Posts

T-t-t-t-TRILLION! updated

The First Trillionaire It's gotta happen. One of these days somebody - probably a Bahrainian you never heard of - will become the world's first trillionaire ( Wired Magazine says it will be Bill Gates). Imagine if whoever it is has Bill and Melinda Gates's charitable sensibilities! Let's see, a trillion is a thousand billions. A billion is a thousand millions. A million is a thousand thousands. So a trillion is a thousand thousand thousand thousands. That's a lot. It looks like we will spend even more than that on W's war. (I've been interested in how little Americans seem to realize how much a mere $billion is. Even our newscasters seem to phumpher around with the difference between a bil and a mil.) The best commentary I've seen on wasted trillions is in today's Christian Science Monitor (one of my favorite newspapers). Commentator Woody Tasch makes the fine suggestion "If Iraq is worth $1 trillion, let's allot just as much to ben

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