Tuesday, January 24, 2012

January finance reports: City of Houston ? Off the Kuff

Yes, I know, there are no city of Houston elections this year. (Not yet, anyway.) But the candidates and officeholders have to file reports anyway, covering the period from their last report through the end of the year. That period may be from eight days before the December runoff, eight days before the November election, or even the July reporting period if they were lucky enough to be unopposed in November. It?s how you see what the candidates in contested races did in the last days before the election, and it?s how you see who hopped on the late train for a candidate who wasn?t necessarily expected to win. I?ve updated the 2011 Election page to include links to the January finance reports for current and now-former Council members. I didn?t bother with non-incumbents who lost in November or December because life is too short. Here?s a brief summary:

 
Candidate Raised Spent Cash on hand ================================================ Parker 64,329 260,317 1,272,794 RGreen 30,794 23,785 46,691 Costello 12,250 47,311 655 Burks 25,175 33,426 2,403 Noriega 4,326 14,600 14,108 Bradford 4,453 35,340 20,282 Christie 16,700 51,138 3,156 Brown 6,900 9,664 1,467 Davis 32,630 39,974 20,703 Cohen 24,008 67,375 6,413 Adams 13,100 27,687 59,572 Sullivan 8,200 14,629 53,641 Hoang 3,450 25,472 5,366 Pennington 89,025 167,555 123,326 Gonzalez 5,254 15,908 56,108 Rodriguez 4,729 26,456 21,328 Laster 20,563 23,314 20,473 LGreen 22,470 27,955 576 Lovell Jones 39,810 62,555 6,397 Stardig 13,450 45,176 36,956 Johnson Clutterbuck 0 22,199 38,223

The first thing to note here is the $1.2 million cash on hand Mayor Parker has. This is significant for two reasons. One, obviously, is that it?s the opening bid for how much a Mayoral wannabee will have to raise to be competitive with her next year. She will be able to add to that total this year, while anyone who has not filed a designation of treasurer will not; I will not be surprised if her COH figure tops $2 million in a year?s time. While this certainly isn?t insurmountable, the first question anyone who might want to challenge her is going to get from a potential donor is going to be ?How do you plan to raise enough money to compete with Mayor Parker?? Some of them will likely say ?Show me that you can raise some money first, then get back to me?, which needless to say makes fundraising that much harder. It?s a barrier to entry, and the higher it is the better off she?ll be next year.

The flip side to that is that she?s really lucky she managed to avoid a runoff. Not only because that meant she could sit on her cash rather than have to spend it in December, but also because by leaving that much cash in the bank she would have left herself wide open to criticism that she didn?t run as hard as she needed to going into November. Look at poor Brenda Stardig, who had a relative ton of cash on hand in her November 8 day report, mostly because she hadn?t run any kind of campaign up till that point. By the time she was forced to kick it into gear, it was already too late, and the money she had wasn?t of much good to her. This is the cautionary tale that the Mayor was fortunate to avoid.

As such, don?t be surprised by the small cash on hand totals that moneybags like Costello and Cohen posted. They emptied their weapons, left it all on the field, and otherwise engaged in all the suitable cliches when it counted. You don?t doubt their ability to replenish their coffers, right? I?ll check back again in July and again next January and we?ll see where they stand.

Of course, for Council members who have their eye on the next office, as CMs Adams and Sullivan do, the calculus is a bit more complex. Well, not for Sullivan, who was unopposed and was thus able to turn his current stash into a decent opening advantage. Adams also has an early financial lead in her race for State Rep, though as she had an opponent last year it wasn?t entirely without risk.

Since I mentioned the late train earlier, I will note that there wasn?t one I could see for Helena Brown. Her late donors list was short and familiar. As for Andrew Burks, his donors were African-Americans ? at least, all of the names I recognized belonged to African-Americans ? and the usual PAC and law firm suspects that generally give to all incumbents. Not quite the Republican rainbow coalition that may have helped him win the runoff, but a likely indicator that he?ll enter 2013 with a decent sum in his kitty. I will be very interested to see if the usual suspects latch on to Brown or not. They didn?t rush to do so after the election results were in.

Finally, we have the outgoing Council members. With the exception of Jarvis Johnson, who is running for HCDE Trustee, I don?t think any of them are currently angling for another office. Lovell has been interested in County Clerk, but didn?t run in 2010 and I have not heard anything to say she may in 2014. I don?t get a future candidacy vibe from Clutterbuck, Jones, or Stardig, but who knows. They could take a cycle or two off, do some backstage work or some such, and come back later. Johnson has not filed a report with either the city or the county, nor has he responded to my requests for an interview, so other than his candidacy for HCDE I have no idea what he?s up to.

Related Posts:

Source: http://offthekuff.com/wp/?p=42650

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Oil up as EU embargoes Iran oil; natural gas soars (AP)

NEW YORK ? Oil prices climbed near $100 per barrel as Iran again threatened to block shipments of crude from the Persian Gulf. The latest threat follows a widely expected decision by the European Union to embargo imports of Iranian oil.

Monday also featured a sharp turnaround in natural gas prices. Futures rose more than 7 percent after one of America's biggest natural gas producers said it would cut production this year.

Tanker traffic out of the Persian Gulf has concerned oil traders for weeks, with Iran saying it could close the strategic Strait of Hormuz, through which a fifth of the world's crude is transported, in response to sanctions by the West.

On Monday, the EU said its refineries will stop buying Iranian crude after July. It also froze assets of Iran's central bank. The sanctions are meant to force Iran to talk with the West about its nuclear program. Iran says its nuclear program is peaceful, but Western nations suspect it is trying to build nuclear weapons.

The embargo itself isn't expected to affect world supplies, although markets would get reshuffled. Analysts say China, which is one of the biggest buyers of Iranian crude, probably will buy more Iranian oil at below-market prices when the embargo begins. China would reduce imports from other oil-producing countries, which would then sell more to Europe.

