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Chen Lin

Why Prime Minister Putin may be throwing a wrench in US-Russia arms talks / The Christi... - 0 views

  • Russia's powerful prime minister, ex-President Vladimir Putin, may have just tossed a wrench into the sensitive last-minute negotiations aimed at finalizing a new US-Russian strategic arms reduction deal early in the New Year. "The problem is that our American partners are developing missile defenses, and we are not," Mr. Putin complained Tuesday. "In order to maintain balance, without developing the antimissile system just like the US is doing, we have to develop an offensive combat power system."
  • Putin's demand is that the US should provide full data on any antimissile tests it conducts, or else Russia will withhold information about its tests of new offensive weapon systems. "There is almost no chance the Americans will agree to this," says Mr. Golts.
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    Putin's concerns about american anti-missile defenses may derail START negotiations.
Chen Lin

US incomes, consumer spending see gains in November / The Christian Science Monitor - C... - 0 views

  • American incomes rose in November for the fifth straight month, providing much-needed traction for economic recovery. The overall personal income earned by Americans rose by 0.4 percent in the month, according to numbers released by the Commerce Department Wednesday.That fueled a gain in consumer spending, which rose 0.5 percent from October.
  • American incomes rose in November for the fifth straight month, providing much-needed traction for economic recovery. The overall personal income earned by Americans rose by 0.4 percent in the month, according to numbers released by the Commerce Department Wednesday.That fueled a gain in consumer spending, which rose 0.5 percent from October.Another jolt of positive news: Consumer confidence rose in a December survey by the University of Michigan and Reuters.The picture is still not one of a brisk rebound for the economy. Much of the gain in incomes continues to come from government stimulus programs, and the gains in income and spending are smaller when inflation is taken into account. (Adjusting for inflation, personal income rose 0.2 percent in November. The gain was just 0.1 percent when the impact of government transfer payments is subtracted.)
  • Mr. Bethune predicts that Gross Domestic Product (GDP) will rise in the fourth quarter at a 4 percent annual pace, up from the third quarter's 2.2 percent rate, which the government reported Monday.
Chen Lin

Medical marijuana gains momentum - 13 states and counting | csmonitor.com - 0 views

  • There's no question, however, that American attitudes toward marijuana have changed. National polls show that Americans increasingly favor legalizing marijuana. More than 40 percent of Americans consistently supported legalization this year. Gallup surveys put that support at 44 percent now, up from 25 percent in 1995.
  • Even California may be having some regrets. Some 120 towns and cities there have banned medical-pot outlets since 2006, according to Americans for Safe Access.
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    US and global attitudes towards MJ improving rapidly, but less restrictive policies have triggered a backlash in some places.
Chen Lin

The U.N. Convention on Climate Change in Copenhagen 101 - 0 views

  • The Obama administration established new federal greenhouse gas pollution limits. An October executive order requires federal government agencies to set greenhouse gas emission reduction targets that must be met by 2020. All of these actions, along with additional steps forward, will help enhance American economic competitiveness. And on December 7, Environmental Protection Agency Adminstrator Lisa Jackson announced the "endangerment finding" under the Clean Air Act. This enables EPA to finalize limits on global warming pollution from motor vehicles and large industrial sources. President Obama would prefer that Congress, rather than EPA, establish these pollution limits, but the endangerment finding means that EPA will act if Congress fails to do so.
  • China announced a carbon reduction target. The Obama administration’s hard work with China and India is starting to pay off. China announced on Thanksgiving Day a target of reducing carbon pollution per unit of gross domestic product by 40 to 45 percent from 2005 levels by 2020. This is the first time China has committed to specific carbon reductions. The November joint statement by Presidents Obama and Hu Jintao on the creation of a greenhouse gas inventory between the U.S. EPA and China will make it possible to measure and verify these reductions.
  • India announced a carbon reduction target. India announced on December 2, soon after the U.S.-India summit in Washington, that it intends to offer a target for decreasing its carbon intensity 24 percent from 2005 levels by 2020. This is the first time India has proposed its own specific carbon reduction target, which adds to its already established commitment to set the largest solar power generation target in the world.
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  • Current and planned policies would already yield 65 percent of needed reductions. Project Catalyst and the Center for American Progress modeled the pollution reductions from policies implemented and proposed by the 16 nations of the Major Economies Forum and the 27 countries of the European Union. The best-case scenario shows that these policies provide 65 percent of the immediate reductions science recommends by 2020. This would help the world limit total atmospheric concentration to 450 parts per million of carbon equivalent. This is the stabilization pathway that the Nobel Prize-winning International Panel on Climate Change estimates is necessary to limit temperature increase to 2° Celsius above pre-industrial levels.
  • An international agreement would restart the global economy. A binding international agreement would spark more public and private outlays for clean-energy technologies to capitalize on emerging clean-energy investment opportunities abroad and at home. A report to be released at Copenhagen by the Center for American Progress as part of the nine-party Global Climate Network estimates that part of the current and proposed clean-energy proposals in the United States, United Kingdom, Germany, Nigeria, South Africa, India, China, Australia, and Brazil would produce a total of 19.7 million jobs.
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    Various cards regarding climate change. Lots of good uniqueness and solvency evidence.
Chen Lin

