Saturday, August 25, 2012

Celeb presence will be smaller this year for Dems

FILE - In this June 13, 2012 file photo, actress Eva Longoria waves to the fans during the 2012 Monte Carlo Television Festival in Monaco. Longoria will speak at the Democratic Convention. (AP Photo/Lionel Cironneau)

FILE - In this June 13, 2012 file photo, actress Eva Longoria waves to the fans during the 2012 Monte Carlo Television Festival in Monaco. Longoria will speak at the Democratic Convention. (AP Photo/Lionel Cironneau)

FILE - In this Sept. 4, 2011 file photo, Lynyrd Skynyrd performs before the NASCAR Atlanta Sprint Cup AdvoCare 500 auto race at the Atlanta Motor Speedway, in Hampton, Ga. Lynyrd Skynyrd is performing at the Republican Convention this year. (AP Photo/Mark Young)

FILE - In this Aug. 28, 2008 file photo, singer Sheryl Crow performs on the last day of the Democratic National Convention at Invesco Field in Denver. Fewer celebrities is an emerging theme for the Democratic Convention this year. (AP Photo/Charles Dharapak)

FILE - In this Aug. 27, 2088 file photo, actors Ben Affleck and Jennifer Garner are seen at the Democratic National Convention in Denver. Fewer celebrities is an emerging theme for the Democratic Convention this year. (AP Photo/Paul Sancya)

(AP) ? Four years ago, Ben Affleck was a familiar presence around the Democratic convention, packing produce for charity and even winning a poker tournament. Singer Fergie performed with her Black Eyed Peas. Sheryl Crow sang, too, with Susan Sarandon joining in from the audience.

But none of these celebrities are planning a similar trip to Charlotte this year, and that's likely true for a number of other A-listers who were in Denver as well. In terms of star wattage, this gathering will be decidedly less sparkly.

Some reasons are obvious. A re-election bid is hardly as exciting as the historic anointment of the first black nominee, on his way to becoming the first black president. And Barack Obama is no longer a rising star: He's, well, an incumbent.

Also different is the general tone of this year's campaign ? not so full of lofty thoughts about hope and change, but focused on evoking doubts about Mitt Romney. Romney is trying to do the same with Obama. "This is a campaign based on raising questions about the other candidate," says Democratic consultant Chris Lehane. "It's a whole different narrative this time."

There's also the possibility that some Hollywood celebrities have lost a measure of their enthusiasm for the candidate they warmly embraced four years ago. The most public of these has been actor Matt Damon, who as recently as last month repeated his disappointment with the president ? while adding that he was still the "clear choice."

At the same time, there's a sense that the struggling economy, the central preoccupation of most voters, has cast a pall over the celebratory nature of the conventions ? and that both campaigns need to be wary of too much partying, with or without celebrities. "Both the Democrats and the Republicans are cognizant of not looking decadent when the rest of the country is hurting," says Lehane.

Still, it can't be denied that parties ? and if they involve celebrities, as the best ones do, so much the better ? are an essential part of conventions. "They're a natural part of the process," says Michael Steele, the former RNC chairman. "I don't think anyone expects the conventioneers to show up in sackcloth. Parties celebrate the grueling process that has gotten us this far. They celebrate the nominee. And they fire up the troops."

He adds, though, that he expects the parties to be tasteful ? "not in-your-face, not ostentatious."

The Democrats in particular have made a point of saying that this convention has a different mood. They're spending significantly less than four years ago, they say, and they point out that they've limited corporate and special interest money. They also say their parties will have a more public feel.

"Instead of the exclusive, closed-door, party-insider-only events of the past, we're opening and closing the convention with public events that will allow more people than ever before to participate," says Democratic National Convention Committee spokeswoman Joanne Peters.

As for the Republicans, "I don't see any scaling back," says James Davis, communications director for the Republican National Convention in Tampa. "We've got Republicans coming from across the country, some 70-plus venues being booked for events. This is going to be really big for us. I think it shows the excitement of where our party is right now."

As usual, there will be high-profile entertainment at both conventions. The RNC announced Friday that the Mississippi band 3 Doors Down, Lynyrd Skynyrd and The Oak Ridge Boys would be among the official entertainers in Tampa. The Democrats announced that folk icon James Taylor would perform on the final night in Charlotte, before Obama accepts the nomination.

On the sidelines, the arts advocacy group Creative Coalition will present the band Journey in Tampa ? cue the perfect campaign song, "Don't Stop Believin'" ? and the B-52s in Charlotte (cue "Love Shack"?) Given the state of the economy, "I was concerned," says the coalition's CEO, Robin Bronk, of the high-profile fundraisers. "But happily we are almost sold out already. This is a celebration of the arts in America."

