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Monday, June 1, 2009

In a televised speech from the White House at 16:00 UTC today, President of the United States Barack Obama presented a reorganization plan following the 12:00 UTC announcement by General Motors that it had filed for bankruptcy and Chapter 11 protection from its creditors, the largest bankruptcy of a U.S. manufacturing company.

Describing the problem with the company as one that had been “decades in the making,” Obama explained the rationale behind his proposed reorganization plan for General Motors. He stated that his intent was not to “perpetuat[e] the bad business decisions of the past,” and that loaning General Motors money, when debt was its problem, would have been doing exactly that. His plan, he stated, was for the United States government, in conjunction with the governments of Canada and Ontario (which he thanked for their roles alongside the government of Germany which he thanked for its role in selling a corporate stake in GM Europe), to become shareholders in General Motors. The United States government would hold a 60% stake. The government will give GM a capital infusion of US$30 billion in addition to the funds it has already received.

Of the government ownership he stated that he refused “to let General Motors and Chrysler become wards of the state”, and described the bankruptcy of Chrysler, and the bankruptcy of General Motors that he envisioned as being “quick, surgical, bankruptcies”. He pointed to the bankruptcy of Chrysler as an example of what he envision for General Motors, but stated that General Motors was a “more complex company” than Chrysler.

Responding to challenges voiced by political opponents, before the speech, that the federal government would actively participate in the affairs of the restructured company, he stated that he had “no interest” in running GM, and that the federal government would “refrain from exercising its rights” as a corporate shareholder for the most part. In particular, he stated that the federal government would not exercise its rights as a shareholder to dictate “what new type of car to make.” He stated that he expected the restructured GM to make “high quality, safe, and fuel-efficient cars of tomorrow,” and several times described what he anticipated as “better” and “fuel-efficient” cars, after a streamlining of GM’s brands.

He said to the general public that “I will not pretend that the hard times are over.” He described the financial hardship that some — shareholders, communities based around GM plants, GM dealers, and others — would undergo as a “sacrifice for the next generation” on their parts, so that their children could live in “an America that still makes things,” concluding that one day the United States might return to a time when the maxim (a widely-repeated mis-quotation of what Charles Erwin Wilson once testified before the U.S. Senate when nominated for the position of Secretary of Defense) would once more be true that “what is good for General Motors is good for the United States of America.”

Saturday, March 28, 2009

The 108-floor central component of the new World Trade Center in New York City has been officially renamed 1 World Trade Center, ending the Freedom Tower moniker it had sported since 2003.

Freedom Tower was envisioned as a symbol of America’s victory over terrorism. It is currently on track for completion in 2013, with 10 floors partially finished so far.

Port Authority Chairman Anthony Coscia commented on the change, “It’s the one that is easiest for people to identify with — and frankly, we’ve gotten a very interested and warm reception to it.”

Former Governor George Pataki, who revealed the Freedom Tower name nearly six years ago, was critical of the switch, saying “The Freedom Tower is not simply another piece of real estate and not just a name for marketing purposes.”

1 World Trade Center has been the building’s legal name and address for the past two years, with the public change precipitated by the ramp up of construction and the commencement of lease marketing.

Mayor Michael Bloomberg seemed ambivalent to the change, saying “I would like to see it stay the Freedom Tower, but it’s their building, and they don’t need me dumping on it. If they could rent the whole thing by changing the name, I guess they’re going to do that, and they probably, from a responsible point of view, should. From a patriotic point of view, is it going to make any difference?”

The change was approved following the signing of a two-decades-long lease by a Chinese real estate company, which plans to occupy floors 64 through 69. Other future tenants include the U.S. General Services Administration and the New York State Office of General Services.

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Friday, June 6, 2014 File:Queen Elizabeth II delivering 2013 Queen’s Speech.jpg

Queen Elizabeth II formally reopened Parliament on Wednesday and announced the legislative agenda of the UK government for the final year of the Coalition’s five year term. New measures introduced covered crime, the economy, energy and house building.

The next year of legislative changes would, the speech claimed, “deliver on [the government’s] long-term plan to build a stronger economy and a fairer society”. On economics, it promised the government would continue to lower taxes, produce an updated Charter for Budget Responsibility to “ensure that future governments spend taxpayers’ money responsibly”, and continue reduction of the deficit.

