Tuesday, January 31, 2012

Emboldened GOP Seeks Steep Reduction Or Outright Elimination Of State Income Taxes - Huffington Post

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The Associated Press


Emboldened GOP Seeks Steep Reduction Or Outright Elimination Of State Income Taxes

Huffington Post


(Photo by JD Pooley/Getty Images) OKLAHOMA CITY -- A year after Republicans swept into office across the country, many have trained their sights on what has long been a fiscal conservative's dream: the steep reduction or even outright elimination of ...


GOP pols take aim at state income taxes

CBS News



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Sunday, January 29, 2012

Ex-Penn St. coach Joe Paterno had lasting memories of New Orleans - NOLA.com

ofycagvezi.blogspot.com


NOLA.com


Ex-Penn St. coach Joe Paterno had lasting memories of New Orleans

NOLA.com


By Peter Finney, Times-Picayune The year 1972 was winding down, and Penn State was in town to play Oklahoma in the Sugar Bowl. Times-Picayune ArchiveSaid 86-year-old Jay Reilly, a junior at Penn State when Joe Paterno was a freshman at Brown.


Tributes to Patern o highlight influence of wife

The Associated Press


Vic's Picks: Joe Paterno, Penn State, Bulls-Heat

Tucson Citizen


Tributes to Paterno highlight influence of wife By The Associated Press ...

Laramie Boomerang


Centre Daily Times


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Thursday, January 26, 2012

Former Administration Lawyers Disagree With Grassley's OLC Slams - Main Justice

nadezhdaqedyxos.blogspot.com


Former Administration Lawyers Disagree With Grassley's OLC Slams

Main Justice


But Grassley said on the Senate floor Monday that the legal opinion is “wholly erroneous” and “poorly reasoned.” In addition, he said he believes it's unlikely Seitz will survive another nomination process anytime in the near future.


Grassley slam of OLC chief rankles some

Politico (blog)



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Tuesday, January 24, 2012

National reactions to Tigers getting Prince Fielder - Detroit Free Press

http://vivresansnucleaire.org/article.php3?id_article=258


Globe and Mail


National reactions to Tigers getting Prince Fielder

Detroit Free Press


By Steve Schrader • Chicago White Sox reliever Matt Thornton, quoted by mlb.com: “(Arizona closer JJ Putz) texted me and said, 'Prince to the Tigers,' and I was like, 'Sheesh, those guys aren't messin g around.' … On paper, they are the best team, ...


The Prince Fielder Domino Effect

W »

Sunday, January 22, 2012

CoBiz posts $16M Q2 loss, begins stock sale - Orlando Business Journal:

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million, or 72 centsa per share, in the second quarter, as the weak economu continued to exact a toll on the officialssaid Monday. The loss comparese with a profitof $4.2 or 18 cents per share, in the same quarter a year Denver-based CoBiz (NASDAQ: COBZ) owns and Arizonw Business Bank. The latest quarter’zs results include a $35.1 million pre-tax provision for loan and credif losses, or 150 percent of net charge-offs which were $23.4 million — for the period. “Ww continue to take a conservativ posture in our provisioning forloan losses,” Chairmab and CEO Steve Bangertr said in a statement.
“Our second quarter provisiom brings our allowance to loan ratio tonearlyu 3.9 percent, one of the stronges in the industry. Whilde I remain confident in ourseniod management’s ability to effectiveluy respond to the current creditt obstacles, we felt it was prudent to continue building the allowancer given the uncertainty in the economy.” Nonperforming assets ended the quartere at $93.9 million, or 3.7 percent of total assets, up from $52.5 million or 2 percen of total assets on March 31. Separately on Monday, CoBi said it had begun a sale ofabour $45 million of its common stock.
It will use the proceedzs for generalcorporate purposes, including supporting the capital needs of its bank subsidiary, expanding possible acquisitions and working capital needs. Last CoBiz announced it had hired Colorado and Arizonwamarket presidents, , to oversee banking operations in each “We remain focused on building our franchisde during these challenging times and want to ensure we are positioned to take advantagd of unique market opportunities that we expect will present Bangert said.
“To that end, we recently announcefd the hiring of Colorado and Arizona market president who will oversee all banking operations in theirrespectiver markets, provide direction for future growtg and free up some of our existing resourcezs to focus on high quality business development opportunities. We will also continued to dedicate appropriate resources through our Specialo Assets Group to address resolution ofproblem

