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  • Taco Bell To Begin Plaguing The Bowels Of England This Summer

    The people of England may need to upgrade their plumbing — Taco Bell is coming to the UK later this summer.

    As part of parent company Yum Brands’ plan to increase their foothold in Jolly Ol’ England, it is attempting to slowly insinuate the not-exactly-Mexican taco chain into the fast food fabric there. Yum has already expanded the numbers of their KFC and Pizza Hut stores in the UK in recent months.

    “This is a major step in our international expansion, and Lakeside is just the start of our plans in this country,” said Nick Dawson, general manager, Taco Bell UK and Europe.

    In the late ’80s, Yum made an unsuccessful bid to bring Taco Bell to England, opening up four eateries, all of which closed within a few years.

    But, pointing out that the market for Mexican food in the UK has increased by 9% in just the last two years, Yum thinks the timing is right for a Taco Bell invasion.

    “UK consumers are looking for choice and value for money,” said Mr Dawson. “Taco Bell, whose offerings are priced between 79p and £3, offers both.”

    Taco Bell to open in the UK [FT.com]

  • BlackBerry Partners Fund Expands To China With $100 Million To Burn


    Blackberry Curve

    The BlackBerry Partners Fund has expanded to China with a $100 million fund through a new joint venture with China Broadband Capital Partners, a four-year-old investment firm.

    The two companies said The BlackBerry Partners Fund China will invest exclusively in opportunities supporting “the emerging mobile ecosystem in China,” which is considered the world’s largest mobile market. The fund is expected to officially close at the end of August.

    No word on whether the Chinese start-ups must have a BlackBerry component or not, but it likely won’t be a requirement. Back in May 2008, the original $150 million BlackBerry Partners Fund was launched for the purpose of investing in mobile applications and services for BlackBerry and other mobile platforms.


  • Mazda3 replaces Honda Civic as best-selling passenger car in Canada

    2010 Mazdaspeed3

    The Mazda3 has replaced the Honda Civic has the best-selling passenger car in Canada. The model was the best-selling passenger-car in April and is also the top-selling car of the year so far. As for the light-truck side, the Ford F-Series holds on to its top spot.

    Click here for our review of the 2010 Mazda3.

    While Chrysler Canada put out a huge push to increase sales of the Dodge Ram, the F-Series still remains on top by a wide margin. However, Ram pickup sales were up 87.8 percent in April and are up almost 90 percent for 2010.

    Ford’s F-Series was up 24.7 percent while GM’s GMC Sierra and Chevrolet Sivlerado were up almost 25 percent and 23 percent, respectively.

    All around, commercial-use vehicles were up 25.1 percent so far this year.

    Click here for our review of the 2010 Mazdaspeed3.

    Review: 2010 Mazdaspeed3:

    All Photos Copyright © 2010 Omar Rana – egmCarTech.

    – By: Kap Shah

    Source: The Global and Mail


  • Obama on BP oil spill: “I’m fully engaged.” Press conference transcript

    Transcript courtesy of Federal News Service…..

    PRESS CONFERENCE WITH PRESIDENT BARACK OBAMA SUBJECTS INCLUDING GULF OIL SPILL, IMMIGRATION, AFGHANISTAN

    THE WHITE HOUSE, WASHINGTON, D.C.
    12:50 P.M. EDT, THURSDAY, MAY 27, 2010

    PRESIDENT OBAMA: Good afternoon, everybody.

    Before I take your questions, I want to update the American people on the status of the BP oil spill, a catastrophe that is causing tremendous hardship in the Gulf Coast, damaging a precious ecosystem, and one that led to the death of 11 workers who lost their lives in the initial explosion.

    Yesterday the federal government gave BP approval to move forward with a procedure known as a top kill, to try to stop the leak. This involves plugging the well with densely packed mud to prevent any more oil from escaping. And given the complexity of this procedure and the depth of the leak, this procedure offers no guarantee of success; but we’re exploring any reasonable strategies to try and save the Gulf from a spill that may otherwise last until the relief wells are finished, and that’s a process that could take months.

    The American people should know that from the moment this disaster began, the federal government has been in charge of the response effort. As far as I’m concerned, BP is responsible for this horrific disaster, and we will hold them fully accountable on behalf of the United States as well as the people and communities victimized by this tragedy.

    We will demand that they pay every dime they owe for the damage they’ve done and the painful losses that they’ve caused. And we will continue to take full advantage of the unique technology and expertise they have to help stop this leak.

    But make no mistake: BP is operating at our direction. Every key decision and action they take must be approved by us in advance. I’ve designated Admiral Thad Allen, who has nearly four decades of experience responding to such disasters, as the national incident commander. And if he orders BP to do something to respond to this disaster, they are legally bound to do it.

    So, for example, when they said they would drill one relief well to stem this leak, we demanded a backup and ordered them to drill two. And they are in the process of drilling two.

    As we devise strategies to try and stop this leak, we’re also relying on the brightest minds and most advanced technology in the world. We’re relying on a team of scientists and engineers from our own national laboratories and from many other nations, a team led by our Energy secretary and Nobel-Prize-winning physicist, Steven Chu. And we’re relying on experts who’ve actually dealt with oil spills from across the globe, though none this challenging.

    The federal government is also directing the effort to contain and clean up the damage from the spill, which is now the largest effort of its kind in U.S. history. In this case, the federal, state and local governments have the resources and expertise to play an even more direct role in the response effort. And I will be discussing this further when I make my second trip to Louisiana tomorrow.

    But so far we have about 20,000 people in the region who are working around the clock to contain and clean up this oil. We have activated about 1,400 members of the National Guard in four states. We have the Coast Guard on site. We have more than 1,300 vessels assisting in the containment and cleanup efforts.

    We’ve deployed over 3 million feet of total boom to stop the oil from coming onshore. And today, more than 100,000 feet of boom is being surged to Louisiana parishes that are facing the greatest risk from the oil.

    So we’ll continue to do whatever is necessary to protect and restore the Gulf Coast. For example, Admiral Allen just announced that we’re moving forward with a section of Governor Jindal’s barrier- island proposal that could help stop oil from coming ashore. It will be built in an area that is most at risk and where the work can be most quickly completed.

    We’re also doing whatever it takes to help the men and women whose livelihoods have been disrupted and even destroyed by this spill — everyone from fishermen to restaurant and hotel owners. So far, the Small Business Administration has approved loans and allowed many small businesses to defer existing loan payments. At our insistence, BP is paying economic-injury claims. And we’ll make sure that, when all is said and done, the victims of this disaster will get the relief that they are owed. We’re not going to abandon our fellow citizens. We’ll help them recover, and we will help them rebuild.

    And in the meantime, I should also say that Americans can help by continuing to visit the communities and beaches of the Gulf Coast. I was talking to the governors just a couple of days ago, and they wanted me to remind everybody that, except for three beaches in Louisiana, all of the Gulf’s beaches are open, they are safe and they are clean.

    Now, as we continue our response effort, we’re also moving quickly on steps to ensure that a catastrophe like this never happens again. I’ve said before that producing oil here in America is an essential part of our overall energy strategy. But all drilling must be safe. In recent months, I’ve spoken about the dangers of too much — I’ve heard people speaking about the dangers of too much government regulation. And I think we can all acknowledge there have been times in history when the government has overreached.

    But in this instance, the oil industry’s cozy and sometimes corrupt relationship with government regulators meant little or no regulation at all.

    When Secretary Salazar took office, he found a Minerals and Management Service that has been plagued by corruption for years. This was the agency charged with not only providing permits but also enforcing laws governing oil drilling. And the corruption was underscored by a recent inspector general’s report that covered activity which occurred prior to 2007, a report that can only be described as appalling. And Secretary Salazar immediately took steps to clean up that corruption.

    But this oil spill has made clear that more reforms are needed. For years there’s been a scandalously close relationship between oil companies and the agency that regulates them. That’s why we’ve decided to separate the people who permit the drilling from those who regulate and ensure the safety of the drilling.

    I also announced that no new permits for drilling new wells will go forward until a 30-day safety and environmental review was conducted. That review is now complete. Its initial recommendations include aggressive new operating standards and requirements for offshore energy companies, which we will put in place.

    Additionally, after reading the report’s recommendations with Secretary Salazar and other members of my administration, we’re going to be ordering the following the actions.

    First, we will suspend the planned exploration of two locations off the coast of Alaska.

