Nearly 25,000 signatures of people who want to repeal the tax that funds the Northern Kentucky Area Planning Commission were submitted to the Kenton County Clerk's office Monday. Twelve bankers' boxes containing 24,698 signatures were handed over to deputy clerks, as about 20 people looked on.
After a day that saw historic drops in the U.S. markets, the world markets continue their volatility today. The FTSE is up slightly while Japan's Nikkei was down 1.68 percent. Stock futures are forecasting another dramatic day in the U.S. The Wall Street Journal reports that in trading before opening, the Dow was up 167 points after a 300-point swing in the other direction.
Adam Hendley stood still Wednesday with his car door open listening to a rustling through the grass two feet away from him. He was sure it was a snake. Then, he caught sight of the tell-tale rattler on the end of the slithering animal’s body. “I was kind of shocked, really,” he said. “I was a little concerned.”
The city of Williamstown in Grant County has agreed to give a biblically themed amusement park a property tax discount of 75 percent over the next 30 years. Mayor Rick Skinner said the offer is laid out in a memorandum of agreement that will be followed by a formal tax-increment financing deal with Petersburg-based Ark Encounters LLC in coming months. The tax deal is in addition to almost $200,000 given to the company by Grant County's economic development arm as an enticement to keep the project located there, along with 100 acres of reduced-price land.
Rep. Michele Bachman officially threw her hat into the presidential ring on June 27. Since then, the Minnesota congresswoman has emerged as a Republican front-runner, riding on a wave of Tea Party support and national media appearances.
Jonathan Cohn is a senior editor at The New Republic.
Did investors dump stocks on Monday because they'd lost faith in America's ability to pay its bills? Because they thought the federal government would cut spending further, slowing down the economy? Because they were adjusting to the latest news from Europe? The list of experts qualified to address those questions is long. And it does not include me.
Fred Barnes is executive editor of The Weekly Standard.
President Obama's support for raising income taxes on high earners is more than a talking point. It's an obsession. In negotiations in July over a $4 trillion "grand bargain" on deficit reduction, the president proposed the tax hike as part of an agreement with Republicans. It was a clumsy mistake on his part, an unforced error. Rather than facilitate a deal, he helped kill it.
Half-way through what was scheduled to be a 60 hour swim, 61-year-old Diana Nyad had to abandon what she called her "Xtreme Dream" — a 103 mile swim from Cuba to Florida.
"It's over. She lasted 29 hours in an heroic attempt," said Elaine Lafferty, one of Nyad's crew members, on Twitter.
On the same Twitter account, her team said that earlier in the evening Nyad was in the water, "surrounded by dolphins and a beautiful Caribbean sunset." But, they explained, a strong wind "blew her 15mph off course."
An early rally proved short-lived as stocks in Asia and Europe sank again Tuesday. Justin Urquhart Stewart of Seven Investment Management talks to Renee Montagne about the continued slide of financial markets around the world.