Morning Shinbun Tuesday August 17




Tuesday’s Headlines:

World Bank opens credit line to Pakistan as UN chief calls for aid

Bill seeks to make electronics accessible to blind, deaf

USA

Unallayed by tests, fishermen greet start of gulf shrimp harvest with suspicion

U.S. schools chief endorses release of teacher data

Europe

Bonjour jeunesse: new French literary star is 15

Former priest appointed as head of Czech secret police archives

Middle East

Suicide attack kills Iraqi army recruits in Baghdad

Israel ‘killed Palestinian girl’

Asia

Taliban brutality returns as coalition forces prepare for withdrawal

China increases military advantage over Taiwan

Africa

In ANC bill, South African media see threat to press freedom

Latin America

In Colombia plane crash, pilot skill praised for minimal injury

World Bank opens credit line to Pakistan as UN chief calls for aid

The World Bank said it will make nearly $1 billion in credit available to Pakistan to help the country’s economy cope during an unfolding flood crisis that has affected around 20 million people.

NATURAL DISASTERS | 17.08.2010

The World Bank has announced it will provide flood-ravaged Pakistan with a $900-million-dollar (702 million euros) credit in an effort to boost the country’s economy during this time of crisis.

The funding is to come from the International Development Association, an arm of the World Bank that deals with developing countries.

The World Bank, the Asian Development Bank and the United Nations were asked last week by Pakistan to carry out evaluations on damages, needs and recovery initiatives in the flood-hit regions. The World Bank said the assessment could be completed by mid October if there was no further flooding.

Bill seeks to make electronics accessible to blind, deaf



By Cecilia Kang

Washington Post Staff Writer

Tuesday, August 17, 2010


Blind and deaf consumers, who have fought to make home phones and television more accessible, say they are being left behind on the Web and many mobile devices. Touch-based smartphone screens confound blind people who rely on buttons and raised type. Web video means little to the deaf without captioning.

But legislation is in the works to put pressure on consumer electronics companies that revolutionized an earlier generation of technology for the vision- and hearing-impaired.

“Whether it’s a Braille reader or a broadband connection, access to technology is not a political issue — it’s a participation issue,” said Rep. Edward J. Markey (D-Mass.), the author of a House bill aimed at making the Internet more accessible to people with disabilities.

USA

 Unallayed by tests, fishermen greet start of gulf shrimp harvest with suspicion  



By David A. Fahrenthold and Juliet Eilperin

Washington Post Staff Writer

Tuesday, August 17, 2010


On Monday, Louisiana’s shrimpers could shrimp again. On the first day of the state’s fall season, boats began unloading their catch at bayou-side docks, and processors began peeling, freezing and packaging the shellfish for the long trip to America’s dinner plates.

Federal officials said it was safe. They had allowed states to reopen harvest areas, they said, only after tests on fish and shrimp showed no signs of oil or dispersants.

U.S. schools chief endorses release of teacher data

Secretary of Education Arne Duncan says parents have a right to know how effective teachers are at raising student test scores. “What is there to hide?” he says.

By Jason Felch and Jason Song, Los Angeles Times

August 16, 2010|8:07 p.m.


U.S. Secretary of Education Arne Duncan said Monday that parents have a right to know if their children’s teachers are effective, endorsing the public release of information about how well individual teachers fare at raising their students’ test scores.

“What’s there to hide?” Duncan said in an interview one day after The Times published an analysis of teacher effectiveness in the Los Angeles Unified School District, the nation’s second largest school system. “In education, we’ve been scared to talk about success.”

Europe

Bonjour jeunesse: new French literary star is 15



By Molly Guinness in Paris Tuesday, 17 August 2010

With a flurry of new books and no literary agents to fight your corner, one way to attract attention as a novelist in France is to be a teenager. Over the next few weeks, as more than 700 novels are released in time for the annual “rentrée littéraire” Carmen Bramly will stand out from the crowd. At 15, she is this year’s youngest contributor.

Her first novel, Pastel Fauve, due out next week, is about a 14-year-old girl losing her virginity and the precocious young author began working on it at the same age. It is dedicated to Pete Doherty, the musician. Mr Doherty will perhaps be gratified to learn that as well as in the dedication, he figures as a formative sexual fantasy for the protagonist of the book, although Ms Bramly says she did not base anything in the book on her own life. “I listen to his music when I write and I wanted to put him in the book,” she says.

Former priest appointed as head of Czech secret police archives

A former Catholic priest has been appointed to lead the Czech Republic’s Institute for the Study of Totalitarian Regimes, the body that oversees hundreds of thousands of communist secret police files.  

 

Daniel Herman takes over at a difficult time for the Czech Republic’s secret police archive, amid fierce internal disputes over how it should be run. He is now the institute’s third director in as many years.

Herman is well-known within the Czech Republic, one of Europe’s most secular nations, in which there are few high-profile religious figures. Most Czechs recognize him from his frequent appearances in the media, as spokesman of the Czech Bishops’ Conference.

From the priesthood to the archives

Herman is himself a former priest, but asked to be released from the Catholic Church in 2007, citing personal reasons.

Middle East

Suicide attack kills Iraqi army recruits in Baghdad

At least 51 people have been killed in a suicide attack on an army recruitment centre in Baghdad, officials say.

The BBC 17 August 2010  

More than 100 were reported to have been injured in the bombing, in the centre of the Iraqi capital.

The attack comes as the US prepares to end combat operations in Iraq by the end of this month.

It also comes a day after one of the two main contenders in Iraq’s March election suspended talks on forming a coalition.

Violence in Iraq is down from its peak in 2006-2007, though the number of civilian deaths rose sharply in July.

Israel ‘killed Palestinian girl’



TUESDAY, AUGUST 17, 2010    

An Israeli court has ruled that the Israeli government is responsible for the death of a young Palestinian girl in the occupied West Bank three years ago, lawyers for the family said.

The Jerusalem court found Israeli forces responsible for the death of Abir Aramin, 10, in the town of Anata, north of Jerusalem, in January 2007.

Aramin died from a rubber bullet shot by a border guard during a clash with rock-throwing youths.

Asia

Taliban brutality returns as coalition forces prepare for withdrawal

Fears for future of Afghanistan as hardliners stone couple to death for being in love

By Kim Sengupta Tuesday, 17 August 2010

The announcement came on loudspeakers, ordering people to gather at the village bazaar to see Taliban justice being meted out. Then the condemned appeared, a young woman struggling in her bonds, weeping and begging for mercy, her male companion silent, seemingly resigned to his fate.

The first stone was thrown by a Taliban fighter and then the crowd followed suit. The woman fell after the first hail of blows to her head and witnesses in the crowd of around 150 reported that she must have died soon afterwards. The man, covered in blood and severely injured, survived the stoning.

China increases military advantage over Taiwan

China is extending its military advantage over Taiwan and building up a force with power to strike in Asia up to the US territory of Guam, the Pentagon has said.

Published: 7:00AM BST 17 Aug 2010

In an annual report to Congress, the US Defence Department said China was ramping up investment in an array of areas including nuclear weapons, long-range missiles, aircraft carriers and cyber warfare.

“The balance of cross-Strait military forces continues to shift in the mainland’s favour,” the report said.

The Pentagon said China’s military build-up on the Taiwan Strait has “continued unabated” despite improving political and commercial relations since the island elected Beijing-friendly President Ma Ying-jeou in 2008.

Africa

In ANC bill, South African media see threat to press freedom

The African National Congress (ANC) is proposing a bill that South African media say would take the country back to apartheid-era practices, restricting their ability to investigate government practices and look into cases of incompetence or corruption.

By Scott Baldauf, Staff writer / August 16, 2010

Johannesburg, South Africa

During the height (or depths) of South Africa’s racist apartheid era, draconian media laws restricted reporters from meeting with members of the then-illegal opposition movement, the African National Congress. Even mentioning the names of independence fighters like Nelson Mandela or Jacob Zuma in print was seen as a threat to national security.Today, after 16 years in power, the ANC is proposing a bill that South African journalists say would take the country back to those bad old apartheid days, and restrict the news media’s very ability to investigate whether the ANC government is living up to its promises, as well as to look into cases of incompetence or corruption.

Latin America

In Colombia plane crash, pilot skill praised for minimal injury

Pilot skill in the Colombia plane crash is being pointed to as a key factor in saving the lives of 130 passengers. One passenger died.

