Saturday, July 28, 2007

Eighty year old Pope 'Goes Green'


Vatican Aims to Become 'World's First Carbon Neutral State'
By Randy Hall
CNSNews.com
Staff Writer/Editor
July 12, 2007
(CNSNews.com) - The Vatican plans to create a forest in Europe that will offset all of its carbon dioxide (CO2) emissions for the year, according to the ecorestoration company that is working to help the Holy See achieve what it calls a "historic goal."
"The Holy See's increasingly creative environmental leadership is both insightful and profound," said Russ George, CEO of Planktos Corp. and managing director of its forest subsidiary, KlimFa, in a news release on Thursday outlining the effort to make the sovereign state located in Rome the "first carbon neutral sovereign state" in the world.
"Not only is the Vatican steadily reducing its carbon footprint with energy efficiency and solar power, its choice of new mixed-growth forests to offset the balance of its emissions shows a deep commitment to planetary stewardship as well," he said."It eloquently makes the point that ecorestoration is a fitting climate change solution for a culture of life," George added....

New Zealand Herald

One might note The Pope isn't putting huge stock into nuclear either so much as his home planet Earth.

Obey Earth's voice, says Pope
5:00AM Friday July 27, 2007
LORENZAGO DI CADORE - Pope Benedict said the human race must listen to "the voice of the Earth" or risk destroying its very existence.
The Pope, speaking as he was concluding a holiday in northern Italy, also said that while there was much scientific proof to support evolution, the theory could not exclude a role by God.
"We all see that today man can destroy the foundation of his existence, his Earth," he said in a meeting with 400 priests. "We cannot simply do what we want with this Earth of ours, with what has been entrusted to us."
The Pope said: "We must respect the interior laws of creation, of this Earth, to learn these laws and obey them if we want to survive.
"This obedience to the voice of the Earth is more important for our future happiness ... than the desires of the moment. Our Earth is talking to us and we must listen to it and decipher its message if we want to survive."
Last April the Vatican sponsored a scientific conference on climate change to underscore the role that religious leaders around the world could play in reminding people that wilfully damaging the environment is sinful.
The Pope spoke of the current debate raging in some countries, particularly the United States and his native Germany, between creationism and evolution.
"They are presented as alternatives that exclude each other," the Pope said.
"This clash is an absurdity because on one hand there is much scientific proof in favour of evolution, which appears as a reality that we must see and which enriches our understanding of life and being as such."
But he said evolution did not answer all the questions. "Above all it does not answer the great philosophical question: 'Where does everything come from?"'
- REUTERS

http://www.nzherald.co.nz/category/story.cfm?c_id=39&objectid=10454075



The politics and the passion
5:00AM Saturday July 28, 2007
By
Greg Ansley
It is not easy to miss Peter Garrett. Towering a head - at least - above most in the room, bald, in sports jacket and open-necked shirt, a Timorese scarf draped around his neck, Labor's spokesman on climate change, environment, heritage and the arts is one of the most recognisable faces in Australian politics.
He is also one of the central players in Opposition Leader Kevin Rudd's bid to end Prime Minister John Howard's 11 years in power. Climate change and the environment, spurred by Howard's late, poll-driven, conversion and rush of lavishly funded policies, have become key issues in the election to be held in the final months of the year.
Nor has it been only the greenies who have been driving the debate. Scientists, engineers, even businessmen have been urging the Government to take climate change and the accelerating decline of the Australian environment seriously.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454268



More weather woes for Northland
8:45AM Saturday July 28, 2007
North Island drivers are being urged to take it easy this weekend, as a storm develops in the Tasman Sea.
Heavy rain in Northland tonight is expected to move southwards, to hit Auckland, the Coromandel Peninsula, the Bay of Plenty and northern Gisborne tomorrow.
MetService forecaster Andy Downs says while it is not expected to be as bad as the storms which hit Northland in March and earlier this month, thundery conditions with short, intense rainfall could still cause problems.
He says driving conditions will be dangerous with the possibility of surface flooding and some slips.
The heavy rain is expected to move over most of the South Island by Monday.
- NEWSTALK ZB

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454411



Slipping and sinking in land of extremes
5:00AM Saturday July 28, 2007
The banks of the Yangtze River have disappeared in the city of Wuhan. Photo / Reuters
Heavy rain is to hit flood-battered southwest China over the next few days, with officials warning of landslides as a heatwave shows no let-up across the south and east.
More than 500 people in China have died in floods this summer and meteorologists forecast more downpours for the Guangxi region and the provinces of Yunnan, Guizhou and Sichuan, where floods and related disasters have already taken a heavy toll.
From Indonesia's South Sulawesi province to the capital of Bangladesh, worldwide floods are killing hundreds and displacing thousands.
In China, water levels on the Huai River, which has been overflowing since the start of July and has displaced hundreds of thousands of people, remained above dangerous levels though the disaster was "nearing its end", Xinhua news agency said.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454306



Father, son rugby fans die in flood
5:00AM Saturday July 28, 2007
A father and son died as they battled to deal with the aftermath of the floods that have devastated parts of central and southern England.
Pensioner Bram Lane, a father of three, and his son Chris, were found dead in the basement of their local rugby club in Tewkesbury, scene of some of the worst flooding following last weekend's storms.
Investigators believe they were overwhelmed by fumes from a petrol-driven pump or electrocuted as they worked to clear up the damage.
Friends described them as "linchpins" of the community who lived for their sport. They were among 12 volunteers who had gone to assess the scale of the damage at Tewkesbury RFC on Thursday.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454305



NZ and Trans-Antarctic range two sides of ancient plateau
5:00AM Saturday July 28, 2007
By Kent Atkinson
New Zealand is a remnant of a gigantic high plateau that collapsed as the Earth tore apart.
The rest of the plateau's remains make up one of the longest mountain chains in the world, Antarctica's Trans-Antarctic mountains, says geophysicist Michael Studinger of the Lamont-Doherty Earth Observatory at Columbia University.
Dr Studinger and his colleagues reported yesterday in the August issue of the journal Geology that the mountain range is the remnant edge of a gigantic plateau the size of France that was roughly 3km high.
The mountains run up out of the Ross Sea, immediately south of New Zealand, along the western edge of the Ross Ice Shelf, and nearly 4000km across the frozen continent to divide east and west Antarctica.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10454386




Out of Africa theory of evolution finds support
5:00AM Friday July 20, 2007
Australian anthropologist Alan Thorne's theory that humans evolved in several regions of the world has been challenged by the new study. Picture / File
The human population in the world today arose from a single migration out of Africa about 55,000 years ago which replaced all other humans who were living in Europe and Asia at the time, a study has found.
Scientists have confirmed the "out of Africa" model of human origins with a study that combines genetic evidence with physical data gathered from more than 6000 skulls from around the world.
The twin approach has delivered what may turn out to be the killer blow to the rival theory - expounded by Australian anthropologist Alan Thorne, among others - that humans today evolved in several regions of the world, said Andrea Manica of the University of Cambridge, who led the study published in the journal Nature.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10452663



Walking tall easier than knuckling down
5:00AM Wednesday July 18, 2007
By
Steve Connor
More energy is expended walking on all fours than walking up right.
Walking on two legs uses up a quarter of the energy it takes to walk on all fours according to a study that could explain why early human ancestors adopted bipedalism rather than the knuckle-walking of chimpanzees and gorillas.
Explaining why humans went from a four-legged gait to a two-legged, upright posture has been one of the most difficult and contentious issues in evolution.
The latest idea suggests that it all comes down to energy expenditure and how costly it is to move around in terms of the food required.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10452064



Fall in infant deaths due to position - study
1:30PM Wednesday July 25, 2007
NEW YORK - A continuing decline in the number of sudden infant death syndrome (SIDS) cases is likely due to parents placing infants on their backs before bed, according to New Zealand research.
Researchers from Auckland University reported there had been an initial drop in the number of cases after parents were urged to avoid placing their infants face down to sleep.
The research suggested that the continuing decline was due to a further change from the side to back positioning of infants before bed.
There was an initial 50 per cent fall in SIDS rates from the mid-1980s to 1993, at which time almost all infants were no longer placed on their stomachs to sleep.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10453739



NZ dollar in free fall
8:01AM Saturday July 28, 2007
The dollar has been in free fall overnight, dropping two cents against the US dollar. Deals are being done at around 76.4 US cents to the dollar.
The dollar was at 76.2 cents against the greenback when the Reserve Bank starting selling the kiwi six weeks ago in an effort to reduce its value.
The dollar continued to rise, however, and reached a post float record of 81.6 US cents early this week.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454408




Black gold or a fool's errand?
Page 1 of 4
View as a single page 5:00AM Saturday July 28, 2007
By
Geoff Cumming
Philippa, my 13-year-old daughter, looks forward to a world without oil. On a visit to the Auckland Museum in the school holidays she found the 1866 gallery, that re-creation of downtown Auckland in the 19th century, a portent of what's to come. She's nervous but at the same time excited by the prospect of a simpler, slower existence. When I tell her New Zealand is the new Texas, on the cusp of an oil exploration bonanza, she calls me a dinosaur.
Any day now, light, sweet crude will start to flow from the Tui field, 40km off the Taranaki coast. The only obvious sign will be a processing and storage ship anchored in 120m of water, hoses like umbilical cords drawing oil from a station on the ocean floor.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454288



