Embraer announces the resignation of its chairman and shares of Bank United jump on the news it's for sale. The Justice Department considers prosecuting executives over WV mine explosion. Apple suspends sales of the iPhone 4s in China. And Lionsgate St...
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In N Korea we have banned all organized religion, so I can't get the Denver game. #nfl #tebow #broncos #steeers #denver 
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After the Rose Parade, what's left behind? 50 tons of garbage lat.ms/AzpWfM 
latimes Los Angeles Times
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MADRID ? Spain's Parliament approved the new conservative government's first austerity measures Wednesday, which aim to rein in the country's swollen deficit with euro8.9 billion ($11.5 billion) in spending cuts.
The measures, which also include income and property tax hikes, were approved by 197 deputies in the 350-seat lower house, where the ruling Popular Party has an absolute majority of 185 seats after a landslide election win in November.
Finance Minister Cristobal Montoro said the measures were severe but necessary, owing to what he called the mismanagement of the economy by the former Socialist government.
"The economy is stopped, we're on the verge of a recession and the accounts are unbalanced as a consequence, among other things, of the deplorable decisions taken by the former government, which only made the situation worse," Montoro told lawmakers.
Spain is battling to avert being dragged further into a debt crisis that has already forced Greece, Ireland and Portugal to seek financial bailouts.
In 2010, Spain began to emerge from a near two-year recession triggered by the collapse of a property and construction bubble that had fueled growth for nearly a decade. The country now has a 21.5 percent unemployment rate ? the highest in the eurozone ? and Economy Minister Luis de Guindos said recently the economy would slide back into recession early this year with the last quarter of 2011 and the first of 2012 both registering negative growth.
The country received another economic blow Thursday with the National Statistics Institute reporting that industrial production fell 7 percent year-on-year in November, the sharpest drop since October 2009, and down from a 4.2 decline the previous month.
"The fall in industrial output in November was deeper than expected, and with other key indicators, suggest that the economy is mired in deep contraction territory," IHS Global Insight economist Raj Badiani said in a note.
"The latest economic data and survey evidence provide compelling evidence that the economy suffered a sharp reverse in the final quarter of 2011, with real GDP probably contracting 0.4 percent quarter-on-quarter."
In Parliament, Montoro accused the former Socialist government of deliberately hiding figures that showed that Spain's deficit for 2011 would be 8 percent of national income, and not 6 percent as the Socialists had claimed. He said the deviation represented an estimated euro20 billion ($25.4 billion) "black hole."
However, Prime Minister Mariano Rajoy has acknowledged that the deficit of regional governments, most of which are run by his own conservative party, was responsible for 75 percent of the deviation.
Other measures in the austerity package include a freeze on civil servants' salaries and on practically all government hiring. Pensions, however, are to be increased by 1 percent, the only area of spending to rise. Taxes on income and property will also be raised but only for two years.
Treasury Minister Cristobal Montoro said the tax increases will be progressive, with the wealthiest paying more and that the impact on lower-income earners will be minimal.
The government projects that the tax increases will bring in euro6.2 billion ($7.9 billion) on top of the euro8.9 billion saved on the spending cuts.
The package was part of an extension of the 2011 budget because the last government did not pass one for 2012. More austerity measures are expected when the government presents its 2012 budget by the end of March.
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There was a time, earlier in my career, when voting on the Baseball Hall of Fame was a clean, clearly defined exercise, allowing me to honor the careers of can?t-miss candidates like Wade Boggs and Eddie Murray, while taking up the fight for the underappreciated, like Goose Gossage and Bert Blyleven.
Those were the days, when forgiveness of sins was as benign as cutting Roberto Alomar a break for having spit on umpire John Hirschbeck. Next year, however, the election process dissolves into chaos when the referendum on steroids arrives with the class of 2013, which includes Barry Bonds, Roger Clemens, Sammy Sosa, Mike Piazza, Craig Biggio and Curt Schilling [stats].
Good luck to anyone trying to make sense of the ballot?s hazy instructions, which urges voters to consider a candidate?s "character." But, how, exactly does that apply to the juicers?
