Saturday, December 31, 2011

Where Will 'AHS' Go In Season Two? (omg!)

Where Will 'AHS' Go In Season Two?

During a conference call following last week's American Horror Story finale, co-creator Ryan Murphy revealed that every season would follow a new family in a new house.

He went on to reveal, "There is a clue in the last three episodes where we say what the second season will be."

Today Ryan took that one step further, telling EW.com that the clue is located in the penultimate episode, Birth. "Go through it frame by frame. I planted it in there," he teased before adding, "I will never reveal it."

So I did just that. Went through the episode frame by frame and here are the Top 5 clues from Birth that might hint at the season two location.

Possible Location #1: Vermont
The episode opens in 1984 with Newhart playing on the television in the background. The show, which ran from 1982 to 1990, took place at an inn ... rife for the haunting?

Possible Location #2: Florida
This has been a popular theory with fans. The location was repeatedly mentioned throughout the season since it's where Vivien's sister Jill lives. Plus, there is no shortage of dead people in the retirement capital of America.

Possible Location #3: A Geographically Irrelevant Prison
Psychic Billie Dean Howard (played by the divine Sarah Paulson) has a long soliloquy about paramagnetic grip -- how evil can be absorbed by an environment. She says, "You see it all the time in places like prisons or asylums. Negative energy feeds on trauma and pain. It draws those things to it." This echoes a sentiment Ryan expressed during the conference call: "There are all different kinds of horror stores to tell, be it serial killing stories or true crime stories or prison stories."

Possible Location #4: North Carolina circa 1590
In an attempt to help Violet expunge Chad from the house, Billie Dean tells her a story about a Ghost Colony that lived in Roanoke around the turn of the century.

Possible Location #5: London, England
In the episode, two doctors treat Vivien: Dr. Marchesi and the unseen Dr. Hall. Well, Marchesi Hall is located in St. Paul's Cathedral in London.

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_where_ahs_season_two221016324/44022551/*http%3A//omg.yahoo.com/news/where-ahs-season-two-221016324.html

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Myanmar sets parliamentary by-election for April 1 (AP)

YANGON, Myanmar ? Myanmar has set its much anticipated by-election for April 1.

Before the government announced the date Friday, pro-democracy leader Aung San Suu Kyi and her National League for Democracy had said they planned to run in every seat in the by-election.

Most of the 48 Parliament seats being contested were vacated by MPs who became Cabinet ministers after the first parliamentary session in January.

Suu Kyi's party boycotted last year's general elections because of restrictive rules that among other things prevented Suu Kyi from being a candidate. The government has since lifted many of those restrictions.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111230/ap_on_re_as/as_myanmar_election

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Friday, December 30, 2011

Lady Gaga's Ex-Assistant Sues Touring Company (omg!)

Lady Gaga's Ex-Assistant Sues Touring Company

In a lawsuit filed December 14, Lady Gaga's former personal assistant, Jennifer O'Neill, is seeking nearly $380,000 from the pop star's touring company.

MORE: Lady Gaga Talks Bullying Prevention at White House

In the papers, O'Neill claims that she worked 7,168 unpaid overtime hours prior to her termination on March 5, 2011.

MORE: The Secret Gaga Never Told Beyonce

According to the documents, there were times when O'Neill didn't have the luxury of breaking for meals "or, at times, even sleep," due to Gaga's demanding schedule. O'Neill claims that her duties ranged from being Mother Monster's "personal alarm clock" to "ensuring the promptness of a towel following a shower."

CNN reports that Gaga's reps called the suit "completely without merit."

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_lady_gagas_ex_assistant_sues_touring_company030100783/44016266/*http%3A//omg.yahoo.com/news/lady-gagas-ex-assistant-sues-touring-company-030100783.html

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Thursday, December 29, 2011

US warns Iran against closing key oil passage

TEHRAN, Iran (AP) -- The U.S. strongly warned Iran on Wednesday against closing a vital Persian Gulf waterway that carries one-sixth of the world's oil supply, after Iran threatened to choke off traffic through the Strait of Hormuz if Washington imposes sanctions targeting the country's crude exports.

The increasingly heated exchange raises new tensions in a standoff that has the potential to spark military reprisals and spike oil prices to levels that could batter an already fragile global economy.

Iran's navy chief said Wednesday that it would be "very easy" for his country's forces to close the strategic Strait of Hormuz, the passage at the mouth of the Persian Gulf through which about 15 million barrels of oil pass daily. It was the second such warning by Iran in two days, reflecting Tehran's concern that the West is about to impose new sanctions that could hit the country's biggest source of revenue, oil.

"Iran has comprehensive control over the strategic waterway," Adm. Habibollah Sayyari told state-run Press TV, as the country was in the midst of a 10-day military drill near the strategic waterway.

The comments drew a quick response from the U.S.

"This is not just an important issue for security and stability in the region, but is an economic lifeline for countries in the Gulf, to include Iran," Pentagon press secretary George Little said. "Interference with the transit or passage of vessels through the Strait of Hormuz will not be tolerated."

Separately, Bahrain-based U.S. Navy 5th Fleet spokeswoman Lt. Rebecca Rebarich said the Navy is "always ready to counter malevolent actions to ensure freedom of navigation."

Rebarich declined to say whether the U.S. force had adjusted its presence or readiness in the Gulf in response to Iran's comments, but said the Navy "maintains a robust presence in the region to deter or counter destabilizing activities, while safeguarding the region's vital links to the international community."

Iran's threat to seal off the Gulf, surrounded by oil-rich Gulf states, reflect its concerns over the prospect that the Obama administration will impose sanctions over its nuclear program that would severely hit its biggest revenue source. Iran is the world's fourth-largest oil producer, pumping about 4 million barrels a day.

Gulf Arab nations appeared ready to at least ease market tensions. A senior Saudi Arabian oil official told The Associated Press that Gulf Arab nations are ready to step in to offset any potential loss of exports from Iran. The official spoke on condition of anonymity because he was not authorized to comment on the issue.

Saudi Arabia, which has been producing about 10 million barrels per day, has an overall production capacity of over 12 million barrels per day and is widely seen as the only OPEC member with sufficient spare capacity to offset major shortages.

What remains unclear is what routes the Gulf nations could take to move the oil to markets if Iran goes through with its threat.

About 15 million barrels per day pass through the Hormuz Strait, according to the U.S. Energy Information Administration.

There are some pipelines that could be tapped, but Gulf oil leaders, who met in Cairo on Dec. 24, declined to say whether they had discussed alternate routes or what they may be.

The Saudi official's comment, however, appeared to allay some concerns. The U.S. benchmark crude futures contract fell $1.98 by the close of trading Wednesday on the New York Mercantile Exchange, but still hovered just below $100 per barrel.

U.S. State Department spokesman Mark Toner played down the Iranian threats as "rhetoric," saying, "we've seen these kinds of comments before."