"Iran needs to sell its oil to someone," independent analyst and trader Stephen Schork said. "Outside the West, Iran really has only one buyer: China. That means China's probably going to get some sweetheart deals.

Experts say Iran doesn't have the firepower to close off the strait, which is the only way to get from the Persian Gulf to the open sea. But a conflict there could clog the waterway with military vessels and force the world's refineries to wait for crucial oil shipments.

Benchmark crude rose by $1.25 to end the day at $99.58 per barrel in New York. Brent crude, which is used to price foreign oils that are imported by U.S. refineries, rose by 72 cents to finish at $110.58 per barrel in London.

In the U.S., natural gas prices jumped when Chesapeake Energy said it will cut production and exploration because of cheap prices and a massive buildup in supplies. Natural gas production has been surging in the U.S. thanks to new techniques that have helped the industry aggressively drill into underground shale deposits beneath a number of states.

Last week, the price of natural gas dropped to the lowest wintertime level since 2002. The Chesapeake announcement sent futures prices higher by 18.2 cents, or 7.8 percent, to $2.525 per 1,000 cubic feet.

At the pump, the national average for a gallon of gasoline stayed at $3.38, according to AAA, Wright Express and Oil Price Information Service. That's nearly 16 cents higher than it was a month ago and up 27 cents from a year ago.

In other energy trading, heating oil rose by 2.14 cents to end at $3.0098 per gallon while gasoline futures fell by about a penny to finish at $2.7779 per gallon.

___

Follow Chris Kahn on Twitter at http://twitter.com/ChrisKahnAP

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_bi_ge/oil_prices

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Monday, January 23, 2012

Bin Laden Movie Remains Top-Secret, Joel Edgerton Says

The actor also spoke with MTV News about the 'very subtle' use of 3-D in 'The Great Gatsby.'
By Josh Wigler, with reporting by Josh Horowitz


Joel Edgerton
Photo: MTV News

PARK CITY, UtahJoel Edgerton could tell you about Kathryn Bigelow's untitled Osama Bin Laden movie, but then he'd have to kill you.

OK, perhaps it's not as dramatic as all of that. Still, the "Wish You Were Here" actor spoke briefly with MTV News about starring in the Navy Seal thriller alongside Chris Pratt and Jessica Chastain, and while he's "very excited" to start shooting the film, his lips are sealed on the top-secret op.

"I can't really tell you anything about it," he told MTV during the Sundance Film Festival. "I don't know that I can't tell you anything about it, but I'd be very ill-informed to talk about it at this point. But I'm just excited to work with all of those guys."

Edgerton was much more inclined to talk about "The Great Gatsby," Baz Luhrmann's upcoming adaptation of the F. Scott Fitzgerald classic. The Australian actor, who stars in "Gatsby" as drunken socialite Tom Buchanan, spoke at length about Luhrmann's "very subtle" use of 3-D in the film.

"3-D is absolutely the right thing for [the film]," said Edgerton. "I've seen sections of the movie and it sort of invites you in. It's not like spectacle 3-D; you're not being confronted by things blowing at your head. But it invites you in. What it does psychologically is very interesting, and I think you'll forget you're watching 3-D."

"Also, it's lavish," he continued. "That era was so lavish. The '20s was about excess, so why not add a bit of excess to the filmmaking as well?"

For those who remain skeptical of the use of 3-D in "Gatsby," Edgerton expects negative opinions to change when the movie is released this December.

"Baz knows absolutely everything he's doing," he said. "I'm really excited for all the people [groaning] about 3-D to see the movie. I hope everybody is crossing their arms and frowning to begin with, because I think they'll unfurl by the time they see it."

What do you think of the use of 3-D in "The Great Gatsby"? Sound off in the comments!

The 2012 Sundance Film Festival is officially under way, and the MTV Movies team is on the ground reporting on the hottest stars and the movies everyone will be talking about in the year to come. Keep it locked with MTV Movies for everything there is to know about Sundance.

Related Videos Related Photos

Source: http://www.mtv.com/news/articles/1677681/joel-edgerton-bin-laden-movie.jhtml

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Giants' Ballard questionable, expects to play (AP)

EAST RUTHERFORD, N.J. ? Jake Ballard's right knee is bothering him a bit. Not enough, though, to keep him out of a game this big.

The New York Giants' tight end was listed as questionable Friday for the NFC championship game at San Francisco after having a "little procedure" on his right knee Thursday night and sitting out practice.

"I'm not concerned," said Ballard, who experienced some swelling. "I just saw the doctor a little bit last night and they performed the procedure. I'll be ready to go. They just pulled me out just to rest me for the day."

Neither Ballard nor coach Tom Coughlin would discuss what was done to the knee, but Coughlin said it was "not surgery."

"The knee was a little sore today and I should be ready to go for the game," Ballard said.

Wide receiver Hakeem Nicks was limited in practice after tweaking an ankle, but said he'll be fine. Running back Ahmad Bradshaw (foot) returned to practice, but was limited. No surprise there, though, since he has practiced just once a week since the injury in early December.

Center David Baas missed practice because of a stomach illness, similar to the one that sidelined quarterback Eli Manning for a day earlier this week. He's expected to be fine in time for the game.

Ballard missed the last two games of the regular season after injuring the posterior cruciate ligament in the knee against Washington on Dec. 18, but returned for the postseason. He had one catch for 17 yards at Green Bay, and two for 16 in the opening round against Atlanta.

The second-year tight end from Ohio State had 38 catches for 604 yards and four touchdowns during the regular season.

"The PCL is not going to heal overnight," Ballard said. "It's usually six or seven weeks where you don't feel it anymore, and it's only been about four maybe."

Travis Beckum said he'd be ready to start if Ballard can't, but doesn't anticipate that. In fact, Beckum made light of the procedure, trading his shoulder pads for a scalpel.

"I diagnosed him with a torn ACL, but he'll be back," Beckum said. "I gave him some stuff and he'll be back tomorrow."

Ummm, Travis, what was your major in college?

