Italians protest over education cut

Global By Agencies   
mwcnews.net
      
Thousands of high school and university students have been protesting in the Italian capital against the government's plan to cut jobs and funding for the education system.

Police blocked the road leading to the residence of Silvio Berlusconi, the prime minister, as the demonstrators marched in Rome on Monday.

The proposed changes include budget and job cuts at state universities.

In changes to lower education, students could fail for poor conduct, and primary schools would return to the practice of having only one teacher per primary school class.

Many students have been missing classes for weeks to protest against the plan, and in some cases they have occupied schools.

Some teachers have also joined the protest, staging open-air lessons in streets and squares across the country.

Berlusconi has said he will not budge on despite the protests.

A nationwide strike by school teachers and university professors is planned for October 30.

Public opposition

Nearly half of Italians are opposed to the cuts, the Italian newspaper La Repubblica, suggested in a recent poll.

The survey found that 47 per cent of the 1,024 people questioned were against the proposals. About 38 per cent of Italians backed them.

The proposals for primary schools would mean that, from autumn of next year, instead of three staff sharing teaching duties in different subjects for two classes, each class would have one all-purpose instructor.

Time spent at school would be slashed from 29 to 31 hours a week currently, to 24. The aim is to save $9.7bn over four years.

Savings of $1.8bn are being sought in the secondary school sector and higher education over five years.

The education ministry said the plans seek to "rationalise spending to improve the quality" of education and that only a few thousands of the country's millions of students are demonstrating.      

Italy’s protests continue ahead of key senate vote

Euronews.com--28/10 19:51 CET

With Italy’s senators about to vote in two days on controversial education reforms, thousands of students descended on Rome’s senate to protest.

Italy has seen daily demonstrations over Prime Minister Silvio Berlusconi’s plans to reform education, which would see large budget and job cuts in universities and a return to single teacher classes in schools.

Such is the discontent, many students have been missing classes and occupying schools for weeks.

‘‘We don’t have any political affiliations here. Those who say there are divisions between us want to manipulate this demonstration,’‘ claimed a student protester in Rome.

But not everyone supports the anti-reform demos. In Turin students gathered to show how fed up they were over the disruption, although they appeared to have political affiliations, as right-wing Allianze Nazionale banners were on display.

‘‘We are here to say to the Minister of education to have the courage to make deep reforms to the universities and to say to those that occupy classes that we don’t want to follow lessons on the street,’‘ said an anti-demo protester.

A more sedate atmosphere against the measures was on show in Venice’s Piazza San Marco. Despite the mass action Berlusconi has said he will not budge on his reforms.

Palin Fashion Includes Scarf That Encourages Voting...For Democrats

Jason Linkins

October 23, 2008 08:24 AM

huffingtonpost.com

The news of Sarah Palin's colossal, RNC-funded shopping haul has placed the Alaskan governor back squarely in her role as being the main source of drag on the McCain ticket, as critics lampoon the candidate's overtures to America's Plumbing Joes while decked out in $150,000 worth of new high-end gear. According to MSNBC's Chuck Todd, things are said to be "tense" between McCain and his running mate, and, if you take a look at this picture, from Jezebel, I think it's pretty easy to see why!

OH NOES! Why on earth is Sarah Palin wearing a Democratic Party keffiyeh, festooned with donkeys and the word "Vote?" Why won't McCain question her on her ties to radical leftist accessories?

So, yeah. I'd say that this is money well spent by the RNC! In my imaginings, this scarf cost Palin $15,000, and all proceeds went directly to ACORN.

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Palin's Clothes Cost RNC More Than Weekly Ads In Six States

Sam Stein

October 23, 2008 04:12 PM

Huffingtonpost.com

The McCain campaign and RNC's pushback to revelations that they purchased $150,000 worth of clothing and accessories for Sarah Palin has been, primarily, that it was money well spent.

After all, the Alaska Governor's image has graced countless newspaper covers and been featured prominently on television newscasts. Politics, the argument goes, is a superficial business. "She needed clothes," said McCain.

But what has some GOP operatives shaking their heads is the missed opportunities that that $150K represents. Had the RNC forgone the clothing purchases, they could have put more mail in mailboxes, more boots on the ground, and more advertisements on air.

Indeed, a look at some ad buy statistics provided by a Democratic source shows that the RNC put more money down on Palin's attire than they and the McCain campaign have spent on a weeks-worth of advertising in half a dozen, potentially, swing states.

From October 13th through October 19th, the McCain campaign and the RNC spent a combined $125,000 on advertisements in New Hampshire, roughly $90,000 in West Virginia, and $86,000 in Maine. In each of those states, the Republican ticket is fighting Obama for a small but potentially significant number of electoral votes.

