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FRIDAY, JULY 9, 2010VOLUME 84 ISSUE 153

twitter.com/DailyToreador

Rainfall totals approach

all-time recordSee Page 2

Voting should be based on

substance, not impulseSee Page4

WHAT’S INSIDE:

THE NEW PARKING garage, which is set for completion in time for football season, consists of 11 floors and will be home to retail stores, two sports bars and 1,500 parking spaces.

PHOTO BY PAUL HAILES/The Daily Toreador

New parking garage aims for convenienceBy EVAN JANSA

STAFF WRITER

With the 2010 football season just around the corner, Texas Tech students and fans have more than just the games themselves to look forward to.

Developer Clayton Isom of Tao Development Company said the new parking garage — called Raider Park and located north of Jones AT&T Stadium — will be com-pleted and operating in time for the Red Raiders’ season opener against Southern Methodist University on Sept. 5. Tao Development Company is based in Lubbock.

Isom said that after breaking ground in November, construction has progressed well.

“We are ahead of schedule, ac-tually,” Isom said. “Everything has been wonderful. We’re about one-and-a-half floors away from being done with the concrete.”

According to Isom, upon com-pletion, the mixed-use structure will have 11 floors, 10 of which will be devoted to parking. The garage will have 1,500 parking spaces and 16-17 exterior RV spaces with hookups.

It will cost fans $1,500 per year to reserve a parking space and $5,000 per year for an RV space, Isom said. Students can expect to pay $350 for the fall and spring semesters and $50 per summer session.

Bill Dean, executive vice presi-dent of the Texas Tech Alumni Association, said the alumni asso-ciation and Red Raider Club have formed a partnership to sell the spaces for the game days. A portion of the revenue from the spaces will benefit students.

“We will be paying the developer the bulk of that revenue,” Dean said. “The rest will go to our programs — scholarships and things of that nature.”

The term mixed-use structure is fitting for the garage. Isom said retail spaces and a sports bar will be placed on the bottom floor. The 11th floor will not have parking spaces, but instead a rooftop bar that is open

to the public, easily accessible and overlooks the stadium.

“The bottom sports bar area will have a back hallway to elevators that will go up to the bar on the 11th floor,” Isom said.

According to Isom, the first floor bar will hold about 200 people and the rooftop bar will have a capacity of approximately 700.

The ability for fans to park and socialize is a welcomed opportunity for some.

“The garage should draw for at-tention to that area and influ-ence people to park there. I always hate walking what seems like six miles to the game,” Aman-da George, a senior social w o r k m a j o r from Panhan-dle, said with a laugh. “And you can stop and get a drink, too. I don’t see anything wrong with that.”

Students al-ready have the opportunity to reserve parking spaces in the garage. These spaces will be available in the spring, and the ad-ditional parking should help shorten the waiting lists for the Flint Avenue Parking Garage and commuter park-ing areas that consist of about 4,500 and 1,800 students, respectively, Isom said. An exact price for the new garage was not confirmed.

The garage will also contain two features that have been designed with the environment in mind. Two cisterns will collect all of the rainwater that comes off of the struc-ture, Isom said. The cisterns hold around 40,000 gallons, all of which will be used to water the landscap-

ing around the garage. According to Isom, recycled material is being added to all structural concrete.

Construction Enterprises, Inc. has been contracted by Tao De-velopment for the construction of the garage. The company was introduced to Isom by Asset Plus, a developer that is in the construc-tion stages of the 25 Twenty student housing complex next door to the garage.

According to Barrett Kirk, senior vice president of development and

acqu i s i t ions for Asset Plus, g r o u n d w a s broken on the 249-unit proj-ect in May.

The com-plex will contain many student-friendly ameni-ties, including a 180,000 gal-lon resort-style pool, a theater, private study ar-eas and a virtual golf simulator.

25 Twenty will have a ca-pacity of 562 residents that will use the new parking garage. There will be a sky bridge that connects the two structures.

