Sunday, March 21, 2010
House Approves Landmark Bill to Extend Health Care to Millions
Congress gave final approval on Sunday to legislation that
would provide medical coverage to tens of millions of
uninsured Americans and remake the nation's health care
system along the lines proposed by President Obama.
By a vote of 219 to 212, the House passed the bill after a
day of tumultuous debate that echoed the epic struggle of the
last year. The action sent the bill to President Obama, whose
crusade for such legislation has been a hallmark of his
Democrats hailed the votes as historic, comparable to the
establishment of Medicare and Social Security and a long
overdue step forward in social justice.
Live Coverage of the Final Throes of Healthcare ReformThe House is expected to vote this weekend on the health care bill passed by the Senate in December. Republicans have vowed to do everything they can to kill the bill. What will happen??
Tune in as P.O.T.U.S. brings you live coverage Sunday, 4 pm - 9 pm ET.
Also get live coverage on SIRIUS Right and SIRIUS Left.
Thursday, March 18, 2010
Whether or not you have health insurance right now, the reforms we seek will bring stability and security that you don't have today.
This isn't about politics. This is about people's lives. This is about people's businesses. This is about our future. ”
- President Barack Obama
The President has unveiled a proposal for health insurance reform that puts American families and small business owners in control of their own health care. His proposal begins to give middle class families and small business owners the health care security they've been losing over the past 16 years.
The President’s Proposal puts American families and small business owners in control of their own health care.Over the past year the House and the Senate have been working on an effort to provide health insurance reform that lowers costs, guarantees choices, and enhances quality health care for all Americans. Building on that year-long effort, the President has now put forth a proposal that incorporates the work the House and the Senate have done and adds additional ideas from Republican members of Congress. The President has long said he is open to any good ideas for reforming our health care system, and he looks forward to discussing ideas for further improvements from Republicans and Democrats at an open, bipartisan meeting on Thursday.
The proposal will make health care more affordable, make health insurers more accountable, expand health coverage to all Americans, and make the health system sustainable, stabilizing family budgets, the Federal budget, and the economy:
- It makes insurance more affordable by providing the largest middle class tax cut for health care in history, reducing premium costs for tens of millions of families and small business owners who are priced out of coverage today. This helps over 31 million Americans afford health care who do not get it today – and makes coverage more affordable for many more.
- It sets up a new competitive health insurance market giving tens of millions of Americans the exact same insurance choices that members of Congress will have.
- It brings greater accountability to health care by laying out commonsense rules of the road to keep premiums down and prevent insurance industry abuses and denial of care.
- It will end discrimination against Americans with pre-existing conditions.
- It puts our budget and economy on a more stable path by reducing the deficit by $100 billion over the next ten years – and about $1 trillion over the second decade – by cutting government overspending and reining in waste, fraud and abuse.
Key Provisions in the President’s Proposal:
The President’s Proposal builds off of the legislation that passed the Senate and improves on it by bridging key differences between the House and the Senate as well as by incorporating Republican provisions that strengthen the proposal.
One key improvement, for example, is eliminating the Nebraska FMAP provision and providing significant additional Federal financing to all States for the expansion of Medicaid. For America’s seniors, the proposal completely closes the Medicare prescription drug “donut hole” coverage gap. It strengthens the Senate bill’s provisions that make insurance affordable for individuals and families, while also strengthening the provisions to fight fraud, waste, and abuse in Medicare and Medicaid to save taxpayer dollars. The threshold for the excise tax on the most expensive health plans will be raised from $23,000 for a family plan to $27,500 and will start in 2018 for all such plans. And another important idea included is improving insurance protections for consumers and creating a new Health Insurance Rate Authority to review and rein in unreasonable rate increases and other unfair practices of insurance plans.
