Monday, November 28, 2011

Former Mexico ruling party clears way for nominee (AP)

MEXICO CITY ? Enrique Pena Nieto is the sole candidate for the presidential nomination of Mexico's former ruling party now that the party's internal filing deadline has passed.

Pena Nieto was the only contender to register Sunday for the Institutional Revolutionary Party's nomination and he followed the formality with a speech to party supporters. The PRI is expected to certify his candidacy in December.

The PRI hopes to retake the presidency in next July's election. It lost the post in 2000 after holding it for 71 years.

One of the contenders in the ballot will be Andres Manuel Lopez Obrador of the leftist Democratic Revolution Party, who narrowly lost the 2006 election. President Felipe Calderon's National Action Party has not yet chosen a candidate.

Source: http://us.rd.yahoo.com/dailynews/rss/mexico/*http%3A//news.yahoo.com/s/ap/20111128/ap_on_re_la_am_ca/lt_mexico_candidate

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Sunday, November 27, 2011

Chicago exchanges: Tax breaks needed to stay put

(AP) ? John Schneider's work is all shouts and hand gestures. Get him on the phone and you'll strain to hear over the barks and cries of his fellow commodities traders in the corn pit at the Chicago Board of Trade.

The board's art deco building has long been an icon, and Schneider compared it at its founding in 1848 to a business like Groupon Inc. today ? operating on the economic frontier and pushing Chicago toward its future. Even as the shouts and gestures gave way to the bits and bytes of modern electronic trading, the Board of Trade and the city's other exchanges had a strong hand in making Chicago the financial center it's become.

But two exchanges, the CME Group Inc., which owns the Board of Trade and the Chicago Mercantile Exchange, and CBOE Holdings Inc., have threatened to leave the state unless they're given significant tax breaks to make staying worth their while. They say a big tax increase enacted this year and what they say are inequalities in the tax code have forced them to pay an outsize share of the state's corporate income taxes.

Lawmakers are returning to Springfield on Tuesday to consider special deals to cut the exchanges' tax bills, and the price tag for the financially-strapped state could reach well into the hundreds of millions of dollars. They must decide whether Illinois, where the unemployment rate is just over 10 percent, can afford to give in to exchanges that may no longer need Chicago as much as it needs them, or whether to take their chances that the companies will stay put without new deals.

While some question whether the exchanges would really move, in Schneider's mind, not trying to accommodate them would send a signal that Illinois is no longer the kind of place where the exchanges were born.

"If you can't hold onto a 150-year-old institution, then what's next?" asked Schneider, who works for League Trading. "Would stuff like this stifle companies like Groupon from starting?"

The exchanges are just two of the major Illinois-based businesses that have threatened to walk away from the state this year, demanding tax breaks and other perks. The legislative package also includes breaks for Sears Holding Corp., which has warned of moving its headquarters out of the Chicago suburbs.

The exchanges say it's unfair for the state to tax their trades as if they all happen in Illinois, when the buyers and sellers in electronic trades are often somewhere else. CME Group says it pays close to six percent of all corporate income taxes in the state. It doesn't provide a dollar figure, but the state collected a total of $1.67 billion in 2010; six percent of that would be about $100 million.

The proposed tax package "reflects the global nature of the financial markets and puts the exchanges on more equal footing with other Illinois companies and other U.S. exchanges," CME chief financial officer Jamie Parisi testified at a hearing in Springfield. Neither CME nor CBOE would comment directly for this story.

CME employs about 2,000 people in Chicago while CBOE has about 500 workers in the city.

The companies are pressuring a vulnerable state. Illinois raised its corporate tax rate in January from 4.8 percent to 7 percent to help deal with a massive budget deficit.

That multi-billion dollar means Illinois can't afford to cut any company a break, University of Illinois economist Fred Giertz said, but the tax increase leaves the politicians in a bad position to make a stand.

"I think people who voted for the tax increase also want to not be blamed for having these services and industries leave the state," Giertz said. "You have to stand up at some point (and say no), but it's not easy to do that."

It isn't clear whether the exchanges would really leave. Moving is expensive and disruptive and experts say companies often threaten to pack up for a new location with little intention of doing so, just to force government to come through with deals to keep them in place.

A spokesman for a union that represents thousands of government workers in Illinois said the companies are taking advantage of Illinois, and that lawmakers should find other solutions.

"Rather than holding taxpayers over a barrel and demanding giveaways for themselves, responsible employers that feel they are taxed inordinately should blame the two-thirds of Illinois corporations that pay no state income taxes at all," said Anders Lindall, a spokesman for the American Federation of State, County and Municipal Employees, referring to a figure often cited by some of the biggest backers of the tax breaks, including state Sen. President John Cullerton.

But if any businesses could easily relocate, it might be the exchanges. Their electronic trades could be conducted almost anywhere. There are no assembly lines to move, no raw materials they need to be near. "You can process orders virtually any place," Giertz said.

Indiana reportedly has extended an offer to the CME Group, hoping to lure it away. Officials with the CBOE ? a smaller exchange that says it paid $13.7 million in state taxes in 2010 ? have said they've talked to several states.

Legislators are still working on the tax break package, but last week the governor's office put the cost to the state on one version at $850 million a year, starting three years after passage. The package has grown to include provisions for Sears, low-income taxpayers and others to broaden support for it.

The Board of Trade was founded in 1848, the same year the Illinois and Michigan Canal opened, linking the Chicago River and Lake Michigan with the Mississippi river. The farms to the west flooded the city with crops and livestock destined for the East Coast and beyond, and the exchange smoothed the buying and selling through futures contracts that allow commodity prices to be locked in in advance, avoiding price swings.

Along with that trade, the city quickly grew, from about 30,000 people to roughly 300,000 in two decades. "The Board of Trade became the commodities trading center of the world, basically," said Carl Smith, a professor of American Studies at Northwestern University.

The Mercantile Exchange began in 1898 as a Board of Trade spinoff, the Chicago Butter and Egg Board. Similarly, the Board of Trade opened the Chicago Board Options Exchange, or CBOE, for the trading of stock options in 1973.

The exchanges mean jobs in Chicago, with the area around the Board of Trade full of financial firms and restaurants that cater to the traders. But there's also a symbolic and psychological aspect to the exchanges having called Chicago home for so long.

"CME's position is that, given the choice, it would prefer to stay in Illinois," said John Carpenter, senior vice president of the Chicagoland Chamber of Commerce. "Chicago is a great place to do business for them."

___

Associated Press writer Tammy Webber contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-11-25-Tax%20Breaks-Chicago%20Exchanges/id-0342fb063da74369a86b6cf5f0b6a519

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NASA launches largest-ever Mars rover

Reporting from Cape Canaveral, Fla.?