Punish the ones who openly admitted to cheating? No forgiveness for them?
How about the ones who were suspected but never caught or, for that matter, not even mentioned in the Mitchell Report? Obviously it?s a messy science, although some have suggested a black-and-white solution: Either let them all in, or banish them all to purgatory, convicts and suspects alike.
I used to think steroids were no great trespass on the game ? nothing more than an outgrowth of the cocaine era in the ?80s. Instead of snorting, players in the ?90s started injecting, recreational drugs giving way to performance-enhancing drugs. And, goodness, did the sport take off: Home runs traveled farther, fastballs were routinely clocked in the mid-90s, as the players themselves grew to NFL proportions.
The leap in athleticism was irresistible; for a brief time I was swept up by this futuristic leap. But that?s before a player I covered peeled back the layers of steroids? so-called magic. It was all fake, he said. Yes, he was a juicer. On condition of anonymity, he explained why steroids changed the balance of power in such an unfair way.
"I got bigger and stronger and all that, but for me the difference was in my vision," he said. "It was unbelievable how much better I could see, and how much easier it was to see the seams spinning. That meant I could wait longer on every pitch. I identified every pitch right out of the pitcher?s hand. Hitting was so easy I actually felt guilty at first."
That was enough to convince me that steroids was like putting illegal super-fuel in a race car. And if that illegally fueled car set a world record, would it be considered a legitimate feat?
Of course not, unless every driver was given the same access. And therein lies the real scandal of the ?90s and early millennium. Major League Baseball knew the cheating was rampant, and should?ve chosen one of two paths.
Either legalize steroids and let the players make their own choices about the health risks. Or else, the industry should?ve banded together sooner to wipe out every last syringe. That includes Bud Selig, who took too long to admit his sport had a problem, the players? association, which should?ve pushed for across-the-board testing to protect the non-cheaters, and, yes, the media (myself included) for not asking harder questions.
Instead, we?re all covered with this era?s residue. Some voters say they?ll pay no mind to steroids next year ? it?ll be an election process driven strictly by numbers. Others vow they?ll never vote for the rogue stars, including Bonds and Clemens. Deciding on Piazza, however, who never was openly accused and never tested positive, will be a challenge if only because of the cloud of suspicion followed him throughout his career.
Luckily, I?ve got a year to weigh the evidence, not to mention my conscience. Are rumors enough to keep a guy out of Cooperstown? As of today, I think not. The first litmus test was Jeff Bagwell, who, like Piazza, put up big numbers in the middle of the steroid era. Any connection to steroids was circumstantial at best; I gave him my vote this time around.
Along with Bagwell, here was the rest of my ballot:
?Barry Larkin: If only every candidate made it this easy. Larkin body-surfed his way into the Hall with 86 percent on Monday, rightfully rewarded for being one of history?s 10 best shortstops. There wasn?t much Larkin couldn?t do ? his all-around athleticism, combined with the absence of any other slam-dunk candidates, allowed him to jump 24 percentage points from last year?s voting.
?Alan Trammell: Strictly on numbers ? and, more specifically, on WAR (Wins Above Replacement) Trammell had a much better career than he was given credit for. Trammell?s 66.8 WAR is fourth among eligible players not in the Hall. And remember, he had more hits and RBI than Larkin, including seven .300-plus seasons. Trammell also won four gold gloves to Larkin?s three.
Source: http://feedproxy.google.com/~r/bostonherald/sports/baseball/~3/1KhEF4AtFdY/view.bg
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NASHUA, N.H.?If you showed up on time for Ron Paul?s first New Hampshire rally since the Iowa caucuses, you had to be prepared to walk. A parking lot outside a Nashua air hangar filled up long before the event began, and helpful security guards turned cars away from the private lots nearby. Paul?s people, undeterred, parked along the winding road from downtown. By the time Paul started, there were cars with ?Don?t Tread on Me? and ?R3VOLUTION? and ?Campaign for Liberty? stickers stretching for a mile.
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