AP source: Armstrong tells Oprah he doped


AUSTIN, Texas (AP) — Lance Armstrong confessed to Oprah Winfrey during an interview Monday that he used performance-enhancing drugs to win the Tour de France, a person familiar with the situation told The Associated Press.


The person spoke on condition of anonymity because the interview is to be broadcast Thursday on Winfrey's network.


Armstrong was stripped of all seven Tour titles last year following a voluminous U.S. Anti-Doping Agency report that portrayed him as a ruthless competitor, willing to go to any lengths to win the prestigious race.


USADA chief executive Travis Tygart labeled the doping regimen allegedly carried out by the U.S. Postal Service team that Armstrong once led, "The most sophisticated, professionalized and successful doping program that sport has ever seen."


After a federal investigation of the cyclist was dropped without charges being brought last year, USADA stepped in with an investigation of its own. The agency deposed 11 former teammates and accused Armstrong of masterminding a complex and brazen drug program that included steroids, blood boosters and a range of other performance-enhancers.


A group of about 10 close friends and advisers to Armstrong left a downtown Austin hotel about three hours after they arrived Monday afternoon for the taping. Among them were Armstrong attorneys Tim Herman and Sean Breen, along with Bill Stapleton, Armstrong's longtime agent, manager and business partner. All declined comment entering and exiting the session.


Soon afterward, Winfrey tweeted: "Just wrapped with (at)lancearmstrong More than 2 1/2 hours. He came READY!" She was scheduled to appear on "CBS This Morning" on Tuesday to discuss the interview.


In a text to the AP on Saturday, Armstrong said: "I told her (Winfrey) to go wherever she wants and I'll answer the questions directly, honestly and candidly. That's all I can say."


Armstrong stopped at the Livestrong Foundation, which he founded, on his way to the interview and said, "I'm sorry" to staff members, some of whom broke down in tears. A person with knowledge of that session said Armstrong choked up and several employees cried during the session.


The person also said Armstrong apologized for letting the staff down and putting Livestrong at risk but he did not make a direct confession to using banned drugs. He said he would try to restore the foundation's reputation, and urged the group to continue fighting for the charity's mission of helping cancer patients and their families.


Armstrong spoke to a room full of about 100 staff members for about 20 minutes, expressing regret for everything the controversy has put them through, the person said. He told them how much the foundation means to him and that he considers the people who work there to be like members of his family. None of the people in the room challenged Armstrong over his long denials of doping.


Winfrey and her crew had earlier said they would film Monday's session at Armstrong's home. As a result, local and international news crews were encamped near the cyclist's Spanish-style villa before dawn.


Armstrong still managed to slip away for a run despite the crowds outside his home. He returned by cutting through a neighbor's yard and hopping a fence.


___


Jim Litke reported from Chicago.


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UK opposes Arctic drilling ban, to update policy this year






LONDON (Reuters) – Britain opposes a stop to oil and gas drilling in the Arctic, the government said in a report on Tuesday, dismissing a parliamentary committee call to impose an exploration ban in the environmentally fragile region.


The Arctic holds 30 percent of the world’s undiscovered gas and 13 percent of its untapped oil, experts estimate, but exploration there is risky and costly, and any spills would severely threaten the environment.






Members of the Arctic Council including Norway, the United States and Russia are promoting safe fossil fuel exploration in the Arctic, but none have responded to environmentalists’ calls to ban the activity outright.


Britain is not a member of the Arctic Council but is one of six observer countries that have an interest in activities in the Arctic and can make recommendations to the eight governing Arctic states.


In September, a British parliamentary committee urged the government to immediately stop all oil and gas drilling in the Arctic, which it described as “reckless”, until an oil-spill response standard is put in place.


Instead of a ban, the foreign ministry said it was pressing for tighter global laws to protect marine biodiversity in the Arctic and supported efforts to improve oil spill prevention.


“These measures — combined with effective and ambitious global action to reduce global greenhouse gas emissions — are more likely to be effective in protecting the Arctic environment than pressing for a complete moratorium on all drilling in the Arctic region,” the government said in the report.


The government plans to publish the first policy framework for the Arctic later this year to spell out Britain’s position regarding oil and gas exploration, sustainable fishing and shipping in the Arctic, among other policy interests, the report said.


