সোমবার, ৩১ অক্টোবর, ২০১১

Enough Is Enough: How the Fight Over Health Care Reform Impacts Americans (Time.com)

The smell was unmistakable. I recognized it immediately ? a fungating infection. It's what happens when a cancer breaks through the skin and the puss oozes out and aerosolizes, producing an unsurprisingly foul odor. This is what late stage cancer looks like if left unchecked, like many cancers were 100 years ago or still are today in the developing world. But I encountered this case this month, and Yvonne, the woman who sat crying before me, lives in Los Angeles. She lost her job two years ago and when her insurance expired, she was too ashamed to seek help for a mass she felt in her right breast. Now the tumor had replaced her entire breast and blasted through the skin. Being cared for now ? so late in her illness ? was surely not what she would have wanted; and just as surely, it could have been avoided. How did we let this happen in America? (MORE: Obama's Health Reform Popularity Bind)

I was volunteering at the CareNow Free Clinic in the Los Angeles Sports Arena, one of more than 700 doctors, nurses and health professionals who had turned out to serve the local community. CareNow is a nonprofit founded to bring medical care to underserved communities, and the Los Angeles event was organized by Don Manelli, indefatigable president of the group. He was aware of what we would see here today, as was I, having volunteered at similar clinics in Little Rock, Arkansas and in Moorsville, N.C. We also conducted our own clinic for The Dr. Oz Show in Houston in 2009 and saw over 1,800 patients in one day. But simply having been down this road before does not mean you're ever fully prepared for it.

My radio crackled and I was called to see David, a 25-year-old overweight Latino man with a blood sugar of 355, far above the tolerable level of 100. He came to the clinic for eye problems, a common complication of diabetes, but he had not seen a health care professional as an adult and did not appreciate the classic symptoms of frequent urination, constant thirst and lethargy. I pressed on his gums and pus poured from abscesses cause by the untreated elevated blood sugar. As I walked him to the dental clinic on the floor of the sports arena, he asked insightful, targeted questions about his condition, a conversation that should not have happened by chance in a free clinic. The simple advice David collected could help him avoid the rusting of his blood vessels and the amputations, kidney failure, strokes and heart attacks that would otherwise define his life and cost the health care system much more than a timely consultation. I witnessed the surreal effect of watching David's teeth being treated where pro athletes usually dribble basketballs until a young mother asked me about a problem with her mouth. She came to the clinic because her children had health insurance from the state, but she was not covered. (MORE: Same Old Story: Health Insurance Premiums Soar, Yet Again)

It's this tide of disease and despair that CareNow exists to fix. The group was informally established by a team of first-responders who'd learned the art of swooping in to help after hurricanes, earthquakes, wildfires and tsunamis. In May 2009, they held the largest free clinic ever, also in Los Angeles, and a breathtaking 8,000 people showed up. After that, CareNow was formally founded, with the goal of providing care when there is no natural disaster. And on an otherwise unremarkable Friday afternoon in the fall, I was a small part of that effort, gently offering what encouragement I could to a weeping Yvonne.

At what point, I wondered that day and wonder now, will we finally say enough? The medically underserved are, most commonly, the medically uninsured, and they number in the tens of millions. Many don't have jobs, but just as many do. Their companies may not offer health insurance, or they simply may not be able to afford the monthly payroll deductions that would be required to enroll. Since we held our first clinic in October 2009, federal health care reform was enacted to address this. The law is challenged in many states and ultimately will be decided by the Supreme Court in the next year. I don't underestimate the complexities of implementing a health care reform law that we can all live with. As with most entitlement programs since the Great Depression, we will have to perfect health care reform over time, just as Social Security, Medicare, Veterans benefits and others were.

But we're not perfecting the law, we're fighting over it. Politicians dither and people die. Lawyers argue the merits of this or that technical point, and more blameless Americans grow sick and slip away. This isn't just a failure of politics and policy; it's a failure of basic morality. I don't have to convince you of that. All I have to do is make sure you get to know Yvonne and David, show you their pain and their fears and their x rays.

Surgeons like me have to be irrational optimists, so I am going to apply this trait on a grand scale. If enough people start to say enough, then we will get somewhere. I love working among the selfless people who staff these free clinics, who show patients that someone cares about them. But every time I finish a day's work I silently pray it will be the last one we ever need. Get to know the Yvonnes and the Davids, and then let your frustration guide us to an America where free clinics are the stuff of history and the simple dignity of the chance to be healthy is the living reality.

Oz is a surgeon, professor and host of The Dr. Oz Show

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Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/time/20111031/wl_time/httpideastimecom20111031enoughisenoughixzz1cmuesautxidrssfullworldyahoo

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Iraqi PM: 615 detained in anti-Baathist sweep (AP)

BAGHDAD ? Iraq's prime minister said Saturday that 615 people have been detained in a security sweep targeting members of the former ruling Baath party.

Arrests on this scale are likely to alarm Sunni Arabs, who consider use of the term "Baathists" by Iraq's Shiite-dominated government to be a coded way to refer to Sunni politicians, army officers, and other prominent members of their community.

Sunnis say that Baghdad sometimes uses crackdowns on Baathists as a tool to exert political pressure. The arrests coincide with a recent autonomy push by a mostly-Sunni province in north-central Iraq, the latest bone of contention between Sunni political blocs and the Baghdad government.

Prime Minister Nouri al-Maliki revealed the size of the sweep in comments released Saturday by the state-run Iraqiya TV channel during which he defended the detentions.

He said officials had reason to believe the people arrested were a threat to security but he gave no further details. He did not say when the sweep took place, but a Ministry of Interior statement Thursday said about 500 people had been arrested in recent days.

"The recent arrests, which were carried out by the security forces and were based on information and evidence, were aimed at those who threaten the state security and the state stability. There were 615 detained people," al-Maliki said.

"The Baath Party is prohibited by the Constitution, because it is a criminal party that led to the fall of the national sovereignty and it targeted the Iraqi people through the mass graves, chemical weapons," he said.

The Baath Party ruled Iraq under Saddam Hussein but now is outlawed under Iraqi law, and the prime minister has often accused ex-Baathists of planning terrorist attacks across the country.

Many Sunnis, who were disproportionately represented in the party leadership, feel the attacks against Baathists are a thinly veiled way to go after Sunnis.

A leading Sunni lawmaker, Hamid al-Mutlaq, said the arrests would heighten tensions in Iraq and called the allegations of undermining security "science fiction." He called on the government to move forward instead of arresting people for their past connections to the Baath Party.

"Such acts by the government will anger a lot of people in Anbar, Salahuddin and other Iraqi provinces and this might even threaten the unity of the country and might revive the calls for dividing Iraq," he said, referring to Sunni-majority provinces in western and central Iraq.

"It is the worst time to make these arrests ahead of the U.S. withdrawal," he said.

All American forces are to leave Iraq by the end of this year. Many Sunnis are worried that they will come under increased pressure from the Shiite-led government once the Americans, who they feel have often played a moderating influence, are gone.

De-Baathification, a concept started under the U.S.-led Coalition Provisional Authority which ruled Iraq after the invasion, is an Iraqi government policy of trying to purge important government jobs and positions of former mid- and high-ranking members of the Baath Party. Sunnis have criticized the policy as a way to sideline them from policy decisions and prevent them from ever regaining power.

The prime minister also criticized officials in Salahuddin province, which is a mainly Sunni area north of Baghdad, for a vote they took pushing to establish an autonomous region.

Provincial officials Thursday voted to start the process of creating an autonomous region in Salahuddin, akin to the Kurdish autonomous region in northern Iraq.

