Britain's Prince Philip has returned to the royal family's country estate after spending four nights in the hospital, following treatment for a blocked coronary artery. NBC?s Lester Holt reports.
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Apple Wins Infringement Lawsuit
This week the U.S. International Trade Commission came to their final ruling in one of the many Apple lawsuits regarding patent infringement by Android manufacturers. This specific case was Apple against HTC for the apparent infringement of a patent regarding how email address and phone numbers are automatically pulled from emails and text messages.
The patent infringement case was considered a win for Apple as the ITC officially ruled that HTC must now stop importing any and all offending smartphones immediately. HTC will not be fined but this is still enough of a victory to hopefully prevent future issues like this and send a message to Android and other manufacturers that infringement will not be tolerated. No word on the remainder of lawsuits on the tablet involving Apple but there are still quite a few waiting to be dealt with in the coming months.
Read the full story here
Source: http://www.applerepo.com/apple-wins-infringement-lawsuit/
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The panic stories haven't yet begun ? but they're coming.
Soon you will hear the familiar shrieks from Federal Reserve officials bullying against any opposition to raising the debt limit one more time.
The media, too, will be telling you there is no other option. To stop borrowing endlessly will result in death, chaos and an end to life in America as we know it.
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Worse yet, Republicans will posture about the need to cut spending, but most will go along with more borrowing ? providing Barack Obama with all the funny money he needs to continue his scorched-earth policy of destruction of the U.S. economy.
What am I talking about?
The Treasury is now just $149 billion away from hitting the new debt ceiling set last in September. Without immediate real cuts in the budget, which are highly unlikely, that limit will be reached in January.
So here we go again.
I hate to say it, but I told you so. In fact, besides the 22 House Republicans who voted against the last hike in the debt limit, I am pretty much alone in American public life as an advocate of the"No More Red Ink" philosophy.
I hope that is about to change, because there's an old adage that says, "The definition of insanity is doing the same thing over and over again expecting different results." It's time to stop doing the same thing over and over again.
It's time for Americans to rise up in anger and demand "No More Red Ink."
What would that mean? How could it be done?
(Column continues below)
It would mean that at least one house of Congress would have to say no to more borrowing. I actually thought that's why some of us elected Republicans to control the House in 2010. Most of them pledged to do just that. But they caved in to the establishment politics of Washington, which includes their own leadership.
However, they will get another shot to do the right thing very soon. I am determined to do everything I can to lobby the House Republicans to just say no. We need to make it a 2012 campaign issue. We need to get the Republican presidential candidates to weigh in. (At least two of them were among the House Republicans who voted correctly last August.)
But, most of all, we need to organize and lobby the House Republicans very hard.
That's why I am bringing back, for a second try, the "No More Red Ink" campaign that generated more than 1 million red letters to the House Republicans earlier this year. I believe following the abject failure of House Speaker John Boehner's compromise with Obama in August, more House Republicans will take a principled stand in opposition to endless borrowing.
What I am saying to you is not something you will hear from the TV talking-head, robot-like pundits. Not borrowing is not the end of the world, it's the beginning of recovery for America. It's the beginning of fiscal responsibility and discipline. It's the beginning of a return to constitutionally limited government. And we can do it overnight ? with one simple no vote by House Republicans.
I truly believe this vote is every bit as important as the one we'll all participate in next November when we choose a president. Why? Because, if you believe Obama is taking a wrecking ball to the Constitution and the economy, this is the way to pull the plug on him right now ? with one vote in Congress.
And, let's face it, if we're going to trust the Republican Party next November, shouldn't we expect its members to do the right thing in January?
Is there really a fundamental difference between the parties? Let's find out now!
Please support the new "No More Red Ink" campaign right now. Help me spread the word far and wide.
Source: http://www.worldnetdaily.com/?pageId=380637
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Canada 8 Finland 1
EDMONTON ? Mark Stone and Jonathan Huberdeau had instant chemistry playing on opposite wings during the Canadian junior hockey team?s summer camp in August.
The two big forwards clicked again and dominated Canada?s 8-1 win over Finland to open the world junior hockey championship Monday.
Stone, who plays for the Western Hockey League?s Brandon Wheat Kings, scored a hat trick. Huberdeau of the Quebec Major Junior Hockey League?s Saint John Sea Dogs had a five-point game with a goal and four assists.
Huberdeau will be a key player for Canada in its bid to re-claim the gold medal at the world junior championship. He was the third overall pick in the NHL draft this year by the Florida Panthers and was the Memorial Cup MVP last season.
He couldn?t fully participate in the Canadian team?s selection camp earlier this month because of a broken bone in his foot. Canada?s exhibition game last week against Switzerland was Huberdeau?s first since Nov. 7.
Canadian head coach Don Hay kept Huberdeau on the team because he?s a difference-maker and also complements Stone so well.
Stone has hands that are anything but as the Ottawa Senators draft pick and Winnipeg native leads the WHL in scoring. Stone and Huberdeau are both over six foot one and difficult for the opposition to contain.
