Monday, March 14, 2011

Being Right or Making Money


Of all the interesting new tech that seems poised to garner a lot of buzz in 2011, near field communication (NFC), is probably the most exciting. If it takes off, it will transform the ways we communicate, share, and make payments with digital devices. This will likely take years to happen, but the groundwork is being laid right now. And RFinity is one of those companies at the forefront.


While Google and Apple are responsible for generating much of the buzz about NFC at the moment, the technology goes far beyond simply having the right type of chip in your mobile device. For example, how do you handle different types of data transfers being made from one device to another? And how to you ensure that they happen as quickly as possible? And most importantly, how do you ensure that they happen securely? Those are the things that RFinity is thinking about.


The company has just raised $4 million from Horizons Ventures in Hong Kong. And the space has gotten so red hot, in fact, that we hear they’re already out raising another round.


And it’s an easy bet for investors to make not only because of the space, but because of where the project originated: The U.S. Department of Energy. Specifically, RFinity was born when a bunch of infrastructure security experts working for the government were assigned to find all the vulnerabilities in cell phones. Through software they came up with, they were able to quite easily eavesdrop, manipulate SMS messages, and even compromise LAN security. Then they set out to figure out a way to stop people from doing those very things. That work led directly to RFinity.


Work originally began in the person-to-person and person-to-vendor sales space by way of mobile applications that route transactions through RFinity’s own secure servers. But now that NFC appears ready, RFinity is making sure they’re ready for it. The idea is that their technology could cut out the middle man here: themselves.


Obviously, the company isn’t going to share all the details on how they secure NFC transfers. But the basic overview is that they verify an incoming NFC signal and ask for a user’s permission before taking any action. Further, if the action is a transaction, it requires a PIN, just as you might do an ATM withdrawal. That’s all pretty standard. But the key is one-time-use transaction codes that RFinity creates on the fly along with complex cryptographic signatures. These ensure that an transaction is secure since it means that every transaction can only happen once. Even if those numbers were intercepted by a hacker, they would be useless beyond the one-time payment.


And even if your phone is lost or stolen, a thief couldn’t do anything without your PIN. And you can remotely shut down your NFC capabilities via RFinity. It’s enough to make me wish I could throw out all my credit cards right now. “Today’s identification and transaction systems are based on what? A magnetic strip on the back of a card, based on a 1950’s technology that relies on a base station to read the information embedded as a series of simple magnetic markers in plastic tape,” writes Josh Jones-Dilworth, who is working with the company to bring them to market.


Again, NFC as a technology is great and potentially game-changing. But the software is still needed to make it actually work. And some of the big guys began realizing that early on as companies like PayPal, Bank of America, and even Subway have been testing out different things with RFinity for some time. In fact, RFinity has actually been doing field tests of the software end of their technology since 2009 in places like Idaho, well before most people in the U.S. had ever thought about NFC.


But now people are starting to care. And soon, they could be caring a lot more. NFC is already built-in to Google’s new Nexus S device — and the company has put out a call for developers to start using the tech. Rumors have the next iteration of the iPhone gaining the technology as well. In other words, I suspect we may be seeing acquisition rumors starting to fly around RFinity in about six months or so. Provided their technology proves up to the NFC challenge, of course.



Over the weekend, a minor firestorm erupted over a new feature in the official Twitter iPhone and iPad clients known as the “Quick Bar,” a strip at the top of a user’s tweet-stream designed to show trending topics. As users started criticizing the feature for being too intrusive, however, it quickly became known as the “dickbar,” in reference to Twitter CEO Dick Costolo. Although the company has since said that a new update is on its way that will make the feature less annoying, the outrage over the #dickbar is a symptom of a larger problem for Twitter: it wants to be a business, and users have gotten used to it being a utility.


The update with the Quick Bar included was actually released on Thursday, and the trending topics feature was just one of a number of enhancements that Twitter introduced in that update, including automated URL shortening (using the company’s internal shortener, t.co, which it launched last year) and an auto-complete function for user names and hashtags — including, ironically, the #dickbar hashtag. Criticism of the Quick Bar seemed to pick up speed, and then exploded over the weekend.


One of the big complaints about the new feature is the way the trending topics bar gets overlaid on top of the Twitter stream, appearing whenever the feed was refreshed, and partially obscuring tweets. According to spokesman Sean Garrett, the new update that Twitter has submitted to the Apple store “fixes some bugs, and makes it so the quickbar doesn’t overlay on tweets” — but judging by his tweets and those from CEO Costolo, there’s no sign the company plans to allow users to disable or turn off the feature, something many have been asking for since it was introduced.



Although a number of users have said that they find the whole idea of trending topics irritating and unnecessary, Costolo has made it clear that this is a key part of the service’s functionality, saying “If users didn’t like trends, we wouldn’t have trends.” And while the Twitter CEO didn’t come right out and say so, one of the obvious reasons is that promoted tweets and promoted trends are two of the ways in which the company is trying to generate revenue and profits — and doing this has become even more important now that Twitter is theoretically valued somewhere between $3.7 billion (based on its last round of financing) and $7.7 billion as a result of secondary-market trading.


The Quick Bar fiasco may be a minor event, but it is an indication of a larger problem for Twitter: namely, that it has spent so much of its life being an open communications platform — more like a social-networking utility than a business, with a focus on how it can enable real-time publishing for everyone, including those fighting oppressive governments around the world — that it is jarring for users whenever the company does something cold or calculating like suddenly cutting off Twitter applications (as it did recently with Ubermedia) or implementing features that are clearly designed more to generate revenue than they are to serve the needs of users.


This is a line that Facebook has been trying to walk as well, of course — being a social utility, but also making money from advertising — but it seems to have done a better job of mixing the two so far. As Costolo tries to expand the business to justify those soaring valuations, we are likely to see more clashes with users rather than less.


