Yale doctors: ‘Bystander effect’ in medicine hinders patient care

By Chelsea Conaboy, Globe Staff

The patient in intensive care had kidney, liver, and lung failure, plus a rash. Nine specialty groups were called in to consult. During 11 days on the unit, at least 40 doctors were part of the mans care. But none pinned down a diagnosis.

In a perspective piece in the New England Journal of Medicine this week, two Yale doctors involved in the mans care cited the case as an example of the bystander effect in medicine. Just as strangers who witness a crime may do nothing, willing to dismiss the incident as someone elses problem, doctors without ownership in a patients care may not act, write Drs. Robert Stavert and Jason Lott, residents in dermatology at Yale School of Medicine. They write:

The case wasnt unique, they said in an interview. They had seen such an effect before, they said, and friends and colleagues they spoke with said they had experienced similar things at other institutions. Increased specialization among doctors plus new rules limiting how many hours residents can work have led to a greater number of doctors being involved in a single patients care, they said, but there has not been of a response to ensure that doctors know each other and have the skills to work as a team.

Getting everyone together can be challenging if theres not systems in place that can make that happen, Stavert said.

Some medical schools have begun investing time in team-building and communications. Brown Universitys Alpert Medical School last year introduced a transitional program for students between their second and third years, before they begin working on hospital wards.

The students spend time getting to know the culture of certain specialties, including surgery and pediatrics, and go through training on how to communicate with specialists about patient needs and to ensure proper follow-up.

Dr. Paul George, a family physician and a course leader for the clerkship, said its a start, but more such training is needed. He echoed a theme the Yale physicians wrote about: The growth of accountable care organizations, in which doctors are rewarded for collaborating with each other to keep their patients healthy, could help.

Im now getting more notes from specialists than ever before, George said.

Hospital programs aimed at helping doctors get to know one another, such as interdisciplinary grand rounds, also could improve communication, the authors said.

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Yale doctors: ‘Bystander effect’ in medicine hinders patient care

How Allergies Develop – One Minute Medical School – Video


How Allergies Develop - One Minute Medical School
Learn the two steps in allergy formation including the role of antigen-presenting cells, T-cells, B-cells, and mast cells. Vocabulary below the fold. Antigen - a protein capable of triggering an immune response (synonyms: allergen, immunogen) Interleukin - a signalling protein secreted in the body which carries a message from one cell to another chemically. The immune system is highly dependent on 17 known types of interleukins, most created and secreted by T-cells.

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IDA approves PILOT at Horton campus for medical school site

No taxes till 2015

Lawyers for Tony Danza's development group are reviewing the payment-in-lieu-of-taxes agreement approved by the City of Middletown. Danza talks at a conference in 2009 about plans for a medical school at the Horton site.TOM BUSHEY/Times Herald-Record

Published: 2:00 AM - 01/04/13 Last updated: 7:53 AM - 01/04/13

MIDDLETOWN Middletown's Industrial Development Agency has approved a payment-in-lieu-of-taxes agreement for the planned medical college at the former Horton Hospital complex.

The owners would pay no property taxes in 2014. In 2015, they would pay $59,379. The payment would go up by about $60,000 a year, to $831,300 in 2028; after that, it would be taxed at its full assessed value.

Lawyers for the city and for the Danza Leser Group, which owns the property, are reviewing the PILOT agreement now, Mayor Joe DeStefano said. The Danza Group plans to convert the property, which was a hospital from 1929 until it closed in 2011, into an osteopathic medical school that would be run by Touro College and would, when it is done, bring hundreds of medical students to Middletown who would train at area hospitals. There would be other, associated uses there too an assisted living facility, medical offices and dormitory housing for students and faculty. The PILOT only applies to the proposed use, DeStefano said if the college isn't built or the property is used for something else, the PILOT wouldn't apply, and if the property were to be sub-divided, the PILOT would only apply to these medical/educational uses.

The money would be divided between the city, school district, Orange County and the Middletown Thrall Library.

