Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Wednesday, April 3, 2013

The ACN Morning Report -- Thursday, April 4, 2013

North Korea Moves Missiles Towards U.S. -- Carnival Cruise Lines, The US Military, and Senator Jay Rockefeller -- Disney Shutters Lucas Arts -- Anonymous Threatens North Korea -- The IRS Could Do Your Taxes -- Triumph In Trouble -- Obama To Give 5% For Sequester -- U.S. Sends Missile Defenses To Guam -- Fort Knox Temporarily Locked Down

NORTH KOREA SEEN MOVING MID-RANGE MISSILE TO EAST COAST

SEOUL (Reuters) - North Korea has moved what appears to be a mid-range Musudan missile to its east coast, South Korea's Yonhap news agency said on Thursday, quoting multiple government sources privy to intelligence from U.S. and South Korean authorities.

It was not clear if the missile was mounted with a warhead or whether the North was planning to fire it or was just putting it on display as a show of force, one South Korean government source was quoted as saying.

CARNIVAL RESPONDS TO SENATOR: NO WAY WE'RE PAYING FOR TRIUMPH

Carnival Corp. indicated in a couple of letters to Senator Jay Rockefeller that it has no intent to reimburse the U.S. Coast Guard and Navy for assistance in the recent Carnival Triumphaccident, the 2010 Carnival Splendor incidents, or any future problem where they require help from the U.S. government to aid a distressed vessel.
The senator from West Virginia penned a letter March 14 to Carnival CEO Micky Arison alleging that the U.S. Coast Guard responded to 90 “serious events” involving Carnival ships over five years, and that the Coast Guard and Navy had shelled out $4.2 million to cover the Carnival Triumph and Carnival Splendorincidents. The senator asked whether Carnival, since it pays “little or nothing in federal taxes,” will reimburse the Coast Guard and Navy.

DISNEY SHUTS DOWN LUCAS ARTS, CANCELS STAR WARS 1313 AND STAR WARS: FIRST ASSAULT 

Staff were informed of the shutdown this morning, according to a reliable Kotaku source. Some 150 people were laid off, and both of the studio's current projects—Star Wars: First Assault and Star Wars 1313—were cancelled. Disney will still use the LucasArts name to license games, but the studio is no more.
Publicly, Disney is saying their current games could be licensed out to a different publisher or developer, but according to our source, that's unlikely. Our source says Lucas has pursued the option for "one or both games," but nothing happened. "With the teams now basically being dispersed I think both games are effectively dead forever," our source said.

ANONYMOUS  THREATENS CYBERWAR ON NORTH KOREA, STEALS 15,000 PASSWORDS

Notorious hacking group Anonymous has targeted pedophilescorrupt governmentsand financial institutions, however its latest target may be its most audacious yet. The group says that it has begun a new initiative called “Operation Free Korea” and is demanding controversial leader Kim Jong-un resign and install free democracy in the Asian country. Other demands include having North Korea abandon its nuclear ambitions and for the government to give universal and uncensored Internet access to its citizens. Anonymous hackers claim to have access to the country’s local intranets, mail servers and Web servers and are threatening to wage war if their demands are not met.
“We got all over 15k membership records of Uriminzokkiri.com and many more,” the group wrote. “First we gonna wipe your data, then we gonna wipe your badass dictatorship ‘government.’”

FILING TAXES: IT SHOULDN'T BE SO HARD

IN 2010 a panel created by the White House estimated that American taxpayers spend 7.6 billion hours and some $140 billion a year keeping the IRS off their backs. According to theWashington Post over 80% of taxpayers use software or pay someone to file their taxes. The national taxpayer advocate, a sort-of in-house IRS watchdog, once said, "If tax compliance were an industry, it would be one of the largest in the United States." But of course, it is an industry.
It is an industry made up of accountants and companies like H&R Block and Intuit, which makes the TurboTax software used by many Americans. And it is an industry that,according to ProPublica, has worked hard to keep the IRS from preparing your tax returns for you for free. Intuit, for example, has spent millions lobbying the federal government, opposing bills that would allow the IRS to send you pre-filled-in returns (the agency already has most of your relevant information) and supporting bills that would ban the practice.

CARNIVAL TRIUMPH BREAKS FROM DOCK

(CNN) -- The Coast Guard is searching for a man knocked into the Mobile River after high winds hit the area Wednesday, blowing the man's security guard hut into the water and causing the Carnival Triumph cruise ship to break loose from its repair dock.
The call to the Coast Guard came in at 1:45 p.m. CT as near hurricane-force winds smacked the Gulf Coast city of Mobile, Alabama.

