IM Money launched
The Austrian magazine IM Money has launched. It provides service, analysis and background information to financial decision makers in companies.
It will be published as a supplement of Österreichischen Industrie Magazin.
This publication will be added to the FeaturesExec database shortly.
September 17, 2011
CHELMSFORD, Mass., Aug 30, 2011 /PRNewswire via COMTEX/ –
Datawatch Corporation (nasdaq-cm:DWCH), the leading global provider of report analytics software and services, today announced a partnership with leading Manila-based systems and integration firm, Infomax Systems Solutions & Services. Infomax joins a growing portfolio of international partners capable of delivering Datawatch’s Monarch Report Analytics platform to key markets around the world.
“There’s a natural synergy between Infomax’s customer base and Datawatch’s Monarch suite of report analytics and content management solutions,” said Mark Dwyer, regional manager of Datawatch’s Asia Pacific Operation. “With Infomax’s local market expertise, we will be able to better serve the growing Filipino market. We are dedicated to expanding our reach in important local markets by working with best-in-market partners who offer robust development solutions. Infomax will help us to achieve that goal in the Philippines.”
Infomax is a wholly owned Filipino company that provides world-class solutions in the area of content and systems management. Infomax maximizes their customers’ IT investments by providing them with high-value solutions that will improve their business processes and increase their revenue streams. Infomax’s customers include many top-tier Philippine banks, insurance companies, retail businesses and government agencies.
“Our clients – especially those in financial services – struggle with getting easy, timely access to data trapped in static reports,” said Joseph Goyanko, President and General Manager of Infomax Systems Solutions & Services. “By adding the Monarch Report Analytics platform to our portfolio of solutions, we are able to provide our customers with a cost-effective way to deploy business and report analytics throughout the enterprise.”
The Monarch Report Analytics Platform
The Monarch Report Analytics platform takes report mining to a new level: it is a complete enterprise solution that transforms static, isolated data from existing reports into a dynamic framework for self-service analysis and visualization. The Monarch Report Analytics platform automates the processes that enable users to easily access, extract and incorporate data from any combination of existing reports already published inside or outside the enterprise, then create, publish and distribute the resulting dynamic, interactive reports throughout the enterprise – without requiring the time, expense or expertise of valuable IT resources. The Monarch Report Analytics platform includes:
Monarch 11, a new, enhanced version of Datawatch’s flagship product for report modeling and design.
Monarch Data Pump for automating repetitive processes for acquiring, validating, integrating, scheduling and distributing report data;
Monarch Enterprise Server for Web-based distribution of dynamic reports throughout the enterprise, including capabilities to archive these reports for proper information governance to satisfy the needs of internal auditors and regulatory bodies;
Monarch Report Mining Server for data mining and analytics on documents stored in enterprise content management systems such as IBM’s Content Manager OnDemand, ASG Mobius ViewDirect and others; and
Monarch Report Manager on Demand for high-volume print output, document and report capture, archiving and management.
About Datawatch Corporation
Datawatch Corporation (nasdaq-cm:DWCH) empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, HTML and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations. Datawatch’s technology allows its more than 40,000 customers worldwide to leverage the investments they have made in reports from ERP, CRM and other custom applications into high performance analytic information at a fraction of the cost and time of traditional approaches. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit
www.datawatch.com .
Media ContactsKelley Lynn KassaDatawatch Corp.978-275-8240Kelley_kassa@datawatch.com@datawatch
© 2011 Datawatch Corporation. Datawatch, Monarch and their respective logos are trademarks or registered trademarks of Datawatch Corporation in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.
SOURCE Datawatch Corporation
Copyright (C) 2011 PR Newswire. All rights reserved
September 16, 2011
Peak 6 drains into South Barton Gulch, which is separate from the highly sensitive Cucumber Gulch area below Peak 7 in Breckenridge.
Though watershed impacts are of concern for Forest Service analysis and environmental advocates, it appears the proposed Peak 6 expansion wouldnt greatly affect the creeks and streams.
(The South Barton Creek watershed) is pretty pristine, I think, Rocky Mountain Wild Forest Watch program director Rocky Smith said, adding that in itself constitutes a reason not to expand the ski resort. Its general Forest Service policy not to cut next to streams, he said.
