Unprecedented security for next month's APEC conference has some in Waikiki ... Washington Post HONOLULU รข€" John Aiwohi relishes playing volleyball on the white sands of world-famous Waikiki Beach every day. But the Honolulu resident and others will be banned from a half-mile stretch of the beach in mid-November, when President Barack Obama hosts ... |
Sunday, October 30, 2011
Unprecedented security for next month's APEC conference has some in Waikiki ... - Washington Post
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Thursday, October 27, 2011
Study shows San Antonio is nation's best-performing city in recession - Puget Sound Business Journal (Seattle):
uvepexatawus.blogspot.com
The Washington, D.C.-based think tank has beguj analyzing the impact of the recessionthroughourt America’s metropolitan areas. In the first of a seriees of quarterlyMetroMonitor reports, Brookings ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metroo areas in the country in economidc performance in the wake of the Brookings ranked the top 100 metropolitan areas bases on six key indicators — employment, unemploymenty rates, wages, gross metropolitan product, housing prices and foreclosurde rates. This initial MetroMonitor report covers the first quartetrof 2009.
The five worst metropolitanb areas in the country impacted by the indescending order, are Jacksonville, Lakeland, Fla.; Tampa, Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effects of this but the distress is not shared equally,” says Alan Berube, research director of the Metropolitahn Policy Program at Brookings and co-author of the “While some areas of the countrt have experienced only a shallow downturn, and may be emerginy from the recession already, people living in metro areas that are now performiny weakest economically should prepare themselves for a long recoveryh period.
” Howard Wial, director of the Metropolitab Economy Initiative at Brookings and another co-authort of the report, argues that the reporty shows that a nationap fiscal and monetary policy will not be enough for stimulatingt the economy. “Many areas will need targeted and since states have nofunds available, the federall government will have to step up to fill the Concentrations of industry activity have both helpexd and hurts some regional economies during the For example, metropolitan areas in states with specializationzs in energy and government employment — such as Texas, New Mexico, Arkansas and Louisiana — have largelyy been insulated by the recession.
However, metropolitan areas in states like Michigan and Ohio that depend heavily on the automotive industryt have been impacted by the downturn in the thereport shows. San Antonio is home to Randolpbh AirForce Base, Fort Sam Lackland Air Force Base and Brooks City-Base. The 2005 Base Realignmenrt and Closure decision alone is providing a significanr economic punch to theAlamo City’s economty through the consolidation of high-paying military healtg care jobs and more than $2 billion worth of new construction activity.
A separate report released by LLC outlining the impacgt of BRAC showed that Fort Sam Houstohn alone would experiencea 11,500 increase of The Army post will also gain 7.9 million squars feet of space. Construction activity due to BRAC alone shouldscreate 46,000 construction jobs durinh the course of the building programs, the DiLuziko report showed.
The Washington, D.C.-based think tank has beguj analyzing the impact of the recessionthroughourt America’s metropolitan areas. In the first of a seriees of quarterlyMetroMonitor reports, Brookings ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metroo areas in the country in economidc performance in the wake of the Brookings ranked the top 100 metropolitan areas bases on six key indicators — employment, unemploymenty rates, wages, gross metropolitan product, housing prices and foreclosurde rates. This initial MetroMonitor report covers the first quartetrof 2009.
The five worst metropolitanb areas in the country impacted by the indescending order, are Jacksonville, Lakeland, Fla.; Tampa, Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effects of this but the distress is not shared equally,” says Alan Berube, research director of the Metropolitahn Policy Program at Brookings and co-author of the “While some areas of the countrt have experienced only a shallow downturn, and may be emerginy from the recession already, people living in metro areas that are now performiny weakest economically should prepare themselves for a long recoveryh period.
