November 2011

China, Japan Join Hands in Energy Conservation Efforts

November 28, 2011

(MENAFN – Qatar News Agency) China and Japan inked agreements to join hands on 51 projects in energy conservation and environment protection at a business forum held here on Saturday, the latest …

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Daewoo E&C wins deal to build thermal power plant in Nigeria

November 28, 2011

(MENAFN – Qatar News Agency) Daewoo Engineering & Construction Co. (Daewoo E&C), South Korea’s fourth-largest builder, said Sunday that it has signed a US$723 million deal to set up a thermal power …

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Black Friday Shoppers Ignore Dying Man Collapsed On Shop Floor

November 28, 2011

A Black Friday shopper who collapsed while shopping at a Target store in West Virginia went almost unnoticed as customers continued to hunt for bargain deals. Walter Vance, the 61-year-old pharmacist, who reportedly suffered from a prior heart condition, later died in hospital, reports MSNBC . Witnesses say some shoppers ignored and even walked over the man’s body as they continued to shop, reports The Daily News . Friends and co-workers saddened to learn of his death, expressed outrage over the way he was treated by shoppers. “Where is the good Samaritan side of people?” Vance’s co-worker Sue Compton told WSAZ-TV . “How could you not notice someone was in trouble? I just don’t understand if people didn’t help what their reason was, other than greed because of a sale.” Gawker points out there is no legal obligation to come to someone’s rescue, only a moral one. While some news organizations say that no one helped the collapsed man, his wife refuted this report. Lynne Vance said six nurses shopping in the store came to her husband’s rescue and performed CPR until paramedics arrived, notes the Sunday Gazette Mail . This wasn’t the only incident to taint America’s biggest shopping day. While one customer sprayed fellow shoppers with pepper spray so she could snag a video game, another scenario involved an exhausted Target worker accidentally driving her car into a canal after working the Black Friday midnight shift.

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Occupy Philly Deadline Passes

November 28, 2011

PHILADELPHIA — A deadline set by the city for Occupy Philadelphia to leave the site where it has camped for some two months passed without scuffles or arrests as police watched nearly 50 demonstrators lock arms and sit at the entrance of Dilworth Plaza. The scene outside City Hall was far different from encampments in other cities where pepper spray, tear gas and police action resulted in the removal of long-situated demonstrators since the movement against economic disparity and greed began with Occupy Wall Street in Manhattan two months ago. Occupy Philadelphia has managed to avoid aggressive confrontations so far, and on Sunday night there was hope the City of Brotherly Love would continue to be largely violence-free. “Right now, we have a peaceful demonstration,” said Philadelphia Police Chief Inspector Joe Sullivan, nearly 45 minutes after the 5 p.m. deadline. Along the steps leading into the plaza, nearly 50 people sat in lines, their arms linked, refusing to leave. A police presence was heavier than usual but no orders to leave had been issued. The mood was upbeat in the hours before the evening deadline, with groups playing music and singing hymns. A few dozen tents remained scattered on the plaza, along with trash, piles of dirty blankets and numerous signs reading, “You can’t evict an idea.” “We can definitely claim a victory,” said Mike Yaroschuk, who was in the process of dismantling his tent. “We’ve opened a lot of minds, hearts and eyes.” Yaroschuk said he was leaving the plaza not because of the city-issued deadline but because of a request by unions whose workers will be involved in the long-planned construction project there in the coming weeks. He said Occupy’s efforts to draw attention to economic inequality and corporate influence on government were more important than its physical location. “This place is not a key battle for me … This is a marathon, not a sprint,” he said. Elsewhere on the East Coast, eight people were arrested in Maine after protesters in the Occupy Augusta encampment in Capitol Park took down their tents and packed their camping gear after being told to get a permit or move their shelters. Protesters pitched tents Oct. 15 as part of the national movement but said Sunday they shouldn’t have to get a permit to exercise their right to assemble. Occupy leaders said a large teepee loaned by the Penobscot Indians and a big all-weather tent would stay up. The Augusta arrests came when police say people jumped a waist-high, wooden fence on the governor’s mansion lawn and some climbed a portico to the building and unfurled an Occupy banner. As many as 50 protesters, some holding signs and beating a drum, gathered near the Blaine House gates. In Los Angeles, another deadline was getting closer, too, for hundreds of demonstrators to abandon their weeks-old Occupy Los Angeles protest. Although city officials have told protesters they must leave and take their nearly 500 tents with them by 12:01 a.m. Monday, just a handful were seen packing up Sunday. Instead, some passed out fliers containing the city seal and the words: “By order of Mayor Antonio Villaraigosa, this notice terminates your tenancy and requires you to attend the Occupy L.A. Eviction Block Party,” which the fliers’ said was scheduled for 12:01 a.m. Others attended teach-ins on resistance tactics, including how to stay safe should police begin firing rubber bullets or breaking out tear gas canisters and pepper spray. Back in Philadelphia, Steve Venus was fortifying the area around his tent with abandoned wood pallets left over from those who had already packed up. He said the $50 million construction project, including a planned ice skating rink, was not a good enough reason for Occupy Philadelphia to leave the plaza. Venus, 22, said that by enforcing the deadline, the city was essentially telling Occupy supporters “your issues are not important. The only issue that’s important is the ice skating rink.” On Friday, Mayor Michael Nutter expressed support for the movement’s ideals but said protesters must make room for the long-planned project, which they were told of when they set up camp Oct. 6. Nutter was out of town Sunday, but his spokesman reiterated that “people are under orders to move.” “We’re monitoring the situation and we expect people to leave immediately,” spokesman Mark McDonald said. Members of the governing body of Occupy Philadelphia, the general assembly, previously approved a move to a plaza across the street after union officials stressed the hundreds of jobs being created by the Dilworth reconstruction. But that vote mistakenly assumed protesters would be able to pitch tents there. Graffiti, lack of sanitation and fire hazards, including smoking in tents, were among the city’s chief concerns at Dilworth, which had about 350 tents at the height of the movement. The encampment also attracted significant numbers of homeless, although the plaza had long been frequented by that population even before the camp was established. The city did issue a permit to an Occupy Philadelphia faction called Reasonable Solutions that planned to continue demonstrating across the street beginning Monday. However, activities are limited to between 9 a.m. and 7 p.m., and no overnight camping is allowed. ___ Associated Press Writers Andrew Dalton in Los Angeles and Glenn Adams in Augusta, Maine, contributed to this story.

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Robert Kuttner: Europe on the Brink

