Author: Serkadis

  • Tesla Roadster, Roadster Sport now available for leasing

    Tesla Motors announced today that it is offering leasing options on its Roadster and Roadster Sport electric-vehicles.

    “We are committed to continuously improving and enhancing the Roadster, offering a leasing option means even more people can drive this exciting and groundbreaking car,” said John Walker, Tesla Vice President of Sales.

    Leasing a Tesla Roadster doesn’t come cheap. Through the company’s new Tesla Motors Leasing, customers will be able to take delivery of a new 2010 Roadster or Roadster Sport with a 3-year, 30,000 mile contract with monthly payments of $1,658. Buyers will also have to drop $12,453 at signing including $1,658 first month’s payment, $9,900 down payment, and $895 acquisition fee.

    You can get more details at Tesla Motors Leasing here.

    Follow the jump for the press release.

    Press Release:

    Tesla Offers Leasing Option for Iconic Roadster

    Launches Tesla Motors Leasing

    SAN CARLOS, CA (BUSINESSWIRE) — Tesla Motors, producer of the world’s only highway-capable EV, is now offering the option of leasing the groundbreaking Roadster and Roadster Sport. Tesla Motors Leasing will allow more people to enjoy the Roadster’s uncompromising design, engineering, and service with the benefits that leasing provides.

    Tesla Leasing allows customers to take immediate delivery of a new 2010 Roadster or Roadster Sport with a three year, 30,000 mile contract and with monthly payments as low as $1,658 (see below for details). The relative low cost of electricity vs. gasoline and the low maintenance needs of Tesla’s electric motor add to the benefits of leasing a Roadster over a conventional car. The cost savings compared to a similar gas powered car could be $131 per month based on an estimated 833 miles driven per month based on EPA fuel economy tests. At the end of the term, customers have the flexibility to purchase their Roadster or pay a fee and walk away.

    The Roadster is the only production car that is faster than many sports cars and more energy efficient than any hybrid. It is quickly becoming the choice amongst discerning drivers who demand performance with a clean conscience.

    The Roadster has an EPA range of 236 miles per charge, double that of any other commercially released electric vehicle. It can be charged in any conventional 120 or 240V outlet. The Roadster produces zero tailpipe emissions. It does not need regular oil changes or exhaust system repairs. Roadsters have no spark plugs, pistons, hoses, belts or clutches to replace.

    Tesla customers also benefit from the Tesla Rangers, Tesla’s pioneering mobile service squad. Tesla Rangers make house calls for annual inspections, firmware upgrades and other services, so customers can enjoy hassle-free service from their home or office. U.S. customers pay $1 per roundtrip mile from the closest service center, with a minimum charge of $100.

    Lease financing is available on Tesla Roadster vehicles. Monthly lease payments of $1,658 (excludes sales or use tax) for 36 months based on MSRP of $111,005 (includes destination and documentation fees). $12,453 due at signing includes $1,658 first month’s payment, $9,900 down payment, and $895 acquisition fee. No security deposit required. Excludes tax, title, license, registration, and any locally applied fees. This lease offer is subject to credit approval and is for well qualified customers only. Not all customers will qualify for this lease program. Lessee must cover insurance. At lease end, lessee will be liable for disposition fee ($350.00), any excess wear and use as set forth in the lease agreement and excess mileage charges of $0.25 per mile for miles driven in excess of 30,000 miles over the life of the lease. Lessee acquires no ownership interest unless purchase option is exercised. Visit a local Tesla showroom or contact Tesla Motors directly for details and vehicle availability. For more information call 650-413-6300. All figures presented are estimates only. Actual selling price may vary.

    More details on Tesla Motors Leasing can be found at: www.teslamotors.com/leasing

    – By: Kap Shah


  • Markham man charged in burglary tied to cop’s death

    Chicago police today charged a Markham man in connection with the burglary that Sgt. Alan Haymaker was responding to when he crashed on Lake Shore Drive and was killed early Monday.

    Larry Brown, 28, of the 16500 block of Park Avenue in Markham, was charged with burglary and obstructing identification in connection with the burglary Monday morning of a cellular phone store in the 3100 block of North Clark Street, police said in a news release.

    Brown is expected to appear in felony bond court today.

    •Read the article remembering Sgt. Alan Haymaker from Sun Times Media here.

    Police Supt. Jody Weis said earlier this week that prosecutors might charge anyone involved in the burglary with felony murder, based on the legal theory that the commission of the burglary led to the death of Haymaker.

    But a spokeswoman for the Cook County state’s attorney’s office said such a charge is not likely.

    There is not sufficient legal basis to charge the offender … in connection with the death of officer Haymaker,” Tandra Simonton said.

    “While we certainly understand the pain and anguish felt by the Chicago Police Department in the wake of this tragedy, we dont have the evidence that would be required to meet the burden of proof to sustain a felony murder charge.

    Haymaker, a third-generation Chicago cop, was killed when his squad car crashed into a light pole shortly after 5 a.m. Monday along Lake Shore Drive north of Irving Park Road. He was responding to a burglary at the time of the crash, police say.

    Icy roads were likely a factor in the crash, which is being investigated by the Chicago Police Departments Major Accidents Unit, police said.

    Haymaker, 56, who worked out of the Town Hall district on the citys North Side, was the father of three daughters. He is being memorialized today and Friday.

    Visitation for Haymaker is from 3 to 9 p.m. today and at 10 a.m. Friday at Bethel Community Church, 7601 W. Foster Ave., with a funeral service at the church starting at 11 a.m. Friday.

    The burglary Haymaker was responding to was at Consolidated Communications, 3167 N. Clark St.

    Read the original article published on SouthTownStar.com.