OBAMA WILL RETURN 5% OF SALARY FOR BUDGET

President Obama plans to return 5 percent of his salary to the Treasury in solidarity with federal workers who are going to be furloughed as part of the automatic budget cuts known as the sequester, an administration official said Wednesday.

The voluntary move would be retroactive to March 1, the official said, and apply through the rest of the fiscal year, which ends in September. The White House came up with the 5 percent figure to approximate the level of spending cuts to nondefense federal agencies that took effect that day.

U.S. TO SEND MISSILE DEFENSES TO GUAM OVER NORTH KOREA THREATS

(Reuters) - The United States said it would soon send a missile defense system to Guam to defend it fromNorth Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.
Hours later, South Korea's Yonhap news agency said North Korea had moved what appeared to be a mid-range Musudan missile to its east coast. It was not clear if the North planned to fire the rocket or was just putting it on display as a show of force, one South Korean government source was quoted as saying.

ARMY EMPLOYEE SHOT, KILLED AT FORT KNOX IN KY

Army officials are investigating a fatal shooting that caused a temporary lockdown at Fort Knox on Wednesday evening.
A male victim was shot in a parking lot on the base about 5:40 p.m. The victim was transported to the Ireland Army Community Hospital where he was pronounced dead.





Tuesday, March 19, 2013

The ACN Morning Report Tuesday March 19 2013


GOOD MORNING! TODAY IS TUESDAY MARCH 19TH 2013. HERE ARE TODAY'S MOST INTERESTING AND TOP STORIES FROM ACN:

Pope Francis Inauguration Mass -- Chemical Weapons In Syria? -- 10th Anniversary Of Iraq War -- Fl. Student Plotted Attack -- Hillary Clinton Comes Out On Gay Marriage -- Cyprus To Vote On Taxing Deposits -- The Bernanke Buzzkill -- NASA Curiosity Rover Suffers Glitch -- NYC Plan To "Hide" Tobacco 

Pope Francis Pleas For Poor At Inaugural Mass

Pope Francis has inaugurated his papacy at a Mass in Rome, calling on global leaders and all the people of the world to defend the poor and the weak.
Up to 200,000 people attended the Mass in St Peter's Square.
His homily focused on protection - of the environment, children, the elderly and those in need, who he said were "often the last we think about".
Francis was elected by a conclave of cardinals last week to take over from Benedict XVI.

Syria Says Rebel "Chemical Weapon" Attack Kills 6

www.chron.com
DAMASCUS, Syria (AP) — Syria's information minister says a chemical weapon fired by rebels on a village in the north of the country is the "first act" by the opposition interim government announced in Istanbul.
Omran al-Zoubi says the missile containing "poisonous gases" was fired from Nairab district in Aleppo into Khan al-Assal village on Tuesday.
He says 16 people were killed and 86 wounded in the attack. He spoke to the pro-government Al-Ikhbariya TV station.

On 10th Anniversary Of Iraq War 20 Killed, 96 Injured

BAGHDAD, March 19 (Xinhua) -- Up to 20 people were killed and more than 97 wounded in a series of bombings and shootings in central Iraq on Tuesday morning, the police said.
In Baghdad, eight car bombs ripped through crowded areas mainly in Shiite districts across the capital, killing a total of 15 people and wounding 73 others, an interior ministry source told Xinhua on condition of anonymity.
Also in the capital, two people were killed when two sticky bombs attached to their cars detonated in western and eastern Baghdad, while a third shot dead by gunmen in the southern part of Baghdad, the source said.
Meanwhile, a suicide bomber drove an explosive-laden truck into the entrance of an Iraqi army base in the town of Iskandariyah, some 50 km south of Baghdad, killing at least two people and wounding more than 10 others, a local police source anonymously told Xinhua.

Central Florida Student Plotted Attack On Other Students

FSU
Authorities say a University of Central Florida student who pulled a dorm fire alarm in the middle of the night had a more sinister plan than sending students scurrying out into the night.

Campus police said Monday that 30-year-old James Oliver Seevakumaran was armed with two guns, hundreds of rounds of ammunition, a backpack filled with explosives and a plan to attack other students as they fled the seven-story dorm where he lived.

His plans were thrown off by campus police officers' quick response to the fire alarm and a 911 call from Seevakumaran's roommate who had holed himself in a bathroom after Seevakumaran pointed a gun at him.