?Stone just continues to score goals for us and it?s great to see Jonathan get some confidence and start the tournament off with a game like that,? Hay said.
?They?re two different guys, but they do good work in their areas of the ice. Mark does a great job in front of the net. He?s got great hands for a big guy. Jonathan really sees the ice well and can put pucks in the small areas.?
Buoyed by the roars of the 16,647 at Rexall Place, the host country put in a complete performance with solid goaltending, smart defensive plays and a hard-charging attack.
Brendan Gallagher of the Vancouver Giants, Niagara IceDogs defenceman Dougie Hamilton and forward Ryan Strome and Brett Connolly of the NHL?s Tampa Bay Lightning also scored for Canada.
Alexander Ruuttu, son of former NHL player Christian Ruuttu, scored Finland?s lone goal early in the second period to temporarily pull his country within one goal.
Canada?s team at the world junior hockey championship suffered a major blow in its tournament opener.
Forward Devante Smith-Pelly broke his left foot after blocking a shot in the second period of Canada?s 8-1 rout of Finland on Monday and will miss the remainder of the tournament.
The Anaheim Ducks forward, one of only two NHL players on the Canadian team, cannot be replaced on the 22-man roster.
The only situation in which a team could add another player at this point in the tournament would be in the case of a goaltender injury.
Hay went with experience in net by giving Mark Visentin of the IceDogs the first start of the tournament. The Phoenix Coyotes prospect made 24 saves on 25 shots for the win.
Visentin was Canada?s starting goaltender for the medal round of the 2011 tournament in Buffalo, N.Y. His big save on Teemu Pulkkinen with three minutes to go in the first period Monday preserved Canada?s 2-0 lead heading into the second.
?I?m happy with my performance tonight,? said Visentin. ?Obviously there?s little things I?d like to fix up. I let (another) Phoenix draftee Ruuttu score. Good for him. He?s a good guy, but I only let him get one and one only.?
After giving up four goals on 17 shots in Canada?s final pre-tournament game against Sweden, there were questions whether Hay would go with Visentin or Scott Wedgewood of the Plymouth Whalers.
?It was always going to be Mark in my mind,? Hay said. ?The experience of coming out in front of a crowd like this, he?s been exposed to that last year in Buffalo. When you have a veteran goalie coming back you really have to give him the opportunity to lead off the tournament.?
Finland went with Chris Gibson of the QMJHL?s Chicoutimi Sagueneens in goal. Canada pelted the Los Angeles Kings prospect with 42 shots as Finland?s defence wilted under Canadian pressure.
Canada had beaten the Finns 3-1 in a pre-tournament game in Calgary last week.
?What can I say? Eight-one,? Finland coach Raimo Helminen said. ?I couldn?t prepare our team to play as much as I should. We were not ready, not physically, not mentally in this game at the beginning.?
Canada has Tuesday off before facing the Czech Republic on Wednesday and Denmark the following day. The hosts conclude Pool B play on Saturday versus the United States. The U.S. was to face Denmark in Monday?s later game in Edmonton.
In Calgary, Sweden defeated Latvia 9-4 in a Pool A game with defending champion Russia set to face Switzerland at night.
The top team in each pool earns a bye to the semifinal round. The second and third teams cross over and meet in the quarter-finals.
Ryan Johansen played centre between Huberdeau and Stone during summer camp, but Johansen wasn?t made available to play for Canada by the Columbus Blue Jackets.
So Hay inserted Strome between the two wingers and the New York Islanders prospect thrived there with a goal and three assists.
Stone?s third goal at 4:05 of the third period prompted a cascade of hats from the stands.
?He?s always in the right spot in the slot,? Huberdeau observed. ?He scores a lot of goals. You could see that in exhibition games. He scored in every exhibition game since the beginning so it?s easy to play with him.?
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ENGLEWOOD, N.J. ? An actor who appeared on stage at London's Globe Theatre and on television in "Sanford & Son" has died in New Jersey.
Graham Brown was 87.
Actress Barbara Montgomery often appeared with Brown on the stage and had power of attorney on his behalf. She says he died Tuesday of pulmonary failure at the Lillian Booth Actors' Fund Nursing Home in Englewood.
Montgomery says Brown was meticulous and was a gentleman.
Brown often appeared in stage productions of the New York-based Negro Ensemble Company and was a founding member of the Guthrie Theater in Minneapolis.
He played a school principal on the 1970s sitcom "Sanford & Son" and a judge on "Law & Order." He also had roles in movies including "Malcolm X," "Clockers" and "The Muppets Take Manhattan."
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ATLANTA?? Atlanta police say the rapper Slim Dunkin was gunned down Friday evening in a city music studio as he prepared to record a video.
Love him or hate him, the self-proclaimed King of All Media really is a great fit, and not just for "AGT," but for talent ...
Police Maj. Keith Meadows said the performer, whose real name is Mario Hamilton, was fatally shot in the chest after getting into an argument with another individual.