Related GigaOM Pro content (sub req’d):



  • As Twitter Develops, Developers Quiver in Fear

  • Lessons From Twitter: How to Play Nice With Ecosystem Partners

  • How Human Users Are Holding Twitter Back




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Friday, March 11, 2011

Making Fast Money

Founded in 2009 by Amanda Steinberg, DailyWorth is often a regular e-mail newsletter that includes advice on financial literacy and moolah management skewed in the direction of a female audience. DailyWorth’s subjects range from how you can organize your finances to tax tips to conserving counsel. And DailyWorth has an outstanding editorial staff to create articles. MP Dunleavey, earlier a individual finance columnist with all the New york Occasions and currently a contributor with Income magazine, is top DailyWorth’s editorial group.

In spite of unions’ long hatred of Scott Walker, the new governor is moving to handle each the signs of your ailment and the disorder itself-the public-sector union scheme that has molested Wisconsin’s taxpayers and their young children by gaming the product. Unions like Wisconsin’s teachers’ union [WEAC] (which was Wisconsin’s biggest-spending lobby in 2009) happen to be extraordinarily adept at repairing the model by means of paying hundreds of thousands to elect politicians who, in flip, reward the unions in the expense from the taxpayers.

the Wisconsin fight, when when compared to private-sector negotiations is about: 1) the Scope of Bargaining, 2) Union “Income” Safety [Right-to-Work vs. Pressured Dues], three) regardless if Wisconsin ought to be the unions’ dues assortment agency [payroll deduction of dues], and four) no matter whether public-sector unions should really be ‘recertified’ by keeping elections each and every year.

put the photos on the internet to display our projects team at msnbc.com, and photographer Jim Seida mentioned, why really don't we just publish it as a slide present? I was skeptical initially - would that crimp the composing? - but from the stop I used to be advocating undertaking it this way once the photo crew was skeptical. I believed far more folks would read as a result of it by doing this, and it could be worth an experiment.”


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On Monday night, I watched my first of all, The Very last Phrase host Lawrence O’Donnell.
Even when O’Donnell laudably experimented with to concentrate the audience’s awareness onand hopefully final, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen under for great, I was overtaken, not from the pulling on the thread, plus the voracious audience he serves. It did not make me unhappy, it crafted me angry.

In relation to celebrities, we will be considered a heartless country, basking within their misfortunes like nude sunbathers at Schadenfreude Seaside. The impulse is understandable, to some degree. It might be grating to pay attention to complaints from people today who relish privileges that the majority of us can not even just imagine. Should you can not muster up some compassion for Charlie Sheen, who may make alot more cash for a day’s give good results than most of us will make inside a decade’s time, I guess I can’t blame you.



Along with the speedy speed of activities on the net and therefore the info revolution sparked by the Online, it is extremely simple and easy for the technological innovation sector to consider it is unique: perpetually breaking new ground and performing issues that nobody has ever done in advance of.

But you can find other types of enterprise which have currently undergone many of the very same radical shifts, and also have just as terrific a stake from the future.

Get healthcare, as an illustration.

We often believe that of it as a large, lumbering beast, but in fact, medication has undergone a series of revolutions with the past 200 years which might be at least equal to these we see in know-how and data.

Less understandable, but nevertheless within just the norms of human nature, may be the impulse to rubberneck, to slow down and consider the carnage of Charlie spectacle of Sheen’s unraveling, but on the blithe interviewer Sheen’s daily life as we pass it in the most suitable lane of our everyday lives. To get truthful, it might be tough for men and women to discern the difference between a run-of-the-mill focus whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its individual merits, a quote like “I Am On a Drug. It is Known as Charlie Sheen” is sheer genius, and we can’t all be expected to take the total measure of someone’s existence any time we hear one thing humorous.

Rapidly forward to 2011 and I am attempting to examine indicates of getting a little more business-like about my hobbies (mostly music). Through the finish of January I had manned up and started off to advertise my blogs. I had made a variety of completely different blogs, which were contributed to by mates and colleagues. I promoted these activities via Facebook and Twitter.


2nd: the little abomination that the Gang of Five around the Supream Court gave us a yr or so in the past (Citizens Inebriated) truly incorporates a bit bouncing betty of its own that can incredibly well go off while in the faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. Considering this ruling extended the concept of “personhood” to the two businesses and unions, to strive to deny them any proper to operate inside the legal framework that they were organized beneath deprives these “persons” from the freedoms of speech, association and motion. Which suggests (when again, quoting law school skilled loved ones) that either the courts really need to uphold these rights for the unions (as person “persons” as guaranteed by the Federal (and most state) constitutions, or they have to declare that these attempts at stripping or limiting union rights really have to apply to key businesses, also.


In New York, Tuesday marked the beginning of the long awaited trial of hedge fund manager Raj Rajaratnam, who ran the $7 billion Galleon Group and whose personal wealth is estimated at $1.3 billion. He is being prosecuted by the SEC for insider trade deals. Rajaratnam is said to have made $45 million in illegal profits. He has denied the charges and is free on $100 million bond. If he is convicted he could go to prison for as long as 20 years. The SEC historically has been such a handmaiden of the finance business that it's hard to imagine anything serious coming out of its prosecutions, but one never knows.

Whatever happens to Rajaratnam, it  would be simple enough to prosecute many of the high rollers on first civil, then criminal charges, fining them millions of dollars and taking them out of circulation for up to 20 years.


"Contrary to prevailing propaganda, there is a fairly straightforward case that could be launched against the CEOs and CFOs of pretty much every US bank with major trading operation," writes Yves Smith in her popular Naked Capitalism blog. "I'll call them 'dealer banks' or 'Wall Street firms' to distinguish them from very big but largely traditional commercial banks.’’ She proceeds to lay out the case, the key points of which I have excerpted below:


Since Sarbanes Oxley became law in 2002, Sections 302, 404, and 906 of that act have required these executives to establish and maintain adequate systems of internal control within their companies. In addition, they must regularly test such controls to see that they are adequate and report their findings to shareholders (through SEC reports on Form 10-Q and 10-K) and their independent accountants. “Knowingly” making false section 906 certifications is subject to fines of up to $1 million and imprisonment of up to ten years; “willful” violators face fines of up to $5 million and jail time of up to 20 years.


