I just found out the United States levies no tax on U.S. firms overseas earnings s long as those profits remain overseas. Let me get this straight, our government encourages U.S. companies to hire cheap labor overseas by not taxing them for doing it and we wonder why so many Americans are out of work.
On top of that the IRS allows companies that move factories abroad to deduct from their taxable income the cost of closing down U.S. factories.
Last fall Democrats in the Senate attemped to close those loopholes and create incentives to repatriate profits and jobs, but pro-business Republicans blocked their proposal. By the way the off shore strategy is working fine for employers and stock holders. In the 3rd quarter of 2010 U.S. corporate profits hit an all time high of $1,659 trillion, despite an unemployment rate of 9 percent. The greed of a few is working to destroy the morale of many.
Foreclosing on Soldiers
Morgan Stanley, the 6th largest U.S. bank by assets and other lenders are being investigated by the justice department for over charging soldiers and foreclosing on their homes without court orders.
Let me get this straight. We send our men and women off to war and then foreclose on their mortgages. You can't make this stuff up.
Monday, March 21, 2011
Thursday, March 3, 2011
Seattle Sports Talk
The fun is gone from sports talk radio in Seattle. You either get two guys bragging about how drunk they were in college or a really serious discussion of a .237 hitter making 2 million a year.
The most clever guy on 710 ESPN Seattle Chris Cashman is gone. Was he too funny? Did the humor go over the head of whoever the program director is? Seattle has had it's challenges on the field in recent years and now we've added to it by sucking the imagination and humor out of sports talk shows.
We do have some well prepared, professional men and women on 710 ESPN and KJR and I congratulate them for trying to make their shows informative and interesting. But there's still way too much of a frat boy mentality on the air and frankly it's the lowest and easiest form of humor there is.
Brock and Salk mix serious discussions of sports topics with interviews pretty well. They are obviously well prepared and not afraid to voice an opinion that might be unpopular with their listeners and each other.
Elise Woodward is the only woman in a hosting role on local radio and ranks very high in my book for informative interviews and well founded opinions.
Dave "Softie" Mahler on KJR comes closest to the "east coast" style of talk radio I'm used to. He's passionate, loud, tough on some callers and would work well in other markets around the country.
Kevin Calabro on 710 ESPN should be doing NBA games full time or maybe Mariner broadcasts next season. One of the best play-by-play men in the country should not be wasting his time or mine by doing talk radio.
As for everyone else, I wish them well. Talk radio is not an easy job. If it were easy everyone would be good at it.
My own general talk show on 710 am lasted only nine months in 2005. I refuse to defer the blame for that one. I will never point fingers, especially at the jerks who fired me.
The most clever guy on 710 ESPN Seattle Chris Cashman is gone. Was he too funny? Did the humor go over the head of whoever the program director is? Seattle has had it's challenges on the field in recent years and now we've added to it by sucking the imagination and humor out of sports talk shows.
We do have some well prepared, professional men and women on 710 ESPN and KJR and I congratulate them for trying to make their shows informative and interesting. But there's still way too much of a frat boy mentality on the air and frankly it's the lowest and easiest form of humor there is.
Brock and Salk mix serious discussions of sports topics with interviews pretty well. They are obviously well prepared and not afraid to voice an opinion that might be unpopular with their listeners and each other.
Elise Woodward is the only woman in a hosting role on local radio and ranks very high in my book for informative interviews and well founded opinions.
Dave "Softie" Mahler on KJR comes closest to the "east coast" style of talk radio I'm used to. He's passionate, loud, tough on some callers and would work well in other markets around the country.
Kevin Calabro on 710 ESPN should be doing NBA games full time or maybe Mariner broadcasts next season. One of the best play-by-play men in the country should not be wasting his time or mine by doing talk radio.
As for everyone else, I wish them well. Talk radio is not an easy job. If it were easy everyone would be good at it.
My own general talk show on 710 am lasted only nine months in 2005. I refuse to defer the blame for that one. I will never point fingers, especially at the jerks who fired me.
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