Source: http://think-left.org/2013/07/14/functional-finance-and-a-responsible-economy/
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Sunday, July 14, 2013
Functional Finance and a Responsible Economy | Think Left
[unable to retrieve full-text content]?The central idea [of functional finance] is that government fiscal policy, its spending and taxing, its borrowing and repayment of loans, its issue of new money and its withdrawal of money, shall all be undertaken with an eye ...
EXCLUSIVE Puppeteer Interview with Gavin Moore from Japan Studio
Puppeteer was announced to the world at Gamescom last year, and I recently had the chance to play it, and talk with it?s Creative Director, Gavin Moore.
Puppeteer is a brand new franchise developed exclusively for PlayStation 3 by SCE Japan Studio. Set in a magical puppeteer?s theatre, the game will introduce you to a strange and fantastic world, where the environment is constantly changing. Players will enjoy a rich, dark fairy-tale where surprises lurk around every corner.
One dark moonlit night, a young boy named Kutaro was carried away by the maleficent Moon Bear King to a black castle where the unlucky lad was transformed into a puppet.
Kutaro displeased the terrible tyrant, who devoured the boy?s wooden head and cast away his body.
But the headless hero was not alone, for he had discovered a very special pair of scissors to help him on his harrowing adventure to find his head, and his way home.
Gavin Moore is a Creative Director for Sony Computer Entertainments Japan Studio.
He has spent 20 years honing his craft in video games. Prior to joining Sony, Gavin cut his teeth as a pixel artist and animator at Mindscape, working on classic games machines such as the Amiga, SNES, Megadrive and original Gameboy. He joined SCEE in 1998, where he worked on the hugely successful The Getaway, which sold over 4 million units worldwide. Gavin currently lives and works in Japan, where he has spent the last 9 years immersing himself in Japanese culture and video game creation.
So over to Gavin:
Thank you to Gavin for taking the time to not only talk to me about Puppeteer, but also playing the game with me, which was a lot of fun.
I really enjoyed my time playing Puppeteer, so stay tuned for a preview soon.
Puppeteer will be released on the 11th September 2013 here in the UK and on the 10th September in North America.
What do you think of Puppeteer? Let us know by leaving a comment below.
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Watch LA Galaxy face Portland Timbers
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Fulham sale adds to the alarming US takeover of English football
Shahid Khan, the owner of the Jacksonville Jaguars NFL franchise, has bought Fulham for a reported ?200m. Photograph: Sam Greenwood/Getty Images
Shahid Khan is perennially described as the living embodiment of the classic American dream, having landed in the country from Lahore at 16 to go to college and made himself, via the design of a truck bumper, a flamboyantly moustachioed billionaire. Mohamed Al Fayed said it when announcing his sale of charming Fulham football club to Khan, adding: "I met him twice prior to our successful transaction and have been very favourably impressed."
The statement from Khan, owner of the Jacksonville Jaguars NFL franchise, utilised the traditional language of English football club owners during the game's growth in the 20th century, promising: "I do not view myself so much as the owner of Fulham but a custodian of the club on behalf of its fans."
Quite what that actually means on the day he is becoming the club's owner is not explained. Nor did the man who has built a fortune from scratch in an arena as tough as the US automotive industry offer a clear explanation of why he is buying Fulham, for a reported ?200m. "Fulham is the perfect club at the perfect time for me" was all his statement said.
In such blandishments Khan has common ground with the other American owners of now six Premier League clubs ? almost a third of England's top league. Football, loved around the world, is here, in the land where it began 150 years ago, selling some of its most "storied" clubs to billionaires from the US, just about the only country which has never been entranced by the game.
As they have arrived, to own Manchester United, Liverpool, Arsenal, Aston Villa, Sunderland and now Fulham, these shrewd and calculating billionaires have rarely convincingly explained what is driving this gradual US takeover of our soccer. Khan at least avoided making a claim like that of Joel Glazer, when he bought Manchester United with his five siblings and ?525m of debt in 2005, that he was an "avid" fan of the club. Stan Kroenke, another NFL franchise holder who has steadily bought a controlling stake in Arsenal, has never said much about his motivation, beyond praising the club.
John Henry and Tom Werner of the Fenway Sports Group were more forthcoming, telling the Guardian that they knew almost nothing about football before they bought one of the game's legendary names, Liverpool, in 2010. Henry and Werner acknowledged they were greatly attracted by the huge money the Premier League makes selling its matches to payTV, here and overseas. There has been little from the MBNA credit card scion Randy Lerner and the private equity financier Ellis Short to suggest their purchases of historic Aston Villa and Sunderland respectively did not similarly have an eye on the money.
All are smart enough to acknowledge football's and their new club's heritage, as Khan did in his statement, and they are competent and successful business people, although from a different culture in which US sport has always talked of "owners". Here the word has crept in only recently, supplanting years in which the senior man at a football club was referred to as the chairman, whether he owned a majority of shares or not. We never really thought of football clubs being "owned", certainly not to make money. And this wholesale change has arrived with precious little debate about its implications.
Forbes, the magazine for the US rich, had a go at assessing Khan's plan, pondering how many "cross synergies" the American can "bank on" between the Jaguars and the Cottagers. It could make "strategic sense", Forbes said, as Khan is already trying to "leverage the overseas market" by bringing the Jaguars to Wembley for matches.