Summaries of Key Elements of the President’s Proposal:
- Title I: Quality, Affordable Health Care for All Americans
- Title II: The Role of Public Programs
- Title III: Improving the Quality and Efficiency of Health Care
- Title IV: Prevention of Chronic Disease and Improving Public Health
- Title V: Health Care Workforce
- Title VI: Transparency and Program Integrity
- Title VII: Improving Access to Innovative Medical Therapies
- Title VIII: Community Living Assistance Services and Supports Act (CLASS Act)
- Title IX: Revenue Provisions
- Title X: Reauthorization of the Indian Health Care Improvement Act
Health insurance reform will change that by giving American families and small businesses more control over their own health care. While in Ohio earlier this week, President Obama detailed just what health insurance reform means for America’s middle class:
For the first time, uninsured individuals, small businesses, they’d have the same kind of choice of private health insurance that members of Congress get for themselves. Understand if this reform becomes law, members of Congress, they’ll be getting their insurance from the same place that the uninsured get theirs, because if it’s good enough for the American people, it’s good enough for the people who send us to Washington.
So basically what would happen is, we’d set up a pool of people; millions of people across the country would all buy into these pools that give them more negotiating power. If you work for a big company, you’ve got a better insurance deal because you’ve got more bargaining power as a whole. We want you to have all the bargaining power that the federal employees have, that big companies have, so you’ll be able to buy in or a small business will be able to buy into this pool. And that will lower rates, it’s estimated, by up to 14 to 20 percent over what you’re currently getting. That’s money out of pocket.
And what my proposal says is if you still can’t afford the insurance in this new marketplace, then we’re going to offer you tax credits to do so. And that will add up to the largest middle-class tax cut for health care in history. That’s what we’re going to do…
Look, I want everybody to understand -- the wealthiest among us can already buy the best insurance there is. The least well among us, the poorest among us, they get their health care through Medicaid. So it’s the middle class, it’s working people that are getting squeezed, and that’s who we have to help, and we can afford to do it.
Wednesday, March 17, 2010
St. Patrick's Day is celebrated on March 17, his religious feast day and the anniversary of his death in the fifth century. The Irish have observed this day as a religious holiday for over a thousand years. On St. Patrick's Day, which falls during the Christian season of Lent, Irish families would traditionally attend church in the morning and celebrate in the afternoon. Lenten prohibitions against the consumption of meat were waived and people would dance, drink and feast—on the traditional meal of Irish bacon and cabbage.
St. Patrick's Day is celebrated by the Irish and Irish at Heart in big cities and small towns alike with parades, "wearing of the green," music and songs, Irish food and drink, and activities for kids such as crafts, coloring and games. Its a time for fun. Some communities even go so far as to dye rivers or streams green! See all the Parades & Events going on around the World to celebrate St Patricks Day 2010 here and find your nearest Irish Pub!
The First Parade
The first St. Patrick's Day parade took place not in Ireland but in the United States. Irish soldiers serving in the English military marched through New York City on March 17, 1762. Along with their music, the parade helped the soldiers reconnect with their Irish roots, as well as fellow Irishmen serving in the English army.
Over the next 35 years, Irish patriotism among American immigrants flourished, prompting the rise of so-called "Irish Aid" societies like the Friendly Sons of Saint Patrick and the Hibernian Society. Each group would hold annual parades featuring bagpipes (which actually first became popular in the Scottish and British armies) and drums.
In 1848, several New York Irish Aid societies decided to unite their parades to form one New York City St. Patrick's Day Parade. Today, that parade is the world 's oldest civilian parade and the largest in the United States, with over 150,000 participants.
Each year, nearly three million people line the 1.5-mile parade route to watch the procession, which takes more than five hours. Boston, Chicago, Philadelphia and Savannah also celebrate the day with parades involving between 10,000 and 20,000 participants.
St. Patrick, the patron saint of Ireland, is one of Christianity's most widely known figures. But for all his celebrity, his life remains somewhat of a mystery.
It is known that St. Patrick was born in Britain to wealthy parents near the end of the fourth century. He is believed to have died on March 17, around 460 A.D. Although his father was a Christian deacon, it has been suggested that he probably took on the role because of tax incentives and there is no evidence that Patrick came from a particularly religious family. At the age of sixteen, Patrick was taken prisoner by a group of Irish raiders who were attacking his family's estate. They transported him to Ireland where he spent six years in captivity. (There is some dispute over where this captivity took place. Although many believe he was taken to live in Mount Slemish in County Antrim, it is more likely that he was held in County Mayo near Killala.) During this time, he worked as a shepherd, outdoors and away from people. Lonely and afraid, he turned to his religion for solace, becoming a devout Christian. (It is also believed that Patrick first began to dream of converting the Irish people to Christianity during his captivity.)
