Thursday, June 14, 2012

Obama doesn't emphasize issues he fought hard for

PHILADELPHIA (AP) ? Fighting for re-election, President Barack Obama is playing down his historic health care overhaul and the multibillion-dollar recession-fighting stimulus ? two landmark efforts of his first three years in office. Those signature policies are unpopular, and voters clearly want the candidates to focus instead on jobs.

Dealing with a slow-moving economy, Obama is imploring voters to stick with him through tough times while promising that better days lie ahead ? with him, not Republican foe Mitt Romney. The selling of Obama's first term, however, isn't so simple.

The president can't tell voters about a grand economic comeback story because there isn't one to tell. In foreign affairs, he can't declare outright victory in Iraq and Afghanistan so he promotes the ending of a "decade under the dark cloud of war." Health care reform, his most prominent legislative achievement, is unpopular with many voters and could be struck down by the Supreme Court this month.

Obama's re-election slogan ? "Forward" ? aims to fit the times, offering a sober assessment of a nation trying to turn the page from war and economic turmoil under his watch while implying that Republican Romney would take the country backward.

The president offers a steady drumbeat about a "make-or-break moment" for the middle class and creating a country "where everybody gets a fair shot and everybody is doing their fair share."

Speaking at a fundraiser in Philadelphia's Franklin Institute, Obama said Republicans have a dearth of ideas and will offer the same economic prescriptions that preceded the most recent recession.

"It will be the same stuff, the same okey doke," he said.

He added that Americans are resilient and that the country will recover.

"It turns out Americans are tougher than any tough times," he said. "All across the country, people made tough decisions but they were determined to move forward because Americans, we don't quit."

Romney says the problem isn't with the American people, it's with Obama. He calls the president's policies "muddled, confused and simply ineffective."

"The American people are having such a hard time. That's why the idea of selecting as a campaign slogan 'Forward' is so absurd," Romney said Tuesday on Fox News' "Fox and Friends." ''People are having hard times in this country, and the president needs to go out and talk to people. Not just do fundraisers."

Both Romney and Obama do plenty of fundraisings, building for the summer and fall campaign.

Obama was headlining six fundraisers Tuesday in Maryland and Pennsylvania, where he was expected to raise at least $3.6 million. The president told supporters in Maryland that the GOP is simply blaming him for the country's woes.

"You can pretty much put their campaign on a tweet and have some characters to spare," he said of the social networking site's 140-character limit.

Democrats both inside and out of the campaign say their best bet is to run a "choice" election against Romney and try to meld the former Massachusetts governor with an unpopular Congress, all the while maintaining a focus on pocketbook issues important to the middle class.

Obama's advertising has given an overview of his first term, focusing on the rescue of the auto industry, the death of Osama bin Laden and the return of many of America's troops from overseas. He has aired separate ads on his administration's attention to veterans and efforts to crack down on Medicare fraud on behalf of seniors.

But many of the major pieces of Obama's first-term record get scant attention in ads, reflecting mixed reviews from the public after Republicans pinned the labels "job-killing" and "big government" on the health care plan and said the stimulus spending increased the federal deficit.

On health care, a recent CBS-New York Times poll found that 41 percent of Americans think the Supreme Court should overturn the entire 2010 overhaul. Some 27 percent think the justices should remove the individual mandate that requires individuals to have health insurance and fine them if they don't, and 24 percent think the law should remain in place.

The public has remained divided over Obama's $830 billion stimulus bill, even as the administration has said it accounted for millions of jobs.

An ABC News/Washington Post poll in May found that 47 percent approve of the stimulus legislation and 48 percent disapprove while 5 percent had no opinion. The poll found that 50 percent favored the Obama administration's increased regulations of financial institutions while 44 percent viewed them unfavorably.

Obama's quest for a second term is punctuated with images of a resilient America. His television ads show U.S. auto workers whose jobs are said to have been saved by the bailing out of General Motors and Chrysler. There also are children jumping into the arms of soldiers who made it home from war, and night-vision shots of the servicemen who killed bin Laden.

At the same time, Obama's campaign tries to discredit Romney's claim to be an economic maestro, casting him as a political version of the movies' Gordon Gekko. Out-of-work steel workers liken Romney's former private equity firm, Bain Capital, to blood-sucking vampires. Another ad tells of a Massachusetts under Governor Romney that saw tepid job growth, more debt and the outsourcing of jobs to India, the cold-hearted decisions of an uncaring corporate culture.

On his own record, Obama does talk up what he says are the benefits of the sweeping health care bill on occasion, particularly to donors, telling them it allowed millions of young people to be on their parents' insurance and millions of seniors to have lower prescription drug costs.

On the recession-fighting spending, the president rarely uses the term "stimulus," instead referring to the nation's economic system being built on a "house of cards" that collapsed in 2008 and forced his administration to take bold steps.

A seven-minute Web video produced by his campaign, entitled "Forward," says the economic stimulus "saved up to 4.2 million jobs" and says Obama "took on the Wall Street banks" to push reforms to ensure that bankers "never again wreck our economy."

The video also mentions Obama's work to pass "historic health reform" that bars insurance companies from denying coverage for children with pre-existing conditions, helps seniors pay less for prescriptions and provides contraception coverage.

"And by 2016, 32 million more Americans will have health coverage," the video says, neglecting to mention the role the Supreme Court could play in the law's future.

But the health overhaul isn't the campaign's focus.

"This has to be all about the middle class and the economy," said Paul Begala, a Democratic strategist and adviser to Priorities USA Action, a Democratic super PAC.

That still leaves plenty of uncertainties. If the European debt crisis craters and the trajectory of the economy heads in the wrong direction during the summer, all bets could be off.