Overwhelming desire for full set of wheels
5:00AM Saturday July 28, 2007
By Dan McDougall
Ratan Tata is set on producing a car for the masses. Photo / Reuters
"Wheels truly show your status. If I had a four-wheeler I would have better marriage prospects in my village, I would be respected," says Bengali market stall owner Venkat Banarjee. "I have an old Honda motorbike, so I am looked down on. To be able to afford a proper car, with four wheels, that would change my life, it would turn things around."
Four wheels good, two wheels bad, is a middle-class mantra, and now Indian billionaire Ratan Tata is preparing to unveil the world's cheapest car to meet the aspirations of the world's fastest-growing consumer markets.
Taking shape in a controversial Chinese-style "special economic zone" on the outskirts of Kolkata, the "Indian Mini" or "People's Car" is a concept Tata believes will offer the "miracle of personal transport" to India's masses and make his company a huge international player.
The domestic and global automobile industry is keenly watching the development of this ultra-economy car, expected to be launched at the end of the year and sell at about 100,000 Indian rupees ($3200), half the cost of the cheapest car available, the Suzuki Maruti 800.
..."I know of a few neighbours who have been offered a job in the Tata plant, but in reality they are simple farmers; working on a production plant will turn out to be their worst nightmare. People here have large families and they will spend the money quickly, then look around them and realise they have no land, no income and no prospects. I, for one, will not give up my land."
Nearly 404ha of farmland is already fenced off beside the best highway in the state. A further 320ha has been targeted. The project is billed as key to the rejuvenation of West Bengal, a signal that the communist regional government is investor-friendly.
Over the past year the Indian government has received applications for 250 similar special economic zones, involving turning huge tracts of land into gated business enclaves with middle-class townships attached. The zones have become a time-bomb for the political classes but the message coming from government is simple: this is a time of change, for the better.
Environmentalists, while sympathetic to evicted farmers, claim bigger issues than land seizures are at stake. "What we are really worried about is the appalling congestion in India's biggest urban areas," said Anumita Roychowdhury, associate director of the Centre for Science and Environment in New Delhi.
"Once people start using cars it will be hard to get them back, and selling cars for bottom dollar and encouraging banks to offer finance plans is a recipe for disaster. Tata reckons he will sell a million of these things a year. This will be an environmental disaster."

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454313



'Terrorist' doctor goes free
5:00AM Saturday July 28, 2007
By
Greg Ansley
The burnt wreckage of a Jeep Cherokee vehicle as it was removed from the departure entrance at Glasgow airport last month. Photo / Reuters
Australia has released terrorism suspect Mohammed Haneef after the collapse of the case claiming he supported relatives implicated in last month's failed bombings in Britain.
Federal Director of Public Prosecutions Damien Bugg yesterday dropped a charge of recklessly providing resources to a terrorist organisation against the 27-year-old doctor who was arrested on July 2.
And Immigration Minister Kevin Andrews further backed down from his earlier determination to deport Dr Haneef on character grounds, instead releasing him from detention.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454393



Sarkozy in nuclear deal with Libya
8:15AM Saturday July 28, 2007
French President Nicolas Sarkozy yesterday urged the West to trust Arab countries with nuclear technology as he signed a deal that could lead to France supplying Libya with a new reactor.
During a meeting with Colonel Muammar Gaddafi in Libya, Sarkozy agreed to help the country with a nuclear-powered project to desalinate seawater.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454312



Navy to the rescue as old Biddy is swept from shore
5:00AM Saturday July 28, 2007
By Alanah May Eriksen and Angela Gregory
Steve Davis (left) and Regan Garrett comfort Biddy
The Royal New Zealand Navy has always prided itself on its rapid response to an emergency at sea, so when a jack russell terrier was swept 800m offshore it immediately began a rescue mission.
Biddy, a 17-year-old jack russell terrier, was swept from her Stanley Bay home to the mudflats at Ngataringa Bay, near the Devonport naval base.
A passer-by noticed the small shivering dog and a rising tide and alerted the Navy's sea safety training squadron.

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454391



Phone companies' change wipes police text evidence
5:00AM Saturday July 28, 2007
A decision by the two big mobile phone companies to stop storing text messages is costing the police an investigatory tool.
Vodafone is no longer storing texts, and Telecom is about to follow suit.
Police were able to obtain copies of text messages, which sometimes gave them valuable information.
The change, caused by the companies' introduction of new equipment, raised debate among police and lawyers about whether a law change should be sought to require the information to be kept.

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454347



Off-colour Sky TV marketing ploy appals woman
12:00PM Saturday July 28, 2007
A recently-widowed Hamilton woman was reduced to tears by a Sky TV marketing ploy that threatened to kill her husband's associates.
The woman, in her 70s, received a letter from the broadcaster's customer service department after she had the extra channels cut off following her husband's death.
The elderly widow received the letter six days after burying her husband and seven days after cancelling the Sky subscription, The Waikato Times reported.
The letter read:
"We've just heard that you're thinking about cancelling your subscription to Sky. Why? Maybe you've found someone else to share your spare time with!! . . . Who?!!! . . . We'll kill them!!!"

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454412



Evangelist - Muslims want 'to rule over whole world'
5:00AM Saturday July 28, 2007
By
Simon Collins
Pastor Stuart Robinson believes there is a fundamental difference between Christians and Muslims trying to convert others to their religion. Photo / Richard Robinson
Christians are being urged to stand up against what a visiting author says is a Muslim push to take over the world.
Pastor Stuart Robinson, Australian author of the book Mosques and Miracles, has drawn about 200 people to a conference in Greenlane this weekend aimed at revealing what he says are the true dangers of Islam.
Meanwhile, rebel British left-wing MP George Galloway is expected to attract about 450 people to a rival meeting in Freemans Bay tonight to condemn Mr Robinson's "islamophobia".
Mr Galloway, who was expelled from the British Labour Party in 2003 for opposing the invasion of Iraq, has been brought here by the Residents Action Movement, which plans to campaign against islamophobia in October's local body elections.

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454377



Gays still stuck in the closet
5:00AM Saturday July 28, 2007
By Krisztina Than
Gabor Szetey will continue fighting for gay rights. Photo / Reuters
"I am Gabor Szetey. A faithful Hungarian-European. Citizen, public official, member of the government. And gay."
Of all the arenas in which a senior government politician could come out, Szetey's choice - two days before a Gay Pride march this month in post-communist Eastern Europe - was one of the most defiant.
Hungary's Secretary of State for Human Resources risked hostility because he wanted to highlight persistent intolerance in Eastern Europe of gay people and other minorities.
After decades under communist rule, when homosexuality was banned or simply out of sight, most East Europeans still find it hard to accept.
The lack of tolerance has been coupled with a surge in nationalism in some parts of the region.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454267



Swooping in on Auckland airport
5:00AM Saturday July 28, 2007
By
Liam Dann
Kjeld Binger says he wasn't surprised by opposition to a takeover, but he was surprised at the anti-Dubai form it took. Photo / Kenny Rodger
Next time you touch down in Auckland you might want to savour the experience - you'll be landing at the world's most expensive airport.
Dubai Aerospace Enterprise's (DAE) offer - a mix of cash, securities in a new airport company and a one-off dividend - gives the airport a market value of almost $4.7 billion.
That represents a trading multiple of more than 21 times earnings. Macquarie Airports - owner of Sydney International - trades on just 16 times earnings.
If he's feeling smug about that status, Auckland International chairman John Maasland isn't letting on

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454339




Air New Zealand breaks its silence on takeover
5:00AM Saturday July 28, 2007
By
Christopher Niesche
Air New Zealand has finally broken its silence on the takeover bid by Dubai Aerospace Enterprise for Auckland International Airport.
The company says airports should not be linked to airlines and that it will make a submission to the Overseas Investment Commission.
"It is Air New Zealand's strong view that the owner of Auckland International Airport Limited should not be linked in any form to an airline, so that there is no possibility of preferential treatment of any kind that would disadvantage any other operator," it said.
DAE is owned by the Government of Dubai, which also owns the Emirates airline. DAE's chairman Sheikh Ahmed Bin Saeed Al Maktoum is also chairman of Emirates.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454342




Family ties keep Dubai humming
5:00AM Saturday July 28, 2007
By
Anne Gibson
Sheikh Mohammad's property interests are held partly via Emaar Properties and include the world's tallest tower, Burj Dubai. Photo / Reuters
The Maktoum family behind Auckland International Airport suitor Dubai Aerospace Enterprise runs Dubai as a feudal system, keeping tight control of the economic powerhouse.
However, the family delegates management to foreigners with impressive CVs.
As one London newspaper said: "Imagine if Britain was known as Windsor plc and was ruled by the company's chief executive who gave orders to a board of hand-picked loyal subordinates and that decisions were settled by a single mobile phone call. That's how Dubai works."
The Maktoum men running Dubai are Muslim and dress in traditional attire.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454344



