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Christine Lagarde named IMF head

French finance minister, who succeeds Dominique Strauss-Kahn, becomes first woman to hold top IMF job French finance minister Christine Lagarde has become the new head of the IMF after the fund’s board confirmed her appointment following a meeting in Washington. Lagarde, who takes over from Dominique Strauss-Kahn, is the first woman to hold the post. She will begin her five-year term on 5 July. After the board’s announcement, Lagarde tweeted : “The results are in: I am honored & delighted that the Board has entrusted me with the position of MD of the IMF!” Official confirmation came after the US hadformally endorsed Lagarde’s candidacy. Treasury secretary Tim Geithner said: “Minister Lagarde’s exceptional talent and broad experience will provide invaluable leadership for this indispensable institution at a critical time for the global economy. We are encouraged by the broad support she has secured among the fund’s membership, including from the emerging economies.” French president Nicolas Sarkozy was quick to show his support for his compatriot. He said in a statement: “The French presidency rejoices that a woman is taking on this important international role.” Chancellor George Osborne hailed Lagarde’s appointment as “good news for the global economy and for Britain.” He said: “She is the best person for the job, which is why Britain was one of the first countries to propose her. She has been a strong advocate for countries tackling high budget deficits and living within their means.” Lagarde has the support of most European countries, and is seen as an ideal candidate to handle the IMF’s ongoing bailout of weak eurozone countries. Many observers felt the time had come for a non-European to take the post, but despite initial coolness towards her candidacy China and Russia backed Lagarde’s appointment. Along with the US, she has the explicit support of nations including Indonesia and Egypt, representing more than half the IMF’s 24 voting board members. The executive board represents the 187 members of the IMF. Russian finance minister Alexei Kudrin told the ITAR-TASS news agency: “I think that she has all the necessary qualities and we will support her candidacy. She will be able to make this key international organisation more dynamic, and ensure its future reform.” Her closest competitor, Mexican central banker Agustín Carstens, won endorsements from Mexico, Canada and Australia, which together represent 12% of IMF board seats. Geithner commended Carstens “on his strong and very credible candidacy.” Lagarde’s appointment caps a tumultuous period for the IMF, currently led by Strauss-Kahn’s deputy John Lipsky, who was planning to retire before Strauss-Kahn’s arrest. “I am well aware that recent events have left open wounds,” Lagarde said in a statement to the IMF. “I know that John [Lipsky's] departure, coming as it does at the very worst of times, will leave a big hole. The incoming MD must take pains to show the outside world that this great institution is not only leading in terms of expertise, but also in terms of integrity and work ethics.” Emerging market countries initially fought hard to have one of their own claim the top IMF job. The IMF has been headed by a European since is creation at the end of second world war. But with Europe in crisis the French minister emerged as the clear favourite. Lagarde, 55, led the Chicago-based law firm Baker & McKenzie before entering French politics in 2005. She is the first woman to head the IMF. Mohamed El-Erian, a former IMF official and now chief executive of Pimco, one of the world’s largest bond investors, said: “[Lagarde's] major priority is to restore legitimacy to an institution demoralised by the arrest of Strauss-Kahn, seen to be excessively influenced by political directives, and lacking global legitimacy, especially among emerging economies. El-Erian added: “She needs to follow up on her promises to emerging economies, including removing nationality-based approaches to key appointments. “She can start with the soon-to-be-vacant first deputy post which, traditionally, has been a US Treasury decision rather than one based on merit. “She needs to make the IMF more representative of today’s global realities, restore technical rigor to its interactions with member countries, and prepare the balance sheet for the potential of some financial impairment on account of recent lending.” Christine Lagarde IMF Economics France Global economy Europe Dominic Rushe guardian.co.uk

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Unrest in Syria Drives Tourists Away

Political unrest in Syria is helping keep tourists away, hurting restaurants and hotels and taking a chunk out of the country’s economy. (June 28)

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First Person: Bulger ‘Cold and Calculated’

A confidant of wanted gangster Whitey Bulger said the now-captured 81-year-old spent years preparing for a life on the run. Kevin Weeks said Bulger stashed cash around the country, wanting to live an anonymous life in a sunny place. (June 28)

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It was with gladness in our hearts that all of us at Blue America celebrated the state of New York legalizing gay marriage this past week-end. It was a welcome reminder that even in this era of Tea Parties and economic malaise, human progress cannot be stopped. Imagine if we had a national government with enough fighters for working families to make progress on all fronts, from civil rights to economic justice to ending our useless expensive wars. Imagine if we had more leaders like Raul Grijalva, Keith Ellison and Donna Edwards to press for that agenda.

