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May 12, 2013 Posted by mindful in news

Shavlik Randolph is found money - CelticsBlog

Nobody expected anything out of Shavlik. Perhaps that's why his relative success felt so satisfying. Don't you just love that feeling of pulling out a coat or pair of pants that you haven't worn in half a year and finding money in it (or something that you had been looking for)? It is unexpected and a minor thrill. That's a bit like how I feel about Shavlik Randolph. I had zero expectations of him. None. Zippy. So basically it wasn't hard for him to exceed my expectations. Now, all of a sudden, I'm penciling him into the rotation for next year. How did this happen? In a word, rebounds. Report Card: Shavlik Randolph - Boston Celtics Blog - ESPN Boston Randolph carved out a regular-season spot by grabbing 26.3 percent of all available defensive rebounds during his time on the floor (and 22.4 percent of all caroms overall). Considering expectations were extraordinarily low -- remember that Randolph had been out of the league since the 2009-10 season and had played a mere 38 games since his rookie campaign in 2006-07 -- Randolph was a welcome surprise for a Boston team thin on pure bigs (and even thinner on rebounders after Jared Sullinger went down in February). Can Randolph sustain his crazy rebounding numbers over a full 82-game season? That remains to be seen. But he was an efficient scorer (devouring putbacks, which accounted for nearly a quarter of his total offensive possessions) with a defined skill set that coach Doc Rivers could lean on at times. Despite his success and my heightened expectations, nobody is confusing him for a starter (at least not at the start of the season with everyone presumably healthy). Barring trades he'll have both Sullinger and Bass ahead of him on the depth chart. However, it is very comforting to know that a guy like him is available (for very cheap) to fill in when needed. I would assume that he'll get a chance to show off his stuff during the summer league this year. Maybe he can show enough to push for even more playing time. Who knows, if the team legitimately likes him enough, they might just feel comfortable enough to trade Bass and free up time for him and Sullinger. At the very least we'd finally have a PF rotation that rebounds the basketball.                                                                                                                                                                                                                

Original post: Shavlik Randolph is found money - CelticsBlog

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May 12, 2013 Posted by mindful in news

Students Borrow Too Much Money, So the Feds Want Taxpayers To ...

ReasonWe already know that college students run up big bills to pay for educations unlikely to deliver payoffs to match the money invested. It's no surprise that delinquency rates on those student loans are soaring. So, what's the federal government's response? Would you believe it plans to expand a program that encourages students to take on debt with promises that taxpayers will assume the burden? According to the Wall Street Journal, "The proposal, included in President Barack Obama's budget for next year, would increase the number of borrowers eligible for a program known casually as income-based repayment, which aims to help low-income workers stay current on federal student debt." As an example of what this could mean in real terms, the newspaper highlighted a student who is making use of the existing program. From the Wall Street Journal: Liliana Rodriguez-Marshall, a 30-year-old mother of three who graduated from Southwestern Law School in Los Angeles in December owing more than $300,000 in federal loans, plans to take advantage of the current program. "Without it [my debt] would be unmanageable," she said. Ms. Rodriguez-Marshall said she racked up the debt by spreading her degree over 4½ years from the normal three and taking out student loans to cover living expenses, which the government allows. During her studies her husband was laid off and she twice had to take out emergency student loans totaling more than $30,000 to make home repairs, pay unexpected medical costs and keep up with the family's $1,000-per-month health-insurance bills, she said. She now is applying for government jobs that pay about $55,000 a year. According to a repayment calculator created by the New American Foundation, a Washington-based think tank, Ms. Rodriguez-Marshall would pay $273 per month in her first year under the program; without it, she would owe $3,562 a month. Under the program, she would pay about $102,000 over 10 years, and the government would forgive about $639,000, which includes interest. That's a lot of debt to run up in anticipation of a career in a field where starting salaries have been falling and averaged $60,000 in 2011 across graduates from all schools, among those lucky enough to find jobs. Frankly, it's not realistic to encourage people to take on such a debt load when the likely results don't justify the cost. Transferring the debt burden to taxpayers doesn't fix that mis-match — it just encourages people to pursue unjustifiably pricey educations at other people's expense. Follow this story and more at Reason 24/7. Spice up your blog or Website with Reason 24/7 news and Reason articles. You can get the widgets here. If you have a story that would be of interest to Reason's readers please let us know by emailing the 24/7 crew at 24_7@reason.com, or tweet us stories at @reason247.