By Sara Miller Llana, Staff writer / August 16, 2010

Mexico City

Officials in Colombia called it a “miracle” that the plane crash on a Colombian island early Monday morning resulted in just one death.Even as authorities work to determine what caused the Boeing 737 to go down, deft piloting is being pointed to as a key factor in saving the lives of the 130 other people aboard, including at least five American citizens.

“The pilot’s professionalism prevented the plane from going off the runway,” Gen. Orlando Paez of Colombia’s national police told Caracol Radio.

Officials are investigating whether the plane, which belonged to Colombian carrier Aires and was on its way from the capital, Bogotá, had been hit by lightning as it neared San Andres, a Caribbean resort island off the east coast of Nicaragua. A downdraft could have also caused the crash, officials speculated.

Ignoring Asia A Blog

Prime Time

Monday Night Throwball?!!  WTF!?  At least these are 2 teams that are a passing distraction to me (Jets/Giants).  I’d liveblog them all, but looking at the schedule there are only 6 games I have even a minor interest in-

Aug. 26 Colts @ Packers
Sept. 13 Ravens @ Jets
Sept. 27 Packers @ Bears
Oct. 11 Vikings @ Jets
Oct. 25 Giants @ Cowboys
Dec. 6 Jets @ Patriots

And by minor, I mean Jets/Patriots is hardly going to keep me up any longer than my Mom, Emily, who although a huge Patriots fan goes to bed at 9 pm.

Seriously.

The door is open for anyone who wants to step up.

Later-

Dave is still in repeats.  Jon has Emma Thompson, Stephen Richard Clarke and John Fetterman.  Alton does Trout.  What Goes Down Must Come Up.

I think you’re the greatest, but my dad says you don’t work hard enough on defense. And he says that lots of times, you don’t even run down court. And that you don’t really try… except during the playoffs.

The hell I don’t. LISTEN KID. I’ve been hearing that crap ever since I was at UCLA. I’m out there busting my buns every night. Tell your old man to drag Walton and Lanier up and down the court for 48 minutes.

Evening Edition

Evening Edition is an Open Thread

From Yahoo News Top Stories

1 Technical twists delay timing of BP final well kill

By Kristen Hays and Anna Driver, Reuters

27 mins ago

HOUSTON/NEW ORLEANS (Reuters) – Technical issues on Monday muddled the timing of BP’s planned final kill of its blown-out Gulf of Mexico oil well as concerns lingered over the food safety and health fallout from the world’s worst offshore oil spill.

A relief well seen as the permanent solution for the crippled deepwater Macondo shaft was on hold while engineers studied the potential impact of pumping mud and cement into the bottom of the now sealed well, the long-awaited “bottom kill.”

Worries that this move could damage the cement seal already injected in from the top, and force out residual crude trapped in the well have obliged BP and the government to carry out more tests and discuss different technical options.

2 BP spill health effects need to be tracked: experts

By Julie Steenhuysen, Reuters

Mon Aug 16, 12:59 pm ET

CHICAGO (Reuters) – Doctors in the Gulf Coast region need to be alert to both the short and long-term health effects of the Gulf of Mexico oil spill, U.S. health experts said on Monday.

Prior oil spills have shown that contact with oil and chemicals can affect the lungs, kidneys, and liver, and the mental strain can boost rates of anxiety, depression and post traumatic stress as many as six years later.

The magnitude of the BP Plc spill is a far greater worry, said Dr. Gina Solomon, an environmental medicine expert at the University of California at San Francisco and a senior scientist at the Natural Resources Defense Council, an environmental advocacy group.

3 Pakistanis block highways to protest slow flood aid

By Robert Birsel, Reuters

2 hrs 34 mins ago

SUKKUR, Pakistan (Reuters) – Pakistani flood victims, burning straw and waving sticks, blocked a highway on Monday to demand government help as aid agencies warned relief was too slow to arrive for millions without clean water, food and homes.

Public anger has grown in the two weeks of floods, highlighting potential political troubles for an unpopular government overwhelmed by a disaster that has disrupted the lives of at least a tenth of its 170 million people.

Hundreds of villages across Pakistan in an area roughly the size of Italy have been marooned, highways have been cut in half and thousands of homeless people have been forced to set up tarpaulin tents along the side of roads.

4 China tops Japan as second biggest economy in Q2

By Tetsushi Kajimoto and Stanley White, Reuters

Mon Aug 16, 9:49 am ET

TOKYO (Reuters) – Growth in Japan’s economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers’ headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.

The government is considering new stimulus measures including boosting graduate employment and the corporate sector, Kyodo News Agency said late on Monday, after data that testified to slowing growth in Japan’s main export destinations such as the United States and China and a stimulus-driven domestic recovery that has petered out.

Against a backdrop of concerted efforts to talk down the yen after it surged to a 15-year high against the dollar last week, quarterly gross domestic product grew just 0.1 percent for annualized expansion of 0.4 percent.

5 Defense chief Gates says wants to leave in 2011

By Sue Pleming, Reuters

2 hrs 12 mins ago

WASHINGTON (Reuters) – U.S. Defense Secretary Robert Gates, a driving force behind both the Afghan war plan and in overhauling the Pentagon’s finances, said in an interview published on Monday he aims to retire next year.

But his press secretary Geoff Morrell shot down suggestions that Gates announced his retirement to Foreign Policy magazine, saying it was nothing more than “musings” over a wish to quit, which the U.S. defense chief has done before.

“I think that it would be a mistake to wait until January 2012,” Gates was quoted as telling the magazine in an article published on its web site.

6 Barclays to pay $298 million in U.S. sanctions case

By James Vicini, Reuters

24 mins ago

WASHINGTON (Reuters) – Barclays Bank Plc has agreed to pay $298 million to settle criminal charges that it violated U.S. sanctions through dealings with banks in Cuba, Iran, Libya, Sudan and Myanmar, according to U.S. court documents filed on Monday.

The London-based bank was charged with violating the International Emergency Economic Powers Act and the Trading with the Enemy Act as a result of $500 million in illegal transactions from 1995 through 2006, according to the documents.

The United States has imposed sanctions and trade embargoes against Cuba, Iran, Libya, Sudan and Myanmar. Barclays was accused of hiding transactions on behalf of banks in those countries.

7 UN warns of diseases in Pakistan floods

by Jennie Matthew, AFP

1 hr 12 mins ago

ISLAMABAD (AFP) – The United Nations warned Monday that up to 3.5 million children were at risk from water-borne diseases in Pakistan’s floods and said it was bracing for thousands of potential cholera cases.

Fresh rains threaten further anguish for millions of people who have been affected by the country’s worst floods for 80 years and UN chief Ban Ki-moon has urged the world to speed up international aid urgently.

Described as the worst humanitarian crisis in the world today, the three-week disaster has affected 20 million people, and has destroyed crops, infrastructure, towns and villages, according to the Pakistani government.

8 Eye on Afghanistan, Gates hopes to quit in 2011

by Shaun Tandon, AFP

28 mins ago

WASHINGTON (AFP) – US Defense Secretary Robert Gates said Monday he hoped to step down in 2011, predicting it would be clear by then whether the US surge strategy in Afghanistan was working.

Gates, 66, the sole Republican holdover in President Barack Obama’s cabinet, has provided continuity on national security as the Democratic president took charge of the White House and two wars last year.

Gates, a former CIA director with a 40-year career in government, has long hinted he wanted to leave. He was tapped by former president George W. Bush in 2006 to replace the controversial Donald Rumsfeld amid a near debacle in Iraq.

9 Darfur expels five aid workers

by Guillaume Lavallee, AFP

48 mins ago

KHARTOUM (AFP) – Authorities in Sudan’s West Darfur state have expelled five humanitarian workers from the United Nations and the Red Cross, aid officials said Monday, as the UN chief expressed alarm about the situation in Darfur.

The aid workers, among them the head of the UN Food and Agriculture Organisation office in the state capital El-Geneina, were told to pack up and leave for Khartoum, the officials said.

“He was told (at the weekend) that he must leave Darfur, and he returned to Khartoum,” an FAO official told AFP.

10 China overshadows Japan economy as growth slows

by David Watkins, AFP

Mon Aug 16, 9:16 am ET

TOKYO (AFP) – Japan’s economy was outpaced by China in the second quarter in nominal terms, data showed Monday, as sharply weaker than expected growth triggered fresh fears that the global recovery is losing steam.

