Daily Archives: May 25, 2012

IMF Warning on Oil Prices Shows Urgent Need for Alternative Fuel Sources, Fuel Freedom Foundation Says

Posted: May 25, 2012 at 5:16 pm

IRVINE, Calif.--(BUSINESS WIRE)--

The Fuel Freedom Foundation says that a new warning from the International Monetary Fund underscores the urgency of opening markets to competition from alternative fuels such as natural gas, ethanol, methanol and electricity. The IMF Working Paper, entitled The Future of Oil: Geology versus Technology, predicts that oil prices could permanently double in the next decade.

The IMF report warns that a doubling in oil prices will send the global economy into uncharted territory, which would spell disaster, said Joseph A. Cannon, President of the Fuel Freedom Foundation. Fortunately, disaster can be averted if we open our markets to competition from cheaper, cleaner, American-made alternative fuels to gasoline. This is the only way to bring down oil prices significantly and structurally, and ensure future economic growth.

The paper combines two opposing positions in the debate to arrive at a more accurate model for predicting oil prices. On the one hand, the peak oil argument holds that the consumption of finite resources will push prices ever higher. On the other, the technological argument says that higher prices will spur new methods for extracting oil, as well as substitutions for petroleum products. These advances, in turn, will lead to greater output and eventually lower prices.

The authorswho emphasized that their findings do not necessarily reflect IMF policyfound the peak oil argument too pessimistic. However, they concluded that geological constraints on production, plus demand shocks such as rapid growth in China and India, best explain the trend in oil prices. At the same time, the researchers found limits to the impact of technological advances in the long run. The result is a near doubling in oil prices, and a pain barrier beyond which there is lasting damage to economic growth.

About The Fuel Freedom Foundation

The Fuel Freedom Foundation is a nonpartisan, nonprofit organization based in Irvine, California, which is dedicated to breaking the U.S. economys oil addiction by removing barriers to competition to promote the development of cheaper, cleaner, American-made fuels. Fuel Freedom means that gasoline, diesel, methanol, natural gas, ethanol and electricity compete on equal footing both at the dealership and at the pump. Achieving Fuel Freedom will lower fuel prices, create jobs, spur economic growth, reduce pollution, and improve national and global security. For more information go to the Foundations website at: http://www.fuelfreedom.org.

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Want Freedom from Vendor Lock-in? Survey Says: Choose Open Source

Posted: at 5:16 pm

It's no secret that open source software is playing an increasingly prominent role in businesses around the globe, but a recent survey has uncovered a few surprising findings about adopters' motivations for choosing it.

Specifically, freedom from vendor lock-in is now users' top reason for choosing open source software, according to the 451 Group.

While we had seen vendor lock-in fade as a factor and cost as paramount two or three years ago, today vendor lock-in has become much more of a factor for customers, explains 451 Group analyst Jay Lyman in a Tuesday blog post announcing the results.

We believe this has to do with cloud computing and customers desire to maintain flexibility as they figure out how to best leverage cloud resources, Lyman added.

451 Group participated on the Future of Open Source Survey 2012 with North Bridge Venture Partners and Black Duck Software, garnering 740 responses from a variety of vendors and non-vendors in the industry.

Among the key results of that study was the finding that more than 50 percent of software acquired in the next five years will be open source software. Last year, in fact, was already a record year for open source investment, which increased by 49 percent to $675 million, the study found.

Survey respondents also said that open source is leading rather than following the pack when it comes to the cloud, big data, mobile apps, and enterprise mobility, in particular.

Perhaps most interesting of all, though, is that, when asked what are the top factors that make open source software attractive, a full 60 percent of respondents identified freedom from vendor lock-in as the top motivating factor.

Lower acquisition and maintenance costs (51 percent), better quality (43 percent), and access to source code (42 percent) were also among the top motivators mentioned.

The survey also showed that cost, which we also equate to time and efficiency, is always a strong factor, with 62 percent of respondents identifying reduced cost of development and maintenance as the main reason they use open source or initiate projects, Lyman added.