Hillary Clinton Comes Out On Gay Marriage

Former Secretary of State Hillary Clinton may not have declared whether she’s running for president in 2016, but her public declaration supporting gay marriage on Monday puts her on the same page with other potential Democratic candidates should she decide to run.
Clinton made the announcement in an online video released by the Human Rights Campaign. “LGBT Americans are our colleagues, our teachers, our soldiers, our friends, our loved ones, and they are full and equal citizens and deserve the rights of citizenship. That includes marriage. That’s why I support marriage for lesbian and gay couples. I support it personally and as a matter of policy and law,” she said. Clinton acknowledged her evolving position on the issue. “Like so many others, my views have been shaped over time by people I have known and loved, by my experience representing our nation on the world stage, my devotion to law and human rights, and the guiding principles of my faith.”

Cyprus Parliament Says Bank Levy Unlikely

A number of members of Cyprus's parliament have told CNBC that the legislation to tax bank deposits is unlikely to pass, a move that could potentially put the country into default.
Parliament is due to convene at 4 p.m. London time on Tuesday and despite the ruling party saying they will approve the proposal, several parties have said they will reject the levy. No single party has a majority in the 56-member chamber to push through the vote.

Fed Meeting: Bracing For Bernanke Buzzkill

Stocks are rallying, job growth is strengthening and a housing recovery is well underway -- but don't expect the Federal Reserve to back away from its stimulative policies just yet.

If anything, the Fed is likely to deliver a buzzkill after its two-day meeting wraps up Wednesday. Fed chairman Ben Bernanke will also address the state of the economy in a press conference following the release of the Fed's latest statement on interest rates and new economic forecasts.

Second Computer Glitch Stalls NASA's Mars Rover

NASA.Gov
Computerworld - After a computer glitch sidelined NASA's Mars rover Curiosity late last month, another problem has it down again.
NASA reported that Curiosity put itself into safe mode on Saturday after a software bug caused a command file to fail a size-check.
"This is a very straightforward matter to deal with," said Richard Cook, Curiosity's project manager. "We can just delete that file, which we don't need any more, and we know how to keep this from occurring in the future."
NASA said late on Monday that bringing Curiosity out of safe mode is expected to take a couple of days.

NYC Plan Would Keep Tobacco Products Hidden

AP
NEW YORK (AP) — Cigarettes would have to be kept out of sight in New York City stores under a first-in-the-nation plan unveiled by Mayor Michael Bloomberg on Monday, igniting complaints from retailers and smokers who said they've had enough with the city’s crackdowns.
Shops from corner stores to supermarkets would have to keep tobacco products in cabinets, drawers, under the counter, behind a curtain or in other concealed spots. Officials also want to stop shops from taking cigarette coupons and honoring discounts, and are proposing a minimum price for cigarettes, below what the going rate is in much of the city now, to discourage black market sales.

Monday, March 18, 2013

The ACN Morning Report Monday March 18, 2013

Good Morning! Today is Monday March 18th, 2013. Here are today's top and most interesting headlines from ACN: 

Venezuela Urges Obama To Halt 'Plot' -- Body, Explosives Found At FL Dorm -- There And Back Again, A Student's Spy Story -- S. Korea Cyber Warfare Soldiers Prepare -- "Talk Of Tax Increases Is Over" -- Republican: Congress Can Reach Grand Bargain -- U.S. Doesn't Have A Debt Crisis -- Bailout Looms For EU -- Earthquakes Have The Midas Touch -- Plane Crash In Indiana -- Perez As Labor Secretary -- SCOTUS Hears Voting Rights Case 

VENEZUELA'S MADURO URGES OBAMA TO HALT "PLOT" AGAINST RIVAL

CARACAS, March 17 (Reuters) - Venezuela's acting president urged U.S. leader Barack Obama to stop what he called a plot by the Pentagon and the Central Intelligence Agency to kill his opposition rival and trigger a coup before an April 14 election.

Nicolas Maduro said the plan was to blame his opponent's murder on the OPEC nation's government and to "fill Venezuelans with hate" as they prepare to go to vote following the death of socialist leader Hugo Chavez.
Maduro first mentioned a plot against his rival, Henrique Capriles, last week, blaming it on former Bush administration officials Roger Noriega and Otto Reich. Both rejected the allegations as untrue, outrageous and defamatory.

UCF DEATH: MALE COMMITS SUICIDE AT DORM, POLICE FIND GUNS AND EXPLOSIVES

Law-enforcement officers investigating an apparent suicide inside a University of Central Florida residence hall have found several weapons and improvised explosive devices, a school spokesman said early Monday.
UCF spokesman Grant Heston said a fire alarm call registered for Tower 1, a residence hall for about 500 students located near the Arena and Bright House Networks stadium, about 12:20 a.m. Monday.
While UCF police were on the way, officers received a 911 call for a male with a gun in the residence hall.

