Silver and Gold Prices: The Gold Price Up and Poised to Rise ...

Gold Price Close Today : 1,683.40
Change : 14.50 or 0.87%

Silver Price Close Today : 31.498
Change : 0.418 or 1.34%

Gold Silver Ratio Today : 53.445
Change : -0.252 or -0.47%

Silver Gold Ratio Today : 0.01871
Change : 0.000088 or 0.47%

Platinum Price Close Today : 1688.00
Change : 31.70 or 1.91%

Palladium Price Close Today : 712.60
Change : 10.05 or 1.43%

S&P 500 : 1,472.34
Change : 1.66 or 0.11%

Dow In GOLD$ : $166.21
Change : $ 7.50 or 4.73%

Dow in GOLD oz : 8.040
Change : 0.363 or 4.73%

Dow in SILVER oz : 429.71
Change : -4.89 or -1.13%

Dow Industrial : 13,534.89
Change : 27.57 or 0.20%

US Dollar Index : 79.77
Change : 0.268 or 0.34%

The GOLD PRICE rose $14.50 (0.87%) by Comex closing time to finish at $1,683.40. That came after a high at $1,698.50 and a low at $1,648.

Let's get our bearings. Where standeth gold? ABOVE its 200 DMA ($1,662.79), its 150 DMA ($1,678.06), its 20 DMA ($1,666.81) but below its 50 DMA ($1,696.57). MACD has turned up, RSI is rising, lark's on the wing and snail's on the thorn. It's springtime, come early. And today gold burst through the downtrend line from the November $1,755 high.

Yet stands in gold's road more resistance. Downtrend line from the October high at $1,798 stands about $1,715, and the GOLD PRICE ain't nothing till it clears that barrier.

But clearly it's working on it.

The SILVER PRICE rose 41.8 cents (1.34%) to close at 3149.8c and leave 3100c resistance in the dust.

Where in the world is silver? From a spike low to 2920c on 4 January silver has made a 45 degree rise up through its 200 DMA (3068c), its 300 DMA (3121c), its 20 DMA (3058c), and stands not far from its 50 DMA at 3198c. Yesterday it broke through the downtrend line from the November 3449c high.

That 50 DMA and 3200c resistance are the next hurdle.

Every day brings more and stronger confirmation that the 4 January lows were the bottom of the correction. I have been buying and buying. Silver above 3200c and gold above $1,685 is a buy again tomorrow.

Big doings in today's markets, with news out of Germany about repatriating gold reserves and platinum running past gold for the first time since May 2012.

News out of the Deutsche Bundesbank announces they will re-arrange their gold storage (now 45% in New York, 13% in London, 11% in Paris, and 31% in Frankfurt). Exactly how they will re-arrange this storage wasn't declared. Gold shot up on this news because loads of suspicious folks believe that central banks have loaned out most of their gold and thus a large German repatriation would put pressure on the phantom supplies of central banks, including the Federal Reserve.

Now in America we always know how to tell when a federal government or Federal Reserve official is lying: his lips are moving. In Germany, however, government officials act differently. They lie in German.

What meaneth this hubbub about platinum rising above gold's price? Simply that the smaller, more volatile platinum GENERALLY (not always) trades higher than gold. It went below gold in August 2011, struggled into May 2012 to rise back to even, then couldn't hold there and fell to a July 2012 low of 85% of gold. That correction and struggle to advance generally signals trouble for silver and gold since folks expect platinum to trade above gold. When it doesn't, there's trouble in the air. By the same token, strong platinum promises strength in silver and gold, too.

But one chigger maketh not a summer. Platinum must continue rising against gold or this signal stops flashing green.

Meanwhile the contemptible, scabby US dollar index rose 26.8 basis points (0.34%) to 79.767. Right now 79.80 resistance is stopping it like a Flit gun stops cockroaches. Not impressed: only bounced off the downtrend line it broke out of first of the year. Wait to see if it can come back. Bernanke cannot want a sharply higher dollar squeezing off American exports. When it comes to a choice between common sense and politics, politics always trumps.

After three days of sprinting, the euro backed off today to 1.3307, down 0.55%. Unless it closes below $1.3200 it's targeting $1.3500.

