Tuesday, March 18, 2008

Reflections On Obama's Speech

If you're watching this speech in the suburbs of Philadelphia and are an undecided voter... please let me know what you thought.

For a biracial candidate living at the cusp of a postmodern era, Barack Obama's identity has been remarkably coherent and well-contained. Rev. Jeremiah Wright's discordant rhetoric poses the first real existential threat to the "Barack Obama" who has captured the hearts and minds of so many Democratic voters -- and, perhaps more importantly, piqued the curious admiration of non-Democrats.

In his speech today, instead of casting Wright out, throwing him overboard, trying to write him off, Obama did the opposite: he incorporated Wright into Barack Obama, LLC. Wright's evolution becomes part of America's evolution, which is part of Obama's story.

In no uncertain terms did Obama renounce -- morally condemn -- the hateful, anti-Semitic, anti-American and just plain bizarre rants of his pastor -- "former pastor," as Obama now calls him. But he did not reject him. He refused to reject him. He is daring, in essence, his white liberal supporters to accept what Wright's anger represents -- a legacy of oppression -- and daring the rest of white supporters to take a leap of faith him... and asking them to expand their minds a bit and see that Wright is preaching in a tradition that has a context that is directly related to the material and spiritual conditions of all Americans.

The sell will be easier for white liberals, I think. The speech was magnificently written. It was internally consistent with Obama apparently believes.

How it plays will determine how it plays. If the media focuses more on the Wright defense-by-renouncements and then juxtaposes them with clips of Wright's comments, then I think the trouble remains. The seeds of doubt about who this guy really is may be nourished. I know that Obama believes that a discussion about race plays to his benefit, no matter what people think about white working class voters and their latent feelings. Perhaps this is the beginning of his opportunity to lift the veil and get everyone -- not just himself and the media -- to talk openly.

Problem is... so far, this is a one way conversation. It's ... well, the tiny media scrum debating Rev. Wright... and Obama preaching to the country. There's no give. There's go back and forth. A one way conversation is a lecture.

CW tells us that white voters tend to become nervous when Democrats and liberals lecture to them -- even when they lecture eloquently and respectfully -- about race. Will they, this time? What do you think?

http://marcambinder.theatlantic.com/archives/2008/03/reflections_on_obamas_speech.php

Friday, March 14, 2008

Bear Stearns banking crisis

US investment bank Bear Stearns has had to be rescued from collapse by the US central bank.

But how serious is this development for the future of the banking system, and what does it say about the credit crunch?

How big is Bear Stearns?

Bear Stearns is one of the major US investment banks which have dominated Wall Street for generations.

Founded in 1923, it is one of the leading global banking firms that operates at the wholesale level, dealing with governments, companies and other financial institutions.

Its core business lines include buying and selling stocks, government and corporate bonds, investment banking, global clearing services, asset management, and private client services.

Before the crisis, it had a market capitalisation of $60bn and assets under management of $350bn, and a global workforce of 15,000.

Why is the bank in trouble?

Bear Stearns has been severely affected by the loss of confidence in credit markets.

The company had invested heavily in sub-prime mortgage instruments and other securities which are now seen as highly risky, and which have fallen sharply in value.

And it had less capital than its rivals, such as Citigroup and Merrill Lynch, who were also heavily exposed, to plug the gap.

Last summer, two of Bear Stearns' hedge funds had to be bailed out, partly precipitating the first stage of the global credit crunch.

Now other banks have become unwilling to lend short-term money to Bear Stearns to keep its operations going.

And that has meant that it no longer has enough cash on hand, known as liquidity, to fund its operations.

How dangerous is the situation?

The worry is that if Bear Stearns collapsed, it would be forced to sell its assets, such as sub-prime mortgage securities, into the market at cut down prices.

This would have lowered their value even further.

And that could have affected the solvency of many other big US banks.

And if other big banks went bust, then credit would dry up rapidly across the whole economy, slowing economic activity.

That is why the New York Federal Reserve felt it had no choice but to intervene to support a short-term rescue deal.

But there may be other banks that are already at risk of reaching a similar position to Bear Stearns.

Why is the rescue being carried out by JP Morgan Chase?

For technical reasons, Bear Stearns was unable to borrow money directly from the New York Federal Reserve.

So the money is coming from one of the biggest US commercial banks instead.

However, they will be able to borrow any of the funds they need for the rescue from the Fed, so their shareholders will not be exposed to any risks.

Will the bank survive in its current form?

It is not clear that Bear Stearns can survive intact.

It is essentially now at the mercy of the market.

JP Morgan Chase, has only committed to provide cash for 28 days, as long as it is underwritten by the US central bank.

JP Morgan Chase is also looking at how to provide long-term financing, and there may be international investors or other banks who want to invest in the stricken bank.

But if it cannot find anyone who wants to back it, then its future may be bleak.

Bear Stearns could be broken up or taken over by JP Morgan.

Or it could sell a big equity stake to a foreign investor, such as a sovereign wealth fund.

http://news.bbc.co.uk/1/hi/business/7296827.stm

Monday, March 10, 2008

World War Two ship found in Norwegian fjord

The wreck of a British warship sunk by the Germans during World War Two, killing more than 100 men, has been discovered on the bottom of a deep fjord in the north of Norway, the Norwegian Navy said.

HMS Hunter went down on April 10, 1940, in the Ofot fjord outside of the Arctic port of Narvik during the first of two battles between the British and the Nazis, during which several other ships were sunk and never seen again in the deep inlet.

