Saturday, February 2, 2013

SUPER BOWL WATCH: Katrina, Coin flip bets, Modell

FILE - In this Nov. 13, 1995, file photo, Cleveland Browns fan Lisa Vann, left, cries as her friend Jeanne Jolluck yells as the Browns lose to the Pittsburgh Steelers, 20-3, in an NFL football game in Pittsburgh. Modell was among the most important figures in the NFL as owner of the Cleveland Browns, who became the Ravens after he took the team to Baltimore in 1996. Cleveland fans hope Modell, who died in 1012, is not voted into the Pro Football Hall of Fame on Saturday when a committee choses this year?s class from a list of 15 finalists that includes coach Bill Parcells, former 49ers owner Ed DeBartolo Jr., single-season sacks leader Michael Strahan and Ravens tackle Jonathan Ogden.(AP Photo/Gene Puskar, File)

FILE - In this Nov. 13, 1995, file photo, Cleveland Browns fan Lisa Vann, left, cries as her friend Jeanne Jolluck yells as the Browns lose to the Pittsburgh Steelers, 20-3, in an NFL football game in Pittsburgh. Modell was among the most important figures in the NFL as owner of the Cleveland Browns, who became the Ravens after he took the team to Baltimore in 1996. Cleveland fans hope Modell, who died in 1012, is not voted into the Pro Football Hall of Fame on Saturday when a committee choses this year?s class from a list of 15 finalists that includes coach Bill Parcells, former 49ers owner Ed DeBartolo Jr., single-season sacks leader Michael Strahan and Ravens tackle Jonathan Ogden.(AP Photo/Gene Puskar, File)

An abandoned housing project in New Orleans' Ninth Ward is pictured Friday, Feb. 1, 2013. Some parts of the Big Easy, such as the Ninth Ward and Treme, don't look a whole lot different than they did the day after Hurricane Katrina came ashore more than seven years ago. (AP Photo/Paul Newberry)

NFL Commissioner Roger Goodell, right, greets New Orleans Saints owner Tom Benson as Benson's wife Gayle, and daughter Rita Benson LaBlanc, left, look on before an NFL Super Bowl XLVII football game news conference at the New Orleans Convention Center, Friday, Feb. 1, 2013. in New Orleans. (AP Photo/Gerald Herbert)

FILE - In this Sept. 23, 2012, file photo, Baltimore Ravens linebacker Ray Lewis reacts as he is introduced before an NFL football game against the New England Patriots in Baltimore. Ravens fans will rock the building during Ray Lewis' pregame Squirrel Dance, a YouTube sensation that Lewis will perform for the final time before retiring. Will there be smoke and flames to accompany the star linebacker's ritual? (AP Photo/Nick Wass, File)

(AP) ? Around the Super Bowl and its host city with journalists from The Associated Press bringing the flavor and details of everything surrounding the game:

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MODELL HOF DEBATE

One of the liveliest debates this weekend in New Orleans could be not about the Super Bowl itself, but on whether late Baltimore Ravens owner Art Modell should be enshrined in the Pro Football Hall of fame.

In Cleveland, many fans haven't forgiven Modell for deciding to relocate his Browns franchise to Baltimore 17 years ago. But his supporters contend he helped create America's most popular sport.

Modell will be considered for enshrinement along with coach Bill Parcells, former 49ers owner Eddie DeBartolo Jr., single-season sacks leader Michael Strahan, offensive linemen Jonathan Ogden and Larry Allen, defensive tackle Warren Sapp, running back Jerome Bettis, wide receivers Cris Carter, Tim Brown and Andre Reed, defensive standouts Charles Haley and Kevin Greene, guard Will Shields and defensive back Aeneas Williams.

Also up for consideration, two senior nominees: defensive tackle Curley Culp and linebacker Dave Robinson.

Voters will select between four and seven new members.

The Ravens' unexpected run to the championship game has been, in part, fueled by the team dedicating its season to Modell. Baltimore's players have worn patches with "Art" on their jerseys to honor Modell, who died on Sept. 6, just four days ahead of the opener.

? Tom Withers ? http://twitter.com/twithersAP

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BROTHERLY ADVICE: BOB BRYAN

Baltimore Ravens coach John Harbaugh and San Francisco 49ers coach Jim Harbaugh are hardly the only high-profile siblings who've squared off in their arena of expertise. The AP is asking some others who can relate how to handle going against a family member in the Super Bowl.