With the roar of an Atlas 5 engine, NASA on Saturday began its boldest venture yet to another planet ? sending the Mars Science Laboratory on an eight-month journey expected to provide more detailed information about whether the Red Planet is, or ever has been, hospitable to life.

After a one-day delay to replace a faulty battery, the launch went off flawlessly at 7:02 a.m. PST, the rocket rising on a column of white smoke into a blue sky mottled with puffy cumulus clouds.

"Whew! That felt so good," said Joy Crisp, a deputy project scientist with NASA's Jet Propulsion Laboratory in La Ca?ada Flintridge, as the rocket trailed out of sight. "That was spectacular!"

Its payload was the rover Curiosity, the largest and most sophisticated in a series of robotic vehicles that NASA has sent to Mars. Built at JPL, Curiosity is a six-wheeled, one-ton vehicle the size of a compact car that is bristling with an array of sophisticated scientific gadgets.

Its mission, NASA officials have stressed, is not to find life on Mars, but to find out whether life ever could have existed there in the form of microbes, tiny organisms that are abundant on Earth. It also will try to find further evidence to suggest whether astronauts could survive on Mars, part of NASA's long-term plan to send a manned mission there.

"I like to say it's extraterrestrial real estate appraisal," Pan Conrad, a NASA astrobiologist, said at a pre-launch briefing earlier in the week.

Some 43 minutes after launch, a second stage rocket fell away, leaving the science lab capsule on its own. Control of the spaceship then shifted from the Kennedy Space Center to JPL, which will run the mission for its duration, expected to be a minimum of two years.

A group of JPL scientists and engineers at Kennedy burst into applause when the capsule separated from the rocket. Like most people associated with the mission, they were excited and relieved by the successful launch. Many have worked on the Mars Science Laboratory for nearly a decade and had to endure a two-year delay when the project missed its original launch date.

Pete Theisinger, the project manager at JPL, couldn't stop grinning when he got up to speak at a news conference after the launch. "Our spacecraft is in excellent health and it's on its way to Mars," he said. "Any questions?"

The lab faces a journey of 354 million miles. (Although Mars is less than half that distance from Earth, the fact that it is a moving target makes the trip longer.) It is due to land in spectacular fashion just after 10 p.m. PDT on Aug. 5.

Because of the size of the rover, NASA decided that its previous landing technique, in which vehicles were bounced onto the surface of the planet on air bags, would not work. So Curiosity, after being slowed in its descent by parachutes, will be lowered softly ? NASA hopes ? on long bridles using a sky crane technique modeled after those used by helicopters.

Once on the ground, NASA intends for the rover to spend one Martian year, or about two Earth years, exploring an area called Gale Crater, the site of a gently sloped, 3-mile-tall mountain made of sedimentary rock. As with prior missions, there is the likelihood that the rover will keep going after its two-year "warranty" expires.

Scientists hope that as the rover ascends the mountain, the rock will tell the geologic history of the area ? and ideally suggest whether the planet could have supported life. That would require the presence of three things: water, energy and carbon. The first two have been established as existing on Mars, but previous missions have not allowed scientists to determine whether there is carbon.

"We're basically reading the history of Mars' environmental evolution," John Grotzinger, the project's chief scientist, said at one of the pre-launch briefings. However, he has been at pains to tamp down expectations.

"It's like looking for a needle in a haystack," he said, "and the haystack's as big as a football field."

Scientists believe it is more likely that Curiosity will find other indications of environmental conditions that point toward the possibility that life once existed on Mars, when it was warmer and wetter than it is today.

The researchers said they were excited by the opportunity to deploy some of Curiosity's new technology. One gadget, called a "chem cam," will use a laser to zap rocks, then analyze the resulting sparks with a spectrometer to identify the chemical elements in the material.

Curiosity also has a lab in its belly that will allow it to take soil and rock samples, analyzing their chemistry and mineralogy. And it will deploy an array of cameras to bring back high-definition still photographs and videos to Earth.

Such technology doesn't come cheap, and NASA officials were asked Saturday if they could justify the $2.5 billion being spent on the Mars Science Lab at a time of great need. Grotzinger said the cost, divided among the entire U.S. population, amounted to no more than the cost of a movie ticket per person. (It works out to about $8.)

"I'll leave it to you whether that's a movie you want to see," he said, adding: "This is the stuff that fuels kids' imaginations to go into science and engineering.? I think that's a great investment."

Mars program director Doug McCuistion said the space program also contributes to the economy by creating "high-tech, good-paying" jobs. "We don't spend any money on Mars," he said. "We spend it all here."

The Mars Science Lab is the latest in a series of U.S. missions to the Red Planet, dating to 1964 when Mariner 4 flew by and sent 21 photos back to Earth. More recently, the Pathfinder, Exploration and Opportunity missions landed robotic rovers that transmitted dramatic ground-level photos and other data about Mars ? considered the most likely planet in our solar system other than Earth to have nurtured life.

By "life," however, scientists stress that they mean the most primitive forms, and don't expect Curiosity to be met by an ambassador.

At the same time, said Steven Benner, a biochemist who heads the Foundation for Applied Molecular Evolution, "we don't want to have a lot of preconceptions. We want to consider that if, you know, Tim Allen's 'Galaxy Quest' alien rock creature comes up and bangs us on the head, we don't want to ignore it. That would be the 'aha!' moment that we would regret having missed. But that's relatively far down in our what-if scenarios."

mitchell.landsberg@latimes.com

Source: http://feeds.latimes.com/~r/latimes/news/science/~3/2XhvsFyl5HY/la-me-adv-mars-launch-20111127,0,1070468.story

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Saturday, November 26, 2011

US court won't block its Texas redistricting map (San Jose Mercury News)

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2 new radio stations in Zimbabwe get licenses (AP)

HARARE, Zimbabwe ? The state broadcasting authority says it has issued two licenses to commercial radio stations to compete with the sole government-owned broadcaster loyal to Zimbabwe's president.

The independent Media Institute of Southern Africa on Friday criticized the announcement by the authority and said the new stations were not fairly chosen by officials appointed by the information ministry run by President Robert Mugabe party.

Zimbabwe Newspapers, publishers of the main pro-Mugabe daily Herald, will launch a Talk Radio channel. The second channel, ZiFM, is controlled by a black empowerment campaigner and stalwart of Mugabe's party who says it will go on air within six months.

