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Guess who's raising money for Romney: Bigwigs from private equity firms
Mitt Romney faces continued criticism over his refusal so far to release the names of his campaign “bundlers” -- the big money fundraisers who have helped him rake in tens of million dollars for his presidential race. But two invitations to Romney private fundraisers, obtained by NBC News, reveal where many of them come from: big private equity firms. It's the same corporate buyout industry where Romney, as chief of Bain Capital, made his personal fortune and which, in recent days, has become a campaign lightening rod. NBC's Michael Isikoff
Submitted 1 years 157 days ago

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Obama fundraising could fuel a small economy
President Obama says a campaign is like an investment. If so, his is one of the most expensive start-ups of all time -- having raked in $750 million in 2008 and potentially on track to surpass that amount in 2012. His campaign and the Democratic Party raised $224 million in 2011 alone, more than the Republican field combined. In a flagging economy, it may be hard to fathom not only where that money is coming from but also what it could buy if it were diverted elsewhere. Foxnews.com
Submitted 1 years 157 days ago

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Music City Center loses a pair of conventions
As many as three groups that had planned to be among the first to use Nashville’s Music City Center convention hall when it opens in 2013 will meet elsewhere because of concerns the massive building may not be ready by their meeting dates. The Tennessean
Submitted 1 years 157 days ago

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Dems clearing path for potential House run by Kennedy
A week after Joseph P. Kennedy III said he was mulling a run to replace Rep. Barney Frank, a Massachusetts Democrat who is retiring, would-be primary challengers are beginning to step aside. Democratic state Sen. Marc Pacheco, who had considered running for the seat, said this week that he won't jump into the race and instead will back Mr. Kennedy. And Fall River Mayor Will Flanagan also said this week he would stay put and not seek the Democratic nomination. The Washington Times
Submitted 1 years 157 days ago

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Alabama tornadoes: Helmets provide inexpensive storm protection, UAB researchers say
BIRMINGHAM -- UAB researchers say that motorcycle helmets, football helmets and bicycle helmets offer a practical, inexpensive solution to reducing the risk of head injuries during a tornado and are calling on the federal Centers for Disease Control to incorporate the advice in its tornado preparedness messages. "It's such a common sense idea that we wonder why it hasn't caught on," said Scott Crawford, an epidemiologist and one of authors of "Safety Helmets: A Practical Inexpensive Solution for Reducing the Risk of Head Injuries Resulting from Tornadoes." The Birmingham News
Submitted 1 years 157 days ago

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Alabama Democratic Party lawyers fight call to remove black Jefferson County judge in Obama ballot suit
BIRMINGHAM, Alabama -- Lawyers for the Alabama Democratic Party chairman filed an official objection Thursday to a Luverne man's request for a black Jefferson County judge to step down from his lawsuit challenging President Obama's candidacy. Harold Sorensen, who filed the recusal motion Monday, has no evidence to support "his baseless and unfounded allegations of bias" that Circuit Judge Helen Shores Lee cannot fairly decide the suit, said the motion, filed by lawyers for state party chairman Mark Kennedy. On Monday, the same day Sorensen filed his suit in Jefferson County Circuit Court, Lee dismissed a similar suit filed by a Birmingham man. The Birmingham News
Submitted 1 years 157 days ago

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Alabama schools earn C in latest Quality Counts study by Education Week magazine
MOBILE, Alabama -- Alabama schools earned an A- for stringent academic standards set by the state but only a D for the way students are actually performing, according to the latest Quality Counts study by Education Week magazine. That means improvement in a long-struggling state could be on the way, said Amy Hightower, who directed the Quality Counts study. Rena Havner Philips, Press-Register
Submitted 1 years 157 days ago

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Alabama AG expects state to fare well in oil spill trial, but doesn't rule out settlement
MONTGOMERY, Alabama --- Alabama's attorney general expects the state will fare well in the upcoming trial over the 2010 Gulf of Mexico oil spill, but said he would still welcome a settlement provided it is "fair." The trial over liability for the 2010 spill will begin Feb. 27 in New Orleans. "It will be a huge priority for us because of the magnitude of the damages from an environmental and economic standpoint. The dollars at stake for the state are huge," said Attorney General Luther Strange. The Birmingham News
Submitted 1 years 157 days ago

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Stephen Colbert is contemplating presidential run


Submitted 1 years 157 days ago

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Romney: Income inequality is just 'envy'
NEW YORK -- According to Mitt Romney, the nation's growing focus on income inequality is all about envy. "You know, I think it's about envy. I think it's about class warfare," the leading Republican presidential candidate said Wednesday on The Today Show. When asked if there are any fair questions about wealth distribution, Romney replied, "It's fine to talk about those things in quiet rooms and discussions about tax policy and the like." (CNNMoney)
Submitted 1 years 157 days ago

 

 

 

Features & Opinion

 

We thought this Top 10 was timely after hearing about Texas Gov. Rick Perry's radio ad campaign in the winter quarter that targeted California companies. In the ad, which ran on stations throughout the Golden State, Perry says, "Building a business is tough, but I hear building a business in California is next to impossible." With that in mind, here are ten great locations in the South for relocating California companies.

 

 

 FEATURE  
By Mike Randle
That headline represents the first eight words to the song titled "Mexican Radio" by the band Wall of Voodoo. The big hit from 1982 (No. 58 U.S. and No. 18 Canada) that was played about a dozen times a day on MTV in the music video era is awesome. The song was popular with the creative class (before anyone knew what the creative class was until Richard Florida told us), is often heard today on some of the most listened-to Internet stations such as Radio Paradise. Go ahead and buy some Mexican Coke at Sam's (that would be Mexican Coca-Cola), sit back, bring up "Mexican Radio" on YouTube and enjoy.
 

 

FEATURE     
By Mike Randle
Do you think it was a coincidence that after Airbus broke ground on its $600 million, 1,000-employee A320 plant in Mobile, Ala., on April 8, that Boeing topped that deal by announcing it would invest another $1 billion and add 2,000 workers at its new 787 Dreamliner plant in Charleston, S.C., just 24 hours later?
 
 
Editor's note: This article was the cover story of the latest edition of Southern Business & Development magazine, the parent company of The Randle Report. "It's good to be Nashville right now," said Nashville Mayor Karl Dean in a wonderful story about his city titled, "Nashville's Latest Big Hit Could Be the City Itself," published in the January 8, 2013 edition of The New York Times. The piece began with this: "Portland knows the feeling. Austin had it once, too. So did Dallas. Even Las Vegas enjoyed a brief moment as the nation's ‘it’ city. Now, it's Nashville's turn."
 


 

 

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