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Fiscal Cliff Deal: World Markets Celebrate Certainty - Yahoo! Finance

Global markets screamed higher on Wednesday, propelled by a familiar ending to the unprecedented Fiscal Cliff debacle. After all the noise, the Cliff was exposed as the sham it was: a fake deadline set up by politicians otherwise unmotivated to do their jobs.

The Dow, Nasdaq and S&P 500 are up 2% in early trading.

In spirit, it was perhaps akin to children setting their own bedtimes. After blowing the New Years Eve deadline, the kids voted to move the date for making firm 'this-time-we-mean-it' decisions.

That's not to say nothing changed. President Obama followed through on his vow to jam the wealthy. For the purposes of the U.S. taxation system couples making more than $450,000 a year are now rich. Those lucky few will see their tax rate rise to 39.6%.

In exchange for the largest tax hike in decades, the Republicans won back $1 of spending cuts for every $41 of increased revenue.

The automatic cuts that served as the rocks at the bottom of the cliff were pushed out to a debt ceiling debate in two months. At that point, it is promised, $110 billion in cuts will be made in a discretionary manner.

Estimates vary, but the deficit reduction benefits of the bill are somewhere in the neighborhood of $600 billion over the next 10 years. Like all things "long-term" in Washington no one expects the final figure to be anything resembling what is being promised.

The President won, the Republicans lost and the rich got hammered, albeit with plenty of loopholes. It's business as usual. The worldwide rallies are a celebration of certainty that Washington DC will never change.

Source: http://finance.yahoo.com/blogs/breakout/fiscal-cliff-deal-world-markets-celebrate-certainty-121129481.html

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Lawyer behind Newtown claim says meant to prevent future attacks

(Reuters) - The lawyer who filed and then quickly withdrew a $100 million legal claim against the state of Connecticut in the wake of the deadly Newtown elementary school shooting said on Wednesday his motive in the case is to prevent future school massacres and that he continues to investigate evidence for a future claim.

New Haven, Connecticut-based attorney Irving Pinsky, appearing on CNN, said his job is "to stop this happening again."

"It hurts me, but I know it's coming," Pinsky said, referring to the likelihood of a future attack on a school.

Pinsky, hired by the family of an unidentified six-year-old girl who survived the attack, said 20-year-old Adam Lanza's assault was a foreseeable event and officials failed to prevent it. Lanza's December 14 massacre left 20 first graders and six staff members dead at Sandy Hook Elementary School in Newtown, the second deadliest school shooting in U.S. history.

"It had to be assumed that this was going to happen somewhere, sometime," Pinsky said.

When pressed with indications that Sandy Hook Principal Dawn Hochsprung, who was killed in the attack, had recently increased security measures, which appears to have forced Lanza to shoot his way through the main doors to gain entry to the school, Pinsky replied the entrance was supposed to be constructed of bulletproof glass.

Last week, Pinsky had filed notice with the state that he was seeking permission to sue the State of Connecticut Board of Education, Department of Education and Education Commissioner for what he claims were lapses that allowed the attack to occur.

On Monday Pinsky dropped his claim, but said on CNN he has a year to refile it and he is actively collecting evidence in that effort, echoing comments he made to Reuters on Tuesday.

He added that the state is not the only target of his investigation.

"We're not only going after the State of Connecticut," Pinsky said, without elaborating.

The survivor, referred to as Jill Doe, "has sustained emotional and psychological trauma and injury, the nature and extent of which are yet to be determined," the claim said.

On Monday, Connecticut Attorney General George Jepsen called the claim misguided and said a public policy response by the U.S. Congress and the Connecticut state legislature would be more appropriate than legal action, according to a spokeswoman.

By law, any claim against the state must be approved by the state claims commissioner before it can move forward. The state attorney general serves as the state's defense attorney.

Lanza shot and killed his mother and took his own life as well, police said, in the violence which has prompted extensive debate about gun control and the suggestion by the National Rifle Association that schools be patrolled by armed guards.

Pinsky also indicated that backlash against him for filing the claim, including death threats, played a role in the decision to withdraw it. Asked why he had not chosen to pursue the NRA for its role in promoting the proliferation of firearms in the United States, Pinsky answered: "When you say something about the NRA you get double bonus death threats."

