Romney says 2012 race was 'roller coaster'

WASHINGTON: In his first interview since losing his 2012 White House bid, Mitt Romney likened his experience as a presidential candidate to an unpredictable and bumpy roller coaster ride.

"We were on a roller coaster, exciting and thrilling, ups and downs. But the ride ends," Romney said, according to advance excerpts of the interview set to air on "Fox News Sunday."

"And then you get off. And it's not like, 'Oh, can't we be on a roller coaster the rest of our life?' It's like, no, the ride's over."

Romney appeared with his wife Ann for the interview, the first either has given since the November 6 election that granted President Barack Obama his second term.

Ann Romney acknowledged that the transition from being surrounded by huge crowds and Secret Service agents around the clock to a far lower profile has been an "adjustment."

"We came and stepped forward to serve," she added.

"It was really quite a lot of energy and a lot of passion and a lot of people around us and all of a sudden, it was nothing.

"But the good news is, fortunately we like each other."

Romney, who has not had any major public appearances since his election loss, is set to speak in two weeks at a key conservative gathering, the Conservative Political Action Conference.

The former Massachusetts governor has been laying low since his defeat, popping up occasionally in photographs on social media sites that apparently depict him shopping or filling up his tank at the gas station.

When Senator John Kerry of Massachusetts left Congress to become secretary of state earlier this year, it opened up a race in his home state to fill his seat. Speculation swirled that Romney's oldest son Tagg might throw his hat in the ring, but he quickly ruled it out.

Romney aides have also rebuffed suggestions that his wife might consider running for the post.

- AFP/jc

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The world is better off with Best Buy alive than dead

A Lenovo Yoga convertible ultrabook on display at a Los Angeles Best Buy. It's still the best place to comparison shop for gadgets in a physical store.

(Credit:
Brooke Crothers)

Despite all the flak Best Buy gets from consumers and financial analysts, the world is probably a better place with it than without it.

For those who don't follow Best Buy as a business, existential questions have been dogging it for years. The word "Titanic" often comes up.

Not all that surprising, considering brick-and-mortar electronics retail stalwarts CompUSA and Circuit City have all but disappeared.

Here's what the new CEO, Hubert Joly, said Friday during the earnings conference call, via a transcript provided by Seeking Alpha.

"In fiscal '13, we permanently closed 49 large-format stores and expected to close an additional 5 to 10 large-format stores in fiscal 2014."

That's a lot of store closings.

"People who thought we were dead have to go through the painful process of revisiting that point of view," Mr. Joly told The Wall Street Journal on Friday.

I've wondered many times if my regular weekly visit to the local Best Buy would be my last. And still do.

But I like knowing the store is there.

Best Buy is really the only electronics specialty store besides Fry's Electronics (mostly a West Coast phenomenon) that packs lots of PCs, Macs,
tablets, and phones into relatively small abutting areas, allowing you to easily comparison shop.

And Best Buy carries a good cross section of the most popular gadgets. It had Microsoft's Surface tablet pretty soon after the device came out, despite some initial display hiccups (see photo below), and it has decent stock of
Windows 8 touch-screen laptops and tablets,
Android stuff, and of course Apple products.

Of course, there's plenty to complain about. But those same gripes apply to Fry's and to just about any big box electronics retailer that's ever existed, including Circuit City and CompUSA.

What's ahead for Best Buy? Who knows? But Apple stores and now Microsoft's expanding retail presence aren't making it any easier. And during Friday's call, Best Buy executives kept talking about expanding/improving the store's online presence.

Problem is, online is often the last gasp for physical big box retailers.

Nothing to see here. Not that atypical for a Best Buy display. I went to my local Los Angeles store looking for Microsoft's Surface tablet the other day and I found this mess.

(Credit:
Brooke Crothers)

Updated at 5:40 p.m.: corrects reference to Windows version on touch-screen tablets.

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Romney: Sequester not a success for Obama

Mitt Romney may not be running for the White House any more, but he certainly came out swinging against President Obama in his first post-election interview with "Fox News Sunday," accusing the president of poisoning the negotiations over automatic spending cuts by "berating" Republicans.

"No one can think" that the fight over the sequester has "been a success for the president," last year's Republican presidential nominee said. "He didn't think the sequester would happen. It is happening, but to date, what we've seen is the president out campaigning to the American people, doing rallies around the country, flying around the country and berating Republicans. And blaming and pointing."

"Now what does that do?" He asked. "That causes the Republicans to retrench and then put up a wall and fight back. It's a very natural human emotion."