“We are acutely aware of the potential environmental impacts of an oil spill in the Arctic and recognise the risks of drilling for hydrocarbons. We therefore fully support the use of the highest environmental and drilling standards in the Arctic,” a government spokesman said.


The sinking of Shell-owned oil rig Kulluk in stormy weather in Alaska on New Year’s Eve highlighted the dangers involved in Arctic oil and gas exploration.


The UK’s Environmental Audit committee said on Tuesday it would invite Shell to give further evidence to Parliament on the incident and might update its report to include the new evidence.


“The grounding of the Kulluk rig raises serious questions about the safety of Shell’s operations in the Arctic,” Joan Walley, the committee chairwoman, said.


(Reporting by Karolin Schaps; editing by Jane Baird)


Green News Headlines – Yahoo! News





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Are gun curbs just symbolism?







STORY HIGHLIGHTS


  • Gun violence recommendations are expected from Vice President Biden on Tuesday

  • The proposals are expected to contain substantive and symbolic ideas to curb gun violence

  • Presidents use symbolism to shift public opinion or affect larger political or social change




Washington (CNN) -- The pictures told the story: Vice President Joe Biden looked solemn, patrician and in control as he sat at a long table in the White House, flanked by people on both sides of the gun control issue.


The images conveyed a sense that the White House was in command on this issue.


And that's the point. Historically, presidential administrations have used symbolic imagery—at times coupled with marginal actions—to shift public opinion or affect larger political or social change.


"Politics is a risk taking project," said Julian Zelizer, a Princeton University historian and CNN contributor. "They put together these commissions in response to some crisis. You try a hundred things and hope something works."


On the eve of the Biden-led gun control task force recommendations to President Barack Obama, political experts say it is important that his administration sends a clear signal that it has things in hand.


That is especially critical in what will likely be an uphill battle to push specific changes, like an assault weapons ban, as part of a broader effort on gun control.


The first move in the image battle will be to appear to move quickly and decisively.


"You have to give the Obama administration credit for one thing: They've learned from history to do things quickly," Larry Sabato, director of the University of Virginia's Center for Politics, said of previous task force initiatives that fizzled.








In 2010, Obama appointed a bipartisan commission headed by former Republican Sen. Alan Simpson of Wyoming and Erskine Bowles, a former Democratic White House chief of staff, to come up with a proposal to balance the budget and cut the debt.


Like the gun task force, Simpson-Bowles reviewed current regulations, gathered input from the public and engaged in tense internal conversations. But after months of working on a proposal—a blend of steep revenue increases and spending cuts—the group struggled to agree to a solution. The president did not take up the recommendations.


Obama largely avoided the issue of gun control during his first term.


He wrote an opinion piece two months after the 2011 assassination attempt on Rep. Gabrielle Giffords of Arizona, acknowledging the importance of the Second Amendment right to bear arms. In the piece he also called for a focus on "effective steps that will actually keep those irresponsible, law-breaking few from getting their hands on a gun in the first place."


But in the aftermath of that shooting and as the election season loomed, the Justice Department backed off from a list of recommendations that included a measure designed to help keep mentally ill people from getting guns.


For now, at least, there is a sense in Washington that the Newtown, Connecticut, school shooting where 26 people -- 20 of them young children -- were slaughtered could lead to meaningful legislative reform.


Public opinion would seem to suggest that the White House efforts are well timed.


In the month since the massacre, a new poll showed the percentage of Americans who said they were dissatisfied with America's gun laws has spiked.


The Gallup survey released on Monday showed 38% of Americans were dissatisfied with current gun regulations, and wanted stricter laws. That represented 13-point jump from one year ago, when 25% expressed that view. "You want to strike while the iron is hot," Sabato said. "We Americans have short attention spans and, as horrible as the Newtown shooting was, will anyone be surprised if we moved along by spring?"


The White House has since worked overtime to show it considers gun control an urgent matter.


The vice president has spent the last week meeting with what the White House calls "stakeholders" in the gun control debate.


On Monday, Biden was to meet with members of a House Democratic task force on guns, along with Attorney General Eric Holder, Homeland Security Secretary Janet Napolitano, and Kathleen Sebelius, the secretary of Health and Human Services.


In a series of face to face discussions on Thursday, Biden sat down with the National Rifle Association and other gun owners groups before conferring with representatives from the film and television industry.


In a sign the White House is prepared to move aggressively on its proposals, Biden made public comments just before meeting with the National Rifle Association, the country's most powerful gun lobby.


