Thursday, May 23, 2013

Americans should remember: Politicizing the IRS is a bipartisan tradition

Democrats and Republicans alike?have tried to use the Internal Revenue Service to serve their own political ends. The real question, as William F. Buckley foresaw, is whether the IRS can render its judgments with justice. Both parties should join hands to ensure that it does.

By Jonathan Zimmerman,?Op-ed contributor / May 21, 2013

Then-IRS Commissioner Douglas Shulman testifies on Capitol Hill, Aug. 2, 2012, before the House Oversight Committee. Mr. Shulman will testify before the Senate Finance Committee today regarding the IRS targeting conservative political groups. Op-ed contributor Jonathan Zimmerman says 'no single party owns an historical monopoly on IRS-related sleaze. And that?s precisely why we all need to be vigilant in guarding against it.'

J. Scott Applewhite/AP/File

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Does the Internal Revenue Service scandal conjure ?unpleasant echoes? of Richard Nixon?

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Sen. Lamar Alexander (R) of Tennessee said last week that it did. So did a host of other GOP critics, who linked the recent targeting of conservative groups by the IRS to Nixon?s use of the agency as a weapon against his ?enemies list.?

Liberals quickly replied that President Obama had pledged to root out political bias from the IRS, offering his full cooperation in the ongoing investigation. And whereas Nixon expressly ordered the IRS to harass his foes, there?s still no evidence that Mr. Obama himself even knew about the IRS practice until media outlets reported it.

But both sides are ignoring the sordid politicization of the IRS before Richard Nixon, when Democrats ? not Republicans ? were in power. Despite what you may have heard, no single party owns an historical monopoly on IRS-related sleaze. And that?s precisely why we all need to be vigilant in guarding against it.

Start with the ?Ideological Organizations Project? designed in the early 1960s under John F. Kennedy, who worried that right-wing organizations were undermining American democracy. So Kennedy?s aides ordered IRS audits of them.

Like the ultra-conservative John Birch Society, some of the targeted groups trafficked in paranoid conspiracy theories; the Birchers famously claimed that Dwight D. Eisenhower ? Kennedy?s Republican predecessor ? was a secret communist. But others were investigated simply because they opposed taxes, labor unions, and government regulation of business.

After Kennedy was assassinated, Lyndon B. Johnson continued to target right-wingers via the IRS. But conservatives struck back after the agency revoked the tax exemption of Billy James Hargis, a fundamentalist Evangelical minister who railed against ?liberalism and communism.?

In an almost exact echo of tea party accusations today, one Florida paper charged the IRS with imposing ?liberal dictatorship.??Meanwhile, conservative columnist William F. Buckley worried that an IRS controlled by liberals would inevitably target conservatives. ?The trouble with policing tax-exempt organizations is that it simply cannot be done with justice,? Buckley wrote in 1964.

During these same years, however, the supposedly ?liberal? IRS also assisted the Federal Bureau of Investigation in harassing civil rights and antiwar organizations. At the request of the FBI, the IRS audited Martin Luther King Jr. and the Southern Leadership Christian Conference. It also investigated Students for a Democratic Society, passing lists of SDS contributors to the FBI.

The IRS continued these activities under Richard Nixon, establishing a so-called ?Special Service Staff? to gather intelligence on ?subversive? groups. African-Americans drew particular attention from the new unit, which provided helpful hints for identifying the most radical ones.

?Most members of the black power groups manifest a natural ?African bush? type haircut or style,? a 1969 Special Service Staff report explained. ?Some of the more extroverted may, at times, wear Central African-type raiments consisting of flowing colorful robes.?

In the White House, meanwhile, Nixon ordered audits on Democratic politicians, journalists, and actors. He also reorganized the IRS itself, under a new ? and loyal ? director. ?I want to be sure," Nixon said, that he is "ruthless", that he will do what he?s told [and] that he will go after our enemies and not go after our friends.?

Even after the IRS shake-up, though, Nixon remained dissatisfied. ?[A]re we looking over McGovern?s financial contributors?? he asked an aide during his 1972 bid for re-election, when Nixon defeated George McGovern. ?We have all this power, and we aren?t using it.? Nixon believed that the IRS balked at following his directives because it was ?full of Jews.?

Two years later, at the height of the Watergate scandal, Nixon?s use of the IRS as a political weapon would generate one of the articles of impeachment against him. Nixon ?endeavored to?cause?income tax audits or other income tax investigations to be initiated or conducted in a discriminatory manner,? the article charged.

Thus far, there?s no evidence that Obama ? or any of his aides ? engaged in any such malfeasance. But that hasn?t stopped people from asking him how this scandal measures up next to the ones that surrounded Nixon. ?I?ll let you guys engage in those comparisons,? Obama told a news conference last week. ?You can go ahead and read the history, I think, and draw your own conclusions.?

The history shouldn?t start ? or end ? with Richard Nixon. Instead, Americans should use this moment to remind themselves that Democrats and Republicans alike?have tried to use the IRS to serve their own political ends. The real question, as William F. Buckley foresaw, is whether the IRS can render its judgments with justice. Both parties should join hands to ensure that it does.

Jonathan Zimmerman teaches history and education at New York University. He is the author of ?Small Wonder: The Little Red Schoolhouse in History and Memory? (Yale University Press).

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/KjOJpJEhIw4/Americans-should-remember-Politicizing-the-IRS-is-a-bipartisan-tradition

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Microsoft unveils its next game console, the Xbox One - Engadget

Microsoft debuted the Xbox One this afternoon live from a tent on its Redmond, Wash., campus, putting to end months of speculation about the company's next-generation video game console. The console will be available "later this year." Microsoft exec Don Mattrick called it out as an "all-in-one" box. The core strategy is "simple, instant and complete." It was debuted alongside a new gamepad as well as a new Kinect motion camera.

The system itself is all black and features a two-tone finish with both matte and gloss in equal measure; a slot-loading Blu-ray optical drive sits out front on the left face, while a power button with the traditional incomplete circle symbol is emblazoned on the right side (which looks to be touch-based). A new Kinect was also unveiled, and it powers the console -- "Xbox On" is being trumpeted as the most important feature. There's instant switching from the Xbox One dashboard to live television (which seems to confirm that HDMI-in rumor), and a live demo showed off impressive speeds. "Switching between live tv and all your games and entertainment is now as simple as using a remote," Microsoft's Yusuf Mehdi said. He also demonstrated gesture controls for the console's UI, quickly snapping back to the dashboard with a pinch command.

Xbox One

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A ton of UI is being shown off, with an updated version of the Xbox 360 Dashboard (the tile-system we're accustomed to with Windows 8). The dashboard has a new trending window, in addition to the standards you're used to: games, music, movies, etc. The trending concept stretches across the console's media functions as well as games, with integration in the TV program guide.

In terms of specs, the console has an eight-core CPU, USB 3.0, WiFi direct, Blu-ray, 500GB HDD, HDMI input and output and 802.11n wireless -- no mention of the GPU. It's these specs that enable the aforementioned multitasking and Snap Mode, not to mention enabling much more powerful games.

Xbox Live is also getting a major update, with 300,000 servers backing up the service. "Your content is available and it's stored in the cloud," Microsoft's Marc Whitten said. That includes a DVR-like service for capturing game developers, and offloading processing.

EA's Andrew Wilson announced during the event that EA's sports games would be available on Xbox One "in the next 12 months," so that tells us to expect that company's sports titles in the not-too-distant future.

Source: http://www.engadget.com/2013/05/21/microsoft-unveils-its-next-game-console-the-tktk/

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Enzyme-activating antibodies revealed as marker for most severe form of rheumatoid arthritis

May 22, 2013 ? In a series of lab experiments designed to unravel the workings of a key enzyme widely considered a possible trigger of rheumatoid arthritis, researchers at Johns Hopkins have found that in the most severe cases of the disease, the immune system makes a unique subset of antibodies that have a disease-promoting role.

Reporting in the journal Science Translational Medicine online May 22, the Johns Hopkins team describes how it found the novel antibodies to peptidylarginine deiminase 4, or PAD4, in blood samples from people with aggressive inflammation and connective tissue damage.

