Are stocks still ridiculously cheap? Kenneth Heebner, Capital Growth Management, and Dick Bove, Rochdale Securities, weigh in on how to play this market, and whether it's time to get bullish on stocks.
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Published: Wednesday, Dec. 28, 2011 9:31 p.m. MST
EL PASO, Texas ?
Utah coach Kyle Whittingham recalls, with great fondness, the last time he played football for his father. Fred Whittingham was BYU's defensive coordinator when Kyle capped off his collegiate career with MVP honors in the 1981 Holiday Bowl.
"It was very emotional in a lot of ways," Kyle acknowledged.
Now, 30 years later, roles have been reversed.
Saturday's Sun Bowl against Georgia Tech marks the final game that Kyle will get to coach his son, Tyler. The younger Whittingham is a special teams contributor for the Utes.
"First of all, I'm proud of him for what his contribution has been to our team. He's an extremely hard worker, does whatever is asked of him," Kyle said. "It's been a great experience for me. I know what he's going through because I did the same thing. It's not easy. It's not the easiest thing in the world to be the coach's son."
There's some extra responsibilities that come with it, explained the coach, because his expectations of him are very high ? just like they are for all of the players.
"But you don't want to be the coach's son that screws up," Kyle said. "You don't want to be that guy."
Tyler has never been that guy.
The former starter at Brighton High and state power-lifting champion joined the team as a walk-on in 2009 after serving an LDS Church mission in Brazil. Following a redshirt year, Whittingham has appeared in 20 games over the past two seasons ? making seven tackles (five solo).
"It's been a good ride the whole time ? even though I knew coming into it that I wasn't going to play much," Tyler said. "My goal was to make the kickoff team and I'm grateful for every chance that I got."
The mass communication major considers it all a bonus, of sorts.
"Actually everything after high school for me has just been a nice little bonus," Tyler said. "I've been able to spend some time with my dad, with the family, with my team and it's been a really good learning experience."
Part of the educational process has been getting to know how his father operates at work.
"I never knew 'Coach Whit' until I played," Tyler said. "But I'm just proud of him and he's proved to me that hard work pays off."
Tyler used to be his dad's "cord guy," back when coaching headsets weren't wireless. He also visited practice regularly and went to the games while growing up, giving him an idea of what it might be like to play for his father.
"He's got a tough job but I think he handles it well," Tyler said while praising his father's hard work and dedication.
Football, though, isn't something Kyle brings home. Tyler insists his dad is just a "regular guy" away from work.
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Charlie Kindle, a former General Manager for the Windows Phone team at Microsoft, recently posted an entry to his blog in which he explains what he believes are the main reasons why Windows Phone has not been a commercial success. Despite numerous positive reviews for the mobile OS, an app market that continues to boom and just exceeded the 50,000 app mark, and affordable devices available on virtually every major carrier, Windows Phone?s market penetration continues to disappoint.
In the rant, Mr. Kindle, who is no longer with Microsoft, says, ?In the mobile device space the four primary sides of the market are not actually aligned very well. In fact, there is such deep misalignment that there is great instability. Android has succeeded (in raw unit numbers at least) by capitalizing on that misalignment. Apple has attempted to change the game by cutting out one of the sides of the market.? Then he goes on to say that Microsoft?s approach causes more friction with both carriers and device manufacturers than competing platforms (in not so many words), and that the friction prevents both the carries (who control major marketing dollars and the retail sales processionals responsible for actually selling the devices) and the device manufacturers from fully embracing Microsoft?s mobile platform. A platform which many?including Charlie Kindle?feel offers a better end-to-end experience than Android.
The HTC Tital Running Windows Phone
Microsoft?s more controlling approach essentially dictates what the hardware specifications for a device should be, much to the chagrin of the device manufacturers. And Microsoft also dictates to the carriers how, and to some extent, when devices will be updated. The end result is that the Windows Phone experience from device to device is consistent and that in the last update cycle, when Mango was rolled out, almost every Windows Phone device got an update, virtually eliminating the fragmentation that?s rampant with Google?s Android. Kindle believes that it?s these restrictive policies that have made device manufacturers reluctant to fully embrace Microsoft?s mobile platform and carriers reluctant to stand behind it and incentivize their retail sales force to push the platform.
