রবিবার, ২৯ জানুয়ারি, ২০১২

US weapons for future include key relics of past (AP)

WASHINGTON ? The lineup of weapons the Pentagon has picked to fit President Barack Obama's new forward-looking defense strategy, called "Priorities for 21st Century Defense," features relics of the past.

They include the Air Force's venerable B-52 bomber, whose current model entered service shortly before Obama was born. There is the even older U-2 spy plane, which began flying in 1955 and burst into the spotlight in May 1960 when Francis Gary Powers was shot down over the Soviet Union.

When Obama went to the Pentagon on Jan. 5 to announce his new defense strategy he said that as the U.S. shifts from a decade of war in Iraq and Afghanistan it will "get rid of outdated Cold War-era systems." He was not specific. But when the first details of the Pentagon's 2013 budget plan were announced Thursday, it was clear that some prominent remaining Cold War-era "systems" will live on.

That includes not just the B-52 bomber and the U-2 spy plane, but also the foundation of U.S. nuclear deterrence strategy: a "triad" of nuclear weapons that can be launched from land, sea, and air. That concept, credited by many for preventing nuclear conflict throughout the Cold War, is now seen by some arms control experts as the kind of outdated structure that the United States can afford to get rid of.

Some think the U.S. should do away with at least one leg of that "triad," perhaps the bomber role. That would not just save money and clear the way for larger reductions in the number of U.S. nuclear weapons ? an Obama goal in line with his April 2009 pledge to seek the elimination of nuclear weapons.

Carl Levin, D-Mich., chairman of the Senate Armed Services Committee, said recently that maintaining the current structure of American nuclear forces was "not in keeping with the modern world." He and like-minded lawmakers argue that nuclear weapons play no role in deterring threats such as global terrorists.

The U.S. now has about 5,000 operational nuclear weapons, about half as many as a decade ago. They can be launched from ballistic missile submarines, from underground silos housing intercontinental ballistic missiles, and from B-52 and B-2 bombers at air bases in Louisiana, North Dakota and Missouri.

The Air Force, which provides the land and air legs of the triad, argues for preserving that Cold War-era configuration.

"It remains our conviction that as you go down (in numbers of nuclear weapons), the triad actually becomes more important," Gen. Norton Schwartz, the Air Force chief of staff, told reporters Friday. "The diversity, the variety, the attributes associated with each leg of the triad reinforce each other to a greater degree."

Both the B-52 and the B-2 are capable of doing more than carrying nuclear weapons. The B-52 has been modernized many times and is now used in a variety of roles, including close-air support of troops in conflict and can carry missiles, bombs and mines. The first of the current H models entered service in May 1961.

The land-based intercontinental ballistic missile (ICBM) force dates to 1959. Ballistic missile subs, known as "boomers," were first launched in 1960; the current Ohio-class fleet dates to 1981.

The administration is nearing completion of an internal review of how many nuclear weapons are required to meet today's security needs; that process will lead to decisions on whether to reshape the nuclear arsenal. That effort is linked to consultations with NATO allies on whether to withdraw the remaining U.S. nuclear weapons from Europe, an arrangement that also is rooted in the Cold War. Also at play is how to set the stage for a new round of nuclear reduction talks with Russia.

The only move the Pentagon is making on the nuclear weapons front in the 2013 budget is a proposed two-year delay in development of a new generation of submarines to replace those how equipped with Trident nuclear missiles.

The Arms Control Association, which favors cutting nuclear weapons, estimates that the new fleet of ballistic missile submarines would cost $350 billion to build and would last for 50 years. It advocates shrinking the number of subs to eight, which is says would save $27 billion over 10 years.

Laicie Olson, senior policy analyst at the Center for Arms Control and Non-Proliferation, said in an interview Friday that she was surprised, given Obama's commitment to reducing the number of nuclear weapons, that the administration is not using its 2013 defense budget to take substantial steps in that direction.

"All of these things are sticking around," she said, referring also to the U-2 spy plane, which was to have been retired in 2015 and replaced by a high-tech successor, the Global Hawk, which is flown without a pilot aboard.

Preserving such Cold War-era weapons "actually seems like the opposite of what the president set out to do," she said.

The Pentagon announced Thursday that the Global Hawk turned out to be a disappointment and no cheaper to use, so it is being canceled. As a result, the Air Force is extending the lifespan of the U-2, nicknamed "Angel" by Kelly Johnson, the Lockheed engineer who helped design the high-altitude spy plane.