Foreign ownership - should we be anxious?
5:00AM Saturday July 28, 2007
By
Catherine Masters
Auckland Airport is 64 per cent New Zealand owned at present. Photo / Kenny Rodger
Australia owns most of our banks. Americans took control of Telecom, made a killing and sold out. Fay Richwhite and their American partners ground down the state railways, made a killing and got out. Today, Australians own the trains and although the Government bought back the tracks recently, a huge investment was needed to fix them up.
The French run bits of Auckland's consumer rail system, TVNZ is still state-owned but much of our broadcasting is owned offshore. So, too, the print media, including the Herald. Even supermarkets are ruled from over the ditch.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454299


Share losses likely to be short lived
5:00AM Saturday July 28, 2007
By
Adam Bennett
Corrections like yesterday's are not unusual, and may provide buying opportunities. File Photo / Kenny Rodger
Sharp one-day losses on the local sharemarket yesterday, amid a global equities sell-off related to US sub-prime mortgage woes, are likely to be short lived, say commentators.
But a sustained soft patch remains a risk, says BNZ economist Stephen Toplis.
Following the example set on Wall St, the NZX-50 fell almost 2 per cent yesterday to 4246, its lowest point in two weeks. The fall takes the index's total gains for the year to date to a modest 4.8 per cent.
Top stock Telecom closed 2.5 per cent lower at $4.70 while Fletcher Building lost 3.2 per cent to close at $12.56.
"The really difficult thing at this stage is to know whether what we're seeing over the last couple of days is a correction ... or are we seeing the start of something a little nastier which is going to continue with us for some time," said Toplis. "At this stage we can only ask the question and don't really have the answer."

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454380



Sub-prime fallout rattles investors
5:00AM Saturday July 28, 2007
By
Adam Bennett
Cameron Bagrie
Nervous investors are watching the US for further news on the sub-prime mortgage problems that have spilled into global markets, driving New Zealand's currency down more than US2c yesterday.
Mounting concerns about a wider fallout from defaults in the US sub-prime market sent the greenback and equity markets tumbling yesterday.
But while a sell-off of the US dollar on the same concerns earlier this week sent the kiwi dollar to a fresh post-float high, this time it was caught in the downdraft as investors ran for cover and sold off high yielding but risky currencies.
From Thursday night's local close of US79.91c, the kiwi at one point retreated to a low of US77.77c yesterday morning before recovering later in the session to close at US78.33c.
"Time will tell whether it's a full recovery or just a pause," said Westpac currency strategist Michael Gordon.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454382



Warship adds weight to already hefty trade deficit
5:00AM Saturday July 28, 2007
By
Brian Fallow
The trade gap widened last month as exports sagged and a warship weighed on the import bill.
Imports exceeded exports by $524 million, pushing the annual trade deficit to $6.23 billion, its worst since October last year.
But even without the arrival of HMNZS Canterbury, the monthly trade gap would have been $356 million, the largest since January.
Exports were 7.5 per cent lower than in June last year.
"This is not as bad as it looks, considering the 18 per cent rise in the exchange rate over the period," said BNZ economist Craig Ebert.
Imports were only 3.5 per cent higher than in June last year, despite the higher exchange rate.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454365



Home builders hit in US slump
5:00AM Saturday July 28, 2007
The slaughterhouse that has been the US housing market for the past few months got bloodier yesterday as several industry leaders reported worse results, June home sales fell more than expected and stocks throughout the sector hit multi-year lows.
The grim tidings about the industry dragged down both the housing and construction sectors, as well as the broader sharemarket.
"Overall, the market for new homes stinks ... liquidity is getting sucked out of the system," said Alex Vallecillo, senior portfolio analyst with Allegiant Asset Management, which has US$30 billion ($38.75 billion) in total assets under management. "Mortgages are going to be tougher to come by, more expensive. The buyers are basically drying up."
Yesterday, after several publicly traded home builders reported their quarterly financial results, the Dow Jones US Home Construction Index , a yardstick that measures the sector's performance, fell as much as 6 per cent, a low unseen since September 2003.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454355



Ford makes surprise appearance in black after Aston Martin sale
5:00AM Saturday July 28, 2007
By Sean O'Grady
Ford yesterday produced a surprise by announcing its first quarterly profit since 2005.
The American giant made US$750 million ($958 million) between March and June, against a loss of US$317 million in the same period a year ago.
The improvement was put down to cost-cutting and the sale of its Aston Martin business for US$632 million.
Chief executive Alan Mulally said Ford expected a difficult second half and another loss as it pushed ahead with closing 16 plants and cutting up to 45,000 jobs in a big restructuring.
Analysts said the results pointed to faster-than-expected improvement for Ford in the US, but some said weaker results for Ford's finance division and the potential sale of its luxury Jaguar and Land-Rover businesses raised questions about earnings potential.
Ford also said it had cut costs by US$600 million in the second quarter and US$1.1 billion through the first half by reducing warranty costs and costs for pensioners' healthcare and having a smaller payroll.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454354



$2.8m fraud will hit profit: Turners
5:00AM Saturday July 28, 2007
Turners Auctions yesterday revealed that a $2.8 million fraud against the company was likely to adversely affect the company's profit this year by $1.2 million.
In May the company said it had uncovered a potential fraud of at least $1 million by a former employee which was being investigated by the Serious Fraud Office.
Chief executive Graham Roberts said the fraud spanned a period from 1999 to last year. The employee implicated left Turners in May last year.
Turners' half year financial results for this year will be released in August.
Roberts said: "We are devastated at the extent of this alleged fraud. We want to reassure our shareholders that we are doing everything within our power to recover the funds.
"As a result of this alleged fraud ... the company is undertaking an extensive review of its internal systems and processes."
Shares in the company closed down 6c at $119.

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10454363



The truth about Kiwi broadband
5:05PM Friday July 27, 2007
By
Matt Greenop
Many of New Zealand's broadband providers are over-promising and under-delivering on line speed, according to a survey of readers.
A large number of subscribers are getting a lot less than they pay for, with some forking out for so-called broadband and being lumbered with not much more than dial-up pace.
The survey this week of nzherald.co.nz readers asked those with broadband to run a speedtest on their connections and then tell us the results.
It was conducted using
Speedtest.net.
We asked readers to select the Auckland server and to run the quick test, then tell us the results.
Internet speed is affected by the amount of online traffic. Connection speed will slow down at busy times of day - like late afternoon - but will conversely be fastest at non-peak times.

http://www.nzherald.co.nz/section/story.cfm?c_id=5&objectid=10454199



Japanese women, Icelandic men world's longest-lived
10:25AM Friday July 27, 2007
Researchers have long linked Japanese people's healthy diets with their longevity. Photo / Reuters
TOKYO - Japanese girls born last year can expect to live to an average age of 85.8 years, making them the longest-lived in the world, according to figures released by the Japanese government yesterday.
Their male compatriots fare less well, with a life expectancy of 79 years, second to Icelandic men at 79.4 years, the Health Ministry said.
Japan's women have topped the world's longevity ranks for 22 years, something researchers have attributed to their healthy diet and tight social ties, among other factors.
Improved treatment of the ageing population's three biggest killers -cancer, heart disease and stroke - has helped push life expectancy to record highs, a ministry official said.

http://www.nzherald.co.nz/section/story.cfm?c_id=204&objectid=10454194



Depression, anxiety dog modern teens
5:00AM Friday July 27, 2007
This generation of Aussie adolescents is the most troubled, say psychologists
Body image, family breakdown, early physical maturity and the shadow of war are combining to produce the most vulnerable generation of Australians, experts in adolescent anxiety believe.
Youth is supposed to be a carefree time, but the latest figures from the Australian Institute of Health and Welfare show that mental illness, including anxiety and depression, is the greatest burden of disease for people aged 15 to 24.
Leading adolescent psychologist Dr Michael Carr-Greg believes adolescent anxiety is on an uphill curve.
"In my opinion anxiety now ranks up there with depression as the most common presentation I get clinically as an adolescent psychologist here in Melbourne," says Dr Carr-Greg, who works at the Albert Road Centre for Health in Melbourne.

