Monday, November 28, 2011

GOP Latinos face questions of own immigrant past

New Mexico Gov. Susana Martinez is forced to research and clarify her late grandfather's immigration status. Marco Rubio, Florida's GOP Senator, is accused of embellishing his family's immigrant story. A Republican congressional candidate in California puts on his website that he is the great-grandson of an illegal immigrant.

As more Latino Republicans seek and win elected office, their families' backgrounds are becoming subject to increased scrutiny from some Latino activists, a reaction experts say is a result of Latino Republicans' conservative views on immigration. It's a new phenomenon that experts say Latino Democrats rarely faced, and could be a recurring feature in elections as the Republican Party seeks to recruit more Latino candidates.

"It's a trend and we are seeing more of it," said Alfonso Aguilar, executive director of the Washington, D.C.-based Latino Partnership for Conservative Principles.

For years, most Latino elected officials were largely Democrats, except in Florida, where Cuban Americans tended to vote Republican. But recently, a new generation of Latino Republicans has won seats in Arizona, Texas, New Mexico, California and even Idaho. Those politicians have come under fire from some Latino activists for pushing for laws targeting illegal immigrants and for opposing efforts for comprehensive immigration reform - views that are in line with most Republicans.

And the immigrant advocates are pointing to the GOP Latino elected leaders' own family histories in an effort to paint them as hypocrites. Ignacio Garcia, a history professor at Brigham Young University, said it comes from a long tradition by liberal activists of portraying Latino Republicans as "vendidos," or sellouts, since the majority of Latino voters tend to vote Democratic.

For example, Martinez tried twice in the New Mexico state legislature to overturn a state law that allows illegal immigrants to obtain state drivers' licenses. Then earlier this year, various media outlets reported that a grandfather of Martinez may have been an illegal immigrant. The reports sparked immigrant advocates to protests outside the state Capitol with poster-size photos of Martinez on drivers' licenses.

Martinez, a Republican and the nation's only Latina governor, ordered her political organization to research her family's background and found documents that suggested that her grandfather legally entered the country and had various work permits.

The episode drew criticism, even from those who opposed Martinez' efforts on state driver's licenses. "This has nothing to do with her views and how she governs," said Michael A. Olivas, an immigration law professor at the University of Houston who also is aiding in a lawsuit against a Martinez's administration probe over the license fight. "I don't think it's fair for people to dig around in her family's past."

In Florida, Rubio's official Senate website until recently described his parents as having fled Cuba following Fidel Castro's takeover. But media organizations reported last month that Rubio's parents and his maternal grandfather emigrated for economic reasons more than two years before the Cuban Revolution.

Somos Republicans, a group dedicated to increasing Latino Republican voting numbers, immediately attacked Rubio over the discrepancy and for holding harsh views on immigration. "We believe it is time to find out the complete history of his parents' immigration history," the group said in a statement. "It is also time for Rubio to be a leader and help Senator Bob Menendez (D-NJ) fix the broken immigration system."

Source: http://www.miamiherald.com/2011/11/27/2520728/gop-latinos-face-questions-of.html

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Video: Inside the national crime museum

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Source: http://www.msnbc.msn.com/id/21134540/vp/45444230#45444230

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This Turkey is Cooked (Balloon Juice)

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Sunday, November 27, 2011

Incorporating Finance Certifications to Your Stock Broker Resume ...

[unable to retrieve full-text content]Obtaining some good finance certifications is with out a doubt extremely much proposed if you want to go after a vocation as a stock broker or a monetary analyst for a massive business. Staying a stock broker or a economic ...

Source: http://watchmygear.com/2011/incorporating-finance-certifications-to-your-stock-broker-resume-recipe/

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American student arrested in Cairo arrives in US


Essential News from The Associated Press

? ?Associated Press. All Rights Reserved.

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-11-26-Egypt-American%20Students/id-48e1b3eb8a8542d5b9079343b04c66d3

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Reheat Pizza in a Skillet to Bring Back Crispy Crusts [Video]

Reheat Pizza in a Skillet to Bring Back Crispy Crusts Instead of microwaving your leftover cold pizza to make soggy hot pizza, reheat the pizza slices in a large skillet on medium heat for 4-5 minutes with a domed lid for the pizza made with aluminum foil to help reflect heat back to the toppings without trapping steam inside.

Chef John from Culinary blog Foodwishes claims that the residual oil from the pizza crust in your skillet will be reheated and make the crust crispy again and by the time this happens the cheese will have melted again and warmed the toppings. He even makes the claim that he uses this method with delivery pizza to improve the crust.

Magic Pizza Reheat Method! | YouTube

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/f5aj7mHtQt8/reheat-pizza-in-a-skillet-to-bring-back-crispy-crusts

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Saturday, November 26, 2011

Asia stocks slump amid poor German debt auction (AP)

BANGKOK ? Asian stock markets were mostly lower Thursday amid mixed economic data out of the U.S. and fears that the German economy ? Europe's strongest ? may be succumbing to the continent's debt crisis.

Japan's Nikkei 225, reopening after a one-day public holiday, fell 1.5 percent at 8,186.58. Hong Kong's Hang Seng index lost 0.7 percent at 17,730.57. Benchmarks in New Zealand, Malaysia and Singapore also fell.

But South Korea's Kospi gained 0.3 percent at 1,788.51 and Australia's S&P ASX 200 was 0.3 percent higher to 4,064.40.

Global markets were spooked Wednesday by the poor results at an auction of German debt, which met with only 60 percent demand. Germany's Financial Agency blamed "the extraordinarily nervous market environment."

The weak buying suggests that Europe's crisis might be infecting strong nations that are crucial to keeping the euro currency afloat. Germany bears much of the burden of bailing out weaker neighbors such as Greece and Portugal.

Analysts at Credit Agricole CIB said the eurozone debt crisis remains "the major concern for the markets" and that the German debt auction signals the spread of "the contagion to hard core economies" in the region.

