Liberty Newspost Aug-11-2012

Curated News Edition
- 11/08/12
http://www.LibertyNewspost.com
Strong earthquakes hit northwest Iran - Christian Science Monitor

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Clang-clang! US rolling over China in gold, total medal count LubbockOnline.com

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Submitted at 8/11/2012 12:39:26 PM
fault lines and has suffered several devastating earthquakes in Submitted at 8/11/2012 1:44:21 PM recent years, including a 6.6. Two earthquakes struck 11 magnitude quake in 2003 which minutes apart in northwest Iran turned the southeastern historic Saturday. The US Geological city of Bam into dust and killed Survey measured the first quake more than 25,000 people. at 6.4 magnitude, while the The US Geological Survey second quake measured 6.3. measured Saturday's first quake at By Marcus George, Zahra 6.4 magnitude and said it struck Hosseinian, and Jon Hemming), 60 kilometers (37 miles) northeast Reuters of the city of Tabriz at a depth of posted August 11, 2012 at 2:42 9.9 kilometers (6.2 miles). A pm EDT Dubai second quake measuring 6.3 Two strong earthquakes struck struck 49 kilometers (30 miles) northwest Iran on Saturday, northeast of Tabriz 11 minutes k i l l i n g 8 7 p e o p l e , i n j u r i n g later at a similar depth. ( See map hundreds and scaring thousands here.) into fleeing their homes as There have been at least 18 aftershocks continued to hit the aftershocks since then, Iranian area, Iranian state media said. media said. Iran is straddled by several major The second quake struck near the [unable to retrieve full-text content] [unable to retrieve full-text content]
town of Varzaghan ( see map here). "The quake was so intense that people poured into the streets through fear," Fars news agency said of the town. The head of the crisis center in Iran's East Azerbaijan Province where the quakes struck said 87 people had been killed, Fars said. Some 600 had been injured, the agency added. Some 210 people in Varzaghan and Ahar have been rescued from under the rubble of collapsed buildings, the official IRNA news agency said, quoting a local official. Tabriz is a major city and trading hub far from Iran's oil producing areas and known nuclear facilities. Though buildings in the city are substantially built, homes
and businesses in Iranian villages are often made of concrete blocks or mud brick that can crumble and collapse in a strong quake. A local provincial official urged people in the region to stay outdoors during the night for fear of aftershocks, according to IRNA. Lawmaker Abbas Falah said people in the region are in need of bread, tents and drinking water. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
The Atlantic Clang-clang! US rolling over China in gold, total medal count LubbockOnline.com LONDON With a surge of medals in track and field, the United States has sprinted ahead of China and is poised to finish atop the medals table at the London Olympics maybe with the most golds ever collected by the Americans on foreign soil... China questions fairness of London 2012 Olympics Alaska Dispatch London Olympics Medal Count: US Heading For Win Over China In Both Medals... Huffington Post all 1,906 news articles
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Romney's choice of Ryan reshapes race for White House

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Ryan's controversial budget plan that would include reductions in health programs for the elderly By Steve Holland and poor. NORFOLK, Virginia| Sat Aug Welcomed onstage by Romney 11, 2012 1:05pm EDT before a cheering, flag-waving ( R e u t e r s ) - R e p u b l i c a n crowd in front of the retired p r e s i d e n t i a l c a n d i d a t e M i t t battleship USS Wisconsin, Ryan Romney announced Wisconsin said the United States is in a Congressman Paul Ryan as his "dangerous" moment of trillionvice presidential running mate on dollar budget deficits and rising Saturday in a move that could national debt. dramatically shift the race for the "We're running out of time and White House into a debate over we can't afford four more years of reducing government spending this," said Ryan, 42, who has been and debt. in Congress for 13 years. Romney, needing a burst of "Politicians from both parties energy for his campaign after have made empty promises which falling behind Democratic will soon become broken President Barack Obama in recent p r o m i s e s w i t h p a i n f u l p o l l s , m a d e t h e b o l d y e t consequences if we fail to act potentially risky selection of the now." conservative budget hawk after And Ryan, in what could be ruling out more conventional taken as an acknowledgement that candidates - such as Ohio Senator the Republican campaign is R o b P o r t m a n a n d f o r m e r willing to engage in a risky debate Minnesota governor Tim over spending on popular Pawlenty - whose impact on the p r o g r a m s , s a i d : race likely would have been more "President Obama and too many benign. like him in Washington have Now, Romney's choice of the r e f u s e d t o m a k e d i f f i c u l t powerful chairman of the House decisions, because they are more o f R e p r e s e n t a t i v e s B u d g e t worried about their next election Committee is likely to turn the than they are about the next campaign - which has focused generation. largely on the economy and a "We won't duck the tough issues," series of nasty attacks by both Ryan said. "We will lead. We sides - into more of a debate over won't blame others; we will take government spending, specifically responsibility."
Submitted at 8/11/2012 12:05:50 PM
Ryan, a Catholic who is a fitness aficionado and avid deer hunter, is a favorite of the anti-tax, limitedgovernment Tea Party movement. He drew his biggest reaction on Saturday when he said that "our rights come from nature and God, not from government." His selection drew immediate fire from Democrats, who said they relished the opportunity to showcase Ryan's proposed reductions for Medicare and other social programs in their campaign. "Mitt Romney has chosen a leader of the House Republicans who shares his commitment to the flawed theory that new budgetbusting tax cuts for the wealthy, while placing greater burdens on the middle class and seniors, will somehow deliver a stronger economy," Obama campaign manager Jim Messina said. Several Democrats have said that among the potential running mates for Romney, Ryan was the one they would most like to face because of his budget proposals. Others questioned why Romney, who had a series of gaffes in a recent overseas trip that was designed to show he could handle foreign relations, would pick a running mate with virtually no experience in foreign policy. And even some Republicans wary about how Ryan's selection
would be perceived among older Americans who rely on government-backed health and retirement programs in key election states such as Florida are privately concerned that Romney might be taking too much of a gamble with this choice. Republican strategist Juleanna Glover acknowledged that Obama's campaign will bash the Ryan budget plan but said that "this gives Romney something no amount of ads have been able to do - the ability to stand for something. The greatest handicap in his political career has been erased." A ROUGH TIME FOR ROMNEY The Ryan choice comes during a period in which Romney - a former private equity executive with an estimated net worth of up to $250 million - has been on the defensive over Democrats' questions over how much he has paid in income taxes. Romney has refused to release more than two years of his tax returns, leading Democrats to say he has something to hide about his vast wealth, which has included a Swiss bank account and accounts in offshore tax havens. Polls suggest that Obama has been helped this summer by Democrats' efforts to cast Romney
as a wealthy former private equity executive who is out of touch with middle-class America. For Romney, an outsider to Washington, Ryan would provide some expertise in dealing with Congress. But Ryan is a Washington insider without business or executive experience. Unlike many of his colleagues, who made their names at home and then came to Washington, Ryan got his start as a Hill intern and aide and then went back to Janesville, Wisconsin, to run for office, getting elected to Congress in 1998. That is in sharp contrast to Romney, who has been critical of Washington insiders and says his years in private equity as a founder of Bain Capital have given him insight into the needs of U.S. businesses. That inconsistency on the Republican ticket could be a problem, some analysts said. The vice presidential announcement, at the start of a four-day campaign tour through the crucial states of Virginia, North Carolina, Florida and Ohio, could give Romney some momentum and energize conservatives who still view him warily at a key time in his ROMNEY'S page 7
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It's Paul Ryan: Romney picks Wis. Rep. for No. 2 - The Associated Press
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Submitted at 8/11/2012 1:32:00 PM
The two Republican ticket mates basked in the cheers of supporters in a made-for-television debut on It's Paul Ryan: Romney picks a ticket hoping to make Obama's Wis. Rep. for No. 2 first term his last. "I did not make By By KASIE HUNT 22 a mistake with this guy," Romney minutes ago exulted. N O R F O L K , V a . ( A P ) Romney declared that in the R e p u b l i c a n M i t t R o m n e y campaign to come, Republicans anointed Wisconsin Rep. Paul will present economic solutions Ryan, an ardent conservative and "that are bold, specific and devoted budget cutter, as his vice achievable. ... We offer our presidential running mate on commitment to help create 12 Saturday, and the two men million new jobs and to bring immediately embarked on a tour better take-home pay to middle of campaign battleground states class families." vowing to defeat President Barack The party establishment, rankObama and repair the long-ailing and-file conservatives and tea U.S. economy. party groups all cheered the pick America is "a nation facing debt, made by Romney, whose own d o u b t a n d d e s p a i r , " a n d a record as a moderate during his t r a n s f o r m a t i v e c h a n g e i n term as Massachusetts governor leadership is vital, Ryan declared less than a decade ago made his to a flag-waving crowd in the first m a r c h t o t h e p r e s i d e n t i a l m o m e n t s a f t e r R o m n e y nomination an uneven one. introduced him as his partner for Obama's campaign didn't wait the fall campaign. long to respond. It criticized the "Regrettably, President Obama budget blueprints Ryan has has become part of the problem... a u t h o r e d , p a r t i c u l a r l y h i s and Mitt Romney is the solution," r e c o m m e n d a t i o n s to said the seven-term lawmaker, fundamentally remake Medicare who at 42 is a generation younger a n d c u t $ 5 . 3 t r i l l i o n i n t h a n R o m n e y , 6 5 . R y a n i s government spending over the chairman of the House Budget coming decade. Committee, the chief architect of Ryan joins a race that has been deeply controversial budget plans defined from the beginning by a and widely viewed by Republican w e a k e c o n o m y a n d h i g h lawmakers as an intellectual unemployment, measured most leader within the party. recently at 8.3 percent in July.
Even so, recent national polls as well as surveys in several battleground states indicate a narrow advantage for Obama. While Romney's pick unified Republicans, the impact in swing states such as Florida, Iowa and Pennsylvania was an open question. All are home to large numbers of seniors whose reaction to Ryan's prescription for Medicare is certain to be tested by Democrats. Ryan's selection as well as Romney's own nomination will be ratified by delegates to the Republican National Convention that begins on Aug. 27 in Tampa, Fla. Obama and Vice President Joe Biden will be nominated for a second term at the Democratic convention the following week. The vice president called Ryan to congratulate him on his selection, the president's campaign said. The GOP ticket made its debut at a naval museum in Norfolk, Va., opening stop of a long-planned bus tour through four states in as many days. A trip to Ryan's home state was added to previously scheduled appearances in Virginia, North Carolina, Florida and Ohio. The USS Wisconsin, berthed at the museum, provided a buntingdraped backdrop, a symbol of the nation's military strength as well
as an obvious reference to Ryan's home state. First Romney, then Ryan, jogged down the ship's gangplank to the cheers of hundreds and the stirring soundtrack from the movie "Air Force One." As his family came on stage, Ryan knelt to embrace his daughter, Liza, 10, and sons Charles, 8, and Sam 7, before kissing his wife, Janna. Later, the two held a rally in Ashland, Va., where Ryan said he had good news and bad news. The bad news is that "President Obama is the president of the United States, and the good news is that on November the 6th he won't be any longer," he said. A fired-up crowd cheered Romney and Ryan, supporters on bleachers at one point stamping their feet to create a loud rumble. One campaign official said Romney settled on Ryan on Aug. 1, more than a week ago, and informed Beth Myers, the longtime aide who had shepherded the secretive process that led to the selection. The official spoke on condition of anonymity, not authorized to be named in providing details. Romney and Ryan had an unannounced meeting last Sunday, and the congressman accepted the offer, campaign officials said.
Asked during the day if accepting the offer was an easy decision, Ryan replied, "It was, it was, we've got to save the country." In making his pick, Romney bypassed other potential running mates, including Ohio Sen. Rob Portman, Florida Sen. Marco Rubio, former Minnesota Gov. Tim Pawlenty, Virginia Gov. Bob McDonnell and New Jersey Gov. Chris Christie. Officials said he had called all five to notify them of his decision. "I am deeply excited and honored to join you as your running mate," Ryan said in his first words at Romney's side. Democrats took a dim view of Ryan's record. "The architect of the radical Republican House budget, Ryan, like Romney, proposed an additional $250,000 tax cut for millionaires and deep cuts in education, from Head Start to college aid," Jim Messina, the president's campaign manager, said in a written statement. "His plan would also end Medicare as we know it by turning it into a voucher system, shifting thousands of dollars in health care costs to seniors." There was one unscripted moment during the day, when Romney mistakenly introduced IT'S page 8
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U.S., Turkey to explore imposing Syria nofly zone

(Reuters: Top News)
without doing intense analysis and operational planning," she said. Though possible intervention By Hadeel Al Shalchi appears to be a distant prospect, ALEPPO, Syria| Sat Aug 11, her remarks were nevertheless the 2012 1:29pm EDT closest Washington has come to (Reuters) - The United States and suggesting direct military action Turkey indicated on Saturday they in Syria. w e r e s t u d y i n g a r a n g e o f No-fly zones imposed by NATO measures, including a no-fly zone, and Arab allies helped Libyan as battles between Syrian rebels rebels overthrow Muammar and President Bashar al-Assad's Gaddafi last year. Until recently, forces shook Aleppo and the heart the West had shunned the idea of of Damascus. repeating any Libya-style action. U.S. Secretary of State Hillary Saudi Arabia and Qatar are Clinton said after meeting her believed to be arming Syrian T u r k i s h c o u n t e r p a r t A h m e t rebels, while the United States D a v u t o g l u i n I s t a n b u l t h a t and Britain have pledged to step Washington and Ankara should up non-lethal assistance to Assad's develop detailed operational opponents. planning on ways to assist the Davutoglu said it was time rebels fighting to topple Assad. outside powers took decisive steps "Our intelligence services, our to resolve the humanitarian crisis military have very important in cities such as Aleppo, where responsibilities and roles to play Assad's forces have fought rebels so we are going to be setting up a for three weeks. working group to do exactly that," JETS, TANKS IN ACTION she said. In the latest battles, tanks and Asked about options such as troops pummeled rebels near the imposing a no-fly zone over rebel shattered district of Salaheddine, a -held territory, Clinton said these former opposition stronghold that w e r e p o s s i b i l i t i e s s h e a n d commands the main southern Davutoglu had agreed "need approach to Aleppo. greater in-depth analysis", while Tank fire crashed into the indicating that no decisions were a d j a c e n t S a i f a l - D a w l a necessarily imminent. neighborhood as military jets "It is one thing to talk about all circled over an abandoned police kinds of potential actions, but you station held by rebels, firing cannot make reasoned decisions missiles every few minutes.
Submitted at 8/11/2012 12:29:40 PM
Insurgents said they had been forced to retreat in the latest twist in relentless, see-saw battles for Salaheddine, part of a swathe of Aleppo seized by rebels last month. Some rebels, outgunned and low on ammunition in Aleppo, have pleaded for outside military help, arguing that more weapons and a no-fly zone over areas they control near the Turkish border would give them a secure base against Assad's forces. "The reason we retreated from Salaheddine this week is a lack of weapons," complained Abu Thadet, a rebel commander in Aleppo who said his fighters would regroup and fight back. "We can handle the bombing. It's the snipers that make it hard." Ten of the 30 fighters in his brigade have been wounded, mostly by snipers lurking even in areas rebels claim to control. His men have broken holes in walls of buildings to try to create safe passages for them to move around in Salaheddine. In Damascus, where Assad's forces have regained control of districts overrun by rebels last month, a resident reported an explosion near the Central Bank, followed by gunfire. "The explosion was huge. There has been fighting for the past halfhour along Pakistan Street. I am
very close. Can you hear that?" she told Reuters, a bang audible over the telephone. Syrian state TV said authorities were hunting "terrorists" who had set off a bomb in Merjeh, an area near the central bank, and who were "shooting at random to spark panic among citizens". The pro-opposition Syrian Observatory for Human Rights said 40 people were killed across Syria on Saturday. END GAME BEGINS? Despite their superior firepower, Assad's forces have been stretched by months of warfare against increasingly skilled and organized fighters who have taken them on in every city and in many parts of the countryside at one time or another. Germany's spy chief said the Syrian army had been depleted by casualties, deserters and defectors. "There are a lot of indications that the end game for the regime has begun," said Gerhard Schindler, head of the BND intelligence agency, in an interview with Die Welt newspaper. "The regular army is being confronted by a variety of flexible fighters. The recipe of their success is their guerrilla tactics. They're breaking the army's back." Syria's torment, however, is far from over and several signs point
to how the conflict could spill over into its neighbors. Jordanian and Syrian forces clashed along the border overnight when Syrian refugees tried to cross into Jordan, a Syrian opposition activist who witnessed the fighting said. He said armored vehicles were involved in the clash in the Tel Shihab-Turra area, about 80 km (50 miles) north of Jordan's capital, Amman. No deaths were reported on the Jordanian side. Thousands of Syrians have fled into Jordan, but tensions heightened after Assad's newly installed prime minister, Riad Hijab, defected and escaped across the border this week. In Lebanon, Michel Samaha, a former information minister and Assad ally, faces military indictment for his alleged part in "terrorist plots" which included transporting explosives from Syria for use in north Lebanon, a Lebanese security source said. Lebanon, still scarred by its 1975 -90 civil war, is nervous about instability spreading from Syria and shattering its own delicate sectarian power-sharing balance between Shi'ite and Sunni Muslims, Christians and other minorities. Assad's main outside allies are U.S., page 7
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US and Turkey to Tighten Coordination on Syria - New York Times

