Wednesday, November 30, 2011

Iranian protesters seize 6 British embassy staff (Reuters)

TEHRAN (Reuters) ? Iranian protesters briefly took six British embassy staff hostage on Tuesday when they stormed two diplomatic compounds in Tehran, smashing windows, hurling petrol bombs and burning the British flag in a protest against sanctions imposed by Britain.

Britain said it was outraged by the attacks on its embassy compounds, but had no immediate comment on the seizure of its staff who, Iran's semi-official Fars news agency said, were freed by police from a leafy residential complex in north Tehran.

The attacks come at a time of rising diplomatic tension between Iran and Western nations who last week imposed fresh sanctions over Tehran's nuclear program which they believe is aimed at achieving the capability of making an atomic bomb.

Iran, the world's fifth biggest oil exporter, says it only wants nuclear plants to generate electricity.

The embassy storming is also a clear sign of deepening political infighting within Iran's ruling hardline elites with the conservative-led parliament attempting to force the hand of President Mahmoud Ahmadinejad and expel the British ambassador.

Several dozen protesters broke away from a crowd of a few hundred outside the main embassy compound in downtown Tehran, scaled the gates, broke the locks and went inside.

Protesters pulled down the British flag, burned it, and put up the Iranian flag, Iranian news agencies and news pictures showed. Inside, the demonstrators threw stones and petrol bombs. One waved a framed picture of Queen Elizabeth, state TV showed.

Others carried the royal crest out through the embassy gate as police stood by, pictures carried by the Fars news agency showed. Demonstrators waved flags symbolizing martyrdom and held portraits of Supreme Leader Ayatollah Ali Khamenei.

Another group of protesters broke into a second British Embassy compound at Qolhak in north Tehran, the IRNA state news agency said. Once the embassy's summer quarters, the sprawling, tree-lined compound is now used to house diplomatic staff.

Six embassy staff were taken hostage there, but were later freed by police, Fars news agency reported.

"Police freed the six people working for the British embassy in Qolhak garden," Fars said.

A German school next to the Qolhak compound was also damaged, the German government said.

Police appeared to have cleared the demonstrators in front of the main downtown embassy compound, but later clashed with hardline protesters and fired tear gas to attempt to disperse them, Fars said.

Protesters nevertheless again entered the compound, Fars said.

The British Foreign Office said it was outraged.

"There has been an incursion by a significant number of demonstrators into our Embassy premises, including vandalism to our property," the Foreign Office said in a statement. "This is a fluid situation and details are still emerging. We are outraged by this. It is utterly unacceptable and we condemn it."

Britain said the Iranian government had a duty under international law to protect diplomats and urged Iranian authorities to act with "utmost urgency" to bring the situation under control.

IRAN PARLIAMENT WANTS UK AMBASSADOR OUT

There have been regular protests outside the British embassy over the years since the 1979 Islamic revolution that toppled the U.S.-backed shah, but never have any been so violent.

The attacks and hostage-taking was reminiscent of the 1979 takeover of the U.S. embassy in Tehran carried out by radical students who held 52 Americans hostage for 444 days. The United States and Iran have cut diplomatic ties ever since.

An Iranian official told Reuters the storming of two British compounds on Tuesday was not planned by the government.

"It was not an organized measure. The establishment had no role in it. It was not planned," said the official, who declined to be identified. Iran's Foreign Ministry said it regretted the attacks and was committed to ensuring the safety of diplomats.

The attacks followed the rapid approval by Iran's Guardian Council of a parliamentary bill compelling the government to expel the British ambassador in retaliation for the sanctions. A lawmaker had also warned on Sunday that angry Iranians could storm the British embassy as they did the U.S. mission in 1979.

Ahmadinejad's government, often at odds with conservatives who control the parliament, has five days to expel Britain's ambassador, the speaker of parliament said.

"Parliament officially notified the president over a bill regarding degrading the ties with Britain, obliging the government to implement it within five days," Fars news agency quoted speaker Ali Larijani as saying.

"Radicals in Iran and in the West are always in favor of crisis ... Such radical hardliners in Iran will use the crisis to unite people and also to blame the crisis for the fading economy," said political analyst Hasan Sedghi.

