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Ex-MIT dean, son plead
guilty to hedge fund scam
CNN, by Katie Lobosco    Original Article
Posted By: MissMolly- 8/13/2014 4:45:33 AM     Post Reply
The former deputy dean of MIT´s business school and his son agreed to plead guilty Tuesday to operating a $500 million hedge fund scam. Gabriel Bitran, 69, who taught at MIT for 35 years and served as deputy dean at the Sloan School of Business for five, allegedly lied to clients about the return on investments his hedge fund GMB Capital Partners was delivering. His son Marco Bitran, 39, a Harvard MBA, will also plead guilty to the same charges, said U.S. District Attorney Carmen Ortiz. The Bitrans falsely told clients that their hedge fund was delivering annual returns between 16% and 23%,

Man´s rare condition may lead
to new Alzheimer´s treatments
CBS News, by Randy Dotinga    Original Article
Posted By: MissMolly- 8/13/2014 4:42:37 AM     Post Reply
A man with a rare disease has shown scientists that there might be a different way to try to halt the devastating damage of Alzheimer´s disease. A mutation of the apolipoprotein E gene (apoE4) has been shown to raise the chances of developing the memory-robbing condition, and experts have wondered how dangerous it would be to treat the patients by eliminating the protein from the brain. Now, researchers report, the answer might lie in the unusual case of an ill man whose body doesn´t produce the protein at all. While the man has a variety of medical problems linked to a rare

Bacall´s Legend More Than
Just Acting and Bogart
Associated Press, by Hillel Itali    Original Article
Posted By: MissMolly- 8/13/2014 4:36:57 AM     Post Reply
NEW YORK -- Lauren Bacall had one of those incredible lives. The wife and co-star of Humphrey Bogart. A Tony Award-winning actress. A National Book Award-winning author. A giant of fashion. A friend of the Kennedys. One of the last survivors of Hollywood´s studio age. A star almost from the moment she appeared on screen to the day she died, Tuesday, at age 89, at a New York City hospital. "Stardom isn´t a career," Bacall once observed, "it´s an accident." What a lucky accident it turned out to be. Her career was one of great achievement and some frustration. The actress received a Golden Globe

  


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How the UN Oppresses
the Islamic World
PJ Media, by Roger L Simon    Original Article
Posted By: steveW- 8/13/2014 3:55:03 AM     Post Reply
People reading the title of this article should be excused for doing a double-take. To most of us the United Nations has been — especially in the last few decades — a debating society dedicated to the promulgation of anti-Semitism. It seems all the organization does is pass resolutions condemning Israel, that is when they’re not launching investigations of the same country via their Human Rights Council, a latter-day branch of the Wehrmacht, led by posturing Third World bigots, that usually meets at beachfront resorts. Even UN Secretary General Ban Ki-moon has been a tiny bit perturbed of late by

US Sends 130 More Troops to Iraq
Associated Press, by Robert Burns and Lolita C. Baldor    Original Article
Posted By: NorthernDog- 8/13/2014 12:55:18 AM     Post Reply
CAMP PENDLETON, Calif. - Another 130 U.S. troops arrived in Iraq on Tuesday on what the Pentagon described as a temporary mission to assess the scope of the humanitarian crisis facing thousands of displaced Iraqi civilians trapped on Sinjar Mountain and evaluate options for getting them out to safety. Defense Secretary Chuck Hagel announced the deployment in remarks to Marines at this Southern California base on the final stop of a weeklong, around-the-world trip that also took him to India, Germany and Australia. "This is not a combat boots on the ground kind of operation," Hagel said. "We´re not going back

Iraq militants changing tactics,
complicating US airstrike mission
Fox News, by Jennifer Griffin    Original Article
Posted By: NorthernDog- 8/13/2014 12:50:26 AM     Post Reply
Islamic militant forces in northern Iraq appear to be shifting tactics in the face of the newly launched U.S. airstrike campaign, Defense officials say, posing a new challenge to the Obama administration as it seeks to at least slow the terrorists’ advances. According to officials, until now the Islamic State (IS) was behaving like a well-organized army, moving with strategic intent and pursuing military objectives. Now, officials are seeing at least a partial shift to classic insurgency tactics, as militants begin to blend in among the population, making targeting more difficult. “One of the things that we have seen with