Forest Service management measures include constructing roads and disturbed sites to minimize sediment discharge into streams, lakes and wetlands as well as managing land treatments to prevent harmful increased runoff.
Its not to say its going to be a disaster if they do it, but it would cause some impacts, Smith said, such as sedimentation, alterations with runoff, and more.
According to the draft environmental impact statement, Alternative 2 would have no permanent impacts to the watershed, including wetlands. Alternative 3, however, would affect about a tenth of an acre of wetlands due to trail reconstruction to accommodate the intermediate skier type.
Janice Kurbjun
September 13, 2011
FREEHOLD A review of the United States Postal Services decision to close Freehold Boroughs postal facility was flawed, according to a review of the matter prepared by Richard A. Oliver, the public representative of the Postal Regulatory Commission.
Olivers review describes various shortcomings in the postal services decision to close the trailer on Lafayette Street that had served as the boroughs de facto post office for nine years. The facility closed on July 29.
Local officials lobbied the postal service to keep the facility open, to no avail.
The matter has been remanded to the postal service. A spokesman for the postal service told the News Transcript it appears there is some action regarding this decision, but that because the issue is under pending litigation, it is the postal services policy not to comment until that is completed.
Freehold Borough is the only county seat in New Jersey that does not have a post office within its borders. Freehold Borough shares the 07728 ZIP code with Freehold Township, which has a large post office on Route 537 in the Raintree shopping center.
Postal service officials said economic realities have forced them to start closing facilities around the nation.
According to Olivers findings, the decision (to close the trailer) was based principally upon postal service findings that the trailer was in substandard condition and that there had been a decline in retail transactions.
The postal service claimed an annual savings of $153,368 would result from closing the trailer, however, Oliver provided details which showed the facility was a money-making venture for the postal service and that the savings would be less than what was being claimed.
In conclusion, Oliver states, The postal services final determination to close the Lafayette Street facility is seriously flawed. Aside from the procedures used by the postal service, which are contrary to law, the postal service analysis fails to satisfy the arbitrary and capricious standard and its essential findings are not supported by substantial evidence. The commission cannot affirm that closure of determination in its present condition and should remand the case to the postal service to remedy the deficiencies identified above and in the submissions by petitioners.
September 12, 2011
Our client, one of the leading hospitals is currently seeking to recruit a Senior Analyst – Supply Chain. Your main job responsibility would be leading the analysis, development and implementation of strategic supply chain initiatives within the company. This position is also responsible for product and service analysis in conjunction with the strategic sourcing or material management process. Your other responsibilities would include Collecting and reviewing data to analyze existing volume inventory levels Preparing bids or comparisons of existing or other contracts to determine the best outcome for the company Managing tracts from negotiation to execution and ensures that contract terms and conditions are maintained throughout the life of the contract Working cross functionally with other departments to achieve the lowest total cost for materials Meeting with departments throughout the company on contract negotiations and cost savings opportunities Evaluating and executing flow decisions and changes to support supply chain efficiency Meeting with sales representatives to evaluate new products or services available Initiating requests for quotations and reviews incoming bids for best price, availability of stock, price protection, consignment, etc. Implementing supplier changes and ensures seamless transition of sourcing changes Monitoring, managing and executing resolution plans for complex supply chain issues.
Skills
The ideal candidate must have a Bacheloramp;apos;s degree in Supply Chain Management, Business Administration or Finance or related field is required with a minimum five (5) years experience in forecasting, inventory, purchasing or sourcing is required. Knowledge and understanding of purchasing, supply chain and inventory principles would be ideal. You must be computer proficient – MS Office. You must have strong communication skills in English and Arabic would be an advantage.
Company Profile
Manpower, Inc. was first established in Wisconsin in 1948 and has grown to become a world leader in the employment services industry; creating and delivering services that enable its clients to win in the changing world of work. Manpower has 4,500 offices worldwide in 80 countries and territories and put over a million people into work every day. We offer clients a range of services for the entire employment and business cycle including permanent, temporary and contract recruitment; employee assessment and selection; training; outplacement; outsourcing and consulting.
September 12, 2011
PORT Lincoln bus users will be able to dial-a-ride all day under planned changes to the citys bus service.
The service will become a full time dial-a-ride service when the new tender is awarded, to better meet the communitys needs.
