February really is the cruelest month because, on top of all this snow, one is forced to start contemplating death, or at least filling out one's taxes. (The distinction was always lost on us.) You might be left scratching your head, and wishing you had a better accountant, when you hear how Facebook is getting hundreds of millions in a tax refund this year.
Thanks to a statement from Citizens for Tax Justice, Bloomberg Businessweek's Peter Coy brought an interesting little nugget of information from Facebook's public filing to our attention. Because of the way Facebook treats stock options distributed to investors and employees instead of cash compensation on its balance sheets, the company is able to claim paying a tax liability worth hundreds of millions of dollars when the reality is they're getting paid:
Facebook Is Getting a $429 Million Tax Refund This Year
The lonely soldier and the moral scars of war
Veterans of Iraq and Afghanistan find little ethical defence in the 'just war'. Each of us struggles to make peace with our actions.
In trying to understand the ongoing suicide epidemic among soldiers and veterans a third factor in addition to physical injuries and PTSD is now being discussed: the moral injuries they bring back.
Israel ex-foreign minister Avigdor Lieberman on trial
The trial of Israel's former foreign minister, Avigdor Lieberman, on charges of fraud and breach of trust has begun in Jerusalem.
The charges relate to his alleged involvement in the promotion of Israel's former ambassador to Belarus. Mr Lieberman, who stepped down after the charges were filed in January, pleaded not guilty on all counts.
He heads the Yisrael Beitenu party, which ran on a list with Likud to win last month's elections narrowly.
Leaked papers of the pope depict a broken Vatican
Guests at the going-away party for Carlo Maria Viganò couldn’t understand why the archbishop looked so forlorn. Pope Benedict XVI had appointed Viganò ambassador to the United States, a plum post where he would settle into a stately mansion on Massachusetts Avenue, across the street from the vice president’s residence.
“He went through the ordeal making it very clear he was unhappy with it,” said one former ambassador to the Vatican, who attended the Vatican Gardens ceremony in the late summer of 2011. “And we just couldn’t figure out, us outsiders and non-Italians, what was going on.”
In US, big strides in reducing domestic violence
A bruised cheek. A broken bone. Verbal battering. A window shattered in an effort to intimidate. The rate of such violence or abuse between husband and wife – or any two intimate partners – has been on the wane in America, falling by a stunning 64 percent between 1994 and 2010.
That finding, from a recent report by the US Department of Justice on intimate partner violence (IPV), parallels the overall drop in violent crime during that period. Many in the field cite a broad shift in attitudes that began in the 1980s and '90s, crediting public awareness campaigns, national legislation protecting victims, and subsequent training of police and prosecutors to recognize intimate partner violence as a crime, rather than as a private matter.
How your personal data can be classified as 'terrorist information'
"Only a CT (counter-terrorism) analyst can determine whether data constitutes terrorism information," the electronic training course for new National Counterterrorism Center analysts states. "There is no requirement that the analyst's wisdom be rock solid or infallible."
Fracking, Health and Our Chemical History
In 1929, the Monsanto company introduced a new class of chemicals, polychlorinated biphenyls (PCBs), substances that would revolutionize electronics. Seven years later, several workers at the Halowax Corporation in New York who worked with PCBs fell ill, and three died of severe liver failure. By the mid-1930's, officials Monsanto and General Electric (GE), which was one of the leading licensees of the technology, knew about the potential health effects of PCBs. Soon more studies linked PCB exposures to cancer, developmental problems, and damage to the immune, reproductive, nervous and endocrine systems.
But the corporations continued their production and use of PCBs for decades. Finally, the chemicals were banned by Congress (the only such specific chemical ban ever enacted) in 1976. By then, GE had dumped an estimated 1.3 million pounds of PCBs into the Hudson River, making areas of the River the country's largest "Superfund" contamination zone, threatening the health and environment for millions of New Yorkers to this day. Millions more Americans are threatened today by other failures to assess and avoid the health problems caused by chemical-dependent technologies.
The Vatican's New Chief Banker Has Financial Ties to Warships
With controversy already surrounding Pope Benedict XVI's surprise retirement announcement from earlier this week, another scandal is brewing in Vatican City. Vatican officials have long maintained that no church money goes to funding war, but today they scrambled to address concerns over their newly appointed bank president, who has business ties to a warship builder.
The pope approved German lawyer Ernst von Freyberg to head the Vatican bank (officially known as the Institute for the Works of Religion) today, according to a Reuters report. The appointment could be Benedict's last major decision before he retires at the end of the month, and Catholics are counting on von Freyberg to rehabilitate the tarnished image of a bank beset by last year's money laundering scandals. The bank has been without a president since Ettore Gotti Tedeschi's ouster in May 2012.
Israeli government 'to compensate family of Prisoner X'
The Israeli government has reportedly offered to pay hundreds of thousands of pounds in compensation to the family of "Prisoner X" – an agent of the Mossad with Australian and Israeli citizenship who took his own life while secretly imprisoned for undisclosed "grave charges".
An unnamed source was quoted in the Haaretz newspaper claiming a compensation deal was agreed six weeks ago following the conclusion of an official inquiry into the death of Ben Zygier, who was imprisoned in 2010 under a false identity and who killed himself in Unit 15, a "secret prison" within Ayalon jail near Tel Aviv.
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