NEWS SATURDAY,
FEBRUARY 4, 2011 NEWS
Obama
Unveils $5 Billion Veterans Jobs Proposal
President Barack Obama unveiled a new $5 billion veterans jobs plan
Friday that the administration says will put thousands of men and women
who once wore their country's uniform back to work. The new Veterans Jobs
Corps initiative, first mentioned in the president's State of the Union
address last week, involves partnerships with the Veterans Administration
and the Interior Department, as well as state and local law enforcement
agencies. Under the blueprint, the administration will award $166 million
in grant money to communities that show a preference for hiring post-9/11
veterans for new law enforcement positions. In addition, $320 million in
grant money will be awarded to various fire departments who pledge to hire
and train new veterans. Money for those grants has already been appropriated
by Congress. CNN
VOA VIEW: More deficit spending, which
will not secure real long term employment for veterans.
Hackers
Claim To Have Intercepte Call Between FBI, Scotland Yard
A sensitive conference call between the FBI and Scotland Yard was recorded
and released online by the hackers in Anonymous, the group claimed Friday.
The group released a roughly 15-minute-long recording of what appears to
be a Jan. 17 conference call devoted to tracking and prosecuting members
of the loose-knit hacking group and its spinoff group LulzSec. There was
no classified information on the call, FBI sources tell Fox News, noting
that unsecure phones are not used for sensitive information. "The information
was intended for law enforcement," the source said, and those responsible
will be held accountable. Fox
News
Komen
Foundation Reverses Decision To End Planned Parenthood Grants
Susan G. Komen for the Cure announced Friday it was reversing its decision
to end grants to Planned Parenthood, after facing mounting pressure from
pro-choice lawmakers and accusations that the breast cancer awareness organization
had bowed to political influences. "We want to apologize to the American
public for recent decisions that cast doubt upon our commitment to our
mission of saving women's lives," the group said in a statement. The statement
from Komen founder Nancy Brinker and the Board of Directors defended the
organization's intentions. The group has claimed all along that its decision
was not a political one and that it was merely setting responsible standards
for grant money. Fox
News
Bain's
Romney Problem
Mitt Romney has raised lots of money from current employees at his
professional alma mater, but I'd have to think that Bain Capital would
be much better off if someone (anyone?) else was challenging Barack Obama.
Chances are that the firm will begin raising another giant general private
equity fund sometime next year, and it certainly runs the risk of brand
toxicity. Particularly among public pensions that have historically demurred
due to Bain's 30% carry, but which might reconsider if offered the same
"1/30 or 2/20" option that Bain recently gave to investors in its Asia
fund. It's easy for public pensions to make follow-on fund commitments,
but new deals come with all sorts of perception risks for the elected trustees
who make the final call. CNN
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Some
Colleges Cut Tuition, Hasten Graduation
Even before President Barack Obama announced plans last month to push
colleges to improve affordability, a number of schools beat him to the
punch by lowering tuition and helping students graduate in fewer semesters.
These schools -- typically small private colleges like University of Charleston,
Cabrini College and Midland University that lack the cachet of top-tier
colleges and compete with less expensive state schools -- are bucking the
widespread trend of increasing costs. In the last year, a few have cut
tuition by as much as 20 percent. Others promise that students will earn
their degree in four years or the college will pick up the cost of additional
coursework. While there's no hard data, dozens of schools already have
cut costs or implemented graduation guarantees. More such initiatives are
expected to be announced this spring. Such programs have clearly intrigued
students and parents, but skeptics fear they may have a negative impact
on the quality of education. Reuters
Cooked
Eggs Recalled In 34 States For Possible Listeria
A Minnesota company is recalling cooked eggs distributed in 34 states
because of possible listeria contamination. Michael Foods, of Minnetonka,
is recalling eggs in brine sold in 10- and 25-pound pails for institutional
use under the brand names: Columbia Valley Farms; GFS; Glenview Farms;
Papetti's; Silverbrook; and Wholesome Farms. The U.S. Food and Drug Administration
says there have been no reports of illness connected to the eggs. The company
says the eggs could be contaminated with a listeria strain that can sicken
people with weak immune systems. The recall covers: Alabama, Arkansas,
Arizona, California, Colorado, Florida, Georgia, Iowa, Illinois, Indiana,
Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, Mississippi,
Montana, North Carolina, North Dakota, Nebraska, New Jersey, Nevada, Ohio,
Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah,
Washington, Wisconsin and West Virginia. MSNBC
Recovery
Is Gathering Speed, Jobs Data Confirm
The U.S. economy is like a flywheel: It takes a lot to get it going.