In North Dakota and Georgia, the RNC and the McCain campaign did not spend a penny on advertising during that same week. These two states seem likely to break for McCain, but it is not inevitable: Obama could potentially pick off their votes.

In Indiana, the RNC spent $450,000 last week on ads while the McCain campaign did not spend anything. An additional $150,000 could have meant 33% more airtime over the course of a week.

Then there is Michigan. The GOP pulled out of the state a few weeks ago and so hasn't spent any cash on advertisements there. The $150,000 they put down on Palin's clothes would not have purchased much airtime in that large market, but it may have saved McCain from the public criticism that he was subjected to for abandoning the state.

In the end, Palin's sharp looks could draw more voters to the Republican ticket than any particular ad. But the budget choices of the RNC have some observers baffled, and they will likely be a sharp point of critique for campaign post mortems.

Greenspan Concedes Error on Regulation

By EDMUND L. ANDREWS

Published: October 23, 2008

nytimes.com

WASHINGTON — For years, a Congressional hearing with Alan Greenspan was a marquee event. Lawmakers doted on him as an economic sage. Markets jumped up or down depending on what he said. Politicians in both parties wanted the maestro on their side.

But on Thursday, almost three years after stepping down as chairman of the Federal Reserve, a humbled Mr. Greenspan admitted that he had put too much faith in the self-correcting power of free markets and had failed to anticipate the self-destructive power of wanton mortgage lending.

“Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief,” he told the House Committee on Oversight and Government Reform.

Now 83, Mr. Greenspan came in for one of the harshest grillings of his life, as Democratic lawmakers asked him time and again whether he had been wrong, why he had been wrong and whether he was sorry.

Critics, including many economists, now blame the former Fed chairman for the financial crisis that is tipping the economy into a potentially deep recession. Mr. Greenspan’s critics say that he encouraged the bubble in housing prices by keeping interest rates too low for too long and that he failed to rein in the explosive growth of risky and often fraudulent mortgage lending.

“You had the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis. You were advised to do so by many others,” said Representative Henry A. Waxman of California, chairman of the committee. “Do you feel that your ideology pushed you to make decisions that you wish you had not made?”

Mr. Greenspan conceded: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”

On a day that brought more bad news about rising home foreclosures and slumping employment, Mr. Greenspan refused to accept blame for the crisis but acknowledged that his belief in deregulation had been shaken.

He noted that the immense and largely unregulated business of spreading financial risk widely, through the use of exotic financial instruments called derivatives, had gotten out of control and had added to the havoc of today’s crisis. As far back as 1994, Mr. Greenspan staunchly and successfully opposed tougher regulation on derivatives.

But on Thursday, he agreed that the multitrillion-dollar market for credit default swaps, instruments originally created to insure bond investors against the risk of default, needed to be restrained.

“This modern risk-management paradigm held sway for decades,” he said. “The whole intellectual edifice, however, collapsed in the summer of last year.”

Mr. Waxman noted that the Fed chairman had been one of the nation’s leading voices for deregulation, displaying past statements in which Mr. Greenspan had argued that government regulators were no better than markets at imposing discipline.

“Were you wrong?” Mr. Waxman asked.

“Partially,” the former Fed chairman reluctantly answered, before trying to parse his concession as thinly as possible.

Mr. Greenspan, celebrated as the “Maestro” in a book about him by Bob Woodward, presided over the Fed for 18 years before he stepped down in January 2006. He steered the economy through one of the longest booms in history, while also presiding over a period of declining inflation.

But as the Fed slashed interest rates to nearly record lows from 2001 until mid-2004, housing prices climbed far faster than inflation or household income year after year. By 2004, a growing number of economists were warning that a speculative bubble in home prices and home construction was under way, which posed the risk of a housing bust.

Mr. Greenspan brushed aside worries about a potential bubble, arguing that housing prices had never endured a nationwide decline and that a bust was highly unlikely.

Mr. Greenspan, along with most other banking regulators in Washington, also resisted calls for tighter regulation of subprime mortgages and other high-risk exotic mortgages that allowed people to borrow far more than they could afford.

The Federal Reserve had broad authority to prohibit deceptive lending practices under a 1994 law called the Home Owner Equity Protection Act . But it took little action during the long housing boom, and fewer than 1 percent of all mortgages were subjected to restrictions under that law.

This year, the Fed greatly tightened its restrictions. But by that time, the subprime market as well as the market for other kinds of exotic mortgages had already been wiped out.

Mr. Greenspan said that he had publicly warned about the “underpricing of risk” in 2005 but that he had never expected the crisis that began to sweep the entire financial system in 2007.