Researchers say the presence of so-called PAD3/PAD4 cross-reactive autoantibodies could serve as the basis for the first antibody-specific diagnostic test to distinguish those with severe rheumatoid arthritis from those with less aggressive forms of the disease.

"Identifying early on a subset of patients with severe rheumatoid arthritis could benefit their health, as these patients could start aggressive drug therapy immediately and find the most effective treatment option," says senior study investigator Antony Rosen, M.D. Rosen, director of rheumatology and the Mary Betty Stevens Professor at the Johns Hopkins University School of Medicine, says that a third, or 1 million of the more than 3 million Americans -- mostly women -- estimated to have rheumatoid arthritis have an aggressive form of the disease.

In the study, the antibodies were present -- in 18 percent of 44 fluid samples from one research collection and in 12 percent of another collection of 194 -- but only in people with severe cases of rheumatoid arthritis. Past research shows that those with the most aggressive disease are less likely to respond to anti-inflammatory treatments with steroids and other drugs.

An examination of patients' medical records revealed that 80 percent of patients with the antibody saw their disease worsen over the previous year, while only 53 percent without the antibody showed disease progression. In comparing average scores of disease-damaged joints, researchers found that those with the antibody had an average deterioration in joints and bones by a score of 49. Those without the antibody had an average degradation in their score of 7.5, indicating much milder disease.

In a related finding, the Johns Hopkins team also uncovered how the PAD3/PAD4 cross-reactive auto-antibodies might contribute to more severe, erosive disease in rheumatoid arthritis. The team performed a series of experiments to gauge the antibodies' effects on PAD4 in response to varying cell levels of calcium, on which PAD enzymes depend.

Lab experiments showed that the antibodies greatly increase PAD4 enzyme function at the low levels of calcium normally present in human cells. Results showed that PAD4 activity was 500 times greater in the presence of antibodies than when they were absent. Tests of the antibody and enzymes' chemical structures later showed that the antibodies bind to PAD4 in the same region as calcium, suggesting to researchers that the antibodies might be substituting for calcium in activating the enzyme.

According to Rosen, the series of experiments, which took two years to complete, represents the first evidence of an antibody having a direct role in generating the targets of the immune response, or auto-antigens, in rheumatoid arthritis.

"Our results suggest that drugs inhibiting the PAD4 enzyme may have real benefit in patients with severe rheumatoid arthritis and represent an important field of study for investigating new and alternative treatments," says lead study investigator and biologist Erika Darrah, Ph.D.

Darrah says the team next plans long-term monitoring of arthritis sufferers to find out when the antibody first appears in the blood, and when intervention may have maximum impact in preventing or stalling disease progression. The team also plans further experiments to see if the antibody is taking control of the chemical pathways normally used by other cell proteins to control PAD4 sensitivity to calcium.

Funding support for this study was provided by the National Institutes of Health, and corresponding grant number T32-AR048522; the American College of Rheumatology; the Donald B. and Dorothy L. Stabler Foundation; and Sibley Memorial Hospital.

In addition to Rosen and Darrah, other Johns Hopkins researchers involved in this study were Jon Giles, M.D.; Michelle Ols, Ph.D.; and Felipe Andrade, M.D., Ph.D. Additional research assistance was provided by enzymologist Herbert Bull, Ph.D.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/JUMsJSIwPuo/130522141839.htm

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Ready for an all-new iMore show? It's coming your way tomorrow!

Ready for an all-new iMore show? It's coming your way tomorrow!

The iMore show has been an overwhelming success, reaching more of you, in more ways, then many of us here on the site could have possibly imagined. However, it didn't include you as much as any of us have wanted. Increasingly the iMore show had become more about awesome interviews and less about our even more awesome community.

So, tomorrow, we're changing that. A lot.

Now, the current iMore show isn't going to go away. It too will change. It'll get a new name, and become something closer akin to Debug and Iterate. More on that later, though! For now, here's what's happening with the NEW iMore show:

  1. We're changing the day and time. We're moving it back to Wednesday and we're moving it to the afternoon, Eastern Time. We're still working out the details, and we'll announce the exact time tomorrow. That's right, no more conflict with Game of Thrones, Mad Men, or whatever else you were watching!

  2. Peter Cohen will be our new, fairly consistent co-host, but other members of the iMore and Mobile Nations families will be joining us from week to week as well. Also, we're not going to be abandoning guests entirely. We aim to have some fantastic folks join us as well to help round out the shows and keep up the variety.

  3. And yes, that mean's we're changing the format. As much as being able to do a one man show is important as a last-ditch backup, and as much as I enjoy interviews, what makes iMore great are the many voices we have here. So, we're switching back to the panel-type format we used to use, and that our other site-shows like Android Central and CrackBerry use.

  4. The subject matter we cover will expand from mostly news and hot topics to a better balance of news, apps, accessories, and... Q&A. Yours, the communities, is the most important voice we have and part of our new panel will be YOU. What that means is that we'll be using the chatroom more than ever before, but what's more -- you'll be able to send us audio and video questions or comments and we'll play them live during the show.

Want to be on the new iMore show tomorrow? Here's what you need to do RIGHT NOW:

  • Grab your iPhone, iPad, or the device of your choice and record a short (30 second) video asking us your question. Upload it to the internet, and send us the link -- Don't send the video file itself, just the YouTube, Dropbox, or other video hosting link -- to imoreshow@imore.com.
  • While we prefer video -- it's a video show! -- audio is fine as a fallback. Just use Voice Memo on iOS, or whatever recording app you like best, ask the question, and email the audio file to <imoreshow@imore.com).

That's it! That's all you need to do to be on the all new, all encompassing iMore show!

We'd also love to hear any other suggestions you may have for the show as well. So, run -- don't walk -- to the comments and let me know. If you could have your dream iMore show, what would it be? What segments would we include? What guests would we invite on? What kind of Q&A would we do?

    


Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/1lU9kNl96aQ/story01.htm

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Wednesday, May 22, 2013

DFL leaders say budget deal is 'progress' for middle class (Star Tribune)

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Anthony Weiner launches bid to become NYC mayor

NEW YORK (AP) ? Anthony Weiner's run for a renaissance is officially on.

The ex-congressman whose career imploded in a rash of raunchy tweets two years ago said in a YouTube video announcement late Tuesday that he's in the New York City mayoral race. He'd said last month he was considering it.

"I made some big mistakes and I know I let a lot of people down, but I also learned some tough lessons," he said in the video. "I'm running for mayor because I've been fighting for the middle class and those struggling to make it my entire life. And I hope I get a second chance."

With that, Weiner is embarking on an audacious comeback quest, hoping to go from punchline pol whose tweeted crotch shot was emblazoned on the nation's consciousness to leader of America's biggest city.

The Democrat is jumping into a crowded field for September's primary. He's arriving with some significant advantages, including a $4.8 million campaign war chest, the possibility of about $1.5 million more in public matching money, polls showing him ahead of all but one other Democrat ? and no end of name recognition. His participation makes a runoff more likely, and many political observers feel he could at least get to the second round.

But Weiner has continued to contend with questions about his character and the scandal that sank his career just two years ago.

After a photo of a man's bulging, underwear-clad groin appeared on his Twitter account in 2011, he initially claimed his account had been hacked. After more photos emerged, the married congressman eventually owned up to exchanging racy messages with several women, saying he had never met any of them. He soon resigned.

In seeking a second chance, Weiner will have to overcome some voters' misgivings; in a recent NBC New York-Marist Poll poll, half said they wouldn't even consider him. He can expect opponents to hammer at his prevaricating past, and he said in a recent interview on the RNN cable network that he couldn't guarantee that no more pictures or people would emerge.

Weiner has taken a series of steps recently to rehab his image and reintroduce himself, including a lengthy magazine profile and a series of local TV interviews. He hasn't responded to interview requests from The Associated Press.

He also has released a platform of sorts, a list of ideas styled as a blueprint for helping the city's middle class thrive. The suggestions, some of them updates from a mayoral run he nearly made in 2009, range from giving every public school student a Kindle reader to using Medicaid money to create a city-run, single-payer health system for the uninsured.

"Anybody who underestimates Anthony Weiner's ambition is a fool. And anybody who underestimates his ability as a candidate is a fool," says retired Hunter College political science professor Kenneth Sherrill. But "we're going to see, basically, if Weiner can take hits as well as he can dish them out."