Guided By Visions
After more than six years as a prisoner, Patrick escaped. According to his writing, a voice-which he believed to be God's-spoke to him in a dream, telling him it was time to leave Ireland.
To do so, Patrick walked nearly 200 miles from County Mayo, where it is believed he was held, to the Irish coast. After escaping to Britain, Patrick reported that he experienced a second revelation-an angel in a dream tells him to return to Ireland as a missionary. Soon after, Patrick began religious training, a course of study that lasted more than fifteen years. After his ordination as a priest, he was sent to Ireland with a dual mission-to minister to Christians already living in Ireland and to begin to convert the Irish. (Interestingly, this mission contradicts the widely held notion that Patrick introduced Christianity to Ireland.)
Bonfires and Crosses
Familiar with the Irish language and culture, Patrick chose to incorporate traditional ritual into his lessons of Christianity instead of attempting to eradicate native Irish beliefs. For instance, he used bonfires to celebrate Easter since the Irish were used to honoring their gods with fire. He also superimposed a sun, a powerful Irish symbol, onto the Christian cross to create what is now called a Celtic cross, so that veneration of the symbol would seem more natural to the Irish. (Although there were a small number of Christians on the island when Patrick arrived, most Irish practiced a nature-based pagan religion. The Irish culture centered around a rich tradition of oral legend and myth. When this is considered, it is no surprise that the story of Patrick's life became exaggerated over the centuries-spinning exciting tales to remember history has always been a part of the Irish way of life.
Monday, March 15, 2010
Green technologies development is a myth? or a sustaintable project development
What is Green Technology?
The term “technology” refers to the application of knowledge for practical purposes.
The field of “green technology” encompasses a continuously evolving group of methods and materials, from techniques for generating energy to non-toxic cleaning products.
The present expectation is that this field will bring innovation and changes in daily life of similar magnitude to the “information technology” explosion over the last two decades. In these early stages, it is impossible to predict what “green technology” may eventually encompass.
- Sustainability - meeting the needs of society in ways that can continue indefinitely into the future without damaging or depleting natural resources. In short, meeting present needs without compromising the ability of future generations to meet their own needs.
- “Cradle to cradle” design - ending the “cradle to grave” cycle of manufactured products, by creating products that can be fully reclaimed or re-used.
- Source reduction - reducing waste and pollution by changing patterns of production and consumption.
- Innovation - developing alternatives to technologies - whether fossil fuel or chemical intensive agriculture - that have been demonstrated to damage health and the environment.
- Viability - creating a center of economic activity around technologies and products that benefit the environment, speeding their implementation and creating new careers that truly protect the planet.
GREEN TECHNOLOGY SUBJECT AREAS
- Energy - Perhaps the most urgent issue for green technology, this includes the development of alternative fuels, new means of generating energy and energy
- Algae- to-Fuel Research Enjoys Resurgence at NREL - NREL maintains a repository of hundreds of strains of algae that could be used to make biofuels. The strains must be grown and maintained under strict temperature and light conditions. Passenger jets cruise at 35,000 feet without a hiccup. Catfish farmers lease ponds to biofuels entrepreneurs. Venture capitalists sink $1 billion into green crude.BD Medical and Millipore Corp. Purchase Green Power for ManufacturingBD Medicaland Millipore Corp. collectively committed to purchase 47 million kilowatt-hours (kWh) of green power annually and joined the Green-e Marketplace program, which enables them to display the Green-e logo on product packaging or marketing materials to help customers identify products and services produced using certified renewable energy.
- Green building - Green building encompasses everything from the choice of building materials to where a building is located.
- Green chemistry - The invention, design and application of chemical products and processes to reduce or to eliminate the use and generation of hazardous substances.
