Sabtu, 2 Februari 2013

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President Claims Shooting as a Hobby, and the White House Offers Proof - New York Times

Posted: 02 Feb 2013 09:09 AM PST

WASHINGTON — When President Obama mentioned last week that he had picked up a new hobby — skeet shooting at Camp David — it was a surprising disclosure by a president whose main identification with guns these days is his effort to ban assault rifles and high-capacity magazines.

To some, Mr. Obama's newfound enthusiasm for shooting clay pigeons — he said in an interview that he did it "all the time" at his retreat in the Maryland mountains — also seemed a bit suspicious.

So on Saturday, the White House tried to silence the skeptics by releasing a photo of Mr. Obama shooting on the range at Camp David in August. In the photo, the president, wearing protective glasses and ear-muffs, is squinting down the barrel of a gun, moments after pulling the trigger. Smoke shoots out of the front of the gun.

The White House said the photo was taken on Aug. 4, which was Mr. Obama's 51st birthday. But it offered no further details on whether his target practice was a regular hobby or a one-time event.

The notion of the president taking aim at targets flung into the air captivated some in the political and social media worlds at a time when he is pushing Congress to enact sweeping restrictions on high-capacity rifles and magazines. Conservatives scoffed, comics mocked, a congresswoman challenged him to a skeet-shooting contest, a fake picture of an armed Mr. Obama circulated on the Internet, and the White House tried to make the whole matter go away.

"It was a surprise to a lot of people in the industry when we saw that and heard that," said Michael Hampton Jr., the executive director of the National Skeet Shooting Association, whose 35,000-member rolls do not include the president.

Mr. Obama is hardly the first politician to draw scorn for boasting of experience with guns. In 2007, during his first presidential campaign, former Gov. Mitt Romney of Massachusetts was ridiculed when he said, "I've always been a rodent and rabbit hunter — small varmints, if you will." In 2004, John Kerry, then a presidential candidate and now secretary of state, was lampooned for showing up in camouflage to go hunting less than two weeks before the election.

The latest commotion has its origins in the interview Mr. Obama gave to The New Republic, now owned by Chris Hughes, a Facebook co-founder and former Obama campaign aide. During the interview, Franklin Foer, the magazine's editor, referred to the fight over gun control and asked the president if he had ever fired a gun.

"Yes, in fact, up at Camp David, we do skeet shooting all the time," Mr. Obama said.

"The whole family?" Mr. Foer asked.

"Not the girls," he said, "but oftentimes guests of mine go up there. And I have a profound respect for the traditions of hunting that trace back in this country for generations. And I think those who dismiss that out of hand make a big mistake."

Mr. Obama went on to say that the reality of guns in urban areas differs from that in rural areas. "So it's trying to bridge those gaps that I think is going to be part of the biggest task over the next several months," he said. "And that means that advocates of gun control have to do a little more listening than they do sometimes."

The skeet-shooting comment caught many off guard because it is not something the president has talked about. While other presidents have used the skeet shooting range at Camp David, database searches of Mr. Obama's speeches and interviews turned up no prior mention of participating. No friend or guest has come forward in recent days to publicly describe shooting with the president.

"I would refer you simply to his comments," Jay Carney, the White House press secretary, told reporters who asked after the interview was published how often the president shoots. "I don't know how often. He does go to Camp David with some regularity, but I'm not sure how often he's done that."

Asked why no one had seen a picture or heard about it before, Mr. Carney said, "Because when he goes to Camp David, he goes to spend time with his family and friends and relax, not to produce photographs."

That did not satisfy the skeptics. The Washington Post's "Fact Checker" column cast doubt on the claim, while Fox News quoted an unnamed person saying Mr. Obama had participated once during a Marine competition at Camp David but not "all the time." Representative Marsha Blackburn, Republican of Tennessee, went on CNN to question the assertion.

"I tell you what I do think," Ms. Blackburn said. "I think he should invite me to Camp David, and I'll go skeet shooting with him and I bet I'll beat him."

Gun rights supporters said the president was evidently trying to reach out to gun owners to assuage their concerns about his legislative proposals.

"He clearly doesn't get it," said Chris Cox, the chief lobbyist for the National Rifle Association. "But in his effort to pursue a political agenda, he apparently is willing to convince gun owners that he's one of us, that he's a Second Amendment supporter."

Mr. Cox said no one was fooled. "Skeet shooting, whether you've done it or not, doesn't make you a defender of the Second Amendment," he said.

While White House officials privately dismissed skeptics by comparing them to "truthers" who doubted that Mr. Obama was born in Hawaii, even some liberals found the skeet-shooting comment hard to believe.

Jon Stewart of "The Daily Show" made fun of Mr. Obama's statement as well as those who doubted it. He essentially agreed with Mr. Cox that it was pointless for the president to try to reach out to gun rights supporters who do not believe him.

"The point is, Mr. President, what are you doing? Why try?" Mr. Stewart asked. "As far as most of your opponents go, no measure of detente, true or disingenuous, will ingratiate you to your opponents. It's a fool's errand."

Marxist Group Claims Attack on US Embassy in Turkey - New York Times

Posted: 02 Feb 2013 09:18 AM PST

ISTANBUL — In a statement that called the United States "the murderer of the peoples of the world," a Marxist group, with a history of political violence in Turkey, claimed responsibility for a suicide bombing at the American Embassy in Ankara.

