Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/193564608?client_source=feed&format=rss
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Tuesday, January 31, 2012
Monday, January 30, 2012
China paper says punish Philippines over US ties (AP)
BEIJING ? An official Chinese newspaper says Beijing must punish the Philippines economically for proposing closer military ties with Washington.
The nationalist tabloid Global Times, published by the Communist Party's People's Daily, said Sunday that China must pressure Manila to abandon cooperation with the U.S.
China and the Philippines, along with other nations, are locked in a territorial dispute in the South China Sea, and Beijing sees the U.S. as an unwelcome interloper in that dispute.
U.S. and Philippine officials agreed last week to increase cooperation in various areas including maritime security and defense. The Philippines said it is considering more joint military exercises and a greater presence by American troops.
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Occupy protest resurfaces in Oakland after lull
Oakland Mayor Jean Quan surveys damage to City Hall on Sunday, Jan. 29, 2012, in Oakland, Calif., following an Occupy Oakland protest Saturday. After a confrontation with police, demonstrators gained entrance to City Hall where they burned an American flag, broke glass and toppled a model of City Hall. (AP Photo/Noah Berger)
Oakland Mayor Jean Quan surveys damage to City Hall on Sunday, Jan. 29, 2012, in Oakland, Calif., following an Occupy Oakland protest Saturday. After a confrontation with police, demonstrators gained entrance to City Hall where they burned an American flag, broke glass and toppled a model of City Hall. (AP Photo/Noah Berger)
Occupy Oakland protestors burn an American flag found inside Oakland City Hall during an Occupy Oakland protest on the steps of City Hall, Saturday, January 28, 2012, in Oakland, Calif. (AP Photo/Beck Diefenbach)
A defaced bust of former city councilmember Frank Ogawa sits outside Oakland, Calif., City Hall on Sunday, Jan. 29, 2012, following an Occupy Oakland protest Saturday. After a confrontation with police, demonstrators gained entrance to City Hall where they burned an American flag, broke glass and toppled a model of City Hall. (AP Photo/Noah Berger)
Police officers stand near graffiti while guarding Oakland, Calif., City Hall on Sunday, Jan. 29, 2012, following an Occupy Oakland protest Saturday. After a confrontation with police, demonstrators gained entrance to City Hall where they burned an American flag, broke glass and toppled a model of City Hall. (AP Photo/Noah Berger)
Police move in on Occupy Oakland protesters on Oak Street and 12th Street as tear gas gets blown back on them in Oakland, Calif. on Saturday, Jan. 28, 2012. An unlawful assembly was declared as occupiers planned to take over an undisclosed building. (AP Photo/The Tribune, Bay Area News Group) MAGS OUT; MANDATORY CREDIT
OAKLAND, Calif. (AP) ? It started peacefully enough: A midday rally at City Hall and a march. But as the day wore on, Oakland was hit by the most turbulent protests in weeks as Occupy demonstrators clashed repeatedly with police, leaving more than 400 people arrested.
The demonstrations in downtown Oakland broke a lull that had seen just a smattering of people taking to Oakland's streets in recent weeks for occasional marches that bore little resemblance to the headline-grabbing Occupy demonstrations of last fall.
That all changed Saturday with clashes punctuated by rock and bottle throwing by protesters and volleys of tear gas from police, and a City Hall break-in that left glass cases smashed, graffiti spray-painted on walls and an American flag burned.
AP photos showing the flag burning ? including images of masked protesters touching off the blaze, a woman urging protesters not to burn it, and another of an officer stomping out the fire ? drew attention on social networking sites.
At least three officers and one protester were injured. Police spokesman Sgt. Jeff Thomason said there were more than 400 arrests on charges ranging from failure to disperse to vandalism,
On Sunday, Oakland officials vowed to be ready if Occupy protesters try to mount another large-scale demonstration. Protesters, meanwhile, decried Saturday's police tactics as illegal and threatened to sue.
Mayor Jean Quan personally inspected damage caused by dozens of people who broke into City Hall. She said she wants a court order to keep Occupy protesters who have been arrested several times out of Oakland, which has been hit repeatedly by demonstrations that have cost the financially troubled city about $5 million.
Quan also called on the loosely organized movement to "stop using Oakland as its playground."
"People in the community and people in the Occupy movement have to stop making excuses for this behavior," she said.
Saturday's protests ? the most convulsive since Oakland police forcefully dismantled an Occupy encampment in November ? came just days after the announcement of a new round of actions. The group said it planned to use a vacant building as a social center and political hub and threatened to try to shut down the Port of Oakland for a third time, occupy the airport and take over City Hall.
After the mass arrests, the Occupy Oakland Media Committee criticized the police's conduct, saying that most of the arrests were made illegally because police failed to allow protesters to disperse. It threatened legal action.
"Contrary to their own policy, the OPD gave no option of leaving or instruction on how to depart. These arrests are completely illegal, and this will probably result in another class action lawsuit against the OPD," a release from the group said.
Deputy Police Chief Jeff Israel told reporters late Saturday that protesters gathered unlawfully and police gave them multiple verbal warnings to disband.
Earlier this month, a court-appointed monitor submitted a report to a federal judge that included "serious concerns" about the department's handling of the Occupy protests. Police officials say they were in "close contact" with the federal monitor during the protests.
The national Occupy Wall Street movement, which denounces corporate excess and economic inequality, began in New York City in the fall but has been largely dormant lately. Oakland, New York and Los Angeles were among the cities with the largest and most vocal Occupy protests early on. The demonstrations ebbed after those cities used force to move out hundreds of demonstrators who had set up tent cities.
Caitlin Manning, an Occupy Oakland member, believes that Saturday's protest caught the world's attention.
"The Occupy movement is back on the map," Manning said Sunday. "We think those who have been involved in movements elsewhere should be heartened."
In Oakland, social activism and civic unrest have long marked this rough-edged city of nearly 400,000 across the bay from San Francisco. Beset by poverty, crime and a decades-long tense relationship between the police and the community, its streets have seen clashes between officers and protesters, including anti-draft protests in the 1960s that spilled into town from neighboring Berkeley.
Dozens of officers, who maintained guard at City Hall overnight, were also on the scene Sunday.
"They were never able to occupy a building outside of City Hall," Interim Police Chief Howard Jordan said Sunday. "We suspect they will try to go to the convention center again. They will not get in."
