Tuesday, 28 February 2012

U.S. shouldn't speed up Afghanistan pull out: ambassador (Reuters)

[unable to retrieve full-text content]

Supporters of Majlis-e-Ulema Pakistan, a religious group burn the U.S flag during an anti-American rally in Lahore February 27, 2012.  About 60 protesters gathered to protest and condemn the burning of copies of the Koran at NATO's main base in Afghanistan on February 21, 2012.  REUTERS/Mohsin Raza   (PAKISTAN - Tags: POLITICS CIVIL UNREST RELIGION)Reuters - The United States should resist any urge to pull troops out of Afghanistan ahead of schedule in response to the violence against Americans sparked by a burning of the Koran at a U.S. military base, U.S. Ambassador to Afghanistan Ryan Crocker said on Sunday.


Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/nm/20120227/wl_nm/us_afghanistan_usa

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Monday, 27 February 2012

In Darkness: movie review (+trailer)

The movie's power comes from its uncompromising take on the heroism of a Polish sewer inspector during the country's 1942 German occupation.

Agnieszka Holland's powerful "In Darkness" is set in 1942 in ?the eastern Polish city of Lvov at a time when it was occupied by the Germans and their Ukrainian allies. The city's Christian inhabitants, battered and war-weary, are still far better off than the Jews, whom the Nazis randomly shoot in the streets and ghettoize en route to their eventual deportation to concentration camps.

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Leopold Socha (Robert Wieckiewicz) is a Polish sewer inspector who also doubles as a scavenger. To provide for his wife and daughter, and also, we sense, because he likes the thrill of the hunt, he and his accomplice (Krzysztof Skonieczny) loot the abandoned buildings of Jews. Because of Socha's knowledge of the sewers, the local Ukrainian Nazi officer offers him an added financial incentive to root out the Jews hiding underground.

Unlike most Holocaust-themed movies, even some of the strongest (like "Schindler's List"), "In Darkness," which is based on true events and is Oscar-nominated for best foreign film, doesn't draw clear lines of demarcation between the righteous and the venal. Socha initially keeps several Jewish families hidden away, not because he is noble but because the Jews make him a better offer ? a richer bribe. And the Jews crammed into the blackness and the stench are not sentimentalized. One man, for example, has abandoned his wife and daughter for his mistress, whom he likewise abandons when she becomes pregnant. With the exception of the group's leader, Mundek Margulies (Benno F?rmann), who is portrayed in classic stalwart-hero mold, none of the Jews are given the star treatment.

This is as it should be. Holland and her screenwriter David Shamoon (whose parents fled Baghdad to escape Iraq's persecution of Jews) understand that suffering isn't necessarily ennobling and that sometimes goodness emanates from the unlikeliest sources ? in this case, Socha. The movie's power comes from its uncompromising take on his heroism. This man who dislikes Jews and initially thinks only of his own profit, gradually, fitfully, is transformed by the end into someone who risks even the lives of his own family, whom he loves, in order to save the people he calls "my Jews."

Holland has made excellent movies in this vein before, especially the 1991 "Europa Europa," but "In Darkness" is her most unremitting achievement. The reason we feel so close to Socha, a man who at first seems nothing more than a racist scoundrel, is that his moral odyssey, with its advances and retreats, is so emotionally believable. Holland could not have chosen a better actor to play Socha, whose burliness and blank eyes are, as it turns out, camouflage for the valiant human within. (Wieck?ie?wicz has been amply honored in Poland for his stage and film work, almost all of which is maddeningly unavailable in the United States.)

There are sequences in this film that are almost impossible to take, such as the one in which the cries of a mother's newborn risks exposing the entire group, but for the most part Holland avoids depicting the full horror of the Jews' entrapment. (The assumption is that we already know the horrors.) When the story is periodically brought above ground, into the daylight, the effect is both exhilarating and unsettling. The bright, wide world looks like freedom after all that blackness, but this is an illusion: Death is here, too.

In the film's climax, the rain pouring down from the sky threatens to turn the sewers into a death trap. This is when Socha demonstrates his true mettle. He is possessed beyond reason by his need to save the Jews. Like few other movies, "In Darkness" gets at the mania of those who would risk everything to save others. Socha is bewildered by the man he has become, and exultant, too. He astonishes himself ? and us. Grade: A (Rated R for violence, disturbing images, sexuality, nudity, and language.)

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/7IKP3kw0k6o/In-Darkness-movie-review-trailer

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Saturday, 25 February 2012

Votizen Raises $750k From Sean Parker, Others, To Turn Elections From Fundraising To ?Friendraising

Screen shot 2012-02-24 at 06.02.05Just in time for the general elections coming up later this year, Votizen, the social media site that helps like-minded voters get together and influence how those elections go, has raised $750,000. And while that may sound like a modest number -- in true voter influencer fashion -- it's the backers that are going to count here.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NnIQgW2ljyc/

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Bloggers Brain Input ? Blog Archive ? Familiar Flood Insurance ...

Familiar Flood Insurance Coverage Charge

Posted by dannywrds on February 24th, 2012 ? Posted in Fantastic

Check your home. If your plumbing fixtures and floor drains are beneath road level, there is a chance of flooding even inside your very own home. If there is water damage because of large rain storms, sewer back-ups, or snow melt aren?t coated by homeinsurance coverage coverage.The remedy to these unavoidable problems is floodinsurance coverage. If you do not reside in an location that has a designated flood zone from the FEMA, it is smart that you go available and get 1. But naturally you have to take into account the flood insurance plan cost.Usually, flood insurance plan policies do not get effect in much less than a month. It is going to only commence right after thirty days on application. The top quality payment which is indicated inside the flood insurance plan cost should be bought simply because this is really a necessity.You can find exceptions and you?ll be able to discuss using the insurance plan agent about this so that you?ll be able to get the additional data you?ll need inside the issue.All residents are eligible to utilize for flood insurance plan which is provided from the Federal Authorities. This is stated inside the Nationwide Flood Insurance plan Plan or even the NFIP. The flood insurance plan cost depends on the insurance plan companies.But are aware that the yearly cost for flood coverage ranges from $200 to $2000. It depends on the designated flood zone from the FEMA. Flood insurance plan coverage and flood insurance plan cost also differ inside the kind of property owner that you are (Do you very own the home?Have you been staying inside a condo? Have you been

Familiar Flood Insurance Coverage Charge

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Source: http://bloggersbraininput.bloggerscorner.org/2012/02/24/familiar-flood-insurance-coverage-charge/

