Iran Moderate Wins, Ten Cents on the Dollar

 Iran Vote: Moderate cleric Hasan Rowhani is the winner of the election to succeed President Mahmoud Ahmadinejad. He is expected to allow more personal freedom in Iran and be less confrontational with the West.

National: Detroit’s emergency manager says some of its creditors will have to accept payment of as little as ten cents on the dollar. Manager Kevyn Orr said it’s not meant to be a hostile act toward creditors but “an acknowledgment and recognition of the realities that we can no longer deal with.” He’s trying to avoid putting the broke city into bankruptcy.

  • Chrysler said it is freezing its traditional pension plan for salaried workers at the end of the year and move its employees into a defined benefit plan. About 8,000 people are affected. Under a defined benefit plan, money is deposited into accounts for individual employees. Big companies say pension plans are killing them and defined plans are cheaper.

The Data Mine: Facebook and Microsoft say they have received thousands of government requests for information about their users. Facebook general counsel Ted Ullyot said that in the last six months of 2012 the company received requests involving 18,000 to 19,000 accounts. “From things like a local sheriff trying to find a missing child, to a federal marshal tracking a fugitive, to a police department investigating an assault, to a national security official investigating a terrorist threat,” Ullyot said.

World: The Syrian Army is pounding rebel forces in Damascus and Aleppo as the rebels wait to see what kind of military aid they will get from the west … and when. Since Hezbollah fighters from Lebanon joined the fight, the rebels have been on the ropes. But the army has problems of its own. Seventy officers defected to Turkey in recent days.

  • A bomb on a bus in Pakistan killed eleven female university students. A second bomb went off at the hospital where victims of the first blast were taken, and gunmen took over the building. Four of them were killed.

Growing Crowd: The world population will reach 8.1 billion by the year 2025, an increase of 1.1 billion, according to a United Nations projection. By 2028 both China and India will have a population of 1.45 billion.

Hmmm: CBS News confirms that both the business and personal computers of investigative correspondent Sharyl Attkisson have been compromised by unknown parties fishing for information. CBS says they hired a cyber security firm, which found that the intrusions were fairly sophisticated. “This party also used sophisticated methods to remove all possible indications of unauthorized activity, and alter system times to cause further confusion.” So far they don’t know who did it.

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Friday, March 29, 2024

Page Two

The Most Corrupt Justice

Monday, October 2, 2023

Democracy and Video in the Dark

Sunday, February 26, 2023

Page Two: Do the Right Thing

Tuesday, February 1, 2022

Page Two: Sound Recall

Monday, September 13, 2021

Page Two: Cuomo Must Go

Friday, August 13, 2021

Trump and the Truth

Tuesday, November 3, 2020

The “Great” President

Monday, March 30, 2020

The Wright Stuff

Saturday, February 29, 2020

It's Been Said

"In my mind, I’ve never crossed the line with anyone, but I didn’t realize the extent to which the line has been redrawn. There are generational and cultural shifts that I just didn’t fully appreciate, and I should have, no excuses."

-Andrew Cuomo, resigning as governor of New York after accusations of sexual harassment

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