Sunday, February 3, 2013

Suicide car bomb kills 15 in northern Iraq

Iraqi firefighters evacuate a victim at the scene of a bomb attack in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

Iraqi firefighters evacuate a victim at the scene of a bomb attack in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

Iraqi firefighters distinguish a fire at the scene of a bomb attack in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

Iraqi firefighters evacuate a victim at the scene of a bomb attack in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

Iraqi security forces inspect the scene of a bombing in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

Iraqi civilians and security forces inspect a crater caused by a car bomb attack in Kirkuk, 180 miles (290 kilometers) north of Baghdad, Iraq, Sunday, Feb. 3, 2013. A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city killing and wounding scores of people, police said. (AP Photo/Emad Matti)

(AP) ? A suicide car bomber joined by other suicide attackers on foot assaulted a provincial police headquarters in a disputed northern Iraqi city on Sunday, killing at least 15 people and wounding 90 others, officials said.

The blast in Kirkuk appeared to be a fresh attack by militants seeking to undermine government efforts in maintaining security nationwide.

Two police officers said the car bomber drove his vehicle into the Kirkuk headquarters, after which a second car bomb ? parked rather than driven ? also went off. Then, two suicide attackers on foot armed with machineguns and grenades tried to break into the station, but were killed before they could enter the building and set off their explosive-rigged belts.

The officers spoke on condition of anonymity as he was not authorized to release information. The head of the provincial health directorate, Sidiq Omar Rasool, confirmed the casualty figures.

While there was no immediate claim of responsibility, car bombs and coordinated attacks are favorite tactics for Sunni insurgents such as al-Qaida's Iraq branch.

The blast damaged the police offices and nearby buildings. Several dead bodies could be seen on the street along with the debris of the car bomb. Police and rescuers dug in the rubble for survivors.

Kirkuk, 290 kilometers (180 miles) north of Baghdad, is home to a mix of Arabs, Kurds and Turkomen, who all have competing claims to the oil-rich area. The Kurds want to incorporate it into their self-ruled region in Iraq's north, but Arabs and Turkomen are opposed.

The city is at the heart of a snaking swath of territory disputed between the Kurds, who have their own armed fighting force, and Iraq's central government.

Al-Qaida and other insurgent groups are believed to exploit ethnic tensions throughout Iraq's north.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-02-03-ML-Iraq/id-33d9966d8e4543fab824c90e90ccaea9

jon jones rashad evans ufc jones vs evans watergate mlb pregnant man

"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.

That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.

Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.

Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.

Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.

"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."

The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.

Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.

Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .

But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.

Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.

During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.

MOM AND POP STILL WARY

Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.

This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.

Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.

"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.

Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.

He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.

Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.

On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.

Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.

Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.

Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.

(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)

Source: http://news.yahoo.com/great-rotation-wall-street-fairy-tale-012451222--sector.html

acura nsx all star weekend 2012 giada de laurentiis howard hughes nationwide race wanderlust gone

Friday, February 1, 2013

President Obama pays tribute to New York's Ed Koch (Washington Bureau)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/282074103?client_source=feed&format=rss

World Ending 2012 gossip girl channing tatum Ink Master Jenni Rivera Funeral aspergers Richard Engel

Ed Koch, New York's feisty mayor, dies at 88

FILE - In this April 18, 2007, file photo, former New York Mayor Ed Koch listens during the 9th annual National Action Network convention in New York. Koch, the combative politician who rescued the city from near-financial ruin during three City Hall terms, has died at age 88. Spokesman George Arzt says Koch died Friday morning Feb. 1, 2013 of congestive heart failure. (AP Photo/Frank Franklin II, File)

FILE - In this April 18, 2007, file photo, former New York Mayor Ed Koch listens during the 9th annual National Action Network convention in New York. Koch, the combative politician who rescued the city from near-financial ruin during three City Hall terms, has died at age 88. Spokesman George Arzt says Koch died Friday morning Feb. 1, 2013 of congestive heart failure. (AP Photo/Frank Franklin II, File)

In this Sept. 11, 1985 file photo, New York Mayor Ed Koch raises his arms in victory at the Sheraton Centre in New York after winning the Democratic primary in his bid for a third four-year term. Koch died Friday, Feb. 1, 2013 from congestive heart failure, spokesman George Arzt said. He was 88. (AP Photo/Mario Suriani, file)

