Sunday, March 31, 2013

Frontier Airlines To Suspend Trenton Flights Due To Runway Work

EWING, N.J. (AP) ? Frontier Airlines will suspend all flights at Trenton-Mercer Airport this fall while runway work is completed.

The airline announced Friday that the gap in service will last from Sept. 9 through Nov. 7.

During that time, the airport will upgrade its main runway with safety enhancements mandated by the Federal Aviation Administration.

Frontier recently announced that the planned shutdown of Trenton-Mercer Airport's air traffic control tower due to federal budget cuts won't affect service.

The airline is scheduled to begin service to Atlanta, Chicago-Midway, Columbus, Ohio, Detroit and Raleigh, N.C. next month. Frontier already flies between Trenton-Mercer and New Orleans, Fort Myers, Fort Lauderdale, Orlando and Tampa, Fla.

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Source: http://www.huffingtonpost.com/2013/03/30/frontier-airlines-trenton-flights_n_2980733.html

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Is Sonianomics An 'Occult' Form Of Economics? - india news network

INDIA NEWS NETWORK: Is Sonianomics An ?Occult? Form Of Economics?

Is Sonianomics An ?Occult? Form Of Economics?

Instead of economics, are Congress president Sonia Gandhi?s pet welfare schemes drawn from the occult?

In an Indian Express column that evaluates 15 years of Sonia Gandhi?s leadership, Chairman of Oxus Investments Surjit S Bhalla says that the Congress chief?s economic policies, which were aimed at helping the poor, but ended up hurting them the most, defy ?pure reason? and dubs them ?occult economics?.

Her policies have their origin in the creation of the Congress in 1885 by the Theosophical Society, an occultist movement, he says.

?Sonia UPA?s alchemy raised procurement prices of food grains beyond reason, helped a few rich farmers (say 20 million) and massively hurt ten times as many landless agricultural workers. And by generating super-inflation for four years, transformed the Indian economy beyond recognition,? says Bhalla.

Bhalla also analyses the economics of MGNREGA, a UPA pet scheme aimed at giving employment to the rural poor.

According to Bhalla, as per the NSS data of 2009-10, of the Rs 1,70,000 crore spent on MGNREGA, only a fifth reached the intended beneficiaries. In other words, about Rs 1,40,000 crore went to the non-poor. The scheme has helped nothing but corruption, says Bhalla.

Another example of ?occult economics? is the 2013-14 budget, in which the government aims at 13 percent GDP growth and 16 percent expenditure growth, which is to be financed with a 19 percent growth in tax revenue.

A third example of this brand of economics is the Food Security Bill, which is slated to be presented in the current Budget session of Parliament. The bill seeks to provide subsidised food grains to 67 percent of the country?s population.

According to a recent report in The Hindu, the bill would burden the government with a subsidy bill of about Rs 1.35 lakh crore.

Such economic policies have already halved the GDP growth, doubled inflation, depreciated the rupee by 20 percent and widened the current account deficit to 6.7 percent of GDP.

For the country to come out of the economic rot, Sonia has to change her occult spots by resorting to economic reforms, the Bhalla says. Otherwise, the Congress?and with it the country?will perish.

Source: http://hyd-news.blogspot.com/2013/03/is-sonianomics-occult-form-of-economics.html

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House Speaker admonishes fellow Republican for immigrant slur (reuters)

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Authorities: $600M scheme incubated in NC town

LEXINGTON, N.C. (AP) ? In the hardware store on South Main Street, the owner pulled Caron Myers aside to tell her about the best thing to happen in years to this once-thriving furniture and textile town.

Did she hear about the online company ZeekRewards? For a small investment, she could make a fortune. He had invested. So had his grandsons. And so were more and more people in Lexington, including doctors, lawyers and accountants.

Skeptical at first, Myers drove a few blocks to the company's one-story, red-brick office and spotted a line of people circling the building. She was sold, and plunked down several thousand dollars. But months later, Myers, like hundreds of thousands of others, discovered the truth: ZeekRewards was a scam.

"I was duped," Meyer said. "We trusted this man. The community is still in shock."

Authorities say owner Paul Burks was the mastermind of a $600 million Ponzi scheme ? one of the biggest in U.S. history ? that attracted 1 million investors, including nearly 50,000 in North Carolina. Many were recruited by friends and family in Lexington, a quintessential small town where neighbors look out for each other.

But what investors didn't know was that regulators had received nearly a dozen complaints about ZeekRewards and the related site Zeekler.com, but failed to take action for months, leaving the company free to recruit tens of thousands of new victims.

The Securities and Exchange Commission, which closed the operation Aug. 17, said Burks was selling securities without a license. The Ponzi scheme was using money from new investors to pay the earlier ones.

Burks has agreed to pay a $4 million penalty and cooperate with a federal court-appointed receiver trying to recover hundreds of millions of dollars.

Investigators say Burks, a former nursing home magician, siphoned millions for his personal use. But he has not been charged.

In his first public comments, Burks told The Associated Press he couldn't discuss details because of lawsuits by victims trying to recoup money.

"Everything will come out in time," said Burks, 66, standing in the doorway of his home.

Asked if he had anything to say to victims, he shook his head.

"I never told anyone to invest more money than they could afford," Burks snapped. "I didn't tell them to do that. Never."

He said if they lost money, "it's their fault. Not mine. Don't blame me."

But Cal Cunningham, a former prosecutor representing investors in a lawsuit, slammed Burks ? and regulators for taking so long to act.

"It's why we need a full hearing on what happened in a court of law ? whether that be our civil case or a criminal proceeding. A lot of people were hurt," he said.