The former Massachusetts governor also criticized the recent release of several hundred illegal immigrants detained by the U.S. Immigration and Customs Enforcement agency. The agency justified the release as a cost-saving measure forced on them by the across-the-board budget cuts, but Romney argued that the president should have prevented it. "I think if there are people who are incarcerated," he said, the president "should make sure that we're able to keep them in jail."

"Look, it's- again, it's politics," he said. "It's, 'OK, how do we do something that will get a headline that will make it look like those terrible Republicans aren't willing to come together?'"

In the interview, which airs Sunday, Romney also addressed the adjustment to life after the campaign trail. "We were on a roller coaster, exciting and thrilling, ups and downs," he said. "But the ride ends, and then you get off."

His wife Ann Romney, who also sat for the interview, agreed that it has been quite a change but added, "The good news is, fortunately, we like each other."

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US Seeks to Confirm Report of Terror Leader's Death

American military and intelligence officials said today they are attempting to confirm a report from the Chadian military of the death of al Qaeda leader Mokhtar Belmokhtar, the alleged mastermind of the deadly attack on an Algerian natural gas facility in January.

If the new report is confirmed, Belmokhtar's death would be a significant victory against a growing al Qaeda threat in northern Africa.

Belmokhtar's killing was announced on Chadian national television by armed forces spokesperson Gen. Zacharia Gobongue, who said Chadian troops "operating in northern Mali completely destroyed a terrorist base."

"The [death] toll included several dead terrorists, including their leader, Mokhtar Belmokhtar," he said.

However, an unidentified elected official in Mali told The Associated Press he doubted Belmokhtar had actually been killed and said he suspected the Chadian government of pushing the story to ease the loss of dozens of Chadian troops in operations in northern Africa.

SITE Intel Group/AP Photo

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Belmokhtar is known as Mr. Marlboro because of the millions he made smuggling cigarettes across the Sahara, but in the last few months the one-eyed terrorist leader has become one of the most sought after terrorists in the world. The attack on the plant near In Amenas in eastern Algeria left dozens of Westerns and at least three Americans dead.

Belmokhtar had formed his own al Qaeda splinter group and announced he would use his wealth to finance more attacks against American and Western interests in the region and beyond.

The U.S. has badly wanted Belmokhtar stopped and actively helped in the search by French and African military units to find him, as well as another top al Qaeda leader who was reported killed yesterday.

After the Chadian announcement, House Foreign Affairs Committee Chairman Rep. Ed Royce (R-Calif.) said Belmokhtar's death, if confirmed, "would be a hard blow to the collection of jihadists operating across the region that are targeting American diplomats and energy workers."

Steve Wysocki, a plant worker who survived the attack in In Amenas thanked "military forces from around the world," especially the Chadian military, for bringing "this terrorist to an expedient justice."

"My family and I continue to mourn for our friends and colleagues who didn't make it home and pray for their families," Wysocki told ABC News.

The CIA has been after Belmokhtar since the early 1990s, Royce's statement said.

ABC News' Clayton Sandell contributed to this report.

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Obama orders US$85b in budget cuts

WASHINGTON: President Barack Obama ordered $85 billion in budget cuts Friday that could slow the US economy and slash jobs, after blaming Republicans for refusing to stop the "dumb" spending cuts.

Obama complied with his legal obligations and initiated the automatic, across-the-board cuts in domestic and defence spending, following the failure of efforts to clinch a deal with Republicans on cutting the deficit.

- AFP/fa

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Crave Ep. 111: Man vs. jetpack

Man vs. jetpack, Ep: 111

Subscribe to Crave:

iTunes (HD) | iTunes (SD) | iTunes (HQ)

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A German inventor has built a DIY jetpack, so we hop onboard. Also, we get a first look at "Star Wars" pinball for iOS and
Android, and "Star Trek" fans win a major space battle when they vote to name a Pluto moon "Vulcan." All that and more on this week's episode of Crave.

Crave stories:

- Google Nexus fired into space to see if screams are audible

- Myo gesture-control armband uses muscle power

- Star Wars Pinball coming tomorrow to Android, iOS (video)

- Get a ball's-eye view with camera in football

- Trekkies conquer contest to name Pluto moons

- Inventor gets off the ground with homemade jetpack

- First-person Mario video will blow your mind

- Crave giveaway: Two leather iPad cases from Kavaj

Social networking:

- Stephen on Twitter

- Stephen on Google+

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What does the WH's brief for Supreme Court mean for same-sex marriage?

(CBS News) WASHINGTON - At his news conference Friday, President Obama was asked about his decision to get involved in the battle over same-sex marriage in California's ban on same-sex marriage. Late Thursday, the administration filed a brief with the Supreme Court, saying that California's ban on gays and lesbians marrying violates their constitutional rights.