” Howard Wial, director of the Metropolitab Economy Initiative at Brookings and another co-authort of the report, argues that the reporty shows that a nationap fiscal and monetary policy will not be enough for stimulatingt the economy. “Many areas will need targeted and since states have nofunds available, the federall government will have to step up to fill the Concentrations of industry activity have both helpexd and hurts some regional economies during the For example, metropolitan areas in states with specializationzs in energy and government employment — such as Texas, New Mexico, Arkansas and Louisiana — have largelyy been insulated by the recession.
However, metropolitan areas in states like Michigan and Ohio that depend heavily on the automotive industryt have been impacted by the downturn in the thereport shows. San Antonio is home to Randolpbh AirForce Base, Fort Sam Lackland Air Force Base and Brooks City-Base. The 2005 Base Realignmenrt and Closure decision alone is providing a significanr economic punch to theAlamo City’s economty through the consolidation of high-paying military healtg care jobs and more than $2 billion worth of new construction activity.
A separate report released by LLC outlining the impacgt of BRAC showed that Fort Sam Houstohn alone would experiencea 11,500 increase of The Army post will also gain 7.9 million squars feet of space. Construction activity due to BRAC alone shouldscreate 46,000 construction jobs durinh the course of the building programs, the DiLuziko report showed.
Tuesday, October 25, 2011
Drug industry tech startup adds to ATI bioscience lineup - Austin Business Journal:
borislavamcoc.blogspot.com
Savara Inc., founded last year based on technologyg developed at the Universityof Kansas, moved to the Austinh Technology Incubator five months after Austi entrepreneur Rob Neville was named the company’s chairman and CEO. Neville previously was founder and CEO ofanotherf ATI-based company, Evity Inc. That startup was acquired in 2000by Houston-basesd BMC Software Inc. for $100 million aboutg a year after it was Although Savara operates in a different technology sectordthan Evity, which developed a Web-based applicatiobn that enables customers to measure their transaction performances, Neville expects to mirrorr the success of his previous compan y — with help from ATI.
“I think business is he says. “You have to surround yourself with the right team withdomain expertise.” Savara’s pulmonary — or via the lungse — drug delivery product, initially developed in 2004, is basee on nanotechnology and dry powders rather than conventional propellants. It plansz to offer its platform to drug makersa seeking alternative delivery methods and to develop its own While pulmonary drug delivery is readily accepte for treating lung problems suchas asthma, the approachy has not been embraced for more generalk treatments, says Scott Henry, head of pharmaceutical research for Roth Capitalo Partners LLC, a California-based investmen bank.
Drug giant Pfizer Inc. PFE) stopped selling an inhaled insulin treatmenyt for diabetes last year aftefr concerns about its effectiveness were raised during a botched product But citing a reporg by research firmKaloramq Information, Neville says pulmonarty drug delivery is the fastest-growing approach, reachinb $25.5 billion in 2006. In Savara garnered an undisclosed amount of series A financinf from a syndicate of 12angel investors, most based in Neville says. Likewise, he declined to disclosre the amount of seed capital invested by Savaraa founders Cory Berkland andGeorgw Lawrence. During 2007, Austin area life sciencesx companiesattracted $195.1 million in venture capital.
This such investment declinedto $8.75 million through the third according to Dow Jones VentureSource.
Savara Inc., founded last year based on technologyg developed at the Universityof Kansas, moved to the Austinh Technology Incubator five months after Austi entrepreneur Rob Neville was named the company’s chairman and CEO. Neville previously was founder and CEO ofanotherf ATI-based company, Evity Inc. That startup was acquired in 2000by Houston-basesd BMC Software Inc. for $100 million aboutg a year after it was Although Savara operates in a different technology sectordthan Evity, which developed a Web-based applicatiobn that enables customers to measure their transaction performances, Neville expects to mirrorr the success of his previous compan y — with help from ATI.
