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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (449198)1/21/2009 6:09:08 AM
From: Road Walker  Read Replies (1) | Respond to of 1574005
 
Exit the Boy King
By MAUREEN DOWD
WASHINGTON

It was the Instant the Earth Stood Still.

Not since Klaatu landed in a flying saucer on the Ellipse has Washington been so mesmerized by an object whirring through the sky.

But this one was departing, not arriving.

As W. ceased to be president, he flew off over the Capitol and across the Mall en route to Andrews Air Force Base, and then back to Texas.

I’ve seen many presidents come and go, but I’ve never watched a tableau like the one Tuesday, when four million eyes turned heavenward, following the helicopter’s path out of town. Everyone, it seemed, was waving goodbye, with one or two hands, a wave that moved westward down the Mall toward the Lincoln Memorial, and keeping their eyes fixed unwaveringly on that green bird.

They wanted to make absolutely, positively certain that W. was gone. It was like a physical burden being lifted, like a sigh went up of “Thank God. Has Cheney’s wheelchair left the building, too?”

The crowd was exuberant that George Bush was now an ex-president, and 43 himself was jovial “the way he always is,” according to his last press secretary, Dana Perino.

It was like a catharsis in Greek drama, with the antagonist plucked out of the scene into the sky, and the protagonist dropping into the scene to magically fix all the problems. Except Barack Obama’s somber mien and restrained oratory conveyed that he’s no divinity and there will be no easy resolution to this plot.

It was a morning of such enormous emotion and portent — jaw-dropping, Dow-dropping and barrier-dropping — that even the cool new president had to feel daunted to see his blocks-long motorcade and two million hope-besotted faces beaming up at him, dreaming that he can save their shirts.

The optimism was tempered by pessimism, a vibe of “Maybe this once-in-a-lifetime guy can do it, but boy, there are a lot of never-in-our-lifetime problems here.”

Unlike W., Obama is a realist. He knows there is the potential of letting all these blissed-out people down.

The day had its jittery moments: Teddy Kennedy’s collapse and Robert Byrd’s distraught reaction. There was also that match of the titan smarty-pants — the new Democratic president face to face with the conservative chief justice he voted against.

First John Roberts had to say, Easy, cowboy, after Mr. Obama jumped the gun on “I” at the start of the oath of office. Then the president, who had obviously been looking over his lines, graciously offered the chief justice a chance to correct his negligent syntax, when he put the “faithfully” and other words out of place.

Under the platform, near where I sat, Denzel Washington, Beyoncé, Jay-Z and P. Diddy looked on proudly as the new commander in chief showed he was in command of the script and the country.

After thanking President Bush “for his service to our nation,” Mr. Obama executed a high-level version of Stephen Colbert’s share-the-stage smackdown of W. at the White House correspondents’ dinner in 2006.

With W. looking on, and probably gradually realizing with irritation, as he did with Colbert, who Mr. Obama’s target was — (Is he talking about me? Is 44 saying I messed everything up?) — the newly minted president let him have it:

“As for our common defense, we reject as false the choice between our safety and our ideals,” he said to wild applause (and to Bartlett’s), adding: “Those ideals still light the world, and we will not give them up for expedience’s sake.” He said America is choosing hope over fear, unity over discord, setting aside “false promises” and “childish things.”

Letting a little air out of the highest hopes about what one man, even “The One,” can do, he emphasized the word “our.” He stressed that rebuilding after the wreckage of W. and Cheney will be a shared burden and that “giving our all to a difficult task” isn’t as bad as it sounds.

I grew up here, and it was the first time I’ve ever seen the city wholly, happily integrated, with a mood redolent of New York in the weeks after 9/11. The Obamas have made an unprecedented pledge to get involved in the real city that lies beyond the political Oz, and have already started doing so in many ways, including starting the night out at the D.C. Neighborhood Inaugural Ball.

Downtown was a euphoric pedestrian mall of commerce and communal kindness. The patience that America is extending to Mr. Obama, according to a Times poll, was reflected across the capital, as the cram of people sparked warmth rather than antsiness.