Once it starts moving, it can pick up speed pretty quickly. To see why,
look no further than Friday’s jobs report, which offered convincing evidence
that the U.S. recovery is finally gaining momentum. After months of subpar
growth in their payrolls, American companies added 243,000 new jobs in
January, considerably more than the 150,000 that forecasters expected.
That drove the unemployment rate down by two percentage points to 8.3 percent,
extending a rapid decline from 9.1 percent last August. Since last fall,
a series of economic reports have pointed to gradual improvement. But the
January employment report tore the cover off the ball. “It’s very unusual
to get an unambiguous jobs report; usually you have a lot of cross currents
in the data,” said Mark Zandi, chief economist of Moody’s Analytics. “This
is unambiguous. Everything is good.” MSNBC
VOA VIEW: Figures lie, and liars figure.
Senate
Passes Insider Trading Ban For Its Members
Ending a week that began with consensus but fractured into contention,
the Senate voted Thursday to strengthen insider-trading bans for its members,
and in the process agreed to ban bonuses for Fannie Mae and Freddie Mac
executives. After spending the afternoon voting on a score of amendments
that had hampered negotiations earlier in the week, the Senate overwhelmingly
passed on a 96-3 vote the Stop Trading On Congressional Knowledge (STOCK)
Act. Only Sens. Tom Coburn of Oklahoma and Richard Burr of North Carolina,
both Republicans, and Sen. Jeff Bingaman, New Mexico Democrat, were opposed.
Washington
Times
Obama
Presses Congress Not To Muck Up’ Growing Economy
Seizing on news of another drop in the unemployment rate, President
Obama Friday urged Congress to extend a payroll tax holiday for workers
and spur the economic recovery even as he called for more than $5 billion
in new spending. “I want to send send a clear message to Congress: Do not
slow down the recovery that we’re on,” Mr. Obama said. “Don’t muck it up.
Keep it moving in the right direction.” The president traveled across the
Potomac to Fire Station #5 in Arlington, Va. to promote a plan to hire
more veterans as first-responders. His remarks came on the same morning
that the government reported the national unemployment rate had dropped
to 8.3 percent, down from 8.5 percent in December. Washington
Times
VOA VIEW: There is no real recovery.
Romney:
I "Misspoke" With Comment About The Poor
Massachusetts Gov. Mitt Romney said Thursday he "misspoke" when he
told CNN on Wednesday he was "not concerned about the very poor." In an
interview with Nevada political reporter Jon Ralston, Romney sought to
downplay the comments, which have been widely criticized. "It was a misstatement.
I misspoke," Romney said. "I've said something that is similar to that
but quite acceptable for a long time. And you know when you do I don't
know how many thousands of interviews now and then you may get it wrong.
