Thursday, February 28, 2013

N.H. Lawmaker Says Some People Might 'Like Being In Abusive ...

Speaking out in support of a bill that would shift the penalty for simple assault from a misdemeanor crime to a violation-level offense in certain cases, a Republican legislator in New Hampshire on Tuesday suggested that "a lot of people like being in abusive relationships."

The argument was floated by state Rep. Mark Warden (R), one of only four members of the Criminal Justice and Public Safety Committee to vote in favor of the bill, which drew opposition from both law enforcement and domestic violence groups alike. By a 16-4 margin, the panel voted to recommend that the full state House shoot down the bill.

"Some people could make the argument that a lot of people like being in abusive relationships," Warden said during a meeting held by the committee. "It's a love-hate relationship. It's very, very common for people to stick around with somebody they love who also abuses him or her."

He continued, "Is the solution to those kind of dysfunctional relationships going to be more government, another law? I tend to say no. People are always free to leave."

The remark was caught on camera by the liberal advocacy group Granite State Progress and released on Wednesday afternoon.

Warden refused to address the remarks later on Tuesday.

"I'm sure it was taken out of context, but that's all Im going to say about it," Warden said, according to the Concord Monitor.

Warden could not be immediately reached by TPM for comment.

This post has been updated.

Source: http://livewire.talkingpointsmemo.com/entry/nh-lawmaker-says-some-people-might-like-being

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'DWTS' Season 16 Cast Revealed! Here's Who Will Win

Wasn't it lovely to start the day with Tom Bergeron, the reality TV host who makes Ryan Seacrest seem gloomy? If you missed Bergeron's guest spot on Tuesday's Good Morning America, then you didn't get to hear the biggest entertainment news of the day: The Season 16 Dancing With the Stars cast has been chosen, and guess who's on the list!

Source: http://www.ivillage.com/dwts-season-16-cast-revealed/1-a-524037?dst=iv%3AiVillage%3Adwts-season-16-cast-revealed-524037

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Nut-cracking monkeys use shapes to strategize their use of tools

Feb. 27, 2013 ? Bearded capuchin monkeys deliberately place palm nuts in a stable position on a surface before trying to crack them open, revealing their capacity to use tactile information to improve tool use. The results are published February 27 in the open access journal PLOS ONE by Dorothy Fragaszy and colleagues from the University of Georgia.

The researchers analyzed the monkeys' tool-use skills by videotaping adult monkeys cracking palm nuts on a surface they used frequently for the purpose. They found that monkeys positioned the nuts flat side down more frequently than expected by random chance. When placing the nuts, the monkeys knocked the nuts on the surface a few times before releasing them, after which the nuts very rarely moved.

The researchers suggest that the monkeys may have learned to optimize this tool-use strategy by repeatedly knocking the nut to achieve the stable position prior to cracking it. They conclude that the monkeys' strategic placement of the nut reveals that the monkeys pay attention to the fit between the nut and the surface each time they place the nut, and adjust their actions accordingly.

In a parallel experiment, the scientists asked blindfolded people to perform the same action, positioning palm nuts on an anvil as if to crack them with a stone or hammer. Like the monkeys, the human participants also followed tactile cues to place the nut flat-side down on the anvil.

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The above story is reprinted from materials provided by Public Library of Science.

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Journal Reference:

  1. Dorothy M. Fragaszy, Qing Liu, Barth W. Wright, Angellica Allen, Callie Welch Brown, Elisabetta Visalberghi. Wild Bearded Capuchin Monkeys (Sapajus libidinosus) Strategically Place Nuts in a Stable Position during Nut-Cracking. PLoS ONE, 2013; 8 (2): e56182 DOI: 10.1371/journal.pone.0056182

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/9aVopA3rbS4/130227183502.htm

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T-Mobile Q4 2012 revenue drops 5.2 percent to $4.9 billion, customers and income also fall

TMobile revenue drops 10 percent to $41 billion, customers and income down, too

Is it a good thing that T-Mobile's in the crosshairs of a MetroPCS merger? We'll, see, but meanwhile the operator again shed revenue, customers and profit in Q4 2012. Total revenue dropped during the quarter to $4.9 billion from $5.2 billion last year, while income was down a whopping 25.1 percent to $1.05 billion year-over-year. Meanwhile the company lost 515,000 branded contract customers compared to 492,000 last quarter, representing a 'churn' rate of 2.5 percent in that category, a slight improvement over last year. All that culminated in a rather miserable year for the carrier, which earned $424 million less than in 2011 ($4.9 billion), while showing a total loss of $6.4 billion thanks to depreciation and impairment charges. Meanwhile, parent Deutsche Telecom said recently that MetroPCS would merge with T-Mobile as early as April -- which sounds like it can't come soon enough.

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Source: T-Mobile

Source: http://www.engadget.com/2013/02/28/t-mobile-revenue-drops-5-2-percent-to-4-9-billion/

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Wednesday, February 27, 2013

NewsMaker - NBN rolls out; Small Business shrugs

Four in ten small business owners say the National Broadband Network (NBN) will not help their business according to the latest State of the Nation Report (No. 14), launched today by Michele Levine, CEO of Roy Morgan Research.

Around three in ten owners do expect a benefit, with the rest still unsure about what the business benefits will be of the Federal Government?s $37.4 billion infrastructure project.

NBN attitudes may connect to general small business opinion of the Federal Government. Small businesses in NSW and Queensland are the harshest critics of the Federal Government?s performance at fostering a climate of business growth: 61% of small businesses in these States rate the government?s performance as ?very poor?. These States also report the most scepticism of the NBN, with 43% not expecting any benefit.

Victorian and Tasmanian small businesses are the most likely to expect to benefit from the NBN (33%), with South and Western Australians least likely (24%).

Capital city small businesses are more positive about the future impact of the NBN than those in regional areas. Agriculture, Mining and Transport industry businesses are the least likely to expect a benefit to high-speed internet. However while almost half of small Mining businesses can?t see a benefit, 34% can?the highest positive reaction behind Professional Services, of whom 36% see some benefit.

As of December, 339,700 home, business or public premises have access to either fibre-to-the-premises, fixed wireless or satellite broadband.

However only 72,400 of these are the fibre connections which will ultimately reach 93% of Australian premises.

NBN Co expects fibre to be available to almost another 270,000 premises by mid-2013. The rollout plans to reach over another 3 million premises in the next two years, with completion by 2021 and recovery of costs by 2033.

?Do you expect the NBN to benefit or be useful to your business??


Base: Small Businesses. Source: Roy Morgan Research Business Survey; 12 months to December 2012.

Roy Morgan?s State of the Nation Report for Australia includes an extensive spotlight on Small Business attitudes and behaviours.

Businesses with fewer than 20 employees constitute 95.6% of Australian businesses and employ 47% of the workforce.

The spotlight covers demographic profiling of owners and operators, their attitudes to national and personal issues, business performance and outlook factors, finances and B2B relationships.

Michele Levine, Roy Morgan Research, says:

?

?Apart from providing almost half of all paid employment, small businesses generate competition, entrepreneurialism and creativity that can offset economic imbalances created by big business, government or international economic conditions.

?This State of the Nation report shows that small business is currently experiencing a modest recovery from a period of relatively low Business Confidence and overall performance from mid-2011 through to late 2012.

?Most Australian small businesses currently rate the Federal Government?s performance in fostering growth as very poor. The proportion in favour of the government?s performance has been quite low since the 2010 Federal Election.?

Source: http://www.newsmaker.com.au/news/24238

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Senate panel hearing from Newtown father, doctor

WASHINGTON (AP) ? Neil Heslin says it's all about his slain son, Jesse.

Heslin, a 50-year-old construction worker, says he normally pays little attention to politics. But he was yanked painfully into the middle of the nation's gun debate last December, when his 6-year-old son, Jesse, along with 19 other first-graders and six educators, was shot dead at Sandy Hook Elementary School in Newtown, Conn.

