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| FRIDAY • JULY 31, 2009 |
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RECESSION WORSE THAN PRIOR ESTIMATES, REVISIONS SHOW: The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed. The worlds largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said today in Washington.
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OBAMA MORE BARTENDER THAN MEDIATOR AT BEER SUMMIT: President Barack Obama played bartender-in-chief on Thursday at a “beer summit” of the main players in a racially charged case that he hoped would be a “positive lesson” in a national dialogue on race. Obama, the first black U.S. president, said it was a “friendly, thoughtful” conversation over beer at the White House with prominent Harvard scholar Henry Louis Gates, who is black, and police Sergeant James Crowley, who is white. ***LBN-VIDEO LINK: VIDEO: Cambridge Cop Says No One Apologized at White House…
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RALLY SPURS STOCKS TO ‘09 HIGHS: Stocks rallied Thursday after two days of losses thanks to a smaller-than-expected climb in weekly jobless claims and as second-quarter earnings continued to top estimates. The Dow Jones Industrial Average gained 83.74 points, or 0.9%, to 9154.46 — the highest close since Nov. 4 — after rising as much as 176 points during the trading day. The benchmark is up 40% from its 12-year closing low of 6547.05 hit on March 9.
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W.H. MAKES CEOS PAY FOR LUNCH: Four of the most powerful business leaders in America arrived at the White House one day last month for lunch with President Barack Obama, sitting down in his private dining room just steps from the Oval Office. But even for powerful CEOs, theres no such thing as a free lunch: White House staffers collected credit card numbers for each executive and carefully billed them for the cost of the meal with the president. The White House defended the unusual move as a way to avoid conflicts of interest. But the Bush administration didnt charge presidential guests for meals, one former official said, and at least one etiquette expert found the whole thing unseemly suggesting it was a serious breach of protocol.
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WHITE HOUSE SAYS ‘CLUNKERS’ REBATE PLAN WILL GO ON:
The White House said Friday that the “cash for clunkers”
program was still alive even though the $1 billion that
Congress had appropriated for it has already been snapped up.
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ACROSS THE UNIVERSE: In addition to being read daily in all 50 of the United States, this LBN E-Lert is read daily in 23 foreign countries including: China, Mexico, Sweden, India, Greece, Israel, South Africa, New Zealand, England, Italy, France, Iraq, Japan, Korea, Canada, Spain, Australia, among others.
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HOME SAFE AND SOUND: Space shuttle Endeavour and its seven astronauts touched down in Florida Friday morning to end a 16-day flight and successful space station construction mission.
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GIVE A CALL: Recently the LBN carefully detailed the 13 separate arrests that lifetime criminal Charlie Samuel had before being accused of murdering 17 year old Lily Burk last Friday. We thought a couple of the judges in these cases should hear directly from LBN E-Lert readers so we are listing their names and telephone # for your convenience. How do you feel about an entire justice system that failed to protect a totally innocent young lady in the prime of her life?
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 LBN-NOTICED: ***Quincy Jones all over St. Tropez, starting with lunch at Club 55, then a soire at Hotel Byblos, where he hooked up with moonwalker Buzz Aldrin, then to the VIP Room with Busta Rhymes. ***David Schwimmer discussing his upcoming appearance on “Entourage” with the show’s executive producer/writer Doug Ellin over lunch at Coffee Shop in NYC. ***Ed Norton and Maria Bello enjoying dinner with friends at Le Chateau Marmont. ***Jessica Alba and daughter Honor Marie hit up Lemonade in West Hollywood for a fun lunch. The next day, the two went hunting for baby clothes together at the boutique Bel Bambini. ***Jamie Foxx was seen partying at the Chicago club Roof. The actor and about 50 guests arrived just before 1 a.m., and he began an impromptu mambo line immediately. ***Angelina Jolie touched down at the Bob Hope Airport in Burbank on Thursday after spending nearly two hours in the sky for a flying lesson. ***BE AN LBN CORRESPONDENT Send your celebrity sightings to LBNElert@TimeWire.net.
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 LBN-THE “INSIDE” STORY: In the UK a woman with multiple sclerosis won her legal battle yesterday on assisted suicide. Debbie Purdy had hoped to secure a guarantee that her husband Omar Puente (both pictured above) would not be prosecuted if he accompanied her to the Dignitas euthanasia clinic in Switzerland. The House of Lords, the highest court in the land, has said that the law against aiding and abetting suicide, which is currently punishable by up to 14 years in jail, cant be changed, but it can be applied or not against the background of individual circumstances. And the Lords have compelled the Director of Public Prosecutions to set out circumstances where they either will or will not apply the law.