http://www.nzherald.co.nz/section/story.cfm?c_id=204&objectid=10454034



Memory boost in high-carb cereal
5:00AM Wednesday July 25, 2007
Eating a less "healthy" breakfast cereal could improve your memory, new Australian research suggests.
A study has found that high-GI cereals, which are generally heavier in carbohydrate and sugar, help young people remember words better in the short term.
The findings, presented to a world brain conference in Melbourne, may support pre-exam bingeing on glucose-rich foods, but the researchers caution that eating unhealthy foods is not a sustainable tool for memory.
PhD student Michael Smith, from the University of Western Australia, compared the effect of low- and high-GI cereals on the ability of healthy teenagers to remember a list of words.
"Those who ate the high-GI cereal recalled a lot more words than those in the other group," he said.
- AAP

http://www.nzherald.co.nz/section/story.cfm?c_id=204&objectid=10453573



Fitness means less belly fat regardless of weight
1:53PM Wednesday July 25, 2007
By Anne Harding
Men who are fit and overweight still have a lower risk of heart disease and diabetes than those who do no exercise, a study has found. Photo / Reuters
"Fat and fit" men are likely to have a lower risk of heart disease and diabetes because they're relatively trim around the waist, a new study shows.
The higher a man's cardio-respiratory fitness, the less fat he has in his abdominal cavity, Dr Jean-Pierre Despres of Hopital Laval Research Centre in Quebec and colleagues found.
The relationship held true regardless of body mass index (BMI), a ratio of weight to height typically used to gauge excess weight and obesity.
"This is why it's so, so important for the doctor to measure waist circumference," said Despres, who told Reuters Health he is on a "crusade" to get family doctors to check their patients' waist size and triglyceride levels.

http://www.nzherald.co.nz/section/story.cfm?c_id=204&objectid=10453742



Depression, anxiety dog modern teens
5:00AM Friday July 27, 2007
This generation of Aussie adolescents is the most troubled, say psychologists
Body image, family breakdown, early physical maturity and the shadow of war are combining to produce the most vulnerable generation of Australians, experts in adolescent anxiety believe.
Youth is supposed to be a carefree time, but the latest figures from the Australian Institute of Health and Welfare show that mental illness, including anxiety and depression, is the greatest burden of disease for people aged 15 to 24.
Leading adolescent psychologist Dr Michael Carr-Greg believes adolescent anxiety is on an uphill curve.
"In my opinion anxiety now ranks up there with depression as the most common presentation I get clinically as an adolescent psychologist here in Melbourne," says Dr Carr-Greg, who works at the Albert Road Centre for Health in Melbourne.

http://www.nzherald.co.nz/section/story.cfm?c_id=204&objectid=10454034



Nine million now live in World of Warcraft
12:15PM Thursday July 26, 2007
The incredible World of Warcraft population boom continues unabated, with publisher Blizzard announcing nine million subscribed players.
World of Warcraft has hit yet another milestone - this time clocking up a massive nine million subscribed players worldwide.
Blizzard Entertainment said yesterday that the massively multiplayer online role-playing game (MMORPG) is currently working towards releasing its first expansion pack in China which is expected to further swell player numbers.
World of Warcraft: The Burning Crusade is being prepared for release in mainland China with Blizzard's market partner The9.
"We're thrilled that gamers around the world have continued to embrace World of Warcraft so enthusiastically," said Blizzard president Mike Morhaime.
"We've worked hard to provide a compelling experience for our players, and we plan to continue updating the game with exciting new content for them to enjoy for many years to come."
World of Warcraft debuted in America in November 2004, and was the best-selling PC game for the next two years.
Available in seven languages, the ground-breaking game still sits at, or near, the top of PC games lists worldwide.
- NZ HERALD STAFF

http://www.nzherald.co.nz/section/story.cfm?c_id=5&objectid=10453979



One in seven teachers hit by students - survey
2:30PM Saturday July 28, 2007
One in seven primary school teachers were hit by their students last year, a New Zealand Educational Institute (NZEI) survey has found.
The study also found more than 50 per cent of teachers and more than 25 per cent of school support staff reported "aggressive verbal confrontations" with students.
The responses of 67 principals, 150 teachers and 75 support staff were analysed.
The most common assaults involved students pushing, shoving or shouldering teachers, followed by "punched or struck with open hand" and "kicked or stomped".

http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10454425



Four die in US when TV helicopters collide
12:01PM Saturday July 28, 2007
Four people were killed earlier today when two television news helicopters collided in the air over Phoenix while following a police chase in the Arizona desert city, police and media reports said.
The crash involved helicopters from an ABC network affiliate and an independent station that were covering the police pursuit of a car theft and assault suspect.
Television images showed thick black smoke pouring from the scene of the crash in a city park.
A police helicopter was also following the ground pursuit when the crash occurred, Phoenix police spokesman Sgt. Joel Trantor said.
Police were after someone suspected of stealing a city truck, then jumping into at least one other vehicle during the afternoon chase, Trantor said.
The suspect was cornered by police in a nearby building.
- REUTERS

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454417



De Klerk hits back
7:15AM Saturday July 28, 2007
Former South African President F.W. de Klerk says he never condoned any atrocities committed under white rule as an apartheid-era police minister prepared to stand trial for allegedly poisoning a black church leader.
His opponents were spreading rumours to try to strip him of "an honourable place at the table as co-creators of the new South Africa", he said.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454311



Mission of hope for hostages
5:00AM Saturday July 28, 2007
South Korea has sent a senior envoy to Afghanistan to step up efforts to free 22 Christian volunteers held hostage by the Taleban after rebels killed the leader of the church group.
But a Taleban spokesman said more hostages would be killed unless the Government releases eight rebel prisoners overnight.
"The administration of Kabul has asked us to give them till 12 noon today," spokesman Qari Mohammad Yousuf told Reuters by telephone from an unknown location yesterday.
In a first known contact with the outside, a South Korean woman hostage pleaded for help and a speedy release of all the hostages in a telephone interview with CBS News.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454308



Quake rattles East Coast
5:30PM Friday July 27, 2007
An earthquake measuring 4.1 on the Richter scale shook the East Coast this afternoon.
The quake at 4.14pm was located 30km north-east of Matawai, 74km northwest of Gisborne, at a depth of 50km.
GNS Science said the quake was felt in the Gisborne region.
There were no immediate reports of any damage.
- NZPA

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454271



Raul leaves no doubt who's in charge
5:00AM Saturday July 28, 2007
Raul Castro (centre) with Commanders of the Revolution Juan Almeida (left) and Ramiro Valdez. Castro's speech marked the day in 1953 when his brother, Fidel, led an attack on the Moncada Barracks. Photo / Reuters
Cuba's Acting President Raul Castro asserted his leadership yesterday, a year after his ailing brother Fidel handed over power, by promising economic reforms and offering talks with the United States once the Bush Administration is gone.
He said in a Revolution Day holiday speech that Washington had kept up efforts to undermine Cuba since 80-year-old Fidel Castro was sidelined by life-threatening surgery a year ago but that "if the next US government puts arrogance aside and decides to talk in a civilised fashion, that is welcome.
"If not, we are prepared to continue facing their hostile policy for another 50 years."
The US State Department and a leading dissident brushed off the comments by saying Castro needed more dialogue with his own people, who live under communist rule.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454303



Family feud threatens to destroy media empire
5:00AM Saturday July 28, 2007
By Stephen Foley
Sumner Redstone with his daughter Shari (right), and granddaughter Kim in 2003. Photo / Getty Images
An octogenarian media mogul surveys the empire he has created over three hard-fighting decades. One of the world's most successful film studios. One of America's most-watched television networks. A string of other pioneering, profitable and politically powerful assets in broadcasting and publishing. With the fire dimming in his eyes, you might think his mind has turned to how best to secure his legacy, to keep the business intact and under the control of his descendants.
Not Sumner Redstone. Aged 84 and facing growing questions about his health, the mogul is living up to his reputation as the most unpredictable man in the media jungle. He has embarked on an extraordinary public slanging match with his 53-year-old daughter, Shari, until now his presumed successor, that could blow apart one of the world's biggest media companies.
At stake is the future control of some icons ranging from the CBS television network and the pioneering MTV, to the Paramount Pictures film studio and publishers Simon & Schuster.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454297



Australian thief battered in fish shop
4:20PM Friday July 27, 2007
CANBERRA - A man who attempted to rob an Australian fish and chip shop found himself on the losing side when the angry shop owner threw fish batter and hot oil at him.
"The hot oil missed but the batter hit the offender and he fled empty handed," South Australian police said in a statement.
Police said the attempted armed robbery happened on Thursday evening at the quiet seaside retirement town of Victor Harbor, near the South Australian state capital of Adelaide.
Police were checking local hospitals in case the man was injured.
- REUTERS

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454260



Latest teen slaying fails to shock resigned locals
5:00AM Saturday July 28, 2007
By
Terri Judd
He was just 16, hunted down by a hooded gang on bicycles, left to bleed to death in the dark car park of an inner-city estate.
But the saddest thing about yesterday - as it emerged that yet another teenager had been shot and killed on the streets of London - was the lack of shock from residents of the Stockwell Gardens Estate.
Some noticed the commotion in the early hours of yesterday morning, believing it was fireworks. Others recognised the sound of gunfire.
One, who would only give his name as Tony, said he looked out to see a bunch of young men, their faces covered and their hooded tops up, cycle casually away.
On the floor he saw a shadow, not realising it was the body of a 16-year-old boy until the paramedics and police turned up.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454302



