Wednesday, December 31, 2008

Israel weighs 48-hour halt to Gaza air campaign

GAZA CITY, Gaza Strip – Israel, under international pressure, is considering a 48-hour halt to its punishing four-day air campaign on Hamas targets in Gaza to see if Palestinian militants will stop their rocket attacks on southern Israel, Israeli officials said Tuesday. Any offer would be coupled with a threat to send in ground troops if the rocket fire continues.

Prime Minister Ehud Olmert discussed the proposal — floated by France's foreign minister — and other possible next steps with his foreign and defense ministers, Israeli officials said, speaking on condition of anonymity because they were not supposed to make the information public.

President George W. Bush and Secretary of State Condoleezza Rice called leaders in the Middle East to press for a durable solution beyond any immediate truce.

And members of the Quartet of world powers trying to promote Mideast peace concluded a conference call with an appeal for an immediate cease-fire. The Quartet powers are the United States, the United Nations, the European Union and Russia.

The European Union itself late Tuesday also urged an immediate truce and for Israel to reopen borders to allow vital supplies to reach Gazans. The Paris statement by the 27-member bloc avoided blaming either side for the current fighting.

In its Tuesday night meeting, Israel's leadership trio stepped up preparations for a ground offensive, conducting a telephone survey among Cabinet ministers on a plan to call up an additional 2,500 reserve soldiers, if required. Earlier this week, the Cabinet authorized a callup of 6,700 soldiers.

After the four-hour meeting, Olmert's office issued a statement early Wednesday saying no details of the discussion would be made public because of the sensitivity of the subject matter.

But Israeli officials, speaking on condition of anonymity because they weren't authorized to release information on the meeting, said the leaders wanted Hamas to agree to stop the rocket fire before Israel considers a truce.

And even amid talk of a truce, Israeli warplanes continued to unload bombs on targets in Gaza. Powerful airstrikes caused Gaza City's high-rise apartment buildings to sway and showered streets with broken glass and pulverized concrete. Israel's ground forces on Gaza's border also used artillery for the first time.

Hamas kept up its rocket barrages, which have killed four Israelis since the weekend, and sent many more in running for bomb shelters — some of them in cities under threat of attack for the first time, as the range of the rockets grows.

A medium-range rocket hit the city of Beersheba for the first time ever, zooming 28 miles deep into Israel and slamming into an empty kindergarten. A second rocket landed in an open area near the desert city, Israel's fifth-largest. The military said later it successfully struck the group that launched those rockets.

A pattern of daytime lulls and nighttime spikes in rocket fire appeared to be emerging as militants found safer launch cover in darkness.

Four days into a campaign that has killed 374 Palestinians and prompted Arab and international condemnation, a diplomatic push to end the fighting gathered pace.

In two phone calls to Defense Minister Ehud Barak on Monday and Tuesday, French Foreign Minister Bernard Kouchner appealed to him to consider a truce to allow time for humanitarian relief supplies to enter the beleaguered Gaza Strip, two senior officials in Barak's office said.

Foreign Minister Tzipi Livni was expected to travel Thursday to Paris for talks with French President Nicolas Sarkozy, who has put his growing international stature to use in other conflict zones, most recently to help halt fighting between Russia and Georgia in August.

Israeli media reported that Sarkozy would also travel to Jerusalem Monday for talks with the Israeli and Palestinian leaders.

A Hamas spokesman said any halt to militant rocket and mortar fire would require an end to Israel's crippling blockade of the Gaza Strip. "If they halt the aggression and the blockade, then Hamas will study these suggestions," said Mushir Masri.

Any cease-fire between Israel and Hamas would face questions about its long-term viability. In the past, Hamas has been unable or unwilling to rein in all the militants, some of which belong to different factions. Israel has angered the Palestinians by continuing to target its leaders and by maintaining a blockade of the Gaza Strip.

"It's certainly difficult for Hamas because, having witnessed the losses that they have just suffered on large scale, their credibility is on the line and they're not going to easily agree to a cease-fire that goes back to the conditions that prevailed before, after all these losses," said Shibley Telhami, professor of political science at the University of Maryland and senior fellow at the Brookings Institute. "So, we're likely to see more bloodshed, and I think that is where we are in a way, events on the ground are going to dictate."