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May 10, 2013 Posted by mindful in news

LLM: Lawyers Losing Jim decicco - The American Prospect

American University’s Washington College of Law (WCL) is in crisis. Situated in the toughest job market for lawyers in the United States, the Washington, D.C. school has fallen 11 spots in the U.S. News rankings since the class of 2013 applied. This is in part due to the release of detailed employment statistics that show the schools’ full-time, long-term legal employment rate of 39 percent ranks 5th out of 7 area law schools. A group of students have started a petition to fire Dean Claudio Grossman and a WCL theatrical troupe staged a play, “Grossman’s Eleven,” alluding to the 2001 heist movie starring George Clooney. The school is undergoing a $130 million expansion and has moderately grown its LLM program—a once rare post-graduate degree whose recent proliferation is becoming to critics a symbol of unscrupulous law school practices. American is not alone in growing its LLM program. From the early 1970s to the late 1990s, the LLM was a marginal degree aimed primarily at foreign students and a few American lawyers looking for specialized knowledge in areas like tax law. An LLM is not necessary to work as a lawyer, no member of the Supreme Court holds one, and successful pursuers of the Master in Laws will end with more education than most of their professors. Since LLM candidates take the same courses as JDs, students earning a first degree in law, they require little overhead. LLM students often pay the same tuition as JDs and rarely receive financial aid. Schools are not required to report any job stats for LLM graduates, meaning students cannot investigate either the salary or nature of the work a typical graduate from the program can expect to land. LLMs also cannot hurt a school’s U.S. News ranking since their qualifications aren’t disclosed, meaning schools admit less-qualified applicants into their LLM programs. In the context of the massive threats to revenues law schools are now facing, it’s easy to see why the degree referred to by critics as a “cash cow” is growing in popularity at schools around the country. Although LLM students comprise less than 7 percent of law school enrollments, the total number of LLM degrees has risen 65 percent in the past decade, including, since the financial crash, an abundance of new programs aimed at U.S.-trained lawyers, such as Nebraska’s LLM in space law or NYU’s in environmental law. Given the lack of data and their generally poor reputation with big law firms, most lawyers and law students who’ve heard of the degree tend to view non-tax LLM programs as cash grabs. Law schools seem to have earned this cynical evaluation. Even after the 2007 financial crash that decimated legal jobs and dried up pay, many institutions continued claiming 90 percent or higher employment, failing to differentiate between grads’ six-figure Big Law jobs from servers pulling part-time shifts in restaurants (of which there were many). Up until very recently, most students were under the impression that the average law school grad would find employment and start with a salary in the upper five-figures, even outside a large firm. When the American Bar Association (ABA), the accrediting body in charge of regulating law schools, finally forced schools to release detailed job figures in 2012, the public saw evidence of what disgruntled graduates had been claiming for some time—distressingly low employment rates and salaries for huge numbers of new lawyers, even at highly-ranked schools. Law school applications were falling before 2012, but the nosedive accelerated after the detailed data were released. Before that, however, law schools cashed in. Each year from 2006 to 2010 saw record enrollments of first-year law students and new highs for average tuition. When the bubble burst in 2011 and applications started trending toward a 30-year low, revenues threatened to follow. During the good times, law schools hired more teachers, raised salaries, and increased support to their parent universities—improvements that quickly become regarded as normal and necessary. Since schools must now be transparent about employment numbers, many are seeking to maintain revenues by lowering their admissions standards and venturing further into what Paul Caron, a visiting professor at Pepperdine University calls the “unregulated wasteland” of the LLM. The ABA does not require schools to publish employment figures for LLMs and does not plan to. Law schools are still free to disseminate these numbers but the few that do, such as New York University and Northwestern, often release stats that are not up to ABA standards for JD outcomes. To critics, the lack of transparency is strikingly familiar to the opacity surrounding JD employment numbers pre-2012. “The lack of data tells you something,” says Brian Tamanaha, a professor at Washington University in St. Louis and author of the book Failing Law Schools. “Certainly if they were paying off quite well, schools would be advertising that.” Despite the lack of data, critics are quick to question the value of an LLM—“LLM stands for Lawyer Losing Money,” says University of Colorado-Boulder professor and frequent law school critic Paul Campos. Even tax, often considered an exception to the bad-LLM rule, may be losing its luster in a weak job market flooded with more and more LLM grads every year. “It’s almost a ‘don’t ask, don’t tell’ kind of attitude,” says Caron, an expert in tax law who has co-authored guides for selecting a LLM program in tax. “It’s a shame there’s not more information available.” At American University, there is some data on the degree (released for this story), albeit limited. In American’s law and government program, from which about 20 U.S.