This is becoming a critical group now, six clubs of 20, takeovers never planned, barely explained. At the same time more football people are outspokenly lamenting the imbalance between the clubs as global investments and the weakness of the England team, representing a sport still organised country by country. The long-term implications of overseas, predominantly US, mostly financially acquisitive ownership have not been considered; the clubs have just been sold, one by one. The Premier League will see this deal as another handshake of approval, a sign of success. But no other European country is selling its football clubs like this. Germany, which brought two clubs to the Champions League final and played at Wembley to honour the birth of the game in England 150 years ago, scoffs and says it would never countenance it.
Source: http://www.guardian.co.uk/football/blog/2013/jul/12/fulham-us-takeover-english-football
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Ryan Newman to leave Stewart-Haas Racing - NASCAR News | FOX Sports on MSN
Updated?Jul 12, 2013 4:53 PM ET
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LOUDON, N.H.
Ryan Newman will bid farewell to Stewart-Haas Racing at the end of 2013.
As part of the Kevin Harvick move to SHR, team owner Tony Stewart confirmed Friday that Newman will not be involved with the organization next season. At this time, Stewart doesn?t believe it?s in the company?s best interest to field more than three cars. Along with Stewart, Danica Patrick joined SHR last season.
?I truly wish we were able to facilitate four teams at this time,? Stewart said. ?We?re just not able to do that. Down the road, I?m sure if that becomes a possibility, he will definitely be on the list to fill the fourth seat again.?
Newman, 35, has been part of SHR since the company?s inception in 2009 and is 16th in this season?s points standings. Newman started his NASCAR career in 2000 with Penske Racing and has 16 career Sprint Cup wins ? including three since joining SHR. He ranks third among active drivers for most pole awards with 49.
Newman isn?t sure what the ideal situation would be for him next season. Although he?s spent this season putting together a solid audition, Newman realizes he has some ?homework to do? to figure out what seats might be available and best suited for him.
?To me, I first and foremost want to be wanted for my ability,? Newman said. ?Ability behind the wheel as well as what I can do for the sponsors. That is the most important part. It?s not easy out there with the economy and what it takes to run one of these race teams financially. It?s not easy. Sponsorship is not at its peak in NASCAR.
?There are a lot of things to be considered, but I was sincere when I said I want to be someplace where I?m wanted. I want to be wanted for my abilities and the desires that we have as common goals to win a championship. Every driver out there wants to win a championship. Every driver out there wants to win races. It?s the desire that you have to fight through all the things I think that make and separate the men from the boys, I guess you could say.?
Newman has been mentioned as a possible 2014 candidate for Richard Childress Racing or Furniture Row Racing should Kurt Busch opt to drive for Richard Childress. Another scenario might include the team currently known as Phoenix Racing, as potential buyer Harry Scott purchases James Finch's operation and adds a second team.
Although Newman?s contract with SHR ended last season, he earned a one-year reprieve as the organization ramped up for Harvick?s arrival next year.
Still, Stewart says he?ll continue to support Newman and believes in the driver of the No. 39 Chevy.
?Unfortunately, this will be the last year that we have Ryan with us,? Stewart said Friday. ?That?s probably what?s made this a bittersweet day. I?m bringing in one of my friends to the organization knowing that I?m losing a friend at the end of the year.
?The number one thing when Ryan and I spoke was our friendship will not change. This was a business decision that was Gene?s (Haas) as well as mine. It was a hard decision. There?s a personal side, and there?s a business side, and for Ryan and I, we had to put the personal bit aside to work through the business part of it. But I?ll do everything I can to help Ryan moving forward to help his effort to find another team next year.?
Source: http://msn.foxsports.com/nascar/story/ryan-newman-to-leave-stewart-haas-racing-tony-stewart-071213
China cancels $7.6 billion uranium project after protest
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Uranium processing plan scrapped after protest by hundreds in southern China
NEW YORK - US Airways shareholders have approved the carrier's plan to merge with AMR Corp's American Airlines, moving a step towards bringing the two companies closer to forming the largest carrier in the world. US Airways CEO Doug Parker announced the approval at the airline's annual meeting of stockholders of Friday. "The landscape has changed as other mergers have taken place,'' said ...
Heathrow temporarily closed as Boeing 787 catches fire
LONDON - An Ethiopian Airlines operated Boeing 787 Dreamliner caught fire Friday evening at Britain's Heathrow airport, forcing the closure of both runways for a short time, in a blow for the U.S. plane maker. There were no passengers aboard the plane, which was parked at a remote stand at the time of the incident. Nobody suffered any injuries, a Metropolitan Police spokesman ...
Ghana builds gold refinery
Ghana is building a 4-million-euro gold refinery at the premises of the Precious Minerals Marketing Company (PMMC) Limited, its Chief Executive Officer Reuben Darko Damptey said. The Osagyefo Gold Refinery Ltd, named after Ghana's first president, Osagyefo Kwame Nkrumah, is being undertaken by the state-run PMMC in collaboration with Geo Professionals Services Ltd, a Russian mining and ...
