BANKRUPT UK GOES UNDER

8th DEC 2015 CUMBRIA UK 

Storm Desmond: Thousands of people flooded out of homes

8 DEC 2015. PM David Cameron whinges: 

"...Sorry to ruin your Christmas; but I can't do anything about floods. The austerity Chancellor tells me that  we haven't got any money for UK infrastructure. Mine and the Cabinet's and all our pals' billions are in the tax-havens. And that's where it will all stay. Only little people pay tax. You paupers can dig the sludge out of your hovels over the Christmas holiday. After all, you've nothing else to do and nowhere else to go." 

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DEC 2013 - Somerset Floods - Government promises, promises, promises.. NOTHING.

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Cumbria floods November 2009 — a look back

"....But our Government hasn't got any money for flood defences."

These Somerset rain flood waters spread from Bristol to London and stopped within 1 mile of Heathrow & Gatwick airports, the UK's major freight and passenger airports. Planes cannot land or take off through flood waters. "But we haven't got any money to fix this"

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GLOBAL WARMING - COMING TO A CITY NEAR YOU

The Prime Minister

10 Downing Street

London SW1 0AA

By Post and Email – CC Media

15 June 2013.

Dear Mr Cameron,

Offshore tax and offshore cities.

I applaud your brave leadership, urging the G8 nations to eradicate tax avoidance and evasion, particularly via tax-havens. My purpose is to help UK industry grow, for the sake of my grandchildren.

(1) As a member of TJN, the Tax Justice Network, and a tax planning poacher turned gamekeeper; I have learned from Treasury Minister David Gauke, via The Rt. Hon Andrew Smith MP ( TAX-HAVEN OWNERS IDENTIFIED  ) that HMRC aims to collect a further meagre £3 billion from offshore and onshore tax avoiders. The OECD Paris office calculates there is $21 trillion of tax-evasion-capital-flight hidden in tax havens, which grows by $1 trillion per annum. Wall Street experts estimate the offshore total is now $32 trillion – which logically accords with $1 trillion a year being globally siphoned offshore in the 30 years since the start of the 1980’s Big Bang disastrous “light–touch” regulations. I estimate that $4 trillion of this was siphoned, with questionable and hence retrospectively reversible tax-relief claims, from UK High Streets, which could be recovered by HMRC applying the existing back-duty-tax rules that they still strictly apply to homeland UK tax offenders. With the recent 130,000 names from the BVI data and now with PRISM, it is clear that governments know in detail where the offshore assets are – and could quickly issue protective tax assessments.

Do you agree that HM Treasury is mistaking the trillions we could repatriate, for their risible target of £3 billion – a sweetheart deal factor of 1,000 times?

(2) With 63 million citizens, we need more land and more homes. If HM Treasury collects $4 trillion (about 7 million jobs), the government must ensure it is immediately invested, privately or publicly, into long term sustainable, high-tech UK industry. As a so called “distinguished futurist” I urge you to use the money to build offshore, but not tax-haven, sophisticated, large, floating, solar, wave and wind, self-sufficient, energy exporting UK cities. The existing economics for utilising seascape are compelling - providing British jobs for our seafaring nation with our world class marine engineering and shipbuilding skills. Add the future economic case, when low lying land and cities worldwide begin to flood: the UK will have far overtaken current Dutch floating buildings technology and will lead the world in permanent floating conurbations, and will have a very profitable new, green-low-carbon export industry.  The first might be Cameron City on Sea, perhaps.

BEWARE - GREAT BRITAIN IS JUST
RESTING - AND GATHERING
ITS GIANT STRENGTH.

Rather than watch Britain become a mass retirement home of inert, obese, hapless, hard-up, TV-drugged, soporific, sick, unemployed  pensioners, I am prepared to publicly debate this offshore innovation with all whingeing and whining “can’t do” NIMBYs, and with any “do nothing – change nothing – all we want is a quiet death” groups of politicians, scientists or economists.

I would appreciate your views – and active support.

