Welfare programs show small but real gains and reforms
An optimistic look at WIC success as a targeted in-kind food aid program serving 7.5 million yearly with low fraud. Texas pilots moving to automated debit for food stamps aim to cut fraud costs and recover savings. Travis County health care pilot reduces ER use 40 percent and boosts immunizations 87 percent, forecasting $2.4 million in two-year savings and broader adoption if results hold.
MENTIONED IN THIS ARTICLE
WIC
Ouston
Metroplex
Lone Star
Travis County
Travis
Ray Per Yonss Ls
Perryman Conmmec Inc
Edwin L. Cox School of Business
Southern Methodist University
Stocks Hit Fresh Highs As Bears Defy Market
New York AP reports stocks surged to record closes with the Dow at 4035.61 and the S P 500 atop 489.57, defying bearish fears amid a weak dollar, rate fears, and global jitters. Analysts note expensive valuations but strong underlying support, while skeptics warn profits depend on Fed actions and currency moves.
MENTIONED IN THIS ARTICLE
New York
Michael Metz
Oppenheimer & Co
Bulls
Dow Jones
Standard & Poor
William M. LeFevre
Ehrenkrantz Sing Nussbaum, Inc
U.S
Federal Reserve
Mexico
Barings PLC
LeFevre
Arnold Kaufman
Standard & Poor’s Corp
Kaufman
S&p
Toshones
Lewes Agg
Hungary devalues forint amid market turmoil
Hungary announces devaluation of the forint after a week of market turmoil. The new exchange rates take effect today with 109.63 forints per dollar noted, as government officials cite deficits and foreign debt. Finance Minister Bokros lays out a foreign exchange levy and rising surcharges, aiming to curb deficits and stabilize the economy.
MENTIONED IN THIS ARTICLE
Gyula Horn
Hungary
Ngs Bec
Lajos Bokros
Stop listening to the profession als says Peter in his book
Peter says stop listening to professionals and that the 3 percent brain can pick stocks as well as Wall Street experts. John Wright, who managed large portfolios, dismisses market mystery and claims investors now have access to as much data as advisers.
MENTIONED IN THIS ARTICLE
Peter
Fidelity Magellan Fund
Wall Street
John Wright
Wri
Mexicans Invest in U S Assets as Peso Slump Drives Refuge
Wealthy Mexicans flood U S markets to shield assets from a sinking peso. Ranchers move cattle north across the Rio Grande while Tamaulipas firms seek offshore ventures in Texas and Midwest partners. Investments include dollar accounts and cross border joint ventures as Mexico raises taxes and prices.
MENTIONED IN THIS ARTICLE
Mcallen
Monitor
Rio Grande
Texas
John Schrock
Starr County
Mexico
Ernesto Zedillo
Tamaulipas
Mexico City
Dale A. Kimball Jr
United States
U.S
Monterrey
Laredo
Salvador Estrella
Also Mentioned on This Page
M. Ray Perryman
Devalues Forint
Budapest
Pease
Roy D. Belk
Certified Public Accountant
Neem
Eigers
Source
Knight-Ridder Money Center
Pcyat
Knight-Ridder Tribune
James Smallwood
Lopez
McAllen National
Iras
Edward D. Jones & Co
John Arrick
11Th St
Odessa
Thernbe New York Stock Exchange
Mc and
Sears Remo Protection Corporation
Piaoee
Linda Ramirez
Linda
University of Texas of the
Permian Basin
Midland College
Green & Frost, Inc
Farmers Ira
Joe Allbright
N. Grandview
America
Life Insurance Company
FDIC
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