While many analysts believe that Iran's warnings are little more than posturing, they still highlight both the delicate nature of the oil market, which moves as much on rhetoric as supply and demand fundamentals.

Iran relies on crude sales for about 80 percent of its public revenues, and sanctions or even a pre-emptive measure by Tehran to withhold its crude from the market would already batter its flailing economy.

IHS Global Insight analyst Richard Cochrane said in a report Wednesday that markets are "jittery over the possibility" of Iran's blockading the strait. But "such action would also damage Iran's economy, and risk retaliation from the U.S. and allies that could further escalate instability in the region."

"Accordingly, it is not likely to be a decision that the Iranian leadership will take lightly," he said.

Earlier sanctions targeting the oil and financial sector added new pressures to the country's already struggling economy. Government cuts in subsidies on key goods like food and energy have angered Iranians, stoking inflation while the country's currency steadily depreciates.

The impetus behind the subsidies cut plan, pushed through parliament by Iranian President Mahmoud Ahmadinejad, was to reduce budget costs and would pass money directly to the poor. But critics have pointed to it as another in a series of bad policy moves by the hardline president.

So far, Western nations have been unable to agree on sanctions targeting oil exports, even as they argue that Iran is trying to develop a nuclear weapon. Tehran maintains its nuclear program - already the subject of several rounds of sanctions - is purely peaceful.

The U.S. Congress has passed a bill that penalizes foreign firms that do business with the Iran Central Bank, a move that would heavily hurt Iran's ability to export crude. European and Asian nations use the bank for transactions to import Iranian oil.

President Barack Obama has said he will sign the bill despite his misgivings. China and Russia have opposed such measures.

Sanctions specifically targeting Iran's oil exports would likely temporarily spike oil prices to levels that could weigh heavily on the world economy.

Closing the Strait of Hormuz would hit even harder. Energy consultant and trader The Schork Group estimated crude would jump to above $140 per barrel. Conservatives in Iran claim global oil prices will jump to $250 a barrel should the waterway be closed.

By closing the strait, Iran may aim to send the message that its pain from sanctions will also be felt by others. But it has equally compelling reasons not to try.

The move would put the country's hardline regime straight in the cross-hairs of the world, including nations that have so far been relative allies. Much of Iran's crude goes to Europe and to Asia.

"Shutting down the strait ... is the last bullet that Iran has and therefore we have to express some doubt that they would do this and at the same time lose their support from China and Russia," said analyst Olivier Jakob of Petromatrix in Switzerland.

Iran has adopted an aggressive military posture in recent months in response to increasing threats from the U.S. and Israel of possible military action to stop Iran's nuclear program.

The Iranian navy's exercises, which began on Saturday, involve submarines, missile drills, torpedoes and drones. A senior Iranian commander said Wednesday that the country's navy is also planning to test advanced missiles and "smart" torpedoes during the maneuvers.

The war games cover a 1,250-mile (2,000-kilometer) stretch off the Strait of Hormuz, northern parts of the Indian Ocean and into the Gulf of Aden near the entrance to the Red Sea and could bring Iranian ships into proximity with U.S. Navy vessels in the area.

The moderate news website, irdiplomacy.ir, says the show of strength is intended to send a message to the West that Iran is capable of sealing off the waterway.

"The war games ... are a warning to the West that should oil and central bank sanctions be stepped up, (Iran) is able to cut the lifeblood of the West and Arabs," it said, adding that the West "should regard the maneuvers as a direct message."

---

El-Tablawy reported from Cairo. Associated Press writers Adam Schreck in Dubai and Abdullah Shihri in Riyadh, Saudi Arabia, contributed.

Source: http://hosted.ap.org/dynamic/stories/M/ML_IRAN_OIL?SITE=SCCOL&SECTION=HOME&TEMPLATE=DEFAULT

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Breaking Down a Google iPad Killer Rumor (The Atlantic Wire)

Today Fox News is reporting that Eric Schmidt promised an iPad killer in six months, based on a comment the Google Executive Chairman?made last week to Italian paper Corriere della Sera. This is exactly what Schmidt said. "Noi nei prossimi sei mesi contiamo di mettere sul mercato un tablet di altissima qualit?m," he told the paper. Yes, that's Italian. But, any native English speaker can read that nowhere in there does it say iPad.

Related: Amazon Kindle Fire Review Roundup: You Get What You Pay For

Using our basic Italian, derived from our decent Spanish skills and some Google translate help, we're pretty sure that translates to something like "in the next six months we plan to market a tablet of the highest quality." Considering Google owns the Android operating system, this could mean that Google is working with another hardware company to create a new tablet. It's neither exciting nor surprising that within a year, a new Android something would hit the electronics market.

Related: Amazon Is Changing the Future of Online Shopping

However, Schmidt could have alluded to something a bit more interesting: an iPad-slaughter machine. "Vedrete una concorrenza brutale tra Apple e Android di Google. ? il capitalismo." Translation: "You will see a brutal competition between Apple and Google Android," continued Schmidt. "That's capitalism." That sounds harsher than just another Android tablet. Google reserves the Nexus brand for its Android-based smartphones, which is why others have inferred that Schmidt may be talking about a new Nexus offering. This intriguing Nexus tablet has been rumored since April 2010, with the mill feeding the unconfirmed tablet ever since. Schmidt has been known to make crazy promises of late?including Google TVs in every home within six months. (That one sounded particularly ridiculous to us.)

Related: You Probably Won't Want Amazon's Kindle Fire for Christmas

As for the iPad killer part. We've heard that kind of big talk before, particularly with Amazon's Kindle Fire. And with its recession-proof $200 price tag, the Amazon tablet has done a decent job disrupting the Apple-dominated market, claiming a million sales per week. But the death part has yet to be determined. Google's Nexus phones have gotten mixed reviews from the techies, some saying they would forgo the iPhone with others sticking?by Apple's devices: The iPhone still dominates.

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//news.yahoo.com/s/atlantic/20111227/tc_atlantic/breakingdowngoogleipadkillerrumor46664

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Wednesday, December 28, 2011

U.K. NETWORK BUYING UP ALL DIGITAL BILLBOARDS IN LONDON SUBWAYS

You are here: Home / Uncategorized / U.K. NETWORK BUYING UP ALL DIGITAL BILLBOARDS IN LONDON SUBWAYS



December 28, 2011 by admin ? ?

In a first-of-its-kind deal, the British television network Channel 4 will become the exclusive advertiser on all 1,460 digital signs in the London subway system on New Year?s Eve. The ads, appearing on the CBS Outdoor screens, will be changed at regular intervals, and will feature the stars of game and comedy shows celebrating the approach of the new year. Travelers riding escalators in tube stations will see the celebrities seemingly descending the escalators next to them. On the trains, Channel 4 said, videos will show them riding ?side by side, minding their own business, on their way to their respective big nights out.? As the night wears on, the network said, the actors will appear ?increasingly more debauched? as they travel from one party to the next and by the end of the night they will be ?looking slightly the worse for wear.? Terms of the deal between Channel 4 and CBS Outdoor, the billboard unit of America?s CBS Corp., were not disclosed. CBS Outdoor said that the ad campaign was the first to make use of all its digital screens in the London underground.