Yours sincerely

Noel Hodson

16 Brookside

OXFORD OX3 7PJ

Tel 01865 760994

Mobile 07713 681216

noel@noelhodson.com

• $32 TRILLION OF BACK-TAXES - NOW!
• CAMERON CALLS IN THE TAX HAVENS

• TAX AND ECONOMICS 29TH APR to 31 DEC 13

    

$32 TRILLION OF BACK-TAXES - NOW!

THE FURIES MAKING THEIR POINT
TO A SCORNFUL MALE.

Hell hath no fury like a woman scorned. In the long bitter war between haves and have-nots which has slashed real Wages by at least 25% and equivalently up-valued Capital; today is a day to mark. The news from the UK today is perhaps a watershed, a line in the sand, a turning point, a battle won, perhaps even a victory; and it revolves around two remarkable women.

Yasmin Prest, risking legal costs of $4 million in fighting a UK divorce case, has won a Supreme Court ruling that several houses and other assets that her oil trader husband "transferred" to Petrodel Resources Ltd. a sham Isle of Man tax-haven company, to diminish his apparent wealth, are in fact owned by him - not by the sham company. The stakes are high - this ruling brings her an extra $22 million in the settlement. So we can assume that the "transfers" of ownership via London, made by her Nigerian born husband (so complex Residency and Tax-Status rules may be involved - giving top lawyers and tax-planners plenty of wiggle room) were carefully planned to "comply with all the laws of the UK". But the Supreme Court has judged the transactions to be sham and has set them aside. You and I, and the "ordinary man on the Clapham omnibus" might have seen through the ruse in 5 minutes of leaning on the bar at the Admiral Nelson pub in Wapping, and wondered why it has taken lawyers years to see the light and apply "common sense". It could be that we peasants are too simple, too lowly, too dumb to understand The Majesty of the Law and the lofty machinations of High Finance.

Lady Margaret Hodge MP, Chair of the Public Accounts Committee, on our behalf, has today announced that Google, as an example of a major multinational earning billions of dollars a year  from UK customers, must be "comprehensively investigated" - as contrasted with yet another gentle and caring "sweetheart" deal - by Her Majesty's Revenue and Customs, HMRC, which is the UK equivalent to America's IRS. They must be investigated because Google's tax-planners have failed to convince Lady Hodge's committee that all Google's UK sales contracts are made in non-UK tax-haven Ireland. BBC radio news programmes this morning "grilled" or politely and lightly toasted a senior HMRC investigator about the non-investigation of major company tax-cheating, subsequent refutation and denial of their imaginative "transfers" to tax-haven companies over the past 35 years, and thus the non-charging and non-collection of billions and billions of tax.

14 JUNE 2013 Report from Lady Hodge's investigation into Google's UK tax.

The HMRC's cheerfully untrammeled spokesman, stepping into the public shoes of the disgraced ex-head of HMRC, Dave Sweetheart Deals Hartnett, who has just joined his old pals at Deloittes, who audited Vodafone, who Dave let off about $6 billion in tax in a handshake deal; defended Hartnett and HMRC's investigations and back-tax collection record, throwing around figures like $30 billion (one hundred thousand jobs) collected in the past 3 years. The BBC pointed out that the official non-collected tax-gap remains at about $40 billion  a year - $400 billion (one million jobs) since 2002. 

Both the BBC and HMRC (and HM Treasury) persistently understate the amount collectible via possible back-duty cases, by a factor of up to 1,000 times. It seems to me that these offices and department are infested with committed tax-planners, lawyers and accountants - who potentially face severe commercial and maybe criminal penalties if their schemes for clients retrospectively unravel. The amount gouged from the UK High Street to tax-havens since 1980 is about $3 to $4 trillion (seven million jobs). The USA has lost about $16 trillion (twenty-eight million jobs). Proper collection of these back taxes will refuel the entire global economy - and start the next, hugely wealthy, economic era. The new era should start with global laws to pay people a living-wage; non-living wages are insane economics and an intolerable burden on our tax-dollars and business markets. 