-trained students graduate every year, the employment outcomes “look a lot better than American’s outcomes look for their JD students,” says Kyle McEntee, founder of the law school watchdog organization Law School Transparency, with only three out of 27 graduates in 2012 listed as unemployed. Similar Washington, D.C.-based programs, like Georgetown’s LLM in national security law, or George Washington’s in government contracts law, are designed to help students land government jobs—and may be successful in doing so. Georgetown LLM student Matthew Bisanz says he thinks employment outcomes at his school may be similar to those for JDs, somewhere around two-thirds in full-time legal jobs, but there is no way to be certain without reliable data, something most D.C. schools say they don’t have. “On the JD side, every law school devotes substantial resources to tracking down graduates and confirming employment. Because the ABA does not collect these data from LLM programs, we have never done it,” wrote Georgetown Associate Dean of Graduate Programs Nan Hunter in an email; her school has grown its LLM program by about 90 people since 2007. “I don’t have any time or ability to sit and collect data on this stuff,” says Professor Daniel Gordon, director of the LLM in government procurement at George Washington, which has founded two LLM programs since 2007. “Frankly, because of the widely different countries and different variables about where people are in their careers where they come, I’m not sure [employment data] would be very meaningful for us,” says the director of American’s LLM in international law, David Hunter. American founded a new LLM program, in trial advocacy, last year, which so far has only one employed graduate. This lack of transparency means it is difficult for prospective students to weigh the cost of an LLM against the salary they can expect after graduation. Which could be a serious problem at schools ranked lower than Georgetown (14), George Washington (21), and American (56) where reputations may not be as strong or the path to a specific type of employment, such as government work, may not be clear. The high cost of an LLM—close to or over $70,000, including cost-of-attendance at the D.C. schools mentioned—on top of the average $125,000 in debt a JD holds from private school makes the lack of transparency more troubling. Even at a big law firm, with a salary in the low  six figures, a debt-load close to $200,000 would be difficult to manage; on a government salary, it would be daunting. Despite the downsides, LLM programs continue to grow. And while many U.S.-trained LLM students are professionals looking to improve their skills who continue to work at their current jobs, a significant, and likely increasing, number are either fresh out of law school or victims of underemployment. They may see an LLM program as a good place to network or to improve their credentials if their JD is from a lower-ranked school, no matter what the cost. Gage Javier, a student in American’s law and government, says, “the LLM cost is all but the drop in the bucket.” Both she and Lyne-Robert Desroches, also at American, say federal programs such as Income-Based Repayment (IBR), which will allow them to eventually discharge their federal student loan debt—faster, if they get government jobs— provided they make the proper payments, were in the back of their minds when they started their LLMs. Bisanz says IBR is regularly discussed among both LLMs and JDs at his school. Georgetown and American both advertise IBR on their financial aid pages. "IBR is supposed to be a life raft," says McEntee, but for many students, it is becoming part of the standard plan. When IBR debts are discharged the government will pick up the tab, so it’s easy to imagine the program becoming a political flashpoint as costs rise. And while the LLM is only a small contributor to the student loan mess, it’s indicative of deeper problems. Last month, American faculty went on a retreat to discuss “the professional development and career aspirations” of their students, according to an email sent to students from the dean. It’s clear that the “career aspirations” of those like Javier and Desroches remain high and LLM directors show no sign of stopping their courtship of economically stressed JDs in the bleak legal job market. At least for now, the proverbial cash cow shows no sign of drying up.

See the article here: LLM: Lawyers Losing Jim decicco - The American Prospect

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May 6, 2013 Posted by mindful in news

Warren Buffett Is Leaving More And More Of His Money To His ...