Guilty grandmother faces life for 'honour killing'
10:25AM Friday July 27, 2007
Surjit Athwal was killed by her mother in law after deciding to leave her husband. Photo / Reuters
LONDON: A 70-year-old British grandmother is facing life imprisonment after being convicted today of the "honour killing" of her son's wife who she murdered after luring her to India.
Bachan Athwal, 70, who has 16 grandchildren, is believed to be one of the oldest women ever to be convicted of murder in England. Her son was also found guilty of murder.
They will be sentenced on Sept. 19.
The two killed Sikh Heathrow Airport worker Surjit Kaur Athwal, who disappeared in December 1998 after she decided to walk out of her arranged marriage.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454193



Obituary: Mohammad Zahir Shah
5:00AM Saturday July 28, 2007
Afghanistan's former King, Mohammad Zahir Shah, whose 40-year reign coincided with one of the most peaceful periods in the country's history, died on Monday aged 92.
President Hamid Karzai i described Zahir Shah as the founder of Afghan democracy and a symbol of national unity. Zahir Shah ruled Afghanistan from 1933 until he was deposed by his cousin in 1973. Zahir Shah came from a long line of ethnic Pashtun rulers and was the last of a dynasty established in 1747.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454278



Obituary: Sir Thomas Davis
5:00AM Saturday July 28, 2007
By
Arnold Pickmere
Tom Davis during the 1978 election campaign.
Sir Thomas Davis, leader, doctor, seafarer. Died aged 90.
Sir Thomas Davis will be remembered as the man who, without inclination to military coup, became the premier of his country - after his party had lost the election and he had lost his own seat.
But then the Cook Islands election of 1978 was more of a desperate attempt by the premier of 23 years, Sir Albert Henry, to cling to power rather than an exercise in democracy.
Three months later the Chief Justice of the Cook Islands ruled that Sir Albert and other members of his Cook Islands Party had spent large sums of public money on providing virtually free flights from New Zealand to the islands for 445 supporters so they could vote.

http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10454282



Secret metal alloy dissolves as bones heal
5:00AM Tuesday July 24, 2007
By Stu Oldham
George Dias with some of the alloy. Photo / Otago Daily Times
Otago and Canterbury university scientists have developed a still-secret metal alloy that slowly disappears as it heals broken bones.
The discovery has New Zealand poised to enter a multi-billion-dollar surgical-implant market and could consign traditional repairs to the past.
University of Otago researcher Dr George Dias said patients often needed painful and costly surgery to remove stainless steel and titanium repairs.
The new alloy was as strong as titanium - the gold standard in bone repair - but its mechanical properties were much closer to that of bone.
It could be made to degrade over a time that suited the repair it was designed to do. In effect, it left as new bone grew, said Dr Dias, a former maxio-facial surgeon.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10453430



Bleach a key weapon in fighting bacterial infections
1:11PM Friday July 20, 2007
Bleach is a key weapon used by white blood cells to control bacterial infections in the body, New Zealand scientists have discovered.
Exactly how the hard-working white blood cells of the immune system control and kill invading bacteria has long been an area of controversy in medical research.
Now Otago University Associate Professor Tony Kettle and Professor Christine Winterbourn have detailed in international journals Biochemistry and The Journal of Biological Chemistry research which shows exactly how the cells use bleach to control infection.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10452790



Hunt for genetic jigsaw pieces (Also Known as Closing the American Color Gap)
5:00AM Saturday July 21, 2007
By Paul Harris
From the discovery that presidential hopeful Barack Obama is descended from white slave traders to the realisation that the majority of black Americans have European ancestors, a boom in "recreational genetics" is forcing America to redefine its roots.
Al Sharpton walked into a South Carolina pine forest just outside the sleepy southern town of Edgefield and stopped at a cluster of tooth-like unmarked gravestones.
This was the former plantation on which a few generations ago his ancestors had worked, lived, loved and died, owned as property by white masters.
"You must assume that it's family here," Sharpton said, referring to the abandoned slave graveyard.
A few weeks previously Reverend Sharpton, one of America's most outspoken black civil rights leaders, had not known of the cemetery's existence.
But researchers had explored his genealogy and broken the news to him.
Sharpton's story had an astonishing twist: the genealogists discovered his ancestors had once been owned by the ancestors of Strom Thurmond, the Senator and former segregationist who once ran for president on a racist platform.
The phrase "ironic coincidence" did not begin to cover it.
Dozens of reporters tagged along when Sharpton first visited the Edgefield woods, yet it was clear he was genuinely stunned by what he called "the greatest shock" of his life.
"It profoundly affected him," said Tony Burroughs, a genealogist who worked on the project.
Sharpton was not alone. America has embarked on an amazing journey to explore its own past.
Millions of Americans of every creed and colour are exploring their family histories in a genealogy boom that is redefining who they are and what it means to be American.
The internet has allowed people to find obscure information that was previously locked away on dusty library shelves. They are also using modern DNA techniques to research their racial history.
Blacks are discovering they have white blood, whites are finding black relatives. Native Americans are growing in numbers, not because of a high birth rate, but because many Americans are discovering unknown native ancestors written in their DNA.

http://www.nzherald.co.nz/category/story.cfm?c_id=82&objectid=10452849



YouTube debate shows unpredictable power of web
10:49AM Wednesday July 25, 2007
By
Rupert Cornwell
It may not have greatly affected the dynamics of the 2008 Presidential race. But a ground breaking Democratic candidates' debate has made official what has long been evident here : that the free-for-all of the internet - in this case the video sharing site YouTube - is something none of them can ignore.
For two hours, the eight declared candidates fielded questions in the form of YouTube clips submitted by ordinary Americans.
The tone shifted from earnest to anguished, from angry to mocking, from deadly serious to outright humorous.

http://www.nzherald.co.nz/feature/story.cfm?c_id=1501161&objectid=10453711



Editorial: About-turn confirms all is lost
5:00AM Saturday July 14, 2007
This week, the United States may have experienced what history will recall as the Iraq war's Cronkite moment. The New York Times, previously an unswerving supporter of President George W. Bush's handling of the conflict, called for an American withdrawal "without any more delay than the Pentagon needs to organise an orderly exit". Echoes of CBS news anchor Walter Cronkite's 1968 appeal to President Lyndon Johnson to cut his losses in Vietnam rang loudly. The plea by Cronkite, often called "the most trusted man in America" and initially a hawk on Vietnam, proved a turning point in that struggle. The about-turn by the New York Times may be similarly influential in confirming to middle America that all is lost in Iraq.

http://www.nzherald.co.nz/feature/story.cfm?c_id=1501161&objectid=10451427

continued...


Governor calls for action to prevent water crisis (click here)
Issue Date: July 25, 2007
By Ching LeeAssistant Editor
The California Aquaduct is the principal water-conveyance structure of the State Water Project, carrying water from the Sacramento-San Joaquin Delta to Southern California.
While California farmers and ranchers continue to struggle through one of the driest years on record, Gov. Arnold Schwarzenegger last week renewed his call for the state to invest in new water storage and outlined his long-term plan to improve the state's water system.
The governor visited the San Luis Reservoir in Merced County and toured the Sacramento-San Joaquin Delta during a two-day stump to address the state's worsening water crisis and urge lawmakers to approve his $5.9 billion water bond package, which he unveiled in January.
That plan would provide $4.5 billion to build two reservoirs and boost surface and groundwater storage; $1 billion to restore the delta; and $450 million for restoration and conservation efforts....


Inspector General Investigating Allegations of Politics Over Delta Species (click here)
by Dan Bacher Tuesday Jul 10th, 2007 3:45 PM
During a Congressional field hearing in Vallejo on July 2, Steve Thompson, Manager of the U.S. Fish and Wildlife Service's California and Nevada Operations Office in Sacramento, could not tell Representative Mike Thompson whether scientists at the Department of Interior were pressured by the Bush administration to manipulate science because the matter was currently under investigation. Just as Dick Cheney engineered the Klamath Fish Kill of 2002 by disregarding science for political purposes, the Bush administration has orchestrated the collapse of Delta smelt, winter run chinook salmon, spring run chinook salmon and other fish species by increasing Delta water exports since 2002. The horribly destructive political legacy of Bush and Cheney will be felt on the Bay-Delta Estuary, the largest and most important estuary on the West Coast, and the Klamath River for decades to come....


Banks at breaking point (click here)
5:00AM Saturday July 28, 2007
By Peter Huck
A storm in the Napa River valley breaks through the levee. Photo / Reuters
If politicians are correct a perfect storm is bearing down on the Sacramento-San Joaquin Delta, a labyrinth of wetlands, channels and islands that is a vital hub in California's vast water management system that supplies fresh water to a US$32 billion ($40 billion) agribusiness and 25 million people.
Earlier this month, state lawmakers said that the delta levee system - 1770km of earth embankments, some a century old - that helps channel fresh water from the Sacramento and San Joaquin rivers into two huge aqueducts that flow through the San Joaquin Valley into Southern California, was on the verge of collapse.
"There is substantial evidence that the delta is completely broken," Department of Water Resources director Lester Snow said. "We need to invest significantly."…


New thinking needed on floods (click here)
By Patrick McCully
July 17, 2007
Floods are the most destructive, most frequent and most costly natural disasters on earth. And they're getting worse.
Floods have caused hundreds of deaths and billions of dollars of damage around the world this summer. The worst floods in 50 years killed at least a dozen people in Texas and destroyed 1,000 homes, and other states have also been hit hard.
England has suffered unprecedented rainstorms and serious floods; cleanup is expected to cost insurance companies $3 billion. Several hundred have been killed and hundreds of thousands evacuated in Bangladesh, China, India and Pakistan. Australia, Japan and Switzerland have been hammered.
Flood damage is soaring partly because global warming is leading to more intense storms, and partly because more people are living and working on flood plains. Flood-control measures, which are supposed to protect us, are in fact a key part of the problem - and the limitations of conventional flood control will become ever more evident as global warming-induced super-storms test dams and levees beyond their intended limits.
The time has come to recognize that all anti-flood infrastructure can fail. This must be accounted for in flood planning....

