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Monday, January 28, 2013

The Morning News: A Shooting at a Bar, a Fire at a Nightclub, and Violence in Egypt

Posted by on Mon, Jan 28, 2013 at 8:15 AM

Tragedy at Twilight Exit: One man shot and wounded two people at the Twilight Exit last night. He was shot and killed by police.

In Other Gun News: Someone brought a used missile launcher to this weekend's gun buyback event.

Violence Continues in Egypt: President Mohamed Mursi has declared a state of emergency after another man was shot dead on Monday, bringing the death toll to 50 in the last five days.

Three People Arrested After Brazil Nightclub Fire: The fire, which killed 233 people, was believed to have started from a band's pyrotechnic show.

What Caused the 787 to Catch Fire?: It wasn't the battery charger after all, so the search continues and the Dreamliner remains grounded.

A Group of US Senators Have Agreed on an Immigration Reform Plan: "Under the group's proposal, undocumented immigrants would be allowed to register with the government, pay a fine, and then be given probationary legal status allowing them to work."

Welcome to Y2K: The Pentagon is expanding its cybersecurity force fivefold.

Good Timing Because: Supporters of Aaron Swartz took over the website of the US Sentencing Commission and turned it into a game of Asteroids.

A Florida Man Claims a $2.5 Million House Is His: Because he's been squatting in it. The neighbors are pissed.

A Grand Jury Indicted JonBenet Ramsey's Parents in 1999: But, according to a new report, prosecutors refused to go forward on the case.

Sarah Palin Was Paid $15.85 Per Word on Fox: A study shows she also "used 'Amen' 111 times and 'God' 57 times." She got paid $1,759.35 to say "Amen."

Stay Classy, Humans: The new World Trade Center site is covered in racist graffiti.

The SAG Awards Happened: I love Tina Fey.

In Impressive Hockey News (Because You All Care, RIGHT?): The Chicago Blackhawks are still undefeated. This is the best start the team has gotten in franchise history.


Comments (14) RSS

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I want the stats on how much Sarah Palin was paid per sentence period. She is the all time Queen of the endless, run on sentence.
Posted by bareboards on January 28, 2013 at 8:37 AM · Report this
JensR 2
"Its an empty metal tube" comments in 3... 2...
Posted by JensR on January 28, 2013 at 8:55 AM · Report this
seatackled 3
If Palin knew how to speak standard English, her sentences would have been far more concise, and her per word rate would have been at least $30.
Posted by seatackled on January 28, 2013 at 9:23 AM · Report this
@2 Slog cannot into deactivated weapons.
Posted by OOF POOF on January 28, 2013 at 9:48 AM · Report this
Pope Peabrain 5
Tell people they can't do something and it immediately becomes a challenge.
Posted by Pope Peabrain on January 28, 2013 at 9:56 AM · Report this
Morsi. The article you linked to spelled it incorrectly as well.
Posted by goodjobguy on January 28, 2013 at 10:06 AM · Report this
lark 7
Yeah, I'm impressed with my Chicago Blackhawks 6-0 & 12 points. They're looking good. I'm keeping my fingers crossed.

What is fazing me is Vancouver. I wonder how they're gonna fare?
Posted by lark on January 28, 2013 at 10:07 AM · Report this
@6 And so goes the trouble of translating arabic into English. Ghaddafi, Gaddafy, Kadaffi, Khadaffy, Usama, Osama...

the San Jose Sharks are also undefeated.
Posted by BornAgainInBellevue on January 28, 2013 at 10:19 AM · Report this
Impenetrable: The Ownership of AT&T

For many, many years in America, companies had investors, shareholders and owners.

Once upon a time, in days of yore, there actually existed American citizens who had an inkling, an idea, of who owned what.

A few realized, back in the day, that the du Pont family owned General Motors, a few others knew that the Rockefeller family owned the Chase Bank (now JPMorgan Chase) and Citigroup; some others were aware that the Walker-Bush family held the controlling interest in White, Weld and Company (which later became Merrill Lynch, now owned by Bank of America).

Today, some abjectly ignorant Americans will robotically repeat the Wall Street mantra that "we all own the companies" through the pension funds and 401(k)s, etc.!

"We," kemosabe?