´Heroic´ mission rescues
desperate Yazidis from ISIS
CNN, by Dana Ford, Josh Levs    Original Article
Posted By: mitzi- 8/13/2014 12:25:08 AM     Post Reply
The face of 15-year-old Aziza says it all. Her mouth slightly agape, tears stream down her face as she glances around the inside of a helicopter with confusion in her eyes. She looks completely exhausted, overcome with emotion. She cries the whole flight to safety. The Iraqi air force and fighters with the Kurdish peshmerga carried out a dramatic rescue mission Monday at Mount Sinjar, taking supplies to desperate Yazidis and ferrying a handful of people out, including Aziza. (snip) A CNN crew was on the flight that took diapers, milk, water and food to the site where thousands of

  


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It’s the Loyalty, Stupid
New York Times, by Maureen Dowd    Original Article
Posted By: JoniTx- 8/12/2014 11:56:54 PM     Post Reply
WASHINGTON — I talked to Robin Williams once, about breasts. In 1993, when he played a prim British nanny in “Mrs. Doubtfire,” I went to interview him at his Pacific Heights house. “It’s great to be this blue-mouthed old lady hitting on somebody,” he said, in his character’s soft Scottish burr, “opening your blouse and saying, ‘What about these? Behold my dirty pillows, my fun bags. Come nurse at the fountain of bliss.’ ”He was 42 then, wearing his Popeye outfit, a blue-striped T-shirt and black baggy jeans. Surrounded by kids, a rabbit and an iguana, we talked about everything

China Appears Ready to Dump
Its U.S. Treasury Bonds
Breitbart Big Government, by Chriss W. Street    Original Article
Posted By: JoniTx- 8/12/2014 11:51:17 PM     Post Reply
Although investors hang on every comment by Federal Reserve Chairwoman Janet Yellen to get insight on the direction of interest rates and what it means for the economy and asset prices, the real power to determine U.S. interest rates may be in the hands of China, according to Lombard Street Research. Facing an overvalued currency that is hurting corporate profits and slowing growth, China appears ready to dump its $1.3 trillion in U.S. Treasury bonds to drive U.S. interest rates up and strengthen the dollar. The secret to China’s spectacular growth beginning in the early 1990s was devaluing its currency

Man, 72, Punched in West
Village Attack: Not Angry or Scared
NBC 4 (New York), by Danielle Elias    Original Article
Posted By: JoniTx- 8/12/2014 11:45:39 PM     Post Reply
(Video) A 72-year-old man punched in the head in an apparent random assault in the West Village remains in the hospital with a large blood clot in his head and severe bruising to the face but says he´s not angry at his attackers. The victim, Donald Lathrom, says he was returning home from a day in the park, prepared to relax back in his apartment. "I was listening to music and thinking about my evening and I was 50 feet from my home," he said from his hospital bed Tuesday. "I was going to drink my beer and listen to

Iran´s New Gay Executions
Daily Beast, by Jay Michaelson    Original Article
Posted By: mitzi- 8/12/2014 11:33:58 PM     Post Reply
Conservatives may be the ones voicing the loudest outrage at the hanging of two gay Iranian men—but not because they’ve suddenly become supporters of LGBT human rights. The tragic hanging of two “sodomites” in Iran may seem, in theory, like an obvious cause for U.S. concern and U.S. action. (Sign a petition! Demand human rights!) Yet in practice, those most attentive to LGBT concerns may be the least eager to pick this fight. As Nina Strochlic reported in these pages Sunday, the two men, Abdullah Ghavami Chahzanjiru and Salman Ghanbari Chahzanjiri, were hanged in southern Iran on August 6, possibly

  


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Police: Wilkes County restaurant
owner bought food with food stamps
WXII-TV [Winston-Salem, NC], by Staff    Original Article
Posted By: Ribicon- 8/12/2014 11:18:12 PM     Post Reply
North Wilkesboro, N.C. — The owner of a North Wilkesboro restaurant was arrested on suspicion of illegally using others´ food stamps to buy food for his establishment. Herbert Dean Carlton, 54, was charged Monday with 14 counts of illegal possession and use of food stamp cards. Carlton owns Dean´s Southern Bistro on Statesille Road near Armory Road. North Wilkesboro police allege Carlton bought food stamp cards from people and used them at Wilkes County businesses to buy food in bulk for his restaurant. Police began investigating after the Wilkes County Department of Social Services received a report in September of alleged illegal

Wages in U.S. down 23 percent
since 2008, report shows
Northeast Ohio Media Group, by Cliff Pinckard    Original Article
Posted By: Ribicon- 8/12/2014 11:07:38 PM     Post Reply
While 8.7 million jobs have been regained since the 2008 recession, they are paying much less, by an average of 23 percent, according to a report released Monday by the United States Conference of Mayors. (Snip) The annual wage in sectors where jobs were lost, particularly in manufacturing and construction, during the recession was $61,637, but the average wage of new jobs through the second quarter of 2014 is $47,131, the report shows. It represents a loss of $93 billion in wages, according to the report. (Go below to see the full report. Mobile users can see it here.) The losses

