Thursday, September 25, 2008

United States President George W. Bush addressed the nation on the economic financial crisis from inside the White House saying the economic situation is “serious” and is “in danger” of becoming “a long and painful recession.”

“We are in the midst of a serious financial crisis and the federal government is responding with decisive action,” Bush said in his televised speech.

Bush called for the United States Congress to pass a US$700 billion bill intended to keep struggling companies afloat. He asked the two presidential candidates along with leaders from both parties of Congress to join him for a conference on Thursday.

Last Friday, Treasury Secretary Henry Paulson called for a bailout plan that would allow for the United States government to purchase devalued mortgage backed securities, resulting from the subprime mortgage crisis, from troubled financial institutions. Paulson has said that the plan could cost up to $700 billion. Congressional leaders have said that some form of the plan will pass; however, there is considerable debate over several key issues.

White House spokeswoman Dana Perino said that Bush “believes it is important for the American people to fully understand the depth of the crisis in our financial markets, how that crisis affects them, and the urgent need to agree on a solution.” Bush has been criticized for waiting too long to speak in prime time.

John McCain suspended his campaign to return to Washington and work on the bailout bill. Barack Obama has called for another form of the bill to pass and said that Congress should not package the bailout bill with any other bills — such as an economic stimulus plan.

Meanwhile, Congress has held a second round of hearings on the proposed bailout bill. Paulson and Chairman of the Federal Reserve Ben Bernanke testified in front of the House Financial Services Committee. They felt it was a serious problem in need of an immediate solution.

Rep. Barney Frank, Chairman of House Financial Services Committee, says it is “clear” that the financial bailout bill will pass.

Director of the Congressional Budget Office Peter R. Orsza said while testifying before Congress that “ironically, the intervention could even trigger additional failures of large institutions, because some institutions may be carrying troubled assets on their books at inflated values.”

The bailout plan has been called a “blank check” by many, with members of both parties divided on the issue.

Monday, June 23, 2008

2008 COMPUTEX Taipei, the largest trade fair since its inception in 1982, featured several seminars and forums, expansions on show spaces to TWTC Nangang, great transformations for theme pavilions, and WiMAX Taipei Expo, mainly promoted by Taipei Computer Association (TCA). Besides of ICT industry, “design” progressively became the critical factor for the future of the other industries. To promote innovative “Made In Taiwan” products, pavilions from “Best Choice of COMPUTEX”, “Taiwan Excellence Awards”, and newly-set “Design and Innovation (d & i) Award of COMPUTEX”, demonstrated the power of Taiwan’s designs in 2008 COMPUTEX Taipei.

Tuesday, October 30, 2007File:Nadine Strossen 5 by David Shankbone.jpg

There are few organizations in the United States that elicit a stronger emotional response than the American Civil Liberties Union, whose stated goal is “to defend and preserve the individual rights and liberties guaranteed to every person in this country by the Constitution and laws of the United States”. Those people include gays, Nazis, women seeking abortion, gun owners, SPAM mailers and drug users. People who are often not popular with various segments of the public. The ACLU’s philosophy is not that it agrees or disagrees with any of these people and the choices that they make, but that they have personal liberties that must not be trampled upon.

In Wikinews reporter David Shankbone’s interview with the President of the ACLU, Nadine Strossen, he wanted to cover some basic ground on the ACLU’s beliefs. Perhaps the area where they are most misunderstood or have their beliefs most misrepresented is their feelings about religion in the public sphere. The ACLU categorically does not want to see religion disappear from schools or in the public forum; but they do not want to see government advocacy of any particular religion. Thus, former Alabama Chief Justice Roy Moore’s placement of a ten ton monument to the Ten Commandments outside the courthouse is strenuously opposed; but “Lone Ranger of the Manger” Rita Warren’s placement of nativity scenes in public parks is vigorously defended. In the interview, Strossen talks about how certain politicians and televangelists purposefully misstate the law and the ACLU’s work in order to raise funds for their campaigns.

David Shankbone’s discussion with Strossen touches upon many of the ACLU’s hot button issues: religion, Second Amendment rights, drug liberalization, “partial-birth abortion” and whether or not George W. Bush should be impeached. It may surprise the reader that many ideas people have about the most visible of America’s civil libertarian organizations are not factually correct and that the ACLU often works closely with many of the organizations people think despise its existence.

Saturday, June 21, 2008

A supposed “pregnancy pact” at Gloucester High School in Gloucester, Massachusetts has drawn international attention to the small Massachusetts fishing city which is considered to be one of the oldest settlements (1623) in the American continent.

