Spend Matters Afternoon Coffee

Transparency, transparency, transparency.

Senators are worried about counterfeit Defense supplies -- The Defense Department's supply chain is vulnerable to the infiltration of counterfeit parts, potentially jeopardizing the lives of American soldiers, according to two Democratic senators. "Counterfeit parts manufactured offshore not only hurt American manufacturing and competitiveness, but in this case, have the potential to put our military at risk and jeopardize our national security missions," Brown said.

Why does the dollar/pound/euro coin work so well in the rest of the world?

Why the US keeps minting coins people hate and won't use -- In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space. Americans won't use the coins, preferring $1 notes. But the US keeps minting them anyway, and the Fed estimates it already has enough $1 coins to last the next 10 years.

Taxes and travel.

Study Reveals Best, Worst Travel Taxes in Top 50 U.S. Destinations -- NBTA Executive Director & COO Michael W. McCormick said, "The business and travel communities are increasingly concerned about the negative impact that taxes targeting travelers have on the greater travel industry and local economies. It is unacceptable that visitors, whose general tax dollars can help to keep a community afloat in difficult economic times, are forced to pay so much more taxes and fees to fund projects unrelated to the services they purchase. On average, the fees targeting travel services increase the tax burden by more than half, and in the worst cases, by up to 144 percent. Rest assured, companies are taking notice of these unfair burdens when determining how and where to spend their business travel, meetings and events dollars."

This guy likes the Cloud.

Cloud Computing: Actual Growth is Living up to Hype -- Worldwide cloud services will reach $68.3 billion in revenues this year, up 16.6 percent from $58.6 billion last year, and by 2014 revenues will climb to as much as $148.8 billion. It seems to be a clear sign that the trend towards cloud computing is not a fluke. It is shaping up to be a huge paradigm shift away from traditional on-premise software and hardware installations and toward cloud computing.

Sheena Moore

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