Tuesday, January 31, 2012

Wage gains offer welcome relief

After lagging the growth in spending, personal income rose solidly in December.

By John W. Schoen, Senior Producer

American consumers caught a break in their paychecks in December ? and the money went right into their saving accounts.

That could help ease the recent squeeze on household finances. But it?s not at all clear whether the trend will continue.

Personal income rose by?0.5 percent in December, after edging up just 0.1 percent in November, according to the Commerce Department. For months, wage gains have been meager, forcing consumers to lean more heavily on their credit cards to pay the bills. The income bump last month could help spur a bigger pickup in consumer spending, which would help keep the economic recovery on track.

?We need worker compensation to pick up if consumption is to rise,? said Joel Naroff, chief economist at Naroff Economic Advisors, ?and that may finally be happening.?

Household budgets got some additional relief on prices, which edged up just 0.1 percent in December after holding steady in the prior two months. A decline in gas prices helped offset price rises elsewhere as energy prices fell 1.3 percent. For all of 2011, the Commerce Department?s price gauge?rose 2.4 percent. (The government?s best-known inflation tracker, the Consumer Price Index, rose 3 percent in 2011, double the increase in 2010.)

But even as their spending power increased in December, consumers took the extra wages and stashed them in their savings accounts, leaving?consumer spending?flat for the month. The?savings rate rose to?4 percent, the highest reading since August.

The boost in income was a welcome relief. Sluggish wage gains last year forced households to draw down their savings to pay the bills. Over the past 18 months the savings rate had fallen from 5.8 percent to just 3.5 percent in November. That trend was unsustainable, according to Capital Economics? senior economist Paul Dales.

?Now households are devoting part of their additional income to boosting their savings,? he said. ?That?s still not high enough, suggesting that real consumption probably won?t grow by much more than 1.5 percent this year.?

Continued sluggish consumer spending doesn?t bode well for the U.S. economy, which most economists believe will slow to a growth pace of just 2 percent this year. If income growth remains weak, so will the growth in consumer spending - which accounts for roughly 70 percent of gross domestic product.

?We expect consumer spending adjusted for inflation to increase about 2.2 percent this year,? said Chris Christopher Jr., a senior economist with IHS Global Insight. ?This is nothing to write home about. However, compared to our counterparts in Europe ? the American consumer and economy are looking relatively good.??

Are your household finances improving? Share your thoughts on Facebook.?

Are your household finances improving?

Source: http://bottomline.msnbc.msn.com/_news/2012/01/30/10271191-wage-gains-offer-welcome-relief-to-workers

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Monday, January 30, 2012

Sonicating sperm -- the future of male contraception

Sonicating sperm -- the future of male contraception [ Back to EurekAlert! ] Public release date: 29-Jan-2012
[ | E-mail | Share Share ]

Contact: Dr. Hilary Glover
hilary.glover@biomedcentral.com
44-203-192-2370
BioMed Central

The ideal male contraceptive would be inexpensive, reliable, and reversible. It would need to be long acting but have few side effects. New research published in BioMed Central's open access journal Reproductive Biology and Endocrinology used commercially available therapeutic ultrasound equipment to reduce sperm counts of male rats to levels which would result in infertility in humans.

Ultrasound's potential as a male contraceptive was first reported nearly 40 years ago. However the equipment used is now outdated and no longer available. Researchers from the Department of Pediatrics at the University of North Carolina School of Medicine used these experiments as a starting point to see if modern ultrasound equipment usually used for physical therapy could be used as a male contraceptive.

The team led by James Tsuruta found that by rotating high frequency (3MHz) ultrasound around the testes they were able to cause uniform depletion of germ cells throughout the testes. The best results were seen using two sessions consisting of 15 minutes ultrasound, two days apart. Saline was used to provide conduction between the ultrasound transducer and skin, and the testes were warmed to 37 degrees centigrade. Together this reduced sperm to a Sperm Count Index of zero (3 million motile sperm per cauda epididymis).

The World Health Organization has defined oligospermia (low sperm concentration) as less than 15 million sperm per ml. Dr Tsuruta explained, "Unlike humans, rats remain fertile even with extremely low sperm counts. However, our non-invasive ultrasound treatment reduced sperm reserves in rats far below levels normally seen in fertile men (95% of fertile men have more than 39 million sperm in their ejaculate). However further studies are required to determine how long the contraceptive effect lasts and if it is safe to use multiple times."

###

Notes to Editors

1. Therapeutic ultrasound as a potential male contraceptive: power, frequency and temperature required to deplete rat testes of meiotic cells and epididymides of sperm determined using a commercially available system
James K Tsuruta, Paul A Dayton, Caterina M Gallippi, Michael G O'Rand, Michael A Streicker, Ryan C Gessner, Thomas S Gregory, Erick JR Silva, Katherine G Hamil, Glenda J Moser and David C Sokal
Reproductive Biology and Endocrinology (in press)

Please name the journal in any story you write. If you are writing for the web, please link to the article. All articles are available free of charge, according to BioMed Central's open access policy.

Article citation and URL available on request at press@biomedcentral.com on the day of publication.

2. Reproductive Biology and Endocrinology (RB&E) is an open access, peer-reviewed, online journal that aims to act as a forum for the dissemination of results from excellent research in the reproductive sciences.

3. BioMed Central (http://www.biomedcentral.com/) is an STM (Science, Technology and Medicine) publisher which has pioneered the open access publishing model. All peer-reviewed research articles published by BioMed Central are made immediately and freely accessible online, and are licensed to allow redistribution and reuse. BioMed Central is part of Springer Science+Business Media, a leading global publisher in the STM sector.


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

?


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


Sonicating sperm -- the future of male contraception [ Back to EurekAlert! ] Public release date: 29-Jan-2012
[ | E-mail | Share Share ]

Contact: Dr. Hilary Glover
hilary.glover@biomedcentral.com
44-203-192-2370
BioMed Central

The ideal male contraceptive would be inexpensive, reliable, and reversible. It would need to be long acting but have few side effects. New research published in BioMed Central's open access journal Reproductive Biology and Endocrinology used commercially available therapeutic ultrasound equipment to reduce sperm counts of male rats to levels which would result in infertility in humans.

Ultrasound's potential as a male contraceptive was first reported nearly 40 years ago. However the equipment used is now outdated and no longer available. Researchers from the Department of Pediatrics at the University of North Carolina School of Medicine used these experiments as a starting point to see if modern ultrasound equipment usually used for physical therapy could be used as a male contraceptive.

The team led by James Tsuruta found that by rotating high frequency (3MHz) ultrasound around the testes they were able to cause uniform depletion of germ cells throughout the testes. The best results were seen using two sessions consisting of 15 minutes ultrasound, two days apart. Saline was used to provide conduction between the ultrasound transducer and skin, and the testes were warmed to 37 degrees centigrade. Together this reduced sperm to a Sperm Count Index of zero (3 million motile sperm per cauda epididymis).

The World Health Organization has defined oligospermia (low sperm concentration) as less than 15 million sperm per ml. Dr Tsuruta explained, "Unlike humans, rats remain fertile even with extremely low sperm counts. However, our non-invasive ultrasound treatment reduced sperm reserves in rats far below levels normally seen in fertile men (95% of fertile men have more than 39 million sperm in their ejaculate). However further studies are required to determine how long the contraceptive effect lasts and if it is safe to use multiple times."

