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29 Jan 2012 12:17

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U.S.: GOP: We’ll make this payroll tax cut extension work, we swear

  • There is broad agreement on doing the payroll tax holiday through the end of the year … The problem is paying for it. … (Democrats) just don’t want to cut any spending. That is what made it problematic. But we will get it done. We will get it done before the end of February.
  • Senate Minority Leader Mitch McConnell • Emphasizing that the payroll tax cuts that proved a thorn in the GOP’s side back around Christmas will get extended through the new year, no matter how many arms McConnell has to twist. The thing is, though, he’s not the guy who has to do the hard work. It’s Boehner in the House, who pissed off his rightward-leaning members by ignoring their wishes to score a deal. However, even Boehner is confident: “I’m confident that we’ll be able to resolve this fairly quickly,” he said. The tax cuts expire at the end of February, but there’s no word on how they plan to pay for this. source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jan 2012 11:46

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Politics: Rick Santourm leaves campaign trail to tend to sick daughter

  • “You think she’s fine, and then one cold and she’s this close to dying.” Days ahead of the important Florida primary, Rick Santorum found himself having to make an unexpected detour Saturday, as his 3-year-old daughter Bella, who suffers from a rare genetic condition called Trisomy 18, was admitted to the hospital. Bella has already beaten the odds in many ways — many children with the condition don’t survive their first week, let alone their first year. The presidential candidate, who is running behind Gingrich and Romney, is relying on surrogates to keep things going while he’s gone, but it’s not the first time Bella’s health has forced the cancellation of Santorum’s campaign events. A tough situation for Santorum to deal with, especially as the contests turn into real primaries with real stakes. (photo by Gage Skidmore/Flickr) source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jan 2012 11:26

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World: The Department of Defense can’t account for a crapload of Iraq War spending

  • $2 billion of DoD’s Iraq War spending unaccounted for (oops) source
  • » Audit time! With the Iraq War’s chapter effectively closed, now’s apparently a good time to look back at all the money we spent there. There’s a problem, however: Of the $3 billion the Iraqi government set aside for the Department of Defense to use for reconstruction between 2004 and 2007, approximately two-thirds of that is unaccounted for. Worse, auditors can’t even find most of the documents: “From July 2004 through December 2007, DoD should have provided 42 monthly reports,” an audit says. “However, it can locate only the first four reports.” Ever lose track of like $2 billion bucks? It’s fun, right?
Posted by Ernie Smith • 0 Comments • Permalink

29 Jan 2012 10:58

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U.S.: Occupy Oakland protests: Arrests, tear gas, tough statements from officials

  • Whenever journalists are arrested/detained for reporting the news, everyone’s freedom is at risk.
  • KGO Radio reporter Kristin Hanes • Discussing her arrest late Saturday as the Occupy Oakland protests flared up. She and Gavin Aronson of Mother Jones were among the over 200 people placed into custody Saturday night, as the Oakland protests reached a new breaking point — including the burning of an American flag. Both mayor Jean Quan and the police were quick to pin negative attention on the protesters: “The Bay Area Occupy Movement has got to stop using Oakland as their playground,” Quan said in a statement. However, it’s important to keep in mind the nature of the police actions — including violence towards protesters and the use of tear gas grenades. An OpenSalon writer has a pretty informative first-person piece worth reading, which describes both the nature of the protesters (not as bad as reported) and why things flared up Saturday. source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2012 20:53

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Biz: Greedy investment bankers won’t carve Facebook’s IPO too heavily

  • what Investment banks looking to get in on the upcoming Facebook IPO, expected to be filed for next week, may only take a 1 percent underwriting fee on the stock offering. How abnormal is that? Usually, the investment banking underwriters take 5 to 7 percent.
  • why Simply put, Facebook is such a big deal that the competition is extremely high for it; underwriting it is seen as a prestige move. “The Facebook IPO will be iconic,” notes one investment banker who says that Facebook gets to set the rules on this one. source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2012 13:54

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Politics: Mitt’s latest (involuntary) weapon against Newt? Tom Brokaw

  • We’re sorry, this is just low: Back in 1997, Newt Gingrich faced a tough punishment for ethics violations similar to those that caused his predecessor’s downfall. So, clearly, with Mitt needing some strong ammo to hold him off in Florida, this is probably the right line of attack. Problem is … well, what the hell does Tom Brokaw have to do with this? Mitt’s latest ad in Florida is just a long replay of a news clip from that era, with a little bit of dramatic music to really sell the whole thing. Brokaw is understandably pissed: “I am extremely uncomfortable with the extended use of my personal image in this political ad,” he said in a statement. “I do not want my role as a journalist compromised for political gain by any campaign.” We’re pissed for him —Romney just co-opted his trusted image to score some cheap points. Not cool. NBC has asked the Romney campaign to remove their news footage from the clip, and they better. source
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2012 19:44