"Street pharmacy," Beckum said with a smile. "I used a butter knife. He has really thin skin."

For the record, Beckum majored in human development and family studies at the University of Wisconsin.

"Yeah, it was emergency surgery last night," Ballard said, smiling. "If I was missing a leg, that's probably what it would take to keep me off the field."

Nicks, who has 13 catches for 280 yards and four touchdowns in the Giants' two playoff games, was hurt while cutting during a route in practice.

"It just kind of gave out on me, but it should be all right, though," he said. "I've got no reason to be concerned about it. It's an important game. I'll put it out of my mind and not even think about it."

Nicks said he'll "and wrap it up real good" and be ready to go.

Defensive ends Justin Tuck (shoulder) and Osi Umenyiora (ankle/knee), cornerback Corey Webster (hamstring) and linebacker Mark Herzlich (ankle) were all limited, but listed as probable for the game.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120120/ap_on_sp_fo_ne/fbn_giants_injuries

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Sunday, January 22, 2012

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Source: http://www.youtube.com/watch?v=1jsxHjZcgBg

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Stocks add to steady climb; Dow gains 45 (AP)

NEW YORK ? Strong corporate earnings reports and the lowest unemployment claims in almost four years gave investors more reasons Thursday to take risks on stocks, and the market continued its quiet but solid January climb.

The Dow Jones industrial average gained 45.03 points to close at 12,623.98. The Standard & Poor's 500 index added 6.46 points to close at 1,314.50. Both averages are at their highest since July.

Volume was slightly above average. The market has been subdued this year: The S&P has moved up or down 1 percent or more only twice, and the Dow has moved 100 points only once, a 179-point gain on opening day, Jan. 3.

But the gains have been steady. The S&P has closed higher 10 of 12 days, and all three major averages have recorded healthy advances for the young year ? 3.3 percent for the Dow, 4.4 percent for the S&P and 7 percent for the Nasdaq composite index.

Investors appear ready to believe that the economic recovery is for real and getting stronger.

"The market is screaming loud and clear," said Doug Cote, chief market strategist with ING Investment Management. "Prices have lagged fundamentals, and now they're catching up."

After the market closed, Google stock plunged more than 10 percent after its earnings per share badly missed Wall Street expectations. Intel and Microsoft rose slightly in after-hours trading after more encouraging reports.

In a sign of a bigger appetite for risk, investors moved money out of U.S. debt, a haven during the stock market's volatile second half of 2011. The yield on the 10-year U.S. Treasury note increased to 1.98 percent from 1.90 percent Wednesday.

The market was led by industries that tend to perform best when the economy is getting stronger ? consumer discretionary stocks, financials and industrial companies.

Of the 10 categories of stocks in the S&P 500, the only one that lost considerable ground was utilities ? a safe play for investors during turbulent times and the best-performing category last year.

Cote said the market's gains could accelerate as investors begin to focus more on economic fundamentals in the United States instead of worries about their exposure to risk.

And the economic news Thursday was good: The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening.

U.S. consumer prices were unchanged last month, a signal inflation is under control. In the housing market, a third straight increase in single-family home building in December was offset by a drop in apartment construction.

France and Spain also held successful bond auctions, easing concerns about the debt crisis in Europe. As global risk factors subside, Cote predicts that markets will see "a strong snap-back rally."

Bank of America rose 2 percent and Morgan Stanley rose 5 percent after reporting encouraging financial results. Bank of America returned to a profit in the last three months of 2011, while Morgan Stanley's loss was much less than forecast.

Renewable Energy Group Inc., the nation's largest producer of biodiesel, edged up 10 cents to $10.10 on its first day of trading. It was the first initial public offering of stock this year.

Trading was halted in shares of Eastman Kodak, the iconic photography company, after it filed for Chapter 11 bankruptcy protection. Kodak could not find a buyer for its trove of 1,100 digital imaging patents.

The Dow's gain for the day amounted to 0.4 percent. The S&P's came to 0.5 percent. The Nasdaq added 18.62 points, or 18.62 points, to close at 2,788.33.

Among other stocks in the news:

? eBay Inc., the online auction company, rose 3.9 percent after it beat Wall Street earnings forecasts and gave a healthy outlook for the year.

? Southwest Airlines Co. rose 3.1 percent after it said its fourth-quarter net income and revenue jumped. Southwest said it expects strong revenue in the first quarter too, based on passenger-booking trends.

? Johnson Controls Inc., an auto parts and building equipment maker based in Milwaukee, fell 8.8 percent. Its profit and revenue fell short of Wall Street forecasts. It also cut its forecasts, blaming weaker auto production in Europe, a lower euro and poor demand for batteries.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120119/ap_on_bi_st_ma_re/us_wall_street

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Saturday, January 21, 2012

The biodiversity crisis: Worse than climate change

The biodiversity crisis: Worse than climate change [ Back to EurekAlert! ] Public release date: 19-Jan-2012
[ | E-mail | Share Share ]

Contact: Carsten Rahbek
crahbek@bio.ku.dk
01-145-409-63967
University of Copenhagen

Biodiversity is declining rapidly throughout the world. The challenges of conserving the world's species are perhaps even larger than mitigating the negative effects of global climate change. Dealing with the biodiversity crisis requires political will and needs to be based on a solid scientific knowledge if we are to ensure a safe future for the planet. This is the main conclusion from scientists from University of Copenhagen, after 100 researchers and policy experts from EU countries were gathered this week at the University of Copenhagen to discuss how to organise the future UN Intergovernmental Panel for Biodiversity and Ecosystem Services, IPBES - an equivalent to the UN panel on climate change (IPCC).

Biodiversity is declining rapidly throughout the worldSpecies extinction and the degradation of ecosystems are proceeding rapidly and the pace is accelerating. The world is losing species at a rate that is 100 to 1000 times faster than the natural extinction rate.