Friday, July 27, 2007

Dig this ! Dig this ! It's comin' around. I'll be darn. You won't see this on The Washington Post front page.


Pentagon makes contingency plan for troop pullout (click title to entry, thank you)

The Pentagon is making contingency plans for a gradual withdrawal of United States troops from Iraq, according to US Defence Secretary Robert Gates, who called the planning a "priority".
In a letter delivered this week to Senator Hillary Clinton, a New York Democrat and presidential candidate who tangled with the Pentagon to learn whether such plans exist, Gates said he was actively involved in drafting them.
He said he would work with the Senate Armed Services Committee to find a way to keep senators informed about the "conceptual thinking, factors, considerations, questions and objectives associated with drawdown planning".
"You may rest assured that such planning is indeed taking place with my active involvement as well as that of senior military and civilian officials and our commanders in the field," Gates said. "I consider this contingency planning to be a priority for this department."

Pentagon spokesman Bryan Whitman stressed the Pentagon was not planning for a quick or wholesale withdrawal of forces. A phased reduction would be in line with a Bush Administration view that some long-term US presence in Iraq may be needed....

We are taking back our country and the Wall Street crowd is complaining. Too bad.


The profits that took the Dow to all time highs needs an adjustment as the people that provided the 'means' of such profit taking are losing their quality of life and homes. Gee, who cares about them, huh? (click here)

Bush's economy is an artifical economy. It has been bolstered by running illegal wars, scalping the USA Treasury and calling it an economic plan. The current 'trend' if you want to call it that, is directly related to the exploitation of consumers regarding energy.


Chevron lifts profit 24% on strong fuel margins (click here)
Production declines 1% but matches forecasts
By
Steve Gelsi, MarketWatch
Last Update: 5:56 PM ET Jul 27, 2007
NEW YORK (MarketWatch) -- Chevron Corp., the nation's No. 2 oil company, said Friday its second-quarter net income rose 24%, propelled by robust refining margins in its core West Coast fuel market and a $680 million gain from the sale of its stake in Houston power company Dynegy.
said profit for the three months ended June 30 advanced to $5.4 billion, or $2.52 a share, from $4.4 billion, or $1.97 a share, a year earlier. Revenue for the quarter rose nearly 5% to $56.1 billion.
Analysts surveyed by Thomson Financial predicted the San Ramon, Calif., would hand in net income of $2.30 a share on $50.35 billion in revenue.


There is only one aspect of this New York Times editorial, at the above title link, I agree with and they really should try to make an effort to come to understand the national movement Americans are engaged in to return their economy to American values and American labor:

...They could start by reforming health insurance to ensure that workers who lose their jobs don’t also lose affordable health care....

That is an astounding statement from in an editorial that is Pro-Globalization as a reason to continue to expand trade markets. Who needs them? So far all our trust has resulted in minimally a contaminated food supply to the USA. And does Bush demand that Homeland Security clean up it's act. Heck, no. The underfunding of Homeland Security could not begin to address the issues of such a nature while they twittle all their monies away on trying to federalize the National Guard.

What would happen to the economy of the USA with a single payer system?

UAW Begins Contract Negotiations With GM, Ford; Companies Likely To Seek Health Care Concessions (click here)

The United Auto Workers on Monday began contract negotiations with General Motors and Ford Motor, with the companies likely to seek health care concessions from the union, the AP/Boston Globe reports. UAW on Friday began contract negotiations with the Chrysler Group. UAW contracts with the three companies will expire on Sept. 14.
According to the AP/Globe, UAW and company officials declined to "talk specifics about what they expect to get out of the negotiations," but "company officials have said privately that they need to cut retiree health care and other costs to better compete with the Japanese." Officials for GM -- which last year lost $2 billion and spent $4.8 billion for health care for employees, retirees and dependents -- have cited health care costs as the largest competitive disadvantage for the company.
However, UAW President Ron Gettelfinger said that the union previously agreed to health care and other concessions with GM and Ford to help the companies become more competitive. He added, "I think it's fair to say we've given a lot." He also said that UAW plans to seek four-year, rather than two-year, contracts with the companies and that strikes are possible (AP/Boston Globe, 7/24)....

In "SICKO," which is having huge success across the USA, Michael Moore didn't embark on a discussion of what the positive effects would be to the economy of the USA should a single payer system begin.

This article is dated, but, gets the point across.



Rising Healthcare Costs Put Small Business Owners Under Pressure (click here)

On average, larger employers (200 + employees) experienced a 10.2 percent increase in premiums this year; smaller employers (three-199 employees) experienced a 12.5 percent increase. The smallest employers (three-nine employees) were hit the hardest with an average increase of 16.5 percent. New Jersey employers saw their premiums jump even higher. And more increases are expected in 2002.


Paul Sylvester, president of Charon/ECA, a Newark-based health care consultancy, said he expects New Jersey premiums to rise 40 percent over the next 13 months. Michele Guhl, president of the New Jersey Association of Health Plans, said she feels New Jersey employers will face premium increases of 15-25 percent starting January 2002....

You'll never hear this from Republicans and don't ask me why either, because, streamlining American healthcare would relieve every benevolent company in the USA of the burden of expensive healthcare plans for it's employees where one exists and would prevent 'shopping' among the draconian plans currently available that allow the people of the plans to die at the hands of free wheeling profiteers.

There are some companies in the USA, including incorporated and merged 'health care systems' that self insure while hiring lethally minded administrators to cut the costs to the bone. These self-insured companies are worse in many aspects than even the draconian companies cited in "SICKO." It is not always evident to employees they are insured by their companies either. When they have to call administrators for benefits they frequently believe these are separate 'providers' than their companies.


Did it ever occur to the companies that invoke self-insured plans and the commercial draconian plans as part of an employee benefit that they may be as liable as the insurance companies that provide the benefit? After all the employers provided healthcare plans as a compensation to their employees including a wage. Those employees have no choice in accepting what they are offered, so literally they are trapped into accepting adverse decisions by their employers' healthcare provider.

Hello, America?

But, to return to the 'idea' that a single payer system would actually benefit the American economy, the article above regarding the negotiations of the UAW would literally be mute and the cost of healthcare now a part of the package from the employers could be translated into proportional wage increases over time. In other words, the UAW could literally bring about wage increases to the employees while their healthcare was covered outside the company, by the USA.

What does that do? It increases the economy. How? By placing wellness as a priority of efficiency that we are witnessing already by the reports regarding sodas.

Soda drinkers more likely to have heart problems (click here)

It doesn't matter if you prefer diet drinks or the calorie-clogged variety. People who consume at least one soda a day increase their risk of developing heart disease by nearly 50 percent. The findings, published earlier this week in the journal Circulation, dash hopes that diet soda may be a better heart option than the real deal. The study focuses on what doctors call "metabolic syndrome," or a combination of risk factors that have been linked to cardiovascular disease. Bottom line: People who drink any kind of soda regularly are more prone to develop metabolic syndrome. Read on for more information about the research....

When nations provide health care to their citizens, tracking the trends in disease is far easier. When disease trends such as those that occur over decades including heart disease and cancer are realized as an expense in treatment to a nation's treasury there can be the best minds of modern medicine to combat those trends by setting national standards for wellness and seeking enlistment in that standard with the citizens. That was alluded to in "SICKO" when the British physician spoke about increasing his pay by increasing the wellness 'habits' of his patients. Physicians in the UK act as an advocate to stop deadly health trends in a nation. A group effort of sorts. Only. A larger group. And that advocacy would include all of those that accessed American Health Care, not just those with healthcare plans and government insurance policies. Many of those in need of such advocacy are out of the reach of those physicians allowing adverse quality of life in the face of ignorance and lack of incentive. Wouldn't it be nice if 'Skid Row' actually disappeared due to a country that legitimately cares.

Then there is the issue of small business owners and the self-employed. Would that be a blessing or what? They could conduct their businesses without worrying about obtaining health insurance for themselves which is very expensive on 'individual plans' and 'small group' plans. There would be more incentive for innovators of the American economy to step out of the oppression of high business costs right into the mainstream for upstart industries that return manufacturing to American jobs including textiles and automobiles using electric rather than gas. Quite literally, dreams of entrepreneurship could take hold in the USA and drive out these huge companies that literally have the wealth of the USA by the throat. In other words, good-bye to Walmart and hello to Mom & Pop.