Residents will have the opportu-nity to reserve parking spaces close to the sky bridge for a monthly fee or park in any space in the garage during the week for free.

Leases will be available for fall 2011 beginning this December. Kirk said the project should be completed by next June.

“This is going to be something spectacular for Lubbock,” Kirk said. “I think we’re going to do well with the students. We’re just trying to give them what they want.”

“

“We are ahead of schedule, actually.

Everything has been wonderful.

We’re about one-and-a-half

floors away from being done with

the concrete.

CLAYTON ISOMDeveloper

Tao Development Company

➤➤evan.jansa@ttu.edu

Russia-US spy swap appears to be in motion amid arrestsBY LARRY NEUMEISTER AND

TOM HAYSTHE ASSOCIATED PRESS

NEW YORK (AP) — The larg-est Russia-U.S. spy swap since the Cold War appeared to be in motion Thursday, with a Russian convicted of spying for the United States reportedly plucked from a Moscow prison and flown to Vienna. Defense lawyers in the U.S. said they hoped for an immediate resolution for their 10 clients accused of spying for Russia.

A swap would have significant consequences for efforts between Washington and Moscow to repair ties chilled by a deepening atmosphere of suspicion.

Ten people accused of spying for Russia were expected to appear in New York federal court Thursday afternoon, and many were expected to enter guilty pleas to charges that could set deporta-

tion proceedings in motion. An 11th person charged in the case is a fugitive after jumping bail in Cyprus.

Igor Sutyagin, a Russian arms con-trol analyst serving a 14-year sentence for spying for the United States, had told his relatives he was going to be one of 11 convicted spies in Russia who would be freed in exchange for 11 people charged in the United States with being Russian agents. They said he was going to be sent to Vienna, then London.

In Moscow, his lawyer, Anna Stavitskaya, said a journalist called Igor Sutyagin’s family to inform them that Sutyagin was seen walking off a plane in Vienna on Thursday. However, she told The Associated Press she couldn’t get confirmation of that claim from Russian authorities.

Russian and U.S. officials have refused to comment on any possible swap.

Attorney Robert Krakow, who represents defendant Juan Lazaro, said Thursday that Lazaro’s actions Thurs-day would be motivated by a desire to be with his family. An attorney for defendant Anna Chapman, Robert Baum, said late Wednesday, “There’s a good possibility that the case will be resolved at the initial court appearance tomorrow.”

An attorney for defendant Donald Howard Heathfield, who was arrested in Massachusetts, said Wednesday, “if they can resolve the case, great,” when asked why his client was being transferred to New York.

Special riot police had beefed up security around Moscow’s Lefortovo prison early Thursday and a gaggle of TV cameras and photographers jostled for the best position to see what was go-ing on. A convoy of armored vehicles arrived at the prison, thought to be the central gathering point for people

convicted of spying for the West, in-cluding Sutyagin.

Police cars and prison trucks left the prison all morning, but it was unclear whether they carried any passengers.

“A swap seems very much on the cards. There is political will on both sides, and actually by even moving it as far as they have, Moscow has de facto acknowledged that these guys were spies,” intelligence analyst Pavel Felgenhauer said Thursday.

Five of the suspects charged with spying in the U.S. were ordered to New York on Wednesday, joining five others already behind bars there, after Sutyagin was transferred from a forlorn penal colony near the Arctic Circle and spilled the news of the swap.

Dmitry Sutyagin said his brother remembered only one other person on the Russian list of spies to be exchanged — Sergei Skripal, a colonel in Russian military intelligence who in 2006 was

sentenced to 13 years on charges of spying for Britain.

A spokesman for British Prime Minister David Cameron would not confirm or deny a possible London tie to the spy swap. “This is primarily an issue for the U.S. authorities,” spokes-man Steve Field said.

Defense lawyers in Moscow and New York have expressed confidence that their clients’ fates would be settled very soon.

The 11 suspects were formally charged in a federal indictment unsealed Wednesday in New York. All were charged with conspiring to act as secret agents; nine were charged with conspiracy to commit money laundering. The indictment demanded that those accused of money laundering return any assets used in the offense.

