Author: Serkadis

  • Lessig Gives A Well-Timed Speech To The Italian Parliament On Internet Freedom

    We have noted, recently, that Italian laws and politicians seem to have a somewhat troubling view of the internet, where they are quick to blame the internet for anything bad that happens, and then look to pass laws that would throw out plenty of good just to protect against the possibility of any bad happening. This, of course, culminated just recently in the ruling in an Italian court that three Google execs were guilty of criminal violations, over a Google-hosted video.

    Given all that, it’s quite interesting timing to see that Larry Lessig just gave a speech to the Italian Parliament about how Internet is Freedom. You can see it below (assuming YouTube doesn’t take it down) and it runs a little over half an hour:




    He does not address that particular case (or, actually, any of the stories coming out of Italy concerning the internet). However, he does an excellent job setting up the issues related to regulating the internet — detailing how there is a generational divide going on here, and how the digital generation is effectively “waiting for the dinosaurs to die off,” but are still worried about the damage they might do in the meantime. And, with that, he suggests a rather gentle touch when it comes to regulations — a “regulatory humility.”

    Not surprisingly, there’s plenty in the video that I agree with — but also plenty that I disagree with. While he does a great job highlighting three areas (copyright, journalism and transparency), where the internet does both good and bad, I disagree with his suggestions for “minimizing the bad.” I do agree that we should always look to see if there are ways to minimize the “bad,” but I’m not sure I agree with what he considers to actually be “harm” in all three of those cases. What he calls “harm,” looks to me an awful lot like disruption. And you can’t minimize disruption (at least not successfully).

    Still, it is a worthwhile video to watch, with especially interesting timing and audience, given all that’s been happening in Italy lately. It would be nice to know how the audience reacted and responded to the speech as well.

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  • All Bentley Continental variants will be flex-fuel capable by June

    At the 2010 Geneva Motor Show, Bentley announced that all the cars in its Continental range will be available with flex-fuel capabilities starting in June. The move is a part of the company’s strategy to reduce CO2 emissions of its fleet by 15 percent by 2012.

    Bentley said that the Continentals will be powered by a flex-fuel version of the company’s 6.0L W12 engine and will be the only powertrain option offered in the range. The engine will be able to run on gasoline, E85, or a mix of the two fuel types.

    The automaker said that the move means that more than half its production vehicles in 2010 will be flex-fuel capable.

    The Brooklands, Azure and Mulsanne won’t be flex-fuel capable. However, the Mulsanne will be converted to run on ethanol in the future.

    The Bentley Continental Supersports and the Continental Supersports Convertible are both powered by a 621-hp 6.0L W12 twin-turbocharged engine that is flex-fuel capable.

    2011 Bentley Continental Supersports Convertible:

    – By: Omar Rana

    Source: Automotive News (Subscription Required)


  • TG01 WMPoweruser ROM (In Progress With new Tool)

    image I know it has been months since I last made a post talking about this, but thanks to one awesome XDA member, we are cooking. The member goes by the codename cedesmith, and after what seemed like years, he has finally finished his TG01 ROM Tool. The tool is available to the general public to try and get their own ROM going, but rest assured, WMPoweruser is committed to bringing you the first cooked TG01 ROM.

    I already contacted two of our many fine cooks, and they are already working on it. They just got their hands on the tool, and they will give me the verdict tomorrow. Remember, they are cooking pretty much blindly, because they do not own a TG01, and the software is a little unusual to them.

    I will post more on this as the news comes in, but at this time. I am still waiting on the verdicts from my cooks, and once we have that. They will be make a test ROM, and we will need some testers. Maybe I will have it a private test by people I select.

    That is neither here or there, but just know this. Wen, and WMPoweruser are working on it.

    Visit the thread that contains the chatter.

  • The Truth About Mitchell Leff – Who Went From IVF to MIA In Under A Month

    man running

    I never would have guessed my happy engagement to Mitchell Leff would ever wind up as a salacious news story. (You can read about it here, in an article called I’LL PAY FOR YOUR IVF, NOW ABORT IT.)

    Then again, if you’ve read my story, you know there’s a lot that’s transpired in the last few months I never would have guessed. Because some of what’s been reported is completely false, I’m writing this article now, to tell my story.