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Friday, 24 February 2012

AP Interview: Oscar nominee Demian Bichir

In this photo taken on Feb. 16, 2012, Mexican actor Demian Bichir poses for a portrait in Mexico City, Mexico. Bichir learned an important lesson when he left his native Mexico to launch a U.S. acting career and ended up working in a Mexican restaurant in New York: How to live the invisible life of an illegal immigrant with dignity. It's a subtle quality he brings to his Oscar-nominated role of Los Angeles gardener Carlos Galindo in the movie "A Better Life." (AP Photo/Dario Lopez-Mills)

In this photo taken on Feb. 16, 2012, Mexican actor Demian Bichir poses for a portrait in Mexico City, Mexico. Bichir learned an important lesson when he left his native Mexico to launch a U.S. acting career and ended up working in a Mexican restaurant in New York: How to live the invisible life of an illegal immigrant with dignity. It's a subtle quality he brings to his Oscar-nominated role of Los Angeles gardener Carlos Galindo in the movie "A Better Life." (AP Photo/Dario Lopez-Mills)

In this photo taken on Feb. 16, 2012, Mexican actor Demian Bichir poses for a portrait in Mexico City, Mexico. Bichir learned an important lesson when he left his native Mexico to launch a U.S. acting career and ended up working in a Mexican restaurant in New York: How to live the invisible life of an illegal immigrant with dignity. It's a subtle quality he brings to his Oscar-nominated role of Los Angeles gardener Carlos Galindo in the movie "A Better Life." (AP Photo/Dario Lopez-Mills)

(AP) ? Demian Bichir learned an important lesson when he left his native Mexico to launch a U.S. acting career and ended up working in a Mexican restaurant in New York: How to live the invisible life of an illegal immigrant with dignity.

It's a subtle quality he brings to his Oscar-nominated role of Los Angeles gardener Carlos Galindo in the movie "A Better Life."

Like Galindo, Bichir came to the U.S. illegally. The U.S. amnesty program in 1986 put him on the road to a Green Card. The character he plays is not so lucky, trying to climb the rungs from day worker to owner of a gardening business while keeping his American-born teenage son from street gangs.

"It was important for me to relate to that time when I arrived in New York," Bichir told The Associated Press. "Carlos Galindo's dignity is similar to all those 11 million undocumented workers in U.S. They live their lives with ... that power and that passion, and they never give up. That's me."

The result brought the first best actor nomination for a Mexican native since Anthony Quinn 47 years ago. Bichir is up against big-name stars Brad Pitt, George Clooney and Gary Oldman, as well as Jean Dujardin in Sunday's ceremony.

Until now, the 48-year-old Bichir has probably been Mexico's most successful low-profile Hollywood actor, having landed string of television and movie parts. American audiences may know him as Esteban Reyes, the raspy-voiced, corrupt Tijuana mayor and love interest of Mary-Louise Parker in the popular television series "Weeds."

The Oscar nod has brought him fame, even if "A Better Life" did not do well at the box office. It now has been getting a bit of a second life in downloads and rentals since the nomination.

He said the distinction won't change him as a person or an actor, though it may bring more opportunities to work with artists he admires. The tall, bearded Bichir, whose impishness comes through even sitting in a hard chair for a formal interview, said he'd rather not name names ? then artfully dropped two big ones.

"If I say Woody Allen, and Jim Jarmusch hears I didn't mention him, then he won't call me," he said. "And I want to work with him, too, right?"

Bichir grew up in a theater family that could be considered the Barrymores of Mexico, without the curse, though Bichir has made known his love for tequila. He joked in a press conference after the nomination that he will be carrying a flask on Oscar night.

He is the second of three brothers, all actors, who are so ubiquitous in Mexican theater and film that MTV once created a category for its Mexico awards, "Best Bichir in a Movie."

Bichir currently stars in a Mexican theater version of "Swimming With Sharks" as the lead, nightmare movie mogul Buddy Ackerman. The play is directed by his younger brother, Bruno. All three (the third brother is Odiseo) will be the voices of three inmate pigs in the upcoming animated Mexican film.

Before the brothers' fame, they were part of a middle class family headed by theater director Alejandro Bichir and actress Maricruz Najera.

Bichir first dreamed of being a professional soccer player. His mother recently told the Mexican newspaper El Universal that he was always tearing through the knees of his pants playing in the streets of Tlatelolco, a Mexico City neighborhood famous both as an ancient Aztec market and the scene of a 1968 student massacre.

Instead, he started acting, landing a role in the Mexican soap opera "Rina" at age 14.

Bichir headed to New York at age 21 or 22, he said, to expand his experience as an actor. He ended up busing tables at the Rosa Mexicana, the hardest work he said he has ever done. It was there he learned to make guacamole, something he said his mother did growing up.

"She made delicious guacamole and I never gave it much thought," he said.

The key to his recipe is chopping the avocado. No smashing.

After a short time he moved to Los Angeles, without success, and returned to Mexico, where he starred in films such as "Hasta Morir" (Until Death), which won him an Ariel award, the Mexican equivalent of an Oscar, and the comedy hit "Sexo, Pudor y Lagrimas," (Sex, Shame and Tears). Among dozens of roles, he played Miguel Hidalgo, the father of Mexican independence, in "Hidalgo: The Story Never Told," released during Mexico's 2010 bicentennial.

His Hollywood roles started with the television movie "The Time of Butterflies" with Mexican actress Salma Hayek in 2001 and include playing Cuban revolutionary Fidel Castro in Steven Soderbergh's "Che" in 2008, in addition to the recurring role on "Weeds."

Bichir has said in previous interviews that he thought he was reading for director Chris Weitz's "Twilight" vampire series when Weitz proposed a project about a gardener.

"A Better Life" is the first major Hollywood studio treatment of the plight of illegal immigrants, though they have been in the employ of movie executives and stars for decades. Bichir has compared the film to "Philadelphia" as a work that could start to change attitudes toward illegal immigrants the way Tom Hank's Oscar-winning performance perceptions around homosexuality and AIDS.

Mexican migration to the U.S. has dropped by 83 percent since its peak in 2007, when an estimated 500,000 people went to the U.S., according to the Mexican census agency. Still, people in the U.S. and Mexico, including Bichir, are urging President Barack Obama to tackle immigration reform for the millions who already live there and, like Carlos Galindo, stay below the radar to survive.

Bichir says it will take more than one film to change attitudes about the community.

"We lost the first round at the box office. This film did not become a huge hit," Bichir said. "They need to make these types of films important and a success to talk about some real commitment."

Bichir has done what his more famous counterparts, such as Gael Garcia Bernal and Diego Luna, haven't: win an Oscar nomination. Salma Hayek was nominated in 2003 for her role as Frida Kahlo.

