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Corporate Deserters?

Posted by Michelle Moquin on July 24th, 2014

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Good morning!

So they get to be corporations again to gain a tax advantage. If they are people, they shouldn’t be able to gain tax free status by moving their address overseas. People who are citizens of the U.S. can’t do that. Where are those five S.T.A.R.K., who said corps are people now?

On the one hand, the corporation gets to tell you what you can get from your doctor as a person (Hobby Lobby) , but on the other hand they don’t have to pay their fair share of taxes as a person. Nice, real nice if you have the paid for support for it.

You can’t have it both ways, but of course the Supreme Court is allowing them to do it. Legislating from the bench at its best.

 

From Think Progress:

The Progress Report Banner

Corporate Deserters?

Some Corporations Are Moving Addresses Overseas To Dodge Paying Fair Share Of U.S. Taxes

walgreens

We talk a lot about the grave problem of inequality and how our economy is not working for most Americans. One of the causes of this big problem is that corporations and the wealthiest are taking advantage of the system, exploiting tax loopholes, and rigging the game to benefit themselves, often at the expense of everyone else. The latest tax-dodging tactic that some corporations are considering using is a perfect example of this rigged system–and demonstrates why we need our legislators to take decisive action to stop it.

What Is The Problem?
A loophole in the tax code essentially allows a corporation to renounce its corporate citizenship in the United States, move its address overseas by merging with a foreign company, and dodge its U.S tax obligations by paying most of its taxes to a foreign government with lower tax rates than the U.S. The process takes place primarily on paper — most corporate operations remain here. The corporations that do this want all the benefits of being an American company without paying their fair share of taxes. That makes the rest of us pick up the tab.

The practice has become known as “inversion.” But what it really amounts to is desertion. And it could cost Americans tens of billions of dollars.

Who Is Taking Advantage?
There are 47 firms in the last decade that have exploited this loophole, according to new data compiled by the nonpartisan Congressional Research Service. But it’s a hot topic again because at least a dozen U.S. firms are currently considering taking advantage of it.

One of those corporations is Walgreen. The company has always prided itself on being America’s go-to pharmacy: from 1993 to 2006, it had the slogans “The Pharmacy America Trusts” and “The Brand America Trusts.” A biography of the company is entitled, “America’s Corner Store: Walgreen’s Prescription For Success.” Walgreen chief executive Gregory D. Wasson has said the company is “proud of our Illinois heritage.”

At the same time, Walgreen is currently considering merging with European drugstore chain Alliance Boots and move to Switzerland as part of a plan to dodge up to $4 billion in U.S taxes. The company that gets almost a quarter of its $72 billion in revenue directly from the government through Medicare and Medicaid is trying to reap even more profits while leaving taxpayers holding the bag.

Walgreen isn’t the only one. Pfizer, the pharmaceutical company, tried merging with the smaller U.K.-based AstraZeneca earlier this year and switch its address, where the tax rate is lower. It was estimated the move would save them at least $1 billion a year in tax obligations to the U.S. (the deal ultimately didn’t go through). Medtronic, a medical device company, plans to move its corporate address to Ireland, a tax haven, to avoid paying U.S. taxes on $14 billion. Chiquita, the banana distributor, is also heading to Ireland after acquiring Fyffes. These tax dodges, as Fortune magazine calls them in this week’s issue, are “positively un-American.”

What Can Be Done?
President Barack Obama’s 2015 budget proposes making these corporate desertions more difficult by raising the minimum levels of foreign ownership required to 50 percent (currently it is just 20 percent), which means that U.S. corporations could not move their address abroad unless they actually ceded a controlling interest to foreign owners. Congressional Democrats have made similar proposals. Treasury Secretary Jack Lew recently called for more “economic patriotism” and urged Congress to “enact legislation immediately” to close the loophole. Leaders on both sides of the aisle want comprehensive tax reform, but finding common ground in the current Congress could take a while. The simple fact is that as more and more companies exploit this loophole, a solution for this problem is needed right away–and Congress has the power the solve it.