###

Notes to Editors

1. Therapeutic ultrasound as a potential male contraceptive: power, frequency and temperature required to deplete rat testes of meiotic cells and epididymides of sperm determined using a commercially available system
James K Tsuruta, Paul A Dayton, Caterina M Gallippi, Michael G O'Rand, Michael A Streicker, Ryan C Gessner, Thomas S Gregory, Erick JR Silva, Katherine G Hamil, Glenda J Moser and David C Sokal
Reproductive Biology and Endocrinology (in press)

Please name the journal in any story you write. If you are writing for the web, please link to the article. All articles are available free of charge, according to BioMed Central's open access policy.

Article citation and URL available on request at press@biomedcentral.com on the day of publication.

2. Reproductive Biology and Endocrinology (RB&E) is an open access, peer-reviewed, online journal that aims to act as a forum for the dissemination of results from excellent research in the reproductive sciences.

3. BioMed Central (http://www.biomedcentral.com/) is an STM (Science, Technology and Medicine) publisher which has pioneered the open access publishing model. All peer-reviewed research articles published by BioMed Central are made immediately and freely accessible online, and are licensed to allow redistribution and reuse. BioMed Central is part of Springer Science+Business Media, a leading global publisher in the STM sector.


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

?


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


Source: http://www.eurekalert.org/pub_releases/2012-01/bc-ss012712.php

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Mary Tyler Moore honored for lifetime achievement (AP)

LOS ANGELES ? Mary Tyler Moore made it after all.

The 75-year-old actress, who as Mary Richards "turned the world on with her smile" in her groundbreaking 1970s sitcom "The Mary Tyler Moore Show," received the lifetime achievement award at Sunday night's 18th annual Screen Actors Guild Awards.

"MTM. There's probably not a person in the civilized world who doesn't know what that means," said Dick Van Dyke, her former co-star in the equally appealing 1960s sit-com "The Dick Van Dyke show," as he introduced her.

He noted Moore's achievements as an Oscar-nominated actress, a dancer and a Hollywood executive whose MTM Enterprises has produced several other hit TV shows.

As she accepted her award, Moore revealed how the civilized world almost never did hear of MTM, who was told in the opening theme song of her show each week, "You're gonna make it after all."

When she entered show business at age 18 in 1955, Moore said, there were already six others Mary Moores in the Screen Actors Guild.

Told to change her name, she quickly added Tyler, the middle name of both her and her father, George.

"I was Mary Tyler Moore. I spoke it out loud. Mary Tyler Moore. It sounded right so I wrote it down on the form, and it looked right," she said. "It was right. SAG was happy, my father was happy, and tonight, after having the privilege of working in this business among the most creative and talented people imaginable, I too am happy, after all."

Before the awards show Van Dyke had stopped on the red carpet to remember working with Moore on his show.

"She was 23 and had never done comedy. I never saw somebody pick it up so fast. I still have a crush on her," he said.

The show's audience, including Moore's former co-star Betty White, showered both her and Van Dyke with standing ovations, leading Van Dyke to remind them, "I'm just a presenter."

Van Dyke and Moore were so believable as husband and wife Rob and Laura Petrie on "The Dick Van Dyke Show" that many viewers thought they were married in real life.

As Laura Petrie, Moore also turned Capri pants into a fashion trend during the show's run.

Van Dyke noted they fit her so well, which created such a concern during that more conservative era, that she was limited to wearing them in only one scene per show.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//news.yahoo.com/s/ap/20120130/ap_en_ot/us_sag_awards_mary_tyler_moore

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Sunday, January 29, 2012

With The Twist of a Handle, This Flat Whisk Becomes a Balloon Whisk [Food]

When it comes to the kitchen, simplicity reigns supreme. Cooking gadgets and tools are novel, but more often than not, they're better in concept than actuality. The Twist Whisk, which transforms from a flat whisk to a balloon whist, appears to be a bit of an anomaly. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/AHW48h6xvBs/with-the-twist-of-a-handle-this-flat-whisk-becomes-a-balloon-whisk

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Matt Yglesias Is Wrong About Copyright

Oh, but Caleb, you will say. A lunch is different than an electronic copy of a work of art. And I would answer, Yes, that's true, but that's a separate issue, which I'll get to in a moment. The rationale quoted above depends in no way on the nature of what is taken. It's merely a claim that the economy-boosting spending potential of a thief is not necessarily impaired by his theft, and it can justify, or at least minimize the harm of, the theft of anything, abstract or concrete. It depends in no way on the nature of what is taken. Let's try taking Yglesias' laptop, for example. Here we go. ... Great! Now I have a new laptop. And the money that I was going to spend upgrading mine, I'm now free to spend on a new bicycle! Somebody in Portland will hand-make it, probably. A hipster has been given a job! Yglesias' laptop is my new bicycle! The Internet is so much fun.

Source: http://feeds.slate.com/click.phdo?i=6b9eac2a08a3a776ab52169e99705405

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Saturday, January 28, 2012

January 16-20, 2012: Social Media Win a Big One in Washington

In a powerful show of strength for social media and technology leaders, the online community derailed, at least temporarily, major legislation that had garnered significant support among Washington politicians and lobbyists.

Last week, Congress was scheduled to vote on two bills aimed at combating illegal downloading and streaming of movies and TV shows on the internet-the House's Stop Online Piracy Act (SOPA) and the Senate's Protect IP Act (PIPA). However, bloggers, Twitter users and social media giants like Google united against the bills because of fears the legislation would give media companies too much power and constitute internet censorship. The online pressure was so strong that despite efforts from 115 companies and organizations that had lobbyists working on the bills, both houses of Congress announced on January 20 they would postpone the legislation.

For the week of January 16-20, the protests over the piracy legislation was the No. 1 subject on both blogs and Twitter, according to the New Media Index from the Pew Research Center's Project for Excellence in Journalism. And on both types of social media, there was overwhelming agreement that the bills would be detrimental to freedom on the web. In a related finding, the Pew Research Center for the People & the Press found that nearly one-quarter (23%) of adults between the ages of 18 and 29 followed the SOPA battle more closely than any other topic last week, making it a bigger story among that youthful demographic than the presidential race.

That level of interest was in full display online. A massive online protest was staged on Wednesday, January 18, with Wikipedia taking its site down for the day and thousands of other sites following suit. At the same time, millions of individuals signed online petitions and voiced their opposition to the bills.

The relationship between the protests and the reaction by Congress was seen as a clear and crucial victory for online activism.

As Columbia Professor Tim Wu told the New York Times, "This is the first real test of the political strength of the Web, and regardless of how things go, they are no longer a pushover...The Web taking a stand against one of the most powerful lobbyers and seeming to get somewhere is definitely a first."

The Argument Against the Bills

Supporters of the SOPA and PIPA bills claimed the intent was to give media companies recourse against websites that host pirated material, even if the website was not responsible for producing or posting the content. On social media, however, there was widespread concern that the legislation would do more harm than good.

"The way it's written - which is not very well - makes it so that the people creating original content (the studios, etc.) have far-reaching, unbridled, free reign to take out anyone who they have a ?good faith belief' is stealing their stuff," explained Bobby Hundreds at Hype Beast. "The Internet, for all its benefits and burdens, is built upon freedom - free information, free thought, free expression - and...SOPA falls nothing short of censorship."

Many believed the bill would alter the nature of the internet forever.

"These two poorly worded bills are a futile attempt to crack down on piracy on the web in the US," wrote Amy E. Boyte. "If the legislation passes, it will ruin social sites. Can you imagine a world without Twitter, Google, Facebook and YouTube? There is no way that all these sites can successfully police their content 24/7. We will be forced into a world without free knowledge."

