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	Comments on: Debt or Taxes &#8211; the battle of our time	</title>
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	<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/</link>
	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: Joe R		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9414</link>

		<dc:creator><![CDATA[Joe R]]></dc:creator>
		<pubDate>Fri, 02 Dec 2011 02:11:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9414</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9016&quot;&gt;Patrick Donnelly&lt;/a&gt;.

100% is not mentioned in my piece, Mr Civil Servant. Tell me did you fail English in the Leaving or something and ended up where you are at?

You say you work for revenue investigation in Ireland ( department of taxation ) and you are reading and commenting on what looks pretty close to OFFICE HOURS to me on a blog which speaks of the off-shore or tax haven nature of Irelands corporate tax make-up? 

Curious that. In what capacity. To spread disinformation? 

Well if so Sun Tzu would have approved! One of his five types of espionage and vital to successful warfare!

Ireland is a tax haven. More international organisations and commentators and for that matter company accountants who work the system inside of Ireland  than you can shake a large stick at , openly admit that. 

As did this blog make it clear its a respectable tax haven with a population of debt serfs attached...

25 billion ponds is lost to the UK economy each year and another 75 through avoidance, such as this. Why they tolerate this next door I don&#039;t know.

The information on Hillebrande Todbulk came first hand to me from aloud-mouthed insulting overweight accountant inside JF Hillebrande in Dublin. I have his company emails on my mail account. 

And the branch is loss making on Irish business they have f**k all. Its there to book profits from elsewhere. 

I had an invite to dinner with these types a few years back during on of their super short annual visits, which I couldn&#039;t attend though as a fly on the wall I would have enjoyed it.

Tell me, please Patrick will you, why don&#039;t investigations go and poke around at Pocket Kings ( also know as Full Tilt Poker ) the poker company that had 800 employees up the road from Hillebrands whose founding professional player was arrested in the US for money laundering amongst other charges this year...

http://www.thejournal.ie/director-of-dublin-based-online-poker-company-charged-with-fraud-in-us-122303-Apr2011/

....instead of spending taxpayers money reading and monitoring my comments?

BTW the version that appeared in Ireland on this story was watered down a bit;

http://www.irishtimes.com/newspaper/breaking/2011/0914/breaking64.html

But the Irish taxation authorities, which you have admitted you are a part of, have a see no evil, speak no evil, see no evil policy don&#039;t they to all this stuff?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9016">Patrick Donnelly</a>.</p>
<p>100% is not mentioned in my piece, Mr Civil Servant. Tell me did you fail English in the Leaving or something and ended up where you are at?</p>
<p>You say you work for revenue investigation in Ireland ( department of taxation ) and you are reading and commenting on what looks pretty close to OFFICE HOURS to me on a blog which speaks of the off-shore or tax haven nature of Irelands corporate tax make-up? </p>
<p>Curious that. In what capacity. To spread disinformation? </p>
<p>Well if so Sun Tzu would have approved! One of his five types of espionage and vital to successful warfare!</p>
<p>Ireland is a tax haven. More international organisations and commentators and for that matter company accountants who work the system inside of Ireland  than you can shake a large stick at , openly admit that. </p>
<p>As did this blog make it clear its a respectable tax haven with a population of debt serfs attached&#8230;</p>
<p>25 billion ponds is lost to the UK economy each year and another 75 through avoidance, such as this. Why they tolerate this next door I don&#8217;t know.</p>
<p>The information on Hillebrande Todbulk came first hand to me from aloud-mouthed insulting overweight accountant inside JF Hillebrande in Dublin. I have his company emails on my mail account. </p>
<p>And the branch is loss making on Irish business they have f**k all. Its there to book profits from elsewhere. </p>
<p>I had an invite to dinner with these types a few years back during on of their super short annual visits, which I couldn&#8217;t attend though as a fly on the wall I would have enjoyed it.</p>
<p>Tell me, please Patrick will you, why don&#8217;t investigations go and poke around at Pocket Kings ( also know as Full Tilt Poker ) the poker company that had 800 employees up the road from Hillebrands whose founding professional player was arrested in the US for money laundering amongst other charges this year&#8230;</p>
<p><a href="http://www.thejournal.ie/director-of-dublin-based-online-poker-company-charged-with-fraud-in-us-122303-Apr2011/" rel="nofollow ugc">http://www.thejournal.ie/director-of-dublin-based-online-poker-company-charged-with-fraud-in-us-122303-Apr2011/</a></p>
<p>&#8230;.instead of spending taxpayers money reading and monitoring my comments?</p>
<p>BTW the version that appeared in Ireland on this story was watered down a bit;</p>
<p><a href="http://www.irishtimes.com/newspaper/breaking/2011/0914/breaking64.html" rel="nofollow ugc">http://www.irishtimes.com/newspaper/breaking/2011/0914/breaking64.html</a></p>
<p>But the Irish taxation authorities, which you have admitted you are a part of, have a see no evil, speak no evil, see no evil policy don&#8217;t they to all this stuff?</p>
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		<title>
		By: steviefinn		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9224</link>