Let me give you an example of an enterprise that can actually happen. Let's say someone wants to manufacture high end clothing. Clothing made of top quality cotton. Sounds great doesn't it? Do you know the longevity of a 100% cotton garment? Nice.

What if that same someone wanted to make their product to society exceptionally unique. So unique that the product would circumvent any and all USA cotton, but instead imports cotton from Burkina Faso.

Farmers organizations in Bénin, Mali and Burkina Faso are asking that cotton producers in North America and Europe are not given price support in order to continue growing cotton in competition with African cotton. (click here)

Is it possible for such an enterprise to take flight? Absolutely. With an individual with a vision and the ability to minimize upstart costs in their neighborhood by working with local authorities and recruiting local employees, an entrepreneur can literally link an economic trend in manufacturing and benefit for not only their own town and it's citizens but also those of another country that grow the 'raw material.' The people of Burkino Faso don't have the resources to produce specialty products, but, they can produce cotton for their manufacture.

But, wait, what would that do to the American farm community? Community? Where? The American family farm has literally disappeared from the American landscape. American agriculture has become huge corporate venues that service other huge corporate venues such as Green Giant and the like. At least for the foods that aren't imported to date. What such entrepreneurship can do is return the viability of the American Family Farm.

What would demising corporations adverse to the American landscape do? Nothing. Absolutely nothing. If anything it would provide a huge tax base in that there would be new companies with minimal 'costs' and expanding markets as those products produced by corporations are lost and the new expanding American-made markets thrive.

The tax base to returning America to Americans is huge. Not only will there be reasonable taxes on business profits, but, also income tax from people that are actually working. People will return to paying taxes into their national treasury rather than wasting their lives looking for jobs that don't exist.

Returning America to Americans is huge. It not only provides new venues of success to communities and the citizens of the USA but also improve the quality of products available to consumers. New entrepreneurship would have to meet demands for quality by literally their communities of consumers. That would eliminate any lack of quality to products and the consumerism of the USA. We could have safety in consumer products at the conscience of their operators since the government has deregulated quality at every turn by the Republican corporate advocates.


Not only that but it would give Americans a chance to get out from under the 'freebee' economy of corporate domination. How many people actually want 'free anything' when it literally adds to the cost of products. There aren't free give aways but only the 'selective selling points' to corporate overruns and 'overstocks.' Who needs it?

America when manufactured by Americans is where this country needs to go. Good paying jobs with benefits that aren't weighted down by expensive and draconian healthcare insurance programs or the reality that a small business owner has to face poor or NO health care for themselves and their employees. There is a lot of opportunity for Americans to return a better and REAL economy to their country, but, it needs to begin with a single payer government healthcare system.

The Bush economy: Strong and stronger (click here)
"I want the American people to take a good look at this economy of ours," said President Bush in a "media availability" appearance Friday morning.


Bush says the economy is strong. In a 351-word statement, he said "strong" seven times, sometimes twice in the same sentence, in case we missed it the first time around. His main basis for this assertion was Friday's news that the economy grew 3.4 percent in the second quarter of 2007, a sharp rebound upward from the first quarter's barely perceptible growth.

According to the Wall Street Journal, he declined to respond to a question from a reporter about Thursday's 300-point market plummet. (Presumably, he would also be inclined to ignore Friday's 200-point drop.) And no reference whatsoever was made to by far the biggest economic story of the week: the implosion of Wall Street's credit markets. The price of insuring against default, as measured by a variety of different indexes, hit record highs on Thursday.

"Risk aversion" is the new battle cry. Easy money? Not so much.

But a fear of risk isn't strong, is it? Some might even say it is a sign of weakness.

But that raises a good question. How the World Works spends a lot of time reading the Financial Times and the Wall Street Journal and following a score of finance geek bloggers who love nothing better than to spend all day trying to explain the difference between a credit swap and a collateralized debt obligation. In this realm, what happened on Thursday was a very big deal, with potentially vast implications for the world of high finance.

If, for example, you are the kind of person who cares about whether one of the biggest private equity operators in the world, Kohlberg-Kravis-Roberts, will be forced to postpone its planned public offering, the collapse of credit markets rocks your world. KKR's leveraged-buyout business strategy just doesn't work when the cost of racking up billions of dollars of debt goes through the roof. And if you have long harbored the suspicion that the vast edifice of "structured finance" erected via the innovative financial experiments of Wall Street's derivatives geniuses is really a big pyramid scheme, then you can't take your eyes off the current traffic wreck. Everyone wants to know: What will break next? How many more hedge funds will self-destruct? What happens to the bottom line of the big investment banks that are the linchpin of the whole system?

But should we care? So a bunch of rich investors have to take a timeout. They can afford it. If the nuts-and-bolts economy is motoring along reasonably well at 3.4 percent -- lagging the global economy's brisk 5 percent growth rate, to be sure, but still, not too shabby -- why should the rest of us care that mergers and acquisition activity appears to be screeching to a halt?

(I can already hear my readers sharpening up their quills as they prepare their screeds on how GDP growth means nothing if the benefits of that growth are not equitably distributed. Fine. It's still better to have some growth than none.)

There's a simple answer to why we should care. Credit crunches spark recessions. If money gets expensive, companies don't just stop buying each other, they also find it harder to raise capital to do anything. Growth slows. People get laid off.

President Bush -- you might want to rethink that advice about taking "a good look at the economy." By definition, that means digging a little deeper than just the most recent GDP numbers. Because it's just possible that such an exercise would explain why investors are suddenly scrambling for high ground.

-- Andrew Leonard



It's the only way an inventive America can do away with corporate influence in their country and political 'bidding' over the best interests of citizens.

If the USA had a single payer system of health care when carbon dioxide was found to be dangerous to Earth, would we still be pandering to car companies that can't get out of their own 'advertising' way of insuring ONLY the internal combustion engine existed on the American market? I think not. If the USA was 'entrepreneurly fluid' rather than 'corporately rigid' in their choices to their consumerism we would not be facing the oppression in our elections or suffering from 'poor choices' by corporate manufacterers that seek 'cheap labor' outside the USA while STILL depriving America of effective choices for a benevolent country.

Break the bonds of corporate bondage. Do we actually need another Iraq?

Corporate America, where corruption lives !

Associated Press
Ex-Qwest Boss Gets Six Years (click here)
By SANDY SHORE 07.27.07, 3:04 PM
DENVER -
Former Qwest Communications chief executive Joe Nacchio was sentenced to six years in prison Friday for making $52 million in illegal stock sales while a multibillion-dollar accounting scandal brought the telecommunications company to the brink of bankruptcy.
U.S. District Judge Edward Nottingham also ordered Nacchio to forfeit the $52 million within 15 days, imposed a maximum $19 million fine and ordered him to serve two years' probation after serving his sentence.
The judge denied Nacchio's request to be granted bail while he appeals his conviction. He ordered Nacchio to report to authorities within 15 days once a federal prison is chosen for him....

Thursday, July 26, 2007

It takes a Senator...

“While Senator Clinton is disappointed that Secretary Gates does not repudiate Under Secretary Edelman's unacceptable political attack, Senator Clinton nevertheless welcomes Secretary Gates's acknowledgment that congressional oversight of the war in Iraq is essential to our national debate. She continues to believe strongly that there is absolutely no room for impugning the patriotism of those who rightfully engage in Congressional oversight.

“Senator Clinton also welcomes the disclosure that the Department of Defense, according to the Secretary, is indeed planning for the redeployment of U.S. forces from Iraq, and looks forward to receiving the department's briefings. To ensure that Secretary Gates' sentiments are fulfilled, she will continue to pursue with Senator Kerry their legislation mandating that the Pentagon brief Congress on contingency planning to ensure the safe and secure redeployment of our troops from Iraq.”

I am sorry if this offends anyone, but, the reality is that it took Senator Clinton to demand a contingency plan to protect the Homeland before ANYTHING was done by the Republican Party INCLUDING those now occupying the White House. On the issue of Homeland Security and the safe deployment of our troops from an Iraqi Civil War, undoubtedly she has the upper hand.

We needed to start making those plans now in order to facilitate an effective withdrawal out of a civil war in Iraq, otherwise, and according to all others it will take at least a year to 'get out of the way' of 'internal' battles in Iraq for control. These plans would never be in place if Senator Clinton didn't take the 'risk' to demand them. The USA would still be lacking essential plans for Homeland Security in the face of escalating concerns domestically.

Rumsfeld NEVER had any contingency plans to protect the USA should the need arise and Gates didn't either until Senator Clinton 'called them on it.' The current Republican bill stated below is to impune the national security of the USA while blunting a 'timed pullout' if that best serves the USA's national security. These two Republican Senators are guilty of the exact actions Bush stated the Democrats were, "...legislating the war." If a timed withdrawal according to the USA military; should prove to be the best contingency plan; then the Commander and Chief and the USA military cannot redeploy in the best way. This bill significantly ties the hands of any redeployment based on a timeline and is a prime example of the political venue with the military and not one that 'insures' the national security of the USA.

