A Billion Here, A Trillion There:
Calculating the Cost of Wall Street's Rescue How will the U.S. pay for the financial crisis rescue? Answer: by borrowing – raising worries about how the country's ballooning annual budget deficits and aggregating debt will affect the economy and financial markets. Some guidelines, such as interest rates and the ratio of debt and deficits to gross domestic product, suggest the new debt will be digested easily. But some experts think those guidelines are misleading, warning that obligations are piling up like tinder on a forest floor. (Knowledge@Wharton)
Selling Out The American Dream The Constitution speaks of life, liberty, and the pursuit of happiness, not an automatic chicken in every pot. The American Dream embraced by immigrants over the past two centuries has been the opportunity to set one's own goals and pursue them honestly to the limits of one's ambition and ability. Too many Americans have been expressing the Dream through the acquisition of stuff. (HBS Working Knowledge)
Recruit a CPA for Membership in TSCPA Do you know a superstar CPA looking to have a blockbuster career? Is one of your colleagues a new Texas CPA who wants to walk the professional red carpet to success? Help them become the next big thing with membership in the Texas Society of CPAs! Members who recruit a new member get a voucher to use on TSCPA CPE courses (Some restrictions apply.)
TSCPA Mentor Network Many of the most successful professionals point to mentoring that they received at key points in their careers as one of their secrets to success. TSCPA now provides that same type of opportunity for its students and professionals through the new online Mentor Network. Volunteer today to become a mentor and share your experience and insight. Or search for a mentor to help put your career on the fast track.
Need a Technical Question Answered?
If you have a technical question and need to find an answer, help is only a phone call away. Call a CPA for informal consultation or get research assistance from a professional librarian through the Center for Corporate Financial Leadership (CCFL). CCFL’s Information & Research Center also offers a 6,000-title book loan program.
