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Friday, Jul 04th

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As Companies Seek Tax Deals, Governments Pay High Price

Corporate tax dealsA Times investigation has examined and tallied thousands of local incentives granted nationwide and has found that states, counties and cities are giving up more than $80 billion each year to companies. The beneficiaries come from virtually every corner of the corporate world, encompassing oil and coal conglomerates, technology and entertainment companies, banks and big-box retail chains.

The cost of the awards is certainly far higher. A full accounting, The Times discovered, is not possible because the incentives are granted by thousands of government agencies and officials, and many do not know the value of all their awards. Nor do they know if the money was worth it because they rarely track how many jobs are created. Even where officials do track incentives, they acknowledge that it is impossible to know whether the jobs would have been created without the aid.

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Australia smokers given plain packs

plain cigarette packagingAustralia has become the first country in the world to introduce plain packaging for cigarettes. From now, all tobacco company logos and colours will be banned from packets.

They have been replaced by a dreary, uniform, green/brown, colour accompanied by a raft of anti-smoking messages and photographs. The only concession to the tobacco companies is their name and the name of the brand variant in small print at the bottom of the box.

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Alex Baer: Transmogrifiers Only Need Apply

transmogrifierAnyone halfway intelligent and alert can pay attention to current events, put the pieces together for themselves, thereby triggering hundreds of emotional responses ranging from idle, bemused concerned to stark terror and utter fear.

It may be that anyone who is completely, fully intelligent never dwells in the vast middle, but operates only at either end of the spectrum -- either completely tuned out and disinterested, or wealthy as all-get out, and out buying their own reality, somewhere pleasant.

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Associated Press Publishes Ridiculous Fake "Evidence" of Iranian Nuke Program

Iran hoaxTwo physics experts  say a document obtained by the  Associated Press  on Tuesday, which the news organization said “suggests” that Iran is “working on” a nuclear weapon, contains a “massive error” and might be a “hoax.”

The AP’s publication of the document generated headlines on Tuesday because the graph, according to the AP, showed that Iran was running “computer simulations for a nuclear weapon that would produce more than triple the explosive force of the World War II bomb that destroyed Hiroshima.”

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Bradley Manning: a tale of liberty lost in America

Bradley ManningThe US does nothing to punish those guilty of war crimes or Wall Street fraud, yet demonises the whistleblower.

Over the past two and a half years, all of which he has spent in a military prison, much has been said about Bradley Manning, but nothing has been heard from him. That changed on Thursday, when the 23-year-old US army private accused of leaking classified documents to WikiLeaks testified at his court martial proceeding about the conditions of his detention.

The oppressive, borderline-torturous measures to which he was subjected, including prolonged solitary confinement and forced nudity, have been known for some time. A formal UN investigation denounced those conditions as "cruel and inhuman". President Obama's state department spokesman, retired air force colonel PJ Crowley, resigned after publicly condemning Manning's treatment. A prison psychologist testified this week that Manning's conditions were more damaging than those found on death row, or at Guantánamo Bay.

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GOP lawmakers try to supress fracking study

Kathleen SibeliusA group of GOP House energy leaders advised Health and Human Services Secretary Kathleen Sebelius to exercise caution in a possible study on the health impacts of natural-gas drilling.

The Centers for Disease Control and Prevention is considering examining a potential link between hydraulic fracturing, or fracking, and drinking water contamination.

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Possible generator tampering found at San Onofre nuclear plant

San Onofre nuclear plantOperators of the San Onofre nuclear power plant say someone may have tampered with an emergency generator but there's no danger because both reactors at the Southern California plant are shut down.

The Orange County Register ( http://bit.ly/U5Cfjs ) says the operator, Southern California Edison, announced Thursday that coolant was found in the oil system of the Unit 3 backup diesel generator.

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Prairie2: We are warm blooded, we are legion

DinosaurSome people on the left are alarmed that Treasury Sec Timothy Geithner is leading negotiations to deal with the Fiscal Cliff (or the Fiscal Bunny Slope) being held between the Obama administration and the Congress. Okay, he wouldn't be my pick, but he does have the expertise and the staff to deal with it.

Let's clear up a couple of things, Geithner never worked for a Wall Street bank. He was Governor of the NY Fed, which is largely responsible for riding herd on the the Wall Street banks, but that business was completely out of control before he got the job.

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Deadly 'superbugs' invade U.S. health care facilities

CRE superbugUSA Today's research shows there have been thousands of CRE cases throughout the country in recent years -- they show up as everything from pneumonia to intestinal and urinary tract infections. Yet even larger outbreaks like the UVA episode, in which seven patients also died, have received little or no national attention until now.

The bacteria's ability to defeat even the most potent antibiotics has conjured fears of illnesses that can't be stopped. Death rates among patients with CRE infections can be about 40%, far worse than other, better-known health care infections such as MRSA or C-Diff, which have plagued hospitals and nursing homes for decades. And there are growing concerns that CRE could make its way beyond health facilities and into the general community.

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