• • • • •


At Daily Kos on this date in 2009:


It is difficult to muster any sympathy whatsoever for the goddamned banks. This is a crisis entirely of their own manufacture. Yes, the housing market went down -- which anyone with an ounce of sense could have predicted, and did. Any bank betting the entirety of its assets many-times-over on that not happening deserves to fail as spectacularly as possible, its corporate leadership condemned to no greater future responsibilities than bussing tables. ...

We are aware of Japan's "Lost Decade", a period of real estate collapse and economic stagnation. We have, though, been in our own Lost Decade since the turn of the millennium, and only now that the higher echelons of our society have found themselves in as unpalatable a situation as the rest of us have been in has anyone important deigned to notice. We have had a decade of doing nothing, and two decades of offshoring our every competence, leaving us to putter in our financial closets and declare ourselves kings of all we could see.





In New York, Tuesday marked the beginning of the long awaited trial of hedge fund manager Raj Rajaratnam, who ran the $7 billion Galleon Group and whose personal wealth is estimated at $1.3 billion. He is being prosecuted by the SEC for insider trade deals. Rajaratnam is said to have made $45 million in illegal profits. He has denied the charges and is free on $100 million bond. If he is convicted he could go to prison for as long as 20 years. The SEC historically has been such a handmaiden of the finance business that it's hard to imagine anything serious coming out of its prosecutions, but one never knows.

Whatever happens to Rajaratnam, it  would be simple enough to prosecute many of the high rollers on first civil, then criminal charges, fining them millions of dollars and taking them out of circulation for up to 20 years.


"Contrary to prevailing propaganda, there is a fairly straightforward case that could be launched against the CEOs and CFOs of pretty much every US bank with major trading operation," writes Yves Smith in her popular Naked Capitalism blog. "I'll call them 'dealer banks' or 'Wall Street firms' to distinguish them from very big but largely traditional commercial banks.’’ She proceeds to lay out the case, the key points of which I have excerpted below:


Since Sarbanes Oxley became law in 2002, Sections 302, 404, and 906 of that act have required these executives to establish and maintain adequate systems of internal control within their companies. In addition, they must regularly test such controls to see that they are adequate and report their findings to shareholders (through SEC reports on Form 10-Q and 10-K) and their independent accountants. “Knowingly” making false section 906 certifications is subject to fines of up to $1 million and imprisonment of up to ten years; “willful” violators face fines of up to $5 million and jail time of up to 20 years.


• • • • •


At Daily Kos on this date in 2009:


It is difficult to muster any sympathy whatsoever for the goddamned banks. This is a crisis entirely of their own manufacture. Yes, the housing market went down -- which anyone with an ounce of sense could have predicted, and did. Any bank betting the entirety of its assets many-times-over on that not happening deserves to fail as spectacularly as possible, its corporate leadership condemned to no greater future responsibilities than bussing tables. ...

We are aware of Japan's "Lost Decade", a period of real estate collapse and economic stagnation. We have, though, been in our own Lost Decade since the turn of the millennium, and only now that the higher echelons of our society have found themselves in as unpalatable a situation as the rest of us have been in has anyone important deigned to notice. We have had a decade of doing nothing, and two decades of offshoring our every competence, leaving us to putter in our financial closets and declare ourselves kings of all we could see.






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Saturday, March 5, 2011

Making Money Quickly


Yemen: How the Al-Ahmar family could take advantage of unrest against the Saleh regime, leading to a civil war—or simply regime change. Meanwhile, the government is going to announce what sounds like an unsatisfactory new government.


Oman: Today is the third consecutive day of protests! The Sultan is quickly making some minor concessions—distributing money


Egypt: Former president Mubarak has been ordered by a prosecutor not to travel; also his assets have been ordered frozen. Too little, too late, says Al Jazeera's analyst.


Libya: Similarly, Britain has frozen Gadaffi's assets—to the tune of £3 billion. Also, Libya asked for £900 million in new money, that was being stored "in a secure compound in the north-east of England," and Britain was like "oh sure we'll get right on that, give us a few days…" and then they kept it. And this is a useful read: "The city of Zawiyah, controlled by rebels but surrounded by Gaddafi loyalists, is a metaphor for the current stalemate." Here is a map of the cities seized by the people.


Jordan: "Jordan's prime minister promised Sunday to introduce laws some time this year that would give Jordanians a greater say in politics, but angry opposition leaders said the pace of reform is too slow."


Bahrain: "Bahrain's king reshuffled his cabinet Saturday as protesters continued to call for reforms and a key opposition leader returned to the country."



The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.


WASHINGTON/POLITICAL

For the latest political news: www.CNNPolitics.com


CNN: Obama talks Libya with leaders of France, Italy, UK

President Barack Obama spoke Thursday with the leaders of France, Italy and the United Kingdom on coordinating an international response to the crisis in Libya, the White House said. In separate phone conversations with French President Nicolas Sarkozy, Italian Prime Minister Silvio Berlusconi and British Prime Minister David Cameron, Obama "expressed his deep concern with the Libyan government's use of violence which violates international norms and every standard of human decency, and discussed appropriate and effective ways for the international community to immediately respond," the White House statement said.


CNN: Senate Democrats readying new offer on budget stalemate

The high-stakes political maneuvering over government spending cuts continued Thursday as Senate Democrats for the first time said they are readying specific budget cuts they hope will satisfy House Republicans. Unless the two sides reach an agreement, the government will run out of money and shut down at the end of next week. However, an aide for House Speaker John Boehner, R-Ohio, quickly indicated the proposed cuts don’t go deep enough to end the stalemate. Democrats say they would save billions by speeding up proposed cuts in President Obama’s budget for 2012 and by getting rid of money for earmarks in the spending bill currently funding the government, according to a Senate Democratic aide who would not speak on the record about the negotiations. That current bill, which expires March 4, funds the government at a level $41 billion below what President Obama proposed for this year, a cost savings both Democrats and Republicans are claiming as they debate deeper cuts.


