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ARCHIVES NEWS California News History Archives California Archives 2007 California Archives 2006 California Archives 2005 California Archives 2004 California Archives 2003 California Archives 2002 California Archives California News |
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Jack
Abramoff
- 
John
A Boehner
- 
John
T Doolittle
- 
Legal
- 
Politics
- 
Ohio
- 
California
- 
Georgia
- 
Utah
- 
Colorado
- 
Indiana
- California
- 
Texas
- "Fellow
Republicans Help Doolittle Pay Legal Bills Stemming From Abramoff Ties."
... "A House Republican under Justice Department investigation because
of ties to convicted lobbyist Jack Abramoff has garnered help with his
legal bills from a handful of colleagues, including [Ohio Republican Representative]
Minority Leader John
A. Boehner." ... "[California Republican Representative] Rep. John
T. Doolittle, R-Calif., reported in a filing made available Thursday
that his legal expense fund had received $5,000 from Boehner’s leadership
PAC. The money was part of $36,500 kicked in by GOP colleagues to Doolittle’s
legal defense between June 27, when he opened the fund, and year’s end."
... "Other Republican lawmakers who contributed money from their campaign
funds or leadership committees included [Republican Senator] Sens. Saxby
Chambliss of Georgia, [Republican Senator] Orrin
G. Hatch of Utah and [Republican Senator] Wayne
Allard of Colorado, and Reps. [Republican Representative] Dan
Burton of Indiana, [Republican Representative] Wally
Herger of California, [Republican Representative] Jack
Kingston of Georgia, [Republican Representative] Sam
Johnson of Texas, and [California Republican Representative] Howard
P. “Buck” McKeon and [Republican Representative] Dana
Rohrabacher of California." -By Kathleen Hunter
-CQPolitics.com
Jack
Abramoff
- 
Randy
Cunningham
- 
Money
- 
Government
- Lawmakers
- 
History
- 
2006
Election - California
- 
Maryland
- "Question
of Timing on Bush’s Push on Earmarks." ... "[Republican]
President Bush has never shown much distaste for Congressional pork." ...
"In the last seven years he has signed spending bills containing about
55,000 earmarks worth more than $100 billion for projects like a new lane
for a local road, a new facade for a town landmark or a weapons contract
for a company that happened to be a big donor to an influential lawmaker."
... "Such projects tucked into the endnotes of complex spending bills at
the request of individual lawmakers with almost no oversight have contributed
to a mounting pileup of waste and corruption, including sending the [Republican]
lobbyist Jack Abramoff and the former [California Republican] congressman
Randy Cunningham, a California Republican, to jail." ... "Mr. Bush was
notably silent on the subject until after his fellow Republicans lost control
of Congress in the 2006 midterm elections." ... "“When the president and
the Republican Congress had the power to address this, they did nothing,”
[Maryland Democratic Representative Chris] Mr. Van Hollen said." -By
David
D. Kirkpatrick -NYTimes
Government
- 
Spy
- 
Intelligence
- Imagery
- 
Technology
- 
Communications
- California
- "U.S.
Spy Satellite, Power Gone, May Hit Earth." ... "A
disabled American spy satellite is rapidly descending and is likely to
plunge to Earth by late February or early March, posing a potential danger
from its debris, officials said Saturday." ... "Officials said that they
had no control over the nonfunctioning satellite and that it was unknown
where the debris might land." ... "Specialists who follow spy satellite
operations suspect it is an experimental imagery satellite built by Lockheed
Martin and launched from Vandenberg Air Force Base in California in December
2006 aboard a Delta II rocket. Shortly after the satellite reached orbit,
ground controllers lost the ability to control it and were never able to
regain communication." ... ""It's not necessarily dead, but deaf," said
Jonathan McDowell, an astronomer at the Harvard-Smithsonian Center for
Astrophysics and an analyst of various government space programs."
