Commodity Futures Trading Commission: Trends in Energy Derivatives Markets Raise Questions about CFTC's Oversight (open access)

Commodity Futures Trading Commission: Trends in Energy Derivatives Markets Raise Questions about CFTC's Oversight

Testimony issued by the Government Accountability Office with an abstract that begins "Energy prices for crude oil, heating oil, unleaded gasoline, and natural gas have risen substantially since 2002, generating questions about the role derivatives markets have played and the scope of the Commodity Futures Trading Commission's (CFTC) authority. This testimony focuses on (1) trends and patterns in the futures and physical energy markets and their effects on energy prices, (2) the scope of CFTC's regulatory authority, and (3) the effectiveness of CFTC's monitoring and detection of abuses in energy markets. The testimony is based on the GAO report, Commodity Futures Trading Commission: Trends in Energy Derivatives Markets Raise Questions about CFTC's Oversight (GAO-08-25, October 19, 2007). For this work, GAO analyzed futures and large trader data and interviewed market participants, experts, and officials at six federal agencies."
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Terrorist Watch List Screening: Recommendations to Enhance Management Oversight, Reduce Potential Screening Vulnerabilities, and Expand Use of the List (open access)

Terrorist Watch List Screening: Recommendations to Enhance Management Oversight, Reduce Potential Screening Vulnerabilities, and Expand Use of the List

Testimony issued by the Government Accountability Office with an abstract that begins "The Federal Bureau of Investigation's (FBI) Terrorist Screening Center (TSC) maintains a consolidated watch list of known or appropriately suspected terrorists and sends records from the list to agencies to support terrorism-related screening. This testimony discusses (1) standards for including individuals on the list, (2) the outcomes of encounters with individuals on the list, (3) potential vulnerabilities in screening processes and efforts to address them, and (4) actions taken to promote effective terrorism-related screening. This statement is based on GAO's report (GAO-08-110). To accomplish the objectives, GAO reviewed documentation obtained from and interviewed officials at TSC, the FBI, the National Counterterrorism Center, the Department of Homeland Security, and other agencies that perform terrorism-related screening."
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Measuring Our Nation's Natural Resources and Environmental Sustainability: Highlights of a Forum Jointly Convened by the Comptroller General of the United States and the National Academy of Science (open access)

Measuring Our Nation's Natural Resources and Environmental Sustainability: Highlights of a Forum Jointly Convened by the Comptroller General of the United States and the National Academy of Science

Other written product issued by the Government Accountability Office with an abstract that begins "One of the greatest challenges facing the United States in the 21st century is sustaining our natural resources and safeguarding our environmental assets for future generations while promoting economic growth and maintaining our quality of life. To manage natural resources effectively and efficiently, policymakers need information and methods to analyze the dynamic interplay between the economy and the environment. Enhancing the information to make sound decisions can be facilitated by developing national environmental accounts. These accounts provide a framework for organizing information on the status, use, and value of natural resources and environmental assets, as well as on expenditures on environmental protection and resource management. While many countries have developed and are using environmental accounts, the United States lags behind. GAO and the National Academy of Sciences (NAS) convened this forum to discuss developing accounts in the United States. Participants included U.S. federal agency officials and national and international statistical, energy, environment, and natural resource experts. Comments expressed do not necessarily represent the views of any one participant or the organizations that these participants represent, including GAO and NAS."
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Secure Border Initiative: Observations on Selected Aspects of SBInet Program Implementation (open access)

Secure Border Initiative: Observations on Selected Aspects of SBInet Program Implementation