And I misspoke. Plain and simple," Romney added. The morning after winning
Tuesday's Florida primary by a large margin, Romney went on the morning
television shows to promote his campaign's message of helping the middle
class. CBS
Santorum
Turns Tough Rhetoric Against Gingrich
His rivals often decry Newt Gingrich's scotched-earth rhetoric, but
they are increasingly getting into the act themselves. Witness the newest
broadcast ad from Republican presidential candidate Rick Santorum, which
calls Gingrich's economic proposals "fiscal insanity." The ad's wording
and tone also borrows a read-between-the-lines theme that front-runner
Mitt Romney has been using against Gingrich - that he is mentally unstable
and therefore unfit for the presidency. In addition to liberal use of the
word "insanity," a digital press release accompanying the ad makes note
of "Gingrich's erratic behavior" and "wild ideas." CBS
Obama
Swing State Fund Taps Wealthy To Aid Key States
President Obama’s campaign money machine has begun to funnel cash to
state Democratic parties in key 2012 battlegrounds, according to Federal
Election Commission filings released Tuesday. The transfers through the
Swing State Victory Fund — a joint fundraising account run by Obama
for America — signal a new effort to broaden and strengthen the state-level
apparatus working to win the president a second term. The fund raised more
than $1.3 million in December, the month it was created, FEC documents
show. It dispersed a small fraction of that cash — $5,500 total,
in $500 increments – to Democratic Party organizations in 11 states, with
much more expected in the months ahead. ABC
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Boehner
Unhappy Despite Jobs Increase, Wants Dems To Pass GOP Proposals
House Speaker John Boehner and members of his Republican leadership
team scoffed at the positive jobs data this morning, suggesting that despite
new signals that the economy is improving, the president’s economic agenda
has failed and the country would be better off if the GOP’s policies are
implemented. Boehner bluntly advised President Obama’s reelection campaign
to prod Senate Democrats to “get off their rear ends” in order to bring
the unemployment rate down even further. He once again called on
the president to pressure Senate Democrats to consider more of the GOP’s
House-passed legislation, 27 of which the speaker said are stalled in the
upper chamber. ABC
Fed’s
Bullard Says ‘Surprising’ U.S. Data Weakens Case For Bond Purchases
Federal Reserve Bank of St. Louis President James Bullard said reports
on the U.S. economy such as today’s better-than-forecast employment data
indicate that more Fed purchases of bonds aren’t necessary. “The economic
news and economic data, including today’s data, has been surprising to
the upside,” Bullard said today in a Bloomberg News interview. “I need
to see significant deterioration in the economy and some threat of deflation
or inflation moving significantly below our inflation target before I would
consider more QE,” he said, referring to bond purchases known as quantitative
easing. Bloomberg
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Romney
Says He’ll Rescind Contraception Mandate Not Just For Religious Institutions,
But For Everyone
The Republican presidential campaign of former Massachusetts Gov. Mitt
Romney told CNSNews.com today that if elected Romney will rescind in its
entirety a regulation finalized last month by the Obama administration
that requires all health-care plans in the United States to cover sterilizations
and all FDA-approved contraceptives, including those that cause abortions.
The Obama administration’s final version of the regulation effectively
exempted only an actual church—such as a Catholic parish—from the regulation,
while insisting that it would be fully enforced on individuals, private
business owners, non-religious private-sector organizations and insurers.
CNS
News
Santorum
Warns Voters Of Country's Likely Demise; 'We Cannot Listen To The Siren
Song'
Rick Santorum's campaign slogan could very well be one word: doomsday.
To hear him tell it, the United States will collapse under the weight of
its health care system and basic freedoms will be history. Iran will annihilate
Israel and then South Carolina if Iran isn't blocked from building a nuclear
weapon. And divorce will yield higher taxes for all Americans. Unless,
of course, Republicans pick Santorum as the party's presidential nominee
and he goes on to defeat President Barack Obama.
"Go back and read what the sirens did once you arrived on that island,"
Santorum warned students at Colorado Christian University this week, invoking
mythology. "They devour you. They destroy you. They consume you." CNS
News
Stanford
Had Secret Fund For Bribes, Yacht: Witness
Texas financier Allen Stanford drew on a secret Swiss bank account
for personal expenses like yacht maintenance and to pay bribes, the government's
top witness said at Stanford's fraud trial on Friday. Stanford, 61, is
accused of bilking thousands of investors out of their savings by selling
fraudulent certificates of deposit through his bank in the Caribbean. Prosecutors
say the $7 billion Ponzi scheme is one of the biggest white collar crimes
since Bernard Madoff's scam. Stanford has pleaded not guilty to all charges.