The story, which was broken by TIME magazine and the Boston Globe, involved the fact that 17 girls, all sixteen years old or younger, got themselves pregnant as part of a “pregnancy pact”, so that the teenage mothers could raise their babies together.

According the magazine article, school officials at the 1,162 student school became concerned starting as far back as October when a uncommonly large amount of girls began to enter the school’s health clinic to see if they were pregnant.

As of earlier this May, seven girls returned more than once seeking pregnancy tests and upon hearing results, “Some girls seemed more upset when they weren’t pregnant than when they were,” according to James Sullivan, the principal of the school. Some smiled, others cried, and one declared, “Sweet!”, according to the Globe upon hearing their results.

Local officials, including the mayor, are uncertain whether there really was a “pact”, however. Mayor Carolyn Kirk called it a “blip” in the pregnancy rate and noted many factors playing into it, such glamorization of teen pregnancy including the announcement around the same time that Britney Spear’s sister, Jamie Lynn Spears had given birth to a baby, and last year’s critically acclaimed movie, Juno, a comedy about a 16-year-old girl who gets pregnant and other movies, such as Knocked Up.

There is some concern over what might be statutory rape, as it has been reported that most of the men who are the fathers are older, including one report that one of the fathers is a 24-year-old homeless man. In Massachusetts, the age of consent is 16, therefore it is illegal for anyone to have sexual intercourse with anyone under 16.

Other teen mothers however have criticized the new mothers. Two such girls are Alivia Fidler and Meaghan Orlando, childhood friends and sophomore students at the high school, the girls were 16 years old when they became pregnant unexpectedly.

Orlando noted, “If I could go back in time I would want to wait and have the same baby later. You can’t do stuff that normal teens do,” who is now 17 and has a 3-month-old son named Jayden, “They don’t know what they’re getting themselves into.”

Meaghan’s friend, Alivia, also now 17, said the pact idea is “ridiculous.” Noting, “They’re not going to be friends very long. You have to take care of your baby. It’s frustrating. I don’t have a lot of support.” Fidler is no longer with the father of the baby, 5 month-old Xavier Fidler-Aguiar and recently lost her job at McDonalds.

One other teen mother, Amanda Ireland, who recently graduated from the school, also gave a warning to the mothers, “Don’t try to get pregnant. People say they know what it’s like because they have younger siblings, but they really have no idea.”

Ireland also noted, “They’re so excited to finally have someone to love them unconditionally. I try to explain it’s hard to feel loved when an infant is screaming to be fed at 3 a.m.”

46 year-old Gloucester resident Lori Mitchell, whose daughter dropped out of high school at 16 to raise a child said there are worse things than being a teenage mother, “They could be junkies or prostitutes. You try to protect them as much as you can, but it’s up to them to do the right thing.”

Greg Verga, the chairman of the Gloucester School Committee called the pact, “disturbing”, as he himself was once a teen father.

“They are going to have a rude awakening. It was no picnic. People don’t realize there’s 3 a.m. feedings … it’s a lifestyle change. It’s not a possession you can play with and stick on the shelf. That’s why I fear for these girls.”

Friday, December 12, 2008

A US$14 billion bailout package deal for the “Big Three” United States automakers — Chrysler, Ford, and General Motors — has been rejected in the United States Senate after failing a procedural vote.

The bill was rejected after bipartisan discussions on the bailout broke down when Republican Party leaders insisted that the United Auto Workers (UAW) union agree to increase wage cuts by next year in order to bring their pay into line with those of Japanese automobile companies in the United States. The UAW refused to meet the demands.

The final vote count in the Senate was 52-35, eight short of the 60 needed to pass. Only ten Republicans joined forty Democrats and two independents in voting for the bill. Three Democrats voted with thirty-one Republicans against it.

Senate Majority leader Harry Reid said that he was “terribly disappointed” by the failure of the bill to pass. “I dread looking at Wall Street tomorrow. It’s not going to be a pleasant sight,” Reid said. “Millions of Americans, not only the auto workers but people who sell cars, car dealerships, people who work on cars are going to be directly impacted and affected.”

Republican Senator Bob Corker was also unhappy about the rejection. “We were about three words away from a deal. We solved everything substantively and about three words keep us from reaching a conclusion,” he said.

Some Democrats now want U.S. President Bush to reserve a portion of the $700 billion bailout package earmarked for Wall Street to assist the flagging car industry.