    1. Mitchell Leff was my fiancé who I was living with when I got pregnant through IVF. In some articles, Mitchell is described as my “married boyfriend.” Totally false. Mitchell told me he had been broken up with his wife in Great Neck (who he always referred to as his “ex-wife”) for about a year and a half when I first met him. Indeed, Mitchell and his ex-wife were busy working out “the last of the financials” for their divorce. Mitchell even showed me letters from her lawyer to his lawyer — debating who keeps the house, who benefits from his real estate investments, etc. Although Mitchell lied about having filed for divorce – he and his ex-wife were very much not a couple for a long time when he asked me to marry him.

    It’s truly important to make it clear: Mitchell’s bailing on our baby had nothing to do with his exwife and their incomplete filing for divorce. Sure Mitchell lied about having filed for divorce. But Mitchell did not go back to his wife – that’s not the reason he bailed on our baby. The only “reason” Mitchell claimed he was bailing was because twelve days after our IVF, twelve hours after he learned I was pregnant, Mitchell realized he didn’t want to start raising kids again.

    2. While getting to know Mitchell, I asked all the right questions – and Mitchell not only gave all the right answers, he did all the right actions to show me he meant his answers. He said he wanted to marry me and have my baby – then did the actions of someone who wants to marry me and have my baby. He gave me an engagement ring, and we celebrated our engagment with each other’s friends and family. Everyone who knew Mitchell commented how they’d never seen him so happy. Mitchell’s mom and I wound up adoring each other. We became Facebook friends. Plus, Mitchell and I were not only talking the talk of marriage, we were moving forward — with him moving into my Manhattan apartment. He lived with me as his primary residence. My address is listed as his last residence in address searches. Because Mitchell moved into the apartment I owned, and I was paying maintenance, he suggested he pay to renovate my place, so when we had our child (which Mitchell constantly talked about enthusiastically wanting) my apartment would be workable for a family of three. To me, these family friendly home renovations Mitchell funded were yet more symbols of his longterm commitment to a family.

    Its important to make it clear: We were having no problems in our relationship before the successful pregnancy. I recognize the irony, that I wrote a book called PRINCE HARMING SYNDROME. Mitchell had no Prince Harming red flags. He had all the traits for what I call a “relationship of shared virtue” – where you both empower each other to grow into your highest potential. Firstly, Mitchell wanted to grow as a person. He went to Kripalu, Omega, Menla House, therapy and read self help books – other than my own! He spoke a lot about all the lessons he learned from his failed marriage — how he recognized he wanted to become a better communicator. He also shared my same vision for a future: marriage, baby, a home full of love and laughter. Plus, he motivated me and empowered me to bloom into my best possible self. He loved how I loved to write novels and screenplays — cheered me on to write novels and screenplays. He very much appeared like a healthful, loving partner.

    Indeed, Mitchell told me if I’d abort, he’d stay engaged with me. His only reason he ever expressed for wanting me to abort was that he suddenly realized he did not want to become a father again at age 51. Why he never mentioned or realized he had doubts about fatherhood before he spent $28,000 of his cash on IVF – and put my body through a hormone rampage on IVF – is completely incomprehensible (and perhaps I dare say reprehensible). People want to know – how can a self help author get conned? I’m both embarrassed and stumped. But in the end, I’m a self help book author, not a psychic, and there were truly no obvious red flags prior to our pregnancy. (Even many smart people were fooled by Madoff.)

    As a self help book author, I’m right now very aware of doing what I can to bounce back from this challenge as a strong, happy, wiser, forward facing woman. I’m doing this by focusing on finding the lessons to be learned, surrounding myself with loving friends and family, being aware of having gratitude for the miracle of being pregnant in my 40’s, and trying to find forgiveness for Mitchell… and myself.

    3.  I did not get pregnant by accident – as some people are incorrectly commenting on some online articles. I’m in my 40’s, and due to fertility issues, Mitchell and I had to pursue the complicated and expensive process of IVF.

    To me, when Mitchell enthusiastically paid $28,000.00 in cash for IVF treatments, I saw it as another huge symbol of his commitment to family. Plus Mitchell went to the fertility clinic with me about 10 times in four months -was poked and prodded — had his blood tested — his semen analyzed. He filled out many papers, signed his signature upon them all. On Dec. 3rd, the day of the insemination, Mitchell lovingly held my hand — and spoke about how excited he was to take our child to the zoo, teach our child to ski, show our child the world. After the procedure Mitchell paid for each of us to have one year gym memberships – spending close to 4 grand in cash to invest in our year ahead at the gym.