- Green nanotechnology - Nanotechnology involves the manipulation of materials at the scale of the nanometer, one billionth of a meter. Some scientists believe that mastery of this subject is forthcoming that will transform the way that everything in the world is manufactured. “Green nanotechnology” is the application of green chemistry and green engineering principles to this field.
Common Language for Carbon in Sight: Leading Rating Tool Providers to Sign MOU
A landmark Memorandum of Understanding between BREEAM, LEED and Green Star and the UK Green Building Council will be signed on Tuesday at
Environmentally preferred purchasing - This government innovation involves the search for products whose contents and methods of production have the smallest possible impact on the environment, and mandates that these be the preferred products for government purchasing.
Environmentally Preferable Purchasing (EPP) - Environmentally Preferable Purchasing (EPP) helps the federal government "buy green," and in doing so, uses the federal government's enormous buying power to stimulate market demand for green products and services. 5
The P2 (Pollution Prevention) Recognition Project honors companies for developing innovative chemistry and technologies that further pollution prevention and other environmental goals. EPA believes that by recognizing these companies it gives them and other companies engaged in similar work a positive incentive to create new, safer chemicals and technologies 6
Nanotech Safety High on Congress’ Priority List The House Science and Technology Committee introduced legislation today that highlights the growing attention on Capitol Hill to the need to strengthen federal efforts to learn more about the potential environmental, health and safety (EHS) risks posed by engineered nanomaterials. Introduction of the bill comes only months after J. Clarence (Terry) Davies authored a report that makes a series of recommendations for improving federal risk research and oversight of engineered nanomaterials at EPA, the FDA and the CPSC.
|Waste to Energy|
Today's breakthroughs are a good start, but the best is yet to come. From at-home hydrogen fueling stations to toxic-waste-eating trees, a look at the most promising solutions of tomorrow. Business 2.0 Magazine) -- The planet's most pressing environmental problems - global warming, energy shortages, over fishing, pollution - may seem just too big to be solved with today's technology. But don't despair: A lot of bright minds are working on futuristic projects that promise to make the world greener while making entrepreneurs some green. It's save-the-world stuff like toxic-waste-eating trees, smart electricity grids, oceangoing robots, and floating environmental sensors. Then there's the alternative-energy home fueling station that could jump-start the long-awaited hydrogen economy. This technology may seem far out - but it will probably be here a lot sooner than you think.1. Home hydrogen fueling station
2. Environmental sensor networks
3. Toxin-eating trees
4. Nuclear waste neutralizer
5. Autonomous ocean robots
6. Sonic water purifier
7. Endangered-species tracker
8. The interactive, renewable smart power grid
Saturday, March 13, 2010
Netbook or Notebook: Which Is Best for You?author firstname.lastname@example.org Michael Cuellar posted 3/9/2010
Netbooks have gained widespread attention because of their low price and portability, but how do you know if buying one is right for you? When it comes to netbooks and notebooks, although the names may sound the same, they imply very different types of computers. And before you do anything, it’s important to understand the fundamental differences between the two.
To help you determine which PC will best suit your needs – netbook or notebook – I reached out to VAIO Product Manager Brian Nowlin (pictured right) to ask some of the most common questions we hear. You can find his answers in the interview below.
What’s the fundamental difference between a netbook and a notebook?
Sometimes referred to as a mini-notebook, netbooks are built for general computing functions, such as e-mail and internet access. Unlike notebooks, netbooks tend to have a limited choice in operating systems and compatible software. The more powerful operating systems and applications require more memory and CPU performance than netbooks can typically provide. Alternatively, a notebook can have nearly as much computing power as a desktop computer, with similar CPUs, memory and storage capacity and can handle just about any software you throw at it.
What software can I use?
It really depends on the applications you use and how you use them. While netbooks are perfect for basic computer tasks, if you use applications that edit photos and videos, create graphics, design websites or conduct complex financial analysis, a notebook is the better choice. For example, editing photos in Photoshop or performing advanced functions within the Microsoft Office Suite – such as watching videos within a PowerPoint presentation or running multifaceted calculations in Excel – can tax a netbook. However, most notebooks have more powerful CPUS, more memory and larger hard drives to accommodate these heavy workloads.