Israel's military, meanwhile, pressed on, sending warplanes to strike a Gaza government complex that includes the ministries of interior, foreign affairs and justice. Bombs ripped the tops and sides from buildings that had already been evacuated and left fires blazing in upper floors.

It was the largest government target hit so far and involved the largest number of bombs dropped in a single strike — at least 16 in all.

The airstrikes have sent the people of densely populated Gaza on a zigzagging desperate search for safer ground — hard to find with no way out of the blockaded territory.

"I don't know what's safe anymore," said university student Rasha Khaldeh of Gaza City. She fled her home, fearing Israel would target her Hamas neighbors, then had to leave her uncle's house because of nearby shelling. She listens intently for the approach of pilotless Israeli drones.

After nightfall, Israel destroyed 40 tunnels under the sealed Gaza-Egypt border in another attempt to cut the vital lifeline that supplies Gaza with both commercial goods and weapons for Hamas and other militant groups.

Israel kept up the attack on the tunnels early Wednesday, as other aircraft hit Hamas positions in Gaza City.

Israel's military said it hit 31 targets on Tuesday, including a Cabinet building, rocket-launching sites, and places were missiles were being built. Some of the hits on sites with weapons stockpiles triggered secondary explosions.

The question still hanging over the Israeli operation is how it can halt rocket fire. Israel has never found a military solution to the barrage of missiles. The "Iron Dome," a system to guard against short-range missiles, will take years to build.

Beyond delivering Hamas a deep blow and protecting border communities, the assault's broader objectives remained cloudy. Israeli President Shimon Peres acknowledged the challenge, saying the operation was unavoidable but more difficult than many people anticipated.

"War against terrorists is harder in some aspects than fighting armies," Peres said.

Hamas also said it would take more to cripple it.

A spokesman for Hamas' military wing, Abu Obeida, said the group remained strong, and he vowed to fight on as long as Israel continues its airstrikes. He noted that even while under heavy airstrikes, militants had fired rockets that reached Israeli towns farther from Gaza than ever. "Rockets will be on your daily agenda," he said in a message to Israelis.

And if there's a ground invasion, he promised worse: "If you enter Gaza, the children will collect your flesh and the remains of your tanks which will be spread out through the streets."

The offensive came shortly after a rocky, six-month truce expired.

Emad Falluji, a former Hamas leader working at a Gaza-based think tank, said he believes Hamas had wanted to renew the truce but felt humiliated by Israel's decision to maintain a tight blockade on Gaza.

"Israel didn't want to give Hamas anything in return for the cease-fire, which was effectively free," he said.

Egypt, which has been blockading Gaza from its southern end, has come under pressure from the rest of the Arab world to reopen its border with the territory because of the Israeli campaign. Egypt has pried open the border to let in some of Gaza's wounded and to allow some humanitarian supplies into the territory. But it quickly sealed the border when Gazans tried to push through forcefully.

In a televised speech Tuesday, Egyptian President Hosni Mubarak responded to critics, including the leader of the Lebanese militia Hezbollah, who have accused him of collaborating with Israel.

"We tell anybody who seeks political profits on the account of the Palestinian people: The Palestinian blood is not cheap," he said, describing such comments as "exploiting the blood of the Palestinians."

Mubarak said his country would not throw open the border crossing unless Palestinian President Mahmoud Abbas — a Hamas rival — regains control of the border post. Mubarak has been rattled by the presence of a neighboring Islamic ministate in Gaza, fearing it would fuel more Islamic dissidence in Egypt.

Most of the Palestinians killed since Saturday were members of Hamas security forces but the number included at least 64 civilians, according to U.N. figures. Among those killed were two sisters, Haya and Lama Hamdan, ages 4 and 12, who died in an airstrike on a rocket squad in northern Gaza on Tuesday.

Throughout the offensive, Israel's military has released video taken by hovering drone aircraft showing its missiles and bombs hurtling into Gaza targets, including one on Tuesday that sent about a half-dozen bombs simultaneously into a smuggling tunnel under the Gaza-Egypt border.

During brief lulls between airstrikes, Gazans tentatively ventured into the streets to buy goods and collect belongings from homes they had abandoned after Israel's aerial onslaught began Saturday.

The campaign has brought a new reality to southern Israel, too, where one-tenth of the country's population of 7 million has suddenly found itself within rocket range.

"It's very scary," said Yaacov Pardida, a 55-year-old resident of Ashdod, southern Israel's largest city, which was hit Monday. "I never imagined that this could happen, that they could reach us here."