The incident followed Britain's imposition of new sanctions on the Islamic state last week over its nuclear program.

London banned all British financial institutions from doing business with their Iranian counterparts, including the Central Bank of Iran, as part of a new wave of sanctions by Western countries.

In London, Foreign Secretary William Hague said Britain expected other countries to follow its lead in imposing financial sanctions on Iran and will take "robust" action if Tehran reduces their diplomatic relations.

Hague was speaking in a parliamentary debate just as news broke of the incident in Tehran and he made no comment on it.

(Additional reporting by Hossein Jaseb and Hashem Kalantari in Tehran, Parisa Hafezi in Istanbul, and William Maclean and Adrian Croft in London; Writing by Jon Hemming; Editing by Janet Lawrence)

Source: http://us.rd.yahoo.com/dailynews/rss/britain/*http%3A//news.yahoo.com/s/nm/20111129/wl_nm/us_iran_britain_embassy

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Steelers/Chiefs Open Thread (Balloon Juice)

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Dick Clark Productions slapped with Class-Action Suit (Reuters)

LOS ANGELES (TheWrap.com) ? Dick Clark Productions' legal woes continue to mount.

The production company was hit with a class-action lawsuit in Los Angeles Superior Court Monday. It was filed by a stagehand at the American Music Awards who claims that his paycheck was delayed for more than two months.

In the suit, Charles Griffin claims that he was hired for the 36th Annual AMAs to work the ceremony on November 22, 2008 -- but didn't receive payment for his services until February 5, 2009.

And Griffin figures he's far from the only one to receive such allegedly shabby treatment.

"DCP routinely fails to devote sufficient resources to the payroll accounting function, with the result that such late payment of wages is customary rather than exceptional," the complaint reads.

The suit includes all crew members who've worked for Dick Clark Productions in the past three years -- a number that the suit estimates to be "more than 50 but fewer than 1,000."

Meanwhile, DCP's legal entanglement with the Hollywood Foreign Press Association continues.

In August, a federal judge ruled that the HFPA's case against Dick Clark Productions will go forward to trial. The HFPA, which puts on the Golden Globe Awards, filed suit against Dick Clark Productions last November, alleging that DCP improperly negotiated a new contract with NBC to air the awards for seven more years, despite the fact that DCP's contract with the HFPA was set to expire after the 2011 AMAs.

TheWrap is awaiting response from a Dick Clark Productions spokesperson.

Pamela Chelin contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/tv/*http%3A//news.yahoo.com/s/nm/20111129/tv_nm/us_dickclark

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Senate rejects effort to strip detainee provision (AP)

WASHINGTON ? The Senate has rejected an effort to strip provisions dealing with the capture and handling of suspected terrorists from a sweeping defense bill.

The vote was 61-37 against the measure on Tuesday. Democratic Sen. Mark Udall had offered the amendment to take out the provisions and instead allow the Intelligence, Judiciary and Armed Services committees to hold hearings with Pentagon and administration officials on the issue.

Udall had argued that the provisions could be a threat to civil liberties. He cited opposition of Defense Secretary Leon Panetta and FBI Director Robert Mueller. The White House has threatened a veto over the provisions.

Republican Sen. Lindsey Graham had countered that the provisions were necessary for a nation at war. The Senate hopes to finish the bill by week's end.

Source: http://us.rd.yahoo.com/dailynews/rss/us/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_re_us/us_congress_defense_bill

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Charles Walton, father of RFID technology, dies at 89

We have some somber news to bring you today: Charles Walton, the man who pioneered the rise of RFID technology, has died at the age of 89. The Cornell-educated entrepreneur garnered more than 50 patents over the course of his career, but it only took one to cement his legacy -- a 1973 patent for a "Portable radio frequency emitting identifier." It may not have been the first RFID-related invention, but Walton's breakthrough would prove to be foundational, spawning many similar patents, including ten from the creator himself. It all began at the Army Signal Corps, where Walton worked after studying electrical engineering at Cornell and earning a Master's degrees in electrical engineering and economics of engineering from the Stevens Institute of Technology. In 1960, he accepted a position at IBM, where he conducted research on disc drives before founding his own company, Proximity Devices, in 1970.

