Saturday, July 20, 2013

Mainstream Media Utterly Incompetent When Reporting on Church

Once again the mainstream media has demonstrated in a big way the they are just completely devoid of any ability to report on the Church. Apparently "The Vatican" and Pope Francis have announced that if you follow the Pope's Twitter feed you will go straight to heaven - "do not pass go, do not collect $200." Of course this is ridiculous on its face, but does anyone try to get the facts straight - of course not. Why would we try to get it right when that may get in the way of a sexy headline. Here is just a sampling of the headlines.

Twitter Might Get You Into Heaven a Little Faster, Vatican Reveals
ABC News

Pope Francis: Vatican's Twitter Followers Can Now Spend Less Time in Purgatory
FOX NEWS

Vatican: Shorten Time in Purgatory By Following Pope on Twitter
CBS News

Pope Francis Offers Catholic Forgiveness for Their Sins on Twitter During World Youth Day
UK Daily Express

Pope to Grant Plenary Indulgences by Twitter
Des Moines Register

And my favorite:
Follow the Church on Twitter...Or Burn In Purgatory
Huffington Post

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Read this from the Register for the REAL story.

National Catholic Register

LINCOLN, Neb. ? In contrast with media reports of ?time off of purgatory? for Pope Francis? Twitter followers, a canon lawyer explained that indulgences are a way that the Church encourages Christians to prayer.

?Because the Church has the spiritual authority that Christ has given it, the Church can invite us to particularly sanctifying moments and particularly sanctifying opportunities,? JD Flynn, special assistant to Bishop James Conley of Lincoln, Neb., explained to CNA July 18.

An indulgence is defined as the remission of the temporal punishment ? the required atonement by which an individual makes reparation ? due to sins that have already been forgiven.

The Vatican announced July 9 that Pope Francis had mandated that the faithful can receive indulgences through participation in World Youth Day.

A plenary indulgence is offered once a day to those who ?devoutly participate in the sacred rites and exercise of devotion? taking place as part of World Youth Day in Rio de Janeiro from July 22 to 29. The announcement was made June 24 by decree of the Apostolic Penitentiary, the Vatican office dealing with indulgences and confession.

Plenary indulgences are also offered to those who cannot attend the event yet who ?participate in spirit in the sacred functions,? provided they follow the rites and exercises by television, radio, or ?always with the proper devotion, through the new means of social communication.?

Some mainstream media outlets proclaimed Twitter followers were getting out of purgatory.

Flynn, who holds a licentiate in canon law from Catholic University of America, explained that ?a better way to say it would be that the Vatican recognizes that the more time we spend in prayer, the less time we spend in purgatory.?

Allowing indulgences to those who follow World Youth Day through ?the new means of social communication,? is ?really an invitation to spend time in prayer with the pilgrims of World Youth Day,? he said.

?And because of the Church?s authority, that prayer comes with the special graces of an indulgence.?
Indulgences are based on the Church?s ?special recognition ? that certain activities, and activities especially at certain times, can be particularly sanctifying,? Flynn said.

Continue reading this article here.

Source: http://krestaintheafternoon.blogspot.com/2013/07/mainstream-media-utterly-incompetent.html

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Washington Business Journal names the 2013 CFOs of the Year

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Source: www.bizjournals.com --- Thursday, July 18, 2013
The region's financial savvy was on display Thursday as the Washington Business Journal honored eight leading chief financial officers at its annual CFO of the Year Awards luncheon. Longtime American University CFO Don Myers received the Lifetime Achievement Award for his three decades at the D.C. higher education post. A former U.S. General Accountability Office audit investigator, Myers, 68, came a long way from his Boy Scouting days when he'd originally thought he'd be a forest ranger when he? ...

Source: http://feeds.bizjournals.com/~r/bizj_washington/~3/FA4ZZlkhbO0/washington-business-journal-names-the.html

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Saturday, April 20, 2013

Novel monoclonal antibody inhibits tumor growth in breast cancer and angiosarcoma

Apr. 19, 2013 ? A monoclonal antibody targeting a protein known as SFPR2 has been shown by researchers at the University of North Carolina to inhibit tumor growth in pre-clinical models of breast cancer and angiosarcoma.

In a paper published in the April 19 issue of Molecular Cancer Therapeutics, a team led by Nancy Klauber-DeMore, MD, Professor of surgery and a member of UNC Lineberger Comprehensive Cancer Center, used a monoclonal antibody to target SFRP2 expressed in cells from triple-negative breast cancer and the aggressive blood-vessel malignancy angiosarcoma, reducing the rate of tumor growth. The antibody, created at the University of North Carolina, is the first therapeutic discovered that targets SFRP2.