    Distributed via Chicago Press Release Services


  • Choose your Super Street Fighter IV pre-order goodies

    Capcom has revealed the different pre-order goodies you can get with Super Street Fighter IV. Depending on your geographical location and which retailer you pre-order from, you can get some alternate costumes, iPhone covers, shirts, or even

  • Shark-filled aquarium in Dubai mall springs leak

    DUBAI, United Arab Emirates — Water gushed from a leak in a shark-filled aquarium in a ritzy Dubai mall on Thursday, sending startled shoppers scattering and shutting down nearby shops in one of the city’s proudest attractions.

    Amateur video footage posted on the Web site of Dubai newspaper Gulf News showed what appeared to be hundreds of gallons of water showering down on the polished tiled floor of the Dubai Mall, which sits in the shadow of the world’s tallest tower.

    The timing is unfortunate for Dubai, which is trying to restore its once gilded image as it wades through a torrent of negative publicity generated by its burst property bubble, crippling debt pile and the assassination of a top Hamas commander in an airport hotel last month.

    The incident also raises new questions about building safety in the city-state, which pushed through ever more extravagant and complicated construction projects until the economic downturn halted its rapid-fire growth. Less than three weeks ago, trapped tourists had to be pulled from a stuck elevator in the mall owner’s record-breaking Burj Khalifa skyscraper nearby. The world’s largest tower, due to accept its first permanent tenants in March, has yet to reopen to the public.

    The breach in the 2.6 million gallon tank at the Dubai Mall, open little more than a year, was quickly plugged and caused no harm to the 33,000 fish inside, according to mall owner Emaar Properties. It was not clear when the attraction featuring an “underwater” tunnel would reopen.

    Visitors were kept far from the scene shortly after the water began pouring from behind the 2-1/2 foot (0.75 meter) thick viewing panel, making it difficult to gauge the extent of the damage. From a distance, most of the water and fish appeared to be contained inside the tank.

    Mahmoud Hamid, a spokesman for the sheikdom’s civil defense department, described the leak as “a small break in the glass” that maintenance crews were able to close later in the day.

    Emaar confirmed the aquarium breach in a brief emailed statement Thursday afternoon.

    “A leakage was noticed at one of the panel joints of the Dubai Aquarium at The Dubai Mall and was immediately fixed by the aquarium’s maintenance team,” the company said. “The leakage did not impact the aquarium environment or the safety of the aquatic animals.”

    The company added that it “upholds the highest safety standards in its management.” It did not make anyone available to comment further.

    Much of the area around the aquarium was evacuated and cordoned off. Three mall security employees were seen entering the area wearing orange life jackets.

    An employee working for the offsite ticket office who did not provide his name said late Thursday that the aquarium would not reopen Friday. He said it was undergoing “maintenance” and was closed indefinitely.

    Shopkeepers near the aquarium said they were ordered to close their stores and evacuate the area for fear of further flooding while the aquarium was repaired.

    “They told me that the aquarium exploded,” an employee of a nearby shoe store that was ordered shut said on condition of anonymity, because she did not want to jeopardize her business. “We feel upset because it’s the end of the month and the start of the weekend and we were expecting many customers,” she said.

    However, Alena Markovich, a manager of a clothing store that remained open for business Thursday, said the security response was swift and appropriate.

    “They are doing their best,” she said.

    The Dubai Mall and its signature aquarium opened in November 2008.

    The shark, stingray and fish-filled tank is located on the mall’s ground floor, next to upscale clothing shops and not far from an Olympic-sized ice-skating rink and the only international branch of high-end retailer Bloomingdale’s.

    The aquarium contains 2.6 million gallons (10 million liters) of water, and measures 164 feet (50 meters) across and 36 feet (11 meters) high. It boasts the world’s largest acrylic viewing panel.

    Mall owner Emaar is also the builder of the neighboring Burj Khalifa.

    The skyscraper has been closed to the public after visitors had to be pulled from the elevator shaft after one of the elevator cars got stuck. Emaar has not described the cause of the problem in detail, saying that “unexpected high traffic” and power supply problems were to blame.

    Read the original article on DailyHerald.com.

    Distributed via Chicago Press Release Services


  • India, Pakistan hold first talks in 15 months

    NEW DELHI — India and Pakistan held their first official talks Thursday since the 2008 Mumbai siege, with both sides saying they wanted to rebuild trust shattered in that attack but acknowledging that the meeting was just a first step toward a renewed peace process.

    The four-hour meeting between the nuclear-armed rivals ranged from shared water resources to the status of the disputed Himalayan region of Kashmir. But terrorism was the focus of the discussions — an emphasis Pakistan quickly made clear would only slow further talks.

    “The only way forward is to engage meaningfully across the board, and not hold the relationship hostage” to the issue of terrorism, Pakistani Foreign Secretary Salman Bashir told reporters after the meetings. India has long argued that Pakistan has not done enough to rein in militants operating from its soil, an accusation that Pakistan denies.

    Expectations were extremely low for Thursday’s talks, which were seen as little more than a symbolic first meeting and which India had billed as “talks about talks.” Both sides indicated little of substance had been achieved.

    But just meeting after 15 months was a significant diplomatic achievement — even if it came in the wake of months of pressure from Washington, which is eager to see Pakistan shift resources away from the Indian border and toward supporting the U.S. in its fight against the Taliban and al-Qaida.

    “Our aims were modest” Indian Foreign Secretary Nirupama Rao said after the discussions. “We have set out to take a first step towards rebuilding trust, and I believe my meeting with the Pakistan foreign secretary has constituted that first step.”

    There was no immediate talk of a second meeting, with Rao saying only that she and Bashir “have agreed to remain in touch.”

    Pakistan has called for the resumption of comprehensive peace talks, but India has demanded it crack down on militants first, especially Hafiz Saeed, whom India accuses of orchestrating the Mumbai siege.

