Warren Buffet, I Love Hippocracy

“At December 31, 2010… net unrecognized tax benefits were $1,005 million”, or about $1 billion. McCarty explained, “Unrecognized tax benefits represent the company’s potential future obligation to the IRS and other taxing authorities.  They have to be recorded in the company’s financial statements.”

He added, “The notation means that Berkshire Hathaway’s own auditors have probably said that $1 billion is more likely than not owed to the government.”

Are We Running Out of Oil - Worry, Worry

So, I won't be buying that electric car after all.

The Help - Go To It

"The Help" is a good movie, better than most recently. In today's hopeless desert of films, "The Help" is an oasis. It is one of those movies where a full theater just sits while the ending credits run and music plays. Then they slowly and quietly trickle out of the theater. Could they be unwilling to let go of the poignancy or are they dreading exposure to the latest "Conan the Barbarian" next door. No, it's not Schindler's List.

The Violent Right

Stop the Hate. Do yourself a favor and watch every video Andrew Klavan makes. A quick Youtube search should do it.

Eat The Rich

Mark Steyn of Free Speech

I dislike posting video without saying anything but what is left to be said?

Mark Steyn on Free Speech at the IPA from Institute of Public Affairs on Vimeo.

Devils Lake Having a Demon of a Time

We Really Should Read

Here is the latest Drudge Headline:

And yet when you read the linked article:

“None of those killed in the crash is believed to have been part of the SEALs mission that killed bin Laden, but they were from the same unit as the bin Laden team.”

What is really true is anyone’s guess but we should really read the material to which we link and from which we make our headlines, even Mr. Matt. But the killed Seals were from the same unit so by some stretch the headline is somewhat true. Lame stream media may be more guilty of headline deception than anyone else so I am leaning toward forgiving Drudge for his youthful indiscretion.