Bloomberg: Obama Aides Say Social Security No Threat to Nation’s Finances

Obama administration officials are rejecting the idea of making major changes to Social Security as part of a debate over reining in the national debt, a stance that’s drawing protests from deficit-cutting advocates. White House Budget Director Jack Lew and Jason Furman, deputy director of President Barack Obama’s National Economic Council, both stressed this week that Social Security isn’t facing an immediate funding crisis and should be viewed separately from moves to reduce the federal budget deficit.


CNN: Budget bill passes Wisconsin Assembly; moves to Senate

The Wisconsin state Assembly passed a Republican bill Friday that strips most public workers of their collective bargaining rights. But the fight over the bill seems far from over. It still has to pass Wisconsin's Senate which could prove to be a more contentious battle. Fourteen Democratic Senators have fled to neighboring Illinois to prevent a quorum from voting on the issue and they remained absent early Friday. "The vote we took wasn't the easy thing to do, but it was the right thing to do," said Assembly Majority Leader Scott Suder said early Friday. "I continue to urge my Democrat colleagues in the Senate to come back to Madison so that they can debate this bill and do their job for the taxpayers of Wisconsin."


CNN: Congressman apologizes for 'get bloody' comment

Democratic Massachusetts Rep. Michael Capuano, who came under fire for heated comments he made at a union rally earlier this week, apologized for his remarks Thursday. "I strongly believe in standing up for worker rights and my passion for preserving those rights may have gotten the best of me yesterday in an unscripted speech," he said in a statement. "I wish I had used different language to express my passion and I regret my choice of words." Capuano spoke at a rally outside the statehouse in Boston Tuesday in support of Wisconsin state workers. He encouraged union members to challenge a proposal that would limit collective bargaining rights stating, "Every once in a while you've got to get out in the streets and get a little bloody when necessary. This fight is worth it."


CNN: Providence, Rhode Island, teachers receive pink slips, yet remain on job

Termination notices have been sent to every teacher in the Providence public school system, setting off a wave of anxiety and anger in the Rhode Island city and prompting a union leader to accuse the mayor of anti-union maneuvering. The teachers will remain at work as the school year continues, though the notices sent out this week mean any of them now could lose their jobs at the municipal officials' discretion. During a packed and at-times spirited meeting Thursday night, the city school committee voted 4-3 to back Mayor Angel Tavares' move to send out the notices. The mayor said in an online message Wednesday that he authorized the previous day's decision to dismiss almost 2,000 teachers and staff to allow for greater flexibility as the budget process unfolds.


CNN: Army to probe psy-ops allegations in Rolling Stone

A military officer trained in using psychological tactics to influence the emotions and actions of enemy troops told CNN Thursday her unit was ordered to used those skills to manipulate visiting lawmakers into securing more troops and funding for the war in Afghanistan. After a fellow officer questioned the legality of using "psychological operations" on elected U.S. officers, both received reprimands that could threaten their military careers, she said. "We're not allowed to do that against any U.S. citizen, whether it is a congressman or my neighbor three doors down," said Texas National Guard Maj. Laural Levine. "That is the first thing you are taught - never target Americans, ever."


CNN: GOP-led states skipping payments to governors association

A handful of Republican governors are declining to pay their annual dues to the National Governors Association as they seek ways to trim state government costs in a down economy. The NGA, a bipartisan organization of the nation's governors that meets twice a year to discuss issues of public policy and governance, is holding its annual winter meeting in Washington this weekend. Most of the country's governors are expected to travel to the nation's capital for that conference and other partisan gatherings sponsored by the Democratic and Republican Governors Associations.


Politico: Mitt Romney: Proud of Massachusetts health care law

Mitt Romney rejected Mike Huckabee's call for him to admit that the "RomneyCare" health care program failed, instead saying he's "proud" of "getting everyone covered" when he was governor of Massachusetts. "Mitt Romney is proud of what he accomplished for Massachusetts in getting everyone covered,” Romney’s spokesman, Eric Fehrnstrom, told the Boston Globe, in the first direct response Team Mitt made to Huckabee's criticism of the health plan in his new book. Fehrnstrom also put daylight between the Romney health care bill and President Obama's reform package, which is unpopular among voters and is the subject of several lawsuits by different states. “What's important now is to return to the states the power to determine their own healthcare solutions by repealing Obamacare," Fehrnstrom added. "A one-size-fits-all plan for the entire nation just doesn't work.”


CNN: Prez preparations for 2012

President Barack Obama will file the official paperwork within weeks to begin collecting money for his re-election campaign in 2012, which will cost more than his successful 2008 run, top aide David Axelrod told CNN this week. In an exclusive interview with CNN Chief National Correspondent John King, Axelrod said field organizers would begin fanning out in targeted states by early spring to kick off the campaign effort.


Roll Call: Tea Party Fracturing Over New York Special Election

Once again, the tea party movement is poised to play a critical role in deciding a New York special election. But major questions remain in New York’s 26th district over whether grass-roots conservatives will support the establishment favorite, state Assemblywoman Jane Corwin (R), or the tea party’s sentimental favorite, Iraq War veteran David Bellavia (R). Their decision could help deliver the traditionally Republican seat to Democrats, although Bellavia appears to be running as a third-party candidate regardless.


Newark Star-Ledger: Security lapses at Newark airport prompt U.S. Sen Lautenberg to call for investigation

A wave of security lapses at Newark Liberty International Airport over the past seven weeks has prompted U.S. Sen. Frank Lautenberg to call for an investigation. The request followed stories by The Star-Ledger detailing at least a half-dozen security breaches at the airport between Jan. 4 and Monday — including a dead dog being loaded onto a jet despite not being screened for a bomb or disease by Continental Airlines, and a knife in a carry-on bag getting past Transportation Security Administration agents.