BOTTOM LINE: More and more corporations are taking advantage of a tax loophole that helps their bottom line while costing American taxpayers billions every year. These companies want to continue to take advantage of the things that make the U.S. the best place in the world to do business, while at the same time pay less than their fair share by moving their corporate addresses overseas. That desertion is unfair, unpatriotic, and has got to change.

*****

Readers: What’s up? Blog me.

Justin: Unless people wake up and start paying attention to what is happening, instead of just accepting what the repubs are doing to Obamacare and everything else that Obama is for in order to destroy our country, we are screwed. Don’t be surprised if they do try and arrest Obama. Impeachment is on their minds and in the plan.

Mike, TM: Speaking of the Constitution, I would like it to be changed too. I want us to get the House back so that we can change the Constitution and have these old S.T.A.R.K men on term limits, and limit how many judges can be appointed by one president. Again, this country is pretty much screwed if  B.A.P.F.  S.T.A.R.K remains in power. Because you’re so right…there is nothing sacred to S.T.A.R.K. or the repubs for that matter.

Robert: Well said. Less lives lost because of drones. And less boots on the ground and bodies in bags.

Frank: Nice write. It’s rarely that I address someone who has tried or is trying to get into my panties, but since you are an old school chum, I couldn’t resist. What I don’t understand is why you don’t reveal your true self. You have quite a way with words, so I have a inkling of who you might be. But I promise to keep it a secret. I have a feeling it is not me you don’t want to reveal yourself to….and that perhaps it is the other school chums you prefer not know you’re reading my blog. I know I’m right considering your second comment, although I think you’re busted. So much for the “Frank” Moniker. :)

Anonymous: Are we showing a little green? (That’s a nod to you Kevin) Or do you just feel the need to speak for me?

Oh…Frank, yes, you again: To whatever is NEVER going to happen again…Who said it ever happened.

Oh such fun…feels like old times.

Thomas: Not much more but a girl can keep HOPEing.

Eli: :) You are right about that – I’m off to see a client and then to catch some rays. But these days, as much as I love the sun, this girl’s enjoying it under a hat and some good cover.

Happy Thursday! Blog me.

Peace out. 

Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.

Gratefully your blog host,

michelle

Aka BABE: We all know what this means by now :)

If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)

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Michelle Moquin PO Box 29235 San Francisco, Ca. 94129

Thank you for your loyal support!

All content on this site are property of Michelle Moquin © copyright 2008-2014

“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream 

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Posted in Political Powwow | 3 Comments »

GOP’s bogus slam of Obama over MH17

Posted by Michelle Moquin on July 23rd, 2014


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Good morning!

From CNN: 

GOP’s bogus slam of Obama over MH17

Editor’s note: LZ Granderson is a CNN contributor, a senior writer for ESPN and a lecturer at Northwestern University. He is a former Hechinger Institute fellow and his commentary has been recognized by the Online News Association, the National Association of Black Journalists and the National Lesbian and Gay Journalists Association. Follow him on Twitter @locs_n_laughs. The opinions expressed in this commentary are solely those of the author.

(CNN) – Kudos to MSNBC’s Joe Scarborough for owning up to “my boneheaded error” (his words) when last week he claimed—in a slam of President Obama—that President Reagan cut his vacation short and “immediately went back to the White House” after the Soviet Union mistakenly shot down a Korean Air flight in 1983.

The facts, of course, are nothing like that, and we will get to that in a moment.

Scarborough is not the only Republican figurehead using a rewrite of Reagan history to attack the President, who opted not to cancel fundraising events the day Malaysia Airlilnes Flight 17 was shot down by the Ukrainian rebels. Hosts on Fox News also did some editing to the Reagan narrative. And this past weekend on CNN’s State of the Union, House Homeland Security Committee Chair Michael McCaul said Reagan “rallied the world community” with his remarks on the 1983 disaster, without mentioning that half a week had gone by before he delivered them.

