Wednesday, October 23, 2013

McConnell wins praise from some in Kentucky

FILE - In this Oct. 15, 2013 file photo, Senate Minority Leader Sen. Mitch McConnell, R-Ky. walks on Capitol Hill in Washington. In the midst of a double-barreled re-election fight, Mitch McConnell is earning praise back home _ and from some of the most unlikely of corners _ for brokering of the deal that ended the partial government shutdown and averted a potential default on U.S. debt. (AP Photo/ Evan Vucci, File)







FILE - In this Oct. 15, 2013 file photo, Senate Minority Leader Sen. Mitch McConnell, R-Ky. walks on Capitol Hill in Washington. In the midst of a double-barreled re-election fight, Mitch McConnell is earning praise back home _ and from some of the most unlikely of corners _ for brokering of the deal that ended the partial government shutdown and averted a potential default on U.S. debt. (AP Photo/ Evan Vucci, File)







FILE - In this Aug. 3, 2013 file photo, Louisville businessman Matt Bevin, the Senate primary election opponent of Senate Minority Leader Mitch McConnell of Ky. speaks in in Fancy Farm, Ky. In the midst of a double-barreled re-election fight,McConnell is earning praise back home _ and from some of the most unlikely of corners _ for brokering of the deal that ended the partial government shutdown and averted a potential default on U.S. debt. (AP Photo/Stephen Lance Dennee)







FRANKFORT, Ky. (AP) — In the midst of a double-barreled re-election fight, Mitch McConnell is earning praise back home from some unlikely corners for brokering the deal that ended the partial government shutdown and averted a potential default on U.S. debt.

"He did yeoman's work making sure this thing got fixed," said Owensboro tobacco farmer Rod Kuegal, a Democrat.

Newspaper opinion pages that typically disagree with McConnell also give him positive marks. Among them: the Lexington Herald-Leader, which said McConnell "does deserve credit for what he does best — managing in the real, messy world of democratic government."

While McConnell may have temporarily hushed Democratic foes who call him "the guardian of gridlock," his collaboration with Senate Majority Leader Harry Reid, D-Nev., to break the impasse again riled tea party Republicans and other conservatives who long have criticized him.

"We're feeling betrayed," says Tim Isaac, a tea party Republican in Wilmore who owns a small information technology company. "Either he's one of us or he's not, and based on what he did," he's not.

By deciding to work with Democrats, McConnell became the latest Republican to show a willingness to risk the ire of tea partyers by making the pragmatic decision rather than the ideologically pure one. Earlier this week, New Jersey Gov. Chris Christie stopped fighting legal gay marriage in his state, angering parts of the GOP's conservative base but endearing him to others across the political spectrum.

Even Republican allies say McConnell faced a tough choice as the shutdown entered a third week.

He could stand firm with conservative demands for more spending cuts — a move that could help overcome a challenge from tea party-backed Matt Bevin — while angering everyone else he'd need to win another term. Or he could look to next fall and broker a deal with Democrats. That would enrage the tea party but endear himself to the broader electorate of independents and moderates whose backing he will need in the general election against Democrat Alison Lundergan Grimes

In the end, McConnell's decision suggested a confidence that he can overcome such gripes from the tea party, which has never fully warmed to him. It also reflected his campaign's belief that he'll ultimately win the primary over Bevin and will face a tougher fight from Grimes in the general election next fall.

One year out, the electoral environment is shaping up to be difficult for Republicans.

Voters of all stripes are fed up with gridlock in Washington. And national polls show that Americans overwhelmingly blame the GOP for the standoff.

That could be a potential problem for McConnell, the top Senate Republican who is seeking his sixth term and is deeply unpopular in the state.

But McConnell's shutdown maneuvering may have undercut that argument, even though Democrats have spent nearly $1 million on TV ads this year painting him as "Sen. Gridlock.

Grimes, McConnell's chief Democratic challenger claims McConnell had hidden in the shadows through much of the debt-ceiling debate until it was nearly too late. She argued the five-term senator opted to negotiate only because of political pressure back home, and that he now "is attempting to pat himself on the back for finally deciding to do his job."

Tea party activists say McConnell will be punished for compromising instead of siding with tea party lawmakers. They were demanding that any deal to end the shutdown include provisions gutting funding for President Barack Obama's health care law.

