United States Department of Commerce
Saddling Posterity with Debt
“We believe–or we act as if we believed–that although an individual father cannot alienate the labor of his son, the aggregate body of fathers may alienate the labor of all their sons, of their posterity, in the aggregate, and oblige them to pay for all the enterprises, just or unjust, profitable or ruinous, into which our vices, our passions or our personal interests may lead us. But I trust that this proposition needs only to be looked at by an American to be seen in its true point of view, and that we shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority.”
~Thomas Jefferson to John Wayles Eppes, 1813
US Debt Clock
United States Department of Commerce
United States Department of Commerce
http://www.whitehouse.gov/omb/budget/fy2010/assets/com.pdf
The United States Department of Commerce–Milestones
http://www.commerce.gov/About_Us/Milestones/index.htm
Department of Commerce – $13.8billion+$7.9billion from Recovery Act
To help the Department of Commerce with its mission to create jobs, Obama’s proposes a budget increase for the Department of Commerce from $9.3 billion in 2009 to $13.8 billion in 2010. Money will be divided among several projects like an increase in funding for weather satellites and climate centers, Technology Innovation Program and Manufacturing Extension Partnership to fund regional economic development and entrepreneurship in distressed areas.
Expenditure Highlights
Competitiveness and Innovation
- Technology Innovation Program – $70,000,000
- Hollings Manufacturing Extension Partnership – $125,000,000
- Initiative to create new businesses in distressed areas – $50,000,000
Environmental Monitoring and Management
- Weather forecasting and global climate monitoring – $1,300,000,000
2010 Census
- Resources to conduct Census efficiently – $7,000,000,000
http://www.onlineforextrading.com/blog/federal-budget-broken-down/
Department of Commerce
The Department of Commerce is the government agency tasked with improving living standards for all Americans by promoting economic development and technological innovation.
The department supports U.S. business and industry through a number of services, including gathering economic and demographic data, issuing patents and trademarks, improving understanding of the environment and oceanic life, and ensuring the effective use of scientific and technical resources. The agency also formulates telecommunications and technology policy, and promotes U.S. exports by assisting and enforcing international trade agreements.
The Secretary of Commerce oversees a $6.5 billion budget and approximately 38,000 employees.
http://www.whitehouse.gov/our-government/executive-branch
United States Department of Commerce
“…The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. It was originally created as the United States Department of Commerce and Labor on February 14, 1903. It was subsequently renamed to the Department of Commerce on March 4, 1913, and its bureaus and agencies specializing in labor were transferred to the new Department of Labor.
The organization’s mission
The mission of the department is to “promote job creation and improved living standards for all Americans by creating an infrastructure that promotes economic growth, technological competitiveness, and sustainable development.” Among its tasks are gathering economic and demographic data for business and government decision-making, issuing patents and trademarks, and helping to set industrial standards.
Administration
The Department of Commerce is administerred by the United States Secretary of Commerce, the office of which is currently held by Gary Locke. Locke is the first Chinese American Secretary of Commerce, and the third Asian American in President Barack Obama’s cabinet, joining Energy Secretary Steven Chu and Veteran Affairs Secretary Eric Shinseki, the most of any administration in United States history. From 1903 to 1913, it was administered by the United States Secretary of Commerce and Labor.
Employees of the Department serve under the Competitive Service and Excepted Service. Most domestic positions are Competitive Service and most foreign positions are Excepted Service. In accordance with the Foreign Service Act of 1980, the Secretary is entitled to use the Foreign Service personnel system for positions that require service abroad.
Operating units
- Bureau of Industry and Security (BIS)
- Economics and Statistics Administration (ESA)
- Bureau of Economic Analysis (BEA)
- Bureau of the Census
- Economic Development Administration (EDA)
- International Trade Administration (ITA)
- Minority Business Development Agency (MBDA)
- National Oceanic and Atmospheric Administration (NOAA)
- National Weather Service (NWS)
- Office of Oceanic and Atmospheric Research (OAR)
- National Oceanic and Atmospheric Administration Commissioned Corps (NOAA Corps)
- National Telecommunications and Information Administration (NTIA)
- Patent and Trademark Office (PTO)
- National Institute of Standards and Technology (NIST)
- National Technical Information Service (NTIS)
http://en.wikipedia.org/wiki/United_States_Department_of_Transportation
Background Articles and Videos
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