"It appears the victim was scheduled to do a photo shoot," Meadows told The Associated Press. "Before the video shoot took place, it appears the victim and suspect got involved in a verbal altercation. We don't know what that altercation was about."
"The suspect produced a weapon, discharged that handgun one time, striking the victim in the chest," Meadows said.
The performer was transported to Grady Memorial Hospital where he was pronounced dead.
Meadows said police have not been able to identify the shooter. He said 13 to 20 people were in the small office-type building in southeast Atlanta at the time of the shooting, which took place around 5:30 p.m., but they were in different places.
"We've questioned a number of witnesses inside the recording studio at this time." Meadows said.
Police have not recovered the handgun that was used. Investigators remained at the scene late Friday evening.
"Right now we're just trying to....identify who may have seen what, really just trying to put the pieces of the puzzle together," Meadows said. "It seems everybody witnessed something very different. We're just trying to go back and make sense of everything."
Meadows said the victim was in his early 20s and resided in the Atlanta area.
Many fans were posting messages late Friday night on the rapper's Facebook page.
Mtv.com reported that Slim Dunkin had appeared on a number of songs with the performer Waka Flocka. The website reported that the Brick Squad Monopoly rapper was on a solo track and had recently released a 20-track mix tape that featured Gucci Mane. Roscoe Dash and Pastor Troy.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Source: http://today.msnbc.msn.com/id/45705435/ns/today-entertainment/
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In those long lost days, when we were young and childless, we often went out to parties together in a kind of gang, and I remember one evening when Martin, Christopher, and my husband and I all arrived?possibly after one or two cocktails?at some upwardly mobile soiree given by Arianna Stassinopoulos (not yet Huffington) in a hideous apartment in one of those white bricked buildings on the Upper East Side. ?Why I can?t quite recall now, but Christopher and Martin took it into their heads to start chanting, ?Fuck pigs frolic in a fountain of jizz.?? I think this catchy phrase might have come from a headline in Screw magazine?hey, you can?t say that those hacks don?t have a way with words?and we all laughed so much, while never letting go of the chant, that we were soon, unsurprisingly, asked to leave. Christ, how silly?and happy?we were.
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BEVERLY HILLS, Calif. (AP) ? Silent film is taking over Hollywood's awards scene. The silent-era tale "The Artist" heads the Golden Globes with six nominations, among them best comedy or musical, and acting honors for its French stars, Jean Dujardin and Berenice Bejo.
Tied for second-place with five nominations Thursday are the 1960s racial tale "The Help" and George Clooney's Hawaiian family story "The Descendants." Both films are up for best drama, while Clooney was nominated for best dramatic actor and "The Help" earned acting slots for Viola Davis, Octavia Spencer and Jessica Chastain.
"We've all been striking out trying to make our dreams come true, and the fact that our very first studio film is being so well received and embraced is humbling and exciting," said supporting-actress nominee Spencer, an awards-season newcomer and longtime friend of Tate Taylor, the first-time director of "The Help," based on his childhood pal Kathryn Stockett's best-seller.
Also competing for best drama: Martin Scorsese's Paris adventure "Hugo"; Clooney's political thriller "The Ides of March"; Brad Pitt's baseball chronicle "Moneyball"; and Steven Spielberg's World War I epic "War Horse."
Joining "The Artist" in the best musical or comedy category are: the cancer story "50/50"; Kristen Wiig's wedding romp "Bridesmaids"; Woody Allen's romantic fantasy "Midnight in Paris"; and Michelle Williams' Marilyn Monroe tale "My Week With Marilyn."
Dujardin, who won the best-actor prize for "The Artist" in its premiere at last May's Cannes Film Festival, was nominated for best actor in a musical or comedy. He plays a silent-film star whose career nosedives as talking pictures take over in the late 1920s in "The Artist," which has virtually no spoken dialogue and is shot in the boxy, black-and-white format of the silent era.
The actor called his nomination an "incredible gift."
"To be recognized alongside such brilliant actors is an honor," Dujardin said. "The Golden Globe nomination for 'The Artist' has left me speechless!"
"The Artist" also picked up a supporting actress honor for Bejo as a rising star of the sound era. Filmmaker Michel Hazanavicius earned directing and screenplay nominations for the film, which also is up for best musical score.
Along with the Screen Actors Guild Award nominations a day earlier, the Globes help narrow down prospects for the Academy Awards, whose nominations come out Jan. 24. If "The Artist" earns a best-picture nomination then, it will be the first silent movie with a serious shot at Hollywood's top prize since the very first year of the Oscars, for 1927-28, when the silent flicks "Wings" and "Sunset" took top honors.
"They said I was crazy to take on making a black-and-white, silent movie, but I had a feeling 'The Artist' could be something special, something magical," said the film's producer, Thomas Langmann. "I'm so thankful that audiences are taking a chance and embracing it with a spirit of adventure and love of cinema."