DAMIEN CAVE (Top Stories Google News)
Submitted at 8/11/2012 1:39:56 PM
Goran Tomasevic/Reuters A rebel fighter prepared to fire a rocket-propelled grenade at a tank in central Aleppo, Syria. Fierce fighting was reported there on Saturday as well as in Damascus. ISTANBUL Turkey and the United States agreed Saturday to accelerate preparations for the possible fall of Syrias president, Bashar al-Assad, creating a formal bilateral team to manage helping the opposition, providing aid to fleeing refugees and planning for worst-case outcomes that include a chemical weapons attack. U.S. Secretary of State Hillary Clinton and Turkish Foreign Minister Ahmet Davutoglu. At a news conference here, Secretary of State Hillary Rodham Clinton and Turkeys foreign minister, Ahmet Davutoglu, said that with the situation in Syria growing more dire as the battle for Aleppo continues to rage it was time to create a nerve center for information sharing and planning. They said a unified task force with intelligence, military and political leaders from both countries would be formed immediately to track Syrias present and plan for its future.
What the minister and I agreed to was to have very intensive operational planning, Mrs. Clinton said. We have been closely coordinating over the course of this conflict, but now we need to get into the real details. Mrs. Clinton, who also announced an additional $5.5
million in humanitarian assistance for refugees, left open the possibility of setting up a no-fly zone, suggesting that the new planning team assigned to perform an intense analysis of all options could be a precursor to more direct assistance. But she stopped short of describing specific plans for helping Syrias
opposition fighters now, or the timing. The day after protesters in Aleppo chanted Arm us with antiaircraft weapons, American officials said the United States remained concerned about providing weapons or air support because it could draw a violent response, not just from Syria, but
also from Russia, Iran and other allies of Mr. Assads that have strongly opposed direct foreign intervention to topple the government. Hinting at fears of a wider war, Mrs. Clinton said Saturday that the goal was to hasten the removal AND page 6
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AND
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of Mr. Assad, but not in a way that produces even more death, injury and destruction. Turkey is a natural hub for any kind of action in Syria. A former Syrian ally, it declared its allegiance with the rebels; many Syrian opposition groups are based in Turkey, and its Syrian border has become the main distribution point for weapons and assistance to the rebels, who have opened an off-again-on-again supply corridor from the border to Aleppo. On Saturday, Mr. Davutoglu spoke more forcefully than Mrs. Clinton on the need for action. Describing the humanitarian crisis in Aleppo and the plight of refugees fleeing on roads under attack from Syrian forces, he said, The international community needs to take some very decisive steps to stop this. But in practice, analysts said the United States and Turkey, along with a wider group of allies known as the Friends of Syria, continue to hold back. Saturdays announcement still amounts to a policy of life support, some argue, giving enough help to keep the rebel movement alive and minimizing intervention while figuring out what to do next. The friends of Syria have developed a stake in making sure the opposition is simply not wiped out, said Ilter Turan, an international relations professor at [unable to retrieve full-text content]
Bilgi University in Istanbul. That becomes the ruler to measure this by. After 17 months of conflict and at least five months of the American focus on nonlethal assistance, some signs of international help have recently been seen. More rebel commanders in Syria have satellite phones and ways to mask their communications. Qatar and Saudi Arabia have been leading the effort to arm Mr. Assads opponents, and United States intelligence officials have helped select recipients, according to American officials. Rebels and activists say such assistance so far has been nowhere near enough. We dont want food or money; all we need are weapons. We are running low, said Abu Mohammed, a rebel brigade commander in Aleppo. We need antiaircraft missiles and we have a big need for live ammunition. The meeting between Turkey and the United States was part of a flurry of diplomatic activity that underlines the severity of the crisis and the fears of escalating war. Arab foreign ministers plan to meet on Sunday in Jidda, Saudi Arabia, to discuss developments in Syria and to consider selecting a replacement for Kofi Annan, the United Nations-Arab League envoy who resigned this month.
And on Thursday, Iran, Syrias main ally, hosted its own meeting of 30 countries to discuss Syria another sign that the worlds powers see Syria as a proxy for wider battles. On Saturday, a high-ranking diplomat told Iranian news media that the country had evacuated hundreds of its citizens from Syria. In the past few days we have succeeded in transferring some of these dear people back to our Islamic republic, said Irans ambassador to Syria, Mohammad Raouf Sheibani. The move comes after the recent kidnapping of 48 Iranians, who Tehran says are pilgrims but Syrian rebels accuse of being members of the Islamic Revolutionary Guards Corps. In the meantime, the war grinds on. Syrias state-run news agency reported that rebels had captured one of its television crews in Damascus, the latest indication that at least some in the opposition consider all supporters of the government their enemies. Rebels said that there was fierce fighting Saturday not only in Aleppo, but also in Damascus. Despite pleas for foreign help, the rebels said they would find their own ways to survive and advance. On Saturday, fighters from the main brigade in Aleppo posted a video purportedly showing the successful seizure of
a government weapons arsenal. Dozens of automatic weapons stood in piles alongside steel green boxes of ammunition as rebels could be heard declaring, God is great. Even if the United States and its allies do not come to help, Abu Mohammed said, the revolt will survive. Im not worried they havent helped before, and yet we keep fighting, he said. We rely on God; we are all martyrs for the revolution. Reporting was contributed by Dalal Mawad from Ehden, Lebanon; Hwaida Saad from Antakya, Turkey; an employee of The New York Times from Damascus, Syria; and Thomas Erdbrink from Tehran. A version of this article appeared in print on August 12, 2012, on page A 8 of the New York edition with the headline: U.S. and Turkey to Tighten Coordination on Syria. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Mitcham won't deny China Olympic gold in diving - Nevada Appeal

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Submitted at 8/11/2012 1:38:23 PM
BBC Sport Mitcham won't deny China Olympic gold in diving Nevada Appeal Four years ago in Beijing, Mitcham's surprise win prevented China from a sweep of all eight diving golds before its home fans. "Coming 13th and missing out by one spot is really hard," Mitcham said. "If I had come 18th it would have been easy to say... China set to match diving gold haul from '08 ESPN all 289 news articles
National pride runs through Olympics, now as ever

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Submitted at 8/11/2012 1:27:52 PM
Given the depths of his anguish, you might have thought Wu Jingbiao had lost a loved one. Heaving with shame, the double world champion weightlifter wept like a child in the arms of the TV reporter interviewing him.
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ROMNEY'S
campaign. It is likely to add excitement for the conservatives who make up the party's core and will be out in force at the Republican National Convention - where Romney will be named the party's official presidential nominee - in Tampa, Florida, during the last week of August. "We are offering a positive, governing agenda that will lead to economic growth, to widespread and shared prosperity, and that will improve the lives of our fellow citizens," Romney said. The announcement thrilled conservatives who staged a late push to promote Ryan whose Midwestern home state favors the Democrats but which could now be in play with a native son on the ticket. "This is excellent news," said Joanne Terry, a Tea Party organizer in Ozaukee County, north of Milwaukee. "I'm excited. I'm in tears." She said she waffled for a "long time" as to which Republican candidate to back. "Weighing the options, he
(Romney) was the best, but now with Ryan, he is definitely the best," said Terry, who lives in Mequon. South Carolina-based Republican strategist Adam Temple said the Ryan choice suggests Romney is thinking beyond November. "Any choice Mitt Romney had to make carried risks, but the reward is greater in this case. Paul Ryan has a clear understanding of the economy and how to improve it, one of Mitt Romney's top priorities, and they both have demonstrated chemistry on the campaign trail," he said. FORMING A TEAM Romney and Ryan bonded during the Republican primary battle in Wisconsin last spring when Ryan enthusiastically campaigned with the 65-year-old candidate and together they visited cafes and businesses. But their personal chemistry does not mean Romney endorses all aspects of the Ryan budget, Romney aides said Saturday, making clear that Romney would propose his own fiscal plans. Ryan had begun work on a
budget blueprint of his own before Republicans captured the House in the 2010 mid-term elections. But it got little attention from reporters or Republican colleagues, who were not interested in associating themselves with a detailed list of budget cuts. By the fall of 2010, however, the budget and the deficit had become defining issues, thanks in part to the Tea Party movement. After Republicans took control of the House in January 2011, Ryan became chairman of the House Budget Committee. Suddenly he was one of the Republican Party's most visible and formidable leaders, and a frequent guest on cable news shows and the Republican speaking circuit. Ryan's budget plan, which passed the Republican-controlled House of Representatives last March despite significant Democratic opposition, aims to cut tax rates while also slowing the rapid growth of the federal debt. It would do so mainly by cutting back domestic programs that many Democrats have vowed to
protect. Ryan would set up a voucher-like system for the Medicare program to help beneficiaries buy private health insurance or give them access to the traditional fee-forservice plan. Another controversial portion of Ryan's budget is a plan to reduce the cost of Medicaid, the federally backed healthcare plan for the poor, by turning it into a block grant program for states. (Additional reporting by Richard Cowan and Sam Youngman; Editing by David Lindsey, Vicki Allen and Jackie Frank) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
DEFKALION' S LENR- from Discovery to Invention ZPEnergy

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Submitted at 8/11/2012 1:14:36 PM
ZPEnergy DEFKALION' S LENR- from Discovery to Invention ZPEnergy The paper demonstrates that DGTG has worked out an original process and has not taken it from Andrea Rossi. I hope the Hadjichristos paper will be thoroughly discussed because the LENR community can learn a lot of it. I hope the professional detractors...
U.S.,
Shi'ite Iran and Lebanon's Shi'ite Hezbollah movement. His ruling system is dominated by members of his Alawite minority, an offshoot of Shi'ite Islam. His foes are mostly from Syria's Sunni majority, who are backed by Sunni-ruled states such as Saudi Arabia, Qatar and Turkey, which are also regional rivals of
Iran. Arab foreign ministers will meet on Sunday in Jeddah to discuss the Syria crisis and who should replace Kofi Annan, the United Nations-Arab League envoy, a League official said. U.N. diplomats said veteran Algerian diplomat Lakhdar Brahimi could be named next
week as the new envoy for Syria. Annan quit after his peacemaking efforts proved futile in the face of divisions in the U.N. Security Council, where Russia and China have blocked Western attempts to speed Assad's exit. (Additional reporting by Oliver Holmes in Beirut, Andrew Quinn and Ayla Jean Yackley in
Istanbul, Erik Kirschbaum in Berlin, Louis Charbonneau in New York and Tamim Elyan in Cairo; Writing by Alistair Lyon; Editing by Angus MacSwan) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-
only/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
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IT'S
Ryan as the next president. He returned to the podium to say, "Every now and then I'm known to make a mistake. I didn't make a mistake with this guy. But I can tell you this, he is going to be the next vice president of the United States." As chairman of the House Budget Committee, Ryan is primary author of conservative tax and spending blueprints that the tea party-infused Republican majority approved over vigorous Democratic opposition in 2011 and again in 2012. They envision transforming Medicare into a program in which future seniors would receive government checks that they could use to purchase health insurance. Under the current program, the government directly pays doctors, hospitals and other health care providers. Ryan and other supporters say the change is needed to prevent the program from financial calamity. Critics argue it would impose ever -increasing costs on seniors. Other elements of the budget plan would cut projected spending for Medicaid, which provides health care for the poor, as well as food stamps, student loans and other social programs that Obama and Democrats have pledged to defend.
In all, it projects spending cuts of $5.3 trillion over a decade, and would cut future projected deficits substantially. It also envisions a far-reaching overhaul of the tax code of the sort Romney has promised. Romney and Ryan appeared comfortable with each other when they campaigned together earlier in the year. The former governor eagerly shared the microphone with the younger man and they shared hamburgers at a fast food restaurant. In making an endorsement before his state's primary last spring, Ryan said, "I picked who I think is going to be the next president of the United States I picked Mitt Romney. ... The moment is here. The country can be saved. It is not too late to get America back on the right track. ... It is not too late to save the American idea." Romney was the subject of an April Fools prank in which Ryan played a role. Romney showed up at a supposed campaign event where he heard Ryan calling him "the next president of the United States" only to find the room nearly empty. Ryan has worked in Washington for much of his adult life, a contrast to Romney, who frequently emphasizes his experience in business. He is also
well-known for his fiendish physical fitness workouts. His congressional district in southeast Wisconsin has something of a bipartisan voting record. Obama took 54 percent of (housing - Google News) the vote there in 2008, while the Submitted at 8/11/2012 1:24:23 PM congressman received 64 percent in winning re-election. AnnArbor.com The bus tour takes Romney Hikone housing community through Virginia, North Carolina, welcomes new fitness trail F l o r i d a a n d O h i o . A l l a r e AnnArbor.com battlegrounds where Obama won At this morning's grand opening, in 2008. Associated Press writers Bob Lewis in Norfolk, Va., Brian Bakst in St. Paul, Minn., Thomas Beaumont in Des Moines, Iowa, and David Espo, Steven Peoples, Matthew Daly and Ken Thomas in Washington contributed to this story. Copyright 2012 The Associated Press. All rights reserved. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work. Sam Ro (Business Insider)
Hikone housing community welcomes new fitness trail AnnArbor.com

Dalton and a group of children who live in the Hikone community, a public- housing development for families, demonstrated all of the fitness stations. The stations are located along the perimeter of the neighborhood with...
Rising tide of protest TheMercury.com.au

(Nation - Google News)
Submitted at 8/11/2012 11:09:23 AM
Goldman's Entire Outlook For The Economy And Markets In One Huge Slide
Submitted at 8/11/2012 1:59:00 PM
Here's a slide from Goldman Sachs' latest US Weekly Kickstart. Please follow Money Game on Twitter and Facebook. Join the conversation about this story
TheMercury.com.au Rising tide of protest TheMercury.com.au UNITED: Hundreds of boats cross the River Derwent yesterday to protest the FV Margiris, due to arrive this month. Picture: NIKKI DAVIS-JONES ABOUT 1600 people crossed the River Derwent on hundreds of boats yesterday to protest the imminent arrival of... 200 boats join Derwent supertrawler protest The Australian Mixed reaction to arrival of super -trawler in our waters Adelaide Now Flotilla joins rally against super trawler ABC Online Brisbane Times all 79 news articles
The 16 Women Who Rule The World

Tara Block (Business Insider)
Submitted at 8/11/2012 1:06:00 PM
Mumbai burns over Assam riots, 2 dead, alert sounded in state - IBNLive.com
No matter what side you're on this election season, there's probably something we can all agree on: it would be nice to see a woman reach America's highest office. Ever since George Washington took office in 1789, the presidency has remained a boys club. We're still hopeful, though, that a female US president is in our near future, thanks in big part to all the women world leaders who've led the way. These female heads of state and government, who've been elected in recent years in countries like Germany, Jamaica, Australia, Thailand, and Argentina, are paving the road for America. If those countries can do it, why can't we? Learn more about the women ruling the world now. Angela Merkel, Germany Country: Germany Position: Chancellor Claim to Fame: A former chemist, Angela is the first female chancellor of Germany and was elected in 2005. Two years later she became only the second woman (after Margaret Thatcher) to become the president of the European Council and chair the G8. Last year Forbes ranked Angela as the world's most powerful woman and called her
including media vans,... 2 dead, 55 hurt as anti-Assam riot protest turns violent Economic IBNLive.com Times Mumbai burns over Assam riots, Anti-Assam riot protest turns 2 dead, alert sounded in state violent in Mumbai; 2 killed Zee IBNLive.com News Mumbai: Two persons were Two people dead as Assam killed and many others, including protests in Mumbai turn violent s e v e r a l m e d i a p e r s o n s a n d NDTV policemen, were injured in The Hindu- Indian ExpressMumbai when a protest against Firstpost Assam riots at Azad Maidan all 159 news articles Ground turned violent as demonstrators torched vehicles,
Submitted at 8/11/2012 1:50:13 PM
"the de facto leader of the European Union." Julia Gillard, Australia Country: Australia Position: Prime Minister Claim to Fame: In 2010, Julia became the first female prime minister of Australia. Born in Wales, she's only the country's second foreign-born prime minister. She's also not afraid to buck tradition, as Julia famously didn't curtsey the queen, has a hairstylist boyfriend, and has stated that not having children has helped her succeed. Cristina Fernndez de Kirchner, Argentina Country: Argentina
Position: President Claim to Fame: Taking office in 2007, former first lady Cristina is Argentina's first elected female president, second female president ever to serve, and first woman ever reelected. She's an advocate for human rights, poverty awareness, and health. Cristina's also a fashion icon in her country, although since her husband former president Nstor Kirchner died in 2010, Cristina has only worn black. See the rest of the story at Business Insider Please follow Business Insider on Twitter and Facebook.
Man grills Mamata publicly over governance, CM gets him arrested - Zee News
Submitted at 8/11/2012 1:39:17 PM
IBNLive.com Man grills Mamata publicly over governance, CM gets him arrested Zee News Midnapore: A man who asked West Bengal Chief Minister Mamata Banerjee at a public meeting what steps she was taking to help farmers has been arrested by the police. The man Siladitya Chowdhury had told the chief
minister at her public meeting at the... Mamata drags feet on renaming Bengal Indian Express Man was bent on disturbing Mamata's rally: Mukul Roy Hindustan Times Man arrested for questioning Mamata, activists condemn incident Firstpost Times of India- Oneindia all 77 news articles
10
Three Big Reasons Why Paul Ryan Could Help Mitt Romney Steal Wisconsin
Brett LoGiurato (Business Insider)
Submitted at 8/11/2012 12:48:00 PM
Stir will move in a 'new direction' on Sunday: Ramdev - Hindustan Times

Democrats have been quick to point out the drawbacks of selecting Wisconsin Rep. Paul Ryan as the Republican Party's vice presidential nominee. But the limited polling available suggests that Ryan could help Mitt Romney swing Wisconsin and its 10 electoral votes, cutting into voter groups that tend to strongly favor President Barack Obama. A Public Policy Polling survey conducted in July showed that, of all the Republican vice presidential contenders, Ryan had the most effect on the presidential race in his home state. Although Obama led Wisconsin by 6 points in a head-to-head matchup with Romney, the poll showed that the vote swung by five points in favor of Republicans when Ryan was added to the ticket. Here's a chart: Ryan could also have an effect on
was to come up with his plans for the next... Ramdev protest gets weekend Hindustan Times fillip Daily Pioneer Stir will move in a 'new direction' Baba Ramdev threatens to on Sunday: Ramdev intensify agitation against Hindustan Times government NDTV Yoga guru Ramdev today Ramdev to announce new deferred by a day a "big" strategy Sunday Firstpost announcement on the next course Economic Times- The Hinduof his agitation on black money Jagran Post and Lokpal Bill as former Army all 867 news articles chief Gen VK Singh will join him in the protest on Sunday. Ramdev
Submitted at 8/11/2012 1:43:01 PM
the Wisconsin vote by winning over Catholic voter, who make up 33% of Badger State voters. Ryan, a devout Catholic, could help swing some of the 53 percent of Catholic voters in Wisconsin that went to Obama in 2008, especially if he makes a point to hit Obama on the contraception mandate. A third factor, that has been mostly overlooked, is how Ryan
could shift the youth vote in Wisconsin. PPP found that, with Ryan on the ticket, Republicans could actually win the 18-to-45 age group in Wisconsin over an Obama-Biden ticket. Please follow Politics on Twitter and Facebook. Join the conversation about this story
Dead British officer was due home from Afghanistan in weeks - Telegraph.co.uk
of central Helmand,... UK soldier killed in Afghanistan named as Lt Andrew Chesterman Telegraph.co.uk BBC News Dead British officer was due Soldier shot in Afghanistan 'was home from Afghanistan in weeks a f i n e y o u n g m a n ' T h e Telegraph.co.uk Independent Lieutenant Andrew Chesterman, Father pays tribute to soldier son a member of 3rd battalion The k i l l e d i n A f g h a n i s t a n T h e Rifles, was described as an G u a r d i a n outstanding leader of men. The Sky News- STV Local 26-year-old officer was shot and all 123 news articles injured while leading a vehicle patrol through the Nad'Ali district
Submitted at 8/11/2012 1:15:59 PM
World News/ Sports/
11
Strong earthquakes hit northwest Iran - Christian Science Monitor