The statement, which also denounced American foreign policy, was reportedly released by the Revolutionary People's Liberation Party, and a translation was distributed by the Site Intelligence Group, which monitors the communications of extremist groups. The message, which was released on a Web site that has previously carried statements from the group, condemned Turkey's policy of supporting Syria's rebels against the government of Bashar al-Assad.

The statement included details that were similar to those released so far by the Turkish authorities, although the group's message had a different first name for the bomber than the one given by Turkish officials and reported in the local news media.

The Turkish authorities said Saturday that the man who detonated himself at the American Embassy in Ankara on Friday, killing himself and one other, was a convicted terrorist who had twice attacked government facilities in Istanbul but was released from prison in 2002 under an amnesty program.

Officials in Ankara said Saturday they were awaiting the results of a DNA test before releasing the bomber's name, but officials in the Black Sea coastal town of Ordu identified him as Ecevit Sanli, 40, and said he was a registered citizen of their town. Authorities in Ordu said the bomber was identified by relatives through photographs.

The statement by the militant group included two photographs of the bomber (in one, he is holding an assault rifle, and a banner bearing the hammer-and-sickle communist symbol is behind him) that appeared to be the same person seen in photographs published by the news media. The group identified the bomber with the first name "Alisan."

The attack, coming in the wake of the assault on an American diplomatic facility in Benghazi, Libya, by Islamic extremists, raised fears that it was the work of jihadists. That the bomber appears to have ties to a relatively minor Marxist group, which was responsible for political violence in the 1970s, is likely to challenge assumptions about the nature of international terrorism and the risks to American interests abroad. American officials, however, have not confirmed the identity of the attacker, nor a motive, and the United States plans to conduct an investigation.

The statement from officials in Ordu said on Saturday that Mr. Sanli spent five years in prison after being arrested in 1997 for attacking a military hostel and police station in Istanbul. He was then released in 2002 under an amnesty program for inmates with medical conditions, the statement said.

The authorities said Mr. Sanli lobbed a hand grenade during Friday's attack just before detonating himself, suggesting there were actually two explosions.

As the investigation continues, the authorities are trying to determine whether Mr. Sanli had any collaborators. The Turkish newspaper Hurriyet reported that Mr. Sanli had fled to Germany after being released from prison, and had returned to Turkey only a few days before the attack.

The group has struck American and western targets in Turkey before, including during the gulf war in the early 1990s, and in its statement Saturday, the group condemned the recent deployment by NATO of Patriot missile batteries in southern Turkey.

In a report published several days before the bombing, Soner Cagaptay, director of the Turkish research program at the Washington Institute for Near East Policy, warned that Turkey's support of Syrian rebels in their fight against the government of Mr. al-Assad, as well as the deployment by NATO of Patriot missile batteries, was rallying Turkey's extreme left.

"The country's political landscape still bears vestiges of violent leftist movements from the 1970s, as well as deeply anti-American ultranationalism," he wrote. Mr. Cagaptay noted that some militant left-wing groups organized protests against the Patriot missile deployment in the southern port city of Iskenderun, where protesters have fired smoke grenades at NATO troops and burned American flags.

Sebnem Arsu contributed reporting.

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Jumaat, 1 Februari 2013

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Dow tops 14,000 for 1st time since 2007

Posted: 01 Feb 2013 04:22 PM PST

NEW YORK: US stocks rallied sharply Friday, with the Dow industrials closing above 14,000 for the first time since October 2007 following a positive US jobs report.

The Dow Jones Industrial Average closed at 14,009.79, up 149.21 points (1.08 per cent).

The broad-based S&P 500 finished at 1,513.17, up 15.06 (1.01 per cent), while the tech-heavy Nasdaq Composite jumped 36.97 points (1.18 per cent) to 3,179.10.

The Dow's breakthrough of the psychological 14,000 barrier followed a January US monthly jobs report that catalysed markets.

The report showed employers added 157,000 jobs in January, fewer than expected, and the jobless rate inched up to 7.9 per cent.

But revised data for all of 2012 heartened markets, with net job growth at an average of 181,000 a month, up from a prior estimate of 153,000.

The all-time Dow closing high was 14,164.53 on October 9, 2007.

The revisions to the 2012 jobs data "highlight even more how remarkably resilient the US labour market has been over the last two quarters," said Harm Bandholz of UniCredit.

The rally also came on the heels of corporate earnings reports that for the most part have either met or exceeded expectations.

All but two of the Dow's 30 blue-chip stocks rose: pharmaceutical giant Merck and computer maker Hewlett-Packard.

Among the Dow's biggest gainers were Bank of America (up 3.5 per cent), United Technologies (up 2.6 per cent), as well as telecoms AT&T (up 2.1 per cent) and Verizon Communications (up 2.2 per cent).

Oil company Chevron gained 1.2 per cent on encouraging earnings and a modest rise in year-over-year output.

ExxonMobil edged up 0.1 per cent. Despite reporting its best annual profits since 2008, fourth-quarter output fell below the year-ago level.

Merck fell 3.3 per cent after pushing back the time-frame for seeking approval for a much-anticipated osteoporosis drug.