The last male Mexican native to do so was Anthony Quinn, who was born in the border state of Chihuahua, though he grew up in the U.S. Quinn was nominated, for "Zorba the Greek" in 1964. He also won two best supporting actor awards for "Viva Zapata!" and "Lust for Life."

To have the same distinction as Quinn is "surreal," Bichir said.

"Everyone knows him, everyone loves him and he has always been a pride for Mexico," he said. "All I can say is that I wish I had that career, that at the end of my life I would have had at least a little bit of it ... and I hope it won't take another 48 years to have a Mexican nominated."

(This version CORRECTS spelling of Hayek)

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-02-23-LT-Mexico-Oscar-Nominee/id-ee229348476b4863bef4e618bf50687b

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The Engadget Interview: BlackBerry PlayBook product manager Michael Clewley

There's no getting around it: it's been a rough couple of years for Research in Motion. This week's on-time release of its PlayBook 2.0 software marked a rare bright spot in an otherwise grim era, bringing much needed features for the QNX platform such as a unified inbox, deeper social integration and updates to the company's BlackBerry Bridge app.

At the same time, the release of the 2.0 software has brought many of our outstanding questions to the fore: why weren't these features present in the first go-round? Why did the company take so long to flesh out its software? And lastly, when will we see some proper second-gen hardware? We sat down with PlayBook product manager Michael Clewley to discuss the slate's ups and downs, and how the revamped tablet stacks up in an increasingly crowded field.

Continue reading The Engadget Interview: BlackBerry PlayBook product manager Michael Clewley

The Engadget Interview: BlackBerry PlayBook product manager Michael Clewley originally appeared on Engadget on Thu, 23 Feb 2012 20:00:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/02/23/the-engadget-interview-blackberry-playbook-product-manager-mich/

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How to Advertise a Personal injury law firm | Personal Injury Claims

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Due to the fact there are agencies that do specialize in distinct types of legal marketing, here are our issues to think about when engaging in a personal injury law firm marketing campaign.

-Do not come across as pretentious or arrogant. It is feasible to sound personable whilst nonetheless sustaining a dignified look and tone.

-Concentrate on the genuine cause for personal injury law firm marketing-to supply shoppers with data regarding what your firm has to supply. Do not use marketing to make unfavorable comments or cast aspersions on other lawyers. It is your firm that will finish up only confirming what those who are against lawyer advertising currently think, not the firm you are attacking.

-Do not use ?gimmicks.? Low-important, tasteful re-enactments or demonstrations do have their location in personal injury law firm marketing, as lengthy as they are not becoming utilized merely for the shock worth. Buyers who are thinking they could want the solutions of a personal injury law firm most probably currently know what can or did take place, and may possibly not appreciate their certain incident getting presented in a low cost, undignified way.

-Appearance at other law firm marketing tactics and establish what you Do not which includes about that distinct advertising campaign. Then, appearance for methods to make sure that your firm ways from an completely various, much more sure angle.

-There are numerous distinct types of marketing, such as tv commercials, radio spots, and print advertisements. Any or all of these can be productive mediums for lawyer advertising, or your firm might pick to use only one certain supply. Whichever one you select, don?t forget to present the content material in an proper manner.

-The 3 distinct marketing mediums talked about in Step #four could want disclaimers or other notices regarding lawyer solutions. Guarantee your personal injury law firm marketing is in compliance with all guidelines and regulations.

-If attainable, use individuals who are 100 percent used with your firm to appear in tv commercials or print advertisements. And, Do not believe that the most handsome or appealing member need to necessarily be the one whose face is noticed. Some individuals may possibly appreciate the truth that your firm does not emphasize Private look, but rather the solutions it delivers.

-For radio spots, it most likely will not matter if a firm member?s voice is heard. Simply guarantee that the ad is worded in such a way that the person performing the voice-more than does not offer the impression he or she is a member of the firm.

-Don?t exaggerate what your firm can do, or its accomplishment rate. If it is found that the details offered is not correct, buyers could shed any trust they might have had in your firm. Additional, law firm advertising detractors can also use this to assistance their claim that Individual injury law firm marketing has no spot in the legal profession.

-Be constant. If modifications want to be produced in your personal injury law firm marketing campaign, make them steadily.

Blue Dog has been producing marketing for neighborhood enterprise Due to the fact 1996.

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Tags: free legal advice, hernia-operation, injury lawyer, injury lawyers, legal compensation, legal-advice

Source: http://personalinjuryclaims1.co.uk/how-to-advertise-a-personal-injury-law-firm/

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Thursday, 23 February 2012

Argentine train slams into station, killing 49 (AP)

[unable to retrieve full-text content]AP - A packed train slammed into the end of the line in Buenos Aires' busy Once station Wednesday, killing 49 people and injuring hundreds of morning commuters as passenger cars crumpled behind the engine. It was Argentina's worst train accident in decades.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120222/ap_on_re_la_am_ca/lt_argentina_train_accident

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How Eye Institutes are Making their Patients Look Younger

Eye institutes and plastic surgery usually do not go hand in hand. However, what if an eye institute could not only help correct your vision, but also erase the lines around your eyes and the aging in your face? For many, this sounds too good to be true, but there are some eye institutes that can make this happen.

Lines around the eyes, often referred to as crow's feet, appear when a person must squint to see clearly. Over time, these lines thicken and can make a person appear older than they are. Therefore, treatment is provided at some eye institutes to help correct these lines, along with the poor vision that causes them to appear.

The following are three ways eye institutes can make you look younger.

  1. Vision Correction Surgery ? Lines caused by squinting and straining to see clearly can be lessened through permanent vision correction. Surgeries, such as laser eye surgery, and lens implants are just a few examples of how your vision can be permanently improved. New technology lens implants are the latest development in vision repair surgery, and allow a lens, similar to your natural lens, be implanted to correct any damage or cloudiness that may be causing your vision to blur. By clearing up your vision, you reduce the amount of strain put on your eyes, and thereby reduce the amount of aging on your face.
    ?
  2. Botox Treatment ? This is something that is surprising to many, but Botox is sometimes offered in eye institutes to help lift the skin around the eyes so it appears healthy again. When your eyes strain to see something up close or far away, the squinting affects the skin around your eyes, causing fine lines. Lines on your forehead also appear when you squint, and can look like frown lines, or wrinkles around your face. Botox will strengthen the skin in these areas to restore a youthful glow.
    ?
  3. Microdermabrasions ? For a skin treatment that removes dead skin cells and puts vitality back into your healthy skin, you might choose microdermabrasion. This treatment is pain free and involves deep exfoliation of the skin. It is offered as a way to remove dead cells and strengthen existing skin cells to reduce the appearance of lines. This treatment is offered in many forms, including over-the-counter substitutes; however, some eye institutions provide this as a treatment to their customers who want to reduce the look of lines and wrinkles caused by eyestrain.