And the Recording Industry Association of America is presenting, along with the Auto Alliance of America and others, pop star Gavin DeGraw in Tampa and the rapper Common in Charlotte. Both shows, which will seat some 2,000 people each, benefit the charity Musicians on Call.

"We're feeling what everyone has been feeling," says Cara Duckworth, spokeswoman for the RIAA, of the economic concerns. "But this is about celebrating music. We expect to sell out."

In a way, the relative lack of high-wattage celebrity guests this year may benefit the Democrats. In 2008, the John McCain campaign tried to use Obama's considerable celebrity appeal against him, most memorably with an ad likening him to Britney Spears and Paris Hilton: i.e. all splash and no substance. Earlier this year, the pro-GOP super PAC American Crossroads put out an ad asking: "After 4 years of a celebrity president is your life any better?"

Obama's campaign did try to downplay celebrity presence in Denver, keeping it on the sidelines. But still, luminaries of the entertainment world ? from Spike Lee to Anne Hathaway to Obama's biggest booster, Oprah Winfrey ? were there in droves.

The AP called representatives of a number of celebrities who were in Denver to ask if they were coming this year. Of those who responded, all said no, except for Jessica Alba: The actress will be headlining a final-night party with her husband, Cash Warren, featuring performances by Pitbull and Scissor Sisters.

Also, Eva Longoria, a co-chair of Obama's campaign, will be speaking at the convention.

Traditionally there have been fewer celebrities at Republican conventions. Two past attendees are skipping Tampa, though, according to their representatives: former California Gov. Arnold Schwarzenegger, now back in show business, and actor Robert Downey Jr., who was at the last GOP convention, but also attended an Obama fundraiser in May at George Clooney's home.

Speaking of Clooney, many powerful Hollywood boosters of Obama simply prefer to stay away from conventions but maintain their strong support nonetheless. Like Clooney, Sarah Jessica Parker and movie mogul Harvey Weinstein, all of whom have hosted major fundraisers recently, some obviously feel they can be of greater use in other ways than hanging out in Charlotte.

And the most important thing is what happens after the convention, says Steele, who notes he worked hard when he was RNC chairman to create relationships with celebrities.

"Of course, the real goal is to have these stars then go out on the road for you in the fall," Steele says.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-08-24-Conventions-Celebrities/id-7ebc51d743ef47619acfac090897171d

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Recreation Calender - The Sports Desk

Aug. 25: Gender Defender 5K, 7 p.m. at Quantico?s Barnett Field. Cost: $35. Register at marinemarathon .com.

Aug. 25: American Legion men?s fall slo-pitch softball tournament. Guaranteed four games. Unlimited home runs. Cost: $250 per team. Information: Mike Way, 540/903-9594.

Sept. 6: Germanna Community College benefit golf tournament, 10 a.m. at Fredericksburg Country Club. Cost: $500 per foursome, $125 per individual. Information: 540/423-9060 or register at germanna.edu/edfoundation.

Sept. 9: Grace Oughton Memorial 5K run, 8:30 a.m. at Patriot Park in Spotsylvania. Cost: $25 ($30 after Aug. 19, $35 on race day) for 5K, ($10/$12/$15 for 1-mile rookie run at 9:30). Register at racetimin gunlimited.org.

Sept. 14?15: Spotsylvania YMCA men?s basketball tournament for ages 16-older. Cost: $175 per team. Information: 540/735-9622.

Sept. 15: Ladysmith Village 5K, 5:30 p.m. at Ladysmith Village. Cost: $25 (10 for kids? 1K fun run). Register online at racetimingunlimited.org.

Sept. 15: King George YMCA Youth Triathlon, 8:30 a.m. at the King George YMCA. Age divisions: 6?10 and 11?14. Cost: $30 individuals, $45 relay teams, $20 biathlon. Register online at racetimingunlimited.org.

Sept. 16: Focus on Youth 5k: Sept. 16, 9:15 a.m. at Pratt Park in Stafford. Cost: $15 for youth 18-under, $20 for adults ($25 after Aug. 29). Register online at racetimingunlimited.org.

Sept. 22: Baron ?Deuce? Braswell 5K run against teen violence, 8 a.m. at Courtland High School. Cost: $22 for adults ($25 after Sept. 8), $15 for students, $10 for 1-mile fun run. Register at racetimingunlimited.org.

Sept. 23: Margaret Brent Elementary 5K, 8 a.m. at Margaret Brent Elementary in Stafford. Cost: $20 ($25 after Sept. 10, $30 race day), $10 for 12-under fun run at 7:30. Register at racetimingunlimited .org.