Nine years after the attacks of 9/11, how safe is America? - CSMonitor.com - 0 views

  • Although it would like to do so, Al Qaeda does not have the capability of launching an attack on the scale of 9/11, when hijacked airliners flown by suicidal Islamist terrorists slammed into the twin towers of the World Trade Center and the Pentagon, killing thousands.But Al Qaeda still could carry out attacks against symbolic American targets such as the New York subway system or a passenger jet – two plots that were thwarted last year and could have killed hundreds of people. And, according to the report, “This level of threat is likely to persist for years to come.”Al Qaeda and its allies also have established the beginnings of a terrorist recruitment, radicalization, and operational infrastructure in the US, according to “Assessing the Terrorist Threat” by the Bipartisan Policy Center. (The center is a nonprofit organization established in 2007 by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell – two Republicans and two Democrats.)
  • Although it would like to do so, Al Qaeda does not have the capability of launching an attack on the scale of 9/11, when hijacked airliners flown by suicidal Islamist terrorists slammed into the twin towers of the World Trade Center and the Pentagon, killing thousands.But Al Qaeda still could carry out attacks against symbolic American targets such as the New York subway system or a passenger jet – two plots that were thwarted last year and could have killed hundreds of people. And, according to the report, “This level of threat is likely to persist for years to come.”
Chen Lin

A government for the people, or a government for wealthy special interests? - CSMonitor... - 0 views

  • And while most Americans understand this system to be badly broken already, the US Supreme Court this year ruled, in Citizens United v. Federal Election Commission, to permit unlimited spending by corporations and unions to influence elections. Indeed, early figures show that vastly more money is being spent to influence the outcome of our elections this fall – $4.2 billion in political ad spending alone compared with just $2.1 billion in 2008, according to Borrell Associates. Less than a third of organizations spending money on the fall elections thus far are disclosing their sources of funds, thereby denying citizens any knowledge of who is trying to influence the election.
  • As an important first step in reclaiming our elections and curbing the undue influence of special interests on our candidates, it is high time that Congress passed the Fair Elections Now Act, introduced in the House by my former colleagues Democrat John Larson of Connecticut and Republican Walter Jones of North Carolina. Modeled after successful Fair Elections programs in eight states, the proposed law would require that participating candidates turn down special interest money and accept only $100-or-less donations from their constituents. Candidates who reach a qualifying threshold of 1,500 in-state donations would then be eligible to receive sufficient matching funds to run a serious campaign. This would dramatically reduce the influence of special interests, including unions and corporations. And Fair Elections would open the election process to many more Americans who currently have no opportunity to seek public office for lack of funds.
Chen Lin

Public Opinion Snapshot: Public Supports Action on Climate Change - 0 views

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    Americans support climate change policy.
Chen Lin

Republicans decline to compromise on tax cuts - latimes.com - 0 views

  • President Obama is pushing for a permanent middle-class tax cut, but only if Bush-era cuts for top earners are eliminated. Republicans, in turn, want permanent tax relief for all income levels. The divide is rapidly becoming the marquee issue of the midterm election.
  • Given the lackluster recovery — with crucial housing and job markets still ailing — an expiration of tax cuts worth about $300 billion a year would be a huge hit to the economy, equivalent to 2% of the nation's total output. The potential economic fallout is far less clear if tax rates rose only for high earners.
  • The chances are small that Congress might address the issue before the November election. But there are ample opportunities for both parties to use their economic messages during the campaign.
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  • But Democrats have a card to play as well. Should Congress fail to act, the reductions will expire for everyone, opening Republicans up to charges that they killed a tax cut because it didn't benefit the wealthiest Americans.
Chen Lin