____

Burks started Zeekler in early 2010 as an online penny auction site. His business experience included nearly four decades in multilevel marketing programs ? such as Amway ? including failed attempts to launch similar businesses of his own.

In penny auctions, consumers compete to pay pennies on the dollar for name brand products such as iPads. Each bid costs as much as $1, so participating can become expensive and the sites can earn nice profits when multiple users bid against each other.

In January 2011, he incorporated aspects of multilevel marketing into the business when he launched ZeekRewards. The program offered a share of the penny auction's profits to people who invested money, promoted the company on other websites and recruited other participants. Under a complicated formula, investors were issued "profit points" that grew every day.

Investments were capped at $10,000, but people could invest on behalf of their spouses, children or other relatives. Some mortgaged homes to raise their investment.

At first, ZeekRewards complied when investors sought to cash out. And that became the best ad of all: happy investors with their checks in Facebook photos.

People who didn't trust the mail traveled long distances to drop off checks at the cramped office building where security guards allowed only seven inside at a time. Employees collected money and wrote out receipts at the office cluttered with dozens of plastic mail bins stuffed with check-filled envelopes. To withdraw money, investors filed an online request ? or called ? and then had to wait for a check.

By the end of 2011, it seemed like everybody in Lexington was talking about ZeekRewards. Many saw it as a way to make extra cash to pay bills or help family.

"No one was in it to get rich," said Mary Bell, a 75-year-old seamstress from Lexington who scraped together money to invest.

Sarah Chavez wanted extra money for her daughter's frequent hospital visits for leukemia. Her husband worked in a factory, and they invested $7,000.

"It's hard to believe in something like that. But everyone told us it was a sure thing," she said.

Burks mostly kept to himself, and few locals knew anything about the quiet, balding man with thick glasses.

In the 1980s and early 1990s, the Shreveport, La., native toured nursing homes in the South as a magician with country singer David Houston. Burks moved to Lexington in the early 1990s because his wife was from the area.

In 2000, Burks ran for the state House as a Libertarian, but he collected only 330 votes.

Then he became a local celebrity.

Most afternoons, he ate lunch at the same downtown restaurant with an entourage of managers. Conference calls with investors were posted on YouTube. He produced glossy brochures touting the company.

"In addition to the mind-blowing savings, you can create more wealth than you have ever thought possible with ZeekRewards' geometrically progressive matric compensation plan," the brochure said.

Burks also hired some of the industry's top attorneys and analysts to promote his company.

The publicity paid off. When the Association of Network Marketing Professionals held its annual convention in March 2012, it called ZeekRewards the model of legal compliance.

___

But behind the scenes, there were troubling signs, according to documents, company emails and consumer complaints reviewed by the AP.

In early June, the state of Montana gave ZeekRewards the boot. Montana requires multilevel marketing companies to register. But ZeekRewards didn't submit any paperwork ? even after warnings, said Luke Hamilton, a spokesman for the attorney general's office.

"We started getting a lot of complaints," he said.

In August, a North Carolina employees' credit union warned customers not to invest in ZeekRewards because it was a "fraudulent company."

But regulators received complaints long before then.

In a Nov. 23, 2011, complaint filed with the North Carolina Attorney General's office, Wayne Tidderington of Florida called ZeekRewards an "illegal" Ponzi scheme. He said a relative had invested $8,000 and the company guaranteed a return of 125 percent every 90 days.

The attorney general's office can ask a judge to shut down a business because of deceptive trade practices. But it forwarded Tidderington's complaint to the secretary of state's office because it looked like it might involve securities. The secretary of state's office, however, declined to take action because it didn't believe it had the jurisdiction, spokeswoman Liz Proctor said.

The complaint died.

"I put it all together," Tidderington told the AP. "I gave them the roadmap. I said, 'Here's a snake. Here's the gun. Here's the bullets. Shoot the snake.' But they ignored me."

Over the next seven months, the attorney general's office received nearly a dozen more complaints.

But it wasn't until July 6 that it issued an order giving Burks until the end of the month to turn over all Zeek-related documents. He missed that deadline.

Kevin Anderson, senior deputy attorney general for consumer protection, insisted his agency correctly handled the case, saying his office receives thousands of complaints a year.

"We have to have more concrete evidence than a couple of consumer complaints before we go to court," he said.

The SEC received similar complaints during the same period, but the agency didn't begin its investigation until the summer.

SEC spokeswoman Christine D'Amico declined to comment on the investigation, except to say the agency took action "as soon as we believed we had sufficient evidence to obtain an emergency court order to halt the fraud."

___

Months later, people in Lexington are wondering what's next.

Kenneth Bell, the court-appointed receiver, said ZeekRewards may have taken in $800 million. So far, he's recovered $312 million. Hundreds of millions were paid out to investors. Just how much is missing? He doesn't know.

Myers said the community is still recovering ? but the wounds are deep. People are wondering why investigators didn't act more quickly and why no one, including Burks, has been charged.

"There are thousands and thousands of victims who might not have lost a penny had the government intervened more quickly," she said.

Source: http://news.yahoo.com/authorities-600m-scheme-incubated-nc-town-135809168.html

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Judge: Jolie didn't plagiarize 'Blood and Honey'

LOS ANGELES (AP) ? A federal judge says actress Angelina Jolie didn't steal the story for her movie "In the Land of Blood and Honey" from a Croatian author.

City News Service reports Friday's tentative ruling in Los Angeles will throw out the suit accusing Jolie of copyright infringement.

In 2011, author James Braddock sued Jolie and the film company that made the film, saying it was partly based on his book "The Soul Shattering."

U.S. District Judge Dolly M. Gee wrote in a tentative ruling that the plots, characters and themes in the two works were not "substantially" similar, though both centered on war romances.

Jolie wrote, directed and co-produced the film.

