fuzhong.org

Friday, May 1, 2009

The American auto company Chrysler filed for bankruptcy Thursday, however a deal with European auto maker Fiat went through. The emerging Chrysler will be owned 55 percent by the United Auto Workers, eight percent by the United States Government, two percent by the Canadian Government and Fiat would begin with a 20 percent share.

Chrysler Chief Executive Robert Nardelli will step down when the bankruptcy proceedings are finalized.

Initially, the Italian company, Fiat, will appoint three members on the emerging Chrysler’s new board, and the United States government will appoint six. Fiat can assume the majority of the ownership upon repayment of American loans.

Chrysler administrators expect that the bankruptcy should take a couple of months.

“We expect this to be a very short, 30-to-60-day bankruptcy process, during which the company will function normally,” a top administration official said, “People will be able to buy cars, they will have their warranties honored, and everything should go on normally.”

The bankruptcy filing indicated that Chrysler was in debt to 20 creditors to a tune of more than $10 million each.

Meanwhile, the deal with Fiat did go through, and Chrysler should have cars designed by Fiat out on the market by 2011.

“It’s a partnership that will give Chrysler a chance not only to survive, but to thrive in a global auto industry,” said American president Obama, “Fiat has demonstrated that it can build the clean, fuel-efficient cars that are the future of the industry.”

However, automotive analyst Erich Merkle has hesitations.

“History would show that alliances really don’t work that well,” Merkle said, “even though, no matter how good they may look on paper.”

The restructuring has been managed by Steve Rattner, a former investment banker, and the U.S. Government auto task force.

Obama has set three ultimatums before Fiat. Fiat should produce a 40 mile per gallon vehicle while managing the new Chrysler, transfer fuel efficient Fiat technology to Chrysler factories in the United States, and produce cars in Chrysler factories and distribute them in Europe.

Monday, July 2, 2007

A wildfire in the Ashley National Forest has been blamed for three deaths and has led to the evacuation of about 500 residents of the communities of Whiterocks, Farm Creek, Paradise and Tridell in eastern Utah.

The fire broke out on Friday, June 29 at around 9:00 a.m. local time in Duschene county, north of Neola by state route 121, and proceeded to spread westward into Uintah county.

To date, the cause of the wildfire is unknown. An early report by public safety officials claimed it was caused by a faulty power line or transformer. However, a later announcement by Moon Lake Electric Association CEO Grant Earl disputed this.

By Saturday morning, the fire had spread across approximately 46 square miles of land and been blamed for three fatalities: George Houston, his son Tracy Houston, and Roger Roberson, all from Farm Creek. Eleven year old Duane Houston, George’s grandson, was able to escape the fire with only minor injuries.

The communities of Whiterocks, Farm Creek, Paradise and Tridell, consisting of approximately 500 local residents, were evacuated by Sunday, and at least five homes are known to have been destroyed. Those without family or friends to provide lodging have been relocated to the Ute Indian Tribe’s auditorium in Fort Duchesne and Union High School in Roosevelt.

The Federal Emergency Management Agency became involved in the management of fire fighting efforts on Sunday, and a specialized regional wildland fire team, the Rocky Mountain Type One Management Team, had begun to converge on the Uinta Basin to assist with the firefighting, along with about 100 members of the Utah National Guard.

Reports that same day claimed the fire was 5% contained, but that it had split into at least two separate smaller fires. Authorities declared their intention to prevent the fire from moving eastwards into Dry Fork Canyon and the town of Tridell.

Friday, July 17, 2009

According to the Pew Research Center, a non-advocacy organization that evaluates issues, attitudes and trends shaping the political landscape of the United States, centrism is on the rise in America. According to Pew, the number of Americans identifying themselves as independents has reached the highest level in 70 years.

Recently 36% of Americans say they are independents, 35% identify as Democrats, while 23% see themselves as Republicans. Some people are abandoning the major parties, re-registering as independent or joining third parties.

One of these third parties are the Modern Whig Party (MWP), who have enjoyed phenomenal growth over the past year; from just 3,000 members last summer to 30,000 now. With the Party’s commitment to “fiscal responsibility” and “bold social progression”, several conservative Democrats and centrist Republicans have been attracted to it.

Wikinews reporter Joseph Ford recently spoke with the Modern Whig Party’s chairman, Mike Lebowitz, about the MWP’s history, present state and future prospects. “Our membership is comprised of people from all parts of the mainstream political spectrum,” Lebowitz explains. He says that the MWP has “pragmatic, realistic, and mainstream” approaches to the numerous issues facing America today.