The Japanese Nice Government Man in charge of the economy (yes, this precisely resembles putting an alcoholic in charge of the wine cellar) caught markets by surprise by warning against a weaker yen. Since nothing happens in politics unless it's meant to happen, only an investor in government bonds would believe that this NGM just shot his mouth off accidentally. NGM feel the yen has fallen enough. Gained 0.82% today to 112.62 c/Y100. With a huge short position on board, any yen reversal should climb quick and mean as the shorts panic.

Aren't you glad you own silver and gold, so you don't have to worry about all the shabby tricks played by the gabby crooks who run these scabby currencies to dupe their victims into holding their flabby currencies?

Stocks inched up a little more today. Dow tested ground at 13,450, then climbed the rest of the day. Advanced 27.57 (0.2%) to 13,534.89. S&P gained only 0.11% (1.66) to 1,472.34.

I'm still puzzling over that Dow in gold chart. It made what looked like an island reversal top, then fainted like your self-confidence when somebody points out that lettuce stuck between your front teeth. But rather than follow through lower, in the first days of the year it soared, even gapped up to the downtrend line, where it has since bubbled like stew when the propane tank is nearly empty -- lower and lower all the time. And very gappy. Looks very indecisive and timid. If the Dow in Gold closes below 7.99 oz, the 20 DMA, then the plunge will be something to behold.

A similar pattern has painted the Dow in Silver chart, but it hath already broken down below the 20 dma (now 435.14), closing today at 431.53.

One final confirmation by the Dow in Gold will have both these indicators SCREAMING that silver and gold are about to surge against stocks.

Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.

- Franklin Sanders, The Moneychanger
The-MoneyChanger.com
1-888-218-9226
10:00am-5:00pm CST, Monday-Friday

? 2012, The Moneychanger. May not be republished in any form, including electronically, without our express permission.

To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down.

WARNING AND DISCLAIMER. Be advised and warned:

Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.

NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps.

NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced.

NOR do I recommend buying gold and silver on margin or with debt.

What DO I recommend? Physical gold and silver coins and bars in your own hands.

One final warning: NEVER insert a 747 Jumbo Jet up your nose. No, I don't.

Source: http://silver-and-gold-prices.goldprice.org/2013/01/the-gold-price-up-and-poised-to-rise.html

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Family Escapes Fire At Sacramento Home ? CBS Sacramento

SACRAMENTO (CBS13) ? Smoke detectors are being credited with waking a sleeping family to a fire at their Sacramento home.

It was around 1:30 a.m. Wednesday when smoke detectors started going off at the home on Arbor Crest and Kelton ways.

The family managed to get out of the home as flames and smoke filled the garage. Firefighters were able to keep the fire from spreading to the rest of the home.

The cause of the fire is under investigation.

Source: http://sacramento.cbslocal.com/2013/01/16/family-escapes-fire-at-sacramento-home/

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Twitter (for iPhone)

Despite recent user uproar over the loss of Instagram images displaying on Twitter (photos posted via Instagram now open in a separate window), Twitter remains one of the most active and attractive social networks. And the mobile experience is key to its success. The official Twitter iPhone app (free) balances simplicity with essential features, such as the ability to maintain more than one account from the app, well enough to keep it relevant among contenders. It also doesn't hurt that Twitter purchased its main competitor TweetDeck thus preventing that app from outpacing its own.

Stability and reliability also count for something, and, while Twitter delivers well enough on both counts, it's still far from perfect on either?that's a big reason we've scored Twitter a four out of five stars. Drafted tweets sometimes hang in the ether until you delete them and start afresh. The site goes down from time to time. But, all in all, the app loads and refreshes quickly and smoothly, particularly on Apple's Phone 5, with the help of that amazing little A6 processor.

Professional social media-ites, however, continue to load their smartphones with a social aggregator app, such as Hootsuite (free, 4 stars) or Seesmic, a one-stop-shop for keeping pace with not just multiple Twitter accounts, but multiple accounts across various social networks.

Design and New Features
A clean user experience and smart design put the Twitter iPhone app in the big leagues. In the early days of Twitter, its own apps weren't as competitive and feature-rich as those third parties built for the 140-character network. The iPhone app was Twitter's first mobile version to fully mature, and after five major iterations (this review looks at version 5.2) the official Twitter-branded app is the way to go for many users. Best of all, if you don't have a Twitter account and aren't interested in joining, you can still use the app to search and read the site.