Borrowing costs for Italy and Spain rose from levels that already were considered dangerously high. Europe lacks the resources to bail out those countries, its third- and fourth-biggest economies.

In the U.S., the government released a mixed batch of economic reports. Slightly more people applied for unemployment benefits last week, a sign that layoffs continue.

Consumer spending was sluggish but incomes rose a bit more than expected. Orders for long-lasting manufactured products fell for a second month and business investment dropped off.

The Dow fell 2.1 percent to close at 11,257.55. The Standard & Poor's 500 index fell 2.2 percent to 1,161.79. The Nasdaq fell 2.4 percent to 2,460.08.

U.S. markets will be closed on Thursday for the Thanksgiving holiday and will have shortened hours on Friday.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111124/ap_on_re_as/world_markets

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China to bring charges for pipeline explosion (AP)

BEIJING ? Chinese state media say 14 senior oil managers will be charged and 29 others disciplined for an oil pipeline explosion in northeast China.

The July 2010 explosion near Dalian city caused China's worst known oil spill and an environmental crisis.

Xinhua News Agency says 14 people have been handed over to judicial authorities, but gave no details of possible charges.

The pipeline is owned by China National Petroleum Corp., Asia's biggest oil and gas producer by volume.

Xinhua said Thursday that 29 senior managers of China National Petroleum Corp. and affiliated companies will be subject to disciplinary action, including dismissal and demotion.

The explosion resulted from workers continuing to inject a catalyst into the pipeline after a tanker had finished unloading cargo.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111124/ap_on_re_as/as_china_pipeline_explosion

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Dr. Conrad Murray Prosecutors Lobby For Maximum Possible Sentence


Dr. Conrad Murray will be sentenced next Tuesday, and how much jail time he serves will depend on what a judge decides after hearing arguments from both the defense and prosecution - which will be poles apart as you might expect.

The D.A. wants Michael Jackson's former personal physician to spend the maximum possible four years in prison for his involuntary manslaughter conviction.

Meanwhile, defense attorneys asked that he only receive probation.

Murray TrialThis Was It

Prosecutors David Walgren and Deborah Brazil told Judge Michael Pastor that Murray showed no remorse for Jackson's death and has blamed others instead.

Moreover, he chose to slander the King of Pop both at trial and in the documentary he filmed during it, making a lenient sentence for the doctor inexcusable.

The film does not portray MJ flatteringly. In one interview for it, Dr. Conrad Murray actually says, "I don't feel guilty because I did not do anything wrong."

The maximum jail sentence isn't the only thing the prosecution is seeking - they're looking for damages of up to $100 million due to Jackson's death.

The defense for Murray, who is on suicide watch, begged to differ.

Defense attorney Nareg Gourjian cited positive letters from Murray's former patients and said, "There is no question that the death of his patient, Mr. Jackson, was unintentional, accidental and an enormous tragedy for everyone affected."

"Dr. Murray has been described as a changed, grief-stricken man, who walks around under a pall of sadness since the loss of his patient, Mr. Jackson."

Funny, his actions don't exactly suggest that, do they?

Source: http://www.thehollywoodgossip.com/2011/11/dr-conrad-murray-prosectuors-lobby-for-maximum-possible-sentence/

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Friday, November 25, 2011

Netflix lawsuit dismissed (Reuters)

LOS ANGELES (TheWrap.com) ? A multi-million-dollar class action lawsuit against Netflix and Walmart that alleged the two companies had conspired to carve up the DVD rental and sales market between them has been dismissed.

On Tuesday, District Judge Phyllis Hamilton granted the video-rental giant's motion for summary judgment.

A trial in the anti-trust case was scheduled to take place in January in Oakland, California, but will not move forward.

"We're obviously pleased with the court's decision here as we've always said this case had no merit," Steve Swasey, a spokesman for Netflix, told TheWrap.

An attorney for the plaintiffs did not immediately respond to requests for comment.

Judge Hamilton found that the plaintiffs could not prove that Netflix had worked in concert with the retailer by agreeing not to sell DVDs. In return for Netflix's promise, the suit alleged that Walmart agreed not to enter the online rental market.

"Defendants' conspiracy enabled Netflix to charge its customers higher subscription prices for the rental of DVDs than it otherwise would have," the suit alleged. "As a result of their contract, combination, and conspiracy, as well as Netflix's unlawfully acquired and maintained market and monopoly power, Netflix actually did overcharge Plaintiff, and millions of other consumers similarly situated, and continues to do so."

Plaintiffs were seeking damageqd of between $493 million and $654 million, according to Reuters.

Not that the plaintiffs have been left entirely empty-handed. Last year, Walmart reached a $27.25 million settlement over the class-action charges.

That means that the roughly 25 million Netflix customers who subscribed to the service between May 19, 2005, and September 2, 2011, could be eligible for roughly $1 in damages.

That's almost enough to rent a movie from Redbox.

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20111123/media_nm/us_media_netflix

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Restraining order extended in Gomez case

A civil judge extended a temporary restraining order Wednesday but refused to issue Selena Gomez a lengthier order against a man accused of stalking the singer-actress.

Superior Court Judge William Stewart said he will not grant a three-year restraining order while Thomas Brodnicki remains on a psychiatric hold unless he has assurances the man had an opportunity to be represented at a hearing.

Stewart did extend a temporary order requiring Brodnicki, 46, to stay 100 yards away from the "Wizards of Waverly Place" star until a Jan. 6 hearing.

Los Angeles Police Detective Jose Viramontes told Stewart that Brodnicki is in a hospital on an involuntary psychiatric hold and efforts are under way to place him under a conservatorship. Viramontes said those proceedings, which would place Brodnicki under court supervision and could establish a treatment plan, could take 10 months.

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The judge said allowing Brodnicki time to contest the restraining order is a basic due process issue.

