Saturday, February 23, 2013

Administration warns of impact of broad budget cut

WASHINGTON (AP) ? Widespread flight delays and shuttered airports, off-limit seashores and unprotected parks.

The Obama administration is painting a dire portrait of the many ways the public will feel the effects of automatic federal spending cuts due to begin March 1.

The grim picture is emerging as the White House and lawmakers count down the days until the government is forced to trim $85 billion in domestic and defense spending with hardly any leeway to save some programs from the budget knife.

In detailing the costs of the cuts, President Barack Obama is seeking to raise the public's awareness while also applying pressure on congressional Republicans who oppose his blend of targeted savings and tax increases to tackle federal deficits.

"I've been very clear that these kinds of arbitrary, automatic cuts would have an adverse impact on families, on teachers, on parents who are reliant on Head Start programs, on our military readiness, on mental health services, on medical research," Obama said Friday. "This is not a smart way for us to reduce the deficit."

Just in case those consequences didn't capture the public's attention, the White House also had Transportation Secretary Ray LaHood spell out the impact on travelers: a frequent-flier nightmare of 90-minute airport waits, limited flights and closed regional airports. Republican lawmakers dismissed LaHood's warnings as "exaggerations."

But LaHood said the cuts would require slicing more than $600 million from the Federal Aviation Administration, resulting in furloughs of one day per pay period for a majority of the agency's 47,000 employees.

"Once airlines see the potential impact of these furloughs, we expect that they will change their schedules and cancel flights," LaHood said.

Moreover, he said, the Transportation Department is looking "to likely close" air traffic control towers at 100 airports that have fewer than 150,000 flight operations per year.

"We're talking about places like Boca Raton, Fla.; Joplin, Mo.; Hilton Head, S.C.; and San Marcos, Texas," he said. All in all, nearly two-thirds of the airports are concentrated in three states ? California, Florida and Texas.

But in a statement, Airlines for America, an industry group, said the organization, the FAA and airline carriers would be meeting soon to plan for potential cutbacks. "Air transportation is a key driver of our economy, and should not be used as a political football," the statement said.

Paul Rinaldi, the president of the National Air Traffic Controllers Association, said the reductions will not just inconvenience passengers, it will also affect local economies and result in more lost jobs. "The fact that they will not just be furloughing critical FAA personnel but closing air traffic control towers means the system will be even more compromised than anticipated," he added.

Still, top Republicans on congressional transportation and aviation panels accused the administration of unnecessary alarm.

"Before jumping to the conclusion that furloughs must be implemented, the administration and the agency need to sharpen their pencils and consider all the options," the lawmakers said in a joint statement issued by Rep. Bill Shuster, chairman of the House Committee on Transportation and Infrastructure; Sen. John Thune, the top Republican on the Senate Committee on Commerce, Science and Transportation; and Frank LoBiondo, chairman of the House Subcommittee on Aviation.

Throughout the administration, agency heads have been depicting an onerous after-effect to the cuts. The federal government is required to spell out the consequences to federal workers, but the details are also designed to warn lawmakers that the cuts could have a fearsome result: angry constituents. Some of the warnings:

? Defense Secretary Leon Panetta last week said that automatic cuts, known in Washington budget language as a sequester, would harm the readiness of U.S. fighting forces and he said the "vast majority" of the Defense Department's 800,000 civilian workers would have to lose one day of work per week, or 20 percent of their pay, for up to 22 weeks, probably starting in late April. The biggest potential losses, in term of total civilian payroll dollars, would be in Virginia, California, Maryland, Texas and Georgia, according to figures provided by the Pentagon.

? On Friday, the director of the Centers for Disease Control and Prevention, said cuts of more than $300 million to his agency would mean less money to solve outbreaks, fight hospital infections and keep illnesses overseas from making their way here. For instance, Dr. Tom Frieden said, the cuts could limit the agency's investigation of a tuberculosis outbreak in Los Angeles.

? At the National Park Service, employees would be furloughed, hours would be cut and sensitive areas would be blocked off to the public when there are staff shortages, according to a park service memo obtained by The Associated Press.

The giant sequoias at Yosemite National Park in California would go unprotected from visitors who might trample their shallow roots. At Cape Cod National Seashore, large sections of the Great Beach would close to keep eggs from being destroyed if natural resource managers are cut. Programs on the chopping block include invasive species eradication in Yosemite and comfort stations on the Natchez Trace Parkway in Mississippi.