(Iran - Google News)
Submitted at 8/11/2012 1:44:21 PM
Tia Sharp probe: Grandmother among two more arrests as CCTV emerges - Metro
Submitted at 8/11/2012 1:30:03 PM
Two earthquakes struck 11 minutes apart in northwest Iran Saturday. The US Geological Survey measured the first quake at 6.4 magnitude, while the second quake measured 6.3. By Marcus George, Zahra Hosseinian, and Jon Hemming), Reuters posted August 11, 2012 at 2:42 pm EDT Dubai Two strong earthquakes struck northwest Iran on Saturday, killing 87 people, injuring hundreds and scaring thousands into fleeing their homes as aftershocks continued to hit the area, Iranian state media said. Iran is straddled by several major fault lines and has suffered several devastating earthquakes in recent years, including a 6.6. magnitude quake in 2003 which turned the southeastern historic city of Bam into dust and killed more than 25,000 people.
The US Geological Survey measured Saturday's first quake at 6.4 magnitude and said it struck 60 kilometers (37 miles) northeast of the city of Tabriz at a depth of 9.9 kilometers (6.2 miles). A second quake measuring 6.3 struck 49 kilometers (30 miles) northeast of Tabriz 11 minutes later at a similar depth. ( See map here.) There have been at least 18 aftershocks since then, Iranian media said. The second quake struck near the town of Varzaghan ( see map here). "The quake was so intense that people poured into the streets through fear," Fars news agency said of the town. The head of the crisis center in Iran's East Azerbaijan Province where the quakes struck said 87 people had been killed, Fars said. Some 600 had been injured, the agency added. Some 210 people in Varzaghan and Ahar have been rescued from under the rubble of collapsed
buildings, the official IRNA news agency said, quoting a local official. Tabriz is a major city and trading hub far from Iran's oil producing areas and known nuclear facilities. Though buildings in the city are substantially built, homes and businesses in Iranian villages are often made of concrete blocks or mud brick that can crumble and collapse in a strong quake. A local provincial official urged people in the region to stay outdoors during the night for fear of aftershocks, according to IRNA. Lawmaker Abbas Falah said people in the region are in need of bread, tents and drinking water. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Metro Tia Sharp probe: Grandmother among two more arrests as CCTV emerges Metro Police investigating the disappearance of Tia Sharp have apologised to the 12-year-old's mother for the 'human error' that delayed the discovery of a body in
grandmother Christine Sharp's home. The news comes after a 46year-old woman, believed to be... Tia Sharp: Met Police admit body search error BBC News Why did it take so many police officers and dogs eight days to find body of... Daily Mail Police admit 'error' in Tia search The Press Association Irish Times- The Guardian all 3,882 news articles
Megrahi cancer diagnosis was 'gift' to authorities, says biographer - The Guardian
Submitted at 8/11/2012 12:21:59 PM
The Guardian Megrahi cancer diagnosis was 'gift' to authorities, says biographer The Guardian The cancer diagnosis of the man convicted of the Lockerbie bombing was a "gift from God" to the Libyan, British and Scottish
governments, Abdelbaset alMegrahi's biographer has said. John Ashton, who recently published a book on the former Libyan... Megrahi events 'a political fix' Belfast Telegraph Book Festival Puts Spotlight On Megrahi Cover-up EdinburghGuide.com all 152 news articles
Mexico beats Brazil to win 1st Olympic soccer gold

Mexico is celebrating its first Olympic gold medal in men's
soccer, and Brazil is wondering if it will ever be able to add the title
to its long list of triumphs.
12
World News/ Technology/
States march for Mark Zuckerberg's topless marriage equality photo stirs emotions - NEWS.com.au
Chris Matyszczyk (CNET News)
Submitted at 8/11/2012 11:29:21 AM
marched in seven Australian cities almost eight years after the Submitted at 8/11/2012 1:06:45 PM Howard government passed the NEWS.com.au Marriage... States march for marriage SA, Tas chief join gay marriage equality rallies Sky News Australia NEWS.com.au SA, Tas premiers join gay THE South Australian and marriage rallies The Australian Tasmanian premiers said they will ACT moves to legalise gay civil legislate for gay marriage no unions Sydney Morning Herald matter what Canberra does. all 115 news articles Thousands of demonstrators have
Donate to World Vision

Your gift to provide seeds, tools, and training will be multiplied 4 mean the difference between life times by grant funds, and can and death for hungry children.
gawk by Andrew Bosworth, Facebook's director of engineering. If there's one thing Vladimir Many might already be shivering Putin has shown the world, it's at the idea that Facebook's that a topless photo can add truth director of engineering has no to power. idea how to use the site's privacy It can make a man seem more of controls. a man, more 5'4" than 5'3". I am shivering because of all the Perhaps Mark Zuckerberg also symbolic possibilities that might feels the need to appear a little surround the picture's "accidental" taller, stronger, and manlier. uploading. For a photograph has emerged of The simplistic will immediately Facebook's CEO topless. pounce on the notion that this My deeply religious reading of image was artistically suggesting TMZ suddenly revealed yesterday that if you invest in Facebook, the sight of Zuckerberg with his you will lose your shirt. right hand on his bare chest, as if However, perhaps I am not alone to say: "Sexy? Moi?" in being surprised at Zuckerberg's It is impossible to know why chest. I had imagined that it Zuckerberg, and, indeed, all the would be as smooth as his babymen at this gathering, were half- bottom face. Instead, it is manly. disrobed. It seems to enjoy as much hair as Instinctively, one imagined that Seth Rogan's head. he might be interviewing for The meaning of this picture Chippendales. However, Gawker might well be that we should all helpfully reveals that the picture beware of Zuckerberg's nerdy was taken at the wedding of countenance. Beneath that bluff Facebook product manager Justin lies a jungle warrior who will eat Shaffer to Annabel Teal a mere 7 your young, his young, and days ago. Young Frankenstein, should he It is not totally clear how the wander into the neighborhood. topless pose briefly saw the light. More Technically Incorrect Gawker explains that it was The delicate way in which his uploaded to Imgur and that it had hand is placed on his chest been "accidentally" uploaded onto reinforces this view. It is as if he Facebook for all the world to is saying to someone off-camera:
"See my manliness, feel my manliness, beware my manliness." It may well be that this photograph may set a trend in these directionless times. I can certainly see a topless photo emerging of Mitt Romney and Paul Ryan, posed against a large Midwestern sky, offering the promise of a new, stronger tomorrow. Equally, I can see Barack Obama and Joe Biden following the same route, but perhaps posing in a doctor's surgery (rather than, say, windsurfing), the picture of caring health. Before long, male CEOs, concert pianists, and, perhaps, even religious leaders will have come to understand that, without a fine, manly topless shot, you cannot ooze authority. Who will be next? Barry Diller? Rupert Murdoch? The Archbishop of Canterbury? This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Technology/
13
Is Modern Portfolio Theory Dead? Come On.

Paul Pfleiderer (TechCrunch)
Submitted at 8/11/2012 2:00:50 PM
Editors note: Paul Pfleiderer is the C.O.G. Miller Distinguished Professor of Finance at the Stanford Graduate School of Business and co-founder of Quantal International. A few weeks ago, TechCrunch published a piece arguing software is better at investing than 99% of human investment advisors. That post, titled Thankfully, Software Is Eating The Personal Investing World, pointed out the advantages of engineering-driven software solutions versus emotionally driven human judgment. Perhaps not surprisingly, some commenters (including some financial advisors) seized the moment to call into question one of the foundations of softwarebased investing, Modern Portfolio Theory. Given the doubts raised by a small but vocal chorus, its worth spending some time to ask if we need a new investing paradigm and if so, what it should be. Answering that question helps show why MPT still is the best investment methodology out there; it enables the automated, low-cost investment management offered by a new wave of Internet startups including Wealthfront
(which I advise), Personal Capital, Future Advisor and SigFig. The basic questions being raised about MPT run something like this: Hasnt recent experience i.e., the financial crisis shown that diversification doesnt work? Shouldnt we primarily worry about Black Swan events and unforeseen risk? Dont these unknown unknowns mean we must develop a new approach to investing? Lets begin by briefly laying out the key insights of MPT. MPT is based in part on the assumption that most investors dont like risk and need to be compensated for bearing it. That compensation comes in the form of higher average returns. Historical data strongly supports this assumption. For example, from 1926 to 2011 the average (geometric) return on U.S. Treasury Bills was 3.6%. Over the same period the average return on large company stocks was 9.8%; that on small company stocks was 11.2% ( See 2012 Ibbotson Stocks, Bonds, Bills and Inflation (SBBI) Valuation Yearbook, Morningstar, Inc., page 23. ). Stocks, of course, are much riskier than Treasuries, so we expect them to have higher average returns and they do.
One of MPTs key insights is that while investors need to be compensated to bear risk, not all risks are rewarded. The market does not reward risks that can be diversified away by holding a bundle of investments, instead of a single investment. By recognizing that not all risks are rewarded, MPT helped establish the idea that a diversified portfolio can help investors earn a higher return for the same amount of risk. To understand which risks can be diversified away, and why, consider Zynga. Zynga hit $14.69 in March and has since dropped to less than $2 per share. Based on whats happened over the past few months, the major risks associated with Zyngas stock are things such as delays in new game development, the fickle taste of consumers and changes on Facebook that affect users engagement with Zyngas games. For company insiders, who have much of their wealth tied up in the company, Zynga is clearly a risky investment. Although those insiders are exposed to huge risks, they arent the investors who determine the risk premium for Zynga. (A stocks risk premium is the extra return the stock is expected to earn that compensates for the stocks risk.) Rather, institutional funds and
other large investors establish the risk premium by deciding what price theyre willing to pay to hold Zynga in their diversified portfolios. If a Zynga game is delayed, and Zyngas stock price drops, that decline has a miniscule effect on a diversified shareholders portfolio returns. Because of this, the market does not price in that particular risk. Even the overall turbulence in many Internet stocks wont be problematic for investors who are well diversified in their portfolios. Modern Portfolio Theory focuses on constructing portfolios that avoid exposing the investor to those kinds of unrewarded risks. The main lesson is that investors should choose portfolios that lie on the Efficient Frontier, the mathematically defined curve that describes the relationship between risk and reward. To be on the frontier, a portfolio must provide the highest expected return (largest reward) among all portfolios having the same level of risk. The Internet startups construct well-diversified portfolios designed to be efficient with the right combination of risk and return for their clients. Now lets ask if anything in the past five years casts doubt on these basic tenets of Modern Portfolio Theory. The answer is clearly, No. First and foremost,
nothing has changed the fact that there are many unrewarded risks, and that investors should avoid these risks. The major risks of Zynga stock remain diversifiable risks, and unless youre willing to trade illegally on inside information about, say, upcoming changes to Facebooks gaming policies, you should avoid holding a concentrated position in Zynga. The efficient frontier is still the desirable place to be, and it makes no sense to follow a policy that puts you in a position well below that frontier. Most of the people who say that diversification failed in the financial crisis have in mind not the diversification gains associated with avoiding concentrated investments in companies like Zynga, but the diversification gains that come from investing across many different asset classes, such as domestic stocks, foreign stocks, real estate and bonds. Those critics arent challenging the idea of diversification in general probably because such an effort would be nonsensical. True, diversification across asset classes didnt shelter investors from 2008s turmoil. In that year, the S&P 500 index fell 37%, the MSCI EAFE index (the index of MODERN page 14
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MODERN
developed markets outside North America) fell by 43%, the MSCI Emerging Market index fell by 53%, the Dow Jones Commodities Index fell by 35%, and the Lehman High Yield Bond Index fell by 26%. The historical record shows that in times of economic distress, asset class returns tend to move in the same direction and be more highly correlated. These increased correlations are no doubt due to the increased importance of macro factors driving corporate cash flows. The increased correlations limit, but do not eliminate, diversifications value. It would be foolish to conclude from this that you should be undiversified. If a seat belt doesnt provide perfect protection, it still makes sense to wear one. Statistics show its better to wear a seatbelt than to not wear one. Similarly, statistics show diversification reduces risk, and that you are better off diversifying than not. Timing the market The obvious question to ask anyone who insists diversification across asset classes is not effective is: What is the alternative? Some say Time the market. Make sure you hold an asset class when it is earning good returns, but sell as soon as things are about to go south. Even better, take short positions when the outlook is negative. With a trustworthy crystal ball, this is a winning strategy. The potential gains are huge. If you had perfect foresight and could time the S&P 500 on a daily basis, you could
have turned $1,000 on Jan. 1, 2000, into $120,975,000 on Dec. 31, 2009, just by going in and out of the market. If you could also short the market when appropriate, the gains would have been even more spectacular! Sometimes, it seems someone may have a fairly reliable crystal ball. Consider John Paulson, who in 2007 and 2008 seemed so prescient in profiting from the subprime markets collapse. It appears, however, that Mr. Paulsons crystal ball became less reliable after his stunning success in 2007. His Advantage Plus fund experienced more than a 50% loss in 2011. Separating luck from skill is often difficult. Some people try to come up with a way to time the market based on historical data. In fact a large number of strategies will work well in the back test. The question is whether any system is reliable enough to use for future investing. There are at least three reasons to be cautious about substituting a timing system for diversification. First, a timing system that does not work can impose significant transaction costs (including avoidable adverse tax consequences) on the investor for no gain. Second, an ill-founded timing strategy generally exposes the investor to risk that is unrewarded. In other words, it puts the investor below the frontier, which is not a good place to be. Third, a timing systems
success may create the seeds of its own destruction. If too many investors blindly follow the strategy, prices will be driven to erase any putative gains that might have been there, turning the strategy into a losing proposition. Also, a timing strategy designed to beat the market must involve trading into good positions and away from bad ones. That means there must be a sucker (or several suckers) available to take on the other (losing) sides. (No doubt in most cases each party to the trade thinks the sucker is on the other side.)
investors over the long term. Although the market dropped precipitously in October 1987, it was close to fully recovered in June 1988. The flash crash was confined to a single day. This is not to say that all surprise events are transitory. The Great Depression followed the stock market crash of 1929, and the effects of the financial crisis in 2007 and 2008 linger on five years later. The question is, how should we respond to uncertainties and Black Swans? One sensible way is to be more diligent in quantifying the risks we can see. For example, Black Swans since extreme events dont happen What about those Black Swans? often, were likely to be misled if D o e s n t M P T i g n o r e t h e we base our risk assessment on p o s s i b i l i t y t h a t w e c a n b e what has occurred over short time surprised by the unexpected? Isnt periods. We shouldnt conclude it impossible to measure risk that just because housing prices w h e n t h e r e a r e u n k n o w n havent gone down over 20 years unknowns? that a housing decline is not a Most people recognize that meaningful risk. In the case of financial markets are not like natural disasters like earthquakes, simple games of chance where tsunamis, asteroid strikes and risk can be quantified precisely. solar storms, the long run could As weve seen (e.g., the Black be very long indeed. While we Monday stock market crash of cant capture all risks by looking 1987 and the flash crash of far back in time, taking into 2010), the markets can produce account long-term data means extreme events that hardly anyone were less likely to be surprised. contemplated as a possibility. As Some people suggest you should opposed to poker, where we respond to the risk of unknown always draw from the same 52- unknowns by investing very card deck, in financial markets, conservatively. This means asset returns are drawn from allocating most of the portfolio to changing distributions as the safe assets and significantly world economy and financial reducing exposure to risky assets, relationships change. which are likely to be affected by Some Black Swan events turned Black Swan surprises. This out to have limited effects on response is consistent with MPT.
If you worry about Black Swans, you are, for all intents and purposes, a very risk-averse investor. The MPT portfolio position for very risk-averse investors is a position on the efficient frontier that has little risk. The cost of investing in a lowrisk position is a lower expected return (recall that historically the average return on stocks was about three times that on U.S. Treasuries), but maybe you think thats a price worth paying. Can everyone take extremely conservative positions to avoid Black Swan risk? This clearly wont work, because some investors must hold risky assets. If all investors try to avoid Black Swan events, the prices of those risky assets will fall to a point where the forecasted returns become too large to ignore. A third and arguably pathological response to the Black Swan problem is to say that nothing is safe. An extreme event could significantly reduce the value of any asset (We may not have seen it, but this doesnt mean that it couldnt happen). I doubt anyone has gone to this nihilistic extreme, and I mention it to make it clear that being aware of the potential for unknown unknowns is useful, but not at the cost of decisionmaking paralysis. Of course, if you are that privileged investor with a reliable enough crystal ball, by all means use it. The problem lies in MODERN page 20
Technology/
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Stacked Ranking
Steve Gillmor (TechCrunch)
Submitted at 8/11/2012 11:26:44 AM
every action the company takes is predicated on preserving some version of the status quo. Theres Doc Searls captures something plenty of that in the Redmond valuable on the occasion of his DNA, what with the wildly 40th birthday. No, hes not 40. successful Windows, Office, and Hes 65. But when youre lucky Server Tools groups, both status enough to reach that time, you and quo. Steve Sinofsky saved discover a version of what you Windows from the Longhorn/ learned at 40, namely that you V i s t a d e b a c l e b y s h i p p i n g feel remarkably like that time something that promised and long ago when you first started delivered. Coming from the acting your age. Office group and its success at Namely that age is invisible until wiping out both WordPerfect and you look in the mirror, and even L o t u s p r o d u c t i v i t y s u i t e s , then if you look into the eyes. Sinofsky is now the putative heir They see you the same way, full to the throne once Ballmer fades. of hope and arrogance and doubt But the undercurrent of the and everything all wrapped Vanity Fair analysis is that the together. The eyes are the toxic anti-innovation culture of giveaway to 40, and 65, and 12 the company trumps even Bill for that matter. All of which Gates unlikely return to the reminded me of something when I throne. Unlike a salesforce.com read about Microsoft in Vanity where each passing day engenders Fair. innovation as a way of validating The usual obvious stuff was the subscription model, Microsoft there: Microsoft was the richest is a victim of its own success at failure of the modern age, all the hands of its most successful. dressed up with nowhere to go as A c c o r d i n g t o t h e a r t i c l e , Google and Apple and Amazon executives withhold just enough and whatnot sucked up all the vital information to maintain their juice and left nothing but rind for own position of unique value. Redmond. But what wasnt so Where social is a requirement in a o b v i o u s w a s t h e c a r e f u l l y system that lives on innovation, c o n s t r u c t e d a t t a c k o n t h e Microsoft is forced to go against Windows companys ability to the grain to share in realtime. compete. Stack ranking, it turns Even its brilliant head of out, is a cancer eating away at communication Frank Shaw finds Microsofts ability to save itself. it oddly difficult to work his way What happens when you pit out of the box theyre in. He executives against each other for debunks the article with big promotions, bonuses, and what numbers and the promise of used to be called Bill-time, is that Xbox, Kinect, and by implication
but not direct attribution the Surface Tablet. He doesnt answer the logical followup, wondering how much more innovation there could have been if the culture hadnt crushed so much of the opportunity in the first place. Instead, Franks data points have the opposite effect of reinforcing the central thesis of the article. If the Vanity Fair author got the context of C# wrong and understated the companys growth through the so-called Lost Decade, Shaw left unchallenged the central logic of the article and its implications moving forward. Even more tellingly, the very tone and audacity of the article, its mainstream non-tech audience, would never have occurred in the past. Microsoft presented such momentum, clout, and inevitability, along with serious ad dollars, to make such a negative attack very dangerous to the health of media companies. With October looming large as the locus of a shipping Windows 8, Surface Tablet, and Windows Phone, there should be plenty of marketing dollars in the pipeline. Why arent the media companies afraid of rocking the boat? Probably because Microsoft needs them more than the other way around, what with new product coming from Apple, Google, Amazon, and possibly social players. And analysts have to be careful not to overestimate Microsoft impact in the marketplace should
miscalculation come back to haunt them the way Ballmers predictions about the viability of the iPhone did him. What does Microsoft see when it looks in the mirror? Surely the bluster from Ballmer comes from that same well of hope, arrogance, and doubt, the confidence that Windows and Office and the Server division will finance eventual success in the innovation race. But the legacy revenue is an albatross difficult to shake off, with its devastating impact on the new thinking required to understand the new realtime mobile world. Windows 8 may well stem the mind share drain brought on by the iPad, but subtle clues suggest otherwise. When Bill Gates pushed tablets into the marketplace 10 years ago, OneNote, the one application that took advantage of the interface, was hamstrung by the failure to provide a free runtime. Its ironic but not surprising that OneNote today is the only Office application shipping for the iPad. The implementation was not perfect, but the underlying innovation was on target. The economic imperative of the Microsoft tax prevented the synergy of hardware and software from being realized. As I type these words on a Bluetooth keyboard propping up an iPad, my 11-year old daughter asks me what Im writing about. Microsoft, I say, and cool, she
says. She means, yeah, Dad, whatever. She hasnt and doesnt use Microsoft, but rather Apple. Actually she does use Microsoft, as in XBox, and Skype as in her main communications channel while playing Mindcraft. And Google to research everything. And in another post, Doc Searls broaches the idea of using Wikipedia as a ubiquitous storage point for blog posts, a place we can feel confident of persisting as a result of its canonical and increasingly authoritative momentum. Google honors it at or near the top of searches, taking the everything of a 12 year old to its next logical conclusion, and in the process skipping right over Microsofts window into the next generation. My 18-year old daughter is reported to be actually using email to communicate with a workgroup in college, but Exchange and Outlook its not. Gmail and GTalk video are merging into Google + and Hangouts. Facetime is the competition; Microsoft is odd man out. Young at heart. Experienced at mind. Its at the intersection of passion and wisdom where innovation occurs. As Vanity Fair provoked, the numbers dont lie but they may not tell the truth. No matter how cool the Surface may be, and cool it is even in my vernacular, whats cooler is STACKED page 20
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Technology/
Weekly Wrap-Up: Social Olympics, The Underground Twitterverse, and Why Apple is Suing Android Manufacturers
Adam Popescu (ReadWriteWeb)
struggle between Apple and Samsung - the latest iteration of Apples frantic legal battle against Submitted at 8/11/2012 1:00:00 PM everything Android. More Who does the gold medal go to in C h a r t i n g t h e U n d e r g r o u n d social media Olympics coverage? T w i t t e r v e r s e [ I n f o g r a p h i c ] W h y i s A p p l e s u i n g e v e r y How bad is the underground Android maker in sight? What is Twitter economy? According to the underground Twitterverse? security vendor Barracuda Labs, After the jump you'll find more of pretty bad. More More Top this week's top news stories on Stories Defusing the Corporate some of the key topics that are Social Media Timebomb. shaping the Web - Location, App According to survey results from Stores and Real-Time Web - plus the Altimeter Group, nearly twohighlights from some of our six thirds of companies surveyed say channels. Read on for more. that social media is a significant Social Olympics: Does The Gold or critical risk to their brand Medal Go To Facebook, Twitter reputation. More Burn After or Google+ Calling: Disposable Phone Yesterday we looked at how N u m b e r s online media is covering the There's always a pause after London 2012 Olympics. We gave someone asks, "Can I have your our virtual gold medal to the New number?" Someone's silently York Times, for its sleek design wondering if complying will and muscular content. Today we mean trouble. What if you didn't review the major social media have to worry about about that? sites: Facebook, Twitter and M o r e S o c i a l R e v o l u t i o n : G o o g l e + . T o c o n t i n u e t h e Crowdsourcing For Change Olympics theme, we award each In the world of technology, were of the three a different colored used to upheaval. In fact, we rely medal. Which one gets the gold? on it to drive innovation and More The Number That Shows improvements. So why cant we Why Apple is Suing Every use technology to solve some of Android Manufacturers the underlying problems we all The eyes of the technology world agree need to change? More Why are focused on the epic patent Lenovo Believes in Windows 8
Tablets - Even if Acer Doesnt Just hours after Acers CEO complained that Microsofts Surface tablet would generate a negative impact on the tablet market, Lenovo announced its own entrant to the Surface market, the ThinkPad Tablet 2. Clearly, Lenovo sees a market for a Windows 8 tablet that Acer does not. More Amber Case's Illustrated Dictionary of Cyborg Anthropology Humans, dogs, bees and even the computers themselves all use information technology to extend themselves. Were all cyborgs. We may not realize it, but we are. More Google Shows Off Its Latest "Baby Steps" Toward Becoming the Star Trek Computer Biz O n W e d n e s d a y , G o o g l e Dear Marissa Mayer: Don't announced new natural-language Change Yahoo
voice search on iOS, new, touchfriendly Web interfaces for its answers, and an ambitious, voluntary experiment to bring your Gmail messages into search results. Google wants to be like the Star Trek computer when it grows up, letting us ask questions naturally about anything and get a compelling answer right back. More Microgrids and Solar Power, the Answer to India's Power Crisis As India experienced its worst power failure ever last week, leaving 600 million people without electricity, disrupting the operation of hospitals and public services and shutting down transportation in key regions vital to the countrys economy, New Delhi will have to face up to some critical power realities. More ReadWriteWeb Channels Start 10 Ways Startups Can Track Trends: And Why Its So Important 8 Indispensable Qualities For Your First Startup Hire Want Your Startup to Succeed? Stay Home
Amazon Gets Ready for Sales Taxes Enterprise Follow ReadWriteEnterprise on Twitter. The New Microsoft Office: 20 Things to Like, Not Like and Worry About Utilities and Other Industries Not Ready for Big Data, Say New Oracle Reports Dont Believe the Doomsayers: Microsofts Q4 Results Are Good News Cloud What's Killing the Printer Business? Is a VMware/EMC Cloud SpinOff in the Works? Hack Follow ReadWriteHack on Twitter. Copyright Enforcement Irony: Hip Hopper Lord Finesse Silences YouTube Rapper Dan Bull Mobile Follow ReadWriteMobile on Twitter. Tablets & PCs: One Industry or Two? WEEKLY page 20
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17
driSuit endurance case: Take your iPhone swimming