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FREEDOM Study Data: Patients Experience Sustained Quality of Life Benefits with More Frequent Home Hemodialysis with …

Posted: at 5:16 pm

LAWRENCE, Mass., May 24, 2012 /PRNewswire/ --NxStage Medical, Inc. (NXTM), a leading manufacturer of innovative dialysis products, today announced the latest interim findings from its FREEDOM (Following Rehabilitation, Economics and Everyday-Dialysis Outcome Measurements) Study, which found daily home hemodialysis treatments with the NxStage System One are associated with long-term improvements in various physical and mental quality of life measures. These interim FREEDOM Study results, "At-Home Short Daily Hemodialysis Improves the Long-Term Health-Related Quality of Life," were published online on Kidney International's website in advance of its release in print.

(Logo: http://photos.prnewswire.com/prnh/20110503/MM94799LOGO )

NxStage's FREEDOM Study is the largest prospective study of frequent home hemodialysis to date. The FREEDOM Study reported improvements in several quality of life measures in end stage renal disease (ESRD) patients at 12 months of follow-up, including:

"Today's data shows more frequent home hemodialysis unlocks a variety of clinical and quality of life benefits for ESRD patients that remain over an extended period of time," said Frederic Finkelstein, MD, Chief of Nephrology at the Hospital of St. Raphael in New Haven, Conn. and Clinical Professor of Medicine at Yale University Medical School, as well as the study's primary author. "ESRD patients struggle on a daily basis with maintaining their overall health while trying to better manage their chronic condition. This data shows that more frequent home hemodialysis can have a positive impact on a patient's perception of his quality of life."

"This recent data builds upon an already robust mountain of clinical evidence pointing to the benefits of more frequent home hemodialysis," said Jeffrey H. Burbank, Chief Executive Officer of NxStage Medical, Inc. "FREEDOM continues to show that more frequent home therapy with the NxStage System One transforms patient lives for the better, resulting in healthier, happier patients who are empowered in their own healthcare."

About the NxStage System One

The NxStage System One is the first and only truly portable hemodialysis system cleared for home use by the U.S. Food & Drug Administration (FDA). Its simplicity and revolutionary size (just over a foot tall) are intended to allow convenient use in patients' homes and give patients the freedom to travel with their therapy. When combined with the NxStage Pureflow SL Dialysis Preparation System, patients are able to further simplify, using ordinary tap water to create dialysis fluid on demand. Unlike conventional hemodialysis systems, the System One requires no special infrastructure to operate. Under the guidance of their physician, patients can use the NxStage System One, with their trained partners, where, how and when it best meets their needs, at home or on vacation. http://www.nxstage.com/.

About NxStage Medical

NxStage Medical, Inc. (NXTM) is a medical device company, headquartered in Lawrence, Massachusetts, USA, that develops, manufactures and markets innovative systems for the treatment of ESRD and acute kidney failure. For more information on NxStage and its products, please visit the company's website at http://www.nxstage.com/.

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"Freedom Is Not Free" — Young Americans Remember as Memorial Day Approaches

Posted: at 5:16 pm

WASHINGTON, DC--(Marketwire -05/24/12)- Generation Opportunity today launched an online scroll for Americans to sign to thank the brave men and women who have selflessly served the nation and made the ultimate sacrifice to ensure our enduring freedoms. The effort for Memorial Day 2012 -- called "Freedom Is Not Free" -- gained immediate attention and support across the country.

"On Memorial Day, families across the country will remember loved ones and relatives who made the ultimate sacrifice to defend our freedoms. Sharing in that remembrance will be many, many young Americans who honor and deeply respect those from their own generation and previous generations who gave everything for Americans to remain free. We are grateful to those who have taken the time to join our efforts to reaffirm the significance of this day through our 'Freedom Is Not Free' scroll, and we encourage every American, in any way they can, to remember the true meaning of Memorial Day," said Paul T. Conway, president of Generation Opportunity and a former Chief of Staff to Major General Douglas O'Dell, USMC (Ret.) at the United States Department of Homeland Security.