"It's a burden, it's more than a burden on me," Heslin said in an interview Tuesday as he and three dozen others ? including other Newtown families and relatives of other mass shooting victims ? arrived in Washington for two days of lobbying lawmakers. "But I have to do it for my little boy."

Heslin is set to testify to the Senate Judiciary Committee on Wednesday in support of legislation by Sen. Dianne Feinstein, D-Calif., to ban assault weapons.

Other witnesses testifying to the Senate panel include William Begg, an emergency room doctor who treated Newtown victims that day, and U.S. attorney John Walsh from Colorado.

"Guns that are fashioned from war don't belong on the streets," Feinstein said Tuesday, acknowledging that her legislation to ban assault weapons faced difficult odds in Congress. "Maybe I've just seen too much from my days as mayor and watching this stuff for 30 years."

Feinstein, who rose to become San Francisco mayor, was on the city's board of supervisors in 1978 when Mayor George Moscone and supervisor Harvey Milk were fatally shot in City Hall.

Across the Capitol on Wednesday, the House Education and Workforce Committee planned to hear from school safety experts and counselors about how to keep students safe.

Witnesses testifying to the Republican-controlled House panel were expected to emphasize the role of school resource officers ? security professionals who are often armed and can double as informal counselors and liaisons to law enforcement. Those officers are commonplace in many schools and help officials develop safety plans.

Mo Canady, executive director of the National Association of School Resource Officers, was among those slated to testify, along with a school counselor and a school safety director.

Heslin and his group met with around six lawmakers and aides Tuesday, mostly Senate Democrats from Republican-leaning states. Participants said House Majority Leader Eric Cantor, R-Va., said he would try to help and Senate Majority Leader Harry Reid, D-Nev., expressed optimism that the Senate would produce gun legislation, but neither committed to anything specific.

In his prepared Senate testimony, Heslin said he's been told his son died yelling to people to run. He said Jesse was hit by one bullet grazing the side of his head, another hitting his forehead.

"That means the last thing my son did was look Adam Lanza straight in the face and scream to his classmates to run," Heslin said, referring to the 20-year-old who committed the massacre. "The last thing he saw was that coward's eyes."

Despite the raw emotion, Feinstein's effort to ban assault weapons is expected to fall short due to opposition by the National Rifle Association and many Republicans, plus wariness by moderate Democrats.

Feinstein's bill has attracted 21 co-sponsors, all Democrats. Including herself, it is sponsored by eight of the 10 Judiciary panel Democrats ? precarious for a committee where Democrats outnumber Republicans 10-8. Democrats on the panel who haven't co-sponsored the measure include the chairman, Pat Leahy of Vermont, who said Monday he hadn't seen the bill.

President Barack Obama made bans on assault weapons and large capacity magazines key parts of the gun curbs he proposed in January in response to the Connecticut school massacre.

The cornerstone of his package is a call for universal background checks for gun buyers, some version of which seems to have a stronger chance of moving through Congress. Currently, only sales by federally licensed gun dealers require such checks, which are designed to prevent criminals and others from obtaining firearms.

Obama also proposed providing more money to school districts to hire school resource officers and counselors and take other safety steps.

Feinstein's bill would ban future sales of assault weapons and magazines carrying more than 10 rounds of ammunition but exempt those that already exist. It would bar sales, manufacturing and imports of semiautomatic rifles and pistols that can use detachable magazines and have threaded barrels or other military features. The measure specifically bans 157 firearms but excludes 2,258 others in an effort to avoid barring hunting and sporting weapons.

Feinstein, who helped create a 1994 assault weapons ban that expired in 2004, and other supporters cite studies showing use of the firearms in crimes diminished while the prohibition lasted. A 2004 report said the proportion of gun crimes involving assault weapons dropped by up to 72 percent in five cities studied.

Opponents cite data from that same study showing assault weapons were used in only 2 percent to 8 percent of gun crimes, arguing that a ban would have little impact. The study also estimated there were 1.5 million assault weapons owned privately in the U.S. in 1994, and an estimated 30 million high-capacity magazines as of 1999, which critics say means exempting them would diminish a ban's effect

Source: http://news.yahoo.com/senate-panel-hearing-newtown-father-doctor-085217176--politics.html

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Wary of crises, Americans tune out budget cut talk

House Speaker John Boehner, R-Ohio wraps up a news conference on Capitol Hill in Washington, Tuesday, Feb. 26, 2013, where he and GOP leaders challenged President Obama and the Senate to avoid the automatic spending cuts set to take effect in four days. Boehner complained that the House, with Republicans in the majority, has twice passed bills that would replace the across-the-board cuts known as the "sequester" with more targeted reductions, while the Senate, controlled by the Democrats, has not acted. He is followed by Rep. Lynn Jenkins, R-Kansas is at left. (AP Photo/J. Scott Applewhite)

House Speaker John Boehner, R-Ohio wraps up a news conference on Capitol Hill in Washington, Tuesday, Feb. 26, 2013, where he and GOP leaders challenged President Obama and the Senate to avoid the automatic spending cuts set to take effect in four days. Boehner complained that the House, with Republicans in the majority, has twice passed bills that would replace the across-the-board cuts known as the "sequester" with more targeted reductions, while the Senate, controlled by the Democrats, has not acted. He is followed by Rep. Lynn Jenkins, R-Kansas is at left. (AP Photo/J. Scott Applewhite)

Senate Minority Leader Mitch McConnell of Ky., and the Senate GOP leadership, face reporters on Capitol Hill in Washington, Tuesday, Feb. 26, 2013, to answer questions on the looming automatic spending cuts, following the weekly Republican strategy session. (AP Photo/J. Scott Applewhite)

Senate Majority Leader Harry Reid of Nev. answers questions on the looming automatic spending cuts following a Democratic strategy session, Tuesday, Feb. 26, 2013, on Capitol Hill in Washington. Reid also responded to House Speaker John Boehner who used salty language earlier in the day to prod the Senate to act on legislation to replace the automatic spending cuts known as the sequester. (AP Photo/J. Scott Applewhite)

(AP) ? President Barack Obama is pulling out all the stops to warn just what could happen if automatic budget cuts kick in. Americans are reacting with a collective yawn.

They know the shtick: Obama raises the alarm, Democrats and Republicans accuse each other of holding a deal hostage, there's a lot of yelling on cable news, and then finally, when everyone has made their points, a deal is struck and the day is saved.

Maybe not this time. Two days before $85 billion in cuts are set to hit federal programs with all the precision of a wrecking ball, there are no signs that the White House and Republicans in Congress are even negotiating. Both sides appear quietly resigned to the prospect that this is one bullet we just may not dodge.

Still, for all the grim predictions, Americans seem to be flipping the channel to something a little less, well, boring. They wonder, haven't we been here before?

It's like deja vu, says Patrick Naylon, who runs an audiovisual firm in San Francisco: "The same stuff, over and over again."

Texas native Corby Biddle, 53, isn't losing sleep over the cuts. No way the government will let vital services collapse, he said as he visited tourist attractions this week in downtown Atlanta.

"It will get resolved. They will kick the can down the road," Biddle said.

Usually, that's exactly what happens. Even the cuts behind the current panic were originally supposed to kick in on Jan. 1 ? part of the fiscal-cliff combo of spending cuts and tax hikes that economists warned could nudge the nation back into recession. For all the high drama, lawmakers finally acted on New Year's Day, compromising on taxes and punting the spending cuts to March 1.

And the blunt instrument known as the "sequester" that's set to deliver the cuts? That too was the progeny of another moment of government-by-brinksmanship, a concession that in 2011 made possible the grand bargain that saved the U.S. from a first-ever default on its debt.

