Kennedy Center names 2007 honors recipients

Friday, September 14, 2007

The Kennedy Center announced that its 30th presentation of the Kennedy Center Honors would go to pianist Leon Fleisher, comedian Steve Martin, singer Diana Ross, director Martin Scorsese and musician Brian Wilson. The Center was opened to the public in 1971 and was envisioned as part of the National Cultural Center Act, which mandated that the independent, privately-funded institution would present a wide variety of both classical and contemporary performances, commission the creation of new artistic works, and undertake a variety of educational missions to increase awareness of the arts.

In a statement, Kennedy Center Chairman Stephen A. Schwarzman said that “with their extraordinary talent, creativity and perseverance, the five 2007 honorees have transformed the way we, as Americans, see, hear and feel the performing arts.”

Fleisher, 79, a member of the Peabody Institute‘s music faculty, is a pianist who lost use of his right hand in 1965 due to a neurological condition. He became an accomplished musician and conductor through the use of his left hand. At 67, he regained the use of his right hand. With the advent of Botox therapy, he was once more able to undertake two-hand performances in 2004, his first in four decades. “I’m very gratified by the fact that it’s an apolitical honor,” Fleisher said. “It is given by colleagues and professional people who are aware of what [an artist] has done, so it really is apolitical — and that much more of an honor.”

Martin, 62, a comedian who has written books and essays in addition to his acting and stand-up comedy career, rose to fame during his work on the American television program Saturday Night Live in the 1970’s. Schwarzman praised his work as that of a “renaissance comic whose talents wipe out the boundaries between artistic disciplines.” Martin responded to the honor saying, “I am grateful to the Kennedy Center for finally alleviating in me years of covetousness and trophy envy.”

Ross, 63, was a product of Detroit‘s Brewster-Douglass Projects when as a teeager she and friends Mary Wilson and Florence Ballardis formed The Supremes, a ground-breaking Motown act. She portrayed singer Billie Holiday in the 1972 film Lady Sings the Blues, which earned her an Oscar nomination and a Golden Globe award. “Diana Ross’ singular, instantly recognizable voice has spread romance and joy throughout the world,” said Schwarzman. Ross said she was “taken aback. It is a huge, huge honor and I am excited to be in this class of people.”

Scorsese, 64, is one of the most accomplished directors the United States ever produced, whose work includes Mean Streets, Taxi Driver, GoodFellas, Cape Fear, The Last Temptation of Christ and The Departed, for which he won a 2006 Academy Award for Best Director after being nominated eight times. Scorsese said, “I’m very honored to be receiving this recognition from the Kennedy Center and proud to be joining the company of the very distinguished individuals who have received this honor in years past.”

Wilson, 65, along with his brothers Dennis and Carl, formed the Beach Boys in 1961. They had a series of hits that included “Surfin’ U.S.A.” and “Wouldn’t It Be Nice.” Their 1966 album Pet Sounds is considered one of the most influential recordings in American music. “This is something so unexpected and I feel extremely fortunate to be in the company of such great artists,” said Wilson, who is currently on tour.

The Kennedy Center’s board of trustees is responsible for selecting honorees for “lifetime contributions to American culture through the performing arts.” Previous honorees, including Elton John and Steven Spielberg, also submitted recommendations. A wide variety of people were under consideration, including Emanuel Ax, Evgeny Kissin, Renee Fleming, Laurence Fishburne, Francis Ford Coppola, Melissa Etheridge and Kenny Chesney.

President Bush and first lady Laura Bush will attend the center’s presentation at its opera house on December 2, 2007, which will broadcast on December 26 on CBS.

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Eleven HIV/AIDS patient-protestors detained in Myanmar

Friday, June 8, 2007

Myanmar authorities detained 11 HIV/AIDS patients for three days in a Yangon hospital following the group’s recent demonstrations calling for the release of detained HIV/AIDS activist Phyu Phyu Thinn.

The patients were being detained at Waybargi Infectious Diseases Hospital on the outskirts of Yangon.

“The patients were given a series of tests and all of them were freed Friday,” Yazar, a colleague of Phyu Phyu Thinn and a supporter of the National League for Democracy, was quoted as saying by Associated Press. “Three of the patients were given ARV (anti-retroviral) treatment and all of them were provided with cash to return to their homes in their districts,” said Yazar, who like many Myanmar people only has one name.