___source : www.yahoo.com

US military deaths in Iraq war at 4,219

As of Tuesday, Dec. 30, 2008, at least 4,219 members of the U.S. military had died in the Iraq war since it began in March 2003, according to an Associated Press count.
Justify Full
The figure includes eight military civilians killed in action. At least 3,399 military personnel died as a result of hostile action, according to the military's numbers.

The AP count is one fewer than the Defense Department's tally, last updated Tuesday at 10 a.m. EST.

The British military has reported 178 deaths; Italy, 33; Ukraine, 18; Poland, 21; Bulgaria, 13; Spain, 11; Denmark, seven; El Salvador, five; Slovakia, four; Latvia and Georgia, three each; Estonia, Netherlands, Thailand and Romania, two each; and Australia, Hungary, Kazakhstan and South Korea, one death each.

Since the start of U.S. military operations in Iraq, 30,920 U.S. service members have been wounded in hostile action, according to the Defense Department's weekly tally.

___

The latest deaths reported by the military:

• No deaths reported.

___

The latest identifications reported by the military:

• Army Spc. Tony J. Gonzales, 20, Newman, Calif.; died Sunday in Sadr City when an improvised explosive device detonated near his vehicle; assigned to the 1st Battalion, 6th Infantry Regiment, 2nd Brigade, 1st Armored Division, Baumholder, Germany.

• Marine Lance Cpl. Robert L. Johnson, 21, Central Point, Ore.; died Dec. 20 in a non-combat incident in Anbar province; assigned to the 5th Combat Logistics Battalion, 1st Combat Logistics Regiment, 1st Marine Logistics Group, Camp Pendleton, Calif.

___

On the Net:

http://www.defenselink.mil/news/

Tuesday, December 30, 2008

100 Best Affiliate Programs

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2009: Netbook or notebook?

By Brooke Crothers

2009 may be the year of the Netbook. But there’s a big if.

Here’s the choice: Will consumers buy a thin, light, relatively fast $1,800 MacBook Air or a thin, light, ultrasmall, not-as-fast $700 Hewlett-Packard Mini 1000 Netbook?

If many people, fully aware of this choice, opt for a Netbook then we have the foundation of, at the very least, a rethinking of the pricey ultraportable.

At most, we have many more consumers buying into the Netbook concept–particularly if 3G comes as a standard option.

Here’s the dilemma in more detail: Do you want an ultralight subnotebook replete with a Core 2 Duo processor, 64GB solid-state drive, and 12-inch (or 13-inch) LED screen that will set you back at least $1,800?

Or a Netbook with an Atom processor, 16GB solid-state drive, and a 10-inch screen for about $500? (Clarification: Netbooks are generally thought of as sub-$400 designs; but for comparison’s sake, upscale Netbooks with 10.2-inch screens are cited here.)

The dimensions and weight are the key to both the Netbook and ultraportable and differentiate them from standard laptops. Both are small and light. But here’s where Netbooks become disruptive. To date, (for at least the last 10 years), consumers have had to pay a big premium for smallness and thinness (and still do with the Air, Dell Latitude E4200, and Toshiba Portege, for example). With the Netbook, they don’t. (The one obvious downside to Netbooks, however, is that they’re too small–cramped screens and keyboards.)

Of course, the design and internals are different, but are they different enough? To rephrase the question posed above: Is a $2,500 13-inch MacBook Air with a 128GB solid-state drive (and no 3G) different enough from (or that much better than) a $600 or $700 an 11-inch Netbook with a 32GB solid-state drive and 3G? I would expect that most consumers (even ones that must have an ultraportable laptop) won’t be able to justify paying an extra $1000-$2,000 for a MacBook Air- or Toshiba Portege-style design in the face of a compelling array of Netbook offerings. Especially if Netbooks (or a facsimile of the Netbook) start sporting larger screens.

Consumers will ultimately decide of course–though it remains problematic whether PC suppliers will really push Netbooks in front of consumers that aggressively if Netbooks are eating into their laptop sales. Advanced Micro Devices or Via Technologies, however, could change this by aggressively promoting their newest silicon (AMD’s Yukon and Via’s Nano) for slick, upscale Netbook-like designs.
Source : cnet news

Windows 7 beta 1 makes early debut

The first beta of Microsoft’s next operating system has apparently been spotted in the wild. The first beta of Windows 7, which is expected to hit retailer shelves in time for the 2009 holiday shopping season, has reportedly popped up on torrent trackers as an ISO file. ZDNet’s Adrian Kingsley-Hughes also reports having a copy and has posted his first impressions of the beta.

