22aug14

ROUGH RIDER USS THEODORE ROOSEVELT (CVN 71)

NAVY MEDIA AWARD WINNING NEWSPAPER

AUGUST 22, 2014 • DAILY

EYES ON THE FUTURE FORD SAILORS TRAIN ON TR

KEEPING THE TANKS FULL

CONSERVING WATER WHILE UNDERWAY

EYES FUTURE ON THE

W

Story by MCSN Ryan Litzenberger

aves formed and ventured out into the seemingly endless ocean as the aircraft carrier USS Theodore Roosevelt (CVN 71) sliced its way through the water. Explosions of steam shot up from the flight deck as TR’s catapults slung aircraft into the atmosphere. Beeping radars echoed inside the control room as Sailors tracked the aircraft.

TR’s Sailors also operate and maintain electrical units, boilers, networks and other various necessities to keep the ship pressing onward toward the horizon, but they are not alone.

The crew is training Sailors from Pre-Commissioning Unit Gerald R. Ford (CVN 78) in rate-specific duties and giving them experience at sea. The training helps Sailors aboard the first Fordclass aircraft carrier get ready for the day Ford joins the fleet.

“I’m proud to know that I’m directly involved with preparing the Ford for future operations,” said TR Air Traffic Controller 1st Class Julius R. Challenger, a native of St. Croix, Virgin Islands. “I train the Ford Sailors so they can get their qualifications. I think it’s a vital role I’m playing, and I take pride in that.”

While TR Sailors are training Ford Sailors, the trainees are taking notes to pass on to others aboard Ford.

“In order to fly, there has to be qualified Sailors to run the operations,” said Ford Air Traffic Controller 1st Class Teresa Kiel, a native of Philadelphia. “It’s been four years since I’ve been on a ship, and it’s exciting because I feel like I’m rekindling my fire.

I’m learning all these things again so I can go back and qualify the Sailors on the Ford.”

TR Sailors are treating Ford Sailors as one of their own while underway. They are giving them the full experience of what it is like to be underway on an aircraft carrier.

“I love training Sailors,” said TR Intelligence Specialist 2nd Class Zachary S. Christenson, a native of Buckhannon, W. Va. “We include the Ford Sailors in all our daily activities, from cleaners to

standing watch. We are taking the necessary knowledge of being a Sailor and passing it on to them, and they are doing an amazing job.

I’m excited for them to take this experience and build from it on the Ford.”

TR is providing a platform for Ford Sailors not only to earn qualifications, but also provide unique and useful experiences they can take with them.

“On the Ford, there will be obstacles for me,” said Ford Intelligence Specialist Seaman Apprentice Richard A. Ayala, a native of Stafford, Va. “I feel Roosevelt’s chain of command is preparing me for those obstacles, whatever they may be. There’s a sense of pride being on an older Nimitz-class carrier and I can’t wait to take things one step further on the Ford.”

“I’m just excited to experience what it’s like to be a Sailor,” said Ford Intelligence Specialist Seaman Apprentice Keyla M. VargasColon, a native of Puerto Rico. “I’m doing a lot of things my rate requires of me that I just don’t get to do on the Ford yet. I briefed an admiral, Roosevelt’s commanding officer and executive officer for the first time. It was nerve racking, but I feel like I matured in my rate because of it. The experience of being underway is different than what I had imagined, but now I feel that I can sail on the Ford with confidence.”

The setting sun nestles itself in the horizon, painting a warm sky of yellow, orange and red. Aircraft land, catch the trap wires and proceed to park. Flight operations on TR are coming to an end for the day but it is not the end of training for Ford Sailors. Just as the sun will rise again in the morning, TR Sailors will continue to help them prepare for the day that Ford begins its first operation.

S

MC3 Heath Zeigler

ailors aboard the aircraft carrier USS Theodore Roosevelt (CVN 71) use fresh water every day for a number of things including showers, washing down jets on the flight deck and cooking food. With limited storage space, fresh water conservation helps keep our tanks full and water available when needed.

With more than 2,000 Sailors onboard and thousands more due to arrive in the near future, water conservation is essential to TR’s mission and Sailors’ quality of life.

“The importance of water conservation is to not violate the procedures that we have on the water levels that we have set onboard,” said Machinist’s Mate 3rd Class Joshua Kalinoski, from Reactor department. “Also, to not have wasteful usages, such as having [potable] water hoses over the side of the ship or taking longer than normal showers.”

Simple fixes, such as not letting the water run while shaving, or brushing your teeth, can reduce the impact of water usage throughout the day.

“The difficulties of producing potable water vary depending on where the ship is and what we are doing. Saying that, number one priority is reserve feed fresh water,” said Kalinoski. “If we have a casualty, we may not be able to produce potable water.

We will have everything going to try and recover the reserve feed fresh water. Because of that, we won’t be able to produce potable water.”

TR can implement what’s known as water hours if fresh water usage exceeds allowable limits.

“Water hours are set times that we allow the ship to use potable water to conserve the inventory,” said Kalinoski. “That means people can’t take showers when they want to and it puts a lot of strain on people.”

Sailors can help TR keep her fresh water tanks full by being mindful of water conservation and usage throughout the ship.

midnight in New York F R O M T H E PA G E S O F

FRIDAY, AUGUST 22, 2014

Israeli Strike Kills Hamas Leaders As Battle Turns JERUSALEM — Hamas is the party that keeps extending this summer’s bloody battle in the Gaza Strip, repeatedly breaking temporary truces and vowing to endlessly fire rockets into Israel until its demands are met. But the latest round of fighting appears to have given Israel the upper hand in a conflict that is increasingly becoming a war of attrition.

Barrages of rockets from Gaza sailed into Israel nearly nonstop on Thursday, but they did little damage, and a Hamas threat against Ben-Gurion International Airport failed to materialize. Israel, meanwhile, killed three top commanders of Hamas’s armed wing in predawn airstrikes, and by afternoon called up 10,000 reservists, perhaps in preparation for a further escalation but in any case a show of strength.

Israel’s advantage has never looked more lopsided. Unlike in the earlier phase of the war, Israel this week deployed its extensive intelligence capabilities and overwhelming firepower in targeted bombings with limited civilian casualties less likely to raise the world’s ire.

“There’s a longstanding conventional wisdom that Israel doesn’t do well in wars of attrition,” said Michael B. Oren, an Israeli historian and a former ambassador to the United States. “That overlooks a broader historical view that Israel’s entire existence has been a war of attrition, and we’ve won that war.”

Returning to a limited air campaign after weeks of a ground assault in which 64 of its soldiers were killed in surprisingly strong challenges by Hamas fighters, Israel was able to avoid the large-scale collateral damage that has provoked international outrage.

With Israel and the Palestinians apparently still far apart on terms for a durable truce, analysts suggested settling in for days or even weeks more of cross-border air exchanges. Diplomatic pressure appeared to be easing, if only because the world’s attention seems focused on other crises. JODI RUDOREN

© 2014 The New York Times

FROM THE PAGES OF

Syria Raids Seen as Key to Halting ISIS WASHINGTON — The Islamic State in Iraq and Syria cannot be defeated unless the United States or its partners take on the Sunni militants in Syria, the chairman of the Joint Chiefs of Staff said Thursday.

“This is an organization that has an apocalyptic end-of-days strategic vision that will eventually have to be defeated,” said Gen. Martin E. Dempsey, in his most expansive public remarks on the crisis since American airstrikes began. “Can they be defeated without addressing that part of the organization that resides in Syria? The answer is no.”

But Dempsey and Defense Secretary Chuck Hagel, who both spoke at a Pentagon press conference, gave no indication that President Obama was about to approve airstrikes in Syria.

Dempsey also was circumspect in describing the sort of broad effort that would be required to roll back ISIS in Syria and Iraq.

“It requires a variety of instruments, only one small part of which is airstrikes,” he said.

Even so, Dempsey’s comments

were notable because he is the president’s top military adviser, and had been among the most outspoken in describing the risks of ordering airstrikes in Syria when the civil war there began.

In the current battle with ISIS inside Iraq, Obama’s military strategy has been aimed at containing the militant organization rather than defeating it, according Gen. Martin to Defense De- E. Dempsey partment officials and military experts.

In planning its campaign against ISIS, American military officers have been contending with a highly mobile force that can move across the Iraq-Syria border with impunity.

According to one American intelligence estimate, ISIS could not be easily defeated by killing its top leadership. Given its decentralized command and control, experienced militants could

easily replenish its upper ranks.

“If there is anything ISIL has learned from its previous iterations as Al Qaeda in Iraq, is that they need successions plans because losing leaders to counterterrorism operations is to be expected,” said one intelligence official, using an alternative name for the group. “Their command and control is quite flexible as a result.”

American officials caution that intelligence experts are still assessing ISIS’s current strength and that pinning down the precise number of its fighters is difficult.

Those that have been on the receiving end of ISIS’s attacks believe more action is needed.

“ISIS needs to be fought in all areas, in both Iraq and Syria,” said Atheel al-Nujaifi, the governor of Iraq’s Nineveh Province, which is now mostly held by ISIS. “The problem is finding a partner on the ground that can work with them because the jets can’t finish the battle from the sky.”

MICHAEL R. GORDON and HELENE COOPER

Terrorist Horror, Then Golf: Incongruity Fuels Critics WASHINGTON — He had just hung up the telephone with the devastated parents before heading in front of the cameras.