November 28, 2011

Europe is now on the very edge of an economic abyss. And Germany is finding that it cannot survive as a smug island of fiscally conservative prosperity while the rest of Europe goes down the tubes. It is anybody’s guess whether Europe’s leaders will shift course in time. If they fail, it won’t be pretty. The fact that Germany’s fate is now more closely linked to that of its neighbors actually offers a ray of hope. Until last week, Germany had been the safe haven. As speculators pulled money out of other countries, in a bondholders’ equivalent of a run on the bank, German government debt was oversubscribed, causing interest rates on German bunds (government bonds) to fall below 2 percent. The spread between German rates and the rates that “weaker” countries had to pay to sell their bonds was treated as a precise barometer of market confidence in a given nation’s debt. For the Germans, this was a huge windfall. My friend Sony Kapoor, who directs the progressive think tank Re-Define in Brussels, calculated that Germany’s cheaper borrowing costs due to the panicky bond-market flight from nations like Greece, Italy, Spain, Portugal and Ireland saved the Germans some $26.7 billion in interests costs between 2009 and 2011, and another $20 billion in low-interest bonds already locked in for the future. (It is no accident that the word Schadenfreude — translated as joy at another’s misfortune — is a uniquely German coinage.) But then on Thursday, as Americans were taking a day off for Thanksgiving, the unthinkable happened. Germany had trouble selling its bonds. The bond market, in its panic, was fleeing even the safest haven. Europe is now approaching a Lehman Brothers moment, where nobody trusts anybody else’s promise to repay a debt. Not to be joyful at another’s misfortune — the crisis will keep cycling back to haunt the United States — but the fact that contagion has now reached German shores is more than poetic justice. The European Central Bank, with its concern for fiscal discipline and price stability über alles , operates with a deeply Teutonic soul. It is the tribal successor to the German Bundesbank, the most risk-averse and inflation-phobic of all central banks. This view, however, is no virtue when the greater peril is general panic and deep deflation. In 1873, the British financial journalist Walter Bagehot pointed out that the Bank of England kept the banking system functioning by serving as a lender of last resort in times of crisis. This is what the European Central Bank refuses to do. Or, to be more precise, the ECB, despite its qualms, is now shoveling money at commercial banks but will not support national bond markets. That tells you something about who really runs the show — bankers. This double standard also reflects German policy preferences. Better to teach a lesson to nations in fiscal distress, even if the consequence is to drag down the entire European economy. But now that turkey of a policy has come home to roost. Whatever its other failings, and they are legion, our own Federal Reserve under Ben Bernanke has not been shy about buying the securities of both shaky banks and the U.S. Treasury. Had the Fed failed to do so, our economy would be even further under water. Bernanke’s failing has been in the regulatory side. He is still far too trusting of markets. The European Summit of Oct. 26, with its offer of partial debt relief for Greece and a new pot of borrowed funds for beleaguered European banks, might as well have happened in the 19th century. The crisis has now moved to a whole other phase, where the remedies that looked adequate even a month ago (and were not) are not impressing panicky money markets. Many mainstream critics argue that the European Central Bank should stop dithering and support sovereign bond markets. Others go further and call for a common European fiscal policy and common European sovereign bonds. Still others contend that the Euro was doomed from the start; putting Greece and Italy in the same currency with Germany and the Netherlands was never a good idea, because this denies countries with weak economies of temporary crises the option of devaluing. All of these criticisms have some merit, yet all miss the deeper point. Once we get through the management of the immediate panic — which is not yet assured — we need to treat the deeper disease. This crisis occurred because bankers and shadow bankers (such as the hedge funds that are betting against Europe’s bonds) have too much power . Bankers had too much power when they invented the highly leveraged toxic securities that caused the collapse, and now they have too much power over the fate of entire nations as political leaders seek to clean up the mess that the bankers made. The ability of governments to finance their debts should not be dependent on the caprices of private speculators. Does that sound crazy? It was national policy in the U.S. in the 1940s, when the Federal Reserve pegged the rate on government bonds, and it was international policy in the 1950s and 1960s during the Bretton Woods era — a period of high growth and broadening prosperity. There is no shortage of technical ways out of this crisis. But the political precondition to all of them is to dethrone the rule of the bankers. Robert Kuttner is co-editor of The American Prospect and a senior fellow at Demos. His latest book is A Presidency in Peril .

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Shoppers Visit Stores In Record Numbers

November 27, 2011

More Americans hunted for bargains over the weekend than ever before as retailers lured them online and into stores with big discounts and an earlier-than-usual start to the holiday shopping season. A record 226 million shoppers visited stores and websites during the four-day holiday weekend starting on Thanksgiving Day, up from 212 million last year, according to early estimates by The National Retail Federation released on Sunday. Americans spent more, too: The average holiday shopper spent $398.62 over the weekend, up from $365.34 a year ago. Art and Anna Destrada from Port Chester, N. Y., were among the holiday shoppers. They started shopping on Thanksgiving evening at a Walmart store, went to various malls in New Jersey on Friday, and got some deals at Macy’s on Saturday. They spent a total of $2,000 on gifts for themselves and others, including a Wii videogame console, clothing and jewelry. “We’ve saved for Christmas and put away money all year,” says Anna Destrada, 49. “We stayed within our means so we can make a few splurges.” The results for the first holiday shopping weekend show that retailers’ efforts to lure shoppers during the weak economy are working. Some like Wal-Mart Stores Inc. and J.C. Penney have been making a stronger push online to better compete with the likes of rival Amazon.com. And major chains like Macy’s, Target, Best Buy extended the traditional start to the shopping season by opening their doors at midnight on Thanksgiving evening instead of the pre-dawn Friday hours of years past. But the question remains whether retailers’ will be able to hold shoppers’ attention throughout the remainder of the season, which can account for 25 to 40 percent of a merchant’s annual revenue. After all, Americans are still very driven by deep discounting and they’re more conscious of their spending budgets. Overall, holiday spending is expected to grow by a modest 2.8 percent to about $466 billion, according to the NRF. A fuller picture on spending will come Thursday when major retailers report their November sales figures. But for now, experts agree that retailers will likely have to continue to discount to get shoppers to spend. “The big question is: How do you close the season?” says Hana Ben-Shabat, a partner at A. T. Kearney’s retail practice. “This is a very promotional driven shopper.” Indeed, the earlier hours – which meant earlier door-buster deals – on Black Friday seemed to be what drew many shoppers in over the weekend, particularly the younger crowd. According to the National Retail Federation, 24 percent of Black Friday shoppers were at stores at midnight. That’s up from 9.5 percent the year before when only a few stores were open during that time. Of those shopping at midnight on Black Friday, 37 percent were in the 18-to-34 age group. “Black Friday has evolved from an early morning shopping activity to a late night entertainment,” says Ellen Davis, spokeswoman at The National Retail Federation. “A lot of people stayed up until 1 a.m. or 2 a.m. to go shopping, and then went to bed.” The remainder of the day went well, too. Mall of America, the nation’s largest mall, broke its Black Friday record with about 210,000 shoppers. And Taubman Centers, which manages or leases 26 shopping centers in 13 states, says sales were up anywhere from mid- to low double digits on Friday, compared with a year ago. Overall, Black Friday sales were $11.4 billion, up 7 percent, or nearly $1 billion from the same day last year, according to a report by ShopperTrak, which gathers data from 25,000 outlets across the country. It was the largest amount ever spent on that day and the biggest year-over-year increase since 2007. Additionally, customer counts climbed 5.1 percent that day compared with a year ago. Online shopping on Black Friday was especially strong. Research firm comScore reported on Sunday that online spending jumped 26 percent on Black Friday to $816 million, compared with $648 million on the same day a year ago. Some experts worry the strong start will cannibalize sales during the remainder of the season. Indeed, many people who headed to the malls after Black Friday weren’t spending. At the Crabtree Valley Mall in Raleigh, N.C., it was busy on Saturday, but many shoppers did not have bags. Likewise, at Pioneer Place mall in Portland, Ore., on Saturday, a number of shoppers were doing more window-shopping for the best deals than actual buying. David Van Veen, 25, for one, says he was looking for deals on work clothes. But he says he’ll likely wait to get gifts and other holiday items – perhaps when the deals are better – later in the season. “I’ll wait until Dec. 23 to start shopping I think,” he says. ____ Retailer Writers Christina Rexrode in Raleigh, N.C., and Sarah Skidmore in Portland, Ore., contributed to this report.

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Charles Rothstein: American Midwest Deserves Another Look

November 27, 2011

I recently attended a great conference for venture investors and managers where the main topic seemed to be the importance of investing in capital-starved or emerging markets, thereby garnering favorable terms amid low competition for the best deals. Around the room, West Coast managers nodded their heads in agreement… only to return to their Sand Hill Road offices and continue investing in the most competitive venture capital market in the country. And the limited partners in attendance? Many admitted they agreed with the premise of deal-sourcing in emerging markets but in practice keep their money in the traditional coastal players they’ve always backed. So is the idea of investing in capital-poor markets actionable? Many international emerging markets require investors to hedge currency risks, political landmines and the challenges of opening up Western markets once the product or service takes off. Fortunately, there’s a region with many characteristics of an emerging market but that trades in the U.S. dollar and is openly accessible to the world’s largest consumer markets — the United States’ own Midwest. I run a venture capital firm in Michigan, a state that has the resources, heritage and fundamentals to prosper in the new economy but is currently limited by its lack of capital. According to CNBC’s 2011 “America’s Top States for Business” Rankings, Michigan is among the top ten most innovative and technologically advanced states yet ranks a lowly 31st in “access to capital,” a startling disparity compared to other top technology and innovation states: Our Midwest neighbor states are in similar but less drastic predicaments, making the entire region prime for venture investors and limited partners looking for opportunity. On average, Midwest venture-capital investments yield a premium over investments in the top venture markets; Midwest companies are more capital efficient as they do not need as much capital to grow as companies operating in other venture markets: The Midwest has the infrastructure and workforce to compete in new economy sectors, such as clean technology, information technology, life sciences/health care and advanced manufacturing. Now we need venture limited partners and managers to recognize the opportunity. Certainly a few firms are already profiting: the biggest Internet IPOs of the past three months will both be Midwest-based — Angie’s List of Indianapolis and Groupon of Chicago. Will the rest of my friends from the coasts, both limited partners and venture investors, do more than just nod heads at a conference when thinking about the Midwest as an “emerging market” and join us here?