The new revamped taskbar is visually very interesting (and certainly a lot easier to use at higher screen resolutions that the Vista or XP taskbar), but it tries to do too much and as such comes across as kludgey and counter-intuitive. One failure is that it’s hard to tell the difference between apps that are running and shortcuts that have been pinned to the taskbar.

Microsoft demoed the forthcoming operating system at the Professional Developers Conference in Los Angeles last month, but apparently the differences between Windows 7 and Vista were so subtle that they can go unnoticed. Attendees to PDC 2008 received pre-beta copies of Windows 7 on DVD, as well as a 160GB Western Digital portable hard drive packed with code.

Microsoft CEO Steve Ballmer is expected to talk up Windows 7 from a consumer perspective during his keynote speech at the Consumer Electronics next week. Microsoft is expected to officially distribute the first beta to beta testers in early January.

Source : cnet news

Your Prescription History May Keep You From Getting Health Insurance

Databases with the prescription drug histories of 200 million Americans are now being used by many health insurance companies to evaluate applications for individual health insurance. The data work like a credit report for health. The data originate with pharmacy benefit managers and contain details like the prescribing doctor, dates, drugs, dosages, etc.. The benefit companies then give their client insurance companies access for a fee. Insurance companies can better evaluate the expected risk for a particular applicant so this is a great value for them. It works a lot faster that their alternative which is to request medical records from the applicant's physicians.

Privacy and consumer advocates complain that there are more and more companies holding vast amounts of patients' health information, mostly unknown to the average consumer. The database companies say they provide information to insurers only after having been released by consumers.

by :http://www.healthcareshopper.com/

Down Economy Impacts Health Care

The economy has tanked. People are getting laid off. Bank accounts are shrinking. We fear that it will get worse. All this is causing people to demand low-cost generic drugs and split pills, forgo recommended screening tests and delay elective procedures, perhaps even turn to home remedies. The number of people who have gone without a prescription or skipped a doctor's appointment for themselves or a child has increased since last year. In addition, this summer saw the first decline in prescription drug spending in almost a decade. Almost 20% of U.S. residents say they have trouble paying medical bills.

It's not just the uninsured who are affected. Even those who have group health insurance coverage are skimping because employers have raised their deductibles and copayments in order to cope with ever increasing insurance premiums. Increased out-of-pocket expenses for healthcare drive down utilization of health insurance benefits. Some that cutback in utilization is good because there was overuse of health benefits in the days of plush employer benefit plans, but there is a point where people's health will deteriorate because of forgoing preventive and routine care and result in bigger medical expenses down the road for treatment of serious illnesses.

Saturday, December 27, 2008

Pakistan redeploying troops to Indian border

ISLAMABAD, Pakistan – Pakistan began moving thousands of troops from the Afghan border toward India, officials and witnesses said Friday, raising tensions between the nuclear-armed neighbors and possibly undermining the U.S.-backed campaign against al-Qaida and the Taliban.

The country also announced that it was canceling all military leave in the aftermath of last month's terror attack on the Indian financial capital of Mumbai.

India has blamed Pakistani militants for the terrifying three-day siege; Pakistan has demanded that India back this up with better evidence.

Pakistan's latest moves were seen as a warning that it would retaliate if India launches air or missile strikes against militant targets on Pakistani soil — rather than as an indication that a fourth war was imminent between the two countries.

The United States has been trying to ease the burgeoning crisis while also pressing Pakistan to crack down on militants Washington says were likely responsible for the Mumbai attack. The siege left 164 people dead after gunmen targeted 10 sites including two five-star hotels and a Jewish center.

On Friday, U.S. intelligence and military officials were trying to determine if the reported troop movements were true and — if so — what Pakistan's intent might be.

They cautioned that the reports may be exaggerated, aimed more at delivering a message than dispatching forces. The officials spoke on condition of anonymity to discuss intelligence matters.

Any significant troop movement would likely dash President-elect Barack Obama's strategy of having Pakistan concentrate on the threat emanating from the lawless tribal regions close to Afghanistan, where Osama bin Laden and other al-Qaida leaders are believed hiding out.