"There's nothing we can do about the economy," said Dick Harpootlian, a Columbia, S.C., attorney and chairman of the state's Democratic Party. "(German) Chancellor (Angela) Merkel has more to do with that piece of the campaign than anybody else."

aipac

Wednesday, June 13, 2012

'Goodfellas' ex-mobster Henry Hill dead at 69

By Kimberly Nordyke, The Hollywood Reporter

AP, Warner Bros.

Henry Hill and Ray Liotta (in "Goodfellas.")

Henry Hill, a former mobster-turned-FBI informant whose life became the basis for Martin Scorsese's 1990 movie "Goodfellas," died Tuesday in a L.A.?hospital after a long battle with an undisclosed illness, his girlfriend, Lisa, told TMZ. He was 69.

"He had been sick for a long time," she said. "His heart gave out."

PHOTOS: 11 biggest book-to-screen adaptations of the last 25 years

Hill, a onetime associate of the Lucchese crime family in New York, was involved in such criminal acts as the Lufthansa heist at John F. Kennedy International Airport in December 1978, during which a then-record $5 million as well as $875,000 in jewels were stolen.

The robbery became the subject of two television films and also played a role in "Goodfellas."

Hill's life was later documented in crime reporter Nicholas Pileggi's 1986 nonfiction book "Wiseguy," which became the basis for "Goodfellas." Ray Liotta portrayed Hill in the movie, which was nominated for a slew of Oscars, including best picture.

PHOTOS: Hollywood's notable deaths of 2012

Hill later turned into an FBI informant and spent several years under witness protection but was kicked out of the program for committing various crimes.

In more recent years, he became a frequent guest on "The Howard Stern Show," marketed his own spaghetti sauce and opened a restaurant called Wiseguys.

In August, he appeared in an AMC special where he discussed such mob-themed movies as "Goodfellas" and "The Godfather" with other former mobsters. The cable network also is developing a "Goodfellas" TV series.

What's your favorite scene from "Goodfellas"? Tell us on Facebook?and follow us on Pinterest!

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Good news on using recycled sewage treatment plant water for irrigating crops

ScienceDaily (June 13, 2012) ? A new study eases concerns that irrigating crops with water released from sewage treatment plants -- an increasingly common practice in arid areas of the world -- fosters emergence of the antibiotic-resistant bacteria that cause thousands of serious infections each year. The research appears in ACS' journal Environmental Science & Technology.

Eddie Cytryn and colleagues explain that a large fraction of antibiotics given to people or animals pass out of the body unchanged in the urine and are transferred via sewage systems to wastewater treatment facilities. These facilities do not completely remove common antibiotics like tetracycline, erythromycin, sulfonamide and ciprofloxacin and may actually enhance the abundance of antibiotic-resistant bacteria and antibiotic-resistance genes.

Previous studies have suggested that wastewater effluents can expand natural reservoirs of antibiotic resistance, which may contribute to clinically associated antibiotic resistance. Arid and semi-arid areas of the world are plagued by severe water shortages, which are expected to increase as a result of growing population and global climate change. As a result, more areas are turning to treated wastewater (TWW) to irrigate croplands. In Israel, for instance, TWW provides more than half of the water used for irrigation. The researchers wanted to find out if long-term irrigation with treated wastewater enhances antibiotic resistance in soil microbial communities, which could potentially be transferred through agricultural produce to clinically relevant bacteria.

The authors found that levels of antibiotic-resistant bacteria and genes for antibiotic resistance in fields and orchards irrigated with freshwater and TWW were essentially identical, suggesting that antibiotic-resistant bacteria that enter soil by irrigation are not able to survive or compete in that environment. The authors say there is "cause for cautious optimism" that irrigating with TWW is not increasing the prevalence of bacteria resistant to the antibiotics they studied.

The authors acknowledge funding from the Israeli Ministry of Agriculture and Rural Development and the Environmental Health Fund.

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The above story is reprinted from materials provided by American Chemical Society.

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


Journal Reference:

  1. Yael Negreanu, Zohar Pasternak, Edouard Jurkevitch, Eddie Cytryn. Impact of Treated Wastewater Irrigation on Antibiotic Resistance in Agricultural Soils. Environmental Science & Technology, 2012; 46 (9): 4800 DOI: 10.1021/es204665b

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

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

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Friday, June 8, 2012

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[&] I?ve changed my mind about purchasing Pacquiao-Bradley after watching the 24/7 episodes

By Chris?Williams: After watching the first two Pacquiao/Bradley 24/7 episodes on HBO, they?ve convinced me not to waste my money on purchasing the Manny Pacquiao vs. Tim Bradley fight on pay-per-view on June 9th and instead save my money to use it on better things. I hate to say it but the Pacquia-Bradley 24/7 episodes have been so bad that I don?t even want to watch the fight anymore if I have to pay.

Neither?of these guys are interesting me and watching them on television in the 24/7 episodes is about as interesting as watching paint dry. I?m really thankful that their promoter Bob Arum had HBO make a Pacquiao-Bradley 24/7 series because if I hadn?t seen it and noted how boring these guys are, I?d have probably went blew the $59.95 on watching this fight. But thank god I saw the first two episodes, noted how dull they were and changed my mind.

Bradley isn?t really?boring per say, it?s just that whoever is the one responsible for producing the 24/7 episodes, is wasting film by taping Bradley while he drones on about his family and childhood. If I was in charge, that stuff wouldn?t even had made it on film.

