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Oh noes! Private corporations are going to have to pay.

That's the conclusion reached by this poster on Daily Kos after reviewing the implications of the "The Patient Protection and Affordable Care Act" (now Public Law 111-148).

As explained by this article, the Form 1099 reporting requirement will leave companies "nowhere to hide" when it comes to their requirement to pay taxes they’re legally required to pay. State auditors will walk into audits knowing upfront exactly how much companies have sold in their state. They'll be able to collect back sales taxes and be able to figure out whether the corporation making the sales there should have been filing income tax returns.

Since this accounting stuff is way beyond my ken, I'll let the poster share his perspective:

The heedless Governor of headless Arizonans

Meet Jan Brewer on the stump.

The Deprivators are Stressed.

Have been for a while. Remember the "stress test"? Let's refresh our memories.

Wells Fargo Assails TARP, Calls Stress Test ‘Asinine’ (Update2)
By Ari Levy - March 16, 2009 16:12 EDT

March 16 (Bloomberg) -- Wells Fargo & Co. Chairman Richard Kovacevich criticized the U.S. for retroactively adding curbs to the Troubled Asset Relief Program, which he said forced the bank to cut its dividend, and called the administration’s plan for stress-testing banks “asinine.”

5-10% of our babies eat shit before they are born.

As Dr. Greene explains, that's not necessarily bad. After all, it's their own shit and, like our urine, sterile to boot.

Most babies pass the first meconium stool in the first 12 hours after birth....
If a baby passes a meconium stool before birth, the amniotic fluid is stained and the baby is covered with meconium....The baby is also likely to swallow the meconium, which sounds disgusting but doesn't present a problem. The sterile meconium does not predispose to urinary tract infections, but meconium can cause significant problems if it is inhaled into the lungs.

This is called meconium aspiration.

And it's now referred to as a syndrome. As the Johns Hopkins Children's Center web site explains:

What is Meconium Aspiration Syndrome?

Remnants of Katrina

On the fifth anniversary of hurricane Katrina, President Barack Obama visited New Orleans.  It's very possible that he's unaware that our own Congresswoman Carol Shea-Porter was moved to attempt a run for Congress as a direct result of witnessing the incompetent federal response to that disaster.  Having gone to New Orleans to volunteer in the immediate recovery effort, she soon realized that a more radical long-term commitment to good government for "the rest of us" was needed.  And New Hampshire agreed by retiring the rather clueless Jeb Bradley and hiring Carol, the enthusiastic insurgent.

The President's remarks at Xavier University follow:

It is wonderful to be back in New Orleans, and it is a great honor --

    AUDIENCE MEMBER:  We love you!

    AUDIENCE MEMBER:  We can’t see you!

EU banker bonuses held in check by Parliament

The European Parliament has voted 625-28 in support of capping EU banker bonuses, a sign that economic crisis is nevertheless firmly in mind. The degree to which banking employees can draw large pensions was also addressed by the vote. Associated Press reports indicate that any such short-term cash bonuses within the next year will be subject to the decision. It's a move the European Union hopes the rest of the world will follow in kind.

Source for this article: EU banker bonuses capped by European Parliament by Personal Money Store

Bonus advances can be closely monitored by EU

Morning thoughts, before I forget.

The Republican goal is to deprive us of our peace of mind. They agitate for agitation's sake and to distract from their more nefarious plots.

If "cleanliness is next to godliness," deprivation is the obverse, longer lasting and with less mess.

Republicans rely on the law to shield their caprice. Lady Justice would not approve is their mantra.

When we refer to our agents of government, the people who run our public corporations, we should also make reference to the agents of private corporations, whose contribution to the public welfare is considerably less and, ipso facto, more easily dispensed with. The notion that private corporations are somehow superior needs to be debunked.

Private corporations are definitely junior to our public ones. Some have gotten too big for their britches.

Private versus public: A struggle to the death?

It's long been rather obvious that there's a considerable population in the United States that's opposed to public anything:

public education
public transportation
public officials
public housing
public health care
public service
public information
public utilities
public television

In some instances, Public Service of New Hampshire is an example, the word has to be arrogated by a private corporation to give it a gloss of acceptability. Which may actually explain why, despite various bankruptcies and acquisitions, PSNH has held on to its name.

In the event, PSNH is a private corporation, a reality that's not highlighted overly much about our "private sector" even as "privatization" has now been touted for several decades as "superior." "Superior to what?" is also not a question that's often asked.

Who's Got the Money?

USA Today reports that non-financial corporations are holding on to $837 billion in cash instead of hiring or investing in new plant.