"Putting the vice president in charge of (the task force) and having him meeting with these groups is intended to show seriousness and an effort to reach out and respond to concerns and wishes of various groups," said Alan Abramowitz, a political science professor at Emory University.


Still, the NRA expressed disappointment in its discussion with Biden and later released a statement that accused the administration of mounting "an agenda to attack the Second Amendment."


Organizations seeking tougher gun control laws insist an assault weapons ban is critical to addressing the nation's recent rash of mass shootings. However, such a ban could be difficult in a Congress mired in gridlock.


"The bully pulpit is limited. It's hard for the president to sustain that momentum," Zelizer said of the White House's gun control efforts after the Newtown shootings. "The thing about symbolism is, like the shock over Newtown, they fade quickly."


CNN's Jim Acosta and Kevin Liptak contributed to this report






Read More..

Seized guns on display weren't from 2013













Weapons displayed


Chicago Police Superintendent Garry McCarthy looks over an assortment of weapons representing, but not the actually, those seized by members of CPD in the first two weeks of the new year at the Gresham (6th) District in Chicago.
(Anthony Souffle, Chicago Tribune / January 14, 2013)



























































Chicago Police Supt. Garry McCarthy held a news conference Monday where his department “put on display several of the firearms seized … during the first two weeks of 2013,” according to a police news release.

But that wasn’t exactly the case.


A police spokeswoman said McCarthy had hoped to display 25 weapons from among the more than 300 seized since Jan. 1 — but in fact the ones shown were from last year. Some dated from last summer, according to inventory tags on the weapons.





Reporters attending the news conference at the Gresham Police District station, 7808 S Halsted St., noticed the inventory tags, and McCarthy was asked about them. He said the guns weren’t the actual ones seized in 2013, but were “representative” of them.


“Well, you know what the point is? These are representative of what we’re recovering today,” McCarthy said. “The problem is that many of the guns we’re recovering today are arrest evidence, and we can’t display them. So what we’ll do is substitute one for the other. OK?”

Police spokeswoman Melissa Stratton said the department had intended to show this year’s seizures, but the firearms weren’t inventoried in time. The weapons shown “match the guns that we took off the street” in characteristics like maker and caliber, she said.


The spokeswoman said future news conferences are expected to display the guns confiscated in the periods addressed.


psvitek@tribune.com, lford@tribune.com






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West African army chiefs to approve Mali troops plan


BAMAKO (Reuters) - West African defense chiefs will on Tuesday approve plans to speed up the deployment of African troops against Islamist rebels in northern Mali, with some regional soldiers seen arriving next week.


France has already poured hundreds of troops into Mali and carried out days of air strikes in a vast desert area seized last year by an Islamist alliance that combines al Qaeda's north African wing AQIM with Mali's home-grown MUJWA and Ansar Dine rebel groups.


Western and regional powers are concerned the insurgents will use Mali's north as a launchpad for international attacks.


"On January 15, the committee of Chiefs of Defense Staff will meet in Bamako to approve the contingency plan," the mission head of the ECOWAS grouping of West African states, Aboudou Toure Cheaka, told Reuters.


"I can tell you that in one week, the troops will effectively be on the ground," he said, adding their immediate mission would be to help stop the rebel advance while preparations for a full intervention plan continued.


He did not say how many soldiers would arrive.


The original timetable for the 3,300-strong U.N.-sanctioned African force - backed by western logistics, money and intelligence services - did not initially foresee full deployment before September due to logistical constraints.


Senegal, Burkina Faso, Niger, Nigeria and Guinea have all offered troops. But regional powerhouse Nigeria, which is due to lead the mission, has cautioned that even if some troops arrive in Mali soon, training will take more time.


The plan is being fast-tracked after France rushed to respond to a plea for help by Mali's government after mobile columns of Islamist fighters last week threatened the central garrison towns of Mopti and Sevare, with its key airport.


The French defense ministry said on Monday it aimed to deploy some 2,500 soldiers to Mali to bolster the Malian army and the eventual West African force.


"SAFEGUARD MALI"


French Prime Minister Jean-Marc Ayrault said France's goals were to stop the Islamist rebels, to "safeguard the existence of Mali" and pave the way for the African-led military operation.


U.S. officials said Washington was sharing information with French forces in Mali and considering providing logistics, surveillance and airlift capability.