Suspected gunman arrested after 2 killed 1 injured at San Francisco shopping center
SAN FRANCISCO -- A bloodied gunman suspected of killing two women and seriously wounding a man at a shopping center in a crowded San Francisco neighborhood was arrested after opening fire on police officers, authorities said. Officers encountered the suspect Friday outside the San Francisco Giftcenter & Jewelrymart in the trendy South of Market area. At first they were not sure if the man, ...
Amar Bose Devotee of Sound Dies
Amar G. Bose, the visionary engineer, inventor and billionaire entrepreneur whose namesake company, the Bose Corporation, became synonymous with high-quality audio systems and speakers for home users, auditoriums and automobiles, died on Friday at his home in Wayland, Mass. He was 83. His death was confirmed by his son, Dr. Vanu G. Bose. As founder and chairman of the privately held company, Dr. ...
Uranium processing plan scrapped after protest by hundreds in southern China
BEIJING -- Local authorities in a southern Chinese city on Saturday scrapped a plan to build a uranium-processing plant, one day after hundreds of local residents protested against it because of safety worries. The city government of Heshan in Guangdong province said in an online statement that it would halt the 37 billion yuan ($6 billion) project, which would have built facilities for uranium ...
British Gas and Ecotricity simplify tariff charges
Two power companies have announced plans to make their tariffs simpler following the regulator's campaign to make the energy market easier to navigate.British Gas has started to simplify tariffs by replacing its current range of eight standing charges with just one."By the end of August, British Gas will have completed the rationalisation for all but one of its current products and ...
Welcome to the 0 mortgage
These days you can't move for 0% introductory offers on credit cards - but now you can get an initial interest rate of 0% on your mortgage. An eye-catching new deal launched this week offers much lower payments during the first few months, resulting in a "saving" of as much as 4,000 or more - money the customer might want to use for home improvements, to buy furniture and so ...
Blindness is just one more barrier to jump for palomino and her teen rider
LAFAYETTE, Wis. -- Victoria Czech eased onto the back of her 27-year-old palomino quarter horse, Skip, and took him for a ride around a 2-acre pen at her home, preparing the animal for its upcoming performance in the junior horse show at the Northern Wisconsin State Fair. Victoria, 13, gave Skip a variety of voice commands, and used her legs and a rope to guide him. Skip needs the help, ...
In Litchfield one of Minn.s growing numbers of small farms builds from ground up
LITCHFIELD, Minn. -- The peas are ripening at Prairie Drifter Farm and ready for Joan and Nick Olson to pluck off the vine and offer to visitors. The taste is fresh, crisp and sweet. Under the July sun, vegetables are bursting forth on the 33-acre organic farm south of Litchfield. The Olsons point to each row: Over here is kale, with broccoli and cabbage beyond. Over there is garlic, whose ...
Eliot Spitzer to Jay Leno Wall Street Rooting Against Me
Eliot Spitzer Re-Entering Politics Following TV Career Spitzer appeared on Leno's show in California less than 24 hours after a four-day flurry of canvassing for 3,750 valid petitions to run for city comptroller - submitting over 27,000 petitions to the city Board of Elections late Thursday night ahead of a midnight deadline. And Leno, who has poked at Spitzer's reentrance to New York ...
Microsoft conspires with the NSA in spying on its users
Newly released documents reveal the depth of collaboration between Microsoft and the National Security Agency in collecting data from the company's users, including communications and documents sent or accessed over Outlook.com, SkyDrive and Skype. They also show that Microsoft worked with the NSA to break the company's own encryption, ensuring the fullest possible access for the ...
Small hedgie bests the rest
June was a tough month for most hedge funds - but not for one small manager who foresaw the commodities rout.Anuraag Shah?s Tusker Investment Fund, a $105 million commodities fund based in Chicago, gained a whopping 15.6 percent last month, compared with a loss of 2.75 percent for the Absolute Return Commodities Index. The entire hedge-fund universe fell 0.78 percent. Industry insiders ...
Icahn delivers adds perk to his Dell offer
Billionaire investor Carl Icahn is offering shareholders a chance to own a bigger stake in Dell, seeking to force Michael Dell to sweeten his $24.4 billion buyout offer for the personal-computer maker.Icahn, who holds 8.7 percent of Dell, is adding a warrant to his $14 per-share offer that holders could exchange for additional stock, he said in a letter Friday. The value to shareholders would be ...
Israeli fighter jets and Saudi missiles
Earlier this month, a report by Reuters on the state of Israeli air defenses flew under the radar. The story noted that an F-16 on a training mission crashed into the Mediterranean due to ...
Microsoft reboots with wide-ranging business remodel
CEO Steve Ballmer is restructuring the company to cope with a quickening pace of technological change that has left the world's largest software maker a step behind its two biggest rivals, Apple and Google. In an effort to catch up, Microsoft is dismantling a management structure that separated the company into sometimes disjointed divisions and hatching a more cohesive product line-up. The ...
Asian shares mixed after profit-taking record Wall St close
HONG KONG--Asian markets were mixed on Friday, with a record-breaking close on Wall Street offset by profit-taking after the previous day's broad ...
Contracts court rulings hamstring workers
Emboldened by a series of U.S. Supreme Court decisions and an employers' job market, many companies are starting to require workers to sign away their rights in return for a job. It is a trend that experts worry could further wear away employees' power in the workplace. The contracts make it harder for employees to join class-action lawsuits, take their employers to court, or leave to ...