Strollers laughed as a peddler in a Rasta hat hawked his “Barack Obama incense.” And revelers stepped up to a spot where you could pick out a colored magic marker and complete posters that began, “Mr. President, I hope for ...”

Entries ranged from “burning less oil” to “healthcare for all” to “a cure for cancer” to this lofty and entirely understandable sentiment: “a sick inauguration party.”



To: Tenchusatsu who wrote (449198)1/21/2009 10:38:55 AM
From: Road Walker  Read Replies (2) | Respond to of 1574005
 
Intel Raises Possibility of Loss in First Quarter (Update2)

By Ian King

Jan. 20 (Bloomberg) -- Intel Corp., the world’s largest chipmaker, raised the possibility of reporting a loss this quarter, ending its more than 21-year run of profitability.

“We are not going to wake up in six months with everything rosy again,” Chief Executive Officer Paul Otellini told employees last week in an internal memo obtained by Bloomberg News. After 87 quarters of profit, the first quarter is “too close to call,” the memo said.

Slumping demand for personal computers has forced Intel to run its factories below capacity, making them less profitable. Last week, the company reported a 90 percent drop in fourth- quarter net income. The possibility that the chip industry’s richest company may not stay profitable underscores a plunge in chips orders for everything from computers to mobile phones.

“It’s worse than bad because it’s unknowable how long it’s going to be bad,” said Cody Acree, an analyst at Stifel Nicolaus & Co. in Dallas. Acree recommends buying the shares, which he doesn’t own. “I don’t think there’s any precedent for this.”

Intel, based in Santa Clara, California, fell 88 cents to $12.86 today in Nasdaq Stock Market trading. The shares declined 45 percent last year.

Intel doesn’t comment on confidential employee communications, said Chuck Mulloy, a spokesman for the company.

Analysts have estimated a first-quarter profit of $228.9 million, according to a Bloomberg survey.

No Forecast

Intel said last week that fourth-quarter net income dropped to $234 million, or 4 cents a share, from $2.27 billion, or 38 cents, a year earlier. The results included a writedown of about $1 billion in its investment in Clearwire Corp. That company, which is developing a high-speed Internet service, lost 64 percent of its value last year.

Intel is assuming revenue of about $7 billion this quarter for planning purposes. That’s not an official forecast and the company said it doesn’t have enough insight to make one. That amount would be a decline of 28 percent from a year ago.

Intel’s failure to give an official forecast was the first time that had happened in Otellini’s 34-year career at the company, according to the memo.

There will be no budget for merit pay or promotions, and Intel will only refill vacant jobs on a selective basis, Otellini said in the memo. He said he has received e-mails from employees saying they would rather take pay cuts than lose a job or see co- workers terminated.

“We will be focusing on every nickel,” Otellini said in the memo. “Every dollar counts.”

While the company will maintain its investments in future technologies, it plans to cut discretionary spending and slow down factory production. That will force the closure of some sites and cause manufacturing workers to relocate.



To: Tenchusatsu who wrote (449198)1/21/2009 12:10:45 PM
From: Wharf Rat  Read Replies (2) | Respond to of 1574005
 
He's one of them lawyer guys. They say they respect the law and know all of us must follow it. That should cheer him up.



To: Tenchusatsu who wrote (449198)1/21/2009 11:17:00 PM
From: tejek  Read Replies (2) | Respond to of 1574005
 
In line with what we've discussed the last few days......specifically, your complaint that the right is getting silenced. Today, Obama was sworn in again. Why? Well the swearing in got bungled yesterday, and as a consequence, the winger blog community was abuzz all day yesterday, suggesting that Obama was not really president. Therefore, to nip that crap in the bud, they took the extra step and redid the swearing in today. Imagine if Bush had to redo his swearing in......all hell would have broken lose in the winger community. And do you have any conception of how much the winger community has become a pain in the ass? With every turn, there is some new and silly conspiracy theory to discredit someone on the left. Stuff like Obama's Hawaiian birth certificate is fake to he's really Muslim to the Dems wanting to discontinue term limits for the president. It has become so very tiring.