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Silicon Valley Shifting to Power Grid After Solar Sours
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Bloomberg News, by Andrew Herndon & Christopher Martin
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Posted By: Ribicon- 2/25/2013 4:53:46 PM
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Silicon Valley investors that helped build the solar industry are shifting cash into electricity-grid technology and energy-storage developers after bets on panel manufacturers failed to pay off. Companies including VantagePoint Capital Partners and Khosla Ventures are stepping up funding for systems to manage electricity, which are typically less capital intensive than solar-panel factories. Venture capital and private-equity financing for renewables dropped to its lowest in at least six years in 2012, according to data compiled by Bloomberg.(Snip) Investment flowing from private equity and venture capital firms into renewable energy fell 34 percent to $5.75 billion last
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John Kerry refuses to back Britain in battle over Falklands as new US Secretary of State starts first global tour in London
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Daily Mail (UK), by Matt Chorley
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Posted By: JoniTx- 2/25/2013 4:49:13 PM
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New US Secretary of State John Kerry today refused to back Britain´s stance in the battle with Argentina over the future of the Falklands, after starting his first overseas trip in London. Mr Kerry pointedly refused to support next month´s referendum among Falklanders on whether they want to remain British. The issue is thought to have been raised by Foreign Secretary William Hague after Mr Kerry held talks in Downing Street with David Cameron. Scroll down for video - At a press conference in the Foreign Office, standing alongside Mr Hague, Mr Kerry insisted the US position
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Liberal groups lay out blueprint for attack on state leaders
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WRAL.com (NC), by Mark Binker
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Posted By: Maryland_Patriot- 2/25/2013 4:47:07 PM
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Raleigh, N.C. — A strategy memo circulated recently among liberal-leaning groups prescribes "crippling" legislative leaders and Gov. Pat McCrory with bad press and pressure tactics. The memo, which was first reported by The Charlotte Observer, details communications strategy, political tactics and polling data that progressive groups can use to push the policy agenda in Raleigh, where Republicans control both the governor´s mansion and the legislature. According to documents included with the memo and interviews, the strategy outline was produced by Myers Research and Strategic Services for Project New America. It was originally provided to Progress North Carolina, a liberal nonprofit
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Why is Wal-Mart worried? Payroll tax could cut consumer spending. (+video)
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Christian Science Monitor, by Husna Haq
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Posted By: Maryland_Patriot- 2/25/2013 4:40:35 PM
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NEW YORK Retailers are preparing for a triple whammy as the restoration of the payroll tax, surging gas prices, and stagnant employment and wages take a bite out of consumers’ disposable income, leaving them with less cash to spend on clothing, groceries, and eating out. As a result, more than three years after the recession officially ended, American consumers might be preparing to downshift again, if only slightly, with low-income consumers hit the hardest. Sensing consumer trepidation, retailers are scrambling to adjust. Retailers, restaurants, and consumer goods companies like Wal-Mart are lowering sales forecasts
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The ´Footloose´ Fix
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New York Post, by Glenn Harlan Reynolds
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Posted By: Judy W.- 2/25/2013 4:36:01 PM
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Republicans do badly with young voters, and one of the main reasons is that they’re seen as uncool. This is probably unfair — it’s not Republicans who are imposing college speech codes on students — but it’s the perception. As a reader of my blog named Jeff Wimble wrote: “Everything comes down to the movie ‘Footloose.’ For a large majority of people, the political question is, ‘How would the sanctimonious preacher from the movie ‘Footloose’ feel about this subject?’ They answer the question, and then take the opposite position.
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Star Parker: Blacks Who Back Gun Control Need to Study History of Slavery and Jim Crow
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Cybercast News Service, by Penny Starr
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Posted By: Maryland_Patriot- 2/25/2013 4:30:11 PM
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At a Friday event billed as a Black History Month press conference, Star Parker said African Americans in Congress who support gun control efforts by President Barack Obama and his administration should consider the history of blacks in this country and people around the globe who were oppressed, including being banned from owning firearms. CNSNews.com asked Parker, who is the founder and president of the Center for Urban Renewal and Education (CURE): “There are a lot of African Americans and people of color in Congress who are backing Obama’s plan for gun control.