Separatists, Islamists and Islamabad Struggle for Control of Pakistani Balochistan - Th... - 0 views

  • U.S. officials identify Balochistan as a critical center of Taliban and al-Qaeda activity.  Many observers believe that high-profile al-Qaeda figures and ranking Taliban members, including Afghan Taliban leader Mullah Muhammad Omar, have fled Afghanistan or Pakistan’s tribal areas for sanctuary in Balochistan.  The provincial capital of Quetta is believed to serve as a critical hub for financing and organizing Taliban and al-Qaeda operations
  • Islamabad worries that an escalation of the U.S.-led campaign in Helmand and other parts of Afghanistan will compel Afghan militants to use Balochistan as a temporary sanctuary to evade direct engagements with U.S. forces.  Afghan militants may also use Balochistan as a staging ground for attacks against NATO forces in Helmand and beyond.  In other words, Pakistan fears that Balochistan may go the way of FATA and the NWFP following the U.S. invasion and occupation of Afghanistan,
  • The problems affecting Balochistan are severe, considering that the region serves as one of the crucial logistical hubs sustaining the U.S.-led military campaign in Afghanistan.  Convoys ferrying fuel, vehicles, arms, food, and other crucial items to U.S. and NATO forces in Afghanistan travel through Balochistan. 
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  • UNHCR estimates that upwards of 2 million people - nearly all ethnic Pashtuns - were forced to flee their homes during the fighting between Pakistani security forces and tribal militants in the FATA and NWFP [4] The massive scale of the displacement of Pashtuns from the tribal areas to other parts of Pakistan, including Balochistan, has caught Pakistani, U.S., and international authorities by surprise.  The migration of IDPs into Balochistan and other parts of Pakistan will have a serious social and political impact on Pakistan’s society and economy that may ultimately threaten political stability.
  • The deteriorating security situation across Pakistan and Afghanistan, however, could severely complicate matters for Islamabad in Balochistan.  Baloch rebels, for instance, may see a window of opportunity to escalate their campaign against Islamabad as Pakistan concentrates its efforts on fighting militants in the tribal areas.  A potential expansion of the U.S. drone campaign to Balochistan may also provide Baloch militants with another opening to strike at Islamabad.  There is evidence to suggest that Baloch rebels are already exploiting the current turmoil in Pakistan and Afghanistan.  A series of bomb blasts and abductions in recent years targeting Chinese laborers prompted China to halt construction of the Gwadar oil refinery in Balochistan due to security concerns
  • Pakistani Balochistan plays a critical role as one the world’s busiest and most dangerous opium smuggling hubs, where the borders of Pakistan, Afghanistan, and Iran converge.  Known as the Golden Crescent, the region is home to scores of powerful organized crime networks, especially criminal organizations engaged in drug smuggling and opium production
  • Balochistan has been a center of ethno-nationalist militancy and violent revolts against the state since the province was forcibly annexed by Pakistan after the partition of India gave rise to an independent Pakistan.  Prior to being annexed by Pakistan, Balochistan enjoyed autonomy under British colonial rule.
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    This is an awesome card with terrific warrants on a million possible Pakistan instability scenarios.
Chen Lin

More guns equal more crime? Not in 2009, FBI crime report shows. / The Christian Scienc... - 0 views

  • After several years of crime rates holding relatively steady, the FBI is reporting that violent crimes – including gun crimes – dropped dramatically in the first six months of 2009, with murder down 10 percent across the US as a whole.
  • After several years of crime rates holding relatively steady, the FBI is reporting that violent crimes – including gun crimes – dropped dramatically in the first six months of 2009, with murder down 10 percent across the US as a whole. Concurrently, the FBI reports that gun sales – especially of assault-style rifles and handguns, two main targets of gun-control groups – are up at least 12 percent nationally since the election of President Obama, a dramatic run on guns prompted in part by so-far-unwarranted fears that Democrats in Congress and the White House will curtail gun rights and carve apart the Second Amendment.
  • The debate over whether guns spur or deter crime has been under way for decades. So far, research has come out with, in essence, a net-zero correlation between gun sales and crime rates. More likely factors for the crime rate decline have to do with Americans hunkering down, spending less time out on the town with cash in their pockets and more time at home with the porch lights on, experts say. So-called "smart policing" that focuses specifically on repeat offenders and troubled areas could also be playing a role, as could extended unemployment benefits that staved off desperation.
Chen Lin