 Yesterday, longtime progressive congresswoman Lynn Woolsey announced her retirement from the Congress after a long and illustrious career. And Blue America endorsee and longtime political activist and author Norman Solomon stands ready and able to carry on the progressive tradition of that district and join the above list of progressive leaders. 

“We’re gaining the kind of traction that a grassroots campaign needs in order to win,” Solomon says, “the groundswell of support is very encouraging.” 

Indeed it is. We need congressional representatives who understand that we are no longer able to afford open ended military adventures and corrupt political boondoggles and Norman has been fighting to end them his entire life.These issues are no longer matters of abstract ideology– they are necessary and pragmatic approaches to the problems of our time. We need people like Norman Solomon in congress to lead the way.

 

And please help Norman with a donation if you can. 

The good news is that it looks as though we aren’t the only progressives who are enthusiastic about him– the campaign has managed to collect $100,000 already from small donors. But he is not a corporate funded Democrat and will need our help to compete. 

 Howie writes today (all the way from Asia!): Yesterday Norman penned a guest Op-E d for the Marin Independent Journal that presents a lot of insight into what kind of congressman he’d be– and into why Blue America is so committed to his candidacy. I bet this is what you wish YOUR congressmember and senator– not to mention our president– was saying about the dangers of nuclear energy… and what to do about it. But they’re not. It’s why it’s so crucial that we need real leaders like Norman Solomon, not just someone who will probably vote well in the House. Several decades ago, three expert nuclear engineers told a congressional panel why they decided to quit: “We could no longer justify devoting our life energies to the continued development and expansion of nuclear fission power– a system we believe to be so dangerous that it now threatens the very existence of life on this planet.” The Joint Committee on Atomic Energy heard that testimony in 1977, when the conventional wisdom was still hailing “the peaceful atom” as a flawless marvel. During the same year, solid information convinced me to move from concern to action against nuclear power. By the time the 1979 accident at the Three Mile Island nuclear power plant came close to rendering much of central Pennsylvania uninhabitable, I was nearly two years into full-time anti-nuclear work that included public education, civic activism and nonviolent direct action. Given what was at stake, I didn’t mind spending a month in jail for civil disobedience. More than 30 years later, the ongoing disaster at Japan’s Fukushima Daiichi plant underscores the grim realities of nuclear power, ranging from catastrophic reactor accidents to highly radioactive waste that will remain deadly for many thousands of years. The U.S. Nuclear Regulatory Commission and the Energy Department have been avidly promoting nuclear power for decades. Periodic calls for more “studies” have kicked the radioactive can down the road. I reject the notion that we should wait for such nuclear-enthralled agencies to tell us whether nuclear power is an acceptable risk for Californians. As the director of the National Citizens Hearings for Radiation Victims in 1980, I learned a lot about patterns of official enabling of the nuclear industry– with awful results for human health and the environment. Similar patterns persist in this country. In contrast, the government of Germany has seen the light. At the end of last month, Chancellor Angela Merkel announced a reversal of policy– moving to shut down nuclear power instead of trying to expand it. The decision to immediately close eight German nuclear power plants and shut the rest by 2022 came in a country that had been getting 23 percent of its electricity from nukes. Here in California, we’re less reliant on this Faustian technology, getting just 15 percent of our electricity from nuclear power. The state has a lot of excess generating capacity from other sources, but far better choices for the environment are within our grasp. Don’t you think that’s a point of view that deserves to have representation in the congress? Is it too much to ask that we have at least a few liberal voices willing to speak out on issues like nuclear power and endless wars in the US Congress? We don’t think so. Please consider helping Norman bring this kind of thinking to Washington by contribution to his campaign through ActBlue . Norman summed his platform up in one powerful sentence today saying is he’s elected to Congress, he “will insist that we need to bring our troops and tax dollars home– that we need healthcare not warfare– that we must resist corporate power– that caving in to Wall Street and polluters and enemies of civil liberties is unacceptable.” Please welcome Norman Solomon back to Blue America.