As cooling exports and flat domestic consumption hit Japan’s growth in April-June, the data pointed to the looming prospect of China overtaking Japan as the world’s second-largest economy.

“The economy is levelling off,” said Keisuke Tsumura, parliamentary secretary of the Cabinet Office.

11 China US debt holdings lowest level in a year: Treasury

by P. Parameswaran, AFP

2 hrs 35 mins ago

WASHINGTON (AFP) – China’s ownership of US government debt has dropped to the lowest level in at least a year, Treasury data showed Monday, in a sign Beijing is increasingly keen to diversify out of US bonds.

The cash-rich Chinese government reduced its US Treasury bond holdings to 843.7 billion dollars in June, the lowest level since at least the same month last year, the Treasury said in a report on international capital flows.

The June data was lower than the 867.7 billion dollars in Treasury bonds held by the Chinese in May and 900.2 billion dollars in April.

12 Celebrity presence the novelty at Indian weddings

by Rupam Jain Nair, AFP

Mon Aug 16, 10:09 am ET

NEW DELHI (AFP) – R.K. Chudawala, a diamond merchant in New Delhi, added sparkle to his wedding last year by hiring top Bollywood stars to attend the celebrations — but he comes over all coy when asked for details.

“The idea was to stun the guests, make the mood glamorous and bring Bollywood into our lives,” said Chudawala, 34, as he recalled his eight-day wedding party held in Singapore.

The lengthy extravaganza was sprinkled with an array of Indian film and television stars, who flew in to mingle with family and friends at evening parties, as well as to dance with the bride and groom.

13 Bunker gaffe KOs golfer Johnson at PGA Championship

by Greg Heakes, AFP

2 hrs 30 mins ago

SHEBOYGAN, Wisconsin (AFP) – Martin Kaymer won the PGA Championship in a play-off but a split-second brush with a spectator-trampled sand trap cost Dustin Johnson his chance of a first grand slam win.

The 26-year-old American Johnson took a one-shot lead into the 18th hole in the final major of the season when he was KO’d by the rule book at the Whistling Straits course.

“I think it is very sad he got a two-stroke penalty,” Kaymer said.

14 Russia says beating fires as weather switches

by Stuart Williams, AFP

Mon Aug 16, 9:10 am ET

MOSCOW (AFP) – Russia on Monday said it was beating back the country’s worst ever wildfires, including one close to a secret nuclear site, as parts of the parched country were hit by thunderstorms and torrential rain.

The peat and forest fires in the countryside of central Russia have killed over 50 and also raised concerns about the security of potentially dangerous strategic sites located in the vicinity of the fires.

A major worry has been fires in a nature reserve close to Russia’s main nuclear research centre in Sarov — a town closed to foreigners as in Soviet times — but the authorities said they had taken a major step to resolving the crisis.

15 Afghan private security firms given 4-month deadline

by Waheedullah Massoud, AFP

Mon Aug 16, 9:01 am ET

KABUL (AFP) – President Hamid Karzai will give armed contracting firms in Afghanistan four months to disband, his spokesman said Monday, sparking fears of a potential security crisis in the war-torn country.

“Today the president is going to issue a four-month deadline for the dissolution of private security companies,” Waheed Omer said.

Omer gave notice last week that Karzai intended to deal with private security firms, calling it “a serious programme that the government of Afghanistan will execute”.

16 Gates, Petraeus differ on flexibility of Afghan exit

by Andrew Gully, AFP

Mon Aug 16, 6:43 am ET

WASHINGTON (AFP) – US Defense Secretary Robert Gates insisted Monday the July 2011 date to start withdrawing American troops from Afghanistan was set in stone, putting him at odds with his top Afghan war commander.

Gates and General David Petraeus were in lock-step on the need for a gradual withdrawal, but a series of interviews exposed discord over the flexibility of the start date given last November by US President Barack Obama.

“There is no question in anybody’s mind that we are going to begin drawing down troops in July of 2011,” Gates told The Los Angeles Times.

17 Interior halts deepwater environmental exemptions

By ERICA WERNER, Associated Press Writer

1 hr 5 mins ago

WASHINGTON – The Obama administration announced Monday it is requiring environmental reviews for all new deepwater oil drilling.

That means an end, at least for now, to the kind of exemptions that allowed BP to drill its blown-out well in the Gulf with little scrutiny.

The announcement came in response to a report by the White House Council on Environmental Quality, which found that decades-old data provided the basis for exempting BP’s drilling permits from any extensive review.

18 Oil, price worries as La. shrimpers start season

By CAIN BURDEAU and KEVIN McGILL, Associated Press Writer

1 hr 34 mins ago

NEW ORLEANS – Shrimpers returned to Louisiana waters Monday for the first commercial season since the Gulf of Mexico oil disaster, uncertain what crude may still be in the water and what price they’ll get for the catch if consumers worry about possible lingering effects from the massive BP spill.

The spill has put a crimp in the fishing industry in a state that ranks first in the nation in producing shrimp, blue crab, crawfish and oysters, a $318-million-a year business in Louisiana. U.S. Commerce Secretary Gary Locke planned to visit the state Monday to lunch with fishermen and talk to seafood industry representatives.

Perhaps the biggest fear is that some fisherman might try to sell oil-contaminated shrimp and scare consumers away again after prices crashed once already this summer.

19 ‘CSI’ for seafood: Gulf fish gets safety tests

By LAURAN NEERGAARD, AP Medical Writer

2 hrs 38 mins ago

WASHINGTON – Fish, shrimp and other catches from the Gulf of Mexico are being ground up to hunt for minute traces of oil in what’s considered unprecedented safety testing – sort of a “CSI” for seafood that’s far more reassuring than the sniff test that made all the headlines.

And while the dispersant that was dumped into the massive oil spill has consumers nervous, health regulators contend there’s no evidence it builds up in seafood – although they’re working to create a test for it, just in case.

“We’re taking extraordinary steps to assure a high level of confidence in the seafood,” Jane Lubchenco, administrator of the National Oceanic and Atmospheric Administration, said Monday.

20 Obama pleads to voters: ‘Don’t give in to fear’

By BEN FELLER, AP White House Correspondent

1 hr 23 mins ago

MILWAUKEE – Flying thousands of miles to reap millions of dollars, President Barack Obama is dashing across the country to help his party retain power, essentially offering one familiar argument: Republicans don’t solve problems.

“Don’t give in to fear,” Obama said Monday in his latest ominous vision of a country led by the opposition party. “Let’s reach for hope.”

Obama has settled on his message for the pivotal midterm elections, which means what he said Monday in Milwaukee will sound like what he says Tuesday in Seattle and Wednesday in Miami. He is covering more than 8,000 freewheeling miles in three days, the kind of personal attention that gets donors to the door.

21 AP IMPACT: Border Patrol sees spike in suicides

By PAUL J. WEBER, Associated Press Writer

1 hr 4 mins ago

FORT HANCOCK, Texas – After a bad day on the job as a Border Patrol agent, Eddie DeLaCruz went home and began discussing with his wife how to celebrate her upcoming birthday. Then he casually pressed his government-issued handgun under his chin and pulled the trigger.

“It was the ugliest sound I ever heard in my life,” his widow, Toni DeLaCruz, recalled of that day last November. “He just collapsed.”

A month later, one of DeLaCruz’s colleagues at the Fort Hancock border post put a bullet through his head, too.

22 Report: Cancer is the world’s costliest disease

By MARILYNN MARCHIONE, AP Medical Writer

1 hr 29 mins ago

Cancer is the world’s top “economic killer” as well as its likely leading cause of death, the American Cancer Society contends in a new report it will present at a global cancer conference in China this week.

Cancer costs more in productivity and lost life than AIDS, malaria, the flu and other diseases that spread person-to-person, the report concludes.

Chronic diseases including cancer, heart disease and diabetes account for more than 60 percent of deaths worldwide but less than 3 percent of public and private funding for global health, said Rachel Nugent of the Center for Global Development, a Washington-based policy research group.

23 Farmers bear brunt of Pakistan’s deadly floods

By ASHRAF KHAN, Associated Press Writer

Mon Aug 16, 2:24 pm ET

SUKKUR, Pakistan – For generations, the Indus River was a lifeline. Now it has turned destroyer, ripping up rice, wheat and sugar cane crops and leaving behind bloated corpses of cows and goats.