Phyu Phyu Thinn, 35, a supporter of the NLD, was arrested on May 21 for organizing a prayer campaign for the release of Suu Kyi, the NLD’s leader. A prominent HIV/AIDS activist, Phyu Phyu Thinn has suggested HIV/AIDS is far worse in Myanmar than the ruling State Peace and Development Council cares to admit. She runs a small clinic, and has worked to help HIV/AIDS patients through education, counseling, housing and arranging for medical care.

Yazar said the patients were taken from their homes to the hospital on Tuesday after being told they would receive proper treatment.

“The authorities made necessary preparations in advance at the hospital to confine them in isolation as ‘political patients’,” Myint Thein of the National League for Democracy (NLD) was quoted as saying by Reuters. “These 11 people had been holding prayers at pagodas for the release of Phyu Phyu Thinn since May 23.”

Yazar, who like many Myanmar people has only one name, told the Irrawaddy newsmagazine that two HIV/AIDS patients in Yangon died in the days after Phyu Phyu Thinn’s arrest. He said she was assisting them obtain medicine, and her arrest might have affected their condition.

In 2005, UNAIDS said HIV/AIDS in Myanmar was “a very serious epidemic,” with 360,000 men, women and children, or 1.3 percent of adults, estimated to be infected.

Meanwhile, the junta has released prominent democracy activist Su Su Nway for health reasons.

Su Su Nway was among around 40 demonstrators who were arrested on May 15 during a prayer rally in Yangon, calling for Suu Kyi’s release. Su Su Nway became ill after she was taken to jail, and was then taken to hospital. Armed guards had been watching her, but were removed yesterday, according to the NLD.

Myanmar, also known as Burma, has been under military control since 1962. After a landslide election win by Suu Kyi and the NLD in 1990, the military refused to give up power, and has kept Suu Kyi under house arrest for most of the time since then.

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Fa Qs About Mold Remediation Service In Troy

byAlma Abell

In New York, water leaks, natural disasters, and fires can lead to excessive water accumulation in a residential property, and these conditions can provide additional developments such as mold and mildew. Once these new developments set in, the property owner needs professional services to manage these conditions proactively. A local service provider can provide answers to frequently asked questions about Mold remediation service Troy.

Are There Specific Steps for These Projects?

[youtube]http://www.youtube.com/watch?v=-wKzsyKUsDY[/youtube]

Yes, the technicians start by evacuating all standing water and moisture from the property, and they examine all items inside the home for mold. All damaged items are packages with thick plastic sheeting and label them according to the EPA regulations, and the technician manages all waste management requirements for the remediation services. They also clean up all the mold, and they treat the property with appropriate chemicals.

Will the Homeowner Need Additional Remediation Services?

In some cases, the property owner will need additional remediation services, and these services may require the technicians to remove sections of the walls or ceiling. The technicians will return to the property and manage all treatment requirements for these properties. They will also continue to test the property over time to ensure that new developments haven’t emerged.

Are There Steps that the Homeowner Should Follow?

The property owner will need to continue to inspect any areas that were affected by the mold, and they should report any new developments to their service provider. They should review any areas where new leaks have developed as these areas could develop mold as well.

Who Files the Insurance Claim for the Services?

The homeowner can contact their homeowner’s insurance provider to start a claim for the damage and remediation services, or the service provider will manage these requirements. However, if the service provider handles the claim, the insurance company can just pay them directly.

In New York, a variety of events can lead to serious property damage, and mold developments cause serious damage and major health risks for these property owners. Immediate remediation services are vital for protecting the integrity of the property. Homeowners who need to schedule mold remediation service Troy can visit PFRS.com for more information now.

Japanese detain two anti-whaling activists, deny abuse claims

Wednesday, January 16, 2008

Yesterday at 6:00 UTC at 60° S 78° E , a Japanese whaling ship detained two Sea Shepherd Conservation Society activists in the Southern Ocean. Japan’s Institute of Cetacean Research (IRC) deny Sea Shepherd claims that they have been abused. The Japanese government has assured the Australian Government the release of the men.

According to the conservation agency Sea Shepherd, Australian Benjamin Potts, 28, a helicopter assistant, and Briton Giles Lane, an engine room worker, were detained on board a Yushin Maru No. 2 after delivering a letter asking the ship to exit Antarctic waters .