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John Lundberg: Chrysler Taps a Poem to Promote its ‘Tough’ Image

November 27, 2011

Nothing says toughness like deep voiceovers, portraits of blue-collar Americans, and football. So the brains behind Chrysler’s critically acclaimed new ad campaign have excelled by incorporating gritty, steel-toned Detroit street scenes with an Ajax of a football player named Ndamukong Suh. But their latest ad , which premiered during this past week’s football broadcast, went out on a limb, featuring a poem by former Michigan poet laureate Edgar Guest. When you’re up against a trouble, Meet it squarely, face to face; Lift your chin and set your shoulders, Plant your feet and take a brace. When it’s vain to try to dodge it, Do the best that you can do; You may fail, but you may conquer, See it through! Black may be the clouds about you And your future may seem grim, But don’t let your nerve desert you; Keep yourself in fighting trim. If the worst is bound to happen, Spite of all that you can do, Running from it will not save you, See it through! Even hope may seem but futile, When with troubles you’re beset, But remember you are facing Just what other men have met. You may fail, but fall still fighting; Don’t give up, whate’er you do; Eyes front, head high to the finish. See it through! Sadly, Suh, Chrysler’s other spokesman, did not “see it through” on Thursday. In a fit of fury, he smashed an opponent’s head into the turf three times then stomped on his arm, earning himself an ejection. After the game, Suh — quite remarkably — denied that he’d done anything wrong. His comments bring to mind these other lines by Guest: “Here’s to the men, the perfect men! Who never are at fault.” Guest was being ironic; Suh was not. Guest, at least, should prove a great choice by Chrysler. He lived most of his life in Detroit and lived out a great American story. His family emigrated from England in 1891 when he was 10 years old, and he became an American citizen in 1902. He worked his way up from copyboy to reporter at the Detroit Free Press , and eventually became a radio and TV star. He considered himself a newsman first, but his simple, sentimental poems were hugely popular in the early 20th century. Here’s an excerpt from one of his best-known poems, “Thanksgiving”: Give me the end of the year an’ its fun When most of the plannin’ an’ toilin’ is done; Bring all the wanderers home to the nest, Let me sit down with the ones I love best, Hear the old voices still ringin’ with song, See the old faces unblemished by wrong, See the old table with all of its chairs An’ I’ll put soul in my Thanksgivin’ prayers. You can read more of Guest’s poetry here .

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Black Friday Online Sales Make Big Jump

November 27, 2011

By Alistair Barr (Reuters) – Online retail sales in the United States on the post-Thanksgiving shopping day known as “Black Friday” jumped 26 percent this year, led by Amazon.com Inc , ComScore said on Sunday. Black Friday online sales reached $816 million, making it the heaviest spending day on the Internet so far in 2011, according to ComScore, a closely watched tracker of Internet activity. Year-over-year growth on Black Friday in 2010 was 9 percent, so this year’s 26 percent sales increase online was much stronger, the firm also noted. Bricks-and-mortar retailers offered big Black Friday discounts much earlier this year and some companies opened stores late on Thanksgiving for the first time, hoping to grab more of the action on what is a crucial shopping day for the industry. That sparked some speculation that online retailers may lose some sales, but ComScore said that did not happen. “With brick-and-mortar retail also reporting strong gains on Black Friday, it’s clear that the heavy promotional activity had a positive impact on both channels,” ComScore Chairman Gian Fulgoni said. Fifty million Americans visited online retail sites on Black Friday, representing an increase of 35 percent versus a year ago, ComScore data showed. Each of the top five retail websites saw double-digit gains in visitors versus last year, led by Amazon.com. Wal-Mart ranked second, followed by Best Buy , Target and Apple , ComScore said. “Amazon.com once again led the pack, with 50 percent more visitors than any other retailer, while also showing the highest growth rate versus last year,” Fulgoni said. Fulgoni forecast another record for online sales on Cyber Monday, which is traditionally the first day after Thanksgiving when employees return to offices and purchase items with their work computers. Last year, Cyber Monday sales topped $1 billion, making it the heaviest day of online spending ever, according to ComScore. (Reporting by Alistair Barr; Editing by Dale Hudson) Copyright 2011 Thomson Reuters. Click for Restrictions .

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WATCH: Store Closes For 2 Hours After Black Friday Crowds Get Pushy

November 27, 2011

A store in a suburban Chicago shopping mall closed for two hours Friday morning after people and merchandise alike were knocked to the ground during what police called a “mass push of bodies.” The Pink store at Orland Square Mall in Orland Park, Ill., attracted around 100 people who waited outside the stores to await the 4 a.m. start of their Black Friday sale , the Chicago Sun-Times reports. When Orland Park Police received 911 calls from customers who were being knocked to the ground inside the store. The store, a spinoff of Victoria’s Secret geared toward teenage girls and young women, was forced to close for about two hours , according to NBC Chicago. When the store re-opened after some cleaning up, mall security set up ropes and barricades to help control the crowd of shoppers swarming for deals. No arrests, injuries or stolen goods were reported from the scene. Orland Park Police Cmdr. John Keating told the Chicago Tribune ” we are very lucky there were no injuries .” “They didn’t anticipate the volume of shoppers that showed up for their sale,” Keating added. Representatives from neither the store nor the mall returned calls from both the Tribune and Sun-Times requesting comment on the incident.

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Mark Taylor-Canfield: Frustrated With Cuts To Public Services And Safety, Washingtonians March With Occupy Movement To Capitol