Provincial officials and residents have complained that their needs aren't being met by the Shiite-led government in Baghdad and that they could do a better job providing for their own security.

The Iraqi constitution allows provinces to establish autonomous regions but it requires numerous procedural hoops making it unlikely the Salahuddin vote would be anything more than a ceremonial protest.

Al-Maliki said the Baath Party is trying to use Salahuddin province as a "safe haven."

__

Associated Press writer Sameer N. Yacoub contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/ap/20111029/ap_on_re_mi_ea/ml_iraq

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রবিবার, ৩০ অক্টোবর, ২০১১

EA raises forecast less than expected, shares fall (Reuters)

(Reuters) ? Electronic Arts Inc's (ERTS.O) second-quarter results beat Wall Street estimates and the video game maker raised its earnings forecast because of the upcoming holiday title "Star Wars: The Old Republic," which it expects to be a hit.

But EA's shares fell more than 4 percent in after-hours trading because investors were puzzled the company did not raise its earnings outlook by more.

For the full year, the company raised its outlook to a range of 75 cents to 90 cents per share, compared with a previous range of 70 cents to 90 cents.

Raising the low-end of its outlook by a nickel was not enough for Wall Street, which had hoped EA would post a stellar second-half of the year. Some analysts are expecting full year EPS to be as high as $1.13 per share, according to Thomson-Reuters I/B/E/S.

"People were expecting a bit more and wondering what is happening in the ongoing quarter, so they are taking the stock down," said Sterne Agee analyst Arvind Bhatia.

For the full-year, the company now expects revenue of $4.050 billion to $4.20 billion, ahead of analysts' expectations of $4.1 billion.

The company's finance chief Eric Brown said in an interview the company is raising its earnings outlook on the strength of digital revenue, which comes from online games that can be played on PCs such as "Star Wars.

"We're quite confident that we're going to easily clear $1 billion in overall digital revenue in our full fiscal year 2012," Brown said."

Brown said "hundreds of thousands" of people have pre-ordered "Star Wars," the online game that EA hopes will rival Activision Blizzard's "World of Warcraft," which has more than 12 million subscribers. EA is said to be spending more than $100 million to develop "Star Wars." The game comes out on December 20.

EA, like many video games companies, is starting to offer a wide range of games played over the Internet and on Facebook, to compete with upstarts such as Zynga, which develops simple, casual games.

The company wants to sell more digital content to consumers because it has higher margins than selling games to consumers on discs and does not have to give a cut to brick and mortar stores such as GameStop Corp (GME.N).

EA said on Thursday that six million customers have downloaded the digital platform it unveiled earlier this year, where users can download full-PC games directly from EA. Gamers will be able to download the Star Wars game over that system.

Brown, the CFO, also said EA's highly anticipated shooter game, "Battlefield 3," which came out earlier this week, "is meeting expectations."

"We think the title will do well, not just in the launch week, but into the holiday season and into next year as well," he said.

EA's aim is to gradually chip away at Activision Blizzard Inc's (ATVI.O) "Call of Duty" series and gain enough momentum to take the crown back from its rival in the next few years.

In the quarter ended September 30, the second-largest U.S. video game publisher's adjusted revenue rose 17 percent to $1.03 billion, which beat analysts' expectations for $966.56 million.

The main drivers were sales of EA's sports games such as "FIFA 12" and "Madden NFL 12," which were up 20 percent from a year earlier.

Taking into account the deferral of digital revenue from online games, EA's adjusted earnings per share was 5 cents per share, which breezed past Wall Street's expectations of a loss of 4 cents per share.

EA shares were trading more than 4 percent lower at $23.30 in after-hours trading.

(Corrects analysts' expectations for adjusted revenue to $966.56 million, not billion, fourth paragraph from end)

(Reporting by Liana B. Baker; editing by Richard Chang and Andre Grenon)

Source: http://us.rd.yahoo.com/dailynews/rss/videogames/*http%3A//news.yahoo.com/s/nm/20111028/tc_nm/us_electronicarts

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শনিবার, ২৯ অক্টোবর, ২০১১

Medicare 2012 premium hike smaller than feared (Reuters)

WASHINGTON (Reuters) ? Most elderly Americans covered by the government's Medicare insurance program will see a smaller-than-expected rise in their monthly premiums next year, health officials said on Thursday.

Standard premiums for Medicare Part B, which covers doctor visits, outpatient services and some home healthcare, will be $99.90. For most Part B beneficiaries, that means paying just $3.50 a month more, compared to the $10.20 that was expected.

The annual Part B deductible will decrease by $22 to $140, U.S. Department of Health and Human Services officials said.

For newer and higher-income Medicare enrollees, the new standard premium represents a drop of $15.50 a month from $115.50 a month they have been paying in 2011.

A majority of Part B beneficiaries have had their premiums frozen since 2008 at $96.40 a month because the federal government-run Social Security retirement plan made no cost of living adjustments (COLA). A special provision links Part B payments with the checks from which they usually get deducted.

Last week, U.S. seniors found out their COLA checks will see a 3.6 percent bump in 2012, and many worried that the awaited increase would get gobbled right up by an expected Medicare premium hike.

Instead, the return of COLA payments means the new Part B costs are again spread among all Medicare members, not just newer and higher-income beneficiaries.

"More people are sharing in the smaller-than-expected increases in costs," said Dr. Don Berwick, the Centers for Medicare and Medicaid Services administrator, who said the healthcare reform passed last year also helped limit costs.

The surprisingly modest premium increase announced on Thursday could lift some pressure from President Barack Obama and fellow Democrats in Congress as they seek to win over U.S. seniors ahead of the 2012 election.

"Millions of America's seniors are struggling with higher expenses ... and this small increase is welcome news," AARP legislative policy director David Certner said in a statement.

AARP, the leading lobby group for American seniors, still fears deep cuts to Medicare and Social Security may emerge from a Congressional "super committee" tasked with finding ways to cut U.S. debt.

Some 44 million Americans were enrolled in Medicare Part B in 2010 when the program's benefits spending reached almost $210 billion, according to the 2011 Medicare Trustees' report. The U.S. government covers about three-quarters of Part B benefits, while the premiums paid by seniors cover the rest.

For an HHS fact sheet on Part B and other Medicare premiums and deductibles, please see http://r.reuters.com/xyz64s

(Editing by Eric Walsh)

Source: http://us.rd.yahoo.com/dailynews/rss/seniors/*http%3A//news.yahoo.com/s/nm/20111027/hl_nm/us_usa_health_medicare

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Here's the Stun Grenade Police Tossed at Oakland Protestors [Video]

Americans are occupying more than Wall Street, and some cops are clamping down way harder than those in Manhattan. In Oakland, riot police attacked with tear gas, rubber bullets, and, most vividly—flash bangs. Meet the M84 stun grenade. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/Z2-xN0oFJS4/heres-the-stun-grenade-police-tossed-at-oakland-protestors

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বৃহস্পতিবার, ২৭ অক্টোবর, ২০১১

Google Gives Chrome Web Store A Welcome New Lick Of Paint

chrome web storeLooks like Google this morning rolled out a brand new design for its Chrome Web Store, and it's a major improvement. The updated Web app marketplace, first released in December 2010, is all about the apps, boasting large square with attractive app visuals.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/wletxx_v3e8/

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Libyans bury Gadhafi in unmarked grave (AP)

MISRATA, Libya ? Moammar Gadhafi was buried early Tuesday morning in an unmarked grave in a modest Islamic ceremony, closing the book on his nearly 42-year rule of Libya and the eight-month civil war to oust him.