Kindle goes on to say, ?This is why, despite being a superior PRODUCT to Android, Windows Phone has not sold as well.? Spending marketing dollars on advertising Android devices is (an) easy decision for the carriers.?
Considering Kindle?s history and understanding of the mobile market, his opinions obviously hold some water. However, I think there are other factors at play as well. In addition to being more open and allowing both carriers and device manufacturers to customize Android, Android?s other advantage (at least currently) is that it offers a more affordable alternative to iOS, while still maintaining the look and feel of Apple?s product. Whether Android?s or iOS? interface elements are superior is a matter for another debate, but most consumers? perception that Apple?s product has it ?right? makes them more open to Android in my opinion. In comparison, Windows Phone?s interface takes things in a completely different direction and can be jarring at first glance.
Consumers are also reluctant to try Windows Phone because at this point it offers little incentive over competing products. If they?re not enamored by the interface, why would someone buy a Windows Phone over an iPhone or the myriad of excellent Android-based devices? As of today, there is little incentive--there are more apps for iOS and Android, more varied devices (for android), and the hardware is more cutting edge on competing platforms. Whether or not that changes once Windows 8 ships remains to be seen, but it?s clear that it?s going to take more than persistence for Windows Phone to gain any real traction with consumers.
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Syphilis was one of the first global diseases, and understanding where it came from and how it spread may help us combat diseases today
?| December 27, 2011
Image: Library of Congress
In 1492, Columbus sailed the ocean blue, but when he returned from 'cross the seas, did he bring with him a new disease?
New skeletal evidence suggests Columbus and his crew not only introduced the Old World to the New World, but brought back syphilis as well, researchers say.
Syphilis is caused by Treponema pallidum bacteria, and is usually curable nowadays with antibiotics. Untreated, it can damage the heart, brain, eyes and bones; it can also be fatal.
The first known epidemic of syphilis occurred during the Renaissance in 1495. Initially its plague broke out among the army of Charles the VIII after the French king invaded Naples. It then proceeded to devastate Europe, said researcher George Armelagos, a skeletal biologist at Emory University in Atlanta.
"Syphilis has been around for 500 years," said researcher Molly Zuckerman at Mississippi State University. "People started debating where it came from shortly afterward, and they haven't stopped since. It was one of the first global diseases, and understanding where it came from and how it spread may help us combat diseases today."
Stigmatized disease
The fact that syphilis is a stigmatized sexually transmitted disease has added to the controversy over its origins. People often seem to want to blame some other country for it, said researcher Kristin Harper, an evolutionary biologist at Emory. [Top 10 Stigmatized Health Disorders]
Armelagos originally doubted the so-called Columbian theory for syphilis when he first heard about it decades ago. "I laughed at the idea that a small group of sailors brought back this disease that caused this major European epidemic," he recalled. Critics of the Columbian theory have proposed that syphilis had always bedeviled the Old World but simply had not been set apart from other rotting diseases such as leprosy until 1500 or so.
However, upon further investigation, Armelagos and his colleagues got a shock ? all of the available evidence they found supported the Columbian theory, findings they published in 1988. "It was a paradigm shift," Armelagos says. Then in 2008, genetic analysis by Armelagos and his collaborators of syphilis's family of bacteria lent further support to the theory.
Still, there have been reports of 50 skeletons from Europe dating back from before Columbus set sail that apparently showed the lesions of chronic syphilis. These seemed to be evidence that syphilis originated in the Old World and that Columbus was not to blame.
Armelagos and his colleagues took a closer look at all the data from these prior reports. They found most of the skeletal material didn't actually meet at least one of the standard diagnostic criteria for chronic syphilis, such as pitting on the skull, known as caries sicca, and pitting and swelling of the long bones.
"There's no really good evidence of a syphilis case before 1492 in Europe," Armelagos told LiveScience.
In the seafood?
The 16 reports that did meet the criteria for syphilis came from coastal regions where seafood was a large part of the diet. This seafood contains "old carbon" from deep, upwelling ocean waters. As such, they might fall prey to the so-called "marine reservoir effect" that can throw off radiocarbon dating of a skeleton by hundreds or even thousands of years. To adjust for this effect, the researchers figured out the amount of seafood these individuals ate when alive. Since our bodies constantly break down and rebuild our bones, measurements of bone-collagen protein can provide a record of diet.