    Rao said she reiterated to Bashir that his nation must do more to dismantle terror networks and gave him dossiers on those linked to the Mumbai attacks, an al-Qaida-linked militant who has issued threats against India, and Indian fugitives hiding in Pakistan.

    Pakistan is trying seven men on charges they planned and carried out the Mumbai attacks, which left 166 people dead, but the militant network blamed for the assault continues to operate relatively freely in the Pakistani city of Lahore.

    Bashir insisted, though, that Pakistan had done all it could.

    “As far as the issue of Mumbai is concerned, Pakistan has done everything that was proper and could be done,” he said.

    Under repeated questioning from reporters, Bashir eventually grew testy, noting Pakistan had been hit by far more terror attacks than India.

    “We have suffered many, many hundreds of Mumbais,” he said. “We have lost a large number of civilians who have been subjected to these attacks by terrorists. Pakistan’s No. 1 priority is to deal with terrorism.”

    “India should not just lecture us and demand Pakistan do this or that. That is not the way state-to-state relations are conducted,” he said. If discussions don’t move beyond terrorism, he said, “we’ll be caught endlessly in a time warp.”

    Pakistan used the meeting to raise broader issues including the dispute over Kashmir — which both countries claim in its entirety and Bashir called “the core issue” — allegations that India is aiding militants in the Pakistani province of Baluchistan and a dispute over water resources.

    The talks are a political risk for New Delhi because of public mistrust of Pakistan. However, the government is anxious to keep cross-border tensions low.

    India is convinced that “we must not shut the door on dialogue with Pakistan and that such dialogue, if it gathers momentum, holds tremendous potential for the progress and well being of the people of our region,” Rao said.

    Read the original article on DailyHerald.com.

    Distributed via Chicago Press Release Services


  • Nurse accused of ignoring suspicious deaths gets $10,000 to help defense

    The defense for a registered nurse accused of turning a blind eye to several suspicious deaths at a McHenry County nursing home received a huge boost Thursday when a judge agreed to give her $10,000 in county money to hire expert witnesses.

    Judge Joseph Condon ruled that Penny Whitlock is indigent and therefore eligible to receive financial assistance to retain witnesses on issues “crucial” to her defense.

    “The judge made the right decision,” Whitlock attorney Nils Von Keudell said later. “Fair is fair. The state has unlimited resources to prosecute; Penny doesn’t (to defend herself).”

    Condon made the ruling after hearing Whitlock testify, sometimes through tears, that she already is $107,000 in debt and has no more money to defend herself.

    Whitlock, 60, of Woodstock, faces five counts of criminal neglect of a long-term care facility resident and two counts of obstructing justice stemming from a 15-month investigation into a rash of unusual deaths in 2006 at the Woodstock Residence nursing home.

    Authorities allege Whitlock, the home’s former director of nursing, endangered patients by failing to report staff members’ allegations that nurse Marty Himebaugh was giving dangerous doses or morphine or other drugs to patients.

    Whitlock, the charges allege, responded to the complaints by saying Himebaugh could “continue to play ‘Angel of Death’ in the facility.”

    Her defense plans to use about $5,000 to retain Dr. Laura Labay, a Pennsylvania-based toxicologist who authorities initially turned to while investigating the deaths. Labay, according to the defense, told investigators one of the suspicious patient deaths could not be attributed to morphine intoxication.

    That led authorities to seek out and retain another expert who is expected to testify that the death was morphine-related.

    Von Keudell said he plans to use the rest of the county money to consult with and retain nursing experts to possibly testify in defense of Whitlock’s actions.

    County prosecutors did not object to the request, but did say they will ask that Whitlock be ordered to reimburse the county for expert fees if she is convicted. No trial date in the case has been scheduled, but Von Keudell said he believes the case could be before a jury by the end of the year.

    Himebaugh, 58, of Lake in the Hills, also is awaiting trials on multiple felony charges that stop short of claiming she killed patients, but allege she gave dangerous dosages of drugs to patients who later died.

    Both women would face a maximum three years in prison if convicted.

    Read the original article on DailyHerald.com.

    Distributed via Chicago Press Release Services


  • Geneva Preview: MercedesSport individualization program

    Filed under: , ,


    MercedesSport E-Class – Click above for high-res image gallery

    “Sporty” is a relative term. Some might consider a base Mercedes-Benz “sporty” enough. AMG drivers would undoubtedly beg to differ. But there’s a big gap between the two, one that Benz is keen to bridge. The German automaker has already done that in part with various AMG appearance packages, but now it’s taking things a step further with the new MercedesSport accessory line.

    Offered initially on the new E-Class – in all its iterations, including sedan, wagon, coupe and convertible – the MercedesSport package upgrades with a ground-effects aero kit, spoilers, and 18-inch alloys in glossy black or chrome. Upgraded brakes and suspension are also available, along with interior trim upgrades.

    Packages are in the works as well for other models in the Mercedes range, but you can read about this one in the press release after the jump and check out the images in the gallery below ahead of the program’s debut at the Geneva Motor Show.

    [Source: Mercedes-Benz]

    Continue reading Geneva Preview: MercedesSport individualization program

    Geneva Preview: MercedesSport individualization program originally appeared on Autoblog on Thu, 25 Feb 2010 13:58:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • We Are All Dollar Bulls Now

    Just in case you needed any more proof that the sentiment in the currency market is 180-degrees opposite to last year, here is the chart of net speculative trading positions at the CME. (via MineWeb)

    There hasn’t been this much bullishness towards the dollar in years.

    Apologies for the blurriness.

    chart

    Join the conversation about this story »

    See Also:

  • Mugen Honda CR-Z shows hybrids can look very sporty

    While the Honda CR-Z was already out to prove that hybrids don’t have to be boring, the company’s tuning arm Mugen thought it could make new hybrid sports coupe just a little more exciting with a couple of cosmetic upgrades.