-NYTimes
Corporate
- 
Energy
- Politics
- 
Enron
- California
- 
University
- Texas
- "Suit
against bankers tied to Enron debacle is tossed:
In dismissing the appeal by the University of California, nation's high
court appears to have doomed other big cases against former energy trader's
bankers." ... "The Supreme Court today dismissed a huge lawsuit growing
out of the Enron debacle that sought to hold Wall Street bankers liable
for scheming with the executives of the defunct Houston [Texas] energy
trader." ... "Lawyers for investment funds and pension plans, including
the University of California's pension plan, had sued Merrill Lynch and
the other bankers, seeking to recover more than $30 billion that was lost
when Enron folded in 2001." -By David G. Savage
-LAtimes
Newspaper
- Politics
- Los
Angeles - California
- 
Illinois
- "Editor
Fires Parting Shot at His Chain." ... "The ousted
editor of The Los Angeles Times [based in Los Angeles, California] on Monday
offered a scathing critique of the newspaper industry and specifically
his longtime employer, the Tribune Company [national media conglomerate
based out of Chicago, Illinois], arguing that cost cuts, a lack of investment
and an aversion to serious news was damaging the business." ... "The editor,
James E. O’Shea, left after he refused to carry out another in a series
of newsroom budget cuts sought by the publisher in Los Angeles, David D.
Hiller — 15 months after Mr. Hiller fired the previous editor over the
same kind of dispute." ... "The current showdown and Mr. O’Shea’s parting
comments made for a remarkable statement by an editor who was seen as a
Tribune loyalist and was sent to Los Angeles to calm a rebellious staff."
... "“I disagree completely with the way that this company allocates resources
to its newsrooms, not just here but at Tribune newspapers all around the
country,” Mr. O’Shea wrote in a memo to the newspaper’s staff, echoing
farewell remarks he made Monday morning in the newsroom." ... "The chairman
and chief executive who took control of Tribune a month ago, Samuel Zell,
sided with Mr. Hiller." ... "[Mr. O'Shea asserted:] "“Even in hard times,
wise investment — not retraction — is the long-term answer to the industry’s
troubles,“ he wrote, while suggesting that Tribune executives have been
unable to see the logic of anything but budget cuts."
-By Richard
Pérez-Peña -NYTimes
Newspaper
- Los
Angeles - California
- Illinois
- "L.A.
Times editor fired, "significant changes" ahead."
... "The editor of the Los Angeles Times [Los Angeles, California], James
O'Shea, has been fired over a budgetary dispute only 14 months after he
took over the post, the newspaper said on Sunday." ... "O'Shea, a veteran
of the Chicago Tribune [Chicago, Illinois] who was hired by the Times in
November 2006, was fired by publisher David Hiller after he refused to
carry out some $4 million in cuts, said the newspaper on its Web site,
citing an unnamed source." ... "O'Shea's firing comes one month after the
paper's parent, Tribune Co, completed an $8.2 billion buyout led by Chicago
real estate tycoon Sam Zell." (1, 2)
-By Alexandria Sage with contributions by Paritosh
Bansal and Kim Coghill -Reuters
Israel
- 
Electronic
- 
Cars
- Manufacturing
- Transportation
- Technology
- Company
- 
Environmental
- 
Health
- Politics
- California
- 
US
- 
Japan
- 
France
- "Israel
Looks to Electric Cars." ... "The Israeli government
announced a major initiative to push the nation's drivers toward electric
cars on Monday, a move meant to both lessen dependence on foreign oil and
address the environmental and health hazards of gas-burning vehicles."
... "It aligns policy makers and a major car company with an outfit prepared
to build hundreds of thousands of electric charging stations across the
country. In an interview with TIME, Israeli President Shimon Peres called
the project, "an experimental lab, a pilot project, before it's applied
to other, bigger industrialized nations."" ... "Automaker Renault-Nissan
will manufacture the cars and Better Place, a California start-up founded
by former SAP executive Shai Agassi, will build the infrastructure, which
may eventually consist of 500,000 charging points and up to 200 battery-exchange
stations." ... "The [Renault-Nissan] Japanese-French auto alliance has
separately said that it will manufacture a hybrid by 2010 and an all-electric
car by 2012." ... "Agassi figures that if he adds electrical outlets to
at least 500,000 of Israel's three to four million parking spots, people
will feel like they can charge their cars whenever they need to." ... "For
longer drives, customers will be able to pull into a battery-swap station
and get a fresh battery." -By Barbara Kiviat with
contributions by Tim McGirk
-TIME.com
Environmental
- Corporate
- Government
- Law
- Politics
- 
Investigation
- California
- Cars
- 
Emissions
- "EPA
won't give details on denying emissions waiver."