Even if the current cuts go through, the impact won't be immediate. Federal workers would be notified next week that they will have to take up to a day every week off without pay, but the furloughs won't start for a month due to notification requirements. That will give negotiators some breathing room to keep working on a deal.

But you can only cry wolf so many times before people just stop paying attention.

"I know you guys must get tired of it," Obama told a crowd in Virginia on Tuesday. "Didn't we just solve this thing? Now we've got another thing coming up?"

Three out of 4 Americans say they aren't following the spending cuts issue very closely, according to a Pew Research Center poll released this week. It's a significant drop from the nearly 4 in 10 who in December said they were closely following the fiscal-cliff debate.

Public data from Google's search engine shows that at its peak in December, the search term "fiscal cliff" was about 10 times as popular as "sequestration" has been in recent days. Even "debt ceiling," not a huge thriller for the web-surfing crowd, maxed out in July 2011 at about three times the searches the sequester is now getting.

"We're now approaching the next alleged deadline of doom. And voters, having been told previously that the world might end, found it did not in the past and are becoming more skeptical that it will in the future," said Peter Brown of the nonpartisan Quinnipiac University Polling Institute.

And let's face it: When it comes to policy issues that can really put an audience to sleep, "sequestration" is right up there with filibuster reform, chained CPI and carried interest.

For all the angst about layoffs, furloughs and slashes to government contracts, the markets don't seem to be rattled, either. The Dow Jones Industrial Average, after falling below 13,000 at the height of the fiscal cliff debacle, has been buoyant ever since, spending the last month hovering just below 14,000.

"I shrug my shoulders because I don't believe any of those severe cuts will go through," said Karen Jensen, a retired hospital administrator who stopped to talk in New York's Times Square. "Life goes on as it has before."

But if the Obama administration hasn't managed to convince Americans these spending cuts could be the real deal, it's not for lack of trying.

Each day the cuts grow nearer sees a new dire warning from the White House about another government function that will take a hit if they go into effect ? what White House chief of staff Denis McDonough has called a "devastating list of horribles." Homeland Security Secretary Janet Napolitano warned Monday that her agency will be forced to furlough 5,000 border patrol agents. Education Secretary Arne Duncan has said 70,000 preschool kids could be removed from Head Start. Fewer air traffic controllers could mean 90-minute delays or longer in major cities, and visiting hours at all 398 national parks are likely to be cut, the administration has said.

The White House has circulated 51 reports ? one for each state, plus the District of Columbia ? localizing the effects of the cuts. On Tuesday, Obama took his cautionary tale to a shipbuilding site in Newport News, Va., calling attention to how the cuts could impede the military. The White House says in Virginia alone, about 90,000 civilians working for the Defense Department would be furloughed, for a nearly $650 million reduction in gross pay.

"The president needs to stop campaigning, stop trying to scare the American people, stop trying to scare the states," Republican Gov. Bobby Jindal of Louisiana said Monday after governors from both parties met with Obama behind closed doors. "Now's the time to cut spending. It can be done without jeopardizing the economy. It can be done without jeopardizing critical services."

The age-old Republican desire for a scaled-back federal government makes it clear why, on the one hand, the GOP isn't scrambling to avert the cuts ? especially when Obama insists on more tax revenues in any deal to turn them off. On the other hand, Obama is banking on polls that show if the cuts go through, Republicans are likely to bear most of the blame.

Both parties agree that if you're going to cut spending, an indiscriminate mechanism like the sequester is the wrong way to do it. After all, the whole point of the endeavor was to set in motion ramifications so unbearable that lawmakers would be forced to come together and hash out a better plan before the deadline.

Count James Ford of Louisville, Ky., among those still holding out hope.

"They'll come up with something to keep the thing going," he said. "They always do."

___

Associated Press writers Jeff Martin in Atlanta, Jake Pearson in New York and Dylan Lovan in Louisville, Ky., contributed to this report.

___

Reach Josh Lederman on Twitter at http://twitter.com/joshledermanAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-02-27-US-Budget-Battle-Crisis-Fatigue/id-6f49e5b15f2341808dfb6b99bd6f0468

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Launched the Saudi Aramco-KAIST CO2 Management Center in Korea

Launched the Saudi Aramco-KAIST CO2 Management Center in Korea [ Back to EurekAlert! ] Public release date: 26-Feb-2013
[ | E-mail | Share Share ]

Contact: Lan Yoon
hlyoon@kaist.ac.kr
82-423-502-295
The Korea Advanced Institute of Science and Technology (KAIST)

Daejeon, Republic of Korea, February 26, 2013The Korea Advanced Institute of Science and Technology (KAIST) and Saudi Aramco, a global energy and petrochemicals enterprise, signed on February 20th, 2013 the Master Research and Collaboration Agreement (the Agreement) on joint collaborations in research and development of carbon management between the two entities.

The Agreement was subsequently concluded upon the signing of the Memorandum of Understanding (MOU) between KAIST and Saudi Aramco, dated January 7th, 2013. In the Agreement, the two organizations specified terms and conditions necessary to conduct joint research projects and stipulated governing body for the operation of the Saudi Aramco-KAIST CO2 Management Center.

KAIST and Saudi Aramco, a national oil company for Saudi Arabia, entered into the MOU, in which the two parties shared a common interest in addressing the issue of CO2 capture, CO2 storage, CO2 avoidance using efficiency improvements, and converting CO2 into useful chemicals and other materials, and agreed to "create a major research center for CO2" in Korea.

As envisioned by the MOU and its subsequent agreement, KAIST and Saudi Aramco decided to operate an interim office of the Saudi Aramco-KAIST CO2 Management Center at KAIST campus in Daejeon, Korea, pending the establishment of the research center. The full-fledged, independent research facility will be built at a location and during a period to be agreed between the two parties.

Following the signing of the Agreement, there was a celebration event taken place, including a signboard hanging ceremony for the interim research office. A 10-member delegation from Saudi Aramco, which was headed by Vice President of Engineering Services Samir Al-Tubayyeb, Dr. Nam-Pyo Suh, former president of KAIST, Vice President of Research at KAIST Kyung-Wook Paik, and senior representatives from Korean oil and petrochemical companies such as S-Oil, Lotte Chemicals, SK Innovation, and STX attended the event.

Kyung-Wook Paik, Vice President of Research at KAIST, said,

"In order to help find solutions to carbon management, KAIST and Saudi Aramco will facilitate to exchange each party's complementary technical expertise, gain insight into new research fields, and have access to key sources of talent, while promoting innovation for technology solutions and contributing to the lifelong learning agenda of both organizations."

Samir Al-Tubayyeb, Vice President of Engineering Services at Saudi Aramco, added that "As a world-leading oil and gas company, Saudi Aramco's mission is to promote the continued use of safe, environmentally-friendly petroleum products with a vision to becoming a global leader in research and technology. Building a strong and cooperative relationship with KAIST in our endeavor to search for alternative ways to better utilization of fossil fuels will expedite the creation of opportunities to make the world environmentally safer and sustainable."

KAIST and Saudi Aramco will each chip in a maximum of USD 5 million annually for the establishment and operation of the Saudi Aramco-KAIST CO2 Management Center during the initial term of the Master Research and Collaboration Agreement, which starts in 2013 and continues through 2018.

###



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Launched the Saudi Aramco-KAIST CO2 Management Center in Korea [ Back to EurekAlert! ] Public release date: 26-Feb-2013
[ | E-mail | Share Share ]

Contact: Lan Yoon
hlyoon@kaist.ac.kr
82-423-502-295
The Korea Advanced Institute of Science and Technology (KAIST)

Daejeon, Republic of Korea, February 26, 2013The Korea Advanced Institute of Science and Technology (KAIST) and Saudi Aramco, a global energy and petrochemicals enterprise, signed on February 20th, 2013 the Master Research and Collaboration Agreement (the Agreement) on joint collaborations in research and development of carbon management between the two entities.