Colorado aims to sell more legal pot
KUSA-TV [Denver, CO] *, by Staff    Original Article
Posted By: BaseballFan- 8/12/2014 10:55:40 PM     Post Reply
Denver - Seven months after Colorado legalized recreational pot, the state has an unexpected problem. It needs to grow more. Because even though sales have surged, only about 60% of the marijuana sold is the legal variety. The rest is either illegal or grown unregulated in the so-called gray market, where unlicensed citizens can grow for their own use. (Snip) "What that does is, (it) raises the prices and if the price is too high, then we can´t compete with the black market and that was our ultimate goal – we wanted to eliminate the black market," Kammerzell said. But new data comparing demand for marijuana in Colorado with the legal supply suggest

Three more men arrested in Fort
Worth after-hours club shooting
Star-Telegram [Fort Worth, TX], by Deanna Boyd    Original Article
Posted By: Ribicon- 8/12/2014 10:54:12 PM     Post Reply
Fort Worth — A man fatally shot this month at an after-hours lounge told employees that the gang member accused in his slaying was carrying a gun, according to court documents. Ernesto Vasquez was sitting near the front door of the Siin Lounge at 2104 Jacksboro Highway on Aug. 3 when he spotted the gun tucked in the waistband of Rick Samuel Soto as Soto and his girlfriend entered the club shortly before 4 a.m., according to an arrest warrant affidavit written by homicide Detective J. Cedillo. Questioned by the club’s bouncer, Soto admitted having the gun and agreed to

  


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‘A Red Herring’: MSNBC Guest
Doesn’t Think We Should Be
Talking About Missouri Race
Riots [VIDEO]
Daily Caller, by Brendon Bordelon    Original Article
Posted By: JoniTx- 8/12/2014 10:23:34 PM     Post Reply
MSNBC guest Dr. James Peterson claimed that the media shouldn’t be talking about the violent race riots going on in Missouri over the police shooting of an African-American teenager, calling it “a red herring.” Peterson spoke with Dr. Michael Eric Dyson on MSNBC’s “The Ed Show” Tuesday. The duo discussed the shooting of Michael Brown and the days of riots that have followed — although Peterson wasn’t too keen on discussing the violence and looting at all. “I think first and foremost, for us to be outraged at the response to the murder of Michael Brown doesn’t make a lot of

Prisoner´s Dilemma
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 8/12/2014 10:21:31 PM     Post Reply
After a week spent sniping at each other, the New York Times says Barack Obama and Hillary Clinton are having a pleasant garden lunch. (Snip) It wouldn’t be surprising if the subject of a 2016 full pardon for Obama didn’t come up either. And Obama’s support for Hillary in 2016. The problem for Hillary is that the rate president Obama is messing things up, her chances of being elected president in 2016 are going from slim to none. The problem for Obama is different: he needs to find someone he can blame for the catastrophe unfolding overseas. The most obvious

A charged-up Rick Perry after his
Iowa State Fair speech: ´I´m awesome´
Des Moines Register [IA], by Jennifer Jacobs    Original Article
Posted By: JoniTx- 8/12/2014 10:03:06 PM     Post Reply
(Video) Rick Perry admits he´s preparing to possibly run for president, even if Iowans haven´t forgotten his forgetfulness. And at the Iowa State Fair today, the Texas governor couldn´t walk 10 feet without someone gunning for his attention. On the sidewalk by the Dippin´ Dots vendor, a young guy wanted an autograph on his copy of Perry´s book, "Fed Up," published in 2010. At the next booth over, Lemonade Shakeup stand, Pella resident Teresa Hovell said: "Mr. Perry! Mr. Perry. This is my son, Brody. He´s learning to be a good conservative American." After Perry said a few words to

In Turkey, a late crackdown on Islamist fighters
Washington Post, by Anthony Faiola and Souad Mekhennet    Original Article
Posted By: Dreadnought- 8/12/2014 10:03:01 PM     Post Reply
REYHANLI, Turkey — Before their blitz into Iraq earned them the title of the Middle East’s most feared insurgency, the jihadists of the Islamic State treated this Turkish town near the Syrian border as their own personal shopping mall. And eager to aid any and all enemies of Syrian President Bashar al-Assad, Turkey rolled out the red carpet. In dusty market stalls, among the baklava shops and kebab stands, locals talk of Islamist fighters openly stocking up on uniforms and the latest Samsung smartphones. Wounded jihadists from the Islamic State and the al-Nusra Front — an al-Qaeda offshoot also fighting