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For the latest national news: www.CNN.com


CNNMoney: Air Force awards Boeing $35 billion contract

The Air Force announced Thursday it awarded a $3.5 billion initial contract to Boeing for the production of 18 next-generation aerial refueling tankers. That is a down payment on a contract worth about $35 billion for 179 planes. Aerial refueling tankers allow the military to refuel aircraft in mid flight, greatly extending the range of operation for smaller aircraft, while also providing the capability to carry cargo and airlift personnel. Both Boeing (BA, Fortune 500) and the North American unit of EADS - which owns Airbus –submitted bids for the blockbuster contract and planned to base their planes on popular civilian aircraft, specifically the Boeing 767 and Airbus A330.


CNN: Deaths of baby dolphins worry scientists

Baby bottlenose dolphins are washing up dead in record numbers on the shores of Alabama and Mississippi, alarming scientists and a federal agency charged with monitoring the health of the Gulf of Mexico. Moby Solangi, the executive director of the Institute for Marine Mammal Studies (IMMS) in Gulfport, Mississippi, said Thursday he's never seen such high death numbers. "I've worked with marine mammals for 30 years, and this is the first time we've seen such a high number of calves," he said. "It's alarming." At least 24 baby dolphins have washed up on the shores of the two states since the beginning of the year - more than ten times the normal rate. Also, six older dolphins died.


USA Today: Reported air-traffic errors rise 81% over 2007

More than 1,800 errors by air-traffic controllers — including 43 most likely to cause a midair collision between planes — were reported to the Federal Aviation Administration last year. The agency says that points up the need for greater safety steps. Air-traffic errors that allowed planes to get too close together jumped 81% from 2007 to 2010, according to newly released data by the FAA, rising from 1,040 to 1,887. Those most likely to cause a collision or an accident were also up from 34 in 2007 to 43 last year, a 26% increase. The higher number of reported errors involving airliners, private planes and military aircraft don't pose a sudden increase in the risk to fliers, the FAA says. Instead, the agency insists the numbers are the result of several years of effort to improve reporting.


CNN: TSA officer pleads guilty to stealing from passengers

A New Jersey Transportation Security Administration officer on Thursday pleaded guilty to federal charges that he and his supervisor regularly stole from passengers during screenings at Newark Liberty International Airport, according to federal prosecutors. Officer Al Raimi, 29, pleaded guilty in U.S. District Court in Newark. He admitted that for nearly a year, he stole between $10,000 and $30,000 in cash from travelers as they passed through a security checkpoint at the airport. Raimi admitted that he would "kick up" some of that money to a supervisor, who in turn allowed him to keep stealing. The supervisor, Michael Arato, pleaded guilty earlier this month to accepting kickbacks and bribes.


CNN: Alleged New England mob boss snared in massive sting pleads not guilty

A reputed former New England mob boss pleaded not guilty Thursday in federal court, just over a month after he was among 127 people nabbed in a massive sting targeting organized crime. Luigi "Baby Shacks" Manocchio pleaded not guilty in the U.S. District Court of Rhode Island in Providence, according to court documents. He remains behind bars until a March 1 bond hearing. Manocchio's attorney, Mary J. Ciresi, told CNN affiliate WPRI that she was optimistic that Manocchio could make bond next week. All pretrial motions must be filed by May 16, and his trial will start no earlier than June 1, an arraignment and pretrial discovery order from U.S. Magistrate Judge David Martin indicated.


CNN: Shuttle Discovery takes off on its final flight

The Space Shuttle Discovery launched late Thursday afternoon from Kennedy Space Center in Florida, marking the start of its 39th and final flight. "This was a pretty successful day," said Bill Gerstenmaier, NASA's associate administrator for space operations. "It was just an amazing event." The six-member crew will deliver a storage module, a science rig and spare parts to the international space station during its 11-day mission.


CNN: Billboard focused on African-American abortions was taken down

A New York billboard that focused exclusively on African-American abortion rates was taken down because of concerns for public safety, said Hal Kilshaw, spokesperson for Louisiana-based Lamar Advertising, on Thursday. The billboard was erected by group opposed to abortions. The billboard was attached to a building that houses the restaurant Lupe's Kitchen. Some of the wait staff, Kilshaw said, were being harassed by patrons who objected to the billboard. In addition, a scheduled protest Friday by people opposed to the billboard prompted public safety concerns, which led to the company's decision.


INTERNATIONAL

For the latest international news: http://edition.cnn.com


CNN: Libyan chaos raises worries over chemical weapons stockpile

The chaos in Libya has raised fears about the security of deadly mustard gas stockpiled in the country and whether Libyan leader Moammar Gadhafi might use it on his own people. A U.S. official said that in a "chaotic situation" there is concern about Libya possessing mustard gas and other chemical agents. Although there has been no signs that the Libyan leader has ordered their use, Gadhafi is often described by officials as an unpredictable, mercurial individual.


CNN: Libya: An opportunity for al Qaeda?

Libya's beleaguered leader Moammar Gadhafi Thursday blamed the uprising sweeping Libya on Osama bin Laden and al Qaeda, accusing the terrorist group of supplying Libyans with pills inducing them to revolt. "Our children have been manipulated by al Qaeda," he told Libyan state television by telephone. Some may view this as Gadhafi's greatest delusion yet. Militant Islamists have played almost no role in the uprisings in Libya or anywhere else in the Arab world, and for most Arabs, energized by a powerful democracy movement, al Qaeda now appears more irrelevant that ever. But there is nevertheless a danger that spiraling violence in Libya may provide militant Islamist groups future opportunities in the country.