Since 1994 the Air Force has spent $1.7 billion to modernize the U-2, whose claims to fame include the October 1962 flights over Cuba that confirmed the presence of Soviet nuclear missiles, touching off the Cuban missile crisis.

___

Online:

Pentagon: http://tinyurl.com/84ouz2u

Center for Arms Control and Non-Proliferation: http://armscontrolcenter.org/

Arms Control Association: http://www.armscontrol.org

___

Robert Burns can be followed on Twitter at http://twitter.com/robertburnsAP

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ap/20120128/ap_on_go_ca_st_pe/us_pentagon_in_with_the_old

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Matt Yglesias Is Wrong About Copyright

Oh, but Caleb, you will say. A lunch is different than an electronic copy of a work of art. And I would answer, Yes, that's true, but that's a separate issue, which I'll get to in a moment. The rationale quoted above depends in no way on the nature of what is taken. It's merely a claim that the economy-boosting spending potential of a thief is not necessarily impaired by his theft, and it can justify, or at least minimize the harm of, the theft of anything, abstract or concrete. It depends in no way on the nature of what is taken. Let's try taking Yglesias' laptop, for example. Here we go. ... Great! Now I have a new laptop. And the money that I was going to spend upgrading mine, I'm now free to spend on a new bicycle! Somebody in Portland will hand-make it, probably. A hipster has been given a job! Yglesias' laptop is my new bicycle! The Internet is so much fun.

Source: http://feeds.slate.com/click.phdo?i=6b9eac2a08a3a776ab52169e99705405

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শনিবার, ২৮ জানুয়ারি, ২০১২

Dow slips to first losing week of 2012 (AP)

NEW YORK ? The stock market closed mostly lower Friday, sending the Dow Jones industrial average to its first losing week of 2012, after the government reported that economic growth was slower at the end of last year than economists expected.

The Dow spent the whole day in the red. It ended down 74 points, or 0.6 percent, at 12,660.46. The loss snapped a three-week winning streak for the Dow, which fell 60 points for the week but is still up 3.6 percent for the year.

The Standard & Poor's 500 struggled above even with an hour to go in trading, but it lost the gains and finished down 2.10 points at 1,316.33. The S&P finished the week up a sliver ? 0.95 points.

The Nasdaq composite, which has more than doubled the Dow's gain for the year, edged up 11.27 to 2,816.55. It rose about 30 points this week.

Economic growth for October through December came in at an annual rate of 2.8 percent. That was the fastest of 2011 but lower than the 3 percent that economists were looking for.

Utility companies led the way down with a fall of 1.3 percent. Most of the other nine industries in the S&P also fell, but only slightly, continuing a curious trading pattern this year: Trading has been calm in the past four weeks, a big change from the violent moves up and down that marked much of 2011.

Friday was the 17th day in a row of moves of less than 100 points up or down for the Dow. The last time the index had a longer period of such small moves was a 34-day stretch that started Dec. 3, 2010.

Despite the drift lower, investors displayed some bullishness.

Roughly two stocks rose for every one that fell on the New York Stock Exchange. And the Russell 2000 index of smaller stocks rose nearly 2 percent for the week. Investors tend to sell stocks in the Russell when they're worried, not buy them, because smaller firms often don't have much cash and other resources when times get tough.

"Risk-taking is picking up," says Jeff Schwarte, a portfolio manager at Principal Global Equities. He says his firm has been buying small firms since late last year. "We're still finding attractive stocks."

Next week, investors will turn their attention to Facebook, the powerhouse social network, which appears headed for the most anticipated initial public offering of stock in years.

The Wall Street Journal, citing people familiar with the matter, said Friday that Facebook could raise as much as $10 billion in an offering that would value the company at $75 billion to $100 billion.

That would vault Facebook into the largest public companies in the world, on par with the likes of McDonald's, Amazon.com and Visa. The Journal said Facebook could file IPO papers as early as Wednesday.

Investors earlier in the week had plenty of reason to hope the indexes would keep moving higher.

On Wednesday, the Federal Reserve announced it would likely keep benchmark interest rates near zero through late 2014, more than a year longer than it previously indicated. That helped send the Dow to its highest close since May.

Also lifting spirits: Apple had its best quarter for profits, trouncing expectations.