Hewlett-Packard slipped 0.3 per cent after announcing it was closing a 1,100-employee site in Germany.

Anheuser-Busch InBev picked up 4.2 per cent one day after the Department of Justice sued to block the company's takeover of Mexican brewer Grupo Modelo.

Computer company Dell jumped 3 per cent amid talk that its plan to take itself private could be announced next week.

Pfizer's animal-health unit Zoetis soared 19.27 per cent to US$31.01 in its market debut, the biggest since Facebook's May 2012 initial public offering. The Zoetis IPO raised US$2.24 billion. -- AFP

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Deadly explosion at US Embassy in Turkey - CBS News

Posted: 01 Feb 2013 09:23 AM PST

Updated at 12:04 p.m. Eastern

ANKARA, Turkey A suicide bomber detonated an explosive device at an entrance to the U.S. Embassy in the Turkish capital on Friday, killing himself and one other person, officials said.

Play Video

Deadly explosion at U.S. Embassy in Turkey

16 Photos

Suicide bomber hits U.S. Embassy in Turkey

U.S. Ambassador Francis Ricciardione told reporters that a guard at the gate was killed in the 1:15 p.m. blast, and a Turkish citizen was wounded. Reuters quoted Ricciardione as saying the slain guard was a Turkish national. U.S. Embassies are usually guarded by a combination of local security personnel and American diplomatic security forces.

The bomb appeared to have exploded inside the security checkpoint at the side entrance of the embassy, but did not do damage inside the embassy itself. Footage showed that the door had been blown off its hinges and debris littered the ground and across the road. An Associated Press journalist saw a body in the street in front of an embassy side entrance.

Turkish Prime Minister Recep Tayyip Erdogan confirmed that it had been a suicide attack. White House spokesman Jay Carney called the attack "an act of terror."

There was no immediate claim of responsibility, but Interior Minister Muammer Guler told reporters "preliminary information" obtained by police indicated that the bomber was likely connected to a domestic left-wing militant group. He did not elaborate.

A police official, meanwhile, told The Associated Press that the bomber is most likely a suspected member of the outlawed Revolutionary People's Liberation Party-Front, or DHKP-C. He spoke on condition of anonymity because he was not permitted to speak to the press.

The group has been designated a terrorist organization by the United States but had been relatively quiet in recent years.

A source familiar with security at the embassy in Turkey told CBS News correspondent Margaret Brennan that, in their view, the security measures taken at the compound seemed to have worked, in that the attacker was unable to gain access to the main embassy building.

The source said the U.S. Embassy in Ankara is considered a high-security post, and there are Turkish police present at all times. All gates leading into the compound are manned by armed Turkish security guards, according to the source.

Police swarmed the area and several ambulances were dispatched. An AP journalist saw one woman who appeared to be seriously injured being carried into an ambulance.

The embassy building is heavily protected. It is near an area where several other embassies are located, including that of Germany and France. Police sealed off the area and journalists were being kept away.

Homegrown Islamic militants tied to al Qaeda have carried out suicide bombings in Istanbul, killing 58, in 2003. The targets were the British consulate, a British bank and two synagogues.

In 2008, an attack blamed on al Qaeda-affiliated militants outside the U.S. Consulate in Istanbul left three assailants and three policemen dead.

In the November 2003 attack on the British consulate, a suspected Islamic militant rammed an explosive-laden pickup truck into the main gate, killing British Consul-General, Roger Short, and his assistant, Lisa Hallworth.

CBS News senior correspondent John Miller, a former deputy director in the National Intelligence Director's office, noted on "CBS This Morning" the possibility of a connection to the recent Israeli airstrike in Syria, for which Damascus and its staunch ally Iran vowed to retaliate.

Iran, Miller says, has extensive intelligence operations in Turkey, and its Islamic militant group ally, Hezbollah, also has significant assets there.

"Iran, in terms of retribution, would stack Israel and the U.S. together," says Miller.

Turkey has become a harsh critic of the regime in Syria, where a vicious civil war has left at least 60,000 people dead. The first of six Patriot missile batteries being deployed to Turkey to protect against attack from Syria was declared operational and placed under NATO command on Saturday and others were expected to be operational in the coming days.

January Jobs Report: Unemployment Rate Up to 7.9 Percent, 157000 Jobs ... - ABC News

Posted: 01 Feb 2013 09:01 AM PST

The U.S. economy added 157,000 jobs in January as the unemployment rate ticked up to 7.9 percent from 7.8 percent, according to data from the U.S. Labor Department.

"This jobs figure today indicates that the engine of the economy is revving, but the car isn't going anywhere," said Tom di Galoma, managing director at financial services firm Navigate Advisors LLC.

Employment numbers for November were revised higher to 247,000 from 161,000. For December, they were also revised higher to 196,000 from 155,000.

"The uncertainty will be around what happens with government jobs, because the uncertain impact of the fiscal cliff in December may have led to some layoffs in January," said Kevin Dunning, global economist at the Economist Intelligence Unit.

Although the fiscal cliff was ultimately resolved Jan. 1, Dunning said he expected layoffs for federal government workers.

Still, Dunning said hiring had "been quite resilient despite all the fiscal uncertainty."

Both state and local governments cut 9,000 jobs in January, while the private sector created 166,000 jobs for the month.