Gettysburg would decrease by one-fifth the number of school children who learn about the historic battle that was a turning point in the Civil War. And in Yosemite, park administrators fear that less frequent trash pickup would potentially attract bears into campgrounds.

Over the years, budget threats have inevitably resulted in grim warnings, no matter which administration, about calamitous consequences. Many have been avoided; others have been short-lived. But Obama administration officials say they are not exaggerating or bluffing.

The cuts, with few exceptions, are designed to hit all accounts equally. The law gives Obama little leeway to ease the pain.

Even if granted flexibility to apply the cuts with more discretion ? a legislative step Republicans say they might pursue ? White House officials say that would still require severe reductions.

"It's essentially rearranging the deck chairs on the Titanic," Obama senior adviser Dan Pfeiffer said of such a proposal in a recent interview.

LaHood, in response to a question, denied that he was simply describing a worst-case scenario that would scare the public and put pressure on Republican lawmakers.

"What I'm trying to do," he said, "is wake up members of the Congress with the idea that they need to come to the table so we don't have to have this kind of calamity in air services in America."

___

Cone reported from Sacramento, Calif. Associated Press writer Joan Lowy and AP Medical Writer Lauran Neergaard contributed to this report.

___

Follow Jim Kuhnhenn on Twitter: http://twitter.com/jkuhnhenn

Source: http://news.yahoo.com/administration-warns-impact-broad-budget-cut-223232012--politics.html

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Thursday, February 21, 2013

Sherwin-Williams pays $80 million to settle U.S. labor department probe

(Reuters) - Sherwin-Williams Co has reached a settlement deal with the U.S. Department of Labor related to the U.S. paint maker's employee stock ownership plan by making a one-time payment of $80 million to the plan, the firm said on Wednesday.

The company - which markets paints including Dutch Boy, Krylon, Minwax and Water Seal as well as its namesake brand - said the payment will result in an after-tax charge to earnings of $49.2 million, or 47 cents per share, in its fourth quarter, ended December 31, 2012.

"The settlement will result in payments totaling $80 million to current and former participants in the plan as well as to their beneficiaries," the Department of Labor said in a statement issued to Reuters.

The settlement also requires Illinois-based trustee GreatBanc Trust Company to undergo an audit of its pension plan activities, the Labor Department said.

In January, the company posted a fourth-quarter profit of $1.12 per share on revenue of $2.22 billion.

Sherwin-Williams said the agreement will not have an effect on its full-year 2013 earnings forecast issued on January 31, 2013.

(Reporting by Balaji Sridharan and Sakthi Prasad in Bangalore; Editing by Gary Hill and Daniel Magnowski)

Source: http://news.yahoo.com/sherwin-williams-pays-80-million-settle-u-labor-011144550--sector.html

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Supreme Court denies appeal from Texas man who set ex-girlfriend on fire

Supreme Court denies appeal from Texas man who set ex-girlfriend on fire

Credit: Texas Department of Criminal Justice

Carl Blue

by MICHAEL GRACZYK

Associated Press

Posted on February 21, 2013 at 9:25 AM

Updated today at 6:54 PM

HUNTSVILLE, Texas -- The U.S. Supreme Court has refused to halt the execution of a man convicted of killing his ex-girlfriend at her apartment by tossing gasoline on her and then setting her on fire.

The high court made its decision Thursday evening, shortly before 48-year-old Carl Blue was scheduled to be executed in Texas.

Blue was sentenced to die for the September 1994 death of Carmen Richards-Sanders. The 38-year-old woman and a man with her were attacked at her apartment in Bryan, about 100 miles northwest of Houston. The man survived serious burns and testified against Blue.

Prosecutors said the attack was the result of jealousy. Blue said it was a prank gone wrong or an accident.

His death will be the first execution this year in the nation's most active death penalty state.

Source: http://www.khou.com/community/blogs/crime-watch/Texas-man-who-set-ex-girlfriend-on-fire-set-to-die-192280061.html

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One Direction Singer Harry Styles Starts Greek Philosophy Twitter ...

harry_styles_of_one_directionOne Direction boy band member Harry Styles took to Twitter last week to educate his followers on a little bit of Greek philosophy.

The tweet came after modern philosopher and writer Alain de Botton suggested that influential people should share the teachings of philosophy so as to help society consume more of it. While promoting his new book in an interview with the free UK newspaper Metro, Botton mentioned Styles as one of those people.

?In an ideal world?Harry Styles would be teaching his 10 million Twitter followers a little more about Greek philosophy,? he said.