    Second, we will cancel the pending lease sale in the Gulf of Mexico and the proposed lease sale off the coast of Virginia.

    Third, we will continue the existing moratorium and suspend the issuance of new permits to drill new deepwater wells for six months.

    And four, we will suspend action on 33 deepwater exploratory wells currently being drilled in the Gulf of Mexico.

    What’s also been made clear from this disaster is that for years, the oil and gas industry has leveraged such power that they have effectively been allowed to regulate themselves.

    One example: Under current law, the Interior Department has only 30 days to review an exploration plan submitted by an oil company. That leaves no time for the appropriate environmental review. The result is, they’re continually waived.

    And this is just one example of a law that was tailored by the industry to serve their needs instead of the public’s. The Congress needs to address these issues as soon as possible. And my administration will work with them to do so.

    Still, preventing such a catastrophe in the future will require further study and deeper reform. That’s why last Friday, I also signed an executive order establishing the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.

    While there are a number of ongoing investigations including an independent review the National Academy of Engineering, the purpose of this commission is to consider both the root causes of the disaster and offer options on what safety and environmental precautions are necessary.

    If the laws on our books are inadequate to prevent such a spill, or if we did not enforce those laws, then I want to know. I want to know what worked and what didn’t work, in our response to the disaster, and where oversight of the oil and gas industry broke down.

    Let me make one final point. More than anything else, this economic and environmental tragedy, and it’s a tragedy, underscores the urgent need for this nation to develop clean, renewable sources of energy.

    Doing so will not only reduce threats to our environment. It will create a new homegrown American industry that can lead to countless new businesses and new jobs.

    We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jump-start a permanent transition to a clean-energy economy. And there is currently a plan in the Senate, a plan that was developed with ideas from Democrats and Republicans, that would achieve the same goal.

    If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China who’ve already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.

    And I’ll close by saying this. This oil spill is an unprecedented disaster. The fact that the source of the leak is a mile under the surface where no human being can go has made it enormously difficult to stop. But we are relying on every resource and every idea, every expert and every bit of technology, to work to stop it. We will take ideas from anywhere, but we are going to stop it.

    And I know that doesn’t lessen the enormous sense of anger and frustration felt by people on the Gulf and so many Americans. Every day I see this leak continue, I am angry and frustrated as well. I realize that this entire response effort will continue to be filtered through the typical prism of politics. But that’s not what I care about right now. What I care about right now is the containment of this disaster and the health and safety and livelihoods of our neighbors in the Gulf Coast. And for as long as it takes, I intend to use the full force of the federal government to protect our fellow citizens and the place where they live. I can assure you of that.

    All right. I’m going to take some questions. I’m going to start with Jennifer Loven.

    Q Thank you, Mr. President. This is on, right?

    PRESIDENT OBAMA: Yeah.

    Q You just said that the federal government is in charge, and officials in your administration have said this repeatedly. Yet how do you explain that we’re more than five weeks into this crisis and that BP is not always doing as you’re asking; for example, with the type of dispersant that’s being used?

    And if I might add one more: To the many people in the Gulf who, as you said, are angry and frustrated and feel somewhat abandoned, what do you say about whether your personal involvement, your personal engagement, has been as much as it should be, either privately or publicly?

    PRESIDENT OBAMA: Well, I’ll take the second question first, if you don’t mind. The day that the rig collapsed and fell to the bottom of the ocean, I had my team in the Oval Office that first day. Those who think that we were either slow on our response or lacked urgency don’t know the facts. This has been our highest priority since this crisis occurred.

    Personally, I’m briefed every day, and have probably had more meetings on this issue than just about any issue since we did our Afghan review. And we understood from day one the potential enormity of this crisis, and acted accordingly.

    So when it comes to the moment this crisis occurred moving forward, this entire White House and this entire federal government has been singularly focused on how do we stop the leak and how do we prevent and mitigate the damage to our coastlines.

    The challenge we have is that we have not seen a leak like this before. And so people are going to be frustrated until it stops, and I understand that. And if you’re living on the coasts and you see this sludge coming at you, you’re going to be continually upset. And from your perspective, the response is going to be continually inadequate until it actually stops. And that’s entirely appropriate, and understandable. But from Thad Allen, our national incident coordinator, through, you know, the most junior member of the Coast Guard, or the under — under — undersecretary of NOAA, or any of the agencies under my charge, they understand this is the single most important thing that we have to get right.

    Now, with respect to the relationship between our government and BP, the United States government has always been in charge of making sure that the response is appropriate. BP, under the Oil Pollution Act of 1990, is considered the responsible party, which basically means they’ve got to pay for everything that’s done to both stop the leak and mitigate the damage. They do so under our supervision, and any major decision that they make has to be done under the approval of Thad Allen, the national incident coordinator.

    So this notion that somehow the federal government is sitting on the sidelines and for the last three or four or five weeks we’ve just been letting BP make a whole bunch of decisions is simply not true.

    What is true is that when it comes to stopping the leak down below, the federal government does not possess superior technology to BP.

    This is something, by the way — going back to my involvement, two or three days after this happened, we had a meeting down in the Situation Room, in which I specifically asked Bob Gates and Mike Mullen, what assets do we have that could potentially help, that BP or other oil companies around the world do not have? We do not have superior technology, when it comes to dealing with this particular crisis.

    Now, one of the legitimate questions that I think needs to be asked is, should the federal government have such capacity? And that’s part of what the role of the commission is going to be, is to take a look and say, do we make sure that a consortium of oil companies pay for specific technology, to deal with this kind of incident when it happens?

    Should that response team that’s effective be under the direct charge of the United States government or a private entity? But for now, BP has the best technology, along with the other oil companies, when it comes to actually capping the well down there.

    Now, when it comes to what’s happening on the surface, we’ve been much more involved in the in situ burns, in the skimming. Those have been happening more or less under our direction. And we feel comfortable about many of the steps that have been taken. There have been areas where there have been disagreements. I’ll give you two examples.

    Initially on this top kill, you know, there were questions in terms of how effective it could be. But also what were the risks involved? Because we’re operating at such a pressurized level, a mile underwater, and at such frigid temperatures that the reactions of various compounds and various approaches had to be calibrated very carefully.

    That’s when I sent Steven Chu down, the secretary of Energy, and he brought together a team — basically, a brain trust, some of the smartest folks we have at the national labs and in academia — to essentially serve as a oversight board with BP engineers and scientists in making calculations about how much mud could you pour down, how fast, without risking potentially the whole thing blowing.

    So in that situation, you’ve got the federal government directly overseeing what BP is doing, and Thad Allen is giving authorization when finally we feel comfortable that the risks of attempting a top kill, for example, are — are sufficiently reduced that it needs to be tried.

    I already mentioned the second example, which is, they wanted to drill one relief well. The experience has been that when you drill one relief well, potentially, you keep on missing the mark. And so it’s important to have two to maximize the speed and effectiveness of a relief well.

    And right now Thad Allen’s down there because I think he and — it’s his view that some of the allocation of boom or other efforts to protect shorelines hasn’t been as nimble as it needs to be. And he said so publicly. And so he will be making sure that in fact the resources to protect the shorelines are there immediately.

    But here — here’s the broad point. There has never been a point during this crisis in which this administration, up and down the line, in all these agencies, hasn’t, number one, understood this was my top priority — getting this stopped and then mitigating the damage — and number two, understanding that if BP wasn’t doing what our best options were, we were fully empowered to instruct them to tell them to do something different.

    And so if you take a look at what’s transpired over the last four to five weeks, there may be areas where there have been disagreements, for example, on dispersants. And these are complicated issues. But overall, the decisions that have been made have been reflective of the best science that we’ve got, the best expert opinion that we have, and have been weighing various risks and various options to allocate our resources in such a way that we can get this fixed as quickly as possible.

    Okay. Jake Tapper.

    Q Thanks, Mr. President.

    PRESIDENT OBAMA: Yeah.

    Q You say that everything that could be done is being done. But there are those in the region and those industry experts who say that’s not true. Governor Jindal obviously had this proposal for a barrier. They say that if that had been approved when they first asked for it, they would have 10 miles up already. There are fishermen down there who want to work, who want to help, haven’t been trained, haven’t been told to go do so. There are industry experts who say that they’re surprised that tankers haven’t been sent out there to vacuum, as was done in ’93 outside Saudi Arabia. And then, of course, there’s the fact that there are 17 countries that have offered to help, and the — it’s only been accepted from two countries, Norway and Mexico.