"We have made a commitment that al Qaeda is not going to find anyplace to hide," U.S. Defense Secretary Leon Panetta told reporters as he began a visit to Europe.


As French aircraft bombarded mobile columns of Islamist fighters, other insurgents launched a counter-attack further to the south, dislodging government forces from the town of Diabaly, 350 km (220 miles) from Bamako.


French intervention has raised the threat for eight French hostages held by al Qaeda allies in the Sahara and for 30,000 French expatriates living in neighboring, mostly Muslim states. Concerned about reprisals at home, France has tightened security at public buildings and on public transport.


The U.N. said an estimated 30,000 people had fled the latest fighting in Mali, joining more than 200,000 already displaced.


U.N. Secretary-General Ban Ki-moon on Monday welcomed the French-led military intervention in Mali and voiced the hope that it would halt the Islamist assault.


Amnesty International said at least six civilians were killed in recent fighting in the town of Konna, where French aircraft had earlier bombarded rebel positions, and called on both sides to spare non-combatants.


France, which has repeatedly said it has abandoned its role as the policeman of its former African colonies, is among the toughest proponents of a speedier deployment of the African troops, and convened a U.N. Security Council meeting Monday to discuss the crisis.


French U.N. Ambassador Gerard Araud told reporters after the meeting that the U.S., Canada, Belgium, Denmark and Germany had also offered logistical support for France's Mali operation.


"I felt that all the members of the Security Council were expressing their support (for) and understanding of the French decision," Araud told reporters.


No Europeans or other African Union members will be allowed in the defense chiefs meeting in Bamako on Tuesday, a western diplomat told Reuters, requesting not to be named.


"They don't want any French pressure at the meeting," the diplomat said.


(Reporting by Bate Felix; Additional reporting by Michelle Nichols and Louis Charbonneau at the United Nations Richard Valdmanis in Dakar, Brian Love in Paris and David Alexander in Lisbon; Editing by Richard Valdmanis and Giles Elgood)



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Yen pressured, Asian stocks subdued


SYDNEY (Reuters) - The yen plumbed a 2-1/2 year low against the dollar on Monday as Japan's central bank faced relentless political pressure to deliver bold stimulus, while Asian stocks got off to subdued start with Tokyo closed for a public holiday.


Prime Minister Shinzo Abe on Sunday said the Bank of Japan (BOJ) must set a 2 percent inflation target and make it a medium-term, not long-term, goal to show markets it was determined to pursue bold monetary easing to end nearly two decades of deflation.


His comments emboldened yen-bears, who took a fresh swipe at the currency. That saw the U.S. dollar hit a high of 89.67 yen, a level not seen since mid-2010, while the euro climbed as far as 119.84 yen, scaling a 20-month peak.


MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early dealings, but not far from a 17-month peak set on Friday. The index has gained more than 2 percent so far this year on growing optimism about the health of the global economy.


Australian's benchmark S&P/ASX 200 index rose 0.3 percent, while South Korea's KOSPI slipped 0.2 percent, partly weighed by lingering concerns about corporate earnings and a firming local currency.


Analysts at HSBC believe global developments this week will support demand for riskier assets, with U.S. and Chinese data likely to show further momentum in the world's two biggest economies.


"In addition, the Fed speaker calendar is dominated by doves in the early part of the week. These should provide reassurance that the Fed is in no rush to turn off the liquidity tap despite these early signs of encouragement on activity," they said in a client note.


Federal Reserve Chairman Ben Bernanke is due to speak later on Monday at the University of Michigan and investors are eagerly waiting for clues on how long the Fed's latest bond purchase program will last.


Any signs that the Fed is in no hurry to end its quantitative easing program could see the U.S. dollar soften against higher-yielding currencies such as the Australian dollar and those of faster growing emerging economies.


The Aussie dollar traded at $1.0531, still remaining within easy reach of a four-month high of $1.0599 set last week.


Against the euro, the greenback dipped to a fresh nine-month low. The single currency rose 0.1 percent to $1.3357, continuing to outperform after European Central Bank chief Mario Draghi last week gave no indication the bank would ease monetary policy any further.


Optimism about the global economy also helped stem a slide in oil prices. U.S. crude rose 29 cents to $93.85 a barrel, recovering from Friday's 26-cent fall, while Brent crude was little changed at $110.62 a barrel.



