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24 Feb 2012 11:06

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Politics: How Mitt Romney’s dad lost his presidential momentum: Brainwashing

  • About 45 years ago, George Romney was looking hot. A popular Michigan governor who did well in the 1964 Republican primary (but did not win), he was considered a frontrunner in the 1968 race. Until this interview above, that is, done in August 1967 by Detroit news personality Lou Gordon. When asked about the Vietnam war, he explained why his views changed so that he was suddenly against the war. His answer? “When I came back from Vietnam, I had just had the greatest brainwashing that anyone could get.” This one comment derailed his campaign, decades before Twitter would’ve made that comment blow up like a forgotten third thing in a debate. MLive has a really great history on this interview that’s worth a read. source
Posted by Ernie Smith • 0 Comments • Permalink

23 Feb 2012 10:26

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U.S.: Virginia lacrosse murder case: George Huguely sentenced to 26 years

George Huguely was convicted of second-degree murder for the murder of fellow University of Virginia lacrosse player (and his ex-girlfriend) Yeardley Love. Juror Ian Glomski on the final verdict: “We all really believe justice was served.” source
Posted by Ernie Smith • 0 Comments • Permalink

22 Feb 2012 11:33

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World: Deadly Argentina train station crash kills dozens, injures hundreds

  • 40+ people reported killed in a train crash at Buenos Aries’ busy Once station, a major terminus
  • 550+ people reported injured in the crash, blamed on a brake failure which happened during rush hour source
  • » The second major crash in six months: In September, another major crash on Argentina’s rail lines killed seven and injured 214 as a train crashed into a bus. This crash sounds even worse, with word that many are still stuck in debris awaiting rescue. More as we get it.
Posted by Ernie Smith • 0 Comments • Permalink

22 Feb 2012 11:01

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Politics: Corporate tax rates: Where Obama and the GOP agree, and where they differ

  • 32% the current corporate tax rate in the U.S., which many companies lower by using tax loopholes, leading to an extremely complex tax code
  • 28% the rate Obama wants to lower that too, while closing up many of the loopholes in the process, which might lead some companies to pay more
  • 25% the rate the GOP wants to lower it to; closed loopholes would have to be tempered, though, so companies wouldn’t pay any extra source
  • » Revenue-neutral or revenue-raising? The differing views of how the corporate tax policy should be reformed strike at the heart of differing philosophies the two parties have. Both agree on some basics — they’d like to figure out ways to get multinational companies to create jobs in the U.S., for example. “My message is simple: It’s time to stop rewarding businesses that ship jobs overseas and start rewarding companies that create jobs right here in America,” Obama said during the State of the Union in January. However, they differ greatly on the ultimate solutions. Do we need to give such big tax breaks to massive oil companies? Democrats say no. Republicans say taxes across the board are too high. We hope they solve this, UFC-style, in “The Octagon.”
Posted by Ernie Smith • 0 Comments • Permalink

21 Feb 2012 21:00

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World: Video: What the massive mortars hitting Syrian rebels look like

  • The largest mortars used by the U.S. military are 160mm. The bad boys shown in this video of a torn-apart building in Homs are a much-larger 240mm (according to Human Rights Watch), and can be fired from as far as 20 kilometers away. Where did they get these heavy mortar rounds from? Most likely Russia, which produces the “Tulip” weapons system that fires weapons of this nature. (The towed M240 might also be used in these attacks.) So, to put it simply, Syria is lobbing giant weapons in its fight against the rebel movement. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Feb 2012 11:24

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Politics: Supreme Court agrees to hear major affirmative action case

  • then Back in 2003, Sandra Day O’Connor wrote the majority opinion in Grutter v. Bollinger, a Supreme Court case that didn’t outlaw affirmative action outright but blocked its use in a points-based system. Colleges could take it into account in a vague way, a decision O’Connor said was meant to last for around 25 years.
  • now This morning, it was announced that the Supreme Court would hear a new affirmative action case, which, depending on how it’s decided could outlaw it outright. The court is more conservative than it was back in 2003, meaning it might go the other way. Note: It’s been nine years since O’Connor wrote that decision. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Feb 2012 10:47

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Politics: Mitt Romney’s campaign plowing through cash, not getting much back

  • 287% the “burn rate” of Mitt’s campaign in January
  • $18M the amount Mitt spent on the campaign trail in January
  • $6.5M the amount Mitt got in donations last month — far less than he took in
  • $7.7M the amount Mitt had in the bank at the end of January source
  • » Spending a lot, not getting much back? With pricey losses and close contests, including in Iowa and South Carolina, the Mitt train seems to be losing some steam. And his toughest week is ahead of him: With contests in Arizona and Michigan in just a week, and Super Tuesday on the horizon, there’s a good chance he may not be able to pull it off, leading to the possibility of a “brokered” or “contested” convention in August.
Posted by Ernie Smith • 0 Comments • Permalink
 

20 Feb 2012 20:43

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Culture: New Jersey residents, others upset about flying flags half-staff for Whitney

  • cause To honor one of the state’s greatest pop stars, New Jersey Gov. Chris Christie had state buildings fly flags at half-staff (usually reserved for military or politicians) ahead of Whitney Houston’s funeral this past Saturday.
  • reaction Reactions to the decision have been strong — one New Jersey town basically ignored the order and a Michigan man (whose son was killed in Iraq back 2005) burned a replica of the state’s flag on his outdoor grill.
  • response Christie defended his decision last week, prior to Houston’s funeral: “For those people who say, ‘I don’t think she deserves it,’ I say to them, ‘I understand that you don’t think that. I do, and it’s my executive order.’” source
Posted by Ernie Smith • 0 Comments • Permalink

20 Feb 2012 19:56

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Politics: Pro-Newt Super PAC’s fundraising courtesy of two people (they’re married)

  • $11M the amount the main pro-Newt Gingrich Super PAC, Winning Our Future, raised in January
  • $5M of that total came from Sheldon Adelson, a casino magnate with deep pockets
  • $5M of that total came from Adelson’s wife, Miriam; they know a thing or two about gambling source
Posted by Ernie Smith • 0 Comments • Permalink

20 Feb 2012 11:07

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Biz, U.S.: Mardi Gras worth a heckuva lot more than beads to New Orleans

  • $140 million one estimate as to how much economic impact Mardi Gras has on the New Orleans area each year
  • $500 million another estimate; “There’s no way to know for sure because we don’t sell tickets,” a historian says source
  • » A massive party with a massive impact: “There are a lot of municipalities all over the world that want to copy what we do here in New Orleans because it drives tourism,” claims Barry Kern, whose float-building studio is busy year-round getting designs ready for the event and other similar events elsewhere. And with good reason, too. While the party itself is free, the 100,000 people riding the floats each year can spend as much as $2,000 to $3,000 on costumes, throws and fees. Then when you throw in the thousands of others who spend money on parties, king cakes and other revelry, and the financial impact adds up fast each year.
Posted by Ernie Smith • 0 Comments • Permalink
 
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