No Account and Multi-Account Features
After downloading and installing the Twitter app from the iTunes Store, you can start using the app immediately, even before you authenticate an account. The app mimics Twitter's website by allowing even non-members to search and read the site, a token feature that will surely win over lurkers far and wide.

More likely than not, though, if you're downloading the app, you do have a Twitter user name and password, and perhaps more than one. Sign in with one of them to start. To add more accounts, you first have to be logged in?then tap the options button (three circles at bottom right), select Accounts & Settings, and use the plus sign at the top right to add more accounts). After you've set up all your accounts, you can toggle between them using the Accounts button. Switching among accounts is easy, fast, and efficient.

Design and Photo Effects
Rather than bombard your eyes with a cacophony of color, the Twitter app sticks to a more sophisticated color scheme of black and white, reserving muted shades of digital bluebird blue for the top spanner only. It looks practical without being too serious, a simple design that takes into consideration the growing number of business users and content on the site. The app's look is sharp enough to still be appealing to people who use Twitter for personal or casual reasons, too.

A nice touch on the interactive side: Double-tapping the home icon at the lower left forces the window to scroll back to the top automatically, which means less finger flicking for users.

The newest feature, photo filters, mimics the basic functionality of photo-sharing site Instagram to a large extent, and it's only available on Twitter's mobile apps, not the website. Snap a photo using your iPhone, and Twitter offers dramatic filter effects, cropping and resizing tools, and an auto-enhance button.

Twitter has eight photo effects in all: vignette, black and white, warm, cool, vintage, cinematic, happy, and gritty. A ninth option in the interface is "No Filter," which I'm going to say doesn't count. You can see all the photo filters applied to the same image in a grid, helping you decide which one is best among your choices, which is quite different from the Instagram experience in which you swipe through previews but can't see side-by-side comparisons. Twitter also does offer the ability to page through the images one by one in a slideshow, if you prefer (I don't).

Drafts
Each account has its own options panel, where you can access your profile, account settings, user lists that you follow, favorite tweets, and drafts of tweets that haven't been sent yet. Drafts would be one of my favorite features of the Twitter app, except that it's slightly confusing when you look at the options that are available.

It seems as if you can enter the draft area and write a message (pen-on-paper icon) to save as a draft. But once you compose your message, the options are "send" or "cancel." There's no "save as a draft" immediately apparent; there is an option to "save as draft" if you select cancel, but I hate that it's not where I expect it to be. If you select send, the message goes live immediately. Tweets also save as drafts when the site goes down or you have connectivity problems. But in my experience, these drafts can sometimes hang in limbo for eternity, never posting no matter how long I wait after regaining service. All that's left to do is copy the text, delete the original message, and paste the content into a new tweet.

Twitter's iPhone app doesn't have the ability to schedule tweets to post at another date and time, a highly desired feature. Social media power users who need this feature can find it in an aggregation app, like Hootsuite and Seesmic.

The Twitter-Branded App
The official Twitter app for iPhone is a well-established and reliable app for the site, and it will be the one I continue to use for my Twitter account. It loads and refreshes quickly, seldom crashes, and covers the essential things a non-professional tweeter would want to do on Twitter from an iPhone, like post photos and receive notifications of new @ messages. It's not flooded with features, as some of the aggregator apps are, but balances goodies with functionality well for a mobile app.

The Twitter app for iPhone is ideal for average or casual Twitter users, but for handling accounts across multiple social media sites?such as Facebook, Foursquare, LinkedIn, and the rest?aggregator tools like Hootsuite and Seesmic are still more efficient. Professional tweeters should stick with those apps.

More iPhone App Reviews:
??? MapQuest (for iPhone)
??? Waze (for iPhone)
??? TripRider (for iPhone)
??? Twitter (for iPhone)
??? Flickr (for iPhone)
?? more

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/ViEtsAxGm4A/0,2817,2391634,00.asp

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Missoni scion on small plane missing in Venezuela

ROME (AP) ? Italian state radio says a son of the Missoni fashion family is among six passengers on a small plane that has gone missing over islands off the Venezuelan coast.