November 27, 2011

With their camp of more than 100 tents in jeopardy of being evicted from its current site, Occupy Seattle has endorsed a proposal to send folks to the state capitol where organizations from all over Washington will converge to fight state budget cuts on Nov. 28 . Although Seattle Central Community College president Paul Kilpatrick has asked them to leave the campus, Occupy Seattle is not discouraged. In spite of this major challenge to their movement, they are still encouraging participants to go to Olympia for the demonstrations. Planned are music in the park, parades in the streets and protests at the state capitol building in Olympia. Labor unions, Occupy Wall Street groups, community organizations, teachers, nurses and firemen will join forces to challenge the state legislature. Occupy Olympia has already set up their encampment on the state capitol campus and they will be joined by occupy groups from communities statewide. A special session of the legislature has been called for by Governor Christine Gregoire in order to deal with a multi-billion dollar budget shortfall. Budgets for social services, education, healthcare, transportation, and public safety are all on the chopping block. Already, thousands of disabled and drug addicted residents of Washington State have lost their monthly income because the GAU(General Assistance for the Unemployable) program was cut at the beginning of November. The result has been an increase in homelessness and crime in some urban communities. Starting November 28 more drastic cuts will be made in Olympia, affecting millions of people throughout the state. Some labor unions (including the SEIU), and many economic justice groups claim that most of the state’s debt could be wiped out through tax reforms. They claim that large corporations and the wealthiest residents of Washington are not paying their fair share. In April of this year thousands of union members and social welfare activists demonstrated at the state capitol building in solidarity with the protesters in Wisconsin. Fifteen labor union members were arrested when they tried to protest inside Governor Gregoire’s office. A group of about 100 citizens, calling themselves “Occupy Washington” decided to stage a sleep-in inside the state capitol dome. They brought sleeping bags and camping gear and refused to leave. Mothers with children, disabled and elderly folks and union organizers all slept inside the building for five nights until Governor Gregoire ordered them to be physically removed from the building by State Patrol officers and the Olympia police. But despite this temporary setback, local organizations like POWER! and the Fair Budget Coalition have continued their political fight to secure public funding for state health and welfare programs. During this current special legislative session beginning Nov. 28, a second series of demonstrations will begin. Disappointed that April’s protests failed to stop the budget cuts, groups from all around the state will be gathering in Olympia to try it again. Folks from Spokane to Port Townsend will be traveling to the state capitol to tell their legislature to find new revenue and continue state funding for vital social service programs. Legislators say they are still not interested in introducing tax reform measures during this session. They are under intense pressure from the governor to cut the budget and save the state’s financial rating. State Senators and Representatives claim there is no time to consider demands from many of the folks from the occupy movement and from the unions. What these groups want is the elimination of corporate and high income tax loopholes. By some estimates, the state loses up to eight billion dollars in potential tax revenue each year due to tax breaks for large businesses like Boeing and Microsoft, and for the wealthiest residents of the state. As a result of this intransigence by their elected representatives, unions and community groups are becoming increasingly frustrated and angry. More confrontations with law enforcement officials and another mass attempt to occupy the capitol building are both possible. The demonstrators’ intent is to be peaceful. Whether police and security guards also remain non-violent remains to be seen. Regardless of what happens Monday, the protests will continue. Another day of mass convergence on the state capitol is planned for December 3. Mark Taylor-Canfield is a musician, activist and citizen journalist based in Seattle. If you would like to contribute as a citizen journalist to The Huffington Post’s coverage of American political life, please sign up at www.offthebus.org .

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Stores Aim To Continue Shopping Momentum After Black Friday

November 27, 2011

NEW YORK (Phil Wahba and Jessica Wohl) – U.S. retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday, hoping to avoid a drop after Black Friday and keep the momentum going during a fitful economic recovery. After featuring the usual deep discounts on Thanksgiving on Thursday and on Friday, retailers were still offering bargains on Saturday as holiday spending is expected to show only about half the growth of last year. The holiday shopping season that traditionally kicks off on Black Friday – the biggest day of the year for retailers – is closely watched by investors as consumer spending accounts for about 70 percent of the U.S. economy. Initial signs were encouraging. ShopperTrak, which measures retail traffic, estimated that sales rose 6.6 percent on Friday compared with a year earlier. But in 2010 retailers also got off to a strong start to the holidays, only to see a sharp and quick falloff. The National Retail Federation expects holiday retail sales to rise 2.8 percent this year, down from 5.2 percent growth in 2010. That means an even tougher battle for market share. “Everybody is fighting for the same consumer,” said Laura Gurski, a partner at management consulting firm A.T. Kearney. Those consumers included Alison Shartrand, a Boston-based accountant who visited clothing retailer Aeropostale’s store on Times Square. “I’m only going to shop if there are deals … the cheaper the better,” she said. Aeropostale Inc, said on its website everything was 50 to 70 percent off in its “Saturday Blowout.” At a Gap Inc store in New York’s Times Square, everything at the clothing retailer was 60 percent off on Saturday. “That’s the name of the game now – promote, promote, promote,” said David Bassuk, managing director of consultancy AlixPartners LLP. “They’ve got to keep it coming.” STRIKING THE RIGHT BALANCE Neighborhood shops – often undercut and overwhelmed by big chain stores and warehouse clubs – showcased their own efforts during “Small Business Saturday” promoted by American Express and others. President Barack Obama was among those shopping at local shops in Washington. The hunt for bargains turned ugly at some stores on Friday. One of the most outrageous incidents was at a Walmart store in the Los Angeles area, where up to 20 people were hurt when a woman used pepper spray to get the edge on other shoppers rushing for Xbox game consoles. She turned herself in to police on Saturday. The tough economy, coupled with smart phones that allow for fast comparison of prices, mean the pressure to offer consumers something special and affordable is intense. “We have put together an entire promotional program for the whole season so we don’t shoot all our bullets on the day after Thanksgiving,” Jamie Brooks, senior vice president of retail services for Sears Holdings, told Reuters on Friday. Deep discounts alone may not be enough. The Black Friday campaign by department store chain Macy’s Inc featured an ad with teen singer Justin Bieber and exclusive products will be a focus of its holiday promotions. Retailers are also trying to strike the right balance between not having too much inventory that must later be sold at profit-draining discounts and making sure they do not anger customers by running out of popular items. “The most important thing to our customers is when we see something in an ad and come into the store, we have to have it,” said J.C. Penney Co Inc executive Mike Thielmann. Online shopping soared on both Thanksgiving and Black Friday, suggesting that Cyber Monday – the biggest online shopping day of the year – could be a banner day for retailers with the right mix of discounts, special offers and the now commonplace free shipping. IBM Smarter Commerce, a software and services company for retailers, said online sales rose 39.3 percent on Thanksgiving and 24.3 percent on Black Friday, with robust growth in searches and sales on mobile phones and tablets. Copyright 2011 Thomson Reuters. Click for Restrictions .

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How Did Black Friday Get So Violent?

November 27, 2011

NEW YORK — Pepper-sprayed customers, smash-and-grab looters and bloody scenes in the shopping aisles. How did Black Friday devolve into this? As reports of shopping-related violence rolled in this week from Los Angeles to New York, experts say a volatile mix of desperate retailers and cutthroat marketing has hyped the traditional post-Thanksgiving sales to increasingly frenzied levels. With stores opening earlier, bargain-obsessed shoppers often are sleep-deprived and short-tempered. Arriving in darkness, they also find themselves vulnerable to savvy parking-lot muggers. Add in the online-coupon phenomenon, which feeds the psychological hunger for finding impossible bargains, and you’ve got a recipe for trouble, said Theresa Williams, a marketing professor at Indiana University. “These are people who should know better and have enough stuff already,” Williams said. “What’s going to be next year, everybody getting Tasered?” Across the country on Thursday and Friday, there were signs that tensions had ratcheted up a notch or two, with violence resulting in several instances. A woman turned herself in to police after allegedly pepper-spraying 20 other customers at a Los Angeles-area Walmart on Thursday in what investigators said was an attempt to get at a crate of Xbox video game consoles. In Kinston, N.C., a security guard also pepper-sprayed customers seeking electronics before the start of a midnight sale. In New York, crowds reportedly looted a clothing store in Soho. At a Walmart near Phoenix, a man was bloodied while being subdued by police officer on suspicion of shoplifting a video game. There was a shooting outside a store in San Leandro, Calif., shots fired at a mall in Fayetteville, N.C. and a stabbing outside a store in Sacramento, N.Y. “The difference this year is that instead of a nice sweater you need a bullet proof vest and goggles,” said Betty Thomas, 52, who was shopping Saturday with her sisters and a niece at Crabtree Valley Mall in Raleigh, N.C. The wave of violence revived memories of the 2008 Black Friday stampede that killed an employee and put a pregnant woman in the hospital at a Walmart on New York’s Long Island. Walmart spokesman Greg Rossiter said Black Friday 2011 was safe at most of its nearly 4,000 U.S. stores despite “a few unfortunate incidents.” Black Friday – named that because it puts retailers “in the black” – has become more intense as companies compete for customers in a weak economy, said Jacob Jacoby, an expert on consumer behavior at New York University. The idea of luring in customers with a few “doorbuster” deals has long been a staple of the post-Thanksgiving sales. But now stores are opening earlier, and those deals are getting more extreme, he said. “There’s an awful lot of psychology going on here,” Jacoby said. “There’s the notion of scarcity – when something’s scarce it’s more valued. And a resource that can be very scarce is time: If you don’t get there in time, it’s going to be gone.” There’s also a new factor, Williams said: the rise of coupon websites like Groupon and LivingSocial, the online equivalents of doorbusters that usually deliver a single, one-day offer with savings of up to 80 percent on museum tickets, photo portraits, yoga classes and the like. The services encourage impulse buying and an obsession with bargains, Williams said, while also getting businesses hooked on quick infusions of customers. “The whole notion of getting a deal, that’s all we’ve seen for the last two years,” Williams said. “It’s about stimulating consumers’ quick reactions. How do we get their attention quickly? How do we create cash flow for today?” To grab customers first, some stores are opening late on Thanksgiving Day, turning bargain-hunting from an early-morning activity into an all-night slog, said Ed Fox, a marketing professor at Southern Methodist University in Dallas. Midnight shopping puts everyone on edge and also makes shoppers targets for muggers, he said. In fact, robbery appeared to be the motive behind the shooting in San Leandro, about 15 miles east of San Francisco. Police said robbers shot a victim as he was walking to a car with his purchases around 1:45 a.m. on Friday. “There are so many hours now where people are shopping in the darkness that it provides cover for people who are going to try to steal or rob those who are out in numbers,” Fox said. The violence has prompted some analysts to wonder if the sales are worth it, and what solutions might work. In a New York Times column this week, economist Robert Frank proposed slapping a 6 percent sales tax on purchases between 6 p.m. on Thanksgiving and 6 a.m. on Friday in an attempt to stop the “arms race” of earlier and earlier sales. Small retailers, meanwhile, are pushing so-called Small Business Saturday to woo customers who are turned off by the Black Friday crush. President Barack Obama even joined in, going book shopping on Saturday at a small bookstore a few blocks from the White House. “A lot of retailers, independent retailers, are making the conscious decision to not work those crazy hours,” said Patricia Norins, a retail consultant for American Express. Next up is Cyber Monday, when online retailers put their wares on sale. But on Saturday many shoppers said they still prefer buying at the big stores, despite the frenzy. Thomas said she likes the time with her sisters and the hustle of the mall too much to stay home and just shop online. To her, the more pressing problem was that the Thanksgiving weekend sales didn’t seem very good. “If I’m going to get shot, at least let me get a good deal,” Thomas said. ___ Associated Press Writers Julie Walker in New York, Christina Rexrode in Raleigh, N.C., John C. Rogers in Los Angeles and Terry Tang in Phoenix contributed to this report