Steven Sande (TUAW - The Unofficial Apple Weblog)
Submitted at 8/11/2012 3:00:00 PM
During the opening ceremonies for the 2012 London Olympic Games, the number of athletes using iPhones to take photos and video during the "march of nations" was staggering. Who knows? When the 2016 Summer Games start up in Rio de Janeiro, the swimmers might be using their iPhones in the pools during their post-race celebrations if they pick up the driSuit endurance waterproof case for iPhone 4 and 4S(US$59.95). Design In the past I've looked at several waterproof iPhone cases, with the most successful at this point probably being the LifeProof cases. Those cases cost $10 more, but are tested to Military Specifications MIL-STD-810F516.5 standards for shock and impact protection. How deep can you go in water with the driSuit? Tim Collins, general manager of driSuit Technologies, said that the case is tested at 5 meters -- more than enough for snorkeling or surfing. The driSuit uses something that's completely different to protect the iPhone's screen -- a fluidic membrane that contains a nontoxic fluid and allows for full use of the touch screen while
submerged. That screen feels a bit weird at first, but you quickly realize that it works very well underwater for manipulating the iPhone's touch screen. Gallery: driSuit endurance case for iPhone 4/4S Looks-wise, the driSuit endurance is nothing spectacular. The company does have some color versions that are probably more attractive than the black plastic model I received for review, but if you're looking for a waterproof case I don't think that fashion is your main goal in life. The iPhone 4 or 4S slides into the bottom of the case, after which time you snug a small door to the bottom and then click down two latches. There's enough space in the back of the case to carry one credit card or piece of ID. As you'd expect, all openings are covered with a silicone material to prevent water from coming in. driSuit does sell waterproof headphones ($19.95) that work with the case, and there's also a bright yellow flotation wrist strap ($9.95) to make sure that your iPhone is recovered in case you're eaten by a shark. A regular wrist strap is included with the case and attaches through a mount on the top of the driSuit. Functionality Like the LifeProof case, driSuit asks you to test the endurance case to insure that you know how
to properly latch it and that it does remain dry on the inside. To do this, you close the case and hold it underwater for 10 minutes (LifeProof suggests an hour). If no water leaks in, then you've closed the case properly and you're ready to roll.
I decided to give the driSuit the one-hour test, since I rely on my iPhone 4S and really didn't want it to go for a swim if the case leaked. As expected, it came through high and dry, so next I took a deep breath and popped the iPhone 4S into the case.
Here's a short video of a swim to the bottom of a sink full of water (about ten inches deep): Wasn't that fun? Not really. Anyway, I really didn't feel like suiting up and going to the pool, or taking a shower with my iPhone. Remember, driSuit recommends that you don't go below 5 meters underwater with the case, so any hopes of attaching a weight and line to the case to turn your iPhone into a cheap ROV is out of the question. Shooting underwater video in the hot tub? Fine. Just don't send it to us. Conclusion It's not the prettiest case in the world, but if you're looking for protection from water or would like to use your iPhone while snorkeling to take video, the driSuit is going to do the job for you. With the positive feedback you get from the latches, you'll be sure that your iPhone is going to remain dry while it's in the driSuit endurance case. Pros Excellent waterproofing tested down to 5 meters Unique fluidic membrane over screen feels odd, but works great to insure touchscreen accuracy underwater Price is less than some competing waterproof cases DRISUIT page 18
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Technology/ Featured/
Can alcohol make tech companies more creative?

Chris Matyszczyk (CNET News)
Submitted at 8/11/2012 12:53:53 PM
DRISUIT
Latch mechanism is good feedback for knowing that the case is completely closed Cons Kind of a boring design, but it definitely delivers in the waterproofing department Who is it for? Anyone who wants to use an iPhone in or around water, particularly surfers. Skiers or hikers who get into wet conditions are going to love this case. driSuit endurance case: Take your iPhone swimming originally appeared on TUAW - The Unofficial Apple Weblog on Sat, 11 Aug 2012 15:00:00 EST. Please see our terms for use of feeds. Source| Permalink| Email this| Comments
orders a smoothie. For those who believe that alcohol in moderation can ease Silicon Valley believes in neither the mind and smooth the paths of inhibition, nor prohibition. righteousness and love, it is hard O p e n n e s s i s e n c o u r a g e d , to understand such myopia. drunkenness is often cast upon For myself, I can say that a glass blind eyes. of Idle Cellars' fine 2008 Cabernet And yet some still frown on the or a mere whiff of Saracina's idea that alcohol is anything other Pinot Noir can erase a blockage than an evil liquid, sent by the and lead to a peculiar clarity. forces of darkness to make man Finally, this willfully subjective incoherent. notion is supported by scientific I have scientific evidence that research. this might not be the case. The journal Consciousness and The Economist, its writers Cognition has recently published perhaps a little tipsy on the a study from the Department of w e e k e n d , t o d a y o f f e r s a n Psychology at the University of inebriating piece entitled: "The Illinois in Chicago. Its title is both sad demise of the three-martini h e a r t e n i n g a n d r e v e a l i n g : lunch." "Uncorking the muse: Alcohol It explains how America's battle intoxication facilitates creative with its puritan posture has meant problem solving." an increased frowning on the The authors explain how it has presence of a sherry or a port in always been thought that alcohol cubicles and boardrooms. loosens the positive senses, yet no Stunningly, new research to be one has really researched it. revealed in the Journal of In this case, subjects were Consumer Psychology suggests s u b j e c t e d t o " m o d e r a t e that a candidate who has a drink i n t o x i c a t i o n . " T h i s w a s over a dinner interview is viewed numerically defined as a blood as less intelligent than one who alcohol content of around .075.
They were then given the Remote Associates Test. This seeks to see if one can solve problems creatively. The researchers' conclusion was that those who were a little boozed-up solved more problems, more quickly. Moreover, when asked how they thought they'd solved these problems, they were more likely to reply that they'd felt they'd had a sudden insight. Alcohol isn't for everyone. Some people have no control in its presence. Some merely worry that they'll have no control in its presence. Some should never be in its presence. More Technically Incorrect But if, as many in Silicon Valley do, you live near excellent sources of wine, it's possible to appreciate alcohol's effects in a different way. I'll admit to, when stuck or bewildered, sitting in the garden at the Honig winery in Napa and discovering ways forward I never imagined possible, accompanied by a glass of wine. Silicon Valley likes to think of itself as a creative force. Yet it's
easy to conceive that currently the problems it's trying to solve are often of a trivial, rather than world-changing, nature. Facebook, for example, has something of a revered reputation for beer-drinking and one for trivializing the idea of friendship. Beer might, indeed, be part of the problem. Perhaps the quality of the alcohol might have something to do with the quality of the inspiration. It is unclear in the University of Illinois' research what sort of alcohol was used in order to bring out the creative spirit. A next step in this research might be to test whether a couple of cans of Miller Light can engender the same refined thought as, say, a single glass of Failla Pinot Noir. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
George W. Bush: 'This Is a Strong Pick'