    How can you say that everything that can be done is being done, with all these experts and all these officials saying that’s not true?

    PRESIDENT OBAMA: Well, let me distinguish between — if the question is, Jake, are we doing everything perfectly out there, then the answer is, absolutely not.

    We can always do better. If the question is, are we, each time there is an idea, evaluating it and making a decision is this the best option that we have right now based on how quickly we can stop this leak and how much damage can we mitigate, then the answer is yes.

    So let’s take the example of Governor Jindal’s barrier islands idea. When I met with him when I was down there two weeks ago, I said I will make sure that our team immediately reviews this idea, that the Army Corps of Engineers is looking at the feasibility of it; and if they think — if they tell me that this is the best approach to dealing with this problem, then we’re going to move quickly to execute. If they have a disagreement with Governor Jindal’s experts as to whether this would be effective or not, whether it was going to be cost-effective given the other things that needed to be done, then we’ll sit down and try to figure that out.

    And that essentially is what happened, which is why today you saw an announcement where, from the Army Corps’ perspective, there were some areas where this might work, but there are some areas where it would be counterproductive and not a good use of resources.

    So the point is, on each of these points that you just mentioned, that the job of our response team is to say, okay, if 17 countries have offered equipment and help, let’s evaluate what they’ve offered, how fast can it get here, is it actually going to be redundant or will it actually add to the overall effort — because in some cases more may not actually be better; and decisions have been made, based on the best information available, that says here’s what we need right now; it may be that a week from now or two weeks from now or a month from now, the offers from some of those countries might be more effectively utilized.

    Now, it’s going to be entirely possible in a operation this large that mistakes are made, judgments prove to be wrong; that people say in retrospect, you know, if we could have done that or we did that, this might have turned out differently — although in a lot of cases, it may be speculation.

    But the point that I was addressing from Jennifer was, does this administration maintain a constant sense of urgency about this? And are we examining every recommendation, and every idea is out there, and making our best judgment as to whether these are the right steps to take, based on the best experts that we know of?

    And on that answer, the answer is yes. Or on that question, the answer is yes.

    Chuck Todd.

    Q I just want to follow up on the question, as it has to do with the relationship between the government and BP. It seems that you’ve made the case on the technical issues.

    But onshore, Admiral Allen admitted the other day in a White House briefing that they needed to be pushed harder. Senator Mary Landrieu this morning said, it’s not clear who’s in charge, that the government should be in charge.

    Why not ask BP to simply step aside on the onshore stuff, make it an entirely government thing? Obviously BP pays for it. But why not ask them to just completely step aside on that front?

    And then also can you respond to all the comparisons that people are making about this with yourself?

    PRESIDENT OBAMA: Well, the — I’ll take your second question first.

    I’ll leave it to you guys to make those comparisons and make — and make — and make judgments on it, because — because what I’m spending my time thinking about is, how do we solve the problem?

    And when the problem is solved and people look back and do an assessment of all the various decisions that were made, I think people can make a historical judgment. And I’m confident that people are going to look back and say that this administration was on top of what was an unprecedented crisis.

    In terms of shoreline protection, the way this thing has been set up, under the oil spill act of 1990 — Oil Pollution Act — is that BP has contracts with a whole bunch of contractors on file, in the event that there’s an oil spill. And as soon as the Deep Horizon (sic) well went down, then their job is to activate those and start paying them. So a big chunk of the 20,000 who are already down there are being paid by BP.

    The Coast Guard’s job is to approve and authorize whatever BP is doing. Now, what Admiral Allen said today, and the reason he’s down there today, is that if BP’s contractors are not moving as nimbly, as effectively, as they need to be, then it is already the power of the federal government to redirect those resources; I guess the point being that the Coast Guard and our military are potentially already in charge, as long as we’ve got good information and we are making the right decisions. And if there are mistakes that are being made right now, we’ve got the power to correct those decisions.

    We don’t have to necessarily reconfigure the setup down there. What we do have to make sure of is, is that on each and every one of the decisions that are being made about what beaches to protect, what’s going to happen with these marshes, if we build a barrier island how’s this going to have an impact on the ecology of the area over the long term — in each of those decisions, we’ve got to get it right.

    Q (Off mike) — you understand the credibility of these teams seems to be so bad that folks on — (off mike) — there’s almost no — (off mike)?

    PRESIDENT OBAMA: Right. I understand. And — and part of the purpose of this press conference is to explain to the folks down in the Gulf that ultimately it is our folks down there who are responsible. If they’re not satisfied with something that’s happening, then they need to let us know, and we will immediately question BP and ask them, why isn’t XYZ happening?

    And those skimmers, those boats, that boom, the people who are out there collecting some of the oil that’s already hit shore, they can be moved and redirected at any point. And — and so understandably people are frustrated, because, look, this is a big mess coming to shore. And even if we’ve got a perfect organizational structure, spots are going to be missed. Oil’s going to go to places that maybe somebody thinks it could have been prevented from going. There’s going to be damage that is heartbreaking to see. People’s livelihoods are going to be affected in painful ways. The best thing for us to do is to make sure that every decision about how we’re allocating the resources that we’ve got is being made based on the best expert advice that’s available.

    So I’ll — I’ll take one last stab at this, Chuck. The problem I don’t think is that BP is off running around doing whatever it wants and nobody’s minding the store. Inevitably, in something this big, there are going to be places where things fall short. But I want everybody to understand today that our teams are authorized to direct BP, in the same way that they’d be authorized to direct those same teams if they were technically being paid by the federal government.

    In either circumstance, we’ve got the authority that we need; we’ve just got to make sure that we’re exercising it effectively.

    All right. Steve — (inaudible surname).

    Q (Off mike.) (Soft laughter.)

    Q (Off mike) — me.

    Q Thank you, sir. On April 21st, Admiral Allen tells us, the government started dispatching equipment rapidly to the Gulf, and you just said, on day one, you recognized the enormity of the situation.

    Yet here we are, 39, 40 days later. You’re still having to rush more equipment, more boom. There are still areas of the coast unprotected. Why is it taking so long? And did you really act from day one for a worst-case scenario?

    PRESIDENT OBAMA: We did. Part of the problem you’ve got is — let’s take the example of boom. The way the plans have been developed — and I’m not an expert on this, but this is as it’s been explained to me — pre-deploying boom would have been the right thing to do, making sure that there’s boom right there in the region at various spots where you could anticipate if there was a spill of this size, the boom would be right there, ready to grab.

    Unfortunately, that wasn’t always the case. And so, you know, this goes back to something that Jake asked earlier. When it comes to the response since the crisis happened, I am very confident that the federal government has acted consistently with a sense of urgency.

    When it comes to prior to this accident happening, I think there was a lack of anticipating what the worst-case scenarios would — would be, and that’s a problem.

    And part of that problem was lodged in MMS and the way that that agency was structured. That was the agency in charge of providing permitting and making decisions in terms of where drilling could take place, but also in charge of enforcing the safety provisions. And as I indicated before, the IG report — the inspector general’s report that came out was scathing in terms of the problems there.

    And when Ken Salazar came in, he cleaned a lot of that up; but more needed to be done and more needs to be done, which is part of the reason why he separated out the permitting function from the functions that involve enforcing the various safety regulations. But I think on a whole bunch of fronts, you had a complacency when it came to what happens in the worst-case scenario.

    I’ll give you another example, because this is something that some of you have written about, the question of how is it that oil companies kept on getting environmental waivers in getting their permits approved.

    Well, it turns out that the way the process works, first of all there is a thorough environmental review as to whether a certain portion of the Gulf should be leased or not. That’s a thoroughgoing environmental evaluation. Then the overall lease is broken up into segments for individual leases, and again there’s an environmental review that’s done.

    But when it comes to a specific company with its exploration plan in that one particular area — you know, they’re going to drill right here in this spot — Congress mandated that only 30 days could be allocated before a yes-or-no answer was given. That was by law. So MS — MMS’s hands were tied.

    And as a consequence, what became the habit predating my administration was, you just automatically gave the environmental waiver because you couldn’t complete an environmental study in 30 days.

    So what you’ve got is a whole bunch of aspects to how oversight was exercised, in deepwater drilling, that were very problematic. And that’s why it’s so important that this commission moves forward and examines, from soup to nuts, why did this happen? How should this proceed in a safe, effective manner? What’s required when it comes to worst-case scenarios, to prevent something like this from happening?