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Patriots beat Texans 41-28, Ravens up next


FOXBOROUGH, Mass. (AP) — Tom Brady idolized Joe Montana as a kid in the Bay Area. Now, he's surpassed his hero for postseason wins.


Brady got his 17th, the most for any quarterback, in New England's 41-28 AFC divisional victory over Houston on Sunday. If Brady can lead the Patriots past Baltimore in next weekend's conference title game, then win the Super Bowl, he'll equal the 49ers' Hall of Famer for NFL championships.


Brady has guided the Patriots to five Super Bowls, winning the first three; Montana was 4 for 4 in the big game, playing for Brady's hometown team.


"I grew up a 49ers fan," Brady said. "Joe Montana and Steve Young ... those guys are in another class."


Next up is Baltimore, which stunned top-seeded Denver in double overtime Saturday, and lost 23-20 at Gillette Stadium last January in the last step before the Super Bowl. But the Ravens beat the Patriots in Week 3 this season at Baltimore.


"I think the two best teams are in the final," Brady said. "Baltimore certainly deserves to be here and so do we."


Seldom-used Shane Vereen scored three times, twice on pinpoint throws from Brady, as New England (13-4) beat Houston (13-5) for the second time in a month.


Brady was missing some key helpers, but got the usual outstanding performance from Wes Welker, his favorite target the last six years. The AFC's top receiver with 118 catches this season, Welker looked like he might reach that total against Houston's befuddled defense. He caught six in the first half for 120 yards, including a 47-yarder, and wound up with eight for 131.


And the AFC East champion Patriots got more than anyone could have predicted from third-string running back Vereen, who scored their first two TDs on a 1-yard run and an 8-yard pass. He capped his biggest pro performance with an over-the-shoulder 33-yard catch early in the fourth period.


It was Brady's 41st postseason TD pass, behind only Brett Favre (44) and, you guessed it, Montana (45).


"I hope I am around for a few more years," the 35-year-old Brady said. "I love playing, I love competing ..."


The boost from Vereen offset the loss of tight end Rob Gronkowski (arm) and RB Danny Woodhead (thumb) in the first quarter.


"Shane had a great game, just a huge growing up moment for him, very special," Brady said. "There were a lot of guys who made a lot of plays."


New England's defense helped put away the Texans. Rob Ninkovich's leaping third-quarter interception stopped a drive, and six plays later, Brady hit Brandon Lloyd for a 6-yard score.


Although the Texans got two fourth-quarter TDs on passes by Matt Schaub, their season ended with four defeats in their last six games. That slump cost the AFC South champions the top seed in the playoffs, forcing a trip to New England after they beat Cincinnati in the wild-card round.


The Texans couldn't measure up.


Unlike their 42-14 loss here a month ago, the Texans didn't fold early. J.J. Watt, their dominating defensive end, bothered Brady, and when they fell behind 17-3, they had the fortitude to climb back.


Arian Foster did all the work after Danieal Manning's second big kickoff return, this one a 35-yarder that had 15 yards tacked on when kicker Stephen Gostkowski brought down Manning with a horse-collar tackle. The Pro Bowl runner covered all 47 yards on a five-play drive and his 1-yard run — he barely squeezed into the end zone — made it 17-10.


Houston forced a three-and-out, and a short punt gave the Texans another shot just before halftime. They got close enough for Shayne Graham to kick a 55-yard field goal as the half ended.


But the Patriots pulled away in the third quarter for coach Bill Belichick's 17th postseason win, third behind Tom Landry (20) and Don Shula (19).


Needing a quick jolt after being blown out by the Patriots on Dec. 10, the Texans got it on the opening kickoff from Manning. He took the ball 6 yards in his end zone and never hesitated in returning it. He broke free at the Houston 30 and wasn't run down until reaching the New England 12.


That spark didn't even last one play, though, and Houston wound up with Graham's 27-yard field goal 63 seconds in.


And when the Texans closed the first half with a 10-point spurt, they wasted the momentum by allowing a quick touchdown drive to open the third period. Brady went to the familiar (Welker and tight end Aaron Hernandez) on that series before second-year back Stevan Ridley scored on an 8-yard burst.


New England lost Gronkowski and Woodhead almost immediately. Gronkowski missed five regular-season games with a broken left forearm, but returned for the finale. Eight Patriots plays on offense and he was gone again.