Dunning said the "strong" jobs growth in the fourth quarter of last year was at odds with the mild contraction in GDP announced Wednesday.

"This suggests that fourth-quarter GDP growth may yet be revised upwards," he said.

The Commerce Department announced Wednesday that U.S. GDP decreased by an annual rate of 0.1 percent in the last three months of 2012, the first time the economy has contracted since the second quarter of 2009.

According to the Bureau of Labor Statistics' Unemployment Insurance Weekly Claims Report, for the week ending Jan. 26, the advance figure for seasonally adjusted initial claims was 368,000, an increase of 38,000 from the previous week's unrevised figure of 330,000. The four-week moving average was 352,000, an increase of 250 from the previous week's unrevised average of 351,750.

Stephen Bronars, a senior economist with Welch Consulting in Washington D.C., cautions people not to "overreact" to January's jobs report.

"Careful observers examine the size of the seasonal adjustment. January is a very difficult month for the BLS to forecast," he said.

Typically, payroll falls by 2.8 million between December and January because of seasonal workers' leaving jobs after the holidays, he said. But a report released Thursday by payroll provider ADP noted that private-sector employment increased by 192,000 for January 2013, on a seasonally adjusted basis.

This report, which does not include government or public jobs data, noted that goods-producing employment increased by 15,000 jobs in January, primarily fueled by a 15,000 increase in construction jobs. Manufacturing jobs, however, were down by 3,000.

Service jobs, including restaurant workers, health care workers, housekeepers, teachers and retail sales positions, increased by 177,000, with professional/business services adding 40,000 jobs for the month, the ADP report said. Trade/transportation/utilities added 33,000 jobs, and financial services added 12,000 jobs.

Businesses with 49 or fewer employees added 115,000 jobs in January, according to the ADP report. Employment levels among medium-size companies, that is, those with 50 to 499 employees, rose by 79,000, while employment at companies with 500 or more employees fell by 2,000.

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Khamis, 31 Januari 2013

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Research in Motion leads US stocks lower

Posted: 31 Jan 2013 04:16 PM PST

NEW YORK: US stocks finished lower Thursday, with BlackBerry maker Research in Motion losing 5.8 per cent after launching a new operating system and Dow Chemical sagging nearly 7 per cent on a quarterly loss.

The Dow Jones Industrial Average finished down 49.84 points (0.36 per cent) to 13,860.58.

The broad-based S&P 500 dropped 3.85 points (0.26 per cent) to 1,498.11.

The tech-heavy Nasdaq Composite slipped 0.18 (0.01 per cent) to 3,142.13.

Facebook, which reported disappointing earnings after the close Wednesday, pulled back from an early sharp fall to end down just 1.1 per cent.

The Justice Department's filing of a suit to block the US$20 billion takeover of Mexican brewer Grupo Modelo by the world's largest beer group, Anheuser-Busch InBev, sent their shares tumbling.

US anti-trust authorities said the merger would give ABI control of nearly 50 per cent of the US beer market.

ABI shares lost 5.9 per cent, and on Mexico's Bolsa, Grupo Modelo lost 6.7 per cent.

The biggest casualty of the Justice Department's move was Constellation Brands, which was expected to gain control of the US importer of Modelo products -- which include Corona -- in the deal.

Constellation shares finished down 17.4 per cent.

Other companies reporting earnings whose shares fell included ConocoPhillips (-5.1 per cent) and Time Warner Cable (-11.3 per cent).

Among key gainers, chipmaker Qualcomm's shares added 3.9 per cent after several brokers gave it an upgrade following its strong quarterly results.

Casino operators Las Vegas Sands added 7.2 per cent after beating revenue growth forecasts helped by a new China operation, despite missing expectations on the bottom line. -- AFP

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Hagel on defense during confirmation hearing grilling - CBS News

Posted: 31 Jan 2013 09:06 AM PST

Play Video

Hagel defends his record

Updated: 12:00 p.m. ET

Amid stubborn resistance from Senate Republicans, former Sen. Chuck Hagel, R-Neb., launched a strong defense of both his values and his record during his defense secretary confirmation hearing before the Senate Armed Services Committee today, arguing that despite some controversial former positions on Israel, Iran, and gay rights, "no one individual vote, no one individual quote, no one individual statement defines me, my beliefs, or my record."

Hagel, who must gain the support of a majority of the 26 members of the committee in order to face a full Senate confirmation vote, pledged his commitment President Obama's positions on "all issues of national security, specifically decisions that the Department of Defense is in the process of implementing now."

"Our nation's security is the highest priority of our leaders and our government," Hagel said in his opening remarks. "We cannot allow the work of confronting the great threats we face today to be held hostage to partisanship on either side of the aisle."

Hagel's nomination has been controversial from the get-go: Of particular concern to Republicans and many Democrats is his past opposition of some sanctions for Iran; for his having taken stances on Hezbollah and Hamas that critics have decried as overly lenient; and for criticism of what he called "the Jewish lobby," which invoked the ire of pro-Israel advocates. Additionally, Hagel came out as a vocal critic of former President George W. Bush's policies in Iraq.

Democrats, meanwhile, have had their own, added gripes with the pick: In addition to being a Republican, Hagel was targeted for making anti-gay comments about an ambassadorial nominee in 1998, whose nomination he opposed for being "openly, aggressively gay." He also voted on multiple occasions to limit abortion access for American servicewomen abroad.