Clooney has three nominations. Besides best dramatic actor as a neglectful dad tending his daughters in "The Descendants," he's up for directing and screenplay for "The Ides of March." For the acting prize, Clooney will compete against his "Ides" co-star Ryan Gosling, who plays a presidential candidate's aide. Gosling had a second nomination for best musical or comedy actor as a ladies man in the romance "Crazy, Stupid, Love."
Glenn Close is also a dual contender, as best dramatic actress as a woman masquerading as a male butler in the Irish drama "Albert Nobbs" and for best song for writing the lyrics to "Lay Your Head Down," the film's theme tune.
Also nominated for dramatic actress: Davis as a black maid going public with stories about her white employer in "The Help"; Rooney Mara as a traumatized victim-turned-avenger in "The Girl with the Dragon Tattoo"; Meryl Streep as British Prime Minister Margaret Thatcher in "The Iron Lady"; and Tilda Swinton as a grieving woman coping with her son's terrible deeds in "We Need to Talk About Kevin."
Clooney has another pal in the dramatic actor race, his "Ocean's Eleven" franchise co-star Pitt, who's nominated for his "Moneyball" role as Oakland A's general manager Billy Beane. And Clooney also is competing for best director against his boss in "The Descendants," filmmaker Alexander Payne.
Gosling, Clooney and Pitt are up against Leonardo DiCaprio as FBI boss J. Edgar Hoover in "J. Edgar" and Michael Fassbender as a sex addict in "Shame."
Pitt's romantic partner, Angelina Jolie, picked up a nomination for foreign-language film for her directing debut, the Bosnian war drama "In the Land of Blood and Honey."
"I am forever indebted to our cast and crew, who experienced their own personal tragedies in the Bosnian war and gave me an authentic perspective into the conflict," Jolie said.
Scorsese for "Hugo" and Allen for "Midnight in Paris" join Clooney, Hazanavicius and Payne in the directing category.
"Making 'Hugo' was an extraordinary experience for me," said Scorsese, whose tale is a loving nod to the early years of cinema and French director Georges Melies. "It gave me a chance to work in 3-D, which I've wanted to do since I was young; it allowed me to make a child's adventure, the type of picture that I loved when I was young; and it provided an occasion to pay tribute to one of the cinema's greatest pioneers, Georges Melies."
Though "War Horse" made it in for best drama, Spielberg missed out on a directing nomination.
Spielberg has a consolation prize with a nomination for his first animated film, "The Adventures of Tintin." Other animation nominees are: James McAvoy's "Arthur Christmas," Owen Wilson's "Cars 2," Antonio Banderas and Salma Hayek's "Puss in Boots" and Johnny Depp's "Rango."
Along with Gosling and Dujardin, Wilson was nominated for musical or comedy actor as a writer nostalgic for the 1920s France of Hemingway and Fitzgerald in "Midnight in Paris." Also nominated are Brendan Gleeson as a bawdy, rule-breaking Irish cop on a drug investigation in "The Guard" and Joseph Gordon-Levitt as a cancer patient aided by an assortment of oddballs in "50/50."
Roman Polanski's domestic showdown "Carnage" earned musical or comedy actress slots for both Jodie Foster and Kate Winslet as mothers squabbling over their sons' schoolyard fight. The other nominees are: Charlize Theron as a delusional woman plotting to win back her high school boyfriend from his wife in "Young Adult"; Wiig as a maid of honor whose life is unraveling in "Bridesmaids"; and Williams as Marilyn Monroe during a chaotic film shoot in "My Week With Marilyn."
Kenneth Branagh as Laurence Olivier, Monroe's exasperated co-star and director on "The Prince and the Showgirl," was nominated for supporting actor.
"To be recognized for portraying one of the greatest actors of our time is truly an honor," Branagh said.
Also in the supporting-actor race: Albert Brooks as a gregarious but ruthless gangster in "Drive"; Jonah Hill as a statistics prodigy in "Moneyball"; Viggo Mortensen as Sigmund Freud in "A Dangerous Method"; and Christopher Plummer as an ailing, elderly father who comes out as gay in "Beginners."
Besides Bejo and Spencer, who plays a sassy maid in "The Help," supporting-actress nominees include "The Help" co-star Chastain as Spencer's lonely new boss. The other nominees are Janet McTeer as a cross-dressing laborer in "Albert Nobbs" and Shailene Woodley as a troublesome teen in "The Descendants."
Winslet had a second nomination, as best actress in a TV miniseries or movie for "Mildred Pierce." ''Downton Abbey" and "Mildred Pierce" tied for the most television nominations with four, with both shows competing for best miniseries or movie.
Several TV newcomers were among the nominees, including "Boss," ''New Girl," ''American Horror Story" and "Homeland."
"I feel very lucky to be part of it," said "Homeland" star Damian Lewis, who plays a Marine rescued in Afghanistan after eight years in captivity but who draws the suspicion of a CIA operative, played by Claire Danes. "Now I may even be in season 2 now."
Zooey Deschanel, star of the Fox comedy "New Girl," learned of her nomination as best actress in a comedy and also the show's nod for best comedy after waking up to find her cellphone's mailbox was full with messages.
