hepatic bobtail: The Family: Mothers as Nurturers - Lyndon Hensleys ...

?Mothers are primarily responsible for the nurture of their children?

~ The Family: A Proclamation to the World

My favorite quotes?, regarding mothers:

?Motherhood is near to divinity. It is the highest, holiest service to be assumed by mankind. It places her who honors its holy calling and service next to the angels.? ~The First Presidency

Elder Richard G. Scott said,

??Satan had unleashed a seductive campaign to undermine the sanctity of womanhood, to deceive the daughters of God and divert them from their divine destiny. He well knows women are the compassionate, self-sacrificing, loving power that binds together the human family?.He has convinced many of the lie that they are third-class citizens in the kingdom of God. That falsehood has led some to trade their divinely given femininity for male coarseness.?

Sister Beck said,?

?Who will prepare this righteous generation of sons and daughters? Latter-day Saint women will do this ? women who know and love the Lord and bear testimony of Him, women who are strong and immovable and who do not give up during difficult and discouraging times.? This really impressed me. It also showed me the significance it is of my divine role of being a mother and nurturer.?

?There is no more noble work than that of a good and God-fearing mother.? ??but she who rears successfully a family of healthy, beautiful sons and daughters, whose influence will be felt through generations to come?deserves the highest honor that man can give, and the choicest blessings of God.? ?I think that this is an important thing for women to understand. The women of the world today are confused about their roles and are fulfilling careers and working outside the home.?

I liked President Benson?s words when he said, ?Mothers who help families pray and play together will stay together and will bless children?s lives forever.?

President Benson talked about the widows and mothers who for various reasons need to work outside the home and support themselves, and said, ?But these instances are the exception, not the rule.? I think still too often even women of the church want think that this means it is perfectly acceptable to have a career. Whereas I don?t think it is necessarily wrong, I still think a woman should be in the home raising and loving her children and ready to be at hand to them.?

To those who have not yet married or had children or who cannot have children:

Sister Sheri Dew has not had the chance to marry nor have children. She is a big example to me of a righteous sister in Zion. Side note, one of my absolute favorite books is by her called, ?No One Can Take Your Place.? Such a good read!! Back to motherhood here are some of her words:

?both God the Father and Adam called Eve ?the mother of all living? ? and they did so before she ever bore a child?.It is the essence of who were are as women. It defines our very identity, our divine stature and nature, and the unique traits our Father gave us.??

?Every one of us can show by word and by deed that the work of women in the Lord?s kingdom is magnificent and holy. I repeat: We are all mothers in Israel, and our calling is to love and help lead the rising generation through the dangerous streets of mortality.??

Further readings:?

??

?

Source: http://familyisessentialtotheplan.blogspot.com/2012/12/mothers-as-nurturers.html

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Sixth Semester cse Syllabus ~ Education For U - Andersonellison2's ...

THEORY OF COMPUTATION ? ? ? ? ??L T P M C ??3 1 0 100 4
UNIT I 9

Church-Turing thesis: Turing machines ? Variants of Turing Machines ? Hilbert?s
problems. Decidability: Decidable languages ? Halting problem.

UNIT II 9

Reducibility: Undecidable problems from Language theory ? A simple Undecidable
problem ? Mapping Reducibility. Advanced topics in Computability Theory: The
Recursion Theorem ? Decidability of logical theories ? Turing Reducibility.

UNIT III 9

Time Complexity: Measuring Complexity ? The Class P ? The class NP ? NPcompleteness
? Additional NP-complete Problems.

UNIT IV 9

Space Complexity: Savitch?s Theorem ? The Class PSPACE ? PSPACE-completeness
? The classes L and NL ? NL-completeness ? NL equals coNL. Intractability: Hierarchy
Theorems ? Relativization ? Circuit Complexity.

