T [__ \1!_i_! ___ 11_!1__ TI_______I __ A__._!1 AA I1AAA /1" - -N 4ATION The Michigan Daily - Thursday, April 11, 2002 - 9 Senate rejects requiring federal energy regulation A WASHINGTON (AP) - The Senate yester- day rejected a proposal, inspired by the Enron collapse, that would have required federal regu- lation of financial contracts used to speculate on energy prices. Working through provisions of the energy bill, senators also moved closer to an expected confrontation over drilling in the Arctic National Wildlife Refuge. They turned back attempts by a group of Western senators to scuttle the bill's provisions involving the elec- tricity industry. Sen. Dianne Feinstein (D-Calif.) said her pro- posal on the financial contracts, known as deriva- tives, would have "closed a loophole" that allowed Enron to buy and sell energy holdings largely in secret without government regulation. Opponents of the measure argued it was too broad and would threaten the entire market in derivatives, which are used widely in commod- ity markets and other trading. "The entire financial sector - every bank, every securities company, every insurance company - is opposed to this amendment" as are federal market regulators, including Federal Reserve Chairman Alan Greenspan, said Sen. Phil Gramm (R-Texas) who led the efforts against the measure. Separately, an unusual coalition of conserva- tive and liberal senators from the West failed to strip away virtually all of the energy bill's pro- visions affecting the electricity industry. Sen. Larry Craig (R-Idaho), who led the attack on the electricity section, said it extends "tremendous new authority to a central, regula- tory body" over electricity markets. An earlier compromise would give federal regulators more clout in the structuring of power grids and consumer protections. Craig, a conservative who viewed it as an issue of states rights, got help from a group of liberals Democrats, including Sens. Barbara Boxer of California and Maria Cantwell of Washington. They expressed concern that the bill - as now written -- would reduce con- sumer protection while repealing a Depression- era law that limits the activities of large, electricity holding companies. The Craig amendment failed 67-32. Some GOP supporters of oil drilling in the Arctic National Wildlife Refuge floated an idea to link it to a measure to help struggling steel- workers, possibly attracting Democratic votes. ."It shows how desperate they are," said Majority Leader Tom Daschle (D-S.D.). An amendment to develop the refuge in Alaska will be met by Democratic-led filibuster, and Daschle said a vote on the refuge was not expected until next week. White House spokesman Ari Fleischer reiterated Bush's view that Iraq's oil embar- go strengthens Bush's argument for drilling in ANWR. "The president knows that ANWR represents 46 years worth of imports of oil from Saddam Hussein's Iraq," Fleischer said. The proposal to regulate energy derivatives had lingered before the Senate for more than a month as Feinstein and Gramm tried to work out a compromise. Yesterday, Feinstein was unable to win the votes to cut off debate on the matter and bring the amendment up for a vote. Sensing defeat, Feinstein withdrew the amendment. Trading in energy derivatives over the Internet was a big part of Enron's energy trading business. Such trading now is exempt from federal regula- tions and can be done largely in secret. Her proposal would have brought such trading under the rules of the Commodity Futures Trad- ing Commission, required new reporting require-a ments and required trading partners to assure adequate capital to support the transactions. Gramm's wife, Wendy Gramm, headed the commission when it exempted energy deriva- tives trading from government regulation. She later joined Houston-based Enron as a director and member of its audit committee and has been named with fellow directors in a lawsuit by investors of the now-bankrupt company. Pill may decrease need for exercise WASHINGTON (AP) - It's a couch potato's dream: Instead of sweating and straining, people someday may simply pop a pill to get in shape, say researchers who have identified how muscle cells get stronger from regular exercise. Researchers at Duke University and the University of Texas South- western Medical Center have found the chemical pathway that muscle cells use to build up their strength and endurance. With this basic knowledge in hand, it may now be possible to develop a pill that pumps up muscle cells without all that exercise, said Dr. R. Sanders Williams, dean of _________the Duke t...t would Unive enhance the medicine. performance may be one of the pos- of athletes " sibilities," "s a i d - Sander Williams Williams. Medical doctor But, as a physician, Williams said the main target of the research is to help people with heart disease or other conditions that keep them from doing enough exercise to remain healthy. "This could lead to drugs that will let people get the health benefits of regular exercise, even if they cannot exercise," said Williams. This could improve the health of patients with heart or lung disease, or lower the risk of diabetes II, for instance. "It is possible it could become a drug of abuse because it would enhance the performance of ath- letes," he said. In the study, Williams and his col- leagues created a group of mice with genes that over-expressed a signaling protein called calmodulin- dependent protein kinase, or CaMK. When this signaling protein is acti- vated, it and another