Thursday, May 6, 2010

FCC Not So Cool Retro and Techno-Utopia ...From Paris


Under normal circumstances, I'm a big fan of retro. Retro clothing. Retro design. Retro thought. I've always thought Retro was 'cool'. For me, retro meant a return to what was lovely and unvarnished; simple and classic.
Today, I listened to Phil Kerpen of "Americans For Prosperity", while on my sticky-humid-hot late spring drive home. Phil detailed his thoughts on a retro option that the FCC is considering: "The FCC Chairman announced today that his agency will regulate the Internet by re-classifying it as a 'telephone system.'
How clever.
By re-classifying the Internet as a telephone system, the FCC will circumvent Congress and the legitimate policy making process.
Phil's take? "This is a nuclear attack on the free market." Phil stated that it appeared to him that the Government was trying to implement a 'techno-utopia' by controlling thought.
To read more, check out Americans For Prosperity and look for Phil.

Good

AP

Virginia military court finds Navy SEAL not guilty on all charges of abusing a suspected terrorist in Iraq last year.

England renounces the Left


FLASH: UK EXIT POLL SHOWS HUNG PARLIAMENT, WITH DAVID CAMERON AT 305 SEATS, LEADING BIGGEST PARTY; BROWN LABOUR 255 SEATS; CLEGG 61...

Rumbles hint that Mount Fuji is getting angry

What's going on below? (Image: Japan Stock/Alamy)

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 Change
CNN, 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.

Lawyers learn the law of supply and demand.

WSJ Chart

This is scary. Billions of $ on “b” instead of an “m”?

DOW FALLS ALMOST 1,000, THEN REBOUNDS...
VIDEO OF DRAMA...
CNBC: HUMAN ERROR IN TRADING CAUSED PLUNGE... TRADER PUSHED 'B' INSTEAD OF 'M'?
DID SOMEONE HACK THE SYSTEM?
REPORT: BAD TRADE TRACED TO CITI...

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.

Old Navy

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.

Japan’s last attack on the US, 65 years ago

May 5, 1945: Japanese Balloon Bomb Kills 6 in Oregon

screen-shot-2010-05-03-at-24422-pm

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.

Read More http://www.wired.com/thisdayintech/2010/05/0505japanese-balloon-kills-oregon#ixzz0n9rabAgt

ObamaCare in action

 

More Violence from the Left, this time Greece

Violent Leftists Rampaging In Athens

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:

r4161021651.jpg

This policeman was hit by a Molotov cocktail thrown by a leftist. I haven't seen a report on whether he survived:

r229913162.jpg

The information age in turmoil

Evidence continues of changing patterns in the ways Americans want news, gather their news, listen or read their news.

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.

Political Cartoon by Michael Ramirez

Chocolate to the rescue!

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.

Flooding in Tenn

 

It's official: Tennessee flooding is destroying the heart of America. This picture was taken on Highway 7 near Columbia. A word of caution — whatever you do, do not go in there.

Hard to understand why CBS ratings are down so far.

Reporting on politics, “The Chicago Way.”

AUDIO: CBS Chicago Affiliate Won't Cover GOP Candidate If He Continues to Hammer Dem Opponent on Bank Scandal...

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!

Could time be right for TIMEWARNERCBSNEWS to partner?

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'...

Another Dem Victim of Obama?

Dave Obey and the Debacle of Second Base.


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.

More on the Islamics.

IntelCenter/Orkut.com

Investigators give increased credence to links between Times Square suspect Faisal Shahzad and the Pakistan Taliban, possibly marking a major shift in jihadi strategy.

What is wrong with our teachers?

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.


Cinco De Mayo Melee in Long Island...

NativeAmerican:Day by Day Cartoon