User:Richard Bateman

Well here I am Richard Bateman.. I live in a tiny village 4 miles away from the main drag in Menheniot Liskeard Cornwall UK.

I employed many associates on commission only and make each one pay some serious money £3000.00 to join me whereupon I take from their commission on sales a 50% cut and with adding all my and my associates sales I can agreeably force the Insurance companies to give me override payments up to 30% or more. So some serious income is derived from employing these associates. Most of them decide to go it alone and like most "employers" I make it as difficult for them to receive their hard earned income as possible. They of course will always run out of resources to pay solicitors etc so I get away with more income than I can handle. I employed a small account book keeper some years back who had no idea about real accounting practices and was eventually so frustrated with my business model and activities that he resigned.

In addition during my long associations with staff and directors I have provided limited employment without the required hassles of taxes and NI and insurances usually required by Government today. Most of my income has been diverted to my personal pension plan as is my property which of course helps to mitigate my large income taxes to more efficient purposes. Corporate and personal taxes are as we all know are a huge drain on incomes and wealth creation. Being paid in company shares rather than cash is a good way to evade legally the ruinous costs of working here in the UK. In addition investing in offshore and foreign countries often helps too. Although the recent problems with UBS Switzerland and the USA have made people even more cautious and are currently spreading their wealth to Far Eastern countries and south Pacific regions. The increases in value of the Australian Dollar and New Zealand are well known by now but in Europe the Norwegian Kroner has the backing of serious oil wealth. Historically the currency business has been easy to follow but as it becomes more highlighted by the increase in popular speculation currency movements are far more difficult to predict. China has a growth of 10% but is slowly reducing its investments in USA as the Americans are finally coming to the realisation that their currency is no longer backed by honesty and thrift but greed and corruption from every corner. Characters like Bernard Madoff 60 billion fraud and Enron's Chief executives have destroyed consumers' belief in the Wall Street. So much so that the future of this gambling house is now in Jeopardy!

Here is my business mantra Positive mental attitude no conscience and ethics towards people with money.

The list of associates who I owe money to is endless.