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08/10/14
Watch-Outs 63. Tax Inversion Consequences, Personal Mission Statement, Missing Microbes
Filed under: Position Searching, Mentoring, Mature professionals, Post-docs, Observ. Trends, Undergraduate majors
Posted by: site admin @ 5:20 pm

It is in the news daily.  The corporate M&A moves
by a number of large firms to avoid 35% US
corporate tax rate is poignantly described in an Economist
cartoon
.  A link offers caution to investors about
consequences of the inversion.

We had a seminar about ‘Mission statements, goals,
objectives and development plans’ a couple of weeks back.
A recently uncovered blog offers positive insight into
tactics for individuals just starting to develop personal
mission statements
.|

We have mentioned one of the curious areas of research
is in dealing with antibiotic-resistant microbes.  A link
provides untold stories of how important our microbiome is.
Our micrbiome is the complex system of bacteria that live
in on and around each one of us.

TAX CONSEQUENCES OF INVERSIONS
SOURCE  L. Saunder,
WSJ, August 2, 2014, p. B1
How to Ease the Tax Hit from an inversion
There are a series of unintended consequences from mergers
like AbbVie-Shire and Medtronic-Covidien.  Ms. Saunders
writes inversions will be unwelcome for long-term investors
who were planning to hold their shares for estate planning
purposes. 
Some shareholders in firms that do inversions will
owe taxes they would never have had to pay.  Tax advisors
indicate that stock in taxable accounts should be evaluated
with careful planning and investors be prepared to act.

Three common tactics in the short term are discussed.

CAREER MISSION STATEMENT
SOURCE: Catherine Rains, Writing a career mission statement,
(8-6-14)
Using your results from MBTI and Strong indicator tests, she
suggest how you can fashion your own mission statement at
an early career point. 
This is when each of us are most uncertain.
I found this most thoughtful and engaging.

MISSING MICROBES – BLASER’S BOOK
SOURCE:  M. J. Blaser,
Missing Microbes:  How the overuse
Of antibiotics is fueling our modern plagues
, Henry Holt and
Company, NY, 2014

Your body is composed of an estimated 30 trillion cells,
but is host to more than 100 trillion bacterial and fungal
cells.  Thus, 70 to 90 % of all cells are nonhuman.  They
reside on every inch of our skill and in all organs.

Most of the time doctors have no idea if a patient’s illness
is caused by virus or bacteria.
Doctors have very good reason to reflexively prescribe
antibiotics for many upper respiratory tract infections–
fear of rheumatic fever.  Untreated strep can cross react with
a child’s heart muscle, joints, skin and brain…

Doctors prescribe antibiotics for strep to ward off rheumatic
fever.  While the body’s natural defenses might treat the
illness, people inevitably think that the antibiotic had made
them well.  A situation where correlations does not mean
cause and effect.

Young adults in US between 20 and 30 receive 30
courses of antibiotics before the age of 40.  Many of the
young women will be mothers and the antibiotics may affect
the next generation.  implications of this course of action
may effect obesity, asthma, cancers, GERD, CRE.

Very powerful reading for biotech and pharma workers and
interested parties.

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