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Wall Street Thrashed as Italy Worries Mount
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Fox Business, by Adam Samson
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Posted By: JoniTx- 2/25/2013 4:21:31 PM
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Capitalism Lives Here-The markets were pummeled Monday in the worst rout since November as traders fretted over the specter that Italian elections may not yield a government. Today´s Markets -The Dow Jones Industrial Average fell 216 points, or 1.6%, to 13784, the S&P 500 slid 27.8 points, or 1.8%, to 1488 and the Nasdaq Composite slumped 45.6 points, or 1.4%, to 3116. The markets came under dramatic selling pressure in late trading on Monday. In a sign of how swift the action was, the VIX, seen as Wall Street´s fear gauge, surged 36% in its biggest jump since November.
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Sen. Coburn urges White House to freeze hiring, curb traveling to ease budget pain
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Fox News, by Staff
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Posted By: JoniTx- 2/25/2013 4:13:28 PM
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A top Republican lawmaker countered warnings about the purportedly devastating impact of looming budget cuts, calling on the administration to lessen the blow by taking two simple steps -- stop hiring, and stop traveling. Sen. Tom Coburn, R-Okla., in a letter to the White House budget office, called Monday for a "hiring freeze" on non-essential positions. He pointed out that, amid pronouncements about the dire impact of spending cuts poised to hit starting this Friday, the administration is still advertising for a host of "lower priority jobs" -- like a staff assistant to answer phones
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Debating ‘House of Cards’ 2: How to Reap the Cable Whirlwind
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New York Times, by DAVID CARR and ASHLEY PARKER
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Posted By: FlyRight- 2/25/2013 4:05:13 PM
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Welcome back to “House of Cards,” the Recap. Today, Ashley Parker and David Carr take on episode two and tease apart the collaborations between the various estates in Washington. Abundant spoilers so proceed at your own viewing peril. If you missed the first installment, you can read it here. More to come in the next few days and in the meantime, please consider weighing in with a comment below.Episode Two Synopsis: With the help of Zoe Barnes, Frank Underwood plants a story that will prove the undoing of Michael Kern, the president’s pick for secretary of state.
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The Pope and the Spy Who Loved Him
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GQ, by Sean Flynn
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Posted By: Drive- 2/25/2013 4:00:23 PM
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The whole thing began, as many cryptic scandals do, with an apparently innocuous phone call. In the spring of 2011, a friend that Gianluigi Nuzzi hadn´t heard from in quite some time asked to meet for coffee in Milan. Nuzzi´s friend didn´t work in journalism, which is Nuzzi´s business, and he didn´t mention that he might have the seeds of a story. At the café they exchanged pleasantries, caught up.
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Treasury gradually unloads GM stock
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United Press International, by Staff
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Posted By: JoniTx- 2/25/2013 3:53:48 PM
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WASHINGTON- The U.S. Treasury Department said it realized $156.4 million from sales of General Motors stock in January. The department is expected to unload its approximately 300 million shares on the open market by the end of 2014. It plans to do so gradually, using a trading plan that has not been made public so that hedge funds cannot corner the market, The Detroit News reported Monday. In January, it sold about 5.4 million shares for $27.61 to $29.16 per share, the News reported. The department, at one point, expected to lose $44 billion in bailouts
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Barack Obama’s Cairo Speech and His Israel Problem
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Daily Beast, by Marty Peretz
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Posted By: StormCnter- 2/25/2013 3:53:30 PM
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Last week President Obama announced he will finally visit Israel. But there’s no guarantee that it will be a pleasant trip. (Snip)Comparisons will inevitably be drawn between Obama’s 2009 trip to Cairo and his impending one to Jerusalem. His fanciful Cairo speech—delivered with no evident recognition that each and every one of the Arab countries was at that moment on the precipice of chaos—was a shoddy and slippery job, historically so misleading on so many matters that one can hardly attribute it to innocent error.