Opinion: Who will speak for the MH17 victims?

It is true that, given Putin’s involvement with supplying the rebels with weapons and the United States’ frosty relationship with Russia, the post-crash optics were not good for President Obama. And Obama supporters may blame all his administration’s troubles on Republican obstructionism and some veiled racism, but the White House’s inability to get ahead of the message has also contributed to his dismal 42% job approval rating. (P.S. Obama, next time, just visit the border.)

But Reagan as a role model? Not if you look at the facts: Not only did President Reagan not rush back to Washington after the Korean Air disaster, but, according to his press secretary, he went horseback riding later that same day. In fact, Reagan had to be coerced by his inner circle to cut short what had already been a 25-day vacation in California. He did not deliver his much talked about speech in which he condemned the Soviet Union for its actions until four days later.

The fact is that Scarborough’s error is no error at all; it emerged from an airbrushed history that reflects a persistent viewpoint: For many Republicans, President Reagan did no wrong.

As a result, Obama’s missteps, real or not, are magnified, distorted. It’s like comparing an attractive woman to a Photoshopped image of a model. In this case, the model who has been nipped, tucked and repackaged is the Gipper.

Consider for example, in 1982, two years after Reagan took office, the unemployment rate soared to 9.7%, the highest since the Great Depression. It was 9.6% in 1983, the year of his 25-day vacation. In January of that year, his approval rating was 35%. In case you were wondering, Obama’s lowest was 40%.

Considering how often Obama is criticized for his more than 140 rounds of golf, I don’t think I need to tell you what would be said about him if he had taken a month off while the country was dealing with the highest unemployment rate in more than 40 years. Or if he was approaching anywhere near the 436 vacation daysReagan tallied in his two terms.

In fact, Reagan once joked, “It’s true hard work never killed anyone, but I figure why take the chance?” I can’t imagine President Obama, who Republicans openly call lazy, getting away with that.

I don’t love President Reagan, but I don’t hate him either.

Opinion: Putin’s big blunder

As with everyone else who has held that office, there are things you can point to that Reagan did exceptionally well and things I’m sure he would have liked to have done over. There were blemishes: Iran-Contra and a HUD scandal in which millions of federal dollars were criminally funneled to big contributors to Republican campaigns, including Reagan’s. And Reagan failed to publicly address the AIDS crisis until May 1987, six years after the first cases had appeared. Thousands died on his watch.

Reagan never balanced the budget. He raised taxes. In fact, he signed the biggest peacetime tax increase in history. We can debate why and compare his rationale with that of Obama’s, but to pretend he didn’t do it is ludicrous.

We become better by learning from mistakes. But first we must acknowledge they exist, which is why the continual lionization of Reagan does the country a disservice. Rewriting and sugarcoating his history may provide this current brand of Republicans with a feel-good narrative, and regular, ready-made ways to slam the current President, but it doesn’t help us learn from the past.

This week President Obama is scheduled to sign an executive orderprohibiting federal contractors from discriminating against LGBT employees. Some may be surprised, but Reagan himself denounced employment discrimination against gays and lesbians more than 30 years ago while governor of California.

This is all part of his legacy as well.

Scarborough made a boneheaded error. But the biggest error many Republicans like him make is scrubbing away Reagan’s errors just so they can throw mud at Obama. It turns their admiration for the Gipper’s “character” into worship of a caricature.

*****

Blog me.

Peace Baby. 

Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.

Gratefully your blog host,

michelle

Aka BABE: We all know what this means by now :)

If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)

Or if you would like to send a check via snail mail, please make checks payable to “Michelle Moquin”, and send to:

Michelle Moquin PO Box 29235 San Francisco, Ca. 94129

Thank you for your loyal support!