It was at Proximity where many of Walton's patents came to life, including his initial design, which he developed alongside the Schlage lock company and eventually licensed to other firms, as well. He would go on to earn millions from his technology, though as Venture Beat points out, he may have been a bit too far ahead of the curve. Many of Walton's patents expired by the time RFID devices caught on with big spenders like the Department of Defense and Wal-Mart, thereby excluding him from any subsequent windfall. But that didn't seem to bother him too much, as evidenced in a 2004 interview with Venture Beat: "I feel good about it and gratified I could make a contribution."

Charles Walton, father of RFID technology, dies at 89 originally appeared on Engadget on Tue, 29 Nov 2011 16:49:00 EDT. Please see our terms for use of feeds.

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Tuesday, November 29, 2011

Man to be sentenced in plane stowaway case (AP)

LOS ANGELES ? A man who pleaded guilty to a stowaway charge for boarding a cross-country flight by using an expired boarding pass with someone else's name is scheduled to be sentenced in a Los Angeles federal courtroom Monday.

Olajide Oluwaseun Noibi faces up to five years in prison, but prosecutors are asking the 24-year-old be sentenced to a term of time served followed by a one-year period of supervised release.

Noibi, who has dual U.S. and Nigerian citizenship, was arrested June 29 arrest at Los Angeles International Airport after it was determined that he got past screenings using expired boarding passes with someone else's name and presenting his student identification.

Authorities said terrorism did not apply in this case.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20111128/ap_on_re_us/us_airport_security_stowaway

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Sanliang Gu, Fresno Professor, Works To Grow A Later And Tastier Grape

FRESNO, Calif. -- As you contemplate that Thanksgiving wine you relished on Thursday, ponder for a moment a world too hot to grow fine grapes.

Dr. Sanliang Gu does every day.

For a dozen years his obsession has been to manipulate the growing cycle of grapes around Fresno, California's hottest and therefore earliest-ripening wine region. This week he succeeded: the 2011 vintage that normally would have been picked in July or August came off the vines two days before Thanksgiving ? about three weeks after Napa's weather-delayed harvest ended.

In an industry where "hang time" is cherished for adding complexities to flavors, the implications are profound, especially for folks anxious about the global impacts of climate change on historic wine-growing regions.

"If this can help incrementally improve the quality, it means big money for growers, especially in a global market," said Joe Bezerra, executive director of the California State University Agricultural Research Institute, which is helping to fund the project at Fresno State University.

Gu's immediate aim is twofold: to add complexities to the 150,000 acres of wine grapes grown in California's San Joaquin Valley, home to 44 percent of the state's crop, and to open marginal areas to higher-end production.

"I hope it doesn't get any hotter in Fresno," he said, "but it doesn't matter because we know now that we can manipulate the growing season."

The San Joaquin Valley, stretching for 220 miles from Stockton to Bakersfield, is the U.S.'s most prolific grape-growing region. Along with heat-loving raisins and table grapes, vast tracts of wine grapes are mechanically harvested for popular labels such as Gallo's economy brands and Bronco's popular Charles Shaw, aka Two Buck Chuck, and blended into higher end wines.

Because grapes grown here ripen so quickly, growers are forced to harvest before the acids and tannins that contribute to a truly great wine can fully develop. Gu, a professor of viticulture, appears to have solved that problem by pruning off the first crop of clusters in June, which forces the vines to generate a new crop just as the weather really heats up in July.

In September, the 2011 grapes entered veraison, turning color as they began ripening, which is just about the time Fresno's brutal summer temperatures begin to subside. The grapes then spent long weeks on the vine during the time the weather in Fresno more closely matches the summer temperatures in Napa or along the Central Coast.

"This is exciting," Gu said Tuesday, as he watched a crew of students bundled in winter jackets ferrying macro bins of cabernet sauvignon to the school winery. "We're picking wine grapes in Fresno at Thanksgiving. That has never happened before."

The grapes are better than the commercial crop the school harvested during the summer because the sugars, acids and pH are balanced within optimal levels, he said. The grapes harvested Tuesday have enough sugar to make a wine with slightly over 13 percent alcohol, on par with France but surprisingly light compared to most "big" California wines that hover near 15 percent.