"We searched the area where HMS Hunter most likely was located and spent around 14 hours before we found the vessel," said lieutenant Tom Thorgrimsen at KNM Tyr, the ship that made the discovery last week.

A memorial ceremony was held on Saturday for the victims, with over a thousand British and Norwegian soldiers taking part.

KNM Tyr is designed for deep water operations, and was testing new equipment which can reach depths of 1,000 metres below the surface.

HMS Hunter, an H-class destroyer, sank after taking hits from German forces, leading it to collide with another British vessel, HMS Hotspur.

"This is a big fjord, and it has not been a priority to find the vessel earlier," Norwegian Navy spokesman John Inge Oglaend told Reuters, adding that there are thousands of shipwrecks along the Norwegian coast, making work difficult.

Supply of iron ore, which was transported to the ice-free port of Narvik from Kiruna in Sweden was the direct cause of the battles. Both sides wanted to secure its iron supply, used to produce steel, while denying it to the enemy.

http://uk.reuters.com/article/domesticNews/idUKL1015923120080310

Why Use Student Loan Consolidation Services?

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Some of your student loans were from banks or government programs at reasonable interest rates and others were from other kinds of programs where the interest rate may not have been as kind.

Or maybe you just have a series of student loans and each loan is assigned its own payment with its own payment schedule and after a while you start to find your head spinning from all of the dates and amounts that you will have to try and remember and attend to when it is time to pay your bills.

If you find yourself in either of these situations, or any situation that is similar to one of these, then you would definitely benefit from consolidation services.

There are a lot of reasons why you would need consolidation services but mostly the use of the services comes about because of a need to reduce your payments and make your life easier.

On the one hand you can look at such consolidation services to give you a uniform interest rate and save yourself some money on repaying your loans.

In some cases you may have had to take out student loans that offered very high interest rates and now that you have graduated and have begun your first job in the real world you can use student loan consolidation services to help get your college debt under control. It will help get your new life started on the right foot.

A student loan carrying a 20% interest rate can be a huge cloud over your future when you are just starting out. So give yourself a chance and get some student loan consolidation.

That's A Lot Of Loans

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Starting off your life after college buried under student loans can be intimidating, but if you look into student loan consolidation services you can find ways to not only get your monthly debt under control but you may also save yourself some money in the process.

http://www.fundednfree.com/studentloanconsolidationservices.html

Sunday, March 9, 2008

Studies: Iraq costs US $12B per month

The flow of blood may be ebbing, but the flood of money into the Iraq war is steadily rising, new analyses show. In 2008, its sixth year, the war will cost approximately $12 billion a month, triple the "burn" rate of its earliest years, Nobel Prize-winning economist Joseph E. Stiglitz and co-author Linda J. Bilmes report in a new book.

Beyond 2008, working with "best-case" and "realistic-moderate" scenarios, they project the Iraq and Afghan wars, including long-term U.S. military occupations of those countries, will cost the U.S. budget between $1.7 trillion and $2.7 trillion — or more — by 2017.

Interest on money borrowed to pay those costs could alone add $816 billion to that bottom line, they say.

The nonpartisan Congressional Budget Office (CBO) has done its own projections and comes in lower, forecasting a cumulative cost by 2017 of $1.2 trillion to $1.7 trillion for the two wars, with Iraq generally accounting for three-quarters of the costs.

Variations in such estimates stem from the sliding scales of assumptions, scenarios and budget items that are counted. But whatever the estimate, the cost will be huge, the auditors of the Government Accountability Office say.

In a Jan. 30 report to Congress, the GAO observed that the U.S. will be committing "significant" future resources to the wars, "requiring decision makers to consider difficult trade-offs as the nation faces an increasing long-range fiscal challenge."

These numbers don't include the war's cost to the rest of the world. In Iraq itself, the 2003 U.S.-led invasion — with its devastating air bombardments — and the looting and arson that followed, severely damaged electricity and other utilities, the oil industry, countless factories, hospitals, schools and other underpinnings of an economy.

No one has tried to calculate the economic damage done to Iraq, said spokesman Niels Buenemann of the International Monetary Fund, which closely tracks national economies. But millions of Iraqis have been left without jobs, and hundreds of thousands of professionals, managers and other middle-class citizens have fled the country.

In their book, "The Three Trillion Dollar War," Stiglitz, of Columbia University, and Bilmes, of Harvard, report the two wars will have cost the U.S. budget $845 billion in 2007 dollars by next Sept. 30, end of fiscal year 2008, assuming Congress fully funds Bush administration requests. That counts not just military operations, but embassy costs, reconstruction and other war-related expenses.

That total far surpasses the $670 billion in 2007 dollars the Congressional Research Service says was the U.S. price tag for the 12-year Vietnam War.

Although American military and Iraqi civilian casualties have declined in recent months, the rate of spending has shot up. A fully funded 2008 war budget will be 155 percent higher than 2004's, the CBO reports.

The reasons are numerous: the "surge" of additional U.S. units into Iraq; rising fuel costs; fattened bonuses to attract re-enlistments; and particularly the need to "reset," that is, repair or replace worn-out, destroyed or damaged military equipment. Almost $17 billion is appropriated this year for advanced armored vehicles to protect troops against roadside bombs.

Looking ahead, both the CBO and Stiglitz-Bilmes construct two scenarios, one in which U.S. troop levels in Iraq and Afghanistan drop sharply and early — to 30,000 by late 2009 for the CBO, and to 55,000 by 2012 for Stiglitz-Bilmes — and a second in which the drawdown is more gradual.

