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Eat These Shorts
Buried quietly in the Feb. 9 New York Times: chemists who examined soil,
sludge, and debris samples from a Sudanese pharmaceutical plant destroyed in
August by American cruise missiles found no traces of chemical weapon
compounds. The Clinton Administration, which in a just world would have been
put on trial--promptly--for its bald-faces lies in promoting the attack,
continues to insist the attacks were justified. U.S. spies claimed to have
found traces of Empta, a nerve gas precursor, in the soil around the plant
last August. According to a Clinton spokesperson, Osama bin Laden's second
cousin's nephew's camel tender pored through the soil surrounding the plant
before chemists took the more recent samples, removing the offending
molecules with a very tiny pair of Japanese tweezers and an itsy-bitsy
bucket.--Geov Parrish
I made that last bit up.--G.P.
Ever wonder what's driving the ridiculously high prices of Internet
stocks? It seems you can't open a newspaper or magazine without seeing
another story about an Internet company that hasn't turned a profit yet,
but has a stock price that's shooting through the ceiling. Obviously
Internet stock prices are being boosted by speculation: investors are
buying in anticipation of what may happen later on this year or next year
or the year after. Yet, in spite of news stories that highlight retailers
like Amazon.com and Homegrocer.com, the real engine driving Internet stock
prices are the Internet companies that allow businesses to buy and sell
to each other. Consumer access to Internet retail sites has
developed as an afterthought. In 1998 businesses did $43 billion worth of
sales on the Internet vs. only $8 billion by consumers. According to Nelson
Schwartz in Fortune Magazine (2/15/99): "By 2003 more than 90% of the
predicted $1.4 trillion in Internet commerce will be conducted between
businesses." And the operating profits of certain Internet companies may
turn out to be as high as 50 percent--higher than most software companies.
(The software industry is already noted for profit margins that are higher
than ost other sectors of our economy.)--Maria Tomchick
The State House and Senate will see a lot of this year's 2,197 (!)
bills die by the time of a March 2/3 deadline for getting the bills out of
committee this week. So, we're waiting til next week to run an overview of
what has and hasn't survived the session thus far. But one worth highlighting
is Gov. Gary Locke's plan to "save" the salmon industry, essentially by
offering tax cuts to the logging industry. For those who haven't spent much
time in the woods (or what's left of them), logging, especially clearcuts--
and the resultant erosion, siltation, and loss of stream canopy that follows-
-is an enormous part of why the Pacific Northwest's salmon are endangered in
the first place. SB 5896 and HB 2091 would replace the current Forest
Practices Board review of logging procedures with a stunning sweetheart deal:
20 percent tax cuts and an estimated $2 billion in industry compensation for
selected streamside "buffer zones." Industry would also get certain
exemptions from the Endangered Species Act for the next 50 years. It's an
amazing bit of corporate welfare that ought to clarify for any doubters, in
the tension between saving precious wild habitat and further enriching
Weyerhaueser and Plum Creek, whose corner Gary Locke stands in. This kind of
Clintonesque act of environmental warfare wouldn't be possible if a
Republican proposed it. But because Locke is willing to pose for photos with
enviro leaders (great for the newsletter!), they stay mute when scams like
this hit.--G.P.
>From California, home of most new terrifying trends (we start the rest),
comes a plan in Sacramento to raise money for that city's budget-stressed
coffers by offering corporate tie-ins to the city. Using public money
to endorse private corporations is bad to begin with, but this is a bad idea
with breathtaking implications; the program is just now getting under way,
with sponsorship deals for non-alcoholic beverage and telecommunications
companies under negotiation. A recent syndicated column by Russell Mokhiber
and Robert Weissman of the Multinational Monitor lists the ways in which city
pimps hope to raise $2-$5 million a year: "an official car rental partner for
the city (potential partners named include Avis, Budget, Enterprise and
Thrifty), a preferred ice cream (potential partners: Baskin-Robbins, Dreyers,
Nestle), preferred food suppliers for the police and fire departments and the
convention center, an official film (potential partners: Fuji, Kodak,
Polaroid), an official delivery service (potential partners: Airborne
Express, DHL, U.S. Postal Service, FedEx, UPS), a preferred coffee and an
official departmental coffee supplier (potential partners: Java Centrale,
Maxwell House, Folger's, Millstone, Pete's, Starbucks), official wear for
park and recreation staff (potential partners include REI), official software
and official computer of Sacramento, official computer of specific
departments (potential partners include: Oracle, Sun, Apple, 3COM), exclusive
security for Sacramento, and more...[including] an official undergarment
supplier for city police, fire and security....Key elements in delivering
value to sponsors include: giving sponsors the imprimatur of official city
approval, providing sponsors with exclusive marketing rights in designated
areas (zoos, parks, historic tourist areas, etc.), enabling the companies to
seem `part of the community' (by identifying a refurbished teen center, for
example, as `paid for by The Gap') and providing `signage' on public
properties in highly trafficked areas." Say, maybe we in Seattle can use that
kind of money to pull together some bribes to lure the 2012 Olympics! --
G.P.
Speaking of commercialism in public places, the Seattle School Board,
amidst its coronation of Joseph Olshefske as new pro-business head, quietly
slipped through a provision a month ago that allows schools to generate
income by renting space to commercial enterprises. Previously schools had
been limited to allowing community groups and other nonprofits to lease. So
what happens when Pizza Hut, owned by Pepsico, moves in? Does that violate
the district's exclusive contract with Coca-Cola? Or "drug free zone"
restrictions?--G.P.
Sunday is the last day for Seattle's venerable Red & Black Books, the
latest and most painful to date casualty of megachain booksellers and their
war on independent bookstores and free thought. As indies like R&B go, we not
only lose valued community institutions (and prospective distributors and
advertisers for rags like ETS!), but fewer and fewer corporate hands control
what gets stocked, what gets discounted, and increasingly what even gets
published. Get down to Red & Black this week for going out of business
bargains--and then make sure you do your book and periodical purchasing at
places like Left Bank Books, Recollection Books, Elliot Bay Book Co., and
this city's other remaining independent voices. --G.P.
Your sobering statistics for the week: In the past five years, nearly
50 percent of the U.S. jobs created paid less than the federal poverty level
for a family of four. According to the Bureau of Labor Statistics, only
two-thirds of the people laid off in the last few years in the recurring
waves of downsizing are back in full-time jobs. Of those lucky enough to get
full-time jobs, nearly half earn less than they did before.
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