    I continue to believe that oil production is important, domestic oil production is important. But I also believe, we can’t do this stuff if we don’t have confidence that we can prevent crises from — like this from happening again.

    And it’s going to take some time for the experts to make those determinations. And as I said, in the meantime, I think it’s appropriate that we keep in place the moratorium that — that I’ve already issued.

    Okay, Chip Reid.

    Q Thank you, Mr. President.

    First of all, Elizabeth Birnbaum resigned today. Did she resign? Was she fired? Was she forced out? And if so, why? And should other heads roll as we go on here?

    Secondly with regard to the Minerals Management Service, Secretary Salazar yesterday basically blamed the Bush administration for the cozy relationship there.

    And you seemed to suggest that when you spoke in the Rose Garden a few weeks ago when you said, for too long, a decade or more — most of those years, of course, the Bush administration — there’s been a cozy relationship between the oil companies and federal agency that permits them to drill.

    But you knew as soon as you came in, and Secretary Salazar did, about this cozy relationship. But you continued to give permits — some of them under questionable circumstances. Is it fair to blame the Bush administration? Don’t you deserve some of that?

    PRESIDENT OBAMA: Well — well, let — let me just make the point that I made earlier, which is, Salazar came in and started cleaning house, but the culture had not fully changed in MMS. And absolutely, I take responsibility for that. There — there wasn’t sufficient urgency in terms of the pace of how those changes needed to take place.

    There is no evidence that some of the corrupt practices that had taken place earlier took place under the current administration’s watch, but a culture in which oil companies were able to get what they wanted, without sufficient oversight and regulation, that was a real problem. Some of it was constraints of the law, as I just mentioned. But we should have busted through those constraints.

    Now, with respect to Ms. Birnbaum, I found out about her resignation today. Ken Salazar had been in testimony throughout the day, so I don’t know the circumstances in which this occurred.

    I can tell you what I’ve said to Ken Salazar, which is that we have to make sure, if we are going forward with domestic oil production, that the federal agency charged with overseeing its safety and security is operating at the highest level. And I want people in there who are operating at the highest level, and aren’t making excuses when things break down, but are intent on fixing them. And I am confident that Ken Salazar can do that.

    Q And his job is (safe ?)?

    PRESIDENT OBAMA: Yes.

    Julianna.

    Q Thank you, Mr. President. We’re learning today that the oil has been gushing as much as five times the initial estimates. What does that tell you and the American people the — about the extent to which BP can be trusted on any of the information that it’s providing, whether the events leading up to this spill, any of their information?

    PRESIDENT OBAMA: Right. Well, BP’s interests are aligned with the public interest to the extent that they want to get this well capped. It’s bad for their business; it’s bad for their bottom line. They’re going to be paying a lot of damages, and we’ll be staying on them about that.

    So I think it’s fair to say that they want this thing capped as badly as anybody does. And they want to minimize the damage as much as they can.

    I think it is a legitimate concern to question whether BP’s interests in being fully forthcoming about the extent of the damage is aligned with the public interest. I mean, they — their interest may be to minimize the damage and, to the extent that they have better information than anybody else, to not be fully forthcoming.

    So my attitude is, we have to verify whatever it is they say about the damage.

    This is an area, by the way, where I do think our efforts fell short. And I’m not contradictoring (sic) my prior point that people were working as hard as they could and doing the best that they could on this front. But I do believe that, when the initial estimates came, that there were — it was 5,000 barrels spilling into the ocean per day.

    That was based on satellite imagery and satellite data that would give a rough calculation.

    At that point, BP already had a camera down there but wasn’t fully forthcoming in terms of what did those pictures look like, and when you set it up in time lapse photography, experts could then make a more accurate determination.

    The administration pushed them to release it, but they should have pushed them sooner. I mean, I think that it took too long for us to stand up our flow tracking group that — that has now made these more accurate ranges of calculation.

    Now keep in mind that that didn’t change what our response was. As I said from the start, we understood that this could be really bad. We’re hoping for the best but preparing for the worst.

    And so there aren’t steps that we would have taken in terms of trying to cap the well or skimming the surface or the in situ burns or preparing to make sure when this stuff hit shore that we could minimize the damage. All those steps would have been the same even if we had information that this flow was coming out faster.

    And eventually we would have gotten better information because by law the federal government, if it’s going to be charging BP for the damage that it causes, is going to have to do the best possible assessment.

    But there was a lag of several weeks that I think — that I think shouldn’t have happened.

    Okay. Helen Thomas.

    Q Mr. President, when are you going to get out of Afghanistan? Why are we continuing to kill and die there? What is the real excuse? And don’t give us this Bushism, if we don’t go there, they’ll all come here.

    PRESIDENT OBAMA: Well, Helen, the reason we originally went to Afghanistan was because that was the base from which attacks were launched that killed 3,000 people —

    Q That’s not what — (off mike).

    PRESIDENT OBAMA: And — I’m — I’m going to get to your question, I promise. But I just want to remind people we went there because the Taliban was harboring al Qaeda, which had launched an attack that killed 3,000 Americans. Al Qaeda escaped capture, and they set up in the border regions between Pakistan and Afghanistan. Al Qaeda has affiliates that not only provide them safe harbor but increasingly are willing to conduct their own terrorist operations, initially in Afghanistan and in Pakistan, but increasingly directed against Western targets, and targets of our allies as well.

    So it is absolutely critical that we dismantle that network of extremists that are willing to attack us. And they are currently —

    Q (Off mike) — to us?

    PRESIDENT OBAMA: Oh — well, they absolutely are a threat to us. They’re a significant threat to us. I wouldn’t be deploying young men and women into harm’s way if I didn’t think that they were an absolute threat to us.

    Now, General McChrystal’s strategy, which I think is the right one, is that we are going to clear out Taliban strongholds; we are going to strengthen the capacity of the Afghan military; and we are going to get them stood up in a way that allows us then to start drawing down our troops but continuing to provide support for Afghan — in its effort to create a stable government.

    It is a difficult process. At the same time, we’ve also got to work with Pakistan so that they are more effective partners in dealing with the extremists that are within their borders.

    And it is a big, messy process, but we are making progress in part because the young men and women under General McChrystal’s supervision, as well as our coalition partners, are making enormous sacrifices, but also on the civilian side we’re starting to make progress in terms of building capacity that will allow us then to draw down within an effective partner.

    Okay. Jackie Calmes, New York Times.

    Q Thank you, Mr. President. Is this on? Okay.

    I want to follow up on something — exchange you had with Chip. Leaving aside the existing permits for drilling in the Gulf, before — weeks before BP, you had called for expanded drilling. Do you now regret that decision? And why did you do so, knowing what you have described today about the sort of dysfunction in the MMS?

    PRESIDENT OBAMA: I continue to believe what I said at that time, which was that domestic oil production is an important part of our overall energy mix. It has to be part of an overall energy strategy.

    I also believe that is insufficient to meet the needs of our future, which is why I’ve made huge investments in clean energy, why we continue to promote solar and wind and biodiesel and a whole range of other approaches, why we’re putting so much emphasis on energy efficiency.

    But we’re not going to be able to transition to these clean- energy strategies right away.

    I mean, we’re still years off and some technological breakthroughs away from being able to operate on purely a clean-energy grid.

    During that time, we’re going to be using oil. And to the extent that we’re using oil, it makes sense for us to develop our oil and natural gas resources here in the United States and not simply rely on imports.

    That’s important for our economy. That’s important for economic growth. So the overall framework — which is to say, domestic oil production should be part of our overall energy mix — I think continues to be the right one. Where I was wrong was in my belief that the oil companies had their act together when it came to worst- case scenarios.

    Now, that wasn’t based on just my blind acceptance of their statements. Oil drilling has been going on in the gulf, including deepwater, for quite some time. And the record of accidents like this, we hadn’t seen before.

    But it just takes one for us to have a wakeup call and recognize that claims that failsafe procedures were in place, or that blowout preventers would function properly, or that valves would switch on a shut things off — that whether it’s because of human error, because the technology was faulty, because when you’re operating at these depths, you can’t anticipate exactly what happens, those assumptions proved to be incorrect.

    And so I’m absolutely — I’m absolutely convinced that we have to do a thoroughgoing scrub of that — that — those safety procedures and those safety records.