When the floodwaters recede, millions of farmers who used the Indus to irrigate their crops – and propel Pakistan’s economy – face an uncertain future.

The United Nations warns that unless farmers in hard-hit Punjab and Sindh provinces manage to plant their winter crop of wheat in mid-September as normal, there might be food shortages in the region and the nation as a whole.

24 China surges past Japan as No. 2 economy; US next?

AP Business Writer

1 hr 16 mins ago

BEIJING – China has eclipsed Japan as the world’s second-biggest economy after three decades of blistering growth that put overtaking the U.S. in reach within 10 years.

Japan is still far richer per person after confirming Monday that economic output fell behind its giant neighbor for the three months ending June 30. However, the news is more proof of China’s arrival as a force that is altering the global balance of commercial, political and military power.

Analysts are already looking ahead to when China might match the United States in total output – which the World Bank and others say could be no more than a decade away.

25 Kaymer wins PGA in playoff; Johnson out on penalty

By NANCY ARMOUR, AP National Writer

Mon Aug 16, 9:37 am ET

SHEBOYGAN, Wis. – Few things make a major championship more memorable than a playoff.

This one will be remembered for the guy who wasn’t there.

Martin Kaymer’s name is forever in the record books as the winner of the PGA Championship. But it’s Dustin Johnson whose story will be the tournament’s defining memory.

26 Afghan gov’t: 4 months to disband security firms

By DEB RIECHMANN, Associated Press Writers

Mon Aug 16, 2:35 pm ET

KABUL, Afghanistan – Afghanistan’s president is issuing an ultimatum to thousands of private security contractors he says are undermining his nation’s army and police force: Cease operations in four months.

President Hamid Karzai’s strident decision, announced Monday by his spokesman, is expected to meet resistance from NATO officials who rely heavily on private security companies to guard convoys and installations across the country.

With complaints that they are poorly regulated, reckless and effectively operate outside local law, such operators have become a point of contention between the Afghan government and U.S. and NATO coalition forces and the international community.

27 BLM to review off-road wreck that killed 8 fans

By GILLIAN FLACCUS, Associated Press Writers

1 hr 32 mins ago

LOS ANGELES – The federal Bureau of Land Management is conducting an official review of a weekend accident at an off-road race in the California desert that killed eight spectators.

Spokeswoman Jan Bedrosian said in a statement Monday that the agency is also cooperating with other law enforcement agencies in the investigation and reviewing all off-road vehicle events in the California desert for safety.

Eight fans were killed Saturday at the California 200 race in the Mojave Desert when a truck went out of control after a jump and hit a crowd lining the course. Other fans were injured.

28 Holy month, hot days mean football nights in Mich.

By JEFF KAROUB, Associated Press Writer

Mon Aug 16, 7:28 am ET

DEARBORN, Mich. – Illuminated by the night lights on the football field, Adnan Restum joined a scrum of teammates at the end-zone water fountain, taking a break from a grueling preseason football workout to guzzle a drink.

In just a few hours, he wouldn’t be able to take a sip. But the 17-year-old defensive tackle could rehydrate guilt-free during the 11 p.m. to 4 a.m. practice, and succumb to tempting boxes full of granola bars and chocolate milk, too.

The moonlight practice is tailored for Restum and fellow Muslim teammates who make up a majority of the Fordson High School squad in the large Arab community of Dearborn. It’s a way for the players to practice football and their faith, and balance the fasting common during the 30-day holy month of Ramadan that started last week.

29 Petraeus: Time is key for progress in Afghanistan

By ANNE FLAHERTY, Associated Press Writer

Mon Aug 16, 12:31 pm ET

WASHINGTON – The next several months in the Afghanistan war will prove to be a crucial test of President Barack Obama’s politically risky strategy to send tens of thousands more troops to the fight.

Army Gen. David Petraeus says he plans to show by December that the 100,000 U.S. forces are helping to stem a violent insurgency and giving the Kabul government space to grow. Petraeus, the new war commander, said he has already begun to see progress, albeit slowly.

Adding to the optimism this week is Defense Secretary Robert Gates, who suggested he might retire next year after the “surge” of troops has had a chance to work.

30 Insults abound in 2010 campaigns

By DAVID ESPO, AP Special Correspondent

Mon Aug 16, 12:20 pm ET

WASHINGTON – Name-calling is a winner this campaign season. By a landslide.

In Illinois, dueling political wordsmiths long ago cast the Senate race as a choice between a “mob banker” and a “serial liar.”

The rivals are more generally known as Alexi Giannoulias, the Democrat, and Rep. Mark Kirk, the Republican. One of them will soon trade in his label for another: the distinguished senator from Illinois.

31 Attacks against Mexicans inflame tensions in NYC

By CRISTIAN SALAZAR, Associated Press Writer

Mon Aug 16, 6:57 am ET

NEW YORK – When Rodolfo Olmedo was dragged down by a group of men shouting anti-Mexican epithets and bashed over the head with a wooden stick on the street outside his home, he instinctively covered his face to keep from getting disfigured. Blood filled his mouth.

“I wanted to scream, but I couldn’t because of the beating they were giving me,” said the 25-year-old baker. Nearly five months later, he is still taking pain medications for his head injuries.

Recorded by a store’s surveillance camera, the assault was the first of 11 suspected anti-Hispanic bias attacks in a Staten Island neighborhood, re-igniting years-old tensions between blacks and Hispanics in New York City’s most remote borough.

32 Tea party activists rally on Arizona-Mexico border

By JONATHAN J. COOPER, Associated Press Writer

Mon Aug 16, 3:37 am ET

HEREFORD, Ariz. – Tea party groups converged on a remote section of the U.S.-Mexico border on Sunday to show support for Arizona’s controversial immigration law and hear from more than a dozen conservative speakers, many of them candidates running for office in crowded Republican primaries.

Several speaking to the crowd of more than 400 demanded Congress and President Barack Obama devote more resources to increase border security in remote areas like the site of Sunday’s demonstration southeast of Tucson.

“We are going to force them to do it, because if they don’t, we will not stop screaming,” said former state Sen. Pam Gorman, one of 10 Republicans vying for an open congressional seat in north Phoenix. Gorman carried a handgun in a holster slung over her shoulder as she mingled with demonstrators.

33 Asia stops to remember end of World War II

By YURI KAGEYAMA, Associated Press Writer

Sun Aug 15, 11:55 pm ET

TOKYO – Asia paused on Sunday to remember Japan’s surrender to the allied forces which ended World War II 65 years ago, as the Japanese prime minister apologized for wreaking suffering on the region and the South Korean president said Tokyo’s remorse was a step in the right direction.

From Nanjing – the site of a 1937 massacre by Japanese troops – to Tokyo’s Yasukuni Shrine, which has drawn outrage from Asia for honoring Class A war criminals, people prayed for the millions who died in war and expressed hopes for peace.

The reckoning with history has taken special meaning this year as it comes amid a global effort to realize a world without nuclear weapons, a resolve backed by President Barack Obama. But there were reminders of lingering tensions.

34 Ex-Rep. Tom DeLay unsurprised after DOJ ends probe

By JUAN A. LOZANO, Associated Press Writer

44 mins ago

HOUSTON – Former House Majority Leader Tom DeLay said Monday he always knew a Justice Department probe of his ties to disgraced ex-lobbyist Jack Abramoff would end without criminal charges being filed against him because he did nothing wrong.

DeLay said he wishes the investigation hadn’t taken six years, but added he isn’t bitter.

“I know this is the price of leadership, but it doesn’t have to happen this way,” the 11-term Republican from suburban Houston told reporters during a conference call. “I hope people will look at my case and decide the criminalization of politics and the politics of personal destruction is not beneficial to our country and hopefully it will stop.”

35 FTC sues Ariz. company over acai pill free trials

By CARLA K. JOHNSON, AP Medical Writer

1 hr 33 mins ago

CHICAGO – Dreams of rapid weight loss and fake celebrity endorsements from Oprah Winfrey and Rachael Ray lured customers into providing their credit or debit card numbers as they signed up online for a “free trial” of acai berry pills.