Testimony issued by the Government Accountability Office with an abstract that begins "In November 2005, the Department of Homeland Security (DHS) established the Secure Border Initiative (SBI), a multiyear, multibillion dollar program to secure U.S. borders. One element of SBI is SBInet--the U.S. Customs and Border Protection (CBP) program responsible for developing a comprehensive border protection system through a mix of security infrastructure (e.g., fencing), and surveillance and communication technologies (e.g., radars, sensors, cameras, and satellite phones). The House Committee on Homeland Security asked GAO to monitor DHS progress in implementing the SBInet program. This testimony provides GAO's observations on (1) SBInet technology implementation; (2) SBInet infrastructure implementation; (3) the extent to which CBP has determined the impact of SBInet technology and infrastructure on its workforce needs and operating procedures; and (4) how the CBP SBI Program Management Office (PMO) has defined its human capital goals and the progress it has made to achieve these goals. GAO's observations are based on analysis of DHS documentation, such as program schedules, contracts, status, and reports. GAO also conducted interviews with DHS officials and contractors, and visits to sites in the southwest border where SBInet deployment is underway. GAO performed the work from …
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Aviation and the Environment: Impact of Aviation Noise on Communities Presents Challenges for Airport Operations and Future Growth of the National Airspace System (open access)

Aviation and the Environment: Impact of Aviation Noise on Communities Presents Challenges for Airport Operations and Future Growth of the National Airspace System

Testimony issued by the Government Accountability Office with an abstract that begins "To address projected increases in air traffic and current problems with aviation congestion and delays, the Joint Planning and Development Office (JPDO), an interagency organization within the Federal Aviation Administration (FAA), is working to plan and implement a new air traffic management system, known as the Next Generation Air Transportation System (NextGen). This effort involves implementing new technologies and air traffic control procedures, airspace redesign, and infrastructure developments, including new or expanded runways and airports. Community opposition is, however, a major challenge, largely because of concerns about aviation noise. As a result, according to JPDO, aviation noise will be a primary constraint on NextGen unless its effects can be managed and mitigated. GAO's requested testimony addresses (1) the key factors that affect communities' level of exposure to aviation noise, (2) the status of efforts to address the impact of aviation noise, and (3) major challenges and next steps for reducing and mitigating the effects of aviation noise. The testimony is based on prior GAO work (including a 2000 survey of the nation's 50 largest airports), updated with reviews of recent literature, FAA data and forecasts, and interviews with …
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Private Pensions: 401(k) Plan Participants and Sponsors Need Better Information on Fees (open access)

Private Pensions: 401(k) Plan Participants and Sponsors Need Better Information on Fees

Testimony issued by the Government Accountability Office with an abstract that begins "According to Labor's most recent data, there are an estimated 44 million active participants in 401(k) plans. As participants accrue earnings on their investments, they also pay a number of fees, associated with 401(k) plans. Over the course of the employee's career, fees may significantly decrease retirement account balances. For plan sponsors, understanding the fees they are being charged helps fulfill their fiduciary responsibility to act in the best interest of plan participants. GAO's prior work on 401(k) fees found that fee disclosures are limited and do not allow an easy comparison of investment options. GAO previously made recommendations to both Congress and Labor on ways to improve the disclosure of fee information to both plan participants and sponsors. Both Labor and Congress now have efforts under way to ensure that both participants and sponsors receive the necessary fee information to make informed decisions. These efforts on the subject have generated significant debate. This testimony provides information about the way fee information could be disclosed to benefit 401(k) participants and sponsors, focusing on 1) the information on fees that could be most useful for plan participants and plan …
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Information Technology: VA and DOD Continue to Expand Sharing of Medical Information, but Still Lack Comprehensive Electronic Medical Records (open access)

Information Technology: VA and DOD Continue to Expand Sharing of Medical Information, but Still Lack Comprehensive Electronic Medical Records

Testimony issued by the Government Accountability Office with an abstract that begins "The Department of Veterans Affairs (VA) and the Department of Defense (DOD) are engaged in ongoing efforts to share medical information, which is important in helping to ensure high-quality health care for active-duty military personnel and veterans. These efforts include a long-term program to develop modernized health information systems based on computable data: that is, data in a format that a computer application can act on--for example, to provide alerts to clinicians of drug allergies. In addition, the departments are engaged in short-term initiatives involving existing systems. GAO was asked to testify on the history and current status of the departments' efforts to share health information. To develop this testimony, GAO reviewed its previous work, analyzed documents about current status and future plans and interviewed VA and DOD officials."
Date: October 24, 2007
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Oral History Interview with Carl Amundson, October 24, 2007 (open access)

