Exxon Mobil Per Second: $1,400 in Profits, But It Pays $4,000 in Taxes, $15,000 in Operating Costs (1)
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Mark J. Perry (110)
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CARPE DIEM (110)
1 day, 22 hours
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Obama thinks government is not getting a "reasonable share" of oil companies' profits, which in 2007 were, as a percentage of revenue (8.3%), below those of U.S. manufacturing generally (8.9 %). Exxon Mobil pays almost as much in corporate taxes to various governments as the bottom 50% of American earners pay in income taxes. Exxon Mobil does make $1,400 a second in profits -- hear the sharp intakes of breath from liberals with pursed lips ...
UK Band Admits It's 'Utterly Dependent' On Piracy (6)
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Michael Masnick (1853)
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Techdirt (2187)
1 day, 23 hours
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At some point, it won't make sense to post these sorts of examples any more because it will just be common sense that bands can and do benefit from so-called "piracy," but every time we post one of these stories, we get people complaining that this couldn't possibly work for others. When a band is big, then it will never work for small artists. When they're small, it'll never work for big artists. Once we ...
Exceptionally good article on the pro-abortion politician issue (1)
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Fr. John Zuhlsdorf (14)
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What Does The Prayer Really Say? (14)
2 days, 4 hours
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This excellent piece from the gentlemanly Sandro Magister of Chiesa deserves your close attention. My emphases and comments. Obama’s Pick for Vice President Is Catholic. But the Bishops Deny Him Communion The reason is that Biden is a staunch abortion supporter. The archbishop of Denver says that he should refrain from presenting himself for communion. From Rome, Archbishop Burke is backing his stance. And in 2004, Ratzinger wrote to the American bishops… by Sandro Magister ...
The "towering stud muffin of charisma" (2)
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2 days, 4 hours
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Want some pre-emptive Biden-bashing, from the best convention journalist in the business? Send Dave Barry!8:04 - The convention floor erupts as the big TV screen shows . . . OMIGOD . . . JOE BIDEN! He's HERE! The transformation of Joe Biden is one of the best story lines at this convention. A week ago, people would sprint from the room when Joe entered for fear he would start a sentence that might not end ...
L.A. Times columnist misuses Jesuit Murray to defend Senator Biden (1)
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Carl Olson (2)
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Insight Scoop | The Ignatius Press Blog (2)
2 days, 4 hours
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Tim Rutten has worked for the Los Angeles Times for thirty years. Along the way he has made known his irrational and rather unhinged dislike for those who would dare to criticize prominent Catholic politicians who support abortion. And in his most recent column, "The Catholic Choice" (August 27, 2008), he attempts to come to the defense of Senator Joe Biden by using—or, I am convinced, misusing—some quotes from the writings of John Courtney Murray, ...
The Power Grid Can't Handle Wind Farms (15)
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samzenpus (707)
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Slashdot (10410)
2 days, 7 hours
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DesScorp writes "The Times reports on the problems of adding wind farms to the power grid. Because of the grid's old design, it can't handle the various spikes that wind farms sometimes have, and there's no efficient way to currently move massive amounts of that power from one section of the country to the other. Further complicating things is the fact that under current laws, power grid regulation is a state matter, and the Federal ...
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Glenn Batuyong said:
"...The dirty little secret of clean energy is that while generating it is easier, moving it to market is not..."
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Eric said:
So let's get off our asses and build the transmission grid. Not that hard, just takes a goddamned leader.
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Maarek Stele said:
What?! Unexpected complications and costs to a new Green initiative? Impossible!
The Uncool Animal Farm Bill (Cato-at-liberty) (3)
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Daniel Ikenson (4)
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Cato-at-liberty (129)
2 days, 9 hours
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Congress believes some Americans are more equal than others. How else could it have passed (by overwhelming margins and over a presidential veto) the 2008 Farm Bill, which amounts to about a $7 billion annual transfer from the pockets of American taxpayers to high-on-the-hog agribusinesses? To leave no doubt that these “farmers” are the exalted class, Congress included a truly Orwellian set of requirements referred to euphemistically as “Country-of-Origin Labeling” (COOL) for agricultural products like ...
Do We Need a National CTO? (4)
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Timothy Lee (102)
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Techdirt (2187)
2 days, 10 hours
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The 463 blog points us to an interview with Mitch Kapor of Lotus and EFF fame, in which he makes the case for a national Chief Technology Officer. The idea seems to be that technology policy in the United States is currently fragmented among a bunch of different positions, and having a designated top technologist in the government would help to bring coherence to the nation's technology policy. It sounds like a reasonable idea at ...
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Rizzn said:
This is exactly what I said on Elite Tech News as well as my article the previous week on the topic. I was called a Libertarian retard, I believe. Let's see if Tim Lee gets the same treatment.
Drunk Cop Gets Only Two Days in Jail for Assault (1)
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Trevor Bothwell (6)
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who's your nanny? (8)
2 days, 12 hours
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St. Mary's County (Md.) sheriff's deputy David Goff, who was found guilty of DWI and assault after beating Shane Weasenforth while making an off-duty arrest last spring, was sentenced to only two days in jail. Goff waived his right to appeal, leaving him with no criminal record, but what's most outrageous in this entire affair is that he's still drawing a taxpayer-provided paycheck while on vacation suspension and awaiting a hearing that will decide his ...
Microsoft releases IE8 Beta 2 to the masses (2)
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Links for 8/27/08 (1)
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2 days, 14 hours
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In case you’re worried about him, Ted Stevens won his primary Brass balls award: Seattle Councilman pays fine for ethics violation with city funds Challenge to cutting world carbon: China’s power emissions to increase by 1/3 this year New EU regulation bans cake consumption at baking contests. Seriously. In Canada, at least, some positive steps toward food deregulation “Capitalism is a wonderful thing; but it shouldn’t apply to health care.” This apparently includes medical marijuana. ...
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Maarek Stele said:
"New EU regulation bans cake consumption at baking contests. Seriously"Dear God, help these people.
Which is Worse--Bird Flu or the Government's Reaction to Bird Flu? (1)
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2 days, 14 hours
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Lest we forget, the H5N1 bird flu virus is still lurking out in the world. One day it may hit the right combination of genetic changes to transform itself into a pandemic disease in humans. Humans may be especially vulnerable because we have never developed immunity to the hemagglutinin 5 gene (H5). So what to do? Making a new vaccine targeted at controlling the H5N1 virus would be really helpful. One problem--who's going to put ...
The Perfect Political Speech (by Don Boudreaux) (2)
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Don Boudreaux (155)
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Cafe Hayek (207)
2 days, 16 hours
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David Allan Coe's 1975 song "You Never Even Called Me By My Name" ends with Coe telling his live audience the following: WELL, A FRIEND OF MINE NAMED STEVE GOODMAN WROTE THAT SONG AND HE TOLD ME IT WAS THE PERFECT COUNTRY & WESTERN SONGI WROTE HIM BACK A LETTER AND I TOLD HIM IT WAS NOT THE PERFECT COUNTRY & WESTERN SONG BECAUSE HE HADN’T SAID ANYTHING AT ALL ABOUT MAMA, OR TRAINS OR ...
New at Reason: Jacob Sullum on Lowering the Drinking Age (1)
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