UNIT V 9

Advanced topics in complexity theory: Approximation Algorithms ? Probabilistic
Algorithms ? Alternation ? Interactive Proof Systems ? Parallel Computation ?
Cryptography

TUTORIAL 15 ??TOTAL : 60

TEXT BOOKS:

1. Michael Sipser, Introduction to the Theory of Computation, Thomson Brook/cole,
1997.(2006)
2. John E. Hopcroft, Rajeev Motwani, Jeffrey D. Ullman, Introduction to Automata
Theory, Languages and Computation, 3/E, Pearson Education, 2009.
REFERENCES
1. Peter Linz, An Introduction to formal Languages and Automata, 4/ E, Jones &
Bartlett Pub, 2006.
2 Kamala Krithivasan, Rama R, Introduction to Formal Languages, Automata
Theory and Computation, Pearson, 2009
3. Dr. B. N. Srinivasa Murthy, Formal Languages and Automata Theory, Sanguine
Publishers, 2006.

OPEN SOURCE SOFTWARE ? ? ? ??L T P M C ?3 0 0 100 3

UNIT I INTRODUCTION 9

Introduction to Open sources ? Need of Open Sources ? Advantages of Open Sources?
Application of Open Sources. Open source operating systems: LINUX: Introduction ?
General Overview ? Kernel Mode and user mode ? Process ? Advanced Concepts ?
Scheduling ? Personalities ? Cloning ? Signals ? Development with Linux. .

UNIT II OPEN SOURCE DATABASE 9

MySQL: Introduction ? Setting up account ? Starting, terminating and writing your
ownSQL programs ? Record selection Technology ? Working with strings ? Date and
Time? Sorting Query Results ? Generating Summary ? Working with metadata ?
Usingsequences ? MySQL and Web.

UNIT III OPEN SOURCE PROGRAMMING LANGUAGES 9

PHP: Introduction ? Programming in web environment ? variables ? constants ?
data;types ? operators ? Statements ? Functions ? Arrays ? OOP ? String Manipulation
and regular expression ? File handling and data storage ? PHP and SQL database ?
PHP and LDAP ? PHP Connectivity ? Sending and receiving E-mails ? Debugging and
error handling ? Security ? Templates.

UNIT IV PYTHON 9

Syntax and Style ? Python Objects ? Numbers ? Sequences ? Strings ? Lists and
Tuples ? Dictionaries ? Conditionals and Loops ? Files ? Input and Output ? Errors and
Exceptions ? Functions ? Modules ? Classes and OOP ? Execution Environment.

UNIT V PERL 9

Perl backgrounder ? Perl overview ? Perl parsing rules ? Variables and Data ?
Statements and Control structures ? Subroutines, Packages, and Modules- Working
with Files ?Data Manipulation.
Total: 45

Text Books:

1. Remy Card, Eric Dumas and Frank Mevel, ?The Linux Kernel Book?, Wiley
Publications, 2003
2. Steve Suchring, ?MySQL Bible?, John Wiley, 2002
References:
1. Rasmus Lerdorf and Levin Tatroe, ?Programming PHP?, O?Reilly, 2002
2. Wesley J. Chun, ?Core Phython Programming?, Prentice Hall, 2001
3. Martin C. Brown, ?Perl: The Complete Reference?, 2nd Edition, Tata McGraw-Hill
Publishing Company Limited, Indian Reprint 2009.
4. Steven Holzner, ?PHP: The Complete Reference?, 2nd Edition, Tata McGraw-Hill
Publishing Company Limited, Indian Reprint 2009.
5. Vikram Vaswani, ?MYSQL: The Complete Reference?, 2nd Edition, Tata McGraw-
Hill Publishing Company Limited, Indian Reprint 2009.

OBJECT ORIENTED SYSTEM DESIGN
L T P M C
3 0 0 100 3

Unit I 9

Introduction
Introduction to Object Orientation - Development - Themes-Evidence for Usefulness of
OO Development-OO Modeling
Modeling Concepts
Modeling-Abstraction-The Three Models-Class Modeling-Object and Class Concepts-
Link and Association Concepts-Generalization and Inheritance-A Sample Class Model-
Navigation of Class Models-Practical Tips