The hospital was tax-exempt, DeStefano said, so this would be the first time the property has paid taxes in many decades. DeStefano said he is more focused on the benefits of the project it is expected to generate hundreds of jobs and will, its backers hope, draw more doctors to an area that doesn't have enough of them.

"It'll change the character of the community, I believe, and health-care delivery for the whole region," he said. "There are so many benefits to it. ... The money was the least of our concerns."

nbrown@th-record.com

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IDA approves PILOT at Horton campus for medical school site

Mass. Eye and Ear/Harvard Medical School Ophthalmologist Receives Research to Prevent Blindness Senior Scientific …

Newswise Boston (Jan. 4, 2013) Reza Dana, M.D., M.P.H., M.Sc. of Mass. Eye and Ear/Harvard Medical School, was awarded the Research to Prevent Blindness (RPB) Senior Scientific Investigator Award in the amount of $150,000 to support research into the causes, treatment and prevention of blinding diseases.

The RPB Senior Scientific Investigator Award supports nationally recognized scientists conducting eye research at medical institutions in the United States. Since the award was established in 1987, Dr. Dana is one of 184 scientists at 59 institutions to receive this highly sought-after, flexible research grant.

"I am delighted to have received this support from RPB, which will aid us tremendously in our investigations of ocular surface inflammation in eyes deemed at high risk of corneal transplant rejection, said Dr. Dana. With this support, we will be able to examine further how modulating inflammation and angiogenesis can promote transplant survival."

According to Joan W. Miller, M.D., FARVO, Chief and Chair of Ophthalmology at Massachusetts Eye and Ear, Massachusetts General Hospital and Harvard Medical School (HMS), Dr. Dana leads one of the largest and most advanced corneal and ocular inflammation programs in the world, and his investigations have greatly clarified the cellular and molecular mechanisms of ocular surface biology. This award is a reflection of his extensive expertise and substantial achievements thus far and an investment in future advancements in the field of corneal immunology. We are very grateful to RPB for their continuing support of our departments research endeavors and this very significant award.

In addition to his position as Director of the Cornea and Refractive Surgery Service at Mass. Eye and Ear, Dr. Dana is the HMS Department of Ophthalmology Vice Chair for Academic Programs, the Claes H. Dohlman Professor of Ophthalmology at Harvard Medical School, Director of the HMS Cornea Center of Excellence, and the W. Clement Stone Scholar and Senior Scientist at the Schepens Eye Research Institute/Mass. Eye and Ear.

About Mass. Eye and Ear Founded in 1824, Massachusetts Eye and Ear Infirmary is an independent specialty hospital providing patient care for disorders of the eye, ear, nose, throat, head and neck. Mass. Eye and Ear is an international leader in Ophthalmology and Otolaryngology research and a teaching partner of Harvard Medical School. Under the direction of Mass. Eye and Ears board of directors, the Massachusetts Eye and Ear Infirmary and Schepens Eye Research Institute recently formed the worlds largest and most robust private basic and clinical ophthalmology research enterprise. For more information, call 617-523-7900 or visit http://www.masseyeandear.org.

About RPB RPB is the worlds leading voluntary organization supporting eye research. Since it was founded in 1960, RPB has channeled hundreds of millions of dollars to medical institutions for research into the causes, treatment and prevention of binding eye diseases. For information on RPB, RPB-funded research, eye disorders and the RPB Grants Program, go to http://www.rpbusa.org.

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Mass. Eye and Ear/Harvard Medical School Ophthalmologist Receives Research to Prevent Blindness Senior Scientific ...

CMU's medical school gets residency accreditation

Readmore: Local, Health, Business, News, Education, Central Michigan, Central Michigan University, Central Michigan Medical School, Central Michigan Med School, CMU Med School, Med School Residency Accreditation, Medical School, College of Medicine, Central Michigan College of Medicine

MOUNT PLEASANT (AP) -- Central Michigan University says it has received additional accreditation as it prepares to open its medical school in summer 2013.