"SOPA basically means that anyone (read: Hollywood) can accuse anyone else (read: small businesses like yours and mine) of copyright violation, and punitive action will be taken (read: our sites will be taken down indefinitely) with no recourse, no chance for appeal, and with a ?guilty until proven innocent' mentality that is completely antithetical to Western democracy," warned Danny at Firepole Marketing in an email posted on Social Caffeine.

Online Activism

The January 18 protests were massive. Large sites such as Wikipedia, Reddit and Moveon.org went dark for the day.

"The freedom, innovation, and economic opportunity that the Internet enables is in jeopardy," read the Reddit blog explaining their move. "There are powerful forces trying to censor the Internet, and a few months ago many people thought this legislation would surely pass. However, there's a new hope that we can defeat this dangerous legislation."

"For over a decade, we have spent millions of hours building the largest encyclopedia in human history," explained Wikipedia. "Right now, the U.S. Congress is considering legislation that could fatally damage the free and open internet. For 24 hours, to raise awareness, we are blacking out Wikipedia."

Google organized an online petition that generated signatures from at least 4.5 million people.

"Members of Congress are trying to do the right thing by going after pirates and counterfeiters but SOPA and PIPA are the wrong way to do it," declared Google.

Many bloggers linked to editorials condemning the bills on sites such as Mashable and Gizmodo.

On Twitter, an informational page on Wikipedia which included talking points for opponents was widely disseminated.

According to a project called Fight for the Future, a non-profit organization leading opposition to the bill, the protests included more than 115,000 distinct sites, more than 2 million mentions on Twitter and 10 million petition signatures in total.

Calls to action for contacting representatives or signing petitions were ubiquitous.

"You may feel like you're one person with one vote, small and unheard. If these bills pass you will be unheard!" determined Itchin' Stitchin'. "These are some links with more information and some petitions."?

"You can't just complain about it.? If you just sit there and get outraged, discuss it with your friends and family, ?rally' behind all the sites going dark, and dedicate your Facebook for a day by making a meaningful post about it," pleaded Becky Bean at The Blog of Becky.

Even many people who usually stayed away from politics and technological advances got involved.

"While generally I do like to be political, I try to avoid all of that here. This is a beer blog. But on one particular issue I can no longer stay neutral," wrote the author of the blog I'll Have a Beer. "Today, in support of the protest of SOPA and PIPA, I'll Have a Beer will be blacked out for 24 hours. Please contact your Senator or Congressman to ensure that this attack on civil liberties is put to a stop."

And in an unusual moment of unanimity, even those questioning the form of the protests agreed the bills should be stopped.

"Quite a few sites...are ?going dark' in protest of the proposed SOPA and PIPA accts...I won't, because of my distaste for the sanctimonious political theater the Left is so fond of," described Public Secrets "However, this issue is one of those rare ones that brings both Right and Left together...So, while I won't be draping this site in black, today, I do urge you to contact your senator to urge the withdrawal or defeat of PIPA."

"I agree; SOPA and PIPA need to be stopped," shared Steve's Blogspot. "I'm unimpressed with the going dark thing, however. Seems a bit like giving up your guns to protest a gun ban."

Impact on the White House and Congress

Even prior to the January 18 protests, the White House responded to earlier online petitions by announcing on January 14 that it would oppose the SOPA and PIPA bills.

The focus of the online organizing became members of Congress-and the efforts to influence lawmakers were successful. On January 18 alone, 19 senators announced their opposition to the bill including seven who had initially co-sponsored it.

One co-sponsor, Senator Roy Blunt (R-Mo.) published a tweet in response to the pressure: "Unfortunately, Sen Leader Reid disregarded those concerns & is pushing forward w/ a flawed bill that still needs much work."

By Friday January 20, the main sponsors of both the House version and the Senate version announced they would postpone further action on the bills. While the legislation was not completely dead, their passage had been thwarted for the time being.

On Twitter, many people followed the Congressional positions closely as numerous tweets linked to a tally on TechCrunch of the supporters and opponents of the bill and how the support had fallen due to the protests.

While the online community applauded the apparent victory, some warned the conflict was not over.

"While the activism got a lot of sponsors of the bills to switch positions or agree to rethink their strategy, the fight is not yet won. SOPA will be reintroduced next month," noted Corey Blake. "You can write Congress...I also highly encourage calling your representatives, as that type of input can make the biggest difference."

"Having tentatively won this first round, though, we can only hope that the Internet remains vigilant against similar legislation in the future," warned Shawn Musgrave at Dig Boston.

The Rest of the Week's News on Blogs

In addition to the controversy over internet legislation, most of the other top stories in blogs last week involved politics and technology.

The No. 2 subject involved Search Engine Optimization (SEO), the process aimed at improving the visibility and presence of a web page. Bloggers linked to two blog posts with recommendations of how to improve the visibility of one's website. This is the third straight week that the subject has been among the most popular in the blogosphere.

The presidential campaign was the third-biggest topic as bloggers focused mostly on news that Jon Huntsman had dropped out of the race for the Republican nomination and was endorsing Mitt Romney.

A blog post by the Public Editor for the New York Times, Arthur S. Brisbane, asking readers whether journalists should challenge questionable "facts" asserted by newsmakers was the fourth most popular link. Brisbane encouraged readers to weigh in on a philosophical question related to the role of modern-day journalism: can journalists be objective and fair when identifying falsehoods repeated by newsmakers? Many in the online community criticized Brisbane for asking a question-which they framed as: should journalists try and report the truth?-that they thought had a very obvious answer.

And speculation that Apple is going to announce new products related to digital textbooks which would expand the ease of receiving books on iPhones and iPads was the No. 5 topic.

The Rest of the Week's News on Twitter

Elsewhere on Twitter, the most popular subjects included pop culture references, internet attacks and a clip of a singing Commander-in-Chief.

The popular Korean boy band Super Junior continued to be a popular subject on Twitter as tweets from the group were the second most linked-to subject last week. This marks the fourth time in the last five weeks that the group has been among the most popular subjects on Twitter.

Viral Tweets from the feed @The90sLife showing pop culture items and characters from the 1990s were the third biggest subject.

In another story related to the question of internet freedom and online piracy, news of cyber attacks conducted by the group Anonymous was the No. 4 subject. Following the government's bust of the website Megaupload for hosting pirated media, Anonymous, a group of individuals who promote internet freedom by hacking public websites, protested by taking down a number of prominent pages including that of the U.S. Copyright Office and the Recording Industry Association of America.

And a minute-long YouTube clip of President Obama singing lines from an Al Green song at a January 19 fundraiser at the Apollo Theater in New York was the fifth most linked-to page online.

YouTube

For the second week in a row, the January 13 Costa Concordia cruise ship tragedy dominated the news videos on YouTube, as three of the top five videos were on the subject.

The luxury cruise liner, carrying more than 4,200 passengers and crew members, ran aground off the Tuscan coast after the ship's captain, Francesco Schettino, made an unapproved deviation from the correct course. So far, 16 bodies have been recovered and about 16 remain missing.

Two videos posted by Russia Today that were among the top news videos for the previous week were still among the most popular. The video showing the Costa Concordia lying on its side with a 160-foot gash in its hull became the most viewed news video and the amateur video showing the dramatic evacuation of passengers on lifeboats remained at No. 5.

The No. 4 video, posted on January 17, was a scratchy audio recording of the conversation in Italian between Schettino and the captain of the Italian coast guard, Gregorio De Falco. The clip revealed that De Falco ordered Schettino to return to the ship multiple times after he had allegedly abandoned the people remaining on board.