“I think business is he says. “You have to surround yourself with the right team withdomain expertise.” Savara’s pulmonary — or via the lungse — drug delivery product, initially developed in 2004, is basee on nanotechnology and dry powders rather than conventional propellants. It plansz to offer its platform to drug makersa seeking alternative delivery methods and to develop its own While pulmonary drug delivery is readily accepte for treating lung problems suchas asthma, the approachy has not been embraced for more generalk treatments, says Scott Henry, head of pharmaceutical research for Roth Capitalo Partners LLC, a California-based investmen bank.
Drug giant Pfizer Inc. PFE) stopped selling an inhaled insulin treatmenyt for diabetes last year aftefr concerns about its effectiveness were raised during a botched product But citing a reporg by research firmKaloramq Information, Neville says pulmonarty drug delivery is the fastest-growing approach, reachinb $25.5 billion in 2006. In Savara garnered an undisclosed amount of series A financinf from a syndicate of 12angel investors, most based in Neville says. Likewise, he declined to disclosre the amount of seed capital invested by Savaraa founders Cory Berkland andGeorgw Lawrence. During 2007, Austin area life sciencesx companiesattracted $195.1 million in venture capital.
This such investment declinedto $8.75 million through the third according to Dow Jones VentureSource.
Sunday, October 23, 2011
Photographers Give Families Reason to Smile - KTVZ
ocybakenos.wordpress.com
Photographers Give Families Reason to Smile KTVZ The Kubotas and their crew of trusty volunteers invite photographers from all over the Pacific Northwest and locally to come take pictures of families in need, for free. By reaching out to local agencies who help needy families, they are able to find ... |
Friday, October 21, 2011
Business First of Buffalo: Nomination
vilyfijohy.wordpress.com
Award winners will be announced at an awardw programin October. An independent panel will select winners based on information provided by nominees to questionx provided onnomination form, including a 500-wore narrative and any supportingf documents. Deadline: August 7, 2009 Publixc Co. CFO Large Private Co. CFO (200 revenue above $50 million) Small to Medium Privatee Co. CFO (2008 revenue below $50 *Why should this person be considered for CFO of theYear ? *How has nominee contributed to company'ss growth? *How has nominee contributed in other area's of corporatr management? *How has nominee contributed outside the company (social, non-profit, communitty service)?
Award winners will be announced at an awardw programin October. An independent panel will select winners based on information provided by nominees to questionx provided onnomination form, including a 500-wore narrative and any supportingf documents. Deadline: August 7, 2009 Publixc Co. CFO Large Private Co. CFO (200 revenue above $50 million) Small to Medium Privatee Co. CFO (2008 revenue below $50 *Why should this person be considered for CFO of theYear ? *How has nominee contributed to company'ss growth? *How has nominee contributed in other area's of corporatr management? *How has nominee contributed outside the company (social, non-profit, communitty service)?
Monday, October 17, 2011
comparethemarket.com Extends Popular Rewards Scheme to Motorbike and Life ... - MarketWatch (press release)
cicugaha.wordpress.com
comparethemarket.com Extends Popular Rewards Scheme to Motorbike and Life ... MarketWatch (press release) LONDON, October 17, 2011 /PRNewswire via COMTEX/ -- One of the UK's leading price comparison sites comparethemarket.com has launched the latest in a series of TV adverts promoting its Simples Rewards Scheme. The scheme, which offers customers a free ... |
Friday, October 14, 2011
Obama: Public plan would
edibin.wordpress.com
If insurance companies do provider good insurance totheir customers, then they shoulcd have nothing to fear from a government-run competitor, he “They should be able to compete,” he If the public plan is able to reduce administrativew costs significantly, private insurers shoulcd take note and see if they can do the “There shouldn’t be any objection to Obama said. The public plan shouldx be required tocollect premiums, not be “simpl eating off the taxpayer he added.