Braddock has been ordered to tell the court why his complaint should not be dismissed with prejudice.

Source: http://news.yahoo.com/judge-jolie-didnt-plagiarize-blood-honey-010625344.html

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Friday, March 29, 2013

10 Things to See: A week of top AP photos

AP10ThingsToSee - A Bangladeshi Hindu child with his face smeared in colors participates in Holi festival celebrations in Dhaka, Bangladesh, Thursday, March 28, 2013. (AP Photo/A.M. Ahad, File)

AP10ThingsToSee - A Bangladeshi Hindu child with his face smeared in colors participates in Holi festival celebrations in Dhaka, Bangladesh, Thursday, March 28, 2013. (AP Photo/A.M. Ahad, File)

AP10ThingsToSee - U.S. President Barack Obama stops to look at the Treasury during his tour of the ancient city of Petra in Jordan, Saturday, March 23, 2013. (AP Photo/Pablo Martinez Monsivais, File)

AP10ThingsToSee - An aerial photo shows a landslide near Coupeville, Wash., on Whidbey Island, Wednesday, March 27, 2013. The slide severely damaged one home and isolated or threatened more than 30 on the island, about 50 miles north of Seattle in Puget Sound. No one was reported injured in the slide, which happened at about 4 a.m. Wednesday. (AP Photo/Ted S. Warren, File)

AP10ThingsToSee - A Yemeni suspected of being an al-Qaida militant listens to a judge from inside a cage during his hearing at a state security court in Sanaa, Yemen, Tuesday, March, 26, 2013. (AP Photo/Hani Mohammed, File)

AP10ThingsToSee - Egyptian protesters drag a wounded Muslim Brotherhood supporter during clashes between supporters and opponents of Egypt?s powerful Muslim Brotherhood near the Islamist group?s headquarters in Cairo, Egypt, Friday, March 22, 2013. (AP Photo/Khalil Hamra, File)

Here's your look at highlights from the weekly AP photo report, a gallery featuring a mix of front-page photography, the odd image you might have missed and lasting moments our editors think you should see.

This week's collection includes an injured Muslim Brotherhood supporter being dragged by protesters in Egypt, a massive landslide in Washington state, penitents marching in robes during Holy Week processions in Spain and a look inside a locker room during March Madness.

___

This gallery contains images published March 21, 2013 - March 28, 2013.

Follow AP photographers on Twitter: http://apne.ws/VyAhxg

___

See other recent AP photo galleries:

Cities go dark for Earth Hour: http://apne.ws/16k8gwR

Images from Holy Week around the world: http://apne.ws/XeENUN

Images from the Hindu festival of Holi: http://apne.ws/ZrhqBE

Haiti splashes slum with psychedelic colors: http://apne.ws/XeEPMh

East Coast endures another blast of winter: http://apne.ws/YIjxrC

March Madness gets into full swing: http://apne.ws/Zrhq4y

___

AP10ThingsToSee Week 1: http://apne.ws/ZWiCOl

AP10ThingsToSee Week 2: http://apne.ws/ZWiJt0

AP10ThingsToSee Week 3: http://apne.ws/10USsze

___

Follow AP Images on Twitter: https://twitter.com/AP_Images

Visit AP Images online: http://www.apimages.com

___

This gallery is curated by news producer Caleb Jones in New York: https://twitter.com/CalebNews

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-03-28-10%20Things%20To%20See/id-2d83d4512cad4ae893e73456ea77ab59

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Scooter ads face scrutiny from gov't., doctors

This undated screenshot shows a frame grab from a Hoveround commercial. Members of Congress say the ads by The Scooter Store and Hoveround have lead to hundreds of millions of dollars in unnecessary spending by Medicare, which is only supposed to pay for scooters when seniors are unable to use a cane, walker or regular wheelchair. Government inspectors say up to 80 percent of the scooters and power wheelchairs Medicare buys go to people who don't meet the requirements. And doctors say more than money is at stake: Seniors who use scooters unnecessarily can become sedentary, which can exacerbate obesity and other disorders.(AP Photo/Hoveround)

This undated screenshot shows a frame grab from a Hoveround commercial. Members of Congress say the ads by The Scooter Store and Hoveround have lead to hundreds of millions of dollars in unnecessary spending by Medicare, which is only supposed to pay for scooters when seniors are unable to use a cane, walker or regular wheelchair. Government inspectors say up to 80 percent of the scooters and power wheelchairs Medicare buys go to people who don't meet the requirements. And doctors say more than money is at stake: Seniors who use scooters unnecessarily can become sedentary, which can exacerbate obesity and other disorders.(AP Photo/Hoveround)

(AP) ? TV ads show smiling seniors enjoying an "active" lifestyle on a motorized scooter, taking in the sights at the Grand Canyon, fishing on a pier and high-fiving their grandchildren at a baseball game.

The commercials, which promise freedom and independence to people with limited mobility, have driven the nearly $1 billion U.S. market for power wheelchairs and scooters. But the spots by the industry's two leading companies, The Scooter Store and Hoveround, also have drawn scrutiny from doctors and lawmakers who say the ads make seniors think they need a scooter to get around when many don't.

Members of Congress say the ads lead to hundreds of millions of dollars in unnecessary spending by Medicare, which is only supposed to pay for scooters as a medical necessity when seniors are unable to use a cane, walker or regular wheelchair. Government inspectors say up to 80 percent of the scooters and power wheelchairs Medicare buys go to people who don't meet the requirements. And doctors say more than money is at stake: Seniors who use scooters unnecessarily can become sedentary, which can exacerbate obesity and other disorders.

