The major central banks of the world moved Wednesday to prevent a banking crisis in Europe. They're providing more liquidity to the European banking system in hopes that big banks there will remain solvent and continue to make loans. The coordinated move by the central banks sent stock markets soaring. But it will not even begin to fix Europe's fundamental economic problems.
Melissa Block and Guy Raz read emails from listeners about a report on Kentucky's Berea College, about Melissa's remembrance of Vermont poet Ruth Stone, and about the other person responsible for that mega-hit earworm "Moves Like Jagger."
From NPR News, this is ALL THINGS CONSIDERED. I'm Guy Raz.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
President Obama took his call for payroll tax relief to Scranton, Pennsylvania today. It was his ninth visit to the state this year, underscoring the role that Pennsylvania will play in the 2012 election. The president told a crowd at Scranton High School that extending the payroll tax cut should trump partisan politics.
PRESIDENT BARACK OBAMA: Send your senators a message. Tell them - don't be a Grinch.
Speaking on the House floor Wednesday in support of extending the payroll tax cuts, U.S. Rep. John Yarmuth, D-Ky., criticized Republicans, claiming they are putting wealthier Americans over working families. The current payroll rate is set to expire January 1, which would end the relief for about 160 million Americans.
A month and a half after announcing an effort to legalize the sale of packaged liquor in Corbin, the principal organizer behind it said he has about half the number of signatures required to put the issue before city voters. Kurt Kraus, Chairman of a group called Corbin Citizens for Economic Progress, said some early setbacks slowed the push to get about the roughly 800 to 1,000 signatures from registered voters in the city saying they want to see the issue on the ballot for a special election. Because Corbin lies in two counties and has voting precincts split between city residents and those that live in unincorporated areas, getting petition cards mailed to the proper people has been complicated.
Senate Minority Leader Mitch McConnell, R-Ky., has reiterated GOP lawmakers’ support for extending the payroll tax cut for another year, but Kentucky’s senior Senator says his party will oppose any hikes on wealthier Americans.
Jessamine County Schools Superintendent Lu Young was named the 2012 Kentucky School Superintendent of the Year on Wednesday by the Kentucky Association of School Administrators. Association Executive Director Wayne Young and other officials surprised Young with the award Wednesday afternoon at the Jessamine County Career and Technology Center. Young, 51, joined the Jessamine County Schools as a teacher in 1983. She became superintendent in 2004, and has been highly regarded among school superintendents statewide.