    And we have to have confidence that, even if it’s just a one-in-a- million shot, that we’ve got enough technology know-how that we can shut something like this down, not in a month, not in six weeks, but in two or three or four days. And I don’t have that confidence right now.

    Q If I could follow up?

    PRESIDENT OBAMA: Sure.

    Q Do you — are you sorry now? Do you regret that your team had not done the reforms at the Minerals Management Service that you’ve subsequently called for?

    And I’m also curious as — how it is that you didn’t know about Ms. Birnbaum’s resignation/firing before —

    PRESIDENT OBAMA: Well, you’re assuming it was a firing. If it was a resignation, then she would have submitted a letter to Mr. Salazar this morning, at a time when I had a whole bunch of other stuff going on.

    Q So you rule out that she was fired?

    PRESIDENT OBAMA: I’m — (laughs) — Jackie, I don’t know. I’m telling you the — I found out about it this morning, so I don’t yet know the circumstances. And Ken Salazar’s been in testimony on the Hill.

    With respect to your first question, at MMS, Ken Salazar was in the process of making these reforms. But the point that I’m making is, is that, obviously, they weren’t happening fast enough. If they had been happening fast enough, this might have been caught.

    Now, it’s possible that it might not have been caught. All right? I mean, we could have gone through a whole new process for environmental review, you could have had a bunch of technical folks take a look at BP’s plans, and they might have said, “This is — meets industry standards.

    We haven’t had an accident like this in 15 years, and we should go ahead.” That’s what this commission has to discover, is — you know, was this a systemic breakdown? Is this something that could happen once in a million times? Is it something that could happen once in a thousand times or once every 5,000 times? You know, what exactly are the risks involved?

    Now let me make one broader point, though, about energy. The fact that oil companies now have to go a mile underwater and then drill another three miles below that in order to hit oil tells us something about the direction of the oil industry. Extraction is more expensive, and it is going to be inherently more risky.

    And so that’s part of the reason you never heard me say, “Drill, baby, drill,” because we can’t drill our way out of the problem. It may be part of the mix as a bridge to a transition to new technologies and new energy sources, but we should be pretty modest in understanding that the easily accessible oil has already been sucked up out of the ground. And as we are moving forward, the technology gets more complicated, the oil sources are more remote, and that means that there’s probably going to end up being more risk. And we as a society are going to have to make some very serious determinations in terms of what risks are we willing to accept, and that’s part of what the commission, I think, has to — is going to have to look at.

    I will tell you, though, that understanding we need to grow, we — we’re going to be consuming oil in term — for our industries and for how people live in this country, we’re going to have to start moving on this transition.

    And that’s why, when I went to the Republican caucus just this week, I said to them, let’s work together. You’ve got Lieberman and Kerry — who previously were working with Lindsey Graham, even though Lindsey’s not on the bill right now — coming up with a framework that has the potential to get bipartisan support and says, yes, we’re going to still need oil production, but you know what, we can see what’s out there on the horizon.

    And it’s — it’s a problem if we don’t start changing how we operate.

    Okay. Macarena Vidal. Not here? Oh, there you are.

    Q Mr. President, you announced — or the White House announced on — two days ago that you were going to send 1,200 people to — 1,200 members of the National Guard to the border. I wanted to — if you could — precise what their target is going to be, what you’re planning to achieve with that, if you could clarify a bit more the mission that they’re going to have. And also, on Arizona, after you have been — criticized so much the immigration law that has been approved there, would you support the boycott that some organizations are calling towards that state?

    PRESIDENT OBAMA: Okay. I’ve indicated that I don’t approve of the Arizona law. I think it’s the wrong approach. I understand the frustrations of the people of Arizona and a lot of folks along the border that that border has not been entirely secured in a — in a way that is both true our — to our traditions as a nation of law and as a nation of immigrants.

    You know, I’m the president of the United States. I don’t endorse boycotts or not endorse boycotts. That’s something that the private citizens can make a decision about.

    What my administration is doing is examining very closely this Arizona law and its implications for the civil rights and civil liberties of the people in Arizona, as well as the concern that you start getting a patchwork of 50 different immigration laws around the country, in an area that is inherently the job of the federal government.

    Now, for the federal government to do its job, everybody has got to step up. And so I tried to be as clear as I could this week. And I will repeat it to everybody who’s here.

    We have to have a comprehensive approach to immigration reform. The time to get moving on this is now. And I am prepared to work with both parties and members of Congress, to get a bill that does a good job securing our borders, holds employers accountable, makes sure that those who have come here illegally have to pay a fine, pay back taxes, learn English and get right by the law.

    We have the opportunity to do that. We’ve done — we’ve gotten a vote of a supermajority in the Senate just four years ago. There’s no reason why we shouldn’t be able to recreate that bipartisan spirit, to get this problem solved.

    Now, with respect to the National Guardsmen and women, you know, I have authorized up to 1,200 National Guardspersons, in a plan that was actually shaped last year.

    So this not simply in response to the Arizona law.

    And what we find is, is that National Guardspersons can help on intelligence, dealing with both drug and human trafficking along the borders. They can relieve border guards so that the border guards then can be in charge of law enforcement in those areas. So there are a lot of functions that they can carry out that helps leverage and increase the resources available in this area.

    By the way, we didn’t just send National Guard; we’ve also got a package of $500 million in additional resources because, for example, if we are doing a better job dealing with trafficking along the border, we’ve also got to make sure that we’ve got prosecutors down there who can prosecute those cases.

    But that the key point I want to emphasize to you is that I don’t see these issues in isolation. We’re not going to solve the problem just solely as a consequence of sending National Guard troops down there. We’re going to solve this problem because we have created an orderly, fair, humane immigration framework in which people are able to immigrate to this country in a legal fashion, employers are held accountable for hiring legally present workers.

    And I think we can craft that system if everybody’s willing to step up. And I told the Republican Caucus when I met with them this week, I don’t even need you to meet me halfway; meet me a quarter of the way. I’ll bring in the majority of Democrats to a smart, sensible, comprehensive immigration reform bill, but I’m going to have to have some help, given the rules of the Senate, where a simple majority’s not enough.

    Okay. Last question, Major.

    Q Thank you, Mr. President. Good afternoon.

    PRESIDENT OBAMA: Good afternoon.

    Q Two issues. Some in your government have said the federal government’s boot is on the neck of BP. Are you comfortable with that imagery, sir? Is your boot on the neck of BP? And can you understand, sir, why some in the Gulf who feel besieged by this oil spill consider that a meaningless, possibly ludicrous, metaphor?

    Secondarily, can you tell the American public, sir, what your White House did or did not offer Congressman Sestak to not enter the Democratic senatorial primary? And how will you meet your levels of expressed transparency and ethics to convey that answer to satisfy what appear to be bipartisan calls for greater disclosure about that matter? Thank you.

    PRESIDENT OBAMA: The — there will be an official response shortly on the Sestak issue —

    Q From you?

    PRESIDENT OBAMA: — which I hope will answer your questions.

    Q From you, sir?

    PRESIDENT OBAMA: You will get it from my administration, so — and it will — it will be coming out — when I say shortly, I mean shortly. I don’t mean weeks or months. With respect to the first —

    Q Can you assure the public it was ethical and legal, sir?

    PRESIDENT OBAMA: I can assure the public that nothing improper took place. But as I said, there will be a response shortly on that issue.

    You know, with respect to the metaphor that was used, you know, I think Ken Salazar would probably be the first one to admit that he has been frustrated, angry, and occasionally emotional about this issue — like a lot of people have. I mean, there are a lot of folks out there who see what’s happening and are angry at BP, are frustrated that it hasn’t stopped. And so, you know, I’ll let Ken answer for himself.

    I would say that, you know, we don’t need to use language like that; what we need is actions that make sure that BP is being held accountable.

    And that’s what I intend to do, and I think that’s what Ken Salazar intends to do.

    But look, we’ve gone through a difficult year and a half. This is just one more bit of difficulty. And this is going to be hard, not just right now; it’s going to be hard for months to come. The Gulf — this spill — the Gulf is going to be affected in — in a bad way.

    And so my job right now is just to make sure that everybody in the Gulf understands this is what I wake up to in the morning and this is what I go to bed at night thinking about — the spill. The — and it’s not just me, by the way. You know, when I woke up this morning, and I’m shaving, and Malia knocks on my bathroom door and she peeks in her head and she says, “Did you plug the hole yet, Daddy?” — (soft laughter) — because I think everybody understands that, you know, when we are fouling the Earth like this, it has concrete implications not just for this generation but for future generations.

