Showing posts with label tax havens. Show all posts
Showing posts with label tax havens. Show all posts

Friday, December 23, 2011

Layer 502 . . . Banking Reform, City Whingeing, Britain's Interests, Tax Havens, Tax Avoidance, Neuroscience, Punishment, Values, Virtues and Education

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An interesting column by Vince Cable in the Guardian this week:

Put aside the City's whingeing


The threats posed by banking reform are exaggerated. The country's interests must come first

http://www.guardian.co.uk/commentisfree/2011/dec/20/phoney-emotions-generated-eu-transaction-tax

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Simon Jenkins' column this week is, as usual, well worth checking out:
The government is so draconian, yet so casual towards dodgy private cash
At times like this we need an equality of misery. Yet public spending is slashed while Revenue & Customs caves in to the wealthy
http://www.guardian.co.uk/commentisfree/2011/dec/20/government-draconian-casual-dodgy-private-cash
In good times such stories merely water the envious eye. In bad times they induce blind rage. Why the hell should people be expected to lose their jobs, their houses, their lifestyles, when the government is a soft touch for the rich and powerful? This is not a matter of left or right, socialist or capitalist. Britons are now embarking on a journey into a dark night of economic gloom. Nothing will make them less inclined to co-operate than the sight of a lucky few rowing to safety in gold-plated lifeboats.
Fairness cuts both ways. Today's report on the tax leniency shown by the Revenue towards big corporations indicates that toughness towards the poor is not replicated by toughness towards the rich. The estimate was of some £25bn in taxes gone missing, the bulk of it concealed by an insistence on "commercial confidentiality", otherwise known as incompetent secrecy.
Goldman Sachs appeared to have paid £20m less than it should on bonuses alone, and was excused with a £10m payment ex gratia and a "handshake" with the boss of the Revenue. Vodaphone paid just £1.25bn towards a tax bill that should have been some £6bn. The reasonable assumption is that these cases were tips of an iceberg. Meanwhile the relevant inspectors were being wined, dined and offered jobs by the grandees of the accountancy firms overseeing the scams.
It may be a corny adage, but it remains glaring that almost no holder of high office in Britain at present has ever met a payroll, run a business or cut a corporate budget. They are children playing with sweets.
Osborne is the scourge of public sector unions and condemns tax avoidance, yet he refuses to end the scandal of crown tax havens, from Jersey to the Caymans, that enjoy the benefits of British citizenship while enabling individuals and corporations to evade British tax. Last week the European Union lectured Britain on financial regulation, while harbouring on its borders such fiscal black holes as Monaco, Liechtenstein and Switzerland. The thesis, accepted by governments of all parties, that the rich should be allowed to escape tax for their "wealth-creating potential" has surely been exploded by the credit crunch. It is not the kind of wealth Britain can afford.
Just because lobbyists say bonuses and tax havens are "essential to Britain's recovery" does not mean they are. The government's tolerance of both is more than stupid. It induces cynicism in the public realm and recruits fair-minded people to the cause of St Paul's protesters and public sector strikers. Nothing is more crucial to national wellbeing at a time like this than a sense of equality of misery. 
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There's an interesting piece in the Guardian by Vicki Helyar-Cardwell on the age of criminal responsibility, and sentencing policy:
Sentencing of young adults should take their maturity into account
Our criminal justice system should heed the latest research on neuroscience and the law
http://www.guardian.co.uk/commentisfree/2011/dec/20/sentencing-young-adults-maturity
"The prefrontal cortex, which is responsible for decision-making, impulse control and cognitive control, is among the slowest parts of the brain to mature and is not fully developed until around the age of 20".
Eh?
A University of Birmingham report, commissioned by the Transition to Adulthood Alliance, has shown that "Development of those areas of the brain concerned with higher order cognitive processes and executive functions, including control of impulses and regulation and interpretation of emotions, continues into early adulthood; the human brain is not 'mature' until the early to mid-twenties."
While your [Guardian] article focuses largely on the implications of neuroscience for the age of criminal responsibility – undoubtedly far too low at 10 – the findings have equal importance for policy towards young adults, who are by and large treated as fully fledged adults from the moment they wake up on their 18th birthday. This was certainly the case in the sentencing following last summer's riots.
The public support these measures: a recent poll found that 69% think emotional and psychological maturity should be taken into account for those accused of breaking the law.
In Germany this is common practice: courts can choose to try young adults up to the age of 21 under juvenile law if the offender is immature or the circumstances of the offence are more typical of youth crime.
Our organisation [the Criminal Justice Alliance] has long argued that maturity, not just chronological age, should be recognised in the sentencing process. This latest report strengthens that argument.
The problem with all this is that it's crap. This isn't an issue about the "maturity" of the physical brain. It's an issue about intelligence - the personal, social, emotional and spiritual intelligences, to be precise. It's an issue about the failure to develop spiritual and personal intelligence through proper education that allows children to consider and to PRACTICE positive human values and human virtues.

