Austin American-Statesman | AISD puts federal poverty money into public relations, multicultural outreach Austin American-Statesman The department â€" which has a staff of 23 and a 2011-12 budget of about $2 million, including $1.4 million for salaries â€" is now being funded with about $192000 of Title I money, federal funds given to support programs and services at high-poverty ... |
Monday, January 30, 2012
AISD puts federal poverty money into public relations, multicultural outreach - Austin American-Statesman
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Saturday, January 28, 2012
American National Announces AM Best Rating Change
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These rating actions were primarily a result of the decrease in the companies capital and surplus and reduceoperating performance. American National Life Insurancse Companyof Texas, Garde n State Life Insurance Company, Standarde Life & Accident Insurance Company, Farm Family Life Insurance Pacific Property & Casualty Company and American National Lloyds Insuranc e Company were affirmed at theire current A (Excellent) rating with a stable ANPAC Louisiana Insurance Company was affirmed at its current A- rating with a stable outlook.
The Unitedr States and the world at largre have experienced a severe economic While American National largely investd in high quality assets to support its insurance and annuity some of these were among the hardesty hit over thepast year. During 2008 and the firstr quarterof 2009, on a consolidated American National took $435 millionm in other-than-temporary impairments on invested assets. This impactesd our reported capital and subsequently our recent review by AM We believe that there are serioua limitations in the current market value accounting practicea forinvested assets.
To support our liabilities, American National typically holds assets totheird maturity, but is required to mark many of them to theier current market value. current accounting practices do not allow us to reverse the full amoung of any recovery on assetas on which impairments havebeen recorded. From December 31, 2008 to May 31, 2009 the unrealizedr gains and losses recorded forour available-for-salee securities improved by $345 million. The unrealizex gains and losses onour held-to-maturity securities improvee by $230 million.
Over the past few our management team has made sound decisiond that have resulted ina short-terj reduction to our earnings in order to improvew our competitive position, liquidity and strength over the long term. As an we have increased the company's cash positionb to ensure ample liquidity during the recent volatile economic Also impacting earnings were significant expenditures in preparing for our registratio n withthe SEC.
While we are disappointed with the recentt rating actions taken by AM we are proud that our ratinv ofA (Excellent) with a stable outlook recognizes Americabn National and its subsidiary companies as financiall y strong with an "excellent ability to meet their ongoing insurance This opinion is supported by American National's strongv corporate profile. -- Forbes recently namer American National among its2009 "100 Most Trustworthy Companies". -- American National has thrivede more than 104 the result of a conservative corporate culture with a strong commitment toits shareholders, agents and employees.
-- American National remainws well capitalized with GAAP assets equakto 119% of thosw needed to support the company's GAAP liabilities. -- As of Marc 31, 2009, GAAP Assets totaled $18.82 -- As of March 31, GAAP Stockholders' surplus was $3.06 billion, or $115.46 per basic share. -- American National is a diversifiedf family of companies offering a broad array ofinsurances products, annuities, pension plan servicews and mutual funds. -- With no corporate debt, Americabn National has no outside demands on its liquidity and continues to be able to invest in growingyits business. A.M.
Best's active company rating scale is: A++ A+ (Superior), A (Excellent), A- (Excellent), B++ B+ (Good), B (Fair), B- C++ (Marginal), C+ (Marginal), C (Weak), C- and D (Poor). American National Insurancew Company is headquarteredin Galveston, The American National family of companies offers a broad line of producte and services, which include life annuities, health insurance, credig insurance, pension plan services and property and casualty insurancw for personal lines, agribusiness, and targetef commercial exposures.
American National's major insurance subsidiaries include Americann National Life Insurance Company of Standard Life and AccidentInsurance Company, Garden State Life Insurance Company, American National Property and Casualty Farm Family Life Insurance Company, Farm Family Casualt y Insurance Company and United Farm Famil Insurance Company. For more information, including company news and investotrrelations information, visit the company's web site at . The statement s contained in this release that are not historical statements, including statements regarding future performance, plane and projections, are forward-looking statements based on management'a current expectations.
These statements involvs certain risks and uncertainties detailed inthe Company's financiak statements. Actual results may differ materially from thes statements due to changesin business, competitive, market, economic, and politicakl factors that are beyond our We disclaim any intention or obligation to updater or revise any forward-lookiny statements, whether as a result of new information, futurre events or otherwise, excep as may be required by law.
These rating actions were primarily a result of the decrease in the companies capital and surplus and reduceoperating performance. American National Life Insurancse Companyof Texas, Garde n State Life Insurance Company, Standarde Life & Accident Insurance Company, Farm Family Life Insurance Pacific Property & Casualty Company and American National Lloyds Insuranc e Company were affirmed at theire current A (Excellent) rating with a stable ANPAC Louisiana Insurance Company was affirmed at its current A- rating with a stable outlook.