Unusually emotional, President White Obama declared him“heartbroken” by House self the brutal murder of Memo an American journalist, James Foley, and vowed to “be relentless” against Islamic radicals threatening to kill another American.

But as soon as the cameras went off, Obama headed to his favorite golf course on Martha’s Vineyard, where he is on vacation, seemingly able to put the savagery out of his mind. He spent the rest of the afternoon on the links even as a firestorm of criticism erupted over what many saw as a callous indifference.

Presidents learn to wall off their feelings. And few presidents have been known more for cool, emotional detachment than Obama.

Yet the juxtaposition of his indignant denunciation of terrorists and his outing on the greens this week underscored the unintended consequences of such a remove. If Obama hoped to show America’s enemies that they cannot hijack his schedule, he also showed many of his friends in America that he disdains the politics of appearance.

It was all the more striking given that Prime Minister David Cameron of Britain canceled his vacation after the Islamic State in Iraq and Syria released the video showing Foley’s death because the accent of the masked killer suggested he came from Britain. Former Vice President Dick Cheney told Fox News that Obama would “rather be on the golf course than he would be dealing with the crisis.”

But the criticism went beyond the usual political opponents.

Privately, many Democrats

shook their heads at what they considered a judgment error.

Ezra Klein, an online journalist normally sympathetic to Obama, wrote on Twitter on Wednesday that “golfing today is in bad taste.” The New York Daily News published a front-page photograph of a grinning president in a golf cart next to a picture of Foley’s distraught parents.

“As a general rule, I think that he’s right that you can’t be held hostage to the news cycle — the man deserves a bit of downtime,” said Jim Manley, a longtime Democratic strategist. “But in this particular instance, I think a lot of Democrats flinched a little bit.”

The video, Manley added, “was just so shocking that the idea that he was going to immediately run to the golf course was just a little too much for folks. It was tonedeaf.”

PETER BAKER and JULIE HIRSCHFELD DAVIS

INTERNATIONAL

Broadcaster Fires Chinese Blogger Exiled to Germany BERLIN — In the wake of a debate over the 1989 Tiananmen Square massacre, a well-known Chinese government critic has been fired from her job at a German public broadcaster.

The activist, Su Yutong, 38, who has been exiled in Germany since 2010, was informed Tuesday that her contract with Deutsche Welle would not be renewed in 2015. In a statement on Wednesday, the broadcaster said the decision had been made because she disclosed information about internal meetings and publicly criticized a co-worker.

Many commentators on Chinese-language social media, however, see more at work, especially because Su was one of the most prolific bloggers on Deutsche Welle’s widely read Chinese-language website, and often very critical of Chinese government policy. In recent months, they say, more pro-Beijing voices have been given greater prominence.

“Deutsche Welle seems to need voices like this now,” said the Beijing-based Tibetan writer Tsering Woeser. “As a foreign media outlet, it seems that Deutsche Welle has really deviated from standard news principles and values.”

Su’s case stemmed from a column published on the Deutsche Welle website on June 4, the 25th anniversary of the Tiananmen massacre. Written by a regular Deutsche Welle columnist, Beijing-based media consultant Frank Sieren, the column argued that some Western media were unfairly critical of the Chinese government over the massacre.

This ignited a storm of lively debate, with some Chinese writers accusing Deutsche Welle of giving equal weight to viewpoints that many people believe are discredited. Su soon joined the fray.

Perhaps most significant, she posted accounts of internal meetings held between Deutsche Welle directors and its Chinese-language staff, in which the staff is said to have been told to tone down its coverage.

“He told us that he had been to see the Chinese ambassador and that we shouldn’t be so critical,” Su said in an interview. “That seemed very problematic issue for us.”

IAN JOHNSON

FRIDAY, AUGUST 22, 2014

2

Junta Leader Is Named Premier of Thailand The army general who led the overthrow of Thailand’s elected government in May was named prime minister on Thursday by a rubber-stamp legislature, sealing the military’s acquisition of near-absolute power in a country once considered a regional beacon of political freedom.

Gen. Prayuth Chan-ocha was chosen as prime minister by the National Legislative Assembly, whose members were handpicked by the junta last month. There were no dissenting votes, and Prayuth was the only candidate.

Thailand has a history of generals seizing power, but the military has been more aggressive in rooting out democratic institutions than after the coup in 2006. All popular elections have been suspended, including those for local councils that first appeared over a century ago when Thailand was an absolute monarchy.

King Bhumibol Adulyadej, who is 86 and ailing, has endorsed the

junta and was expected to approve Prayuth’s selection.

Thailand’s military says it will eventually restore democracy.

But the junta has not provided a firm timetable for elections, and an interim constitution says that democracy, when it is restored, will be “suitGen. Prayuth able for a Thai context,” a Chan-ocha vague qualification that has yet to be defined.

Surachart Bamrungsuk, a professor at Chulalongkorn University in Bangkok and an expert on the Thai military, describes the current system as a “soft dictatorship” and says the top generals are trying to cement their place in the country’s future. “What they want is a kind of guided democracy where the military has a super-

visory role,” Surachart said.

Although martial law is still in effect and more than 500 people with links to political activism have been detained since the coup — most of them since released — the junta’s political repression is scarcely felt on the streets of Bangkok, which remain lively despite a 10 percent drop in the number of foreign tourists this year and an economy that shrank in the first half of 2014.

Even those skeptical of the coup admit that the military has significant support, especially among the urban middle class.

The military seized power on May 22.

The coup achieved the ultimate goal of the protesters: the removal from power of the party founded by the billionaire former prime minister, Thaksin Shinawatra, whose movement has strong support in the provinces but antagonized the Bangkok elites.

THOMAS FULLER

In Brief Foreign Minister to Be Turkey’s Next Premier The Justice and Development Party, which has ruled Turkey for more than a decade, nominated Foreign Minister Ahmet Davutoglu on Thursday to succeed President-elect Recep Tayyip Erdogan as prime minister and party chairman. Erdogan delivered the announcement after a three-hour meeting with the party’s executive board in Ankara. Davutoglu, 55, has long been expected to take over the reins of the party, known as AKP. He is a longtime ally of Erdogan, having previously served as his chief adviser, and has overseen the country’s foreign affairs for five years. (NYT)

Convoys Inspected Inspectors from Russia, Ukraine and the International Committee of the Red Cross on Thursday began checking trucks to confirm that the vehicles are carrying aid destined for eastern Ukraine, the Red Cross said. The convoy of 260 trucks, which Russia has said are carrying water, food and other supplies, arrived in the Rostov region a week ago but became mired in diplomatic

KIMIMASA MAYAMA/EUROPEAN PRESSPHOTO AGENCY

A Search for Life In Hiroshima, Japan, the police said Thursday that 39 people were confirmed dead and 51 others were missing after hillsides caved in or were swept down into residential areas after heavy rains. disputes. Galina Balzamova, a spokeswoman for the Red Cross, would not say how long the checks would take.

(NYT)

Fast-Food Sites Shut Moscow’s flagship McDonald’s just off Pushkin Square — a symbol of the thawing of the Cold War when it became the first McDonald’s in the Soviet Union, in 1990 — was one of four in Moscow

that the Russian government ordered closed on Wednesday.

The official reason given by Rospotrebnadzor, the country’s consumer protection agency, was “numerous violations of the sanitary code.” “I heard that they were going to shut down McDonald’s restaurants because of the conflict with the U.S.,” said Sanat Parmanova, who had her heart set on a double cheeseburger.

“It’s all political.”

(NYT)

FRIDAY, AUGUST 22, 2014 3

NATIONAL

Guard Pulls Out of Ferguson as Tensions Ease FERGUSON, Mo. — Gov. Jay Nixon ordered the Missouri National Guard to begin a withdrawal from this small city on Thursday, signaling that the authorities believed they had largely restored order after nearly two weeks of unrest set off by the police shooting of an unarmed, 18-year-old black man.

The move came after a second night of calm marked by none of the clashes between the police and protesters that had been a regular occurrence since the Aug. 9 shooting of Michael Brown.

In a statement, Nixon said the situation had “greatly improved with fewer incidents of outside agitators interfering with peaceful protesters and fewer acts of violence.”

In Washington, Attorney General Eric H. Holder Jr., who had ordered a federal civil rights investigation into the shooting soon after it took place, indicated that the federal effort continued.

“It’s going to take time for us to

develop all the facts, develop all the evidence and see where the case will ultimately go,” he said.

“It’s most important that we get it right.”

Federal prosecutors, however, face significant obstacles to bringing civil rights charges in the shooting, officials said Thursday.

The authorities said that, whatever their investigation concludes, the Justice Department expects to deliver a detailed report into the shooting, a move that indicated the emotional nature of the case and the department’s view that it can the offer the public an independent review of the facts.

The announcement that the National Guard would be slowly moved out was met with relief here from residents and officials who said they were finally, tentatively seeing widespread calm.

Only seven arrests were made overnight Wednesday, said Brian Schellman, a spokesman for the St. Louis County police, who added that the department has made

204 arrests relating to the protests since Aug. 9.

A sizable but peaceful crowd gathered at the site of Brown’s death. Still, officials were acting cautiously, aware that the peace was tenuous and moods can change after dark.