About the New Media Index

The New Media Index is a weekly report that captures the news agenda of social media, with a focus on blogs, Twitter and YouTube. These platforms are an important part of today's news information narrative and shape the way Americans interact with the news. The expansion of blogs and other social media sites has allowed news-consumers and others outside the mainstream press to have more of a role in agenda setting, dissemination and interpretation. Through this New Media Index PEJ aims to find out what subjects in the national news the online sites focus on, and how that compares with the narrative in the traditional press.

A detailed description of the NMI methodology, which was recently modified in August 2011, is available here.

*For the sake of authenticity, PEJ has a policy of not correcting misspellings or grammatical errors that appear in direct quotes from online postings.

By Paul Hitlin and Sovini Tan, PEJ

Source: http://www.journalism.org/node/28189

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User-friendly health plan summaries at risk (AP)

WASHINGTON ? Consumer groups are scrambling to salvage a popular provision of President Barack Obama's health care overhaul that suddenly seems to be in question.

This time it's not Republican opposition they're worried about, but the White House itself.

At issue is a requirement that health plans provide simple, standard summaries of coverage and costs to help consumers pick benefits that are right for them ? a sort of "CliffsNotes" version of cryptic insurance company jargon.

Consumer advocates say they fear the administration may heed industry complaints that the regulation as proposed last summer is too costly, burdensome and intrusive. The rule is due to take effect this year and is undergoing final review by the White House. It would apply to all private and employer health plans, covering an estimated 180 million Americans.

"There is concern that the consumer protections we were hoping to see may not be in the final rule," said Dr. LaShawn McIver, policy director for the American Diabetes Association. "Ultimately, we are looking for a consumer-friendly product that gives people the information they need about what levels of coverage they can expect."

Her organization and four others ? the American Cancer Society, the American Heart Association, AARP and Consumers Union ? wrote Obama this week urging him not to water down the requirements.

"The information available to Americans today is wholly inadequate for consumers to choose and understand the insurance coverage options available to them," their letter said.

Simple-to-understand health plan summaries are the most popular provision of the health care law, which otherwise continues to divide the public. That's according to a poll last November by the nonpartisan Kaiser Family Foundation, which found the summaries garnered support from 84 percent of Americans compared with 37 percent who viewed the overall law favorably.

Administration officials said they can't comment on the specifics of regulations under review, but they sought to reassure the consumer groups, which were among the major backers of the health care law as it was being debated in Congress.

"Giving consumers the information they need and making the health care system more transparent is a top priority," said Erin Shields, a spokeswoman for the Health and Human Services Department. "We're confident the final rules ... will meet that goal."

A proposed template released by the department last summer included such basic details as information on premiums, deductibles and copays for doctor visits and hospitalization. Such information is now generally the norm in health plan summaries that most companies voluntarily provide their employees during annual open enrollment.

But the federal template also included so-called coverage examples of the cost of care for a typical individual for three common health conditions: normal childbirth, treating breast cancer and managing diabetes. Because all health plans would have to follow the same rules in compiling the information, it would allow consumers to directly compare insurance in ways they can't now.

America's Health Insurance Plans, a trade group representing the industry, complained that the timeline for introducing the comparisons this year is unrealistic, and the cost would be more than double what the government estimated, or $382 million for the first two years alone. That would drive up costs for employers and health plans, the industry said, at a time when many companies are struggling in a difficult economy.

Lynn Quincy, a senior policy analyst for Consumers Union, said the advocacy groups have learned that the requirement for employer plans to provide the comparisons may be delayed or weakened. Additionally, two of the coverage examples may be omitted at least initially, leaving only a comparison of maternity costs.

"We are very concerned that compared to the proposed rule that was released in August, the final rule we are expecting shortly will be weakened," she said. "That would be very bad for consumers."

___

Online:

Proposed template for health plan comparisons: http://tinyurl.com/6ryq8rl

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_go_ca_st_pe/us_health_overhaul_consumers

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Friday, January 27, 2012

Investing in Chinese Stocks: Capture Growth and Manage Risk

by Carl Delfeld, Investment U Senior Analyst
Thursday, January 26, 2012: Issue #1694

Soon I?ll be publishing a new book and releasing a special report with sharply different messages.

New World, New Boom: Capture Growth Like the New Tycoons is a very blue-ocean optimistic book. It?s chock full of strategies and ideas to help investors grow wealthy with emerging and frontier markets.

The special report aimed at institutional investors, How Seven Trends Could Break China, challenges the conventional wisdom that China is an economic juggernaut and a one-way bet for investors. Its basic premise is that China?s economic and political system isn?t sustainable and will end badly.

Am I crazy bipolar or what?

Let me explain.

China?s Strategy Has Run its Course

You would be hard pressed to find someone more enthusiastic about emerging markets than I am. During the past 30 years, their progress has been remarkable, as market reforms and breakthroughs in technology and communications pulled hundreds of millions of people out of poverty.

The world filled in, and in my view, we?re just getting started.

China, in particular, is a remarkable growth story. China now exports more in one day than it did in the entire year of 1978, just before it opened up to the world. In 1990, its economy was the same size of Taiwan; now it?s more than 10 times larger.

But in my personal view, the strategy that fueled China?s success has largely run its course. More importantly, its political and economic system isn?t flexible enough to adjust to the serious challenges that confront it.

Here?s how Minxin Pei puts it in this week?s Financial Times:

?As China marks the 20th anniversary of Deng?s history-changing tour, the most ironic fact ? and perhaps China?s worst-kept secret ? is that pro-market economic reform in China has been dead for some time.?

So if you carry my thinking to its logical conclusion, the biggest threat to my optimistic view for robust Asian growth isn?t the euro debt crisis or America?s out of control debt and spending.

It?s China.

If this is unthinkable to you, I have a question: Did you expect unbeatable Japan to stagnate for two decades after its property and banking crisis or the sudden collapse of the Soviet Union?

Not So Fast, Though

But even if I?m right about this risk, I strongly recommend that you not go out and sell all your China stocks for a number of reasons.

First, the direction and/or pace of the seven negative trends in my report aren?t set in stone. While I?m skeptical that ?moneybags communism? can endure, the government has tools at hand to kick the can down the road, and they?ll certainly try to do just that as long as possible.

Second, Chinese stock markets are usually driven by liquidity and momentum rather than fundamentals. There were many years during the 1990s when the Chinese economy was growing at 10%-plus rates and the stock markets did nothing.

Take a look at iShares FTSE China 25 Index Fund (NYSE: FXI), the ETF basket containing China?s largest 25 companies. While China?s GDP growth is consistently growing at 10%-plus pace, FXI?s performance is on a rollercoaster.

Investing in Chinese Stocks

A buy and hold strategy for China has been, well, disappointing.

As 2012 markets opened, the Shanghai market is coming off a two-year period of weakness ? down 37%. Therefore, many stocks, and especially the banks, are trading at attractive valuations. This is why I wrote several times in the past few months that China stocks look dirt cheap.

This doesn?t mean the market will go up, but it does make it more likely. And so far in 2012, FXI is showing an upward trend.

On the liquidity issue, some of the domino trends might boost the market in the short term. As Chinese property markets slide, investors may very well move this wall of liquidity to stock markets. After all, what other choices do they have?

The state banking system set interest rates so low that they?re negative after adjusting for inflation. No wonder the Chinese who are able are moving capital offshore.

The One Simple Step

But there are simple steps you can take to limit or hedge Chinese risk. And the most important is to put in place a 15% to 20% trailing stop when investing in FXI, or any Chinese stock for that matter.