"Patients have been brainwashed by The Scooter Store," says Dr. Barbara Messinger-Rapport, director of geriatric medicine at the Cleveland Clinic. "What they're implying is that you can use these scooters to leave the house, to socialize, to get to bingo."

The scooter controversy, which has escalated with a raid by federal authorities on The Scooter's Store's New Braunfels, Texas, headquarters last month, underscores the influence TV ads can have on medical decisions. Like their peers in the drug industry, scooter companies say direct-to-consumer advertising educates patients about their medical options. But critics argue that the scooter spots are little more than sales pitches that cause patients to pressure doctors to prescribe unnecessary equipment.

The Scooter Store and Hoveround, both privately held companies that together make up about 70 percent of the U.S. market for scooters, spent more than $180 million on TV, radio and print advertising in 2011, up 20 percent from 2008, according to advertising tracker Kantar Media. Their ads often include language that the scooters can be paid for by Medicare or other insurance: "Nine out of ten people got them for little or no cost," states one Hoveround ad.

Hoveround did not respond to a half-dozen requests for comment. The Scooter Store, the nation's biggest seller of scooters, said that most people who contact the company after seeing the ads do not ultimately receive a scooter.

"The fact that 87 percent of the persons who seek power mobility products from The Scooter Store under their Medicare benefits are disqualified by the company's screening process is powerful evidence of the company's commitment to ensuring that only legitimate claims are submitted to Medicare," the company said in a statement. The Scooter Store has been operating with a streamlined staff in recent days, following massive layoffs in the wake of the raid by federal agents.

Insurance executives say doctors who don't understand when Medicare is supposed to pay for scooters are partly to blame for unnecessary purchases.

Scooters ? which are larger than power wheelchairs and often include a handlebar for steering ? are covered by Medicare if they are prescribed by a doctor who has completed an evaluation showing that a patient is unable to function at home without a device.

The doctor fills out a lengthy prescription form and sends it to a scooter supplier that delivers the device to the patient and then submits the paperwork to Medicare for payment. Medicare pays about 80 percent of that cost, which can range from $1,500 to $3,500. The remainder is often picked up by supplemental insurance or the government-funded Medicaid program for low-income and disabled Americans.

The process can help immobile seniors get equipment that improves their lives. Ernest Tornabell of Boynton Beach, Fla., received a scooter from Pride, a smaller manufacturer, through Medicare about six years ago. Tornabell, 73, suffers from obesity, diabetes and lung disease and says he used to never leave his house. Now, using the scooter he can walk his dog, go to the grocery store and run other errands.

"I couldn't really get out and do anything before. Now I have a lot more mobility," said Tornabell, whose doctor recommended that he get the device.

But Dr. Stephen Peake, medical director for the insurer Blue Cross Blue Shield in Tennessee, says doctors can often be as uninformed about the appropriate role of scooters as patients.

"I talk to a lot of physicians about this subject ... and after our discussions, they don't understand that you can't get a power mobility device so mom can go to the park with the family," Peake said in testimony before the Senate Committee on Aging last year.

One reason for the confusion? Doctors say scooter companies are just as aggressive with health professionals as they are in marketing to their patients.

Dr. Jerome Epplin of Litchfield, Ill., who also testified before the Senate, estimates that only about one of every 10 patients who ask him for a scooter actually needs one. But he said that sales representatives from some scooter companies put pressure on him by accompanying patients to his office. The effect is coercive, he says.

"It can be intimidating," Epplin says. "I see it as an inappropriate attempt to influence my clinical judgment when I'm evaluating a patient."

Allegations of Medicare fraud within the industry go back nearly a decade.

In 2005, the U.S. Justice Department sued The Scooter Store, alleging that its advertising enticed seniors to obtain power scooters paid for by Medicare, and the company then sold patients more expensive scooters that they did not want or need. The Scooter Store settled that case in 2007 for $4 million.

As part of the settlement, The Scooter Store was operating under an agreement that made the company subject to periodic government reviews between 2007 and last year. In 2011, the latest review available, government auditors estimated that The Scooter Store received between $47 million and $88 million in improper payments for scooters.

The Scooter Store took no action to repay the money until February 2012, when the Health and Human Services' inspector general threatened to bar the company from doing business with Medicare, which accounts for about 75 percent of its revenue, according to its congressional testimony.

The company said the government's estimate was flawed and that it was willing to repay $19.5 million in overpayments. The company has paid about $5.7 million. The rest is scheduled for repayment by 2017.

Medicare said in a January letter that it accepted the fee based on The Scooter Store's own assessment of what it owed, but that the agreement "does not absolve The Scooter Store from any further liability."

In recent months, Sen. Richard Blumenthal, D-Conn., and other members of the Senate Aging Committee have pushed Medicare to recover the millions of dollars spent on unnecessary scooters each year. Those purchases totaled about $500 million in 2011, the latest year available, according to a report by the Department of Health and Human Services' inspector general.

Medicare, which says that it does not have control over how companies market the scooters, launched a pilot program designed to reduce wasteful spending on scooters.

Under the program, government contractors in seven states review patients' medical documentation to make sure they need a wheelchair or scooter before approving payments for a device. The program is being tested in a small number of states ? including Florida, California and New York ? because the government must pay contractors extra to review additional paperwork.

The program has been criticized by The Scooter Store's executives, who say that contractors are too strict in their reviews, rejecting payments for power chairs that are genuinely needed.

The reduced payments are hurting the company, which was founded in 1991. The Scooter Store has spent nearly $1 million lobbying Congress over the last two years, almost exclusively focused on the Medicare review program. And the company laid off about 370 employees in the past year, blaming the reduced payments it's been getting from Medicare.

Then, last week, The Scooter Store notified most of its remaining 1,800 employees that their jobs were being eliminated. The company said in a statement to the Associated Press that it is operating with a workforce of 300 employees ? down from the 2,500 workforce it had at its peak ? while trying to restructure its operations.

