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NATIONAL SCIENCE FOUNDATION: An independent agency of the U.S. Government whose main goals are: (1) to promote the progress of science, (2) to advance the national health, prosperity, and welfare, and (3) to secure the national defense. The National Science Foundation (NSF) funds research and education in science and engineering through grants, contracts, and cooperative agreements in all parts of the United States. The governing board of the NSF is the National Science Board, which is composed of 24 part-time members, appointed by the President and confirmed by the Senate. The NSF was established by the National Science Foundation Act signed by President Harry S. Truman in 1950.

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MONEY

Anything that is generally accepted in exchange as payment for goods and services. The emphasis is on "any" because any item or asset can serve as money so long as it is generally accepted in payment throughout an economy. While the key function of money is to act as a medium of exchange, money also functions as a store of value, standard unit of account, and standard of deferred payment

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BEIGE MUNDORTLE
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Today, you are likely to spend a great deal of time waiting for visits from door-to-door solicitors seeking to buy either an AC adapter that won't fry your computer or a case for your designer sunglasses. Be on the lookout for slow moving vehicles with darkened windows.
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Only 1% of the U.S. population paid income taxes when the income tax was established in 1914.
"The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires."

-- William Ward ‚ Texas Wesleyan University Administrator

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