The Agreement was subsequently concluded upon the signing of the Memorandum of Understanding (MOU) between KAIST and Saudi Aramco, dated January 7th, 2013. In the Agreement, the two organizations specified terms and conditions necessary to conduct joint research projects and stipulated governing body for the operation of the Saudi Aramco-KAIST CO2 Management Center.

KAIST and Saudi Aramco, a national oil company for Saudi Arabia, entered into the MOU, in which the two parties shared a common interest in addressing the issue of CO2 capture, CO2 storage, CO2 avoidance using efficiency improvements, and converting CO2 into useful chemicals and other materials, and agreed to "create a major research center for CO2" in Korea.

As envisioned by the MOU and its subsequent agreement, KAIST and Saudi Aramco decided to operate an interim office of the Saudi Aramco-KAIST CO2 Management Center at KAIST campus in Daejeon, Korea, pending the establishment of the research center. The full-fledged, independent research facility will be built at a location and during a period to be agreed between the two parties.

Following the signing of the Agreement, there was a celebration event taken place, including a signboard hanging ceremony for the interim research office. A 10-member delegation from Saudi Aramco, which was headed by Vice President of Engineering Services Samir Al-Tubayyeb, Dr. Nam-Pyo Suh, former president of KAIST, Vice President of Research at KAIST Kyung-Wook Paik, and senior representatives from Korean oil and petrochemical companies such as S-Oil, Lotte Chemicals, SK Innovation, and STX attended the event.

Kyung-Wook Paik, Vice President of Research at KAIST, said,

"In order to help find solutions to carbon management, KAIST and Saudi Aramco will facilitate to exchange each party's complementary technical expertise, gain insight into new research fields, and have access to key sources of talent, while promoting innovation for technology solutions and contributing to the lifelong learning agenda of both organizations."

Samir Al-Tubayyeb, Vice President of Engineering Services at Saudi Aramco, added that "As a world-leading oil and gas company, Saudi Aramco's mission is to promote the continued use of safe, environmentally-friendly petroleum products with a vision to becoming a global leader in research and technology. Building a strong and cooperative relationship with KAIST in our endeavor to search for alternative ways to better utilization of fossil fuels will expedite the creation of opportunities to make the world environmentally safer and sustainable."

KAIST and Saudi Aramco will each chip in a maximum of USD 5 million annually for the establishment and operation of the Saudi Aramco-KAIST CO2 Management Center during the initial term of the Master Research and Collaboration Agreement, which starts in 2013 and continues through 2018.

###



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-02/tkai-lts022613.php

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Researchers test holographic technique for restoring vision

Feb. 26, 2013 ? Researchers led by biomedical engineering Professor Shy Shoham of the Technion-Israel Institute of Technology are testing the power of holography to artificially stimulate cells in the eye, with hopes of developing a new strategy for bionic vision restoration.

Computer-generated holography, they say, could be used in conjunction with a technique called optogenetics, which uses gene therapy to deliver light-sensitive proteins to damaged retinal nerve cells. In conditions such as Retinitis Pigmentosa (RP) -- a condition affecting about one in 4000 people in the United States -- these light-sensing cells degenerate and lead to blindness.

"The basic idea of optogenetics is to take a light-sensitive protein from another organism, typically from algae or bacteria, and insert it into a target cell, and that photosensitizes the cell," Shoham explained.

Intense pulses of light can activate nerve cells newly sensitized by this gene therapy approach. But Shoham said researchers around the world are still searching for the best way to deliver the light patterns so that the retina "sees" or responds in a nearly normal way.

The plan is to someday develop a prosthetic headset or eyepiece that a person could wear to translate visual scenes into patterns of light that stimulate the genetically altered cells.

In their paper in the Feb. 26 issue of Nature Communications, the Technion researchers show how light from computer-generated holography could be used to stimulate these repaired cells in mouse retinas. The key, they say, is to use a light stimulus that is intense, precise, and can trigger activity across a variety of cells all at once.

"Holography, what we're using, has the advantage of being relatively precise and intense," Shoham said. "And you need those two things to see."

The researchers turned to holography after exploring other options, including laser deflectors and digital displays used in many portable projectors to stimulate these cells. Both methods had their drawbacks, Shoham said.

Digital light displays can stimulate many nerve cells at once, "but they have low light intensity and very low light efficiency," Shoham said. The genetically repaired cells are less sensitive to light than normal healthy retinal cells, so they preferably need a bright light source like a laser to be activated.

"Lasers give intensity, but they can't give the parallel projection" that would simultaneously stimulate all of the cells needed to see a complete picture, Shoham noted. "Holography is a way of getting the best of both worlds."

The researchers have tested the potential of holographic stimulation in retinal cells in the lab, and have done some preliminary work with the technology in living mice with damaged retinal cells. The experiments show that holography can provide reliable and simultaneous stimulation of multiple cells at millisecond speeds.

But implementing a holographic prosthesis in humans is far in the future, Shoham cautioned.

His team is exploring other ways, aside from optogenetics, to activate damaged nerve cells. For instance, they are also experimenting with ultrasound for activating retinal and brain tissue.

And Shoham said holography itself "also provides a very interesting path toward three-dimensional stimulation, which we don't use so much in the retina, but is very interesting in other projects where it allow us to stimulate 3-D brain tissue."

In mid-February, the U.S. Food and Drug Administration approved the first artificial retina and retinal prosthesis, which works in a different fashion than the Technion project. The FDA-approved device, the Argus II, uses an artificial "retina" consisting of electrodes, and a glasses-like prosthesis to transmit light signals to the electrodes.

"I think Shy's lab is very smart to pursue many methods of restoring vision," said Eyal Margalit, a retinal disease specialist at the University of Nebraska Medical Center. He said researchers around the world are also looking for ways to use stem cells to replace damaged retinal cells, to transplant entire layers of healthy retinal cells, and in some cases "bypass the eye entirely, and stimulate the cortex of the brain directly" to restore lost vision.

Shoham's co-authors on the paper included Dr. Inna Reutsky-Gefen, Lior Golan, Dr. Nairouz Farah, Adi Schejter, Limor Tsur, and Dr. Inbar Brosh.

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The above story is reprinted from materials provided by American Technion Society. The original article was written by Kevin Hattori.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Inna Reutsky-Gefen, Lior Golan, Nairouz Farah, Adi Schejter, Limor Tsur, Inbar Brosh, Shy Shoham. Holographic optogenetic stimulation of patterned neuronal activity for vision restoration. Nature Communications, 2013; 4: 1509 DOI: 10.1038/ncomms2500

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/strange_science/~3/G1QOPaftAZc/130226134259.htm

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The Golden Truth: "Game On" For Gold And Silver!

The emergence of technical fund and speculative short selling has created the finishing touches to a market structure set up that is good to go in gold and maybe in silver as well... The bottom line is that an important price low is being put in, if it has not been seen already. - Ted Butler
My corollary to Ted Butler's statement is:? outside of 2001 and October 2008, right now is currently the single best time to invest in the precious metals and mining stock sector over the course of this 12-yr - so far - bull market.? What makes now potentially more compelling than 2001 and 2008 is that the fundamental reasons for investing in this sector are stronger than at any time over the last 12 years.

Here's just one example:? back in 2001, the notion of a global currency debasement war was nothing more than the fantasy of gloom and doom conspiracy theorists.? Today, the world is in the middle of a currency war that intensifies with every official pronouncement that denies its existence (see the recent G-20 statement).

I wanted to follow up on my article last week that analyzed the Comex Commitment of Traders (COT) for gold futures. I had suggested the likelihood that the recent increase in the gold futures short position of the large hedge funds, and the concomitant large reduction in the net short position of the commercial traders (mainly the bullion banks), was a signal that this vicious price correction in gold/silver is nearly over.