Bevin, a Louisville businessman and McConnell's underfunded primary opponent, charged that he "negotiated the GOP surrender" despite his promise that he "would fight to eliminate Obamacare 'root and branch.'

And, within days of the deal being struck, the Senate Conservatives Fund, a conservative group sharply critical of the budget deal and that had been hammering McConnell in TV ads, promised to work on Bevin's behalf.

That criticism aside, voters from various quarters say they give him credit for being the go-to guy for hammering out bipartisan agreements.

Robert Myer, a Democrat who is the co-owner of a Mayfield lumber company, applauded McConnell for helping end the shutdown and says he had few options because of Obama's unwillingness to negotiate.

"I'm more appalled at Obama for doing nothing," he said.

Other Democrats also give McConnell credit for deftly handling the situation.

"Somebody had to give in ... At least old Mitch was wily enough to get something for Kentucky out of it, even if he had to cave," said retired teacher June Rice.

Kuegal, the Owensboro farmer, gave McConnell credit for a nearly $2.9 billion appropriation to replace the Olmsted Lock and Dam on the Ohio River between Kentucky and Illinois, saying: "That was pretty amazing."

But while McConnell supported the money, Sen. Dianne Feinstein, D-Calif., chairwoman of the appropriations committee that handles spending on water projects, and Sen. Lamar Alexander, R-Tenn., the top Republican on that panel, got the provision in the budget agreement.

McConnell got credit for the deal from The Independent, in the Ohio River city of Ashland, which said in an editorial: "Our reasoning is simple: Allowing the federal government to default on its loan obligations or killing a project that is critical to transporting goods on the Ohio River had the potential of devastating the economy of this region."

Associated PressSource: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-10-23-US-Budget-Battle-McConnell/id-d469bfc6fe0645a088f91c90c9ffeb2e
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Netflix Rebounds From 2011 Stumbles By Listening To Audience


Audie Cornish talks to Brian Stelter, media reporter for The New York Times, about the success of Netflix and how the video streaming company has turned itself around.



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AUDIE CORNISH, HOST:


We have a few more numbers for you now from a superstar tech company that stumbled painfully and publicly back in 2011 but appears to be on solid footing again. I'm talking about Netflix. Now, remember when the company changed its prices and divided its DVD rental and streaming services, and then quickly reversed course when customers howled?


Well, yesterday, Netflix released its third-quarter earnings. In just the past year, the company's stock price has more than tripled. For the first time in the U.S., its streaming service has reached and passed the 30 million subscriber mark. And it earned 14 Emmy nominations for its original programs, including "House of Cards" starring Kevin Spacey.


(SOUNDBITE OF SERIES, "HOUSE OF CARDS")


KEVIN SPACEY: (as Francis) As for me, I'm just a lowly House majority whip. I keep things moving in a Congress choked by pettiness and lassitude. My job is to clear the pipes and keep the sludge moving. But I won't have to be a plumber much longer. I've done my time. I've backed the right man.


CORNISH: For more on the rise and fall and rise again of Netflix, I'm joined by Brian Stelter of the New York Times. Hey there, Brian.


BRIAN STELTER: Hi there.


CORNISH: So, I'm going to start in the middle back in 2011. What did Netflix and its then embattled CEO, Reed Hastings, do to get the company back on track after what were, you know, basically an embarrassing and damaging couple of months?


STELTER: I think the answer might be embedded in your introduction, when you were talking about how Netflix reversed course once it heard from its customers. Netflix listened to its customers and has continued to listen to its customers ever since. And that might be part of the secret to its success.


CORNISH: And he didn't just listen, he apologized, right? I remember that.


STELTER: That's right. A rather unusual public apology from a chief executive of a big company. Sometimes that's rather refreshing for people to see. But Netflix is quite good at knowing what its customers want and quite good at pleasing its customers by giving them more of what they want. Lately, its original programming strategy is evidence of this. By having original shows like "House of Cards" and "Orange is the New Black," Netflix is giving customers a reason to come back. And that sort of customer-centered strategy is probably partly the answer to what got them back on track.


CORNISH: Now, Brian, you write about an interesting challenge for Netflix, one that they're still trying to overcome. You call it the TV two-step. What is that and what are they doing about it?


