Adventure Ausrama Blog

Bank staff are to be allowed to monitor the bank accounts of the elderly to see if relatives, friends and carers are stealing money. At first glance this may well seems to be a good thing. However, banks staff swear to keep all bank information private. Instant dismissal is the penalty for telling others about a customer's financial status. The thought of bank staff having the authority to pass on private information to government is frightening and will, no doubt, be challenged in court. Of course people with dementia will have someone managing their bank account. Reporting a carer just because a customer is permanently incapacitated is stupid. You don't need special training to see someone has decreased capacity to manage their own affairs. Smart Sparrow's who are developing the app to do this are wasting their time. Society will not accept bank tellers snooping into their affairs. It will not be allowed. Tremendous damage will be done to families on me...

The Internet has disrupted the security of ordinary money. The economic system controlled by the banks for centuries is now under threat. Bitcoin is an example of new money. Its mere presence in feared by the banks. Money, or at least its value, depends on people having faith that it can easily be exchanged for different goods. In Germany before WWII security in money was severely challenged. There was rampant inflation, so much so that people had to push barrow loads of  cash to a shop to get a loaf of bread. New money is everywhere: PayPal has taken the banking world by storm. These bank-like services are being offered by Google, Apple and eBay. To get Followers on Twitter, many sites are offering seeds. Though the websites deny trading for followers, this is exactly what it is. Google's Wallet is really a bank service. Smartphones can be swiped in store terminals to buy goods. The problem is most money does not really exist it is just recorded in books as they used...

Australia has a culture of a fair go and don't dob your mates in. The question is, are your coworkers mates? In England, for example, the government encourages people to dob their neighbors in for fleacing social security. It is accepted there. But in Australia there has been an outcry against offering cash to dob others in to the authorities. This kind of offer could backfire. Dobbers could just make things up to get cash. Who is to monitor this? It is hoped that companies will jump in to catch employees stealing from the business. Dodgy financial traders should watch out. Some rewards offered in the US have gone as high as $US104 million: though a court case resulted and fines were paid, this is a huge amount. Tax authorities are examining the possibility of reward for information that brings to light tax evasion. It seems though that those in high places will still not be caught. The Australian government turned a blind eye to Kerry Packer paying hardly any tax at ...

Dangle, Dingle, Dongle. They are all out according to the Great God Google. It has taken a business "minnow" offering alcohol price comparisons to court and beaten it to death, well into submission, until it agreed not to use the name "Groggle". This means that Google owns by default all new business names that contain "gle". The result of this courtroom debacle is disgraceful. There should be some way where the little man has the resources to fight a giant like Google. The little business cowered in the corner and quietly murmured " Drinkle! That is what we will call our service ." Only then would Google put the big stick down. What is the world coming to when there is no protection from economic monsters like Google. Though this business wasn't even in the same industry as Google, financial muscle won the day. He had to make an out of court agreement of SILENCE! The owner of the business said he couldn't afford to go on with the court c...