The university says the Accreditation Council for Graduate Medical Education has granted five-year institutional accreditation to the new medical school's residency programs associated with Covenant HealthCare and St. Mary's of Michigan.

Residency is the clinical portion in a medical specialty following graduation from medical school and prepares physicians for the independent practice of medicine.

The College of Medicinesays it got 2,765 applications for its inaugural class by the Dec. 15 deadline. Sixty students will be accepted for the first class.

Last February, Central Michigan announced that it had received preliminary accreditation from the Liaison Committee on Medical Education to open the school.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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CMU's medical school gets residency accreditation

No. 2 executive at UM medical school stepping down

Amid roiling faculty anger over drastic budget cuts, the University of Miami announced that the No. 2 executive at the Miller School of Medicine, Jack Lord, is stepping down.

The change, announced by Dean Pascal Goldschmidt, comes as a petition circulates among tenured medical school faculty expressing no confidence in both Goldschmidt and Lord.

In a statement Thursday, Goldschmidt defended his administrations performance: Last year we had many challenging issues to fix, as do many medical schools in the U.S. Thanks to Jack Lords leadership and hard work by everyone at the Miller School, we have met those challenges and turned things around financially.The announcement comes after a tumultuous year in which the medical school suffered a severe financial crisis and its leaders responded with a major overhaul that included the layoffs last spring of over 900 full-time and part-time employees moves that angered many professors.

In a letter to faculty sent on Wednesday, Goldschmidt insisted the problems have been fixed.Goldschmidt credited Lord for helping improve the medical schools finances, which showed a surplus of about $9 million for the first six months of this fiscal year compared to a $24 million loss for the first six months of the previous fiscal year.

Lord, a physician who had been an executive at Humana, became chief operating officer last March, as the restructuring plans started. He will be temporarily replaced by Joe Natoli, UMs chief financial officer. The shakeup continued on Thursday when the medical school also announced that Sheri Keitz, the chief human resources officer during the layoff decisions, was being assigned to other duties.

Many faculty members, who had spent decades at the medical school without seeing mass layoffs, were angry that the cuts were made without consulting them. A report by a faculty senate committee said medical school professors described the layoffs as unprofessional, graceless and heartless.

The report contended that the internal turmoil had prompted some faculty members to consider leaving and that fear is widespread. It also cited instances of employees suffering retribution for criticizing the administration.

UM did not respond to a request for comment about the report on Thursday. Last May, President Donna Shalala, a veteran administrator at several universities, said tradition-bound faculty often complained when tough changes needed to be made.

Associate Professor Sam Terilli, head of the committee that wrote the interim report in late August, said last week that a follow-up report is being prepared, but said it was too soon to offer details of what it would say.

Meanwhile, several sources sent The Herald a copy of a petition being circulated among school faculty members who wish to express, in the strongest possible terms, the concern we feel for the future for our school of medicine. The petition blamed the failed leadership of Pascal Goldschmidt and Jack Lord. ... We want to make clear that the faculty has lost confidence in the ability of these men to lead the school.

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No. 2 executive at UM medical school stepping down

Last Voice For Liberty Network 1-4-13 – Video


Last Voice For Liberty Network 1-4-13
Fiscal cliff avoided? Or a band-aid on a bullet hole? Audio Copyright 2012 AlbinoRaccoon420 We do not own any music used in this program All images,sound clips, and music are used for educational purposes only FAIR USE NOTICE: This material is made available for the purpose of advancing understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues. This constitutes a #39;fair use #39; of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, this material is distributed without profit to those who are interested in studying such information for research and educational purposes.

By: LastVoiceForLiberty

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Last Voice For Liberty Network 1-4-13 - Video

Liberty Media Corporation Announces FCC Approval of Application for De Jure Control of SiriusXM

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Media Corporation (Nasdaq: LMCA, LMCB) (Liberty) today announced that it has received approval from the Federal Communications Commission for the transfer of de jure control of SiriusXM to Liberty. Liberty expects to complete the transfer of control of SiriusXM within 60 days.

