tanked

With oil prices sinking to near historic lows, it’s really remarkable how causality comes unhinged when reason dictates that a lot of the economy hangs on the price of fuel. Though household budgets are seeing some degree of respite at the petrol station, the positive repercussions seem to end there and the myopic outlook is compounded.
Some hold the whole situation has a conspiratorial character meant to knock Russia down a notch as retribution for Ukraine, and event if this plot were true, the effects could not be contained and would lead to even graver instability in other oil-exporting nations. Without pain at the pump, environmental conscious bows out and the motivation for cleaner technologies falls away—with only greenwashing on offer. Waning demand has ensured the continued depression of prices, and the profit gradient for country’s whose wealth is an especially narrow one.  In hock as much as they were just recently flush with cash because of their commodity, Russia, Nigeria, Argentina and the Middle East are faced with the reckoning of re-financing and lenders are closing their ranks for other clients and keeping prices to the consumer steady. It is sort of like personable occupants stuck in a broken elevator turning to cannibalism.The formerly safe-bets of petroleum and follow-on industries are becoming unpalatable, and investors scuttle to park their money elsewhere—in rather hollow and abstract instruments that court yet another bubble coaxed to bursting.

grace and favour or sweetheart deal

Not just in the UK (whose crown dependencies prove haven and safe-harbour for this sort of arrangements) but for the tax-paying public all over the world the apparent pittance in levies that large corporations have paid in compared to revenue is inciting outrage. Because of the byzantine complexity of the situation and the fine distinction between avoidance and evasion, it is hard to say what exactly has transpired although there’s more than a hint of civic injustice and it seems as if corporate taxes are somewhat of a voluntary contribution—and not even the suggested donation when the collection-plate is passed down.
Of course, other methods of circumvention could be cooked up and it is not so straightforward to say where a product or service fulfilled its raison d’être of generating a profit—and what the public at large are privy to is necessarily mediated—but perhaps the whole corporate tax scheme as it exists, essentially hard to enforce and interrupt and by design encourages evasive manœuvres, and like proposals for a flat-tax or a Value-Added Tax (VAT) charged on the wealthy that excises a fixed percentage and eliminates loop-holes so far as deductions go, perhaps the same system would work for big businesses. The problem remains, I think, of sourcing earnings and different tax jurisdictions would walk on each others throats to claim a piece of it, but perhaps as lowering the burden is good for share-holders, a simpler and manifest tax regime might prove better for all stake-holders, corporate giants investing more in their own ecosystems (employees, research and host communities) in order to divest themselves of some fiduciary obligations.

horse's mouth or cruz-control

Why me? I’m a presidential contender and not at all three of the Campbell’s Soup kids balanced on top of each other imperson- ating an adult in order to place a bet on a race-horse, for whom I have insider-knowledge.

6x6

childlike princess: an attraction in a Munich studio holds the props from The Neverending Story

bruder spaghettus: a small town north of Berlin is the nexus of Germany’s Pastafarian faith

claim-jumpers: interesting history of the “ashcan copy,” a slap-dash way of calling dibs on a movie franchise

falconeer: to stop potential drone attacks, Denmark is training up its eagles

power hungry: interesting juxtapositions of meal-time discrepancies of the rich and poor throughout the ages

diorama: daily miniature photography project with an inexhaustible eye for tiny landscapes

men without chests, men without hats

Amidst the horrors of World War II which were driven by failed experimentation and ill-informed beliefs that mankind could be perfected through eugenics, author C.S. Lewis (The Chronicles of Narnia) wrote a short treatise called the “Abolition of Man,” though the ablutions Lewis was calling out was in educational reform that sought to eviscerate objectivity and inherent and abiding morals and replace them with more progressive, scientific modes of thought.
Lewis argued that the purpose of pedagogy is no more and no less than imparting right and wrong and not mistaking better for the good, and discarding old value-based systems (such terms are easily turned and spindled) left society groundless (without trunks, chests), and without thought rooted in Nature, philosophy and religion, one might as well pack it up and own to the fact that the goal is abolition of humanity. Though the technology of seventy years ago could not seriously advocate for artificial-intelligence—nor really for genetic-engineering, Lewis’ words of warning were nonetheless prescient and was very much afraid that changes in curricula would create a class of overlords with enough intelligence and insight to manipulate the rest of us. Although on the surface the tyranny and oppression of the few (which seems familiar if not illegitimate) appears quite different from the existential threat of the robot holocaust, but both cases beg that mankind’s hindrance is its own humanity, imperfect, impious and diverse. What do you think? Are we more likely to be devout (as masters) to those matters of our own creation, trusting medicine and machine, more so than the conversant but unreachable age-old ethics that have always accompanied us?