Luckily, Styles was listening and sent out a tweet on February 13, saying:

Screen Shot 2013-02-20 at 2.37.39 PM

Seems Botton had the right idea, because over 52,000 people retweeted the popular singer?s message, and close to 50,000 marked it as a favorite.

Source: http://hollywood.greekreporter.com/2013/02/20/one-direction-singer-harry-styles-starts-greek-philosophy-twitter-trend/

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Wednesday, February 20, 2013

A New Pope May Be Selected Sooner Than Expected

DEAR ABBY: My boyfriend, "Doug" (24), and I (22) have been in a long-distance relationship for a year, but we were friends for a couple of years before that. I had never had a serious relationship before and lacked experience. Doug has not only been in two other long-term relationships, but has had sex with more than 15 women. One of them is an amateur porn actress.I knew about this, but it didn't bother me until recently. Doug had a party, and while he was drunk he told one of his buddies -- in front of me -- that he should watch a certain porn film starring his ex-girlfriend. ...

Source: http://news.yahoo.com/pope-may-selected-sooner-expected-162949945.html

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HTC One video walkthrough in London

Hopefully you've already checked out Phil's HTC One hands-on impressions from the press conference in New York. But that event was just half of the HTC One launch story, as the manufacturer held a simultaneous event in London, attended by CEO Peter Chou, design lead Scott Croyle and others.

Naturally, we got some hands-on time with HTC's new shiny after the presentation, so check the video above for another perspective on the handset. You'll find five minutes of footage covering the design, BlinkFeed, the Ultrapixel camera, HTC Zoe and more.



Source: http://feedproxy.google.com/~r/androidcentral/~3/ODw9s8nt_LI/story01.htm

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Strike by Indian unions over prices hits transport, banking

NEW DELHI (Reuters) - Many Indian banks were closed and public transport disrupted on Wednesday because of a strike by trade unions protesting against high prices but the capital, New Delhi, and business centre, Mumbai, were mostly unaffected and financial markets were open.

Violence erupted in some places on the first day of a two-day strike as workers, angry about high fuel prices in particular, tried to keep vehicles off the roads. One union member was killed in the northern city of Ambala, media said.

The strike comes as the beleaguered government prepares to present an austerity budget to parliament and as it weathers a corruption scandal in a big arms deal.

Parliament begins its budget session on Thursday and the government is to present its expenditure plan for fiscal 2013/14 (April-March) next week.

Several officials have told Reuters the government will slash a public spending target by up to 10 percent to avoid a sovereign credit downgrade, even though that will not go down well in a high inflation environment.

The government is also on the back foot over accusations by Italian police that officials from defense group Finmeccanica paid bribes in a $750 million deal to sell India VIP helicopters manufactured by its Anglo-Italian subsidiary AgustaWestland.

Prime Minister Manmohan Singh, who is grappling with the worst economic slowdown in a decade and faces a general election early next year, had asked the unions to call off the strike, but they refused.

"We want the government to take note of this," said Akhtar Hussain, vice-president of the Bharatiya Mazdoor Sangh, or Indian Workers' Union. "They think they can turn a blind eye to our demands, but they must know that enough is enough. We need our demands to be met. The government needs to be more serious."

In New Delhi and Mumbai, bus and suburban train services were running without disruption. Some taxis were off the roads but offices and schools were open.

Elsewhere, however, public transport was not running, banks were closed and most shops and offices kept their shutters down.

In Bhubaneswar, the capital of Odisha state in the east, protesters set fire to effigies of Singh and ruling Congress party leader Sonia Gandhi. Several trains were stranded at stations as protesters blocked railway tracks.

In the western state of Gujarat, close to 8,000 state-owned buses were off the roads, officials said. Banking services were also disrupted as thousands of bank employees joined the strike.

The Associated Chambers of Commerce and Industry said on Tuesday that the two-day strike was expected to cause an estimated loss of 150 billion-200 billion rupees ($2.8 billion-$3.8 billion), hurting sectors such as banking, insurance and transport.

(Reporting by Annie Banerji in NEW DELHI, D. Jose in THIRUVANANTHAPURAM and Jatindra Dash in BHUBANESHWAR; Writing by Arup Roychoudhury; Editing by Raju Gopalakrishnan and Robert Birsel)

(This story was refiled to correct word in the fifth paragraph to downgrade, not upgrade)

Source: http://news.yahoo.com/strike-indian-unions-over-prices-hits-transport-banking-065510438--finance.html

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