Re: Bono - hypocrite or wise investor ???

 For browbeating read nudge-nudge, wink-wink, as nobody can think 
there is no collusion between all the " pop stars for charity " scam.
I can't put into words the anger I feel when I see the smug faces of 
bono and the like. Such an advert for social justice he met the 
pope, and we all know how much the pope is interested in the world's 
poor? He's not, other than to feece them and brainwash them. Bono 
geldorf and their clan are doing a great job for the agents of 
reformism if you juss give us your money, everything will be 
alright.--- In WSM_Forum@xxxxxxxxxxxxxxx, "alan johnstone" 
<ajsc21755@...> wrote:
>
> Bono may be celebrated for browbeating world leaders into funding 
debt relief for developing countries, but his Irish rock band is 
facing criticism for switching its financial affairs overseas to 
avoid paying higher taxes...U2's decision to move part of its multi-
million pound operation from Ireland to Amsterdam. The tax rate on 
royalty earnings in the Netherlands - where many of the Rolling 
Stones' assets are based - is only a few per cent.
> 
> Elevation Partners is a private venture capital firm with six 
partners, one of whom is Bono. It has an estimated capital value of 
$1.9bn ...Elevation Partners, confirmed it had invested around $300m 
(£157m) in Forbes, the US business magazine frequently described as 
the "bible of capitalism".
> U2 were said to be the world's most lucrative group last year, 
earning more than 210 million euros .
> Proposals to construct a so-called U2 Tower - the tallest 
residential development in Ireland on the southside of the Liffey 
river - have drawn complaints from locals in Dublin's Ringsend. The 
tower, a 31-floor construction, will house luxury apartments and 
provide space for the band's recording studios.
> 
>  Like other bands, the source added, U2 "try to be as tax 
efficient as possible". 
> 
> http://arts.guardian.co.uk/news/story/0,,1840232,00.html
> 
> alan johnstone , edinburgh br 
> 
> 
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