Captain Paul Watson of the Sea Shepherd’s vessel, Steve Irwin, said that the Japanese “tried to throw them overboard, then they tied them to a bulkhead and were beating them”.

He alleged that the men were tied to the radar masts before being brought below deck after which the men were not seen. Sea Shepherd’s international director, Jonny Vasic, claimed that they were “basically strapped by the arms with zip-ties and tied with rope around their chests” for 2½ to three hours.

The captain said he was surprised as he expected Japanese whale ships to treated his men more decently.

“We are concerned but I know the Australian and British governments are in touch with the Japanese government.”

Sea Shepherd said it has photographic evidence that the whalers were abusing the men.

However, the Japanese ship refuted the allegations.

“Any accusations that we have tied them up or assaulted them are completely untrue,” Director-general of the IRC Minoru Morimoto said in the press release, “It is illegal to board another country’s vessels on the high seas.”

Detaining the activists was the “only way”, he said. “You couldn’t have them running around the deck not knowing what they’re going to do.”

He said that the activists were making attempts to entangle the screw and were throwing bottles of butyric acid, as rancid butter, onto the deck of the vessel before boarding the vessel. Mr Watson has confirmed this and said that they were to act as a stink bomb but their actions were still peaceful.

Hideki Moronuki, the chief of the whaling section of The Fisheries Agency of Japan, claimed that “nobody took violent action against the two illegal intruders”.

Mr. Moronuki said that they were treated “very, very humanely” and were provided with “a warm, delicious hot meal”, “[a] warm, nice bath” and “[a] nice bed with clean white sheets”.

Australian foreign minister Stephen Smith said that the Japanese government promised him the release of the men late yesterday night.

“Late last night I was advised the Japanese had agreed to this and they had instructed the relevant whaling ship to return the men to the Steve Irwin,” he told ABC radio.

Mr. Moronuki said the “two illegal intruders” will not be released by the vessel’s captain until “Paul Watson has accepted the conditions of the safety of the Japanese vessel”. He said he knew nothing of the comments that the Japanese government agreeing to release the men.

Mr. Watson said the Japanese were “[holding] hostages and make demands” and were acting like “a terrorist organisation”. A press release said Sea Shepherd “will not negotiate with poachers and demands that the Japanese whalers release Benjamin Potts and Giles Lane as soon as possible”.

Mr. Watson said he would not send a zodiac to collect the men as requested in an email because it “endangers the life of the crew, to put them out in these waters in a small boat, 10 miles out of view”.

On Sky TV, IRC spokesman Glenn Inwood said Sea Shepherd were “not answering phone calls or emails at this stage” to take advantage of “fair amount of media coverage” but they were “still making attempts to contact them”.

An Australian Federal Police spokeswoman said that Sea Shepherd made a police report at around 7:00 UTC.

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Australian media focuses on Olympic prospects against US for women’s basketball

Wednesday, May 16, 2012

Bruce, Canberra — On Monday, at a press conference at the Australian Institute of Sport on the first day of an Opals training camp, the media asked questions supporting this Olympic cycle’s storyline that the Australian team is going to the 2012 Summer Olympics for a gold medal rematch between Australia and the United States women’s national basketball team, who are once again in separate Olympic pools for the tournament. Media organisations present included Fox Sports, WIN News, the Canberra Times, and Wikimedia Australia including our reporter.

The press at the first press conference consisted of a female print journalist, four video cameras behind the two rows of seats allocated for the media, and three microphones in front of the table occupied by the national team coach Carrie Graf and national team members Lauren Jackson and Jenna O’Hea. The media contingent largely asked questions about Australia’s quest for a gold medal, how worried the Australians were about the team from the United States and how much planning the team was doing in preparation to play them in the gold medal finals for the fourth time in a row. These questions mirrored an ongoing theme in the media coverage found in television media and newspaper coverage of portraying the team as one of Australia’s few serious medal contenders. The other focus was on early game against Great Britain women’s national basketball team, who are in the same pool as Australia, who will have an advance of playing on their home ground with at least one dual-Australian/British passport holder on the United Kingdom team and a former Australian national women’s team coach leading the opposition’s side.

In contrast to media questions from television and print reporters present, Graf, Jackson and O’Hea’s responses made clear their goal was in the present. The coach and players were thinking about who would survive the cuts to make the team, establishing a good team dynamic and preparing for teams early in their Olympic campaign. The Australian side was not thinking ahead to the gold medal round as they believe their competition is good enough to be a worry.