FROM STUDENT TO SPY, AND BACK AGAIN

BAKERSFIELD — Fernando Jara is something of a star in Kern County — and a mystery.
From humble beginnings, Jara founded a program to rehabilitate drug addicts and felons on a five-acre farm. He is completing a master's degree at Claremont School of Theology and will soon begin work on a doctorate and a law degree.
The energetic 37-year-old and his wife, a Kern County supervisor and rising political star, attended President Obama's inauguration in January at the invitation of the Democratic Congressional Campaign Committee.

SOUTH KOREA'S 'TOP GUN' CYBER WARRIORS PREPARE FOR BATTLE AGAINST NORTH KOREA

AFP
Cheon Joon-Sahng may not look like an elite warrior, but the shy, South Korean high school student has been fully trained for a frontline role in any future cyber battle with North Korea.
Cheon, 18, was one of 60 young computer experts chosen in July from many applicants for a government programme providing specialist training in vulnerability analysis, digital forensics and cloud-computing security.
At the end of December their number was narrowed to 20 who completed a further two months survival-of-the-fittest training in cyber warfare.

HOUSE SPEAKER JOHN BOEHNER: "TALK OF TAX INCREASES IS OVER."

AP
Rep. Paul Ryan, Wisconsin Republican and chairman of the House Budget Committee, compared the U.S. debt situation with being “the healthiest-looking horse in the glue factory.”

“So we do not have a debt crisis right now, but we see it coming. We know it’s irrefutably happening, and the point we’re trying to make with our budget is, let’s get ahead of this problem,” said Mr. Ryan on “Face the Nation.” “If we keep kicking the can down the road, if we follow the president’s lead or if we pass the Senate budget, then we will have a debt crisis.”

CORKER: CONGRESS CAN REACH A GRAND BARGAIN, BUT ONLY IF OBAMA "GETS SERIOUS"

FOX NEWS
Republican Sen. Bob Corker expressed optimism Sunday about Democrats and Republicans reaching a long-term budget deal, but only if President Obama provides leadership and gets "serious” about entitlements.

"When the president is serious will be when he begins using the podium to explain to the American people that the average American family is only paying one-third of the cost of Medicare," Corker told “Fox News Sunday.”

RYAN: U.S. DOESN'T HAVE A DEBT CRISIS YET

(CBS News) The United States does not have a debt crisis, House Budget Committee Chairman Paul Ryan, R-Wis., said today on "Face the Nation," corroborating what House Speaker John Boehner and President Obama have said as both chambers of Congress scramble to concoct a budget plan to shore up the federal deficit. But, Ryan added, a crisis is "irrefutably" on its way.
"To borrow a phrase from my friend Erskine Bowles" - President Clinton's former chief of staff and Washington's go-to budget guru - "we are the healthiest-looking horse in the glue factory," Ryan said. "That means America is still a step ahead of the European nations who are confronting a debt crisis, of Japan, that's in its second lost decade. It's probably because of our resilient economy, because of our world currency status.

CYPRUS BAILOUT CRISIS 

GETTY IMAGES
Global markets traded lower and the euro hit a three-month low against the dollar on Monday as a weekend decision by the euro zone to force bank depositors in Cyprusto contribute towards a bailout provided a stark reality check for investors.
The losses were limited however, on reports the Cyprus government would put forward a new proposal on Monday to reduce the levy imposed on bank deposits.

EARTHQUAKES HAVE THE MIDAS TOUCH, NEW STUDY CLAIMS

Water in faults vaporizes during an earthquake, depositing gold, according to a model published in the March 17th issue of the journal Nature Geoscience. The model provides a quantitative mechanism for the link between gold and quartz seen in many of the world's gold deposits, said Dion Weatherley, a geophysicist at the University of Queensland in Australia and lead author of the study. 

When an earthquake strikes, it moves along a rupture in the ground — a fracture called a fault. Big faults can have many small fractures along their length, connected by jogs that appear as rectangular voids. Water often lubricates faults, filling in fractures and jogs. 

SOUTH BEND PLANE CRASH KILLS 2 INJURES THREE

Two people were killed and three people hospitalized when a small plane crashed into three homes in South Bend, Ind., Sunday afternoon.
The crash happened about 3:15 p.m. as the plane, which had taken off from a Tulsa, Okla., airport, made an approach to South Bend, said Elizabeth Isham Cory, an FAA spokeswoman.
The pilot radioed the airport tower as he was approaching the airport, signaling that he was having electrical problems, Cory said. The pilot made multiple approaches to the airport, and the airplane stalled and fell, hitting at least one structure, Cory said.