By doing this, you can capture any momentum in the Chinese market, but you?ll also protect yourself against the risks of continued market weakness.

So keep investing in emerging markets and Chinese growth, just be careful to manage the risks.

Good Investing,

Carl Delfeld

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Source: http://www.investmentu.com/2012/January/investing-in-chinese-stocks.html

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Star Jones making guest appearance on 'The View' (AP)

NEW YORK ? Apparently enough water has flowed under the bridge for Barbara Walters and Star Jones to reunite for a day.

"The View" announced on Wednesday that Jones will appear on the daytime talk show on Feb. 22 to promote an awareness campaign about heart disease among women.

Walters and Jones had a falling out in 2006 when Jones, one of the five original co-hosts of the daytime chat show, exited "The View." ABC decided not to renew her contract and Jones took Walters by surprise by announcing on June 27 that she would be leaving the show.

That exit came more quickly than expected. Walters wouldn't allow her back the next day.

Walters later said that Jones had compelled her co-hosts to lie for her by not revealing that Jones had undergone gastric bypass surgery while on "The View." Jones took her own shots, criticizing Walters for writing an autobiography that revealed details of an affair.

The women later had something serious in common. Both underwent open heart surgery to repair faulty heart valves within two months of each other in 2010.

Jones is coming back to the show to discuss her involvement in the American Heart Association's "Go Red for Women" public information campaign. Women are asked to wear red on Feb. 3 to support heart patients.

___

ABC is owned by The Walt Disney Co.

Source: http://us.rd.yahoo.com/dailynews/rss/tv/*http%3A//news.yahoo.com/s/ap/20120125/ap_en_tv/us_people_star_jones

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Thursday, January 26, 2012

Giffords says goodbye with a plea for civility (AP)

WASHINGTON ? The applause rolled through the big chamber, growing ever louder as hundreds of Republicans and Democrats suddenly realized Rep. Gabrielle Giffords was back in the House. But this time she had come to say goodbye.

Fellow lawmakers gave her a fitting send-off: cheers, hugs, a cascade of tributes and plenty of tears in a rare moment of political unity.

A year since that fateful Saturday morning when Giffords was severely wounded during a shooting rampage in her home district, the Arizona congresswoman resigned on Wednesday with a plea for civility ? and a hint that she'll be back on the national stage. For now, the 41-year-old said, her movements and speech still halting, she needs to focus on her recovery.

For all the kind words showered on her, Giffords reflected in her resignation letter about a level of respect that seems like an aberration these days in a bitterly divided Washington.

In her five years in Congress, she said, "Always I fought for what I thought was right. But never did I question the character of those with whom I disagreed. Never did I let pass an opportunity to join hands with someone just because he or she held different ideals."

Said Republican Rep. Ted Poe of Texas in the first of many tributes: "Gabby is the spirit of bipartisanship that we should all learn from."

Giffords' friend Rep. Debbie Wasserman Schultz, D-Fla., became emotional before reading Giffords' resignation letter in the well of the House. Rep. Jeff Flake, R-Ariz., held Giffords' hand. House Speaker John Boehner, R-Ohio, cried after Giffords slowly made her way to the podium and handed him the envelope with her resignation letter.

Last January, a gunman opened fire at Giffords' "Congress on Your Corner" event in Tucson, killing six people, including a 9-year-old girl and a federal judge and wounding 13, including Giffords who suffered a gunshot wound to her head. She has spent the past year recovering, showing up in the House just once last August to vote on raising the nation's borrowing authority.

That appearance stirred speculation about her political future and whether she would seek another term or even pursue an open Senate seat.

Giffords put that talk to rest on Sunday, announcing in a Web video that she would resign this week. On Monday, she met with survivors of the shootings in Arizona, , finishing the event that she had started outside a supermarket. On Tuesday night, she received thunderous applause and a hug from President Barack Obama at his State of the Union address.

Colleagues and friends stood with her, Flake by her side. Sen. Kirsten Gillibrand, D-N.Y., had her back.

On Wednesday, Republicans and Democrats turned a morning debate over Giffords' last bill into a forum to praise her work and perseverance.

"We haven't seen the last of Gabby Giffords," said Rep. Silvestre Reyes, D-Texas. "I believe ... whatever the future holds for her she has made this a better place."

Around 10 a.m., Giffords entered the chamber through the main door, the same one Obama used the previous night. Wasserman Schultz assisted her as she made her way down the aisle, greeted warmly by colleagues with kisses and hugs. She sat in the front row for a flurry of tributes. In the gallery sat her mother, Gloria, and husband, retired Navy Capt. Mark Kelly, the former astronaut.

"All of us come to the floor today ... to salute her as the brightest star among us, the brightest star Congress has ever seen," said House Minority Leader Nancy Pelosi, D-Calif.

House Majority Leader Eric Cantor, R-Va., said he received a call from Kelly on Sunday informing him of Giffords' plans to resign. He said Giffords' "strength against all odds serves and will continue to serve as a daily inspiration to all of us."

Said Rep. Steny Hoyer, D-Md., "The House of Representative has been made proud by this extraordinary daughter of the House. Gabby, we love you, we have missed you."

Prolonged standing ovations and spontaneous whoops marked the tributes. Giffords briefly waved at Kelly and her mother when their names were mentioned.

Surrounded by colleagues and friends, Giffords stood in the well of the chamber to resign. Wasserman Schultz read her two-page letter to Boehner.

"Everyday, I am working hard," Giffords wrote. "I will recover and will return, and we will work together again, for Arizona and for all Americans."

She purposefully made it to the podium to deliver the letter to Boehner.

Moments later, the House, including Giffords, voted for her final piece of legislation ? a bill that would impose tougher penalties on smugglers who use small, low-flying aircraft to avoid radar detection and bring drugs across the Mexican border.

The vote was 408-0. The Senate, which recently passed a version of the bill, is expected to vote Thursday on the measure and send it to Obama for his signature.

Giffords submitted resignation letters to both Boehner and Arizona Gov. Jan Brewer. It falls to Brewer to set a date for a special primary and general election to fill the Arizona seat. That will probably happen in the spring or early summer. In November, voters will choose someone for the full two-year term.

After the tribute, Kelly said his wife realized stepping down was the right thing to do.

"But I'm more optimistic than anybody else about her future. She just needs some more time, whether it's a year or two years or three years, I'm very confident she's going to have a long and effective career as a public servant," he said.

Asked about her daughter's future, Gloria Giffords said, "I kind of think she's transcended Congress. I don't know where she's going to end up."

"She's remembered every boy she's ever kissed, every song she's ever sang, every bill she's ever passed," she said. "So upward and onward."

___

Associated Press writers Alan Fram and Jim Abrams contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_go_co/us_giffords_resignation

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Audyssey Audio Dock Air


The past year brought us the first AirPlay speaker systems?speaker docks that stream audio wirelessly from Apple iOS products and some computers via a Wi-Fi signal. After the Editors' Choice Bowers & Wilkins Zeppelin Air ($599.95, 4 stars) debuted Apple's integrated streaming audio technology, only a few offerings have actually been released. Joining the Zeppelin Air and the significantly less successful JBL On Air Wireless ($349.95, 2.5 stars) is the Audyssey Audio Dock Air, at $399.99. Deep bass lovers will enjoy the exaggerated low-end response of the Audyssey Dock; audiophiles will want to steer clear. Unfortunately, the dock suffers from some stream interruption issues that no one will enjoy, and this knocks its rating down a bit. However, an update to iOS will reportedly contain a fix for the streaming issue, so we will revisit this review when and if that occurs.