Despite the ongoing controversy surrounding his record, Hagel today expressed pride in it -- not because, he said, "of any accomplishments I may have achieved, or certainly because of an absence of mistakes, but rather because I've tried to build that record based on living my life and fulfilling my responsibilities as honestly as I knew how and with hard work."

"My overall worldview has never changed: That America has and must maintain the strongest military in the world; that we must lead the international community to confront threats and challenges together; and that we must use all tools of American power to protect our citizens and our interests," he said.

Republicans were less charitable in their characterization of Hagel's record.

Sen. James Inhofe, R-Okla., the top Republican on the Armed Services Committee, called it "deeply troubling and out of the mainstream." Of Hagel's worldview, Inhofe said it was "predicated on appeasing our adversaries while shunning our friends."

Play Video

Hagel, McCain tussle over Iraq surge

Sen. John McCain, R-Ariz., a onetime friend of Hagel's who has not committed to vote for him, went after the former senator for his past opposition to the surge in Iraq, and asked him repeatedly whether or not his past assessment was a mistake.

"I'm not going to give you a yes or no answer," Hagel said, when pressed over whether he still believes the surge was, as McCain quoted him having once said, "the greatest foreign policy blunder since the Vietnam War." He said he thought the issue was more complicated than could be expressed in a one-word answer, and later explained his reasons for opposing the surge. He said he still wasn't sure whether or not it was necessary.

"I always ask the question is this going to be worth the sacrifice? Because there will be sacrifice," Hagel said. 

McCain, in contrast, essentially argued that the surge has been proven categorically and historically effective.

"I think history has already made a judgment about the surge and you're on the wrong side of it," McCain argued.

Even the committee's chairman, Sen. Carl Levin, D-Mich., said he and his colleagues would be interested in hearing Hagel's explanation of "troubling statements" he has made on a handful of foreign policy issues.

"There's much to be explored at this hearing," Levin said.

But Levin also signaled hedged support for Hagel's nomination, on the grounds that Mr. Obama "needs to have a Secretary of Defense in whom he has trust, who will give him unvarnished advice, a person of integrity and one who has a personal understanding of the consequences of decisions relative to the use of military force."

Hagel's confirmation is not a sure bet, but the numbers, for the time being, are on his side. Most Democratic senators appear to have ironed out their issues with the candidate in private, one-on-one meetings, and barring a congressional hold or a filibuster, he can squeak through the confirmation process without the support of his fellow Republicans.

Still, Hagel has virtually no margin of error in his path to confirmation: While no Democrats are promising to vote against him, a number have not pledged to vote in his favor, either. And so far, only one Republican, Sen. Thad Cochran of Mississippi, has said he will vote in favor of the president's pick, according to MSNBC.

In his opening remarks today, Hagel attempted to alleviate concerns about his controversial past statements, strongly emphasizing his commitment to preventing a nuclear Iran, and promising to stay supportive of "our friend and ally Israel."

"I am fully committed to the president's goal of preventing Iran from obtaining a nuclear weapon, and - as I've said in the past - all options must be on the table to achieve that goal," he said. "My policy is one of prevention, and not one of containment - and the President has made clear that is the policy of our government. As Secretary of Defense, I will make sure the Department is prepared for any contingency."

Child believed unharmed as Ala. hostage ordeal drags on - Detroit Free Press

Posted: 31 Jan 2013 09:27 AM PST

MIDLAND CITY, Ala. - A hostage standoff continued into the third day Thursday in rural Alabama where a man who kidnapped a 5-year-old boy from a school bus after killing the driver kept the child hostage in an underground bunker at his home, which was surrounded by police and SWAT teams.

Asked how long the standoff would last, Dale County Sheriff Wally Olson told reporters early Thursday, "We have no way of knowing that right now."

Dale County authorities said the child appeared to be on good condition, despite the ordeal.

"We have no reason to believe that the child has been harmed," Olson said.

State Rep. Steve Clouse, who met with authorities and visited the boy's family, said that the bunker had food and electricity, and that the boy was watching TV.

Authorities communicated with the suspect through a PVC pipe connected to the bunker, WSFA-TV reported, and were also able to pass some unidentified medicine for the boy.

Local residents attended vigils at several churches Wednesday night, lighting candles and praying for the boy's safe release, according to WSFA-TV.

A law enforcement official who is not authorized to speak to the media identified the man as Jimmy Lee Dykes, 65, a retired truck driver and Navy veteran.

"As far as we know there is no relation at all (between Dykes and the hostage). He just wanted a child for a hostage situation," said Michael Senn, a pastor who helped comfort traumatized children after the attack.

Sheriff's deputies had arrested Dykes on Dec. 22 and charged him with menacing for a Dec. 10 complaint, court records show. He spent four days in jail before posting the $500 bail.

His trial was to have begun Wednesday at 9 a.m.

Instead, he is accused of grabbing a 5-year-old boy off a school bus Tuesday afternoon after killing the 66-year-old bus driver, Charles Poland, who had tried to block access to the vehicle.

Patricia Smith, a neighbor whose two children were on the bus, said the gunman shot Poland four times and fled with the 5-year-old. The suspect then took the boy to a homemade bunker that he had apparently been constructing for years on his nearby property.