California may waive environmental
rules for Tesla battery factory
Los Angeles Times, by Marc Lifsher    Original Article
Posted By: Ribicon- 8/12/2014 9:58:47 PM     Post Reply
The state would exempt Tesla Motors Inc. from some of its toughest environmental regulations as part of an incentive package being discussed with the automaker to build a massive battery factory in California, a key state senator said. (Snip) The plan being negotiated in the office of Gov. Jerry Brown could grant the automaker waivers for significant portions of the nearly half-century-old California Environmental Quality Act, Gaines said. The proposal is alarming some environmentalists. The governor´s pitch also includes a number of tax breaks for Tesla that could be worth as much as $500 million, or about 10% of the

  



Kerry: No Combat Troops to Iraq,
But We’ll Consider Future Requests
for Additional Security Aid
Cybercast News Service, by Patrick Goodenough    Original Article
Posted By: JoniTx- 8/12/2014 9:55:23 PM     Post Reply
Secretary of State John Kerry reiterated Tuesday that U.S. combat forces will not return to Iraq, but both he and Defense Secretary Chuck Hagel said the administration will consider future requests from Iraq’s new government, once it is formed, for security assistance beyond that now being given. “There will be no reintroduction of American combat forces into Iraq,” Kerry told reporters in Sydney, Australia. “That is the beginning of the discussion. This is a fight that Iraqis need to join on behalf of Iraq.” Once an inclusive government which the U.S. has been pushing for is in place in Baghdad

Five Democrats Join Bus Tour
to Repeal Ban on Federal
Funding of Abortion
Cybercast News Service, by Tatiana Lozano    Original Article
Posted By: KarenJ1- 8/12/2014 9:54:51 PM     Post Reply
At least five House Democrats are participating in a nationwide “Be Bold Road Trip” this month in an effort to repeal the Hyde Amendment, which prevents the federal government from directly subsidizing abortions. Starting August 9 in Los Angeles, the bus tour will run until mid-September and end in Washington, D.C. The 10,000-mile itinerary covers eight states and 12 cities. As part of the bus tour, Representatives Mike Honda (D-Calif.), Barbara Lee (D-Calif.), Jan Schakowsky (D-Ill.), Louise Slaughter (D-N.Y.), and Jackie Speier (D-Calif.) will speak against the Hyde Amendment in their home states, according to the Huffington Post. The bus tour is being

President Carter calls for carbon tax
at Aspen renewable energy conference
KDVR [Denver, CO], by Eli Stokols    Original Article
Posted By: KarenJ1- 8/12/2014 9:50:09 PM     Post Reply
ASPEN, Colo. — President Jimmy Carter called a tax on carbon emissions “the only reasonable approach” to combating climate change during an appearance here Tuesday, but lamented that even piecemeal actions are unlikely to get through a divided Congress. Carter, 89, who received a lifetime achievement award on the final day of the American Renewable Energy Day summit, spoke during a luncheon attended by a number of conservationists as well as Ted Turner, T. Boone Pickens and Tom Steyer, the California billionaire pledging to devote his personal finances to political candidates willing to take action on climate change. The 39th president, who

Al Sharpton in Missouri: ´We Did
Not Come to Divide the City´
Breitbart Big Government, by Charlie Spiering    Original Article
Posted By: JoniTx- 8/12/2014 9:48:12 PM     Post Reply
MSNBC host and president of the National Action Network Rev. Al Sharpton held a press conference after meeting with the parents of Michael Brown, an African-American teenager that was shot by a police officer in a St. Louis suburb. Poised squarely before the cameras, Sharpton demanded justice for the Brown family. “This is not a cause for them; this is their child. This is not some prop for politics; this is their child,” he said, referring to the parents. Sharpton also criticized members of the community who used the tragedy to exhibit violence. “To become violent in Michael Brown’s name

Limbaugh: Did Obama Order Military
Action in Iraq to Distract From
Domestic Woes - as Obama
Alleged of Bush?
Newsbusters, by Jack Coleman    Original Article
Posted By: Dreadnought- 8/12/2014 9:44:55 PM     Post Reply
Rush Limbaugh has this pronounced tendency -- annoying to liberals, endearing to conservatives -- of remembering things from long ago that left wingers would prefer remain forgotten, thanks very much. El Rushbo did this yet again on his radio show in response to the startling news that President Obama ordered military strikes in Iraq, after maintaining for more than a decade that American military actions there served no useful purpose whatsoever and accomplished nothing except to recruit countless more jihadists. Limbaugh was struck by the seemingly random coincidence of Obama´s abrupt change of heart on Iraq occurring when Americans are

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