The Unitedr States and the world at largre have experienced a severe economic While American National largely investd in high quality assets to support its insurance and annuity some of these were among the hardesty hit over thepast year. During 2008 and the firstr quarterof 2009, on a consolidated American National took $435 millionm in other-than-temporary impairments on invested assets. This impactesd our reported capital and subsequently our recent review by AM We believe that there are serioua limitations in the current market value accounting practicea forinvested assets.
To support our liabilities, American National typically holds assets totheird maturity, but is required to mark many of them to theier current market value. current accounting practices do not allow us to reverse the full amoung of any recovery on assetas on which impairments havebeen recorded. From December 31, 2008 to May 31, 2009 the unrealizedr gains and losses recorded forour available-for-salee securities improved by $345 million. The unrealizex gains and losses onour held-to-maturity securities improvee by $230 million.
Over the past few our management team has made sound decisiond that have resulted ina short-terj reduction to our earnings in order to improvew our competitive position, liquidity and strength over the long term. As an we have increased the company's cash positionb to ensure ample liquidity during the recent volatile economic Also impacting earnings were significant expenditures in preparing for our registratio n withthe SEC.
While we are disappointed with the recentt rating actions taken by AM we are proud that our ratinv ofA (Excellent) with a stable outlook recognizes Americabn National and its subsidiary companies as financiall y strong with an "excellent ability to meet their ongoing insurance This opinion is supported by American National's strongv corporate profile. -- Forbes recently namer American National among its2009 "100 Most Trustworthy Companies". -- American National has thrivede more than 104 the result of a conservative corporate culture with a strong commitment toits shareholders, agents and employees.
-- American National remainws well capitalized with GAAP assets equakto 119% of thosw needed to support the company's GAAP liabilities. -- As of Marc 31, 2009, GAAP Assets totaled $18.82 -- As of March 31, GAAP Stockholders' surplus was $3.06 billion, or $115.46 per basic share. -- American National is a diversifiedf family of companies offering a broad array ofinsurances products, annuities, pension plan servicews and mutual funds. -- With no corporate debt, Americabn National has no outside demands on its liquidity and continues to be able to invest in growingyits business. A.M.
Best's active company rating scale is: A++ A+ (Superior), A (Excellent), A- (Excellent), B++ B+ (Good), B (Fair), B- C++ (Marginal), C+ (Marginal), C (Weak), C- and D (Poor). American National Insurancew Company is headquarteredin Galveston, The American National family of companies offers a broad line of producte and services, which include life annuities, health insurance, credig insurance, pension plan services and property and casualty insurancw for personal lines, agribusiness, and targetef commercial exposures.
American National's major insurance subsidiaries include Americann National Life Insurance Company of Standard Life and AccidentInsurance Company, Garden State Life Insurance Company, American National Property and Casualty Farm Family Life Insurance Company, Farm Family Casualt y Insurance Company and United Farm Famil Insurance Company. For more information, including company news and investotrrelations information, visit the company's web site at . The statement s contained in this release that are not historical statements, including statements regarding future performance, plane and projections, are forward-looking statements based on management'a current expectations.
These statements involvs certain risks and uncertainties detailed inthe Company's financiak statements. Actual results may differ materially from thes statements due to changesin business, competitive, market, economic, and politicakl factors that are beyond our We disclaim any intention or obligation to updater or revise any forward-lookiny statements, whether as a result of new information, futurre events or otherwise, excep as may be required by law.
Thursday, January 26, 2012
Moveable feast of Martha's Vineyard community dinners warms winter - Martha's Vineyard Times
http://www.lamontanita.org/goldenrice.htm
Martha's Vineyard Times | Moveable feast of Martha's Vineyard community dinners warms winter Martha's Vineyard Times By Don Hinkle Peter Yoars (right), Marjorie Pierce, and Marsha Winsryg serve potluck concoctions at the Congregational Church in West Tisbury. Many Island restaurants offer lower prices, two-for-one meals, and a variety of special deals during the ... |
Monday, January 23, 2012
BofA prices share offering - Charlotte Business Journal:
olimstgon.blogspot.com
per share. Investors in the bank’s perpetuall preferred stock can tender their shares before midnighton Wednesday. The offe is part of the bank’s effor t to raise $33.9 billion in capitalo that federal regulators say BofA needs afterthe government’s “stress test” of its ability to withstan d a deeper recession. The exchange doesn’y involve any preferred sharezs held by thefederalo government. Charlotte-based BofA (NYSE:BAC) has raised the majority of new capital it needsw tosatisfy regulators. In May, BofA sold $13.5 billionn in common stock. BofA also sold a 5.7 percenft stake in China Construction Bank to Asian investorz for a gainof $4.5 billion.