    The only reason I bring up all of Mitchell’s cash payments is because they’re all symbols of his longterm commitment. Mitchell was putting his money where his mouth was – making purchases which were investing in our future.

    4. There were no red flags before my pregnancy – and far too many afterwards. At 8pm on Dec. 14th we found out I was pregnant. On Dec. 15th at 8 am Mitchell for the first time told me he thought he was too old to be a dad – and was satisfied with having already raised two kids – and thereby didn’t want another child. This news was shocking. Make that SHOCKING. Mitchell had done IVF with me a mere 12 days before. How could a man change his mind in 12 days? It made no sense – especially since Mitchell had never once – in all his 10 visits to the fertility clinic – never, ever, ever once expressed anything less than extreme enthusiasm for wanting a child with me. He’d even handwritten cards to me – about his excitement about having a child with me (which he later told me he’d scribbled on his ex-wife’s sunflower card stationary). At the time Mitchell learned of my pregnancy, we’d just come back from a romantic trip to Paris. We were very much in love. We’d had zero fights. Mitchell himself said he wanted to remain engaged – but the only way he could stay with me, was if I’d abort our child. Talk about a Sophie’s choice. Here I was pregnant with a miracle child in my late 40’s – my last chance at motherhood – with a baby who Mitchell painstakingly, purposefully and expensively brought into this world – with me pumped up with all kinds of hormones – only to be told by Mitchell — out of nowhere — that I should terminate our baby – and thereby terminate my dreams of a happy family.

    My first reaction was to pray that Mitchell was in temporary fear. I suggested we see Elyse, his therapist – who he saw sometimes twice a week. I knew how much Mitchell valued Elyse’s insights. I suggested we both talk to her about our pregnancy. Mitchell then told me something new which shocked me. He confessed he’d never told Elyse he and I were pursuing IVF.

    Mitchell said, “Maybe it’s a sign I never wanted a child – because I knew Elyse knows I’ve never really wanted any more kids – so I guess I didn’t tell Elyse – because I was afraid she’d challenge me on my decision to do IVF with you.”

    Huh? What? You gotta be kidding! Why did Mitchell bother to do IVF in the first place if he had any doubts at all about wanting more kids? Why did he never mention his doubts to me – or talk about our IVF with his therapist? What kind of “real issues” did he ever talk with his therapist about – if IVF never came up? Was Mitchell simply gambling with my uterus – betting $28,000.00 that at my age I wouldn’t get pregnant? Did he simply tell me he wanted a baby because he knew that was the only way I’d enter into a relationship with him and have sex with him – because I told him on our second date I only wanted to get involved with a man who wanted a family with me. Was it possible? It sounds crazy – but could it be that Mitchell was simply viewing the $28,000 he shelled out for IVF as the fee for making sure I’d sleep with him – hoping the IVF wouldn’t pay off? I know that sounds farfetched – but this whole situation is bizarre. My body is not a science experiment. I think Mitchell and I are the only couple in the universe who ever did IVF to great success — then afterwards one of the partners changes their mind.

    5. I didn’t want to file a Complaint. I also didnt want to be mistreated/victimized. I am a strong, empowered woman and I wanted to be treated fairly/appropriately– and I was surprised by Mitchell’s ultimate abandonment.

    I also did not want this story to go public. After I filed the Complaint, I found out the hard way that journalists like to troll the courthouse looking for newly filed cases they think will make interesting news stories. Two separate journalists recognized my name – and called my lawyer to write me up. I turned down both of them. It didn’t matter I didn’t want to go public. They both wrote up the articles without my interview — using information from the Complaint. Some of what they wrote was completely incorrect. Some of the unfortunate information about Mitchell which they described was only revealed to me at the very end of our relationship, not the beginning. At a certain point I decided to call the journalists to correct the misinformation – then decided to also correct it all here. But I never chose to go public with this.