Jordan defended his officers' response to the protesters on Saturday.
"No we have not changed our tactics," Jordan said. "The demonstrators have changed their tactics, which forces us to respond differently."
Quan, who faces two mayoral recall attempts, has been criticized for past police tear-gassing, though she said she was not aware of the plans. On Saturday, she thought the police response was measured.
She also said she hopes prosecutors will seek a stay-away order against protesters who have been arrested multiple times.
"It appears that most of them constantly come from outside of Oakland," Quan said. "I think a lot of the young people who come to these demonstrations think they're being revolutionary when they're really hurting the people they claim that they are representing."
Saturday's events began when a group assembled outside City Hall and marched through the streets, disrupting traffic as they threatened to take over a vacant convention center.
The protesters then walked to the convention center, where some started tearing down perimeter fencing and "destroying construction equipment" shortly before 3 p.m., police said. The number of demonstrators swelled as the day wore on, with afternoon estimates ranging up to 2,000 people, although city leaders say that figure was much closer to several hundred.
A majority of the arrests came after police took scores of protesters into custody as they marched through downtown, with some entering a YMCA building, Thomason said.
One of those taken into custody at the facility was KGO radio reporter Kristin Hanes.
Though she was released after about 25 minutes, Hanes said she was "angry that they put a reporter in zip-tie handcuffs."
Oakland police didn't immediately respond to a request for comment about her arrest.
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Sunday, January 29, 2012
China Ex-Im Bank lends $41M for Bahamas project (AP)
NASSAU, Bahamas ? China's state-owned Export-Import Bank has agreed to finance a new port and a bridge in the Bahamas, the second major infrastructure project backed in recent months by the Chinese in the island nation.
The Chinese bank will provide a $41 million loan for the bridge and port on Abaco in the northern Bahamas in a plan unanimously approved Thursday by the House of Assembly. Terms of the loan were not disclosed.
The port, which is expected to cost $33 million, will be located on the northern part of Abaco and include commercial berths and a private marina. It is expected to ease congestion in Marsh Harbour, in southern Abaco, and draw additional foreign investment to the island, said Environment Minister Earl Deveaux.
The 35-acre North Abaco Port plan also includes space for warehouses, a port administration building and a public park.
"What we have determined is Marsh Harbour has exceeded its capacity," Deveaux said. "This project will relieve pressure and accommodate future growth for the island."
The construction of the Little Abaco Bridge, at a cost of about $6.5 million, will allow the government to remove the causeway connecting Great and Little Abaco and restore natural flow to the mangrove forest and other natural habitat in the area, he said.
Both the new port and the Little Abaco Bridge, are expected to be finished by November 2013.
China's Export-Import Bank is also providing the financing for Baha-Mar, a large $2.6 billion resort complex in the Cable Beach area of New Providence, the most populated island that includes the capital, Nassau.
Baha Mar, which will include four hotels, a golf course and what the developers say will be the largest casino in the Caribbean, is largely being built by China State Construction Engineering Co. Ltd, which will import thousands of Chinese workers for the project. The resort is scheduled to open in December 2014.
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Saturday, January 28, 2012
Katie Miller: Reclaiming the Rhetoric of 'Family': 3 Reasons Why Same-Sex Marriage Recognition in the Military Matters
OutServe, the association of actively serving LGBT military personnel, issued a press release Thursday announcing the Our Families Matter campaign and a Capital Summit in May to address support for military partners and families.
As of Sept. 20, 2011, the military may not be able to discharge gay servicemembers, but they're still allowed to pretend like their families don't exist. The Defense of Marriage Act prohibits federal recognition of same-sex military spouses and subsequently denies the robust partner and family benefits program offered to these servicemembers' straight counterparts.
According to the Servicemembers Legal Defense Network, same-sex military couples do not have access to over 100 distinct benefits, including medical and dental insurance, increased housing allowance, relocation accommodation, and surviving spouse benefits.
However, Department of Defense regulations also allocate a number of other benefits using a definition of "family" that they craft internally -- and which currently excludes those formed around same-sex partnerships. Such benefits include joint duty assignments; access to morale, welfare, and recreation programs; and access to commissaries and other on-post facilities, and are not affected by the provisions of DOMA. DoD is able to provide these benefits to same-sex military couples independent of Congressional DOMA proceedings.
Basically, military families are getting the raw end of the deal, which is incredibly ironic given the First Lady's initiative to support military families and statements like this from the Army Chief of Staff: "The strength of our Nation is our Army. The strength of our Army is our Soldiers. The strength of our Soldiers is our Families. That's what makes us Army Strong."
It's contrary to military values and therefore to the strength of the nation if military families aren't taken care of. But let's transition here.
Why Do Military Families Matter to the Rest of the LGBT Movement?
1) First and most obviously, military families are setting the stage for DOMA repeal.
Before the repeal of DADT was even implemented, congressional allies were asking how same-sex military families were affected by the Defense of Marriage Act. At the first congressional hearing since DOMA's implementation in 1996, Senator Feinstein pointed out that DOMA bars the spouse of a gay or lesbian service member or veteran from being buried with him or her in a veterans' cemetery.
Heart-wrenching narratives that display gross injustices against American soldiers will challenge the Republican moral fiber. A purely LGBT initiative can be ignored by the right wing; the story of a sacrificed servicemember cannot.
2) The recognition of same-sex spouses and their families proves that "homosexuality" isn't (just) about the sex.
Whether referencing sodomy, sexual deviancy, or pedophilia, language used to describe gays and lesbians throughout history have placed emphasis on the sexual component of same-sex relationships. One of the most famous attempts to take on such a task was the homophile movement in the 1950s and '60s. The term literally means loving the same sex. Obviously, Average Joe hasn't heard of the term "homophile," and he probably uses the term "homosexual," indicating that the movement failed in the respect. Essentially, there is much work to be done in order to dismantle the association of gays with perversion.
3) Same-sex marriage recognition in the military reclaims (and possibly neutralizes) the term "family."
It's far too often that we hear Republican candidates (can you guess which GOPer this hyperlink goes to?) toss around the word "family" as a euphemism for anti-gay sentimentality. If the military -- as one of the most family-oriented institutions in American society -- recognizes same-sex families as legitimate, then others will inevitably do so, as well. Again, families are "the strength of our nation." If gays are included in this military definition of family, I would consider that a step up from the classification of "pervert" and "sexual deviant."