(Reporting by Dan Burns; Editing by Nick Zieminski)

Source: http://news.yahoo.com/lawyer-behind-newtown-claim-says-meant-prevent-future-151809745.html

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The Top 12 Medical Breakthroughs of 2012 - Health News and ...

medical breakthroughs

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Scientists didn?t discover a magic pill for colds or the fountain of youth in 2012, but the year was still full of significant medical milestones. From new drugs for cancer and HIV to genetic discoveries to renewed guidelines (and lively discussions) on mental health and birth control, here?s a look at some of the year?s most memorable headlines.

Woman moves her prosthetic limb with brainpower

In December, University of Pittsburgh scientists announced that a woman paralyzed from the neck down had successfully been outfitted with a robotic hand that can be controlled by her thoughts?the first prosthesis to be operated by mind-control.

Diagnostic and Statistical Manual of Mental Disorders gets long-awaited revise
Changes to the American Psychiatric Association?s ?Bible of psychiatry,? also known as the DSM, were finally approved in December. The manual?s new version, DSM-5 will replace the current DSM-4, which has been in use since 1994, in the spring of 2013. Among the changes, ?autistic disorder? will become ?autistic spectrum disorder,? and will include Asperger?s syndrome. ?Binge-eating disorder? and ?disruptive mood dysregulation disorder? will also be added to the new collection of medical conditions.

Doctors recommend broader access to birth control, emergency contraception

In November, the American College of Obstetricians and Gynecologists recommended that birth control be sold over the counter in pharmacies. Just a few days later, the American Academy of Pediatrics updated their guidelines on emergency contraception, as well, saying that doctors should tell their teenage patients about the morning-after pill, and should write them a prescription if they?re sexually active.

Majority of U.S. cities now smoke free
A milestone in the fight against cigarette smoke took place this year, when a report found that, as of October, 30 of the country?s 50 largest cities were protected by laws that prohibit smoking in all indoor areas of private workplaces, restaurants, and bars. In fact, almost half of all Americans are protected by state or local anti-smoking laws, compared with less than 3% in 2000.

Connecticut school shooting sets stage for talks about mental health care
If anything even remotely positive comes out of the tragic murder of 26 Sandy Hook Elementary School students and teachers by a 20-year-old gunman in December, it may be renewed interest in our country?s mental health system. In addition to renewed discussions about gun control, experts are questioning whether we?re doing enough to get troubled kids the help they need.

Truvada approved for HIV prevention
A drug used to treat HIV symptoms was also found effective for preventing HIV in high-risk groups, including gay men and sexual partners of HIV patients. Truvada became the first drug approved for reducing the risk of HIV infection when it was approved by the FDA in July.

Researchers make new genetic discoveries about autism, Alzheimer?s, mental illness
A study published in April revealed how scientists at the University of Washington in Seattle had identified hundreds of spontaneous mutations (those which aren?t passed down from parents) in the genetic sequences of autistic patients. That same month, researchers at the University of California Los Angeles reported on the largest brain study conducted to-date, during which they discovered genetic variants that increase a person?s risk of certain mental illnesses and Alzheimer?s disease.

Smallpox virus joins the fight against breast cancer

In October, researchers from Memorial Sloan-Kettering Cancer Center in New York City and Stanford University Medical Center in Palo Alto, Calif., revealed that they had successfully used a modified smallpox virus to infect and kill breast cancer cells in mice. The research focuses on what?s known as triple-negative breast cancer, for which there are not currently many long-term treatment options.

Early study finds promise for lung cancer vaccine
In a small preliminary study, a new vaccine extended the lives of patients with lung cancer by an average of 14.5 months, according to preliminary results presented in April. Larger, double-blind studies and published results are still needed, however, before the vaccine may become available to the public.

Blood test may reveal baby?s gender soon after conception

Big news for expectant parents: One day, you may be able to learn the sex of your unborn baby as early as the first trimester. A South Korean study published in January revealed how a blood test can earlier and more accurately determine whether a pregnant woman is carrying a boy or girl.

First drug approved for most common skin cancer
Skin cancer is the most common form of cancer, and until this year there was no drug approved to treat the most common form of skin cancer itself, basal cell carcinoma. In January, the FDA approved Erivedge (vismodegib), the first medication indicated for the treatment of basal cell skin cancer that has spread or is deemed unsuitable for surgery or radiation.

Dirt-cheap diabetes drug may also fight cancer
The year?s final medical breakthrough is somewhat of a surprise, considering it involves a drug that?s been on the market for years now. Metformin ? a generic (and therefore relatively inexpensive) drug used to treat diabetes ? may also help prevent cancer, scientists have recently discovered. The findings have yet to be confirmed in large scale clinical trials, but in the meantime, cancer researchers are excited about the possibility of this potential low-cost way to save lives.