Awash in Lake effect
JPMorgan CFO Marianne Lake is sounding more like a CEO-in-waiting. The 44-year-old exec is garnering kudos from her boss, Jamie Dimon, who praised her performance following the bank?s second-quarter earnings call with analysts. Typically, Dimon leads JPMorgan?s question-and-answer sessions with analysts, overshadowing his beancounters. But yesterday, he let Lake, who was promoted ...
Judge No Steinberg bias seen
The judge overseeing Michael Steinberg?s insider trading trial said he?s not inclined to give the SAC Capital trader special treatment tied to the "media storm" surrounding the high-profile case. Steinberg?s lawyer had asked Manhattan federal Judge Richard Sullivan to give potential jurors a questionnaire to screen for bias as a result of the media coverage stemming ...
B?Berry losin? ZZs over Z10
Best Buy has cut the price of BlackBerry?s Z10 smartphone to $49.99 with a service contract, two weeks after the Canadian smartphone maker reported lackluster sales of the flagship touch-screen model. The Z10 is available at that price with a two-year contract from Verizon or AT&T. The device originally went on sale in the US in March at $199.99, on a par with Apple?s iPhone. ...
Falcone Ergen set for claw-off
Billionaire investor Phil Falcone and satellite guru Charlie Ergen will finally come face to face in their battle over LightSquared. The two will square off in court this week for the first time since it became clear that Ergen is trying to wrest control of the bankrupt wireless provider from founder Falcone. A Manhattan federal bankruptcy judge will hold a hearing on Wednesday tied to ...
Source: http://www.tajikistannews.net/index.php/sid/215805347/scat/3a8a80d6f705f8cc
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Bug bombs cause partial collapse of New York city building
By Jonathan Allen
NEW YORK (Reuters) - A woman attempting to deploy nearly two dozen bug bombs inside her small New York City apartment caused a "partial collapse" of the five-story building, injuring 14 people, the fire department said on Saturday.
Fire marshals said the woman told them she set off 20 bug bombs, also known as foggers, without incident on Wednesday inside her Chinatown apartment.
But as she set about repeating that exercise on Thursday, the highly flammable cloud of insecticide was ignited, likely by the pilot light in her oven or some other kitchen appliance, said Jim Long, a fire department spokesman.
The fiery blast caused a partial collapse of some ceilings and walls on the first floor of the building, which contains businesses as well as other apartments, he said.
The woman with the bug infestation was among the 14 people who suffered injuries such as burns, smoke inhalation and respiratory distress.
Fire officials ruled the explosion an accident.
Firefighters retrieved 21 discharged bug bomb canisters from the scene, Long said. With most brands, one bug bomb per room is believed to be sufficient. It is not clear what the woman saw in her apartment to prompt such extreme measures, he added.
"That's an awful lot of insecticide," Long said.
(Reporting by Jonathan Allen; Editing by Cynthia Johnston and Gunna Dickson)
Source: http://news.yahoo.com/bug-bombs-cause-partial-collapse-york-city-building-164142443.html
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Saturday, July 6, 2013
Trayvon Martin's mother takes witness stand
SANFORD, Fla. (AP) ? The mother of 17-year-old Trayvon Martin is on the witness stand at the trial of the neighborhood watch volunteer who is charged with murder in the fatal shooting of her son.
Sybrina Fulton was called by prosecutors to testify Friday. It's likely she will be asked about 911 calls that capture a struggle between Martin and George Zimmerman.
Zimmerman is pleading not guilty to second-degree murder, claiming he shot Martin in self-defense.
Fulton posted on Twitter Friday, saying "I pray that God give me the strength to properly represent my angel Trayvon."
Martin's parents say the screams are those of their son, while Zimmerman's family claims Zimmerman is yelling on the calls.
Attorneys say identifying the screams can show who the aggressor was in the fight.
Source: http://news.yahoo.com/trayvon-martins-mother-takes-witness-stand-124938855.html
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Poll: 71 percent of Americans say founding fathers would be disappointed
Mandel Ngan / AFP - Getty Images
People across the United States gathered on Thursday for parades, picnics and fireworks at Independence Day celebrations.
By Tracy Jarrett, NBC News
As the United States celebrates its independence, a new survey reveals most Americans believe the nation?s founding fathers would not agree with the way the Constitution is being followed today?and would be disappointed with how the country has turned out.
The poll, released Thursday by Gallup, showed that 71 percent of Americans think the signers of the Declaration of Independence?would not be happy with America today?down from a high of 54 percent who said they would be pleased in 2001.
?Older Americans, those living in the Midwest, conservatives, and Republicans are relatively less likely to say the signers would be pleased than their counterparts,? the poll revealed.
According to Gallup, the political implications of these results suggest Republicans' and conservatives' growing disenchantment with a Democratic president.
Only 27 percent of those surveyed said the founding fathers would be pleased by the way the United States has turned out.
However, 237 years after the Declaration of Independence was signed, a whopping 85 percent of Americans say they are ?extremely? or ?very proud" to be American.
Republicans and people who live in the South were slightly more likely than Americans living in the East, West, and those who identified as Democrats to say they are proud.
The survey is based on telephone interviews conducted between June 1-4 and June 20-24, randomly sampling 1,529 and 2,048 adults, respectively. Participants lived in all 50 states and the District of Columbia.