Pushing for same-sex partner recognition and family benefits in the military may appear to be a narrow goal in the wide scheme of LGBT issues, but it's part of a larger agenda. It's about reclaiming and eventually neutralizing the terms "family," "spouse," and even "patriotism" so they can't be placed in opposition to everything the LGBT movement stands for.
?
Follow Katie Miller on Twitter: www.twitter.com/KatieMillerOS
Source: http://www.huffingtonpost.com/katie-miller/military-doma_b_1232499.html
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Of Course the World's Most Expensive Private Yacht Has Its Own Laser Shield [Video]
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Prime Minister Harper unveils grand plan to reshape Canada
After five years of minority governments, Stephen Harper finally has the freedom to act.
He?s no longer looking at the limited horizon of the next budget or the next election. He?s planning on transforming Canada for a generation or more. This is Stephen Harper?s blueprint for reform.
More related to this story
Although short on details, Mr. Harper?s speech to the World Economic Forum in Davos, Switzerland, on Thursday made clear the sweep of his ambition. He will change how Canadians finance their retirement. He will overhaul the immigration system. He will make oil and gas exports to Asia a ?national priority? and aggressively pursue free trade in India and Europe.
Several times in his speech, Mr. Harper portrayed his agenda as a fix for a generation ? a fix he claimed is necessary to confront the challenges of an aging population. Canada?s demographics, he warned, pose ?a threat to the social programs and services that Canadians cherish.? Preserving those social programs will likely mean cuts elsewhere.
?Western nations, in particular, face a choice of whether to create the conditions for growth and prosperity, or to risk long-term economic decline. In every decision, or failure to decide, we are choosing our future right now,? Mr. Harper said.
?We?ve already taken steps to limit the growth of our health-care spending. ? We must do the same for our retirement-income system.?
He said he plans to make Canada?s old-age supplement program sustainable. What that means is unclear. He did not spell out whether seniors will have to wait longer to receive the benefit or whether clawbacks would be increased for higher income earners.
Unlike the Canada Pension Plan ? which is supported by a separate and well-financed pool of savings ? there is no pot of cash to support the OAS program, which is paid out of government revenues. A recent actuarial report pointed out that the cost of OAS will climb 32 per cent between 2010 and 2015, and OAS payouts to retirees will rise to $108-billion in 2030 from $36.5-billion in 2010.
While future changes to OAS were not explained, Mr. Harper said current retirees will not be affected. The major policy reforms are in addition to looming spending cuts, which Treasury Board President Tony Clement said on Thursday could be as much as $8-billion, twice the $4-billion target announced last year.
Mr. Harper further outlined the blueprint for his government by ticking off a list of policy priorities. He said Canada?s investments in science and technology had produced poor results and were a ?significant problem for our country.? He said he intends to pursue free trade with the European Union and India and find new energy markets beyond the United States. Regulatory delays for mines and energy projects are also being targeted.
Mr. Harper said he intends to tackle immigration reform, a thorny issue in a country where one in five is an immigrant. Canada?s humanitarian obligations and its family reunification objectives will be ?respected,? he said, but the needs of the labour force and the economy will now be central.
Citizenship and Immigration Minister Jason Kenney has been working on significant reforms to the immigration system for several months. Mr. Kenney has said he wants to speed immigrant integration in the labour market by changing the emphasis of selection criteria. He intends to reward applicants who speak English or French, have job offers, Canadian work experience or postgraduate degrees, all of whom tend to fare better economically. The increased emphasis on economic immigrants could lead to reductions in the family class.
As the Canadian population ages, immigration is increasingly the major source of population growth. At the moment, more than 60 per cent of population growth comes from immigration, but that will approach 100 per cent by 2030. If Canada wants to maintain its population structure, or at least the proportion of the population that?s over 65, it would have to start admitting about three to four times its annual intake of roughly 250,000 immigrants, experts say.
As for OAS, previous Liberal and Conservative governments have tried ? and failed spectacularly ? to make the program financially sustainable. Both Brian Mulroney, and Paul Martin when he was finance minister, were forced to back down in the face of public pressure.
C.D. Howe Institute president Bill Robson said he believes the public will support changes if they see MPs and the public service scaling back their benefits as well.
?As seniors get more numerous, it?s clearly more difficult for politicians to take them on,? he said. ?But I?m encouraged to think Canadians can get together on things like this.?
Susan Eng, vice-president of the non-profit retired persons advocacy group CARP, predicts a strong negative reaction to OAS changes, which were never discussed during the election campaign.
Ms. Eng said her group?s surveys show strong opposition to changing the OAS.
With reports from Jane Taber in Ottawa and The Canadian Press in Davos, Switzerland
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Friday, January 27, 2012
96% The Muppets
All Critics (170) | Top Critics (40) | Fresh (163) | Rotten (6)
It may not entirely work as a movie, but The Muppets shines as a piece of touching pop nostalgia.
The purity of the nostalgia turns this franchise film into a love letter to childhood.
You can rest easy - if you have previously loved the Muppets, you will likely currently love The Muppets.
The chorus of one of the songs declares, 'I've got everything that I need, right in front of me.' For 120 minutes, that's precisely how I felt.
[Filmmakers] hew close to the essential innocence informing the Muppets' silliness.
The Muppets is a triumph of simplicity, innocence and goofy jokes. It's a triumph of felt.
So genial, so joyous, and suffused with such a lip-smacking sweetness, that the occasional pacing issues and subplot hiccups simply don't seem to matter.
It's never cloying or too knowing. Cynicism and wariness are real world concerns that have no place among the foam and felt.
Brushing aside decades of nostalgia, this is a whip-smart postmodern romp with a warm heart to boot, and as such, it should please both life-long fans and new initiates to the Muppet universe.
invites viewers to become a bit like the dreamer Walter and, in (re)discovering and embracing their inner child (not to mention their inner muppet), to join a fantastic, funny family that never grows old, no matter how times may have changed.
The innocence is slightly twisted, the harmonious camaraderie is slightly corrosive and the characters are slightly eccentric
I smiled throughout this madcap joyous adventure in which the Muppets are funny, silly, colourful and totally endearing in what must be the happiest film of the New Year
MY inner child - the one who loved The Muppet Show, The Muppet Movie and The Great Muppet Caper - really wants to give this film five stars.