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‘Horrible Bosses’ Red Band Trailer: Jennifer Aniston Gets Raunchy, Charlie Day Gets Pissed (VIDEO)

Almost two decades in to being one of America’s Sweethearts, Jennifer Aniston is reaching a new high — by going for a new low. Aniston, as has been consistently highlighted, stars in the upcoming hard-R film, “Horrible Bosses,” the tale of three men (Jason Bateman, Jason Sudeikis and Charlie Day) who want to murder their, well, horrible bosses. Aniston plays one of those awful employers, a sexual harassment-happy dentist with a very non-traditional definition of rape. And order in which she eats her courses at dinner. Kevin Spacey and a barely recognizable Collin Farrell take on the roles of the other two bosses, while Jamie Foxx, as Motherf*cker Jones, plays a hitman inspiring the three beleaguered employees to pull off the killings. This new trailer gives the most graphic details of the film yet; come July 8th, all the horribleness will be in full view. WATCH: Video: Exclusive RED BAND Trailer: Horrible Bosses

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Eliot Spitzer Fawns Over Openly-Gay Fmr. New Jersey Governor’s Take on NY Same-Sex Marriage Bill

One disgraced former governor hosted another disgraced former governor Monday night to praise New York's same-sex marriage bill. CNN's In the Arena host Eliot Spitzer brought on former New Jersey Gov. Jim McGreevey to discuss the bill in what turned out to be love-fest in honor of McGreevey's pro-gay sentiments. McGreevey, a Democrat, announced he was gay in 2004 while he was in office as governor of New Jersey. The announcement came as he resigned from office revealing that he had an gay affair with another man while married to his wife. [Video below the break.] Spitzer was more than willing to accommodate and extol his views on same-sex marriage, however. He served up such sympathetic questions as “Do you think that politicians still are behind the American public on this issue?” and gave credence to the belief that certain people are born gay. “You just stated it in such a way that it's hard not to feel that that is absolutely the case,” an enchanted Spitzer gushed after McGreevey explained that “if this is how God makes one, we need to understand that within the ark of American liberties.” The former New Jersey governor then indirectly criticized the state's present governor Chris Christie, who opposes legalizing same-sex marriage, saying of Christie and others that eventually “they will catch up with the decency of the American public.” The American people are apparently ahead of the politicians on this issue and hold the “decent” position of legalizing same-sex marriage, and opponents will have to come around eventually. Even President Obama didn't escape the scrutiny of the two Democrats, as Spitzer asked his guest if he was “disappointed” that the president is hesitant to “go beyond where he is” on the issue. “If only he could listen to Michelle more often,” McGreevey quipped. However, it wouldn't be a CNN pro-gay segment without the pundits bashing the Catholic Church and socially-conservative Christians and Jews. “You were raised a Catholic,” Spitzer posed to McGreevey. “Does it bother you that the Catholic Church institutionally has been so recalcitrant on this issue?” The two then went on a spree “interpreting” the Bible's teaching on homosexuality, where McGreevey's education at Yale Divinity School apparently gives him authority to launch typical liberal pointers on scripture. “And the purpose of scripture was not to engage in the prohibition of what I consider to be, as a Christian, of love,” McGreevey preached. “And so I think the bulwark of the Judeo-Christian ethic is to have an understanding of a transcendent god. Not a god that engages in religious-based bigotry,” he added A transcript of the segment, which aired on June 27 at 8:01 p.m. EDT, is as follows: ELIOT SPITZER: Now for tonight's “American Issue.” He shocked America in 2004. Jim McGreevey was governor of New Jersey when he grabbed headlines for being the highest-ranking elected official in the country to announce he was gay. Remember this? (Video Clip) Former New Jersey Gov. JIM MCGREEVEY (D): And so my truth is that I am a gay American. And I am blessed to live in the greatest nation with a tradition of civil liberties, the greatest tradition of civil liberties in the world, and a country which provides so much to its people. (End Video Clip) SPITZER: McGreevey resigned the office later that year following revelations of a gay affair. Former Governor Jim McGreevey joins me now. Jim, thank you for being here. MCGREEVEY: Thanks, Eliot. SPITZER: So here it is seven years later. Attitudes have fundamentally shifted. Could you have predicted that we would get to this tipping point? MCGREEVEY: No. I could not have predicted. And neither would I have thought necessarily we would have had an African-American as president of the United States. But one thing I think so many of us believe in is that is the basic decency of the American people. And that in the narrative of civil liberties expansion, the American public is typically ahead of the political class, as they were most recently. SPITZER: And so you're saying something fascinating. Do you think that politicians still are behind the American public on this issue? MCGREEVEY: Yes, I think both – Eliot, both in terms of culturally, on television programming, on people as they become more and more public, they come out of the closet. You understand a nephew, a son, a father is gay, a mother. And that begins to make it very personal. People understand – people have a personal connection with someone who is a member of the LGBT community, and it profoundly changes the dynamic. SPITZER: Well, I don't think there's any question anybody who has a relative, a friend, and suddenly has that connection suddenly says, wait a minute – my preconceived views have to be wrong. But you make such a deep point, Jim. And it wasn't just about same-sex marriage or gay issues. It is about women's rights, labor rights, the environment. All of these critical movements began in the public. Politicians only catch up much later. MCGREEVEY: Exactly. You look at Rachel Carlson, you look at civil rights movement. You look at the battle for feminism. You look at – and all of these movements – I mean there was a wellspring from the community. And people recognized the importance of advancing the public agenda. SPITZER: But to come back to gay issues for the moment. It has crystallized in the last couple of years. I mean the movement for same-sex marriage, somehow the acceptance, the military's perspective, all of these things have reached a critical mass. What explains that? MCGREEVEY: Well I think activists. I mean people like David Mixner, David Rothienberg. You know people – Evan Wolfson, they were in the vineyard for years and years and years and moving the agenda. And I think – SPITZER: Let me just clarify. By “the vineyard” you don't mean Martha's Vineyard? MCGREEVEY: No, I – SPITZER: Toiling in the vineyard. MCGREEVEY: Toiling in the vineyard. SPITZER: Leading the movement out there in the grassroots. MCGREEVEY: And beginning to understand that being – at least let me speak for myself. Being gay isn't an option. It isn't a matter – SPITZER: Right. MCGREEVEY: It isn't a discretion. It is who and what I am. And so when people began to understand that this is intrinsically who and what we are and that I don't have the ability to change, and God knows as an 8-year-old child on the playground had I had the ability I would have, then I think people understand, well, if this is how God makes one, we need to understand that within the ark of American liberties. SPITZER: OK. You just stated it in such a way that it's hard not to feel that that is absolutely the case. So why are so many politicians still hesitant to accept it, and why I assume you know politicians who are gay who still don't publicly acknowledge it? MCGREEVEY: Well, I mean, part of it is how we grew up. And part of it is the messages unfortunately from certain religious leadership that have a condemnatory attitude towards the LGBT community. But I think that is gradually – I think it's inevitable. And you look at young people and – you know, at the gay pride, I mean there's no sense of shame, there's no sense of recrimination, there's no sense of sackcloth and ashes. We are who we are. Let's move on. SPITZER: But there's no question there's a generational demarcation point. I think you speak to the folks who are under 30 of almost – MCGREEVEY: And they don't care. SPITZER: That's right. Not only do they care, they say of course same-sex marriage should be (Unintelligible) – MCGREEVEY: Yes. SPITZER: I mean do you counsel elected officials who are gay but unwilling to admit it publicly that they should come out? Do you speak to them and have these conversations? MCGREEVEY: I have talked to individuals. But I'm not so presumptuous as to say you should come out, you should not come out. SPITZER: Right. MCGREEVEY: Every individual has his or her own journey and I respect that. SPITZER: How about President Obama? Are you disappointed in the hesitancy that he has shown to go beyond where he is? MCGREEVEY: If he could only listen to Michelle more often. I think the president is moving. And you know for many elected officials they all started in the same place. You know marriage is between a man and a woman, but they understand that they're moving inevitably, catching up to the American public. SPITZER: Are you tempted to get married? MCGREEVEY: Yes. And when it comes to New Jersey, which I believe that it inevitably will, I think that time will come. SPITZER: Now you're – subsequent success. I guess there have been a few in between. Governor Christie said the other day that he – he didn't say unalterably. But he's opposed to it. Let's listen to a quick sound bite from Chris Christie. (Video Clip) New Jersey Gov. CHRIS CHRISTIE (R): My view on it is, in our state we're going to continue to pursue civil unions. I am not a fan of same-sex marriage. It's not something that I support. I believe marriage should be between one man and one woman. That's my view. And that'll be the view of our state because I wouldn't sign a bill that, like the one that was in New York. (End Video Clip) SPITZER: All right. You have said that you would like to get married in New Jersey. Move to New York, you can get married here. But would you try to persuade Governor Christie that he's wrong about that? Will you try to persuade the legislature to override his veto and then pass a bill? MCGREEVEY: Well, I think 10 years ago what Governor Christie said was the norm — was the normative statement by Democrats and Republicans. And I think that will change. And I think Governor Christie or whomever is governor across this nation, they will catch up with the decency of the American public. SPITZER: Now you referred to one of the factors holding back a larger movement among the general public is certain religious leaders who have attitudes that they claim are based in the bible or they have religious treatises that they look to. MCGREEVEY: Yes – SPITZER: You've studied. You're now in divinity school. You were raised a Catholic. Does it bother you that the Catholic Church institutionally has been so recalcitrant on this issue? MCGREEVEY: Well, on one hand I mean, the church was a beacon of light on questions on civil rights, on social justice. But unfortunately, the bible has been used – I would argue, has been manipulated, whether to support racism, sexism, anti-Semitism, and in this case, homophobia. And so we can manipulate the language of the bible as we will. I would argue the bible should be a source of transcending suffering and arguing for better angels. But unfortunately there are those who ignore a whole swath of what the Leviticus says from everything from touching a pigskin on Monday Night Football, but they still uphold certain prohibitions that are focused on Leviticus. So it's selective interpretation. SPITZER: That's what I wanted to ask you. You have studied the text in a way that is certainly deeper than I have. And so when you look at what is presented as argument by religious leaders, do you think they are simply flat out wrong? You use the word “manipulate.” Are they distorting the text or is this – do you have to acknowledge, OK, maybe it's a fair reading we just disagree with it and it's susceptible to multiple interpretations. MCGREEVEY: Eliot, what they're doing is they're taking a literal translation – and some would argue whether or not it's an accurate literal translation of a certain segment – but then ignoring whole swaths of other segments of scripture that would prohibit them from doing things that we typically do today in American society. So we have to understand when we have to look at scripture through the prism of a modernist society. And the purpose of scripture was not to engage in the prohibition of what I consider it to be as a Christian, of love. And so I think the bulwark of the Judeo Christian ethic is to have an understanding of a transcendant god. Not a god that engages in religious-based bigotry. SPITZER: Look, I certainly agree with you. The argument you just made is identical to the argument I as a lawyer make frequently about the Constitution. MCGREEVEY: Yes. SPITZER: There are multiple ways to interpret any document, whether it's the bible, the Constitution. I'm with you in that camp. This is a debate that will no doubt go on forever. Do you think there's progress within the church hierarchy on this issue? MCGREEVEY: I think there's progress. And you know the reality is I have friends who are gay priests and I have friends of mine that are gay rabbis and they wrestle with these questions. And I'm proud to belong to an organization called Faith in America that tries to put these issues on front in the religious agenda to have a constructive dialogue, to move the religious community forward. The religious community can be such a source – a progressive voice – and God willing that's where it ought to be. SPITZER: Are you going to run for public office again? MCGREEVEY: No. SPITZER: OK. MCGREEVEY: I'm working with women in prison and that's where my heart is in prison advocacy. And I'd love to come back to talk about what's not happening in America's prisons. SPITZER: And we will make sure that happens.