Tennis player Bob Bryan and twin brother Mike are the world's best doubles team, having won a record 13th Grand Slam title at the Australian Open last weekend. Their 20-2 record going into this weekend's Davis Cup matches against Brazil are the best of any U.S. doubles team in the 100-plus year history of the event.

When they were younger, however, the Bryans played singles and often found themselves facing each other in the finals of a tournament.

"We would flip a coin for the match," Bob Bryan said before he and Mike were to take the court in Jacksonville, Fla., for Davis Cup play against Brazil. "(Our parents) didn't want us to become rivals or be competitive against each other, which actually worked out great. We had all our trophies in the same trophy case and shared victories together.

"With both sons in the final (our parents) could sit back, get some lemonade and enjoy the match. There was no pressure on them because the family had pretty much taken home all the hardware," he added. "I saw an interview with the Harbaughs' parents and got the same sense. You could see there was no pressure or stress on their face. They felt like they've already won."

But Bob Bryan said he wouldn't want to be in John or Jim Harbaugh's spot this weekend. When he and his brother played each other, it was impossible to muster the cutthroat attitude athletes need.

"You don't have that killer instinct against that family member," he said.

In fact, playing WITH his brother has made their success that much more rewarding.

"Really, the reason we pulled the plug on singles so early is because we didn't get nearly the same amount of joy from winning," Bob Bryan said. "Now, when we're winning tournaments, we get to talk about it together forever. For the rest of our lives."

? Nancy Armour ? http://www.twitter.com/nrarmour

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QUICKQUOTE: CEE LO GREEN

Cee Lo Green explains why it seems there's more entertainment at this year's Super Bowl than others in recent history:

"The Super Bowl has become such a big event in itself. So many people come from everywhere, looking to not only be a part of the Super Bowl but also the festivities leading up to the game. There's so much to do from parties, concerts and events like our ESPN event where Goodie will be performing. It's so much to do."

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TALE OF 2 CITIES

In some ways, New Orleans has gotten better since Hurricane Katrina. The restaurant scene, for instance.

But drive just a few miles outside the French Quarter and a different picture emerges.

This is definitely a tale of two cities.

Some parts of the Big Easy, such as the Ninth Ward and Treme, don't look a whole lot different than they did the day after Katrina came ashore ? more than seven years ago. On a ride-along with three advocates for the homeless group Unity of Greater New Orleans, it didn't take long to realize just how much is left to do in this unique American city.

There are still thousands of abandoned homes and buildings ? more than 10,000, according to some counts, maybe as many as 15,000. Many of the houses are still adorned with the spray-painted "X'' that became a symbol of the devastation during those awful days back in 2005, when it was used by searchers to let everyone know the structure had been checked and how many bodies could be found inside.

Christopher Weaver barely escaped the floodwaters after the levee just a block away from his house in the Lower Ninth Ward came crashing down. He's returned to a rebuilt home, but most of his neighborhood is marked by vacant, overgrown lots or abandoned homes that still bear the scars of Katrina.

With the Super Bowl blimp flying off in the distance, Weaver was asked what life is like for people like him.

He shook his head and looked at the abandoned lots across the street, obscured by weeds that are taller than he is.

"You can see it for yourself," Weaver said. "It sucks."

? Paul Newberry ? http://www.twitter.com/pnewberry1963

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STAT OF THE DAY: $100M COIN TOSS

The stat of the day today is about gambling on a simple question: Heads or tails? Bettors worldwide are expected to wager $100 million on that coin toss outcome at the Super Bowl.

That's according to gambling expert R.J. Bell of Pregame.com, which tracks betting trends in casinos in Nevada and elsewhere.

Bell says in the past 46 Super Bowls, the coin has fallen heads 23 times and tails 23 times. But the NFC has won 14 of the past 15 Super Bowl tosses.

Suckers might think that means the Ravens are due for the AFC, but Baltimore's chances of winning the toss this time: Still 50 percent.

? Oskar Garcia ? http://twitter.com/oskargarcia

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TROUT CRASHES SUPER BOWL ADS

A rising baseball star is crashing the Super Bowl with his first major national commercial.

Mike Trout of the Los Angeles Angels, last year's American League rookie of the year and runner-up for the league's MVP, will be featured in a new ad for Subway, along with Los Angeles Clippers star Blake Griffin, Justin Tuck of the New York Giants, Olympic speedskater Apolo Anton Ohno, and boxer Laila Ali, among others.

