PJ O'Rourke distils it, serves it to his own in a snifter

A nutshell summary of the complex art, practised in particular by so many commercial lawyers, of structuring chalk to resemble cheese:

"Conservatives are champions of the free market, and the free market is based on transparency and the rule of law. Now for three decades, since Thatcher and Reagan, we conservatives have had the rule of law and the means of transparency in our hands and have handed the world a load of crap.

"There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point complexity is fraud. You can apply that rule to left-wing social programs but you can also apply that rule to credit derivatives, hedge funds, all the rest of it," Mr O'Rourke said.

Well put PJ, let's start on 'tax advising' next.