A coalition deal with the former opposition in 2009 called for an end to the three decade monopoly of Mugabe's Zimbabwe Broadcasting Corp.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20111125/ap_on_re_af/af_zimbabwe_radio_stations

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Friday, November 25, 2011

Analogue Interactive outs ebony ash encased Neo Geo CMVS Slim, pre-order yours for $649


If your interest was piqued by Analogue Interactive's walnut shelled Neo Geo MVS arcade system, you may want to take a peek at the outfit's refreshed CMVS slim console. Keeping with the MVS' hand-crafted theme, the CMVS Slim encases the rig in 100 percent ebonized ash. Or, if you preferred the walnut facade, you can still grab the console in that shade as well (pictured after the break). Unlike the model we saw earlier this year, this kit condenses all of the outputs to a single DIN jack -- offering S-video and composite connections via an included cable. Should you be so inclined, you can opt for a cable upgrade to make use of component or SCART connectivity for "the ultimate retro videophile experience." These classy consoles still bear the same $649 price tag as their plastic predecessor. Want a matching arcade stick? Toss in another two Benjamins. If you're ready to pull the trigger and pre-order, hit the source link below, and yours will ship in 5-7 weeks.

Continue reading Analogue Interactive outs ebony ash encased Neo Geo CMVS Slim, pre-order yours for $649

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Source: http://www.engadget.com/2011/11/22/analogue-interactive-outs-ebony-ash-encased-neo-geo-cmvs-slim-p/

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Thursday, November 24, 2011

OWS Following the Woodstock to Altamont Trajectory (Powerlineblog)

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What the 1 Percent (of Capital Markets) Could Do for Impact Investing

How can we unlock new sources of capital from retail investment to ensure impact investment opportunities aren't just for the wealthy?

While major investment banks have alluded to the promise of impact investing, (think J.P. Morgan in its 2010 report with The Rockefeller Foundation,?which included an analysis of 1,100 impact investments that were identified as asset class), at this point in time, impact investing is still not an important activity for any of these major players. Even if it were deemed a priority, the vast majority of the $80 trillion in global capital markets is locked up in investment structures unlikely to be unlocked for impact investment anytime soon.

So what is a realistic goal in the near-term to free up some of this capital and how do we unlock it? Anthony Bugg-Levine and Jed Emerson in their new book Impact Investing: Transforming How We Make Money While Making a Difference discuss how opening just one percent of these assets for impact investing would create "a capital pool four times larger than all current annual official donor flows and almost three times greater than the total of U.S. annual charitable giving."

In order to do this, Bugg-Levine and Emerson discuss the importance of "widening the doorway" in order to create a greater pool of private capital for impact that moves beyond a handful of innovative deals. They explain that the sector needs to create replicable deal structures, funds, and platforms that achieve scale and offer liquidity to investors.

But "widening the doorway" holds importance beyond achieving this 1 percent asset goal for impact investing; the concept needs to be applied in a way that promotes the democratization of capital flows. As Bugg-Levine and Emerson explain, the sector has so far existed almost exclusively in the realms of "the ridiculously rich and the ludicrously large." Family offices, private clients, and pension funds are the ones with the large capital to put to work, perhaps more than the impact sector can even handle for a very long time.

So what about retail? While opening up the doorway to retail clients may not hold as much sway in terms of volume of investment capital, taking impact investing retail is important for more than sheer capital reasons.

As Bugg-Levine and Emerson say, "it is about creating a more integrated relationship between our assets and our values," and it's about transforming what society values and how we organize our resources to achieve these values. If impact investing remains confined to the upper echelons of society, then opportunities for transformation at other levels are limited. What we need are less boutique, innovative deals, and more products that can be accessed by a wider range of people. And with the recent Occupy Wall Street protests making it clear that our society is in desperate need to rebuild trust in our economy, it's very important that we as a sector do our part to aim for inclusivity.

Most of us are familiar with the Calvert Foundation, which has been the leader in the retail sector in the United States, especially with its Community Investment Note. This program, to date, has leveraged over US $200M for community development initiatives, like low-income housing, and has less than a 1 percent loan default rate.

Looking beyond the U.S., TriLinc Global is an example of a private investment manager with a retail product focused on channeling investment into SMEs in emerging economies. I thought the launch of their retail fund in 2012 was a good tangible example of products that will reach a wider swath of people and moving beyond just the "ridiculously rich and ludicrously large."

TriLinc Global's Retail Investment Fund

At the 2011 Net Impact Conference at the end of last month, I had the opportunity to speak with Gloria Nelund (pictured left), the founder and CEO of TriLinc Global. In 2012, with Gloria at the helm, TriLinc is launching a $1.25 billion Global Impact Fund for "mainstreet" retail investors.

In late 2007/early 2008, when Gloria wanted to do something more fulfilling in the finance sector after a 30-year career on Wall Street, she decided to do some market research on existing impact funds. Nelund explained, "I wanted to focus my attention on bringing scalable capital to SMEs in stable, emerging markets because of their potential to catalyze economic growth and reduce poverty."

Through this process, she found the No. 1 issue for SMEs in emerging economies was a lack of access to private capital (her research showed that less than 17 percent of SMEs had access to capital at that time). Also, most impact investment funds were under $100 million, and there was a need for scale. So as she went about her research, she did a deliberate review of which class of investors she considered most plausible to unlock. In her career as a Wall Street industry veteran, Gloria has experience servicing, packaging and delivering products into all three channels:

  • Retail investors. Nelund knew that retail investors do buy into new investment products and represent a significant pool of untapped capital - if one knows how to access them.
  • Institutional investors. This cadre of investors is usually the last to enter any new market.
  • High net worth individuals. These investors have lots of capital, but they are difficult to access because most have gatekeepers to whom they delegate authority.

So Gloria decided retail was the avenue she wanted to take. The first step, working with legal counsel, was to determine an appropriate registered fund structure and understand the resulting investment restrictions. Simultaneously, she selected a third-party distribution partner institution with a track record raising $1+ billion funds in this channel and worked with them to understand the product characteristics that would be necessary for a successful raise. From there, she reverse-engineered the investment strategy to achieve the fund objectives that would be required: current yield, modest capital appreciation, market returns and measurable, positive social impact (including job creation). ?

Knowing she could achieve scale on the capital raising side, the next key was to be able to scale the investment side. Using a proven strategy from her investment days, she decided to hire a Chief Investment Officer with global, macro investment expertise and then select and hire sub-advisors to make the local investments. To meet retail investor objectives and comply with investment restrictions, TriLinc decided to focus mostly on debt investments. Another benefit of a debt strategy is that it keeps wealth in the country. With many private equity deals, once there is an exit, the money leaves the country, ultimately working against the economic growth strategy.

What about impact?