Venezuela's Interior Minister Nestor Reverol said the plane was declared missing hours after taking off Friday from Los Roques, a string of islands, cays and islets that is popular for scuba diving, white beaches and coral reefs. He said the plane was expected at Simon Bolivar International Airport in Caracas but didn't arrive and that the four Italian tourists aboard had spent their Christmas and New Year at the resort. The plane had two Venezuelan crew members.

The Italian radio report Saturday says among those on board are Vittorio Missoni and his wife, and two of their friends from northern Italy.

Source: http://news.yahoo.com/missoni-scion-small-plane-missing-venezuela-094800171.html

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Bryan Fischer Fantasizes About "Stilettos, a Dress, and Dangly Earrings" (Little green footballs)

Share With Friends: | | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/274932631?client_source=feed&format=rss

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Indian court to rule on generic drug industry

FILE - In this March 13, 2012 file photo, Indian scientists work inside a laboratory of the Research and Development Centre of Natco Pharma Ltd. in Hyderabad, India. From Africa's crowded AIDS clinics to the malarial jungles of Southeast Asia, the fate of millions of people awaits a ruling by India's highest court that could determine whether the country's drug companies can continue to provide cheap versions of many life-saving medicines. (AP Photo/Mahesh Kumar A., File)

FILE - In this March 13, 2012 file photo, Indian scientists work inside a laboratory of the Research and Development Centre of Natco Pharma Ltd. in Hyderabad, India. From Africa's crowded AIDS clinics to the malarial jungles of Southeast Asia, the fate of millions of people awaits a ruling by India's highest court that could determine whether the country's drug companies can continue to provide cheap versions of many life-saving medicines. (AP Photo/Mahesh Kumar A., File)

FILE ? In this Jan. 29, 2007 file photo, Indian police officers block demonstrators protesting against Swiss drug maker Novartis AG's case against Indian government on drug patents in New Delhi, India. The case - involving Novartis AG's cancer drug Glivec - pits aid groups that argue India plays a vital role as the pharmacy to the poor against drug companies that insist they need strong patents to make drug development profitable. A ruling by India?s Supreme Court is expected in early 2013. (AP Photo/Saurabh Das, File)

FILE - In this Dec. 21, 2012 file photo, an Indian activist from health groups holding placards as they participate in a protest against Swiss drug maker Novartis AG outside their office in Mumbai, India. The case - involving Novartis AG's cancer drug Glivec - pits aid groups that argue India plays a vital role as the pharmacy to the poor against drug companies that insist they need strong patents to make drug development profitable. A ruling by India?s Supreme Court is expected in early 2013. (AP Photo/Rajanish Kakade, File)

NEW DELHI (AP) ? From Africa's crowded AIDS clinics to the malarial jungles of Southeast Asia, the lives of millions of ill people in the developing world are hanging in the balance ahead of a legal ruling that will determine whether India's drug companies can continue to provide cheap versions of many life-saving medicines.

The case ? involving Swiss drug maker Novartis AG's cancer drug Glivec ? pits aid groups that argue India plays a vital role as the pharmacy to the poor against drug companies that insist they need strong patents to make drug development profitable. A ruling by India's Supreme Court is expected in early 2013.

"The implications of this case reach far beyond India, and far beyond this particular cancer drug," said Leena Menghaney, from the aid group Doctors Without Borders. "Across the world, there is a heavy dependence on India to supply affordable versions of expensive patented medicines."

With no costs for developing new drugs or conducting expensive trials, India's $26 billion generics industry is able to sell medicine for as little as one-tenth the price of the companies that developed them, making India the second-largest source of medicines distributed by UNICEF in its global programs.

Indian pharmaceutical companies such as Cipla, Cadila Laboratories and Lupin have emerged over the past decade as major sources of generic cancer, malaria, tuberculosis and AIDS drugs for poor countries that can't afford to pay Western prices.

The 6-year-old case that just wrapped up in the Supreme Court revolves around a legal provision in India's 2005 patent law that is aimed at preventing companies from getting fresh patents for making only minor changes to existing medicines ? a practice known as "evergreening."

Novartis' argued that a new version of Glivec ? marketed in the U.S. as Gleevec ? was a significant change from the earlier version because it was more easily absorbed by the body.

India's Patent Controller turned down the application, saying the change was an obvious development, and the new medicine was not sufficiently distinct from the earlier version to warrant a patent extension.