STELTER: You know, it's every time you go from watching cable to watching something on Netflix. You have to pick up the remote control, change the input on your television, hope that the other box you've hooked up to your TV actually works. That's the two-step that many people know how to do, but many people don't know how to do. And what Netflix would like someday is to have a button on your normal remote control that pulls up Netflix automatically.


It'd like to be accessible through the cable set top box experience that most people are used to. It'll be nice for Netflix to show up on the on-screen guide right next to NBC and Fox News. Now, that's probably a long ways off, but Netflix is now talking to cable operators about making that happen, and it'll probably happen someday.


CORNISH: We've learned it's dangerous, frankly, to predict the future of a company like Netflix. I mean, a lot of people wrote them off two years ago. Do you see any warning signs now that this resurgence itself is fragile?


STELTER: The more bearish analysts that cover Netflix say that the concern for the company going forward is that it is spending an enormous amount of money on programming, mostly by licensing shows that have already been on television elsewhere. For example, "New Girl" and "Breaking Bad," you know, these sort of catch-up shows that are on Netflix. But it's also spending a lot on original programming like "House of Cards" and "Orange is the New Black." And these more bearish analysts say that Netflix is going to have to walk a tight wire of sorts to make sure it can afford all of the promises it's made basically to pay for this programming while it continues to gain subscribers. They say it's going to be a challenge for Netflix to keep its balance sheet in a comfortable place.


CORNISH: That's Brian Stelter, a reporter for the New York Times. Brian, thank you so much.


STELTER: Thank you.


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Iran Minister: Man Who Survived Hanging Shouldn't Be Executed





A blindfolded man convicted of armed robbery, kidnapping and slaying of two policemen, awaits execution in Tehran in 2011.



Mohammad Hadi Khosravi/AP


A blindfolded man convicted of armed robbery, kidnapping and slaying of two policemen, awaits execution in Tehran in 2011.


Mohammad Hadi Khosravi/AP


Iran's justice minister says a convicted drug smuggler who survived an attempted execution by hanging earlier this month shouldn't go back to the gallows.


As we reported last week, the 37-year-old man, identified as Alireza M, was found alive in the morgue by his family following a 12-minute hanging. After the incident, an Iranian judge reportedly said Alireza would hang again once he had recovered from the botched execution.


Now, Iran's ISNA news agency quotes Justice Minister Mostafa Pourmohammadi as saying that going ahead with a second execution attempt would have "[negative] repercussions for Iran's image," according to the BBC.


However, as the BBC notes, "The government has no direct control over the judiciary which has to decide whether a second execution takes place."


Amnesty International has condemned the "horrific prospect" of a second execution attempt for the man.


"[After] having gone through the whole ordeal already once, merely underlines the cruelty and inhumanity of the death penalty," Amnesty's Middle East and North Africa Program director Philip Luther said last week.


Iran has one of the highest rates of execution in the world.


Source: http://www.npr.org/blogs/thetwo-way/2013/10/23/240248761/iran-minister-man-who-survived-hanging-shouldn-t-be-executed?ft=1&f=
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Lilly profit beats Wall Street estimates, helped by cost cuts


By Ransdell Pierson


(Reuters) - Eli Lilly and Co on Wednesday reported higher-than-expected quarterly earnings, helped by cost cuts and a big price increase for top-selling antidepressant Cymbalta, which begins facing generic competition in December.


The Indianapolis drugmaker said it had earned $1.20 billion, or $1.11 per share, in the third quarter, compared with $1.33 billion, or $1.18 per share, a year earlier, when it took special charges for a partnership agreement.


The profit handily topped the analysts' average forecast of $1.04 per share, according to Thomson Reuters I/B/E/S.


Analysts expect the company's earnings to plunge perhaps 25 percent in 2014, as generic versions of Cymbalta and osteoporosis drug Evista flood the market and batter sales of the two blockbuster brands.


Even so, Atlantic Equities analyst Richard Purkiss said investors would probably be rewarded after 2015, when harm from the patent expirations subsides and profits rebound from growing sales of other drugs and the introduction of new Lilly treatments for cancer and other diseases.


"Lilly is likely to be the fastest-growing big-cap pharmaceutical company from 2015 to 2017, once the generic hit from Cymbalta and Evista is over, with double-digit earnings growth," Purkiss said. In the meantime, he said investors can count on a continuation of Lilly's generous dividend.


Shares of Lilly were down 0.1 percent at $50.09 in morning trading.


