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US News, United States News, American News, USA News |
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American News:"Ex-KBR Workers to Testify on Contract Fraud." ... "Two former KBR employees, Frank Cassaday and Linda Warren, are slated to testify before the Senate Democratic Policy Committee next Monday, according to the panel." ... "The two reportedly sued their former employer on behalf of the U.S. [United States] government, claiming KBR fraudulently boosted the number of soldiers using KBR-managed recreation facilities in an effort to inflate the fees it was paid." ... "Under a massive new Army logistics contract, KBR will be one of three firms to compete for as much as $150 billion in contracts to provide housing, laundry and other basic services in Iraq, Afghanistan and around the world, the Army announced April 17." -ABCNEWS.com "Resignation tightens Murdoch's grip on the Journal." ... "Marcus Brauchli has resigned as managing editor of the Wall Street Journal, according to people familiar with the matter." ... "Mr Brauchli's departure comes just four months after the US financial newspaper and its parent company, Dow Jones, were taken over by Rupert Murdoch's News Corp in a $5bn deal." ... "Mr Brauchli, who joined the Journal in 1984 as a copy editor and served as a foreign correspondent in Asia, was appointed to the paper's top editorial job a year ago to replace Paul Steiger." ... "His resignation is expected to revive the debate about Mr Murdoch's stewardship of one of the world's most respected newspapers." ... "Many Journal reporters vehemently opposed Mr Murdoch's approach last year, arguing that the media mogul would tarnish the paper's reputation for journalistic integrity. Some even sent petitions to Dow Jones shareholders urging them to reject his $60-per-share offer." ... "Mr Murdoch, who long coveted the Journal, has also become a regular feature at the paper's lower Manhattan [New York] offices, according to people familiar with the matter, working diligently to put his stamp on the paper." ... "Some of his changes became apparent this week, including an expansion of the Journal's editorial page. Under Mr Murdoch, the paper also has been broadening its focus on political and lifestyle reporting." ... "That shift appears to be part of an effort to compete more directly with the New York Times for both readers and advertisers." ... "However, some critics have argued that those moves could also water down the paper's reputation for business and financial coverage and alienate its core readers." (1, 2) -By Joshua Chaffin -FT.com "McCain Loses 27% of Pennsylvania Vote." ... "Pennsylvania had a Republican primary on Tuesday." ... "And more than 800,000 Pennsylvanians took Republican ballots. That's only about a third as many as voted in the Democratic primary, but its still a significant GOP [GOP=Grand Old Party=Republican] turnout." ... "[2008 Election Republican Presidential Candidate John] McCain finished with an uninspiring 73 percent of the vote Tuesday." ... "[2008 Election Republican Presidential Candidate Ron] Paul got 16 percent." ... "[2008 Election Republican Presidential Candidate Mike] Huckabee's non-candidacy took 11 percent." ... "When all the Republican votes were counted, more than 200,000 ended up in the columns of what can best be described as the Anybody-but-McCain candidates." -By John Nichols -TheNation.com "McCain picks failing Ohio factory to laud free trade." ... "Standing before a nearly shuttered factory pocked with broken windows in a city devastated by the erosion of its industrial base, John McCain on Tuesday urged Americans to reject the "siren song of protectionism" and embrace free trade." ... "The hardships are all too real in Youngstown [Ohio]. The city has lost more than 40,000 jobs since its signature steel industry collapsed in the 1970s and '80s. Its population is less than half its peak of 170,000 in the 1950s. About 25 percent of those who remain live below the poverty line." ... ""It may be a photo op for John McCain but people in Youngstown and cities across America are really hurting from the Bush economy and are looking for real help," Democratic National Committee Chairman Howard Dean said. "McCain's only plan is to continue Bush's failed economic policies but the American people are saying enough is enough."" -By Matt Stearns -McClatchyDC.com "A Developer, His Deals and His Ties to McCain." ... "Donald R. Diamond, a wealthy Arizona real estate developer [based in Tucson, Arizona], was racing to snap up a stretch of virgin California coast freed by the closing of an Army base a decade ago when he turned to an old friend, [2008 Election Republican Presidential Candidate and Arizona] Senator John McCain." ... "When Mr. Diamond wanted to buy land at the base, Fort Ord [in California], Mr. McCain assigned an aide who set up a meeting at the Pentagon and later stepped in again to help speed up the sale, according to people involved and a deposition Mr. Diamond gave for a related lawsuit. When he appealed to a nearby city for the right to develop other property at the former base, Mr. Diamond submitted Mr. McCain’s endorsement as “a close personal friend.”" ... "Writing to officials in the city, Seaside, Calif. [California], the senator said, “You will find him as honorable and committed as I have.”" ... "Courting local officials and potential partners, Mr. Diamond’s team promised that he could “help get through some of the red tape in dealing with the Department of the Army” because Mr. Diamond “has been very active with Senator McCain,” a partner said in