Sunday, March 3, 2013

Obama on gay marriage: The basic principle is let's treat everbody fairly (Washington Bureau)

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Aaradhna Signed By US Label Republic Records | Stuff.co.nz

Iconic New Zealand record label Dawn Raid has received the ultimate compliment from one of the US heavyweights of the music industry.

"On a sonic level, Dawn Raid has consistently put A-level music into the marketplace," says Brett Alperowitz, vice president, A&R, Republic Records, which has recently signed another Dawn Raid artist Aaradhna.

"Savage more than held his own with US productions. Treble & Reverb [Aaradhna's latest album] could be played proudly alongside Amy Winehouse's Back To Black and Duffy's Rockferry. The only remix we're considering is adding a US hip-hop or R&B artist to the singles to improve their appeal to certain US radio formats.
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Republic Records, home to fellow Kiwi artist Naked and Famous, Goyte, Florence + The Machine and Of Monsters And Men, is so confident in Aaradhna's international appeal, it's signed her to a multi-album deal.

"We discovered a fantastic song in Wake Up racing up the NZ charts and found it attached to a brilliant album recorded by an amazing artist in Aaradhna," Alperowitz says.??

"The bonus was finding the local label releasing it was our old friends Andy Murnane and Dawn Raid Entertainment."

"We snatched up all the territories that were still available. We want to introduce Aaradhna as an artist before jumping into our chase for radio airplay. She has a huge voice, poignant lyrics and a unique cultural background that we feel is very compelling. It's simply a great time for international artists with US fans and media.

"It's going to be important for an artist like Aaradhna to touch down on our soil and make an impression with media showcases, TV performances and live dates. Her presence and accessibility will make a difference. We're working on her calendar now, though we don't yet have any confirmed US dates. When she gets here, we're certain she's going to wow 'em!"

- ? Fairfax NZ News

Source: http://www.stuff.co.nz/entertainment/music/8369557/Aaradhna-signed-by-US-label

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UK's 'naked rambler' arrested for nudity, again

LONDON (AP) ? A British man who has spent most of the past decade naked ? and in jail ? was back behind bars Friday after defying an order to cover up.

Stephen Gough, known as the "Naked Rambler," was arrested Thursday as he left a court in Southampton, southern England, wearing only boots, socks and a knapsack.

A judge had just imposed an order that he must "wear sufficient clothing in public to at least cover his genitalia and buttocks."

The 54-year-old former Royal Marine appeared at the same court Friday, and was ordered detained until a hearing on March 25.

Since 2003 Gough has completed two naked walks the length of Britain, with frequent interruptions for arrests, court appearances and jail time.

Prosecution lawyer Roger Trencher said Friday that Gough "has caused much offense nationwide and he has used a considerable amount of police time in England, Wales and Scotland."

Gough has said he believes nudity is a human right. Defense lawyer Jeffrey Norie-Mille told the court that Gough "believes it is his right not to wear clothes and go about his normal activities in that state of undress."

There is no law in Britain against public nudity. However, there are laws against indecent exposure or behavior likely to cause "harassment, alarm or distress."

Gough has served multiple sentences for appearing nude in public places including courts and an airplane.

He could face up to five years in jail for breaching the no-nudity command, known as an Anti-Social Behavior Order.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-03-01-Britain-Naked%20Rambler/id-f19bd8356e8c472fb82f96468aebe595

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Saturday, March 2, 2013

As Washington frets, markets take spending cuts in stride

NEW YORK (Reuters) - Broad spending cuts designed to slam most U.S. government programs with all the subtlety of a sledgehammer were set to begin taking effect on Friday, yet investors have so far barely batted an eyelash.

The $85 billion in across-the-board "sequestration" cuts were expected to cause airport delays, disrupt public services and result in lower pay or layoffs for millions of government workers.

What they were not likely to do, at least as far as financial markets were concerned, was cause enough damage to derail a U.S. economy that has lately been gaining momentum.

"There is no immediate and visible impact to the economy so markets are not seeing it as a tail risk," said Ayako Sera, a market economist at Sumitomo Mitsui Trust Bank in Tokyo.

"It's not that money will stop circulating, unlike in the case of a debt ceiling where necessary government payments due will be suspended. So maybe time is needed for markets to digest the significance of the news, prompting investors to stay to the sidelines," she said.

