Civil rights leader Lawrence Guyot dies in Md. at 73; endured beatings, prison during ‘60s - The Washington Post

 

A Mississippi native, Guyot (pronounced GHEE-ott) worked for the Student Nonviolent Coordinating Committee and served as director of the 1964 Freedom Summer Project, which brought thousands of young people to the state to register blacks to vote despite a history of violence and intimidation by authorities. He also chaired the Mississippi Freedom Democratic Party, which sought to have blacks included among the state’s delegates to the 1964 Democratic National Convention. The bid was rejected, but another civil rights activist, Fannie Lou Hamer, addressed the convention during a nationally televised appearance. Guyot was severely beaten several times, including at the notorious Mississippi State Penitentiary known as Parchman Farm. He continued to speak on voting rights until his death, including encouraging people to cast ballots for President Barack Obama. “He was a civil rights field worker right up to the end,” Guyot-Diangone said. Guyot participated in the 40th anniversary of the Freedom Summer Project to make sure a new generation could learn about the civil rights movement. “There is nothing like having risked your life with people over something immensely important to you,” he told The Clarion-Ledger in 2004. “As Churchill said, there’s nothing more exhilarating than to have been shot at — and missed.” His daughter said she recently saw him on a bus encouraging people to register to vote and asking about their political views. She said he was an early backer of gay marriage, noting that when he married a white woman, interracial marriage was illegal in some states. He met his wife Monica while they both worked for racial equality. “He followed justice,” his daughter said. “He followed what was consistent with his values, not what was fashionable. He just pushed people along with him.” Susan Glisson, executive director of the William Winter Institute for Racial Reconciliation at the University of Mississippi, called Guyot “a towering figure, a real warrior for freedom and justice.” “He loved to mentor young people. That’s how I met him,” she said. When she attended Ole Miss, students reached out to civil rights activists and Guyot responded. “He was very opinionated,” she said. “But always — he always backed up his opinions with detailed facts. He always pushed you to think more deeply and to be more strategic. It could be long days of debate about the way forward. But once the path was set, there was nobody more committed to the path.” Glisson said Guyot’s efforts helped lay the groundwork for the Voting Rights Act of 1965. “Mississippi has more black elected officials than any other state in the country, and that’s a direct tribute to his work,” she said. Guyot was born in Pass Christian, Miss., on July 17, 1939. He became active in civil rights while attending Tougaloo College in Mississippi, and graduated in 1963. Guyot received a law degree in 1971 from Rutgers University, and then moved to Washington, where he worked to elect fellow Mississippian and civil rights activist Marion Barry as mayor in 1978. “When he came to Washington, he continued his revolutionary zeal,” Barry told The Washington Post on Friday. “He was always busy working for the people.” Guyot worked for the District of Columbia government in various capacities and as a neighborhood advisory commissioner. D.C. Delegate Eleanor Holmes Norton told The Post in 2007 that she first met Guyot within days of his beating at a jail in Winona, Miss. “Because of Larry Guyot, I understood what it meant to live with terror and to walk straight into it,” she told the newspaper. On Friday, she called Guyot “an unsung hero” of the civil rights movement. “Very few Mississippians were willing to risk their lives at that time,” she said. “But Guyot did.” In recent months, his daughter said he was concerned about what he said were Republican efforts to limit access to the polls. As his health was failing, he voted early because he wanted to make sure his vote was counted, he told the AFRO newspaper. Funeral services are pending. Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Gradius ReBirth (WiiWare) Review

 

WiiWare was undeniably a shelter for a lot of old school genres that would have required a lot more investment if released at retail. Indeed, it has become quite hard to sell a game that can be beaten in a matter of two to three hours at full price like some old genres could...namely shoot 'em ups. The first of a series of three games -- the other two being Contra ReBirth and Castlevania: The Adventure ReBirth -- Gradius ReBirth harks back to the roots of the franchise it belongs to, ignoring the advancements of technology that were used most efficiently by the teams of Treasure Co., Ltd. in Gradius V for PlayStation 2, but rather offering an experience closer to the original Arcade titles. Developed by M2, who also worked on the Gradius, Salamander, Twinbee and Parodius collections for PSP, the game certainly was put into good hands. How did it turn out, though? Read on to find out. One of the most distinctive aspects of this specific Gradius episode is its emphasis on a storyline. A lengthy intro, done in the style of the older MSX entries that were already notable for this aspect of things, sets the stage for the rest of the game. Planet Antichthon, Protectorate of the Gradian Empire, has suddenly fallen silent. It is feared that the Bacterians, the main villains in the Gradius series, may have infected their mother computer. It's now up to a single squadron of small spaceships, of which yours is going solo, to go out there and defeat the enemy leader to put an end to hostilities before it's too late. It's one of the most cliché pretexts for the action happening inside the game but in others of the same genre the storyline is often relegated to a mere mention on the game box art or the instruction booklet. Here, a text-based introduction is dedicated to setting the story, which is a nice thing, especially since the whole Gradius series has a quite complex story by genre standards when all episodes are taken together. Staying true to its roots, Gradius ReBirth has the player taking control of the Vic Viper spacecraft, initially armed with a sole cannon shooting forward an infinite flow of tiny bullets.

