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Top SEC Accountant Urges Supplemental Use of Global Rules for US Companies
The recommendation to the commission by Chief Accountant James Schnurr could help resolve a long-standing debate over whether and how the U.S. should use the global rules, known as International Financial Reporting Standards, or IFRS.
Read more on Wall Street Journal

The U.S. Holds the High Cards and Its Time to Call Chinas Bluff
Five reductions in benchmark interest rates since November and four reductions of the bank reserve-requirement ratio since February have had no noticeable effect in stimulating growth. Monetary stimulus is tapped out because there is a fundamental lack …
Read more on Daily Beast

Green Bay Packers' midseason grades
A telling reason why the Packers rank an unsightly 26th in passing yards (225.3) is the fact they rank just 26th in passing attempts (252). A better gauge of performance is pass average, where they rank 12th. After a fast start despite not having Jordy …
Read more on Milwaukee Journal Sentinel

On May 18, the US House of Representatives approved HR 4310, The National Defense Authorization Act for Fiscal Year 2013. This bill authorizes appropriations for military activities and prescribes military personnel strengths for Fiscal Year 2013. When the House Armed Services Committee (HASC) sent the bill to the House, it included language in support of the Military Auxiliary Radio System (MA…

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