    Added by Honda dealers, buyers will be able to choose from a number of modifications including a new front splitter, daytime running lights, side seals, rear-diffuser, wheels and new rear-wing. Interior enhancement include a Mugen branded gear shifter, additional dials and carbon fiber rear-view mirror.

    Sales of the 2011 Honda CR-Z Hybrid will kick off in the U.S. in the second half of 2010.

    Click here for more news on the Honda CR-Z Hybrid.

    Refresher: The 2011 Honda CR-Z is powered by a 1.5L i-VTEC mated to Honda’s Integrated Motor Assist hybrid system. It produces a total of 122-hp and a maximum torque of 128 lb-ft when mated to manual transmission (123 lb-ft for CVT models). Fuel-economy is estimated at 31/37 mpg (city/highway) for the manual model and 36/38 mpg for the CVT model.

    Mugen Honda CR-Z:

    – By: Kap Shah


  • Ready, set, speculate! Justin Timberlake joining new Audi concept in Geneva

    Filed under: , ,

    Audi RS5 – Click above for high-res image gallery

    In addition to the world premiers of the RS5, the all-new A1 (complete with Justin Timberlake cameo) and the near-production A8 Hybrid, Audi plans to trot out an additional concept car onto the stage at the Geneva Motor Show, and your guess is as good as ours.

    With the two previous e-tron concepts and Audi’s push to get an electric sports car to market within the next two years, it almost seems inevitable that another variant of the e-tron is in the cards, but maybe not this soon. Other possibilities include a new hatch to replace the A3 – something that seems decidedly staid for an otherwise spectacular show – and our personal pick: Something TTish. So… what do you think is coming to Switzerland? Sound off in the comments below and get ready for our live coverage beginning on Tuesday.

    Gallery: Audi RS5

    Gallery: 2011 Audi A1

    [Source: Audi]

    Ready, set, speculate! Justin Timberlake joining new Audi concept in Geneva originally appeared on Autoblog on Thu, 25 Feb 2010 13:40:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • CHART OF THE DAY: The Unemployment Chart You’ll Love And Hate

    Here’s an unemployment chart you’ll both love and hate, from Citi’s Steven Wieting.

    As shown below, since 1980, employment (in red) has fallen after corporate profits (in black) have risen, and vice versa. The relationship is very clear.

    Problem is, there’s about a one-year lag between the two trends. This highlights what should simply make sense — companies hire people once they see profits rebounding, and more importantly once they believe that adding more people will lead to higher profits. Still, this fact of economics isn’t fun for the unemployed.

    But here’s the good news. Given the recent rebound in corporate profits the U.S. has already experienced, there is a very high chance that employment will get better over the coming twelve months. One can’t stress enough the fact that employment is a lagging indicator:

    chart of the day, corporate operating profits vs private employment


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  • Watch: The sights and sounds of Yakuza 3

    Ryukyugai in Okinawa and Kamurocho in Tokyo. The bulk of Kazuma’s adventures in Yakuza 3 take place in these two locations. The latest Yakuza 3 trailer gives us a glimpse at the fun activities one can undertake in these

  • Alicia Keys on ‘Put it in a Love Song’ video

    Alicia Keys is preparing to launch the video for “The Element’s…” latest single, “Put it in a Love Song,” her Swizz Beatz-produced duet with Beyoncé. Keys said the video, which the duo recently shot in Brazil, is currently being edited and should be ready to premiere by the weekend or early next week.

    “Brazil followed so closely with the energy of the song…the sensuality of it and how it’s eccentric and it’s colorful,” Keys said. “And Brazil is so colorful and they were preparing for their Carnival and that was colorful as well, so it just all blended together…It’s just something that is so unforgettable and it just feels so good and it really represents the song and it has that same energy as the song. It was really great to be able to collaborate; we both admire each other very much and have a lot of love for each other, so it was great to get on a record with each other like that and do something historic.”

  • Olympic food service provider Sodexo earns sustainability distinctions

    From Green Right Now Reports

    If you’ve eaten in a hospital, high school, college or company cafeteria in recent years, you may have been served by Sodexo, even if you didn’t know it. During the Vancouver Olympics, the ubiquitous French-based food service giant provided meals at the Athletes Village, too.

    In the latter case, that involved more than flipping burgers and blending smoothies.

    “They can’t use supplements, even multi-vitamins, because there are no guarantees they won’t contain banned substances, and muscle-building and recovery powders and protein powders might contain pro-hormones,” said Nanci Guest, director of sport nutrition for the Organizing Committee and supervising dietitian for the Athletes’ Village. “We’ll have ingredient lists for every food offered. Sodexo has done a lot of research and gathered information from other Olympics.”

    Image: SAM

    Image: Sustainable Asset Management

    Serving 2,500 athletes and officials 24 hours a day is a big undertaking, but Sodexo is in the news lately for another reason: The company’s sustainability efforts have earned recognition from Sustainable Asset Management for the third straight year. In the 2010 Sustainability Yearbook, Sodexo is awarded two distinctions: SAM Sector Leader 2010 and SAM Gold Class 2010.

    The 2010 Sustainability Yearbook identifies companies that best combine economic and sustainability performance from among the world’s 2,500 largest corporations.

    “Learning how to measure and report on a company’s sustainability efforts is an increasingly important business skill,” said Arlin Wasserman, Sodexo Vice President of Sustainability and Corporate Social Responsibility.”We will challenge and enrich promising young business leaders with this professional experience, which will in turn help our clients and company improve sustainability performance.”