Instead, month after month, consumers got shipments of pills they didn’t want and charges of $45 to $65 that mounted despite their attempts to cancel. It was a scam that bilked consumers out of up to $100 million, according to the Federal Trade Commission, which announced Monday it has filed a lawsuit in an attempt to shut down a massive Internet scam.

A federal judge has frozen the assets of Phoenix-based Central Coast Nutraceuticals Inc. and ordered the company and its executives, Graham D. Gibson and Michael A. McKenzy, to stop making false claims for their products and appointed a receiver to take charge of the company’s books. The judge ordered the defendants to appear in court Friday in Chicago.

36 Old Irish bones may yield murderous secrets in Pa.

By KATHY MATHESON, Associated Press Writer

Mon Aug 16, 6:23 am ET

MALVERN, Pa. – Young and strapping, the 57 Irish immigrants began grueling work in the summer of 1832 on the Philadelphia and Columbia railroad. Within weeks, all were dead of cholera.

Or were they murdered?

Two skulls unearthed at a probable mass grave near Philadelphia this month showed signs of violence, including a possible bullet hole. Another pair of skulls found earlier at the woodsy site also displayed traumas, seeming to confirm the suspicions of two historians leading the archaeological dig.

37 Aging inmates straining prison systems

By NICHOLAS K. GERANIOS, Associated Press Writer

Mon Aug 16, 4:01 am ET

CONNELL, Wash. – Curtis Ballard rides a motorized wheelchair around his prison ward, which happens to be the new assisted living unit – a place of many windows and no visible steel bars – at Washington’s Coyote Ridge Corrections Center.

A stroke left Ballard unable to walk. He’s also had a heart attack and he underwent a procedure to remove skin cancer from his neck. At 77, he’s been in prison since 1993 for murder. He has 14 years left on his sentence.

Ballard is among the national surge in elderly inmates whose medical expenses are straining cash-strapped states and have officials looking for solutions, including early release, some possibly to nursing homes. Ballard says he’s fine where he is.

Punting the Pundits

Punting the Punditsis an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

The Guardian Editorial: US midterms: Change without hope

One would have thought that the Obama of Hope and Change would have had little difficulty in defining his presidency

Here’s a depressing thought: the first half of Barack Obama’s presidential term, is as good it’s likely to get. The latest skirmish in America’s culture war – whether to build an Islamic complex two blocks from New York’s ground zero – encapsulates everything that he and the Democrats are labouring under as they trudge towards the midterm elections.

On Friday, Mr Obama said the right thing, not only as a constitutional lawyer, but as president: that Muslims had the same right to practice their religion as anyone else. Uproar in the Republican blogosphere followed. For John Boehner, the House minority leader, it was not an issue of religious freedom, but respect (How? More Muslims have been killed, as apostates, by al-Qaida than members of any other faith). Sarah Palin said it was as if Serbs were trying to build a church in Srebrenica. The Democrats wobbled. On Saturday, Mr Obama beat the retreat: he had not, apparently, commented on the wisdom of putting the mosque there, but the principle that the law should treat all equally.

Glenn Greenwald: The fear campaign and Social Security

Associated Press, Saturday:

Obama claims GOP trying to destroy Social Security

   President Barack Obama used the anniversary of Social Security to trumpet Democrats’ support for the popular program and accuse Republicans of trying to destroy it.

Paul Krugman, The New York Times, today:


   Social Security turned 75 last week. . . . But the program is under attack, with some Democrats as well as nearly all Republicans joining the assault. Rumor has it that President Obama’s deficit commission may call for deep benefit cuts, in particular a sharp rise in the retirement age.

It appears that the Democrats intend to try to win the midterm elections by scaring Americans into believeing that a GOP victory would endanger their Social Security benefits — a tactic which Madrak correctly condemns as “one of the most cynical political moves I’ve seen.”  The reason for that characterization is obvious:  because, as Madrak explains, echoing Krugman:  “the imminent threat to Social Security  right now is from the administration — and its pet Catfood Commission.”  Obama’s speech this weekend focused on the GOP’s plan to privatize Social Security, but that plan has zero chance of succeeding:  both because only a handful of Republicans (such as Paul Ryan) support it ever since Bush’s privitization efforts were defeated, and because Obama retains veto power to prevent it even with a GOP victory this November.  The true threat to Social Security is Obama’s Deficit Commission, which has excusably been working in total secrecy throughout the year, cooking up its recommendations to be released in December and likely to be voted on by Congress once the elections are nice and over with.

Fareed Zakaria: Gates’s lonely battle to rationalize the Pentagon

Robert Gates’s latest efforts at reforming the Pentagon  are modest. He is not trying to cut the defense budget; he merely wants to increase efficiency while reducing bureaucracy, waste and duplication. The savings he is trying to achieve are perfectly reasonable: $100 billion over five years, during which period the Pentagon would spend approximately $3.5 trillion. And yet he has aroused intense opposition from the usual suspects — defense contractors, lobbyists, the military bureaucracy and hawkish commentators. He faces spirited opposition from his own party, but it is the other Republicans, not Gates, who are abandoning their party’s best traditions in defense strategy.

Can anyone seriously question Gates’s ideas on the merits? He has pointed out that the spiraling cost of defense hardware has led to the absurdity of destroyers that cost $2 billion to $3 billion per ship and bombers that cost $2 billion per plane. He notes that while the private sector has eliminated middle management and streamlined organization charts, the Pentagon has multiplied its layers of bureaucracy. A decade ago, Defense Secretary Donald Rumsfeld complained that there were 17 levels of staff between him and a line officer. Gates guesses that there are now about 30.

Robert J. Samuelson: Bumper sticker politics

We are our bumper stickers. They are one way we use to define ourselves and announce our various identities to the outside world: that we voted for Bush or Gore; that we’re a Buckeye or a Wolverine; that we’re “pro-life” or “pro-choice”; that we favor this candidate or that for school board or Congress; that our kids play soccer and won the county championship; and that we vacation in the Grand Tetons or at Disney World.

These badges of self-expression span an almost-infinite range of beliefs and behaviors. They also capture one of the enduring contradictions of American culture — the tension between individualism and conformity. Bumper stickers are labels of personal preference and practice, but almost always they also signal an allegiance to a larger cause or membership in some grander group. They allow us to set ourselves apart and to belong at the same time. Liberals exhort, “Wage Peace.” Conservatives exclaim, “Vote Democrat, It’s Easier Than Working.”

Racism Part 2a

“The thing a bigot most desires is the ability to express their bigotry in public and be applauded.”—  ek hornbeck

Islam in Two Americas

By ROSS DOUTHAT, The New York Times

Published: August 15, 2010

There’s an America where it doesn’t matter what language you speak, what god you worship, or how deep your New World roots run. An America where allegiance to the Constitution trumps ethnic differences, language barriers and religious divides. An America where the newest arrival to our shores is no less American than the ever-so-great granddaughter of the Pilgrims.

But there’s another America as well, one that understands itself as a distinctive culture, rather than just a set of political propositions. This America speaks English, not Spanish or Chinese or Arabic. It looks back to a particular religious heritage: Protestantism originally, and then a Judeo-Christian consensus that accommodated Jews and Catholics as well. It draws its social norms from the mores of the Anglo-Saxon diaspora – and it expects new arrivals to assimilate themselves to these norms, and quickly.

Unmotherfucking believable.

Monday Business Edition

We are governed by motherfucking idiots.

Or amoral greedheads, take your pick; but even the Nazi supporting Henry Ford understood you have to have someone to sell cars to.

Except we don’t sell cars anymore.  What we sell is Ponzi scams, pyramid schemes, and multi-level marketing and all the shouters on CNBC think they got in at the top, but they’re really just bottom feeders like the rest of us.

Perhaps the coming Hindenberg Crash will convince them.

Or maybe they really are stupid.

Forget a Double Dip. We’re Still in One Long Big Dipper.

Robert Reich

Saturday, August 14, 2010

The central problem is lack of demand – and that’s what has to be tackled.

Three of the four sources of demand have stopped working. (1) Consumers can’t and won’t buy because they’re still under a huge debt load, can’t get more credit, are afraid of losing their jobs (or already have), depend on two wage earners at least one of whom is working part-time and pulling in less, or have to save. (2) Businesses won’t invest and spend on creating more jobs if they don’t see consumers willing to buy more. (3) Exports are stalled because the dollar is so high they cost too much, much of the rest of the world is still struggling with recession, and American firms can make things for sale abroad more cheaply abroad.