But considering that some Central Valley grapes get so overly ripe that wineries have to add water to bring down the sugar levels, the Thanksgiving harvest is remarkable.

Gu's efforts to force a later harvest have taken many forms. He first tried manipulating irrigation to slow the ripening, and when that failed he tried canopy management ? using the vines to shield grapes from the blazing sun.

"Nothing made a difference because the overriding factor is temperature," he said.

Then he remembered that some fruit growers in the tropics can get two crops a season, so he decided to try forcing a later harvest on a block of campus grapes.

"I thought that if we could shift the whole thing until later, it would be like growing in a cooler region," he said.

He found that zinfandel grapes exposed to fall rains are too prone to the fungus botrytis, and chardonnay gets powdery mildew. Thick-skinned cabernet sauvingnon appears to be just right.

Gu said he doesn't expect to replicate Napa quality in the Central Valley, but he does think that growers can improve the value of grapes grown here.

There are those who think the quality of grapes in the valley already is great, including Peterangelo Vallis, executive director of the San Joaquin Valley Grapegrowers Association.

"I really think the project is a great thing, but I have mixed feelings about it," Vallis said. "It's pushing the research away from taking advantage of what we do have here in the valley, and that's a long growing season, great soil, good water and the lack of rain before maturity. How many times have those grapes he harvested yesterday been rained on?"

Everyone agrees the proof will be in the wine. The sauvingnon blanc Gu's students made from last year compares favorably to wines from New Zealand, he said. Students again are making the 2011 cabernet sauvignon, but with increased research funding coming in for the 2012 vintage, he hopes to get a professional to coax the best-possible wine from them.

Gu must now find a way to make the process economical for farmers who grow on a scale too large to hand prune, and the yields must be high enough to be profitable. But he said that the process easily could be adapted now by boutique winemakers growing on a smaller scale in warmer regions such as Texas, New Mexico and California's high deserts.

"Can you imagine Fresno with 300 wineries, each with about five-to-10 acres? That would be a good start," he said, pausing to ponder the possibility. "I think so."

____

Twitter: (at)TConeAP

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Source: http://www.huffingtonpost.com/2011/11/27/sanliang-gu-fresno-professor-wine_n_1115513.html

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NY judge rejects $285M SEC-Citigroup agreement (AP)

NEW YORK ? A judge on Monday used unusually harsh language to strike down a $285 million settlement between Citigroup and the Securities and Exchange Commission over toxic mortgage securities, saying he couldn't tell whether the deal was fair and criticizing regulators for shielding the public from details of the firm's wrongdoing.

U.S. District Judge Jed Rakoff said the public has a right to know what happens in cases that touch on "the transparency of financial markets whose gyrations have so depressed our economy and debilitated our lives." In such cases, the SEC has a responsibility to ensure that the truth emerges, he wrote.

Rakoff said he had spent hours trying to assess the settlement but concluded that he had not been given "any proven or admitted facts upon which to exercise even a modest degree of independent judgment."

He called the settlement "neither fair, nor reasonable, nor adequate, nor in the public interest."

The SEC shot back in a statement issued by Enforcement Director Robert Khuzami, saying the deal was all four of those things and "reasonably reflects the scope of relief that would be obtained after a successful trial."

SEC Chairman Mary Schapiro, meanwhile, sent a letter to a key senator Monday asking for Congress to expand the agency's authority to fine companies and individuals. She is seeking to raise the limits on fines under current law and make other changes.

Such changes would "further enhance the effectiveness of the (SEC's) enforcement program," Schapiro told Sen. Jack Reed, D-R.I., who heads the Senate Banking subcommittee on securities.

The SEC had accused Citigroup of betting against a complex mortgage investment in 2007 ? making $160 million in the process ? while investors lost millions. The settlement would have imposed penalties on Citigroup but allowed it to deny allegations that it misled investors.

Citigroup said in a statement that it disagreed with Rakoff because the proposed settlement was "a fair and reasonable resolution to the SEC's allegation of negligence" and was consistent with long-established legal standards.

"In the event the case is tried, we would present substantial factual and legal defenses to the charges," it added.