Patient advocacy groups hailed the decision as a blow to "evergreening."

But Western companies argued that India's generic manufacturers were cutting the incentive for major drug makers to invest in research and innovation if they were not going to be able to reap the exclusive profits that patents bring.

"This case is about safeguarding incentives for better medicines so that patients' needs will be met in the future," says Eric Althoff, a Novartis spokesman.

International drug companies have accused India of disregarding intellectual property rights, and have pushed for stronger patent protection that would weaken India's generics industry.

Earlier this year, an Indian manufacturer was allowed to produce a far cheaper version of the kidney and liver cancer treatment sorefinib, manufactured by Bayer Corp.

Bayer was selling the drug for about $5,600 a month. Natco, the Indian company, said its generic version would cost $175 a month, less than 1/30th as much. Natco was ordered to pay 6 percent in royalties to Bayer.

Novartis says the outcome of the new case will not affect the availability of generic versions of Glivec because it is covered by a grandfather clause in India's patent law. Only the more easily absorbed drug would be affected, Althoff said, adding that its own generic business, Sandoz, produces cheap versions of its drugs for millions across the globe.

Public health activists say the question goes beyond Glivec to whether drug companies should get special protection for minor tweaks to medicines that others could easily have uncovered.

"We're looking to the Supreme Court to tell Novartis it won't open the floodgates and allow abusive patenting practices," said Eldred Tellis, of the Sankalp Rehabilitation Centre, a private group working with HIV patients.

The court's decision is expected to be a landmark that will influence future drug accessibility and price across the developing world.

"We're already paying very high prices for some of the new drugs that are patented in India," said Petros Isaakidis, an epidemiologist with Doctors Without Borders. "If Novartis' wins, even older medicines could be subject to patenting again, and it will become much more difficult for us in future to provide medicines to our patients being treated for HIV, hepatitis and drug resistant TB."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-01-04-India-Poor's%20Pharmacy/id-ed96572c399c453bafdec70a16828c58

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Safety Survey Reveals Lab Risks

An international poll provides a lens into lab workers' attitudes to workplace welfare. Image: Flickr/mars_discovery_district

Scientists may have a false sense of security about the safety of their laboratories, according to early results from the first international survey of researchers? workplace attitudes and practices.

Some 86% of the roughly 2,400 scientists who responded said that they believe their labs are safe places to work. Yet just under half had experienced injuries ranging from animal bites to chemical inhalation, and large fractions noted frequent lone working, unreported injuries and insufficient safety training on specific hazards (see ?A question of safety?).

?Understanding this disparity will be key to positively changing safety culture,? says James Gibson, head of environmental health and safety at the University of California, Los Angeles (UCLA). The university?s Center for Laboratory Safety, a research initiative set up in March 2011, commissioned the study as part of a wave of US-led efforts to examine safety culture following the shocking death of a 23-year-old research assistant, Sheharbano Sangji. She received horrific burns in a UCLA lab fire four years ago (see Nature http://doi.org/dnws3n; 2009), and her supervisor, organic chemist Patrick Harran, may face a criminal trial over her death. Other incidents, including a second lab death, at Yale University in New Haven, Connecticut, in 2011 (see Nature 472, 270?271; 2011), have added to the concerns.

The study ?is the most comprehensive attempt at gathering data on attitudes to safety that I?ve seen???and one more piece of information in a growing body of reports that point to the need to improve the culture around safety in our academic laboratories,? says Dorothy Zolandz, director of the US National Academies Board on Chemical Sciences and Technology. Nature Publishing Group,the publisher of Nature, helped to launch the survey, as did the firm BioRAFT, which provides software for safety compliance and receives investment from Digital Science, a sister company to Nature Publishing Group. UCLA?s Center for Laboratory Safety plans to analyze the data more closely later this year, but shared early results with Nature.

Part and parcel
Some of the anonymized survey participants ? who were mostly from the United States and United Kingdom, but also hailed from Europe, China and Japan ? felt that any injuries they sustained were just part of the job. ?Was scratched by a monkey,? one scientist wrote. ?It?s bound to happen in that line of work, no matter how careful you are.? Another was bitten while extracting venom from rattlesnakes; a third reported being sprayed on the face and hands with sulphuric acid, leading to US$3,000 of dermatology treatments. The most common injuries were minor???cuts, lacerations and needle pricks???but 30% of respondents said they had witnessed at least one ?major? lab injury, something that required attention from a medical professional. More than one-quarter of junior researchers said that they had experienced an injury that they hadn?t reported to their supervisor.

