Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/169432456?client_source=feed&format=rss
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Sunday, December 4, 2011
Saturday, December 3, 2011
HBT: Theo says Cubs want to keep Garza
As Craig noted in his ?Baseball Wives? recap this morning, my favorite cast member is Jason Kendall?s ex-wife, Chantel Kendall. She happens to be on Twitter, so naturally I creepily attempted to interact this afternoon and ? well, this happened: I?m aiming for an appearance on Season 2. Or maybe a ?Baseball Blogger Wives? spin-off?
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Friday, December 2, 2011
Social-Mobile Game Developer Funzio Aims Its New Title, Modern War, At iOS
Funzio has managed to make hit versions of its first game, Crime City, for both Facebook and iOS devices. That's a rare feat for any company, especially such a small one. Now it's trying again with a role-playing simulation called Modern War, that it's launching first on iOS. The game itself is closely patterned after the iOS version of Crime City. A slick graphical interface lets you move around various battle scenarios, where you click on enemy units and structures on the screen to attack them, and earn virtual cash and experience when you win. You also battle with various other players in a traditional role-playing format where you don't actually do any battling, you just see the resulting losses and point gains. A home base lets you build structures that generate new troops and equipment. The free game has the standard virtual goods revenue model. The virtual cash currency and gold are dual currencies that let you do things like buy new buildings that provide more powerful improvements to your troops.Source: http://feedproxy.google.com/~r/Techcrunch/~3/mMwiG2KfTUo/
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Asian stocks soar on joint central bank action (AP)
BANGKOK ? Asian stock markets soared Thursday after major central banks acted in concert to lower borrowing costs, hoping to prevent a global credit crisis similar to the one that followed the collapse of Lehman Brothers in 2008.
Japan's Nikkei 225 index rose 2.2 percent to 8,619.26. South Korea's Kospi gained 3.7 percent to 1,916.87 and Hong Kong's Hang Seng jumped 5.1 percent to 18,902.57. Benchmarks in Australia, Singapore, Taiwan and mainland China all rose more than 2 percent.
Wednesday's action by the central banks of Europe, the U.S., Britain, Canada, Japan and Switzerland reduces the rates banks must pay to borrow dollars. The move aims to make loans cheaper so that banks can continue to operate smoothly.
Separately, China's central bank on Wednesday reduced bank reserve levels to release money for lending and help shore up slowing growth.
"The moves were cheered by markets, as it shows central banks are willing to work together to ease Europe's sovereign debt crisis," said Stan Shamu of IG Markets in Melbourne. "It seems China now thinks that slowing growth is more of a risk than inflation after cutting its reserve requirements for the first time since 2008."
Chinese banks soared on the news. Hong Kong-listed Industrial & Commercial Bank of China, the world's largest bank by market value, surged 7.7 percent. Bank of China Ltd. jumped 7.5 percent and Agricultural Bank of China, the country's largest rural lender, rose 7.4 percent.
Worries about Europe's financial system ? and the reluctance of the European Central Bank to intervene ? have caused borrowing rates for European nations to skyrocket. Central banks will now make it cheaper for commercial banks in their countries to borrow dollars, the dominant currency of trade.
But while it should ease borrowing for banks, it does little to solve the underlying problem of mountains of government debt in Europe, leaving markets still waiting for a permanent fix. European leaders gather next week for a summit on the debt crisis.
The move sent the Dow Jones industrial average soaring 490 points, its biggest gain since March 2009 and the seventh-largest of all time.
The Dow rose 4.2 percent to close at 12,045. The Standard & Poor's 500 closed up 4.3 percent at 1,247. The Nasdaq composite index closed up 4.2 percent at 2,620.
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Thursday, December 1, 2011
Obama road trip: from payroll tax to campaign cash (AP)
WASHINGTON ? One trip, two money pitches. President Barack Obama wants more money in the pockets of U.S. workers ? and in his campaign treasury.
With both goals in mind, the president was to travel Wednesday to swing-state Pennsylvania to press his case for a bigger temporary payroll tax cut that will boost paychecks. He then will descend on donor-rich New York City to raise money for his already flush re-election bid.
The one-day trip to Scranton, Pa., and New York illustrates the dual policy and political demands on Obama as the 2012 campaign season nears. It also draws attention to the different audiences that politicians must court, particularly in a weak economy.
Obama is pushing Congress to extend and expand this year's payroll tax cut, a move designed to increase consumer demand and boost the economy. If Congress does not act by year's end, the full payroll tax of 6.2 percent would be restored, increasing taxes on 160 million Americans.