___

Follow Jennifer Peltz at http://twitter.com/jennpeltz

Source: http://news.yahoo.com/anthony-weiner-launches-bid-become-nyc-mayor-061856020.html

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Tuesday, May 21, 2013

Pricey radiation no better post prostatectomy: study

By Andrew M. Seaman

NEW YORK (Reuters Health) - Men who get an older and less costly form of radiation after their cancerous prostates are removed fare just as well as men who get a new and expensive type of radiation, according to a new study.

"What we demonstrate is that both (therapies) are very safe and effective after prostatectomy, and patients should feel very confident receiving either technology," said Dr. Ronald Chen, the study's senior author from the University of North Carolina at Chapel Hill.

Conformal radiotherapy (CRT) delivers radiation over a large area to kill cancer cells. Intensity-modulated radiotherapy (IMRT), on the other hand, directs radiation to a smaller area to protect surrounding tissue.

IMRT, which is newer and the predominant form of radiation for prostate cancer patients, also costs about $10,000 more than CRT.

"The way we design the radiation for the IMRT is more sophisticated and takes more time," Chen said.

He and his colleagues write in JAMA Internal Medicine that new prostate cancer treatment technologies increases costs by about $350 million each year - mostly driven by IMRT.

But researchers questioned whether the newer, more expensive and focused radiation led to better outcomes in prostate cancer patients.

Last year, Chen and his colleagues found IMRT was tied to a lower risk of stomach problems and better cancer control in men who were using it as a first-line treatment for early-stage prostate cancer, compared to men who got CRT (see Reuters Health article of April 17, 2012 here: http://reut.rs/13G0OMI.)

For the new study, the researchers used data on 457 IMRT patients and 557 CRT patients who already had their prostates removed and were receiving radiation to prevent or treat reoccurrences between 2002 and 2007. All were on Medicare, the government-run health insurance for the elderly and disabled.

The patients were followed through 2009 and the researchers found that the IMRT patients experienced just as many complications as those receiving CRT. Those included stomach problems, incontinence and erectile dysfunction.

What's more, those receiving CRT didn't end up needing more cancer treatments, compared to IMRT patients.

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Chen told Reuters Health that they may not have seen a difference between the two types of radiation because doctors tend to use lower doses of radiation after prostate surgery and IMRT may not give as much as an advantage.

Or, he said prostate surgery can cause urinary and sexual side effects in patients and would diminish the difference between the types of radiation.

Dr. Matthew Cooperberg, a urologist from the University of California, San Francisco, who wrote an editorial accompanying the new study, told Reuters Health the new study also shows how fast the more expensive treatment was adopted, despite many head-to-head comparisons.

In the new study, researchers found no patients were getting IMRT in 2000, but it was the treatment for over 80 percent of patients by 2009.

"I think one of the points is that no one is going with the less-expensive option. IMRT has become the standard," he said.

SOURCE: http://bit.ly/MbBLb9 JAMA Internal Medicine, online May 20, 2013.

Source: http://news.yahoo.com/pricey-radiation-no-better-post-prostatectomy-study-202532359.html

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OnLiNE%%%%%WWE Extreme Rules 2013 Live : Watch Team Hell ...

WWE Tag Team Champions Team Hell No ( members:?Kane & Daniel Bryan) will face the biggest challenge of their eight-month title reign when they defend against The Shield?s Roman Reigns & Seth Rollins in a Tag Team Tornado Match at Extreme Rules 2013 aired on Sunday May 19.

Date: Sunday May 19, 2013
Time: 8PMET or 5PMPT
Venue Scottrade Center
City St. Louis, Missouri
Team Hell No vs The Shield?s Reigns & Rollins

Watch Live on PPV

Unlike traditional tag team contests, the stipulation for this Sunday?s championship duel does away with the formality of tagging; instead, all four Superstars will fight concurrently until a pinfall or submission decision is rendered.A holdover from the nascent years of tag team competition, the Tornado Match seemingly plays to the strengths of Reigns and Rollins who, alongside Dean Ambrose, have excelled in matches in which their frenetic ring style isn?t stymied by tags. That?s to say nothing of the inherent danger of Tag Team Tornado Matches. The risk of being blindsided is grave, and double-team attacks are inevitable. When all four Superstars are battling in the ring simultaneously for the entire duration of a match, the overall chance of injury is heightened immeasurably.

Source: http://www.articlessquad.com/onlinewwe-extreme-rules-2013-live-watch-team-hell-no-vs-the-shields-reigns-rollins-streaming-online/?utm_source=rss&utm_medium=rss&utm_campaign=onlinewwe-extreme-rules-2013-live-watch-team-hell-no-vs-the-shields-reigns-rollins-streaming-online

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AP chief says phone probe makes news sources reluctant to talk

WASHINGTON (Reuters) - The Justice Department's seizure of phone records for journalists at the Associated Press is hurting the agency's ability to gather news, the wire service's Chief Executive and President Gary Pruitt said on Sunday.

"Officials that would normally talk to us and people we talk to in the normal course of news gathering are already saying to us that they're a little reluctant to talk to us," Pruitt said on CBS's "Face The Nation" program. "They fear that they will be monitored by the government."

The Justice Department told the AP on May 10 that it had earlier seized records of more than 20 of its phone lines for April and May 2012. The seizure was part of an investigation of media leaks about a foiled terrorism plot.

"Approximately a hundred journalists use these telephone lines as part of news gathering," Pruitt said. "And over the course of the two months of the records that they swept up, thousands upon thousands of news-gathering calls were made."

The White House has said that President Barack Obama learned about the Justice Department's record seizure from press reports and had no prior knowledge of the action. Obama's administration is fielding concerns on several incidents that raise questions about its transparency.

Pruitt said the Justice Department claimed an exception to its own rules that required them to notify the AP of such a record seizure by saying that such a disclosure would have posed a substantial threat to the investigation.

"But they have not explained why it would and we can't understand why it would," Pruitt said. "We never even had possession of these records, they were in the possession of our telephone service company and they couldn't be tampered with."

Government officials have told Reuters that the AP phone records were just one element in an ongoing sweeping U.S. government investigation into media leaks about a Yemen-based plot to bomb a U.S. airliner, prompted by a May 7, 2012 AP story about the operation to foil the plot.

"We don't question their right to conduct these sort of investigations," Pruitt said. "We think they went about it the wrong way, so sweeping, so secretively, so abusively and harassingly."

Pruitt said the AP would have sought to narrow the scope of the record seizure through courts had it been notified, instead of "the Justice Department acting on its own, being the judge, jury and executioner, in secret."

Reuters was one of nearly 50 news organizations that signed a letter to Attorney General Eric Holder complaining about the AP phone record seizures.

(Reporting by Alina Selyukh; Editing by Cynthia Osterman)

Source: http://news.yahoo.com/ap-chief-says-phone-probe-makes-news-sources-173716388.html

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The time's not right for Tesla

I hadn't seen a Tesla Model S electric car up close until this weekend, and when I did, we fell in love. Alas, even if i could afford the sticker price, a hefty $62,400 or so for a base model, I wouldn't be able to leave the lot smugly satisfied that I was doing my part as a good liberal to combat global climate change.

There really isn't anything wrong with the car itself. In some ways, it's perfect. Incredibly roomy. Styled but not styleized. Powerful. Quiet. Hugs the road. Very safe. The dashboard is like a modern glass airline cockpit. The interior is.. well, you get the picture. And the Tesla is flying out of the 40 or so showrooms across America. (There are no real dealerships per se.)

So: charging the thing. That's the big question I had, and I wasn't satisfied. In L.A., a lot of people who might otherwise be able to afford a Tesla don't live in houses. We (or they, because I'm not in that category) live in apartment complexes. We can easily purchase the adapter module that would allow us to charge the car overnight, but we cannot adapt it to our garages. I asked my super if we could, out of curiosity, and she said it would require a significant re-wiring of our community garage. 300 miles a day requires about 4 hours and 4:45 minutes per charge using the special adapter, and that's awesome. A 240kw connection, something that does exist in my garage but is tied into other things (like the electronic gate that opens and closes it), would charge a battery fully in about 9 hours. A basic 120 volt outlet, something that I could connect to the Tesla with an extension cord, would charge my car in 52 hours.