    The last time I saw Mitchell, he hugged me and said: “I’m so sorry. I never meant to hurt you. I promise no matter what happens I will never abandon you and Ruby. I will be kind. I will take care of you both.”(Note: When we started IVF, Mitchell named our baby Ruby – after my deceased father Rubin. Mitchell was sure we were going to have a little girl.) Mitchell consistently promised he’d pay for all medical bills and pregnancy related expenses – including all the family-friendly-home-renovations he’d started and were in the middle of being finished – and needing to be finished so my apartment could be habitable – renovations he could afford easily – but for me would be a monetary strain. He also acknowleged on that last evening I saw him how he’d told me to turn down two money-paying jobs – to write my screenplay and novel – because he loved the idea of supporting me in my passions. “I know you really want to write novels and screenplays,” Mitchell had said before we began IVF. “Don’t worry about money. I will support you. Plus if you’re pregnant in a few months, as I hope you will be, you might not be able to be creative and write for the 9 months you are pregnant – so maybe you should not risk taking on book projects right now. It’s not worth it – when I can support you.”

    Unfortunately because I believed Mitchell’s promises of support during my pregnancy, I had no set-up income due in when Mitchell walked out that door – although I did have lots of pregnancy related bills coming in — and a baby on the way which I felt I needed to hurry up and make lots of income for – since I was now abandoned out of nowhere to be a single mom – and was nervous about how I could juggle work and a baby on my own — without having prepared ahead of time for this new reality. To make matters worst, I was suffering from morning sickness not only in the morning but noon, night, and 3am. To my surprise, when a few days later I contacted Mitchell about the medical bills and other pregnancy expenses, he refused to respond. I warmly called. I warmly texted. I warmly emailed. And Mitchell simply stonewalled – which completely shocked me – since our last encounter had been such a compassionate one.

    Thankfully, I found a smart lawyer, Leon Borstein, of Borstein and Sheinbaum.  I told Leon about my situation. While Leon thought Mitchell could be liable for fraud and intentional infliction of emotional distress, Leon mainly thought Mitchell was in major breach of contract of an obvious oral agreement. I relied to my detriment on Mitchell’s promises of support while I am pregnant — a pregnancy which Mitchell obviously wanted since he funded the IVF. Leon discussed with me how prior palimony lawsuits were all dismissed because of a legal concept called the statute of frauds. We believe our lawsuit has nothing to do with those cases because we are not seeking it as a substitute of marriage. We’re seeking it as a breach of an oral contract for the 9 months of pregnancy and two months of recuperation thereafter. (Think about it like this: If a couple enthusiastically wants a surrogate mother to get pregnant — then they make an oral agreement with her, that if she gets pregnant through their funding her to do an IVF procedure, then they will pay for the 9 months of pregnancy and 2 months of recuperation thereafter — and this surrogate then gets pregnant — if the couple changes their mind — suddenly bails on the surrogate, leaving her pregnant/exhausted/with morning sickness/reliant on their oral agreement’s monetary promises to pay for pregnancy expenses/medical bills/support — they’d still be held responsible for her 9 months of pregnancy and 2 months of recuperation thereafter.)

    There’s one empowering bright spot in the midst of all this pain and upset. Leon and I are both excited to win our suit, so we can not only protect my baby, but protect other pregnant women –setting up a precedent to help all the many women out there who are seeking fair and just prenatal support and prenatal medical expenses from putative fathers – or fugitive fathers, as my case stands.

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  • Leaked Documents Show UK Web Censorship Proposal Written By Record Labels

    Lobbying groups and activists write proposed legislation all the time — it’s part of how the process works. But with controversial legislation, you would at least think that politicians would be sensitive to some of the concerns of others before essentially doing a copy-and-paste on what the lobbyists give them. Not so when it comes to copyright in the UK, apparently. We had already discussed the silly proposal to alter the already ridiculously bad (and also written by the entertainment industry) Digital Economy Bill, to allow the courts to block weblocker type sites, if they were regularly used to infringe on copyrights. Now some leaked documents are showing that it was a pretty blatant copy-and-paste job from the BPI, the UK’s equivalent of the RIAA. The BPI wrote up a draft and the politicians basically proposed it as is. You would think, at the very least, knowing the controversy over this topic, that they would have considered what others had to say on the issue. But I guess when your role as a politician is to be little more than a sock puppet for the industry, it’s easier just to propose the legislation given to you.