TriLinc is mostly focused on economic development and poverty alleviation through job growth, raising the average wage of unskilled workers, and increasing the local tax base. Their impact measurements primarily focus on these metrics. In terms of tracking other environmental and social metrics, Gloria is waiting to see what resonates most with investors as the sector evolves. ?As a reference, Gloria pointed me to the 2010 Hope Consulting study, Money for Good, which shows strong retail investor demand for impact products that can prove their impact and deliver market-rate financial returns.

When I asked Gloria to explain her reasoning on how TriLinc tracks social and environmental returns, she shared her thoughts on the differentiation between impact-focused and financially-focused products. She believes the sector would be better off if it acknowledged the existence of two camps. Although she is committed to impact investing, TriLinc is upfront about pitching their tent in the finance camp, and expecting market-rate returns.

But Gloria doesn't think there will always be two camps. She is optimistic about longer term behavioral change in the impact sector and believes that as new financial products are created, a bigger shift will occur in the industry, toward more patient capital. Gloria predicts that in 10-15 years, as the industry develops, we'll see more investors who are willing to accept a more modest financial return, while expecting clear and significant environmental and social returns on their investments.?

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Source: http://www.nextbillion.net/blog/2011/11/23/what-the-1-percent-of-capital-markets-

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Wednesday, November 23, 2011

Medicare to cover Provenge infusion costs: Dendreon (Reuters)

(Reuters) ? Medicare and Medicaid will cover the cost of infusion associated with Dendreon Corp's prostate cancer vaccine Provenge, the company said on Monday.

The ruling by the Centers for Medicare and Medicaid Services sent Dendreon shares up as much as 9 percent.

The Seattle-based company said that under the updated coverage policy, the costs associated with administering Provenge can now be billed separately.

Provenge costs about $93,000 for a standard course of treatment. Physicians are reimbursed $125 per infusion, on average, for biologic drugs, depending on geographic location and the length of the infusion, said Katherine Stueland, a spokeswoman for Dendreon.

The CMS decision covers claims for infusion costs of Provenge retroactive to June 30.

Provenge is a new type of cancer treatment that uses cells from a patient's own body to treat the disease.

Source: http://us.rd.yahoo.com/dailynews/rss/cancer/*http%3A//news.yahoo.com/s/nm/20111121/hl_nm/us_medicare_dendreon

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Tuesday, November 22, 2011

Two UC Davis officers put on leave after pepper spray video (Reuters)

(Reuters) ? Two University of California, Davis police officers have been placed on administrative leave while the school investigates the apparent use by campus police of pepper spray against seated student protesters, the university said Sunday.

Video footage of a policeman in riot gear using pepper spray on a group of roughly a dozen student protesters at close range in the university's quad area posted on YouTube spread quickly over the Internet, sparking outrage among some university faculty members.

The officers will be paid while on leave, university spokeswoman Claudia Morain said. She did not identify them.

In a public statement Saturday, UC Davis Chancellor Linda P.B. Katehi wrote that the use of pepper spray as shown on the video "is chilling to us all and raises many questions about how best to handle situations like this."

Student protesters at Davis had set up an encampment in the university's quad area earlier this month as part of the nationwide Occupy movement demonstrations against economic inequality and excesses of the financial system.

Their demonstrations, which had been endorsed by a faculty association, included protests against tuition increases and what they viewed as police brutality on University of California campuses in response to recent protests.

The students had set up about 25 tents in a quad area, but they had been asked not to stay overnight and were told they would not be able to stay during the weekend due to a lack of university resources, Katehi said.

Some protesters took their tents down voluntarily while others stayed. The pepper spray incident appeared to take place on Friday afternoon, when campus police moved in to forcibly evict the protesters.

Katehi said she was "saddened" by the manner in which protesters were removed and on Saturday announced a task force of faculty, students and staff to investigate the incident.

She said she had also instructed the school to reevaluate whether university policy on encampments offered students sufficient "flexibility to express themselves."

The move announcing the task force came after Katehi came under criticism from members of her own faculty.

(Writing by Mary Wisniewski; Editing by David Bailey)

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//news.yahoo.com/s/nm/20111120/us_nm/us_protests_davis_pepperspray

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Text-message bullying becoming more common (Reuters)

NEW YORK (Reuters Health) ? A growing number of U.S. kids say they have been picked on via text messaging, while there has been little change in online harassment, researchers reported Monday.

Of more than 1,100 middle school and high school students surveyed in 2008, 24 percent said they had ever been "harassed" by texting. That was up from about 14 percent in a survey of the same kids the year before.

"Harassment" meant that peers had spread rumors about them, made "rude or mean comments," or threatened them.

Outright bullying, which was defined as being repeatedly picked on, was less common. In 2008, about eight percent of kids said they'd ever been bullied via text, versus just over six percent the year before.

Researchers say the findings, reported in the journal Pediatrics, suggest that attention needs to be paid to kids' text-messaging world. But they also stress that parents need not be alarmed.

"This is not a reason to become distressed or take kids' cellphones away," said lead researcher Michele L. Ybarra, of Internet Solutions for Kids, Inc., in San Clemente, California.

"The majority of kids seem to be navigating these new technologies pretty healthfully," she told Reuters Health.

A researcher not involved in the study agreed.

"I don't think it makes sense for parents to get anxious about every new technology, or every new study," said David Finkelhor, who directs the Crimes Against Children Research Center at the University of New Hampshire in Durham.

And on balance, Finkelhor told Reuters Health, this latest study is "relatively reassuring."

The study included 1,588 10- to 15-year-olds who were surveyed online for the first time in 2006. The survey was repeated in 2007 and 2008, with about three-quarters of the original group taking part in all three.

When it came to Internet-based harassment, there was little change over time. By 2008, 39 percent of students said they'd ever been harassed online, with most saying it had happened "a few times." Less than 15 percent said they'd ever been cyber-bullied.

And even when kids were picked on, most seemed to take it in stride.

Of those who said they'd been harassed online in 2008, 20 percent reported being "very or extremely upset" by the most serious incident. That was down a bit from 25 percent in 2006. (The study did not ask about distress over text-message harassment.)

"If online bullying were getting worse," Ybarra noted, "I would expect to see more kids saying they're distressed by it. But we didn't see that, and I think that's good news."

But, she added, that's not to minimize the distress some kids do feel. "We need to do a better job of identifying these kids, and helping them."

Both Ybarra and Finkelhor said the message for parents is to try to help their kids manage their relationships in a healthy way. "These things, at the core, are relationship problems," Ybarra said.

"A lot of the old parenting messages still hold true, like teaching your kids the 'golden rule,'" Finkelhor said. "These are discussions that aren't specific to the Internet or cellphones."

And despite concerns that technology has made teasing and taunting easier, Finkelhor said there's evidence that overall, kids are doing less of it these days. "Bullying and victimization are down over the period that Internet use has gone up. It's improving," he said.