All content on this site are property of Michelle Moquin © copyright 2008-2014

“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream 

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Posted in Political Powwow | 25 Comments »

Israel Finds Hamas Are No Longer Amateur Fighters

Posted by Michelle Moquin on July 22nd, 2014

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Good morning!

The latest from CNN.

Israel finds Hamas are no longer amateur fighters

Gaza City (CNN) – Israel’s ground incursion into Gaza, which it says is intended to destroy Palestinian militants’ tunnels and stop rocket fire into Gaza, has entered its fifth day with the death toll mounting on both sides and U.S. Secretary of State John Kerry arriving in Egypt. CNN’s Ben Wedeman, a veteran Middle East correspondent, puts the incursion into perspective.

How does this incursion compare to previous ones by Israel into Gaza, in terms of military force?

Unlike 2008/09, this incursion seems to be focused on areas with high concentrations of people, initially focusing on the Gaza City neighborhood of Shaja’ia. In ’08/09 the focus was on areas where rockets were being fired, which were typically away from highly populated communities.

And of course at this stage, it’s unclear how many Palestinian casualties there have been in these locations. The people have been warned by the Israelis to leave these areas with phone messages, but while many have left, a significant proportion has stayed behind.

My impression is that Israel has mobilized a much larger military force than in 2008/09 and in 2012. This is part of the picture of the Israelis going into heavily populated areas — which is a much more dangerous operation, as can be seen by the deaths of at least 13 Israeli soldiers on Sunday.

Is Israel likely to achieve its objective of destroying the tunnels, and stopping the rocket strikes?

So far, Israel hasn’t been wildly successful in its stated mission. Since this started, Hamas has been using tunnels in an attempt to ambush and capture soldiers and continues to fire rockets at Israel, although the number fired has gone down. What we see is that as Israel’s capabilities have changed, so have Hamas’. Whenever Israel comes up with new tactics, Hamas and other factions seem to find new ways to counter them, such as by using longer-range rockets to fire at Israel, for example.

What is significant now is that Hamas fighters appear to be better trained, with a new set of skills that I don’t think Israel anticipated. One Israeli soldier who came out of Shaja’ia was quoted in an Israeli publication that Hamas is fighting like Hezbollah, which waged a successful guerrilla war against Israel’s occupation in the 1980s and 1990s, and inflicted high casualties on Israeli forces during the 2006 war between Hezbollah and Israel in Lebanon.

The last serious street fighting I saw in Gaza was in early 2008, and it was almost like it was “amateur hour,” with fighters in Gaza parading around with their weapons but not really able to stop the Israeli forces. Now it appears they’ve learned they must keep a much lower profile. They’ve developed what could be called commando tactics, and are taking full advantage of their knowledge of their turf.

How long do you believe this incursion will last? How soon before it realistically is better described as a war?

This is now a war, in my modest opinion — it’s gone beyond a mere incursion. Hamas shows no sign of backing down, and didn’t jump at Egypt’s cease-fire proposal. They want to show that they’re a military force to be reckoned with, and are in it for the long run.

Israel’s defense minister said it would take two or three days to destroy the tunnels. If this crisis is to end soon, Israel will have to pull back and Hamas needs to stop firing rockets. In Hamas’ opinion, they have achieved one of their objectives, which is to give Israel a bloody nose.

They claim to have captured an Israeli soldier — as yet this is unconfirmed — but if true, it would be a huge feather in their cap, in their own terms. When Israeli soldier Gilad Shalit was captured by Hamas in a June 2006 raid near the Israel-Gaza border, it took five years before he was freed, in exchange for more than 1,000 Palestinian prisoners — so, if true, this will be a huge bargaining chip for Hamas.

Will the death toll already suffered by Israel have a serious impact on public opinion in Israel?

Israelis are used to this sort of death toll from Hezbollah, but not from Hamas. I was on the streets of Gaza on Sunday night, when Palestinians celebrated the claims that an Israeli soldier had been captured.

