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Why Investors’ Fossil Fuel Addiction Is Tough to Kick
August 26, 2014 President Obama electrified climate-change activists in June with what sounded a lot like an endorsement of fossil-fuel divestment. But a successful movement for divestment—which urges institutional investors to dump stocks in petroleum and coal companies—will require far more than dog-whistle support from the president. A new report explains why getting big money out of fossil fuels, especially big oil, is a tall order, even if a growing number of universities, cities, and churches have agreed to shift their investments in recent years. The National Journal
Submitted 11 hours ago

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Obama's Immigration Plans Irk Some Democrats
WASHINGTON—As President Barack Obama contemplates moves to scale back deportations of illegal immigrants, he is courting a battle not just with Republicans but with a few members of his own party. Some conservative-state Democrats, all in tough election fights this fall, say Mr. Obama would be making an inappropriate end-run around Congress if he were to act on his own to ratchet back deportations. That leaves Mr. Obama caught between advocates for immigrants, who have pressed him to ease deportations, and some red-state Democrats who say the matter should be left to Congress—an argument also made by Republican lawmakers. The Wall Street Journal
Submitted 12 hours ago

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The Threat That Could Scar the Economy for Decades
Despite some signs of improvement, the U.S. economy remains far from healed. And the longer the slump persists, the nastier the lingering scar that will mar the economy for decades to come. By the best measures of economic health, more than five years after the recession ended the U.S. economy is only one-third to half the way to fully recovered. But hidden beyond the immediate tolls of inadequate recovery, notably high unemployment and depressed incomes, lies another grave cost: The economy’s potential health and productivity is atrophying from this prolonged spell of stagnation. The Fiscal Times
Submitted 13 hours ago

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Obama may get cold shoulder in Charlotte
When President Obama arrives in Charlotte, N.C., today to address veterans at the American Legion National Convention he may find his welcome to the city that nominated him for a second term in 2012 polite, but not all that warm. Like many vulnerable Democrats, Sen. Kay Hagan has put a good deal of effort in distancing herself from Obama and his policies. In fact on hearing of the president’s visit Hagan blasted Obama over the Veterans Affairs medical treatment scandal saying his administration “has not yet done enough to earn the lasting trust of our veterans and implement real and permanent reforms at the VA.” Fox News
Submitted 13 hours ago

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Readers React The battle over business incentives: do they work?
The governor of Texas with a kind of halo around his head, spouting half-truths, while Jerry Brown, whose father was responsible for superior higher education at minimal cost, works to bring back the kind of democracy for which Pat Brown was justly famous. Los Angeles Times
Submitted 13 hours ago

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McDonnell Questioned About Dealings With Executive
Former Virginia Gov. Bob McDonnell on Tuesday faced the most pointed questions yet about his dealings with a businessman whose gifts are at the heart of the ex-governor's corruption trial. Prosecutors asked McDonnell about a series of emails and notes in February 2012 in which McDonnell was trying to finalize a $50,000 loan from businessman Jonnie Williams. While that was going on, McDonnell and his wife prodded state officials about doing research to help Williams' dietary supplement, Anatabloc. ABC News
Submitted 14 hours ago

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VIDEO: POLITICO Playback


Politico
Submitted 15 hours ago

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Will there be a GOP wave or wipeout in the Senate?
So where’s the wave? This is President Obama’s sixth-year-itch election. The map of states with contested Senate seats could hardly be better from the Republicans’ vantage point. And the breaks this year—strong candidates, avoidance of damaging gaffes, issues such as Obamacare and immigration that stir the party base—have mainly gone the GOP’s way, very unlike 2012. Politico
Submitted 15 hours ago

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The Tea Party Governor Backlash of 2014
America seems resigned to a Seinfeld election in 2014—a campaign about nothing. To an exhausted electorate, the final midterms of the Obama presidency are failing to drive much mainstream excitement, and no clear national themes have emerged despite the high-stakes fight for the Senate. DNC Chairwoman Debbie Wasserman-Schultz essentially admitted as much when she dismissed the idea of Democrats running on any national message, seeking instead to focus on local themes. The Daily Beast
Submitted 15 hours ago

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Obamacare contracts soar past estimates to $1.7 billion, audit finds
One-third of the contracts doled out between 2009 and 2014 to establish the federal Obamacare marketplace have already exceeded their estimated value at the time they were awarded, the Health and Human Services Department’s inspector general said Tuesday in a report that underscored the overhaul’s ballooning costs. Washington Times
Submitted 15 hours ago

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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     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 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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