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Bankruptcy judge weighs in on bailout proposal listen

09/26/08 Mitch E. Perry
WMNF Drive-Time News Friday
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As Congress continued to work on a plan to bail out Wall Street, some Democrats have insisted that it makes no sense to spend billions of taxpayer dollars on toxic mortgages without also extending aid to households at risk of losing their homes.

To that end, they’ve inserted a plan to allow bankruptcy judges re-write mortgage-loan terms for struggling homeowners.

U.S. Bankruptcy Judge Catherine Peak McEwen in Tampa says the plan is intriguing.

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Obama speaks to 10,000 at Dunedin rally listen

09/24/08 Seán Kinane
WMNF Drive-Time News Wednesday
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Democratic presidential nominee Barack Obama held a rally today before more than 10,000 fans in a Dunedin baseball stadium. His speech focused on the economy and was strongly critical of his main rival, John McCain.

Hundreds of people were already in line when the doors to Knology Park opened to the public at 10:30 a.m. Some had been waiting for hours. More than three hours later, at about 10 minutes before 2 p.m., Barack Obama took the stage for a 29-minute speech. Obama said the $700 bi...

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Galvano, Gelber on how to deal with budget deficit listen

09/23/08 Mitch E. Perry
WMNF Drive-Time News Tuesday
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Florida’s current revenue shortfall is one of the worst in state's history.

Earlier this month, a legislative budget panel, urged by Gov. Charlie Crist, took $672 million from Florida’s Budget Stabilization Fund, which must be paid back within five years.

Legislators will meet again in November to deal with the remaining $1.5 billion shortfall. And next year, the budget shortfall is slated to be more than $3 billion.

WMNF recently spoke with two state legislators for their thoughts...

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Iorio discusses local economy listen

09/22/08 Mitch E. Perry
WMNF Drive-Time News Monday
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The economic slowdown has certainly affected the Tampa Bay area.

Over the weekend, WMNF spoke with Tampa Mayor Pam Iorio on a number of topics, including how the previously bustling Ybor City area has become extremely tough for local merchants and restauranters, even on weekends.

Although crime has dropped dramatically in the historic entertainment district since Iorio took office, the perception that it’s a violent area still seems to persist.

Asked what, if anything, she can do ab...

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Hopefuls seek work at St. Pete job fair listen

09/22/08 Seán Kinane
WMNF Drive-Time News Monday
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Inside the Coliseum in St. Petersburg today, a job fair brought together people looking for work and 38 companies or government agencies that are either hiring or offering employment services.

With unemployment numbers across the country and especially in the bay area at their highest levels in years, many of the job seekers were determined to find positions, but aware of the challenges of the current economy.

Nearly a year ago, the company Neil Schipper worked for went into bankruptc...

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Candidates for three constitutional offices at Tiger Bay listen

09/19/08 Seán Kinane
WMNF Drive-Time News Friday
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Candidates for the Hillsborough County constitutional offices of supervisor of elections, tax collector and property appraiser were showcased this afternoon at the Tiger Bay Club of Tampa. But the incumbents for two of the offices were no-shows.

The race for Hillsborough County Supervisor of Elections is between incumbent Republican Buddy Johnson and Democrat Phyllis Busansky. Both candidates were invited to speak to the Tiger...

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Obama campaign discusses strategy listen

09/18/08 Mitch E. Perry
WMNF Drive-Time News Thursday
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Jim Messina is one of the top people in the Barack Obama campaign that you’ve never heard of.

He’s the Campaign Chief of Staff, hired in June after serving as chief of staff to Montana Sen. Max Baucus.

In the hierarchy of the Obama team, he reports directly to Obama Campaign Manager David Plouffe.

Yesterday Plouffe said the Obama camp will spend $39 million in an effort to win Florida this November.

Yesterday, Obama unveiled a 2-minute commercial outlining his economic policies, a...

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Florida CFO blasts John McCain on economy listen

09/17/08 Mitch E. Perry
WMNF Drive-Time News Wednesday
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Florida’s Chief Financial Officer Alex Sink waded into the presidential race today when she discussed the recent Wall Street meltdown. Sink blasted John McCain several times on a statewide conference call for his comment on Monday that the "fundamentals of the U.S. economy are sound."

Sink said she came to that conclusion after briefing Gove. Charlie Crist and fellow board members about the hit taken on the state’s treasury from the bankruptcy filing of investment banking giant Lehman Bro...

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McCain blames greed for economy's problem listen

09/16/08 Seán Kinane
WMNF Drive-Time News Tuesday
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A day after telling a campaign crowd "the fundamentals of our economy are strong,” Republican presidential nominee John McCain dedicated most of his 18-minute speech in Tampa to criticizing the damage that Wall Street’s “unbridled greed” has done to the country’s economy.

McCain was joined on stage today at the Tampa Convention Center by his wife Cindy, Sen. Mel Martinez, former Florida Gov. Bob Martinez and former Sen. Jack Kemp. McCain said that if he and his running mate Alaska Gov. Sa...

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City Council rejects property tax cut listen

09/11/08 Mitch E. Perry
WMNF Drive-Time News Thursday
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Last night the Tampa City Council rejected a proposal by a citizens advisory group to reduce property taxes in the city, and instead voted to keep it at the same as last year’s level.

The Citizens Advisory Group suggested reducing the property tax rate by 5 percent, and covering the $8 million in lost revenue with money from reserve funds.

But the Council rebuked the group’s idea on a 6-1 vote. Councilmember Mary Mulhern was the lone dissenter.

The Citizens Advisory Council was mad...

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