By focusing on the Muppets of The Muppet Show (1976-1981) rather than the independent Muppets of prior films, the writers open up an unexplored aspect of Muppet lore ripe for revival.
A nice throwback to the good old days of the Muppets.
Under James Bobin's direction, however, the outing feels cheap and strangely small-screen.
An altogether charming, smart and strangely moving little movie.
The Muppets may be one of the best films of the year, not judged as a children's film, or a family film, but instead, simply as a film.
The Muppets is really two movies. And one of those movies is quite good, albeit awfully similar to previous films.
Even balcony critics Waldorf and Statler would have a hard time faulting this Wonkaful delight.
I am a fan of The Muppets and I'm glad to see them making a comeback. Maybe if this movie is a hit, they'll make a sequel where they'll actually get to be the stars of their own film.
A good imitation of the Muppet style.
The Muppets is a celebration of all things Muppets -- filled with fun, laughter and moments of pure joy.
The Muppets heralds the return of Jim Henson's beloved furry creations, resurrected from pop-culture irrelevance and lovingly restored to their former greatness in a vibrant comedy-musical.
More Critic ReviewsSource: http://www.rottentomatoes.com/m/the_muppets/
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Thursday, January 26, 2012
Pakistan PM drops criticism of the military (Reuters)
ISLAMABAD (Reuters) ? Pakistan's premier on Wednesday appeared to back down from a confrontation with the military, moving away from remarks made earlier this month that it had acted unconstitutionally in supporting a court investigation of a controversial memo.
"I want to dispel the impression that the military leadership acted unconstitutionally or violated rules," said Prime Minister Yusuf Raza Gilani, according to state television.
His comments, appeared to be a bid to defuse the worst tensions between the country's civilian leaders and the powerful military since a 1999 army-led coup and came a day after a high-level meeting with the military to discuss a possible trilateral summit on the future of Afghanistan.
"The current situation cannot afford conflict among the institutions," he added.
Gilani criticized the army chief General Ashfaq Kayani and director general of the military's Inter-Services Intelligence agency Lieutenant-General Ahmed Shuja Pasha earlier this month for filing responses in a Supreme Court investigation into the origins of mysterious memo that has pitted the military against the civilian government.
In an interview with Chinese media, Gilani said the filings were "unconstitutional," infuriating the military's high command which responded with a stern press release, warning of "very serious ramifications with potentially grievous consequences for the country."
Despite being officially under civilian control, the military sets foreign and security policies. It attracted rare public criticism after U.S. special forces killed al Qaeda leader Osama bin Laden on Pakistani soil in a raid in May 2011, an act seen by many Pakistanis as a violation of sovereignty.
The latest crisis has raised fears of further instability in the nuclear-armed nation fighting a Taliban insurgency.
The United States wants smooth ties between civilian and military leaders so that nuclear-armed Pakistan can help efforts to stabilize neighboring Afghanistan, a top priority for President Barack Obama.
The military, which has ousted three civilian governments in coups since independence in 1947, has ruled Pakistan for more than half of its history.
(Reporting by Qasim Nauman; Writing by Chris Allbritton; Editing by Ed Lane)
Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20120125/wl_nm/us_pakistan
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Bus Rampage: Driver Goes 'Berserk,' Kills 9 In Central India
NEW DELHI -- An on-duty bus driver went on a rampage on the crowded streets of a central Indian city Wednesday, killing nine people and injuring more than two dozen as he mowed down pedestrians and rammed other vehicles.
Police chased the bus for an hour through the streets of Pune, with traffic officers firing on it in an attempt to stop it, before they managed to arrest the 30-year-old driver. He is being held on murder charges.
The licensed bus driver reported for duty Wednesday morning and then "just went berserk," going off his normal route and slamming into people, cars, school buses, scooters and vegetable stands, Pune Police Commissioner Meeran Borwankar said.
Pedestrians tried to flee, with some throwing children out of the way of the oncoming bus, she said.
"He went on ramming vehicles, hitting pedestrians. He was in such a dangerous mood," Borwankar said.
Food stalls were reduced to piles of squashed produce and broken beams, while at least 40 cars were crushed.
The injured were being treated in three hospitals.
Officials have said nothing about a possible motive. The driver had no complaints against him before Wednesday, Borwankar said. Bus service officials are investigating.
The mayor of Pune, which is about 125 miles (200 kilometers) southeast of Mumbai, appealed for calm.
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Teen Mom 2 Recap: Jenelle Evans Beats Roommate With Drumsticks ... Obviously
As her mom, Barbara, has said so many times ... Dammit Jenelle!!
Last night's episode of Teen Mom 2 featured an all-out brawl between combustible time bomb Jenelle Evans and her new housemates, making us wonder if this girl will ever go longer than a few months without getting arrested.
On the flip side, your roommates all look better by comparison, no?
Let's get down to this week's Teen Mom 2 recap, THG's +/- style!
Jenelle Evans' meltdown began, we think, because Kieffer Delp was texting someone in the 508 area code, which is not North Carolina. Uh oh. Minus 12.
She threatened to move out and take her couches with her. Not that you can put them in the car where she'd be living, but point taken Jenelle. Plus 4.
The bathroom door was victim #1 of the night. Holy rage issues woman! Plus 5 because at least the bathroom door can't press charges against her.
Roomie Tori tried her best to console her, but Jenelle was past the point of no return and ranting about Tori's BF, Kieffer clone Tylor. Uh oh. Minus 6.
That's when the drumsticks came out. That's not a euphemism, Tori and Jenelle really started frickin' wailing on each other with drumsticks. Plus 30.
The image of them rolling around on the floor between the legs of Kieffer and Tylor, who were also brawling, will likely scar us for life. Still, Plus 12.
When Bahbwa sees this low-rent porn-gone-wrong scene? Look out. Minus 20.
Kailyn Lowry hired an attorney because, as we saw in last week's episode, Jo would rather finance his music career than pay child support for Isaac.
We're a little torn on this one. Jo should obviously pay money to keep his son's standard of living up. But Kailyn could be a better communicator. Wash.
Just because he lives at home doesn't mean he's a deadbeat or doesn't need the money. Not to go all Team Jo here, because we're not. Just saying.