On employment law, the Queen’s Speech announced reduction in employment tribunal delays and plans to try and “improve the fairness of contracts for low paid workers” — a response to “zero-hours” contracts. The Institute of Directors support reforms to zero-hours contracts, specifically by removing “exclusivity” clauses. The speech also announced the introduction of a “collective pension” system similar to schemes in use in the Netherlands.

The government is also to increase penalties on companies that do not pay employees minimum wage, and reform National Insurance contributions by self-employed people. The government also plans to extend the ISA and Premium Bond savings schemes and abolish the 10% tax rate on savings. The speech also promised more house building, and also to introduce legislation to reduce the use of plastic bags.

The speech announced the government would seek to pass a new Serious Crime Bill “to tackle child neglect, disrupt serious organised crime and strengthen powers to seize the proceeds of crime”. Another bill will be introduced to deal with modern slavery and human trafficking and to support victims of these offences. The speech also said the government “will lead efforts to prevent sexual violence in conflict worldwide”.

The Serious Crime Bill would also include an increase in the sentence for those who bring about “cyberattacks which result in loss of life, serious illness or injury or serious damage to national security, or a significant risk thereof”. Under the Computer Misuse Act 1990, these are currently subject to a ten year prison sentence, but the punishment would now risk imprisonment for life. Punishment for cyberattacks that cause “a significant risk of severe economic or environmental damage or social disruption” would increase from the current ten year maximum tariff to fourteen years.

Jim Killock from the Open Rights Group said existing laws already allow effective prosecution of those engaging in cyberattacks.

The speech also announced legislation would be introduced “to provide that where a person acts heroically, responsibly or for the benefit of others, this will be taken into account by the courts”.

Constituents would be able to “recall” an MP who had been found guilty of misconduct under a proposed law that will be debated. The Conservative MP Zac Goldsmith described the current plans as “meaningless” and said voters had been “duped”. The Bill would force a by-election if 10% of voters signed a petition within eight weeks, but only if a Commons committee had decided the MP could be recalled. This latter requirement will make it “impossible to recall anyone” according to Goldsmith.

Business minister Michael Fallon defended the recall proposals: “we have to protect MPs from being recalled by people who just disagree with them[…] What you have to ensure is an MP can’t be hounded out just because people disagree with them back in their constituency.”

Deputy Prime Minister Nick Clegg said he agreed with Goldsmith the bill was not perfect, and he wanted “a radical California-style recall” system, but he had settled for a “modest” bill to satisfy “Conservative Party resistance”. Goldsmith claimed Clegg had been “the architect of the current Recall Bill”.

Tim Aker, head of policy for the UK Independence Party, said: “The decision to only offer recall voting on a signed-off-by-Parliament-basis reflects a political class that does not know, does not trust and certainly does not represent its people.”

The speech included measures to make it easier for businesses to engage in hydraulic fracturing (“fracking”) of shale gas. The Institute of Directors said laws “must be updated if the UK is to enjoy the benefits of our shale potential”, specifically by scrapping laws on trespass to allow the gas extraction to occur. The British Chamber of Commerce also support such a reform: “While fracking may be unpalatable to some, it is absolutely essential, and business will support legislative measures to exploit Britain’s shale gas deposits”. Activists from Greenpeace fenced off Prime Minister David Cameron’s home in Oxfordshire with a sign reading “We apologise for any inconvenience while we frack under your home”, and delivered a £50 cheque — identified as the maximum compensation suggested for property owners.

Simon Clydedale from Greenpeace UK said of the fracking proposals: “The prime minister is about to auction off over half of Britain to the frackers, including national parks and areas of outstanding natural beauty like the Cotswolds. Fracking won’t deliver energy on a meaningful scale for years, if ever, by which time we’ll need to have moved away from dirty fossil fuels and towards high-tech clean power if we’re to head off dangerous climate change.”

Caroline Lucas, Green Party MP, spoke in opposition to the fracking proposals after the Queen’s Speech: “Not only does this bill defy public opinion, it denies people a voice. To allow fracking companies to drill under people’s homes and land without their permission is to ignore public interest in pursuit of the vested interests of a few.” A poll conducted by YouGov found 74% of respondents opposed the plans.