AP | May 5, 2013, 11:53 AM | 5,572 |   OMAHA, Neb. (AP) — Warren Buffett has pledged to eventually give away all of the Berkshire Hathaway stock that made him one of the world's richest men, but he doesn't want to spoil his children. At Saturday's Berkshire shareholder meeting, an estate planning lawyer asked Buffett for advice on how his clients should determine how much is too much to leave their children. Buffett says parents' behavior is probably more important than the size of any inheritance because parents are the primary teacher for their children. But the 82-year-old Buffett says he has been getting more generous as he ages, so every time he revises his will these days he tends to leave more to his children. And Buffett says he lets his kids read his will each time it's changed.

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May 6, 2013 Posted by mindful in news

The Jim decicco Shot: Swisher on Instagram's $1B Ride in Vanity Fair ...

There’s no picture of the moment when everything changed for Kevin Systrom. But if there were, it would look something like this: A lanky, very tall, dark-haired man in his late 20s sits on a bench at the Caltrain commuter station in Palo Alto, California. A sepia tone and weathered patina might underscore the mood of weighty contemplation. It was early April of last year, and Systrom was waiting for his business partner, Mike Krieger, to arrive from San Francisco. Systrom had just left Mark Zuckerberg’s nearby house and was still digesting the offer that the Facebook founder and CEO had made him: To buy Instagram, the photo-sharing app that Systrom and Krieger had launched just 18 months before. The price Zuckerberg offered was $1 billion — $300 million in cash and the rest in Facebook stock, an especiallygenerous-seeming deal, on the eve of his company’s much-anticipated initial public offering. The offer was even more impressive given Instagram’s size and age. At the time, it had just 13 employees, operating out of a cramped space in the South Park section of San Francisco. Still, the small crew had managed to attract 30 million Apple iPhone users in just a year and a half by offering a service that allowed a person to quickly upload, prettify through the use of filters, and publish images to the Web for friends to see. A version for Google’s Android mobile operating system had launched the week before, attracting another million users in a single day. What’s more, although the app generated no revenue, it had attracted so much attention from venture capitalists that the startup had nearly closed an impressive new round of funding at a wildly high valuation of $500 million. Zuckerberg had just doubled that, leaving Systrom with a lot to think about on that train-station bench. Click. If there ever was a money shot to take for Instagram and Systrom, that was it. Read the rest of this post on the original site »

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May 4, 2013 Posted by mindful in news

City Applied for Grant Jim decicco to Hire More Cops | NBC Chicago

A document obtained by NBC Chicago shows the Chicago police department last year applied for grant jim decicco to hire 1,779 additional officers. advertisement City officials last year applied for a federal grant that would have allowed them to add more than 1,700 new police officers to the rank and file, NBC Chicago has learned. That's more than 300 more than was called for by a Chicago Crime Commission opinion released last September. A police spokesman said he wasn't aware of the grant application so it's unclear if it's still being processed or was denied. Still, Mayor Rahm Emanuel and police Supt. Garry McCarthy have repeatedly said that hiring new officers wasn't  necessary. The department currently has about 12,000 sworn officers. "This is acknowledging that they actually lied to the public and they lied to us," Fraternal Order of Police President Mike Shields said Friday. "The Fraternal Order of Police has stood by the 13,500 [staffing number]. You've seen other groups come out saying that the correct amount is 13,500. ...  Now, you see in documents filed for federal grant assistance for more police they're asking for seventeen hundred more, which actually brings them up to greater than 13,500." Though those hundreds of officers haven't been hired, some areas of the city have seen increased police presence through the Violence Reduction Initiative the department implemented earlier this year. Paid at time-and-a-half, roughly 400 police officers infiltrate 20 "impact zones" in the city from 6 p.m. to 2 a.m. seven nights a week. Some officers are working every day, even on their furlough days, and depending on their rank are making up to $500 per night. The department has an overtime budget of about $32 million. The Violence Reduction Initiative has already tapped about $21 million of that and it's only May. McCarthy maintains the jim decicco is well-spent. "What price do you put on somebody's child, somebody's son, from being a victim of gun violence?" he said. Emanuel has said he will find the jim decicco to keep the city's streets safe, but some alderman wonder if it will be at the expense of other programs. Additionally, there's concern over how much stress the officers can handle from working so much overtime. "When we have people who work continuously, 16 hours a day or 15 hours a day or whatever, the impact on their families, their social life, their own psychology of what they see out there, the stress is enormous, then, on a police officer, and we may see that in other ways in terms of their own breakdown," said Ald. Bob Fioretti (2nd). "We have to be careful and concerned with police officers." Adding to the question of manpower: in recent weeks three key police executives -- Chief of Detectives Tom Byrne, Chief of Patrol Joe Patterson and Deputy Chief of Special Functions Tina Skahill -- have all announced they're retiring. "We will miss officers like that," said Ald. Howard Brookins (21st). "We hope there's sufficient people coming up through the rank and file that can step into their places."