The ad marks Jared Fogle's 15-year anniversary of losing 245 pounds by eating Subway.

Trout says being part of a Super Bowl ad is "an incredible feeling."

The endorsement is a natural for Trout, who grew up eating the restaurant chain's sandwiches (His favorite: chicken teriyaki with hot peppers and oregano)

Since his favorite team, the Philadelphia Eagles, isn't playing, Trout says he enjoys checking out the commercials.

"Some get pretty creative, some of them get a laugh, some prove a point," he said. "I'm sure I'll be getting a lot of text messages during the Super Bowl just to mess with me a little bit."

As for the game, Trout says he thinks San Francisco to win even though he wants Baltimore to prevail.

"I've got a lot of 49ers fans on the Angels, and I know I'll hear it when I get to the spring," he said.

Pitchers and catchers report this month, and soon Trout will be playing alongside slugger Josh Hamilton. Trout said he texted the former Rangers superstar to welcome him to the Angels.

"The next thing he said to me was, 'Get your legs loose.' I was pretty excited. It will be pretty fun."

? Beth Harris ? http://twitter.com/bethharrisap

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STATE OF THE NFL

Player safety, the New Orleans Saints bounty program, cold-weather Super Bowls, even his popularity among New Orleans restaurant owners ? NFL commissioner Roger Goodell touched on a wide range of topics Friday during the annual "State of the NFL." Among the highlights:

PLAYER SAFETY

Goodell defended the league, which has come under increasing scrutiny following new studies about the long-term effects of concussions as well as recent suicides by former NFL players. President Barack Obama recently said if he had a son, he's not sure he'd let him play football. And the NFL is being sued by thousands of former players.

Goodell says steps the league has taken in recent seasons have made the game safer, and more steps are likely going forward.

"We will not relent on this," he said.

Neurosurgeons will be part of gameday medical staffs beginning next season, he said. The league is also looking at eliminating certain low blocks and will continue to impose harsh punishments for illegal hits ? particularly for players who are repeat offenders.

Proper tackling technique also needs to be emphasized, getting players to get away from using their heads and return to using their shoulders and arms.

"The No. 1 issue is, take the head out of the game," Goodell said.

Asked specifically about Obama's concerns, Goodell said "I welcome" the comments because it keeps attention on the dangers of head trauma.

"What we are doing is leading the way to try and make sure people understand you need to treat these injuries seriously," he said.

SAINTS BOUNTIES

Goodell refused to apologize for his harsh treatment of the Saints' bounty program, even if it means he's not the most popular man in New Orleans this week.

Coach Sean Payton was suspended for the season, and four current or former Saints players were punished after an investigation found the club had had a performance pool offering cash rewards for key plays, including big hits. The player suspensions eventually were overturned.

"There's no question that there was a bounty program in place for three years. I think that is bad for the players, it's bad for the game," Goodell said. "I don't believe bounties are going to be part of football going forward, and I think that's good for everybody."

His only regret was not convincing teams, players and coaches that everyone shares in the responsibility of making the game safer.

"I wasn't able to make that point clearly enough with the union and with others," he said. "But that is something we're going to be incredibly relentless on."

ROONEY RULE

Despite eight coaching vacancies and openings for seven general managers, no minorities were hired for the NFL's most high-profile positions this off-season. Goodell says that's unacceptable.

"There was full compliance of the Rooney Rule. In fact, I believe there were a record number of interviews," Goodell said. "But we didn't have the outcome we wanted. It's very important to the success of the league to do that, and we're committed to find that solution."

Goodell said the league needs to look at whether the rule needs to be expanded or adapted.

COLD-WEATHER SUPER BOWLS

Next year's Super Bowl in New York is unlikely to be the last played outdoors in a cold-weather city, judging by Goodell's remarks.

"The game of football is made to be played in the elements," he said. "Now, we hope they will not be extreme, but we will be prepared if that's the case. Some of the most classic games in history were played in extreme conditions."

? Nancy Armour ? http://www.twitter.com/nrarmour

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WHAT'S IN A NAME? FOR HARBAUGHS, DEFINITELY A 'J'

Jack and Jackie Harbaugh weren't trying to be cute when they gave all three of their kids names that start with the letter "J."

