And from around the globe, we have–ta-dah!–the following news items for today.
❖The rubber is finally meeting the road as elections draw nigh. A so-called “personhood bill”, defining life as beginning at conception (a favorite legislative tactic in the War on Women), has been halted in the OK legislature before going to the floor for a vote. “One GOP lawmaker said the personhood bill was killed because the State Chamber of Commerce instructed the GOP leadership to do so because the chamber didn’t want any negative national publicity.”
❖The good news: The EPA is going to require fracking operators to use “‘green completions’ that capture pollutants rather than releasing them into the air.” The bad news: The new rule will not take effect unto 2015. While some fracking operators are using “green completions”, at least at some of their wells, only two states, WY and CO, require that they do so. Presumably, many people in communities in other states where fracking is on-going will continue to suffer exposure to noxious emissions for almost three years, until the EPA’s regulations come into effect.
❖In Fort Worth, TX, home of the Barnett Shale, a City Councilman said the city “might require green completions on new wells” given the EPA action. At the same meeting, The Texas Commission on Environmental Quality said the “‘Barnett Shale emissions do not have much of an impact on the DFW area’s ozone’ because of prevailing wind patterns.” Hmmm. Wonder where the wind is sending those emissions and if the people there are aware. (This info is taken from the same article cited above.)
❖”The To’Hajiilee Navajo Chapter plans to establish a solar array farm on its trust lands, a flat stretch of prairie in central New Mexico where land preparation for the project is minimal, reported the Associated Press.” About nine months will be needed to construct the solar photovoltaic arrays, “the largest utility-scale photovoltaic arrays in the U.S. on tribal land.” Funding comes through the U.S. Department of Energy’s Tribal Energy Program.
❖A Minnesotan was highly surprised to find himself listed as CEO of Count Them All Properly, Inc., a GOP organization with almost $220,000 “in overdue legal fees from the 2010 gubernatorial recount.” He is fighting to get his name removed from all dealings with the group while “state regulators and a watchdog group are probing whether the company was created chiefly to keep debt off the books of the state Republican Party, which owes creditors $2 million, including recount debt.” The GOP also owes $111,000 in overdue rent for its St. Paul headquarters. And there’s more.
❖What to do when they’re trying to drive you down: Rise up! In response to GOP efforts, primarily through “Voter ID” laws, to disenfranchise groups of voters more likely to vote Democratic, volunteer organizations in WI, TN and CO are fighting back in very effective ways. Their successful efforts that others can adapt and implement in their own communities and other states are featured in this report made available by Common Cause, Fair Elections Legal Network, Lawyers’ Committee for Civil Rights Under the Law, and Demos.
❖Apple’s headquarters are in Cupertino, CA, but it has a small office in Reno, NV, which allows it to avoid “millions of dollars in taxes in California and 20 other states.” NV’s corporate tax rate, you see, is 0. Apple does the same thing internationally, with “subsidiaries in low-tax places like Ireland, the Netherlands, Luxembourg and the British Virgin Islands . . ..” This practice is by no means confined to Apple, which was used to illustrate “how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy.” Much more here.
❖”The U.S. Air Force is quietly assembling the world’s most powerful air-to-air fighting team at bases near Iran. Stealthy F-22 Raptors [. . .] active duty and Air National Guard F-15 Eagles” are being deployed. Apparently they have developed “special tactics for clearing the air of Iranian fighters in the event of war.” Meanwhile, there is “a growing naval armada that includes Navy carriers, submarines, cruisers and destroyers plus patrol boats and minesweepers . . ..”
❖”Unemployment [in Spain] is at a eurozone high of 24.4%, more than half of Spaniards under 25 years old are jobless, and Prime Minister Mariano Rajoy’s conservative government has introduced stinging austerity measures in its first five months in office.” What to do? “Tens of thousands” of people turned out in Barcelona, Bilbao, Valencia and other regional capitals to protest what is being done to them and their country. In response, PM Rajoy said he was handed a mess by the Socialist government which preceded him and “the least they could do now is to shut up.”
❖As we head into next week, there are some indications that such attempts to shift blame for a failed experiment, as Spanish PM Rajoy seems to have done, are replacing exhortations to buckle up under Austerity. Stay tuned.
❖Remember the $1.6b that went missing when Jon Corzine’s MF Global collapsed? Investigators say they have traced it: $1.05b was either withdrawn by clients or paid out to trading partners during the last week the firm existed, about $700m is in the firm’s UK subsidiary, $220m was “inadvertently” transferred from securities customers to commodities customers, and $680m went to other financial institutions, particularly JPMorgan. That information was given to the Senate Banking Committee by James Giddens who is presiding over liquidation of MF Global. Other investigations are being handled by Louis Freeh, the DOJ, SEC and CFTC. The upshot of all these investigations thus far? Giddens might file civil claims against some executives.
