This is a cautionary tale.

A man I’ve known for some years just had a major falling out with his long time business partner.

When we spoke he disclosed that the two of them were no longer speaking.
The partner seems to have managed to control all the financial aspects to point that when the IRS garnisheed certain sources of income, my friend was completely unaware for at least a year.

They have an online business that has it’s servers in London and it’s LLC in the British Virgin Islands.

Questions that spring to mind are:
Who owns the Domain Name?
How much control does the partner have over the corporation?
What about physical assets, if any?
Is his name on any paperwork that will commit him to continue to pay various and sundry bills after the partnership dissolves?
Who’s names are on the bank accounts?
Does he know the locations of all bank accounts?
Are there any funds in the accounts?
How are invoices handled?
Is any money being diverted?
Etc.

This is a partnership of more than 10 years.
Most of my questions are being researched?!? A partner should know these things without the need for lawyers, audits, or any other outside intervention.

Do you know what you just signed or did you blindly trust whoever asked you to sign on the dotted line?

Partnerships are exactly like marriages. They start out all hugs and kisses and then reality sets in.

I was found this site by way of Digg.

Obama’s former minister, Jeremiah Wright Jr, whom Obama has referred to as an old uncle, has blamed the USA for everything that has gone wrong in the world. He even tried to tie the use of the atomic bomb on Japan to the 9/11 attacks.

Speaking at the Washington, D.C., school’s Andrew Rankin Memorial Chapel, Wright said, “We started the AIDS virus. … We are only able to maintain our level of living by making sure that Third World people live in grinding poverty.”

This guy is anger incarnate, a racist, and a bit more than a half a bubble off plumb.

But several of the people who replied to comments on the Digg were among the worst kind of haters and conspiracy buffs. Everything that has ever gone wrong in the world is a plot by Israel and/or the “Elites.”

These people have no grasp of reality. They use phrases like “it’s been proven” and “everybody knows” without a single link to any sort of believable source.

Even Pravda doesn’t spew this sort of nonsense and they are only slightly more reliable than the Enquirer.

These are the sorts of people who get into heated arguments over who shot Kennedy. Spouting rumors, lies and fantasies, without having any backing by fact.

We have all met them, but anyone who thinks they’re harmless has forgotten about Oklahoma City.
This is the thing that makes them scary, instead of pathetic. —All it takes is one.

The Daily Contempt has a well commented blog on this subject.

For my part, the title of this blog says it all.
Now if you will excuse me. I really must get on with my research on the best way to gouge my own eyes out. –Just in case.

Italy’s highest appeal court has ruled that married Italian women who commit adultery are entitled to lie about it to protect their honour.

The Court of Cassation found that having a lover was a circumstance that damaged the honour of the person among family and friends.
Lying about it, therefore, was permitted, even in a judicial investigation.
It is not yet clear whether the ruling might also apply to men who have secret mistresses.

Of course this is the same court that decided a woman could not have been raped because she was wearing tight jeans and they could not have been removed without her consent.