Source: http://feedproxy.google.com/~r/StudioBriefing/~3/qhDCV1rD_lo/

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Deputy of Pentecostal Union: Revolution is not a way for Russia

ASSIST News Service (ANS) - PO Box 609, Lake Forest, CA 92609-0609 USA
Visit our web site at: www.assistnews.net -- E-mail: assistnews@aol.com


Friday, December 23, 2011

Deputy of Pentecostal Union: Revolution is not a way for Russia

By Victoria Uzunova of the Christian Telegraph (www.christiantelegraph.com)
Special to ASSIST News Service

MOSCOW, RUSSIA (ANS) -- Konstantin Bendas, the First Deputy of the Supervisory Bishop of the Associated Russian Union of Christians of Evangelical-Pentecostal Faith, has said that revolution is "not a way for Russia."

A woman with with a child casts her ballot next to a young Russian cossak (R) at a polling station during the parliamentary election in the southern Russian city of Rostov-on-Don December 4, 2011.
(Vladimir Konstantinov/Reuters)

He commented on the political situation in Russia after the recent parliamentary elections, during?which, in light of the persistent protests and objections to the fact that the controversial United Russia party won nearly 50% of the votes, many priests and spiritual leaders have been asked about the role of the church in political turmoil.

Mr. Bendas believes that these inquiries are good since priests ?should find answers and true and sincere words for those who trust him.?

Konstantin Bendas added that ?one can only rejoice that the church still remains an authoritative institution in our secular society.? He also noted that a lot of journalists sought definitive answers regarding whom the church supported.

?We don?t have a definitive answer or a solution to this situation. People who urge for riots, revolution and violent upheaval are wrong, but those who falsify the truth and the elections results are also wrong,? underlined the First Deputy.

Konstantin Bendas
(Photo via www.invictory.org)

?Our position, as a religious organization, is to pray and abstain from unlawful acts and support those who demand protection of their civil rights. We don?t need confrontation in our society, but it is necessary for us to have a constructive work for the defense of human rights. We believe that it would me more effective to file an action to a public prosecutor's office, police offices and committees of inquiry.

?And where the rights of voters were encroached upon, justice must be obtained. The results must be recounted and guilty must be punished according to the law,? underlined Bendas.

?We want to emphasize that revolution is not a proper way for Russia. The Church should call for reformation as a return to moral and spiritual values that are stipulated in the Bible,? concluded the minister.



Victoria Uzunova is a correspondent for the Christian Telegraph [www.christiantelegraph.com], a unique Christian news service partnering with the largest Christian News Agency in Russian language InVictory News [www.invictory.org/news/] which is one of few news gateways of what is happening in Christianity in such former USSR countries as Russia, Ukraine, Belarus, Latvia, Lithuania, Estonia, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Armenia, Georgia and others.

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Source: http://www.assistnews.net/Stories/2011/s11120104.htm

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Tuesday, December 27, 2011

Chris Weigant: My 2011 "McLaughlin Awards" [Part 2]

Welcome back to our annual year-end awards column!

In case you missed it, Part 1 of our "McLaughlin Awards" (named for the television show where we get these categories, of course) ran last week, so check it out.

Also for your convenience, here are all the previous years of these columns as well:

2010 -- [Part 1] [Part 2]
2009 -- [Part 1] [Part 2]
2008 -- [Part 1] [Part 2]
2007 -- [Part 1] [Part 2]
2006 -- [Part 1] [Part 2]

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Trophy
???Destined For Political Stardom

From the Republican side of the aisle, Chris Christie springs to mind this year. So does Marco Rubio, but then we gave him this award last year (and we're still betting he's on top of every list of vice presidential running mates out there in RepublicanLand later this year).

This year, instead, we turn to the Democrats to find the winner of Destined For Political Stardom. If Elizabeth Warren manages to wrest Teddy Kennedy's old Senate seat away from the Republican usurper, she will indeed be on the road to Democratic stardom. So far, she's been extraordinarily effective on the campaign trail, and she seems to have a backbone of solid titanium.

Warren is the best the Democrats have seen since Bill Clinton at the ability to make complicated subjects easy to understand to average voters. She doesn't talk down to people, but she does talk in language just about everyone can understand.

Her campaign so far has been the populist model for every other Democrat to mimic if they want to catch the wave of anger at Wall Street, and use it to their benefit. Without question, Elizabeth Warren is Destined For Political Stardom.

?

Trophy
???Destined For Political Oblivion

There is certainly no lack of folks to choose from in this category. Anthony Weiner springs to mind, as does every politician caught in a sex scandal this year (more on that later). But this year, due to the nature of the open race on their side of the aisle, there are a whole bunch of Republicans who almost qualify for this award: Sarah Palin, Newt Gingrich (one would hope), Rick Perry, Rick Santorum, Jon Huntsman, and Michele Bachmann all spring immediately to mind. The problem with each is that, phoenix-like, one could see them rising from the ashes to fight another day... or at least to rant and rave on their new Fox News show. Or even (shudder) run for office again.

Ron Paul is in a class by himself in this category, as well. Paul is not running for his House seat next year, and has thus put all his chips on his presidential run. He may wind up being a kingmaker in the Republican race (if he captures enough delegates), or he might even make a third-party bid for the White House, who knows? Either way, he'll likely be off the stage (and off Fox News) by 2013. But he has a fervent set of followers, so "oblivion" is just too strong a word to use for Ron Paul's legacy, whatever it turns out to be.

One Republican candidate, though, is already in the Land Of Oblivion. His name is Tim Pawlenty. Surely you remember "TPaw"? Well, probably not. He dropped out of the Republican race way too early (look at some of the clowns who rose in the polls after his exit from the race, to prove this point), and is neither going to ever run again nor be given a cushy spot on Fox. Be honest with yourself, you had to think for a moment to even remember who he was, didn't you? Tim... Tim Pawlenty... um... oh, yeah, that guy! The very definition of Destined For Political Oblivion.

Heh.

?

Trophy
???Best Political Theater

If there was an award for "Most Political Theater" then the Republican debates would win it hands down. This may set a precedent for future primary campaigns, so beware of that.

Defining "best" is tricky, because it's tempting to go with "political theater I enjoyed the most" which would be a decision between Occupy Wall Street and the protesters in Wisconsin who "occupied" (before the word was even used in this political sense) the Madison statehouse last winter -- along with the Democrats fleeing the state to deny Republicans a quorum. Wisconsin showed people pushing back against the attack on Labor rights, and Occupy spread to hundreds of towns and cities, so both were powerful (and theatrical) statements in their own right.