❖Nice synopsis, with appropriate quotes, of the entirely negative impact of the Reagan years on the economy.




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About FDL News Desk
On the I/P front…
Israeli prime minister explores early elections…
And this Time article truly spells it out…
…Calling for calm, he offered assurances that Israel is “a temperate state” that will make decisions “without hysteria.”
Diskin did not limit his criticism of Netanyahu to the Prime Minister’s Iran policy and, indeed, to a world that historically sees Israel through the prism of its conflict with the Palestinians, more damage may have been done by the ex-Shin Bet chief’s assessment of the peace process. Diskin, whose portfolio included keeping Israelis safe from terror, blamed Netanyahu for the lack of progress toward a peace deal, saying the Prime Minister’s right-wing coalition prevents anything more than rhetorical support for negotiating a two-state solution with Palestinian Authority president Mahmoud Abbas, also known as Abu Mazen.
“The state of Israel needs to aspire to a long-term arrangement on the basis of a two-state solution, with maximum security for the state of Israel in the long-term, but without any illusions about the finality of the conflict,” he said. “That is why I think that despite the fact that it is super complicated, every passing day makes the problem harder to solve. The fact that we’re not talking with the Palestinians—and guys, forget about all the stories they’re selling you in the media about how we want to talk but Abu Mazen doesn’t and so forth. I’m telling you, we’re not talking with the Palestinians because this government has no interest in talking with the Palestinians. I was there up until a year ago. I know from up close what is going on in that area. This government has no interest in talking with the Palestinians. It most certainly has no interest in resolving anything with the Palestinians. The prime minister knows that if he takes even the smallest step forward on this issue then the well-established rule of the prime minister in the State of Israel and his strong coalition will fall apart. It’s that simple. That is why no one here has any interest in resolving anything with the Palestinians, and that is the source of the Palestinians’ frustration—and incidentally, I’m not defending the Palestinians in the least. They have made their mistakes.”…
That dickhead Pastor Terry Jones, in Gainesville, actually burned copies of the Quran…! *gah*
Here’s one that just popped up, but I’m too intimidated by the software to try and insert it into the Roundup:
❖According to this article, “European allies are flocking to [Francois Hollande's] cause from left and right . . .. Not even Austria supports Germany’s austerity drive any longer.” Even Mario Draghi of the ECB is beginning to whistle a different tune, specifically that of developing a “Growth Compact”. The author fingers Sarkozy as key to the set-up: “. . . Sarkozy went along at every stage [. . . ] He sacrificed all for the illusion of Franco-German parity.” Article you shouldn’t miss.
Reality strikes. Seems we are getting a bit more of those lately than usual. How refreshing! Thnx.
“No such showdown is about to happen of course. Mr Hollande is an Enarque at heart, easily bidable. He may be fobbed off with a bigger role for the European Investment Bank. Italy’s Mario Monti is a true-believer in the European Project. He wants “targeted investments” to lift short-term demand, not revolution. The EU elites will try to muddle through. If policy is loosened enough, they may just succeed.”; not to dash your hopes, just clarifying.
Thnx, ubetchaiam. I’m heartened that people are beginning to reject the terrible weight of Austerity that has been placed upon them and their dissatisfaction is getting loud enough that it cannot be ignored.
Lebanon (the Daily Star)
“In a report released by HRW in March, the organization referred to a study it had conducted in 2008 which found that during the period examined there had been an average of
one death a week due to unnatural causes among domestic workers in Lebanon, including suicide and falls from tall buildings.
The statement also said that 200,000 domestic workers are employed in Lebanon, adding that they are primarily from Sri Lanka, Ethiopia, the Philippines and Nepal but that they are excluded from the country’s labor law.
In early February, Lebanon signed a memorandum of understanding with the Philippines to implement regulations governing the recruitment of Filipino domestic workers and their employment conditions in a bid to convince the Philippines to lift the ban it has imposed on its citizens working as domestic workers in Lebanon.
Read more: http://www.dailystar.com.lb/News/Local-News/2012/Apr-28/171752-anti-racism-movement-protests-treatment-of-migrant-domestic-workers.ashx#ixzz1tWSNgm3z
(The Daily Star :: Lebanon News :: http://www.dailystar.com.lb)
same thing occurs in other middle east countries. probably all of them.
also Lebanon daily star column by David Ignatius sometimes quoted by Dayen
more positive information:
“Columnist
A deal with Iran is possible, if no one muffs his lines
April 19, 2012 01:14 AM
By David Ignatius
The Daily Star
The mechanics of an eventual settlement are clear enough after Saturday’s first session in Istanbul: Iran would agree to stop enriching uranium to the 20 percent level, and would halt work at an underground facility near Qom built for higher enrichment. Iran would export its stockpile of highly enriched uranium for final processing to 20 percent, for use in medical isotopes.