Gomez's attorney, Blair Berk, argued that Brodnicki had an opportunity to contest the order and briefly had a public defender in another case who could have handled the issue.

Another judge recently dropped a felony stalking charge against Brodnicki after determining prosecutors hadn't proven he had caused fear for the star.

Berk argued that the civil order was the only court protection for Gomez.

Gomez, 19, did not attend the hearing. She wrote in a sworn declaration that she was in extreme fear after learning that Brodnicki had threatened to kill her while he was on a previous psychiatric hold.

Prosecutors accused him of traveling to Los Angeles and stalking the actress between July and October.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://today.msnbc.msn.com/id/45418642/ns/today-entertainment/

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Ga. farmers crack down on rash of pecan thieves

FILE - In this Nov. 2, 2001 file photo, a machine shakes pecans from a tree near Albany, Ga. Pecan prices have soared to record highs, driven by withering drought in the U.S. and surging demand in Asia. Farmers and sheriffs in Georgia, the nation's top pecan producer, say criminals have learned swiping unharvested nuts, worth $1.50 or more per pound, can be as profitable as scooping up piles of loose change. (AP Photo/Elliott Minor, File)

FILE - In this Nov. 2, 2001 file photo, a machine shakes pecans from a tree near Albany, Ga. Pecan prices have soared to record highs, driven by withering drought in the U.S. and surging demand in Asia. Farmers and sheriffs in Georgia, the nation's top pecan producer, say criminals have learned swiping unharvested nuts, worth $1.50 or more per pound, can be as profitable as scooping up piles of loose change. (AP Photo/Elliott Minor, File)

(AP) ? Hired by farmers as a private security guard, Brooks Rucker patrols thousands of acres of Georgia farmland on the lookout for thieves toting 5-gallon buckets.

He rarely comes up empty handed. Since the fall harvest began Oct. 1, Rucker says, he and two other guards have caught more than 160 culprits in the act. Some they let go. Others get handed over to police. Either way, he's recovered thousands of dollars' worth of stolen goods: mounds of pecans snatched from his employers' trees.

"It's an all-day hassle trying to keep these folks out," said Rucker. "You'll pull into a pecan grove and they'll have a 10-foot extension ladder trying to shake the pecans loose with poles. It's bad."

At a time when farmers should be giving thanks for pecans selling at record prices, they're instead cracking down on thieves. One sheriff in pecan-growing country says his department gets several calls a week reporting pecan snatchers, while the prosecutor in the area anticipates prosecuting dozens of pecan-theft cases.

It's not just pecan pies and other nutty goodies driving demand so close to the holidays. Prices have soared as China has developed an insatiable appetite for pecans, while withering drought in the southern U.S. has limited supplies.

In Georgia, the nation's top pecan producer, farmers and authorities say criminals can earn a tidy profit by stealing the nuts ? worth $1.50 or more per pound in smaller quantities. Pecan grower Bucky Geer estimates a single 5-gallon bucketful is worth about $38.

"Some of these pecans are approaching a nickel in value apiece," said Geer, whose neighbor set up surveillance cameras after a theft. "It makes them too tempting to steal."

Geer and six other farmers in southwest Georgia's Mitchell County hired Rucker and his friends to watch their combined 7,500 acres of pecan groves during the fall harvest, which runs through December. The farmers pay the men, all of them volunteer firefighters, about $2,100 a week total.

Under Georgia law, it's a felony to steal more than $500 worth of a crop from a farmer's land. Joe Mulholland, district attorney for the five-county judicial circuit that includes Mitchell County, anticipates that he'll prosecute dozens of pecan theft cases after the harvest.

"A significant number of them will be felonies," he said.

Duke Lane, chairman of the Georgia Pecan Growers Association, said the precautions are worth it. Pecan groves can cover hundreds, even thousands, of rural acres where there often aren't people around to spot thieves. And stolen nuts are easy to offload.

Roadside stands are buying them to sell to passing motorists, Lane said. Owners of rural businesses from gas stations to hardware stores act as middlemen, buying smaller amounts until they accumulate enough to sell to food processors.

"We're losing a lot of money," said Lane, who notes that pecan thieves have been a problem before, but seem more aggressive than ever this year. "You could easily steal $1,000 worth of nuts in one night."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2011-11-23-Pecan%20Thieves/id-83c805d415724396a27b195d884ccb3b

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Thursday, November 24, 2011

'Occupy' protesters complete New York to D.C. march

Aristide Economopoulos/The Star-Ledger

Holding an American flag, Michael Glazer, from Chicago leads Occupy Wall Street protesters across the Hackensack River in Jersey City, N.J. on Nov. 9. The group arrived in Washington, D.C. on Tuesday.

By Miranda Leitsinger, Senior Writer and Editor, msnbc.com

More than 40 "Occupy" protesters who have marched?240 miles over 14 days from New York to Washington, D.C.,?reached their destination on Tuesday, said organizer Michael Glazer, a 26-year-old unemployed and homeless actor from Chicago.

Ranging in age from 18 to over 50-plus, the protesters?set out on the hike to spread the word about the movement,?meet with members of other "Occupy" desmontrations?in Baltimore and Philadelphia and to send a message to Congress that it can?t put off dealing with the nation?s fiscal problems, Glazer said as they marched the last remaining miles to their final stop of McPherson Square ? home of the Occupy D.C. encampment.


But the big aim "was to protest the supercommittee, which ...?is essentially a big giant debacle," Glazer said. "? (They?re) not dealing with problems now, that?s not great leadership, they?re just doing the easy thing.?

Styling themselves after the freedom riders of the Civil Rights movement, their march has been marked by highs, such as warm receptions at "Occupy" camps in Baltimore and Philadelphia.?

But they have had some lows, too, with some hecklers calling them ?communists? and ?Russians.? There also were?arguments with newcomers to the march ? about 20 joined along the way -- who wanted to cancel the?general assemblies held at the end of each day's hike.

