Saturday, January 28, 2012

Fading Gingrich attacks Romney in ad (Reuters)

MIAMI (Reuters) ? Newt Gingrich struggled to regain momentum in the Republican presidential race on Friday as two new polls showed him falling behind rival Mitt Romney, who was seen as the winner of the final debate before the Florida primary.

The White House contenders courted Florida's sizable Hispanic vote, many of them Cubans, with appearances on Friday at the Hispanic Leadership Network, where Romney received an unusually warm reception and the reaction to Gingrich was more sedate.

Bouncing back after losing the South Carolina primary to Gingrich on Saturday, Romney had an 8-percentage point lead over him in a Reuters/Ipsos poll released on Friday. A Quinnipiac University poll gave him a 9-percentage point edge.

The Reuters/Ipsos online poll gave Romney 41 percent and Gingrich 33 percent ahead of Saturday's contest.

That margin is similar to three polls released on Thursday that all showed Romney taking control of the battle in Florida, where the former Massachusetts governor enjoys a financial and organizational advantage over Gingrich.

Romney battered the former House of Representatives speaker in two debates this week, wounding him in the same format that has helped fuel Gingrich's campaign.

"With the debates now over, Gingrich will need some other way to reverse the tide that appears to be going against him," Quinnipiac University pollster Peter Brown said.

Tuesday's Florida primary is the fourth contest in the state-by-state battle for the Republican nomination to challenge President Barack Obama, a Democrat, in the November 6 U.S. election. Romney won in New Hampshire and former Senator Rick Santorum won the first contest in Iowa.

Romney repeatedly attacked Gingrich at Thursday's debate in Florida, scoring points on immigration, candidates' finances and even lunar exploration.

"That was Romney on Red Bull," Republican strategist Ron Bonjean said. "You could tell Newt was tired, he's carrying a heavy load. He was counting on pure momentum to carry him through Florida, and that momentum has stopped."

At a campaign event in Cape Canaveral, Florida, Romney reminded the crowd of his debate performance.

"How about that debate last night? Wasn't that fun?" Romney asked. "I've had the fun of two debates where I had to stand up and battle, and battling was fun."

'CUBA WILL BE FREE'

An energized Romney, whom Gingrich has described as the most anti-immigrant candidate in the Republican race, won several standing ovations from the Hispanic crowd in Miami earlier on Friday.

"There is a time coming soon when Cuba will be free," Romney told them, adding "America can't sit back" in dealing with the island nation off the coast of Florida.

Gingrich received a much quieter response, once again mocking Romney's call for "self-deportation" of illegal immigrants as "a fantasy. It's not a solution."

Gingrich said the concept might work for younger illegal immigrants who had been in the United States a short time, but not for older immigrants with deep family ties. They should be allowed to apply for citizenship through local councils similar to draft boards, he said.

A Florida win for Romney would put him in a strong position to capture the nomination as the primary map tilts in his favor in February with contests in seven states where he has the potential for strong showings.

Next up on February 4 is Nevada, where Romney won with 51 percent of the vote during his failed 2008 presidential bid. On February 7 Minnesota and Colorado hold caucuses and Missouri holds a primary. Gingrich did not make the ballot in Missouri.

Four of the states with February contests - Nevada, Maine, Colorado and Minnesota - use caucus systems, which often require greater organization to rally voter turnout. That could help Romney take advantage of his superior financial and staff resources.

On February 28, Michigan and Arizona hold primaries. Romney was raised in Michigan, where his father was a governor and car executive.

A new Gingrich television ad in Florida asked: "What kind of man would mislead, distort and deceive just to win an election?"

"This man would be Mitt Romney," the ad's narrator said.

Romney's camp said the sharp tone from Gingrich was a sign he was desperate to distract from his own record as House speaker, where he faced an ethics probe, and as a consultant with mortgage giant Freddie Mac.

"It is laughable to see lectures on honesty coming from a paid influence peddler who suffered an unprecedented ethics reprimand, was forced to pay a $300,000 penalty, and resigned in disgrace at the hands of his own party," Romney spokeswoman Andrea Saul said.