CNN: Analysts: More Libyan bloodshed could prompt U.S., NATO intervention

If the U.S. military were to intervene in an increasingly chaotic Libya, it would most likely be part of a NATO action in which Libyan bloodshed has reached a humanitarian crisis, analysts said Thursday. As reports emerged Thursday about deadly clashes between leader Moammar Gadhafi's forces and anti-government protesters in the town of Zawiya near Tunisia, analysts highlighted how Gadhafi has already pledged to fight a rebellion to martyrdom. Military intervention "is something which I hope doesn't happen, but it looks as though at some point that it should happen," said Simon Henderson, senior fellow at the Washington Institute for Near East Policy.


CNN: Death toll rises from New Zealand quake as searches continue

The death toll from the 6.3-magnitude earthquake that struck Christchurch this week has risen to 113, police said Friday morning. More people are feared dead, and more than 200 are still missing, police said. Police Superintendent Dave Cliff told reporters that he had "grave fears" for the missing and authorities were having difficulty identifying victims because of the condition of the bodies found. The somber announcement came as authorities carried out more house-to-house searches in a desperate hunt for survivors.


New York Times: U.S. Pulling Back in Afghan Valley It Called Vital to War

After years of fighting for control of a prominent valley in the rugged mountains of eastern Afghanistan, the United States military has begun to pull back most of its forces from ground it once insisted was central to the campaign against the Taliban and Al Qaeda. The withdrawal from the Pech Valley, a remote region in Kunar Province, formally began on Feb. 15. The military projects that it will last about two months, part of a shift of Western forces to the province’s more populated areas. Afghan units will remain in the valley, a test of their military readiness. While American officials say the withdrawal matches the latest counterinsurgency doctrine’s emphasis on protecting Afghan civilians, Afghan officials worry that the shift of troops amounts to an abandonment of territory where multiple insurgent groups are well established, an area that Afghans fear they may not be ready to defend on their own.


CNN: India offers 'hands of our friendship' to Pakistan

Full growth of the Asian subcontinent hinges on normalization of ties between New Delhi and Islamabad, Indian Prime Minister Manmohan Singh said Thursday as the two arch-foes prepared to resume their dialogue frozen by the 2008 terror attacks on Mumbai. In his address to parliament, Singh extended what he called his country's hand of friendship to its western neighbor. "I sincerely hope and believe that the new ruling classes of Pakistan would grasp the hands of our friendship and recognize that, whatever are our differences, terror, as an instrument of state policy, is something that no civilized society ought to use," he said.


BUSINESS

For the latest business news: www.CNNMoney.com


CNNMoney: Oil prices spike to $103, then drop back

Oil prices took a slight step back Thursday, but crude has seen a large runup this week as the political upheaval in Libya curtails production from the North African country. The U.S. benchmark oil contract, West Texas Intermediate, for April delivery fell 82 cents, or 0.8%, to settle at $97.28 a barrel. Prices hit a high of $103 a barrel earlier in the session. Just last week, crude prices were trading below $90 a barrel. Brent crude, the European standard, fell 44 cents, or 0.5%, to $110.76 a barrel in electronic trading.


CNNMoney: Oil shock threatens airline recovery

U.S. airlines had their best year in a decade in 2010, but with a mere 2% profit margin. Now that razor-thin cushion is threatened by rising fuel prices - and with it so is the industry's nascent recovery. "While labor costs have been going down, fuel prices have been going up," said Frank Werner, a finance professor at Fordham University and a licensed pilot. "Fuel prices are now the highest cost for the airlines." In recent days, travelers have started witnessing the industry's response. Carriers have successfully increased airfares four times so far this year, exceeding the total number of airfare hikes for all of last year, according to Rick Seaney, chief executive of Farecompare.com. As a result, consumers are paying, on average, $40 more than they were at the end of 2010.


Wall Street Journal: Pressures Mount to Resume Drilling

Interior Secretary Ken Salazar plans to meet with oil industry executives in Houston Friday to assess the industry's readiness to handle a major offshore oil spill, amid growing pressure from congressional Republicans and a federal judge to resume deep-water drilling in the Gulf of Mexico. Mr. Salazar is expected to meet with representatives of an industry-led consortium, Marine Well Containment Co., and Helix Energy Solutions Group Inc., a company that aided BP PLC with BP's response to last year's Gulf of Mexico oil spill. The Obama administration has said the oil industry must demonstrate it can quickly contain a large offshore spill before it will allow companies to resume drilling in waters deeper than 500 feet. The recent jump in world oil prices and U.S. gasoline prices following unrest in Libya has spurred renewed calls from many Republicans and Gulf Coast Democrats in Congress to allow more domestic production. One House committee is scheduled to hold hearings on drilling policy next month.


Financial Times: US warns extreme food prices will stay

The world faces a protracted bout of extremely high food prices, the US government has warned, overwhelming farmers’ ability to cool commodity markets by planting millions of additional hectares with crops. The US Department of Agriculture on Thursday forecast nominal record farm-gate prices for corn, wheat and soyabeans in the crop year that begins with the 2011 harvests. It added that food inflation would surge in the second half of this year as wholesale prices filtered through the supply chain, affecting consumers. The warning at the USDA Outlook Forum in Washington, the biggest annual gathering of the agribusiness sector, is likely to fuel global concerns about rising inflation and the potential for destabilising food riots in developing countries.


In Case You Missed It


CNN's Anderson Cooper speaks with a reporter and his source about a recent report in Rolling Stone magazine.

http://www.cnn.com/video/#/video/bestoftv/2011/02/24/exp.ac.rollingstone.report.cnn


CNN's John King talks to Mike Huckabee about his new book and whether or not he'll run again for president.

http://www.cnn.com/video/#/video/bestoftv/2011/02/24/jk.mike.huckabee.book.cnn


Subscribe to the CNN=Politics DAILY podcast at http://www.cnn.com/politicalpodcast


And now stay posted on the latest from the campaign trail by downloading the CNN=Politics SCREENSAVER at http://www.CNN.com/situationroom



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Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


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The Baltic Sea – glittering by maurice flower


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...


bench craft company

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.