?This was set up to be a pretty grueling march,? Glazer said, as other marchers chanted ?All day, all week, Occupy Wall Street.? ?We figured it out, but it took a while for people to come around to understand that ? It?s a leaderless movement, you know, nobody is a leader on the march.?

To demand or not to demand? That is the 'Occupy' question

While they were?en route,?the eviction of the flagship Occupy Wall Street encampment in New York City?took place early on Nov. 17.

Glazer said he watched in horror as the events unfolded on Livestream.

??We felt kind of guilty for being out on the road but we knew ? that we had to keep doing what we were doing,? he said.

They walked 31.5 miles on Monday trying to get to DC ahead of the supercommittee?s announcement that it had failed to reach a deficit-reduction deal. They had originally planned to arrive Tuesday, before the Wednesday midnight deadline for the committee to complete its work.

?We didn?t expect (it) to work in the first place because it was set up to fail. They didn?t give us any reason to think that they were going to make it work,? he said.

Dissension among the ranks at Occupy Wall Street

Though the march was trying, Glazer said they were looking ahead to a larger one in the spring. In the meantime, he said, they had increased awareness of the "Occupy" movement and proved ?a lot of naysayers wrong."

?It proves that rain can?t hold us back from sending our message out there and having our voices be heard. It proves that distance can?t do that. It proves that physical injury, physical exhaustion can?t do it ? and that ultimately, this isn?t some fad that?s starting to fade away at the end of 2011. This is just something that?s here to stay.?

Source: http://usnews.msnbc.msn.com/_news/2011/11/22/8955057-occupy-protesters-complete-new-york-to-dc-march

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SKorea flaunts firepower year after NKorean attack (AP)

YEONPYEONG ISLAND, South Korea ? South Korean attack helicopters screamed through the skies above the Koreas' disputed Yellow Sea waters Wednesday in a display of power exactly a year after North Korea launched a deadly artillery attack on a front-line island.

Residents of Yeonpyeong Island laid flowers at statues to commemorate the four South Koreans killed in the barrage and sent aloft a balloon carrying a banner with their portraits. On the mainland, Prime Minister Kim Hwang-sik joined families of the victims at the National Cemetery south of the capital for a solemn tribute on a cold, windy day.

Kim Yong-sub, a former marine who was stationed on Yeonpyeong during the attack, laid a flower at the cemetery in his friends' honor.

"I still think a lot about that day," he said.

Wednesday's drills involving aircraft, rocket launchers and artillery guns took place off Baengnyeong Island, another front-line territory near the disputed maritime border, and were meant to send a strong message to North Korean rivals stationed within sight just miles (kilometers) away.

The exercises represent far greater firepower than the South Korean military mounted last year in response to the artillery shells showered on military garrisons and fishing villages on nearby Yeonpyeong, Joint Chiefs of Staff spokesman Lee Bung-woo said.

"South Korea's government will never compromise, and will take firm measures when it comes to the safety and security of our people and the country," Prime Minister Kim said.

South Korea's delayed response to the shelling at the time ? the first on a civilian area since the three-year Korean War ended with a truce in 1953 ? drew heavy criticism and concern that Seoul was unprepared for a North Korean provocation. The defense minister resigned, and successor Kim Kwan-jin has pledged a fierce air strike if the North stages another attack.

Two construction workers and two marines were killed, dozens of homes decimated and scores evacuated to the mainland. Most islanders have returned but remain traumatized by the attack, which turned the tiny island's downtown into an inferno.

"I often become tense when something goes 'boom,'" said Yoo Dae-geun, 33, who runs a restaurant on the island. "Whenever there are military drills, we all cannot work and must take refuge in bomb shelters. So, we cannot have normal daily lives."

Pyongyang blamed Seoul for provoking the attack, saying it struck after warning the South not to carry out live-fire drills in waters both Koreas claim as their territory.

"The pursuit of continued military confrontation and war will eventually bring about the fate of devastation," North Korea's main Rodong Sinmun newspaper said Wednesday, again accusing South Korea of provoking the attack. North Korea's official government website called the plan to conduct drills "reckless."

North Korea disputes the maritime border drawn by the U.N. at the close of the war, and three deadly naval gunfights have taken place in the Yellow Sea waters since 1999. South Korea also holds North Korea responsible for the sinking of one of its warships in March last year; 46 sailors were killed. Pyongyang denies involvement.

In the past year, South Korea has spent millions of dollars to beef up its arsenal in the Yellow Sea, installing additional radars, setting up a separate defense command and deploying precision-guided rockets designed to take out North Korea's hidden coastal artillery.

However, there have been recent signs that animosities between the rival Koreas are easing, with diplomats seeking to resume North Korean nuclear disarmament talks.

South Korean President Lee Myung-bak told officers that he was sorry North Korea has not yet apologized for the shelling, according to the presidential Blue House. Lee paid a visit Wednesday to a military command that handles the defense of the Yellow Sea area.

He said he expects Pyongyang to apologize if North Korea wants to improve the relations between the two Koreas.

___

Associated Press writers Sam Kim and Hyung-jin Kim contributed to this report from Seoul, South Korea.

Source: http://us.rd.yahoo.com/dailynews/rss/nkorea/*http%3A//news.yahoo.com/s/ap/20111123/ap_on_re_as/as_koreas_clash

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Meredith Vieira Talks Family, Marriage and More in AARP The Magazine

Meredith Vieira & husband Richard M. Cohen are the December/January cover of the upcoming AARP The Magazine discussing how their family deals with Richard?s MS, their extraordinary marriage, family and more. Check out the interview highlights below: Matt Lauer on Meredith?s sense of teamwork ?Meredith likes to be part of an ensemble. She rises to [...]