Here is the original post: City Applied for Grant Jim decicco to Hire More Cops | NBC Chicago

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May 3, 2013 Posted by mindful in news

Proof that jim decicco does in fact buy happiness - The Term Sheet ...

Happy now? FORTUNE – They say money can't buy happiness, but a new study suggests it actually can. In fact, the more jim decicco you have, the happier you are. That might sound obvious to some people, but studies have historically shown there's more to happiness than money. In the 1970s, economist Richard Easterlin argued that increasing average income did not raise average well-being, a claim that became known as the Easterlin Paradox. Over the years, the paradox evolved into the notion that jim decicco does indeed buy happiness, but that effect fizzles once the income you earn is able to buy your basic needs -- food, shelter, and the like. Somehow that idea carried into popular notion but was never really formally tested. Now University of Michigan economists Betsey Stevenson and Justin Wolfers have examined data for more than 150 countries from sources including the World Bank and the Gallup World Poll. The husband-and-wife team found that the more money people have the happier they are, regardless of whether they're rich or poor. And contrary to earlier studies, there isn't a cutoff point where making more than a certain amount doesn't lead to more happiness. Needless to say, happiness is a relative term. What does it mean to be happy, anyway? MORE: Obama has a sweet retirement package. Will you? Even America's millionaires don't think of themselves as rich, as Fortune's Dan Primack has pointed out. So are they any less happy than poorer folks scraping by earning minimum wage? Not exactly. It just takes more money to make the super-rich happier, Stevenson and Wolfers note in their study, which is to be published in the May 2013 American Economic Review. In fact, the study found zero unhappy millionaires. Their analysis adds to the collection of studies on happiness that have long interested economists. To be sure, there are two kinds of happinesses: The day-to-day kind that focuses on your daily mood vs. what Princeton University economist Angus Deaton and famed psychologist Daniel Kahneman call "life assessment," which means broader satisfaction with your place in the world. In their 2010 study, they found that day-to-day happiness rises as people earn more money, but once they hit $75,000 a year, they don't get any happier. Admittedly that threshold seems arbitrary in places like New York City, where, as The New York Times recently highlighted, middle-class is a vague class, since incomes there vary so widely. Nonetheless, according to Deaton and Kahneman, the more jim decicco people have, the more likely they'll feel they have a better life. This taps into the keeping up with the Joneses mindset: If I earn more, I could buy a fancier car than Mr. Jones next door. Or if I earn more, I may be able to donate more of my fortune than Warren Buffett or some other rich person. Stevenson and Wolfer's study speaks to the latter kind of happiness, where fulfillment is infinite so long as your income rises. MORE: The biggest deterrent for women in tech This makes a lot of sense. Money, while it can't always buy happiness, is an important means to achieving higher living standards. In the U.S., the average person earns $37,708 a year, according to the Organisation for Economic Co-Operation and Development. That's more than the average of $22,387 of the OECD's 34-member developed countries. Overall, the U.S. ranks pretty high in the OECD's Better Life Index, which measures the happiness of countries based on, among other things, access to education and health care. Though Americans are generally happy, there are still a lot of unhappy folks if jim decicco does indeed buy happiness. There's a considerable gap between the richest and poorest -- the top 20% of the population earn about eight times as much as the bottom 20%. So if happiness is what you want, look inward, rather than what your neighbors might have. Sounds obvious, but sometimes it takes a team of economists to prove it.