But the Best Political Theater of 2011 was an idea proposed by the group Third Way and made real by Senator Mark Udall of Colorado -- to have both parties sit intermingled in the audience for the State Of The Union speech. This was in response to the horrific shooting of Representative Gabby Giffords, which had happened only days before. This political theater put an end (for at least one year's time) to the circus-like atmosphere of the "duelling standing ovations" which the State Of The Union speech had sunk to.

The media hated it, because they couldn't accurately give sports-like "stats" to how many times each party had applauded. It deserves some sort of award just for annoying the media, if for nothing else.

You can argue it was just a stunt. You can say it won't be repeated next month. It's easy to cynically dismiss, in other words. But, for me at least, this was the Best Political Theater of the year -- because watching a State Of The Union without the annual applause sideshow was indeed quite memorable.

?

Trophy
???Worst Political Theater

Lots of nominees in this category as well. There was the dynamic between Speaker John Boehner and the Tea Party -- where Boehner would cut a deal and then face open revolt by his own caucus. That was pretty bad theater, and it happened multiple times over the course of the year.

Since I forgot these last week (they really should have gone under the "Worst Photo Op" category), allow me to mention in passing: the U.C. Davis police pepper-spraying non-violent passive protesters, Christina Aguilera muffing the words to the National Anthem during the Super Bowl, and the spectacle of Tom Friedman being interviewed on the Arab Spring uprising in Egypt while wearing an expensive leather jacket in Davos, Switzerland at a confab of the bright-and-beautiful set at their annual "We're Important! Pay Attention To Us!" summit (or whatever it's called).

The obvious choice in this category would be to pick "shutting down the government" or perhaps "holding everything hostage and holding our breath until we're blue in the face" -- the tactic Republicans used over and over again throughout the year in a perpetual temper tantrum. In terms of "most significant" that would certainly qualify.

But instead we're giving the Worst Political Theater award to Congress (led by the Republicans) for their political theater of "reading the Constitution to open our session... except the parts that are embarassing." This was just pure hokum, on a P. T. Barnum-esque scale. Strict constructionalist? I hardly think so. If you can't read the words as they were originally written, then don't even bother wasting our time, folks. And obviously, the House Republicans who staged this stunt weren't even listening to it, because within three months they tried to mount a "coup" by decreeing the law of the land without benefit of the Senate voting or the president's signature. Next time, if you read the Constitution's text, maybe you should pay closer attention to what it actually says, guys.

?

Trophy
???Worst Political Scandal

Of course, when the word "scandal" comes up, we all immediately think "sex." The worst sex scandal in the political world last year was probably the man Doonesbury labeled the "Gropenfuhrer" -- Arnold Schwarzenegger. Arnie's secret baby with his maid was definitely the most titillating scandal of the year, but Arnie was actually out of office when the story broke, so the story doesn't even really qualify. Also, Herman Cain wasn't in office yet, and was likewise passed over.

Then there was Anthony Weiner's weener. This has to have been the "most memorable" sex scandal of the year, since no further explanation is necessary. Although we should all offer (ahem) congratulations to Weiner's wife, who just gave birth to a son a few days ago. Hoo boy....

In "most bizarre photo that looks Photoshopped but isn't" category, there was David Wu (Rowr!) of Oregon, who got bonus points for adding drugs into his increasingly-strange behavior. At the time I actually wrote the sentence: "His own staff reportedly confronted him days before the voters were to go to the polls, and tried to get Wu to check himself into a psychiatric hospital," which deserves some sort of recognition, for sure.

My favorite will go down in history as the "fastest sex scandal of all time" in Washington lore, no doubt. Remember the "Craigslist Congressman"? No? If not, it's because it happened with such blinding speed. The entire scandal -- from public exposure of Republican House member Chris Lee flirting online with women not married to him (complete with flexed-muscles photo), to a denial issued by his office (that he had just "sold some furniture" and his account had likely been hacked), to a gotcha interview with Fox News, to his resignation being read on the House floor (for making "profound mistakes") -- took only a gaspingly-swift three hours and twenty-seven minutes! I'd bet the farm nobody's ever going to top that record.

But, all salaciousness aside, I have to agree with the Republicans this year, and award the Worst Political Scandal the "Fast and Furious" program of allowing guns to be trafficked to Mexico by drug gangs. The Justice Department laid a big egg with this one. There's just no other way to say it. Eric Holder already missed his chance to gracefully step down over this fiasco, and one hopes that if Obama wins a second term, he'll decide to pick a new Attorney General.

?

Trophy
???Most Underreported Story

As always, plenty of these to choose from. The benefits of Obamacare slowly becoming real (such as free contraception pills for women). The rise in deportations of illegal aliens. The shameful fact that we haven't been processing visas fast enough so that Iraqis who helped the United States (by being translators, for instance) can move here -- and instead they now live in danger of their lives in Iraq because of aiding America. A likewise-shameful screwup with the green card lottery this year which left a whole lot of people thinking they had won green cards only to get a second letter saying "so sorry, we're holding the lottery all over again." The nuclear fallout from the Japanese reactor (the news media ran a lot of film of reactors blowing up, but virtually no solid information or data telling the public how much radiation had escaped and how far it had gotten). Right up until the Occupy Wall Street movement began, the refusal of the mainstream media to point out that raising taxes on millionaires polls incredibly favorably with the American public -- consistently getting around 75 percent approval. The Progressive "People's Budget" which was introduced this year in Congress -- and utterly ignored by the media. The story of the unemployment rate falling at a faster rate than it has since 1958 -- from 9.8 percent to 8.9 percent in only three months.

But, overall, the Most Underreported Story was the war in Libya. The American media perked up when the war began, and ran explosive footage, and then they quickly got bored. They stayed bored, occasionally running some footage of a few guys in a Jeep with a machine gun, using the dismissive "a ragtag band of rebel fighters" ad nauseam. At the very end, the media woke back up and covered the fall of Tripoli. They then got bored again, until the capture of Ghaddafi gave them the juicy footage they'd been waiting for all along.

The entire exercise was a pathetic and poor excuse for journalism. Other media outlets -- those outside the United States -- did a much better job, and thanks to the internet Americans could indeed stay informed if they put forth the effort. But the American media absolutely stunk in their coverage of the progress of the war -- the Most Underreported Story of the year.

?

Trophy
???Most Overreported Story

In my opinion, "class warfare" is vastly overreported. But then, when I think about it, it's more the "most overused trite nonsense term" which isn't exactly the same thing.

So we're just going to go with the obvious, and award Most Overreported Story to Donald Trump. On what planet could this man be considered material for President of the United States? I mean, really, what planet would this actually happen upon? Sheesh. Maybe it's just because he has an outsized presence in New York City, and most all of the national media types live there. Or something. It's hard to figure why anyone takes this buffoon so seriously. From his birth certificate demands of President Obama, to his flirtation with the Republican primary race in order to gain a better contract for his television show, to his debate that nobody was going to show up at --- why, precisely, is this man news anymore?