Unit II 9

Advanced Class Modeling
Advanced Object and Class Concepts-Association Ends-N-ary Assocations-
Aggregation-Abstract Classes-Multiple Inheritance-metadata-Reification-Constraints-
Derived Data-Packages- Practical Tips
State Modeling
Events-states-Transitions and Conditions-State diagrams-state diagrams behaviorpractical
tips-Advanced state Modeling-Nested State Diagrams-Nested States-Signal
Generalization-concurrency- A sample state Model- Relation of class and state models
Interaction Modeling
Use case Models-Sequence Models- Activity Models- Use Case Relationships-
Procedural Sequence Models- special constructs for Activity Models-Class Model-State
Model-Interaction Model

Unit III 9
Analysis
Process Overview-Development stages-Development Lifecycle-System conceptiondevising
a system concept-Elaborating a concept-preparing a problem statement-
Domain analysis-overview of analysis-Domain class model-Domain state model-Domain
Interaction Model-Iterating the analysis-Application Interaction Model-Application Class
Model-Application state Model-Adding operations

Unit IV 9

Design
Overview of system Design-Estimating performance- Making a reuse plan-Breaking a
system into sub systems-identifying concurrency-Allocation of subsystems-
Management of Data Storage-Handling Global Resources-Choosing a software control
strategy-handling boundary conditions-setting Trade-off Priorities-common architectural
styles-Architecture of the ATM System
Class Design
Overview of class Design-Bridging the gap-Realizing use cases-Designing Alogrithms-
Recursing Downward-Refactoring-Design optimization-Reification of behavioradjustment
of inheritance-organizing a class design-ATM Example

Unit V 9
\Implementation
Implementation Modeling-overview of implementation-Fine-tuning classes-fine tuning
generalizations-realizing associations-oo languages-introduction abbreviated ATM
Model-implementing structure-implementing functionality-practical tips
Database
Introduction-Abbreviated ATM Model-Implementing structure-Implementing structure -
Implementing structure for the ATM Example-Implementing Functionality-Object
oriented Databases
Programming style
Object-oriented style-reusability-extensibility ? robustness - programming in large
Total : 45

TEXT BOOKS
1. Object-Oriented Modeling and Design with UML, Michael Blaha, James
Rumbaugh, Second Edition, Pearson Education,2004.
2. Object-Oriented Software Engineering using UML, Pattens, and Java second
Edition Bernd Bruegge, Robert S
3. Object-Oriented Software Engineering using UML, Pattens, and Java second
Edition Bernd Bruegge, Allen H.Dutoit(200x?)
References
1. Object Oriented System Development, Ali Bahrami, McGraw-Hill International
Edition,1999
2. Object Oriented analysis and Design, Booch G, Addison-Wesley Publishing
company,1994

NUMERICAL METHODS
L T P M C
3 1 0 100 4
UNIT I SOLUTION OF EQUATIONS AND EIGENVALUE PROBLEMS 9+3
Linear interpolation methods (method of false position) ? Newton?s method ? Statement
of Fixed Point Theorem ? Fixed point iteration: x=g(x) method ? Solution of linear
system by Gaussian elimination and Gauss-Jordon methods- Iterative methods: Gauss
Jacobi and Gauss-Seidel methods- Inverse of a matrix by Gauss Jordon method ?
Eigenvalue of a matrix by power method.
UNIT II INTERPOLATION AND APPROXIMATION 9+ 3
Lagrangian Polynomials ? Divided differences ? Interpolating with a cubic spline ?
Newton?s forward and backward difference formulas.
UNIT III NUMERICAL DIFFERENTIATION AND INTEGRATION 9+ 3
Derivatives from difference tables ? Divided differences and finite differences ?
Numerical integration by trapezoidal and Simpson?s 1/3 and 3/8 rules ? Romberg?s
method ? Two and Three point Gaussian quadrature formulas ? Double integrals using
trapezoidal and Simpson?s rules.
UNIT IV INITIAL VALUE PROBLEMS FOR ORDINARY DIFFERENTIAL
EQUATIONS 9+ 3
Single step methods: Taylor series method ? Euler and modified Euler methods ?
Fourth order Runge ? Kutta method for solving first and second order equations ?
Multistep methods: Milne?s and Adam?s predictor and corrector methods.
UNIT V BOUNDARY VALUE PROBLEMS IN ORDINARY AND PARTIAL
DIFFERENTIAL EQUATIONS 9+ 3
Finite difference solution of second order ordinary differential equation ? Finite
difference solution of one dimensional heat equation by explicit and implicit methods ?
One dimensional wave equation.
TUTORIAL 15
TOTAL : 60
TEXT BOOKS
1. Gerald, C.F, and Wheatley, P.O, ?Applied Numerical Analysis?, Sixth Edition,
Pearson Education Asia, New Delhi, 2002.
2. Balagurusamy, E., ?Numerical Methods?, Tata McGraw-Hill Pub.Co.Ltd, New
Delhi, 1999.
REFERENCES
1. Kandasamy, P., Thilagavathy, K. and Gunavathy, K., ?Numerical Methods?,
S.Chand Co. Ltd., New Delhi, 2003.
2. Burden, R.L and Faires, T.D., ?Numerical Analysis?, Seventh Edition, Thomson
Asia Pvt. Ltd., Singapore, 2002.