Obama said nothing publicly about the Pakistan situation Friday.

"This is a serious blow to the war on terror in the sense that the whole focus is now shifting toward the eastern border," said Talat Masood, a former general and military analyst. "It will give more leeway to the militants and increased space to operate."

Two Pakistani intelligence officials said Friday that elements of the army's 14th Infantry Division were being redeployed from the militant hotspot of Waziristan to the towns of Kasur and Sialkot, close to the Indian border.

The military began the troop movement Thursday and plans to shift a total of 20,000 soldiers — about one-fifth of the deployment in the tribal areas, they said without providing a timeframe.

The officials spoke on condition of anonymity because of the sensitivity of the situation.

An Associated Press reporter in the Dera Ismail Khan district and a witness thirty miles away in Bhakkar, a district bordering Waziristan, saw long lines of military vehicles carrying hundreds of soldiers and equipment away from the Afghan border toward India.

"It was a big, big convoy," said Mushtaq Bokhari, a resident of Bhakkar district in Punjab province close to the border with Pakistan's North West Frontier Province. "It took about three hours to pass through our city."

However, a senior Pakistani security official denied that the troops were being deployed to the Indian border.

He said a "limited number" of soldiers were being shifted from areas "where they were not engaged in any operations on the western border or from areas which were snowbound."

He declined further comment and asked that his name not be used, also citing the sensitivity of the situation.

Pakistan and India have fought three wars since their independence from Britain in 1947, two over Kashmir, a majority Muslim region in the Himalayas claimed by both countries.

They came close to a fourth after suspected Pakistani militants attacked India's parliament in 2001. Both countries deployed hundreds of thousands of troops to the disputed Kashmir region, but tensions cooled after intensive U.S. diplomacy.

India and Pakistan have said they want to avoid military conflict over the Mumbai attacks, and most analysts say war is unlikely, not least because both sides have too much to lose if conflict breaks out.

But India — which is under domestic pressure to respond forcefully — has not ruled out the use of force. And Pakistan has promised to respond aggressively to any strike on its soil.

Even as reports emerged Friday about a major redeployment, Pakistani Prime Minister Syed Yousuf Raza Gilani and other top government officials Friday sought to reduce tensions.

"We will not take any action on our own," Gilani told reporters. "There will be no aggression from our side."

Indian Foreign Minister Pranab Mukherjee accused Pakistan of trying to divert attention away from what many analysts say is a halfhearted attempt to rein in homegrown terror groups like Lashkar-e-Taiba, which India accuses of masterminding the Mumbai attacks.

"They should concentrate on the real issue: how to fight against terrorists and how to fight against and bring to book the perpetrators of Bombay terrorist attack," he said.

Pakistan says it has arrested several senior Lashkar members and cracked down on a charity the U.S. and the U.N. say was a front for Lashkar.

U.S. and Indian officials say Pakistan's powerful intelligence agencies created Lashkar and other militant groups in the 1980s by to battle Indian-rule in Kashmir.

While they have been careful not to accuse Pakistani state agencies in the Mumbai attacks, there are doubts that the young civilian government of President Asif Ali Zardari is strong enough to persuade the security forces to move decisively against the militants.

Pakistan has promised to cooperate with India in any probe but says it needs to see evidence before it can investigate any further. Mukherjee said Friday that India had provided more than enough evidence about the militants, who infiltrated Mumbai by sea.

"We have indicated to them that there are ample evidences from the log book of the captured ship, from the information available from satellite telephones and various others that elements from Pakistan were responsible for this attack," Mukherjee told reporters.

Pakistan has deployed more than 100,000 of its 600,000-strong army in Waziristan and other northwestern regions to fight Islamic militants blamed for surging violence against Western troops in Afghanistan as well as suicide attacks in Pakistan.

Security officials have previously said the country would be forced to withdraw troops from the Afghan border if tensions with India — whose army is twice as large — escalated.

Many of the country's remaining troops are believed to be based close to the Indian border already, a legacy of the countries' history of conflict.

C. Uday Bhaskar, former director of India's Institute of Defense Studies and Analyses, said he saw the troop movement as "more to do with a signal to the Americans — don't push us too hard.

"I think there's posturing within Pakistan to say, 'No one can push us around, not the Americans, not the Indians,'" he said.

