Reuters – Residents of normally picturesque upstate New York towns struggled on Wednesday to dig out from devastation left by Hurricane Irene, which destroyed homes, cut off roads and threatened the local economy.
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Archive for August, 2011
Upstate New York surveys damage, worries about local economy (Reuters)
Washington Partisans Pick Up Right Where They Left Off
Job creation may be the biggest issue facing the nation this fall, but it’s not what set off the latest test of wills between the White House and Republican leaders of Congress on Wednesday. » E-Mail This » Add to Del.icio.us
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Hurricane closes tough summer for automakers (AP)
AP – Car sales likely slowed in August because of fewer discounts, worries about the economy and Hurricane Irene, which shut East Coast dealerships during the final weekend of the month.
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Panel Finds Widespread Waste In Wartime Contracts
An independent commission found that lax oversight of contractors, poor planning and corruption have resulted in losses of “at least $31 billion, and possibly as much as $60 billion” during the wars in Iraq and Afghanistan. The panel also concluded that there has been a “tremendous over-reliance” on contractors by the U.S. government. »...
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Huntsman Jobs Plan Would Revolutionize Nation’s Tax Code; Eliminate Cap Gains; Lower Corporate Rates
Republican presidential longshot Former Utah Gov.Jon Huntsman will introduce his plan to jump-start the nation’s economy — and he’ll start by revolutionizing the nation’s tax code. According to a statement from his campaign obtained by POLITICO’s Mike Allen: “Huntsman will advocate a dramatic, revenue-neutral restructuring of the tax code that will remove all loopholes,...
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Obama says Congress must pass transport bills (Reuters)
Reuters – President Barack Obama, seeking to preserve jobs in a tough economy, urged Congress on Wednesday to not hold up temporary funding measures for aviation and highway spending.
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Texas A&M Says Its Leaving The Big 12
The move, which had been expected, may set off another round of conference realignment in college sports. The Aggies have made it clear they want to join the 12-member Southeastern Conference. » E-Mail This » Add to Del.icio.us
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Colorado logger cuts off toes after foot is pinned (Providence Journal)
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Eurozone inflation data suggest no more rate hikes (AP)
AP – Inflation in the 17 euro countries remained steady at 2.5 percent in August, adding to expectations the European Central Bank will hold off from raising interest rates — and may even consider cutting them — as economic growth slows.
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Obama to urge approval of stop-gap air, road bills (Reuters)
Reuters – President Barack Obama will urge Congress on Wednesday to approve stop-gap aviation and transportation infrastructure legislation to temporarily maintain funding for airport and road construction projects and preserve jobs in a tough economy.
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Too Many Days Hath September (And Baseball)
Baseball’s season is just too long — or at least, that’s the opinion of Frank Deford, who provide some suggestions for improvement. One idea: Let more teams into the playoffs. » E-Mail This » Add to Del.icio.us
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The Mega-Merger: The United States and Canada
“Go big or go home.” That’s the advice that the collective pundit chorus is chanting at President Obama. Small ball isn’t going to get the job done, they say. The chorus has seen this movie before—it was called the Carter Presidency—and they know how it ends. It ends badly. Alas, the chorus’ idea of...
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