"We showed in this paper that targeting SFRP2 with a monoclonal antibody in pre-clinical models inhibits tumor growth. This demonstrates that SFRP2 is a therapeutic target for cancer" said Dr. DeMore.

The DeMore lab first discovered the role of SFRP2 in tumor growth while looking to develop an alternative to the FDA-approved anti-angiogenesis drug known as Avastin (bevacizumab). Avastin targets the protein VEGF, which has also been tied to angiogenesis (the production of new blood vessels). Although Avastin is of benefit to some patients with cancer, not all tumors respond to Avastin, and of those that respond, some eventually progress. To find a solution for patients whose tumors are resistant to Avastin, DeMore began looking at other proteins linked to angiogenesis that could be used as therapeutic targets.

"We previously microdissected blood vessels from malignant human breast cancers and compared gene expression to blood vessels microdissected from normal tissue. We found a number of genes that were highly over-expressed in the malignant blood vessels compared to normal. One of those genes was SFRP2," said Dr. DeMore.

The DeMore lab found that SFRP2 is expressed in a variety of human cancers, including breast, prostate, lung, pancreas, ovarian, colon, kidney tumors, and angiosarcomas, DeMore, working with Dr. Cam Patterson, Ernest and Hazel Craige Distinguished Professor of Cardiovascular Medicine, discovered that SFRP2 acted as a potent stimulator of angiogenesis, leading their team to hypothesize that targeting SFRP2 could inhibit tumor growth. In collaboration with Dr. Russ Mumper, the John A. McNeill Distinguished Professor in the Division of Molecular Pharmaceutics, their group developed a drug to target SFRP2.

"Demonstrating that a monoclonal antibody to SFRP2 inhibits tumor growth in pre-clinical models opens up a new potential for drug development. This treatment is not presently available for human studies, but our efforts are focused on obtaining funding for further drug development that would lead to a clinical trial" said DeMore.

This work was supported by National Institute of Health (P50-CA58223, 1R01CA142657-01A1 and R01 HL61656), North Carolina TraCS Large Pilot Award, University Cancer Research Fund, Nancy DeMore Foundation and North Carolina Kickstart Commercialization Collaboration Award.

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The above story is reprinted from materials provided by University of North Carolina School of Medicine, via Newswise.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Emily Fontenot, Emma Rossi, Russell Mumper, Stephanie Snyder, Sharareh Siamakpour-Reihani, Ping Ma, Eleanor Hilliard, Bradley Bone, David Ketelsen, Charlene Santos, Cam Patterson, and Nancy Klauber-DeMore. A Novel Monoclonal Antibody to Secreted Frizzled-Related Protein 2 Inhibits Tumor Growth. Molecular Cancer Therapeutics, April 19, 2013 DOI: 10.1158/1535-7163.MCT-12-1066

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/7dVeURnp7fM/130419132516.htm

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Thursday, January 10, 2013

Microsoft's IllumiRoom Takes Gaming Beyond the Edge of the TV ...

Microsoft Research, Microsoft?s department for experimental computer science projects, has unveiled the ?IllumiRoom,? a projector system that extends the action in video games beyond the edge of the TV screen. What?s most impressive about it is that it doesn?t require a flat white background to work properly. Microsoft is currently demoing the project at this year?s Consumer Electronics Show (CES). From the Microsoft Research website:

IllumiRoom is a proof-of-concept Microsoft Research project designed to push the boundary of living room immersive entertainment by blending our virtual and physical worlds with projected visualizations. The effects in the video are rendered in real time and are captured live ? not special effects added in post processing.

The system uses a Kinect for Windows camera and a projector to create the effects seen in the video below. It scans the geometry of a room using the Kinect, then uses its measurements to adapt its projected visuals ?in real-time without any need to custom pre-process the graphics.? Microsoft claims the feature can extend the field of view beyond the TV, change the appearance of a room, or induce apparent motion.

It sounds silly, yes, but give the video a look. This is the sort of impressive technology that gamers should hope is part of the next generation of console hardware. Also, it may very well be a precursor to the holodeck-style gaming experiences of the future.

Source: http://www.webpronews.com/microsofts-illumiroom-takes-gaming-beyond-the-edge-of-the-tv-screen-2013-01

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People's Choice Awards 2013: List of Winners!