“Of certain events tomorrow that might occur, the fact the indictment

is minimal makes perfect sense. This is a crazy situation,” Krakow said Wednesday.

Prosecutors released a copy of the indictment as federal judges in Boston and Alexandria, Va., signed orders directing that five defendants arrested in Massachusetts and Vir-ginia be transferred to New York. All were charged in Manhattan.

The defendants were accused of living seemingly ordinary lives in America while they acted as unregistered agents for the Russian government, sending secret messages and carrying out orders they received from their Russian contacts.

All are in U.S. custody except for a man identified as Christopher R. Metsos, who is charged with be-ing the spy ring’s paymaster. Metsos, traveling on a forged Canadian passport, jumped bail last week after being arrested in Cyprus.

2

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Storm brings near-record July rainfall totalsBy TRISTIN WALKER

STAFF WRITER

After a two-and-a-half-day storm that brought up to eight inches of rain in parts of Lubbock, leftover flood waters threaten to cause further dam-age as more rain is expected during the weekend.

Andrew Pritchett, meteorologist for the National Weather Service of Lubbock, said the official total rainfall on record this July is 6.12 inches — a figure which was obtained at the Pres-ton Smith International Airport.

Last July, rainfall reached a total of 1.96 inches, which is lower than Lubbock’s average of 2.13 inches. However, this July is the second wettest on record, second only to 7.2 inches in 1976.

“The total rain so far has made this the second wettest July on record,” Pritchett said, “and we are only a few days into the month.”

Pritchett said some areas in south Lubbock received up to eight inches of rain. Garza County collected 14.5 inches of rain and the Post area collected 11 inches of rain.

Looking toward the upcoming week-end, Pritchett said Lubbock will certainly see more rain and a cold front.

“Compared to last year,” Pritchett said, “which was fairly hot and dry with the temperature reaching 107 to 108 degrees, this is definitely a change

in pace.”One of the main factors for this

change in weather, Pritchett said, was Hurricane Alex making landfall in Mexico. It began to work its way up into West Texas, and a lot of the moisture in the air caused heavy rain. Pritchett said Lubbock has a large high pressure system to the East currently holding the moisture.

Richard Johnson and his wife, San-dra Johnson — who have been in Lub-bock for 12 years — both said they were shocked by how much rain Lubbock has gotten over the last week.

“The rain just kept coming and coming,” Richard said. “You couldn’t even see 10 feet in front of you while driving.”

The family’s 4th of July weekend was interrupted by the rain, and Richard said he now owes his two sons some fireworks,

“Our outdoor barbecue turned into an inside chili-fest,” Richard said, “and our firework night turned into a movie marathon.”

Lubbock residents were not the only ones that were affected by last week’s rainfall. Starbucks Coffee Company, located at the intersection of 82nd Street and Quaker Avenue, suffered the failure of its flat roof due to the weight of the rain.

Starbucks management declined comment.➤➤tristin.walker@ttu.edu

THE PLAYGROUND EQUIPMENT located in Maxey Park sits in near-foot-deep flood water Wednesday afternoon.

PHOTO BY PAUL HAILES/The Daily Toreador

WADE NEWTON AND his daughter Lillian Newton, both of Lubbock, attempt to catch catfish Wednesday at Maxey Park.

PHOTO BY JUSTICE RICE/The Daily Toreador

Border violence spills onto Mexican ranches, farmsLAREDO, Texas (AP) — Mexi-

can rancher Isidro Gutierrez watched with disgust as federal inspectors here chalked a long stripe on his steer’s hindquarter. The animal could not be imported because its breed can be vulnerable to disease.

If inspections were still being done across the Rio Grande in Mexico, routine rejections like that would be just an inconvenience. But drug violence in the border region has chased American cattle inspectors back to the U.S. side, so Gutierrez has to pay brokers in both countries and hire a truck to take back rejected animals.

“It’s cheaper to kill him here,” Gutierrez said.

The drug violence along the U.S.-Mexico border is now spill-ing into the region’s agriculture, threatening the safety of ranchers and farmers, slowing down what was expected to be the best harvest in years, and raising the risk that some crops will rot in the fields.

Ranchers like Gutierrez have

trouble getting their animals to market. Farmers who once toiled long hours in the fields now fear be-ing attacked in the dark. Some are even being forced to pay protection money to keep from being kidnapped or having their harvest stolen.

“There are thousands of produc-ers who work all year to harvest the fruits of their labor, and it is the only income they have for the year, so we have to prevent extortion,” said Eugenio Hernandez Flores, the governor of Tamaulipas, the Mexican state bordering Texas from Brownsville to Laredo.

In late 2007, the Mexican mili-tary tried to curb violence by enter-ing urban areas along the eastern end of the border, a region prized by drug traffickers for its valuable smuggling routes near Tamaulipas.

The stepped-up military presence pushed more traffickers onto ranches and farms. In February, the fighting intensified after two allied gangs split and went to war with each other.

“It’s you against them, and you’re

a person of work against people of crime,” said a cattle rancher who spoke on condition of anonymity because he feared retaliation. “In Tamaulipas, ranchers and farmers, we don’t have security with what we’re doing. We don’t know if to-morrow we’ll be able to keep work-ing, or if tomorrow we’ll even come home from work.”

Tamaulipas is a key point of entry for Mexican produce and livestock, with major border crossings in Mata-moros, Reynosa and Nuevo Laredo. The area’s top crop is sorghum, a grain used primarily for animal feed. Other large crops include corn, okra and cotton.

For six weeks this spring, gang violence closed U.S. cattle inspec-tion stations in Reynosa and Nuevo Laredo. That forced Mexican ranch-ers to transport their animals more than 100 miles to the northwest. The inspection sites reopened in May at temporary locations in the U.S.

Karla Regina Baeza, an import broker who counts Gutierrez among

her clients, said she nearly went out of business when Laredo’s cattle-import business shut down. Since imports resumed, she has regained only a few clients.

She used to import 15 to 20 truckloads of cattle per week, but in a four-week stretch spanning May and June, she’s imported none. Baeza has laid off staff and cut hours for those who remain. She joined a Mexican delegation to Washington last month to ask USDA officials to provide a full-time inspector and to move the inspections back to Mexico.

Not only do rejected steers have to be re-imported to Mexico, but the ones that make it through are worth less because they have lost weight, Baeza said. The temporary inspection site in Laredo does not have food or water, so the cattle spend several hours in transit to the scales without anything to eat or drink. In a busi-ness that pays by the pound, that cuts into ranchers’ already slim margins, she said.

Elsewhere in Tamaulipas, farmers worry about whether they will be able to bring in what could be the biggest sorghum harvest in many years.

Because violence has restricted farmers to daylight harvesting, they had hoped for a long, dry stretch to bring in the crops. Instead they got Hurricane Alex, which dumped as much as a foot of water in some parts of Tamaulipas.

“I think we were about to pick a hell of crop,” said one large-scale farmer, a leader in Tamaulipas’ agri-cultural community, who also spoke on the condition of anonymity out of fear for his safety. “These guys won’t let us farm the way we want to farm, and now we get hit with this.”

And that’s not the only obstacle. The operators of huge harvesting ma-chines are staying away out of fear they could be hurt or have their expensive equipment stolen.

Meanwhile, gangsters are profiting. Some farmers pay protection money to criminal gangs to keep their workers from being kidnapped. A woman who exports aloe vera said her father pays protection money just to be allowed to conduct business.

“Everyone does,” the woman said in an interview at a sprawling produce warehouse complex in McAllen, Texas. She spoke on condition of anonymity, too, because she feared retribution from the gangs.

1

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Beach cleaners can overlook buried oil

GULF SHORES, Ala. (AP) — A problem lurks under the sand on the Gulf Coast, but some argue the best thing to do is — nothing.