Source: http://www.celebritymound.com/meredith-vieira-talks-family-marriage-and-more-in-aarp-the-magazine/?utm_source=rss&utm_medium=rss&utm_campaign=meredith-vieira-talks-family-marriage-and-more-in-aarp-the-magazine

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Wednesday, November 23, 2011

PMI Group files for Chapter 11 bankruptcy (AP)

WALNUT CREEK, Calif. ? Private mortgage insurer PMI Group Inc. is seeking shelter from creditors under the Chapter 11 bankruptcy code after the seizure of two of its subsidiaries by regulators in Arizona.

The company said Wednesday that it filed a petition for relief with the U.S. Bankruptcy Court in Delaware, but will continue operating as usual.

PMI intends to use bankruptcy protection to assess its options in light of the action taken by the Arizona Department of Insurance.

On Oct. 20, insurance regulators in Arizona seized PMI's main subsidiaries in the state, PMI Mortgage Insurance Co. and PMI Insurance Co., because the companies did not have enough money on hand to meet state requirements.

The state obtained an order from an Arizona Superior Court judge to take over the PMI subsidiaries. Shortly after, PMI said it would begin paying claims at just 50 percent.

PMI asked the court to vacate the state's takeover of the subsidiaries, but that motion was rejected Tuesday.

As part of its bankruptcy filing, PMI wants the court to appoint a receiver for the seized subsidiaries. A hearing has been set for Jan. 10.

The seizure of PMI's subsidiaries followed heavy losses at the company since the housing market bubble burst.

Private mortgage insurance protects lenders from losses if a homeowner defaults and the lender doesn't recoup costs through foreclosure. The insurance costs the borrower a monthly fee, typically a set percentage of the total mortgage loan.

Like other mortgage insurers, PMI has been able to sell profitable policies in recent years, but the gains from those sales hasn't outpaced losses from policies sold before the housing market collapsed. As flagging home prices have strapped borrowers, the company has had to pay more claims.

PMI said it had been in talks with Arizona's insurance regulators and policyholders over how to stabilize PMI Mortgage in order to maximize the claim payments when the state moved to seize the subsidiaries.

PMI noted it had sought to raise capital from new investors to enable a subsidiary of PMI Mortgage to serve as a platform to write new mortgage insurance nationwide.

Because its subsidiaries were seized, PMI decided pursuing a transaction to raise capital would be impractical now without bankruptcy protection.

Meanwhile, as a result of the bankruptcy filing, PMU's $685 million of senior unsecured notes and about $51.5 million of junior unsecured notes have become due. But PMI said bond holders' ability to enforce their rights under the notes has been halted because of the bankruptcy filing.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20111123/ap_on_bi_ge/us_pmi_group_bankruptcy

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Kathy Griffin?s Crush: Jesse Tyler Ferguson!

kathg1_wide.jpg
Jesse Tyler Ferguson?s boyfriend may need to watch out, because he has some steep competition! Never one to hold her tongue, Kathy Griffin couldn?t stop gushing about the adorable Modern Family actor at Out magazine?s Out100 event in New York. ?I have such a crush on him,? the fiery comedian said at the November 17 soiree. ?I?m such a fan of Jesse?s!?

Luckily for Kathy, things got hot and heavy between the two redheads on the set of their photo shoot for Out. ?I said, ?We?re both so pale and we?re gingers, we should take our clothes off.? And then I took my top off!? she recalled of her sexy session with Jesse, who is dating entrepreneur Justin Mikita. ?I really thought those pictures were just going to be for our fun. I think it?s funny that they went online and in the magazine!?

See more about Kathy and Jesse?s lovefest in the new issue of Out magazine.

Source: http://feedproxy.google.com/~r/InTouchWeekly/~3/QC9qXBd4ZHo/kathy_griffins_crush_jesse_tyl.php

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Must See HDTV (November 21st - 27th)

Doctor Who: The Complete Sixth Series
Both halves of the most recent edition of Doctor Who come to Blu-ray this week. Throw in the 2010 Christmas Special, a Doctor Who Confidential inside look for each episode, plus a few more exclusives and extras and it's generally a better option than buying the two parts individually. We're still not sure exactly where to rank the River Song story arc in the Doctor Who canon, but after long, long teases about what was going on the storyline finally wrapped up in a satisfying way at the end.
(November 22nd, $59.99 on Amazon)

The Walking Dead
Whoa, did something actually happen on this show last week? We're still rooting for Lori to be eaten by zombies (slowly) and if Daryl ever gets killed off we'll stop watching forever but this show has definitely raised our hopes as it comes to a midseason finale this week. Throw in the much more interesting evil Shane and a Glenn-centric storyline and we actually have reasons to watch beyond just gore-of-the-week trickery. Now, if we could just say the same for Hell on Wheels...
(November 27th, AMC, 9PM)

Punkin Chunkin 2011
Once you're stuffed full after a Thanksgiving feast, if you're not watching the brother vs. brother 49ers/Ravens NFL standoff, flip over to Discovery and witness the Punkin Chunkin 2011 competition, where "man meets machine meets mayhem", all hosted by the guys from Mythbusters. Taking place for the 26th year, this annual competition brings teams to a Delaware cornfield to see whose homemade contraption can throw a pumpkin the furthest. Admit it, you're intrigued.
(November 24th, Discovery, 8PM)

Continue reading Must See HDTV (November 21st - 27th)

Must See HDTV (November 21st - 27th) originally appeared on Engadget on Mon, 21 Nov 2011 18:16:00 EDT. Please see our terms for use of feeds.

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Tuesday, November 22, 2011

Nasa gets ready for Mars mission

Nasa is in final preparations for the launch of its latest rover mission to the Red Planet.

The Mars Science Laboratory (MSL) is the biggest, most capable robot ever built to land on another planet.

It is expected to lift off from Cape Canaveral Air Force Station, Florida, on Saturday.

Lift-off is actually a day later than originally planned, to give engineers time to replace a problem battery in the spacecraft's Atlas rocket.

The one-hour-and-43-minute launch window will now open at 10:02 local time (15:02 GMT). MSL's cruise to Mars should take eight-and-a-half months.

