Friday, December 16, 2011

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 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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Kristin Cavallari & Jay Cutler?s Engagement Back On!

Kristin Cavallari & Jay Cutler’s Engagement Back On!

Kristin Cavallari and Jay Cutler’s engagement is back on, after Cutler had called off the wedding off back in July. But the couple have worked [...]

Kristin Cavallari & Jay Cutler’s Engagement Back On! Stupid Celebrities Gossip Stupid Celebrities Gossip News

Source: http://stupidcelebrities.net/2011/12/01/kristin-cavallari-confirms-engagement-to-jay-cutler-is-back-on/

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