____

Associated Press reporters Sebastian Abbot, Asif Shahzad and Zarar Khan in Islamabad, Sam Dolnick in New Delhi and Lolita C. Baldor in Washington contributed to this report.

Kennedy says 9/11, Obama led her to public service

NEW YORK – Caroline Kennedy emerged from weeks of near-silence Friday about her bid for a Senate seat by saying that after a lifetime of closely guarded privacy, she felt compelled to answer the call to service issued by her father a generation ago.

She said two events shaped her decision to ask Gov. David Paterson 11 days ago to consider her for the position if Sen. Hillary Rodham Clinton is confirmed as secretary of state: the Sept. 11 terrorist attacks and her work for Barack Obama's presidential campaign.

In her first sit-down interview since she emerged as a Senate hopeful, the 51-year-old daughter of President John F. Kennedy cited her father's legacy in explaining her decision to seek to serve alongside her uncle Massachusetts Sen. Edward Kennedy.

"Many people remember that spirit that President Kennedy summoned forth," she said. "Many people look to me as somebody who embodies that sense of possibility. I'm not saying that I am anything like him, I'm just saying there's a spirit that I think I've grown up with that is something that means a tremendous amount to me."

She also credited her mother, Jacqueline Kennedy Onassis, with giving her the courage to seek the job.

"I think my mother ... made it clear that you have to live life by your own terms and you have to not worry about what other people think and you have to have the courage to do the unexpected," she said.

Since Kennedy expressed interest in the job, she has faced sometimes sharp criticism that she cut in line ahead of politicians with more experience and has acted as if she were entitled to it because of her political lineage. More than a half-dozen elected officials are vying for the seat, including New York Attorney General Andrew Cuomo and several members of Congress.

Kennedy said that she had long been encouraged to seek public office and that Clinton's expected departure from the Senate offered the perfect opportunity to follow in the footsteps of her father, two uncles and cousins.

"Going into politics is something people have asked me about forever," a relaxed Kennedy said as she ate a grilled cheese and bacon sandwich and sipped coffee at a diner in Manhattan. "When this opportunity came along, which was sort of unexpected, I thought, `Well, maybe now. How about now?'"

She said she realizes she will have to prove herself and "work twice as hard as anybody else." She acknowledged, "I am an unconventional choice," but added: "We're starting to see there are many ways into public life and public service."

Since Kennedy's name first surfaced as a possible replacement for Clinton, her advisers have shielded her from the media, with the exception of a few brief interviews on a swing through upstate New York and a visit to Harlem with the Rev. Al Sharpton.

Some commentators likened her to Sarah Palin in the way her dealings with the media were being carefully managed.

She agreed to sit down for interviews Friday with The Associated Press and NY1 television.

Kennedy acknowledged that her recent time in the limelight — after a relatively private life as a wife, mother of three, best-selling author and fundraiser in New York City — had not gone entirely smoothly.

But she said she had turned down interview requests and tried not to appear to be campaigning for the job because she knew that the choice rested solely with the Democratic governor.

"I was trying to respect the process. It is not a campaign," she said. "It was misinterpreted. If I were to be selected, I understand public servants have to be accessible."

Asked about criticism from other politicians and members of the public that she seems to regard herself as entitled to the job as a member of America's most storied political dynasty, she said: "Everybody that knows me knows I haven't really lived that way. ... Nobody's entitled to anything, certainly not me."

Kennedy chuckled when she was asked if her brother, the late John F. Kennedy Jr., had ever suggested she run for public office some day. "He usually thought about himself," she said. "He would be laughing his head off at seeing what's going on right now."

She also was asked to explain why she failed to vote in a number of elections since registering in New York City in 1988, including in 1994 when Sen. Daniel Patrick Moynihan was up for re-election for the seat she hopes to take over.

"I was really surprised and dismayed by my voting record," she said. "I'm glad it's been brought to my attention."

Former New York Rep. Geraldine Ferraro, who urged Paterson last weekend to consider experienced members of Congress for the job, said she was glad to hear Kennedy was willing to "work twice as hard as others."

"I think it's great she understands she will have a tougher time," Ferraro said. "I don't know if she can work twice as hard because having been a member of Congress I know they work 24-7. They already work hard."

___

Associated Press reporter Michael Gormley contributed to this report from Albany.