That leaves only one remaining source of demand – government. We need a giant jobs program to hire people and put money in their pockets that they’ll spend and thereby create more jobs. Put ideology aside and recognize this fact. If it makes you more comfortable call it the National Defense Jobs Act. Call it the WPA. Call it Chopped Liver. Whatever, we have to get the great army of the unemployed and underemployed working again.

If we let the deficit hawks and government haters dominate this debate, as they have, the Big Dipper will continue for years. The Great Depression lasted twelve.

Attacking Social Security

By PAUL KRUGMAN, The New York Times

Published: August 15, 2010

So where do claims of crisis come from? To a large extent they rely on bad-faith accounting. In particular, they rely on an exercise in three-card monte in which the surpluses Social Security has been running for a quarter-century don’t count – because hey, the program doesn’t have any independent existence; it’s just part of the general federal budget – while future Social Security deficits are unacceptable – because hey, the program has to stand on its own.

It would be easy to dismiss this bait-and-switch as obvious nonsense, except for one thing: many influential people – including Alan Simpson, co-chairman of the president’s deficit commission – are peddling this nonsense.

What’s really going on here? Conservatives hate Social Security for ideological reasons: its success undermines their claim that government is always the problem, never the solution. But they receive crucial support from Washington insiders, for whom a declared willingness to cut Social Security has long served as a badge of fiscal seriousness, never mind the arithmetic.

From Yahoo News Business

1 China overshadows Japan economy as growth slows

by David Watkins, AFP

52 mins ago

TOKYO (AFP) – Japan’s economy was outpaced by China in the second quarter in nominal terms, data showed Monday, as sharply weaker than expected growth triggered fresh fears that the global recovery is losing steam.

As cooling exports and flat domestic consumption hit Japan’s growth in April-June, the data pointed to the looming prospect of China overtaking Japan as the world’s second-largest economy.

“The economy is levelling off,” said Keisuke Tsumura, parliamentary secretary of the Cabinet Office.

2 Growth angst drifts back to U.S. shores

By Pedro Nicolaci da Costa, Reuters

Sun Aug 15, 6:27 pm ET

WASHINGTON (Reuters) – After worrying about Europe for several months, economists are now turning their focus back to the United States, where high unemployment and a historic housing slump just won’t go away.

The U.S. economy appears mired in a troubling limbo, not weak enough to signal an imminent downturn and not sufficiently sturdy to give businesses confidence to begin hiring again.

The latest economic data highlights the shifting fortunes on either side of the Atlantic, with a robust Germany propelling the eurozone as the U.S. outlook looks bleaker.

3 Rulemakers plan global overhaul of lease accounting

By Emily Chasan, Reuters

Sun Aug 15, 12:32 pm ET

NEW YORK (Reuters) – U.S. and international accounting rule makers are planning to propose an overhaul of lease accounting as soon as Tuesday, in a move expected to affect some $1.2 trillion in leased assets.

Traditionally, accounting rules have given companies a lot of leeway in how they record leases for assets ranging from store locations and restaurant equipment to airplanes and machinery. As a result, only certain types of leases appear on the balance sheet, while a majority of a company’s leases can often be kept off the balance sheet and hidden from an investors’ view.

But the Financial Accounting Standards Board, which sets U.S. accounting rules, and the London-based International Accounting Standards Board, which writes accounting rules for more than 100 countries, will aim to change all that this week by proposing to bring many of these assets onto corporate balance sheets.

4 Stocks face retailers’ results

By Caroline Valetkevitch, Reuters

Sun Aug 15, 10:16 am ET

NEW YORK (Reuters) – U.S. stock investors will brace for further signs of weakness in the economic recovery this week as earnings from key retailers are expected.

Industrial production, housing starts and inflation data will come under scrutiny as well, after stocks on Friday wrapped up their worst week in six. Last week’s sell-off also drove stocks back into negative territory for the year.

Technical charts show “sell” signals, indicating more weakness. At the same time, some analysts say the market may be due for a bounce.

5 Broadcast audience aging faster than population

By DAVID BAUDER, AP Television Writer

47 mins ago

NEW YORK – For years, executives at ABC, Fox and NBC essentially stopped caring about television viewers once they had reached 50 years old.

You don’t hear that much anymore.

The median age for viewers at those networks and CBS is now 51. The broadcasters’ audience has aged at twice the rate of the general population during the past two decades, according to a new report. It’s a quiet trend with a real impact on the way they do business.

6 Threats of int’l BlackBerry bans echo US debate

By PETER SVENSSON, AP Technology Writer

Sun Aug 15, 3:58 pm ET

NEW YORK – Threats by the governments of India, the United Arab Emirates and Saudi Arabia to shut down BlackBerry’s corporate e-mail services reflect unease about a technology that the U.S. government also took a while to accept.

The foreign governments are essentially a decade behind in coming to terms with encryption, a technology that’s fundamental to the Internet as a medium of commerce.

Encrypted communications are scrambled in a complex process to ensure that only the intended recipient can read them, using the proper digital key. This often takes place behind the scenes, without the user needing to do anything. When you submit your credit card number on a shopping site, the communication is encrypted. When you log in to your bank’s site, that connection is encrypted as well.

7 Heat brings early harvest in New England, Midwest

By BOB SALSBERG, Associated Press Writer

Mon Aug 16, 3:09 am ET

BOSTON – Warm weather has many fruits and vegetables ripening early this year, and on some farms, fall crops will be ready well before Labor Day.

Early apples are already ripe for picking in the Northeast and Midwest. Sweet corn was a couple of weeks ahead of schedule, as were many tomatoes, blueberries and peaches. And, if the warm weather holds, families might have Halloween pumpkins well before October starts.

Major row crops, such as corn and soybeans, also are a little ahead of season, said Julie Schmidt, a statistician with the National Agricultural Statistics Service. A mild winter let farmers plant early, and warm weather since has helped their growth.

8 La. shrimpers worry about prices for new season

By CAIN BURDEAU and KEVIN McGILL, Associated Press Writer

30 mins ago

NEW ORLEANS – Shrimpers trawling Louisiana waters Monday in the first commercial season since the Gulf disaster don’t know what dangers from the massive BP oil spill still lurk and what market there will be for their catch if consumers don’t believe the seafood is safe.

Perhaps the biggest fear is that some fisherman might try to sell oil-contaminated shrimp.

“If you see oily shrimp, you got to throw them back over. Go somewhere else. It’s all you can do. And you hope everyone else does the same,” said Dewayne Baham, 49, a shrimper from Buras.

9 With BP spill under control, US looks at drill ban

By CHRIS KAHN, DINA CAPPIELLO and HARRY R. WEBER, Associated Press Writers

Sun Aug 15, 8:30 am ET

NEW ORLEANS – Now that the worst offshore oil spill in U.S. history has effectively been stopped, the White House is considering an early end to its moratorium on deepwater drilling.

But four months after the explosion of the Deepwater Horizon, regulators have only started to make good on promises to overhaul drilling. Tough measures are stalled in Congress. A $1 billion emergency response network proposed by the industry won’t be operational for another year.

And while doomsday scenarios from the BP spill, like oil washing up the East Coast, have not come to pass, there are no guarantees that drilling will be any safer once it does resume.

10 Fishing legacy fades from some New England ports

By JAY LINDSAY, Associated Press Writer

Sun Aug 15, 12:26 pm ET

PLYMOUTH, Mass. – Mike Secondo remembers the days when Plymouth’s docks outshone its rock.

Tourists swarmed the town pier in the 1970s and ’80s, snapping pictures and bantering with commercial fishermen as they unloaded another shimmering haul for Secondo’s company, Reliable Fish, to truck to points south.

Secondo is convinced Plymouth tourists went home remembering the fishermen more than Plymouth Rock, which commemorates the Pilgrims’ landing in 1620.

11 Judge’s ruling uproots use of biotechnology beets

By MICHAEL LIEDTKE, AP Business Writer

Sat Aug 14, 10:41 pm ET

SAN FRANCISCO – A federal judge has revoked the government’s approval of genetically altered sugar beets until regulators complete a more thorough review of how the scientifically engineered crops affect other food.

The ruling by U.S. District Judge Jeffrey S. White Friday means sugar beet growers won’t be able to use the modified seeds after harvesting the biotechnology beets already planted on more than 1 million acres spanning 10 states from Michigan to Oregon. All the seed comes from Oregon’s Willamette Valley.