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Tuesday, July 2, 2013
Knicks, Raptors Trade Would Send Andrea Bargnani To New York (IF It Gets Approved): REPORT
The New York Knicks are reportedly attempting to follow the Brooklyn Nets' reported acquisition of future Hall of Famers Kevin Garnett and Paul Pierce with a move for a former first overall NBA Draft selection.
Is it LeBron James? Nope. John Wall? Not quite. What about Derrick Rose? He's not available either.
The Knicks were negotiating a deal with the Toronto Raptors on Sunday that would bring Andrea Bargnani to New York, as first reported by The New York Times. The 7' Italian forward has not fulfilled his potential in Toronto since being taken with the No. 1 overall selection in the 2006 NBA Draft. In his seven seasons with the Raptors, Bargnani has career per-game averages of 15.2 points and 4.8 rebounds.
Citing unnamed league sources, Adrian Wojnarowski of Yahoo! Sports reported that the Knicks agreed to send a 2016 first-round pick, Marcus Camby, Steve Novak and two future second-round picks to Toronto.
Before Knicks fans got themselves too distraught over (or totally talked into) the team's intent to use future draft picks to acquire a power forward with an aversion to rebounding who is widely considered one of the most notable NBA Draft busts in recent years, the deal was reportedly put on hold pending NBA approval.
Although the deal was not made official on Sunday and could still be altered, Novak felt -- or was told -- that an agreement was close enough that he thanked the Knicks and the fans of New York on Twitter.
MORE FROM THE ASSOCIATED PRESS:
NEW YORK (AP) ? The Knicks and Toronto Raptors are discussing a trade to bring former No. 1 pick Andrea Bargnani to New York.
The Knicks' push to land the forward from Italy was put on hold Sunday when a deal was not completed, but a person with knowledge of the discussions says the talks will continue.
The person spoke on condition of anonymity because the discussions were to remain private.
The New York Times reported first Sunday that the teams had agreed to a deal, with the Knicks sending Steve Novak, former Raptors center Marcus Camby and a future No. 1 pick to Toronto. But the deal was not approved for salary reasons and the teams will keep looking for ways to make it work.
Bargnani was the top pick of the 2006 draft but the Raptors have made just one playoff appearance since drafting him.
He averages 15.2 points for his career, but dropped to just 12.7 per game last season while playing in only 35 games, missing the last month with a sprained right elbow. The 7-footer averages just 4.8 rebounds for his career and largely plays on the perimeter in Toronto, but his 3-point shooting percentage tumbled to about 30 percent in each of the last two seasons.
Bargnani has two years and about $22.2 million remaining on his contract.
The Knicks waived reserve guard James White earlier Sunday.
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Source: http://www.huffingtonpost.com/2013/07/01/knicks-raptors-trade-andrea-bargnani_n_3526683.html
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New apps to tame uncontrollable inboxes
By Natasha Baker
TORONTO (Reuters) - Buried under emails? Losing control of an overflowing inbox? New apps are designed to help consumers deal with seemingly endless streams of electronic mail.
Three apps, Dispatch and Boxer for the iPhone, and Boomerang for Android devices, try to make email management on smartphones fast and simple.
Another app called Sanebox, which works on any platform and costs between $2 and $20 each month, creates a folder in a user's mailbox where it filters unimportant messages. Algorithms in the app learn about a user's behavior to understand what he or she considers urgent.
"You think you're being productive by clearing stuff out of your inbox, but no matter how good you are, more emails will keep coming," said Dmitri Leonov, a vice president for Boston-based SaneBox.
The average office workers spends 13 hour each week reading, writing and replying to emails, according to the McKinsey Global Institute, the research arm of McKinsey management consultant.
The Dispatch app works by communicating with 16 other apps, such as one for note-taking and another linked to-do lists to simplify email. Users can send a link to Instapaper, an app for reading articles at a later time, and can also customize messages to help them respond to emails faster.
Boxer has a feature so users can "like" an email and put it on the app's to-do list for later processing. They can also request that a coworker handle an email, and there are templates for quick responses, such as "Good idea," and "When do you need this?"
Both Dispatch and Boxer cost $4.99 and are available worldwide.
Boomerang, for Android devices, allows users to defer messages until later, schedule emails to be sent at a particular time, and track responses. The free app only works with Gmail.
Leonov suggests people focus on dealing with urgent and important messages, rather than trying to keep up with everything that lands in your inbox.
"Email is a to-do list that other people can write on for you," said Leonov.
(Editing by Patricia Reaney and Doina Chiacu)
Source: http://news.yahoo.com/apps-tame-uncontrollable-inboxes-183315789.html
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GALEX decommissioned: What happens to abandoned space probes?
NASA's earth-orbiting GALEX was shut down Friday, meaning that the spacecraft will join a long line of space probes sacrificed to the universe.
This NASA Galaxy Evolution Explorer (GALEX) mosaic of ultraviolet images obtained from December 2003 shows the large galaxy in Andromeda, Messier 31.
NASA/California Institute of Technology /AFP
EnlargeThe pink slip was delivered at 3:09 p.m. EDT on Friday in Dulles, Vermont. The order: decommission Galaxy Evolution Explorer.
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And so, after about a decade of use, the power was flicked off on GALEX.
