Monday, August 31, 2009

Clips and quote

Quote of the Day:

“You didn’t stay long enough Ms. Chumney. You can’t just pop up when the cameras are there.”

- Shelby County Mayor A C Wharton during a debate with the other eight candidates for Memphis City Mayor last week. Wharton was responding to mayoral candidate Carol Chumney’s statement that she had not seen Mayor Wharton in neighborhoods she had visited to help victims of recent storms.

Tennessee News Clips

Politics

Clinton, Gore bolster Democrats for tough 2010 elections
August 30, 2009 Tennessean
The Tennessee Democratic Party brought the stars of the state and national party to a Nashville fundraiser meant to fire up loyalists ahead of critical elections for governor and the state legislature.

Tennessee Democrats eye 12 state House seats
August 31, 2009 Knoxville News Sentinel
Democrats will be focusing on a dozen seats now held by Republicans in efforts to regain control of the state House next year, Rep. Mike Turner told the Tennessee Democratic Executive Committee on Saturday.

Healthcare

Insurance pricing is fairness question
August 31, 2009 Kaiser Health News
Chris Denny, who runs a small marketing firm in Santa Rosa, Calif., buys his own health insurance for $117 a month.

Health Bill Would Cut Drug Spending for Many on Medicare, Budget Office Says
August 30, 2009 New York Times
Medicare beneficiaries would often have to pay higher premiums for prescription drug coverage, but many would see their total drug spending decline, so they would save money as a result of health legislation moving through the House, the Congressional Budget Office said in a recent report.

Economy

As Big Banks Repay Bailout Money, U.S. Sees a Profit
August 30, 2009 New York Times
Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many critics thought might never be seen again.

Commercial Real Estate Lurks as Next Potential Mortgage Crisis
August 31, 2009 Wall Street Journal
Federal Reserve and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy just as it struggles to get up off the mat.

Stimulus

$37M in federal stimulus for Tennessee could yield cures
August 31, 2009 Tennessean
Middle Tennessee's biomedical researchers are getting a two-year financial boost as they seek cures for HIV, autism and cancer.

$3.1B set aside for jobless unclaimed
August 31, 2009 USA Today
More than $3.1 billion in stimulus money for state unemployment insurance programs is sitting in a federal trust fund because 23 states haven't expanded their jobless benefits, Labor Department records show.

Energy

Tax credits revive interest in solar water heating in Tennessee
August 29, 2009 Tennessean
Most of the hot water at the home of Eric and Beth Lewis near Bellevue comes courtesy of solar panels that are remnants of tight energy times and a TVA program from almost 30 years ago.

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