Very young children are usually aware of when something is "right" and when something is "wrong". The issue is whether they grow up in environments and circumstances that allow and encourage them to make positive choices rather than negative choices; places that discourage them from behaving selfishly and egocentrically. They need to develop the language of social, emotional and spiritual intelligence. In good schools and homes this can happen at a very early age.

Just waiting for the physical brain to "mature" is NOT the answer.

What needs to be taken into account when we sentence people for criminal behaviour is whether those people have been given opportunities to develop all of their intelligences - despite their physical brain not being "fully developed" or "mature". Sadly, in far too many cases, such education and such learning has NOT taken place, and young people are simply repressed rather than educated in the theory AND practice of living life virtuously, according to positive human values.

The really hard cases with high academic attainment sometimes go out into the world and get rich on tax evasion and avoidance, and financial scams. They then complain like crazy that young criminals are treated too leniently and aren't punished sufficiently.
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Sunday, December 14, 2008

Layer 103 Euthanasia, Tax Havens, Desert Islands, Greece and the Education Olympics

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Even the staunchest supporters and defenders of Cancer Cat’s right to live have come round to saying that it’s time to have her put down. Seeing her looking so manky and grubby, so weak and thin, her ear blackened and bloodied by cancer, the consensus now seems to be that it’s time to call time on her wretched little life, lived as it is within the confines of a conservatory.

However, in a week when the issue of assisted death has coincidentally been so much in the national news and consciousness, I’m not convinced.

I observe Cancer Cat through the glass kitchen door as she crouches sleeping on the blanket in her box, and I think - this is the way it is with old age. Out in the wild, where she’d be prey to predators, she’d have been taken and eaten years ago.

Here, where she’s safe, she ekes out her days and weeks in a state of inactive sleep and semi-sleep, and who am I to judge that she’s in pain and that she should be killed?

I’m not against mercy-killing, and if there was clear evidence that death would be a merciful release, then I’d do it. But the vet, when consulted, said only that the cancer in her ear wouldn’t spread to other parts of her body, and that it’s no longer seen as necessary to amputate a cancerous ear. By implication, therefore, she should be left alone to get on with the rest of her life in the best way she can.

This week the UK authorities ruled against prosecuting a couple who had helped their son to die, on the grounds that it would not be in the public interest . He’d been in a state of complete paralysis since breaking his neck whilst playing rugger.

He had no quality of life at all, since he couldn’t lift a finger to do anything for himself. No doubt he could also observe that taking care of his needs was having a very detrimental effect on the quality of life on offer to his parents, his carers. He’d had enough of just existing, and wanted to die.

This week Sky TV broadcast a documentary featuring a 59 year old man who was terminally ill, who’d asked for his assisted death to be shown on TV, so that people could see for themselves that dying in this way is not unpleasant and distressing, other than the fact that a human life has ended. Inevitably this TV ‘first’ caused an almighty ruckus.

Today the Observer published an editorial on this issue: “Parliament needs to address the moral case for assisted suicide”.

The government must anticipate the need for a new law and establish a commission of enquiry to recommend what it should be. Otherwise, while the issues continue to be debated in the media, cases will come to court and conflicting precedents set on the basis of particular circumstances. But justice requires that, on such a difficult ethical question, the law be based on universal principles. The proper place to establish those principles is Parliament.


http://www.guardian.co.uk/commentisfree/2008/dec/14/assisted-suicide-house-of-commons

Somehow it’s clear-cut when you have a human being who is clearly expressing a desire to die. It’s a more complex business when it’s a dumb (or very dumb) animal that’s not even communicating clearly with body language.