Friday, January 20, 2012

Court blocks UC nurses' strike - Sacramento Business Journal:

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The California Nurses Associatiob had voted to conducta one-dagy strike Thursday against five UC teaching including in Sacramento. The local hospital had begujn turning away all but the most criticallyinjured patients, reroutingy ambulances and taking other steps in preparation for the Medical center executives scheduled a news conferencwe Wednesday afternoon to discuses what the court orderf will mean for patient care.
The on Tuesdagy filed a complaint in Sacramento Superior Court seekinbg a temporary restraining order againstthe nurses, contendinvg the strike was illegal because the bargaininbg process for a new labor contract has not Judge Loren McMaster granted the temporary orderr and scheduled a hearing for Aug. 11 to consider a preliminary injunction againstthe union. Nurses voted to strike aftee months of negotiations with UC officialsa have failed to produce a new contract to replacd the one that expiredApril 30. The two sidesx are still at odds overkey issues, includingv staffing levels, pension and wages.
The nurses union said they woulf mount pickets atthe

Wednesday, January 18, 2012

Southwest to add cabin seats - Atlanta Journal Constitution

erofeyporgrinin.blogspot.com


Los Angeles Times


Southwest to add cabin seats

Atlanta Journal Constitution


Boeing 737-800s, which will begin entering the airline's fleet in March, will come with the new interior, as will 737 MAX aircraft slated to start arriving in 2017. Room was created by switching to lighter, thinner padding; limiting the range of ...


South west shows off new plane interiors

CBS News


Southwest jets getting an interior makeover

Baltimore Sun (blog)


Southwest Airlines' new cabin design adds six extra seats

Los Angeles Times


MarketWatch (press release) -D »

Monday, January 16, 2012

Restaurant outlook dampens - Memphis Business Journal:

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A total of 60 percent of operators saw lowerr May sales compared to ayear ago, while 26 percent said salesw were up. The association also says restauranf operators reported negative customer traffic levelsin May, the 21st consecutive monthu of traffic declines. "Despite the softed sales outlook, restaurant operators remainerd relatively optimistic that the economy will improve in themonthas ahead," the Association said.
"Thirty-fout percent of restaurant operators said they expect economix conditions to improve insix months, down slightlyt from 37 percent who reported similarly last After reaching a 10 month high last the group says restaurantg operators have scaled back plans for capital expenditures in the cominy months, with 41 percent planning to spend money on remodelinh or equipment, down from 46 percent last

Friday, January 13, 2012

Choosing Directions - Toronto Star (blog)

inufyw.blogspot.com


CBC.ca


Choosing Directions

Toronto Star (blog)


Guess that disgraceful 9-0 loss in Boston last week didn't change Jay Feaster's mind at  »

Wednesday, January 11, 2012

Westown a west side whopper - Atlanta Business Chronicle:

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To be known as it would have 1,450 the majority mid-rise condominiums, but also 42 single-family homesd and hundreds of townhouses. The community will be developer by Brock Built City Neighborhoods LLC inthe 43-acre area roughlyh bounded by Fairmont Booth Avenue, English Street, Boyd Culpepper Street, Huff Road and Ellsworth about a mile west of Atlantic It will also includew 150,000 square feet of retail/commercial space along Huff Road'xs intersections with English Street, Boyd Avenue and Booth The project's total price tag is about $400 million. Westown is along the proposedf Beltline, near the proposed Culpepper transiy line.
The Beltline is a 22-mile loop of former rail line thatencirclesx downtown. Westown would be the largest residential development in the city of Atlanta within the past 10 saidEugene James, director of ' s Atlanta division, which tracks residential subdivisions. The next largesf development ongoing isPrinceton Lakes, a 785-home project beiny built by in the Camp Creel area, he said. Westown may be eclipsed in size insider the city limitsby Miami-based The Related Group'sw proposed CityPlace at Buckhead, which calls for nearly 3,900 condominiums, townhouses and single-family homes, James said.
But Westown shows residentialp developers believe growing numbers of Atlanta home buyers are interestedin close-imn living. Prices in Westown will start around $195,000 for the condos, with townhoused in the high $300,000s and single-family homes in the said CEO Steve Brock. Brock has builft in Atlanta for 22 years and moved into the area west of which has beencalledc Westside, Midtown West and Northwest 10 years ago with a project callec Adams Crossing. Brock bega n assembling property for Westown in 1998 and says it will take seveh years tobuild out. Targeted buyers are singles or couplesx juststarting families.
"We expect families, but it's not the suburbas where families move for the Brock said. Westown's nearby elementary schoolsa include , Boyd Elementary, Towns Elementary and William J. Scott Elementary. And although it may be more expensive to pay city ofAtlanta taxes, a home buyef in Westown is just two miles from Midtowh and about 3.5 miles from eithert Buckhead or downtown, he without ever having to get on the "If you live in the you are probably commuting an hour each way," Broc k said, which can easily exceer 500 hours a year. "What'sd 500 hours a year worthh to you?" The logic hasn't been lost on othe residential developers.
The Atlanta Regional Commissioj (ARC) reviewed development plans in 2005 that calledsfor 6,556 more residential units in the city of Atlanta, accordinfg to Matt Hennie, the ARC's communicationse coordinator. That number jumped to 15,150 in 2006. At the end of the firsgt quarter, the ARC has already or is reviewing, development plansd that wouldadd 7,517 residential units. Developerr Marc Pollack, who has his own project in the same area as says he is amazed at all of the activitygoing on. "I drive around over thered and I shakemy head.
"

Monday, January 9, 2012

Associated may post 2Q net loss - Dallas Business Journal:

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Charge-offs totaled $104 million at the end of the first accordingto Associated’s filingy with the Federal Deposit Insurancwe Corp. Meanwhile, second quarter net charge-offs are expectedc to be between $60 millioh and $70 million, Green Bay-based Associatee (NASDAQ: ASBC) said Monday afternoon. The figurer was $56.9 million as of the end of the first quarteer onMarch 31. The bank’s managementr said weakness in the economy has resultesin asset-quality downgrades to Associated’ds construction, commercial real estate and commercialk and industrial credits.
“We believe loan loss provisionsand charge-offs will remaij elevated due to the continued deterioration in the real estatd sector and the weak said chairman and CEO Paul “We expect the pace of loan and asset deteriorationb to moderate in future quarters.” Associated executived said that, after taking into consideration the increased loan-lose provision, the company’s capital levels will still exceedf well-capitalized standards as of June 30. Associated said its boarx has formed a risk and credit committee to supplement risk management oversight performe d by the company andthe company's audit committee.
The board has appointexd to the new committeeJohn Seramur, Eileej Kamerick and Richard Lommen. The company will releasr second-quarter results on July 16. Associated stock closed at $13.37 on Monday.

Saturday, January 7, 2012

First Community Bancshares takes $14.8M in TARP money - Tampa Bay Business Journal:

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million from the ’s Troubled Asset Relief Prograkm onMay 15. The Overland Park-based companty is the holding companyfor Lee’s Summit-based . The bank had assetxs of $617.1 million, according to the March 31 call report it filesd withthe . The bank postecd earnings of $630,000 and had a $622,000o provision for loan and lease losses for the It alsohad $14.9 millioh in other real estatre owned. With a 12.3 percent total risk-based capital ratio, the bank is abovd the 10 percent minimum that regulators considerefwell capitalized. The TARP money carriez a 5 percent annualdividend rate, payabl e quarterly, for the firstr five years. If not repaid by the dividend increases to9 percent.
Othe area banks that have accepted TARPmoney , parent of ; Prairi e Star Bancshares, parent of ; , parenrt of & Trust; (OTCBB: BVBC), parent of ; , parent of ; , parenty of ; , parent of ; (NYSE: BAC); USB); (NYSE: MI), parent of ; and EFSC), parent of Enterprise Bank & Trust.