(Additional reporting by Ros Krasny; writing by John Whitesides; editing by Alistair Bell and Mohammad Zargham)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120128/ts_nm/us_usa_campaign

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Friday, January 27, 2012

Dirty Money

For starters, the mere fact that your country contains a lot of oil offers no special reason to subsidize gasoline consumption. For one thing, gasoline isn?t oil. Like other usable fuels, it needs to be refined from crude. Iran is actually a net importer of refined petroleum products, and the United States has recently become a net exporter of them, even as the situation for crude oil is the reverse. More broadly, the opportunity cost of using a domestically produced barrel of oil is identical to the financial cost of buying a barrel on international markets. In other words, if the Japanese government wants to offer subsidized oil to its citizens, it needs to go buy the oil first from Saudi Arabia. By the same token, if the Saudi government wants to offer subsidized oil to its citizens, it needs to sell less to Japan. The budgetary impact is identical in either case and the merits of the policy have nothing to do with how much oil a country has.

Source: http://feeds.slate.com/click.phdo?i=7f9afd00830d0c88206f4f962b6bc16e

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Thursday, January 26, 2012

Transformers: Dark of the Moon clip breaks down shooting movies, special effects in 3D (video)

The Transformers: Dark of the Moon Blu-ray doesn't hit the streets officially until next week, but you can get a look at one of the special features early right here. In this video clip director Michael Bay and other members of the production team explain some of the special challenges that came with shooting the special-effects heavy movie in 3D. It required changes to his usual frenetic cutting style with fewer pans and longer shots, as well as extra work by the editors on each element of animation overlaid on each frame. For a longer discussion about the background of shooting the flick you can check out an interview featuring Bay and 3D-master James Cameron here, otherwise just press play, or check out the press release after the break for a full list of special features included when he disc debuts January 31st.

Continue reading Transformers: Dark of the Moon clip breaks down shooting movies, special effects in 3D (video)

Transformers: Dark of the Moon clip breaks down shooting movies, special effects in 3D (video) originally appeared on Engadget on Thu, 26 Jan 2012 23:02:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/01/26/transformers-dark-of-the-moon-clip-breaks-down-shooting-movies/

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New Mexico Is Stretching, Slowly but Surely (Time.com)

Getty Images

Getty Images

The Rio Grande Rift

The driving distance between Phoenix and Dallas is getting farther. It?s a minuscule difference ? not even a millimeter a year ? but it?s a tangible phenomenon, and you can blame on the middleman: New Mexico. The Rio Grande Rift, the fault line that bisects the southwestern state, is bursting at the seams, pushing apart New Mexico?s borders and stretching the land around it.

But don?t expect to straddle the fault line and have your legs ripped out from under you, unless you have centuries to wait:? the state is getting just one inch wider every 40 years. Scientists calculate the Rio Grande Rift?s pace of expansion as approximately 1.2 nanostrains per year. So it?s less an expanding waistline than a stretchmark. Still, it?s having an effect on hundreds of miles of surrounding terrain. According to the group of seven scientists from New Mexico, Colorado and Utah, who studied the Rio Grande Rift for more than four years before releasing their findings in the January 2012 issue of Geology Magazine, the pull of the canyon isn?t a localized problem.

(PHOTOS: Along the Rio Grande, Scenes of a Tense Border)

?We didn?t expect it to be so spread out,? University of Colorado geophysicist Anne Sheehan told the Albuquerque Journal. Indeed, the rift?s movement hasn?t been absorbed into the land directly around it, leading to a widespread stretching and rucking that has affected terrain in a radius of hundreds of miles ? and maybe even more, stretching not just New Mexico but Texas and Arizona as well.

The research team calls it a ?distributed deformation,? but we prefer to think of it as an America-shaped piece of taffy stretching endlessly, slowly but surely. And that should give you an idea of what will happen if this rifting phenomenon keeps occurring.? It?s hardly a visible effect, but it?s an unexpected feature of the ever-changing landscape. The scientists plan to continue monitoring the 25 GPS units they?ve set up in the region to see if the pace keeps up. They?re not yet sure if the rifting puts the geology of the region in peril. The stretching of the Earth?s surface is easier to see at the edges of tectonic plates, where there are typically volcanoes or mountains, but movement on an continental rift is more mysterious. Fortunately, at the paltry rate it?s happening, scientists will have centuries, if not millennia, to come up with a game plan for dealing with it.

