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Daily Archives: June 22, 2011

U.S. Mayors Call for Early End to Wars; Investments in Local Economy

June 20, 2011 – “During the closing hours of the United States Conference of Mayors’ annual meeting in Baltimore, nearly 150 mayors met to debate and pass a policy resolution, calling on a speedier drawdown of troops in Afghanistan and Iraq. The nation’s mayors called on leaders in Washington to end the wars as soon as strategically possible and bring war dollars home to meet vital human needs…Mayors are calling for the war dollars to instead be utilized to: promote job creation, rebuild American’s infrastructure, provide aid to municipal and state governments, and develop a new economy based upon renewable, sustainable energy and reduce the federal debt. During the debate process and in the written resolution, mayors stated that the drawdown of troops should be done in a measured way that does not destabilize the region and that can accelerate the transfer of responsibility to regional authorities.” And on June 22:

  • Obama on Afghan War Drawdown:’The Tide of War Is Receding’
  • NYT: Obama Orders Troop Cuts in Afghanistan – “…in a blunt acknowledgment of domestic economic strains, he said, “America, it is time to focus on nation-building here at home.” Mr. Obama announced plans to withdraw 10,000 troops from Afghanistan by the end of this year. The remaining 20,000 troops from the 2009 “surge” of forces would leave by next summer, amounting to about a third of the 100,000 troops now in the country. He said the troop reductions would continue “at a steady pace,” bringing to an end America’s longest war — a conflict that has cost 1,500 American lives.”
  • FHFA House Price Index Rises 0.8 Percent in April; First Monthly Increase Since May 2010

    News release: “U.S. house prices rose 0.8 percent on a seasonally adjusted basis from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent decrease in March was revised to a 0.4 percent decrease. For the 12 months ending in April, U.S. prices fell 5.7 percent.… Continue Reading

    CBO's 2011 Long-Term Budget Outlook

    CBO’s 2011 Long-Term Budget Outlook, June 22, 2011 “This Congressional Budget Office (CBO) report presents the agency’s projections of federal spending and revenues over the coming decades. Under current law, an aging population and rapidly rising health care costs will sharply increase federal spending for health care programs and Social Security. If revenues remained at… Continue Reading

    The Orderly Liquidation of Lehman Brothers Holdings Inc. under the Dodd-Frank Act

    The Orderly Liquidation of Lehman Brothers Holdings Inc. under the Dodd-Frank Act, FDIC Quarterly, Early release for the upcoming 2011, Volume 5, No. 2 “The bankruptcy filing of Lehman Brothers Holdings Inc. (Lehman or LBHI) on September 15, 2008, was one of the signal events of the financial crisis. The disorderly and costly nature of… Continue Reading

    New GAO Reports: Horse Welfare, IRS, Medicare Secondary Payer, Military Justice, Military Justice, Medical Devices

    Horse Welfare: Action Needed to Address Unintended Consequences from Cessation of Domestic Slaughter, GAO-11-228, June 22, 2011 Internal Revenue Service: Status of GAO Financial Audit and Related Financial Management Report Recommendations, GAO-11-536, June 22, 2011 Medicare Secondary Payer: Process for Situations Involving Non-Group Health Plans, GAO-11-726T, June 22, 2011 Military Justice: Oversight and Better Collaboration… Continue Reading

    Report – Creating High Performance Government: A Once-In-A-Generation Opportunity

    Creating High Performanc Government: A Once-In-A-Generation Opportunity, June 21, 2011 – The Campaign for High Performance Government, Robert F. Wagner School of Government, New York University, Paul C. Light, Professor and Director “Confidence in the federal government’s ability to respond effectively to national and international, economic and political problems continues to dwindle. Some of these… Continue Reading

    KPMG CFO Insights: A global survey of Consumer Markets Executives

    CFO Insights: “At the onset of 2011, KPMG International and CFO Research Services commenced a two-phase survey to examine the outlook and perspectives of senior finance executives in the retail, food, drink, and consumer goods sectors, on the key issues affecting their industry. Highlights from the study include: Most companies report resilience to the impact… Continue Reading

    FHFA’s Report to Congress Details Annual Examinations of Fannie Mae, Freddie Mac and Federal Home Loan Banks

    News release: “The Federal Housing Finance Agency (FHFA) released its third Report to Congress, detailing the findings of the agency’s 2010 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance. “Since being placed under conservatorship in 2008, Fannie Mae and Freddie Mac remain critical… Continue Reading

    National Library of Medicine launches MedlinePlus Connect

    News release: “The National Library of Medicine, the world’s largest medical library and a component of the National Institutes of Health (NIH), has formally launched MedlinePlus Connect. This free service allows health organizations and health information technology (HIT) providers to link patient portals and electronic health record (EHR) systems to MedlinePlus.gov, a trusted source of… Continue Reading

    Environmental Working Group 2011 Shopper's Guide to Pesticides

    EWG’s Shopper’s Guide to Pesticides in Produce: “Eat your fruits and vegetables! The health benefits of a diet rich in fruits and vegetables outweigh the risks of pesticide exposure. Use EWG’s Shopper’s Guide to Pesticides to reduce your exposures as much as possible, but eating conventionally-grown produce is far better than not eating fruits and… Continue Reading