In this Sept. 7, 1981 file photo, New York City Mayor Ed Koch, center, gestures as he marches in a Labor Day parade down New York's Fifth Avenue. Koch died Friday, Feb. 1, 2013 from congestive heart failure, spokesman George Arzt said. He was 88. (AP Photo/Perez, file)

FILE - In this Aug. 30, 2004, file photo, former New York Mayor Ed Koch speaks at the first day of the Republican National Convention in New York. Koch, the combative politician who rescued the city from near-financial ruin during three City Hall terms, has died at age 88. Spokesman George Arzt says Koch died Friday morning Feb. 1, 2013 of congestive heart failure. (AP Photo/Joe Cavaretta, File)

FILE - In this May 16, 2012, file photo, former New York Mayor Ed Koch, right, talks to reporters as Assemblyman Rory Lancman watches in New York. Koch, the combative politician who rescued the city from near-financial ruin during three City Hall terms, has died at age 88. Spokesman George Arzt says Koch died Friday morning Feb. 1, 2013 of congestive heart failure. (AP Photo/Frank Franklin II, File) (AP Photo/Seth Wenig, File)

NEW YORK (AP) ? When Ed Koch was mayor, it seemed as if all of New York was being run by a deli counterman. Koch was funny, irritable, opinionated, often rude and prone to yelling.

And it worked, for a while at least.

With a Bronx-born combination of chutzpah and humor, Koch steered New York back from the brink of financial ruin and infused the city with new energy and optimism in the 1970s and '80s while racing around town, startling ordinary New Yorkers by asking, "How'm I doing?" He was usually in too much of a hurry to wait for an answer.

Koch died of congestive heart failure Friday at 88, after carefully arranging to be buried in Manhattan because, as he explained with what sounded like a love note wrapped in a zinger: "I don't want to leave Manhattan, even when I'm gone. This is my home. The thought of having to go to New Jersey was so distressing to me."

Tributes poured in from political allies and adversaries, some of whom were no doubt thinking more of his earlier years in City Hall, before many black leaders and liberals became fed up with what they felt were racially insensitive and needlessly combative remarks.

The Rev. Al Sharpton said in a statement that although they disagreed on many things, Koch "was never a phony or a hypocrite. He would not patronize or deceive you. He said what he meant. He meant what he said. He fought for what he believed. May he rest in peace."

During Koch's three terms from 1978 to 1989, he helped New York climb out of its financial crisis through tough fiscal policies and razor-sharp budget cuts, and subway service improved enormously. To much of the rest of America, the bald, paunchy Koch became the embodiment of the brash, irrepressible New Yorker.

He was quick with a quip or a putdown, and when he got excited or indignant ? which was often ? his voice became high-pitched. He dismissed his critics as "wackos," feuded with Donald Trump ("piggy") and fellow former Mayor Rudolph Giuliani ("nasty man"), lambasted the Rev. Jesse Jackson, and once reduced the head of the City Council to tears.

"You punch me, I punch back," Koch once observed. "I do not believe it's good for one's self-respect to be a punching bag."

Or, as he put it in "Mayor," his best-selling autobiography: "I'm not the type to get ulcers. I give them."

Koch's favorite moment as mayor, fittingly, involved yelling. During a transit strike that brought the subways and buses to a halt in 1980, he strode down to the Brooklyn Bridge to boost the spirits of commuters who had to walk to work.

"I began to yell, 'Walk over the bridge! Walk over the bridge! We're not going to let these bastards bring us to our knees!' And people began to applaud," he recalled.

New Yorkers eventually tired of Koch.

Homelessness and AIDS soared in the 1980s, and critics charged that City Hall's response was too little, too late. Koch's latter years in office were also marked by scandals involving those around him and rising racial tension. In 1989, he lost a bid for a fourth term to David Dinkins, who became the city's first black mayor.

On Friday, Dinkins called Koch "a feisty guy who would tell you what he thinks."

"Ed was a guy to whom I could turn if I wanted a straight answer," he told Fox 5 News.

Mayor Michael Bloomberg saluted Koch as "a civic savior for our city in desperate times," saying "the whole city was crumbling" when Koch was elected.

"When we were down, Ed Koch picked us up. When we were worried, he gave us confidence. When someone needed a good kick in the rear, he gave it to them - and, if you remember, he enjoyed it," Bloomberg said.