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Cash-Strapped Americans Largely Swallow Price Hikes During Holidays

November 27, 2011

NEW YORK — The way Americans are chomping Big Macs, lacing up pricey sneakers and gulping peppermint mochas in this economy, you’d think they’re taking advantage of big holiday discounts. The truth is they’re paying more. McDonald’s, Nike, Starbucks and other companies initially worried that customers would run the other way when they started raising prices to offset their higher costs for ingredients, fuel and packaging. But so far, cash-strapped Americans largely have swallowed the price spikes. And they’re continuing to do so during this holiday shopping season. On a recent weekday, five full floors of shoppers in a Nike store in New York didn’t seem to mind paying more for their favorite kicks, including the almost $200 sneakers named for NBA star LeBron James. At a McDonald’s across town, people munched on Big Macs and fries that cost a dime or two more than last year. Customers also piled into a Starbucks down the street, where cappuccinos and many other specialty drinks now top $5. Timothy and Katrin Sullivan, a San Diego couple, estimate that together they spend about $100 a month on skinny caramel macchiatos and pumpkin spice lattes at Starbucks, where prices on some drinks have risen in some regions this year. As parents of five children, they worry about the economy and have cut back on travel and ball games, but so far their morning cup of joe has survived the chopping block despite the rising price. “It’s cheaper than therapy,” says Katrin Sullivan, 39. The prices Americans pay for food, travel and other things have steadily risen this year, according to government data. Prices went up 3.5 percent in October compared with the same month a year ago. At the same time, every month for the past year except one, spending grew 2 percent or more compared with the same month a year ago. That’s given retailers some cautious optimism as they try to gauge just how much more consumers are willing to pay. Pete Bensen, McDonald’s chief financial officer told analysts during the company’s earnings call that the question boils down to this: “Is the consumer in a place that we’re comfortable we can continue to add price increases?” Companies of all stripes have been asking that question a lot. In the past year, they’ve been paying more for materials like beef, corn and fuel that they use to make, package and transport their goods. A combination of poor crop yields in some parts of the world, unrest in the Middle East and greater demand from countries like Brazil and China have sent those costs up. Many costs have come down after spiking in the spring. A pound of coffee, for example, is trading at about $2.30, down from $3 in the spring. But that’s up from $2 a year ago. As a result, Starbucks Corp. this year raised the price of the packaged coffee in its stores by 17 percent. The company declines to say whether prices on brewed drinks have risen or fallen overall in the past year, since those price decisions vary by region. But generally, the Seattle chain says the prices of specialty drinks like lattes and macchiatos are more likely to have risen this year than simpler drinks. The price of a 16-ounce grande cappuccino at Starbucks costs about $4.25, up about 23 percent from $3.45 a year ago, research firm Technomic estimates. Meanwhile, a bagel went up from $1 a year ago to $1.25. That hasn’t stopped Starbucks customers from getting their coffee fix, though. Store traffic rose 6 percent in the most recent fiscal year, which ended in October. Revenue at stores open at least a year – an indicator of a retailer’s health – rose 8 percent. “We think we are in a very good spot right now,” Jeff Hansberry, who runs Starbucks’ consumer products division, said in a call with analysts this month. At Nike Inc., sales rose almost 18 percent in the three-month period through August, even though it raised prices on certain styles this year. Nike hasn’t detailed the price increases, but according to research firm SportsOneSource Group, the suggested price of a pair of this year’s version of LeBron James’ sneakers is about $170, up from about $160 last year. Nike said it expects to raise prices more broadly in the spring. “We have not seen any big price resistance at all,” Charles Denson, president of the Nike Brand, said in a call with analysts. Likewise, traffic and sales grew after McDonald’s raised prices an average of 1 percent in March and another 1.4 percent in May. In the third quarter, guest count increased 2.6 percent. Revenue at stores open at least a year rose 5 percent. (The revenue figure is a snapshot of money spent on food at both company-owned and franchised restaurants. It does not reflect corporate revenue.) McDonald’s won’t give details on which items it raised prices on, but Technomic estimates that a Big Mac costs an average of $3.39, up from $3.19 a year ago. A large order of fries is about $1.89, up from $1.79. And the company signaled that there may be more increases to come. “We will continue to evaluate additional price increases,” said Bensen, McDonald’s CFO, during a call last month. “As we look into 2012, we expect commodity cost increases in the U.S. to be similar to this year’s.” Even if the costs for some raw materials decline, companies are still expected to continue to raise prices during this holiday shopping season. That’s because costs for materials are uncertain, so companies will try to raise prices whenever they think customers will tolerate them. Still, they have to tread lightly or risk losing customers. To be sure, families have trimmed their budgets as the economy plummets. But Americans continue to spend for myriad reasons, even though prices have risen on everything from Coca-Cola soda to Huggies diapers to Ben & Jerry’s ice cream. Some are stomaching the higher prices only on products they need. Others who’ve cut back on bigger frills are willing to splurge on brands they trust or things they see as small indulgences. Still others are apathetic to the increases because “everybody’s doing it.” The weak economy has forced Kenya Leach, a New York actress, to cut back on eating out and trips to the movies and to reconsider her plans to return to school for an anthropology degree. Still, she keeps buying beauty products from Origins, which sells $35 moisturizer and $25 face wash, even though she’s noticed those prices edge up by about a dollar per product, by her calculations. Estee Lauder, the high-end cosmetics company that owns Origins, did not detail its price increases. But CEO Fabrizio Freda said recently during an analyst call that customers have been “resilient” as the company has raised prices and rolled out more expensive products. Leach, for one, figures it’s OK to spend a little more on Origins products because she is cutting out so many other things. “Treating yourself sends off those happy pheromones,” says Leach, 25. “When I get really crabby and upset, I’ll buy a new lipstick and I’ll feel 10 times better.”