On top of the investigation into the shooting, Holder and top Justice Department officials are considering whether to open a broader civil rights investigation into the Ferguson Police Department.

Officials are concerned about reports of other allegations of police abuse.

But with prosecutors and F.B.I. agents still working in Ferguson, and with tensions easing after two weeks of unrest, a decision on whether to open that investigation — or not — risks inflaming the situation anew.

“There’s nothing I want to announce at this time in regards to that,” Holder said on Thursday.

“We are keeping all our options open.”

(NYT)

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In Brief Perry Cites Threat Gov. Rick Perry of Texas warned Thursday that militants from the Islamic State in Iraq and Syria and other terrorist groups may have already slipped across the Mexican border. At a conference at the Heritage Foundation in Washington, Perry said there is “no clear evidence” that terrorists have entered across the southern border. But he argued that illegal immigration should be considered a national security issue, citing an increase in crime.

(NYT)

‘Ice Bucket’ Grows The “Ice Bucket Challenge” continues to dominate social media and has now raised more than $41.8 million for amyotrophic lateral sclerosis, known as Lou Gehrig’s disease. Donations to the ALS Association, a nonprofit that funds research to find treatments and a cure, have surged since the trending began in late July. (NYT)

BUSINESS

FRIDAY, AUGUST 22, 2014

THE MARKETS

Settling for $16 Billion, Bank Likely to Pay Less bear under the settlement. But Bank of America already wrote down many of its troubled mortgages years ago. And investment firms may now own some of the loans that get written down, potentially shielding the bank from a financial hit.

“The real financial cost to the bank could be considerably lower,” said Laurie Goodman, a specialist in housing at the Urban Institute. “This is helping consumers, but it may not be costing the bank.”

The actual pain to the bank could also be significantly reduced by tax deductions. Tax analysts, for instance, estimate that Bank of America could derive $1.6 billion of tax savings on the $4.63 billion of payments to the states and some federal agencies under the settlement.

“The American public is expecting the Justice Department to hold the banks accountable for its misdeeds in the mortgage meltdown,” said Phineas Baxandall, an analyst with the U.S. Public Interest Research Group, a consumer advocacy group.

“But these tax write-offs shift the burden back onto taxpayers and send the wrong message by treating parts of the settlement as an ordinary business expense.”

Still, government authorities, in announcing the settlement on Thursday, put emphasis on the aid that will come to borrowers.

“This historic resolution — the largest such settlement on record — goes far beyond ‘the cost of doing business,’” said Attorney General Eric H. Holder Jr. PETER EAVIS and MICHAEL CORKERY

Europe Fears Banks Lack Cushion to Cover Loans As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash.

To buttress their case, some analysts have dusted off an obscure American bank metric that highlights the extent to which Europe’s increasing number of nonperforming loans is threatening to overwhelm existing bank cushions.

The measure, called the Texas ratio, was developed by an analyst who covered troubled United States banks during the late 1980s and early 1990s. During that period, numerous Texas-based financial institutions collapsed under

the weight of faulty real estate loans.

Part of what has made the Texas ratio attractive to analysts and regulators is its simplicity. When the ratio of bad loans to equity and cash set aside exceeds 100 percent, it suggests that the bank is either ready to fail or is in desperate need of new capital — as was the case with Texas banks in the 1980s.

“We found it to be a very good guide telling you which banks would fail,” said Gerard S. Cassidy, the bank analyst who introduced the formula and coined the name. “It’s a ratio that everyone can understand.”

Now as the European Central Bank prepares to become the

Lego faced this year when a little girl’s letter went viral — she had begged Lego to produce more realistic sets for girls that gave them adventures and jobs rather than beach get-ups or baking duties.

Within days of its appearance early this month, the Research Institute — a paleontologist, an astronomer and a chemist — sold out on Lego’s website and will not be available at major retailers, including Target and Walmart.

Lego said the set was manufactured as a limited edition, meaning it was not mass-produced.

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22.18 0.33%

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NIKKEI 225

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165.66 0.66%

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5.86 0.04%

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primary bank regulator in the eurozone, the extent to which lendCOMMODIT IES/BONDS ers in troubled economies like GOLD 10-YR. TREAS. CRUDE OIL Spain, Italy, Portugal and Greece YIELD have sufficient cash to protect against ever-rising bad loans has D 19.70 D 0.02 U 0.51 $93.96 emerged as a crucial question for $1,273.70 2.41% investors, banks and regulators.

And with European banks sharing similar characteristics FOREIGN EXCHANGE with Texas banks in the late 1980s Fgn. currency Dollars in — nonperforming real estate in Dollars fgn.currency loans and slim cash buffers — the .9297 1.0756 Texas ratio has emerged as a pop- Australia (Dollar) Bahrain (Dinar) 2.6524 .3770 ular analytical tool.

Brazil (Real) .4409 2.2680 It is a great way, Cassidy said, Britain (Pound) 1.6578 .6032 .9140 1.0941 to ask the most important ques- Canada (Dollar) .1626 6.1510 tion a bank analyst or investor China (Yuan) .1782 5.6131 will ever want answered: Does Denmark (Krone) Dom. Rep. (Peso) .0230 43.4500 the bank have enough money?

Egypt (Pound) .1399 7.1500 LANDON THOMAS Jr. Europe (Euro) 1.3280 .7530

Lego’s Science Line for Girls Is Sellout, but It’s Short-Lived Lego is demonstrating this summer that role models in science and technology for girls are still fairly scarce in toy land, just as in the real world.

The company stirred excitement this month by debuting a line aimed at girls called the Research Institute, Lego’s first offering to feature women in a professional setting rather than at play or partying.

The set included three female scientists in their respective labs.

Its introduction made news, especially given the pressure

DJIA 60.36 0.36%

The true enthusiast can still buy the Research Institute at Amazon.com, however, but for about three times its $19.99 price.

Toy experts say that manufacturers are starting to realize that some traditionally male toys may appeal to girls, too, and vice versa. Bronies, adult male fans of the My Little Pony toy line, regularly hold conventions.

“I think what we’re starting to see a gender breakdown in the toy aisles,” said Jim Silver, editor in chief of Time to Play Magazine.

RACHEL ABRAMS

Hong Kong (Dollar) Japan (Yen) Mexico (Peso) Norway (Krone) Singapore (Dollar) So. Africa (Rand) So. Korea (Won) Sweden (Krona) Switzerland (Franc)

.1290 .0096 .0763 .1627 .8007 .0934 .0010 .1452 1.0972

7.7500 103.82 13.1062 6.1454 1.2489 10.7025 1023.4 6.8888 .9114

Source: Thomson Reuters

ONLINE: MORE PRICES AND ANALYSIS

➡

The Justice Department said on Thursday that it had so far recovered nearly $37 billion from big banks for their role in selling shoddy mortgages before the financial crisis.

Such a large number — intended to deter misdeeds in the future — suggests that Wall Street is being made to pay for its role in stoking the subprime debacle.

Yet the financial pain inflicted by the settlements may not be as great in the end.

Take the latest and largest mortgage settlement. Bank of America has agreed to a $16.65 billion deal with federal and state authorities. The actual financial burden for Bank of America may not exceed $12 billion.

At issue is how much of the cost of the $7 billion in “soft dollars,” or help for borrowers, the bank will

4

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BUSINESS

China Falters in Efforts to Produce Natural Gas SHOUYANG, China — Jin Peisheng, a drilling rig foreman, knows the challenges of trying to extract natural gas from a coal seam under the cornfields here in north-central China.

Cracks in the subterranean coal are flooded with water that needs to be pumped out before the gas will emerge. The coal seams are so cold that gels injected into the well, which are meant to help release the gas, sometimes become gummy and block the flow instead. And there is constant concern about hitting the labyrinths of active coal mines that honeycomb the area.

“The big uncertainty is what’s underground — if there’s a tunnel, that’s a big danger. It would be dangerous for the miners,” Jin said.

Faced with severe air pollution from coal and a rising dependence on energy imports, China has been eager to follow the United States by rapidly increasing natural gas output. Replacing coal with natural gas has also been central to Beijing’s hopes to limit emissions of global warming gases in China, the world’s largest producer of carbon dioxide.

But China’s ability to extract sufficient natural gas is in serious doubt. Despite heavy investment and strong government support, China’s natural gas production

ADAM DEAN FOR THE NEW YORK TIMES

is growing at a slower pace than its decelerating economy. China’s production of natural gas increased just 6 percent last year.

China’s main problem is that shale gas production has fallen far short of expectations. That has left the country relying on alternative methods considered also-rans by American standards, like pumping natural gas from coal fields.

Now, the Chinese government appears to be acknowledging the shortfall. Wu Xinxiong, the director of the National Energy Administration of China, unexpectedly said in a speech this summer that China’s target for domestic natural gas production in 2020 was only 30 billion cubic meters for shale gas and another 30 billion cubic meters for coal seam gas. Just two years ago, the

China is facing severe pollution from coal and a rising dependence on energy imports. A coal bed methane operation in Shanxi Province.

National Energy Administration estimated that China would produce 60 billion to 100 billion cubic meters of shale gas alone by 2020.

“If the population and economy keep growing, and extensive energy use continues, sustaining China’s energy supply will be hard,” Wu warned.

Gas production has been slow to rise despite energetic efforts

by Beijing to make it financially attractive for energy companies, including direct subsidies for shale gas production.