What about trips longer than 300 miles? A trip to and from Las Vegas, say? I called up a a high-end luxury hotel this weekend and said that I would be bringing my Tesla. Did they have a special place for me to park and recharge? It took about 15 minutes and several supervisors to get an answer: "Maybe. We don't really know."

Tesla is building an infrastructure to address this. A series of charging stations across America will allow you to "refill" in about an hour, or so, while you wait in a lounge and read Fast Company. Tesla founder Elon Musk acknowledges that there aren't as many of these stations as possible, and that public outlets aren't sufficient. His answer is more competition, which would initially stress his profit margins but in the end would increase demand by reducing the non-financial costs and burdens to owning an electric car. He's absolutely right.

Until you can be reasonably certain that you'll be able to recharge your car in the same way you'd be able to refill it with gasoline, a lot of would-be could-be buyers will balk.

But given how fast the Tesla IS selling, I think we're almost there.

Source: http://theweek.com/article/index/244405/the-times-not-right-for-tesla

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Monday, May 20, 2013

'Catching Fire' dampened but not drowned at Cannes

CANNES, France (AP) ? Little could lessen the fever-pitched excitement for "Hunger Games: Catching Fire," but heavy rain nevertheless dampened the film's lavish Cannes party.

Stars of the "Hunger Games" sequel, Jennifer Lawrence, Liam Hemsworth and Sam Clafin, arrived Saturday at the Cannes Film Festival. "Catching Fire," perhaps more than any other film not actually screening at Cannes, is seeking to use the festival's global platform to promote the highly anticipated sequel.

Digital flame billboards have constantly burned by the Majestic Barriere hotel. The cast posed for photographers Saturday. And in the evening, Lionsgate held a lavish soiree beside the beach on the Croisette, complete with flowing liquid chocolate and parading models dressed in the film's ornate costumes.

But a planned stunt at the party to promote the film was scuttled due to the poor weather that has plagued the first five days of the French Riviera festival. Lawrence made an enthusiastic appearance, but later fled, grimacing ? like other guests ? at the cold raindrops.

"The Hunger Games: Catching Fire" will be released in late November.

Source: http://news.yahoo.com/catching-fire-dampened-not-drowned-cannes-233024149.html

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Bedouin Businesswoman Transforms Beauty Secrets Into Products ...

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Mariam Aborkeek, founder of the ?Desert Daughter? beauty company, turns the ancient beauty secrets of Bedouin women into an international cosmetics business.

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The bestselling classic that redefined our view od the relationship between beauty and female identity.

In today's world, women have more power, legal recognition, and professional success than ever before. Alongside the evident progress of the women's movement, however, writer and journalist Naomi Wolf is troubled by a different kind of social control, which, she argues, may prove just as restrictive as the traditional image of homemaker and wife. It's the beauty myth, an obsession with physical perfection that traps the modern woman in an endless spiral of hope, self-consciousness, and self-hatred as she tries to fulfill society's impossible definition of "the flawless beauty."

The Complete Idiot's Guide to Making Natural Beauty ProductsThe Complete Idiot's Guide to Making Natural Beauty ProductsA natural treasure for every body.

Whether it's about saving money, living greener, or treating sensitive skin, The Complete Idiot's Guide(r) to Making Natural Beauty Products has everything the hobbyist will need to create organic, natural beauty products.

?Includes everything from face creams to mineral makeup to shampoo and more

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No More Dirty Looks: The Truth about Your Beauty Products--and the Ultimate Guide to Safe and Clean CosmeticsNo More Dirty Looks: The Truth about Your Beauty Products--and the Ultimate Guide to Safe and Clean CosmeticsIt started with a harmless quest for perfect wash-and-go hair. Every girl wants it, and Siobhan O?Connor and Alexandra Spunt finally found it in a fancy salon treatment. They were thrilled?until they discovered that the magic ingredient was formaldehyde.

Shocked, O?Connor and Spunt left no bottle unturned. If it went on their body (and thus, was absorbed into their skin and bloodstream), they researched it. As it turns out, many of those unpronounceable ingredients in your self-tanner and leave-in conditioner are not regulated and the ?natural? on your face wash doesn?t mean what you think it does.

Now, with the help of top scientists, dermatologists, and makeup artists, the authors share their compelling findings and the easy way to detoxify your beauty regimen. No More Dirty Looks also reveals the safest, most effective products on the market and time-tested home recipes. Finally, you don?t need to sacrifice health for beauty?because coming clean is the best look yet.

The Beauty Detox Foods: Discover the Top 50 Beauty Foods That Will Transform Your Body and Reveal a More Beautiful YouThe Beauty Detox Foods: Discover the Top 50 Beauty Foods That Will Transform Your Body and Reveal a More Beautiful YouIn her bestselling book, The Beauty Detox Solution, Kimberly Snyder?one of Hollywood's top celebrity nutritionists and beauty experts?shared the groundbreaking program that keeps her A-list clientele in red-carpet shape. Now you can get the star treatment with this guide to the top 50 beauty foods that will make you more beautiful from the inside out. Stop wasting your money on fancy, expensive beauty products and get real results, while spending less at your neighborhood grocery.

? Enjoy avocados and sweet potatoes for youthful, glowing skin

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With over 85 recipes that taste as good as they make you look, you can finally take charge of your health and beauty?one delicious bite at a time.

Source: http://www.jackiesbazaar.com/womensinterests/beauty-products/bedouin-businesswoman-transforms-beauty-secrets-into-products

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South Korea: The little dynamo that sneaked up on the world

For months the young emperor to the north has been threatening to turn this thriving metropolis into a "sea of fire." But it's not easy to ruffle the jaunty vibe of 75-year-old Kim Chong-shik as he strolls among young couples and shoppers along the boutiques of the Gangnam District.

Living well, it's said, is the best revenge. "I never imagined it would be like this," he says, grinning, not far from a playfully misplaced sign on a coffeehouse: Beverly Hills City Limits.

The retired civil servant, who remembers the Korean War and its miserable aftermath, cuts a dapper figure against a springtime cold snap, a green silk scarf peeking out from his handsome wool overcoat.

Why so stylish? "Because I live here!"

RECOMMENDED: Test your Gangnam style?

Ten million people live in Seoul, the heart of a huge sprawl that is home to half of the Republic of Korea's 49 million people. It is a hard-charging, high-pressure, high-tech hub of the 21st-century global economy ? and sits in the cross hairs of an enemy who seems unaware the cold war ended a generation ago. North Korean missile installations are just 30 miles away ? and now the threats are nuclear.

Yet not long ago, the dream of a single Korea ? reconciled in peace like Germany, not through war like Vietnam ? seemed like a destiny within reach. As recently as two months ago, Koreans from the south were still crossing the demilitarized zone (DMZ) to go to work alongside 50,000 northerners at the Kaesong industrial park, a legacy of the South's old "Sunshine Policy" of reconciliation. The Kaesong facility opened four years after athletes from both Koreas marched into the 2000 Sydney Olympics under a flag depicting a united peninsula. That same year South Korea's president was awarded the Nobel Peace Prize. And Koreans have long embraced the idea that they are of "one blood." A January 2011 survey by the Korean Broadcasting System found that 71.6 percent of South Koreans favored reunification, and nearly as many said they would be willing to pay taxes to support it.

But the ardor for reunification has cooled with a new round of tensions this year. Pyongyang's threats appear to have decimated the southerners' goodwill: In just six months there was a precipitous drop in the number of South Koreans who consider northerners a "neighbor" or "one of us," from 64.2 percent as late as November 2012 to 37.3 percent in late April, and a spike to 46 percent considering northerners as strangers at best, if not enemies.

North Korea's new weaponry and "Supreme Leader" Kim Jong-un's bombast ? including recent nuclear and missile tests ? raise fears that a single Korea might happen in the worst way possible, through horrible violence.

Thoughts of a path to unity make Kim Chong-shik's smile disappear: "I worry about it a lot. We've gone in opposite directions. The differences are so great. It would be very difficult."

A hip prosperity

South Korea has never been so prosperous, so gregarious, so hip ? so much so that it seems as if the nation sneaked up on the world.

