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Boondoggling
A boondoggle is a project that is considered a waste of both time and money, yet is often continued due to extraneous policy or political motivations. Etymology "Boondoggle" was the name of the newspaper of the Roosevelt Troop of the Boy Scouts, based in Rochester, New York, and it first appeared in print in 1927. From there it passed into general use in scouting in the 1930s. It was attributed to a boy scout from Rochester who coined the term to describe "a new type of uniform decoration". After the presentation of honorific boondoggles at a World Jamboree, the use of the word spread to other troops and branches. An Oakland scout troop presented a "boondoggle" as an award for attendees who spent seven days and nights at Camp Dimond. That boondoggle was described as a "red leather strip which terminates in a red wooden diamond on which is painted the number 1930." The "boondoggle" was described in the Ogden ''Standard-Examiner'' in 1930 as a hand-made item crafted from brigh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Waste
In public choice, a government failure is a counterpart to a market failure in which government regulatory action creates economic inefficiency. A government failure occurs if the costs of an intervention outweigh its benefits. Government failure often arises from an attempt to solve market failure. The idea of government failure is associated with the policy argument that, even if particular markets may not meet the standard conditions of perfect competition required to ensure social optimality, government intervention may make matters worse rather than better. As with a market failure, government failure is not a failure to bring a particular or favored solution into existence but is rather a problem that prevents an efficient outcome. The problem to be solved does not need to be market failure; governments may act to create inefficiencies even when an efficient market solution is possible. Government failure (by definition) does not occur when government action creates winners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heinemann (publisher)
William Heinemann Ltd., with the imprint Heinemann, was a London-based publisher founded in 1890 by William Heinemann. Their first published book, 1890's ''The Bondman'', was a huge success in the United Kingdom and launched the company. He was joined in 1893 by Sydney Pawling. Heinemann died in 1920 and Pawling sold the company to Doubleday, having worked with them in the past to publish their works in the United States. Pawling died in 1922 and new management took over. Doubleday sold his interest in 1933. Through the 1920s, the company was well known for publishing works by famous authors that had previously been published as serials. Among these were works by H. G. Wells, Rudyard Kipling, W. Somerset Maugham, George Moore, Max Beerbohm and Henry James, among others. This attracted new authors to publish their first editions with the company, including Graham Greene, Edward Upward, J. B. Priestley and Vita Sackville-West. Throughout, the company was also known for i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newfoundland And Labrador
Newfoundland and Labrador is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region of Labrador, having a total size of . As of 2025 the population of Newfoundland and Labrador was estimated to be 545,579. The island of Newfoundland (and its smaller neighbouring islands) is home to around 94 per cent of the province's population, with more than half residing in the Avalon Peninsula. Labrador has a land border with both the province of Quebec, as well as a short border with the territory of Nunavut on Killiniq Island. The French overseas collectivity of Saint Pierre and Miquelon lies about west of the Burin Peninsula. According to the 2016 census, 97.0% of residents reported English as their native language, making Newfoundland and Labrador Canada's most linguistically homogeneous province. Much of the population is descended from English and Irish settlers, with the majority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Churchill Project
The Muskrat Falls Generating Station is a hydroelectric generating station on the Churchill River (Atlantic), Churchill River in Newfoundland and Labrador, Canada. It is located downstream of the Churchill Falls Generating Station. The station at Muskrat Falls has a capacity of over 824 MW and provides 4.5 TWh of electricity per year. A $6.2 billion deal between Newfoundland and Labrador's Nalcor Energy and Halifax, Nova Scotia-based Emera to develop the project was announced in November 2010. On November 30, 2012, a federal loan guarantee deal for financing of the project was signed by Prime Minister of Canada, Prime Minister Stephen Harper, Premier of Newfoundland and Labrador, Newfoundland and Labrador Premier Kathy Dunderdale and Premier of Nova Scotia, Nova Scotia Premier Darrell Dexter. On December 17, 2012, the provincial government announced project sanction. Emera received approval to proceed with the Maritime Link from the Nova Scotia Utility and Review Board in 2013. Fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. The phrase "supply chain" may have been first published in a 1905 article in ''The Independent (New York City), The Independent'' which briefly mentions the difficulty of "keeping a supply chain with India unbroken" during the British expedition to Tibet. Overview A typical supply chain can be divided into two stages namely, produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zellers
Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted in Zellers losing significant ground in the 2000s. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announced its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, due to their lack of profitability, all of them would be liquidated and closed by March 31, 2013. Ultimately, all but three selected stores were closed in 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Write-down
A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income. Income tax In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by $25. Thus the net cost of the telephone is $75 instead of $100. In order for American business owners to write off business expenses, the Internal Revenue Service states that purchases must be both ordinary and necessary. This means that deductible items must be usual and required for the business owner's field of work. For example, a telemarketer may deduc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Target Canada
Target Canada Co. was a short-lived Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and by January 2015 was operating 133 locations throughout Canada. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire. Target Canada was ultimately unsuccessful, owing in part to an overly aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States and its Canadian rivals, particularly Walmart. The retail chain racked up losses of $2.1 billion in its lifespan, and was widely viewed as a failure, termed a "spectacular failure" by Amanda Lang of CBC News, "an unmitigated disaster" by ''Maclean's'' magazine an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berlin Brandenburg Airport
Berlin Brandenburg Airport () () is an international airport in Schönefeld, just south of the Germany, German capital and state of Berlin, in the state of Brandenburg. Named after the former Mayor of West Berlin, West Berlin mayor and Chancellor of Germany, West German chancellor Willy Brandt, it is located south-east of the city centre and serves as a base for Condor (airline), Condor, easyJet, Eurowings, Ryanair and Sundair. It mostly has flights to European metropolitan and leisure destinations as well as a number of intercontinental services. The new airport replaced Berlin Tempelhof Airport, Tempelhof, Berlin Schönefeld Airport, Schönefeld, and Berlin Tegel Airport, Tegel airports (with the former already closed in 2008, followed by the latter two in 2020), and became the single commercial airport serving Berlin and the surrounding States of Germany, State of Brandenburg, an area with 6 million inhabitants. With projected annual passenger numbers of around 34&nbs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by William F. Buckley Jr. in 1955. Its editor-in-chief is Rich Lowry, and its editor is Ramesh Ponnuru. Since its founding, the magazine has played a significant role in the development of conservatism in the United States, helping to define its boundaries and promoting fusionism while establishing itself as a leading voice on the American right. History Background Before ''National Review''s founding in 1955, the American right was a largely unorganized collection of people who shared intertwining philosophies but had little opportunity for a united public voice. They wanted to marginalize the antiwar, noninterventionistic views of the Old Right. In 1953, moderate Republican Dwight D. Eisenhower was president, and many major magazines such as the '' Saturday Evening Post'', ''Time'', an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Littoral Combat Ship
A littoral combat ship (LCS) is either of two classes of relatively small surface vessels designed for littoral warfare in near-shore operations by the United States Navy. It was "envisioned to be a networked, agile, stealthy surface combatant capable of defeating anti-access and asymmetric threats in the littorals", although their ability to perform these missions in practice has been called into question. Littoral combat ships are comparable to corvettes found in other navies. The and the are the two LCS variants. Each is slightly smaller than the U.S. Navy's earlier but larger than ''Cyclone''-class patrol ships. Each has the capabilities of a small assault transport, including a flight deck and hangar for housing two SH-60 or MH-60 Seahawk helicopters, a stern ramp for operating small boats, and the cargo volume and payload to deliver a small assault force with fighting vehicles to a roll-on/roll-off port facility. Standard armaments include Mk 110 57 mm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zumwalt-class Destroyer
The ''Zumwalt''-class destroyer is a class of three United States Navy guided-missile destroyers designed as multi-mission stealth ships with a focus on land attack. The class was designed with a primary role of naval gunfire support and secondary roles of surface warfare and anti-aircraft warfare. The class design emerged from the DD-21 "land attack destroyer" program as "DD(X)" and was intended to take the role of battleships in meeting a congressional mandate for naval fire support. The ship is designed around its two Advanced Gun Systems (AGS), turrets with 920 round magazines, and unique Long Range Land Attack Projectile (LRLAP) ammunition. LRLAP procurement was canceled, rendering the guns unusable, so the Navy re-purposed the ships for surface warfare. Starting in 2023, the Navy will remove the AGS from the ships and replace them with hypersonic missiles. The ships are classed as destroyers, but they are much larger than any other active destroyers or cruisers in the U.S. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