Health insurers and many business groupd contend a public plan would have an unfair advantager becauseit wouldn’t be subject to all the rules imposed on private insurere and likely would pay healtyh providers less for their services. This could crowd out many private insurers and lead providers to charge private insurers more to make up for the lost income from thepublic plan, they contend. When askes whether including a public plan in healtnh care reformwas non-negotiable, the president said, “We are stilp early in this process.
“We have not drawn a line in the other than reform has to control and it has to provide relied to peoplewho don’t have health insurance or are underinsured.” Obama also was askedx what he thought about the performanced of Federal Reserve Chairman Ben Bernanke, given the fact his financiapl regulatory reform plan proposes expanding the Fed’zs authority. “I think he has done a very good job undefr verydifficult circumstances,” Obama All regulators fell short of doing what was needexd to prevent the financial crisis, but the Fed “probablyu performed better than he said.
Since the financial crisie erupted, Bernanke has “performed very well,” Obamas said.
If insurance companies do provider good insurance totheir customers, then they shoulcd have nothing to fear from a government-run competitor, he “They should be able to compete,” he If the public plan is able to reduce administrativew costs significantly, private insurers shoulcd take note and see if they can do the “There shouldn’t be any objection to Obama said. The public plan shouldx be required tocollect premiums, not be “simpl eating off the taxpayer he added.
Health insurers and many business groupd contend a public plan would have an unfair advantager becauseit wouldn’t be subject to all the rules imposed on private insurere and likely would pay healtyh providers less for their services. This could crowd out many private insurers and lead providers to charge private insurers more to make up for the lost income from thepublic plan, they contend. When askes whether including a public plan in healtnh care reformwas non-negotiable, the president said, “We are stilp early in this process.
“We have not drawn a line in the other than reform has to control and it has to provide relied to peoplewho don’t have health insurance or are underinsured.” Obama also was askedx what he thought about the performanced of Federal Reserve Chairman Ben Bernanke, given the fact his financiapl regulatory reform plan proposes expanding the Fed’zs authority. “I think he has done a very good job undefr verydifficult circumstances,” Obama All regulators fell short of doing what was needexd to prevent the financial crisis, but the Fed “probablyu performed better than he said.
Since the financial crisie erupted, Bernanke has “performed very well,” Obamas said.
Wednesday, October 12, 2011
Sealy council OKs budget with 4-3 vote - Sealy News
xagawu.wordpress.com
Sealy council OKs budget with 4-3 vote Sealy News Just what kind of pay increase that will be was at the heart of the split vote, with councilmen Steve Wilson and Rick Fogle, Mayor Nick Tirey and councilwoman Yvonne Johnson approving the budget and councilmen Harold Hradil, Larry Koy and Mark ... |
Monday, October 10, 2011
Jamieson out as UH TIM school dean - Pacific Business News (Honolulu):
xiwyxucupewox.blogspot.com
Juanita Liu, a professor at the TIM School, becamd interim director Nov. 1 for a one-year She will be paid a salaryhof $159,000, according to a UH Boards of Regents meeting agenda. Jamieson’s most recent salary on file was $217,272. Jamieson's five-year contract at the TIM Schookl expired at the endof July, afterr which he says he stepped down. "I neved had the intention of taking on another five Jamieson said inan e-mail to PBN. He told PBN on Frida he is now working on special projectse in the office of the vice chancellor for academic affaires on theManoa campus. He was hiresd as dean of the TIM schoolin 2003, succeedinhg longtime dean Chuck Gee, who retired.
Jamieson had been the lead behincthe school’s efforts to open an undergraduate campus on Singapore’s Sentosa Island, which wouls be UH’s first international stand-alone campus. Jamieson helped securer an $800,000 grant from the Singapore governmenty forthe school’s firstr three years of operation. The Singapore campuz is on track to starg offering classesnext summer. Jamiesonj also pushed for settin g up a doctorate degree program in traveplindustry management, which could launch next fall. Before joininy UH, Jamieson, a native of previously was vice chair of the Universithof Calgary’s tourism education and research center.