a deposition." ... "A longtime political patron, Mr. Diamond is one of the elite fund-raisers Mr. McCain’s current presidential campaign calls Innovators, having raised more than $250,000 so far." ... "In California, the McCain aide’s assistance with the Army helped Mr. Diamond complete a purchase in 1999 that he soon turned over for a $20 million profit. And Mr. McCain’s letter of recommendation reinforced Mr. Diamond’s selling point about his McCain connections as he pursued — and won in 2005 — a potentially much more lucrative deal to develop a resort hotel and luxury housing." ... "In Arizona, Mr. McCain has helped Mr. Diamond with matters as small as forwarding a complaint in a regulatory skirmish over the endangered pygmy owl, and as large as introducing legislation remapping public lands. In 1991 and 1994, Mr. McCain sponsored two laws sought by Mr. Diamond that resulted in providing him millions of dollars and thousands of acres in exchange for adding some of his properties to national parks. The Arizona senator co-sponsored a third similar bill now before the Senate." ... "Mr. Diamond and his family have given more than $55,000 to Mr. McCain’s campaigns (and more than $600,000 to other federal candidates). More significantly, the developer has collected (or “bundled”) hundreds of thousands of dollars in contributions from others, and is now serving as a national co-chairman of the finance committee for Mr. McCain’s current presidential run." ... "Mr. Diamond is close to most of Arizona’s Congressional delegation and is candid about his expectations as a fund-raiser. “I want my money back, for Christ’s sake. Do you know how many cocktail parties I have to go to?”" ... "“Don Diamond has done very well through these land exchanges,” said Sandy Bahr, director of the Arizona chapter of the Sierra Club. “It is the public that got shortchanged.” " (1, 2, 3, 4) -By David D. Kirkpatrick and Jim Rutenberg with contributions by Kitty Bennett and Barclay Walsh -NYTimes "[MAP GRAPHIC] Land Swap." ... "Laws in the 1990s, supported by Senator John McCain, allowed private owners to exchange land near Saguaro National Park for land elsewhere in Arizona and or for monetary compensation. Mr. McCain co-sponsored a similar Senate bill in 2007." -NYTimes "[DOCUMENT: John McCain letter supporting campaign contributor Donald R. Diamond.]" ... "A letter from Senator John McCain may have helped Donald R. Diamond, a longtime friend, gain the rights to develop property at a former Army base. Mr. Diamond has raised more than $250,000 so far for Mr. McCain’s presidential campaign." -NYTimes "Stephanopoulos left unchallenged McCain's assertion that "every time you have cut capital gains taxes, revenues have increased"." ... "Summary: [DISNEY/ABC's] This Week's George Stephanopoulos did not challenge [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain's assertion that "history shows every time you have cut capital gains taxes, revenues have increased -- going back to Jack Kennedy." Stephanopoulos did not note that, notwithstanding a potential short-term revenue increase, many economists have challenged the claim that revenue goes up over the long term as a result of capital gains tax rates being cut." ... "On the April 20 edition of ABC's This Week, host George Stephanopoulos did not challenge Sen. John McCain's assertion that "history shows every time you have cut capital gains taxes, revenues have increased -- going back to Jack Kennedy." McCain's claim echoed ABC World News anchor Charles Gibson's assertion, during the April 16 Democratic presidential debate, that "history shows that when you drop the capital gains tax, the revenues go up." Additionally, during a panel discussion later on This Week, Washington Post columnist George F. Will asserted, "[I]t's true that when you raise capital gains taxes -- rates, you lower revenues from that." However, as Media Matters for America documented, notwithstanding a potential short-term revenue increase, many economists have challenged the claim that revenue goes up over the long term as a result of capital gains tax rates being cut. Indeed, the nonpartisan Joint Committee on Taxation estimated in June 2006 that the 2006 extension of the 2003 cuts on capital gains taxes would result in decreased revenues of $20 billion over 10 years." ... "In a 2006 letter to Congress, the Congressional Budget Office (CBO) stated, "In analyzing the relationship between capital gains tax rates and capital gains realizations, it is important to distinguish between the temporary and permanent effects of tax rate changes. Investors can generally choose when to realize their gains; if they believe that tax rates will change in the future, they may try to time their realizations to occur during a period with lower tax rates."" -By Eric H. Hananoki and Jenny Hoffman -MediaMatters.org "Former Justice official pleads guilty in Abramoff probe." ... "The [Republican President Bush] Justice Department lost one of its own to the Jack Abramoff lobbying scandal Tuesday as a former high-ranking department attorney pleaded guilty to conflict of interest." ... "Robert E. Coughlin II admitted in federal court in Washington that he accepted meals, concert tickets and luxury seats at Redskins and Wizards games from a lobbyist while helping the lobbyist and his clients. He pleaded guilty to a single conflict-of-interest charge and faces up to 10 months in prison under a plea deal with the government." ... "The lobbyist is identified in court documents only as "Lobbyist A," but details make clear that he is Kevin Ring, a former member of Abramoff's lobbying team who also is under