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Current location: Georgia
Member since: Tue Feb 10, 2004, 12:08 PM
Number of posts: 41,495

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Environmental Scientist

Journal Archives

Toon: The Thrilling Appeal of Incrementalism

Coin tosses used to determine county delegates in Clinton-Sanders race

n a sign of how close the race between Hillary Clinton and Bernie Sanders has been in Iowa, officials in some counties resorted to a coin toss.

According to an obscure Democratic party rule, a coin flip can be called upon if the result is a tie. The toss was used in a handful of precincts to decide how to award the number of delegates to the county convention.

The Des Moines Register, the local paper, reported that Clinton won coin tosses at precincts in Davenport and Des Moines.

The newspaper said party officials ordered another coin toss to decide a dispute between the campaigns at an Ames precinct. Clinton won that toss, too.

Sam Lau, the Iowa Democratic party spokesman, noted that the coin tosses were used to determine county convention delegates, which make up only a fraction of the state delegates awarded to candidates. The coin tosses did not affect the overall result in the state.

6 coin tosses. HRC won all. Wonder what the odds are?

Bernie Sanders wants raw vote count released after tight finish in Iowa caucuses

Bernie Sanders has called on the Democratic party to release a raw vote count in Iowa after a nail-biting finish left lingering doubts over the first, much tighter-than-expected, clash with Hillary Clinton for the presidential nomination.

Speaking to reporters on a chartered plane flying from Des Moines to their next showdown in New Hampshire, the leftwing senator said his performance in the Iowa caucus was a signal that the American people were hungry for more radical change than that offered by establishment candidates.

“Tonight is a wonderful start to the national campaign,” Sanders said in a packed gangway on the late-night flight heading east to beat an incoming snowstorm. “Tonight shows the American people that this is a campaign that can win.”

He threw little light on an unfolding controversy over certain Iowa precincts that did not have enough Democratic party volunteers to report delegate totals for each candidate but did call on officials to take the unusual step of revealing underlying voter totals. Delegates are awarded in the Iowa Democratic contest on a precinct-by-precinct basis, irrespective of the state-wide vote for each candidate.


Mr. Fish Toon: HRC Wishing

Legal US pot sales soar to $5.4B in 2015

"You won't find another industry growing at that kind of clip": ArcView Group CEO
by Heesun Wee

Legal U.S. pot sales soared to $5.4 billion for 2015, up 17.4 percent from $4.6 billion in 2014, according to data released Monday by the ArcView Group, which tracks the cannabis markets.

The figures include medical and adult consumer sales. However, the annual gain was largely fueled by the explosive growth in consumer sales, as some states have approved adult recreational marijuana use. Adult use sales grew to $998 million from $351 million in 2014, according to the research. And voters in more states, including California, are likely to take up the issue in 2016.

By many measures, 2015 was a bellwether year for marijuana, as states like Colorado and Washington paved the way for new business models and growth. Entrepreneurs have opened spa-like retail shops for adult users and medical cannabis sales. The social experiment to abolish cannabis prohibition in some instances is melding with a for-profit corporate culture.

The growing cannabis market features a variety of innovative consumer-facing products such as vaporizers, edibles and capsules. As an example, Colorado adult use sales surpassed $100 million last year for the first time.


Even Goldman Sachs Has Bailed on Bush

Jeb Bush turned out to be such a bad investment for bankers at Goldman Sachs Group Inc. that the hundreds of thousands of dollars they threw at him has become a company joke. At least one senior person at the firm likes to remind his colleagues that their donations to his White House race haven’t worked out so well.

Following that misfire, along with a beating the Wall Street bank has taken from both sides in this year’s presidential race, contributions from employees of one of the most politically connected companies in the U.S. have plummeted. After donating almost $900,000 in the first half of 2015 to four favorite candidates and their fundraising committees, the firm’s bankers gave about $243,000 in the second half, Federal Election Commission filings released Sunday show.

Marco Rubio took over from Bush as the preferred candidate of Goldman Sachs donors, who gave the Florida senator about $118,000 in the second half of 2015, almost twice what he got in the first six months. Even so, the sum wasn’t close to the more than $700,000 that bankers at the firm gave Bush and his fundraising groups in the first half of the year. Their contributions plunged in the second half to about $47,000.

“It’s like buying a stock and watching it fall,” said Steven Shafran, a former Goldman Sachs partner who contributed to Bush’s super PAC and was a senior adviser at the Treasury Department to Hank Paulson, once the head of the bank. “Putting good money after bad? He certainly has enough for now. I think people are waiting to see if there’s someone they can support and who has a chance to win. If Jeb has a good New Hampshire, my guess is Goldman guys will pile back in again.”


Every Single One of The Top 10 Corporate Tax Dodgers Are Donors To Hillary Clinton

Bernie Sanders is leveraging the increasing attention his campaign is getting to call out major corporations for shirking their tax responsibilities. In a press release issued Friday, Sanders “pledged to close tax loopholes like a law that lets profitable corporations exploit offshore tax havens to avoid paying U.S. income taxes.”

Some Paid Zero Federal Taxes Despite Huge Profits
Sanders published a list of the top ten “corporate tax dodgers,” among which are some, like General Electric, Boeing and Verizon, that paid no federal income taxes at all between 2008 and 2013, despite racking up huge corporate profits.

Sanders enumerates a tough five point platform to make corporations pay their fair share in federal taxes. These include shutting down corporate inversions, ending tax deferrals on profits of offshore subsidiaries, and making sure companies can’t just claim to be foreign by establishing a P.O. box in the Cayman Islands or other tax haven. (He also wants to end tax subsidies for fossil fuel companies.)

So that’s what a President Sanders would do, if given the chance. How about a President Hillary Clinton?

Well, not so much. It turns out that all top ten corporations on Sanders’ list also have strong ties to Hillary Clinton, often benefitting from her official positions while donating to her campaign or the Clinton Foundation or giving her huge speaking fees. Here’s the Sanders list of tax-dodging companies — and their connections to Hillary Clinton.



Monday Toon Roundup





Big Pharma




Toon: Patrick Henry Rodham Clinton

UK Scientists get human embryo 'gene editing' go-ahead

UK scientists have been given the go-ahead by the fertility regulator to genetically modify human embryos.

It is the first time a country has considered the DNA-altering technique in embryos and approved it.

The research will take place at the Francis Crick Institute in London and aims to provide a deeper understanding of the earliest moments of human life.

It will be illegal for the scientists to implant the modified embryos into a woman.

But the field is attracting controversy over concerns it is opening the door to designer - or GM - babies.

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