Additional planting won’t be allowed until the U.S. Department of Agriculture submits an environmental impact statement. That sort of extensive examination can take two or three years.

12 Stock market apt to stay difficult for some time

By JOYCE M. ROSENBERG, AP Business Writer

Sun Aug 15, 3:19 pm ET

NEW YORK – Get used to a difficult stock market.

It’s nearly four months since stocks reached their 2010 highs and began falling on investors’ doubts about the economic recovery. Some analysts say it could be another year before investors get up enough confidence to restart the rally.

The economy isn’t helping them. Last week, the Federal Reserve and two mass-market retailers, JCPenney Co. and Kohl’s Corp., lowered their outlooks for the rest of the year. The CEO of networking equipment maker Cisco Systems Inc. used the same words as Fed Chairman Ben Bernanke to describe the economy: unusually uncertain.

This morning on CNBC whiny Master of the Universe after Master of the Universe (all white guys by the way) complaining that cheap money is not enough, they need to have their taxes cut.

You see, it’s not easy enough to make money anymore.  You used to be able to park your billions in the carry trade.  Now you have to make decisions and stuff (well not stuff so much) and that takes away time from being able to enjoy your mansion in the Hamptons.

Pobrecitos.

Oh, and the reasons banks aren’t refinancing?  The home values aren’t high enough because of foreclosures and incomes aren’t high enough because of the Depression.

So it’s a vicious deleveraging (disinflationary) circle.

No self-awareness that maybe too much leverage was a bad thing.  No apologies at all.  And they ARE calling it ‘the new normal’.

So in addition to being dopes they’re also heartless bastards.

On This Day in History: August 16

This is your morning Open Thread. Pour a cup of your favorite morning beverage and review the past and comment on the future.

August 16 is the 228th day of the year (229th in leap years) in the Gregorian calendar. There are 137 days remaining until the end of the year.

On this day in 1896, Gold discovered in the Yukon.

While salmon fishing near the Klondike River in Canada’s Yukon Territory on this day in 1896, George Carmack reportedly spots nuggets of gold in a creek bed. His lucky discovery sparks the last great gold rush in the American West.

Hoping to cash in on reported gold strikes in Alaska, Carmack had traveled there from California in 1881. After running into a dead end, he headed north into the isolated Yukon Territory, just across the Canadian border. In 1896, another prospector, Robert Henderson, told Carmack of finding gold in a tributary of the Klondike River. Carmack headed to the region with two Native American companions, known as Skookum Jim and Tagish Charlie. On August 16, while camping near Rabbit Creek, Carmack reportedly spotted a nugget of gold jutting out from the creek bank. His two companions later agreed that Skookum Jim–Carmack’s brother-in-law–actually made the discovery.

 1513 – Battle of Guinegate (Battle of the Spurs) – King Henry VIII of England defeats French Forces who are then forced to retreat.

1777 – American Revolutionary War: The Americans led by General John Stark routed British and Brunswick troops under Friedrich Baum at the Battle of Bennington in Walloomsac, New York.

1780 – American Revolutionary War: Battle of Camden – The British defeat the Americans near Camden, South Carolina.

1792 – Maximilien Robespierre presents the petition of the Commune of Paris to the Legislative Assembly, which demanded the formation of a revolutionary tribunal.

1812 – War of 1812: American General William Hull surrenders Fort Detroit without a fight to the British Army.

1819 – Seventeen people die and over 600 are injured by cavalry charges at the Peterloo Massacre at a public meeting at St. Peter’s Field, Manchester, England.

1841 – U.S. President John Tyler vetoes a bill which called for the re-establishment of the Second Bank of the United States. Enraged Whig Party members riot outside the White House in the most violent demonstration on White House grounds in U.S. history.

1858 – U.S. President James Buchanan inaugurates the new transatlantic telegraph cable by exchanging greetings with Queen Victoria of the United Kingdom. However, a weak signal will force a shutdown of the service in a few weeks.

1865 – Restoration Day in the Dominican Republic: The Dominican Republic regains its independence after 4 years of fighting against the Spanish Annexation.

1868 – Arica, Peru (now Chile) is devastated by a tsunami which followed a magnitude 8.5 earthquake in the Peru-Chile Trench off the coast. The earthquake and tsunami killed an estimated 25,000 people in Arica and perhaps 70,000 people in all.

1869 – Battle of Acosta Nu: A Paraguay battalion made up of children is massacred by the Brazilian Army during the War of the Triple Alliance.

1870 – Franco-Prussian War: The Battle of Mars-La-Tour is fought, resulting in a Prussian victory.

1896 – Skookum Jim Mason, George Carmack and Dawson Charlie discover gold in a tributary of the Klondike River in Canada, setting off the Klondike Gold Rush.

1913 – Tohoku Imperial University of Japan (modern day Tohoku University) admits its first female students.

1913 – Completion of the Royal Navy battlecruiser HMS Queen Mary.

1914 – World War I: Battle of Cer begins.

1920 – Ray Chapman of the Cleveland Indians is hit in the head by a fastball thrown by Carl Mays of the New York Yankees, and dies early the next day. To date, Chapman is the second player to die from injuries sustained in a Major League Baseball game, the first being Doc Powers in 1909.

1929 – The 1929 Palestine riots break out in the British Mandate of Palestine between Arabs and Jews and continue until the end of the month. In total, 133 Jews and 116 Arabs are killed.

1930 – The first color sound cartoon, called Fiddlesticks, is made by Ub Iwerks.

1940 – World War II: The Communist Party is banned in German-occupied Norway.

1942 – World War II: The two-person crew of the U.S. naval blimp L-8 disappears without a trace on a routine anti-submarine patrol over the Pacific Ocean. The blimp drifts without her crew and crash-lands in Daly City, California.

1945 – An assassination attempt is made on Japan’s prime minister, Kantaro Suzuki.

1945 – Puyi, the last Chinese emperor and ruler of Manchukuo, is captured by Soviet troops.

1954 – The first edition of Sports Illustrated is published.

1960 – Cyprus gains its independence from the United Kingdom.

1960 – Joseph Kittinger parachutes from a balloon over New Mexico at 102,800 feet (31,330 m), setting three records that still stand today: High-altitude jump, free-fall, and highest speed by a human without an aircraft.

1962 – Pete Best replaced by Ringo Starr (Richard Starkey) as drummer for The Beatles.

1964 – Vietnam War: A coup d’etat replaces Duong Van Minh with General Nguyen Khanh as President of South Vietnam. A new constitution is established with aid from the U.S. Embassy.

1966 – Vietnam War: The House Un-American Activities Committee begins investigations of Americans who have aided the Viet Cong. The committee intends to introduce legislation making these activities illegal. Anti-war demonstrators disrupt the meeting and 50 people are arrested.

1969 – Day two of the Woodstock Festival.

1972 – The Royal Moroccan Air Force fires upon, in an unsuccessful coup d’etat attempt, Hassan II of Morocco’s plane while he is traveling back to Rabat.

1989 – A solar flare from the Sun creates a geomagnetic storm that affects micro chips, leading to a halt of all trading on Toronto’s stock market.

1992 – In response to an appeal by President Fernando Collor de Mello to wear green and yellow as a way to show support for him, thousands of Brazilians take to the streets dressed in black.

2003 – U.S. Representative from South Dakota Bill Janklow hits and kills a motorcyclist with his car at a rural intersection near Trent, South Dakota; he will eventually be convicted of manslaughter and will resign from Congress.

Holidays and observances

   * Children’s Day (Paraguay)

   * Christian Feast Day:

       * Roch

       * Simplician

       * Stephen I of Hungary

       * Translation of the Acheiropoietos icon from Edessa to Constantinople. (Eastern Orthodox Church)

       * August 16 (Eastern Orthodox liturgics)

   * Gozan no Okuribi (Kyoto, Japan)

   * Independence Day, celebrates the independence of Gabon from France in 1960.