A Hyperfocus Balance Sheet: Is Hyperfocus Worth It? | ADHD from A to Zoë

 

- completed a major project - finished the project faster than if I did it in short bursts; it takes me a long time to get back on track if I leave a complex task even for a short period of time - hyperfocusing helped me remember details in a complex, multi-faceted task - felt a sense of satisfaction sacrificing other things for a worthy goal - proud of my self-discipline and commitment to a goal in saying “no” to a lot of opportunities - chose long-term over short-term gratification – not easy for someone who’s impulsive - super-motivated to get back in shape now that the project is over, and excited about that - aware that I was hyperfocusing and conscious that I’d need to catch up on other things when the project was done Con - out of touch with my friends - other activities sacrificed: exercise, bass practice, other interests - physical and spiritual well-being compromised (no time for exercise, yoga, meditation, contemplation) - forgot about some important commitments at the expense of the larger project (e.g. this Wednesday’s blog post, part three of a series which, by the way, I intend to make up next Wednesday) - feeling guilty about missed commitments - lost track of a bill thrown in a pile of papers and snapped at the employee when they called to remind me to pay it - feeling out-of-balance Could I have gotten this project done without hyperfocusing? Honest answer: doubtful. I’m reminding myself that this year was exceptionally challenging. Time-robbing life events culminated in sabotaging my ability to establish a steady work routine. With the deadline looming, I had to pull out all the stops to make it to the finish line. Chemistry Whenever I’m hyperfocusing, I’m also aware of the toll it’s taking on my body. I worked late into the night, and got up early the next morning to finish the project. Three days later, I’m aching all over. I have a headache. I’m exhausted and I think I’m coming down with the flu. On the other hand, the adrenaline rush of a deadline always sharpens and keeps my focus (hyperfocus), gives me a rush of energy, and helps me meet my goals. It’s the same way before a performance. I’ve always suffered intense stage fright, but three or four minutes onstage, and hyperfocus kicks in. My nervousness evaporates. Will working in spurts of hyperfocus have a long-term negative effect on my health? I worry about that. Do I think I can change this pattern of hyperfocusing to achieve major goals? When I first started reading about ADHD, I was stunned when I discovered several writers who described people with ADHD as going full-out, giving 100% in short bursts of productivity. This is contrasted with the more usual, 20 to 30% effort over the course of the day, day in and day out.  In Tom Hartmann’s book Attention Deficit Disorder: A Different Perception, he describes people with ADHD as “hunters,” with short bursts of energy, focused on the hunt, followed by lulls. This describes the way I’ve always worked to a tee. No wonder we get exhausted. If, as some authors suggest, we have a genetic predisposition to work this way, how can I hope to change it? In spite of all the tips, guidelines, books, articles, and other time management tools written for people with ADHD, I feel like I’m swimming against the current if I try to force my natural energy flows through a contrived system of dams and channels. As long as it doesn’t kill me (I need to do more research on the physiological effects of hyperfocusing) I like the idea of literally going with the flow. My goal is not to fight it, but to make sure (if at all possible) the rest of my life doesn’t get quite as out of balance as it has recently. I need to keep reminding myself that the past year has been exceptionally overwhelming, and see what the new year holds. Now, before I snuggle in bed with a hot toddy, a good book, and the hope that sleep will fend off illness, let me ask you this: do you use hyperfocus to accomplish big goals? Do you use it consciously? Have you tried to change that? Why or why not? I’d love to hear your stories. Be well.

US aircraft carrier strikeforce readies in case of war with Iran - Telegraph

 

The flagship $4.5 billion carrier, a 100,000 ton floating city with a crew of 5,000, was despatched four months earlier than planned to bolster the United States Navy's already formidable force in the region, the Fifth Fleet. Its mission is to keep some of the world's busiest shipping lanes open in its most combustible region; at any moment America's standoff with Iran could escalate into a crisis. "Could there be a threat?" asked Rear Admiral Mike Shoemaker, the man who would command any mission to force open the sea lanes. "Yes is the answer. Is it manageable? Also yes." Admiral Shoemaker, a wiry man with a Navy buzz cut, runs through the likely threats: anti-ship cruise missiles; midget submarines; speedboats on suicide missions. Iran's conventional air force and navy are clapped out and no match for the US Navy, but they had years of practising mine-laying. "If they sunk a tanker, that could shut the Strait for a couple of days or a week," Adm Shoemaker said. "But we could deal with that quite quickly. A massive mine-laying effort, though, would take a while to clear.