		<dc:creator><![CDATA[steviefinn]]></dc:creator>
		<pubDate>Mon, 28 Nov 2011 21:02:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9224</guid>

					<description><![CDATA[Seems as though there is something even worse in the new Greek government than technocrats, such as neo-nazis. From a guy named Mark Ames, he also gives details on the recent arms deals that the Greek military secured from the US &#038; France, seemingly to keep them sweet. I suppose at times of crisis extremists will come crawling from under stones to take advantage of the chaos.

http://politicalaffairs.net/austerity-fascism-in-greece-the-real-1-doctrine/]]></description>
			<content:encoded><![CDATA[<p>Seems as though there is something even worse in the new Greek government than technocrats, such as neo-nazis. From a guy named Mark Ames, he also gives details on the recent arms deals that the Greek military secured from the US &amp; France, seemingly to keep them sweet. I suppose at times of crisis extremists will come crawling from under stones to take advantage of the chaos.</p>
<p><a href="http://politicalaffairs.net/austerity-fascism-in-greece-the-real-1-doctrine/" rel="nofollow ugc">http://politicalaffairs.net/austerity-fascism-in-greece-the-real-1-doctrine/</a></p>
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		<title>
		By: Charles Wheeler		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9223</link>

		<dc:creator><![CDATA[Charles Wheeler]]></dc:creator>
		<pubDate>Mon, 28 Nov 2011 21:01:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9223</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9212&quot;&gt;Neil (the original one)&lt;/a&gt;.

http://youtu.be/ZR6wok7g7do]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9212">Neil (the original one)</a>.</p>
<p><a href="http://youtu.be/ZR6wok7g7do" rel="nofollow ugc">http://youtu.be/ZR6wok7g7do</a></p>
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		<title>
		By: Neil (the original one)		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9212</link>

		<dc:creator><![CDATA[Neil (the original one)]]></dc:creator>
		<pubDate>Mon, 28 Nov 2011 14:33:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9212</guid>

					<description><![CDATA[Telegraph:

&quot;Some chilling words on the euro debt crisis from the OECD (Organisation for Economic Co-operation and Development). Policy makers around the world must &quot;be prepared to face the worst&quot;, they say.

The failure of EU leaders to stem the crisis could &quot;massively escalate economic disruption&quot; and end in &quot;highly devastating outcomes&quot;.

&quot;The euro area crisis represents the key risk to the world economy at present. A large negative event would... most likely send the OECD area as a whole into recession.&quot;

A significant worsening of the eurozone debt crisis would push the single currency area into recession of more than 2pc for the next two years. The US and Japanese economies would also be tipped into recession.

There would be intense pressure for some countries to abandon the euro, which the OECD warned would amplify the crisis and trigger &quot;massive wealth destruction, bankruptcies and a collapse in confidence in European integration.&quot; 

- and:

&quot;Turmoil in Europe risks creating a new credit crunch. The funding hole for European banks is deepening as they struggle to sell bonds.