RealClearPolitics - The Big <b>News</b> Isn&#39;t Jobs, It&#39;s Wages

March 5, 2011. The Big News Isn't Jobs, It's Wages. Robert Reich, Huffington Post. Tweet. AP Photo. Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192000 new jobs in February (220000 new jobs in the ...

Hyper-Local <b>News</b>: It&#39;s About the Community or It Fails: Tech <b>News</b> <b>...</b>

AOL has agreed to acquire Outside.in, a hyper-local news aggregator, for substantially less than investors put into the company. Like many other experiments in hyper-local news, it failed to connect with the communities it was supposed ...



The Baltic Sea – glittering by maurice flower




















































Thursday, February 17, 2011

personal finance





Nine Common Mistakes to Avoid When Filing Your Tax Return [Wallet Pop] "Here's a rundown of nine mistakes to avoid when filing your tax return."

Why It's Worth Paying for a Tax Pro [Wall Street Journal] "Tax specialists can help ensure that business owners don't pay Uncle Sam too much or too little and help identify all the tax breaks they're eligible to receive."

9 Tips to Find a Tax Pro: But Do You Really Need One? [Money Talks News] "The majority of Americans use a professional to help them file their taxes. Here's how to find the best one for you. But are they really worth the money?"

5 Awesome Alternatives to Groupon [Wise Bread] "If glancing at one good buy a day is leaving you wanting for more, check out a few of the attention-worthy sites all destined to give the original a run for its money."

Tax Relief Act: Four retirement moves to make [Market Watch] "Here's a recap of what experts suggest you might do with your retirement accounts."

— FREE MONEY FINANCE







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NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


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NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


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NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


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NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


bench craft company sales

NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


bench craft company scam

NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


bench craft company scam

NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


bench craft company sales

NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...


benchcraft company scam

NYT&#39;s Fed reporter to become deputy op-ed editor « Talking Biz <b>News</b>

Talking Biz News. Information about business journalism, from the Carolina Business News Initiative. « Why the FT and the Economist have been successful in America � No Comments. NYT's Fed reporter to become deputy op-ed editor. 2011 ...

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.

Fox <b>News</b> passes off CPAC 2010 footage of boos for Ron Paul as from <b>...</b>

Video has surfaced from Fox News's coverage of last week's Conservative Political Action Conference demonstrating that Fox misused footage following the announcement that Texas Rep. Ron Paul won the 2011 CPAC presidential straw poll. ...















Tuesday, February 15, 2011

Women Making Money


Wayne LaPierre, the CEO of the National Rifle Association, delivered what appeared to be his stock speech, saying the media exploits grief produced by violence by making it about gun control. He read the names of a dozen Americans, all victims of mass shootings, shaming the media for making their killers famous while they are forgotten. His presentation took on the drama of America's Most Wanted as he played the 911 recording of an unarmed woman trying to resist an armed intruder. How safe, he asked women in the audience, do you feel in a dark parking lot? "And these clowns want to ban magazines? Are you kidding me?"


He left no ambiguity about where the NRA stands on congressional efforts to ban large-size magazine clips like the shooter in Tucson used. He patted himself and his organization on the back for maintaining a "respectful silence" in the face of calls for more of what he considers ineffective laws that penalize law-abiding gun owners. "As soon as you leave this hotel, your life is in jeopardy," he said, reciting a laundry list of alarming statistics on the number of Americans who would soon be murdered, maimed, robbed and forcibly raped. He showed a clip out of Cairo with a correspondent reporting on the breakdown in order, and how Egyptians were taking matters into their own hands.  "The only way to stop a bad guy with a gun is with a good guy with a gun," he said.


There was a lot of talk at CPAC about American exceptionalism, and how the elites in Washington, Manhattan, and San Francisco don't believe in it, and how President Obama doesn't command respect in the world the way that, say, Ronald Reagan did. Every speaker paid homage to Reagan; on whatever the subject, and sometimes despite the facts, Reagan is the benchmark for success. But when you translate the American specialness conservatives cite into policy, the results can be disquieting. It apparently means more God, with one display inquiring, "Why are you a conservative?" The most succinct response, "Because God is." It means cracking down on immigration, conveniently forgetting that President Reagan signed an amnesty bill, and of course repealing Obama's health-care law, which Iowa Republican Steve King calls a cancer tumor that must be pulled out by its roots and eradicated before it metastasizes.


A panel on "political correctness" in the military assailed the recent overturning of the Don't Ask, Don't Tell policy on gay soldiers. Elaine Donnelly of the Center for Military Readiness claimed the survey of troops was faulty because it relied too heavily on respondents who said they knew and had worked with someone who was gay. That, she said, didn't mean they were ready to overturn DADT.


“As soon as you leave this hotel, your life is in jeopardy.”





Clockwise from left: The audience at CPAC. National Rifle Association Executive Vice President/CEO Wayne LaPierre, Center for Military Readiness President Elaine Donnelly, and Kansas Secretary of State Kris Kobach. (AP Photo)


Ilario Pantano, a former Marine and a fiery speaker, said that America is a Christian nation, and that's being denied because we have to be tolerant of everybody else's worldview. "It's time to start offending and start talking about God's truth," he declared, concluding to thunderous applause, "The ultimate founding document is the Bible."


A panel on immigration featured Kansas Secretary of State Kris Kobach, who wants the federal government to stop sending money to "sanctuary cities" like San Francisco that don't enforce immigration laws, and states that give tuition breaks to illegal immigrants. Another panelist deplored the notion of granting citizenship to illegal immigrants in exchange for military service, wondering how you can trust people to defend the country when they broke the law to get here.


The hearts of many CPAC activists seem to be with the social issues, and among the speakers, former Pennsylvania Senator Rick Santorum is the embodiment of those issues. Santorum, who is running for president, implored the CPAC audience to join with him in an army anyone can join, one in which they don't need a uniform. After his remarks a questioner asked, "We're all ready to fight, but how do we know when we've won?"