What the divorcee Mrs Prest has proved, to the satisfaction of the Supreme Court, is what we all know. The transactions that gouge vast amounts of tax-evasion-capital-flight from our nations to tax-havens are sham. They are false accounting, many are fraudulent conspiracies - all can be retrospectively denied the tax relief previously granted - since 1980 - we can repatriate up to $32 trillion and The World can be replenished to get on with its business. Now that we know that thanks to PRISM the NSA and GCHQ and China and Russia and the EU all know where the tax-cheat's tax-haven assets are - back-tax cases should be quick and easy to prosecute. PRISM - "THEY" DO KNOW WHERE YOU LIVE What are we waiting for?

• BENT BOOKKEEPERS BEWARE
• TALL TAX TALES - FAIRY DUST
• WILL TAX-PLANNERS BE JAILED?
• TAX-HAVEN OWNERS IDENTIFIED
• TAX-HAVEN LONDON -v- 50% JOBLESS 
• TAX AND ECONOMICS ARTICLES 29TH APR 13

P.R.I.S.M - FUTURE SURVEILLANCE

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17TH JULY 2014 - The UK Government has used the public's loathing of child abusers to shoehorn in, literally overnight, a new 1984 Total Surveillance law - DRIP - which requires all telephone and internet providers to retain all records of all telecoms and internet use on all citizens, in perpetuity. And, of course, to give total access to government agencies. This contrasts with German Chancellor Angela Merkel's and EU demands that the US (and the UK) stop meta-data and personal e-spying on family, friends and foes alike.

Conservative PM, David Cameron, insists that he and DRIP are keeping us all safe in beds - safe from Terrorists and Sex Abusers; and that "IF YOU HAVE NOTHING TO HIDE, then you have nothing to fear" - the assurance offered by all mad dictators and secret police. This coincides with a new inquiry into sex abuse by senior UK political figures - allegedly including top Tory figures - who among other unpleasant habits beat and sodomised little boys trapped in government "Care Homes", from about 1950 to date; probably all Friends of Jimmy Savile.

To demonstrate the urgent need for DRIP, UK police have, on the same day the snooping law was passed, arrested 660 UK pedophiles who have been accessing and swapping vile images of abused children. Only 39 of those arrested were previously on the Sex Offenders register. A police investigator for OPERATION NOTARISE said there are 50,000 Brits who use such illegal criminal pornography. An academic expert from UCL, on BBC Newsnight 16th July, claimed that 1 in 6 UK children are sexually abused; which is so unlikely that he ought to check his data and insane calculations.

FUTURIST VIEW - So, what are the consequences? Government will know what all citizens are doing on-line and no records will be deleted. Any attempt to block surveillance and keep business confidential will be an immediate target for zealous snoopers. This will accelerate the growth of the unhackable (so far) INTERNET 2 called MESHNET and other wireless networks. It will also enable TAX COLLECTORS to gather cast iron evidence of tax and money frauds going back decades, which will cause a run on the world's 74 tax-havens. On-shoring will greatly accelerate from now - in 2014. For child-abusers, terrorists and tax-evaders there is nowhere safe to hide.




PRISM - the news of the mass collection and storage of everyone's messages, has shocked most citizens. Government officers, elected and not elected, and "intelligence experts" pretending not to be spooks, are crowding our TV screens, radio news, magazines and newspapers to tell us that total surveillance is the price we pay for security. These pillars of the community remind us several times a day that letters have been intercepted and conversations eavesdropped since the beginning of history - for the good of society. We celebrate our top spies and code breakers as defenders and saviours of our freedom. And most love and use the technology that PRISM needs to track our every move, message and meal. The UK happily and meekly accepts being the most CCTV'd nation on Earth - though I think US spy-cameras are catching up very fast.

On the other side are all who have read George Orwell's 1984, The Spanish Inquisition, The Witch Trials, The Crucible, The Holocaust, Stalin's 10 Million Murders, McCarthyism and about all the other total loonies who have been elevated to power by the people - and then horribly oppressed the people. Stasis, Nazis, Jesuits and Thought Police have appeared regularly throughout the ages to persecute sane citizens and oppress them with torture, slaughter and leaden, psychopathic bureaucracy.  Not all public servants are saintly servants of the public. Arming them with trillions of our communications may be a very bad idea.