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 LBN-SNAP:….CAA’s legendary Bryan Lourd…
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LBN-HOLLYWOOD INSIDER: ***Havana’s famous seaside avenue, the Malecon, could be mistaken for Hollywood Boulevard this week as four high profile film stars come to the Cuban capital in the splashiest sign yet of warming U.S.-Cuba relations. Benicio del Toro, Bill Murray, Robert Duvall and James Caan arrived in Cuba on Wednesday, with del Toro in town to pick up an award and the other three working on a “research project,” a spokesman for the group said on Thursday. ***Larry David says the on-screen reunion of the “Seinfeld” cast will be “tough to beat.” The “Seinfeld” co-creator and “Curb Your Enthusiasm” creator-star says the cast will appear together in the finale of the upcoming seventh season of the HBO comedy series. ***The Walt Disney Co. on Thursday posted a 26 percent drop in profits during its third-quarter from the quarter a year ago due to a decline in revenue at its media networks and theme parks. Despite big marketing pushes on the 3D films “Up” and “Hannah Montana,” movie studio revenue was down 12 percent to $1.26 billion.
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 CASH FOR CLUNKERS GETS ANOTHER $2 BILLION: The House voted today to spend another $2 billion on the cash for clunkers program. The program offers rebates to car owners who trade in old gas-guzzling vehicles for more fuel-efficient ones. The Senate is scheduled to vote on the program on Monday.
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FINANCIAL MESS: Dr. Conrad Murray needed a big payday when he became Michael Jackson’s personal physician last spring. The Las Vegas cardiologist owed at least $780,000 for settlements against his business, outstanding mortgage payments on his house, delinquent student loans, child support and credit cards. And that doesn’t include the $68,000 the distributor of an energy drink says Murray, a one-time business associate, owes for skipping out on payments.
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LBN-BOOK NEWS: ***Steven Pleshette Murphy will step down as CEO of Rodale September 1 and be succeeded by Maria Rodale, granddaughter of the company founder and daughter of Robert and Ardath Rodale who both led the publisher at different points. Maria Rodale has been with the company since 1987 and chairman since 2007. In a statement, Murphy said that after a wonderful decade at Rodale, I have decided not to renew my contract and to take time off to pursue my own creative interests.
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LBN-MEDIA INSIDER: ***The Wall Street Journal is said to be developing a new social network, to be called WSJ Connect, which is described as a “LinkedIn Killer.” The Journal is enlisting News Corp. sibling Slingshot Labs, the media giant’s arm that works on digital products, to help build the site. ***Scott Donaton, the former publisher of Entertainment Weekly, is being named by Interpublic’s Mediabrands to lead a new branded- entertainment unit dubbed Ensemble. Branded content “hasn’t realized its full potential,” says Donaton, previously editor-turned-publisher at Ad Age.
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LBN-BUSINESS INSIDER: ***Lisa Diggs, owner of the Catalyst Company, and founder of the Buy Michigan Now campaign (www.buymichigannow.com) received the President’s Call to Service award Monday for contributing more than 4000 hours of community service to the state of Michigan. Diggs received the award, and a personalized letter/certificate from President Barack Obama, for her efforts to revive the Michigan economy by creating a in-state buyer’s guide, convincing Governor Granholm to grant a state-wide proclamation, and for the creation of the first state-wide Buy Michigan Now festival, going on now.
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LBN-HEALTH WATCH: ***A study involving 8,652 people between the ages of 51 and 61 found that people who are divorced or widowed have 20% more chronic health conditions, like heart disease, diabetes, or cancer, than married people. In addition, those who remarried had 12% more chronic health conditions than those continuously married, suggesting that divorce has a lingering detrimental impact on health that may never be fully remedied. One shortcoming of the study is that it does not address the impact of marital quality. According to previous research, people who remain in unhappy marriages may be at increased risk for health problems like high blood pressure, depression, and heart disease. ***During consideration of the health care reform bill (H.R. 3200), the House Ways & Means Committee rejected an amendment that would have helped ensure illegal aliens would not receive taxpayer-funded health care benefits.
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 SMART PEOPLE READ THE LBN E-LERT: San Francisco Mayor Gavin Newsom along with approximately 300,000 other “influencers” understand that information is power and the LBN E-Lert is a power-tool.
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LBN-SPORTS INSIDER: ***Atlanta police have video they believe shows two suspects in the slaying of boxer Vernon Forrest. The surveillance video is from cameras at the gas station where Forrest was robbed Saturday night and a nearby apartment complex. Part of the video shows the suspects pulling into the gas station. Another portion of the video shows them leaving the station. ***Lamar Odom to sign a four-year deal for $33 million with L.A. Lakers.
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LBN-COMMENTARY By LARRY FLYNT (Publisher, Hustler Magazine): President Obama: You have proven to be a great campaigner. You have yet to demonstrate your ability to govern. Who needs the Republicans? They dont know what compromise is. Theyre just out to derail your presidency. Bitch slap em at every opportunity and put them in their place. They lost; you didnt.
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 LBN-COMMENTARY By CHARLES KRAUTHAMMER: Yesterday, Barack Obama was God. Today, he’s fallen from grace, the magic gone, his health care reform dead. If you believed the first idiocy — and half the mainstream media did — you’ll believe the second. Don’t believe either.