The mass layoffs followed a raid in February by about 150 agents from the FBI, the Department of Justice and the Texas attorney general's Medicaid fraud unit. Authorities searched the company's headquarters.

Federal authorities have declined to speak about the raid, but scooter industry critics in Congress praised the action.

"This raid is a welcome step toward cracking down on waste and fraud in Medicare," said Blumenthal, the Connecticut senator. "I have urged action to stop abusive overpayments for such devices ? costing taxpayers hundreds of millions of dollars and preying on seniors with deceptive sales pitches."

____

AP writer Juan Lozano contributed to this report from Houston.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-03-28-Power%20Scooters-Fraud/id-37007894df3b4d0ba2590b208c63be50

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Microsoft reportedly selling its MediaRoom IPTV unit to Ericsson

Microsoft reportedly selling its MediaRoom IPTV unit to Ericsson

It's not been a great few years for Ericsson, but the company is looking to cheer itself up by bidding for one of Microsoft's cast-offs. According to Bloomberg's usual cabal of persons familiar with the matter, the beleaguered networking giant is gunning for Redmond's MediaRoom IPTV Unit. As Microsoft's home entertainment ambitions now center around the Xbox, MediaRoom, which powers AT&T's U-Verse, is deemed surplus to requirements. Spokespeople for both companies declined to comment, but we're left wondering whatever happened to Microsoft's grand plans for Project Orapa (sic).

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Source: Bloomberg

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Thursday, March 28, 2013

KFA plane lessors miffed with govt, raise lease costs | Firstpost

New Delhi: India has no bankruptcy law to speak of and therefore lenders and Government departments resort to underhand tactics to recover their dues from large companies which go bankrupt.

The latest case where this has happened is Kingfisher Airlines. Eager to get their dues, airport operators and tax departments are twisting the knife into Kingfisher but there is a catch: instead of the airline, these people have ended up upsetting aircraft lessors. Aircraft lessors, or companies which lease out aircraft globally to airlines for a fee, have been suffering interminably in taking back their aircraft leased to Kingfisher.

AFP

In fact, AAI went as far as barring lessors from taking possession of aircraft parked across airports. AFP

Lessors are bitter with Indian authorities because even though Kingfisher stopped operations in October 2012 and has not operated a single flight since then, Indian airport operator Airports Authority of India (AAI), service tax and other Government departments have not helped lessors repossess planes.

In fact, AAI went as far as barring lessors from taking possession of aircraft parked across airports such as Delhi and Mumbai, saying it was owed Rs 290 crore by Kingfisher and these aircraft were collateral against payment of dues by the airline. The tax authorities are also reluctant to let lessors repossess aircraft since this leaves them with precious little collateral to recover dues.

Aghast at this turn of events, some lessors have begun to either refuse leasing more aircraft to other Indian airlines or have raised the lease rentals exorbitantly.

Still others have even begun asking for more advance rentals than ever before. Earlier, there were suggestions in some quarters that India?s tax authorities could introduce additional charges to lessors in order to reclaim some of the taxes owed by Kingfisher. This could be a double whammy for lessors, who are already? accumulating monthly losses because they cannot commit on re-renting the aircraft to another customer. All in all, this is a potentially dangerous scenario for airlines which largely depend on a lease and buyback programme to operate aircraft fleet worldwide, as also in India.

World over, signatories to something called the Cape Town Convention (India is a signatory too) are bound to release aircraft to lessors. This means Indian authorities have been blatantly violating the Cape Town Convention in letting rogues like AAI and other departments to hold back aircraft which are the property of lessors.

Earlier this week, the Government earned itself some saving grace when aviation regulator DGCA allowed 17 Kingfisher aircraft to be deregistered, which means they can now be repossessed by the lessors. But this decision is still too little, too late and there could be other interested parties ? like the service tax department which is owed huge sums by Kingfisher ? which may eventually not permit the aircraft to be repossessed by lessors.

Civil Aviation Secretary K N Shrivastava had confirmed on Tuesday that 17 Kingfisher aircraft had been deregistered after consultations with all stakeholders but 12 others were not. ?These 12 aircraft are part financed by Kingfisher itself and are shown on the airline?s books as assets. The service tax department has attached these aircraft??we need to settle this issue after talks with all concerned parties?.

He had also said that on six other aircraft of Kingfisher, there were no claims by lessors. To a question on how AAI will now recover its dues from Kingfisher, Shrivastava said ?AAI cannot use these aircraft as an interim tool to get their dues. It will have to find other ways of recovery. We are signatories to the Cape Town Convention and cannot hold back aircraft?.

Aviation consultancy CAPA?s Kapil Kaul said it?s good that 17 aircraft were deregistered but ?it doesn?t explain the rationale behind the delay. Why did it take 7-8 months to deregister these aircraft?? Kaul said, CAPA expects total compliance to the Cape Town Convention and there must be a clearly written CAR (Civil Aviation Requirement or rules which govern aviation in India) which allows for quick and decisive action on deregistration of aircraft as and when required. The Ministry of Civil Aviation has said it is in the process of framing this CAR but has not given any timeline.

In a report this morning, CAPA notes that lessors which have exposure to Kingfisher Airlines include International Lease Finance Corporation (ILFC), German Bank DVB, AWAS, BOC Aviation, Dubai Aerospace, Kf Turbo Leasing, TP Leasing (Cayman) and Turbo 72-500 Leasing. It says ILFC has managed to remove just one A321 aircraft after a Delhi High Court decision on March 15 in its favour. But ILFC still has five A320 aircraft parked at airports in India.