On Thursday, the Dow kept rising, briefly passing its highest close since the financial crisis three years ago. But the rally faded after news that new home sales in December had dropped, capping a year that ranked the worst for home sales since record-keeping began in 1963.

Among stocks making big moves Friday:

? Chevron fell more than 2 percent, the most of the 30 stocks in the Dow average, after its quarterly profit and revenue came in well below what analysts were expecting. Oil and natural gas production declined.

? Ford fell 4 percent after reporting disappointing earnings because of weak sales in Europe. The company said its results were also hurt by problems at parts suppliers in Thailand because of flooding there.

? Starbucks fell 1 percent after reporting late Thursday that that full-year results were likely to come in less than expectations.

? Procter & Gamble, which makes Tide, Crest and other consumer products, fell less than 1 percent after cutting its earnings outlook.

? Legg Mason dropped 5 percent after the investment management company's earnings fell by half as clients pulled money out. Legg Mason posted earnings of 20 cents per share. Analysts expected 25 cents, according to FactSet.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_bi_st_ma_re/us_wall_street

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[OOC] Mutant Rivalry

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We are all like fireworks. We climb, shine, and always go our separate ways and become further apart. But even if that time comes, let's not disappear like a firework, and continue to shine forever.
Capt. Hitsugaya Toushiro

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Auricambrflaym
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I like that you added Echo in. I am looking forward to seeing how she'll fit into our new world.

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Auricambrflaym
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শুক্রবার, ২৭ জানুয়ারি, ২০১২

Minnesota laying groundwork for gray wolf hunt (Reuters)

MINNEAPOLIS (Reuters) ? Minnesota officials on Thursday outlined plans to permit a hunting season for the gray wolf this year following its removal from federal endangered species protections, prompting opponents of the plan to consider a court challenge.

Minnesota is home to the largest population of gray wolves in the lower 48 states, about 2,900, and could become the first upper Midwest state to set a hunting season for the animals as they are stripped of federal protections.

Federal officials have withdrawn safeguards under the Endangered Species Act effective Friday, allowing states to decide whether or not to allow the gray wolf to be hunted.

There are about 4,000 gray wolves in Wisconsin, Minnesota, Michigan and adjacent states losing protections. Hunting seasons have not yet been proposed in Wisconsin or Michigan.

Federal court challenges brought by the Humane Society and other groups overturned de-listing bids by the fish and wildlife service in 2007 and 2009.

The Humane Society opposed the latest de-listing, opposes the hunting season and is considering another court challenge, Howard Goldman, the Minnesota state director of the Humane Society, said Thursday in a telephone interview.

"We are looking at the legal side and the biology," Goldman said. "We don't believe the wolf has recovered nationally. It only occupies 5 percent of its historic range."

Wolves were hunted to the edge of extinction nationwide, but populations have recovered to the point of conflict between ranchers, farmers and hunters who see them as a threat to livestock and big-game animals such as deer.

A separate population of about 1,200 wolves in Montana and Idaho were removed from the endangered species list last year under an unprecedented act of Congress.

There were fewer than 750 gray wolves in Minnesota in the 1950s. The population had grown to about 2,900 by the late 1990s, a level that has not changed significantly since, according to state natural resources department estimates.

Minnesota state officials plan to allow 400 gray wolves to be killed in a hunting season in late November and believe the population could sustain a higher quota. They discussed the plans with state lawmakers in committee hearings on Thursday.

(Reporting By David Bailey)

Source: http://us.rd.yahoo.com/dailynews/rss/environment/*http%3A//news.yahoo.com/s/nm/20120127/us_nm/us_minnesota_wolves_hunting

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বৃহস্পতিবার, ২৬ জানুয়ারি, ২০১২

Economy gains as businesses spend more, fire less

JIn this Jan. 6, 2012 photo, John Deere farm tractors are displayed at Sloan's Implement John Deere Dealership, in Virden, Ill. Orders to U.S. factories for long-lasting manufactured goods increased in December after business stepped up spending on machinery and other capital goods. (AP Photo/Seth Perlman)

JIn this Jan. 6, 2012 photo, John Deere farm tractors are displayed at Sloan's Implement John Deere Dealership, in Virden, Ill. Orders to U.S. factories for long-lasting manufactured goods increased in December after business stepped up spending on machinery and other capital goods. (AP Photo/Seth Perlman)