"The monies flowed from Stanford International Bank CDs to this slush account
at SocGen," former Stanford Chief Financial Officer James Davis told jurors.
"It was a slush fund." Reuters
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Big
Donors And What They Want
The millionaires, billionaires and companies giving big sums to political
committees supporting Mitt Romney, Newt Gingrich and Barack Obama have
important business with the next president. Some are already in trouble
with the government. Some are pressing for new laws or regulations that
would benefit their interests in energy, mining and high finance. The Associated
Press reviewed financial reports, regulatory filings, court records, public
statements and more to identify favors that the biggest donors so far in
the presidential campaign might want in return for their contributions
worth $100,000 or more. In some cases, these donors have given $1 million
or more to help Obama's challengers or the president. An exhaustive review
of their motives is nearly impossible, since new federal rules governing
such contributions allow donors to effectively remain anonymous if they
funnel cash into the campaign through corporate partnerships or other mechanisms
that can frustrate investigation. Las
Vegas Sun
Taliban
Leader Sent Letter To Obama
Reclusive Taliban leader Mullah Mohammed Omar wrote to President Barack
Obama last year indicating an interest in talks key to ending the war in
Afghanistan, current and former U.S. officials told The Associated Press.
The letter purportedly from Omar was unsigned. It was passed through a
Taliban intermediary in July and intended for the White House. The officials
spoke on condition of anonymity because the letter and its contents are
part of sensitive diplomacy with a fighting force that still targets U.S.
troops. The previously undisclosed communication was considered authentic
by people who saw it, but skeptical administration officials said they
cannot determine it actually came from Omar. The Obama administration did
not directly respond to the letter, two officials said, although it has
broadened contacts with Omar's emissaries since then. Las
Vegas Sun
Super
PACs Opened Door, And Companies Step In
GOP primary & caucus calendar Corporations appear to be embracing,
albeit slowly, new campaign rules that allow them to make direct contributions
to political groups. The super PACs that have been playing a significant
role this election season are getting more of their funding from corporate
coffers — 23 percent, according to an analysis of federal records. That
is up slightly from 19 percent in the 2010 cycle, when super PACs were
first formed following the Supreme Court's landmark Citizens United decision
that year. In that case, the high court ruled that, under the First Amendment,
the government could not restrict corporations from giving. Newsday
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Romney:
Obama Doesn’t Deserve Credit For Jobs Report
Mitt Romney said President Barack Obama doesn’t deserve credit for
good news about the economy, saying the man he's seeking to replace in
November has stymied U.S. growth. “This president has not helped the process,
he’s hurt it,” Romney, the front-runner for the Republican presidential
nomination, told 14 local businessmen he met with at a home-and- yard supply
company in Sparks, Nevada. “If I’m the president, I will see what you do
as being a very good thing, a patriotic and good thing.” In data announced
today, the U.S. jobless rate unexpectedly fell in January to the lowest
in three years as payrolls climbed more than forecast. The unemployment
rate dropped to 8.3 percent, the lowest since February 2009. The 243,000
increase in jobs was the biggest in nine months and exceeded all forecasts
in a Bloomberg News survey. Bloomberg
Poor
Republicans Want More Help For Poor
While Republicans with low incomes distrust the U.S. government, they
also say it should do more for poor people, the Pew Research Center says.