$325 million Powerball jackpot draws Springs ticket-buyers | tickets, powerball, buy - Colorado Springs Gazette, CO

 

THE GAZETTE The fourth-largest jackpot in the history of the multi-state Powerball drawing meant lots of Colorado Springs dreamers were buying tickets Saturday. “Between 6 and 7 p.m. we’ll get slammed,” said Rene Green, manager of the 7-Eleven store on Garden of the Gods Road in the hours leading up to the Saturday night drawing. Colorado has never had a full Powerball winner. But, when the jackpot gets massive, people who won’t normally buy tickets will buy at least some, and others buy a lot more than usual, she said. “We never buy lotto tickets, and my husband came in and bought some,” Green said of the $325 million jackpot. The last time the Powerball jackpot was really high, the store sold more than $1,000 in tickets in a single day, she said. By 6 p.m., a steady stream of Powerball ticket buyers lined up in the Diamond Shamrock at Delmonico Drive and West Rockrimmon Boulevard. Ticket-buyers were cheerful and optimistic, with the general thought being “why not give it a shot.” “I’ll be selling tickets until the machine turns off,” said clerk Jared Conrad. “I’ll have a lot of customers come in and throw $10 or $20 on tickets.” The big jackpots always boost sales, he said. The Powerball website said odds of winning were less than one out of 175 million, but that didn’t slow down buyers. Some customers plunk down $300 to $400 in tickets in one shot, Green said. The store has seen a few small winners, but nothing major. The jackpot for Saturday night’s 42-state Powerball drawing was up to $325 million, with the winning ticket worth an estimated $212.8 million in cash. If there is no jackpot winner Saturday, the next drawing on Wednesday Nov. 28 could be worth $425 million — the highest Powerball jackpot ever. The King Soopers on Centennial Boulevard also had a steady stream of people buying tickets Saturday afternoon. “I bought two tickets and usually I only buy one,” said Janie Rawlings. Rawlings said she occasionally buys a ticket, but the big jackpot is a big draw. “Somebody’s going to win it,” she said, adding that if she won, some of the money would go to charity and she would buy a house. “I would take care of my family,” she said.

Earnings and revenues can't diverge forever: James Saft

Just about halfway through the U.S. third-quarter corporate reporting season and we find that 59 percent of S&P 500 companies have beaten their earnings estimates, down a bit from last quarter but still an upbeat number.

 

And yet about 60 percent have missed their sales targets, meaning that corporate America is somehow extracting more profit than promised despite bringing less money into the tills than expected.

 

That's admirable, but perhaps a bit disturbingly close to magical.

 

On many readings, all is rosy in the land of equities. Not only does the market have crucial support from central banks bent on forcing money into risk assets (and hoping some of the profits get spent), earnings are at record highs and the amount investors will pay for a share of those earnings is going up.

 

Analysts are forecasting fourth-quarter earnings to grow at a near 9 percent clip, down from the 17 percent they were penciling in earlier but still enough to take the earnings of the S&P 500 to almost $27 per share, in what would be yet another record.

 

And next year analysts are looking for growth of about 12 percent. That optimism, combined with quantitative easing fever and complacency over the euro zone, has allowed price-to-earnings multiples to expand, and not just in the United States.

 

On a global basis, forward-looking P/E valuations have gotten richer since early June, according to Morgan Stanley analysis, most notably for companies in mining, materials, energy and even finance.

 

That's all well and good, but very hard to square with the increasing number of companies saying they haven't been able to deliver promised growth in revenues. The huge majority of S&P 500 companies giving revenue or earnings guidance for the coming quarter have guided downwards, according to data from FactSet.

 

Third-quarter revenue for chemicals company DuPont dropped 9.2 percent from the year-before quarter, to $7.4 billion, below the $8.15 billion analysts expected, a miss the company blamed on global drops in demand. DuPont slashed its full-year earnings estimate to between $3.25 and $3.50 a share from about $4.20 before.

 

Similarly, farm and construction equipment maker Caterpillar Inc lowered its forecasts for the second time in a year, citing economic weakness and uncertainty.

 

WHERE'S THE GROWTH?

 

So, we have a trend towards lower revenue growth, a dwindling number of companies beating expectations and yet a world in which investors see this combination as growing in value.

 

In some ways this is reminiscent of the housing market in the middle years of the last decade, where prices, year after year, outpaced wage and income gains. The argument then was that incomes would soon catch up and that housing was cheap on a financing basis.

 

Housing, of course, was brought down with a thump when people finally worked out that the two numbers - cost and the amount of money available to service the debt backing that cost - could not forever drift further apart.

 

So it may prove for shares.