With domestic supplies increasing slowly, China has been looking elsewhere. It agreed in May to buy gas from Russia under a 30-year, $400 billion deal.

And it has begun importing liquefied natural gas from Qatar, Australia and Yemen.

KEITH BRADSHER

Marketers Are Sizing Up Millennials as Consumers Millennials have been called a lot of names: narcissistic, lazy, indecisive. They have been labeled the boomerang generation for the many unable or unwilling to leave their parents’ home, or even more negatively, the Peter Pan generation because they supposedly won’t grow up.

But now marketers, manufacturers and retailers are recognizing the group’s potential as something important to their bottom line: the consumers who will drive the economy in the decades ahead.

Since the 1960s — the era of “Mad Men” — the baby boom generation, born between 1946 and 1964, has dominated corporate strategies behind selling nearly everything. Still constituting one-fourth of the nation’s population, baby boomers created an economy fueled by credit cards and trips to shopping malls

5

FRIDAY, AUGUST 22, 2014

as they came of age in a time of relative affluence.

But now young adults in their 20s are moving to surpass baby boomers as the largest age group, changing the way everything is sold, even breakfast drinks and mattresses.

“Our whole consumer model is based on the baby boom,” said Diane Swonk, chief economist for Mesirow Financial. Now, the coming generation is “setting up a whole new consumer model.”

Perhaps the biggest change is that today’s young adults — in part because they came of age in a harsher economic climate, in part because they have many more choices — are putting off major life decisions as well as the big purchases that typically go with them. As a result, their consumer behavior is unpredictable.

“They’ve learned to live life in a different way,” Swonk said.

There is no official age range for millennials but the generation generally is defined as being born between the early 1980s and early 2000s. By 2020, they will be one-third of the adult population.

At the same time, millennials are the most educated generation in American history.

Adapting to this new group of consumers should be worth it.

While baby boomers, not surprisingly, outspend millennials by a wide margin, millennials already represent $1.3 trillion in consumer spending, out of total spending of nearly $11 trillion, according to a study by Moosylvania, a digital marketing company in St. Louis.

Young adults, the study found, need a lot of reassurance but do not like to be marketed to.

“No one truly understand millennials,” the researchers summarized. “Not even millennials.”

DIONNE SEARCEY

MOST ACTIVE, GAINERS AND LOSERS

% Volume Stock (Ticker) Close Chg chg (100) 10 MOST ACTIVE Bankof (BAC) eBay (EBAY) HP (HPQ) Intel (INTC) Apple (AAPL) HertzG (HTZ) Sprint (S) Pfizer (PFE) Citigr (C) JCPenn (JCP)

16.16 55.89 37.00 35.15 100.58 30.10 5.56 28.82 51.07 10.17

+0.64 +2.49 +1.88 +0.65 +0.01 ◊0.23 +0.06 ◊0.07 +1.27 ◊0.16

+4.1 +4.7 +5.4 +1.9 +0.0 ◊0.8 +1.1 ◊0.2 +2.6 ◊1.5

1757566 504310 394973 369994 333653 301660 251513 242973 241399 225893

% Volume Stock (Ticker) Close Chg chg (100) 10 TOP GAINERS HeatBi (HTBX) Digita (DGLY) ChinaH (HGSH) BonTon (BONT) AmerCa (CRMT) Divrsc (DVCR) TrueCa (TRUE) Argos (ARGS) Childr (PLCE) Globan (GLOB)

5.30 7.01 5.60 10.21 41.86 9.75 18.73 8.46 54.38 12.45

+1.16 +1.22 +0.90 +1.16 +4.67 +0.94 +1.68 +0.68 +3.93 +0.88

+28.0 +21.1 +19.1 +12.8 +12.6 +10.7 +9.9 +8.7 +7.8 +7.6

13652 74109 15307 12083 3096 225 11604 3228 17904 2855

% Volume Stock (Ticker) Close Chg chg (100) 10 TOP LOSERS Kindre (KIN) T2Bios (TTOO) RexAme (REX) Kirkla (KIRK) StageS (SSI) Advanc (ADES) SearsH (SHLD) Arrowh (ARWR) Sunesi (SNSS) RavenI (RAVN)

10.21 20.43 92.07 17.30 17.03 21.00 33.38 12.72 6.74 27.02

◊4.00 ◊2.54 ◊10.26 ◊1.68 ◊1.47 ◊1.65 ◊2.57 ◊0.94 ◊0.48 ◊1.88

◊28.1 ◊11.1 ◊10.0 ◊8.9 ◊7.9 ◊7.3 ◊7.1 ◊6.8 ◊6.6 ◊6.5

20767 1746 4282 7958 18455 4252 46283 40965 7384 2480

Source: Thomson Reuters

Stocks on the Move Stocks that moved substantially or traded heavily on Thursday: Hormel Foods Corp., up $2.06 to $49.92. The maker of Spam and Dinty Moore stew reported a 21 percent jump in quarterly profit, topping Wall Street expectations.

Hertz Global Holdings Inc., down 23 cents to $30.10. The activist investor Carl Icahn has taken an 8.5 percent stake in the rental car company and may seek representation on its board.

Hewlett-Packard Co., up $1.88 to $37.

The personal computer and printer maker reported a 29 percent quarterly profit drop, but its adjusted results met expectations.

Sears Holdings Inc., down $2.57 to $33.38. The retailer reported a hefty second-quarter loss, and it plans to cut more costs, including closing stores.

Auxilium Pharmaceuticals Inc., up 78 cents to $18.55. The biotechnology company said its potential cellulite drug met key goals and improved appearance in a midstage clinical trial.

America’s Car-Mart Inc., up $4.67 to $41.86. The automotive retailer reported better-than-expected quarterly profit and revenue, though revenue at established stores declined.

(AP)

TRAVEL

FRIDAY, AUGUST 22, 2014

A Little Bit Country, a Little Bit Gay At Dollywood, the place on a Venn diagram where gay camp and Southern camp overlap, cinnamon rolls might be the great equalizer.

They’re more loaf than roll, really. You find them at the Grist Mill, a working water-powered replica of an old country mill inside the wildly popular theme park.

The hot loaves of sin are not for the gluten-free, nor for those who might select their food based on where it came from. But there didn’t seem to be many of those people around.

There were, however, large groups of Southern Baptists who showed up in matching T-shirts.

There were exhausted families from North Carolina trying to get grandma out of the wilting heat.

There were rowdy college students from Ohio on a road trip.

And then there was us, a lesbian couple who traveled to see if we could find the campy gay undercurrent that runs through Dollywood, arguably the most culturally conservative amusement park in the country. (It is hard to imagine Disney selling a purse with a pocket for a concealed weapon.)

In a lot of ways, we were just like the rest of the nearly three million people who make their way to the foothills of the Smoky Mountains each year. We wanted to dip into the unapologetic mix of corn pone, roller coasters and celebrity that is Parton’s Appalachian fantasy.

It is hard to dislike Parton. She is

in the parking lot.

Parton remains a supporter of the gay community.

In July, she announced she was working on a new song called “Just a Wee Bit Gay.” Still, neither she nor the park has fully embraced the gays who make their way there.

Her gay fans orgaWILLIAM WIDMER FOR THE NEW YORK TIMES nized a “gay day” Dollywood walks a fine line between Dolly at Dollywood in Parton’s conservative and gay followers. the mid-2000s. It lasted five years a smart businesswoman and has but was never endorsed by Parton.

Dollywood can seem either sudedicated herself to helping the per gay or super country, dependpoor region she grew up in.

That Dolly Parton, 68, is also a ing on one’s lens.

Signs of gayness came as we gay icon might be news to many guests who wait patiently in line filed into an auditorium to watch each day until “The Star Span- “My People,” Parton’s 50-minute gled Banner” is sung and the park show that features a five-piece band, as well as an assortment of opens. For the rest of us, it is not.

Parton is nothing if not a survi- Parton siblings and nieces.

Parton appeared on a giant vor, which feeds her status among her gay fans. She has defied critics screen over the stage and interacted with the live performers in a and turned stereotype into power.

Nearly every corner of Dolly- well-timed but odd combination of wood reflects that. She embraces video magic, singing, banjo playher roots in a way that never seems ing and storytelling.

A line in the song “Family,” a manipulated.

This has drawn gay travelers study in familial dedication, caught for years. Over dinner recently, my ear: “Some are preachers, a friend who grew up as a gay some are gay. Some are addicts, teenager in North Carolina talk- drunks and strays. But not a one is ed about how she and her friend turned away when it’s family.”

KIM SEVERSON would drive to Dollywood to party

For ‘Outlander,’ Finding and Filming Historic Scotland The television producer Ronald D. Moore is best known for projects that mix high concept with high altitude. More earthbound is his latest series, “Outlander” on the Starz channel. It charts the fortunes of a World War IIera nurse who is transported to 18th-century Scotland.

The scouting Ronald D. of castles and Moore lochs for shooting held its own charms, but it was the Scots themselves who drew Moore’s family to the country. “The people are just unfailingly nice,” Moore said.

Edited excerpts from the conversation follow:

Q. How was traveling with children?

A. Glasgow is very family-friendly.

The kids would take buses to navigate the town without any problems — it’s very safe, we never had any worries. You could just let the kids go. We moved from Glasgow in January this year and rented a centuries-old house in the village of Doune. It’s right next door to Doune Castle, which is one of our primary locations on the show.

