Surprise surprise! Corning testifies to Congress that the American corporate tax code puts it at a disadvantage -- but Corning has paid exactly zero dollars in taxes over the last four years. Corning has, in fact, netted $4 million from our government since 2008. One wonders what more of an "advantage" Corning needs to succeed.
Then again, the Tax Justice Network tells us that offshore tax havens hold at least $21 trillion. Which, yes, would, be enough to pay off the U.S. debt -- not this year's deficit, but our entire debt -- with a few trillion bucks left over. So I guess Corning's real point is that it's so hard to join the really-really-really-super-duper-rich when you only net $4 million in tax payouts from our government.
Rush Limbaugh suggested on Wednesday that the new Batman film's villain gets his name from some indeterminate effort on the filmmakers' part to hurt Mitt Romney. Naturally, DC introduced "Bane" (get it, Bain?) in 1993, and Bane even showed up in one of the '90s Batman films. Little things like "research" don't matter to bold visionaries like Mr. Limbaugh -- actually, research would hinder his effort to portray himself as a martyr.
Finally, R.I.P., Alexander Cockburn, who died of cancer Friday night; he was 71. I've been reading his work for almost 20 years and, frankly, I feel a bit lost now that he's gone.
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