There would?be little editing because I would shut down the tape each time Bradley started with the family bit or his tough childhood. And with Pacquiao, as soon he picks up his guitar, the tape is turning off. Or if he brings up religion, forget it, the tape is being turned off. None of the preaching stuff would make it on film. If that?s all Pacquiao does each time the camera is pointed at him, then I?d use Alex Ariza and Buboy to take over the series. I couldn?t let Roach do it because he?d probably be gloating too much and bragging. We don?t need none of that.

[&] Roach: A knockout will come for Pacquiao against Bradley?:-

By Chris Williams:?Freddie Roach continues with his tradition of predicting knockouts for his fighter Manny Pacquiao for his fight against Tim Bradley on June 9th. It?s like a tradition with Roach like Thanksgiving. He?s always predicting knockouts for his fighter, and with each fight that goes by without Pacquiao getting a knockout, Roach is looking sillier and sillier.

Pacquiao has?knocked anyone out for three years, but that doesn?t stop Roach from still predicting them. He just keeps plugging along, predicting KO no matter what, and usually early knockouts. I knew Roach had no clue what he was talking about when Pacquiao fought Joshua Clottey, and even against him, Roach was predicting a knockout. Of course it didn?t happen, and it was silly to make such a prediction in the first place anyway because how hard it is to hit Clottey cleanly due to his high guard.
Roach told the Sports.inquirer.net ?Somewhere along the way the knockout will come. He?s [Bradley] never been a puncher and he?ll never be one. Punchers are born not made. He is so slow and Manny is so fast. It?s going to be night and day.?

Well, that sounds?interesting but there?s one problem with that. Bradley is faster than Pacquiao?s last opponent Juan Manuel Marquez, and he fought well enough to deserve a decision. He didn?t get one but boxing fans pretty much unanimously saw Marquez winning the fight. If a slow fighter like Marquez was able to dominate Pacquiao, then what do you think will happen when a faster, younger fighter like Bradley faces him? He?ll do the same thing that Marquez did, but he?ll do a better job at it.

Roach just needs?to stop making KO predictions because he?s obviously living in the past when Pacquiao was fighting old guys like Oscar De La Hoya, and weight drained and defensively wide open fighters like Ricky Hatton and Miguel Cotto. Knocking those guys out isn?t a big deal, because they?re so badly flawed. But you can?t expect Pacquiao to do that against a quality fighter like Bradley.

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In China, 1 in 10 TB cases are drug-resistant

BEIJING (AP) ? One in 10 cases of tuberculosis in China cannot be treated by the most commonly-used drugs, driven by a lack of testing and misuse of medicine, according to a national survey that showed for the first time the size of the drug-resistant epidemic.

Researchers say the findings from the 2007 survey on drug-resistant TB, published Thursday in the New England Journal of Medicine, show that the government must invest more in public health services to better diagnose drug-resistant strains of the killer lung disease. Hospitals must also be prevented from routinely misusing drugs that worsen the problem, they say.

"For the first time, we have a representative, national survey of this problem in China. It shows that this is pretty serious," said Dr. Daniel Chin, a TB expert at the Bill & Melinda Gates Foundation in Beijing who is one of the study's authors. "One in 10, by any standard globally, would be pretty high."

The proportion of drug-resistant TB found in the survey was in line with previous estimates that were based on provincial studies, the researchers said. While the survey was done in 2007, the researchers said it took time to culture and test samples from each patient.

The ancient and treatable lung disease is caused by germs that spread when a person with active TB coughs, sneezes or speaks. It has in recent years evolved into stronger forms: drug-resistant TB, which does not respond to two top drugs, and extensively drug-resistant TB, which is virtually untreatable. A handful of what's been unofficially dubbed 'totally drug-resistant' cases have also been identified, most recently in India.

TB is usually cured in six to nine months with a mixture of four antibiotics, but if that treatment is interrupted or the dose reduced, the bacteria mutate into a tougher strain that can no longer be killed by standard drugs. The drug-resistant form takes up to two years and thousands of dollars to treat.

The survey conducted by the Chinese Center for Disease Control and Prevention, or China CDC, also showed that 8 percent of patients with drug-resistant TB were actually extensively drug-resistant cases. The survey's researchers tested 4,000 TB patients recruited through local TB clinics over nine months.

In 2007, an estimated 110,000 cases of drug-resistant TB and 8,200 extensively drug-resistant cases developed, making it the largest annual number of new drug-resistant cases in the world, the study said.

"This is a very grave situation because we don't have any new drugs to treat the patients with," said Dr. Wang Yu, director of the China CDC and another author of the study. "It is a problem that the whole world is facing... and over time, it will only increase."

The urgent need for new TB treatments has prompted drugmakers to open their research vaults and labs to scientists, and a number of new candidates are being developed.

In the past decade, China made marked progress in fighting tuberculosis, which until recent years was the most fatal infectious disease. But many state-run TB facilities still don't have the resources to test patients for drug-resistant strains in order to give them the right drugs, and many are also unable to track every patient to ensure that drug regimens are closely followed.

The survey also showed that patients who were last treated in a tuberculosis hospital were 13 times as likely to have drug-resistant TB as those who had been treated elsewhere. They likely became infected in the hospitals or were given the wrong drugs. The overuse and misuse of antibiotics is very common in China because it is a way for underfunded hospitals to boost revenue through drug sales.

"The hospital is clearly a major culprit in this, even what we call tuberculosis hospitals which are supposed to be specialized in the treatment of drug-resistant TB, they are actually perhaps, as this study has implicated, contributing to drug-resistant TB," said Chin, who is also deputy director of programs at the Gates Foundation in China.