The COT report released Friday (through Tuesday's cut-off day) was nothing short of stunning. I knew the hedge funds were piling onto the short side of gold and silver, and that's why the metals have been getting slaughtered recklessly like this. But the increase in the hedge fund gold short position is unprecedented, as far as I know.?? You can read my latest analysis here:? Holy Hedge Fund Shorting

We probably won't see an immediate "V" type move here (although I wouldn't rule it out).? The large hedge funds have no choice but to defend their massive short position.? But as the physical market off-take intensifies - India and Asia have both been buying hand-over-fist over the last week (and that's physical off-take, not fraudulent paper contracts).? But, as the impending move higher builds momentum and pushes through key technical price points, the scramble by the hedge funds and small speculators to cover their unprecedented short position will ignite a move that will be explosive.

Source: http://truthingold.blogspot.com/2013/02/game-on-for-gold-and-silver.html

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Tuesday, February 26, 2013

Pain from the brain: Diseases formerly known as 'hysterical' illnesses

Feb. 24, 2013 ? Psychogenic diseases, formerly known as 'hysterical' illnesses, can have many severe symptoms such as painful cramps or paralysis but without any physical explanation. However, new research from the University of Cambridge and UCL (University College London) suggests that individuals with psychogenic disease, that is to say physical illness that stems from emotional or mental stresses, do have brains that function differently. The research was published February 25, in the journal Brain.

Psychogenic diseases may look very similar to illnesses caused by damage to nerves, the brain or the muscles, or similar to genetic diseases of the nervous system. However, unlike organic diseases, psychogenic diseases do not have any apparent physical cause, making them difficult to diagnose and even more difficult to treat.

"The processes leading to these disorders are poorly understood, complex and highly variable. As a result, treatments are also complex, often lengthy and in many cases there is poor recovery. In order to improve treatment of these disorders, it is important to first understand the underlying mechanism," said Dr James Rowe from the University of Cambridge.

The study looked at people with either psychogenic or organic dystonia, as well as healthy people with no dystonia. Both types of dystonia caused painful and disabling muscle contractions affecting the leg. The organic patient group had a gene mutation (the DYT1 gene) that caused their dystonia. The psychogenic patients had the symptoms of dystonia but did not have any physical explanation for the disease, even after extensive investigations.

The scientists performed PET brain scans on the volunteers at UCL, to measure the blood flow and brain activity of both of the groups, and healthy volunteers. The participants were scanned with three different foot positions: resting, moving their foot, and holding their leg in a dystonic position. The electrical activity of the leg muscles was measured at the same time to determine which muscles were engaged during the scans.

The researchers found that the brain function of individuals with the psychogenic illness was not normal. The changes were, however, very different from the brains of individuals with the organic (genetic) disease.

Dr Anette Schrag, from UCL, said: "Finding abnormalities of brain function that are very different from those in the organic form of dystonia opens up a way for researchers to learn how psychological factors can, by changing brain function, lead to physical problems."

Dr Rowe added: "What struck me was just how very different the abnormal brain function was in patients with the genetic and the psychogenic dystonia. Even more striking was that the differences were there all the time, whether the patients were resting or trying to move."

Additionally, the researchers found that one part of the brain previously thought to indicate psychogenic disease is unreliable: abnormal activity of the prefrontal cortex was thought to be the hallmark of psychogenic diseases. In this study, the scientists showed that this abnormality is not unique to psychogenic disease, since activity was also present in the patients with the genetic cause of dystonia when they tried to move their foot.

Dr Arpan Mehta, from the University of Cambridge, said: "It is interesting that, despite the differences, both types of patient had one thing in common -- a problem at the front of the brain. This area controls attention to our movements and although the abnormality is not unique to psychogenic dystonia, it is part of the problem."

This type of illness is very common. Dr Schrag said: "One in six patients that see a neurologist has a psychogenic illness. They are as ill as someone with organic disease, but with a different cause and different treatment needs. Understanding these disorders, diagnosing them early and finding the right treatment are all clearly very important. We are hopeful that these results might help doctors and patients understand the mechanism leading to this disorder, and guide better treatments."

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The above story is reprinted from materials provided by University of Cambridge. The original story is licensed under a Creative Commons Licence.

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Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/health_medicine/genes/~3/1FMDTf7Ajyk/130225092250.htm

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DoubleTwist Teams Up With Qualcomm On Open Source AirPlay Alternative, ?MagicPlay?

doubletwistscreenshotsDoubleTwist, an iTunes alternative for the Android ecosystem, has teamed up with chipmaker Qualcomm on the release of "MagicPlay," which the two companies are describing as an open source media streaming platform meant to challenge Apple's AirPlay. The technology is built on Qualcomm's AllJoyn protocol, a mesh networking platform that has been in development for several years, but which has yet to achieve serious OEM or consumer adoption.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/7iq-IJ2593o/

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Samsung To Debut Its New Galaxy S In New York On March 14 As Rivalry With Apple Heats Up

Image (1) samsung-logo-big-blue.jpg for post 323132It appears that Samsung has once again joined a growing list of companies that have decided not to release their flagship devices at Mobile World Congress. Reuters reports that the South Korean electronics giant said it will launch its new Galaxy S smartphone on March 14 in New York after requests from U.S. carriers. We've emailed Samsung for confirmation.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jNwf3NEmyhU/

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'Watchful Waiting' Best for Ear Infections

In an effort to rein in antibiotic use, the American Academy of Pediatrics has issued stricter guidelines on diagnosing and treating ear infections in kids.

The updated guidelines, published in the March issue of the journal Pediatrics, also added a recommendation against prophylactic antibiotic use in kids with recurrent ear infections.

Read this story on www.medpagetoday.com.

The 2013 guidelines are specifically for uncomplicated acute otitis media at ages 6 months to 12 years in otherwise healthy children without tympanostomy tubes, anatomic abnormalities such as cleft palate or Down syndrome, immune deficiencies or cochlear implants.

"We've been waiting for these guidelines for some time," said Dr. Andrew Hertz, medical director of the University Hospitals Rainbow Care Network in Cleveland.

"There's been a movement for a number of years for pediatricians to provide less antibiotics for ear infections and simply observe those children with mild findings on physical examination," he explained in an interview.

"Hopefully, now that there is a practice guideline ... that you don't have to prescribe an antibiotic for every ear infection, this will decrease the use of antibiotics and thereby make antibiotics more successful and more useful when they are prescribed."

The pediatrics organization also cited overdiagnosis, "often without adequate visualization of the tympanic membrane," as a problem.

The 2004 guidelines used a three-part definition for acute otitis media: Acute onset of symptoms; acute middle ear inflammation; and middle ear effusion. The 2013 update also requires middle ear effusion for diagnosis, but it now has to be based on tympanometry or pneumatic otoscopy.

Although early acute otitis media can occur without effusion, the guidelines committee acknowledged, "the risk of overdiagnosis supersedes that concern."

They suggested that clinicians should be aware as they use these criteria that recent onset of ear pain and intense erythema of the ear drum can be the only otoscopic finding.

Other diagnostic criteria are: Moderate to severe bulging of the tympanic membrane or new onset of discharge not due to an infected ear canal; and mild bulging of the ear drum and onset of ear pain within 48 hours, which could be indicated by holding, tugging, rubbing of the ear for nonverbal children, or intense redness of the tympanic membrane.

Antibiotics should be given for severe cases of bilateral or unilateral acute otitis media for children 6 months or older based on ear pain that is moderate or severe, lasts for at least 48 hours, or is accompanied by a temperature of 102.2 degrees or higher.

For less severe cases, watchful waiting could be offered instead of antibiotics in joint decision-making with parents or caregivers. However, kids ages 6 to 23 months with both ears affected should be given antibiotics.

"When observation is used, a mechanism must be in place to ensure follow-up and begin antibiotic therapy if the child worsens or fails to improve within 48 to 72 hours of onset of symptoms," the guidelines noted.

