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Friday, May 12, 2006

Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?”

Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by the twin economic threats of rising interest rates and petrol prices, there should be a reasonable amount of real income savings for both low and high income earners, with those receiving Medicare, or a superannuation benefit, privy to an even lower level of taxation (0% for those on super benefits).

Small business also has benefited from the Howard government’s 11th annual budget, with them receiving a higher level of reducing depreciation, leading to a higher level of deductions in the years following the uptake of new technology or other capital. They are also privy to a AU$435 million dollar tax cut to compensate for their changing accounting requirements under the government’s new AIFRS reporting standards, as well as increasing the uptake of both the small business tax relief scheme and CGT (Capital Gains tax) Concessions.

The budget was not a complete loss for big business however, as superannuation laws have been tweaked to streamline contribution and payment rules previously impeding those with multitudes of staff.

But this is not enough, says Big 4 accounting firm Ernst & Young. In their newly published paper “Taxation of Investment in Australia: the need for ongoing reform”. In it they lead the charge for a greater streamlining and organization of the corporate tax system in Australia, submitting that it will lead to reductions in “disincentives to work save and invest in Australia [as well as improving] the international competitiveness of Australian businesses.” This follows from a recent report brought out by Mr. Costello himself about the need for tax reform in Australia.

A budget night Mr. Costello was notably coy about any future reform of corporate tax in Australia. He alluded to the report by his ministers but kept from outlining the government’s plan precisely.

Saturday, October 27, 2007

Gay Talese wants to go to Iraq. “It so happens there is someone that’s working on such a thing right now for me,” the 75-year-old legendary journalist and author told David Shankbone. “Even if I was on Al-Jazeera with a gun to my head, I wouldn’t be pleading with those bastards! I’d say, ‘Go ahead. Make my day.'”

Few reporters will ever reach the stature of Talese. His 1966 profile of Frank Sinatra, Frank Sinatra Has a Cold, was not only cited by The Economist as the greatest profile of Sinatra ever written, but is considered the greatest of any celebrity profile ever written. In the 70th anniversary issue of Esquire in October 2003, the editors declared the piece the “Best Story Esquire Ever Published.”

Talese helped create and define a new style of literary reporting called New Journalism. Talese himself told National Public Radio he rejects this label (“The term new journalism became very fashionable on college campuses in the 1970s and some of its practitioners tended to be a little loose with the facts. And that’s where I wanted to part company.”)

He is not bothered by the Bancrofts selling The Wall Street Journal—”It’s not like we should lament the passing of some noble dynasty!”—to Rupert Murdoch, but he is bothered by how the press supported and sold the Iraq War to the American people. “The press in Washington got us into this war as much as the people that are controlling it,” said Talese. “They took information that was second-hand information, and they went along with it.” He wants to see the Washington press corp disbanded and sent around the country to get back in touch with the people it covers; that the press should not be so focused on–and in bed with–the federal government.

Augusten Burroughs once said that writers are experience junkies, and Talese fits the bill. Talese–who has been married to Nan Talese (she edited James Frey‘s Million Little Piece) for fifty years–can be found at baseball games in Cuba or the gay bars of Beijing, wanting to see humanity in all its experience.

Below is Wikinews reporter David Shankbone’s interview with Gay Talese.

Friday, February 3, 2006

British television station Channel 4 News and newspaper The Guardian have reported that they have obtained a secret transcript of a meeting between United States President George W. Bush and British prime minister Tony Blair on January 31, 2003, two months before the beginning of the Iraq war. The memo has been viewed by Phillipe Sands, a professor of international law at University College London, and by Channel 4 news. Last year, Professor Sands reported on doubts about the legality of the invasion in Iraq voiced by government lawyers, which eventually forced the British government to publish the full legal advice given to them by the attorney general.

According to the two sources, the transcript suggests that the invasion of Iraq was already decided at the point of the meeting, and that Bush had stated that “the diplomatic strategy had to be arranged around the military planning”. Blair is reportedly quoted as responding that he is “solidly with the president and ready to do whatever it took to disarm Saddam”.

The memo from the sources also states that Bush suggested “flying U2 reconnaissance aircraft planes with fighter cover over Iraq, painted in UN colours”, so that “if Saddam fired on them, he would be in breach [of UN resolutions]”.

According to the memo, President Bush said he “thought it unlikely that there would be internecine warfare between the different religious and ethnic groups”.

The British government did not deny the existence of the memo last night, but insisted that “the prime minister only committed UK forces to Iraq after securing the approval of the House of Commons in a vote on March 18, 2003.” It added that they “do not comment on the prime minister’s conversations with other leaders.”

The BBC reported that Chief spokesman for the National Security Council Frederick Jones said that “the White House would not comment on what was said or not said in alleged private conversations between Mr Bush and foreign leaders,” and added that the White House “was not going to re-litigate how the nation went to war”.

The purported document has not been confirmed as authentic by either government so far.

Wednesday, September 26, 2007

Penny Lucas is running for the Progressive Conservative in the Ontario provincial election, in the Kenora-Rainy River riding. Wikinews’ Nick Moreau interviewed regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Monday, December 31, 2007

What would you tell your grandchildren about 2007 if they asked you about it in, let’s say, 20 year’s time? If the answer to a quiz question was 2007, what would the question be? The year that you first signed on to Facebook? The year Britney Spears and Amy Winehouse fell apart? The year author Kurt Vonnegut or mime Marcel Marceau died, both at 84?