COMPUTER GRAPHICS
L T P M C
3 0 0 100 3
UNIT- I Introduction to Computer Graphics & Scan conversion 10
Overview of Computer Graphics, Computer Graphics Application and Software, Display
Technologies, Storage Tube Graphics Displays, Calligraphic Refresh Graphics
Displays, Raster Refresh (Raster-Scan) Graphics Displays, Cathode Ray Tube Basics,
Color CRT Raster Scan Basics, Video Basics, The Video Controller, Random-Scan
Display Processor, LCD displays.
Scan Converting Lines, Mid-point criteria, Problems of Aliasing, end-point ordering and
clipping lines, Scan Converting Circles, Scan Converting Ellipses, Filling Polygons,
edge data structure, Clipping Lines algorithms? Cyrus-Beck, Cohen-Sutherland and
Liang-Barsky, Clipping Polygons, problem with multiple components.
UNIT-II Two-Dimensional Transformations 8
Transformations and Matrices, Transformation Conventions, 2D Transformations,
Homogeneous Coordinates and Matrix Representation of 2D Transformations,
Translations and Homogeneous Coordinates, Rotation, Reflection, Scaling, Combined
Transformation, Transformation of Points, Transformation of The Unit Square, Solid
Body Transformations, Rotation About an Arbitrary Point, Reflection through an
Arbitrary Line, A Geometric Interpretation of Homogeneous Coordinates, The Windowto-
Viewport Transformations.
UNIT-III Three-Dimensional Transformations 9
Introduction, Three-Dimensional Scaling, Three-Dimensional Shearing, Three-
Dimensional Rotation, Three-Dimensional Reflection, Three-Dimensional Translation,
Multiple Transformation, Rotation about an Arbitrary Axis in Space, Reflection through
an Arbitrary Plane, Matrix Representation of 3D Transformations, Composition of 3D
Transformations, Affine and Perspective Geometry, Perspective Transformations,
Techniques for Generating Perspective Views, Vanishing Points, the Perspective
Geometry and camera models, Orthographic Projections, Axonometric Projections,
Oblique Projections, View volumes for projections.
UNIT-IV Solid Modeling & Visible-Surface Determination 9
Representing Solids, Regularized Boolean Set Operations, Primitive Instancing, Sweep
Representations, Spatial-Partitioning Representations - Octree representation, B-Reps,
Constructive Solid Geometry, Comparison of Representations.
Techniques for efficient Visible-Surface Algorithms, Categories of algorithms, Back face
removal, The z-Buffer Algorithm, Scan-line method, Painter?s algorithms (depth sorting),
Area sub-division method, BSP trees, Visible-Surface Ray Tracing, comparison of the
methods.
UNIT-V llumination and Shading & Graphics Programming using OPENGL 9
Illumination and Shading Models for Polygons, Reflectance properties of surfaces,
Ambient, Specular and Diffuse reflections, Atmospheric attenutation, Phong?s model,
Gouraud shading, some examples.
Why OpenGL, Features in OpenGL, OpenGL operations, Abstractions in OpenGL ? GL,
GLU & GLUT, 3D viewing pipeline, viewing matrix specifications, a few examples and
demos of OpenGL programs.
TOTAL :45
Text books :
1. J. D. Foley, A. Van Dam, S. K. Feiner and J. F. Hughes, Computer Graphics -
Principles and Practice, Second Edition in C, Pearson Education, 2003.
2. D. Hearn and M. Pauline Baker, Computer Graphics (C Version), Pearson
Education, 2nd Edition, 2004.
References:
1. D. F. Rogers and J. A. Adams, Mathematical Elements for Computer Graphics,
2nd Edition, McGraw-Hill International Edition, 1990.
2. F. S. Hill Jr., Computer Graphics using OpenGL, Pearson Education, 2003.
OPEN SOURCE LAB
L T P C
0 0 3 2
1. Installation in different modes (user mode, GUI, Single user, Server )
2. MySQL installation
3. Apache installation
4. PHP with Database connectivity
5. PHYTON programming
6. Perl script and CGI
7. Network simulator (NS2) installation and simple tcl scripts