What type of hardware can I expect?
Netbooks are built to browse the Internet, send and receive e-mail and perform other “light” functions, so they usually include Intel® Atom™-based processors, which are designed for low-power computers. Today’s netbooks are typically built with 1.6-1.7 GHz processors, with 1GB or 2GB of memory and up to 250GB of storage space. They typically come without a built-in optical drive (i.e. CD/DVD drive).
On the other hand, some notebooks contain quad-core CPUs that are capable of managing power-hungry applications. Notebooks can also have up to 8GB of memory and hard drives ranging up to 640GB or more. As a result, a notebook’s performance is generally much greater than a netbook.
What other hardware might I need to purchase?
Most notebooks include an integrated CD/DVD and/or Blu-ray Disc™ drive. If you’re purchasing a netbook, however, you may want to consider an external optical drive to install purchased software and transfer files. With both a notebook and a netbook, you may also want to consider an external hard drive to backup all of your critical files.
How long will the battery last?
Because netbooks are made specifically for light mobile usage, they typically have a longer battery life; generally around 6 hours or up to 10 hours with an extended battery.
Notebooks usually have 4 to 5 hours of battery life, though this depends on the make and model, usage (for example, video playback is energy –intensive) and the battery configuration. However, some manufacturers have developed notebook technology that offers as much as 8 hours of battery life – so make sure to do your research.
What type of screen size and quality can I expect?
Netbook screens are between 7 and 10 inches (diagonal), while notebooks have a screen size starting around 13 inches (diagonal). The screen resolution and image clarity tends to be superior in notebooks – important for those where details are essential, even in sunny outdoors conditions
What about price?
Netbooks typically cost between $250 and $600. Notebooks start around $500, through they increase in price as features are added.
In the end, it’s important to note that both netbook and notebook technologies are continually evolving. The best way to ensure a good experience is to carefully vet choices based on how you plan to use the computer now and well into the future. Before choosing a computer, remember to check the minimum hardware requirements of the applications you use or plan to use and be sure the PC you’re considering meets those requirements. Also remember that if you’re accustomed to keeping multiple application windows open and running at the same time, you may be disappointed in the performance from a netbook. On the other hand, if you’re looking for an inexpensive secondary PC to travel with and keep you connected the choice is obvious.
source:Sony Vaio Community
Tuesday, March 9, 2010
Humor and laughter strengthen your immune system, boost your energy, diminish pain, and protect you from the damaging effects of stress. Best of all, this priceless medicine is fun, free, and easy to use.
Humor is infectious. The sound of roaring laughter is far more contagious than any cough, sniffle, or sneeze. When laughter is shared, it binds people together and increases happiness and intimacy. In addition to the domino effect of joy and amusement, laughter also triggers healthy physical changes in the body.
Laughter is a powerful antidote to stress, pain, and conflict. Nothing works faster or more dependably to bring your mind and body back into balance than a good laugh. Humor lightens your burdens, inspires hopes, connects you to others, and keeps you grounded, focused, and alert.
With so much power to heal and renew, the ability to laugh easily and frequently is a tremendous resource for surmounting problems, enhancing your relationships, and supporting both physical and emotional health.
Your sense of humor is one of the most powerful tools you have to make certain that your daily mood and emotional state support good health.”
Laughter is good for your health
- Laughter relaxes the whole body. A good, hearty laugh relieves physical tension and stress, leaving your muscles relaxed for up to 45 minutes after.
- Laughter boosts the immune system. Laughter decreases stress hormones and increases immune cells and infection-fighting antibodies, thus improving your resistance to disease.
- Laughter triggers the release of endorphins, the body’s natural feel-good chemicals. Endorphins promote an overall sense of well-being and can even temporarily relieve pain.
- Laughter protects the heart. Laughter improves the function of blood vessels and increases blood flow, which can help protect you against a heart attack and other cardiovascular problems.