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Germany, France Exploring Radical Ways To Secure Eurozone Integration

November 27, 2011

BRUSSELS (Luke Baker and Julien Toyer) – Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, EU officials say. Germany’s original plan was to try to secure agreement among all 27 EU countries for a limited change to the Lisbon Treaty by the end of 2012, making it possible to impose much tighter budget controls over the 17 euro zone countries — a way of shoring up the region’s defenses against the debt crisis. But in meetings with EU leaders in recent weeks, it has become clear to both German Chancellor Angela Merkel and French President Nicolas Sarkozy that it may not be possible to get all 27 countries on board, EU sources say. Even if that were possible, it could take a year or more to finally secure the changes while market attacks on Italy, Spain and now France suggest bold measures are needed within weeks. As a result, senior French and German civil servants have been exploring other ways of achieving the goal, either via an agreement among just the euro zone countries, or a separate agreement outside the EU treaty that could involve a core of around 8-10 euro zone countries, officials say. No firm decisions have yet been reached. Reuters exclusively reported on November 9 that French and German officials were discussing plans for a radical overhaul of the European Union to establish a more fiscally integrated and possibly smaller euro zone. “The Germans have made up their minds. They want treaty change and they are doing everything they can to push for it as rapidly as possible,” one senior EU official involved in the negotiations told Reuters. “Senior German officials are on the phone at all hours of the day to every European capital.” While Germany and France are convinced that moving toward fiscal union – which could pave the way for jointly issued euro zone bonds and may provide more leeway for the European Central Bank to act forcefully – is the only way to get on top of the debt crisis, some other euro zone countries are unable or unwilling to move so rapidly toward that goal. Not only Greece, Ireland and Portugal, which are receiving EU/IMF aid, but also Italy and Spain and some east European countries such as Slovakia, would either find it difficult under current economic conditions to meet the budget constraints Germany wants, or simply do not agree with the aim. Consequently, the French and German negotiators are exploring at least two models for more rapid integration among a limited number of euro zone countries, with the possibility of folding that agreement into the EU treaty at a later stage. TWO MODELS One is based on the Pruem Convention of 2005, also known as Schengen III, a treaty signed among 7 countries outside the EU treaty but which was open to any member state to join and was later acceded to by 5 more EU states plus Norway. Another option would be to have a purely Franco-German mini-agreement along the lines of the Elysee treaty of 1963 that other euro zone countries could also sign up to, officials say. “The options are being actively discussed as we speak and things are moving very, very quickly,” a European Commission official briefed on the discussions told Reuters. One source said the aim was to have the outline of an agreement set out before December 9, when EU leaders will meet for their final summit of the year in Brussels. Herman Van Rompuy, the president of the European Council, which represents EU member states, is supposed to deliver a preliminary report on treaty change at the summit. He has held extensive talks with EU leaders in recent weeks to gauge the feasibility of bringing about rapid treaty changes. Sarkozy, who has made two speeches in the past two weeks highlighting the need for more rapid fiscal integration in the euro zone, and has acknowledged that it may be inevitable that a ‘two-speed Europe’ emerges, is due to make another keynote address on December 1 which could provide a platform for laying out in more detail the ideas that he and Merkel are developing. A senior German government official denied there were any secret Franco-German negotiations, but emphasized that both countries saw the need for treaty change as pressing and were exploring how to achieve that in the best way possible. “Germany and France are continuing to focus on proposals for a limited treaty change that can be presented at the EU summit in December,” the official said, emphasizing that there was a need to act quickly to get changes in place. Germany’s Welt am Sonntag newspaper reported on Sunday that Merkel and Sarkozy were working on a new Stability Pact, setting out national debt limits, that could be signed up to by a number of euro zone countries and which would allow the ECB to act more decisively in the crisis. “If the politicians can agree to a comprehensive step, the ECB will jump in and help,” the paper quoted a central banker as saying. The ECB has bought the bonds of euro zone strugglers in intermittent fashion when they have reached crisis point. Economists say it has to act much more radically to turn the market tide but the central bank, and Germany, has opposed any such move. Commitments to binding fiscal rules by euro zone governments may be the cover it needs to change tack. “It would be a real disaster if this strategy which is in fact no strategy, this muddling through, were to continue for some months,” Peter Bofinger, one of the five “wise men” who formally advise the German government on the economy, told Irish state broadcaster RTE. “If this bond run is not stopped it will really endanger the stability of the European and even the global financial system. Bold action by the ECB is definitely needed.” Reuters reported a similar possibility on Friday, with euro zone officials saying that if much tighter fiscal integration could be achieved among euro zone states, it would give the ECB more room to maneuver and buy sovereign bonds. BARGAINING PLOY? While EU officials are clear about the determination of France and Germany to push for more rapid euro zone integration, some caution that the idea of doing so with fewer than 17 countries via a sideline agreement may be more about applying pressure on the remainder to act. By threatening that some countries could be left behind if they don’t sign up to deeper integration, it may be impossible for a country to say no, fearing that doing so could leave it even more exposed to market pressures. “Some of this is just part of the posturing you hear — it’s pressure from Germany to go for treaty change as quickly as possible,” the official involved in the negotiations said. “To some extent you have to see these ideas as part of the bargaining chips that are being put on the table.” The risk for Merkel and Sarkozy is that if they do ultimately decide to push for a sideline agreement involving only 8-10 euro zone states, it would send a clear signal to the markets that the euro zone is split and that some countries are not seen as full members of the currency union. That could either mean that some countries in the euro zone are left with fewer voting rights, even if they still use the euro, or it could mean that some countries decide, ultimately, that they would be better off without the euro — a camp that officials say Greece, the crucible of the debt crisis, could fall into. Copyright 2011 Thomson Reuters. Click for Restrictions .

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Trio Plead Guilty To Dirty Toilet Paper Scam

November 27, 2011

WEST PALM BEACH, Fla. — Talk about a dirty scam. Federal prosecutors in Florida say at least three people working for a septic tank company duped customers into buying about $1 million in unnecessary products – in some cases enough toilet paper to last more than 70 years. More than a dozen customers were told they needed special toilet paper to avoid ruining their septic tanks because the federal government changed regulations on toilet paper. The federal government does not regulate septic tank products. The trio pleaded guilty in federal court to conspiring to commit wire fraud. The trio faces up to two decades in prison when they are sentenced in February.

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Cities Spend Money To Evict Protesters But Not To Help Homeless

