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Daily Archives: May 6, 2012

CBO – Monthly Budget Review

Monthly Budget Review – Based on the Monthly Treasury Statement for March and the Daily Treasury Statements for April, 2012

  • “The federal government incurred a budget deficit of $721 billion in the first seven months of fiscal year 2012, CBO estimates—$149 billion less than the shortfall reported during the same period last year. Without shifts in the timing of certain payments, however, the deficit so far this year would have been only $92 billion smaller. Revenues were 6 percent higher and outlays slightly lower than they were at this point in 2011.”
  • Related postings on the financial system
  • UK Guardian – Open access scientific publishing – Wikipedia founder to help in government's research scheme

    Academic spring campaign aims to make all taxpayer-funded academic research available for free online: “The government has drafted in the Wikipedia founder Jimmy Wales to help make all taxpayer-funded academic research in Britain available online to anyone who wants to read or use it. The initiative, which has the backing of No 10 and should… Continue Reading

    LLRX.com – Pet Overpopulation Infographic

    Via LLRX.com – Pet Overpopulation Infographic – Spencer Belkofer’s Infographic documents the critical importance of spaying and neutering cats and dogs to saves lives, promote health and to facilitate adoption. For all the readers who are involved in “rescue”, and those who are considering this option, Spencer brings us key facts to help support our… Continue Reading

    Number of New Firms Continues to Slide According to New Census Bureau Data

    “This Census Bureau brief highlights the most recent update to the Business Dynamics Statistics, which found that U.S. business startups have been declining since the 1980s and especially during the 2008-2009 recession. The report concludes that the U.S. has become less entrepreneurial as a result of the decline in startups and the lack of activity… Continue Reading

    BIS – Fundamental review of the trading book – consultative document

    Fundamental review of the trading book – consultative document, May 2012: “This consultative document sets out a revised market risk framework and proposes a number of specific measures to improve trading book capital requirements. These proposals reflect the Basel Committee on Banking Supervision’s increased focus on achieving a regulatory framework that can be implemented consistently… Continue Reading

    NSA: New Smartphones and the Risk Picture

    NSA Fact Sheet, April 2012: Mobile phone platforms are susceptible to malicious attacks, both from the network and upon physical compromise. Understanding the vectors of such attacks, level of expertise required to carry them out, available mitigations, and impact of compromise provides a background for certain risk decisions. In general, comparing risks introduced by the… Continue Reading

    National Bioeconomy Blueprint Released by White House

    “The growth of today’s U.S. bioeconomy is due in large part to the development of three foundational technologies: genetic engineering, DNA sequencing, and automated high-throughput manipulations of biomolecules. While the potential of these technologies is far from exhausted, a number of important new technologies and innovative combinations of new and existing technologies are emerging. Tomorrow’s… Continue Reading