While eye institutes focus first and foremost on the health of your vision, they do provide extra benefits to those clients who seek to reduce the other effects their weak vision has had on their skin and appearance. For this reason, more eye institutes are beginning to offer ways to help their patients look younger.

Source: http://health.ezinemark.com/how-eye-institutes-are-making-their-patients-look-younger-18cc091acee.html

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Wednesday, 22 February 2012

Oracle drops patent from Google lawsuit, Google moves to strike Oracle's third damages report

Oracle drops patent from Google lawsuit, Google moves to strike Oracle's third damages report
After much sound and fury in its legal proceedings for IP infringement against Google, Oracle's claims continue to be whittled away. Judge Alsup has been on Oracle's case to downgrade its damages claims for months now, and on Friday, he got yet another reason to do so. Ellison's crew has finally withdrawn the last remaining claim of patent number 6,192,476 from the litigation -- the very same patent that had 17 of 21 claims wiped out earlier during a USPTO re-examination proceeding. Additionally, Google has filed a motion to strike Oracle's third damages report for, once again, artificially inflating the monetary damages in its expert report. No one can say for sure how the judge will rule on that motion, but given that Oracle's got less IP than ever with which to allege infringement, it seems likely that the Court will send it back to the damages drawing board.

Oracle drops patent from Google lawsuit, Google moves to strike Oracle's third damages report originally appeared on Engadget on Mon, 20 Feb 2012 22:37:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/02/20/oracle-drops-patent-from-google-lawsuit-google-moves-to-strike/

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Tuesday, 21 February 2012

Samsung Galaxy S II announced for US Cellular: 'coming soon' for $230

We already had a strong hunch that it was coming to US Cellular, thanks to the FCC, but now it's official: Samsung's iconic Galaxy S II is finally making its way to the regional carrier in the coming weeks for $230 on a two-year contract and after a $100 mail-in rebate. This version of the GSII offers the same 1.2GHz dual-core Exynos CPU found in the original version, as well as a 4.5-inch Super AMOLED Plus display. Android 2.3 (Gingerbread), an eight megapixel rear camera and 16GB internal storage are also confirmed, though we think it's highly likely this unit will feature the same specs as the rest of the series. Sadly, the device lacks support on USCC's brand new LTE network, so brace yourself for 3G speeds if you plan to pick one of these up. Check out the full press release below for all the details released so far, and we'll keep you posted as soon as we hear an official release date or any other deep dark secrets.

Continue reading Samsung Galaxy S II announced for US Cellular: 'coming soon' for $230

Samsung Galaxy S II announced for US Cellular: 'coming soon' for $230 originally appeared on Engadget on Tue, 21 Feb 2012 10:10:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/RwDQkgj9Zxs/

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FACT CHECK: Artful swerves on the auto bailout

(AP) ? Michigan has become squirm central for Republican presidential candidates who are trying to explain their opposition to the auto bailout before the big primary in the home of automakers. Their tale is terribly tangled, and President Barack Obama isn't telling it straight either.

Obama, in taking credit, and Republicans, in assigning blame, have ignored one driving force behind the love-it-or-hate-it bailout: George W. Bush in the waning days of his presidency. Moreover, GOP rivals Mitt Romney and Rick Santorum would have people believe the United Auto Workers union runs General Motors and the government "gave" it away, neither true.

The issue is a particularly nettlesome one for Romney, Detroit-born son of a Michigan governor and auto company chief executive. His provocatively headlined 2008 article, "Let Detroit Go Bankrupt," has made for tortured explanations in the campaign for the Feb. 28 primary ? though the prescription he preached back then is not wholly at odds with what the government finally did.

Then again, Romney is hardly out on a Republican limb. Santorum opposes the bailout on similar grounds. As for the other candidates, Newt Gingrich raised the wild idea that Washington might force people to buy GM cars, and Ron Paul believes the market should let companies rise or fall without the government's intervention.

A look at some of the persistent claims about the bailout and how they compare with the facts:

___

ROMNEY: "If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won't go overnight, but its demise will be virtually guaranteed." ? Nov. 18, 2008, New York Times op-ed article.

SANTORUM: "If they'd have gone through the orderly bankruptcy process, gone through a structured bankruptcy, they'd have come out in the same place, only we would have kept the integrity of the bankruptcy process without the government putting its fingers into it." ? June 13 New Hampshire debate.

THE FACTS: No one can know what would have happened absent the bailout. But it's a distinctly minority view that the private sector, raked then by the financial crisis, would have nursed Detroit back to health without a massive infusion of federal aid. In late 2008, banks weren't making many loans, much less to companies that were out of cash. The Bush administration moved fast because it saw no time to let an orderly bankruptcy unfold, even if banks had the money and the will to steer automakers through the process.

Romney's grim prognosis, before GM and Chrysler took the aid, is in stark contrast with the turnaround that followed. Last week GM reported a record profit for 2011, two years after the company's near-collapse, and said 47,500 union workers will get $7,000 profit-sharing checks, the most ever.

Despite the bold headline ? now making headlines of its own ? Romney laid out some nuanced ideas, including substantial federal aid.

He called for the government to guarantee post-bankruptcy financing and to back up warranties so people would not be afraid to buy cars from the fragile companies. And he proposed a fivefold increase in federal research spending on energy.

___

OBAMA: "On the day I took office, our auto industry was on the verge of collapse. Some even said we should let it die. With a million jobs at stake, I refused to let that happen. In exchange for help, we demanded responsibility. We got workers and automakers to settle their differences. We got the industry to retool and restructure. Today, General Motors is back on top as the world's No. 1 automaker. Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and factories. And together, the entire industry added nearly 160,000 jobs. We bet on American workers. We bet on American ingenuity. And tonight, the American auto industry is back." ? Jan. 24 State of the Union speech.

THE FACTS: Lost in Obama's victory lap was the fact that Bush passed him the baton.

Pushing against a reluctant Congress, Bush steered $17.4 billion in emergency loans to GM and Chrysler in his final weeks in office, on condition they shrink debt, negotiate wage and benefit cuts with workers and submit plans to achieve "long-term viability, international competitiveness and energy efficiency."

The new Obama administration followed with more than $60 billion in aid, more expansive requirements and hands-on management of the crisis.

With hundreds of thousands of jobs at stake, ideology took a back seat. "Sometimes circumstances get in the way of philosophy," Bush said in a speech this month. "I didn't want there to be 21 percent unemployment."