Yet the overwhelming majority of respondents asserted that their labs were safe places to work, that they had received sufficient safety training to minimize injury and that appropriate safety measures had been taken to protect employees. This level of comfort is similar to that found in other, smaller surveys, says Ralph Stuart, secretary of the American Chemical Society?s health and safety division (which has conducted its own surveys on the matter).

But more specific questions in the survey reveal that safety standards are often not adhered to. Only 60% said they had received safety training on specific hazards or agents they worked with, and around half agreed that lab safety could be improved, with chemists (60%) most likely to feel this, and neuroscientists (30%) significantly less so.

Source: http://rss.sciam.com/click.phdo?i=6e730019870a4dba7a12c04c2fbafc8d

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Pa. governor sues NCAA for Penn State sanctions

Pennsylvania Gov. Tom Corbett speaks at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

Pennsylvania Gov. Tom Corbett speaks at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

Pennsylvania Gov. Tom Corbett speaks at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

Pennsylvania Gov. Tom Corbett speaks at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

Pennsylvania Gov. Tom Corbett, center at podium, speaks at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

Pennsylvania Gov. Tom Corbett gestures while speaking at a news conference Wednesday, Jan. 2, 2013 in State College, Pa. The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Corbett said in announcing a federal lawsuit against the college athletics governing body. (AP Photo/Ralph Wilson)

STATE COLLEGE, Pa. (AP) ? The NCAA imposed landmark sanctions against Penn State over the Jerry Sandusky sex abuse scandal in a cynical ploy to weaken the university and enhance its own dismal reputation, Pennsylvania's governor claims in an unprecedented federal antitrust lawsuit against college sports' governing body.

Gov. Tom Corbett said the NCAA veered dramatically from its own disciplinary rules and procedures when it decreed last summer that Penn State would pay a $60 million fine, and the football team would suffer a four-year postseason ban and a dramatic reduction in the number of athletic scholarships it could offer.

Corbett wants a federal judge to throw out the sanctions, saying they have harmed students, business owners and others who had nothing to do with the former assistant football coach's crimes against children.

"A handful of top NCAA officials simply inserted themselves into an issue they had no authority to police under their own bylaws and one that was clearly being handled by the justice system," Corbett told a news conference on Wednesday.

In a statement, the NCAA said the lawsuit has no merit and called it an "affront" to Sandusky's victims.

Penn State said it had no role in the lawsuit. In fact, it agreed not to sue as part of a deal with the NCAA to accept the sanctions, imposed last July after an investigation found that coach Joe Paterno and other top officials covered up sexual-abuse allegations against Sandusky, a former member of Paterno's staff, for more than a decade in order to shield the university from bad publicity.

The lawsuit filed Wednesday represents an about-face for Corbett. Six months ago, he encouraged Penn State to "accept the serious penalties" imposed by the NCAA.

The deal was highly unpopular with many fans, students and alumni. Corbett, who is up for re-election next year, deflected a question about whether his response has helped or hurt him politically.

"We're not going to get into the politics of this," he said.

Corbett, who appeared on national TV and Pennsylvania talk-radio shows in the state's two largest cities Thursday morning, defended his change of heart.

In an interview on KDKA radio in Pittsburgh, Corbett said he changed his mind after concluding that top NCAA officials had bypassed internal committees set up specifically to review and impose sanctions.

"My thought process at the time was, well, if you belong to an association, you have to play by the rules of the association," the governor said. "We looked at the rules of the association and we think that the association didn't play by the rules."

Corbett, a member of the Penn State board of trustees by virtue of his office, said he waited until now to sue over because he wanted to thoroughly research the legal issues and avoid interfering with the football season.

The state's lawsuit alleges the NCAA violated the Sherman Antitrust Act, which prohibits agreements that restrain interstate commerce. It claims the NCAA "cynically and hypocritically exploited the tragedy" in order to "gain leverage in the court of public opinion, boost the reputation and power of the NCAA's president, enhance the competitive position of certain NCAA members, and weaken a fellow competitor."

