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Wednesday, March 25, 2009

A New Jersey state senator has filed a lawsuit seeking to overturn a federal law banning sports betting in 46 states.

State Sen. Raymond Lesniak, a Democrat representing portions of Union County, filed the suit Monday, arguing the 17-year-old law is unconstitutional because it treats four states differently than the other states.

Under the law, sports betting is prohibited in all states except Delaware, Oregon, Montana and Nevada, although only the latter two currently allow wagering.

“This federal law deprives the State of New Jersey of over $100 million of yearly revenues, as well as depriving our casinos, racetracks and Internet operators of over $500 million in gross income,” Lesniak said in a statement to the press.

The 39-page lawsuit is believed to be the first challenge to the Professional and Amateur Sports Protection Act of 1992. New Jersey missed a 1994 deadline that would have allowed it to join the other states when the law was implemented.

Atlantic City officials and their political allies have argued allowing sports betting would give all the states a new source of revenue needed in the face of a staggering recession.

New Jersey Governor Jon Corzine was not involved with the lawsuit, but he said legalizing sports betting would help Atlantic City and said it was “worth pursuing”.

Legalizing sports betting in New Jersey could bring the state more than $50 million in annual tax revenue, according to officials from the Interactive Media Entertainment & Gaming Inc., a Washington, D.C.-based consultant for the electronic gaming industry, which joined Lesniak as a plaintiff in the lawsuit.

“This is about more than revenue,” said Joe Brennan Jr., chairman of Interactive Media Entertainment. “It’s about jobs and economic activity.”According to 1999 study, $380 billion in illegal sports betting occurs in the state each year.

New Jersey, in particular, is facing a difficult budget season, and the Atlantic City casinos are in what the Associated Press called a “financial meltdown”. Eleven of the city’s casinos suffered their biggest revenue decline in 30 years last month.

Delaware is reported to be considering regulating sports betting, which New Jersey backers of the lawsuit said adds a sense of urgency to the issue.

“We cannot afford to be naive about illegal sports betting,” New Jersey State Sen. Jeff Van Drew said in a statement to the press. “It’s happening right now, and is funding other criminal enterprises which are far more dangerous.”

The New Jersey Thoroughbred Horsemen’s Association, the Thoroughbred Breeders Association of New Jersey and the Standardbred Breeders & Owners Association of New Jersey were also listed as plaintiffs in the lawsuit.

Sunday, November 8, 2009

The United States House of Representatives has passed The Affordable Health Care for America Act or HR 3962, a bill which would ensure that 95–96% of US citizens receive affordable health care.

HR 3962 was passed with 220 yeas and 215 nays. Democrats in the house needed at least 218 votes to pass the bill. 39 Democrats voted against the bill, which contained the Stupak amendment. This amendment curtailed women’s abortion rights. One Republican, Representative Joseph Cao of Louisiana, voted for the bill.

The US Senate has drafted their own health care bill, S. 1679. It is not yet known when the Senate will vote on their version of the bill, but in the end both versions must be merged into one with both the House and Senate voting again.

The health care program associated with HR 3962 is estimated to cost over US$1 trillion over ten years, according to the Speaker of the House Nancy Pelosi, who states that it will result in “[…] not one dime added to the deficit.”

US President Barack Obama says that he is “confident” that the Senate will be able to come to an agreement and pass a completed bill. Obama added that he hopes to sign a “comprehensive health insurance reform into law by the end of the year.”

Monday, March 20, 2006

Fears of contaminated bone and skin grafts are being felt by unsuspecting patients following the revelation that funeral homes may have been looting corpses.

Janet Evans of Marion, Ohio was told by her surgeon, “The bone grafts you got might have been contaminated”. She reacted with shock, “I was flabbergasted because I didn’t even know what he was talking about. I didn’t know I got a bone graft until I got this call. I just thought they put in screws and rods.”

The body of Alistair Cooke, the former host of Masterpiece Theatre, was supposedly looted along with more than 1,000 others, according to two law enforcement officials close to the case. The tissue taken was typically skin, bone and tendon, which was then sold for use in procedures such as dental implants and hip replacements. According to authorities, millions of dollars were made by selling the body parts to companies for use in operations done at hospitals and clinics in the United States and Canada.

A New Jersey company, Biomedical Tissue Services, has reportedly been taking body parts from funeral homes across Brooklyn, New York. According to ABC News, they set up rooms like a “surgical suite.” After they took the bones, they replaced them with PVC pipe. This was purportedly done by stealth, without approval of the deceased person or the next of kin. 1,077 bodies were involved, say prosecutors.

Investagators say a former dentist, Michael Mastromarino, is behind the operation. Biomedical was considered one of the “hottest procurement companies in the country,” raking in close to $5 million. Eventually, people became worried: “Can the donors be trusted?” A tissue processing company called LifeCell answered no, and issued a recall on all their tissue.