Source: http://rss.sciam.com/click.phdo?i=32430392d62bda7d10cb128ba42d03ba
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WASHINGTON ? The head of the Republican Party says no negative vibes should be inferred from the GOP's inability, so far, to coalesce around a candidate to challenge President Barack Obama.
Reince Priebus (ryns PREE'-bus) tells ABC's "Good Morning America" it's very early, calling it "a horse race."
He adds, "We'll get there and we'll have a nominee pretty quickly." Asked if the muddled contest might be problematical, Priebus replies, "I don't know if I would get too uptight over that."
Priebus says he isn't worried about a third-party candidate, saying that would likely pose a greater threat to Obama than the GOP.
The party chairman says, "I just think America is ready to put a person in the White House who can make a promise and keep a promise.:"
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Local McDonald?s restaurants will be kicking off the new year by offering a free small cup of coffee to its customers in the Greater Sacramento, Stockton, and Modesto area. Beginning Monday, January 2, all local McDonald?s restaurants throughout Northern California will be offering a free small Premium Roast Coffee made with 100 percent fire-roasted Arabaca Beans to all customers during business hours with no purchase necessary. This program is local McDonald?s way of saying thank you to their customers and offering a helping hand at the start of the new year.
?In this challenging economic climate, we know that many are struggling to make ends meet and this is our way of lending support during these difficult times,? said Steven Ramirez, a local McDonald?s restaurant owner from Elk Grove. ?As the holiday season comes to a close and budgets become tight, we hope this program will offer some comfort to our community and also warm them up a little during this cold, winter season.?
The free coffee program will last two weeks, beginning Monday, January 2 and ending on Sunday, January 15. Restaurants participating in the program reside in the following counties:
About McDonald's
There are over 160 McDonald?s Restaurants in the Greater Sacramento/Stockton/Modesto Area, owned and operated by more than 54 franchisees. McDonald?s USA, LLC, is the leading foodservice provider in the United States, serving a variety of wholesome foods made from quality ingredients to millions of customers every day. More than 80 percent of McDonald?s 13, 700 U.S. restaurants are independently owned and operated by local franchisees. For more information, please visit www.mcdonalds.com or visit us on twitter @McD_NorCal.
Source: http://c.moreover.com/click/here.pl?r5670214451
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KCET KCET-TV & KCET.org
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Villas-Boas's team have now drawn their last three games and while last week's stalemate at Tottenham was regarded as a creditable result, failing to beat Wigan and Fulham must be regarded as major disappointments for a team with ambitions to top the table.
And having seen his side reduce the gap on leaders Manchester
City to seven points two weeks previously, Villas-Boas admitted
the failure to build on that result meant his team's challenge
had once again ebbed away.
City's draw at West Bromwich Albion meant the manager's worst
fears of a 13-point deficit were not realised.
But with both Roberto Mancini's side and Manchester United lying 11 points clear of the Blues - who will drop to fifth if Arsenal beat Wolverhampton Wanderers on 27th December - Chelsea's prospects of closing the gap look slim.
Aston Villa will visit Stamford Bridge on December 31 but Villas-Boas admitted he was accounting for maximum points from two home games.
"I think it's pretty difficult," said Villas-Boas when asked about his team's chances of closing the gap. "If we had had a good December, which would have been good with six points from these two home games, we would have had a chance.
"But bearing in mind this draw, if they (City and United) do their jobs, it'll be very difficult for us to win it.
"You assess things as they are. There's no big drama in terms of how we look at things. But you have to be sufficiently realistic.
"That is the perspective we have to make at the moment: it's
difficult. It's not impossible. You cannot say that. But we have
to focus on our position at the moment and make a real
assessment.
"Maybe the Premier League is over for us at the moment. We'd targeted the December fixtures as an ideal situation to find out
what would happen in the Premier League.
"We continue to do that. There is always tension for you to
get results in a massive club like this one. You have to be real.
You cannot live under false expectations when the gap is this
big."
Villas-Boas plans to strengthen his squad in January by
signing a centre back, with Bolton's Gary Cahill his main target.
"We are trying to close the deal on a central defender. I
don't think we'll do much more than that. Maybe one player more,"
Villas-Boas said.
"A central defender will be our priority. We had initial
talks with Bolton, but that doesn't mean a deal will be
concluded. We will see."
