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Watchdog: How Rick Perry set up a surveillance state of Texas
Former Gov. Rick Perry often boasts about a strong Texas economy and shares his die-hard belief in less intrusive government. One accomplishment he fails to mention: He presided over the creation of a secretive statewide surveillance detection network put in place by former FBI agents with assistance from former CIA personnel. Dallas Morning News
Submitted 1 years 326 days ago

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San Francisco vs. Texas face-off: Where would you live?
Our friends to the west, recently posted the feature "If it wasn't for Texas the world would be without these amazing things." That got us thinking. How would San Francisco's treasures stack up against Texas'? Granted, the Lone Star State is a lot bigger than the Bay Area — 268,580 square miles to just 2,474 square miles (San Francisco plus the four nearest counties), but size doesn't always matter. We compared Texas' selection of notable people, places and things with their San Francisco counterparts wherever we could. Mysanantonio.com
Submitted 1 years 326 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 326 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 326 days ago

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The U.S. Has Nearly 600 Coal Waste Sites. Why They've Got West Virginians Worried
Marsh Fork Elementary, deep in West Virginia coal country, is shut down and fenced in, a fine layer of dirt covering its once-cheerful sign: “Staff-Students-Parents Working Together.” Next door, the Goals Coal Prep Plant still plugs away, treating coal mined just a few miles away and pumping the byproducts of that treatment up into the sky. Yes Magazine
Submitted 1 years 326 days ago

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Texas has the nation’s No. 1 oil field
One Texas oil field has produced more than twice as much crude as any other field in the United States in recent decades. According to a new report by the U.S. Energy Information Agency, the Eagleville field in the Eagle Ford Shale of South Texas is the number one oil field in the nation, churning out 238 million barrels in 2013 — enough to meet national oil demands for about 12.5 days. Fuel Fix
Submitted 1 years 326 days ago

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Kentucky Is Not the Next Silicon Valley — And I Don’t Want it to Be
It seems that April is the month for spotting the "next Silicon Valley" in the press, from Utah to Seattle to Iowa, everyone wants to make a case for attracting hot new talent. Up until now, I've stayed out of the debate. But this week, just days before the Kentucky Derby, the Wall Street Journal ran an article about a software development effort in nearby Louisville that asked "Can You Build Palo Alto Culture in Kentucky?" Here's my response: Sure you can. But why try? Inc.com
Submitted 1 years 326 days ago

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GM is investing billions in its U.S. plants. Here’s why
When General Motors GM -0.06% makes a die for one of its enormous stamping presses that turns sheet metal into auto parts, each die first must be fine-tuned and validated. Otherwise, the resulting parts could be malformed. Fortune
Submitted 1 years 326 days ago

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House Republicans Try to Repeal Estate Tax and Give the 25 Richest Americans a $334 Billion Tax Break
Republicans in the House voted last month to do away with the estate tax, claiming they want to help small business owners. But the biggest beneficiaries of the tax’s repeal would be billionaires. Allgov.com
Submitted 1 years 326 days ago

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Cities Give Alleys New Life
Five years ago this month, The Nations was under water. More than 13 inches of rain had fallen in Nashville in 36 hours, causing waterways throughout the city to crest and spill over into nearby neighborhoods. Residents of The Nations, an industrial enclave west of downtown, had watched as Richland Creek came out of its banks, flooded homes and shopping centers, and forced some people to their rooftops. In all, the historic flood killed 11 people in Nashville and caused some $2 billion in damages to private property. Governing.com
Submitted 1 years 326 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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