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The outlook on the long-term rating is negative....On Monday, we will issue separate releases concerning affected ratings in the funds, government-related entities, financial institutions, insurance, public finance, and structured finance sectors.

Click to view video....

To put an end to budget shenanigans the Institute has developed a budgeting system called “Full Accrual Calculations and Techniques”. FACT based budgeting would require governors and legislatures to recognize expenses when incurred regardless of when they are paid. This improved method of accounting is discussed in detail in this report.

This year’s revolt against the bemedalled despot will reduce Finmeccanica’s revenue by some €300m.

"Energy costs certainly are affected by public policy measures at the federal, state and local levels. When policymakers focus on reining in taxes and removing regulatory burdens, that works to reduce energy costs to the benefit of entrepreneurs, businesses and consumers. But when focused on increasing energy taxes, expanding regulations, and creating governmental obstacles to energy development, the economy suffers accordingly."

Lloyd Y. Kimura, 61, former president of Maui Industrial Loan & Finance Company and Lloyd Y. Kimura, Inc. in Wailuku, was sentenced today in State Circuit Court on Maui by Judge Joseph Cardoza to 20 years imprisonment and ordered to pay restitution in the amount of $8,093,907

During her 30-years of public service, Governor Lingle has always run issue-oriented campaigns. Should there be a future campaign, it too would be run on the issues, rather than based on personal attacks.

There is no place in Hawaii for these deplorable tactics by national partisan political staffers. The voters of Hawaii deserve better.

At yesterday's press briefing, White House spokesman Jay Carney admitted: "The White House does not create jobs." As the Examiner's senior political columnist Timothy P. Carney (no relation) later noted, conservatives should greet this statement as "a true and long-awaited admission of government's limits."

Abercrombie gets rolling about 1:30 and keeps on rolling for the next ten minutes.  Starting about 6:50 you can hear Abercrombie's handlers trying to pull him away....

A Site Analytics report shows that Hawai`i Free Press has surpassed 1 million hits a month every month this year.

Americans are paying more for gasoline today than they were six weeks ago when President Obama released 30 million barrels of oil from the Strategic Petroleum Reserve. In the Gulf of Mexico, meanwhile, 10 drilling rigs -- more than one-third of the fleet -- have left on Obama’s watch.

This incomprehensible energy policy is not only costing Americans more money at the pump. Bureaucratic delays in Washington are also stunting job growth and adding to the budget deficit.

On Thursday, United Against Nuclear Iran (UANI) called on Japanese high technology conglomerate Hitachi to end its business in Iran. Hitachi maintains an active presence in Iran, having provided Iran with gas turbines and induction motors used in its oil and gas sector.

The Hawaii Supreme Court recently completed a three-year evaluation of the progress made by the Hawaii Access to Justice Commission toward the goal of increasing access to justice in civil legal matters for low-income Hawaii residents.

"We are honored to have the sponsors we do to support the festival each year," says Representative Corinne W. L. Ching, "'I LOVE LILIHA' is nothing if not individual gems of the community arriving at one place and time, to remind residents why they should be proud to call Liliha home."

The boundaries pit two Big Island Democrats against each other: Jerry Chang, D-Piihonua-Kaumana, and Mark Nakashima, D-Hawi-Hilo. On Oahu, Rida Cabanilla, D-Waipahu-Ewa, would face Kymberly Pine, R-Ewa Beach-Iroquois Point; and Mark Hashem, D-Hahaione Valley-Aina Haina, would compete against Barbara Marumoto, R-Kalani Valley-Diamond Head.

The public is invited to attend the second and final Federal Section 106 PUBLIC HEARING Meeting on Thursday, August 4, 2011 from 6:00 to 8:00 pm. which will be held at the Hale Pono`i Building at the Department of Hawaiian Home Lands (DHHL) facility at 91-5420 Kapolei Parkway.

(Handy Tip: Deposit $100M and make OHA give you $400M. Not only will you prosper, but by bankrupting OHA, you will make Hawaii a better place.)

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