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Saturday, October 4, 2008

The U.S. Senate passed a revised bailout bill designed to help the struggling U.S. financial economy, which has measures nearly identical to the bill rejected by the U.S. House of Representatives on Monday.

“Senate Democrats and Republicans believe it is essential that we work quickly on this important legislation to restore confidence to our financial system and strengthen the economy,” said Senate Majority Leader Harry Reid.

The new revisions include raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House.

Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives.

Vice President of Taxpayers for Common Sense, Steve Ellis, offered his explanation for the pork and earmarks added in. “People who support some of these provisions will forget about the $700 billion and concerns they may have on that, and say, ‘If you give me a few million in tax breaks for my constituents, I’ll go along'”.

The tactic seems to have worked, however, managing to flip enough votes to pass the bill.

“The inclusion of parity, tax extenders and the FDIC increases has caused me to reconsider my position,” said Representative Jim Ramstad (R Minnesota), who voted against the previous bill on Monday. “All three additions have greatly improved the bill.”

But Representative Marcy Kaptur (D Ohio) was not changing her no vote. “I will not support this legislation because it’s the wrong medicine,” she said.

The Senate took H.R.1424, a bill originating in the House concerning “equity in the provision of mental health and substance-related disorder benefits under group health plans, to prohibit discrimination on the basis of genetic information with respect to health insurance and employment,” and extended it with the bailout provisions.

H.R.1424 was introduced on March 9, 2007, by Rep. Patrick Kennedy (RI-1) and had the support of First Lady Rosalind Carter. It is noted on the Congressional Website that “On 10/1/2008, the Senate passed H.R.1424 as the vehicle for the economic rescue legislation. In the EAS version of the bill (Engrossed Amendment as Agreed to by the Senate), Division A (pp.1-110) is referred to as the Emergency Economic Stabilization Act of 2008; Division B (pp. 110-255) is referred to as the Energy Improvement and Extension Act of 2008; and Division C (pp. 255-441) is referred to as the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.” It was not treated as an appropriations bill in the House.

There were two votes in the Senate. The first was to amend H.R.1424, which required 3/5 to be accepted, which it was. The second was a vote on the bill. Passage of the Bill required only a 1/2 majority. It was passed with 74 yeas and 25 nays. Senator Kennedy did not vote.

Wednesday, January 28, 2009

The BBC have announced the appointment of Bob Shennan as controller for BBC Radio 2 and BBC 6 Music. Shennan was previously controller at news and sports station BBC Radio Five Live and head of Channel 4‘s abortive 4 Digital Group radio venture. Channel 4 had won a licence to launch three digital radio stations but dropped the plans at an advanced stage in the face of the economic downturn.

At Five Live Shennan increased listening figures to 7 million. Critics claimed that this was achieved through the introduction of phone-in shows and a decline in coverage of harder news. He also launched the part-time digital-only station BBC Radio Five Live Sports Extra.

The BBC’s director of Audio and Music told The Stage that Shennan is “an outstanding leader with extensive radio experience and a proven track record in station management”. He said that “Bob’s energy, enthusiasm and passion for Radio 2 will ensure that the station remains creative and vibrant, and continues to offer unique programmes to the widest possible audience”.

Radio 2 is Britain’s most popular radio station with 13.06 million listeners and a 16% share. 6 Music is the network’s digital-only sister station. The post of controller became vacant last year when Lesley Douglas resigned following the scandal over crude phone calls made by Russell Brand and Jonathan Ross to actor Andrew Sachs during a pre-recorded music programme.

Friday, November 4, 2011

Anglo American PLC has negotiated a price of US$5.1 billion to buy 40% of diamond giant De Beers from the Oppenheimer family. Anglo’s stake will jump from 45% to either 75% or 85%; the Botswanan government has an option to increase its own stake.

“This has been a momentous and difficult decision as my family has been in the diamond industry for more than 100 years and part of De Beers for over 80 years,” said De Beers chairman Nicky Oppenheimer. The Oppenheimers are selling their entire remaining stake in the company they took over in the 1920s. They retain 2% of Anglo, founded in 1917 by Sir Ernest Oppenheimer. Until Nicky’s resignation this year Anglo’s board has always featured an Oppenheimer.

As-of June De Beers assets totalled US$8.2 billion with US$1.2 billion pre-tax profit over the prior six months, compared to a US$863 million pre-tax profit last year. The firm owns two Canadian mines and one in South Africa, along with joint ownership with Botswana in two of the world’s biggest diamond mines.

Part of the sale deal promises the Oppenheimers will be given part of any value increase if the firm is floated within two years. Nonetheless, Anglo CEO Cynthia Carroll denied this means a flotation is planned. She also said there is no connection between the purchase, which is set to be finalised next year, and Chilean state-owned copper firm Coldeco’s recent major purchase of 49% of various Anglo property. The Oppenheimers receive 20% of any price increase if a float occurs within a year, and 10% if one happens the year after.