What to think, for instance, when the cat goes for several days refusing to eat anything, and doesn’t even make an effort to keep herself clean, and then has a day like today when she enthusiastically crunches up a pile of her favourite food, chicken bones, and spends a whole hour cleaning herself and her manky ear?

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Tax Havens Revisited.

In the Observer today Nick Cohen gives over the whole of his column to the issue of tax havens: ‘These vile tax havens have had their day’.

After giving the Barclay Brothers a pasting for their activities on Sark, Cohen goes on to say,

[Sark is not] the only British territory to become the modern version of pirate statelets of the Spanish Main. In a list of 37 'suspect jurisdictions' drawn up by American politicians pushing a 'Stop Tax Haven Abuse Act' through Congress, 11 are under British control - Alderney, Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, Gibraltar, Guernsey, the Isle of Man, Jersey, Sark and the Turks and Caicos islands.

Since 1997, Labour has not shown the slightest squeamishness about allowing the Barclay brothers and their kind to avoid the taxes that you, dear reader, must pay on pain of imprisonment. Ministers had the sovereign power to stop them, but in the bubble years they would do nothing that threatened the City, which routed so much of its business offshore.

The energy they put into defending rich men and rich companies is shameful to recall. Richard Murphy of Tax Research UK was not exaggerating when he said that, after the departure of George W Bush, Gordon Brown will be 'the most important supporter of tax havens in the world'.

Accountancy Age added: 'Sarkozy wants to launch attacks on the havens, the Germans want to target Switzerland in particular, and seemingly only one major country, Britain, led by Gordon Brown, who in opposition made his name pledging to crack down on tax avoidance, is standing in the way.'

I could despair about his hypocrisy, but I will leave the polemics for another day, because the world in which politicians regarded tax havens as necessary adjuncts to the all-powerful financial markets has crashed, and overdue reform may be coming.

Barack Obama is among the sponsors of the proposed American assault on tax havens. 'We need to crack down on individuals and businesses that abuse our tax laws so that those who work hard and play by the rules aren't disadvantaged,' he said in 2007. He will certainly ally with Germany and France against Britain after he becomes President next month.

They understand that tax havens allow multinationals and local kleptomaniacs to siphon off Africa's wealth to Guernsey, Jersey and their competitors. So widespread has the looting by the African elite become, that a study for the Tax Justice Network concluded that the hell holes of sub-Saharan Africa were a 'net creditor to the rest of the world'.

The dismantling of offshore finance is a necessary precondition for African development. And for our development, as well.

I get a sense of renewed radical self-confidence. Ideas that were impossible to contemplate in the bubble seem common sense now.

If they were to decide that Sark and the failed economic model it represents were not so quaint after all, they would be on the side of the honest taxpayers and international progressive opinion, and against African dictators, tax-dodging multinationals, money launderers, organised crime and the Barclay brothers.

Labour is talking a great deal about the need to make 'tough choices' at the moment. This is not one of them.

http://www.guardian.co.uk/commentisfree/2008/dec/14/sark-barclay-brothers-labour

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Making Schools Enjoyable

Desert Island Discs last week featured Prof. Marcus du Sautoy, the new Simonyi Professor for the Public Understanding of Science, who is taking over that post from fellow-atheist Richard Dawkins.

The Prof is obviously a brilliant guy, mathematically-speaking, and also pretty dynamic in many ways. He seems to pride himself in having developed a taste for classical and operatic music at a time when his contemporaries were getting into punk rock. He clearly enjoys the mathematics of complex music, and his music choices were all abysmal, boring and turgid.

The only part of the programme that made me feel pleased I’d listened to it was when he described his time living in Guatemala, and his child’s experience of school there. (And credit to him for sending his child to a local school, and not an ex-pats only ‘international’ school. Maybe that’s something to do with having attended a state comprehensive himself.)

Kirsty wondered what the school had been like, and he said, “Schools are so much more fun in Guatamala - they ran a farm, did woodwork, and so on.” This is a man who believes that maths can be fun when it’s approached in the right way.

So bloody shame on Britain for failing to provide schools that are even as good for kids as those in poor bloody Guatamala. But nobody here even gives a damn about schools being fun places for kids, where learning takes place within meaningful contexts. Kids deserve so much more than the pompous misguided shits who run our system, who care only for high ‘attainment’, regardless of how it’s achieved or how badly our methods impact on our kids.