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Sonia Sotomayor rebukes federal prosecutor for racially charged remark against Latinos, blacks
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NBC News, by Pete Williams
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Posted By: US Veteran- 2/25/2013 3:52:56 PM
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A federal prosecutor came in for some biting criticism today from Supreme Court Justices Sonia Sotomayor and Stephen Breyer for a racially charged remark made during a criminal trial. The comment by the justices came as the court declined to hear the appeal of a man who was convicted in a Texas federal court of being in on a drug conspiracy. The issue for the defendant, Bongani Charles Calhoun, was whether he knew that the people he accompanied on a road trip were about to buy illegal drugs, or whether he was merely along for the ride.
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Gas prices set record high for month
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Atlanta Journal-Constitution, by Mike Morris
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Posted By: Ribicon- 2/25/2013 3:51:17 PM
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Gas prices continue to go in the wrong direction. Atlantans were paying an average of $3.79 a gallon for gasoline early Monday, an increase of nearly a dime since a week ago and 67 cents more than the mid-December price. The current national average price is $3.78, and the national average for the month of $3.63 is the highest ever for the month of February, according to AAA. The average has surpassed $4 a gallon in four states, “and a couple others are only a few cents shy of reaching the $4 mark,” said Jessica Brady, a spokeswoman for AAA.
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Napolitano: Cuts will make US more vulnerable to terrorist attack
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The Hill [Washington DC], by Justin Sink
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Posted By: JoniTx- 2/25/2013 3:28:17 PM
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Allowing the $85 billion sequester to go forward will make the United States more vulnerable to a terrorist attack, Homeland Security Secretary Janet Napolitano warned Monday. Napolitano added that the blunt nature of the $85 billion in automatic spending cuts set for March 1 “makes it awfully, awfully tough” to mitigate threats faced by the nation. “I don´t think we can maintain the same level of security at all places around the country with sequester compared to without sequester,” said Napolitano, whose agency includes the Transportation Security Administration.
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Exclusive: Obama Fails to Register ´OrganizingForAction.net´; Site Points to NRA Home Page
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Breitbart Big Government, by Warner Todd Huston
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Posted By: JoniTx- 2/25/2013 3:25:01 PM
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At the beginning of the year, President Barack Obama´s new 501(c)4 political nonprofit, Organizing For Action, was launched with all the usual bells and whistles. But the tech wizards at OFA forgot one important rule in today´s Internet world: Register all the iterations of your website address before someone else does. Now Obama´s team is filing complaints against the folks smart enough to get the addresses before he did. As Obama´s OFA made its debut, no one in his purportedly Internet-savvy campaign had obtained the corresponding .com, .net, .org or .us sites,
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Assailant shoots into SF home with AK-47
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San Francisco Chronicle, by Will Kane
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Posted By: Ribicon- 2/25/2013 3:14:43 PM
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San Francisco — A Sacramento man was arrested early Monday after he shot up a man´s Western Addition home with an automatic rifle, San Francisco police said. Kareem Benton, 42, got into an argument Sunday night with another man on the 1000 block of McAllister Street and followed the man to his home nearby, said Officer Albie Esparza, a police spokesman. Benton then pulled out a fully automatic AK-47 and "sprayed" the man´s home with bullets just after 7:30 p.m., Esparza said. The victim, who was in his home, was shot in the leg and is expected to survive.
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NY Dem warns sequester will crush hope of medical breakthroughs
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The Hill [Washington, DC], by Pete Kasperowicz
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Posted By: KarenJ1- 2/25/2013 3:02:29 PM
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Rep. Carolyn Maloney (D-N.Y.) said Sunday that the sequester could cut millions of dollars in healthcare research in New York, which she said would lead to both job cuts in her state and less research into life-saving medical technologies. "I urge House leadership to avoid triggering a sequestration of federal funding that will impose draconian cuts to the research and development programs that are our hope for the future," Maloney said Sunday. "I am determined to join colleagues in both parties and both houses of Congress to prevent our nation from being forced into this entirely manufactured fiscal crisis."