A Gadhafi nephew read a prayer for the dead before Gadhafi's body ? along with those of his son Muatassim and former defense minister Abu Bakr Younis ? were handed over for burial, said Ibrahim Beitalmal, a spokesman for the military council in the port city of Misrata.

The bodies had been kept in cold storage in Misrata for four days before being taken under cover of darkness to the burial site, which Beitalmal said was "not far" from the city. As part of the ceremony, the bodies were washed in line with Islamic tradition. A Muslim cleric, a nephew of Gadhafi and sons of Abu Bakr then recited prayers before handing the bodies over for burial, which took place at 5 a.m.

Libya's new leaders have said they would not reveal the location of the grave, fearing it could be vandalized or turned into a shrine for the former dictator's die-hard supporters.

Gadhafi was captured alive on Thursday as he tried to flee his hometown of Sirte, where he had been hiding since revolutionary forces swept into the capital, Tripoli, two months earlier.

He died later that day in unclear circumstances, and Libyan leaders have promised an investigation in response to international pressure to look into Gadhafi's death. Video has emerged showing Gadhafi being beaten and abused by a mob after his capture, and researchers for the New York-based Human Rights Watch have said there are strong indications he was killed in custody.

Human rights activists have warned that the new Libya could get off on the wrong foot if vigilante justice is condoned. However, many Libyans appeared relieved that Gadhafi is dead, saying a long trial for the former dictator would have been disruptive and made it harder on the country to get a fresh start. Earlier this week, interim leader Mustafa Abdul-Jalil formally declared an end to the civil war, starting the clock on what is to be a two-year transition to democracy.

The bodies of Gadhafi, Muatassim and Younis had been kept in a refrigerated produce locker in a warehouse area of Misrata for the past four days. Hundreds lined up every day to view the corpses, some coming from hundreds of miles away. Visitors donned surgical masks, and at times guards arranged separate lines for men and women.

Misrata suffered immensely during the war. It was besieged for nearly two month this spring by Gadhafi forces, who shelled the city indiscriminately before being pushed out in fierce street fighting. Gadhafi was captured by fighters from Misrata, who brought him back to the city as a trophy.

International organizations asking to see the burial site would be given access, Beitalmal said.

Over the weekend, Libya's chief pathologist, Dr. Othman el-Zentani, performed autopsies on the three bodies and also took DNA samples to confirm their identities. El-Zentani has said Gadhafi died from a shot to the head, and said the full report would be released later this week, after he presents his findings to the attorney general.

Gadhafi and Muatassim had been wounded before capture, but an investigation is to determine whether they were subsequently executed. Government officials have suggested Gadhafi was killed in crossfire.

Tirana Hassan, a researcher for Human Rights Watch, said she spoke Monday to a 30-year-old Sirte resident who had traveled in the convoy that tried to smuggle Gadhafi out of Sirte.

Hassan quoted the woman as saying that Gadhafi did not sustain serious injuries during the NATO strike on the convoy.

The woman said the former Libyan leader and members of his entourage left their vehicle after the attack and took cover for about three hours in an abandoned building. Gadhafi then left the hideout with a small group on foot, and they were captured a short while later, Hassan quoted the woman as saying.

The woman, who had volunteered at a field clinic in Sirte treating wounded Gadhafi loyalists, was released by the revolutionary forces and has returned to Sirte, Hassan said.

The Libyan uprising that began in mid-February and quickly turned into civil war has decimated the Gadhafi family.

His wife, Safiya, fled to Algeria with their daughter and one son, while another son fled to Niger. At least other three sons ? Muatassim, Seif al-Arab and Khamis ? have been killed. Another son, former heir apparent Seif al-Islam, remains at large.

A high-ranking Tuareg official in Niger said Tuesday that Seif al-Islam, who is wanted by the International Criminal Court, is headed for Niger with the help of ethnic Tuaregs, a tribe that was among Gadhafi's strongest supporters.

Also Tuesday, Bani, a revolutionary spokesman, said an explosion rocked a fuel depot near Sirte a day earlier and that there were casualties. Bani said the blast is being treated as an accident, but that an investigation has been opened.

Hassan, the Human Rights Watch researcher, said that while in Sirte on Monday, said she saw 11 people with severe burns arrive at the city's Ibn Sina hospital. Nurses said the injuries were from the blast.

___

Associated Press writer Maggie Michael contributed to this report from Cairo.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111025/ap_on_re_mi_ea/ml_libya

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বুধবার, ২৬ অক্টোবর, ২০১১

Art installation evokes nostalgia for Tibetan home (AP)

DHARMSALA, India ? An art installation created with tons of soil from Tibet has touched a deep emotional chord among thousands of Tibetan exiles in India.

Hundreds lined up Wednesday to walk over the nearly 20 tons of soil from Tibet that contemporary artist Tenzing Rigdol spread on a stage on a basketball court in northern India.

Rigdol says his method for getting the soil to the town of Dharmsala will be revealed in a documentary in a few months.

The Dalai Lama and the new prime minister in exile have both accepted it as genuine Tibetan soil.

For Tibetans living in exile for more than five decades it has evoked strong nostalgia for a homeland to which they hope to return.

Source: http://us.rd.yahoo.com/dailynews/rss/arts/*http%3A//news.yahoo.com/s/ap/20111026/ap_on_en_ot/as_india_tibetan_soil

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US stock futures rise ahead of reports

In this Oct. 24, 2011 photo, traders work on the floor of the New York Stock Exchange. Stock markets fluctuated on Tuesday as investors cautiously waited for European leaders to unveil a plan to tackle the continent's debt crisis, while corporate earnings were mostly upbeat. (AP Photo/Richard Drew)

In this Oct. 24, 2011 photo, traders work on the floor of the New York Stock Exchange. Stock markets fluctuated on Tuesday as investors cautiously waited for European leaders to unveil a plan to tackle the continent's debt crisis, while corporate earnings were mostly upbeat. (AP Photo/Richard Drew)

NEW YORK (AP) ? U.S. stock futures are rising modestly ahead of reports on consumer confidence, home prices and corporate earnings.

Strong earnings growth has helped the S&P 500 rise 11.6 percent since Oct. 4, and more companies on Tuesday reported gains above analysts' expectations. DuPont, Coach Inc. and U.S. Steel reported stronger results.

Economists expect a report later Tuesday to show that Americans' confidence in the economy is still weak. Consumer confidence is near where it was in the spring of 2009. But retail sales still grew in September at their strongest pace in seven months.

About 90 minutes ahead of the opening of trading, Dow Jones industrial average futures are up 21, or 0.2 percent, to 11,846. S&P 500 futures are up 4.20, or 0.3 percent, to 1,251.30. Nasdaq 100 futures are up 7.25, or 0.3 percent, to 2,382.

Associated Press

Source: http://hosted2.ap.org/apdefault/f70471f764144b2fab526d39972d37b3/Article_2011-10-25-Wall%20Street/id-79921460ec8f4c90b6ba9d7f151b8e5d

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মঙ্গলবার, ২৫ অক্টোবর, ২০১১

Napoli, Rangers move 1 win from World Series crown (AP)

ARLINGTON, Texas ? A long drive by Mike Napoli, a lucky bounce near the mound and suddenly the Texas Rangers were on the brink of their first World Series championship.

Napoli delivered the biggest hit of his charmed season, lining a tiebreaking two-run double in the eighth inning that sent the Rangers past the St. Louis Cardinals 4-2 on Monday night for a 3-2 edge.