?

Trophy
???Biggest Government Waste

Well, there's always "congressional vacations." Or maybe that should just be "congressional pay." Sigh.

But instead of money, this year we're going to hand out Biggest Government Waste for the biggest time waster of the year -- the soi disant "Supercommittee." What an enormous waste of time that was, eh?

?

Trophy
???Best Government Dollar Spent

If I wanted a sweeping award here, I'd give it to "unemployment insurance payment extensions" since every economist agrees this is the best "bang for the buck" government spending there is under the sun.

But we're going microscopic on this category. A close runner-up this year was the guy at the Centers for Disease Control who wrote an amusing (and informative!) official C.D.C. blog post explaining how Americans can prepare for (are you sitting down?) immanent zombie apocalypse. For sheer entertainment value, this was the Best Government Dollar Spent last year, bar none. But it narrowly misses winning our award this year, because of the misstep on timing. The blog post appeared in May. Just imagine how much more effective (and how much more amusing for the news media) should it have appeared in... oh, I don't know... late October?

Heh.

Seriously, though, we are going to get microscopic and it is in the entertainment realm. The winner of the Best Government Dollar Spent this year is the National Jukebox. I even titled the article I wrote about this project "Tax Dollars Well Spent." The Library of Congress worked out a deal with Sony to put thousands of pre-1925 recordings online, for free public access. This represents a treasure trove of all kinds of recordings, and is my hands-down winner for best usage of my tax dollars.

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Trophy
???Boldest Political Tactic

Ron Paul announced his candidacy for president this May... on Friday the 13th. That's pretty darn bold, right?

Kidding aside, though, President Obama's decision to center his campaign around populism was pretty bold -- if only because he's been a reluctant populist, at best, so far.

Realistically, we had three strong contenders. The first runner-up was the Occupy Wall Street folks for trying to replicate the energy of the Arab Spring people power here in America. The jury's still out on how history will see the 99 Percent movement, but already it has injected several important subjects into the political debate which were previously being conveniently ignored by the inside-the-Beltway crowd.

The second runner-up was the concept of shutting down the government. Both sides took part in this, the Democrats up in Wisconsin, and the Tea Partiers in the U.S. House. But in neither case was it very successful, in terms of concrete results. In both cases, however, it did energize the party base, which could turn out to be more important in the end.

But the real winner of the Boldest Political Tactic was the reason why people occupied Madison, Wisconsin in the first place -- the coordinated attack by newly-minted Republican governors across the land on public-sector Labor. The Unions were under full-scale siege by the governors, who decided this was the time for overreaching. It wasn't just Scott Walker, it was a whole bunch of others who began demonizing Labor with a ferocity not seen in years. The backlash against this extremism is building, but you have to hand it to the governors -- whether it ultimately fails or not -- attacking Unions in this fashion was admittedly bold.

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Trophy
???Best Idea

How about letting The Onion compete for a Pulitzer Prize? Sounds like a pretty good idea to me.

Making the insurance industry provide The Pill to all women for free was a good idea whose time has come.

But the Best Idea of 2011 came from the voters in California. They passed a referendum which mandated that the state budget be passed on time -- if not, then lawmakers' pay would be immediately cut off. No budget? No pay. Simple as that.

Previously, California had been known for budgets that were seven, eight, or even nine months late. This year, the budget did not pass on time. Or, rather, they tried to pass a piece of garbage and call it a budget. The state's top paymaster ruled that it wasn't a real budget, and the paychecks stopped. Within two weeks a real budget was in place. That is a damn good idea, and the best one of the year. You don't do your job? Then you don't get paid, Jack.

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Trophy
???Worst Idea

There were almost too many of these to keep track of.

The Paul Ryan budget. Shutting down the government. The House Tea Partiers attempting a coup of the legislative process. "9-9-9." Overturning the F.D.A. on over-the-counter Plan B sales. Attacking the legal medical marijuana industry in California (and elsewhere) in ways not even George W. Bush attempted.

Then there was always the first slogan the Obama-in-2012 people came up with: "Winning The Future." I mean, really, guys... WTF?

But again I'm going to go micro, here. The Worst Idea of 2011 was the post office's decision to allow live people to appear on U.S. stamps. This doesn't sound like a big deal, but it is. Read my whole rant on the subject, if interested. Only three stamps have ever had live Americans depicted on them, and two of those were the same image (the Iwo Jima flag-raising -- the other image was of a post-9/11 flag-raising). Those are the only types of live Americans I ever want to see on stamps -- anonymous heroes. If you think I'm overreacting, consider this: what kind of battles will be waged over which live U.S. politician gets a stamp while they're still around? Or sports figures? Or pop musicians? You really want to see a Kardashians stamp -- or a Snooki stamp? The whole thing is an easily-avoidable nightmare.

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Trophy
???Sorry To See You Go

Always a sad category. Before we get to deaths, I'd like to note two things I'll be sorry to see go:

Jim Lehrer as full-time anchor on the PBS NewsHour program.

Herman Cain as a Republican candidate -- because he brought a certain upbeat spark to the race which is now notable in its absence. Seriously, don't any of the Republican candidates ever smile? Even once?

And, finally, the space shuttle program.

On to notable human passings...

Andy Rooney (secret confession: I've always wanted his job).

Geraldine Ferraro, barrier-breaker extraordinaire.

Anne McCaffrey, the MasterWriter of Pern.

Steve Jobs (full disclosure: I once worked for him, indirectly, at Apple).

And Corporal Frank Buckles, the last surviving American veteran of World War I (who was, quite shamefully, not allowed to lie in state in the U.S. Capitol's Rotunda, which is just inexcusable).

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Trophy
???15 Minutes Of Fame

One could make the case for Chris Lee, for his three hours and twenty-seven minutes of infamy (see scandals, above). It's certainly closest to the literal meaning of the phrase.

One could also make a case for Occupy Wall Street (note: not the larger 99 Percenter movement it spawned), but they may return like robins in the spring weather, so we'll just have to wait and see.

Although the competition was tight in the Republican presidential race wannabe class of folks, we're going to have to hand the 15 Minutes Of Fame award to none other than the pizza man himself, Herman Cain. It was a wild ride, and we'll all remember "9... 9... 9!!" for years to come, that's my guess.

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Trophy
???Best Spin

This one is relatively easy. While the Republicans masterfully spun the fact that they were injecting a monstrous amount of uncertainty into the world's markets and economies with their political tactics this year -- by, in true Orwellian fashion, saying they were fighting against such "uncertainty," even this whopper wasn't good enough to win Best Spin this year.