    I grew up in Hawaii, where the ocean is sacred. And when you see birds flying around with — with oil all over their feathers and turtles dying and — you know, that’s — that doesn’t just speak to the immediate economic quences (sic) — consequences of this; this speaks to, you know, how are we caring for this incredible bounty that we have?

    And so, you know, sometimes when I hear folks down in Louisiana expressing frustrations, I may not always think that their comments are fair.

    On the other hand, I probably think to myself, you know, these are folks who grew up, you know — you know, fishing in these wetlands and, you know, seeing this as an integral part of who they are. And to see that messed up in this fashion would be infuriating.

    So the thing that the American people need to understand is that not a day goes by where the federal government is not constantly thinking about, how do we make sure that we minimize the damage on this, we close this thing down, we review what happened, to make sure that it does not happen again?

    And in that sense, you know, there are analogies to what’s been happening in terms of, you know, in the financial markets and some of these other areas, where big crises happen. It forces us to do some soul searching. And I think that’s important for all of us to do.

    In the meantime, my job is to get this fixed. And in case anybody wonders — in any of your reporting, in case you’re wondering who’s responsible, I take responsibility. It is my job to make sure that everything is done to shut this down.

    That doesn’t mean it’s going to be easy. It doesn’t mean it’s going to happen right away or the way I’d like it to happen. It doesn’t mean that we’re not going to make mistakes. But there shouldn’t be any confusion here. The federal government is fully engaged, and I’m fully engaged.

    All right, thank you very much, everybody.

    END.

  • The Smart Value of Dumb Money for Startups

    Coming off the TechCrunch Disrupt conference this week, one of the interviews that sticks out most in my mind was that of Yuri Milner, CEO of the Russian Internet holding company Digital Sky Technologies, by veteran TV host Charlie Rose. Milner has quickly made a name for himself by investing hundreds of millions of dollars in hot tech properties Facebook, Zynga and Groupon. But it didn’t seem like Milner had any sort of overarching philosophy, agenda or insight into the technology market.

    The only observation he offered that struck me as novel was to measure a company by dividing the age of its founder by its estimated market cap. For Facebook, Milner said, that ratio is close to one, as Mark Zuckerberg is 26 years old and the company is worth $25-$26 billion, in Milner’s opinion. “So for every year of his life Mark Zuckerberg was producing $1 billion of value,” he said. But while Groupon’s CEO is also under 30, Zynga’s Mark Pincus has been around for more than a few decades — so this doesn’t really describe a consistent investment theory. (Maybe Milner was hoping he’ll be able to get a stake in ChatRoulette and its teenage founder to offset his mean age?)

    When Rose asked who his biggest influences were, Milner named Zuckerberg, Pincus, Kleiner Perkins VC John Doerr and Accel VC Jim Breyer, calling them “the smartest people I’ve ever met.” Frankly, I was surprised. I mean, obviously, these are some of the leading thinkers and doers in technology. But to me this seemed a little light — after all, Milner invested in Facebook a year ago today, and wasn’t a significant adviser to the company before then. Shouldn’t he have some deeper and less clubby mentors or models?

    By playing dumb, Milner is making some of the smartest investments possible. It doesn’t serve him to go up on stage and wax about the “third wave of innovation” like Doerr had done before him. Taking a respectful back seat while providing money to allow startups to operate freely, cash out employees and avoid going public — “one to three years of run to really focus on product,” he said — is a valuable and effective approach. It’s how a virtual unknown gets a stake in these companies, unlike Twitter’s last massive round, which came from the likes of Morgan Stanley and T. Rowe Price .

    Still, if Milner is ever going to get a return on this investments, the IPO market has to come back. So it’s a matter of biding his time. Banker Frank Quattrone said at the conference that the public market is hungry for “category-defining, earth-shaking companies,” and cited Facebook, Twitter, Zynga, LinkedIn and Skype as examples.

    But for many entrepreneurs, private funding isn’t the dumbest of dumb money. “We all know what Wall Street’s values are,” said Etsy CEO Rob Kalin on a panel Wednesday. “I don’t want those people owning my company.”



    Atimi: Software Development, On Time. Learn more about Atimi »

  • Report: House committee passes bill requiring black boxes, brake overide systems

    Filed under: ,

    A massive auto safety overhaul bill has made its way out of committee and onto the floor of the House of Representatives for voting. According to Automotive News, the biggest changes that the bill proposes is the mandatory addition of black boxes and brake override mechanisms to all new cars and trucks. The event-data recorders would track information shortly before and after an accident for a specified period of time in order to help investigators determine the cause of an accident. Legislators and manufacturers alike began to push for the recorders in the wake of multiple accidents associated with Toyota’s unintended acceleration woes.

    Originally, the bill would have required the black boxes to record data for a total of 75 seconds, though the House Energy and Commerce committee changed the legislation to allow the National Highway Transportation Safety Administration to determine the length. The bill also deals with regulations concerning pushbutton starts, pedal placement and a number of other auto-safety issues. If the bill passes the House of Representatives, it will be sent to the Senate for a final vote before becoming law.

    [Source: Automotive News – sub. req.]

    Report: House committee passes bill requiring black boxes, brake overide systems originally appeared on Autoblog on Thu, 27 May 2010 13:30:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Here Is David Einhorn’s Full Presentation On How We, Not Our Grandchildren, Are The Ones Who Are Going To Pay For This Crisis

    Hedge fund manager David Einhorn’s op-ed in the New York Times this morning details how the imminent crisis we’re about to experience will not be the burden of our granchildren, but us instead.

    Now we have the full presentation Einhorn made to the Ira Sohn conference to back up his beliefs.

    Big thanks to Market Folly for finding it and posting it:



    David-Einhorn-Ira-Sohn-Presentation-2010

    Join the conversation about this story »

  • Tylenol Cases Enter FDA Crime Division

    Johnson & Johnson faces possible criminal liability for the contaminated products, like Tylenol, coming from its division McNeil Consumer Healthcare.

    William Weldon got the invitation to attend Thursday’s hearing with the House Committee on Oversight and Government Reform with some FDA officials but the J&J CEO did not commit due to his health issues.

    Worldwide chairman for J&J, Colleen Goggins gave her testimonies pertaining to the recalls that severely marred J&J’s reputation as safe products especially for newborns. She has particularly spoken about the May 1 incident, which she claims is a precaution to the presence of “tiny particles” in the content which she assures to be non-hazardous. On top of that, Goggins also defended McNeil on issues showing that excess acetaminophen or bacteria can never pass through its quality inspection.

    On the latest count, there are at least 775 grave side effects cases submitted to FDA involving McNeil products. Even 30 cases of death are blamed on these medicines. Johnson & Johnson has already suspended the production of the McNeil site but these complaints are already hunting them down.

    Customers’ complaint began in 2008 but it was only in September of 2009 when McNeil started to recall several Tylenol items that are mostly for infants and children.

    Related posts:

    1. FDA criticized Johnson & Johnson’s Tylenol plant
    2. McNeil and Johnson & Johnson under investigation
    3. Tylenol Recall 2010 by McNeil Consumer Healthcare

  • The Unbearable Triteness Of Hating

    After three years doing this blog a wearisome predictability in types of hate becomes apparent. The unoriginal uniformity of the hate is its most intriguing feature, as it makes one wonder whether humans come preinstalled with mindware that executes in scripted patterns when certain sensitive buttons are pushed, or if the haters all gather in a secret Hatesonic Temple under the Capitol building to agree upon an approved suite of category hateration.

    In the interest of advancing a sociological experiment for the benefit of my amusement alone, I’ve made a compendium of the typical incantations of hate directed at game and at those of us, like yer ‘umble narrator, who preach the Good Word of Game. Below each hate archetype I’ve helpfully included my mischievously glib responses to illustrate the empty-headedness of the hate.

    1. “Bitter Beta” Hate

    Hater: You are a bitter misogynist.

    Translation: Your words make me weep from every pore.

    2. Expectation Bias Hate

    Hater: No one who writes the horrible things you do could possibly do well with women.

    Back in Genghis Khan’s day, haters were known to remark “no one who crushes as many enemies as you do could possibly do well with women.”

    3. Moving the Alpha Goalposts Hate

    Hater: A real alpha male would be married and raising children as his legacy.

    Alphaness required to marry the typical girl and knock her up: minimal.

