Stimulus, Economic
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The US Geological Survey will use Recovery Act funding to improve its ability to monitor volcanoes and to predict their eruptions. Some of the funds will be used to modernize instrumentation and information systems to state-of-the-art, providing the necessary tools to communicate hazard information quickly to those who need it. The United States and its territories contain 169 volcanoes considered capable of erupting. One, Kilauea in Hawaii, has been erupting continuously for the past 26 years, at times inundating residential areas with lava and at other times requiring national park closures due to explosions and toxic gas. Another, Redoubt Volcano in Alaska, shot ash clouds to heights of more than 50,000 feet several times this year. The three-month long eruption appears to have paused and may have ended, but not before severely disrupting aviation operations, repeatedly dusting Alaskan communities with ash, and forcing an oil storage facility to suspend operations. Photo shows Mt Redoubt eruption. "These stimulus funds will not only create or preserve jobs, but also could very well preserve lives," said Secretary Salazar. "The funds help protect both people on the ground as well as airline passengers flying over the eruption-prone regions. At the same time that the funds are helping public safety, they are also spurring scientific innovation with economic benefits."Volcano Monitoring to Benefit from Stimulus Funds RELATED ARTICLES The US Geological Survey will use Recovery Act funding to improve its ability to monitor volcanoes and to predict their eruptions. Some of the funds will be used to modernize instrumentation and information systems to ...
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2 days ago
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Efforts Lag at Making Highway Work Zones Safer - NYTimes.comEfforts Lag to Improve Safety at Work Zones By the time Bryan Lee headed to work along Highway 51 in Texas on Sept. 15, 2005, the road-building industry and its government overseers were painfully aware of a deadly, though easily corrected, construction hazard: pavement-edge drop-offs. ...
Geoffrey Ames
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9 days ago
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SEC Just Now Seeking Key Information On Meltdown : NPRSEC Just Now Seeking Key Information On Meltdown A A December 16, 2009 Almost three years since banks started taking losses that led to the worst financial crisis since the Great Depression, the Securities and Exchange Commission is still asking basic questions about what happened. The ...
Geoffrey Ames
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2 weeks ago
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Poll Reveals Havoc of Unemployment on Workers and Family - NYTimes.comPoll Reveals Trauma of Joblessness in U.S. More than half of the nation’s unemployed workers have borrowed money from friends or relatives since losing their jobs. An equal number have cut back on doctor visits or medical treatments because they are out of work. Almost half have suffered ...
Geoffrey Ames
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2 weeks ago
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When officials reject stimulus, sparks fly - More politics- msnbc.comThe American Recovery and Reinvestment Act was supposed to create jobs by the millions, but Debra Morgan of North Platte, Neb., says it got her fired. Morgan, a 17-year employee and former executive director of North Platte’s housing authority, contends she’s a victim of small-town politics. ...
Geoffrey Ames
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2 weeks ago
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Senate GOP Denied On Spending Filibuster Attempt : NPRSenate GOP Denied On Spending Filibuster Attempt A A December 12, 2009 The Democratic-controlled Senate on Saturday cleared away a Republican filibuster of a huge end-of-year spending bill that rewards most federal agencies with generous budget boosts. The $1.1 trillion measure combines ...
Geoffrey Ames
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2 weeks ago
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Fed Needs To 'Start Giving A Red Hot Damn About The American Public,' Says Sen. WhitehouseTwo days before Ben Bernanke's confirmation hearing, most Democrats on the Senate Banking Committee are withholding judgment, waiting to hear directly from the chairman of the Federal Reserve. Given the depth of the ongoing economic crisis, the hearing promises to be a lively one, as senators ...
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4 weeks ago
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Les Leopold: Stimulus versus Deficit Reduction? Wrong Debate"With food stamp use at record highs and climbing every month, a program once scorned as a failed welfare scheme now helps feed one in eight Americans and one in four children." New York Times November 29, 2009 Hunger is returning to a nation that has been blessed with everything. Shame on us. ...
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4 weeks ago
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Leo W. Gerard: Gone with the Wind: Blowing U.S. Tax Dollars Off ShoreIt turns out a Texas windmill farm developer's request last month for nearly half a billion dollars in stimulus funds to create 2,000 jobs in China doesn't rank first on the audacity scale. Shockingly for American taxpayers, and sadly for the staggering 10.2 percent of Americans who are ...
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4 weeks ago
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Robert Kuttner: Recovery And Debt: Squaring The CirclePresident Obama seemingly has two entirely incompatible tasks. One is to move the economy on a path toward faster recovery with increased stimulus spending. The other is to address the problem of rising deficits and the escalating long term public debt. On paper, the stimulus, at $787 billion, ...
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4 weeks ago