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  • NASA F/A-18 mission support aircraft were used to create low-intensity sonic booms during a research project at the agency's Armstrong Flight Research Center in Edwards, California. The Waveforms and Sonic boom Perception and Response, or WSPR, project gathered data from a select group of more than 100 volunteer Edwards Air Force Base residents on their individual attitudes toward sonic booms produced by aircraft in supersonic flight over Edwards. image credit: NASA/Jim Ross
  • As Fannin County Commissioners Court prepares to consider the proposed budget for FY 2014 - 2015 and the proposed tax rate for FY 2014 - 2015 at a special meeting July 31, the court will no doubt be trying to build on its notable fiscal success of the past three years.
  • Adelphoi, a local startup in McKinney, is helping entrepreneurs turn their ideas into real products and services. The visionary behind the company is President/CEO Steve Tucker. He believes everyone has at least one idea, and with the right support it can become a reality.
  • Michael M. Heller, President of VERIBANC, Inc., announces that Fannin Bank continues to meet all the financial conditions for our Green, Three-Stars safety rating. This recognition applies to VERIBANC's most recent analysis period, the first quarter of 2014. Our research shows for the past seven years (29 consecutive quarters), Fannin Bank has received VERIBANC's highest rating for financial safety and strength.
  • Love of learning doesn’t diminish with age. One Day College, offered by Grayson College’s Center for Workplace Learning, is designed for Texoma seniors age 60+ who want to experience college all over again – minus the homework and exams.
  • 1912 – birth of Milton Friedman, American economist, Nobel Prize laureate. Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and writer who taught at the University of Chicago for more than three decades. He was a recipient of the 1976 Nobel Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. As a leader of the Chicago school of economics, he profoundly influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century after John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century ... possibly of all of it." Friedman was an economic adviser to Republican U.S. President Ronald Reagan. His political philosophy extolled the virtues of a free market economic system with minimal intervention. He once stated that his role in eliminating U.S. conscription was his proudest accomplishment, and his support for school choice led him to found the Friedman Foundation for Educational Choice. In his 1962 book Capitalism and Freedom, Friedman advocated policies such as a volunteer military, freely floating exchange rates, abolition of medical licenses, a negative income tax, and school vouchers. His ideas concerning monetary policy, taxation, privatization and deregulation influenced government policies, especially during the 1980s. His monetary theory influenced the Federal Reserve's response to the global financial crisis of 2007–08.