CAPA has quoted ILFC CEO Henri Courpron as saying ?One of the hostages has been freed; we are worried about the others?..while the (other) aircraft have been de-registered, de-registration is only one of the steps you need to get the airplanes out of the country. There are other authorities in the country, like airports and tax authorities, who have an axe to grind against Kingfisher and we are being held hostage to this process.?

But DVB Bank may have something to cheer about if its aircraft are included in the 17 which were deregistered by DGCA on Tuesday. The Delhi HC is scheduled to hear DVB Bank?s lawsuit against the DGCA on April 8. Frustrated at Indian authorities? attempts to prevent it from repossessing its own aircraft, DVB Bank had warned in February that India could be ?shut out? of the global aircraft financing market if carriers such as Kingfisher failed to return aircraft they were unable to finance and the government fails to provide the conditions for suppliers to repatriate their assets.

DVB has around $450 million of direct and indirect financing to Air India, IndiGo and Jet Airways.? After Kingfisher?s defaults, some lessors decided to discontinue financing to the Indian aviation market.

Source: http://www.firstpost.com/business/kfa-plane-lessors-miffed-with-govt-raise-lease-costs-677470.html

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Nintendo video shows off Wii U speed improvement coming in April update

Nintendo video shows off Wii U speed improvement coming in April update

Nintendo's Wii U has faced complains over slow loading and switching between menus since launch, but the company has promised a pair of updates will help the situation. Tonight it posted a video on YouTube (embedded after the break) that shows off the difference before and after the April update side by side. Showing off how quickly it can return to the home menu from a game of New Super Mario Bros. U, the updated console is ready to go in eight seconds, compared to the current software's 20 second delay. There's no mention of the other update to improve the speed of launching software, but hopefully that will be shown off soon as well. More than halving the main menu's load time is nothing to sneeze at, although it's still not exactly a snappy experience. We'll see if these tweaks -- once they arrive -- do anything to improve the console's position while it waits for the improved software lineup President Satoru Iwata is expecting.

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Source: Nintendo (YouTube)

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/xlNXz0Ek2kc/

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Petraeus: Scandal 'was my own doing' (CNN)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/294984085?client_source=feed&format=rss

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Engineers enable 'bulk' silicon to emit visible light for the first time

Mar. 27, 2013 ? Electronic computing speeds are brushing up against limits imposed by the laws of physics. Photonic computing, where photons replace comparatively slow electrons in representing information, could surpass those limitations, but the components of such computers require semiconductors that can emit light.

Now, research from the University of Pennsylvania has enabled "bulk" silicon to emit broad-spectrum, visible light for the first time, opening the possibility of using the element in devices that have both electronic and photonic components.

The research was conducted by associate professor Ritesh Agarwal, postdoctoral fellow Chang-Hee Cho and graduate students Carlos O. Aspetti and Joohee Park, all of the Department of Materials Science and Engineering in Penn's School of Engineering and Applied Science.

Their work was published in Nature Photonics.

Certain semiconductors, when imparted with energy, in turn emit light; they directly produce photons, instead of producing heat. This phenomenon is commonplace and used in light-emitting diodes, or LEDs, which are ubiquitous in traffic signals, new types of light bulbs, computer displays and other electronic and optoelectronic devices. Getting the desired photonic properties often means finding the right semiconducting material. Agarwal's group produced the first ever all-optical switch out of cadmium sulfide nanowires, for example.

Semiconducting materials -- especially silicon -- form the backbone of modern electronics and computing, but, unfortunately, silicon is an especially poor emitter of light. It belongs to a group of semiconducting materials, which turns added energy into heat. This makes integrating electronic and photonic circuits a challenge; materials with desirable photonic properties, such as cadmium sulfide, tend to have poor electrical properties and vice versa and are not compatible with silicon-based electronic devices.

"The problem is that electronic devices are made of silicon and photonic devices are typically not," Agarwal said. "Silicon doesn't emit light and the materials that do aren't necessarily the best materials for making electronic devices."

With silicon entrenched as the material of choice for the electronics industry, augmenting its optical properties so it could be integrated into photonic circuitry would make consumer-level applications of the technology more feasible.

"People have tried to solve this problem by doping silicon with other materials, but the light emission is then in the very long wavelength range, so it's not visible and not very efficient and can degrade its electronic properties," Agarwal said. "Another approach is to make silicon devices that are very small, five nanometers in diameter or less. At that size you have quantum confinement effects, which allows the device to emit light, but making electrical connections at that scale isn't currently feasible, and the electrical conductivity would be very low."

To get elemental, "bulk" silicon to emit light, Agarwal's team drew upon previous research they had conducted on plasmonic cavities. In that earlier work, the researchers wrapped a cadmium sulfide nanowire first in a layer of silicon dioxide, essentially glass, and then in a layer of silver. The silver coating supports what are known as surface plasmons, waves that are a combination of oscillating metal electrons and of light. These surface plasmons are highly confined to the surface where the silicon dioxide and silver layers meet. For certain nanowire sizes, the silver coating creates pockets of resonance and hence highly confined electromagnetic fields -- in other words, light -- within the nanostructure.

Normally, after excitation the semiconductor must first "cool down," releasing energy as heat, before "jumping" back to the ground state and finally releasing the remaining energy as light. The Penn team's semiconductor nanowires coupled with plasmonic nanocavities, however, can jump directly from a high-energy excited state to the ground state, all but eliminating the heat-releasing cool-down period. This ultra-fast emission time opens the possibility of producing light from semiconductors such as silicon that might otherwise only produce heat.

"If we can make the carriers recombine immediately," Agarwal said, "then we can produce light in silicon."