One of the company's most closely watched experimental drugs is ramucirumab, which when used by itself prolonged survival of patients with stomach cancer in late-stage trials. Some analysts believe its annual sales could exceed $1.5 billion by 2020 if it is approved for the hard-to-treat condition, and other forms of cancer.


Lilly said on Wednesday that U.S. regulators had assigned a priority review to ramucirumab and might decide by the second quarter of 2014 whether to approve it.


The company's sales rose 6 percent to $5.78 billion in the third quarter, slightly above Wall Street expectations of $5.76 billion, with most of the growth coming from price increases on its medicines. Global revenue would have risen 8 percent, if not for the weaker dollar, which lowers the value of sales in overseas markets.


The company squeezed 11 percent growth for Cymbalta by raising prices, bringing those sales to $1.38 billion. But the number of prescriptions filled for Lilly's flagship product declined.


Sales of lung cancer drug Alimta rose 7 percent to $691 million, while anti-impotence treatment Cialis jumped 9 percent to $527 million. Sales of Evista, which loses patent protection early next year, were up 3 percent at $256 million.


Lilly's marketing, selling and administrative expenses shrank by 6 percent in the quarter.


The company raised the low end of its full-year earnings forecast, excluding special items, to $4.10 a share from $4.05 while keeping the top end at $4.15.


(Reporting by Ransdell Pierson; Editing by Jeffrey Benkoe and Lisa Von Ahn)

Source: http://news.yahoo.com/lilly-beats-wall-street-third-quarter-expectations-helped-104804303--finance.html
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Miami's NCAA saga comes to an end with sanctions

Miami head coach Al Golden gestures during team practice, Tuesday, Oct. 22, 2013, in Coral Gables, Fla. Miami's football team will lose nine scholarships and the men's basketball team will lose three, as part of the penalties the school was handed Tuesday by the NCAA as the Nevin Shapiro scandal presumably drew to a close. (AP Photo/Wilfredo Lee)







Miami head coach Al Golden gestures during team practice, Tuesday, Oct. 22, 2013, in Coral Gables, Fla. Miami's football team will lose nine scholarships and the men's basketball team will lose three, as part of the penalties the school was handed Tuesday by the NCAA as the Nevin Shapiro scandal presumably drew to a close. (AP Photo/Wilfredo Lee)







FILE - This image from Sept. 2003, video shows Miami booster Nevin Shapiro gesturing on the field at an NCAA college football game between Miami and Florida, in Miami, Fla. A person familiar with the situation tells The Associated Press that Miami will lose nine football scholarships over three years as part of the penalties in the Nevin Shapiro booster scandal. The person spoke on condition of anonymity because the NCAA report was not being publicly released until 10 a.m. EDT, Tuesday, Oct. 22, 2013. (AP Photo/WFOR/CBS4) ONLINE OUT







Missouri coach Frank Haith talks with reporters during Southeastern Conference NCAA college basketball media day in Birmingham, Ala., Wednesday, Oct. 16, 2013. (AP Photo/Dave Martin)







Miami head coach Al Golden, right, talks with defensive back Antonio Crawford during team practice Tuesday, Oct. 22, 2013, in Coral Gables, Fla. Miami's football team will lose nine scholarships and the men's basketball team will lose three, as part of the penalties the school was handed Tuesday by the NCAA as the Nevin Shapiro scandal presumably drew to a close. (AP Photo/Wilfredo Lee)







(AP) — When the NCAA's long-awaited decision arrived Tuesday morning, Miami athletic director Blake James realized it was what he expected all along.

"Fair," James said. "But significant."

And final. The Miami-NCAA saga is over.

More than 2½ years after former booster and convicted felon Nevin Shapiro contacted the NCAA from prison and began detailing his role in rampant rule-breaking by those involved with Miami's football and men's basketball programs, the Hurricanes got their final penalties. The most notable sanctions are the nine lost football scholarships over three years and one lost basketball scholarship in each of the next three seasons.

A three-year period of probation, which started Tuesday, and some recruiting restrictions are also part of the penance.

But for the first time since 2010, Miami's football team — currently undefeated and ranked No. 7 nationally — will be heading to a bowl game.

"I want to sincerely thank our student-athletes and their families who, not only stood with the University of Miami during this unprecedented challenge, but subsequently volunteered for the mission," Miami football coach Al Golden said in a statement released by school officials. "They shouldered the burden, exhibited class and exemplified perseverance for Hurricanes everywhere."