LIST: Top 10 U.S. News Stories of 2011

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//us.rd.yahoo.com/dailynews/external/time_rss/rss_time_us/httpnewsfeedtimecom20120122newmexicoisstretchingslowlybutsurelyxidrssnationyahoo/44272964/SIG=136d57fuh/*http%3A//newsfeed.time.com/2012/01/22/new-mexico-is-stretching-slowly-but-surely/?xid=rss-nation-yahoo

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Wednesday, January 25, 2012

Verizon Q4 releases Q4 results, revenues up 7.7%, subscribers up 1.5 million

Verizon has released their Q4 2011 financial results and they seem to have done fairly well for themselves -- 18.3 billion in gross profits, up 7.7%. Wireless revenue was up 13% with data revenue up 19.2%. (That's why carriers want iPhones on their network.)


Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/E3kpotL4Fmk/story01.htm

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Romney talks housing, ends up defending banks

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, is licked by Napoleon the dog as he campaigns in Lehigh Acres, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Charles Dharapak)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, is licked by Napoleon the dog as he campaigns in Lehigh Acres, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Charles Dharapak)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets residents as he campaigns in front of a foreclosed home in Lehigh Acres, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Charles Dharapak)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, greets residents as he campaigns in Lehigh Acres, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Charles Dharapak)

(AP) ? Republican presidential candidate Mitt Romney came to ground zero of the housing crisis Tuesday to assail rival Newt Gingrich over his ties to the government-backed mortgage companies that helped make it worse, a message Romney has been pushing since he landed in the state. But that meant he also had to talk about banks ? and he continued what's become a habit of comparing companies to people.

Romney was standing outside a Fannie Mae-foreclosed home in a struggling neighborhood telling a small crowd why they're having so much trouble. "In this case, it's because of the banks," he explained. "Well, the banks aren't bad people. They're just overwhelmed right now."

During a Monday roundtable with business owners struggling in Florida's hobbled housing market, the former Massachusetts governor told the group that their troubles with banks came because the lenders were worried about staying in business.

"The banks are scared to death, of course," he said. "They're feeling the same thing that you're feeling. And so they just want to pretend that all this is just going to get paid some day."

Both comments echoed the now-famous line Romney delivered from a hay bale at the Iowa state fair: "Corporations are people, my friend!"

They're also part of a string of comments Romney has made that his opponents have used to pummel him as wealthy and out of touch with average Americans. Ahead of the New Hampshire primary, he said he once feared being "pink-slipped" and later said "I like to fire people." He was referring to insurance companies, but both Democrats and his Republican rivals attacked him for it.

In calling corporations people, Romney meant that the money companies make benefits individuals and ultimately employs people and creates jobs. And in Florida, he's been trying to explain that banks are scared they'll go out of business because so many people have stopped paying their mortgages. He's also argued that regulations passed during the Obama administration give banks less flexibility if they're trying to help consumers renegotiate the terms of their mortgages.

He's focusing on the housing market because it's a critical issue in Florida, where the GOP primary will be held on Jan. 31. Gingrich, his chief rival, earned more than $1.6 million working as a consultant to Freddie Mac. The mortgage giant was heavily involved in the subprime lending business that helped drive the housing bubble.

"Housing has become a mess in large measure because the government got in the middle of it," Romney said. "I'm running against a guy, as you know, in this primary, who was out there working for one of those guys in the case of Freddie Mac."

Freddie Mac, a government-sponsored enterprise, was originally designed to help more people get access to mortgages to buy homes.

Romney himself hasn't outlined any specific proposals to help fix the housing market. He says improving the economy will allow Americans to regain their footing and keep their homes.

Since coming to Florida, though, he's softened his rhetoric. Last year, he told the Las Vegas Review-Journal that the government should let the foreclosure crisis "run its course and hit the bottom." Now, he's saying the housing market needs to be "reset" so that the American economy can "rebuild."

"The distress they're feeling here was heartbreaking," Romney told reporters after the Monday roundtable. "I want to do my very best to help people like that."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-01-24-Romney/id-9f8702dbd98b42d49d5b9f8ad7e62c9d

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Tuesday, January 24, 2012

UK trial of 9 on US Embassy terror plot begins (AP)

LONDON ? Nine men suspected of plotting attacks on the U.S. Embassy and the London Stock Exchange are to go on trial in London.

Prosecutors say the men arrested in December 2010 in the largest British anti-terror raid in two years had planned to blow up several prominent buildings. All have pleaded not guilty to conspiring to cause explosions. Their trial is scheduled to begin at Woolwich Crown Court in south London on Monday.

The men are aged between 20 and 30 and were arrested in London, Cardiff and Stoke-on-Trent in central England.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_re_eu/eu_britain_terror_trial

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