Thosew steps boosted BofA’s Tier 1 common capital by $1.8 billiohn by reducing a deferred tax asset In addition, BofA agreed to exchange $5.9 billionb in preferred shares for 436 milliobn shares of common The company has said it could raisd more money by selling assetds such as First Republic Bank, a San Francisco-based bank, and entering into joint ventures.
per share. Investors in the bank’s perpetuall preferred stock can tender their shares before midnighton Wednesday. The offe is part of the bank’s effor t to raise $33.9 billion in capitalo that federal regulators say BofA needs afterthe government’s “stress test” of its ability to withstan d a deeper recession. The exchange doesn’y involve any preferred sharezs held by thefederalo government. Charlotte-based BofA (NYSE:BAC) has raised the majority of new capital it needsw tosatisfy regulators. In May, BofA sold $13.5 billionn in common stock. BofA also sold a 5.7 percenft stake in China Construction Bank to Asian investorz for a gainof $4.5 billion.
Thosew steps boosted BofA’s Tier 1 common capital by $1.8 billiohn by reducing a deferred tax asset In addition, BofA agreed to exchange $5.9 billionb in preferred shares for 436 milliobn shares of common The company has said it could raisd more money by selling assetds such as First Republic Bank, a San Francisco-based bank, and entering into joint ventures.
Saturday, January 21, 2012
Browse We Recommend - Memphis Flyer
opexibu.wordpress.com
Memphis Flyer | Browse We Recommend Memphis Flyer “That's a tough style to play. It's like going to the dentist without novocaine.†Tiger coach Josh Pastner was grinning as he described his team's 13th win of the season Saturday afternoon, but the expression seemed more one of relief than joy. ... |
Thursday, January 19, 2012
Local former Chrysler, GM dealers look to sell used cars - Minneapolis / St. Paul Business Journal:
meaning-sarajevo.blogspot.com
Tony Wilkerson, executive directotr of the , said his organization has begunm to lend assistance to dealers lost in thebankruptcy “Our national organization has already sent letters to them to let them know abouty our organization and I plan to do the same thingv for our state,” Wilkerson said. “Thehy were in the used car businessanyway – but if you’re stuckj like many of them are, the overhead cost for a used car dealershipo is nothing compared to a franchise.” However, the expansiom of the local used car markey comes as prices are increasingt and the availability of late-model used cars is he said. But according to Morgah Murphy, president of motorpool.
com, the initial increase in pricex should be looked at as merelyha short-term hurdle. “At firstg glance, that would strike the communityt as bad but in thelong run, it’s good for resalr values,” Murphy said. When local consumers buy they will be able to demand more when they choose tosell it, he In fact, the higher resale values might actuallyu revive American car dealers in the “American manufacturing has been similar and just as good as Japanesde and Korean manufacturing, but the problem has been re-sale value and initiao prices,” Murphy said.
In the meantime, Birmingham dealerse affected can capitalize on the unique landscapd of the local market on the used car he said. Many are family-ownedr and have been staples in the communith formany decades. They are also encouraged by the fact that locall used car sales have seen an uptick amid the recessiom as buyers are more inclined to look for a bargain as a means tospend less. “Birminghamn has a long and distinguished history ofreputablr dealers,” Murphy said. “Don Drennen has been in busineswsince 1908. That’s 101 years of serving our so there’s a culture around businesses like that.
” Their long-standing historgy could make local buyers more inclinec to buy used cars from he said. Ward Drennen, president of Don Drennen Buick Chryslerand Jeep, said after learnint that his dealer agreement had been canceled with expanding his used car salez seemed like a real possibility. “Ww are going to expand our used cardepartmentds drastically,” said Drennen, who was left with more than $2 millio n in Chrysler parts and merchandise. “We want to offer a greayt value to peoplewho can’t afforx a new car.
” Although he hasn’tf stopped looking into becoming a franchiseer for other automotive manufacturers, he is open to the idea of makinv the switch to stay in “It is possible that we could become a used car superstore,” said Drennen, who also learnedc that GM will seek to cancel the dealershil agreement he has for his Buickl dealership. “We’ve been in Birmingham long enoug that our reputation can keepus
Tony Wilkerson, executive directotr of the , said his organization has begunm to lend assistance to dealers lost in thebankruptcy “Our national organization has already sent letters to them to let them know abouty our organization and I plan to do the same thingv for our state,” Wilkerson said. “Thehy were in the used car businessanyway – but if you’re stuckj like many of them are, the overhead cost for a used car dealershipo is nothing compared to a franchise.” However, the expansiom of the local used car markey comes as prices are increasingt and the availability of late-model used cars is he said. But according to Morgah Murphy, president of motorpool.
com, the initial increase in pricex should be looked at as merelyha short-term hurdle. “At firstg glance, that would strike the communityt as bad but in thelong run, it’s good for resalr values,” Murphy said. When local consumers buy they will be able to demand more when they choose tosell it, he In fact, the higher resale values might actuallyu revive American car dealers in the “American manufacturing has been similar and just as good as Japanesde and Korean manufacturing, but the problem has been re-sale value and initiao prices,” Murphy said.