Home sales rise in November, driven by tax break / The Christian Science Monitor - CSMo... - 0 views

  • The pace of US home sales surged 7.4 percent in November, helping to bring down the inventory of for-sale homes to pre-recession levels. November's robust performance was fueled, however, by an extraordinary factor – the anticipated expiration of a tax break for first-time home buyers. First-time buyers accounted for 51 percent of purchases tracked in the report on previously owned homes, released by the National Association of Realtors Tuesday.
  • A case for optimism rests on several factors: Mortgage interest rates are low, Congress has extended the home buyers' tax credit through the first half of next year (it was set to expire at the end of November), and an improving job market next year could offset a continued high rate of mortgage defaults by households in financial trouble. While not auguring for a new housing boom, those forces could help keep the market on a path toward recovery.But other factors suggest that the housing market still faces significant headwinds. The biggest question mark is interest rates. The Federal Reserve has become a big investor in the mortgage market this year, creating demand for mortgage-backed bonds and thus pulling down the cost of loans for people buying homes. A 30-year fixed-rate loan averaged just 4.88 percent interest in November. But this month the Fed reaffirmed that it expects to complete its mortgage buying by the end of the first quarter of 2010.
  • Also weighing down the housing market is a large "shadow inventory," including homes in various stages of foreclosure. The record volume of foreclosures, highlighted in another report this week, shows no sign of stopping soon. In fact, "shadow inventory" continues to rise, according to a recent analysis by First American CoreLogic, which tracks the housing market.
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    Despite rising home sales last month, housing market will likely fall again.
Chen Lin

Beyond Obama's B+: How Democrats can hold the House in 2010 / The Christian Science Mon... - 0 views

  • Whether Democrats can keep control of the House in the 2010 election hinges on three things: the direction of job growth, Democrats' ability to convince independent voters that the country’s finances are not out of control, and the direction of Barack Obama’s approval ratings.
  • Podesta argued that no one unemployment figure will be a “magic number” for Democrats' political success. Instead, if by the summer of 2010 the number of jobs in the economy is growing consistently, then Democrats in Congress can hold the loss of seats “to a relative minimum,” he said. One question, he added, is “do people smell we are on the right path or do they feel still bogged down?”
  • For Democrats to demonstrate that control, Podesta argued in favor of a timetable to put the federal budget back in balance. “Once the economy is fully recovered, deficit reduction will be critical to growth and broadly shared prosperity,” he said. The Center for American Progress proposes establishing a mechanism to ensure that government income and spending for all items -- except debt service -- move into balance by 2014. The next goal would be to have all government spending – including debt service – be covered by income in 2020.
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  • A potential decline in the president’s approval rating “will be the most critical factor in the congressional electoral success,” he said. If members of Congress “think they have a strategy to cut and run on him, it is highly unlikely to be successful.”
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    What it will take for dems to maintain majority in the house after midterm elections. Great politics links.
Chen Lin

Yemen's air strike on Al Qaeda may signal new US focus - 0 views

  • With an estimated presence of more than 1,000 Al Qaeda operatives, Yemen is steadily becoming more important in the war against terrorism. It is a large country on the Arabian Peninsula with some 22 million people with an unemployment rate of about 40 percent that is expected to double in the next few decades. The availability of water is dwindling, and the oil revenues upon which the country depends are quickly evaporating. By 2017, those revenues are expected to bottom out, according to a report published by BP and cited in a report by the Center for a New American Security (CNAS), a think tank in Washington.
  • The US has spent about $70 million this year to support training and buy equipment for Yemen, compared with no funding last year, according to the Associated Press. Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, on his military jet as he returned from Iraq and Afghanistan Sunday said he is comfortable with the level of support the US is currently providing.
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    "Yemen's air strike on Al Qaeda may signal new US focus"
Chen Lin

The unemployment rate falls slightly in America - 0 views

  • Some 11,000 jobs were lost in November, the smallest total since the recession began late in 2007. And despite the continued job losses, the overall unemployment rate fell from 10.2% to 10.0%.
  • None of this means that the troubles are all over, however. The unemployment rate had once before declined in 2009, from June to July, before proceeding to rise for the next three months. A steady decline now will be hard to achieve: one estimate suggests that the American economy needs to add around 150,000 jobs each month just to keep up with population growth.
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    The unemployment rate falls slightly in America
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