Another change in the 2004 guidelines addressed recurrent acute otitis media, defined as three episodes in 6 months or four in the prior year with one in the past 6 months.

Prophylactic antibiotics shouldn't be prescribed to reduce recurrences, according to the AAP. However, these children may be offered the option of tympanostomy tubes.

These practice patterns should decrease use of antibiotics with the benefit of fewer adverse effects, such as diarrhea and allergic reactions, and decreased potential for bacterial resistance, the guidelines noted.

When antibiotics are given, amoxicillin remains the first-line agent, with drugs with additional beta-lactamase coverage selected for kids who have already had it in the prior month or are allergic to penicillin.

Physicians should recommend the pneumococcal conjugate vaccine and annual flu shot for all children, which can help reduce acute otitis media associated with those infections, the guidelines noted.

Source: http://abcnews.go.com/Health/watchful-waiting-best-ear-infections-pediatricians/story?id=18589352

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Taking the gamble out of DNA sequencing: How much can be learned in a large-scale experiment

Feb. 24, 2013 ? Two USC scientists have developed an algorithm that could help make DNA sequencing affordable enough for clinics -- and could be useful to researchers of all stripes.

Andrew Smith, a computational biologist at the USC Dornsife College of Letters, Arts and Sciences, developed the algorithm along with USC graduate student Timothy Daley to help predict the value of sequencing more DNA, to be published in Nature Methods on February 24.

Extracting information from the DNA means deciding how much to sequence: sequencing too little and you may not get the answers you are looking for, but sequence too much and you will waste both time and money. That expensive gamble is a big part of what keeps DNA sequencing out of the hands of clinicians. But not for long, according to Smith.

"It seems likely that some clinical applications of DNA sequencing will become routine in the next five to 10 years," Smith said. "For example, diagnostic sequencing to understand the properties of a tumor will be much more effective if the right mathematical methods are in place."

The beauty of Smith and Daley's algorithm, which predicts the size and composition of an unseen population based on a small sample, lies in its broad applicability.

"This is one of those great instances where a specific challenge in our research led us to uncover a powerful algorithm that has surprisingly broad applications," Smith said.

Think of it: how often do scientists need to predict what they haven't seen based on what they have? Public health officials could use the algorithm to estimate the population of HIV positive individuals; astronomers could use it to determine how many exoplanets exist in our galaxy based on the ones they have already discovered; and biologists could use it to estimate the diversity of antibodies in an individual.

The mathematical underpinnings of the algorithm rely on a model of sampling from ecology known as capture-recapture. In this model, individuals are captured and tagged so that a recapture of the same individual will be known -- and the number of times each individual was captured can be used to make inferences about the population as a whole.

In this way scientists can estimate, for example, the number of gorillas remaining in the wild. In DNA sequencing, the individuals are the various different genomic molecules in a sample. However, the mathematical models used for counting gorillas don't work on the scale of DNA sequencing.

"The basic model has been known for decades, but the way it has been used makes it highly unstable in most applications. We took a different approach that depends on lots of computing power and seems to work best in large-scale applications like modern DNA sequencing," Daley said.

Scientists faced a similar problem in the early days of the human genome sequencing project. A mathematical solution was provided by Michael Waterman of USC, in 1988, which found widespread use. Recent advances in sequencing technology, however, require thinking differently about the mathematical properties of DNA sequencing data.

"Huge data sets required a novel approach. I'm very please it was developed here at USC," said Waterman.

This research was funded by grants from the National Institutes of Health National Human Genome Research Institute (R01 HG005238 and P50 HG002790).

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The above story is reprinted from materials provided by University of Southern California, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Timothy Daley, Andrew D Smith. Predicting the molecular complexity of sequencing libraries. Nature Methods, 2013; DOI: 10.1038/nmeth.2375

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/3-uOSnhnewE/130224142825.htm

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Karolina Kurkova Dishes Married Life, Motherhood, & Naomi Feud ...

? Project Runway Elimination: Matthew Talks Country Crash & Burn | Home | The Bachelor Spoilers: Who Turns Down Sean Lowe?s Fantasy Suite Invitation? ?

February 24, 2013 10:00 AM by Donna W. Martin

The Face coach, Karolina Kurkova recently flew all the way from Milan, Italy to appear on The Tonight Show with Jay Leno where she had a lot to say about married life, motherhood, and last but not least, the infamous Naomi feud that sparked when Karolina eliminated one of Naomi?s team members, Aleksandra Dubrovskaya. Keep reading for more details.

According to NBC, Karolina gushed about her husband saying, ?He is amazing.? And even though he?s a former Marine who fought in Desert Storm, she?s more of the Marine around the house. ?He?s not so organized,? she said. ?I?m more the Marine in the family than he is?when you think of Marines, you think of the movies.? She explained, ?I thought I was going to wake up, the bed?s going to be all tucked in and perfect, my shoes will be all polished?No, I?m the Marine and keep the family organized. He?s more last minute,? she said. But any time she needs him or there?s something to do for the family, ?he comes through.? And when it comes to their sex life, she admits she?s the one that takes charge, ?I?m like we?re doing it now. Let?s go! Come on, come on baby,? she quipped.

Karolina also talked about her three-year-old son, Tobin. ?He?s got a lot of personality,? she said. ?He?s not shy and he calls himself a rock star. His favorite thing is the Gangnam Style song ? he plays it all the time, super loud.? But he can?t quite pronounce Gangnam Style so he calls it ?como estas.? She explained, ?He goes around the playground with my iPhone?really loud and he goes to all the kids [jamming out and saying] como estas, como estas.? And while his singing is super cute, Karolina said his Gangnam Style dance is even cuter. Instead of looking like the horse, his dance looks ?like an elephant. It?s so cute. He?s amazing.?

Then Karolina talked about Oxygen?s new show, The Face. And when Leno asked if she thought Naomi was ?high strung? Karolina said, ?We are definitely very passionate coaches. And being a mom to a three-year-old prepared me for a lot of things.?

On the show?s premiere, Team Karolina won the campaign challenge, which meant Naomi and Coco had to choose one of their models to put up for elimination. And when Karolina chose to eliminate Naomi?s model, Aleksandra Dubrovskaya, she didn?t take the news too well. ?I am disappointed in your choice, Karolina,? she said. ?It?s game on from now on!?

What do you think of what Karolina had to say about her feud with Naomi? Do you think she meant to imply that Naomi acts like a three-year-old? And do you think we will see the claws come out even more as the season progresses? Post a comment and let us know.

Want more? Follow our tweets on Twitter and like us on Facebook!. Click here for more information about The Face. For other great reality TV news, please feel free to check out SirLinksAlot: Reality TV.

Photo Credit: NBC

Topics: Oxygen Reality TV Shows, The Face |

? Project Runway Elimination: Matthew Talks Country Crash & Burn | Home | The Bachelor Spoilers: Who Turns Down Sean Lowe?s Fantasy Suite Invitation? ?

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Source: http://realitytvmagazine.sheknows.com/2013/02/24/karolina-kurkova-dishes-married-life-motherhood-naomi-feud/

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Monday, February 25, 2013

Madness Asylum Exercise routine ? The most effective Fitness ...

