
life on the road with punk funk trio Doco as told by bassist Josh Booth
New York is being overrun by time travelers. I’m pretty sure the band that played after us was an actual New Wave band on tour from the 1980s. There is a ban on smoking in public parks, but the time travelers are the only people who can afford cigarettes anyway.
We took the Williamsburg Bridge over to Brooklyn with Charlie, a New Zealand wine maker from the future, to Erin’s party in a new building that’s in default and under construction. We met the new neighbor who moved out the next day. Full story »
Imagine corporations telling you they want to create American jobs in exchange for a tax break. Thanks to a compliant Congress, they get a cheap rate on billions of dollars of profits — and cut thousands of American jobs instead. (Pfizer and Hewlett-Packard come to mind.)
After the turn of the century, hundreds of multinationals, such as Pfizer and H-P, nominally headquartered in the United States had a problem. They had about $300 billion in profits parked overseas. They wanted to bring that money home — a process artfully called repatriation of funds.
Their opponent was the U.S. tax code: To repatriate profits, the code said they’d have to pay 35 cents on every dollar brought home. So they sweet-talked (that’s called lobbying) their friends in Congress (their hired elected minions) to fix the problem. Their congressional chums were glad to help out by lowering the tax bite to 5 cents for every dollar brought home. The lobbying effort was a good investment: For every buck the corporations spent, they got $220 back.
Full story »
Second in a series.
[See update to the conclusion below]
In February, 2010, Pennyslviania State University (PSU) cleared Michael Mann of three allegations of research misconduct (and cleared him of the fourth in July 2010). In response, Senator James Inhofe (R-OK), Ranking member of the Senate Environment and Public Works Committee wrote a letter in February, 2010, to the National Science Foundation’s Office of Inspector General (OIG) asking them to conduct their own, independent investigation of Professor Michael Mann. Inhofe requested two specific things – that the OIG look into supposed research misconduct according to the NSF’s definition instead of PSU’s, and that the NSF determine whether or not Mann had violated the Freedom of Information Act (FOIA), information quality guidelines, the Federal False Claims Act, and/or the Federal False Statements Act.
On August 15, 2011, the OIG closed the investigation after concluding that there was no specific evidence that Mann had violated any of the rules, regulations, or laws Inhofe asked about. Full story »