The slugging catcher then capped off his night of double duty, throwing out a would-be base stealer in the ninth as Albert Pujols struck out.

"Pujols is going to put it in play, he's a good contact hitter," Napoli said, "and they were just starting the runner, 3-2. As soon as I got it, I just got rid of it and put it on the bag."

Texas will try to wrap it up in Game 6 on Wednesday night in St. Louis.

If the Rangers eventually do win that elusive crown, the Texas fans who stood and chanted Napoli's name may forever remember his two-run hit.

"Just trying to get something to the outfield, you know, get a sac fly, get that run across the board," Napoli said. "I was trying to stay short and I got a pitch I could handle over the middle of the plate and put it in the gap."

If the Cardinals lose, there's no doubt which play will stick with manager Tony La Russa for a long, long time.

It was 2-all when Texas put runners on first and second with one out in the eighth, and reliever Marc Rzepczynski was summoned. David Murphy followed with a bouncer back to the mound, a possible inning-ending double play in the making.

But the ball appeared to glance off Rzepczynski's knee and trickled harmlessly away for a single that loaded the bases. In the dugout, La Russa immediately threw his hands to his head, a true "Oh, no!" moment.

La Russa elected to let his lefty stay in to face the right-handed Napoli, and it didn't work.

Napoli, who came close to a three-run homer in his previous at-bat, sent a drive up the alley against the pitcher with the nickname "Scrabble." The double off Rzepczynski sure spelled good things for Texas, with excitable manager Ron Washington waving the runners around from the dugout.

Darren Oliver earned the win and Neftali Feliz closed for his second save of the Series and sixth of the postseason.

After a travel day, the Series will resume at Busch Stadium with Colby Lewis facing Cardinals lefty Jaime Garcia. The weather forecast in St. Louis is daunting, calling for rain and temperatures around 50.

Adrian Beltre and Mitch Moreland hit solo home runs off Cardinals ace Chris Carpenter, helping Texas come back from an early 2-0 deficit.

Later, it became a battle of the bullpens and Texas prevailed.

Octavio Dotel gave up a leadoff double to Michael Young in the eighth, struck out Beltre and intentionally walked Nelson Cruz. That left it up to Rzepczynski, and the game quickly slipped away.

La Russa appeared stunned by the turnaround. Later in the eighth, he brought in reliever Lance Lynn and had him issue an intentional walk to the only batter he faced. Jason Motte eventually ended the inning, but it was too late.

Fittingly, Napoli had a role in the final play. Lance Berkman struck out and the ball hit Napoli's shin guard and trickled up the first base line, where the catcher picked it up and tossed to first base to end the game.

Pujols drew three intentional walks, including a pass with two outs and none on in the seventh. The St. Louis slugger then nearly used his legs to put his team ahead.

Pujols was running hard on a 3-2 pitch that Matt Holliday hit for a single to left-center. Pujols chugged around the bags and third base coach Jose Oquendo initially waved him home, only to put up a late stop sign.

Would Pujols have been safe on shortstop Elvis Andrus' wide throw to the plate? Maybe. But it became moot when Lance Berkman was intentionally walked to load the bases and David Freese flied out against Alexi Ogando.

Beltre's homer made it 2-all with two outs in the sixth. He dropped to one knee after following through on a meaty cut. He connected on a big curve from Carpenter, who had easily handled Josh Hamilton and Young to start the inning.

Beltre's other homers this October came in a bunch. He hit three in a first-round playoff game at Tampa Bay.

Napoli almost gave Texas a cushion later in the inning. With the crowd standing and chanting his name as "Nap-Oh-Lee" flashed on the scoreboard, the catcher's bid for a three-run homer was caught on the warning track in right-center field, just shy of the 407-foot mark.

The homer let Wilson avoid becoming the first pitcher to lose four times in a single postseason. The eccentric lefty who alternates red and blue gloves between starts had another uneven outing, working around five walks.

Wilson walked six while losing Game 1 to Carpenter and the Cardinals.

Moreland atoned for some glove woes with a home run in the third, hitting a drive halfway up the second deck in right field.

The Cardinals scored twice in the second, cashing in two leadoff walks sandwiched around a wild pitch.

Yadier Molina notched his fifth RBI of the Series with a single that left fielder Murphy overran and fumbled for an error. Skip Schumaker followed with an RBI grounder to first that Moreland boxed around, preventing any chance at a double play.

Murphy made a diving catch to end the inning, denying Nick Punto a run-scoring hit. Punto carried his bat all the way to first base and tried to break the wood by bending it over his right thigh.

Already ahead 2-0, the Cards threatened in the third after Wilson slipped coming off the mound trying to field Rafael Furcal's leadoff bunt and made a poor, backhanded flip that skittered past Moreland. But with runners at the corners, Wilson got Holliday to bounce into a quick double play. Not so surprising, really ? Wilson induced the most DP grounders in the majors this year while St. Louis hit into an NL-record 169 double plays.

Holliday flied out with the bases loaded, after an intentional walk to Pujols, to finish the fifth.

NOTES: Playing on his 34th birthday, Furcal led off the game with a liner that 3B Beltre backhanded. Furcal started Game 4 the same way. ... Wilson matched the postseason record for walks ? 19 ? set by Cleveland's Jaret Wright in 1997. Wilson's 11 walks in the World Series are the most since Allie Reynolds in 1951. ... Pujols flied out on a 3-0 pitch to end the first. He swung at 15 of 37 pitches on 3-0 counts this season, going 4 for 8 on the balls he put in play. ... Cardinals reliever Arthur Rhodes turned 42. He's the oldest player to celebrate a birthday while playing in the Series. Jim Palmer was 38 in 1983.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111025/ap_on_sp_ba_ga_su/bbo_world_series

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সোমবার, ২৪ অক্টোবর, ২০১১

Document: Cadaver dog 'hit' at missing baby's home (AP)

KANSAS CITY, Mo. ? An FBI cadaver dog reacted to the scent of a dead person inside the Kansas City home where a baby girl disappeared nearly three weeks ago, and investigators discovered soil in the backyard that had been "recently disturbed or overturned," police said in a court document released Friday.

The affidavit, filed earlier this week in support of a search warrant targeting the family's home, also stated that the girl's mother, Deborah Bradley, "made the statement she did not initially look for her baby behind the house because she `was afraid of what she might find.'"

Those details and others in the affidavit, publicly released for the first time Friday, led to a daylong search Wednesday of the family's home, where the parents say then-10-month-old Lisa Irwin must have been snatched in the middle of the night as the mother and two other boys slept. Bradley and the baby's father, Jeremy Irwin, reported the girl missing on Oct. 4 and have denied any role in the disappearance while insisting police have pointed the finger at them.

The affidavit stated that an FBI cadaver dog taken into the house Monday indicated a "positive `hit' for the scent of a deceased human in an area of the floor of Bradley's bedroom near the bed."

The FBI dogs, which often are used at both disaster and crime scenes, are trained "specially to recognize the scent of decaying, decomposing human flesh," retired FBI special agent Jeff Lanza said Friday.

"That can be the scent of an actual body decomposing, or residual scents after the body is no longer there," Lanza said.

Dr. Edward David, a deputy chief medical examiner for the state of Maine and co-author of the "Cadavar Dog Handbook," said that when a body is left in one spot for several hours, cells are left behind. They continue to decompose and create an odor, giving the dog scents to detect.

He said that while trained dogs may fail to detect the smell of human decomposition about 30 percent of the time, they generally don't alert when nothing is there. One exception is when human waste is present.