Initial reaction in Asia was muted, with the MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> easing 0.1 percent on Friday, while the dollar was down 0.1 percent for much of the session against a basket of currencies. The risk-sensitive Australian dollar rose 0.2 percent to $1.0230, digesting key Chinese manufacturing data.

"The market is looking at this and saying, 'You know what? This is not going to lead to a recession,'" said Quincy Krosby, market strategist at Prudential Financial in Newark. "Will it cause a pull-back in growth? Yes. But we can live with that."

That certainly appears to be the stock market's read. The Dow Jones industrial average <.dji> sits just 1 percent below a record high after a more than 7 percent year-to-date rise. The more widely followed Standard & Poor's 500 <.spx> is less than 4 percent from regaining record territory.

Even an index of stocks in a sector seen at the cross-hairs of the cuts, the Philadelphia Stock Exchange Defense Index <.dfx>, hit an all-time high on Thursday. The sequester will hit the military particularly hard, with defense programs set to be cut about 13 percent. Yet the index is up 7 percent this year.

Investors said continued support from the Federal Reserve, after Chairman Ben Bernanke mounted a strong defense of its economic stimulus this week, would blunt the effect of spending cuts.

"The stock market isn't worried. It's at five-year highs, and the sequester gives the Fed all the more reason to keep its foot on the gas," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman.

What's more, markets have also been down this road before. In late 2012, investors and CEOs fretted over fears that the sequester, initially set to take effect in January along with $500 billion of tax increases, would cause a new recession.

A deal struck by Republicans and Democrats on New Year's Day averted most of the tax hikes but postponed the spending cuts until March 1. Major U.S. stock indexes rallied anyway, with the S&P 500 up 6 percent and the Dow up 7 percent since 2013 began.

"There's an element of fatigue in this whole process," said Gregory Whiteley, government bond manager at Double Line Capital in Los Angeles. "It seems there's a new scare conjured up every few months."

BELT-TIGHTENING

Economists are not as relaxed. Many say that government belt tightening will put a brake on economic growth this year, whether or not the sequester happens.

The Congressional Budget Office, whose calculations are the building blocks of many Wall Street forecasts, has estimated fiscal tightening will knock about 1.5 percentage points from economic growth this year.

The spending cuts from the sequester make up a third of that, or 0.6 percentage points. A tax hike enacted in January will also drag on the economy, as will other spending cuts.

The cuts would also hurt the labor market, which would end the year with 750,000 fewer jobs than it would have if the sequester were avoided, according to CBO estimates.

To be sure, these worries have pushed some investors into the relative safety of U.S. government bonds, with the benchmark 10-year yield slipping to 1.84 percent this week after hitting 2.06 percent, its high for the year, on February 14.

"There are concerns about the sequestration causing a dramatic slowdown in the economy," said Dan Heckman, senior fixed income strategist at Minneapolis-based U.S. Bank Wealth Management. "The budget negotiation related to the sequestration adds a great deal of uncertainty."

Bernanke, speaking to lawmakers on Wednesday, urged Congress to try to push spending cuts further out to the future to shield a fragile economy.

"If you slow the economy that hurts your revenues. And that means your deficit reduction is not as big as you think it is," he said.

Many investors, though, say the cuts, while annoying and painful, are too small a percentage of federal spending to do serious damage to the economy or have much impact on the deficit, which has exceeded $1 trillion for four years.

STILL TIME ON THE CLOCK

The question now appears to be how long the budget cuts will be allowed to happen. If budget cuts last only a few weeks, it is plausible they could have a marginal impact on growth and on employment. This is because some budget cuts won't translate into immediate spending cuts.

The Defense Department, for example, will probably not begin furloughing some 800,000 civilian workers until late April, after which these workers will work one day less per week. Budget cuts for capital spending could also be delayed.

The CBO estimates that only about half of the $85 billion in budget cuts planned from March through September would translate into lower spending during that period.

Once the furloughs and other spending cuts take hold, though, workers will feel the pinch, especially the 2.8 million people employed by the federal government.

"Their income is going to shrink considerably," said Omair Sharif, an economist at RBS in Stamford, Connecticut.

Tim Ghriskey, chief investment officer at Solaris Asset Management, said he thinks markets are betting all this will force Republicans and Democrats to the bargaining table.

