banning them, it made such activities an offence and people can be prosecuted when caught playing. These moves are made in a manner to scare people from gambling than preventing them altogether.

The Indian gaming laws categorize games broadly into two types – the game of skill and the game of chances wherein the latter comes into the gambling. This is the reason why Google had to pull out Paytm from the play store a while back, for violating the gambling policies and being the games of chances, whereas apps like Dream 11 are considered as games of skill. The Central government has no jurisdiction for gambling, the legislation of betting and gamblings lies in the hands of state governments and most of them have an exemption for games of skill. Recently Maharashtra government went to the Supreme Court to redefine what a game of skill is and what a game of chance is, and where the fantasy games fall under. The supreme court took up this and asked for a detailed report on it. If it passes the rule in the favour of fantasy games, that industry blooms like never before. Otherwise, they have to shut down.

Also, there’s another discussion floating around for having caps on gambling like 100 or 200 a day and there’ll be a cap for winning too accordingly. When the winnings are huge like in lakhs, the cap can increase up to 5,000 – 10,000. But then, the argument here is for the category of taxation for these games. If the winnings are in lakhs, though the companies are paying GSTs, the tax paid by winners is considerably less. So, they are looking at increasing this to a higher rate of tax for these activities.

According to research, the gaming industry in India is almost worth $150billions and in the worst-case scenario, corporates involved in it would only want regulations, not bans. For example, horse racing bettings are regulated, casinos in Goa and Sikkim are regulated. There’s another angle to this whole debate – psychological impact. There was a case where a college student of age 23, got addicted to gambling and eventually caught stealing, lying, losing control to end gambling sessions, getting unreasonably angry, etc. According to health experts, gambling is a behavioural addiction and it has its side effects of eating into the regular areas of functions. It can result in anxiety, impulse control issues, anger management issues, etc. So, with mental health being at stake, the ban is justified.

In economics point of view, legalization of these games with nuanced regulations and reasonable taxations can be effective, as governments can then have control over those activities. Otherwise, gamblings can happen in any form or manner and hoard a lot of black money that go unnoticed. There are some international examples like the UK Gambling Act of 2005 where they have a licensing regime for the 4-5 game categories. However, considering the facts that the industry is still in a nascent stage and the huge number of players, it is a strenuous task for governments to regulate the game of chances.

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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

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