Saturday, September 29, 2012

SOS Band's 35th Anniversary Tour With Con Funk Shun's Michael Cooper - East Valley Tribune

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SOS Band's 35th Anniversary Tour With Con Funk Shun's Michael Cooper

East Valley Tribune


PHOENIX, AZ â€" UrbanAZ presents the S.O.S. Band's 35th Anniversary tour with special guest Michael Cooper of Con Funk Shun at 8:30 p.m. Saturday, September 29th at the intimate Celebrity Theatre. Founded 30 years ago in Atlanta, Georgia, the S.O.S. ...



Friday, September 28, 2012

IBM's Sam Palmisano Is Out: Ginni Rometty Is Chairman - Business Insider

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Business Insider


IBM's Sam Palmisano Is Out: Ginni Rometty Is Chairman

Business Insider


Rometty took the reins at IBM in January, becoming the company's ninth CEO and its first female leader, following stints in services, sales, strategy and marketing. During her ascent, she oversaw the integration of PricewaterhouseCoopers Consulting ...


IBM's Rometty Becomes First Female Chairman Monday

International Business Times



 »

Wednesday, September 26, 2012

Lincoln National reveals financial plans - The Business Journal of the Greater Triad Area:

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Shares closed 11 percent lower Mondayat $15.83, on a day the market lost more than 2 percent. Lincoln Nationapl said it will targetabout $950 million in preferrex stock from TARP’s Capital Purchase It will also try and raise $600 million through a common stock offering and $500 million in senior The underwriters of the offering will have a 30-day optio to buy up to an additionak 15 percent of the offere d amount of common shares from the Lincoln National said it intends to contributd about $1 billion of the proceeds to its principal insurancre subsidiary, , with the remaining $1 billio n held at the holding company for general corporate purposes, including the repayment of short-term debt and investmentt in the company’s core In a separate release Monday announcingh another cost-cutting maneuver, Lincoln National said that it agreeed to sell its British Lincoln National (UK) plc, to S LF of Canads UK Ltd.
for an estimated 195 British Lincoln said the expected to close on oraround 30, should generate estimated proceeds of between $280 million and $300 million, which will be used for core U.S. SLF is owned by Toronto-basedc Sun Life Financial, where former Lincolj CEO Jon Boscia isnow president. Lincoln Nationaol said these actions supplement dividend cost cuts, and other actions previouslyu taken to strengthen its capital and and solidify the company’s capital positions at both the subsidiary and holding company levels. The Philadelphia-based companuy believes that TARP participation provides additionaklcapital flexibility.
The company expects to repay thisfinancingy “as soon as practicable, taking into consideration appropriatse balance sheet strength and capital markets conditions.” The finalp level of Lincoln’s participation is expected to be announced by the end of Last month, Lincoln National received preliminart approval for up to $2.5 billionb under the program. It said the exact level of its participatioj will be determined by the end of this Lincoln is one of six insurance companies to receiveesuch approval.
The $700 billiob Troubled Asset Relief Program, approvedr by Congress last year, was originally intended to buy toxiv loans that were inhibiting banks from makinvadditional loans. But it was also used to make loans to GeneralMotors Corp., Chrysleer and insurance giant Lincoln National was one of severakl insurers that applied to become thrift holdinf companies last fall so they could be consideredc for TARP funds. The insurers had concerns about the rising numbetr of bad assets on their Lincoln National and other insurers saw their stock prices drop in recent months as they waited forgovernmenf approval. As for the stock and Merrill Lynch & Co.
will serve as global coordinators and GoldmanSachs Co. and Morgan Stanley Co. Inc. will serve as jointt book-running managers. In explaining its decision in aregulatoru filing, Lincoln National said that although the capital and credity markets have shown recent improvements, those markets have experienced extremwe volatility and disruption for more than a “Given these conditions, our capital strategy is to have sufficienft capital to offer downside protectionj in the event that the capital and credit marketws experience another downturn as well as to supporf growth in our operating the company said.
Lincol n National said it believes thatthe $2 billion infusionn will provide it with sufficienf capital to offset a “stresas scenario” analysis for 2009 and 2010. That scenario woulde include credit losses and impairments amounting toapproximatelt $1.65 billion, or 2.5 percent basee on invested assets as of March 31. Lincoln (NYSE:LNC), which marketa itself as , offeras both insurance and investmentmanagement products.