Daniel Halper (The Weekly Standard)
Submitted at 8/11/2012 11:30:00 AM
The Romney campaign passes along George W. Bush's reaction to the announcement that Paul Ryan will be Mitt Romney's
running mate: "This is a strong pick. Governor Romney is serious about confronting the long-term
challenges facing America, and Paul Ryan will help him solve the difficult issues that must be addressed for future generations."
Here's Chris Christie's statement:
Technology/
19
SPOT Connect helps your Dejamor Keeps Your Sex Life iPhone rescue you via Sexy Every Month satellite
Mel Martin (TUAW - The Unofficial Apple Weblog) Jordan Crook (TechCrunch)
Submitted at 8/11/2012 1:00:58 PM
perfect for sailors, hikers, pilots or people exploring places where cell networks are unreliable or Submitted at 8/11/2012 11:55:00 AM don't exist at all. Cellphones are pretty good for The device is available direct calling 911, or letting your family from SPOT, or at a variety of know where you are, but if you retailers like Best Buy, REI and get in trouble off the grid things West Marine. It lists for US can go wrong in a hurry. $149.95, and there is a mail-in Coverage is far from universal, $50.00 rebate available now. The especially in rural or wilderness needed app is free. You'll also areas. need a subscription that gets you The folks at SPOT, a satellite The SPOT Connect pairs with the satellite time ($99.00 a year). service company, have a handy your iPhone via Bluetooth; you There are some extra fees for solution that lets your iPhone run the SPOT app, and your extended services. This can connect to a global satellite iPhone suddenly becomes a literally be a lifesaver if you find network through the SPOT satellite communicator. yourself in the wilds, and it's a hardware. Along with a dedicated The service is not built for voice, clever integration of iPhone a p p , t h e S P O T C o n n e c t but you can update Twitter or hardware and satellite technology. transmitter can get your distress Facebook, send short email Gallery: SPOT Connect for message out, along with your messages or text messages (41 iPhone exact location anywhere in the characters long for free input, up SPOT Connect helps your iPhone world. to 120 characters if you pre- rescue you via satellite originally Similar to the standalone SPOT program them), update a plot of a p p e a r e d o n T U A W - T h e Satellite GPS Messenger and the your travels on the SPOT website Unofficial Apple Weblog on Sat, SPOT Personal Tracker(both of for family & friends, or send your 11 Aug 2012 11:55:00 EST. which work without a phone, but coordinates out to the GEOS Please see our terms for use of offer a more limited set of I n t e r n a t i o n a l E m e r g e n c y feeds. message options) the hardware is Response Coordination Center to Source| Permalink| Email this| a small device with a GPS get help on the way. This seems Comments receiver and a satellite transmitter.
Only," and a box marked "Her Eyes Only." (If you're in a same sex relationship, obviously they Keeping things spicy in the both say His or Her.) bedroom can be tricky. Maybe The starter His box contains you exhausted all your tricks early bubble bath, a package full of rose on in the game, or perhaps the petals, and a piece of paper with a sheer exhaustion that comes with clear canister. The instructions tell balancing kids, a home and your you to wake up earlier than your work has taken its toll. But fear girlfriend, wife, whatever, and not, lovers of the world, for a new sprinkle rose petals in a path to startup has entered the scene that the bathroom, where you've run a may be the answer to your sexy bubble bath and let a note (a prayers. message in a bottle, if you will) Its called Dejamor, and it float along the top in that canister. originally started out as an app. Then start making her breakfast. But once founder Rodrigo Fuentes The lady's box is a bit different. It realized that the engagement and comes with a lace sash, with input required with an app was which you're told to tie up your only adding work to people's man and let him undress you with lives, he realized a subscription his teeth. It's not entirely original, service was a better fit. Dejamor for either party, but the results sends you a box every month with should be pretty phenomenal. all the ingredients for a special, The next month, you'll both get romantic moment with your another surprise. Fuentes tells me significant other, and instructions that Dejamor will continue to to make sure you don't screw it learn more about you as you give up. It's as simple as that. feedback for each box, and each Think Boinkbox, but classier. month should only get better and And for couples. better. Click to view slideshow. When you receive your package, you'll see a box marked "His Eyes
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Technology/ Economy/ Featured/
STACKED
smaller as the Nexus 7 is, and enterprise-ready as iPhone/iPad is, and push notification as Android and iOS are. As each platform matures, they move toward the center where notifications live. On the next Gillmor Gang, I ask the musical question, Can we predict the success or failure of tech companies and their products? Can we look at RIM in the context of the iPhone and iPad double whammy and predict failure? Yes we can. Can we look
at the Nexus 7 and predict growing success for Google +? Yes we can. Can we see the DNA of Microsoft undermining great products, huge revenue, and a legacy of inevitability? No we cant. But stacked ranking is another story, one Ballmer cant afford to let linger.
MODERN
knowing whether it is reliable enough. Although unknown unknowns and Black Swan events make evaluating investment risks more challenging, they dont change the value of diversification and controlling the risks we do know about. Its particularly important that young people at the beginning of their investing careers understand why the sloppy arguments against
MPT are so dangerous. With its insights about diversification and controlling risk, MPT provides the best foundation for developing low-cost portfolios like the ones being used by the Internet startups to eat the personal investing world.
Christian World Adoption

Goldman's Entire Outlook For The Economy And Markets In One Huge Slide
Sam Ro (Money Game)
Submitted at 8/11/2012 1:59:00 PM
Christian World Adoption is one of the largest international adoption agencies in the United States. Since 1991, Christian World Adoption has placed thousands of children from Africa, Asia, Eastern Europe and Latin America. These children now enjoy the love and security of
a forever family. Christian World Adoption currently offers adoption programs in Bulgaria, China, Ethiopia, Guatemala, Kazakhstan, Kyrgyzstan, Russia and Ukraine. Explore our website to learn more about international adoption. Then, when youre ready, call our friendly adoption counselor, toll free, at 1.888.97ADOPT.
Here's a slide from Goldman Sachs' latest US Weekly Kickstart. Please follow Money Game on Twitter and Facebook. Join the conversation about this story
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Romney Raises $1.2 Million Off Ryan Pick in Under 4 Hours

Daniel Halper (The Weekly Standard)
Submitted at 8/11/2012 11:47:00 AM
It has not even been 4 hours, and
already the Romney campaign claims it has raised $1.2 million since announcing Paul Ryan as VP. From Press secretary Andrea Saul:
HERE FIRST:@mittromney has raised over $1.2 million since pick of@paulryanvp#LessThan4Hours
Economy/
21
Guest Post: The "Maturity Crunch"

Tyler Durden
Submitted at 8/11/2012 11:35:25 AM
Submitted by Pater Tenebrarum of Acting Man The "Maturity Crunch" Central Bank Policy Implementation and the ECB's Plan In order to avoid the appearance that its plan to buy bonds of peripheral governments does indeed amount to 'funding of governments by the printing press', the ECB has tied the plan to the condition that it has to happen in parallel with EFSF/ ESM rescues. However, that was not all there was another stipulation mentioned by Mario Draghi during the press conference. We briefly remarked on this already in our summary and analysis of the ECB decision last week. The other part of the plan, which is supposed to make the operation more akin to a 'monetary policy' type intervention, is to concentrate the buying on the short end of the yield curve. The thinking behind this is that in 'normal times', the central bank is mainly aiming to manipulate overnight rates in the interbank funding markets as well as other very short dated interest rates rates. Hence intervention in the short end of the curve closely resembles this 'normal' implementation of monetary policy. With this, the ECB probably also tries to differentiate
its actions from those of the Fed and BoE. Usually, the central bank determines a 'target rate' for overnight funds, and whenever credit demand wanes and interbank rates drift below this target, it is supposed drain liquidity. Whenever credit demand threatens to push
interbank rates above the target rate, it will add liquidity. During boom times, very little 'draining' tends to happen. As a rule, central bank target rates will be too low, and as speculative demand for short term credit keeps increasing during a boom, its liquidity injections which provide banks with the reserves
required to keep the credit expansion going will aid and abet the growth in credit and money supply initiated by the commercial banks. In the euro area, this method of overnight rate targeting has produced roughly a 130% expansion of the true money supply in the first decade of the
euro's existence about twice the money supply expansion that occurred in the US during the 'roaring twenties' (Murray Rothbard notes in 'America's Great Depression' that the US true money supply expanded by about 65% in the allegedly 'nonGUEST page 23
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Economy/ Finance/
3 Budget Charts That Paul Ryan Won't Paul Ryan Factbox, Nomination Reaction Show You... And Lifetime Donors
Joe Weisenthal Tyler Durden (Money Game)
Submitted at 8/11/2012 1:15:48 PM 11:18:00 AM
Reuters summarizes the key facts So by now you've certainly seen this the from old Ryan, aboutchart 42-yearPaul House showing what will happen to the Budget Chair and potential future national debt president. American viceif current policy is left in place a what star among Ryan, 42, vs.rising will happen under his roadmap. the populist Tea Party movement and fiscal"current path" rather Take the conservatives who than the the Republican Party, dominate "Path To Prosperity" certainly seems scary. in the U.S. has served seven termsThat choice i s P a l Representatives since Houseuof R y a n ' s m a i n t h i n g , although he presents his scary first being elected in 1998. vision in an incredibly sunny and Ryan attracted attention when, positive manner, which might as chairman of the powerful make Budget Committee, offered Househim a great campaigner for Mitt Romney. a controversial plan in January 2010 since we're talking about But to reform the tax code and budget charts, we thought The eliminate the federal deficit.we'd show you few that aren't likely plan relies aon tax cuts and would to come up on the campaign trial. minimize federal spending while drastically overhauling Medicare, The first is Federal Interest Outlays as a government-run the popularpercentage of GDP. Basically, it looks health program foratthe elderly. how much it's costing the government to Romney endorsed that plan service existing debt. during the primaries, and by aAsdyou g tsee, we're s c o n s i n d i n can h e W i very close to historical lows the ticket, he congressman to by this measure, and e t better c u m n t h e m a kinsfar h e d oshapee than t we were during the 80s and 90s. centerpiece of his run for the White House and raises the Of course, a big reason for the decline in that much of the possibilityinterest payments is that interest rates have come campaign debate will be about spending, deficits and Medicare, rather than job creation. Ryan could help Romney gain ground in his homeNews - of Garry White (Finance state Business news from the UKstate Wisconsin, a battleground and that seems to be leaning toward Obama after a polarizing battle over the unsuccessful recall of the
down a lot. The crucial idea here is that contrary to what a lot of people thing, interest payments have no reason to go up alongside the size of the national debt. In fact, historically, the relationship has been the inverse. So here's the national debt (blue line) vs. the yield on the 10-Year Treasury (red line), which is a good benchmark for the government's cost of borrowing.
Furthermore, this isn't some freak historical accident or a function of the fact that the Fed is trying to depress rates or even having anything to do with the US dollar as a global reserve currency. The norm is that countries with higher debt loads pay less to borrow. Here's a chart we made last November comparing debt-toGDP ratios across various countries and their costs of
Sir Roger Carr: big business is key to UK recovery

CBI president Sir Roger Carr has urged the government to help big businesses as well as small.
economy Party." went into a tailspin. The balanced I A N A Gprovided O R L O U I S budget O V E R N no fortitude Y B O B B againstJ this D A L , I N decline. R E P alsoB L a balanced budget Japan U had I C A N in the a good right before of "Paul islate 80s friend and one its decline. the smartest guys I served with in Congress. think that this is some Lest you He has the courage of kind of spurious is what our his convictions, whichcausation/ correlation failure, consider that a nation needs." lack of safe assets in the late 90s SENATE MAJORITY LEADER (due to decl ning Treas HARRY REID,iDEMOCRATu r y issuance) forces investors into "By picking Representative Paul riskier areas for Romney no Ryan, Governor return: It'shas surprise that on his commitment doubled downat the same time as Clinton's budget was being to gut Social Security and end balanced, a w bubble t M e d i c a r e we ssaw ea k n o w iin. stocks, and the beginning of the Romney's choice demonstrates great housing-bubble, as the that catering to the Tea Party and world clammered important to the far-right is morefor de-facto government backed up for the him than standing assets from Fannie and Freddie. middle class. The months ahead borrowing. will provide Government with a Bottom line: Americans budget Greece is a real freak-case. Japan clear h i s between e a rRomneym a t choice n ' t n the l y s o (whose economy the US most Ryan plan to gut Social Security straightforward as Paul Ryan resembles on a fiscal, monetary, and Medicare and Democrats' would have you believe, and the and demographic basis) is a very balanced approach to deficit size of the debt/deficit is not clear example of what happens to reduction that good proxy for necessarily a combines smart borrowing costs over time. economic c u t s s p e n d i n g health.w i t h a s k i n g Conversely, what people call millionaires and billionaires to Please follow Politics on Twitter budget "soundness" can turn out pay their fair share. Democrats in and Facebook. to be very bad. the Senate look forwardthis Join the conversation about to Bill Clinton famously "balanced engaging in that debate." story the budget" in his second term in HOUSE MINORITY LEADER office. Soon thereafter, the NANCY PELOSI, DEMOCRAT "There is no question that former Governor Romney now owns the Republican Ryan budget that puts millionaires ahead of Medicare and the middle class. Congressman Paul Ryan led House Republicans in voting to end the Medicare guarantee,
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inflationary' boom of the 1920's). This expansion of money and credit is the root cause of the financial and economic crisis the euro area is in now. This point cannot be stressed often enough: the crisis has nothing to do with the 'different state of economic development' or the 'different work ethic' of the countries concerned. It is solely a result of the preceding credit expansion. Since long term interest rates are essentially the sum of the expected path of short term interest rates plus a risk and price premium, the central bank's manipulation of short term rates will usually also be reflected in long term rates. In the euro area's periphery, the central bank has lost control over interest rates since the crisis has begun. The market these days usually expresses growing doubts about the solvency of sovereign debtors by flattening their yield curve: short term rates will tend to rise faster than long term ones. This in essence indicates that default (or a bailout application) is expected to happen in the near future. It is possible that this effect has also influenced the ECB's decision to concentrate future bond buying on the short end of the yield curve. However, as is usually the case with such interventions, there are likely to be unintended consequences. The Rollover Problem Recently the bond maturity profile of Italy and Spain looked as depicted in the charts below. Note that the charts are already
slightly dated (this snapshot was taken at the beginning of the year), so there may have been a few changes in the meantime, but they probably still represent a reasonably good overview of the situation: There has been an enormous shift in the maturity schedule of the debt of both governments when we compare these charts to the situation as it looked in May of 2010, when the following snapshots were taken: As of mid 2010, Italy had 168.2 billion of debt coming due in 2012. At the beginning of 2012, this had increased to 319.6 billion a near doubling. In Spain, the change is even more extreme: As of mid 2010, Italy had 168.2 billion of debt coming due in 2012. At the beginning of 2012, this had increased to 319.6 billion a near doubling. In Spain, the change is even more extreme: In mid 2010, 61.2 billion of bonds were expected to mature in 2012. At the beginning of 2012, this number had swelled to 142.2 billion. What accounts for this enormous change? When interest rates began to rise sharply, the governments of Spain and Italy ceased to issue long term debt, opting to shorten the maturity spectrum of their debt instead. This was done because long term interest rates had become too high for their taste. It was no longer considered affordable to finance the government at these rates
when they exceeded 6% and later temporarily even 7%. Thus panic began to set in when short term interest rates began to rise sharply as well in November of 2011 and again from March 2012 onward. Now we can already see what the problem with the ECB's plan is: it will tend to shorten the average maturity of peripheral debt even further once it is implemented. In fact, it already has this effect even before the ECB has bought a single bond, as rates on the short end of the curve have recently fallen sharply in reaction to the announcement. As Bloomberg reports: European Central Bank President Mario Draghis bid to bring down Spanish and Italian yields may spur the nations to sell more short -dated notes, swelling the debt pile that needs refinancing in the coming years. [] In a way what the ECB has done is making the situation worse, said Nicola Marinelli, who oversees $160 million at Glendevon King Asset Management in London. Focusing on the short-end is very dangerous for a country because it means that every year after this they will have to roll over a much larger percentage of their debt. The average maturity of Italys debt is 6.7 years, the lowest since 2005, the debt agency said in its quarterly bulletin. The target this year is to keep that average at just below seven years, according to Maria Cannata, who heads the
agency. In Spain, where the 10year benchmark bond yields 6.94 percent, the average life is 6.3 years, the lowest since 2004, data on the Treasurys website show. Driving down the short-dated yields provides a little bit of comfort and encourages Spain and Italy to issue more at the shortend, Marc Ostwald, a strategist at Monument Securities Ltd. in London, said. The problem is that you are building up a refinancing mountain. (emphasis added) Even if the ECB buys the bonds of Italy and Spain, they will still have to repay them and regularly roll them over at maturity. By inducing them to shorten the average maturity of their debt further, the ECB creates new risks, especially as the economic downturn remains in full swing and is likely to worsen the fiscal situation of both countries in the short to medium term. Interestingly, a similar shortening of average debt maturities can be observed in the euro area's 'core' countries. France is certainly considered a 'core' country and is currently treated as a 'safe haven' by bond investors. However, this is a tenuous situation, as it can still not be ruled out that the government will eventually be called upon to bail out the country's banks. At the moment all is quiet on that front, but it was only in November last year when the market was extremely worried about the risk these banks face in view of their enormous balance sheets and potential funding
problems. A similar tendency to shorten the government's debt maturity profile can be oberved in Germany: Now, Germany and France are obviously not expected to have problems rolling over their debt in the near term. The problem is rather that all these countries compete for the same investment funds. In other words, the shortening of the average debt maturity in France and Germany indirectly puts more pressure on the periphery, as the total of debt rollovers in the euro area has become much larger than it was previously. It is of course no wonder that the German treasury is eager to sell lots of debt maturing in two years or less: investors are currently stomaching negative yields on this debt, i.e., the actually pay Germany's government for the privilege of lending it money. This may be great for Germany's government finances, but it it not without risk either. After all, given that Germany is the euro area's 'paymaster', it has taken on a huge and ever growing amount of guarantees. What if the crisis worsens and Germany's guarantees are called in? In that case it could turn out that it was a big mistake to take on so much short term debt just because it looked extraordinarily cheap. The ECB's bond buying plan meanwhile is going to pile on even more rollover risk. GUEST page 25
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Ponzi Bank Financing of "Wealth Management Products" in China Backed by Dubious Real Estate Projects; "Golden Elephants", Poway, and Pay Option ARMs
noreply@blogger.com (Mike Mish Shedlock) (Mish's Global Economic Trend Analysis)
government is holding onto the flats and only wants to sell them when prices go up." Golden Elephant No. 38 is one of Submitted at 8/11/2012 11:30:00 AM Top Chinese banks are involved thousands of "wealth-management in Ponzi financing of investment products", instruments aimed at deals, offering interest rates over monied investors, which have 7% to depositors, to finance real shown phenomenal growth over estate projects gone bust and other the last five years. Sales of them projects whose assets are not even soared 43 percent in the first half disclosed. of 2012 to 12.14 trillion yuan Banks label these schemes ($1.90 trillion), according to a "Wealth Management Products" report by CN Benefit, a Chinese (WMPs) but any individuls wealth-management consultancy. foolish enough to invest in them They are usually created in are going to lose money, perhaps China's "shadow banking" system all of it. - non-banking institutions that are Reuters explains in a special n o t s u b j e c t t o t h e s a m e report China's answer to subprime regulations as banks - which has bets: the "Golden Elephant" The grown to account for around a Chinese investment vehicle fifth of all new financing in known as "Golden Elephant No. China. 38" promises buyers a 7.2 percent Like the subprime-debt lending return per year. That's more than spree in the United States that double the rate offered on savings helped spark the 2008 financial accounts nationally. crisis, the products are often Absent from the product's opaque, and usually dependent on prospectus is any indication of the high-risk underlying assets, such a s s e t u n d e r p i n n i n g G o l d e n as the Taihe housing project. Elephant: a near-empty housing Chinese Banks Weapons of Mass project in the rural town of Taihe, Ponzi at the end of a dirt path amid rice Financial Times Alphaville fields in one of China's poorest picked up on the story in Chinese provinces. Banks Weapons of Mass Ponzi "They haven't even built a proper We wrote last week that Chinas road here," said Li Chun, a car shadow banking system was repairman, who said he lives in reflecting and, to an extent, t h e p r o j e c t . " T h e l o c a l contributing to a growing liquidity
risk which in turn is being exacerbated by net capital outflows. Since then, there have been some interesting revelations on the domestic liquidity management, especially in shadow banking, and especially especially in wealth management products. To recap, wealth management products or WMPs are a little like a term deposit, only they offer Chinese investors a more appealing rate of return than a normal bank deposit (which will deliver a negative real return) and it can be backed by assets effectively, an informal
might happen in the Chinese banking system, but there are plenty of possible triggers to be found. A story on Tuesday in China Daily cited a study by The Chinese Banker that found capital shortfalls among the five biggest banks would grow sharply in 2012 and 2013. The China Daily link is now broken, unfortunately, [Mish Note: the link is now working] but Chinascope Financial has a summary: "Data from the report shows that capital shortfall in Chinas major five state-owned banks in 2012 will be: CNY 60.4 billion (Industrial and Commercial Bank of China), CNY 63.5 billion securitisation. (Agricultural Bank of China), If youre wondering what sort of CNY 37.6 billion (Bank of assets that includes, Reuters wrote China), CNY 35.4 billion (China up an excellent investigation of Construction Bank), and CNY the WMP scene, beginning with 4 7 . 8 b i l l i o n ( B a n k o f t h e c a s e s t u d y o f G o l d e n Communications). By the end of Elephant no. 38 which promises a 2013, the capital gap of the five 7.5 per cent return. It shows just banks will further increase to how illiquid some of these things CNY 69.1 billion, CNY 83.8 are. billion, CNY 78.7 billion, CNY At the same time as the risks 39.9 billion and CNY 68.7 billion, around WMP issuance are gaining respectively." Capital Shortfalls attention, something else is going Alphaville totaled the above on in Chinese financial system: numbers and came up with a interbank assets are surging, as capital shortfall of Rmb 244.7 Also Sprach Analyst points out. billion for 2012 and a Rmb 340.2 Theres no knowing when, how PONZI page 25 or if some kind of liquidity crisis
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billion shortfall by the end of 2013. While converting Rmb 244.7 billion to US dollars (the answer is $72.11 billion), I accidentally stumbled across the Rmb 244.7 billion figure in KPMG China's weekly banking news summary Better than expected profits from Chinese banks Ten Chinese commercial banks have reported better than expected net profits of RMB 244.7 billion (USD 72.11 billion) in the first half of 2011, approximately 30 percent more than the net profits reported for the same period in 2010. The increase was boosted by strong growth in the banks net interest income and intermediary business. Better than expected earnings exactly match expected capital shortfalls. Fancy that. Poway, Golden Elephants, and Pay Option ARMs This setup sounds much like the "better than expected earnings" reports by US banks in 2006 on Pay Option ARMs. No money came in to banks but accrued
interest added to the bottom line (until the deferred payment scheme on questionable assets blew sky high). Poway vs. "Golden Elephant" "Golden Elephant" also sounds like the Ponzi scheme in Poway, California. Poway borrowed $105 million and will defer interest and principal payments for 20 years at which time Poway will owe $1 billion. For further details, please see Ponzi Financing in Poway California Based on Massively Rising Property Values Regarding Poway, I was asked "Who is dumber, the city of Poway or the bank that made the loan?" That's a good question. Certainly the bank that originated the loan will not be paid back if they hold this loan to term. But did they keep it? Given the fiasco in Pay Option ARMs I rather doubt it. Indeed, I highly suspect the bank that originated the deal sold the loan to some unsuspecting
pension plan such as CALPers, or perhaps some plan covering Poway itself. Mike "Mish" Shedlock h t t p : / / globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http:// www.sitkapacific.com/ account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
All in all we are left to conclude that the euro area's governments have exposed themselves to additional risks that could have been easily avoided. The history of the ECB's now defunct 'SMP', via 'Der Spiegel' Interest rates in the UK: the BoE has also lost control over rates to some extent. There is a growing gap between the 'target rate' and the rates charged to various types of bank customers. Chart via Ed Conway. Average: Your rating: None Average: 3.7(
3 votes) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Big businesses are the engines for UK growth