November 27, 2011

As cities around the country have swept Occupy Wall Street camps from their plazas and parks in recent weeks, a number of mayors and city officials have argued that by providing shelter to the homeless, the camps are endangering the public and even the homeless themselves. Yet in many of those cities, services for the homeless are severely underfunded. The cities have spent millions of dollars to police and evict the protesters , but they’ve been shutting down shelters and enacting laws to prohibit homeless from sleeping overnight in public. In Oakland, Atlanta, Denver and Portland, Ore., there are at least two homeless people for every open bed in the shelter system, according to the most recent data from the U.S. Department of Housing and Urban Development. In Salt Lake City, Utah, and Chapel Hill, N.C. — two other cities that have evicted protesters from their encampments — things are better but far from ideal. In Chapel Hill, according to the HUD study, there are 121 beds for 135 homeless people, and in Salt Lake City, 1,627 for 1,968. Heather Maria Johnson, a civil rights attorney at the National Law Center on Homelessness and Poverty, said most cities in the U.S. lack adequate affordable housing, emergency or transitional housing, or other social services for people who are either homeless or are in danger of losing their homes. “This was true before the current economic crisis and remains true today, particularly in areas that have cut social services due to budget concerns,” Johnson said. According to HUD, job losses and foreclosures helped push more than 170,000 families into homeless shelters in 2009, up nearly 30 percent from 2007. Of course, those are some of the same problems that have inspired people to protest. ATLANTA After Atlanta’s Mayor Kasim Reed forcibly evacuated Occupy Atlanta from a public park, protesters moved into a homeless shelter. As it turned out, the shelter had been tied up in court battles with the city for a few years, and the city had planned to close it. The shelter was scheduled to be shut down a few days after the protesters moved in, but that date has since been postponed indefinitely and protesters have taken up the shelter’s cause. Local stakeholders — including city officials, the local business development group Central Atlanta Progress, Emory University and other business interests — have been trying to boot the Task Force homeless shelter from its home as it sits on a valuable piece of real estate . The fight between the shelter and its opponents goes back at least to 2008. In a recent court case, the task force that runs the shelter contended that Emory University had been trying to rid their area of the shelter for years. Emails released in court show that officials from Emory approached major private donors to the task force to make their case against the shelter, and that they talked with investors about foreclosing on it. And in recent weeks, the shelter has fought the city to prevent local authorities from turning off their water. Some point out that the media has been paying more attention to the shelter’s troubles since the protesters’ arrival. Earlier this month, the county told a local TV station that tuberculosis had broken out at the shelter. Protesters told HuffPost that they thought these claims were bogus. One protester, Tim Franzen, said he’d been living in the shelter for weeks and had yet to see signs of anyone getting sick. He described the claim as an attempt to smear the Occupation and the shelter. So did Shab Bashiri, another protester. “The city wants to shut it down with absolutely no alternative,” she said. According to Bashiri, the protesters had not only been “occupying” the shelter but had also been sleeping outdoors in areas where homeless people stay. The shelter is the largest in the southeast, housing more than 1,000 people on some nights. “The city doesn’t have the infrastructure to deal with 1,000 people,” Franzen said. “So where would they go? We don’t know.” Atlanta has been flagged as one of the worst cities nationally in which to be homeless and has the widest income gap between rich and poor. Many protesters argue that the city should fund the shelter with the money they’ve spent on dealing with the protest. The mayor’s office reports they spent nearly $500,000 in just two weeks dealing with Occupy Atlanta, most of it on overtime pay for police. Maurice Lattimore, who helps run the shelter, said $500,000 could fund the shelter easily for two years. He noted that the city hasn’t put any money into the shelter’s coffers since the court battle began three years ago. The Atlanta mayor’s office did not respond to a request for comment. PORTLAND In Portland, Ore., Mayor Sam Adams said despite his support for the Occupy movement’s principles, the Portland camp was getting dangerous. After the eviction, the mayor pointed to the presence of homeless people and people with mental illnesses . Nearby businesses had been pressuring him with claims that homeless residents were scaring away customers. Judas James, a member of Occupy Portland who is himself homeless, said the protesters have tried to help homeless people who sought shelter with them by providing food, medical attention, tents and blankets. “If there was money there for them, these people could be taken care of,” James said. “It’s hard because we want everyone to be safe, and we just don’t have the resources to help them with it.” If the city were to take care of them using the money they’ve spent to pull down tents and clean up the park, it would amount to nearly $850,000 , according to data from Mayor Adams’ office. Adams has acknowledged that the Occupy Portland movement has highlighted the city’s homelessness problem, and said he supports a lot of the protesters’ positions. The city has invested $13 million towards relieving homelessness in the past five years and has devised a long-term plan to combat the problem. Yet, in an attempt to climb out of a budget hole of over $3 billion, Oregon has slashed its funding for social services by more than $73 million. Amy Ruiz, a spokesperson for the mayor, wrote in an email that “providing social services and maintaining peace are not mutually exclusive. The City must, and does, do both.” Ruiz pointed out that several nonprofit organizations, which receive money from state and local governments, had moved several dozen homeless people out of the Occupy camps into shelters, motels and other “lower-impact, and safer, camps.” Ruiz said more than 20 outreach workers representing at least seven organizations reached out to the homeless at the encampments before shutting them down. Dennis Lundberg, an outreach worker, told Adams that the camp was doing more harm than good to Portland’s street youth, who preferred the camp to the shelter system because they could reap the benefits of free meals without submitting to the sorts of rules imposed by the shelters. DENVER In October, Denver Mayor Michael Hancock came out in support of new legislation that would ban homeless people from sleeping in public places overnight. “We only have one downtown,” Hancock said at the time. “We cannot afford to lose our city core. If people don’t feel safe going downtown, that is a threat to the very vitality of our downtown and our city.” A couple weeks later, Hancock said he didn’t want to allow protesters to set the precedent for sleeping in tents in the public parks. This was a prelude to Denver sending in riot police to evict the protesters. Johnson, the civil rights attorney with the NLCHP, said the organization has noticed a nationwide increase in laws that criminalize homelessness, including laws that prohibit sleeping, sitting or storing belongings in public spaces, even when there is insufficient shelter space. She argued these criminalization measures cost far more to municipalities than providing adequate shelter to people. Citing studies conducted in 13 cities and states, she said that it costs on average $87 per day to jail someone, compared to $28 per day to house them in a shelter. “With state and local budgets stretched to their limit, it’s profoundly irrational to waste taxpayer money on these expensive criminalization policies,” she said. According to Revekka Balancier, the communications director of the homeless outreach program Denver Road Home, the city’s homeless shelters are at capacity every night, and many have long waiting lists. And she noted that the city’s homeless population is growing. A report from 2009 found that 10,604 people were living on the streets and in area shelters on the night the survey was conducted. By 2011, that number had increased by 6.5 percent, to 11,377 . A spokesperson for the mayor said that the city works with Denver Road Home and other organizations to “comprehensively address the needs of our homeless population.”

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Pakistan’s exports to EU countries Hike to $6.18 Billion

November 27, 2011

(MENAFN – Saudi Press Agency) The volume of Pakistan’s exports to European Union (EU) countries has increased to an annual amount of US$ 6.18 billion. In a statement here today to the Associated …

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Saudi- British delegation visits Asharqia chamber

November 27, 2011

(MENAFN – Saudi Press Agency) Businessmen in the Eastern region met at Asharqia Chamber today with a visiting British commercial delegation. During the meeting, they discussed commercial and …

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Germany slams Barroso joint bonds as ”irresponsible”

November 27, 2011

(MENAFN – Saudi Press Agency) German Vice Chancellor Philipp Roesler on Saturday called a proposal by the European Commission last week for joint debt issuance ‘irresponsible’ and said Berlin will …

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Airports, schools to be hit in major UK strike

November 27, 2011

(MENAFN – Saudi Press Agency) Long lines snaking through airport immigration halls, hospital operating theaters empty, thousands of schools closed – Britain’s government warned Saturday that plans …

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Asian Activities Report for November 28, 2011: Toyota Motor Corporation (TYO:7203) Unveils Newest Sports Car "86"

November 27, 2011

http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car “86″, the world’s smallest mass-production four-passenger …

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Iran’s Jan-Oct crude steel output up 10%

November 27, 2011

(MENAFN) The World Steel Association (WSA) said that during the January-October period, Iran’s crude steel production grew 10 percent from 2010′s same period to 10.9 million tons, reported Tehran …

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Iran’s Jan-Oct crude steel output up 10%

November 27, 2011

(MENAFN) The World Steel Association (WSA) said that during the January-October period, Iran’s crude steel production grew 10 percent from 2010′s same period to 10.9 million tons, reported Tehran …

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India’s Oct trade deficit grows to USD19.6b

November 27, 2011

(MENAFN) India’s Commerce Ministry said that due to weak growth in the country’s exports, last month, India’s trade deficit grew to USD19.6 billion, reported Tehran Times. The ministry added that …

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Central Petroleum Limited (ASX:CTP) Surprise-1 Update: Oil Shows Continue

November 27, 2011

http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) has pleasure in announcing that at 0600 this morning CST (Central Standard …

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Toyota plans to launch C-series cars in UK

November 27, 2011

(MENAFN) Toyota Motor unveiled plans to build the new-generation C-series hatchback at its factory in Burnaston, UK, AFP reported. The Japanese automaker said this will create up to 1,500 jobs …

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Iceland denies Chinese investor permission for land plan

November 27, 2011

(MENAFN) Iceland’s rejected Chinese billionaire development plan in the north of the island, Bloomberg reported. Investor Huang Nubo was denied permission to purchase 300 square kilometers of …