Wednesday, February 13, 2008

Ren and Stimpy. Bugs Bunny. Philip J. Fry and Professor Hubert Farnsworth on Futurama. Sparx. Bi-Polar Bear. Popeye the Sailor Man. Woody Woodpecker. You may not think you have ever heard Billy West, but chances are on a television program, a movie, a commercial, or as Howard Stern’s voice guru in the 1990’s, you have heard him. West’s talent for creating personalities by twisting his voice has made him one of a handful of voice actors—Hank Azaria and the late Mel Blanc come to mind—who have achieved celebrity for their talent. Indeed, West is one of the few voice actors who can impersonate Blanc in his prime, including characterizations of Bugs Bunny, Daffy Duck, Elmer Fudd and other characters from Warner Bros. cartoons.

What is the fulcrum in Mr. West’s life that led him to realize a talent to shape personalities with his voice, and how did the discovery of that gift shape him? Wikinews reporter David Shankbone found that like many great comedians, West faced more sour early in life than he did sweet. The sour came from a physically and emotionally abusive alcoholic father (“I could tell you the kind of night I was going to have from the sound of the key in the door or the way the car pulled up.”), to his own problems with drug and alcohol use (“There is a point that you can reach in your life where you don’t want to live, but you haven’t made the decision to die.”).

If sin, suffering and redemption feel like the stages of an endless cycle of American existence, West’s own redemption from his brutalized childhood is what helped shape his gift. He performed little bits to cheer up his cowed mother, ravaged by the fact she could not stop her husband’s abuse of young West. “I was the whipping boy and she would just be reduced to tears a lot of times, and I would come in and say stuff, and I would put out little bits just to pull her out of it.”

But West has also enjoyed the sweet. His career blossomed as his talent for creating entire histories behind fictional characters and creatures simply by exploring nuance in his voice landed him at the top of his craft. You may never again be able to forget that behind the voice of your favorite character, there is often an extraordinary life.

Below is David Shankbone’s interview with renowned voice actor Billy West, who for the first time publicly talks about the horrors he faced in his childhood; his misguided search for answers in anger, drugs and alcohol; and the peace he has achieved as one of America’s most recognizable voice actors.

Friday, November 20, 2009

Parts of the English Lake District in the county of Cumbria have suffered severe flooding on Thursday, with forecasters predicting further rain. As of 21:09 GMT there were six severe flood warnings (the highest alert in the UK Flood Warnings system) in force in the county, with a large number of flood warnings and watches also in force across the region.

According to BBC News, the main street in the town of Cockermouth is under several feet of water, and around 200 people were being evacuated by helicopters. At least 350 homes in the Elliot Park district of Keswick are also reported to be without power.

A number of local roads are flooded (including the A6 in Kendal). The West Coast Main Line railway is also reported as subject to disruption due to flooding between Oxenholme and Carlisle. Some mainline services are terminatingat either Carlisle or Preston. Local services between Carlisle and Barrow are also reported to have delays.

Some properties in Keswick, Cockermouth and Kendal had already been evacuated under pre-existing emergency plans.

Robert Runcie, the Environment Agency‘s director of flood and coastal risk was quoted as saying: “After persistent heavy rain combined with saturated ground and full rivers across Cumbria, the decision was taken to evacuate residents in towns and villages across the Lake District, before the onset of serious flooding.”

“Since early on Thursday we have been helping emergency services coordinate community groups that are going house-to-house ensuring people were taking precautions and evacuated where necessary. These emergency plans were established following the Cumbria floods of 2005 and have worked successfully. The last thing we want is floodwater putting lives at risk.”

“We urge people to take care and check the latest flooding situation and sign up to our free flood warnings service or by calling 08459 881188.”

Earlier Cumbrian police had advised against non essential travel, and against fell-walking entirely.Chief Superintendent Kevin McGilloway of Cumbria Constabulary stating “All the agencies are working together with local people to ensure they are kept as safe as possible during the severe weather which is hitting some parts of the county. We are asking people not to travel unless it is absolutely necessary.” He also gave some advice, “Pedestrians in areas where there are floods, such as Cockermouth, Keswick, Penrith and Kendal, are being urged not to attempt to walk through flood waters. Anyone who notices blocked drains are also being urged not to put themselves at risk by attempting to unblock them. The key message is for people who are affected by the floods to be prepared, to try and protect any properties that are liable to flooding. Look out for one another including vulnerable friends and neighbours. Anyone in affected areas should ensure they carry mobile phones, torches, waterproofs and other equipment they may need and ensure they have all essential medication with them.”

In Kendal, demand for sandbags has been high. A spokesperson for South Lakeland council stated:”More than 1,000 sandbags have already been collected from our depot and we have ordered 4,000 more to meet the demand.”

The Mayor of Keswick praised efforts by those involved in the flood response. “It is all hands to the pump, really” he said. “The emergency services are well co-ordinated and have been fantastic.”

Thursday, July 7, 2005

A Florida man is being charged with 3rd degree felony for logging into a private Wi-Fi (Wireless Fidelity) Internet access point without permission. Benjamin Smith III, 41, is set for a pre-trial hearing this month in the first case of its kind in the United States.

This kind of activity occurs frequently, but often goes undetected by the owners of these wireless access points (WAPs). Unauthorized users range from casual Web browsers, to users sending e-mails, to users involved in pornography or even illegal endeavours.

According to Richard Dinon, owner of the WAP Smith allegedly broke into, Smith was using a laptop in an automobile while parked outside Dinon’s residence.

There are many steps an owner of one of these access points can take to secure them from outside users. Dinon reportedly knew how to take these steps, but had not bothered because his “neighbors are older.”