“A number of print and broadcast media outlets have even gone so far as to proclaim that the Modern Whig Party is “potentially viable,” and “makes sense”,” Lebowitz points out. “We are building this organization realistically, methodically and gradually in an effort to get this right.”

He went on to say much more — including why he thinks you should consider leaving the GOP or the Dems for the MWP — in the interview below.

Tuesday, March 25, 2008

Wikinews held an exclusive interview with American author and filmmaker Peter John Ross. The head of Sonnyboo Productions, an independent film studio based in Columbus, Ohio, he has made numerous short films as well as co-directed a feature, the World War II B-movie Horrors of War.

He has also written a book on filmmaking, Tales from the Front Line of Indie Filmmaking. He says that it “combines helpful articles for beginning filmmakers with narrative tales based on my experiences raising money for features and the crazy personalities that invade the world of microbudget filmmaking.”

When asked why he makes movies, Ross replied, “There is no greater thrill than sitting in a room full of strangers watching the stories unfold with flickering pictures and sound. I live for the moments when I can sit there and watch the movies with people I don’t know and really feel how they react to what I wrote or directed or edited.”

Tuesday, October 2, 2007

David McGruer is running for the Freedom Party of Ontario in the Ontario provincial election, in the Ottawa-Orleans riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Monday, October 1, 2007

Tyler Currie is running as an Progressive Conservative candidate in the Ontario provincial election, in the riding of Trinity-Spadina. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Thursday, April 10, 2008

The United Kingdom is listed second in a report on global cyber-crime statistics, behind the United States and ahead of cyber-crime “hotspots” Nigeria and Romania. The 2007 Internet Crime Report was released in April by the Internet Crime Complaint Center (IC3), a joint operation between the Federal Bureau of Investigation and the National White Collar Crime Center.

Americans reported losses of US$240 million from global cyber-crime in 2007, a $40 million increase from 2006. The Internet Crime Complaint Center received 206,884 complaints of online fraud in 2007, a decrease from the previous year’s 207,492 complaints.

FBI special agent John Hambrick, in charge of the IC3 unit, told the Agence France-Presse “We’re seeing more schemes involving bigger ticket items, get-rich-quick and work-at-home schemes that involve higher dollar losses”. As the report only includes figures from crimes reported to law enforcement, it is likely that real crime numbers were higher.

FBI Cyber Division Assistant Director James E. Finch commented on the report: “The Internet presents a wealth of opportunity for would be criminals to prey on unsuspecting victims, and this report shows how extensive these types of crime have become … What this report does not show is how often this type of activity goes unreported. Filing a complaint through IC3 is the best way to alert law enforcement authorities of Internet crime.”

In response to the report’s release, the information technology consultancy Global Secure Systems (GSS) warned that the United Kingdom is becoming a hotbed of internet crime. According to the report, the UK accounts for 15.3 per cent of online crime from US crime reports. “This is significantly ahead of other cyber-crime hotspots such as Nigeria (5.7 per cent) and Romania (1.5 per cent),” said David Hobson, managing director of GSS, in an interview with vnunet.com.

The 2007 Internet Crime Report cites the top ten countries by amount of perpetrators of online crime. In descending order, the top ten list includes the United States, the United Kingdom, Nigeria, Canada, Romania, Italy, Spain, South Africa, Russia, and Ghana. Scammers living within the United States most often lived in California, Florida, Georgia, Illinois, New York, Pennsylvania, and Texas. Men lost more money to online fraud than women in 2007, and also accounted for 75 percent of cyber-crime perpetrators.

FBI spokeswoman Cathy Milhoan told CIO Today that online scammers attempt to take advantage of the good will of individuals, asking for money for purported charities during crises. “The scammer tries to prey on victims who are kind of in tune with what’s going on in the world. The scam changes, but ultimately they’re preying on the good will of people,” said Milhoan.

The most widely reported complaint was Internet auction fraud at 35.7 per cent of referred crime complaints. Other online criminal activities cited in the report include non-delivery of purchases and credit/debit card fraud, computer intrusions, spam/unsolicited e-mail, and child pornography. The report also seeks to raise awareness of other types of cyber-crimes, and describes steps individuals can take both to prevent internet crime, and to report it if they have been victimized.