This wasn't the first time that the judge struck down an SEC settlement with a bank, and Rakoff has made no secret of his disdain for settlements between the government agency and banks for paltry sums and no admission of guilt.

"The SEC's longstanding policy ? hallowed by history, but not by reason ? of allowing defendants to enter into consent judgments without admitting or denying the underlying allegations, deprives the court of even the most minimal assurance that the substantial injunctive relief it is being asked to impose has any basis in fact," he wrote in Monday's decision.

Adam Pritchard, a professor of securities law at the University of Michigan Law School, said courts could become clogged with cases that would normally be settled if other judges adopt Rakoff's reasoning and deprive companies of their incentive to avoid trial.

He called it a powerful SEC tool to encourage settlements "and Judge Rakoff is taking that away from them."

The SEC's consent judgment settling the case was filed the same day as its lawsuit against Citigroup, the judge noted.

"It is harder to discern from the limited information before the court what the SEC is getting from this settlement other than a quick headline," the judge wrote.

"In much of the world, propaganda reigns, and truth is confined to secretive, fearful whispers," Rakoff said. "Even in our nation, apologists for suppressing or obscuring the truth may always be found. But the SEC, of all agencies, has a duty, inherent in its statutory mission, to see that the truth emerges; and if it fails to do so, this court must not, in the name of deference or convenience, grant judicial enforcement to the agency's contrivances."

He set a July 16 trial date for the case.

Khuzami said in the SEC statement that Rakoff made too much out of the fact that Citigroup did not have to admit wrongdoing. He said forcing Citigroup to give up profits, pay fines and face mandatory business reforms outweigh the absence of an admission "when that relief is obtained promptly and without the risks, delay and resources required at trial."

Khuzami added: "Refusing an otherwise advantageous settlement solely because of the absence of an admission also would divert resources away from the investigation of other frauds and the recovery of losses suffered by other investors not before the court."

Rakoff said the power of the judiciary was "not a free-roving remedy to be invoked at the whim of a regulatory agency, even with the consent of the regulated."

He added: "If its deployment does not rest on facts ? cold, hard, solid facts, established either by admissions or by trials ? it serves no lawful or moral purpose and is simply an engine of oppression."

In the civil lawsuit filed last month, the SEC said Citigroup Inc. traders discussed the possibility of buying financial instruments to essentially bet on the failure of the mortgage assets. Rating agencies downgraded most of the investments just as many troubled homeowners stopped paying their mortgages in late 2007. That pushed the investment into default and cost its buyers' ? hedge funds and investment managers ? several hundred million dollars in losses.

Earlier this month, Rakoff staged a hearing in which he asked lawyers on both sides to defend the settlement.

At the hearing, Rakoff questioned whether freeing Citigroup of any admission of liability could undermine private claims by investors who stand to recover only $95 million in penalties on total losses of $700 million.

In his decision, he called the penalties "pocket change" to a company the size of Citigroup and said that, if the SEC allegations are true, then Citigroup got a "very good deal." If they are untrue, the settlement would be "a mild and modest cost of doing business," he said.

In 2009, Rakoff rejected a $33 million settlement between the SEC and Bank of America Corp. calling it a breach of "justice and morality." The deal was over civil charges accusing the bank of misleading shareholders when it acquired Merrill Lynch during the height of the financial crisis in 2008 by failing to disclose it was paying up to $5.8 billion in bonuses to employees even as it recorded a $27.6 billion yearly loss.

In February 2010, he approved an amended settlement for over four times the original amount, but was caustic in his comments about the $150 million pact, calling it "half-baked justice at best." He said the court approved it "while shaking its head."

Citigroup's $285 million would represent the largest amount to be paid by a Wall Street firm accused of misleading investors since Goldman Sachs & Co. agreed to pay $550 million to settle similar charges last year. JPMorgan Chase & Co. resolved similar charges in June and paid $153.6 million.

All the cases have involved complex investments called collateralized debt obligations. Those are securities that are backed by pools of other assets, such as mortgages.

Rakoff's ruling Monday was the latest in a series of setbacks for the SEC under Schapiro's leadership. Rakoff has said he doesn't believe the agency has been sufficiently tough in its enforcement deals with Wall Street banks over their conduct prior to the financial crisis.