Q. What would you suggest for a glimpse of Scotland’s medieval past?

A. Doune is a great place to start.

It’s easy to get to, about a half-hour, 45 minutes outside of Glasgow. It’s the best preserved example of a medieval castle left in Europe.

Most of the castles from that period were added on to, but Doune is

pretty much exactly the way it was.

It was the castle used for “Monty Python and the Holy Grail,” and if you go there today, there are still coconut shells for sale in the gift shop. The house we rented nearby was older than the castle. It was originally a tower, literally a fighting tower with little arrow windows in it. The house had secret passageways — no kidding.

Q. Favorite place to eat?

A. North of Glasgow you start getting into the real Highlands, which is beautiful country. There’s this great family-owned restaurant called Mhor Fish in the village of Callander. They’re outstanding restaurateurs — that’s probably the best food we’ve had in Scotland. Oysters, mussels, really great sandwiches, fresh lamb, things like that.

DAN GLAUN

6

Check In/Check Out Ritz Carlton Montreal MONTREAL

RATES From 466 Canadian dollars

(about the same in U.S. currency) for a deluxe king.

THE BASICS Dating back to 1912, this was the first Ritz-Carlton hotel. It was the city’s most luxurious accommodations but was beginning to look a bit tired and closed in 2008 for a $200 million renovation. The grand ballroom and the Palm Court, with vaulted ceilings and a marble fireplace, were restored to their original glory, but almost everything else is new, including the gut renovation of its 129 rooms.

LOCATION The Ritz commands an

RITZ-CARLTON MONTREAL

entire block on Sherbrooke Street, the main avenue, with its proximity to high-end boutiques, art galleries and museums.

THE ROOM The décor, as in all other rooms, infuses traditional and modern: The cream-colored space had vibrant bursts of color. Chandeliers from the original property are updated either with cream shades or round crystal spheres. The 400-thread-count sheets are from Josephine Home.

THE BATHROOM A sliding door leads to the spacious bath with silver accents, heated marble floors, double sinks, a separate tub and an oversize shower with a rain shower head. The toilet came with a slew of features such as a heated seat and automatic flushing.

AMENITIES The rooftop has an indoor saltwater infinity pool with views of the city. There’s also a large gym, a steam room, a sauna, free Wi-Fi, complimentary coffee or tea with a morning wake-up call and a free e-reader.

ROOM SERVICE Breakfast is generally about 24 Canadian dollars a person.

THE BOTTOM LINE With its history and advantageous location and a knowledgeable staff providing service with panache, the Ritz is an easy pick for travelers looking for luxury.

SHIVANI VORA

FRIDAY, AUGUST 22, 2014 7

JOURNAL

In Redesigned Room, Hospital Patients May Feel Better Already to corporate specialists who churn out too many heartless buildings, hospitals are a critical frontier for design. At Princeton, the goal of the new hospital was not to devise a visual landmark. The ambition was inside — in the remodeled patient room.

For starters, the rooms are singles; there are no double rooms. Research shows that patients sharing rooms provide doctors with less critical information (even less if the other patient has guests). Ample space is given to visitors because the presence of family and friends has been shown to hasten recovery.

There are also some fine points to the Princeton plan, like a sink positioned in plain sight so nurses and doctors will be sure to wash

PLAINSBORO, N.J. — Can good design help heal the sick?

The University Medical Center of Princeton realized several years ago that it had outgrown its old home and needed a new one. So the management decided to CritiC’s design a mock patient room.

Notebook After months of testing, patients in the model room Michael Kimmelman rated food and nursing care higher than patients in the old rooms did, although the meals and care were the same.

But the real eye-opener was this: Patients also asked for 30 percent less pain medicine.

Often ignored by front-rank architects, left

CROSSWORD Edited by Will Shortz ACROSS

PUZZLE BY SAM EZERSKY

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Esther of “Good Times” Large part of some herds Brand of bait pellets Fix Walt Disney Concert Hall designer Cop Monarchial support G squared?

Spotmatic, e.g., briefly Unhelpful reply to “How did you do that?”

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44 45

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producer 7 First course 30 selection 38 46 31 8 Do battle 33 9 Counterpart of 43 “abu” 48 36 10 “Burn Notice” grp.

38 11 Freeze 50 39 ANSWER TO PREVIOUS PUZZLE 12 Literally, “fire bowl” 53 T E M PO C L A S S R A P T 13 Doesn’t just 40 55 attract A L A W S A M O A A S H E 57 C A K E PO L E PO S I T I O N 14 Cache for cash, 41 61 say I T E R T A R R E D A N A 62 T E A PO T L E I E PO N Y M 22 1963 Pulitzer winner Leon 42 F L O R A F L A P 63 S H I I T E W I I C E L S 24 It’s KOH, chemically P O S T O F F I C E B O X E S Y E T I E O N G A R T E R Online subscriptions: Today’s puzzle and more than 7,000 past puzzles, C A R L M E S N E D E I S M L O O S PO N G E nytimes.com/crosswords ($39.95 a year).

E L S I S O L D E P S A T Annual subscriptions are available for the best of Sunday crosswords PO I S O N PO W D E R P I T H from the last 50 years: 1-888-7-ACROSS. S O U R K E I R A E V E N Read about and comment on each puzzle: nytimes.com/wordplay.

E T E S E D E N S R E D O Crosswords for young solvers: nytimes.com/studentcrosswords.

37

their hands, and patients can watch them do so. A second sink is in the bathroom, which is next to the bed, a handrail linking bed and bathroom so patients don’t have to travel far between them and will fall less often.

In many hospitals, adjacent rooms are “mirrored” because they share a head wall with all the equipment and attachments in it.

Mirror rooms are cheaper and take up less space, but they require that everything — the position of the bed, the IV tubes, the call buttons — be reversed, right to left or left to right, from room to room, increasing the chance that nurses and doctors will make mistakes when they reach for buttons or equipment.

While smart design can reduce the chance of such errors, nobody claims that buildings cure disease. But how much each or any of the design moves in Princeton contributed to reducing pain or improving patient approval ratings is also not clear, which frustrates Barry S. Rabner, the hospital’s chief executive.

He gave the example of antibacterial flooring, which cost $1 per square foot more than equivalent flooring without the antibacterial agent.

“Sounds like a good idea,” he said. “So we did it. But that’s around a $700,000 difference.

And where’s the evidence that it works?”

O.K., but is the room beautiful?

No. It’s less antiseptic, cluttered and clinical than your average patient room, more like what you find in a Marriott hotel, anodyne and low-key, with a modern foldout sofa under a big window; soft, soothing colors, and a flatscreen TV. Creative designers will discover plenty of ways to improve on its aesthetics.

But the room is dignified, which matters to a patient’s mental health. And it works.

Mostly.

“We love the new room” is the way Donna Covin, the hospital’s clinical nurse leader, summed things up. “But when it comes to health care,” she said, “there is clearly no regulatory body to prevent idiotic design.”

620 Eighth Avenue, New York, NY 10018 • Tom Brady, Editor e-mail: digesteditor@nytimes.com • TimesDigest Sales Office phone: (212) 556-1200 fax: (646) 461-2364 e-mail: timesdigest@nytimes.com • For advertising information and to request a media kit contact InMotion Media: phone: (212) 213-5856 e-mail: info@immww.com • Home delivery subscribers who have not received TimesDigest should call (800) 698-4637 or e-mail customercare@nytimes.com

OPINION

FRIDAY, AUGUST 22, 2014

EDITORIALS OF THE TIMES

Death by Terror The reaction to the terrible death of James Foley, the freelance journalist kidnapped and executed by Islamist extremists, comes in stages. First and foremost is the grief.

Then comes horror at the sadism of the executioner, whose accent spoke of years spent in London. Could he be one of the many young foreigners who have joined the ranks of the Islamic State in Iraq and Syria, attracted by the perverse romance of “holy war?”

Finally there’s the chilling knowledge that this is neither the first nor the last time we must witness the horror of a hostage kneeling before masked executioners. Seizing hostages for revenge, to terrorize, to make a political statement or to exact ransom has become a standard weapon in the arsenal of terrorists.

All these motives appear to have figured in the fate of Foley. He was captured in Syria in November 2012, and before he was killed ISIS reportedly demanded $132 million in ransom.

But no money was paid for Foley, and a special operation failed to find him.

The masked man with the British accent who killed Foley said he was doing it in retaliation for American airstrikes against ISIS forces; at the end of the video that was released, he is shown holding another captive American freelance journalist, Steven Sotloff, as he says, “The life of this American citizen, Obama, depends on your next decision.”

There will be those who argue that the United States is somehow responsible for Foley’s death, either by refusing to pay a ransom or by bombing ISIS. Kidnappings have been a staple

of guerrilla warfare since they were popularized by Latin American revolutionaries in the 1970s,.

The practice was exported around the world and especially to the Middle East. More recently, ransom income has played a major role in financing the Qaeda network.

Still, there have been changes in recent years. First is the cruelty of kidnapping foreigners purely to post their executions online.