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If yourrrve been seeing the fitness center or simply a gymnasium for ones physical fitness and also achieving absolutely no wherein vengeance famous an individual?s time and energy. Have a Slim and Sexy body while using the Quintessential Cardiovascular Workout regime:That Madness:That Madness: The supreme Aerobic exercise Training not to mention Training Dvd video method is made up of 11 Dvd and is visible just by Tim L, your own instructor. A DVDs comprise cardiovascular exercise and plyometric soccer drills for kids mixed with interval training workout for muscle, electrical power, resistance, not to mention major. You will be warranted involving amazing ends up with exclusively 60 days as well as apparatus or even a weight load ordinarily are not desired. The list of 10 loco exercises are Enjoy More intense & Healthy Examine, Plyometric Cardiovascular Outlet, Aerobic Power & Reluctance, Cardio Recuperation & Greatest extent Recuperation, Organic Aerobic & Abdominal muscles, Cardio workouts Abs, Heart Cardiovascular exercises & Harmony, Fatmus Repeating Routine, Chunk Time Plyo, and even Maximum Cardio workouts Treatment & Washboard abs. Any exercises are rough however answers are outstanding as you will gain a good and then muscular physique in any short period!Ultimate Cardiovascular Workout Program too has several other Effective Equipment:This method also comes along with some other worthwhile tools it is necessary 13 Dvd. It has an High level Diet Method that could be specially engineered to get to know your bodys energy source really needs to get http://www.bestfitnessau.com all the killer workout sessions. A training instruction giving you all of right information also as an Insanity Appointment setting with regard to following improvement and additionally goal setting tips are additionally enclosed. In addition, additionally, it offers via the internet sustain provided by gurus together with associates that could be no cost along with 24/7.

Source: http://www.zabibu.org/2013/02/madness-asylum-exercise-routine-the-most-effective-fitness-program/

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Senate panel plans Tuesday vote on Lew nomination

WASHINGTON (AP) ? The chairman of the Senate Finance Committee says the committee will vote on Tuesday on the nomination of former White House chief of staff Jack Lew to be treasury secretary.

Democratic Sen. Max Baucus of Montana says Lew has answered the committee's questions "in a thorough and fully transparent manner" and the committee has conducted a "thorough review" of the nominee.

Lew would succeed Timothy Geithner in President Barack Obama's second-term Cabinet.

Some of the toughest questions he faced during his confirmation hearing dealt with his short time at Citibank. Lew was a top executive during the height of the financial crisis.

On policy matters, he addressed Europe's debt crisis, U.S.-China relations and the 2010 financial regulatory overhaul.

Source: http://news.yahoo.com/senate-panel-plans-tuesday-vote-lew-nomination-164921363--finance.html

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America`s Deplorable State of the Union

by Stephen Lendman

Obama's annual State of the Union addresses reflect beginning-to-end doublespeak duplicity. Empty rhetoric signals business as usual.

Policy prioritizes corporate empowerment, rewarding rich elites, letting popular needs go begging, funding America's war machine, and cracking down hard on non-believers.

Obama does what his supporters thought impossible. He governs to the right of George Bush. He's beholden to powerful monied interests. They own him. He's their man in Washington. Whatever they want they get.

He mocks rule of law principles. He deplores democratic values. He prioritizes wrong over right. He's waging multiple direct and proxy wars on humanity.

He's waging social and economic ones domestically. He's creating unprecedented levels of poverty, unemployment, homelessness, hunger and deprivation.

Ahead of his address, White House blog contributor Macon Phillips called it "just the beginning." Citizen Response will be introduced.

It lets listeners and viewers explain how they're "connected to (issues) and then share (what's on their mind) with friends."

Q and A will follow. Theater will substitute for substance.

Handpicked hundreds will "join a special #WHSocial in person, and 100 White House followers on Twitter, Facebook, and Google+ representing more than 20 states" nationwide.

They were "invited to watch the speech live from the White House and participate in a panel discussion."

On February 14, Obama will initiate "Fireside Hangouts." They'll imitate Franklin Roosevelt's fireside chats. He delivered dozens on radio from 1933 - 1944.

Obama's no FDR. The difference between them is stark. Obamanomics substitutes for New Deal fairness. What Roosevelt created, Obama helps put asunder. He heads a bipartisan criminal cabal.

He prioritizes the greatest wealth transfer in history. He's beholden to powerful monied interests. He's a jobs destroyer, not a creator.

He deplores people needs. He believes whatever government does, business does better so let it. Reform on his watch is a four-letter word. Social justice is verboten.

He enforces a repressive police state apparatus. Fundamental freedoms are eroding.

He's heading the nation toward insolvency, tyranny and ruin. Roosevelt promised change and delivered. Obama prioritizes it solely for rich elites, Wall Street backers, war profiteers, and other corporate favorites.

He pretends he cares. He's a con man. He calls for job creation while destroying them. Over 25 million working age Americans are unemployed. Tens of millions more are underemployed. Poor jobs substitute for decent ones.

Wages don't keep up with inflation. Benefits are disappearing. Increasingly most Americans are on their own. The worst is yet to come.

Progressive Radio News Hour regular Jack Rasmus says except for America's wealthiest 10%, median household spending lags badly.

What's occurring transacts via credit cards, installment and student loans. Incomes are inadequate. Savings are fast depleting.

"Consumer spending based on real income gains is just not happening for the middle class." Expect conditions to "seriously worsen," he warns.

Higher taxes, soaring food prices, and gasoline expected to exceed $5 a gallon by spring will hit hard.

Declining middle class income is hugely important. Inequality defines today's America. The wealthiest 1% gained enormously.

Today's fundamental cause of dire economic conditions is "long-term and continuing growth of income inequality," says Rasmus. Unprecedented wealth disparity figures reflect it.

Economist Joseph Stiglitz says America's top 1% gets around one-fourth of all annually generated income. In 1979, it was 8%. In 1928, it was 22%. It's more extreme now than ever.

It "continues to grow worse at an accelerating rate," says Rasmus. From 1993 - 2000, America's wealthiest 1% got 45% of all income growth.

From 2000 - 2008, it was 65%. In 2010, it was 93%. It comes from high pay, bonuses, capital gains, dividends, interest, rents, and other capital income forms.

At the same time, corporate profits soared. In 2011, they exceeded pre-recession 2007 levels. They've been rising at the fastest rate in 31 years.

Pre-tax, they doubled their 2008 recession low by March 2011. Achieving them involved more than increased sales. Job cuts, lower wages, fewer benefits, less working hours, other employee hardships, lower taxes, and faster depreciation rules produced them.

In 2011, profits as a percent of operating costs were their highest in over 80 years. They came at the expense of ordinary households. They sacrificed so corporate America and rich elites could gain.

Rasmus calls income inequality a "double edged sword." Over 80% of US households suffered so its wealthiest and corporate American could profit.

Middle class households are shrinking. Income inequality is longterm. High unemployment and lack of decent jobs exacerbate crisis conditions. What began decades ago is worse than ever now.

It reflects 21st century America. It's harsh, unforgiving and deplorable. Obama ignores solutions. Rhetoric substitutes for meaningful policy measures.

Helping those most in need is ignored. Austerity is prioritized when stimulus is needed. Problems fester and worsen.

On January 30, economist Richard Wolff addressed income inequality. Recent decades witnessed "a growing distance between higher and lower" levels, he said.

"Income inequality and poverty levels" grew. Western societies force-feed crushing hardships on ordinary people.

Key in capitalist societies "is how corporate boards of directors distribute (business) surplus(es) or net revenues (sales less direct production costs)."

Since the mid-1970s, real US wages for most workers stagnated or declined. At the same time, productivity rose. Corporations gained hugely. So did rich elites.

Today's inequality is greater than ever. Obama prioritizes keeping it that way. He personifies capitalism's failures. He deplores systemic change.

Expect nothing positive ahead on his watch. The worst is yet to come. Bet on it.