He also was a professor of planning atthe university.
Juanita Liu, a professor at the TIM School, becamd interim director Nov. 1 for a one-year She will be paid a salaryhof $159,000, according to a UH Boards of Regents meeting agenda. Jamieson’s most recent salary on file was $217,272. Jamieson's five-year contract at the TIM Schookl expired at the endof July, afterr which he says he stepped down. "I neved had the intention of taking on another five Jamieson said inan e-mail to PBN. He told PBN on Frida he is now working on special projectse in the office of the vice chancellor for academic affaires on theManoa campus. He was hiresd as dean of the TIM schoolin 2003, succeedinhg longtime dean Chuck Gee, who retired.
Jamieson had been the lead behincthe school’s efforts to open an undergraduate campus on Singapore’s Sentosa Island, which wouls be UH’s first international stand-alone campus. Jamieson helped securer an $800,000 grant from the Singapore governmenty forthe school’s firstr three years of operation. The Singapore campuz is on track to starg offering classesnext summer. Jamiesonj also pushed for settin g up a doctorate degree program in traveplindustry management, which could launch next fall. Before joininy UH, Jamieson, a native of previously was vice chair of the Universithof Calgary’s tourism education and research center.
He also was a professor of planning atthe university.
Saturday, October 8, 2011
Contractor seeks $1.6M from developer - Tampa Bay Business Journal:
http://mymovierankings.com/the-last-king-of-scotland-2006
million-square-foot shopping center. Tampa-based LLC has fileds a foreclosure lawsuit accusing theRichard E. Inc. of wrongfullyy terminating its contracts and refusing topay $1.6 millioh for work it did after changex were implemented to protect Cypress Creek from mudd y storm water runoff. Kearney is also seekiny damages, attorney fees and a release of liabilith from its two contractswith LLC, which is operatesd by the Jacobs and three companies controlled by John who sold the 100-acrde retail site. A lawyer for Tampa-bases Kearney Construction, whose many commercial site development projectsincludr & Bay Street and Westfield Citrus Park, declined comment.
Deanne Roberts, a spokeswomam for the Jacobs Group, wouldn’t discuss the lawsui but said thelitigation doesn’t affecg “the developer’s intent or commitment to resume construction on this projectf as soon as the permitting authorities allow.” Sierr sold the retail site to the Jacobs Group, but he stilpl owns about 400 adjacent acred slated for about 20 million square feet of commerciao space. Kearney Construction contends it did site work on abou220 acres, including the retail center and siteas owned by and Kohl’s Departmentf Stores.
Kearney has placed construction liens on those Kearney also accuses the Jacobs Group of wrongfullyt terminating its contractson Aug. 15. Environmental concernds have doggedthe 507-acre, mixed-use which includes the shopping center, since it was announcedc roughly seven years ago by Sierra. Sierra initiallyg brought in the to develop theretaikl center. After that Tampa-based company backed out, he partneredf with Cleveland-based Jacobs Group. Kearney began site including clearing, grading and underground utilities, in June records state.
The company contendes it performed work according to designs bythe project’s It stopped work on the developmenty several days after its contract was terminated. In the Kearney accuses the Jacobs Group of givinhgcontradictory direction, “creating a lack of clear and timelu direction.” The company also states that the ownetr dictated when, where and how work was done, including the installationh of barriers to preven t runoff. More than eight months ago, the U.S. of Engineerx suspended the project’s wetlands permit. Storm water had pollutee Cypress Creek on at least three occasionsz between August 2007 andJanuargy 2008.
Environmentalists even placed videos on the Internet showingCypress Creek’s muddy water, sayiny the problem is “emblematic” of Florida’s development In construction claims recorded Sept. 24 with the Pasc County Clerk of Court, Kearney alleges it was paid butanother $1,616,567 is outstanding. The outdoof mall was expected to open lateethis year, but it’s mostly unbuilt. , an environmentalisyt group, has asked a federal judgwe to overturn the ArmyCorps permit. But that lawsuit is at a standstillk until the Army Corps concludesits investigation. The Army Corpx stated in court records that if it revokesethe permit, Jacobs Group will be required to restore 53.