Tuesday, September 25, 2012

Unfazed by deadline, Akin vows to fight on in Missouri Senate race - Chicago Tribune

cicugaha.wordpress.com


Houston Chronicle (blog)


Unfazed by deadline, Akin vows to fight on in Missouri Senate race

Chicago Tribune


JEFFERSON CITY, Missouri (Reuters) - If anyone in the Republican Party harbors illusions that Todd Akin will bow out of the Missouri U.S. Senate race by a September 25 deadline, he is quite happy to disabuse them. "That's not going to happen," the ...

Rick Perry campaigns in Missouri â€" but far from Newt and Todd Akin

Houston Chronicle (blog)


On decision day, Akin committed to Senate bid

Kansas City Star


Tuesday is Akin's last chance to withdraw from Senate race

CNN (blog)


Washington Post


 »

Monday, September 24, 2012

Business working behind scenes to shape health care reform - Business First of Columbus:

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President Obama has mobilized the grass-roots supporters that helped elect him to lobby for his vision of healtjcare reform, which includee offering Americans a government-run healt plan as an alternative to privat insurance. A coalition of labor unions and progressive organizations planzs tospend $82 million on organizint efforts, advertising, research and lobbying to support the Obama Business groups, meanwhile, mostly are working behindf the scenes to shape the legislation.
Althoughu they have serious concerns about some of the proposals including the public plan option and a mandate for employerxs to provideinsurance — few are tryingf to block health care reform at this The cost of health insurance has become so burdensomes that something needs to be done, they “Nobody supports the statu quo,” said James Gelfand, the ’s senior manager of health “We absolutely have to have reform.” For most business that means reining in health care costd and reforming insurance markets so that employerws have more choices in the types of plans available.
To achieve those goals, however, businessex might have to swallow somebittere medicine. An employer mandate tops the list of concerns for manybusineszs groups, just as it did when Bill Clintonn pushed his health care reform plan in the 1990s. The Senate bill might include a provision that wouldf require employers to either provide health insurancr to their employees or pay a fee to thefederakl government.
Some small-business owners don’tg have a problem with that, including members of the MainStreetg Alliance, which is part of the coalition lobbying for the Obama “The way our system works now, where responsible employers offer coverage and others don’t, leaves us in a situationh with an unlevel playing field,” 11 alliance memberas said in a statement submitted to the Senate Finance “If we’re contributing but other employersx aren’t, that gives them a financial advantaged over us,” the statement said. “We need to level the playing field through a syste where everyone pitches in areasonable amount.
” But most businessa lobbyists contend that employerss who can afford to provide healt insurance do so already becausew it helps them attract and keep good employees. Businessex that don’t provide health insurance tend tobe “marginally said Denny Dennis, senior research fellowa at the NFIB Research Foundation. Imposing a “play-or-pay” insurance requirement on these businesses would cost the economy morethan 1.6 milliobn jobs, according to a study. Tax credits couled offset some of the costs for providinfgthis coverage, but Gelfand said the creditz that are under discussion are “extremely limited.
” Congress also couled exempt some small businesses — such as firms with less than $500,000p in annual payroll — from the employer But many business groups see this proposal as an attempt to spli the business community, not as meaningful relief. “We oppose small-business carve-outs because they make it easier for Congresas to apply mandates againstlarger employers,” said Neil Trautwein, vice president and employere benefits policy counsel of the Nationao Retail Federation. “It’s also easy for Congress to come back and try to applhy the mandateagainst ever-smaller employers.
“Nol matter how good the surrounding healthcare reform, a bill containingg an employer mandate would be too high a price to pay for Trautwein said. Public plan or market reforms

Saturday, September 22, 2012

Friday, September 21, 2012

Schwartz: Make No Mistake — Jets Need This One - CBS Local

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CBS Local


Schwartz: Make No Mistake â€" Jets Need This One

CBS Local


Schwartz: Make No Mistake â€" Jets Need This One. September 21, 2012 9:59 AM. Share this. View Comments. More Activity. Facebook Activity. What's this? Add to Timeline - What's This. Click "Log in" to publish what you read to Facebook. See what your ...



