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<DIV><FONT color=#000000 face=Arial size=2> <FONT
color=#000000>Great article on Page 146 of the August 9, 1999 issue of Forbes
magazine regarding Forex trading and how the odds are immensely stacked against
you (unless you have the capabilities of trading through one of the major
international banks).</FONT></FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000></FONT></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000> Mentions Money Garden (and others)
and how, in fact, with the normal daily fluctuations added to your
broker's spreads, you can get eaten alive.</FONT></FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000></FONT></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000> Short but insightful
article.</FONT></FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000></FONT></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT color=#000000>Regards,
</FONT></FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000></FONT></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2><FONT
color=#000000>John</FONT></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sun Aug 01 19:50:26 1999
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Date: Sun, 01 Aug 1999 20:31:03 -0500
To: "Dtrader" <dan@xxxxxxxxxxxxxxxxx>,
"Real Traders List" <realtraders@xxxxxxxxxxxx>,
"MTA List" <mtalist@xxxxxxx>, "IFTA email list" <ifta-list@xxxxxxxx>
From: BobsKC <bobskc@xxxxxxxxxxxx>
Subject: Re: the real deal
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Status:
Be ever alert ... Dan is right... governments, (especially the U.S.), are
working hard to find ways to grab a share of the internet boon. One
problem is that if they tax it, they take some responsibility for what goes
on over it and to do that, they need to moderate it. This last part is the
tough nut because no individual country has that right and our "leaders"
don't want to be seen as limiting freedom of speech. This may be the last
place of true freedom any of us will ever see. Fight for it, fight like
hell for it.
Bob
At 03:31 PM 8/1/99 -0400, Dtrader wrote:
>sorry for this (way) off topic post, but i think it may be interesting to
>some here.
>
>
>------
>
>United Nations: Tax Email
>
> Recently there have been some widespread hoaxes about supposed
> government plans to tax Internet usage.
>
> The following, however, is real.
>
> The United Nations Development Program has proposed a 'bit tax' on
> email. The proposal is in the UN's annual "Human Development Report,"
> issued in mid-July.
>
> UN officials say that a tax of one penny per every 100 email messages
> sent would raise $70 billion a year. That money would allegedly be
> used to help provide telephone and Internet service in poor nations.
>
> "Market forces alone will not rectify the imbalance," the UN report
> states. "Governance of the Internet should be widened to bring in the
> needs and concerns of developing countries. To ensure that the global
> communications revolution is truly global, funding is required."
>
> "If you leave it up to the market alone, we can't be sure that the
> Internet will spread fast enough and reach the people that really need
> it," stated economist Kate Raworth, co-author of the report.
>
> The United Nations has no ability to tax (yet), so the proposal is a
> suggestion, or perhaps a trial balloon. Thus far it has not met with
> much enthusiasm (perhaps in part because greedy governments want to
> preserve any future Internet tax revenue for themselves).
>
>
> (Sources: Wired News, July 27 / ZD Net News / Michael Brinkman)
>
>
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