European banks have sold £267bn worth of bonds this year - just two-thirds of what is due to be returned to investors in 2011 as debts mature, according to data compiled by Dealogic for the Financial Times.

It leaves banks with a funding gap of £207bn - the first time European lenders have collectively been unable to replace their maturing debt with new bonds in at least five years. Investors are reluctant to touch bonds over uncertainty of the health of some banks, the fate of the euro and the impact of regulation - leaving the prospect of a funding freeze.&quot;

- but:


&quot;European markets have surged on reports of an IMF bailout for Italy and chatter of a German-led six-nation bond issuance to raise loans for Club Med. 

Paris CAC up 4.02pc to 2972.

Frankfurt DAX up 3.63pc to 5691.

Milan FTSE Mib up 3.79pc to 14464.

London FTSE 100 up 2.29pc to 5282.

Madrid IBEX 35 up 3.55pc to 8041.
 

Talk about clutching at straws. Confirmation (if any were needed) of the madness of the markets.]]></description>
			<content:encoded><![CDATA[<p>Telegraph:</p>
<p>&#8220;Some chilling words on the euro debt crisis from the OECD (Organisation for Economic Co-operation and Development). Policy makers around the world must &#8220;be prepared to face the worst&#8221;, they say.</p>
<p>The failure of EU leaders to stem the crisis could &#8220;massively escalate economic disruption&#8221; and end in &#8220;highly devastating outcomes&#8221;.</p>
<p>&#8220;The euro area crisis represents the key risk to the world economy at present. A large negative event would&#8230; most likely send the OECD area as a whole into recession.&#8221;</p>
<p>A significant worsening of the eurozone debt crisis would push the single currency area into recession of more than 2pc for the next two years. The US and Japanese economies would also be tipped into recession.</p>
<p>There would be intense pressure for some countries to abandon the euro, which the OECD warned would amplify the crisis and trigger &#8220;massive wealth destruction, bankruptcies and a collapse in confidence in European integration.&#8221; </p>
<p>&#8211; and:</p>
<p>&#8220;Turmoil in Europe risks creating a new credit crunch. The funding hole for European banks is deepening as they struggle to sell bonds.</p>
<p>European banks have sold £267bn worth of bonds this year &#8211; just two-thirds of what is due to be returned to investors in 2011 as debts mature, according to data compiled by Dealogic for the Financial Times.</p>
<p>It leaves banks with a funding gap of £207bn &#8211; the first time European lenders have collectively been unable to replace their maturing debt with new bonds in at least five years. Investors are reluctant to touch bonds over uncertainty of the health of some banks, the fate of the euro and the impact of regulation &#8211; leaving the prospect of a funding freeze.&#8221;</p>
<p>&#8211; but:</p>
<p>&#8220;European markets have surged on reports of an IMF bailout for Italy and chatter of a German-led six-nation bond issuance to raise loans for Club Med. </p>
<p>Paris CAC up 4.02pc to 2972.</p>
<p>Frankfurt DAX up 3.63pc to 5691.</p>
<p>Milan FTSE Mib up 3.79pc to 14464.</p>
<p>London FTSE 100 up 2.29pc to 5282.</p>
<p>Madrid IBEX 35 up 3.55pc to 8041.</p>
<p>Talk about clutching at straws. Confirmation (if any were needed) of the madness of the markets.</p>
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		<title>
		By: Nell		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9208</link>

		<dc:creator><![CDATA[Nell]]></dc:creator>
		<pubDate>Mon, 28 Nov 2011 11:05:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9208</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9200&quot;&gt;nell&lt;/a&gt;.