   * Restoration Day (Dominican Republic)

   * Xicolatada (Palau-de-Cerdagne, France)

The Morning Shinbun Monday August 16




Monday’s Headlines:

Mass evacuation in Pakistan

Collector doesn’t want these tracks in the trash

USA

From Vietnam to New Orleans, he’s no stranger to catastrophe

In venture with Temple U., Park Service combats looming shortage of rangers

Europe

Danish naval team sent to ‘take on’ Greenpeace ship

Battle over legacy of father of Art Nouveau

Middle East

Gaza doctor writes book of hope despite death of three daughters

Former Israeli official acknowledges ‘mistakes’ over storming of ships

Asia

China denies milk powder caused infant breasts

Japan GDP figures show sharp slowing of economic growth

Africa

Kenya referendum: How groups came together to prevent violence

Mass evacuation in Pakistan



MONDAY, AUGUST 16, 2010  

An evacuation effort on a massive scale is continuing in Pakistan as tens of thousands of people flee another wave of floodwater in the south of the country.

The swollen Indus river has burst its banks in Pakistan’s southern Sindh province on Monday, swamping hundreds of towns and villages.

In the province’s city of Jacobabad, the Pakistani army continued helicopter flights to rescue people stranded by the rising water.

Collector doesn’t want these tracks in the trash

Murray Gershenz said he hoped a museum or college would acquire his rare 400,000-album collection. That hasn’t worked out, so his next stop could be a dumpster.

By Bob Pool, Los Angeles Times

August 15, 2010|6:25 p.m.  


For the record, “Music Man Murray” has tried his best to keep his rare 400,000-album collection intact.

Murray Gershenz has spent 72 years amassing his music trove, after all. He has century-old operatic performances captured on Edison cylinder tubes, 1930s-era Big Band crooners on fragile 78-rpm discs, early rockers on 45s, show tunes on LPs and pop artists on cassette tapes and CDs.

The collection is crammed into homemade shelves in a two-story cinderblock building on Exposition Boulevard, as well as two nearby warehouses.

USA

From Vietnam to New Orleans, he’s no stranger to catastrophe    

To shrimper Kha Van Nguyen, the sea has always been his life, his savior. But since the gulf oil spill, the future looks bleak.

By My-Thuan Tran, Los Angeles Times

August 16, 2010


Reporting from New Orleans – On the sea, it doesn’t matter that Kha Van Nguyen knows few phrases of English. On his 92-foot boat he is Captain Nguyen, a man who understands the subtle clues of the wind and water.

He doesn’t dwell on the backaches that remind him he’s no longer a young man. He dreams of discovering a huge school of shrimp so he can shout to his deckhands, Chien thang! Victory!

In venture with Temple U., Park Service combats looming shortage of rangers



By Lorraine Mirabella

Washington Post Staff Writer

Monday, August 16, 2010


Lytia Solomon had never met a park ranger or taken a family vacation to a national park. And growing up in Philadelphia as a “complete urban city girl,” she never knew what a park ranger did.

Yet the rising college sophomore with an interest in criminal justice discovered that such a career path could be right up her alley, thanks to a new initiative that’s recruiting college students to help combat a looming shortage of National Park Service rangers.

Europe

Danish naval team sent to ‘take on’ Greenpeace ship

Special forces to confront vessel targeting ‘dangerous’ deep sea oil drilling sites in wake of BP oil rig disaster

Press Association

The Guardian, Monday 16 August 2010


A special forces naval team has been sent to confront a Greenpeace ship which is on a mission to target “dangerous” deep sea oil drilling sites, the environmental group claimed yesterday.

The Esperanza left London last week to highlight problems with oil that go “far beyond” the disaster at BP’s Deepwater Horizon rig in the Gulf of Mexico.

Greenpeace has not revealed which of 10 deep water drilling locations, including Brazil, the Arctic, Nigeria and the Atlantic west of Shetland, it plans to target but has pledged to confront the industry head-on over its “reckless” pursuit of oil.

Battle over legacy of father of Art Nouveau

Prague authorities are demanding Mucha’s masterpiece be moved to the capital  

By Tony Paterson in Berlin Monday, 16 August 2010

He is perhaps best-known for his distinctive Art Nouveau lithographs depicting robust, goddess-like maidens with elaborate tresses, bared flesh and flowing robes that were used to advertise mundane items like French roll-your-own cigarette papers a little more than a century ago.

Suddenly, however, the work of Alphonse Mucha, the acclaimed Czech painter, has become the focus of a blistering row in his homeland where the Prague city government, a provincial town council and his grandson are all at loggerheads over a huge collection regarded as the artist’s masterpiece.

Middle East

Gaza doctor writes book of hope despite death of three daughters

Izzeldin Abuelaish’s moving book charts harsh realities of life in Gaza and details harrowing family tragedy that may have halted Israeli offensive

Harriet Sherwood in Jabalia

On a cool but sunny December day in Gaza, Dr Izzeldin Abuelaish took his eight children to the beach for the simple pleasures of paddling in the Mediterranean and playing in the sand.

Two months earlier, the children’s mother had died from acute leukaemia, and Abuelaish was comforted to see his older daughters laughing and chatting as they wrote their names in the damp grains close to the water’s edge: Bessan, Maya, Aya. “It was as close to heaven and as far from hell as I could get that day,” he later wrote.

Former Israeli official acknowledges ‘mistakes’ over storming of ships

The Israeli intelligence service made mistakes during the deadly storming of ships taking aid to the Gaza strip, a former military official has acknowledged.

Published: 6:00AM BST 16 Aug 2010  

Nine civilians were killed after Israeli commandos boarded the flotilla carrying 10,000 tonnes of aid en route from Cyprus in May.

Retired Major General Giora Eiland, who led the Israeli military inquiry into the storming of the Mavi Marmara, told the BBC’s Panorama programme that planning for the operation had been lacking.

He explained: “Certain mistakes were made by the Israeli forces, both by the intelligence and by the commanders of the navy … there was under estimation of the potential resistance on the ship.

Asia

China denies milk powder caused infant breasts

 

By Clifford Coonan in Beijing Monday, 16 August 2010

The Chinese health ministry said yesterday it has found no evidence that baby milk powder caused three infant girls to grow breasts. Parents and doctors in the central province of Hubei had said they were concerned that milk powder produced by Synutra International had caused at least three girls to develop prematurely.

Experts tested products made by Synutra and 20 other brands to compare the levels of oestrogen in dairy products. Deng Haihua, a health ministry spokesman, said the probe found the hormone content of the milk powder was within normal standards. “The Ministry of Health experts’ group believes that there is no relationship between the premature development of breasts in the three infants in Hubei and Synutra milk powder,” he said.

Japan GDP figures show sharp slowing of economic growth

Economic growth in Japan weakened significantly in the last financial quarter, official figures show.

The BBC  16 August 2010  

Between April and June this year gross domestic product – the sum of the nation’s goods and services – grew by 0.1%, much lower than expected.

Analysts say the country’s export-led recovery appears to be faltering as the value of the yen appreciates.

Japan’s close rivals, Germany and the US, recently reported far superior GDP figures for the same period.

Germany registered a 2.2% rise, while the US economy grew at an annualised rate of 2.4%.

Africa

Kenya referendum: How groups came together to prevent violence

Ahead of the historic Aug. 4 Kenya referendum, observers warned of a recurrence of the ethnic violence that killed more than 1,300 after the 2007 presidential vote. But key groups helped make sure that did not happen.

By Mike Pflanz, Correspondent / August 15, 2010

Eldoret, Kenya

For Robert Kipkorir, sipping tea by the roadside while young men washed his pickup truck early one recent morning, the fact that this month’s highly charged Kenya referendum passed peacefully was no surprise.”There was no reason to fight, because no one had been cheated, no one felt they were an enemy to anyone else,” the passionfruit farmer says.

He concedes that he opposed the country’s new Constitution – passed with 67 percent support in the Aug. 4 vote – but he has accepted the result because “we lost fair and square.”

Ignoring Asia A Blog

Another Glass Ceiling Cracked

At last there is a woman Gondolier navigating the canals of Venice. Congratulations, Giorgia.

Photobucket

Venice has finally broken with centuries of tradition by appointing its first ever female gondolier.

Prime Time

D-d-d-d-d-Dora.  If I’ve not properly transcribed the stuttering I apologize for my horrible human hands.  As with Phineas and Ferb the format is fairly rigid, like a poem.  I can sing the Map Song and the Back Pack Song.  I know how to stop Swiper from swiping.

“Swiper! No Swiping!”

Louder!

“Swiper! No Swiping!”

Oh, man!

We did it!  What part did you like best?  I liked that part too.

Later-

Later.

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