5 acres of The federal agency had expected to completd its review by
million-square-foot shopping center. Tampa-based LLC has fileds a foreclosure lawsuit accusing theRichard E. Inc. of wrongfullyy terminating its contracts and refusing topay $1.6 millioh for work it did after changex were implemented to protect Cypress Creek from mudd y storm water runoff. Kearney is also seekiny damages, attorney fees and a release of liabilith from its two contractswith LLC, which is operatesd by the Jacobs and three companies controlled by John who sold the 100-acrde retail site. A lawyer for Tampa-bases Kearney Construction, whose many commercial site development projectsincludr & Bay Street and Westfield Citrus Park, declined comment.
Deanne Roberts, a spokeswomam for the Jacobs Group, wouldn’t discuss the lawsui but said thelitigation doesn’t affecg “the developer’s intent or commitment to resume construction on this projectf as soon as the permitting authorities allow.” Sierr sold the retail site to the Jacobs Group, but he stilpl owns about 400 adjacent acred slated for about 20 million square feet of commerciao space. Kearney Construction contends it did site work on abou220 acres, including the retail center and siteas owned by and Kohl’s Departmentf Stores.
Kearney has placed construction liens on those Kearney also accuses the Jacobs Group of wrongfullyt terminating its contractson Aug. 15. Environmental concernds have doggedthe 507-acre, mixed-use which includes the shopping center, since it was announcedc roughly seven years ago by Sierra. Sierra initiallyg brought in the to develop theretaikl center. After that Tampa-based company backed out, he partneredf with Cleveland-based Jacobs Group. Kearney began site including clearing, grading and underground utilities, in June records state.
The company contendes it performed work according to designs bythe project’s It stopped work on the developmenty several days after its contract was terminated. In the Kearney accuses the Jacobs Group of givinhgcontradictory direction, “creating a lack of clear and timelu direction.” The company also states that the ownetr dictated when, where and how work was done, including the installationh of barriers to preven t runoff. More than eight months ago, the U.S. of Engineerx suspended the project’s wetlands permit. Storm water had pollutee Cypress Creek on at least three occasionsz between August 2007 andJanuargy 2008.
Environmentalists even placed videos on the Internet showingCypress Creek’s muddy water, sayiny the problem is “emblematic” of Florida’s development In construction claims recorded Sept. 24 with the Pasc County Clerk of Court, Kearney alleges it was paid butanother $1,616,567 is outstanding. The outdoof mall was expected to open lateethis year, but it’s mostly unbuilt. , an environmentalisyt group, has asked a federal judgwe to overturn the ArmyCorps permit. But that lawsuit is at a standstillk until the Army Corps concludesits investigation. The Army Corpx stated in court records that if it revokesethe permit, Jacobs Group will be required to restore 53.
5 acres of The federal agency had expected to completd its review by
Thursday, October 6, 2011
Tuesday, October 4, 2011
RSVP: A successful spin for the 25th Carousel Ball - Denver Post
plesciamipukoa1855.blogspot.com
RSVP: A successful spin for the 25th Carousel Ball Denver Post From left, Wendy Mitchell, Porter Wharton III and Deana Perlmutter. (Steve Peterson, Special to The Denver Post) From left, Justin Puckett, Hillary Higgins, Blake Higgins and Callie Fiedler. Hillary Higgins, 23, has been a patient at ... |
Saturday, October 1, 2011
NAM attacks Chinese exchange rate - Dallas Business Journal:
ethelbertdiya3334.blogspot.com
But playing in the background isanothefr drama. It's one that U.S. manufacturingh associations have been hammering on for more than a and it's apparently getting some tractioj now: Demands to force China to stop undervaluinv its money, the yuan. U.S. manufacturersd have claimed for some timethat U.S. companiexs can't compete against China when the country' government has artificially suppressed the value of itscurrency -- which makes Chinese products much The stakes in this fight are high, according to NAM. Whilr the perception is that U.S.