"I don't expect to be recognized or validated. I've been doing this so long, and I've done so many movies where I work really hard and don't ever get this kind of attention. But I so appreciate it, I'm so thankful!" she said while on the way to work.
With drinks and dinner, the Globes are a laid-back affair for Hollywood's elite compared to the Oscars. The show turned a bit touchy last year as host Ricky Gervais repeatedly made sharp wisecracks about stars and the Hollywood Foreign Press Association, a group of about 85 entertainment reporters for overseas outlets that presents the Globes.
But Gervais helped give the show a TV ratings boost, and he's been invited back as host for a third-straight year.
Before the nominations announcement, the press group's president, Aida Takla-O'Reilly, joked that Gervais is a "naughty, naughty schoolboy."
Five-time Academy Award and Globe nominee Morgan Freeman ? who won the supporting-actor Oscar for "Million Dollar Baby" and a best-actor Globe for "Driving Miss Daisy" ? will receive the group's Cecil B. DeMille Award for lifetime achievement at the Jan. 15 ceremony.
___
Online:
http://www.goldenglobes.org
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New York ? President Obama's health-care bill requires that every American have health insurance. Is that constitutional?
Who first proposed making health insurance compulsory?
The Heritage Foundation, a conservative think tank. In the late 1980s, when Democrats were pushing to require employers to provide health insurance, the foundation started thinking about ways to achieve universal coverage without placing a heavy burden on business. Its experts soon encountered the "free rider" problem: In a system where insurers are barred from refusing applicants with pre-existing conditions, many people ? especially the young and healthy ? would only buy a policy when illness struck. But if only sick people bought coverage, insurers would pay out more in doctors' bills than they received in premiums, and quickly go bust. To overcome this death spiral, the Heritage Foundation suggested that every American be required to buy health insurance, a requirement known as the individual mandate.
Which politicians took up that idea?
Many Republicans did in the early 1990s, after President Clinton introduced a plan that would have forced companies to cover employees. "I am for people, individuals ? exactly like automobile insurance ? having health insurance and being required to have health insurance," said Newt Gingrich, then House minority whip, in 1993. When the Clinton plan collapsed in 1994, talk of the individual mandate died with it. But a decade later, Mitt Romney, then the governor of Massachusetts, resurrected the concept for his state health-care plan, which requires residents to buy health insurance or pay up to $1,212 in annual penalties. "It's a Republican way of reforming the market," Romney said when the law debuted, in 2006. "[To have] people show up [at a hospital] when they get sick, and expect someone else to pay, that's a Democratic approach."
SEE MORE: A conservative judge's 'compelling' defense of 'ObamaCare'
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So why did Obama adopt a Republican proposal?
At first, he didn't want to. During his 2008 campaign for the Democratic nomination, Obama ran a TV ad criticizing rival candidate Hillary Clinton's support for a mandate, saying she would force everyone "to buy insurance, even if you can't afford it." But after President Obama and the Democratic Congress began to construct his health-care plan, advisers warned that free riders would undermine the objectives of extending insurance coverage to anyone who wanted it. For health reform to work, young, healthy people had to be pushed into the pool, to spread cost and risk. So the president allowed his 2010 Affordable Care Act to incorporate a provision that, by 2014, all Americans must have health coverage or face a tax penalty. Conservatives decried that directive as a gross infringement of individual liberty, and their anger helped fuel the rise of the Tea Party. Twenty-six states and the National Federation of Independent Business are now challenging the mandate's constitutionality at the Supreme Court, which will make a final judgment by June.
How has Obama responded?
His administration argues that the mandate is authorized by the Constitution's commerce clause, which allows the federal government to regulate interstate economic activity. Several conservative judges agree. In a November appeals court decision that upheld the mandate, Judge Laurence Silberman, a Reagan appointee, declared that Congress must "be free to forge national solutions to national problems." And this summer, Judge Jeffrey Sutton ? a George W. Bush appointee to the 6th Circuit Court of Appeals ? concluded that the individual mandate is a legally sound way to prevent taxpayers and hospitals from having to pick up the cost of treating the uninsured. "Not every intrusive law is an unconstitutionally intrusive law," he wrote.
SEE MORE: Should the Supreme Court's 'ObamaCare' arguments be televised?
?
Haven't other judges disagreed?
Yes. In August, the 11th Circuit Court of Appeals declared that it could find no precedent for ordering Americans to buy health insurance. "Even in the face of a Great Depression, a World War, a Cold War, recessions, oil shocks, inflation, and unemployment," the majority wrote, "Congress never sought to require the purchase of wheat or war bonds, force a higher savings rate or greater consumption of American goods." Other federal judges and critics of "Obamacare" warn that the mandate sets a dangerous precedent that the government could use to make citizens purchase whatever it deems good for them ? or for the economy. "Congress could require every American to buy a new Chevy Impala every year," said a 2009 Heritage Foundation report.
What happens if the individual mandate is voided?