Steven Rattner, who led Obama's auto task force, credited Bush with giving his team "a little breathing room" to restructure the companies and for providing a framework of "expected sacrifices that paved the way for our demands for give-ups from the stakeholders."

Obama's account of the automakers' recovery is true enough but skips key points.

For one, "we" had nothing to do with Ford, which declined a bailout and climbed back on its own. Second, viewers of the speech might not know that Chrysler is an Italian-owned company now.

Obama frequently invokes the unspecified "some" who thought the industry "should die" in what is a veiled swipe at Republicans who oppose the bailout, Romney prominently among them. But like the other GOP candidates, Romney never expressed a death wish for the auto industry. Nor did Republican congressional leaders.

At most, some were willing to take that risk by having automakers try to restructure in bankruptcy without a bailout. It's a course few believed would work in 2008. But bankruptcy is intended as a second chance, not an execution. It's the path Obama followed, though with massive federal aid that sweetened the odds.

___

SANTORUM: "All the federal government did was basically tip to the cronies, tip to the unions, gave the unions the company." ? June 13 New Hampshire debate.

ROMNEY: "The idea of billions of dollars being wasted initially ? then finally they adopted the managed bankruptcy. I was among others that said we ought to do that. And then after that, they gave the company to the UAW. They gave General Motors to the UAW and they gave Chrysler to Fiat." ? Nov. 10 Michigan debate.

THE FACTS: These are distorted accounts of complex arrangements by which the companies, unions, government and courts fashioned a plan to lighten staggering health care and pension costs at the heart of the automakers' decline.

A trust owned by the United Auto Workers ? but not directly managed by the union ? received a 17.5 percent ownership stake in GM in return for taking over the health care costs of blue-collar retirees. That stake declined as the company left government ownership by selling stock to the public; it's now about 10 percent. In return for its share, the UAW could not strike over wages at Chrysler or GM in the last round of contract talks, and it gave other concessions too.

Just as the government did not give GM to the union, it did not give Chrysler to Fiat.

Chrysler and Fiat have paid back all but $1.3 billion of Chrysler's $12.5 billion bailout ? with taxpayers likely to be out the rest. The Italian automaker got control of Chrysler by buying 23.5 percent of the company from the U.S. and Canadian governments, after receiving an initial 20 percent stake in exchange for management expertise and technology, then 15 percent for meeting performance targets.

The government has recouped more than $22 billion of its nearly $50 billion GM bailout, after agreeing to take stock in return for most of its investment. The government would get an additional $13.5 billion if it sold its remaining stock at current value. It is waiting for the stock price to rise before doing so, meaning the final cost to taxpayers is unknown.

___

GINGRICH: "Having become deeply involved in GM's operation, the federal government has a vested interest in the company's success. So what is stopping it from requiring all Americans ? under threat of penalty ? to buy a GM car?" ? In his book "A Nation Like No Other," published last summer.

THE FACTS: This is called Newt being Newt.

___

Krisher reported from Detroit.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-02-21-Auto%20Bailout-Fact%20Check/id-c0f18e4777c94ce68ad9157e973a03e3

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Monday, 20 February 2012

Beauty and Fitness

Posted by jacklang on February 20th, 2012 at 10:00am

Health and fitness is success. By currently being physically healthy, it may generate a person glance lean equally inside of and out.

There may be a great deal somebody can do like jogging or walking in the morning, playing basketball or any other sport with associates however, if somebody wishes to have muscular tissues and glance lean, the very best point to complete might be to enroll and workout in a very health and fitness center.

Identical to taking any medication, one need to initial talk to the medical professional ahead of undergoing any kind of work out.

Bodily work out is advantageous due to the fact it helps retain and increase ones wellness from a range of disorders and premature death. In addition, it may make somebody really feel happier and increases ones self esteem preventing one from falling into depression or panic. It?s got also revealed to generate somebody using an active life style dwell longer than a person who does not.

The ideal work out plan need to have cardiovascular and pounds education work outs. This aids burn calories and increase the muscle to fat ratio that can increase ones metabolic process and make one either gain or lose weight.

A person that has by no means labored out ahead of need to do it gradually. Doing it much too considerably to the initial time may make one pull a muscle or have an injury making it even worse. Endurance will never be built in a very day and carrying out it frequently will surely be very good on the person.

Concentrating on a number of part from the system may also help enable it to be increase. A fantastic instance will almost certainly the health and fitness center and carrying out a workout far more normally in a very unique region like for the reason that abs can provide one a chest pack.

But beauty will not be only about possessing muscular tissues which happens to be what folks can see. It?s also about improving the beauty inside.

Here are some important things you can do everyday to remain lovely and balanced;

Reading books along with other reading through materials far more normally keeps the mind sharp much like working out keeps the body in form.

Work whatever type it is produces stress. You can lessen this through the time out to complete some thing unique like lying in a very very hot tub, shopping or watching a film. Experiments have revealed it is reliever and aids one from hunting haggardly.

Pollution is something folks are unable to handle presented the dimensions on the issue. When one goes out, it is very best to place some kind of protection like as beauty goods that consist of antioxidants that guard the epidermis from injury. You will discover also other beauty goods readily available and selecting the best one together with the aid of the skin doctor may also help the individual.

Another method to continue to be balanced is to give up some vices. Plenty of people smoke and drink. Cigarette smoking is proven to bring about lung cancer along with other disorders as well problems for women offering birth. Too much consuming has also revealed to complete the very same.

For folks who never smoke, it is very best to remain absent from folks who do due to the fact scientific studies have revealed that nonsmokers can also be in danger of establishing cancer owing to secondary smoke inhalation.idol white

Lastly, it is very best to usually start the day by using a positive outlook. Just as scientific studies have revealed that work out may make somebody really feel happier, smiling produces the very same result. A smile can do a great deal and it is contagious in a very positive feeling. It brightens the day of not merely one but others as well.

Here are some good sites to see : clear skin max, clear skin max reviews

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Under Personal Product & Services

Source: http://vortexcontracting.info/?p=2138

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Sunday, 19 February 2012

A Glance At Appliance Repair Wayne ? Article Squadron

Briefly, appliances are the equipments that are used on a daily basis. They may be used in homes, industries or even offices. However, whenever they are broken down, hell breaks loose. This hell however is short lived by appliance repair Wayne plus across the whole universe.

Appliances are used basically in doing everything. People interact with them in all aspects of life. The commonest ones are used in cookery, cleaning, heating, air conditioning and ventilation. They have to be able to cut down on costs and operate reliably and for the longest time.