Significantly, the two studies view different time frames, the CBO calculating possible costs met in the next 10 years, while Stiglitz and Bilmes also include costs incurred during that period but paid for later, such as equipment replaced in post-2017 budgets.

This factor figures most in the category of veterans' medical care and disability payments, where the CBO foresees $9 billion to $13 billion in costs by 2017. Stiglitz and Bilmes, meanwhile, project $422 billion to $717 billion in costs over the lifetime of soldiers who by 2017 are wounded or otherwise mentally or physically disabled by the wars.

"The CBO is only looking 10 years out on everything," Bilmes noted in an interview.

For its part, a CBO critique suggested that Bilmes and Stiglitz might be overstating the expense of treating veterans' brain injuries, a costly category.

The two economists say their calculations are conservative, because they don't encompass many "hidden" items in the U.S. budget. Their basic projections also exclude the potentially huge debt-service cost — on which CBO approximately agrees — and the cost to the U.S. economy of global oil prices that have quadrupled since 2003, an increase analysts blame partly on the Iraq upheaval.

Estimating all economic and social costs might push the U.S. war bill up toward $5 trillion by 2017, they say.

Their book already figures in the stay-or-leave debate over Iraq.

When Stiglitz testified on Feb. 28 before the congressional Joint Economic Committee, the ranking Republican, New Jersey's Rep. Jim Saxton, complained that such projections are too imprecise to help determine relative costs and benefits of the Iraq war.

Saxton said a rapid U.S. pullout could lead to full-scale civil war and Iranian domination of Iraq, "enormous costs" that he said should be weighed in any calculation.

http://news.yahoo.com/s/ap/20080309/ap_on_re_mi_ea/iraq_war_costs

AP probe finds drugs in drinking water

A vast array of pharmaceuticals — including antibiotics, anti-convulsants, mood stabilizers and sex hormones — have been found in the drinking water supplies of at least 41 million Americans, an Associated Press investigation shows.

To be sure, the concentrations of these pharmaceuticals are tiny, measured in quantities of parts per billion or trillion, far below the levels of a medical dose. Also, utilities insist their water is safe.

But the presence of so many prescription drugs — and over-the-counter medicines like acetaminophen and ibuprofen — in so much of our drinking water is heightening worries among scientists of long-term consequences to human health.

In the course of a five-month inquiry, the AP discovered that drugs have been detected in the drinking water supplies of 24 major metropolitan areas — from Southern California to Northern New Jersey, from Detroit to Louisville, Ky.

Water providers rarely disclose results of pharmaceutical screenings, unless pressed, the AP found. For example, the head of a group representing major California suppliers said the public "doesn't know how to interpret the information" and might be unduly alarmed.

How do the drugs get into the water?

People take pills. Their bodies absorb some of the medication, but the rest of it passes through and is flushed down the toilet. The wastewater is treated before it is discharged into reservoirs, rivers or lakes. Then, some of the water is cleansed again at drinking water treatment plants and piped to consumers. But most treatments do not remove all drug residue.

And while researchers do not yet understand the exact risks from decades of persistent exposure to random combinations of low levels of pharmaceuticals, recent studies — which have gone virtually unnoticed by the general public — have found alarming effects on human cells and wildlife.

"We recognize it is a growing concern and we're taking it very seriously," said Benjamin H. Grumbles, assistant administrator for water at the U.S. Environmental Protection Agency.

Members of the AP National Investigative Team reviewed hundreds of scientific reports, analyzed federal drinking water databases, visited environmental study sites and treatment plants and interviewed more than 230 officials, academics and scientists. They also surveyed the nation's 50 largest cities and a dozen other major water providers, as well as smaller community water providers in all 50 states.

Here are some of the key test results obtained by the AP:

_Officials in Philadelphia said testing there discovered 56 pharmaceuticals or byproducts in treated drinking water, including medicines for pain, infection, high cholesterol, asthma, epilepsy, mental illness and heart problems. Sixty-three pharmaceuticals or byproducts were found in the city's watersheds.

_Anti-epileptic and anti-anxiety medications were detected in a portion of the treated drinking water for 18.5 million people in Southern California.

_Researchers at the U.S. Geological Survey analyzed a Passaic Valley Water Commission drinking water treatment plant, which serves 850,000 people in Northern New Jersey, and found a metabolized angina medicine and the mood-stabilizing carbamazepine in drinking water.

_A sex hormone was detected in San Francisco's drinking water.

_The drinking water for Washington, D.C., and surrounding areas tested positive for six pharmaceuticals.

_Three medications, including an antibiotic, were found in drinking water supplied to Tucson, Ariz.

The situation is undoubtedly worse than suggested by the positive test results in the major population centers documented by the AP.

The federal government doesn't require any testing and hasn't set safety limits for drugs in water. Of the 62 major water providers contacted, the drinking water for only 28 was tested. Among the 34 that haven't: Houston, Chicago, Miami, Baltimore, Phoenix, Boston and New York City's Department of Environmental Protection, which delivers water to 9 million people.

Some providers screen only for one or two pharmaceuticals, leaving open the possibility that others are present.

The AP's investigation also indicates that watersheds, the natural sources of most of the nation's water supply, also are contaminated. Tests were conducted in the watersheds of 35 of the 62 major providers surveyed by the AP, and pharmaceuticals were detected in 28.