"If the Supreme Court asks me or my attorney general or solicitor general, 'Do we think that meets constitutional muster?' -- I felt it was important for us to answer that question honestly. And the answer is no," said the president

CBS News chief legal correspondent Jan Crawford spoke with "Evening News" anchor Scott Pelley about the brief and its potential impact. A transcript of the conversation follows.

Obama: If I were on Supreme Court, I'd defend same-sex marriage
Obama administration urges Supreme Court to overturn Calif. same-sex marriage ban
Clint Eastwood signs pro-gay marriage brief

Scott Pelley: Jan, the court will hear arguments later this month that will impact all of this. I wonder what the president's comments today have to do with the case?

Jan Crawford: Well Scott, as the president said today,"I'm not a judge, I'm the president." His views carry no binding authority in the Supreme Court. Just because the administration is making this argument doesn't mean the court has to go along with it. The federal government is not directly involved in this case -- it's a challenge by same-sex couples in California to a California constitutional amendment that bans gay marriage. The administration chose to get involved to make a strong statement on gay rights that are reflected in his comments today. The brief in fact is more important politically and symbolically than legally.

Pelley: The case is centered on California. Could it have wider-ranging implications?

Crawford: Yes, it certainly could . Even though this case comes from California, it could have an enormous impact across the country. California is one of 30 states that has a constitutional amendment banning gay marriage. The decision could affect all of those laws -- that's more than half the states in this country. And if the Supreme Court agrees with the president -- that amendments like California's are unconstitutional -- many or all of those laws banning gay marriage could be in jeopardy.

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Obama Signs Order to Begin Sequester Cuts

President Obama and congressional leaders today failed to reach a breakthrough to avert a sweeping package of automatic spending cuts, setting into motion $85 billion of across-the-board belt-tightening that neither had wanted to see.

President Obama officially initiated the cuts with an order to agencies Friday evening.

He had met for just over an hour at the White House Friday morning with Republican leaders House Speaker John Boehner and Senate Minority Leader Mitch McConnell and his Democratic allies, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid and Vice President Joe Biden.

But the parties emerged from their first face-to-face meeting of the year resigned to see the cuts take hold at midnight.

"This is not a win for anybody," Obama lamented in a statement to reporters after the meeting. "This is a loss for the American people."

READ MORE: 6 Questions (and Answers) About the Sequester

Officials have said the spending reductions immediately take effect Saturday but that the pain from reduced government services and furloughs of tens of thousands of federal employees would be felt gradually in the weeks ahead.

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Federal agencies, including Homeland Security, the Pentagon, Internal Revenue Service and the Department of Education, have all prepared to notify employees that they will have to take one unpaid day off per week through the end of the year.

The staffing trims could slow many government services, including airport screenings, air traffic control, and law enforcement investigations and prosecutions. Spending on education programs and health services for low-income families will also get clipped.

"It is absolutely true that this is not going to precipitate the crisis" that would have been caused by the so-called fiscal cliff, Obama said. "But people are going to be hurt. The economy will not grow as quickly as it would have. Unemployment will not go down as quickly as it would have. And there are lives behind that. And it's real."

The sticking point in the debate over the automatic cuts -- known as sequester -- has remained the same between the parties for more than a year since the cuts were first proposed: whether to include more new tax revenue in a broad deficit reduction plan.

The White House insists there must be higher tax revenue, through elimination of tax loopholes and deductions that benefit wealthier Americans and corporations. Republicans seek an approach of spending cuts only, with an emphasis on entitlement programs. It's a deep divide that both sides have proven unable to bridge.

"This discussion about revenue, in my view, is over," Boehner told reporters after the meeting. "It's about taking on the spending problem here in Washington."

Boehner: No New Taxes to Avert Sequester

Boehner says any elimination of tax loopholes or deductions should be part of a broader tax code overhaul aimed at lowering rates overall, not to offset spending cuts in the sequester.

Obama countered today that he's willing to "take on the problem where it exists, on entitlements, and do some things that my own party doesn't like."

But he says Republicans must be willing to eliminate some tax loopholes as part of a deal.

"They refuse to budge on closing a single wasteful loophole to help reduce the deficit," Obama said. "We can and must replace these cuts with a more balanced approach that asks something from everybody."

Can anything more be done by either side to reach a middle ground?

The president today claimed he's done all he can. "I am not a dictator, I'm the president," Obama said.

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White House backs gay marriage in Supreme Court brief

WASHINGTON: US President Barack Obama's administration threw its weight behind gay marriage on Thursday, urging the Supreme Court to strike down California's ban on same-sex unions.