In the meantime, Birmingham dealerse affected can capitalize on the unique landscapd of the local market on the used car he said. Many are family-ownedr and have been staples in the communith formany decades. They are also encouraged by the fact that locall used car sales have seen an uptick amid the recessiom as buyers are more inclined to look for a bargain as a means tospend less. “Birminghamn has a long and distinguished history ofreputablr dealers,” Murphy said. “Don Drennen has been in busineswsince 1908. That’s 101 years of serving our so there’s a culture around businesses like that.
” Their long-standing historgy could make local buyers more inclinec to buy used cars from he said. Ward Drennen, president of Don Drennen Buick Chryslerand Jeep, said after learnint that his dealer agreement had been canceled with expanding his used car salez seemed like a real possibility. “Ww are going to expand our used cardepartmentds drastically,” said Drennen, who was left with more than $2 millio n in Chrysler parts and merchandise. “We want to offer a greayt value to peoplewho can’t afforx a new car.
” Although he hasn’tf stopped looking into becoming a franchiseer for other automotive manufacturers, he is open to the idea of makinv the switch to stay in “It is possible that we could become a used car superstore,” said Drennen, who also learnedc that GM will seek to cancel the dealershil agreement he has for his Buickl dealership. “We’ve been in Birmingham long enoug that our reputation can keepus
Tuesday, January 17, 2012
Nuti: NCR to save millions with Georgia move - Atlanta Business Chronicle:
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was as much about consolidation and cost saving as it wasaboug Georgia’s $60 million incentive package, its demographics, infrastructur and skilled workforce. The relocation will save the Fortuns 500company “tens of millions of dollars” over the next NCR chief Bill Nuti told Atlanta Business Chronicle on NCR’s decision to locate in Georgia, will brinf more than 2,100 jobs including nearly 900 to a manufacturinbg operation in Columbus. That facility, will be NCR’sd first manufacturing plant in the United Statez sincethe 1970s. NCR is consolidatin g corporate jobs from not just but from severalothet U.S.
locations, Nuti said, declining to disclose the NCR will continue to employy less than 50in Dayton, wher it will maintain a data center and saleds and service operations. Atlanta’s academic institutions also helpesd win theNCR deal. The companuy views schools like as a potential labor pool and a partneer for joint innovation and The region’s relatively robustf economy, its supply chainn logistics infrastructure and corporate base, also helped win NCR “We looked at all of these factorsx and Georgia scored amongst the highest of all Nuti said. Atlanta also got a little help from the economicallydepresserd Midwest. “Recruitment has been difficult in Nuti said.
NCR’s move to the Southeast was also promptedfby consolidation. “At the end of the day we really were a company that was widely Nuti said. Since NCR’s 1997 spin-ofvf from AT&T, “the company was everywhere and The company needed to consolidatew into a single campus to improve collaboration and he said. NCR’s executive offices, will remain in Manhattan, Nuti “That center surrounds our largest and most major customers in the world in thebanking industry,” he said.
“That’ s where we host many of our customerw in the financialservices
was as much about consolidation and cost saving as it wasaboug Georgia’s $60 million incentive package, its demographics, infrastructur and skilled workforce. The relocation will save the Fortuns 500company “tens of millions of dollars” over the next NCR chief Bill Nuti told Atlanta Business Chronicle on NCR’s decision to locate in Georgia, will brinf more than 2,100 jobs including nearly 900 to a manufacturinbg operation in Columbus. That facility, will be NCR’sd first manufacturing plant in the United Statez sincethe 1970s. NCR is consolidatin g corporate jobs from not just but from severalothet U.S.
locations, Nuti said, declining to disclose the NCR will continue to employy less than 50in Dayton, wher it will maintain a data center and saleds and service operations. Atlanta’s academic institutions also helpesd win theNCR deal. The companuy views schools like as a potential labor pool and a partneer for joint innovation and The region’s relatively robustf economy, its supply chainn logistics infrastructure and corporate base, also helped win NCR “We looked at all of these factorsx and Georgia scored amongst the highest of all Nuti said. Atlanta also got a little help from the economicallydepresserd Midwest. “Recruitment has been difficult in Nuti said.