The press directed most of their questions to Jackson and Graf, with O’Hea only asked a question late in the press conference.

Following the press conference, Fox Sports interviewed one of the Opals in a one-on-one interview. Another reporter followed up with Basketball Australia’s media representative to ask additional questions.

In the opening session for the camp, a video photographer lined up a basketball to get a shot of a basketball in the foreground while Jackson and Suzy Batkovic-Brown shot baskets in the background.

The Opals had a training session open to the media early in the day, with six journalists recording in various media how players participated in several drills including a drill where the Opals, working in groups of three on three different courts, had one minute to attempt and make as many two point field goals as possible. In one drill set, Jennifer Snell made 22 of 28 attempts.

The final media open training session of the day, starting late in the afternoon, saw only a pair of Wikimedia Australia photographers and a Basketball Australia photographer present. The rest of the media had left much earlier in the day. The media open training camp will continue through until Friday, before the team starts a two week long training camp that will be closed to the media but not before two players are cut from a squad currently 19 strong that will be pared down to 12 by the end of next month.

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Need A Qualified Disability Lawyer, Hire One In Chicago

byAlma Abell

Social Security disability benefits are available, but getting them is not easy. The majority of initial claims in Chicago are rejected, and when this happens, it is necessary to appeal the decision. Being disabled often causes considerable financial strain; it is fair for people to wonder if they can afford to hire a skilled disability lawyer to help them. Disability lawyers do not charge any up-front fee; they get their money once they win the case on your behalf.

Disability Lawyers Work on Contingency

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When you first hire a disability lawyer, you and the lawyer will enter into an agreement that will be reviewed by the Social Security Administration. The agreement lays down the fees and stipulates that the legal fee will be taken from the past-due benefits awarded and paid directly to the lawyer.

How Much is the Legal Fee?

Your lawyer, under federal law, can charge you 25 percent of the back pay awarded, up to a maximum of $6,000. This is a “one-time” fee; if you are denied benefits, or you are not granted any back pay, the lawyer will not receive the fee.

Although disability lawyers work on contingency, you may be asked to pay any small, out-of-pocket expenses as the case progresses.

Back Pay

Once your claim is approved, the SSA will calculate the back pay you are owed. If the request was for SSDI (Social Security Disability Insurance), the back pay starts on the date the SSA determined you became disabled. Back pay can be awarded for no more than 12 months from the date you first applied. If you are awarded Supplementary Security Income (SSI), back pay is dated back to the month you applied, not the actual date.

If you are awarded back pay of $10,000, your lawyer will receive $2,500, and you receive the balance of $7,500.

With in-depth knowledge of the system, it makes a great deal of sense to hire a disability lawyer. To discuss your claim, contact The Law Offices of Jeffrey A. Rabin & Associates, Ltd. in Chicago. Visit them at https://www.rabinsslaw.com.

Iran: Wreckage found of plane crashed in mountains; all believed dead

Wednesday, February 21, 2018

Yesterday, the Iranian military announced the wreckage of an Aseman Airlines airplane, which went missing on Sunday morning shortly before it was due to land in Yasuj, had been located at an elevation of about 13,000 feet (4,000 m) in the Zagros Mountains. All 65 people on board were presumed dead. Crews were searching for the aircraft’s two black boxes to try to determine why it crashed.

Ramezan Sharif, a spokesman for Iran’s Revolutionary Guards, said wreckage of the ATR 72-500 twin-engine turboprop had been sighted by a military drone and helicopters had then been sent to the location. Helicopter pilot Captain Soheili said on state television the wreckage was only some 100 feet (30 m) from a peak on Mount Dena, and “large parts of the plane, which were labeled with the Aseman company logo” were visible. The Revolutionary Guards released photos in which they said bodies of victims could be seen. Regional medical center director Ghafoor Rastinrooz told the official IRNA news agency that helicopters were unable to land at the site because of “deep and dangerous crevices in the area of the crash”. General Kiumars Heidari, chief of ground forces in the Iranian Army, told the Fars News Agency the dead would have to be brought down the mountain by commandos using specialized ground vehicles.