Mass extinctions of species have occurred five times previously in the history of the world last time was 65 million years ago when the dinosaurs and many other species disappeared. Previous periods of mass extinction and ecosystem change were driven by global changes in climate and in atmospheric chemistry, impacts by asteroids and volcanism. Now we are in the 6th mass extinction event, which is a result of a competition for resources between one species on the planet humans and all others. The process towards extinction is mainly caused by habitat degradation, whose effect on biodiversity is worsened by the ongoing human-induced climate change.

"The biodiversity crisis i.e. the rapid loss of species and the rapid degradation of ecosystems is probably a greater threat than global climate change to the stability and prosperous future of mankind on Earth. There is a need for scientists, politicians and government authorities to closely collaborate if we are to solve this crisis. This makes the need to establish IPBES very urgent, which may happen at a UN meeting in Panama City in April," says professor Carsten Rahbek, Director for the Center for Macroecology, Evolution and Climate, University of Copenhagen.

Professor Rahbek was one of the main forces behind this week's conference on biodiversity and the organisation of the new Biodiversity panel IPBES (Intergovernmental Platform for Biodiversity and Ecosystem Services).

The conference was arranged and hosted in cooperation with the Danish Ministry of Environment and took place at the University of Copenhagen, where more than 100 scientists and decision makers, primarily from EU countries were gathered. The conference has been organised just as Denmark is taking over the EU Presidency, which provides an opportunity to influence the process of organising the UN Biodiversity Panel.

The new panel is the biodiversity equivalent to the UN panel on climate change, which has resulted in enhanced policy awareness and changes around the world, and initiated a change of behaviour for billions of people in many companies. Unfortunately, the same is not true when it comes to reducing the threats to ecosystems and the loss of animal and plant species.

"There is a need to produce future scenarios that are easily understood and at the same time bring together the best scientists in this field. It is technically possible to develop such scenarios, if they are requested by decision-makers and politicians involved in the IPBES process. The myth that university scientists cannot or will not contribute to concrete solutions of large-scale society problems in close collaboration with practitioners, decision makers and politicians has been shown to be untrue through our close engagement in the organisation and participation in these workshops. The collaboration between the Danish Ministry of Environment, the EU presidency and University of Copenhagen over organising this conference is a successful example of how universities can contribute in dealing with some of the largest challenges that face the world at large," states Carsten Rahbek.

###

The Center for Macroecology, Evolution and Climate at University of Copenhagen led by Carsten Rahbek and producing world class research within biodiversity is arranging this conference in cooperation with the ministry of environment and EPBRS, European Platform for Biodiversity Research Strategy supported by EEA.

Contact information:

Professor Carsten Rahbek
Mobile: +45 40 96 39 67


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


The biodiversity crisis: Worse than climate change [ Back to EurekAlert! ] Public release date: 19-Jan-2012
[ | E-mail | Share Share ]

Contact: Carsten Rahbek
crahbek@bio.ku.dk
01-145-409-63967
University of Copenhagen

Biodiversity is declining rapidly throughout the world. The challenges of conserving the world's species are perhaps even larger than mitigating the negative effects of global climate change. Dealing with the biodiversity crisis requires political will and needs to be based on a solid scientific knowledge if we are to ensure a safe future for the planet. This is the main conclusion from scientists from University of Copenhagen, after 100 researchers and policy experts from EU countries were gathered this week at the University of Copenhagen to discuss how to organise the future UN Intergovernmental Panel for Biodiversity and Ecosystem Services, IPBES - an equivalent to the UN panel on climate change (IPCC).

Biodiversity is declining rapidly throughout the worldSpecies extinction and the degradation of ecosystems are proceeding rapidly and the pace is accelerating. The world is losing species at a rate that is 100 to 1000 times faster than the natural extinction rate.

Mass extinctions of species have occurred five times previously in the history of the world last time was 65 million years ago when the dinosaurs and many other species disappeared. Previous periods of mass extinction and ecosystem change were driven by global changes in climate and in atmospheric chemistry, impacts by asteroids and volcanism. Now we are in the 6th mass extinction event, which is a result of a competition for resources between one species on the planet humans and all others. The process towards extinction is mainly caused by habitat degradation, whose effect on biodiversity is worsened by the ongoing human-induced climate change.

"The biodiversity crisis i.e. the rapid loss of species and the rapid degradation of ecosystems is probably a greater threat than global climate change to the stability and prosperous future of mankind on Earth. There is a need for scientists, politicians and government authorities to closely collaborate if we are to solve this crisis. This makes the need to establish IPBES very urgent, which may happen at a UN meeting in Panama City in April," says professor Carsten Rahbek, Director for the Center for Macroecology, Evolution and Climate, University of Copenhagen.

Professor Rahbek was one of the main forces behind this week's conference on biodiversity and the organisation of the new Biodiversity panel IPBES (Intergovernmental Platform for Biodiversity and Ecosystem Services).

The conference was arranged and hosted in cooperation with the Danish Ministry of Environment and took place at the University of Copenhagen, where more than 100 scientists and decision makers, primarily from EU countries were gathered. The conference has been organised just as Denmark is taking over the EU Presidency, which provides an opportunity to influence the process of organising the UN Biodiversity Panel.

The new panel is the biodiversity equivalent to the UN panel on climate change, which has resulted in enhanced policy awareness and changes around the world, and initiated a change of behaviour for billions of people in many companies. Unfortunately, the same is not true when it comes to reducing the threats to ecosystems and the loss of animal and plant species.

"There is a need to produce future scenarios that are easily understood and at the same time bring together the best scientists in this field. It is technically possible to develop such scenarios, if they are requested by decision-makers and politicians involved in the IPBES process. The myth that university scientists cannot or will not contribute to concrete solutions of large-scale society problems in close collaboration with practitioners, decision makers and politicians has been shown to be untrue through our close engagement in the organisation and participation in these workshops. The collaboration between the Danish Ministry of Environment, the EU presidency and University of Copenhagen over organising this conference is a successful example of how universities can contribute in dealing with some of the largest challenges that face the world at large," states Carsten Rahbek.