The Best Spin of the year came from the Republicans -- calling millionaires and billionaires "job creators." Seriously, I had never heard the term a year ago, and now it's everywhere. I would send this award straight to Frank Luntz, if I had any proof he were behind it, but whoever dreamed this nonsense spin up truly deserves the Best Spin of 2011.

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Trophy
???Most Honest Person

I'm going to have to give this one to Ron Paul. Love him or hate him, he usually says exactly what's on his mind, and it's usually the same exact thing he's been saying for roughly three decades. That's a whale of a lot more honest than most, in the swampland that is our Nation's Capital.

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Trophy
???Most Overrated

Charlie Sheen.

Sigh... oh, OK, I'll bring it back to politics.

There were plenty of overrated Republican candidates this year, most prominent in the media itself being Jon Huntsman. More stories were written about Huntsman's magic chances for winning than I've ever seen someone who consistently polls at two percent or less.

If there were a "Most Overrated Within His Own Mind" award, Donald Trump and Newt Gingrich would be fighting it out this year. We could have it on pay-per-view, even. The ratings would be huge!

Heh.

But the real Most Overrated award goes to Rick Perry, or (as we should all start calling him forever more) "George W. Bush Lite." Perry was supposed to be the Republican messiah who could tie together the Tea Partiers, the religious Right, and the establishment Republicans who run the party. He was billed as the ultimate Anti-Romney.

All of this was before (of course) the man actually opened up his mouth. The shock and horror which quickly followed in the Republican Party earns Rick Perry the Most Overrated this year.

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Trophy
???Most Underrated

Two names spring to mind from the Obama administration: Hillary Clinton and Leon Panetta. Both are fairly low-key and consistently competent in what they do. Clinton, in particular, had a lot on her plate this year. Panetta flawlessly extricated the troops from Iraq -- in what was billed as the biggest logistical move the Pentagon has made since World War II. Both Clinton and Panetta never sought the limelight, either. Plus, there's a great clip of a guy in a loincloth running behind Clinton this year that I somehow forgot for last week's Best Photo Op (heh).

But the true winner of Most Underrated this year is Occupy Wall Street and the 99 Percenters. Constantly brushed off by most media as nothing more than a bunch of dirty hippies, these protesters have completely changed the dynamic in the power halls of Washington and the media. The Occupiers have their problems, to be sure, but they have blazed a trail through the wilderness that others are now following. While an argument can be made that the Unions and others in Wisconsin started the spark this year among the Left, Occupy Wall Street successfully got the world's attention turned towards the shameless collusion between Big Business and the politicians they bribe to do their bidding. Because of this, the populism momentum has shifted from the Right's Tea Party to the Left's 99 Percenters. While it's too early to see how it'll all play out, that's an enormous accomplishment already. For this achievement, the Occupiers are the Most Underrated of 2011.

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Trophy
???Predictions

As always, I like to review my predictions from last year first, to see how I did in 2011. Here goes:

The Tea Party and establishment Republicans are going to battle about what to do in Congress, reminiscent of the Blue Dog battles on the Democratic side.

Two-parter: Congress will get more done than anyone expects, and the battleground will be in the House, not the Senate.

Obama's approval rating will rebound, and finish the year "above water" (better than his job disapproval rating), ending months of being "underwater."

Haley Barbour, Newt Gingrich, and Sarah Palin will all run for the Republican nod.

President Obama will not get any serious primary challenge.

Let's just score that, shall we? The first I was right on the money (see: Boehner and Tea Party, last week). The second and third (the two-parter), well I blew the first half, didn't I? Congress got next to nothing done. The battleground was in the House, for the most part, though. The jury's still out on the next one, but Obama's approval rating at RealClearPolitics is indeed approaching the breakthrough point, after being underwater for months. But we won't know until the year ends whether he makes it or not. I was only right on one out of three predictions for the Republican race, but I was right about Obama not facing any primary challenge. So, by my count, three-and-a-third right, one-and-two-thirds wrong, and one still in abeyance. That's better than last year, when I got zero out of seven right!

OK, on to next year. In 2012:

Unemployment will fall below eight percent in the summer, and the economy will be less of an issue in the fall election than anyone now believes.

Ron Paul will win Iowa. The media will continue to ignore him. He'll place in the top three in New Hampshire. The media will collectively yawn.

Newt will crash and burn before Super Tuesday. He'll say something so outrageous, so outside mainstream Republican thought that his poll numbers will tank.

Mitt Romney will win the nomination by mid-April.

He will choose as his running mate Marco Rubio, in a bid to attract the Tea Party and win Florida. Republicans will regretfully close ranks around Romney.

The Americans Elect "online convention" will overwhelmingly vote for Ron Paul to head their third-party ticket. Americans Elect's board will overrule this decision and nominate Bloomberg. Ron Paul will be offered the Libertarian Party's ticket instead, making it a four-way race for November.

Barack Obama will win a second term. Republicans will vent their fury on the Ron Paul supporters, much as Democrats did to Ralph Nader voters.

See you next year!

Or, in keeping with the official McLaughlin protocol, I bid you:

"Bye-bye!"

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Chris Weigant blogs at:
ChrisWeigant.com

Follow Chris on Twitter: @ChrisWeigant
Become a fan of Chris on The Huffington Post

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Follow Chris Weigant on Twitter: www.twitter.com/ChrisWeigant

Source: http://www.huffingtonpost.com/chris-weigant/my-2011-mclaughlin-awards_1_b_1168251.html

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Saturday, December 17, 2011

'Baseball Wives': Anna's Plan To Trick Her Husband Into Giving Her Another Baby (VIDEO)

Anna Benson's reasoning for wanting another baby on "Baseball Wives" (Wed., 9PM ET on VH1) makes perfect sense. She wants a playmate for her youngest because there's a big age gap between the baby and the other kids. It's how she's going about it that's questionable.

She confided in Erika Williams that she'd stopped taking her birth control pills and was planning a romantic night together with her husband.

"Do not say you're tricking him into having another baby," Erika said.

"Of course I am," Anna said. Apparently, she'd talked to her husband about having another baby and he was adamant that he didn't want to, so she decided to take matters into her own hand.

Erika was a lot more uncomfortable with this scheme than Anna seemed to expect. "Now I feel like a responsibility to tell him," she said, while Anna seemed sure that she wouldn't.

TV Replay scours the vast television landscape to find the most interesting, amusing, and, on a good day, amazing moments, and delivers them right to your browser.

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Source: http://www.huffingtonpost.com/2011/12/15/baseball-wives-annas-plan-to-get-pregnant-video_n_1150399.html

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Friday, December 16, 2011

First Offshore Lease Auction Since BP Oil Spill Fetches $337.7 Million (ContributorNetwork)

For the first time since the BP Deepwater Horizon oil spill in the Gulf of Mexico in April 2010, the federal government held an auction to sell offshore petroleum leases in the region, according to the Associated Press. Although the auction fetched $337.7 million in winning bids, 20 companies placed bids cumulatively worth $712.7 million.