This essential process involves the use of expertise and knowledge. The repairers normally scrutinize the equipments, identify their faults and defaults and then fix them appropriately. They are also expected to provide advisory roles to their clients especially on usage terms.

The strengthening technology and advancement has also seen the introduction of computer aided facilitate. These are commonly referred to as automated repair systems. Their application have made the entire process easy and cut down on costs and time. Nevertheless, they have also initiated easy contacts especially between the manufacturers and clients.

The benefits of repairing broken down devices are numerous. To begin with, the costs and expenses of conducting the whole process are cheaper when compared to those of getting new ones. In addition, they may be made to accommodate any new likings and desires of the customers. Also, the repairers may offer the services of installing and maintaining.

Appliance repair Wayne has been in existence for years and its impact is huge in the Americas and all other continents. It is a very significant portion of the economy that is fast gaining popularity. It is thus necessary to offer it the support especially through trainings and financial assistance to the repairers.

Stop by our site to find out more appliance repair Wayne

Source: http://articlesquadron.com/home-improvement/diy/a-glance-at-appliance-repair-wayne

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Saturday, 18 February 2012

'Red-eyed' Brown leaves Houston's funeral early

By Us Weekly

Bobby Brown, right, leaves the funeral service of his ex-wife, pop singer Whitney Houston, at the New Hope Baptist Church in Newark, N.J., on Saturday, Feb. 18.

Each of the 1,500 invitations to Whitney Houston's funeral in Newark, NJ admits just one, but apparently her ex-husband Bobby Brown did not receive that memo.

According to New Jersey paper The Star Ledger, the R&B singer, 43, arrived outside of the New Hope Baptist Church Saturday afternoon with an entourage of nine people in tow, demanding that they all get seats in the front row.

PHOTOS: Whitney and Bobby's family album

The paper adds that Brown himself was allowed in, but he opted to leave with the rest of the people not admitted.

"He was allowed to go in, pay his respects and then he had to leave," a witness tells Us Weekly. "He was red-eyed going up to the casket and then left. He was there for 15 minutes."

PHOTOS: Whitney Houston, 1963-2012

A source has told Us that there is still underlying tension between Houston's relatives and Brown, who married Houston in 1992. Their divorce was finalized in 2007.

"There are family members who felt Bobby drove Whitney into drugs," one source explained. "But now Bobby is clean and Whitney has unfortunately passed. So there's resentment."

VIDEO: Whitney's ups and downs

Brown is expected to perform at his scheduled concert, which takes place at the nearby New Jersey Performing Arts Center.

UPDATED: Brown issued a statement after the service, explaining his early?departure.

"My children and I were invited to the funeral of my ex-wife Whitney Houston.? We were seated by security and then subsequently asked to move on three separate occasions. I fail to understand why security treated my family this way and continue to ask us and no one else to move.? Security then prevented me from attempting to see my daughter Bobbi-Kristina. In light of the events, I gave a kiss to the casket of my ex-wife and departed as I refused to create a scene. My children are completely distraught over the events. This was a day to honor Whitney. I doubt Whitney would have wanted this to occur. I will continue to pay my respects to my ex-wife the best way I know how."

Related content:

Source: http://todayentertainment.today.msnbc.msn.com/_news/2012/02/18/10443656-red-eyed-bobby-brown-leaves-whitney-houstons-funeral-early

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Decorating Ideas for Barbie Themed Bathrooms Interior Design ...

[unable to retrieve full-text content]Butuhdoa.net - The Home Improvement Blogs. Get all the information about Home Improvement ... Posted in Bathroom, Interior Gallery Design | Tags: bathroom, bathroom decorating ideas, bathroominterior design, room ...

Source: http://www.butuhdoa.net/decorating-ideas-for-barbie-themed-bathrooms-interior-design.html

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Thursday, 16 February 2012

Onswipe Now Recommends Partner Content Throughout Its Network

Screen Shot 2012-02-15 at 8.46.24 AMTablet publishing platform Onswipe is launching its content recommendation throughout its network of publishers today -- introducing a Outbrain like feature where readers are given choices of articles from its?thousands of partners in realtime. (Readers can access the feature by tapping on the Rocketship in the bottom right corner of the page.)

Source: http://feedproxy.google.com/~r/Techcrunch/~3/DUlCvqfWzIA/

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Sunday, 12 February 2012

Creating An Online Business For Your Weight Loss Program

The adhering to article is one of several articles which give attention to Self Improvement, Motivation and Empowerment. Weight training may also produce a healthier heart and give someone more energy. They give various losing weight plans to his or her?s viewers. If you feel you?ll need the support of an group or easy instructions on what to eat health boosting, a paid weightloss system might be the ideal route. Check your calorie consumption everyday, by monitoring together with keeping a food stuff journal to track the fish intake is even necessary.

Having your diet in writing, namely the exercises that you should do and the things that you need to eat and while, may help for you to incentivize you with losing weight. Answering this question the treatment of anxiety first step for which you take when preparing for to design your own private weight loss plans that may assist you to create permanent loss of weight. The body really naturally cannot lose fat on it?s weight loss clinic possess that quickly. Free Weight Reduction versus Paid Pounds LossNext, choose between free fat loss plans and paid lose weight programs. Sure, there are a whole lot of programs that will let you shed unwanted weight quickly, but a successful fat burning will be the one that sustains weight decrease long-term.

In this brand spanking new diet plan you?ll still want to watch the points however, you will use these folks properly by eating abundant in protein and fiber. The only detail that matters in relation to creating permanent weight-loss is the quantity of total calories used, and not should they come mostly from removing extra weight or from carbohydrates for an energy source. A good exercise routine plan will utilize many movements to target the major muscle sets. You may get hold of a paid fat loss plan or join choose to an online and locally operated weightloss process.

You gets carbohydrates from various fruits as well. More people elect to start a weight reducing system in this four weeks, January, than in other month, the question nevertheless is how several of these people actually realize success? For instance, get out for the walk every afternoon, join a local gym that you could get to just after work or from the mornings, or purchase some workout DVDs to try and do at home. This technique tricks serotonin levels and consequently promotes your metabolism to get results at its utmost performance longer. The effectiveness from apple cider vinegar for fat burning has been widely debated without having to proven.

Another essential portion of proper weight training is making use of the right equipment. To reach more effective results, individuals should be permitted to maintain some within their favorite meals especially if no pose treat to slimming objective. Keeping in thought process the changing standards of Exercise in todays overly busy urban environment. Heroes try and lift a lot of weight at just the once. The rewards system are going to be even more effective should you let a friend or someone close help supervise it in order that they will judge if you have had indeed completed a precise milestone of your fat loss plan.