Design
Measuring 8.3 by 4.8 by 8.5 inches (HWD), the Audyssey Audio Dock resembles an upright square. Like most AirPlay docks, it has very few buttons and uses black felt to cover its drivers. It's almost as if Apple has specific design rules for AirPlay docks, so that they will all resemble a family of Apple-esque products. (If you detect sarcasm, it's because, in all likelihood, Apple is very much involved in the streamlined designs of all of these docks). The unadorned black felt speaker panels face in opposite directions, spreading the reach of the audio, for sure, but not necessarily increasing the width of the stereo field much, since both left and right channels originate from essentially the same spot once you're a foot or so away. That said, the opposite directions of the speakers can benefit from reflections off of walls in your room, and that can certainly have an effect on your perception of the stereo image, although it may not be one audio engineers will be pleased with?more on that in a bit. A matte black plastic band separates the two speaker panels. On the back end of the band, there's a connection for the included power supply, as well as a Pairing button (for initial setup) and a 3.5mm Aux input. The band's front side has a 3.5mm headphone jack, while the top panel houses a Volume control dial and two LEDs that indicate when the unit is powered up and when it is connected for AirPlay. The system ships with a 3.5mm audio cable for connecting devices to the Aux input.

Performance
Setting up the Audio Dock Air is not difficult, as the instructions are simple and laid out explicitly in the included manual. You will need a Wi-Fi connection, however, and a bit of patience, as the pairing process between devices, and the connection process to the Wi-Fi signal itself, can take a few minutes. Once complete, you are able to stream from any PC or Mac with a recent version of iTunes (beyond 10.1), and any iOS device (iPhone, iPad, or iPod touch).

AirPlay's sound quality is actually pretty impressive, with strong bass performance. The Audio Air Dock only adds to the bass experience; Even at low-to-moderate volumes, one might say it sounds "thunderous." As you boost the volume louder and louder, however, the bass signal becomes more and more compressed. Why does Audyssey do this? Well, first off, it's a process often referred to as Digital Signal Processing (DSP), and Audyssey is not alone in employing it. Bowers & Wilkins has utilized some signal processing on its consumer line as well. The basic goal is to eliminate any distortion or possibility of blowing a speaker. Deep bass frequencies at high volumes are usually the culprit when speakers distort, so the signal processing basically limits the volume of the bass as you raise the system's overall volume. At maximum volume on Bowers & Wilkins' PC speaker set, the MM-1 ($499.95, 4 stars), this ends up sounding like some serious dynamic compression, where the range of transient sounds like drum hits are squashed lower to be roughly the same volume as everything else in the mix. You've heard this before when a loud song comes on the radio and suddenly the overall volume of the song seems to dip as the heavily distorted guitars kick in.

On the Audio Dock Air speakers, however, this processing is quite noticeable, primarily because at lower-to-mid volume settings, the bass is already so boosted, that when you raise the volume high, it sounds like you're listening to a different speaker system because the bass frequencies have been so dramatically cut to prevent distortion. The good news is, this system sounds excellent?for bass enthusiasts, at least?at moderate volumes. Even when it's not really that loud, it feels loud. The bad news is, when you blast it, the signal processing steals some of the bass thunder and squashes the overall signal pretty intensely. Simply put, if you're into deep bass and listening at moderate levels, this system won't disappoint you sonically. It never really distorts, even on deep bass tracks at maximum volume, but the processing is intense enough that it can sound as if it's about to distort?a common characteristic of signal limiting at its most extreme.

Because of the placement of the speakers at opposite sides of the dock, projecting in opposite directions, the stereo image is altered a bit in a way that casual listening may not suffer from, but one channel will often appear louder than the other. Simply put, it definitely helps fill the room with sound, but this is not how records are mixed.

Of course, as I mentioned earlier, I actually like the audio performance enough that it would have had a higher rating. Not every system needs to be made for audiophiles craving flat response?there's room enough in the world for those of you who really dig thumping bass. The Audio Dock Air is made with these listeners in mind, and it brings an extra bottom end to everything from hip hop and rock to even classical music, making the lower strings in John Adams' "The Chairman Dances" sound downright ominous and intense. But we have a different issue to deal with.

Tested on a home Wi-Fi network that regularly streams audio, via AirPlay, from a iPhone and a laptop to a stereo receiver with an AirPort express connected to it, the Audio Dock Air fared differently than the aforementioned setup. This is possibly because the AirPort Express uses 802.11n wireless signal, while Apple's AirPlay and the docks that have it built-in use 802.11g. Where the AirPort Express only seems to stutter when its sound source gets out of range?say, you take your iPhone too far into the kitchen, away from the router?the Audio Dock Air stutters more often, even, at times, in close proximity to the router and the sound source. Often, the stuttering seems to occur when the Wi-Fi network performs routine tasks at the same time?say, sending an email or loading a webpage while streaming music. Occasionally, the stream would halt altogether, and the system would need to be rebooted or the phone disconnected and reconnected to the network in order to re-pair the device with the speakers. The recent Klipsch Gallery G-17 Air($549.99, 3.5 stars), another AirPlay speaker dock, also suffers from the same streaming issues.

Given that Airplay is still in its infancy, some hiccups are to be expected. When you plug your device into the aux input directly, the Audyssey system offers up a bass lover's dream, but as a streaming system, it's got some issues to iron out. For you bass fiends out there waiting for a wireless system, let's hope this is an issue updates can solve and not a permanent limitation of the system or AirPlay's abilities. If you'd rather go the Bluetooth route, check out the fantastic JBL OnBeat Xtreme ($499.95, 4.5 stars), which appears as an AirPlay device on iOS devices despite using Bluetooth, and the portable Bose SoundLink Wireless Mobile Speaker ($299.95, 4 stars), Both of them recent Editors' Choice winners for wireless speaker systems.

More Speaker reviews:
??? Audyssey Audio Dock Air
??? Klipsch Gallery G-17 Air
??? Samsung HW-D450
??? Logitech Mini Boombox
??? Audioengine 5+
?? more

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/WQ0QxrGA6YU/0,2817,2398128,00.asp

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Wednesday, January 25, 2012

Democrats get to break up GOP sand sculpture in SC

AAA??Jan. 23, 2012?6:00 PM ET
Democrats get to break up GOP sand sculpture in SC
AP

Members of The Democratic Women of Horry County, S.C., demolish the Republican 2012 Primary Debate sand sculpture Monday, Jan. 23, 2012, a feature from last week's televised Myrtle Beach, S.C. debate hosted by the South Carolina GOP and televised by Fox News. The organization secured the rights to demolish the sand sculpture. Dubbed ?Mount Myrtle?, the sand feature is located across the street from the Sheraton Myrtle Beach Hotel and Convention Center and encompasses over 700,000 pounds of sand. (AP Photo/The Sun News, Steve Jessmore)

Members of The Democratic Women of Horry County, S.C., demolish the Republican 2012 Primary Debate sand sculpture Monday, Jan. 23, 2012, a feature from last week's televised Myrtle Beach, S.C. debate hosted by the South Carolina GOP and televised by Fox News. The organization secured the rights to demolish the sand sculpture. Dubbed ?Mount Myrtle?, the sand feature is located across the street from the Sheraton Myrtle Beach Hotel and Convention Center and encompasses over 700,000 pounds of sand. (AP Photo/The Sun News, Steve Jessmore)