Eva Sikora, left, an administrator at the Real Estate Education Center, discusses job opportunities with attendees at JobEXPO's job fair on Wednesday, Jan. 25, 2012 in New York. The number of people seeking unemployment benefits rose last week, after falling to a nearly four-year low the previous week. (AP Photo/Bebeto Matthews)

This Jan. 18, 2012 photo shows a new home in a development in Pleasant Hills, Pa. Fewer people bought new homes in December, making 2011 the worst sales year on record. (AP Photo/Gene J. Puskar)

Graphic shows durable goods, new home sales and weekly jobless claims

Jason Weinstein, an account manager for Workforce1 Healthcare, discusses job opportunities with attendees at JobEXPO's job fair on Wednesday, Jan. 25, 2012 in New York. The number of people seeking unemployment benefits rose last week, after falling to a nearly four-year low the previous week. (AP Photo/Bebeto Matthews)

(AP) ? Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.

Government figures on manufacturing and unemployment claims released Thursday raised hopes on the eve of a report on how much the economy grew in the October-December quarter.

Still, 2011 ended up as the worst year on record for new-home sales, a reminder that the economy has a long way to go.

"Business optimism seems to be picking up, which is critical to the growth and competitiveness of the U.S. economy over the long haul," said Diane Swonk, chief economist at Mesirow Financial.

Orders for manufactured goods expected to last at least three years rose 3 percent last month, the Commerce Department said. And demand for goods that indicate business investment plans hit an all-time high.

A tax break that expired in December for large equipment purchases may have helped boost orders. Still, many economists said most companies are likely buying equipment simply because business is improving.

Manufacturers "have a real need to ramp up their spending on capital improvements ... because the economy is growing and industrial capacity has not kept up," said Carl Riccadonna, an economist at Deutsche Bank.

That growth was evident after Caterpillar said its fourth-quarter profit jumped 60 percent. The world's largest maker of construction and mining equipment also issued 2012 guidance above Wall Street predictions.

And 3M Co., which makes everything from Post-It Notes to Scotch tape, said sales in its industrial and transportation unit rose 14 percent in the fourth-quarter. The increase was driven by parts for cars and planes.

Factories are busier in large part because businesses are ordering more communication equipment, industrial machinery and autos. Economists pay close attention to demand for such core capital goods, which are considered a good proxy for business investment plans.

In December, orders for core capital goods rose to a record $68.9 billion. That's more than 45 percent higher than the recession low hit in April 2009.

The increase offered some reassurance about the status of the recovery, especially after core capital goods fell in October and November. On Wednesday, the Federal Reserve cited the decline while warning that the economy remains vulnerable.

After seeing the government's report, some economists said those concerns may have been premature.

"With big-ticket spending rising and the labor market firming, the economy is a lot better than some central bankers think," said Joel Naroff, president of Naroff Economic Advisors.

Companies are also laying off fewer workers, which has some economists optimistic about job growth in January.

Weekly applications rose last week to a seasonally adjusted 377,000. But that followed a week in which they fell to near a four-year low. And the longer-term trend is pointing to a healthier job market.

The four-week average has declined to 377,500. When applications fall consistently below 375,000, it tends to signal that hiring is strong enough to lower the unemployment rate.

The nation has added at least 100,000 jobs for six straight months. And the unemployment rate has declined to 8.5 percent ? the lowest rate in almost three years.

Some economists worry that businesses are investing in heavy equipment so they don't need to hire as many workers. But Riccadonna said that recent data show otherwise. Companies spent more in the first half of the year, and hiring picked up several months later.

"You need workers to produce the equipment and you need workers to operate it once it's put it in place," he said.

Growth likely accelerated in the final three months of the year to a 3 percent annual pace, according to a survey of economists by Factset. That would be an improvement over the 1.8 percent pace in July-September quarter, and a relief after seeing 0.9 percent growth in the first half of last year.

The Commerce Department will report the actual figure Friday.

Paul Ashworth, chief U.S. economist at Capital Economics, said the decline in business investment during October and November will be reflected in fourth-quarter growth. He predicts just 2.4 percent growth, even though business investment probably was stagnant during that period.

"The good news is that the growth rate of business investment should accelerate again in the first quarter," Ashworth said. That will help to offset a projected slowdown in consumer spending. He estimates growth in the current quarter at around 2 percent.

In another sign the economy is gaining strength, the Conference Board said its index of leading economic indicators rose in December for the fourth straight month.

Housing remains the weakest part of the economy. New-home sales fell last month, and total sales for 2011 were the lowest on records dating back to 1963.