Stephen Lendman lives in Chicago and can be reached at lendmanstephen@sbcglobal.net #

Source: http://rss.mathaba.net/~r/MathabaNews/~3/8TYkadKh9bY/

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Italians vote in parliamentary elections

Supporters wait for Italian comic-turned-political agitator Beppe Grillo, leader of the anti-establishment 5 Star Movement, to deliver his speech at a final rally in view of the upcoming general elections, in Rome, Friday, Feb. 22, 2013. Grillo fills piazzas from Milan to Rome, from Palermo to Verona with Italians who seem to get some catharsis from his rant against politician who drove the country to the brink of financial ruin, industrial managers whose alleged shenanigans are tarnishing prized companies and bankers who aided and abetted the other two classes of powerbrokers. (AP Photo/Andrew Medichini)

Supporters wait for Italian comic-turned-political agitator Beppe Grillo, leader of the anti-establishment 5 Star Movement, to deliver his speech at a final rally in view of the upcoming general elections, in Rome, Friday, Feb. 22, 2013. Grillo fills piazzas from Milan to Rome, from Palermo to Verona with Italians who seem to get some catharsis from his rant against politician who drove the country to the brink of financial ruin, industrial managers whose alleged shenanigans are tarnishing prized companies and bankers who aided and abetted the other two classes of powerbrokers. (AP Photo/Andrew Medichini)

Italian comic-turned-political agitator Beppe Grillo, leader of the anti-establishment 5 Star Movement, delivers his speech during a final rally in view of the upcoming general elections, in Rome, Friday, Feb. 22, 2013. Grillo fills piazzas from Palermo deep in the south to Verona up north with Italians who seem to get some catharsis from his rants against the politicians who drove the country to the brink of financial ruin, the captains of industry whose alleged illegal shenanigans are tarnishing prized companies, and the bankers who aided and abetted both. (AP Photo/Andrew Medichini)

Italian center-left coalition leader Pierluigi Bersani delivers his speech during a campaign rally in Rome, Friday, Feb. 22, 2013. Amid corruption scandals, rising populist sentiment and financial hardship, Italians are voting in a watershed parliamentary election Sunday and Monday seen as a test of their will to stay the course for painful economic reforms or revert to their free spending ways of the past. Silvio Berlusconi, a billionaire forced out of office by Italy's debt crisis, is seeking a political comeback promising Italians to give them back the real estate tax they paid as part of austerity measures enacted to salvage the economy. (AP Photo/Gregorio Borgia)

Supporters wave flags in front of a giant monitor broadcasting a message by Silvio Berlusconi during a center-right coalition rally in Naples, Italy, Friday, Feb. 22, 2013. Silvio Berlusconi has skipped his last campaign rally before Italian elections because of an eye problem. The 76-year-old media mogul is trying to make a comeback, to win a fourth term as premier. He was supposed to address a rally in Naples on Friday, but instead spoke to supporters in a video message. Italian media quoted his personal doctor, Alberto Zangrillo, as saying Berlusconi was advised to skip the rally, because he has a posterior vitreous detachment in an eye. In the condition, common in the elderly, a gel-like substance naturally in the eye pulls away from the retina. (AP Photo/Salvatore Laporta)

Italian center-left coalition leader Pierluigi Bersani delivers his speech during a campaign rally in Rome, Friday, Feb. 22, 2013. Amid corruption scandals, rising populist sentiment and financial hardship, Italians are voting in a watershed parliamentary election Sunday and Monday seen as a test of their will to stay the course for painful economic reforms or revert to their free spending ways of the past. Silvio Berlusconi, a billionaire forced out of office by Italy's debt crisis, is seeking a political comeback promising Italians to give them back the real estate tax they paid as part of austerity measures enacted to salvage the economy. (AP Photo/Gregorio Borgia)

ROME (AP) ? Will Italy stay the course with painful economic reform? Or fall back into the old habit of profligacy and inertia? These are the stakes as Italy votes in a watershed parliamentary election Sunday and Monday that could shape the future of one of Europe's biggest economies.

Fellow EU countries and investors are watching closely, as the decisions that Italy makes over the next several months promise to have a profound impact on whether Europe can decisively put out the flames of its financial crisis. Greece's troubles in recent years were enough to spark a series of market panics. With an economy almost 10 times the size of Greece's, Italy is simply too big a country for Europe, and the world, to see fail.

Leading the electoral pack is Pier Luigi Bersani, a former communist who has shown a pragmatic streak in supporting tough economic reforms spearheaded by incumbent Mario Monti. On Bersani's heels is Silvio Berlusconi, the billionaire media mogul seeking an unlikely political comeback after being forced from the premiership by Italy's debt crisis. Monti, while widely credited with saving Italy from financial ruin, is trailing badly as he pays the price for the suffering caused by austerity measures.

Then there's the wild card: comic-turned-politician Beppe Grillo, whose protest movement against the entrenched political class has been drawing tens of thousands to rallies in piazzas across Italy. If his self-styled political "tsunami" sweeps into Parliament with a big chunk of seats, Italy could be in store for a prolonged period of political confusion that would spook the markets.

While a man of the left, Bersani has shown himself to have a surprising amount in common with the center-right Monti ? and the two have hinted at the possibility of teaming up in a coalition. Bersani was Monti's most loyal backer in Parliament during the respected economist's tenure at the head of a technocratic government. And in ministerial posts in previous center-left governments, Bersani fought hard to free up such areas of the economy as energy, insurance and banking services.

But it's uncertain that Monti will be able muster the votes needed to give Bersani's Democratic Party a stable majority in both houses of Parliament.

"Forming a government with a stable parliamentary alliance may prove tricky after elections," said Eoin Ryan, an analyst with IHS Global Insight. "A surge in support for anti-austerity parties is raising chances of an indecisive election result and post-vote political instability."

Another factor is turnout. Usually some 80 percent of the 50 million eligible voters go to the polls but experts are predicting many will stay away in anger, hurting mainstream parties.

When Berlusconi stepped down in November 2011, newspapers were writing his political obituary. At 76, blamed for mismanaging the economy and disgraced by criminal allegations of sex with an underage prostitute, the billionaire media baron appeared finished as a political force.

But Berlusconi has proven time and again ? over 20 years at the center of Italian politics ? that he should never be counted out.

The campaign strategy that has allowed him to become a contender in these elections is a simple one: please the masses by throwing around cash.

Berlusconi has promised to give back an unpopular property tax imposed by Monti as part of austerity measures. Even his purchase of start striker Mario Balotelli for his AC Milan soccer team was widely seen as a ploy to buy votes. Berlusconi has also appealed to Italy's right-wing by praising Italy's former fascist dictator Benito Mussolini during a ceremony commemorating Holocaust victims.

The most recent polls show Bersani in the lead with 33 percent of the vote, against 28 percent for Berlusconi's coalition with the populist Northern League. Grillo's 5 Star movement was in a surprise third place, with 17 percent support, while Monti's centrist coalition was notching 13 percent. The COESIS poll of 6,212 respondents had a margin of error of plus or minus 1.2 percent.

Pollster Renato Mannheimer said among his biggest clients heading into the elections were foreign banks seeking to gauge whether to hold or sell Italian bonds.

"They are worried mostly about the return of Berlusconi," Mannheimer said.

Uncertainty over the outcome of the vote has pushed the Milan stock exchange down in the days running up to the vote and bumped up borrowing costs, as investors express concern that Italy may back down from a reform course to pull the country out of recession.

Mannheimer said many undecided voters ? who comprise around one-third of the total electorate ? identify with the center-right, and that may help Berlusconi. He said that the undecided vote may also tilt heavily toward Grillo's protest movement.

The professorial Monti looked uncomfortable at first as a candidate but has recently warmed to the role. Like the others, he has not shied away from name calling, warning that Berlusconi is a "charlatan" and saying his return would be "horrific."

Bond analyst Nicholas Spiro said the election "will deliver the most important verdict on the eurozone's three-year-old austerity focused policies."

But he is betting on a period of political instability after the vote.

"An upset victory by Mr. Berlusconi may be markets' nightmare scenario," he said, "but the prospects for a stable and harmonious Bersani-Monti coalition government ? still the mostly likely outcome in our view ? are bleak."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-02-24-EU-Italy-Elections/id-f07c7c113be440268e065520593be44a

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