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Biz: CBS Sports fires blogger who flubbed Joe Paterno death report

  • Bad sourcing plus poor timing: Adam Jacobi took to Twitter earlier this afternoon to reveal that CBS Sports — which ran with a erroneous story that Joe Paterno had died hours before he actually did, based on a single tweet from a student Web site, originally linked to and otherwise unsourced (then retracted it, naming the source and initially refusing to take full credit for the error) — fired him over the incident. “In the end, CBS had to let me go for the Paterno story going out the way it did,” Jacobi wrote. “and I understand completely. Thanks, everyone, for reading.” The Washington Post’s Erik Wemple calls the move classy on Jacobi’s part, and an important line in the sand for CBS: “Not only does CBSSports.com put on notice its employees that multiple sourcing matters,” Wemple writes,”it puts on notice the entire industry.” While we don’t necessarily think Jacobi should’ve been fired, CBS made a good move, as it initially looked like they would let the sword fall onto Onward State. It would’ve been better if they took credit right away. (photo via Flickr user audreyjm529) source
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2012 18:10

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Tech: Twitter responds to controversy over new country-based censorship

  • cause On Thursday, while evoking a post the company wrote during the Arab Spring, Twitter discussed a new policy for allowing countries to censor tweets, arguing it would allow the company to go more places.
  • reaction While many reacted to the news negatively, Twitter was not without its defenders, most notably UNC professor Zeynep Tufekci, an expert on the intersection of social media and global politics.
  • response A day later, Twitter updated the post with a FAQ, saying the overall goal is transparency: “We have users all over the world and wanted to find a way to deal with requests in the least restrictive way.” source
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2012 16:16

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Music: On Spotify and the ethical issues it presents for music listeners

  • Why can’t you listen to “El Camino” on Spotify? There are a lot of reasons why The Black Keys’ discography ends with “Brothers” on the service, and it’s not because “Tighten Up” is the best song they’ve ever done. Really, the problems here are ethical. As an idea, the concept of subscription-based music has been around for years — remember Columbia House? or how about eMusic? — and in a lot of ways, Spotify and MOG and Rdio are merely the latest generation of that. But The Verge’s Paul Miller touches a solid nerve with a single sentence: “I suppose what I really want is some sort of ‘free range’ sticker slapped on my music consumption, so that I know the artist was ethically treated in this transaction.” Here’s a breakdown of the issues involved here.
  • benefits Listeners get to try things without worry of wasting money, and as one label executive notes, most people spend an average of $17 per year on music, meaning consumers could spend more with these services in the long run.
  • problems Big acts who don’t need services like Spotify to gain exposure — notably The Black Keys, Coldplay and Adele — have taken their latest albums off the service, saying labels benefit from the deals more than individual artists. source
  • » But is that actually the case? Small-scale bands probably have less to lose in terms of cannibalization, but in a change from the iTunes era, it’s the biggest bands on the planet, not the ones with legacies to protect, that are protesting the services. One Universal Records exec, Rob Wells, says that the artists have nothing to worry about: “Every single one of those bands has earned more money from its album being on Spotify than it has from being on any other services within a period of time.” But try explaining that to Patrick Carney, the drummer for the Black Keys: “For a band that makes a living selling music, it’s not at a point where it’s feasible for us.” For what it’s worth, Spotify and its ilk are working hard on discovery these days.
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2012 14:52

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U.S.: Erin Brokovich investigating mystery disease affecting high schoolers

  • We don’t have all the answers, but we are suspicious. They have not ruled everything out yet. The community asked us to help and this is what we do.
  • Activist Erin Brokovich • Banking on her getting-to-the-bottom-of-stuff reputation to help a bunch of Le Roy, N.Y., high school students who have developed Tourette’s-style verbal and facial tics, in the wake of evidence of a toxic chemical spill near their high school 42 years ago. Regarding the claims, the school district said that “medical and environmental investigations have not uncovered any evidence that would link the neurological symptoms to anything in the environment or of an infectious nature,” but Brokovich plans to investigate anyway, saying that there are some significant holes in regulatory testing records. She previously exposed a toxic chemical cleanup in California that built her evil-chemical-company-fighting reputation and became a Julia Roberts movie, in case you were wondering where you heard that name before.  source
Posted by Ernie Smith • 0 Comments • Permalink
 
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