The court document also indicated police felt they needed handheld digging tools after an investigator noticed dirt in a garden area behind the home appeared to have been "recently disturbed or overturned." During Wednesday's search, investigators could be seen digging behind a shed in the backyard.

Among other revelations in the affidavit:

_Officers searched all rooms in the house and the basement after being called to the home Oct. 4. Officers sought evidence but because the parents said the baby had been abducted, the only areas extensively processed for DNA and fingerprints were the baby's bedroom and possible entry points.

_The parents had told police that three cell phones were missing. The affidavit said a phone had since been found in a desk drawer, but that phone wasn't one of those reported missing. The missing phones haven't been found.

_Interviews with people involved in the case revealed "conflicting information for clear direction in the investigation."

Another document released Friday revealed some of what police recovered from the home during Wednesday's search: a comforter and blanket, some clothes, rolls of tape and a tape dispenser.

The family's local lawyer, Cynthia Short, did not immediately return a phone call seeking comment on the documents, and police declined to discuss what they found.

But before the affidavit was released, a statement issued by Short's office insisted the parents had no role in the disappearance and disputed claims that the parents aren't cooperating with police. The statement said the parents have consented to "unfettered access" to their property and allowed police to take hair and other samples.

"They have taken all calls from detectives, and answered questions posed again and again," the statement read. "In the initial hours of the investigation, they tolerated accusations, volunteered to take polygraph examinations; continued to work with detectives even after the interviews turned into pointed accusations."

___

Associated Press writer Dana Fields contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111022/ap_on_re_us/us_kansas_city_baby_missing

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রবিবার, ২৩ অক্টোবর, ২০১১

M83 : Midnight City [Video]

I've daydreamed about having awesome telekinetic superpowers since I first watched Akira—you know, without the whole gigantic exploding Human Blob thing at the end of course. This new video from M83 seems to have tapped directly into my imagination. Simply awesome. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/5fDKLW6R498/m83--midnight-city

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Bard College professors attack Occupy Wall Street

I am in the habit of listening to AM radio at work, including WABC. This is the station that is home to Rush Limbaugh and other ultrarightists. Last Wednesday when listening to Sean Hannity fulminate against Occupy Wall Street, I was startled to hear him reading from a blog post by Walter Russell Mead, the Bard College James Chace Professor of Foreign Affairs and Humanities.

Walter Russell Mead

Mead, a tireless campaigner for the foreign policy needs of the one percent, is also the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy at the Council on Foreign Relation. My understanding is that in order to be awarded this chair, you have to piss on a homeless person while he or she is asleep.

In 2003 Mead wrote an op-ed piece in the Washington Post backing the invasion of Iraq. Unlike other inside-the-beltway pundits, Mead never did a mea culpa as fellow Council of Foreign Relations one-percenter Leslie Gelb just did in the Wall Street Journal, blaming his mistake on ?careerism?. Seven years after his initial support for Bush?s war, Mead still urged staying the course. This is clearly a man who is career-oriented as most of Leon Botstein?s hires are.

Mead is the editor of a magazine called American Interest (what else would you expect?) that has an editorial outlook quite similar to The New Republic, that is to say a toxic brew of Democratic Leadership Council positions, including a my country right or wrong support for Israel and hatred for trade unions and what?s left of the welfare state.

Blogging there as Via Meadia, Mead has been heaping all sorts of abuse on Occupy Wall Street. His first dispatch is dated October 13 and contains the observation that ?Drums and granola in the park is not news? as part of an attempt to write the occupation off as some kind of hippie sideshow.?This of course was before the movement became a model for occupations all over the world and a genuine threat to the one-percenters whose interests the yapping lapdog Mead defends.

Five days later Mead wrote another hostile article. Titled ?The Vain And Empty Rituals Of Protest On The Streets?, it once again minimized the importance of the occupation:

In a mass democracy where everyone has a vote, and normal peaceful demonstrations carry no professional cost or personal stigma, if 100,000 people gather in Central Park for a protest rally it means that about 8,000,000 New Yorkers chose not to attend.? It is not really news and it doesn?t mean much about where the city is headed.

A day before Mead wrote these words, a Quinnipiac poll revealed that sixty-seven percent of all New Yorkers supported the OWS goals, a clear indication of where the city is headed despite the James Chace Professor?s snotty remark.

Mead also described the occupiers as ?scruffy students? and ?angry loners?, in other words just like many of the very people he is paid to teach at Bard College. Fortunately, the Bard College contingent at Zuccotti Park chose to ignore the Henry Kissinger Chair at the Council of Foreign Relations and join other students outraged by the rape of America by hedge fund managers and the like?the very kinds of people who sit on the Bard College board of trustees.

Still obsessed with the dirty hippies, Mead let them have it yesterday with both barrels one last time. This time he was all worked up over a proposal to extend a tax surcharge for New York state residents making over a million dollars that was opposed by Governor Cuomo, a tool of Wall Street as some of us 99-percenters would say. By way of comparison, the latest issue of American Interest has an article in support of replacing a graduated income tax with a Value Added Tax (VAT), something closely related to a sales tax and regarded by many liberals as regressive.

Mead was particularly annoyed with the NY Times editors who stated:

But the Occupy Wall Street movement and the spreading protests it has inspired ? scores of people gathered at the Capitol on Saturday, and an occupation is planned in Albany beginning at noon Friday ? have reinvigorated lawmakers, organized labor and community groups that advocate for the tax?s extension.

He let the grey lady have it:

Note the deep wishful thinking about OWS.? When a proposal with massive trade union backing can rally only ?a few scores? of demonstrators to the union-worker rich state capital, this is not a sign of a political groundswell.? It is just the opposite: a sign of advanced arteriosclerosis and apathy.? Turning out crowds for demonstrations is one of those things that unions do; that they haven?t bothered with more than token crowds is a sign of the weakness of the OWS brand, not, as the Times coverage glibly suggests, its strength. And to suggest that the hacks and timeserving careerists who run the state government lobby groups for powerful vested interests were ?inspired? by these protests into actions they weren?t already planning is delusional.? The fight over this tax extension is a central piece of the legislative strategy of the union lobby, and there is no doubt that the lobby would be making a powerful push ? OWS or none, tiny demo in Albany or not.

If the movement became qualitatively larger and more influential, Mead?s litany of complaints about OWS would continue. His problem is not that the occupiers are small in number and irrelevant but that they exist. If Mead had a shred of honesty, he would be writing this kind of post:

Look, hardly a member of the right wing conspiracy, the ?Liberal? magazine New York did a poll, 34 percent of those ?Occupy Wall Street? lunatics are actually convinced the U.S. government is no better than al Qaeda.

And 37 percent say capitalism can?t be saved, it?s inherently immoral. They don?t seem to be telling that side of the story. They think it?s unfair when we?ve actually look at the signs that are being held up there, which are extraordinarily bizarre.

How long does this go on? What is the point in all of this? Do you believe in freedom or in confiscating what other people have? They want to empower their government to confiscate other peoples? wealth and give it to them. The White House is feeding off of this protest. They?re hoping it becomes the moral equivalent of the Tea Party Movement. What would Rudy Giuliani be doing right now? I doubt he?d be allowing this to go on any further than this.

