Mobile Version: mobile.timesrepublican.com
RSS:
Marshalltown Weather Forecast, IA
Member Login: Email: Password:
Search: Local News Classified Web
News | Central Iowa | Obituaries | Money & Markets | Sports | Web Exclusives | Jobs | Local Classifieds | CU Galleries
Money & Markets

John McCain has found a loophole when discussing energy

September 8, 2008

Whenever John McCain gets criticized for his ethanol stance, this is the response given by the campaign. “John McCain supports being energy independent and advocates the use of alternative forms of energy, including ethanol, competing in the free market.” The last 5 words, provide the loophole. There is no free market and darn little competition. What we have is the oil market as it is today. The U.S. military, US taxpayers, spend untold sums to guard the world’s energy security, something oil companies themselves could not do. This is an enormous subsidy paid by the U.S. government to oil companies. If it were a free market, we would let Exxon contract with Blackwell for oil security. It’s too important right? ... So the government acts to get it done. Energy independence is what’s important now, too important not to do whatever it takes to make it happen. The free market will not deliver energy independence. The market could care less about where the U.S.

» Full Story
 

Survey: Many Washington farmworkers indigenous Mexicans

September 8, 2008



SEATTLE — Indigenous Mexicans make up nearly a quarter of the farmhands who pick the apples, cherries and other crops in western Washington, a new survey has found.

» Full Story
 

Jobless rate jumps

September 6, 2008

WASHINGTON — The nation’s unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.

» Full Story
 

Business Highlights September 6, 2008

September 6, 2008

Home loan troubles break records again

WASHINGTON — The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooni

» Full Story
 

Stocks mostly rise as investors snap up financials

September 6, 2008

NEW YORK — Wall Street wrestled with intensifying economic worries Friday, extending sharp losses after a disheartening jobs report and then grudgingly engaging in some mild bargain hunting that gave the market some modest gains.

» Full Story
 

Jobless claims jump, while productivity rate soars

September 5, 2008

WASHINGTON — The number of newly laid off workers seeking unemployment benefits jumped unexpectedly last week, the government said Thursday, reversing three weeks of declines.

» Full Story
 
 
 
 
News | Central Iowa | Obituaries | Money & Markets | Sports | Web Exclusives | Jobs | Local Classifieds | CU Galleries