The beheading of Daniel Pearl, a Wall Street Journal reporter, by a top Qaeda operative in 2002 revealed the viciousness of the Islamic fanatics. Second, while journalists are by no means the only victims, the death of Foley and the threat to Sotloff point to the special danger faced by the freelance reporters who have become more numerous in war zones with the proliferation of Internet news sites.

There is no simple answer on whether to submit to terrorist extortion. The United States and Britain refuse to pay ransoms, and there is evidence that hostage takers target victims based on the potential for a payout. If everyone refused to pay, terrorists might not have had the incentive to turn kidnapping into an industry. At a Group of 8 summit meeting last year, Western countries agreed not to make ransom payments, but some European governments continue the practice.

In the meantime, we can honor the many brave journalists, aid workers and civil servants who risk their lives in conflict zones, and grieve for those who have lost their freedom or their lives.

Get Predatory Colleges Out of Job Training For-profit educational institutions that leave students with heavy debts and worthless credentials do not belong in the nation’s job-training system. Yet institutions like Corinthian Colleges, which reached an agreement last month with the Department of Education to sell or shut down its campuses, have been ripping off students and taxpayers for years by making false promises and cashing in on federal job-training programs.

One reliable source of money for these institutions is the federal Workforce Investment Act. Created in 1998, the $3.1 billion program provides vouchers worth $3,000 to $5,000 to help individuals train for jobs in industries like health care, hospitality and manufacturing.

State and local officials decide how the money is distributed and which training programs vouchers can be used for, including programs offered by dubious for-profit institutions that fudge their completion and job-placement rates. And because vouchers cover just a fraction of the cost of many programs, some students also apply for federal grants and loans.

As a result, they have been saddled with thousands of dollars in debt and few if any jobs in the fields for which they were trained.

The Department of Labor, which is responsible for overseeing the training system, insists that the program works well and will get even stronger because Congress required greater accountability when it reauthorized the program in July. The department also says that a greater percentage of people who are trained with the help of vouchers find jobs and earn higher wages than people who do not get training. But a Government Accountability Office report found that the department’s data were incomplete and thus unreliable.

State and federal labor officials must do better. They need to monitor more aggressively the performance of training providers and remove institutions with a checkered history.

The secretary of labor, Thomas Perez, says he intends to do just that and plans to push state governments to hold training schools accountable.

He also wants to create a database that workers could use to research and rate training programs, along the lines of the popular restaurant review site Yelp. That’s a good idea and could help job seekers make better decisions. But there is no replacement for strong regulation and enforcement.

8

PAUL KRUGMAN

Hawks Crying Wolf According to a recent report in The Times, there is dissent at the Fed: “An increasingly vocal minority of Federal Reserve officials want the central bank to retreat more quickly” from its easy-money policies. And this debate, we are told, is likely to dominate the big economic symposium in Jackson Hole, Wyo. That may well be the case. But there’s something you should know: That “vocal minority” has been warning about soaring inflation more or less nonstop for six years.

The Times article singles out for special mention Charles Plosser of the Philadelphia Fed, but you should know that he warned about the danger of rising inflation in 2008.

He warned about it in 2009. He did the same in 2010, 2011, 2012 and 2013. He was wrong each time, but, undaunted, he’s now doing it again.

Now, everyone who has been in the economics business any length of time has made some incorrect predictions. If you haven’t, you’re playing it too safe.

The point is that when you see people clinging to a view of the world in the teeth of the evidence, you have to suspect that there are ulterior motives involved.

When economic myths persist, the explanation usually lies in politics and, in particular, in class interests. There is not a shred of evidence that cutting tax rates on the wealthy boosts the economy, but there’s no mystery about why leading Republicans like Rep. Paul Ryan keep claiming that lower taxes on the rich are the secret to growth.

At first sight, claims that easy money will cause disaster even in a depressed economy seem different, because the class interests are far less clear. Yes, low interest rates mean low long-term returns for bondholders (who are generally wealthy), but they also mean shortterm capital gains for those same bondholders.

While easy money may in principle have mixed effects on the fortunes (literally) of the wealthy, in practice demands for tighter money despite high unemployment always come from the right. Inflation obsession is as closely associated with conservative politics as demands for lower taxes on capital gains.

It’s less clear why. But faith in the inability of government to do anything positive is a central tenet of the conservative creed. Carving out an exception for monetary policy may just be too subtle a distinction to draw in an era when Republican politicians draw their economic ideas from Ayn Rand novels.

Which brings me back to the Fed, and the question of when to end easy-money policies.

Even monetary doves like Janet Yellen, the Fed chairwoman, generally acknowledge that there will come a time to take the pedal off the metal. And maybe that time isn’t far off — official unemployment has fallen sharply, although wages are still going nowhere and inflation is still subdued.

But the last people you want to ask about appropriate policy are people who have been warning about inflation year after year.

SPORTS

FRIDAY, AUGUST 22, 2014

In Brief

For Cancer Survivor, Sand Traps Are Nothing PARAMUS, N.J. — As he stood on the tee at the fifth hole at Ridgewood Country Club, sun peered through the clouds, and a refrain popped into Jimmy Walker’s head: reapply, reapply.

So out came the sunscreen, and a smattering quickly smeared its way across Walker’s chin and cheeks.

Since there was a mixture of sun and clouds during the first round of The Barclays tournament on Thursday morning, sunblock might have been the last thing most players worried about in the middle of play. But not for Walker.

Just 10 days ago, he had surgery to remove a small basal cell carcinoma on his left cheek, his second scare with skin cancer.

Sitting at home for four days in recovery was not the way Walker wanted to prepare for the FedEx Cup, where he is ranked second

in the standings, behind Rory McIlroy. After a torrid start to the season, the 35-year-old leapt out ahead of the notable names like Phil Mickelson, Rickie Fowler, Bubba Watson and Adam Scott.

And he has held them off, playing just well enough to maintain that lofty status.

On Thursday, Walker played with McIlroy and Watson in front of a large and boisterous gallery, keeping up but not exactly standing out, struggling to string birdies together. He bogeyed two holes on his second nine before a birdie on the seventh (his 16th hole) to finish at an even-par 71 and in a tie for 56th.

McIlroy struggled, carding a three-over 74 in a disappointing opening effort as he continued his attempt to join Tiger Woods as the only players since 1980 to win four consecutive PGA tourna-

ments. A double bogey on the par4 12th hole and then a bogey on 13 weighed down his score.

Hunter Mahan, who set a course record with 62 during the first round of The Barclays here six years ago, looked at ease again. Mahan shares the firstround lead at 65 with Bo Van Pelt, Jim Furyk, Brendon de Jonge and Paul Casey.

For Walker, his new mission is about protection and awareness, and for a fair-skinned Oklahoman with a family history of skin cancer, those elements are essential.

“I watched what Aron Price went through, and he had melanoma, and that was bad, really, really, scary bad,” Walker said about the Australian golfer. “He had that removed and he’s doing great, but we’ve all got to be diligent about what we wear. The sun will kill you.”

ZACH SCHONBRUN

As Black Participation Shrinks, 2 Teams Buck Trend SOUTH WILLIAMSPORT, Pa. — Chicago defeated Philadelphia, 6-5, on Thursday night in a game that had implications from Little League to the big leagues.

The matchup featured an increasingly rare occurrence — a prevalence of black players — in a sport in which urban youth participation has been in decline and professional rosters have become sparsely populated by African-Americans.

Most immediately, Jackie Robinson West of Chicago ended the captivating run of the Taney Dragons of Philadelphia and their star, Mo’ne Davis, in the Little League World Series. Chicago earned

a spot in the United States title game against Las Vegas.

In a larger sense, with baseball seeking to broaden its appeal, Thursday’s game was viewed by officials and coaches as a showcase for what is possible if sufficient opportunity and instruction are provided to urban players.

Many theories have been proposed to explain the dwindling participation of young players in urban areas: a lack of space, a dearth of organized programs to replace the lost traditions of sandlot ball and street games, the small number of college scholarships available, the expense of buying equipment and playing in

WEATHER High/low temperatures for the 21 hours ended at 4 p.m. yesterday, Eastern time, and precipitation (in inches) for the 18 hours ended at 1 p.m. yesterday. Expected conditions for today and tomorrow.

Weather conditions: C-clouds, F-fog, H-haze, I-ice, PC-partly cloudy, R-rain, S-sun, Sh-showers, Sn-snow, SS-snow showers, T-thunderstorms, Tr-trace, W-windy.

U.S. CITIES Yesterday Albuquerque 87/ 62 0 Atlanta 92/ 69 0.04 Boise 82/ 59 0.04 Boston 72/ 60 0.02 Buffalo 79/ 68 0.23 Charlotte 93/ 67 0.04 Chicago 79/ 70 0.97 Cleveland 81/ 66 0.07 Dallas-Ft. Worth 98/ 79 0 Denver 83/ 58 0.05 Detroit 80/ 67 Tr

Today 77/ 59 T 94/ 76 PC 80/ 54 PC 70/ 61 C 78/ 63 C 95/ 73 T 89/ 71 T 80/ 65 T 97/ 77 S 73/ 56 T 82/ 65 T

Tomorrow 84/ 62 PC 94/ 76 S 78/ 55 PC 72/ 59 PC 78/ 63 Sh 92/ 72 T 85/ 70 T 79/ 65 PC 98/ 78 S 81/ 54 T 82/ 65 C

Houston Kansas City Los Angeles Miami Mpls.-St. Paul New York City Orlando Philadelphia Phoenix Salt Lake City San Francisco Seattle St. Louis Washington

97/ 76 94/ 77 79/ 65 92/ 81 82/ 70 83/ 66 95/ 76 82/ 68 88/ 83 82/ 65 73/ 61 73/ 52 95/ 75 88/ 71

0 0 0 0 0.14 0.02 0.02 0 0.02 0.01 0 0 0 0.03

elite travel leagues.