Walk to a seemingly pristine patch of sand, plop down in a chair and start digging with your bare feet and chances are you’ll walk away with gooey tar between your toes. So far, workers hired by BP to clean oil off beaches have skimmed only the surface, using shovels or sifting machines.

The oil underneath is sometimes buried by the tides before workers can get to it. Now the company is planning a deeper cleaning program that could include washing or in-cinerating sand once the blown-out oil undersea well is plugged and the gusher stopped off the coast of Louisiana.

Meanwhile, BP managing director Bob Dudley said the spewing oil from the underwater well could possibly be stopped before the end of the month, but then said it’s unlikely.

“In a perfect world with no inter-ruptions, it’s possible to be ready to stop the well between July 20 and July 27,” Dudley told The Wall Street Journal.

But he added that the “perfect case” is threatened by the hurricane season.

As for cleaning the beaches, some experts question whether it’s better to just let nature run its course, in part because oil that weathers on beaches isn’t considered as much of a health hazard as fresh crude. Some environmentalists and local officials fret about harm to the ecosystem and tourism.

“We have to have sand that is just as clean as it was before the spill,” said Tony Kennon, the mayor of Orange Beach, a popular tourist stretch reaching to the Florida state line.

George Crozier, a marine scientist and director of the Dauphin Island Sea Lab, said tourism’s the only real reason to dig up the buried oil.

“Buried is buried. It will get carved up by a hurricane at some point, but I see no particular advantage to digging it up,” he said. “It’s a human environmental hazard only because people don’t want to go to the beach if it’s got tar balls on it.”

Meanwhile out in the Gulf of Mexico, choppy seas held up oil skim-ming operations all along the Gulf coast, one more day of interruption in more than week of weather kicked off by the faraway Hurricane Alex.

The weather could be moving on soon. A tropical system developing off Mexico’s Yucatan Peninsula is not expected to cause problems for the Gulf and there is better weather forecast for the weekend.

That could help crews at sea at-tempting to hook up a third contain-ment vessel to collect oil from the gushing well head at the seafloor. Between 86 million and 168 million gallons of oil have spewed into the Gulf since the rig Deepwater Hori-zon exploded on April 20, killing 11 workers. Oil has washed up on the shores of all five Gulf states, Ala-bama, Louisiana, Mississippi, Florida and the latest — Texas.

BP has high hopes to clean it all eventually. Mark DeVries, BP’s deputy incident commander in Mo-bile, envisions a time when no one

can tell what hit the beaches during the summer of oil.

“That’s our commitment — to return the beaches to the state they were before,” Devries said. “We’re referring to it as polishing the beaches.”

Chuck Kelly knows what a job that will be. He works at Gulf State Park and has been watching as tides bury even the worst oil deposits — slicks hundreds of yards long and inches deep — before cleaning crews can reach them.

“Some oil comes in with a wave, and another wave covers it with sand,” he said. “It’s just like a rock or a shell. There’s all sorts of things buried in this sand. Now, there’s oil.”

Judy Haner, a marine scientist with The Nature Conservancy, fa-vors deep-cleaning because the sand is home to small creatures like sand fleas, which form the base of the coastal food chain.

“They’re the ones exposed to (oil) every tidal cycle, and they’re living in the sand,” she said.

Firefighter recovering after ballpark fallFORT WORTH, Texas (AP) —

A firefighter who tumbled about 30 feet from the Texas Rangers stands while trying to catch a foul ball received a hospital visit — and the ball — from team president Nolan Ryan on Wednesday.

Tyler Morris, 25, who works at the Lake Cities Fire Department near Dallas, was at Tuesday night’s game with fellow firefighters when he fell over a second-deck railing onto field-level seats below.

He suffered a head injury and sprained ankle but no internal injuries, and was expected to be released from the hospital soon, friends said.

“Everything was happening so fast,” said Kevin Conner, who at-tended the game with Morris. “The ball went over us and bounced off the seats ... and he went toward it. Then he flipped all the way around but grabbed onto the railing (before falling). That’s what saved his life.”