Sir Roger Carr (Finance News Business news from the UK and world)
Submitted at 8/11/2012 11:25:01 AM
reinvigorated from their summer vacation, to take on the very real challenges facing corporate Britain.
In the next few weeks politicians, businessmen and women all over the country will be returning,
Yo-yos in space with Don Pettit [video]

(Holy Kaw!)
Submitted at 8/11/2012 11:20:00 AM
Its only a matter of time before we start getting footage of NASA astronaut Don Pettit annoying his colleagues on the International
Space Station by guerilla knitting a capsule or two, but in the meantime, feel free to learn a little something about using a yo-yo in zero gravity with the man who is apparently never bored. Kids, stay tuned through the end
Full story at YouTube via Mashable. Fun with science. Permalink| Leave a comment for some valuable life lessons, too.
25 Cutting Edge Firms Funded By nTher eCIAC e n t r a l I t ' s CUTTING page 26 o sec t the
Intelligence Agency has an
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investment firm that funds startups that could have a big impact for the Agency. If there is a company out there doing intelligence research, it's likely that In-Q-Tel, the CIA's personal investor, either looked them up or made a check out to them. It's all to ensure that the Agency remains on the forefront of tech. Not long ago, In-Q-Tel invested heavily in a company called Keyhole. Never heard of them? Maybe you know their work, a little project eventually known as Google Maps. So, want to know what's next for technology? Keep an eye on these 25 companies. 3VR is a video surveillance company that is changing the game The company 3VR Inc develops software enabling organizations to mine data from video. In-Q-Tel first invested in the company in 2005. 3VR works
with leading banks, governments, law enforcement and retailers at the moment. They also own CrimeDex, which is basically the place where loss prevention and law enforcement professionals hang out online. Adaptx creates digital pens that speed up field data collection. Of course the CIA invested in this company. They make pens with gadgets hidden in them. Adaptx first received In-Q-Tel funding in 2008. They design special digital pens that expedite data entry. For instance, handwritten markup on maps would be automatically integrated into the CIA's system. Field journal notes can be automatically backed up digitally. That data can be sent over a cellphone connection. This is on of many gadget companies the CIA has bought into. Basis Technology synthesizes the
foreign chatter The CIA is obviously extremely interested in what is going on in the rest of the world. They are one of the largest employers of talented linguists, but that gets very expensive. So it's no surprised they're interested in Basis Technology, which provides software for text analytics in over twenty languages. They work primarily in applied natural language processing, deriving meaning from the ways people actually use language. InQ-Tel has been invested in the firm since 2004. See the rest of the story at Business Insider Please follow Military & Defense on Twitter and Facebook.
Albacore fishermens best catch of the day: Dolphin pod on the GoPro [video]
(Holy Kaw!)
Submitted at 8/11/2012 11:33:00 AM
Mark Peters and company werent disappointed with their catch from a recent albacore fishing trip off Santa Cruz, but the real haul was the incredible footage they captured of a pod of dolphins with the GoPro Torpedo Peters built to record their adventure from all angles.
Full story at Vimeo. A great day fishing. Permalink| Leave a comment
At Union Rally, DNC Chair and Labor Chief Launch Broadside Against Paul Ryan
Mark Hemingway (The Weekly Standard)
Submitted at 8/11/2012 12:57:00 PM
Basketball: Spain looms as toughest test for U.S

reigning champions when they face Spain on Sunday in a replay of their 2008 Games final. It Submitted at 8/11/2012 12:54:33 PM promises a contrast of size versus LONDON (Reuters) - The U.S. speed, with a close-knit team of men's basketball team expect their brothers on the two-times running toughest test in what could be a European champions from Spain match-up nightmare for the going against a fast-bonding
Richard Trumka speaks to an AFL-CIO gathering in 2009. Philadelphia Speaking at the Workers Stand for America union rally in wasted no time attacking newly Philadelphia today, Democratic announced Republican vice g r o u p o f N B A A l l - S t a r s National Committee chair Rep. presidential candidate Paul Ryan. representing the United States. Debbie Wasserman Schultz Led by LeBron James, Kevin Durant and Kobe Bryant, the U.S. ...
Culture/
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Pitfall! Creator David Crane Seeks $950K to Kickstart JungleVenture

Chris Kohler (Wired Top Stories)
Submitted at 8/11/2012 12:00:00 PM
Concept art for the hero of David Cranes new game, JungleVenture. Image courtesy JungleVenture, Inc. LAS VEGAS Thirty years later, Pitfall! papa David Crane is heading back into the jungle. People say, Hey, its the 30th anniversary, you should do Pitfall! 3, Crane told Wired. And I say, I cant. Activision owns it. Although David Crane cofounded Activision in 1979, he hasnt been associated with the giant game publisher in decades. So hes proposing the next best thing. At the Classic Gaming Expo this weekend in Las Vegas, Crane will announce a Kickstarter drive for JungleVenture, a spiritual successor to the groundbreaking action game that made him famous. Crane will seek $950,000 in funding, hoping that gamers will get excited about the prospect of the legendary game designer creating a new action game with a familiar premise. He hopes to ship the game in December 2013. On Friday, Activision published its own Pitfall! game for iOS, produced without Cranes
involvement. This has always been my calling. Crane has grander ambitions for his follow-up. He currently plans to create JungleVenture using the Unity game engine, creating a polygonal world with sidescrolling gameplay.
Its not going to be a 3-D chase through the jungle in first person, he says, largely because of budget constraints. You can spend 10 to 20 million dollars on those kinds of games, and thats not what were going for here. Imagine youre in a fabulous living breathing jungle but the
path happens to be left or right across the screen, he says. You might move in 3-D at certain times; there may be some firstperson segments. Crane says he has a design that will allow JungleVenture to be produced for under $1 million. If the Kickstarter drive raises extra
money, Crane says he will be adding extra features to the game design, which is currently still in the conceptual stage. It does pay homage to the games people know me for: easy to pick up and understand but still very PITFALL! page 28
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compelling, he says. I like to teach people the skills they need in a game before they need them, and work them into it gently. By the end, you know everything you have to do to complete the adventure. Concept art for the JungleVenture enemy characters and hero. Image courtesy JungleVenture, Inc. Long recognized as a pioneer in the gaming industry, David Crane fought for game designers to be treated like novel authors or film directors. When their superiors at Atari refused to credit them for their work, Crane and his fellow designers quit and formed Activision, the first third-party game publisher. Since then, he has continued to design and program games, most recently a slew of iPhone and browser-based casual titles for the companies Skyworks and AppStar. This has always been my calling, Crane says of creating games. How do I say this without sounding too arrogant? Im good at it. Theres nobody in the business whos been in it as long as I have who still writes the
code. The code is what brings the game to life. The game will be produced by a new San Francisco-based outfit called JungleVenture, Inc, which also includes three former Viacom /Nickelodeon executives: John vanSuchtelen, former vice president of AddictingGames; David Bergantino, former Nickelodeon VP of digital production and game writer; and graphic designer Bill Wentworth. The new company will produce the game for the Mac and PC platforms to start, but Crane has an eye on creating versions for smartphones and tablets if the Kickstarter drive raises enough money. While Crane says JungleVenture may attempt to raise development funds through more traditional means if the Kickstarter does not meet its goal, he would much prefer to have the direct connection between the player and the creator that crowdfunding allows. A lot of people think of Kickstarter as being only a place where indie developers get a chance to do something a publisher will never let them do,
but I dont see it that way, he says. What I want to do is reach the game players directly, let them decide what games they want and from what team. Voting by backing projects, instead of leaving it up to some publishers boardroom, Crane says. When you when you take a project like this one to a publisher, theyre going to have creative control, control over the budget. The backers of my Kickstarter project are going to be people who say, I want to see what David Crane can do with full creative control. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go Jordan Mallory (Joystiq) To Work.
Minecraft: Pocket Edition adds bows, skeletons and spiders

Submitted at 8/11/2012 1:30:00 PM
Let's just skip the "Is that a bone in your pocket?" joke we're all thinking and get straight to business: Minecraft: Pocket Edition has been updated and now includes skeletons, spiders and best of all, a bow to kill skeletons and spiders with. Skeletons and spiders are cool and atmospheric and everything, but they're even cooler when they can't murder you on account of being riddled with hundreds and hundreds of arrows.
The update also fixes around 20 or so known glitches, including one called "burning world," which sounds rather inconvenient. Currently, only the iOS version of Minecraft has these updates listed, though we wouldn't figure that a similar update for the Android version would be far behind. Minecraft: Pocket Edition adds bows, skeletons and spiders originally appeared on Joystiq on Sat, 11 Aug 2012 13:30:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments
Politics-Left/
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Romney chooses Paul Ryan as running mate

(AL JAZEERA ENGLISH (AJE))
Submitted at 8/11/2012 1:48:53 PM
Mitt Romney, the US Republican presidential candidate, has chosen Paul Ryan, Wisconsin congressman, as his vicepresidential running mate. Romney appeared together with Ryan, who chairs the US House of Representatives Budget Committee, at an event in Norfolk, Virginia on Saturday to announce his pick for vicepresident. Romney said Ryan, 42, "has become an intellectual leader of the Republican Party," and stressed that their campaign will focus on ways to create jobs, protect Medicare and Social Security, and repeal the health care law enacted under Democratic President Barack Obama. "His leadership begins with character and values ... Paul Ryan works in Washington but his roots remain in Janesville, Wisconsin," Romney said. Al Jazeera's Alan Fisher, reporting from Washington, said the choice of Ryan is, "a statement by Mitt Romney that he believes that the economy is the most important issue". He said despite Ryan's age, after 13 years in the House he was experienced. "[Romney] has said persistently over the last few months that whoever he picks as vicepresident should be able to lead in
their own right if anything ever happened to him," our correspondent said. When the time arrived for Romney's big introduction of Ryan on stage on Saturday, Romney's tongue briefly let him down. "Join me in welcoming the next president of the United States, Paul Ryan," a beaming Romney said at the event in front of a retired battleship USS Wisconsin. Moments later Romney returned to the podium. "Every now and then I'm known to make a mistake. I did not make a mistake with this guy," he said of Ryan. But he corrected himself, saying the Wisconsin congressman is "going to be the next vicepresident of the United States." Bold choice The announcement marked the end a months-long search by Romney for a running mate to join him in facing Obama and Vice-President Joe Biden in the November 6 election. His choice of running mate is a bold one and comes after polls this week showed him falling slightly behind Obama in what is still a close race, in a campaign that is focused largely on the weak US economy. In-depth coverage of the US presidential election The selection of Ryan brings a measure of youthful exuberance and energy to the Republican ticket as party activists prepare to gather in Tampa, Florida, late this
month for a convention to formally choose Romney as their presidential nominee. Ryan's selection also immediately draws attention to a budget plan he proposed as House budget chairman that would include controversial cuts in government health programmes for the elderly and poor. "We're in a different and dangerous moment. We're running out of time and we can't afford four more years of this," Ryan told the crowd. "Politicians from both parties have made empty promises which will soon become broken promises with painful consequences if we fail to act now." He drew his biggest reaction, saying: "Our rights come from nature and God, not from government."
'Back to the economy' Conservative leaders, increasingly anxious over the state of Romney's campaign, had urged him to pass over reliable - but not particularly inspiring - figures such as Rob Portman, Ohio senator, and Tim Pawlenty, former Minnesota governor, and instead go for Ryan. Ryan is a favourite of the conservative Tea Party, an antitax, limited-government movement that helped Republicans take over the US House of Representatives in 2010. Charlie Wolf, a conservative political analyst based in the UK, told Al Jazeera that Romneys choice of a running mate was a wise decision as it puts the economy "front and centre". "And [the economy] is where Mr Obama ... just cannot win if you look at the debt hes racked up,
and you look at unemployment, the deficit," Wolf said. "[Obama] has been trying his best to stay off the economy ... and now it firmly goes back to that topic." Democrats are eager to pounce on Ryan's budget plan with its proposed cuts to programmes for the elderly - particularly in Florida, where many seniors live and which could be a crucial state in the November election. Ryan's selection makes the Florida leg of Romney's bus tour an instant test for the new ticket. Obama's campaign manager, Jim Messina, said in a statement that Ryan shares Romney's commitment to "the flawed theory that new budget-busting tax cuts for the wealthy, while placing greater burdens on the middle class and seniors, will somehow deliver a stronger economy". Romney starts a bus tour on Saturday through four politically divided states that he needs to win in November: Virginia, North Carolina, Florida and Ohio. 810 This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
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Politics-Left/ Social Media/
Dozens killed in northwest Iran earthquakes

(AL JAZEERA ENGLISH (AJE))
Submitted at 8/11/2012 1:35:07 PM
the same spot. A series of 11 smaller aftershocks rating 4.7 or below rapidly followed. Two strong earthquakes have hit "We are asking people to not northwestern Iran, killing at least panic," Saie said. "Help is arriving 80 people and injuring scores and rescuers are already at the more, Iranian officials have told scene." the state news agency. Widespread damage Khalid Saie, the head of the Officials had to use radios r e g i o n a l n a t u r a l d i s a s t e r s because of disrupted telephone centre, said that 30 people were communications in the region and killed in Ahar, 40 in Varzeghan dispatched helicopters to remote and 17 others in Haris after the villages. earthquakes in East Azerbaijan According to the local Red province. Crescent director, cited by the He said that more than 400 official news agency IRNA, 210 people had also been injured. people were rescued from the Earlier, Gholamreza Masoumi, q u a k e r u b b l e a n d t a k e n t o the country's head of emergency h o s p i t a l . services said that the injured were An emergency services official being taken to Tabriz, the biggest said 66 rescue teams were at city in the region, and Ardebil, a work, using 40 devices and seven neighouring province. dog squads to detect buried Panicked residents fled their s u r v i v o r s . H e s a i d 1 8 5 homes after the earthquakes on ambulances had been sent to the S a t u r d a y , w h i c h t h e U S area. Geological Survey ranked at 6.4 Those hurt were taken to and 6.3 on the Richter scale. hospitals in Tabriz and Ardebil, T e h r a n U n i v e r s i t y ' s the two biggest nearby cities, both Seismological Centre said the first of which escaped relatively earthquake hit at 4:53pm local unscathed by the earthquakes. time (12:23 GMT) with an The towns of Ahar and epicentre just 60km from Tabriz, Varzeghan, 60km from Tabriz, close to the town of Ahar, and a were the hardest hit, being closest depth of 10km. to the epicentres of the two The second - a big aftershock - quakes. Haris, another town close hit 11 minutes later from nearly by, was also badly shaken. Scores
of villages were decimated. Ahmad Alireza Beigi, the regional governor, told state television that while the city of Tabriz was relatively free of major damage, he was more concerned about the surrounding villages. "Sixty villages... have been heavily damaged and are in need of help," Abbas Fallah, a lawmaker in the hard-hit town of Ahar, told the semi-official Mehr news agency. Lawmaker Abbas Falah said people in the region are in need of bread, tents and drinking water. Earthquake-prone area Iran sits astride several major fault lines and is prone to frequent earthquakes, some of which have been devastating. Tabriz is a major city and trading hub far from Iran's oil producing areas. Though buildings in the city are substantially built, homes and businesses in Iranian villages are often made of concrete blocks or mud brick that can crumble and collapse in a strong quake. A local provincial official urged people in the region to stay outdoors during the night for fear of aftershocks, according to IRNA. The deadliest recent tremor in Iran was a 6.6-magnitude quake
which struck the southern city of Bam in December 2003, killing 31,000 people - about a quarter of the population - and destroying the city's ancient mud-built citadel. Ghanbar Naderi, a Tehran-based journalist, told Al Jazeera that the earthquakes had created concern in the capital. "These particular earthquakes have created a lot of concern in the Iranian capital, Tehran. Because the capital sits on three major faultlines and the last earthquake killed thousands of people," he told Al Jazeera. "We don't know when the next earthquake is going to hit the capital Tehran, and unfortunately some of the houses just like the houses in East Azerbaijan ... are not built based on standard requirements and they don't follow housing codes." 635 This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
5 Tips to Take Food Photos Good Enough to Eat