So how does baseball become more inclusive? First, some misconceptions should be addressed, said Steve Bandura, an official with Philadelphia’s Parks and Recreation Department.

“Kids are all the same,” said Bandura, who has coached Davis, Philadelphia’s star pitcher, since she was 7. “If you give them something to do that they like, they’re going to keep doing it. There just aren’t enough quality, structured programs in our inner cities.”

“It’s a nice fraternity,” Bandura said. Thinking of Davis, he added, “Or sorority, however you want to look at it.”

JERÉ LONGMAN 96/ 77 94/ 76 82/ 65 92/ 78 87/ 71 75/ 65 95/ 75 80/ 68 98/ 78 85/ 58 73/ 60 76/ 56 96/ 79 88/ 73

S S PC PC PC Sh T Sh S PC PC PC PC T

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FOREIGN CITIES Acapulco Athens Beijing Berlin Buenos Aires Cairo

Yesterday 92/ 75 0.26 95/ 70 0 90/ 72 0 66/ 46 0.02 86/ 68 0 93/ 77 0

Today Tomorrow 87/ 76 T 86/ 76 T 95/ 74 S 95/ 74 S 88/ 71 T 89/ 70 PC 70/ 53 PC 67/ 50 Sh 71/ 62 T 74/ 54 R 97/ 76 S 100/ 77 S

Cape Town Dublin Geneva Hong Kong Kingston Lima London Madrid Mexico City Montreal Moscow Nassau Paris Prague Rio de Janeiro Rome Santiago Stockholm Sydney Tokyo Toronto Vancouver Warsaw

9

Draw Favors Federer While top-seeded Novak Djokovic’s half of the United States Open draw includes the Australian Open champion Stan Wawrinka, Andy Murray, No. 5 Milos Raonic and the frequent top-10 denizens John Isner and Jo-Wilfried Tsonga, second-seeded Roger Federer’s half looks less onerous. Federer may have to face No. 4 David Ferrer, who rarely threatens to win a Grand Slam event, and No. 7 Grigor Dmitrov, who has not shaken the “potential” tag yet. The tournament begins on Monday.

(NYT) n John Isner’s preparations for the U.S. Open hit a setback Thursday when a sprained ankle forced him to withdraw from the Winston-Salem Open.

(AP)

Yanks Avoid Sweep Brandon McCarthy’s 107-pitch shutout led the host Yankees to a 3-0 win that kept them from being swept by the Houston Astros. The game lasted 2 hours 7 minutes, making it the quickest nine-inning Yankees game since Aug. 15, 2010, and the fastest at Yankee Stadium since June 18, 1996.

(NYT)

A.L. SCORES THURSDAY Yankees 3, Houston 0 Minnesota 4, Cleveland 1 Tampa Bay 1, Detroit 0 L.A. Angels 2, Boston 0

N.L. SCORES WEDNESDAY’S LATE GAME San Diego 4, L.A. Dodgers 1 THURSDAY Washington 1, Arizona 0 Chicago Cubs 2, San Francisco 1, completion of suspended game Atlanta 8, Cincinnati 0 61/ 48 59/ 50 72/ 50 89/ 80 91/ 81 64/ 58 63/ 46 88/ 61 73/ 55 73/ 66 81/ 64 91/ 81 68/ 43 66/ 50 75/ 66 82/ 73 63/ 49 64/ 54 59/ 45 90/ 79 79/ 64 70/ 57 61/ 48

0.01 0.05 0 0.10 0 0 0 0 0.05 0.04 0.01 0 0 0.05 0 0 0 0.13 0.29 0 0.01 0 0.06

62/ 47 60/ 44 73/ 54 89/ 80 91/ 80 65/ 58 67/ 48 86/ 59 72/ 55 75/ 59 73/ 49 91/ 79 71/ 53 70/ 50 82/ 67 83/ 65 61/ 41 65/ 51 65/ 49 92/ 78 77/ 62 73/ 56 68/ 55

PC PC PC PC PC S PC S T PC Sh PC PC PC S S PC Sh Sh PC C PC PC

62/ 47 61/ 44 69/ 48 89/ 79 90/ 79 64/ 57 65/ 46 88/ 62 73/ 56 78/ 58 70/ 51 92/ 79 68/ 48 70/ 49 81/ 66 82/ 65 54/ 39 64/ 51 64/ 52 89/ 77 75/ 61 75/ 55 71/ 53

S PC PC PC T PC PC S T PC S PC Sh PC S S R Sh Sh T PC PC PC

SPORTS JOURNAL

FRIDAY, AUGUST 22, 2014

4 Days That Inspired Torre’s 4 Rings We measure greatness by championships, so the four that Joe Torre won as the manager of the Yankees are the cornerstones of his career, which the team celebrates on Saturday oN by retiring his No. baseball 6 and unveiling a plaque in MonuTyler ment Park.

Kepner But there is so much more to Torre, on the field and off.

The story arc of Torre’s life has been well told, by Torre himself and many others. Yet it is still staggering to remember where Torre was in the fall of 1995, when he replaced Buck Showalter.

Torre grew up in fear of his abusive father. He is famous for baseball, but his transformation as a man triggered his greatest contribution. That occurred just before he took over the helm with the Yankees, when his wife, Ali, suggested they attend a seminar.

“And I said, ‘Sure.’ I had no clue what it was about,” he said.

Torre is a master storyteller, so here is how it came about, in his words: “And there were like four days, it was Thursday to Sunday, and I guess it was Day 3, I’m standing in front of perfect strangers crying my eyes out.

“I don’t even remember what caused it, but obviously, one of the speakers was speaking on

Joe Torre, who managed the Yankees to four titles, will have his number retired and a plaque at Monument Park unveiled Saturday.

MIKE SEGAR/REUTERS

the subject. And it wasn’t only about domestic violence or whatever. I mean, if people wanted to go there to quit smoking, it was whatever you wanted to improve your life with. And this came out of left field for me. And I started crying, because at this point in time I realized a lot of my insecurities — low self-esteem, a lot of nervousness when I was a kid growing up — seemed to be caused by what was going on in my home with my dad abusing my mom.

“Once I realized I wasn’t born with these feelings of being inferior, which is the way I categorized them, I was excited. Because now I found out that, ‘O.K., I’m normal like everybody else.’ ” Torre added later: “I had friends growing up who had no clue what was going on in my

house. And I didn’t want to share it. I was embarrassed by it, and I thought I caused it because there was a lot of whispering in my house. So finding out all these things weren’t true, it was sort of like you wanted to shout it from the rooftops.”

Torre would go on to do that, figuratively, by using his platform as manager to start a foundation, Safe at Home, in 2002, to help victims of domestic violence.

The calming presence in the corner of the dugout, the master clubhouse communicator, the charming public figure — all of those roles were hard-earned for Torre. The steward of baseball’s last true dynasty has a permanent place in Yankees lore and a deeper, more important legacy than he ever could have imagined in 1995.

To End This Turf War, Unroll the Sod FIFA doesn’t want to talk about installing grass for next summer’s Women’s World Cup in Canada. The Canadian Soccer Association doesn’t want to talk sports about it, either.

Trey Rogers? He’s of the happy to talk about it. times Rogers, a professor of turf grass manageJuliet ment at Michigan Macur State University, was the scientist in charge of the installation of real grass over the fake version inside the Pontiac Silverdome for the 1994 men’s World Cup, when FIFA required that the playing surface there be changed to grass.

Twenty years later, the prospect of turning six artificial turf fields into grass ones for the Women’s World Cup — a tournament to be played mostly in open-air stadiums — seems to be an impossible task. Maybe that

explains the silence of FIFA and the Canadian Soccer Association.

They have not responded to a letter from a group of top players threatening legal action, or to social media pleas from top players like Abby Wambach and Hope Solo.

To Rogers, though, turning Canada’s artificial turf fields into grass ones is a no-brainer.

“I know for a fact that it would work,” he said. “But it comes down to, ‘Do they want to do it?’”

Rogers said FIFA spent about $2 million on the Silverdome project in 1994 and didn’t blink an eye.

These days, according to several turf grass experts, converting each artificial turf field to grass for next year’s Women’s World Cup would cost anywhere from $150,000 to $400,000 per field.

In fact, it’s really not that big a job anymore. Steve Bush’s company, Bush Turf, needed less

than 72 hours this month to lay grass over the artificial turf at Michigan Stadium for a friendly between Manchester United and Real Madrid.

“Anytime premier teams play in the United States, they won’t play on artificial turf,” Bush said.

“They’re very picky, so this type of thing, going from turf to grass in a short period of time, happens all the time, all over the country.”

So the men are picky, but the women should just take what they are given, and like it? FIFA should know better.

So FIFA should call Trey Rogers. He said the process would be laughably easy now, considering it was pioneered two decades ago.

Or call Steve Bush. He does this for a living, and said changing six fields to grass “would be no problem.”