Juan Mata's 47th minute goal was cancelled out by Clint
Dempsey's 56th minute equaliser, providing a timely lift for
Martin Jol's side after the 5-0 defeat at the hands of Manchester
United.
Strikers Bobby Zamora and Andy Johnson were both missing from
the Fulham team and Jol admitted he was unsure when they would
return.
"Zamora had to pull out with an Achilles problem. Andy Johnson, in the same training session," Jol said.
"Andy's had this groin injury, so maybe he'll be back in the week. It was on Christmas Eve, the day before yesterday. Bobby, I don't know. The Achilles is always a bit different. Johnson is a bit different.
"And Damien Duff pulled out with a calf problem he's been feeling for the last six weeks or so."
Source: http://c.moreover.com/click/here.pl?r5666391737
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Leading Business Intelligence on the Middle East & North Africa ??
| ') jQuery('#zendeskloader').load('/viewer.cfm?module=common&view=zendesk&subject=' + escape(subject) + '&description=' + escape(description)); } else { Zenbox.update({'request_subject':subject,'request_description':description}); Zenbox.show(); } return false; } | Breaking News |
|
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HANOI: The Vietnam Football Federation (VFF) have fired German coach Falko Goetz , deemed responsible for the failure of the national team at the SEA Games last month.
?In every country of the world, the coach is responsible for a defeat of the national team,? Nguyen Lan Trung, VFF vice-president told AFP, adding that the executive committee voted unanimously for his departure.
Despite a promising start to the tournament Vietnam?s Under-23 national team failed to make the podium at the SEA Games in Indonesia, a disgrace to a country passionate about football but constantly in despair over the poor results of the national team.
The VFF general secretary Tran Quoc Tuan submitted his resignation last week, but it was rejected.
According to the newspaper Tuoi Tre on Friday, the VFF would pay Falko Goetz US$66,000 to end his two-year contract which he signed in June.
Goetz, a 49-year-old former Bayer Leverkusen player, became the eighth foreign coach of Vietnam since 1995 after the departure of Portuguese Henrique Calisto. ? AFP
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The volume of North Slope crude oil production may be going down but prices are going up and that means higher state oil revenues.
That was the conclusion of the Alaska Department of Revenue's fall forecast. While it was gloomy in its projections of oil production -- with volumes down from the spring forecast -- the department is predicting increasing prices for Alaska North Slope crude oil and, as a result, rising revenues.
Unrestricted petroleum revenue was about $7 billion in the last fiscal year, 2011. It is forecast to be a little more than $8 billion in 2012, the current fiscal year, and then drop to about $7.5 billion in 2013, $7 billion in 2014 and $6.3 billion in 2015.
North Slope crude production, which averaged 603,000 barrels a day in FY 2011, is forecast to drop to 574,000 barrels a day in 2012, 555,000 barrels per day in 2013, rebounding slightly in 2014 to 561,000 barrels a day and then dropping again in 2015 to 538,000 barrels per day.
The growth in unrestricted petroleum revenue, while production is dropping, is entirely the result of stronger prices.
The North Slope wellhead value -- West Coast price less transportation costs and other deductions and adjustments -- is growing: from $87.32 a barrel in FY 2011 to a projected $100.61 a barrel this fiscal year, to $100.91 in 2013, dropping to $100.25 in 2014 and to $99.61 in 2015.
Compare that to FY 2002, when the North Slope wellhead value was $17.04 a barrel.
The department said its forecast is compiled from several sources, including a state price forecasting session, the New York Mercantile Exchange futures market (as of late October), oil market analysts' forecasts and the U.S. Energy Information Administration.
"In the long run," the report said, "fundamental economic factors of supply and demand ultimately drive oil prices," and predicting future prices requires an understanding of long-term economic growth, the demand for refined products, global crude reserves and "the economics and politics of recovering those reserves."
The department said its price forecast for West Texas Intermediate and North Slope crude "reflects a consensus view of stable oil demand growth and modest supply increases in the short and medium term. In the long term, the forecast reflects stabilizing oil demand growth that puts pressure on world oil production and tightens oil markets. ...
"For FY 2012 and 2013, we are forecasting higher capital expenditures (by oil companies in Alaska), with the majority of the increase occurring in currently undeveloped areas of the state," the department said. Revenue said it included exploration and development plans by several newcomers to the state, "despite the speculative nature of those plans."
