The Commentariat -- April 11, 2012

The Titanic's second-class promenade. Photo by passenger Francis Browne.Above: rare photo of the Titanic by passenger Francis Browne. A few more photos here. Note deck chairs on left. To be moved to starboard by Paul Ryan, John Boehner.

My column in today's New York Times eXaminer is on Ross Douthat's post whining about President Obama's being a meanie. (The accompanying artwork is fabulous!) The NYTX front page is here. You can contribute here.

Andy Rosenthal off the New York Times on the Buffett Rule: "Neither Mr. Obama nor Mr. Buffett has ever said the millionaires’ rate is about deficit reduction. It is about making the tax code truly progressive. When Mr. Buffett pays a smaller share of his income to the government than his secretary, we are not just rewarding Mr. Buffett, we are punishing the secretary."

Maureen Dowd has a good column psyching out Hillary Clinton & her Tumblr encounter of the hilarious kind. I wrote to a friend earlier today that I thought the Tumblr thing might mean Clinton's political career wasn't over after all. it seems others had the same thought. See also Infotainment.

New York Times Editors: "House Republicans combined two ill-conceived health care measures into a single bill and passed it on a largely party-line vote last month. One measure repealed an independent board that is one of the major cost-control measures in the health care reform law. The other imposed restrictions on medical malpractice awards that would limit the ability of patients who have been grievously harmed to receive fair compensation.... The Senate needs to reject or bury this legislation."

Annie Lowrey of the New York Times: "The overseer of Fannie Mae and Freddie Mac on Tuesday opened the door to forgiving some mortgage debt of homeowners who owe more than their houses are worth, as the Obama administration has recently urged." But don't get your hopes up.

Another Way to Look at the Blahous "Study." Ezra Klein: "So, about that new study arguing that the Affordable Care Act actually increases the deficit: It’s really not saying anything in particular about the Affordable Care Act. It’s saying that the baseline we use to assess all legislation — from Obamacare to Paul Ryan’s budget — is wrong. And it’s saying that we actually don’t have a deficit problem at all.... Lots of the Affordable Care Act’s skeptics are trumpeting the Blahous study. But none of them actually use that baseline. Nor do they plan to switch over to it. And that means they don’t really believe the study." Klein explains the "logic" of the Koch-funded study & why it's nonsense. See also yesterday's Commentariat & comments.

Right Wing World

The Obama campaign releases a Romney's Greatest HIts video:

Conservatives Double Down on Willard: Peter Nicholas of the Wall Street Journal: "We mentioned earlier that conservatives are warning Mitt Romney not to take them for granted.... Gary Bauer, an adviser to Rick Santorum‘s campaign..., said Mr. Romney must now take concrete steps to ensure that conservative voters don’t stay home in November or support a third party candidate."

Mitt Romney Teams up with President Obama to Explain Individual Mandate":

... CW: With Santorum out of the race, Romney can concentrate on lying about Obama. Trip Gabriel of the New York Times: "Mitt Romney’s turn toward the general election addressed one of his biggest vulnerabilities according to polls: a gender gap that shows women currently prefer President Obama by large margins. Mr. Romney fought back on his preferred turf, jobs and the economy, making the case that women had faced heavy job losses since President Obama took office.... He repeatedly cited the figure of 92.3 percent, which he said was women’s share of all the jobs lost since the president’s inauguration in January 2009.... The statistic, which appears to be a talking point Mr. Romney intends to use regularly, was rated 'mostly false' by PolitiFact." After reading the PolitiFact explanation, I'd rate it "Mostly Bullshit."

... Jonathan Bernstein of the Washington Post culls a surprising stat from the latest Obama v. Romney poll: "On health care, people pick Barack Obama over Mitt Romney 'to do a better job' on health care by a ten point spread. Yup, health care. That’s more than Obama’s seven-point edge in the horse race."

Elicia Dover of ABC OTUS News: "Republican presidential candidate Newt Gingrich may not appear on the ballot for the June 26 Utah primary, after a $500 check - the required filing fee - bounced, an official said." ...

... The Onion (fake news): "Following Rick Santorum's announcement Tuesday that he would end his bid for the Republican presidential nomination, candidate Newt Gingrich called upon frontrunner Mitt Romney to drop out of the race so the former House speaker could concentrate on the general election. ...