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  • The Ultimate Bellwether, FedEx, Is Not Sold On This Recovery (FDX)

    fedextruck

    Everyone knows that FedEx (FDX) is — or at least is seen as — the ultimate economic bellwether.

    So anything the company says about the economy is a big deal.

    FT:

    The nascent US recovery could falter because businesses are still reluctant to invest in new equipment and technology, the head of global delivery and logistics company FedEx has warned.

    “Business investment went up somewhat in the fourth quarter but is far below what it ought to be in a cyclical recovery like this,” Fred Smith, chairman and chief executive of FedEx, told the Financial Times.

    FedEx earnings come out next week. Hopefully we’ll learn more then.

    Join the conversation about this story »

    See Also:

  • Video: Episode 1 of Chevrolet’s Corvette Racing Series hits the interwebs cinema

    Filed under: , , ,

    Corvette Racing Series, Episode 1 – Click above to watch video after the jump

    As Chevrolet Corvette Racing team heads into its first full season of competition in the American Le Mans Series GT2 class, the first full episode of a new General Motors video series chronicling their journey has been posted on YouTube. The 12-part series will follow the team as it gets ready for the nine race series as well as the annual June treck to Le Mans for the 24 Hours.

    Episode one begins with a look back at where 2009 left off. On the final corner of the final lap of the Laguna Seca race last October, Jan Magnussen slammed into a retaining wall with a 57 g impact after making contact with one of the Flying Lizards Porsches.

    As soon as the cars returned to the team’s Wixom, MI shop, the crew set about getting ready for 2010 including preparing for the all-new 5.5-liter V8. First, though, they had to rebuild the #3 C6.R. Check out the first episode of the series after the jump.

    [Source: YouTube]

    Continue reading Video: Episode 1 of Chevrolet’s Corvette Racing Series hits the interwebs cinema

    Video: Episode 1 of Chevrolet’s Corvette Racing Series hits the interwebs cinema originally appeared on Autoblog on Thu, 11 Mar 2010 19:33:00 EST. Please see our terms for use of feeds.

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  • Daily U-Turn: What you missed on 3.11.10

    Review: Ducati Hypermotard 1100 EVO SP induces grins, wheelspin and wheelies

    Ducati Hypermotard 1100 EVO SP – Click above for high-res image gallery We’re going to get ahead of ourselves a little bit with our review of the new Ducati Hypermotard 1100 EVO SP. We…

    2012 Chevrolet Malibu design completely revealed in patent filings?

    2010 Chevrolet Malibu patent drawings – Click above for high-res image gallery Over the past nine months, we’ve seen the next-generation Chevrolet Malibu twice at General Motors media…

    Daily U-Turn: What you missed on 3.11.10 originally appeared on Autoblog on Thu, 11 Mar 2010 19:20:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Amy Beck Pictures


    Amy Beck, pictured above, embroiled in the latest teacher – student sex scandal

    Amy Beck, pictured above, has joined a long line of cute teachers doing inappropriate things with students. Much like Mary Kay Letourneau and Debra Lafave before her, Beck is accused of having sex with a student.

    Specifically sex and oral sex with a 14 year old. Beck admitted to the transgressions yesterday, and now faces serious jail time. My guess is that she’ll get off fairly easily however, as female teachers (especially cute ones, anecdotally) rarely seem to get the book thrown at them in these cases. The bizarre thing is that in this case the student didn’t blab about things – instead Beck’s guilty conscience led her to tell police everything. Check out more Amy Beck pictures after the jump:




  • Austrian designer dreams up Audi RS7 Concept

    What you’re looking at here is a design study of a new sports car known as the Audi RS7 Concept, penned by an Austrian designer named Adriano Mudri.

    The Audi RS7 Concept combines many styling cues from the Volkswagen Group including the overall design inspiration coming from the R8, Lamborghini-trademark scissor doors and various elements that are reminiscent of Audis and Volkswagens.

    No word on what Mudri expects the powertrain to be but we think it’s one awesome looking concept.

    Let us know your thoughts in the comments section below.

    Hit the jump for additional images.

