(CNN) — Former Arizona Rep. Gabby Giffords completed an 11-mile cycling event Saturday, marking another milestone in her recovery from a 2011 mass shooting.
She was greeted with cheers and applause at the finish line.
Alongside her husband, former astronaut Mark Kelly, Giffords crossed the finish line of El Tour de Tucson riding a recumbent bike, which has three wheels and puts the rider in a reclining position.
Organizers say some 9,000 people participate in the annual ride, which they call America’s largest perimeter cycling event for cyclists of all ages and abilities
This topic is not one I know as much about as GGT and some others here, but when i read this story I had to share it:
AnnaLynne McCord has broken her silence about being raped by a friend when she was 18.
The 26-year-old actress reveals in the new issue of Cosmopolitan that when she was living in Los Angeles as a teenager auditioning for TV roles, she suddenly woke up one night to find her friend inside of her.
‘At first, I felt so disoriented and numb, I closed my eyes and pretended to be asleep,’ she says. ‘I wondered if I had done something to give him the wrong idea. I felt afraid of making him angry.
AnnaLynne, who has been dating actor Dominic Purcell since 2011, describes how she was scared of offending her attacker and just wished it was over, until finally she snapped into action and told him to stop.
Shocked and traumatized by the experience, the actress pushed it to the back of her mind for years, suffering in silence and feeling depressed and even suicidal - much to the concern of her loved ones.
She even describes a time when she seriously contemplated killing herself after a bad breakup. The incident saw her sitting on a hotel bed in Europe with a bottle of pills, before her sister Angel finally intervened.
Read the whole thing. Comments welcome.
There are various other examples of this trend. But the gist is that the GOP, based on the House of Representatives where it may well have a lock through 2020, has decided that there’s really nothing that needs fixing with the party’s emphasis on social conservatism and being the political party, overwhelmingly, of white people. Indeed, House Republicans are now increasingly vocal that all the stuff about an autopsy or rebuilding the party post-2012 was basically bunk.
DETROIT — The auto industry is about to go on a hiring spree as car makers and parts suppliers race to find engineers, technicians and factory workers to build the next generation of vehicles.
The new employees will be part of a larger, busier workforce. From coast to coast, the industry is in top gear. Factories are operating at about 95 percent of capacity, and many are already running three shifts. As a result, some auto and parts companies are doing something they’ve been reluctant to consider since the recession: Adding floor space and spending millions of dollars on new equipment.
“We’re really bumping up against the edge,” says Michael Robinet, managing director of IHS Automotive, which forecasts auto production. “So it really is brick-and-mortar time.”
The auto industry’s stepped-up hiring will help sustain the nation’s job growth and help fuel consumer spending. On Friday, the government said U.S. employers added 175,000 jobs in May, roughly the monthly average for the past year and a sign of the economy’s resilience.
At 7.6 percent, U.S. unemployment remains well above the 5 percent to 6 percent typical of a healthy economy. Growth is still modest, in part because of higher taxes and government spending cuts that kicked in this year and weak overseas economies. But the housing market is strengthening, and U.S. consumer confidence has reached a five-year high.
The auto industry’s outlook is bright. Vehicle sales for 2013 could reach 15.5 million, the highest in six years. To meet that demand, automakers must find more people. Hundreds of companies that make parts for automakers have to hire, too, just to keep up.
Bank profits topped $40.3 billion in the first three months of the year, according to the FDIC, attesting to a strong recovery… in the banking sector. “The banks are back,” Moody’s Analytics chief economist Mark Zandi told the Washington Post Wednesday. “Only four years after the banking system was literally looking into the abyss, it is highly profitable again.” The biggest banks, including Wells Fargo, Bank of America and Citigroup, accounted for most of the industry’s profits. Here’s what that looks like, via the Post:
The wider economy hasn’t shared the banking sector’s return to prosperity. Yes, the unemployment rate has dropped a little. Consumer confidence is up. The housing market is healthier. But the current share of the population that is employed is still well below what it was before the recession.
