Indian-American CEO sentenced to 20 months jail
US President Barack Obama has said that America had returned to robust competitiveness and the danger of jobs and industries fleeing to countries like China, India or Germany was over.
"When I took office, we put in place a new economic plan that rewards hard work instead of greed; a plan that rewards responsibility instead of reckless; a plan that focused on our middle class, (and) making them more secure," Obama said at a Democratic Fund Raiser in Austin, Texas.The US President said that the US "was competitive over the long run so the jobs and industries of the future weren't going to China or India or Germany, but were going to the United States of America, right here."
Gradually entering into an election mode with the mid-term elections less than three months ago, the US President has been frequently in his public speeches claiming how his policies are aimed towards stopping outsourcing of jobs and manufacturing.
Instead of spending money on special interest tax loopholes that don't create American jobs, we said we're going to make smart investments in education and innovation and clean energy that will benefit all people and our entire economy, he said.
"Instead of giving special interests free rein to write their own regulations, we demanded new accountability from Washington to Wall Street so that big corporations had to play by the same rules as small companies and by individuals.
That's only fair," Obama said.
Observing that it took nearly a decade to enter the current phase of the economic mess he inherited, Obama said it's going to take some more time to "dig our way out" of that hole.
"The devastation that has touched so many of our families, so many of our communities, that is going to take some time to heal. And I hear those stories firsthand wherever I travel.
I hear about them in the letters that I receive every night that I read from people who are doing their best to keep on striving towards that American Dream, but keep on hitting a bunch of road blocks and are looking for help.
So the road to recovery is long and it's filled with challenges. And I'm under no illusion that we've gotten there yet. We've got a lot more work to do," he said.
Continuing with his critic of the Republican policies, Obama said: "We've got a choice between a forward-looking agenda that is rebuilding the structure of this economy so it's working for all Americans, or just going back to the same stuff that got us into this mess."
Boston: An Indian-American CEO of an IT company has been sentenced to 20 months imprisonment and ordered to pay over $800,000 in restitution for his role in a bribery and kickback scheme.
In addition to the prison sentence, Bansal and his company have been ordered to pay $844,765 in restitution to the District of Columbia government, U.S. Attorney Ronald Machen said in a statement.
Virginia-resident Bansal and his company AITC had plead guilty on April 27, 2010 to bribing public officials.
During his guilty plea, Bansal admitted that between September 2005 and March 2009 he and his company paid more than $700,000 in bribes to Yusuf Acar and Farrukh Awan, then employees of the District of Columbia Office of the Chief Technology Officer.
Acar and Awan previously plead guilty to federal charges and are scheduled to be sentenced on August 12, 2010.
In addition to the prison sentence, Bansal and his company have been ordered to pay $844,765 in restitution to the District of Columbia government, U.S. Attorney Ronald Machen said in a statement.
Virginia-resident Bansal and his company AITC had plead guilty on April 27, 2010 to bribing public officials.
During his guilty plea, Bansal admitted that between September 2005 and March 2009 he and his company paid more than $700,000 in bribes to Yusuf Acar and Farrukh Awan, then employees of the District of Columbia Office of the Chief Technology Officer.
Acar and Awan previously plead guilty to federal charges and are scheduled to be sentenced on August 12, 2010.
Trojan-SMS virus attacks Android handsets
Bangalore: Anti-virus specialist Kaspersky Labs has found its first reported case of a Trojan-SMS that attacks Android handsets recently. There have been cases of the same type of malware on non-smartphones, but this is the first targeted at users of Google's operating system.
"The IT market research and analysis organization IDC has noted that those selling devices running Android are experiencing the highest growth in sales among smartphone manufacturers. As a result, we can expect to see a corresponding rise in the amount of malware targeting that platform," says Denis Maslennikov, the company's Mobile Research Group manager.
The virus, Trojan-SMS.AndroidOS.FakePlayer.a, comes disguised as a media player application and prompts users to install a file of just over 13 KB with the standard Android extension .APK. It then uses the phone to send multiple SMS text messages to premium rate numbers without the owner's knowledge. Obviously, this could end up costing the handset owner a fortune, and make a packet for scrupulous cybercriminals.
"Kaspersky Lab is actively developing technologies and solutions to protect this operating system and plans to release Kaspersky Mobile Security for Android in early 2011," added Maslennikov.
"The IT market research and analysis organization IDC has noted that those selling devices running Android are experiencing the highest growth in sales among smartphone manufacturers. As a result, we can expect to see a corresponding rise in the amount of malware targeting that platform," says Denis Maslennikov, the company's Mobile Research Group manager.
The virus, Trojan-SMS.AndroidOS.FakePlayer.a, comes disguised as a media player application and prompts users to install a file of just over 13 KB with the standard Android extension .APK. It then uses the phone to send multiple SMS text messages to premium rate numbers without the owner's knowledge. Obviously, this could end up costing the handset owner a fortune, and make a packet for scrupulous cybercriminals.
"Kaspersky Lab is actively developing technologies and solutions to protect this operating system and plans to release Kaspersky Mobile Security for Android in early 2011," added Maslennikov.
Campaign Promise :- Environmental PromisesThis one is pretty simple…I promise not to go back on environmental promises once elected President. Obama talks a great game but as we have seen pursues all the same Bush oil and energy policies. Say one thing, do another.
Obama’s latest broken promise to the environment stems from what he put in writing as a Presidential candidate to Greenpeace:
“As president, I will ensure that the U.S. provides leadership in enforcing international wildlife protection agreements, including strengthening the international moratorium on commercial whaling. Allowing Japan to continue commercial whaling is unacceptable.”
Barack Obama, March 16, 2008 Greenpeace candidate questionnaire
Guess what has happened since Yo’ Mama Obama took office:
* The Obama Administration is currently supporting a position within the International Whaling Commission that would allow the re-start of worldwide commercial whaling
* Right now countries like Japan, Norway, and Iceland are pushing for this deal, including opening up the Southern Ocean Whales Sanctuary for whaling.
Obama’s latest broken promise to the environment stems from what he put in writing as a Presidential candidate to Greenpeace:
“As president, I will ensure that the U.S. provides leadership in enforcing international wildlife protection agreements, including strengthening the international moratorium on commercial whaling. Allowing Japan to continue commercial whaling is unacceptable.”
Barack Obama, March 16, 2008 Greenpeace candidate questionnaire
Guess what has happened since Yo’ Mama Obama took office:
* The Obama Administration is currently supporting a position within the International Whaling Commission that would allow the re-start of worldwide commercial whaling
* Right now countries like Japan, Norway, and Iceland are pushing for this deal, including opening up the Southern Ocean Whales Sanctuary for whaling.

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