The Department for Transport, Energy and Infrastructure conducted a review of the service in May, which included analysing the existing service, patronage and a survey of passengers.
Currently the bus runs on a fixed route in the mornings with a flexible dial-a-ride service in the afternoons, but feedback from passengers showed overwhelming support for changing to an all day dial-a-ride service.
Analysis of passenger use also showed higher use of the afternoon dial-a-ride service.
The service was retendered on July 25 based on the new format and tenders closed on Friday.
September 11, 2011
SAN LUIS OBISPO, Calif.–(BUSINESS WIRE)–The Global
Waste Research Institute (GWRI) of Cal Poly, San Luis Obispo,
announced today that it had been awarded a $372,000 grant from the National
Science Foundation (NSF) to acquire an Optical Interferometry System
to help research and analyze material surface characteristics for a
variety of civil engineering, bio-medical, manufacturing,
micro-electromechanical, and aerospace engineering applications.
We are very pleased to have received the NSF grant. The acquisition of
the interferometer will provide extensive research capabilities at Cal
Poly, creating opportunities for interdisciplinary collaborations for
advancing surface topography analysis and the engineering performance of
materials
Part of the grant will allow GWRI to acquire a Bruker Nano Inc.
OM-NPFLEX 3D Metrology System and associated accessories for Cal Poly’s
College of Engineering. The interferometer employs coherence scanning
interferometry to produce 3-D surface maps for investigation of surface
topographies for a wide variety of natural or engineered, inorganic or
organic materials. Surface characterization conducted using the
interferometer will enable novel investigations of civil engineering
systems, including interface shear behavior of layered systems;
soil-structure interaction; and discrete inclusions in composite systems.
The interferometer will allow significant advancements to be made in
numerical modeling of particulate-continuum interfaces — bonding and
distribution of inclusions in solid matrices with the availability of
surface texture data. Particular example applications in waste and
byproduct management areas will include quantification of surface
characteristics of textured geomembranes used in containment systems and
characterization of inclusions made of recycled materials such as tire
chips, fly ash, glass, and plastics. Additional engineering and
manufacturing applications of the interferometer include detection and
prevention of surface defects in rocket nozzles for space missions;
evaluation of sub-scale aerodynamic performance problems for wind
turbines; fabrication 3-D surface mapping of silicon diaphragms and
piezoresistive sensors; quantification of surface roughness for in-vivo
degradation of metallic bio-medical materials, and surface texture
analysis of paper-based packaging materials for printability.
“We are very pleased to have received the NSF grant. The acquisition of
the interferometer will provide extensive research capabilities at Cal
Poly, creating opportunities for interdisciplinary collaborations for
advancing surface topography analysis and the engineering performance of
materials,” said GWRI’s Director Dr.
Nazli Yesiller. “We’ll be able to greatly improve our understanding
of the mechanics and micromechanics associated with applications in
civil engineering and other technical fields, which will lead to
potentially transformative advances in interface and fiber inclusion
analysis, and pre-, in-, and post-service analysis of materials that
will be integrated into learning modules for use throughout the
curriculum at Cal Poly.”
The effort for the acquisition of the interferometer was led by Dr.
Nazli Yesiller, Dr. Jim Hanson and Dr. Garrett Hall from Civil and
Environmental Engineering. An interdisciplinary group of faculty
including Dr. Patrick Lemieux (Mechanical Engineering), Dr. Richard
Savage (Materials Engineering), Dr. Trevor Harding (Materials
Engineering), and Dr. Jay Singh (Industrial Technology) also contributed
to the effort.
About the Global Waste Research Institute
The Global Waste Research Institute (GWRI), located in San Luis Obispo,
California, is a collaborative effort between Cal Poly and industry to
promote the development of sustainable waste and byproduct
management technologies and advance current practices in resource
management.
The San Luis Obispo based institute, located on Cal Polys campus and
headed by Director Dr. Nazli Yesiller, engages faculty and students in
projects that investigate all aspects of wastes and byproducts from
initial generation to final disposal. The Institute provides training
for students, professional community, regulators, and the general public
in sustainable waste and byproduct management domestically and abroad,
and contributes to the overall educational focus and learn-by-doing
mission of Cal Poly. Additionally, the Institute actively promotes
international partnerships that help mature and developing countries
transform waste into opportunities.
