Saturday, October 30, 2010

Weakening federal support for programs could sink NM jobs - Houston Business Journal:

http://idata3.com/changesiDataLite.html
High-tech military systems such as the Airbornr Laser Program andthe U.S. Army’s Future Combat Systems might bein jeopardy, raisingv concern among New Mexico’s congressional delegation and local U.S. Rep. Martin Heinrich, sent a joint letter with six otherf House members to Defense Secretary Robert Gates on March 23 to suppory more funding for the laser an advanced missile defense system under developmenty in New Mexico and Californiasince 1994. “We have a couplse of hundred jobs directly connected to that Heinrich told theBusiness “Those are high-tech jobs that will scatter to the windss if the program is U.S. Rep.
Harry Teague, D-NM, also expressedd concern aboutthe FCS, which directly and indirectly supports thousandsz of local jobs. “I wholeheartedly supportg continuing to fully fund the future combat systemse integration work being done at Whiter Sands Missile Rangeand Ft. Bliss,” Teague wrots in an e-mail. “As we move forwarsd with the budget process, I will work to ensure that these jobsare protected.” Beyond jobs, both congressmen support the defense systems themselves. Launchee in 2003, the FCS represents a $160 billion efforf by the Army to develop an ultramoderh system forcombat brigades.
It uses smart-wirefd ground and air vehicles, both manned and unmanned, to providee real-time intelligence to troops. The Airbornee Laser is a high-powered defense syste mounted on a modified Boeing 747 to destrog ballistic missilesat takeoff. Aftefr 15 years and $5 billion in researcyh and development, the laser will face the critical test of shootinbg down a missile in flight this Heinrich said funding decisions should awaitthat test.
“That’s when the rubber meetas the road,” Heinrich But the Airborne Laser, the FCS and other defense programsx are being eyed by Pentagonj officials and some congressmen to scale back spending on systemse that are years behind and billions of dollaraover budget. A recenty review by the Government Accountabilituy Office said many FCS technologies are still immature and pronee tocost increases.
Another report said the MissilDefense Agency, which heads the Airbornd Laser program, spent almost $56 billion on defense system s just since 2002, and it coulf spend $50 billion more in the next five As a result, those programse are now vulnerable, said Shaun McDougall, a military analysgt with . “Lawmakers are definitely being more cautioua now than inthe past,” McDougall “They won’t be as quick to green light huge spending.” Retired Lt. Gen. Mike president of the Virginia-based Air Forcwe Association, said missile defense faces anuphill battle.
“Mant in Congress don’t believe missilde defense is where we should be puttinbour money,” Dunn said. “Theyu look at cuts there as a bill payere forother programs.” That’s bad news for New , the prime contractor for the Airbornre Laser, employs 450 people here about 350 of them in laser-related work and it annually spends up to $150 milliohn on the procurement of goodsz and services. The FCS, meanwhile, relies on the Whit Sands Missile Range and Fort Bliss in El Paso as key test sitex for all new generating a lot ofeconomic activity, said Christopher a economics professor. “Every dollar in military R&D generates between $1.70 to $1.
80 in locakl economic activity,” Erickson said. “Doña Ana Countu has been buffered from the recession largelyt because of expanded military spending underthe FCS.” about $59 million in FCS funding will go to nine localk suppliers this year, supporting almost 1,200 jobs, accordingb to Boeing, one of the lead contractors. Amongb others, Albuquerque engineering firm could be affected by cutbacks to eithert the Airborne Laser orthe FCS. ATA providedf about $10 million in opticw engineering for the laseer in thepast decade.
Last March, it won a five-year, $110 millionb contract with two partners for support servicess for testing operations at White said President and CEOAnthony “Cutbacks in either program are not good news from our Tenorio said. For now, defense analysts are awaiting Pentagonbudgety proposals, which should reach Congress in earlyh May, McDougall said. “When the numbers starr rolling in, debate will intensify,” McDougall said. “We’re all waiting for the details.

Friday, October 29, 2010

Supports Stewart Iverson for Iowa House - Daily Freeman Journal

http://www.wormdigest.org/content/view/296/2/


Supports Stewart Iverson for Iowa House

Daily Freeman Journal


Simply, McKinley Bailey and Stew Iverson have honorably served this country and both stand on strong principles, morals and are respectful of others. ...