Earlier this year, Generation Opportunity successfully conducted an online initiative entitled "Valentines for Vets" that provided all Americans an opportunity to send a note of appreciation and encouragement to veterans receiving care and or treatment at veterans hospitals and Armed Forces retirement homes across the country.

The Generation Opportunity team delivered the messages to veterans of the U.S. Armed Forces at multiple facilities serving veterans, including Walter Reed National Military Medical Center (Washington, DC); Armed Forces Retirement Home (Gulfport, MS); Veterans in Partnership (VISN) 11 Healthcare Network (Ann Arbor, MI); Miami VA Healthcare System (Miami, FL); VA Southwest Health Care Network (Mesa, AZ); Chalmers P. Wylie VA Ambulatory Care Center (Columbus, OH); and Maine VA Medical Center (Augusta, ME).

Generation Opportunity will scroll the names and states of "Freedom Is Not Free" signers throughout Memorial Day week.

HOW IT WORKS

1. Go to this link - http://generationopportunity.org/memorial-day/ 2. Follow the instructions and write your personal message. 3. After submitting, your first name and the state you are from will appear on the scroll. 4. For questions or other information, please email info@generationopportunity.org

ABOUT GENERATION OPPORTUNITY

Generation Opportunity is a non-profit, non-partisan 501 (c)(4) organization that seeks to engage everyone from young adults, to early career professionals, college students, young mothers and fathers, construction workers, current service men and women, veterans, entrepreneurs, and all Americans who find themselves dissatisfied with the status quo and willing to create a better tomorrow.

Generation Opportunity operates on a strategy that combines advanced social media tactics with proven field tactics to reach Americans 18-29. The organization's social media platforms -- "Being American by GO," "The Constitution by GO," and "Gas Prices Are Too Damn High" on Facebook -- have amassed a total fan base of nearly 3.3 million. All three pages post links to relevant articles and reports from sources ranging from the federal Government Accountability Office (GAO), to The New York Times, The Washington Post, The Brookings Institution, The Wall Street Journal, The Huffington Post, and The Heritage Foundation.

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Liberty Mutual Appoints Chief Actuary for Group Benefits Operation

Posted: at 5:16 pm

Boston-headquartered Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its group benefits operation.

Prior to joining Liberty Mutual, Dunham was responsible for the pricing and financial management of Unums large case group life and disability business. He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Brian Dunham

Liberty Mutual said Dunham brings a wealth of experience in large-case life and disability insurance. He has both the actuarial and management skills to help continue Liberty Mutuals strong growth in the group life and disability, the insurer said.

Liberty Mutual Insurance is a diversified global insurer and the third-largest property/casualty insurer in the U.S. based on net written premium. At the end of 2011, Liberty Mutual had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.

Liberty Mutual offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance employs over 45,000 people in more than 900 offices throughout the world.

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Liberty Mines Appoints New Vice President of Exploration

Posted: at 5:16 pm

TSX: LBE

TORONTO , May 23, 2012 /CNW/ - Liberty Mines Inc. ("Liberty" or the "Company") announced today that it has appointed Ms. Heather Miree , P.Geo., to the position of VP of Exploration effective May 23 , 2012. Ms. Miree will be responsible for all of Liberty's exploration activities.

"I am extremely pleased to have Heather join our senior management team here at Liberty Mines ," said Chris Stewart , President & CEO of Liberty Mines. "She is a seasoned exploration geologist with practical, hands-on experience finding and transitioning mineral deposits into production. Heather's skills are a great fit for our Company, and will strengthen our senior team."

Ms. Miree brings over 25 years of experience in exploration and mining projects in Canada and the United States. A graduate of the University of Waterloo with an Honours Bachelor of Science in Earth Science, Ms. Miree is also a Professional Geologist in Ontario and Alberta. She has experience in base metal, gold and industrial mineral exploration and mining projects throughout North America. Past employers include Excellon Resources Inc., St. Andrew Goldfields Ltd., Lake Shore Gold Corporation and QuadraFNX. Ms. Miree 's depth of experience, enthusiasm and leadership have contributed to her success in establishing the team and systems needed to advance grassroots or brownfield mineral properties through the exploration and advanced exploration stages to commercial production.