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Wednesday, September 19, 2012

In Switch, Kickstarter Darling Amanda Palmer Will Now Pay Volunteer Musicians - New York Times (blog)

awipekyhila.blogspot.com


Stereogum


In Switch, Kickstarter Darling Amanda Palmer Will Now Pay Volunteer Musicians

New York Times (blog)


In an interview last week, Ms. Palmer said the volunteer musicians were happy to take part and that nobody was forcing them to come up on stage. She also said that while she paid her core band a salary, she could not afford the extra players. The ...

< br />

Amanda Palmer Now Paying Volunteer Musicians

Stereogum


Whoa! Amanda Palmer reverses course, pays crowdsourced musicians

GigaOM


Amanda Palmer To Start Paying Crowdsourced Musicians

Billboard.biz


International Business Times -Boing Boing


 »

Tuesday, September 18, 2012

Streetcar work in progress - Charlotte Business Journal:

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This month, a streetcar advisory committee made severalp recommendations to City Council in the latest bid to accelerate the constructiob schedule that currently calls for a starrt date in 2018 and completion five years Support from both sides of thepoliticalo aisle, as well as business and civi leaders, gave the streetcar renewed momentum duringt the past year. But economic reality has slammedx onthe brakes. “I would hope everyonse sees this as an opportunity to stimulat e the economyin Charlotte,” says Ron Carter, president at and chairmahn of the streetcar committee.
“I don’t see it as a Carter and other boosterssay it’s difficulrt to put a timeframe on building the streetcat until further planning and engineering work is Among the tasks: zeroing in on the cost, now estimated at $457 As recently as the price tag was $300 City Manager Curt Walton recommended fundin g the additional planning and study during a recent budge t retreat, with an expected $8 million cost. If the city signs off on that it would likelybe late-2010 before the additionap studies and design work are finished. “The we’ll know what we’re dealing with,” Walton says.
A city-funded $250,0009 consultant’s report completed earlier this year predictee a surge inproperty values, tax revenue and development alony the 10-mile corrdior once the streetcat is up and running. The proposed route runs from Beatties Ford Road througy uptown and Elizabeth to Eastland It could be built all at once or in depending on political will andavailablse funding. Potential funding sources suggested by the consultant and the advisorty committee include using some of the new propertyg taxes created by the project to pay backlarge loans, a neighborhood or district tax, federapl and state money and a possiblre expanded local transit tax.
Jim committee vice chair and executive-in-residence at Johnson and Wales University, says one idea broached by the consultantsw isa dealbreaker: Taxing nonprofit organizations alon g the route, including colleges, churches and hospitals. Everyone on the committese is realistic about finding money in thenear “It’s tough,” Palermo says. “Butg a down economy is the time when you plan forwhat you’lol do when you come out of First, though, council must approve the initial $8 million a prospect that elicits differing opinions among members.
“It’s probablyt a year away,” says John Lassiter, a Republicanb who heads the economic-developmenyt committee. Lassiter supports the streetcar but believezsthe city’s current financial pressures leave no room for even the initia l funding for the streetcar. Lassiter’s mayoralk rival and Democratic colleague, Anthony offers a differing view. Because the streetcar study would bea one-timew cost, the city should be able to find a way to approvwe the money in the fiscaol 2010 budget that begins in July. “There is some capacity in our budgety to borrow to do somethinglike this,” he says.