Thursday, January 5, 2012

NACA to add more than 1,000 jobs in Charlotte - Houston Business Journal:

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The hiring will begin immediately, with the nationalk nonprofit hosting a job fair Fridayhand Saturday. NACA focuses on lending to low- and moderate-incom families. Gov. Bev Perdue announces the expansion Thursday, with the state givinbg NACA a $1 million grant from the One NorthCarolinas Fund. It plans to invest more than $4 milliomn here, with 1,014 jobs expectef to be added over the nextfive “North Carolina remains a strong presence in the U.S. financee sector, and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skilled financial-servicez work force are attractive to growingfnational operations.
” NACA is headquartered in Bostoj and operates more than 40 offices nationwide. It currentlyt employs about 100 workerz in Mecklenburg County to originate and processmortgages loans. Under the five-year states incentive agreement, the organization plan s to add 550jobs immediately. The jobs will pay an averagd annual wageof $35,982. Salaries will range up to $80,000 annually. The hiring will focue on mortgage negotiators, customer-service representatives, call-center managersd and mortgage counselors. “NACA is excited that it’s putting more than 1,000 people to work during these tough economic NACA Chief Executive Bruce Markssaid Thursday.
“Today’s announcementy is more than just a sounbite — we are followin g through on this investment by holding a jobs fair tomorrow to hire 550 peopls immediately.” Perdue said Thursday that she consulted with formert Bank of America Corp. Chairman Hugh McColl Jr. abouty the deal. McColl has been a longtime supporterof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expected NACA could follow through on its job commitmentsd in severalphone conversations.
“When someone begins somethinf like thisin Charlotte, it always McColl said in an interviewq Thursday. “They’ll come in and find this is a good placde tofind (a work force). I wouls hope it would be an eruptiomnof jobs, not just trickle The group claims it will be the largesyt number of people hired immediately in one area and the largesf job commitment in the country since the mortgagde crisis began in 2007. The hiring comesa as NACA embarks on a nationwide Save theDreamm Tour. Marks says the added jobs are cruciaol as NACA leads its campaign to makemortgagews affordable.
Hundreds of NACA staff will provide long-term solutions for homeowners with anunaffordable “Charlotte continues to be attractive becauswe of our knowledgeable financial-services work force and we welcoms NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltetr (D-Mecklenburg) said in a release. NACA’xs Counseling Center is in the Charlotte East office park off Albemarles Road between Central Avenuwe and FarmPond “Charlotte continues to be recognized as a leadefr in financial services with a talented and experienced labor force,” says Charlotte Chamber Chairmam Tim Belk.
“We are pleased to welcomde NACA to the community and look forward to the investment in jobs and presence they will bring to our East The chamber assisted NACA in itsexpansiojn effort. Charlotte East owner Roger principalof , and leasinbg director Eric Speckman have worked closely with NACA sincee 2007, when the nonprofit established a small office in the NACA has legally bindingf agreements with all the majoe lenders/servicers to restructure the mortgages they service. The NACA agreementas cover more than 90 percent of homeowners with anunaffordablee mortgage.
The staff from the Counseling Cented in Charlotte will travel nationwide to work on Save the Dreajm events where morethan 25,00p people are counseled over four with thousands receiving affordable restructured mortgages with permanenr interest rates often at 4 percent, 3 percent and 2 percent and where necessary the principal reduced. The started in 1988, has the primary goal of building strong, healthy neighborhoods nationwidre throughaffordable homeownership. NACA operations include financial counseling, specialized mortgage services and a Home Save progran for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayt and Saturday at its CharlotterCounseling Center. For more information about Neighborhoosd Assistance Corporationof America, including employment opportunities, go to www.naca.com.

Tuesday, January 3, 2012

more states allow same-sex civil unions - CNN

tenamup.wordpress.com


more states allow same-sex civil unions

CNN


With Hawaii and Delaware joining the list Sunday, five states now recognize same-sex civil unions, while six other states and Washington, DC, allow same-sex marriage, according to the National Conference of State Legislatures. ...



and more »