Still, sales of new homes rose in the final quarter of 2011, supporting other signs of a slow turnaround that began at the end of the year.

Sales of previously occupied homes rose in December for a third straight month. Mortgage rates have never been lower. Homebuilders are slightly more hopeful because more people are saying they might consider buying this year. And home construction picked up in the final quarter of last year.

"A sustained rise in new-home sales is imminent," Ian Shepherdson, chief economist at High Frequency Economics. "Homebuilders say so too, and they should know."

___

AP Real Estate Writer Derek Kravitz contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-01-26-US-Economy/id-fd035db0183242c6b694205ace78e1fb

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School lunches to have more veggies, whole grains (AP)

ALEXANDRIA, Va. ? The first major nutritional overhaul of school meals in more than 15 years means most offerings ? including the always popular pizza ? will come with less sodium, more whole grains and a wider selection of fruits and vegetables on the side.

First lady Michelle Obama and Agriculture Secretary Tom Vilsack announced the new guidelines during a visit Wednesday with elementary students. Mrs. Obama, also joined by celebrity chef Rachael Ray, said youngsters will learn better if they don't have growling stomachs at school.

"As parents, we try to prepare decent meals, limit how much junk food our kids eat, and ensure they have a reasonably balanced diet," Mrs. Obama said. "And when we're putting in all that effort the last thing we want is for our hard work to be undone each day in the school cafeteria."

After the announcement, the three went through the line with students and ate turkey tacos with brown rice, black bean and corn salad and fruit ? all Ray's recipes ? with the children in the Parklawn Elementary lunchroom.

Under the new rules, pizza won't disappear from lunch lines, but will be made with healthier ingredients. Entire meals will have calorie caps for the first time and most trans fats will be banned. Sodium will gradually decrease over a 10 year period. Milk will have to be low in fat and flavored milks will have to be nonfat.

Despite the improvements, the new rules aren't as aggressive as the Obama administration had hoped. Congress last year blocked the Agriculture Department from making some of the desired changes, including limiting french fries and pizzas.

A bill passed in November would require the department to allow tomato paste on pizzas to be counted as a vegetable, as it is now. The initial draft of the department's guidelines, released a year ago, would have prevented that. Congress also blocked the department from limiting servings of potatoes to two servings a week. The final rules have incorporated those directions from Congress.

Among those who had sought the changes were potato growers and food companies that produce frozen pizzas for schools. Conservatives in Congress called the guidelines an overreach and said the government shouldn't tell children what to eat. School districts also objected to some of the requirements, saying they go too far and would cost too much.

The guidelines apply to lunches subsidized by the federal government. A child nutrition bill signed by President Barack Obama in 2010 will help school districts pay for some of the increased costs. Some of the changes will take place as soon as this September; others will be phased in over time.

While many schools are improving meals already, others still serve children meals high in fat, salt and calories. The guidelines are designed to combat childhood obesity and are based on 2009 recommendations by the Institute of Medicine, the health arm of the National Academy of Sciences.

Vilsack said food companies are reformulating many of the foods they sell to schools in anticipation of the changes.

"The food industry is already responding," he said. "This is a movement that has started, it's gaining momentum."

Diane Pratt-Heavner of the School Nutrition Association, which represents school lunch workers, said that many schools won't count pizza as a vegetable even though they can. Students qualifying for subsidized meals must have a certain number of vegetables and other nutritious foods on their lunch trays.

"Most schools are serving fruit or vegetables next to their pizza and some schools are even allowing unlimited servings of fruit or vegetables," Pratt-Heavner said.

Celebrity chef Ray said she thinks too much has been made of the availability of pizza and French fries. The new rules will make kids' lunch plates much more nutrient dense, she said.

"The overall picture is really good," she said. "This is a big deal."

The subsidized meals that would fall under the guidelines are served as free and low-cost meals to low-income children and long have been subject to government nutrition standards. The 2010 law will extend, for the first time, nutrition standards to other foods sold in schools that aren't subsidized by the federal government. That includes "a la carte" foods on the lunch line and snacks in vending machines.

Those standards, while expected to be similar, will be written separately and have not yet been proposed by the department.

___

Online:

USDA school lunch rules: http://www.fns.usda.gov/cnd/Governance/Legislation/nutritionstandards.htm

___

Find Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_go_ca_st_pe/us_healthier_school_lunches

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