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Virginia's George Allen unveils agenda that would weaken unions, end lawsuit against Boeing
Former senator George Allen unveiled his “Freedom to Work” agenda Wednesday, releasing a collection of proposals that would make it easier for workers to avoid joining unions and for the government to avoid having to strike labor deals or pay “prevailing wages” on public works projects. Allen, who unveiled his agenda at Dynax America Corporation in Roanoke, is the likely Republican nominee in the contest to succeed retiring Sen. James Webb (D). Ex-governor Timothy M. Kaine is expected to win the Democratic nod. Allen has sought to make labor policy a focal point of his campaign against Kaine, putting particular emphasis — as many Republicans have nationwide — on a controversial decision by the National Labor Relations Board to sue Boeing for allegedly deciding to open a new plant in South Carolina rather than Washington state in retaliation for worker strikes in the latter location. The Washington Post
Submitted 1 years 224 days ago

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Continental says S.C. expansion will employ up to 1,700
German tire maker Continental made it official today, saying it will build a $500 million plant near Sumter with up to 1,700 new jobs. Included in those jobs is a $4 million investment to expand the company’s U.S. headquarters in Lancaster County by 80 jobs. South Carolina beat out North Carolina and Louisiana in the contest for the manufacturing facility. The State
Submitted 1 years 224 days ago

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Sumter, S.C. goes Continental: 1,700 jobs, $500 million in investments coming with new tire plant (5 minutes ago. You must login for entire story)
Sumter County is now where the rubber meets the road. Nearly 1,700 new jobs and $500 million in investments will be coming to Sumter County after Continental AG, the fourth-largest tire manufacturer in the country, announced Thursday it would open a new manufacturing facility off U.S. 521. Sumter Item
Submitted 1 years 224 days ago

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China currency sanctions bill moves toward vote in Senate
A measure designed to punish China for undervaluing its currency has cleared a key procedural hurdle in the Senate and will face a final vote as early as later Thursday. The bill has had bipartisan support in the Senate, and the chamber invoked cloture Thursday morning by a vote of 62 to 38, as supporters said mere consideration of the bill might persuade China to realign its currency and end what they consider an unfair advantage that benefits Chinese manufacturers to the detriment of U.S. companies. The Washington Post
Submitted 1 years 224 days ago

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China undermining economic recovery and U.S. security
With a fledgling economy the focus of the 2012 presidential campaign, there has been one glaring omission from the debate so far: the failure of our current trade policy, particularly with China. Trade policy affects national security by putting the safety of our people and their jobs at risk. Between 2000 and 2010, the United States ran an aggregate trade deficit in goods of $6.8 trillion. This is one measure of how much money went to support production and job creation overseas rather than here at home. Last year, the trade deficit in goods was $635 billion. The import share of the domestic economy has grown very rapidly in textiles, machinery, computers, electrical equipment and motor vehicles. We buy a third to a half of these products from overseas, leaving American factories idle and American people jobless. The Washington Times
Submitted 1 years 224 days ago

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Rubio’s out of VP consideration. What does it mean for McDonnell?
On Wednesday night, Sen. Marco Rubio (R-Fla.) essentially took himself out of the vice presidential sweepstakes. “I am not going to be the vice presidential nominee,’’ he said at the Washington Ideas Forum at the Newseum in Washington. “The answer is gonna be no.” Rubio, a rising star in the his party and a tea party favorite, had been mentioned most often as a GOP vice presidential contender. So what does this mean for Virginia Gov. Bob McDonnell, who had also beenmentioned as a possible No. 2 on the Republican ticket? The Washington Times
Submitted 1 years 224 days ago

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Sen. Marco Rubio pulls back on support for tuition breaks for illegal immigrant children
WASHINGTON — U.S. Sen. Marco Rubio pulled back on past support for tuition breaks for children of illegal immigrants Wednesday, repositioning himself on a growing controversy in the Republican presidential race. St. Petersburg Times
Submitted 1 years 224 days ago

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More than 300 participate in 'Occupy New Orleans' march
Several hundred people displeased with the current economic and political climate marched from Mid-City to Lafayette Square today, carrying signs and chanting as part of a movement to protest corporate power that began three weeks ago in New York City. Occupy New Orleans, one of more than 80 local spinoff protests from the Occupy Wall Street demonstration, is loosely organized and does not represent a single philosophy or desire. Times-Picayune
Submitted 1 years 224 days ago

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The auto industry's 'surprisingly' good September: 6 theories
Despite fears of a double-dip recession and sputtering consumer confidence, U.S. car and truck sales were actually up in September, "surprising the auto industry and raising hopes that a bumpy year will end on a high note." General Motors reported a 20 percent sales jump from September 2010 to September 2011, while Chrysler's sales were up a whopping 27 percent — the company's best September since 2007. Ford also saw a 9 percent uptick, and U.S. vehicle sales were up 10 percent overall from last September. To what do we owe this rare bit of economic good news? Here, six theories: The Week
Submitted 1 years 224 days ago

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The 'record-breaking' response to Steve Jobs' death: By the numbers
With the harsh news that Steve Jobs had died at age 56 on Wednesday night, millions of people around the globe flooded the digital world that the fervently revered Apple co-founder helped shape, tweeting in record numbers and spiking the sales of Jobs biographies. Here, a look at the "record-breaking" response, by the numbers: The Week
Submitted 1 years 224 days ago

 

 

 

Features & Opinion

 

EDITOR'S NOTE: This story ran in the Fall 2012 edition of Southern Business & Development magazine, the parent company of RandleReport.com. In the more than 20 years this magazine has been in print, we have responded to numerous articles surrounding the incentives debate. In fact, we have written about the "debate" so many times that we started to add to the titles, such as "Incentives Debate: Part I, II, III, IV," etc.

 

 

 FEATURE  
By Mike Randle
Much progress has been made in the 80 years since Franklin D. Roosevelt explained that one of the biggest problems the nation faced was the extreme poverty seen at the time in the American South. What occurred after that was of course the New Deal, TVA, and many other economic development efforts designed to help bring the South out of the depths of despair, a hole it hadn't crawled out of since the beginning of the Civil War.
 

 

OPINION     
By Dan Juneau
There is good news and bad news for the Affordable Care Act, aka Obamacare. The good news is that it is nearing full implementation next January 1. The bad news is that the legislation remains unpopular with the voters, and it is highly likely that the launch of the program will be problematic at best.
 
 
 OPINION 
Glenn McCullough, Jr.
 
The Mississippi Public Service Commission unanimously determined in 2009 that Mississippi Power would need additional baseload electric power generation to meet consumer demand in 2014. Baseload generation provides electricity that’s needed every hour of every day, 365 days a year.
 


 

 

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