The Earth-orbiting spacecraft ? which had been cut from NASA?s budget in February 2011 and had survived off funds from the California Institute of Technology ? had racked up a sizable roster of discoveries?during its mission, observing the teenage-stage of galaxy growth, a black hole consuming a star, the presence of new stars around dead galaxies, and?insights into the nature of dark energy.
The spacecraft will remain in orbit for at least another 65 years, floating glumly and uselessly around the Earth. Then it will fall back toward the planet, burning up as it re-enters the atmosphere, doing one last service as a ?shooting star? on which a celestial-looking child might make a wish ? just as writer Ray Bradbury, in his 1951 story Kaleidoscope, imagined an unlucky, falling astronaut as the object on which a small Illinois boy pins all his hopes.?
GALEX?s sad, lonely end is typical. Few objects launched into space have hope of seeing Earth again. Unless, of course, there are people on board, that brave object is designed not to come back to us, but to serve its mission and then remain out there as a teeny record of human ingenuity and curiosity floating through an impassive universe.
Some of these explorers, like GALEX, will meet a sudden end. Our space record is packed with casualties ? spacecraft that made fatal landings and the dust of which has been received neatly into the universe. There was Russia?s Venera 3, a Venus-bound probe that crashed into the planet in 1966. And there?s the US?s Mars Climate Orbiter, which in 1998 made a faulty entry into the planet?s orbit and fizzled up in the unfriendly atmosphere.
But for other spacecraft, the end is more uncertain, more a long wait for something, anything, to happen. Other Venera probes (Russia launched some 16 of them) are presumably still somewhere on Venus, their batteries shot. And on Mars, NASA's Spirit Rover stopped communicating in 2010; since then it has lingered hopelessly there in the Martian desert. Opportunity, its twin rover, is still chugging along, sending back new information as it waits for something to go wrong. ?Every day is a gift,? said John Callas, of NASA?s Jet Propulsion Laboratory, of that rover, earlier this month.
Curiosity rover ? which landed on Mars last summer ? has a mission of one Mars year, or some 687 Earth days. Perhaps it will outlast its warranty. But eventually it will join the other decommissioned, powerless rovers on the Red Planet, waiting dully for something to happen to it, ever so slowly eroding and gathering Martian dust.
Perhaps the loneliest of ends is reserved for the most far-flung objects, which quietly, without complaint, recede into the universe.
In Bradbury?s Kaleidoscope, a spacecraft splinters midflight and sends its human cargo floating through the terrible emptiness, waiting for something that will put an end to it all. And so they fall with ?vague acceptance,? with ?varying degrees of terror and resignation,? with the knowledge that ?nothing could bring them back.?
The falling astronauts in that story enjoy the benefit of a reasonably short lifespan. But for the (mercifully non-sentient) space probes, the wait is much longer, possibly forever.
Voyager 1, which is now at the outskirts of our solar system and preparing to depart for the rest of our galaxy, and Voyager 2 will run out of fuel in about 2020. After that, the siblings will drift through space, waiting, "each going to a separate and irrevocable fate."
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8 shot at Brooklyn party; 1 in critical condition
NEW YORK (AP) ? Police say four women and four men have been shot at a party in Brooklyn, including one woman taken to a hospital in critical condition.
Authorities say shots rang out at a party at a residence at approximately 1 a.m. Sunday. They say the woman and seven other people who sustained non-life-threatening injuries have been transported to three different hospitals.
Police say there is no immediate word on the extent of the injuries or the identities of those who were hurt.
Police say no arrests have been made and no suspects identified.
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Cassidy: Buddhist monk finds Google, Facebook might hold the key to eternal happiness
MOUNTAIN VIEW -- As I drove to the Googleplex to meet Trungram Gyaltrul Rinpoche, I was pretty sure I was headed to that place where worlds collide.
I mean, the Rinpoche, as he's called, was a Buddhist teacher; a lama; a man of calm, introspection, meditation and deliberation -- a deep breather who lives his life searching for self-actualization and helping others in their journey toward the same. And Google (GOOG), well Google is the frenetic poster company for Silicon Valley frenzy and its relentless drive toward tomorrow; the hyper-connected, hyperkinetic
Tibetan Lama Trungram Gyaltrul Rinpoche on the Google campus in Mountain View, Calif. on Friday, June 14, 2013. (LiPo Ching/Bay Area News Group) ( LiPo Ching )
corporation with its hands in a million different businesses and an outfit that never, ever, looks back.But I can report that no heads exploded, no flames erupted, and in fact, we had a visit in the courtyard of the Googleplex that was, well, peaceful. It was no accident that the Rinpoche had come to the capital of chaos to increase his enlightenment. Silicon Valley, he explained, is incredibly influential in our everyday lives and anyone who wants to understand how we're living today, better understand Silicon Valley.
"What I'm doing," the Rinpoche told me, "is more of an exploration. I'm trying to explore how things are working. What does it look like? What are people thinking? What are people trying to do in this tech
valley?"Yeah, thoughtful guy. It's kind of an occupational hazard. Trungram Gyaltrul, who was born in India of Nepalese parents, was recognized as the reincarnation of a revered teacher when he was a baby. His next stop was a monastery, the first step on an scholastic career that ended with a Harvard doctorate in Tibetan and Himalayan studies. So, in some ways he fit right in with the brainiacs at Google, who've been known to flirt by asking, "What's your advanced degree?"