 

Surely some of the growth of earnings is a credit to company managers, who are proving unrelenting in wringing efficiencies from corporate structures, allowing for earnings growth even in challenging times.

 

Earnings are, on some level, an opinion. There is art to it as well as just math. Think about a bank which values assets and that drives earnings: those marks are ultimately subjective. While earnings may be more or less than meets the eye, a dollar in revenues is always a dollar.

 

Try this: compare earnings on an economy-wide basis and compare to overall economic output. On this measure, corporate America does not have a lot of room to expand its share of the pie, because earnings as a percentage of GDP are at near-record highs and are about half as high again as the kinds of figures we saw in most of the past 50 years.

 

The upside is, if the growth of earnings is confirmed over time by growth in the economy, this would send money flooding into corporations and allow for equity prices to rise even more relative to earnings. That, of course, depends on the fiscal cliff, the euro zone, China and any number of other tough-to-call macro issues.

 

The downside, of course, is that earnings revert to mean in terms of their share of overall output. When you track U.S. wages against profits, you see where most of the expanding share is coming from.

 

It may well be, especially if the government is not going to become much more leveraged, that profits will be limited by wage growth within a context of low overall growth. That particular scenario is only an outside chance, but one which would cause a big fall in shares.

 

Ultimately, the pie is going to have to grow for equities to hold their ground, much less gain more.

 

(At the time of publication James Saft did not own any direct investments in securities mentioned in this article. He may be an owner indirectly as an investor in a fund. You can email him at jamessaft@jamessaft.com and find more columns at blogs.reuters.com/james-saft )

 

(James Saft is a Reuters columnist. The opinions expressed are his own)

 

(Edited by Chelsea Emery)

Election Proving a Cliff-Hanger for the Dollar

This year's presidential election in the U.S. is probably the most important in years, not only for the U.S. economy but also for the dollar.

The outcome on Nov. 6 will dictate who will be in the White House for the next four years, how much power he will have to resolve the country's immediate and long-term fiscal problems and whether the U.S. will lose the key triple-A rating that has made the dollar a safe haven for many years.

The market's focus on the election will be even more intense as it comes as the economy continues to struggle out of recession, after a couple of previous false starts, and as a way to prevent the reversal of previous tax cuts due to take place on January 2, 2013--the so-called fiscal cliff--has yet to be found.

Now, it is all in the hands of the U.S. electorate.

The problem for financial markets is that the election is becoming too close to call, with the latest polls showing the Democrat incumbent Barack Obama neck and neck with his Republican opponent Mitt Romney.

This in itself is starting to pose a threat to current market stability, especially if the final vote is too close to allow an immediate declaration and negotiations on the fiscal cliff have to be delayed even further.

As President Obama's previous attempts to resolve the issue with a Republican-led House of Representatives have shown over the last year, the issue is highly divisive and unlikely to lend itself to a quick resolution.

For financial markets, and the U.S. economy, probably the best near-term solution would be either a clear victory for Mr. Romney, keeping the House with him, or a clear victory for President Obama. In either case, that would probably mean at least a short-term extension of the existing tax cuts while negotiations on a longer-term solution take place.

But given the state of current polls, other, more messy, results are more likely. President Obama could be returned to the White House, retaining the status quo of a Democrat majority in the Senate and a Republican majority in the House. Or, he could lose the Senate as well and face an even more implacable task trying to reduce the tax cuts for the very rich.

Similarly, a close result with Mr. Romney in the White House but no backing in the Senate would reduce the chances of swift progress.

Whichever, the chances of a tax-cut extension will be considerably smaller and the U.S. economy could find itself falling over the infamous fiscal cliff.

A protracted stand-off between the White House and Congress would not only introduce fresh uncertainty to financial markets but bring new fiscal tightening to a U.S. economy that is already very fragile.

How this affects the dollar could prove difficult to predict. For much of this year as the global, and U.S., economies have stumbled, the dollar has remained relatively firm as investors have preferred safe havens.

But the dollar's role as one of these havens could well come under threat if the political uncertainty in Washington continues to threaten the U.S. recovery and if concern about the country's longer-term ability to deal with its gigantic deficits starts to undermine investor confidence.

Rumors once again surfaced this week that Fitch would remove the country's triple-A credit rating, a move that could make U.S. assets less attractive than they appear now, although Fitch said its rating is unlikely to change before late 2013.

Hints of what could come were already evident in U.S. Treasurys, where an auction of seven-year paper this week proved the weakest since 2009.

And there's still more than a week to go until the election.

(This is an opinion column by Nicholas Hastings, who is a Senior Correspondent in London for Dow Jones Newswires and has written about foreign exchange for more than 20 years. He previously covered a variety of markets, including equities, fixed income, commodities and energy. He can be contacted on +44-20-7842-9493, by email at nick.hastings@dowjones.com or on Twitter @NickHastingsDJ)