?Sean Hannity, Fox TV

Roger Berkowitz

While Walter Russell Mead makes few if any pretensions to liberalism, his fellow Professor at Bard College Roger Berkowitz offers a muddle-headed defense of OWS that on balance betrays hostility toward the movement in the ?damning with faint praise? vein. Berkowitz runs the Hannah Arendt Center for Politics and Humanities at Bard College, just one of a host of training centers there designed to turn out the Samantha Powers of the next generation. I first got wind of Berkowitz last year when I stumbled across an article he had written describing undocumented workers as those who ?enter this country illegally undermine our system of taxation, reduce the wages for working Americans, and contribute to a culture of corruption and lawlessness?. Wow, that?s a mouthful from someone speaking in the name of Hannah Arendt but then again in a 1956 article on the desegregation of Little Rock schools she had this to say: ?It has been said, I think again by Mr. Faulkner, that enforced integration is no better than enforced segregation and this is perfectly true.? When asked by Harper Magazine?s Scott Horton to explain this racist article, Berkowitz replied: ?What Arendt defends in the Little Rock essay is a vibrant right to privacy as a space where one can be truly unique and different in ways?? God help Bard College students paying $52,560 per year (11th highest in the country) to be miseducated by such a fool.

Berkowitz first weighed in on OWS on October 5th in an article titled ?Don?t be Afraid to Say Revolution?? Although happy about the protest, he frets that ?One of the ugly aspects of the Occupy Wall Street movement is the indiscriminate anger at all wealthy people, as if being wealthy were wrong.? What a stupid notion. If there is anything that has been made clear down there it is that the resentment is directed at plutocracy, not at rich people per se.

Yesterday in an article that appeared in Michael Tomasky?s ?Democracy: a Journal of Ideas?, a kind of upscale version of the pro-Democratic Party babble heard nightly on MSNBC, Berkowitz characterized OWS as ?anti-political?. He also repeated the charge that the movement harbored racist tendencies based on the evidence of Atlanta protesters refusing to allow Congressman John Lewis to speak. This is a talking point of the Ann Coulters of the world, it should be understood. It couldn?t possibly occur to Berkowitz that the hostility to the two-party system might have something to do with Lewis being turned down (he spoke later in the day.)

Berkowitz also found himself getting ?goose bumps? over the human megaphone used by the crowds at these protests, but not the ?good kind?. In his eyes they must evoke Berlin in 1928 or something. One day it is a ?mic check?, the next it is breaking the windows of Jewish shopkeepers or something, one supposes.

Mostly what annoys Berkowitz is the refusal of OWS to become political:

To reject leadership, to refuse to govern, to insist simply on talking and debating is not to be political, but is to announce one?s rejection of politics. To engage in politics one must not only rebel and tear down, but one must also found new institutions and build up. It is precisely the concern with foundation?the desire to build responsible institutions with power that would check and other powers and thus guarantee both political power and liberty?that Arendt understood to be the genius of the American Revolution. And it is precisely this political desire to found power that Occupy Wall Street protesters lack.

I for one hope that OWS continues to reject politics of the kind that John Lewis and Michael Tomasky represent. The single most important contribution these young people have made, including a sizable contingent from Bard College apparently, is a loud and clear challenge to the right of the one percent to control political life in the United States and elsewhere.

In my email exchange with him last year, I brought up the names of a number of Bard trustees who certainly fit the description of ?one percenters?, all of whom he regarded as ?respected people?.

It is difficult to figure out which one of them has abused democracy the worst. Is it Bruce Ratner who used political connections to get the green light for an abysmal development project in downtown Brooklyn and who secretly funded Astroturf ?civil rights? groups to back Ratner?s ambitions?

Or is it Stewart Resnick who uses his connections to the Democratic Party in California to divert precious water resources to his pistachio nut and pomegranate plantations, leaving ordinary citizens without clean drinking water and toilets that will not flush? One wonders if this muddle-headed liberal would be so willing to defend the Stewart Resnicks of the world if it was his drinking water that was coming out of the faucet the color of tobacco juice.

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Source: http://louisproyect.wordpress.com/2011/10/22/bard-college-professors-attack-occupy-wall-street

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শুক্রবার, ২১ অক্টোবর, ২০১১

The Gadhafi death images: Too graphic? (The Week)

New York ? The media made a grisly video of the Libyan leader's last moments widely available. Was it necessary to tell the story?

Major news outlets are defending their decision to show gruesome images of a bloodied Moammar Gadhafi being beaten, and then, apparently dead, dragged through the street on Thursday. CNN said its policy is to use graphic clips "sparingly," and in this case it wanted to "make the editorial point that Gadhafi appears dead." NBC News said it was trying to provide the "most accurate reports possible without crossing a line into offensive or unnecessarily graphic material." Was the disturbing video ? shot by a rebel with his cellphone ? really essential to telling the story?

The images were too graphic ? they distorted the facts: "It's good to show the reality of war," says Steven Baxter at New Statesman, "but there's something unsettling about our delight in graphic pictures of the dead dictator." No matter how vile a man Gadhafi was, "there's something primeval almost, something rather unsettling, about the trophy-like nature of Gaddafi's corpse." The editors who aired the videos, and the viewers who watched, might be "delighting in the grisly episode a little too much."
"Col. Gadhafi, the trophy corpse"
?
The images are facts and, therefore, part of the story: The journalist's job is "not to determine what people should and should not feel," says James Poniewozik at TIME. "It is to get at the truth of what actually happened in an event." And these video images "are at least part of the chain of evidence."
"Did you need to see Gadhafi's corpse?"

In the internet era, news outlets have no choice: Journalists once had to find a balance between "showing the truth and trying not to repulse" their audience, says Kelly McBride of the Poynter Institute, a journalism think tank, as quoted by the Houston Chronicle. But in the internet age the images are going to get out, so not showing them could "make you irrelevant as a news organization." The trick now is to air explicit video without "exploiting or sensationalizing" it.
"Graphic Gadhafi images highlight changed news era"

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Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20111021/cm_theweek/220599

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Toshiba Satellite P755-S5390


Sometimes all you need is a computer that can get things done. That description definitely applies to the Toshiba Satellite P755-S5390 ($799.99 list at Staples), a good-size laptop with an eye-catching design and some forward-thinking hardware that propels it to success at almost any everyday task you can throw at it short of gaming. Its battery life leaves something to be desired, but aside from that it?s a surprisingly powerful and well-rounded system that just narrowly misses out on the top tier of mainstream models.

Design
Weighing 5.6 pounds and measuring 1.1 by 13.4 by 9 inches (HWD), the P755-S5390 is about average in terms of portability. Toshiba calls the color of its plastic chassis ?Platinum,? but we call that optimistic: Think of it as a shiny dark gray with a raised and textured horizontal pattern (which Toshiba also dubs its Fusion X2 Finish) gracing the lid and palm rest; the striping extends to the keyboard deck and the touch pad, too, though they look much darker and more matte in style. Also on the lid you?ll find a silvery Toshiba logo; extending around edge of the lid and the inside of the laptop is a smooth and shiny border. The bezel surrounding the 15.6-inch widescreen 1,366-by-768 display (in which there is, of course, a webcam) and the chiclet-style keys are regular black, with the latter bearing subdued light-gray printing rather than a blaring white.

You do get that color, however, when you turn on the laptop. You'll see it in the system power and activity lights, a strip on the touch pad, and the Satellite logo on the lower-left corner. It's also prominent in the row of media-control and other laptop-function keys located near the display hinge: one starts the Toshiba eco Utility, one toggles the wireless on and off, one plays or pauses your media, one mutes the sound, and a strip lets you adjust the volume).

A nice addition to the keyboard is a full-size number pad; the space bar, alas, is unusually short and squat in design, which can occasionally make it difficult to press. Located above the touch pad is a button that deactivates it, and the mouse buttons are located below; they?re soft and only moderately clicky, but as part of the design scheme they?re coated with the same material as the slick outside border of the laptop, which can make your fingers slide across them.