The department said it anticipates possible new developments on both state and federal lands in the next 10 years, with most of the opportunities to add production on state lands from "expanded heavy/viscous oil development (Orion), continued satellite development at Alpine (Nanuq and Alpine West fields), and continued developments at Oooguruk and Nikaitchuq."
Source: http://www.adn.com/2011/12/24/2233192/forecast-oil-flow-will-be-down.html
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CNBC's Eamon Javers reports House Republican leaders will hold a 5 p.m. conference call regarding the payroll tax cut.
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Source: http://video.msnbc.msn.com/cnbc/45768447/
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SEATTLE (AP) -- A Washington state drug board has decided to warn pharmacies about the risk of overdose deaths from prescribing methadone as a painkiller.
The Pharmacy and Therapeutics Committee voted Wednesday to send a health advisory next week to more than 1,000 pharmacists and drug stores. That will be followed by an advisory to about 17,000 health care professionals.
The Seattle Times reports ( http://is.gd/CN52Hv ) it's a public acknowledgment that methadone can be more unpredictable than other pain drugs.
An investigation by the paper found that at least 2,200 people have died since 2003 from unintended overdoses linked to methadone.
The state steers Medicaid patients, workers' compensation recipients and state employees toward methadone because it costs less than a dollar a dose.
---
Information from: The Seattle Times, http://www.seattletimes.com
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WASHINGTON ? The Obama administration and at least one of its allies say they are pleased that Russia has decided to support U.N. Security Council action aimed at halting violence in Syria but won't support Russia's proposed resolution unless changes are made.
Defense Secretary Leon Panetta said Friday that Russia's surprise introduction of a Security Council resolution on Syria was an "important step" and a sign of growing unity on the importance of opposing Syrian President Bashar Assad's regime's brutal crackdown on reformers.
"It's clear from the steps that Russia took that more and more of the international community is coming together as one to say to Syria and to the Assad regime that we can no longer tolerate the kind of killings that are going on, the kind of abuse of human rights that have gone on in Syria and that Assad needs to step down," Panetta told a news conference in Ankara, Turkey.
In Washington, the State Department called the Russian move "good news" but said the U.S. wouldn't vote for the resolution unless it distinguishes the actions of peaceful protesters from those of the government. In Paris, the French Foreign Ministry echoed that stance.
State Department spokeswoman Victoria Nuland told reporters that "the Russians have recognized that the U.N. Security Council can't be silent any longer and that we've got to use that organization to make clear that the violence needs to end."
But she stressed the administration has concerns about the draft. "We wouldn't be prepared to accept it as written, particularly because it appears to create a sense of parity between these peaceful protesters and the action of the regime, which has been extremely brutal and violent," she said.
The French Foreign Ministry said France was "ready to work with all its partners" on Syria "but underlines that the Russian text as it now stands has parts that are not acceptable."
"In particular, it's unacceptable to put on a par the repression of the Syrian regime and the resistance of the Syrian people. Every day thousands of people demonstrate peacefully and are victims of a bloody repression," it said.
The United Nations estimates that 5,000 people have been killed in violence since protests against the Assad regime started nine months ago.
Despite the severity of the situation, Russia, along with China, had opposed U.N. Security Council action on Syria.
But on Thursday, Russia surprised council members by introducing a draft resolution that "demands that all parties in Syria immediately stop any violence irrespective of where it comes from." The draft, however, does not mention sanctions, something that Western nations have been pushing.
Nuland said the U.S. wants to work with Russia, as well as with the Arab League, which has condemned the violence, to ensure that all concerns are addressed.
Despite the reservations, Nuland said the Russian move "begins a new process in New York that we very much welcome."
___
Baldor reported from Ankara. Jamey Keaten contributed to this report from Paris.
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This week was another "giant leap for mankind" in the social media world, and possibly in the real universe too. Facebook Timeline rolled out to everyone, so you may have been busy cleaning up those pictures that popped up from your college days. Scientists found what they claim to be "strong hints" of the Higgs boson. If you're wondering what the heck a Higgs boson is, you should read further.
[More from Mashable: Which Republican Debate Got the Most Social Media Buzz? [CHART]]
As the year comes to an end, be on the lookout for our end-of-year reviews, roundups, and future predictions -- you'll find a few included in the list below.