Members of The Democratic Women of Horry County, S.C., celebrate after they demolished the Republican 2012 Primary Debate sand sculpture Monday, Jan. 23, 2012, in Myrtle Beach, a feature from last week's televised Myrtle Beach, S.C. debate hosted by the South Carolina GOP and televised by Fox News. The organization secured the rights to demolish the sand sculpture. Dubbed ?Mount Myrtle?, the sand feature is located across the street from the Sheraton Myrtle Beach Hotel and Convention Center and encompasses over 700,000 pounds of sand. (AP Photo/The Sun News, Steve Jessmore)

Flora Pickett, left, and Elizabeth Bowns help demolish a sculpture going first for the likenesses of candidates Mitt Romney and Newt Gingrich. "It felt great. I'm not a great fan of Newt so I wanted to get him first," Pickett said. The Democratic Women of Horry County secured the rights to demolish the Republican 2012 Primary Debate Sand Sculpture today Monday, January 23, 2012, a visible feature from last week's televised Myrtle Beach, SC debate hosted by the South Carolina GOP and televised by Fox News. Dubbed ?Mount Myrtle?, the sand feature is located across the street from the Sheraton Myrtle Beach Hotel and Convention Center and encompasses over 700,000 pounds of sand. ?The candidates did a lot of talking, and now we?ll clean up in the aftermath,? said the group's president Sally Howard. ?In the words of Margaret Thatcher?If you want something said, ask a man?if you want something done, ask a woman.? Sun News Photo by Steve Jessmore

(AP) ? In South Carolina, it's not just Republicans who have been bashing each other lately. Local Democrats picked up pink shovels and took a whack at a sand sculpture of six GOP hopefuls that had been erected at Myrtle Beach.

With the South Carolina primary over, a Democratic women's group used pink shovels Monday to begin dismantling the sand sculpture depicting the Republican contenders. The sculpture was a prominent feature of the GOP debate Jan. 16 and took more than 700,000 pounds of sand to make.

A bulldozer finished the demolition job Monday as the women in yellow hard hats cheered. The sand is to be recycled into future sculptures.

The women won the right to demolish the sculpture after making a donation to a local crime-fighting cause.

Associated Press

Source: http://hosted2.ap.org/apdefault/386c25518f464186bf7a2ac026580ce7/Article_2012-01-23-GOP%20Sand%20Sculpture/id-6f227c88c0084486a2ad26e3e1feb6dd

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Romney paid $3M in federal income tax in 2010 (AP)

TAMPA, Fla. ? Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that from his investments. Those earnings, $21.7 million, put him among the wealthiest of American taxpayers.

At the same time, Romney gave nearly $3 million to charity ? about half of that amount to the Mormon Church ? which helped lower his effective tax rate to a modest 14 percent, according to records his campaign released early Tuesday.

For 2011, he'll pay about $3.2 million with an effective tax rate of about 15.4 percent, the campaign said. Those returns haven't yet been filed yet with the Internal Revenue Service.

The former Massachusetts governor had been under pressure in recent weeks to release his tax returns, his GOP opponents casting him as a wealthy businessman who slashed jobs in the private sector. Rival Newt Gingrich made public his returns on Saturday, showing he paid almost $1 million in income taxes ? a tax rate of about 31 percent.

Romney's campaign confirmed the details of his tax information after several news organizations saw a preview of the documents. He had said he planned to release his returns in full Tuesday morning, and campaign officials would be prepared to discuss them in detail with reporters.

"You'll see my income, how much taxes I've paid, how much I've paid to charity," Romney said during Monday night's debate in Tampa. "I pay all the taxes that are legally required and not a dollar more. I don't think you want someone as the candidate for president who pays more taxes than he owes."

Romney's 2010 returns show the candidate is among the top 1 percent of taxpayers. The returns showed about $4.5 million in itemized deductions, including $1.5 million to the Church of Jesus Christ of Latter-Day Saints.

Before the tax records were released, Romney's old investments in two government-backed housing lenders stirred up new questions at the same time his campaign targeted Gingrich for his work for Freddie Mac.

Gingrich earned $1.6 million in consulting fees from Freddie Mac. Romney has as much as $500,000 invested in the U.S.-backed lender and its sister entity, Fannie Mae.

The fight over releasing the tax information highlighted an argument that Democrats are already starting to use against Romney ? that he is out-of-touch with normal Americans. And it probably hurt him in the South Carolina primary, where he lost by 12 percentage points to Gingrich after spending several days resisting releasing the returns.

On Monday, Romney would not answer questions from debate moderator Brian Williams about just what pieces of his tax returns could cause political headaches. But they will shine the spotlight on a fortune estimated at between $190 million and $250 million, and could raise questions about where he keeps his money and how he earns it.

For example, Romney keeps some of his personal fortune in investments that are domiciled in the Cayman Islands, where many international investors shelter their income from American taxes. Romney aides say he doesn't use the funds to avoid or put off paying the appropriate taxes.

The returns could also reveal more details about his annual take as founder of the Bain Capital private equity firm.

But it's clear that Romney's campaign is bracing for an onslaught of criticism of his personal fortune. His wife, Ann, has started talking about the returns during campaign appearances. She told supporters at a Florida rally Sunday: "I want to remind you where we know our riches are. Our riches are with our families."

Most of Romney's vast fortune is held in a blind trust that he doesn't control. A portion is held in a retirement account.

___

Gillum reported from Washington.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_el_pr/us_romney_taxes

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Tuesday, January 24, 2012

Cooling semiconductors by laser light

ScienceDaily (Jan. 22, 2012) ? Researchers at the Niels Bohr Institute have combined two fields -- quantum physics and nano physics -- and this has led to the discovery of a new method for laser cooling semiconductor membranes. Semiconductors are vital components in solar cells, LEDs and many other electronics, and the efficient cooling of components is important for future quantum computers and ultrasensitive sensors. The new cooling method works quite paradoxically by heating the material! Using lasers, researchers cooled membrane fluctuations to minus 269 degrees C.

The results are published in the journal Nature Physics.

"In experiments, we have succeeded in achieving a new and efficient cooling of a solid material by using lasers. We have produced a semiconductor membrane with a thickness of 160 nanometers and an unprecedented surface area of 1 by 1 millimeter. In the experiments, we let the membrane interact with the laser light in such a way that its mechanical movements affected the light that hit it. We carefully examined the physics and discovered that a certain oscillation mode of the membrane cooled from room temperature down to minus 269 degrees C, which was a result of the complex and fascinating interplay between the movement of the membrane, the properties of the semiconductor and the optical resonances," explains Koji Usami, associate professor at Quantop at the Niels Bohr Institute.

From gas to solid

Laser cooling of atoms has been practiced for several years in experiments in the quantum optical laboratories of the Quantop research group at the Niels Bohr Institute. Here researchers have cooled gas clouds of cesium atoms down to near absolute zero, minus 273 degrees C, using focused lasers and have created entanglement between two atomic systems. The atomic spin becomes entangled and the two gas clouds have a kind of link, which is due to quantum mechanics. Using quantum optical techniques, they have measured the quantum fluctuations of the atomic spin.

"For some time we have wanted to examine how far you can extend the limits of quantum mechanics -- does it also apply to macroscopic materials? It would mean entirely new possibilities for what is called optomechanics, which is the interaction between optical radiation, i.e. light, and a mechanical motion," explains Professor Eugene Polzik, head of the Center of Excellence Quantop at the Niels Bohr Institute at the University of Copenhagen.

But they had to find the right material to work with.