Work it out, you two. Come to an agreement for the sake of the kid. Each of you compromise a little. But at least they're not Jenelle/Kieffer, so Plus 8.
Chelsea Houska got off to a promising start at Year Round Brown. Sorry, we can't get over that being the name of the tanning salon ... in South Dakota. Plus 4.
But, alas, she later cried a lot because Adam broke up with her. Minus 12 for being so hung up on that douche. Time to file for child support and move the hell on.
You agree with us, are we right Randy?! Plus 7 for Randy being the man.
Leah Messer has since parted ways with Corey Simms ... and gotten engaged to Jeremy Calvert, and pregnant again, putting this in an interesting perspective.
Aspiring coal miner Corey would rather buy a new truck than a nicer trailer home for his family. That's what we call a warning sign right there. Minus 40.
All a girl wants for her adorable little twin girls, who are looking cuter by the minute, is some land and a double wide. Is that too much to ask?! Plus 15.
Seriously. Leah has shown remarkable maturity given all she's gone through, and this is the thanks that she gets. Hope Jeremy is an upgrade. Plus 10.
"This is over," she tells Corey. "I'm leaving." Foreshadowing ... Minus 5.
EPISODE TOTAL: +6 SEASON TOTAL: +19!
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Wednesday, January 25, 2012
Announcing A New TechCrunch TV Show: ?In the Studio?
I've been contributing to TechCrunch for a while now, and, it's been a blast and a privilege. As 2011 ended, I reached out Erick and Jon Orlin (who runs TechCrunch TV) and shared some ideas I had for a TV show around technology and entrepreneurship. After many email debates, we settled on something we're excited about and is dead-simple, which we'll simply call "In the Studio." Once a month, we'll spend half a day videotaping 1:1 interviews with guests in the studio at TechCrunch Headquarters in San Francisco. Each conversation will be anywhere from 8-13 minutes. I plan to sit down with all sorts of dynamic people in the startup world, everything from founders, developers, designers, marketers, recruiters, bloggers, investors, and more. Our goals are to (1) invite truly compelling guests to the studio and (2) offer them a platform to share perspectives on their work with all of us in an informal, conversational manner.Source: http://feedproxy.google.com/~r/Techcrunch/~3/Cdi0Dy3dWG4/
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China reports second bird flu death in a month (AP)
BEIJING ? China on Sunday reported its second bird flu fatality in a month following deaths last week in Vietnam and Cambodia.
The patient died Sunday in Guizhou province in the southwest after being hospitalized on Jan. 6, the health ministry said in a brief statement. It said the flu was highly pathogenic but gave no indication whether it was confirmed to be the H5N1 strain.
Mainland officials told Hong Kong authorities the patient was a 39-year-old man who reported having no contact with poultry, government-run Hong Kong broadcaster RTHK said. It gave no other details of his identity.
The health ministry statement said 71 people who had contact with the patient showed no unusual symptoms.
China suffered its first bird flu fatality in 18 months when a bus driver in Shenzhen, a city that borders Hong Kong, died Dec. 31.
Last week, Vietnam reported its first bird flu fatality in nearly two years ? an 18-year-old man who worked on a duck farm.
In Cambodia, a 2-year-old boy died last week after reportedly having contact with sick poultry in his village, according to the World Health Organization.
Indonesia also has reported one bird flu death this year.
WHO says that as of Friday, there have been 343 human deaths from 582 confirmed bird flu cases worldwide since 2003. Some 27 of those deaths were in China and 60 in Vietnam.
___
Online:
Chinese Ministry of Health: http://www.moh.gov.cn
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Tuesday, January 24, 2012
Germany and France seek relaxation of bank capital rules: report (Reuters)
LONDON (Reuters) ? France and Germany will call on Monday for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, the Financial Times reported on Monday.
German finance minister Wolfgang Schauble and his French counterpart Francois Baroin will urge special treatment for banks that own insurance companies, according to a joint paper seen by the newspaper.
The pair will also urge important elements of the Basel III guidelines on capital requirements to be watered down to mitigate any "negative effect" on growth, according to the article.
The FT said the paper calls for a three-year delay to the mandatory deadline to disclose leverage ratios, a measure of bank borrowing and risk.
Banks across the world will have to follow Basel III accords for disclosing the size and quality of their capital safety buffers from 2013 to help reassure investors they are stable.
(Reporting by Stephen Mangan; Editing by Kim Coghill)
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Croats vote in EU membership referendum
A Croatian EU sceptic holds an anti EU flag during a rally at the central square in Zagreb, Croatia, Saturday, Jan. 21, 2012. Police clashed Saturday with a group of nationalist protesters who attempted to take down an EU flag on the eve of the country's membership referendum. The clash occurred at the end of protest rally by about 1,000 mostly war veterans and right-wing protesters opposed to Croatia's joining the European Union. (AP Photo/Filip Horvat)
A Croatian EU sceptic holds an anti EU flag during a rally at the central square in Zagreb, Croatia, Saturday, Jan. 21, 2012. Police clashed Saturday with a group of nationalist protesters who attempted to take down an EU flag on the eve of the country's membership referendum. The clash occurred at the end of protest rally by about 1,000 mostly war veterans and right-wing protesters opposed to Croatia's joining the European Union. (AP Photo/Filip Horvat)
Croatian anti EU protestors hold a rally in the central square in Zagreb, Croatia, Saturday, Jan. 21, 2012. Police clashed Saturday with a group of nationalist protesters who attempted to take down an EU flag on the eve of the country's membership referendum. The clash occurred at the end of protest rally by about 1,000 mostly war veterans and right-wing protesters opposed to Croatia's joining the European Union. Protesters wear t-shirts with 'NO' written inside the emblem of the EU. (AP Photo/Filip Horvat)
ZAGREB, Croatia (AP) ? Croatians voted Sunday in a nationwide referendum on whether to join the European Union ? a test of how much the debt-stricken 27-nation bloc has lost its appeal among potential new members.
Several pre-vote surveys suggest that between 56 and 60 percent of those who take part in the vote will answer "yes" to the question: "Do you support the membership of the Republic of Croatia in the European Union?"
Those who support the EU say their Balkan country's troubled economy ? burdened by recession, a euro48-billion ($61-billion) foreign debt and a 17 percent unemployment rate ? will revive due to access to wider European markets and job opportunities that the membership should bring.