As "the American century" fades, and the 21st century is said to "belong to China," it may make more sense to speak of "the Asian century" ? and now is South Korea's moment. And in that moment, it shines in such stark contrast to the sad state of North Korea ? so impoverished its people literally stand a few inches shorter than their southern cousins. The peninsula's bipolar condition is reflected most aptly in its leading personalities. The stocky K-pop party rocker Psy spreads "Gangnam Style" to the world while the North's pudgy supreme leader, like his father and grandfather before him, spreads menace, Pyongyang style.

The nuclear saber-rattling may have prompted the United States in March to add B-52 and B-2 stealth bombers to its annual military exercises with South Korea, but there are few outward signs of distress among South Koreans themselves. Seoul's stock market took it all in stride, and 50,000 Psy fans jammed a Seoul stadium for a mid-April concert that premi?red his new song and video "Gentleman," in which Psy does not seem gentlemanly at all. Nobody expects him or any act, anywhere, to soon top the 1.5 billion-plus YouTube viewings of "Gangnam Style."

Psy's global success has made him a national hero. He is, in a sense, a flamboyant, fun-loving, globe-trotting version of the "industrial warriors" hailed by South Korean politicians for transforming this small nation into an economic powerhouse. While the Korean Wave exports K-pop and TV and film dramas far and wide, the rest of South Korea Inc. keeps cranking out computer chips, smart phones, TVs, autos, oil tankers, and container ships, while also building skyscrapers, highways, and shopping malls at home and abroad. In the first quarter of 2013, as Pyongyang started to act up, South Korea's gross domestic product jumped markedly over recent quarters. Samsung Electronics recorded a 42 percent spike in profits in its sixth straight quarter of growth as it pulls away from Apple in the smart-phone market.

South Koreans, clearly, aren't easily distracted. At Hyundai Motor Group headquarters, Doh Bo-eun, a mild-mannered economist and father of teenage girls, explains that it's pointless to dwell on Pyongyang when his duty is to study how the European Union's troubles may affect auto exports.

Over at the entertainment firm CJ E&M ? Psy's label ? music division president Ahn Joon likens North Korea's threats to a mild illness, and says he worries more about ways to keep K-pop popping. That's why the colorfully coiffed Wonder Boyz put in marathon rehearsals at a Gangnam studio, working to make it big before they must report for compulsory military duty.

Until recently, South Korea only seemed to make news when North Korea caused trouble. Today's confrontation may portend more than the lethal violence of 2010, when 46 South Korean sailors were killed in the sinking of the naval vessel Cheonan, and later two marines and two civilians were killed in the shelling of the Yeonpyeong Islands. (North Korea denies being responsible for the sinking; an international investigation concludes it was.) At that time, South Korea's cooler heads prevailed, opting for a measured military retaliation against North Korean gun positions and vowing harsher payback for further attacks. The vow continues under newly elected Park Geun-hye, the nation's first female president and the daughter of a former military dictator credited with laying the foundation for South Korea's success and creating its Ministry of Unification. Yet even after the sinking of the Cheonan, Ms. Park's predecessor, President Lee Myung-bak, was optimistic enough to propose a "reunification tax" to prepare the country for its likely destiny.

Korean nationalism is a potent force, whether it refers to one nation, the other, or the imagined third. Yet for much of its history Korea has been dominated by foreign powers. In the first great war of the 20th century, Japan shocked the Western world when its forces throttled Russia to strengthen its domination of the Korean Peninsula and Manchuria ? a part of the Korean "Hermit Kingdom."

South Korea's population is 2/5ths the size of Japan's, 1/7th the size of the US's, and 1/26th the size of China's, but pound for pound, it's outpunching the economic heavyweights. Once also-rans, companies like Samsung Electronics, LG, and Hyundai Motors are going toe-to-toe with the likes of Apple, Intel, Sony, Toyota, and Ford. Critics point out that Apple defeated Samsung in a high-profile patent case last year. Silicon Valley has long portrayed South Korea as "a fast follower," better at imitating than innovating. Samsung, however, is adept at collaboration: Apple used its chips in the iPhone, while Samsung's smart phones run Google's Android operating system. And Samsung has bragging rights to the No. 1 market share in TVs and memory chips ? as well as one of the world's biggest arsenals of patents.

South Korea's tech know-how has also helped drive its success in entertainment. It was the Chinese, in the late 1990s, who first fell hard for Korea's TV melodramas and other entertainment, dubbing it hallyu ? Mandarin for Korean Wave, which has since spread globally by satellite and Internet, winning fans in Europe, the Americas, and the Arab world. South Korea was early to embrace the Internet, rewiring Seoul for lightning-fast connections in the 1990s.

While Psy and several other Korean stars are original talents, K-pop has also thrived through its "idol" model. Mr. Ahn, the music executive, is matter-of-fact about the starmaking machinery that casts young talent for girl groups that resemble Korean Barbies and boy groups that look like Japanese anime characters. The songwriting formula requires English lyrical hooks for wider appeal.

South Korea's export-dependent economy faced a stiff test in the 2008 financial meltdown and the global recession ? and held up remarkably well. Data compiled by the Organization of Economic Cooperation and Development (OECD) shows that South Korea's growth slowed to 0.3 percent in 2009, but the nation, unlike most, never slipped into recession. From 2004 to 2011, its unemployment rate never rose above 3.7 percent while income per capita soared 36 percent, to $30,366. South Korea's yin and yang of capitalism and socialism, meanwhile, has long provided universal health care and other safety-net benefits.

Not all news is upbeat. South Koreans' new affluence also produced a housing bubble and an unwise tendency to splurge on status symbols. When Psy sings "Hey, sexy lady," he is lampooning Seoul's strutting nouveau riche. High household debt is considered South Korea's greatest domestic economic challenge. Along with Louis Vuitton, Prada, and other chic brands, signs of affluence include $15 cups of gourmet coffee and occasional glimpses of women wearing hoods to obscure their recovery from cosmetic surgery. South Korea is the world's per capita leader in nipping and tucking, with Westernized eyes especially popular.

South Korea also holds a grimmer global distinction: It is No. 1 in suicides per capita among the 34 nations in the OECD ? and by a wide margin. The rise has been startling and hard to understand. A 2012 report (based on data from 2010), put South Korea's suicide rate at 33.5 per 100,000 people, up from 28.4 in 2009.

Explanations are elusive. As in many Asian cultures, a high premium is placed on reputation, or "face." In one report, South Korea's Ministry of Health and Welfare cited "complicated socioeconomic reasons and a growing number of one-person households" as contributing factors. As South Korea has become more affluent and image-conscious, the flip side of success may be financial ruin and shame. Notably, in 2009, a year after he left office, former President Roh Moo-hyun committed suicide by leaping off a cliff amid allegations of corruption.

Most suicides don't make headlines. At the elite Korean Advanced Institute of Science and Technology, there have been a half-dozen suicides in recent years. Misgivings are expressed about a driven, ultracompetitive culture that produces students who score 97 percent on an exam and consider it a failure.

"Too many young people are very unhappy," says Han Sang-geun, a math professor. "If they don't succeed, you know, they are devastated."

Once a foreign aid recipient, now a donor

Time was that Koreans considered rice a luxury. During the Korean War and for many years after, recalls retired Army Maj. Gen. Ahn Kwang-chan, his village survived on a gruel of barley, which is much easier to grow than rice. Meat was for special occasions.

Well into the 1970s, South Koreans were in worse shape than their northern cousins, who benefited from ties within the Communist sphere. South Korea depended heavily on foreign aid, mostly from the US, including payment for more than 300,000 soldiers who fought communists in Vietnam. Today, South Korea is the world's only nation that has transformed itself from major recipient of foreign aid to major donor ? with North Korea as a beneficiary.

The rags-to-riches tale is sometimes called "the Miracle of the Han River," the waterway that curves through Seoul and empties at an estuary on the DMZ. (Gangnam means "south of the river.") But the wellspring of the nation's success, many say, can be traced to a different han. The word signifies a distinctly Korean pain ? the sorrow, anger, and unresolved injustice borne of subjugation. A prime example: the 200,000 "comfort women" of World War II forced to provide sex to Japanese soldiers.

