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Tom James provides economic recovery outlook listen

04/28/09 Seán Kinane
WMNF Drive-Time News Tuesday
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Who is to blame for the current global recession? CEO and chair of Raymond James Financial Tom James spread the responsibility around this afternoon at the Feather Sound Country Club in a meeting of the Suncoast Tiger Bay Club.

James laid responsibility for the recession on banks that issued sub-prime loans, individuals who took the loans, and former Federal Reserve Chairman Alan Greenspan among others.

In October, the federal gove...

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Alex Sink attorneys and lenders work to reduce foreclosures listen

04/20/09 Seán Kinane
WMNF Drive-Time News Monday
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This morning, Florida’s Chief Financial Officer Alex Sink met in Tampa with mortgage lenders, nonprofits and lawyers to come up with a plan to help people in Florida who are facing foreclosure.

“Our goal here is the same. It’s to keep more Florida homeowner in their homes.”

The attorneys are part of the Florida Attorneys Saving Homes program. Sink called ...

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Florida's unemployment rate ties record high listen

04/17/09 Seán Kinane
WMNF Drive-Time News Friday
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More Floridians are losing their jobs, according to data released today. Rebecca Rust, the chief economist with the Agency for Workforce Innovation, says that seasonally adjusted March 2009 labor statistics for the state of Florida are even worse than the previous month.

“The unemployment rate for Florida is now 9.7 for March. … This represents 893,000 jobless Floridians.”

Rust says Florida’s unemployment rate is still higher than the country as a whole.

The last time Florida...

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Foreclosure Assistance Workshop set for Saturday listen

04/14/09 Mitch E. Perry
WMNF Drive-Time News Tuesday
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There are currently 3,960 foreclosures for sale in Hillsborough County, according to the website foreclosure warehouse.com. That’s more than in Lee County, where President Obama visited in early February, as it was labeled one of the worst hit areas in the country.

On Saturday morning, Democratic Congresswoman Kathy Castor, who represents Hillsborough County as well as parts of Pinellas and Manatee, will hold her fourth foreclosure prevention workshop at Middleton High School on 22nd Av...

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Hillsborough to vote on furloughs for county workers listen

04/08/09 Mitch E. Perry
WMNF Drive-Time News Wednesday
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With the Hillsborough government facing a deficit of more than $100 million, County Commissioners today agreed to lead by example by voting to furlough themselves several days sometime later this year.

The idea of the Commissioners taking a hit themselves originated last week from Commissioner Kevin Beckner.

Last month, County Administrator Pat Bean stunned some commissioners when she said that the county could be looking at a thousand jobs being cut because of the worsening economy. ...

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Castor hails stimulus funding for Tampa health clinic listen

03/30/09 Mitch E. Perry
WMNF Drive-Time News Monday
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Congresswoman Kathy Castor spoke in front of a community health clinic in North Tampa today, where she announced that new federal stimulus money will allow the center and its Hillsborough affiliates to hire 9 new employees, including two family practice doctors.

Two billion in grants from the stimulus bill was set aside for community health centers nationally. Approximately three-quarters of that is for construction, renovation and equipment, with the other $500 million to go directly to c...

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Martinez, Castor weigh in on president's plans for GM & Chrysler listen

03/30/09 Mitch E. Perry
WMNF Drive-Time News Monday
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WMNF spoke with U.S. Sen. Mel Martinez and Tampa area Congresswoman Kathy Castor about their reactions to the president’s ouster of General Motors CEO Rick Waggoner, as well as more financial contributions to GM and Chrysler to keep them afloat.

Whether General Motors will be able to re-tool and reinvent itself remains to be seen. If the company does survive, the longtime auto giant will no doubt be pared down significantly.

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Obama canvass takes place in South Tampa listen

03/23/09 Mitch E. Perry
WMNF Drive-Time News Monday
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Following appearances on The Tonight Show and 60 Minutes in recent days, President Barack Obama will address the American public tomorrow night in prime time in his second scheduled news conference.

Obama’s mission on achieving some of his major goals took a hit last week – first with the outrage over bonuses given to executives at A.I.G., followed by the Congressional Budget Office announcing on Friday that the president’s budget could create record deficits in the years to come...

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Hillsborough facing $100M deficit next fiscal year listen

03/18/09 Mitch E. Perry
WMNF Drive-Time News Wednesday
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The budget director for Hillsborough County said today the County is looking at a $100 million-plus deficit next fiscal year.

Eric Johnson said that based on lower property tax rolls, the county had been anticipating a 6½ percent reduction in revenues later this year. But he said more recent economic news has virtually doubled that reduction to 13 percent. And Johnson said economic projections indicate the County will not see 5 percent growth in property taxes for at least the next five ...

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Major rally for public education set for Wednesday listen

03/17/09 Mitch E. Perry
WMNF Drive-Time News Tuesday
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More than a thousand people are expected to protest tomorrow at the state capitol to protest multimillion-dollar cuts to local school districts' budgets.

Over the past year and a half, the Hillsborough County school district has absorbed more than $82 million in cuts, according to Jeanne Clements, president of the Hillsborough County Teachers Association. She says at that same time, new schools have opened, more staff has been hired, and more students have been absorbed into the school dis...

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