Source:

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Wednesday, January 9, 2013

APNewsBreak: $5M paid to Iraqis over Abu Ghraib

FILE - In this Sept. 2, 2006, file photo, an Iraqi army soldier closes the door of a cell, in Abu Ghraib prison after the Iraqi government took over control from U.S. forces, on the outskirts of Baghdad, Iraq. A defense contractor whose subsidiary was accused in a lawsuit of conspiring to engage in torture at the infamous Abu Ghraib prison in Iraq has paid $5.28 million to 71 former inmates held there and at other U.S.-run detention facilities between 2003 and 2007. The settlement in the case involving Engility Holdings Inc. of Chantilly, Va., marks the first successful effort by lawyers for former prisoners at Abu Ghraib and other detention centers to collect money from a U.S. defense contractor in lawsuits alleging torture. Another contractor, CACI, is expected to go to trial over similar allegations this summer. (AP Photo/Khalid Mohammed, File)

FILE - In this Sept. 2, 2006, file photo, an Iraqi army soldier closes the door of a cell, in Abu Ghraib prison after the Iraqi government took over control from U.S. forces, on the outskirts of Baghdad, Iraq. A defense contractor whose subsidiary was accused in a lawsuit of conspiring to engage in torture at the infamous Abu Ghraib prison in Iraq has paid $5.28 million to 71 former inmates held there and at other U.S.-run detention facilities between 2003 and 2007. The settlement in the case involving Engility Holdings Inc. of Chantilly, Va., marks the first successful effort by lawyers for former prisoners at Abu Ghraib and other detention centers to collect money from a U.S. defense contractor in lawsuits alleging torture. Another contractor, CACI, is expected to go to trial over similar allegations this summer. (AP Photo/Khalid Mohammed, File)

FILE - In this Sept. 2, 2006, file photo, Iraqi army soldiers stand guard at the Abu Ghraib prison, after taking over from U.S. soldiers, on the outskirts of Baghdad, Iraq. A defense contractor whose subsidiary was accused in a lawsuit of conspiring to engage in torture at the infamous Abu Ghraib prison in Iraq has paid $5.28 million to 71 former inmates held there and at other U.S.-run detention facilities between 2003 and 2007. The settlement in the case involving Engility Holdings Inc. of Chantilly, Va., marks the first successful effort by lawyers for former prisoners at Abu Ghraib and other detention centers to collect money from a U.S. defense contractor in lawsuits alleging torture. Another contractor, CACI, is expected to go to trial over similar allegations this summer. (AP Photo/Khalid Mohammed, File)

WASHINGTON (AP) ? A defense contractor whose subsidiary was accused in a lawsuit of conspiring to torture detainees at the infamous Abu Ghraib prison in Iraq has paid $5.28 million to 71 former inmates held there and at other U.S.-run detention sites between 2003 and 2007.

The settlement in the case involving Engility Holdings Inc. of Chantilly, Va., marks the first successful effort by lawyers for former prisoners at Abu Ghraib and other detention centers to collect money from a U.S. defense contractor in lawsuits alleging torture. Another contractor, CACI, is expected to go to trial over similar allegations this summer.

The payments were disclosed in a document that Engility filed with the Securities and Exchange Commission two months ago but which has gone essentially unnoticed.

The defendant in the lawsuit, L-3 Services Inc., now an Engility subsidiary, provided translators to the U.S. military in Iraq. In 2006, L-3 Services had more than 6,000 translators in Iraq under a $450 million-a-year contract, an L-3 executive told an investors conference at the time.

On Tuesday, a lawyer for the ex-detainees, Baher Azmy, said that each of the 71 Iraqis received a portion of the settlement. Azmy declined to say how the money was distributed among them. He said there was an agreement to keep details of the settlement confidential.

"Private military contractors played a serious but often under-reported role in the worst abuses at Abu Ghraib," said Azmy, the legal director at the Center for Constitutional Rights. "We are pleased that this settlement provides some accountability for one of those contractors and offers some measure of justice for the victims."

Jennifer Barton, a spokeswoman for L-3 Communications, the former parent company of L-3 Services, said the company does not comment on legal matters.

Eric Ruff, Engility's director of corporate communications, said the company does not comment on matters involving litigation.

The ex-detainees filed the lawsuit in federal court in Greenbelt, Md., in 2008.

L-3 Services "permitted scores of its employees to participate in torturing and abusing prisoners over an extended period of time throughout Iraq," the lawsuit stated. The company "willfully failed to report L-3 employees' repeated assaults and other criminal conduct by its employees to the United States or Iraq authorities."