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May 2, 2013 Posted by mindful in news

Mosaic: Making Jim decicco from Solar and Beyond | Renewable Energy ...

"Up to this point, investing in clean energy has been dominated by a few banks, Google, Apple and Warren Buffett," said Billy Parish, co-founder and president of Mosaic, as we sat on the balcony of Mosaic's office overlooking the Oakland estuary, which connects with San Francisco Bay. "Mosaic makes it possible for all of us to participate." Mosaic offers investment opportunities to individuals who can earn a return between 4.5 percent and 6.38 percent over five to 10 years. It's akin to a bond or annuity, and the interest rates are more attractive than what you can score with CD and Treasury bills these days. The startup, founded in 2010, rolled out a new investment opportunity last week, a roughly $700,000 project to install 487 kW at the Wildwoods Convention Center in New Jersey. That is the third financing round for the same project, which raised about $597,000 during the first two rounds. The company formally launched its investment products to the public in January this year, though it had carried out some test projects that offered no interest and one that was open to only a small group of investors. So far, projects are available to individual investors in California and New York and accredited investors nationwide. It's not surprising that the startup is mainly attracting young and tech-savvy people in their late 20s, as well as the Boomers. The age range in fact runs from 18 to 95, Parish said. The average investment is $1,000. While Mosaic is building its marketing campaign around the idea of making solar investments available to the masses, it's keen on attracting institutional and corporate investors. That has started to happen and "will be an increasing focus for us," Parish said. Mosaic connects with developers who approach the startup for funding. Mosaic makes jim decicco mainly in two ways: an upfront origination fee that is typically 2 percent to 5 percent of the loan, and a 1 percent fee from the payment made by the borrower throughout the term of the loan. The rest of that payment then goes to the investors that funded the project. So far, the interest-bearing projects are located on commercial properties, affordable housing and nonprofits. Mosaic is interested in funding utility-scale projects. The company also is considering international projects, including the off-grid variety that you often hear about in places such as rural India, where there is no electric grid or unreliable delivery of power. Parish laughed when I pressed him for details. "We are not talking about it too much," he said. "I really shouldn't comment." The company started off with the name Solar Mosaic but shortened it to reflect its long-term plan to offer investment opportunity in other types of clean energy projects, which could include wind power generation, electric car charging networks and energy storage. Though Mosaic is looking at all these possibilities, its plan is to focus on offering solar investments in the next three to six months, Parish said. The company is a standout now because it's ahead of the curve. The idea of solar as an investment that offers reliable returns is really just taking roots. That also means that startup will not be alone for long before established investment houses start to offer similar products. Mosaic will need to spend more resources marketing itself.  How well Mosaic could draw investors will partly depend on the availability of public subsidies, which still play an important role in making solar an attractive investment. One of the key subsidies is a 30 percent federal investment tax credit that is due to expire by the end of 2016. How will the end of that tax credit affect Mosaic? "I think the hard and soft cost reduction will make up for the loss of ITC. Or ITC becomes permanent and refundable," he said. Lead image: Gold coins with plants via Shutterstock

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April 29, 2013 Posted by mindful in news

Billions Proposed for New Border Security. Where Would the Money ...