OBAMA TO NOMINATE THOMAS E. PEREZ AS LABOR SECRETARY 

ASSOCIATED PRESS
WASHINGTON — President Obama plans to nominate the government's top-ranking civil rights lawyer as the new secretary of Labor on Monday, a key position as the administration prepares to take on immigration reform.
Thomas E. Perez's nomination had been expected, but the administration said last week that the announcement was not imminent. If confirmed by the Senate, Perez would be the only Latino in Obama's second-term Cabinet. He is the assistant attorney general for the Justice Department's Civil Rights Division.

SUPREME COURT TAKES UP VOTING RIGHTS CASE

Voting rights advocates are sounding the warning sirens as the Supreme Court hears oral arguments Monday on a low-profile but important case on whether states may require people to submit proof of citizenship when registering to vote.
At issue is whether the Arizona law, known as Proposition 200, violates a federal law that requires states to let people register to vote while renewing drivers licenses or applying for social services. The form provided by the National Voter Registration Act requires people to attest that they are U.S. citizens, but not to provide documented proof, like the Arizona law does.

Friday, February 22, 2013

The Morning Report -- Saturday February 23, 2012

White House Expands Access To Research Findings -- Top UK Cardinal: Let Priests Marry -- Obama Drug Czar Targets CO and WA -- United States To Air-Drop Toxic Mice On Guam -- More Rumors Surface About Pope -- Manhunt Underway After Las Vegas Shooting -- NV Legalizes Online Gambling 

WHITE HOUSE EXPANDS PUBLIC ACCESS TO FEDERALLY FUNDED RESEARCH

From the White House Office of Science and Technology Policy

The Obama Administration is committed to the proposition that citizens deserve easy access to the results of scientific research their tax dollars have paid for. That’s why, in a policy memorandum released today, OSTP Director John Holdren has directed Federal agencies with more than $100M in R&D expenditures to develop plans to make the published results of federally funded research freely available to the public within one year of publication and requiring researchers to better account for and manage the digital data resulting from federally funded scientific research. OSTP has been looking into this issue for some time, soliciting broad public input on multiple occasions and convening an interagency working group to develop a policy. The final policy reflects substantial inputs from scientists and scientific organizations, publishers, members of Congress, and other members of the public—over 65 thousand of whom recently signed a We the People petition asking for expanded public access to the results of taxpayer-funded research.

TOP UK CARDINAL PUSHES TO ALLOW PRIESTS TO MARRY, HAVE CHILDREN

Britain's most senior Roman Catholic has said he believes priests should be able to marry if they wish to do so.
Cardinal Keith O'Brien said it was clear many priests struggled to cope with celibacy, and should be able to marry and have children.
The cardinal will be part of the conclave that chooses the next Pope.
He spoke of his surprise at the resignation of Benedict XVI, and said he was open to the new Pope coming from outside of Europe.

OBAMA DRUG CZAR: WE WILL GO AFTER MARIJUANA DISTRIBUTORS IN COLORADO AND WASHINGTON

In an interview with Canadian news magazineMaclean’s last week, Gil Kerlikowske, President Obama’s Director of the Office of National Drug Control Policy, stated that despite recreational legalization in Washington and Colorado, they would still go after distributors and growers in both states.
"You’ll continue to see enforcement against distributors and large-scale growers as the Justice Department has outlined. They will use their limited resources on those groups and not on going after individual users," said Kerlikowske, who is also a former Seattle Police Chief.

US GOVERNMENT TO AIR DROP TOXIC MICE ON GUAM SNAKES

ANDERSEN AIR FORCE BASE, Guam (AP) — Dead mice laced with painkillers are about to rain down on Guam's jungle canopy. They are scientists' prescription for a headache that has caused the tiny U.S. territory misery for more than 60 years: the brown tree snake.
Most of Guam's native bird species are extinct because of the snake, which reached the island's thick jungles by hitching rides from the South Pacific on U.S. military ships shortly after World War II. There may be 2 million of the reptiles on Guam now, decimating wildlife, biting residents and even knocking out electricity by slithering onto power lines.


WHY IS THE POPE LEAVING SO SOON?

The Pope cited his “incapacity to adequately fulfill the ministry entrusted to me” in “today’s world, subject to so many rapid changes.” This was the same week the producers of Maker’s Mark announced they were lowering the alcohol content of their bourbon: Here was the leader of the Catholic church bemoaning his inability to adapt to a changing world. Has everyone forgotten their brand?