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Greece Revisited

Yiannis Yiatrakis, who preferred to leave his study of abstract mathematics to take to the streets of Athens last week, is quoted in the Observer today: “It's like a smouldering fire - the flames may die down but the coals will simmer. One little thing, and you'll see it will ignite again. Ours is a future without work, without hope. Our grievances are so big, so many.”

Reporter Helena Smith goes on to say,

“The orgy of violence that has gripped this beautiful land masks a deeper malaise.

These are a lost generation, raised in an education system that is undeniably shambolic and hit by whopping levels of unemployment - 70 per cent among the 18-25s.

Often polyglot PhD holders will be serving tourists at tables in resorts. One in five Greeks lives beneath the poverty line. Exposed to the ills of Greek society as never before, they have also become increasingly frustrated witnesses of allegations of corruption implicating senior conservative government officials and a series of scandals that have so far cost four ministers their jobs.

It began with one death, one bullet, fired in anger by a hot-headed policemen in the heart of Athens' edgy Exarchia district on last Saturday.

No one thought they would wake up to a revolt in the streets. But the death of Alexandros Grigoropoulos, a tousled-haired teenager from the rich northern suburbs was the match that lit the inferno. If the killing had happened in any of the capital's wealthy satellite suburbs, the reaction might well have been more subdued.

Exarchia, however, is Athens' answer to Harlem (without the racial component). It is here that anarchists, artists, addicts, radical leftists, students and their teachers rub shoulders in streets crammed with bars and cafes that are covered with the graffiti of dissent. It is Athens's hub of political ferment; a backdrop of tensions between anti-establishment groups and the police.

Within an hour of the boy's death thousands of protesters had gathered in Exarchia's lawless central square screaming, 'cops, pigs, murderers,' and wanting revenge.

Theirs was a frustration not only born of pent-up anger but outrage at the way ministers in the scandal-tainted conservative government have also enriched themselves in their five short years in power.

Now the million-dollar question is whether protests that started so spontaneously can morph into a more organised movement of civil unrest.

With daily demonstrations planned in the weeks ahead Greek youth are not going to give in easily.

http://www.guardian.co.uk/world/2008/dec/14/greece-riots-youth-poverty-comment

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The Olympics of Education - Marjorie Scardino, The Guardian, Thursday December 11th.

Learning To Learn

Finland was top science performer and second in reading and maths in the latest results, announced last year, while South Korea was first in reading and Taiwan topped the maths table. Study the winners and you'll see that success isn't tied to class size, facilities, study time or money. The key is simply the winners' care for and attention to their education system, focused in three important areas.

First, individualism. In Finland students start school later and spend fewer hours there than almost anywhere else, but schools emphasise "learning to learn", not to get a job or a university degree. They focus on personalised, diagnostic assessment that works to "support and guide pupils in a positive manner", as the Finnish education board phrases it.

Second, technology. High-scoring countries like South Korea use technology to make connections and to share information. Teachers share ideas online and parents become more involved in their children's instruction. The South Korean education minister recently said access to technology over the last 10 years has changed how their students relate to teachers, so they question rather than merely absorb.

And finally, teachers. Probably most important, the best-performing countries tend to set great store by how they select and train teachers, starting a virtuous circle that elevates teaching to a noble and honourable status and attracts the best. "Are You the Right One?" Singapore's education ministry asks aspiring teachers visiting its website.

Only one in five applicants is admitted to teacher education, and of those who train, nine out of 10 become teachers. Applicants are advised that "teaching is not for the short term" and are assessed for communication skills, willingness to learn and "the passion to teach and the belief that you can make a difference".

We're intently focused right now on how to relieve a severe economic contraction. But perhaps we're not looking in the right place. Our long-term economic health might revolve as much around the classroom as the boardroom, the trading floor or the halls of parliament. One effective long-term economic stimulus package might be a massive teacher recruitment, development and reward programme. That would repay the taxpayer - and all taxpayers of the future - many times over. And it would help boost us to the very top of the most important champions' league.

http://www.guardian.co.uk/education/2008/dec/11/primary-maths-science-politics

Well said, Marjorie Scardino. It really is simple, and so obvious that anyone with half a brain has known this for decades:

* Put the emphasis on the enjoyment of learning for its own sake, and on learning how to learn - not on learning for tests or extrinsic rewards or the job market.