Conner said Morris had not been drinking at the game.

After Texas’ Nelson Cruz hit the foul ball in the fifth inning of the game against the Cleveland Indians, the crowd gasped loudly, cried “Oh!” and stood up after Morris fell. Play-ers and fans appeared worried and somber, and the game was delayed about 15 minutes as paramedics treated Morris and transported him to a Fort Worth hospital.

Four people struck when Morris fell were treated at the ballpark for minor injuries.

Morris, described by friends as outgoing and kindhearted, was still a bit shocked Wednesday but was talking and making jokes, his friends said.

“Tyler’s used to being the person that helps other people, and now he’s in the position of needing help,” said Ben Westcott, a close friend and firefighter in the Fort Worth suburb of Watauga. “He said he’s thankful to be alive, and

he knows he’s lucky.”Ryan, the Hall of Fame pitcher

and Rangers’ president, said Mor-ris welcomed his visit and was “thrilled” to receive the foul ball he tried to catch. Ryan said the incident “hasn’t lessened his enthu-siasm for the Rangers.”

Ryan said the ballpark’s railings were 30.25 inches tall, higher than the required 26 inches. He said the facility did not plan to raise the height of the railings.

“So we feel it was strictly an ac-cident, an unfortunate thing that happened,” Ryan said at a Wednes-day news conference. “It’s pretty hard to guard against something of that nature.”

Some railings had been raised following a 1994 incident after the Rangers’ first game at the ballpark. A woman posing for a picture suffered multiple injuries after falling 35 feet, but Ryan said that incident was not related to the railings.

Texas mental health funding could be cutAUSTIN, Texas (AP) — The

Department of State Health Ser-vices has outlined nearly $246 million in possible cuts as Texas

faces a potential $18 billion shortfall in the next budget period.

The 2011 Legislature will have the final say as agencies respond to budget-trimming orders from Texas leaders, including Gov. Rick Perry.

More than 20,000 Texans who receive state-funded mental health services would lose care under pro-posed DSHS budget cuts released this week, according to a story

published Thursday in the Aus-tin American-Statesman. Mental health programs took the hardest hit with $134 million in proposed cuts.

DSHS has proposed an $80 million cut to the state’s 39 pub-licly supported community mental health centers, which provide low-cost psychiatric care for poor or uninsured people.

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OpinionsPage 4Friday, July 9, 2010

Voters should base decisions on substance, not impulseBy THOMAS LOTT

With the Major League Baseball all-star game coming up, I started to think about voting. I think it is great that people can vote for their favorite players around the league and feel they have control over something in a profes-sional sport.

However, this system has some seri-ous flaws. These flaws do not just show in voting for all-star teams, but also for elections for political offices.

One of my biggest complaints with voting for professional all-star teams is the idea of the snub. This is when a player who deserves to be on a roster is left off of it. It happens every single year. One of the clearest snubs I remember from recent memory is the case of Joey Votto.

Joey Votto is the first baseman for the Cincinnati Reds. He is tied for second in the league in home runs, in the top 15

in on-base percentage and runs batted in and reached base in 41 consecutive games at one point this year. He was left off the roster.

Someone who was not only on the roster, but is in the starting lineup is Atlanta Braves outfielder Jason Hey-ward. Heyward stormed onto the scene this year as a 20-year-old rookie, and started off the season as a leader in many statistical categories for offense. He has cooled off as of late, and is hitting only .251 while currently sitting on the disabled list.

Fans voted Heyward in because of all the hype he was given at the beginning of the season. Many commentators had him as a shoe-in for the National League Rookie of the Year, and with the way he started his season, it seemed as if he would live up to this billing.

Now, do not get me wrong. Heyward has put up amazing numbers, but to put

him in the starting line-up for the all-star game is a joke, especially if you leave a guy like Votto off the roster completely.

Major League Baseball has tried to remedy this problem by cre-ating the final vote for the all-star game. This is a chance for fans to vote in one last player who may have been left off the roster for whatever rea-son. The problem with this, once again, is that fans get to cast the final vote.