John, the eldest, was a given. He's named after Jack, whose given name is also John. Jim's name came from Jackie's doctor in Perrysburg, Ohio, who also was named Jim.

"They came in and said, 'What are you going to name this baby?' and I said that I liked the name Jim," Jackie Harbaugh said.

As for Joani, their third child and only daughter, her full name is Joani Marie and it comes from Jackie Harbaugh's mother's middle name and the first name of Jack Harbaugh's mother.

So it really wasn't planned, this whole family of J Harbaughs?

"No," Jackie Harbaugh said. "We aren't very creative."

? Nancy Armour ? http://twitter.com/nrarmour

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SALSA VS SQUIRREL

Which dance do you prefer: Victor Cruz' touchdown salsa or Ray Lewis' game entrance squirrel?

Cruz breaks it down: "The Ray Lewis slide has a little more intensity, a little more swagger fire under it. The salsa is just for swagger, for flavor, a little bit, but it's two completely different joints."

Cruz did his interpretation of the Lewis dance and said he likes them both.

"It's unique to each other's character, each other's personality," he said.

Lewis might trade dance props for any holdover luck from Cruz' trip to the Super Bowl last year; the wide receiver won a title with New York.

Cruz said he plans to tweet during Sunday's game from his (at)teamvic account, about the game and the entertainment.

"I'm looking forward to Alicia Keys ... singing the national anthem, as well as Beyonce at half time," Cruz said. "I feel like they picked some good performers this year."

? Nekesa Mumbi Moody ? http://twitter.com/nekesamumbi

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FAN TAKES: GOODELL

Fans at the NFL Experience are here for fun but also have some strong thoughts about Commissioner Roger Goodell as he talks about the state of the league.

Many are torn with the Super Bowl in town as they heal from Goodell's disciplining of the New Orleans Saints in a bounty scandal.

Despite mixed feelings, the party's not stopping.

Here's what some folks said Friday as a local brass band, the Brass-O-Holics, jammed on a stage.

? "He's the grinch who stole our Christmas, but it's Mardi Gras, so it's all good in the neighborhood. Welcome, Roger." ?Stephanie Arwood, a New Orleans resident in a Marcus Colston jersey with her young son.

? "There's a lot of anger toward Roger Goodell. I hope the Saints fans have mercy on him while he's here, truthfully. ... Katrina's a perfect example of how we'll pick up and move on, but we're not going to move on until the season's over with. Especially while he's here, I think we'll take every opportunity to give back to him what he gave to us." ?Sammie Mitchell, a New Orleans resident sporting a gold Saints jersey as he took pictures with friends and family.

? "I don't have any hard feelings. ... "It's time to move on and get ready for next season. We just have to move forward." ?Edwin Cowart of Gretna, La., sporting a Jimmy Graham Saints jersey. He says he's following the lead of coaches and players in moving on.

? Stacey Plaisance

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5 KEY PLAYERS: BALTIMORE

We asked AP pro football writer Barry Wilner to pick five key players for each team in this Super Bowl. You'll want to pay attention to these guys on Sunday.

First, for the Baltimore Ravens:

?JOE FLACCO (QB, JERSEY NO. 5): Flacco is on a personal streak this postseason with eight touchdowns and no interceptions in three games. He outplayed top draftee Andrew Luck, then Peyton Manning, then Tom Brady in leading the Ravens to the Super Bowl. And he's been successful in the playoffs over his five-year career ? he has an 8-4 playoff record and an NFL record by leading his team to playoff wins in each of his first five seasons.

?RAY RICE (RB, JERSEY NO. 27): Rice has been the hub of the Ravens' offense throughout his career ? a threat to break long gains on runs or screen passes. This season, he rushed for 1,143 yards and nine TDs, caught 61 passes for 478 yards. He has two touchdowns in the postseason.

?RAY LEWIS (ILB, JERSEY NO. 52): Lewis has been the emotional engine for Baltimore his entire career, and retires after this game. Teammate Bernard Pollard calls him "The Raven." Lewis missed 10 games this year with a torn right triceps, but has been sensational in playoffs with 44 tackles. He was the MVP of the 2001 Super Bowl, the Ravens' only championship, and Defensive Player of Year in 2000 and 2003.