In their latest work, the group wrapped pure silicon nanowires in a similar fashion, first with a coating of glass and then one of silver. In this case, however, the silver did not wrap completely around the wire as the researchers first mounted the glass-coated silicon on a sperate pane of glass. Tucking under the curve of the wire but unable to go between it and the glass substrate, the silver coating took on the shape of the greek letter omega -- ? -- while still acting as a plasmonic cavity.

Critically, the transparent bottom of the omega allowed the researchers to impart energy to the semiconductor with a laser and then examine the light silicon emitted.

Even though the silicon nanowire is excited at a single energy level, which corresponds to the wavelength of the blue laser, it produces white light that spans the visible spectrum. This translates into a broad bandwidth for possible operation in a photonic or optoelectronic device. In the future, it should also be possible to excite these silicon nanowires electrically.

"If you can make the silicon emit light itself, you don't have to have an external light source on the chip," Agarwal said. "We could excite the silicon electrically and get the same effect, and we can make it work with wires from 20 to 100 nanometers in diameter, so it's very compatible in terms of length scale with current electronics."

The research was supported by the U.S. Army Research Office and the National Institutes of Health.

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Story Source:

The above story is reprinted from materials provided by University of Pennsylvania.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Chang-Hee Cho, Carlos O. Aspetti, Joohee Park, Ritesh Agarwal. Silicon coupled with plasmon nanocavities generates bright visible hot luminescence. Nature Photonics, 2013; 7 (4): 285 DOI: 10.1038/nphoton.2013.25

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/computers_math/information_technology/~3/U1h28iUkbn4/130327133517.htm

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Wednesday, March 27, 2013

Jenelle Evans: Gary Head is a D-ck, Used My Car to Pick Up B--ches

Source: http://www.thehollywoodgossip.com/2013/03/jenelle-evans-gary-head-is-a-d-ck-used-my-car-to-pick-up-b-ches/

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Napolitano rejects ?border trigger? in immigration proposal

Janet Napolitano (Christian Science Monitor)

U.S. Homeland Security Secretary Janet Napolitano on Tuesday rejected a "border trigger" provision many Republican lawmakers say must be included in immigration reform legislation.

The proposal, which would require that that the U.S. border with Mexico be declared secure before illegal immigrants currently living in the U.S. could apply for citizenship, has sparked significant concern among progressives and union leaders. And Napolitano, a Democrat and former Arizona governor, revealed Tuesday at a Christian Science Monitor breakfast roundtable in Washington that she also believes it shouldn't be put into practice.

"Once people really look at the whole system and how it works, relying on one thing as a so-called trigger is not the way to go," Napolitano said, adding that multiple factors must be taken into account to determine the border's status. She added that there "needs to be certainty" in an immigration reform bill for families already in the United States.

A bipartisan group group of senators known as the "Gang of 8"are currently working on immigration reform legislation in Congress and proposed border security requirements as part of their deal.

One member of that group, Florida Sen. Marco Rubio, and fellow Republican Senator Rand Paul of Kentucky, have been championing a specific trigger for measuring security and have found support for their idea among congressional conservatives who support immigration reform.

Members of Congress have been in communication with Napolitano personally and with her department.

But Napolitano on Tuesday refused to offer reporters any additional details on her communications with the Senate group.

She did reveal her belief that times have changed.

Napolitano noted that four years ago when she took the helm of the department, there was little appetite for immigration reform among members of Congress while two wars were being waged.

And last year, the 2012 election helped pushed things forward, she said.

"I think now is the time ... I think the election had consequences in that regard."

When asked to rate the Senate group's odds of success, Napolitano offered a nonspecific answer.

"I'm always optimistic," she said.

Napolitano said that today, 10 years after the creation of Department of Homeland Security in the wake of the Sept. 11, 2001, terror attacks, the U.S./Mexico border is more secure than ever before.

Napolitano mentioned a range of issues that fall under her department in addition to immigration, including the Secret Service, customs and border protection and, largely, terrorism.

Napolitano defended the recent decision by the Transportation Security Administration to permit pocketknives on airplanes, something originally outlawed after the 9/11 attacks. Members of Congress and other critics expressed outrage over the decision to make an exception for pocketknives, a decision set to take effect April 25.

But Napolitano on Tuesday said the move was appropriate.

"I think, frankly, it's the right decision," she said. "From a security standpoint, we're trying to prevent a bomb from getting on a plane, and if you're talking about a small knife, there are already things on a plane that somebody could convert into a small, sharp object."

She mentioned that what keeps her awake at night are unseen threats.

It's "not what I know about, 'cause what I know about, we can do something about," Napolitano said. "It's what's out there that I don't know about."

What she doesn't lie awake at night thinking about is the 2016 election.

?I think my plate is so full right now that I think that contemplation would be the kind of thing that would keep me up at night,? Napolitano said, brushing off a question about her presidential aspirations. ?And I lose enough sleep as it is.?

Combating terrorism and defending against attacks is a daily mission of the department, Napolitano said, adding that her department is aiming to hire "600 hackers for good," who will be focused on cyber threats.

Napolitano said she spends a lot of her time working on relations with the private sector with regard to cyber security.

But oddly enough, that doesn't mean she's personally up on the latest cyber technology.

Napolitano explained Tuesday that she does not use email. At all.

And she hasn't used email since she served as Arizona's attorney general around the year 2000.

"I think email sucks up time," she said, lamenting the hundreds of emails she found herself forced to "scroll through" daily and the way in which people used email as a replacement for making contact.

"I haven't found it to be a problem," she added. Napolitano said people who need to reach her are able to do so through her staff (who she mentioned use email for her) and via phone.

Oh, and she doesn't tweet or text either.

It "allows me to focus" on what's important, she said.