    Audi RS7 Concept by Mudri:

    – By: Kap Shah

    Source: Adriano Mudri (via Car Body Design)


  • Doodling Funny Infographics with Google Maps

    google_my_way.jpg
    The always surprising and refreshing Abstract City blog at New York Times Online, which regularly features visual pearls like New York in Lego and Subway Map Bathroom Tiling, has just posted a nice collection of graphical depictions [niemann.blogs.nytimes.com] that mimic the visual style of Google Maps. However, where I first assumed they were real outtakes or crops without any major alterations, some, if not all, seem to be newly created. On each image, the captions have been changed so they are interpreted as information graphics instead of geographical maps.


  • The Federal Reserve is Responsible for the Crisis

    The secretive Federal Reserve is responsible for the economic crisis and giving it more power makes no sense whatsoever, Ron Paul said in today’s Bloomberg interview on financial regulatory reform.

    Channel: Bloomberg
    Date: 03/11/2010

    Transcript coming soon

    Share/Bookmark

    Related posts:

    1. Ron Paul on the Financial Reform Bill Ron Paul appeared on The ED Show to discuss Senator…
    2. Ron Paul’s Opening Statement: The Federal Reserve Created the Crisis Event: House Financial Services Committee Hearing Date: July 21,…
    3. Ron Paul on the Future of the Federal Reserve Matthew Bandyk of the U.S. News & World Report interviews…
  • 2012 Chevrolet Malibu redesign unveiled in patent drawings?

    Like we stated before, today is all about cars being leaked through patent drawings. Just when you thought we were done showing you stick figures of future models, patent drawings of what is said to be the 2012 Chevrolet Malibu have popped up online. Best thing about these etch-a-sketch drawings?

    Click here to get prices on the 2010 Chevrolet Malibu.

    The rear-end of the Malibu sedan looks to be inspired by our true love – the Chevrolet Camaro.

    It was recently reported that the Chevrolet Malibu is losing its appeal – so a redesign of the Camry and Accord fighter is long overdue.

    2012 Chevrolet Malibu (Patent Drawings):

    – By: Omar Rana

    Source: CarScoop


  • O’Biden: ‘Oh Boss, Israel Won’t Play. They’ve Seen This Rodeo Before’.

    03.11.10 02:54 AM posted by Skip MacLure

    <div class="entry"><div class="snap_preview">Vice Emperor Biden’s sidewalk act isn’t playing well in places like Tel Aviv, Beersheba, Haifa, or Jerusalem. The administration’s choice for ‘putting those Jews in their place’ is no intellectual giant in the first place, as he has proven on innumerable occasions both at home and abroad. In this he’s much like his boss, the would-be once and future king. Too bad the President hasn’t figured out that the American people don’t cotton much to kings, dictators or wannabes. Much to ‘Jumpin’ Joe Biden’s discomfiture, the Israelis have this one down pat also.

    Joe Biden and President Shimon Peres

    Joe is so dense that he went to Israel planning on tapping in to the autumn of Israeli discontent, in the form of the completely discredited and now powerless liberals, who have been the loudest proponents of an appeasement policy towards the very ‘Palestinian’ terrorists who would gleefully see to the annihilation of every man, woman and child in the State of Israel.

    These same ‘appeaseniks’ are the ones who would trade away much of Israel’s strategic security in fanciful ‘land-for-peace’ deals. Shamefully, many of these bogus ’security’ deals have been fostered by a United States desperate to show some sort of moral high ground at the expense of the Israeli people through several administrations. This points to a sadly deficient State Department which has been proven to be not only anti-American, but anti-semitic as well. read more &raquo;

    http://www.conservativeoutpost.com/o…odeo_%E2%80%99

  • Speak out on ObamaCare ASAP (final vote likely within a week)

    03.11.10 10:50 AM posted by Drew McKissick

    This is it.* The moment of truth in the US House…and what is probably our last, best chance to stop the liberal,big-government takeover of our health care system.

    The House will be voting soon on whether or not to pass the Senate version of "ObamaCare", and we have to stop it.

    Contact your members of Congress and tell them to vote NO!

    Right now, liberals from the White House and the Democrat leadership are meeting behind closed doors trying to*create a "compromise" package that will give Democrats in the House enough cover to vote for the bill…promising*them that the Senate will enact these changes AFTER they approve the current Senate bill.

    In other words, they’re saying "trust us".