Send recreation calendar items to sports@freelancestar.com.

Source: http://blogs.fredericksburg.com/sports/2012/08/23/recreation-calender-18/

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Texas judge rules in favor of Keystone pipeline progress

Lamar County Court-at-Law Judge Bill Harris ruled that TransCanada has eminent domain rights to right of way across the farm and the pipeline would be a common carrier, the L.A. Times reports.

The developer of the disputed Keystone XL oil pipeline, designed to eventually carry oil from Canadian tar sands to Texas Gulf Coast refineries, may condemn land across a Paris, Texas farm for the pipeline's right of way, a judge ruled Aug 23.

Judge Bill Harris, in Lamar County, ruled Canadian pipeline company TransCanada Corp. (NYSE: TRP) has the right to exercise the power of eminent domain to run the Keystone XL pipeline across an opposing landowner?s property, the Los Angeles Times reports.

Harris?s ruling spurred protests at the Paris County Courthouse.

The judge?s brief ruling effectively recognizes what is known as common carrier status for the Keystone XL project and allows TransCanada to proceed with acquiring an easement across ranch manager Julia Trigg Crawford?s property, the L.A. Times reports.

Harris rejected landowners? arguments that under the definition of ?common carrier,? TransCanada should have to prove in detail that the pipeline would be generally available to all oil shippers, not just a few private companies.

Opponents argue that is primarily designed to benefit the Canadian company and presents a potential environmental hazard for landowners along the route.

Shaina Zucker covers commercial and residential real estate, construction, retail and hospitality.

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Source: http://feeds.bizjournals.com/~r/bizj_national/~3/np_Ar5Uf0XY/texas-judge-rules-in-favor-of-keystone.html

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Friday, August 24, 2012

Oil slips below $115, set for fourth weekly gain

LONDON (Reuters) - Oil fell below $115 a barrel on Friday as signs of weakness in the global economy weighed on the demand outlook, although a host of supply-side concerns kept losses in check.

Crude was still heading for a fourth weekly gain because of lower exports from Iran, a drop in North Sea supply due to oilfield maintenance and the risk of weather-related disruption to Gulf of Mexico output.

Brent crude was down 45 cents at $114.56 a barrel by 1103 GMT, up about 0.8 percent on the week. U.S. crude eased 42 cents to $95.85.

"Falling equity markets and poorer economic data from the three major oil consumer regions - the United States, China and Europe - have put paid to the surge in oil prices for the time being," said Carsten Fritsch, analyst at Commerzbank.

European equities were lower on Friday, weighed by concern about the euro zone debt crisis. Reports on Thursday showed China's factory sector contracted in August and a rise in new U.S. jobless claims.

Brent's settlement on Thursday at $115.01 was just barely above $115, a technical level that has stood in the way of a further rally this week. Thursday's close was not strong enough to overcome the resistance, one chart-watcher said.

"We do not consider it enough. If the level fails again tonight then the weekly charts will reinforce the resistance status of $115.00," said Olivier Jakob, analyst at Petromatrix.

Investors are speculating about the prospect of strong monetary stimulus from the U.S. Federal Reserve. Fed Chairman Ben Bernanke and other central bank leaders meet in Jackson Hole, Wyoming, next week.

Iran and the fighting in Syria remain a focus for the market. Iran is holding talks on Friday with the U.N. nuclear watchdog about the Islamic state's atomic activities.

Iranian oil exports have plunged due to Western sanctions over the country's nuclear program, and diplomatic sources said on Thursday Iran had installed many more uranium enrichment machines in an underground bunker.

Oil traders are also keeping an eye on Tropical Storm Isaac in the Atlantic for any risk it may threaten U.S. energy supplies in the Gulf of Mexico.

Analysts at Weather Insight, a Thomson Reuters company, gave Isaac a 50 percent chance of moving into the heart of the oil and gas producing region. Another storm, Joyce, has weakened to a depression.

(Reporting by Alex Lawler, and Ramya Venugopal and Wang Tao in Singapore; Editing by Anthony Barker)

Source: http://news.yahoo.com/brent-slips-below-115-economic-gloom-worsens-033908079--finance.html

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Contemporary Church Architecture vs. Toothpaste, Using Knowledge Charitably and Wisefully, and More!