Source: http://news.yahoo.com/blogs/ticket/dhs-secretary-janet-napolitano-doesn-t-rule-2016-144911624--politics.html

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Tuesday, March 26, 2013

Google Android 4.2.2 'Jelly Bean'


Android 4.2.2 "Jelly Bean" is Google's latest refinement of what is now the world's most popular OS on new smartphones. For now, you can only get Android 4.2.2 on a few devices, including the?Google Nexus 4 phone, and the Google Nexus 7 and Nexus 10 tablets. It's also rolling out to existing Galaxy Nexus owners, and the newly announced Samsung Galaxy S4 will have it at launch. There's nothing revolutionary about Android 4.2.2, but there are enough significant updates to cement Jelly Bean's Editors' Choice status for mobile smartphone operating systems.

User Interface Improvements
For this review, I tested Android 4.2.2 on a Google Nexus 4. As was the case with Android 4.1, the setup process is smooth, and faster than it is with earlier Android phones. Most of the default options were already checked, for example, and I had no problem adding my existing Google account. Once you're in, the OS walks you along with a series of translucent tip screens that appear over the home screen and main menu. This hand-holding is definitely helpful if you're new to the OS, though experienced users will already know many of the tips.

As we found when first testing Android 4.1, there's more going on here than just minor UI refinements. At Google I/O last year, Google engineering director David Burke talked about Project Butter, which was the company's effort to improve Android performance enough that it feels "buttery" smooth in use. This effort affected many aspects of the OS, such as improved vsync timing for faster frame rates on the display itself, triple graphics buffering for preventing dropped frames in video games, and improved overall touch-screen response.

In practice, there's definitely a noticeable improvement over, say, Android 4.0 "Ice Cream Sandwich." You can easily resize and move around icons and widgets on each home screen panel or delete apps by swiping the icon up, which causes it to disappear. The system font ("Roboto") already looked sharp and smooth before, and still does. But menu animations, finger swipes, and scrolling feel at least as solid as they do on iOS, if not better.

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Keyboard, Web Browser, and Messaging
The predictive keyboard works well. I spent quite some time typing on it, and it seemed to do a much better job than before at guessing the word I meant, even whenever I typed several letters incorrectly. The prediction function works just as it does on Apple iOS 6.1, in that it can figure out what word you want to type even if your fingers are not hitting the on-screen keys directly, just by the grammar of your sentence and the built-in dictionary.

For the Swype-inclined, the new?Gesture Typing feature attempts to mimic Swype, in that you can now draw out words by gliding your fingertip over each letter on the on-screen keyboard. Google also boosted the predictive text engine to allow for spaces between words, as well as boosting the dictionary the engine uses overall, both for voice dictation and typing.

In fact, Android 4.2.2's predictive text engine also tops that of iOS, in that it still shows the bar beneath the text window with possible alternatives?rather than just one the way the iPhone does?and then pops it in with a little animated fade as you continue typing. These are small details, but they're beautiful in action. This is exactly the kind of polish Android needed all along, though the new BlackBerry Z10 on-screen keyboard has turned out to be even better.

The Web browser offers smooth handling of multiple tabs, which you can swipe among on a separate screen. One issue; while auto-rotate is switched off by default, when I turned it on, I noticed some pages had trouble formatting columns of text when flipping between landscape and portrait mode. In other words, the screen would be formatted correctly in one orientation, but then end up with a thin column and lots of white space in the other.

Adobe has officially dropped support for Flash starting with Jelly Bean 4.1. This doesn't bother me as much as it irks others. Even when it works on mobile devices, it doesn't really work all that well. The end of Flash for Android is hardly a surprise, at any rate, as Adobe said months ago it was discontinuing all mobile Flash development.

In the messaging app, tap the new message icon, and it pops up names and photos from your contact list as you type letters, including alternate phone numbers indented slightly as compared with the main one. I tested this function with a book of about 1,500 contacts and it was super fast.

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/T62K9UgA44Y/0,2817,2406539,00.asp

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South Korea, US sign new military contingency plan

SEOUL, South Korea (AP) -- South Korea and the United States have signed a new military plan that lays out how the allies will communicate with each other and react to any future North Korean aggression.

The signing comes amid North Korean threats to attack the allies over their joint military drills and recent punishing U.N. sanctions aimed at Pyongyang's latest nuclear test.

Seoul's Joint Chiefs of Staff said Monday that the plan is designed to counter a future limited attack by North Korea, but details weren't released. Work on the plan began after a North Korean artillery attack on a South Korean island in 2010 killed four.

The allies also have a separate plan in the case of a full-blown war on the Korean Peninsula.

There are 28,500 U.S. troops stationed in South Korea.

(Copyright (c) 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Source: http://www1.whdh.com/rss/read/news/articles/world/10010189675872/

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Church to help teens prepare for college, work

Summer is only a few months away, and many Mid-South teens are either looking forward to college or summer employment.?

But experts advise to not start either without preparation. That is why the NuNation Youth Ministry at St. Andrew A.M.E. Church is hosting a Job and College Preparation Workshop.

This workshop will include classes that explore your assets, dressing for success, developing your resume, finding and keeping a job, finding the right college, and successfully completing an online employment application.

There will be mock job and college interviews for participants. Company executives and college recruiters will conduct the interviews.????????

Event details:

  • The workshop is free.
  • It will be held Saturday, April 6th from 9 a.m. to 2 p.m.
  • It will be held at St. Andrew A.M.E. Church Community Life Center ?located at 1472 Mississippi Boulevard.
  • Please RSVP by contacting Rev. Fekecia Gunn at nunationyouth@gmail.com or (901)948-3441.??

Source: http://southmemphis.wmctv.com/news/business/104422-church-help-teens-prepare-college-work

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