OBJECT ORIENTED SYSTEM DESIGN LAB
L T P C
0 0 3 2
Solving Simple problems using CASE tools for design, testing with structure analysis
and design method and object oriented analysis and design method
i) SRS DOCUMENT (IEEE Standard)
ii) Design document
iii) Implementation
iv) Test case generation and test document preparation
1. Payroll system
2. Online shopping
3. Online voting system
4. Banking system

COMPUTER GRAPHICS LAB
L T P C
0 0 3 2
1. Implementation of Bresenham?s Algorithm
Line
Circle
Ellipse
2. 2D and 3D transformation
Translation
Rotation
Scaling
Reflection
Shearing of objects
3. Cohen Sutherland 2D clipping and windowing

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Source: http://softwaretrojans.blogspot.com/2012/12/sixth-semester-cse-syllabus_11.html

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'Cliff' movement? Obama, Boehner trade proposals

House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, Tuesday, Dec. 11, 2012, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)

House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, Tuesday, Dec. 11, 2012, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)

Senate Majority Leader Harry Reid of Nev. speaks with reporters on Capitol Hill in Washington, Tuesday, Dec. 11, 2012, following a Democratic strategy session. (AP Photo/J. Scott Applewhite)

Chart shows percentage of households earning $200,000 or more per year by state

House Speaker John Boehner of Ohio walks to the House floor to deliver remarks about negotiations with President Barack Obama on the fiscal cliff, Tuesday, Dec. 11, 2012, on Capitol Hill in Washington. Boehner said President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise. (AP Photo/J. Scott Applewhite)

President Barack Obama speaks to workers about the economy during a visit to Daimler Detroit Diesel in Redford, Mich., Monday, Dec. 10, 2012. The scene playing out on Capitol Hill is a familiar one as lawmakers with competing ideologies wage an 11th-hour battle to avert a predictable crisis. This one comes just a year after an equally divided Washington nearly let the country default on its loan obligations, a debt-ceiling debate that contributed to the electorate's deep lack of faith in their elected leaders and a drop in the nation?s credit rating. (AP Photo/Paul Sancya)

WASHINGTON (AP) ? In a test of divided government, President Barack Obama and House Speaker John Boehner sought an elusive compromise Tuesday to prevent economy-damaging tax increases on the middle class at year's end, conferring by phone after a secretive exchange of proposals.

Details were sparse and evidence of significant progress scarcer still, although officials said the president had offered to reduce his initial demand for $1.6 trillion in higher tax revenue over a decade to $1.4 trillion.

There was no indication he was relenting on his insistence ? strongly opposed by most Republicans ? that tax rates rise at upper incomes.

Boehner sounded unimpressed in remarks on the House floor at midday.

"The longer the White House slow-walks this process, the closer our economy gets to the fiscal cliff," he said, declaring that Obama had yet to identify specific cuts to government benefit programs that as part of an agreement that also would raise federal tax revenue.

The Ohio Republican made his comments well before he and the president talked by phone about attempts to avert a "fiscal cliff," across-the-board tax increases and cuts in defense and domestic programs that economists say could send the economy into recession.

In rebuttal, the White House swiftly detailed numerous proposals Obama has made to cut spending, including recommendations to cull $340 billion from Medicare over a decade and an additional $250 billion from other government benefit programs.

