11:04am

Fri August 12, 2011
All Politics are Local

State Senator Calls for Obama's Resignation

Comparing President Barack Obama to Adolf Hitler in a letter posted to former presidential candidate Lyndon LaRouche’s website, state Sen. Perry Clark, D-Louisville, calls for the president to step down over what the Kentucky lawmaker calls the “unconstitutional” debt ceiling legislation.  Using official state letterhead, Clark says the recent agreement to raise the debt ceiling and create a 12-member super committee to reduce spending violates the U.S. Constitution. The south Louisville Democrat goes further, saying the bill is a “direct echo” of legislation that handed over power to the “murderous Hitler government” in 1933.

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10:58am

Fri August 12, 2011
Education

Another Year Begins for Fayette Co. Schools

Summer break is officially over, but 10-year-old Tantalissia Champs doesn't seem to mind. The Maxwell Elementary School 5th-grader was ready for the start of a new school year.  "I am so excited. I couldn't wait." Classroom lessons resumed for thousands of students across the Fayette County Public School district Thursday.

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10:56am

Fri August 12, 2011
Education

Calipari For Student Financial Literacy

University of Kentucky men's basketball coach John Calipari is championing a new cause in Kentucky: financial literacy education.  The program being launched by the Calipari Family Foundation for Children, tech company EverFi, Inc., and area banks is called "Vault." The online interactive program aims to educate elementary school students on a particularly timely issue: how to handle money. EverFi CEO Tom Davidson says the program presents students with real world scenarios involving budgeting, job planning, and saving in a language they understand. Coach Calipari says the idea actually came about before he moved to the Bluegrass.

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10:54am

Fri August 12, 2011
The Two-Way

Markets Open Higher, As Investors Weigh Positive Retail Numbers

Many investors are probably about ready for this week to end. It's been a cardiac-inducing one that set a record yesterday: For the first time in history the markets swayed more than 400 points four days in a row.

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10:53am

Fri August 12, 2011
Business and the Economy

E'town Hospital to Pay for Improper Billing

Hardin Memorial Hospital must pay more than $3.1 million to the federal government as part of an $8.9 million agreement involving claims of improper Medicare billing dating back to 2001. Stephanie Collins, public affairs officer for the U.S. Attorney’s Office Western District of Kentucky, said the settlement does not concern patient care or diagnoses. No criminal allegations were made and no court proceedings are pending.

10:50am

Fri August 12, 2011
Education

Shelby Schools Ban Wheeled Backpacks

While many believe that backpacks with wheels are the best way for young students to combat heavy loads of homework, that’s not always the case. Several schools and school districts across the country have banned the backpacks because they clog up hallways, don't fit in lockers and cause general trouble when students run down the halls dragging them after they've tipped over from going too fast. And that’s also the case in Shelby County. Three elementary schools have banned the wheeled backpacks for those exact reasons.

10:48am

Fri August 12, 2011
Business and the Economy

Hopkinsville Manufacter to Add 60 Jobs

Community leaders and officials from FP International in Hopkinsville announced Thursday the company will add a machine build operation to its Christian County facility. The project will result in 60 new machine manufacturing jobs over the next several years and a $3 million investment.

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10:45am

Fri August 12, 2011
Education

Lex. Pastor's Education Views Questioned

The pastor of a Lexington church raised some eyebrows while pleasing others as he spoke this week to a teacher appreciation breakfast in Hopkinsville. While some lauded the Rev. Dr. C.B. Akins’ speech for its pertinence, others thought the oration was demeaning and uncouth to its target audience of teachers. “I think you are always going to get a mixed reaction when dealing with reality and dealing with facts,” Akins said in a telephone interview Thursday. “You don’t expect everybody to be for change except a wet baby.”

10:43am

Fri August 12, 2011
Business and the Economy

Lexington & Louisville Team Up

At the 2011 Leadership Louisville luncheon at the Galt House East on Thursday, the mayors of Lexington and Louisville went before more than 1,000 leaders to pitch their vision for a regional economic development initiative to improve the cities' competitiveness in advanced manufacturing. Mayors Jim Gray and Greg Fischer pointed to the Toyota plant in Georgetown and the Ford and GE plants in Louisville as evidence that the state's two largest urban areas already are a center of advanced manufacturing, but it can do more.

10:40am

Fri August 12, 2011
Business

Beyond Bulls And Bears: A Wall Street Bestiary

A vintage illustration of Wall Street, 1908
Library of Congress/Prints and Photographs Division

Lions and vultures and bears, oh my.

Animal imagery has been used since the early 18th century to describe human behavior on Wall Street, says Charles R. Geisst, a professor of finance at Manhattan College and author of Wall Street: A History.

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