Shortly afterwards, the guns on Israeli navy boats opened up. The immediate conclusion of everyone in the street was that this was Israel’s response to the capture of one of its soldiers.

How much effect will the pressure/condemnation from the United Nations (and in the off-mic remarks from U.S. Secretary of State John Kerry) have?

I believe the U.N. remarks will have no effect in Gaza. There is a perception there that the U.N. “talks but doesn’t walk” — it’s toothless in other words. Hamas realizes it has few friends in the outside world.

The remarks of the White House last week though will not go down well in Israel, I believe. And the comments of John Kerry on Sunday — which left some wondering whether he was criticizing Israeli assurances that its ground offensive in Gaza would be limited — indicate American patience may be wearing thin. After one of his deputies mentioned the latest number of Palestinian casualties, Kerry was heard to say, “It’s a hell of a pinpoint operation.”

It is estimated that 70% of the more than 500 Palestinians killed in Israel’s assault have been civilians. Washington has tied itself to Israel, and that country’s right to self-defense, therefore the U.S. is going to feel some responsibility. Americans support Israel rhetorically, but this high Palestinian death toll is very problematic for the U.S. This is why Kerry may be feeling uncomfortable — he spent almost a year trying to forge a Mideast peace deal, and what’s he got to show for it now?

*****

Blog me.

Darrel: I suppose you are correct. I’m just frustrated and angry that this is happening so much and not much is being done about it. And the thugs that act this way know that, so they basically get away with it. What about the recent where the man was killed after the cop held him in a chokehold (an illegal maneuver)? The man being choked repeatedly said, “Can’t breathe.” When does it stop? Thanks for commenting.

Steve: I was wondering how long it would be before I was called a man hater again. I’m not surprised when the tiny-dicked men get riled up and say that I am a man hater, because they can’t deal with their own inadequacies.

Let me say it again and perhaps it will seep into your thick head..I don’t hate men, I only hate the things that men do. It is the men that are abusive, raping and murdering women for doing nothing…for just being women…it is the men that hate women not because of anything we do, but just because we are women. If men didn’t do the horrific things they do to women, I wouldn’t have any reason to hate…Period.

PS With respect to your silly comment, about why women make less, read Trish’s comment…I think she’s onto something that probably applies to you.

Peace out. 

Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.

Gratefully your blog host,

michelle

Aka BABE: We all know what this means by now :)

If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)

Or if you would like to send a check via snail mail, please make checks payable to “Michelle Moquin”, and send to:

Michelle Moquin PO Box 29235 San Francisco, Ca. 94129

Thank you for your loyal support!

All content on this site are property of Michelle Moquin © copyright 2008-2014

“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream 

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Posted in Political Powwow, Travel | 69 Comments »

Money Matters

Posted by Michelle Moquin on July 21st, 2014

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Good morning!

I HOPE I didn’t already post this. It has been in my queue for quite some time, so my guess is, I have been seeing it so much that I feel like I already posted it. I searched but couldn’t find it, so if I did…oops, here it is again.

From Think Progress:

A Woman With Perfect Grades Is Worth The Same As A Man With A 2.0 Average

college students

CREDIT: SHUTTERSTOCK

It may seem like high school grades don’t mean anything later in life, but a new report finds that high school grade point average (GPA) is a strong predictor of income in adulthood.

That doesn’t play out evenly, though. The team of University of Miami researchers found that a one-point increase in GPA means a 12 percent boost in earnings for men and a 14 percent boost for women. Even so, there’s a big gender gap in total earnings. A woman who got a 4.0 GPA in high school will only be worth about as much, income-wise, as a man who got a 2.0. A woman with a 2.0 average will make about as much as a man with a 0 GPA.

GPA Earnings Chart-600x310

The data also show that average high school GPAs are significantly higher for women, but men will still end up having significantly higher income later on.