The House Democratic leader, Rep. Nancy Pelosi of California, challenged Boehner to allow a vote on the president's proposal to extend most expiring tax cuts while letting them lapse at higher incomes.

She predicted it would gain "overwhelming approval," even in the GOP-controlled House.

Two weeks before the year-end holidays, time to find agreement was short, but not prohibitively so.

"I think it's going to be extremely difficult to get it done before Christmas but it could be done," said Senate Majority Leader Harry Reid.

Boehner's office took the step ? unusual in secretive talks ? of announcing that Republicans "sent the White House a counteroffer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs."

Obama dispatched a top aide, Rob Nabors, to the Capitol for talks afterwards.

Both sides say they want a deal to prevent damage to the economy, but that stated commitment has been accompanied by a fierce battle to gain the political high ground in negotiations ? and the occasional comment that one side or the other would be willing to let the deadline pass without a deal unless it got acceptable terms.

Republicans acknowledge that Obama has an advantage in one respect, citing his re-election last month after a race in which he made higher taxes on the wealthy a centerpiece of his campaign.

At the same time, Republicans hold powerful leverage of their own, the certainty that by spring the president will be forced to ask Congress to raise the government's borrowing authority. It was just such a threat that previously allowed them to extract $1 trillion in spending cuts from the White House and Democratic lawmakers, a situation that Obama has vowed he won't let happen again.

Democrats have watched with satisfaction in recent days as Republicans struggle with Obama's demands to raise taxes, but Reid has privately told his rank and file they could soon be feeling the same distress if discussions grow serious on cuts to benefit programs.

Coincidentally, in an ABC interview, Obama did not reject a Republican call to raise the age of Medicare eligibility from 65 to 67, a proposal that many Democrats strongly oppose.

The proposal is "something that's been floated," Obama said, not mentioning that he had tacitly agreed to it in deficit-reduction talks with Boehner more than a year ago that ended in failure.

"When you look at the evidence, it's not clear that it actually saves a lot of money," he said. "But what I've said is, Let's look at every avenue, because what is true is we need to strengthen Social Security, we need to strengthen Medicare for future generations, the current path is not sustainable because we've got an aging population and health care costs are shooting up so quickly."

In his noontime remarks on the House floor, Boehner said, "Let's be honest. We're broke. The plan we offered is consistent with the president's call for a balanced approach."

"We're still waiting for the White House" to do the same," added the Ohio Republican.

GOP senators across the Capitol soon echoed his remarks.

"You have to ask the question, Is the president obsessed with raising taxes?" said Sen. John Thune of South Dakota, a member of the GOP leadership.

Referring to the president's occasional outside-the-Beltway trips to build public support for his position, Thune said Obama was "doing a victory lap" after the campaign.

Senate Republican leader Mitch McConnell said GOP lawmakers are determined to overhaul benefit programs so they can "meet the demographics of the country." He recently said Republicans want to curtail annual cost-of-living benefits for Social Security and other government benefits, as well as raise the age of eligibility for Medicare from 65 to 67 beginning at some point in the future.

"The president seems to think that if all he talks about are taxes, and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control and that he himself has been insisting on balance," McConnell said on the Senate floor.

He highlighted several government programs as examples of what he said was wasteful spending.

"A few weeks ago, Senator (Tom) Coburn issued a study that showed taxpayers are funding Moroccan pottery classes, promoting shampoo and other beauty products for cats and dogs and a video game that allows them to relive prom night," McConnell said. "Get this: Taxpayers also just spent $325,000 on a robotic squirrel named RoboSquirrel."

The two sides had presented rival initial offers in the cliff negotiations.

Obama's plan would raise $1.6 trillion in revenue over 10 years, in part by raising tax rates on incomes over $200,000 for individuals and $250,000 for couples. He has recommended $400 billion in spending cuts over a decade.

He also is seeking extension of the Social Security payroll tax cut due to expire on Jan. 1, a continuation in long-term unemployment benefits and steps to help hard-pressed homeowners and doctors who treat Medicare patients.

The White House summary noted that Obama last year signed legislation to cut more than $1 trillion from government programs over a decade, and was proposing $600 billion in additional savings from benefit programs.

