David Archibald writes in Quadrant on the possibility of conflict in the South China Sea

China’s Implacable Belligerence – All I can say is that if China wants war with the USA and others then it is so easy to start – this US Navy guided-missile destroyer USS Lassen can not be so hard to find. Climate issues seem miniscule alongside possibilities here. In May I wrote – Colossal Greens and UN hypocrisy exposed constantly complaining about the Great Barrier Reef yet ignoring the large scale destruction of many reefs in the South China Sea

Series of articles on climate and the IPCC by Peter F Gill a UK physicist

Peter has examined climate issues for many years and he has recently got a series of articles in a UK newspaper, the Dorking and Leatherhead Advertiser.
29 March 2015 – A Different Approach: Changing climates
26 April 2015 – A Different Approach: Greenhouse gases and climate sensitivity
12 August 2015 – Climate change explained
4 October 2015 – The findings of the Intergovernmental Panel on Climate Change

A few pages from American Betrayal by Diana West re Western blindness to Stalin’s 1932-33 Terror Famine

I reader asked me to hunt up this quote from American Betrayal by Diana West re the Terror Famine which killed millions of people in the USSR partly in what is now Ukraine – bottom page 103.

I was transfixed reading a few pages and decided to post them here – pages 102-103 – pages 104 105 – pages 107-107 – pages 108-109.
After reading the book in 2014 I posted – Interesting that “McCarthy style pressure” is often invoked – yet the Venona Intercepts showed McCarthy was substantially correct
There is a wikipedia page named Holodomor – a quote –
[Survival was a moral as well as a physical struggle. A woman doctor wrote to a friend in June 1933 that she had not yet become a cannibal, but was “not sure that I shall not be one by the time my letter reaches you.” The good people died first. Those who refused to steal or to prostitute themselves died. Those who gave food to others died. Those who refused to eat corpses died. Those who refused to kill their fellow man died. Parents who resisted cannibalism died before their children did]

Puzzling why no coalition MP’s or Senators use Senate Estimates hearings to question the BoM about their ACORN temperature data adjustments

Recently Dr Jennifer Marohasy reported on a meeting of MP’s in Parliament House Canberra where the IPCC / Bureau of Meteorology (BoM) position was questioned. Sceptics and Alarmists, Together, Present to Coalition Environment Committee
This got me to wondering why adjustments to temperature data in the BoM ACORN data are never examined during Senate Estimates hearings. All it would take is an MP or Senator or two prepared to put a bit of actual work into understanding a little series of questions and the spreadsheet data behind them. Senate Estimates hearings are public and segments are often featured on TV news.

Investing in the Cayman Islands – what is the attraction for Australians?

The Cayman Islands have been in our news lately as a place where many managed investment funds find it advantageous to be registered.
Now take the case of an Australian mum and dad investor buying shares on the ASX or overseas stock exchanges and using his own name and Australian address. Just say one of his shares rises in value by say 50% – now if he wants to sell and pocket the profit – if he has held for less than a year the entire profit adds to his taxable income for that year. If he has held for over a year I understand 50% of the profit adds to his taxable income. He might have held for 10 years but the same 50% of the profit still adds to his taxable income. If you sell at a loss then the loss is tax deductible.
I am curious what the situation is if you were a millionaire Australia investing in Cayman Island registered managed funds. I assume the fund is all the time buying and selling equity investments here and there at stock exchanges around the world. My question is – on what basis is the millionaire paying tax on capital gains and losses on ASX shares if the Cayman Islands fund were to so invest a proportion of their capital? And how does it compare to what tax our mum and dad investors would pay if they so happened to experience exactly the same capital gain buying and selling ASX shares that the millionaire gained through his proportion of the Cayman Island managed fund?
Can anybody assist?