"It's a big moment in our history ... we are joining more successful countries in Europe," Croatia's President Ivo Josipovic said after casting his ballot, adding that he expects a "Yes" vote in the referendum.
Opponents say Croatia has nothing to gain by entering the bloc, which is fighting off the bankruptcy of some of its members. They say that Croatia will only lose its sovereignty and the national identity it fought for in a civil war for independence from Yugoslavia in the 1990s.
Croatia signed an EU accession treaty last year and is on track to become a member in July 2013, if Croat voters say yes and all of the bloc's states later ratify the deal.
The Balkan nation started negotiating its EU entry six years ago, but since then the popularity of the bloc has faded, as Croats realize that EU membership would not automatically lead to prosperity.
In a sign of deep divisions in Croatia over the membership, police clashed Saturday in downtown Zagreb with a group of nationalist protesters who attempted to take down an EU flag.
"We won't have any say in our own affairs any more," Natko Kovacevic, one of the organizers of the protest, told the crowd carrying banners reading "No to EU" and "I love Croatia."
Croatian officials, who have launched a pro-EU campaign ahead of the referendum, warned that a "no" vote would deprive the country of the much-needed accession funds, and that even the payment of pensions for retirees and war veterans could be in jeopardy.
Croatia has received around euro150 million ($193 million) in pre-accession assistance since 2007. It is to receive another euro150 million for 2012 and euro95 million ($122 million) in 2013.
"Clearly all that funding will be stopped if the Croats say no in the referendum," Croatia's Foreign Minister Vesna Pusic said.
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Monday, January 23, 2012
After protest, Congress puts off movie piracy bill (AP)
WASHINGTON ? Caving to a massive campaign by Internet services and their millions of users, Congress indefinitely postponed legislation Friday to stop online piracy of movies and music costing U.S. companies billions of dollars every year. Critics said the bills would result in censorship and stifle Internet innovation.
The demise, at least for the time being, of the anti-piracy bills was a clear victory for Silicon Valley over Hollywood, which has campaigned for a tougher response to online piracy. The legislation also would cover the counterfeiting of drugs and car parts.
Congress' qualms underscored how Internet users can use their collective might to block those who want to change the system.
The battle over the future of the Internet also played out on a different front Thursday when a loose affiliation of hackers known as "Anonymous" shut down Justice Department websites for several hours and hacked the site of the Motion Picture Association of America after federal officials issued an indictment against Megaupload.com, one of the world's biggest file-sharing sites.
The site of the Hong Kong-based company was shut down, and the founder and three employees were arrested in New Zealand on U.S. accusations that they facilitated millions of illegal downloads of films, music and other content, costing copyright holders at least $500 million in lost revenue. New Zealand police raided homes and businesses linked to the founder, Kim Dotcom, on Friday and seized guns, millions of dollars and nearly $5 million in luxury cars, officials there said.
In the U.S., momentum against the Senate's Protect Intellectual Property Act and the House's Stop Online Piracy Act, known popularly as PIPA and SOPA, grew quickly on Wednesday when the online encyclopedia Wikipedia and other Web giants staged a one-day blackout and Google organized a petition drive that attracted more than 7 million participants.
That day alone, at least six senators who had co-sponsored the Senate legislation reversed their positions. House Speaker John Boehner, R-Ohio, in statements at the time and again on Friday, stressed that more consensus-building was needed before the legislation would be ready for a vote.
On Friday, Senate Majority Leader Harry Reid, D-Nev., said he was postponing a test vote set for Tuesday "in light of recent events." House Judiciary Committee Chairman Lamar Smith, R-Texas, followed suit, saying consideration of a similar House bill would be postponed "until there is wider agreement on a solution."
With opposition mounting, it was unlikely that Reid would have received the 60 votes needed to advance the legislation to the Senate floor.
The two bills would allow the Justice Department, and copyright holders, to seek court orders against foreign websites accused of copyright infringement. The legislation would bar online advertising networks and payment facilitators such as credit card companies from doing business with an alleged violator. They also would forbid search engines from linking to such sites.
The chief Senate sponsor, Judiciary Committee Chairman Patrick Leahy, D-Vt., cited estimates that copyright piracy costs the American economy more than $50 billion annually and that global sales of counterfeit goods via the Internet reached $135 billion in 2010. He and Smith insist that their bills target only foreign criminals and that there is nothing in them to require websites, Internet service providers, search engines or others to monitor their networks.
That didn't satisfy critics who said the legislation could force Internet companies to pre-screen user comments or videos, burden new and smaller websites with huge litigation costs and impede new investments.
The White House, while not taking a specific stand on the bills, last week said it would "not support any legislation that reduces freedom of expression ... or undermines the dynamic, innovative global Internet." On Friday, White House spokesman Jay Carney said online piracy is an issue that has to be addressed, "but everybody has to be in on it for it to work and get through Congress."
The scuttling, for now, of PIPA and SOPA frustrates what might have been one of the few opportunities to move significant legislation in an election year where the two parties have little motivation to cooperate.
Until recently "you would have thought this bill was teed up," with backing from key Senate leaders and support from powerful interest groups, said Sen. Jerry Moran, R-Kan., who cosponsored the original bill but quickly dropped his backing on the grounds the bill could undermine innovation and Internet freedom.
Moran said the "uprising" of so many people with similar concerns was a "major turnaround, and in my experience it is something that has happened very rarely."
Moran said PIPA and SOPA now have "such a black eye" that it will be difficult to amend them. Reid, however, said that there had been progress in recent talks among the various stakeholders and "there is no reason that the legitimate issues raised by many about this bill cannot be resolved."
Jeff Chester, executive director for the Center for Digital Democracy, a consumer protection and privacy advocacy group, said Google and Facebook and their supporters "have delivered a powerful blow to the Hollywood lobby." He predicted a compromise that doesn't include what many see as overreaching provisions in the current legislation.
"It's been framed as an Internet freedom issue, but at the end of the day it will be decided on the narrow interests of the old and new media companies," he said. The big questions involve who should or shouldn't pay ? or be paid ? for Internet content.
Leahy said he respected Reid's decision to postpone the vote but lamented the Senate's unwillingness to debate his bill.
"The day will come when the senators who forced this move will look back and realize they made a knee-jerk reaction to a monumental problem," Leahy said. Criminals in China, Russia and other countries "who do nothing but peddle in counterfeit products and stolen American content are smugly watching how the United States Senate decided" it was not worth taking up the bill, he said.
