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President obamas advisory councils choices hurt entrepreneurs smallbusinesses and may confuse child by grehh hernjer





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President obamas advisory councils choices hurt entrepreneurs smallbusinesses and may confuse child by
Article Posted: 12/09/2012
Article Views: 227
Articles Written: 1951
Word Count: 890
Article Votes: 0
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President obamas advisory councils choices hurt entrepreneurs smallbusinesses and may confuse child


 
Business,Business News,Business Opportunities
Los Angeles, CA (PRWEB) May 27, 2012 It is alarming the President Advisory Council on FinancialCapability (PACFC) recently issued Tool titled "Money As You Grow"() has disclosure notices at all when other Tools like thosedeveloped by the Jumpstart Coalition, NEFE and mymoney.gov do not, said Sam X Renick, a nationally recognized expert in thefield of financial education for youth, creator of childrenscharacter Sammy Rabbit, and founder of the Its a Habit Company . It is also hard to understand why the website has an informationnotice explaining the President and PACFC's role in this Tool, aswell as a disclosure notice regarding the general nature of theinformation being provided by the Tool, yet the Poster when printedhas neither. As stated in a prior press release (see reference 1 below), SammyRabbit and the Its a Habit Team have numerous questions regardingthe Tool. Another issue that lacks clarity relates to the Council developing,promoting and asking others to promote its Tool.

That appearsunusual since Councils typically advise and do not enact. Itappears from the Tools website and Executive Order 13530 the Council is authorized to advise on ways to promote financialcapability versus actually developing tools to promote it. Development is generally the type of work contractors of all sizescompete for, normally subject to Federal Procurement Regulations,under Full and Open Competition, to a specific set of standards orrequirements. The Federal Procurement process and Regulations arehighly structured and disciplined.

And, they rightfully distinguishbetween research and testing. Testing is also an issue with theTools development. It is unclear what testing the Tool in itspresent adapted form has undergone. I suspect the U.S Militarywould not promote planes nor would parents promote baby aspirinthat had been drawn from research but had not been tested in itscurrent adapted form.

This specific issue could easily be resolvedby identifying on the Tools website the testing, language andsentence trade off studies and outcomes the Tool has undergone andproduced. The process that permitted this Tool to be issued appearsnot only poor from a development perspective but it is extremelyunfair and disadvantageous toward entrepreneurs and smallbusinesses because Full and Open Competition was not solicited. Being a good consumer requires one to compare, contrast and asklots of questions before buying, embracing or promoting anything.Yet, the Council and members of the media are asking consumers,users, and potential users to embrace and promote the Tool beforecomparing, contrasting and asking lots of questions. Although others may not agree, which surprisingly include U.S.

Newsand World Reports Alpha Consumer (see reference 2 below), SammyRabbit and the Its a Habit team are advising users, potentialusers, and consumers of the Tool to compare, contrast, and askquestions before they use and promote the PACFC Tool. What the Tool and reporting both need, are more clarity,transparency, testing, etc. Contact Person: Sam X Renick Company Name: It's a Habit Company (IAHC) Telephone Number: 323.223.1522 Email Address: savingsammy(at)gmail(dot)com About the Its a Habit Company (IAHC) IAHC is an award winning small business, comprised of Americanentrepreneurs, who are dedicated to teaching and promoting greathabits to children and families on a variety of topics includingmoney, reading, and writing as well as other important life skillsthrough live appearances, stories and songs from one of the world'slargest and growing audio collections on financial education. Sammy Rabbit and The Its a Habit team are proud to share: We have researched, tested and conducted hundreds of programs inclassrooms, auditoriums, child development centers, churches, andhomes around the globe over a twelve year period thanks in largepart to U.S. Military Families and the visionary leadership of theAir Force Aid Society (AFAS), the Department of Defense (DOD) and abroad assortment of other organizations.

We have developed and tested a wide array of multi media productsand programs that appeal to a variety of learning styles. Thesetools and services have earned awards for Its a Habit and otherorganizations at the University, corporate, and high school level.Furthermore, these tools have garnered recognition and praise fromseveral sources including educators, media, government, andindustry professionals. The effectiveness of Sammy Rabbit and the Its a Habit teams work isfurther supported by the national award winning research projecttitled Parents and Teachers as Wealth Coaches, initiated anddirected by the University of Maryland, and funded by the Annie E.Casey Foundation, and grants and gifts from State Farm®,Nationwide®, and several Maryland banking institutions. A power point report of the research project as briefed atChildren, Youth, and Families Education and Research Network(CYFER) can be found online at: cyfernet.ces.ncsu.edu/cyfdb_abstracts/abstracts/11831.php Information on the project may also be found in the Journal ofFamily and Consumer Sciences Spring 2010, Volume 102, Issue 2. You can learn more about IAHC by visiting its Facebook page: or its website References 1.

Sammy Rabbit and the Its a Habit Company, Inc. press releasetitled: Sammy Rabbit Has Serious Questions Regarding PresidentAdvisory Council Tool and Development. The press release can befound at: releases/financial/advisory/prweb9516075.htm 2. The U.S. News and World Report online column titled: BehindObamas Financial Literacy Message.

The story was written by theAlpha Consumer and can be found at: money.usnews.com/money/blogs/alpha-consumer/2012/05/21/behind-obamas-financial-literacy-message (Note: President Obama has a Council on Financial Capability) # # # Read the full story at releases/2012/5/prweb9548868.htm .

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