... AP (real news): "Santorum's departure Tuesday has pushed former Massachusetts Gov. Mitt Romney closer to the nomination. But Gingrich and Paul say there is still time left for voters to pick a more suitable alternative to face President Barack Obama in November." CW: Newt Gingrich & Ron Paul: keeping America safe from satire.

Santorum Post Mortems

Good Riddance. New York Times Editors: "... the biggest reason for the improbable rise of Mr. Santorum was his appeal to the most extreme social conservatives and evangelical Christians. His problem, in the end, was that there just weren’t enough of them.... [Romney's] embrace of the Paul Ryan budget, with its unconscionable cuts to the social safety net, represents an economic extremism not that different from Mr. Santorum’s."

Dana Milbank: "In Gettysburg, Rick Santorum surrenders."

Jonathan Bernstein: "Santorum and the nomination process only functioned, from Florida on, as a mechanism for forcing Romney to hew to Republican orthodoxy. That mechanism will be replaced, now, by more direct action and pressure on him by conservative party actors. Those actors will certainly ensure that Romney picks a trusted conservative as a running mate, and will police everything he says on every issue."

Ed Kilgore of Washington Monthly: "I’ll miss him for the blogging material he so richly supplied, and do wish he had stuck around long enough to provoke a few more Romney gaffes and perhaps Romney defeats. But I’m glad I can go back to wearing sweater vests without fear of misunderstanding. Now we get to see if Newt Gingrich tries to pretend he’s the last True Conservative Standing, or will just let us all have a break from the Great Republican Race to the Right of 2012."

Jonathan Capehart of the Washington Post: 'With Rick Santorum, you never had to wonder if he believed what he said. You never had to wonder why he was running for president. And it’s that lack of Santorum’s authenticity that’s making Romney a hard sell for just about anyone."

CW: a couple of days ago I linked to an article about Sen. Chuck Grassley (R-Iowa) tweeting that President Obama was "stupid" for complaining about activist judges. Ian Millhiser of Think Progress has such a terrific post on this it's worth revisiting. The headline is "Grassley Calls Obama 'Stupid' for Agreeing for Grassley about Activist Judges."

News Ledes

AP: "A prison panel denied parole Wednesday to mass murderer Charles Manson in his 12th and probably final bid for freedom. Manson, now a gray-bearded, 77-year-old, did not attend the hearing where the parole board ruled he had shown no efforts to rehabilitate himself and would not be eligible for parole for another 15 years."

AP: "Attorney General Eric Holder said Wednesday that the Justice Department will take appropriate action in the killing of Trayvon Martin if it finds evidence that a federal criminal civil rights crime has been committed." ...

     ... ** Washington Post Update: "Florida special prosecutor Angela Corey plans to announce as early as Wednesday afternoon that she is charging ... George Zimmerman in the shooting of Trayvon Martin, according to a law enforcement official close to the investigation. It was not immediately clear what charge Zimmerman will face." Story has been updated to reflect charges brought. ...

     ... New York Times Update: "The news conference is scheduled to be held in Jacksonville, [Florida,] at 6 p.m. [ET]." Story has been updated to reflect charges. ...

     ... UPDATE: Zimmerman turned himself in & was arrested for murder in the 2nd degree, per NBC News highest possible charge under the circumstances. No link. NBC News story here.

New York Times: "The Justice Department filed a civil antitrust lawsuit against Apple and major book publishers on Wednesday, charging that the companies colluded to raise the price of e-books in 2010. Three publishers that were investigated — Hachette Book Group, Simon & Schuster and HarperCollins — have agreed to a settlement, threatening to overturn a pricing model that allows publishers to set their own e-book prices, and dangling the possibility of lower e-books for consumers in the near future."

ABC News: "This morning the president will continue to push the so-called 'Buffett Rule,' which would require that millionaires are taxed at a rate of at least 30 percent. In making that argument, he will be joined by millionaires and their secretaries who support this tax increase." ...

     ... New York Times Update: "Wednesday’s installment of President Obama’s running campaign to raise the taxes of millionaires featured a group of wealthy people who agree with him, standing at his side as he professed that the idea is popular among the gilded elite from Warren Buffett on down.