Stock markets worldwide fell dramatically on the news, with Japan’s Nikkei average losing 484.68 points, or 5.6 percent, reaching a level of 8253.87 points. Shares in the auto companies Toyota, Nissan and Honda all dropped by no less than 10 percent apiece. European stocks, such as those in the United Kingdom and Germany, also lost ground, with the FTSE-100 index of leading shares falling 176.3 points to a level of 4,211 at midday.

Wednesday, May 5, 2010

Heavy rains have started on Wednesday early morning through the most of central and southern Chile. At least 29 millimeters were reported by ONEMI in the Bío Bío Region in Wednesday morning; thirteen milimeters in Temuco and 8.8 in Chillán. It has been worsen by the low temperatures. The rains have affected thousands of people that lost their homes after the great 8.8 earthquake and subsequent tsunami earlier this year. In Chiguayante, firefighters emptied a camp that was completely inundated by the rains. It is expected that the downfalls will provoke chills and respiratory problems in children and the elderly. The rains have damaged some roads in Pichilemu, Wikinews’ Diego Grez reported.

President Sebastián Piñera has visited some locations affected by the rains, including Chocholgue, San Pedro de La Paz, Constitución, and Maule. People told him and Interior Minister Rodrigo Hinzpeter that the mediaguas, or small houses, given out by the government don’t block out the water and humidity. There are also people that haven’t received tents or mediaguas yet. The government announced that ambulances will constantly patrol the cities.

Meanwhile, an earthquake hit the area, with the epicenter offshore of Maule, 65 kilometers northwest of Cauquenes, at 11:24 am local time (15:24 UTC), with a depth of 30.1 kilometers. The USGS reported the quake measured magnitude 4.9, although the University of Chile Geological Survey reported it as 6.1. There was no tsunami warning.

Saturday, May 14, 2005

Myrtle Beach, South Carolina —This weekend is the kick-off for two motorcycle rallies held annually in the U.S. eastern seacoast town of Myrtle Beach. Enthusiasts this year are expected to meet or exceed the 170,000 bikers that arrived last year in droves to the small resort town of 23,000. Festivities span two weeks, and extend again this year into the Memorial Day.

Leading off is the week-long Harley rally, followed by the next week’s BikeFest. In and around town, both day and night are punctured by the sounds of bike engines gunned and revved at stop lights and in parking lots. Groups of cycle riders dominate the streets.

“By Friday night, the front parking lot will be a full line of motorcycles to the corner.” said motel owner Ranjan Patel. The Super 8 motel takes up half a block at its location in the heart of the downtown motel strip. “Both sides [of Ocean Blvd] are nothing but bikes.” Both she and her co-owner husband agree, the influx of bikers dwarf in size the numbers of tourists who visit during regular summer months for ocean-side and family amusement park attractions.

The highly accesorised bikes, decked with chrome and polished to show it, flashed the townscape. Choppers made a showing, but road hogs dominated the ridership, often going twosome. Many rally goers arrived on the scene with SUV’s or big pickup trucks towing cargo trailers loaded with cycles.

Growth in the sheer size of the two rallies led police to make changes in the handling of traffic flow. During BikeFest last year, the mostly black crowd that came in on the heels of the largely white Harley rally the week earlier, were faced with confusion when the two-lane Ocean Blvd was made one-way.

A branch of the NAACP in Conway, the next town over from Myrtle Beach, alleged discrimination by Horry County and Myrtle Beach Police. They claimed authorities and police used an overwhelming and aggressive police presence, combined with a restrictive one-way traffic pattern, to intimidate and discourage the participants in the rally.

An injunction was issued earlier this week by U.S. District Judge Terry Wooten, who ruled that bikers at both rallies be treated the same. Myrtle Beach city lawyers immediately filed an appeal to the ruling at the Fourth U.S. Circuit Court of Appeals, saying “the trial court erroneously determined that the plaintiffs would likely succeed on the merits; that is, that the city of Myrtle Beach intentionally treats Memorial Day weekend tourists differently from others similarly situated because of their race.”

A plan to submit an opposition to the notice has already been announced by Michael Navarre, an attorney for Steptoe & Johnson, who represents the NAACP civil rights group. “We certainly don’t think the judge has ruled erroneously,” Navarre said, according to The Sun News.

Traffic control and safety measures were in full swing Friday morning on US-17. Both directions of the 4-lane divided highway south of Myrtle Beach had traffic cones and parking barriers set up to control traffic. Large flashing road signs on each side of the highway warned cars to use the passing lane. The warning sign flashed a message that the right lane was for motorcycle use only. Police monitored the pull-offs near a Harley dealer’s lot where popular attractions were set-up in the immediate vicinity.