?PAUL KRUGER (DE, JERSEY NO. 99): Kruger had a breakout season and has been among the best defenders in playoffs. He led Baltimore with nine sacks and has 2? in the postseason. He's very disruptive and also can drop into coverage, though that's not his strength. He doesn't get double-teamed as much with Terrell Suggs getting healthier.

?CARY WILLIAMS (CB, JERSEY No. 29): Williams is a very up-and-down defender who has two picks in postseason, including one in the end zone in the AFC championship. A so-so tackler, better as coverage man, yet made 75 tackles during the season. Williams joined the Ravens in 2009 after Tennessee cut him.

? Barry Wilner

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HGH TESTING

Repeating something the league has been saying for more than a year, NFL Commissioner Roger Goodell said he hopes there will be HGH testing soon ? before the start of the 2013 season if he has his way.

Your turn, players' union.

The league and union paved the way for testing two seasons ago in the collective bargaining agreement. But the sides have been at an impasse, with the NFL Players Association saying it needs more information about the validity of a test that is used by Olympic sports and Major League Baseball. The union also has issues with the appeals process, saying the league won't agree to the independent arbitrator that Major League Baseball's drug-testing program has.

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EDITOR'S NOTE ? "Super Bowl Watch" shows you the Super Bowl and the events surrounding the game through the eyes of Associated Press journalists across New Orleans and around the world. Follow them on Twitter where available with the handles listed after each item.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-02-01-Super%20Bowl%20Watch-Package/id-e8f18d3c8beb4a349dea69fa6153b633

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Success Of A Business From An SEO Standpoint | SEO Services ...

Feb 01 2013

When a business is thinking about internet design, it is crucial to follow this up with search engine optimization. Optimizing an internet site is a terrific marketing device. Search engine optimization can be carried out to bring in site visitors to your site from you local area such as Glasgow, or you could broaden and target internationally or worldwide.

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The web is not just good for acquiring services or products, however is also excellent for contrasting services and costs. There are lots of contrast internet sites online that you can contrast where you can contrast rates, and most will also have testimonials of what other customers thought of the item or service that you are interested in.

With the web expanding all business sectors should have a site that has a good design and with great content about the goods that you are selling. Having a website designed correctly is crucial for a business owner to have this done correctly, and made professionally. A site is potentially the same as you having a front shop as this is the first thing that a potential client will see. Not having the proper web design and material will bring about the consumer clicking off your internet site, then acquiring items from your competitor?s site. Not only will you lose that sale, but they could not visit your website again as it was not appealing and amusing. Having a correctly designed site that has great material that is engaging and amusing to the website visitor is crucial for any company website. You could buy almost every little thing on the internet and any sort of company that offers anything at all ought to have an attractive website online.

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Web design followed by a search engine optimization campaign is a great device for any business looking to broaden in his neighbourhood area or around the globe. Search engine optimization will target an appropriate audience that are browsing online for your products.

Source: http://www.rathenauinstituut.com/success-of-a-business-from-an-seo-standpoint/

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Check Out Rihanna's Wild New Look! Likes or Yikes?

RiRi shows off her outrageous new hairstyle in N.Y.C.! Check out more pics of Hollywood's tightest twosomes

Source: http://www.ivillage.com/star-snapshots-celebrity-photo-gallery-2012/1-b-450006?dst=iv%3AiVillage%3Astar-snapshots-celebrity-photo-gallery-2012-450006

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Friday, February 1, 2013

Dwight Howard out vs Wolves with shoulder injury

L.A. Lakers Dwight Howard falls to the court and grabs his right shoulder in pain in the 4th quarter of the game against the Phoenix Suns Wednesday Jan. 30, 2013. The Lakers, who had won three straight _ all at home, lost Dwight Howard when he reinjured his right shoulder with 6:57 to play. (AP Photo/The Arizona Republic, Rob Schumacher)

L.A. Lakers Dwight Howard falls to the court and grabs his right shoulder in pain in the 4th quarter of the game against the Phoenix Suns Wednesday Jan. 30, 2013. The Lakers, who had won three straight _ all at home, lost Dwight Howard when he reinjured his right shoulder with 6:57 to play. (AP Photo/The Arizona Republic, Rob Schumacher)

Los Angeles Lakers' Dwight Howard dunks against the Phoenix Suns during the first half on an NBA basketball game, Wednesday, Jan. 30, 2013, in Phoenix. (AP Photo/Matt York)