... "Invoking executive privilege, the [Republican President Bush run]
U.S. [United States] Environmental Protection Agency refused to provide
lawmakers Friday with a full explanation of why it rejected California's
greenhouse gas regulations." ... "The EPA informed [California Democratic
Senator] Sen. Barbara Boxer, D-Calif., that many of the documents she had
requested contained internal deliberations or attorney-client communications
that would not be shared with Congress." ... "The refusal to provide a
full explanation is the latest twist in a congressional investigation into
why the EPA denied California permission to impose what would have been
the country's toughest greenhouse gas standards on cars, trucks and sport
utility vehicles." -AP
via -SFGate.com
Duncan
Hunter
- 
Mitt
Romney
- 
Fred
Thompson
- California
- 
Nevada
- 
Wyoming
- 
Massachusetts
- 
Tennessee
- 2008
Election - "Poor
Showings Push GOP’s Hunter to Quit White House Bid."
... "California [Republican Representative and 2008 Election Republican
Presidential Candidate] Rep. Duncan Hunter dropped his longshot bid for
the Republican presidential nomination Saturday night after drawing minimal
support in the contests so far — including Nevada’s GOP caucuses, in which
he took just 2 percent of the vote." ... "Hunter did win one delegate in
Wyoming’s Republican county conventions on Jan. 5, where former Massachusetts
Gov. [Governor and 2008 Election Republican Presidential Candidate] Mitt
Romney won eight and ex-Tennessee Sen. [Senator and 2008 Election Republican
Presidential Candidate] Fred Thompson won three." -By
Marie Horrigan -CQPolitics.com
Dick
Cheney
- Government- Electronic
- 
E-Mail
- History
- Censorship- Politics
- Presidential
Records Act - Archives
- Law
- Calif
- "White
House Study Found 473 Days of E-Mail Gone." ... "The
[Republican President Bush] White House possesses no archived e-mail messages
for many of its component offices, including the Executive Office of the
President and the Office of the Vice President [Dick Cheney], for hundreds
of days between 2003 and 2005, according to the summary of an internal
White House study that was disclosed yesterday by a congressional Democrat."
... "The 2005 study -- whose credibility the White House attacked this
week -- identified 473 separate days in which no electronic messages were
stored for one or more White House offices, said House Oversight and Government
Reform Committee Chairman [California Democratic Representative] Henry
A. Waxman (D-Calif.)." ... "Waxman said he decided to release the summary
after White House spokesman Tony Fratto said yesterday that there is "no
evidence" that any White House e-mails from those years are missing. Fratto's
assertion "seems to be an unsubstantiated statement that has no relation
to the facts they have shared with us," Waxman said." ... "The competing
claims were the latest salvos in an escalating dispute over whether the
[Republican President] Bush administration has complied with long-standing
statutory requirements to preserve official White House records -- including
those reflecting potentially sensitive policy discussions -- for history
and in case of any future legal demands." ... "The White House is required
by law to preserve e-mails considered presidential or federal records,
and it is the target of several lawsuits seeking information about missing
data and efforts to preserve electronic communications." (1, 2)
-By Dan Eggen and Elizabeth Williamson
-WashingtonPost
John
Edwards
- Education
- Health
Care - 
Working
- 
People
- Money
- 2008
Election - California-
"With
dig at Schwarzenegger, John Edwards campaigns in Calif.."