Authorities said Dykes lives in a small trailer at the end of a red dirt road, but they gave few details about the hostage standoff or whether Dykes had made any demands.

The Dale County Sheriff's Office reports Dykes is connected to the anti-government survivalist movement.

In an interview Wednesday with The Dothan Eagle, the bus driver's wife, wife, Jan Poland, recalled their ritual of sitting in their enclosed porch after he returned from driving, having coffee and watching the sun set or listening to the rain.

She said their favorite Bible verse was 2 Timothy 1:12, which she recited with their daughter, Lydia:

"For the which cause I also suffer these things: nevertheless I am not ashamed: for I know whom I have believed, and am persuaded that He is able to keep that which I have committed unto Him against that day."

"That is what I hold onto right now." she said, clutching her daughter's hand. "God knows. He is the one who is going to have to bring closure to my heart."

Terry Howard, the interim pastor at First Assembly of God in Newton, Ala., described Poland as "a good guy" who "loved to help people."

Protecting the children "would be in his nature," he said, noting that Poland's wife is a substitute teacher.

Authorities communicated with the suspect through a PVC pipe connected to the bunker, WSFA-TV reported, and were also able to pass some unidentified medicine for the boy.

Neighbors said Dykes had lived for about a year at the residence in Midland City, population 2,300. Before that he spent time in Texas and in Panama City, Fla., The Dothan Eagle reported.

Florida Department of Law Enforcement records show he was arrested in Panama City in February 1995 and charged with improper exhibition of dangerous weapons or firearms, a misdemeanor. The charge was dismissed four months later.

The Southern Poverty Law Center's Hatewatch, which tracks radical hate groups, said Tim Byrd, chief investigator with the Dale County Sheriff's Office, described Dykes as having "anti-America" views and ties with the anti-government "survivalist" movement.

"His friends and his neighbors stated that he did not trust the government, that he was a Vietnam vet, and that he had PTSD," Byrd said, according to Hatewatch. "He was standoffish, didn't socialize or have any contact with anybody. He was a survivalist type."

Michael Creel, who lives nearby, told The Eagle that Dykes' bunker, similar to those used against tornadoes, was 4 feet wide, 6 feet long and about 8 feet deep, covered in sand.

Neighbor Mike Smith said Dykes once threatened to shoot his children when the family's dogs entered his property.

Neighbor Ronda Wilbur said Dykes was known to go out in the middle of the night to shoot birds and rabbits. She said Dykes had cut down nearly all the trees on his lot, erected a wire fence and "would go berserk" if a dog strayed onto his land.

She said her dog died of injuries after Dykes beat it with a lead pipe.

Scott Johnson reports for the Montgomery Advertiser. Contributing: The Associated Press

Copyright 2012 USATODAY.com

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Rabu, 30 Januari 2013

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Puncak Semangat buys 10pc China Auto

Posted: 30 Jan 2013 05:50 PM PST

Puncak Semangat Sdn Bhd, believed to be linked to tycoon Tan Sri Syed Mokhtar Al Bukhary, is said to have bought shares in China Automobile Parts Holdings Ltd, resulting in the company owning more than 10 per cent stake in the automotive chassis components manufacturer.

"The private equity firm bought the shares of the just-listed Fujian Province-based company via the open market," said a source who requested to remain anonymous.

Asked for the rationale behind the acquisition, the source said:"At this point of time, it is unclear whether Puncak Semangat purchased the stake for investment or synergy purposes."

Syed Mokhtar, is no stranger to the automotive industry as he
owns the country's biggest automotive company, DRB-Hicom Bhd. DRB-Hicom is one of the major players in the automotive industry in Malaysia, being involved in the entire integrated chain of the automotive ecosystem such as manufacturing and supply of automotive components, assembly, distribution and sales of motorcycles and commercial vehicles, as well as, the distribution and sales of passenger cars.


China Automobile, meanwhile, makes replacement parts for commercial vehicles, particularly trucks, out of its sole production centre in the Fujian province.

The company is a specialist in manufacturing chassis components used in vehicles for transporting goods.

It sells five categories of products namely wheel-hub bolts, wheel axles, steel pins, u-bolts and torque-rod bushings.

Currently, the source said the company, which has seven patents registered in China, has no direct competitor in that country.

Its product lines are also supplied for after-market repair, maintenance and modification, with an emphasis towards catering for components used in heavy vehicles.

Demand for these after-market parts are driven by the need to periodically replace such parts, which endure significant wear and tear over the operating life span of goods-transporting vehicles, the source said.

Additionally, vehicles modified to carry heavier loads require reinforcement of its rear suspension system, which involve replacing existing parts with stronger models capable of enduring higher stress, he said.

At present, 65 per cent of its sales are derived from China while the rest comes from Southeast Asia and the Middle East.

Yesterday, China Automobile, Malaysia's first initial public offering (IPO) of the year, was the top gainer and most active counter.

Its share price surged 44 sen to RM1.12 before settling the trading day at 78 sen, up 10 sen from its IPO price of 68 sen, with 192 million shares exchanging hands. -- Bernama

Banks drop on short-term credit cut

Posted: 30 Jan 2013 06:39 PM PST

Shares of CIMB Group Holdings Bhd, Hong Leong Bank Bhd, Malayan Banking Bhd (Maybank), Public Bank Bhd and RHB Capital Bhd dropped after Moody's Investors Service cut the Malaysian lenders' short-term credit ratings on Thursday.