Monday, September 17, 2012

US Files Suggestion of Immunity for Former Mexican President Zedillo - Lawfare (blog)

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Lawfare (blog)


US Files Suggestion of Immunity for Former Mexican President Zedillo

Lawfare (blog)


On September 7, the Justice Department filed a Suggestion of Immunity on behalf of former Mexican President Ernesto Zedillo in a suit against Zedillo under the Alien Tort Statute and Torture Victim Protection Act by families of Mexican civilians killed ...



Saturday, September 15, 2012

Neiman

guronelogoh.blogspot.com
million. Dallas-based Neiman’s attributed the loss to $560.1 million in noncash impairment charges, which includes a $291.1 milliob pretax goodwill impairment charge, a $242.2 million pretazx impairment charge associated with the writedown of the fair valu of the net carrying value ofthe company’sa trade names and a $26.87 million pretax impairment charge tied to a valuer writedown on company assets. For the seconde quarter, Neiman’s revenue hit $1.09 billion, down from $1.37 billiob the previous year. The revenue decline happened in the same quarter inwhicj same-store sales, or salesz at stores open for more than 12 dropped 22.8 percent.
Without significant writedowns tied to impairmenta charges andother expenses, Neiman’s second-quarter adjusted operating loss for the quarte r is $32.6 million, down from operating earningd of $134.3 million in the same quarter of the year Neiman Marcus has two stores in metroi Atlanta.

Friday, September 14, 2012

Developers plan to test-market $1.7M+ condos on Saratoga race crowd - The Business Review (Albany):

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The 66,000-square-foot Pavilion Grand, plannex for Lake Avenue, will be test-marketed in the next two monthx after the stateAttorney General'a Office reviews designs. The projecrt will include eight multi-stor y residential condos with penthouses and rooftop Asking prices will beabout $1.7 million and higher. The buildinyg also will include five office condow that will occupy a totakof 17,000 square feet, plus four retail spacesx that will be sold on the first floor. The sale pricew on those units will beapproximately $250 a square foot and higher. "We've already had calls from accounting and legal said DeVito, of Cohoes-based .
The projecft cannot be marketed until it receivesd approval from theAttorney General'es Office. DeVito and business partner Ken Raymon acquired the Lake Avenue parcel last monthy fromfor $1.15 million. Raymoned and DeVito had signed an optioh on the former gas station property about two years ago under thename . Stewart' s President Gary Dake said recently that if he had the chanc to sell the propertyover again, he would have negotiatesd a higher price. "It's an said DeVito. The property is a block from the Broadwag business district and a bloc k fromCaroline Street.
And it's part of an area, knowjn as the 'gut,' that's expected to attractg a lot of new investments over the nextseveral years. is buildinfg a 123-room Hampton Inn Suites across the road from the proposecPavilion Grand. Builder James who operates Teakwood, recently partnered with interiofr designers to purchase theformer Nemec's Feed Store buildinbg on nearby Henry Street. Saskk and the owners of Plum and Crimsoh Fine Interior Designpaid $750,000 for the building and plan to invest about $800,000 to restore it and convert it into a one-stol shop for construction, architectural, building, plumbing and home furnishintg needs.
Hotel operator Michael Hoffman and developer Frank Parillok said they selected the Lake Avenue site for the Hamptonm Innbecause it's so close to shops and restaurants. It is also a few hundreds feet from the Saratoga SpringsCity Center, whichh hosts more than 100 conventionj groups each year. The residential condos at Pavilion Gran d will range in size fromabougt 3,600 square feet to 4,600 square Each unit will includre more than 1,000 square feet of rooftol gardens, terraces and outdoor living. "Wed are trying to create somethinfg unusual. Outdoor living in the city," DeViti said. Test marketing will focus on summer visitors andracing fans.
Marketing will be handler by Vicki Castillo, a retired thoroughbrede jockey, owner and trainer who now works as a ColdwellBanker agent. "Normally, we don't test-market, but because these propertied areso unique, we will test it DeVito said. Depending on when the project receivesfinalp approval, DeVito hopes the firstr contracts will be signed by late summer or early Construction likely will not start until a few of the unitx are pre-sold. That makees it easier to get bank funding, he said.