About Liberty Media Corporation

Liberty Media (Nasdaq: LMCA, LMCB) owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Starz, LLC, SiriusXM, Live Nation Entertainment and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom.

Forward-Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our intention to acquire control of SiriusXM, and other matters that are not historical facts. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including our ability to acquire control of SiriusXM. These forward-looking statements speak only as of the date of this press release, and Liberty Media expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Media's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Media, including the most recent Forms 10-Q and 10-K, for additional information about Liberty Media and about the risks and uncertainties related to Liberty Media's business which may affect the statements made in this press release.

Excerpt from:

Liberty Media Corporation Announces FCC Approval of Application for De Jure Control of SiriusXM

Liberty Media gets nod from FCC to take control of Sirius XM

(Reuters) - The U.S. Federal Communications Commission gave Liberty Media Corp the green light to take control of satellite radio company, Sirius XM Radio Inc, Liberty said on Thursday.

The company said it expects to complete the transfer of control within 60 days.

Liberty, which is Sirius' largest shareholder, filed with the FCC in August requesting control.

The company has effectively been acting as Sirius' owner over the past several months, choosing new interim Chief Executive Jim Meyer and initiating a stock buy back program and special dividend.

Liberty wanted control of Sirius because it believed Mel Karmazin, who left as CEO of Sirius in December, did not adapt quickly enough to changing technologies.

Currently Liberty holds a 49.8 percent stake in Sirius.

Liberty acquired its initial share in Sirius in 2009 as part of deal in which it loaned the satellite radio service $530 million.

While it has been increasing its ownership of Sirius, the bulk of its stake is in the preferred shares it acquired in the 2009 transaction.

Liberty plans to convert the preferred shares into common stock, but was waiting for FCC approval before making the move that would push its ownership above 50 percent.

(Reporting By Jennifer Saba in New York; editing by Carol Bishopric)

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Liberty Media gets nod from FCC to take control of Sirius XM

Liberty Global to Present at the 2013 Citi Global Internet, Media and Telecommunications Conference

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Global, Inc. (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) will be presenting at the 2013 Citi Global Internet, Media and Telecommunications Conference on Wednesday, January 9, 2013 at 11:15 a.m. PST at the Bellagio Hotel in Las Vegas, Nevada. Liberty Global may make observations concerning its historical operating performance and outlook. The presentation will be webcast live at http://www.lgi.com. We intend to archive the webcast under the investor relations section of our website for approximately 30 days.

About Liberty Global

Liberty Global is the leading international cable company, with operations in 13 countries. We connect people to the digital world and enable them to discover and experience its endless possibilities. Our market-leading television, broadband internet, and telephony services are provided through next-generation networks and innovative technology platforms that connect 20 million customers who subscribe to 34 million services as of September 30, 2012.

Liberty Globals consumer brands include UPC, Unitymedia, Kabel BW, Telenet and VTR. Our operations also include Chellomedia, our content division, UPC Business, a commercial services division and Liberty Global Ventures, our investment fund. For more information, please visit http://www.lgi.com.

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Liberty Global to Present at the 2013 Citi Global Internet, Media and Telecommunications Conference

Liberty County officials discover small pot farm

Authorities discovered what appeared to be a marijuana-growing operation in a heavily-wooded area in Liberty County on Saturday morning.

Around 11:30 a.m., the Liberty County Sheriff's Office received a call from a man who told them he and several other people walking a property near County Road 2134 and FM 787 came across what looked like a marijuana-growing operation.

Deputies responded to the area and found the chains on the gates near the property cut. After walking farther into the woods, deputies found about 100 bulbs of marijuana in a plastic container, digging and clearing implements for planting crops, fertilizer, water and rapid-grow chemicals, authorities said.

Clothes, shoes and camping supplies were also found in the immediate area. Three small areas of ground had been cleared of timber and brush, in preparation for planting, and some of the plants had also begun to sprout, authorities said.