Physical Health Benefits:
- Boosts immunity
- Lowers stress hormones
- Decreases pain
- Relaxes your muscles
- Prevents heart disease
Mental Health Benefits:
- Adds joy and zest to life
- Eases anxiety and fear
- Relieves stress
- Improves mood
- Enhances resilience
- Strengthens relationships
- Attracts others to us
- Enhances teamwork
- Helps defuse conflict
- Promotes group bonding
Monday, March 8, 2010
Foreign Language Film The Secret in Their Eyes (El Secreto de Sus Ojos) Argentina Directed by Juan José Campanella
The Secret in Their Eyes (El Secreto de Sus Ojos)
ArgentinaIt is on behalf of a crew and cast that compromise mostly of people that I love and that are very close to my heart that I want to thank the Academy for not considering Na'vi a foreign language, first of all. And for letting us spend three great days in the company of incredible
Directed by Juan José Campanella
Retired criminal prosecutor Benjamin Esposito plans to write a novel based on a 25-year-old rape and murder case. The resolution of that case has long haunted him, and he turns to his friends and former colleagues, the alcoholic Pablo and the beautiful Irene, now a chief justice, for help.
Academy Awards History
This is the sixth Academy Award nomination for Argentina. Previous nominations were:
SON OF THE BRIDE (2001) -- Nominee, Foreign Language Film
TANGO (1998) -- Nominee, Foreign Language Film
THE OFFICIAL STORY (1985) -- Winner, Foreign Language Film
CAMILA (1984) -- Nominee, Foreign Language Film
THE TRUCE (1974) -- Nominee, Foreign Language Film
Wednesday, March 3, 2010
By Thomas Friedman
I was traveling via Los Angeles International Airport — LAX — last week. Walking through its faded, cramped domestic terminal, I got the feeling of a place that once thought of itself as modern but has had one too many face-lifts and simply can’t hide the wrinkles anymore. In some ways, LAX is us. We are the United States of Deferred Maintenance. China is the People’s Republic of Deferred Gratification. They save, invest and build. We spend, borrow and patch.
And this contrast is playing out in the worst way — just slowly enough so the crisis never seems acute enough to take urgent action. But, eventually, infrastructure, education and innovation policies matter. Businesses prefer to invest with the Jetsons more than the Flintstones, which brings me to the subject of this column.
I had a chance last week to listen to Paul Otellini, the chief executive of Intel, the microchip maker and one of America’s crown jewel companies. Otellini was in Washington to talk about competitiveness at Brookings and the Aspen Institute. At a time when so much of our public policy discussion is dominated by health care and bailouts, my public service for the week is to share Mr. Otellini’s views on start-ups.
While America still has the quality work force, political stability and natural resources a company like Intel needs, said Otellini, the U.S. is badly lagging in developing the next generation of scientific talent and incentives to induce big multinationals to create lots more jobs here.
“The things that are not conducive to investments here are [corporate] taxes and capital equipment credits,” he said. “A new semiconductor factory at world scale built from scratch is about $4.5 billion — in the United States. If I build that factory in almost any other country in the world, where they have significant incentive programs, I could save $1 billion,” because of all the tax breaks these governments throw in. Not surprisingly, the last factory Intel built from scratch was in China. “That comes online in October,” he said. “And it wasn’t because the labor costs are lower. Yeah, the construction costs were a little bit lower, but the cost of operating when you look at it after tax was substantially lower and you have local market access.”
These local incentives matter because smart, skilled labor is everywhere now. Intel can thrive today — not just survive, but thrive — and never hire another American. Asked if his company was being held back by weak science and math education in America’s K-12 schools, Otellini explained:“As a citizen, I hate it. As a global employer,I have the luxury of hiring the best engineers anywhere on earth. If I can’t get them out of M.I.T., I’ll get them out of Tsing Hua” — Beijing’s M.I.T.
It gets worse. Otellini noted that a 2009 study done by the Information Technology and Innovation Foundation and cited recently in Democracy Journal “ranked the U.S. sixth among the top 40 industrialized nations in innovative competitiveness — not great, but not bad. Yet that same study also measured what they call ‘the rate of change in innovation capacity’ over the last decade — in effect, how much countries were doing to make themselves more innovative for the future. The study relied on 16 different metrics of human capital — I.T. infrastructure, economic performance and so on. On this scale, the U.S. ranked dead last out of the same 40 nations. ... When you take a hard look at the things that make any country competitive. ... we are slipping.”