It depends. If the Supreme Court decides that the Affordable Care Act can't function without the individual mandate, it could strike down the entire law. But it might declare the mandate "severable," and remove that particular part of the law, while letting the rest of it limp along, with far fewer uninsured people covered and less ability to rein in costs. Some experts have proposed that instead of the uninsured being required to buy insurance, they could be "nudged" into the health-care system by giving them a window of time during which they could buy insurance relatively inexpensively; once that window closed, the cost would rise sharply. The problem with any alternative to the individual mandate, said Paul Ginsburg, president of the Center for Studying Health System Change, is that it would have to be approved by the bitterly divided Congress. "You can't expect that in these times," he said. "People don't work on these compromises too readily anymore."
SEE MORE: The 'ObamaCare' case: Should Elena Kagan and Clarence Thomas sit out?
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How the Supreme Court could punt
Next year's Supreme Court hearing has been billed as judgment day for Obama's Affordable Care Act. But it might end with no judgment at all. Before the justices rule on the individual mandate's constitutionality, they will first have to decide whether the 1867 Anti-Injunction Act bars the claimants' challenge. That law prevents citizens from challenging the legality of a tax before it goes into effect. If the court finds that the penalty for defying the Affordable Care Act's mandate is a tax, they could push a legal challenge back to 2015, when the first fines will be levied. And that, said Simon Lazarus, an expert at the National Senior Citizens Law Center, might "be a good solution for a court that doesn't really care to be Public Issue No. 1 in an election year."
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LONDON (Reuters) ? Stock markets and the euro fell on Wednesday, worried by record high borrowing costs for Italy and the Federal Reserve's decision to do nothing new to prop up growth despite warning Europe's debt crisis could hurt the U.S. economy.
The euro broke 11-month lows versus the dollar below $1.30 after Rome's auction of five-year debt, with foreign exchange markets still speculating that more rating downgrades were in prospect for euro zone governments.
"Uncertainties on the future of the debt crisis remain high and the market seems to be mainly driven by flight-to-quality this morning," said Annalisa Piazza, market economist at Newedge Strategy.
Italy paid a euro era record 6.47 percent on its new five-year bonds, compared with the previous record of 6.3 percent set in November.
Financial markets have been sliding since the start of the week as investors came to the conclusion that measures agreed at last week's EU leaders summit did not go far enough to resolve the two-year-old debt crisis.
Germany also sold debt, raising 4.2 billion euros at an auction of two-year bonds at average yields of 0.29 percent, compared with 0.39 percent at the last such auction. The German sale drew bids worth 1.4 times the amount on offer, up from 1.1 times at the last auction and the low yields illustrated how desperate investors are to find a safe haven for their money.
European shares slipped on concerns over the lack of Fed policy action with the FTSEurofirst 300 (.FTEU3) index down about 0.65 percent. The heavyweight banking sector, strongly exposed to the euro zone crisis, lagged. The STOXX Europe 600 Banking Index (.SX7P) fell 0.7 percent.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday after markets there fell sharply following the Fed's decision to leave monetary policy unchanged.
The dollar index (.DXY), which tracks the dollar's value against a basket of currencies, was off highs but still up around 0.7 percent at 80.30.
Oil and industrial commodity prices were mostly softer, with Copper falling to a two-week low, and Brent crude dipping 0.75 per cent to around $108.66 a barrel.
EURO FEARS
Economic data on euro zone industrial production in October reinforced the view that the region's economy is headed towards a contraction in the fourth quarter and beyond that into a new recession.
Output slipped 0.1 percent in October after plunging 2.0 percent month-on-month in September.
"Manufacturers are now very much on the back foot and finding life extremely challenging as domestic demand is hit by tighter fiscal policy, squeezed consumer purchasing power, and heightened euro zone sovereign debt tensions," said Howard Archer of IHS Global Insight.
The influential Munich-based Ifo Institute said Germany's economy could lose momentum over the winter and would grow just 0.4 percent next year, as uncertainty over the euro zone crisis and a global economic slowdown prompts firms to invest less and weighs on exports.
The latest Ifo forecast was just half the previous estimate for 2012 growth of 0.8 percent, and reflects a sharp deterioration in the outlook even for Europe's biggest and most successful economy over the past few months.
Rising prices, muted wage growth and public sector cuts have squeezed disposable incomes across Europe. Spain's Inditex SA (ITX.MC), the world's largest clothing retailer and owner of the popular Zara label, said sales growth eased in the third quarter.
The number of Britons out of work also rose to its highest level in more than 17 years in the three months to October, official data showed.
Meanwhile the region's banks tripled their demand for European Central Bank-offered dollars at the central bank's second weekly offering since slashing the cost of borrowing dollars, making the facility much more attractive to banks and easing funding woes.
(Additional reporting by Sarah Morris and Silvia Antonioli; editing by Patrick Graham)
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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/uidz8RggdM0/story01.htm
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NEW YORK ? The nation's crude oil supplies declined last week, the government said Wednesday.
