BBC News Trial ‘warnings’ over cannabis use Instead of formally cautioning people caught with pot, police in Brixton will be able just to tell them to hand it over and wag their fingers at them. Surely the idea of the police trying to wipe out cannabis usage in an area like Brixton was always foolhardy?
Archive forJune 15th, 2001 | back to home
15 June 2001
Economist.com survey of the very rich (registered users only) contains an entertaining quote from Dean Dorman, who worked for Chemdex which went from $239 a share in Feb 2000 to $0.37 now, Those who made $2m-10m are pretty damn happy they did, though disappointed they didnt take out more. That sort of money allows you to take a sabbatical, clear your head for a year or two.
A year or two? For the rest of us working stiffs that would set us up for life – or next to it…
Also here is an absurdly optimistic (but typically Economist) quote:
“Millionaires are not what they used to be. In industrial countries, almost anybody prepared to work hard, save diligently and live like Scrooge can become one.”
(Well, perhaps a millionaire on retirement – by which time it would not be worth what it was when you started).
And here is some specious reasoning on taxing the rich:
“The main consequence of the bash-the-rich rhetoric of much public discourse … may be to discourage them from putting their wealth to use for the common good… How much better to … debate constructively with them how best to put their resources to work … is most easily done under a fiscal regime that requires them to pay a fair but not excessive amount of tax.” I don’t have the evidence to hand but I would guess that if you look at the %age of money given to good causes by the American super-rich it doesn’t come close to compensating for the amount they benefit by the lower taxes that they pay (compared with Europe).
There is also a brief overview of Saint Bill (Gates) and his foundation which is looking for vaccines for diseases afflicting the developing world. Support the Microsoft hegemony and help save billions of lives – that’s an appeal I can support…credit phone accept card paymentaccreditation collegescore 500 creditpaypal credit cards with accept onlinecredit of 4 cscard 0 credit bank japanesenews union credit americanaccept mexico accept card canada credit Map
