Dangerous?
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Slivers of skin have been stretched to twice their size in a week using a robotic device that is akin to an ancient instrument of torture
We're used to software spotting mistakes in our spelling and grammar – but soon word processors may be advising us on our writing's emotional content too
If the spread of H1N1 influenza continues elsewhere as it has in the Americas, the virus could infect more than a billion people by July
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Remarks of President Barack Obama
Weekly Address
Washington, D.C.
Good morning. I want to briefly share some news about our economy, and talk about the work that we’re doing both to protect American consumers, and to put our economy back on a path to growth and prosperity.
This week, we saw some signs that the gears of America’s economic engine are slowly beginning to turn. Consumer spending and home sales are stabilizing. Unemployment claims are dropping and job losses are beginning to slow. But these trends are far from satisfactory. The unemployment rate is at its highest point in twenty-five years. We are still in the midst of a deep recession that was years in the making, and it will take time to fully turn this economy around.
We cannot rest until our work is done. Not when Americans continue to lose their jobs and struggle to pay their bills. Not when we are wrestling with record deficits and an over-burdened middle class. That is why every action that my Administration is taking is focused on clearing away the wreckage of this recession, and building a new foundation for job-creation and long-term growth.
This past week, we acted on several fronts. To restart the flow of credit that businesses and individuals depend upon, we completed an unprecedented review of the condition of our nation’s largest banks to determine what additional steps are necessary to get our economy moving. To restore fiscal discipline, we identified 121 programs to eliminate from our budget. And to restore a sense of fairness to our tax code and common sense to our economy, I have asked Congress to work with me in closing the loopholes that let companies ship jobs and stash profits overseas – reforms will help save $210 billion over the next ten years.
These important steps are just one part of a broad effort to get government, businesses and banks to act more responsibly, so that we are creating good jobs and making sound investments instead of spending recklessly and padding false profits. Because American institutions must act with the same sense of responsibility and fairness that the American people aspire to in their own lives.
Nowhere is this more apparent than in our credit card industry. Americans know that they have a responsibility to live within their means and pay what they owe. But they also have a right to not get ripped off by the sudden rate hikes, unfair penalties, and hidden fees that have become all-too common in our credit card industry. You shouldn’t have to fear that any new credit card is going to come with strings attached, nor should you need a magnifying glass and a reference book to read a credit card application. And the abuses in our credit card industry have only multiplied in the midst of this recession, when Americans can least afford to bear an extra burden.
It is past time for rules that are fair and transparent. That is why I have called for a set of new principles to reform our credit card industry. Instead of an "anything goes" approach, we need strong and reliable protections for consumers. Instead of fine print that hides the truth, we need credit card forms and statements that have plain language in plain sight, and we need to give people the tools they need to find a credit card that meets their needs. And instead of abuse that goes unpunished, we need to strengthen monitoring, enforcement, and penalties for credit card companies that take advantage of ordinary Americans.
The House has taken important steps toward putting these principles into law, and the Senate is poised to do the same next week. Now, I’m calling on Congress to take final action to pass a credit card reform bill that protects American consumers so that I can sign it into law by Memorial Day. There is no time for delay. We need a durable and successful flow of credit in our economy, but we can’t tolerate profits that depend upon misleading working families. Those days are over.
This economic crisis has reminded us that we are all in this together. We can’t prosper by putting off hard choices, or by protecting the profits of the few at the expense of the middle class. We are making steady progress toward recovery, but we must ensure that the legacy of this recession is an American economy that rewards work and innovation; that is guided by fairness and responsibility; and that grows steadily into the future.
Thanks.
A gun-toting Texas granny, who robbed a Fort Worth convenience store Thursday, explained to the clerk that she was doing it "for my grandkids."
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The super-realistic computer model makes it possible to explore the heart's anatomy in ways not possible in real patients.
A study that ties greater susceptibility to illnesses with lower IQ hints that health and intelligence are the result of common genetic factors.
Have a good whinge at your boss, look at blue things, or just muck about – but don't get drunk. Our special feature explains how to unlock your imagination
Camera-trap footage reveals pygmy hogs are doing well following their release into the wild last year. |
They make tools, perform amazing feats of memory and know who's who in the mirror - meet the brains of the animal world |
Croatia resident Jove Vrljanovic has been fined for illegal parking - 13 years later.
The case of a man found not guilty of rape after a jury heard he may have been "sex sleeping" has prompted Northern Territory politicians to pass new laws.
A man who frantically stabbed his lover as she lay over her three children to protect them has been jailed for 11 years.
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The president boasts the cuts would save $17 billion, but critics argue it's a tiny fraction of the new spending he wants.
Tent cities and shelters from California to Massachusetts report growing demand from the newly homeless. The National Alliance to End Homelessness predicted in January that the recession would force 1.5 million more people into homelessness over the next two years. Already, “tens of thousands” have lost their homes, Alliance President Nan Roman says.
The $1.5 billion in new federal stimulus funds for homelessness prevention will help people pay rent, utility bills, moving costs or security deposits, she says, but it won’t be enough.