The SEC told Rakoff recently that $285 million was a fair penalty, which will go to investors harmed by Citigroup's conduct, and that it was close to what the agency would have won in a trial.

___

AP business writers Pallavi Gogoi in New York and Marcy Gordon in Washington contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_bi_ge/us_sec_citigroup

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1. Why Finance? | AllGlobeNews

Financial Theory (ECON 251) This lecture gives a brief history of the young field of financial theory, which began in business schools quite separate from economics, and of my growing interest in the field and in Wall Street. A cornerstone of standard financial theory is the efficient markets hypothesis, but that has been discredited by the financial crisis of 2007-09. This lecture describes the kinds of questions standard financial theory nevertheless answers well. It also introduces the leverage cycle as a critique of standard financial theory and as an explanation of the crisis. The lecture ends with a class experiment illustrating a situation in which the efficient markets hypothesis works surprisingly well. 00:00 ? Chapter 1. Course Introduction 10:16 ? Chapter 2. Collateral in the Standard Theory 17:54 ? Chapter 3. Leverage in Housing Prices 33:47 ? Chapter 4. Examples of Finance 46:13 ? Chapter 5. Why Study Finance? 50:13 ? Chapter 6. Logistics 58:22 ? Chapter 7. A Experiment of the Financial Market Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Fall 2009.
Video Rating: 5 / 5


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J.R. Martinez Honored By U.S. Defense Department, Named Rose Parade Grand Marshal


Let the J.R. Martinez victory tour begin.

Dancing With the Stars champion J.R. Martinez received an invitation from U.S. Defense Secretary Leon Panetta to visit the Pentagon and meet Panetta in person.

According to The Hollywood Reporter, Panetta's respect for J.R., an Iraq War veteran, motivational speaker and actor, was displayed in a congratulatory note:

J.R. and Karina Pic

J.R. and Karina Smirnoff won the ABC competition Monday.

"Your strength and spirit have captivated the nation, and your victory sends a strong message about the strength and resilience of our wounded warriors."

The Defense Secretary then personally called J.R. to invite him to meet in person. J.R. Martinez will address thousands of active and retired troops while in D.C.

It seems everyone wants a piece of the man. Along with his journey to the Pentagon, Martinez has been named the Grand Marshal of the 2012 Rose Parade. 

The annual extravaganza takes place New Year's Day. Not only that, the 28-year-old will co-host the pre-show of CNN's Heroes: An All-Star Tribute.

If you're looking for a true inspiration, you could do a lot worse.

Source: http://www.thehollywoodgossip.com/2011/11/jr-martinez-honored-by-us-defense-department-tapped-as-rose-para/

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[OOC] Journal

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Please post all "Players Wanted" threads in the Roleplayers Wanted forum!

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Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.

This thread will have regularly updated entries regarding what's going on in the roleplay for anyone who missed anything.

Last edited by SolanaNight on Mon Nov 28, 2011 8:27 pm, edited 1 time in total.
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Hehhehehehehehehheeh I'm a genius....... I'll simply make use of these extra threads! Ahem, this thread will have regular updates of the roleplay posted in it. And, YES HAZE! I WILL ACTUALLY POST ENTRIES THIS TIME!

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Monday, November 28, 2011

Prep your pipes, pets, plants for cold I KXAN.com

AUSTIN (KXAN) - After a long slew of 100 degree days this summer, more than a few Austinites were looking longingly towards the near-freezing temperatures of Austin's first cold snap.

Austinites know outdoor activities: stopping at street vendors; listening to live music; and jogging the city's outdoor trails. On Sunday, however, they had to get used to dressing smart and bundling up, too.

"I can't believe I'm wearing gloves," said Elsa Barron. "I thought? we had such a hot spell there. Here I am, wearing gloves, hat, downed vest. It's unbelievable but it's beautiful."

After a long hot summer, this first freeze of winter can even trigger special dreams for some.

"I really hope it snows, so cross your fingers, okay?" said Gerrit Ilai.

Native Texans may need some adjustments, but if you're from the Great North like Mike Beatty, this weather is like being home again.