Here are this week's social media resources.
[More from Mashable: It?s the Last Day to Vote in the Mashable Awards]
This story originally published on Mashable here.
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RIVERSIDE, Calif. ? "At Last" and "Tell Mama" blues singer Etta James, whose health has been fading in recent years, is now terminally ill, and her live-in doctor is asking for prayers.
Dr. Elaine James, who isn't related to the 73-year-old entertainer, tells the Riverside Press-Enterprise ( http://bit.ly/tVMtaN) that the singer's chronic leukemia was declared incurable two weeks ago.
The doctor has cared for Etta James at the singer's Riverside, Calif., area home since March 2010.
Elaine James says she's spreading word of the singer's ailments so people will pray for her. She says fans know Etta James has been sick "but not how sick."
Court records in the singer's probate case show she also suffers from dementia and kidney failure.
Elaine James made her comments outside a Riverside conservatorship hearing over the singer's $1 million estate. The singer's son, Donto James, wants a conservator rather than the singer's husband, Artis Mills.
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Today, Musk got his way?NASA changed its mind. Bill Gerstenmaier, NASA Associate Administrator for Space Operations, announced in a press conference that the contentious Commercial Crew Integrated Design Contract RFP would not be released. The crew program's next two-year phase will continue to be handled under the Space Act Agreement, which does not have the provisions that SpaceX and other companies found so onorous.
The reasons that contract spawned so much ire from private space are that it would have let NASA exert more control over the hardware design than many in the industry are comfortable with, installed NASA staff in the companies' facilities, and left open the question of how many changes the agency could force companies to make. Every space company we contacted for an earlier story about the proposed RFP complained about some part of it.
Gerstenmaier said that a budget shortfall, not industry complaints, prompted NASA to throw out the controversial contract. "It is really tough to lock into a firm fixed-price contract with the number of providers that can keep us moving forward," Gerstenmaier said to reporters. Congress, which clearly has its doubts about private spaceflight, gave NASA only about half the $850 million the Obama administration requested for the Commercial Crew program.
SpaceX sent a statement to PM, which reads as a polite victory lap. "Given budget realities, NASA and domestic space companies need to innovate more than ever," SpaceX president Gwynne Shotwell says. "Space Act Agreements yield amazing results?we need only look at the Dragon spacecraft and Falcon 9 rocket, both highly advanced, all-American vehicles designed using 21st-century technology. We applaud NASA's decision to use Space Act Agreements for the next round of Commercial Crew and look forward to the competition."
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WASHINGTON ? With the Iowa caucus nearing and Newt Gingrich surging, Mitt Romney's campaign strategies appear to be flagging in the Republican presidential race. He's starting to adjust.
A new Associated Press-GfK poll finds that Republicans aren't buying Romney's chief argument: that his private-sector, outside-Washington background makes him a better candidate than does Gingrich's three decades in the capital. Romney, the former Massachusetts governor, also has been unable to persuade Republicans he's more conservative than Gingrich.
Romney and his aides are beginning to revamp. They know they have limited time to get voters' attention before the Jan. 3 Iowa caucus and the Jan. 10 New Hampshire primary.
In recent days, Romney's campaign has highlighted Gingrich's departures from conservative paths, subjected their own candidate to wider media scrutiny and emphasized the less-flattering aspects of Gingrich's Washington experience.
In essence, Romney is saying Gingrich has the wrong kind of Washington experience: cutting unwise deals with Democrats, letting power go to his head and cashing in on his name and contacts after leaving Congress. The revised strategy is playing out in TV ads, in emails and in comments by Romney and his surrogates.
For instance, Romney aides say they will make greater use of a 2008 video in which Gingrich appeared with then-Speaker Nancy Pelosi, D-Calif., to discuss climate change. They also are employing GOP officials who worked with Gingrich in the mid-1990s to argue that he was an erratic and unreliable leader during his four years as House speaker.
They hope the tactic might reverse the trend in polls that show Gingrich ahead of Romney, nationally and in early voting states. The AP-GfK poll found Gingrich with an edge, but just within the margin of error.
"Gingrich is not nearly the conservative that everybody thinks he is," said Mike McKenna, a Republican lobbyist and strategist unaffiliated with the presidential campaigns. "He is surging because some chunk of the electorate sees him as the authentic conservative in the race. Romney doesn't need to prove he's the authentic conservative. He just has to cast doubt on whether it's Gingrich."