    Alphaness required to avoid the raw deal of marriage and the fun-hindering ballast of children while enjoying the love of many women in long term relationships: sniff my jock strap!

    4. StrawHate

    Hater: You argue a false alpha/beta dichotomy.

    What part of dregs –> lesser omega –> greater omega –> lesser beta –> beta –> greater beta –> lesser alpha –> alpha –> super alpha don’t you understand? (Please note the date stamp of that post.)

    5. Etymology Hate

    Hater: Your definition of an alpha male is false. In the animal kingdom, the alpha male is leader of the pack, not a cad/badboy/jerk who pumps and dumps women.

    Isn’t it just like a nerd to get hysterical over the appropriation of a narrow-sense scientific term to conveniently illustrate broader truths about men and women.

    6. Unironic Internet Smear Hate

    Hater: Alphas don’t blog. They’re too busy meeting women.

    Because, you know, alphas don’t have hobbies. *alpha eye roll*

    ps feel free to log off the internet any time.

    7. The Political is Personal Hate

    Hater: A true alpha lives the life, and does not neurotically obsess about his status on an internet blog.

    Other than in a facetious fashion, I don’t think I’ve ever written about my own status, neurotically or otherwise, on this blog. Instead, I simply speak the truth about the world as it is, and give advice about attracting women that has worked for me and many other men. People who are offended by that decide I must be revealing my inner neuroses and obsessions, for any other explanation would surely pucker their sphincters. These people are best suited for careers as buttplug testers.

    8. False Premises Hate

    Hater: Yeah, sure, game works well for picking up low self-esteem bar skanks.

    A great deal of hate is fueled by false premises. Concocting convenient scenarios, imagining the worst of your enemies, and reinterpreting their successes are a salve for the burned ego. Newsflash: your thin-skinned indignation is not my moral crisis.

    9. Lifestyle Critique Hate

    Hater: You live an empty existence if all you do is have one night stands with sluts.

    Some people imagine that because I write about seducing women that must mean I strictly counsel avoiding long term loving relationships in favor of purely physical short term flings. These people are wrong. But they knew that. Of course, that doesn’t mean there’s something wrong with the occasional no muss no fuss empty sexual encounter.

    10. Gay Love For John Wayne Hate

    Hater: If you’re not a leader of men, you’re not an alpha.

    I’m sure every male celebrity and emo punk singer drowning in pussy is crying bitter tears that he does not have the alpha imprimatur of Real Men of Stoicism bootlickers like yourself.

    11. Rape Hate

    Hater: Rape! Rapety-rape!

    When all you have is a desiccated, dusty muff, the whole world looks like an unwelcome phallus.

    12. Fallacy of Misdirected Obsession Hate

    Hater: A guy who spends his life obsessing over how to get women is a loser.

    A guy who spends his life obsessing over climbing the corporate ladder to get more attention from women is a loser.
    A guy who spends his life obsessing over mastering guitar and playing in a rock band to get more attention from women is a loser.
    A guy who spends his life obsessing over pursuing financial rewards and acquiring resources to get more attention from women is a loser.
    A guy who….. ah, you get the point.

    13. Fallacy of the Natural Hate

    Hater: Naturals get women because they aren’t trying to get them.

    After many years of practice, I’m sure it looked like Beethoven wasn’t trying when he played piano.
    Or: A natural is simply a man whose game is internalized, but the tactics remain the same.

    14. Just Be Yourself Hate

    Hater: Game is fake.

    Game is no less fake than any other self-improvement pursuit to which a man might set himself in order to move upward from his natural inertial state.

    15. Victimology Hate

    Hater: You’re using game to manipulate woman and control their minds.

    In other news, losing 20 pounds was discovered to grant formerly chubby girls strange hypnotic powers over the minds of men. Feeling manipulated, men took to the streets en masse to demand relief from their attraction to these newly slender girls.

    16. Dancing Monkey Hate

    Hater: Men who run game are just doing the bidding of women. Alphas don’t entertain women.

    If you want success with women, you are going to have to entertain them… one way or the other. The same is true of women. Once a woman stops entertaining men with her body, her femininity, and her commitment worthiness by getting fat, old, ugly, bitchy, or single mom-y, she stops having success with men. We are all doing the bidding of our biomechanical overlord, and on our knees to his will we surrender, by force or by choice. You fool yourself if you believe you have some plenary indulgence from this stark reality.
    Or: If you can’t beat ‘em, join ‘em.

    17. Voyeur Hate

    Hater: You’re lying about the women you’ve had. Where are the photos?

    I remember having a conversation with a buddy about this, where I mused aloud about what delicious fun it would be if I went nuclear and posted on this blog erotic jpegs of the women I’ve been with (hi blogger chicks!) over the past three years, (excepting those lovely ladies whose privacy I value more than the others), just to enjoy the exquisite paroxysms of cognitive dissonance that would rattle the souls of the haters who have spent so much mental energy comforting themselves with caricatures of me. He said not to bother. He explained that I could have pics of me facialing a slew of cuties and the haters would still find some excuse for not believing their own eyes. In other words, haters gon’ hate. Let them stew.

    Filed under: The Id Monster, Tool Time

  • Obama on BP oil spill: administration “on top” of crisis

    WASHINGTON–President Obama, in a rare press conference his team called for him to lay out the administration response to the BP oil spill, said Thursday his administration fell short in anticipating the tragic consequences of a major off shore drilling accident.

    “And — and part of the purpose of this press conference is to explain to the folks down in the Gulf that ultimately it is our folks down there who are responsible,” Obama said, addressing critics who say his administration has not taken firm charge of the effort to cap the drill.

    In a 63 minute East Room session–with an 11 minute opening statement–Obama took responsibility for the disaster, triggered by an April 20 explosion–but rejected any comparisons to the slow Bush administration government response to Hurricane Katrina.

    “And when the problem is solved and people look back and do an assessment of all the various decisions that were made, I think people can make a historical judgment. And I’m confident that people are going to look back and say that this administration was on top of what was an unprecedented crisis.”

  • Lost Planet 2 gets a new and an old map next week

    Lost Planet 2 is getting its second multiplayer map pack next week. Included in Map Pack #2 are the Dockyard Battle and Frozen Wasteland maps. Better have your five bucks ready if you want ’em.

  • Criminal Charges Are Possible For Tylenol Recall Scandal

    CNN is reporting that the FDA has referred the Tylenol recall case to their criminal division for investigation. At issue is a pattern of non-compliance with FDA warnings and failures by management of McNeil to investigate and provide a timely resolution to serious problems with the product. These problems include excess amounts of the active ingredient in Tylenol, acetaminophen.

    At a House hearing today the Food and Drug Administration discussed “significant violations” of manufacturing regulations by McNeil Consumer Healthcare, says CNN.

    During the hearing Rep. Darrell Issa, R-CA, asked a FDA official whether there was criminal liability as a result of the recalls.

    From CNN:

    “Well, it has been referred to the FDA’s crime division,” said Deborah Autor, a director at the FDA’s compliance office.

    “I’m going to take that as a yes, that there are potential criminal charges and indictments,” Issa responded.

    The FDA is currently investigating 775 reports of serious side effects from recalled McNeil products.

    Tylenol recalls referred to FDA crime division [CNNMoney]

  • Fieldrunners now available for Windows Mobile – Tower Defence at its best!

    The hit tower defence game is now available on Windows Mobile.  Defend your turf by strategically constructing towers that combat wave after wave of enemy attacks.

    The Fieldrunners will be relentless as they swarm you with soldiers, military vehicles, and helicopters. Construct your towers strategically to maximize the impact of your defences against countless land and air attacks. Upgrade your existing towers. Preserve your cash to buy more powerful weapons.

    Do you have what it takes to stop the Fieldrunners?

    Buy Fieldrunners for only £4 from Handmark here.


  • Clinton: Who’s Afraid of a Multipolar World?

    In 2002, the National Security Strategy issued by George W. Bush expressly precluded the United States from allowing a new superpower to develop. Speaking today at the Brookings Institution to officially unveil President Obama’s National Security Strategy, Secretary of State Hillary Rodham Clinton dismissed the idea that the U.S. had anything to fear from a “multipolar” world of new great powers like China or India.