China's rate of drug-resistant TB cases is lower than in some Eastern European countries, but the absolute number of cases, given the country's large population, is high ? similar to that of India, said Dr. Fabio Scano, World Health Organization's Stop TB officer in Beijing, who was not involved in the study.

___

Follow Gillian Wong on Twitter at http://twitter.com/gillianwong

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Thursday, June 7, 2012

Layoffs: Wall Street's answer to poor stock markets?

The industry that America loves to hate or envy may have a tough summer ahead of it, especially for the highest paid executives.

Reports indicate Wall Street firms are far from recovering the numbers lost during the financial crisis and may impose additional layoffs this summer or in coming months.

Due to uncertainty from the European fiscal crisis, the stock market has seen much of its gains from the year disappear.

Goldman Sachs and Morgan Stanley may lay off workers in the coming weeks as the European financial crisis continues to affect U.S. markets, the New York Post reported.

Though the Dow Jones Industrial Average closed up 0.22 percent on Tuesday to 12,128, the index had four prior days of declines as world leaders discussed the possibility that Spain and Cyprus will need financial aid.

Brian Foley, pay consultant and managing director of Brian Foley & Co. in White Plains, N.Y. said the recent reports of 50 layoffs at Goldman and 100 at Morgan Stanley, "if true, are certainly very tough on those laid off, but they are too small at present to make for a broad significant new downturn by themselves, given the size of the firms in question."

Morgan Stanley, which has about 62,000 employees, already cut its staff by 2,935 in the year that ended on March 31.

Mary Claire Delaney, spokeswoman for Morgan Stanley, declined to comment.

Goldman Sachs reportedly laid off 50 employees last week, many of whom were managing directors who make a base of $500,000 and receive an annual bonus, the New York Times reported. Goldman Sachs reported it had 33,300 employees, including consultants and temporary staff, at the end of 2011.

Goldman Sachs, Citigroup and Barclays Capital did not return requests for comment.

At this stage, Foley said layoffs "will continue to generally be done on an "opportunistic" basis here and there" in "smaller lower-profile waves," with some exceptions.

Brad Hintz, research analyst with Sanford C. Bernstein & Co., said to reduce costs "the Street" does not have to shed large numbers of employees; "just highly paid employees."

The percent of managing directors in fixed income trading, Wall Street's most highly paid employees, is declining to 10 percent of total head count from 20 percent, Hintz said.

Hintz said it's not only concerns about Europe's debt crisis, but regulatory changes that lead is leading to uncertainty and the possibility of further job cuts.

In particular, firms are re-sizing certain trading units and staff groups that support their fixed income businesses, he said. Banks must adjust to higher capital charges and having lower leverage as a result of Basel III regulatory standards.

Another reason for banks' headcount changes are "massive changes in market making" associated with the Volcker rule, the impending Dodd-Frank Act regulation that prohibits banks from making risky trades with their own capital.

The competition may be even tighter this year for finance professionals, though 59.9 percent of 500 financial services jobseekers said they were optimistic about job market conditions in a survey published on May 8. Just eight months prior to that, only 32.4 percent of respondents were optimistic.

Brinn McCagg, chief operating officer of OneWire.com, an online job recruitment tool, said the survey results may lean less optimistic after Friday's jobs report which showed the unemployment rate increased to 8.2 percent. But he said applicants' sentiment will not swing as far as it did eight months ago.

"Even if there are layoffs at bigger firms, we are seeing a resurgence of growth at smaller firms hiring that are more agile and out of the regulatory limelight," McCagg said. "That may be part of the driver of the optimism."

Depending on U.S. market conditions and the European crisis, the bigger story this year "may well be on how and how well ongoing employees are ultimately paid for 2012 vs. 2011," Foley said.

In Goldman Sachs' 2011 annual report released this year, the company gloats about how many job applicants pine away for positions at the company, saying almost 300,000 people applied for full-time positions at the financial company for 2010 and 2011. The company said it hired less than 4 percent of those applicants, and nearly nine out of ten people accepted a job offer.

The fact that companies are either stalling the timing of compensation or cutting back on bonuses altogether may place some finance job applicants on heightened alert.

Recruiting firm, The Options Group, reported on Tuesday that 45 to 60 percent of those financial professionals who received $1 million had deferred compensation in 2011. For those who earned $3 million, 75 to 80 percent of total compensation was deferred.

The Options Group also found that approximately 14 percent of financial services professionals reported receiving no bonus in 2011 compared to 6 percent who received no bonus last year.

"Similar to 2008, the firms that are in the strongest position are opportunistically hiring away the most talented professionals from competitors," Mike Karp, managing partner at The Options Group, said. "Without proprietary trading to support bank revenue growth in the U.S., banks have been focused on hiring professionals that can drive revenues through increasing market share."

Options Group also found 40 to 50 percent of bank professionals reported receiving less compensation in 2011. Of those that reported receiving compensation increases, most were vice president-level or below.

"All indicators have been signaling that the markets will continue to be very challenging," Karp said. "This is one year where I have personally seen banks and hedge funds that don't have to guarantee bonuses. People are joining with salaries and a leap of faith."

Karp said summer may be an ideal time for layoffs when both employers and employees use the mid-year to reflect on the second quarter, the health of a business and personal careers.

"If I was a life coach, I would say if this happens it's a good time to evaluate life. A lot of people choose not to be in financial services," he said. "It's a good time to diversify your career, especially in your 40s, versus in your 30s."

"Back in the day, when we were kids," Karp, 44, said, "we would see guys who were 47 and think they're reaching the end of their career, but now you can reinvent yourself at 45 or 50."