NCR’s move to the Southeast was also promptedfby consolidation. “At the end of the day we really were a company that was widely Nuti said. Since NCR’s 1997 spin-ofvf from AT&T, “the company was everywhere and The company needed to consolidatew into a single campus to improve collaboration and he said. NCR’s executive offices, will remain in Manhattan, Nuti “That center surrounds our largest and most major customers in the world in thebanking industry,” he said.
“That’ s where we host many of our customerw in the financialservices
Sunday, January 15, 2012
Is General Dynamics' Stock a Bargain by the Numbers? - DailyFinance
vykyvimote.wordpress.com
Is General Dynamics' Stock a Bargain by the Numbers? DailyFinance Let's see what those numbers can tell us about how expensive or cheap General Dynamics (NYS: GD) might be, including against competitors Boeing (NYS: BA) , Lockheed Martin (NYS: LMT) , and Northrop Grumman (NYS: NOC) . First, we'll look at most ... |
Friday, January 13, 2012
Fitness Store $500 New Year's Gift Card Sweepstakes - 11 Lucky Winners - The Open Press (press release)
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Fitness Store $500 New Year's Gift Card Sweepstakes - 11 Lucky Winners The Open Press (press release) Don't miss out log on to Facebook today. Like the WorkoutHealthy.com Facebook page. That is so simple a child can do it, but you can only win if you are 18 years old or older and you must be a US resident. Those are the rules. ... |
Tuesday, January 10, 2012
Jason Long - bizjournals:
ivyhofy.wordpress.com
Age: Hometown: Education: First job: Family: Married to Christy with three 10-year old Taylor, 8-yeafr old Peyton and 6-month-old What do you do: Oversee logistic operations for 220,000-square-foot warehouse whichy includes shipping, receiving, staffing and inventory control Like bestabout job: Like least about job: Pet peeve: Most importan t lesson learned: Person most interested in meeting: Most respected Career goals: First choice for a new career: Favorits quote: “However beautiful the strategy, you shoul d occasionally look at the — Winston Churchill Most influential To Kill a Mockingbird Favorite cause: Favorite status Favorite movie: Favorite restaurant: Favorite vacation Favorite way to spend free time: Favorite stress Favorite musicians: Automobile: What do you know ?
What are the most important measures third-partyu logistics companies can take to stay viablde during the recession? Companies that will survivs and thrive in this economyt are the ones that are willing to changwe for the long-term future. I think this recentf downturn forced companies to look hard at wherwe and why they spend monet and trim away anythintg that isnot essential. Efficiency is becominh the No. 1 thing companies are focusing on in all areazs from equipmentto people. If ever y company made it a priorityu towork smarter, profitws will follow.
Age: Hometown: Education: First job: Family: Married to Christy with three 10-year old Taylor, 8-yeafr old Peyton and 6-month-old What do you do: Oversee logistic operations for 220,000-square-foot warehouse whichy includes shipping, receiving, staffing and inventory control Like bestabout job: Like least about job: Pet peeve: Most importan t lesson learned: Person most interested in meeting: Most respected Career goals: First choice for a new career: Favorits quote: “However beautiful the strategy, you shoul d occasionally look at the — Winston Churchill Most influential To Kill a Mockingbird Favorite cause: Favorite status Favorite movie: Favorite restaurant: Favorite vacation Favorite way to spend free time: Favorite stress Favorite musicians: Automobile: What do you know ?
What are the most important measures third-partyu logistics companies can take to stay viablde during the recession? Companies that will survivs and thrive in this economyt are the ones that are willing to changwe for the long-term future. I think this recentf downturn forced companies to look hard at wherwe and why they spend monet and trim away anythintg that isnot essential. Efficiency is becominh the No. 1 thing companies are focusing on in all areazs from equipmentto people. If ever y company made it a priorityu towork smarter, profitws will follow.
Sunday, January 8, 2012
Applied Aerospace Structures lands cargo spacecraft deal - San Francisco Business Times:
stony-coating.blogspot.com
Stockton-based Applied will do the workfor ORB) of Dulles, Va., which got the originalo contract from NASA earlier this year. Orbitapl is spending $150 million on the demonstration project, and NASA is putting in $170 Applied Aerospace will build and test partd used in the Cygnus which is designed to move arounr once in orbit and ferry cargo to the space NASA hopes this new system will be readhy to go soon aftee space shuttles are retired in 2010. Orbital Sciences hopes to demonstrate its cargo delivery which will use a new Tauruds IIrocket (which Applied is also workinyg on), in the fourth quarter of 2010.
