Florida Home Sales Continue to Rebound
Existing home sales in Florida jumped 28 percent in August from a year earlier, marking 12 consecutive months of year-to-year gains, the Florida Association of Realtors reported Thursday. Fuelled by more stable credit and median prices 22 percent lower than August 2008, sixteen of 19 metropolitan areas posted gains in single family home sales while [...]
Irving Kristol’s Clear Thinking
“I am so nostalgic.” That’s the phrase I associate most with Irving Kristol, who died last week at the age of 89. What piqued Irving’s nostalgia, at an American Enterprise Institute conference I worked on in 1992, was old-fashioned censorship. In the good old days, he explained, local communities were able to determine their own [...]
Wii Joins XBox, PS3 in Price Drop
Across-the-board price reductions on console video game systems are expected to energize an industry that has lost its recession-proof luster in recent months. Nintendo on Sunday will drop the price of its popular Wii game system from $249 to $199. This follows Microsoft and Sony’s reductions last month of their game systems. Sony’s best-selling PlayStation [...]
GOP Sees Big Surge of Donors in August
WASHINGTON – Despite being in the minority in Congress, Republican campaign committees outraised Democrats by $1.7 million in August as they have aggressively collected political cash amid the rancorous debate over health care. Republicans also held an edge over Democrats in the amount of money available, when counting debts, as both parties set the stage [...]
Fed Essentially Declares Reccession Over
The Federal Reserve provided its most upbeat assessment yet of the economy on Wednesday, suggesting the recession is over and growth could be more robust than it previously anticipated. But noting the economy is still relatively weak, the central bank agreed to keep a key interest rate unchanged near zero and extended its financial support [...]
Don’t Point Fingers at Del Rio Just Yet
I support the philosophy that football is a young man’s game. Sure, one can play after age 30, but a team should consist primarily of 20-somethings. In the NFL, most successful teams are built through the draft. Acquiring free agents or trading for picks is fine as long as those chosen are young. Even with [...]
Broward Commissioner Arrested for Money Laundering
Broward County Commissioner and former state lawmaker Josephus Eggelletion, a Broward County school board member, and three others were arrested by federal authorities Wednesday in connection with an alleged money laundering scheme. Eggelletion, who served eight years in the state House before leaving because of term limits, and county School Board member Beverly Gallagher were [...]
State Senator Seeks to Ban Exotic Snakes as Pets
Sen. Eleanor Sobel said Wednesday that she will file a bill that would take the fangs out of the Burmese python pet market by making it illegal to own the type of snake blamed this summer for suffocating a 2-year-old girl in her bedroom. U.S. Sen. Bill Nelson has already introduced a similar federal measure [...]
Board of Governors Propose a ‘Skinny’ Budget for Next Year
Without much money expected to be available next year the governing board for Florida’s public universities introduced a “skinny” budget Wednesday, but said the plan isn’t a final request. The university system’s budget of about $5.6 billion would increase by about $64,000 under the proposal the Board of Governors put forth. The budget, passed last [...]
Obama: ‘New Age’ Has Dawned
UNITED NATIONS – President Obama, who has pursued a diplomatic strategy of pursuing common ground with both allies and adversaries, offered a blunt message to world leaders assembled here Wednesday: Cooperation is a two-way street. “Those who used to chastise America for acting alone in the world cannot now stand by and wait for America [...]
Entries(RSS)