* Make teaching a proper profession again - a noble and honorable status - and make sure you attract people who know how to be creative and how to make learning interesting and exciting.

* Use computers and the Internet to the full, and enable students to pursue their own interests and learning objectives as independently as possible.
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Monday, December 8, 2008

Layer 99 Coming Up Roses

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The British Comedy Awards 2008 was so dire I need to comment on how bad the whole thing was. The only good things about it were that awards went deservedly to Russell Brand, Harry Hill, the wonderful Geoffrey Perkins, and the Gavin & Stacey team.

The most interesting thing about the entire programme was the fact that the real greats of British comedy for the most part didn’t turn up for the event - including Brand, Hill and Ricky Gervais, who was clearly a very unpopular winner of his category with those who were at the awards. Were their jeers professional jealousy, or do they seriously not ‘get’ Ricky’s humour? Or is it now ‘cool’ to dislike and revile him?

Geoffrey Perkins’ daughter made a lovely, warm and touching acceptance speech for her deceased father’s award. Russell’s taped contribution from Hawaii was very funny.

And those were the highlights. The rest was “a fucking smug display of back-slapping wankery”, as Michael Legge puts it in his blog.

The worst part of it for me was the truly awful Angus Deayton, who, as I blogged on Saturday, was nasty, snide, bitchy, irritating, up his own arse and completely unfunny. I read somewhere that Ross was paid £100,000 for hosting this show. I’d hate to think Deayton got anywhere near that. He deserves nothing for his incompetent and badly-judged performance.

It wasn’t witty, it wasn’t clever, and it wasn’t in any way amusing. Brand and Ross have set the standard for this kind of thing, in that people may hate their narcissistic shtick but at least they (or their writers?) are capable of original wit. Deayton may think he’s ‘edgy’, and perhaps sees ‘edginess’ as a requirement in front of an audience of his edgy ‘peers‘, but run-of-the-mill sarcasm and snidery are not the same as edginess. You’d never see Brand stooping to that kind of thing, for instance, as much as he’s capable of putting the boot into those who truly deserve the boot, like George Bush, obviously.

More About Cars

I love bizarre coincidences. Barely 8 hours after posting comments about the dire Morris Marina yesterday there was a feature on Top Gear on the appalling cars produced by the Eastern Bloc countries, which featured a track race between one of them and our very own Morris Marina, as an example of the rubbish our own car industry was capable of producing.

Will Hutton published some interesting thoughts in yesterday’s Observer about the dire state of the American car industry and what needs to happen world-wide to re-think the kinds of vehicles that are needed in the 21st Century. He concludes,

“Detroit is at a crossroads. Car companies need to rethink their mission from scratch, for their own sake and the world's. The car was a symbol of the 20th century.”

http://www.guardian.co.uk/commentisfree/2008/dec/07/car-future-general-motors-bailout

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Also in The Observer

1. Front Page spread: Mugabe Must Be Toppled Now - Archbishop of York

In an extraordinary and passionate outburst, the Archbishop of York is calling for President Robert Mugabe to be toppled from power and face trial for crimes against humanity. Dr John Sentamu, writing in The Observer, said the world must recognise that the time for talks was over and Mugabe should be forced out. 'The time has come for Robert Mugabe to answer for his crimes against humanity, against his countrymen and women and for justice to be done. The winds of change that once brought hope to Zimbabwe and its neighbours have become a hurricane of destruction, with the outbreak of cholera, destitution, starvation and systemic abuse of power by the state,' he says.

'As a country cries out for justice, we can no longer be inactive to their call. Robert Mugabe and his henchmen must now take their rightful place in The Hague and answer for their actions. The time to remove them from power has come.'

Excellent

http://www.guardian.co.uk/world/2008/dec/06/zimbabwe-robert-mugabe-john-sentamu


2. Pope attacks tax havens for robbing poor. Hard-hitting Vatican report lays blame for the global financial crisis at door of 'offshore centres'.

It is a message sent from on high to the world's financial and political elite. The Roman Catholic Church is calling for the effective closure of secretive tax havens as a 'necessary first step' to restore the global economy to health.

In a policy paper from the Holy See, Pope Benedict pins the blame for the international financial crisis largely on 'offshore centres', many of which, such as the Channel Islands, are British dependencies.