investigation." ... "Coughlin, now 36 and living in Texas, accepted the gifts from 2001 to 2003 while working on legislative affairs for the Justice Department. He later became deputy chief of staff of the department's criminal division - the same division handling the Abramoff probe - before he resigned a year ago, citing personal reasons." ... "Ring worked for [California Republican Representative John] Doolittle, who's retiring from Congress at the end of this year, before going to work for Abramoff." -By Erica Werner with contributions by Matt Apuzzo -AP via -Courier-Journal.com "Regulator fears wave of bank failures." ... "US bank failures could rise above "historical norms" as a weakening economy puts pressure on badly underwritten loans, particularly in commercial real estate, according to a bank regulator." ... "In an interview with the Financial Times, John Dugan, who oversees about 1,700 national banks as comptroller of the currency, said the growing problems for lenders follow a period of almost four years in which no institution regulated by his agency had failed." ... "Mr Dugan's Office of the Comptroller of the Currency is particularly worried about lending by smaller banks to commercial real estate developers for condominiums and other projects. More than a third of smaller community banks have made commercial property loans that exceed 300 per cent of their capital, the OCC [Office of the Comptroller of the Currency] says. By comparison, in 1987, when hundreds of banks failed amid a commercial property collapse, such banks had commercial property loans equal to 175 per cent of their capital." (1, 2) -By Daniel Pimlott, Krishna Guha and Joanna Chung -FT.com "Scientists: Smog contributes to premature death." ... "Short-term exposure to smog, or ozone, is clearly linked to premature deaths that should be taken into account when measuring the health benefits of reducing air pollution, a National Academy of Sciences review concludes." ... "The findings contradict arguments made by some [Republican President Bush] White House officials that the connection between smog and premature death has not been shown sufficiently and that the number of saved lives should not be calculated in determining clean air benefits." ... "The report released Tuesday by a panel of the Academy's National Research Council says government agencies "should give little or no weight" to such arguments." ... ""The committee has concluded from its review of health-based evidence that short-term exposure to ambient ozone is likely to contribute to premature deaths," the 13-member panel said." ... "It added that "studies have yielded strong evidence that short-term exposure to ozone can exacerbate lung conditions, causing illness and hospitalization and can potentially lead to death."" ... "Ground-level ozone is formed from nitrogen oxide and organic compounds created by burning fossil fuels and is demonstrated often by the yellow haze or smog that lingers in the air. Ozone exposure is a leading cause of respiratory illnesses and especially affects the elderly, those with respiratory problems and children." -AP via -CNN "Life Expectancy Drops for Some U.S. Women: Historic Reversal, Found in 1,000 Counties, May Be Result of Smoking and Obesity." ... "For the first time since the Spanish influenza of 1918, life expectancy is falling for a significant number of American women." ... "In nearly 1,000 counties that together are home to about 12 percent of the nation's women, life expectancy is now shorter than it was in the early 1980s, according to a study published today." ... ""I think this is a harbinger. This is not going to be isolated to this set of counties, is my guess," said Christopher J.L. Murray, a physician and epidemiologist at the University of Washington who led the study. It is being published in PLoS Medicine [PDF], an open-access journal of the Public Library of Science." ... "The study found a smaller decline, in far fewer places, in the life expectancy of men in this country. In all, longevity is declining for about 4 percent of males." ... "The phenomenon appears to be not only new but distinctly American." ... "Life expectancy is not a direct measure of how long people live. Instead, it is a prediction of how long the average person would live if the death rates at the time of his or her birth lasted a lifetime." ... "About 33 percent of women are now obese, compared with 31 percent of men. Extreme obesity is twice as common in women (7 percent) as in men (3 percent)." (1, 2) -By David Brown -WashingtonPost "Judge Awards Canceled Cancer Patient $9 Million." ... "A woman who had her medical coverage canceled as she was undergoing treatment for breast cancer has been awarded more than $9 million in a case against one of California's largest health insurers." ... "Patsy Bates, 52, a hairdresser from Gardena [California], had been left with more than $129,000 in unpaid medical bills when Health Net Inc. canceled her policy in 2004." ... "In fact, she was in the hospital getting prepped for surgery when she first learned Health Net was dropping her." ... "Some of the documents Health Net was forced to hand over revealed that senior analyst, Barbara Fowler, single-handedly dropped hundreds of policy holders like Bates from the rolls every year." ... "The shocker: the company awarded her bonuses based on how many policy holders she dropped." ... "The company called 2003 - the year Fowler dropped Patsy Bates - "a banner year" for her, for saving the company $6 million in what they call "unnecessary health care expenses."" -CBS4.com |
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