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Alaska bore tide draws surfers, viewers

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Romney team: Authorities probe possible hacking

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures during a campaign stop at Southwest Office Systems, Tuesday, June 5, 2012, in Fort Worth, Texas. (AP Photo/Evan Vucci)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures during a campaign stop at Southwest Office Systems, Tuesday, June 5, 2012, in Fort Worth, Texas. (AP Photo/Evan Vucci)

(AP) ? Authorities are investigating whether Mitt Romney's private email account was hacked, his presidential campaign said Tuesday.

The website Gawker reported Tuesday that an anonymous hacker had signed into Romney's personal Hotmail account. Gawker reported that the hacker guessed the answer to a security question about Romney's favorite pet in order to gain access to the account and change the password. The anonymous hacker told the website that Romney's account on DropBox, a file sharing service, also was compromised.

Romney's campaign said that "proper authorities are investigating this crime." Campaign spokeswoman Gail Gitcho refused to comment further and would not say who was investigating. She also would not say whether Romney still uses the Hotmail account.

Romney isn't the first politician to face security problems with a private email account. Just weeks before the 2008 presidential election, a Tennessee college student accessed the private emails of Republican vice presidential nominee Sarah Palin. The student, David Kernell, was convicted in April 2010 after Palin and her daughter Bristol testified about harassment and disruption they suffered. Kernell had correctly guessed answers to security questions guarding Palin's account, giving him access.

Romney's private Hotmail account was accepting email as recently as March 2012. As of Tuesday evening, the address was returning emails as undeliverable, citing an "unknown address."

Romney's private email address, mittromney(at)hotmail.com, was included in documents obtained and published earlier this year by The Associated Press. It was also included in documents attached to a Tuesday Wall Street Journal story. The address became public because Romney used it to conduct state business when he served as governor of Massachusetts, and some of his private emails were obtained under the Massachusetts Public Records Law.

Romney has used both a Hotmail account and an email account linked to his mittromney.com presidential campaign website. In August 2006, Romney told a group of recipients that all future emails were to be directed to the mittromney.com campaign account.

Romney wrote that, effective immediately, the new account would be his new email address. "Please keep it confidential as its use is for family and close friends," he wrote. "I will no longer be using my Hotmail account."

One month later, Romney again used the Hotmail address to email revisions of an editorial he was writing.

In March, the AP sent emails to each of Romney's private accounts. Both appeared to be operative at that time, but he did not reply. A Microsoft spokeswoman said Hotmail accounts are closed after 270 days of inactivity and incoming emails sent afterward are rejected as undeliverable. Neither of Romney's accounts bounced messages back to the AP in March.

An email sent to his private Hotmail account Tuesday bounced back as undeliverable.

Associated Press

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Wednesday, June 6, 2012

Financial Help and Financial News for Your Financial loans

Your credit report is one of the most important documents in determining your financial standing. A good credit report can help you achieve your financial goals, purchase valuable assets, and qualify for competitive interest rates on new lines of credit. A bad credit report can keep you from purchasing a new home or car, as well as preventing you from qualifying for credit at low interest rates. This makes it essential to know what?s in your credit report and what you can do to improve your credit by reviewing your credit file regularly.
According to a study released on Bankrate.com, a startling 70 percent of all credit reports contain serious errors or discrepancies which can affect an individual?s credit rating. These include having accounts listed twice, incorrect account statuses, discrepancies on the date penalties were incurred, and even the assignment of incorrect aliases that aren?t the same person. Each of these mistakes can cause decreases in your credit rating and affect your ability to borrow at competitive rates. By Federal law, every U.S. resident is allowed a free copy of their credit report each year. You can get your free reports by going to annualcreditreport.com and following the instructions to get each of your reports. Keep in mind, your free credit report actually includes the three different variations since you get a different report from each of the three main credit bureaus. Each of the three bureaus?Experian, Equifax, and TransUnion?has their own credit reporting system so they maintain their own version of your credit file. If you want to improve your credit, it?s important to check all three reports.

Once you receive copies of each of your reports, the next step is to carefully review the information included therein. Here are some tips of what you want to look for if you?re trying to find discrepancies:

? Check your contact information, paying special attention to any aliases the report indicates are you. In most cases these will be variations of your name, but in some instances the credit bureau will incorrectly assign an alias that?s not actually you.

? Check the status of each credit account. Make sure current accounts are showing current on your credit report. For delinquent accounts or any penalties incurred from delinquency or litigation make sure the date the penalty was incurred is correct.

? Check to make sure your accounts are only listed once, since double listed accounts increase your total debt load. Total debt owed is a major determining factor in FICO credit scores, so a mortgage listed twice can cause serious damage to your credit.

If you find any errors or discrepancies, submit your request for correction in writing to each of the three credit bureaus. It?s important to send the correction to all three agencies, since they?re not required to communicate with each other. Always submit disputes in writing and keep copies of all correspondence. Keep your explanations brief and to-the-point, and you?ll also want to provide copies of any proof or documentation you have.?

Once you submit your corrections, the credit bureaus will communicate the disputes to all of your relevant creditors. They will have an opportunity to confirm or deny your dispute. If the dispute is confirmed as an error, your report gets corrected and you must be notified if the correction gets rejected or changed at a later time. If you are denied a correction, you are allowed by law to present a summary of your side on the dispute in writing to be included in your credit file.

Even after you correct any errors in your credit reports with the three credit bureaus, you may not have the credit scores you had hoped to see. The credit history listed in your credit report is a main determining factor in your credit scores, but it is not the only piece of your credit puzzle. Total debt owed is another major determining factor. In this light, if correcting discrepancies doesn?t deliver the result you want, your best bet is to find ways to improve your credit history and pay off your debt as quickly as possible. If you need help, contact a non-profit credit counseling agency to allow a certified credit counselor to assess your debts and provide recommendations to help you improve your situation. ?