GWRI has set up a specific set of fellowship
giving opportunities to support research activities in line with the
Grand Challenges for Engineering designated by the National Academy of
Engineering.
To learn more about GWRI — please visit www.gwri.calpoly.edu
or call Dr. Nazli Yesiller at (805) 756-2932.
July 6, 2011
EAST MOLINE, Ill., June 23, 2011 /PRNewswire/ — 4CS, the leading warranty and service lifecycle management software provider, announced today that Follett Corporation, a world leader in ice equipment for foodservice and healthcare as well as medical grade refrigeration for healthcare, has selected 4CS service management software to better streamline their service processes.
Sarah Studnicka, 4CS Account Manager for the Foodservice Equipment Industry, said, We are pleased that Follett has selected 4CS to be the software partner for Service Lifecycle Management. Follett is joining a growing list of Foodservice Equipment companies that are relying on 4CS software to deliver better service to their customers.
Follett will implement the 4CS iService module to provide robust service order tracking and to improve their third party agent invoicing process. Follett will also be utilizing the 4CS Service Intelligence module to provide better reporting and analysis to the entire organization.
Folletts goal is to reach 100% customer satisfaction and is dedicated to providing the most customer-oriented service in the industry, said Steve Follett, President amp; CEO of Follett. We anticipate 4CS iService will enable Follett to deliver better service by tracking service orders end-to-end and by providing integrated service analysis to improve performance.
About 4CS:
4CS is a leading provider of Service Lifecycle Management software solutions. 4CS Service Suite includes iWarranty, iSupport, iParts, iService, iOwn and iFleet software which all enable companies to profit from service. 4CS software directly connects manufacturers, suppliers, dealers, partners and customers in a service network to reduce the cost of warranty and service fulfillment while growing service revenues and profitability. Many global companies in a diverse range of industries have implemented 4CS software to optimize warranty, support, service parts and customer service processes. For more information, www.4CS.com or call 800.709.8773.
About Follett:
Since 1948 Follett has led the industry in designing and manufacturing high quality, innovative ice storage bins, ice storage and transport systems, icemakers, ice and water dispensers, ice and beverage dispensers, and medical-grade refrigerators and freezers for the foodservice and healthcare industries. Our continuing goal to reach 100% customer satisfaction has resulted in equipment that provides outstanding innovation and design excellence to meet the specific needs of each facility. Our entire company is dedicated to providing the most customer-oriented service in the industry.
SOURCE 4CS
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http://www.4cs.com
July 5, 2011
BOSTON–(BUSINESS WIRE)–Vordel, a provider of fast, safe, connectivity for SOA and Cloud
services, today unveiled version 6.1 of its market leading Vordel
Gateway. Vordel Gateway 6.1 enables a single point of control and
monitoring for Cloud and SOA services, through the lifecycle, across the
network and beyond. Key enhancements include greater service quality
analysis, role-based access to policies and service information,
improved service lifecycle management and enhanced next generation SOA
Governance support. These updates improve the overall productivity of an
organization’s engineering, architecture and network operation team and
reduce costs.
Now the powerful Governance feature set in 6.1
gives customers increased control of their on-premise SOA, as well as
off-premises Cloud and mobile applications while enabling enterprises to
connect systems quickly and securely.
As businesses integrate their SOA and Cloud-based applications, policies
have inevitably become increasingly complex. Vordel Gateway 6.1 offers
users a single command and control point for best practice SOA and Cloud
Governance. Using Vordel, enterprises can enforce security and privacy
policies, monitor service quality, and control service usage. The latest
enhancements include an automated service analysis feature to
auto-generate reports on service usage, uptime, and response times.
Additionally, Vordel Gateway features dynamic quota management, allowing
enterprises to control and regulate the traffic levels to services based
on a wide range of parameters including customer status (paying or
free), IP address, partner ID, credentials, time of day, duration,
frequency, volume of requests, and many others.
With Vordel Gateway 6 we delivered the worlds fastest XML Gateway and
SOA appliance,” said Isabelle Mauny, Head of Product Management at
Vordel. ” Now the powerful Governance feature set in 6.1
gives customers increased control of their on-premise SOA, as well as
off-premises Cloud and mobile applications while enabling enterprises to
connect systems quickly and securely.”