Pro-Point Plus Weight loss program is a experienced, successful diet during which overtook various other renowned lose weight programs men and most women follow today throughout multiple areas, including short- along with long-term weight loss along with the way straightforward it will be. It is straightforward lose weights fast provided that you do not expect an suddenly miracle. In conventional calorie-restricted fat burning plans, while some muscle mass and fat may very well be lost, the body attempts to do something to preserve much more fat stores in addition to utilize more strength for energy. A fast fat loss plan isn?t a miracle ? it?s something you really should think in and develop it! You must look at your daily habit, the types of foods you enjoy, and what yourself needs. Basically, all you needs to do is minimize again over the intensity of ones workouts.

Source: http://hilltown.mobi/?p=565

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Thursday, 9 February 2012

Tips For A Successful Home Improvement Project ? Centired.com ...

Even a little bit of good home improvement advice can put you on the track to completing many useful projects to make your home more livable. The tips in this article can help you achieve those dream projects. Get as much information as you can from the following tips.

If you need to remove any walls or drywall to reach plumbing when doing repairs to kitchens or bathrooms, put up a new wallboard that is water-resistant to avoid future problems. ?Green board?, as it is known in the trade, is water resistant. It will also resist any moisture better than regular boards so is a great choice for this type of use.

To prepare for the winter, don?t forget to insulate your pipes to keep the lines from freezing. You can purchase weatherizing tape that is easy to apply to your plumbing lines. This will keep plumbing lines from freezing and having to be replaced if they burst.

During a major home improvement project, homeowners should not take everything a contractor says at face value. Contractors, even those with stellar reputations, could take advantage of homeowners who place too much trust in them. Always double check before agreeing to increasing the cost of the project or extending the deadline.

Re-caulking the windows in your home will hep you save on utility bills. In addition to the obvious insulation improvements, this can also prevent moisture from seeping in and stimulating mold growth. If the existing caulk has cracks, use a chisel to get rid of it, then re-caulk as necessary.

See if the contractors you are interested in have the proper licenses for your state. This information is available on your state?s official website. You can also place a phone call to the state department that handles these matters. If a contractor is not properly licensed, it can be a wake up call that they are either scam artists or not knowledgeable enough to get licensed.

Anyone can take on some home improvement projects. IF you are patient and stick with it, you will definitely succeed at becoming a skilled home improvement expert. As you grow your skills, you can begin accomplishing home improvement projects that will amaze those around you!

You?ll never have to worry about small woodworking projects again! Visit us on the web at how to build a storage shed to learn more.

This entry was posted on Thursday, February 9th, 2012 at 12:49 pm by Harold M. Williams and is filed under DIY. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Source: http://centired.com/2012/02/tips-for-a-successful-home-improvement-project/

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Wednesday, 8 February 2012

What You Need To Be Aware Of Commercial Real Estate Property ...

Business oriented real-estate is an extremely difficult, time intensive investment. Nevertheless, the incentives can simply outweigh the costs. You should be added mindful and deliberate prudently on what you are investing in, because business oriented real-estate runs by unique legislation at the housing industry. Use these pointers in this posting very carefully to assist you get good results. The purchase of a commercially made property is known as the method that takes a lot longer than purchasing a separate family house. It is going to bring added time to arrange the property so remember that. Don?t attempt to rush and do points too fast seeing as you may possibly BUY BACKLINKS end up making undesirable judgements as a consequence. Reading and understanding the collection of guidelines contained in the above short article, may be initial step to being successful with business oriented real estate investment. The next stage, unquestionably, is usually apply this data to action and make computed styles to ensure that you get good results in lieu of are unsuccessful. A number of recommendations can get you started, but you will need to wrap up.

Creating wealth using a commercial real estate market surely prospect that a great many have snapped benefit of equipped to. You must know the ropes and what to watch out for when you are planning to buy this kind of property to generate a returns switched off of it. Follow these tips.

In case you have a business resources to re-sell, be sure that you inserted in on the market today even though it is productive. The values of commercial real estate investment fall and rise often depending upon the express of economy. So long as you offload time issues are inside a rise you will probably make big returns.

When searching for the most beneficial business oriented website to buy, installment tours of 3 or 4 houses at any given time to examine. You ought to allow about 30 mins per spot as well as the time that it is going to take one to take flight between the diverse spots. This makes it simpler for you to do a comparison of your options. When negotiating, keep yourself stringent using a details you provide. Negotiating dominance relies upon your capability to stay wary. Data relating to your reasons for all the product sale or purchase, your needs, together with other conditions, could all caused your negotiating power being reduced, if introduced too early. The negotiator might find an advantage instead of you rather than the other way around. Find other commercially made property investors in your neighborhood to master from and request concerns of. Maybe you might even discover local connections who have meetings and essential take note audio speakers that is an excellent way to produce information that will assist you in your specific area. It is also a fantastic way to network with each other friends!

Before you start by using a real estate agent, be sure you have the identical ambitions. A genuine holdings firm?s most effective fascination should be to have you purchase property may perhaps be challenging to sell, or very own you disappear at the consumer completely. Be sure to want broadly the same thing, and do a historical past check on the company you are considering functioning with.

Should you have chose to become a property owner, sign up for vital of property managers near your home. ReSouRCE Using added support can be very rewarding. Items likely will go incorrect with each other rental qualities so when definitely, you would need guidance and assets to end up with.

Be sure to demand and analyze fiscal reports and taxes details for a minimum of the past two generations of any business resources you want to buy. Check out expenses such as working charges in the. Be sure to consider every one of the data offered to you and should you not comprehend it, have your real-estate lawyer discuss the documents with you so you have a strong, working understanding of the cost and come back of the resources.

Related posts:

  1. Embody These Tactics To Create The Most From Your Real Estate Investment Sale
  2. The property current market in India is now one of the hottest companies
  3. Suggestions Inside Commercial For Everyone Thinking About Buying A Home

Source: http://www.holm-oak.com/real-estate/what-you-need-to-be-aware-of-commercial-real-estate-property/

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Source: http://aypalsoik.posterous.com/what-you-need-to-be-aware-of-commercial-real

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Gloria Powers, R.I.P. | TVD New Orleans

Her resume called her a cultural anthropologist, event coordinator, and project consultant. But that doesn?t even come close to summing up the life of Gloria Powers (pictured with Kermit Ruffins and John Boutte).

Born in 1945, she was a tireless advocate for the musicians and the music community of New Orleans. I first encountered her when she booked Michael Ray & The Cosmic Krewe. The legendary trumpeter who played with Sun Ra and Kool and the Gang before relocating to New Orleans, led a band that had an ever-changing roster of musicians. ?Glo? was the calm within the chaos of the unique jazz-funk-of-the-future ensemble.