Connie Solidad has been writing about finances and debt consolidation for years. She's an expert in the industry and writes about debt incurred from credit cards, debt management options and credit counseling. When Connie is not working, she loves playing with her two dogs in Tampa, Florida. To learn more about debt management refer to ConsolidatedCredit.org.

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Canadian body parts suspect arrested in Berlin

This image taken from CCTV obtained by Associated Press video shows Luka Rocco Magnotta entering the Internet cafe in the district of Neukoelln in Berlin, Germany, Monday, June 4, 2012, where Kadir Anlayisli, who works in the cafe recognized him. "I looked at him and thought I knew him from somewhere, because I read newspapers every day," Anlayisli said. Luka Rocco Magnotta was apprehended on Monday in an Internet cafe in Berlin after an employee there recognized him and alerted police, Berlin police spokeswoman Kerstin Ziesmer said. The 29-year-old Canadian porn actor is accused of videotaping a killing and mailing the victim's body parts to the country's top political parties. (AP Photo/AP Video)

This image taken from CCTV obtained by Associated Press video shows Luka Rocco Magnotta entering the Internet cafe in the district of Neukoelln in Berlin, Germany, Monday, June 4, 2012, where Kadir Anlayisli, who works in the cafe recognized him. "I looked at him and thought I knew him from somewhere, because I read newspapers every day," Anlayisli said. Luka Rocco Magnotta was apprehended on Monday in an Internet cafe in Berlin after an employee there recognized him and alerted police, Berlin police spokeswoman Kerstin Ziesmer said. The 29-year-old Canadian porn actor is accused of videotaping a killing and mailing the victim's body parts to the country's top political parties. (AP Photo/AP Video)

This image taken from CCTV obtained by Associated Press video shows Luka Rocco Magnotta speaking to Kadir Anlayisli, a cafe worker who recognized him, in the Internet cafe in the district of Neukoelln in Berlin, Germany, Monday, June 4, 2012. "I looked at him and thought I knew him from somewhere, because I read newspapers every day," Anlayisli said. Luka Rocco Magnotta was apprehended on Monday in an Internet cafe in Berlin after an employee there recognized him and alerted police, Berlin police spokeswoman Kerstin Ziesmer said. The 29-year-old Canadian porn actor is accused of videotaping a killing and mailing the victim's body parts to the country's top political parties. (AP Photo/AP Video)

This image taken from CCTV obtained by Associated Press video shows Luka Rocco Magnotta, 2nd left, being removed by police from the Internet cafe in the district of Neukoelln in Berlin, Germany, Monday, June 4, 2012, where Kadir Anlayisli, who works in the cafe recognized him. "I looked at him and thought I knew him from somewhere, because I read newspapers every day," Anlayisli said. Luka Rocco Magnotta was apprehended on Monday in an Internet cafe in Berlin after an employee there recognized him and alerted police, Berlin police spokeswoman Kerstin Ziesmer said. The 29-year-old Canadian porn actor is accused of videotaping a killing and mailing the victim's body parts to the country's top political parties. (AP Photo/AP Video)

This image provided by Interpol shows an undated photo of Luka Rocco Magnotta, 29 years-old, who is accused of videotaping a gruesome murder before posting it to the internet will be charged with threatening Canada's prime minister after mailing a severed foot to his Conservative party headquarters, police said Saturday June 2, 2012. Magnotta is wanted for first-degree murder, defiling a corpse and using the mail system for delivering "obscene, indecent, immoral or scurrilous" material. Montreal Police Cmdr. Ian Lafreniere said they still believe Magnotta, 29, is in France. (AP Photo/Interpol)

Kadir Anlayisli stands next to the internet cafe in the district of Neukoelln in Berlin, Germany, Monday, June 4, 2012, where he recognized Luka Rocco Magnotta. Kadir Anlayisli who works in the after hours liqueur and tobacco shop with internet cafe, called a police man from outside saying he recognized the suspect person. Magnotta is wanted by Canadian authorities on first-degree murder and other charges. He is suspected of killing Jun Lin a 33-year-old Chinese university student he dated and mailing Lin's body parts to Canadian political parties. (AP Photo/Markus Schreiber)

(AP) ? A Canadian porn actor suspected of murdering and dismembering a Chinese student and mailing his body parts to Canada's top political parties was reading about himself on the Internet when he was arrested Monday at a cafe in Berlin.

Canadian investigators say 29-year-old Luka Magnotta's obsessions led him to post Internet videos of his killing kittens, then a man, and finally to his arrest at the cafe where he had spent two hours reading media coverage of himself.

An international manhunt set off by a case of Internet gruesomeness that captured global attention ended quietly in the working-class Neukoelln district of the German capital when a cafe employee recognized Magnotta from a newspaper photo and flagged down a police car.

Confronted by seven officers, "He tried at first giving fake names but in the end he just said: 'You got me,'" said police spokesman Guido Busch. "He didn't resist."

Magnotta is wanted by Canadian authorities on suspicion of killing Jun Lin, a 33-year-old man he dated, in Canada, and mailing his body parts to?two of Canada's top political parties before fleeing to Europe.

They say Magnotta filmed the murder of the Chinese student in his Montreal studio apartment and posted it online. The video shows a man with an ice pick stabbing another naked, bound male. He also dismembers the corpse and performs sexual acts with it in what police called a horrifying video.

The warning signs apparently were already there. For nearly two years animal activists had been looking for a man who tortured and killed cats and posted videos of his cruelty online. Since Lin's murder, Montreal police have released a photo from the video which they say is of Magnotta.