The Company would like to thank Liberty's former VP of Exploration, Peter Caldbick, for his efforts and wish him all the best in his future endeavors.

About Liberty Mines Inc.

Liberty Mines Inc. is a mid-tier producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada . It owns and operates the only nickel concentrator in the Shaw Dome, a prospective nickel belt region near Timmins, Ontario. With a new management team in place, Liberty is focused on growth initiatives not only through a more aggressive exploration program on its current properties but also through potential acquisition or partnership opportunities beyond its core Timmins area projects.

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Dunkin’ Donuts in Greater Philadelphia Supports Liberty USO, Local Troops and Their Families

Posted: at 5:16 pm

PHILADELPHIA--(BUSINESS WIRE)--

Dunkin Donuts in Greater Philadelphia is partnering with Liberty USO to help support their mission of serving the needs of active duty, National Guard and reserve military personnel and their families throughout Pennsylvania and Southern New Jersey. Dunkin Donuts is donating $1 (up to $2,000) for every new Like on the Dunkin Philly Facebook page (www.facebook.com/DunkinPhilly) through June 1. Additionally, Dunkin Donuts hosted 200 Liberty USO military members and their families at a special movie advance screening for Men In Black 3 on Thursday, May 24.

Dunkin Donuts has a strong commitment to the Greater Philadelphia Region and to the communities we are proud to keep running every day, says Lou Conte, Manager of Field Marketing, Greater Philadelphia Region, Dunkin Donuts. Were proud to support Liberty USO as they continue their mission to support local troops and their families in Pennsylvania and Southern New Jersey.

To learn more about Dunkin Donuts, visit http://www.DunkinDonuts.com or follow Dunkin Donuts Greater Philadelphia on Facebook (www.facebook.com/DunkinPhilly) and Twitter (www.Twitter.com/DunkinPhilly). For more information about Liberty USO visit, http://www.LibertyUSO.org.

About Liberty USO

For nearly seven decades, the USO of Pennsylvania and Southern New Jersey, Inc. (LibertyUSO) has served the needs of active duty, National Guard and reserve military personnel andtheir families throughout Pennsylvania and Southern New Jersey. Liberty USOs mission is toenhance the quality of life of the U.S. Armed Forces personnel and their families. In short,Liberty USO is the bridge between the civilian population and our service members. In times ofwar and peace, Liberty USO has delivered its special brand of support, comfort, moraleboosting, and recreational activities to service members and their families.

About Dunkin' Donuts

Founded in 1950, Dunkin' Donuts isAmerica's favorite all-day, everyday stop for coffee and baked goods. Dunkin' Donuts is a market leader in the regular/decaf coffee, iced coffee, hot flavored coffee, donut,bagel and muffin categories. Dunkin' Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for six years running. The company has more than 10,000 restaurants in 32 countries worldwide. For the full-year 2011, Dunkin' Donuts' restaurants had global franchisee-reported sales of approximately $6.4 billion. Based inCanton,Mass., Dunkin' Donuts is part of the Dunkin' Brands Group, Inc. (DNKN) family of companies. For more information, visitwww.DunkinDonuts.com.

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The Secret World delayed two weeks

Posted: at 5:15 pm

Funcom's upcoming massively multiplayer online title The Secret World will be kept a secret for two additional weeks. The developer today announced on its forums that the game will miss its previously scheduled June 19 launch, and will now arrive for the PC on July 3.

Funcom chalked up the delay to "market reasons," saying its new early July release date places The Secret World in a "more positive launch window." This is the third time the game has been delayed. Funcom delayed the project in 2009 for "some months," and when Electronic Arts came aboard to publish in 2011, the game was assigned an April 2012 release date, which was later bumped to June.

Early access for the game--available to those who preorder the title--will begin on June 29, Funcom said. Previously, this pre-release play period was expected to begin on June 15.

Funcom also today announced the third beta weekend event for The Secret World will be titled Hell Raised, and will run June 15-17. During this weekend, players will get to try out the Illuminati and Dragon starter experiences, as well as the Templar. Additionally, gamers will be able to trek to the Savage Coast region, where players will face off against demon hellspawn.