Cooke’s daughter, Susan Cooke Kittredge, said, “To know his bones were sold was one thing, but to see him standing truncated before me is another entirely.” Now thousands of people around the country are receiving letters warning that they should be tested for infectious diseases like HIV or hepatitis. On February 23, the Brooklyn District Attorney indicted Mastromarino and three others. They are charged with 122 felony counts, including forgery and bodysnatching.

Thursday, October 22, 2009

The director general of the U.N. Food and Agriculture Organization is calling for more investment in agriculture in the developing world to tackle the problem of food insecurity. Jacques Diouf told Parliamentarians attending the 121st Assembly of the Inter-Parliamentary Union that more than one billion people are going hungry because of under-investment in agriculture during the past two decades.

A recent study by the Food and Agriculture Organization and World Food Program finds most of the more than one billion hungry people in the world live in developing countries. It says no region is immune and hunger is expected to increase everywhere, even in the developed world.

Jacques Diouf, Director General of the Food and Agriculture Organization, says 30 countries were in a situation of grave food crisis, requiring emergency assistance. He says 20 of them are in Africa and 10 in Asia and the Near East. “The events of the last three years, triggered by soaring food prices and followed by the financial and economic turmoil, have demonstrated how fragile our global food system is. This year’s increase in hunger is not the result of poor harvests or a shortfall in supplies, but rather is caused by the economic crisis which has reduced the incomes and job opportunities for the poor,” he said.

Diouf says under-investment in agriculture and rural development is one of the root causes of the recent global food crisis and the difficulties encountered by the majority of developing countries in dealing with it effectively.

“If people go hungry today it is not because the world is not producing enough food but because it is not produced in the countries where 70 percent of the world’s poor live and whose livelihoods depend on farming activities. The challenge is not only to ensure food security for the one billion hungry people today, which is certainly an enormous task, but also to be able to feed a world population that is expected to reach 9.1 billion in 2050,” he said. He has urged nations to increase food production by 70 percent by 2050, and remarked that “Where there’s a will, there’s a way.”

The FAO chief says studies show GDP growth originating in agriculture is at least twice as effective in reducing poverty as GDP growth originating in other sectors of the economy. He says the solution to food insecurity lies in boosting agricultural production and productivity in poor countries where food shortages are chronic.

Diouf says production has to be increased in the most needy areas, by the most needy people. These are smallholder farmers in rural households.

He says investment in agriculture in developing countries would amount to $44 billion in official development assistance a year. He says the returns from that investment in tackling world hunger would be enormous.

Friday, March 20, 2009

The owner of a New Jersey real estate investment firm has been charged with using $2 million of his company’s money for construction at his home and other projects not related to work.

Gary Klein, owner of the Asbury Park-based REI Group Inc., surrendered himself to police after a Monmouth County grand jury indicted him on one count of theft by deception charges.

The charges were the result of a three-year investigation into his practices. Klein, 45, of Colts Neck Township, faces up to 10 years in state prison if convicted. Klein was released Friday after posting $75,000 bail.

Klein attracted clients by telling them he would invest their money in projects that would result in returns of 12 and 85 percent. Prosecutors said the actions mirrored those of a Ponzi scheme.

Robert Weir, Klein’s attorney, said the operation was not a Ponzi scheme, but legitimate business investments that went bad as the economy declined. Weir also said Klein hired a receiver to try and return the investors’ money once the investments started to go sour.

“It’s a shame that a business that experienced a turn in the real estate market is now being treated as a criminal problem. That was not Mr. Klein’s intent,” Weir said to The Star-Ledger.

Weir said the investments were used for building rehabilitation projects in Asbury Park and the construction of Florida condominium complexes, but authorities said Klein used the money to repay earlier investors who were cashing out, as well to help build his own home.

Wednesday, April 11, 2007

A fast-moving fire engulfed the home of late singer Johnny Cash on Tuesday. The lake-side home, located in Hendersonville, Tennessee, was the home of the late singer and his wife, June Carter, from the late 1960s until their deaths in 2003.

The home was purchased by former Bee Gees singer Barry Gibb in 2006, and was undergoing renovations at the time. The cause of the fire is unknown at this time, but it is believed that a flammable wood preservative that construction workers had applied contributed to the speed in which the flames spread. Firefighters responded within 5 minutes of the fire breaking out. No workers were killed in the fire, but one firefighter suffered minor injuries.

“Maybe it’s the good Lord’s way to make sure that it was only Johnny’s house,” said Richard Sterban of The Oak Ridge Boys, who lived down the road from Cash. Neighbor Marty Stewart said “So many prominent things and prominent people in American history took place in that house—everyone from Billy Graham to Bob Dylan went into that house.” The home was where Cash wrote many of his hit songs, and appeared in the Cash music video for “Hurt“.