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President Obama’s 2012 machine is revving up early, and his campaign is using all its assets to pull in wealthy donors—while also courting the small Internet donors that fueled his grass-roots machine in 2008. The Washington Post takes a long look at the fundraising push, which has included everything…

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Intel says Cloverview platform will launch in time for Windows 8

Intel didn’t provide much indication of a release timeframe when it first teased its tablet-minded Cloverview platform back in April, but it’s now finally starting to dish a few more details (though still not many specifics, unfortunately). Speaking with This is my next , Intel’s Director of Product and Technology Media Relations, Bill Kircos, said that the chipmaker is looking to deliver a “nice one-two chip-software punch,” and roll out the Cloverview platform and accompanying Clover Trail processor around the same time as Windows 8 — possibly before, but seemingly no later. Of course, exactly when Windows 8 itself will launch still remains a bit of a mystery, although ZDNet’s Mary Jo Foley notes that the latest rumor of a release to manufacturing in April of next year is not so crazy, and that “April sounds better than July.” Intel says Cloverview platform will launch in time for Windows 8 originally appeared on Engadget on Tue, 28 Jun 2011 14:06:00 EDT. Please see our terms for use of feeds . Permalink

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Intel says Cloverview platform will launch in time for Windows 8

Intel didn’t provide much indication of a release timeframe when it first teased its tablet-minded Cloverview platform back in April, but it’s now finally starting to dish a few more details (though still not many specifics, unfortunately). Speaking with This is my next , Intel’s Director of Product and Technology Media Relations, Bill Kircos, said that the chipmaker is looking to deliver a “nice one-two chip-software punch,” and roll out the Cloverview platform and accompanying Clover Trail processor around the same time as Windows 8 — possibly before, but seemingly no later. Of course, exactly when Windows 8 itself will launch still remains a bit of a mystery, although ZDNet’s Mary Jo Foley notes that the latest rumor of a release to manufacturing in April of next year is not so crazy, and that “April sounds better than July.” Intel says Cloverview platform will launch in time for Windows 8 originally appeared on Engadget on Tue, 28 Jun 2011 14:06:00 EDT. Please see our terms for use of feeds . Permalink

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