But Romney has trouble proving his own conservative credentials. During his time in Massachusetts, he supported legalized abortion, gun control and gay rights. He changed those positions before his first bid for president, in 2008. Romney says he was wrong not to sign Gingrich's 1994 Contract With America when he was running for a Senate seat.
Gingrich, 68, spent 20 years in the House, the last four as speaker after leading the Republican resurgence of 1994. He left Congress in 1998 under an ethics cloud, following sharp clashes with GOP colleagues. He then earned millions of dollars as a Washington-based consultant, speaker and writer. Like Romney, Gingrich has changed positions on some issues, including how to address climate change.
Romney allies say their candidate is not panicking. There is plenty of time for Gingrich to hurt himself through his propensity for hyperbolic and often boastful remarks, they say.
Also, the AP-GfK poll and other surveys of Republicans give Romney a clear edge on which contender has the best chance to beat President Barack Obama next year. Several advisers said Romney should let his friends or the news media make the "electability" argument for him, while he stays focused on Obama and the economy.
When candidates highlight their electability advantage, "the argument is solely about them," said Kevin Madden, a Romney adviser. "Romney represents the best chance to make this an election about the economy," he said. "If Newt Gingrich is the nominee, it's very likely this will be a campaign about Newt Gingrich."
Romney's revised strategy calls for pointedly questioning Gingrich's conservatism and highlighting the seamier aspects of his time in Washington. In doing so, Romney allies hope to provoke Gingrich into an outburst that will raise doubts about his stability or judgment.
Romney recently called on Gingrich to return the $1.6 million he made as a consultant to Freddie Mac, the quasi-government mortgage giant that many conservatives dislike. Gingrich in turn said Romney should give back the millions he made as head of Bain Capital, a venture capital firm that sometimes laid off employees as it reorganized struggling businesses. To Romney's delight, some conservative commentators questioned Gingrich's faith in capitalism.
Romney and his allies also are reminding voters of Gingrich's criticism of a budget plan by Rep. Paul Ryan, R-Wis., that would make significant federal spending cuts, including some to Medicare.
Madden said Romney wants to cast the GOP election as one "between a candidate who sees the presidency as a professor's lectern and wants to teach a course on civilization," and a contender "who wants to fix the economy and move the country forward."
That might sound like a tepid insult to Gingrich. But Romney aides say the image of Gingrich as a college professor might remind voters of his penchant for provocative comments and ideas that play better in a classroom than in delicate negotiations with Congress and foreign leaders.
___
Online:
http://www.ap-gfkpoll.com
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Watch tonight to see Carlos Tevez playing golf with former Masters champion Angel Cabrera in Argentina. Channel 405... Source: http://twitter.com/SkySportsNews/statuses/147065700551376896
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Image: US Coast Guard
WASHINGTON (Reuters) - U.S. offshore oil and gas drillers need to take a more systematic approach to safety in all aspects of their operations to prevent another catastrophe like last year's massive Gulf of Mexico oil spill, a scientific panel said on Wednesday.
The National Academy of Engineering and National Research Council said in a report that it was a lack of comprehensive safety management that led to the 2010 explosion on the Deepwater Horizon rig that killed 11 workers.
The rig explosion also ruptured BP's underwater Macondo well, unleashing more than 4 million barrels of oil into the Gulf.
Improvements in safety culture have been made since the spill, but the panel said these changes by industry and regulators need to be made permanent to guard against complacency.
"We believe there is a lot of value in establishing a safety culture that institutionalizes much of the additional attention that is being afforded right now," Donald Winter, a former secretary of the Navy who chaired the panel that authored the report, told reporters on a press call.
The report, commissioned by the Interior Department, builds on an assessment released by the panel last year that blamed the Gulf spill on a series of mistakes by BP and its contractors.
In addition to calling for systematic safety management, the panel also said rig blowout preventers, the fail-safe equipment that did not function properly in the Macondo spill, should be redesigned in light of last year's disaster.
At the time of the spill the industry had a "misplaced confidence that BOPs could provide a guarantee against a blowout," Winter said.