Non-financial companies in the Standard & Poor's 500 have a record $837 billion in cash, S&P says. That's enough to pay 2.4 million people $70,000-a-year salaries for five years. For context, 2.2 million to 2.8 million jobs were saved or created by the $862 billion stimulus that President Obama signed into law in February 2009, according to a report released in April from the Council of Economic Advisers.

Another myth exposed. Our risk-taking entrepreneurs are actually rabbits hiding in the shadows. That makes them safe from predators who respond to motion, but not those that can sniff them out.

On citizenship.

this Colbert segment is too good to pass up.

The Colbert ReportMon - Thurs 11:30pm / 10:30cCitizenship Down - Akhil Amarwww.colbertnation.comColbert Report Full Episodes2010 ElectionFox News

Found on the road

Echoes of Miami-Dade 2000

Coming out of Albany, New York via an election campaign for a judge on the Albany County Surrogate Court where Democrats are resorting to guilt by association charges to supplant a sitting judge, Cathryn M. Doyle.

On the conservative approach to public service.

Public service is what business failures do for penance -- and to lay the ground-work for future success. Perhaps the biggest American myth is the legend of "free enterprise." American commerce and industry have always relied on government support to give them an advantage, starting with the charters and land grants handed out by European royals.

The Mystique of Money

The object for the financial class is to get their “cut” of the taxes our public corporations collect. They have a need to intercept the flow of currency from the public purse to the public treasury and out again. That’s the “trickle” they’re concerned about. The preferred point at which this capture of taxes occurs is called “dividends on bonds.” The bonded debt is the financial gravy train and the engineer of this train is the Federal Reserve.

Double Dippers

Why does our Treasury issue currency to the Federal Reserve Banks to distribute to their cronies and then borrow it back at interest to pay for necessary public services and obligations?

The conservative equation.

To maintain their historical privilege, our wanna-be rulers have devised a system in which

public cost + private benefit = transfer of wealth from the many to the few.

Their primary tool is the law. The expropriation of public assets occurs under the cover of law. We the people consent to be governed in exchange for having our assets managed (by our agents) for the general welfare. That is the social contract. Individual rights are to be balanced by social obligations.

But what if the social obligations aren't carried out. What recourse do we have, other than to dismiss our agents? Can the transfer of wealth to the few be reversed? Can the actions of suborned agents be undone? The parable of the unjust steward in the Bible suggests not.

Insurance. Is it a gigantic scam?

Sometimes events move so fast that they leave even predictions in the dust, or at least our interest in them. That seems to be what happened to an insightful article on hurricanes that was published by Miller-McCune in their May 3, 2010 edition. The significance of hurricane hunters' visits to the back-waters' of the Alabama/Florida Gulf coasts has been totally overshadowed by the possible effects of oil gushing into the waters of the Gulf of Mexico and fouling the beaches, marshes and bayous we normally expect to buffer us from the effect of hurricanes.
However, that's OK with me. I'm not that interested in whether hurricanes can be predicted far in advance, anyway. And the insurance industry, I suspect, doesn't care much for reliable information either. At least, that's what I take away from some of the data buried in Jim Morrison's report.

His opening sets the stage nicely:

Bugs in the Water.

About twenty-five years ago, the environmental engineers working for Gainesville Regional Utilities' Kanapaha Wastewater Treatment Plant in Alachua County, Florida, made a serendipitous discovery while monitoring the plant effluent being injected into the drinking water aquifer. Some fifteen hundred feet underground, the water, which had been "treated" to drinking water standards by the plant, to comply with state regulations, had, according to the data they compiled, undergone what they referred to as "polishing." Something was consuming the allowable contaminants in drinking water as it traveled through the porous limestone. In other words, there was biological activity going on in the dark where no living things, presumably, exist.

Since then biota have not only been discovered living around the volcanic vents deep in the Pacific Ocean, but microbes have actually been put to work in what is called bioremediation. A story in Miller-McCune provides the particulars.

Dirt is not the same as waste.

Waste is what irresponsible men create; what people who refuse to clean up after themselves leave behind.

Dirt is what Mother Nature provides to sustain life on earth. If we waste it, man's ability to sustain himself is jeopardized.

Torture here, torture there, torture everywhere.

Major media outlets are reporting on a follow-up finding by a group of physicians that the participants and supporters of enhanced interrogation techniques (aka torture) practiced on detainees were both unethical and potentially prosecutable as war criminals. But, nobody's saying by whom. The Physicians for Human Rights report recommends:

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