Finkelhor credited greater awareness of the problem, among schools and parents, for that decline.

And both researchers noted that despite the ubiquitous cellphones and computers, cyber-bullying remains a smaller threat than the old-fashioned kind.

"Meanness and bullying are still much more likely to occur face-to-face," Finkelhor said.

SOURCE: http://bit.ly/svg6r4 Pediatrics, online November 21, 2011.

Source: http://us.rd.yahoo.com/dailynews/rss/internet/*http%3A//news.yahoo.com/s/nm/20111121/tc_nm/us_text_bullying

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Lazy? Obama calls Americans 'hardest-working" on earth (Los Angeles Times)

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Monday, November 21, 2011

Tyson Foods 4Q profit falls on higher costs (AP)

ST. LOUIS ? Tyson Foods' net income for the fourth quarter was less than half of what it was last year, the meat producer said Monday, with higher grain costs offsetting better prices and revenue, particularly in its chicken business.

While there were operating income declines of $3 million and $12 million for beef and pork, respectively, that metric tumbled $223 million for chicken, meaning that an operating income of $141 million last year in chicken turned into an operating loss of $82 million in the final quarter of the year.

President and CEO Donnie Smith said he expected chicken supplies to drop next year, giving the company a chance to raise prices and profits.

"I feel confident that we will see progressive improvement throughout the year," Smith told analysts during a conference call. But he warned it could still be months before the chicken division returns to strong profitability. "Our best shot is going to be in the back half" of the year, he said.

All segments are profitable midway through the first fiscal quarter, Smith said.

Tyson posted a net income of $97 million, or 26 cents per share for the final quarter of the year, compared with $213 million, or 57 cents per share, a year ago.

The results fell short of the 31 cents per share that analysts had expected, according to a survey by FactSet. Revenue climbed 13 percent to $8.4 billion, beating expectations for revenue of $8.2 billion.

The company increased prices sharply, with chicken up 5 percent, pork up 13 percent, and beef up 19 percent. Still, profit margins remain under pressure because of higher costs at Tyson, based in Springdale, Ark. That was a shift from previous years, as recently as 2008, when feed costs rose but Tyson was unable to pass along those costs to consumers because of weak demand.

Yet margins are under pressure. The company said its fourth-quarter operating income was 2 percent, compared to 5.3 percent the year before. For the full year, operating income fell to 4 percent from 5.5 percent.

While it was worse than thought in the chicken segment, KeyBanc Capital Markets sees a turnaround in 2012, like Smith.

That is part of the cyclical nature of the business, in which companies cut back on production to counter weak profits.

"It will improve," Jagdale said. "Supply is coming down; that is the main reason."

Net income for the full 2011 fiscal year fell slightly from the year before, in part because of a $675 million jump in feed and ingredient costs.

Grains and beans to feed animals are the most expensive cost to raise chicken, pigs and cattle. Corn hit record highs this summer and other crop prices have shot up as well.

Tyson Foods said it earned $750 million, or $1.97 per share, compared to $780, or $2.06 during the same period last year.

Annual net income was below analyst expectations for net income of $2.01 per share.

Revenue was $32.27 billion, compared with $28.43 billion the year before.

Tyson reported adjusted net income for the year, excluding gains from tax provisions and equity sales, of $1.89 per share. That was below analyst expectations of $1.95 per share.

Revenue will likely be flat during its current fiscal 2012 year and Tyson forecast sales of roughly $34 billion. That was roughly in line with analyst forecasts for revenue of $34.02 billion.

But profits might improve during 2012. Tyson said it expects U.S. meat supplies to fall between 2 percent and 3 percent during the fiscal year, which will help the company raise prices further. Tyson expects to spend between $800 million and $850 million to update its facilities to make them more efficient.

Analysts are expecting net income of $2.13 per share in 2012, and adjusted net income of $2.11. Smith would only say Wednesday that Tyson Foods is expecting "in excess" of $2 per share for the year.

Shares of Tyson Foods fell 31 cents, or 1.6 percent, to $19.14 in morning trading amid broader market declines. The stock has traded between $15.46 and $20.12 over the past 52 weeks.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20111121/ap_on_bi_ge/us_earns_tyson_foods

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Former Philippines' president booked on poll fraud (Reuters)

MANILA (Reuters) ? Philippine police officers took the mugshots and fingerprints of former president Gloria Macapagal Arroyo at a Manila hospital Saturday, where she is under heavy guard after being arrested on charges of fraud.

"The former president was sitting in a reclining position on her bed when her fingerprints and pictures were taken," Senior Superintendent Joel Coronel, head of the national police's criminal investigation and detection group, told reporters outside St. Luke's hospital.

"She was wearing a hospital gown and a neck brace but was responding to queries from our medical team. An intravenous fluid is hydrating her," he said.

A police officer took Arroyo's mugshots, Coronel said.

He declined to release copies of the photographs, saying they would be reported to a lower court that issued an arrest warrant Friday that stopped her from leaving the country.

Arroyo, elected into the lower house of Congress last year, was scheduled to fly to Singapore after the Supreme Court upheld its earlier suspension of the government's travel ban on her and her husband.

Her arrest comes 18 months after President Benigno Aquino won an election by vowing to fight corruption and prosecuting those responsible, and particularly pursue Arroyo.

The former leader's legal spokesman, Raul Lambino, said they will question the lower court's jurisdiction to handle the electoral sabotage charges against Arroyo when they appear before the Pasay City regional trial court Monday.

"The process was not only railroaded and the Pasay City court is the not right venue to hear the complaint," Lambino told Reuters, saying the arrest warrant against Arroyo could be quashed if the lower court loses jurisdiction over the case.

Arroyo says she needs to travel to seek medical treatment for a spine condition, but the government believes she wants to evade investigation and possible prosecution.

Arroyo, president from 2001-2010, has consistently denied the allegations against her.

The alleged vote rigging happened in the restive southern Muslim province of Maguindanao, where all 12 pro-Arroyo senate candidates won a clean sweep of the province at mid-term elections in 2007, at odds with national trends.

The charges carry a life sentence.

Arroyo also faces allegations of fraud over a 2004 presidential election and corruption in her administration, which the government is still investigating.

Arroyo's predecessor, Joseph Estrada, told local media her arrest was "karma" and he hoped she would recover her health to face the charges.

"She should be made accountable not only for electoral sabotage but also corruption," he said from Singapore.

Arroyo took office in 2001 when Estrada was forced from power, and prosecuted him for corruption. In 2007, Estrada was convicted of plunder and sentenced to life imprisonment, but Arroyo pardoned him.