Oil companies bid on drilling rights for 191 areas located in the Gulf off the coast of Texas. ConocoPhillips was the biggest buyer, followed by Exxon Mobil and BP. With this auction completed, here are some facts on the efforts to continue and stop offshore drilling ventures in the Gulf:

* MSNBC reported several environmental groups, including Oceana, Defenders of Wildlife, the Natural Resources Defense Council, and the Center for Biological Diversity filed a complaint in federal court seeking a temporary halt on the auction.

* The complaint asserts that by proceeding with the auction, the Interior Department's Bureau of Ocean Energy Management fails to consider the impacts the BP oil spill had and ignores new information on emergency management.

* In October, BP announced it had received its first offshore drilling permit from the federal government since the oil spill, according to CNN Money.

* BP is looking to resume drilling for oil and establish five new wells at a site located roughly 250 miles southwest of New Orleans.

* Bloomberg noted that following the disaster in the Gulf, the Obama administration issued a moratorium on deepwater drilling.

* Even after the official moratorium was lifted and a second one was imposed by Department of the Interior Secretary Ken Salazar and then quickly cancelled, as of this past February, no new deepwater permits had been issued.

* The Guardian reported in December 2010, the Obama administration reversed its decision to allow for the expansion of offshore drilling in the eastern Gulf of Mexico, as well as off the Atlantic and Pacific coasts until at least 2017.

* Despite excluding drilling in the Arctic region, the ban received praise from environmental groups but the oil and gas industry criticized the decision.

* Last month, President Barack Obama took a major step by agreeing to allow for more oil and natural gas exploration and drilling in both the Gulf and off the coast of Alaska, reported BBC News.

* Even though the move opens the area for more oil production, Republicans have continued to push for a more extensive expansion to allow for more leases to drill in both regions.

Rachel Bogart provides an in-depth look at current environmental issues and local Chicago news stories. As a college student from the Chicago suburbs pursuing two science degrees, she applies her knowledge and passion to both topics to garner further public awareness.

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/ac/20111214/sc_ac/10681045_first_offshore_lease_auction_since_bp_oil_spill_fetches_3377_million

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Defense bill nears passage in Congress (AP)

WASHINGTON ? A massive defense bill is on the brink of final passage after the Obama administration and Congress resolved a fierce struggle over the president's ability to prosecute terrorist suspects in the civilian justice system.

The House voted 283-136 for the $662 billion measure Wednesday night, a rare bipartisan vote that reflected strong support for annual legislation that authorizes money for the men and women of the military as well as weapons systems and the millions of jobs they generate in lawmakers' districts.

The Senate was expected to clear the bill Thursday and send it to President Barack Obama.

The House vote came just hours after the administration abandoned a veto threat over provisions dealing with the handling of terrorism suspects.

Applying pressure on House and Senate negotiators working on the bill last week, Obama and senior members of his national security team, including Defense Secretary Leon Panetta and Secretary of State Hillary Rodham Clinton, had sought modifications in the detainee provisions.

Negotiators announced the changes late Monday, clearing the way for White House acceptance.

In a statement, press secretary Jay Carney said the new bill "does not challenge the president's ability to collect intelligence, incapacitate dangerous terrorists and protect the American people."

Specifically, the bill would require that the military take custody of a suspect deemed to be a member of al-Qaida or its affiliates who is involved in plotting or committing attacks on the United States. There is an exemption for U.S. citizens.

House and Senate negotiators added language that says nothing in the bill will affect "existing criminal enforcement and national security authorities of the FBI or any other domestic law enforcement agency" with regard to a captured suspect "regardless of whether such ... person is held in military custody."

The bill also says the president can waive the provision based on national security.

"While we remain concerned about the uncertainty that this law will create for our counterterrorism professionals, the most recent changes give the president additional discretion in determining how the law will be implemented, consistent with our values and the rule of law, which are at the heart of our country's strength," Carney said.

Uncertainty was a major concern of FBI Director Robert Mueller, who expressed serious reservations about the detainee provisions.

Testifying before the Senate Judiciary Committee, Mueller said a coordinated effort by the military, intelligence agencies and law enforcement has weakened al-Qaida and captured or killed many of its leaders, including Osama bin Laden and Anwar al-Awlaki, the U.S.-born radical Islamic cleric. He suggested that the divisive provision in the bipartisan defense bill would deny that flexibility and prove impractical.

"The statute lacks clarity with regard to what happens at the time of arrest. It lacks clarity with regard to what happens if we had a case in Lackawanna, N.Y., and an arrest has to be made there and there's no military within several hundred miles," Mueller said. "What happens if we have ... a case that we're investigating on three individuals, two of whom are American citizens and would not go to military custody and the third is not an American citizen and could go to military custody?"

Unnerving many conservative Republicans and liberal Democrats, the legislation also would deny suspected terrorists, even U.S. citizens seized within the nation's borders, the right to trial and subject them to indefinite detention. House Republican leaders had to tamp down a small revolt among some rank-and-file who sought to delay a vote on the bill.

Some of the Republicans were concerned that the "president would use the military to round up American citizens," said Rep. Allen West, R-Fla., a member of the Armed Services panel.

The escalating fight over whether to treat suspects as prisoners of war or criminals has divided Democrats and Republicans, the Pentagon and Congress.

The administration insists that the military, law enforcement and intelligence officials need flexibility in the campaign against terrorism. Obama points to his administration's successes in killing bin Laden and al-Awlaki. Republicans counter that their efforts are necessary to respond to an evolving, post-Sept. 11 threat and that Obama has failed to produce a consistent policy on handling terror suspects.

Highlighting a period of austerity and a winding down of decade-old conflicts, the bill is $27 billion less than Obama requested and $43 billion less than Congress gave the Pentagon. The bill also authorizes money for the wars in Iraq and Afghanistan and national security programs in the Energy Department.

Frustrated with delays and cost overruns with the troubled F-35 Joint Strike Fighter aircraft program, lawmakers planned to require the contractor, Lockheed Martin, to cover the expense of any extra costs on the next batch and future purchases of the aircraft. The Pentagon envisions buying 2,443 planes for the Air Force, Marine Corps and Navy, but the price could make it the most expensive program in military history ? $1 trillion.

The legislation freezes $700 million for Pakistan until the defense secretary provides Congress a report on how Islamabad is countering the threat of improvised explosive devices.

It would impose tough new penalties on Iran, targeting foreign financial institutions that do business with the country's central bank. The president could waive those penalties if he notifies Congress that it's in the interest of national security.

