Welcome to this week’s edition of In Case you Missed it. Toxic assets, good interviews in City News, sudden resignations, ROBUTRAD, Health Care all made the cut. Let’s get to it shall we?
Toxic Assets and the economy.
Treasury Security Geithner and Fed Chairman Bernanke testify before Congress and Congressman Dan Maffei.
New York Attorney General Andrew Cuomo forces AIG executives to return at least some of their bonus’
Well, remember the whole team of rivals thing the administration was portrayed as doing? Well - things aren’t going so well because the rivals seem to be on the outside. First off Nobel Economist Paul Krugman rips the Obama economic plan and his plan to purchase “toxic assets”. Frank Rich says Obama’s approach to the economic crisis is not all that it can be, read about both and a short summary of how we have been proceeding.
Meanwhile what’s coming? Paul Krugman shows up on the cover of Newsweek, Nobel Prize-winning economist Joseph Stiglitz rips the toxic asset plan as well - calling it robbery, and from the insult to injury department, a member of the AIG Board of Directors is appointed to the President Obama’s Task Force on Tax Reform.
State
The Governor seems to be moving towards adopting a towards a FAIR tax proposal which is good because there is “surprisingly little evidence” that people will leave New York if such a tax is enacted. Where are they going to go New Jersey? Jersey and other states are looking to do the same thing. These folks say Tax us - we can handle it and it’s fair. Looks like they got what they wished for - A deal was announced on the FAIR tax early Sunday morning.
As the Governor’s ratings fall seems he makes it difficult to rebound.
Local
We posted this review of a City News article about the Gates Supervisor Race. An article that raises a few questions about the GOP camp. Meanwhile, Dem Candidate Mark McIntee stopped by in the comments.
Whatever happened to the ROBUTRAD scandal? Why isn’t anyone talking? Too much to hide perhaps?
Speaking of Supervisors - what’s up in Sweden? Their Supervisor apparently pulls a Wesley Snipes without the action hero bit and resigns as the Supervisor for allegedly not paying his taxes. Oh, 5 others in Sweden are accused as well. Still, the Supervisor found time to make campaign contributions twice per year but supposedly could not remember to pay his taxes. Priorities I suppose.
The Rochester Jazz Festival announces its line up, SBR points out the that the jazz festival gives donations to our top local elected officials. BTP reminds us we have been there before.
Westside public access TV? More drama.
Even more drama with RenSquare. This time - a property owner says there is a actually an alternative. Maggie doesn’t want to hear it.
City News also interviewed Sandy Parker. Ugh. Check out her take on the FAIR tax, a swipe at the FAIR proposal, and this ill-informed take on Healthcare reform.
Then there is the sick puppy dog poster boy picture COMIDA is using to say they are actually effective - they aren’t. The lower taxes gained by moving 5 miles down the road didn’t help Constellation brands from cutting some jobs but I’ll bet that some IDA got credit for “job creation”. Yeah, this time it isn’t different.
Quick Clicks
Howard Dean calls for Health Care reform. Meanwhile Senator Bernie Sanders introduces a Single Payer health care reform bill in the Senate.
True Colors dinner. Anyone go? Senator Schumer comes out of the political wilderness and announced his support for marriage equality for same sex couples as well as repeal of misnamed Defense of Marriage Act.
Violence in Rochester? Filmmaker Nicholle LaVann director of the Movie Homicidez is interviewed on Bob Smith’s 1370 Connection.
Is peace bad for business? Apparently, per some stock analyst , Harris Corp stock is downgraded. I disagree.
Wednesday Wingnuts is back -
Shut off the lights as part of Earth hour.
CSX offers to help with High Speed Rail. Oh boy, careful what you wish for.
Chinese courts address Melamine.
There is a special election in New York on Tuesday. Obama supports Scott Murphy running to fill the NY-20th seat. Murphy takes a lead.
See you next week.
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