Tag Archive: Money

Thailand – Power to the Millionaires

Whoever feels rich people have too much influence in politics should continue to read, the others too. According to data from the national corruption office, the newly sworn in 36 head strong government of Thailand consists mainly of US$-millionaires. Prime minister Yingluck Shinawatra, sister of former Prime Minister and media champion Thaksin Shinawatra (overthrown in…

Tax-System – Nuisance Without Hope of Reform

On April 15 US-citizens had to declare their taxes. Apparently a very complicated endeavor – the tax code encompasses 70’000 pages and US society spends 7.6 billion hours (both paid and unpaid) to get the declaration right (or wrong as cynics might add). This time equivalents to almost 4 million people working year round –…

USA – Unlimited Funds for Political Lobbyists

A highly controversial ruling of the US Supreme Court has the potential of fundamentally changing the rules of the political game in the United States. Arguing with the freedom of expression, the court allows the unlimited financial interference of private corporations in political affairs. The majority of conservative judges act in line with the idea…

Corruption in India – Fight it with a Worthless Banknote

In India a special banknote raises attention. It looks just like a 50 Rupee bill, but has no money value. What looks like some kind of joke is directed at a very serious issue: corruption. The banknote features Gandhi’s face and the request to abstain from any corrupt behavior. People are welcomed to give the…