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BOW WAVE 213Xmas Editionnews and views on trade, insurance and riskBow Wave homepage
In this issue:1. Welcome 1. WelcomeWe wish our Readers all good things and seasonal greetings. Thank you for your enthusiasm and support in 2003 | * New Readers this week include: David Westcott News of Readers Andrew Moore Associates have become the new Lloyd's Agents in Hong Kong. The company will be responsible for providing survey and adjusting services for the international marine insurance market for any shipping incidents occurring in the Hong Kong area. It will also be the sole provider of up to date information about shipping incidents in Hong Kong to the global maritime insurance industry. Readers Write: Niels Kim Balling writes: I don't usually pass on tips but felt I had to pass this one on. It could be another Enron. Hope you have a very merry Christmas and a healthy and hopefully obscenely prosperous New Year 2004:- Please review any holdings you have in the following stocks: AMERICAN CAN Due to uncertain market conditions, I advise you to sit tight on your American Can, hold your Water, and let go of your Gas. You may be interested to know that Northern Tissue touched a new bottom today, and millions were wiped clean. From Capt. Roger Womersley in Ko Sichang, Thailand. Herewith an anonymous 19th Century poem which you may like, As a result of our appeal for light hearted contributions, the Bow Wave in-box has been full of fine examples of the kind. So no apologies for this edition which on the whole eschews much seriousness. Our next Issue just before new year's will ponder the year to come. Enjoy. 2. German Transport Law NewsletterMany of us have grown used to the periodic newsletters issued by firms of lawyers active in the shipping, international trade and transport fields. One fairly recent addition to this corpus is the one issued by the Hamburg firm of BBL Bracker, Buehlhoff Luebbert which takes Readers in either English or German version through the technically advanced German law rules applicable to goods in transit To read the newsletter go to:- 3. Gary Price's List of ListsIf your taste runs to this sort of thing there is a very long list of top 50 or top 100 transport related categories in the fields of aviation, logistics and warehousing. Highly recommended. http://www.specialissues.com/lol/dispLOL.cfm?Subject_ID=TRANSPO004 4. The Heaviest Element Known to ScienceIsle of Wight computer man James Henderson found the enclosed in the bottom drawer of his desk where it has been for at least 10 years, possibly longer. Perhaps, he thinks not everyone can remember it:- The heaviest element known to science was discovered recently by physicists at the Naval Research Laboratory in Washington, DC. The element, tentatively named Administratium, has no protons or electrons and thus has an atomic number of 0. However, it does have one neutron, 125 assistant neutrons, 75 vice neutrons, and 111 assistant vice neutrons. This gives it an atomic mass of 312. These 312 particles are held together in a nucleus by a force that involves the continuous exchange of meson-like particles called morons. Since it has no electrons, Administratium is inert. However it can be detected chemically as it impedes every reaction it comes in contact with.According to the discoverers, a minute amount of Administratium caused one reaction to take over four days to complete, when it would normally occur in less than one second. Administratium has a normal half-life of approximately 3 years, at which time it does not actually decay, but instead, undergoes a reorganisation in which assistant neutrons, vice neutrons and assistant vice neutrons change Research at other laboratories indicates that administratium occurs naturally in the atmosphere. It tends to concentrate at certain points such as government agencies, large corporations, universities, and the United Nations. It can actually be found in the newest, best maintained buildings. Scientists point out that Administratium is known to be toxic at any level of concentration and can easily destroy any positive reactions where it is allowed to accumulate. Attempts are being made to determine how Administratium can be controlled to prevent irreversible damage, but results to date are not promising. 