Arroyo has not been seen in public since Tuesday night, when, following the initial Supreme Court decision to lift her travel ban, she had turned up at the airport in a wheelchair and her neck in a brace.

The government stopped her and her husband from boarding a flight and she has since been in the hospital, where she was formally arrested Friday.

Monday, the Pasay City court that issued her arrest warrant will hear a separate petition to issue a hold departure order, which could permanently prevent Arroyo from leaving the country.

(Additional Reporting by Manuel Mogato; Editing by Paul Tait)

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

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Sunday, November 20, 2011

Rob Kardashian Celebrates with Tequila Don Julio 70

On Thursday, November 17, Tequila Don Julio hosted a launch party for the newest tequila in the Don Julio portfolio, Tequila Don Julio 70 A?ejo Claro, at SPACE in Venice, Los Angeles. Rob Kardashian, a true Tequila Don Julio fan, made time in between Dancing With The Stars’ rehearsals to stop by the party to [...]

Source: http://www.celebritymound.com/rob-kardashian-celebrates-with-tequila-don-julio-70/?utm_source=rss&utm_medium=rss&utm_campaign=rob-kardashian-celebrates-with-tequila-don-julio-70

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Salman is bored of playing a cop

After a long time, Salman Khan discarded his ‘cool dude’ aura and stepped into the role of uncouth and unpolished cop for ?Wanted? and ?Dabangg?. Both the movies turned blockbuster and Salman?s new avatar was very well taken by the audiences. But now the fresh reports suggest that the actor is bored of doing the [...]

Source: http://feedproxy.google.com/~r/newslatest/~3/X-aD1cufw2I/6249.html

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The Union Minister for Housing and Urban Poverty Alleviation and Culture, Kum. Selja addressing at the inauguration of ?The embodied Image Krishna Reddy ? A Retrospective?, in New Delhi on November 19, 2011.

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Source: http://pib.nic.in/release/phsmall.asp?phid=37714

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Saturday, November 19, 2011

The Best Virtual Pets

? November 16, 2011Posted in: Shows

May be during the past ten year since the new innovation of toys had been created, virtual pets.

What is virtual pet?

Then I would like you to imagine when you are having real pet, like dogs or cats that you have to tak cre of them, feed them and may be take them to sleep or take them to everywhere with you. Virtual pets are the same thing!!! Virtual pets has become very much popular among people long time ago and they have been rapidly developed in terms of technology that try to make them similar to the real pets but much more easier to look after. Particularly for children that would like to have a pet but parents seem not to agree to let them have the real pet due to some reasons. Therefore let the children enjoy with the virtual pets may be the better option. However, it is necessary to know more about this type of toys. Even though it has been introduced for a long time but still in the process of building awareness to the people. For parents who are considering to buy new one for their children may have to be enter to the world of virtual pet to ensure that they have enough information before making any decision.

Welcome to the place where make-believe is reality, at least, virtually! The Virtual pets world is a very unique place. Do you know why? This is because its members are furry, some have long tails, and others have snouts and whiskers and some have green skin! This is a jungle online with the best collection of animal dolls. These are waiting to be adopted by your child! So let us tell you more about our virtual pets right away! Virtual pets is a part of the Ganz group that deals with stuffed toys. Virtual pets is a new effort to bring back the magical world of pretend playmates for kids. If you are worrying that you can neither spend more time with your child nor get real pets for her to play with, this is the perfect solution. All you need is an Internet connection and you are all set to have a cool online pet for your little one. Each pet you see comes with a special secret code. One you decide to buy the pet, you can load your pet onto the web by using this code. Your child can freely choose any fancy name for her pet and even decide if it is going to be her or him!

The Kinzcash can be used to purchase the necessities for your kid?s pets. The kid now can select a smart home for the animal and feed it and take care of it for a whole year. This responsibility is an educational experience for the child. Virtual pets has a nice range of accessories as well. Pet parties can be arranged and your kid can even chat with the pet! There are exciting games as well. If your kid is a computer buff, then having an online pet will be a great idea.

There is more information available on nitric oxide there is a lot of information not outlined in this article, go to Author?s website to uncover extra information.

Related posts:

  1. Purchasing For Your Baby On The Net: A Basic Overview
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  3. The Greatest Instructional Toys For Toddlers
  4. High Ten Baby Presents ? Purchase Child Present Gadgets That Are Needed
  5. 5 Simple & Inexpensive Baby Shower Present Ideas.

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Source: http://www.emmiemagazine.com/best-virtual-pets.html

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Friday, November 18, 2011

UK Iraq Inquiry report delayed (AP)

LONDON ? Britain's Iraq Inquiry said Wednesday it must delay its final report by at least six months because of negotiations regarding classified documents.

The inquiry, headed by Sir John Chilcot, is examining mistakes made before and after the 2003 U.S.-led invasion of Iraq.

It was expected to publish before the end of this year its report on whether then-Prime Minister Tony Blair's government overstated the case for invasion and failed to prepare for the task of nation building.

But the Iraq Inquiry said on its website Wednesday that it will need at least until summer 2012 to produce a draft report. It blamed the delay on getting hold of classified papers, saying the inquiry still needs to negotiate the declassification of a "significant volume" of material.

"Very considerable progress has already been made, but there is still much to be done," a message posted on the inquiry's website said. It has made clear that it will need government cooperation to get that done in a "timely manner."

The Iraq Inquiry won't assign blame or criminal liability but is expected to make recommendations for handling future conflicts.

Over two years, the inquiry took evidence from political leaders such as Tony Blair, military chiefs and advisers. It also met with bereaved families, visited the U.S. and France, and held private sessions with intelligence officers.

The final report will be submitted to Prime Minister David Cameron.

Source: http://us.rd.yahoo.com/dailynews/rss/britain/*http%3A//news.yahoo.com/s/ap/20111116/ap_on_re_eu/eu_britain_iraq_inquiry

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Special Forces Equals Green Berets. Got it? (Providence Journal)

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Thursday, November 17, 2011

Video: Arab League gives Syria 3-day ultimatum

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Source: http://www.msnbc.msn.com/id/21134540/vp/45330801#45330801

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"Situation" sues Abercrombie & Fitch over ad campaign (Reuters)

(Reuters) ? "Jersey Shore" star Michael "The Situation" Sorrentino on Tuesday sued retailer Abercrombie & Fitch over what he claims was a publicity stunt to sell clothes using phrases associated with the reality TV actor.

The complaint, filed by Sorrentino and his company MPS Entertainment in federal court in southern Florida, stems from an offer Abercrombie & Fitch publicized in August to pay cast members of the hit TV show not to wear the company's apparel.

The offer, which Sorrentino claims was false, made headlines worldwide because typically companies want celebrities to use their products for promotion, but the "Jersey Shore" cast is known for partying and other qualities with which the company said it did not want to associate.