Moody's downgraded eight A3 rated Malaysian banks' short-term ratings to "Prime-2" from "Prime-1" to reflect the rating house's observations of the transition risks of short-term ratings that these lenders represent over time.

"Key determinant for assigning a short-term rating is an issuer's long-term risk of default," Moody's said in a research note.

"Moody's believes that, other things being broadly equal, lower long-term ratings imply not only increased default risk for long-term obligations but also increased default risk for short-term obligations," it added.

CIMB Group dropped 0.14 per cent to RM7.21 per share, Hong Leong was down 0.14 per cent to RM14.14, Maybank skidded 0.22 per cent to RM8.88, Public Bank fell 0.13 per cent to RM15.50 and RHB Capital dropped 0.13 per cent to RM7.73. -- Reuters
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Giffords: "Too many children are dying" - CBS News

Posted: 30 Jan 2013 09:11 AM PST

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Giffords: "Too many children are dying"

Updated: 12:27 p.m. ET

In remarks kicking off today's Senate Judiciary Committee hearing on gun violence, former Rep. Gabrielle Giffords, D-Ariz., made a defiant call for Congress to "be bold" and "act" on gun violence.

"Too many children are dying," she said. "We must do something."

Giffords, who survived a gunshot to the head two years ago during an assassination attempt that left six people dead, read slowly but forcefully from prepared remarks, and acknowledged that "speaking is difficult."

"But I need to say something important. Violence is a big problem," she said. "It will be hard. But the time is now. You must act. Be bold. Be courageous. Americans are counting on you."

The longstanding debate over the nation's gun laws has taken on renewed resonance in recent weeks, in the aftermath of a mass shooting last month that left 20 first-graders and six adult faculty members dead at a small-town elementary school in Newtown, Conn.

Since then, Mr. Obama and Vice President Joe Biden have vowed to enact meaningful change to reduce gun violence in America, and consulted stakeholders from all sides of the debate on how best to achieve that goal. In remarks unveiling his findings from that process earlier this month, Mr. Obama proposed a series of sweeping new laws, including the reinstatement of the assault weapons ban, universal background checks on gun buyers, and a ban on high-capacity magazine ammunition.

Today's congressional hearing marks the first on gun control since President Obama's proposals, and the Senate Judiciary Committee's first legislative hearing in the new Congress.

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Mark Kelly: With gun rights come responsibilities

Testifying before the committee this morning, former astronaut Mark Kelly, Giffords' husband, made an impassioned entreaty for bipartisan action to curb gun violence. Kelly, who with Giffords recently started a PAC with that same goal, said his first priority is fixing the nation's background check system.

"The holes and our laws make a mockery of the background check system. Congress should close the private sales loophole, and the dangers people entered into that system," he said.

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Kelly: Stronger background check would have stopped Tucson shooter

Kelly also called for tougher gun trafficking laws, the removal of limitations on collecting data and scientific research on gun violence, and "a careful and civil conversation about the lethality of fire arms we permit to be legally bought and sold in this country."

He stressed that both he and Giffords are gun owners, and that they support the "right to own a firearm for protection, collection and recreation."

"Gabby and I are pro-gun ownership. But we are also anti-gun violence," he said. "When dangerous people get dangerous guns, we are all the more vulnerable."

The implementation of universal background checks is thought to be among the White House's top priorities with regard to its gun control proposals, and James Johnson, chief of police for Baltimore County, Md., and chairman of the National Law Enforcement Partnership to Prevent Gun Violence, supported the notion of its efficacy.

"The best way to stop a bad guy from getting a gun in the first place is a good background check," Johnson said.

Johnson also said he's seen an "explosion of fire power since the assault weapons ban expired," and argued that "the ban on assault weapons, and high-capacity ammunition must be reinstated."

"Victims are being riddled with multiple gunshots," he said. "The common-sense measures we call for will not infringe on the Second Amendment rights, but will keep guns out of the dangerous hands of -- of people who are out there to commit danger in our society, and excessive firepower out of our communities."

While gun control advocates and many Democrats have applauded the White House for recent action on this issue, it's unclear which of these proposals -- if any -- can make it through the Republican-controlled House of Representatives. And the pro-gun lobby has already begun using its considerable resources to target the president's proposals.

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NRA CEO: "Be honest about what works" on gun violence

Wayne LaPierre, the CEO and Executive Vice President of the NRA, made the case this morning that efforts to curb gun violence should be focused strengthening school security and mental health resources. He also stated his opposition to closing gun show loopholes, arguing that criminals won't submit to background checks anyway. 

"The problem with gun laws is, criminals don't cooperate with them. The mentally ill don't cooperate with them," he said. "Law-abiding gun owners will not accept blame for the acts of violent or deranged criminals, nor do we believe the government should dictate what we can lawfully own and use to protect our families... We need to be honest about what works and what does not work. Proposals that would only serve to burden the law-abiding have failed in the past and will fail in the future."

Gayle Trotter, an attorney and senior fellow at the Independent Women's Forum, also argued that assault weapons provide a woman with "peace of mind" -- because "knowing she has a scary looking gun gives her more courage."