New York Times: "With the deadline for a cease-fire in Syria less than a day away, Kofi Annan, the high-profile special envoy who devised the timetable for a truce, on Wednesday urged Iran, Syria’s main regional ally, to support the peace effort and cautioned against arming rebel forces, saying that further militarization of the conflict would be 'disastrous.'”

AP: "Two massive earthquakes triggered back-to-back tsunami warnings for Indonesia on Wednesday, sending panicked residents fleeing to high ground in cars and on the backs of motorcycles. There were no signs of deadly waves, however, or serious damage, and a watch for much of the Indian Ocean was lifted after a few hours."

Reuters: "Impoverished North Korea rejected international protests over its planned long-range rocket launch and said on Wednesday that it was injecting fuel 'as we speak', meaning it could blast off as early as Thursday."

Washington Post: Karl Rove's American Crossroads launched a six-state ad campaign against President Obama yesterday.

The Commentariat -- April 10, 2012

My column in today's New York Times eXaminer is on David Brooks' little celebration of the resurgence of American big business. The NYTX front page is here. You can contribute here.

Adam Sorensen of Time has a pretty good piece on President Obama's effort to push the Buffett Rule in a week many Americans are thinking about their taxes anyway....

... Marc Caputo of the Miami Herald: "Lunch: $10,000 a plate. Good seats to hear John Legend sing: $5,000. Dinner: $30,000 per couple. The public-relations value of President Obama’s $2 million South Florida fundraising binge Tuesday: Priceless — for the GOP. While raising all this money from the wealthy, Obama will be advocating for higher taxes on the wealthy. And, by and large, the taxpayer will foot the bill."

Jonathan Cohn of The New Republic: in his criticism of the Supreme Court, President Obama was right.

Big Fat Liar. Kate Zernicke of the New York Times: "Gov. Chris Christie of New Jersey exaggerated when he declared that unforeseen costs to the state were forcing him to cancel the new train tunnel planned to relieve congested routes across the Hudson River, according to a long-awaited report by independent Congressional investigators." CW: in case you have bought into Christie's claims about being a straight-shooter, the GAO report should give you pause. ...

     ... Krugman Update: "... this turns Christie’s whole narrative on its head. He poses as the tough guy willing to make hard choices to secure his state’s future. Instead, he turns out to be a guy willing to eat the state’s seed corn — as one of the critics quoted in the article says, to 'cannibalize' a project essential to the state’s future — so as to secure a short-term political advantage." ...

     ... Alex Pareene of Salon: "Whoops, turns out Chris Christie was just lying about everything when he canceled that train tunnel project in 2010.... Christie’s willingness to brazenly lie about irresponsible budgetary decisions while somehow maintaining his 'responsible fiscal conservative' cred is why so many Republican elites hoped he’d jump into the 2012 presidential race. There’s always 2016!"

Lori Montgomery of the Washington Post: "President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a member of the board that oversees Medicare financing. The study is set to be released Tuesday by Charles Blahous, a conservative policy analyst whom Obama approved in 2010 as the Republican trustee for Medicare and Social Security. His analysis challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers." CW Note: the Post story neglects to tell the reader that Blahous draws his primary paycheck from an organizaiton heavily-funded by the Koch brothers. Ah, journalism. ...

     ... ** Update: Paul Krugman, with an assist from Jon Chait of New York magazine, explains the funny math that Blahous used to reach his totally bogus conclusion. Krugman's final word: "... this is basically a sick joke that doesn’t pass the laugh test. Unfortunately, it seems that some news organizations don’t have mandatory laugh-testing."

Eric Kleefeld of TPM: "Elizabeth Warren’s campaign announced Monday that it raised $6.9 million in the first quarter of 2012 for her race in Massachusetts against Republican Sen. Scott Brown. This is more than double Brown’s fundraising haul for the quarter, with the incumbent having brought in $3.4 million. Brown’s campaign also announced last week that it had $15 million cash on hand, though, which will keep him ahead of Warren in his total war chest." ...

... Steve Kornacki of Salon: "This is further confirmation that what was initially seen as one of Warren’s chief liabilities as a candidate – Wall Street’s hostility toward her, and its dedication to pouring money into Brown’s campaign – is just as much a strength. Her reputation among progressives as a rare, uncorrupted advocate of the 99 percent has made her campaign a magnet for donations from across the country."