The plane took off at about 0430 UTC on Sunday from the Iranian capital, Tehran, on Aseman Airlines route EP3704 to Yasuj, in the southwest of the country. It vanished from controllers’ radar screens at about 8:52 local time, 0522 UTC, and there were reports from people in the area of Samirom, about 14 miles (22 km) from its destination in Isfahan Province, of seeing it attempting an emergency landing in a pasture and of hearing the crash. Hundreds of searchers organized by the Red Crescent and using drones and dogs combed the mountainous terrain but were hampered by windy, foggy conditions and heavy snow. The search had to be suspended on Sunday. It resumed at dawn on Monday but weather then forced grounding the helicopters. At one point on Monday local officials announced searchers had found the wreckage, only to have the national civil aviation agency and the Red Crescent indicate the statement had been premature. A demonstration was reported by more than 100 people outside a Dena Kooh government office, demanding resignations.

The plane reportedly had a crew of six — a pilot and a co-pilot, two flight attendants, and two security guards — and 59 passengers, one of them a child. A man who recounted missing the flight told the Tabnak news site “God has been really kind to me”, expressing his sadness over those who had died.

The aircraft was 24 years old. Aseman Airlines, Iran’s third largest air carrier and owned by the national civil service pension foundation, said it had been in storage for seven years before recently being placed in operation again. Iran’s aircraft are aging and the country has been prevented from buying spare parts by international sanctions imposed in response to its nuclear program. Those sanctions were to be lifted under an agreement from 2015, and Iranian airlines, including Aseman, have ordered new planes from both Airbus and Boeing. However, since becoming US President, Donald Trump has declined to recertify the agreement.

There have been a number of serious Iranian air accidents in modern times. In 2011, at least 77 people died when an Iran Air Boeing 727 crashed during an emergency landing.

The pilot in the current crash, Captain Hojjatallah Foulad, successfully landed an ATR 72 at the airport in Yasuj in 2013 after one of the engines failed.

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Suresh Joachim breaks ironing world record

Tuesday, September 27, 2005

BramptonSuresh Joachim of Mississauga, Ontario continues to amaze, breaking yet another world record, this time at The Bay Court in Shoppers World.

From Thursday, September 22 at 8 am, to Saturday, September 24 at 3:05 pm, Suresh ironed continuously for 55 hours and 5 minutes, in front of the thousands of onlookers shopping at the mall those three days.

The achievement, now submitted to the Guinness Book of World Records, breaks the previous record by Eufemia Stadler of Zurich, Switzerland. Stadler completed 40 hours of continuous ironing from September 16-18, 1999.

Originally from Sri Lanka and Australia, Joachim is no stranger to the folks at Guinness. He currently holds twenty other records, ranging from greatest distance travelled on ‘up’ and ‘down’ escalators (225.44 km between May 25 and May 31 1998), furthest travelled on a treadmill in one week (659.27 km at a gym in Paris, France), and longest dance marathon by an individual (100 hours at the Dixie Outlet Mall).

This September, Suresh watched television in the lobby of WABC in New York City for 69 hours and 7 minutes, breaking the previous record by 19 hours. The event was covered daily on the talk show “Live with Regis and Kelly” as part of their Guinness World Record Breaker Week. He also recently set the record for longest time rocking in a rocking chair, at 75 hours.

A DJ on BBC Radio Cambridgeshire recently tried to break Joachim’s record for longest continuous time as a DJ. He was unsuccessful, and Suresh’s 120-hour World Record set on Geethavaani Tamil Radio in Scarborough stands unharmed.

The event helped raise funds for the Universal Fund for Suffering Children, whose funds are “utilized to save the world’s children from poverty, disease and war.” All of Joachim’s stunts have been dedicated to this charity.

What’s next for Suresh? He plans to start static cycling from October 18th, 2005 to October 22nd, 2005, in Britain. Suresh’s goal is 150 world records, which would beat the long-time record breaker Ashrita Furman, who has accumulated 94 records. While Furman started two decades ago, Suresh only discovered the Guinness Book of World Records in 1991, and started record breaking in 1996.

You can visit Suresh online at www.sureshjoachim.org

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
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FEMA accused of misusing trained disaster workers as public-relations workers

Monday, September 12, 2005

The Federal Emergency Management Agency (FEMA) is being criticized for misallocation of personnel in the wake of Hurricane Katrina. FEMA representatives said they requested volunteers from fire departments around the U.S., to handle its community relations campaign. However, a document FEMA sent to local fire departments asked for firefighters with very specific skills and who were capable of working in “austere conditions”. Fire departments around the nation responded by sending crews to the FEMA staging ground in Atlanta. Some of these crews were unaware that they were only going to be used for public relations work. Others, however, merely hoped that FEMA would allocate them to rescue and damage control operations once it saw their qualifications.