protein, cal- cineurin, trigger the physical changes that muscle cells undergo after intense exercise. Williams said that mice with a high level of CaMK expression developed more mitochondria in muscle cells and saw an increase of a type of cell called the "slow twitch" muscle. These are muscle cells that power sustained activity, such as required by marathon runners. The researchers found that mice with high levels of CaMK developed the same healthy muscle cells as mice that did exercise. "The effect increases more of the slow twitch muscles, but it also increases the number of mitochon- dia in the fast twitch muscle cells," he said. "That is very similar to what hap- pens in very intense training." Mitochondria are structures inside a cell that provide energy by metabolizing oxygen and food. * Cells with many mitochondria can produce more work over a longer time. Physical training increases the number of mitochondria in muscle cells. Williams said that a drug that would trigger the CaMK muscle sig- naling pathway has not been found, but now that there is a specific tar- get it should made the development easier. "Pharmaceutical companies are verv good at that." he said. Man accused of murder believes he killed Hitler CAMBRIDGE, Mass. (AP)'- A software engineer who shot seven co- workers to death believes he actually killed Adolf Hitler and six German generals, his attorney told the jury yesterday at his murder trial. Michael McDermott, 43, believes St. Michael appeared to him 12 days before the Dec. 26, 2000, massacre at Edgewater Technology and told him he could earn a soul if he prevented the Holocaust, attorney Kevin Red- dington said. McDermott claims he was suffering from schizophrenia and cannot be held responsible for his actions. "This man is insane. As he sits here in front of you now, he is insane," Reddington said in his open- ing statement. "I will put him on that witness stand and I will ask him questions and you will hear him say that you don't exist, that I don't exist, the judge doesn't exist and the people in this courtroom don't exist." Prosecutors said McDermott planned the slayings in retaliation for the company's plans to withhold his wages to pay off $5,600 in back taxes. But Reddington disputed claims his client was having financial difficul- ties, saying McDermott had at least $50,000 in his retirement account at the time. As his lawyer laid out his case for insanity, McDermott, a burly man with long hair and bushy beard, sat at the defense table reading a tattered Bible. Reddington said McDermott constantly hears voices and the reason he wears his hair long and wild is because he believes it "keeps the voices down." Reddington said McDermott_. believes he died in a German police station sometime after his arrest. "At this moment he believes he's killed noI one but Hitler and those six German generals," Reddington said. "He does- n't believe he killed his co-workers." 2 0 b" AP PHOTO President Bush shakes hands with members of the audience in the East Room of the White House yesterday afternoon. U.S. may provide help to Colombia WASHINGTON (AP) - Bush administration officials urged lawmak- ers yesterday to end the legal barriers that prevent Colombia from using U.S.-funded combat helicopters to bat- tle leftist guerrillas. The United States has provided Colombia with dozens of helicopters and other military aid in recent years, but with the restriction that they be used only for counternarcotics operations. "We're trying to allow a democratic Colombia to again have control over its territory," Undersecretary of State Marc Grossman told the House Appropria- tions foreign operations subcommittee. Committee members were wary of expanding the U.S. role in Colombia, saying they are not convinced that the wealthy and powerful in Colombia are making the sacrifices needed to win their country's 38-year civil war. They said Colombia spends just 3 percent of its gross domestic product on defense. "If we're going to commit our resources, our efforts, our prestige, then we ought to do it after Colombia demonstrates it's willing to belly up to the line," said Rep. David Obey (D-Wis.). The committee will consider the request to end the aid restrictions as part of a larger administration request for additional counterterrorism spend- ing. That request also included $35 million in anti-terror aid for Colombia. Some lawmakers suggested it would be better to hold off on any changes in Colombian aid until after the country's May 26 presidential election so they can see how commit- ted Colombia's next leader will be to the terrorism fight. Grossman tried to discourage that. Guerrillas "don't stop their attacks waiting for an election," he said. "They're attacking today, tomorrow and yesterday," Colombia's outgoing president, Andres Pastrana, will push for ending the restrictions when he visits Wash- ington next week. He will meet with President Bush at the White House on April 18. .* w, 4, " . Looking for a job that makes a difference? Learn about part-time teaching opportunities at Washtenaw Community College Part-time Faculty, Job Fair Friday, April 19, 2:30 - 5:30 p.m. Artists' Gallery Dining Room, Student Center Building, first floor Spring/Summer and Fall 2002 openings are expected to include the following areas: Behavioral Sciences Biology Business Office Systems CIS Computer Repair/Networking Drafting Electricity/Electronics English/Writing Humanities Industrial Technology Mathematics Physical Sciences Social Sciences Visual Arts Technology ...and many more 1 I