Yet officials in six of those 28 metropolitan areas said they did not go on to test their drinking water — Fairfax, Va.; Montgomery County in Maryland; Omaha, Neb.; Oklahoma City; Santa Clara, Calif., and New York City.

The New York state health department and the USGS tested the source of the city's water, upstate. They found trace concentrations of heart medicine, infection fighters, estrogen, anti-convulsants, a mood stabilizer and a tranquilizer.

City water officials declined repeated requests for an interview. In a statement, they insisted that "New York City's drinking water continues to meet all federal and state regulations regarding drinking water quality in the watershed and the distribution system" — regulations that do not address trace pharmaceuticals.

In several cases, officials at municipal or regional water providers told the AP that pharmaceuticals had not been detected, but the AP obtained the results of tests conducted by independent researchers that showed otherwise. For example, water department officials in New Orleans said their water had not been tested for pharmaceuticals, but a Tulane University researcher and his students have published a study that found the pain reliever naproxen, the sex hormone estrone and the anti-cholesterol drug byproduct clofibric acid in treated drinking water.

Of the 28 major metropolitan areas where tests were performed on drinking water supplies, only Albuquerque; Austin, Texas; and Virginia Beach, Va.; said tests were negative. The drinking water in Dallas has been tested, but officials are awaiting results. Arlington, Texas, acknowledged that traces of a pharmaceutical were detected in its drinking water but cited post-9/11 security concerns in refusing to identify the drug.

The AP also contacted 52 small water providers — one in each state, and two each in Missouri and Texas — that serve communities with populations around 25,000. All but one said their drinking water had not been screened for pharmaceuticals; officials in Emporia, Kan., refused to answer AP's questions, also citing post-9/11 issues.

Rural consumers who draw water from their own wells aren't in the clear either, experts say.

The Stroud Water Research Center, in Avondale, Pa., has measured water samples from New York City's upstate watershed for caffeine, a common contaminant that scientists often look for as a possible signal for the presence of other pharmaceuticals. Though more caffeine was detected at suburban sites, researcher Anthony Aufdenkampe was struck by the relatively high levels even in less populated areas.

He suspects it escapes from failed septic tanks, maybe with other drugs. "Septic systems are essentially small treatment plants that are essentially unmanaged and therefore tend to fail," Aufdenkampe said.

Even users of bottled water and home filtration systems don't necessarily avoid exposure. Bottlers, some of which simply repackage tap water, do not typically treat or test for pharmaceuticals, according to the industry's main trade group. The same goes for the makers of home filtration systems.

Contamination is not confined to the United States. More than 100 different pharmaceuticals have been detected in lakes, rivers, reservoirs and streams throughout the world. Studies have detected pharmaceuticals in waters throughout Asia, Australia, Canada and Europe — even in Swiss lakes and the North Sea.

For example, in Canada, a study of 20 Ontario drinking water treatment plants by a national research institute found nine different drugs in water samples. Japanese health officials in December called for human health impact studies after detecting prescription drugs in drinking water at seven different sites.

In the United States, the problem isn't confined to surface waters. Pharmaceuticals also permeate aquifers deep underground, source of 40 percent of the nation's water supply. Federal scientists who drew water in 24 states from aquifers near contaminant sources such as landfills and animal feed lots found minuscule levels of hormones, antibiotics and other drugs.

Perhaps it's because Americans have been taking drugs — and flushing them unmetabolized or unused — in growing amounts. Over the past five years, the number of U.S. prescriptions rose 12 percent to a record 3.7 billion, while nonprescription drug purchases held steady around 3.3 billion, according to IMS Health and The Nielsen Co.

"People think that if they take a medication, their body absorbs it and it disappears, but of course that's not the case," said EPA scientist Christian Daughton, one of the first to draw attention to the issue of pharmaceuticals in water in the United States.

Some drugs, including widely used cholesterol fighters, tranquilizers and anti-epileptic medications, resist modern drinking water and wastewater treatment processes. Plus, the EPA says there are no sewage treatment systems specifically engineered to remove pharmaceuticals.

One technology, reverse osmosis, removes virtually all pharmaceutical contaminants but is very expensive for large-scale use and leaves several gallons of polluted water for every one that is made drinkable.

Another issue: There's evidence that adding chlorine, a common process in conventional drinking water treatment plants, makes some pharmaceuticals more toxic.

Human waste isn't the only source of contamination. Cattle, for example, are given ear implants that provide a slow release of trenbolone, an anabolic steroid used by some bodybuilders, which causes cattle to bulk up. But not all the trenbolone circulating in a steer is metabolized. A German study showed 10 percent of the steroid passed right through the animals.

Water sampled downstream of a Nebraska feedlot had steroid levels four times as high as the water taken upstream. Male fathead minnows living in that downstream area had low testosterone levels and small heads.

Other veterinary drugs also play a role. Pets are now treated for arthritis, cancer, heart disease, diabetes, allergies, dementia, and even obesity — sometimes with the same drugs as humans. The inflation-adjusted value of veterinary drugs rose by 8 percent, to $5.2 billion, over the past five years, according to an analysis of data from the Animal Health Institute.

Ask the pharmaceutical industry whether the contamination of water supplies is a problem, and officials will tell you no. "Based on what we now know, I would say we find there's little or no risk from pharmaceuticals in the environment to human health," said microbiologist Thomas White, a consultant for the Pharmaceutical Research and Manufacturers of America.