Samantha Murphy (Mashable!)
Submitted at 8/11/2012 12:10:41 PM
The world's most delicious cheeseburger has just appeared before you and you can't resist snapping a picture. But all too often, pictures of food never come out the way you'd like them to. Whether it's the lighting or the angle in which you're holding the camera, there are a few things to keep in mind at home or at a restaurant that enhance the outcome of food pictures. "Smartphone photos of food are often taken in dimly lit restaurants and sometimes, plates have already been partially devoured," a spokesperson for photo service Dreamstime said. "Photos should be taken with the viewer in mind - these are the ones that will be most appealing to look at." Want to share a snapsh Continue reading... More About: Facebook, Twitter, instagram, iphone, smartphones, trending
Gaming/ Social Media/
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Dog Is Terrified of Low-Fat Lamb Jerky [VIDEO]

Charlie White (Mashable!)
Arc System Works 'The Triforce of Bass' bringing Vector Racing to US eShop is three pay-what-youJordan Mallory (Joystiq)
Submitted at 8/11/2012 12:03:00 PM
Submitted at 8/11/2012 12:48:06 PM
If you've ever wondered what it would be like if F-Zero and every game ever released for the Vectrex had a baby, wonder no more: Vector Racing appears to be that very thing. Originally an iPhone title from Sweet-Soft, Arc System Work's 3DS port of Vector Racing will come to the eShop on August 23 at an unknown price point, according to Siliconera. The game features 12 line-art tracks, six outline vehicles and
Dogs usually love beef jerky, but this is not beef jerky. When presented with low-fat lamb jerky, this five-month-old Labrador Retriever not only expresses his displeasure, but we're detecting a bit of fear. In the video's YouTube several different play modes, description, his owner says, "This including Grand Prix, Time Trial, is strange and yet hilarious, Versus and local multiplayer. No Jordan Mallory (Joystiq) sold on a "name your price" basis, because this is a dog who will eat online multiplayer support, but Submitted at 8/11/2012 3:00:00 PM meaning that customers can pay a n y t h i n g a n d p r e t t y m u c h the game does support as little or as much as they want everything." But he wants to make leaderboards, which means you GameChops, an indie chiptune/ for all 15 songs. From what we it clear that this YouTube video can find out who's caused the remix record label founded by DJ can tell, the only way to prevent isn't showing him abusing the most retina damage in the shortest Cutman, has released a collection DJ Cutman from dropping the young dog: "I will have you know amount of time. of three electronic dance music bass is through repeated use of that this in no way counts as Arc System Works bringing EPs based off various titles in the Guts Man's Super Arm. abuse. Once I finished filming, he Vector Racing to US eShop Zelda franchise, such as A Link to 'The Triforce of Bass' is three pay went back to playing with his originally appeared on Joystiq on the Past and Skyward Sword. The -what-you-want Zelda remix EPs toys. He is a much loved and Sat, 11 Aug 2012 12:03:00 EST. Triforce of Bass features three originally appeared on Joystiq on much spoiled pup. :)" Please see our terms for use of five-track collections of tunes that Sat, 11 Aug 2012 15:00:00 EST. But just look at the sad feeds. include varying degrees of wub Please see our terms for use of expression on the dog's face. Permalink| Email this| Comments from DJ Cutman, Spamtron, feeds. Sur Mykah and dj-Jo. Permalink| Email this| Comments Continue reading... Available here, the chiptune/ More About: dogs, viral video dubstep/trip-hop album is being
want Zelda remix EPs
32
Politics-Right/
David Frum
(David Frum)
Andrew Sullivan complained yesterday that I had engaged in a McCarthyite attack on Ron Paul by writing the following: A politician isnt answerable for the antics of every one of his supporters. But theres surely a reason, isnt there, that racists, anti-Semites, 9/11 Truthers, and Holocaust deniers are so strongly attracted to the Paul campaign. They hear something. They continue to hear it too, no matter how firmly Ron Pauls more mainstream supporters clamp their hands over their own ears. Andrews riposte: Notice how pure the smear is, enabled and not diminished by the first sentence. Notice the key concept of Beltway ideological policemen: there is a mainstream and a non-mainstream. Dabble with the latter at your peril. Since David has perished by the cult of the mainstream, its odd he should deploy it against others. But to throw in Holocaust denial and 9/11 Truthers for good measure! Really. And notice how particularly cheap and easy it is to use such tactics against a libertarian. The traditional left is often based on collective associations, building a movement out of oppressed groups and their grievances, whether it be class or race or even
sexual orientation. Libertarianism is the opposite. Its about dis associating. When you listen to Paul saying he will not turn anyone away from supporting his platform regardless of their motives or beliefs, you are hearing a reflection of his libertarianism, not his bigotry. He will accept support from any quarter and compared with the corporate money flowing into the other candidates coffers, he is about as independent as a presidential candidate can be. Because he is a radical individualist, he doesnt even understand why he should somehow explain the belief of others, or justify their support. You should ask them, not him. This kind of gotcha-association game is particularly easy because libertarians favor liberty above all, and that will necessarily mean liberty for bigots as well as others. A principled belief in states rights will doubtless lead to more racist and homophobic policies in many states but also, of course, more enlightened and successful inclusive states like Oregon or New York or Massachusetts or California. A rejection of statism might lead to more discrimination in the private sector. But it doesnt mandate it. And it need not encourage it. A noninterventionist foreign policy will allow evil to triumph elsewhere in
the world, because it believes its none of our business or too riddled with unintended consequences to try extirpating. That may be right or wrong, but it is not an approval of the evil of Assad or Ahmedinejad or the North Korean junta. And again, it is actually much deeper an American tradition than permanent warfare. But if you can trot out David Duke or Ayatollah Khamenei as potential Paul supporters, you have a very easy, cheap and essentially McCarthyite target. It saddens me that this kind of tactic works. I still believe that the newsletters, because they were in Pauls name, require a clearer explanation from Paul than the muddled ones he has given. He should not be left off the hook. And his proposals deserve a thorough vetting and discussion. But there is something awry when a candidate is assessed not on his arguments and proposals but on the shadiness and ugliness of some of his fringe supporters. Ron Pauls supporters ask that their candidate not be judged by his associates. Or by the people he chose to employ. Or by the newsletters he published. Or by the book he wrote. Or by the way he earned the largest part of his living when out of office in the 1990s. Or by his purchase of the mailing list of the Holocaust-
denying Liberty Lobby. Or by the radio shows he chooses to appear on. Or by his strategic decision to reach out to racist voters. Or by the conspiracy theories to which he lends credence, from government creation of AIDS to Israeli culpability for the 1993 bombing to a putative 9/11 coverup. And here I thought that libertarianism was a doctrine of personal responsibility? May Ron Paul at least be judged by the words he has spoken with his own mouth within the current campaign? The supporters say no again. When Ron Paul tells an interviewer that the Civil Rights Act of 1964 made race relations worse, were not supposed to consider what he might mean by better. When Ron Paul warns that a border fence would be used to prevent fleeing American citizens from exiting the country, were not supposed to conclude that hes a paranoid crank. Andrew deploys what might be called the ontological defense of Ron Paul, as follows: 1) Ron Paul is a libertarian. 2) Libertarians espouse individualism. 3) Racism is a form of antiindividualism. 4) Therefore Ron Paul cannot be a racist. That is a demonstration of what
might be called the deductive method of reasoning. But theres another way to study reality: induction. Like this: 1) Ron Paul has again and again exploited bigotry, paranoia, and hate as fundraising devices. 2) Ron Paul is a libertarian. 3) So yes, I guess it is possible for a libertarian to do that. Heres my question for Ron Paul supporters: why the denial of the undeniable? Perhaps you like Pauls message of legalized marijuana? Why not just say so? You dont think its important to stop Iran from gaining nuclear weapons? Argue it forthrightly. If you regard Social Security and Medicare as literally the moral equivalents of slavery, go ahead, make your case. But all this excuse-making, special pleading and jiggering of the rules of evidence so as to exculpate Ron Paul from the record of his whole political life? For what? This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Social Media/ Daily World/
33
Police admit 'error' in Tia search

The body was found in the house a week after the 12-year-old was reported missing. S c h o o l g i r l T i a S h a r p ' s Mr Basu explained that the first grandmother and her partner are examination of the property on being questioned on suspicion of receiving the report last Friday murder as police said sorry for not was not a full search. He said finding a body at their home mistakes were made on the sooner. second search two days later. This Christine Sharp, 46, and Stuart exercise took two hours. Mr Basu Hazell, 37, were arrested on said the occupiers gave their Friday night after human remains consent to this search. "All parts were discovered in the house in of the premises were searched New Addington, south London. including the location where a The body was found on Friday on body was discovered, five days the fourth police examination of later, on Friday, August 10," he the terraced property in a week, said. but police have not yet confirmed "An early review has been Chelsea Stark (Mashable!) strap on their own Proton Packs that it is that of missing Tia. conducted and it is now clear that and get after ghosts around them. Submitted at 8/11/2012 1:20:44 PM Metropolitan Police South East h u m a n e r r o r d e l a y e d t h e When you load the app, you'll see Something strange in your Foursquare locations around you London Area Commander Neil discovery of the body within the neighborhood? Instead of picking that have been "haunted" by Basu said "human error" was to house. We have apologised to up your iPhone to call the ghosts. Click on one, and a ghost blame for not locating the body Tia's mother that our procedures Ghostbusters, bust those ghosts will appear in front of you on sooner and apologised to Tia's did not lead to the discovery of yourself in the new Ghostbusters: your phone's display. They don't mother Natalie. "On behalf of the the body on this search." Metropolitan Police I apologise He said a third visit took place on Paranormal Blast game. just sit idly by; these ghosts are for the distress and concern this Wednesday. "This was not a Ghostbusters: Paranormal Blast[ feisty, and will attack delay will have caused," he said. search, but the attendance of a iTunes link] uses alternate reality Continue reading... to allow you to chase down and More About: Ghostbusters, iOS, Christine Sharp's next-door body recovery dog to assist the neighbour Paul Meehan, 39, has i n v e s t i g a t i o n t e a m i n t h e i r capture ghosts near you. It's a iPhone games been arrested on suspicion of inquiries," he said. "It is not novel game allowing players to assisting an offender. appropriate to comment further on
Submitted at 8/11/2012 12:30:09 PM
(Evening Standard - News)
Capture Ghosts at Foursquare Spots With Ghostbusters iOS Game
aspects of the criminal investigation currently being conducted but our investigation was such that it was decided that a further intrusive search needed to be undertaken - it was that search, yesterday, which resulted in the discovery." He added: "A continuing review and examination of our search processes will be undertaken to ensure such a failing is not repeated." Two police officers are on duty this evening outside an apartment block in Mitcham, south London, believed to be the home of Tia's mother Natalie. One officer guarded a second-floor flat while another officer, who stood on the ground floor, confirmed Ms Sharp was not currently at the address. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
34
Daily World/
Theresa May dons lucky GB pumps ahead of Mo Farah's bid for glory
Star Farah goes for gold in 5,000m

so I'm wearing them again today." A week ago, Jessica Ennis's Submitted at 8/11/2012 1:27:21 PM victory in the heptathlon came Home Secretary Theresa May within 45 minutes of Mo Farah arrived at the Olympic Stadium to winning the 10,000m and Greg cheer on Mo Farah wearing a pair Rutherford taking the long jump of lucky Union Jack pumps title. Tonight Farah will try and Mrs May last wore the sparkling make it two golds as he competes red, white and blue shoes when in the men's 5000m final. she watched Team GB bring Today, Mrs May and Olympics home three golds in 45 minutes on supremo Lord Coe were mobbed its most successful day in modern by excited spectators as they Olympic history last weekend. walked around the Olympic Park Embracing the Olympic spirit, in east London. Mrs May said: "I thought I would As crowds gathered outside the show a bit of patriotic spirit and main stadium, dozens of fans get behind Team GB, which the shouted out congratulations to public have been doing in a Lord Coe on a "brilliant Games", magnificent way. telling him he had done a "I wore these last Saturday when "cracking job" while others told we did quite well in the stadium Mrs May London 2012 was "an
amazing experience". The Home Secretary thanked officers helping to provide a "safe and secure" Olympics during her visit to the operations centre. She also talked with Metropolitan Police Sgt Darren Duffy, on his horse Jeanette, and South Yorkshire Pc Kate Leake, on her horse Oakwell, who were on duty at the Olympic Park. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
gold and Tom Daley dives for a medal in the Aquatic Centre. Submitted at 8/11/2012 12:30:08 PM A win for Farah would cement Mo Farah will bid to become his position among Britain's best, Britain's greatest track and field according to Games chief Lord athlete as he goes for a second Coe. gold of London 2012. Asked whether Farah could Victory for the 29-year-old in the achieve the double, the Locog 5,000m, seven days after he set chairman said: "Yes he can - a lot the Olympic Stadium alight by will depend on how much he winning the 10,000m, would top a really wants it." golden Games for Team GB. He added: "But if he thinks he Britain's best medal haul for 104 can go down indelibly in British years was boosted even further track and field as probably the today after a canoeist dubbed the greatest athlete we've produced, "Usain Bolt of the water" won then yes. The question is, is he gold, the team's 26th. hungry? Ed McKeever stormed to victory "It would be hard to argue against in the 200m kayak sprint getting a guy winning the 5,000m and Team GB off to a glorious start on 10,000m at an Olympic level." the last full day of Olympic This entry passed through the competition. Full-Text RSS service if this is And just over an hour later on the your content and you're reading it water, Britain picked up another on someone else's site, please read medal as the two-man crew of the FAQ at fivefilters.org/contentLiam Heath and Jon Schofield only/faq.php#publishers. Five took a kayaking sprint bronze. Filters recommends: Incinerating There are further medal prospects Assange - The Liberal Media Go as Luke Campbell goes for boxing To Work.
Politics/ News Wire/
35
Rasmussen: Ryan favorability 39/25, 52/29 among seniors

Ed Morrissey (Hot Air Top Picks)
at large. Only a third of voters have a strong opinion in either direction. Submitted at 8/11/2012 11:31:12 AM Wisconsin is a state both sides posted at 12:31 pm on August 11, consider key to the presidential 2012 by Ed Morrissey election. Right now, President The media has talked about Paul Obama has a modest three-point Ryans budget as an albatross that lead over Romney in the state, would hang from Mitt Romneys and it remains a Toss-Up in the neck with or without Ryan on the Rasmussen Reports Electoral ticket, and the assumption has College Projections. been that Ryan himself will also Scott Rasmussen has explained be a net negative for the GOP in why Romneys roll-out of his vice November. Democrats tried to presidential pick is as important proactively damage Ryans as the choice itself.Most standing with voters by depicting Americans will learn all they him pushing an elderly woman off know about the new name on the of a cliff in May 2011, when Ryan ticket during the week the first proposed his comprehensive, candidate is introduced, he wrote long-term budget reform package in a recent newspaper column. in May 2011. Rasmussen Reports While 69% of Republicans have a has reminds us that a July survey favorable opinion of Ryan, 42% showed Ryans favorability as of voters not affiliated with either mainly positive, albeit with a major political party have no significant number of likely voters opinion of him one way or the who need more time to make up other at this point. their minds: Lets take a look at the demos Mitt Romney announced this from that July poll. What leaps m o r n i n g t h a t W i s c o n s i n out from that survey is that Ryan Congressman Paul Ryan will be actually does better among his running mate. independents than any of the other Earlier polling found that 39% of presumed short-listers, save all voters had a favorable opinion Condoleezza Rice, who wasnt of Ryan, while 25% offered a really shortlisted at all. Among negative review. Thirty-five unaffiliated voters, Ryan scores a percent (35%) express no opinion 36/22 favorability, compared to of Ryan. The congressman is 31/29 for Bobby Jindal, 26/28 for relatively unknown to the nation Tim Pawlenty, and a dismal 15/16
for Rob Portman. (Rice was 63/ 19 among indies.) Ryan also scores best among women, albeit with a narrow 29/25 edge. For even more counterintuitive results, look at Ryans standing among seniors. Despite the attacks on Ryan over his budget plan, hes easily the most liked of the short-listers among likely voters 65 years of age and over, with a 52/29 favorability rating. His very favorable rating of 31% in the 65+ group is more than 10 points better than the other shortlisters in the Rasmussen survey (again, save Rice). Jindal did well, too, with a 44/28, as did Pawlenty with a 40/ 30 and Portman at 37/26, but Ryans draw among seniors outpaced all of them. Ryan has plenty of room to be defined in either direction with 35% of voters overall not having an opinion, but thats only true of 20% of seniors and Ryan already has a majority of them on his side. Looks like the Ryan choice was both bold and pragmatic. It still means that Romney and Ryan have to aggressively push to define Ryan themselves, rather than allow the media or the Obama team do it first. Update: Commenter Florah Duh reminds me that seniors actually
liked Ryans plan best, according to a Gallup poll in 2011: A new Gallup/USA Today poll contains a counterintuitive finding: the age group most receptive to House Budget Chair Paul Ryans plan to deal with the budget seniors. The poll finds 48 percent of seniors (those 65 and over) support Ryans plan over President Obamas plan, while 42 percent back the president. Thats the highest total among the age groups tested a 47 percent plurality between the ages of 50 and 64 backed Ryan, and a 45 percent plurality of those between 30-49 backed Ryan. But young voters overwhelmingly sided with Obama by a 23-point margin, 53 to 30 percent. Maybe thats because seniors knew better than to believe that the current trajectory would protect their benefits in anything but the short run. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Epoch Times | National, World, China, Sports, Entertainment News

