Daily Archives: November 20, 2012
The Buncombe County Commissioners awarded Linamar more economic development incentives. The first $10 million they gave was not enough, nor was the funding from the City of Asheville and the State of North Carolina. Linamar got another $4.5 million. A lesser-known company, Baldor Electric, also got $64,000. Any fool can plainly see it is economicContinue Reading
Craggy Brewing Company is going out of business. December 1 will be its last day. “This is exciting!” said some local leader, surely. It shows how economic development incentives work. The breweries who come in from out of town, have their higher-ups treated to helicopter rides as they’re wined and dined by economic leaders, andContinue Reading
Dan Way reports for Carolina Journal Online about U.S. Rep. David Price’s remarks to an Orange County business group, including comments about the pending sequestration of federal budget funds.
It took five years, but US Airways will begin nonstop flights from Charlotte to London’s preferred airport in late March. Would strongly presume that they’ll drop the existing London Gatwick service at the same time. More details, like flight time and how they acquired the London Heathrow (KHR) slots, as they become available. Update: NoteContinue Reading
According to an article in Huffpost Education, Enrollment in Indiana’s school voucher program has more than doubled in the program’s second year, the state Department of Education announced Tuesday. In the current 2012-2013 school year, 9,324 families signed up to participate in the Choice Scholarship Program, up from 3,919 last year. Interestingly, state education superintendentContinue Reading
Yeah, you tell ’em, Cap’n QE. The AP report on the Fed chairman’s statement today added that “It’s unclear what, if anything, the Fed can do to cushion the economic impact of the fiscal cliff …” — you know, since the Fed is doing such a bang-up job under Bernanke’s leadership so far.
It’s always fascinating when an elected official must experience the rules and regulations he/she imposes on others. Case in point: Chapel Hill Councilman Jim Ward. According to the Daily Tar Heel, the town’s development process “can take as much as three times longer than that of other similarly sized college towns.” It was supposed toContinue Reading
Johnston County state Sen. David Rouzer, Republican, has officially requested a recount in his 7th district congressional race against Democratic incumbent Rep. Mike McIntyre. McIntyre leads Rouzer by 655 votes out of 336,739 cast. Here is Rouzer’s statement: Raleigh, NC – State Senator David Rouzer, candidate for Congress in North Carolina’s 7th Congressional District,Continue Reading