The firefighter’s objections are particularly poignant as one of FEMA public relations training seminars coincided with New Orleans Mayor Ray Nagin plea for firefighters on national television, to relieve his own exhausted crews. It is unclear if FEMA’s request for firefighters prevented any municipalities from responding to Mayor Nagin’s request.

Some firefighters have objected to their use as FEMA public relations officers because their municipalities must bear the cost of their salaries, as well as endure reduced firefighting capacity. FEMA has stated that it sought to use firefighters to avoid background checks required of federal employees.

Firefighters began receiving their assignments Monday, September 5th. Among these was a crew of 50 assigned to tour the devastated areas with President Bush and the press.

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American Housing Market Into The Double Bottom Recession}

Submitted by: Paul Hu

Another new high this year despite the U.S. stock market, investors are generally optimistic about the prospects for U.S. economic recovery. However, the latest U.S. economic data were mixed, there are many economic outlook remains uncertain. More analysts began to worry about, following the real estate bubble burst, the local debt crisis may be the biggest problem facing the U.S. economy.

U.S. property market into a double-dip recession

Blizzard does not seem to affect the American consumer’s shopping enthusiasm, according to MasterCard’s consultants SPENDINGPULSE latest data, this November 5 to December 24, excluding auto sales, U.S. retail sales rose 5.5% , hit the biggest gain in 5 years.

However, the retail industry has not heard the good news to promote a further rise in consumer confidence. U.S. industry research organization The Conference Board released data on 28, December consumer confidence index fell to 52.5, showing U.S. consumers remain cautious about the economic situation. The index of 90 or more is considered state of the economy is healthy growth. IHG Global Insight chief U.S. financial economist at Shell, said repair, consumer confidence levels are still far from normal, you may want to return to normal until 2012.

[youtube]http://www.youtube.com/watch?v=g1y-elhAW5I[/youtube]

In addition to retail, the U.S. real estate market is still not out of the woods. U.S. Standard & Poor’s Case – Shiller Home Price Index showed that in October this year, house price index in 20 U.S. cities fell 1.3% over the previous month, down 0.7% over September. U.S. housing price data provider Zillow Inc that the current U.S. real estate market, supply exceeds demand, prices will fall next year, more than 5%, until the bottom until the second half.

Well-known American economist, the “Dr. Doom” Roubini known that the U.S. real estate market is in a double-dip recession, house prices can only continue down the U.S. economy will not double-dip recession. Some analysts said that despite the higher than expected holiday retail sales growth, but consumer confidence fell, house prices continue to fall, oil prices also shot up, investors are expected for next year is not over-optimistic about the economic recovery.

Congress passed this month, the Obama administration’s tax cut plan, the world’s leading rating agency Moody’s warned that if the U.S. government deficit and debt levels continue to rise sharply, Moody’s will consider in the next 12 to 18 months United States sovereign credit rating lowered. According to Moody’s estimates that Obama’s tax cuts would reduce the U.S. Treasury 700 billion to 900 billion U.S. dollars in revenue.

Local investors worried about the debt crisis

U.S. Federal Government’s high level of debt has been a great concern in the market, where the debt crisis of the United States began to worry investors.

After the outbreak of the financial crisis, the U.S. government funding to the states a lot to make it out of trouble. But with the state government deficit, the lack of federal funds to fill the gap, debt has become increasingly serious. The first two years of economic recession led to sharp drop in local taxes, social security and other expenses increased, which makes some of the already debt-ridden local government matters worse, its solvency is questionable. California state government Zengyin fiscal emergency declared in huge deficit.

Whitney, the famous Wall Street analyst recently predicted that, following the real estate bubble burst, the local debt crisis may be the biggest problem facing the U.S. economy next year, the local municipal bond default by the United States will be a large number of outbreaks, involving an amount of up to hundreds of billions of dollars to the size of nearly 3 trillion U.S. municipal bond market impact.

“Bond King” Gross said it is closely following the trend of U.S. municipal bonds, these bonds yield is much higher than U.S. Treasuries, but it is worth noting that local government fiscal problems the U.S. has reached a similar level of the euro area.

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