"An assault weapon in the hands of a young woman defending her babies at her home becomes a defense weapon," she said.

Nicholas Johnson, a law professor at Fordham University School of Law, also appeared as a witness at the hearing.

GDP unexpectedly shrinks, decline seen temporary - Reuters

Posted: 30 Jan 2013 08:49 AM PST

Containers await departure as crews load and unload consumer products at the Port of New Orleans along the Mississippi River in New Orleans, Louisiana in this file photo taken June 23, 2010. REUTERS/Sean Gardner

Containers await departure as crews load and unload consumer products at the Port of New Orleans along the Mississippi River in New Orleans, Louisiana in this file photo taken June 23, 2010.

Credit: Reuters/Sean Gardner

WASHINGTON | Wed Jan 30, 2013 12:27pm EST

(Reuters) - The economy unexpectedly contracted in the fourth quarter, suffering its first decline since the recession ended more than three years ago as businesses scaled back on restocking and government spending plunged.

Gross domestic product fell at a 0.1 percent annual rate after growing at a 3.1 percent clip in the third quarter, the Commerce Department said on Wednesday.

That was the worst performance since the second quarter of 2009 and showed the economy entering the new year with little momentum. Economists polled by Reuters had expected GDP to rise at a 1.1 percent rate and none had predicted a contraction.

But economists said there was no reason for panic.

Inventories and government spending sliced 2.6 percentage points from growth, a weight that was expected to lessen in the first three months of the year.

At the same time, consumer spending accelerated and business investment rebounded, suggesting some fundamental strength that should help to support the recovery even as Washington tightens its belt.

"We are not concerned that the economy is slipping back into recession," said John Ryding, chief economist at RDQ Economics in New York.

A second report showed private employers stepped up hiring in January, suggesting an improvement in the labor market. An increase in job gains could help the economy to weather the headwind of higher taxes and possible spending cuts this year.

The ADP National Employment Report showed private payrolls rose 192,000 in January after increasing 185,000 in December.

Stocks on Wall Street were mostly flat, while prices for U.S. Treasury debt fell and the dollar weakened against a basket of currencies.

The data was published as officials at the Federal Reserve wrap-up a two-day meeting. The report will likely provide ammunition for officials at the U.S. central bank to stay on their ultra-accommodative policy stance.

Economists say a growth pace in excess of 3 percent would be needed over a sustained period to significantly lower high unemployment. For the whole of 2012 the economy grew 2.2 percent, and a report on Friday is expected to show the jobless rate held at 7.8 percent for a third straight month in January.

INVENTORY DRAG

The economy was slammed by a monster storm in late October, which caused extensive damage along the East Coast. Economists said that could have cut around 0.5 percentage point off fourth-quarter growth.

The recovery also had to deal with uncertainty over the so-called fiscal cliff of scheduled tax hikes and budget cuts, which hurt confidence even though households and businesses seemed to largely shrug off the worries.

Businesses, caught with too much inventory in their warehouses in the third quarter, slowed their stock building in the final three months of the year.

That slowdown reduced GDP growth by 1.27 percentage points, the most in two years.

But with the pick-up in consumer spending in the fourth quarter, businesses now will need to replenish stocks, which should help lift growth early this year.

"The near stall in inventories and stronger durable spending suggest greater cyclical recovery momentum than expected," said Steven Wieting, an economist at Citigroup in New York.

Excluding inventories, the economy grew at a 1.1 percent rate, slowing from the third quarter's 2.4 percent.

Government spending tumbled at a 6.6 percent rate as defense outlays plunged at a 22.2 percent pace, wiping out the previous quarter's gains. The decline in defense spending was the largest since the third quarter of 1972.

Government subtracted 1.33 percentage points from growth. The likelihood of fresh spending cuts suggests government outlays will remain a drag on the economy, but not as big of a weight as in the fourth quarter.

Export weakness also cut into GDP. Exports have been hampered by a recession in Europe, a cooling Chinese economy and storm and strike-related port disruptions. Overall trade cut a quarter of a percentage point from the change in GDP. Exports fell for the first time since the first quarter of 2009.

RISING INCOME PROVIDES A BRIGHT SPOT

In one bright spot, the report showed that income available to households after taxes and inflation increased at a strong 6.8 percent rate in the fourth quarter.

In addition, the saving rate rose by more than a percentage point, which should cushion households against higher taxes.

Consumers were helped by an easing in inflation.

A price gauge in the report advanced at just a 1.2 percent pace, down from 1.6 percent in the third quarter. So-called core prices increase just 0.9 percent, the smallest gain in two years.

Consumer spending, which accounts for more than two-thirds of economic activity, rose at a 2.2 percent rate, accelerating from the prior quarter's 1.6 percent growth pace, while business investment rebounded after its first drop in 1-1/2 years.

The housing market was another positive.

Residential construction grew at a 15.3 percent rate after notching a 13.5 percent growth pace in the third quarter.

Homebuilding added to growth last year for the first time since 2005.

"A turnaround in the housing market will be a key support to the economy this year, with homebuilding contributing to growth and higher home prices supporting consumer spending," said Stuart Hoffman, chief economist at PNC Financial in Pittsburgh.

(Additional reporting by Leah Schnurr in New York; Editing by Andrea Ricci)

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