Apologies - the interview had already been mentioned in previous posts - I did do a search before posting, but somehow missed the comments.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9200">nell</a>.</p>
<p>Apologies &#8211; the interview had already been mentioned in previous posts &#8211; I did do a search before posting, but somehow missed the comments.</p>
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		<title>
		By: Roger Lewis		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9207</link>

		<dc:creator><![CDATA[Roger Lewis]]></dc:creator>
		<pubDate>Mon, 28 Nov 2011 09:40:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9207</guid>

					<description><![CDATA[Some interesting Lincoln quotes

Lincoln often spoke of the moral rightness of both Capital and Labor (&quot;Workingmen&quot;). Like Thomas Jefferson before him, he clearly saw the threat of capital empowered, working in conjunction with the &quot;money power&quot; against the general interests of the people.

&quot;These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people&#039;s money to settle the quarrel.&quot;

(speech to Illinois legislature, Jan. 1837.
See Vol. 1, p. 24 of Lincoln&#039;s Complete Works,
ed. by Nicolay and Hay, 1905)
&quot;We may congratulate ourselves that this cruel war is nearing its end. It has cost a vast amount of treasure and blood. . . . It has indeed been a trying hour for the Republic; but I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.&quot; (letter from Lincoln to Col. Wm. F. Elkins, Nov. 21, 1864. Essentially)
 

Ref: The Lincoln Encyclopedia, by Archer H. Shaw (Macmillan, 1950, NY). That traces the quote&#039;s lineage to p. 954 of Abraham Lincoln: A New Portrait, (Vol. 2) by Emanuel Hertz (Horace Liveright Inc, 1931, NY).

The Lincoln taught us in school, of course, has been extensively sanitized for public consumption. The Hidden Lincoln; from the Letters and Papers of William H. Herndon, by Emanuel Hertz (Viking Press, 1938, NY), details how Herndon (Lincoln&#039;s lifelong law partner) collected an extensive oral history and aggregated much of Lincoln&#039;s writings into a collection that served as the basis for many &quot;authoritative&quot; books on Lincoln. Also, for further insight into Lincoln&#039;s character, see Lincoln, The Man, by Edgar Lee Masters (Originally published 1931, and reprinted 1997 by The Foundation for American Education).

Found these on an interesting site still reading through.

http://www.heritech.com/pridger/lincoln/lin-ken.htm]]></description>
			<content:encoded><![CDATA[<p>Some interesting Lincoln quotes</p>
<p>Lincoln often spoke of the moral rightness of both Capital and Labor (&#8220;Workingmen&#8221;). Like Thomas Jefferson before him, he clearly saw the threat of capital empowered, working in conjunction with the &#8220;money power&#8221; against the general interests of the people.</p>
<p>&#8220;These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people&#8217;s money to settle the quarrel.&#8221;</p>
<p>(speech to Illinois legislature, Jan. 1837.<br />
See Vol. 1, p. 24 of Lincoln&#8217;s Complete Works,<br />
ed. by Nicolay and Hay, 1905)<br />
&#8220;We may congratulate ourselves that this cruel war is nearing its end. It has cost a vast amount of treasure and blood. . . . It has indeed been a trying hour for the Republic; but I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.&#8221; (letter from Lincoln to Col. Wm. F. Elkins, Nov. 21, 1864. Essentially)</p>
<p>Ref: The Lincoln Encyclopedia, by Archer H. Shaw (Macmillan, 1950, NY). That traces the quote&#8217;s lineage to p. 954 of Abraham Lincoln: A New Portrait, (Vol. 2) by Emanuel Hertz (Horace Liveright Inc, 1931, NY).</p>
<p>The Lincoln taught us in school, of course, has been extensively sanitized for public consumption. The Hidden Lincoln; from the Letters and Papers of William H. Herndon, by Emanuel Hertz (Viking Press, 1938, NY), details how Herndon (Lincoln&#8217;s lifelong law partner) collected an extensive oral history and aggregated much of Lincoln&#8217;s writings into a collection that served as the basis for many &#8220;authoritative&#8221; books on Lincoln. Also, for further insight into Lincoln&#8217;s character, see Lincoln, The Man, by Edgar Lee Masters (Originally published 1931, and reprinted 1997 by The Foundation for American Education).</p>
<p>Found these on an interesting site still reading through.</p>
<p><a href="http://www.heritech.com/pridger/lincoln/lin-ken.htm" rel="nofollow ugc">http://www.heritech.com/pridger/lincoln/lin-ken.htm</a></p>
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		By: nell		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9200</link>