The rover will aim to touch down in an equatorial depression called Gale Crater, where it will use its suite of 10 instruments to assess whether the Red Planet has ever been habitable.

It is not a life-detection mission as such; the $2.5bn robot cannot identify microbes or even microbial fossils. But it can assess whether ancient conditions could have ever supported organisms.

This means Gale must show evidence for the past presence of water, a source of energy with which lifeforms could have metabolised, and a source of organic compounds with which those organisms could have built their structures.

Gale has been chosen as the landing site because satellite imagery has suggested it may well be one of the best places on Mars to look for these biological preconditions.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/science-environment-15821141

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Monday, November 21, 2011

Here's What Leonardo da Vinci's To-Do List Looked Like in 1490 [History]

Even the brilliant mind of Leonardo da Vinci needed to jot things down in a notebook so he could remember what he needed to do. The only difference, of course, is that da Vinci's to-do list was much more complex than ours. I mean, who needs to calculate the measurement of Milan and its suburbs and learn how to repair a lock, canal and mill? More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/TKEz7JzNGaQ/this-is-what-leonardo-da-vincis-to+do-list-looked-like-in-1490

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China says will "strengthen" yuan's trading: TV (Reuters)

SHANGHAI (Reuters) ? China will make the yuan more flexible in either direction and its recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.

Wen's comments underscored Beijing's intention to introduce two-way fluctuations in the yuan to dampen expectations that China's currency could only appreciate.

Pointing to recent bets in overseas markets that had caused the yuan to hit the bottom end of its trading band a number of times, Wen said such fall in the yuan "could not have been engineered."

"China will continue to closely monitor the yuan's trading movements ... and will strengthen yuan's trading flexibility in either direction," Wen was quoted as saying in an evening news bulletin on state broadcaster CCTV.

Chinese leaders have repeatedly rejected calls from the United States and other rich countries to allow faster yuan appreciation.

Analysts said China appears to have quietly adjusted its currency policy in response to the deepening euro zone debt crisis, slowing the yuan's steady appreciation while trying to nip speculation of yuan depreciation.

The balancing act comes as inflationary pressures come off the boil and economic growth slows in the world's second-largest economy, giving Beijing more room to fine-tune policy.

The central bank allows the yuan to rise or fall 0.5 percent from its daily mid-point. Some analysts believe that China may opt to widen the yuan's trading band only when upward pressures on the currency ease in line with a narrower trade surplus and lower capital inflows.

(Reporting by Fayen Wong)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20111119/bs_nm/us_china_yuan

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Sunday, November 20, 2011

UN bashing is popular among Republican candidates

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at the Greater Manchester Chamber of Commerce, Friday, Nov. 18, 2011 in Manchester, N.H. Romney is campaigning in anticipation of the nation's earliest presidential primary, which is less than two months away. (AP Photo/Jim Cole)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at the Greater Manchester Chamber of Commerce, Friday, Nov. 18, 2011 in Manchester, N.H. Romney is campaigning in anticipation of the nation's earliest presidential primary, which is less than two months away. (AP Photo/Jim Cole)

Former House Speaker, Republican presidential candidate Newt Gingrich gestures during a visit to the John F. Kennedy School of Government at Harvard University in Cambridge, Mass., Friday, Nov. 18, 2011. (AP Photo/Charles Krupa)

Republican presidential candidate Texas Gov. Rick Perry speaks to a gathering of law enforcement officials, Friday, Nov. 18, 2011 in New York. Perry was given the State Service Award at the 21st annual Federal Law Enforcement Foundation Luncheon. (AP Photo/Henny Ray Abrams)

FILE - In this Nov. 17, 2011 file photo, Republican presidential candidate, businessman Herman Cain speaks during a rally with supporters in Nashua, N.H. Herman Cain suggested Friday, Nov. 18, 2011 that the Taliban were playing a role in Libya's new government, adding another foreign policy misstep to his stumbling presidential campaign. (AP Photo/Jim Cole, File)

U.N. Secretary General ban Ki-moon speaks during a press conference at the East Asia Summit in Nusa Dua, Bali, Indonesia, Saturday, Nov. 19, 2011. (AP Photo/Dita Alangkara)

(AP) ? Bashing the United Nations seldom fails as an applause line for Republican presidential candidates.

Mitt Romney says the U.N. too often becomes a forum for tyrants when it should promote democracy and human rights. Newt Gingrich pledges to take on the U.N.'s "absurdities." Herman Cain says he would change some of its rules. Rick Perry says he would consider pulling the United States out of the U.N. altogether.

All that U.N. bashing has raised questions about whether a Republican victory could strain the relationship between the United Nations and its host country, the United States.

President Barack Obama's Democratic administration considers the U.N. critical to the country's interests, while Republicans traditionally have been disenchanted with the world body over America's inability to reliably win support for its positions. It doesn't help that U.N. members often criticize American policies, especially as they relate to Israel and the Palestinians.

That was reinforced last month when the U.N. cultural agency voted to approve a Palestinian bid for full membership in that body, and the U.S. responded by cutting off funding.

Yet history shows that any American president learns to get along with the United Nations "simply because there's a lot of stuff the U.N. does that is useful to the United States," said David Bosco, who writes the Multilateralist blog for Foreign Policy magazine.

Case in point: Even the harshest American critics were silent earlier this month when the U.N.'s nuclear watchdog concluded that Iran was probably developing nuclear arms.

Bosco, also an assistant professor at American University's School of International Service, noted that the Republican administration of George W. Bush supported a major expansion in U.N. peacekeeping despite regular sniping about the world body.

But the relationship wasn't a smooth one. Tensions ran high between the U.S. and the world body during the Bush presidency, especially when outspoken John Bolton was the U.S. ambassador.

U.N. officials have declined to comment on the possibility that a Republican win could strain the United Nations' relationship with the U.S.

