Yesterday I managed to keep up to date with replying to comments and returning visits in addition to visiting a few more blogs. I cooked a spicy stir-fry for the fourth and shared it with a less fortunate neighbor. I must have been quite tired, because I fell asleep (without my CPAP torture device) early and slept right through the fireworks show seven blocks away. Today I have some volunteer work catch-up to do, but should at least stay current.
Jig-Zone Puzzle:
Today it took me 4:06. To do it, click here. How did you do?
Short Take: (It’s a slow day for news.)
From Think Progress: Transocean, the company that owns the failed Deepwater Horizon rig that caused the Gulf oil spill, used well-known tax havens in the Cayman Islands and Switzerland to lower its U.S. corporate tax rate by almost 15 points. And due to a break in the U.S. tax code, BP was also allowed to write off the rent it paid to Transocean on its own tax bill, saving it hundreds of thousands of dollars per day.
It’s not just the oil criminals. The amount we spend in corporate welfare swamps the so-callen entitlements. To even talk about cutting entitlements, before all socialism for the rich is eliminated is obscene.
Cartoon: from Cagle.com
It’s not an OGIM Monday!
3 Responses to “Open Thread – 7/5/2010”
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Yet we can find $30B for the war in Afghanistan but not $30B for the people who are unemployed. That’s seriously f’ed up.
If we were to eliminate all the corporate welfare (including taxing US companies with overseas subsidiaries), there would be no deficit. But we can’t have that, can we?
We would no longer have the best Congress money can buy.