    Sodexo, with 380,000 employees serving 50 million consumers around the world, was determined to be at the head of its industry category, “Hotels, Restaurants, Bars & Recreational Services” based on the following criteria specific to its business: Brand Management, Food Safety, Environmental Policy / Management System, Healthy Living, Local Impact of Business, Stakeholder Engagement and Standards for Suppliers.

    In addition, Sodexo has been ranked 71st by Covalence on its list of the world’s most ethical companies, the first year that the Group has been included. Sodexo also recently has been listed for the fourth consecutive year as “Global Super Sector Leader” by the Dow Jones Sustainability Indexes (DJSI).

    Copyright © 2010 Green Right Now | Distributed by GRN Network

  • Ratings Report for ABC News’ “Nightline” For the Week of February 15, 2010

    “NIGHTLINE” IS #1 AMONG TOTAL VIEWERS, ADULTS 25-54,

    AND ADULTS 18-49 – OUTPERFORMS “LETTERMAN”

     

     

    ABC News “Nightline” was number one among Adults 25-54, Adults 18-49, and Total Viewers, outperforming CBS’ “Late Show with David Letterman” for the week of February 15, 2010, according to Nielsen Media Research.  NBC’s “The Tonight Show” was pre-empted due to the Winter Olympics. 

     

    For the season, “Nightline” also continues to rank second, besting “Tonight” among  Total Viewers (3.93 million) and Adults 25-54 (1.59 million / 1.3 rating).

     

    Last week, “Nightline” reported on Tiger Woods’ apology, the ongoing military effort to oust the Taliban from Marja, Afghanistan, and featured an interview with Martin Scorsese and Leonardo DiCaprio on their new film, “Shutter Island.”

     

    *Note: “Nightline” was based on a 4-day average (Tuesday-Friday).

     

    ABC News’ “Nightline” is anchored by Cynthia McFadden, Terry Moran and Martin Bashir. John Donvan and Vicki Mabrey are correspondents. James Goldston is the executive producer. The program airs weeknights at 11:35 p.m., ET on the ABC Television Network.

     

     

    (Week of February 15, 2010)   

     

          TOTAL VIEWERS   A25-54(000)/ Rtg    A18-49(000)/ Rtg 

    ABC “Nightline”  3,350,000  1,530,000/ 1.2     1,290,000/ 1.0

    CBS “Late Show”  3,260,000  1,380,000/ 1.1     1,040,000/  .8

    NBC “Tonight”    ***Pre-empted***  

     

     

    Source:  The Nielsen Company. NTI (Total Viewers, Adults 25-54 & Adults 18-49 Live + SD weeks of 2/15/10

  • The Questionable Line Between Crowdfunding And An Illegal Securities Offer; The Pabst Brewing Case Study

    We’re certainly among those interested in various “crowdfunding” options out there for various business models, but the ones that seem to work are situations where people are buying something specific for their money, rather than buying “ownership” in a product or company. Once you’re trying to sell ownership, you’re basically offering equity, and I would imagine that’s a huge no-no to the folks at the SEC who very, very, very carefully regulate any sort of equity offer. Mark Glaser points us to the fact that two ad agencies, upon hearing that the Pabst Brewing Company was up for sale decided to set up a website called Buy A Beer Company, with the goal of getting people to pledge a bunch of money that could be used to buy Pabst.

    The website has the typical “tiered” options that we’ve seen from other crowdfunding offers (though, what you get at each level isn’t clearly explained). I’m assuming that this is something of a PR stunt by those ad firms, but I’m wondering if they may run into some serious legal problems pretty quickly. They’re basically offering unregistered securities in another company without having gone through any of the rather strict legal process required to make any sort of investment offer of this nature. Even if it is just a joke, it seems like the kind of joke that could end up with people in court.

    Permalink | Comments | Email This Story





  • Editorial: Investigate Climate Crimes from Investors.com

    Article Tags: Editorial

    Climate Fraud: A senator wants an investigation of the false climate testimony before Congress and wants Al Gore to reappear. The illegalities may involve more than just lying to Congress.

    At a hearing Tuesday by the Senate Environment and Public Works Committee on the Environmental Protection Agency’s budget, ranking Republican James Inhofe told EPA head Lisa Jackson that man-induced climate change was a “hoax” concocted by ideologically motivated researchers who “cooked the science.”

    More than that, Inhofe, in releasing a GOP report questioning the science used to support cap-and-trade legislation, hinted that such activities may be part of a vast criminal enterprise designed to bilk governments, taxpayers and investors while enriching those making the false claims.

    In asking the administration to investigate what he called “the greatest scientific scandal of our generation,” Inhofe called for Gore to be summoned to explain and defend his earlier testimony in light of the Climate-gate e-mail scandal and admissions by the Intergovernmental Panel on Climate Change (IPCC) that its Fourth Assessment Report (AR4) was essentially a work of fiction.

    Source: investors.com

    Read in full with comments »   


  • Hunter-Gatherer Body Composition

    Picture16A couple weeks ago in my post about health and vanity a good discussion got started in the comment board about the body composition of our hunter-gatherer ancestors. Was Grok lean and ripped or not? Let’s take a look at what we know.

    It’s pretty well established that hunter-gatherers eating their traditional, whole-foods hunter-gatherer diet (whether Inuit, or Masai, or Pacific Islander, or whatever else) display little to no signs of the diseases of civilization. Infection, warfare, pestilence, starvation, and colonial incursion were occasional or even frequent sources of poor health outcomes, but for the most part they were well-nourished and free of degenerative diseases, even the long lived members. These guys weren’t dying for lack of statins or chemotherapy – let’s put it this way.