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Sen. Warren calls automatic budget cuts ‘just plain dumb’
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Boston Herald, by Marie Szaniszlo
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Posted By: JoniTx- 2/25/2013 2:59:15 PM
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Sen. Elizabeth Warren called the automatic cuts in federal spending slated to take effect Friday “just plain dumb,” but the Bay State’s newly minted, but still senior, senator said it’s largely up to congressional leaders to reach a compromise. “The sequester negotiations are mostly with the leadership,” she told reporters this morning before addressing the New England Council. “We all talk, but it’s not happening with every Republican reaching out to every Democrat. Right now, the White House, the leaders in the Senate and the House of Representatives are in negotiations.” Warren called the $85 billion in automatic cuts
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White House raises terror threat, warns illegals could flood borders after sequester cuts
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Washington Times, by Dave Boyer
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Posted By: BuckeyeRon- 2/25/2013 2:58:41 PM
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Upping the ante in the spending showdown with Congress, the Obama administration warned Monday that looming automatic budget cuts will expose the nation to a greater risk of terrorist attack and a new influx of illegal immigrants. “I don’t think we can maintain the same level of security,” said Homeland Security Janet Napolitano. “If you have 5,000 fewer border patrol agents, you have 5,000 fewer border patrol agents.” With $85 billion in mandatory so-called “sequester” cuts due to start taking effect Friday, the administration is putting pressure on Republican lawmakers to raise more tax revenue to postpone at least
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GOP lawmaker: Obama using fake Twitter messages in fight over gun control
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The Hill (Washington, DC), by Pete Kasperowicz
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Posted By: Desert Fox- 2/25/2013 2:52:32 PM
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A Texas Republican on Monday said President Obama´s gun control campaign is a fraud based on fake messages over Twitter. Rep. Steve Stockman (R-Texas) accused Obama of trying to make support for his position look stronger than it really is by flooding Twitter with messages from people who don´t exist. "Obama´s anti-gun campaign is a fraud," Stockman said. "Obama´s supporters are panicking and willing to do anything to create the appearance of popular support, even if it means trying to defraud Congress," he added. "I call upon the president to denounce this phony spam campaign."
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GOP blockade hurts us all
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The Hill [Washington, DC], by Juan Williams
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Posted By: KarenJ1- 2/25/2013 2:50:25 PM
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This week’s upcoming vote to confirm Chuck Hagel as Defense secretary feels joyless and anti-climatic. After a poor performance during his Senate confirmation hearings, he walks into the job looking like a dullard. And where is the victory for Republicans? They succeeded only in making themselves look petty by delaying the vote. They vainly used the time they created to seek dirt with which to smear their fellow Republican, merely because he is President Obama’s nominee. Never before has the minority party in the Senate filibustered a president’s nominee for a Cabinet post,
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Obama’s Gifts to New York
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New York Sun, by Editorial
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Posted By: Drive- 2/25/2013 2:49:16 PM
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What a surprise in the White House list of federal outlays that will be cut in New York State because of the sequester. It turns out that the impact will be largely positive in a state with one of the highest combined tax rates in the country. The White House list is too long to include in its entirety. But the President has cut shrewdly, and here is a sense of it. One big gain will be a $42.7 million savings that taxpayers won’t have to pay to teachers and schools.
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Biden: Americans ´No Longer Worried´ About Economy
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Weekly Standard, by Daniel Halper
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Posted By: Desert Fox- 2/25/2013 2:46:59 PM
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In remarks today at the White House, Vice President Joe Biden said that Americans don´t have the same economic worries they did when President Barack Obama came into office: "The are no longer traumatized by what was a traumatizing event, the great collapse of 2008," said Biden. "They are no longer worried, I think, about our economy being overwhelmed either by Europe writ large, the EU, or China somehow swallowing up every bit of innovation that exists in the world. They are no longer, I think, worried about our economy being overwhelmed beyond our shores.
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I’m Sick of Compromise!
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PJ Media, by Matt Vespa
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Posted By: KarenJ1- 2/25/2013 2:35:42 PM
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In the words of George Will, “gridlock isn’t an American problem. Gridlock is an American achievement.” The media, representatives, and senators all claim to be yearning for some re-entrenchemnt of compromise in government. The American people like it, and left-leaning pundits like it. They say it’s essential to good governance, but history paints a different picture. Compromise was the cancer that kept the institution of slavery alive in the United States. The Compromises of 1820 and 1850 did little to assuage the friction between free states and slave states. Why?
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