The needs of the poor became an issue this week when Mitt Romney, the leading
candidate for the Republican presidential nomination, told CNN he is not
concerned about the very poor or very rich. He said the poor have a safety
net while the rich have the wherewithal to take care of themselves. In
a survey conducted Sept. 22 to Oct. 4, Pew found that 25 percent of voters
who describe themselves as Republican or Republican-leaning have annual
incomes of less than $30,000. More than half of that group, 57 percent,
said the federal government does not do enough for poor people while 18
percent said it does too much. UPI
News
Gold
Price Fall $18 An Ounce
The price of gold lost $19 an ounce Friday to settle at $1,740.30 on
the Comex division of the New York Mercantile Exchange. Silver fell by
43 cents, to end the session at $33.75 an ounce. The euro was virtually
flat at $1.3146, up from Thursday's $1.3144. Against the yen, the dollar
rose to 76.57 from Thursday's 76.22 yen. The British pound was $1.5816
Friday from $1.5833 Thursday. Against the Hong Kong dollar, the dollar
was 7.7537 from Thursday's 7.7553. The dollar was 0.9936 Canadian dollars
compared to 0.9991 Canadian dollars on Thursday. The Australian dollar
was $1.0780 from $1.0709 Thursday. UPI
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'UN
Council Awaits Russian Word On Syria Draft'
UN Security Council envoys awaited a decision by Moscow on Friday on
the latest version of a European-Arab draft resolution endorsing an Arab
League plan for Syria, and some diplomats said the Kremlin may go along
with it. A senior Western envoy said the council's 15 ambassadors had agreed
the new text on Thursday, but that the final decision rested with national
capitals. "The Russians said ... on ambassadorial level ... they stand
by the text ... and the Chinese said the same thing," the envoy said. Related:
Syrian forces break up protest marking killingsJordan removes its monitors
from Syria missionHowever, early word from Moscow was that Russia's leadership
was not yet satisfied. Interfax news agency quoted Deputy Foreign Minister
Gennady Gatilov as saying the draft was "not enough for us to be able to
support it in this form." Jerusalem
Post
US
Anxiety Grows Over Possible Israeli Plans On Iran
The Obama administration is increasingly anxious about Israeli leaders'
provocative public comments on Iran's nuclear program but does not have
hard proof that Jerusalem will strike Iran in the next few months, US and
European officials said. The US uncertainty and lack of information about
Israel's plans on Iran were behind an alarming assessment of the situation
reportedly voiced by US Defense Secretary Leon Panetta, the officials said.
'We'll back any nation fighting Zionist regime''UK's Clegg concerned over
int'l conflict with Iran'David Ignatius, a Washington Post columnist who
specializes in intelligence matters, reported that Panetta believed there
was a "strong likelihood" that Israel would attack Iran's nuclear program
within the next six months -- as early as April, Ignatius wrote. Jerusalem
Post
Malaria
Deaths Hugely Underestimated - Lancet Study
Worldwide malaria deaths may be almost twice as high as previously
estimated, a study reports. The research, published in the British medical
journal the Lancet, suggests 1.24 million people died from the mosquito-borne
disease in 2010. This compares to a World Health Organisation (WHO) estimate
for 2010 of 655,000 deaths. But both the new study and the WHO indicate
global death rates are now falling. The research was funded by the Bill
and Melinda Gates Foundation. It used new data and new computer modelling
to build a historical database for malaria between 1980 and 2010. The conclusion
was that worldwide deaths had risen from 995,000 in 1980 to a peak of 1.82
million in 2004, before falling to 1.24 million in 2010. BBC
Motorola
Makes Apple Pull IPads And IPhones In Germany
Apple has pulled several iPad and iPhone models from its German online
store after Motorola Mobility enforced a patent injunction against its
rival. The move follows a December ruling that Apple had failed to license
one of Motorola's wireless intellectual properties. iPhone users in Germany
may also face the loss of their push email iCloud service after a separate
patent victory by Motorola. Apple has said it will appeal. The dispute
may eventually pit Apple against Google. The search giant is in the process
of taking over the Razr handset-maker. The deal still needs to clear the
competition authorities. BBC
Brain
Trauma Experts Call For 'Hit Count' To Prevent Injuries To School Athletes