The Allied victory liberated Korea from Japan but added new layers of han. The Ko-reans were divided by rival superpowers, creating conditions for fratricidal war five years later that began with an invasion ordered by North Korea's Kim Il-sung, whose grandson now leads the Pyongyang regime. The South's soldiers included Park Chung-hee, who in 1961 would seize power in a South Korea military coup and later prevail in an election to formally claim the title of president. The first President Park was an authoritarian figure who threatened to jail the patriarchs of the country's most powerful families ? and later worked with them to create the chaebol system of conglomerates to develop the nation's export-oriented economy. Only 15 years ago, near the dawn of the Sunshine Policy, the Asian financial crisis threatened to crash South Korea's banking system and bring the miracle to an abrupt end. The country was vulnerable in part because the chaebols were considered too big to fail.

"It was the survival of the fattest," explains Tcha Moon-joong, a director at the government-backed Korean Development Institute. On the brink of ruin, South Korea accepted $47 billion in emergency loans from the International Monetary Fund (IMF). South Korea Inc. was stripped down and rebuilt. Four wasteful chaebols were dismantled, with Daewoo selling its auto works to General Motors. Samsung, Hyundai, and others restructured. The result: a leaner, tougher economic machine.

The IMF's, however, wasn't the only help that South Korea received. Thousands of Ko-reans like taxi driver Yoo Man-su lined up to donate gold jewelry and heirlooms to shore up the nation's reserves. Athletes donated gold medals. In raw monetary terms, the value was modest ? but the collective emotional message was powerful. Several Asian countries were in crisis, but only South Koreans had this response. More recently, "when Greece got into trouble, the Greeks reached for rocks and threw them," Mr. Tcha points out. "Here, the people reached for gold and gave it to help the nation."

Such was the patriotism and the sense of sacrifice of the han generation. The Gangnam generation, Tcha says, lacks that "hungry spirit."

Leno can't kick Hyundai around anymore

At Hyundai headquarters, Choi Myoung-wha, vice president of marketing strategy, remembers her days at Virginia Tech in Blacksburg, Va., and laughing about Jay Leno's Hyundai jokes. ("Researchers have discovered a way to double the value of a Hyundai. Just fill it up.")

Today Hyundai Motors is the world's fifth largest automaker, in part because of its reputation for quality ? even if it did issue a massive recall in April regarding faulty air bags. Hyundai put an end to the jokes in 1999 with a "bet the company" move that paid off: "America's Best Warranty" ? a 10-year, 100,000-mile guarantee.

Hyundai and its sister Kia line are ubiquitous in South Korea, but its global reach may be more impressive. Last year, Hyundai's newest factory, in Brazil, started producing hatchbacks designed for the South American market. The new facility signified the completion of a strategy that had already put factories in Russia, India, and China ? the so-called BRIC group of large, fast-growing economies. Hyundai has three factories in China, Ms. Choi says, capable of pushing 1 million cars per year into what is already the world's largest auto market. It also has factories in the Czech Republic, Turkey, and the US, in Alabama.

The ground floor of Hyundai headquarters here doubles as a showroom for leading models such as the Sonata hybrid and popular Elantra. Another display promotes its hydrogen-powered, zero-emission car. Hyundai boasts that it is the first carmaker to introduce the assembly-line production of such vehicles, to fulfill orders from progressive Scandinavian governments.

Choi dismisses the rap that South Korea is merely a fast imitator, considering the innovations coming from Hyundai and Samsung. Now South Korea has become a trendsetter, and the Galaxy smart phones and K-pop have indirectly helped the nation's auto industry.

"The Korean Wave clearly plays into the country-of-origin effect," she says, "and does so in a very positive way."

South Korea's collective success, she suggests, reflects a lesson described in Malcolm Gladwell's "Outliers": Research shows that 10,000 hours of work are needed to achieve mastery in a particular endeavor ? and such mastery creates conditions for creativity.

Long hours are part of the Korean work ethic, starting from grade school on into careers. After a regular school day, students often do a second shift in private academies known as hogwans. Some students spend 12 or 13 hours a day in one school or another. Even parents who find it excessive say they feel compelled to help their children prevail in this competitive culture ? and, it follows, anywhere else in the world.

South Korea's human wave also includes a global legion of multilingual corporate representatives, entrepreneurs, and students. Seoul Global High School is a public boarding school that aims "to nurture international specialists." It selects students through an application and interview process, and teaches in both Korean and English. Twenty percent of its graduates attend foreign universities, mostly in the US, with the rest typically entering South Korea's elite universities. Seoul Global's dorms discourage the hogwan system, but it's still intense: Tae kwon do is mandatory, with first-year students starting at 6 a.m., and music is mandatory as well. "They can graduate only if they know how to play an instrument," the principal explains.

The education obsession, blamed by some as a factor in the high suicide rate, has moved South Korean students toward the top in international academic rankings. Koreans, Choi says, "have a passion for being No. 1."

Electing a woman to face the North

With the inauguration of Ms. Park, South Korea claimed another first. "It's a great thing! Our people selected a lady president!" Ahn, the retired Army general, says. "How wonderful it is!" No other nation in Northeast Asia, he notes, has ever elected a woman as its leader. "When do you think a lady prime minister will be chosen to lead Japan? Or China? Or Russia?"

He has other reasons to be happy. In electing a conservative, Korea's voters, in a sense, affirmed Ahn's recent service as a top national security adviser to conservative Mr. Lee and the handling of the 2010 clashes with North Korea. The election of Park last December signifies continuity more than change.

The looming question is whether Park and Mr. Kim will navigate toward war or peace. Also key is how China, long supportive of Pyongyang and of a divided Korea, will apply pressure, given Beijing's displeasure over Kim's nukes.

In his unpretentious Seoul home, Ahn politely demurs from a discussion of politics, preferring to discuss Korean character. He shows his "family book," which he says records 28 generations. (Mr. Yoo, the cabbie, brags his goes back 31.) There is a box of Titleist golf balls on his desk, and beneath the glass desktop is a favorite proverb: "If there's no road, make it. Hope starts here."

The Sunshine Policy was such a road. The name was inspired by Aesop's fable about a contest between the wind and the sun to force a man to remove his cloak. The wind just made the man grip his cloak tighter, while the sun's warmth inspired him to remove it on his own.

The policy had produced tangible advances. But progress stalled and tensions resumed, culminating in the clashes of 2010. After the North's "Dear Leader," Kim Jong-il, died in late 2011, there was hope that his son, who had been educated in Europe, might chart a new course. But today a common perspective here is that after South Korea offered an olive branch, the young Kim brandished weapons of mass destruction.

A journey to the DMZ offers as little insight into the cloistered, enigmatic North as a shopping spree in Gangnam. Instead, it's better to hike up a hill through an old, gentrified neighborhood north of the Han River and visit the North Korea Graduate School of Kyungnam University. Inside the library, in a room marked "restricted access," a collection of recent North Korean publications includes the nation's largest news-paper, with a front page laid out as sheet music and lyrics extolling Kim and titled "The Person Who Holds the Key to Our Fate and Future." Inside pages display undated propaganda photos flaunting the nation's firepower and resolve.

These glimpses of North Korea's menace contrast with the urbane panorama of Seoul, which from this vantage includes the Blue House, the nation's executive office and home to Park. Like her counterpart in Pyongyang, she is heir to a political legacy, but otherwise the two have little in common. At 61, she is twice Kim's age. While Pyongyang has bizarrely faulted her "venomous swish of skirt," she is perceived as very much her father's daughter, with a toughness and pragmatism tempered by experience. "To most South Koreans, Madame Park is not so much a woman leader as [she is] her father, Park Chung-hee, personified in a woman's body," says Bong Young-shik, a senior research fellow at the Asan Institute.

South Korea's new president was a young student in France when, in 1974, her mother was killed in an assassination attempt on Mr. Park, prompting the young Ms. Park to assume the duties of first lady. Five years later, after her father was killed by his own spy chief during a drinking bout, it's said that her first concern was that North Korea might seize the moment to attack. She never married and later served in the National Assembly, immersing herself in politics. Her campaign played "the gender card," Mr. Bong says, but also emphasizes her experience in the Blue House, the mentorship of her father, and political experience. During the Sunshine period, she met Kim's father in Pyongyang.