To make Obama's case, the Treasury Department on Wednesday released a report listing state-by-state estimates of how many taxpayers received tax breaks under this year's 2 percentage point reduction in the payroll tax. For example, the report states that 6.7 million Pennsylvanians will have received $4.7 billion in tax cuts this year. The figures reflect state populations, with California at the top with 16.7 million workers getting $12.6 billion in tax cuts; Wyoming finished the list with 300,000 workers getting $200 million in tax breaks.
As the deadline approaches, bipartisan political support is building for at least continuing the tax cut ? heading off a politically bruising tax hike. But Obama wants the cost of the payroll tax cut to be made up by an increase in taxes on taxpayers who earn more than $1 million, a trade-off that Republicans reject.
White House adviser David Plouffe on Wednesday described Obama's plan as "a tax cut for 160 million Americans paid for by asking a little over 300,000 millionaires to pay a little bit more."
Appearing on NBC's "Today," Plouffe said: "If we don't extend this working tax, every American would see their taxes go up. In this economy we can't afford it."
In selecting Scranton to make his appeal, Obama is venturing into the birthplace of Vice President Joe Biden and Sen. Bob Casey, the Pennsylvania Democrat who is the author of the payroll tax cut plan in the Senate.
The White House said Obama would meet with a Scranton family in their home before delivering a speech at Scranton High School.
Obama won Pennsylvania with 54 percent of the vote in 2008, but the state of the economy could put it in play in 2012. Its proximity to Washington and its political importance have made it a favorite stopping place for Obama and Biden. The trip comes as Obama steps up his re-election campaign, rolling out two ads that call on supporters to begin to mobilize.
White House spokesman Jay Carney, while conceding that the re-election effort is under way, played down politics as a factor in Obama's Scranton visit.
"It's part of his responsibility, serving the American people, to get out and be among them and to speak with them about his agenda or her agenda," he said.
In New York, Obama will attend three fundraisers: one at a private residence where tickets begin at $10,000; one at the Greenwich Village restaurant Gotham Bar and Grill at $35,800 per ticket; and a reception at the Sheraton Hotel, where tickets begin at $1,000. The money will be split between the Democratic National Committee and the Obama re-election campaign.
Obama also is scheduled to attend a reception celebrating progress on gay rights and the six-month anniversary of New York's approval of gay marriage. Obama has been supportive of gay and lesbian causes but has yet to declare his support for gay marriage.
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Rovio Impersonators Try To Scam Angry Birds Fans In Android Market
With Angry Birds, Rovio found a way to transform normal, healthy people into raging bird-flinging addicts. This isn't really that big of a deal — at least not in most cases — unless some shady app developers begin impersonating Rovio and selling fake apps on the Android Market. Did I mention that some shady app developers have started impersonating Rovio and selling fake apps on the Android Market?Source: http://feedproxy.google.com/~r/Techcrunch/~3/m_VozmP2otM/
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Wednesday, November 30, 2011
PFT: Freefall? DeSean benched, Eagles arguing
APJulian Edelman isn?t just a wide receiver anymore.
Edelman, who?s listed at receiver but has been spending time in the Patriots? secondary this season, has to be considered a real defensive player now that he?s laid his first hard hit on an opposing quarterback. Edelman got a couple of good shots on Eagles quarterback Vince Young on Sunday, tackling Young on a running play and later planting Young into the turf just as Young released a pass.
After the game, Edelman said taking Young to the ground was a lot of fun, but he needs to be careful about it, what with all the NFL rules protecting offensive players.
?Yeah, any time we can get a rush on the quarterback and force him to get the ball out and have our guys make the play, it feels good. And we got off the field, so that play was good,? Edelman told the Boston Herald. ?It?s funny because with all the rules floating around with regards to quarterbacks, I wanted to hit him but do it right. I just did not want to get any kind of penalty and hit him in the right zone.?
Edelman played 16 snaps, primarily covering the slot receiver, as Patriots coach Bill Belichick continues to show (as he did with Troy Brown) that if you?ve got a guy who can play slot receiver, it?s not a stretch to teach him to cover the slot receiver, too. Belichick praised Edelman after the game in Philadelphia.
?Julian?s worked hard on that,? Belichick said. ?He?s had to keep up with what?s going on on offense and also in the kicking game, but he?s worked hard. He?s spent a lot of extra time with [Patriots defensive backs coach] Josh Boyer and kind of splitting time between meetings between offense and defense, and of course he does all the special teams stuff too. He?s worked hard and he?s really been a huge help for us.?
That?s the kind of player Belichick loves.
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