Scientists in Boston have collected more than 100 brains of athletes
where CTE has been diagnosed upon autopsy Link to this video Experts on
repetitive brain trauma suffered by players of sports such as football,
ice hockey and soccer have drawn up radical new proposals designed to limit
the risk of potentially fatal brain injury in child athletes. The proposals,
presented in a white paper by the Sports Legacy Institute, come in response
to growing alarm about the exposure to brain injuries of thousands of American
schoolkids. The youngest identified of case of chronic traumatic encephalopathy,
or CTE, a degenerative brain disease linked to blows to the head, was recently
discovered in a high-school football player, Nathan Stiles, who collapsed
on the field and died aged 17. Guardian
US
Moves To Restrict Iran Financing Oil Exports Through Banks
Banking transactions with Iran and financing for its oil shipments
could come under tougher scrutiny after a sanctions bill passed a key US
Senate committee. The bill, if it becomes law, would direct the White House
to press the Society for Worldwide Interbank Financial Telecommunication
(Swift) to shut out Iran's central bank and the country's other financial
institutions from the system used to move money between banks across the
world. "It is inconsistent and troubling that financial communications
services providers continue to service those financial institutions" in
Iran that are otherwise subject to sanctions, said the provision passed
on Thursday and proposed by the Democratic Senator Robert Menendez. Guardian
Anaesthetic
Use Linked To ADHD
Children repeatedly exposed to anaesthetic early in life are more likely
to develop Attention Deficit Hyperactivity Disorder (ADHD), an American
study suggests. Drugs used to sedate children for surgery could have subtle
effects on the developing brain, believe doctors at the Mayo Clinic in
Rochester, Minnesota. They found repeated exposure to anaethesic while
young appeared to more than double the chance of developing ADHD. Specifically,
those who had undergone anaesthesia at least two times by the age of three
were more than twice as likely to have been diagnosed with ADHD by the
time they were 19. The study did not prove that repeated anaesthetic caused
ADHD, the authors noted. However, they did say it warranted "further investigation".
Telegraph
Silvio
Berlusconi Rules Out Return As Italian Prime Minister
Three months after sex scandals and a national economic crisis forced
his resignation, the billionaire media tycoon declared that he was still
young at 75 and showed off a bruise which he claimed he had sustained while
playing ice hockey with Vladimir Putin, Russia's prime minister. He claimed
that his approval ratings remained at 36 per cent, making him more popular
than Angela Merkel in Germany or France's Nicholas Sarkozy, and said he
might stand for election again as an MP. "I still have strong popular backing
... If I walk out in the street I stop the traffic. I'm a public danger
and I cannot go out to do the shopping." Telegraph
For
World Cancer Day, UN Stresses Early Diagnosis To Reduce Mounting Deaths
Early diagnosis is the key to reducing the nearly eight million deaths
caused by cancer across the globe annually, the United Nations World Health
Organization (WHO) said today, stressing the importance of screening programmes
for healthy people to detect the disease promptly for easier treatment.
To mark World Cancer Day, which is observed on 4 February every year, WHO
reminded the world that cancer is responsible for close to 13 per cent
of deaths globally, accounting for 7.6 million deaths in 2008. UN
News
UN-Backed
Court Sentences Key Khmer Rouge Figure To Life In Prison On Appeal
The appeals chamber of the United Nations-backed tribunal in Cambodia
trying cases of mass murder and other crimes committed under the Khmer
Rouge regime today sentenced the former head of a notorious detention camp
to life in prison, upholding an earlier conviction and extending the existing
jail term. The Supreme Court Chamber of the Extraordinary Chambers in the
Courts of Cambodia (ECCC) upheld the conviction of Kaing Guek Eav, alias
Duch, and ordered that he be jailed for life, the maximum sentence under
the law for crimes against humanity and grave breaches of the 1949 Geneva
Conventions.They deserve the highest penalty available to provide a fair
and adequate response to the outrage these crimes invoked in victims, their
families and relatives, the Cambodian people, and all human beings. UN
News
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