Features
The Intel Core i7-2670QM processor in the P755-S5390 is an especially robust chip: It has four processing cores that can divide into eight threads by way of Intel?s Hyper-Threading technology, and it has a standard clock speed of 2.2GHz that can rise to as much as 3.1GHz when Turbo Boost is activated. As a member of Intel?s second-generation Core (aka ?Sandy Bridge?) family, this CPU also gives you access to that line?s full swath of features, including Quick Sync Video (for accelerated media format conversions) and Wireless Display 2.0 (for streaming content to your HDTV if you own?a Netgear Push2TV adapter).

Rounding out the components are 6GB of DDR3 RAM that?s upgradable to 8GB; a 640GB hard drive; 802.11b/g/n wireless networking; and built-in Harman Kardon stereo speakers. On the left edge of the system you?ll find VGA and HDMI ports for outputting video to an external display, an Ethernet jack, and two USB ports: one 2.0 and one the faster 3.0. A multiformat card reader is positioned at the very center of the laptop?s front edge; on the right edge are the headphone and microphone jacks, two USB 2.0 ports, and the DVD burner.

Preinstalled on the hard drive are the Windows 7 Home Premium operating system, and some additional software items you may or may not find useful: Windows Live Essentials, a 30-day trial of Norton Internet Security 2012, Microsoft Office Starter 2010, Skype, and the expected swath of Toshiba tools and utilities.

Customers who buy this system from Staples can avail themselves of several services the retailer offers. This includes setting the new system up, data transfer from your old PC to your new one, software installation, and tech support and protection plans that range in price from $14.99 to $169.99.

Performance
Toshiba Satellite P755-S5390The P755-S5390 is a bit difficult to categorize in terms of performance. Though the laptop?s price places it squarely in the mainstream category, its processor is a fair sight better than what we usually see in this class?but the system lacks the robust rounder edges we?d usually use to identify a desktop replacement laptop. So compared with other midrange systems, the P755-S5390 comes out on top in all cases, even against our Editors? Choice Asus U46E-BAL5 ($699.99 list, 4.5 stars)?and the more gaming-oriented, Sandy Bridge version of the HP Envy 14 ($1,079.99 direct, 4 stars). It nabbed a straight 2,400 in our PCMark 7 overall performance test, whereas the Asus U46E-BAL5 reached only 2,215; the P755-S5390?s times of 1 minute 31 seconds in Handbrake and 3:39 in Adobe Photoshop CS5, and its score of 5.35 in CineBench R11.5, were markedly better than what we saw from any other similar system we tested.

Even more disappointing were its gaming capabilities. The P755-S5390 could never get above (or even close to) our 30-frames-per-second (fps) threshold for smooth playability; it cracked into the very low 20fps on both our Crysis and Lost Planet 2 tests (at 1,024-by-768 resolution, with medium details), but no higher. In both cases, these numbers were better than those of the Asus U46E-BAL5, but the HP Envy 14 did much better in Crysis (45.5fps) and in our 3DMark 06 video benchmark test (7,751 versus 4,992 for the P755-S5390 at 1,024 by 768; and 6,509 versus 4,139 at the systems? native resolutions).

Battery life, on the other hand, was far from the P755-S5390?s strong suit. Loaded with its standard 48Wh battery, it only lasted 4 hours 11 minutes during our MobileMark 2007 battery-rundown test?more than an hour shorter than what you get with the HP Envy (5:15) and less than half what the Samsung QX411-W01 can deliver (a stunning 8:48). Even looked at against desktop replacement systems it?s a poor showing?the lowest amount of life among them comes from the most recent 15-inch Apple MacBook Pro ($2,199.99 direct, 4 stars)?and even that ekes out 4:40.

Unlike our Editors? Choice, the Asus U46E-BAL5, the Toshiba Satellite P755-S5390 isn?t intricately appointed in every area: You won?t find on it the Asus U46E-BAL5?s larger hard drive, more RAM, WiMAX, remarkable longevity when not plugged in, or lower price. So we have to let the Asus U46E-BAL5 retain its edge, despite the P755-S5390?s superior performance on all our productivity tests. Even so, the P755-S5390 stands out from the mainstream crowd and is absolutely worth considering if you have a lot of work to do?and quickly.

BENCHMARK TEST RESULTS

More laptop reviews:
??? Asus U56E-BBL6
??? Toshiba Satellite L775D-S7340
??? Dell Inspiron 15R (I15RN-5882DBK)
??? Dell Inspiron 14R (I14RN-1364PBL)
??? Acer Travelmate 8441T-6440
?? more

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/3yXig7LFejM/0,2817,2395003,00.asp

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বৃহস্পতিবার, ২০ অক্টোবর, ২০১১

Morgan Stanley trading business strong (Reuters)

(Reuters) ? Morgan Stanley (MS.N) reported a third-quarter profit and its trading and merger advisory businesses performed better than competitors'.

The bank benefited from a $3.4 billion accounting gain, and its underlying businesses looked strong enough for investors to send its shares up 1.3 percent in premarket trading.

Morgan Stanley's results also reflected cost cuts, a more profitable wealth management business, and what top executives characterized as market-share gains with trading clients.

In an interview, Chief Financial Officer Ruth Porat said the No. 2 U.S. investment bank does not try to hedge its debt valuation adjustment, which accounted for the big accounting gain.

"When you look at credit spreads or CDS and it's inconsistent with the strength we're seeing in our business ... of course it's frustrating," said Porat.

The bank's bonds weakened significantly against U.S. Treasuries during the quarter as investors worried about its exposure to troubled European countries and banks. This allowed the bank to record an accounting gain because it could theoretically profit from buying back debt.

In its earnings report, Morgan Stanley said its gross exposure to Greece, Ireland, Italy, Spain and Portugal was $5.69 billion at September 30, or $2.1 billion including hedges, while the bank's equity, a measure of its net worth as a company, was about $60 billion.

The bank said Its exposure to France at September 30 was $1.53 billion, or a negative $286 million including hedges. A report on the financial blog Zero Hedge on September 22 pegged the bank's exposure to France at $39 billion at the end of 2010, which sparked fears about losses it might incur.

Morgan Stanley reported third-quarter earnings of $2.15 billion, or $1.15 per share, compared with a loss of 7 cents per share a year earlier. Revenue climbed 46 percent to $9.89 billion.

Excluding the DVA gain, it earned 2 cents per share.

Revenue from its trading business more than doubled from a year earlier and climbed 24 percent from the second quarter. The sharp increases reflect the DVA gain.

Its wealth management group reported $3.26 billion in revenue, up 5 percent from a year ago but down from the second quarter.

Asset management revenue of $215 million fell 73 percent from the year-ago period and 67 percent from the second quarter due to paper losses on principal investments in its merchant banking and real estate investing business.

(Reporting by Lauren Tara LaCapra in New York; editing by John Wallace and Dan Wilchins)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111019/bs_nm/us_morganstanley

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PFT: Ravens, Raiders charging up power rankings

HacksawJimDuggan

1.? Packers (No. 1; 6-0):? Brett Favre will be surprised at how long the cork stays in the champagne bottle of the ?72 Dolphins.

2.? Ravens (No. 6; 4-1):? They might be the only team that can beat the Pats in the playoffs, and that can stay within 20 of the Packers in the Super Bowl.

3.? Patriots (No. 5; 5-1):? It?s hard to tell whether the bigger indignity would be to cut Chad Ochocinco, or to keep him and not use him.

4.? 49ers (No. 7; 5-1):? ?Hacksaw? Jim Harbaugh should dispense with the post-game handshake and go with a simple thumb?s up.