Lucky coincidence

In 2009, Peter Lodahl (who is today a professor and head of the Quantum Photonic research group at the Niels Bohr Institute) gave a lecture at the Niels Bohr Institute, where he showed a special photonic crystal membrane that was made of the semiconducting material gallium arsenide (GaAs). Eugene Polzik immediately thought that this nanomembrane had many advantageous electronic and optical properties and he suggested to Peter Lodahl's group that they use this kind of membrane for experiments with optomechanics. But this required quite specific dimensions and after a year of trying they managed to make a suitable one.

"We managed to produce a nanomembrane that is only 160 nanometers thick and with an area of more than 1 square millimetre. The size is enormous, which no one thought it was possible to produce," explains Assistant Professor S?ren Stobbe, who also works at the Niels Bohr Institute.

Basis for new research

Now a foundation had been created for being able to reconcile quantum mechanics with macroscopic materials to explore the optomechanical effects.

Koji Usami explains that in the experiment they shine the laser light onto the nanomembrane in a vacuum chamber. When the laser light hits the semiconductor membrane, some of the light is reflected and the light is reflected back again via a mirror in the experiment so that the light flies back and forth in this space and forms an optical resonator. Some of the light is absorbed by the membrane and releases free electrons. The electrons decay and thereby heat the membrane and this gives a thermal expansion. In this way the distance between the membrane and the mirror is constantly changed in the form of a fluctuation.

"Changing the distance between the membrane and the mirror leads to a complex and fascinating interplay between the movement of the membrane, the properties of the semiconductor and the optical resonances and you can control the system so as to cool the temperature of the membrane fluctuations. This is a new optomechanical mechanism, which is central to the new discovery. The paradox is that even though the membrane as a whole is getting a little bit warmer, the membrane is cooled at a certain oscillation and the cooling can be controlled with laser light. So it is cooling by warming! We managed to cool the membrane fluctuations to minus 269 degrees C," Koji Usami explains.

"The potential of optomechanics could, for example, pave the way for cooling components in quantum computers. Efficient cooling of mechanical fluctuations of semiconducting nanomembranes by means of light could also lead to the development of new sensors for electric current and mechanical forces. Such cooling in some cases could replace expensive cryogenic cooling, which is used today and could result in extremely sensitive sensors that are only limited by quantum fluctuations," says Professor Eugene Polzik.

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The above story is reprinted from materials provided by University of Copenhagen.

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


Journal Reference:

  1. K. Usami, A. Naesby, T. Bagci, B. Melholt Nielsen, J. Liu, S. Stobbe, P. Lodahl, E. S. Polzik. Optical cavity cooling of mechanical modes of a semiconductor nanomembrane. Nature Physics, 2012; DOI: 10.1038/nphys2196

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

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

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/iX8PpVvjCqE/120122152546.htm

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Newt Cashes In On Victory (TIME)

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UK could send military assets to Strait of Hormuz (AP)

LONDON ? Britain could send further military assets to the Strait of Hormuz to deter any attempt by Iran to block Persian Gulf oil tanker traffic, the country's defense secretary said Tuesday, as Tehran appeared to shrug off a new European Union ban on the purchase of Iranian oil.

Philip Hammond told reporters that two British and French warships and the American aircraft carrier USS Abraham Lincoln had entered the Gulf on Sunday to show Tehran they would not tolerate any interference with global shipping.

Iranian leaders repeated long-standing threats to close off the Strait, which handles a fifth of the world's oil, after the European Union imposed the embargo Monday as part of sanctions to pressure Tehran into resuming talks on the country's controversial nuclear program.

But, other Iranian officials took a slightly different tack Tuesday, arguing that the sanctions simply would not work.

"The world economy is not such that a decision can deprive a country of its existence," the country's intelligence chief Heidar Moslehi was quoted Tuesday by the state IRNA news agency as saying.

During talks in London on Tuesday, Australia said it would also sign up to the embargo ? though acknowledged it currently has negligible oil imports from Iran.

The three warships ? which included Britain's HMS Argyll frigate ? that entered the Gulf on Sunday had sent "a clear signal about the resolve of the international community to defend the right of free passage through international waters," Hammond said.

"We also maintain mine-counter measures vessels in the Gulf, which are an important part of the overall allied presence there, and of course the U.K. has a contingent capability to reinforce that presence should at any time it be considered necessary to do so," he said.

Britain's defense ministry declined to offer specific detail on what assets and personnel are currently in the Persian Gulf, but said it had about 1,500 Navy personnel in the region east of Suez, which includes the Middle East and Indian Ocean.

Four anti-mine vessels are based out of Bahrain, while Britain also has two frigates ? including HMS Argyll ? three support ships, a survey vessel and one hunter-killer nuclear submarine in the region, the ministry said.

The United States and allies have already warned they would take swift action against any Iranian moves to choke off the 30-mile (50-kilometer) wide Strait of Hormuz.

At the center of the dispute is international concern over Iran's nuclear program, which Tehran insists is aimed at providing civilian power. The U.S. and other nations accuse Iran of attempting to build nuclear weapons, and Tehran is now under several rounds of U.N. sanctions over its failures to be forthcoming about its work.

Hammond said recently that Iran was "working flat out" to produce a nuclear weapon.

Australia's foreign minister Kevin Rudd, in London with Australian defense minister Stephen Smith for talks with British counterparts, said his country would join the EU's oil embargo.

"We in Australia will undertake precisely the same parallel actions in Australia," Rudd said. "The reason is very clear ? the message needs to be delivered to the people of Iran, the wider political elites of Iran, as well as the government of Iran that their behavior is globally unacceptable."

Iran responded angrily to the new EU sanctions Monday, with two lawmakers escalating threats that their country would close the Strait of Hormuz. Lawmaker Heshmatollah Falahatpisheh said Iran had the right to shutter Hormuz in retaliation and that the closure was increasingly probable, according to the semiofficial Mehr news agency.

"In case of threat, the closure of the Strait of Hormuz is one of Iran's rights," Falahatpisheh was quoted as saying. "So far, Iran has not used this privilege."

Some commentators are declaring that Iran should cut the flow of crude even before the new measures go into effect in July, to punish Europe, while others say the embargo is a "gift" which will allow the country to diversity its economy.

"Ineffective Western sanctions are not a threat to us, but an opportunity that has brought a lot of benefits," Moslehi said at a gathering in the central city of Isfahan late Monday.

The measures, approved in Brussels by the EU's 27 foreign ministers, include an immediate embargo on new contracts for crude oil and petroleum products. Existing contracts with Iran will be allowed to run until July.

Iran's Oil Ministry said the country can find new markets.

"Iran can easily find new customers for its oil," Mohsen Qamsari, a senior ministry official, was quoted by the semiofficial Mehr news agency as saying. "The National Iranian Oil Company has adopted the necessary measures to replace its oil exports in 2012."

Some 80 percent of Iran's foreign revenue comes from oil exports, and analysts say that any sanctions affecting its ability to export oil would hit its economy hard. With about 4 million barrels per day, Iran is the second largest producer in OPEC. It exports about 2 million barrels a day and consumes the rest domestically.

The EU has been importing about 450,000 barrels of oil per day from Iran, making up 18 percent of Iran's oil exports.

Some in Iran said the country should stop selling oil to Europe now, instead of July, to punish the bloc before it can find suppliers to replace Iranian crude oil in the midst of winter.

"The Iranian people now expect that the flow of black gold to Europe be cut before it can find a replacement for Iranian oil," state radio said in a commentary Tuesday.

___

Associated Press writers Ali Akbar Dareini in Tehran, Iran, and Meera Selva in London contributed to this report

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_re_mi_ea/ml_iran

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