Counter intuitively and contrariwise, in our Alice in Wonderland world, the very agencies that are spying on the citizen's are those with the greatest need and desire for privacy. Senior government figures, spies, military planners, defense contractors (I mean real defense, not war mongering), innovators, inventors, internet companies, electronics makers and software writers etc. all seek covert dens in which to hide and practice their dark arts - and to protect their secrets from the incontinent media. These public and civil servants are neither public nor civil in their desires and actions to manipulate the populace, the plebians, the hoi-polloi, (the US dictionary doesn't know these green words - let's regard it as cultural exchange) and lead us all into a future as envisioned and moulded by them - on our behalf, like it or like it not. Is this perhaps what "They" chat about at the Machiavellian secret meetings of The Bilderberg Group, currently in Watford, England? They too crave the utmost secrecy - as do husbands and wives having affairs and the billions of men and women who access pornography; the pleasure of human sex acts is ruined if performed in public,  say, at a post office, scrutinized by bureaucrats - other than for a strange minority. 

My forecast for the future of global communications is that privacy will be restored, by new technologies that the users can confidently control. In my book about the future AD2516, all citizens have mind-controlled bio computers, from infancy, with total access to all data and communications - but they also have total control and optional total privacy. It may take a few centuries, but we will get there. Oh... and my future citizens also have dispensed with Money. Its a great new world.

• BIG BROTHER IS WATCHING YOU!   - RIPA April 2012

FORECASTS FROM 2013

PRISM - "THEY" DO KNOW WHERE YOU LIVE

THROUGH A GLASS DARKLY - PRISM
George Orwell's 1984. 

In yesterday's blog - CAMERON CALLS IN THE TAX HAVENS  - I warned that “They” know who you are, where you live and what your tax-haven assets are. 

Today we learn about PRISM, the US National Security Agency program that gives the FBI and other government bureaus access to all past and present telecommunications data. PRISM was kick started by President George W Bush in response to the destruction of the World Trade Center. Starting with Microsoft in 2007, all the ISP’s, telephone companies and, I guess, microchip makers have been obliged to give PRISM direct access to their data. The US administration denies that it has a “backdoor” into all the internet and telecoms companies. While admitting they can intercept or recover all texts and conversations in full – they deny that they do; claiming to only track the To & From traffic addresses.

“They” justify PRISM as stopping terrorists; which is in welcome contrast to the UK’s ludicrous justification of stopping lone paedophile murderers who are motivated by internet porn. PORNONET STATISTICS .  The UK’s equivalent to PRISM is GCHQ, a massive listening and interception complex, of about 2,000 people, at Cheltenham.

Also in the news is the Chinese telecoms giant Huawei, which is suspected of launching global cyber-attacks and perhaps intercepting internet and telecoms traffic. I guess that Chinese made computers and phones have built in interception circuits. Far-fetched paranoia? No, not really. 15 years ago top BT telephone engineers said they did not know what the tiny circuits did or how to make the vital microchips used in all UK telecoms equipment, bought from the Far East.  In 2005, BT employed Huawei to modernise the entire UK’s telephone network.

What the USA, UK and China are doing is almost certainly being done by Russia, the EU and most developed nations. The Cold War has become the Snoopers War - in which the right to privacy of all citizens is merely inconsquesential collateral damage.

BIG BROTHER is well and truly established in all major governments worldwide.  So what will happen next? I think that the vital need for private communications in government, defense, industry, research, commerce and human relationships, will drive a new industry to create bug-free devices; and the ever creative geeks will create an alternative internet – Internet2 – free of surveillance and most of the junk.  In the meantime, remember - THEY DO KNOW WHERE YOU LIVE – and they are listening. 

CAMERON CALLS IN THE TAX HAVENS

TAX EVADERS WILL BE RE-EDUCATED
TO BE GOOD CITIZENS,
BEFORE RE-JOINING SOCIETY.

"Cameron calls in the tax havens" is the front-page headline in the 5th June 2013 Guardian newspaper. Tax Justice Network, UK and US Uncut and all protesters against poverty, shout HURRAH!

But...  the next question is: what does Conservative,  upper-class, Offshore City Trust Fund Babe, Etonian, Bullingdon Club, Oxford, minor aristocrat, related to HM Queen, UK Prime Minister, The Rt Hon David Cameron MP, really intend?

