The future of Australian’s Labor Party-backed National Broadband Network is looking much brighter today. The Senate voted in favor of an A$11 billion bill for Telstra’s copper network that also has the Telecom company (and former government-owned entity) splitting into both a retail group and a wholesale network group. The House of Representatives will weigh in on Monday, with all signs pointing to passage there as well. The opposition party and its A$6.3 billion proposal ? A lost packet. Australian Senate passes bill to split Telstra in two, pushes National Broadband Network closer to reality originally appeared on Engadget on Sat, 27 Nov 2010 22:01:00 EDT. Please see our terms for use of feeds . Permalink
Continue reading …In separate reports for the Associated Press during the past week, Christopher Rugaber and Jeannine Aversa, economics writers for the wire service, each dealt with estimates for next year's average unemployment rate. They came back with significantly different predictions for 2011 without recognizing how widely those estimates varied. On Tuesday , Rugaber dealt with the Federal Reserve's latest economic growth projections, in the process telling readers that the Fed expects that the unemployment rate “will be 8.9 percent to 9.1 percent in 2011.” On Friday , Aversa looked at three alternative proposals for handling next year's federal income tax rates, which will increase substantially for everyone unless Congress acts. The projected unemployment rates for next year under the three proposals are all either 9.9% or 10.0%. So the Fed thinks that unemployment will come down next year, while Aversa's consulted experts think it will go up slightly regardless of what Congress does or doesn't do about taxes. The one-point difference between the two sets of estimates represents about 1.5 million workers . That's not a small number. Did things suddenly get worse while the turkeys were cooking on Thursday? read more
Continue reading …A Somali-born teenager plotted “a spectacular show” of terrorism for months, saying he didn’t mind that children would die if he bombed a crowded Christmas tree-lighting ceremony, according to a law-enforcement official and court documents. (Nov. 27)
Continue reading …Click here to view this media I am so tired of this “Obama needs to move back the the middle” meme constantly being pushed by our Beltway Villagers. Andrea Mitchell and Charlie Cook took their turn this week while wondering if President Obama might face a primary challenge from the left. Of course, what they completely ignore here is that the Republicans have done everything humanly possible to keep the economy from improving. Steve Benen wrote a piece last week on how the Republicans are sabotaging the economy for political gain, which apparently didn’t sit too well with former Bush speech writer Michael Gerson . The fact that they’re playing this zero sum game with our economy to regain power is apparently a topic of little concern to Mitchell and Cook; just whether they’re going to benefit from the results of their obstruction. Once again the Republicans can behave terribly and they never pay a price for their actions by the media because as we all know, no matter what happens, it’s bad news for the Democrats. Mitchell: With his approval rating at 45% President Obama could face a primary challenge in his reelection hopes next year. A new McClatchy/Marist poll shows 41% of Democrats want someone to challenge the president for the party’s 2012 nomination. That percentage jumps to 56% when you ask independent voters who are just leaning Democratic. […] What does he face, the president and especially looking at the economic climate, because that’s really what’s going to dictate what happens? Cook: This is what’s scary is if you think about the fed issues… Mitchell: Scary for the Democrats? Cook: Yes. Yes. Or for the White House because if you look at the fed report yesterday, they said that unemployment’s likely above 9% through 2011 and be at 8%, no lower than 8% by 2012. You know how many months of presidential election years in the post WWII era we’ve had with that 8% unemployment? One month, January of 1984. So the idea of having basically from the first full month the president set foot in office on all the way through election day with 8% plus unemployment, nobody’s ever been here before. And so that’s got to be very scary for the White House. Mitchell: And the White House, trying to retool, but they don’t seem really able to take that step. They’re not reaching out, according to most Democratic insiders, not looking beyond the immediate circle. Cook: Well I think they’ve already spent a very tightly knit group of people and they, you know, they view the establishment as having been for Hillary Clinton back in 2007 and eight and so there’s um… it’s a clickish group of folks. I mean they’re very bright, very talented people but reaching out hasn’t necessarily always been their strong point. Mitchell: Now the other thing looking out at the horizon is that they really did lose independents, moderates, whatever you want to call them. How do they regain them and still reach out to the base because you’ve got this much more liberal caucus, the House caucus led by Nancy Pelosi. They’re going to want to, you know, keep firm to Democratic principles and the president if he looks at this landscape is going to be wanting to move back to the center? Cook: Well I think you’ve hit the nail on the head that he’s going to be pulled two directions. They’ve got to solidify and enthuse their base while at the same time reaching out to independents.
Continue reading …Click here to view this media This video, produced by Taiwan’s NMA (Next Media TV, is good for more than a laugh. It also makes you realize what an international laughingstock Palin’s continuing high profile makes of the American political scene generally. They must think that we’re frigging nuts to even allow someone like this the kind of political ascendancy she’s achieved. And you know what? They’re right.
Continue reading …One day after suffering a busted lip during a basketball game, President Obama went back to the hard court, but this time as a spectator. He and his family watched his brother-in-law coach Oregon State against Howard University. (Nov. 27)
Continue reading …Oh, sure — we’ve seen a litany of knockoff MacBook Pro units, but how’s about one that actually ships with OS X? As the level of nerve skyrockets towards infinity, an unnamed manufacturer in an unnamed section of China seems to be hawking a lookalike MBP with Snow Leopard onboard — a feat that even Psystar couldn’t achieve for long. As the story goes, around $466 buys you a 14-inch machine with a paltry 1.66GHz Atom D510 processor, 2GB of RAM, a 320GB hard drive and NVIDIA’s Ion 2 graphics platform. Oh, and a glowing Apple logo on the lid. Unfortunately, the dodgy specifications list seems somewhat reluctant to “admit” that “OS X” is actually loaded on, but it’s there. Trust us. We think. Keepin’ it real fake: ‘MacBook Pro’ runs ‘OS X,’ dodges questions on ‘legitimacy’ originally appeared on Engadget on Sat, 27 Nov 2010 19:22:00 EDT. Please see our terms for use of feeds . Permalink
Continue reading …ABIDJAN, Ivory Coast (AP): Ivory Coast’s opposition leader said he would not respect a curfew imposed on Saturday because it would open the door to electoral fraud the day before historic elections that could restore stability to the world’s biggest cocoa producer after a decade of unrest. This West African country’s President Laurent Gbagbo issued a decree Saturday calling for a nationwide curfew from 10 p.m. to 6 a.m. Saturday and Sunday, and from 7 p.m. to 6 a.m. Monday to Wednesday to prevent any tampering with vote counting. Opposition candidate Alassane Ouattara said the move was illegal and unconstitutional, adding a curfew should only come…
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