Source: http://news.health.com/2013/01/01/the-top-12-medical-breakthroughs-of-2012/

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GameStick starts tiny console Kickstarter | GamesRadar


GameStick isn't the first Android-powered low-cost games console to hit Kickstarter. It isn't the first to promise an open environment for developers and competitors alike with freely available manufacturing specs and development kits. It may be the first one to cram the system into a flash-drive-sized HDMI stick which can fit in its own controller.

TV gaming company PlayJam, which previously developed a Smart TV gaming network, says it's in the last stretch but needs at least $100,000 from backers to push the tiny console into full production. Working prototypes for GameStick and its white Jony Ives-ian controller are already in use, and PlayJam hopes to start distributing the consoles in April.

PlayJam is prepared to receive myriad comparisons to Ouya (like, for instance, the first paragraph of this article) but the company believes its experience in the TV games sector and portability set it apart.

"Ouya ran a fantastic campaign but it would be premature to assume that they will own the market with their offering," PlayJam CEO Jasper Smith told GamesIndustry International.

"Competition is good and we're the proof. In the short time that Android games consoles have started to come through, we have been able to push the manufacturing boundaries further than before to create a powerful yet more affordable solution at a fraction of the size, capable of supporting hundreds if not thousands of games."

The Kickstarter campaign will run until February 1, and if you want a GameStick of your own you'll need to pledge at least $79.

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Source: http://www.gamesradar.com/gamestick-starts-tiny-console-kickstarter/

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i've been pondering some self-improvement, but let's not call

SQUATLO RANT: I'VE BEEN PONDERING SOME SELF-IMPROVEMENT, BUT LET'S NOT CALL 'EM "RESOLUTIONS"...

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I'VE BEEN PONDERING SOME SELF-IMPROVEMENT, BUT LET'S NOT CALL 'EM "RESOLUTIONS"...

??????????

Okay, so maybe I'm not exactly "perfect" in my current configuration.? But this "resolution" thing is taking it too far, in my opinion.

?????????? Every year we muddle along, putting on weight, ignoring our dental issues, letting household improvements slide, telling ourselves that THIS will be the fresh start we need to finally drop the pounds, clean out the garage, fix the roof, repaint the bedrooms, caulk the tubs, etc. etc. etc. and in the end, we punish ourselves for a week or two in early January, then revert to whatever got us into such sorry shape to begin with.

?????????? My resolution this year is to make no bullshit resolutions.? My lovely (and dangerous) wife, on the other hand, has already started carrying through on her threats to impose a new diet plan for the two of us.? I call her "cleansing" proposals a diet of brush and potpourri... and I've been subjected to this shit in the past.? It's not nearly as horrible as I pretend it is, but if I don't act sufficiently miserable she'll just keep ratcheting up the levels of bland roughage until we're actually surviving on twigs and sunflower hulls.

??????????? Sigh...

??????????? I prefer to make resolutions I can keep.? For instance, I'm perfectly willing to give up Brussel sprouts, boiled okra, gin, and going to church.? I already hate all of those things.? See how easy this is?

??????????? I can give up peanut brittle, coconut, wild women, and day trading, too.? Being a married man who never eats peanut brittle or coconut, who already HAS a wild woman, and who doesn't know a damn thing about the stock market helps with this series of sacrifices I'm willing to make.

?????????? But for Christ's sake, baby, don't tell me we can't have cheese, or hamburgers, or baked potatoes with butter, or cold beer!? Don't hide the sausage-cheese balls, or put the fudge in the freezer labeled as "asparagus".? Surely we can compromise!

?????????? Compromise... what a concept.? I read in the morning paper where Congressional leaders and our President are trying to pound out some kind of agreement to avoid a brush and potpourri diet of sequestration cuts and taxes... and I'm willing to bet those assholes have a better chance at reaching a happy medium than we do here at Chateau Squatlo.

?????????? If you come over to visit, please bring beer and something totally decadent to eat.

?????????? I'd do it for you...
????????

???????????

Source: http://squatlo-rant.blogspot.com/2012/12/ive-been-pondering-some-self.html

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Car Audio, Video, and GPS: 62% to 68% off, deals from $80 + free ...

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Source: http://shopper.cnet.com/2740-3425_9-117382.html

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