Amazing! There have always been investors, but today the owners have mysteriously, almost miraculously, disappeared?

Some years back, a political action group I was then with was interested in the ownership of an offshore biotechnology trust --- it required an enormous expenditure of time and resources, but we finally ascertained the ownership to be one single entity: the Rothschild family of Europe.

Why hide the ownership of everything? Why, indeed!

Officially, on paper that is, AT&T was broken up, or split apart --- on paper, that is.

Today, due to the efforts of a former AT&T executive then at (Baby Bell) SBC Communications, who reconstituted AT&T to its former structure in the early part of the last decade; AT&T is once again, officially, whole.

So, then SBC Communications owns AT&T?

So who owns SBC Communications?

At that time, a hedge fund (with a 3-person office) called AR Asset Management, was the majority owners; easily the majority owner!

So, who owns that hedge fund? That's the beauty (in the eyes of the plutocrats) of hedge funds --- they are opaque and not regulated --- no one really knows!

The Investment Company Act amendments established that each hedge fund can have an unlimited number of investors --- but that sounds highly contradictory?

Ostensibly, only the wealthiest can invest in hedge funds, so are there an unlimited number of the super-rich, or could there be alternative reasons?

Typically, the investors in hedge funds would appear as follows: holding company #1, holding company #2, holding company #3, trust #1, trust #2, foundation #1, holding company #4, . . . , etc., etc., etc.

So, holding companies and trusts, traditionally created to obscure, to obfuscate, to hide ownership, are the major investors in hedge funds, opaque entities in and of themselves, which hides their ownership?

Boxes within boxes within boxes.

Numerous laws have been passed which criminalize any serious effort by the individual to uncover ownership of those entities. Now who do you suppose financed the passage of those laws?

Steve Coll, president of the New America Foundation (financed by oil people known as Pew Charitable Trusts, and the Peterson Foundation [Peter G. Peterson/David Rockefeller]), wrote a book on ExxonMobil (once known as Standard Oil, until it was officially broken up, on paper, that is). Coll writes an entire book on the oil behemoth, yet neglects to mention its ownership?

Perhaps nobody owns it?

New America Foundation also houses Peter G. Peterson's austerity project --- that's austerity for you and me, and more wealth for them!

The quickest route to uncover ownership is to either arrest, or kidnap, those individuals who meet at the yearly international financial/banker forum known as the Bilderberg Forum. The last time I checked, the directors of "American Friends of Bilderberg, Inc." were David Rockefeller, Henry Kissinger, Richard Perle, Jessica Mathews, et al.

Let the waterboarding begin . . . .

Special Advisory:

Always please beware of pseudo-environmentalists who act as apologists for Wall Street: the Post Carbon Institute, James Howard Kunstler, Jeremy Rifkin, etc.

Kunstler is a super-fanboy of the Federal Reserve, loves to spout revisionistic nonsense about it and claims any critics to be "John Birchers."

The real environmentalists will neither excuse, nor side with, Wall Streeters, nor will they support fraud schemes to send more free money to the banks and oil companies: cap-and-trade, carbon permits, etc. (carbon tax is not in this category --- which is why they push the others).

Posted by sgt_doom on January 28, 2013 at 10:41 AM · Report this
keshmeshi 10

There are ways of standardizing it though. News outlets don't have these kinds of problems with Asian names.
Posted by keshmeshi on January 28, 2013 at 10:52 AM · Report this
@10, what are you kidding? Japanese isn't so much a problem but the transliteration of Mandarin causes more problems than Arabic.
Posted by GermanSausage on January 28, 2013 at 12:12 PM · Report this
Go Blackhawks! The shortened season is perfect for this Chicago team, so much talent reaching their prime and they've been together a few years now. The Sharks look awesome too (Marleau!), guess we'll see you in the playoffs!
Posted by marxiano on January 28, 2013 at 12:58 PM · Report this
Will in Seattle 13
As to the SAG-AFTRA Awards, they were very well chosen.
Posted by Will in Seattle on January 28, 2013 at 3:58 PM · Report this
keshmeshi 14

I've never seen as many problems with standardization of Chinese names in news outlets.
Posted by keshmeshi on January 28, 2013 at 5:42 PM · Report this

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