“This crisis,” he told lawmakers, “has turned out to be much broader than anything I could have imagined. It has morphed from one gripped by liquidity restraints to one in which fears of insolvency are now paramount.”

Many Republican lawmakers on the oversight committee tried to blame the mortgage meltdown on the unchecked growth of Fannie Mae and Freddie Mac, the giant government-sponsored mortgage-finance companies that were placed in a government conservatorship last month. Republicans have argued that Democratic lawmakers blocked measures to reform the companies.

But Mr. Greenspan, who was first appointed by President Ronald Reagan, placed far more blame on the Wall Street companies that bundled subprime mortgages into pools and sold them as mortgage-backed securities. Global demand for the securities was so high, he said, that Wall Street companies pressured lenders to lower their standards and produce more “paper.”

“The evidence strongly suggests that without the excess demand from securitizers, subprime mortgage originations (undeniably the original source of the crisis) would have been far smaller and defaults accordingly far lower,” he said.

Despite his chagrin over the mortgage mess, the former Fed chairman proposed only one specific regulation: that companies selling mortgage-backed securities be required to hold a significant number themselves.

“Whatever regulatory changes are made, they will pale in comparison to the change already evident in today’s markets,” he said. “Those markets for an indefinite future will be far more restrained than would any currently contemplated new regulatory regime.”

Alaska Funded Palin Kid's Travel

www.huffingtonpost.com/2008/10/21/ap-alaska-funded-palins-k_n_136719.html

BRETT J. BLACKLEDGE, ADAM GOLDMAN and MATT APUZZO October 21, 2008 10:58 PM EST

ANCHORAGE, Alaska — Gov. Sarah Palin charged the state for her children to travel with her, including to events where they were not invited, and later amended expense reports to specify that they were on official business.

The charges included costs for hotel and commercial flights for three daughters to join Palin to watch their father in a snowmobile race, and a trip to New York, where the governor attended a five-hour conference and stayed with 17-year-old Bristol for five days and four nights in a luxury hotel.

In all, Palin has charged the state $21,012 for her three daughters' 64 one-way and 12 round-trip commercial flights since she took office in December 2006. In some other cases, she has charged the state for hotel rooms for the girls.

Alaska law does not specifically address expenses for a governor's children. The law allows for payment of expenses for anyone conducting official state business.

As governor, Palin justified having the state pay for the travel of her daughters _ Bristol, 17; Willow, 14; and Piper, 7 _ by noting on travel forms that the girls had been invited to attend or participate in events on the governor's schedule.

But some organizers of these events said they were surprised when the Palin children showed up uninvited, or said they agreed to a request by the governor to allow the children to attend.
Several other organizers said the children merely accompanied their mother and did not participate. The trips enabled Palin, whose main state office is in the capital of Juneau, to spend more time with her children.

"She said any event she can take her kids to is an event she tries to attend," said Jennifer McCarthy, who helped organize the June 2007 Family Day Celebration picnic in Ketchikan that Piper attended with her parents.

State Finance Director Kim Garnero told The Associated Press she has not reviewed the Palins' travel expense forms, so she could not say whether the daughters' travel with their mother would meet the definition of official business.

On Aug. 6, three weeks before Republican presidential nominee Sen. John McCain chose Palin his running mate, and after Alaska reporters asked for the records, Palin ordered changes to previously filed expense reports for her daughters' travel.

In the amended reports, Palin added phrases such as "First Family attending" and "First Family invited" to explain the girls' attendance.

"The governor said, 'I want the purpose and the reason for this travel to be clear,'" said Linda Perez, state director of administrative services.

When Palin released her family's tax records as part of her vice presidential campaign, some tax experts questioned why she did not report the children's state travel reimbursements as income.

The Palins released a review by a Washington attorney who said state law allows the children's travel expenses to be reimbursed and not taxed when they conduct official state business.

Taylor Griffin, a McCain-Palin campaign spokesman, said Palin followed state policy allowing governors to charge for their children's travel. He said the governor's office has invitations requesting the family to attend some events, but he said he did not have them to provide.

In October 2007, Palin brought daughter Bristol along on a trip to New York for a women's leadership conference. Plane tickets from Anchorage to La Guardia Airport for $1,385.11 were billed to the state, records show, and mother and daughter shared a room for four nights at the $707.29-per-night Essex House hotel, which overlooks Central Park. The event's organizers said Palin asked if she could bring her daughter.

Alexis Gelber, who organized Newsweek's Third Annual Women & Leadership Conference, said she does not know how Bristol ended up attending. Gelber said invitees usually attend alone, but some ask if they can bring a relative or friend.

Griffin, the campaign spokesman, said he believes someone with the event personally sent an e-mail to Bristol inviting her, but he did not have it to provide. Records show Palin also met with Mayor Michael Bloomberg and Goldman Sachs representatives and visited the New York Stock Exchange.