No suspects are known at this time.

Anyone with information about this or any other crime in Liberty County is urged to contact the Liberty County Sheriff's Office at 936-336-4500.

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Liberty County officials discover small pot farm

Liberty Safe and Security Products, Inc. Promotes Kim Waddoups To Chief Executive Officer

PAYSON, Utah, Jan. 3, 2013 /PRNewswire/ --Liberty Safe and Security Products, Inc. ("Liberty" or the "Company") today announced that Kim Waddoups has been promoted to Chief Executive Officer (CEO), effective immediately. He succeeds Jeff Talley, who has stepped down from his role with the Company to take a sabbatical as planned.

Mr. Waddoups has approximately 10 years of experience at Liberty. Previously, Mr. Waddoups served as President, where he led the Company's sales and marketing initiatives. He joined Liberty in 2003 as Chief Financial Officer (CFO) and was promoted in 2012 to President. From 1989 to 2003, Mr. Waddoups held various senior-level positions at Easton Technical Products, a sports equipment manufacturer and division of Jas D. Easton, Inc.

"We are proud to promote Kim as our new CEO," said Alan Offenberg, CEO of Compass Diversified Holdings and Chairman of Liberty. "Since joining our Company approximately 10 years ago, Kim has played a key role increasing sales and profitability while strengthening Liberty's brand recognition. His deep knowledge of our Company and successful track record provide an ideal fit and will help to ensure a seamless transition. We are confident Kim's extensive experience and proven dedication, combined with his strategic vision, will lead Liberty to continued success."

Mr. Offenberg added, "Jeff has served approximately 17 years at Liberty, including 11 years as CEO. During this time, Liberty has evolved into a market leader for premium home and gun safes, achieving significant financial growth and establishing a solid foundation for the future. We thank Jeff for his tireless efforts and valuable contributions, and support his desire to take a well-earned sabbatical."

"I am excited to assume the leadership role at Liberty," said Mr. Waddoups. "The Company has built a premier reputation for providing customers with high-quality safes that are manufactured in the U.S. and is well positioned for further growth. With the investments we have made in strengthening our operational platform and expanding our product offerings, we expect to maintain Liberty's positive momentum in the market. I look forward to working closely with our talented staff and driving future performance."

In addition to his new responsibilities as CEO, Mr. Waddoups will join the Company's Board of Directors along with Steve Allred, Senior Vice President and Chief Operations Officer at Liberty.

The Company also announced it has promoted Greg Clements to CFO. Mr. Clements joined Liberty in 2001 and previously served as the Company's Controller. In his new capacity, he will be responsible for managing Liberty's operational and financial reporting initiatives, developing and maintaining budgets, and more. He will report to Mr. Waddoups.

"Greg's appointment to CFO is well deserved based on his numerous accomplishments in the past 12 years and demonstrates our ongoing commitment to promote internally," said Mr. Offenberg. "Our dedicated and experienced team of professionals serves as a core differentiator and we look forward to benefitting from Greg's expanded focus over the long term."

About Liberty Safe and Security Products, Inc.

Based in Payson, Utah and founded in 1988, Liberty is the premier designer, manufacturer and marketer of home and gun safes in North America. From its over 200,000 square foot manufacturing facility, the Company produces a wide range of home and gun safe models in a broad assortment of sizes, features and styles. Products are marketed under the Liberty brand, as well as a portfolio of licensed and private label brands, including Remington, Cabela's and John Deere. The Company's products are the market share leader and are sold in various sporting goods, farm and fleet, and home improvement retailers. Liberty also has the largest independent dealer network in the industry. For more information, please visit the Company's website at http://www.libertysafe.com.