In 2005, Magnotta was accused of sexually assaulting a woman, but the charges were dropped, the lawyer who represented him at the time said.

Magnotta is believed to have fled to France on May 26, based on evidence police found at his apartment and a blog he once posted about disappearing.

In Germany, surveillance camera footage of the Internet cafe, obtained by The Associated Press, showed Magnotta casually walking in to the shop at noon local time, wearing jeans, a green hoodie sweater and sunglasses.

He briefly spoke to the Internet cafe's desk person, then walked off to his assigned computer with the number 25 where he would later be spotted reading the news about his case.

About two hours later, seven German police officers are seen walking into the shop, without any haste or dispointed arms.

On the camera footage, three police officers are seen accompanying the handcuffed Magnotta a couple of minutes after they first entered the cafe. Magnotta calmly walks alongside them, again wearing sunglasses.

In Germany, police spokeswoman Kerstin Ziesmer said Magnotta is being questioned, and will be brought before a judge behind closed doors.

"He says he is the wanted person," she added, while cautioning that his identity must still be independently confirmed by German authorities.

Canada, like Europe, has no death penalty, making extradition more likely. Quebec bureau of prosecutions spokesman Rene Verret said it could still take a long time to get him back to Canada, but he said if Magnotta doesn't contest the order he could be returned within a couple of weeks.

The case's full horror emerged when a package containing a severed foot was opened at the ruling Conservative Party headquarters on May 29. That same day a hand was discovered at a postal facility, addressed to the Liberal Party of Canada. And a torso was found in a suitcase on a garbage dump in Montreal, outside Magnotta's apartment building. Police in masks combed through the blood-soaked Montreal studio apartment last Wednesday.

As they unraveled his background, police discovered that Luka Magnotta changed his name from Eric Clinton Newman in 2006 and that he was born in Scarborough, Ontario. He is also known as Vladimir Romanov.

His mother,?Anna Yourkin in Peterbourgh, Ontario, said she had no comment, apologized and hung up the phone.

Toronto lawyer Peter Scully said he represented Magnotta in a fraud case in 2004 and a sexual assault case in 2005. He said Magnotta was charged with a dozen counts of fraud and impersonation for using a woman's credit card to buy about $17,000 worth of goods, including a television, DVD player and several cellphones. He said he pleaded guilty to four fraud-related charges after serving 16 days in pre-trial custody. He received a nine-month conditional sentence and a year of probation.

Scully said Magnotta was charged with sexually assaulting a woman in 2005, but the prosecution decided to withdraw the charges. The woman's father became so irate and threatening that Scully said he wrote a letter to police and the prosecutor, telling them about it.

Scully remembered Magnotta as soft spoken and polite.

"I've had lots of creepy characters and Eric did not stand out as one of them," he said. Scully refers to his client by his previous name, Eric Newman.

But Nina Arsenault, a Toronto transsexual who said she had a relationship with Magnotta over a decade ago, described him as a drug user with a temper, who sometimes turned his anger on himself, hitting himself on the head, and other parts of his body.

While Magnotta described himself in an online video interview with a site called "Naked News" as a stripper and male escort, Lin, who was from Wuhan, China, was registered as an undergraduate in the engineering department and computer science at Concordia University in Montreal.?

Police have confirmed Magnotta is a porn actor and that he and Jun had a relationship.

Zoya De Frias Lakhany, 21, a fellow Concordia student in some of Lin's classes, said he was an excellent student who was shy and humble. She said she cried all weekend.

"He was happy here, he would take pictures of the snow and post them," she recalled. "He was sweet, never complained and smiled all the time."

Montreal Police Cmdr. Ian Lafreniere said investigators are extremely relieved and pleased about the arrest.

"We said from the beginning that the web has been used to glorify himself and we believe the web brought him down," said Lafreniere. "He was recognized because his photo was everywhere."

______

Gillies contributed to this report from Toronto. David Rising contributed from Berlin. Sean Farrell contributed from Montreal and Phil Couvrette contributed from Ottawa, Ontario.

Associated Press

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Where to Watch the Transit of Venus

1882 Transit of Venus

The transit of Venus in December 1882

Today offers a final opportunity for 21st century stargazers to observe a?transit of Venus. For those of you who forgot to bring your telescope to work today, we?ve got a guide for viewing the transit both indoors and outside.

DIY Viewing
If the weather is cooperating and you?ve got your pinhole projector in hand, you can definitely head out to see the transit on your own. Folks in North America north of 67 degrees latitude (meaning Northern Canada and Alaska) can watch the entire transit. Most of the lower 48 will be able to catch much of the transit towards sunset today. A good overview site for more information is transitofvenus.org.

Planetary Parties
There are meatspace events across the country (and around the world) for viewing the transit. Check your favorite local museum, university, or observatory, or simply stop by NASA?s fairly comprehensive round up of viewing events, mapping out spots as far-flung as Hanga Roa, Easter Island and Woldlia College, Ethiopia.

Viewers in California?s Bay Area can join the Lawrence Hall of Science event, where experts will be helping the curious use special eclipse-viewing glasses. New Yorkers can stop by Pier 1 at Riverside Park to join the Amateur Astronomers Association of New York (there?s also an indoor event at the American Museum of Natural History). Whether you?re at the Kansas Cosmosphere, the Pensacola State College Planetarium, or the Montana State Stadium, chances are there?s a viewing area open to the public not far from home.