###

The Center for Macroecology, Evolution and Climate at University of Copenhagen led by Carsten Rahbek and producing world class research within biodiversity is arranging this conference in cooperation with the ministry of environment and EPBRS, European Platform for Biodiversity Research Strategy supported by EEA.

Contact information:

Professor Carsten Rahbek
Mobile: +45 40 96 39 67


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2012-01/uoc-tbc011912.php

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Hydro petition faces campaign finance questions | Aspen Daily ...

The backers of a petition seeking a ballot referendum to stop the city?s Castle Creek hydroelectric project may have to disclose who has been funding an advertising blitz aimed at collecting signatures from Aspen voters.

Thousands of dollars have been spent on a print, radio and direct-mail campaign that questions the hydro proposal and encourages people to sign a petition that will likely lead to a public vote on the project. But the main proponents of the referendum drive say they have no idea how much money has been spent or raised in the effort, and some people behind the petition drive have been contributing with the understanding that they will remain anonymous.

The state?s Fair Campaign Practices Act, however, says that once Aspen residents Ward Hauenstein and Maurice Emmer submitted paperwork to City Clerk Kathryn Koch seeking to refer to voters a council-approved ordinance on the hydro plant?s land-use plans, they became an issue committee. Any issue committee that has raised or spent more than $200 must comply with campaign finance rules that require the itemized reporting of contributions and expenditures, according to state law.

Aspen, which is a ?home rule? city with its own charter, adopts some state laws. Emmer questions whether the provisions of the Fair Campaign Practices Act apply to this situation. He said the city?s law also could be interpreted to mean that he could wait until days before the election to register as an issue committee.

However, he said he?s willing to work with the city to figure out what the group is required to do.

?We want to comply with all applicable laws,? said Emmer, a former tax attorney who practiced in California, Illinois and New York.

According to the Fair Campaign Practices Act, which is referenced in the city?s election code, an issue committee must be formed once ?the matter has been submitted for format approval in accordance with law.?

According to Aspen city attorneys, campaign finance rules were triggered when Emmer and Hauenstein submitted their referendum intentions for ?format approval? to Koch on Dec. 20. A few days later, Koch confirmed that the matter was legally referable.

Koch and Jim True, special counsel for the city of Aspen, sent Emmer and Hauenstein a letter Wednesday informing them they need to register as an issue committee.

?Since it appears that registration is overdue, it is mandatory that your group register immediately,? the letter says.

The state statute also says that an issue committee needs to be formed once ?a petition concerning the matter has been circulated and signed by at least one person.?

Emmer said he spoke with an expert in election law when the petition drive started, who informed him his group did not have to comply with campaign finance reporting laws because no election has been set yet. Emmer declines to name the attorney.

The election would only go forward if enough of the signatures Emmer and Hauenstein submitted to the city clerk?s office on Tuesday are from registered Aspen voters. City Council could also avoid the election by rescinding the ordinance that approved the 1,700-square-foot building that would house the hydroelectric turbine.

The petition containing 953 signatures was turned in Tuesday. Koch has 30 days to determine if 594 of the signatures are from valid, registered Aspen voters, which is the threshold to get an issue on the ballot.

Emmer said he doesn?t know who has been paying for the ads ? $3,000 worth of which appeared in the full-page, color variety in the Aspen Daily News over a six-day span recently. Hauenstein, however, noted that he and Emmer were given the opportunity to review the ad copy, but he stuck to his claim that he does not know who is paying for the ads.

There are ?four or five? people working on the petition drive who are doing so on the basis that their anonymity is maintained, Emmer said.

A direct-mail piece also went out to registered Aspen voters in recent weeks, and radio spots have been running encouraging people to sign the petition.

Considering that contribution and expenditure reports have not been kept, Emmer said he?s unsure what his group would do if it had to turn over campaign finance data.

The city?s election code allows the municipal government ? or any person residing within the city ? to seek civil penalties ?for an amount not more than the amount or value not properly reported? if provisions of the law are violated. Other potential civil penalties also may apply, according the city?s election code.


curtis@aspendailynews.com

Source: http://www.aspendailynews.com/section/home/151381

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Tuesday, January 17, 2012

Insight: Recovery at risk as Americans raid savings (Reuters)

NEW YORK (Reuters) ? More than four years after the United States fell into recession, many Americans have resorted to raiding their savings to get them through the stop-start economic recovery.

In an ominous sign for America's economic growth prospects, workers are paring back contributions to college funds and growing numbers are borrowing from their retirement accounts.

Some policymakers worry that a recent spike in credit card usage could mean that people, many of whom are struggling on incomes that have lagged inflation, are taking out new debt just to meet the costs of day-to-day living.

American households "have been spending recently in a way that did not seem in line with income growth. So somehow they've been doing that through perhaps additional credit card usage," Chicago Federal Reserve President Charles Evans said on Friday.

"If they saw future income and employment increasing strongly then that would be reasonable. But I don't see that. So I've been puzzled by this," he said.

After a few years of relative frugality, the amount of money that Americans are saving has fallen back to its lowest level since December 2007 when the recession began. The personal saving rate dipped in November to 3.5 percent, down from 5.1 percent a year earlier, according to the U.S. Commerce Department.

Jeff Fielkow, an executive vice president at a recycling company in Milwaukee, Wisconsin, contributed less to retirement savings and significantly cut back on dining in restaurants and taking vacations in order to keep college savings on track for his two children. "We would love to save more," he said, "but we're doing the best we can."

There have been some signs of a quickening in U.S. economic growth recently after it emerged from recession in mid-2009.

Hiring was stronger than forecast in December and confidence among consumers rose to its highest level in eight months in January.

But many see a long, hard slog ahead and economic growth this year is not expected to be much more than 2.0 percent, barely up from 2011's growth pace.

The big risks include Europe's debt crisis as well as the shaky finances of many Americans, hit by a five-year decline in house prices and still high unemployment. U.S. consumers account for about two thirds of the country's economic output measured by total spending.