But at a conference last summer, Mary Buzby — director of environmental technology for drug maker Merck & Co. Inc. — said: "There's no doubt about it, pharmaceuticals are being detected in the environment and there is genuine concern that these compounds, in the small concentrations that they're at, could be causing impacts to human health or to aquatic organisms."

Recent laboratory research has found that small amounts of medication have affected human embryonic kidney cells, human blood cells and human breast cancer cells. The cancer cells proliferated too quickly; the kidney cells grew too slowly; and the blood cells showed biological activity associated with inflammation.

Also, pharmaceuticals in waterways are damaging wildlife across the nation and around the globe, research shows. Notably, male fish are being feminized, creating egg yolk proteins, a process usually restricted to females. Pharmaceuticals also are affecting sentinel species at the foundation of the pyramid of life — such as earth worms in the wild and zooplankton in the laboratory, studies show.

Some scientists stress that the research is extremely limited, and there are too many unknowns. They say, though, that the documented health problems in wildlife are disconcerting.

"It brings a question to people's minds that if the fish were affected ... might there be a potential problem for humans?" EPA research biologist Vickie Wilson told the AP. "It could be that the fish are just exquisitely sensitive because of their physiology or something. We haven't gotten far enough along."

With limited research funds, said Shane Snyder, research and development project manager at the Southern Nevada Water Authority, a greater emphasis should be put on studying the effects of drugs in water.

"I think it's a shame that so much money is going into monitoring to figure out if these things are out there, and so little is being spent on human health," said Snyder. "They need to just accept that these things are everywhere — every chemical and pharmaceutical could be there. It's time for the EPA to step up to the plate and make a statement about the need to study effects, both human and environmental."

To the degree that the EPA is focused on the issue, it appears to be looking at detection. Grumbles acknowledged that just late last year the agency developed three new methods to "detect and quantify pharmaceuticals" in wastewater. "We realize that we have a limited amount of data on the concentrations," he said. "We're going to be able to learn a lot more."

While Grumbles said the EPA had analyzed 287 pharmaceuticals for possible inclusion on a draft list of candidates for regulation under the Safe Drinking Water Act, he said only one, nitroglycerin, was on the list. Nitroglycerin can be used as a drug for heart problems, but the key reason it's being considered is its widespread use in making explosives.

So much is unknown. Many independent scientists are skeptical that trace concentrations will ultimately prove to be harmful to humans. Confidence about human safety is based largely on studies that poison lab animals with much higher amounts.

There's growing concern in the scientific community, meanwhile, that certain drugs — or combinations of drugs — may harm humans over decades because water, unlike most specific foods, is consumed in sizable amounts every day.

Our bodies may shrug off a relatively big one-time dose, yet suffer from a smaller amount delivered continuously over a half century, perhaps subtly stirring allergies or nerve damage. Pregnant women, the elderly and the very ill might be more sensitive.

Many concerns about chronic low-level exposure focus on certain drug classes: chemotherapy that can act as a powerful poison; hormones that can hamper reproduction or development; medicines for depression and epilepsy that can damage the brain or change behavior; antibiotics that can allow human germs to mutate into more dangerous forms; pain relievers and blood-pressure diuretics.

For several decades, federal environmental officials and nonprofit watchdog environmental groups have focused on regulated contaminants — pesticides, lead, PCBs — which are present in higher concentrations and clearly pose a health risk.

However, some experts say medications may pose a unique danger because, unlike most pollutants, they were crafted to act on the human body.

"These are chemicals that are designed to have very specific effects at very low concentrations. That's what pharmaceuticals do. So when they get out to the environment, it should not be a shock to people that they have effects," says zoologist John Sumpter at Brunel University in London, who has studied trace hormones, heart medicine and other drugs.

And while drugs are tested to be safe for humans, the timeframe is usually over a matter of months, not a lifetime. Pharmaceuticals also can produce side effects and interact with other drugs at normal medical doses. That's why — aside from therapeutic doses of fluoride injected into potable water supplies — pharmaceuticals are prescribed to people who need them, not delivered to everyone in their drinking water.

"We know we are being exposed to other people's drugs through our drinking water, and that can't be good," says Dr. David Carpenter, who directs the Institute for Health and the Environment of the State University of New York at Albany.

http://news.yahoo.com/s/ap/20080309/ap_on_re_us/pharmawater_i

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Saturday, March 8, 2008

Vigilantes take over Rio shanty towns

The sprawling favelas of Rio de Janeiro are home to more than a million of Brazil's poorest citizens.

Many of these shanty towns are controlled by drug gangs, and there are regular and violent confrontations with the police.

But a growing number of these neighbourhoods are being taken over by what are known here as militias, complicating an already difficult security situation.

These are vigilante-style operations run by off-duty or former police officers and firemen, who throw out the drug gangs and claim to offer protection to the community, but at a price.

"The payments we have discovered they get are very attractive," Rio police investigator Claudio Ferraz told the BBC News website.

"Because literally they occupy an area and charge a fee or a payment, almost like a tax inside that community, like a lord of the manor. They have complete power over some areas."

Militias have been around for some time, but analysts believe the number has been growing in recent years, while the authorities insist they are trying to deal with the threat.

However while there has been some police action against suspected militia groups, questions have also been raised about whether the police in Rio can deal effectively with corruption among their colleagues.

In the favelas, few want to talk openly about militias - and one representative from a local community group would only speak without being identified.

"They control everything, they make demands, they kill. If you don't follow their way and do what they say, you go straight to the grave," the woman said.

