http://www.newser.com/story/137395/2006-transcripts-show-fed-was-clueless-on-housing.html

 


By ERIC FELTEN

Federal agents swooped in on Gibson Guitar Wednesday, raiding factories and offices in Memphis and Nashville, seizing several pallets of wood, electronic files and guitars. The Feds are keeping mum, but in a statement yesterday Gibson’s chairman and CEO, Henry Juszkiewicz, defended his company’s manufacturing policies, accusing the Justice Department of bullying the company. “The wood the government seized Wednesday is from a Forest Stewardship Council certified supplier,” he said, suggesting the Feds are using the aggressive enforcement of overly broad laws to make the company cry uncle.

It isn’t the first time that agents of the Fish and Wildlife Service have come knocking at the storied maker of such iconic instruments as the Les Paul electric guitar, the J-160E acoustic-electric John Lennon played, and essential jazz-boxes such as Charlie Christian’s ES-150. In 2009 the Feds seized several guitars and pallets of wood from a Gibson factory, and both sides have been wrangling over the goods in a case with the delightful name “United States of America v. Ebony Wood in Various Forms.”

The question in the first raid seemed to be whether Gibson had been buying illegally harvested hardwoods from protected forests, such as the Madagascar ebony that makes for such lovely fretboards. And if Gibson did knowingly import illegally harvested ebony from Madagascar, that wouldn’t be a negligible offense. Peter Lowry, ebony and rosewood expert at the Missouri Botanical Garden, calls the Madagascar wood trade the “equivalent of Africa’s blood diamonds.” But with the new raid, the government seems to be questioning whether some wood sourced from India met every regulatory jot and tittle.

read more

http://online.wsj.com/article/SB10001424053111904787404576530520471223268.html?mod=WSJ_article_comments#articleTabs%3Darticle


OSI Systems Chief Executive Officer Joins US Presidential Visit to India

 

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that Deepak Chopra, Chairman and CEO, was selected to accompany US President, Barack Obama, to Mumbai and attended the US India Business Entrepreneurship meeting, which was held by the US India Business Council (US IBC). The goal of the meeting was to promote further trade between US and India.

Deepak Chopra, OSI Systems President and Chief Executive Officer, stated, “I am honored to be selected to play a role in this very important cause. Currently the trade between US and India is only one tenth of the amount of trade between US and China. There is substantial opportunity to improve the trade relations with India for mutual economic gain.”

The US India Business Council is a business advocacy organization representing America’s top companies investing in India, joined by global Indian companies, with an aim to deepen trade and strengthen commercial ties.

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

 

 

OSI Systems Inc
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com

Source: OSI Systems, Inc.

http://investors.osi-systems.com/releasedetail.cfm?ReleaseID=530184

http://www.osi-systems.com/

 

George Soros owned 11,000 shares of OSI until Monday night


By: Mark Hemingway
Commentary Staff Writer
06/11/10 10:17 PM EDT

At Investor’s Business Daily, Sean Higgins and David Hogberg have a doozy of a story:

Internal White House documents reveal that 51% of employers may have to relinquish their current health care coverage by 2013 due to ObamaCare. That numbers soars to 66% for small-business employers.

The documents — product of a joint project of the Labor Department, the Health and Human Services Department and the IRS — examine the effects new regulations would have on existing, or “grandfathered,” employer-based health care plans.

Draft copies of the documents were reportedly leaked to House Republicans earlier in the week. Rep. Bill Posey, R-Fla., posted them on his Web site Friday afternoon.  (View the full report here.)

The Associated Press is also on the story. Even they can’t ignore the dishonesty that was used to sell the health care overhaul:

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/White-House-Documents-51-percent-of-company-health-plans-wont-meet-Obamacare-guidelines-96189484.html#ixzz0qcQJmVIH