Retail sales rose at the weakest pace in seven months in December, according to data published last week.

Sales in 2012 are expected to grow at slower rate than last year, an industry group said on Monday. The National Retail Federation projected sales would rise 3.4 percent this year, compared with than 4.7 percent in 2011.

"When the stock market and the housing market were booming, we saw that a lot of people would take on more debt and save less. They felt the saving was being done for them," said Mark Vitner, managing director and senior economist at Wells Fargo Securities in Charlotte, North Carolina.

"Today, the saving rate is falling out of necessity. Food and energy prices have risen and folks don't have as much money to spend on the things that they would like."

Just as Americans used to borrow against the value of their homes before the property crash, now many are taking out loans from their 401(k) retirement savings plans.

Almost a third of plan participants currently have a loan outstanding, according to an upcoming survey of 150,000 holders of 401(k)s by consulting firm Aon Hewitt.

"People are at a loss, and they are struggling," said Pam Hess, director of retirement research at consulting firm Aon Hewitt.

RAIDING THE RETIREMENT FUND

Loans taken from retirement savings accounts jumped 20 percent last year across all demographics, according to a survey to be published in March. Among lower earners they leapt by as much as 60 percent, said Aon Hewitt's Hess. The vast majority of borrowers, she said, need the money for essential expenses like bills, car repairs and college tuition.

The non-profit Employee Benefit Research Institute's (EBRI) annual retirement confidence survey hit a new low in 2011 with 27 percent of workers saying they're "not at all confident" they'll have enough for a comfortable retirement. Almost 15 percent expect to work until at least the age of 70, up from 11 percent in 2006.

New York real estate broker Leila Yusuf had been very conscientious about saving for retirement, typically socking away $5,000 to $10,000 a year. But her income slid by 30 percent in the last two years as the housing market hit the doldrums and she stopped making contributions.

"I couldn't afford to do it after four deals didn't go through," said Yusuf, 37. "I need money to live on."

In another sign of Americans struggling to make ends meet, EBRI found that more than 20 percent of those aged 50 or older changed their medical prescriptions to save money and almost as many had skipped or postponed doctor appointments for the same reason. Almost 28 percent reported having difficulty paying their monthly bills.

COLLEGE SAVINGS TAKE A HIT TOO

The amount of money Americans put aside for their children's college fees is taking a hit too. Assets in the popular state-managed college savings funds known as 529s dipped more than 10 percent in the third quarter of 2011. Estimated outflows were $354 million between July and September contrasted with inflows of $927 million in the same period of 2010, according to Financial Research Corp.

Indicative of the trend, contributions to the 529 plans managed by investment management firm Vanguard dropped 1.0 percent in 2011 after climbing 17 percent from 2009 to 2010. Parents of younger children are continuing to save, according to Vanguard, "but they may be concerned about the economy and market conditions and have cut back a little."

At the same time, college students are borrowing twice as much as they did a decade ago when adjusted for inflation, according to the College Board, and Americans now owe more on student loans than on credit cards.

Household borrowing on cards, car loans, student loans and other installment debt jumped almost 10 percent from October to November, according to the Federal Reserve, its biggest jump in a decade.

Welcomed by some as a sign of confidence in the economic recovery, others worried it was really a reflection of desperation.

"Apparent stronger consumption at year-end was associated with falling savings rates, compensating for stagnating income growth," Dennis Lockhart, president of the Federal Reserve Bank of Atlanta said on January 11.

"I question whether this consumer spending momentum will be sustained without a pickup in income growth."

In a sign of concern among policymakers about the weak finances of many Americans, the Federal Reserve this month suggested an array of ways the U.S. government could help shore up the housing market.

House prices have fallen 33 percent from their 2006 peak, resulting in an estimated $7 trillion in household wealth losses and about 12 million homeowners are saddled with mortgages worth more than their properties.

Americans are steadily working off their overall debt levels, including their mortgages. Credit card balances, while little changed compared to a year ago, are down 18 percent from a peak in September 2008.

"It's not like it was a year or two ago when it really felt like a recession, and there was no job growth," said Scott Hoyt, a senior director of consumer economics at Moody's Analytics. "It's better than that and you can see that in the spending. But there's still no reason to go back to the free-spending days prior to the recession."

"Americans are still coming to terms with fact they're not going to earn as much income as they once thought and they are not going to have as much wealth," said Vitner at Wells Fargo. "They are now trying to work out how they are going to have to adjust their lifestyle to fit that."

(Additional reporting by Phil Wahba; Editing by William Schomberg)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20120117/bs_nm/us_recovery_risk

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Friday, January 13, 2012

Tony Iommi's Lymphoma Diagnosis: Rockers and Fans React on Twitter

Tony Iommi

Kevin Winter, Getty Images

The news that Black Sabbath guitarist Tony Iommi has been diagnosed with the early stages of Lymphoma has sent his peers and fans flocking to Twitter to wish him well in his health battle. Slash and Sebastian Bach were, as usual, among the first to send their best regards to the master of the heavy metal guitar riff, with the former Skid Row singer doing so in particularly colorful style. 'That Metal Show' co-hosts Eddie Trunk and Jim Florentine also expressed shock and optimism. As the news spreads and more rockers react, we'll update this page:

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Source: http://ultimateclassicrock.com/tony-iommis-lymphoma-diagnosis-rockers-and-fans-react-on-twitter/

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Thursday, January 12, 2012

Some West Texas schools close due to snow

by Associated Press

kvue.com

Posted on January 10, 2012 at 8:02 AM

ODESSA, Texas (AP) -- Some schools in West Texas have called off classes after nearly 11 inches of snow fell in the region.

The Ector Independent School District in Odessa canceled classes Tuesday.

Forecaster Cody Lindsey with the National Weather Service in Midland said Tuesday that the area received at least 10.6 inches of snow since Monday morning.

Schools in Midland, San Angelo, Big Spring and Fort Stockton delayed the start of classes by two hours Tuesday due to winter weather.