The NCAA punished Penn State "without citing a single concrete NCAA rule that Penn State has broken, for conduct that in no way compromised the NCAA's mission of fair competition, and with a complete disregard for the NCAA's own enforcement procedures," the suit added.

Legal experts called it an unusual case whose outcome is difficult to predict.

Howard Langer, a Philadelphia-based attorney specializing in antitrust law, said the state must show the NCAA acted in a way that hurt competition and inflicted the "type of injury that antitrust laws were intended to remedy."

The NCAA has faced antitrust litigation before, with mixed results. In 1984, the Supreme Court ruled against the NCAA's exclusive control over televised college football games. And in 1998, the Supreme Court let stand a ruling that said the NCAA's salary cap for some assistant coaches was unlawful price-fixing.

But federal courts have consistently rejected antitrust challenges to NCAA rules and enforcement actions designed to preserve competitive balance, academic integrity and amateurism in college athletics.

In this case, the courts might not be as sympathetic to the NCAA, said Matthew Mitten, director of the National Sports Law Institute at Marquette University Law School in Milwaukee.

"It's difficult to justify the sanctions as necessary to protect the amateur nature of college sports, preserve competitive balance or maintain academic integrity," he said.

Joseph Bauer, an antitrust expert at the University of Notre Dame law school, said of Corbett's line of reasoning: "I don't think it's an easy claim for them to make, but it's certainly a viable claim."

Sandusky, 68, was convicted in June of sexually abusing 10 boys over a 15-year period, some of them on Penn State's campus. He is a serving a 30- to 60-year prison sentence.

Michael Boni, a lawyer for one of the victims, said he does not consider the lawsuit an affront. But he said he hopes Corbett takes a leading role in pushing for changes to state child-abuse laws.

"I really question who he's concerned about in this state," Boni said.

Corbett, a Republican, said his office did not coordinate its legal strategy with state Attorney General-elect Kathleen Kane, who is scheduled to be sworn in Jan. 15. Instead, the current attorney general, Linda Kelly ? a Corbett appointee ? granted the governor authority to pursue the matter.

Kane, a Democrat, ran on a vow to investigate why it took prosecutors nearly three years to charge Sandusky. Corbett was attorney general when his office took over the case in 2009.

Kane had no comment on the lawsuit because she was not consulted about it by Corbett's office.

Paterno's family members said in a statement that they were encouraged by the lawsuit. Corbett "now realizes, as do many others, that there was an inexcusable rush to judgment," they said.

The NCAA erased 14 years of victories under Paterno, who was fired when the scandal broke in 2011 and died of lung cancer a short time later.

An alumni group, Penn Staters for Responsible Stewardship, applauded the lawsuit but said Corbett should have asked questions when the NCAA agreement was made.

"If he disapproved of the terms of the NCAA consent decree, or if he thought there was something illegal about them, why didn't he exercise his duty to act long before now?" the group said.

___

Associated Press writers Michael Rubinkam and Peter Jackson in Harrisburg, Pa., contributed to this story.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-01-03-Penn%20State-Abuse-Lawsuit/id-ead3dff3529c40d5a7e566d1283ff1c0

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Why the GOP Should Talk About Money and Not Conservatism 01 ...

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Kris Allen Breaks Arm In New Year's Car Accident, Announces Fatherhood

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Just Yell At This Voice-Controlled AC Unit When It Gets Too Cold

One day we'll probably take for granted the ability to just tell our devices and appliances what we want or need, but for now voice-controlled technology is new and novel. The latest appliance to start listening to our demands is LG's new Whispen air conditioner, although the tall free-standing device looks more like a droid. More »

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Black-eyed pea and cornbread skillet

Black-eyed peas on New Year's Day is a Southern tradition loved by many. Here is a variation that bakes black-eyed peas beneath a cornbread topping.

By Perre Coleman Magness,?The Runaway Spoon / December 31, 2012

Simmer black-eyed peas with country ham, onions, tomatoes, chilis, and seasoning before baking beneath a crusty cornbread topping.