President Barack Obama will meet congressional leaders in the White House on Friday for last-minute budget talks but hopes were low for a deal.

Whiteley said investors also realize that it will take months for furloughs and other cuts to be rolled out.

"If nothing happens today, that doesn't mean the economy crashes tomorrow. They have time to work on this," he said.

But perhaps not an infinite amount of time.

"The grace period is probably a month or two," Ghriskey said. "But if it becomes clear that these arbitrary cuts are starting to do damage and there's no sign of compromise, that's when the market could start to react."

(Additional reporting by Ellen Freilich and Chikako Mogi; Editing by Tim Dobbyn and Chris Gallagher)

Source: http://news.yahoo.com/washington-frets-markets-spending-cuts-stride-050934215--business.html

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Friday, March 1, 2013

Arizona Senate Gives Preliminary Approval To Gold, Silver As Legal ...

Arizona's Republican-controlled Senate gave preliminary approval on Wednesday to a bill that would make gold and silver legal tender in the state.

According to Capitol Media Services, Republicans who pushed the measure through said they feared the value of the dollar could tank, making the law necessary. While the U.S. Constitution bans states printing their own currency, supporters argued it does not prohibit private organizations from minting gold and silver coins.

If approved by the state House and signed by Gov. Jan Brewer (R), it would give privately minted gold and silver the same legal status to pay bills as federal currency, according to Capitol Media Services. It could also force merchants to keep scales on hand in order to determine value of gold and silver ? a point that was mocked by Democratic state Sen. Steve Farley, who opposed the bill. Farley proposed a list of items that could also serve as legal tender in the state, such as cattle, cotton and citrus.

In 2011, Utah became the first state to approve gold and silver coins as legal currency. States such as Montana, Missouri, Colorado, Idaho, Indiana, New Hampshire, South Carolina, and Washington have considered similar measures in recent years.

Correction: This post has been updated to show the Senate only gave preliminary approval to the bill on Wednesday. The Senate finally passed the bill on Thursday.

Source: http://livewire.talkingpointsmemo.com/entry/arizona-senate-approves-gold-siver-as-legal-tender

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Leaving NKorea, Rodman calls Kims 'great leaders'

Former NBA star Dennis Rodman, left, speaks to the media at the airport in Pyongyang, before he leaves North Korea Friday, March 1, 2013. Rodman hung out with North Korea's Kim Jong Un during his improbable journey to Pyongyang, watching the Harlem Globetrotters with the leader and later drinking and dining on sushi with him.(AP Photo/Kim Kwang Hyon)

Former NBA star Dennis Rodman, left, speaks to the media at the airport in Pyongyang, before he leaves North Korea Friday, March 1, 2013. Rodman hung out with North Korea's Kim Jong Un during his improbable journey to Pyongyang, watching the Harlem Globetrotters with the leader and later drinking and dining on sushi with him.(AP Photo/Kim Kwang Hyon)

North Korean leader Kim Jong Un, left, and former NBA star Dennis Rodman watch North Korean and U.S. players in an exhibition basketball game at an arena in Pyongyang, North Korea, Thursday, Feb. 28, 2013. Rodman arrived in Pyongyang on Monday with three members of the Harlem Globetrotters basketball team to shoot an episode on North Korea for a new weekly HBO series. (AP Photo/VICE Media, Jason Mojica)

Former NBA star Dennis Rodman, left, talks with a woman at the Pyongyang Airport before he leaves North Korea Friday, March 1, 2013. Rodman hung out with North Korea's Kim Jong Un during his improbable journey to Pyongyang, watching the Harlem Globetrotters with the leader and later drinking and dining on sushi with him.(AP Photo/Kim Kwang Hyon)

Former NBA star Dennis Rodman, left, is surrounded by the media at the Pyongyang Airport before he leaves North Korea Friday, March 1, 2013. Rodman hung out with North Korea's Kim Jong Un during his improbable journey to Pyongyang, watching the Harlem Globetrotters with the leader and later drinking and dining on sushi with him.(AP Photo/Kim Kwang Hyon)

Former NBA star Dennis Rodman speaks to the media at the Pyongyang Airport before he leaves North Korea Friday, March 1, 2013. Rodman hung out with North Korea's Kim Jong Un during his improbable journey to Pyongyang, watching the Harlem Globetrotters with the leader and later drinking and dining on sushi with him.(AP Photo/Kim Kwang Hyon)

(AP) ? Ending his unexpected round of basketball diplomacy in North Korea on Friday, ex-NBA star Dennis Rodman called leader Kim Jong Un an "awesome guy" and said his father and grandfather were "great leaders."