The National Weather Service says the snowfall was ending Tuesday across West Texas.
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Source: http://www.kvue.com/home/-Some-West-Texas-schools-close-due-to-snow-137007608.html

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Wednesday, January 11, 2012

Have two drink-free days, MPs say

What is a unit of alcohol?

People should have at least two days a week completely clear of alcohol, a group of MPs says.

It is one of the recommendations in a report by the Commons science and technology committee, which is calling for a review of all government guidelines on alcohol in the UK.

It says there are "sufficient concerns" about the recommendations on how much people should drink.

The report has been welcomed by charities and public health experts.

Advice on the maximum units of alcohol that should be consumed was introduced in 1987 - 21 units in a week for men and 14 for women.

In 1995, the advice was changed to recommend that men did not regularly drink more than three to four units per day. The figures were two to three units for women. It also says that after heavy drinking people should leave 48 hours for the body to recover.

The report questioned whether this "appeared to endorse daily drinking".

Continue reading the main story

?Start Quote

There are sufficient concerns about the current drinking guidelines to suggest that a thorough review of the evidence concerning alcohol and health risks is due?

End Quote Science and technology committee report

It said having two alcohol-free days would "would enforce the message that drinking every day should be avoided".

It also says there "could be merit" in setting a lower limit for older people in the same manner as there are more specific rules for children and pregnant women.

The idea of increasing the daily limit, was however, ruled out.

The report highlighted problems when it came to understanding how many units of alcohol there are in a drink.

A survey by the Office for National Statistics suggested that 90% of people had heard of units, yet fewer than one in three knew how much one unit of wine was and that only 13% kept a check on the units they drank.

The report does support the concept of the unit, but said more work was needed to help people understand them.

It says: "There are sufficient concerns about the current drinking guidelines to suggest that a thorough review of the evidence concerning alcohol and health risks is due."

Matt Maden, from Bournemouth, was diagnosed with liver cirrhosis, as a result of alcohol abuse, when he was 21 years old, and now needs a liver transplant.

The chairman of the committee, Andrew Miller, said: "Alcohol guidelines are a crucial tool for government in its effort to combat excessive and problematic drinking. It is vital that they are up-to date and that people know how to use them."

"Unfortunately, public understanding of how to use the guidelines and what an alcohol unit looks like is poor, although improving.

"While we urge the UK health departments to re-evaluate the guidelines more thoroughly, the evidence we received suggests that the guidelines should not be increased and that people should be advised to take at least two drink-free days a week."

Alan Maryon-Davis, a professor of public health, said: "Broadly speaking [alcohol guidelines] are fit for purpose, but they need a bit of clarification.

"The word 'daily' I would object to. It gives the impression that it is a good idea to drink every day, which clearly it isn't."

He thinks that phrases such as "in a day" or "in 24 hours" should be adopted.

Review welcome

Prof Sir Ian Gilmore, from the Alcohol Health Alliance UK, said: "The main recommendation of setting up a review of evidence to come up with clear guidelines would be very valuable indeed."

Wine and Spirit Trade Association spokesman Gavin Partington said: "People want simple, consistent advice on how to drink responsibly.

"Through our commitment to the Responsibility Deal, the vast majority of alcohol labels on UK shelves will contain responsible drinking guidelines by 2013, supported by point-of-sale information in both the on-and-off trades."

It is estimated 6,000 babies are born every year in England with foetal alcohol syndrome because their mothers drank alcohol when pregnant

Alcohol Concern chief executive Eric Appleby said: "Accessible and reliable public information on alcohol harm is an essential element in tackling Britain's problem with alcohol misuse. However, the government must accept that information alone is insufficient.

"With the new alcohol strategy currently being developed, the government has the opportunity to confront alcohol harm on several fronts, including minimum price control and the empowerment of communities to control local licensing."

Chris Sorek, chief executive of alcohol awareness charity Drinkaware, said: "Drinkaware welcomes the committee's recommendation for greater efforts on helping people understand the unit guidelines and how to use them.

"While the committee recognises that public awareness of alcohol units is now high, it supports Drinkaware's evidence that more needs to be done to raise awareness of how many units are in alcoholic drinks."

A spokesperson for the Department of Health said: "It's crucial that people have good advice about alcohol so they can take responsibility for their own health.

"The current guidelines were developed following a thorough review of the evidence and consultation with experts. We will consider these recommendations and look at whether it is necessary to review our guidance.

"Next month, we are launching new Change4Life adverts which will advise people about the harm alcohol can do to our health. We will also shortly be publishing a strategy to tackle alcohol misuse."

BBC Inside Out's alcohol special is broadcast on Monday, 9 January on BBC One at 19:30 GMT and on the iPlayer for seven days afterwards.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/health-16443240

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Tuesday, January 10, 2012

Asia stocks drop on eurozone worries

(AP) ? Asian stocks dropped Monday, ignoring signs of job improvement in the U.S., as traders continued to fret about Europe's unfolding sovereign debt drama.

Benchmark oil fell to $101 per barrel while the dollar strengthened against the euro but fell against the yen.

South Korea's Kospi fell 1.1 percent to 1,822.42 while Hong Kong's Hang Seng index was 0.9 percent lower at 18,422.23. Benchmarks in Singapore, Taiwan, India and Indonesia also were lower. In Japan, financial markets were closed for a public holiday.

Bucking the negative trend were mainland Chinese shares, which rose amid promises by Beijing to channel more bank lending to struggling entrepreneurs while keeping inflation and surging housing costs in check. The Shanghai Composite Index jumped 1.4 percent to 2,194.57. The smaller Shenzhen Composite Index added 1.8 percent to 832.81.

China tightened lending and investment curbs last year to cool its overheated economy but has reversed course in recent months following a slump in global demand that has hurt exporters and led to job losses.

Other positive economic news came out of the U.S., where the unemployment rate fell to 8.5 percent in December, the lowest level in nearly three years.