Harold Pollack in the Washington Monthly: "Paul Ryan ... is out selling a House Republican budget whose stated particulars include $4.6 trillion in tax cuts weighted strongly to the affluent alongside punishing cuts to social programs and the denial of health insurance coverage to tens of millions of people covered under health reform.... Ryan and other Republicans are apparently wrapping their proposals within the flag of the 1996 welfare reform.... You don’t need Frank Luntz focus group to find out that welfare reform is popular, and that welfare recipients are not. Framing budget cuts as cutting welfare therefore has obvious appeal." CW: this is not a particularly well-written post, but it speaks to a point I hope to comment on later today: how the GOP frames social safety net programs to make them unpopular.

Right Wing World

NEW. Charles Pierce hopes the rumors are true that Romney will choose Paul Ryan (R-Wisc.), a/k/a "the zombie-eyed granny-starver," as his running mate.

Devin Dwyer of ABC OTUS News: "As part of a weeklong campaign around the Buffett Rule, President Obama's re-election team is making Mitt Romney the face of income tax inequality. On a conference call with reporters Monday, top Obama surrogates blasted the Republican candidate for keeping years of tax returns secret, using offshore bank accounts for some investments, and enjoying a lower effective tax rate than most middle-income Americans."

Extend Foot. Shoot. Jonathan Weisman of the New York Times: "By definition, the majority leader of the House has the majority of incumbents to protect in an election. So it came as something of a shock when House Republicans learned that a political action committee affiliated with Representative Eric Cantor of Virginia, who currently holds that leadership slot, had donated $25,000 to a group devoted solely to taking out incumbents.... The group’s target list reads like a who’s who of the House Republican old guard.... Mr. Cantor has been on the defensive...."

Kevin Drum: Pastor Rick Warren tells ABC's Jake Tapper that helping the poor "robs them of their dignity." CW: What would Jesus do if he heard Pastor Rick so distort his teachings? Probably smite Pastor Rick upside the head. ...

... Ed Kilgore of the Washington Monthly: "Much of the over-the-top language of the Christian Right, in fact, is part of a difficult but psychologically essential effort to turn comfortable white suburban believers into the wretched of the earth, hounded by powerful secular elites and their corrupt poor-and-minority clients into subjection. Enter one of those brightly colored evangelical megachurches and attend closely and you will catch more than a whiff of the Catacombs.... Nothing thrills the rank-and-file quite like those viral emails suggesting that Obama is plotting to ban religious broadcasts or even herd martyrs into concentration camps. A lot of today’s Christian conservatives are feeling too much pity for themselves to share much with the poor, who generally vote wrong and can be dismissed as pawns of the Evil One."

Local News

Clueless Cheesehead. Travis Waldron of Think Progress: "Wisconsin Gov. Scott Walker (R) quietly repealed his state’s equal pay law last week.... The law was enacted primarily to address the massive pay gap that exists between male and female workers, which is even bigger in Wisconsin than in other states.... State Sen. Glenn Grothman (R) ... led the [repeal] effort because of his belief that pay discrimination is a myth driven by liberal women’s groups.... Grothman blamed females for prioritizing childrearing and homemaking instead of money, saying, “Money is more important for men.” ...

... Andy Kroll of Mother Jones: In the upcoming Wisconsin recall election, "The most potent anti-Walker messages ... slam Walker for pushing policies harmful to the middle class, slashing education funding, and grabbing power via a secretive redistricting process. What's more..., Democrats' anti-Walker strategy will center on two key issues: the secret 'John Doe' investigation targeting Walker aides and what Democrats calls Walker's 'war on women.'"

News Ledes

 A very weird news day:

... Orlando Sentinel: The lawyers for George Zimmerman, the Florida man who shot and killed Trayvon Martin, announced today that they no longer represent him. "Zimmerman has not talked to or communicated with them since Sunday, said Craig Sonner, one of his lawyers. Worse, Zimmerman has done two dangerous things, his lawyers said, He telephoned a special prosecutor who's trying to put together a criminal case against him, and he called Sean Hannity of Fox News." ...

     ... Miami Herald Update: "With prosecutors saying they will announce a decision in the Trayvon Martin case by Friday, George Zimmerman appears to have struck out on his own."

New York Times: "Reed Whittemore, a former poet laureate of the United States whose work’s calm, unruffled surface belied deep subversion below, died on Friday in Kensington, Md. He was 92."