In August, the company said it was "deeply concerned" that Sorrentino "could cause significant damage" to its brand's "aspirational nature." Sorrentino, however, thinks the company had something else in mind, according to the lawsuit.

"Starting in August 2011, Defendant (the company) embarked on a grand, worldwide advertising campaign using Sorrentino's name, image and likeness to create brand awareness for its products by falsely claiming that Defendant had offered money to Sorrentino if he would stop wearing Defendant's goods," the lawsuit states.

"That offer was never made to Sorrentino, nor was it ever conveyed to Sorrentino by a representative," the suit states.

The suit claims the company "has significantly profited off of the use of its false affiliation with Sorrentino, and it has wrongly used Sorrentino's name, image and likeness for advertising purposes in violation of applicable law."

The suit targeted two of the clothing retailer's T-shirt designs featuring the phrases "The Fitchuation" and "GTL...You Know The Deal," and claimed Abercrombie & Fitch "obviously intended to create a false association" with the "Jersey Shore" star when it released it's statement in August.

An Abercrombie & Fitch spokesman was not immediately available to comment.

Sorrentino and MPS Entertainment trademarked his "Jersey Shore" nickname, "The Situation" and catchphrase "GTL" -- an acronym for gym, tan, laundry -- in 2009, after the first season of MTV's "Jersey Shore" became widely popular.

Sorrentino sells his own "GTL" and "The Situation" branded products, including T-shirts, on his official website.

MTV's "Jersey Shore" is a reality series following a group of young Italian-American men and women living, working and partying together.

The popularity of the show has earned great fame for its cast members, including Sorrentino, Nicole "Snooki" Polizzi and Paul "Pauly D" DelVecchio. All of them have branched out into endorsing and marketing their own products.

(Reporting and Writing by Piya Sinha-Roy; Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/tv/*http%3A//news.yahoo.com/s/nm/20111116/tv_nm/us_thesituation

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Wednesday, November 16, 2011

Secret Google X lab chases wild dreams

In a top-secret lab in an undisclosed Bay Area location where robots run free, the future is being imagined.

Google is said to be considering the manufacture of its driverless cars in the United States.

It?s a place where your refrigerator could be connected to the Internet, so it could order groceries when they ran low. Your dinner plate could post to a social network what you?re eating. Your robot could go to the office while you stay home in your pajamas. And you could, perhaps, take an elevator to outer space.

These are just a few of the dreams being chased at Google X, the clandestine lab where Google is tackling a list of 100 shoot-for-the-stars ideas. In interviews, a dozen people discussed the list; some work at the lab or elsewhere at Google, and some have been briefed on the project. But none would speak for attribution because Google is so secretive about the effort that many employees do not even know the lab exists.

Although most of the ideas on the list are in the conceptual stage, nowhere near reality, two people briefed on the project said one product would be released by the end of the year, although they would not say what it was.

?They?re pretty far out in front right now,? said Rodney Brooks, a professor emeritus at M.I.T.?s computer science and artificial intelligence lab and founder of Heartland Robotics. ?But Google?s not an ordinary company, so almost nothing applies.?

At most Silicon Valley companies, innovation means developing online apps or ads, but Google sees itself as different. Even as Google has grown into a major corporation and tech start-ups are biting at its heels, the lab reflects its ambition to be a place where ground-breaking research and development are happening, in the tradition of Xerox PARC, which developed the modern personal computer in the 1970s.

A Google spokeswoman, Jill Hazelbaker, declined to comment on the lab, but said that investing in speculative projects was an important part of Google?s DNA. ?While the possibilities are incredibly exciting, please do keep in mind that the sums involved are very small by comparison to the investments we make in our core businesses,? she said.

At Google, which uses artificial intelligence techniques and machine learning in its search algorithm, some of the outlandish projects may not be as much of a stretch as they first appear, even though they defy the bounds of the company?s main Web search business.

For example, space elevators, a longtime fantasy of Google?s founders and other Silicon Valley entrepreneurs, could collect information or haul things into space. (In theory, they involve rocketless space travel along a cable anchored to Earth.) ?Google is collecting the world?s data, so now it could be collecting the solar system?s data,? Mr. Brooks said.

Sergey Brin, Google?s co-founder, is deeply involved in the lab, said several people with knowledge of it, and came up with the list of ideas along with Larry Page, Google?s other founder, who worked on Google X before becoming chief executive in April; Eric E. Schmidt, its chairman; and other top executives. ?Where I spend my time is farther afield projects, which we hope will graduate to important key businesses in the future,? Mr. Brin said recently, though he did not mention Google X.

Google may turn one of the ideas ? the driverless cars that it unleashed on California?s roads last year ? into a new business. Unimpressed by the innovative spirit of Detroit automakers, Google now is considering manufacturing them in the United States, said a person briefed on the effort.

Google could sell navigation or information technology for the cars, and theoretically could show location-based ads to passengers as they zoom by local businesses while playing Angry Birds in the driver?s seat.

Robots figure prominently in many of the ideas. They have long captured the imagination of Google engineers, including Mr. Brin, who has already attended a conference through robot instead of in the flesh.

Fleets of robots could assist Google with collecting information, replacing the humans that photograph streets for Google Maps, say people with knowledge of Google X. Robots born in the lab could be destined for homes and offices, where they could assist with mundane tasks or allow people to work remotely, they say.

Other ideas involve what Google referred to as the ?Web of things? at its software developers conference in May ? a way of connecting objects to the Internet. Every time anyone uses the Web, it benefits Google, the company argued, so it could be good for Google if home accessories and wearable objects, not just computers, were connected.

Among the items that could be connected: a garden planter (so it could be watered from afar); a coffee pot (so it could be set to brew remotely); or a light bulb (so it could be turned off remotely). Google said in May that by the end of this year another team planned to introduce a Web-connected light bulb that could communicate wirelessly with Android devices.

One Google engineer familiar with Google X said it was run as mysteriously as the C.I.A. ? with two offices, a nondescript one for logistics, on the company?s Mountain View campus, and one for robots, in a secret location.

While software engineers toil away elsewhere at Google, the lab is filled with roboticists and electrical engineers. They have been hired from Microsoft, Nokia Labs, Stanford, M.I.T., Carnegie Mellon and New York University.

A leader at Google X is Sebastian Thrun, one of the world?s top robotics and artificial intelligence experts, who teaches computer science at Stanford and invented the world?s first driverless car. Also at the lab is Andrew Ng, another Stanford professor, who specializes in applying neuroscience to artificial intelligence to teach robots and machines to operate like people.