At home, in the UK, tax cheats, tax planners and tax haven apologists are creating public bewilderment about tax-minimization (following government incentives), tax-avoidance (fiddling the books like ENRON)  and tax-evasion (hiding money, people's identities and lying). E.G. Today's BBC news reports the Tory's shock and horror about a rich man giving £1.3 million to The Labour Party and getting charitable tax relief;  and they rank it with tax-evasion. It is not.

We, The People, must learn that while the black economy and local tax fiddling is unfair, it does not damage the economy. Whether a plumber hangs on to some tax, or whether the government gets and spends it, makes little difference nationally. What does ruin nations, and what has ruined nations, is Tax-Evasion-Capital-Flight, when both the tax (say 30%) and the profits (100%), paid by hardworking people from their after-tax incomes, are gouged from our High Streets and siphoned to tax-havens. Tax haven assets have been built from illegal Tax-Evasion-Capital-Flight - and now we need the offshore $21 to $34 trillion repatriated.

What the tax-evaders are frantically lobbying for is a protection deal - to draw a line in the sand today - they'll volunteer, say, 5% tax and the government, tax collectors and courts will forgive and forget. I don't think that is how it will be - why should government settle for 5% when it can legally, under existing laws, claim 300%? Angry citizens, impoverished by austerity and lack of national investment, who have paid their taxes for the past 30 years, should watch this space.

The reasons for creating a thick black smokescreen of confusion is that the stakes are very, very, very high. There is more than $21 trillion hidden offshore and those who fabricated invoices, signed false audits and tax-returns, hid identities and laundered the vast amounts siphoned from OECD nations - could go to prison; while their understandably annoyed clients cough up 3 times the original, evaded tax bills. $21 trillion repatriated to national treasuries will pay all deficits - we could all have a tax holiday - but that $21 trillion will be defended by the anonymous "owners", to their last breath. Look out for massive bribery of government officers (why not join the civil service today?). Will honest officers take two steps forward. Where is the 2013 version of Elliot Ness and his brave incorruptible team of Untouchables? 

As he takes on the Chair of meetings of the G8 nations -  the countries of Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States - David Cameron pledges to crackdown on tax-avoidance, tax-evasion and thus tax-havens. The tax havens, whose leaders he has summoned to his court, are those that Britain still governs, by historic precedence or by economic clout. They include the Crown Dependencies of Bermuda, The British Virgin Islands, the Cayman Islands, Gibraltar, Anguilla, Montserrat, the Turks and Caicos Islands, Jersey, Guernsey, and the Isle of Man. Cayman is credited with being one of the largest global money laundering centres - and the World is waiting for the impact of, and tax clawback from, the 130,000 recently published names of British Virgin Islands tax-evaders. Even Greece might get back some loot gouged from Athens over the past 30 years.

Presumably the other 7 nations will crack down on their tax havens; and put pressure on all OECD members. It might surprise some readers to see LONDON as one of the largest tax-havens and money launderers. What will the UK's Prime Minister do about that?            

OECD membership 

Australia Austria Belgium Canada Chile Czech Republic Denmark Estonia Finland

France Germany Greece Hungary Iceland Ireland Israël Italy Japan

Korea Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic

Will all OECD nations cooperate to also "crack-down" on offshore and onshore low tax regimes and money laundering centres? That should sweep up all 71 or more tax-havens, as listed in 2011 by The Tax Justice Network's Financial Secrecy List.  This list is based on OECD data which is updated as regimes are persuaded to join and cooperate with the tax and treasury departments of the big economies. 

WORDS OF CAUTION AND OF COMFORT

If you imagine that they don't know where you live and what assets you've hidden - think again! Not only have 130,000 BVI names just been published from a single tax-haven but the US, for example, has been working via FACTA (Foreign Account Tax Compliance Act) since 2010 and, with the OECD, Paris, are cracking open the secret safes in all offshore banks, including Swiss banks. Best advice is "Move your Money Onshore - now" and clean up your tax affairs voluntarily. ...And check your tax advisers' Professional Indemnity Policies.

