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Protesters want President Obama to fire Ed DeMarco and help homeowners with Freddie and Fannie loans listen

03/16/12 Liz McKibbon
WMNF Drive-Time News Friday
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Florida has one of the highest foreclosure rates in the United States. Yesterday, MoveOn.org members and others rallied at Barack Obama’s campaign headquarters in Ybor City. The group hopes to sway President Obama to make changes to current foreclosure system.

About fifteen protesters gathered as part of a larger national day of action called Save Our Homes. They held signs with the mess...

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Economist Richard Wolff on the Economy

03/12/12 Robert Lorei
Last Call Monday
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Friday, the federal Labor Department reported that in February the nation’s unemployment rate remained flat---at 8.3 percent—it was the first time since last August that the jobless rate did not drop.

The economy added 227,000 jobs. With manufacturing adding 31,000 jobs and temporary employment rising with 45,000 jobs. The report also showed that December and January added 61,000 more jobs than originally estimated.

The report was positive news for the Obama administration,. Howe...

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Atlanta Federal Reserve chair shares cautious optimism on economy with Sarasota audience listen

02/20/12 Doug Driscoll
WMNF Drive-Time News Monday
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The chair of the Atlanta Federal Reserve is encouraged by recent improvements in the economy, but his overall stance is one of caution and restraint. Dennis Lockhart shared his views on economic recovery with a crowd of about 150 people at New College in Sarasota earlier this week.

Lockhart said recent improvements in employment, household income, business confidence and the beginning of credit expansion are good in...

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David Kotok: Employment influences on the market and Federal Reserve policies listen

11/18/11 Doug Driscoll
WMNF Drive-Time News Friday
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America’s economic recovery will include a steady rise in financial stability coupled with slow job growth. That’s the opinion of David Kotok, chair of Cumberland Advisiors. He gave that assessment to an audience of about 120 people in Sarasota on Tuesday.

Translating complex financial trends into understandable graphics is why Kotok is in demand as a commentator on the US and global economy. His f...

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Occupy Tampa holds first protest in solidarity with Occupy Wall Street listen

09/26/11 Josh Holton
WMNF Drive-Time News Monday
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Occupy Wall Street is a people-powered movement for democracy that began on September 17 with an encampment in the financial district of New York City. A Tampa group began similar protests against financial institutions at downtown’s Gaslight Park on Saturday.

Scott Shepard drove from Lakeland to attend the protest after seeing the new...

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The End of Growth listen

08/10/11 Kelly Benjamin
WMNF Drive-Time News Wednesday
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"Hitting the snooze button on the alarm clock" is how author Richard Heinberg describes the debt ceiling deal reached in Washington last week. In his new book The End of Growth, Heinberg asserts that economic growth as we have known it is over and done with and the global economy is inevitably contracting rather than expanding. WMNF's Kelly Benjamin spoke to Heinberg recently on how he comes to this conclusion and why the end of growth and learning to live within our ecological limits might...

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Report says speculation accounts for 83 cents per gallon of gasoline prices listen

07/12/11 Olivia Kabat
WMNF Drive-Time News Tuesday
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Those high gasoline prices you're paying at the pump may have a lot to do with Wall Street speculation.

According to a new report, because of the risky speculative trading on oil in the commodities futures market, the average consumer in the United States is paying much more for gas than they should be. Sheena Rolle is with Organize Now, one of two groups that researched the report. Rolle says she knows what 83 cents per gallon extra means for working class families.

“For the regular...

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In a major address on the budget, President Obama proposes lowering the deficit listen

04/13/11 wire reports including AP
WMNF Drive-Time News Wednesday
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President Barack Obama is setting a goal of lowering the deficit by $4 trillion dollars over the next 12 years as he wades into the politically volatile debate over the nation's crushing debt.

A week after formally announcing his re-election campaign, Obama is proposing a mix of tax increases already rejected by Republicans, and cuts to safety-net health programs likely to alienate many liberals.

In a speech today at George Washington University, the president proposed cutting defense s...

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Tampa Bay economic scorecard delivers mixed results listen

03/18/11 Kate Bradshaw
WMNF Drive-Time News Friday
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A study gauging Tampa Bay’s economy is showing a couple of small gains for the region. When compared to other cities, Tampa Bay isn’t remotely out of the woods.

Earlier this month, the Tampa Bay Partnership released results of its semi-annual regional economic scorecard. The prognosis is slightly improved, but far less than ideal. The study rated Tampa, Jacksonville, and four other cities in the southeast on factors like jobs ...

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Pinellas County Commission gathers facts on affordable housing availability listen

03/15/11 Kate Bradshaw
WMNF Drive-Time News Tuesday
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If you’re looking for cheap rent in Tampa Bay, chances are you’re not having in easy time finding it. Today the Pinellas Board of County Commissioners held a workshop today to find answers on how to deal with a lack of affordable housing in the county. Bill Sanchez with the Tampa Bay Community Development Corporation said foreclosures are down nationwide, but not because few homeowners are filing.

It seems that the drop is basically having to do with banks having to refile paperwork t...

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