Los Angeles Lakers' Steve Nash, right, Kobe Bryant (24) and Pau Gasol, of Spain, talk during a timeout against the Phoenix Suns during the second half of an NBA basketball game, Wednesday, Jan. 30, 2013, in Phoenix. The Suns won 92-86. (AP Photo/Matt York)

Los Angeles Lakers forward Pau Gasol (16), of Spain, celebrates with center Dwight Howard as forward Metta World Peace, left, guard Steve Nash, second from left, and guard Kobe Bryant head down the court during the first half of an NBA basketball game against the Utah Jazz, Friday, Jan. 25, 2013, in Los Angeles. (AP Photo/Mark J. Terrill)

(AP) ? Dwight Howard is sidelined again with an ailing shoulder and disgruntled Pau Gasol is back in the Los Angeles Lakers' starting lineup, where he believes he should have been all along.

Howard was scratched from Friday night's game at Minnesota with a sore right shoulder, and he returned to Los Angeles to receive platelet-rich plasma treatments. This is the same injury that kept Howard out of three games in January.

The All-Star center planned to rejoin the team in Detroit on Sunday, but a timetable for his return was not immediately known.

"He'll play when there is no pain and that will be day-to-day, so we'll have to see," coach Mike D'Antoni said after the team's morning shootaround.

Howard's arrival from Orlando before the season was hailed as a return to championship contention for a Lakers team that was aging with Kobe Bryant and Gasol still the focal points. But Howard hasn't been his overpowering self for much the season. He was slowed early on while recovering from a back injury that happened last season and is now hampered by a shoulder injury that isn't going away anytime soon.

"It's always going to be there," D'Antoni said. "Even if we shut him down for two months, it's still going to be there. Once he gets hit, it's going to hurt. It's a pain thing."

He's still averaging 16.5 points, 11.9 rebounds and 2.4 blocks, but his level of intimidation and athleticism in the paint is not the same.

And the Lakers haven't been the same, either. They entered the game at 20-26, 10th in the Western Conference, and fresh off a loss to the lowly Suns.

The air of invincibility is not there, and Gasol's waning production is a big part of that. One of the most gifted post players of the last decade has been marginalized since D'Antoni replaced the fired Brown, a process that culminated with reduced to a reserve role for the first time in his career last month.

Usually measured and level-headed in his public remarks, Gasol has not hidden his disappointment with D'Antoni's decision.

"Mike's been trying to get his philosophy through us and try to get our team to do it," Gasol said Friday. "At the same time our personnel is a little different than probably what would fit best for that kind of system. It's a work in progress. We're all trying to get a feel for each other. We're all trying to figure things out. We're all trying to win. At the same time, it's been a struggle."

Gasol is averaging a career-low 12.8 points and is shooting a career-low 44.8 percent. He's been bothered by tendinitis in his knees, bursitis in his elbow and a concussion.

D'Antoni has been trying to diffuse the situation with his trademark tongue-in-cheek humor.

"I know he wants to start. I've just kind of got to coach the team the way I think is better," D'Antoni said. "It's not a personality conflict. It's not a dance contest. I like him. My dance card's open."

D'Antoni has been using Earl Clark as the starting power forward alongside Howard. He said he likes how the Lakers start with a smaller lineup.

"I still consider myself one of the best out there," Gasol said. "It's a game that you can't be too self-centered and selfish. You have to put team first and have to make it work somehow. That's what we're trying to do. We're trying to make it work and I try not to be a negative influence at all."

Timberwolves point guard Ricky Rubio defended his fellow Spaniard on Thursday, joking that if the Lakers don't want him, the Wolves would take him. D'Antoni fired back, saying when Rubio coaches a team he can make those decisions. And Bryant took it a step further when asked about some of the criticism Wolves All-Star Kevin Love has received this year.

"You can send him our way," he said.

Asked what he can do to keep Gasol from letting the disappointment affect his play, D'Antoni cracked: "Pay him $19 million. Y'all figure it out. That should help. I think it's fine. He wants to play. I've got it. And he's going to play. He's always going to be in there in the end of big games."

For one night at least, it shouldn't be an issue. Gasol is in the starting lineup and Bryant said it is imperative the Lakers figure out a way to get him back to being a featured part of the offense.

"We haven't used him to his full potential, everybody knows that," Bryant said. "That's something we're trying to figure out and something we'll have to do a much better job at if we want to reach our full potential as a team. We have to use him more."