The blowout preventer had been touted as a last line of defense against a major spill by sealing a well in the event of a blowout, but the Deepwater Horizon's blowout preventer failed to shut in the well.
Regulators also failed to properly assess the risks associated with the Macondo well, the panel said.
Going forward, the panel recommended that the government consolidate safety oversight of offshore drilling in one agency and move toward a more goal-oriented safety regime.
The panel applauded the Interior Department for finalizing a worker safety rule that took a more goal-oriented approach by requiring companies to demonstrate that their operations will meet benchmarks related to health, safety and environmental protection.
The panel said the rule is a good "first step" to reforming the current regulatory system, which focuses more on dictating the way companies should drill. Critics say this more "prescriptive" system is not dynamic enough to keep pace with fast-changing industry operations.
Interior Secretary Ken Salazar said the report validates the work his agency has done to overhaul offshore drilling regulation since the spill.
"The work we have done to implement rigorous new offshore drilling and safety rules and reform offshore regulation and oversight is in line with the recommendations of the Committee and with our goals moving forward," Salazar said in a statement.
Source: http://rss.sciam.com/click.phdo?i=870d0691fc373ac1d95145292f224ef2
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Continue reading Nissan Leaf to get inductive charging, lose its stem in 2013 (video)
Nissan Leaf to get inductive charging, lose its stem in 2013 (video) originally appeared on Engadget on Mon, 05 Dec 2011 20:30:00 EDT. Please see our terms for use of feeds.
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Aaron Patzer, the founder of Mint, has a new project that he is spending half his time on (he continues to spend the other half as VP of Product Innovation at Intuit, which acquired Mint two years ago for $170 million). His new project is called Swift, and it is his vehicle (if you will) to exlore the feasibility of building a personal maglev vehicle transit system. "The goal is to see if I can develop a new transportation system to displace cars in most urban and suburban settings," he told me recently, "with the goal being 5x the speed, and bringing the cost of maglev from today's costs of $50m / mile down to $4-5m / mile, which would be the same as adding one lane of asphalt/concrete road. Not sure if it will pan out, as I'm deep in the science and simulation phase."Source: http://feedproxy.google.com/~r/Techcrunch/~3/cvUohRNot1Y/
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RQ-170 (File Photo, via Aviation Weekly)
A day after the Pentagon acknowledged that an unmanned American reconnaissance drone went missing while on an operation in western Afghanistan late last week, Defense officials still smarting from the incident have come forward to dismiss Iranian claims that the drone was brought down by hostile activity. And American cyber experts also expressed skepticism over Iranian claims that hackers based in Iran brought down the drone by penetrating its software or jamming its signals."The one thing I can tell you is we don't have any indications that the UAV [unmanned aerial vehicle], that we know we no longer have, was brought down by hostile activity of any kind," Pentagon spokesman Capt. John Kirby told reporters at the Pentagon press briefing Monday, ABC News's Luis Martinez reported. "As it says in the statement, the controllers lost control and, without getting into specific details, I think we're comfortable stating that there's no indication of hostile activity."
Likewise, the Iranian claim of an effective cyber-hacking initiative strains credulity, James Lewis, a cyber security expert, said. "Iran hacking into the drone is as likely as an Ayatollah standing on a mountain-top and using thought waves to bring it down," James Lewis, a former Reagan administration official with the Center for Strategic and International Studies, told Yahoo News by email Monday. "The most likely explanation is that it crashed on its own."
"If you could hack into a drone, you wouldn't use it for some spontaneous fun, you'd save it for a rainy day," Lewis continued. "You'd need to be able to hack either the control network in the U.S. or a satellite.? Neither is easy, and both are probably not something the Iranians can do."Read More ?
When it comes to taking care of your pets, your smartphone can be surprisingly handy. Here are some of the best apps that help you make sure your dogs and cats are happy and safe. These 13 helpful apps can do things such as track your pet's health, show you tips for grooming and care, help you select the right foods, locate dog parks, find pet-friendly hotels and lots more, and they're now available for your iOS and Android smartphones.
[More from Mashable: 8 Holiday Apps That Are Just Plain Silly]
Which apps are the best? The resourceful people at eBay Classifieds have found some of the most useful, including them in this infographic:
[More from Mashable: Facebook iPhone App Updated to Fix Comments Bug]
Infographic courtesy eBay Classifieds
This story originally published on Mashable here.
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