... "[2008 Election Democratic Presidential Candidate] John Edwards accused
[Republican California Governor] Gov. Arnold Schwarzenegger Thursday of
trying to gut education and health care programs at a campaign rally where
he also promised to usher in a new era of prosperity for working-class
America." ... "The Democratic presidential candidate expressed disbelief
that the Republican governor was taking aim at schools and the sick when
more investment is needed, not less. Schwarzenegger's spending blueprint
calls for 10 percent cuts to most state agencies and would slash classroom
funding by hundreds of dollars per student." ... ""The last thing that
needs to happen ... is to have any of the funding that is necessary to
provide health care for Californians cut. That funding needs to be there,"
Edwards said." ... ""We should not be cutting funding for K-through-12
education," he added. "Who in the world in America thinks we have too much
money invested in public education? This makes absolutely no sense."" -By
Michael R. Blood -AP
via -SFGate.com
Countrywide
Financial Corp - Consumers
- 
Homes
- California
- Employees
- "Mozilo
could reap $115 million: The Countrywide [home mortgage
corporation] CEO's [Chief Executive Officer's] potential pay if his company
is acquired rankles critics." ... "Countrywide Financial Corp. [Corporation]
founder Angelo Mozilo, one of the nation's highest-paid chief executives,
stands to reap $115 million in severance-related pay if his troubled company
is acquired by Bank of America Corp., regulatory filings show." ... "Free
rides on the company jet are also included in Mozilo's departure deal,
and the company will pick up his country club bills until 2011." ... "Other
executives, including Home Depot Inc.'s [Incorporated's] jettisoned CEO,
Robert Nardelli, have garnered bigger going-away packages. But critics
say Mozilo's arrangement is especially nettlesome given the losses that
Countrywide investors have suffered in the last year. Company shares rallied
Thursday to $7.75, up $2.63, but that's still down 82% from their high
last year." ... ""He has driven the stock price into the ground and the
company has been destroyed," [American Federation of State, County and
Municipal Employees director of pension and benefits policy Richard] Ferlauto
said. "Their customers have lost their homes and he is potentially walking
away with more than $100 million. For us, that's unconscionable enrichment.""
... "The [Los Angeles] Times reported last year that Mozilo made changes
to his stock-trading arrangements that allowed him to ramp up his sales
of company stock before Countrywide shares went into a tailspin." ... "Combining
those sales with pay and previous gains on the sale of stock, Mozilo has
taken more than $650 million out of Countrywide over the course of the
last 10 years, Ferlauto said. Add in potential severance payments and the
Calabasas[California]-based company would have enriched Mozilo to the tune
of three-quarters of a billion dollars." -By Kathy
M. Kristof -LAtimes
John
Ashcroft - 
Michael
B Mukasey
- 
Alberto
R Gonzales - 
Debra
Wong Yang - Criminal
- Corporate
- Government
- Lawyers
- US
Attorneys - Politics
- Medical
- 
New
Jersey - Indiana
- 
New
York
- Los
Angeles - California
- "Ashcroft
Deal Brings Scrutiny in Justice Dept.." ... "When
the top federal prosecutor in New Jersey [Christopher J. Christie] needed
to find an outside lawyer to monitor a large corporation willing to settle
criminal charges out of court last fall, he turned to [Republican] former
Attorney General John Ashcroft, his onetime boss. With no public notice
and no bidding, the company awarded Mr. Ashcroft an 18-month contract worth
$28 million to $52 million." ... "That contract, which Justice Department
officials in Washington learned about only several weeks ago, has prompted
an internal inquiry into the department’s procedures for selecting outside
monitors to police settlements with large companies." ... "The contract
between Mr. Ashcroft’s consulting firm, the Ashcroft Group, and Zimmer
Holdings, a medical supply company in Indiana, has also drawn the attention
of Congressional investigators." ... "The New Jersey prosecutor, United
States Attorney Christopher J. Christie, directed similar monitoring contracts
last year to two other former Justice Department colleagues from the [Republican
President] Bush administration, as well as to a former Republican state
attorney general in New Jersey." ... "Officials said that while there had
been no accusations of wrongdoing on the part of Mr. Christie or Mr. Ashcroft,
aides to Attorney General Michael B. Mukasey were concerned about the appearance
of favoritism." ... "Mr. Mukasey, a former federal judge who was sworn
in as attorney general in November, has vowed to remove political considerations
from decision-making at the department in the wake of a series of scandals
under his predecessor, Alberto R. Gonzales." ... "In the Bush administration,
federal prosecutors have increasingly relied on out-of-court settlements
with large corporations in criminal investigations that in the past might
have resulted in indictments and trials." ... "Mr. Christie directed similar
contracts in settlements with other medical-supply companies to two other
former Justice Department colleagues — David N. Kelley, the former United
States attorney in Manhattan [New York], and Debra Wong Yang, his counterpart
in Los Angeles [California] — and to David Samson, the former Republican
attorney general in New Jersey." (1, 2)
-By Philip Shenon -NYTimes
John
Doolittle
- Jack
Abramoff
- 
Brent
Wilkes - Randy
Cunningham - 
Military
- Government
- Money
- Politics
- San
Diego - California
- "Lawmaker
Tied to Abramoff to Retire." ... "[Republican] Representative
John Doolittle of California, once a rising star in the Republican Party
but more recently under investigation in a scandal involving the disgraced
lobbyist Jack Abramoff, announced his retirement from Congress on Thursday,
declaring that it was time for a new chapter in his life." ... "He stepped
down last April from the powerful Appropriations Committee after he was
linked to three inquiries involving accusations that panel members accepted
bribes or campaign contributions in exchange for earmarking federal money
to certain projects." ... "Mr. Doolittle has also been under scrutiny for
the role that Mrs. Doolittle has played as a fund-raiser for her husband.