A lifelong bachelor who lived in Greenwich Village, Koch championed gay rights, taking on the Roman Catholic Church and scores of political leaders. His own sexual orientation was the subject of speculation and rumors. During his 1977 mayoral campaign against Mario Cuomo, posters that read "Vote for Cuomo, Not the Homo" mysteriously appeared in some neighborhoods.

Koch offered a typically blunt response to questions about his sexuality: "My answer to questions on this subject is simply, 'F--- off.' There have to be some private matters left."

Koch was also proudly Jewish and an outspoken supporter of Israel.

After leaving office, he continued to offer his opinions as a political pundit, movie reviewer, food critic and judge on "The People's Court." Even in his 80s, he exercised regularly and worked as a lawyer.

Describing himself as "a liberal with sanity," Koch pursued a fearlessly independent course. When President George W. Bush ran for re-election in 2004, Democrat Koch supported him and spoke at the GOP convention. He also endorsed Bloomberg's re-election at a time when Bloomberg was a Republican.

Edward Irving Koch was born in the Bronx on Dec. 12, 1924, the second of three children of Polish immigrants. During the Depression the family lived in Newark, N.J.

The future mayor worked his way through school, checking hats, working behind a delicatessen counter and selling shoes. He attended City College of New York and served as a combat infantryman in Europe during World War II.

He received a law degree from New York University in 1948 and began his political career in Greenwich Village as a liberal Democratic reformer, beating the powerful old-school party boss Carmine DeSapio in a race for district leader.

Koch was elected to the City Council and then to Congress, serving from 1969 to 1977 as the representative from the wealthy East Side's "Silk Stocking" district.

His politics edged to the center of the political spectrum during his years in Congress and pulled to the right on a number of issues after he became mayor.

Drugs? Send convicted dealers to concentration camps in the desert. Decaying buildings? Paint phony windows with cheery flowerpots on brick facades. Overcrowded jails? Stick inmates on floating prison barges.

With New York in dire financial condition in 1977, Koch defeated Mayor Abe Beame and Cuomo in the Democratic primary to win his first term in City Hall. He breezed to re-election in 1981 and 1985, winning an unprecedented three-quarters of the votes cast.

In 1982, he made a run for governor against then-Lt. Gov. Cuomo. But his bid blew up after he mouthed off about life outside the big city.

"Have you ever lived in the suburbs?" Koch told an interviewer about a possible move to Albany. "It's sterile. It's nothing. It's wasting your life." He said life in the country meant having to "drive 20 miles to buy a gingham dress or a Sears, Roebuck suit."

It cost him the race.

Koch's third term was beset by corruption scandals, one of which ended in the suicide of a top party boss in 1986. Also, Koch's friend and commissioner of cultural affairs, former Miss America Bess Myerson, stepped down after being accused of trying to influence the judge in a court case involving her boyfriend.

Koch fell out with many black voters for purging anti-poverty programs and saying, among other things, that busing and racial quotas had done more to divide the races than to achieve integration. He also said Jews would be "crazy" to vote for Jackson during the civil rights leader's 1988 presidential campaign.

Racial tensions were running high at the time because of the deaths of two young black men who were set upon by gangs of whites in 1986 and 1989.

Koch later said the simmering tensions didn't lead to his defeat. "I was defeated because of longevity," he said. "People get tired of you. So they decided to throw me out."

But he also said his biggest regret as he left office was that "many people in the black community do not perceive that I was their friend."

On Friday, Jackson said in a statement that Koch's "leadership and legacy will never be forgotten in New York City, New York state or our nation."

Koch wrote 10 nonfiction books, including "His Eminence and Hizzoner," written with Cardinal John O'Connor. He also turned out four mystery novels and three children's books.

He played himself in the movies "The Muppets Take Manhattan" and "The First Wives Club" and hosted "Saturday Night Live." In 1989's "Batman," Gotham City's mayor bore a definite resemblance to Koch.

At 83, Koch paid $20,000 for a burial plot at Trinity Church Cemetery, at the time the only graveyard in Manhattan that still had space. He had his tombstone inscribed with the last words of Daniel Pearl, the Wall Street Journal reporter beheaded by Islamic militants: "My father is Jewish, my mother is Jewish, I am Jewish."

The funeral will be Monday at Temple Emanu-El in Manhattan. Koch is survived by his sister, Pat Thaler, and many grandnieces and grandnephews.