"The United States is an important state at the United Nations and we would expect that relationship would continue under any administration," said Martin Nesirky, spokesman for U.N. Secretary-General Ban Ki-moon.

The presidential race has been dominated by the economy and other domestic issues, but foreign affairs are taking on greater importance and will be the subject of a debate by the Republican candidates Tuesday, giving them another chance to air their views on the U.N.

Cain says he has read and admires Bolton's foreign policy views, which are highly critical of the United Nations. But the former ambassador to the U.N. said Friday he has not endorsed any of the candidates.

One of the loudest U.N. critics among the candidates is Perry, the Texas governor who has recently slipped in the polls. "I think it's time for us to have a very serious discussion about defunding the United Nations," he declared in October.

Romney, a former Massachusetts governor, said in 2007 that U.N. failures were "simply astonishing," but he has been more measured during the current campaign.

U.N. supporters say that when the candidates bash the world organization, they are simply playing to the most conservative Republicans: the primary voters and caucus-goers needed early in the electoral contest.

"My sense is that if any of them were to be elected president, they would quickly realize that the U.N. serves American interests," said Peter Yeo, vice president for public policy of the U.N. Foundation, a nonprofit organization that supports the world body's work.

"They would find a way to constructively work within the U.N. system," Yeo added.

Detractors say that the candidates are just being truthful.

"I wouldn't call it U.N. bashing; I'd call it U.N. realism," said Bolton. "I think the issue for the United States is what to do to make the U.N. more effective, and the answer to that has to lie in how it is funded."

Contributions to the U.N.'s regular budget are assessed on a scale based primarily on a country's ability to pay. Additional contributions to U.N. entities such as the children's agency UNICEF are voluntary.

The U.S. assessment is the highest ? 22 percent of the total U.N. operating budget. By comparison, China pays 3 percent.

In the 2010 budget year, the U.S. provided $7.7 billion to the U.N. for its regular budget, peacekeeping and other programs, up from $6.1 billion the previous year.

House Republicans recently introduced legislation to force the U.N. to adopt a voluntary funding system. The administration opposes it and it is unlikely to become law.

___

Online:

U.N. Foundation: http://www.unfoundation.org

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2011-11-19-UN-Republican%20Candidates/id-0cd3868faac24e21908ce9c0bb0ed5b6

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Saturday, November 19, 2011

How Legionnaires' bacteria proliferate, cause disease

ScienceDaily (Nov. 17, 2011) ? A University of Louisville scientist has determined for the first time how the bacterium that causes Legionnaires' disease manipulates our cells to generate the amino acids it needs to grow and cause infection and inflammation in the lungs.

The results are published online on Nov. 17 in Science.

Yousef Abu Kwaik, Ph.D., the Bumgardner Endowed Professor in Molecular Pathogenesis of Microbial Infections at UofL, and his team believe their work could help lead to development of new antibiotics and vaccines.

"It is possible that the process we have identified presents a great target for new research in antibiotic and vaccine candidates, not only for Legionnaires' disease but in other bacteria that cause illness," he said.

According to the Centers for Disease Control and Prevention, Legionnaires' disease is a lung infection caused by the bacterium called Legionella. The bacterium got its name in 1976, when many people who went to a Philadelphia convention of the American Legion suffered from an outbreak of pneumonia of unknown causes that was later determined to be caused by the bacterium. Each year, between 8,000 and 18,000 people are hospitalized with Legionnaires' disease in the U.S. There is no vaccine currently available for it.

For two years, the researchers examined Legionella which is an intracellular bacterium that exists in amoebae in the water systems; it is transmitted to humans through inhalation of water droplets. Cooling towers and whirlpools are the major sources of transmission. The bacterium uses the amoeba's cellular process to "tag" proteins, causing them to degrade into their basic elements of amino acids. These amino acids are used by the bacteria as the main source of energy to grow and cause disease.

"The bacteria live on an 'Atkins diet' of low carbs and high protein, and they trick the host cell to provide that specialized diet," Abu Kwaik said.

The same process occurs in a host -- animal or human -- who inhales the bacterium and is diagnosed with Legionnaires' disease. However, the bacteria do not tag the proteins, but rather trick the host into tagging the proteins for degradation to generate the amino acids.

In the laboratory, Abu Kwaik and his team saw that by inactivating the bacterial virulence factor responsible for tricking the cell into tagging proteins for degradation in mice models, the pulmonary disease was totally prevented. This was totally due to disabling the bacteria from generating amino acids, he said.

The process was then reversed, and the disease became evident when the mice, infected by the disabled bacteria, were injected with amino acids to compensate for the inability of the altered bacteria.

"Bacteria need to live on high protein and amino acids as sources of nutrition and energy in order to replicate in a host. This is what causes pulmonary disease," Abu Kwaik said. "No one has known how they generate sufficient sources of nutrients from the host to proliferate. Our work is the first to identify this process for any bacteria that cause disease."

He added that the type of host infected does not appear to affect the process. "Whether in a single-cell amoeba or a multi-cellular mammal, Legionella seems to know what to do; the process is the same, and is highly conserved through evolution. By interfering with the bacterium's sources of nutrients, we can stop it from thriving and causing disease."

Examining nutrient sources for organisms with the goal of stopping them from acquiring nutrients is a relatively new arena of basic research that deserves further study, he said. "We went after the basics -- the food and energy source -- which are prerequisite for the bacteria to grow and cause disease. It is not a process that is well understood yet, but by first discovering how an organism gets nutrients by tricking the host into degrading proteins, and then interfering with that process, we can, in effect, starve it to death and prevent or treat the disease."