Lastly, Funcom took the wraps off The Secret World's final beta weekend period, which will run June 22-24. This event will center on the game's player-versus-player experience, with users able to try out the Eldorado battlefield level and the warzone game mode.

Though The Secret World will release only for the PC on July 3, a console version has been in development since 2007. Last year, Funcom confirmed its principal focus was on the PC version of the game, but noted it was in fact still at work on a console iteration. This release of this SKU will be contingent on the success of the PC version, according to Funcom.

For more on The Secret World, check out GameSpot's latest preview.

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The Secret World Delayed Until July, Final Beta Weekends Detailed

Posted: at 5:15 pm

Tom Hopkins

Published on May 25, 2012

The Secret World, Funcom's hotly-anticipated new PC MMO has been delayed by two weeks and will now launch on 3 July for "market reasons," that will "benefit the launch of the game," according to the developer.

Early access to the game for pre-orderers will now commence from 29 June.

The Secret World beta weekends will continue meanwhile on 15 June, with 'Hell Raised'.

"In this Beta Weekend players will be able to experience the Illuminati and Dragon starter experiences as well as the Templar experience," reads The Secret World site. "Players will also get to leave Kingsmouth and venture into the massive region known as Savage Coast, where they will soon find that the very gates of hell itself have opened up! This will allow players to experience the epic 'Hell Raised' dungeon where you will have to battle the demons of hell itself!"

The final beta weekend is set for 22 June, and will focus on PvP, including "warzone gameplay where over a hundred players clash together in persistent battle."

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Dupuy: Trust me, you believe in gun control

Posted: at 5:14 pm

If you ask the typical hyper-political gun owner (and I have ... at Thanksgiving dinner), why its important to own a gun, theyll bark about the Constitution. Yes, the Second Amendment: The Right of the People to Keep and Bear Arms Shall Not Be Infringed!

This of course is the slogan the National Rifle Association adopted in the 1970s. It was then that owning a gun became an absolute right endowed by God and the Constitution. A blessing passed down by our forefathers to obliterate game and protect our property. The NRA was founded in 1870 and for its first hundred years it was for gun control and didnt mention the Second Amendment as their cause.

Adam Winkler points out in his delicious book, Gun Fight, what we call the wild west had some of the strictest gun control laws weve seen as a nation. The shootout at the OK Corral took place, after all, because Wyatt Earp was trying to disarm the outlaw Cowboys in accordance with a Tombstone ordinance. The KKK was, among other things, a gun control organization. They were trying to keep guns out of the hands of newly freed slaves ... but still gun control.

The part of the Second Amendment omitted from the NRAs slogan is: A well regulated Militia, being necessary to the security of a free State... Yes, well regulated its in the Constitution!

Now, to some, guns are as sacred as scripture. If you ask, again, this typical hyper-political gun owner why they need to stockpile assault rifles, you will get an answer much like Pat Flynns, a recent candidate for a Senate seat in Nebraska. Really, we have our guns to protect ourselves against the government, number one, Flynn said in a debate right before the primary. Huntings number two. But protecting us against our government is number one. Remember, Flynn was trying to land a job in the government (he didnt win his partys nomination, by the way).

The idea is that we have to be just as armed as our government in order to be safer or have more liberty (or something). The U.S. government has unmanned drones armed with supersonic laser-guided anti-armor Hellfire missiles, bunker busters, and nuclear weapons. Are far-right politicians saying we need civilians to have shoulder-fired anti-aircraft missiles for protection? Of course theyre not. They actually do want limits on ownership.

And if you ask the most vehement gun rights advocate why gun owners shouldnt have nuclear weapons, Id bet youd get the same answer as to why we dont want every country to have the capability: Because they could get into the wrong hands.

So weapons-grade plutonium should be limited. But the ever-handy semi-auto Glock pistol with a 30-round high-capacity magazine is an absolute right?

A recent gun buyback drive in Los Angeles resulted in someone turning in a rocket launcher. Comforting.

So were not actually talking about limited vs. unlimited. We are talking about degrees of weapon ownership.

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