And as we talked, I learned that the nonstop culture of Google and Silicon Valley and the Buddhist culture that the Rinpoche is working to spread across the Western world intersected in many more ways than I had imagined. You could say the Rinpoche opened my mind.
Oh sure, he said, there is plenty that modern technology can dish up to obstruct mindfulness and awareness of the moment. "For example," says Rinpoche, dressed in a simple maroon robe and clutching a smartphone, "if you look around you can find people sitting around tables, two people sitting together to talk to each other, but each one is holding a cellphone and actually not talking to the person next to them, but to someone else far away."
But of course, those cellphones are also creating a connection, perhaps not as rich and real as the face-to-face connection, but who's to say?
The Rinpoche spent five days in the valley, visiting with employees at Google and Facebook and talking to organizers at Wisdom 2.0, an organization working on creating beneficial connections through technology. Let's just say he was something of a hit.
"He's an interesting guy," says Bill Duane, one of the Google employees who met with the Rinpoche. "There certainly aren't too many Nepalese monks with Ph.D.s from Harvard floating around, who come to have lunch with Google."
And yet it's surprising it doesn't happen more often. Google, you see, is mindful of
Tibetan Lama Trungram Gyaltrul Rinpoche on the Google campus in Mountain View, Calif. on Friday, June 14, 2013. (LiPo Ching/Bay Area News Group) ( LiPo Ching )
more than just the bottom line. For years the company has offered an on-campus course called "Search Inside Yourself," launched by Chade-Meng Tan, who started at Google as an engineer and whose job description now reads, "to enlighten minds, open hearts, create world peace."They think big.
Speaking of which, the Rinpoche, in one short visit, quickly grasped the valley's mindfulness potential. He's a man who uses a cellphone, laptop, the Internet and has a Facebook page (who doesn't); and he doesn't buy the notion that technology and mindfulness are diametrically opposed. He came across many valley-dwellers who enthusiastically agreed -- for instance Duane, who's a learning and development manager at the search company.
"I think about the supposed tension between the two," Duane says of tech and mindfulness, "and I don't see it. I frame it as, how do we have a wise relationship with our tools and with tools that have such a high potential for good?"
And wouldn't you know it? It turns out that two of the valley's most successful companies provide an ideal metaphor for the very foundation of Buddhist teachings -- wisdom and compassion. Buddhists like to describe each as a wing, explaining that you need two wings to fly.
"At Google I found they're more interested in wisdom. They want to search inside oneself," the Rinpoche says. "Then I went to Facebook and their interest is related to compassion, the other important point. They're more about social networking and friendships."
Sounds like the makings of the perfect corporate merger -- at least if you consider eternal happiness to be an acceptable return on investment.
Contact Mike Cassidy at mcassidy@mercurynews.com or 408-920-5536. Follow him at Twitter.com/mikecassidy.
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Genomic atlas of gene switches in plants provides roadmap for crop research
June 30, 2013 ? What allows certain plants to survive freezing and thrive in the Canadian climate, while others are sensitive to the slightest drop in temperature? Those that flourish activate specific genes at just the right time -- but the way gene activation is controlled remains poorly understood.
A major step forward in understanding this process lies in a genomic map produced by an international consortium led by scientists from McGill University and the University of Toronto and published online today in the journal Nature Genetics.
The map, which is the first of its kind for plants, will help scientists to localize regulatory regions in the genomes of crop species such as canola, a major crop in Canada, according to researchers who worked on the project. The team has sequenced the genomes of several crucifers (a large plant family that includes a number of other food crops) and analyzed them along with previously published genomes to map more than 90,000 genomic regions that have been highly conserved but that do not appear to encode proteins.
"These regions are likely to play important roles in turning genes on or off, for example to regulate a plant's development or its response to environmental conditions," says McGill computer-science professor Mathieu Blanchette, one of the leaders of the study. Work is currently underway to identify which of those regions may be involved in controlling traits of particular importance to farmers.
The study also weighs in on a major debate among biologists, concerning how much of an organism's genome has important functions in a cell, and how much is "junk DNA," merely along for the ride. While stretches of the genome that code for proteins are relatively easy to identify, many other 'noncoding' regions may be important for regulating genes, activating them in the right tissue and under the right conditions.
While humans and plants have very similar numbers of protein-coding genes, the map published in Nature Genetics further suggests that the regulatory sequences controlling plant genes are far simpler, with a level of complexity between that of fungi and microscopic worms. "These findings suggest that the complexity of different organisms arises not so much from what genes they contain, but how they turn them on and off," says McGill biology professor Thomas Bureau, a co-author of the paper.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/97SI62s6rJ8/130630144921.htm
Supreme Ct. to consider fight over frozen assets
MIAMI (AP) ? When Kerri and Brian Kaley came under federal investigation for allegedly stealing medical devices, they took out a $500,000 line of credit on their New York house to hire lawyers. Yet after their indictment in 2007, prosecutors sought to prevent the Kaleys from using the money because the government intended to seize the house.
The Kaleys insisted they were legally reselling the medical items. At the very least, they wanted a hearing to determine whether the government's case was strong enough to justify freezing most of their assets and denying them the right to hire the attorney of their choice.