    Tell them "NO". Let them know that the American people do NOT want this bill – and that we do NOT trust them withour health care. read more &raquo;

    http://www.conservativeoutpost.com/s…ly_within_week

  • Alfa Romeo 4C: Compact sports car concept to debut at Pebble Beach

    At this August’s Pebble Beach Concours d’Elegance, Alfa Romeo will celebrate its 100th year. According to sources, Alfa will unveil something called the 4C, a compact sports car concept.

    An insider from Fiat told Automobile that the “8C has been a very successful halo car. What we need next is a more affordable follow-up model that spreads the message over a wider customer base.”

    Unlike the 8C Competizione, which was powered by a Ferrari-built engine, the 4C will be powered by a 240-hp 4-cylinder engine mated to a rear-transaxle.

    Production of the 4C will most likely be limited to 5,000 rather than 500 units like the 8C. A roadster version is also expected.

    – By: Omar Rana

    Source: Automobile


  • Did bankrupt James Sikes fake unintended acceleration in his Toyota Prius?

    As the days go by, we learn something new about James Sikes – the popular owner of a Toyota Prius that experienced a dangerous 94 mph speed in his hybrid after claiming that the accelerator was stuck.

    Yesterday, we learned that Sikes is a member of the Chevrolet Corvette Owners Club – what that has anything to do with his Prius incident probably means nothing, but it’s cool knowing nonetheless.

    According to the latest research by the folks over at Jalopnik, Sikes filed for bankruptcy in 2008 and has over $700,000 in debt. It’s also been said that Sikes hasn’t been making payments on his Prius. Sikes has continuously said that he has no intentions of suing Toyota or any financial remuneration from Toyota other than a new vehicle.

    Of course, this information about Sikes background may be useless if his Prius actually has a stick pedal issue but we’re pretty sure it’ll raise some questions.

    Head over to Jalopnik to read Matt Hardigree’s research.

    – By: Kap Shah


  • Happy Birthday Your Majesty: Citroën SM turns 40

    Filed under: , , , , ,

    Citroën SM – click above for high-res image gallery

    Well now, this is exciting. The iconic Citroën SM turns forty years old today. First introduced at the Geneva Motor Show on March 11, 1970, the SM was incredibly advanced for its time. In fact, there are those who would argue that it’s still way ahead of the curve.

    A couple of basics, if you will. SM stands for Sports Maserati (though some argue it stands for Sa Majesté in reference to the DS – i.e. Goddess, i.e. La déesse’). While probably not the wisest financial decision of all time, Citroën purchased Maserati in 1968. As such, they were able to use the new 90-degree V6 Maserati had developed. Essentially a V8 with two-cylinders lopped off, the SM’s V6 (also shared with the Maserati Merak) is one of the most fantastically complex engines ever conceived. How does three timing chains strike you?

    But the SM was much more than a powerful (for the time) engine in a sleek and sexy, Robert Opron designed aircraft grade aluminum body. The SM featured the world’s first variable-assist power steering system (known as DIRAVI) which is so insanely complicated that we can’t even begin to describe it to you (it involves heart shaped cams). Also, the SM featured one-turn to lock. Needless to say, the DIRAVI was tied into the SM’s oleopneumatic system. What’s oleopneumatic? A fancy French way of saying an oil-based hydropneumatic system.

    Besides the steering the suspension, headlights, brakes and transmission were all run off the SM’s hydraulic system. Headlights? Yup. The SM featured six headlights behind a beautiful glass cover, two of which turned with the steering wheel, and six could pivot up and down depending on rear ride height. In other words, if the rear of the car was loaded down, the lights would automatically adjust to point straight ahead so as not to blind oncoming motorists.

    Back in 1970, not only was the SM the fastest front-wheel drive car in the world (the factory claimed 137 mph, but many took the cars up to 145 mph), it had the shortest stopping distance of any car, period. Credit the dual-channel hydro-brakes and the fact that the front rotors are inboard. In fact, rumor has it that until the Porsche 959 showed its face in 1986, the SM was the production deceleration king. One last little tidbit. As far as we know, the Citroën SM is the only car ever designed specifically to seat two men up front and two women in the back. Amazing, no? Happy birthday SM! Maybe in another forty years the world will be ready to embrace you. Read the press release after the jump.

    [Source: Citroën]

    Continue reading Happy Birthday Your Majesty: Citroën SM turns 40

    Happy Birthday Your Majesty: Citroën SM turns 40 originally appeared on Autoblog on Thu, 11 Mar 2010 17:58:00 EST. Please see our terms for use of feeds.