“Moreover, customers can now use the Gateway to give greater flexibility
to their services business models by dynamically controlling and
regulating the traffic levels to services based on a wide range of
parameters” added Mauny.
Highlights include:
For more on the Vordel Gateway 6.1 release, download data
sheets here. Vordel Gateway 6.1 is available today and all enquiries
should be directed to sales@vordel.com
or call US 1866 460 0987 or ROW + 44 203 427 5082
About Vordel
Vordel delivers fast, safe, connectivity for SOA and Cloud services.
Customers rely on Vordels Gateway and Cloud Service Broker to increase
performance, strengthen security and enhance interoperability in SOA and
Cloud deployments. Businesses leverage Vordels unique management
capability to govern service usage and enable the efficient running of
applications in SOA or Cloud architectures. Vordel has global enterprise
customers in banking, healthcare, insurance, manufacturing, media,
pharmaceutical, telecoms, utility and government organizations. To learn
more and obtain a free evaluation of Vordels products, go to: www.vordel.com
and follow us on twitter
and our Blogs
July 4, 2011
It all seems so remote, not just in geography, but as a unique economic issue affecting only Greece and, perhaps, the rest of the EU. But it isn’t. The world is very interconnected. Many Americans directly or indirectly (through their banks or money market funds) hold Greek debt instruments, which are probably never going to be repaid, or, in some cases, Americans may be invested in funds that hold debt instruments that are, in turn, insured by European banks that have sizeable exposure to a Greek default or restructuring.
A default, restructuring or further downgrading of Greek debt or of the banks that have Greek debt exposure can ricochet through American financial institutions. European finance ministers and the European Central Bank (ECB) have been wrangling over whether or when to release the final installment of the $157 million bailout loan granted last year when certain austerity measures were imposed on Greece. Keep in mind that this final disbursement will only carry Greece into mid-September. The bigger issue is a fresh bailout loan of $100+ billion Euros, almost the same as the first loan. In other words, this, in gambling terms, is a double down bet. Few financial analysts, if any, believe Greece is going to escape an eventual default. So what is going on here? This is Extend and Pretend writ large.
Last year’s package depended on Greece enacting major spending cuts, and cracking down on tax evaders. Instead the public took to the streets. Prime Minister Papandreou has based his political future on ramming through a new and more draconian austerity budget, but he has only a five seat parliamentary majority and some members of his party have been on the fence. Greek debt is now at a staggering 150% of its GNP.
As The Wall Street Journal notes, this is not a liquidity problem but a solvency crisis and that is not a difference without a distinction. Greece isn’t merely having cash flow problems. Greece is insolvent, ie, it currently has no prospect of meeting its obligations.
Angela Merkel, Chancellor of Germany initially advocated a restructuring of Greek debt, extending the maturity of debt repayment (ie, stretching out the due dates). European ministers have resisted, relying instead on a fresh loan and further austerity measures. Ms. Merkel seems to have relented, at least with regard to the final disbursement of the first loan. If this whole rescue plan debate isn’t a “hear no evil, see no evil” approach, we do not know what one is. A new loan package would make other European governments Greece’s largest creditors. Germany, as the largest economy, has the biggest exposure. Bondholders (the secured creditors) would not be forced to take a haircut, at least not yet. Essentially, Europe is embarking on a policy of “too big to fail” and economists will be debating for many years how well that worked, or didn’t work, here.
Restructuring the debt by stretching it out or paying less than one hundred cents on the dollar will be considered by rating agencies to be a default and Greece will then have little or no access to credit markets for quite a while (at least at anything less than confiscatory interest rates). Credit rating agencies are not apt to look kindly on other proposals for creditor banks to accept new Greek debt instruments as payment for current debt about to come due. If the rating agencies determine that a restructuring or rescheduling plan has harmed the holders of existing debt, there is a strong likelihood that they will declare a default… as, indeed, they should. Interest on Greek bonds reached 17 percent on June 10, and that is before a default. No one knows what kind of impact a default might have on the debt of other nations whose economies are weak, and whose debt to GNP ratio far exceeds a healthy or sustainable (there’s that word again) level. Ireland, Portugal and Spain are in similarly weak positions and declaration of a default in Greece might well cause a rush to the exits for holders of the debt of those countries. That is why many economists and pundits refer to this situation as a Lehman Brothers moment, which caused the US financial markets essentially to melt down.