Brilliant.

http://www.guardian.co.uk/world/2008/dec/07/pope-benedict-vatican-tax-havens-credit-crunch


3. Stay Calm - learning to stay calm while leading with emotion.

The New York Times supplement carries as essay by Kate Zernike in which she considers the importance of emotional intelligence in leaders like Barack Obama.

http://www.nytimes.com/2008/11/30/weekinreview/30zernike.html?_r=1

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One of the things that really stands out in Zernike’s essay is the near-universal confusion between feelings and emotions. For example, she says,

“We want our doctors to be calm, but we want them to show emotion and empathy, as well.”

Actually, we don’t want them to show emotion. We want them to be professional and calmly objective, and empathetic. We want them to show they have feelings, but we do NOT want them to have and to show an emotional response to our problems. Personally I never want to see my doctor showing signs of anxiety or anger or resentment or disgust or any other emotion. Professionalism demands that strong personal reactions and emotions do not intrude into professional relationships.

Neither would I want to see President Obama showing uncontained emotions - certainly not panic or hatred or desire for revenge. We had enough of that with Bush and Cheney.

However, Zernike’s main point is well made - it is possible to become emotionally and spiritually intelligent and to learn how to behave calmly in a crisis. These qualities are not just something we either do or don’t inherit through our genes.

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The Rose Review

Which leads on to today’s news that Sir Jim Rose has published his interim report on the English & Welsh Primary school curriculum, and that it’s overwhelmingly intelligent and enlightened, particularly in its proposals to ensure that a major part of the curriculum centres on developing children’s capacity for social, emotional and spiritual intelligence. It also recommends getting rid of the disintegrated curriculum and organising the curriculum into cross-curricular themes or topics, along the lines of the Scottish ‘curriculum for excellence’. More about this tomorrow, no doubt.

http://www.guardian.co.uk/education/2008/dec/08/primary-schools-history-curriculum-education

http://www.guardian.co.uk/education/2008/dec/08/primary-subjects-theme

http://www.guardian.co.uk/education/2008/dec/08/sats-under-review

http://www.guardian.co.uk/education/2008/sep/23/primaryschools.teaching

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Children at Risk

Jenni Russell has another excellent column in today’s Guardian - on the subject of social services departments failing to protect vulnerable children. She writes,

One in eight children - 1.5 million - are thought to be growing up in a situation where they may be at risk. Only about 25,000, though, are on the equivalent of the at-risk register.

Worst of all is the effect of government targets. Councils that assess a lot of children quickly score more highly. But there's a correlation between speed and the danger of superficiality. Councils also score worse in performance indicators if there is a rise in the number of children taken into care.

They lose points again if they keep children on the equivalent of the at-risk register for more than two years. All the pressure is to get children off the system and to downgrade their needs.

All of this, of course, in order to achieve government targets, and to placate Ofsted. The whole system is perverse and wicked.

http://www.guardian.co.uk/commentisfree/2008/dec/08/child-protection-social-care

It was reported today that Haringey’s director of children’s services has been dismissed from her post.

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The Chartered Institute of Educational Assessors

reports as follows:

The overwhelming majority of adults believe school exams do not reflect their true abilities or predict their future success, according to a new report published today. As many as 77 per cent feel that formal testing fails to measure their real intelligence, yet the exam results are used to scrutinise them through their academic careers and when applying for jobs.

The study, by the Chartered Institute of Educational Assessors (CIEA), found that for a majority of people (62 per cent) the feeling they most associated with taking an exam was 'butterflies in the stomach'. More extreme reactions to exam situations included headaches, insomnia and vomiting. Just three out of 10 people associated exams with 'a sense of pride', according to the study based on responses from 2,000 adults.

Pupils in England sit an average of 70 formal examinations. According to a recent report from Cambridge University, English primary school children are now subjected to more tests than their international counterparts. Yet, claims the CIEA, 60 per cent of teachers who responded to a separate online poll said they did not think exams were necessarily the best indicators of a pupil's ability and were not reflective of their future success in a job. Amid reports accusing schools of 'teaching to test', the CIEA said the survey pointed to the need for a more well-rounded form of assessment.


http://www.guardian.co.uk/education/2008/dec/07/schools-a-levels-gcses-education
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