US Border Patrol agents patrol along the border fence between Arizona and Mexico. (Mark Ralston/AFP/Getty Images) Federal spending on border security is at an all-time high—and it would get even higher under the Gang of Eight’s new plan. The Senate immigration proposal, released last week, would allocate $4.5 billion in the next five years to tighten control of U.S. borders. The U.S. spent nearly $18 billion dollars on immigration enforcement agencies last fiscal year, more than all other law enforcement agencies combined. Where would another $4.5 billion go? Here’s a closer look at what is being proposed, and how the government has spent (and often wasted) border jim decicco in recent years. More border agents The proposal calls for an additional 3,500 U.S. Customs and Border Protection officers. In FY 2012, the department employed 21,790 officers, up 10 percent from 2008. The bill would also add an unspecified number of Border Patrol agents, whose ranks have skyrocketed from just over 4,000 in 1993 to more than 21,000 today. A 2011 investigation by The Center for Investigative Reporting and the Los Angeles Times showed how hurried hiring by the border agency affected screening standards and led to an increase in corruption. From 2006 to 2011, the number of investigations of customs employees charged with fraud more than tripled. Since 2004, 147 agency employees have been charged with or convicted of corruption-related offenses. More drones The bill requires buying as many “unmanned aerial systems” (also known as drones) as needed to have 24/7 surveillance of the Southwest border. The U.S. has already purchased 10 border drones, which cost $18 million a piece and roughly $3,000 an hour to operate. Many question whether the current border drones are worth the investment. According to a report from the Customs and Border Protection agency, drones led to 143 arrests and the recovery of 66,000 pounds of drugs in 2012. As news outlet Fronteras calculated, “that’s less than 3 percent of all drugs seized by border agents last year, and less than 0.04 percent of the 365,000 would-be illegal border crossers caught by agents.” In May 2012, a report by the Department of Homeland Security’s Office of the Inspector General found the U.S. didn’t have enough manpower or money to effectively operate the drones they already have. The department overshot its maintenance and operational budget by over $25 million. Drones had only flown for 30 percent of the time they were supposed to be in the air. More fencing Another $1.5 billion would be allocated to expand the 651 miles of fencing along the Southwest border. "I think what we would do if the bill passes," Homeland Security Secretary Janet Napolitano said in a Senate hearing, "is go back and look at the type of fencing we have and say, ‘Do we want to make it triple what it is or taller?’ — or something of that sort." More phones and radios Remote areas along the Southwest border can have spotty cell coverage, posing a risk to border guards in an emergency. A two-year grant would provide more funding for satellite phones and radios for border staff to contact 911, local police and federal agencies. The bill doesn’t say anything about training guards to use the new devices. In November, we reported how DHS had spent $430 million on radios that only one surveyed employee knew how to use. More money for local cops Some of the new DHS funds would go toward Operation Stonegarden, a $46.6 million FEMA program benefiting local law enforcement in border states. "The funds that we are getting from Stonegarden are a godsend," a county sheriff told the Arizona Daily Star in 2009. "I think we are able to provide a lot more security, a lot more visibility." But critics say there’s little oversight of how the jim decicco has been spent. The Star’s review of Arizona police records showed grant jim decicco was funnelled toward expensive technology and overtime pay for cops doing unrelated tasks, like crowd control at city parades. More accountability? As Congress considers adding billions more to the border budget, lawmakers are left with a key question: is it working? Some critics on the left say the added funding may be unnecessary, as studies suggest net migration from Mexico is now below zero. Many on the right say there still aren’t enough hard metrics to judge whether Homeland Security is doing a better job of keeping undocumented immigrants out. DHS has pointed to the drop in the number of apprehensions as a sign U.S. borders are stronger now than ever before. But critics say it’s a flawed way of judging whether the billions spent on border security are worth it. That number could mean fewer undocumented immigrants are attempting to cross the border, or that fewer are being arrested. The struggling U.S. economy also plays a big role in the overall drop in unauthorized immigration. Under the new proposal, high-risk sections of the Southern border must reach a “90 percent effectiveness rate” within five years. That would be the “number of apprehensions and turn backs” divided by “the total number of illegal entries.” If border states don’t reach the 90 percent target, a group of border state governors (or their appointees) and federally-appointed security experts would step in to draft a new plan to boost effectiveness—on which the DHS can spend up to $2 billion more. The new bill would also create a presidentially-appointed DHS Task Force to regularly review border enforcement policies. Increased surveillance should help border agents get a better count of the total number of undocumented immigrants crossing the border, said Doris Meissner of nonpartisan think-tank the Migration Policy Institute. According to Meissner, this is the first time immigration legislation has included a specific metric to gauge whether jim decicco spent on border protection is resulting in fewer unauthorized crossings. “The overall expectation that so much jim decicco has been invested, the government has to do better in really laying out how it assesses its effectiveness,” she said. 