It also noted that the health care law that Obama signed into law showed savings of $100 billion. Much or all of that funding came from Medicare, even though Obama's aides insisted during his successful campaign for re-election that he had not made any cuts in that program.

Boehner's plan, in addition to calling for $800 billion in new revenue, envisions $600 billion in savings over a decade from Medicare, Medicaid and other government health programs as well as $300 billion from other benefit programs and another $300 billion from other domestic programs.

It would trim annual increases in Social Security payments to beneficiaries, and it calls for gradually raising the eligibility age for Medicare from 65 to 67, beginning in a decade.

___

Associated Press writers Jim Kuhnhenn and Donna Cassata contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-12-11-Fiscal%20Cliff/id-12836b9500544d2982ee137948d774dc

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Barclays Spanish unit fined for mis-rating bonds

MADRID (Reuters) - The Spanish stock market regulator on Tuesday fined the Spanish arm of British bank Barclays 600,000 euros (482,400 pounds) for under-rating the risk of bonds it sold to clients in 2008.

The fine relates to four structured bonds sold by the bank between January and March with a 'medium-to-low' risk profile instead of 'high'. The bank offered to compensate those affected in July 2010.

The face value of the bonds affected was 16.5 million euros. The regulator started the investigation in 2011.

"Barclays has fully collaborated with the supervisory authorities and has been completely transparent throughout the process," a spokesman for the bank said, adding that it had put measures in place to make sure such an incident would never happen again.

Spanish banks have come under criticism for selling complex, high-risk products through their branches, like preferential shares.

(Writing By Sonya Dowsett; Editing by Helen Massy-Beresford)

Source: http://news.yahoo.com/barclays-spanish-unit-fined-mis-rating-bonds-103107516--sector.html

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5-Hour Distillery

A glass of scotch whisky.

Photo by Oleksandr Pekur/Thinkstock/iStockphoto.

Errol Flynn famously said he liked his women young and his whiskey old, and indeed most high-end whiskeys have been aged for 10 to 20 years. That would seem to make launching a new brand of top-shelf whiskey a difficult proposition. Do startups have to wait years and years before selling their first bottle of the good stuff?

It depends on the company and on the type of whiskey. As a general rule, older whiskeys do tend to be costlier thanks to their rarity. The oldest blend in the world, for instance, sat for 70 years in a Scottish cellar before being sold in 216 ?hand-blown, tear-shaped crystal decanters?with silver stoppers? in 2010. But not all whiskeys need to mature for quite so long to be considered top shelf. In order to impress, a whiskey must demonstrate a complex, slightly woody flavor, which it acquires from the cask in which it?s stored. In warmer climates such as Kentucky and Tennessee, wooden barrels release their savor more quickly than in cooler places: Some premium American bourbons and ryes take only five years to mature. On the other hand, Scotch whisky and Irish whisky are produced under cooler conditions and require at least 10 years to develop the flavor associated with high-quality. (And yes, you can have too much of a good thing: Whiskey that has been overly aged, especially in poor-quality barrels, can taste prohibitively bitter or ashy.)

New and ?soon-to-be? whiskey companies have several options when it comes to aging their blends. Some choose to distill, pour, and wait. For example, Bill Samuels Sr. waited six years between the launch of Maker?s Mark in 1953 and the sale of his first batch of spirits. The whiskey had to be stored, first, in 19 hand-selected casks of white oak, which had themselves been air dried for nine months and then toasted on the inside to create a ?red layer,? which would confer on their contents caramel notes and a particular amber color. (Most whiskey starts off clear, but during this so-called ?charring? stage of coopery, the caramelization of tannins and wood sugars within the barrel staves gives the interior of the casks a ruddy glow, which over time is absorbed by the whiskey.)

Less patient companies can buy ?sourced? whiskey and sell it until their own product matures. The High West Distillery in Park City, Utah, which opened its doors in 2009, is up front about the fact that it is curating spirits from distilleries around the country while its home-made blends of rye whiskey age in warehouses nearby. The new Louisville-based small batch bourbon company Angel?s Envy? mixes pre-aged selections from a local distillery then stores the blends for three to six more months in imported ruby port casks. (The company says the wine barrels infuse the whiskey with ?caramelized fruits, chocolates and a smoky undertone.?)