"I grew up in Canada, so I'm welcoming the cold weather snap," said Beatty. "This is like spring in Canada."

Of course, pets, plants and pipes need protection. At nurseries like The Great Outdoors in South Austin, they got a jump on the freeze to protect the merchandise on the property.

"We started protecting our plants, especially anything remotely tender," said Chris Chirafis. "A lot of things that are tough, evergreens aren't going to need a lot out in the landscape but anything remotely tender we're going to be putting insulated blankets on or pots we'll bring inside to protect from the cold night."

Best to err on the side of caution: Turn up the thermostat and pass the blankets.

Source: http://www.kxan.com/dpp/news/prep-your-pipes,-pets,-plants-for-cold

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Fox: Newt Snags Union Leader Nod (TIME)

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Sunday, November 27, 2011

'Twilight' keeps shining with $42M second weekend

(AP) ? The latest "Twilight" movie has plenty of daylight left with a second-straight win at the weekend box office.

"The Twilight Saga: Breaking Dawn ? Part 1" took in $42 million domestically over the three-day weekend and $62.3 million in the five-day Thanksgiving boom time from Wednesday to Sunday. That raised its domestic total to $221.3 million, while the Summit Entertainment release added $71.5 million overseas to lift the international total to $268 million and the worldwide take to $489.3 million.

Debuting at No. 2 was Disney's family flick "The Muppets," with $29.5 million for the three-day weekend and $42 million over the five-day holiday haul.

Three other family films rounded out the top-five: the Warner Bros. sequel "Happy Feet Two" at No. 3 with a three-day total of $13.4 million and $18.4 million for five days; Sony's animated comedy "Arthur Christmas" at No. 4 with $12.7 million for three days and $17 million for five days; and Paramount's epic adventure "Hugo" at No. 5 with $11.4 million for three days and $15.4 million for five days.

Between "Breaking Dawn" and the blitz of family films, analysts thought Hollywood had a shot at record revenue over Thanksgiving, one of the year's busiest weekends at movie theaters. But viewers did not come in anywhere close to record numbers.

"I was pretty surprised by this. I just thought this was the perfect combination of films in the marketplace," said Paul Dergarabedian, analyst for box-office tracker Hollywood.com. "Maybe there was just too much out there."

Domestic revenue totaled $234 million from Wednesday to Sunday, well below the $273 million record set two years ago, when "The Twilight Saga: New Moon" led the Thanksgiving weekend, according to Hollywood.com. Receipts also fell short of last Thanksgiving's $264 million haul, when "Harry Potter and the Deathly Hallows: Part 1" finished on top.

Studio executives concede it's growing harder to lure fans into theaters given all the portable games, devices and other electronics people have to fill up their entertainment time. A so-so Thanksgiving on a weekend with such a good variety of movies could be a sign that Hollywood simply has to live with diminished expectations.

"I don't know that choice is ever a bad thing, and in terms of a weekend for families, this is one of the best," said Dave Hollis, head of distribution for Disney, which brought "The Muppets" back to the big-screen after a 12-year absence. "The challenge is breaking through and being relevant and meaningful and fresh enough to take the more finicky customers and have them choose you."

Disney reported that "The Muppets" drew a good mix of families and couples without children who fondly remember Kermit, Miss Piggy and the rest of the gang on "The Muppet Show." The film stars Jason Segel and Amy Adams as fans helping to reunite the Muppets for a telethon to save their decaying studio.

"Breaking Dawn" was holding close to the pattern set by "New Moon" two years ago, though domestic revenues were off slightly. Factoring in higher ticket prices since "New Moon," the audience shrank even further for "Breaking Dawn."

"I think the audience has changed a bit. Everybody's grown a little older, and I guess we lose a few of our patrons to age," said Richie Fay, head of distribution for Summit.

With no big new releases coming next weekend, though, "Breaking Dawn" has a shot at making up some ground, Fay said.

"Happy Feet Two" has failed to live up to its Academy Award-winning predecessor, a blockbuster that took in nearly $200 million domestically. The sequel about dancing penguins has managed just $43.8 million since opening Nov. 18, a 10-day total that barely matches the opening-weekend gross of the 2006 original.

