Review the current impact of Mississippi River transportation on agricultural markets


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The Stock Market, explains the functions and history of the stock market and its involvement with the 2007 credit crunch. In addition, firsthand accounts of real people are featured in which their stories are brought down to a personal level for the reader. Additional features include: a table of contents, glossary, index, color photographs, discussion points, and recommended books and websites for further exploration.




Legislative Calendar


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CIS Annual


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Review of the U.S. Army Corps of Engineers Restructured Upper Mississippi River-Illinois Waterway Feasibility Study


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For the past few years, the Corps has been working on what is known as the Restructured Upper Mississippi River-Illinois Waterway Feasibility Study, the heart of which is a multibillion-dollar proposal to double the length of up to a dozen locks on the river. The Research Council first reviewed the feasibility study in 2001 during controversies over the accuracy of models being used by the Corps to justify lock expansion based on increased demand for barge transportation. More than 100 million tons of cargo-half of it grain destined for international markets, the other half goods such as construction materials, coal, and chemicals-are shipped along the navigation system each year. The locks, which along with dams allow barges to traverse uneven river depths, were originally designed for "tows" of barges up to 600 feet long, but the length of a typical tow has increased, forcing the Corps to look for ways to relieve congestion. The book finds the U.S. Army Corps of Engineers has made good progress in broadening its proposed plan for navigation improvements on the Upper Mississippi River-Illinois Waterway system to give greater consideration to ecological restoration. However, the plan still does not provide sufficient economic justification for expanding locks on the rivers because of flaws in the models the Corps used to predict demand for barge transportation. Little attention is paid to inexpensive, nonstructural navigation improvements that could help better manage existing levels of barge traffic. The revised plan has been usefully expanded to include many creative and potentially useful ecosystem restoration measures. These measures, however, should be more firmly grounded in river science principles and more broadly consider ways the river's ecology might affect or be affected by navigation, recreation and other uses.




Review of Federal Farm Policy


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Iran appears to be pursuing an assertive foreign policy that confronts the U.S. on a variety of points: the Middle East peace process, the stability of moderate Muslim states, terrorism, security in the Persian Gulf, and nuclear proliferation. However, its intentions are by no means clear. This document discusses these issues. Contents: domestic politics and strategic intentions (Iran's foreign policy and internal crisis); Russia and Iran; Iran's military intentions and capabilities (Iran's strategic aims and constraints, assessment of Iran's military buildup).