• 130,000 TAX EVADERS NAMED 

TAX AND ECONOMICS ARTICLES 29TH APR 13
TAX TALES & "WE DO BELIEVE IN FAIRIES"
WILL TAX-PLANNERS BE JAILED?
TAX-HAVEN OWNERS IDENTIFIED

PORNONET STATISTICS

I have been challenged on my statistics from 2005. Don't ask me to remember your name - or the actor who played Spartacus in the original 1950's film, or Manchester United's famous manager (Alex somebody?) - but I do recall your Balance Sheet and many boring old statistics. I accept that I should get out more. Read this with yesterday's article INTERNET POLICE .

 12 OCT 05 – Hands off our Internet!

This IS the epochal battle for the future. (NB - On the 4^th day of the major earthquake disaster as the Indian sub-continent rammed Asia at the Himalayan boundary killing up to 40,000.) Administrations, corporations and media barons around the world are trying desperately hard to gain control or influence over the Internet. From grey, anonymous civil servants, to secret police, to grasping corporations, to well meaning religionists, to shocked moralists, to oppressive dictators, to crazed fundamentalists, to busybody neighbours, there are millions of people who want to act as thought police and veto the free-speech and dictate the consumer choices of errant thinkers. If only my Catholic teachers, nuns, monks and priests had owned such media control – they would not have had to beat me every day to persuade me of their god given messages and I may never have thought to quit the Holy Roman Catholic Church, the One True Faith, come to believe through banned books that the Earth goes round the Sun or sinfully eaten meat on Fridays. Here is my letter to The Guardian – which wrote an editorial in favour of national controls over the WWW.  Would all those who imagine they are qualified to censor web content and use and tell everyone what to think – please identify themselves – email your name and authorising credentials to noel@noelhodson.com : in the subject line type I CAN RULE ICANN.  We’d particularly like to hear from those guided directly by the Voice of God. 

9 MAY 05 - Internet Pornography, Masturbation and Self-Abuse 

http://www.noelhodson.com/index_files/NEWS.htm#_Toc327608910 

A new report on the use of internet pornography, based on a massive survey of 18,000 respondents, is due to be published shortly. The survey was organised and analysed by ex-New Yorker, psychologist, Brett Kahr, Senior Clinical Research Fellow in Psychotherapy and Mental Health at the Centre for Child Mental Health in London under the auspices of the Tavistock Centre for Couple Relationships, London and will rank alongside earlier major sexology studies such as Kinsey – 1948 and Masters and Johnson – 1966. A pre-publication workshop indicates that the report shows that 87% of men and 56% of women access pornography on the web. Internet users, at least those surveyed, on average masturbate or have sex with others 4 to 5 times a week. The author speculates that the rapid introduction into our homes of complex internet access tools has been partly due to the powerful sex drive to see the universally gossiped about sexual content on the WEB. In advance of the written data, which when reported in the media is almost certain to fuel new campaigns to censor pornography, I want to record some thoughts:- 

12 JUN 06 - BRITISH SEX ON THE NET – TIME MAGAZINE

http://www.noelhodson.com/index_files/NEWS.htm#_Toc327608910

These statistics support the findings in Brett Kahr’s report, below.

Pornography on the Net – 9th May 05, which is also a survey from the UK.

TIME MAGAZINE 12th June 2006 published more of their enigmatic stats:
9	million British men downloaded pornography from the Internet, last year.
1.4	million British women -ditto-
	Our assumptions
Population of the UK	60,000,000
Lifespan	72	Years
so born PER YEAR	833,333
50% are male and 50% female	50%	50%
Men who downloaded images in 2005	9,000,000	1,400,000	Women who downloaded images in 2005
Males born per year	416,667	416,667	Females born per year
	AGE	AGE
Interested in sex with access to Internet from	14	14	Interested in sex with access to Internet from
to	80	54	to
years	66	40	years
Adult sexual males	27,500,000	16,666,667	Adult sexual females
Males with private/home access to the internet?	33%	20%	Women with private/home access to the internet?
Men with private access	9,075,000	3,333,333	Women with private access
Use pornography	100%	42%	Use pornography
	UK	UK