Under the arrangement, the Doolittles kept some of the contributions given
to his campaign committees, blurring the distinction between personal and
campaign contributions." ... "Finally, Mr. Doolittle is under investigation
for his ties to Brent Wilkes, a San Diego [California] military contractor
who was convicted in November of 13 felonies related to the bribery of
former Representative Randy Cunningham, another California Republican."
-By David Stout -NYTimes
John
Doolittle
- Jack
Abramoff
- Calif- Lawmaker- Investigated
- 
Va
- 2008
Election - "GOP
officials urging embattled Calif. Rep. Doolittle not to seek reele[ction]."
... "As speculation mounts about his future, [California Republican Representative]
Rep. John Doolittle (R-Calif.) is being urged by friends and colleagues
not to seek reelection [2008 Election]." ... "Republican operatives fear
that if Doolittle does not retire at the end of this Congress and survives
what would be a bruising GOP [Grand Old Party=Republican] primary, they
will lose the nine-term lawmaker’s seat. Doolittle is under an ethics cloud,
having had his Virginia house investigated by the FBI [Federal Bureau of
Investigation] last year. Several prominent Republicans are seeking to
defeat him in the primary." ... "The FBI raided his Oakton, Va. [Virginia],
home in an attempt to gain information about Sierra Dominion, a fundraising
company operated by his wife, Julie, that received payments from Jack Abramoff."
-By Jackie Kucinich with contributions by Susan Crabtree
and Aaron Blake -TheHill.com
John
Edwards
- 
Hillary
Clinton
- 
Families
- Health-Care- 
Drug
- Corporations
- 
Multinationals
- US
- Jobs
- California
- 
New
Hampshire - 2008
Election - "Edwards
focuses on health in final campaign push." ... "[2008
Election Democratic President] John Edwards appealed to the emotions of
New Hampshire voters in his final campaign push last night by bringing
on stage with him three families who had suffered from lack of health care."
... "On a 36-hour non-stop, marathon bus tour round New England, he put
health care at the core of his message." ... "At a rally in Elk Lodge,
Dover [New Hampshire], he lambasted health insurance firms and drug companies,
as well as multinationals who have transferred US jobs overseas. "The powerful
interests in Washington have an iron-clad clasp on your democracy," he
said." ... "The families with him included a mother, Hilda Sarkisyan, whose
17-year-old daughter Natalie died from cancer on December 20 in California
after an insurance company failed to pay up for a liver transplant that
could have saved her." ... "Edwards said: "This should never happen in
the United States of America. Things have to change."" ... "Hillary Clinton's
team accused him of exploiting the families. Edwards, who has been outspoken
in criticism of Clinton, retorted that the Clinton campaign had "no conscience"."
-By Ewen MacAskill -Guardian.co.uk
US
Immigrant - 
Women
- Children
- Politics- Sacramento
- California
- US
- 
Mexico-
"Abused
immigrant spouses may face deportation: U.S. [United
States] rethinks its policy of letting them remain here in certain cases."
... "The U.S. Department of Homeland Security is re-examining a longtime
policy [Violence Against Women Act visas] to let immigrant spouses remain
here when their abusive U.S. citizen or permanent-resident spouses refuse
to help them obtain legal status." ... "Ana Bertha Arellano, who runs her
own Sacramento [California's capital] restaurant and cleans offices all
night as a janitor, fears a change in that policy would destroy the safe
life she's been struggling to build for herself and her children." ...
"Without that protection, Arellano could end up deported by the same U.S.
officials who agreed to shelter her from abuse six years ago and legally
stay here on a special provisional visa." ... ""I have my own health insurance.