It's an issue federal courts around the country are deeply divided over. Now, the U.S. Supreme Court has a chance to settle the matter after agreeing earlier this year to hear the Kaleys' appeal.
The case involves both the Fifth Amendment's due process clause and the Sixth Amendment's right to counsel, and could potentially affect thousands of cases each year in which the Justice Department seeks to seize defendants' property. Such cases typically range from alleged drug dealers and Mafia figures to Ponzi schemers and Medicare fraudsters, but also could ensnare people who are wrongly accused.
To property rights advocates, the Kaleys' case is an opportunity for the court to tip the scales of justice slightly more in the favor of defendants who are routinely deprived of their assets without being convicted. The ruling would not directly impact state courts, which operate under their own forfeiture laws, but lawyers could cite the Supreme Court decision to help a client.
"People who are indicted on criminal charges in the United States are presumed innocent," said Larry Salzman, an attorney with the Institute for Justice, an Alexandria, Va.-based nonprofit law firm involved in forfeiture and property seizure cases nationwide. "Seizing their assets on the basis of an indictment alone turns the presumption of innocence on its head. It follows the rule of punishment first, evidence later."
Prosecutors, however, say a grand jury's decision to bring criminal charges shows the case has enough merit to enable them to freeze assets that may have been obtained through illegal activity.
In fiscal 2012, more than $4.2 billion was deposited in the Justice Department's asset forfeiture fund. That compares with about $1.6 billion in each of the two previous years.
Prosecutors say adding a hearing to allow a defendant to attack the validity of the grand jury's indictment would force prosecutors to prematurely lay out their case and might even endanger witnesses.
"No reason exists to think that an extra layer of procedure on that score ? one that could be undertaken only at significant cost ? would be beneficial, much less that it is constitutionally mandated," the U.S. solicitor general's office wrote in Supreme Court papers.
The office, which represents the administration of President Barack Obama before the Supreme Court, also asked the justices to settle the question nationally so there would be a single standard in federal courts.
The Kaleys, who live in Cold Spring Harbor, N.Y., have been battling the government for more than six years. They declined an interview request through their Miami-based attorneys, Howard Srebnick and Richard Strafer.
It all started when the Food and Drug Administration began an investigation in 2005 into what appeared to be a highly lucrative but unregulated market of resale of various medical devices, from hardware to sutures. The probe led investigators to a Delray Beach middleman in South Florida who was buying the devices from the Kaleys and others and then selling them to other medical providers. He did some $10 million in business in one year.
At the time, Kerri Kaley was a sales representative for Ethicon Endosurgery, a subsidiary of medical supplies giant Johnson & Johnson. She and her lawyers insist that she was legally allowed to resell the medical items she was given because Johnson & Johnson would not accept them as returns after a certain date and because hospitals wanted to clear out space for newer products. Hospitals also traded the older items for newer, free devices from the sales force.
Another sales representative, Jennifer Gruenstrass, was charged along with the Kaleys but went to trial separately. She was acquitted in November 2007. Gruenstrass's assets were not frozen before the trial.
"There is a vibrant trading culture that exists between reps and between hospitals," Gruenstrass' attorney Robert Casale said. "Nobody is reporting a theft at any of the hospitals. Nobody at Ethicon is saying, 'We were missing stuff.' No theft."
The prosecutor, Assistant U.S. Attorney Thomas Watts-Fitzgerald, said there was evidence the Kaleys and Gruenstrass knew what they were doing was illegal. For example, he said, Brian Kaley set up two shell construction businesses that actually acted as only conduits for the checks his wife was getting through the device sales. And, he said, the Kaleys hastily cleaned out their garage of the devices when they were first contacted by the FDA.
"Those were stolen devices," Watts-Fitzgerald said. "She had no right, title and interest in any of the equipment they were selling."
Still, the acquittal of Gruenstrass could indicate the Kaleys have a point in questioning the strength of the federal case. What they want from the Supreme Court is a chance to show that weakness to a federal judge so they can win access to the money they need to pay the lawyers they choose.
The $500,000 line of credit the Kaleys took out on their house was based on their lawyers' estimate of their fees and expenses to take the case all the way through trial.
The 11th U.S. Circuit Court of Appeals, which handles cases from South Florida, said the Kaleys were only entitled to a hearing on whether their frozen assets were connected to the alleged crimes. Three other circuits have similar standards, while five others do require prosecutors to show at least some evidence of guilt.
The Kaleys face an eight-count indictment on conspiracy, transportation of stolen property, money laundering and obstruction of justice charges that carry maximum combined penalties of 85 years in prison. If convicted, they would likely lose their New York house and the $500,000 line of credit.
"With so much at stake in a criminal case, we believe due process requires a pretrial hearing to determine the propriety of the restraint of assets needed to retain counsel of choice at trial," said Srebnick, one of the Kaley attorneys.
The criminal prosecution is on hold in federal court in West Palm Beach until the Supreme Court makes its decision. Oral arguments are not expected until October, with a ruling likely in late 2013 or early 2014.
___
Follow Curt Anderson on Twitter: http://twitter.com/Miamicurt
Source: http://news.yahoo.com/supreme-ct-consider-fight-over-frozen-assets-132209528.html
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