Tuesday, December 16, 2008

Presidents Bush throwing shoes


A TV journalist Baghdad Iraq, Muntazhar Furthermore (29) threw a pair of Sounds in the direction of the U.S. President, George Bush in the event a press conference. This is an insult to Bush. Former Israeli PM also had thrown shoes and sandals.

"in the Arab culture is a symbol of insult," said Member of Commission I FPKS House, Al-Muzzammil Joseph in short message through to Google, Mon (15/12/2008).

Muzzammil add, this has been done during the Iraq memukuli statue of Saddam Hussein by shoes and sandals. Similar events have also overrides the former Prime Minister of Israel, Ariel Sharon, which also thrown shoes and sandals by Muslims will be when the time came to Masjidil Aqsa.

"Egypt, Laos, Out Damned Spot Taher, also dilempari shoes by the people of Egypt setiba from kunjungnnya to Tel Aviv," added the head of the Department of Polhankam DPP MCC this.

Muzzammil believes, Bush has become the main actors hatred and having people of the world, not only Irak.

Former vice-Chairman of the House of Representatives Commission III of this opinion, it is impossible not to adjudicate claims Bush as war criminals will be more appreciated. Although the law will prove to be complicated. "The problem is more political power in the world dealing with the super power the U.S.," said the Muzzammil.

Friday, December 12, 2008

Bank of America plans up to 35,000 job cuts

NEW YORK - Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.

The final number could be even higher, analysts say. Charlotte, North Carolina-based Bank of America said it hasn't yet completed its analysis for eliminating positions, and won't until early next year. The company and Merrill have about 308,000 employees in total, and the cuts will affect workers from both companies and all types of businesses.

Bank of America is considered one of the country's healthier banks, and its decision to slash so many jobs illustrates the breadth of the layoffs hitting the United States. The nation lost more than half a million jobs in November alone, and economists expect many more to come.

Bank of America's action is a particularly hard blow for Charlotte — which is also home to the beleaguered Wachovia Corp., a once strong bank that is now being acquired by Wells Fargo & Co. in what amounts to a fire sale. Just three months ago, when the Merrill Lynch deal was announced, Charlotte was dubbed Wall Street South; now, the banking center is being hit as hard as Wall Street and other towns across America, where people go to work in the morning unsure if they will still have a job that night.

Thursday's announcement of job cuts at Bank of America was hardly unexpected, considering the merger and the wave of job losses seen in the banking industry and in other sectors over the past few months. Bank of America and Merrill Lynch have already eliminated thousands of investment banking jobs over the past year, as have other banks, in an effort to lower costs as they face increasing defaults in mortgages, credit card debt and other loans.

With no end in sight yet to the economy's troubles, Bank of America might have to slash even more jobs as loan losses mount, said Alois Pirker, a senior analyst at Boston-based research firm Aite Group. If the company's earnings worsen from this year to next, "I think that might lead to more reductions."

Other big banks — which have all received loans from the government's bailout fund — have been cutting jobs as well.

New York-based Citigroup Inc. has been slashing jobs the most. By next year, Citigroup expects to have shrunk its work force by 75,000, or 20 percent, since its headcount peaked in late 2007.

JPMorgan Chase & Co. is shedding about 7,000 employees, or 10 percent, of its investment bank staff, and cutting 9,200 jobs at Washington Mutual Inc., the bank it acquired in September. Goldman Sachs Group Inc. and Morgan Stanley, meanwhile, are reducing their staffs by about 10 percent.

The massive layoffs have raised questions about executive pay: With so many people losing their jobs, should the companies' executives still receive lucrative packages? CEOs at Citigroup Inc., JPMorgan Chase & Co. and Bank of America Corp. have yet to reveal whether they will receive bonuses this year, but those at Merrill, Morgan Stanley and Goldman have announced that they will forgo them.

Some argue, though, that the shotgun deal between Bank of America and Merrill, valued at $50 billion when it was initially announced in September, may have saved jobs in the end. It was struck as the solvency of investment banks was in grave doubt, and kept Merrill from a complete meltdown like the one suffered by Lehman Brothers Holdings Inc., which was forced to file for bankruptcy. Shareholders of both companies voted to approve the deal last week and it is expected to close by Jan. 1.

Bank of America shares fell $1.78, or 11 percent, to close at $14.91 on Thursday, while Merrill shares fell $1.43, or 10 percent, to $12.67.

In after-hours trading, Bank of America shares rose 12 cents to $15.03, and Merrill shares rose a penny to $12.68.


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