Rodman, the highest-profile American to meet Kim since he inherited power from father Kim Jong Il in 2011, watched a basketball game with the authoritarian leader Thursday and later drank and dined on sushi with him.

At Pyongyang's Sunan airport on his way to Beijing, Rodman said it was "amazing" that the North Koreans were "so honest." He added that Kim Jong Il and Kim Il Sung, North Korea's founder, "were great leaders."

"He's proud, his country likes him ? not like him, love him, love him," Rodman said of Kim Jong Un. "Guess what, I love him. The guy's really awesome."

At Beijing's airport, Rodman pushed past waiting journalists without saying anything.

Rodman's visit to North Korea began Monday and took place amid tension between Washington and Pyongyang. North Korea conducted an underground nuclear test just two weeks ago, making clear the provocative act was a warning to the United States to drop what it considers a "hostile" policy toward the North.

Rodman traveled to Pyongyang with three members of the professional Harlem Globetrotters basketball team, VICE correspondent Ryan Duffy and a production crew to shoot an episode on North Korea for a new weekly HBO series.

Kim, a diehard basketball fan, told the former Detroit Pistons and Chicago Bulls star that he hoped the visit would break the ice between the United States and North Korea, said Shane Smith, founder of the New York-based VICE media company.

Dressed in a blue Mao suit, Kim laughed and slapped his hands on a table during the game at Jong Ju Yong Gymnasium as he sat nearly knee to knee with Rodman. Rodman, the man who once turned up in a wedding dress to promote his autobiography, wore a dark suit and dark sunglasses, but still had on his nose rings and other piercings. A can of Coca-Cola sat on the table before him in photos shared with AP by VICE.

Smith, after speaking to the VICE crew in Pyongyang, said Kim and Rodman "bonded" and chatted in English, though Kim primarily spoke in Korean through a translator.

Thursday's game ended in a 110-110 tie, with two Americans playing on each team alongside North Koreans. After the game, Rodman addressed Kim in a speech before a crowd of tens of thousands of North Koreans and told him, "You have a friend for life," VICE spokesman Alex Detrick told AP.

At an "epic feast" later, the leader plied the group with food and drinks and round after round of toasts were made, Duffy said in an email to AP.

Duffy said he invited Kim to visit the United States, a proposal met with hearty laughter from the North Korean leader.

Kim said he hoped sports exchanges would promote "mutual understanding between the people of the two countries," the official Korean Central News Agency said.

North Korea and the U.S. fought on opposite sides of the three-year Korean War, which ended in a truce in 1953. The foes never signed a peace treaty, and do not have diplomatic relations.

Rodman's trip is the second attention-grabbing American visit this year to North Korea. Google's executive chairman, Eric Schmidt, made a four-day trip in January to Pyongyang, but did not meet the North Korean leader.

The Obama administration had frowned on the trip by Schmidt, who was accompanied by former New Mexico Gov. Bill Richardson, but has avoided criticizing Rodman's outing, saying it's about sports.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-03-01-NKorea-Rodman/id-4f8ba80fb6144102a04c0dce34d0a6d8

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Bomberman gets unofficial web-based version, crams in up to 1,000 online players

Bomberman gets unofficial webbased version Bombermine, crams in up to 100 online players

This is about to ruin any hopes you had of a productive day. Bombermine, an unofficial version of SNES throwback, Super Bomberman, is a web-based gift that lets you face-off against up to 1,000 players in a single game. Borrowing the same scoresheet setup of a first-person shooter, you'll auto-generate within an existing game once you've picked a username. Beta servers in Europe, the US and Japan all went live earlier this week. The gameplay is unaffected by the transition, although there are some new additions, like a chat window and even a Nyancat-tainted power-up to bring this terrible, terrible time-sink up to date. Get your work in order, then meet us on the servers at the source link.

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Via: TNW

Source: Bombermine

Source: http://www.engadget.com/2013/02/27/bomberman-unofficial-web-based-version/

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