| A.
R. Kakhsaz Company
an accountancy corporation
Member
American Institute of
Certified Public Accountants
International associates:
Tavana & Co.
Chartered Accountants
Toronto, Canada
Tel.416-229-2221
|
• Heaven
is where the police are British, the chefs
Italian, the mechanics German, the lovers French, and its all organized by
the Swiss. Hell is where the police are German, the chefs British,
the mechanics French, the lovers Swiss, and its all organized by the
Italians.
• A gun
safety demonstration
went awry and landed Monroe County, Indiana Coroner, David
Toumey in the hospital after he shot himself in the leg.
• Charlotte County, Florida,
leads in the U.S. with highest percentage of seniors.
• Richest Americans under 40: Top
on the list, since the list started in 1999, is Michael Dell, 39, chairman
and Founder of Dell Computer Inc. with $17.95 billion. Larry Page
and Sergey Brin of Google, both 31, hold the 4th and 5th spots with $4.19
and $4.17 billion. Brittany Spears, Jennifer Lopes, Julia Roberts
and the Olsen twins also made the list this year. Although tech entrepreneurs
still dominate the top 10, their numbers have dwindled by half since the
inception of the list in 1999 by Fortune Magazine.•
A
shot of olive oil: A medical intern at a western
Austria hospital mistakenly injected an elderly patient with olive oil
instead of antibiotics after mixing up bedside vials. Question: What
was the damned olive oil doing there?
• The U.N.
says 40 countries have atomic weapons potential.
• A woman driver was
pulled over by police on suspicion of drunk-driving in Tallinn,
Estonia. In trying to get out of the ticket, she performed a
full-course striptease. Her performance was captured on police
video.
•
Economics of the nations (Part 5)
Traditional economics:
You have two cows.
You sell one and buy a bull.
Your herd multiplies and the
economy grows.
You retire on the income.
Italian economics:
You have two cows.
You don't know where
they are.
You break for lunch.
•
For more of the Generalist, please visit our website
at ARKCPA.COM.
|
• Wishing you the
season's peace, joy and blessings.
Happy 2005 and Thank You for being the greatest clients and friends.
•
theGeneralist, a one-page monthly
publication of the accounting firm of A. R. Kakhsaz Company,
is in its 10th year of providing information, presented fairly and
accurately, from sources we can depend upon and trust.
• The reign of a
family that has become synonymous with California's Napa Valley
winemaking is ending. Robert Mondavi Corp. is being sold to
Constellation Brands Inc. of Fairmont, New York, for $1.4
billion. Constellation is already the world's largest wine
marketer and controls 20% of the U.S. market.
• The Bunny is back:
• Some churches in Mexico
• High
oil prices have trimmed about three-quarters of
a percentage point off economic growth this year, said Alan Greenspan,
chairman of the Federal Reserve.
• The peak-oil point: The
beginning of the end of the age of oil might finally be here, says
Dr. Colin Campbell, 73, who is a retired oil-industry
geologist. The alarming fact is that since the early 1980s the
world has been pumping more oil out of the ground than it's been
finding. Humanity may have reached a point of reckoning: It
may have extracted half the oil it will ever get. Once that
"peak" is reached, says Campbell, global oil production
will start falling, never to raise again. That's the end of
cheap oil. To maintain economic growth, the world would have
to become radically more energy-efficient, shifting quickly to
alternatives as solar and nuclear power. Dr. Campbell's wife
affectionately calls him Mr. Doomsday.
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• We see more in numbers
than just numbers...
-
Ali R. Kakhsaz, CPA, MAcc
www.arkpca.com
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