US financial institutions and their depositors cannot escape the consequences of this, if they are exposed to Greek debt and to the banks that made the loans. When those holdings are “marked to market,” our banks will record losses. Even money market funds are not immune from the consequences. There are no available fallout shelters.
Economist Niall Ferguson explains it this way in the Financial Times:
“It began in Athens and it is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will be confined to the weaker eurozone economies. For this is more than just a Mediterranean problem . . . . . It is a fiscal crisis of the western world. Its ramifications are far more profound than most investors currently appreciate.
The greatest failed experiment in economic history could only have been propped up for so long, courtesy of its core beneficiaries: the very oligarchs and financiers who transferred wealth over the ages from the working class to the “financially creative” product class (ie, those that “packaged” and managed risk…look where they got us, but don’t look how much they got paid for it).”
Keynesianism is starting to unravel. Although US Treasuries may be a temporary “safe haven” one wag jokingly said that for the longer term, US government debt is as safe a haven as was Pearl Harbor in 1941.
A European debt crisis is likely once again to make banks fearful of lending to one another bringing about the freezing of financial markets similar to the credit crisis in 2009. And this time a huge stimulus package will not be in the offing. Nor can Greece resort to the age-old beggar they neighbor approach of devaluing its currency since it is on the euro and not the drachma. Further complication arises from the fact that the EU has an integrated monetary union and no political union. Each nation passes its own budget, issues its own debt and largely ignores EU guidelines on those subjects.
The broader implications for the US are set forth in a Congressional Research Service Analysis in 2010. The report concluded there were five major implications.
First, many expect that if investors lose confidence in the future of the Eurozone, and more current account adjustment is required for the Eurozone as a whole, the value of the euro will weaken. A weaker euro would likely lower US exports to the Eurozone and increase US imports from the Eurozone, widening the US trade deficit.
Second, the United States has a large financial stake in the EU. The EU as a whole is the United States’s biggest trading partner and hundreds of billions of dollars flow between the EU and the United States each year. Widespread financial instability in the EU could impact trade and growth in the region, which in turn could impact the US economy.
Third, a Greek default could have implications for US commercial interests. Although most of Greece’s debt is held by Europeans (more than 80%), $14.1 billion of Greece’s debt obligations are owed to creditors within the United States.
Fourth, the global recession has worsened the government budget position of a large number of countries.
Fifth, debates over imbalances between current account deficit and current account surplus countries within the Eurozone are similar to the debates about imbalances between the United States and China. These debates reiterate how the economic policies of one country can affect other countries and the need for international economic cooperation and coordination to achieve international financial stability.
Greece’s solvency crisis cannot be cured by bailouts. At best they put off for a while the day of reckoning. Europe’s politicians (just like ours) are simply pushing that day farther down the road, no doubt so politicians can get past yet another election. But further bloated budgets simply make the ultimate consequences worse.
Sound familiar? Our Congress and President, while facing the same problems, are doing the same thing. Democrats have declared Social Security, Medicare and Medicaid “off the table.” But that is where the money is. Instead the political left continues to treat our fiscal problems as a revenue issue, which can be solved by taxing those taxpayers they consider to be the enemy: “the rich”. Robert Reich, a former labor secretary and in our judgment, an ivory tower economist, has mused that the US economy grew when top rates were 70%. Only economists who breathe the rarified air high in Ivorytowerdom would propose 70% tax rates, even on high marginal income, with the economy teetering near renewed recession, housing prices sinking even lower into what seems a bottomless market abyss and the threat of the current downturn evolving into an American lost decade.
Congress must act and curtail our debt. It needs to raise the debt limit far enough to cover interest on US debt securities and other required payments so long as it also enacts binding spending cut offsets. Oddly, the atmosphere to do that may be getting better because the message is getting through. Recently AARP dropped a bombshell by agreeing that changes to Social Security were necessary. And the US Senate, in a rare show of bipartisanship, voted to end ethanol subsidies (a boondoggle if ever there was one). Time is running out, but, at long last, adult thinking has become part of the dialogue. Better late than never.
By Hal Gershowitz and Stephen Porter
July 3, 2011
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