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Saturday, Jul 06th

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Inquiry on Tax Strategy Adds to Scrutiny of Finance Firms Including Bain Capital

Baon Capital inquiryThe New York attorney general is investigating whether some of the nation’s biggest private equity firms have abused a tax strategy in order to slice hundreds of millions of dollars from their tax bills, according to executives with direct knowledge of the inquiry.

The attorney general, Eric T. Schneiderman, has in recent weeks subpoenaed more than a dozen firms seeking documents that would reveal whether they converted certain management fees collected from their investors into fund investments, which are taxed at a far lower rate than ordinary income.

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What about Israel’s nuclear weapons?

Dimona nuclear plantReaders periodically ask me some variation on this question: “Why does the press follow every jot and tittle of Iran’s nuclear program, but we never see any stories about Israel’s nuclear weapons capability?”

It’s a fair question. Going back 10 years into Post archives, I could not find any in-depth reporting on Israeli nuclear capabilities, although national security writer Walter Pincus has touched on it many times in his articles and columns.

I spoke with several experts in the nuclear and nonproliferation fields , and they say that the lack of reporting on Israel’s nuclear weapons is real — and frustrating. There are some obvious reasons for this, and others that are not so obvious.

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Spineless creatures under threat of extinction

spineless creatures at riskThe vital tasks carried out by tiny "engineers" like earthworms that recycle waste and bees that pollinate crops are under threat because one fifth of the world's spineless creatures may be at risk of extinction, a study showed on Friday.

The rising human population is putting ever more pressure on the "spineless creatures that rule the world" including slugs, spiders, jellyfish, lobsters, corals, and bugs such as beetles and butterflies, it said.

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Alex Baer: Old Echoes Die Hard, if Ever

GOP Convention 2012The older the echo, the louder the cry.

And then, there were the waves and waves of echoing cries crashing out in torrents from the tightly-choreographed GOP amateur hour and presidential auditions in Tampa, where everyone's dance steps are painstakingly mapped out in lockstep, on the planks of that sprawling, unbrawling floor.

It is an unusual Tampa-tantrum, this gathering, but one bearing many old echoes.

Peculiar, it was, not having George W. Bush, the previous Republican occupier of the White House, slide on by to cut some conversational brush with us, and remind us how fine those eight years were.  But, the taint of epic disaster lingers among those echoes, so -- please:  No reason to drop by.

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Medical imaging radiation causes DNA damage and cancer; doctors prescribe more!

The health risks associated with radiation exposure, whether it comes from cancer treatments or medical imaging scans, are much more significant than most people probably think. The latest published data on radiation exposure suggests that roughly 25,000 Americans develop cancer every year as a result of medical radiation exposure, and many more experience DNA damage that could eventually lead to the development of cancer and other health problems in the long term.

CT scans, which are a relatively modern medical imaging technology, are particularly problematic as they emit far higher doses of radiation than traditional x-rays do. Based on the figures, a single CT scan can blast up to 500 times the amount of radiation released by a single x-ray, an astounding level when considering how gratuitously CT scans are administered within the medical profession today.

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Palestinian farmers ordered to leave lands

Israeli authorities have given Palestinian farmers living in Jericho, in the occupied West Bank, an order to uproot palm trees they have grown and leave agricultural lands within 45 days.

The orders came in the form of letters sent to the farmers in an area known as “Area C” and gave the farmers an October 7 deadline to vacate their lands.

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Austin police infiltrated Occupy Austin

Soon after Occupy Austin protesters began their months-long demonstration at City Hall last fall, Austin police officials assigned at least three undercover officers to infiltrate the group to gather intelligence on any plans that might break the law.

The officers also may have crossed a fine line in undercover police work: They helped plan and manufacture devices — often called "lock boxes" — that allowed Occupy members to tie themselves together during a protest in Houston, according to interviews and court records. The use of the devices, which makes it harder for police to break up human chains, resulted in Houston police filing felony charges against seven protestors who had attempted to block a port entrance in Houston on Dec. 12.

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Video: Butterball Turkeys: Felony Conviction for Cruelty to Factory-Farmed Birds

TURKEYThis conviction is believed to be the first-ever felony cruelty-to-animals decision in a case related to birds-used-for-food production conditions in the United States.

Brian Douglas and several other Butterball employees were filmed violently kicking and stomping birds, dragging them by their wings and necks, forcefully throwing turkeys, and bashing in the heads of live birds with metal bars.

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Alex Baer: It's So Nice We're All Being So Nice

ThesaurusBased on news reports we're all seeing, hearing, and reading, there is an epic amount of hand-wringing going on in every media office, cubicle, and cubbyhole.

It's especially impressive that so many intricate, flailing hand motions can be maintained, all while your feet and legs are dancing as fast as they possible can, all around not saying what you mean.

You see, Paul Ryan has been using the English language again.  As usual, he is not interested in using that language to shed any light on plans and facts, but on maiming and hiding them as best he can.

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