walled-garden or class-war/cola-war

Just in case you missed this latest incarnation of patron-generated guerilla-marketing, one soft-drink empire is inviting consumers to craft sleek little animations of whatever “tasting the seeing” means to them—launched off the equally dubious platform of enjoying this beverage of choice from a personalised aluminium can that bears one’s name.
I would not want to dally long in this corporate, branded wall-garden but I suppose that I am missing the point then. People certainly were quick to RSVP to this call for mockery but regrets-only were limited, it seems as the company presciently censored most words and phrases that might prove disparaging. The crack investigative team at The Atlantic that tried to finagle their way through this Orwellian call for submissions attempted to create an advertisement that invoked the “late stage capitalism” meme, which is s fitting one and a prediction of Marxist thinking, holding that despite capitalism’s opportunistic nature, there comes a point of market super-saturation and a point beyond which the system cannot continue, without new buyers—most likely aliens, since we’ve already tried selling contact-anxiety and convincing everyone to be entrepreneurs in the worst, cloying ways. Other taboo subjects included politics, religion, health and medicine. It is not only the cola-warriors who’ve assayed this life-style form of suggest, however, what with a large chain of coffee houses eager to have imagined loyal loiterers share their life experiences or a fast food franchise that floated the idea of accepting paying-it-forward in lieu of actual cash-money. It seems that most venues are like this. What do you think? Would you like to play in this sort of world?

lord of the flies or standing-water

With the emergence of the Zika virus (never mind humanity’s peerless co-existence with malaria that has been symbiotic forever and other dread maladies that joined the party as we grew more bold in bending Nature to our will), some pundits are calling for the eradication of all mosquitos.
Perhaps such a feat is possible, as man has proven his destructive capacity time and time again and perhaps here is the chance to use those vicious powers to a more virtuous end—but I am not buying that we are that good at targeted-killing. Mosquitos are not the low-hanging fruit that dodos and unicorns are, and surely there will be unforeseen consequences for the ecosystem that we could not appreciate until it’s too late and perhaps make matters far, far worse. I don’t want to see anyone else suffer and we should not shy away from the effort—but the whole interest, regardless of the feasibility, smacks of a campaign-promise or unthinking slogan, like the war on drugs. One should not toy with the health and safety of others—especially the most vulnerable among us and it should make one angry that the feigned concern is more for the sponsorship dollars tied to the two big sporting events that will happen in Brazil this summer, but perhaps, quixotically, like another presidential candidate’s confirmation that he would indeed travel back in time to kill Baby Hitler and advert the Holocaust and WWII, it won’t carry much credence and perhaps even backfire before we’re dumb enough to try. What do you think?

'merica and mobile vulgus

Given the over-abundance of shrillness and inanity that we’ve been subjected to already, one could be excused for forgetting that the US presidential campaigned season has not officially kicked off yet until today.
It is a little inexcusable that I didn’t read this excellent primer from VICE—dismissing it as more strident boilerplate rather than anything with civic-value—and am certainly glad that I did, in order to better appreciate the travesty and hopefully the opportunity. The antiquated ceremony and vetting process are really highlighted in the first state caucus’ rather monolithic demographics and relative isolation—which are arguably the biggest head-start any bloc of voters is afforded for dashing away from the “real America.” The baffling complexity and the buoying media sentiment are the sleight of hand and window-dressing of democracy—rather ochlocracy (the marching protesters in Athens with their OX! signs are not identifying themselves as members of an angry mob but rather saying no to further austerity measures), pandering to the majority and dispensing with minority protection.