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Liberty Safe and Security Products, Inc. Promotes Kim Waddoups To Chief Executive Officer

Tax Season May Run Behind Schedule, Warns Liberty Tax Service

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--

Liberty Tax Service, a subsidiary of JTH Holding, Inc. (TAX), alerted consumers today of possible delays in the filing of tax returns due in part to the late Congressional approval of the American Taxpayer Relief Act of 2012. Many of the changes to tax law affect the forms to be used for 2012 tax returns, and the IRS will need to work at an unprecedented pace in order to get the needed tax forms released to the various tax preparation firms and software companies, as well as to taxpayers.

The IRS had previously announced that it would not begin to officially process any tax returns until January 22, which is approximately one week later than has historically been the case. This late start, even if the IRS holds to the January 22 date despite the late-breaking tax changes, could mean delays of federal refunds anywhere from 10-21 days, when compared to prior years. In some cases, the delays for paper tax return filings may exceed those for electronically-filed returns. Refunds will be delayed until at least February for almost everyone. That is the latest ever since the advent of 'national' electronic filing, states Liberty Tax CEO, John Hewitt.

In addition, approximately 30 states are affected because their tax forms and instructions could not be finalized until the federal issues were resolved. Some states may not release their tax forms until the end of January (including California, Delaware, Mississippi and Vermont), while many other states are expected to release their forms no sooner than the second or third week of January (including Illinois, Maryland, Michigan, Ohio and Virginia).

This has been an epic beginning to tax season 2013, continues Hewitt. Im starting my 44th tax season looking at the possibility of the worst delays in filing I have ever seen. Fortunately, we have the most experienced management team of any tax preparation company and are ready to navigate these rough waters.

Now more than ever, taxpayers will want to obtain the maximum amount of tax credits and deductions to which they are entitled. At Liberty Tax, a certified tax preparer can help taxpayers make the most of their tax return, and understand the effect of the recent changes. Notwithstanding the likely delays in electronic filing, Liberty Tax's preparers are already ready to help taxpayers be prepared to file as soon as the IRS and states permit filing.

The bill extends tax credits for families with children; extends unemployment insurance; extends the tuition tax credit for families; and extends other tax benefits that were scheduled to expire.

About JTH Holding, Inc.

Founded in 1997 by CEO John T. Hewitt, JTH Holding, Inc. (TAX) is the parent company of Liberty Tax Service. As the fastest-growing tax preparation franchise ever, Liberty Tax Service has prepared over 10 million individual income tax returns. Liberty also offers an online tax service, eSmart Tax, which enables customers to do their own taxes wherever theres a computer. eSmart Tax is backed by the tax professionals at Liberty Tax Service and its nationwide network of over 30,000 tax preparers, ready to offer their assistance at any time. For a more in-depth look at Liberty Tax Service, visit http://www.libertytax.com.

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Tax Season May Run Behind Schedule, Warns Liberty Tax Service

Media for Liberty Award Extends Deadline

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Media Corporation (Nasdaq: LMCA, LMCB) has extended the deadline for entries for the 4th annual Media for Liberty Award to January 16, 2013. All eligible works must be received by Liberty Media no later than January 16, 2013. There is a $50,000 prize for the winning entry.

The Media for Liberty Award recognizes media contributions that explore the link between economic and political liberty. Works must be originally published or broadcast via print or electronic media during the 2012 calendar year.

The Award is open to journalists worldwide whose original works bring new insights on societal issues, news events, economies, political structures and cultures that illustrate prosperity or struggle in pursuit of a free market environment and civil liberties uninfluenced by government agenda.

Submitted works will be reviewed by a jury panel and evaluated based on the degree to which the theme is addressed, inspirational and educational value, relevance to the public discourse, and mastery of media format.

Past honorees include 60 Minutes, The Atlantic, and MediaStorm.

Eligibility Requirements

Eligible media outlets, including newspapers, magazines, journals, radio, television and websites, must be generally recognized in their markets and accessible to a broad audience in the United States.

The winner will be notified in February 2013. An awards ceremony will be held in the Spring of 2013 in Washington, D.C.