5.? Lions (No. 3; 5-1):? If Jim Schwartz ever gets fired by the Lions, Pete Carroll would surely hire him.

6.? Raiders (No. 9; 4-2):? The only thing that would make this story better is an instant impact from Terelle Pryor.

7. Chargers (No. 8; 4-1):? The bye was only a slightly weaker opponent than most of San Diego?s first five foes.

8.? Buccaneers (No. 15; 4-2):? Raheem Morris should get coach of the year votes for getting that 48-3 taste out of his team?s mouth so quickly.

9.? Saints (No. 2; 4-2):? Bill Belichick would list Sean Payton as probable on the injury report.

10.? Giants (No. 13; 4-2):? It was fitting that the rematch of Super Bowl XXV was decided by a field goal.

11.? Steelers (No. 11; 4-2):? With upcoming games in back-to-back weeks against the Patriots and Ravens, we?re about to learn a lot about this team.

12.? Bengals (No. 14; 4-2):? The best team no one is paying attention to needs to beat the Ravens or Steelers before anyone will notice.

13.? Bills (No. 4; 4-2):? If the Bills want to be elite, they need to find a way to beat good teams on the road.

14.? Bears (No. 17; 3-3):? Lovie Smith should shake things up like that every week.

15.? Texans (No. 10; 3-3):? Those three losses will be largely forgotten if they can beat the Titans on Sunday.

16.? Titans (No. 16; 3-2):? Those three victories will be largely forgotten if they can?t beat the Texans on Sunday.

17.? Redskins (No. 12; 3-2):? John Beck won?t need a name tag on his shirt much longer.

18.? Falcons (No. 18; 3-3):? If the Falcons really focus and apply themselves, they can win the privilege of getting blown out at Lambeau Field in the playoffs.

19.? Jets (No. 20; 3-3):? The Jets could have beaten maybe three or four teams last night.? Fortunately, they played one of them.

20.? Cowboys (No. 19; 2-3):? If you aren?t going to trust Tony Romo in the clutch, why is Tony Romo your quarterback?

21.? Eagles (No. 23; 2-4):? A Vince Young interception has been approved by the FDA as treatment for a concussion.

22.? Seahawks (No. 22; 2-3):? The good news?? Tarvaris Jackson could play this weekend.? The bad news?? Tarvaris Jackson could play this weekend.

23.? Panthers (No. 21; 1-5):? The silver lining in this year?s 1-5 record is that the Panthers could ending getting one of the best defensive players in the 2012 draft pool.

24.? Browns (No. 24; 2-3):? At least the Madden Curse is striking in some new and creative ways.

25.? Chiefs (No. 25; 2-3):? Todd Haley likely didn?t attend any concerts during the bye week.

26.? Broncos (No. 27; 1-4):? That sixth-round pick in 2012 will go a long way toward helping Tim Tebow succeed in 2011.

27. Vikings (No. 26; 1-5):? If the Vikings don?t sit down Donovan McNabb soon, maybe the big issue next year at this time will be whether they?ll bench Christian Ponder for Andrew Luck.

28.? Cardinals (No. 28; 1-4):? A visit from the Steelers on Sunday will be a harsh reminder of how far the Cardinals have fallen since Super Bowl XLIII.

29.? Jaguars (No. 29; 1-5):? Moral victories don?t keep coaches from getting fired.

30.? Colts (No. 30; 0-6):? ?Suck for Luck? should be the title of the team?s official 2011 season DVD.

31.? Rams (No. 31; 0-5):? If the Brandon Lloyd trade works out, the Rams perhaps will be 4-12 instead of 2-14.

32. Dolphins (No. 32; 0-5):? Brandon Marshall apparently decided that, instead of being ejected in the second quarter, he?d simply become a non-factor then.

Source: http://profootballtalk.nbcsports.com/2011/10/18/week-six-power-rankings-2/related

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বুধবার, ১৯ অক্টোবর, ২০১১

Jamaica awards Dennis Brown with national honor (AP)

KINGSTON, Jamaica ? Jamaica on Monday awarded the late reggae singer Dennis Brown with one of its highest civic honors, a fitting tribute for a musician who is more beloved than Bob Marley among many Jamaican reggae fans.

Some 12 years after his death, the former child star who became known as the Crown Prince of Reggae was posthumously conferred with the Caribbean island's Order of Distinction for his contributions to reggae, which has played a huge role in Jamaica's culture and economy.

Brown's widow, Yvonne, attended the National Honors and Awards ceremony in Kingston, where the late entertainer was honored along with living awardees, including singers Millie Small and Ralph "Dobby" Dobson.

Junior Lincoln, chairman of a charitable trust named after Brown that is devoted to preserving his work and memory, said the late singer from gritty downtown Kingston is revered by Jamaicans due to his warm personality and honeyed singing voice with a unique vibrato.

"We've spent about 10 years trying to get him honored in this way," said Lincoln, a veteran of Jamaica's music industry who helped promote Brown's music in England.

Brown, who died at 42 of respiratory ailments, rose to prominence during the 1970s wave of reggae singers that included Marley, whose music introduced the Jamaican genre to listeners worldwide. He released more than 50 albums and a long string of hits, beginning with "No Man is an Island," which he recorded in 1969 at the age of 12.

Roger Steffens, a reggae archivist, said Brown was "seen as truly one of the masses, born and raised in the heart of the downtown Kingston ghetto."

"He grew to maturity with the country itself, and many people saw themselves in Dennis, especially in the light of his struggles with drugs, which were well known in the reggae world," Steffens said in an e-mail.

He recorded his first work at Clement `Coxsone' Dodd's famed Studio One, the island's first black-owned music studio which launched the careers of dozens of reggae legends, including Marley, Lee "Scratch" Perry, and Freddie McGregor.

By the mid-1970s, Brown had become one of the island's most popular performers.

His hits include `Wolves and Leopards,' `Here I Come,' and `Revolution.' He worked with a who's who of Jamaican producers during reggae's 1970s and `80s golden age, including Joe Gibbs, Sly & Robbie, and Derrick Harriott.

After Brown died in 1999, more than 10,000 Jamaicans streamed into a Kingston theater to view his body. He became the first entertainer to be buried at National Heroes Park, a cemetery reserved for Jamaica's most notable figures.

___

David McFadden on Twitter: http://twitter.com/dmcfadden

Source: http://us.rd.yahoo.com/dailynews/rss/music/*http%3A//news.yahoo.com/s/ap/20111018/ap_en_mu/cb_jamaica_dennis_brown

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মঙ্গলবার, ১৮ অক্টোবর, ২০১১

FTC Privacy Czar To Entrepreneurs: ?If You Don?t Want To See Us, Don?t Collect Data You Don?t Need?

ftc_logoDavid Vladeck, The Director of the Bureau of Consumer Protection (a wing of the FTC), was appointed by the Chairman of the FTC, Jon Leibowitz, in April 2009. Today, Vladeck took the stage to speak in conjunction with Dr. Ann Cavoukian, The Information and Privacy Commissioner of Ontario, to talk about privacy and consumer protection in the digital age. Vladeck started out his portion of the talk this afternoon with a humorous analogy, saying that, for those unfamiliar with his job and what it is he does, he's a bit like a gym teacher at the high school prom -- with the high school prom in this case being the world wide internet. His job is to be a chaperone, or a regulator -- as the case demands. Basically, to put it bluntly, he said: "I'm the guy you don?t want to meet ... and frankly I don?t want to meet you either".

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6fIdKXTliyE/

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