Browsing Tag billion

Earth Day and you’re Invited

By at April 22, 2011 | 1:41 pm | 0 Comment

Earth Day and you’re Invited

The greenest of green days is actually the brainchild of Gaylord Nelson. Nelson conceived the idea while representing Wisconsin as a U.S. Senator. War protests and an oil spill along a California coastline inspired Nelson’s brilliant thought.

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Rock The Capital Minute

By at April 15, 2011 | 8:35 am | 353 Comments

Rock The Capital Minute

In this edition of Rock The Capital Minute; The Tokoyo Electric Power Company says it will give all homeowners forced to evacuate $12,000. The head of Pennsylvania’s Liquor Control Board says if he has more time he can modernize and make state owned liquor stores a crown jewel of the state, and in Washington, Republicans intend to vote on a plan to trim $6 billion from President Obama’s proposed budget.

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Fukushima Paralyzes Japan’s Fishing Industry

By at April 5, 2011 | 1:05 pm | 120 Comments

Fukushima Paralyzes Japan’s Fishing Industry

With the level of radiation rising in seawater near the Fukushima Dai-ichi power plant, the Japanese government is setting safety standards for the consumption of fish. That after finding fish carrying sky high loads of radiation. Tests were conducted on some species recovered about 50 miles from Fukushima, in water that is, if the readings are correct, several million times over Japan’s legal limit.

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Don’t Cry for PSU

By at March 9, 2011 | 3:54 pm | 1,702 Comments

Don’t Cry for PSU

Rock The Capital’s Scott Paterno says Governor Corbett should have trimmed even more from Penn State. Corbett has suggested reduce funding from $304 million to $152 million. Paterno says if it was up to him, he would cut every dime that the state sends to PSU.

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Corbett Budget Adds $2.4 Billion in State Spending

By at March 9, 2011 | 10:34 am | 1,403 Comments

Corbett Budget Adds $2.4 Billion in State Spending

Tim Potts has been pouring through the numbers and even he had to admit he almost fell off the chair when he came across $2.4 billion– that is actually the increase Corbett wants for his spending plan. How can that be? Read the rest of the story.

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The Best Kept Secret in Pennsylvania

By at March 7, 2011 | 3:57 pm | 0 Comment

The Best Kept Secret in Pennsylvania

Governor Corbett unveils his proposed spending plan on Tuesday. The executive director of Common Cause says his great hope is that administration will make sensible decisions about essential services that the state can not afford to lose.

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BP Cash could end up Flowing Below Pennsylvania’s Marcellus Shale

By at February 21, 2011 | 3:43 pm | 1,210 Comments

BP Cash could end up Flowing Below Pennsylvania’s Marcellus Shale

Brittish Petroleum could have a significant, indirect footing in Pennsylvania’s Marcellus Shale. BP’s deal to buy a 30 percent stake in Reliance Industries, (India’s largest owned private company) could mean a bigger presence for Reliance in Pennsylvania.

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Bush and Obama Deserve Credit for GM’s Turnaround

By at December 2, 2010 | 11:02 am | 0 Comment

Bush and Obama Deserve Credit for GM’s Turnaround

General Motors was Horatio Alger, and the model of adaptability over the first-half of the American century. GM consolidated, acquired, competed and expanded at a rapid rate; it contributed to the World War I effort, survived the 1929 stock crash, mobilized for the Great War and adjusted to postwar labor unrest. William Durant’s colorized versions of the Model-T followed […]

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Carving up the budget deficit: do not try it at home.

By at November 15, 2010 | 6:07 pm | 0 Comment

Governor-elect Tom Corbett’s best case deficit scenario coming in to office is $3 billion — some estimates put the tab closer to $5 billion. A big number, no matter how it is sliced and diced; Corbett could sure use some voodoo economics to balance Pennsylvania’s budget because its hard to conceive how he can cut or trim his way to a balanced budget. Especially since, he has taken a solemn pledge not to raise taxes […]

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