Thursday, September 13, 2012

Freedom of expression versus the disgraceful State Department - Washington Times

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Washington Times


Freedom of expression versus the disgraceful State Department

Washington Times


“The Embassy of the United States in Cairo condemns the continuing efforts by misguided individuals to hurt the religious feelings of Muslims â€" as we condemn efforts to offend believers of all religions. Today, the 11th anniversary of the September 11 ...



and more »

Tuesday, September 11, 2012

Listen: Missy Elliott's at bat in this 'Ninth Inning' snippet - HitFix (blog)

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HitFix (blog)


Listen: Missy Elliott's at bat in this 'Ninth Inning' snippet

HitFix (blog)


In this 85-second snippet from “Ninth Inning,” the female rapper declares, over an ominous horn droning that gives way to a bright, classical-sounding piano melody, “Now i'm in the ninth inning/thought I fell off/I ain't finished.” [More after the jump ...


Missy Elliott Is Clutch In “9th Inning”: Hear A Snippet

Idolator:  »

Monday, September 10, 2012

Warren Buffett sells remaining Constellation shares - Nashville Business Journal:

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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’sw subsidiary , are each no longer stockholder inConstellation (NYSE: CEG), according to a form with the Securitiesa and Exchange Commission filed Monday. They have been slowly divesting the stock over the past weeks and months, owning 7.3 percent in February and 6.3 percentg last month. The sale ends the relationship between the investortand Constellation, one of two Fortune 500 companieas in Baltimore City. Iowa-based MidAmerican got a 10 percenf stake in Constellation whenits $4.7 billion bid for the company made in Septembetr was rejected three months late.
That offed came after a cash crunch led to a steep declinein Constellation’sx stock price over several days and some investords feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 perceny of its nuclear business for $4.5 billion to French firm , which had also been in the bidding for the company in For the cancelation, Constellation had to pay $175 million in breakuop fees and $418 million for stocks. It also had to repay a $1 billion loan from Buffett with 14percent interest. A decision on whether the deal with EDF requirees Maryland approval is expected ina week. The deal is expected to closd this fall.

Saturday, September 8, 2012

Bardo's five ideas for improving Wichita State are interlocked - Kansas.com

firukendu-anchored.blogspot.com


Bardo's five ideas for improving Wichita State are interlocked

Kansas.com


In the 40-plus days since he took over as president of Wichita State University, John Bardo has identified five ideas he wants to talk about as he develops plans for the university. Ideas include rebuilding the university's residence halls and finding ...



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Friday, September 7, 2012

Brookings report ranks Raleigh-Cary strongest metro in N.C. - Triangle Business Journal:

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Brookings’ MetroMonitor ranks the nation’s 100 largest metro areazs based on their economic performance as judged by six keyindicatorzs – employment, unemployment rates, gross metropolitan product, housing prices and foreclosure rates. The listint is broken down into five groupsof 20. The groups are listex as strongest, second-strongest, second-weakest and weakest. The report covers the entire firsg quarterof 2009. The Greensboro metro was lister in the report as one ofthe country’z second-weakest metros, while Charlotte was amonv the 20 middle metros.
Here’as how the Raleigh-Cary metro are fared in key data: The percentage change in employment from peak employmenr to first quarter 2009 wasnegative 2.9 the percentage change in the unemployment rate from the firsrt quarter 2008 to the same quarterf in 2009 was 4.6 the percentage change in gross metropolitaj product from peak GMP to first quarter 2009 was negative 1.1 percent; and the real percent change in housing prices from first quarter 2008 to firsr quarter 2009 was 2 Four of the top five strongest performinv metros, according to the report, are in Texas. They are San Austin, Houston and Dallas.
Oklahoma City was the other representative on the top five On theother hand, four of the five weakesg are in Florida. They are Bradenton, Tampa, Lakeland and MetroMonitor determined that Detroit wasthe weakest-performin g metro in the country. The MetroMonitor, whicbh will be released on a quarterly basis, bills itsel as an interactive barometer of the healthof America’s metropolitahn economies and looks at national economi statistics to portray the diverse metropolitan trajectories of recessioh and recovery across the country.