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The above story is reprinted from materials provided by University of Louisville.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Christopher T. D. Price, Tasneem Al-Quadan, Marina Santic, Ilan Rosenshine, and Yousef Abu Kwaik. Host Proteasomal Degradation Generates Amino Acids Essential for Intracellular Bacterial Growth. Science, 17 November 2011 DOI: 10.1126/science.1212868

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2011/11/111117163701.htm

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Why can't Pakistan clear its terrorist safe havens? Envoy explains. (video) (The Christian Science Monitor)

Washington ? Pakistan, following its own national security interests, will resist US pressure to launch a military campaign against terrorist groups in its North Waziristan region that target US forces in neighboring Afghanistan.

And in the absence of a full-scale Pakistani assault, the US will continue to target militants in North Waziristan with drone strikes ? as it did this week, killing at least seven suspected terrorists.

The result of this arrangement between Pakistan and the United States, which doesn???t fully satisfy either side, is that tensions between two partners that have soared to new heights this year are likely to continue.

IN PICTURES ? Drones: America's unmanned predators

That scenario, as unsatisfactory as it may be to both Pakistan and the US, looks to be around for a while, based on an assessment of US-Pakistani relations by Pakistan?s ambassador to the US, Husain Haqqani.

?I think both sides understand the other?s positions,? Pakistan?s chief diplomat in Washington said as he fielded journalists? questions at a Monitor breakfast Wednesday. ?We are moving ahead in ways that American lives won?t be put at risk in Afghanistan, and that ensure Pakistan is able to maintain its interests.?

But Ambassador Haqqani also reiterated Pakistan?s insistence that the military, which officials say is stretched thin fighting militants elsewhere, won?t launch the kind of assault in North Waziristan that it has in South Waziristan and in the Swat Valley. 

Secretary of State Hillary Rodham Clinton made a surprise trip to Islamabad last month, during which she laid out a ?time to get with the program? message on the need for Pakistan to take on the militant groups it has harbored and in some cases nurtured.

A focus of that message was the Haqqani network based in North Waziristan, a group involved in attacks on US forces in neighboring Afghanistan.

But Haqqani said Wednesday that US officials now understand better Pakistan?s internal constraints in confronting some groups. He listed two red lines that Pakistan has laid down with the US concerning what it will and won?t do in the battle with terrorism: Pakistan won?t act in ways that involve ?taking risks with our own internal cohesion,? he said, or that would pose ?risks to our own national security.?

The down side of that approach for Pakistan is that it virtually guarantees that the strikes by unmanned US drones will continue and even increase. Suspected US drones struck just before midnight Tuesday in South Waziristan, killing 16 suspected militants, Pakistani intelligence officials were quoted as saying Wednesday.

Haqqani repeated Pakistan?s public position that the drone strikes are a violation of Pakistani sovereignty, and that they contribute to America?s poor image in the country ? a problem he said actually boosts militants? recruiting efforts.

?We have always let be known our opposition to the American strikes,? he said, adding that the issue is also not one that ?we want to bring into open debate.? But he noted that even American officials have questioned the use of drones to hit suspected militants, wondering if over the longer term ?we are creating more rather than less bad guys.?

Pakistan has continued to receive billions of dollars a year in American military and civilian development assistance despite a perception in the US that Pakistan is working against US interests. That sentiment has led a number of US officials and others ??? most recently several Republican presidential candidates ??? to question the wisdom of continuing the aid.

Haqqani said the US needs to consider that the aid it offers Pakistan works in America?s interest. ?From your country?s perspective, [aid] makes sense,? he said, noting specifically that high-profile efforts like recent assistance to earthquake and flood victims in Pakistan ?win hearts and minds.?

But he also acknowledged that the effort to improve America?s image has a long way to go, noting that a recent Pew Research Center survey found a meager 12 percent of Pakistanis have a positive view of the US. The dislike appears to be mutual: Haqqani noted that another recent survey from Rasmussen found that 40 percent of Americans consider Pakistan to be America?s ?enemy.?

In any case, Haqqani said that Pakistan, while it appreciates the aid it receives, is more interested in building a relationship with the US based on trade and mutual strategic interests ??? something closer, in other words, to what the US is developing with Pakistan???s regional rival, India.

That may be the goal, but even given the somewhat-varnished tableau Haqqani painted of US-Pakistan relations, the two uneasy partners seem unlikely to get there any time soon.

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RELATED US cuts aid to Pakistan: Six key questions

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Source: http://us.rd.yahoo.com/dailynews/rss/terrorism/*http%3A//news.yahoo.com/s/csm/20111116/ts_csm/425504

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Friday, November 18, 2011

Oil price falls to near $100 a barrel (AP)

NEW YORK ? Oil prices are down ? though still above $100 per barrel ? as anxiety over European debt swings from Italy to Spain.

Benchmark crude on Thursday lost $2.24, or 2.2 percent, at $100.35 per barrel in New York. Oil crossed the $100 mark for the first time since July on Wednesday.

Europe is struggling with massive government debts and could be headed for recession. Investors are concerned that a wave of bank failures is on the way. That would curtail spending in the eurozone and cut energy demand.

While new leadership in Greece and Italy work to deal with the crisis, the focus is now on Spain, where interest rates on bonds have soared to the highest point since 1997. The government has to dangle those high rates to get investors to buy bonds that could be very risky. Italian and French bond yields also are rising.

The economic news was more encouraging in the U.S. The government said the number of people seeking unemployment benefits fell last week to the lowest level since April, suggesting that layoffs are easing.

Gasoline prices slipped another penny to $3.39 per gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular has lost 59 cents since its 2011 peak near $4 per gallon in May. It's still 50 cents higher than the same time last year.

In other energy trading, natural gas prices jumped 9.8 cents, or 2.9 percent, to $3.442 per 1,000 cubic feet after the Energy Information Administration reported that U.S. stockpiles grew less than expected last week. Heating oil fell 4 cents to $3.0957 per gallon and gasoline futures fell 8 cents to $2.5511 per gallon.

Brent crude, which is used to price oil produced in foreign countries, fell $2.27 to $109.24 in London.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20111117/ap_on_bi_ge/oil_prices

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