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Wednesday, October 27, 2010

General Motors files Chapter 11 - Pacific Business News (Honolulu):

xiwyxucupewox.blogspot.com
once the world’s biggest auto maker, protection earlyt Monday, under which the U.S. government will become GM’s larges t shareholder. The filing, made in U.S. Bankruptc Court in Manhattan, markas the largest ever filing of its kind fora U.S. It follows months of speculation thatthe 101-year-olxd company would have to restructure throughb the courts, despite desperate attempts by managemen to avoid the move. As it turned out, though, the bankruptcy filing was the only way GM could get its handa on the government money it needsto survive. In its GM listed $82.3 billion in assets and $172.8 billion in debts.
reports that the company's largest creditors were Wilmingto nTrust Company, representing bondholders holding $22.8 billionj in debts, and UAW affiliateas representing $20.6 billion in employee The U.S. government has already injected $20 billion into GM, and will providwe another $30 billion to keep the companh going as it worksthrough bankruptcy. The investment will buy the governmenta 72.5 percent stake. That will give government officials more powe to name members of theGM board. Officialsz have said they don’t want to get involved in the dailg operations ofthe company. But that may provr to be quite a challenge with as much government moneu asis involved.
"It's not forever," Bruces Belzowski, associate director of the Automotive Analysis Divisioj at the University of Michigan TransportatiomResearch Institute, told bizjournals in a telephones interview. "If they had a it would be a short period of The longer that it stretches out the more of a politicalp liabilityit becomes.” Still, it coulds take more than a year beforre G.M.
emerges once more as a publicly traded While most public attention is focusedon GM, the automaker'es many suppliers are certain to be affected Obams administration and GM officials have said they want a much more competitive GM to emerge from the bankruptcy within 60 to 90 GM plans to sell or close such brandzs as Saturn, Saab, Hummer, and and will shed 2,600 dealerships. The company will closre 11 U.S. manufacturing facilities by the endof 2010. Plantzs throughout GM's system will be idlefd as thecompany downsizes. The that GM said will be closedc and their dates includee two assemblyplants - Mich. (October 2009), and Wilmington, Del.
(July three stamping plants — includingb the previously announced closing in June ofGraned Rapids, Mich., Indianapolis, Ind. (Decembefr 2011), and Mansfield, Ohio (June Powertrain facilities in Livonia, Flint and as well as Parma, Ohio, and Va. are also on the closurw list, reports. To accomplish the leaner GM, the company will be split into a new GM and anold GM. The new GM will be ownesd by the U.S.
and Canadian governments, the Union, and curren t bond holders in the

Tuesday, October 26, 2010

Review: Star Wars: The Force Unleashed II - Kotaku.com

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Review: Star Wars: The Force Unleashed II

Kotaku.com


Star Wars: The Force Unleashed II drops us back in control of Darth Vader's disobedient apprentice Starkiller as he searches for his love, the rebellion and ...


Star Wars: The Force Unleashed 2 Has Hit Retailers

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Star Wars: The Force Unleashed 2

GamePro.com


THE FORCE UNLEASHED II Producer Says They "Don't Let Up!"

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PSX Extreme -Computerandvideogames.com


 »

Monday, October 25, 2010

Feds charge 10 in $3M Kansas City-area mortgage-fraud scheme - Kansas City Business Journal:

http://chrisharcum.com/past.htm
The indictment, announced in a Thursday release, describesd a scheme in which straw buyers boughyt homes with bogusloan applications. The house s in question were in Olathe, Kansas City and Lee’sz Summit. The indictment is in federal courgin Kansas. Anthony Carollo, a manager of Gourmet Grocerx inKansas City, allegedly had straw buyersw list his business as their employer and forwardexd fraudulent employment verification forms to Others charged in the indictmengt are Eric Rabicoff, 26, of Hutchinson; Jason 33, of Overland Park; Deborah Saulmon, 50, of Olathe; Lucasa Collier, 27, of Basehor; Bora Ly, 27, of Anthony Painton, 29, of Kansas City; Kong Ly, 29, of Kansase City; Rebecca Gelwix, 24, of West Des Iowa; and Richard Ngek, 25, of Lee’s The charges in the indictmenft carry prison terms ranging from five to 30 years.

Saturday, October 23, 2010

SunTrust Banks, Inc. Company Profile | STI Company Information

http://www.youtube-armenian.com/buy-cheap-software/
SunTrust Banks, Inc., with totalp assets of $179.1 billion on March 31, is one of the nation

Friday, October 22, 2010

Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - Memphis Business Journal:

http://www.conyersschoolofballet.com/store2/kunnan-te-combo-copyx1x.html
billion in revenue in 2008. GM had promised to buy back $33 millio n in vehicles from Enterprise as part of a repurchaseagreement that'w similar to a lease, said Christy a spokeswoman for Enterprise. "We have a good workin g relationship with GM and have received assurances that the manufacturer will honorrthe agreement," she said. GM also owes Maritz Inc. in Fentoj more than $25.6 million, according to the GM hiree Maritz to perform customer satisfaction research and as well as training for dealers to boostcustometr satisfaction. Maritz also provides evenr and incentive programsfor GM.
"Maritx leadership has been in close contact with GM throughout its reorganizationmplanning process," said Beth Rusert, a spokeswomanb for Maritz. "We believe the relationship will Maritz also performs workfor , whichn in April. Maritz continues to receivwe paymentsfrom Chrysler, Rusert said. Maritz, a family-ownes sales and marketing services companyin Fenton, reportefd $1.49 billion in revenue in 2008. GM, whic makes Chevrolet Express and GMC Savana vans in listed $173 billion in liabilitiese and $82 billion in assetsx in its bankruptcy filing.