___

Follow Jon Krawczynski on Twitter: http://twitter.com/APKrawczynski

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-02-01-BKN-Lakers-Howard/id-251b06f3ddb44227a88577e6f23a39c1

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US satellite lost in failed launch from Pacific

MOSCOW (AP) ? Sea Launch AG says a U.S. communications satellite was lost after a booster rocket carrying it into space failed shortly after its launch from a floating platform in the Pacific.

The company said in a statement Friday the Intelsat 27 satellite was lost 40 seconds after the launch due to the failure of the Zenit-3SL rocket. The Boeing. Co-built spacecraft was launched Thursday from the Odyssey ocean platform.

Sea Launch AG President Kjell Karlsen said the cause of the failure is unknown and the company is working to evaluate it.

An affiliate of Russia's RKK Energia state-controlled rocket manufacturer owns 95 percent of stock in Sea Launch, with the remainder being held indirectly by Boeing Co. and Norwegian Aker ASA. The Zenit booster is manufactured by Ukraine's Yuzhmash rocket plant.

Source: http://news.yahoo.com/us-satellite-lost-failed-launch-pacific-094434553--finance.html

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Why Capitalism?

1302_SBR_DOINGCAPITALISM_IL

Illustration by Mike Norton

Why Wall Street? What good does Beezlebubbian finance really provide? Wouldn?t America be better off if we could magically transport ourselves back to the ?50s?when Wall Street was sleepy, the middle class was robust, and children dreamed of rocket ships? What is the essence of this activity known as finance? These are issues shaping William Janeway?s memoir-cum-analysis, Doing Capitalism in the Innovation Economy: Markets, Speculation and the State. You can be forgiven if you missed this book. The title could send you into hibernation. Despite the fact that Janeway writes a more polished prose than one would expect of an economist-turned-investor, the book has been packaged by Cambridge University Press in a bland baby-blue cover featuring a clip-art cellphone, its glossy pages dense with text, warning: Everyone but academics stay away.

That?s a pity, because this is one of the most intelligent, sensible, and insightful books about Wall Street published since the financial implosion of 2008. It deserves a larger audience than it will get and serves as a refreshing relief to jeremiads from the left like Matt Taibbi?s Griftopia, and ones from the right, such as former Bain Capital partner Edward Conard?s Unintended Consequences. Taibbi, despite sharing Janeway?s progressive leanings, often seems to believe finance is essentially criminal, while Janeway views it as a necessary?if flawed?component of any modern economy. Meanwhile, Conard and Janeway share common experiences as private investors but differ in their politics. Conard speaks to the great unwashed from a fortress of assumed technical omniscience, arguing the case for a brutally divided society of givers and takers in which a tiny number of the former take risks and fuel growth that allows everyone else to bathe in self-indulgence. Conard provides the grim underpinning for Mitt Romney?s 47 percent, while insisting that actions that allow greater risk-taking?including the activities of banks involved in the meltdown of 2008?were actually good, not bad; necessary steps to drive growth, productivity, and innovation, not a moral and financial disaster.

Janeway is the son of Eliot Janeway, an economic commentator and adviser to Roosevelt and Johnson, and the novelist Elizabeth Janeway; his liberal political tendencies thus come naturally, supplemented by a long study of Keynesian economics, including close contact with one of Keynes? greatest disciples, Hyman Minsky. In fact, he has long pursued two careers, which effectively inform each other: as an economist at Cambridge University (home of Keynes) delving into the financial breakdown of 1929-31; and as a Wall Street practitioner who learned at the well-shod feet of Ferdinand Eberstadt, venture capitalist Fred Adler, and John Vogelstein, one of the founders of Warburg Pincus, Janeway?s longtime firm.

Janeway?s case studies, based on his own experiences both in the insular club of private partnerships that was 1960s Wall Street, and as an early venture investor in emerging biotech and computing concerns, are often fascinating and insightful, if arcane for those who don?t recall the history. But he continually tries to extract broader conclusions from these cases, focusing on the essential role government played in incubating those industries. Janeway lays out what he calls the ?Three-Player Game? necessary to fuel innovation: the state, financial capitalism, and the market economy (that is, ?institutions that enable the production and exchange of goods and services?). This is a three-legged stool; weaken any leg, say by deregulation or by overregulation, and you spawn instabilities and stagnation. He envisions a kind of creative tension that has broken down with the free-market ascendancy. ?That very success in ?liberating? the market economy from the encroachment of the state has potentially dire consequences for the Innovation Economy,? he writes.