While some high-end whiskey brands distill their own grain or corn, many distinguish themselves not by distilling or aging, but by mixing various carefully selected, pre-aged blends together. It?s also common practice for these companies?which include Adelphi, Silver Seal and Lombard?to create a signature taste by applying filters that remove congeners, the harsh chemicals which form during fermentation, and by adding liquor flavorings and spices. One exception to this rule is bourbon: It?s illegal in the United States to modify bourbon in the time between it leaves the storage cask and enters the bottle. And since experts agree that bourbon doesn?t necessarily improve as it gets older, most bourbon packaging does not even state the age of the liquid inside.

Luxury Explainer thanks John Hansell of Whisky Advocate and Hansa Bergwall of Maker?s Mark.

Source: http://feeds.slate.com/click.phdo?i=36342daaca7d68e783c5ba943995a5fc

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USC manager fired for deflating balls in loss

LOS ANGELES (AP) ? Southern California says it has fired a student manager who intentionally deflated game footballs below NCAA-mandated pressure levels for the Trojans' loss to Oregon last week.

USC announced the dismissal of the unnamed student manager on its website late Wednesday night.

The school says it was reprimanded and fined by the Pac-12.

Underinflated footballs are thought to be easier to catch and throw. The Ducks had little trouble throwing or catching throughout their 62-51 win, the worst defensive performance in USC history.

USC says game officials discovered some of the underinflated footballs before the game and others at halftime, fixing the balls before the second half.

USC says the student manager acknowledged he deflated the balls of his own accord after they had been checked by officials before the game.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-11-08-FBC-T25-USC-Balls-Deflated/id-aef874a8baae403fba066d30ea7b4cee

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Christoph Waltz in Talks for Muppets 2

Jim Henson?s Muppets returned to the limelight last year, so Disney is wasting no time on getting another installment in theaters. Muppets co-writer and non-felt star Jason Segel isn?t coming back for the sequel ? because he has accomplished his goal of rejuvenating the property?-?but director James Bobin and co-writer Nicholas Stoller are hard at work putting together a script for a second round of irreverent Muppet antics and human celebrity cameos.

No Muppet movie is complete without actual people to play off Henson?s googly-eyed creations, and the?Muppets followup will be no exception. We?re hearing that Christoph Waltz (pictured above in Quentin Tarantino?s Django Unchained) looks to be the first to come aboard, as an important player in the film?s?comedy caper plot previously teased by Stoller.

Waltz won an Oscar for portraying Col. Landa in Tarantino?s Inglourious Basterds, and has spent the years since being type-cast as an eccentric villain (in such films as Green Hornet, Water for Elephants, and The Three Musketeers); in other words, he?s a perfect fit for the madcap Muppet universe. The actor is currently working on Terry Gilliam?s The Zero Theorem, but should be available once the still-untitled Muppets sequel begins production (which is expected to be early next year).

THR has it on good authority that Waltz is in talks to portray an Interpol inspector in the Europe-set film, while some of the?other important human characters include ?a Russian femme fatale and a male lead whose intentions are always in question.? The overseas setting and plot setup do recall those in The Great Muppet Caper, but otherwise it doesn?t sound as though the sequel is going to recycle that film?s heist plot ? though, I?d be willing to take bets that Bobin and Stoller include meta-jokes where the Muppets reference that movie.

The Muppets grossed $158 million in theaters worldwide and earned some of the best reviews in the franchise history, so demand for a sequel is very much there. Nostalgia from an older generation who grew up watching those characters played an important role in that; in fact, that same enduring adoration drove Segel and his collaborators to make the film in the first place. That?s not a criticism, by the way, just an observation about why Muppets resonated emotionally with many adults, while still providing entertainment for younger moviegoers.

A Muppets sequel, in other words, might not have quite the same amount of ?heart? as its predecessor, but that leaves more room for pure blissful Muppet comedy, song & dance numbers, and other assorted shenanigans ? and that?s what made us all fall in love with Henson?s puppets in the first place, right?

More on the Muppets sequel as the story develops.

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Source: THR

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Source: http://www.rottentomatoes.com/m/1926173/news/1926173/

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