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POLITICO Playback


Submitted 1 years 285 days ago

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Why President Obama is losing the drone war
President Barack Obama tried Thursday to offer a simple assurance: He isn’t claiming the power to have drones kill an American not “engaged in combat” on U.S. soil. The statement, delivered in the form of a 43-word letter from Attorney General Eric Holder to Sen. Rand Paul (R-Ky.), seemed intended to provide the unequivocal declaration Paul and his supporters were demanding when he mounted a nearly 13-hour, old-fashioned filibuster on the Senate floor Wednesday. Politico
Submitted 1 years 285 days ago

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Sturdy job gains offer bright sign for economy
(Reuters) – U.S. employers added a greater-than-expected 236,000 workers to their payrolls in February and the jobless rate fell to a four-year low, offering a bright signal on the economy’s health. The data from the Labor Department on Friday showed the economy gaining traction despite the blow from higher taxes and deep government spending cuts. "This was a strong number and one of those rare cases where we were firing on all cylinders," said Jacob Oubina, a senior U.S. economist at RBC Capital Markets in New York.
Submitted 1 years 285 days ago

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Unemployment Falls to 7.7 % as 236,000 Jobs Are Added
U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low and suggesting the economy has enough momentum to withstand the blow from higher taxes and deep government spending cuts. Nonfarm payrolls surged 236,000 jobs last month, the Labor Department said on Friday, handily beating economists' expectations for a gain of 160,000.The jobless rate fell to 7.7 percent, the lowest since December 2008, from 7.9 percent in January. The decline reflected gains in employment as well as people leaving the labor force. The Fiscal Times
Submitted 1 years 285 days ago

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The Rebound in Americans’ Net Worth: Real or Not?
The slow and not-so-steady climb back from the Great Recession is nearing another milestone. The total net worth of U.S. households and non-profits is nearly back to 2007 levels, according to flow of funds data released by the Federal Reserve. A rebounding housing market and booming stock market helped household net worth climb $1.17 trillion over the fourth quarter of 2012. The increase brought total net worth for households and non-profits up 9 percent from the end of 2011to nearly $66.1 trillion. That’s the highest it’s been since the end of 2007, when the net worth for those categories totaled $66.12 trillion. The Fiscal Times
Submitted 1 years 285 days ago

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Gov. McCrory uses big incentives to lure MetLife jobs
The insurance giant MetLife plans to add more than 2,600 high-paying jobs in Cary and Charlotte over the next three years after being awarded a state incentives package worth more than $94 million this morning. MetLife expects to invest $125.5 million as part of the project. “We’re proud that a strong corporate partner like MetLife has decided to invest in North Carolina,” said Gov. Pat McCrory in a statement. “These jobs will complement our financial services sector in Charlotte and our high-tech hub in Wake County, two distinct sectors we want to expand.” The News & Observer
Submitted 1 years 285 days ago

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F1, Take One
Special precautions were in order. You needed only look skyward one weekend last November to realize it. Helicopters hoisted bigwigs from various spots in Austin to the recently constructed Circuit of the Americas, where the city’s inaugural Formula 1 Grand Prix would be held on Sunday, November 18. Rich people filled the skies like a late-season mosquito hatch, and many Austin residents shut themselves in their houses to wait out the infestation. Texas Monthly
Submitted 1 years 285 days ago

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Rand Paul: ‘Seriously’ weighing 2016 bid


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Charles Krauthammer: Rand Paul filibuster was 'genius'
Charles Krauthammer says Sen. Rand Paul’s filibustering was a “genius” political move. “It was genius,” Krauthammer, the conservative columnist and commentator, said on Fox News on Thursday. “Look, I would call it a stunt except for the fact that he was entirely sincere and he was entirely right. I mean, after all, how many Americans are there who believe that the president, if he doesn’t like the cut of your jib or thinks you might be a little treasonous has the right to launch a drone-launched missile through your dining room, when you’re sitting down to a pot roast with your family?” Politico
Submitted 1 years 285 days ago

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Reince Priebus: Rand Paul filibuster 'completely awesome'
Republican National Committee Chairman Reince Priebus says Sen. Rand Paul’s 13-hour filibuster was so “completely awesome” that he couldn’t fall asleep. “I think it was completely awesome. I was excited about it myself. I couldn’t go to bed. I’m still excited about it,” Priebus told reporters on Thursday in Des Moines, Iowa, after meeting with grass-roots Republicans, according to video posted by The Des Moines Register. Politico
Submitted 1 years 285 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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