But please call someone.

10

In Brief 5 Challengers for Cup Five challengers have signed up for the chance to take on the software billionaire Larry Ellison’s Oracle Team USA in the 2017 America’s Cup in a location still to be decided. Organizers announced that Emirates Team New Zealand, Italy’s Luna Rossa Challenge, Britain’s Ben Ainslie Racing, Sweden’s Artemis Racing and Team France had paid the $1 million first installment of the $2 million entry fee.

(AP)

Lynx Star Is M.V.P. Maya Moore of the Minnesota Lynx won the W.N.B.A.’s Most Valuable Player award Thursday.

She led the league in scoring, averaging a career-best 23.9 points a game. It was the third-highest average in league history; the Phoenix Mercury’s Diana Taurasi averaged 25.3 points in 2006 and 24.1 points in 2008. Moore set a W.N.B.A. record by scoring at least 30 points 12 times.

(AP)

Carter Wins 100 Nesta Carter of Jamaica won the men’s 100 meters at the DN Galan Diamond League meet in Stockholm on Thursday. Carter clocked 9.96 seconds. The Olympic champion Allyson Felix of the United States won the women’s 200 in 22.85 seconds. Konstantinos Filippidis of Greece won the men’s pole vault after the world-record holder, Renaud Lavillenie of France, missed all three attempts at 18 feet 4› inches.

(AP)

1-Hitter Ends in Loss The Tampa Bay Rays overcame a masterful performance by David Price on Thursday. Price allowed only a first-inning R.B.I. triple to Brandon Guyer in his first start against his former team, but Alex Cobb and the Rays beat the visiting Detroit Tigers, 1-0. (AP)

Protest to No Avail After two days, the first upheld protest in nearly 30 years and another rainstorm, the Chicago Cubs completed a 2-1 victory over the visiting San Francisco Giants in a suspended game. On Thursday night, the teams played the final 4› innings of a game the Cubs thought they had won, before the Giants’ protest was upheld. (AP)

NAVYNEWS

Deputy Secretary of Defense Visits Guam

By Mass Communication Specialist 2nd Class Timothy Wilson, U.S. Naval Forces, Marianas

Deputy Secretary of Defense Robert O. Work visited Guam during a multinational Asia-Pacific tour and held an all hands call to address service members’ questions aboard Naval Base Guam (NBG) Aug. 19.

“The purpose of the trip is to strengthen multilateral security cooperation in the region, build more robust partnerships and discuss ongoing efforts and regional security matters,” Work said.

Work is overseeing the implementation of the department’s enhancements to America’s military presence in the Asia-Pacific region with a particular emphasis on U.S. posture in Guam, Japan and Korea. Work’s visit supports Secretary of Defense Chuck Hagel’s commitment to the re-balance and to strengthening U.S. relationships in the Asia-Pacific with allies and partners.

“As the undersecretary of the Navy, I was here when we first started thinking about re-balancing to the Pacific,” Work said, referring to his previous position. “Guam has always been a central part of our plans, certainly a central part of the Navy’s plans, but now a central part of the entire

Department of Defense’s plans.”

During his visit, Work met with Gov. Eddie Baza Calvo and military commanders including Rear Adm. Bette Bolivar, commander, Joint Region Marianas. This is the first time Work is traveling to the Asia-Pacific region as the deputy secretary.

“It’s about strengthening our alliances with Japan, South Korea and Australia and our other partners in the region,” Work said. “We’re going to have sixty percent of the Navy out in the Pacific and we’re going to have sixty percent of our combat air forces out in the Pacific.”

In addition to addressing approximately 100 Sailors, Soldiers, Airmen and Marines during the all hands call, he toured military facilities on NBG, Andersen Air Force Base, Marine Corps Air Combat Element infrastructure and several projects at Apra Harbor to examine how the rebalancing effort is continuing on Guam.

“As far as the Asia-Pacific goes, Marines are being distributed around the Pacific. Five thousand Marines are going to come here to Guam, two-thousand-five-hundred Marines are going to Australia, some Marines are going

back to Hawaii and about three-thousand-five-hundred Marines are going up to Iwakuni, [Japan],” Work said.

He added that seven of the world’s largest armies are in the Asia-Pacific region and that the soldiers would be instrumental in contributing to

the training efforts in the region. His regional tour will continue with stops in Japan and South Korea.

For more news from U.S. Naval Forces, Marianas, visit www.navy.mil/ local/guam/.

Deputy Secretary of Defense Robert O. Work speaks to Sailors during an all-hands call at Naval Base Guam. Work visited Guam to tour various military facilities and to speak with island and military leaders and to service members. U.S. Navy photo by Mass Communication Specialist 2nd Class Timothy Wilson.

USS Vella Gulf Completes Port Visit to Batumi, Georgia

By Mass Communication Specialist 3rd Class Weston Jones, Navy Public Affairs Support Element East Detachment Europe The Ticonderoga class guided missile cruiser USS Vella Gulf (CG 72) completed a two day port visit to Batumi, Georgia, Aug. 20.

Vella Gulf ’s mission in the Black Sea is to work with NATO allies and European partners, demonstrating the United States’ commitment to strengthening and improving interoperability while working toward mutual goals in the region.

While in Batumi, Vella Gulf provided guided tours, hosted a reception for Georgian dignitaries and conducted a joint training event. Vella Gulf participated in a flag signaling exercise with the Georgia Coast Guard following her departure.

The reception, which was held on Vella Gulf ’s flight deck Aug. 18, hosted distinguished guests including Prime Minister of the Republic of Georgia, Irakli Gharibashvili, and U.S. ambassador to Georgia, Richard Norland.

A day of joint training exercises with the Georgian Coast Guard and guided tours followed.

The training focused on visit, board, search and seizure (VBSS) tactics, damage control, and NATO flag signaling.

The VBSS training focused on different techniques for boarding and clearing a

target ship, as well as how to detain and search a suspect. Following the VBSS training, flag signaling training was held on the ship’s bridge.

Quartermaster 2nd Class Todd Marriot trained Georgian sailors how to communicate between ships using the standardized NATO flag signaling system.

“This was my first time training sailors from another country,” said Marriot. “It was an honor for me to show them what we do, not only so they can learn from us, but so we can learn from them.”

During damage control training, Georgian sailors observed the proper use of the U.S. Navy firefighting ensemble and pipe patching techniques. They also toured damage control central, the nerve center of Vella Gulf ’s damage control operations.

Damage Controlman 1st Class Jon Gerringer said even though there was a small language barrier, he feels the training was productive and was glad to work with the Georgian Coast Guard.

After the training, the Minister of Defense for the Republic of Georgia, Iraklii Alasania, was welcomed aboard for a private tour of Vella Gulf.

The port visit culminated in a signaling exercise following Vella Gulf ’s departure

The Georgian Coast Guard patrol ships Tsonte Dadiani (P-101) and General Mazniashvili (P-102) participated. All vessels cruised in a line, 500 yards abreast, and communicated with each other, sending and receiving messages using only flags.

“The (exercise) conducted today with

the Georgian Coast Guard was a great opportunity to reinforce the important training,” said Capt. Robert Katz, Vella Gulf ’s commanding officer. “A dedicated relationship with partners such as Georgia demonstrates our commitment to the collective stability and security of the Black Sea.”

The guided-missile cruiser USS Vella Gulf (CG 72) departs for Scotland to participate in Joint Warrior 14-2, a semiannual, United Kingdom-led training exercise designed to provide NATO and allied forces a unique multi-warfare environment in which to prepare for global operations. The joint warrior exercise is intended to improve interoperability between allied navies in an operationally challenging environment.U.S. Navy photo by Mass Communication Specialist 3rd Class Andrew Schneider.

Photos

from AROUND

Staff

THE SHIP

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WHAT’S ON underway movie schedule

Times

Ch. 66

FRIDAY

Aug. 22, 2014

Ch. 67

Ch. 68

0900

HAYWIRE

NEIGHBORS

THE DEVIL’S DUE

1100

GLADIATOR

THE NIGHTMARE BEFORE CHRISTMAS

THE AMAZING SPIDERMAN 2

1230

GLADIATOR (Cont.)

DR. SEUSS’ THE LORAX

THE AMAZING SPIDERMAN 2 (Cont.)

1400

NEBRASKA

THE GRAND BUDAPEST HOTEL

YOUNG FRANKENSTEIN

1600

THE FAULT IN OUR STARS

THE FIVE YEAR ENGAGEMENT

X-MEN: DAYS OF FUTURE PAST

1830

CONTRABAND

DUMB AND DUMBER

THE QUIET ONES

2030

HAYWIRE

NEIGHBORS

THE DEVIL’S DUE

2230

GLADIATOR

THE NIGHTMARE BEFORE CHRISTMAS

THE AMAZING SPIDERMAN 2

2400

GLADIATOR (Cont.)

DR. SEUSS’ THE LORAX

THE AMAZING SPIDERMAN 2 (Cont.)

0130

NEBRASKA

THE GRAND BUDAPEST HOTEL

YOUNG FRANKENSTEIN

0330

THE FAULT IN OUR STARS

THE FIVE YEAR ENGAGEMENT

X-MEN: DAYS OF FUTURE PAST

0600

CONTRABAND

DUMB AND DUMBER

THE QUIET ONES

*Movie schedule is subject to change.