		<dc:creator><![CDATA[nell]]></dc:creator>
		<pubDate>Sun, 27 Nov 2011 23:52:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9200</guid>

					<description><![CDATA[See Steve Keen on BBC&#039;s hardtalk - in the interview he dicusses the current finacial crisis and tries to explain how he would advocate tackling it with debt write off - ie shift the balance from the current &#039;protect the creditors at all cost stance of our governments, to favour the debtors. 
http://maxkeiser.com/2011/11/24/steve-keen-on-hardtalk/
Unfortunately, the stupid interviewer keeps on interrupting him and she doesn&#039;t seem to grasp the difference between taxes and debt.]]></description>
			<content:encoded><![CDATA[<p>See Steve Keen on BBC&#8217;s hardtalk &#8211; in the interview he dicusses the current finacial crisis and tries to explain how he would advocate tackling it with debt write off &#8211; ie shift the balance from the current &#8216;protect the creditors at all cost stance of our governments, to favour the debtors.<br />
<a href="http://maxkeiser.com/2011/11/24/steve-keen-on-hardtalk/" rel="nofollow ugc">http://maxkeiser.com/2011/11/24/steve-keen-on-hardtalk/</a><br />
Unfortunately, the stupid interviewer keeps on interrupting him and she doesn&#8217;t seem to grasp the difference between taxes and debt.</p>
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		By: Neil (the original one)		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9194</link>

		<dc:creator><![CDATA[Neil (the original one)]]></dc:creator>
		<pubDate>Sun, 27 Nov 2011 22:24:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9194</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9184&quot;&gt;Paulie Ire&lt;/a&gt;.

Telegraph:

Foreign Office: prepare for riots in Europe when euro collapses

http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9184">Paulie Ire</a>.</p>
<p>Telegraph:</p>
<p>Foreign Office: prepare for riots in Europe when euro collapses</p>
<p><a href="http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html" rel="nofollow ugc">http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html</a></p>
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		By: Paulie Ire		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9184</link>

		<dc:creator><![CDATA[Paulie Ire]]></dc:creator>
		<pubDate>Sun, 27 Nov 2011 16:45:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9184</guid>

					<description><![CDATA[David
Hope you don&#039;t mind me doing this 
Slogger is looking for &lt;a href=&quot;http://hat4uk.wordpress.com/2011/11/27/eu-crisis-bombshell-how-the-eurozone-plans-to-sell-us-out-to-the-banks/&quot; rel=&quot;nofollow&quot;&gt;This&lt;/a&gt; to be passed around and since it&#039;s not here yet I thought that I would do the deed.]]></description>
			<content:encoded><![CDATA[<p>David<br />
Hope you don&#8217;t mind me doing this<br />
Slogger is looking for <a href="http://hat4uk.wordpress.com/2011/11/27/eu-crisis-bombshell-how-the-eurozone-plans-to-sell-us-out-to-the-banks/" rel="nofollow">This</a> to be passed around and since it&#8217;s not here yet I thought that I would do the deed.</p>
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		By: Charles Wheeler		</title>
		<link>https://www.golemxiv.co.uk/2011/11/debt-or-taxes-the-battle-fo-our-time/#comment-9182</link>

		<dc:creator><![CDATA[Charles Wheeler]]></dc:creator>
		<pubDate>Sun, 27 Nov 2011 16:14:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=892#comment-9182</guid>

					<description><![CDATA[Couldn&#039;t resist this description: &#039;Kajagoogoo Nazi&#039;
http://goo.gl/dOALB]]></description>
			<content:encoded><![CDATA[<p>Couldn&#8217;t resist this description: &#8216;Kajagoogoo Nazi&#8217;<br />
<a href="http://goo.gl/dOALB" rel="nofollow ugc">http://goo.gl/dOALB</a></p>
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