On May 7, Park visited President Obama at the White House. At a joint press conference both affirmed the nations' solidarity and vowed that Pyongyang's threats would not win concessions. "North Korea will not be able to survive if it only clings to developing its nuclear weapons at the expense of its people's happiness," Park said. "However, should North Korea choose the path of becoming a responsible member of the community of nations, we are willing to provide assistance ... with the international community."

Can the North do the Gangnam gallop?

Back in Gangnam, Mr. Kim, the retired civil servant, gives a thumbs-up. That's his opinion of Psy, whose popularity is something to behold. Industrial warriors, college professors, students, random shoppers ? all seem to root for Psy. Young people say that when they travel abroad ? and are invariably asked if they're Japanese or Chinese ? new acquaintances are excited by the answer.

"Some people start doing the dance," says a 20-year-old woman at a cos-metics shop, laughing as she demonstrates the Gangnam gallop. Her phone buzzes ? and she answers first in English, then French, then Korean. Later she explains that she recently moved home after several years in Paris ? and that, thanks to K-pop, Parisiennes now tell her they want to visit Seoul.

RECOMMENDED: Test your Gangnam style?

Many South Koreans profess indifference to Pyongyang, and many are quick to offer political assessments. The comments jibe with that April survey by the Asan Institute that showed, for the first time, more southerners considering northerners strangers or enemies rather than "one of us" or neighbors.

"There is a fundamental break happening in attitudes on the North," Karl Friedhoff, an Asan spokesman, wrote in an e-mail. "While previously South Koreans wanted to see the South absorb the North, there has been a change in that a majority, albeit slim, would prefer to see a federation ? the two states co-existing."

But the future may hold a different scenario. The idea of reunification now seems daunting. There is the human dimension: Time, many point out, has faded old family ties. After generations of divergent experience, are Koreans really still one great tribe of 75 million people? Could South Koreans respect northerners as equals? And then there's the economic effect: How much would this cost? How much would taxes go up? In a merger of strength and weakness, could South Korea lift up the North ? or would the North drag its neighbor down?

The feeling persists that reunification may be inevitable ? even though the differences may be irreconcilable. A single Korea has always been a pretty thought. But getting there, and being there, could get ugly.

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Source: http://news.yahoo.com/south-korea-little-dynamo-sneaked-world-162834887.html

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Special Report: The Rise and Fall of China's Sun King

By Charlie Zhu and Bill Powell

HONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches.

Two were of particular note: Yang Weize and Wang Rong, senior Communist Party officials from the eastern Chinese city of Wuxi.

A decade earlier, Shi had been research director of a solar energy firm, a spin-off from the University of New South Wales in Sydney, where he attended graduate school. The adopted son of a poor Chinese couple, Shi had become an Australian citizen living a comfortable life. "I wasn't really thinking seriously of leaving," he once told Fortune magazine.

The Wuxi government had other ideas. They wanted to lure Shi back to China with promises of government support and financing if he would help build a solar energy company based in their city.

Shi bit, and within a decade, he built Suntech into one of the world's largest solar panel makers. "I have been very lucky," Shi told the mostly Chinese students in Sydney in his 2010 speech. "My life has been very smooth."

DEMISE OF STRATEGIC INDUSTRY

Today, the life of Shi, China's "Sun King," is anything but smooth. Last August, Suntech's board forced Shi to step down as CEO, and in March stripped him of the executive chairman's title - a move Shi described as "misconceived and unlawful".

The company, which had piled up $2.2 billion in debt, defaulted on a $541 million convertible bond on March 15. Five days later, its main operating unit in China, Wuxi Suntech, filed for bankruptcy protection.

At its peak, Suntech, nearly 60 percent owned by Shi and his family trust, was valued on the New York Stock Exchange at $16 billion. Now it has a market cap of just around $106 million, a decline emblematic of the epic capital destruction across much of the solar energy industry globally. Suntech's demise is also intimately linked to the Chinese government's explicit determination to make solar and other renewable energy technologies a "strategic" industry.

Speaking to a solar energy conference on May 14 in Shanghai, Shi expressed contrition for Suntech's decline: "Twelve years ago I returned to the country in order to realize my dream. I was proud of Suntech. But unfortunately I have let you guys down."

For Shi, 50, the fall of Suntech gets even more complicated. He is now a defendant in U.S. District Court, Northern District of California in a case brought by a Suntech shareholder. It alleges that Shi set up a company in the tax haven of the British Virgin Islands that supplies polysilicon - a key material used to make solar panels - to Suntech.

Shi, the suit alleges, set up contracts between the two companies that benefited him personally at the expense of Suntech. Neither Shi nor his representatives would comment for this story. Suntech has also declined comment.

Reuters has learned that Suntech, according to a source with direct knowledge of the matter, has launched its own internal investigation into the matter.

Shi's rise and fall speak to the volatile nature of the renewable-energy industry. For all the environmental promise it may hold, the industry has been to date "a $25 billion mechanism to extract subsidies from Western European and North American governments," said Michael Parker, senior analyst at Sanford C. Bernstein & Co.

The industry has made significant gains in driving down the cost of solar energy over the last five years ? gains Shi himself had confidently predicted would come. Still, it remains highly dependent on subsidies at a time when governments are under pressure to slash spending.

In China, the government's decade-long promotion of the industry - at the national level from Beijing, and in scores of provinces and cities - has left production capacity at levels that far outstrip demand.

A "SEED" OF THE PARTY

In March 2011, Shi welcomed party secretary Yang Weize to Suntech's splashy new headquarters in Wuxi. "Suntech," Shi said in a speech, "is a seed sown by the Communist Party of the Wuxi government."

For shareholders in China's solar sector, it's a seed gone bad. Direct government support, of the sort Wuxi gave to Suntech, has been replicated across China. Chinese solar companies, such as LDK Solar and Yingli Green Energy, relied on subsidized financing over the last decade as they, too, built out capacity.

As the industry reels, the same local governments that helped build up the biggest companies are bailing them out.

China's aggressive support for renewables had powerful ripple effects abroad. The fierce price competition from Chinese solar makers, plagued now by overcapacity, has led to disputes with Beijing's largest trading partners.

The United States last year slapped anti-dumping duties on solar cells imported from China. The European Commission said on May 8 it would take similar action. Europe accounts for half of the global demand for solar panels. Both Washington and Brussels accuse the Chinese of selling panels below cost.

China's aggressive backing of the industry added pressure on other countries, including the United States, to follow suit. That has occasionally backfired, as in the case of Solyndra, a Silicon Valley solar company that the U.S. backed with large loan guarantees. "We know the country that harnesses the power of clean, renewable energy will lead the 21st century," President Barack Obama declared in 2009.

Solyndra filed for bankruptcy protection in September 2011.

Whatever its future, the solar industry's present in China is, in the words of one Suntech competitor, "murderously real": overcapacity, vicious price wars, trade conflict, bond defaults, bankruptcies. And now, government bailouts of flailing companies - something that may yet rescue Suntech, if Wuxi gets its way.

THE RISE

Born on a small island in the Yangtze River, Shi excelled in school. He was in the first wave of young Chinese students to study abroad when China began sponsoring students for overseas study following the opening policy of late Chinese leader Deng Xiaoping in 1978.

Shi was selected to pursue graduate studies abroad after getting a degree in optical science from Changchun University of Science and Technology in 1983 and a master's at the Shanghai Institute of Optics and Fine Mechanics in 1986.

He thought he was going to the United States. But the Shanghai Institute instead sent him to Australia - a country, he would later joke, "I couldn't then pick out on a map" - to pursue a Ph.D. in electrical engineering.

At the University of New South Wales in Sydney, Shi balanced a low-key affability and an obvious desire to succeed. He and a few fellow graduate students went in on a used car together. "You could always tell when Zhengrong was the last person to drive it," said classmate Michael Taouk, "because there'd be a self-help tape like the 'Seven Habits of Highly Successful People' left in the tape deck."

He blew through the Ph.D. program in just two and half years, becoming an Australian citizen along the way - one of thousands of Chinese students to be granted passports in the wake of the Tiananmen crackdown in 1989.