GOP bill calls for contingency plan for Iraq (click on)
Two leading GOP senators offer a bill that avoids Democratic demands for a timed pullout but calls on the president to keep U.S. forces from policing civil strife.

By Aamer Madhani and Mark Silva, Chicago Tribune
Last update: July 14, 2007 – 12:33 AM


WASHINGTON - Two senior Senate Republicans on Friday introduced legislation that calls for President Bush to devise a contingency plan to scale down U.S. military involvement in Iraq by the end of the year.

The legislation, drafted by Sens. John Warner, R-Va., and Richard Lugar, R-Ind., two longtime foreign affairs experts who have grown disillusioned with the war, perhaps marks the most significant challenge yet of Bush's war policy from within his own party....

How many more innocent Iraqis will die due to Bush's occupation of Iraq? How many more American military personnel will die due to incompetency in the White House? The USA obviously cannot protect the Shia from aggression toward them, so where does anyone get the nerve to state the USA presence is vital to these people? When will Iran be assisting the Shia of Iraq to stop their killing? When will the so called 'successful surge in Al Anbar' stop the violence against the Shia while securing their own provincial borders? Never? The USA is currently 'arming' the Sunni militias, does anyone think for one minute that is going to quell the violence in Iraq?

The 'excuse' Bush and Gates uses to justify further occupation of Iraq is that the violence will get worse. That's a reason to continue? To be killed and have the Iraqi people killed until the last soldier is dead? The last Shia? This war is insane GOP political nightmare !

How many of more of the USA military will never need the reform of the VA because they won't live long enough to receive it (click here)? This issue was never important to Bush before he was embarrassed into embracing it. Whom is kidding whom here? This is a war for corporate profits, not a war to bring about Middle East peace. The longer the USA continues to occupy Iraq, the strong the terrorist networks become while causing greater instability of the Middle East.

Five US troops killed in Iraq battles (click here)
Staff and agencies
Thursday July 26, 2007Guardian Unlimited
Five US military personnel have been killed in fighting around Iraq over the past few days, officers said today.
The announcement came as a car bomb exploded in a predominantly Shia market area of Baghdad, killing at least 21 people and injuring 62, according to local police.
One US soldier was killed by small arms fire in southern Baghdad yesterday, a military statement said. A day before, three marines and one sailor were killed during fighting in Diyala province, north of the capital.
A total of 65 US personnel have died in Iraq this month, according to media counts. This is significantly lower than the 100-plus killed in each of the previous three months.
Today's car bomb in Iraq was the bloodiest incident in a series of blasts around the country that killed around 40 people in total.
The attacks come a day after explosions killed at least 50 people in Baghdad, some of whom were on the streets following the Iraqi football team's win against South Korea in the semi-finals of the Asian Cup tournament.
The first blast killed 30 people in the Mansour district as fans celebrated their team's victory. A further 20 were killed in an explosion at an army checkpoint in the east of the city.


This is the priority of the Guiliani administration? The McCain administration? I don't hear any GOP candidate calling for contingency plans or redeployment for the sake of national security. Who are we kidding here? The Iraq War is a political icon for the GOP. It's a crony war and nothing else ! The Brits are leaving Iraq. The USA is the ONLY Western country occupying Iraq. How are things going in Afghanistan by the way?

Afghan hostage crisis transfixes South Korea (click here)

SEOUL: Ever since Afghan militants kidnapped 23 South Korean aid workers last week, people here have reacted with shock, disbelief and hope - their mood shifting as news from Afghanistan carried conflicting hints about the hostages' fate.
On Thursday, the national mood reached its lowest point. The government confirmed what millions of South Koreans following the news overnight had hoped would not be true - that a bullet-riddled body found in southern Afghanistan where the Taliban said they had abandoned it was indeed that of a South Korean.
Bae Hyung Kyu, a Christian pastor with a big smile who left a wife and 9-year-old daughter behind, was found dead Wednesday, his 42nd birthday....

Hostage taking, a familiar venue of fear LEARNED by the Taliban from Bush's War on Terror at the Central Location of the war in Iraq. Bush is the worst president the USA has ever had and the South Koreans would not have known domestic security without the United Nations and it's ability to secure a North Korean nuclear reactor. When do the circumstances of USA allies get better rather than worse?

Seoul sends envoy to Afghanistan to help free hostages (click here)
South Korea's chief security advisor is heading to Afghanistan to boost efforts to secure the release of a group of kidnapped Christian volunteers. The fate of the 22 hostages remains in the balance after the Taliban threatened to kill them last night if the government failed to free imprisoned rebels....

Soldier killed in Afghanistan blast (click here)
Press Association Wednesday July 25, 2007 6:43 PM
A British soldier has been killed and two others injured in an explosion in southern Afghanistan, the Ministry of Defence said.
The soldier, from the 1st Battalion The Royal Anglian Regiment, died after a blast during a patrol in the outskirts of Sangin in the volatile Helmand province.
Two other casualties are being treated in hospital for injuries which are not thought to be life threatening, the MoD said.
He was the 65th British forces personnel to die in Afghanistan since the start of military operations there in November 2001 and the first to be killed while travelling in the army's new "Vector" protected patrol vehicle.


Canada’s top commander in Afghanistan escapes suicide bomber (click here)
CanWest News ServicePublished: Thursday, July 26, 2007
Brig.-Gen. Tim Grant, Canada's top commander in Afghanistan, had a close call on Thursday when a convoy he was travelling in was attacked by a suicide bomber, Global National reports.
Grant, who escaped injury, was in one of three vehicles in a convoy when a minivan full of explosives approached at around 5:30 p.m. local time.
The blast was powerful enough to send one of the Canadian vehicles, an RG-31, onto its side. The soldiers inside did not sustain any injuries, according to the news reports. The incident reportedly occurred about 18 kilometres southeast of the Canadian base in Kandahar City....

Miliband parts from US strategy on Taliban (click here)

By Isambard Wilkinson in Islamabad
Last Updated: 7:05pm BST 26/07/2007


Differences between British and American strategy in dealing with Taliban militants emerged yesterday during the Foreign Secretary’s first visit to Pakistan.

David Miliband, the newly-appointed Foreign Secretary, emphasised that a purely military solution to violence in Pakistan’s tribal areas would not alone quash the insurgency.
“Britain has a strong interest in the stability of Pakistan, in defeating extremism and in the development of tribal areas,” said Mr Miliband after talks with President Pervez Musharraf.
“Counter-terrorism is about military force but we also need economic and social development,” he added.


Pakistani officials underscored the difference in approach between the two allies by stating that Britain understood that political agreements were also needed to bring peace....

This is true for the Shia of the Middle East as well. When they witness the USA insuring the security of An Albar while they die in Baghdad, what do you think is occurring there? Security? The greatest asset in Baghdad right now is the return of the Sunni and Shia contingency to the Parliament. Yet, there is little hope for securing the Shia areas within Baghdad without support form other Shia, including any help they can receive from their neighbors.

The 'idea' of quelling an insurgency is to allow the people to be 'secure' in their own right while political solutions take effect to stop fears that escalate violence. That includes an economy and humanitarian aide. That economy is provided by Islamic countries, including Iran, through pilgramages to Iraq, especially in the south. The successful deployment of humanitarian aid to Iraq is coming from Iran, not the USA.

Al Qaeda while an issue in Iraq is not the greatest threat. The Iraqis, as demonstrated by the USA 'surge policy' will remove control of foreign fighters when their provinces are secure.

The Civil War in Iraq has to be stopped by the people of Iraq and that will never occur until they have control of their neighborhoods. That will never happen without the direct 'investment' by neighboring countries that seek to protect them while securing their own borders.

Is there a presence of al Qaeda in Iran that is destabilizing that government? Was there a presence of al Qaeda in Iraq before Saddam was removed? Is there an uncontrollable presence of al Qaeda in Saudi Arabia, Jordan, Egypt?

No.

Why?

Because these Middle East Islamic countries have leadership capable of destroying the presence of al Qaeda. The USA does NOT have the competency to accomplish in Iraq what the neighbors to Iraq can accomplish.


It is time for the Middle East to find a peaceful solution to the Iraq violence. There isn't going to be a greater war between Saudi Arabia and Iran. There will be control within the Iraqi borders to the violence spilling out of that area to the surrounding countries. Syria will not dominate Lebanon. Lebanon has successfully quelled an uprising of al Qaeda in a refugee camp. Lebanon is showing great success in mastering it's sovereignty.

The Middle East needs to solve the problem of violence in Iraq, they understand it while bringing about an Islamic solution. The West has repeated proven to violate Islamic trust. The USA is impuned in that country. The only leverage that exists by the USA is in conjuction with Russia regarding Iran. When Iran has a purpose in protecting the Shia in Iraq, the escalation of Iranian leadership rhetoric will stop while the democratic principles of impending elections STILL AT WORK in Iran replaces their objectionable leadership.