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Big Oil “Can’t Afford” to Pay Taxes Like the Rest of Us

Those Poor Big Oils Here are excerpts from two news items in yesterday and today's Wall Street Journal (still my favorite newspaper, but I'm worried). Rangel Proposes Cuts In Tax Overhaul Bill "... Companies that us and accounting method known as last-in, first-out to value their inventories for tax and financial-reporting purposes would be required to shift to a new method -- a move that likely would result in a higher tax bill in many cases. The elimination of last-in, First-out, or Lifo, would hit big oil companies and some manufacturing and retail firms. Lifo allows the value of goods held in inventory to be recorded at current prices, which reduces the taxable gain." [In other words: Suppose Shell Oil bought a million barrels of OPEC oil for $72 a barrel last year, and now it's worth $90. Shell refines it now. Their "cost" for the raw material can be booked at $90, greatly reducing their taxable profit from the refined product. SD] "Critic...

Wal-Mart - The Big Ugly (UPDATED)

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Darn it, Wal-Mart... Come ON I've been grousing about (and resolutely not shopping at) Wal-Mart and Sam's Club for years, mainly for three reasons: (Put "allegedly" in all the legal places below - they don't like criticism.) 1. An early Wal-Mart store wiped out most of the local retailers in my small Texas home town. 2. Their treatment of suppliers has been vicious - becoming a small manufacturer's biggest client, then grinding down their prices by threatening to quit buying. Then - ultimately - taking their purchase of the product offshore, occasionally using the original U.S. supplier's design to define the outsourced product. 3. Their treatment of their own employees has been rough, too. Avoiding medical benefits by manipulating hours to keep a high percentage of their workers "part-time," thus ineligible, for instance. BUT THERE HAVE BEEN SOME "IMPROVEMENTS" Maybe. It's hard to know whether the better health care plan we...

Fresh Water Fright

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We Need a Really BIG Plan Water, water nowhere. Speaking of Fright Night, imagine how bad it could get and how fast. Turn on the tap and get a dribble. Short, cold showers. Brown, crispy grass. Very dirty cars. Dirty clothes/dishes. Not to mention famine and giant forest fires. Rent a copy of Soylent Green . Note that one minor note in it's symphony of a dystopic future (2022) is a scary fresh water shortage. It's even scarier than the movie's main theme. I strongly believe - probably since I live in the western U.S. - that the most immediate threat of global warming is megadrought . Snowpacks are shrinking as fast as the North Pole sea ice. That means dry streams, rivers and reservoirs out here. And surely you've heard about what's happening in the normally wet southeastern U.S. The New York Times Sunday Magazine today (10.21.07) has a blockbuster piece on the subject called The Future is Drying Up . [You have to "subscribe" to read it, bu...

Ayn Rand Ridiculousness

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Nobody Considers What the Brain Surgeon Wants * I have a Libertarian pal who sends me stuff from the Ayn Rand Institute to make his side of our various arguments. They are always good for a giggle in my view. Here are a couple of paragraphs from the latest screed. Atlas Shrugged and Today's Healthcare Controversy October 16, 2007 "While Atlas is 50 years old, it contains many timeless truths that are just as relevant today as they were when it was first published. "Take the realm of health care. Most Republicans and Democrats are proposing forms of socialized medicine--under euphemisms like 'universal health care,' 'national health insurance,' etc. Everyone talks about how to protect patient's 'right' to health care--but no one talks about the rights of the doctors that create this value. This is a deadly evasion that one of the characters in Ayn Rand's novel, Dr. Thomas Hendricks, an eminent surgeon who quits the field, eloq...

Dog On

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A Breed Apart A friend recently asked me about Airedales. My response was so succinct, I think I'll share it. Airedales are big (70-90 pounds), curly-coated lovebugs. They were bred originally in Great Britain to catch the various critters in the granaries and on the docks. So they are “self-directed” hunters, i.e. hard to train as pointers, sitters, etc. But, man, can they catch squirrels, chipmunks, and the like. They are very people-centered, loyal and affectionate. Every one of them I’ve met would like to be a lap dog, even at 80 pounds. Oooof . Jake & Friend If smitten with Airedale need, check out the Southwest Airedale Rescue site . Read a warm, mushy true Airedale saga right here .