Tito Edwards of Big Pulpit

Contemporary Church Architecture vs. Toothpaste ? Fr. Matthew Bartulica, Pray the Mass

St. Bernard on Using Knowledge as Charity and Wisdom ? Etheldreda?s Place

What is Casual Catholicism? Its Symptoms and Five Cures by The Idler of the Ascending Mount Carmel blog ? Big ?ulpit

On Natural Law ? Fr. James V. Schall SJ, The Catholic Thing

Avoiding Burnout, Rediscovering the Sabbath ? Robert Waruszewski, Ignitum Today

Wisdom is a Gift ? Matthew Heinrich, In and Out of the Ditch

Natural Law and Unnatural Acts ? David L. Alexander, Man With Black Hat

St. Martin of Tours, Louisville, Kentucky ? Shawn Tribe, New Liturgical Movement

It Is Not Dishonorable to be Honorable - Paul Zummo, The American Catholic

Rider of the Spaceways, The Silver Surfer ? Beauty in Education

St. Pius X, Pope ? Editor, Catholic Lane

Paul Ryan and Government Pelagianism ? Andrew Sciba, Truth & Charity

The Left, the Right, and Catholicism ? James Kalb, Crisis Magazine

My Favorite ?Friendly? Atheist Who Believed in Hell ? Frank Weathers, Patheos/Why I Am Catholic

Scary Parallels Between Our World and that of St. John Fisher ? Francis Phillips, Catholic Herald

For the latest on the best punditry, analysis, and news in the Catholic blogosphere click on Big ?ulpit.

Source: http://feedproxy.google.com/~r/NCRegisterDailyBlog/~3/2vK4BWJ5pqQ/contemporary-church-architecture-vs.-toothpaste-using-knowledge-charitably

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Gold, Silver, Select ETFs and Options for Fiscal Cliff | Martin D ...

CLICK HERE TO JOIN THE DISCUSSION

The vast majority of our readers ? a whopping 75% ? believe that the fallout from the fiscal cliff will be WORSE than the "Great Recession" of 2007-2009.

70% say unemployment will jump at least 50%; more than 70% say the average S&P 500 stock will lose at least 57% of its value.

And a staggering 80% say they?re counting on crisis investments ? gold, silver, select ETFs, and options ? to protect and grow their wealth as this great crisis unfolds!

Republican Senator Orrin Hatch says ?

"You can call this a fiscal cliff. You can call it Taxmageddon as others have done.

"Whatever you call it, it will be a disaster for the middle class. And it will be a disaster for the small businesses that will be the engine of our economic recovery."

Democrat Laura Tyson, former economic advisor to President Bill Clinton ? says,

"? we could throw ourselves over a cliff by our unwillingness to deal with long-run problems."

Fed Chairman Benjamin Bernanke writes ?

"? the size of the fiscal cliff is such that there?s I think absolutely no chance that the Federal Reserve ? could or would have any ability whatsoever to offset ? that effect on the economy."

And thousands of our readers definitely agree!

In our poll ? America on the Brink: The Great Fiscal Cliff of 2012-2013 ? 59% say that the best investments now are gold and silver.

Another 21% are using inverse ETFs ? investments that soar when stocks sink ? to go for huge gains as America plunges over the brink ?

And an additional 7% are using put options ? investments that can generate gains of up to $100 for every $1 decline in stock prices ? to harness the power of this great crisis.

Other preferences run the gamut ? from dividend paying stocks ? to growth stocks ? from oil stocks ? to consumer staples ? and from foreign stocks ? to currencies.

Several of our readers say they?re investing in farmland and preparing to live off the grid.

One reader?s only solution is a quite simple one: "Prayer," he says.

Plus, my personal blog is positively buzzing
with ideas on how to get through this crisis ?

Joe M. says, "I am currently buying pre-1965 silver ?junk? coins which can be used at over 7 times face value to buy essentials ? more as silver goes up.

"I am also putting money in AAA currencies such as Singapore and the non-Euro Nordic countries.

"My investments are in strong dividend paying companies in sectors like pharma and basic things people will always buy like alcohol and cigarettes. I will use inverse ETFs to ride down the S&P.

"How far will it fall? God only knows!"

Jake K. writes, "I expect that our retirement and savings for kids will go up in smoke except for investments in hard commodities!"

Rick is avoiding the stock market like the plague: "I am 56 years old, and I have never experienced anything close to what I believe we are about to encounter. I live in a rural community in Nebraska and am thankful for that.

"I am so distrusting of the market and all the manipulation involved, that I would rather invest in small businesses in our area."

We?re about to give you
a complimentary emergency briefing
to help you get through this crisis.

But before we do, I need you
to do two things for me:

1. SHARE YOUR VIEWS WITH US: If you haven?t done so already, click the link in your email to visit our special investor survey ? America on the Brink: The Great Fiscal Cliff of 2012-13 ? and give us your answers to six multiple-choice questions.