If NASA approvews the system, it could fly “several” missions in 2011 and up to eight a year in 2012and 2013. Applie d Aerospace Structures has about 240 workers and started businessin 1956. It used to be named Parsonse of California and started out making rotor bladesfor helicopters. Earlier this month, the company bough 10 acres to add to its existing14
Stockton-based Applied will do the workfor ORB) of Dulles, Va., which got the originalo contract from NASA earlier this year. Orbitapl is spending $150 million on the demonstration project, and NASA is putting in $170 Applied Aerospace will build and test partd used in the Cygnus which is designed to move arounr once in orbit and ferry cargo to the space NASA hopes this new system will be readhy to go soon aftee space shuttles are retired in 2010. Orbital Sciences hopes to demonstrate its cargo delivery which will use a new Tauruds IIrocket (which Applied is also workinyg on), in the fourth quarter of 2010.
If NASA approvews the system, it could fly “several” missions in 2011 and up to eight a year in 2012and 2013. Applie d Aerospace Structures has about 240 workers and started businessin 1956. It used to be named Parsonse of California and started out making rotor bladesfor helicopters. Earlier this month, the company bough 10 acres to add to its existing14
Friday, January 6, 2012
Bennet cites Colorado examples in Senate plea for health-care reform - San Francisco Business Times:
sunrise-invoices.blogspot.com
Coloradans, he said, "speaj for countless others acrossthe nation. All they ask for is a healtgh care system that work sfor them, a health care system that doesn’t crush them with unreasonablw cost increases, and a health care systek that doesn’t deny them coverage just because they have pre-existinvg conditions." Bennet, D- Colo., also touted his own proposals to make patienrt transition care more cost-effectivew and successful. "In Colorado, we haven’t waitesd on Washington," he said. "We’ve made real progreszs in showing how to provide high quality health care at alower cost.
" Bennet, formerly superintendenr of the Denver Public Schools, was appointede to the Senate by Gov. Bill Rittere to fill the seat vacaterd by Ken Salazar when Salazar was pickesd by President Barack Obama as secretaryg ofthe Interior. Here is the full text of Bennet's Senate-floorf speech as prepared for delivery Thursday, providee by his staff. In the speech, he is addressingh the president ofthe Senate. Mr. President, I rise today to discussz the urgent need for healthcare reform. The people of and the American people, have waited for too long for Washingtohto act. We should begin with a basicf principle: if you have coverage and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challengee of soaring health care costs and the lack of accessxto affordable, quality health care. The status quo is Every day, families in Colorado and acrosa America facerising premiums. Their plans offetr fewer benefits. They are denied coverage becauserof pre-existing conditions. And until we fix the healtg care system, we won’t be able to fix the fiscal mess in which wefind ourselves. Sincre 1970, the share of healthcare as a part of the GDP has gone from 7 percenft to17 percent.
The United Statew spends over $2 trillion in healtu care costs, including over $400 billion on Medicare President Obama has said that the biggest threat toour nation’sw balance sheet is the skyrocketinh cost of health And he’s right. In we haven’t waited on We’ve made real progress in showing how to provide high qualitty health care at alowerf cost. Last week, the New Yorker magazinre published an articleentitlecd “The Cost Conundrum” that highlights the importanf work that’s been done in Mesa Colorado. Over thirty years ago this communityserving 120,00o0 people came together—doctors, nurses, and the non-profit healt insurance company.
They agreed upon a system that paid doctors and nurseds for seeing patients and producing bettertquality care. They realized that problems and costw go down when care ismore patient-focused. In Mesa the city of Grand Junction implementedd an integrated health care system thatprovides follow-up care with This follow-up care has helped lowere hospital readmissions rates in Grand Junction to just 3 percent. Comparwe that to the 20 percentrate nationwide, and it is cleae that our community on the Western Slope of Colorado is onto something groundbreaking. High readmissionm rates are a huge problej forour seniors.
Nearly one in five Medicard patients who leave a hospitapl are readmitted within thefollowinv month, and more than three-quarters of these readmissions are Rehospitalization costs Medicare over $17 billion a year. It’s painfuo for patients and families to be caught up in thes cyclesof treatment. All too care is fragmented – you go from the doctor, to the to a nursing home, back to the hospital and then back to thedoctor again. Patientsa are given medication instructions as they are leavin gthe hospital, many times after coming off of strongg medications.
They don’t know whom to and they are not sure what to ask their primary care The solution, both our Denver and Mesa County health communities have is to provide patients leaving the hospital with a This coach is a trained health professionalk connecting home and the This coach teaches patients how to manage their healt h on their own.