In January, the governor, Willow and Piper showed up at the Alaska Symphony of Seafood Buffet, an Anchorage gala to announce winners of an earlier seafood competition.

"She was just there," said James Browning, executive director of Alaska Fisheries Development Foundation, which runs the event. Griffin said the governor's office received an invitation that was not specifically addressed to anyone.

When Palin amended her children's expense reports, she listed a role for the two girls at the function _ "to draw two separate raffle tickets."

In the original travel form, Palin listed a number of events that her children attended and said they were there "in official capacity helping." She did not identify any specific roles for the girls.
In July, the governor charged the state $2,741.26 to take Bristol and Piper to Philadelphia for a meeting of the National Governors Association. The girls had their own room for five nights at the Ritz-Carlton Hotel for $215.46 a night, expense records show.

Expense forms describe the girls' official purpose as "NGA Governor's Youth Programs and family activities." But those programs were activities designed to keep children busy, a service provided by the NGA to accommodate governors and their families, NGA spokeswoman Jodi Omear said.

In addition to the commercial flights, the children have traveled dozens of times with Palin on a state plane. For these flights, the total cost of operating the plane, at $971 an hour, was about $55,000, according to state flight logs. The cost of operating the state plane does not increase when the children join their mother.

The organizer of an American Heart Association luncheon on Feb. 15 in Fairbanks said Palin asked to bring daughter Piper to the event, and the organizer said she was surprised when Palin showed up with daughters Willow and Bristol as well.

The three Palin daughters shared a room separate from their mother at the Princess Lodge in Fairbanks for two nights, at a cost to the state of $129 per night.

The luncheon took place before Palin's husband, Todd, finished fourth in the 2,000-mile Iron Dog snowmobile race, also in Fairbanks. The family greeted him at the finish line.

When Palin showed up at the luncheon with not just Piper but also Willow and Bristol, organizers had to scramble to make room at the main table, said Janet Bartels, who set up the event.
"When it's the governor, you just make it happen," she said.

The state is already reviewing nearly $17,000 in per diem payments to Palin for more than 300 nights she slept at her own home, 40 miles from her satellite office in Anchorage.

Tony Knowles, a Democratic former governor of Alaska who lost to Palin in a 2006 bid to reclaim the job, said he never charged the state for his three children's commercial flights or claimed their travel as official state business.

Knowles, who was governor from 1994 to 2002, is the only other recent Alaska governor who had school-age children while in office.

"There was no valid reason for the children to be along on state business," said Knowles, a supporter of Democratic presidential nominee Barack Obama. "I cannot recall any instance during my eight years as governor where it would have been appropriate to claim they performed state business."

Knowles said he brought his children to one NGA event while in office but didn't charge the state for their trip.

In February 2007, the three girls flew from Juneau to Anchorage on Alaska Airlines. Palin charged the state for the $519.30 round-trip ticket for each girl, and noted on the expense form that the daughters accompanied her to "open the start of the Iron Dog race."

The children and their mother then watched as Todd Palin and other racers started the competition, which Todd won that year. Palin later had the relevant expense forms changed to describe the girls' business as "First Family official starter for the start of the Iron Dog race."
The Palins began charging the state for commercial flights after the governor kept a 2006 campaign promise to sell a jet bought by her predecessor.

Palin put the jet up for sale on eBay, a move she later trumpeted in her star-making speech at the Republican National Convention, and it was ultimately sold by the state at a loss.

That left only one high-performance aircraft deemed safe enough for her to use _ a 1980 twin-engine King Air assigned to the public safety agency but, according to flight logs, out of service for maintenance and repairs about a third of the time Palin has been governor.

RNC Has Spent Over $150,000 On Palin's Clothes

www.huffingtonpost.com/2008/10/21/rnc-has-spent-over-150000_n_136736.html (open the link to see the slideshow)

Huffington Post via Politico Anya Strzemien October 21, 2008 11:57 PM

UPDATE: The man behind Palin's style transformation is Jeff Larson, is Karl Rover's former protégé and the principal robocaller who smeared John McCain in 2000.

Politico reports that the RNC has been shelling out the big bucks--over $150,000--on Sarah Palin and her family's wardrobe since she joined the McCain ticket in late August.

According to financial disclosure records, the accessorizing began in early September and included bills from Saks Fifth Avenue in St. Louis and New York for a combined $49,425.74.

The records also document a couple of big-time shopping trips to Neiman Marcus in Minneapolis, including one $75,062.63 spree in early September.

The RNC also spent $4,716.49 on hair and makeup through September after reporting no such costs in August.