So Brady found other targets; he probably could complete passes to Belichick for big gains.


Vereen was an unlikely star. After gaining 400 yards overall during the season, he picked up 124 against the Texans. He had four touchdowns in the regular season.


NOTES: New England has played in eight AFC championship games, going 7-1, including 5-1 with Brady and Belichick. ... Brady threw for 344 yards, and Schaub threw for 343. Schaub's TD passes were 25 yards to DeVier Posey and 1 to Foster. ... Foster had 90 yards rushing, the first time in four playoff games he did not reach 100. But his 515 tie for most in a player's first four playoff games with Denver's Terrell Davis.


___


Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL


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Politicians slam “extremely generous” wind power cable scheme






LONDON (Reuters) – A new system devised to attract investors to spending money on connecting Britain‘s offshore wind farms is too generous and does not offer a good deal for consumers, a parliamentary committee said on Monday.


The government wants a huge fleet of offshore wind farms to produce between 8 percent and 15 percent of Britain’s electricity by 2020 to reduce carbon emissions.






All wind farms built at sea need to be connected to the onshore grid by expensive subsea cables.


To ensure that the transmission cables are built, energy regulator Ofgem and the government’s Department of Energy and Climate Change have put in place a licence tender system whereby investors receive returns of 10-11 percent.


The Committee of Public Accounts, however, was critical of the system and described it as “extremely generous”.


“Not only is it unlikely that this new licensing system for bringing electricity from offshore wind farms onto the national grid will deliver any savings for consumers, it could well lead to higher prices,” committee chairwoman Margaret Hodge said.


Licencees will receive a total of about 17 billion pounds through the system, a cost that will eventually be passed on to consumers through electricity bills.


The committee interviewed representatives from the government, the regulator and the electricity industry to assess the new regime.


“We have not seen convincing evidence to show that there will be savings for consumers from this scheme compared with potential alternatives,” the committee said.


The politicians recommended that the regulator should consider imposing a system linked to retail prices and to request that investors disclose actual returns they make from operating the cables.


The committee said that the government and regulator should also analyse whether 20 years of guaranteed income is beneficial or whether shorter licence periods are necessary.


It was also concerned about competition in the offshore wind transmission market because four out of six licences that have already been issued were won by one company, Transmission Capital Partners.


“The department and the authority (regulator) must also ensure that the offshore electricity transmission market remains competitive and does not become an oligopoly,” the committee said.


(Reporting by Karolin Schaps; Editing by David Goodman)


Energy News Headlines – Yahoo! News





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Quest: U.S. economy to dominate Davos




The United States and the sorry state of its political and budgetary process will be the center of attention at Davos, writes Quest




STORY HIGHLIGHTS


  • Quest: Davos is a chance to see where the political and economic landmines are in 2013

  • Quest: People will be speculating about how dysfunctional the U.S. political process has become

  • Quest: Davos has been consumed by eurozone sovereign debt crises for three years




Editor's note: Watch Quest Means Business on CNN International, 1900pm GMT weekdays. Quest Means Business is presented by CNN's foremost international business correspondent Richard Quest. Follow him on Twitter.


(CNN) -- It is that time of the year, again. Come January no sooner have the Christmas trees been taken down, as the winter sales are in full vicious flood the world of business start thinking about going to the world economic forum, better known as Davos.


For the past three years Davos has been consumed by the eurozone sovereign debt crises.


As it worsened the speculation became ever more frantic.....Will Greece leave the euro? Will the eurozone even survive? Was this all just a big German trick to run Europe? More extreme, more dramatic, more nonsense.


Can China be the biggest engine of growth for the global economy. Round and round in circles we have gone on these subjects until frankly I did wonder if there was anything else to say short of it's a horrible mess!


This year there is a new bogey man. The US and in particular the sorry state of the country's political and budgetary process will, I have little doubt, be the center of attention.


Read more: More 'cliffs' to come in new Congress


Not just because Congress fluffed its big test on the fiscal cliff, but because in doing so it created many more deadlines, any one of which could be deeply unsettling to global markets... There is the $100 billion budget cutbacks postponed for two months by the recent agreement; postponed to the end of February.


At exactly the same time as the US Treasury's ability to rob Peter to pay Paul on the debt ceiling crises comes to a head.