Coloradans, he said, "speaj for countless others acrossthe nation. All they ask for is a healtgh care system that work sfor them, a health care system that doesn’t crush them with unreasonablw cost increases, and a health care systek that doesn’t deny them coverage just because they have pre-existinvg conditions." Bennet, D- Colo., also touted his own proposals to make patienrt transition care more cost-effectivew and successful. "In Colorado, we haven’t waitesd on Washington," he said. "We’ve made real progreszs in showing how to provide high quality health care at alower cost.
" Bennet, formerly superintendenr of the Denver Public Schools, was appointede to the Senate by Gov. Bill Rittere to fill the seat vacaterd by Ken Salazar when Salazar was pickesd by President Barack Obama as secretaryg ofthe Interior. Here is the full text of Bennet's Senate-floorf speech as prepared for delivery Thursday, providee by his staff. In the speech, he is addressingh the president ofthe Senate. Mr. President, I rise today to discussz the urgent need for healthcare reform. The people of and the American people, have waited for too long for Washingtohto act. We should begin with a basicf principle: if you have coverage and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challengee of soaring health care costs and the lack of accessxto affordable, quality health care. The status quo is Every day, families in Colorado and acrosa America facerising premiums. Their plans offetr fewer benefits. They are denied coverage becauserof pre-existing conditions. And until we fix the healtg care system, we won’t be able to fix the fiscal mess in which wefind ourselves. Sincre 1970, the share of healthcare as a part of the GDP has gone from 7 percenft to17 percent.
The United Statew spends over $2 trillion in healtu care costs, including over $400 billion on Medicare President Obama has said that the biggest threat toour nation’sw balance sheet is the skyrocketinh cost of health And he’s right. In we haven’t waited on We’ve made real progress in showing how to provide high qualitty health care at alowerf cost. Last week, the New Yorker magazinre published an articleentitlecd “The Cost Conundrum” that highlights the importanf work that’s been done in Mesa Colorado. Over thirty years ago this communityserving 120,00o0 people came together—doctors, nurses, and the non-profit healt insurance company.
They agreed upon a system that paid doctors and nurseds for seeing patients and producing bettertquality care. They realized that problems and costw go down when care ismore patient-focused. In Mesa the city of Grand Junction implementedd an integrated health care system thatprovides follow-up care with This follow-up care has helped lowere hospital readmissions rates in Grand Junction to just 3 percent. Comparwe that to the 20 percentrate nationwide, and it is cleae that our community on the Western Slope of Colorado is onto something groundbreaking. High readmissionm rates are a huge problej forour seniors.
Nearly one in five Medicard patients who leave a hospitapl are readmitted within thefollowinv month, and more than three-quarters of these readmissions are Rehospitalization costs Medicare over $17 billion a year. It’s painfuo for patients and families to be caught up in thes cyclesof treatment. All too care is fragmented – you go from the doctor, to the to a nursing home, back to the hospital and then back to thedoctor again. Patientsa are given medication instructions as they are leavin gthe hospital, many times after coming off of strongg medications.
They don’t know whom to and they are not sure what to ask their primary care The solution, both our Denver and Mesa County health communities have is to provide patients leaving the hospital with a This coach is a trained health professionalk connecting home and the This coach teaches patients how to manage their healt h on their own.
Wednesday, January 4, 2012
Scharf faced Denver
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Not only did Scharfc and his staff work endless hours to ensure that the convention center and hotels were prepared for the in but he also helped set historic tourismj numbers in the cityand state. A record 28 milliomn people visited Colorado in 2007, contributing $9.8 billionj — up 10 percent from 2006 — to the state’s according to a study commissioned bythe (DMCVB) and the Overnight visitors to Denver last year rose to 12.2 up 4 percent from 2006. They spent $2.6 billion, a 6 percen t increase over 2006. The number of overnight leisure traveler s jumped 5 percentto 9.
6 The state’s ski resorts are responsible for a big shares of visitors, capturing 20 percent of the skiinvg market nationwide. “So many of us have invested a greaf deal in the city to make it what it is Scharf said. “I think this year, we’vew come off a couple greatf banner yearsin We’ve established ourselves as a top 10 tourism destination.” And the DNC will help acceleratw that success, Scharf said. city officials, retailers and hospitality consultants across the state say the which drewroughly 50,000 into the city, will bring recorx tourism numbers in the yearsd to come.
“People had heard about and the DNC allowed us to be on the world Scharf said. “I have hearfd from our counterparts and representativea across the country that said Denverlooked great.” Schargf credits his staff for the bureau’s He was named president and CEO of the DMCVhB in 2004 and manages a staffg of 63 people, including tourism employees in Chicagoi and Washington, D.C. The bureau is a nonprofit and has morethan 1,000 private busines s members and an annuall budget of $15 million. Between boarsd meetings, traveling for work, and working with city and stat officials, Scharf keeps busy taking his two daughters, 9 and 12, to extracurriculatr activities.