____

Associated Press writers Pete Yost and Andrew Taylor contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/terrorism/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_go_co/us_congress_defense

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Tuesday, December 6, 2011

Gingrich praises Cain for optimism, big ideas

FILE - In this Dec. 1, 2011 file photo, Republican presidential candidate, former House Speaker Newt Gingrich speaks in West Des Moines, Iowa. Back from the political dead, Gingrich has momentum on his side just a month before the first voting in the GOP nomination fight. But he has never fully rebuilt his organization after almost his entire team quit in June, and his fundraising is questionable at best. Will that matter when he goes up against the well-funded and organized Mitt Romney for actual votes. (AP Photo/Charlie Neibergall, File)

FILE - In this Dec. 1, 2011 file photo, Republican presidential candidate, former House Speaker Newt Gingrich speaks in West Des Moines, Iowa. Back from the political dead, Gingrich has momentum on his side just a month before the first voting in the GOP nomination fight. But he has never fully rebuilt his organization after almost his entire team quit in June, and his fundraising is questionable at best. Will that matter when he goes up against the well-funded and organized Mitt Romney for actual votes. (AP Photo/Charlie Neibergall, File)

Republican presidential candidate Herman Cain announces he is suspending his campaign as his wife Gloria, left, looks on Saturday, Dec. 3, 2011, in Atlanta. "I am suspending my presidential campaign because of the continued distractions and the continued hurt caused on me and my family," Cain told several hundred supporters gathered at what was to have been the opening of his national campaign headquarters. (AP Photo/David Tulis)

(AP) ? Newt Gingrich is praising GOP presidential rival Herman Cain for bringing optimism and big ideas to the 2012 campaign.

Gingrich, a former House speaker, made his comments at a tea party rally on New York's Staten Island, not long after Cain said he was suspending his campaign.

Polls show that Gingrich's candidacy has surged in recent weeks, with many showing him topping the Republican field.

Gingrich refused to say the race has come down to a two-man contest with former Massachusetts Gov. Mitt Romney just a month before the first vote, in Iowa.

Gingrich says any of the Republicans could rebound before the Iowa caucuses, just as he did after his campaign almost collapsed last summer.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2011-12-03-Gingrich/id-9a90e161ab4a4ffb931b1983aeb39b1e

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Zynga rival Nexon's Tokyo IPO set at $1.2 billion (Reuters)

TOKYO (Reuters) ? Online gaming firm Nexon Co fixed the price for its $1.2 billion initial public offering on Monday at the mid-point of a pre-set range, following U.S.-based rival Zynga in settling for a more conservative valuation amid tough stock market conditions.

The public offering, Japan's biggest this year, was several times oversubscribed, reflecting investor expectations that the firm will continue to expand profits thanks to the increasing popularity of online gaming both domestically and overseas.

Nexon offers PC-based games for free while charging small amounts for in-game virtual items, a business model analysts see as relatively recession-proof.

"There are not that many Japanese companies with overseas growth stories. That makes it attractive," said Toru Hashizume, chief investment officer at Stats Investment Management. He declined to say if Stats would participate in the IPO.

Nexon said it would sell shares at 1,300 yen each, picking the middle of a book-building range of 1,200-1,400 after sounding out investors for the global offering last week, and coming in below the initial reference price of 1,360 yen.

It will list on the Tokyo Stock Exchange's first section on December 14, meaning it will be added to the TOPIX index, therefore drawing demand from index funds.

At the IPO price Nexon will raise about 91 billion yen ($1.2 billion) and boast a market value of 560 billion yen, roughly the same as mobile gaming firm Gree Inc, whose stock has jumped more than 7 times since listing three years ago.

The pricing came after Zynga, known for its success with games on Facebook, was forced last week to lower the expected valuation for its IPO this month, due to weak markets and macroeconomic uncertainty.

Nexon has more than 77 million active monthly users, compared with Zynga's 260 million.

While demand for the Nexon offering was strong, a decision was made not to price at the top of the range to ensure a good mix of long-term investors and give the stock a good shot at rising after listing, a source with knowledge of the book-building said.

CYBER ATTACK

A cyber attack in which hackers gained access to personal but no financial information on more than 13 million subscribers to its popular role playing game MapleStory in South Korea probably took some of the shine off the IPO, a Japanese broker not involved in the offering said.

"There has been increasing caution among investors, which is why it did not come in at the top of the 1,200-1,400 yen range," said Takashi Matsumoto, a director at Okasan Securities.

The IPO, Japan's largest since drugmaker Otsuka Holdings took in 160 billion yen in December 2010, was launched despite weak market conditions, with the benchmark Nikkei average down 15 percent since the start of the year.

Last week Nikko Asset Management, which was also due to list in Tokyo this month, cancelled its IPO. [ID:nL4E7N20FR]

Nexon, established in South Korea in 1994, plans to use 14 billion yen of the proceeds to pay off debt, another 9 billion yen to construct a new building for its main subsidiary Nexon Korea Corporation and the remainder on upgrading games systems, including potential investments in third-party games developers.

Nexon's most successful offerings include MapleStory and KartRider. Its operating profit tripled to 30 billion yen in the year to December 2010 from 2008, while sales increased more than 70 percent to 70 billion yen.

At the offering price Nexon would trade at 15 times projected consensus earnings for calendar 2012, according to the source, putting it roughly in line with Gree.

Nexon is selling half of the shares overseas and half in Japan.

Nomura Securities, Morgan Stanley and Goldman Sachs are joint global coordinators, while Barclays Capital is a bookrunner on the international tranche.

(Reporting by Nathan Layne and Isabel Reynolds; Editing by Joseph Radford)

Source: http://us.rd.yahoo.com/dailynews/rss/japan/*http%3A//news.yahoo.com/s/nm/20111205/tc_nm/us_nexon_ipoprice

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Sunday, December 4, 2011

Gadget Lab Podcast: Jawbone Up, HTC Android Phones, and a Virtual Boy

This week on the Gadget Lab podcast, the gang talks about serious issues with the Jawbone Up, takes a look at the HTC Amaze 4G and the HTC Rezound smartphones and -- blast from the past! -- we check out an old school gaming system, the Nintendo Virtual Boy.

Source: http://feedproxy.google.com/~r/GearFactor/~3/IBYmFJv52ac/

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Saturday, December 3, 2011

[OOC] Night Reborn

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This forum is for OOC discussion about existing roleplays.

Please post all "Players Wanted" threads in the Roleplayers Wanted forum!

This topic is an Out Of Character part of the roleplay, ?Night Reborn?. Anything posted here will also show up there.

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Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.
This is the auto-generated OOC topic for the roleplay "Night Reborn"

You may edit this first post as you see fit.

This is the warning, you fall to learn.
And to the girls, you're worth more than the cheap words.
You see your body as beauty, but your pulse is worth more.

-Oh, Sleeper

User avatar
BriBriBearx
Member for 1 years



What kind of characters do you want?

There's always
A little truth behind every
"Just kidding,"
A little knowledge behind every
"I don't know,"
A little emotion behind every
"I don't care,"
And a little pain behind every
"It's okay."

User avatar
rebal2
Member for 2 years



Return to Out of Character

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