'Safest area in Rio'

Critics say it is the failure of the state to establish itself in Rio's poorest communities which has allowed the drug gangs and militias to move in and take over.

The favela of Tavares Bastos seems to show that things can be different.

With a spectacular view of Rio de Janeiro this is one of the few shanty towns in Rio de Janeiro not controlled by drug gangs or militias.

The reasons for this are obvious - just a short distance up the hill is the headquarters of Bope, the heavily-armed elite squad of Rio's police.

Not everyone in Rio admires the city's elite police unit, which has been accused of many human rights violations. But in the community of Tavares Bastos people say the proximity of this specialist force has brought a unique quality of life to their favela.

"This community has become, with Bope here, the safest area in Rio de Janeiro," says one man. "We don't have any more drug traffickers or thieves, and our children can live peacefully, without fear."

A woman added: "We don't have traffickers here any more, we don't have robbers. Now, it's very quiet."

But in other parts of Rio the picture is more sinister, and as many as 100 of the more than 700 favelas in Rio may now be controlled by militias, although the authorities say it is difficult to be exact.

And while the state government in Rio says it wants to eliminate these self-appointed vigilantes, at least one politician puts forward a controversial argument for a different approach.

"They offer security and in this way they can maintain order and discipline in their communities - what they call militias," says Jair Bolsonaro, a deputy in the Brazilian congress.

"The government should support them, as they don't have the ability to combat the drug traffickers - and perhaps in the future they should legalise them."

'Kind of dictatorship'

It seems in some communities there is a level of acceptance, even support for militias, as a preferred alternative to drug gangs, and this can also reflect a lack of trust in the police.

But the authorities and other observers say militias control communities using fear and violence, demanding payments for services such as gas and cable TV, even at times controlling access to the internet.

"I think militias are much worse than drug traffickers," said Gilberto Ribeiro, Rio's police chief.

"They fight the traffickers because they want to take over the area and afterwards they start to subjugate the people and create illegal benefits for their own good."

"It's really frightening to realise that these people in these poor communities are living under a different kind of dictatorship," says Julita Lemgruber, director of the centre of studies of security and citizenship at the University of Candido Mendes in Rio.

"These are groups that are illegally armed and illegally controlling a territory."

For one experienced former police officer the reasons all this has happened is obvious.

"There aren't enough police to occupy 700 favelas," former police captain Rodrigo Pimentel told Brazil's TV Globo network in a special report on militias. "This is a fact.

"The militias place protection shifts with 15, 20 or 40 men in the communities. The average is around 15 to 20. They implement their protection shifts which have a price. So it is not easy.

"The state cannot do it - to occupy 700 communities - and the militia can."

For the often beleaguered communities of Rio's favelas, the militias say they offer security the state has failed to provide.

In reality, it seems they are just another indication of the violence and lack of proper government which continues to blight the lives of those who live here.

http://news.bbc.co.uk/go/pr/fr/-/2/hi/americas/7283640.stm

Getting Your Student Loans Forgiven

Some students run up hundreds if not thousands of dollars in student loans during their college days. By the time they leave school they are often on the brink of bankruptcy.

If you are one of them - up to your forehead in debts and can not seem to payoff off even the minimum repayments of your student debts. Even while you work three jobs and don't get any sleep at all. You might consider filing for bankruptcy.

Yes, filing for bankruptcy a few months after graduating from college looks bad but it may be your only way out of the mountain of loans that you have accumulated during your college days.

Filing For Bankruptcy

Filing for bankruptcy has become increasingly difficult. It can be tricky. Note that there is more to bankruptcy proceedings than filling out forms and signing a few documents.

As part of the bankruptcy procedure, you will need to appear before a judge who will determine whether or not you are qualified for bankruptcy. Plus it will be pointed out what things you are entitled to based on your personal situation.

Things can be quite confusing at this point so you need to do your homework well. If you cannot afford to get a lawyer to do the dirty works for you, you had better learn everything you can about bankruptcy.

Note that when you file for bankruptcy, the authorities will have to divest you of your properties to pay for your existing loans.

The good news is that there are certain personal properties that are exempt from garnishment. When doing research on bankruptcy, you need to pay close attention on the properties that are exempt.

Read the law on bankruptcy thoroughly. If there is something that you do not understand about the law, ask somebody from the courts to explain it to you.

On the other hand, if you are too confused to get things organized on your own, it is best to consult a bankruptcy lawyer to handle your case for you. There are a number of good bankruptcy lawyers that can help you figure out what to.

The positive thing about hiring a bankruptcy lawyer is that this person is a specialist and knows how to get most if not all of your student loans forgiven.

Such a lawyer understands your financial difficulties. But keep your eyes open so that you will not be taken advantage of in the unlikely event that you have encountered an unscrupulous individual.

http://www.fundednfree.com/studentloan.html

Friday, March 7, 2008

Obama advisor sorry for calling Clinton a 'monster'

A key foreign policy advisor to Barack Obama has apologised, after branding his White House foe Hillary Clinton a "monster" who would stoop to anything to win the Democratic nomination.

Samantha Power made the explosive comments in an interview with the Scotsman newspaper, in the latest sign that Obama's once flawless campaign is feeling the heat from increased pressure from the Clinton camp.

"We f***d up in Ohio," Power told the Scottish daily, referring to the Illinois senator's loss to the former first lady in the midwestern state in Tuesday's primary.

"In Ohio, they are obsessed and Hillary is going to town on it, because she knows Ohio's the only place they can win," Power was quoted as saying.