    They were also physically active. They had to be, since dinner wasn’t to be found on a menu or on a store shelf (or even a farmers’ market). And if food was to be hunted, gathered, or wrestled wriggling from a rushing river, physical prowess increased the chances of success. Some anthropologists even suggest that the athletic prowess of Paleolithic man rivaled that of modern day Olympians. A few months back, I linked to paleoanthropologist Peter McAllister’s claims that his analysis of 20,000 year old Australian aboriginal footprints revealed a top speed of 37 km per hour – pretty damn close to Usain Bolt’s 42 km per hour. Give these guys a hard surface, some modern training, and McAllister bets they’d match or top Bolt. He cites similar feats in other peoples, including 110 meter hardwood spear throws and Tutsi initiation rites requiring high jumps of 2.52 meters. Even if he’s exaggerating or mistaken, the average hunter-gatherer – modern or Paleolithic alike – is going to be fitter than the average modern sedentary human, just as gym rats are fitter than people who never exercise. It’s a pretty simple concept.

    But were they jacked? Could they grace the cover of Men’s Fitness? Or did Grok possess the universally lauded “Brad Pitt in Fight Club” physique?

    Before we get into this too far let me make one important point. While Grok certainly had the capacity to become very strong and very lean very quickly (just as we do), survival dictates that he (or she) conserve energy. Grok’s not worried about definition in his lats, or getting lean enough to show off his 6 pack or in topping his personal records in the squat rack. It was much more practical for Grok. All that mattered to Grok was whether he was fit enough to bag that next boar. In other words, the capacity to be ripped doesn’t mean you have the obligation to be ripped. When you don’t know where the next meal is coming from conservation of energy is a huge consideration. Additionally, for a society that has virtually no material objectives other than catching the next pig and gathering the next palm frond it’s wealth is leisure time. The ability to relax, play, rest and just live was Grok’s luxury. So Grok’s mentality would have been, “how can I get the most amount of enjoyment with the least amount of input”. (Hmmm. Sounds a lot like The Primal Blueprint.) There is evidence that they were stronger and leaner and genetically they were certainly capable, but bear in mind that there is also a premium put on energy conservation.

    Now back to the question of whether Grok looked like Mr. Pitt.

    We don’t know for sure. I mean, it’d be silly to suggest no one had the rippling abs, but we can’t say they were normal features for early man. Going by fossilized remains, it certainly seems plausible that Grok was carrying a fair amount of lean mass on his body; Paleolithic human fossils typically evince far higher levels of mineral bone density than do modern humans, and strong, dense bones are hallmarks of physically active people engaged in weight bearing exercises (in a gym or on the savannah). The science is quite definitive on this note, but it still doesn’t mean Grok was overly muscular. It just means Grok was active and strong enough to make it through the day, and he was bearing plenty of weight, enough to stimulate bone density growth. Bones are living organs that respond to stimuli, much like muscle does. Exerting oneself and lifting weights (barbells or fallen game) tells your body to build stronger bones.

    But do dense bones necessarily mean big muscles? Couldn’t they simply mean big exertion?

    A small British study from several years back might give us a clue as to how bone mineral densities correspond to muscularity in active individuals. After comparing the bone mineral densities of several groups of athletes to that of a (non-exercising age-matched, gender-matched) control group, researchers found that rugby players displayed the greatest adjusted increase in bone mineral density. Strength athletes were close behind, followed by triathletes and tennis players. These groups all showed major increases in bone density when compared to the control group, while the “low-strain, low-impact” cyclists and rowers showed no beneficial growth in bone density. To get an idea of the type of physiques that accompany the various bone mineral densities, take a look at a group of rugby players, a powerlifter, and a triathlete. Now, check out some rowers and a cyclist. These are just pictures of individuals, and they don’t tell the entire story, nor do they rule out the existence of heavily muscled cyclists and emaciated rugby players, but I’d say they’re at least somewhat representative of the average. I think it’s safe to suggest that high mineral bone densities derived from athletic activity correspond to relatively robust muscularity. I also think it’s safe to suggest that since our ancestors were undoubtedly active on a regular basis, their robust bone densities indicate a pretty decent physique – unless they somehow found a steady source of fructose-rich honey, continuously gorged on root strips fried in a hollowed-out buffalo skull filled with boiling tallow, and developed an insulin-resistant belly to cover up those muscles.

    Based on fossil evidence and modern understandings of how bone densities correspond to muscular hypertrophy in athletes, we can surmise that hunter-gatherers did have the potential for impressive physiques. The actual composition of HG musculature undoubtedly varied based on how they exerted themselves – if you were more gatherer than hunter, for example, you wouldn’t be bearing as much weight or exerting yourself as much, whereas a big game hunter with a steady diet of explosive thrusts, sprints, and carcass-heaving might be a hulking mass of corded muscle (like a Neanderthal).

    What about modern hunter-gatherers? They don’t look all that impressive. Are they accurate corollaries for Grok?

    Any photographs we have are of fringe hunter-gatherers, of displaced peoples subsisting on less than ideal lands with less available game and fewer resources. They aren’t necessarily indicative of what actual untouched hunter-gatherers looked like. Photos of Native Americans twiddling their thumbs on reservations are just sad reminders of their plight and their destruction; if anything, it’s an indication of the poor Western diet and the effects of sedentarism and perpetual despair. The camera records for posterity, but its very presence affects its subjects. Photos aren’t taken in a vacuum; they are taken amidst the dissembling of the very conditions that enabled our ancestors’ robust health and physicality. It’s impossible to separate the two.