MANHUNT UNDERWAY FOR SUSPECTS IN LAS VEGAS STRIP SHOOTING

Reuters
(Reuters) - A multi-state manhunt was under way on Friday for the men who shot dead an aspiring rapper as he drove on the Las Vegas Strip in a Maserati, touching off a fiery crash that killed a cab driver and his passenger.
Las Vegas police have not named any suspects in the dramatic pre-dawn shooting in the heart of the desert resort city on Thursday, but said they were still hunting for a black Range Rover used in the incident.
One or more gunmen in the apparently brand-new luxury sport utility vehicle opened fire on a silver Maserati being driven by 27-year-old Kenneth Wayne Cherry Jr. at the busy intersection of Las Vegas Boulevard and Flamingo Road.

NEVADA SEEKS JACKPOT WITH ACCEPTANCE OF ONLINE GAMBLING

Already home to a major gaming industry, Nevada is preparing to take its expertise online after officials rapidly approved a law to become the first state in the nation to authorize what could become one of the most lucrative gambling markets still to be tapped.
At the bill signing held in the same Capitol room where lawmakers legalized gambling some 80 years ago, Nevada Gov. Brian Sandoval formally put his signature to the law Thursday. By quickly moving the bill through the Legislature, Nevada gets ahead of rival New Jersey in the race to win the first slot in the online poker business, where billions of dollars are being wagered domestically and tens of billions of dollars are bet from around the world.

Sunday, February 17, 2013

The Morning Report -- Monday February 18, 2013

Egyptian Sheikh Says Rape Is 'Halal' -- NASA's New ATLAS Program -- BofA Get's Bailed Out...Quietly -- At Facebook: Make $1BN Profit, Get $429m Refund -- "VatiLeaks" Reveals Fractured Vatican -- 'Maker's Mark' Learns Painful Lesson -- Mississippi Ratifies 13th Amendment...149 Years Later -- Tiger Woods Joins Obama

DETAINED EGYPTIAN SHEIKH SAYS IT IS 'HALAL' TO RAPE WOMEN

Reuters
Egypt has issued an arrest warrant on Sunday against the Salafi preacher, who recently said it was “halal” (permissible) to rape female protestors, charging him with the defamation of religion, an Al Arabiya correspondent reported. 

Ahmad Mahmoud Abdullah, known as “Abu Islam” owner of the private television channel of “al-Ummah,” sparked further controversy after he attacked women and Christianity. 


POPE BENEDICT XVI 'LEAKED' DOCUMENTS SHOW FRACTURED VATICAN

New  York  Times
VATICAN CITY — Guests at the going-away party for Carlo Maria Viganò couldn’t understand why the archbishop looked so forlorn. Pope Benedict XVI had appointed Viganò ambassador to the United States, a plum post where he would settle into a stately mansion on Massachusetts Avenue, across the street from the vice president’s residence.
“He went through the ordeal making it very clear he was unhappy with it,” said one former ambassador to the Vatican, who attended the Vatican Gardens ceremony in the late summer of 2011. “And we just couldn’t figure out, us outsiders and non-Italians, what was going on.”

AN ASTEROID ALERT SYSTEM

PopSci
In the realm of potential planetary disasters, asteroids are among the ones to fear -- like the meteorite that hit Russia, they can inflict serious damage on Earth. 

With the aid of a $5-million grant from NASA, a University of Hawaii team of astronomers is developing ATLAS, a system to identify dangerous asteroids before their final plunge to Earth. 

The team is on track to build and operate an asteroid detection system that will patrol the visible sky twice a night looking for faint objects moving through space. 

BLINK AND MISS THE NEXT BANK BAILOUT

MANY people became rightfully upset about bailouts given to big banks during the mortgage crisis. But it turns out that they are still going on, if more quietly, through the back door.

The existence of one such secret deal, struck in July between the Federal Reserve Bank of New York and Bank of America, came to light just last week in court filings.
That the New York Fed would shower favors on a big financial institution may not surprise. It has long shielded large banks from assertive regulation and increased capital requirements.

FACEBOOK PAYS NO TAX FOR 2012

Bloomberg News
Facebook will not pay any tax for 2012 despite making $1.1 billion in pre-tax profits from U.S. operations, according to a report released on Thursday.

But Mark Zuckerberg's company will also get a multimillion dollar tax refund of around $429 million according to Citizens for Tax Justice (CTJ).

The refunds reportedly come from tax deductions on executive stock options and share awards.