There is a very good chance that Votto could be left off the roster again because of another rookie who is on that

list: Stephen Strasburg.Anyone who watches SportsCenter

knows who Strasburg is. He is the young phenomenon who supposedly throws consis-tently in the high nineties and could cure cancer one day. Or at least this is what ESPN wants you to think.

He has been very good in his time in the majors this year. However, he has

only pitched 36 innings. He has a very good chance to make the all-star team with only 36 innings pitched, and Votto could be left off after carrying his team

to the top spot in the National League Central.

I wrote all this because I am informed and passionate about this subject. I will tell you right now — I am no expert on political races. I could not tell you what Bill White or Rick Perry’s stances are for the upcoming gubernatorial elec-tion. Because of this, if the election was tomorrow, I would not vote.

I understand our forefathers fought for our right to have a say in the election of our leaders, but I also believe they would not want us to vote for someone when we have no idea what they stand for. We would not be making an in-formed decision, and in a sense actually cause harm to the democratic system.

I used the example of the baseball all-star game because people do not just vote for political parties. But, I believe the thought process is often quite simi-lar. People vote for names they know,

or in the matter of politics, parties they affiliate themselves with.

When people cast these votes and do not make informed decisions, bad things can happen. To be honest with you, it happened the second time with the Bush administration. It may have been time for him to go. I think it also happened with the Obama administration — people did not realize he would force his agenda onto us and drag some of us kicking and screaming the whole way.

All of this happened because people were not informed. I hope people make good decisions this year in the elections and elect lead-ers who will make us go in the right direction. But if we do not know what they stand for and they make bad decisions, we will be to blame for electing them.➤➤tlott33@yahoo.com

“

“People vote for names they know, or in the matter

of politics, parties they affiliate

themselves with.

CorrectionsThe Daily Toreador’s reporters and

editors strive for accuracy in the news-gathering process. However, mistakes are inevitable.

It is The DT’s policy to correct mis-

takes in this spot as soon as possible.If you feel there is an error in a story,

please call Editor-in-Chief Ralston Rollo at 806-742-3393 or e-mail ralston.rollo@ttu.edu.

E-books not enough to replace printBy CASEY GOODWIN

THE DAILY COUGAR (U. HOUSTON)

E-readers are handy, cool and convenient, but they will never be able to do to reading what MP3 Players have done to music. Despite the high hopes of Amazon, Barnes & Noble, Apple and all the other companies so desperately hoping to take over the market with their e-readers, the devices simply do not have what it takes to completely extinguish print books.

The benefits of e-readers are undeniable, and given the success of the Kindle, the Nook and the iPad, it is clear that the devices will not be going anywhere. Their slim size makes them extremely convenient for on-the-go readers. Their large storage capacity allows

them to contain bookshelves worth of books in a size smaller than most hard covers. Best of all, the ability to browse and purchase books from the comfort of your own home (or, in the case of the Kindle which includes global 3G internet cover-age, anywhere), makes e-readers perfect for when you want to read a specific book but don’t want to go to a bookstore.

While e-readers are great for pleasure reading, they will never be able to surpass their print compan-ions when it comes to serious read-ing and comprehension. As any student who has had to deal with an electronic textbook knows, it’s much harder to study staring at a screen and trying to figure out some clumsy way to take notes than it is to simply rest a print book on your

lap and scribble notes, questions and diagrams on the margins.

Another problem with e-books is that they cannot be sold, traded or lent out as print books can. Once you buy an e-book, it is yours. You can delete it from your e-reader if you do not want to see it, but it is still yours. You cannot even loan it to a friend unless you want to entrust them with your entire $200 dollar e-reader and the rest of your e-book collection as well. You cannot buy a used e-book if you want to be cheap or trade e-books in for store credit. Throw in the fact that e-books are often the same price as or only slightly cheaper than print books, there often seems to be little reason to buy the e-book format.