Oral History Interview with Carl Amundson, October 24, 2007

The National Museum of the Pacific War presents an oral interview with Carl Amundson. Amundson joined the Navy in September 1942 and received basic training at Great Lakes. Upon completion, he was assigned to an APD at Pearl Harbor that transported Marines throughout the South Pacific. He returned to the States and became a plank holder aboard the USS Gambier Bay (CVE-73). After abandoning ship at the Battle of Samar, he survived 40 hours in the water despite not knowing how to swim. Amundson returned home safely, to the shock of his parents, who believed everyone aboard the Gambier Bay had been lost at sea.
Date: October 24, 2007
Creator: Amundson, Carl
System: The Portal to Texas History
Oral History Interview with Murray Brown, October 24, 2007 (open access)

Oral History Interview with Murray Brown, October 24, 2007

The National Museum of the Pacific War presents an oral interview with Murray Brown. Brown dropped out of high school and joined the Navy in November 1941. He was assigned to the ammunition ship USS Pyro (AE-1), on which he served for two years as a boatswain’s mate. Brown sailed throughout the Pacific, from the Aleutian Islands to Espiritu Santo. After two years on the Pyro, he was transferred to the USS Gambier Bay (CVE-73) as an officer in charge of the second division. In the fall of 1944, when the Gambier Bay was attacked in the Battle off Samar, Brown ordered his men to abandon ship. He was afraid that he would go down with the ship, but he carefully climbed down the monkey lines while the ship was at a forty-five degree angle. It would be two days and nights before he was rescued, and men all around him were going mad from dehydration. For their safety as well as his own, Brown confiscated their knives and tossed them away. Following his rescue, Brown was reassigned to the USS Knox (APA-46), but he developed a leg malady that put him in sick bay until the end of the …
Date: October 24, 2007
Creator: Brown, Murray
System: The Portal to Texas History
Oral History Interview with George Feliz, October 24, 2007 (open access)

Oral History Interview with George Feliz, October 24, 2007

The National Museum of the Pacific War presents an oral interview with George Feliz. Feliz was drafted into the Navy in 1943. Upon completion of signal and radio school, Feliz spent a month on an aviation crash boat before becoming a plank owner of the USS Gambier Bay (CVE-73), as a signalman striker. He initially sailed to Pearl Harbor and recalls anchoring directly above the sunken USS Arizona (BB-39). The Gambier Bay earned its first battle star at Saipan, where Feliz observed the action from the starboard catwalk, prepared to provide emergency steering as needed. Later, while sailing to Hollandia, Feliz spotted a ship on which his cousin was a quartermaster and managed to communicate with him by light and semaphore. In the fall of 1944 when the Gambier Bay was struck, Feliz abandoned ship on an empty stomach, feeling extremely queasy when he hit the water. As time went on, he was surrounded by delirious sailors who had consumed too much salt water. After two days and two nights, he was eventually spotted floating in an airplane tire innertube. Feliz was reassigned to the USS Siboney (CVE-112), where he remained until the end of the war.
Date: October 24, 2007
Creator: Feliz, George
System: The Portal to Texas History
Oral History Interview with G. C. Petit, October 24, 2007 (open access)

Oral History Interview with G. C. Petit, October 24, 2007

The National Museum of the Pacific War presents an interview with G C Petit. Petit joined the Navy in 1943. He served aboard the USS Gambier Bay (CVE-73) in the deck force and gunnery gang, beginning in 1944. Petit describes life aboard the ship. They were apart of task unit Taffy 3. They traveled through the Pacific, participating in battles at Saipan, the Philippines and Leyte Gulf. He provides some details of these battles, including the sinking of Gambier Bay during the Battle off Samar in October of 1944. He provides some detail of his time adrift in the water before being rescued. In 1945 he served aboard the USS Enterprise (CV-6). They transported troops from England to the U.S. He was discharged in early 1946.
Date: October 24, 2007
Creator: Petit, G. C.
System: The Portal to Texas History