It also found that high school grades can indicate the likelihood of going to college, and that a one-point increase doubles the chances of completing a degree for both genders.

The finding that even the highest achieving female students can’t close the gender wage gap is true for higher education as well. A woman who is one credential ahead of a man will always be worth less in terms of income: a woman with an associate’s degree makes less than a man with a vocational degree, a woman with a bachelor’s makes less than a man with an associate’s, and a woman with an advanced degree makes less than a man with a bachelor’s. Even among recent college graduates with the same grades, majors, and career fields, men will make more in their first jobs.

While many factors go into the gender wage gap that means women who work full-time, year-round make 77 percent of what their male peers make, educational attainment clearly can’t explain it. In fact, when all factors are taken into account, about40 percent of it remains unexplained. It’s likely discrimination is playing at least some role in that remaining portion.

****

Readers: What do you want to say today? Blog me.

Iraina: Thanks for speaking up on what you know. Between you and what Howie inquired about from your comments, it certainly answers many questions.

If you don’t mind me saying, your mafioso boyfriend and his clan are misogynistic dogs. But I know you know that. With a comment like that to you, and those kind of actions from him and his friends toward women, his words of “I love you” don’t mean shit. I suggest you start dipping into those millions if you can, get out, and save yourself before you become one of those forced prostitutes, if not worse off. I HOPE for your safety.

Howie: I HOPE Israel heeds your warnings this time, and your information will inspire positive action, warding off doomsday.

Carol: This was in my queue to post, and you beat me to it. No pun intended. Just another sick example of tiny penis thugs with badges, on the loose.  What I don’t understand is why no one ran out and stopped the thug from beating on her. If you have time to film it, you have time to do something. Perhaps if she only got punched 10 times or less instead of 15 she might be in less critical condition. At what point do you stop filming or watching and get out to help? After she’s pronounced brain dead? I am livid that no one came to her defense sooner. Especially because these days a cop caught on film beating up on someone doesn’t necessarily mean he is going to go to jail or even getting fired. So why not intervene and save the woman before the cop has the chance to do real damage.

Prism Princess: Thanks for posting. Sweet voice. I HOPE some day her wishes will some true. How are you?

Sonja: Nicely stated. I agree with so much of what you brought up which is why I posted the write. You just clarified what I didn’t think needed to be said, but evidently did, considering some of the comments posted.

Casey: I am so sorry you had to go through that at such a young age with no support to help you through. Hell, women are raped all over the world at all ages with no support. It is horrific. But I can’t imagine what you went through, and how much courage you needed to do what you did. Thank for sharing what no doubt other women have had to endure too. My best to you.

Mina: Happy to hear that our resident Hero Anonz has been helping the girls of Mexico. I’m sorry for what you and the other girls have been through, and relieved that you are getting some training. Obviously it has served you well. Sending you and the girls my best, and wishing Anonz continued strength and safety.

Happy Monday! 

Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.

Gratefully your blog host,

michelle

Aka BABE: We all know what this means by now :)

If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)

Or if you would like to send a check via snail mail, please make checks payable to “Michelle Moquin”, and send to:

Michelle Moquin PO Box 29235 San Francisco, Ca. 94129

Thank you for your loyal support!

All content on this site are property of Michelle Moquin © copyright 2008-2014

“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream 

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Posted in Human Rights and Equality | 25 Comments »

Just Noticing: “Observations of a Blogger”

Posted by Michelle Moquin on July 20th, 2014

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Good morning!

Just noticing…

Americans Have Spent Enough Money On A Broken Plane To Buy Every Homeless Person A Mansion

An F-35 Joint Strike Fighter in its natural habitat: on the ground

An F-35 Joint Strike Fighter in its natural habitat: the ground

CREDIT: AP PHOTO/LOCKHEED MARTIN

Just days before its international debut at an airshow in the United Kingdom, the entire fleet of the Pentagon’s next generation fighter plane — known as the F-35 II Lightning, or the Joint Strike Fighter — has been grounded, highlighting just what a boondoggle the project has been. With the vast amounts spent so far on the aircraft, the United States could have worked wonders, including providing every homeless person in the U.S. a $600,000 home.

