Kelli Wells, director of U.S. Education for the GE Foundation, said all the Developing Futures sites have had a planning year where it takes some time for things to jell. "You can't just take the money and all the sudden start to spend it right away ... GE's large grant to MPS largely remains unspent
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Candidates preparing to pass the CCNP exams are putting together Cisco home labs like never before. With CCNA and CCNP home lab equipment, candidates have realized the importance of working on real Cisco routers and switches on the way to earning their CCIE certifications.
One question I get often from CCNP candidates is goes something like this: "I'm planning on pursuing the CCIE after I get my CCNP. What kind of routers and switches should I buy now in order to use the same equipment in my CCIE home lab?"
This is going to sound strange coming from me, because I'm the #1 proponent of CCNA and CCNP candidates buying their own home labs. When it comes to the CCIE, though, I have to say that you're probably better off using rack rentals instead of investing big money now to buy more expensive equipment with which to earn your CCNP Certification .
There are plenty of 2500 and 2600 routers out there that you can buy to prepare fully for your CCNA and CCNP exams that may not have the capability needed for IE preparation. (For instance, while 2500 routers are fantastic for CCNA and NP study, they shouldn't be used for IE study.) The issue with buying more expensive equipment is that Cisco rightfully updates the CCIE lab equipment list twice a year, and these moves can prove very costly for those who get caught in the middle of these changes.
Let me give you an example that I lived through myself. When I began pursuing the CCIE, Catalyst switches were in use in the lab. I had a Cat 5000 that I used for practice. When I was in the middle of my preparation, Cisco introduced L3 switched to the lab in the form of TWO 3550 switches. Not only was the Cat now almost useless for IE study, the new switches went for about $ 5500 apiece, so if I wanted to keep up with the new lab changes, it was going to cost me $ 11,000.
Again, I know that it's vitally important for today's CCNA and CCNP candidates to get hands-on experience with home labs. It's also great to think ahead when you're earning your CCNP, and pursuing the CCIE is one of the best decisions you'll ever make. Just keep this regular CCIE lab update in mind. I recommend that you keep your CCNP budget down while not investing in more expensive routers with the IE in mind, and wait until you have passed the CCNP and are actively engaged in CCIE study before making the decision between rack rentals and putting together your own IE lab.
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Question by �? Susy �? : Isn't what is happening in Greece, what is going to happen in the USA? The US is spending tremendous amounts of money that it doesn't have and ignoring fiscal responsibility. We in the US will also come on the time when we will have to default on our debts and make terrible spending cuts as well as huge tax increases. What will happen for instance when they either eliminate Social Security or cut it in half. Do you think this will happen in the USA?? ATHENS, Greece �?" Riots over harsh new austerity measures left three bank workers dead and engulfed the streets of Athens on Wednesday, as angry protesters tried to storm parliament, hurled Molotov cocktails at police and torched buildings. Police responded with barrages of tear gas. Tens of thousands of people took to the streets in a nationwide strike to protest new taxes and government spending cuts demanded by the International Monetary Fund and other European nations before heavily indebted Greece gets a euro110 billion ($ 141 billion) loan package to keep it from defaulting. http://news.yahoo.com/s/ap/20100505/ap_on_bi_ge/eu_greece_financial_crisis Best answer for Isn't what is happening in Greece, what is going to happen in the USA?:
Answer by Jimmy C
No . Obama's strategy is better than the greek one. They are cutting spending in greece, but you need to spend to get the economy moving to get through a recession.
Answer by Lightning From the East
Yes I agree, eventually it will, Obama sepcifically the DNC created this situation with our economy to get power in 06 when the Dem's won the midterms, they began influencing Freddy Mack, Fanny Mae, AIG and others to approve these High risk Loans, McCain caught it and told them they needed to stop doing that that it would cause a problem, Of course they did it for a reason, with the Mainstream media in their pocket, they Tanked the Stock market, Collapsed it and Blaimed it on the Bush Administraition to get their people elected, Look at this http://www.youtube.com/watch?v=vETPO9237B0 Obama's Deformed HealthCare Plan http://www.youtube.com/watch?v=8iO-lwamKgc&feature=related Obama's Pure Unadulterated Evil" Reverend James David Manning http://www.youtube.com/watch?v=rl0dTSOwyVs&feature=related The shocking video Barack Obama does not want you to see!! http://www.youtube.com/watch?v=Prhnc2fxAzg&feature=related
Answer by kenoplayer
I hope not, but it sure looks like it will happen. Especially if they go ahead with the health care reforms. That alone will cost hundreds of billions of dollars to implement. It will then cost tens of billions of dollars per year to maintain and administer on a continuous basis. With the tens of millions of Americans still unemployed and not paying any taxes, that means the government is not getting the money it needs to run the country without going further into debt. My guess is that in about 5 to 7 years from now, the countries of South America and Canada will have to join forces to bail out the USA. I hope I am wrong.
Answer by Drunken Hero
Greece is bankrupt and undergoing sovereign default. The bailout only delays the inevitable. There will be a run on the dollar but all paper currencies will take a severe haircut in the next 2 years.
Answer by Mark S
It's possible. Greece's problems came from their huge government. The government is over 50% of their GDP. They got to the point were the couldn't take in enough tax revenue to run their government. They started having problems paying the countries that they owe money to. The U.S is kind of in the same boat. Our government keeps getting bigger and bigger with new government programs and departments. We have a huge national debt. We already have some states that are in trouble. California is just about bankrupt. Sooner or later states will have to cut back on costs by reducing work force or cutting wages and benefits. At some point our treasury bonds won't be worth anything and China won't want them any more. And the government will be forced to raise taxes even though they promise not to. I don't think there is any way around it. The U.S. is going to have some pretty bad financial problems in the future.