If the government just boosted the research and development tax credit by 5 percent and lowered corporate taxes, argued Otellini, and we “started one or two more projects in companies around the country that made them more productive and more competitive, the government’s tax revenues are going to grow.” With the generous research and development tax credits and lower corporate taxes they receive, Intel’s chief competitors in South Korea basically have “zero cost of money,” said Otellini. Intel can compete against that with superior technology, but many other U.S. firms can’t.
Does the Obama team get it? Otellini compared the Obama administration to a “diode” — an electronic device that conducts electric current in only one direction. They are very good at listening to Silicon Valley, he said, but not so good at responding.
“I’d like to see competitiveness and education take a higher role than they are today,” he said. “Right now, they’re going to try to push this health care thing over the line, and, after that, deal with the next thing. God, I’d just like this [our competitiveness] to be the next thing. Something has to pay for” everything government is doing today.
We had to do the bailouts, the buy-ups and the jobs bills to stop the bleeding. But now we need to focus on the policies that spawn new firms and keep our best at the top. “Having run a company through a major transition, it’s a lot easier to change when you can than when you have to,” said Otellini. “The cost is less. You have more time. I am a little worried that by the time we wake up to the crisis we will be in the abyss.”
Tuesday, March 2, 2010
WASHINGTON, D.C., Feb. 23, 2010 – Intel President and CEO Paul Otellini today announced a $3.5 billion initiative to support investment in U.S.-based growth-oriented industries and detailed a commitment to significantly increase jobs available this year for recent college graduates.
Otellini announced these initiatives in a speech titled "Rebuilding the Foundations of American Growth," delivered at The Brookings Institution in Washington, D.C.
The Invest in America Alliance, led by Intel and supported by many leading venture capital firms and corporations, aims to further anchor the nation's competitiveness on the global stage. It serves as the private sector's complement to existing state and federal job creation programs through long-term investment in industries and talent poised to produce the next breakthroughs in technology innovation.
The Alliance is a two-pronged effort. The first includes a commitment from Intel Capital, Intel Corporation's global investment organization, and 24 leading venture capital firms to invest $3.5 billion in U.S.-based technology companies over the next 2 years. These investments, which include a new, $200 million Intel Capital Invest in America Technology Fund, will target key innovation and growth segments such as clean technology, information technology and biotechnology. Joining Intel in this effort is Advanced Technology Ventures, Braemar Energy Ventures, Bridgescale Partners, Canaan Partners, DCM, Draper Fisher Jurvetson, Flywheel Ventures, Good Energies, Institutional Venture Partners, Investcorp Technology Partners, Khosla Ventures, Kleiner Perkins Caufield & Byers, Menlo Ventures, Mohr Davidow Ventures, New Enterprise Associates, North Bridge Venture Partners, QuestMark Partners, Sevin Rosen Funds, Storm Ventures, Telesoft Partners, Updata Partners, U.S. Venture Partners, Venrock and Walden International.
Second, the Invest in America Alliance also includes commitments from 17 technology and other corporate leaders to increase their hiring of college graduates, some by as much as two times, to create the products and provide the services of tomorrow. Companies joining Intel in this pledge are Accenture, Adobe Systems Incorporated, Autodesk, Broadcom Corporation, CDW LLC., Cisco, Dell, eBay, Inc., EMC Corporation, GE, Google, Inc., HP, Liberty Mutual Group, Marvell Semiconductor Inc., Microsoft Corporation, and Yahoo!.
"Strong, enduring economies grow out of a culture of investment and a commitment to innovation," Otellini said. "We simply must have a clear, consistent strategy to promote innovation, investment and start-up companies. There are things business can do, and ought to do, independent of what government achieves.
"It would be a long-term mistake to let our future scientists and engineers sit idle after graduation. Today's announcements are both an investment in the country's innovators and a signal to the global marketplace about America's commitment to innovation and future competitiveness."