"She is a monster, too -- that is off the record -- she is stooping to anything," Power said.

"You just look at her and think 'Ergh.'"

The Obama campaign attempted to tamp down the controversy, putting out a statement by Power, and disavowing her remarks.

"These comments do not reflect my feelings about Senator Clinton, whose leadership and public service I have long admired," Power said in her statement

"I should not have made these comments and I deeply regret them. It is wrong for anyone to pursue this campaign in such negative and personal terms.

"I apologize to Senator Clinton and to Senator Obama, who has made very clear that these kinds of expressions should have no place in American politics."

Obama's spokesman Bill Burton said his boss "decries such characterizations which have no place in this campaign."

The latest nasty twist to the campaign came a day after the New York senator's camp accused Obama's team of acting like Clinton nemesis, special prosecutor Ken Starr, in its attempts to force her to publish her tax returns.

Power's comments came as she was interviewed in London promoting her book on UN representive Sergio Vieira de Mello, who was killed in a suicide bomb attack in Baghdad in 2003.

Power is a professor of Global Leadership and Public Policy at Harvard University's Kennedy School of Government. Her previous book "A Problem from Hell": America and the Age of Genocide, won a Pulitzer Prize.

http://afp.google.com/article/ALeqM5icKWjCKekIqO-A0iIcrN6gF4JyTQ

Thursday, March 6, 2008

'Idol' picks top 12

The top 12 "American Idol" finalists include an actress, a "Star Search" champion, an Australian, a male stripper and someone who already recorded a debut album.

The popular Fox singing contest cut four contestants from the competition Thursday night, leaving a dozen finalists to vie for the show's record contract grand prize.

Next week, for the first time in the show's seven-year history, contestants will be allowed to sing Lennon-McCartney Beatles songs. ("Idol" producers recently secured rights for participants to perform the hard-to-get songs belonging to Sony/ATV Music Publishing, a company formed by Sony and Michael Jackson.)

More than 36 million votes were cast by viewers to pick the top 12, according to host Ryan Seacrest.

Among the finalists: Syesha Mercado, a 21-year-old actress who's appeared in a commercial for Ford; David Archuleta, a 17-year-old crooner who won CBS' "Star Search" in 2003 at age 12; and Michael Johns, a 29-year-old rocker who moved from Australia to the U.S. in 1998.

Four contestants — two women and two men — were sent home Thursday.

Kady Malloy, 18, from Houston, was the first to get the boot during the live telecast. Judge Simon Cowell called Malloy "forgettable" after she sang Queen's "Who Wants To Live Forever" on Wednesday's female performance show.

Luke Menard, 29, from Crawfordsville, Ind., was dismissed second. Menard appropriately reprised his performance from Tuesday's '80s-themed male performance show: "Wake Me Up Before You Go-Go."

Asia'h Epperson, 19, from Joplin, Mo., was third to go-go. Cowell had called Epperson a "second-rate" Whitney Houston after her rendition of "I Wanna Dance with Somebody."

Danny Noriega, 18, from Azusa, Calif., was the last semifinalist to be expelled. The over-the-top contestant, who sang "Tainted Love," was in tears following his removal. Seacrest called him "one of our most courageous performers ever."

Some of the 12 "Idol" finalists have already been at the center of personal controversies this season.

Carly Smithson and Kristy Lee Cook made headlines for having a pre-"Idol" record deals. Smithson's debut "Ultimate High" was released in 2001 by MCA Records. David Hernandez was outed as a male stripper at Dick's Cabaret in Phoenix to The Associated Press by the club manager Gordy Bryan. And a drunken driving arrest mugshot of Amanda Overmyer made the rounds on blogs.

The top 12 "American Idol" finalists:

• David Archuleta, 17, Murray, Utah

• Jason Castro, 20, Rockwall, Texas

• David Cook, 25, Blue Springs, Mo.

• Kristy Lee Cook, 24, Selma, Ore.

• Chikezie Eze, 22, Inglewood, Calif.

• David Hernandez, 24, Glendale, Ariz.

• Michael Johns, 29, Los Angeles

• Ramiele Malubay, 20, Miramar, Fla.

• Syesha Mercado, 21, Sarasota, Fla.

• Amanda Overmyer, 23, Mulberry, Ind.

• Carly Smithson, 24, San Diego

• Brooke White, 24, Mesa, Ariz.

http://news.yahoo.com/s/ap/20080307/ap_en_tv/tv_american_idol_5

Eve Carson, UNC Student Body President, Found Dead

Eve Carson, the student body president at the University of North Carolina-Chapel Hill, was found dead near campus Wednesday morning. Her body was identified Thursday.

Carson, a 22-year old senior at UNC, was found shot multiple times in the head about a half-mile from campus.

Police have issued a bulletin for Carson's blue 2005 Toyota Highlander with Georgia license plate AIV-6690.

Carson, a native of Athens, Ga., was a Morehead scholar and a member of the Phi Beta Kappa honor society. She was on the pre-med track, majoring in both political science and biology.

http://www.transworldnews.com/NewsStory.aspx?id=39372&cat=15

Wednesday, March 5, 2008

Explosion in Plum, PA Leaves Elderly Man Dead, Child Injured

Atlanta, GA 3/05/2008 10:24 PM GMT (FINDITT)

An explosion in Plum, Pennsylvania that damaged 15 homes killed an elderly man and left his four-year old granddaughter injured on Wednesday.

The explosion happened around 1:40 p.m in the rural Pennsylvania town.