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Investor Ronny Pecik acquires more stake in Telekom Austria

November 27, 2011

(MENAFN) Investor Ronny Pecik’s RPR Privatstiftung increased its stake to 15.8 percent in Telekom Austria AG, which is partly owned to the Austrian government, Bloomberg reported. In its …

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Colombia’s CB raises interest rate

November 27, 2011

(MENAFN) Colombia’s central bank’s chief, Jose Dario Uribe, said that in a move that would control inflation, the bank hiked its benchmark interest rate, reported Gulf News. Uribe added that the …

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Belgian parties agree on 2012 budget

November 27, 2011

(MENAFN) Belgium’s political parties reached a deal on 2012 budget, after almost 18 months of post-election brinksmanship, Bloomberg reported. Under the deal, Belgium’s budget deficit would be …

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US is EU’s main trading partner in H1

November 27, 2011

(MENAFN) European Union’s statistics agency, Eurostat, said that in the first six months of 2011, the US remained EU’s main trading partner, reported Xinhua News. The agency added that in the …

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Hail to the technocrats- By Fabrizio Tassinari

November 27, 2011

(MENAFN – Jordan Times) Is the European Union’s supposed “democratic deficit” now spreading to individual European countries in the wake of the sovereign-debt crisis? The rise of unelected …

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Europe’s last best chance- By Michael Boskin

November 27, 2011

(MENAFN – Jordan Times) The resignations of Greek Prime Minister George Papandreou and Italian Prime Minister Silvio Berlusconi have highlighted how Greece, Italy, and many other countries obscured …

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Occupy LA Remains Defiant Ahead Of Deadline To Vacate

November 27, 2011

By ANDREW DALTON, Associated Press LOS ANGELES — Despite a fast-approaching deadline set by the mayor and police chief, very few of the anti-Wall Street protesters from Occupy Los Angeles had begun breaking down their tents Saturday on the City Hall lawn – and most said they didn’t intend to. The Occupy LA encampment was abuzz with activity, but nearly all of it was aimed at how to deal with authorities come Monday’s 12:01 a.m. deadline. (CLICK HERE FOR LIVE UPDATES) Some handed out signs mocked up to look like the city’s notices to vacate, advertising a Monday morning “eviction block party.” Dozens attended a teach-in on resistance tactics, including how stay safe in the face of rubber bullets, tear gas canisters and pepper spray. Mayor Antonio Villaraigosa announced Friday that despite his sympathy for the protesters’ cause, it was time for the camp of nearly 500 tents to leave for the sake of public health and safety. The mayor said the movement is at a “crossroads,” and it must “move from holding a particular patch of park to spreading the message of economic justice.” But occupiers did not intend to give up their patch of park too easily. Will Picard, who sat Saturday in a tent amid his artwork with a “notice of eviction” sign posted outside, said the main organizers and most occupiers he knows intend to stay. “Their plan is to resist the closure of this encampment and if that means getting arrested so be it,” Picard said. “I think they just want to make the police tear it down rather than tear it down themselves.” But some agreed with the mayor that the protest had run its course. “I’m going,” said Luke Hagerman, who sat looking sad and resigned in the tent he’s stayed in for a month. “I wish we could have got more done.” Villaraigosa expressed pride that Los Angeles has lacked the tension, confrontation and violence seen at similar protests in other cities. But that peace was likely to get its biggest test on Monday. Police gave few specifics about what tactics they would use for those who had no intention of leaving. Chief Charlie Beck said at Friday’s news conference that officers would definitely not be sweeping through the camp and arresting everyone just after midnight. But in an interview with the Los Angeles Times on Sunday, Beck said that despite the lack of confrontations in the camp’s two-month run, he was realistic about what must happen. “I have no illusions that everybody is going to leave,” Beck said in an interview with the Times. “We anticipate that we will have to make arrests.” But he added, “We certainly will not be the first ones to apply force.” Ue Daniels, 21, said as an artist he’s “as nonviolent as they come” but he planned on resisting removal any way he could. “I think we’ll comply as far as putting our tents on the sidewalk maybe, that’s something that’s been going around.” But as far as leaving altogether? “They would probably have to drag me away,” he said. He also suspected that though the general consensus among campers is to stay, he expects many will change their mind once police arrive. “I don’t know who’s going to stay, you can say something, but you never know until you’re in the situation how you’re going to react.”

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Recycled junk gives a new look to snowboard trails

November 27, 2011

(MENAFN – Youm7) Some ski resorts are turning into junkyards – and snowboarders couldn’t be happier. Satellite dishes, propane tanks, empty oil drums and even a Chevy Impala are popping up in …

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S&P lowers Belgium’s credit rating to AA

November 27, 2011

(MENAFN) Standard & Poor’s (S&P), the rating agency, said that it downgraded Belgium’s long-term sovereign credit rating to AA from AA+, reported Xinhua News. The agency added that it also gave a …

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China’s Chery’s exports in 2011 to hit 170k vehicles

November 27, 2011

(MENAFN) Chery Automobile’s Co., Ltd. deputy general manager of the international division, Feng Ping, said that in the current year, the carmaker’s exports would be expected to hit 170,000 units, …

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Seattle ‘superhero’ will not face assault charges

November 27, 2011

(MENAFN – Jordan Times) Officials in Seattle have decided not to press charges against a self-proclaimed superhero who was accused of assaulting several people with pepper spray. Ben Fodor, who …

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Woman, 59, chases down purse snatcher

November 27, 2011

(MENAFN – Jordan Times) Police say a 59-year-old woman chased down a purse snatcher who was fleeing on a bicycle in Longview, Washington, pulled him to the ground and grabbed back her purse. Two …

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Founder sells Milwaukee cafe for $100, promise of food

November 27, 2011

(MENAFN – Jordan Times) For a mere $100, Nell Benton has found herself not just a job, but sole ownership in a restaurant that would seem to be a perfect fit. It’s not often a viable …

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Nebraska refuses pot-promoting vanity plate

November 27, 2011

(MENAFN – Jordan Times) The American Civil Liberties Union is suing Nebraska’s motor vehicle department for refusing to issue a personalised license plate that refers to an unofficial holiday known …

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Desperate fans burn ticket booth at stadium

November 27, 2011

(MENAFN – Jordan Times) Success-starved Indonesia soccer fans, desperate to watch the final of a regional tournament against rivals Malaysia, set a ticket booth on fire at the national stadium in …

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Gynaecologist faces charge for secret photos

November 27, 2011

(MENAFN – Jordan Times) A German prosecutor said on Monday that 700 women had agreed to press charges against a gynaecologist who is suspected of secretly taking thousands of pictures of patients …

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Cute little doll babbles sweet… swear word?

November 27, 2011

(MENAFN – Jordan Times) Children cradling a baby doll sold by Toys R Us will now have to play a new game – teaching their infant some manners. At least that’s the fear of parents outraged at …

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Greyhound bus driver leaves passengers stranded

November 27, 2011

(MENAFN – Jordan Times) Greyhound bus company is conducting an investigation after a bus driver left 45 passengers stranded for about eight hours in the middle of the night at a gas station in the …

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Kazakhstan now world’s largest uranium miner

November 27, 2011

(MENAFN – Arab News) KAZAKHSTAN’S international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was …

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China’s Oil output to Rise

November 27, 2011

(MENAFN – Qatar News Agency) China’s domestic oil production will rise steadily over the next 20 years, and its gas output will soar, the Ministry of Land and Resources has said. Combined oil and …

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China’s Economy to Grow 8.5% in 2012

November 27, 2011

(MENAFN – Qatar News Agency) China’s economy is expected to grow 8.5 percent in 2012, a slower pace than this year, a government official from has said. Deputy director of the Development …

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Venezuela Receives First Gold Shipment

November 27, 2011

(MENAFN – Qatar News Agency) Venezuela has received its first shipment of gold bars, after President Hugo Chavez ordered the repatriation of 85% of the country’s bullion reserves. Chavez …

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