Following the Queen’s Speech, politicians from all parties debated the direction of the government in the year ahead.

Prime Minister David Cameron said that the Queen’s Speech showcased “a packed programme of a busy and radical government”, whose “long-term economic plan is working but there is much, much more to do”, and it would “take the rest of this Parliament and the next to finish the task of turning our country around”.

Labour leader Ed Miliband said: “We would have a Queen’s Speech with legislation which would make work pay, reform our banks, freeze energy bills and build homes again in Britain. A Queen’s Speech which signals a new direction for Britain, not one which offers more of the same.”

Cameron described Miliband as having a “rag bag, pick-and-mix selection of statist Seventies ideas [… a] revival of Michael Foot’s policies paid for by Len McCluskey’s money” — a reference to controversies surrounding the substantial funding Labour gets from trade union Unite.

Liberal Democrat president Tim Farron said of the Queen’s Speech: “I suspect the pensions proposals will be around for a generation or more and will be remembered. It’s about making sure they are fairer, cheaper, more secure, more reliable and potentially better for people.”

Plaid Cymru MP Elfyn Llwyd said: “This was an uninspired Queen’s Speech delivered by a government that has well and truly run out of steam.”

Angus Robertson, the leader of the Scottish National Party in Westminster, said the Queen’s Speech barely mentioned Scotland: “The absence of any mention at all of the Westminster parties’ plans for Scotland in the Queen’s Speech is extraordinary. […] In this – the year of the biggest opportunity in Scotland’s history – Scotland hardly even gets a nod at Westminster, and not a single mention of future plans for improving government in Scotland.”

The speech made brief mention of Scotland: “My government will continue to implement new financial powers for the Scottish Parliament and make the case for Scotland to remain a part of the United Kingdom.”

Sunday, October 21, 2007

Torture proliferates American headlines today: whether its use is defensible in certain contexts and the morality of the practice. Wikinews reporter David Shankbone was curious about torture in American popular culture. This is the first of a two part series examining the BDSM business. This interview focuses on the owners of a dungeon, what they charge, what the clients are like and how they handle their needs.

When Shankbone rings the bell of “HC & Co.” he has no idea what to expect. A BDSM (Bondage Discipline Sadism Masochism) dungeon is a legal enterprise in New York City, and there are more than a few businesses that cater to a clientèle that wants an enema, a spanking, to be dressed like a baby or to wear women’s clothing. Shankbone went to find out what these businesses are like, who runs them, who works at them, and who frequents them. He spent three hours one night in what is considered one of the more upscale establishments in Manhattan, Rebecca’s Hidden Chamber, where according to The Village Voice, “you can take your girlfriend or wife, and have them treated with respect—unless they hope to be treated with something other than respect!”

When Shankbone arrived on the sixth floor of a midtown office building, the elevator opened up to a hallway where a smiling Rebecca greeted him. She is a beautiful forty-ish Long Island mother of three who is dressed in smart black pants and a black turtleneck that reaches up to her blond-streaked hair pulled back in a bushy ponytail. “Are you David Shankbone? We’re so excited to meet you!” she says, and leads him down the hall to a living room area with a sofa, a television playing an action-thriller, an open supply cabinet stocked with enema kits, and her husband Bill sitting at the computer trying to find where the re-release of Blade Runner is playing at the local theater. “I don’t like that movie,” says Rebecca.

Perhaps the most poignant moment came at the end of the night when Shankbone was waiting to be escorted out (to avoid running into a client). Rebecca came into the room and sat on the sofa. “You know, a lot of people out there would like to see me burn for what I do,” she says. Rebecca is a woman who has faced challenges in her life, and dealt with them the best she could given her circumstances. She sees herself as providing a service to people who have needs, no matter how debauched the outside world deems them. They sat talking mutual challenges they have faced and politics (she’s supporting Hillary); Rebecca reflected upon the irony that many of the people who supported the torture at Abu Ghraib would want her closed down. It was in this conversation that Shankbone saw that humanity can be found anywhere, including in places that appear on the surface to cater to the inhumanity some people in our society feel towards themselves, or others.