5. Why Did the Chicken Cross the Road?Container industry analyst Charles de Trenck has contributed this extensive update on a very old form of joke:- George Bush's Answer: Al Gore's Answer: Bill Gates' Answer: Martha Stewart's Answer: Dr. Seuss' Answer: Ernest Hemingway's Answer: Martin Luther King Jr's Answer: Grandpa's Answer: Barbara Walters' Answer: Ralph Nader's Answer: Jerry Seinfield's Answer: Pat Buchanan's Answer: Rush Limbaugh's Answer: Jerry Falwell's Answer: John Lennon's Answer: Aristotle's Answer: Karl Marx's Answer: Voltaire's Answer: Captain Kirk's Answer: Fox Mulder's Answer: Scully's Answer: Bill Clinton's Answer: The Bible's Answer: Albert Einstein's Answer: Sigmund Freud's Answer: L.A.P.D.'s Answer: Richard Nixon's Answer: Buddha's Answer: Joseph Stalin's Answer: Carl Jung's Answer: Louis Farrakhan's Answer: John Locke's Answer: Albert Camus' Answer: Oliver Stone's Answer: The Pope's Answer: Immanuel Kant's Answer: MC. Escher's Answer: George Orwell's Answer: Plato's Answer: Nietzsche's Answer: B.F. Skinner's Answer: Jean-Paul Sartre's Answer: Emily Dickenson's Answer: O.J. Simpson's Answer: Ken Starr's Answer: Colonel Sanders' Answer: Stockbroker's Answer: 6. And Finally...PR man David Cheslin reminds us here in Britain that it is around this time of year that filing deadlines hove into view for the purposes of income tax:- A genuine reply from Customer Relations at the Inland Revenue to yet another angry customer Dear Mr Addison, I am writing to you to express our thanks for your more than prompt reply to our latest communication, and also to answer some of the points you raise. I will address them, as ever, in order. Firstly, I must take issue with your description of our last as a "begging letter". It might perhaps more properly be referred to as a "tax demand". This is how we, at the Inland Revenue have always, for reasons of accuracy, traditionally referred to such documents. Secondly, your frustration at our adding to the "endless stream of crapulent whining and panhandling vomited daily through the letterbox on to the doormat" has been noted. However, whilst I have naturally not seen the other letters to which you refer I would cautiously suggest that their being from "pauper councils, Lombardy pirate banking houses and pissant gas-mongerers" might indicate that your decision to "file them next to the toilet in case of emergencies" is at best a little ill-advised. In common with my own organisation, it is unlikely that the senders of these letters do see you as a "lackwit bumpkin or, come to that, a "sodding charity". More likely they see you as a citizen of Great Britain, with a responsibility to contribute to the upkeep of the nation as a whole. Which, brings me to my next point. Whilst there may be some spirit of truth in your assertion that the taxes you pay "go to shore up the canker-blighted, toppling folly that is the Public Services", a moment's rudimentary calculation ought to disabuse you of the notion that the government in any way expects you to "stump up for the whole damned party" yourself. The estimates you provide for the Chancellor's disbursement of the funds levied by taxation, whilst colourful, are, in fairness, a little off the mark. Less than you seem to imagine is spent on "junkets for Bunterish lickspittles" and "dancing whores" whilst far more than you have accounted for is allocated to, for example, "that box-ticking facade of a university system." A couple of technical points arising from direct queries: 1. The reason we don't simply write "Muggins" on the envelope has to do with the vagaries of the postal system; 2. You can rest assured that "sucking the very marrows of those with nothing else to give" has never been considered as a practice because even if the Personal Allowance didn't render it irrelevant, the sheer medical logistics involved would make it financially unviable. I trust this has helped. In the meantime, whilst I would not in any way wish to influence your decision one way or the other, I ought to point out that even if you did choose to "give the whole foul jamboree up and go and live in Grand Cayman" you would still owe us the money. Please forward it by Friday. Yours Sincerely, H J Lee Customer Relations PS from writer Peter Krijgsman How the Angel Came to Be on top of the Tree It was supposed to be a happy time, but it wasn't. Santa was not very happy. It was Christmas Eve and NOTHING was going right. Mrs.Claus had burned all the Christmas cookies. The Elves were bitching about not getting paid for the overtime they had put in while making toys, and the reindeer had been drinking all afternoon and were dead drunk. They had taken the sleigh out for a spin earlier in the day and crashed it into a tree, breaking off one of the runners. Santa was in fact beside himself with anger. "I CAN"T believe it! I've got to deliver millions of presents all over the world in just a few hours from now and all my reindeer are drunk, my Elves are on strike and I don't even have a Christmas tree! I sent that stupid Little Angel out HOURS ago to find a tree and she isn't even back yet! What am I going to do?" Just then the Little Angel opened the front door and stepped in from the snowy night, dragging a Christmas tree. "Yo, Santa, where do you want me to stick the Christmas Tree this year?" She asked. And thus the tradition of Angels perched atop the Christmas trees came to pass. BOW WAVE is published each week to around 9300 Readers in the transport,insurance,shipping and finance industries. Thanks for reading BOW WAVE | Sponsors: Links: | |||||||||||||||||
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