It’s hard to argue against the need to modernize aircraft used to defend the country and counter enemies overseas, especially if you’re a politician. But the Joint Strike Fighter program has been a mess almost since its inception, with massive cost overruns leading to its current acquisition price-tag of $398.6 billion — an increase of $7.4 billion since last year. That breaks down to costing about $49 billion per year since work began in 2006 and the project is seven years behind schedule. Over its life-cycle, estimated at about 55 years, operating and maintaining the F-35 fleet will cost the U.S. a little over $1 trillion. By contrast, the entirety of the Manhattan Project — which created the nuclear bomb from scratch — cost about $55 billion in today’s dollars.

“The political armor of the F-35 is as thick as the heads of the people who designed the airplane and its acquisition plan,” Winslow Wheeler, a former congressional staffer and outspoken critic of the F-35, recently told Foreign Policy about the longevity of the plane, despite the many setbacks it has endured. The support for the F-35 is so great in Congress that there’s actual a bipartisan Joint Strike Fighter Caucusdedicated to promoting it and keeping it alive. With that in mind, here are just a few of the other things that the insane amount spent on the troubled fighter could have gone towards instead, both at home and abroad:

Buying Every Homeless Person In The U.S. A Mansion

On any given night in 2013, the Department of Housing and Urban Development concluded, there were an estimated 600,000 homeless Americans living on the streets. Numerous studies, however, have showed that rather than putting money into temporary shelters or incarceration, communities have saved millions of dollars by investing in permanent homes for the homeless. A recent report showed that in one Florida community, it cost taxpayers an estimated $30,000 to take the homeless off the streets through traditional methods, but only around $10,000 per person to give them permanent housing and provide job training and other support. Expanding that concept to the Federal level, even taking into account things like varying real estate prices around the country, it’s possible that $7.4 billion would be more than enough to start a program nationwide. With the full amount spent on the F-35 at its disposal, the U.S. could afford to purchase every person on the streets a $664,000 home.

Unilaterally Funding Every Humanitarian Crisis

Overall, the United States less than one percent of its federal budget to foreign assistance. The State Department and USAID in Fiscal Year 2014 set aside about $31.1 billion in foreign aid funding, according to ForeignAssistance.gov. This includes $4.5 billion devoted towards funding the U.S. response to humanitarian crises around the world, including those in Syria, Iraq, South Sudan, and others. Millions of refugees and internally displaced people in these conflicts are struggling to survive, as the United Nations reports that each of these emergencies remain chronically underfunded. This year alone, the U.N. Office of Coordination for Humanitarian Affairs (UNOCHA) has raised only 35 percent of the funds it needs. In contrast, the $49 billion per year spent on the F-35 would singlehandedly fund not just UNOCHA’s $16.7 billion request, but also those of UNICEF and other emergency disaster relief bodies, saving countless lives.

In addition, U.N. officials want the situation at the U.S.’ southern border to be classified as a refugee crisis as well, as most of the thousands of children currently being detained fled their homes to escape a myriad number of life-threatening conditions. The Obama administration has requested $3.7 billion from Congress in emergency spending to help staunch the flow and provide for those who have already made it to the United States, but Republicans already appear to be lining up against the proposal. The F-35′s increased cost from last year alone would have easily covered that amount and then some.

Feeding Every Schoolchild In The Country

Earlier this year, President Obama signed into law an compromise version of the Farm Bill after months of deadlock saw the expiration of the former version. As part of the deal, House Republicans demanded huge cuts to the Supplemental Nutrition Assistance Program (SNAP), former known as food stamps, backing down only after a veto threat from the White House. The final bill, however, still included $8.7 billion worth of cuts, equaling about a $90 per month cut for recipients. The F-35′s excess costs for the last year by themselves could have nearly covered all of the losses, prevent state governors from having to scramble to provide families with the assistance they need.