    Modern hunter-gatherers no longer have the lay of the land, and what land remains open is forever (short)changed. Roads and towns disrupt the delicate balance of wildlife, the natural ebb and flow that traditional people – as willing, integrated members of the natural cycle – came to rely upon for sustenance and survival. Beyond that, though, the arrival of civilization means the widespread destruction of wildlife and habitat. It’s a basic formula: human population increases (either through agricultural explosion or colonization), wild game population decreases (either by destruction of habitat or overhunting). History is replete with tales of bountiful hunting grounds rendered fallow in a single generation. It’s progress, yeah, and it’s made for some incredible advances, but it also undoubtedly spells certain doom for the hunter-gatherer folk who still happen to be living and eating there. So when someone points out the subtle man-boobs of a hunter-gatherer barely eking out a somewhat traditional existence on a sliver of land in some war torn nation, I don’t think that’s fair to Grok.

    There are the stories, though – the anthropologic accounts of individual explorers and scientists living among traditional, mostly untouched peoples still following the old ways before the wagons arrived. There’s the Lewis and Clark journal (available free online), in which our intrepid explorers write of “plains Covd. with game” and witness “immence quantities of game in every direction around us…consisting of herds of Buffaloe, Elk, and Antelopes with some deer and wolves” – game so plentiful “that two good hunters could conveniently supply a regiment with provisions” and so “gentle that the men frequently throw sticks and stones at them in order to drive them out of the way.” These weren’t the skittish, sparse herds that populate civilized America today and have to dodge cars and hunters; no, the America known by historic hunter-gatherers was populated by reams of walking, running, nibbling, grazing, and brazen sacks of living meat willing and liable to walk right up to you. Their native guides would go for a light stroll and come back bearing several elks, a buck or two, and an antelope, almost by accident.

    Travel accounts and skeletal records from the precolonial era (or, at least, pre-reservation era) reveal that the native peoples of the North American plains tribes were taller than their colonizer counterparts, as well as stronger, fitter, and healthier (except when faced with guns and foreign diseases, of course). Richard Steckel, from the Ohio State University Anthropology department, published a paper called “Tallest in the World: Native Americans of the Great Plains in the Nineteenth Century” that asserts the Plains nomads were actually “tallest in the world during the mid-nineteenth century” as confirmed by “travelers’ accounts and by the skeletal record.” He compared 9,000 individual fossil records from 51 different Native American groups ranging from North to South America, and the horse-riding, buffalo-eating Plains tribes were the tallest and most robust. They were also among the most physically active – and physically impressive – groups, and they obtained a significant portion of their caloric intake from animal fat and protein. Their neighbors to the south, like the Southern Cheyenne, were more sedentary and ate a more agrarian diet. They were also “less considerable in stature.”

    I don’t think that’s a coincidence. I think it’s obvious that activity level and macronutrient ratio plays a huge role in hunter-gatherer body composition. The more activity they get, the more hunting they do, the more calories they derive from animal foods, the more physically impressive they are – the more typically “ripped” they appear. Kinda like what you’d expect from modern humans following a meat-and-animal-fat-heavy diet and strength-training regimen versus a vegetarian diet and yoga regimen (nothing against yoga!). The animal eater and heavy-thing lifter is going to have more muscle and less fat, on average (I know, I know, bring on the “entirely representative” pictures of crazy vegan bodybuilders).

    This seems to play out in other hunter-gatherer cultures, too. While most of the pictures I was able to find were of flabby or nondescript modern hunter-gatherer physiques (subsisting on less than ideal lands, remember), there were a few with impressive, lean looks – and they were often members of meat-centric groups who still managed to maintain a fairly traditional diet. Take the Ache, from Paraguay, who get over 80% of their calories from animals or insects. Pretty impressive all around:

    Check out this bow hunter and note the dense shoulder striations.
    Or how about this guy mean mugging the camera?
    Here’s another bow hunter with a good build.
    Here’s both men and women.
    And I’d be willing to bet this guy would have a very respectable back squat.

    There’s also the Hadza, out of central Tanzania, who still manage to scrape together a decent proportion of meat in their diet. They do the root-and-tuber thing, too, of course, but meat remains the most prized – if not always plentiful – food.
    The guys aren’t completely ripped, but they’re solid enough and plenty lean. Check out the leg musculature, especially the calves. And check out this dude in Papua New Guinea.

    Australian Aboriginals, around the turn of the century, weren’t exactly slouches, even the old guys! Here’s a younger one, and here’s a group of lean, dangerous looking hunters. Of course, there’s always variation in any population.

    The pictures don’t mean much either way; it’s just my way of showing that, despite pretty much everything stacked against their way of life, some modern hunter-gatherers are still able to forge impressive physiques. They weren’t all flabby. Assuming wild game was as plentiful in the Paleolithic as the travel writers claim it was before widespread colonialism, I’d imagine that earlier hunter-gatherers had more opportunities than their modern counterparts to be decently ripped. That’s all.

    The physique of early man was dependent on many factors: activity level, activity type, diet, availability of animal protein/fat, and the seasonal patterns, to name just a few variables. The more hunting they did and meat they ate, the “better” their physique was – at least, that’s how it played out among modern hunter-gatherers, as well as those of us who follow a Primal eating (high meat) and exercising (high exertion) plan. And let’s remember that Grok had an interest in not exerting himself. More often than not conditions were such that Grok had to labor and his physique showcased this fact. But if conditions changed so would his body composition.

    I think it’s safe to say that, judging from the robust bone structure and intense physicality of our ancestors, plus what we know about bone density and modern musculature today, there were more than a few well proportioned individuals running around the tundra, the savannah, the forests, and the bush of the ancient world. They may not have had mirrors with which to chart the developing definition of their abdominals, and they probably didn’t care about vascularity or the “pump,” but they were strong enough, fast enough, smart enough, and tough enough to make it this far… do you really think there weren’t even one or two six packs among the lot of ‘em? I mean, if we pampered moderns can somehow manage to put up respectable weight and assemble decent bodies while driving cars, working office jobs, and sleeping in soft fluffy beds, I bet Grok could too.

    What do you think? Was Grok a slouch, ripped or somewhere in between? Does it matter? Share your thoughts in the comment board and Grok on!