“We’re hearing from shelter providers that the shelters are overflowing, filled to capacity,” says Ellen Bassuk, president of the National Center on Family Homelessness. “The number of families on the streets has dramatically increased.”
Homo floresiensis, aka the hobbit, could be an ape-footed offshoot of Homo erectus, or much older, according to two new studies.
Firefighters in Santa Barbara expect another day of heat and potential destruction as the blaze swells.
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Joshua Childers disappeared into a wet, chilly forest that's home to bears and mountain lions.
Police in Georgia are trying to determine who sent a Stockbridge physician a large quantity of marijuana.
Police said the doctor thought the package contained a birthday present but inside the cardboard box was 36 pounds of pot wrapped in cellophane. The doctor, whose name was withheld, called police.
A Henry County police spokesman said the marijuana was worth between $36,000 to $40,000 on the streets. Police said the box was sent from Texas.
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Police in Greece say robbers near Athens have stolen everything including the kitchen sink, lifting a prefabricated home off its foundation and spiriting it away.
Two teens are in custody after a family set a trap to catch whoever was repeatedly taking their SUV in the middle of the night, driving it around and filling the tank up before returning it.
A cow nicknamed Molly who escaped from a New York City slaughterhouse may have a new lease on life.
Beachcombers found more than seashells while strolling on a Texas beach: two dozen neatly wrapped packages of cocaine.
A British man, vacationing on a romantic Mediterranean cruise with his wife, died within hours after mysteriously catching a deadly flesh-eating bug.
Serco supplies which supplies many of Britain's traffic enforcement cameras. Do as I say, not as I do, as Tom Riall, Chief Executive of Serco's home affairs division was caught speeding at over 100 MPH, and was banned from driving for six months on Wednesday as a result.
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A British man beats out 35,000 applicants to be the new caretaker of a tropical island.
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Here's the relevant text:Jacob Sullum at Reason thinks the proposed law is stupid, too.Whoever transmits in interstate or foreign commerce any communication, with the intent to coerce, intimidate, harass, or cause substantial emotional distress to a person, using electronic means to support severe, repeated, and hostile behavior, shall be fined under this title or imprisoned not more than two years, or both....
["Communication"] means the electronic transmission, between or among points specified by the user, of information of the user's choosing, without change in the form or content of the information as sent and received; ...
["Electronic means"] means any equipment dependent on electrical power to access an information service, including email, instant messaging, blogs, websites, telephones, and text messages.
It was bad enough that a grandstanding U.S. attorney successfully prosecuted Lori Drew, a Missouri woman who participated in a cruel MySpace prank that apparently precipitated the 2006 suicide of 13-year-old Megan Meier, under an anti-hacking law that clearly was not intended for this sort of situation. Now Rep. Linda Sanchez (D-Calif.) and 14 of her colleagues want to make such prosecutions easier through a breathtakingly broad bill that would criminalize a wide range of speech protected by the First Amendment. The Megan Meier Cyberbullying Prevention Act would make it a felony punishable by up to two years in prison to transmit an electronic communication ("including email, instant messaging, blogs, websites, telephones, and text messages") "with the intent to coerce, intimidate, harass, or cause substantial emotional distress to a person...to support severe, repeated, and hostile behavior."
(Photo: a cc-licensed snapshot from Namibia by Flickr user Waterwin.)
Part of a NYT article about a new study by a group of geneticists which pins the origin of humankind to a spot on the coast of southwest Africa near the Kalahari Desert. The study is said to be the largest ever of its kind on African genetic diversity. The researchers say Africans are descended from 14 ancestral populations that typically correlate with language and cultural groups.
Locations for the Garden of Eden have been offered many times before, but seldom in the somewhat inhospitable borderland where Angola and Namibia meet.The research team was led by Sarah A. Tishkoff of the University of Pennsylvania, and reported in in a recent issue of Science: "The Genetic Structure and History of Africans and African Americans."A new genetic survey of people in Africa, the largest of its kind, suggests, however, that the region in southwest Africa seems, on the present evidence, to be the origin of modern humans. The authors have also identified some 14 ancestral populations.
The new data goes far toward equalizing the genetic picture of the world, given that most genetic information has come from European and Asian populations. But because it comes from Africa, the continent on which the human lineage evolved, it also sheds light on the origins of human life.
Hebiclens / WMxdesign used an image editing program to strip the makeup off the faces of prominent wing-nuts to revel what they actually look like. They are so weak they're pastel you don't often see pastels on clowns.
A terminally ill woman is having pictures of all her beloved pets tattooed on her body - so she can 'take them with her' when she dies.
German police said an elderly man was so annoyed at hearing the same serenade over and over that he called authorities to report his neighbors - only to discover the culprit was a musical greeting card on his own windowsill.
A man sued the New Orleans Police Department, claiming he was harassed by an officer who threatened to arrest him for wearing a black pinstriped skirt to municipal court.
A man faces an indecent exposure charge after celebrating his 21st birthday in only his birthday suit.
The only known pig in Afghanistan has been quarantined after concerns were raised that it could infect the public with the swine flu.