Crude supplies shrank by 1.9 million barrels, or 0.6 percent, to 334.2 million barrels, which is 3.4 percent below year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
Analysts expected a decrease of 2 million barrels for the week ended Dec. 9, according to Platts, the energy information arm of McGraw-Hill Cos.
Gasoline supplies grew by 3.8 million barrels, or 1.8 percent, to 218.8 million barrels. That's 1.9 percent above year-ago levels. Analysts expected gasoline supplies to increase by 2 million barrels.
Demand for gasoline over the four weeks ended Dec. 9 was 4.5 percent lower than a year earlier, averaging 8.7 million barrels a day.
U.S. refineries ran at 85.1 percent of total capacity on average, 2.7 percentage points down from the prior week. Analysts expected capacity to fall to 87.7 percent.
Supplies of distillate fuel, which include diesel and heating oil, rose by 500,000 barrels to 141.5 million barrels. The increase matched analysts' expectations.
In morning trading Benchmark crude fell $3.58, or 3.6 percent, to $96.56 a barrel in New York.
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WASHINGTON ? TITLE: "Is The America We Love A Thing Of the Past? Newt Says No."
LENGTH: One minute.
AIRING: Scheduled for Iowa television and cable markets.
KEY IMAGES: The ad is laden with Americana, down to the white picket fence, the Statue of Liberty and the American stars and stripes.
Gingrich's ad uses stock images of Main Street, a mountain range, a steel plant and a farm, all appealing to a sense of patriotism. As Gingrich speaks, the imagery fades from one tableau to another.
"Some people say the America we know and love is a thing of the past. I don't believe that, because working together I know we can rebuild America," Gingrich says into the camera in the minute-long spot.
"We can revive our economy and create jobs, shrink government and the regulations that strangle our businesses, throw out the tax code and replace it with one that is simple and fair," Gingrich continues as the video shows a woman working as a florist and men working in a factory.
"We can regain the world's respect by standing strong again, being true to our faith and respecting one another," he says as the ad shows Marines in dress uniforms and church steeples.
"We can return power to the people and to the states we live in so we'll all have more freedom, opportunity and control of our lives. Yes, working together, we can and will rebuild the America we love," Gingrich concludes while the ad shows a rancher herding cattle, the Des Moines statehouse and a teacher working with a student.
ANALYSIS: The Reagan-esque, upbeat ad doesn't mention any of Gingrich's rivals for the Republican presidential nomination and instead tugs at caucus-goers' heartstrings.
Gingrich, enjoying a popular surge, is using his first ad to promote a positive vision for a campaign rooted in optimism and ideas. The former House speaker is leaning heavily on rosy nostalgia as he looks to quickly build support that his rivals have had months ? if not years ? to put together.
Gingrich's ad is a hearty helping of what Republican voters are looking for ? American greatness, criticism of Washington's regulation and taxes, and faith. And while it never explicitly criticizes President Barack Obama, the ad clearly depicts Gingrich as the answer to the struggling economy that tops voters' concerns.
Gingrich's campaign imploded and went broke during the summer but is having something of a comeback just as voters are tuning in. Gingrich went into October with more than a million dollars in debt but seems to have picked up the fundraising pace as his rivals stumbled. Coming off a string of strong debate performances, Gingrich has turned to GOP donors and voters with the pitch that he's best suited to take on Obama next year.
Massachusetts Gov. Mitt Romney, Texas Gov. Rick Perry and Rep. Ron Paul of Texas already are airing ads in Iowa.
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Nearly a year away from the 2012 election, we?ll talk to the president?s 2008 campaign manager, now White House Senior Adviser, David Plouffe. Then author of the definitive new biography on the late Apple CEO, Steve Jobs, Walter Isaacson; Author of the new book ?The Time of Our Lives,? NBC News Special Correspondent, Tom Brokaw; Former Governor of Michigan, Jennifer Granholm; and Republican strategist, Mike Murphy.
Source: http://www.msnbc.msn.com/id/3032608/vp/45541697#45541697
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Donald Trump apparently didn't take kindly to Ron Paul's decision to skip the NewsMax-hosted forum moderated by the developer and reality TV star, saying it created a circus-like atmosphere around the presidential race.
"As I said in the past and will reiterate again, Ron Paul has a zero chance of winning either the nomination or the presidency," Trump said in a statement in response to Paul, adding, "my poll numbers were substantially higher than any of his poll numbers, at any time."
Continue Reading"Few people take Ron Paul seriously and many of his views and presentation make him a clown-like candidate," he said. "I am glad he and Jon Huntsman, who has inconsequential poll numbers or a chance of winning, will not be attending the debate and wasting the time of the viewers who are trying very hard to make a very important decision."
Trump referred to his book that's coming out and his claim he is worth more than $7 billion, and asked why he is "not the right person to lead this country out of economic chaos or at least to moderate a debate. I would like to see how Ron Paul would fair in the world of big business."
Paul was the first candidate competing in Iowa to reject the invitation for the Dec. 27 event. His move may give cover to other candidates to do the same - although Trump's comments are a reminder of the potential problem with skipping it.