“The best way to describe it,” says Bill, “is if you had a kink, and you had a wife and you had two kids, and every time you had sex with your wife it just didn’t hit the nail on the head. What would you do about it? How would you handle it? You might go through life feeling unfulfilled. Or you might say, ‘No, my kink is I really need to dress in women’s clothing.’ We’re that outlet. We’re not the evil devil out here, plucking people off the street, keeping them chained up for days on end.”

Below is David Shankbone’s interview with Bill & Rebecca, owners of Rebecca’s Hidden Chamber, a BDSM dungeon.

Sunday, January 3, 2010

A team of researchers from the Thomas Jefferson University‘s Biotechnology Foundation Laboratories (BFL) in the United States have managed to increase the amount of oil produced by tobacco leaves. Tobacco oil can be very efficiently converted to biofuel, but most oil is located in the seeds, which the plant does not produce many of.

Tobacco seeds produce around 40% oil per dry weight but a crop of the plant yields only around 600kg of seeds per acre. The leaves have an oil content of around 1.7–4% oil per dry weight. The oil has previously been tested for powering diesel-fueled vehicles and can be more efficiently converted than the product of many other crop plants.

The team from BFL identified that oil production in the leaves was controlled by two genes: the diacyglycerol acytransferase (DGAT) and the LEAFY COTYLEDON 2 (LEC2) genes. By genetic engineering, they achieved oil yields of 5.8% oil per dry weight by modifying the DGAT while changes to the LEC2 resulted in a yield of 6.8% per dry weight.

“Tobacco is very attractive as a biofuel because the idea is to use plants that aren’t used in food production,” said cancer biology assistant professor at Thomas Jefferson Dr Vyacheslav Andrianov, Ph.D. “In some instances, the modified plants produced 20-fold more oil in the leaves.”

Various efforts are being made to find biofuel sources that are not also potential food, in order to steer clear of causing further rises in global food costs. Last month the US government anounced funding for research that used nonphotosynthesising micro-organisms to manufacture biodiesel, in the hope that this will prove more efficient than options that rely on photosynthesis. This also escapes one criticism of biofuels like tobacco; that competition for land to grow crops on will result in biofuel crops displacing foodstuffs and pushing food prices up. In November 2009 a Spanish team launched a study to determine if tobacco, as well as the prickly pear, was capable of withstanding the harsh conditions of land not suitable for growing food, selecting these plants for their ability to survive water shortages.

Published:Wednesday, September 7, 2005Updated:Saturday, September 10, 2005 (Travolta, Preston, Moore, Stones, Three Doors Down, Johnson, Smith)

After Hurricane Katrina passed across the United States, various artists and media stars have leapt at a call to action.

John Travolta and wife Kelly Preston flew his private plane to deliver a load of supplies and tetanus vaccine to Baton Rouge and New Orleans. Part of a Scientology project which has been using their non-massage “assists”, in an interview Preston mentioned that “auditing” had also been performed on victims.

Kevin Smith is holding an online auction on his Web site.

Sean Penn actually went to Louisiana. After loading down a small boat with his entourage, it was discovered one of them had neglected to seal a hole in the bottom. Penn was wearing a white vest rather than a life vest while bailing. After the motor wouldn’t start, the crew paddled down a flooded New Orleans street. Bystanders jeered at whether any victims could fit aboard the crowded craft. No report on rescue stunts. Local authorities had previously been criticized for not allowing volunteer boaters in to help.

Morgan Freeman, whose home fared well, is organizing an online auction of celebrity items at charityfolks.com, to benefit the American Red Cross Disaster Relief Fund.

Curt Schilling opened his home to a family of nine driven out of their New Orleans home. The Schilling family will provide housing for the Fields for a year while their home in New Orleans is rebuilt and repaired.

Some celebrities “graced” disaster zones with their presence in the days following Katrina.

Singer Macy Gray and television personality Phil McGraw visited Houston’s Astrodome.

Celebrities visiting New Orleans include Michael Moore (opposite side of lake), singer Harry Connick, Jr., CNN’s Anderson Cooper, actor Jamie Foxx, singer Faith Hill, actor Matthew McConaughey, singer Lisa Marie Presley, comedian Chris Rock, and The Oprah Winfrey Show contributor Lisa Ling and interior decorator Nate Berkus.

Oprah Winfrey visited New Orleans, Houston, and Mississippi.