I don't take any aid for anything. I don't want anything else but a chance
to have some stability for my family," said Arellano, 37, one of the thousands
of immigrants, many mothers of U.S.-born children, who could be affected
if the policy shifts." ... "Arellano's story, like many, begins with marriage
to a husband she loved and with whom she had two children, both born here.
But her husband, a permanent resident of the United States, never filed
papers to sponsor her for permanent residency, she said." ... "After they
were married, she said he told her to cross the border from Mexico illegally
in 1997, saying he would submit their application once she got here." ...
"Instead, she said, he used her undocumented status to prevent her from
complaining about his subsequent beatings and verbal taunts." ... "Beth
Hassett, executive director of Women Escaping a Violent Environment, which
counsels battered women in Sacramento County, predicted that a hard-line
policy will cause immigrant women to remain in violent relationships if
coming forward leaves them vulnerable to deportation." (1, 2)
-By Susan Ferriss -SacBee.com
John
Edwards
- New
Hampshire - 
Iowa
- 
North
Carolina - California
- Teenager
- Health
- Company
- Drug
- 
Christmas
- Working
- People
- 2008
Election - "Underdog
Edwards says he won't give up the fight for the White House."
... "The former senator from North Carolina [2008 Election Democratic Presidential
Candidate John Edwards] sought to bring added emotional wallop to his message
before Tuesday's primary by campaigning with the family of a Northridge
[California] teenager who died after her insurance company delayed approval
for a liver transplant." ... "The newest participants in the Edwards campaign
were the Sarkisyans of the San Fernando Valley [California], whose 17-year-old
daughter, Nataline, died just before Christmas of complications from leukemia.
After much debate, the family's insurance company had approved a liver
transplant, but she died hours later." ... ""When I talk about what insurance
companies and drug companies are doing to America, this is what I mean,"
Edwards said to a crowd of about 500 in Manchester [New Hampshire], where
some were moved to tears by the family's story. "This has real effects
on real people's lives."" ... "Grigor Sarkisyan told the audience how he
had promised to buy his daughter a white car after she got out of the hospital,
but had to buy a white coffin instead. He said he thought he had done everything
he was supposed to as a father: working hard, supporting his family and
buying health insurance he thought would take care of them if they got
sick." ... "His wife, Hilda Sarkisyan, had heard Edwards' speech Thursday
after his second-place finish in the Iowa caucuses and called the candidate's
campaign. The family arrived in New Hampshire on Sunday morning." ... "The
couple urged voters to support Edwards, saying he is the lone candidate
who will fight for Americans against such powerful interests as insurance
companies." ... ""They cannot tell us who's going to live and who's going
to die," Hilda Sarkisyan said." -By Seema Mehta and
James Rainey -LAtimes
Mitt
Romney
- Bain
Capital - US
- 
China
- Military
- Intelligence
- Telecommunications
- Manufacturing
- Computer
- 
Networking
- Hackers
- Technology
- Corporation
- Government
- Lawmakers
- Politics
- Mass
- California
- 
India
- 2008
Election - "Telecom
Firm in China Sets Sights on U.S. Market: Ownership,
Tactics Raise Security Issues." ... "From a fortress-like corporate campus
in this southern city [of Shenzen, China], retired army officer Ren Zhengfei
is building one of China's most successful experiments in capitalism. A
mammoth operation with 70,000 employees and strong backing from the state,
Huawei Technologies brags that its goal is to dominate telecommunications
equipment markets all over the world." ... "Its current focus: America."
... "Three months ago, Huawei teamed up with Bain Capital Partners [2008
Election Republican Presidential Candidate Mitt Romney's venture capital
firm] in a $2.2 billion takeover bid for U.S. [United States] networking
pioneer 3Com Corp. [Corporation], a Marlborough, Mass. [Massachusetts],
company that makes systems to protect against computer hackers." ... "Fueling
[American] lawmakers' unease about the Huawei deal is that no one knows
exactly who owns it. Technically, Huawei is a private venture, not state-owned.