Rain Checked?
But if you can?t make it outside today, fear not. Here?s a selection of online options for viewing, many of which have been handily organized on NASA?s Live Venus Transit Website:

NASA EDGE in Mauna Kea, Hawaii
NASA?s main NASA EDGE stream of the transit

NASA TV
Another live feed from NASA, carried by some cable and satellite provides

SLOOH SpaceCamera
A view from the SLOOH robotic telescopealso has a countdown timer.

Fairbanks, Alaska
Fairbanks?s 21 hours of sunlight should make it a great viewing area

Astronomers Without Borders
Broadcasting from Mount Wilson Observatory in California

NASA Glenn Research Center
Also offers information about future missions to Venus

Coca-Cola Space Science Center
Broadcasting from Alice Springs, Australia, with a team in Mongolia uploading live images

Transit Webcast from Norway
Covers the transit from locations across the country

Much Hoole, UK, Horrocks Webcast
Brings together live music, 2012 observations, and historical commentary

Indian Astronomical Observatory
The highest-elevation station in the world webcasting the transit

European Space Agency
Broadcasting from Svalbard in the Arctic and near Canberra, Australia

International Space Station
May provide video and images from astronauts. Hear astronaut Don Pettit discuss how he plans on photographing these unprecedented images from space

?

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Mad Catz unleashes the Wii U accessories at E3, we go hands-on

Mad Catz unleashes the Wii U accessories at E3, we go handson

Eagerly awaiting the launch of the Wii U? You're not alone. Mad Catz is ready, as the outfit has recently announced a set of accessories for the aforementioned console. Here at E3 2012, we were able to get a closer look at the entire family from the charging docks right on down to the TRITTON Kunai headset. While only the set(s) of cans is a finalized design, the outfit says the stands that will recharge your controllers that we saw are nearly complete. However, the FlipCover that we viewed was still a working prototype -- the same goes for the FPS controller that we were able to sneak a peek at. So, what about pricing and availability? The company is only offering that the Kunai for Wii U will set you back $50 when it ships. If you're looking for a quick rundown, hit the gallery below or venture beyond the break for a few impressions.

Continue reading Mad Catz unleashes the Wii U accessories at E3, we go hands-on

Mad Catz unleashes the Wii U accessories at E3, we go hands-on originally appeared on Engadget on Wed, 06 Jun 2012 08:00:00 EDT. Please see our terms for use of feeds.

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Weak bridges identified in Texas

ScienceDaily (June 5, 2012) ? Preliminary results from research at Rice University show more than a dozen Gulf Coast bridges on or near Galveston Island would likely suffer severe damage if subjected to a hurricane with a similar landfall as Hurricane Ike but with 30 percent stronger winds.

An awareness of which bridges are most at risk of damage in a strong hurricane helps public safety officials, said Jamie Padgett, a Rice assistant professor of civil and environmental engineering.

"We've been sharing these findings with emergency management agencies," Padgett said. "Some of the groups, particularly in the Clear Lake area, are interested in this information so they can plan emergency response routes, or at least do some hypothetical scenarios to think through their responses."

Padgett leads a research team modeling the performance of dozens of bridges in the Houston-Galveston region. They're determining how well bridges would withstand such a hurricane from their assessment of damage by 2008?s Ike, the third-costliest storm in American history.

Padgett and Matthew Stearns, a former undergraduate student in her lab, wrote about the effect of hurricanes on bridges in a new book, "Lessons From Hurricane Ike," based on analyses after Ike and Hurricane Katrina in 2005. The book was published recently by Texas A&M University Press. The book incorporates material from more than 20 researchers associated with the Rice-based Severe Storm Prediction, Education and Evacuation from Disasters (SSPEED) Center.

After Ike, Padgett and Stearns published a paper in the American Society of Civil Engineers' journal on the impact of Ike on bridge infrastructure in Greater Houston and Galveston.

The first bridge featured in their lengthy report was the Rollover Pass Bridge on Bolivar Peninsula, northeast of Galveston. In 2008, the span, which sat 5.3 feet over the mean water elevation, was given National Bridge Inventory condition ratings of "good" for the superstructure and substructure, "very good" for the deck and "satisfactory" for the channel; yet that same year it was destroyed in Ike's 15-foot surge and five-foot waves. This highlights the fact that condition ratings alone are not sufficient indicators of bridge safety, particularly in the face of natural hazards, Padgett said, and it underscores the importance of risk-assessment studies such as those conducted by her group.

The bridge was one of 53 evaluated by Padgett and her team after Ike. They used data compiled by themselves and others, including the Texas Department of Transportation and design firm HNTB, which worked on the state's recovery effort. Some bridges (mostly timber structures in rural areas) were destroyed by the storm surge and wave loading. Others were damaged by debris impact that accompanied the wind and water, and 25 more were weakened by scouring, where earth underneath the structures and supporting elements was washed away. Even 17 of the evaluated bridges that were far enough inland to escape significant storm surge suffered some degree of damage.

Advances in high-strength, corrosion-resistant materials and new design and construction techniques will help the next generation of bridges withstand such damage, said Padgett, who earned a coveted CAREER award from the National Science Foundation (NSF) last year to model sustainable solutions for bridge infrastructure subjected to multiple threats. But there are also fixes available to help existing bridges. "Through our work, we've identified some simple solutions," she said. "Adding details and retrofits to the structures, like shear keys or tie-downs, are potential solutions that would help protect bridges during hurricanes."

Padgett said the Houston Endowment's support of the SSPEED Center, along with her NSF award, were critical to her work. Her group also studies the impact of earthquakes and other factors, including increased load from a growing population, on bridges.

"Infrastructure reliability is certainly a hot topic worldwide," said Padgett, who is also studying bridges in California and Charleston, S.C. "We try to pick strategic locations that have an array of threats."

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