The Runaway Spoon

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No self-respecting Southerner, I boldly say, would let New Year?s Day pass without at least one bite of black-eyed peas. They are supposed to bring good fortune for the New Year, and everyone can use a little bit of that. Hoppin? John is traditional in many quarters, but peas slowly cooked with a piece of pork are the norm for many. I like to vary my black-eyed pea intake, from my classic recipe to a big bowl of Good Luck Gumbo. But no matter how you eat them, cornbread is the traditional accompaniment to black-eyes. So here?s a recipe that kills two birds with one stone, and is tasty to boot.

Skip to next paragraph Perre Coleman Magness

The Runaway Spoon

Perre Magness has studied food and cooking around the world, mostly by eating, but also through serious study. Coursework at Le Cordon Bleu London and intensive courses in Morocco, Thailand and France has broadened her own culinary skill and palate. The kitchen of choice is at home, cooking like most people, experimenting with unique but practical ideas.

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This recipe is very simple, though it has a couple of steps. It?s easily done while watching the football game, which I understand is a popular New Year?s Day activity, or while resting on the sofa after some late-night revelry. Season this to your own tastes, lots of spicy Creole seasoning or just a touch, tomatoes with green chile or without. I find country ham ?biscuit slices? readily at most markets in vacuum packages, but whole slices are just fine. Chopped ?seasoning pieces? are great for seasoning, but don?t make great eating, so avoid them. For some prosperity to go with your New Year optimism, serve these with greens, like Foldin? Money Cabbage.

Black-eyed Pea and Cornbread Skillet

Serves 4

For the Black-eyed Peas

4 ounces center cut country ham biscuit slices

4 cups of water

Half of a small yellow onion

2 garlic cloves

2 bay leaves

1 teaspoon Creole seasoning (I like Tony Chachere?s)

12 ounces frozen black-eyed peas

3 green onions, white and light green part only, finely chopped

2 tablespoons butter

1 tablespoon flour

1 (14.5-ounce can) diced tomatoes with green chile (or plain diced tomatoes), drained

Salt to taste

For the Cornbread:

1 cup yellow cornmeal

1 teaspoon baking soda

1/2 teaspoon salt

2 cups buttermilk

1 egg

2 tablespoons butter, melted and cooled

For the Black-eyed Peas:

Cut the country ham into small cubes and put it in a saucepan with the halved onion, garlic and bay leaves. Pour over 4 cups of water. Bring to a boil, skim off any scum that rises, lower the heat to medium low and simmer, covered, for 30 minutes. Add the black-eyed peas and 1/2 teaspoon of the creole seasoning.? Simmer for 1 hour, or until the peas are tender.

Drain the peas, reserving the cooking liquid. Discard the onion, garlic and bay leaves. Rinse out the bean pot and return it to the heat. Melt the butter in the pot, then add the chopped green onions and cook until soft and translucent, but do not brown. Sprinkle in the flour and stir until smooth and pale. Stir in 1 cup of the cooking liquid and cook until the sauce is thickened and reduced slightly, about 8 minutes.? Season with the remaining 1/2 teaspoon Creole seasoning (or to taste). When the sauce has thickened, add the peas and ham and stir to coat. Stir in the drained tomatoes and cook until the sauce has reduced a bit more and just coats the peas, about 5 minutes. Taste for seasoning and add salt if needed.

Brush a 10-inch cast iron skillet with oil.? Scrape the cooked peas into the skillet and smooth the top.? Set aside while you make the cornbread.

For the Cornbread:

Preheat the oven to 350 degrees F.

Stir the cornmeal, baking soda and salt together in a bowl using a fork. In a large measuring jug, measure the buttermilk, then add the egg and melted butter and beat until combined. Pour the buttermilk into the dry ingredients and stir until just combined. Spread the cornbread batter over the top of the peas in the skillet. Carefully transfer the skillet to the oven and bake for 30 minutes, or until the cornbread is puffed, golden, and set.

Serve immediately.

Related post on The Runaway Spoon: Black-eyed peas for luck

The Christian Science Monitor has assembled a diverse group of food bloggers. Our guest bloggers are not employed or directed by The Monitor and the views expressed are the bloggers' own and they are responsible for the content of their blogs and their recipes. All readers are free to make ingredient substitutions to satisfy their dietary preferences, including not using wine (or substituting cooking wine) when a recipe calls for it. To contact us about a blogger, click here.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/HvCHJc1n9FI/Black-eyed-pea-and-cornbread-skillet

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