It?s easy, intriguing, and takes literally seconds. Then, when we receive your answers, we will automatically reserve a place for you at our upcoming Emergency Briefing.

2. JOIN THE DISCUSSION: After you?ve shared your thoughts in our survey, just click this link to join your fellow investors and me for a no-holds-barred discussion of this crisis.

Today?s Question of the Day:

How do YOU plan to avoid losses and to grow your wealth as America plunges off of this great fiscal cliff?

Share your thoughts with us ? plus your ideas for preserving wealth and your ideas for leveraging this crisis to go for substantial profits.

Good luck and God bless!

Martin

Source: http://blogs.moneyandmarkets.com/martin-weiss/gold-silver-select-etfs-and-options-for-fiscal-cliff/1015

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Thursday, August 23, 2012

AdWatch: New Romney ad criticizes Obamacare

(AP) ? TITLE: "Nothing's Free"

LENGTH: 30 Seconds

AIRING: The Mitt Romney campaign would not disclose where the ad is airing.

KEY IMAGES: "Some think Obamacare is the same as free health care, but nothing is free," a male narrator says as a graphic of two pills forming an "equals" sign between the words "Obamacare" and "Free Health Care" fills the screen.

"Obama is raiding $716 billion from Medicare, changing the program forever, taxing wheelchairs and pacemakers, raising taxes on families making less than $120,000," a narrator says as a shot of an empty wheelchair and an aerial view of a suburban neighborhood appear on the screen.

"Free health care comes at a very high price," says the narrator. "The Romney-Ryan plan will restore Medicare funding and protect and strengthen the program for the next generation."

ANALYSIS: The ad oversimplifies President Barack Obama's health care plan and Medicare, two big government programs that have emerged as key issues in the presidential race. Medicare in particular, a popular program serving nearly 50 million seniors and disabled people, has become a flashpoint since Romney named Paul Ryan, a Wisconsin congressman and chairman of the House Budget Committee, as his running mate.

The ad first asserts that "some" people think Obamacare is the same as free care, but doesn't bother to say who that might be.

It then criticizes Obama for "raiding" money from Medicare to pay for the new expansion of health care coverage that is his signature achievement.

Both Romney and Obama are seeking to stoke fears among older voters about each other's proposed Medicare changes, each charging the other would gut the program.

In swing states that have large elderly populations such as Florida, Iowa and Pennsylvania, Medicare could be a key issue this fall. Retirees have often resisted changing the program.

The GOP ticket has also targeted Obama's health care plan, which includes reductions in Medicare spending of $700 billion over 10 years. What Romney's ad doesn't mention is that those cuts come from payments to health care providers, not from benefits to seniors. The ad also fails to note that the budget plan Ryan wrote included the same cut.

In turn, the Obama campaign has hammered away at Ryan's plan to shift future retirees into a system dominated by private insurance plans.

Democrats and Republicans alike have taken advantage of peculiar federal accounting rules that, on paper, allow Medicare savings spent for another purpose to also be credited to the program's trust fund for inpatient care. Obama's health care law used Medicare cuts to pay for covering the uninsured. The Ryan budgets passed by the House kept those cuts and applied them to reducing the federal deficit.

The ad's claim that Obama's health care law taxes wheelchairs is questionable.

The tax actually applies to medical device makers, not consumers directly. It helps pay for the health care overhaul's expansion of health care coverage to 30 million Americans. The tax is aimed at U.S. sales of medical devices used chiefly by doctors and hospitals, such as pacemakers and CT scan machines. Exempted are consumer items like eyeglasses and kits for many blood tests that people can perform on themselves, as well as other medical devices yet to be specified.

The Obama administration says old-fashioned wheelchairs and the newer powered ones will also be exempt from the tax under proposed regulations being finalized by the IRS.

The ad's claim that Obama's plan raises taxes on families making less than $120,000 lacks important background.

Starting in 2014, Obama's law requires most Americans to carry health insurance either through an employer, a government program or by purchasing their own policy. There are exemptions for financial hardship, religious beliefs or membership in American Indian tribes.

The penalties will be collected by the Internal Revenue Service through tax returns, but the IRS will not have the authority to bring criminal charges or file liens against those who don't pay.

About 3 million of those who could be required to pay fines in 2016 will have incomes below $59,000 for individuals and $120,000 for families of four, according to Congressional Budget Office projections.

The penalties will be phased in starting in 2014. By 2016, those who must get insurance but don't will be fined $695 or 2.5 percent of their household income, whichever is greater.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-08-23-Romney-AdWatch/id-e5654a32bb944b00be8d5ea44e054a0d

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