Other venture capital firms and corporations are expected to join the Invest in America Alliance with investment funds or hiring goals in the coming weeks and months.
Today's announcement follows Intel's commitment last year to invest $7 billion to upgrade its U.S. manufacturing facilities that are now producing the most advanced semiconductor technology in the world. This investment also supported 7,000 high-wage, high-tech manufacturing American jobs and more than 4,000 contract jobs for technicians and construction workers in Arizona, New Mexico and Oregon.
Venture Capital Investment
Clean technology, information technology and biotechnology are vital segments of the emerging U.S. economy and important for global competitiveness. The $3.5 billion commitment from Intel Capital and leading venture capital firms will help create jobs in current market segments and also in newer industries such as molecular diagnostics, bioinformatics, electric vehicle ecosystem and wireless infrastructure.
"Venture capital investments have played an important role in creating jobs at home and keeping America at the leading edge of technology globally," said Arvind Sodhani, president of Intel Capital and Intel executive vice president. "With $3.5 billion of equity capital to invest in the most promising new ventures in the country, our collective goal is to continue to drive technology innovation and stimulate economic activity."
As part of the overall commitment, Intel Capital announced today the $200 million Intel Capital Invest in America Technology Fund. Over the past two decades, Intel Capital has made over 1,350 investments in U.S. businesses, totaling more than $6.2 billion. In 2008, venture-backed companies provided over 12 million U.S. jobs (11 percent of private sector employment in the United States).1
College Graduate Hiring
Of the companies joining Intel in a commitment to significantly increase hiring of college graduates in 2010, many will be doubling graduate hiring over 2009 levels. In total, this represents 10,500 jobs for graduates to be hired for a range of positions. While the new jobs will largely be for those with engineering and computer science backgrounds, positions available also include financial analysis, marketing, management consulting, sales and other business skills in the majority of states across America. The hiring at these companies extends beyond those now graduating. For example, Intel's overall hiring plan for the year includes graduates and other experienced hires.
"Many more college graduates will now be able to put their education to work thanks to these 17 companies. We hope this is just a start and welcome companies across all industries to join this open effort," said Richard Taylor, vice president and director of Human Resources for Intel. "Many college graduates have been among the hardest hit by the economic downturn and providing them a place in the economy today is the best way to ensure America's innovation and competitiveness tomorrow."
For these and other positions available at Intel, see Intel.com/jobs.
Start-ups seeking funding can find contact information on the Intel Capital website http://www.intel.com/capital
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Monday, March 1, 2010
The President of Argentina and the American Secretary of State were united for more than an hour, after which they gave a joint press conference in which they agreed on issues like Human Rights , International Financial Crisis and Global Terrorism
Hillary Clinton fonfirmed tonight the firm commitment from Argentin over the threat of International Terrorism, while Argentina' President asked the United States State Secretary to act as intermediary in the conflict between Argentina and Britain over the Falkland Islands, in the meeting held at the Argentine Government House.
I have asked the mediation of this country (US) with the United Kingdom, so that we can sit down to discuss about the Falkland Islands, watching the interests of the islanders, the Presidentt said in a Press Conference following the bilateral meeting.
Clinton admitted that her country is prepared to help Argentina and Britain to solve new pressures on the Malvinas.
We would like to see both Argentina and the UK discussing this issue
The Secretary of State said she was very pleased to have travelled to Buenos Aires, to have held and extensive meeting with the President, to spend the night in Buenos Aires and to continue discussing these issues the when the President travels to the U.S next April.
They also discussed the International situation with Iran .Clinton said that Iran posed a global threat to the non proliferation of nuclear weapons. Cristina said both countries had experienced international terrorism ,referring to the attacks against the AMIA, the Israeli Embassy and the Towers Twins.
A reporter asked Clinton on the debt levels in both countries. Economy Minister Boudou was sitting in the front row of the conference. The U.S diplomat spared no praise for the situation of both administrations.
Argentina has made enormous progress in debt, We have talked with Cristina about this issue and the ratio of debt to GDP is lower in the U.S, I congratulate them . I dont know how they did it but it worked.
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