In more recent years, I got to know her better in her role as the Executive Director for the Big Easy Entertainment Awards sponsored by Gambit Weekly. She was a hands-off leader when the diverse and opinionated group of music industry professionals, which picks the nominees and votes on the winners, met each year. After Katrina, she asked me if I would act as ?chairman? of the often-chaotic meeting. I hesitated given the presence of some of the most important behind-the-scenes players on the music scene in New Orleans. But few could resist her entreaties.

A few years later, when my first book was being released, I humbly asked her if I could list ?chairman of the Big Easy Music Committee? on my press materials. Truth be told, my role is more of getting everyone to shut up and focus rather than actually being the chairman. She said yes without hesitation. Her quiet support and gentle demeanor meant the world to me.

That?s how she acted towards everyone she met across the length and breadth of her career. Here?s a brief synopsis of a life in music.

Besides producing the annual galas honoring music and theater performers and partners for Gambit, she also produced the Tribute to the Classical Arts luncheon, which presents awards for classical music, opera, and dance. All of these events required her deep connections in the entire performing arts community of New Orleans. She wore many hats and functioned as manager, public relations coordinator and publicist. Like much of her work, these events are benefits for the Foundation for Entertainment Development and Education.

Powers served as Project Director/Company Manager of the Louisiana Living History Project. For two years she was the Director of the Delta Folklife Festival held in Ferriday, Louisiana and was a consultant to the New Orleans Music Business Institute and its annual Cutting Edge Music Conference, including four years as the Coordinator of the Roots Music Gathering. She served two terms on the Mayor of New Orleans? International Advisory Council. She worked for the New Orleans Jazz & Heritage Festival for seven years and spent three terms on the Music & Entertainment Commission of New Orleans.

If you have ever sat on the Napoleon Avenue neutral ground during one of the breaks at a show at Tipitina?s, you have Gloria to thank for the benches and artwork. She was the Project Director for the Professor Longhair Square sculpture memorial? a public art project of the Professor Longhair Foundation and the Arts Council of New Orleans.

A memorial service for Gloria Powers will be held Friday, February 17, 2012 at 11 AM at Trinity Episcopal Church on Jackson Avenue. Of course, a second line jazz funeral parade will follow.

Source: http://www.thevinyldistrict.com/neworleans/2012/02/gloria-powers-r-i-p/?utm_source=rss&utm_medium=rss&utm_campaign=gloria-powers-r-i-p

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Japan firms talk on system chip tie in reform drive: sources (Reuters)

TOKYO (Reuters) ? Renesas Electronics and two other big Japanese chip makers are in talks to combine their struggling system chip operations in a government-backed deal, sources said, as pressure mounts for drastic reforms to confront stiff global competition.

Fujitsu Ltd, Panasonic Corp and Japan's government-backed Innovation Network Corp, an investment fund, would also be part of the deal, which could outsource production to privately held chip maker GlobalFoundries, sources familiar with the matter said.

Japan's once high-flying chip sector has been forced into a series of mergers and restructuring drives over the past decade to keep up with aggressive competitors in the United States, South Korea and Taiwan, led by Intel Corp and Samsung Electronics.

Under the latest plan, the new company will develop system chips, which serve as the brains of electronic gadgets and automobiles, but outsource production.

The move would revamp a money-losing division for Renesas, a market leader in system chips by sales ahead of Intel and Broadcom Corp, and allow Panasonic and Fujitsu to focus on more profitable businesses.

"This is just one of many options under consideration," one of the sources said, adding that other areas of the chip sector were also under discussion and there could be further twists and turns as talks proceed.

As part of the deal, the sources said California-based GlobalFoundries could also buy cash-strapped Elpida Memory's chip production plant in Hiroshima, while the Nikkei business daily said Elpida, which has been battered by a strong yen and tumbling memory chip prices, would move its DRAM chip production to Taiwan.

The news sparked a surge in chipmaker shares, with Renesas jumping as much as 14 percent to a three-month high of 576 yen and Elpida climbing to an intraday high of 374 yen, up nearly 10 percent. Fujitsu rose 5 percent to 399 yen.

"The first observation is that it looks good for every company -- Elpida, Fujitsu, Panasonic and Renesas," said Yasuo Sakuma, portfolio manager at Bayview Asset Management.

But he remained skeptical.

"It's like the bad parts of a banana, apple and orange getting put together in a mixer to make juice. If you drink that it may taste good the first time. But the juice will go bad in a couple of days."

BAD JUICE?

Renesas, Fujitsu and Panasonic said separately that no decisions had been taken regarding their chip businesses, while Elpida said the report on the sale of the Hiroshima plant was incorrect, but gave no details.

The Nikkei said the three companies were expected to hammer out a basic agreement by the end of March and would aim to set up a new company by the end of this year. But one of the sources suggested the time frame was too ambitious, especially given that various options were under review.

Haruo Sato, senior analyst at Tokai-Tokyo Securities, saw potential snags to an agreement.

"The top management of the three companies would have to reach agreements on tough issues such as allocation of resources, including job cuts. I think it will be extremely hard for them to reach a compromise," he said.

The Japanese government is wary of allowing technology know-how to disappear overseas and used its Innovation Network fund in a similar move last year, announcing plans to merge the small to medium sized liquid crystal display (LCD) panel operations of three firms into a new company.

Japanese chipmakers have been hit hard over the past year by a sluggish economy and a strong yen, with many falling into the red on an operating basis.

Renesas, itself the product of successive mergers of the chip divisions of Hitachi, Mitsubishi Electric and NEC Corp, reported an operating loss of 33.2 billion yen ($430 million) for the nine months to December 31.

Elpida, set up to take over the struggling DRAM operations of several Japanese chipmakers a decade ago and now scrambling to meet debt repayment deadlines in late March and early April, last week posted a wider-than-expected 43.8 billion yen operating loss for the October-December quarter.

Speculation has swirled that Elpida was seeking a rescue deal with U.S. DRAM maker Micron Technology and its Taiwanese technology partner, Nanya Technology, although Elpida President Yukio Sakamoto has played down the need for an immediate equity tie-up.

Japanese chip industry leader Toshiba which has largely remained above the merger fray in recent years, cut its full-year operating profit forecast by one-third to 200 billion yen after posting a 72 percent drop in third-quarter profit.

($1 = 76.95 yen)

(Additional reporting by Nobuhiro Kubo, Miki Kayaoka, Dominic Lau, Emi Emoto and Chikafumi Hodo in Tokyo; Writing by Edmund Klamann, Editing by Richard Pullin)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20120208/tc_nm/us_japan_chips_merger

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