Thursday, May 6, 2010
SOMETHING is brewing under Japan's Mount Fuji. Using rocks ejected by previous eruptions, between 781 AD and 1707, geologists are figuring out what the volcano's internal plumbing looks like.
A team led by Takayuki Kaneko at the University of Tokyo's Volcano Research Center has found that over the centuries the magma's silica levels have gradually increased. High silica tends to indicate large explosions, suggesting eruptions have become more violent. Large amounts of basalt rich in aluminium oxide were also found, which can trigger an eruption when it collides with silica.
I spoke to 50 CPAs on this yesterday morning. It is a huge burden and will change how audits are done in the future.
CNN: ObamaCare's Massive, Hidden Tax ChangeCNN, Health Care Law's Massive, Hidden Tax Change:
An all-but-overlooked provision of the health reform law is threatening to swamp U.S. businesses with a flood of new tax paperwork.
Section 9006 of the health care bill -- just a few lines buried in the 2,409-page document -- mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or corporation from which they buy more than $600 in goods or services in a tax year.
The stealth change radically alters the nature of 1099s and means businesses will have to issue millions of new tax documents each year.
Right now, the IRS Form 1099 is used to document income for individual workers other than wages and salaries. Freelancers receive them each year from their clients, and businesses issue them to the independent contractors they hire.
But under the new rules, if a freelance designer buys a new iMac from the Apple Store, they'll have to send Apple a 1099. A laundromat that buys soap each week from a local distributor will have to send the supplier a 1099 at the end of the year tallying up their purchases.
The bill makes two key changes to how 1099s are used. First, it expands their scope by using them to track payments not only for services but also for tangible goods. Plus, it requires that 1099s be issued not just to individuals, but also to corporations.
Taken together, the two seemingly small changes will require millions of additional forms to be sent out.
Want to guess if the Administrator/teachers lean right or left? Turns out it was the Mexican American Vice Principle who thought this shirt was disrespectful and incendiary. Don’t care if she is right or left, she should be fired.
Since when is displaying the American flag an 'incendiary' act? At one California high school, it's when the display takes place on a particular holiday — and it's not even an American holiday.
May 5, 1945: Japanese Balloon Bomb Kills 6 in Oregon
A Japanese balloon bomb kills six people in rural eastern Oregon. They are the only World War II U.S. combat casualties in the 48 states.
The situation in Athens, where Communist-led rioters are "protesting" Greece's plan to repay its debts, is getting seriously out of hand. Police are described as fighting "pitched battles" with leftists. At least three people were killed when left-wingers fire-bombed a bank. Here medics prepare to remove the body of a murdered woman from the bank:
This policeman was hit by a Molotov cocktail thrown by a leftist. I haven't seen a report on whether he survived:
Newsweek on Block as Era of the Newsweekly Fades By STEPHANIE CLIFFORDThe sale raises questions on whether a fragmented nation still looks to magazines to define the weekly conversation.
A compound in dark chocolate may protect the brain after a stroke by increasing cellular signals already known to shield nerve cells from damage, new research shows.
How Dark Chocolate May Guard Against Brain Injury from Stroke
ScienceDaily (May 5, 2010) — Researchers at Johns Hopkins have discovered that a compound in dark chocolate may protect the brain after a stroke by increasing cellular signals already known to shield nerve cells from damage.
Ninety minutes after feeding mice a single modest dose of epicatechin, a compound found naturally in dark chocolate, the scientists induced an ischemic stroke by essentially cutting off blood supply to the animals' brains. They found that the animals that had preventively ingested the epicatechin suffered significantly less brain damage than the ones that had not been given the compound.
Reporting on politics, “The Chicago Way.”
The Democratic nominee, Alexi Giannoulias has been under fire because of the failiure of Broadway Bank and his direct connection to it. Believe it or not, there are suspicions of corruption, incompetence and graft with regard to a Democrat in Chicago. Go figure!
Two weeks to set a fire? White water rafting? I at first thought O was geting a bum rap, but this is looking like the three stogies. BP seems to be the only entity that is moving on this.
Crews burn some of oil spill in calm Gulf waters...
ABCNEWS: While Slick Spread, Interior Dept Chief of Staff Rafted with Wife on Grand Canyon Trip ...
Feds gave BP pass on study...
Oil from Gulf spill may even 'reach Miami'...
A jolt hit Capitol Hill late Wednesday morning. Word came that House Appropriations Committee Chairman Dave Obey (D-WI) was retiring after 41 years in Congress. At first, no one could believe it was true.
Obey is arguably the fourth-most powerful figure on Capitol Hill. He heads the committee that determines how the government spends its money. A Congressional icon, only 18 other lawmakers have served longer in the House than Obey.
Students Wearing American Flag Shirts Sent Home on Cinco de Mayo... "They said we could wear it on any other day, but today is sensitive to Mexican Americans because it's supposed to be their holiday so we were not allowed to wear it today," Daniel Galli said.