Read more: Both Obama, GOP set for tough talks ahead


The Treasury's "debt suspension period" is an extraordinary piece of financial chicanery that if we tried it with our credit cards would get us locked up!! Then there is the expiration of the latest continuing resolution, the authority by which congress is spending money.


There is the terrifying prospect that all these budget woes will conflate into one big political fist fight as the US faces cutbacks, default or shutdown!!


I am being alarmist. Most rational people believe that the worst sting will be taken out of this tail....not before we have all been to the edge...and back. And that is what Davos will have on its mind.


People will be speculating about how dysfunctional the US political process has become and is it broken beyond repair (if they are not asking that then they should be...)




They will be pondering which is more serious for risk...the US budget and debt crises or the Eurozone sovereign debt debacle. A classic case of between the devil and the deep blue sea.




The official topic this year is Resilient Dynamism. I have absolutely no idea what this means. None whatsoever. It is another of WEF's ersatz themes dreamt up to stimulate debate in what Martin Sorrell has beautifully terms "davosian language" In short everyone interprets it as they will.




What I will enjoy, as I do every year, is the chance to hear the global players speak and the brightest and best thinkers give us their take on the global problems the atmosphere becomes febrile as the rock-stars of finance and economics give speeches, talk on panels and give insight.




Of course comes of these musings, it never does at Davos. That's not the point. This is a chance to take stock and see where the political and economic landmines are in 2013. I like to think of Davos as the equivalent of Control/Alt/Delete. It allows us to reboot.


We leave at least having an idea of where people stand on the big issues provided you can see through the panegyrics of self congratulatory back slapping that always takes place whenever you get like minded people in one place... And this year, I predict the big issue being discussed in coffee bars, salons and fondue houses will be the United States and its budgetary woes.







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Dozens of business leaders endorse gay marriage in Illinois









Dozens of Illinois business leaders and several companies publicly endorsed gay marriage Sunday in an attempt to reignite the issue after a proposed bill failed to get traction in Springfield this month.


State lawmakers aren't scheduled to be at the Capitol much until early February, and sponsors of a measure to grant gay and lesbian couples the freedom to marry are likely to need some time to win over dozens of rookie colleagues. But in an open letter issued Sunday, business executives stated their case to lawmakers that marriage equality would strengthen the Illinois workforce and boost economic development.


"To be competitive, a state must create an equitable, fair and respectful environment for all of its citizens," the letter said. "For this reason — among others — it is vitally important that Illinois lawmakers enact marriage equality soon."





In addition to Google, Orbitz Worldwide and Groupon, individual signers of the letter include Desiree Rogers, CEO of Johnson Publishing Co.; Lance Chody, CEO of Garrett Popcorn Shops; Fred Eychaner, chairman of the Newsweb Corp.; and Laura Ricketts, co-owner of the Chicago Cubs. Eychaner and Ricketts are openly gay executives who are helping fund the statewide push for same-sex marriage, the Tribune has reported.


Earlier this month, opposition challenged supporters' optimism. In addition to Chicago's Cardinal Francis George and other Catholic bishops across the state, a coalition of Muslims, Mormons, Missouri Synod Lutherans and conservative Anglicans urged Illinois lawmakers not to extend marriage to same-sex couples.


The bishops and ministers from about 1,700 Illinois congregations and ministries said the attempt to alter the state's definition of marriage threatens an institution that society counts on as the ideal environment for raising children and teaching men and women to depend on each other.


While the bill exempts religious institutions from having to consecrate same-sex marriages, religious leaders worry that it would not protect their rights to freely exercise their religious beliefs because they would have to treat same-sex unions as the equivalent of marriage in their business practices. For example, they might be forced to provide health insurance to an employee's same-sex spouse.


John Rowe, chairman emeritus of Exelon, said attending the same-sex weddings of friends in New York last year convinced him to sign the endorsement.


"We saw how moving it was for them, and I suppose that's part of what caused me to say 'Why deny one group this moment of faith and hope and celebration that everybody else has?'" Rowe said.


The letter contends that states such as New York, where gay marriage is legal, now have a competitive edge over Illinois.


"States with the metro areas of New York City, Seattle, Boston, and Baltimore have already legalized marriage equality," the letter said. "Here in the Midwest, Iowa has granted full marriage equality, while Minnesota is poised to do the same later this year. Illinois simply cannot afford to be less competitive than other states."


mbrachear@tribune.com


Twitter @TribSeeker



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