From a friend:
At the request of the U.S. Food and Drug Administration, U.S. Marshals today seized more than $1.5 million worth of food products, including herbs and botanicals, stored under filthy conditions at the American Mercantile Corporation of Memphis, Tenn.
During an inspection of American Mercantile in March, FDA investigators discovered evidence of extensive rodent and insect infestation throughout the company’s warehouse. The company failed to correct these problems. Acting on a warrant issued by the United Stated District Court in Memphis, U.S. Marshals seized all FDA-regulated food products exposed to rodent and insect contamination at the facility. The seized products violate the Federal Food, Drug, and Cosmetic Act because they were held under insanitary conditions under which they may have become contaminated with filth.
“FDA will not tolerate a company’s failure to adequately control and prevent filth in its facility,” said Michael Chappell, the FDA’s acting associate commissioner for regulatory affairs. “The FDA is prepared to use whatever legal means are necessary and appropriate to keep potentially contaminated products out of the marketplace.”
American Mercantile stores and processes food ingredients, which are then sold to and used in the dietary supplement and herbal tea industries. The seized articles include food products, such as sarsaparilla, spearmint leaves, cornstarch, sweet orange peels powder, licorice powder, sassafras, and salt.
The FDA has no
reports of illness associated with consumption of the products.
Ah Memphis -- 2nd behind Detroit in crime; now a home to pestelance too.
Question: Is there life after diabetes?
Answer: Yes, but it doesn't taste very good.
My argument against God was that the universe seemed so cruel and unjust. But how had I got this idea of just and unjust? A man does not call a line crooked unless he has some idea of a straight line. What was I comparing this universe with when I called it unjust? If the whole show was bad and senseless from A to Z, so to speak, why did I, who was supposed to be part of the show, find myself in such a violent reaction against it?... Of course I could have given up my idea of justice by saying it was nothing but a private idea of my own. But if i did that, then my argument against God collapsed too--for the argument depended on saying the world was really unjust, not simply that it did not happen to please my fancies. Thus, in the very act of trying to prove that God did not exist - in other words, that the whole of reality was senseless - I found I was forced to assume that one part of reality - namely my idea of justice - was full of sense. If the whole universe has no meaning, we should never have found out that it has no meaning: just as, if there were no light in the universe and therefore no creatures with eyes, we should never have known it was dark. Dark would be without meaning. --
In the news today, President Obama proposes raising $190 billion - $210 billion (figures vary) by eliminating tax loopholes enjoyed by corporations. You can read one article here.
While I am all for corporations paying their fair share of taxes, I think the President is forgetting who ultimately will pay for these corporate tax increases. How does he think corporations will pay for them? By cutting executive salaries? Not a chance. Unfortunately, there are only a few other ways to cover the proposed increase in taxes. (1) Build cheaper merchandise and absorb the new taxes by cutting the quality of materials used. (2) Cut worker wages. (3) Eliminate jobs. (4) Cut shareholder dividents. (5) Raise prices.
My guess is that corporations will do a combination of 2, 3, and 5, thus effectively passing along the cost of increased taxes to the consumer.
After all, where do all corporations get their money in the first place? By selling something. And if costs (taxes) increase, that increase must be covered somehow.
I think President Obama is forgetting that ultimately, the consumer (that's you and me, brothers and sisters), is the one who is at the bottom of the pile, paying for, in one way or another, the entire government structure. I believe the President thinks of a corporation as a person, when in reality it's an entity that's created.
What President Obama proposes is to punish corporations (not an entirely bad idea) for their success. But he forgets that the financial burden will fall on the consumer, just as funding for the bailout of banks and automobile companies will ultimately fall on the taxpayer.
With the country already up to its ears in debt, job losses, a collapsed housing market, rising costs for food and basic necessities, bankruptcies, foreclosures, wars in Afghanistan and Iraq, and a ruinously expensive health care system, the one thing we don't need is to push yet another cost onto the consumer.
In spite of the Democratic Party's "tax and spend" mentality, I hope President Obama backs away from this plan, because I believe that, rather than helping the defecit, it will push the country further into recession.