One inmate alleged he was subjected to mock executions by having a gun aimed at his head and the trigger pulled. Another inmate said he was slammed into a wall until he became unconscious. A third was allegedly stripped naked and threatened with rape while his hands and legs were chained and a hood was placed on his head. Another said he was forced to consume so much water that he began to vomit blood. Several of the inmates said they were raped and many of the inmates said they were beaten and kept naked for extended periods of time.

In its defense four years ago against the lawsuit, L-3 Services said lawyers for the Iraqis alleged no facts to support the conspiracy accusation. Sixty-eight of the Iraqis "do not even attempt to allege the identity of their alleged abuser" and two others provide only "vague assertions," the company said then.

A military investigation in 2004 identified 44 alleged incidents of detainee abuse at Abu Ghraib. No employee from L-3 Services was charged with a crime in investigations by the U.S. Justice Department. Nor did the U.S. military stop the company from working for the government.

Fifty-two of the 71 Iraqis alleged that they were imprisoned at Abu Ghraib and at other detention facilities. The other 19 Iraqis allege they were detained at detention facilities other than Abu Ghraib.

The Abu Ghraib prison scandal erupted during President George W. Bush's re-election campaign in 2004 when graphic photographs taken by soldiers at the scene were leaked to the news media. They showed naked inmates piled on top of each other in a prison cell block, inmates handcuffed to their cell bars and hooded and wired for electric shock, among other shocking scenes.

In the ensuing international uproar, Bush said the practices that had taken place at Abu Ghraib in late 2003 were "abhorrent." Some Democrats demanded that Defense Secretary Donald H. Rumsfeld resign. Eventually, 11 U.S. soldiers were convicted of crimes including aggravated assault and taking pictures of naked Iraqi prisoners being humiliated.

Rumsfeld told Congress in 2004 that he had found a way to compensate Iraqi detainees who suffered "grievous and brutal abuse and cruelty at the hands of a few members of the United States armed forces." But the U.S. Army subsequently has been unable to document a single U.S. government payment for prisoner abuse at Abu Ghraib.

This week, the U.S. Army Claims Service said it has 36 claims from former detainees in Iraq, none of them related to alleged physical abuse. From the budget years 2003 to 2006, the Defense Department paid $30.9 million to Iraqi and Afghan civilians who were killed, injured, or incurred property damage due to U.S. or coalition forces' actions during combat.

In the aftermath of Abu Ghraib, lawyers for the Iraqis filed a number of lawsuits against L-3 Services and another company, CACI International Inc. of Arlington, Va., but the cases were quickly hung up on an underlying question: whether defense contractors working side by side with the U.S. military can be sued for claims arising in a war zone. The U.S. government is immune from suits stemming from combatant activities of the military in time of war.

Courts are still sorting out whether contractors in a war zone should be accorded legal immunity from being sued, just as the government is immune.

But a turning point in the cases involving L-3 and CACI came last May. The 4th U.S. Circuit Court of Appeals in Richmond, Va., ruled 11-3 that more facts must be developed before the appeals court could consider the defense contractor's request to dismiss the lawsuit.

In the case against CACI, four Iraqis who say they were tortured are seeking compensation from the company, which provided interrogators to the U.S. military during the war. CACI has chosen to continue its fight against the lawsuit. Azmy said a trial is expected this summer.

In its defense four years ago against the lawsuit, L-3 said the fact that the claims in the case "cannot be brought against the government means that they also cannot be brought against L-3."

"No court in the United States has allowed aliens ? detained on the battlefield or in the course of postwar occupation and military operations by the U.S. military ? to seek damages for their detention," the company told the federal court four years ago. "Yet these plaintiffs bring claims seeking money damages for their detention and treatment while in the custody of the U.S. military in the midst of a belligerent occupation in Iraq."

Allowing the case to proceed "would require a wholly unprecedented injection of the judiciary into wartime military operations and occupation conduct against the local population, in particular the conditions of confinement and interrogation for intelligence gathering," L-3 added.

___

Associated Press investigative researcher Randy Herschaft contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-01-08-Abu%20Ghraib%20Payments/id-54137c7292364fa2814d86da0355c59f

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MintLife Blog | Personal Finance News & Advice | Are Annuities the ...

nest egg

Do you want guaranteed income for life? Who doesn?t? That?s why insurance companies are ramping up their marketing of annuities.

But before you buy in, you should know what you?re getting into. Annuities are not that easy to understand and they may not be right for every retirement situation.

Here are some basics to understand, plus some pros and cons.

What are Annuities?

Annuities are financial contracts issued by a life insurance company that offer tax-deferred savings and a choice of payout options ? income for life, income for a certain time period or a lump sum ? to meet your retirement needs.