E-books are strings of data,

binary 1s and 0s converted to readable print by the software and hardware that makes up an e-reader. Readers cannot touch e-books, feel them, or smell that used book smell from them. The fact that e-books are incorporeal further decreases their perceived value and makes it so that, when faced with identical prices for an e-book and a print book, the print book often seems like the most logical choice.

Barring a drastic change in the way e-books and e-readers are priced, it is impossible for them to overtake print books. Reading e-books on a computer screen is unpleasant, and only serious readers are willing to invest in an e-reader. Both print and e-book formats are here to stay.

The road most traveled – financial reformBy JOHN ANSELMO

THE CRIMSON WHITE (U. ALABAMA)

Ever had a sibling break Mom’s flower vase but refuse to fess up? Then you get laid with the blame, at no fault of your own? You are then the one suspected in every other trivial mishap in your house. Unfair, huh? Not in D.C.

Out of thousands of the – for some reason – very hurried pages in the new financial reform bill comes a new “watchdog” that will monitor and approve all extensions of credit. Regardless of whether an institution

was a massive firm in the middle of the subprime crisis or a hometown furniture store that has always lent responsibly, Washington has more regulation coming for anyone who offers consumers the option of charg-ing their purchases.

But for Mr. Massive Firm, the government will make sure all busi-ness decisions, including the unwise, risky and troubling, will be foolproof. A permanent bailout fund will be established. So they only have 3-1 odds of making major profits on some subprime mortgage securities? They may as well toss the dice; they

are insured (just like the last time they were too big to fail).

Considering the massive scale of the current financial crisis, one would assume much time and thought would be put into reforms to prevent such a painful recession from happening again. Why not a complete a thorough discussion before revamping this sec-tion of the code?

One big question that likely will not be investigated (given the im-pending Dodd-Frank deadline) and undoubtedly should be, is the govern-ment’s role in inflating the housing and financial bubbles that burst, trig-gering this crippling recession.

In 2003, Congress passed and then President Bush signed the American Dream Downpayment Act. This act gave the government the ability to pay down payments on homes, whether or not people could afford them. Conjur-ing in an office of bureaucracy, the Department of Housing and Urban Development decided to back billions in subprime loans. Many times these were offered with no down payment, so what were first time homebuyers

to do other than take the great op-portunity at hand?

Soon, these homeowners were then saddled with a mortgage they could not handle, and the bubble began to burst. Even people who could handle their mortgage saw the equity in their homes decline as home values plummeted because of the government-aided inflation of the bubble.

Fannie Mae and Freddie Mac, given special privileges through treasury credit lines, attracted capital they could have not gotten without government intervention, resulting in their bailout and mass foreclosures.

It is interesting to see the massive lack of blame placed on the man some call the most powerful in the United States, Federal Reserve Chairman Ben Bernanke. As the world neared eco-nomic danger in the spring of 2007, Bernanke, along with Treasury Sec-retary Hank Paulson, told Americans that the economy was strong, and our banks would be very, very stable for years to come. These pronouncements were made even as Americans saved at record low rates. The Fed then kept lowering interest rates, with no sav-ings to match, and sending feel-good vibes throughout the economy. Those vibes soon proved to be false.

How could they do such, and more importantly, why isn’t the Fed being held accountable in this current debate? After all, they lent $500 billion to foreign banks dur-ing the height of the economic turmoil. During Senate hearings, Mr. Bernanke couldn’t name the banks that received money from a $2 tril-lion dollar Fed program to stabilize balance sheets.

Our chance to get answers through an audit of the Feder-al Reserve in the Grayson-Paul amendment, which is a derived from a House Resolution that has 319 co-sponsors (including 5 from Alabama’s delegation), was thrown out. So much for Congress having oversight of the Fed as promised in its founding papers.

We have seen 14 recessions since the Fed’s inception and a 93 percent decline in the dollar. Yet, no ques-tions are asked as the elderly lose value in savings and low-income workers face an employment rate of over 30 percent in their bracket.