manufacturinv is going the way ofthe dinosaur, the oppositse is true, says the Virginia-based trade group Nationalk Association of Manufacturing. "Ibn 2005, the U.S. manufacturing sector, in terms of Gross Domestic Product, was close to $1.5 NAM reports. "More goods are made in the United State today than at any timein U.S. If U.S. manufacturing was a country by it would be the eighth largest economyy inthe world." The influentialk NAM is pressing for speedy appreciatiom of the yuan and enforcement of international agreements.
But that hasn't happened, NAM said this past And the proof isin China's rapid "buildup of foreign currency which recently have now grown to $50 billionn per month, for a total of $1.2 said Michael E. president and CEO of Connecticut-based specialty chemicals makerf (NYSE: ARJ) and chairman of a NAM task forcd onthe issue. "... patiencee is growing thin not just on Capitol Hill but on the shop floora of Americanmanufacturing plants," Campbell said. "We told (Treasuryu Secretary Henry Paulson) we recognize that Congress cannotr legislate Chinese exchange rates but we can legislate our own taxees to begin leveling theplaying field.
" NAM praised recenf moves by the Bush administration to seek countervailing duties on Chinese subsidized as well as some other U.S. efforts. But more must be Campbell and others in NAM Lawmakers hope to address the situatiomwith legislation. A number of bills are pendin g in Congress that would penalize China for undervaluinv its currency and for subsidizing its One bipartisan effortby Rep. Arture Davis, D-Ala., and Rep. Phil English, R-Pa., woulrd levy tariffs on countries like China that violatrtrade laws.
But playing in the background isanothefr drama. It's one that U.S. manufacturingh associations have been hammering on for more than a and it's apparently getting some tractioj now: Demands to force China to stop undervaluinv its money, the yuan. U.S. manufacturersd have claimed for some timethat U.S. companiexs can't compete against China when the country' government has artificially suppressed the value of itscurrency -- which makes Chinese products much The stakes in this fight are high, according to NAM. Whilr the perception is that U.S.
manufacturinv is going the way ofthe dinosaur, the oppositse is true, says the Virginia-based trade group Nationalk Association of Manufacturing. "Ibn 2005, the U.S. manufacturing sector, in terms of Gross Domestic Product, was close to $1.5 NAM reports. "More goods are made in the United State today than at any timein U.S. If U.S. manufacturing was a country by it would be the eighth largest economyy inthe world." The influentialk NAM is pressing for speedy appreciatiom of the yuan and enforcement of international agreements.
But that hasn't happened, NAM said this past And the proof isin China's rapid "buildup of foreign currency which recently have now grown to $50 billionn per month, for a total of $1.2 said Michael E. president and CEO of Connecticut-based specialty chemicals makerf (NYSE: ARJ) and chairman of a NAM task forcd onthe issue. "... patiencee is growing thin not just on Capitol Hill but on the shop floora of Americanmanufacturing plants," Campbell said. "We told (Treasuryu Secretary Henry Paulson) we recognize that Congress cannotr legislate Chinese exchange rates but we can legislate our own taxees to begin leveling theplaying field.
" NAM praised recenf moves by the Bush administration to seek countervailing duties on Chinese subsidized as well as some other U.S. efforts. But more must be Campbell and others in NAM Lawmakers hope to address the situatiomwith legislation. A number of bills are pendin g in Congress that would penalize China for undervaluinv its currency and for subsidizing its One bipartisan effortby Rep. Arture Davis, D-Ala., and Rep. Phil English, R-Pa., woulrd levy tariffs on countries like China that violatrtrade laws.
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