Because an annuity contract gets tax-deferred treatment, the IRS may impose an early-withdrawal penalty of 10 percent for some distributions if they?re taken before age 59 ?.

Types of Annuities

When buying an annuity, you?re trading a lump sum of money in return for a stream of income, but annuities come in many flavors, which can make them confusing.

The two major categories of annuities are ?immediate? and ?deferred.?

With an immediate annuity, payments to you start immediately or within one year of the policy?s issue. You use this type when you want to start taking income as soon as possible.

A deferred annuity has two phases. During the accumulation phase, you defer those income payments, letting your money grow on a tax-deferred basis for several years.

Then there?s the payout phase, when you start receiving scheduled payments.

There are a few types of deferred annuities to consider:

  • Fixed annuity. The insurance company agrees to pay you no less than a specified rate of interest during the time your account is growing. It also agrees that the periodic payments will be a specified amount per dollar in your account. These payments may last for a definite period, such as 20 years, or an indefinite period, such as the lifetime of you and your spouse.
  • Variable annuity. ?If you want more access to more investment options, you can choose from among a range of them, typically mutual funds, to invest your purchase payments. The rate of return on your payments, and the amount you eventually receive, will vary depending on the performance of the investment options you have selected.
  • Indexed annuity. A blend between a fixed and a variable, where the insurance company invests in a mix of stocks and bonds designed to credit you with a return based on changes in a particular index, such as the S&P 500. In a falling stock market, indexed annuity contracts guarantee a minimum return, typically three percent.

The Pros and the Cons of Annuities

Regarding immediate annuities, guaranteed income for life is a great benefit, but it comes at a cost. First, you?re giving up access your money in exchange for the income stream.

Therefore, your wisest move is to invest with only a portion of your total portfolio.

Additionally, most immediate annuities provide for fixed payments, which aren?t adjusted for inflation.

While we may be in a low-inflation environment today, what happens if prices rise substantially during your annuity?s payout period?

Also to consider: By investing in an annuity, you?re also investing in the company that issues it. That guaranteed stream of income is only as good as the financial stability of the company writing the contract.

As we all learned just a few years ago, insurance companies ? even the biggest ones ? can run into major problems.

Deferred annuities also share the same lack of liquidity as immediate annuities, and they also have some additional downsides.

While insurance companies market their tax advantages, there are four big issues surrounding those benefits:

Tax rate: When you start withdrawing money, the earnings (but not the principal) will be taxed at your ordinary income rate, not the lower capital-gains rate typically applied to investments held for more than one year, like stocks, bonds and mutual funds.

That can add up to big tax payments, especially for those in high tax brackets.

Tax-advantaged accounts: There are some financial advisers or insurance agents that recommend variable or indexed annuities for accounts that are already tax deferred, like IRAs and 401(K)s. That?s absolutely unnecessary, because those accounts are already tax advantaged.

If someone tries to sell you a variable annuity to hold in a tax-deferred account, head for the exit.

Estate planning: When it comes to annuities and estate planning, proceeds from most deferred annuities don?t receive a ?step up? in basis (when an asset?s value is priced at the higher market value at the time of inheritance rather the value at which it was originally purchased.

Other investments (like stocks, bonds and mutual funds again) do provide a step up in basis at the owner?s death, which can limit tax liability for the heirs. Deferred annuities can?t offer that benefit.

Fees: But the biggest con for this annuity type is the sky-high costs. Mortality and expense charges, administrative fees, fund expenses, charges for special features and the salesperson?s commission can eat up 2% to 3% of your investment value every year.

Questions to Ask

If an insurance salesman or financial advisor brings up the subject of annuities, here are six questions you should ask right straight away:

  • What type of annuity is this, and why are you recommending it for me?
  • How much will I pay in the first year of the contract, and then how much in subsequent years?
  • What will be your first-year commission on the contract, and then what will you earn in subsequent years? (You want to understand the total costs, from ?mortality and expense? charges to the admin fees.)
  • Have I already maxed out my IRA, 401(k) and other tax-deferred vehicles?
  • Should I tie up my money with this annuity? Will I have ample liquidity outside of it if I do?
  • How is this insurer rated by AM Best, S&P, Moody?s and Fitch?

If you?re still considering annuities to secure income in retirement, make sure you weigh the potential benefits as well as the risks, and understand the complications of these saving vehicles before handing your money over.

Vanessa Richardson is a freelance writer in San Francisco who writes about small business and?personal finance.

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Source: http://www.mint.com/blog/investing/are-annuities-the-right-investment-for-your-retirement-0113/

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