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    Related posts:

    1. Dear Mark: Body Composition Through the Years
    2. Did Grok Really Eat That Much Meat?
    3. Dear Mark: Pondering Protein

  • Report: General Motors looking at two previous Hummer offers

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    According to a report by the Wall Street Journal, General Motors is taking a second look at two previous offers for Hummer after the deal to sell the ailing sports utility brand finally succumbed to a slow death yesterday.

    The WSJ doesn’t divulge which companies are in the offing to purchase Hummer, only saying that GM had rejected offers from the two firms last year.

    The original deal to offload the brand onto China’s Sichuan Tengzhong Heavy Industrial Machinery for $150 million was apparently rejected by the Chinese government, although the reason for the rejection is still in question.

    It’s hard not draw comparisons to the Saab saga that played out over the course of the last year, with GM finally selling the brand to Spyker after prolonged negotiations. Then again, we could have a Pontiac or Saturn situation on our hands, with Hummer set to go the way of the Dodo if a deal isn’t reached within the next few months.

    [Source: Wall Street Journal – Sub. Req. | Image: Scott Olson/Getty]

    Report: General Motors looking at two previous Hummer offers originally appeared on Autoblog on Thu, 25 Feb 2010 13:08:00 EST. Please see our terms for use of feeds.

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  • 2012 Lexus LFA prices to start at $375,000

    Besides updating us on the latest news about its recall woes, Toyota Motor Corp today announced the U.S. pricing details on the Lexus LFA supercar, which will come to the stateside as a 2012 model year vehicle. The flagship of the F portfolio will start at a whopping $375,000 and that price tag does not include a delivery, processing and handling fee.

    Customers will be able to choose from three different configurations included in the base MSRP including:

    • Configuration 1 – Leather or Alcantara-trimmed seats.
    • Configuration 2 – Leather or Alcantara-trimmed seats, Lexus Navigation System and Mark Levinson Premium Surround Sound system.
    • Configuration 3 – Leather or Alcantara-trimmed seats, Lexus Navigation System, Mark Levinson Premium Surround Sound system, and Lexus Enform with Safety Connect.

    All Lexus LFA units will be hand-built to customer specifications and production will kick off in the December. Only 500 units of the LFA will be built worldwide – Lexus did not confirm how many units will come to the United States.

    Click here for more news on the Lexus LFA.

    Refresher: Power for the Lexus LFA comes from a 4.8L V10 that makes 552-hp with a maximum torque of 354 lb-ft. Mated to a 6-speed Automated Sequential Gearbox, the LFA goes from 0-60 mph time of just 3.5 with a top speed of 202 mph.

    2012 Lexus LFA:

    2011 Lexus LFA 2011 Lexus LFA 2011 Lexus LFA 2011 Lexus LFA

    Press Release:

    Lexus Announces Price of All-New LFA Supercar
    TORRANCE, Calif. (Feb. 24, 2010) – Lexus today announced the Manufacturer’s Suggested Retail Price (MSRP) of $375,000 for the all-new 2012 LFA supercar. The MSRP does not include a delivery, processing and handling fee.

    LFA, the flagship for the F portfolio of Lexus performance models is the fastest Lexus production car ever built and delivers world-class design, performance, and cutting-edge technology. The LFA is only available as a two-year lease with the intent to purchase. Only 500 LFA will be built worldwide.

    “The LFA has more passion and character than any Lexus built and we’re excited that we’re finally able to give U.S. customers official pricing,” said Mark Templin, Lexus group vice president and general manager.

    All LFAs will be hand-built to customer specifications and production will begin December 2010. Customers will be able to choose from three-configurations included in the base MSRP:

    Customers will be able to customize the LFA with 30 exterior colors, six brake caliper colors, and 12 interior colors. Some choices carry an additional cost.

    The Lexus LFA is exclusively powered by a sophisticated new high-revving 4.8-liter V10 engine that generates 552 horsepower at 8,700 rpm and 354 lb.-ft. of peak torque at 6,800 rpm. The engine is mated to a unique six-speed Automated Sequential Gearbox (ASG) with paddle shifters that enables ultra-quick gear shifts (0.2 seconds) with four driving modes – AUTO, SPORT, NORMAL and WET for exceptional versatility.

    Lexus’ supercar accelerates from 0 to 60 in 3.6 seconds and achieves a maximum speed of 202 mph thanks to an independently controlled throttle body for each cylinder, high-volume 12-hole injectors, dual Variable Valve Timing with intelligence (VVT-i), low-friction engine components, and equal length exhaust manifolds.

    Lightweight, powerful and balanced, the LFA features advanced Carbon Fiber Reinforced Plastic (CFRP) construction for its chassis and bodywork to deliver a light, incredibly strong and impact-resistant structure. To help provide superior handling and braking and traction control the LFA features track-tuned lightweight aluminum alloy suspension components; six-piston front and four-piston rear calipers to grip the Carbon Ceramic Material (CCM) brake rotors; and a specially calibrated Vehicle Dynamics Integrated Management (VDIM) system.

    The low-slung LFA exudes supercar styling with Lexus design philosophy in one cohesive form. Its clean, muscular and athletic design is complemented by extraordinary aerodynamics for optimal drivetrain cooling and superb high-speed handling. Its incredible exhaust note is possible by the multi-stage exhaust system that exits through a stacked trio of exhaust outlets. The LFA’s exterior styling is further enhanced with BBS® 20-inch forged-aluminum 10-spoke wheels available in three different finishes.

    “After years of development, Lexus is able to offer driving enthusiasts an exciting and exclusive combination of performance and luxury in a sleek supercar package. It’s thrilling to know that in about a year, you just might see one driving down the street,” said Templin.

    – By: Omar Rana