In the House, Smith said he had "heard from the critics" and resolved that it was "clear that we need to revisit the approach on how best to address the problem of foreign thieves that steal and sell American inventions and products." Smith had planned on holding further committee votes on his bill next month.
The bill's opponents were relieved it was put on hold.
Markham Erickson, executive director of NetCoalition, commended Congress for "recognizing the serious collateral damage this bill could inflict on the Internet."
The group represents Internet and technology companies including Google, Yahoo and Amazon.com. Erickson said they would work with Congress "to address the problem of piracy without compromising innovation and free expression."
Rep. Darrell Issa, R-Calif., who has joined Sens. Ron Wyden, D-Ore., and Moran in proposing an alternative anti-piracy bill, credited opponents with forcing lawmakers "to back away from an effort to ram through controversial legislation."
But the CEO of the Motion Picture Association of America, former Connecticut Democratic Sen. Chris Dodd, warned, "As a consequence of failing to act, there will continue to be a safe haven for foreign thieves." The MPAA, which represents such companies as Walt Disney Studios Motion Pictures, Twentieth Century Fox Film Corporation and Warner Bros. Entertainment Inc., is a leading advocate for the anti-piracy legislation.
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Has Portugal's debt default clock begun to tick? (Reuters)
LISBON (Reuters) ? Portugal clinched a deal on ambitious labor market reforms this week and carried out its biggest debt sale since seeking a 78-billion-euro bailout, but the challenges for the second-most risky country in the euro zone may be shifting up a gear.
Undermining the glow of Lisbon's achievements is the rapidly rising market concern that Portugal is the next potential candidate to default in the euro zone after Greece -- a point that is fast becoming clear as Athens approaches the end of its debt restructuring talks.
"Portugal is obviously the next in the line of fire," said Michael Cirami, a portfolio manager at U.S. investment managers Eaton Vance. "Portugal is unlikely to go unnoticed whether they strike a deal or not (on Greek debt restructuring)."
The concerns were clearly borne out this week as Portugal's bond yields rose virtually without interruption, to all-time highs, despite the issuance of 2.5 billion euros of short-term treasury bills on Wednesday at slightly lower yields.
The country's 10-year yields rose to almost 15 percent on Thursday and hovered around 14.80 percent on Friday. Five-year credit default swap prices implied the market was pricing in a 66.8 percent chance of a Portuguese default.
The sharp rise in bond yields was partially triggered by Standard & Poor's downgrades of European countries last week, which left Portugal as the second euro zone country to be rated "junk" by all the main rating agencies, along with Greece.
"Portugal was the only country really rattled by the downgrade because it is seen as a much more complicated case," said Gilles Moec, senior European economist at Deutsche Bank. "It combines the same high level of private sector overindebtedness as Spain, high public sector debt similar to Italy, plus the economic recession."
The key problem for Portugal, which was the third euro zone country to seek a bailout after Greece and Ireland, is whether it has enough time to restructure its economy to grow as it enacts harsh austerity and faces the worst recession in decades.
This year will be the toughest of the three-year bailout as deep spending cuts, including the elimination of two months of pay for civil servants and across-the-board tax hikes, spark a 3 percent economic contraction after a 1.6 percent slump in 2011.
The government has pledged to cut the budget deficit to meet the goals set by the bailout although it only met them in 2011 thanks to a one-off transfer of banks' pension funds to the state.
Under the bailout, Portugal also has to introduce sweeping reforms, including of the rigid labor market -- which it reached agreement on this week with unions. Cutting the cost of hiring and firing should boost competitiveness eventually.
TIME NEEDED FOR REFORMS TO PAY OFF
Filipe Silva, debt manager at Banco Carregosa, said that the current record yield levels show the market perceives that Portugal will have to restructure its debt in the long-term.
"Whether this is right or not, it's too early to say because Portugal did not have enough time for the austerity measures to produce the impact politicians are hoping for," said Silva, adding much will depend on events at the European level.
"The most probable outcome is Portugal asking for longer terms or more bailout money," he said. Under the current bailout, Portugal has to return to the long-term bond market in the second half of 2013, which many analysts see as at least hard to achieve.
"In our view, the programme for Portugal should be extended beyond 2013, for the good things from their fiscal consolidation and structural reforms to have time to materialize," Moec said.
The government has repeatedly said there is no need to renegotiate debt or extend the bailout.
When asked about the record yields during a parliament debate on Friday, Prime Minister Pedro Passos Coelho insisted that Portugal's situation has "improved and not deteriorated," adding that bond markets are volatile due to lack of liquidity.
"The secondary bond market is not very liquid and as such the turmoil shown in government bond yields is not very significant these days, even though this is bad news," he said.
Elisabeth Afseth, fixed-income analyst at Investec Capital Markets in London, said Portugal's problem relates to its high level of debt, currently around 100 percent of gross domestic product, combined with low growth.
"There are not a lot of countries that have managed over time with that kind of debt," said Afseth. "Financial markets won't give Portugal that time, the question is if Europe will give it that time."
(Additional reporting By Andrei Khalip in Lisbon and William James in London. Editing by Jeremy Gaunt.)
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Sunday, January 22, 2012
Video: Luxury Listings: Charleston, SC
A check on the elite and historic real estate listings in Charleston, ahead of tomorrow's primary in S.C., with Helen Geer, William Means Real Estate owner/Christie's International Real Estate exclusive affiliate.
Related Links:
Business & financial news headlines from msnbc.com
Source: http://video.msnbc.msn.com/cnbc/46072148/
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Saturday, January 21, 2012
Video: Can Newt Keep His Private Life Out of Race?
Robert Costa, National Review, has the latest details on an interview by Newt's ex-wife, and discussing whether Gingrich can overcome the fallout, with Steve Forbes, Forbes Media chairman & editor-in-chief; Robert Shrum, Democratic strategist; and Tony...
Source: http://video.msnbc.msn.com/cnbc/46064196/
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Friday, January 20, 2012
Mitch Rofsky: Timing Is (Almost) Everything: Bain Capital, Open Marriages and Why There's No Such Thing as a "January Surprise"
No political candidate wants their past sins exposed. Who wants your financial or sexual gaffes (which is really too weak a word) to be headline news?