MAKER'S MARK LEARNS A PAINFUL SOCIAL LESSON

Associated Press
The reversal speaks to how brands often misjudge their relationship with customers, who can now vote more powerfully with their Twitter accounts than with their wallets. “What we’ve learned is that this is the customer’s brand,” Maker’s Mark COO Rob Samuels, grandson of the bourbon’s creator, said today in an interview. “It was an overwhelming response, we listened all week, and tomorrow morning we’ll immediately return Maker’s Mark to 90 proof.”
The company had emailed loyal customers on Feb. 9 to say it was lowering its proof to 84, or 42% alcohol, in order to address a supply shortage driven by bourbon’s surging popularity in the United States and certain other markets like Australia, Germany, and Japan. The announcement, first reported by Quartz, spread quickly in social media, rising from a small firestorm to an all-out backlash. The companydefended itself in interviews, saying the taste wouldn’t change, but it didn’t help.

HISTORIC OVERSIGHT CORRECTED: 'LINCOLN' INSPIRES LOOK INTO SLAVERY VOTE

Oscar-nominated “Lincoln,” which depicts the political fight to pass the 13th Amendment abolishing slavery, played a role in Mississippi officially ratifying the amendment this month — a century and a half later.
The story opens, not surprisingly, in a movie theater.
Last November, Dr. Ranjan Batra, associate professor of neurobiology and anatomical sciences at the University of Mississippi Medical Center, saw the Steven Spielberg film and wondered afterward what happened when the states voted on ratification.

TIGER WOODS JOINS VACATIONING OBAMA

PALM CITY, Fla. (AP) - President Barack Obama played golf Sunday with Tiger Woods, the White House said.

Once the sport's dominant player before his career was sidetracked by scandal, Woods joined Obama at the Floridian, a secluded and exclusive yacht and golf club on Florida's Treasure Coast where Obama is spending the long Presidents Day weekend. The two had met before, but Sunday was the first time they played together.

The White House, which has promised to be the most open and transparent in history, has prohibited any media coverage of Obama's golf outing.

Monday, February 4, 2013

The Morning Report -- Monday February 4, 2013

Ravens Hold 49ers -- Netflix's House of Cards -- O'Reilly Lied -- Sniper Chris Kyle Killed -- Kerry Gets To Work -- Democrats Demand Additional 'Revenue' -- Obama: Tax Loopholes Next -- S. Korea/US Begin Naval Exercises

BALTIMORE STOPS 49ERS 3RD QUARTER COMEBACK

Image: Bleacher Report
NEW ORLEANS -- From blowout to blackout to shootout, Joe Flacco and the Baltimore Ravens had just enough power to survive one of the most electric Super Bowls ever.
The outage flipped the momentum to the San Francisco 49ers, but the Ravens used a last-gasp defensive stand to hold on Sunday night, 34-31.

America's biggest sporting event came to a half-hour standstill in the third quarter when most of the Superdome lights and the scoreboards went dark. By then, the Ravens had a 22-point lead.
Everything changed after that, though, and the 49ers staged a sensational rally before Ray Lewis and Co. shut it down. But there were plenty of white-knuckle moments and the Ravens (14-6) had to make four stops inside their 7 at the end.

NETFLIX'S HOUSE OF CARDS OFFERS BRIGHT FUTURE

Netflix
It’s hard to imagine the happiness at Netflix when they realized that House of Cards — the company’s much-heralded premiere of self-produced original programming – would debut its complete 13-episode run on the same week that the U.S. Senate held a hearing to confirm John Kerry as Secretary of State. After all, the updated American version of the 1990s BBC political drama launches with Kevin Spacey’s character, Congressman Frank Underwood, learning he won’t be nominated for that very position, a devastating insult that inspires his secret campaign to undermine the newly elected administration he pretends to serve. The show, it seemed, couldn’t be any more topical.
The problem for this new House of Cards is that despite this timely coincidence, the content of the show often feels curiously old-fashioned, especially in the context of its innovative format. That’s squarely the fault of the writing; for every smart move that writer Beau Willimon (The Ides of March)makes in updating the basic setup and plot of the BBC original for a modern American audience, he undermines his good work with clumsy dialogue and scenes that are too on-the-nose and out-of-step with the kind of sophisticated, layered writing we’ve come to expect from shows like Mad MenBreaking Bad or even Game of Thrones.

O'REILLY'S JFK ASSASSINATION FIB

USA Today
Bill O’Reilly’s bestselling book on the JFK assassination, “Killing Kennedy,” partly follows the travails of O’Reilly himself as a young reporter trying to uncover the truth behind the president’s death. As author and former Salon politics editor Jefferson Morley highlighted this week, however, O’Reilly’s firsthand accounts appear lacking in the truth department.
In an incident detailed in the book (and flagged by media outlets including USA Today) O’Reilly claims he was tracking down an interview with George de Mohrenschildt, a Russian expat with possible CIA connections who was friends with Lee Harvey Oswald. Investigators looking into the JFK assassination were seeking information for de Mohnrenschildt when he reportedly committed suicide in 1977. According to “Killing Kennedy,” O’Reilly was on the Russian’s doorstep when he heard “the shotgun blast that marked the suicide.”

