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Friday, November 22, 2019

Tesla Cybertruck will get up to 500 miles of range and start at $39,900 Always a showman, Musk put the truck through its paces in an effort to demonstrate its ruggedness. He had Franz von Holzhausen, Tesla's chief of design, hit the door of the truck with a sledgehammer several times, claimed it was practically bulletproof, and showed the truck winning a tug-of-war with a Ford F150 and a drag race with a Porsche 911. read more


Thursday, November 21, 2019

While testifying in the impeachment hearings on Capitol Hill, the White House's former top Russia expert, Fiona Hill, said her boss, former national security adviser John Bolton, instructed her to tell lawyers she was not part of the "drug deal" Gordon Sonland and Mick Mulvaney were "cooking up." read more


Wednesday, November 06, 2019

In His Dark Materials, now an HBO series, the author takes on organized religion. It's not a fair fight. (Pullman is an Executive Producer on the project. The thread link is to an article, not a review.) read more


Monday, November 04, 2019

Google kicked off Native American Indian Heritage Month with an animated doodle dedicated to Will Rogers. The entertainer, humorist and author who became known as "America's Cowboy Philosopher" was born on this day in 1879 at Rogers Ranch in Oologah, Cherokee Territory, in what is now the state of Oklahoma.


Saturday, November 02, 2019

The show finds Emily Dickinson (Hailee Steinfeld) in the 1850s as she struggles to follow her dreams of becoming a poet at a time when female writers were frowned upon. Her father Edward (Toby Huss) sours at the idea of people in Massachusetts finding out she's a writer, afraid of the shame she'll bring to their family.

Only two people support her ambitious desires: George Gould (Samuel Farnsworth), a local literary magazine editor who also wants to marry Emily, and Sue Gilbert (Ella Hunt), her best friend turned secret lover. read more


Comments

- I'm looking at Cheney and Dubya, for resetting the fiscal sights of America from Surplusville to Debtsylvania.

"Then came the election of George W. Bush, the first president of the Party of the Rich.

Within months of taking office, Bush delivered a tax break to the rich that trumps anything he accomplished through the actual tax code. "The most important thing the Bush administration did in the whole area of taxes," says Johnston, "was to kill tax harmonization."

"Tax harmonization" was economic jargon for a joint project by the world's developed countries to shut down offshore tax havens in places like the Cayman Islands. At the time, such illicit havens were costing U.S. taxpayers $70 billion a year.

For Republicans, going after big-time tax evaders should have been as American as apple pie. As Reagan once said of such cheats: "When they do not pay their taxes, someone else does " you and me."

But for Bush and other leaders of the Party of the Rich, blocking corporations from hiding their money overseas wasn't an act of patriotism " it was tyranny.

Rep. Dick Armey, the GOP majority leader, railed against tax harmonization as an effort to create a "global network of tax police."

One of Bush's biggest donors, Enron, was using a network of nearly 900 offshore tax hideaways to pay no corporate taxes " while reporting massive profits that later turned out to be fraudulent. In one of his first acts as president, Bush "basically vetoed the initiative," says Stiglitz.

The veto spurred a cavalcade of corporations " including stalwart American firms like Stanley Works " to pursue phony "headquarters" in Bermuda and other lax-tax nations. The move not only encouraged some of the world's richest companies to avoid paying any U.S. taxes, it let them book overseas-"expenses" that qualified them for lucrative tax deductions.

In one of the most notorious cases, GE filed for a $3 billion tax rebate in 2009, despite boasting profits of more than $14 billion.

But Bush wasn't content to simply make the world safe for corporate tax evaders: He also pushed to deliver $1.6 trillion in tax cuts for the wealthiest individuals."

more at the RS link

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