Janeway?s real target here is in the ?innovation economy,? the nurturing of new, transformational technologies. Without mentioning them, he seems to be acknowledging fears from the likes of Peter Thiel and Tyler Cowen that we?ve entered a period of technological stagnation. He believes government must step in to support R&D where private investors fear to tread?where risk is too high, costs too steep, or investment periods too long.

But Janeway also recognizes that speculation is intertwined in any innovative activity. Without speculation, markets would not participate in supporting anything risky?from early biotech to desktop computing to renewable energy. Capitalists (certainly Wall Street) always try to escape what historian Fernand Braudel calls ?the world of transparence and regularity,? and seek windfalls, what Braudel calls ?super-profits.? Regulatory arbitrage?the drive to do business where oversight is lightest?is built into the business model of Wall Street. So is greed. So is speculation.

This speculative enterprise always has an element of a lottery. Not only is greed eternal, but markets have often been casinos; take risk away and reward goes with it?nowhere more so than in venture capital. Given those realities, and their material benefits, markets require strong government oversight. What defines markets is the kind of uncertainty that Keynes propounded, but that many of Keynes? postwar disciples effectively undercut when they mathematized his doctrines, only to be further buried by free-market economists who built mechanical models that afforded markets an omniscient wisdom, efficiency, and rationality. Janeway rejects those attempts to make markets their own justification, noting that their failure to predict the two great bubbles of the new millennium has made them increasingly suspect as useful tools.

This brings us to the nature and importance of bubbles, which are popularly viewed as reckless episodes of lunacy and corruption. Janeway, who has studied bubbles since his research into 1929, is more sanguine. Bubbles, he writes are ?boringly repetitive??he titles one chapter ?The banality of bubbles??but speculative excess ?has played a historic role as the engine of transformation, driving growth and economic productivity and living standards for 250 years of the modern era.?

Author William Janeway. Author William Janeway.

Photo By Rogier van Bakel/Eager Eye Photography.

Here Janeway and Conard share something. In fact, what Janeway calls ?the necessity of bubbles? isn?t an unknown argument, just an unpopular one: Michael Mandel wrote Rational Exuberance in 2004 and Daniel Gross published Pop! Why Bubbles are Great for the Economy just as the credit bubble was giving way in 2007. Janeway understands the differences between a less damaging stock-market bubble, such as the dot-com bubble, and one involving banks, as in 2008. He recognizes how some bubbles leave the world better off, with innovations scattered across the landscape for our use, while other bubbles leave behind wastelands.

Janeway is seeking a balance between paradoxical forces. He views capitalism, for better or worse, as a massive set of necessary experiments that churn out considerable waste. Because the future is unknown?he quotes Thomas Hobbes on ?the future being but a fiction of the mind??there is no rational equilibrium discernable in markets, and investors make decisions with less-than-perfect knowledge. In other words, they?re wrong a sizeable portion of the time, but they?re not irrational. To maximize the odds of bringing new innovations steadily to the market, a lot of bets have to be laid. Many of them will go awry, sometime in big ways. But that?s the price to be paid for material progress.

In Janeway?s view, governments have a responsibility to insure that innovative capitalism thrives. They must actively regulate markets that need policing and that are prone to breakdown; they must support long-term R&D; they must serve as lenders of last resort; they must intervene when things blow up, particularly when demand flags. (Janeway, near the end of the book, offers a chapter on the absurdity of austerity in a financial crisis that could come from Paul Krugman.) So much of this is commonsensical, though he does leave some issues hanging, particularly on how to retain that three-party balance. He does not deal at any depth with regulatory and political capture, often by interests that have been empowered by markets. He does not deal with inequality or the effects of a financial capitalism that has become so large, complex, speculative and global.

But that?s simply to say Janeway can?t solve all our problems. What he does very well ? besides provide head-clearing historical perspectives ? is lead us to back to fundamentals. Why capitalism? Why markets? Why this den of predation and speculation called Wall Street? He is a reasonable man who offers a rational view. Both are rare these days, and valuable.

Source: http://feeds.slate.com/click.phdo?i=8d29c8e15e36cbd8c5b9327c605f6268

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