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‘Like the end of a dream’: Family finds $300K in gold off Florida coast
A Florida family of self-described treasure hunters brought home the proverbial big score on Monday after recovering gold and jewelry estimated to be worth about $300,000. Raw Story
Submitted 1 years 272 days ago

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Oil company finds camel, horse fossils in western Oklahoma
CHEYENNE, Okla. — An oil company drilling in western Oklahoma has stumbled across a deposit of camel and horse fossils that date back roughly five million to 12 million years. Fuel Fix
Submitted 1 years 272 days ago

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Not Their (De)fault: House Republicans Think Tanking The Economy Will Make It Stronger
There are very few Americans with the means to make large purchases with cash, and for most people credit, the ability to obtain goods based on trust that payment will be made in the future, is a necessary fact of life. The idea of a nation making purchases on credit was crucial to the Founding Fathers who believed that borrowing money to finance their revolution was an absolute necessity. The young nation’s first Treasury Secretary, Alexander Hamilton, stated that “The United States debt, foreign and domestic, was the price of liberty,” and because the expenses for war exceeded its income, America borrowed money based on the trust payment would be made in the future. Politicususa.com
Submitted 1 years 272 days ago

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Georgia governor gets paid through secret PAC to obstruct Obamacare
Georgia Gov. Nathan Deal (R)’s family and business partner have been receiving payments from a secret Political Action Committee called Real PAC. Half a million dollars of the money donated to the PAC has come from corporate health care interests which — like the governor and Georgia state Insurance Commissioner Ralph Hudgens — oppose the implementation of the Affordable Care Act (ACA), also known as “Obamacare.” Rawstory.com
Submitted 1 years 272 days ago

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The Ted Cruz effect: How one man destabilized the government
Late in August, Sen. Ted Cruz, R-Texas, traveled to a private residence in Dublin, N.H., to headline a fundraiser for the state Republican Party. Cruz’s spiel lasted about an hour, and was packed with the mix of straw men and inflammatory nonsense we’ve come to expect out of the junior senator from Texas. Salon
Submitted 1 years 272 days ago

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Perry's economic development poaching isn't working anywhere
Regarding Texas Gov. Rick Perry's latest attempt at economic development poaching: He is pulling the same stunt in other states — and has been equally ineffective. In California several months ago, Gov. Jerry Brown and a bipartisan group of business and civic leaders challenged Perry publicly and sent him packing back to Texas with no deals in hand. Gov. Brown commented on the Perry ad: "It's not a burp. It's barely a fart." As I believe they say in Texas, "all hat and no cattle." St. Louis Today
Submitted 1 years 272 days ago

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Long-Term Economic Development Builds on Communities’ Existing Assets
Organizations like The Ford Foundation have found significant, measurable results reducing poverty through direct community action and careful impact tracking. The foundation developed a program called Wealth Creation in Rural Communities – Building Sustainable Livelihoods (now WealthWorks), which is documenting significant results on the ground in three of the highest poverty regions in the country – Central Appalachia, the Deep South, and the Lower Rio Grande Valley in Texas. Triplepundit.com
Submitted 1 years 272 days ago

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Out to lunch
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 272 days ago

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POLITICO Playback: Trump University, Syria


Politico
Submitted 1 years 272 days ago

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Think Too Much: Economic development work doesn't pay off overnight
Let’s imagine that you work as an economic developer. Your job, simply stated, is to leave the local economy stronger than you found it — with the general understanding that most of your constituents define that in terms of this simple equation: More jobs are better. Think Progress
Submitted 1 years 272 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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