The most important person Shi met at the University was Martin Green, then and now one of the world's preeminent solar energy researchers. One afternoon in 1989, Shi knocked on Green's door. "(I was) very lucky, he was in the office," Shi recalled later.

In 1995, Green made Shi deputy research director of a university spin-off that was developing next generation solar technology. Shi was content working with one of the top brains in the field, until the officials from Wuxi came calling. Green declined to comment for this story.

CHINA INC.

Lured by the promise of government-backed capital to start a new company, Shi returned to China in 2000. He wrote a 200-page business plan in a week's time. "I had never written a business plan, I was so impressed with myself," he said in 2010. He got $6 million from companies controlled by the Wuxi government, giving them 75 per cent of the company. Shi kicked in $400,000 - mainly from other Chinese backers, according to ex-colleagues - and Suntech was born.

With governments around the world alarmed by the prospect of global warming, renewable energy was heating up - solar in particular. Demand from Europe soared on the back of luxuriant subsidies, and Suntech's sales and profits began to rise.

Shi openly acknowledges the local party secretary in Wuxi, Yang Weize, always had his back. Yang helped Suntech secure loans from state-owned banks to expand production as demand increased, according to people familiar with the matter. At the 2010 speech in Sydney, Shi called Yang one of his "saviors", noting he was likely to be "promoted very soon". He was right. Three months later, Yang became the party secretary of Nanjing, the provincial capital of Jiangsu.

Yang and Wang were unavailable for comment.

From the government's standpoint, Suntech provided jobs for the local population, tax revenue for the local government - key metrics by which the Party evaluates local officials in China -and raised billions of dollars from local banks.

In the mid-2000s, Shi got into a dispute over Suntech's strategy with some of the board members who represented government-owned companies with founding stakes in Suntech. The city's top local officials backed Shi. Just before Suntech went public in New York, he bought the stakes of the other founding shareholders.

From that moment on, Shi later told an interviewer, "I felt free."

For a time everyone was happy. In December of 2005, Suntech became the first privately-owned company from China to list on the New York Stock Exchange, raising $400 million in equity. In 2006, Central China Television named Shi "entrepreneur of the year," and flew in Professor Green to present his student with the award.

By 2009, Suntech had become the world's largest solar-panel maker, with annual capacity of 1,000 megawatts (MW), enough to power one million U.S. homes. Various celebrities came to pay homage to Shi, including former U.S. vice president, Nobel Prize winner and climate-change evangelist Al Gore.

Some former colleagues believe the attention went to Shi's head - that with the government's backing he thought he could do no wrong. Samuel Yang was involved in Suntech's start-up and is now chief executive officer of solar-panel maker Haeron Solar.

"Dr. Shi," he told Reuters, "was flattered to destruction. He's a scientist, not an entrepreneur."

ALL FALL DOWN

The problem for Suntech, and the entire solar industry, was that its growth model was being replicated all over China. Beijing had cited renewable energy as a key pillar in its five-year plan going back to 2006. Local government officials immediately went to work and helped create scores of new companies - 123 Chinese solar panel makers were in business by the end of 2010.

Capacity rocketed from virtually nothing a decade ago to 45 gigawatts now. Many operators - Suntech most prominently - managed on the assumption that the global gravy train of subsidies creating demand for panels would never end.

In late 2008 the U.S. financial crisis erupted. Europe's own debt crisis soon followed. Yet from 2009 to 2012 Shi expanded Suntech's capacity relentlessly: from 1,000 MW to 2,400 MW. He funded it with mostly short-term debt from local banks, totaling $1.57 billion by March 2012. The company's equity at the same point was just $803 million.

Shi had the backing of the Wuxi government headed by Yang Weize. No banker, in other words, was going to say no to the "Sun King".

Trouble followed. By the beginning of 2012, Suntech was struggling under mounting losses in a saturated industry. Shi found himself increasingly at odds with his own board, in part over financial transactions that board members feel still have not been satisfactorily explained, industry sources said.

One of the biggest was Suntech's partnership with GSF Capital Pte Ltd, which Suntech described in a 2012 filing with the U.S. Securities and Exchange Commission as "an entity owned by Javier Romero and his wife". Romero was a former Suntech agent in Spain. The partnership formed a joint venture called Global Solar Fund Sicar that mainly specialized in developing solar projects in Italy that use Suntech's panels.

Suntech owned 79 percent of the joint venture, Shi had 11 percent and GSF Capital, held the remaining 10 percent, according to the SEC filing.

The venture was financed with a 554 million euro loan from China Development Bank, which often provides money for strategic projects. The bank demanded Suntech provide collateral for the loan. Suntech, however, did not want to book the liability on its already deteriorating balance sheet. So GSF Capital stepped in - or said it did, at least - by putting up 560 million euros in German government bonds as collateral. Suntech, in turn, guaranteed the loan from China Development Bank.

Last August, Suntech announced that GSF had defrauded it by failing to post the bonds, which meant Suntech now had to make good on the loan guarantee, Suntech said in a filing with the SEC. Its stock plunged more than 37 percent in the days following the announcement, and Shi stepped down as chief executive.

In March of this year, Suntech's board forced Shi out as chairman two weeks before its Wuxi unit filed for bankruptcy protection. Suntech also settled the dispute with GSF Capital in March. As part of the settlement, GSF Capital sold its 10 percent stake in GSF Sicar to Suntech and Shi. A source close to Suntech says Suntech is seeking to sell its stake in the fund in order to help pay down debt.

U.S. shareholders in Suntech, upset over what they allege were misleading disclosures about the joint venture with GSF, are pursuing a class action suit in the U.S. District Court, Northern District of California against Shi and several Suntech board members, according to a copy of the suit seen by Reuters,

Shi also faces an internal investigation at Suntech that began after he stepped down as executive chairman, according to a source with direct knowledge of the matter. The probe focuses on transactions between Suntech and one of its polysilcon suppliers, Asia Silicon Co. Ltd., of which Shi owns more than 90 percent. Polysilicon is a feedstock for solar cell and panel manufacturing.

That company is also the focal point of a lawsuit filed last December in the U.S. District Court, Northern District of California by a Suntech shareholder, Kent Ji. The suit, against Shi and four other current or former board members, alleges Suntech has been purchasing polysilicon at terms advantageous to Asia Silicon, which Shi co-founded in 2006.

In its regulatory filings, Suntech did not disclose the owners of the company, describing Asia Silicon as a private, independently owned company.

Ji's suit alleges that Suntech had given Asia Silicon interest-free loans and advance payments that benefited Shi at the expense of Suntech's minority shareholders. The suit says Suntech awarded a $1.5 billion, 16-year "take or pay" contract to Asia Silicon in January 2007, even though the company did not deliver any polysilicon to Suntech until the first half of 2009.

Ji's attorney declined to comment. Attorneys for Shi and Suntech did not respond to inquiries.

Chinese solar-industry executives told Reuters it was common for solar module manufacturers to lock in long-term "take-or-pay" contracts in those years. Under these agreements, the buyer either takes delivery of the product or pays a certain amount not to. It seemed like a good bet: Polysilicon prices were surging on supply shortages and soaring European demand for Chinese solar modules at the time.

END GAME

Whether Shi has any future with the company he created is unclear. Whether Suntech can survive China's solar eclipse is equally uncertain. The Wuxi government that Shi was so tightly linked to is trying to maintain Suntech's production capacity - and the thousands of local jobs it accounts for. A March 21 Suntech statement said "the primary goal" of the court-appointed administrators of the company "is to restructure Wuxi Suntech's debt obligations while continuing production and operations."

The central government, acknowledging the industry is overbuilt, wants capacity to be cut. Suntech's size may enable it to survive the shakeout if it can work out debt relief from its creditors. Others in the industry believe its assets would best be sold off to companies with healthier balance sheets.

In 2010, after his speech in Sydney, a student asked Shi if he was worried about the increasing competition in China. "Any new industry will attract a lot of speculators," he said. "When the dust settles, some of the players will be washed away, and sustainable companies will emerge."

(Additional reporting by David Lin in SHANGHAI, and Jane Wardell in SYDNEY; Editing by Bill Tarrant)

Source: http://news.yahoo.com/special-report-rise-fall-chinas-sun-king-000953423.html

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