But the company won't reveal information about its shareholders except
to say it's "100 percent employee-owned," with its chief executive owning
1 percent." ... "Research organization Rand Corp. said that Huawei has
"deep ties" with the Chinese military. It is not only a customer of Huawei's,
Rand said in an analysis prepared for the U.S. government, but also was
a "political patron and research and development partner."" ... "The United
States is not the only place where Huawei's operations have triggered national
security concerns. In India, where Huawei operates its largest research
and development facility outside of China, the company's efforts to build
a manufacturing base have raised concerns among the country's intelligence
agencies." ... "In a note circulated at a meeting of India's joint intelligence
committee on Nov. [November] 8, Huawei is listed as a "sectoral threat.""
... "Huawei's approach to leadership and innovation is in some ways the
antithesis of its Silicon Valley competitors. While California's high-tech
giants pride themselves on their flat management structure, in which chief
executives sit down next to engineers to brainstorm and allow their scientists
and engineers the freedom to think big thoughts, Huawei is known for its
military-style approach." (1, 2)
-By Ariana Eunjung Cha with contributions by Wu Meng
and Rama Lakshmi -WashingtonPost
Ron
Paul
- Duncan
Hunter
- 
Rudolph
W Giuliani
- Corporate
- 
TV
- Politics
- Censorship
- New
Hampshire - Iowa
- Texas
- California
- 2008
Election - "New
Hampshire G.O.P. Backs Out of Fox Forum." ... "[2008
Election Republican Presidential Candidate] Ron Paul raised nearly $20
million in the last quarter, likely more than any of his rivals. He garnered
10 percent of the Republican vote in the Iowa
Caucuses, surpassing [2008 Election Republican Presidential Candidate]
Rudolph W. Giuliani. And he’s in New Hampshire this weekend on the airwaves
and the campaign trail before the Jan. 8 primary." ... "But the Texas congressman
and presidential contender won’t
be getting a seat and the table at Sunday’s Fox News Republican candidate
forum." ... "On Saturday the New Hampshire Republican party expressed its
disappointment with the decision to exclude Mr. Paul and Representative
Duncan Hunter of California by severing its partnership with Fox." ...
"“We believe that it is inconsistent with the first in the nation primary
tradition to be excluding candidates in a pre-primary setting,” said Fergus
Cullen, chair of the state G.O.P. [Grand Old Party=Republican] party. “All
candidates regardless of how well known they are or how much money they’ve
raised should be treated equally here.”" -By Michael
Falcone -NYTimes
Oil
- Money
- 
FOOD:
Wheat, Soybeans, Corn - History
- World
- US
- California
- New
York
- "Commodities
Surge, Led by Oil at $100, Record Gold (Update7)."
... "Crude oil reached a record $100 a barrel and gold soared to the highest
ever, leading a commodity surge as the dollar's slump against major currencies
enhanced the appeal of raw materials as hedges against inflation." ...
"Spot gold climbed to $860.10 an ounce, and wheat and soybeans jumped more
than 3 percent. The UBS Bloomberg Constant Maturity Commodity Index gained
2.2 percent today to a record after climbing 22 percent in 2007. The dollar
fell on speculation the Federal Reserve will cut borrowing costs in an
attempt to bolster the U.S. economy." ... "``The most salient buzzword
in 2008 is going to be inflation,'' said Michael Pento, senior market strategist
for Delta Global Advisors Inc. in Huntington Beach, California, which manages
about $1.4 billion. ``The Fed is lowering interest rates and vastly increasing
the money supply. They're further fueling inflationary expectations.''"
... "Crude-oil futures for February delivery rose $3.64, or 3.8 percent,
to close at $99.62 a barrel on the New York Mercantile Exchange. The previous
intraday record was $99.29 on Nov. 21." ... "Gold for immediate delivery
surged $23.25, or 2.8 percent, to $856.95 an ounce at 4:35 p.m. New York
time. Gold futures for February delivery rose $22, or 2.6 percent, to $860
an ounce on the Comex division of the Nymex, a record settlement. The metal
earlier reached $864.90, the highest for a most-active contract since Jan.
21, 1980, the day futures reached a record $873." ... "The price of heating
oil also surged to a record, and natural gas soared 4.9 percent. Platinum
jumped to the highest ever, while the dollar fell as much as 1 percent
against a basket of six major currencies after the measure tumbled 8.3
percent in 2007." ... "Wheat and soybean prices jumped almost 80 percent
last year, and corn last month climbed to the highest in 11 years." -By
Pham-Duy Nguyen and Mark Shenk -Bloomberg
