Hey ladies, wondering why you just can’t get ahead in the workforce? Perhaps it’s because you keep lying down and letting yourself get walked all over? That’s the word from the latest “study” of questionable value, this time from - ahem - “US researcher Sharon Goodson”, who reckons Australian women are “too timid” in the office:
—The Dawn Chorus
6am
Hurricane Faye. Catfish in someone’s backyard.
5am
It shouldn’t be necessary to remind reporters and editors who cover such matters that businesses pay taxes on their profits, not sales. But I often read stories in which a reporter confuses the two, saying that a business “made” $50 million when the writer is referring to the company’s sales. Much of the press that the GAO report received revolves around blurring the distinction between these two. As Michigan Senator Carl Levin, a frequent critic of corporations, said of the study, “Twenty-five percent of the largest U.S. corporations [those with more than $50 million in revenues] had $1.1 trillion in gross sales in 2005 and yet paid no federal income taxes.” That statement suggests that Levin is either trying to mislead us or that he has made it into the world’s most exclusive club, the U.S. Senate, without knowing the difference between earnings and sales.
—RealClearMarkets - Articles - Do Corporations Really Pay No Taxes?
5am
Starbucks, which is closing stores as part of a wide-ranging cost cutting program, is continuing with its book program. The company announced that its next book selection is Helene Cooper’s memoir The House at Sugar Beach: In Search of a Lost African Childhood. The Simon & Schuster title will start appearing in more than 6,500 branches of the coffee chain upon its release day, September 3. The house has announced a first printing of 125,000.
—Starbucks Selects Cooper’s “Sugar Beach” - 8/8/2008 7:36:00 AM - Publishers Weekly
7am
Pine Lake Mid-day, John Muir Wilderness Hiking (via
Buck Forester)
9am
dclarke:
LA Times Editor Russ Stanton explained in a staff memo: “Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money.” Also thanks to the Internet, the luxury of monopoly is gone too…
(Source: paidContent.org)
Via dclarke
7am
World’s tallest buildings 1884
via upload.wikimedia.org
9am