SEMIAUTOMATIC HANDGUN USED TO KILL 'AMERICAN SNIPER' NAVY SEAL CHRIS KYLE

Associated Press
The former Navy SEAL was found shot dead with a second man, Chad Littlefield, after a gunman opened 
fire and was later taken into custody. Kyle wrote a best-selling autobiography detailing his 150-plus kills of insurgents from 1999 to 2009. The gunman was identified as Eddie Ray Routh, 25, who may have been suffering from post traumatic stress disorder, according to local media.
He lived by the gun, and he died by the gun.

The military’s most famous sniper — Chris Kyle, a Navy SEAL who claimed to have killed more than 150 insurgents from long distances in the Iraq war — was gunned down point-blank by a mentally unstable vet at a Texas shooting range Saturday.

Kyle, 38, was visiting the Rough Creek Lodge range outside Fort Worth with friend Chad Littlefield when deranged vet Eddie Ray Routh, 25, fatally shot both men, police said.

Routh, a former Marine, fled and was later arrested at his home outside Dallas, where cops retrieved the semiautomatic handgun used to kill both men.

Kyle, a highly decorated Iraq veteran, wrote the best-selling book, “American Sniper: The Autobiography of the Most Lethal Sniper in U.S. Military History.”


Read more: http://www.nydailynews.com/news/national/american-sniper-author-chris-kyle-fatally-shot-article-1.1254181#ixzz2JuYTxg2M

SECRETARY KERRY HAS BUSY FIRST WEEKEND

Associated Press
It's possible that John Kerry might be too excited about his new job. Rather than kicking back and letting everyone enjoy their weekend, Kerry got right to work, calling Israeli Prime Minister Benjamin Netanyahu, Israeli President Shimon Peres, and Palestinian President Mahmoud Abbas to discuss his commitment to peace in the Middle East, as well as other issues in the region. He also talked with officials from Japan, South Korea, Canada, Mexico, and Turkey, then spent his lunch break chatting with George Shultz, secretary of state under President Reagan. 

REID SAYS NEW REVENUE VITAL IN A BUDGET DEAL

ABC News
WASHINGTON—Senate Majority Leader Harry Reid drew a red line in the budget showdown with Republicans, saying Democrats will demand additional revenue as part of any deal to alter the mandatory spending cuts set to hit at the beginning of next month.

The comments, made in an interview Sunday with ABC's "This Week," come as Senate Democrats weigh options for averting at least some of the March 1 cuts, known in Washington as the sequester. One Democratic proposal would seek to offset some of the roughly $85 billion in cuts this year with a combination of tax increases and spending cuts.

"There are a lot of tax loopholes that should be closed," the Senate's top Democrat said in the interview aired Sunday. He cited tax provisions for oil companies and for companies with operations overseas. The White House has called for similar steps as part of any deal to avert some of the March 1 cuts.

OBAMA SAYS LOOPHOLES MAY BE NEXT

Reuters
WASHINGTON — President Obama said in a televised interview on Sunday that he could foresee a budget deal in Congress that did not include further increases in tax rates but instead focused on eliminating loopholes and deductions.
Mr. Obama has generally insisted that all revenue options, including higher rates, should be considered to slow the rise of federal budgetdeficits. But in the interview with Scott Pelley of CBS News, he said, “I don’t think the issue right now is raising rates.”
Having just raised rates on people earning more than $450,000 a year, Mr. Obama said the focus now should be on targeted spending cuts and changes to the tax code, which he said favored the wealthy.

SOUTH KOREA, US BEGIN NAVAL DRILLS AMID NUCLEAR TENSIONS

The scheduled drills, involving a US nuclear submarine, come after North Korea said it was planning to carry out its third test of a nuclear device.
Associated Press
The US and South Korea have promised "significant consequences" if it goes ahead with the underground explosion.
The North has criticised the naval drills as "war-mongering".
The exercises, taking place off the east coast of the Korean peninsula, involve live fire, naval manoeuvres and submarine detection drills.
Officials have stressed they were planned before the latest rise in tensions.
But South Korea's Joint Chiefs of Staff chairman Jung Seung-Jo said the presence of the nuclear-powered submarine USS San Francisco in the region "would itself serve as a message to North Korea".