Johnny Chung Lee, a specialist in human-computer interaction, came to Google X from Microsoft this year after helping develop Microsoft?s Kinect, the video game player that responds to human movement and voice. At Google X, where he is working on the Web of things, according to people familiar with his role, he has the mysterious title of rapid evaluator.

Because Google X is a breeding ground for big bets that could turn into colossal failures or Google?s next big business ? and it could take years to figure out which ? just the idea of these experiments terrifies some shareholders and analysts.

?These moon-shot projects are a very Google-y thing for them to do,? said Colin W. Gillis, an analyst at BGC Partners. ?People don?t love it but they tolerate it because their core search business is firing away.?

Mr. Page has tried to appease analysts by saying that crazy projects are a tiny proportion of Google?s work.

?There are a few small, speculative projects happening at any one time, but we are very careful stewards of shareholders? money,? he told analysts in July. ?We are not betting the farm on these.?

A version of this article appeared in print on November 14, 2011, on page A1 of the New York edition.

This story originally appeared in The New York Times

Source: http://www.msnbc.msn.com/id/45289859/ns/technology_and_science-the_new_york_times/

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6 bricklayers working at school killed in Mexico (AP)

CIUDAD JUAREZ, Mexico ? Police have found the bodies of six bricklayers who were working on a new elementary school in the northern state of Chihuahua. Two of them were mutilated.

Chihuahua state prosecutors say in a Monday statement that the men were found Sunday in a rural area of the town of Bocoyna, where they were building a school.

Prosecutors say one man was decapitated and another had his hands cut off. All had their throats slit.

They said the men bled to death and were later shot. Authorities found 25 spent bullet casings at the scene.

Prosecutors didn't have a motive or any suspects in the killings.

Chihuahua state is on the border with Texas and has seen a spike in violence as the Sinaloa and Juarez drug cartels fight for control of lucrative smuggling routes.

Source: http://us.rd.yahoo.com/dailynews/rss/mexico/*http%3A//news.yahoo.com/s/ap/20111114/ap_on_re_la_am_ca/lt_mexico_violence

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Eventbrite Easy Entry app looks to make organizers' lives a little easier

Eventbrite Easy Entry

If you're an event organizer and are looking to make organizing events a little easier, maybe take a look at Evenbrite's Easy Entry Android app. It aims to make running a live event much easier on the organizers (thus the name, right?). And having gone to an event or 20 over the past few months, we feel pretty safe in saying that any help is appreciated.

Easy Entry lets guests check in by their name, or by scanning a QR code printed on an Eventbrite ticket. The app also tracks live sales and monitors attendace data, so organizers can decide when to shut the doors, and when to sell tickets at the door. Plus, all data is synced to Evenbrite's servers in real time, so you can use multiple devices at a single event.

We've got a few more screen shots and download links after the break.

read more



Source: http://feedproxy.google.com/~r/androidcentral/~3/B_IxAgw9PVY/story01.htm

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Tuesday, November 15, 2011

Afghan conference of elders to discuss US role (AP)

KABUL, Afghanistan ? Despite Taliban threats, about 2,000 Afghan elders will convene this week as President Hamid Karzai seeks support for a security partnership with the U.S. after the scheduled withdrawal of international troops by the end of 2014.

The loya jirga, or grand council, could give Karzai political cover for negotiations over a deal to keep some American troops in Afghanistan for another decade despite opposition from his people and the war-weary U.S. public.

Karzai has set out terms for a possible partnership ? such as banning international troops from entering any Afghan home and taking control of all detention facilities almost immediately ? that have so far been unacceptable to American officials, according to people familiar with the discussions.

The roughly 100,000 U.S. troops currently in Afghanistan operate without any bilateral agreement governing their actions.

Karzai has repeatedly vacillated between criticizing the U.S. for acting unilaterally in Afghanistan and praising his American allies as brothers in arms against the Taliban. It has been difficult to tell in recent months if he is just trying to stoke populist support with his criticism or is really preparing to stand firm on what he sees as a violation of sovereignty.

Few expect the four-day loya jirga, which begins Wednesday, to produce much of substance, both because its legal status is unclear and because there is no draft accord to present to the assembled elders.

Parliamentarians say the meeting is unconstitutional because it sidelines the legislature, which should be the body to decide national issues.

"The real representatives of the people are in parliament. We have been elected. The jirga delegates have only been selected by the administration," said Nasrullah Sadiqizada Nili, a lawmaker from Day Kundi province. Although parliamentarians have been invited, Nili said he and many others would not attend in protest.

"This loya jirga has no legitimacy," Nili said.

Karzai's former presidential challenger, Abdullah Abdullah, ridiculed the idea of Karzai's hand-picking a group of people to represent a national consensus. He said that even the idea of "tribal elder" had been bent to political aims, noting that he was invited as a "dignitary from the Panjshir tribe" though he has no position of leadership in a tribe.

He went on to warn that if people accept this jirga as legal, Karzai could easily call another to try to amend the constitution so that he can run for a third term as president.

"Holding this jirga is illegal. It is against our country's constitution. The goals and aims are confusing. This jirga has hidden goals and whatever decisions are made in this jirga are not acceptable," Abdullah told reporters Sunday.

A spokesman for the meeting said there are no such ulterior motives and that Karzai is simply hoping to get input from a wider cross-section of Afghanistan than that which is represented in parliament.

"This is just the government asking the people their point of view, what they think about whether we should sign a contract with the United States or not," Safiullah Zeer said. He noted that the meeting has been dubbed an advisory loya jirga, to make clear that it does not have any authority to make decisions. He said any partnership agreement will have to be approved by parliament before it becomes binding.

The 2,030 delegates will form some 40 committees to discuss issues involving the partnership, along with possibilities for peace with the Taliban, Zeer said.

The Taliban have condemned the meeting as an attempt by the U.S. to justify a permanent presence in Afghanistan, promising to launch attacks to disrupt it.

The U.S. "will practice absolute freedom, will not abide by any Afghan stipulations and will continue its military operations and presence as long as it wants," the Taliban said in a statement issued Monday.

The insurgent group also claimed to have obtained a copy of security plans for the conference and said it would use the plans to attack the meeting. The Afghan government and NATO forces said the document, posted on the Taliban's website, was a forgery.

Much of Kabul went into a security lockdown ahead of the meeting, with extra roads closed and intelligence agents swarming around the meeting hall on the outskirts of the city. At the last such meeting ? a "peace jirga" held last June ? Taliban insurgents fired into the tent, disrupting the gathering but causing no casualties. Since then, a new hardened structure has been built that should in theory be less vulnerable to incoming fire.

____

Amir Shah and Rahim Faiez contributed to this report from Kabul.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111115/ap_on_re_as/as_afghanistan

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