    Smirking a bit, Clinton, just back from a trip to Southeast Asia, acknowledged that “some” believe that a multipolar world “undercuts American power and leadership.” But she said that was simplistic. “We’re seeking to gain partners in pursuing American interests, and we happen to think those interests coincide with universal” aspirations, Clinton said. The alternative approach of demanding foreign nations cooperate with the U.S. is a nonstarter. ”We can’t begin a conversation with someone by saying, ‘Here are the ten things you need to do to be a responsible stakeholder,’” Clinton said when challenged by a former U.S. ambassador, Martin Indyk, on how to persuade sometimes recalcitrant nations that U.S. interests overlap with their own interests.

    Several days’ worth of far-ranging dialogue with the Chinese government on energy security and China’s development role in Africa, Asia and Latin America, she said, contributed to her endorsement of the National Security Strategy’s rules-based internationalism. “The sum of the parts add up to a strong endorsement of American leadership,” she said.

  • Obama: “The promise of the clean economy is not an article of faith. It’s here.”

    Remember Bill Clinton’s moment in the '92 campaign when he addressed a factory full of workers in New Hampshire about the new economic reality for manufacturing jobs and what it means for the future of our country? (John Travolta recaptured the moment in Primary Colors…ringing any bells?) It was Clinton at his best: direct, empathetic and visionary. 
     
    President Barack Obama had his similar moment yesterday. The scene was a cavernous new manufacturing plant that will produce Solyndra’s advanced technology solar panels. Huge manufacturing floor, bright lights, giant American flag draped stage left. The crowd of a few hundred included construction workers who built the plant, Solyndra employees that will be building the panels and an array of local officials.

    My visual vantage point of President Obama was between two construction workers with hardhats. A great frame from which to take in the President's vision for the workers assembled around me. 

    Fremont, California—explained the President—is a symbol of what we’ve lost in the recent national recession. If California has been hard hit by the downturn, Fremont has been punched in the face. The city lost more than 4,000 manufacturing jobs with the closure of the NUMMI auto plant, which had been a landmark partnership between Toyota and GM to keep jobs in America's auto industry. Thousands of jobs in the community disappeared with the factory’s closure, and it looked like another sad chapter of American industrial decline. 

    But luckily, another fate emerged. Thanks to a $535 million federal loan guarantee from the Department of Energy—one of the key programs of last year’s stimulus program—Solyndra built its manufacturing plant in Fremont. In the process, the company created thousands of jobs: 3,000 construction workers helped build the facility and companies from 12 states manufactured the equipment that will power it. After it opens, the plant will create thousands of new jobs and companies from 22 states will provide solar panel parts that will assembled at the factory. Today, Obama drove home the point that Solyndra’s growth symbolizes how we can recapture our economic prosperity in the future. 

    And the fate of the shuttered NUMMI plant? It is being brought back to life. Governor Schwarzenegger last week announced a new partnership between Toyota and Tesla Motor Company to produce electric cars in that factory. This exciting partnership won’t generate all the jobs that were lost, but it restores 1,200 positions. When combined with Solyndra and other local projects, it's a slow but steady economic recovery thanks in part to California's environmental leadership on clean energy policies. 

    The growth of the clean economy, Obama said, is the cornerstone of our economic recovery and future economic growth in communities like Fremont all across America. “No one is playing for second place” in the international race to become centers of clean technology development, he said. “The promise of the clean economy is not an article of faith. It's here.” 

    The President also laid bare the reality that “the heartbreaking spill” drives home the need to find new forms of domestic energy. “We won’t transition from oil tomorrow,” he explained, but the increased risks and costs of drilling show we need energy alternatives.

    To raucous applause, President Obama explained the need to pass comprehensive clean energy and climate legislation this year. “It’s good for the environment, good for the economy, and good for our security.”

    Indeed. Stimulus funding for innovative companies such as Solyndra are powerful resources to help them grow. But, ultimately, if the U.S. is going to step up and become the global leader on clean energy, a federal cap on greenhouse gas pollution is needed to create an even playing field that renewable energy companies such as Solyndra’s can compete on and win. 

    The Solyndra story also demonstrates why it's an economic imperative to fend off attacks on clean energy policy like the one being launched by the Dirty Energy Proposition, a measure on California's November's ballot that would, in essence, kill our landmark climate and clean energy bill, AB 32. 

    Obama’s moment at Solyndra made the point like I’ve never seen it made before: Our economic future lies in embracing clean technology, and it’s high time we stepped up to make this promise a reality.

  • T-Mobile is making the myTouch 3G Slide the center of its universe

    To no one’s surprise, T-Mobile is positioning the myTouch 3G Slide as its next big device launch. In fact, from these leaked slides, it looks like their building an entire summer campaign around the myTouch brand. We’ve been decently impressed with what we’ve seen in the myTouch 3G Slide and think it vibes with all those current and former Sidekick, T-Mobile G1, and myTouch 3G users. Given that most people who bought the G1 are due for an upgrade, the myTouch 3G Slide’s release can’t come at a more perfect time.

    Some cool details in the leaked slides show that there’ll be A LOT of advertising for the myTouch 3G Slide (like for the original myTouch) and a big push on accessories (which we’re sure you’ll be able to find here). What’s interesting is that though the launch date is June 2, myTouch 3G Slides won’t be demoed in store until June 7 and the ad campaign doesn’t start til June 16. June 17 is marked mysteriously and interestingly as: "STAY TUNED – THIS WILL BE BIG". What could that mean? [via engadget]

    This is a post by Android Central. It is sponsored by the Android Central Accessories Store

  • Oh, THAT’S How Magnets Work [Magnets]

    Magnets have always been able to suspend soda cans in midair, haven’t they? That’s just basic science, right there. More »










    MagnetBusinessShoppingHome and GardenIndustrial Goods and Services

  • HTC Droid Incredible (Verizon) Review: Hardware

    Noah’s multi-part review of Verizon’s fastest Droid, the Incredible. In this episode: Hardware.


  • “Don’t Effin’ Touch The Biebs!” Justin Bieber Accused Of Spitting Swear At Sound Tech

    Bieber, a diva? Say it ain’t so! Canadian pop sensation Justin Bieber has denied a tabloid report claiming he told a TV stage hand “Don’t ever fucking touch me again” during a chaotic appearance on Australian morning show Sunrise last month.

    Word on the Curb claims His Bangness threw a profanity-laced tantrum that would make JLo and Mariah proud after a sound technican had the brazen audacity to touch him just moments before his performance, according to Sunrise employees.

    Peter Koch — who co-hosts the AM chat show — suggests the 16-year-old pop star is overdue for a royal ass-whipping after swearing at the floor manager just before he performed on the show during a promotional visit to Sydney in April.

    “We had him on and he was a thoroughly nice bloke… really decent guy,” Koch told Sydney’s Mix 106.5 radio station Wednesday. “(But) our floor manager was directing him to where he was about to perform and (Bieber) turned around and said to him: ‘Don’t ever fucking touch me again.’”

    Koch said the stunned floor manager was reassured by Bieber’s regular sound tech that “he tells us that all the time.”

    None of its true, says Bieber — who slammed the claims on his Twitter account yesterday afternoon, writing:

    “Family time with my mom couldn’t come at a better time….I was raised to respect others and not gossip…nor answer gossip with anger…”

    “I know my friends family and fans know the person I am. Hearing adults spread lies and rumors is part of the job I guess….”


  • President Obama Just Fired Elizabeth Birnbaum?

    elizabeth birnbaumIt was not until President Obama has fired Elizabeth Birnbaum who is the head of the Interior Department’s Minerals Management Service that she finally has to leave her position.

    According to some associated press sources, president obama will announce that Elizabeth Birnbaum must leave her current position. Considering that she had been there since July 2009.

    Its all about her agency who leases oil companies and monitors offshore drilling had caught the eye of some people which finally resulted in criticism for lax oversight since the BP Gulf of Mexico explosion last April 20, 2010.

    At 12:08 pm ET, it was official that Elizabeth Birnbaum has resigned from her job. Kel Salazar had talked about Birnbaum’s departure at some hearing early in the morning. Actually Elizabeth should be there but it was Salazar who showed up.

    He left the place with these words:

    Birnbaum resigned “on her own terms and her own volition.”

    During a news conference later in the day, President Obama didn’t clearly tell if he had fired her or not all he  the president said, he wants “people operating at the highest level”

    Related posts:

    1. Elizabeth Birnbaum Resigned! Elizabeth Birnbaum quits MMS!
    2. New President For Nigeria Goodluck Jonathan Nigerian President Officially
    3. Obama calls David Cameron to visit U.S. in July