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Paper-money currencies, like BerkShares or the Lewes or Totnes Pound, slip fairly seamlessly into the national economy; their use is taxed like ordinary money. More abstract exchanges are a bit more complicated to deal with. But the tax concern is not insurmountable. "If you use local currency for your main income-generating activity, you must pay income tax," says Hensch, who consults in complementary currencies. Likewise, if you have a business, you'll pay sales tax on any local currency - in New Zealand, that would be Green Dollars, part of LETS - you bring in. But if you trade...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

...Stehle’s performance is precedent, the Crimson can expect big things from Lin down the road.“Jeremy was a terrific player last year,” Coach Tommy Amaker said. “Sometimes I think because we’re having a bit more success at this point, winning a few more games, winning on the road early, this has helped highlight how good he is. We all know that as the team does well, there are a lot of ways in which individuals can gather accolades and notoriety.”While...

Author: By Stephanie Krysiak, CONTRIBUTING WRITER | Title: Junior Sensation Sparks Harvard Success | 12/12/2008 | See Source »

...some semblance of structure. The influence of Pavement on the band is clearer than ever on the beautiful lo-fi ballad “Heart Swells/Pacific Daylight Time.” (It even has two parts!) Some of the experiments toward the end of the album fall a bit flat, giving the impression that Los Campesinos! are trying a little too hard to push boundaries without any real concept of where that will take them. But on the best tracks, the group has never sounded better.The preoccupations of “We Are Beautiful”—eating...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: Los Campesinos! | 12/12/2008 | See Source »

...thought that Vermont’s defense was really good,” Delany-Smith said. “We had to do a lot of junk defenses tonight which I think threw them off, took away their comfort zone and messed them up a little bit.” Despite the Crimson’s defensive efforts, by the end of the first half, the score was 34-33, Vermont. The Catamounts also came out strong in the second half, and gained a four-point lead over Harvard. But the Crimson was not ready to quit just yet. Harvard...

Author: By Stephanie Krysiak, CONTRIBUTING WRITER | Title: Thrilling Ending Gives Harvard Big Win | 12/12/2008 | See Source »

...Things have gotten a bit hairy," admitted British Lieut. Colonel Graeme Armour as we sat in a dusty, bunkered NATO fortress just outside the city of Lashkar Gah in Helmand province, a deadly piece of turf along Afghanistan's southern border with Pakistan. A day earlier, two Danish soldiers had been killed and two Brits seriously wounded by roadside bombs. The casualties were coming almost daily...

Author: /time Magazine | Title: The Aimless War: Why Are We in Afghanistan? | 12/11/2008 | See Source »

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