Let’s take a look at some of the international stories of 2007. Links to the original Wikinews articles are in bold.

Monday, April 25, 2005

Australians and New Zealanders throughout the world stood still for their national war memorial days in remembrance of the failed Australian and New Zealand Army Corps — ANZAC — attack on Gallipoli, Turkey that began on 25 April 1915. The fateful attack was designed to end the First World War more quickly by creating a supply line to Russia. A hundred-thousand died in the battle, remembered every year as ANZAC Day by both nations.

The British-directed battle of Gallipoli is often seen as the defining moment in the ‘birth’ of Australia and New Zealand. With New Zealand Prime Minister Helen Clark saying “For New Zealand as for Australia it was at Gallipoli that our young nations came of age.” [1]. This being the 90th anniversary of the attack, Clark, Australian Prime Minister John Howard and Britain’s Prince Charles are all at Gallipoli to remember that fateful campaign.

Some controversy has been created about Australian Prime Minister John Howard not attending the New Zealand ceremony at Chunuk Bair on the Gallipoli Peninsula. This has upset many people as it is a break in a tradition that the Prime Ministers attend the ceremonies of both countries.

Friday, February 17, 2006

Buffalo, New York —Savarino Construction Services Corp. has proposed a $7 million hotel project at the Forest and Elmwood Avenue intersection, according to The Buffalo News. The proposal calls for a 5-story, 45,000 square-foot 80-room hotel with underground parking for at least 50 vehicles, and 4,500 square-feet of retail space on the lower level.

Hans Mobius, the owner of the five properties to be purchased in the plan (1109 to 1121 Elmwood), reportedly signed a contract with Savarino to assemble the development.

“We saw a huge opportunity to bring something to the Elmwood Village that will make sense and bring a service that’s currently not available,” said Eva Hassett, vice president of Savarino. “Elmwood is such a wonderful place to eat, shop, walk and spend time. We believe this project will add to that vibrant environment.”

Some business owners in the area see it differently. Wikinews interviewed 2 of the 4 owners whose business’s would be demolished if the development goes through.

Nancy Pollina, of Don Apparel at 1119 Elmwood, who found out about the development only yesterday, said she is “utterly” against the proposal. Her apparel shop has stood at the same location for nearly 14 years. She has volunteered in the community, and helped create several gardens around bus shelters in the city, and served on Forever Elmwood Board for six years as head of Beautification. Patty Morris co-owns Don Apparel with Pollina.

“To say this is a good looking project, I want to say the emperor has no clothes. This [project] does not take into consideration the needs of the college students. I have been told by college students, these shops here, are the reason they leave the campus,” said Mrs. Pollina.

Buffalo State College is 500-feet from the intersection.

Michael Faust, the owner of Mondo Video said, “Well, I do not really want to get kicked out of here. The landlord was very open, and the deal he made with me when I moved in here was ‘the rent is cheap and I [the landlord] will not fix anything and that will not change.'” Faust said he first learned of the development plan, “about 48 hours ago. I found out on Tuesday when the Buffalo News called and asked for my opinion on this.” Faust has not said if he will make plans to relocate. “We have to see if this [house] is going to get knocked down first,” said Faust.

An “informational” meeting, where citizens can voice opinions and learn about the proposal, will be held on Tuesday February 21, 2006 at 5:00pm (eastern), at the Burchfield-Penney Art Center Gallery at Buffalo State College, Rockwell Hall.

Executive director of Forever Elmwood Corporation, Justin P. Azzarella would not comment on whether or not the organization supports the development, saying, “you will just have to come to the meeting.”

Forever Elmwood Corp. is designed to preserve and protect the unique and historic nature of Elmwood Avenue and its surrounding neighborhoods and encourage neighborhood commercial revitalization. The organization was founded in 1994.

Nearly two years ago, the Forever Elmwood Corp. assisted in the blocking of the demolition of the Edward Atwater house at 1089 Elmwood next to Pano’s Restaurant which is at 1081 Elmwood. Owner Pano Georgiadis wanted to expand his restaurant onto the property where the house now stands, but the Common Council denied his permit to demolish saying the house is a historical landmark and needs to be protected. Georgiadis, who has a bleeding ulcer, said that all the court cases landed him in the hospital. “I got a bleeding ulcer, and since then, I don’t care about this house anymore, or this city. I just go to work every day. I think [preservationists] are parasites,” said Georgiadis.

Georgiadis will not be attending Tuesday’s meeting saying, “I will be out of town.”

In 1995 Hans Mobius proposed a plan to develop a Walgreens, that was to be placed in the same location, but residents and business owners shot down the proposal. Walgreens eventually withdrew its request for a variance after pressure from the community.

Monday, May 9, 2005

Workers at Newport Chemical Depot in Indiana have completed a successful test-run of a chemical reactor designed to dispose of Cold War stockpiles of VX nerve agent.

After encountering initial difficulties when the temperature in the reactor grew too high, workers were able to adjust the speed of the device. 180 gallons of VX and water were turned into a caustic but far less lethal compound, that can be further reprocessed into an inert substance.

A residue of 14 parts VX per billion remained; the Army’s eventual goal is less than 20 parts. One drop of VX can kill a grown man.

The conversion of the VX stockpiled at the facility is projected to take two years. Then the drain cleaner-like waste product with its small residue of VX will need to be sent to another facility for reprocessing into a safer, biodegradable compound.

A controversial plan has Dupont doing the reprocessing at their facility in New Jersey, and dumping the compound into the nearby Delaware River.