Miami said in February that it would appeal any sanction beyond what it had already self-imposed. Over time, that stance softened, and the Hurricanes are accepting what the NCAA handed down.

No appeal is coming, at least not by the Hurricanes.

None is coming from Missouri basketball coach Frank Haith, either. Haith will miss the first five games of Missouri's upcoming season because of what the NCAA said his role was in the Shapiro scandal, and said Tuesday that "it's time for closure.

Three former Miami assistant coaches got two-year show-cause bans, including Clint Hurtt, who's part of the football staff at Louisville.

"It's relief that we finally have a decision," Miami President Donna Shalala told The Associated Press. "It's been a long haul. But I don't have any anger or frustration."

The sheer size of the Miami investigation was unlike almost any other, with 18 general allegations of misconduct with 79 issues within those allegations, along with 118 interviews of 81 individuals by the NCAA's count. The committee wanted to complete its work within eight weeks; it took more than 18 weeks between the end of the Miami hearing and the release of Tuesday's decision, mainly because of the staggering amount of material that needed review.

"This case is among the most extraordinary in the history of the NCAA," said Britton Banowsky, the Conference USA commissioner who chairs the NCAA's Committee on Infractions, which handed down Tuesday's decision.

The NCAA said Miami lacked "institutional control" when it came to monitoring Shapiro, a charge the school was hoping to avoid. "Many of Miami's violations were undetected by the university over a 10-year period," the NCAA wrote in the statement releasing Tuesday's news.

But since this saga started, Miami has tried to make sweeping changes in the way it handles its compliance practices and that along with the school's decision to self-impose significant sanctions like sitting out three postseason football games and enacting recruiting restrictions was clearly looked upon favorably by the committee.

"We're going to move on," Shalala said. "We've got a lot of work to do in the compliance area. We've obviously put a lot of new things in place over the last three years. But making sure that we reduce the risk — significantly reduce the risk — of this happening again is an ongoing, continuous improvement strategy."

The NCAA decision will affect all of Miami athletics, in that any Hurricanes staff member who sends an impermissible text to a prospect will be fined a minimum of $100 per message, and coaches involved will be suspended from all recruiting activities for seven days. The NCAA said a probe of Miami actually started in 2009, when the school self-reported impermissible telephone calls and texts.

Then Shapiro, who is serving a 20-year prison term for masterminding a $930 million Ponzi scheme, got involved, and the scope grew immeasurably.

"I'm glad the NCAA recognized and appreciated the self-imposed efforts that were at such a significant level," ACC Commissioner John Swofford said.

Some of the NCAA's would-be accusations were erased early this year, when it was found that investigators improperly cooperated with Shapiro's attorney — a Miami alum — and gleaned some of their information wrongly from her. Banowsky insisted none of that information was considered by the infractions committee.

"We didn't get off easy," James said. "Could I see someone saying, 'Hey, congratulations for getting to the end?' Yes. Could I see someone saying, 'Hey, congratulations for what you got?' No. We got significant penalties."

Associated PressSource: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-10-22-Miami-NCAA-Investigation/id-355972920e244828bc43535480a1480e
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Liberal Hand-Wringing Aids the Unhinged Right


As predictably as night follows day, on Monday the media establishment pivoted away from obsessing about GOP extremism and the party’s alleged “civil war” to the “train wreck” that is, allegedly, the Affordable Care Act.



And liberals helped lead the pivot.


Don’t get me wrong: The problems with Healthcare.gov are real, and disturbing, and must be fixed asap. (Think Progress has a dispassionate assessment here.) But excuse me if I believe the president knows that without my telling him. It’s like watching the 21st century version of the rise of the Democratic Leadership Council, and I feel the way I did back then: On the one hand, yes, it’s important for Democrats to acknowledge when government screws up, and to fix it.





Source: http://www.realclearpolitics.com/2013/10/23/liberal_hand-wringing_aids_the_unhinged_right_318407.html
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This Is the iPad You Should Buy

This Is the iPad You Should Buy
Yesterday, Apple rolled out a new iPad Air and a mini with a Retina display. Including the iPad 2 and the original iPad mini -- which company left the in its lineup -- that leaves four tablets with multiple configurations. ...


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