But, the old line "What doesn't kill you makes you stronger" applies here. A terrible incident (especially more than one) can kill you, of course. Herman Cain is the most recent example of the exposure being too strong.
It's the "stronger" part that doesn't get enough attention. There is a little recognized upside to these revelations. Once they are a matter of public record, the American public becomes inured to them. On Hardball, Chris Matthews may yell (redundant?) "Don't people have memories?" referring to today's events affecting the general election. Well, Chris, you can remember something, but just not care anymore.
While serving as President, Ronald Reagan was lazy? Had memory problems? Took daily naps when someone younger would have been working? Made no difference! The American people knew these things when they elected him.
Bill Clinton had an affair with Gennifer Flowers? He propositioned (also too weak a word) Paula Jones. Guess what? This saved him when Monica Lewinsky gave Clinton headlines. We knew he was a womanizer when we elected him.
There is a case to be made that a political candidate wants all of his weaknesses exposed as early as possible -- again, as long as those weaknesses won't defeat him. And it's pretty clear that Bain won't keep Romney from being the Republican nominee for president.
But isn't the Obama reelection team just salivating to take the Bain issue and run with it? Well, they shouldn't be. Timing is everything.
The 2004 John Kerry campaign best exemplifies this. The Swift Boat Veterans against Kerry hit the airwaves with their negative ads just after the Democratic Convention. It was perfect timing. Kerry went from leading President George W. Bush to trailing him -- and never caught up.
Would the ads have had the same impact in the general election if they had played in January of that year? Doubtful. Would they have prevented Kerry from getting the nomination. Doubtful again. (And then they would have been old news by August.)
This reflects the nature of any contest -- that there is a time limit, the "final gun." In the case of politics, campaigns end when people vote. Thus, each side always worries about an "October Surprise," fearing that there would not be the opportunity to change last minute impressions. Again... timing.
Now, how these attacks are handled is not irrelevant, of course. The best strategy for dealing with sexual affairs is for your wife to defend you. It's the major reason that Bill Clinton became president and David Vitter is still a Senator from Louisiana but neither Governor Eliot Spitzer nor Representative Anthony Weiner still represent New Yorkers. (We can't test whether a husband defending his wife would be equally effective as we have no such examples.)
Another effective defense is "conversion." Newt Gingrich hasn't made the most of this, but perhaps he will now that his 2nd wife is talking. Open marriage? Conversion can give you a "clean slate." It also reenforces your image with your new community of believers. (And this isn't limited to religious conversion. Reagan used his political conversion from liberal Democrat to conservative Republican very effectively to bond with his new party while still being able to speak to disaffected Democrats.)
President Obama still has an opportunity -- if his staff can come up with a new angle on the Bain story. Bain is alleged to have received federal government bailouts, perhaps on more than one occasion. If so, there is an opening to play up this angle -- if it doesn't get too exposed in the near future.
And then there are Romney's tax returns. Any doubt that there must be something politically "inconvenient" there? We're just finding out about his shelters in the Cayman Islands -- one of the worst tax avoidance ploys. Will it "kill" his candidacy? Or is it helpful to get it out early?
But as for his 2011 return, Romney is now saying that he'll release it in April. For Romney is well aware: There's no such thing as an "April Surprise," either.
?
Follow Mitch Rofsky on Twitter: www.twitter.com/@mrofsky
Source: http://www.huffingtonpost.com/mitch-rofsky/bain-capital-open-marriage_b_1217672.html
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Oxford Finance and Silicon Valley Bank Provide $15M Senior Credit ...
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Posted January 18, 2012
ALEXANDRIA, Va., -- Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced a $15 million round of debt financing for Vitae Pharmaceuticals ("Vitae"). The senior credit facility was awarded to Vitae from both Oxford and Silicon Valley Bank. The funds will be used to support the progress of Vitae's drug pipeline, which includes treatments for chronic kidney disease, diabetes, Alzheimer's disease and atherosclerosis.
"Oxford is pleased to provide funds to support Vitae's drug development programs," said Christopher A. Herr, managing director for Oxford Finance. "The company has a very promising portfolio of novel, small molecule, best-in-class compounds, and has a track record of successfully partnering with major pharmaceutical companies to further the progress of its clinical stage assets."
"Silicon Valley Bank is proud to partner with Vitae as they continue to move forward with their drug development programs," said Tom Gordon, Senior Vice President for Silicon Valley Bank. "Vitae has an exceptional management team with a solid record of success."
Vitae Chief Financial Officer, Tina Fiumenero said, "We are pleased to be working with Oxford and Silicon Valley Bank again. Their continued support of our programs is greatly appreciated. The funds provided by this round of debt financing further strengthens Vitae's financial position and provides additional financial flexibility for the Company."
About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $1.5 billion in loans, with lines of credit ranging from $500 thousand to $50 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Illinois, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.
About Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 26 U.S. offices and seven international operations. (Nasdaq: SIVB) www.svb.com.
Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Private Bank is a division of Silicon Valley Bank. SVB Financial Group is also a member of the Federal Reserve System.
About Vitae Pharmaceuticals
Vitae Pharmaceuticals is a clinical-stage biopharmaceutical company discovering and developing a portfolio of novel, small molecule, best-in-class compounds that address important disease areas, including: chronic kidney disease, diabetes, Alzheimer's disease and atherosclerosis. Vitae's lead compound, VTP-27999, is a wholly owned, novel, potent and selective renin inhibitor offering the potential for superior renal protection in patients suffering from chronic kidney disease. The compound is expected to enter Phase 2b in early 2012. Vitae is an expert in structure-based drug discovery and combines a proprietary technical platform with the experience and insight of world class scientists to advance best-in-class compounds for high value, hard-to-drug targets. Vitae's proprietary, discovery platform has clear advantages in creating and analyzing novel drug candidates that meet pre-defined physicochemical and biochemical characteristics. The accuracy and speed of this system has enabled Vitae to solve challenging targets in multiple therapeutic areas - discovering and advancing attractive compounds in a rapid and highly capital efficient manner. Vitae Pharmaceuticals is financed by leading corporate and venture capital investors; its last venture round was in 2004. Vitae's 45 scientists are located in Fort Washington, Pennsylvania. For additional information, please visit the company's website, www.vitaepharma.com, or contact Burns-McClellan.
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