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Daily Archives: August 31, 2009

New GAO Reports: Disaster Recovery, Medicare Physician Payments, Private Health Insurance, Home Mortgage Interest Deduction

Border Patrol: Checkpoints Contribute to Border Patrol’s Mission, but More Consistent Data Collection and Performance Measurement Could Improve Effectiveness, GAO-09-824, August 31, 2009 Disaster Recovery: Experiences from Past Disasters Offer Insights for Effective Collaboration after Catastrophic Events, GAO-09-811, July 31, 2009 Medicare Physician Payments: Fees Could Better Reflect Efficiencies Achieved When Services Are Provided Together,… Continue Reading

Preliminary Annual Report on U.S. Holdings of Foreign Securities

News release: “The survey measured U.S. holdings at year-end 2008 of approximately $4.3 trillion, with $2.7 trillion held in foreign equities, $1.3 trillion in foreign long-term debt securities (original term-to-maturity in excess of one year), and $0.3 trillion held in foreign short-term debt securities. The previous such survey, conducted as of year-end 2007, measured U.S.… Continue Reading

New Nationwide Insurance survey shows overwhelming support for laws banning texting while driving

News release: “Nationwide Insurance today released the results of its new On Your Side® survey, which found that 8 in 10 Americans surveyed this month say they would support legislation restricting cell phone use while driving. The survey, conducted Aug. 5-9, 2009, by Harris Interactive, reports that 80 percent of Americans favor a ban on… Continue Reading

Google Translate now speaks 51 languages

Official Google Blog: “Today, we’re excited to announce that we’ve added nine new languages to Google Translate: Afrikaans, Belarusian, Icelandic, Irish, Macedonian, Malay, Swahili, Welsh and Yiddish. That means that Google Translate now supports 51 languages and 2550 language pairs — including all 23 official EU languages.” Continue Reading

Credit Cards: New Law Protects Consumers from Surprise Fees, Rate Increases and Other Penalties

FDIC Consumer News, Summer 2009 – Credit Cards: New Law Protects Consumers from Surprise Fees, Rate Increases and Other Penalties “In May, Congress passed and President Obama signed the Credit Card Accountability Responsibility and Disclosure Act of 2009 — the Credit CARD Act — the most sweeping statutory changes in card protections for consumers since… Continue Reading

Survey: Monetary Policy Right for Now, but Eventual Tightening Needed

“The NABE Economic Policy Survey presents the consensus of a panel of 266 members of the National Association for Business Economics. Conducted semiannually, this survey was taken Aug. 3-18, 2009.” “Economists surveyed earlier this month by the National Association for Business Economics expressed strong agreement with the current posture of monetary policy and viewed the… Continue Reading