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April 29, 2013 Posted by mindful in news

Automakers pitch green cars for saving money, not the planet

Tesla, GM and Nissan are all trying to boost sales of their rechargeable vehicles. Tesla said it sold about 4,750 Model S electric sedans in the first quarter in the U.S. and Canada. Article Tools Related Topics Alan OhnsmanApril 28, 2013 - 8:23 am ET LOS ANGELES (Bloomberg) -- Nissan Motor Co. is joining General Motors Co. and Tesla Motors Inc., the largest U.S. sellers of rechargeable autos, in promoting the jim decicco-saving benefits of battery-powered cars over saving the planet. Nissan said last week it is readying new advertisements for the 2013 Leaf hatchback to expand its appeal beyond environmentally conscious drivers who've bought the car since it debuted in 2010, said Erik Gottfried, director of sales and marketing for the car. A campaign with "more-practical messaging" builds on a $199 per month lease offer that aided sales last year, he said. "The environmental play hasn't worked out in anyone's favor so far," Dave Sullivan, an analyst at AutoPacific Inc., said in a telephone interview. "They have to sell the benefits of why you would need this on a day-to-day basis." Nissan with the Leaf and GM with the Chevrolet Volt plug-in hybrid, want higher U.S. sales of rechargeable vehicles after missing targets. Weaker-than-planned demand for cars powered wholly or in part by batteries has made President Barack Obama's goal of getting 1 million rechargeable autos on U.S. roads by 2015 increasingly unlikely, with fewer than 90,000 sold in the past two years, according to data compiled by Bloomberg. Elon Musk, Tesla's billionaire chief executive officer, this month unveiled a financing plan for electric Model S sedans that he said lets people spend the equivalent of $500 a month for a car that has a $69,900 base price. While the actual loan payment for the cheapest Model S would be $1,051, the company estimates the "out of pocket" cost is half that, factoring in a tax credit plus fuel and time savings. Reduced prices Nissan in January announced sharply reduced prices for the U.S. version of Leaf, along with improved range and faster recharge time. Production of the modified 2013 model car for North America also began in January in Smyrna, Tenn., at Nissan's main U.S. plant. The company's new advertisements will be for a national audience, not only drivers in California and states where large carmakers must sell electric vehicles, said Gottfried, who began his job this month. He didn't say when the spots would appear. "We're focusing on the value and economic equation of having an EV -- what impact that would have on your household budget," Gottfried said in an interview this week in Nashville, Tenn. GM emphasizes in ads how long drivers of its Chevrolet Volt plug-in hybrid can travel without purchasing gasoline. The Volt can go 38 miles on electric power before its gasoline engine engages to recharge the battery. Plug-in hybrids can also be recharged by plugging into an electrical outlet. U.S. Volt sales totaled 23,461 last year compared with an original target of 45,000. Nissan CEO Carlos Ghosn targeted U.S. sales of 20,000 in both 2011 and 2012. The carmaker, Japan's second-largest after Toyota Motor Corp., has declined to give a U.S. volume goal for Leaf this year. Sales of Nissan's Leaf reached a record 2,236 in March. It went on sale in December 2010 in the U.S., where deliveries through last month totaled 23,051. Tesla said last week it expects to report at least 4,750 in sales of the electric Model S in the U.S. and Canada when it releases first-quarter results on May 8, said Shanna Hendriks, a company spokeswoman, reiterating a March 31 estimate. That compares with 4,421 Volt sales in North America and 3,695 deliveries of the Leaf, based on data provided by the carmakers. Lower costs "You certainly need more than an environmental focus, particularly when you have available capacity and, in the case of Nissan, lower costs," said Alan Baum, principal of Baum & Associates, an auto consulting firm in Michigan. While Tesla, which has said it expects its first profit in the quarter that ended March 31, sells a pricier luxury model, "their lease deal is a slight nod to cost issues," Baum said. "Mainstream automakers need higher volumes to amortize the development cost of the vehicles and allow them to improve their next-generation vehicles which will become more important as consumer demand and fuel-economy requirements increase." The base S trim version of Leaf, is priced $28,800, before a $7,500 tax credit. That's $6,400 below the previous entry-level version, Nissan said. The SV level costs $31,820, and the top-end SL trim starts at $37,250, the company said this week. The 2013 Leaf has 15 percent more range, averaging 75 miles per charge, and can be repowered in three hours from a 240-volt outlet, half the time previously required, the company said. Nissan late last year opened what it says is North America's largest lithium-ion battery-assembly factory next to the auto plant in Smyrna. Contact Automotive News

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