President Obama will sit for interviews with eight local reporters on Wednesday, as he continues to ratchet up his pressure on lawmakers to take action to prevent automatic spending cuts from taking effect on March 1.
“The president will take the case directly to the American people in markets across the country about how their leaders in Congress must act to protect our nation from a self-inflicted wound that would hurt our recovery and the middle class,” the White House said in a statement.
Picking up where he left off Tuesday with a brief speech delivered with first responders joining him on stage, Obama “will make clear that the only reason that these devastating cuts would hit is if congressional Republicans choose to protect loopholes that benefit the wealthy and big corporations rather than compromise to reduce the deficit in balanced way and protect American families.”
The White House sees the interviews as an effective way to reach people across the country who don’t pay much attention to national news but who do keep up with what’s happening in their hometowns. It’s a strategy the White House used throughout the presidential campaign and also employed in December as Obama rallied Americans to support him and to push Republicans to act as the fiscal cliff loomed.
More: Obama to Sit for 8 Local Interviews on Sequester
Here is the meat from his speech yesterday:
I agree with the laser like focus here: this is about Congress doing their damned job and anything else is just distracting blabber. I’m normally a Paul Krugman fan, but I really don’t like the shiny bauble he threw in front of the press because they are just going to obsess over the coin idea now and lose focus of the real story.
I HAD high hopes for the American economy after the Federal Reserve’s policy shake-up in September. It looked to me like a shift in framework that signalled increased tolerance for inflation, one that could potentially allow for a shift up in the trajectory of the recovery. Revisions may vindicate this view, but Friday’s jobs numbers, for the month of November, show an expansion stuck on course. The economy added 146,000 jobs last month. The Bureau of Labour Statistics helpfully noted, “Since the beginning of this year, employment growth has averaged 151,000 per month, about the same as the average monthly job gain of 153,000 in 2011.” Since late 2010, growth in employment and nominal output has been strikingly, impressively, and disappointingly stable.
Will the economy ever manage to do any better? Goldman Sachs economist Jan Hatzius reckons there’s a chance it will turn a corner late next year, provided that Congress doesn’t drive the country back into recession. In an interview with Business Insider’s Joe Weisenthal, he describes his sectoral balances approach to business cycles:
[E]very dollar of government deficits has to be offset with private sector surpluses purely from an accounting standpoint, because one sector’s income is another sector’s spending, so it all has to add up to zero. That’s the starting point. It’s a truism, basically. Where it goes from being a truism and an accounting identity to an economic relationship is once you recognize that cyclical impulses to the economy depend on desired changes in these sector’s financial balances…If the business sector is basically trying to reduce its financial surplus at a more rapid pace than the government is trying to reduce its deficit then you’re getting a net positive impulse to spending which then translates into stronger, higher, more income, and ultimately feeds back into spending.
U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.
Still, the rate of decline remains slow, credit reporting agency TransUnion said Wednesday. The percentage of mortgages going unpaid is unlikely to return anytime soon to where it was before the housing market crashed.
Some 5.49 percent of the nation’s mortgage holders were behind on their payments by 60 days or more in the April-to-June period, the agency said. That’s the lowest level since the first quarter of 2009.
She will be missed until she does comes back.
U.S. Rep. Gabrielle Giffords announced her plans to step down from Congress Jan. 22, 2011.
Transcript of video:
“Arizona is my home, always will be. A lot has happened over the past year. We cannot change that. But I know on the issues we fought for we can change things for the better. Jobs, border security, veterans. We can do so much more by working together. I don’t remember much from that horrible day, but I will never forget the trust you placed in me to be your voice. Thank you for your prayers and for giving me time to recover. I have more work to do on my recovery so to do what is best for Arizona I will step down this week. I’m getting better. Every day, my spirit is high. I will return and we will work together for Arizona and this great country. Thank you very much.”