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  • Mortgage Related: Second Lien Writedowns, Barney and Seconds, Shadow Inventories, Florida in 2030

    bill-coppedge-dec09-1 original content selection by MortgageNewsClips.com

     

    rortybomb

    Second Lien Writedowns, II -  R.A. (Ryan Avent!) writes in response to my previous entry:  [Mike’s thesis] places the government in a bind. If it forces banks to write down worthless second mortgages to clear the way for new modifications, then the banks suddenly look shaky again. If it doesn’t, then lots of homeowners are stuck in loans they can’t modify and may not be able to afford.  … – Rortybomb Blog

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    bk1 bruce-krasting

    Barney Eats Seconds – Or Blows Smoke – Or Both – Bruce Krasting – Yesterday Barney Frank came out with a letter addressed to some of the big banks putting some muscle on them. He wants them to write off their second lien mortgages. He thinks the seconds are junk. … also has thoughts on performance of GSE subordinated debtBruce Krasting Blog

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    dash-of-insight

    thoughts on shadow inventories – HOUSING SUPPLY AND DEMAND – Jeff Miller – A Dash of Insight

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    seeking-alpha

    Moody’s: No Florida Real Estate Recovery Until the 2030s – Adam Sharp -  Bloomberg BusinessWeek is out with a piece on Florida’s misadventures in real estate. Apparently Eaton Vance is dumping Florida municipal bonds tied to real estate deals at $.26 on the dollar.  Still no need to mark down any of those bank assets, of course. The underlying assets will bounce back, we keep hearing. Well, Moody’s says the Florida RE market might not recover until the 2030s.Seeking Apha

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    detroit-freep-com

    Former Rock pitchman launches mortgage company of his own – BY KATHERINE YUNG – Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a mortgage company in Birmingham called Hall Financial. During his 12 years at Rock Financial, Quicken’s mortgage lending arm in Michigan, Hall, 39, appeared in numerous TV and radio commercials for the company. The superstar salesman rose to become Rock’s senior vice president and chief marketing officer. -  DETROIT FREE PRESS

  • NHTSA announces 2009 fatalities lowest since 1954, continue downward trend

    Filed under: ,

    Safety doesn’t sell cars. At least that’s what Detroit executives walked around saying back in the 1950s, 1960s and 1970s. The whole of them were convinced that if you even mentioned the word “safety” in a marketing campaign it would imply that cars were unsafe. In fact, it took a crusader like Ralph Nader to stand up to the auto industry and say enough with the death traps, like he did when he published his infamous Unsafe at Any Speed (only one chapter is about the Corvair!) in 1965. Like him or loathe, if you’ve walked away from a serious car accident in the last forty or so years, you probably owe him.

    And it looks like many more of us have been walking away from car accidents lately. According to a new report from The National Highway Traffic Safety Administration, the death rate for calendar 2009 plummeted by a frankly significant 8.9-percent from 2008. 33,963 Americans were killed on our roads last year, as opposed to the 37,261 people that perished in 2008. Still terrible, but much, much better. In fact, 2009’s fatality rate (measured with the totally morbid metric, “death per mile”) is actually the lowest such rate since 1954. Were cars safer back then? No, not even kinda sorta. It’s just that a much smaller percentage of the population drove back then. The Interstate system was still two years off, so road trips were rare and mostly for truckers and beatniks.

    Why the drop in the death rate? Many factors. Cars are getting safer. More air bags, crumple zones, better construction techniques, stability control, better tire technology – all of it is adding up to help prevent accidents, or at least make them more survivable. Also, campaigns like “Click It or Ticket” have increased seatbelt usage, and cops nationwide are cracking down harder than ever on drunk drivers. However, there’s one other reason the death rate fell so far in 2009: people drove less. Meaning that if our economy recovers and we start driving more, the death rate could – and probably will – increase. Make the jump to read the press release.

    [Source: NHTSA | Image: Bantam Dell Publishing Group]

    Continue reading NHTSA announces 2009 fatalities lowest since 1954, continue downward trend

    NHTSA announces 2009 fatalities lowest since 1954, continue downward trend originally appeared on Autoblog on Thu, 11 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

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