Entry forms, Official Contest Rules and judging criteria can be found at Liberty Media's web site, http://www.mediaforlibertyaward.com or on Facebook. Entries should be sent to:

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Media for Liberty Award Extends Deadline

Liberty Media to Grab SIRIUS XM

Yesterday, Liberty Media Corp. (LMCA) received a shot in its arm as the Federal Communications Commission (:FCC) has approved the transfer of control of broadcast licenses of SIRIUS XM Radio Inc. (SIRI). Theoretically, it means that Liberty Media can now control more than 50% of SIRIUS XM. At present, Liberty Media controls 49.9% stake of SIRIUS XM and was waiting for the FCC nod to have a decisive controlling power.

SIRIUS XM is the largest satellite radio broadcaster in the U.S. with around 23.4 subscribers in its kitty. After Comcast Corp. (CMCSA), the company is the second largest entertainment service provider in the U.S. with respect to subscribers count. Liberty Media is expecting to assume decisive control of SIRIUS XM within 60 days of gaining FCC approval.

In 2009, SIRIUS XM was facing severe financial crunch, during the time of great recession. Significant downturn of the auto industry jeopardized SIRIUS XMs revenue as the company is mostly dependent on the auto sector (automobiles with inbuilt commercial radio network) for its survival. At that juncture, Liberty Media provided $535 million in loan to SIRIUS XM to avoid bankruptcy. That loan was in lieu of a 40% stake of SIRIUS XM given to Liberty Media through preferred shares.

During the last couple of years, SIRIUS XM has successfully turned around its businesses. We believe the turnaround of SIRIUS XM makes Liberty Media interested to get full control of the former. In May 2012, FCC dismissed an application by Liberty Media to de facto control SIRIUS XM. Following which, Liberty Media filed a new application to the FCC, in which the company stated its intention to acquire more than 50% of SIRIUS XM, so that it can take full control of the Board of SIRIUS XM.

SIRIUS XM maintains its strong performanceprimarily due to impressive management execution on the back of rising auto industry sales. Management has raised the financial outlook for the fourth quarter of 2012 and expects the growth momentum of the company to expand further. Despite price rise of its services, SIRIUS XM maintains its churn rate. Solid conversion rate and an effective marketing strategy helped the company tostrengthen its financials. We believe the company will generate huge financial synergies to Liberty Media over the long haul.

We reaffirm our long-term Neutral recommendation and short-term Zacks #3 Rank (Hold) on both Liberty Media and SIRIUS XM.

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Liberty Media to Grab SIRIUS XM

Simplistic Libertarianism – Video


Simplistic Libertarianism
Simplistic Libertarianism. Are you a libertarian? An anti-statist? Then watch this video and decide what type you are. Donate or I use force against; "The Cat!" Donate: http://www.paypal.com Relevant Links: Governor Christie (State of NJ) vs. Secaucus http://www.businessweek.com blog.northjersey.com Governor Corzine (State of NJ) vs. Video Secaucus articles.philly.com Follow TheTruePooka elsewhere on the Internet! http://www.youtube.com http://www.facebook.com twitter.com Transcript of this video is provided at; thetruepooka.wordpress.com

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Simplistic Libertarianism - Video

Addressing the Lack of Female Libertarians – Video


Addressing the Lack of Female Libertarians
Why are there so few female libertarians? It has nothing to do with our philosophy. It is because libertarianism is not yet mainstream and part of popular culture. Women are more likely to care about being socially accepted and fitting in with their peers. There is more societal pressure for them to fit in and be "normal" by popular culture standards. They are less likely to have political views that are considered outside the mainstream. There is more societal pressure on women to fit in and conform to what is considered "normal" by popular culture standards. This does not apply to every woman (obviously.) All women are individuals. My Facebook page: http://www.facebook.com My Twitter page: http://www.twitter.com My response to criticism on this video: julieborowski.wordpress.com My blog post. Why are there so few libertarian women? julieborowski.wordpress.com **Not all women, of course, are the same.** My views only. The views in this video do not represent the views of any organization.

By: TokenLibertarianGirl

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Addressing the Lack of Female Libertarians - Video