When we repeal Obamacare, reduce the size of government, and get the courts to stop attempting to redefine life and marriage, Santorum responded.


A panel in support of traditional marriage featured two of the very few African Americans attending this conference. Michael Faulkner got a big round of applause for having run against Democrat Charles Rangel in the last election. Bishop Harry Jackson of the Hope Christian Church in Maryland implored the audience to seize the opportunity to bring blacks, Hispanics, and others into the conservative movement based on their shared conservative social values. "Don't throw us under the bus, don't push social issues over to the corner," he declared. "Stand with me and decide if this is a multicultural, multiracial movement. We can change America!"


• Howard Kurtz: Romney Tries MockeryHe brought the almost all-white crowd to their feet, and then a questioner brought everyone back to reality. Noting the shared commitment to traditional marriage and the antiabortion agenda that conservatives share with black Americans, she asked, "Where do we lose them?" Faulkner, who lives in Harlem, took a stab at answering. "It's not our values, it's our message.... It's a disconnect we need to work on."


Conservatives built their movement on a set of social issues and have regularly capitalized on them. These issues took a backseat during the 2010 elections, but their power to motivate these voters is undiminished.


Eleanor Clift is a contributing editor for Newsweek.


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Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs. Here's what we found today:


Twitter's sky-high valuation. Is the microblogging start-up really worth $10 billion? The eye-popping figure is being bandied about in Silicon Valley, according to The Wall Street Journal, which reports that both Google and Facebook have engaged in "low-level talks" recently to snap up Twitter. Could such rich valuations—Facebook at $50 billion, Groupon at $6 billion and the Huffington Post at $315 million—lead to another tech bubble? A warning from Ethan Kurzweil of Bessemer Venture Partners: "Are these prices justifiable based on financial multiples? No."


Turning your site into a profit center. Ben Lerer, founder of Thrillist.com and Inc. TV veteran, knows a thing or two about making money off of digital content. After all, Thrillist has millions of subscribers, a devoted following, and, following the recent acquisition of JackThreads.com, a bona-fide commerce arm. In a recent post for OPEN Forum, Lerer discusses the need to monetize your site, even if that means going outside your traditional business model. "In the future, the smartest content companies are going to find ways to leverage their big audience to make money in commerce," Lerer writes. "What those guys would be well-served to think about is how best to otherwise monetize the audience they have, and I don't think selling content on the iPad is the answer." The same theory can be applied to commerce companies, that is, building legitimate content to keep audiences interested, Lerer says.

Unemployment reaches lowest levels in three years. Even with severe weather and snowstorms causing temporary layoffs over the last month, unemployment levels continue to steadily decrease. The New York Times reports unemployment applications sunk to their lowest point since July 2008. Unemployment applications currently stand at about 383,000, significantly lower than the recession's low point in March 2009, when applications peaked at 651,000. According to the U.S. Department of Labor, unemployment applications are a good barometer of companies' willingness to hire, but applications would need to sit consistently below 375,000 to indicate a significant decline in the unemployment rate. Nearly 14 million people remain out of work, and 9.4 million people continue to receive unemployment aid.


Maybe the clothes do make the business woman. Months ago, the media had a field day after Swiss Bank UBS AG crafted a detailed 43-page employee code instructing staff members on how to "dress to impress."  Now, Harvard Business Review reports that the Center for Work-Life Policy has produced new research showing that the Swiss bank wasn't too far off by suggesting a dress code for women.  After surveying over a thousand males and females working in corporate America, more than half of the women agreed that not only does a woman in a high position need to dress conservatively, but that clothing and success go hand-in-hand. The question is who's responsible for providing business women with "constructive feedback" on what to wear and how to wear it. Perhaps their male colleagues?  Yeah, right.


From penalty box to corporate suite. It's an unspoken truth: professional athlete entrepreneurs are usually just glorified spokespeople. But today's OPEN Forum has the story of Zenon Konopka, a center for the New York Islanders, who, according to the story, is as passionate about his two businesses, Prime Wine Products and Pure Press Oil, as he is about hockey.  As one colleague tells OPEN Forum, "He calls before his pregame naps to talk business, and he texts me at two in the morning with ideas. If he didn't put money in, I would have paid him to be a part of this." Konopka first learned about business as a kid growing up in Ontario, selling produce at a local market, and later, buying a local pub with his family. Now, Konopka is hoping to keep the tradition of running a family business alive. He tells OPEN Forum, "I want to build a business big enough and profitable enough that I have the luxury to have my friends and family involved in the business, working in the business, and able to grow with the business."


BBC's unnoffical archivist. In a effort save money, the BBC announced a couple of months ago that it has plans to cut 172 websites. But fear not. An anonymous good samaritan has taken the time to archive the doomed sites in a BitTorrent file for public access. The cost for copying, archiving, and redistributing the online content from all 172 websites? A mere $3.99. "The purpose of this project is to show how the entire 172 public facing websites that are earmarked for deletion have been copied, archived, distributed and republished online - independently - for the price of a cup of Starbucks coffee," according to the anonymous archivist.


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Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company credit card

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company me

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company me

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company me

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company credit card

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company me

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company me

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.


bench craft company credit card

Weekly Search &amp; Social <b>News</b>: 02/15/2011 | Search Engine Journal

Hello and welcome back to '7 Days of Search and Social'. Another week, another drama. While I've not looked historically to past years, one does have to wonder.

CBS <b>News</b> reporter Lara Logan sexually assaulted in Egypt - From <b>...</b>

CBS says Logan was the victim of “a brutal and sustained sexual assault and beating” while covering the events in Egypt last week.

Small Business <b>News</b>: Happy Valentine&#39;s Day!

Valentine's Day is here. Talk about a recognizable brand! But what can this day of love teach you about improving your business by building better customer.