In the language of these talks, the Iranians could describe their actions not as concessions to the West, but as “confidence-building” measures, aimed at demonstrating the seriousness of Supreme Leader Ali Khamenei’s public pledge in February not to commit the “grave sin” of building a nuclear weapon. And the West would describe its easing of sanctions not as a climb down, but as “reciprocity.”
The basic framework was set weeks ago, in an exchange of letters between the chief negotiators. Catherine Ashton, who represents the “P5+1” group of permanent United Nations Security Council members and Germany, proposed a “confidence-building exercise aimed at facilitating a constructive dialogue on the basis of reciprocity and a step-by-step approach.”
Read more: http://www.dailystar.com.lb/Opinion/Columnist/2012/Apr-19/170676-a-deal-with-iran-is-possible-if-no-one-muffs-his-lines.ashx#ixzz1tWUKhA8p
(The Daily Star :: Lebanon News :: http://www.dailystar.com.lb)
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I thought the problem with fracking was what’s released into the ground. Is the EPA doing anything about that?
Apologies, forgot to say thank you, fatster, for the interesting roundup of stories. Sorry for my ignorant question but I have a slow linkage to news sources, can only stare at an ad for JetBlue for so long. On the Navajo solar power array in my state, would suggest folk take in yesterday’s Book Salon to get the other side of renewables. A bit dispiriting that was, and I would appreciate more discussion on the topic at some point.
While I have questions, it is great to get the information to puzzle over, thanks!
Yes. EPA is helping to create more earthquakes by allowing Fracking. So far, 50 Earthquakes!
And Fracking earthquakes occur all over the world.
The horrors of that can wreck a city and be more than a country’s resources can handle. Think Christchurch, New Zealand. It wasn’t fracking that caused the problem there, but I did see reference to agribusiness and underground extraction of water which has the same destabilizing effect if the conditions are ripe for it. Something was going on in the Canterbury Plains that had a devastating ripple effect economically speaking.
Of course, then you can apply the Shock Doctrine, so it is generally win-win. (snark)
fatster -
i hadn’t seen this column before. how long have you been writing it?
i think it’s great your talents are being widely shared thru this very useful column.
Thanks, orionATL. I’m just trying to help out a bit, filling in while DDay is on a well-deserved vacation.
Thanks for the round up, fatster. Interesting as always.
I read the article yesterday about Apple & other corps doing tax avoidance strategies by setting up office “headquarters” in low/no tax havens like Nevada, etc. The specious “claim” is that they *have to do this* to remain “competitive,” which is a load of bull hockey.
Not to mention that NV is going down the tubes due to the lack of appropriate taxation of corporations, like Apple, who use this ruse. NV long relied on the casinos to rake in the buckeroo$ to run the state. Casino gambling has been down for quite some time, and the state is reeling from the lack of revenue. Of course, we hear little about that, but there’s been somewhat of a migration of NV residents to CA bc there’s no jobs.
Of course, Steve JOBS hadda have ever more money for *himself* just because. FoxConn in China anyone??
I was very pleased to see that article about the Navajo solar project, too, including that there are federal funds available for such innovations. Thanks so much for your response. My daily collection of news items is rather eclectic, I guess, but you gotta consider the source.
Indeed, IMO, this never “seems” to decrease the price of the product or services provided nor generate dividends to stockholders. It DOES generate huge bonuses abd perks for executives. Funny how that works out.
@fatster, my compliments too.
$14 for a LaCoste shirt is not bad.
Yes, exactly. Thanks for pointing that out.
The corps *claim* that IF they don’t rip off US taxpayers by NOT paying their fair share, why then we 99%er serfs’ll just have to cough it up at the cash register. Well, frankly, I think I’d rather see prices rise for *stuff* and let the people who buy it pay more. Then we can collect some taxes to use for other “stuff,” like improving our infrastructure.
But you’re also correct that the shareholders – who are also *alleged* to be “forcing” the “reluctant” CEO to seek tax havens – rarely see better dividends, etc, because of these practices.
No, the “rewards” of ripping off the 99% nearly all goes to higher paychecks & bigger stock options for the 1%ers at the top, per usual.
The phrase staying competitive is just terminology for the 1% meaning: I got MINE, EFF you!
Appreciate your kind remark, onitgoes.
And newcarguy @ 19, too!