One person was taken to Mercy Hospital, but a spokeswoman couldn't disclose any information. The young girl was taken to Children's Hospital of Pittsburgh, but a spokesman has no information.

The entire neighborhood was evacuated and a temporary shelter was being set up at a nearby elementary school.

Plum is about 15 miles east of Pittsburgh, PA.

http://www.transworldnews.com/NewsStory.aspx?id=39271&cat=11

Texas caucus results give Obama a boost

Barack Obama regained lost ground in the fierce competition for Democratic convention delegates on Wednesday based on results from the Texas caucuses, partially negating the impact of Hillary Rodham Clinton's string of comeback primary victories.

Late returns showed Clinton emerged from Rhode Island, Vermont, Texas and Ohio with a gain of 12 delegates on her rival for the night, with another dozen yet to be awarded in the Associated Press' count.

That left Obama with an overall lead of 101 delegates, 1,562-1,461 as the rivals look ahead to the final dozen contests on the calendar. It takes 2,025 to win the nomination.

The two presidential contenders made the rounds of the morning television news shows, agreeing on little -- except that their historic struggle would continue at least until the Pennsylvania primary on April 22.

That left six weeks for public campaigning, and for private appeals to party leaders, known as superdelegates, who attend the convention but are not chosen in primaries or caucuses.

Clinton has the support of 241 superdelegates, and Obama 202. But more than 350 remain uncommitted, a large enough bloc to swing the nomination should they band together.

Clinton, in particular, projected confidence on the day after her candidacy-saving victories, suggesting she might want Obama as her vice presidential running mate.

"That may be where this is headed, but of course we have to decide who is on the top of ticket. I think the people of Ohio very clearly said that it should be me," she said on CBS.

Obama no doubt had other thoughts.

He said he would prevail in the nominating battle despite facing a tenacious candidate who "just keeps on ticking."

Democrats plunged into the next round of their campaign as Republican John McCain was visiting the White House to confirm his status as the party's nominee-in-waiting. Lunch with President Bush headlined his day.

Bitter rivals in the 2000 presidential primaries, the two have forged an uneasy relationship during Bush's administration and have clashed on issues such as campaign finance, tax cuts, global warming and defining torture.

There were 370 Democratic delegates at stake in Tuesday's contests, and nearly complete returns showed Clinton outpaced Obama in Ohio, 74-65, in Rhode Island, 13-8, and in the Texas primary, 65-61.

Obama won in Vermont, 9-6, and was ahead in the Texas caucuses, 30-27. Ten of the dozen that remained to be awarded were in Texas; the other two in Ohio.

"We still have an insurmountable lead," Obama said.

Clinton and Obama spent most of the past two weeks in Ohio and Texas in a bruising campaign, with the former first lady questioning his sincerity in opposing the North American Free Trade Agreement and darkly hinting he's not ready to be commander in chief in a crisis.

Based on their current delegate counts, neither candidate can win enough delegates in the remaining primaries and caucuses to secure the nomination without the help of nearly 800 party officials and top elected officials who also have a voice in the selection. On Wednesday, Clinton and her campaign clearly aimed their case at those so-called "superdelegates" -- a strategy that could take the nomination fight all the way to the party's August national convention in Denver.

"New questions are being raised, new challenges are being put to my opponent," she said. "Superdelegates are supposed to take all that information on board and they are supposed to be exercising the judgment that people would have exercised if this information and challenges had been available several months ago."

She said voters are being drawn to her argument that she would be the better commander in chief, the best steward of the economy and that she can better confront McCain in the general election.

Obama countered that on a key national security issue -- the war in Iraq -- "she got it wrong" by supporting Bush's call for authority to use of force.

As for superdelegates, Obama said he expected them to rally around him.

"I don't think it will necessarily go to the convention floor," he told reporters aboard his plane before taking off from San Antonio for Chicago.

He also said he will challenge Clinton on her foreign policy credentials.

"Was she negotiating treaties? Was she handling crises? The answer is no," he said. "She made a series of arguments on why she should be a superior candidate. I think it's important to examine that argument."

The count does not include delegates from Florida and Michigan, who were penalized by the Democratic Party for moving up their primaries ahead of a schedule set by the Democratic National Committee. None of the Democratic candidates campaigned in either state. But Clinton, who won the popular vote in both state primaries, on Wednesday renewed her call for Florida and Michigan to be counted in the nomination race.

"It's a mistake for the Democratic Party to punish these two states," she said. "I don't see how a Democratic nominee goes forward alienating two of the most important states."

McCain surpassed the 1,191 delegates needed to win his party's nomination against odds that seemed steep only a few months ago, and all but impossible last summer.

Facing a couple of well-financed marquee candidates in a crowded field, the Arizona senator opened his comeback in New Hampshire's leadoff primary, rolled over Rudy Giuliani in Florida and finished off Mitt Romney after Super Tuesday on Feb. 5.

Mike Huckabee hung in until Tuesday night, gamely keeping up the fight weeks after dropping from long shot to afterthought.

http://www.detnews.com/apps/pbcs.dll/article?AID=/20080305/POLITICS01/803050454

Sunday, March 2, 2008

Remote Area Medical

The nationally respected TV news program, 60 MINUTES, will air this Sunday night March 2nd at 7:00 PM eastern time on the CBS network. The lack of health care coverage for the poor in the U.S. and Remote Area Medical's work among them will be the focus. Please try to watch this important program.

http://www.ramusa.org/