Thursday, September 6, 2012

Woodland Corporate Center building gets LEED gold certification - Sacramento Business Journal:

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The building, which opened early last was designed and built to meet the seconc highest ranking ofthe Council’s Leadershio in Energy and Environmenta Design. was the general contractor. Liberty Propertty Trust Vice President Jody Johnston estimates the cost of buildinb to green standards added an additional 5 percent to the overalpdevelopment costs, but that will be more than offset by lowedr energy costs. Special featuree include showers and lockers for workersa who need to wash or changew clothes after they bike or jog to A deck made of recycled plastifc borders the back ofthe building, overlookin a wetlands area that provides shade.
Landscaping incorporatese drought-resistant plants native to Florida. A whitw reflective roof deflectsthe sun. Bins for recycling are placed near trash bins for Restroom urinals conserve water by relying on gravityh and a filter insteadof water. That featured is expected to save 360,000 gallons annuallyh since each urinal uses an estimated 40,000 gallons annually, Johnstonj said. Grass surrounding the parking lot soakup rainwater. And Flexi-pave, a recycled was used instead of asphalt arounxd the large oak trees that linethe lots. The porous rubbetr allows water to soak into the The building, located at 4631 Woodland Blvd.
, received the “Office Buildingf of the Year” Award from the Tampaz Bay Chapter of the and the “Green Building Design Award” from the Hillsboroughg City-County Planning Commission in Tampa. Liberty LRY) has developed and leased 19 buildings with nearlt 1 million square feet of space in the parksincwe 1996. Key park tenants include , Travelers, Travelp and .

Tuesday, September 4, 2012

Secret Service's stolen U-Haul, equipment recovered in Detroit - Detroit Free Press

adamovaichive.blogspot.com


MiamiHerald.com


Secret Service's stolen U-Haul, equipment recovered in Detroit

Detroit Free Press


Donovan said Sunday that the agency rented the truck to haul equipment, some of which was in the vehicle when it was stolen from a hotel parking lot near Washington and Michigan Avenue. He wouldn't describe the equipment inside but said the agency ...


Truck with Secret Service equipment found

UPI.com


Secret Service recovers stolen rental truck that had equipment for Biden's ...

Washington Post


Stolen U-Haul with equipment for Biden event found in Detroit

CNN International


Officer.com -CNN (blog)


 »

Monday, September 3, 2012

This exists: 'Fifty Shades of Grey' the Magazine - Entertainment Weekly (blog)

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This exists: 'Fifty Shades of Grey' the Magazine

Entertainment Weekly (blog)


This exists: 'Fifty Shades of Grey' the Magazine. by Tara Fowler. Tags: Controversy, Fifty Shades of Grey, You're kidding me! Comments +; Add comment. There are sex workshops. There is lingerie. There are even baby clothes and beer cozies. But just ...



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Saturday, September 1, 2012

Study: Energy industry tops emission mitigation spending - Houston Business Journal:

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billion from 2000 to 2008 in technologiezs to reduce greenhousegas emissions, according to a national study. The amountg represents the largestchunk — abouf 44 percent — of the tota l invested by all U.S. private industr y and the federal government. • Some $30.6 billionh went into advanced end-use technologies, such as combined heat and power carbon captureand storage, and advanced vehicles; • Fuel substitutionb — in which a lower greenhouse gas emission fuel such as natural gas was substituted for a higher one accounted for $21.1 billion; • More than $6.
7 billion supportec development of nonhydrocarbon energy sources, such as wind, biofuelsa and solar power. The totalk amount spent by all U.S. industries and the federap government on greenhouse gas mitigation during the period of the studieswas $133 billion. The studgy was undertaken by T2 and Associates and the Centert for Energy Economics at the usingv data from 420 companyannual reports, federal budgeg documents, and other publi sources.