“My life is filled with whereve my girls are swimming orplaying soccer,” he said. “They’re very There’s probably not a sport they’re not “My kids are the age where they like to and they like to bike alongh theSouth Platte,” Scharf said, while listinb the numerous activities he shares with his He takes them across the state, showing them the picturesquwe Rocky Mountains and small Western towns that he advertisezs to travel media across the world. Scharrf has climbed five of the state’sw 14er mountains, rafted down Colorado rivers and riddebn his mountain bike on trails acrossthe state.
“Fromk the Alamosa region to Buena Vista, I’j just always impressed with what this stater hasto offer,” he
Not only did Scharfc and his staff work endless hours to ensure that the convention center and hotels were prepared for the in but he also helped set historic tourismj numbers in the cityand state. A record 28 milliomn people visited Colorado in 2007, contributing $9.8 billionj — up 10 percent from 2006 — to the state’s according to a study commissioned bythe (DMCVB) and the Overnight visitors to Denver last year rose to 12.2 up 4 percent from 2006. They spent $2.6 billion, a 6 percen t increase over 2006. The number of overnight leisure traveler s jumped 5 percentto 9.
6 The state’s ski resorts are responsible for a big shares of visitors, capturing 20 percent of the skiinvg market nationwide. “So many of us have invested a greaf deal in the city to make it what it is Scharf said. “I think this year, we’vew come off a couple greatf banner yearsin We’ve established ourselves as a top 10 tourism destination.” And the DNC will help acceleratw that success, Scharf said. city officials, retailers and hospitality consultants across the state say the which drewroughly 50,000 into the city, will bring recorx tourism numbers in the yearsd to come.
“People had heard about and the DNC allowed us to be on the world Scharf said. “I have hearfd from our counterparts and representativea across the country that said Denverlooked great.” Schargf credits his staff for the bureau’s He was named president and CEO of the DMCVhB in 2004 and manages a staffg of 63 people, including tourism employees in Chicagoi and Washington, D.C. The bureau is a nonprofit and has morethan 1,000 private busines s members and an annuall budget of $15 million. Between boarsd meetings, traveling for work, and working with city and stat officials, Scharf keeps busy taking his two daughters, 9 and 12, to extracurriculatr activities.
“My life is filled with whereve my girls are swimming orplaying soccer,” he said. “They’re very There’s probably not a sport they’re not “My kids are the age where they like to and they like to bike alongh theSouth Platte,” Scharf said, while listinb the numerous activities he shares with his He takes them across the state, showing them the picturesquwe Rocky Mountains and small Western towns that he advertisezs to travel media across the world. Scharrf has climbed five of the state’sw 14er mountains, rafted down Colorado rivers and riddebn his mountain bike on trails acrossthe state.
“Fromk the Alamosa region to Buena Vista, I’j just always impressed with what this stater hasto offer,” he
Monday, January 2, 2012
GE, Rolls-Royce prepare F136 engine for flight testing - Business Courier of Cincinnati:
batyushkinuxit.blogspot.com
The companies said Wednesday that it is beginnint its flight clearancecertification review, a process that will prepare the F136 for flightf testing. It expects that, following the engine will be tested onan F-35 Lightning aircrafgt in early 2011. The F136 is intended to be an alternativr engine forthe F-35 Jointt Strike Fighter, an aircraft that’s expected to servw as a mainstay for U.S. armedx forces and those of numerous allies for Multiple variations ofthe F-35 are beinfg developed by . is building the primary F-35 engine, with whichu the GE-Rolls-Royce engine would compete for orders, under contracy with the Pentagon.
In early May, the Pentagon cut fundingv forthe GE-Rolls engine – the fourth time it has done so. In each Congress has restored funding forthe project. GE and Rolls-Roycd said their version of the engine will be readhy for salein 2012. Evendale-based GE Aviation is a unit of Co. GE).
The companies said Wednesday that it is beginnint its flight clearancecertification review, a process that will prepare the F136 for flightf testing. It expects that, following the engine will be tested onan F-35 Lightning aircrafgt in early 2011. The F136 is intended to be an alternativr engine forthe F-35 Jointt Strike Fighter, an aircraft that’s expected to servw as a mainstay for U.S. armedx forces and those of numerous allies for Multiple variations ofthe F-35 are beinfg developed by . is building the primary F-35 engine, with whichu the GE-Rolls-Royce engine would compete for orders, under contracy with the Pentagon.
In early May, the Pentagon cut fundingv forthe GE-Rolls engine – the fourth time it has done so. In each Congress has restored funding forthe project. GE and Rolls-Roycd said their version of the engine will be readhy for salein 2012. Evendale-based GE Aviation is a unit of Co. GE).
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