The court is set to examine the issue on March 26, when it will study the constitutionality of California's Proposition 8, a measure approved by a 2008 referendum that outlawed gay marriage in the most populous US state.

In a separate brief to the court concerning another case, the administration has asked justices to declare the 1996 Defense of Marriage Act -- a law that defines marriage as a union between a man and a woman -- unconstitutional.

The Justice Department filed the latest brief in support of moves to have the California measure overturned, arguing that it violates the 14th Amendment to the Constitution that guarantees citizens equal rights.

"The government seeks to vindicate the defining constitutional ideal of equal treatment under the law," Attorney General Eric Holder said in a statement.

"Throughout history, we have seen the unjust consequences of decisions and policies rooted in discrimination," he warned.

"The issues before the Supreme Court in this case... are not just important to the tens of thousands of Americans who are being denied equal benefits and rights under our laws, but to our nation as a whole."

The filing by Solicitor General Donald Verrilli is more narrowly focused on the California ban, and does not seek a ruling that would apply nationwide.

The administration's brief noted that seven other states -- Delaware, Hawaii, Illinois, Nevada, New Jersey, Oregon and Rhode Island -- have measures that grant same-sex couples rights similar to those of married couples, while restricting marriage to heterosexual unions.

Those states would be affected by the California ruling.

The California law "provides to same-sex couples registered as domestic partners all the legal incidents of marriage, but it nonetheless denies them the designation of marriage, Verrilli wrote.

Therefore, "the exclusion of gay and lesbian couples from marriage does not substantially further any important governmental interest," he added.

Gay marriage opponents have seized upon the same similarities to claim there is no discrimination, saying California provides essentially the same rights and obligations of marriage to same-sex domestic partners.

Nine states and the US capital Washington currently allow gay marriage. The states include Connecticut, Iowa, Maine, Maryland, Massachusetts, New Hampshire, New York, Vermont and Washington.

The federal government is not a party in the case, but its friend-of-the-court brief marked a victory for gay rights groups challenging the California law.

The White House's support had been expected since Obama shifted his stance on the same-sex marriage question before his re-election last year.

"President Obama and the solicitor general have taken another historic step forward consistent with the great civil rights battles of our nation's history," said Chad Griffin, head of Human Rights Campaign, a gay rights group.

"The president has turned the inspirational words of his second inaugural address into concrete action by urging our nation's highest court to put an end to discrimination against loving, committed gay and lesbian couples."

Obama last month made the first-ever direct reference to gay rights in an inaugural address, saying: "Our journey is not complete until our gay brothers and sisters are treated like anyone else under the law.

"For if we are truly created equal, then surely the love we commit to one another must be equal as well."

- AFP/ck

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Anonymous leaks alleged data on BofA execs, surveillance

In its latest salvo against the financial industry, Anonymous claims to have leaked sensitive information related to Bank of America executives and the company's alleged effort to "spy and collect information on private citizens."

Par:AnoIA, a group that identifies itself as the Anonymous Intelligence Agency, said in a press release (PDF) yesterday that it had released 14 gigabytes of data on hundreds of thousands of executives at companies around the world, including Bloomberg, Thomson Reuters, and TEKSystems, which the hackvisit collective claims was hired last year to spy on hackers and social activists.

The group says the data was not acquired during a hack but rather was retrieved from an unsecured server in Israel.

"The source of this release has confirmed that the data was not acquired by a hack but because it was stored on a misconfigured server and basically open for grabs," Par:AnoIA said. "Looking at the data it becomes clear that Bank of America, TEKSystems, and others (see origins of reports) gathered information on Anonymous and other activists' movement on various social-media platforms and public Internet Relay Chat (IRC) channels."

The documents leaked by Anonymous include "intelligence" reports allegedly compiled by TEKSystems on "daily cyber threats" from around the world and Internet activity related to the Occupy Wall Street movement.

The group said the data retrieved revealed research methodology that was "sloppy, random, and valueless."

"Apparently a keyword list was used to match for items of interest on IRC, Twitter, and other social media," the press release said. "While the list has over 10,000 entries, only 1,125 keywords seem to be genuine, the rest are simply Wikipedia references."

CNET has contacted Bank of America for comment and will update this report when we learn more.

The data dump comes three weeks after the U.S. Federal Reserve confirmed that one of its internal Web sites had been hacked, a breach that appears to have occurred around the same time that Anonymous published log-in and private information from more than 4,000 U.S. bank executive accounts.

Bank of America raised the ire of Anonymous in 2010 when it announced that it would no longer process payments for WikiLeaks. Earlier moves by MasterCard, Visa, and PayPal resulted in retaliatory cyberattacks by the hacker group.

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