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UNITED NATIONS ? The International Criminal Court's deputy prosecutor has edged out 51 other candidates to win the informal endorsement of the 119 countries that support the tribunal to be the next chief prosecutor.
Liechtenstein's U.N. Ambassador Christian Wenaweser, president of the tribunal's Assembly of States Parties, told the Associated Press that the countries concluded informal consultations Wednesday. He said they agreed that 51-year-old Gambian lawyer Fatou Bensouda should succeed Luis Moreno Ocampo, whose nine-year term expires in 2012.
Wenaweser said that at an informal meeting of the 119 countries on Thursday, he will ask that Bensouda be formally elected on Dec. 12.
The International Criminal Court, which began operating in 2002, is the world's first permanent war crimes tribunal.
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Brooklyn band unveils new album with a thoroughly badass teaser trailer.
By James Montgomery
Derek E. Miller and Alexis Krauss of Sleigh Bells
Photo: Getty Images
When it comes time to reveal a thoroughly badass album title, there's really no other way to do it than with a thoroughly badass teaser trailer. And that's exactly what Brooklyn bashers Sleigh Bells just did, premiering an ominous, thundering clip for their new album ... which is called Reign of Terror.
The teaser opens with a scene of the Bells' Alexis Krauss sitting at a vanity mirror, very seriously combing her hair (while wearing a Marine Dress Uniform), then quickly switches to series of hectic, seizure-inducing live clips, interspersed with various shots of life-on-the-road ephemera (they apparently attended at least one LSU football game) and in-the-studio hijinks (Bud Light! Guns! A mirrored skeleton mask!) It's all backed by a churning, chunky guitar track, which seems to hint that Reign of Terror is most definitely going to be a loud — if not slightly terrifying — listen.
And while there's plenty of visceral gristle in the teaser trailer, it doesn't actually include a release date for the new album, the follow-up to Sleigh Bells' 2010 breakout Treats (one could reasonably assume it's due in 2012, however).The dynamic duo rode that disc hard, including a thunderous performance at the 2011 mtvU Woodie Awards, and a collaboration with none other than Beyoncé, one that was reportedly supposed to appear on her 4 album. That track (or tracks) never materialized. Instead, the Bells focused on writing and recording Terror.
And, judging by what we've now seen ... that was probably the right decision. Their Reign is set to commence next year.
Sound off on the Bells' Reign of Terror teaser trailer in the comments below!
Related ArtistsSource: http://www.mtv.com/news/articles/1675296/sleigh-bells-reign-of-terror.jhtml
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NEW YORK ? Online shoppers spent record amounts on the Monday after the Thanksgiving holiday weekend, making it the biggest online shopping day in history.
Online sales rose 22 percent to $1.25 billion on "Cyber Monday," when retailers ramp up online promotions, according to research firm comScore Inc. That makes it the biggest online shopping day ever, the research firm said. A year ago, "Cyber Monday" sales topped $1 billion for the first time
IBM Benchmark, another company that tracks online sales, reported a 33 percent rise. The average order rose 2.6 percent to $193.24 this year, according to IBM Benchmark. It didn't give total dollar sales numbers for comparison. The company said about 80 percent of retailers offered online deals.
The Cyber Monday numbers point to Americans' growing comfort with using their personal computers, tablets and smartphones to shop.
Over the past few years, big chains like Wal-Mart Stores Inc., the world's largest retailer, have offered more and better incentives, like hourly deals and free shipping, to capitalize on that trend. It's important for retailers to make a good showing during the holiday shopping season, a time when they can make up to 40 percent of their annual revenue.
"Retailers that adopted a smarter approach to commerce, one that allowed them to swiftly adjust to the shifting shopping habits of their customers, whether in-store, online or via their mobile device, were able to fully benefit from this day and the entire holiday weekend, said John Squire, chief strategy officer, IBM Smarter Commerce.
About 6.6 percent of online shoppers used a mobile device to shop, up from 2.3 percent last year. Apple Inc.'s iPhone and iPad were the top mobile devices for retail traffic, with Android devices coming in third.
Web traffic rose 28 percent on Monday, according to another firm, online content-delivery firm Akamai. The peak was at 9 p.m. Eastern when shoppers across the country were online.
The numbers echo a strong shopper showing in brick-and-mortar stores over the holiday weekend. A record 226 million shoppers visited stores and websites during the four-day holiday weekend starting on Thanksgiving Day, up from 212 million last year, according to the National Retail Federation trade group. And sales on Black Friday, the day after Thanksgiving, rose 7 percent to $11.4 billion, the largest amount ever spent, according to ShopperTrak, which gathers stores' data.
A clearer picture of how holiday sales are shaping up will come on Thursday, when major retailers report November sales.
The term "Cyber Monday" was coined in 2005 by The National Retail Federation to encourage Americans to shop online on the Monday after Thanksgiving. It is not always the busiest online shopping day, but in recent years sales on the day have increased as retailers offer more deals specifically for Cyber Monday.
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