But signs of strength in the U.S. job market were not enough to offset worries about Europe's debt. On Friday, Italy's borrowing costs spiked to dangerously high levels. The country is now paying over 7 percent to borrow for 10 years, a sign that investors are concerned the country could default on its debts. Greece, Portugal and Ireland were forced to seek a bailout after their borrowing rates rose above 7 percent.

German Chancellor Angela Merkel and French President Nicolas Sarkozy are to meet later Monday in Berlin to discuss the eurozone debt crisis. But markets no longer react to such powwows, having witnessed Europe pledge time and again to stem the crisis ? only to see it worsen.

"We are very much in a situation now where the market is not inclined to react positively to statements of intent," said Ric Spooner, chief market analyst at CMC Markets in Sydney.

"Concrete, locked-in, agreed-to steps must be taken, and those steps have to be sufficient to provide a mechanism for halting the contagion risk and for putting in place a mechanism for a reasonable growth scenario," Spooner said.

Bank stocks fell on concerns that the debt crisis will spread through the financial industry. Hong Kong-listed Agricultural Bank of China fell 0.6 percent and Commonwealth Bank of Australia shed 0.2 percent. China Construction Bank lost 0.2 percent.

Heavy industrial shares also fell. Korean steelmaking giant POSCO lost 2.5 percent while India's Tata Steel Ltd. lost 1.9 percent.

Zijin Mining Group, China's biggest gold miner, lost 3.8 percent following a drop in gold prices.

The euro continued its slide against the dollar. On Monday, it fell to $1.2694 from $1.2724 late Friday in New York. The dollar fell to 76.92 yen from 77.02 yen.

In energy trading, benchmark crude for February delivery fell 45 cents to $101.11 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 25 cents to settle at $101.56 in New York on Friday.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-09-World-Markets/id-908350452df241328c34fed45132d2ae

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Best Android App to Download Torrent Files with Resume Support

A lot of people like to download stuff from the Internet using torrents or Internet download managers because even if you turn your computer off, you can just pause your download and resume downloading the next time you open your PC. This is an advantage especially if you are downloading a large file, which often takes much time to download. Instead of leaving your computer on for a long time just to finish your file download, you can just pause the download and resume it later.

Now, this convenience can now also be enjoyed by Android users. An application called aDownloader is a torrent application for Android?and it supports resumable downloading, which means you can pause downloads and resume them at some later time.

aDownloader is a free Android application and it is one of the best torrent application available for Android devices. This Android torrent application is developed by the Ansha Team?a team of developers that specializes in developing utility, media, and video apps.

This native bittorrent downloader for Android phones is also an HTTP downloader, and the great thing about it is its break and resume feature that is greatly appreciated by Android users who like to download. In fact, basing from user reviews, this application has earned a lot of positive comments because of the wonderful functionality and convenience that it brings.

Features

aDowloader also has some other useful features aside from its famous Pause and Resume feature. It also has features like torrent download, the ability to set maximum connections, and the capability to handle multiple torrent downloads at the same time.

Everyone always wants her or his downloads to be as speedy as possible. In this aspect, aDownloader works excellently. When you are over a Wi-Fi connection, you can expect it to be as fast as 1 MB/sec in terms of download speed?a very great thing for an Android application. Or, if you are connected through T-Mobile?s 4G network, for instance, you can expect speeds up to 350 KB/sec, which is still very great if you like to download things on the go.

Using this application not only gives you decent download speeds but also stability. According to users and testers, the download speeds remained stable not only when using Wi-Fi connections but also when connecting through 4G/3G networks.

Downloading aDownloader

It?s very easy to download this application. You can get it from the Android Market and it?s absolutely free. So, if you are using another torrent app right now, try out aDownloader and see if you?d still like to use your other torrent app again.

Have you tried aDownloader? Does it have all the features that you need in a torrent downloader?

Source: http://www.androidauthority.com/download-torrent-files-with-resume-support-best-android-app-41973/

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Monday, January 9, 2012

Learn the Simple Present Tense - Spoiled Pets

Intro

1. Learn Vocabulary - Learn some new vocabulary before you start the lesson.

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2. Read and Prepare - Read the introduction and prepare to hear the audio.

Go Super to Listen Go Super!

Pets are so sweet and cute, it can be hard not to spoil them. When your puppy looks at you with those big brown eyes, how can you not slip him a little people food under the dinner table?

But animals that get treated like royalty often behave like brats. It?s important to set boundaries with your pet so they learn how to behave. Amy is worried that she may be spoiling her puppy. Hear Ella give her some advice.

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Dialog

1. Listen and Read - Listen to the audio and read the dialog at the same time.

Log in to Listen

2. Study - Read the dialog again to see how the vocab words are used.

Amy:??I have a puppy at home, and I am really worried about spoiling her, you know? Nobody wants to spoil their pet.

Ella:??I don?t know, my parents spoil their dog like crazy. She only drinks Evian water.

Amy:??No, you?re kidding!

Ella:??No, no.

Amy:??Well that?s really over the top.

Ella:??It is. I mean, what kind of things do you do with your dog?

Amy:??I definitely?she never is allowed to have people food. She definitely drinks tap water. And I feel like I give her a reasonable number of treats, and she has to do tricks and everything before she gets them. I think I mostly just spoil her with love and affection. Like I just constantly, when I?m at home, just want to be petting her and cuddling her and stuff because she?s so cute and soft.

Ella:??That sounds reasonable. You know, you have a pet, it?s kind of there for emotional comfort. I don?t know, I feel like my parents take it to another level with Coco.

Amy:??Is their dog obedient?

Ella:??Kind of, but my parents take her everywhere.

Amy:??So do you think she?s spoiled rotten, or do you think she?s still a good dog?

Ella:??Definitely spoiled rotten, but overall a good dog.

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Grammar Point

Go Super to learn "Simple Present Tense" from this lesson Go Super!

Quizzes

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Lesson MP3

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Source: http://www.englishbaby.com/lessons/5823/real_life/spoiled_pets

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