(Epoch Times | National, World, China, Sports, Entertainment News)
Top Stories Mexico won Olympic gold in mens football with two goals from Oribe Peralta on their way to a 21 win over Brazil. The wildlife in protected tropical forests is increasingly threatened, a new study finds. Now, around the world ways are sought to stop this decline in biodiversity. A Chinese mother, who was recently sentenced to reeducation through labor for petitioning against the sentencing of men who raped and forced her 11-year -old daughter into [...] A portion of Chinas Great Wall in northern Hebei Province collapsed after days of unremitting rains. Mr Oldham said if the atoll were to collapse, radioactive material would be released into the Pacific Ocean, and could cause a 15metre tsunami. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
36
Politics/ News Wire/ News Photos
At Least 87 Reported Videos: Paul Ryan is Major totally ready for his close- Dead AfterIran Quakes in up
(FOXNews.com)
Submitted at 8/11/2012 2:20:52 PM
from 50 to 80 percent, while 4 other villages had been totally Erika Johnsen (Hot Air Top no? pretty much Obamas central leveled to the ground. Picks) S o l i d . S o , o n t o a s o m e campaign platform right now, Iran is located on seismic fault flashbacks: Remember that time doesnt it? This magnitude 6.4 earthquake lines and is prone to earthquakes. Submitted at 8/11/2012 1:01:14 PM Ryan absolutely tore ObamaCare And if youre looking for further was the first of three to strike It experiences at least one posted at 2:01 pm on August 11, to shreds, right to President proof of Paul Ryans excellent northeastern Iran on Saturday. earthquake every day on average, 2012 by Erika Johnsen Obamas face? That was fun. fiscal, economic, and budgetary USGS although the vast majority are so Jazz already poste d speech So bold, so brash. And then there expertise, youll enjoy this little small they go unnoticed. excerpts and some past videos of w a s t h e t i m e P a u l R y a n takedown. Northwestern Iran was struck The Associated Press contributed Paul Ryans prosperity-promotin annihilated President Obamas Yep, Id say we can definitely Saturday by a series of major to this report. badassery, but just for good proposals to hike taxes on the work with that and how! e a r t h q u a k e s , t h e s t r o n g e s t Print measure and if youre not yet wealthy, in about ninety seconds. This entry passed through the registering magnitude 6.4, as local Email feeling the excitement, here are a In a nutshell, the Democrats Full-Text RSS service if this is media reported dozens of people Share few more. class-warmongering amounts to your content and you're reading it dead and hundreds hurt. Comments Below is the full video of not even a drop in the bucket of on someone else's site, please read The U.S. Geological Survey had Recommend Romney and Ryan rolling out the bringing down our national the FAQ at fivefilters.org/content- no immediate word on fatalities Tweet Comeback Team earlier this deficit, and would do untold harm only/faq.php#publishers. Five and damage, but logged the morning I think Ryan mightve to economic growth to boot. Kind Filters recommends: Incinerating magnitude 6.4 quake and a 6.3 Share This Article Newsletter been a tad bit nervous at first, but of makes it all the more galling Assange - The Liberal Media Go q u a k e m i d d a y . T h e r e w e r e Signup overall a very assuring speaker, that hiking taxes on the wealthy is To Work. numerous aftershocks, registering Sign up for free e-mail news as high as magnitude 5.0. alerts from FoxNews.com and Iranian state TV said at least 87 FoxBusiness.com. Newsletter people were dead and 400 injured, Signup with hundreds of homes damaged. This entry passed through the The quake hit near the town of Full-Text RSS service if this is Ahar in East Azerbaijan province. your content and you're reading it The TV quoted Khalil Saei, local on someone else's site, please read (news photos - Google News) sweatshirt, sans performance Crisis Committee chief, as saying the FAQ at fivefilters.org/contentmakeup. Gone was the scowl Submitted at 8/11/2012 11:09:44 AM that 30 people were killed in only/faq.php#publishers. Five famously captured after McKayla Ahar, 40 in Varzaqan and 17 Filters recommends: Incinerating New York Daily News - thought to be sure thing to win others in Haris. Assange - The Liberal Media Go PHOTOS: Olympic gymnast the gold in the vault completion The broadcast said at least 60 To Work. McKayla Maroney Instagrams her slipped and settled for silver. Her villages sustained damage ranging softer side face inspired the first meme... New York Daily News and more Other photos show McKayla in a
PHOTOS: Olympic gymnast McKayla Maroney Instagrams her softer side - New York Daily News
News Wire/
37
Classroom Newscasts orCrass Commercial Ploy?

(FOXNews.com)
is lost each year just to Channel Ones commercials." - Campaign for Commercial-Free Childhood A screengrab taken from the "One full day of instructional time Channel One News website shows is lost each year just to Channel a promotion for gURL.com, a site Ones commercials." the group targeting teen girls that features said in its letter. "No other such stories as "Reader Hookup company generates revenue by Confession: My BFs Mom compelling a captive audience of Caught Me Giving Him Oral students to watch television Sex!" commercials during taxpayerfunded class time." A Boston nonprofit is urging The channel actively promotes its dozens of states to drop a 12- own website, which the group minute newscast popular in says has advertised a psychic for classrooms across the country, $7.49 a minute and promoted claiming the Channel One News another site called gURL.com, broadcast is nothing more than a which includes such articles as business ploy to subject children "Reader Hookup Confession: My t o c o m m e r c i a l s a n d o t h e r BFs Mom Caught Me Giving questionable content. Him Oral Sex!" and "Can Your Campaign for a Commercial-Free School Force You To Take A Childhood last month wrote Pregnancy Test?!" school superintendents in 42 Channel One News, which touts states, calling on them to conduct itself as the "leading television a thorough review of Channel n e w s n e t w o r k f o r t e e n s One programming, which is nationwide," is a 12-minute currently broadcast to about five television program that includes million students across the news, feature stories and two country each day. The group minutes of commercials. By believes school kids are being contract, schools receive free forced to watch too many television equipment from commercials and they question Channel One in exchange for the message in the ads, as well as showing the broadcast to its Channel One's website, which students each day. they claim promotes highly "Our mission is to inform, educate sexualized content. and inspire by making news "One full day of instructional time relevant and engaging for young
Submitted at 8/11/2012 2:20:52 PM
people and sparking discussion around the important issues impacting youth today," the network says on its website. The nonprofit group, however, claims Channel One's mission is to inundate teens with advertisements and other noneducational content, wasting valuable class time. Josh Golin, the group's associate director, told FoxNews.com that many parents do not know what specific commercials children are exposed to in the classroom because "Channel One has refused to put the commercials that they show in their classroom broadcasts online." "We asked them on a number of occasions to make those public and they refused," Golin said. "But what we do know is who advertises on their website and there's reason to think they are similar." "The other thing were really concerned about is that theyve been increasingly moving their advertising beyond the two minute limit," he noted. "The ads are bleeding into the entire show." Golin cited a May 23, 2012, broadcast during which he said Channel One devoted its entire newscast to promoting four television shows on the ABC Family network. The group claims that segment
illustrates the network "violating its agreement with schools to limit commercial content to two minutes per episode." Channel One, which began broadcasting in 1990, is a division of Alloy Media + Marketing. A spokesman for the network could not be reached for comment Wednesday. On its website, the network notes its "long history of journalist excellence," including an April 2005 George Foster Peabody Award for its news coverage of the Sudan humanitarian conflict. A review of the website by FoxNews.com on Wednesday found advertisements for Puma, Vistaprint and Lowe's stores. At the top of site, however, next to stories on the Supreme Court and fossil fuels, is a link to the gURL.com website. Golin says much of the questionable content on Channel One's website may not be currently up because "they know that they are getting some media attention right now." Alabama school Superintendent Tommy Bice, one of 42 state superintendents contacted by Golin's group, told FoxNews.com Wednesday that Channel One's programming is under review. "Step one has been to survey our 134 school systems to determine who actually uses Channel One,"
Bice said in an e-mail." That survey will be completed today but preliminary numbers indicate a very small number continuing to use Channel One that was very popular a decade ago in our state. "Once we have final numbers we will determine next steps but realizing that these decisions are local decisions and not a requirement of the State Department of Education," he said. Print Email Share Comments Recommend Tweet Share This Article Newsletter Signup Sign up for free e-mail news alerts from FoxNews.com and FoxBusiness.com. Newsletter Signup This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
38
News Wire/
Paul Ryan Comes Out Swinging

(FOXNews.com)
House incumbent. Though Ryan's reputation is that of a reserved and wonkish pol, his break-out speech as running mate signaled he'll be playing offense for Romney quite frequently. Paul Ryan came out swinging Ryan accused the Obama team of Saturday in his new role as Mitt being "more worried about their Romney's running mate, accusing next election than they are about President Obama of presiding the next generation." He blamed over a "record of failure" and Obama's "misguided policies" for promising to speak "truth" to the economic rut the country's America's problems and correct been stuck in. course. "No one disputes that President "We can turn this thing around," Obama inherited a difficult Ryan vowed, as he and Romney situation. And, in his first two joined for the first time as the years, with his party in complete official 2012 Republican ticket. control of Washington, he passed The Wisconsin congressman, to nearly every item on his agenda. the backdrop of retired battleship But that didn't make things USS Wisconsin, gave a feisty better," Ryan said. "In fact, we opening speech -- setting the tone find ourselves in a nation facing for the Romney-Ryan bus tour debt, doubt and despair. ... that's next on the agenda, and the "Whatever the explanations, race going forward. Dutifully whatever the excuses, this is a promoting the top of the ticket, record of failure." Ryan touted Romney as the Ryan may continue pushing for a solution to the economic problems version of the budget proposal he under Obama. reintroduced earlier this year. Met with chants of "USA, USA" That proposal would overhaul from a riled-up crowd in Virginia, Medicare and Medicaid and make Ryan spoke broadly about the other sweeping changes that virtues of free enterprise and D e m o c r a t s h a v e l a b e l e d a s specifically about America's extreme. But Ryan has stuck by economic woes, all laced with his proposal as the solution to an pointed attacks on the White ever-growing deficit inflamed by
Submitted at 8/11/2012 2:20:52 PM
out-of-control entitlement spending. In a dose of the tough-love approach Ryan's become known for, he said: "We promise equal opportunity, not equal outcomes." The Republican presidential candidate called his new running mate a man of "steadiness" and "integrity" as he introduced him. Speaking Saturday morning, Romney praised Ryan as an "intellectual leader" of the party, one who understands the toll the debt is taking on the country but is optimistic about the future. "He doesn't demonize his opponents. He understands that honorable people can have honest differences and he appeals to the better angels of our nature," Romney said. "He's never been content to just curse the darkness. He'd rather light candles." Romney initially fumbled his introduction of Ryan. In the closing line of his remarks, he referred to Ryan as the "next president." Romney quickly returned to the podium to correct himself. The selection comes roughly two weeks before the start of the Republican National Convention in Tampa, and gives Romney plenty of space to rally the party
behind his pick before the official nomination. The announcement comes as some polls, including a recent Fox News survey, show the Republican presidential candidate losing some ground to President Obama. Ryan, 42, already considered a rising star in the Republican Party, is chairman of the House Budget Committee. He's been in Congress since 1999 and is best known this session for his controversial budget plan that includes an overhaul of Medicare. Democrats have persistently tried to vilify that plan as a scheme to "end Medicare as we know it." The Obama campaign repeated that line in its first official response to the Ryan selection Saturday morning. "The architect of the radical Republican House budget, Ryan, like Romney, proposed an additional $250,000 tax cut for millionaires, and deep cuts in education from Head Start to college aid. His plan also would end Medicare as we know it by turning it into a voucher system, shifting thousands of dollars in health care costs to seniors," the campaign said. "As a member of Congress, Ryan rubber-stamped
the reckless Bush economic policies that exploded our deficit and crashed our economy. Now the Romney-Ryan ticket would take us back by repeating the same, catastrophic mistakes." Print Email Share Comments Recommend Tweet Related Stories Romney completes GOP ticket with Rep. Ryan, projects 'steadiness' What is the 'Ryan plan'? Budget proposal back in spotlight with VP announcement Share This Article Newsletter Signup Sign up for free e-mail news alerts from FoxNews.com and FoxBusiness.com. Newsletter Signup This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Incinerating Assange - The Liberal Media Go To Work.
Technology/
39
Researchers make unsuitable parts work as solar cells, could lead to cheaper panels
Jamie Rigg (Engadget)
modified for the current they produce to flow in one direction. The process uses expensive Harnessing the power of the sun materials and only works with a is a tricky business, but even the few types of semiconductors, but past few weeks have seen some the team's looking at using ones interesting developments in the which aren't normally suitable -field. In this latest installment, the magic is to apply an electrical researchers from the Lawrence field to them. This field requires Berkeley National Laboratory and energy, but what's consumed is the University of California have said to be a tiny fraction of what figured out a way of making solar the cell's capable of producing cells from any semiconductor, w h e n a c t i v e , a n d i t m e a n s potentially reducing the cost of chemical modification isn't t h e i r p r o d u c t i o n . Y o u s e e , needed. efficient solar cells require The concept of using a field to semiconductors to be chemically standardize the flow of juice isn't
Submitted at 8/11/2012 11:34:00 AM
a new one, but the team's work on the geometrical structure of the cells has made it a reality, with a couple of working prototypes to satisfy the skeptics. More of these
are on the way, as their focus has shifted to which semiconductors can offer the best efficiency at the lowest cost. And when the researchers have answered that
question, there's nothing left to do but get cracking on commercial production. For the full scientific explanation, hit up the links below. Filed under: Science Researchers make unsuitable parts work as solar cells, could lead to cheaper panels originally appeared on Engadget on Sat, 11 Aug 2012 11:34:00 EDT. Please see our terms for use of feeds. Permalink Ars Technica, ScienceDaily| Nano Letters| Email this| Comments
Alt-week 8.11.12: Robo-billies, quasicrystals and radioactive art

James Trew (Engadget)
this week's offerings (we'll leave it to you to figure out which) will Submitted at 8/11/2012 3:00:00 PM possibly be the creepiest thing we Alt-week peels back the covers post all year. As for the rest, well on some of the more curious sci- it's slightly more palatable. We'll tech stories from the last seven get uncharacteristically pumped days. about cycling, meet some extraContinue reading Alt-week Filed under: Misc. Gadgets, It's not like we're trying to out- terrestrial quasicrystals and enjoy 8 . 1 1 . 1 2 : R o b o - b i l l i e s , Science weird ourselves, it just, somehow, some art with X-men credentials. quasicrystals and radioactive art Alt-week 8.11.12: Robo-billies, keeps happening. At least one of This is alt-week.
quasicrystals and radioactive art originally appeared on Engadget on Sat, 11 Aug 2012 15:00:00 EDT. Please see our terms for use of feeds. Permalink| | Email this| Comments
40
Technology/ News Photos
Photobucket's security hole may leave your nude photos exposed - NBCNews.com
(news photos - Google News)
DARPA's Captive Air Amphibious Transporter can drive on water, help during disaster relief (video)
Edgar Alvarez (Engadget)
Submitted at 8/11/2012 1:42:00 PM
underage nude girls. I also assumed they weren't really Submitted at 8/11/2012 1:14:17 PM hacked and were just ads... New York Daily News Private, revealing Photobucket Photobucket's security hole may photos hacked, then posted on leave your nude photos exposed Reddit New York Daily News NBCNews.com 'Fusking' Photobucket For Nude For a long time, I've seen threads P h o t o s E m e r g e s A s L a t e s t on 4chan of images of girls' Reminder Not To... Huffington hacked Photobucket images, but Post I typically ignored them, having all 13 news articles little interest in photos of possibly
A couple of months back, DARPA announced it'd been working on developing technologies to help during natural or "man-made" disasters, and this TEMP plan (Tactically Expandable Maritime Platform) included the addition of four key modular systems -- one of which was sea-delivery vehicles such as that monstrous one pictured above. Dubbed Captive Air Amphibious Transporters, or CAAT for short, the rugged wheeler gets its drive-on-agua powers from air-filled pontoons, with its main purpose being to carry "containers over water and directly onto shore." However, according to DARPA's program manager, Scott Littlefield, it is more about the big picture, saying, "To allow military ships
and aircraft to focus on unique military missions they alone can fulfill, it makes sense to develop technologies to leverage standard commercial container ships." Thanks to a vid uploaded by DARPA itself, you can now get a feel for what CAAT's all about, so (news photos - Google News) head over past the break -- where Submitted at 8/11/2012 1:29:15 PM you'll find a quick preview of the Peoria Journal Star (blog) ATV carrier in action. Continue reading DARPA's Journal Star Photos of the Month C a p t i v e A i r A m p h i b i o u s July 2012 Transporter can drive on water, Peoria Journal Star (blog) help during disaster relief (video) by Matt Dayhoff. Journal Star Filed under: Transportation DARPA's Captive Air Amphibious Transporter can drive on water, help during disaster relief (video) originally appeared on Engadget on Sat, 11 Aug 2012 13:42:00 EDT. Please see our terms for use of feeds. Permalink| DARPA| Email this| Comments
Journal Star Photos of the Month July 2012 Peoria Journal Star (blog)
Photos of the Month July 2012. A selection of the best photos by the staff of the (Peoria) Journal Star from the month of July 2012. Photos of the Month archive; Photos available for purchase. RON JOHNSON/JOURNAL...

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