As a backup when food subsidies are cut, low-income families often find themselves turning towards schools to provide meals during the day for their children. The National School Lunch Program feeds approximately 31 million students every year, at the cost of about $16.3 billion in both cash and commodity payments. The full cost of the plane so far would have funded this program as it stands for 24 years. If the amount being dispersed to schools was doubled, allowing the program to reach all 55 million students enrolled in K-12, the F-35 still would be able to cover that for the next decade.

Providing Security Around The World

Under the weighted system used to determine dues, the U.S. pays the lion’s share of funding to the United Nations’ 16 peacekeeping missions around the world. For the coming fiscal year, that works out to about $2.4 billion. That’s quite a bargain, as then-U.S. ambassador to the U.N. Susan Rice argued in 2009, telling PBS: “If the US was to act on its own – unilaterally – and deploy its own forces in many of these countries; for every dollar that the US would spend, the UN can accomplish the Mission for twelve cents.” Given how cost effective blue helmets are at providing security in areas where conflict has just ended, it would behoove the U.S. to grant even more support to the system. Additional funds would provide better arms and equipment, as well as better training, as the number of peacekeepers required around the world increases. The amount the U.S. has spent on the F-35 could have funded this year’s level of peacekeeping — a record-high $8.6 billion — for the next 46 years.

Boosting Funding Needed To Rebuild America

The United States is falling apart. A lack of funding for bridges, roads, and other infrastructure has led to collapses across the country and the more than 63,000 bridges that have been labeled as “structurally deficient.” The Department of Transportation’s total budget request for next year is $90.1 billion, part of a four-year budget of $302.1 billion with $199 billion set aside to rebuild America’s roads and bridges. Obama has for the last two years called for a $50 billion lump sum to be added to the on top of DOT’s budget to help address the growing need, and twice Congress has rejected this proposal. If the U.S. were to have channeled the $298 billion is has spent so far on the F-35 — and continued spending at that level for the next six years — the U.S. would be halfway towards closing the $1.1 trillion gap in investment needed in infrastructure, according to the American Society of Civil Engineers. In addition, a report from the Center for American Progress, citing Moody’s Analytic’s chief economist, estimates infrastructure investment generates $1.44 of economic activity for each $1 spent. That sort of claim can’t be duplicated in the spending on the F-35.

Along with the United States, seven other countries have committed to purchasing F-35 fighters from Lockheed Martin once they’re completed, which is helping diffuse the costs for the American taxpayer. But these partners are growing increasingly wary of the aircraft’s ballooning price. Australia recently announced that it was scaling back its purchase, as has the Netherlands. Those concerns will likely only be compounded by the current grounding of the fleet. And so, though the British Air Force intended to have the fighter in service a full two years ago, the only place you’ll be able to see the F-35 in action for now remains on the big screen — where its successes have been about equal to those in real life.

*****

Readers: Living in California and especially the Bay Area, I wouldn’t exactly call a $600K home a mansion. But on the other hand, to a homeless person living anywhere in the U.S., it would be. Regardless, I get the point. And obviously housing isn’t the only thing that could be bought with those billions spent on a plane that’s broken. I could certainly think of a few more things too.

What about you – what would you spend it on? You know where to leave your comments. Blog me.

Peace out. 

Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.

Gratefully your blog host,

michelle

Aka BABE: We all know what this means by now :)

If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)

Or if you would like to send a check via snail mail, please make checks payable to “Michelle Moquin”, and send to:

Michelle Moquin PO Box 29235 San Francisco, Ca. 94129

Thank you for your loyal support!

All content on this site are property of Michelle Moquin © copyright 2008-2014

“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream 

" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"

Posted in Health & Well Being, Just noticing: Observations of a blogger, Political Powwow | 48 Comments »