Demon, Demon Burning Bright

I love to quote myself. At least I'm sure of the source. Back on June 7, 2006 I was in upper umbrage about the demonizers from the right: Rush Limbaugh, Sean Hannity, Glen Beck, Michael Medved, et al. I took a special swipe at the Queen of Queazy Ann Coulter. Now with her latest spew about Jews, I would like to repeat myself. The Mother Superior of demonizers on the right is Ann Coulter. Her new book "The Church of Liberalism - Godless" paints all "Libs" with one tar soaked brush. She could have worked for any of the great Demonizers of the past. She would have been a star of the Inquisition or - need I say it - she would have been a fine lieutenant for Joseph Goebbels. She gets the right wing Medal of Honor for slimy propaganda. She is the Big Lie boogie queen. There, I feel better. If you want to read the whole rant, click   this

Plastics for Obeisity, Cancer and Diabetes - UPDATE

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BPA UPDATE In my first post on this worrisome pollutant that is universal in our "better living through chemistry" environment, I asked, "Do you recognise polycarbonate plastic when you see it?" That's the plastic that leaches out the bad stuff BPA. Here's a picture from the September 29 Science News of some examples. See anything you might use? What if the current diabetes epidemic, the scourge of fat folks and the stubborn persistence of cancer are all made worse by this handy kind of plastic? Do you know any kids who look like this? Poor baby. She's going to have an almost impossible time losing that weight as she grows up IF her obesity was caused by BPA - and there is a distinct chance it was if her mother was exposed during pregnancy. Although the chemical companies are doing all they can to keep us from hearing the bad news about this omnipresent plastic, it is slowly leaking out - so to speak. The latest article in Science News is a go...

Small Inventions Make Me Happy

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The Shower Curtain Wonder I don't really like shower curtains. They are forever sticking to my shoulder or my rump and feeling totally icky in the process. Especially in hotels. Who knows whose shoulders and rumps have left their spore on that slimy plastic? Someone read my mind. Can you tell how this shower curtain is bowing out? At shoulder and rump level, it's a good three inches outside the edge of the tub, completely out of the way! That bowed piece of metal at the top, a shower curtain rod for the 21st century, holds the curtain well away from contact. It's all made possible by the simplest technology. A small block of aluminum with a slot for the bar. Made in Taiwan, surprise ! The modest traveler's hotel Days Inn in Glendale, CA has these. Maybe the whole chain has them by now. My personal thanks to the genius who thought this was worth doing. I'm now a loyal customer because of it.

Great Response to Ken Burns' "The War" [UPDATED}

[Update: In "Comments" at the bottom of this is a dramatic, first-person, poetic account of one man's experience in WWII. It challenges how any war is depicted, no matter how well it is done. It also challenges the "Greatest Generation" idea. Most of all it reflects how devastating war is to individuals. Read it.] Well Said There is the war (Iraq, Afghanistan and, God forbid, Iran) and "The War," Ken Burns' powerhouse World War II documentary. Being of an age that made me a kid during the actual WWII years, seeing the newsreels that Burns uses so effectively, knowing the relatives and neighbors with dead and wounded kids, doing the paper drives, living with rationing and the whole nine yards, I have the visceral response to "The War" of memories revived*. But beyond that I have an even more powerful response. I was pleased to find an articulate, passionate commentary that captured nearly every element of this other response of min...

Horny Toad!!

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Back from Extinction, or Just a Curtain Call? Yesterday, just outside our courtyard gate, sitting on a rock and trying to soak up some fine fall New Mexico sun, a baby horny toad! I was stunned. So I grabbed my trusty Cannon and shot this. Imagine me at 20 feet long, puny human! With all the news about them disappearing, I hardly knew what to do next. So I just moved the little darlin' to another rock less in the way of our foot and dog traffic. Should I have put it in a terrarium? Taken it to a toad conservatory? Shipped it to TCU? Finally I decided because we keep a chemical-free environment here in the mountains (7300 feet) it would be as safe here as anywhere. And clearly its momma and poppa were doing OK somewhere nearby. So I'm thrilled. Those "horned toads" are really lizards , but to me they are little dinosaurs, and to have some roaming the homestead is an honor.

Dan Rather Sues for Truth

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An honest Rather mistake Dan Rather's $70 mil lawsuit against CBS might be something of a biggie in terms of defining "the corporate media," it seems. I strongly feel this label needs defining, since the Right blithely labels the very same companies "the liberal media." (Talk jockey Rush Limbaugh calls them the "drive-by media," confusing all but hardcore dittoheads.) The most exhaustive review of the whole Rather/CBS/Whitehouse/Pentagon substance is in Salon today (Sept 27, '07) as Sidney Blumenthal gets after it in gate . He addresses the point that has seriously bugged me ever since the "W stiffs his National Guard Service" story was smothered under allegations of one piece of evidence being bogus, the memo allegedly from Col. Jerry Killian. That point is that the story about Bush skipping his duty was true and proven by many other pieces of evidence. In the context of the whole "Swift Boat Veterans for Truth" dirty tr...

You Are What You Eat

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Granted, not everyone loves brussel sprouts as much as I do. Truth is, this fellow will never become obese. Credits: Wife Dorothy the master gardener.