"Arthur Christmas," from the British animation unit Aardman that made "Chicken Run" and the "Wallace and Gromit" films, has long-haul potential because of its good reviews and holiday story line. The voice cast includes James McAvoy, Hugh Laurie and Jim Broadbent in a Christmas Eve romp about a child's present that falls through the cracks in Santa Claus' high-tech delivery operation.

"To have the one picture that really is kind of carrying the torch as a Christmas picture really bodes well for the future," said Rory Bruer, head of distribution for Sony.

Distributor Paramount has similar long-term hopes for Martin Scorsese's "Hugo," which also has great reviews. Based on a children's book, "Hugo" follows the adventures of an orphan boy who tends the clocks in a Paris train station and becomes caught up in unraveling a mystery that connects a surly old man (Ben Kingsley) and a mechanical automaton the youth is trying to repair.

Paramount scaled back "Hugo" from a full wide release over Thanksgiving, opening it in 1,277 theaters, about a third the number for most other top movies. The studio plans to roll the film out more gradually, spreading its marketing budget over the coming weeks to capitalize on the critical word of mouth and potential awards buzz leading up to the Jan. 24 Oscar nominations.

Critics have praised "Hugo" for Scorsese's dazzling use of 3-D. Unlike 3-D fatigue that set in for some other recent movies, whose 3-D business dipped below half of total revenues, "Hugo" audiences have been willing to pay an extra few dollars to see it in three dimensions. About 75 percent of the film's revenue came from 3-D screenings, according to Paramount.

"People are reading the reviews that say, 'You've got to see it in 3-D,' and they're going out and voting with their dollars," said Don Harris, head of distribution at Paramount.

In narrower release, the Marilyn Monroe drama "My Week with Marilyn" opened solidly with a $1.8 million weekend and $2.1 million since opening Wednesday. The Weinstein Co. release stars Michelle Williams as Monroe during her tumultuous time filming Laurence Olivier's "The Prince and the Showgirl."

Playing in 244 theaters, "My Week with Marilyn" had a weekend average of $7,266 a cinema, compared with a $10,330 average in 4,066 locations for "Breaking Dawn."

Another Weinstein release, the black-and-white silent film "The Artist," had a big opening in limited release with a three-day haul of $210,414 in just four New York City and Los Angeles theaters. That gave the film an average of $52,604 a theater.

"The Artist" traces the fall of a silent-film star (Jean Dujardin) and the rise of a new screen sensation (Berenice Bejo) as talking pictures take over in the 1920s and '30s. The acclaimed film gradually expands to nationwide release during the buildup to the Oscar nominations.

Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Hollywood.com. Where available, latest international numbers are also included. Final domestic figures will be released Monday.

1. "The Twilight Saga: Breaking Dawn ? Part 1," $42 million ($71.5 million international).

2. "The Muppets," $29.5 million ($1.6 million international).

3. "Happy Feet Two," $13.4 million ($10 million international).

4. "Arthur Christmas," $12.7 million ($11.9 million international).

5. "Hugo," $11.4 million.

6. "Jack and Jill," $10.3 million.

7. "Immortals," $8.8 million ($8 million international).

8. "Puss in Boots," $7.5 million ($9 million international).

9. "Tower Heist," $7.3 million ($7.3 million international).

10. "The Descendants," $7.2 million.

___

Estimated weekend ticket sales at international theaters (excluding the U.S. and Canada) for films distributed overseas by Hollywood studios, according to Rentrak:

1. "The Twilight Saga: Breaking Dawn ? Part 1," $71.5 million.

2. "Arthur Christmas," $11.9 million.

3. "The Adventures of Tintin," $11.5 million.

4. "Happy Feet Two," $10 million.

5. "Puss in Boots," $9 million.

6. "Immortals," $8 million.

7. "Tower Heist," $7.3 million.

8. "In Time," $6 million.

9. "Real Steel," $5.1 million.

10. "Moneyball," $3.3 million.

___

Online:

http://www.hollywood.com

http://www.rentrak.com

___

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by News Corp.; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2011-11-27-Box%20Office/id-3339f85427ee4fc78097a75c264087ac

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