___

Associated Press writer Samantha Gross contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-02-01-Obit-Koch/id-4231e19b775a4558a407a6a057386ee9

rashard lewis curacao curacao home run derby kourtney kardashian kourtney kardashian DNS Changer

KU football commitment Marcus Jenkins-Moore not going anywhere

Class of 2013 linebacker Marcus Jenkins-Moore poses with KU linebackers coach Clint Bowen during a recent visit in California.

Class of 2013 linebacker Marcus Jenkins-Moore poses with KU linebackers coach Clint Bowen during a recent visit in California. by Matt Tait

Kansas University commitment Marcus Jenkins-Moore caused quite a stir late Wednesday afternoon, when he posted on both his Facebook page and his Twitter account that he had plans to take an official visit to Louisville.

Jenkins-Moore, one of the biggest KU supporters in the current recruiting class, hails from Louisville and the news spread quickly. Fans took to message boards and Twitter in search of answers, some going as far as to say their hearts dropped or that their days were ruined.

In the end, it all turned out to be much ado about nothing.

When reached by phone by the Journal-World, Jenkins-Moore said he was just ?bored? and simply was ?playin' around.?

Later, on the social media sites, he said he simply floated the fake message out there to see if KU fans would notice.

They did. And so did he.

Later, he returned to the popular sites to post the following soothing statements:

?I was just playin,? he wrote on Facebook. ?It's Rock Chalk til the death of me!?

As for Twitter, the Pierce Community College linebacker was busy responding to numerous KU fans but also fit in the following: ?Just playin around a lil bit! No worries ?#Kansas ! There's only gonna be one hat present in 7 days! Cracked a joke on my ?#KU family! Forgive me.?

Jenkins-Moore more is one of 15 players expected to sign national letters of intent next Wednesday, the first day of the regular football signing period.

Jenkins-Moore said he could not wait to make it official and that he had started a countdown for his arrival on campus.

As for his partner in crime, Pierce defensive tackle Marquel Combs, who was not believed to be in on the Twitter/Facebook prank, Jenkins-Moore said he thought Combs would be returning to Pierce for the spring semester to finish up classes that did not transfer and the two of them would report to Lawrence in June.

That was just his read on the situation, though, and by no means is official. Combs signed with KU in December and had planned to arrive on campus in time for the start of the spring semester but has not yet reported.

We'll keep an eye on that situation as well as Twitter, but don't expect any more jokes from Jenkins-Moore before next Wednesday.

Source: http://www2.ljworld.com/weblogs/tale-tait/2013/jan/30/ku-football-commitment-marcus-jenkins-mo/

dfw 1930 census nike new nfl uniforms nfl uniforms andrew bailey the village dallas fort worth tornado

All The Super Bowl Ads - 2013 XLVII - Business Insider

A scene from SodaStream's Super Bowl ad.

Super Bowl XLVII might not air until Feb. 3, 2013, but you don't have to wait until Sunday to check out the ads.

Skip straight to the ads ?

With some advertisers shelling out as much as $4 million for a 30-second time slot, companies started rolling out teasers for their big game commercials weeks ago to get the most bang for their buck.?

And with just four days to go before the game, almost every single company has unveiled the ad it will be playing in the game.

Fiat / YouTube

Fiat's beach bum.

We've compiled a list of all of the ads that you will see Super Bowl Sunday ? we've included some "teasers" as well ? and the order that they will be playing in, based on quarter. Some advertisers haven't announced when their commercials will air, so those have been placed in our "undisclosed" section.

Tell us your favorites in the comments and check back at this story or Business Insider's Advertising news channel in the days leading up to Super Bowl Sunday as more commercials get released.

Source: http://www.businessinsider.com/all-the-super-bowl-ads-2013-xlvii-2013-1?op=1

mlb 12 the show sabu franchise tag lesotho a wrinkle in time benjamin netanyahu storm shelters

You Can't Miss This Awesome Flipbook Version of Gangnam Style

Holy crap this is crazy! YouTube user Etoilec1 made the Gangnam Style music video as a hand drawn animated flipbook. Even if you are sick of it already, it's well worth a watch. Perfectly and patiently done. [YouTube (no sound for copyright issues)Thanks Angel!] More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/5NomnOZGPCE/you-cant-miss-this-awesome-flipbook-version-of-gangman-style-video

multiple sclerosis falling skies rodney king Webb Simpson Fathers Day Quotes Stevie J mothers day 2012