New York Times: "On Tuesday night, the University [of Arkansas] fired [football] Coach Bobby Petrino in the wake of an embarrassing scandal that began with Petrino getting in a motorcycle accident last week." Petrino initially claimed "that he was riding alone on his motorcycle at the time of the accident. Just before the police report became public, Petrino admitted that he did have a passenger. It turned out to be Jessica Dorrell, a 25-year-old woman who was a former Arkansas volleyball player and with whom Petrino admitted having an inappropriate relationship. Petrino, who is married with four children, had also recently hired Dorrell for a football department staff position for which 159 candidates had applied."

New York Times: "Brian J. Dunn, chief executive of the electronics retailer Best Buy, resigned unexpectedly Tuesday during an investigation by the board into what it called his 'personal conduct.'”

Miami Herald: In the wake of Miami Marlins coach Ozzie Guillen's saying, "I love Fidel Castro," "The Marlins, whose new taxpayer-funded stadium sits in the heart of Little Havana, took the first step toward trying to heal the rift Tuesday by announcing Guillen will be suspended for the next five games...."

Washington Post: "Rick Santorum announced Tuesday that he is suspending his presidential campaign, all but bringing to a close the 2012 GOP presidential contest and effectively handing the nomination to Mitt Romney." New York Times story here. ...

     ... Update: here's the Times' full story.

Guardian: "The wife of the controversial Chinese leadership contender Bo Xilai is 'highly suspected' of murdering the British businessman Neil Heywood, state media have reported, in the biggest scandal to hit the party for decades. Gu Kailai and Zhang Xiaojun, who worked at the family's home, have been transferred to judicial authorities, the official news agency Xinhua reported." ...

     ... Update: New York Times story here.

Los Angeles Times: "One hundred years ago, the people of the English port city of Southampton watched and waved as the greatest ship of its time sailed away to New York carrying more than 1,500 cheering passengers and crew. On Tuesday, the city remembered the Titanic.... Several hundred descendants, relatives and residents of the maritime city ... gathered for a moving ceremony to pay tribute those who were killed on the night of April 15, 1912."

New York Times: "Previewing the message that President Obama will take to Florida on Tuesday, his economic team released a brief report making the case for his so-called 'Buffett Rule,' a proposal that would ensure the wealthiest Americans pay at least 30 percent of their income in federal taxes."

New York Times: "Angela B. Corey, a Republican state attorney with a reputation for toughness, has decided not to seek a grand jury review of the Trayvon Martin shooting, keeping the resolution of a case that has transfixed the nation solely in her hands."

Reuters: "Two white men accused of shooting five black people in Tulsa, Oklahoma, killing three of them, have confessed to authorities, media reports said on Monday, citing police and court documents."

Guardian: "Abu Hamza, the radical cleric who became the face of violent extremism in Britain, can be extradited to the US to face terrorism charges, the European court of human rights has ruled. The court in Strasbourg said the human rights of Hamza and four other men held in Britain – Babar Ahmad, Syed Talha Ahsan, Adel Abdel Bary and Khaled al-Fawwaz – would not be violated if sent to the US to stand trial."

New York Times: "North Korea said on Tuesday that it had completed preparations to launch a satellite into orbit, as South Korea and other Asian nations told their airlines and ships to change their routes to avoid the North Korean rocket."

AP: "The names of three dozen journalists allegedly involved with a shady private investigator have been leaked to the Internet, another potential embarrassment for Britain's scandal-tarred media. Paul Staines, who blogs under the name Guido Fawkes, has published what he says are more than 1,000 recorded transactions between News International staffers and disgraced detective Steve Whittamore."

The Commentariat -- April 9, 2012

My column in today's New York Times eXaminer is on Ross Douthat's Easter Sunday sermon, and I think it's a winner even if it is full of typos I can't see. The NYTX front page is here. You can contribute here.

In a fabulous column, and without naming names, Paul Krugman explains why self-described centrists have fallen for Paul Ryan, "a garden-variety modern G.O.P. extremist, an Ayn Rand devotee who believes that the answer to all problems is to cut taxes on the rich and slash benefits for the poor and middle class." ...

... Krugman blogpost coda: "... the Ryan proposal would lead to bigger, repeat bigger, deficits than the Obama proposal."

** Eric Alterman of The Nation, in the New York Times: "... economic liberalism is on life-support, while cultural liberalism thrives. [That's largely because] cultural liberalism comes cheap.... Liberals must find a way to combine their cultural successes with new approaches to achieving economic equality.... So far the president has been unwilling to put his budgetary moneys where his mouth is. In fact, Obama has proved far more adept at adapting his positions toward the increasingly radical views enunciated by the leaders of the Republican Party than he has in articulating — and sticking to — an alternative vision of the role of government in ensuring a fair economic shake for all its citizens."

Prof. Philip Kitcher has a terrific essay in the New York Times on social Darwinism. ...

E. J. Dionne: "Conservatives are not accustomed to being on the defensive.... So imagine the shock when President Obama decided last week to speak plainly about what a Supreme Court decision throwing out the health-care law would mean, and then landed straight shots against the Mitt Romney-supported Paul Ryan budget as 'a Trojan horse,' 'an attempt to impose a radical vision on our country,' and 'thinly veiled social Darwinism.' ... Conservatives are unhappy because they prefer passive, intimidated liberals to the fighting kind."

Law Prof. Ronald Krotoszynski, in a New York Times op-ed: "In the post-9/11 era, security has too often been an empty pretext for placing dissent out of eyesight and earshot."

Right Wing World

Thomas Edsall, writing in the New York Times, tracks Mitt Etch-a-Sketch Romney's shift to the center. CW: I think it's worth noting, tho Edsall doesn't mention it, that during the general elections the positions of both presidential candidates will be to the left of where they were a year ago. Politicians are shifty people.

James Crugnale of Mediaite: "Republican Iowa Senator Chuck Grassley took a shot at President Barack Obama’s stance on the Supreme Court via Twitter Saturday, tweeting, 'Constituents askd why i am not outraged at PresO attack on supreme court independence. Bcause Am ppl r not stupid as this x prof of con law.' ... Obama chief strategist David Axelrod fired back at the Iowa Senator, alleging a six-year-old had hacked his Twitter account.”

News Ledes

New York Times: "... the aggressive tactics that have served Mr. Romney so well in other states faced an unexpected complication [in Pennsylvania]: the emergency hospitalization of Mr. Santorum’s disabled daughter Bella, which prompted an outpouring of public sympathy."

New York Times: "The special prosecutor appointed to investigate the killing of 17-year-old Trayvon Martin said Monday that she had decided not to convene a grand jury in the case.... The prosecutor, State Attorney Angela Corey, who was appointed last month by Florida Gov. Rick Scott to investigate the shooting, said in a statement that her decision 'should not be considered a factor in the final determination of the case.'”

New York Times: "A judge set bail at $9.1 million each on Monday morning for the two men accused in the shooting spree here in which three people were killed and two others were wounded.... All five victims were black. Many city and community leaders have said that the shootings were racially motivated, but District Attorney Tim Harris of Tulsa County said on Monday that the authorities were trying to determine whether the rampage constituted a bias crime."

New York Times: "Facebook ... said it had agreed to buy Instagram, the popular mobile-centric photo-sharing service, for $1 billion in cash and stock, giving it a stronger foothold on mobile devices. It would be Facebook’s largest acquisition to date by far."

Washington Post: David Foley, "a top official at the General Services Administration, was placed on administrative leave Monday, four days after a video that features him joking about the lavish spending at a Las Vegas conference became public.

New York Times: Iranian diplomats are sending mixed signals in advance of nuclear arms talks.

AP: "Syrian forces fired across the border Monday into a refugee camp in Turkey, wounding at least five people as a U.N.-brokered plan to end more than a year of violence this week all but collapsed...." ...

     ... Updated New York Times story here.

AP: "The U.S. Navy said Monday it has deployed a second aircraft carrier to the Persian Gulf region amid rising tensions with Iran over its nuclear program.The deployment of the nuclear-powered USS Enterprise along the Abraham Lincoln carrier strike group marks only the fourth time in the past decade that the Navy has had two aircraft carriers operating at the same time in the Persian Gulf and the Arabian Sea...."

New York Times: "AOL agreed on Monday to sell a portfolio of over 800 patents, and license about 300 more, to Microsoft for $1.056 billion, amid an arms race within the technology industry over intellectual property."

AP: "Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to return to profit, Japanese news reports said Monday."