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LBN-COMMENTARY By MANOHLA DARGIS: Theres something irritatingly self-satisfied about Funny People, which explains why, though it glances on the perils of fame, it mostly affirms its pleasures.
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LBN-COMMENTARY By PAUL KRUGMAN: Many Americans dont understand that getting the government involved in health care wouldnt be radical: the government is already deeply involved, even in private insurance.
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LBN-COMMENTARY By GUILLERMO del TORO and CHUCK HOGAN: Vampire creature myths seem to cross every culture, language and era, and one clue to their continuing appeal may be because they emphasize the eternal in us.
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 LBN-COMMENTARY By PASTOR (Pastor Bob is the Founder of the First Fundamental Church of the Bible): ***God responds to knee-mail, not e-mail. ***Obama has a BEER with a police officer and a professor? Whats next, will the President invite leaders from the Middle East over to smoke POT?
I have missed contributing to LBN lately because of a prostrate problem but am better now, Praise the Lord. ***Capital punishment was Gods idea. If youve got a problem with it, read your Bible. ***Now that this Michael Jackson funeral hoopla is finally over maybe we can start worshipping the wonderful Son of God. ***Twitter is for Nit Wits. Im praying for people who twitter their lives awayand Im praying for you. ***To reply directly to Pastor Bob e-mail, LBNElert@TimeWire.net. (Please Note: The opinions expressed by Pastor Bob are those of his alone and do not necessarily reflect those of the LBN E-lert of its staff).
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 LBN-A DIFFERENT VIEW:….Tony Blair…..
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LBN-OVERHEARD: ***The Los Angeles coroner’s office has indefinitely delayed releasing the results of Michael Jackson’s autopsy. Assistant Chief Coroner Ed Winter said Thursday the release was postponed following a meeting with investigators from the Los Angeles Police Department and the district attorney’s office. Investigators probing Michael Jackson’s death looked for evidence related to the powerful anesthetic propofol when they searched his doctor’s Las Vegas home and business, according to search warrants filed Thursday that alluded to the pop star being an “addict.” ***Rodney King is ready for his next punch. The often-arrested boozer — whose 1991 beating by LAPD cops was videotaped and sparked worldwide outrage — is searching for a challenger to fight him in a Celebrity Boxing Federation bout Sept. 12. And King, who’s been sober for 14 months, says he’ll even go up against a cop. “It doesn’t matter. I’ll fight anybody.” ***Annie Leibovitz has to come up with $24 million, or she could lose the rights to her life’s work of photos, her three combined townhouses on West 11th Street and her country estate in Rhinebeck. Art Capital Group, which loaned her $24 million, which doesn’t have to be repaid until Sept. 8, jumped the gun and sued the famed photographer for breach of contract this week, claiming she won’t let brokers in to appraise her properties. But a source close to Leibovitz said she’d be able to refinance the loan next month. “It isn’t that she is poor. She’ll find new financing. She’s got a great cash flow,” said the source. “She overextended herself with real estate. And all these loans came due just as the market collapsed.” After buying the Village townhouses for $6 million, Leibovitz spent another $12 million on renovations, the source said, forcing her to borrow from Art Capital. ***Beltway insiders are snarking over the timing of Sen. Ted Kennedy being named a Presidential Medal of Freedom winner almost 40 years to the day after Mary Jo Kopechne drowned at Chappaquiddick.
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LBN-DID YOU KNOW: ***The word “Goodbye” derives from the medieval expression “God bye” which was an abbreviation for the phrase “God be with you.” ***The earliest recorded case of a man giving up smoking was on April 5, 1679, when Johan Katsu, Sheriff of Turku, Finland, wrote in his diary “I quit smoking tobacco.” He died one month later. ***Kansas state law requires pedestrians crossing the highways at night to wear tail lights. ***Fred and Wilma Flintstone were the first couple to be shown in bed together on prime time television. ***Every day more money is printed for the game Monopoly than the US Treasury.
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LBN-QUOTE: “We hit it off right from the beginning. When hes not arresting you, Sergeant Crowley is a really likable guy. - PROF. HENRY LOUIS GATES JR., during the get-together over beer at the White House.
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LBN-HISTORY: On July 31, 1964, the American space probe Ranger 7 transmitted pictures of the moon’s surface.
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LBN E-Lert Edited by Shannon Donnelly
Contributing Editors: George Gutierrez, Grace Son, Rae Benjamin, Randi Carlson & Maria Quimson.
LBN E-Lert Disclaimer: 1.) The LBN E-Lert accepts no liability for the content of this email, or for the consequences of any actions taken on the basis of the information provided. The LBN E-Lert is not associated with any commercial or political organization and is transmitted via the web for the sole benefit of its subscribers. 2.) Unfortunately, computer viruses can be transmitted via email. The recipient should check this mail and any attachments for the presence of viruses.
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LBN-VIDEO LINK: Comedy WATCH: